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DK Analytics, Blog #9: Assaulted property rights (and thus liberty); the C02 global warming hoax,installment #2

DISCLAIMER:
This commentary is not intended as investment advice or an investment recommendation. Past performance is not a guarantee of future results. Price and yield are subject to daily change and as of the specified date. Information provided is solely the opinion of the author at the time of writing.  Nothing in the commentary should be construed as a solicitation to buy or sell securities. Information provided has been prepared from sources deemed to be reliable, but is not a complete summary or statement of all available data necessary for making an investment decision.  Liquid securities can fall in value.

 


Noteworthy follow-up news/discussions/cases-in-point


 

PREPARING TO REGULATE ALL HUMAN ACTIVITY by G Edward Griffin (this is an audio publication)

https://youtu.be/Gj9xD4bj2h4

Excerpts: “Despite the mainstream media, educational establishment, entertainment industry, governments, global powers, and scientific researchers seeming to close ranks claiming “97% consensus” on human-caused global warming, glaring conflicts of interest indicate massive collusion pointed at stripping away our individual liberties and our national sovereignty, with the ultimate objective of regulating ALL HUMAN ACTIVITY.”


http://www.reuters.com/investigates/special-report/usa-buybacks-cannibalized/

Excerpts: Led by agenda-setting New York State and radical left-winger Al Gore the progressive persecution of climate change skeptics by the states is underway. Top law enforcement officers in several states are joining with the Chicken Littles of green activism to weaponize the scientifically dubious argument that human activity is not only changing the earth’s climate but that unprecedented world catastrophe awaits unless draconian, economy-killing carbon emission controls are imposed more or less immediately. The litigation offensive has nothing to do with justice. It is aimed at forcing those few remaining holdouts in the business community who stubbornly cling to science to confess their thought crimes and submit to the know-nothing Left’s climate superstitions. It is part of modern-day environmentalism’s ongoing assault on knowledge, human progress, markets, and the rule of law. Repent and embrace the true green faith or else you’ll be investigated and denounced as a climate criminal, is the message of “Inspector Gotcha,” New York Attorney General Eric T. Schneiderman.

http://www.powerlineblog.com/archives/2016/02/the-profiteers-of-climate-doom.php

Excerpts: The alarmists’ predictions of global warming resulting from increased CO2 in the atmosphere have failed to come true. In scientific terms, that is the end of the story. A theory that is refuted by observation is wrong. But since billions of dollars in government money are flowing into the alarmists’ coffers, they endlessly try to make excuses for their theory’s failure, even as they cover up that failure by retroactively altering temperature records. This is the greatest scandal in the history of science, in my opinion.


http://mobile.wnd.com/2015/11/u-n-tribunal-to-judge-u-s-for-climate-debt/

Excerpts: “Global tyranny: at the upcoming United Nations Climate Summit in Paris, participating nations have prepared a treaty that would create an ‘International Tribunal of Climate Justice’ giving Third World countries the power to haul the U.S. into a global court with enforcement powers… The purpose of this Agreement (treaty) is to enhance the full, effective and sustained implementation of the Convention and to strengthen and support the global response to the urgent threat of climate change by further addressing its causes and minimizing its adverse effects. Parties recognize based on the latest scientific knowledge that deep cuts in global greenhouse gas emissions [anthropogenic climate forcers] and enhanced actions to address climate change and its adverse effects are urgently required. An International Tribunal of Climate Justice as a compliance mechanism is hereby established to address cases of non-compliance of the commitments of developed country Parties on mitigation, adaptation, finance, technology development, transfer and transparency of action and support, including through the development of an indicative list of consequences, taking into account the cause, type, degree and frequency of non-compliance.”


http://www.ft.com/intl/cms/s/0/82993bbc-56f4-11e5-9846-de406ccb37f2.html#axzz3pOmj81pF

Excerpts: “The latest moves to shut old coal-fired plants deemed uneconomic — the most recent, Eggborough, announced just two weeks ago — could trigger electricity price spikes and put UK businesses with interruptible contracts at greater risk of supply curbs.”


http://www.cnsnews.com/commentary/h-sterling-burnett/obama-delivers-deathblow-coal-clean-power-plan

Excerpts: “Obama’s misguided focus on reducing greenhouse gas emissions in order to prevent a completely theoretical anthropogenic climate change catastrophe is destroying U.S. jobs, threatening electric power reliability and affordability, and doing absolutely nothing to prevent climate change. By the administration’s own estimates, the Clean Power Plan would reduce future global temperature by less than a hundredth of a degree, an amount thermometers can’t even measure. Obama’s climate obsession comes at a high price for electric power ratepayers. Since Obama ascended to the presidency, the Energy Information Administration (EIA) reports coal’s share of the nation’s electric supply fell from 48 percent in 2007 to 39 percent in 2014. Because coal is a low-cost source of electricity, electric power prices have risen 15 percent since Obama became president, despite historically low inflation.”


http://cnsnews.com/news/article/kathleen-brown/nobel-prize-winning-physicist-obama-dead-wrong-global-warming-0

Excerpts: “’Everything is going to hell. But the facts are that in the last 100 years we have measured the temperature, it has gone up 0.8 degrees and everything in the world has gotten better…We live better, we have better work, better health, better everything — but if we go [up] another 0.8 degrees, we’re gonna die, I guess,’ he said sarcastically. Giaever also does not perceive a threat in rising carbon dioxide (CO2) levels, noting that ‘if you have more CO2 the plant grows faster…It’s a wonderful thing, but they don’t talk about that in Nature magazine,’ which he accused of wanting to ‘cash in on the [global warming] fad.’”


Excerpts: “Unable to address Texas senator Ted Cruz’s questions about “the Pause” — the apparent global-warming standstill, now almost 19 years long, …”

Excerpts: “Alarmist scientists have gone so far as to urge the Obama administration to prosecute criminally scientists who disagree with them”

http://www.powerlineblog.com/archives/2016/06/energiewoopsie-or-what-happens-when-you-dump-nuclear-power.php

Germany waters down climate protection plan

Excerpts: Germany has abandoned plans to set out a timetable to exit coal-fired power production and scrapped C02 emissions reduction goals for individual sectors, according to the latest draft of an environment ministry document seen by Reuters on Wednesday.  An earlier version of the draft document that was leaked in May had suggested that Germany should phase out coal-fired power production “well before 2050” as part of a package of measures to help Berlin achieve its climate goals.  The new version, which was revised following consultation with the economy and energy ministry, has also deleted specific concrete C02 emissions savings targets for the energy, industry, transport and agriculture sectors.

The article shines additional light on a post of ours on this theme, namely:  http://dkanalytics.com/dkblog/index.php/2015/09/28/dk-analytics-blog-9-assaulted-property-rights-and-thus-liberty-the-c02-global-warming-hoax-installment-2/.  We hope you find the Power line piece both illuminating and germane.


 

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DK Analytics, Blog #8: Assaulted property rights (and thus liberty); fiat money focus, installment #1

DISCLAIMER:
This commentary is not intended as investment advice or an investment recommendation. Past performance is not a guarantee of future results. Price and yield are subject to daily change and as of the specified date. Information provided is solely the opinion of the author at the time of writing.  Nothing in the commentary should be construed as a solicitation to buy or sell securities. Information provided has been prepared from sources deemed to be reliable, but is not a complete summary or statement of all available data necessary for making an investment decision.  Liquid securities can fall in value.

 


Noteworthy follow-up news/discussions/cases-in-point


https://www.youtube.com/watch?v=2VxWu_PUaCU&feature=youtu.be

Excerpt: Why are we seeing unnaturally stable bond yields and prices despite the spike in dumping of US Treasuries by the world’s central banks? Have the rules of supply and demand been rendered obsolete?


http://freakonomics.com/2015/12/03/ben-bernanke-gives-himself-a-grade-a-new-freakonomics-radio-podcast/

Podcast interview excerpts: DUBNER: “Anyone who spends time on YouTube and on, particularly Libertarian or right-wing quadrants of YouTube, will find statements, videos of you, compilations of conversations you had, whether in the media or elsewhere, that as modulated as they may have been in retrospect appear, kind of monstrously wrong. What do you think? What do you say when you hear that statement of yours from 2005?”BERNANKE: “Well, it was partly the result of the fact that I was representing the administration. And you don’t really want to go out and say, ‘Run for the hills,’ right?”


http://www.monticello.org/site/jefferson/private-banks-quotation

Excerpt: “If the American people ever allow private banks to control the issue of their currency, …”


Excerpt: The popular explanation — originating with then-Fed Chairman Ben Bernanke and promoted relentlessly by the media — for why the $700 billion TARP bailout had to be passed is destroyed with an 8-minute film.


Summary: Who is really to blame for market inefficiencies and distortions? The current BoE boss, Mark Carney, who has been in favor of banning cash and is now considering stepping up central bank management of markets, says “the markets themselves!” Enough to make you think twice, since central bankers talk with each other and often lean toward group think.
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