Tuesday, December 22, 2009

Under ObamaCare, Prepare to Wait 18 Months to See a Doctor

Paul Joseph Watson
Prison Planet.com
Tuesday, December 22, 2009

Eye surgeon and senatorial candidate Rand Paul warns that under ObamaCare, Americans could be forced to wait a year and a half merely to see a doctor due to Canadian-style rationing of health care being imposed.
As an eye surgeon with his own private practice, Paul warned that senior citizens could be forced to endure debilitating conditions as a result of health care rationing under the system being readied for passage, and be forced to wait as long as 18 months just to see a doctor as happens in Canada and Britain.
“There are 1 million people waiting for any kind of elective surgery in Canada at any one time,” he told Newsmax.TV’s Ashley Martella.
“Canada’s so bad that they have a lottery, there are some little towns that have one family doctor, they do a lottery and you can sometimes wait a year and a half to see the doctor,” said Paul. “I have friends who are eye surgeons in Canada, they’ve finished their surgery by September, they’re allotment, they’re given a number of surgeries they can do, when they’re finished in September some of them come to the U.S. and do elective cosmetic eye surgery in the U.S. because they’re not allowed to operate any more in Canada.”
In his article, There’s No Such Thing as Free Health Care, Journalist John Stossel highlights how even people with life-threatening conditions are told to wait. A woman with a blocked artery that prevented her from digesting food was told by doctors in British Columbia that she had only weeks to live, but that the surgery was still “elective.”
“The only thing elective about this surgery was I elected to live,” said the woman, who traveled to the United States to receive treatment.
It’s true that America’s partly profit-driven, partly bureaucratic system is expensive, and sometimes wasteful, but the pursuit of profit reduces waste and costs and gives the world the improvements in medicine that ease pain and save lives.
“[America] is the country of medical innovation. This is where people come when they need treatment,” Dr. Gratzer says.
“Literally we’re surrounded by medical miracles. Death by cardiovascular disease has dropped by two-thirds in the last 50 years. You’ve got to pay a price for that type of advancement.”
Canada and England don’t pay the price because they freeload off American innovation. If America adopted their systems, we could worry less about paying for health care, but we’d get 2009-level care—forever. Government monopolies don’t innovate. Profit seekers do.
On this note, Paul stressed that problems in health care were created by too much government interference, and that the only way to fix the system was to increase competition, not restrict it.
The Republican candidate for Senate highlighted FEMA’s botched efforts to distribute water bottles at the superdome after Hurricane Katrina as an example of the failings of government-run health care.
“They can’t even distribute water, there’s no way they can distribute health care,” said Paul.
The Senatorial candidate also said that with 46 million new people on government assistance, the new system could bankrupt medicare and lead to rationing for everyone. Doctors who have already tolerated shrinking wages for the last fifteen years would also leave the U.S. warned Paul, creating a vacuum.
“It’s intellectually dishonest for Democrats to say it’s going to cost $874 billion, but it’s really not going to add anything to the deficit. I don’t think the American public believes that,” added Paul.
Paul pointed out that the longer the debate raged about health care, the more people opposed the government’s proposals, emphasizing why the Obama administration is hell-bent on ramming through the legislation later this week on Christmas Eve.
Watch the video below:

Two Years of Failure in Directing The Economy

Bob Chapman
December 22, 2009
As we look back and this year comes to an end we find two plus years of failure. Even government admits to 1-1/2 years of negative growth – a sorry record after having poured trillions of dollars into the economy. The recent 3rd quarter results supposedly broke that record. If it did it was the result of government stimulus and Fed monetization. If you look back further you will find a stock market that rallied 54% just to reflect the highs of 1999. House prices have decline to 1990s levels as well. Both markets, which were bubbles, next year will fall again. Americans opened their markets to products of Communist China’s slave labor and China became the world’s biggest exporter. Via free trade, globalization, offshoring and outsourcing, transnational conglomerates have stolen America’s destiny and handed it to China. This is what corporatist fascism is all about.
featured stories   Two Years Of Failure In Directing The Economy
featured stories   Two Years Of Failure In Directing The Economy
featured stories   Two Years Of Failure In Directing The Economy
Bernanke has created the biggest Ponzi scheme in history, so he is to be rewarded. This is a world gone mad.
The dollar will soon end its mini-rally and the USDX will test 71.18 in the first quarter as the euro tests $1.62. Interest rates will stay at zero for at least two years, and mega monetization will continue. As you have just seen the Treasury wants TARP funds for Treasury debt and the administration wants the TARP funds to further stimulate the economy. Either way it is very inflationary.
We are told the credit crisis is over and that recovery is underway. We do not believe that. It is projected that as many as 300 more companies will default on debt in 2011. A default rate of 12 to 14 percent. That is up from 1% in 2007 and a long-term average of 4.5%. These are not just small firms, but companies with more than $100 million in assets as well. That doesn’t sound like recovery to us. What is very significant is that the 300-figure is based on recovery. Only 116 companies defaulted between 2004 and 2007. One of the groups hit hard will be commercial real estate. The figures are already bad, but companies and lenders have been buying time by using two sets of books, marking to model and refinancing. All that doesn’t change the big picture and that is with a recovery the situation will be bad, without recovery it will be dreadful.
Corporate America has lots of problems, but the federal government has many more. It has to finance more than $1 trillion a year in borrowings. Interest rates are the lowest ever, but rates will begin to climb next year; 5% real interest rates would add some $600 billion to the debt service. That is more than the combined costs of Iraq and Afghanistan, energy, education and Homeland Security.
The Fed has been backstopping short-term interest rates and holding down long-term rates. They say they will end their $300 billion program to buy up Treasury bonds and will stop buying mortgage securities by the end of next March.
The administration believes it will have to borrow $3.5 trillion over the next three years, plus rolling over short-term debt, or another $1.6 trillion. That is a total of $5.1 trillion. Knowing politicians you can increase that number by at least 50%. The wages of sin have caught up with the government as it attempts to replace short-term bills with 5, 7, 10 and 30-year paper. We do not believe the debt is payable and the consequences are not going to be pretty. All the velocity of monetary circulation is not going to change the final outcome.
At the same time the Fed and Wall Street are trying to cover-up, as they did 2-1/2 years ago what became a credit crisis. Last time they ramped up the stock market and they are attempting to do the same thing again. It is a masking of two underlying problems. They are doing what they did before, pushing up the value of shares, of companies that are on the edge of serious problems. In this process they have virtually nationalized banks and given them the funds to re-leverage in the market and take it again to today’s heights. The market has again become divorced from economic reality. They are again about to find out printing money and taxing is not going to solve the problem. On the way to the printing press and along the path of monetization the government has forgotten that they are in serious financial conditions and in the coming year will not be able to fund their deficit. The revenues are not to be had and foreigners are more and more reluctant to shoulder America’s debt. That means another credit crisis and further monetization of debt. Very simply, the US government is bankrupt. They can either default or lay the burden on future generations. The immediate answer is for government to cut spending on such trivialities, such as Medicaid, Medicare and Social Security. Allow the citizens to live in penury and poverty. These are the people who helped build America into what it is and they are to be cast aside as the Fed rescues its owners, the bankers, who deliberately caused the problem in the first place.
The deficit for fiscal 2010 should be close to $2 trillion, up from $1.4 trillion in 2009. The projection for the next ten years is at least $10 trillion. That means an increase of 150% to be serviced by 60% increase in tax revenue in a world where current receipts are off 30%. Even in better times recently tax revenues only increased by 12% during the biggest real estate and stock booms ever. We are about to find out that the muddle through theory does not work. Just for good measure we will add that unfunded liabilities increased by $9 trillion last year alone. That is ten years of deficits in just one year. Who in their right mine is going to fund and support such profligacy?
Just to give you an idea of how much debt has been created, the average G-20 budget deficits are 10.2% of GDP, when 3% is normal. Greece, which is on the edge of bankruptcy, will be 12.5% in 2010. Yet, the US is already at 13.5%. Close behind are the UK and Japan at 11.6% and 10.3%. The erosion of confidence and trust will soon manifest itself as lenders stop lending to these nations. This has already happened to the US with the Fed monetizing more than half of Treasury issuance. This is proof the dollar will crash and be devalued, as debt goes into default. Foreign nations are understandably concerned, as the dollar now only makes up 37% of new foreign reserve holdings. That is about a 50% reduction in holdings. As we reported before it is no wonder oil producers have held secret meetings to dump the petro dollar. Wall Street, Washington and central banks worldwide refuse to heed the lessons of the centuries and so have been damned to oblivion.
In more slight of hand the BLS has let us know that their birth/death model has overestimated the unemployment by some 824,000. These errors will be included in their statistics in February, and may be revised. The private sector number is 855,000. Some would like to call the error incompetence, we call it strategic planning by government to mislead the American people. For months the number of employed had been expanding via these phantom figures when they should have been contracting. We cannot access their data so the incorrect figure could be even higher.
What government has been doing is guessing for the past six years how many jobs had been created or lost by small businesses. In reality it was a totally unsound method of creating jobs that didn’t exist.
This miscounting by other methods also distorts the CPI, PPI retail sales, durable goods and, of course, GDP. That means you cannot believe a thing the government says. We have contended this for more than ten years. As an example, how can employment in small businesses be growing when more than 43,000 went under last year? Even if the figures come in late there obviously is never any adjustment. The difference in this case is jobs lost were not 7.2 million, but 8 million. In the second quarter some 16,000 businesses failed, up from about 14,000 quarter-to-quarter, the highest in 16 years. In addition the BLS only looks at unemployment insurance tax records once a year – how convenient. The birth/death model is nothing more than a ruse to present unemployment in a better light. This has been done for the past six years not just over the past two years. Our research shows a bogus set of additions yoy of about 1.7 million.

Small business cannot borrow and they created 64% of new jobs in the past 15 years says the SBA. We see that figure at 75%.The fund-less FDIC reports US banks may be making money gambling with leverage using TARP funds, but bank loans fell by $210.4 billion, or 2.8% in the third quarter, the biggest drop since the FDIC started keeping records in 1984. Those same banks booked profits of $2.8 billion reversing a $4.3 billion third quarter loss. Loans to businesses fell 6.5% and those to real estate 8.1%.
Non-current loans rose 10% to 5% of all loans to $366.6 billion, the highest rate on record. In the 3rd quarter banks charged off $51 billion in bad loans, the 11th straight quarterly increase, up more than 80% yoy. 66-2/3% of banks set aside $62.5 billion in loss reserves, 22% higher yoy.
124 banks have failed thus far this year, up from 25 in 2008 and we could see more than 2,000 fail in 2010 and 2011.
It looks like the stock market is finally ready to rollover. It is in a well-defined head and shoulders pattern that began in September. This is what happens when trillions are given to the financial sector and a pittance to the public. This is a control planner’s formula for disaster. The present dollar rally could end at 78 or 80 and then the test of 71.18. Our government rigged this rally using the currency swaps they created out of thin air in March.
If banks do not increase lending by 20% in 2010, a second credit crisis will beset markets. Stocks are way over valued having baked in a strong recovery with the help of TARP funds. This market reminds us of the alcoholic who has to have a drink upon rising and says he is not an alcoholic. All Wall Street knows is profits and they could care less about unemployment. The debasement of our currency means nothing. Speculation wages again with no thought of lower financial profits in the first quarter and a distinct chance of a second credit crisis. Ignored is the government’s manipulative presence in the market, or market fundamentals. Today’s speculation reflects the lack of trust, confidence and lack of fiscal and monetary discipline. The theme is we had better make it while we can, because there may be no tomorrow. As a result the probability of a steep market correction is strong. What we are involved in economically and financially is not a common correction, it is a correction in a bear market and few, even professionals, see this. This happened in the early 1930s and by the end of 1940 we still had not exited depression. We had to arrange a war to extricate ourselves.
Just look around you and you will see contraction as well as higher inflation. New home purchases fell to a 12-year low in November, off 22%, as government expanded the assistance program to include higher-income trade up buyers. Auto sales are fading again as well. Why? Because the markets for big-ticket items are saturated. We still have to face de-leveraging by domestic financial institutions, which few talk about. March values at Dow 6,600 were fair for that time frame. 10,500 is madness even after allowing for a bottom bounce to 8,500. We can assure you 6,600 will be tested again. We see the Dow sweeping into the 6,300 to 6,600 area for a first real test. We cannot tell at this juncture whether it will hold or not.
Few, except for Ron Paul and his fellow sound money adherents, are asking where the trillions of dollars of Fed and government money has been spent, or who got it, and what was the collateral on the loans and how was it priced? The recipients for the most part were the same culprits who caused all the problems in the first place.
In case you have not realized it the US government has to replace $2.5 trillion in debt in 2010, or 35% of their outstanding marketable obligations.
The Chicago Climate Exchange is 10% owned by Goldman’s Hank Paulson and former Treasury Secretary, 10% by Generation Investment Management, owned by Al Gore and 10% by Goldman Sachs. The exchange has been operating for several years.
If the US cannot craft a plan in 2010 to get its ballooning debt under control, it will face panic in financial markets. That is why you must be out of US dollar denominated assets. That is all forms of US government, state government debt (municipals), cash value life insurance policies, and annuities and out of the stock market except for gold and silver shares.
The national debt has more than doubled since 2001 due to wild government spending and gross incompetence of those in government. There were political tax cuts and a trillion dollar war to assist in the carnage. This has put national debt at 53% of GDP, up from 41% just a year ago. Some believe that figure could be as high as 85% in 2018 and 200% by 2038.
The government now admits to inflation of 2.4%. We see 7.7%.
The MBA mortgage purchase Application Index fell 0.1% in the week of December 11 for a total market index of 0.3%. This compares to 4% and 8.5%, respectively in the prior week. The refi index was 0.9% versus 11.1% in the prior week. The 30-year fixed rate mortgage rose 3 bps to 4.92% and the 15s were flat at 4.33%.
We are getting change you can believe in. The IRS granted another sweetheart deal to Citigroup – a $38 billion tax break. As George Orwell said in Animal Farm, “Some became more equal than others.” This is nothing more than a gift from taxpayers to bail out a bankrupt bank.
Making the President win a Peace Prize for widening a war was an insult to all Americans and citizens of the world.
Now we are again insulted by the elitist-owned media as Time Magazine crowned Ben Bernanke as person of the year, after he deliberately destroyed the American economy. This is akin to naming cheetah Woods as husband and father of the year.
Bernanke has created the biggest Ponzi scheme in history, so he is to be rewarded. This is a world gone mad.
Nomi Prins, former managing director of Goldman Sachs and head of International Analytics Group at Bear Stearns in London, is saying what we have been saying “The giant banks are manipulating their books to make themselves look profitable.” Prins says, this might be worse than the fraud, which occurred at Enron.
David Rosenberg says: “The government has to roll $2.5 trillion of debt in 2010, or 35% of its outstanding obligations.” That means no interest rate hikes, officially anyway. For 2010 he has Japan’s debt to GDP at 227%, Italy 120%, the US and UK at 94%, Germany and France at 83% and Canada at 79%. This also means all currencies will continue to fall versus gold.
The Fed has unnerved liquidity bulls by stating that they would accelerate the termination of credit facilities and remove most of the facilities by February 1, just as we reported earlier. We said they wanted to remove $1.5 trillion from the system, privately as we reported. They will monetize $1.425 trillion of Agencies by 3/31/10. Supposedly no more asset-backed commercial paper, Money Market Fund liquidity facility; the commercial paper facility; the primary dealer credit facility and the term securities lending facilities. It will close swap arrangements by February 1, 2010. That means no further major dollar support and explains why the dollar is manipulated upward prior to the end of support. The term auction facility will be scaled back. By June 30, 2010 the term asset-backed securities loan facility for toxic waste will end. Later in 2010 everything will become unglued again and the second credit crisis should begin.
PIMCO’s Total Return fund went to cash holdings of plus 7 from minus 7, as Treasury holdings fell to 51% from 63%. They cut holdings of mortgage securities to 12%, the lowest since PIMCO started in 2000, from 16%.
The Treasury says the Fed was responsible for Citigroup’s botched attempt to raise funds to pay back its (TARP) federal bailout. Wall Street banks, despite planning to pay sky-high bonuses this year, have yet to turn things around.
Congress voted a $290 billion increase in the debt ceiling, which will last only six weeks.
A $2 trillion increase in the debt ceiling will last 15 months. Next comes the unlimited ceiling. Pretensions will eventually be cast aside. The country is bankrupt.
Then the Senate finance committee voted to reappoint the Chief counterfeiter Ben Bernanke. Wonders never cease. What they should have hired was the monkey from the organ grinder; he couldn’t have done any worse. Shame on the committee.
What has occurred in the US could not have happened by ineptness or chance. It has been done by design. There is no such thing as coincidence.

Spy Drones To Enforce CO2 Regulations

Paul Joseph Watson
Prison Planet.com
Monday, December 21, 2009
Spy Drones To Enforce CO2 Regulations 211209top
President Barack Obama has said that spy drones will be used to enforce CO2 emission regulations, while British Prime Minister Gordon Brown has outlined plans for the European Union to police compliance with carbon-cutting targets.
The final Copenhagen Accord included the provision that a global “governance structure” would be set up to control taxes on CO2 emissions and this is already starting to take shape after Gordon Brown announced that he is drawing up plans with French President Sarkozy for the EU to become a global warming policeman.
“Mr Brown and French President Nicholas Sarkozy now are working proposals for a “European monitoring organisation” that will oversee every country’s actions on emissions,” reports the Telegraph.
“I will work with President Sarkozy for a European organisation that will monitor the transparency that is being achieved not just in Europe and our own countries, but in every country around the world,” said Brown, adding, “I think people deserve for there to be international reporting at the highest standards of what is being done.”

In addition, President Barack Obama said that satellite technology would be used to check if countries like China are living up to their promises to cut CO2, a move that has been termed “eco-spying”. New advancements allow drones to monitor greenhouse gas emissions over a certain geographical area.

“We can actually monitor what takes place through satellite imagery and so forth, so I think we are going to have a pretty good idea of what people are doing,” said Obama.
“It is hoped that the use of satellite imagery will increase pressure on every country to do their part once targets are eventually in place,” according to the Telegraph.
While this will inevitably pose highly problematic geopolitical flash points in the short term, specifically with regard to U.S. satellites snooping on China, one can only imagine the long term implications of such measures on an individual level.
Governments are already announcing laws to track and trace every mile we travel via black boxes in our cars.
In future, is every business going to be assigned its own individual spy drone to monitor and report on its CO2 emissions?
In a wider sense, this is all geared towards further crushing any notion of border integrity or national sovereignty in pursuit of a global government authority to rule over all countries, zealously enforcing draconian CO2 reduction targets that will bankrupt richer countries while completely devastating the third world, leading to untold poverty and millions more deaths as a result of skyrocketing food prices.

Greek PM, Bilderberger at Copenhagen: "We are Observing the Birth of Global Governace

Jurriaan Maessen
December 20, 2009
Addressing the COP 15 summit last Thursday, 5 time- Bilderberg attendee, president of the Socialist International, and current prime minister of Greece, George Papandreou, stated that “at this time, we are observing the birth of global governance.”
featured stories   Greek PM, Bilderberger at Copenhagen: We are Observing the Birth of Global Governance
featured stories   Greek PM, Bilderberger at Copenhagen: We are Observing the Birth of Global Governancefeatured stories   Greek PM, Bilderberger at Copenhagen: We are Observing the Birth of Global Governance
Greek PM and Bilderberg attendee George Papandreou: Copenhagen “is global governance in the making.”
After this statement we continuously hear parroted by members of the Bilderberg Group, he added: “We must, however, agree to an obligation and be committed to carrying this out.”
The interesting thing is that Papandreou published a version of the same speech onhis own website, but with an altered- but certainly more revealing- text:
“This is global governance in the making. But we must agree, and agree to a binding commitment.”
He also admitted he was not there only as Prime Minister of Greece:
“The Socialist International, which I also represent here, has proposed, among other measures, funding through an international carbon tax, green bonds or transaction taxes, transforming foreign debt into equal funds to be used by poor countries for climate change adaptation.”

Papandreou attended the Bilderberg conferences of 1995, 1998, 2000, 2004 and 2005. So it may not come as any surprise that the Papandreou calls for global governance to “stop climate change”- which is of course as absurd as calling for the planet to stop turning. It’s interesting to note here that earlier this year Papandreou authored an article for TheNation titled ‘
The Challenge of Global Governance” in which he openly stated: “While I am pleasantly surprised that socialism is back in vogue, I am also mindful that it must be reinvented, too.”

“(…) we are calling for greater financial transparency, more robust regulation, the closing of tax havens, and the creation of a World Finance Organization to enforce global standards.”
In between Bilderberg meetings, on May 8, 2003, the Prime Minister showed us a glimpse of the master plan, namely:
“Creating a new Europe, means creating a new concept of identity for Europe itself, for all the countries in it and to a certain extent for the world too. Europe has a unique dimension here. What is happening in this globalizing world. We are seeing the difficulties of integration into the world system, into a global village. We are seeing a difficulty in creating global governance.”
The plan of the Socialist International as well as their sugar-daddies, the Bilderbergers, is to remove any difficulties they may encounter while setting up their world government.

Alex Jones: Copenhagen Births World Government Framework Despite Fallout Over Science Fraud

Aaron Dykes
December 19, 2009
IN HIS THIRD EXCLUSIVE EXPOSÉ OF THE CLIMATEGATE FALLOUT, Alex Jones breaks down the conclusion of the Copenhagen United Nations Conference on Climate Change (UNFCC), including the foundations of a new era of Global Governance– as evidenced by quotes directly from the mouths of Al Gore, UN Head Ban Ki-Moon and bankster heir David de Rothschild.
Though new taxes have been levied and mechanisms for world regulation have been laid down, the Climate Change agenda has taken a lot of political damage. The beginnings of Climategate with the East Anglia CRU email leaks were just the beginning of a chain reaction of revelations that has fueled anger, doubt, denial and speculation worldwide. Compromised calculations or deliberately-fudged data have been exposed worldwide from research centers in Russia, New Zealand, Australia and beyond– casting serious doubt by even mainline commentators upon the so-called “settled-science” and ‘peer-reviewed’ scientific “consensus” of man-made global warming.

Further, many leaders from Third World nations became angered at the ‘Danish text leak’ revealing plans to burden lesser-developed nations with greater emissions cuts and plans to levy a proposed $100 Billion in ‘green’ debt upon poorer nations, to be paid back at interest, of course. George Soros has proved to be at the center of what has been critiqued as ‘Climate Colonialism’ and would prove deadly to populations at-risk for starvation in Africa, Asia, Latin America, Eastern Europe, etc. Already, taking over farmlands for ethanol production in the place of food has been blamed for millions of deaths in the LDCs.
Alex also breaks down revelations about the carbon trading and other green schemes. It’s not only players like Al Gore, the Rothschilds and George Soros who stand to make a killing. President Barack Obama– with a great conflict of interest– was a founding investment partner in theChicago Climate Exchange alongside Maurice Strong, a top Rockefeller agent and leading climate change schemer.Chicago Climate Exchange is written into the architecture of many of the proposals for alternative energy credits, carbon derivatives and other green financial products and stands to provide a worthwhile return on investment.
In the end, the forced-incrementalism towards total world government, with complete dominance over money, debt, food, energy and resources, paid a price in exposure at COP15. Many politicians, journalists and people in general are now well aware that a scam has been forced down upon them– and both their freedom and sovereignty are certainly at stake.

There'll be Nowhere to Run From The New World Government

Janet Daley
The Daily Telegraph
December 21, 2009
featured stories   Therell be nowhere to run from the new world government
Barack Obama, Nicolas Sarkozy, Angela Merkel, Gordon Brown and other leaders at the Copenhagen climate talks.
There is scope for debate – and innumerable newspaper quizzes – about who was the most influential public figure of the year, or which the most significant event. But there can be little doubt which word won the prize for most important adjective. 2009 was the year in which “global” swept the rest of the political lexicon into obscurity. There were “global crises” and “global challenges”, the only possible resolution to which lay in “global solutions” necessitating “global agreements”. Gordon Brown actually suggested something called a “global alliance” in response to climate change. (Would this be an alliance against the Axis of Extra-Terrestrials?)
Some of this was sheer hokum: when uttered by Gordon Brown, the word “global”, as in “global economic crisis”, meant: “It’s not my fault”. To the extent that the word had intelligible meaning, it also had political ramifications that were scarcely examined by those who bandied it about with such ponderous self-importance. The mere utterance of it was assumed to sweep away any consideration of what was once assumed to be the most basic principle of modern democracy: that elected national governments are responsible to their own people – that the right to govern derives from the consent of the electorate.

Sunday, November 29, 2009

Potential for FED to Hyperinflate

Bob Chapman 
The International Forecaster
November 29, 2009
The following information may be the most important we have ever published. One of our Intel sources, highly placed in banking circles, tells us that on 1/1/10 all banks that have received TARP funds have been informed by the Federal Reserve that they must further restrict any commercial lending. Loans have to be 75% collateralized, 50% of which has to be in cash, which is a compensating balance.
featured stories   Potential For Fed To Hyperinflate
featured stories   Potential For Fed To Hyperinflate
Major and semi-major banks are being told to obtain secure storage for new currency-dollars. They expect official devaluation by the end of the year.
The Fed has to do one of two things: They either have to pull $1.5 trillion out of the system by June, which would collapse the economy, or face hyperinflation. This is why the Fed has instructed banks to inform them when and how much of the TARP funds they can return. At best they can expect $300 to $400 billion plus the $200 billion the Fed already has in hand.
We believe the Fed will opt for letting the system run into hyperinflation. All signs tell us they cannot risk allowing the undertow of deflation to take over the economy. The system cannot stand such a withdrawal of funds. They also must depend on assistance from Congress in supplying a second stimulus plan. That would probably be $400 to $800 billion. A lack of such funding would send the economy and the stock market into a tailspin. Even with such funding the economy cannot expect any growth to speak of and at best a sideways movement for perhaps a year.
We have been told that the FDIC not only is $8.2 billion in the hole, but they have secretly borrowed an additional $80 billion from the Treasury. We have also been told that the FDIC is lying about the banks in trouble. The number in eminent danger are not 552, but a massive 2,035. The cost of bailing these banks out would be $800 billion to $1 trillion. That means 2,500 could be closed in 2010. Now get this, the FDIC is going to be collapsed before the end of 2010, which means no more deposit insurance. This follows the 9/18/09 end of government guarantees on money market funds. Both will force deposits into US government bonds and agency bonds in an attempt to save the system.
This will strip small and medium-sized banks and force them into shutting down or being absorbed. This means you have to get your money out of banks, especially CDs. We repeat get your cash values out of life insurance policies and annuities. They are invested 80% in stocks and 20% in bonds. Keep only enough money in banks for three months of operating expenses, six months for businesses.
Major and semi-major banks are being told to obtain secure storage for new currency-dollars. They expect official devaluation by the end of the year.
We do not know what the exchange rate will be, but as we have stated previously we expect three old dollars to be traded for one new dollar. The alternative is gold and silver coins and shares. For those with substantial sums that do not want to be in gold and silver related assets completely you can use Canadian and Swiss Treasuries. If you need brokers for these investments we can supply them.
The Fed also expects a meltdown in the bond market, especially in municipals. Public services will be cut drastically leading to increased crime and social problems, not to mention the psychological trauma that our country will experience. Already 50% of homes in hard hit urban areas are under water, nationwide more than 25%. That means you have to be out of bonds as well, especially municipals.
As you can see, the Illuminist program is going to come quicker than we anticipated. That in part is because they have had to expedite their program, due to exposure in the IF, other publications and especially via talk ratio and the Internet. There is no doubt we have the elitists on the run.
We are reaching the masses. On TalkStreamLive.com we were on the Rumor Mill this past week and out of 50 talk radio programs we were 5th behind, Rush, Hannity, Dr. Laura and we were tied with Beck. On the Sovereign Economist on Wednesday night we were 5th behind Beck and Savage and ahead of Hannity. Both these programs are not well known and the Sovereign Economist is only about a month old. It shows you what you can do if you work hard enough at it.
The latest favorable events we are told are the seeds of recovery. The green-shoots of spring are to be harvested before winter sets in. We are skeptical of the strength and duration of such a recovery.
The underlying problems are still not being addressed. The US government and the Fed cannot bail out banking, Wall Street, insurance and government indefinitely via monetization. Impaired corporations, no matter what their size, have to be allowed to fail. Stimulus cannot be used indefinitely. Both have to be reigned in, because the longer this charade continues the worse the final outcome is going to be. As we predicted six year’s ago, Fannie Mae, Freddie Mac, Ginnie Mae and FHA are the wards of American taxpayers, as is AIG. All their financial conditions worsen every day. They have again been insuring subprime mortgages by the thousands and when they begin to reset next year, we will be back to 60% failure rates. Even government admits already they’ll see 20% failure rates. This, so that housing inventory can be cut from 11-1/2-months inventory to 7-months, again in order to bail out the lenders at the expense of taxpayers. Government and the Fed have no exit plans for these sinking ships, particularly Fannie, Freddie, Ginnie and FHA, never mind their meddling in the economy guaranteeing everything is sight. Benito Mussolini would be very proud of what they have done.

Then we have those on Wall Street, banking and corporate America who believe they are doing God’s work by looting the American public making outrageous profits by in part using taxpayer funds, and allotting themselves disgraceful bonuses as unemployment hovers at 22.2%. Haven’t these people heard of the French Revolution? Their arrogance has no bounds. The credit crisis hasn’t ended; the Fed has extended it by throwing money at problems. We have a mortgage market that is worse than it was a year ago, only kept from sinking by a tax credit 3% down. As a result now we have more than $1 trillion of new mortgage failures on the way.

Our monetary base has more than doubled. Interest rates will probably stay where they are for 18 months or more and we even have a dollar carry trade. The 2009 fiscal budget deficit was $1.5 trillion and 2010 will be worse. Government is not cutting expenses. They are increasing expenses.
In addition making matters worse corruption is flourishing via the incestuous revolving door between Wall Street, the Treasury, in a multiplicity of other appointments and with the Fed. Is it any wonder 75% of Americans want the Fed audited and investigated. That said, the present set of circumstances cannot be allowed to go on indefinitely. We cannot keep insurance, Wall Street and banking on life support forever. Not when we finance two occupations and an ongoing war, never mind our unfunded liabilities of Medicare, Social Security, etc. most all of these problems are being financed by debt to be paid by our great, great grandchildren. We just created $12.7 trillion for bailouts and the Inspector General tells us we are presently on the hook for $23.7 trillion. What happens if all the recipients need another $20 trillion?
The situation is still dire and the solution is temporary and unworkable and Washington and New York are well aware of this. The game will play out over the next few years. In the meantime the dollar will move lower and inflation, gold and silver higher.
Economics is not complex; it is very simple. Professors and economists would like to have you believe it is complicated when in fact they make it opaque, so you cannot understand it. The same is true with banking. In normal times through the century’s bankers using the fractional banking system usually lent 8 times their assets, or deposits. It was only until recently that the privately owned Federal Reserve told banks within the system to lend 40 times assets or more in order to accommodate the system.
All this is to cover to confuse and hide the truth of fractional banking. Bankers’ indebt borrowers with money they made up out of thin air. Debt is enslavement by the bankers upon the people by buying almost everyone off. In the final analysis banking is a fraud unless money is interest free. The Fed, and all the other banks are a fraud.
The game as we know it today began in 1694 when the Rothschild’s formed the privately owned Bank of England and the production of bank notes began and circulated along with sterling silver coins. The end result has been that the bankers own the world. The system today is based on confidence and trust, something that has been worn thin. A reflection of the loss of trust and confidence is that 75% to 80% of Americans want HR1207 and S604 passed by Congress, so that the Fed can be audited and investigated. The public no longer trusts the Fed and the banks. As a result the con game may well be coming to an end. Fifty years ago we and a handful of other conservative warriors set out to inform the public of the giant scam that the Fed really was. It has been a long hard road. Gary Allen and Alan Stang are gone and of the originals all that are left are G. Edward Griffin, Stan Monteith, Anthony Hilder and us. During our lifetimes we now probably will see the end of the Fed. Because the people have finally been awakened. It was a long hard battle that may soon come to fruition.
The final step will be the termination of the Federal Reserve and its monopoly on financial theft. Unfortunately it will mean the demise of the only financial system we have known for 315 years. We do not know as yet what the new system will be like, but the con game is over and most of the world’s inhabitants are broke. The debt that is owed simply cannot be repaid. Japan, the US, the UK and Europe will be the first to go followed by most of the rest of the world.
You ask who will be the big winners? Gold and silver of course. Just as we have been telling you they would for 9-1/2 years, since gold was $252.00 and silver $3.80. Look at the gains for those who listened. And, we still have a long, long way to go to preserve our wealth. Over all those years the gold suppression cartel fought to hold down gold prices by selling gold, using derivatives and futures and in collaboration with good producers such as Barrick Gold and others. Hopefully HR3996 (HR-1207) will now pass unchanged and we can take a look at what the Fed and the Treasury were doing and who aided them.
What we are witnessing in the US and world economy is the result of the greed of central banks to make as much money as possible before they have to collapse the system to bring about World Government.
Manufacturing activity in the Federal Reserve Bank of Kansas City’s district improved in November.

ClimateGate: The Silence is Deafening from the Corporate Media

J Speer-Williams 
November 28, 2009

Who said, “Breakin’ news is always bad!”?
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Dutch Environment Minister Jacqueline Cramer.
By now most of us in the alternative media are aware of the some 61 megabytes of global warming research data of emails, documents, and computer code released by whistleblowers (or hackers), that have exposed climate scientists, at the University of East Anglia in Great Britain, as the frauds they’ve proven themselves to be.
This decade of emails and documents clearly concludes that global warming scientists have manipulated scientific data to “hide the decline” in global temperatures; and the fact that, there has been no statistically significant global warming for fifteen years, but our world has experienced a rapid and significant cooling for nine years.
So breath-taking has been this leaked data, to date, it has produced some startling headlines in the alternative media:
(1) Climategate: Greatest Scandal in Modern Science!”
(2) “Climategate? Smoking Gun? Blood in the Water?”
(3) “Global Warming Scientists Seek to Protect Their Government Funding by Corrupting the
Peer-review Process.”

(4) “Climate Bombshell: Hackers {or Whistleblowers] Leak Emails Showing Conspiracy.”
(5) “Email Leaks Turn Up Heat on Global Warming Advocates.”
(6) “Climategate Scientists Caught Red-handed in Monumental Fraud.”
(7) “Bad Scientists? No Criminals!”
Now, these global warming scientists, who have been so severely exposed for the frauds they are, are crying, “Persecution!”. While their own emails prove they have been very busy planning how best to get tenured professors fired, who will not shallow the rotten fish of anthropogenic global warming, how to black-ball them from scientific journals, and prevent them from participating in the peer-review process.
Persecution? No, prosecution in a criminal court of law is what they deserve.
Even Obama’s Climate Czar, John P. Holdren has been exposed, by these emails, for the fraud he is, proving Holdren’s avid global warming advocacy has been more driven by politics than science.

Holdren, Director of the White House Office of Science and Technology Policy, is no stranger to extremist views: In a 1977 book, Holdren co-authored (Ecoscience – Population, Resources, Environment), he campaigned for compulsory abortion, mass sterilization, involuntary infertility, a one-child policy, and global governance.

In another of Holdren’s books (Human Ecology: Problems and Solutions), he even argued that babies were not human beings.
Mr. Holdren, there’s no question babies are human. The real question is are you a human being?
These academic and governments fraudsters, along with their corporate media counterparts, account for the fact that many people have been denied the truth regarding the man-made global warming myths.
The so-called “consensus” establishing the validity of the man-made global warming theories does not exist; the mainstream, corporately owned media merely tell us it does; and, do not expect “our” media to widely broadcast anything about these email exposures; many people will never hear of them.
When caught red-handed in their lies, the corporate media always has but one response: Utter silence, waiting for the smoking gun to cool, and then be forgotten. But if the red-hot pistol doesn’t cool quickly enough, the whole corrupted system of the controlled press goes into over-drive, preparing for a workable gambit: Which is usually their tried and true method of creating controversy, something relatively easy for them to do. And once an issue enters the world of controversy, the Establishment usually wins the info wars of public opinion, because they get the most words, the loudest words, and the last words. And after all, they represent authority.
Trial and error is employed to find the kindling that will ignite the fires of controversy. Usually the first maneuver is tested with some secondary official, from some secondary country, to gage the effectiveness of the ploy. This process has already begun with Dutch Environment Minister Jacqueline Cramer.
Ms. Cramer has claimed that the East Anglia University whistleblowers, or hackers, altered 61 metabytes of computer data before leaking the files, in spite of the fact such a statement, has to date, never been made by the man-made global warming advocates, who wrote it all .
If Ms. Cramer’s allegations gain traction, expect to hear more about how the whistle-blowers falsified the data. We may even hear of innocent people coming to trial, falsely confessing they were the ones who “altered” all the emails, before releasing them. But, with enough mind control, I could be convinced, I was the one who falsified them, even though I know so little about computers, I can hardly use my Apple program to write this sentence.
Ms. Cramer, in her outrage, screamed, “This is just criminal. It’s unacceptable.”
What is acceptable Ms. Cramer, the death of a billion starving people, and the guaranteed poverty of the rest of us, due to the pending Cap and Trade legislation in Washington, and the coming international laws, directives, regulations, and more laws, that will inhibit the farming of food and the means to get it to market, with few of us having enough money to buy food if it were available?
Am I exaggerating? I hope so, but believe not.

ClimateGate is YOUR Fight

Those in the know are fully aware that the mainstream media is nothing more than the propaganda arm of the State. You’re reading this, so you’re probably one of those people. It is so easy to fall into the mental trap that, if you know something, then how can it not be common knowledge? The sheep don’t even know what the carbon tax is, or what’s at stake in Copenhagen. They are completely and utterly clueless.
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Professor Phil Jones, director of the University of East Anglia’s Climatic Research Unit.
For the rest of us, the fight is joined. The globalists have thrown their best punches while we played rope-a-dope. Even before this scandal broke, they were running out of gas. Their gloves were heavy. A global agreement to supposedly cut carbon emissions, if you believed what the media told you (I don’t), was in already in jeopardy prior to the release of the hacked emails. These revelations are a flurry of knockout blows, if only we’re able to break through the media blackout and propaganda protecting these criminals from being fully exposed. The media will not be our ally in this.
The globalists, the eugenicists, are in this for the long haul. All of their eggs are in the climate hoax basket. They’re not going to stop now. Why would they? We all know this was never about climate change in the first place. We knew that they knew that it was the sun driving the climate, and that temperatures haven’t risen in at least ten years. If this were about saving the Earth – if they truly were not evil, just wrong, as the newest documentarynaively suggests – then the climate scientists would’ve packed it in a long time ago.
No, what this is and always was about is an excuse for global government. This they certainly do not deny. Ban Ki-Moon, the UN Secretary General, penned an op-ed in the New York Times last month in which he called for a global government funded by carbon taxes. The new president of the European Union, Herman van Rompuy,  said that 2009 was the first year of global governance, and that the Copenhagen climate conference would be “another step towards the global management of our planet”. In July, Al Gore  spoke at Oxford University and stated that global governance, funded by theWaxman-Markey cap and trade tax which will be voted upon in the Senate within the coming weeks, is necessary for combating “climate change”.
The globalist plan for world government – the elimination of national sovereignty, ie the destruction of the United States of America – must be fully exposed. We know that this scheme is completely unknown to the vast majority of people. Perhaps now that Glenn Beck is finally speaking of this conspiracy, the Fox “News” crowd will get their heads out of their rears and realize it’s not “liberals” behind this, it’s globalists – there are prominent Republicans and so-called conservative leaders pushing this as well. Unfortunately, because Beck and Fox actively promote the left-right paradigm, the establishment will still try to paint the issue as an attack by right wing hacks and special interests.
This story does not belong to the media. It is ours alone. BBC was given these emails a full month before they were leaked on the internet, but refused to report on the story. Did the BBC really believe something so sensational would just disappear for the simple fact that they didn’t report it? Why not report on the story, if only to downplay it and attack climate change skeptics, like every other news outlet has? Who knows.
After laughably claiming that the story spread fast, CNN did its  first story on the scandal a full six days after the emails were leaked. The story repeatedly refers to “the consensus” on climate change and claims the emails contained “little context”. To CNN’s credit, they actually showed their viewers one of the emails, in which a scientist boasts of completing a “trick” to “hide the decline” in the “real temps” since 1961. That’s not a typo – 1961. Objective readers are capable of making their own judgments, but this is an obviously damning admission.
Contrast CNN’s story with other hit pieces such as the Guardian’s, in which “journalist” Mark Lynas laments the “dangerous shift in climate denial strategy”, targeting and unfairly vilifying these infallible and heroic scientists. Al Gore is a politician, you see – he can take it – but these climate change deniers, akin to creationists and 9-11 truthers, have gone too far, making “no distinction between the political and the scientific sphere.” Of course, again, their emails have been taken out of context – they are really nothing more than the private views of the scientists which surely have been left out of their work. Alas, Lynas was insufficiently moved by any sense of journalistic integrity to provide the supposedly out of context emails so his readers could make their own judgment, else his readers would’ve seen that, far from the proponents of climate change themselves being subjected to “personal attacks, exposure of their private lives and vilification”, these proponents cheered the death of skeptics, fantasized about assaulting them, and conspired to deny them funding and suppress their works in peer reviewed journals.
Meanwhile, a new hit piece today from Reuters claims it’s all a “smear campaign” designed “to distract from reasoned debate” about climate change. Again, like the Guardian piece, the emails are said to be taken out of context and “cherry-picked”, with not one direct citation of the emails in question provided to the reader. Instead the article extensively quotes the guilty parties’ lame excuses, and claims that, despite the “science” being decided, it just can’t seem to silence the skeptics. Michael Mann, co-author of the Copenhagen Diagnosis and lead author of the UN IPCC Third Assessment Report and one of the exposed scientists, claims that he and his colleagues “often speak in a language they understand and is often foreign to the outside world.” These Holocaust deniers have cherry-picked the emails and turned “something innocent into something nefarious.” This claim might have been augmented by actually showing the supposed “cherry-picked”, out of context emails, which would’ve shown that, in fact, these scientists speak in plain, coherent English that any 6 year old can comprehend, but again journalistic integrity takes a back seat to demagoguery. Revealing the content of the emails would also show that, far from this being a “sustained” and “vexatious campaign” against the guilty parties, it was the authors of these emails who were responsible for quelling “reasoned debate”, displaying their hostility, in words and actions, towards climate change skeptics.
I wouldn’t even call myself a journalist – I’m just a guy in a room in his boxer briefs – but allow me to do my part to apply journalistic integrity to my own work by citing as many of the emails in question as I can find.
• In one email, dated November 1999, Professor Phil Jones, director of the University of East Anglia’s Climatic Research Unit, wrote: “I’ve just completed Mike’s Nature [the science journal] trick of adding in the real temps to each series for the last 20 years (ie, from 1981 onwards) and from 1961 for Keith’s to hide the decline.” Defenders of Jones have ridiculously tried to pull a Clinton and say “that all depends on what your definition of ‘is’ is,” in reference to the use of the word “trick”, saying it simply refers to a “trick of the trade”, pretending not to notice this “trick” was used to “hide the decline” in “real temps” since 1961. If the Earth is warming, why does he need to hide any decline?
• In another email, Phil Jones calls the sudden death of prominent climate change skeptic John Daly “cheering news!”
• Kevin Trenberth, head of the Climate Analysis Section at the National Center for Atmospheric Research and a lead author of the 2001 and 2007 IPCC Scientific Assessment of Climate Change, penned the following email discussing the BBC’s supposed turn around on climate change:
Well I have my own article on where the heck is global warming? We are asking that here in Boulder where we have broken records the past two days for the coldest days on record. We had 4 inches of snow. The high the last 2 days was below 30F and the normal is 69F, and it smashed the previous records for these days by 10F. The low was about 18F and also a record low, well below the previous record low.
The fact is that we can’t account for the lack of warming at the moment and it is a travesty that we can’t. The CERES data published in the August BAMS 09 supplement on 2008 shows there should be even more warming: but the data are surely wrong. Our observing system is inadequate.
• Tom Wigley, a senior scientist in the Climate and Global Dynamics Division at University Corporation for Atmospheric Research, wrote an email to Phil Jones in which he betrays knowledge of data that would discredit their theories on climate change, saying, “Land warming since 1980 has been twice the ocean warming — and skeptics might claim that this proves that urban warming is real and important.”
• In another email, Phil Jones appears to be instructing fellow scientists to delete incriminating emails subject to FOIA requests:
Can you delete any emails you may have had with Keith re AR4?
Keith will do likewise. He’s not in at the moment – minor family crisis.
Can you also email Gene and get him to do the same? I don’t have his new email address.
We will be getting Caspar to do likewise.
• John Overpeck, director of the Institute of the Environment at University of Arizona, in an email suggests that scientists are aware that their claim that 1998 was the warmest year on record is likely false:
I agree, that we don’t want to be seen as being too clever or defensive. Note however, that all the TAR said was “likely” the warmest in the last 1000 years. Our chapter and figs (including 6.10) make it clear that it is unlikely any multi-decadal period was as warm as the last 50 years. But, that said, I do feel your are right that our team would not have said what the TAR said about 1998, and thus, we should delete that second sentence.
• In another incriminating email, Phil Jones discusses his evident reluctance to hand over information, and suggests sending the requested information just as raw data, which would “annoy” those behind the FOI request:
Options appear to be:
Send them the data
Send them a subset removing station data from some of the countries who made us pay in the normals papers of Hulme et al. (1990s) and also any number that David can remember. This should also omit some other countries like (Australia, NZ, Canada, Antarctica). Also could extract some of the sources that Anders added in (31-38 source codes in J&M 2003). Also should remove many of the early stations that we coded up in the 1980s.
Send them the raw data as is, by reconstructing it from GHCN. How could this be done? Replace all stations where the WMO ID agrees with what is in GHCN. This would be the raw data, but it would annoy them.
• In this email, Michael Mann, Professor and Director of the Earth System Science Center at Penn State, conspires to muffle skepticism about his website Real Climate:
guys, I see that Science has already gone online w/ the new issue, so we put up the RC post. By now, you’ve probably read that nasty McIntyre thing. Apparently, he violated the embargo on his website (I don’t go there personally, but so I’m informed).

Anyway, I wanted you guys to know that you’re free to use RC in any way you think would be helpful. Gavin and I are going to be careful about what comments we screen through, and we’ll be very careful to answer any questions that come up to any extent we can. On the other hand, you might want to visit the thread and post replies yourself. We can hold comments up in the queue and contact you about whether or not you think they should be screened through or not, and if so, any comments you’d like us to include.

You’re also welcome to do a followup guest post, etc. think of RC as a resource that is at your disposal to combat any disinformation put forward by the McIntyres of the world. Just let us know. We’ll use our best discretion to make sure the skeptics dont’get to use the RC comments as a megaphone…
• In another email, Jones admits he will delete data rather than comply with FOI requests to disclose data which would show the basis for their dire warnings about global warming:
Just sent loads of station data to Scott. Make sure he documents everything better this time ! And don’t leave stuff lying around on ftp sites – you never know who is trawling them. The two MMs have been after the CRU station data for years. If they ever hear there is a Freedom of Information Act now in the UK, I think I’ll delete the file rather than send to anyone. Does your similar act in the US force you to respond to enquiries within 20 days? – our does ! The UK works on precedents, so the first request will test it.We also have a data protection act, which I will hide behind. Tom Wigley has sent me a worried email when he heard about it – thought people could ask him for his model code. He has retired officially from UEA so he can hide behind that. IPR should be relevant here, but I can see me getting into an argument with someone at UEA who’ll say we must adhere to it!
• This email from Phil Jones shows that he was warned against deleted emails subject to FOI requests:
Haven’t got a reply from the FOI person here at UEA. So I’m not entirely confident the numbers are correct. One way of checking would be to look on CA, but I’m not doing that. I did get an email from the FOI person here early yesterday to tell me I shouldn’t be deleting emails – unless this was ‘normal’ deleting to keep emails manageable! McIntyre hasn’t paid his £10, so nothing looks likely to happen re his Data Protection Act email.
Anyway requests have been of three types – observational data, paleo data and who made IPCC changes and why. Keith has got all the latter – and there have been at least 4. We made Susan aware of these – all came from David Holland. According to the FOI Commissioner’s Office, IPCC is an international organization, so is above any national FOI. Even if UEA holds anything about IPCC, we are not obliged to pass it on, unless it has anything to do with our core business – and it doesn’t! I’m sounding like Sir Humphrey here!
• Jones seems to fear the Freedom of Information Acts, telling his colleagues, “I’m getting hassled by a couple of people to release the CRU station temperature data. Don’t any of you three tell anybody that the UK has a Freedom of Information Act !”
• Jones figured out how to circumvent those FOI requests:
Wei-Chyung and Tom,
The Climate Audit web site has a new thread on the Jones et al. (1990) paper, with lots of quotes from Keenan. So they may not be going to submit something to Albany. Well may be?!?
Just agreed to review a paper by Ren et al. for JGR. This refers to a paper on urbanization effects in China, which may be in press in J. Climate. I say ‘may be’ as Ren isn’t that clear about this in the text, references and responses to earlier reviews. Have requested JGR get a copy a copy of this in order to do the review.In the meantime attaching this paper by Ren et al. on urbanization at two sites in China.Nothing much else to say except:
1. Think I’ve managed to persuade UEA to ignore all further FOIA requests if the people have anything to do with Climate Audit
2. Had an email from David Jones of BMRC, Melbourne. He said they are ignoring anybody who has dealings with CA, as there are threads on it about Australian sites.
3. CA is in dispute with IPCC (Susan Solomon and Martin Manning) about the availability of the responses to reviewer’s at the various stages of the AR4 drafts. They are most interested here re Ch 6 on paleo.
• And another from Jones, also regarding suppressing FOI requests:
When the FOI requests began here, the FOI person said we had to abide by the requests. It took a couple of half hour sessions – one at a screen, to convince them otherwise showing them what CA was all about. Once they became aware of the types of people we were dealing with, everyone at UEA (in the registry and in the Environmental Sciences school – the head of school and a few others) became very supportive. I’ve got to know the FOI person quite well and the Chief Librarian – who deals with appeals. The VC is also aware of what is going on.
• Apparently the FOI doesn’t apply to climate change skeptics who want to see where these quacks are getting their whacko theories from. Another email from Tom Wigley to Phil Jones conspires to minimize data to exaggerate a warming trend:
Here are some speculations on correcting SSTs to partly explain the 1940s warming blip. If you look at the attached plot you will see that the land also shows the 1940s blip (as I’m sure you know).So, if we could reduce the ocean blip by, say, 0.15 degC, then this would be significant for the global mean – but we’d still have to explain the land blip. I’ve chosen 0.15 here deliberately. This still leaves an ocean blip, and i think one needs to have some form of ocean blip to explain the land blip (via either some common forcing, or ocean forcing land, or vice versa, or all of these). When you look at other blips, the land blips are 1.5 to 2 times (roughly) the ocean blips—higher sensitivity plus thermal inertia effects. My 0.15 adjustment leaves things consistent with this, so you can see where I am coming from.Removing ENSO does not affect this.It would be good to remove at least part of the 1940s blip, but we are still left with “why the blip”.Let me go further. If you look at NH vs SH and the aerosol effect (qualitatively or with MAGICC) then with a reduced ocean blip we get continuous warming in the SH, and a cooling in the NH—just as one would expect with mainly NH aerosols.The other interesting thing is (as Foukal et al. note – from MAGICC) that the 1910-40 warming cannot be solar. The Sun can get at most 10% of this with Wang et al solar, less with Foukal solar. So this may well be NADW, as Sarah and I noted in 1987 (and also Schlesinger later). A reduced SST blip in the 1940s makes the 1910-40 warming larger than the SH (which it currently is not)—but not really enough.So … why was the SH so cold around 1910? Another SST problem? (SH/NH data also attached.)This stuff is in a report I am writing for EPRI, so I’d appreciate any comments you (and Ben) might have.Tom.
• This email from Phil Jones to Michael Mann shows a conspiracy to keep skeptics Chris de Freitas and Roger Pielke out of the IPCC report:
The other paper by MM is just garbage – as you knew. De Freitas again. Pielke is also losing all credibility as well by replying to the mad Finn as well – frequently as I see it. I can’t see either of these papers being in the next IPCC report. K and I will keep them out somehow – even if we have to redefine what the peer-review literature is !
• In another email, Benjamin Santer, climate researcher at Lawrence Livermore National Laboratory and lead author of the IPCC, said, “Next time I see (CATO Institute climate change skeptic) Pat Michaels at a scientific meeting, I’ll be tempted to beat the crap out of him. Very tempted.”
• Source: Austrailia Herald Sun
You can draw your own conclusions from these emails, and decide for yourself whether they are cherry-picked and taken out of context, and whether it is the proponents being vilified by the skeptics or vice-versa. It’s clear that if this were a “smear campaign”, if they were taken out of context, the media would not be so loathe to provide them in context with their own lies regarding what is said in them. As usual, you must do your own research, and it is up to you to push this into the public eye.
Most Americans don’t even know about the carbon tax, and many of them, even if they’re skeptical that man is behind global warming, are unaware that if there ever was global warming, it ended at least 10 years ago and the Earth has been cooling for several years, driven by a startling lack of solar activity. They must be made aware, and they must have a fire lit under the backsides, to understand that they cannot sit around unaware and uncaring of current events. The carbon tax is a pretext to global government, which is a pretext to depopulation – genocide. This is no longer about being “into politics”. It’s survival. Push for an aggressive congressional investigation. Write to your local newspaper. Call in to talk radio. Motivate others to do the same. The media will not drive this story. In fact they will do everything in their power to suppress it. Despite their deteriorating credibility, they still wield incredible influence over the masses – in this case simply by refusing to inform the public of a scandal related to an issue that affects us all. This is our fight. Squad up.