Archive for the ‘Hennessy’ Category

I must say I have about had it with lying progressives on the left, their willing accomplices on the right, and their obedient lap-dogs in the “mainstream” media in placing this recession at former President Bush’s feet.

Let’s be clear. That claim is a big steaming pile of something you don’t want to step in.

George Walker Bush was elected our 43rd President November 7, 2000 and inaugurated January 20, 2001. His tax policies caused the recession (a mild one to be sure) he inherited from Clinton to reverse itself. By mid-term of his second term (2006), we were pretty “flush” financially. I don’t know about anyone reading this, but MY investments were sailing along just fine.

But, the liberal/progressive wing of the Democrat Party convinced “we the people” that despite our seeming economic prosperity, we were “mired in an unwinable war in Iraq” ~~ a war that we just happened to be winning, DESPITE the obstruction of the left ~~ and that we needed “a change”. Well, a “change” is exactly what we got…mind you, it wasn’t a change for the better…not by a long shot. The newly elected Congress, with both Houses being controlled by Democrats took their seats in January of 2007 (elected in November of 2006).

Here’s where it gets tricky…follow this very closely. CONGRESS controls the pursestrings of the US Budget through the end of September of 2007, we were still operating under a Republican budget (the budget cycle runs from October 1 – September 30). In that year the Dow Jones Industrials hit its historical high of 14,164 (October 9, 2007).

After ONE year of Progressive (socialist) Democrat fiscal policy (October 10, 2008), the DJI was at 8,451 (clue time – that’s a destruction of 40% of the wealth in the country). Five months later (March 6, 2009) it was at 6,627 (that’s a further erosion of 22% in FIVE MONTHS and a total loss of over 53% in less than 18 months). During this same period, the mortgage scandal rocked the country and was largely to blame for the woes in the DJI.

Now, here’s where it gets good.

Who was it that had been warning us about the inevitable housing collapse and the need for more regulation and oversight on at least 5 differnent occassions since 2003? Who TOLD us the housing sector was going to blow up in our faces were steps not taken to reign in Fannie & Freddie?

George W. Bush.

Who joined him in those warnings in 2005?

John McCain.

When did the mortgage troubles start?

In the mid-70s during Carter’s administration (Community Reinvestment Act)

Whose policies exacerbated the Banking/Mortgage sector by forcing banks to give mortgages to people who had absolutely no ability to repay those loans, promising that Fannie & Freddie would buy the “bad paper” from them?

Bill Clinton’s

Who took his seat as a newly elected Senator in January of 2007?

Barack Hussein Obama.

Who obstructed President Bush on reform/regulation, every step of the way while they were in the minority for the first 6 years of GW Bush’s Presidency?

Liberal/Progressive Democrats Harry Reid, Nancy Pelosi, Barney Frank, Kent Conrad, Chuck Schumer, Chris Dodd & last but certainly not least, Barack Hussein Obama.

I should add, there were a handful of Republicans in there, too led by Arlen Specter.

Who continued to poo-poo the CLEAR warning signs of impending disaster, telling us all along that “things are just fine” through 2007 after they took control of both Houses of Congress?

Yup, the liberal/Progressive Democrats led chiefly by Barney Frank, Chris Dodd and Kent Conrad and the same handful of Republicans.

NOW, who is attempting to lay the blame for the economic woes we now suffer at the feet of George W. Bush?

The very same liberals/progressives in Congress who actually brought this fiasco to bear, including the sitting President ~~ Barack Hussein Obama.

I know that I’m going to catch hell from those who are enamored with and awestruck by Obama because the DJI is back over 10,000. For those simple-minded people who are obviously not paying attention, I offer the following.

About a year ago, our money supply consisted of roughly $800 billion dollars (the total number of dollars actually circulating in our economy). To “revitalize” and “stimulate” the economy, the Federal Reserve was directed to print a TRILLION dollars and injected it into circulation, effectively devaluing the dollar by 120%.

Would you like to know what a trillion dollars looks like? Click the following link.

http://www.pagetutor.com/trillion/index.html ~~ That’s 50 pallets x 100 pallets, stacked 2 high. But, I digress…back to the topic at hand.

This means that each dollar you had last year is now worth roughly 45¢. This also means the 10,000 Dow is really closer to 4500 in real value in last year’s dollars. The sad reality is that, since its inception in 1913, the Federal Reserve has devalued our dollar by over 97%. That means that what costs you a dollar today, would have cost you less than THREE CENTS in 1913.

Obama ~~ or as the Administrator of this site rightly calls him, Obastard ~~ is selling us down the river and doesn’t give a rosy rat’s rear-end WHAT we think of him. He is a Liberal Progressive, cut from the same cloth as Woodrow Wilson, FDR, & LBJ, and despises America. “We the People”, according to the Founders, have the DUTY to throw off the chains of tyranny if/when the government becomes oppressive, restricting the God-given liberties of the people.

I can only ask, “What’s taking so long?”

Before pursuing socio-economic changes, due to the somewhat specious argument that humanity is the chief cause of Global Climate Change (GCC), an analysis for reducing man made CO2 must be done. The reason for this is because the worst offenders (India, China, sub-Saharan Africa, etc), according to the Kyoto Protocol (KP), are required to do little, if anything, to reduce their CO2 levels. The United States is a carbon sink, but would be required by KP to spend TRILLIONS on a problem to which it is a net non-contributor.

The analysis must include:

- Irrefutable scientific proof that human activity, rather than solar output, is causing Global Climate Change

- The percentage of Global Warming/Cooling (GW/C) attributable to human activity.

- Scientific study showing X% reduction CO2 will result in Y% reduction of the rate of GCC.

- The cost in USD / % reduction of CO2

- Necessary technologies for achieving said reduction including:

  – the costs of R&D,

  – manufacturing,

  – distributing,

  – installing,

  – operating and maintaining those technologies,

  – source(s) of funding and any negative environmental effects thereof.

- Economic impacts of the technologies on the nations’ people, businesses, and governments.

- Cost of minimizing natural changes in “greenhouse gas” levels to maintain target GCC rate.

- Cost/benefit ratio for entire process and arguments against spending resources preparing for the inevitable, rather than trying to stop the unstoppable.

Before the GCC propagandists (GCCPs) distract us, we must realize a few things about our atmosphere. First and foremost is how much each of the Greenhouse Gases (GG) contribute to the Greenhouse Effect (GE). We must also ask the most glaring question – Just how much of the GE is caused by human activity? The answer? “NOT MUCH”.

When not adjusted for the Water Vapor (WV) in our atmosphere, CO2 accounts for 73.4% of the GE. Methane accounts for 7.1%, Nitrous Oxide adds another 19%, CFCs and other misc. gases comprise 1.4%

Again, this is NOT accounting for the major GG – Water Vapor.

Once WV is added to the mix, the percentages drop to insignificant, approaching comedic, levels. You see, WV accounts for 95% of the total GE and it cannot be ignored. When adjusted for WV, CO2 suddenly accounts for 3.6% of the GE. Methane, Nitrous Oxide and the other misc. gases account for 0.36%, 0.95% and 0.072% respectively.

To further exacerbate the GCCPs, we must also realize the vast majority of GGs occur naturally. Humanity accounts for 0.001% of WV, 3.325% of CO2, 18.338% of Methane, 4.933% of N2O, and 65.711% of the other offending gases. Those percentages seem high, but you have to remember all of them combined (man-made and natural sources) comprises FIVE percent of the GE. Water Vapor, almost all of which is natural in origin accounts for 95% of the GE.

To answer the question that preceded this lengthy explanation, humanity accounts for roughly 0.28% of the Greenhouse effect, if WV is taken into account. That figure rises to a mere 5.53% if one does not.

Information for the above found here:

http://www.geocraft.com/WVFossils/greenhouse_data.html

To further complicate the GCCPs stance on this subject, we must remember that 35 years ago in the mid-1970s the experts had the following to say on global COOLING:

“We have about five more years at the outside to do something,”

    a.. ecologist Kenneth Watt April 19, 1970.
Hmmm…that one sounds familiar.

“the world has 10 years or less to turn things around before it is too late”

Al Gore, concerning global warming/climate change – July 2008

But, let’s get back to the 1970s, shall we?

“Civilization will end within 15 or 30 years unless immediate action is taken against problems facing mankind.”

- Harvard biologist George Wald, 1970.

“Man must stop pollution and conserve his resources, not merely to enhance existence but to save the race from intolerable deterioration and possible extinction.”

- New York Times editorial page, 1970.

“If present trends continue, the world will be about four degrees colder in 1990, but eleven degrees colder by the year 2000. This is about twice what it would take to put us in an ice age.”

- University of California, Davis Prof. Kenneth Watt.

Earth is warmer because solar output is higher than it was 35 years ago, not because of anything humanity has done, or CAN DO.

In fact, Dr. Roy Spencer, who made his career studying climate for NASA states, “Were it not for weather, the natural greenhouse effect would cause the surface of the Earth to average 140 degrees.”

  http://www.reason.com/blog/printer/118878.html

The reason for this, according to Dr. Spencer is our weather patterns short-circuit the GE. Funny how we never hear about that.

In conclusion, and I’ve only begun to scratch the surface, Global Warming/Cooling and Anthropogenic (Manmade) Climate Change are nothing more than a group of people trying to get rich by scaring the masses. They are aided and abetted by those in the liberal mainstream media.

When Mr. Gore figures out a way to put a dimmer switch on the Sun then, and ONLY then, can we talk about humanity’s affect on Earth’s climate. Until that comes to pass, I invite Mr. Gore to sit down, shut the heck up, and quit perpetuating the grand daddy of all hoaxes upon humanity.

So, what’s the skinny on Global Warming/Climate change? Only that the argument is so thin, it’s anorexic.

Dan Hennessy resides in Grand Forks, ND and has been studying the dynamic in the hysteria perpetuated by the Climate Change Propaganda Machine for 5 years.