A couple of economic notes and an environmental question.
On the econ side, unemployment. The Mercatus Center explains our current unemployment situation and why the “official number” is a feel-good fantasy:
In case you missed it, the real unemployment rate is in the 11% range. Also note that before the recession, we were at around 9%. We’re certainly doing better but why they continue to publish misleading numbers on the unemployment front is a mystery … oh, politics. Never mind.
It’s better to be lied to and feel good about it than to know the truth.
Also, as a followup, the $15 minimum wage in SF and Seattle continues to take victims. While neither has fully implemented the wage at present, its enough to push business owners into making decisions which are unlikely the intended consequence of the wage raise. We told you about Borderland Books in SF. Here’s an example from Seattle:
Cascade Designs, an outdoor recreational gear manufacturing company based in Seattle, announced it is moving 100 jobs (20% of the workforce) later this year to a new plant it is leasing near Reno, Nevada. The company has offered some employees positions in Reno, but others must reapply.
Founder John Burroughs and Vice Chair David Burroughs blamed Seattle’s new $15 minimum wage, indicating it “nudged them into action.” According to the owners, Seattle’s new minimum wage would “eventually add up to a few million dollars a year.”
Once established in Reno, you may see further moves. And:
The San Francisco Eater, a local publication following the city’s restaurant scene, predicts that the impact of the $15 minimum will likely lead many restaurants to close their doors this year. Abbot’s Cellar and Luna Park, popular locally owned restaurants, already made the decision to shut down. The owners both blamed the $15 minimum wage.
What’s $15 times zero?
Finally on the enviro front, where’s the outrage? From CATO:
Nicaragua’s plan to build an Interoceanic Canal that would rival the Panama Canal could be a major environmental disaster if it goes forward. That’s the assessment of Axel Meyer and Jorge Huete-Pérez, two scientists familiar with the project, in a recent article in Nature. Disturbingly, the authors point out,
“No economic or environmental feasibility studies have yet been revealed to the public. Nicaragua has not solicited its own environmental impact assessment and will rely instead on a study commissioned by the HKND [The Hong Kong-based company that has the concession to build the canal]. The company has no obligation to reveal the results to the Nicaraguan public.”
In recent weeks we have seen similar opinions aired in the Washington Post, Wired, The Economist, and other media. In their article, Meyer and Huete-Pérez explain how the $50-billion project (more than four times Nicaragua’s GDP), would require “The excavation of hundreds of kilometres from coast to coast, traversing Lake Nicaragua, the largest drinking-water reservoir in the region, [and] will destroy around 400,000 hectares of rainforests and wetlands.” So far, the Nicaraguan government has remained mum about the environmental impact of the project. Daniel Ortega, the country’s president, only said last year that “some trees have to be removed.”
Some trees?! Where are the enviros whackos on this?
Interestingly, despite this potential massive threat to one of the most pristine environmental reservoirs in the Americas, none of the leading international environmental organizations, such as Greenpeace, Friends of the Earth or the Sierra Club, has issued a single statement about the Nicaragua Canal.
We know for a fact that this is not out of lack of interest in Central America. After all, some of these organizations were pretty vocal in their opposition to CAFTA. Why isn’t the Nicaragua Canal proposal commanding the attention of these international environmental groups?
Why? Because as Insty points out, “commies get a pass” on this sort of thing.
He’s been called a “scientist” for years, but his training is in industrial engineering. He’s about as much a climate scientist as I am. However, we’ve been constantly told that he and the IPCC speak for “science” when it comes to “climate change”.
Well, today he stepped down, submitting his resignation amid allegations of sexual harrassment.
I’m talking about Rajendra Kumar Pachauri, of course. Head of the IPCC that has published scare warnings for years, few if any of which have come true.
So why is an industrial engineer seen as some sort of an authority on climate?
Well it’s not because of his academic credentials, that’s for sure. Instead, its for his leftist credentials:
‘For me the protection of Planet Earth, the survival of all species and sustainability of our ecosystems is more than a mission. It is my religion and my dharma.’
In other words, his “science” is faith based.
And, the left says we should take him seriously … because, you know, “the science is settled”.
‘One of the most powerful religions in the Western World is environmentalism. Environmentalism seems to be the religion of choice for urban atheists.’
Anyone – do you really believe an actual climate scientist will be recruited to fill the job?
It appears as the climate alarmists and our political betters pursue global warming (with the “big meeting” in December of this year), some scientists are much more concerned about global cooling.
Why? Uh, the Sun?
“The main driver of all weather and climate, the entity which occupies 99.86% of all of the mass in our solar system, the great ball of fire in the sky – has gone quiet again during what is likely to be the weakest sunspot cycle in more than a century,” echoes vencoreweather.com. “Not since cycle 14 peaked in February 1906 has there been a solar cycle with fewer sunspots. We are currently more than six years into Solar Cycle 24 and today the sun is virtually spotless despite the fact that we are still in what is considered to be its solar maximum phase.”
“There have been two notable historical periods with decades-long episodes of low solar activity,” continues vencoreweather.com. “The first period is known as the “Maunder Minimum”, named after the solar astronomer Edward Maunder, and it lasted from around 1645 to 1715. The second one is referred to as the “Dalton Minimum”, named for the English meteorologist John Dalton, and it lasted from about 1790 to 1830.
“Both of these historical periods coincided with below-normal global temperatures in an era now referred to by many as the “Little Ice Age”.
“If this trend continues for the next couple of cycles, then there would likely be more talk of another “grand minimum” for the sun.”
This, of course, will be roundly ignored in December when the “world” meets to decide on how to address …
global warming climate change. Because the conclusion has been determined before the meeting. The meeting is about how much to charge you for fixing this nonexistent problem and how to divide up the loot.
More subjects than one can conveniently throw a stick at … so we’ll throw several sticks.
Have you seen the latest Brookings Institute poll on Obama’s “greatness” as a President? It is interesting. They decided to poll the American Political Science Association. Their “consensus”?
First, President Obama ranks 18th overall, but beneath the surface of the aggregate figures lurks evidence of significant ambivalence. For example, those who view Obama as one of the worst American presidents outnumber those who view him as one of the best by nearly a 3-1 margin. Similarly, nearly twice as many respondents view Obama as over-rated than do those who consider him under-rated.
Well there you go. Even a liberal leaning think tank polling liberal leaning academics can’t manage to put lipstick on a pig. 18th overall? Hilarious.
Remember we were told that Iraq was “poorly thought out” and that “armed intervention” was a mistake?
Wouldn’t it be interesting if someone applied the same standard to Libya? Yesterday we got to see what some of the result of that awful decision when 21 Coptic Christians were beheaded by ISIS. And the White House reaction?
The United States condemns the despicable and cowardly murder of twenty-one Egyptian citizens in Libya by ISIL-affiliated terrorists.
Can’t even get up the gumption to identify who the “Egyptians citizens” were. They weren’t beheaded for being Egyptians, folks.
We call on all Libyans to strongly reject this and all acts of terrorism and to unite in the face of this shared and growing threat. We continue to strongly support the efforts of the United Nations Special Representative of the Secretary-General Bernardino Leon to facilitate formation of a national unity government and help foster a political solution in Libya.
Because, you know, Obama and the boys kind of broke the last government.
Meanwhile in Oregon, the Democratic governor resigns in disgrace, a victim of corruption in the “green energy” field.
It is a safe bet that Kitzhaber’s implosion has sent the rest of the nation’s Democratic governors, and even a few officeholders in Washington, scrambling to review their affairs. It is the very nature of green energy that its unprofitability ensures that it is only viable in the marketplace if it is subsidized at taxpayer expense. The political class’ favorability toward clean energy and the media’s deference to the project of green technology have created the perfect conditions where corruption can thrive.
Leftist billionaire Tom Steyer is deeply implicated in all of this. I wonder if he’ll get the “Koch brothers” treatment by the media.
You can read on when you stop laughing hysterically.
Oh, and here’s another in a long line of damning reports about ObamaCare.
On another subject, I’m old enough to remember friends crippled by polio and the “iron lung”:
“We are at a stage where people have no memory of just how dangerous pathogens used to be. There is no visceral fear of viruses and bacteria. Children in wheelchairs as a result of polio are a thing of the past because the United States has been polio free since 1979 as a result of vaccines. The only people I’ve ever met who were hobbled by damage from polio were older than me. . . . I do not expect an innumerate and unscientific public to become more trusting of medical organizations that support vaccination. In some communities herd immunity has already been lost and it will be lost in more other communities. This trend will continue until an old disease comes sweeping thru and racks up lots of damage and fatalities.”
On the other hand, the government has reported for 40 years that cholesterol was going to kill us and then, recently said, “never mind”. But they still want us to believe their science about “global warming”. That said, one small pox plague and I’d bet everything would change. Its hard to be fearful when you’ve never had to live with the results of awful afflictions like polio. I remember that being the greatest fear of many parents. Now, well, now they don’t even give it a second thought. That’s because of a vaccination, for heaven sake. Same with small pox. But then anti-vaxxers are using the same sort of science that warming alarmists do, so you shouldn’t be particularly surprised.
Meanwhile in Wisconsin (not surprisingly, Madison, WI) 30 homes were spray painted with anti-Semitic graffiti. My guess is the White House would characterize the act as “a random act by some juvenile delinquents”. I’m still in awe of the spineless characterization of the victims in the Kosher Deli in Paris as some “folks” in a random incident. But then, this is the same administration that for years characterized the Ft. Hood shootings as “workplace violence”, so it really isn’t a big surprise. Back in Madison, don’t even begin to believe that the vandalism will ever be classified as a hate crime. That is reserved for favored minorities only.
Graeme Wood (read the whole thing) lays the wood to the cowardly among us who can’t find it in themselves to identify the enemy and the enemy’s foundation:
The reality is that the Islamic State is Islamic. Very Islamic. Yes, it has attracted psychopaths and adventure seekers, drawn largely from the disaffected populations of the Middle East and Europe. But the religion preached by its most ardent followers derives from coherent and even learned interpretations of Islam.
Virtually every major decision and law promulgated by the Islamic State adheres to what it calls, in its press and pronouncements, and on its billboards, license plates, stationery, and coins, “the Prophetic methodology,” which means following the prophecy and example of Muhammad, in punctilious detail. Muslims can reject the Islamic State; nearly all do. But pretending that it isn’t actually a religious, millenarian group, with theology that must be understood to be combatted, has already led the United States to underestimate it and back foolish schemes to counter it. We’ll need to get acquainted with the Islamic State’s intellectual genealogy if we are to react in a way that will not strengthen it, but instead help it self-immolate in its own excessive zeal.
Meanwhile, at the State Department and White House …
The idiocy continues on all sorts of fronts. A few things that caught my eye. David Axlerod’s autobiography and his expectations:
“More than anything, this is what’s terrible about modern media and how these books roll out,” Axelrod says. “I was determined to write a book that wasn’t going to be characterized by some titillating nugget that had about a three-day half-life, but rather an entire story of my life and the conclusions that life has led me to. I wanted to write a book that people might want to read years from now and not just today’s publication because they wanted to find out who had been knifing who.”
A lovely sentiment. But Axelrod, who likes to think of himself as a real-world idealist, surely knew not to get his hopes up.
Oh balderdash. Axelrod is about as calculating a political hack as one can find. To assume he was so naive or stupid to believe his book would be treated any other way is irony on steroids. The only thing interesting about the man at all are the political secrets he may reveal. I got a good laugh out of his disappointment.
Under the sarcastic title of “wow, I’d have never guessed this … ” we find:
A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin’s inner circle.
Look, those guys learned how to successfully co-opt liberal left anti-war groups ages ago. This is just the updated effort. Why this would surprise anyone is a mystery to me. And, of course, it’s the big names of the movement – Sierra Club, the Natural Resource Defense Council, Food and Water Watch, the League of Conservation Voters, and the Center for American Progress. Bought and paid for … by evil oil.
Irony … it’s just lost on the left.
Under the title of “when bureaucrats get huffy”, things got a little testy in a Congressional hearing yesterday with the newest VA Secretary. Apparently he’s not used to having his competence questioned:
The fracas started when Coffman criticized the VA for citing its effort to defend cost and time overruns at a Denver hospital projects as a major accomplishment.
“How is that a success?”
[Rep. Mike] Coffman [(R-Colo.)] asked. “You lost that case on every single point for the hospital in my district that is hundreds of millions of dollars over budget and years behind schedule.”
“I think that that’s just characteristic of your glossing over the extraordinary problems confronted by your department,” Coffman added. “This is a department mired in bureaucratic incompetence and corruption. And I gotta tell you, I think the public relations is great today, but there’s no substance.”
McDonald said he was offended by those remarks, and then dodged the question and tried to shift the blame to Coffman and others in Congress.
“Actually, I’ve been here six months,” McDonald said to Coffman. “You’ve been here longer than I have. If there’s a problem in Denver, I think you own it more than I do.”
Really … because Coffman has what to do with running the VA project in question? After all the failure of the past 6 years, that’s just what you need, an egoistic, thin-skinned nincompoop at the head of the VA. McDonald followed that little jewel up by showing he knew nothing about the person he was insulting:
… McDonald ended by barking at Coffman, “I’ve run a large company, sir. What have you done?”
Well, as it happens, Mike Coffman is a combat veteran who started his own company, and is the only member of Congress to have served in both Iraq wars. And as it happens, Secretary McDonald is an ass, just like the head of the IRS, just like our Attorney General, just like … yes, it’s the culture and climate that has evolved within this administration and it all goes directly to the head of it all … our snarky, sarcastic and disrespectful president.
Btw, in my estimation, McDonald ended up looking like a fool, something he richly deserved.
Instead of hurling insults, McDonald should be interested in actually doing something useful. Like his job:
The Department of Veterans Affairs’ vast health network — beset by a scandal last year over delayed care — has been listed as a high-risk federal program by congressional auditors for the first time.
The report by the watchdog Government Accountability Office, which is issued every two years, includes a broad indictment of the $55.5 billion VA program, one of the nation’s largest health care systems. USA TODAY obtained the VA section of the report, scheduled for release Wednesday.
And this goob, like most of the administration, is trying to lay off any blame. It’s a perfect example of an ossified bureaucracy that is more than incompetent, it’s lethal.
Finally, for those of you who like strolling down the memory lane of climate alarmist predictions, there’s a website up dedicated to reminding us again how wrong they’ve all been:
A senior environmental official at the United Nations, Noel Brown, says entire nations could be wiped off the face of the earth by rising sea levels if global warming is not reversed by the year 2000.
San Jose Mercury News 30 Jun 1989
Ah, yes, the good old days.
That’s what Christopher Booker contends:
Of much more serious significance, however, is the way this wholesale manipulation of the official temperature record – for reasons GHCN and Giss have never plausibly explained – has become the real elephant in the room of the greatest and most costly scare the world has known. This really does begin to look like one of the greatest scientific scandals of all time.
The manipulation of data (a nice way of saying changing the numbers to fit the premise) is the scandal.
Two weeks ago, under the headline “How we are being tricked by flawed data on global warming”, I wrote about Paul Homewood, who, on his Notalotofpeopleknowthat blog, had checked the published temperature graphs for three weather stations in Paraguay against the temperatures that had originally been recorded. In each instance, the actual trend of 60 years of data had been dramatically reversed, so that a cooling trend was changed to one that showed a marked warming.
This was only the latest of many examples of a practice long recognised by expert observers around the world – one that raises an ever larger question mark over the entire official surface-temperature record.
Yeah, yeah, say the alarmists. Three whole weather stations. Get real!
Following my last article, Homewood checked a swathe of other South American weather stations around the original three. In each case he found the same suspicious one-way “adjustments”. First these were made by the US government’s Global Historical Climate Network (GHCN). They were then amplified by two of the main official surface records, the Goddard Institute for Space Studies (Giss) and the National Climate Data Center (NCDC), which use the warming trends to estimate temperatures across the vast regions of the Earth where no measurements are taken. Yet these are the very records on which scientists and politicians rely for their belief in “global warming”.
Homewood has now turned his attention to the weather stations across much of the Arctic, between Canada (51 degrees W) and the heart of Siberia (87 degrees E). Again, in nearly every case, the same one-way adjustments have been made, to show warming up to 1 degree C or more higher than was indicated by the data that was actually recorded. This has surprised no one more than Traust Jonsson, who was long in charge of climate research for the Iceland met office (and with whom Homewood has been in touch). Jonsson was amazed to see how the new version completely “disappears” Iceland’s “sea ice years” around 1970, when a period of extreme cooling almost devastated his country’s economy.
And, of course, if one needs more proof, they need only look at the predictions gone horribly wrong on all the computer simulations which were based on these unscientific and fully fudged numbers. But you have to admire the audacity of those who will fudge numbers to match a “theory” when reality (ie Iceland) wasn’t anything like they pretend. Garbage in, garbage out.
This is something the scientific community needs to confront and confront now – if it hopes to retain a shred of credibility and integrity. This sort of agenda driven political manipulation is both unacceptable and unscientific.
Here’s Dave Barton disputing someone who contends Booker is wrong. He puts a number to the difference:
Christopher Booker thinks NOAA is distorting global land temperature data to inflate reported global warming, and fan the flames of climate alarmism.
Dr. Kevin Cowtan contends Booker is wrong. Dr. Cowtan trusts that NOAA’s adjustments are justified and correct, and he also says they are too minor to be questionable. “Why would they do that?” he asks at the end of his video, meaning why would anyone commit fraud for an inconsequential difference in the result?
I don’t know with certainty whether or not NOAA’s adjustments are all justified and correct, but I found Dr. Cowtan’s argument unpersuasive, for two reasons.
The first reason is that he’s assuming that fraudulent intent is the only possible explanation for biased results, but it isn’t. If the results are biased to exaggerate warming, it could also be due to confirmation bias or other error, by people with the best of intentions.
However, Dr. Cowtan’s argument also depends on the adjustments being inconsequential, and they are not. I digitized the endpoints of one of Dr. Cowtan’s graphs using WebPlotDigitizerand found that his own analysis proves NOAA’s adjustments are far from inconsequential. By comparing the adjusted and unadjusted versions of Dr. Cowtan’s graphs of globally averaged land surface temperatures, I found that NOAA’s adjustments increased the reported warming by 35%.
35% is not inconsequential.
No. 35% is not “inconsequential”.
The “this”? Keystone XL pipeline. Why is the president at all involved in this decision? Why is he threatening a veto if the Republican Congress passes a bill authorizing it?
The nation’s pipelines are a transportation system. Pipelines enable the safe movement of extraordinary quantities of energy products to industry and consumers, literally fueling our economy and way of life. The arteries of the Nation’s energy infrastructure, as well as one of the safest and least costly ways to transport energy products, our oil and gas pipelines provide the resources needed for national defense, heat and cool our homes, generate power for business and fuel an unparalleled transportation system.
The nation’s more than 2.6 million miles of pipelines safely deliver trillions of cubic feet of natural gas and hundreds of billions of ton/miles of liquid petroleum products each year. They are essential: the volumes of energy products they move are well beyond the capacity of other forms of transportation. It would take a constant line of tanker trucks, about 750 per day, loading up and moving out every two minutes, 24 hours a day, seven days a week, to move the volume of even a modest pipeline. The railroad-equivalent of this single pipeline would be a train of 75 2,000-barrel tank rail cars everyday.
Pipeline systems are the safest means to move these products.
The source? The Pipeline and Hazardous Materials Safety Administration of the Department of Transportation. Yes, that’s right, the US government. Executive branch.
Note the facts – 2.6 million miles of pipeline safely moving petroleum products 24/7. Look at would be required without them.
Oh, wait, look what’s required without Keystone – trucking and railcars, of course. And who has a major stake in those operations continuing? You know how this works … follow the money.
Can you say “cronyism”?
Sure you can.
The most “transparent administration”, ever!
Btw, GOP … make his veto it or forever be held as the cowards most think you are (after all, you didn’t even have the courage to dump Boehner).
We’ve seen it any number of times. Whenever there is a weather event, well, the true believers come out of the woodwork to declare it to be the “worst” in umpteen thousand years and, of course, caused by man. The “Chicken Little” contingent never looks for a more reasonable or scientific explanation, they’ve got their models and their junk science and that’s all they need. So when California went into a state of extreme drought, what was the claim? Yup, it was caused by man and his emissions.
One problem with the claim – it’s just not true:
Natural weather patterns, not man-made global warming, are causing the historic drought parching California, says a study out Monday from federal scientists.
“It’s important to note that California’s drought, while extreme, is not an uncommon occurrence for the state,” said Richard Seager, the report’s lead author and professor with Columbia University’s Lamont Doherty Earth Observatory. The report was sponsored by the National Oceanic and Atmospheric Administration. The report did not appear in a peer-reviewed journal but was reviewed by other NOAA scientists.
“In fact, multiyear droughts appear regularly in the state’s climate record, and it’s a safe bet that a similar event will happen again,” he said.
History! Go figure. “Not uncommon”.
Not only that, but this important point:
The persistent weather pattern over the past several years has featured a warm, dry ridge of high pressure over the eastern north Pacific Ocean and western North America. Such high-pressure ridges prevent clouds from forming and precipitation from falling.
The study notes that this ridge — which has resulted in decreased rain and snowfall since 2011 — is almost opposite to what computer models predict would result from human-caused climate change.
“Almost the opposite of what the computer models predict.” There’s a surprise.
And the dissenters?
“The authors of the new report would really have us believe that is merely a coincidence and has nothing to do with the impact of human-caused climate change?” Penn State meteorologist Michael Mann wrote Monday in The Huffington Post. “Frankly, I don’t find that even remotely plausible.”
This, coming from the discredited author of the hockey stick effect and a false claim of a Nobel prize is something we should even consider? His dissent is more “plausible” than the findings of the study? Yeah, not really. Weather is weather. Someone should clue Mann into how it works.
While the NOAA study easily refutes the alarmist claim, NOAA, being a government agency, isn’t immune to pushing the AGW myth itself, at least a little:
The NOAA report says midwinter precipitation is projected to increase because of human-caused climate change over most of the state. Seager said a low-pressure system, not a high-pressure system, would probably form off the California coast because of climate change.
Low pressure creates clouds and precipitation.
Yes, you see, “human-caused climate change” is now regional … er, global. Tell me again how that high pressure ridge came to be there? Oh, nevermind. And note, even if you want to believe in AGW, in this case, it would actually be a “good thing”. Oh, bother.
Concerning “climate change” and Obama’s “deal” with China, Roger L. Simon nails it:
1. Most Americans don’t think Obama tells the truth about anything, let alone something as controversial as climate. They just made that clear by voting him down in about 237 elections, if you believe Obama’s own assertion that his own policies were on trial.
2. No one really knows if “climate change” exists or, if it does, whether its danger is remotely worth the money to correct it, although we do know that “global warming” has not occurred for eighteen years and counting and there is, if anything, global cooling with record lows being set everywhere, the Antarctic ice cap also at record levels, etc. (Yes, yes, climate is not weather, blablabla. Climate is… anything you want to say it is.)
3. Anyone who still believes in “climate change” is likely to be: a. a profiteer (like the financial wizards who put together those “carbon exchanges” a few years back, making off with billions before they went belly up), b. a scientist looking for a handout, c. a bureaucrat or official of a Third World country looking for a handout, d. an official of the UN (virtually the same as c), e. a moral narcissist, preferably rich, who thinks he knows better than us idiots, scientific training not required (cf. Tom Steyer, this year’s George Soros wannabe), f. a true-believing liberal camp follower of the sort that doesn’t care when Nancy Pelosi says you have to pass Obamacare in order to know what’s in it (this is the largest group), or g. a journalist blinded by panic about losing their job if they dare to tell even part of the truth or wander off the reservation.
However it is the opponents of this scam who are reviled and called “deniers”.
The fact is, there is no proof that what the alarmists fear exists or will exist. Science doesn’t support their hypothesis and reality doesn’t support the conclusions of their modeling. But the man who said that “science” would take precedence in his administration has yet to demonstrate that. This is about control. Power. This is the crew that would tell you every step of the way how you should live your life. They’ve now gotten their claws into your healthcare. And this helps them control what energy you use and, by the way, literally creates a revenue stream out of thin air. Revenue streams are important, because that’s one way they exert their control.
As for China – they too know this man as Simon points out:
How do the Chinese figure in all this? Since they break into practically every computer we own, we can assume they also read our newspapers and watch Fox News (maybe even MSNBC, Heaven help them). Besides Obama’s being a lame duck who was clobbered in the last election, they are fully aware of his myriad lies and prevarications from “If like your plan…” to red lines in Syria. No one trusts him, even members of his own party.
The Chinese therefore know any deal with Obama is just for show, meaningless. But to make doubly sure, they arranged for the language in the agreement to say “intend” to reduce their emissions by such-and-such by 2020 — “intend,” the mother of all wiggle words. (I “intend” to win the Oscar in 2016, even though I have not written the script yet.) Actually, the Chinese, as usual, did a brilliant job of using Obama for their own propaganda, knowing full well that he was desperate to be back in the news for something positive, preferably as far from D.C. as possible.
January, 2017 can’t come soon enough.
Given this “deal”, Obama seems to be a used car salesman’s dream, but I’ve come to believe there is a method to this madness. And it is madness:
President Barack Obama announced Wednesday that the U.S. has set a new goal to reduce emissions of greenhouse gases by between 26 percent and 28 percent over the next 11 years as part of a climate change agreement with China.
The new target is a drastic increase from earlier in Obama’s presidency, when he pledged to cut emissions by 17 percent by 2020. By contrast, Obama’s counterpart, Xi Jinping, did not pledge any reductions by a specific date, but rather set a target for China’s emissions to peak by 2030, or earlier if possible. Xi also pledged to increase the share of energy that China will derive from sources other than fossil fuels. China’s emissions have grown in recent years due to the building of new coal plants.
“This is a major milestone in the U.S.-China relationship,” Obama told a news conference in Beijing, with Xi at his side. “It shows what’s possible when we work together on an urgent global challenge.”
No. No it’s not anywhere near a “milestone” at all. If that’s the “deal”, he was owned by the Chinese premier. Instead it is another bad deal used to push an ideological desire. This certainly won’t be ratified as a treaty with a GOP Congress (if it is even submitted as a treaty). And anyone who thinks China won’t ignore, or unilaterally extend its 2030 peak use simply knows nothing about how China works.
So the “King” will, apparently, do further damage to the economy by using this bit of nonsense as his catalyst for umpteen executive orders because, you know he has a pen, a phone and an ideology.
Thank goodness that only lasts for 2 more years with a GOP Congress (assuming the GOP Congress has any fiscal balls when it comes to defunding the stupidity he commits to his “executive actions”). If you loved ObamaCare you’re going to rave about this bit of economic stupidity.
In the meantime, grab your wallets and bend over, here it comes again.