Even as I write these words, an enormous economic force is building.
It is a force that rivals the scope of every single American boom in
our history – from the 1880s steel and railroad boom, to the 1920s
automobile boom, to the baby boom of the 1960s and the computer boom of
the '80s and '90s…
The force now behind Obama is more powerful than all of these events – combined.
force will carry Obama back to the presidency in 2012. And yet again in
2016. It's this force that will carry him into the history books…
new economic force will change everything about the way our country's
economy works. It will also reshape the world's monetary flows… for at
least the next 50 years.
The problems seemed to be overwhelming and impossible to solve, yet from
my view point, just following the constraints placed on the federal
government by the Constitution would have been a good place to start.
It will make millions of Americans vastly wealthier… and improve the standard of living across our entire nation.
But, in the process, I believe it will also make an idol of Mr. Obama…
will give him an unprecedented public mandate. He will use this power
to reshape our country… and to redraw the rules that govern the
presidency. He will seek unlimited power."
Although I'm writing this letter before the 2012 election, I already
know Obama will be re-elected to a second term. I'm certain he, or at
least his proxy, will also be re-elected again in 2016, for a nearly
unprecedented third term.
Using vast new powers, I believe Obama will:
Greatly increase the size of the Fed's quantitative easing, leading to massive increases to inflation.
Seize control of the entire 401k retirement system, forcing Americans to buy more of our government's risky debt.
Implement vast new taxes across our economy, as they have already
done with the health care program and which they will do next by
implementing a national sales tax.
Continue to expand the welfare rolls by record amounts, buying still
more votes, more power and setting the stage for a third Obama term
(something I'll explain in this letter.)
Reshape our foreign policy, drawing America into partnerships with dictators and socialists around the world.
In short, I believe Barack Obama will go down in the history books as one of the most powerful presidents of all time.
I believe his administration will be extended into a third… and
possibly even a fourth term, setting him up to become the most powerful
president in history... a rival to Franklin Delano Roosevelt.
the massive new economic power at Obama's disposal has nothing to do
with politics – nothing at all. In fact, what's happening right now
doesn't have much to do with Obama's policies at all. (unquote) Ironically, some Obama supporters
are emboldened to the point where they think his win proves global
warming alarmists are correct.
Hey, the vast
majority of people are not logical. They will use any pseudo reasoning
to think they have proved what they emotionally want to believe. So they
reason: (a) Obama supports climate change, (b) Obama won the election,
(c) Therefore, climate change (due to our carbon dioxide emissions) must
Of course, this reasoning is the same as the
kindergarten class that was debating the sex of a puppy. When they could
not agree, one child suggested, "Let's vote on it!" The new top story on PolyMontana, reprinted from the Financial Post is:
The Open Letter says: We the undersigned, qualified in climate-related matters, wish
to state that current scientific knowledge does not substantiate your
The U.K. Met Office recently released data showing that there has been
no statistically significant global warming for almost 16 years. During
this period, according to the U.S. National Oceanic and Atmospheric Administration (NOAA),
carbon dioxide (CO2) concentrations rose by nearly 9% to now constitute
0.039% of the atmosphere. Global warming that has not occurred cannot
have caused the extreme weather of the past few years. Whether, when and
how atmospheric warming will resume is unknown. The science is unclear.
Some scientists point out that near-term natural cooling, linked to
variations in solar output, is also a distinct possibility.
The “even larger climate shocks” you have mentioned would be worse if the world cooled than if it warmed. Climate
changes naturally all the time, sometimes dramatically. The hypothesis
that our emissions of CO2 have caused, or will cause, dangerous warming
is not supported by the evidence.
The incidence and severity of extreme weather has not increased. There
is little evidence that dangerous weather-related events will occur more
often in the future. The U.N.’s own Intergovernmental Panel on Climate
Change says in its Special Report on Extreme Weather (2012) that
there is “an absence of an attributable climate change signal” in
trends in extreme weather losses to date. The funds currently dedicated
to trying to stop extreme weather should therefore be diverted to
strengthening our infrastructure so as to be able to withstand these
inevitable, natural events, and to helping communities rebuild after
natural catastrophes such as tropical storm Sandy. There is no sound reason for the costly, restrictive public policy decisions proposed at the U.N. climate conference in Qatar.
Rigorous analysis of unbiased observational data does not support the
projections of future global warming predicted by computer models now
proven to exaggerate warming and its effects.
The NOAA “State of the Climate in 2008”
report asserted that 15 years or more without any
statistically-significant warming would indicate a discrepancy between
observation and prediction. Sixteen years without warming have therefore
now proven that the models are wrong by their creators’ own criterion. Based upon these considerations, we ask that you desist from
exploiting the misery of the families of those who lost their lives or
properties in tropical storm Sandy by making unsupportable claims that
human influences caused that storm. They did not.
also ask that you acknowledge that policy actions by the U.N., or by the
signatory nations to the UNFCCC, that aim to reduce CO2 emissions are
unlikely to exercise any significant influence on future climate.
Climate policies therefore need to focus on preparation for, and
adaptation to, all dangerous climatic events however caused. This is followed by 129 signatures. [Read more...]