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Electric Power Consumption Declines 5.04% Global Warming Research is Not Science Global Warming & a Second Great Depression Death-Row Economics (Waiting For Rising Interest Rates)
These E-Mails are damning, and prove that a decade of "Global Warming Research" is at odds with scientific practices established hundreds of years ago. These Universities' Administrators who provided laboratory and office space, as well as a yearly six figure income (?) to these "Researchers" are complicit in this fraud against science. One does not need to understand the data to understand that a trillion dollar fraud is being committed. Here's why I've concluded this. Real Science is dependent on forming a testable hypotheses based on data. The "Peer-Review" process is an invitation for others to evaluate the data: an actual challenge to colleagues to disprove the proposed testable hypotheses. Einstein's Theories of Relativity are almost 100 years old. But still today, practitioners of Real Science are attempting to find flaws in his theories, currently with studies of Gravitational Black Holes far off in space. To prove some aspect of Einstein's Relativity is incorrect, would certainly guarantee a Nobel Price in Science and be news even on CNN and MSNBC. However, it's apparent to me, as it * must have been * to someone in the administration of Penn State, that Dr. Phil Jones, Dr. Michael Mann & and Dr. Kevin Trenberth obstructed all challenges to their "Global Warming Hypotheses." As Al Gore has stated: "the debate over global warming is over" as billions of tax-payers funds flowed to a University System that stopped doing science. And it's not just Penn State's administration that have debased science and discredited themselves. The administrators of Harvard, Yale and every other university must have known what was occurring under their roofs. Has any significant University taken a public stand opposing the use of "Global Warming Research" for use in forming public policy on the grounds that Drs Jones, Mann & Trenberth refused to submit their work to a proper peer-review process? Not to my knowledge. Have they opposed "Global Warming" dogma's entry into curriculum intended for primary and secondary education? Not that I've heard. There is good reason for these high officers of the University System to have stayed silent. Congress was very generous to every University who looked the other way, as the "Global Warming" fraud was being perpetrated. It was a silence that was bought and paid for. These Administrators must be confronted with what they've done, and an explanation demanded from them. By the standards of science, did they, or did they not accept public money for the purposes of conducting fraudulent research? We all know that Wall Street has grown "to big to fail", growing fat off the Fed's "Liquidity." This "Global Warming" scandal has shown us what has happened to our University system. With school loans and government grant money coming their way, Big Education has grown to big to care about the truth. So never confuse "Global Warning" research as a legitimate scientific endeavor, because its not! "Global Warning Researchers" have violated every protocol of honest scientific enquiry with their dubious stand of: "No one opposing us is allowed to examine our data, and any attempt to debunk our 'science' is committing a hostile act against life on Earth. We, and the university system that has freely allowed us to speak in their name, will retaliate everyway we can." Global Warming & Engineering a Great Depression
 Weak Economy Puts U.S. Halfway to Obama's CO2 Cut By Simon Lomax --- White House officials said the U.S. is willing to reduce carbon dioxide and other greenhouse gases "in the range of 17 percent" below the 2005 level by 2020. --- --- Falling U.S. emissions are the result of the "weak economy," which grew at an annual rate of 2.8 percent in the third quarter after shrinking for a year, and a cleaner fuel mix in the electricity sector, the EIA said in its December Short- Term Energy Outlook. (There's that 2.80% again! MJL)
- End Bloomberg Snippet -
Proponents of "Global Warming" are demanding a significant reduction in Electrical Power Consumption, as Electrical Power Consumption is a major source of Carbon Dioxide. Note I don't say Electrical Power Production. The difference between regulating Electrical Power Production, instead of its Consumption, may be a minor point in the minds of most people, but regulating the Consumption of Electrical Power will devastate any Economic System that attempts it. The dirty little secret of reducing America's emissions of Carbon Dioxide is that it can only be accomplished by driving the American's Economy into a second Great Depression, or worse. This is no unsubstantiated claim on my part. Anyone with even an elementary level of understanding in Electrical theory can prove this point by using Ohm's Law. For those who don't want to read my brief technical explanation of Ohm's Law relationship with Carbon Dioxide production, feel free to skip it. But if Ohm's Law is new to you, you should make the effort to understand its "Global Warming" implication. Because what President Obama is committing the United States to, during his visit to Copenhagen, is promising in an economic collapse deeper than the Great Depression's. - Start Ohms Law Example -
If you can understand that 6 = 2*3, you have the math necessary to fully comprehend the financial depression now being engineered in Copenhagen. Ohm's Law, or E=I*R, is a very simple electrical expression of the relationship you have with your electrical utility. Where E in Volts = Voltage (Electrical Pressure from a Generator) While Electrical Power (measured in Watts) is computed by the formula: Watts = E in Volts * I in Amperes Let' say your house is using a portable electrical generator, delivering 120V at your power receptacles (or power points in some countries) and your house is using 1 Amp of current: then your home's electrical system has the following relationship to your portable generator: 120 (Volts) = 1 (Ampere) * 120 (Ohms)
The Generator is generating 120Watts of Electrical Power, as 120V times 1 Ampere results in 120Watts. 120W = 120V * 1 Amps
I only gave the voltage and current values in my written description, but with these values, Ohm's Law demands that your home * must * have a resistance of 120 Ohms when 120V of force is pushing 1 amp of current. There is no getting around it! There is also no getting around the fact that the house's portable generator's fuel governor (actually the Voltage Regulator) is feeding the generator's engine a precise measure of gasoline, exhausting precisely so much Carbon Dioxide into the atmosphere, to maintain these Ohm's Law relationships. But then someone turns something else on. When we turn on additional electrical appliances, we are decreasing the R Value of our home's electrical system. So in our home example, let's say Resistance is cut by half when another light is turned on, and to keep things simple, we'll assume our portable generator maintains its 1 Amp current flow. What does Ohm's Law say will happen to Voltage? Voltage is cut in half. 60 (Volts) = 1 (Amps) * 60 (Ohms)
Note: it was the * consumer * of the portable generator's electrical power that changed the Ohm's Law relationship, not the generator itself. So, the portable generator must now send twice as much current through the home to maintaining its designed voltage of 120V. 120 (Volts) = 2 (Amps) * 60 (Ohms)
Note the power provided by the generator has now increased from 120Watts to 240 Watts. 240W = 120V * 2 Amps
Watts are what you're paying for! So to double the Wattage, the Generator must double its fuel consumption as well as its emission of Carbon Dioxide. - End Ohms Law Example -
The critical point people need to understand is that Ohm's Law tells us that the Electrical Utilities only control their distribution network's Voltage, which by necessity is always fixed and constant. So crafting government regulations from the "Save the Planet" point of view, exactly what would they have the utility do to comply with Carbon Dioxide limiting regulations? Consolidated Edison will be providing current at the same Voltage, in a business as usual manner, before, during and after Carbon Dioxide limiting regulation is enacted. So by necessity, the actual intent of "Global Warming" regulations has to be directed at the consumers of Electrical Power, those who turn electrical devices on and off. "Global Warming" regulation is intended to force the private sector to turn things off, and keep them off. As per BLOOMBERG, President Obama is committing the US to a 17% reduction of Carbon Dioxide below its 2005 Levels. This can only be accomplished by reducing Kilo-Watt consumption by 17%. And this can only be accomplished by regulating consumers of Electrical Power, not the Utilities. The successful implementation of "Global Warming" regulations will result in a reduction of economic activity not seen since the Great Depression.  So where President Roosevelt's "Rural Electrification Program" plugged rural America to the electrical grid in the 1930s, President Obama's "Global Warming Initiative" intends to unplug employers and residential air conditioning systems from the electrical grid by 2020. Someone really needs to sue the pants off Penn State for granting tenure to a charlatan like Michael Mann, and so contributing to this insanity. Death-Row Economics
(waiting for rising interest rates) The pending Cap & Trade (Carbon Tax) is insidious by itself. But with the Supreme Court ruling that Green-House Gases are environmental pollutants (based on Penn State's Doctor Mann's bogus science), President Obama's EPA has a green light to regulate Carbon Dioxide without legislation. They will too! But President Obama and the Current Congressional Leadership don't need to regulate Carbon Dioxide to reduce America's emissions. Not when they have an environmental friendly, thermo-nuclear device at their disposal to knock Carbon Emissions significantly below President Obama's promised 17%. It's known as the US Treasury Bond Market.  So how can President Obama, and the Congressional Leadership make the Treasury Debt Market a nuclear event? 1. Borrow massive sums of money they know the United States can never pay back. That's the whole point of our soaring National Debt. To the committed socialists who now control our government, they have nothing but contempt for private wealth, those people risking their capital in hope of investing in a profitable economic activity. So scheming to rip-off private citizens is only a good day's work for them. 2. While US Treasury yields on short term debt are below 2%, like now, they restructure the US National Debt away from long term T-Bonds to short term T-Bills and T-Notes. I don't have the data, but when I hear the details of our weekly T-Bond auctions, the bulk of the new issues are 5 years or less. 3. At some future point, this debt will have to rolled over, as that is what the US Treasury always does with its maturing debt. This is when Doctor Bernanke will begin raising interest rates. 4. Rolling over our short-term debt, when interest rates for T-Bills and Notes are massively higher than the current 2%, will create a situation where interest payments on the national debt will exceed national income, and then some! The over regulated and much diminished Private Sector's employers are forced to close their doors as their taxes and now higher interest costs consume their operations cash flows. Massive lay-offs and unemployment forces the American Population to reduce their consumption to bear minimums. Retail outlets, for lack of business, turn off their lights and go out of business. And President Obama receives a standing ovation from a grateful United Nations for his success in cutting America's Carbon Dioxide Levels below his promised 17% from a 2005 baseline. This is now all a possibility because the Administration of Penn State, and other Universities, allowed Researchers of Global Warming to skirt a proper peer review, in return for some of Dr Bernanke's "Liquidity."  What happens to EP when interest rates go up? Our heavily indebted economy will contract further, and EP will continue its current decline. Will EP fall to levels not seen since the 1930s? With our current Congress and President Obama, I believe that is a real possibility.  Is this what President Obama and the Congressional Leadership actually intend to inflict on the American Citizens who voted them into high office? Well, I have to say that the last time I talked to the President and the Congressional Leadership, they assured me this was not so. You can be sure that if you were to ask them, they would tell you the same. But it really doesn't matter whether this apocalyptic vision of the future is by design or due to innocent ineptitude. The result in either case is a drastically increasing National Debt, being financed with short term T-Bills and Notes. This new debt is being assumed during a period when the Fed is holding down interest rates; currently the 5 Year US T-notes yield below 2.5%. How long will these low interest rates last? As long as Dr Bernanke wants them to. But the day is coming when he is going to raise interest rates, or the Bond Market will do it for him. If Doctor Bernanke intends to save the US dollar as a financial asset, as Paul Volcker did in 1979, he will have to raise rates way above 10%. As interest rates soar, chaos will come to the Federal Government's finances, when hundreds of billions in short term debt instruments rolled over - weekly, and at rates over 10%. It might be a few years from now, but this is going to happen. If the Justice Department really pressed a RICO Investigation on those responsible for the "Global Warming" hoax, I suspect dismissal notices would be issued to large proportion of the staff of every college and university in the United States. But with the rules of evidence used in a courtroom, I can't prove a conspiracy between "Global Warming" and a scheme to bankrupt the United States. But in our daily lives, we don't function in a courtroom, or have access to information a Federal Prosecutor is able to obtain, and innocent until proven guilty is the standard defendants hold the American legal system to. We live in the Court of Public Opinion. Most of our information is actually dis-information from people we don't know, and who frequently wish us harm, and you're a damn fool if you don't believe in Guilty Until Proven Innocent when it comes to money matters over $10. So take care of your personal financial situation while you still can. Financial assets and real estate have not bottomed, and Gold and Silver are nowhere near their ultimate tops.  Mark J. Lundeen
Mlundeen2@Comcast.net 11 December 2009
Dow Jones -40% Declines From 1885 to 2008 is the article that inspired this race of 1929 & 2007 Bear Markets. You may want to read that article to understand my "BEV Chart." Dow Jones Industrials Average Market Volatility is the source for my volatility studies. The Lundeen Bear Box and Step Sum is the source for my Lundeen Bear Box and Step Sum Chart Note For the Record: Mark Lundeen does not want a devastating bear market in the next two years. However, in full view of Congressional Market Oversight Committees and under the supervision of Government Regulatory Agencies, things were done that I believe will make a historic bear market inevitable. If you have a problem with this bear market, contact Washington, not Mark Lundeen. Email this Article to a Friend 379181900 |
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