Now I’ve to admit I spent a good part of the day on a golf course (and met one of my blog readers) It was sunny and warm and I may have been in the Sun too long because I’ve to congratulate CNBC (Did I just say that?) for actually allowing 3 wise men to state the government has been intervening and manipulating the markets.
No this isn’t a typo!!!
Yes, there was at least one “Talking Head” who made fun of such claims (funny his name is lies – man) as usual but the three men have clearly been respected for their past views.
Pity the two who don’t work for CNBC. This could be their last interview.
Heck, if this keeps up, I may have to reconsider my belief the Vancouver Canucks can never win the Stanley Cup. Okay, maybe I was in the Sun too long.
Watching to the end of the video shows body language of Liesman as clearly defeated.
I like to watch the talking heads each morning while munching on one of my favorite breakfast cereals — always good for a laugh. The Canucks won’t be winning it all anytime soon…nor will the Devils though!
My Penguins will hoist the Cup for a 2nd straight year . . . .
Shocking Scientific Disclosure
What’s R-E-A-L-L-Y Going On ?
The March Toward Communism Under Obama
Investor’s Business Daily has got it in the Editorial Section day after day for insights on so many subject matters that are of critical importance.
This Monday’s edition, shocked me in a discussion of ‘Green house Gases’ and the Cap & Tax legislation just passed by Congress. “A supressed EPA study says old U.N. data ignores a decline in Global temperature and other truths.” The reason is to influence the Congressional vote. So we pay for tax payer studies and because the answer doesn’t fit their intentions, the study is ignored.
The study observes that Global temperatures have been on a downtrend since 1998 and there is no need to rush to action based upon scientific hypothesis. The lead scientist, Alan Carlin employed with the E.P.A. for 38 years, was silenced and taken off E.P.A. studies entirely. He is forbidden to speak with anyone about the report. His report found that up to 68% of Earth’s temperature changes are attributable to Sun activity. (Who couldn’t figure this out?)
You’ll recall that Al Gore and others asserted that the Bush Administration was hiding information on Global Warming, but it was a scientific organization connected with Al Gore that was found to be tampering with information to show the Earth is warming.
Now this really shocked me. You should know from your Grammer School education that plants absorb Carbon Dioxide, naturally synthesize it and produce Oxygen. Some U.S. States and perhaps the Federal Government soon, have ruled that CO2 is a ‘Toxic Substance’.
Obviously, declaring CO2 a ‘Toxic Substance’ opens the door to massive federal intervention. Industry produces most C02, and these toxic polluters will be marked for destruction with expensive processes not limited to burying the ‘Toxic C02 Substance’ underground. The American people will pay for this Cap & Tax very dearly with a higher cost of living and lost economic opportunity as business moves offshore.
But here’s what really surprised me in the article – This supposed menace of Green house comprises only 2% of the total environment. That includes gasses such as Methane, Argon, Helium and whatever else might be atmosphere. Of this 2% Green House atmosphere, 3.6% is Carbon Dioxide. That means just .07% of the atmosphere is Carbon Dioxide which plants must have for Photosynthesis. Just 3.4% of of this is attributable to human activity. Incredible isn’t it? It’s right there on page A14 of Investors Business Daily.
Not only do they want to control your life, behavior and income, ‘THEY WANT TO CONTROL THE ATMOSPHERE.” Do you remember that Arnold Schwartenegger movie, ‘Total Recall’ where the atmosphere was controlled? So you see that scientific observation is of no value and cannot be permitted to interfere with ‘The Agenda’
Why then did Pelosi & the White House place such urgency upon enacting the legislation in direct opposition to a scientific study. Most of the members of the House didn’t read it when an additional 300 Pages was added at the last minute. What else was contained in the Cap & Tax Bill? Among matters, there will be a required E.P.A. Energy Inspection of homes prior to closing. Windows, nIsulation, Appliance and whatever else have to be up to modern standards or the house cannot pass to the buyer.
So what is this agenda? The very fact that Obama and the Democratic Administration ignores E.P.A. studies and covers them up, we know that there MUST be another motive other than the dangers of the Earth Warming from C02.
Cap & Tax will send the average American family’s energy bill rising $3,000 or more, and send industries scurrying offshore, detrimentally impacting our trade deficit, employment and standard of living. That’s what this is all about. Remember, to successfully implement Communism, the Free Enterprise System and American economy must be destroyed.
What’s next? It’s children born into slavery under Obama’s destructfulness.
America Needs Your Help …..
Most people have never written their U.S. Senator, but just enter your two U.S. Senator’s names in your Google Bar and up they’ll come, with complete contact information.
If this bill passes, it will damage America badly. They’ll listen if they get enough mail. This Cap & Tax bill is a disaster for industry and the only thing left is Specialty manufacturing which is struggling.
Ask your Senators about the supressed E.P.A. study headed by scientist Alan Carlin and why they have not seen it. You can reference any of the matters contained in my memo above or page A14 of Investor’s Business Daily, Monday June 29th 2009.
Thanking you for serving your country. Please write your Senators.
For whatever purposes of the manipulations, I am sure the gov has made their insider friends very rich lately. This inevidibly victimizes pockets of the average Joes. Thanks, Mr. Grandich. I listen to you and put my money in commodity instead of playing roulette with the gov.
SG Group…thanks for poking at our conscience. The IBD is a well respected publication so this adds a touch of objectiveness to a rather emotional subject. Don Coxe, a well respected global strategist for BMO has spoken often about the lack of sunspots and just had a weekly conference call for his clients who are mostly large pension fund managers this Friday indicating that scientists cannot still explain “why” those darn sunspots have disappeared but disappeared they have which explains why it is so cool this summer. In Michigan tonight we are down in the 60’s. It is affecting our growing season in the midwest and if they dont’ come back soon, scientists fear that global warming will soon become global cooling.
I was about to ask Peter and anyone in the know on this board, what we decided about US citizens opening bank accounts in Canada and was sent an article from a large law firm about required filings for any assets held abroad over $10,000. I guess that might make this approach more difficult. The following is an excerpt from that law firm update:
US IRS Suggests Certain United States Persons with Ownership of Non-US Investment Vehicles May Need to File Report of Foreign Bank and Financial Accounts
RELATED AREAS
Tax Transactions
United States
Several US Internal Revenue Service (IRS) officials have recently indicated that TD F 90-22.1 (Report of Foreign Bank and Financial Accounts) (FBAR) should be filed by United States persons that own interests in certain non-US investment vehicles, such as hedge funds.
The FBAR is an informational filing that is made to the US Treasury Department. The IRS administers the FBAR, however, it is not a tax return, and a person who is obligated to file the FBAR does not pay any tax when submitting the FBAR.
Because the FBAR is not a tax return, the information collected may be provided to and used by other US government entities, such as the Securities and Exchange Commission or the Department of Justice. Severe penalties may apply to persons who fail to file a FBAR, if required (e.g., the penalty for certain non-filers may equal 50 percent of the value of such person’s account). FBARs that relate to the 2008 calendar year must be received by the IRS no later than June 30, 2009.
The FBAR must be filed with respect to each United States person who has a financial interest in, or signature or other authority over, any foreign financial accounts, if the aggregate value of these financial accounts exceeds $10,000 at any time during the calendar year.1 If the circumstances require that an FBAR be filed, the FBAR must be filed on or before June 30 of the following year.2
The term “financial account” is defined in the instructions to the FBAR to include “any accounts in which the assets are held in a commingled fund, and the account owner holds an equity interest in the fund (including mutual funds).”3
Any of you US citizens have a Canadian bank account and if so, do you have to file some type of disclosure? thanks, susan
The Treasury form is no big deal from a task standpoint; it’s just a big deal regarding freedom.
But they have the guns and the prisons, so, even if you have just a signature authority over an account with no claim to the funds, you still have to fill it out. Account numbers, bank contact info, the works.
Does not apply to gold in a safe deposit box, however.
Roger.
Susan,
I am a Canadian living in the US. There are simple one page forms you have to fill out for Cdn bank and brokerage accounts. You file them each year when you file your US income taxes. It is not a big deal at all. Just make sure your accountant has some knowledge of this so that he or she can remind you come tax time. As Roger says, it is just another foray into our personal space.
Writing your Congress – easy way to do so: For those of you who decide to write your Congress to tell them NO on Cap & Trade as SG Group suggested we do so, below is information that should make it easy to do. Hope this information is helpful. susan Ps….I am going to post this on a few other of our blogs to make sure this info gets out
To use Congress.org – after you’ve logged on go to Find Your Officials (top right)-click then go to Write Your Officials (Center) and directly underneath is a small Federal and State. Click on each, type your message and send. There is also a section where you can have a hard copy hand delivered for a price. This is the easiest way to send to all of them and you’ll get a confirming email back that it was received.