My Thoughts - Marv Reese
Back to Home Page  

11-07-08

Well it has been an interesting 2 1/2 months of silence.  We can now all thank God there are no more elections to report on, so maybe we can get back to business.

A recent email reminded me of something that may possibly be important to consider.  
    
I don't know if you are familiar with the countdown.  I knew that most Democracy's only lasted about 200 years and we were beyond that, in fact once gave a speech about it around 1964-5.  So today's email reminded me & thought I would pass it along.
 
How long do we have?
 
About the time our original 13 states adopted their constitution in 1787, Alexander Tyler, a Scottish history professor at the University of Edinburgh, had this to say about the fall of the Athenian Republic some 2,000 years earlier:
 
A democracy is always temporary in nature, it simply cannot exist as a permanent form of government.
 
A democracy will continue to exist up until the time the voters discover they can vote themselves generous gifts from the public treasury.
 
From that moment on,the majority always vote for the candidate who promises the most benefits from the public treasury,with the result that every democracy will finally collapse due to loose fiscal policy,which is always followed by a dictatorship.
 
The average age of the worlds greatest civilizations from the beginning of history,has been about 200 years,
 
During those 200 years,those nations always progress through the following sequence:
 
1.From bondage to spiritual faith;
 
2.From spiritual faith to great courage;
 
3.From courage to liberty;
 
4.From liberty to abundance;
 
5.From abundance to complacency;
 
6.From complacency to apathy;
 
7.From apathy to dependence
 
8.From dependence back into bondage

Keep in mind that this information & research was finished around 1787.
................................................................................
Somewhat in jest I might suggest that as of this day we only have 75 days left.  I personally was blessed in that I was able to live during stages 4,5 & 6 and further fortunate that I probably will not have to live long during stage 7 & 8 as in just four days will be 74 years of age.

If Congress grants amnesty and citizenship to twenty million invaders called illegals,and they vote,then we can say goodbye to the USA in fewer than five years.  (Scroll down to the comments dated 7-2-08)
 
I think we can now be assured that we have entered stage 7 as the hand out line is now too long to stand in as Congress gets ready for an Obama presidency backed by a near veto proof liberal congress.
I further find it interesting that Barnam's proclamation of a sucker born every minute stands steadfast as this election has ended.

The reason I say this is because, in my opinion of course, our economic crisis was orchestrated by Liberals.  It started with the Community Reinvestment Act, enacted by Jimmy Carter, Bill Clinton then put some real teeth in the act followed by a Liberal congress that blocked any attempt to reign in Fannie Mae & Freddie Mac.  In addition, during that same time frame, liberals & tree huggers (an oxymoron) blocked any attempt for on shore or offshore drilling.  Corporate greed also had a hand but only after the ACT was forced upon them & our nation.  With car gas hitting over $4 a gallon and the housing market, a bubble ready to burst, we had an economic collapse.  Now here comes the Barnum procamation - These same people were able to convince the suckers that it was caused by a Republican president and not themselves so the suckers voted to put the fox & many of his pack back into the chicken coup as we now enter STAGE 7 of our demise.
 

Professor Joseph Olson of Hemline University School of law,St Paul Mn.points out some interesting facts concerning the 2000 Presidential election;
 
Number of states won by:Democrats:19 Republicans:29
 
Square miles of land won by,Democrats:580,000 Republicans 2,427,000
 
Population of counties won by,democrats:127 million Republicans:143 million
 
Murder rate per 100,000 residents in counties won by,Democrats:13.2 republicans:2.1
 
Professor Olsen adds:In aggregate,the map of the territory republican won was mostly the land owned by the taxpaying citizens of this great country.Democrat territory mostly encompassed those citizens living in government owned tenements and living off various forms of government welfare...Olsen believes the United States is now somewhere between the 'complacency and apathy' phase of Professor Tyler's definition of democracy,with some forty percent of the nations population already having reached the 'governmental dependency' phase.

WE LIVE IN THE LAND OF THE FREE,ONLY BECAUSE OF THE BRAVE...... 

**********************************************************
"Modern liberalism is based on socialism. Socialism requires that all citizens be
 stripped of their rights and accept themselves as property of the state. What
 better way to get people to sell themselves into slavery than to say that it is
 necessary to save the planet or the economy?"
***********************************************************                                                                


8-22-08 - Long time, no update - sorry


You can call the White House at 202-456-1111 to encourage the President to call a special session of Congress.
  I also hear today that some Republicans may be getting a coalition to shut down the government in Sept if they won't call for an energy vote.

On the Market -
 I really didn't care for the recent advance, although it held today in some fairly poor news.  I still feel there is a good possibility of a 1980's type recession in the future for whomever becomes president.  The P/E on the S&P is still around 20 which is historically high.

On the Global Warming Myth -  "A number of influential people in Russia, China, India, Indonesia and Vietnam say the planet is now entering a 30-year cooling period, the second half of a normal cycle driven by cyclical changes in the sun's output and currents in the Pacific Ocean. Their theory leaves true believers in carbon catastrophe livid. Uranium is the only carbon-free fuel liked by fast-growing nations. Some 439 nuclear power plants are currently operating in 31 countries. China plans to build another 100 for itself in the next 20 years. By 2020 or so a new reactor will be starting up somewhere in the world every five to six days, compared with one every 17 days in the 1980s. China is building coal and nuclear plants in Pakistan, and Russia in Iran, Bulgaria and India."

 http://www.forbes.com/opinions/forbes/2008/0811/094.html

...................................................................................................................................................


UNDERSTANDING THE HUGE NATIONAL DEBT 

                                   Debt vs. GDP
http://www.swivel.com/graphs/show/5543118
http://www.heritage.org/Research/Budget/bg1820.cfm
http://pajamasmedia.com/blog/how_bad_is_the_national_debt_r/
http://www.nationalreview.com/nrof_comment/verjee200409210749.asp
http://www.optimist123.com/optimist/2007/06/international_d.html

Ideally, experts say, your total monthly long-term debt payments, including your mortgage and credit cards, should not exceed 36 percent of your gross monthly income. That's one metric that mortgage bankers consider when assessing the creditworthiness of a potential borrower.You as a buyer of course try to get the lowest interest rate you can get so that your debt service won't kill you in monthly payments with most of the money going to pay interest instead of principle.

You & I can relate to emergency expenses.  A big medical bill, a law suit, a car crash etc.  At those times of course your debt may temporarily exceed that 36% cap.  Another thing we can relate to is a normal increase in wages as the years go by which might enable us to buy more or pay higher prices so we tend to base our expense vs our income or what we expect as income.

So with that as a basic understanding of debt vs income & what are good and bad numbers, let's see how our own government stands up to that test.  Now that might be fun !

At the end of 2001, the federal debt held by the public of the United States stood at 33 percent of U.S. gross domestic product. That was the lowest it had been in 18 years. At the end of 2003, federal debt stood at 36 percent of GDP.  It now stands at about 38%.  During that period our country had three big emergency problems - 9/11, Iraq & high foreign oil prices.  Prior to that time Bush borrowed a bunch of money but was able to do so at around 1.5% but it still pissed me off and justified my reasoning for not voting for him or his opponent but did vote for others.  As a result our debt seems to be about 2% higher than it needs to be.

Looking back at American history, it is apparent that economic prosperity can continue even if the federal government maintains a debt burden that is much higher than it is today as a percentage of GDP.  During WW11 our debt far exceed our Gross Domestic Product and was 120% of our income, so as Forrest Gump says "Shit Happens".

Today, the unemployment rate is at 5.7 percent.  It was 5.4 percent in 1996 when Bill Clinton was re-elected. Clinton proclaimed in his State of the Union speech that year that the “economy is the healthiest it has been in three decades.” Since the 2003 tax cuts were enacted, the U.S. economy has been growing at a 5.4 percent annualized pace, which is the fastest clip we’ve experienced since 1984 although it is now slowing to around 2% & unemployment is rising a bit but still low by historic standards.

This remarkable record on the economy owes much to the pro-growth policies of the Bush administration. By reducing the tax code’s inherent penalties on work, saving, investment, and entrepreneurship, the administration has kept us out of a prolonged recession. Yet, critics of President Bush’s fiscal policies have argued that today’s record federal deficit, which will reach about  $9.5 trillion, will cause long-term economic growth to flounder by pushing interest rates higher.  Facts usually don't support that theory and right now interest rates remain at  a historic low of 2% in spite of that apparently huge debt.

The lesson is clear: Economic prosperity can continue even if the federal government never balances its budget. The greater threats to prosperity are high levels of taxation and regulatory barriers to growth. President Bush deserves our gratitude for having steered a fiscal course that has kept the economy on track.

So even if he always seemed like a pompus ass to me, his economic policies worked out pretty good.

For the record I remain a conservative but not necessarily a Republican.

.................................................................................................................................................................

8-4-08 - Well Crap - Daisy Grounded
Still have a pin hole fuel tank leak. Poopie.


Put another hour on Daisy Mae this morning.  She is a nice gentle bipe.  Fun to look at and fun to fly.  

.............................................................................................................................................................

7-30-08 Ok - It's possible that banks have bottomed.  It's possible the dollar has bottomed. 
And oil & gold continues to drop as predicted last month.  What else can you ask for?

Well we could ask Congress to not go on vacation until they at least vote on The American Energy Act.  While you & I try to decide if we can afford to go on vacation, the Nancy Pelosi ,Harry Reid, Obama tribe plans to ignore the gas price problem & take a 5 week vacation, starting this week.  Call & raise hell about that.  They want to leave Washington this Friday having done nothing to lower gas prices. They won't even allow a vote on the American Energy Act. Our nation is being held hostage by one person ......... Nancy Pelosi.

McCain should also be raising hell about this, calling for the need for a Republican majority when you vote............ but he isn't.
Put another hour & a half on Daisy Mae today. Auto fuel has dropped to 3.54 here in Missouri but it still costs too damned much to fly or drive.  Nancy Pelosi seems to be deaf & dumb.                     
...........................................................................................................................................
7-29-08 - There is an old saying
in the market.

"When they back up the truck, they take all of the girls".  Such has been the case the last couple of days as the Sucker Rally didn't last very long & no summer rally appears in sight, however we may just be testing the most recent low in the market.  As the market searches for the bottom there are some quality stocks to at least begin thinking about.  Catapillar, Ford, Sprint, and Dreamworks.  But another old saying is don't try to catch a falling knife.

..........................................................................................................................................

7-27-08 - Turkey Mountain Fly In

Finally got the wheel pants installed on Daisy Mae so we had to fly her yesterday at our monthly fly in.  Weather was finally perfect. We were rained out the previous 2 months.  Last week the rest of the grandkids finally got to see her in the air & now one wants to become an airline pilot.  He also helped me with rib stitching.

I did come up with a new line for women.  When you find one that seems worthy of your attention, just ask if she would do you a favor & check to see if you really are suffering from E.D.

...........................................................................................................................................

7-25-08        It's a sad day
 
I received an email today about Irena Sendler who died recently at 98 years of age.  During her lifetime she smuggled over 2500 kids/infants in the bottom of her tool box to avoid the Nazi's.  They caught her and broke both of her arms & legs and beat her severely.
She was nominated for the Nobel Peace prize but lost out to Al Gore who made an inaccurate video about Global Warming.
 
Another sad chapter in "where is the outrage?"
FOR SOME TIME, ITS BEEN THE OPINION OF A MULTITUDE THAT THE CROWD WHO SELECTS NOBEL PRIZE AWARDEES IS COMPOSED MAINLY OF VACANT HEADED FOOLS REWARDING THEIR KIND.  THIS STORY IS VALID CONFIRMATION.
The entire email can be seen here:
http://www.snopes.com/politics/war/sendler.asp                          


.................................................................................................................................................


7-16-08 - Big wipsaw today.  Oh well.

With the president making another call for drilling, oil took another hit which, along with the fed wanting to bail out Freddie & Fannie, the market zipped up, gold & oil tanked & banks led the way.  You may remember I thought the banks had their panic selloff last week & were due for a rally and the market was way oversold.  The president proved that something could be done to make oil prices go down & that was to make folks THINK we might drill.  So the market moved IN ANTICIPATION of change.

Oil is now down to it's long term trendline so I would guess I might rally tomorrow but if it breaks the trendline then  oil is done for awhile but not out.  Same for the market.  It may have a nice rally for awhile but is not done going down, in my opinion & the dollar will remain weak so gold will have a few more points up but not much.

I am not in favor of bailing out Freddie & Fannie with our tax dollars.  Are we so soft that we just can't accept a big company failing?  Good lord, let the market settle the problem & keep the government out of this as much as is humanly possible.  It is amost like Federalizing (socializing) our whole monetary system.  Both of them violated rules in a big way & both CEO's spent big money with lobbyists while taking over a million dollars a year to run these companies into the ground.

............................................................................................................
7-16-08 - Yesterday was just FUN !!!
 

It started with Investor's Business Daily calling for Nancy Pelosi to be removed from office as she continues to block oil legislation from coming to the floor. (more below) I love it!  Then we had a major drop in oil prices but the bad news is that the market still went down.  If the market falls in the face of good news, that isn't good so I would expect more down in the market.  Fuel consumption in the U.S. is down 4% from last year which now has the Saudi's paying attention.  But we still have those idiots wanting to indicate that if we do allow drilling it won't help prices today.  Well that is out & out "spin".  Markets move ANTICIPATING CHANGE, not the change itself.  The oil market see's a change in the works so is ANTICIPATING that change & moved down significantly.

I also saw portions of the worst newscast I have ever seen & it was done by Shepard Smith on Fox news who seemed to be wanting to stir up panic in the U.S. markets.  I really have never seen such irresponsible reporting even on NBC. He seemed more interested in scaring people than even listening to his guests who didn't share his views, calling their opinions as "spin".  What an idiot.  I have had my doubts about ol Shep for quite sometime now as his ego seems to overpower any normal amount of intelligence.

Obama is a true politician & changes his decisions almost daily & the press ignores it.  McCain has changed positions a few times but gave reasonable explanations so from the standpoint of truth & core values, it goes hands down to McCain.  I don't like either of them but will probably vote for McCain as I don't want a socialistic, left wing radical, racist, inexperienced high school student in that position.  He is what I refer to as an educated idiot, long on education, long on bull shit and short on character & common sense.  It is even noticed by normal Democrats who feel the Democratic Party has been hijacked by left wing radicals & are mounting a campaign against Obama.

When I was younger I thought Alan Greenspan was the best person to run the Federal Reserve but one thing stuck in my mind and that was when he attended Clinton' inaugural dinner and sat next to bull-shit Bill. No Federal Reserve chairman had ever done that as they are supposed to be politically neutral.  Now that I have aged I see that his policies of loose money actually put us where we are today.  Mr. Greenspan today acknowledges he saw it coming but didn't know how to handle it.  It is true that Clinton had a good bull market as a result but it came with a price we are now paying for.  Liberals like Christopher Dodd (Chair of the banking committee) didn't want strong regulators overseeing Fannie Mae & Freddie Mac & now they are in deep shit and of course now they do want stronger regulators.  What a bunch of crap.  Now, even though they allowed the new rules, they have decided to not allow naked short sales.  To that I say "Duuuuuh".  In days of old you had to physically borrow shares to sell short and could only short a stock following an uptick in the stock which kept the downside orderly & sometimes there was no stock to borrow making a short sale impossible, but they trashed both of those rules a few years back for some reason & now see the error in their ways.  Where do we get these idiots?  Surely not from liberal colleges ......... Nah.

So for me it was a fun day seeing the liberal chickens come home to roost, normal Democrats acknowledging their party has been high jacked by the Socialists, & Nancy under a big fire to move on the energy bill & oil prices plunging as predicted.  But I have no idea how the government can support Fannie Mae & Freddie Mac as I believe that may be unconstitutional.

On the not so fun side -
Fed Chairman Bernanke ignored the slide in the dollar. - as a result expect a new low for the dollar.

An added note about Pelosi -  
She persistently fosters what Thomas Jefferson denounced as "tyranny by the majority," and violates House rules that give her the duty to maintain order, civility, and decorum, and to foster "comity" (a word rarely used these days, meaning "mutual respect").

........................................................................................................................

7-15-08 -
 Push came to shove & the president lifted the ban on drilling which firmly put the problem in Nancy Pelosi & Harry Reid's lap.  He waited a month to see if they would pass a sensible energy plan & they didn't.  With a congressional approval rate of 9% maybe they will now come to their senses.  We may have to wait a year or so before they realize Global Warming is caused by solar activity rather than any man made Co2 emissions. (well I can hope). Our country really needs an application to run for president along with an intellectual test for ability to do the job, the same way our corporations decide on employee selection for a particular job. That would certainly cut down on the candidates & improve our selection process. (Same for Congress.)

Please don't sign this petition.  It is called the Do Not Mail Petition being sent to Nancy Pelosi & Harry Reid.
Be careful out there.  This is part of the UN's Global Warming myth & the purchasing of Carbon Credits, a program that Al Gore hopes to profit by.  Make no mistake, this petition is part of that UN operation.  The only thing I would ask Nancy Pelosi & Harry Reid to do is resign.  Environmentalists and liberals are the reason fuel costs are so high.  They want them high. http://www.pubmedcentral.nih.gov/articlerender.fcgi?artid=2270839   

It states: "
Junk mail is more than just an annoyance; it's an environmental crisis. Every year, junk mail production destroys 100 million trees, creating as much global warming emissions equivalent to the emissions of 3.7 million cars.
We deserve the right to protect our privacy and our time. We deserve clean air and forest protection. Sign our petition today and take back your mailbox:"

 Now a better way would be to write your own senators (both of them) and your congressional representatives to pass a bill against Junk Mail and not include the environmental impact statement nor the Global Warming myth nor the clean air deal nor forest protection as that helps set up their agenda.  Forrest fires have caused a lot of pollution as have volcanoes.  They want you to believe that by not cutting tree's you will be in support of their overall plan which I am sure isn't your objective.  By doing it this way, you accomplish your objective without attaching yourself to the overall UN plan which is to redistribute our wealth to other countries.  Most countries in the UN don't like Americans and want our wealth re-distributed under the guise of Co2 emissions & Global Warming.
 
They hid the basic reason behind a noble cause.  Really who could be against Mom & Apple pie & preservation of our tree's?  My opinion is that the petition is a scam to further their socialistic objectives.  I am sure I am not wrong.
.....................................................................................................................

7-10-08 - Now the truth comes out.


China & India will not sign the Kyoto agreement so if we go along with this world wide farce it will only be because we wish to redistribute our wealth to the under privileged nations of the world which in my opinion is  a Marxist, Socialist, Liberal movement to redistribute the worlds wealth in an attempt to create Utopia and being done under the guise of Global Warming.

Are we so pompous to think that man can change the climate?  That man is more powerful than the sun? That we can actually stabilize the climate?  Climate changes have been a fact of life since life began.  Exactly how are our politicians going to stabilize solar flares or volcanic eruptions?

Again I caution that I am against pollution and I am also against people that lie & governments that brainwash.

Quotes below are from the web sites posted below.

As Will Rogers observed, "with Congress, every time they make a joke, it's a law. And every time they make a law, it's a joke."

"If humans are the cause of Global Warming, why have the carbon dioxide "ice caps" near Mars's south pole been diminishing for three summers in a row?"  This was revealed in data taken in 2005 from NASA's Mars Global Surveyor.

Habibullo Abdussamatov, head of space research at St. Petersburg's Pulkovo Astronomical Observatory in Russia, says the Mars data is evidence that the current global warming on Earth is being caused by changes in the sun. "The long-term increase in solar irradiance is heating both Earth and Mars," he said. "Simultaneous warming on Earth and Mars suggests that our planet's recent climate changes have a natural—and not a human-induced—cause."

"Dr Philip Stott, the professor emeritus of bio-geography at the University of London, told The Telegraph: "What has been forgotten in all the discussion about global warming is a proper sense of history."

According to Prof Stott, the evidence also undermines doom-laden predictions about the effect of higher global temperatures. "During the Medieval Warm Period, the world was warmer even than today, and history shows that it was a wonderful period of plenty for everyone."

"The record set in 1998 has not been surpassed. For nearly a decade now, there has been no global warming. Even though atmospheric carbon dioxide continues to accumulate - it's up about 4 percent since 1998 - the global mean temperature has remained flat. That raises some obvious questions about the theory that CO2 is the cause of climate change."

"Just last month, more than 100 scientists signed a strongly worded open letter pointing out that climate change is a well-known natural phenomenon, and that adapting to it is far more sensible than attempting to prevent it. Because slashing carbon dioxide emissions means retarding economic development, they warned, "the current UN approach of CO2 reduction is likely to increase human suffering from future climate change rather than to decrease it."

Sun spots are reaching a 1,000 year high & should peak in 2012.
The Little Ice Age coincided with a sunspot minimum.

"Worshipping the Earth is a common and popular religion. Earth worshippers hate the presence of mankind on the planet."  "Earth worshippers have no logic and dismiss any and all scientific fact. This is their religion. They lay themselves in front of bulldozers in an attempt to prevent any change to Mother Earth, their god. Earth worshippers hate global cooling and global warming. They don't blame solar flares for a change in the Earth's temperature because the culprit must be evil mankind."  "Earth worshippers are most likely to be Marxist-Socialists-Liberals as well."  "Are left-wing, liberal professors mentally nuts? Well, yes. An eminent psychiatrist claims those who possess a liberal ideology are suffering from a clinical mental disorder.

"Based on strikingly irrational beliefs and emotions, modern liberals relentlessly undermine the most important principles on which our freedoms were founded," says Dr. Lyle Rossiter, author of the new book, "The Liberal Mind: The Psychological Causes of Political Madness." "Like spoiled, angry children, they rebel against the normal responsibilities of adulthood and demand that a parental government meet their needs from cradle to grave."

"Marxists-Socialists-Liberals try to use the global warming topic as an opportunity to spread the wealth of the world for the creation of their "utopia." Marxists-Socialists-Liberals want to tax intelligent, hard-working industrial nations who use energy and give the money to third world countries where the people are corrupt and lazy. Billions of US dollars and British pounds sterling have been pumped into these third world countries for 100 years with zero progress in their economies. These people can never be raised to the "utopian" level. Socialism will always be a failure. Non-socialist leaders such as Canadian Prime Minister Stephen Harper and US President George Bush naturally disagree with the socialists scheme called the Kyoto Global Warming Treaty."

"Historically, the Northwest Passage linking the Atlantic and Pacific Oceans has been ice-bound through the year. But the agency says ice cover has been steadily shrinking, and this summer's reduction has made the route navigable." There is one major problem with this story about the Northwest Passage opening. It was navigated by Roald Amundsen in 1903-06. He sailed his ship through open water from east to west landing in Nome, Alaska. You may notice that the article did not mention this important historical fact. This type of news manipulation is called brainwashing."

National Geographic:  http://news.nationalgeographic.com/news/2007/02/070228-mars-warming.html
Direct from NASA: http://science.nasa.gov/newhome/headlines/essd06oct97_1.htm
From MIT:  http://www.opinionjournal.com/extra/?id=110008597
From NOAA:  http://www.noaanews.noaa.gov/stories2008/20080313_coolest.html
Here is a great article By Paul Driessen from the Canadian Free Press: http://www.canadafreepress.com/2007/driessen020607.htm
http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/01/06/br_r_r_where_did_global_warming_go/
http://www.globalwarminglies.com/Sun.html
http://www.biblelife.org/globalwarming.htm
http://www.canadafreepress.com/2007/global-warming020507.htm

7
-10-08 -Well maybe we are not ready for that rally, but we could be close.
 BBDB did go up against the grain however.  I would just love to see a panic sell so we can get the down turn over but let's face the facts.  Fannie Mae & Freddy Mac are bankrupt,  we will see a few, maybe many banks go under so until the banks find a bottom, the market will be shaky.  With Iran launching missles it does appear as though they are pushing for a war.  Strictly from a technical standpoint I saw a double top in the Dow (an "M" formation) which was quite bearish.  The first top was in July of last year and the second in Dec. of last year.  We then had a downturn & a rally, another drop and another rally but am not sure if we are in the second or third phase of the downturn.  The third phase will be a dramatic downturn with climatic volume at the bottom.  Somewhere around that time we will hear that we are in a recession.  These announcements usually happen at the bottom.  When you believe that someone has to be absolutely stupid to be in the stock market you will be looking at the bottom.  The other scenerio is simply a sideways market for years which is what I am guessing.
......................................................................................................................


7-08-08 -  The economic Shell Game - Exporting our trade deficit.


Everyone must accept as fact that all countries are in a world market for the exchange of goods.  For example, we want to sell things to other countries & they want to sell things to us.  It is a fact of life so get used to the idea.

To isolate ourselves from the world market would be an economic disaster.  This is why our government is always open to economic trade agreements, although lagging behind in these type of agreements with Asian countries.  We probably need NAFTA as well as the Columbian Trade Agreement that was recently suspended by congress.  The more trade agreements, the more we can sell to other countries.

Oil is involved in this as a product of the world since many countries have oil to sell, therefore the price of oil is set by the world rather than how much an individual country can produce.  If your country produces oil then you find a buyer willing to pay for your oil & hopefully the price will be high as you can get.  As a result it matters not where you sell your oil as the end result will be an effect on the world market price.  If we produce too much oil then the price will go down.  If we produce less than the world is using then the price will go up.

In the U.S. we use about 60% more oil than we produce, which is a BIG problem that won't be solved without figuring out a way to use 60% less, otherwise we will have to buy oil in the world market with dollars since the price of oil is pegged to the value of the dollar.  A recent survey found that most Americans don't want to lower the speed limit to 55 mph again.  So I guess the only answer would be to drive to work only 3 days a week or figure out how many days a week you wish to not have air conditioning or some other comfort of oil.  Al Gore & other Hollywood types will need to ground their personal jets & Hummers.  Sorry Whoopie.

As I have stated earlier, this oil has to be refined in order to make it into gasoline and that takes about 30 days.
Some countries don't have enough refining capability so they export their oil to a country that has that capability.
Not all refineries in the United States are U.S.-owned.  For example, Venezuela owns the three CITGO refineries in the United States. Most of the 750,000 barrels a day of fuel produced at those refineries is sold at the nation's 14,000 CITGO gas stations, but about 30,000 barrels a day is shipped back to Venezuela, where you can fill up for the government-subsidized price of 19 cents a gallon.

Not all oil can be converted to gasoline.  About 35% of our Alaskan oil exports are Petroleum Coke which is used in making steel and is not really a fuel.  Fuel oil amounts to about 30% of exports.  Most of the Alaskan exports go to California, Alaska & Hawaii.  Some refineries can't convert this heavy oil into other products so is sold in the world market.  Only about 10,000 barrels of gas were exported.  The U.S. does export about one million barrels of oil & oil products but almost none of this is crude oil.  The amount of exports is significant enough to cause concern among those fearful that the country is exporting oil in a time of high prices when that oil is needed at home. But 14% of this petroleum is traded with Canada, 23% with Mexico, and 13% is petroleum coke. Canada and Mexico are among the nation’s most important suppliers of crude oil; in 2004 they supplied 2.1 mbd and 1.6 mbd of the nation’s gross total imports of 12.9 mbd.  Any exports to these countries are likely related to geographic considerations involving ease of transport. And they are more than offset by the great importance of Canadian and Mexican oil supplies to this country.  All Alaskan crude has gone to the US, mostly through Washington and California refineries.

http://seekingalpha.com/article/50064-is-the-us-exporting-its-deficit
http://www.gravmag.com/oil.html#expimp

It’s also true that the U.S. exports crude oil — but only little. According to the latest Department of Energy figure, about 29,000 barrels of U.S. crude left the country in March — and all of it went to Canada, which sends roughly 2.5 million barrels day our way.The exports to Canada represent a small part of the output of Alaskan oil that can be cheaply shipped to nearby parts of Canada.

"As of March 2008, the latest data available, U.S. oil refiners were exporting more than 1.8 million barrels a day of crude oil, gasoline, diesel, jet fuel and other refined products. The top five destinations for U.S. fuel were Mexico, Canada, the Netherlands, Chile and Singapore. Mexico ships us oil, we refine it into gasoline and sell some of it back to Mexico."  Same for Canada.

http://ncseonline.org/NLE/CRSreports/natural/nrgen-25.cfm

The whole world is presently feeling the first effects of the general exhaustion of world oil fields.  We are dealing with a decline in world production of oil as the supplies are being exhausted.  It is interesting to note as well that the United States is a leader in oil producing nations but is not a leader in oil exportation. This is caused by the US’s incredible oil use, which causes a staggering deficit for the oil trade annually.  The United States, for an example, gets a lot of its oil from Mexico and Canada because they are not only close but also have the North Atlantic Free Trade Agreement to facilitate the exchange. (NAFTA)
   http://www.duke.edu/web/soc142/team9/ITP.html

Now comes the interesting part.  As I stated earlier, oil is paid for in dollars.  Not real dollars, but rather bank entries.  As one site (below) suggested it was paid for in digital money.  You see when Nixon took our country off of the Gold Standard, our money became backed by nothing so basically it is a worthless piece of paper or a digital entry in a computer somewhere.

Prices of everything will continue to rise everywhere for at least two reasons.  One of course is the scarcity of oil but second is due to the terrible financial chaos caused by bad investments made in recent years.

"The Central Banks cannot do anything about this rise in prices caused by a greater and greater scarcity of oil. From here on, oil will be subject to a rationing due to scarcity, but the countries which have the advantage of issuing reserve currencies can “jump the waiting line” for their ration and simply issue more banking digits to ensure their supply. When they “jump the waiting line” and create more digital money to get their oil, they are creating a world inflation of prices."

"The main Central Banks will create gigantic quantities of money in an attempt to save the busted banks. This tsunami of digital money intended to save the banks – bankers are always saved – will destroy the value of the dollar and consequently the value of the Mexican peso" and other foreign currencies. 

"China, the great manufacturing power and exporter, is an example: too much digital money is entering China and thus prices in China are on a tear; both their internal prices and now their exports will be rising in price. Chinese products have to go up in price and soon they will be sold for higher prices both in the US and in Mexico: digital monetary inflation originates in NY City, passes on to China and from there, it returns to the US and to Mexico in the form of higher prices for Chinese products."
http://www.321energy.com/editorials/price/price062908.html

One other observation that became apparent to me early in life was that we, the U.S., would always have inflation.  The U.S. creates money by selling Treasury Notes, Bills & Long Term bonds.  The long term bonds usually are 30 year bonds.  When you buy one for $10,000, on that day let's say the price of a loaf of bread is $2.  This means that the day you loan the government $10,000 you could have purchased 5,000 loaves of bread.  There have been very few years when we did not have inflation.  Just using simply math rather than compound math assuming an inflation rate of 3% annually it is easy to see that when the government pays you back, thirty years later, you can buy fewer than 500 loaves of bread as 90% of your purchasing power has decreased due to inflation.  In actuality using compound math you may end up owing the government to buy even one loaf of bread.

So the decline of the dollar was probably engineered so that our actual cost of oil is quite a bit less than we appear to be paying, which is why I am in favor of a stronger dollar.  A stronger dollar will decrease the price of oil immediately.

Another bottom line is that the world is in an economic recession as most world markets are down from 20 to 50
% from their highs.


............................................................................................................................

7-6-08
Today's Question - (which appears to be rhetorical) -

If we conclude that the oil company's have made windfall profits, will increasing their tax help lower fuel prices, or will the oil company's just raise the price more to cover the increased taxes, thereby becoming a tax collector for the government?

It should be noted that the Senate approved drilling in AWAR on March 16, 2005

But this was blocked in Dec. of 2005 by Environmental campaigners as they narrowly blocked a Republican plan to allow oil drilling in the Arctic National Wildlife Refuge.  The Republican majority failed to get the 60 votes in the 100-member chamber needed to cut off debate yesterday. The vote was 56-44. http://www.msnbc.msn.com/id/10560979/

http://www.cbsnews.com/stories/2005/12/21/politics/main1152602.shtml

What Americans may also forget, is that the Republican Congress opened up ANWR every single year that we were in power. But, what happened was in the Senate, the democrats killed it every year in the senate."

"So, you had Clinton veto it in 1995, and then every single year after that you had the democrats kill it in the US Senate."  http://gatewaypundit.blogspot.com/2008/06/democrats-big-lie-about-anwr.html

I guess we have to blame Bush for that too.
...........................................................................................................................

7-04-08
  As predicted the market yesterday drifted up.  I repeat: " The market is oversold so I would expect a 'Sucker Rally' that will be long enough and good enough to appear real followed by another downturn later this year."

I am in error on one subject & that being the Kyoto Protocol.  Clinton signed it in 1997 but George Bush pulled the US out of the Kyoto accords as one of the first acts of his presidency. Bush dismissed Kyoto Protocol as too costly, describing it as "an unrealistic and ever-tightening strait jacket." Lately, the White House has even questioned the validity of the science behind global warming, and claims that millions of jobs will be lost if the US joins in this world pact.
 
So good for George ..........
The entire basis for Global Warming being caused by man made greenhouse gasses (Co2) has been scientifically proven as false.

.........................................................................................................................


7-3-08
-

Free Million Dollar Idea - And yes I am absolutely sincere.  The only thing I ask for would be recognition as the sole source of this plan.  Contact a lottery printing company & a Scratch & Sniff expert to sell your own Carbon Offset Scratch & Sniff stamps with 3 scratch & sniff area's.  One labeled Cow & Sheep Farts, one labeled Kangaroo Farts and one labeled Red Neck Chili Farts.  Include a warning label that only one of these contains NO Harmful Greenhouse gas & not to use a plastic bag to dispose of them. Also include a reminder that it is their patriotic duty to "Do Your Part & Please Don't Fart".
I remember making stink bombs when I was a kid with our Chemistry set using Sulfur as the main ingredient but do your own research.  I would recommend a Rose Smell for the Kangaroo.

Have a good Freedom Day as it may be your last.

.........................................................................................................................

7-2-08 -
   

OK ...... If I have not been weird before, today I will become weird on you simply because I have a curious mind.
 
Sometimes I am diverted and today looks like that day.  As I sat on the pot this morning contributing to the Co2 greenhouse gas emission problem I began to think about an impending Obama presidency. 

The most liberal of all liberals, when like a bolt of lightening I remembered something about Dec. 2012.  My mental potty math was off as I was thinking his term would expire in 2012 instead of January 2013. I think.

Wasn't Dec. 21, 2012 supposed to be the end of the world as we know it?  Yup.  A mere 1632 days away, as reflected in the Mayan long calendar, Aztec, Incan and Hopi traditions. This date marks the close of several cycles of time. They predict that Earth and humanity are about to be birthed into a new reality based on unity predicated on a dramatic advance in consciousness.  You will also find mention in Revelations.

So it seems everyone that came before us was well aware of that date for some reason.

The number thirteen was a root number for the Maya. It is both a prime number and the eighth number in the crucial Fibonacci series that is one source of the Golden Ratio, 1.618.  The Golden Ratio seemed to have been used in the building of the pyramids and there are a number of stock analysts that use it in determining stock cycles.  The Elliott Wave theory comes to mind first.  Seems a lot of people discover the ratio in just about everything.

I found the information here of great interest:
"The cyclical nature of the long range weather patterns are well established as are the variable nature of solar activity. We know that this is true since we have been in a ‘global warming’ period for the past 300 years................ Is it a coincidence that 2012 also coincides with the next solar sunspot maximum? The actual peak of this 300-year cycle of increasing solar output occurred in 1960 when the number of sunspots exceeded 200, the usual peak is around 100-150. Now, what is interesting is that during the first half of the 20th century the Earth’s seismic and volcanic activity was comparatively quiet. (ed - I guess there was one period where for 70 years there was NO solar activity)

Then after 1960 the level of seismic and volcanic activity increases steadily to the point that the 1990s can accurately be called the ‘decade of disasters’. The surge in major earthquakes and volcanic eruptions radically departed from earlier decades. According to the chief scientist for the world’s largest reinsurance company Zurich Re, “since 1960 natural disasters are a growth industry.”

http://www.december212012.com/articles/general_information/7.shtml

Then there was the Albert Einstein statement “If the bee disappeared off the surface of the globe then man would only have four years of life left. No more bees, no more pollination, no more plants, no more animals, no more man.” (ed - It started I think in 2004- with the bee population declining)

 http://www.cbc.ca/technology/story/2008/06/10/f-bees-colony-mites.html)
http://www.december212012.com/articles/Albert-Einstein/Vanishing_Bee.htm
http://news.nationalgeographic.com/news/2004/10/1005_041005_honeybees.html

"The disappearing bee phenomena isn’t restricted to the US. In Europe countries are experiencing varying degrees of what investigators describe as “colony collapse disorder” (or CCD). Countries affected include Germany, Switzerland, Spain, Portugal, Italy and Greece. However the most serious losses have occurred in the US. On the West Coast keepers have seen bee population losses in the 30 to 60 percent range. On the East Coast and Texas it gets as high as 70%. These are catastrophic drops for an industry that considers around a 20% population decline to be an off-season norm."

Here is a PhD discussion along the lines of 2012 that I also found quite interesting.

http://www.december212012.com/articles/general_information/The_Shift_in_Human_Consciousness.htm

"That date is actually a very real physical astronomical date where there is a perfect alignment and where there is an opening in the cosmos that aligns with the central sun of our galaxy.  It seems as though it comes up in so many different belief systems & teachings you almost have to consider that it may be true."

In a book, Going Deeper, by American based author & columnist for United Press International, Jean-Claude
Koven he says that " if you are deeply saddened by the way humans treat each other, suffer from allergies & other sensitivities, feel alienated even from friends & family, are more comfortable with plants and animals than people you may be one of the 70 million wanders, here to assist in the impending shift of the universe."

"Koven backs up his view with scientific facts relating to recent changes in our solar system. He said the North Pole has already wandered some 1,100km into the Arctic Ocean and significant changes have been recorded in the earth’s gravity field that results in increased volcanic and tectonic activity.
He also cites a recent article in the Observer that talks about a clandestine report the US government has received from the Pentagon warning major European cities will be sunk beneath rising seas as Britain is plunged into a "Siberian" climate. Nuclear conflict, mega-droughts, famine and widespread rioting will erupt across the world.

The document predicts that abrupt climate change could bring the planet to the edge of anarchy as countries develop a nuclear threat to defend and secure dwindling food, water and energy supplies, and that the threat to global stability vastly eclipses that of terrorism. Koven says the mission of the Wanderers is to help evolve the consciousness of humanity during this time of  transition so that as many as possible, if they so choose, can live on the new fourth density Earth."
http://www.december212012.com/articles/general_information/8.shtml

"Throughout the thirteen-year tribulation that began on the winter solstice 1999 we can expect to see a number of dramatic events guiding us to our ultimate destiny in 2012. Among these events we can expect to see an increase in social and political unrest, new and untreatable pandemics, unusual and unpredictable weather patterns throughout the world, devastating natural disasters in the most unlikely of places, and man made devastation beyond our wildest imagination. Our economic well being will begin to decline and our overall feelings of insecurity and mistrust of the world and environment around us will escalate dramatically.  December 21, 2012 is not defined by its date in time, but by the events expected to take place on that very day. From an astrological standpoint, we know for a fact that out celestial bodies will align in such a way that has not happened in upwards of 26,000 years. We also know that our planet earth will complete what is known as the “precession of the equinoxes“ or earth’s wobble which also has not happened for nearly 26,000 years."

http://www.december212012.com/

Looks like man has aggravated the powers of the universe - or the universe is simply continuing to evolve.

Ok I am done weirding out on you but didn't you find it interesting?  Looks like at 5:11 am CST on Dec. 21st, 2012 will be a time to be out of bed & have a lunch packed for your journey into the 5th dimension.  Please put on clean shorts....... and again – No Farting.


.............................................................................................................

7-1-08 - 
It will continue to be very difficult to make money in this market so for heavens sake don't go bottom fishing yet.  Banks & financials look cheap but will become a lot cheaper in my opinion.  The oil prices are still a bubble ready to burst & I still have hope for Bernanke & the dollar.  

Also please understand that the reason I continue to feel Global Warming is a SCAM is because it is based on Co2 emissions being the cause & the facts contradict that theory.  I don't dispute the northern ice caps are melting but I don't think they are melting due to temperature above, but rather the temperature of the water has risen.  I also note that temperatures last year fell dramatically.  If Greenhouse Gasses are the problem, according to Al Gore & the United Nations then why wern't the developing countries subjected to the Tyoto agreement since China is one of the worst polluters in the world.  My answer is because they are using it as a scare tactic against the industrialized countries & the reasons are subversive.  I still don't understand why, in the Tyoto Agreement we had to give up our patent rights & make them available to other countries.

I can only hope that the general poplulation figures out that this entire Global Warming & Greenhouse Gas mania is a diversion of their thinking in order for a complete takeover by Socialists of our government & to form one world government.

I also hope they find out that Al Gore is a liar & that greenhouse emmissions from ethanol are actually 93% higher than gasoline according to The Edinburgh study-The study is published in the scientific journal Atmospheric Chemistry and Physics.

http://www.biodieselinvesting.com/biodiesel-archives/2008/02/20/study-finds-corn-ethanol-adding-to-greenhouse-gases/

I further hope that they find out that Al Gore has substantial investments in a group he formed.   "In November 2004 Al Gore co-founded the investment group Generation Investment Management (GIM) in London, England to take advantage of the "economic opportunities" global warming was sure to produce once governments placed artificial "caps" on carbon usage. Mind you the
"economic opportunities" only apply to a small number of people poised to profit off of strict government mandates restricting carbon consumption and emission. Individuals and companies which exceed the "cap" will have to purchase carbon offsets from a small group of companies which supposedly "offset" the amount of carbon by planting trees, building windmill farms, etc. Hence the term "cap and trade".  It is at this point Al Gore and his investment vultures are poised to profit. .................  And this is
why the hype surrounding global warming is so urgent; not because the planet is in peril, but because the profit must be made before the hoax is uncovered and the bubble burst.

Even Time magazine, a voice of global warming alarmism, now calls the U.S. and EU biofuel programs a “clean energy scam.”

http://newsbusters.org/blogs/noel-sheppard/2008/05/05/when-will-media-expose-gores-ethanol-investments

Another hope is that they find out that ironically one of the paid shills for Big Oil is big Al Gore with his family’s extensive holdings in the Occidental Petroleum Corporation (Oxy), from which the family had originally acquired its wealth, Al Gore Sr. being one of its presidents and Al Gore Jr. one of its beneficiaries.  

http://forums.crossdaily.com/m_2961077/mpage_1/key_/tm.htm

Let's allow the weather channel founder to present Al Gore
http://www.kusi.com/weather/colemanscorner/19842304.html

IT IS CONVENIENTLY forgotten today that former Vice President Al Gore, among other leftists, once advocated that the government artificially raise gas prices to discourage oil consumption. With the market having set gasoline at an average price of just under $3 a gallon, some interesting things are happening. For one, leftists are proclaiming their outrage at the high price of gas."
http://www.unionleader.com/article.aspx?headline=SUV+dinosaurs%3F+Enviros+get+what+they+want+at+last&articleId=4f6e7e50-4975-4950-9e15-2a5982e74716

"We could not find an occasion when Al Gore advocated $5-per-gallon gasoline, but many environmentalists are in favor of steps that would reduce the use of fossil fuels.  It's possible this is a reference to a speech he gave in the U.S. Senate on April 11, 1991 in which he voiced support of a National Academy of Sciences study.  He said it, "rings the alarm bells again and tells us of the urgent need to take action now to combat global warming."  Among the recommendations of the study was "restructuring energy
prices to more accurately reflect environmental costs."  
http://www.truthorfiction.com/rumors/a/anwar.htm

Ironically, the "scientific consensus" seems to be arguing the exact opposite of Gore’s position, but as long as there is a fortune to be made, Gore is certain to stick to his false claims. Recently on December 20, 2007 the United States Senate released its minority report in which it documents over 400 prominent scientists around the world disputing Al Gore’s claims. Previous to that, thousands of scientists had signed a petition also disputing the "man-made climate change" theory. Apparently to no avail. Their petition and their pleas for further study fell on deaf ears. Indeed some scientists were threatened if they spoke out. Others were
impugned to have been paid shills for Big Oil.

http://forums.crossdaily.com/m_2961077/mpage_1/key_/tm.htm

http://www.geocities.com/Pentagon/6315/gore.html



....................................................................................................................
 

6-30-08 -  The Huge Global Warming Socialist Farce & The Nobel Peace Prize.

I haven’t done a lot of ocean research but the main point is that the climate has cycles & nothing man does will affect these cycles & may in fact cause more harm.
 
The big problem, as I see it, is a worldwide attempt to diminish our world leadership.  Sure we will have individually owned or publicly owned corporations but they are swiftly being taken over by foreign corporations or are moving their facilities to polluting countries that are exempt from the Tyoto agreement.  So instead of polluting Chicago they will pollute China, etc. . .   Everything in America is now much cheaper by design.  If Global Warming is such a problem, why aren't all countries included in the agreement?

Years ago it was obvious we would not be able to sell American cars to the Japanese for example because union labor in our country for auto workers was about $40 an hour and that was around 1975 .......... years ago.  America had to figure out a way to lower our cost of goods and during that period we had what was called Stagflation.  Stagnant wages but severe inflation.  This effectively decreased our purchasing power which converted $40 worth of bread to $20 worth of bread.  The powers decided they simply could not lower wages enough without a revolt so this time around we chose to weaken the dollar in the world market as many countries peg their currencies to the dollar.  This way we would be able to sell more & reduce the trade deficit without actually lowering people’s wages.  That in and of itself was still not enough but with the added scare tactic of Global Warming the job should be finished.

I believe this entire scenario is (probably not in your lifetime) 
to have one world currency & one world marketplace.  So with that in place now, we will begin to see more exported goods vs. imported & we will see foreign companies coming to the U.S. to build their factories but right now just the opposite is happening as jobs are being exported to China, India, Mexico, etc.. Now when you couple that with Democracy vs. the world, it is obvious that Democracy is in the minority & the best place to see that is within the U.N.  Most countries don't like us and therefore vote against us.  It may be simple jealousy between the haves and the have not's.

So a question might be 'what is a half-way point between Communism & Democracy'?  And the answer might be Socialism.  So when you have most countries in the U.N. either communist or socialist, what better way to twist our arms than come up with a bogus plan to scare our citizens into believing we (the industrialized) are causing harm to our planet so we (the U.N.) have to devise a plan called the Tyoto Agreement that encourages all underprivileged nations to pollute like mad but convince the U.S. and other industrialized nations to stop.  That being done, it is quite obvious that the Tyoto agreement has nothing to do with Greenhouse Gases or Global Warming because one of the biggest polluters is China, India, & those who are exempted from the treaty.

Much of the info below is from other web sites that I have noted at the bottom, while the info above is just my inquisitive mind.

Now about that damned Nobel Prize.

"The first thing to note is that the Nobel Peace Prize at times takes the form of summary judgment, being issued in the same year as or the year immediately following the political act. Some commentators have suggested that to award a peace prize on the basis of unquantifiable contemporary opinion is unjust or possibly erroneous, especially as many of the judges cannot themselves be said to be impartial observers. "(ed - A really big problem right now as the FACTS don't fit the SCAM)
 
"The Norwegian Parliament appoints the Norwegian Nobel Committee, which selects the Laureate for the Peace Prize."
 
Getting the Nobel Prize is relatively easy. "The important thing to remember is that peace doesn't have much to do with it.............The best way to get credit in Oslo is to conduct your humanitarian pursuits while working with some vast global agency. (Such as the U.N.)......................The Peace Prize has also gone to Cordell Hull, who helped found the United Nations; to Dag Hammarskjöld, the former head of the United Nations; to Kofi Annan, another former head of the United Nations; and to a wide range of delegates to and officials within the United Nations. (ed - Another way is to kill a lot of people and then stop.)

My advice to anyone who wants to follow in the footsteps of Linus Pauling and the Dalai Lama is to ...................Start an organization devoted to murder and mayhem—something on the SPECTRE/Al Qaeda/Medellin Cartel model—and then agree to a truce. In theory, you could accomplish this in an afternoon, but to make a splash big enough to impress the Nobel judges it's probably best to bargain with something larger than the Nashville Police Department's hostage negotiations unit. Choose your target wisely."
 
http://www.reason.com/news/show/122958.html
 
"When the past nominations were released it was discovered that Adolf Hitler was nominated in 1939 by Erik Brandt, a member of the Swedish Parliament. Brandt retracted the nomination after a few days. Other infamous nominees included Joseph Stalin and  Benito Mussolini. However, since nomination requires only support from one qualified person (ed - e.g., a history professor or Bill Clinton to get Gore off of the campaign trail), these unusual nominations do not represent the opinions of the Nobel committee itself. (ed - worth repeating - these unusual nominations do not represent the opinions of the Nobel Committee)
 
Unlike the other Nobel Prizes, which recognize completed scientific or literary accomplishment, the Nobel Peace Prize may be awarded to persons or organizations that are in the process of resolving a conflict or creating peace. As some such processes have failed to create lasting peace, some Peace Prizes appear questionable in hindsight. For example, the awards given to Theodore Roosevelt (ed.-Who stated that the Spanish American war was fun), Jimmy Carter, Woodrow Wilson, Martin Luther King Jr., Shimon Peres, Yitzhak Rabin, Yasser Arafat, Lê Ðức Thọ and Henry Kissinger were particularly controversial and criticized; the Kissinger award prompted two dissenting Committee members to resign.
 
A particular claimed weakness of the Nobel Peace Prize awarding process is the swiftness of recognition. The scientific and literary Nobel Prizes are usually issued in retrospect, often two or three decades after the awarded achievement, thus representing a  time-proven confirmation and balance of approval by the established academic community, seldom contradicted by newer developments. In contrast, in pro-democracy struggles, it may be said that the 'real' peace-makers may not be recognized for their long-term or subtle approaches. However, others have pointed to the uniqueness of the Peace Prize in that its high profile can often focus world attention on particular problems and possibly aid in the peace-efforts themselves."
 
The IPCC (Intergovernmental Panel on Climate Change) does not carry out research, nor does it monitor climate or related phenomena. A main activity of the IPCC is publishing special reports on topics relevant to the implementation of the UN Framework Convention on Climate Change (UNFCCC), an international treaty that acknowledges the possibility of harmful climate change; implementation of the UNFCCC led eventually to the Kyoto Protocol. The IPCC bases its assessment mainly on peer reviewed and published scientific literature."
 
(ed-) Of course now we have the problem that the facts don't fit the farce and millions of people are dependent on these governmental grants to survive.  Hence we have the NASA scientist, Dr. James Hansen, now wanting to punish nay-sayers with "Crimes Against Humanity" and that broad at the Weather Channel, Heidi Cullen" who wants to take away the academic credentials of those opposed to Global Warming, which comprises most of the weather experts. 

 "Modern liberalism is based on socialism. Socialism requires that all citizens be stripped of their rights and accept themselves as property of the state. What better way to get people to sell themselves into slavery than to say that it is necessary to save the planet."
Democracy in action - Are you pissed yet?

http://answers.yahoo.com/question/index?qid=20080117174005AAPhkAA  
http://www.foxnews.com/story/0,2933,370521,00.html
http://epw.senate.gov/public/index.cfm?FuseAction=PressRoom.Blogs&ContentRecord_id=32abc0b0-802a-23ad-440a-88824bb8e528
http://en.wikipedia.org/wiki/Nobel_Peace_Prize

.........................................................................................................................

6-29-08 -
I am sorry but after researching for Today's Question I just ended up laughing my ass off.
 

How stupid can Global Warming supporters become?  (you have no idea)
 
New Zealand scientists claim to have developed a "flatulence inoculation" aimed at cutting down on the massive amount of methane produced by its sheep and cows. 45 million sheep and 10 million cattle in New Zealand burped and farted about 90 percent of that country's methane emissions, according to government figures.

http://www.telegraph.co.uk/news/newstopics/howaboutthat/2076607/Sheep-flatulence-inoculation-developed.html
 
On the other side of the cattle fence -
Kangaroo Farts Could Help Curb Warming.  Australian scientists worried about global warming have turned to one of Mother Nature's cleanest "natural gas" producers, the kangaroo, for help. It seems that when kangaroos fart, the stuff contains none of the methane produced by cattle and sheep breaking wind. Scientists want to transfer the bacteria from kangaroos' stomachs to those animals to cut down on their noxious emissions.
 
If you wish to have some of that government money, then submit your application for a research grant on this:
To date I have found no scientific reports on Redneck Chili Farts but watch out Bubba.  You may find your ass connected to a Hummer.