In this stage of advanced globalization, banks earnings and corporate profits continue to soar even as real wages continue to plummet. This does not just lead to mass poverty and unrest, but it sows the seeds for geopolitical conflict and military confrontation. Find out more about this relationship in this week's GRTV Backgrounder on Global Research TV.
Almost a week late I learned of new tariffs on Chinese solar imports. Yahoo! It's about time. Then I read this article on Forbes entitled "The US Should Be Dissatisfied With The Anti-China Solar Subsidy Tariffs" and I thought WTF? Why? Only a Fossil fuel loving staunchy old Republican or globalist could say that!
Tim Worstall writes:
This is one of those great moments in stupidity over trade policy... The US governments, at both Federal and State level, are
going all out to subsidise the installation of solar panels. Given the
worries over climate change this might seem sensible enough. For the
problem is that solar PV is still more expensive than juice taken
straight from the grid in most places. So there’s not enough
substitution from coal derived electricity to non-emitting solar. Given
this massive expenditure it really is an action of the highest idiocy to
then slap import tariffs on people who can provide those solar panels
more cheaply.
Don't forget Tim that we subsidize the oil and natural gas industry with our military. The Seven Sisters couldn't get their oil out of Nigeria, Iraq, Venezuela, Ukraine, or even Mexico for that matter if we didn't run all out wars against them. Only an ignorant fool can deny that our military is almost completely designed to protect the interests of the oligarchy that run this country.
He goes on to say:
Further, assuming that you already agree with the ideas behind
climate change and the desires to do something about it, we would like
to encourage the move away from fossil fuels and over to renewables.
Obviously, the cheaper those renewables are the greater the
encouragement to make the move. So, to this end the US government, at
the various different levels of it, provides subsidies to households to
install such solar panels. There’s also low cost loans and guarantees to
manufacturers (Solyndra anyone?). And various policies that insist that
utilities must source some of their electricity, at higher than normal
prices, from renewables based generators. Whether those are all the correct policies or not is another matter
(I favour imposing a carbon tax and that’s the end of it). But there is
most certainly a large amount of money being expended on increasing the
take up of solar panels.
Just getting things as cheap as possible is a dumb idea too.
We've seen what Walmart does to our own local economies with their tax
breaks and economies of scale and White House support. We need to make more things in America and not just derivatives, weapons of mass destruction and so forth. We need to produce and invest more in sustainable goods that have a shelf life of more than 3 weeks. Oh, and a Carbon Tax is another bankster idea related to UN Agenda 21, the Rockefellers, the Rothschilds, and the British Crown. It's part and parcel with the global warming nonsense.
He wraps up by saying:
This is just nuts. If people want to offer us free money the correct
response is to say “Thank you, come again”.
Come on Tim. Nothing is free. You should know that by now.
Below is my comment on the Forbes website. Let's see if they take it down because I mention the Council on Foreign Relations.
Tim,
I think this is a
GREAT STEP FORWARD! The USA needs protectionism after YEARS of hollowing
out our industries to the globalist profits. We've given China every
opportunity to take over the world and soon they will, but perhaps we
can build a decent solar industry with REAL JOBS right here in the USA.
This
doesn't need to be a response to the man-made climate change nonsense
being spread by the very same bankster globalists that run the media - I
am of course referring to the Council on Foreign Relations - the Big
Club that dominates EVERY SINGLE ADMINISTRATION since Woodrow Wilson.
Tariffs
on China's heavily subsidized solar industry is a good thing IF it
stimulates domestic production and residential, government, military,
and commercial consumption continues to grow.
This is a VERY
POSITIVE move to reduce demand for nuclear which is a complete disaster,
for natural gas which is overstated and has horrible environmental
impacts vis a vis fracking, and for foreign oil, which requires WAR!
What
I can't figure out is how we got this through without BigOil and the
CFR from interfering. There must be something else, some hidden agenda,
some kickbacks, or long term plan to rip it out - or the CFR intends
for this to simply escalate the currency and trade wars with China as
the Shanghai Cooperation Organization becomes a force of its own.
If
I had my druthers, we would be taking advantage of the latest Farm Bill
provisions that allows for research into industrial hemp. Perhaps we
could make solar panels from American grown hemp in the future!
First, listen to John Perkins, author of "Confessions of an Economic Hitman". This is how countries get hoodwinked.
Let's look back to March 5, 2014 when GRTV released this video about "Foreign Intervention in Ukraine"
As the Ukrainian crisis continues to unfold, the foreign funding and backing for the current destabilization becomes more apparent. Now geopolitical analysts across the board analyze the roots of the situation, and whether this conflict is sowing the seeds of the next major war. This is the GRTV Backgrounder on Global Research TV.
Now fast forward to this week when Obama announced he was seeking $1 Billion from Congress to fund troops and military hardware to reassure Europe that we would be there in case mighty Russia decides to invade Poland or some nonsense like that.
U.S. President Barack Obama, arriving in Poland today, announced a $1 billion fund to help boost defensive capabilities of European allies shaken by Russia’s annexation of the Crimean peninsula fromUkraine.
Obama will officially call on Congress to approve the fund this afternoon during a joint press conference with Polish President Bronislaw Komorowski in Warsaw. The “European Reassurance Fund” will build on previously announced measures by increasing the capability, readiness, and responsiveness of North Atlantic Treaty Organization forces to address continued threats and deter further destabilizing activities, according to a White House fact sheet.”
This to me looks like a classical Hegelian dialectic situation. Perhaps you've never heard of that before. While it's a long story about WHY it is not taught in the USA, the short story is that the elitists don't want you to think critically because that could foil their dastardly plans.
Here is a simple way to look at the situation:
Problem: Ukraine erupted in civil unrest due in part to the $5 billion spent by the USA government and NGO's. Reaction: Russia sees a threat to its border and responds with assistance to Crimea which annexes from Ukraine over to Russia.
Solution:
The USA should pour more money into troops, training, and other
military assistance to "reassure" Europe that we are on their side to
protect them from the menace of Russia.
These are YOUR tax dollars hard at work. USAID, CIA, State Department and let's not forget the think tanks, such as the Council on Foreign Relations, and their relationship to the military industrial complex that benefits from warmongering. You SHOULD BE FURIOUS!
At a minimum, you should #JustSayNO and let your members of Congress know how you feel.
When it comes to abusing their power to silence critics of Big Government, the IRS does not know when to
quit.
Just last
month, I voted to hold former IRS official Lois Lerner in contempt of
Congress for her refusal to testify at the House Committee on Oversight
and Government Reform’s hearings investigating the IRS’s targeting
of pro-liberty groups.
And as you may have heard, the IRS is threatening my friends at
Campaign
for Liberty with massive fines — trying to force Campaign for Liberty to
divulge sensitive contributor information on a handful of supporters.
Campaign for Liberty is one of the most effective pro-liberty organizations in
America.
They have made a difference on issues such as Audit the Fed, ending NSA
spying, and my legislation stopping the FDA’s war on raw milk.
If the IRS is successful in
crippling Campaign for Liberty, it will be a major blow to the movement to restore American freedom.
And the IRS will likely be emboldened to go after other groups — and
even individuals — that actively oppose the status quo.
That’s why it’s important you read Campaign for Liberty Chairman Ron Paul’s letter below
if you have not yet done so and help Campaign
for Liberty fight back against the IRS.
If you have taken action, please share
this letter with a friend.
In Liberty, The Hon. Thomas Massie
(R-KY) U.S. Congressman
Dear Citizen,
The message is loud and clear.
Of
the tens of thousands of Emergency C4L Supporter Ballots received so far, a whopping 97% say Campaign for Liberty should STAND AND
FIGHT the IRS' demand that we turn over sensitive contributor information.
So if
they want a fight, let's give them a fight!
That's why we’re instructing our legal team
to prepare for an all-out battle with the IRS, if it refuses to back down.
And that's also why
I'm announcing our "Battle with the IRS" blitz starting today with the
goal of raising $110,000 by next Friday, June 6, at midnight.
I'll give you the link to help out with this critical effort in just a moment. But first let me tell
you why I believe this fight deserves your most generous financial support.
As a 501(c)(4)
organization under IRS law, all Campaign for Liberty contributor information is supposed to be confidential.
This is a critical protection I wholeheartedly support.
But the IRS is demanding
sensitive contributor information on Campaign for Liberty’s top donors,
pointing to a rarely enforced and unconstitutional bureaucratic rule.
And they’re claiming we’re being fined for an “incomplete” return.
But I'm afraid the real reason is something far more sinister - our Liberty Movement is
growing.
Only a few years ago, you and I were barely a “blip” on the political
screen.
But there’s no denying things have changed, when you consider:
*** Audit the Fed is now a top issue in American politics, with the majority of the U.S. House signed on as
cosponsors;
*** The bipartisan National Internet Tax Mandate and the National ID database scheme
were supposed to sail through Congress, but you and I have so far held them both off;
***
More and more Americans now oppose radical federal government spying
programs and - as we saw with Syria - are more skeptical than ever of
foreign
military adventurism;
*** Today, we see a growing crop of new Liberty Movement supporters
such as Rand Paul (R-KY), Mike Lee (R-UT), and Ted Cruz (R-TX) in the
U.S. Senate, and Thomas Massie (R-KY) and Justin Amash (R-MI) in the
U.S. House.
Liberty-minded Americans’ efforts are at the heart of all this success.
And the statists know these are just the beginning stages of a massive nationwide R3VOLUTION that can usher in a
new era of liberty and limited government in America.
Citizen, that’s why we’re
being targeted.
That’s why the statists in BOTH parties want so much to shut us up and
shut us down.
But I'm not backing down.
I won't be bullied or intimidated by bureaucrats at the IRS.
Campaign for Liberty is going
to fight back against the IRS with everything we've got.
And, Citizen, I'm counting on you
to be in my corner.
As
I'm sure you can imagine, a massive legal fight with the IRS won't be cheap.
On top of the
outrageous, nearly $13,000 fine - with DAILY penalties - already levied
against C4L, there's also the costs of legal fees, staff time, and other
court-related expenses.
And the truth is, it's impossible to know how long this type of legal
fight could go on.
But this is the IRS we’re talking about. This is not a game.
In fact, I'm asking all Campaign for Liberty supporters to go above and beyond what they’ve done in the past.
This battle is just that important.
But if $100 is just too much,
won’t you please agree to contribute $50 or at least $25?
Even if all you can do is
chip in $5 right now, any amount
you can afford to contribute will make a difference in this fight.
Not only will your
contribution help C4L stand up to the IRS, but it’ll also help make sure
we don’t have to cut back on our other efforts to do so.
Citizen, this is the price you pay for daring to stand up to a federal government that wants to keep
taxing, spending, and printing every American into the poorhouse.
But when it comes to
protecting the privacy of Campaign for Liberty's contributors, it's a price I'm willing to pay.
Towards the end of this show there is an excellent compilation of Hillary Clinton corruption stories. It's a start towards a mashup on "Why #HillaryClinton Should NOT be POTUS in 2016".
You've heard all the excuses: There's no inflation. America is producing more oil and natural gas than ever. If we could just get access to all that oil in Alaska. Drill baby drill.
Right. Ok, now pay attention. See the chart below. Oil prices are really high relative to the recent past.
The following chart comes from Gail Tverberg's post on "Our Infinite World" where you can learn a lot about how oil prices impact the economy.
Figure
1. World Oil Supply Growth vs Growth in World GDP, based on exponential
trend lines fitted to values for selected groups of years. World GDP
based on USDA Economic Research Data.
The video below does a great job of explaining how the price of oil fits in with all other major economic factors.
Drones! Drones! everywhere,
doing everything from surveying Catastrophes,
filming movies, providing wireless Internet
access via Facebook or Google, delivering
movies or iPads via Amazon, or even policing
California neighborhoods on the ground or
in the skies.One thing is for sure, they will not question
orders, nor complain about benefits but they will be collecting wifi and
wireless signals from every device nearby like an English rubbish bin, recording everything they see.
You may even want to get your own drone spotting app so you can see them coming!
Well, you've probably seen the George Soros, Federal Reserve, International Bankers Octopus, or the Goldman Sachs and their Vampire Squid analogy. Now you have one for the right wing of the so-called Left Right paradigm. Introducing the Kochtopus.
Let's just put it this way, at the very top of the money pyramid sit the elitists who do not want you to know exactly how they got there, what they did to get there, nor how to replicate the process on your own.
All the major mainstream media released the same government propaganda piece this morning as Obama escalates the tensions with Russia, right on queue after the Bilderberg meeting last weekend. This article from Bloomberg positions it as a European Reassurance Fund, as if they are going to sell shares in the investment.
Photographer: Elisabetta Villa/Getty Images
President Barack Obama meets Italian Premier Matteo Renzi at Villa Madama on March 27, 2014 in Rome.
U.S. President Barack Obama, arriving in Poland today, announced a $1 billion fund to help boost defensive capabilities of European allies shaken by Russia’s annexation of the Crimean peninsula fromUkraine.
Obama will officially call on Congress to approve the fund this afternoon during a joint press conference with Polish President Bronislaw Komorowski in Warsaw. The “European Reassurance Fund” will build on previously announced measures by increasing the capability, readiness, and responsiveness of North Atlantic Treaty Organization forces to address continued threats and deter further destabilizing activities, according to a White House fact sheet.”
And if you fall for this line of BS then you really are an Obamabot! The United States is the greatest debtor nation in the history of the world. Is there any point adding troops to the fire in Europe for the alleged purpose of promoting peace and stability in the region.
Does anyone buy the nonsense? They US and its protected NGOs started the revolution-turn civil war in Ukraine (see previous posts about Nuland leak and Soros' Open Society involvement). Putin and Russia then respond, and now we are putting more troops in Europe to reassure our European allies that we've got their back?
Be sure to share this article and related tweets with your Congressman so they know to #JustSayNO to Obama's warmongering request.