Global Warming: The Issue Is Not the Issue

So about two weeks ago Sen. John Kerry, a lead author of the looming Kerry-Graham-Lieberman global warming/cap-and-trade legislation said about his bill, to disassociate from Earth Day loopiness: This is not an environment bill.

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No kidding. No one on the planet claims it would change the climate in any way our most sophisticated instrumentation could discern. It's about power. Hence the title of books like "Power Grab".

Today we read in E&E Daily, from another co-sponsor Sen. Lindsey Graham: "It's not a global warming bill to me. Because global warming as a reason to pass legislation doesn't exist anymore. "

Oddly, both remarkable statements have been ignored by the establishment press, slavish as they are to also seeing this agenda through to the end because, as Sen. Tim Wirth said in 1988 and Barack Obama in his 2010 State of the Union address, even if you don't buy the excuse, their agenda is still "the right thing to do."



As I have been saying for some time and just published a book making the case: the issue is not the issue. The global warming then climate change then, uh, it's jobs, that's it, jobs, or maybe national security or...I dunno, what appeals to you? ... agenda for promoting the energy-scarcity list of mandates, wealth transfers and lifestyle restrictions were just excuses for doing what these people have long insisted they, as your betters, be able to do to you.

Get this reality now, or wake up one day and wonder why you didn't before it was too late.

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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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