What's Da Buzz?

This final part of the Schiff and Celente summary focuses on what the politicians have been promising and pushing. This also factors into their predictions as what is said by the politicians doesn’t stay in reality and the consequences of their planned interference.

For this we can look at the proposed Cap & Trade and the proposed massive infrastructure project. Neither will work for their intended goals and both will make matters far worse as predicted.

The wide ranging infrastructure goals he’s claimed will have a tough time in reality. To quote Obama:

“help save or create at least 2.5 million jobs, while rebuilding our infrastructure, improving our schools, reducing our dependence on oil, and saving billions of dollars.”

That is ignoring the reality of how the oil is actually used. It is also ignoring the process needed in designing the projects, having qualified and experienced crews executing the projects after all of the permits and studies are done, and any number of the details you can find out from anyone that works in a Highway Department. Making schools energy efficient is irrelevant when the performance of the schools was ruined by Federal interference. That undercut the science and math needed to direct, design and operate the projects. It doesn’t touch the legal challenges he’ll face over his citizenship status choking off any of his plans; the construction companies that will be up in arms at work taken away; and any other group that will go to court.

All of that doesn’t take into account the proposed Cap & Trade which would destroy any effort to help the economy by destroying all phases of it. As has been pointed out before in the Global Warming Craze part I and II, data seen in the graphs showing the temps are dropping after rising courtesy of air conditioner installations near the weather stations, and additional findings point that the greenhouse gases are not a likely cause. But don’t take my word for it; take Obama at his own words.

Yes, he said he intends to make our energy bills skyrocket. How will that help production, manufacturing, elderly on fixed incomes, cost controls on products, those barely making it now leading to more foreclosures, those trying to dig out of debt, or any industry such as those who make the materials used in infrastructure?

This is why Celente and Schiff have predicted very bad times for the USA. Let me add in one other factor, the production and manufacturing of any nation is their basis for recovering from a depression or recession. Congress has chased away the core part of our manufacturing base requiring the USA to be dependent on foreign investment. If the economy is poorly managed at the federal level, the country is doomed when the investors see that the USA is a poor investment risk and turn elsewhere.

They are proposing even more spending backed up by no means of monetary generation. No taxes can cover it especially if the economy is gutted by a foolish attempt to stop CO2 which isn’t even a problem. To quote a couple prominent scientists:

“Warming fears are the “worst scientific scandal in the history … . When people come to know what the truth is, they will feel deceived by science and scientists.” — U.N. IPCC Japanese Scientist Dr. Kiminori Itoh, an award-winning Ph.D. environmental physical chemist.

“CO2 emissions make absolutely no difference one way or another … . Every scientist knows this, but it doesn’t pay to say so … . Global warming, as a political vehicle, keeps Europeans in the driver’s seat and developing nations walking barefoot.” — Dr. Takeda Kunihiko, vice-chancellor of the Institute of Science and Technology Research at Chubu University in Japan.”

The question at the end of the video holds. There are many promises and many statements but they avoid the primary question. How is it all getting paid for? Lots of promises and lots of expectations of people paying huge price tags on many things are being thrown around so control can be maintained.

How are the taxpayers supposed to support the runaway spending? With what?

Thanks,

Anah

Credits:   The MatureKid – for helping me with this entry.

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