Apparently Earth has joined Chris Matthews in that President Obama sends chills up its legs too. President Obama’s science advisor, John Holdren, is proposing an option of “shooting pollution particles into the upper atmosphere to reflect the sun’s rays.” This would be funny if it was not true.
The story: http://hosted.ap.org/dynamic/stories/S/SCI_OBAMA_SCIENCE_ADVISER?SITE=WTMJ&SECTION=HOME&TEMPLATE=DEFAULT
Video:
The solution to man-made global warming (or is it now climate change?) is to introduce man-made global cooling by adding pollutants?
Does Mr. Holdren know how many particles it would take to reflect that amount of the sun’s rays to affect the temperature? The earth’s surface area is over 500 million square kilometers, not to mention the increase in the surface area at the upper atmospheric level.
What is the global temperature supposed to be? Mark Belling touched on this during his afternoon broadcast on April 8, but when this story first came out in the morning on April 8, it made this observer contemplate the same question.
Are the actions of one nation (the United States) going to cause the earth to cool?
Grapes grew on Greenland at one point, but then glaciers formed the beautiful topography in the Kettle Moraine area of Wisconsin. The climate changes over time.
First it was “global warming.” Then “climate change” when the earth ceased warming. Holdren likes the term “global climate disruption,” whatever that means.
This is yet another illustration that the administration has too many rookies that are over their heads.
Friday, April 10, 2009
The AIG Hypocrisy
AIG has now become a pejorative. AIG has now become the example of how “big business” has ruined the American economy. AIG received bailout money and then awarded bonuses to some of its executives in its financial products division. This division, especially in its departments of equities and commodities, had proven to be very sound financially. Jake DeSantis, the now noteworthy former executive VP in AIG’s financial products division, cited his own frustration over the misrepresentation of his and many of his colleagues’ work. He and many others working for AIG expressed concerns about the increase in sub-prime mortgages which had been given the green light by Congress’s Financial Services Committee (the chairman being none other than Rep. Barney Frank).
Undeniably, AIG made a large timing blunder in awarding the bonuses. However, the outrage was especially due to the fact that public money had been given to AIG while bailout-mania swept through American economic policy. Now that AIG had received public money, they had to know that they may not be able to make their own decisions since the federal government would now be looking over their shoulders.
When AIG awarded the bonuses according to the contracts the executives within the company had signed, President Obama himself expressed his own disgust for the bonuses along with Chris Dodd, one of the Senators who had changed language within the stimulus bill that ensured the bonuses would be awarded. The stimulus bill had the language? Chris Dodd got caught in a lie. He then blames Treasury Secretary Timothy Geithner for pressuring him to put this condition into the bill.
That means that if Dodd is right, Geithner obviously knew about the bonuses and that, in turn, the Obama Administration knew about the bonuses in this amendment of the stimulus bill. Does this mean that their outrage was about something they knew perfectly well was going to happen?
This debacle has since led other banks and lending institutions to reconsider taking government money since they are aware of the strings attached to it. AIG’s new CEO, Edward Liddy, was pilloried for these bonuses that he did not create and AIG’s reputation has been severely tainted.
This just tells of the hypocrisy and completely phony outrage of the current administration and Congress. The punitive tax that was being discussed did not pass, but that would have taxed the bonuses at a rate of 95%. Just because Congress does not like how much money someone has, they now have the power to tax whoever they want? Some may think that is a disturbing proposition.
AIG may have timed these bonuses at a bad time. They are learning the hard lesson that goes along with accepting the government’s money.
Where is the outrage over a government that is looking to run a federal deficit that is 13% of its gross national product? Again, this would be like spending $113 per day when only making $100 per day. If this is done for a year, the person making $100 per day makes $36,500 per year, but then spends $41,245 per year. This makes a deficit of $4,745 per year. This is a small scale model of the Obama Administration’s budget.
Does this not sound dangerous? Yet they are lecturing AIG for wasting taxpayer money. A tax cheat (the Secretary of the Treasury) and the Congress presiding over a massive deficit lectures someone for mismanaging money. If it was not true, this would be funny.
Undeniably, AIG made a large timing blunder in awarding the bonuses. However, the outrage was especially due to the fact that public money had been given to AIG while bailout-mania swept through American economic policy. Now that AIG had received public money, they had to know that they may not be able to make their own decisions since the federal government would now be looking over their shoulders.
When AIG awarded the bonuses according to the contracts the executives within the company had signed, President Obama himself expressed his own disgust for the bonuses along with Chris Dodd, one of the Senators who had changed language within the stimulus bill that ensured the bonuses would be awarded. The stimulus bill had the language? Chris Dodd got caught in a lie. He then blames Treasury Secretary Timothy Geithner for pressuring him to put this condition into the bill.
That means that if Dodd is right, Geithner obviously knew about the bonuses and that, in turn, the Obama Administration knew about the bonuses in this amendment of the stimulus bill. Does this mean that their outrage was about something they knew perfectly well was going to happen?
This debacle has since led other banks and lending institutions to reconsider taking government money since they are aware of the strings attached to it. AIG’s new CEO, Edward Liddy, was pilloried for these bonuses that he did not create and AIG’s reputation has been severely tainted.
This just tells of the hypocrisy and completely phony outrage of the current administration and Congress. The punitive tax that was being discussed did not pass, but that would have taxed the bonuses at a rate of 95%. Just because Congress does not like how much money someone has, they now have the power to tax whoever they want? Some may think that is a disturbing proposition.
AIG may have timed these bonuses at a bad time. They are learning the hard lesson that goes along with accepting the government’s money.
Where is the outrage over a government that is looking to run a federal deficit that is 13% of its gross national product? Again, this would be like spending $113 per day when only making $100 per day. If this is done for a year, the person making $100 per day makes $36,500 per year, but then spends $41,245 per year. This makes a deficit of $4,745 per year. This is a small scale model of the Obama Administration’s budget.
Does this not sound dangerous? Yet they are lecturing AIG for wasting taxpayer money. A tax cheat (the Secretary of the Treasury) and the Congress presiding over a massive deficit lectures someone for mismanaging money. If it was not true, this would be funny.
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