A blog revealing the horrors of Islam,International Socialism,the misery these two evils are inflicting upon the free the world,and those it has already enslaved,along with various articles revealing the attacks from within upon the western Judeo Christian ethic by those we entrusted to preserve it. Videos and Pictures of many varied subjects from around the world, along with some jokes of mine and any funny ones you want to send me.
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Winston Churchill. Pg.310 “The Hell Makers” John C. Grover ISBN # 0 7316 1918 8
This matters above everything.
—Confucius
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--------Check this out, what an Bum WOW!!!!
Wednesday, December 02, 2009
Get ready for the sub-prime carbon bubble.
The Rubber Duckies: Deutsche Bank’s countdown to the carbon bubble
This year’s Corporate Rubber Duck Award goes to Deutsche Bank and the world’s financial institutions. The crass willingness of the world’s banks and investment houses to jump on to the global warming crusade reached a new low of irrational exuberance this week with the erection in Manhattan of an eight-story high Deutsche Bank carbon counter. The rolling digital clock flies through digits at the rate of about 1000 tonnes a second —the rate at which greenhouse gasses are accumulating in the atmosphere.
For a second yesterday afternoon, the counter stood at 3,642,124,591,652 — before it moved on. Why would Deutsche Bank do this? Because in those numbers Deutsche Bank, and all the other big financial blunderers who delivered today’s financial crisis, are gearing up to cash in on the next big wave, carbon markets and green investing.
To banks and financial players now lobbying Washington, Ottawa and governments everywhere, the rolling carbon counter is a rolling dollar counter. At 1,000 tonnes a second, if each tonne could be hit with a $50 carbon tax or carbon trading fee, that’s $50,000 a second, which works out to $2-billion a month. The potential, obviously, is in the trillions of dollars — bigger, even, than the global sub-prime crash.
Citigroup, Bank of America, Merrill Lynch and Goldman Sachs are all part of campaigns to push the Obama administration to adopt carbon trading.
Earlier this year, Kevin Parker, head of Deutsche Asset Management, urged Washington to give “direction and boost” to global warming policy and carbon trading. “The nation is at a rare crossroads. With the right direction and boost from Washington, American business and investors can take a lead role in the global clean energy future.”
So much for claims by David Suzuki that the world’s corporate capitalists are leading a conspiracy against global warming science. Big business isn’t fighting global warming; it’s the new vanguard.
When financial institutions join government in reshaping the economic landscape — as they did with the U.S. housing market, based on various junk-science financial models — what happens? The sub-prime housing bubble has burst. Get ready for the sub-prime carbon bubble.
The previous leader of the Australian federal opposition,the Liberal Party, Mr Malcolm Turnbull,was Chairman and Managing Director, Goldman Sachs Australia 1997-2001.Partner, Goldman Sachs and Co 1998-2001.
Mr Turnbull was, on Monday December 1 2009, replaced by Mr Tony Abbott in a leadership spill.
The left faction of the Liberal Party, and the main stream media, had anointed Mr Joe Hockey as Mr Turnbull’s replacement.
Mr Hockey’s wife,Melissa Babbage,is head of foreign exchange and global finance at Deutsche Bank.
Australians 1, Rudd and International Socialism 0
Tony Abbott:Rudd’s worst nightmare ? a Federal Opposition leader at last… Oh BTW Interest Rates went up AGAIN.
Tony Abbott Australia’s last chance of remaining a sovereign state ?
Australians 1, Rudd and International Socialism 0
The Australian Senate voted against the Rudd Socialist Labor Government’s Emissions Trading Scheme,ETS.
The People have won this round of Labor’s attempt to drive Australia and it’s people into been just another third world crap hole all in the name of Global Warming,Climate Change or The Weather.
PM Rudd was counting on appearing at the upcoming Copenhagen gab fest waving a piece of paper in the air declaring that Australians are the first to be sacrificed upon the alter of the Anthropogenic Global Warming scam, thereby ingratiating himself to his fellow International Socialists who he had hoped would fall about themselves patting him on the head telling him what a good little Comrade he was.
The fight is not over,however Australians may well be on the way to cutting the chains that have shackled us since the election of the Kevin 07 “I have never been a Socialist” Rudd, Socialist Marxist Union funded Labor Government.
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