Statistics

Yellen, Bankers Yellin’ ‘Bout $150 TRILLION To “Fix” Global Warming

After our government let us down with 9/11, some Congresscreature’s lobbyist had the bright idea that became the Patriot Act. Named, as all things must be these days, for the opposite of its true intent.

We all know about the creation of the TSA, and the enhanced security theater and ritual humiliations we are now forced to undergo to travel. But maybe you forgot the Act’s main effect.

I lived in Manhattan for many years, before 9/11 and long after. I also frequented a small town in another state in summer, the home of a small ferry you’ve never heard of. This ferry would never, not ever, attract the attention of global terrorists. It wouldn’t even swim into the mind of a local domestic lunatic blitzing out of a blind pig at four in the morning with a grudge against the world.

Manhattan’s Queensboro bridge and that ferry shared one thing in common because of the Patriot Act. Both had utterly useless cheesy expensive fences built around them. For, they said, safety against terrorism.

On the bridge, a short chain link fence now runs along the north pedestrian side which even a drunk one-armed blind cheerleader could climb. The one around the ferry is even more useless, the gate necessarily having to remain open at most times.

Both objects are what nobody wanted, nobody needed, and will do nothing in even the smallest degree to stop terrorism or protect anybody from anything.

So why are they there? For friends of the lobbyists who wrote the Act to receive legal payouts.

The Patriot Act was a formal mechanism to legally take money from the government, and you, and distribute to the connected. Perhaps, for the sake of appearances, a paltry amount was spent on actual security, but it is difficult to find examples. Most of the money was blown on things like those preposterously expensive x-ray machines we have to pose in, the funds going to an ex-government official who helped create the Patriot Act.

Well, corruption in government is timeless, and it would be naive of us to suppose it can be eliminated. There is always a background level of graft which, because of its ubiquity, we can anticipate and work around. Because it is so normal, minor forms of stealing don’t do great harm.

It is only at a society’s fall that the theft becomes debilitating.

Huge enormous stupendous cash grabs are now common. We saw it in the so-called Infrastructure Bill (to which propagandists always affix “bipartisan”). And now we’ll see it in global cooling a.k.a. global warming a.k.a. climate change.

Janet Yellen, who has made a career of printing money, said the best way to “solve” global cooling (etc.) is to spend $100 TRILLION to $150 TRILLION. With a T.

She said, echoing many ill informed midwits who have found themselves in charge, that the world needs to eliminate “carbon-intensive economies”.

Carbon intensive.

Well, lots of luck removing carbon from the economy. Why don’t we start by sequestering yours, Yellen?

Anyway, she said “addressing climate change is the greatest economic opportunity of our time.”

Suppose you made $20 hour and worked a standard number of hours a year. It would take 2.5 BILLION years to make $100 TRILLION. Or it would take 2.5 BILLION people working one solid year. Or 3.75 BILLION people working one solid year to make $150 TRILLION.

There are 7.75 billion people in the world. The World Bank says about two thirds of these are working age, 15-64. That’s 5.1 billion.

In other words, three out of every four people would have to work one solid year to pay for Yellen’s redistribution scheme. And that’s before considering the world average wage is only about $9.

That means we need closer to 8.3 BILLION people slaving away for an entire year to make Yellen’s figure. Out of about 5 billion.

Gist is this: everybody that can work needs to work for about two years to pay to “solve” global warming.

We already know where the money will go. We have already seen that wind and solar power are fake and gay. In order to provide for the equivalent amount of energy we get from fossil fuels and nuclear, every square inch of the surface area of Texas, California, Oregon and your choice of some other small state would have to be festooned with windmills. And something about the same is true for solar.

Banks are behind Yellen’s grab. The WSJ reports “The global finance industry, its regulators and investors pledge trillions in funding to reduce carbon emissions”.

How will they spend these trillions? In the same way the Patriot Act made us safer from terrorism by spending millions on fences that keep nothing out.

This is the biggest income redistribution scheme ever proposed. They will take from the poor and give to the rich. They will convince the poor it is necessary because the temperature might soar a tenth of a degree in the next century. (It doesn’t sound frightening until they say it.)

They will say only they can save their world, arguing that the more they spend on themselves, the cooler we will all be.

You will own nothing and be happy.

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Categories: Statistics

18 replies »

  1. Another double-plus bonus for the climate hucksters (they are Legion), is “Government Tracking” which is now called for by one of their hucksters-in-chief, Al Gore, Jr., son of noted Democrat racist Al Gore, Sr.

    Al Gore Junior’s heart is cold towards us “little people”, because he’s living in his inherited 20K+ SF air-conditioned Tennessee mansion, flying around the globe on his private jet(s), collecting fees for speaking engagements to climate sycophants, and selling his climate-hustle books and carbon-credit schemes, all of which have earned him in excess of $200 million, which is a mere drop in Janet Yellen’s climate-hustle bucket.

    Al Gore Junior is also cold because, as he lamented to his massage therapist, his second Chakra is frozen ?

    https://lidblog.com/gore-calling-for-government-tracking/

  2. North America’s only growth industry is health and environmental grift. Everything else is off-shored.

  3. Ann: The Gores do not have hearts. Period.
    Huerfano: Really? You think neither of these is offshored?
    ********
    We all know “Build Back Better” is corporate cronyism and that the Chamber of Commerce bought of the worm Republicans to get it passed. Nothing new in the last decade. That what the bills always are. We live in a banana republic.

    It is good to be a Delta…….

  4. Janet Yellen is Secretary of the Treasury, Obama appointee Lael Brainard (MIT QED) is the Biden pick for the New Fed Chairman, and Saule Omarova , a full fledge Moscow trained Khazakhstani Marxist, who wants to destroy the banking system, is Biden’s pick for Comptroller of the Currency. What could go wrong with a matriarchy that has no useful financial skills or abilities in complete control of our money, banks, and economy?

    The current world financial situation is similar in many ways to that which existed just before the Great Depression. There is a massive concentration of wealth in the hands of a few individuals who seek control through monopolies. Back then, however, the federal government took actions to curtail the unrestrained growth of massive wealth by individuals and it broke up most of the monopolies.

    Although the Fed is often blamed for causing the Great depression of the 1930’s, it was only a part of the problem. Today, the federal government is a major contributor to creating economic problems because it encourages monopolies, coddles the uber rich, and is hopelessly corrupt. Massive debt is being funded by low to negative real interest rates and any contact with financial reality was lost about 20 or 30 years ago. Government spending (and debt) is exponentially growing faster than government income (taxes) and GDP.

    Most significantly, the US banking firewalls created by Glass-Steagall around 1932 for the US banking system were eliminated in the latter days of the Clinton administration. The banks in the rest of the world are mostly unregulated basket cases, and they probably are more vulnerable to collapse than the US banks.

    The US Matriarchy and the Chinese want to institute a digital currency because it gives complete control over individuals, and it curtails the rise of black markets and underground economies except for primitive barter systems. Punishments can be doled out instantly with no recourse. Ever notice how certain females in government positions tend to be punitive?

    It is easy to blame Obama (who thinks he is in a third presidential term) and the formation of the Good Club (yes, it is real) by Bill Gates and his wealthy best buddies. However, they may only be Stalin type useful idiots. Whatever the explanation, the entire world is on the brink of a massive financial collapse that will make the Great Depression look like a birthday party.

  5. Warmer is better. More warmth globally would be a good thing. Plants, animals, and humanity would benefit. Even reptiles like Janet. We should do and/ or spend nothing to “prevent” global warming. It’s an entirely made up (fake and gay) crisis .

    Our senile clot of a President cancels our oil production and pipelines while grovelling to Putin and the terrorist Mullahs to increase theirs. What a traitorous slimebag! And he appointed the grotesque and retarded Yellen. Why every thinking person is not demanding his impeachment is beyond me.

  6. Great comment, Uncle Mike. As for why “thinking people” aren’t demanding his impeachment, they’re probably thinking about who’d be his replacement. SloJoe’s handlers knew exactly what they were getting with him: a drooling, stumbling, deeply compromised perv, who would sign any bill put before him, and read a teleprompter if the letters were large enough; picking “Cackles” as VP, was their impeachment insurance policy.

  7. Bill Gates on TED.

    https://www.ted.com/talks/bill_gates_innovating_to_zero

    “First, we’ve got population. The world today has 6.8 billion people. That’s headed up to about nine billion. Now, if we do a really great job on new vaccines, health care, reproductive health services, we could lower that by, perhaps, 10 or 15 percent. But there, we see an increase of about 1.3. ”

    Tape of Ted talk and Transcript if the button for Transcript is clicked … why are vaccines named separate from healthcare?. And repro services are for abortions which his foundation wholly pushes and funds. Very sad.

    God bless, C-Marie

  8. Uncle Mike: ”Warmer is better.”

    In a normal world. In this world, Bring on the Ice!

    Affectionately yrs,

    Ice Nigger Bagpipe.

  9. Bloody hell, mates, I can’t even go outside unless it’s twenty below.

    Freeze the Bank.

  10. Notwithstanding their claims,

    – there is zero probability that the global elite can actually change the long-term climate–or even predict it!–no matter how much money or power they are given; we have nowhere near enough scientific understanding nor competence to do so;

    – there is zero probability that the global elite are actually motivated to change the climate, anywhere near to the extreme degree of motivation that would be necessary for such an extremely difficult project to have any chance of success; and

    – the real motivations of this fraud are (as WMB says) graft on an immense scale and justification for instituting worldwide systems of extensive control and surveillance of everyone on earth.

    This is all leaving aside the fact that more CO2 and warmth historically increase the amount of life on earth, by a lot.

  11. Johnny– “the real motivations of this fraud are (as WMB says) graft on an immense scale and justification for instituting worldwide systems of extensive control and surveillance of everyone on earth.

    “This is all leaving aside the fact that more CO2 and warmth historically increase the amount of life on earth, by a lot.”

    Anyone against more CO2 hates plants. Just saying.

    Of course, rebreathing CO2 from masks is certainly not healthy for anyone, and especially for children.

  12. Watch: Al Gore’s Latest ‘Solution’ To Climate Change Is Mass Surveillance

    In the interview with MSNBC’s Andrea Mitchell, Gore declared that technology created by the so called Climate TRACE coalition will monitor greenhouse gas emissions and root out the culprits.

    “We get data consistently from 300 existing satellites, more than 11,000 ground-based, air-based, sea-based sensors, multiple internet data streams and using artificial intelligence,” Gore explained, adding

    “All that information is combined, visible light, infrared, all of the other information that is brought in, and we can now accurately determine where the greenhouse gas emissions are coming from.”

    https://www.zerohedge.com/geopolitical/watch-al-gores-latest-solution-climate-change-mass-surveillance

    But there is good news!
    Rolls-Royce To Develop Mini Nuke Reactors To Decarbonize Power Grid
    https://www.zerohedge.com/markets/rolls-royce-develop-mini-nuke-reactors-decarbonize-power-grid

    Macron Confirms: France To Build New Nuclear Reactors For The First Time In Decades
    https://www.zerohedge.com/markets/macron-confirms-france-build-new-nuclear-reactors-first-time-decades

  13. Biden’s ‘Unhinged Socialist’ Banking Nominee Wants Oil, Coal, & Gas Industries To ‘Go Bankrupt’

    President Biden’s Marxist nominee for Comptroller of the Currency – who said she wants to “end banking as we know it,” has just said the quiet part out loud, again.

    Top banking pick Saule Omarova – who was born and educated in the USSR, earned the “Lenin” award, and has refused to turn over her thesis: “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital” – now wants to put millions of Americans in the energy sector out of a job.

    “Here, what I’m thinking about is primarily the coal industry and oil and gas industry. A lot of the smaller players in that industry are going to probably go bankrupt in short order, at least we want them to go bankrupt if we want to tackle climate change.”

    https://www.zerohedge.com/energy/bidens-unhinged-socialist-banking-nominee-wants-oil-coal-and-gas-industries-go-bankrupt

  14. “Bloomberg has an interesting story on how Environmentalists Pushing Mining Giants to Quit Coal has backfired.

    It was supposed to be a big win for climate activists: another of the world’s most powerful mining companies had caved to investor demands that it stop digging up coal.

    Instead, Anglo American Plc’s exit from coal has become a case study for unintended consequences, transforming mines that were scheduled for eventual closure into the engine room for a growth-hungry coal business.

    And while it’s a particularly stark example, it’s not the only one. When rival BHP Group was struggling to sell an Australian colliery this year, the company surprised investors by applying to extend mining at the site by another two decades — an apparent attempt to sweeten its appeal to potential buyers.

    Now, after years of lobbying blue-chip companies to stop mining the most-polluting fuel, there’s a growing unease among climate activists and some investors that the policy many of them championed could lead to more coal being produced for longer.

    BHP may end up holding on to the Australian mine it was battling to sell, Bloomberg reported last week. Earlier this year, Glencore Plc sounded out a major climate investor group before announcing it would increase its ownership of a big Colombian coal mine, according to people familiar with the matter.

    Not Just China
    India now burns more coal than Europe and the U.S combined and miners are betting on rising demand over the next decade from countries such as Vietnam, Bangladesh and Indonesia, although pollution concerns and cheaper alternatives threaten to derail those plans.”

    https://www.zerohedge.com/geopolitical/big-green-push-get-rid-coal-had-opposite-effect

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