Leftists Plan to Reduce Global Warming by Lowering American Living Standards

Feb 5, 2013 | Posted by: roboblogger | Full story: Townhall

It turns out that nations got lower grades based on their energy consumption. And since energy usage is one of the key indicators of prosperity, that explains why the United States also trailed such global garden spots as Pakistan, Palestine, Iraq, Moldova, and Tajikistan.

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LessHypeMoreFact

Toronto, Canada

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#1
Feb 6, 2013
 

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I never noticed before how much the fossil fuel spam and misinformation attacks resemble cold war rhetoric..

“dening those who deny nature. ”

Since: Jun 07

Norfolk va

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#2
Feb 7, 2013
 

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I am not surprised. If you have studied history you would of discovered that many such arguments resemble this argument.
PHD

Bertram, TX

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#3
Feb 7, 2013
 

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It's about the money.
SpaceBlues

Houston, TX

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#4
Feb 16, 2013
 

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LessHypeMoreFact wrote:
I never noticed before how much the fossil fuel spam and misinformation attacks resemble cold war rhetoric..
And the local deniers agreed with you.

LOL.
PHD

Bertram, TX

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#5
Feb 16, 2013
 

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SpaceBlues wrote:
<quoted text>And the local deniers agreed with you.
LOL.
Yes even the deniers agree that your space out spacedoutblues with drinking to much ethanol.

Since: Jan 13

Fairfax, VA

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#6
Feb 16, 2013
 

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LessHypeMoreFact wrote:
I never noticed before how much the fossil fuel spam and misinformation attacks resemble cold war rhetoric..
The right wing has NO shame for all out lies.

Since: Jan 13

Fairfax, VA

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#7
Feb 16, 2013
 

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On that note, Penny just admitted she has no degrees.

<quoted text>
>
Yes it’s true I don't have a degree like you do. I will make an effort to learn BS so I could be just like you. Then I could post cut and paste useless scientific science fiction babble. Can you tell me what school you attended so I can be just like you?
http://www.topix.com/forum/news/global-warmin ...

So that explains why she has a tizzy when anyone posts science links.

She probably doesn't understand it...
and to her... it really is the same as "scientific science fiction" she rants about.
PHD

Bertram, TX

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#8
Feb 17, 2013
 

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Wallop10 wrote:
On that note, Penny just admitted she has no degrees.
<quoted text>
>
Yes it’s true I don't have a degree like you do. I will make an effort to learn BS so I could be just like you. Then I could post cut and paste useless scientific science fiction babble. Can you tell me what school you attended so I can be just like you?
http://www.topix.com/forum/news/global-warmin ...
So that explains why she has a tizzy when anyone posts science links.
She probably doesn't understand it...
and to her... it really is the same as "scientific science fiction" she rants about.
Again, no I don’t have a degree in BULL S. only you qualify for that type of degree. So do to your limited mental capacity let me repeat. No I don't have that degree in Bull S. only you could qualify fort that type of degree. You do show all that you are the best and was top of your class. I bet they gave you that Bull S. Medal of Honor.

Since: Jan 13

Fairfax, VA

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#9
Feb 17, 2013
 

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PHD wrote:
<quoted text>Again, no I don’t have a degree in BULL S. only you qualify for that type of degree. So do to your limited mental capacity let me repeat. No I don't have that degree in Bull S. only you could qualify fort that type of degree. You do show all that you are the best and was top of your class. I bet they gave you that Bull S. Medal of Honor.
Stop lying. You have no degree.

And PS, I did rank #1 graduating from a prestigious high school
Thanks for bringing that up. And I have graduate degrees with high grades.

You seem to have a psychological problem with that.
Which is why you scream when anyone posts any science repeatedly calling it nothings like scientific science fiction.

over and over -- pure trash.

You didn't want me to ignore you. You wanted the attention.
So you are getting your wish.
PHD

Bertram, TX

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#10
Feb 17, 2013
 

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Wallop10 wrote:
<quoted text>
Stop lying. You have no degree.
And PS, I did rank #1 graduating from a prestigious high school
Thanks for bringing that up. And I have graduate degrees with high grades.
You seem to have a psychological problem with that.
Which is why you scream when anyone posts any science repeatedly calling it nothings like scientific science fiction.
over and over -- pure trash.
You didn't want me to ignore you. You wanted the attention.
So you are getting your wish.
You can’t even be original Commander TROLL!!!! See that Bull S. degree again got you walloped and in the crapper. That Ha HA you hear is the void between your ears called an echo.
LessHypeMoreFact

Toronto, Canada

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#12
Feb 18, 2013
 

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Wallop10 wrote:
<quoted text>
The right wing has NO shame for all out lies.
It isn't really a 'right wing' vs 'left wing' political fight. It is about moneyed special interests (i.e. the billionaires, old money families,.. the 0.1%) seeking power over the 'public good' of the majority.

The problem is that as the self serving greed of the few takes more and more money out of circulation among the public, the economy has to tank. And it will. Especially as the wealthy have 'leveraged' their wealth very similar to 1929's stock markets.

http://blogs.scientificamerican.com/guest-blo...

It gives them high yields on their wealth but is just as vulnerable to collapse. An inevitable collapse as jobs are eliminated to increase profits and wages are stalled or shrinking leading to less consumerism.

But very few will wake up and smell the stench of decay.

Since: Jan 13

Fairfax, VA

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#13
Feb 18, 2013
 

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LessHypeMoreFact wrote:
<quoted text>
It isn't really a 'right wing' vs 'left wing' political fight. It is about moneyed special interests (i.e. the billionaires, old money families,.. the 0.1%) seeking power over the 'public good' of the majority. http://blogs.scientificamerican.com/guest-blo...
Yeah, but the liberals do care.
I have a masters in finance (along with other degrees); and I subscribe to Scientific American. I've seen this article before and agree with it.

Nice combo there.
LessHypeMoreFact wrote:
<quoted text
It gives them high yields on their wealth but is just as vulnerable to collapse. An inevitable collapse as jobs are eliminated to increase profits and wages are stalled or shrinking leading to less consumerism.
But very few will wake up and smell the stench of decay.
No, the issue is risk. Banks are supposed to lend out at lower returns because there is less risk. They make sure they have secured loans (meaning they have an asset they can get from the investor to pay back in the case of default).

The investor in the bond is accepting higher risk (in this caseif the the bond default).

It worked well before the Bush administration deregulated the markets.
It is amazing if you know how much he did. Don't know if I can capture all of it here. This deregulation was purposeful and based on Republican ideology that all regulation is evil and the Markets can do know wrong.

Greenspan is/was an Ayn Rand Libertarian follower who allowed rates to stay low to help George Bush justify his tax cuts [which also helped the supply -- putting even more fuel on the fire]

It was PRIVATE mortgage companies that set up new mortgages. Fannie and Freddie purchased a fraction of these from the private mortgage companies.

So what did Bush do that made this a disaster?
(3) Greenspan (with Bush’s blessings) refused to require lenders to validate lenders had the wherewithal (ability) to pay back the loans. Greenspan said he did not want to interfere with the “creativity” of banks to give out loans.
EVEN WORSE because of securitized loans (where Banks could package mortgages and resell them – a NEW novelty
Let me give you an example – I know someone whose wife used to work at CountryWide mortgage before it collapsed. She described how the advertisements promising no down payments brought in a lot of losers she turned down. But her supervisers ALWAYS overrode her and approved them…
See --The mortgage banks figured they could give loans to people who did not qualify for ANY mortgage – and then sell them at a profit.
It wasn’t just our banks that eventually collapsed (the ones that still had some of the crap mortgages)
Iceland bought a bunch of this crap, and their financial system went into meltdown as a result.

Who turned off the regulations AND shut down requirements for reserves against losses – magnifiying the losses.
Why —George Bush.

EVEN WORSE
(4) Bush gave an exemption to PRIVATE investment banks in 2004 (through the SEC)– that they didn’t have to hold reserves for losses against their investments, a rule place after the Great Depression.

==========
It was the Bush administration who directed Fannie Mae and Freddie Mac to more aggressively serve risky markets, and threatened their charter if they did not do so....

=========

This is the tip of the iceberg and does not begin to cover all the complexities.

In summary though. It was right wing ideology that allowed the dergulation. I don't think it would have happened if Gore had won the Presidency.

The Democrats are at fault for being effectively wimps and believing Alan Greenspan was a Great Seer who understood the interworkings of securitized home mortgages and derivatives.

Turned out he was as bad a humbug as the Wizard of Oz.

So it was Right Wing ideology that allowed the dergulation. And the Left were wimps for believing in the humbug.

“dening those who deny nature. ”

Since: Jun 07

Norfolk va

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#14
Feb 19, 2013
 

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Wallop10 wrote:
<quoted text>
The right wing has NO shame for all out lies.
Funny, but the same could be said for the left wing. That they have no shame for all out lies. The only difference is which group is more likely to fall for the lies.
LessHypeMoreFact

Toronto, Canada

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#15
Feb 19, 2013
 

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Wallop10 wrote:
<quoted text>
No, the issue is risk. Banks are supposed to lend out at lower returns because there is less risk. They make sure they have secured loans (meaning they have an asset they can get from the investor to pay back in the case of default).
You missed the main point. The banks are lending out X dollars for the 'leveraged investment' for X/N dollars of security and the right to 'call' on the margins. Very much like 1920's stock markets.

And the main problem with Bush was the repeal of the Glass-Steagall acts that separated investment banking from commercial banking.
http://www.ritholtz.com/blog/2012/05/how-we-e... and that wasn't GWB.

That and Bush 'revving up' the housing market by making 'under prime' loans available to those who could not afford the true costs, betting on selling out for a profit before the 'regular rates' kick in. Of course, this is good when ONE person does it but has no end but a housing crash when EVERYONE is trying to sell at the same time!

It made for a 'boom economy' to hide the cost of two unfunded wars, but the short term boom was inevitably followed by the bill for damages which is still being paid off.
"Freddie Mac recently began 25 initiatives around the country to dismantle barriers and create greater opportunities for homeownership. One of the programs is designed to help deserving families who have bad credit histories to qualify for homeownership loans."
President Bush's 2002 Speech at the Conference on Minority Home Ownership George Washington University

Since: Jan 13

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#16
Feb 19, 2013
 

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Wallop10 wrote:
<quoted text>

Let me give you an example – I know someone whose wife used to work at CountryWide mortgage before it collapsed. She described how the advertisements promising no down payments brought in a lot of losers she turned down. But her supervisers ALWAYS overrode her and approved them…
Yes, but some right wingers try to blame it all on Barney Frank, as though your friend's supervisors called up Congressman Frank, WHOSE PARTY WAS OUT OF POWER - which means he had NO power - to ask whether customers should be granted these loans. Gimme a break.

Thanks to you & LessHype for posting these (even if you disagree somewhat...).

Since: Jan 13

Fairfax, VA

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#17
Feb 19, 2013
 

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LessHypeMoreFact wrote:
<quoted text>
You missed the main point. The banks are lending out X dollars for the 'leveraged investment' for X/N dollars of security and the right to 'call' on the margins. Very much like 1920's stock markets.
And the main problem with Bush was the repeal of the Glass-Steagall acts that separated investment banking from commercial banking.
http://www.ritholtz.com/blog/2012/05/how-we-e... and that wasn't GWB.
That and Bush 'revving up' the housing market by making 'under prime' loans available to those who could not afford the true costs, betting on selling out for a profit before the 'regular rates' kick in. Of course, this is good when ONE person does it but has no end but a housing crash when EVERYONE is trying to sell at the same time!
It made for a 'boom economy' to hide the cost of two unfunded wars, but the short term boom was inevitably followed by the bill for damages which is still being paid off.
"Freddie Mac recently began 25 initiatives around the country to dismantle barriers and create greater opportunities for homeownership. One of the programs is designed to help deserving families who have bad credit histories to qualify for homeownership loans."
President Bush's 2002 Speech at the Conference on Minority Home Ownership George Washington University
All true. It fell under what I called the right wing deregulation during the Bush administration.

It started early when Bush appointed as head of the SEC, an individual who was previously the head lobbyist fighting SEC regulation.

You were trying to tell me this wasn't ideological was my complaint with your post.

Since: Jan 13

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#18
Feb 19, 2013
 

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Wallop10 wrote:
<quoted text>
All true. It fell under what I called the right wing deregulation during the Bush administration.
It started early when Bush appointed as head of the SEC, an individual who was previously the head lobbyist fighting SEC regulation.
You were trying to tell me this wasn't ideological was my complaint with your post.
The repeal of Glass-Steagall didn't help, though, & that was signed by Clinton (after being especially pushed by Phil & Wendy Gramm).
LessHypeMoreFact

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#19
Feb 20, 2013
 

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HomoSapiensLaptopicus wrote:
<quoted text>
The repeal of Glass-Steagall didn't help, though, & that was signed by Clinton (after being especially pushed by Phil & Wendy Gramm).
If you read my reference, the elimination of the act was a long term (20 year), well funded ($300M) lobbying effort starting a long time before Clinton. In fact, the first stone was cast by that paragon of right wing thinking, Ronald Reagan. Odd that a Democrat like Clinton would finish the job but then it was more a decision from Greenspan who now recognizes that he made a BIG BOOBOO.
LessHypeMoreFact

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Feb 20, 2013
 

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P.S. back on topic.

The subject has it backwards. A strong economy tends to use more power. It is not more power driving a strong economy. And the strong economy doesn't care if the power is green or black, or gotten through improvements in efficiency. It is based on output, not input.
litesong

Everett, WA

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#21
Feb 20, 2013
 

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Wallop10 wrote:
The right wing has NO shame for all out lies.
//////////
LessHypeMoreFact wrote:
It isn't really a 'right wing' vs 'left wing' political fight. It is about moneyed special interests (i.e. the billionaires, old money families,.. the 0.1%) seeking power over the 'public good' of the majority.
//////////
litesong wrote:
Oh, you mean, re-pubic-lick-uns........
/////////
LessHypeMoreFact wrote:
But very few will wake up and smell the stench of decay.
//////////
litesong wrote:
Oh, you mean, re-pubic-lick-uns......

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