Disrupting the Borg is expensive and time consuming!
Google Search
-
Recent Posts
- The Climate Of 1923
- Market Volatility
- Arctic Report Card
- Green Colorado
- Hottest Summer Ever
- “Sea ice could be gone by 2012, scientists warn”
- Record CO2 Growth
- Walz’s For Trump
- 6,000 Year Old Tree In The Austrian Alps
- Gemini Can See The Future
- Clinton To Defeat Trump By Double Digits
- Climate Intelligence Means “Making Things Up”
- Comedy From The BBC
- The Climate Afterlife
- Rewriting The Northern Hemisphere
- Useful Graphs From ChatGPT
- Fort Lauderdale Drowning
- Sinking Of The Titanic
- Expert Arctic Forecasting
- Sinking Of The Titanic
- Nobel Prize Winning Forecast
- Changing Climate
- Gen Z Math And Solutions
- Orwellian NASA Maps
- Faking US Temperature Data
Recent Comments
- arn on Market Volatility
- arn on Gemini Can See The Future
- conrad ziefle on Gemini Can See The Future
- conrad ziefle on “Sea ice could be gone by 2012, scientists warn”
- Bill on Gemini Can See The Future
- conrad ziefle on Market Volatility
- conrad ziefle on Hottest Summer Ever
- stewartpid on Market Volatility
- William on Record CO2 Growth
- Greg in NZ on Hottest Summer Ever
Obama Blames Poor GDP On (Unadjusted) Cold Weather!
This entry was posted in Uncategorized. Bookmark the permalink.
I don’t see a trend in HDD.
It’s friggin Obamacare and food prices tanking the economy. Wait till the 2nd quarter sucks then they will blame the drought in California. Oh! then the EPA’s new job crushing standards come out Monday. Liberals make me sick. .
Anyone remember stagflation? Of course we’ve been told for years that the balooning money supply won’t lead to inflation, but now that it is slapping everyone in the face, the media is blaming inflation on the weather.
http://www.accuweather.com/en/weather-news/beef-prices-continue-to-spike/26596462
Of course everyone forgot that the reason cattle herds were lower is because feed has been so expensive, they sent animals to slaughter because they couldn’t afford to feed them.
http://www.bloomberg.com/news/2011-06-09/hog-prices-seen-higher-as-ranchers-may-cull-herds-on-surging-feed-costs.html
And oh, look at this, M2 measure of money supply is up 50% since hope and change arrived. $11.3 trillion, up from $7.5 trillion. Quite of bit of money sloshing around considering the GDP is about $15.5 trillion.
http://research.stlouisfed.org/fred2/series/M2/
The FED doubled the money supply within six months of the affirmative action president hitting office and has continued to print money ever since. No one in DC will admit the real unemployment is ~ 24% because Clinton permanently shipped our jobs overseas. Unless you want to work for $1.00 to $1.66 an hour you can not compete with Chinese labor when there are no tariffs (import duties) evening the playing field.
As of 1 May 2013, the highest monthly minimum wage in China is 1,600 yuan ($265.64 US Dollar). The lowest minimum wage was 1,010 yuan ( $165.62US Dollar ). US minimum wage is ~$1250/month @ $7.25/hr. That is what American workers are competing against.
And that doesn’t include the hidden cost of US regulations.
Well of course in this post-reality Abenomics thinking that means QE must necessarily skyrocket.
/sarcoff
Or do we have a distant memory, from a haze past time, when hope was fulfilled, when change was planned and executed for the betterment of all.
As a great man said –
Did it really happen? Could it again
No, it won’t happen again. The system will collapse as has been the progressive plan all along. Just read what’s happening with the other posts under this topic. We the people, as a nation, are going to pay the price for not standing up to all of this years ago. The next two elections will not make much difference against what is happening, if those elections happen. Please, please, prove me wrong, but currently I don’t see any other alternative.
So sad that it seems to be from ‘We the people…’ to ‘People retained in the government, by government, for the government.’
The food safety modernization act passed during the 2010 lameduck session goes into effects this year so expect to see your road side veggie and fruit stand disappear. Expect smart US fruit and veggie farmers wipe to wipe out their trees and plant corn for ethanol instead.
This was a preview:
2009: Beware homemade pie and a glass of milk – Inspector Nabs Homemade Desserts At St. Cecilia Church’s Lenten Fish Fry
2011: Police Bust Lemonade Stands Nationwide
The attack on private food over the last few years has been incredible. The public of course doesn’t care and believes the media that the government is stomping on dangerous kooks. Pot-lucks, food clubs, cow-shares, anything food that is outside the government’s power.
The Bundy ranch thing just comes out of the blue to them. They don’t understand why… it’s just been building up so people are now showing up to defend what’s left. The government will of course go after the supporters one by one.
In Illinois they want to make an ‘exception’ for food sales under $1000… it only costs $200 in licenses and training…
Government is intentionally breaking the people to better rule over us in every way it can.
I believe NOAA also came out with their ‘index’ on ‘severe’ winters, and a couple of years ago, when the USA had a very warm winter/spring (see graph above), and they ‘rated’ it one of the worst, i guess this past winter was down right easy according to them….now, back to the real world…
We have had more than one nasty winter lately it just doesn’t hit the news very often.
2008: Severe snowstorms batter China: (wwwDOT)nytimes.com/2008/01/28/world/asia/28iht-china.1.9543336.html
“Severe snowstorms over broad swaths of eastern and central China have wreaked havoc … In Canada, several all-time snowfall records were set during winter, reaching more than 550 centimetres (cm) in many locations, including Quebec City. In Toronto, it was the third snowiest winter on record for the past 70 years….”
2010: Snow in Florida. Deep freeze in the deep south: (wwwDOT)examiner.com/x-11224-Baltimore-Weather-Examiner~y2010m1d9-Snow-in-Florida–Deep-freeze-in-the-deep-south
“Freak snow storm covers southern France” (wwwDOT)english.rfi.fr/france/20100505-surprise-snow-southern-france
Temperatures were glacial across Europe over the weekend, kills 22 across Europe…
Freak snow falls in Spain strands 6000.
Heavy snow claims over 30 lives in north China
A major snowstorm has battered Russia’s Pacific island of Sakhalin since New Year’s Eve, stranding almost 60 cars on the main highway… Snowfall in St. Petersburg breaks 130-year record… Heavy snow covers Moscow
http://news.bbc.co.uk/2/hi/uk_news/scotland/8492333.stm
Scotland records coldest winter
The past two months have entered the record books
Scotland has suffered some of the coldest winter months in almost 100 years, the Met Office has confirmed.
By combining the temperatures of January and December it showed they were the coldest since 1914 – the year data started being logged.
…..
2007
First major snow in Buenos Aires since 1918
2008
Severe snowstorms batter China
2009
In Canada, several all-time snowfall records were set
worst cold outbreak of the current decade for the northern plains down to Florida
2010:
Feb 13th 2010 – Snow in all 50 U.S. states
20 million farm animals may die in Mongolia before spring as the fiercest winter in living memory grips the country,
Record Snowfall for Baltimore
Freak snow storm covers southern France
Freak snow falls in Spain strands 6000.
Scotland records coldest winter
Temperatures were glacial across Europe over the weekend, kills 22 across Europe
Snowfall in St. Petersburg [Russia] breaks 130-year record
2012:
Low temps in Peru – Death toll rises to 31
Freak cold in the Andes kills hundreds
Cold Blast Claims Over 600 Lives Across Eastern Europe/Russia…”Death Toll Keeps Rising…State Of Emergency”
Coldest January on record for parts of Alaska
2012 the coldest July on record in Anchorage Alaska
Shortage of food in Uzbekistan city due to snow
The First Time Occurred, Snow Storm Hits West Sumatra, Indonesia on Wednesday, March 28.
Snow record broken in South Africa
Johannesburg marvels at rare snowfall
Unprecedented cold in Morocco
Heavy snowfall in Tunisia, Roads in Ain Draham blocked by 31 inches (80 cm) of snow
2013
Record cold in Cape Town, South Africa
Rare snow in Atacama desert
Brazil – Snow in over 80 cities – Roads and schools closed
Worst cold spell in 80 years hammers Chile fruit crops
More than 25 000 animals killed in southern Peru
“Extraordinary” cold and large snowfall for southern Brazil
Lao Cai Province [Viet Nam] alone, an unusual snowfall early this week caused an estimated loss of around VND10 billion
Jerusalem hit by worst snowstorm for TWENTY YEARS as eight inches fall across Holy City
Wintry blast to hit New Zealand
July frosts reduce Brazil wheat, coffee
Tibetan nomads in Ladakh call out for help, Thousands of livestock perish
2014
Record snowfall (almost 7 ft) in northern Iran
Temperatures up to 40 degrees below normal in the [US] High Plains
Slovenia paralyzed by snow and ice
Southern Austria on highest avalanche alert after heavy snow – A meter of snow in two days – Valleys and roads cut off
Serbia – 1,000 evacuated from cars, buses and trains – Snow drifts 3.5 meters high
Poland – Heavy snowfall and blizzards
Heavy snowfalls and blizzard hammer southern Romania
Well it nice to know that a thing of the past has been a thing of the present, and then some.
Even if 2014 proceeds with 6-7 months of record cold/cool temperatures, it will still be referred to as one of the warmest years ever. Ib the top 4 no doubt.
And many people will not question this . In fact, they will twist themselves up like pretzels to
explain it to me when I point out how ironically stupid it is.
And the Dems want to replace this soulless dweeb with a soulless witch in 2016.
She is much more dangerous than the Afirmative Action President because she has brains and drive. Look at all the damage she did during her first eight years in office.
Wait a fricken minute, aren’t we in the middle of global warming/climate change/global chaos, and didn’t noaa say that this year is warmer than any year since …. I am all confused.
On a more personal note, Steve, can you please add a like or dislike function, some of your posters are great.
Just add a +1 in the reply.
Three quarters ago they changed the ay they compute GDP. That change added 3% to the GDP by including a lot of items which had been excluded.
So if they report -1%, in reality it’s -4%.
It is worse than that. The GDP also includes the salaries of all the BureauRats, burger flippers, shop clerks and other hamster wheel spinners. As another comment today showed the BureauRats and their (self-snip) regulations actually kill the economy.
The ONLY job categories that actually ADD wealth to the economy are:
Minimg
Agriculture (and forestry)
Manufacturing
Construction
The rest move the wealth around or are various forms of parasites.
So, anything that is intellectual is meaningless?
You sound like someone working in Moscow circa 1930.
No intellectual is not meaningless, far from it. But it does not add to the material wealth of the nation until the engineers translated into something concrete.
I was addressing the lying that goes into the GDP – Gross Domestic Product which SHOULD measure a country’s production. Intelectual would be incorporated into that production.
For example:
In 1790 Farmers made up about 90% of labor force
in 1830 – it took about 250-300 labor-hours to produce 100 bushels (5 acres) of wheat with walking plow, brush harrow, hand broadcast of seed, sickle, and flail.
In 1840 Farmers made up 69% of labor force
re: emsnews May 31, 2014 at 1:03 am
So, anything that is intellectual is meaningless?
You REALLY are an idiot.
Intellectual and scientific discussion is great, but unless someone publishes it in a book it doesn’t add a thing to the economy. Physical books are wealth, economically speaking. Someone translating those ideas into manufacturing adds jobs, and thus wealth, in the products that are bought. Think Apple computers. What was true in 1930, economically speaking, is true today. There is simply a type of wealth not counted by economists and it is far from meaningless.
The weak economy was caused by cold weather which was caused by global warming which was caused by CO2 emissions which was caused by economic production which we no longer have to worry about because of our weak economy which was caused by…
Circulus perfectum.
What do you expect? First he appoints Timothy Geithner as secretary of the Treasury, then he appoints a lawyer, Jacob Lew, the guy who created the Balanced Budget Act of 1997, which started the downward spiral of the private sector.Look at 1997 in this chart, The last time the government was in surplus–look at Clinton’s surplus in this chart–was 1927-1930, according to Bloomberg. Sound familiar?
http://postimg.org//image/d5lzdeufz
Clinton’s “Surplus” wasn’t nothing more than creative accounting and propaganda.
It never happened. There was never a surplus and the facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion.
Verifying this is as simple as accessing the U.S. Treasury
Here’s the national debt at the end of each year of Clinton Budgets:
Fiscal
Year Year
Ending National Debt Deficit
FY1993 09/30/1993 $4.411488 trillion
FY1994 09/30/1994 $4.692749 trillion $281.26 billion
FY1995 09/29/1995 $4.973982 trillion $281.23 billion
FY1996 09/30/1996 $5.224810 trillion $250.83 billion
FY1997 09/30/1997 $5.413146 trillion $188.34 billion
FY1998 09/30/1998 $5.526193 trillion $113.05 billion
FY1999 09/30/1999 $5.656270 trillion $130.08 billion
FY2000 09/29/2000 $5.674178 trillion $17.91 billion
FY2001 09/28/2001 $5.807463 trillion $133.29 billion
As can clearly be seen, in no year did the national debt go down, nor did Clinton leave President Bush with a surplus. Clinton’s “Surplus” was nothing more than Washington doublespeak and political smoke and mirrors.
The national debt is made up of public debt and intragovernmental holdings. The public debt is debt held by the public, normally including things such as treasury bills, savings bonds, and other instruments the public can purchase from the government. Intragovernmental holdings, on the other hand, is when the government borrows money from itself–mostly borrowing money from social security.
Looking at the makeup of the national debt and the claimed surpluses for the last 4 Clinton fiscal years, we have the following table:
Fiscal
Year End – Date Claimed – Surplus Public Debt – Intra-gov Holdings – Total National Debt
FY1997 09/30/1997 $3.789667T $1.623478T $5.413146T
FY1998 09/30/1998 $69.2B $3.733864T $55.8B $1.792328T $168.9B $5.526193T $113B
FY1999 09/30/1999 $122.7B $3.636104T $97.8B $2.020166T $227.8B $5.656270T $130.1B
FY2000 09/29/2000 $230.0B $3.405303T $230.8B $2.268874T $248.7B $5.674178T $17.9B
FY2001 09/28/2001 $3.339310T $66.0B $2.468153T $199.3B $5.807463T $133.3B
Notice that while the public debt went down in each of those four years, the intragovernmental holdings went up each year by a far greater amount–and, in turn, the total national debt (which is public debt + intragovernmental holdings) went up. Therein lies the discrepancy.
“Over the past 25 years, the government has gotten used to the fact that Social Security is providing free money to make the rest of the deficit look smaller,” said Andrew Biggs, a resident scholar at the American Enterprise Institute.
Shamelessly plagiarized from HERE. (I condensed and ruthlessly chopped it.)
Let’s look at this analytically. They claim the cold depressed GDP by 1.4%. So even if we did not have any cold winters, that would have been only a .4% increase. Yet the adjustments made to GDP 2 years ago added 3% to the GDP out of thin air (double counting Accounts Receivable and R&D). So if they had not monkeyed with the GDP, it STILL would have been a 2.6% decrease!
We have been in a recession for a year now.
A YEAR? More like twenty. GRAPH: Payroll Employment – Private look at the gray curve = As % of all non-farm jobs (Government jobs went up while real jobs dropped.)
Changes from 2007 to 2011 by sector: graph
However the best way of looking at it is the GDP (despite the game playing) Graph: Anual growth
and even more important the Trade Deficit. (That is what really counts. and the USA is in deep doodoo.)
Several charts HERE