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Wednesday, 17 December 2014

International Emissions Idiocy

 


By Alan Caruba

Most of the people of the world have concluded that the decades of warnings about “global warming” and its successor, “climate change”, is just idiotic nonsense. Few believe that humans ever had or ever will have any role in what the weather will be tomorrow or a thousand years from now. They are right.

One of the most distinguishing factors about the Anthropogenic Global Warming theory has been the way its advocates have always predicted major changes decades into the future. When the future arrived, as it has since the first doomsday predictions were made in the late 1980s, they simply push off the next arrival date for another couple of decades. A classic example is the prediction that that Arctic and Antarctic sea ice would have all melted by now. Instead the global cold weather have been making new records of late.

Delegates from two hundred nations attended the 20th session of the Conference of the Parties and the 10th session of the Conference of the Parties to the Kyoto Protocol which took place from December 1 through 12. COP 20/CMP 10 was hosted by the Government of Peru in Lima. The event is part of the United Nations agenda that began with the creation of the Intergovernmental Panel on Climate Change (IPCC) in 1988.

The Kyoto Protocol dates back to 1997 and sets limits on how much “greenhouse gas” emissions, primarily carbon dioxide (CO2), nations could permit. The theory, now long since debunked, that CO2 was rising and would cause the Earth to warm too much was right in only one respect. There is more CO2, but the Earth has been in a cooling cycle for some 19 years at this point. The U.S. did not ratify, i.e. sign onto the Protocol. The Senate unanimously rejected it. Canada later withdrew from it. China and India were both exempted from it!

So what we have been witnessing have been a bunch of international officials wrangling over something that did not happen and will not happen.

The hard core “Warmists” wanted the climate change agreement to be legally binding under international law. They were led by those from the European Union. They and others wanted more money to be spent on renewable energy, wind and solar, and money given to poor countries to help them deal with climate change.

The COP20 conference was not about the climate. It was about funding wind and solar energy projects that have proven globally to be huge, expensive failures, and about providing money to poor countries that, as often as not, are poor because they are poorly governed. It’s a scheme based on totally false “science.” 

As to the “science” proclaiming a warming Earth and that “greenhouse gas emissions” are responsible, the easiest and most entertaining way to learn the real science is to read Anthony Bright-Paul’s new book, “Climate for the Layman.” 

Bright applies the known knowledge of the universe in which we live with the kind of logic you are not likely to hear from the likes of Al Gore or Bill Nye the “science guy.”  Add to them the blissfully ignorant legions of “leaders” of various nations who have signed off on “global warming” without a lick of knowledge with which to refute the lies and you get idiotic conferences and demands to end the beneficial use of fossil fuels which improved our lives long before and since the IPCC was created.

“So how does one measure the temperature of something that has a multiplicity of temperatures and is constantly on the move?” asks Bright. “It is clearly impossible.”  How difficult is that to understand?

“In my dictionary,” says Bright, “’Global’ is defined as ‘worldwide’. So let us ask ourselves the question—has there been a worldwide warming of 0.07 degrees Celsius? Has there been a uniform increase in temperatures worldwide? The answer is simple. It is utterly impossible to make such declaration”, adding that “It is completely impossible to measure the temperature of the atmosphere which is 100 kilometers high and which has a huge range of temperatures in a continuous state of flux.”

If it cannot be measured then years from now the climate cannot be predicted. The weather—what is happening where you live—can only be predicted in general terms for the next few days and that is largely thanks to modern satellites. Moreover, the weather is never exactly the same from day to day. Meteorologists focus on what’s happening now, but climatologists measure the climate in units of decades, the smallest of which is thirty years. The largest take in millions of years.

Carbon dioxide is such a minor “trace” gas—0.04% of the Earth’s atmosphere--that most people are astonished to learn that it is Nitrogen and Oxygen that make up 99% of the atmosphere. Both are transparent to incoming and outgoing radiation. It is the Earth that acts as a conductor of heat, affected as always by solar radiation. It is the Sun along with the actions of the oceans and volcanic activity that determines the weather and, long term, the climate.

Virtually everything you have heard or been told about “greenhouse gas emissions” is pure bunkum.

The Earth is not a greenhouse closed in by heat trapping gases. It is the mass of the Earth that absorbs the Sun’s radiation and reflects it into the atmosphere. The process is so dynamic that there is no way to accurately predict what the temperature anywhere on any day.

The IPCC and its idiotic “climate change” conference wants you to believe it can predict the climate of the entire world! And control it.

Not a single dime of U.S. taxpayer’s money should be devoted to either the U.N. or any bogus “global warming” claims. We could begin by defunding the Environmental Protection Agency’s regulations to limit “greenhouse gas emissions”, the reason they give for closing coal-fired plants to produce electricity.

We should laugh Secretary of State John Kerry off the stage every time in claims that climate change is the greatest threat to life on Earth.

© Alan Caruba, 2014

Teatime Totty................

2014's best viral videos...from TPC

From Luc Bergeron who goes by the internet stage name Zapatou, a 6-minute compilation of what he believes to be 2014′s best viral videos!

Watch at LI here.

Happy Holidays.................

A Christmas Special from Little Big World.
Happy Holidays with shots from the tree lighting ceremony in Boston Common, the Santas in speedos run, the Blink! installation at Faneuil Hall, a anti-rascism demonstration in front of the State house and more.



Cartoon Round Up....






FREEDOM IS NOT FREE | A Soldier's Pledge



H/T Shelly

Federal Judge: Obama’s Amnesty Is Unconstitutional.....................from Dan Friedman

[So far this story is the province of blogs and other Internet opinion outlets with little or no exposure in the MSM. I wonder why. df]
dailycaller.com, 12/16/2014
 
Posted By Neil Munro



Christmas Shocking

Wednesday Wenches................



Ted Cruz, Until Further Notice.....................from Dan Friedman

[Still two years to go, but I’m sticking with the honorable Ted Cruz until someone convinces me the Republicans have a better man to repair and reverse Obama’s damage. df]
 
 
Rob Bluey / December 15, 2014

Victoria’s Secret Angels Redefine Twas the Night Before Christmas................



Tuesday, 16 December 2014

Classic Resume..................from Rico

This is a classic resume....for a Community (dis)Organizer.
- It is also a national disgrace and a damning legacy to leave behind.


Zo: Let's Leave the Christ in Christmas!

Atheists hate the idea that Christmas features Christ...and they think they can convince Christians they're wrong because Jesus wasn't born on Dec 25...




Bedtime Totty..................

Good Cop Bad Cop - Wild Bill

Patriotic Americans are going to have to take to the streets and Bill has some words of wisdom for law enforcement.



Mohammed Dundee - A New Icon For A New Transformed Australia..................From Daniel Thomas



It wasn't too long ago that Australian men were humorously caricatured  by macho types like Paul Hogan's Crocodile Dundee and women by the politically incorrect Dame Edna Everage played by Barry Humphries. If these were accurate stereotypes of the generic Australian from a few decades ago they certainly don't apply today.

Like their kith and kin back in Mother England they have allowed their country to be transformed by a cabal of politically correct, self loathing, agenda driven 'progressives' to the point where killer Man Haron Monis would be more suitable as a caricature along with his charming partner Amira Droudis.



Although the Australian people have not quite reached the depths of despair being suffered by their counterparts in Great Britain, recent events indicate they are not too far behind.

After the horrific siege of the Lindt Cafe in Sydney was brought to an end with the loss of two innocent lives, we now face the undignified prospect of watching the politicians and their accessories in the establishment wriggle, spin and lie to absolve themselves of any blame.

While the civilised world express their condolences to the family and friends of the deceased, and many in the Muslim world, including Amira Droudis rejoice, the establishment are falling over themselves to absolve the wider world of Islam.

Before any inquiry is held or any empirical evidence is presented, the global media is already portraying the killer as a 'lone wolf'. How a lone wolf out on bail with a high media profile can procure a firearm is not explained.

While the world watches radical Muslims indulge in the most depraved savagery across the planet, and listen to the specific threats to bring this savagery to the civilised world, including Australia,  the New South Wales state police commissioner, Andrew Scipione, has already dismissed this planned outrage as "an isolated incident".

British Prime Minister David Cameron, a committed multi-culturalist and promoter of the moral equivalence of Islam, made a speech to the Australian Parliament just a matter of weeks ago explaining what steps he is taking to neutralise the tens of thousands of radical Muslims in his own country as they clamour to join the global jihad against civilisation. Without a hint of irony he went on to describe Islam as "a great global religion of peace".



As expected, his speech was widely acclaimed by his fellow politicians and the sycophantic hangers-on that hover around the fringes of the powerful like flies around a dead cat. They obviously don't follow the news or watch the horrific images of innocent men, women and children being tortured, maimed and beheaded in the name of Islam and its prophet on the Internet.

Referring to the Lindt Cafe siege and its tragic aftermath, David Cameron continued with the globally agreed 'lone wolf' theme and declared that Britain could suffer a similar attack "at any moment".

In a direct contradiction to his earlier 'great global religion of peace' nonsense, he went on to say that the outrage "demonstrates the terror threat all over the world".

Politicians like Cameron, who are totally dedicated to the UN/EU mandated creation of so called multi-cultural societies in the West, will continue to put the imposition of Islam and its practices above the safety and security of the British people.

Informed people will not be fooled by the PR manufactured platitudes Cameron trotted out before the House of Commons Liaison Committee yesterday.

Determined to absolve and protect the wider Ummah, he continued with the lone wolf theme and added the 'self starting' terrorists. These are people who are supposedly self radicalising using the Internet as opposed to deliberate radicalisation within the Ummah by hate preachers, imams and tribal elders.

Looking at what Cameron said to the Committee, and his contradictions, he clearly demonstrates either his complete ignorance of events both at home and abroad and their causes or his total dedication to the cultural replacement agenda at any cost.

"The tragedy may have been played out more than 10,000 miles away but it could be repeated in Britain".

He followed this with the equally ignorant statement:

"This is on the other side of the world but is the sort of thing that could just as well happen here in the UK or in Europe".

Since it already has happened in the UK and in Europe these statements are an insult to those who died and their loved ones. It is also a cynical attempt to portray the Sydney atrocity as a new development that needs radical action.

To remind the Prime Minister:

One hundred and ninety one innocent people were murdered and eighteen hundred injured by Muslim terrorists in Madrid, Spain 11th March 2004.

Fifty two innocent people were killed and seven hundred were injured by Muslim terrorists in London on the 7th July 2005.

Soldier Lee Rigby was murdered in horrific fashion on a London street in broad daylight by two Muslim terrorists 13th May 2013.

 In addition to these atrocities, carnage was avoided more by incompetence than government action on the 21st July 2005 when Muslim terrorists attempted to repeat the 7/7 bombers on the London transport system.

Richard Reid, know as the shoe bomber, attempted to commit mass murder by blowing up an airliner 22 December 2001.

Umar Abdulmutallab, know as the underwear bomber, similarly attempted mass murder in an airliner on 25th December 2009.

There are anywhere between five hundred and two thousand British documented Muslims (Cameron's government has no idea of the exact number) fighting the global jihad in hot spots around the world including Iraq, Syria, Somalia, Afghanistan and Yemen.

None of these savages, including Jihadi John from London, were lone wolves nor were they self starting terrorists who self radicalised using the Internet. They were part of the Ummah who interpret the words of their prophet as written in their holy book the Koran and as taught by their spiritual leaders at their local mosque or madrassa.



If Cameron and the other political leaders were serious about tackling Muslim terrorism they would:

Stop mass immigration from backward Muslim countries forthwith.

Stop giving in to demands that require the British people to conform to Islam.

Stop handing out British passports to people from backward countries who cannot integrate.

There is no requirement for thousands of madrassas and mosques in Great Britain. They should be closed with immediate effect.

Radical preachers should prosecuted under the same hate laws that everyone else is subject to and imprisoned before deportation.

Assistance to emigrate to a Muslim country of their choice should given to anyone wanting a caliphate or sharia law, including the Islamic State in Iraq and Syria (ISIS). That choice being made their citizenship or visas should be revoked to prevent their return.

In conclusion it must be stated categorically that the atrocities listed above including the tragedy in Sydney are the direct result of the political class opening the borders to mass immigration as part of their cultural replacement agenda.

Promises of future action to deal with Muslim terrorists is no longer acceptable, immediate radical action is required.

This is Cameron's and the political elite's agenda not the people's, they must take responsibility for past bloodshed and they will be held responsible for bloodshed in the future.




How To Shoot Awesomely - Trigger Finger Technique - From Pro Shooter Kirsten Joy Weiss



Late News..................

Taliban Demand Investigation of U.S. for 'Violations of International Humanitarian Laws'

US Federal Officer Accused of Working with Mexican Drug Traffickers

The Name that "Does Not Matter"

Korean War MIA buried in NY cemetery next to mother who ached for his return

Senate may confirm up to 88 federal judges in '14

The Democrats Double Down

A Conservative Waterloo: John Boehner Must Go

Ted Cruz Was Right, Again

Epitaph for Hope and Change

Six Reasons Conservatives Oppose Jeb

Three Post-9/11 Veterans Named to Senate Armed Services Committee

Obama’s Surgeon General Should Try Practicing Medicine

What is Vladimir Putin doing in the skies of the Baltics?

Rio de Janeiro 'super-bug' discovered in Olympic sailing waters

Australian agencies must learn from their first major terrorist attack on home ground

A United Nations Timetable for Israel’s Surrender

Rock beating Paper....................from Rico

Rock (bullion) is clearly beating Paper today.

The carnage across global FX, commodity (oil), and equity markets has people doing the "Safe Haven Shuffle" and moving into Gold and Silver.

The Ruble is paper, too.
- Be mindful that the last time Russia tried to "save" the Ruble, U.S. markets fell 24% in three months.

Islam Keeps Giving the Wrong Impression.................from Dan Friedman

[In spite of reassuring words from Barack Hussein Obama, Joe Biden and other left/liberal “progressives,” the Muslim world continues to make its apologists look very, very bad.
 
A few more gruesome atrocities like the one below and it won’t be long before tens of millions people start getting the idea that Islam is not the same as it’s advertised by either the White House or the White House-controlled media. df]

Happy Hanukkah from the IDF!

Today we begin the eight day celebration of the festival of lights. Here is a special blessing from the IDF's Golan Regional Brigade. We wish you a bright and happy Hanukkah!



Obama's Legacy? Pakistani schoolchildren slaughtered by members of the Religion of Peace!...from TPC



Does Barack Obama have an ulterior motive for basically promoting terrorism through his US troop withdrawals in Iraq and Afghanistan in addition to negotiations with Iran, or is he just a really bad President?

Liberals Will Get Us All Killed

 

By Alan Caruba

The news from Sydney, Australia was of another incident in which a lone Islamic fascist took civilians hostage to fulfill a demented notion of a “holy war” on non-believers. After a siege by police two of the hostages he had taken were dead along with the gunman.

These attacks are becoming more frequent, referred to as “lone wolf” events, but in a larger context, they represent an effort by al Qaeda and the Islamic State, ISIS, to recruit individuals to wage a war of terror everywhere.

Looking back over the year, in May Mehdi Nemmouche who had returned to France after fighting for ISIS, entered the Jewish museum in Brussels and killed four people. In October Martin Couture Rouleau ran down two Canadian soldiers in Quebec, killing one of them. The same month, Michael Zehaf-Bibeau killed a soldier at the Canadian parliament in Ottawa. Also in October, Zale Thompson attacked four New York police officers with an axe, injuring two in an incident that was deemed to be an Islamist attack.

In the wake of these attacks police everywhere are grappling with what they can do to anticipate and respond. In the attacks that have occurred, the perpetrators were all known to law enforcement authorities for their extremist views. In September, the Department of Homeland Security and the FBI put out a joint intelligence bulletin that the Islamic State has the capacity to mount attacks on U.S. targets overseas with little or no warning. Presumably the warning also included domestic attacks as well.

At a time when the threat is real and growing, there are forces in America that have deliberately sought to undermine public support and trust in the Central Intelligence Agency and National Security Agency, both on the front line of defense against the Islamist menace. The release of a report by Sen. Diane Feinstein (D-CA), Senate Intelligence Committee chair, was widely denounced for its evident failure to interview those named as engaging in “torture” to deter further attacks. This 20-20 hindsight and reinterpretation of events is an offense on many levels.

One has to ask why it is always liberals who are unable to acknowledge an actual threat and defame those charged with preventing them. It is as if they live in a parallel universe, a make-believe world where our enemies do not exist.

This is the mind-set that led the President to remove our troops from Iraq, creating a vacuum that ISIS filled. He is now lowering our role in Afghanistan and the news of the day is a barbaric attack by the Taliban in Pakistan that has killed 130, mostly school children. Can liberals grasp the barbarity of the Islamist enemies of our nation and the whole of humanity? 

Most serious, though, are the negotiations with Iran, led by the Obama administration, that are sure to permit a leading sponsor of terrorism to acquire its own nuclear weapons.


This is why many cringed when the anticipated Democratic Party candidate for President, Hillary Clinton, a former Secretary of State, recently touted an approach she calls “smart power,” urging America to use “every possible tool and partner” to advance peace. This, she said, includes “leaving no one on the sidelines, showing respect even for one’s enemies, trying to understand and insofar as psychologically possible, empathize with their perspective and point of view.” 


This is the classic liberal excuse and attitude for not taking our enemies seriously when they say they want to destroy America. There isn’t a single justification for empathizing with people who want to kill you!

I frankly find the outcry against the nation’s police corps curious and outrageous. In the Ferguson incident, it was a case of self-defense that got Michael Brown killed. In Staten Island, it was the unanticipated death of Erik Garner who had resisted arrest and had a long record of similar offenses. The police did not set out to kill him, but a combination of his ill health and the takedown triggered his death.

The response of the communist Mayor of New York, Bill de Blasio, was not to defend his police force, but to join in the condemnation. Around the nation thousands marched, repeating the lies about Brown’s innocence and the claims about Garner’s death. The marches, held in a number of U.S. cities, were organized by groups with an agenda and it was aimed at undermining public support and trust in our police corps.

Remember, too, liberals are also opposed to the Second Amendment which empowers Americans to “keep and bear arms.” There is no way to misinterpret or not understand the limit this puts on government from the federal to the local level. Even so, the calls for such limits are constant.

Reportedly, “according to the Geneva-based Small Arms Survey – the leading source of international public information about firearms – the U.S. has the best-armed civilian population in the world, with an estimated 270 million total guns. That’s an average of 89 firearms for every 100 residents.” Liberals translate this as an invitation to mass murder in the streets and homes of America, but the reality is that gun ownership prevents criminal mayhem and protects lives. In states that permit concealed carry, the crime rate is less than in those that do not.

Liberals, though, would have you fear your local police force and those agencies that are tasked with protecting the nation, the CIA and the NSA. And, yes, the FBI too.

If not resisted, liberals would cause us all to be killed by our nation’s very real foreign enemies and the domestic perpetrators and criminals who prey on our society.  Next time you see a police man or woman, take a moment to tell them how much you appreciate their service.

© Alan Caruba, 2014

Playboy Plus' How-To | Wrap A Present



H/T Doverthere

NewsBusted 12/16/14................



Cartoon Round Up....






Different doors, same destination......................from Rico

It really does NOT matter if you enter via the door marked "Democrat" or the door marked "Republican" since they both enter the same financial slaughterhouse.
- Politicians are all the same, except for their red or blue neckties. They cannot help themselves.

And the operator of the schlachthaus?
- Yes, the Central Bankers.

Here is what one Central Banker recently said about the process at the New Orleans Investment Conference.

- "The Federal Reserve's primary mission is to support out-of-control government spending. If it tries to reverse...there will be a significant market event. If it keeps doing what it is doing, significant inflation is inevitable. A lot of people will be hurt."
- Greenspan

Free Fire Zone- Known Wolf Apologists..............

The Sydney Siege terrorist adds to the list of Lone wolves, better called Known Wolves. We see & hear their Islamist hatred, but ignore the danger.



Can We Stop This Train Before It Comes Off The Rails?


There’s a familiar old saying – “When Mama ain’t happy, ain’t nobody happy”. Applying that sentiment to Washington we have “When the voters ain’t happy, -- meh, Washington doesn’t really care”. How can it be that a recent Rasmussen poll shows Congressional approval ratings in the single digits, yet in the most recent election the vast majority of incumbents were reelected? The answer to that question might be found in the first paragraph of Rasmussen’s report:


Even though they just voted in a new Republican majority, voters still give Congress dismal marks and the majority believe members get reelected because the system is rigged.
(continue reading)

Judaism: The Religion of Light....................from Dan Friedman

While Ishmael’s spawn is reverting to type, butchering themselves and anyone else they decide are “infidels,” the Jews, as they have done for over two thousand years, are answering the darkness with the blessing of light. 
 
Happy Chanukah!

Best of Web 7 - HD - Zapatou..............



Tuesday Totty..............



Sydney Hostage Siege Ends With Gunman and 2 Captives Dead as Police Storm Cafe

Check the huge roundup, with breaking updates from Down Under: "Sydney Hostage Siege."



Also, "'There are no lone wolves in the jihad war...'"

Monday, 15 December 2014

Bedtime Totty................

Chanukah Celebrates Rededication

By Alan Caruba

Sometimes I think that Jews are going to have to arm themselves in order to celebrate Chanukah. These days, merely praying in a synagogue, whether it is in Jerusalem or Brooklyn has become hazardous.

Of course, those who hate Jews don’t really need an excuse to attack them. In November, Palestinian attackers killed five Israelis, four of whom were rabbis, in a Jerusalem synagogue. On December 8, a lunatic shouting “I want to kill the Jews” stabbed an Israeli student in the Chabad-Lubavitch synagogue in Brooklyn. The student survived the attack. Police killed the attacker.

December 16 through 24 marks this year’s celebration and one can only hope that it will be enjoyed without providing an excuse to attack Jews around the world. Chanukah celebrates an ancient military victory.
 
Known also as the Festival of Lights, the menorah that holds nine candles is the widely recognized symbol of the holiday; eight for the days and one to light the others. It celebrates the overthrow of an oppressive Greek ruler, Antiochus IV, and the rededication of the temple. Chanukah is not mentioned in formal Jewish scripture though the story is related in the book of the Maccabees. In 1948, Jews restored the nation of Israel.

Chanukah is a relatively minor Jewish holiday compared to the holy days of Rosh Hashanah, Yom Kippur or Passover. Because it falls close to Christmas, American Jews have incorporated it into their celebration and one suspects that most are likely to exchange gifts on December 25th to blend both holidays together as one

Of the estimated 14 million Jews worldwide approximately 5.5 million live in America. An estimated 6.2 million live in Israel, with 2 million in Europe, and about 100,000 in Africa, most of whom live in the nation of South Africa.

Fourteen million Jews may sound like a lot, but they represent about 0.2% of the world’s population. You could put them all in Texas and few would notice.

In the Middle East, Christians and Jews have been driven from their homes where many families had lived for centuries. In Syria and Iraq these days Christians are being crucified and beheaded for their faith. Muslims divided by whether they are Sunni or Shiite are also dying. It all seems so pointless.

Worldwide, religious and other forms of bigotry continue during this Chanukah and Christmas season as ever before.

One need look no farther than the United Nations which, on December 10, celebrated the anniversary of the adoption of the Universal Declaration of Human Rights in 1948. In 2014 the UN General Assembly adopted twenty more resolutions against Israel than any other nation for alleged violations of human rights. To put this in perspective, not one resolution was directed at China, Russia, or Saudi Arabia, among a long list of nations that deserve criticism.

Citing the Religious Freedom in the World Report 2014, Rabbi Jonathan Sacks noted that “Freedom of religion has deteriorated in almost half the nations of the world and sectarian violence is at a six-year high.”

Here in America, as the first Chanukah candle is lighted this year we are days from celebrating Christmas. These holidays are a good time to remind ourselves to resist those for whom religion is a reason to hate others as well as those who reject spiritual faith and seek to deny its message and joy to everyone.

These holidays are a time to rededicate ourselves.

© Alan Caruba, 2014

Teatime Totty................

The Plan....................from Rico

It's always good to have a plan.

It's even better to understand that (a) no plan ever survives initial contact, which is why (b) plan B was invented.

Ronin RS 211 - Jay Leno's Garage..............

Frank Profera transformed an unfortunate incident with his Lotus Elise into the 680hp, 1.8-liter-engined car of his dreams - with all kind of custom touches under the hood



Cartoon Round Up....






News................

Islamic State overruns town in Anbar, executes Awakening fighters

How God intervened in war against Nazi Germany

Upgrades Will Let the Navy’s LCS Operate in More Dangerous Waters

Obama's Grand Plan

JLTV RFP Out; Race To Final Pick

About 300 Chinese said fighting alongside Islamic State in Middle East

Follow five golden rules to prevent dementia, says study

Men who like spicier food are 'alpha males' with higher levels of testosterone, French report claims

Ethnic Cleansing of Jews in Turkey

Is Obama ready for an about-face to recognize Assad? Will Syria provide the strike force against ISIS?

This Time It's [Not] Different...................from Rico

This past week, the SPX erased three week's worth of back-to-back gains in a single week.
- The last time this happened was October 2007.

Not that markets are in a bubble induced by Central Bank expansion, or that corporate cash flow has halted (and so has revenue and EPS), coupled with the junk bond and energy market implosion.
- The wise guys, the TBTJ guys say "fuggedaboudid."

Have no worries. Forget counterparty risk. Invest in stocks. Remember to repeat "this time it's different" as you step off the cliff.
- Hey, if Barron's says so, why then it must be true!


Whip it.....................from Rico

Whip it.
- Whip it good.

"JP Morgan Chase CEO Jamie Dimon made calls to Congressionals [last Thursday] urging them to support the CRomnibus legislation."
- House Financial Services ranking member Maxine Waters (C-Calif).

It looks like Barry sold-out to Wall Street also, and joined Jamie to "whip" support for this $1.1 trillion steaming piece of excrement laughably called legislation.