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CHINA, INDIA CANCEL OUT COPENHAGEN
23/10/09 www.investors.com
Following a deal signed late Thursday between China and India, anything we might agree to do in Copenhagen is likely moot anyway. The two mega-nations, which together account for nearly a third of the world’s population, said they won’t go along with a new climate treaty being drafted in Copenhagen to replace the Kyoto Protocol that expires in 2012.
They’re basically saying no to anything that forces them to impose mandatory limits on their output of greenhouse gas emissions. Other developing nations, including Mexico, Brazil and South Africa, will likely reject any proposals as well.
The deal was already in trouble. Three weeks ago, the Group of 77 developing nations met in Thailand to discuss what they wanted to do about global warming. Their answer: nothing. William Hawkins, writing in the American Thinker, quotes a piece in China’s Science Times journal: “Why do the developed countries put an arguable scientific problem on the international negotiations table?”
WARNING! Copenhangen Treaty to Set up New World Order which overrides the Sovereignty of Signatory Nations says Lord Christopher Monckton. www.globalclimatescam.com |
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SENATOR BARNABY JOYCE ON ETS - THE HUNDRED BILLION DOLLAR QUESTION
21/10/09 www.barnabyjoyce.com.au
In Senate Economics Estimates today, Senator Joyce asked the CSIRO the million dollar question, or should that be the hundred billion dollar question, “Will the Australian Emissions Trading Scheme change the temperature of the globe?”
The answer confirmed my worst fears in that I could not get the answer ‘Yes’. I was told it would depend on global factors of course! There will be no global factors if the rest of the world is not part of a global scheme. The CSIRO was sensibly and more inclined to tell me that my question was a policy issue. That is correct as it lacks scientific credibility that there will be any discernable change in the climate by reason of an Australian ETS... |
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BULKED UP BANKS FORGET THE LITTLE GUY
by Stephen Mayne
The latest market capitalisation league ladders that appeared in the weekend papers provide a stunning example of big bank power in Australia. Here's the top five:
BHP Billiton: $128 billion (excludes UK shares)
Westpac: $73.72 billion
Commonwealth Bank: $72.78 billion
National Australia Bank: $58.68 billion
ANZ: $52.99 billion
 No other country in the world has four domestic banks in their top five most valuable companies and never before have our big four banks all been in the top five with market capitalisations each exceeding $50 billion. |
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LONG TERM US DOLLAR DEVALUATION GOOD FOR GOLD
by Mike Niehuser www.beaconrockresearch.com
It is becoming clearer that higher gold prices are tracking prospects for further devaluation of the U.S. Dollar. This is a result of the falling relevance and global stature of the U.S. economy, military and political cohesiveness. The stability of gold as a currency provides one of the best and most immediate polls on the direction of a nation’s future.
Gold has broken away from the seasonal pattern of flat to declining prices over each of the last seven years. This may have been a good indication that monetary easing in 2008 was beginning to circulate through the economy, increasing liquidity and the money supply. This presumed increase in liquidity could have been a reason for increases in the price of gold and the Dow. Not surprisingly, the rate of money circulation is anaemic, as evidenced by low demand and supply of credit. It appears that liquidity may not be finding its way into either reported inflation indices or growth in gross domestic product (GDP). |
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SWINE FLU FACTS - DR RUSSELL BLAYLOCK Behind the push to vaccinate the entire population are the pharmaceutical makers of the vaccines, who are working in conjunction with the government to make the vaccine mandatory.
Homeland security and FEMA are pushing for forced vaccinations and the medical experts, virologists and epidemiologists are calling for calm and resorting to voluntary vaccination only. The former have links with the vaccine manufacturers via political contacts. A great deal of money will be made by the manufacturers, should forced vaccinations be mandated. See video interview by Dr Joseph Mercola of Dr. Russell Blaylock to debunk the media hype about swine flu, explaining the real statistics and what the health dangers of the vaccinations are. Dr Russell Blaylock is a neurosurgeon, author and lecturer. See resume at www.russellblaylockmd.com/ |
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