Check this out…

“ClimateGate” searched on Google….

Let’s spell it like this…

So combined that’s…about 20 million searches for news about ClimateGate.

Here’s the front page of CBC…

I’ve been reading the Telegraph blogs for awhile now.

They were a great (and future) source for ClimateGate and they are proving to be a great source for other extremely important news stories that the Mainstream Media either won’t or can’t cover.

Check this out…

Stephen Jen from the hedge fund Blue Gold Capital has a warning for those who think that gold has risen far too high, is necessarily in a speculative bubble, and must soon come clattering back down.

Mr Jen is an expert on sovereign wealth funds from his days at Morgan Stanley. The gold story — essentially — is that the rising economic powers of Asia, the Middle East, and the commodity bloc are rejecting Western fiat currencies. China, India, and Russia have all been buying gold on a large scale over recent months.

Why should that stop when the AAA club of sovereign debtors is pushing towards the danger threshold of 100pc of GDP?

These new players account for almost all the accumulation of foreign currency reserves worldwide over the last five years, so what they do matters enormously.

After crunching the numbers, Mr Jen found that the share of gold in their reserves is just 2.2pc compared to 38pc for the Old World (perhaps we should just call them the deadbeats from now on). They would have to buy $115bn of gold at current prices to raise their bullion to just 5pc of total reserves, and $700bn to reach just half western levels.

The killer-term here is at current prices since any such move in the tiny global market for gold would send prices into the stratosphere…..

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100002252/china-gold-and-the-civilization-shift/

2009 demonstrates the abxolute decline of Old Media…ie. newspapers, television, too a lesser extent radio.

Newspapers are simply too old by the time they are published. Ebay and Craigslist have destroyed the Classifieds. Advertisers don’t want to pay for declining readership.

Television has always been too expensive to produce and the business model of selling ads inbetween programming doesn’t work in the land of Tivo.

Radio still works for two reasons…it’s cheap and people listen to it in their cars.

On top of these market/technology problems there has been the problem of bias.

ClimateGate is the apex of technology/bias/markets…leading to obsolescensce.

Here’s Mark Steyn…

What Story?   [Mark Steyn]

Michael Gerson has lousy timing. In The Washington Post, in one of those now familiar elegies for old media, he writes:

And the whole system is based on a kind of intellectual theft. Internet aggregators (who link to news they don’t produce) and bloggers would have little to collect or comment upon without the costly enterprise of newsgathering and investigative reporting. The old-media dinosaurs remain the basis for the entire media food chain.

That’s laughably untrue in the Warmergate story. If you rely on the lavishly remunerated “climate correspondents” of the big newspapers and networks, you’ll know nothing about the Climate Research Unit scandals – just the business-as-usual drivel about Boston being underwater by 2011. Indeed, even when a prominent media warm-monger addresses the issue, the newspaper prefers to reprint a month-old column predating the scandal. If you follow online analysis from obscure websites on the fringes of the map, you’ll know what’s going on. If you go to the convenience store and buy today’s newspaper, you won’t. That’s the problem.

If anyone needs newspapers, it ought to be for stories like this. If there were no impending ecopalypse, then “climate science” would be a relatively obscure field, as it was up to a generation ago. Now it produces celebrity scientists living high off the hog of billions in grants. They thus have a vested interest in maintaining the planet’s-gonna-fry line. So what do the media do? Instead of exposing the thesis to rigorous journalistic examination, they stage fluffy green stunts, run soft-focus “living green” features with Hollywood “activists”, and at a time of massive staff cutbacks in every other department create the positions of specialist “climate correspondent” and “environmental reporter” and fill them with sycophantic promoters of the Big Scare to the point that, as Dr Mann coos approvingly to The New York Times, “you’ve taken the words out of my mouth”.

What Gerson writes ought to be true. Warmergate demonstrates why it isn’t.

So Canada and India can now begin buying and selling nuclear technology.

Good feather in Harper’s cap.

India is a free country and sure to be a major player in the future.

They need energy and ultimately…so what if they develop nuclear weapons with it. They are surrounded by shit and the bigger the guns the better the peace.

http://www.theglobeandmail.com/news/politics/canada-india-ink-nuclear-deal/article1381488/

Ottawa and Delhi have concluded negotiations on a deal allowing Canadian companies to resume sales of uranium and nuclear technology to India for the first time since it used Canada’s know-how to develop warheads 35 years ago.

Prime Minister Stephen Harper, whose minority government is eagerly courting Indo-Canadian voters and India’s nuclear industry market, made the announcement today while at a Commonwealth leaders’ summit in Port of Spain, Trinidad.

“This agreement is a testimony to the undeniable potential that Canada and India can offer each other and the world,” Mr. Harper said in a statement after meeting with Indian Prime Minister Manmohan Singh.

India’s civilian nuclear energy market is be worth anywhere from $25-billion to $50-billion in business opportunities over the next 20 years.

The Conservative government declined to release the text of the India-Canada deal, however, saying it would only be released when implementing legislation is tabled in Parliament. The minority Tory government will require the support of MPs from one opposition party in order to pass the agreement………

Go to this site and type in your income.

Find out where you rank in world standings…

http://www.globalrichlist.com/

The continued rapid cooling of the earth since WWII is in accord with the increase in global air pollution associated with industrialization, mechanization, urbanization and exploding population. — Reid Bryson, “Global Ecology; Readings towards a rational strategy for Man”, (1971)

Any mention of CarbonGate?

Not that I heard.

Got a letter from RBC today.

They are raising my credit lone interest rate from 4% to 5%.

They claim “market conditions” for doing so.

Inflation baby…it’s coming.

Here is a link to Canada’s 2009 budget…

Now watch as I cut millions out of it…

Some of the key items in the budget are:^[3]

• $12 billion in new infrastructure stimulus funding for roads, bridges, broadband internet access, electronic health records, laboratories and border crossings across the country.

Fine

• $20 billion in personal income tax relief

Good

• $7.8 billion to build quality housing, stimulate construction and enhance energy efficiency.

Cut…savings = 7.8 billion

• Increasing the basic personal amount that all Canadians can earn without paying federal income tax.

Good

• Raising the upper limit of the two lowest personal income tax brackets by 7.5 per cent so that Canadians can earn more at lower tax rates.

Awesome

• Increasing the amount that low- and middle-income families can earn before their federal child benefits are phased out.

Good

• Investing $580 million to effectively double the tax relief provided by the Working Income Tax Benefit.

Good

• Providing tax savings of up to $150 a year for seniors by increasing the Age Credit amount by $1,000.

Good

• The temporary Home Renovation Tax Credit of up to $1,350 for eligible home renovations and alterations.

I would cut this, but I don’t know how to calculate the savings.

• An increase to the Home Buyers’ Plan withdrawal limit to $25,000 from $20,000 to help Canadians buy a first home.

Same as above.

• A new First-Time Home Buyers’ Tax Credit that will provide up to $750 in tax relief when purchasing a first home.

Same as above.

• $300 million over two years to the ecoENERGY Retrofit program.

Cut – savings = 2.1 billion total

• $1 billion over two years for renovation and energy retrofits to social housing.

Cut-savings = 3.1 billion total

• $400 million over two years to build housing for low-income seniors.

Fine

• $75 million over two years to build social housing for persons with disabilities.

Fine

• $200 million over two years to support social housing in the North.

Cut. Just cause you live in the North doesn’t make you special…savings – 3.3 billion total

• $2 billion over two years in low-cost loans to municipalities to improve housing-related infrastructure.

Cut – savings 5.3 billion total

• $1 billion over five years for a green infrastructure fund.

Cut – 6.3 billion total

• Up to $500 million over the next two years to accelerate infrastructure projects in small communities.

Fine.

• $1 billion over two years to expedite new “ready-to-go” provincial, territorial and municipal projects.

Fine

• $4 billion over two years to restore aging infrastructure.

Cut it by 1 billion – savings = 7.3 billion total

• $500 million over two years to Recreational Infrastructure Canada (RInC) to build and renew community recreational facilities.

Fine

• $2 billion for repair, maintenance and construction of post-secondary institutions.

How about more private post-secondary? I’d still leave this one though.

• $750 million to the Canada Foundation for Innovation to support leading-edge research infrastructure.

Fine

• $50 million to the Institute for Quantum Computing for a new research facility.
• $250 million over two years for deferred maintenance at federal laboratories.
• $500 million to Canada Health Infoway for electronic health records.
• $225 million over three years to extend broadband coverage to unserved communities.
• $407 million for improvements to VIA Rail service.
• $72 million over five years to improve railway safety.
• $130 million to Parks Canada for Trans-Canada Highway twinning.
• $150 million for visitor improvements and upgrades to Parks Canada.
• $212 million to renew the Champlain Bridge in Montréal.
• $57 million for the renewal of other key federal bridges across Canada.
• $80 million over three years to expand and modernize border service facilities.
• $217 million for core commercial fishing harbours across Canada.
• $323 million over two years to restore federal buildings.
• $87 million over two years for key Arctic research facilities.
• $20 million in each of two years to improve the accessibility of federally owned buildings for persons with disabilities.

Fine with all this above stuff. It’s reasonable.

• $296 million to enhance air passenger security.

9-11 was a long time ago, let’s stopping pretending all this airport theatre matters, savings = 7.596 billion

• $1 billion for clean energy research, development and demonstration projects.

cut – 8.596 billion total

• $110 million over three years for space robotics research and development.
• $81 million over two years to accelerate the cleanup of federal contaminated sites.

Fine

• $1 billion for green infrastructure projects.

cut – 9.596 billion saved

• $1 billion over two years for renovation and energy retrofits to social housing.

cut – 10.596 billion saved

• $300 million over two years to the ecoENERGY Retrofit program.
• $1 billion for clean energy research, development and demonstration projects.
• $87 million over two years for key Arctic research facilities.
• $245 million over two years for the cleanup of federal contaminated sites.
• $10 million to improve government environmental reporting.
• A 14-week extension of work-sharing agreements to a one-year maximum.
• $50 million over two years to cover severance pay owed to eligible employees of bankrupt companies.
• A five-week extension to all regular Employment Insurance (EI) benefits for two years.
• Continued low EI premium rates of $1.73 for 2009 and 2010, providing relief of $4.5 billion over two years.
• $500 million to extend EI benefits for workers in longer-term training.
• $1.5 billion over two years for EI and non-EI training programs.
• $55 million over two years for youth employment.
• $60 million over three years for the Targeted Initiative for Older Workers.
• $40 million a year to launch the $2,000 Apprenticeship Completion Grant.
• $87.5 million over three years to expand the Canada Graduate Scholarships program.

cut it all – some is repeated. More money to similar stuff perhaps? total savings = about 15.5 billion

• $50 million for a foreign credential recognition framework.

Fine

• An additional $50 billion for the Insured Mortgage Purchase Program, increasing its size to $125 billion.

don’t know what that means so I’ll leave it.

• $13 billion to increase the lending of Crown corporations, of which $5 billion will be delivered through the new Business Credit Availability Program.
• $12 billion for a Canadian Secured Credit Facility to support financing of vehicles and equipment.
• An increase in the loan limit for small businesses under the Canada Small Business Financing Program.
• A two-year, 100-per-cent capital cost allowance (CCA) rate for investment in computers.
• A two-year extension of the temporary 50-per-cent straight-line accelerated CCA rate to investment in manufacturing or processing machinery and equipment undertaken in 2010 and 2011.
• Over $440 million in savings for Canadian industry over the next five years by eliminating tariffs on a range of machinery and equipment.
• $170 million over two years to support innovation and marketing for the forestry sector.
• $500 million over five years to facilitate new agricultural initiatives.
• $50 million over three years to strengthen slaughterhouse capacity.
• $175 million to buy new coast guard vessels and refurbish aging vessels.

Fine.

• Over $335 million over two years for cultural and arts programs, including television, print media, museums, libraries and local theatres.

Fuck no. total savings = 15.835 billion

• $40 million over two years for tourism marketing activities.
• $50 million per year for marquee festivals and other tourist events.
• An increase to $500,000 in the amount of small business income eligible for the reduced federal tax rate of 11 per cent.
• $30 million over two years for the Canada Business Network.
• $200 million over two years to support industrial research for small and medium-size businesses.

Fine

• More than $1 billion over five years for a Southern Ontario development agency to support economic development in Southern and Eastern Ontario.
• $1 billion over two years for a Community Adjustment Fund (CAF) to lessen the impact of economic adjustment.
• $50 million for a new regional agency, and economic development in the North.

nope…cut it – savings total = 16.585

• A one-year extension of the temporary 15-per-cent mineral exploration tax credit.

fine

• $515 million over two years to accelerate “ready-to-go” First Nations projects in three priority areas: schools, water, and critical community services.
• $400 million over two years for social housing for First Nations on reserves.
• $100 million over three years in the Aboriginal Skills and Employment Partnership.
• $75 million in a two-year Aboriginal Skills and Training Strategic Investment Fund.
• $305 million over two years to improve health outcomes for First Nations and Inuit people.
• $20 million over two years to improve child and family services on reserves.

Cut all of this obviously….TOTAL SAVINGS EQUALS -  $17, 270,000.00

Here’s a good article over at PC World.

The main conclusion is thus…

YouTube Direct is a nice gesture from Google to the mainstream media. It’s an attempt to connect news organizations to the citizen journalists they secretly loathe, but it assumes, falsely, that those citizen journalists need the news organizations in the first place.

http://www.pcworld.com/article/182362/youtube_direct_why_citizen_journalists_shouldnt_care.html

This is what a lot of people are still having trouble wrapping their heads around.

They think things like Twitter, YouTube and Facebook are innovative research tools for the media…but they’re not…they’re replacements for the media.

So this Stephen Carter guy doing fundraising for the Wildrose Alliance tweeted on his twitter the other day. Made fun of Ed Stelmach’s accent.

Pretty tame stuff.

CBC did the story below about it. Tom Olsen “didn’t know if it was an attempt to belittle Ukrainians”.

Yeah Tom…it was exactly that.

Could somebody tell me when exactly politics became a contest to see who could display the biggest victim card? Seems like hardly a week goes by in which someone down on Parliment Hill isn’t righteously indignant about something or another and demanding an apology over some perceived slight or harsh word.

Lame.

http://www.cbc.ca/canada/edmonton/story/2009/11/20/edmonton-carter-twitter-stelmach.html

http://www.usdebtclock.org/

Old Media is over.

New Media is just beginning.

Things are really changing now. 10 years ago people were just trying to do on the web, what people before did on t.v. or in the newspapers.

Now the entire format is being re-written.

It is truly the dawning of a new era…

‘YouTube Direct’ Designed for Citizen Reporters

by Chloe Albanesius

Everyone says China is the key to success. To add to what geithner says, consumer spending in the US accounts for 70% of US GDP. This holiday season is going to be AWFUL. China’s economy is based mostly on US demand for their shit products. If this christmas season is bad, no matter how they fudge the numbers…….they are going to need MASSIVE stimulus again to keep this boat righted.

PS – were more likely to see T2000 etc than an economic recovery!

http://albertabubble.blogspot.com/2009/11/weekend-open-thread.html#disqus_thread

Dear Quebec,

The dream is over.

You pretend for free cash.

We don’t believe you anymore.

Time to grow up.

Yours truly,

Canada

http://www.cbc.ca/canada/montreal/story/2009/11/16/quebec-parizeau-book-sovereignty-independence.html

Here’s a new video game…strategy type war thing.

The premise is that Republican’s take back Congress in 2010 and Obama declares a dictatorship.

Freedom fighters launch an attack.

http://www.wired.com/underwire/2009/11/obamas-coup-fails/

Nothing like this happened when Clinton was president.

Obama – The higher you climb the longer you fall.

Article link here…http://hillbuzz.org/2009/11/10/thank-you-former-president-george-w-bush-and-former-first-lady-laura-bush/

We know absolutely no one in Bush family circles and have never met former President George W. Bush or his wife Laura.

If you have been reading us for any length of time, you know that we used to make fun of “Dubya” nearly every day…parroting the same comedic bits we heard in our Democrat circles, where Bush is still, to this day, lampooned as a chimp, a bumbling idiot, and a poor, clumsy public speaker.

Oh, how we RAILED against Bush in 2000…and how we RAILED against the surge in support Bush received post-9/11 when he went to Ground Zero and stood there with his bullhorn in the ruins on that hideous day.

We were convinced that ANYONE who was president would have done what Bush did, and would have set that right tone of leadership in the wake of that disaster.  President Gore, President Perot, President Nader, you name it.  ANYONE, we assumed, would have filled that role perfectly.

Well, we told you before how much the current president, Dr. Utopia, made us realize just how wrong we were about Bush.  We shudder to think what Dr. Utopia would have done post-9/11.  He would have not gone there with a bullhorn and struck that right tone.  More likely than not, he would have been his usual fey, apologetic self and waxed professorially about how evil America is and how justified Muslims are for attacking us, with a sidebar on how good the attacks were because they would humble us.

Honestly, we don’t think President Gore would have been much better that day.  The world needed George W. Bush, his bullhorn, and his indominable spirit that day…and we will forever be grateful to this man for that.

As we will always be grateful for what George and Laura Bush did this week, with no media attention, when they very quietly went to Ft. Hood and met personally with the families of the victims of this terrorist attack.

FOR HOURS.

The Bushes went and met privately with these families for HOURS, hugging them, holding them, comforting them.

If there are any of you out there with any connection at all to the Bushes, we implore you to give them our thanks…you tell them that a bunch of gay Hillary guys in Boystown, Chicago were wrong about the Bushes…and are deeply, deeply sorry for any jokes we told about them in the past, any bad thoughts we had about these good, good people.

You may be as surprised by this as we are ourselves, but from this day forward George W. and Laura Bush are now on the same list for us as the Clintons, Geraldine Ferraro, Stephanie Tubbs Jones, and the other political figures we keep in our hearts and never allow anyone to badmouth.

Criticize their policies academically and intelligently and discuss the Bush presidency in historical and political terms…but you mess with the Bushes personally and, from this day forward, you’ll answer to us.

http://www.gallup.com/poll/124226/Republicans-Edge-Ahead-Democrats-2010-Vote.aspx

Lou Dobbs has parted ways with CNN. He has mentioned that people are asking him to become a greater part of a solution to the problems he is constantly harping about.

This could be big.

The Republicans don’t have a stand out big time hitter in line for 2012. They are a party with a bunch of decent people in it, but no stand out home run hitters that have leadership qualities and winner abilities.

Just google Lou Dobbs for President and watch the results.

Here is a site…http://loudobbs4president.com/