http://www.nytimes.com/…

So the House passed the Waxman-Markey climate-change bill. In political terms, it was a remarkable achievement.

But 212 representatives voted no. A handful of these no votes came from representatives who considered the bill too weak, but most rejected the bill because they rejected the whole notion that we have to do something about greenhouse gases.

And as I watched the deniers make their arguments, I couldn’t help thinking that I was watching a form of treason — treason against the planet.

To fully appreciate the irresponsibility and immorality of climate-change denial, you need to know about the grim turn taken by the latest climate research.

I keep fairly up to date on the latest information regarding climate change and I’m still not convinced of the extent to which humans have influenced the climate. The lists of scientists which oppose the politically correct version of anthropogenic global warming climate change grows larger and larger all the time. Regardless of whether or not global climate change is man made the solution is more freedom and property rights protection rather then less. It is fascism and collectivism which has lead to the increase in pollution and use of oil. The government is the largest polluter, excuses other polluters and subsidizes organizations which the free market likely wouldn’t had invested in.

http://www.michaelmoore.com/…

Goodbye, GM …by Michael Moore

1. Just as President Roosevelt did after the attack on Pearl Harbor, the President must tell the nation that we are at war and we must immediately convert our auto factories to factories that build mass transit vehicles and alternative energy devices. Within months in Flint in 1942, GM halted all car production and immediately used the assembly lines to build planes, tanks and machine guns. The conversion took no time at all. Everyone pitched in. The fascists were defeated.

We are now in a different kind of war — a war that we have conducted against the ecosystem and has been conducted by our very own corporate leaders. This current war has two fronts. One is headquartered in Detroit. The products built in the factories of GM, Ford and Chrysler are some of the greatest weapons of mass destruction responsible for global warming and the melting of our polar icecaps. The things we call “cars” may have been fun to drive, but they are like a million daggers into the heart of Mother Nature. To continue to build them would only lead to the ruin of our species and much of the planet.

The other front in this war is being waged by the oil companies against you and me. They are committed to fleecing us whenever they can, and they have been reckless stewards of the finite amount of oil that is located under the surface of the earth. They know they are sucking it bone dry. And like the lumber tycoons of the early 20th century who didn’t give a damn about future generations as they tore down every forest they could get their hands on, these oil barons are not telling the public what they know to be true — that there are only a few more decades of useable oil on this planet. And as the end days of oil approach us, get ready for some very desperate people willing to kill and be killed just to get their hands on a gallon can of gasoline.

President Obama, now that he has taken control of GM, needs to convert the factories to new and needed uses immediately.
Read More…

http://sg.biz.yahoo.com/…

The United States has asked four oil-rich Gulf states for close to 300 billion dollars to help it curb the global financial meltdown, Kuwait’s daily Al-Seyassah reported Thursday.

Quoting “highly informed” sources, the daily said Washington has asked Saudi Arabia for 120 billion dollars, the United Arab Emirates for 70 billion dollars, Qatar for 60 billion dollars and was seeking 40 billion dollars from Kuwait.

Al-Seyassah said Washington sought the amount as “financial aid” to face the fallout of the financial crisis and help prevent its economy from sliding into a painful recession.

The daily said the United States plans to use the funds to help the ailing automobile industry, banks and other companies suffering from the global financial turmoil.

The four nations, all members of OPEC, produce together 14 million barrels of oil per day, around half of the cartel’s production and about 17 percent of world supplies.

The four states are estimated to have amassed close to 1.5 trillion dollars in surplus in the past six years due to high oil prices that rocketed above 147 dollars in July before sliding to just above 50 dollars.

The daily also said that the United States has asked Kuwait to forgive its Iraqi debt estimated at around 16 billion dollars.

$300b is really a drop in the bucket though compared to the $7.76t promised by the government.

http://freakonomics.blogs.nytimes.com/…

First batch here.

Here is the second. Like the first batch, they are well-considered and interesting throughout; they will surely make many readers continue to wish fervently for a Paul presidency.

Thanks again to Rep. Paul for his time and insights, and to all of you for the good questions.

Q: What is the first thing the country should do about its monetary policy?

A: We should immediately audit the Federal Reserve. I am the ranking member of the Monetary Policy subcommittee in the U.S. Congress, yet I can get more information about the internal workings of the C.I.A. than I can about our central bank. This secrecy is fundamentally wrong, and I believe that people from all over the ideological political spectrum can agree on that.

Bloomberg News this month has gone to court compel the Fed to disclose securities the central bank is accepting on behalf of American taxpayers as collateral for trillions of dollars of loans to banks. Expanding transparency is critical and could be done very quickly.

Q: What are your expectations for the next four years under an Obama administration? How might President Obama’s interventionist economic policies impact our lives?

A: Unfortunately, I don’t expect many good things. I do expect a lot of spending and even more debt. To really cut spending and balance our budget, we need to change foreign policy. Obama’s rhetoric on foreign policy is better than what we have gotten recently, but don’t expect any real change.

He may be more likely to wind things down in Iraq, but he’s still planning on keeping troops there for a least 16 more months. He wants money for Georgia and more troops in Afghanistan. He isn’t going to bring home our 30,000 troops from Korea or our 50,000 soldiers in Germany, and he won’t close any of our 700 foreign bases. At the same time, he is planning even bigger spending here at home. I hope I’m wrong, but if this spending and debt continue, the dollar is going to crash and we will see the middle class in this country take a grave hit.

Q: Do you deny global warming? Is Obama right to invest money in green technology? If you don’t deny it, and don’t think Obama is right, what is your solution?

Read More…

http://www.reuters.com/…

Iran has converted financial reserves into gold to avoid future problems, an adviser to President Mahmoud Ahmadinejad said in comments published on Saturday, after the price of oil fell more than 60 percent from a peak in July.

Iran, the world’s fourth-largest oil producer, is under U.N. and U.S. sanctions over its disputed nuclear programme and is now also facing declining revenue from its oil exports after crude prices tumbled.

“With the plans of the presidency…the country’s money reserves were changed into gold so that we wouldn’t be faced with many problems in the future,” presidential adviser Mojtaba Samareh-Hashemi was quoted as saying by business daily Poul.

He gave no figures or other details.

Before oil prices plunged by more than 60 percent from a peak of $147 per barrel in July, Iran made windfall gains from its crude exports and in April estimated its foreign exchange reserves at about $80 billion.

Iranian officials in July denied reports Iranian banks were moving funds from Europe, with one report suggesting as much as $75 billion had been withdrawn and converted into gold or placed in Asian banks, because of a threat of tightening sanctions.

The International Monetary Fund said in August that if the price of Iranian crude fell to $75 a barrel, Iran would face a current account deficit in the medium term that would be tough to sustain due to Tehran’s financial isolation.

On Friday, U.S. crude fell $1.20 at $57.04.

Gold futures ended more than 5 percent higher on Friday and bullion ended the week about $10 higher compared with its last Friday’s close of $735.95 as investors covered short positions.

Iran best be careful. The international bankers may consider that an act of war.

The Wanna-Be Vice Dictators
Posted by Anthony Gregory at 08:12 PM

They both want more regulation, more totalitarian “oversight,” more national socialism. So far, the only debate is centered around a lie perpetuated by both sides: That the Republicans are for smaller government.

McCain Is a Socialist, Too!
Posted by Anthony Gregory at 08:15 PM

Palin argues that McCain is anything but laissez-faire. After all, he’s for campaign finance censorship and tobacco nanny statism.

She’s Getting Away With It
Posted by Anthony Gregory at 08:19 PM

The key for McCain is to somehow run against the status quo, to run against his own party’s recent legacy. Palin says that we shouldn’t trust national health care, unless we have been happy with the way the feds have been handling things lately. Of course, she is right. Those who hate the Bush legacy — meaning, total statism — should logically oppose socialism too. But the McCain/Palin administration would be more of the same, more Bushism, more socialism. This severe ideological confusion helps both parties, and creates the illusion that there is a difference between the two.

Biden is getting away with it too, blaming the Republicans for shrinking the state. I can’t stand either one.

The Elephant in the Room
Posted by Anthony Gregory at 08:23 PM

They both support the fascist bailout. They both support a trillion-dollar foreign policy and a multi-trillion dollar corporate/entitlement state. They are debating over millions when the state they wish to run spends trillions. Even assuming the greatness of mass democracy, this is a grave injustice. They should be debating big, real issues. Not this trivia.

Meanwhile, the McCain campaign continues to campaign on the fact that for a few days they nominally stopped campaiging.

The GOP’s Embrace of Autarky
Posted by Anthony Gregory at 08:30 PM

When, by the way, did the Republicans and almost all conservatives come to champion the frightening and economically ludicrous concept of “energy independence”? What they mean, of course, is autarky and socialism: All energy produced within America, and every single form of energy — solar, coal, oil, nuclear, wind, etc. — subsidized massively by the federal government. Even the Alaska drilling issue isn’t conceived of with anything approaching market reasoning. “We,” as in the federal government, should drill.

(Although the Republicans are more skeptical of the global warming zeitgist, they seem willing to champion big government programs such as carbon emissions limits to address climate change. Hey, environmentalists, with all the Republican leaders and corporate state adopting this line, you know it’s wrong.)

Biden Just Admitted It
Posted by Anthony Gregory at 08:39 PM

Obama’s Iraq withdrawal plan is the same as Bush’s. Biden does say, however, that the Dems will end the war, eventually. Palin doesn’t even make this much of a promise. On foreign policy, the Dems still seem slightly better than the Repubs.

On the other hand, “Pakistan already has nuclear weapons,” Biden points out, and so, I guess, we should be at war with them.

A Relief
Posted by Anthony Gregory at 08:54 PM

Well, at least both say Israel must be protected at all costs, that nothing is more important, and that Iran is the greatest threat ever. Indeed, they both accuse the other of being insufficiently determined to keep the Persians in line.

They also agreed on gay marriage, just as Bush and Kerry did: More equality under the law but no marriage for homosexuals. Same exact position. Different emphasis.