Slipping Off The Continent

The WAIS slipping off the continent scare story has been around for decades, and is typical of the technically illiterate people known as climate scientists.  Scaled down to size, the Antarctic ice sheet is thinner and flatter than a sheet of paper. It would take thousands of years for any large scale movement of the ice. These people are complete morons.


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52 Responses to Slipping Off The Continent

  1. A sense of scale is generally lacking in much of academic science, and I consider it the main symptom of the general scientific incompetence. As I wrote in a recent blog post, “More than 30 years ago, I had already concluded that the main failing of today’s scientists was their inability to handle basic probabilities, and thus to govern their imaginations, and especially to rigorously match the strength–not to mention the kind–of their proposed causes to the strength–and kind–of the observable effects (0.04% CO2 as the ‘control knob’ of global mean temperature, for example…” In other, fewer words, keep things in their proper scale (as well as their likely area–or “kind”–of direct impact).

    • Gail Combs says:

      This is why engineers and ‘real life’ aka industrial scientists and geologists (those not working in Academia or the government) do not believe in CAGW if they bother to look at the information available.

      • In the wider picture (even just with respect to climate science), it is, at bottom, not about “real life” scientists versus academic/government scientists (although the intrusion by political powers in, and the subornation of all of our “authoritative” institutions to, the false climate science, makes that an easy observation to make here). I don’t believe ANY competent physical scientist CAN believe in CAGW–the science is THAT bad, as I believe I have shown with the definitive facts, on my blog. But I also know ALL of the earth and life sciences are founded upon false assumption, actually a false paradigm, of undirected evolution of the Earth and all the life on it; and all of them are full of equally incompetent, speculative theories that are based upon just that inattention to scale and cause-effect matching that I have emphasized here.

        • stewart pid says:

          I was wondering how long Harry could post almost normal stuff before the voices in his head convinced him to once again twist off on the subject of his invisible friend.

        • methylamine says:

          @stewart pid:
          Until you can demonstrate a comprehensive knowledge of the universe and its workings, it’s a little incautious to dismiss a theory off-hand.
          We don’t know how the Big Bang started. We don’t understand the nature of 95% of the mass of the universe–chalking it up to “dark matter” and “dark energy”. We’re still struggling to unify the basic forces of the universe.

          There’s evidence of an underlying granularity in the universe, a kind of static ether, as seen in propagation discrepancies of cosmic rays from different directions.

          It’s a pretty mysterious place. Is it a simulation? A construct? A creation? An accident?

          We don’t know. Keep an open mind.

        • jdseanjd says:

          Stewart pid, just think for a moment about the “Big Bang” theory.

          ALL matter in the UNIVERSE is contained within a microdot, within zero volume. Que?
          By what fantastic force?
          All matter explodes forth,at a specific micromoment in time.
          By what mechanism?

          The Roman Catholic Church’s leisurely 6 day creation story seems rather more credible to me than Hawking’s theoretical mathematics, at least God got a day of rest, after.

          & I believe in neither.

  2. Kent Clizbe says:


    Have you seen this article from the Washington Times?

    The Crony Capitalists in the Pentagon’s industrial clique are banging the drums for the climate war.

    They see Afghanistan going away, and with it their massive profits. They need another revenue source.


    • Jeffk says:

      It’s normal for new ice to push away old ice. But NORMAL isn’t something libs would recognize. Maybe if we put a transgender dress and makeup on the ice shelf, they’d embrace it!

      • methylamine says:

        OOOooh, trendy! I like it! Spray it pink, give it a persona narrated by a high lispy metro-male voice and suddenly it will be the media darling.

        Then have it pronounce outrageous insults against straight white males while making a fake tittering laugh. Voila! Modern agitprop!

    • Gail Combs says:


      Well at least they are not banging the drum suggesting we go to war with Russia or worse China

      • jdseanjd says:

        Looks like they’re using Right Sector Nazi proxy troops, Gail, to provoke the Bear.
        Looks like the madsters are in charge of the asylum.

        • Gail Combs says:

          With luck Putin is smart enough not to get trapped in a situation he can not get out of peacefully.

          I really do hate the Banksters and their darn False Flags.

          They make the money and we pay for it in blood and sweat.

          Unfortunately the politicians love a war for getting the citizens off their backs… LOOK a SQUIRREL! and Obama has more scandals to hide than most politicians.

        • Send Al to the Pole says:

          The Nazi’s were self declared socialists. Everyone seems to forget this. And I realize it’s more complicated than that. I’ll definitely buy the notion of foreign direction in this election, but to say it is orchestrated by the US? I would ask: “who is that?” It certainly isn’t Obungler, who can’t even act to fire an administrator in the VA. The work of the Banksters is what I would suspect. What’s happening around the world is more complicated than simply left vs right. There is a range of perspectives. Kent’s first link above is a good example.

        • Gail Combs says:

          Kent has the last half of the story in his book Willing Accomplices: How KGB Covert Influence Agents Created Political Correctness and Destroyed America SEE Kent’s website

          Congressman McFadden has the first half of the story. Louis T. McFadden’s Speech In the House of Representatives

          … Some people think the Federal Reserve banks are United States Government institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders….

          …These twelve private credit monopolies were deceitfully and disloyally foisted upon this country by the bankers who came here from Europe and repaid us for our hospitality by undermining our American institutions. Those bankers took money out of this country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along. They instigated the separate peace between Germany and Russia and thus drove a wedge between the Allies in the World War. They financed Trotsky’s passage from New York to Russia so that he might assist in the destruction of the Russian Empire. They fomented and instigated the Russian revolution and they placed a large fund of American dollars at Trotsky’s disposal in one of their branch banks in Sweden so that through him Russian homes might be thoroughly broken up and Russian children flung far and wide from their natural protectors….

          For these types of speeches McFadden was driven out of Congress and when he didn’t shut up but continued to speakout he was assassinated.

      • Colorado Wellington says:

        I need extra coffee before I’m ready to read more comments about transgender dresses, banging and sliding off sheets.

        Then I’ll be able to cope.

  3. jdseanjd says:

    There’re a couple of articles on:
    Prof. Michael Keefer makes some great points, then finishes on climate drivel.
    Paul Craig Roberts latest is a must read.
    & this one :

    Agenda 21 depopulation madness?

    • Gail Combs says:

      I really wish they would leave the Zionist bashing completely out of the stories. It makes people discount them as nut-jobs.

      I handed something Paul Craig Roberts wrote a couple of months ago to my Husband and that was the first thing he commented on after doing a quick web search. He then refused to take Dr. Roberts seriously.

      Use Bankers instead it is more appropriate and doesn’t turn off the Occupy Wall Street crowd. Also the fraud involved in Fractional Reserve Banking is very very easy to prove.

      • jdseanjd says:

        Quite agree.

        Too many people are stuck in the old paradigm, thinking in terms of nationalities & countries. It hasn’t sunk in to the emotional level that countries are no longer running things, & that politicians are largely just windy glove puppets, following the lead of the 1%Banksters MSM, when their not trousering more tangible influence more directly.

        Multinational crony corporations are more powerful than countries now, & the Banksters are pulling their strings.

        There’s an interesting website which I see as the oldest scamster business in the world, the Roman Catholic Church, turning on the Banksters.
        Way back, the RC had forced the Banksters to be the “Usurers”, when Popes had the power to call Crusades, but the world seems to have changed somewhat. 🙂

        & try Operation 1776. Russia & China sign Rothschilds NWO death sentence.

        We live in more than interesting times.

        • Gail Combs says:

          Here is a study you might be interested in.

          As you read this think of the popularity of Mutual Funds. Then think of the Johnsons who vote all the stock held by Fidelity, Magellin and their other mutual funds. (They vote a good chunk of Monsanto stock.)

          Who controls the world? Resources for understanding this visualization of the global economy

          Occupy Wall Street’s slogan “We are the 99%” had been echoing through the United States and the world for just over a month when James B. Glattfelder and his co-authors released the study “The Network of Global Corporate Control” in October 2011. The study was a scientific look at our global economy, revealing how control flows like water through pipes — some thin, some thick — between people and companies. Their finding: that control of our economy is .. tightly concentrated into a small core of top players,…

          In today’s talk, filmed at TEDxZurich, Glattfelder reveals that the impetus of the study wasn’t at all to validate global protesters. Instead, the study was conducted out of a desire to understand the laws that govern our economy, in the same way that we understand the laws that govern the physical world around us. Glattfelder and his co-authors Stefania Vitali and Stefano Battiston are complex systems theorists, meaning that they study a whole — for example, an ant colony or the human brain — as more than just the sum of its part. Complexity theory examines interactions between parts, looking for the simple rules that emerge when viewed en masse….

          This is the actual paper.

          The Network of Global Corporate Control
          Stefania Vitali, James B. Glattfelder, Stefano Battiston

          The structure of the control network of transnational corporations affects global market competition and financial stability… We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player. We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers.

          These are the people

          Stefania Vitali …received her PhD from the ETH Zurich, Department of Economics, Technology and Economics in 2010. Her main research interests include: Agent-based computational economics; networks; business fluctuation and financial fragility; economic geography; corporate governance. (wwwDOT)

          Speakers James B. Glattfelder: Complex systems theorist
          First a physicist and then a researcher at a Swiss hedge fund… The study looked at the architecture of ownership across the globe, and computed a level of control exerted by each international player. The study revealed that less than 1% of all the players in the global economy are part of a highly interconnected and powerful core which, because of the high levels of overlap, leaves the economy vulnerable.

          [MSc, Physics … Theoretical High Energy Particle Physics]

          An earlier work by the same physicists.

          World’s Stocks Controlled by Select Few
          A pair of physicists at the Swiss Federal Institute of Technology in Zurich did a physics-based analysis of the world economy as it looked in early 2007. Stefano Battiston and James Glattfelder extracted the information from the tangled yarn that links 24,877 stocks and 106,141 shareholding entities in 48 countries, revealing what they called the “backbone” of each country’s financial market. These backbones represented the owners of 80 percent of a country’s market capital, yet consisted of remarkably few shareholders.

          “You start off with these huge national networks that are really big, quite dense,” Glattfelder said. “From that you’re able to … unveil the important structure in this original big network. You then realize most of the network isn’t at all important.”

          The most pared-down backbones exist in Anglo-Saxon countries,.. these same countries are considered by economists to have the most widely-held stocks in the world.. But while each American company may link to many owners, Glattfelder and Battiston’s analysis found that the owners varied little from stock to stock, meaning that comparatively few hands are holding the reins of the entire market…..

          This is why the Zionist bashing is so off the mark. Go after the real people. We now have a good chance of identifying them or at least their puppets.

      • policycritic says:

        Also the fraud involved in Fractional Reserve Banking is very very easy to prove.

        So is the fraud that Fractional Reserve Banking exists in the US. it doesn’t. It died 79 years ago. Fractional Reserve Banking only applies to a monetary system that has a gold standard, or in places like Hong Kong today. Since we, the USA, have a non-convertible currency (meaning not convertible to gold or silver or some other thing, like pegged to another country’s currency) with a floating exchange rate, and have done so domestically since 1933 and internationally since 1971, we do not and cannot use Fractional Reserve Banking. Period. Loans create deposits.

        Here’s how it works in the real world today. (There are no hook-nosed Jewish bankers in some basement cabal in the City of London controlling the Federal Reserve, no matter what Eustace Mullins or Griffins or Kah or Scharf wrote.)
        Read this:

        • policycritic says:

          If you really want to understand how it works, buy Frank N Newman’s book, Freedom From National Debt, published in April 2013. It’s 87 pages. He was Deputy Secretary of the US Treasury. He is to the monetary system what this Morgan guy that I read on here is to how the greenhouse gases work, because I believe what this Morgan says. I don’t have the physics to be able to say that Morgan is right, but my gut–yeah, I know that’s not allowable–says he is correct. So is that Mike Sinacola or whatever his name was, who posted something in late January.

        • Gail Combs says:

          It does not matter how it works in the “Real World” today. It is still fraud and was originallymorphed from Fractional Reserve banking. It is “Accepted” because it is what we pay our taxes with and that is how governments get fiat accepted. In plain English, fiat money has value because it is the only money you can use to pay taxes. So the tax liability is a necessary pre-condition for fiat currency to work. This was KNOWN and why the IRS was put in place at the same time as the 1913 Federal Reserve Act.

          The final end to the morphing from gold/silver to fiat currency, especially with idiots/greedy fraudsters controlling the printing press is hyperinflation and the repudiation of irredeemable currency. You are starting to see a bit of that already. Especially with the BRICS countries stockpiling gold and trading in currencies other than the US Dollar.

          Our Constitution point blank says GOLD AND SILVER only for state coins and Senator Daniel Webster said in Congress in the debate over the reauthorization of the Second National Bank of the U.S. in 1832.

          “A disordered currency is one of the greatest of evils. It wars against industry, frugality, and economy. And it fosters the evil spirits of extravagance and speculation. Of all the contrivances for cheating the laboring classes of mankind, none has been more effectual than that which deludes them with paper money. This is one of the most effectual of inventions to fertilize the rich man’s field by the sweat of the poor man’s brow. Ordinary tyranny, oppression, excessive taxation: These bear lightly the happiness of the mass of the community, compared with fraudulent currencies and robberies committed with depreciated paper.”

          Which the Turncoat Sentor Aldrich turned around and quoted at a dinner party, no doubt from the point of view of the banksters.

        • jdseanjd says:

          Policycritic, this is what the banking scam means to me.

          It means that only ~3% of money is created as coins or paper money. the coins are debased alloys, not gold or silver. The paper can no longer be redeemed for gold or silver, as per original promises, essentially they are illusionary, a worthless promise.
          A fraud, if you like.

          For example, since the sneaky inception of the FED, Christmas eve 1913, the US $ is now debased to ~ 3 cents purchasing power.
          In the UK, for some comparison, our £ is now worth ~7p, since the 1970s.

          This means that ~97% [ now there’s a real 97% consensus for you 😉 ] is created as debt, out of thin air, by the click of a mouse, they don’t even have the paper & ink expenses of creating paper monopoly money, it’s now “virtual” monopoly money.

          When a starry-eyed young couple goes to the bank to sign on for a 30 year mortgage, to buy their first house, the money is created then, upon their signature. That’s an immorality, & an illegality, because to lend out money you don’t have, at interest, is technically a fraud. This is why no bank will sign a mortgage, only the dumb mortgagee signs their life away.

          It’s a modern form of slavery.

          Here’s another immorality :

          The Banks(sters) 🙂 charge full interest on the non-existent money they’ve lent out, but give below inflation interest on the real savings of people who’ve worked to put real money, earned by their labour or/and talents, away for retirement or a rainy day.

          That’s stealing peoples lives, & that’s another form of …slavery.

          I know it’s way more complex, but one has to start somewhere.
          This is not even the foundations of our financial morass, it’s not even lining out for the foundations, but not a word is untrue.

          I’m not interested in economic theories, my interest is people.

        • methylamine says:

          @jdseanjd: really well-said; a great summary of the big picture.

          Our system of fiat debt-money is designed to suck the wealth and productivity out of a nation. It’s an ages-old game of usury and fraudulent lending, perfected by the Rothschilds in the 1700’s and propagated world-wide today.

          It’s an absolute scam. And it’s doubly sickening because it’s so open, but so subtle, that its poor stupid victims don’t even understand how they’re being robbed.

          I carry around a couple of learning tools in my wallet–a 1964 Kennedy half-dollar (90% silver), and two Zimbabwean notes–one, denominated as 500 million Zim dollars, the other–put your pinky to the corner of your mouth like Mike Myers’ Dr. Evil–100 Trillion dollars mwa-ha-ha-ha!

          It’s wonderful to see people’s eyes light up when they get it. “See this? 50 cents? No. It’s about eight bucks’ worth of silver. Used to be just fifty cents. Guess what? It’s still worth two gallons of gas!

          Then I whip out the Zim dollars. BTW, they were printed less than a year apart. THAT’S how fast hyperinflation happens.

        • Gail Combs says:

          Nicely said jdseanjd.

          A couple more points. The present fiat system is unconstitutional.

          Article I, section 10, clause 1.

          No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
          Amendment IX
          The enumeration in the Constitution of certain rights shall not be construed to deny or disparage others retained by the people. U.S. Constitution.

          Amendment X
          The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. U.S. Constitution.

          The Obligation of Contracts in regard to bank mortgages was tried in a court of law in a landmark Minnesota case and legal precedence was set. In First National Bank of Montgomery vs. Daly (1969) Justice Mahoney stated:

          Plaintiff admitted that it, in combination with the Federal Reserve Bank of Minneapolis, . . . did create the entire $14,000.00 in money and credit upon its own books by bookkeeping entry. That this was the consideration used to support the Note dated May 8, 1964 and the Mortgage of the same date. The money and credit first came into existence when they created it. Mr. Morgan admitted that no United States Law or Statute existed which gave him the right to do this. A lawful consideration must exist and be tendered to support the Note.

          Like Congressman McFadden, Justice Mahoney died of poisoning.

          The actually progression.
          The international bankers intentionally created a mess in US banking.
          The Federal Reserve Act of 1913 was supposed to rectify it by making the US government liable for the bankers debts.
          In 1915 J. P. Morgan interests bought the influential newspapers.
          The USA abandoned its isolation policy and got involved in WWI on April 6, 1917.
          The bankers made another mess making loans in Europe and FDR confiscated private citizens gold to bail them out. (Foreign banks can exchange $$$ for gold and did so.)
          The Rothschild bankers in London set the gold exchange rate.
          After WWII the USD became the World Reserve Currency and the IMF and World Bank were formed.
          US gold continued to flow out of the USA despite McFadden’s speeches until Nixon had to detached the dollar from gold.
          The US dollar no longer has a working economy supporting it and the BRICS countries are ditching the US dollar as the reserve currency.

        • policycritic says:


          In plain English, fiat money has value because it is the only money you can use to pay taxes. So the tax liability is a necessary pre-condition for fiat currency to work. This was KNOWN and why the IRS was put in place at the same time as the 1913 Federal Reserve Act.

          Fiat money was unknown in 1913. None of this was in place. Read Robert Latham Owen’s presentation to Congress in 1939, which didn’t get read because of WWII.

          “National Economy and the Banking System of the United States — An Exposition of the Principles of Modern Monetary Science in Their Relation to the National Economy and the Banking System of the United States”
          76th Congress, 1st Session, Senate Document 23, Sent to Government Printing Office, January 24, 1939

          Google it.

        • policycritic says:


          Our Constitution point blank says GOLD AND SILVER only for state coins and Senator Daniel Webster said in Congress in the debate over the reauthorization of the Second National Bank of the U.S. in 1832.

          You’re dead wrong. All of this was completed obliterated by the Legal Tender Cases of the 1870s. The law determined that anything that has the US Great Seal on it and is determined to be Legal Tender is US Currency.

      • jdseanjd says:

        Yes, Gail, I’d seen this study, thank you.

        In short, as I understand it, out of 43,000 + international corporations analysed, 147 control 40% of global annual business by volume, ( turnover, as I think of it.), & 60% of world assets.

        Simply staggering figures.

        Ally this with the fact that 90% of American media are controlled by 6 corporations, in turn owned by the 1%sBanksters.
        Google or youtube 6 corporations control media
        The implications lead straight to the Fascist, Orwellian world we inhabit.

        • Gail Combs says:

          You can Also toss in the IMF.

          In a September 2012, study on Finance & Development they come right out and say:

          … In many countries the distribution of income has become more unequal, and the top earners’ share of income in particular has risen dramatically. In the United States the share of the top 1 percent has close to tripled over the past three decades, now accounting for about 20 percent of total U.S. income (Alvaredo and others, 2012)….

          And then last fall when the Republicans shutdown the US government during a power struggle with Obummer, the IMF had an emergency meeting and issued this!

          The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

          The International Monetary Fund (IMF) quietly dropped a bomb in its October Fiscal Monitor Report. Titled “Taxing Times,” the report paints a dire picture for advanced economies with high debts that fail to aggressively “mobilize domestic revenue.” It goes on to build a case for drastic measures and recommends a series of escalating income and consumption tax increases culminating in the direct confiscation of assets….
          The report itself says:

          “The sharp deterioration of the public finances in many countries has revived interest in a “capital levy”— a one-off tax on private wealth—as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away. … The tax rates needed to bring down public debt to precrisis levels, moreover, are sizable: reducing debt ratios to end-2007 levels would require (for a sample of 15 euro area countries) a tax rate of about 10 percent on households with positive net wealth. (page 49)”

          That means that all households with positive net wealth—everyone with retirement savings or home equity—would have their assets plundered under the IMF’s formulation. [Get your savings out of the banks and mutual funds and 401Ks…]

          Second, such a repudiation of private property will not pay off Western governments’ debts or fund budgets going forward. It will merely “restore debt sustainability,” allowing free-spending sovereigns to keep tapping the bond markets until the next crisis comes along—for which stronger measures will be required, of course.

          Third, should politicians fail to muster the courage to engage in this kind of wholesale robbery, the only alternative scenario the IMF posits is public debt repudiation and hyperinflation….

          I prefer Iceland’s solution. Jail the (selfsnip) Banksters and refuse to use the public purse to pay their private gambling debts!

          This is the article to hand out to EVERYONE with homes just before the next election. With the question How many of your friends can liquidate enough assets to pay that 10% ESPECIALLY when everyone else is doing the same?

  4. Send Al to the Pole says:

    There’s another 97% study…. sheeesh

  5. Jeffk says:

    “Climate change” agenda = Obama’s golden parachute. He wants to outdo Clinton Global Initiative.
    You heard it here first.

  6. Billy Liar says:

    Here’s Mark Twain on the movement of glaciers, from A Tramp Abroad:

    “I was aware that the movement of glaciers is an established fact; so I resolved to take passage for Zermatt on the great Gorner Glacier. The next thing was how to get down the glacier comfortably. I marched the Expedition down the steep and tedious mule-path and took up as good a position as I could upon the middle of the glacier–because Baedeker said the middle part travels the fastest. I waited and waited, but the glacier did not move. Night was coming on, the darkness began to gather–still we did not budge.”

  7. Pathway says:

    Here is what’s sliding in my neck of the woods. More of the persistent drought do to excess plant food.

  8. With respect to comments above–it’s not about evil conspiracies or cabals of world-grasping, powerful people (for example, the bankers are as incompetent as the climate scientists, as the 2008 economic crisis should have taught everyone, once and for all), it is more fundamental; it’s about the masses who accept the lies they are told–accepting dogma unquestioningly–rather than seeking, first, last, and always, only the truth:

    “Casting Off Fearful Dogmas Is the Key”

    We are in a time of the general ascendance of dogma over dispassionate reasoning, in the minds of ordinary men and women (and remember always, it is the various dogmas that are dividing us all). It is a testing of mankind, according to a much higher design, to teach mankind the hard way, TO THINK WELL AND TRULY.

    How many times does mankind have to remind itself, “Fool me once, shame on you; fool me twice, shame on me”, in order to remove the scales of dogma–of ideological bias–from its eyes?

    • Jeffk says:

      Leftists are blind to the reality: it’s not workers vs owners; it’s workers vs retired workers. Not 99% vs 1%, but a majority of households are vested in retirement plans and pensions of some sort. And that means the majority owns stocks.
      It’s not Wall Street vs Main St. They’re both the same now, thanks to leftist demands that everybody should retire — even the office workers who could really keep working part-time instead. But noooo, they must retire and they’ll need cheap illegal alien labor to do their yardwork and healthcare, too.
      Retirement funds drive Wall Street, as more and more plans are made in lieu of old school union pensions. Unions are in bed with the owners.

      • Gail Combs says:


        See my comments above.

        Retirement funds FUND wall street but the retirees DON”T CONTROL THOSE FUNDS.

        That is a KEY POINT. The other one is the retirees take all the financial risk and the owners of the mutual funds get a guaranteed cut without any risk from owning the stock.

        Here is an example I looked at several years ago (2009). Some one said Retirement funds owned Monsanto so I went digging. However retirement funds own shares in mutual fund that then use those funds to buy Monsanto stock.

        85% of Monsanto is held by mutual funds and Institutional (financial) Holders. Divisions of Fidelity hold total shares: 39,127,443 or 7.15% The founding Johnson family controls most of Fidelity Edward C Johnson 3rd is chairman of the group and has power of attorney to vote the shares.
        The Johnson family controls
        FIDELITY GROWTH COMPANY FUND – 5,819,978 shares
        FIDELITY MAGELLAN FUND INC – 5,117,600 shares
        FMR LLC (one of the Top Institutional Holders) – 28,189,865 shares

        The family also owns Pyramis Global Advisors, LLC (“PGALLC”)

        That was the info I dug out in just a quick and dirty look on the Johnson family (I may have missed some of there mutual funds.)

        Another fund:
        VANGUARD GROUP, INC. (THE) – 17,816,692
        VANGUARD/PRIMECAP FUND – 6,351,460
        VANGUARD 500 INDEX FUND – 5,250,119
        OPPORTUNITY PORTFOLIO – 3,819,486
        total shares: 37,496,850
        John Bogle, the founder and retired CEO of The Vanguard Group, has an estimated net worth of $80 million. (Vanguard is client owned)

        This is old info so links may be dead.
        Who owns Monsanto:

        Power of Attorney:

    • Sleepalot says:

      Hang on a minute there, Harry. What happens if we all agree that paper (fiat) money is worthless?

      • Gail Combs says:

        We first make sure we have gold and silver coins that we bought with out fiat funny money dollars. THEN we tell the FED to stuff it.

        A growing number of states are seeking shiny new currencies made of silver and gold.

        Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option….

  9. Truthseeker says:

    So, can you call this academic incontinents?

  10. darrylb says:

    Remember that in the 1970’s and global cooling was the danger of the day, our fabulous science czar, Holdren, writing with his eugenicist friend, Paul Ehrlich, mused that a giant chunk of ice could fall off the Antarctic causing a tsunami of untold proportions
    The preposterous choice of Holdren was an omen of bad things to come.

  11. -=NikFromNYC=- says:

    Antarctica is about as wide as the United States:!Rds03

    The ice averages 6,000 ft thick and the United States is 2,800 miles wide or 14,784,000 feet so that thickness of ice represents 1/2464 of the width, and a piece of high quality paper has a thickness 0.005″ compared to a height of 11″ for a ratio of 1/2200.

    Hmm, so much for cross section diagrams like this one:

    After all, there are *not* huge needle-like spikes of ice towers there either, and the realistic view requires squinting:

  12. Gail Combs says:

    harrydhuffman (@harrydhuffman) says: @ May 27, 2014 at 9:18 pm

    With respect to comments above–it’s not about evil conspiracies or cabals of world-grasping, powerful people (for example, the bankers are as incompetent as the climate scientists, as the 2008 economic crisis should have taught everyone….
    You really missed the lesson on that one Harry, The 2008 crisis was just as planned as the 1929 stockmarket crash. It was a giant wealth transfer to select bankers.

    See: “The Great American Bubble Machine”

    Full article here (with a link to Zero Hedge and another article)

    With a subtitle like “From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression – and they’re about to do it again” run, don’t walk, to your nearest kiosk and buy Matt Taibbi’s latest piece in Rolling Stone magazine. One of the best comprehensive profiles of Government Sachs done to date….

    [From a comment by Jack Lyons]
    Taibbi is right on. Goldman is the Welfare Queen of Wall Street – the major and primary expertise of the Goldman partners is the ability to socialize losses (i.e., have us, the public, pay for them through their governmental connections) and privatize profits (maintain the bounties from profitable activities in their own hands-again through their governmental connections). As Taibbi lays out they do this through their intertwining networks in the halls of government, the Treasury, Fed and business…..

    For a close look at how the latest wealth transfer worked:
    How the AIG Bailout Could be Driving More Foreclosures

    I have tons of info on the foreclosure scam if you really want me to elaborate.

  13. Richard Lynch says:

    Scaled down to what size?

  14. Gail Combs says:

    policycritic says…

    The court system in the USA has been changing the meaning of the Constitution for a long time. That is why a mud puddle in a farmers field is now a “Navigable Waterway’ and regulated by the EPA. Why veggies and wheat grown and used by a family is “Interstate commerce between the states” and regulated by the FDA and USDA.

    The Sixth Amendment states:

    In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the Assistance of Counsel for his defence.

    And the Seventh Amendment states:

    In Suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any Court of the United States, than according to the rules of the common law.

    Yet the US supreme court has removed our rights to a trial by jury and now allows trial by a bureaucratic tribunal comprised of members of the SAME BUREAUCRACY THAT ACCUSED THE CITIZEN! This is similar to military tribunals, yet the Russian system even allows …military defendants… [to] apply for trial by jury!

    This is despite Thomas Jefferson writing to Tom Paine in a 1789 letter,

    “I consider trial by jury as the only anchor ever yet imagined by man, by which a government can be held to the principles of its constitution.”

    Now, “… modern jurists consider civil jury trial neither “implicit in the concept of ordered liberty,” Palko v. State of Connecticut (1937), nor “fundamental to the American scheme of justice,” Duncan v. Louisiana (1968).”!/amendments/7/essays/159/right-to-jury-in-civil-cases

    I personally consider of the supreme court as packed with Tr..tors.

    “I would not look to the U.S. Constitution, if I were drafting a constitution in the year 2012.” ~ Supreme Court Justice Ruth Ginsburg

  15. Gail Combs says:

    policycritic says…

    The Banksters packed the universities with THEIR people by funding seats in Economics. Keynes was a Fabian and Harry Dexter White who wrote the Bretton Woods agreement (IMF & World Bank) was a soviet agent ( code names—JURIST, LAWYER and RICHARD) White also gave the soviets US treasury printing plates.

    …Zarlenga blames the wreckage of the world economy on “the financial establishment and their economists” and describes the latter as being the mouthpieces of the ‘Money Power’. The reason why the corrupt system of modern banking has endured for so long despite its abysmal performance is because professional economists almost never point the finger at the banksters nor do they ever challenge the fraudulence of private, debt-based money creation or the outrageous deceit of fractional reserve lending.

    Economists are schooled in bank-funded university economics departments where they are thoroughly indoctrinated in monetary theories….
    Stephen Zarlenga in The Lost Science Of Money

    Even E.M. Smith (ChiefIO) who was trained as an economist defends Fractional Reserve banking as a system. Heck even Ludwig von Mises was funded by the Rockefeller Foundation, and David Rockefeller was personally tutored by F.A. Hayek while at the Fabian founded London School of Economics!

    On “Fiat Currency”

    Fiat money
    Often called paper money, fiat money is in a wider sense any money declared to be legal tender by government fiat (ie law). In a narrower sense, fiat money is an intrinsically useless good declared to be legal tender by government fiat.[1][2][3]
    All modern paper currencies are fiat money.

    “In no period of human history has paper money spontaneously emerged on the free market. In all known historical cases, paper money has come into existence through government-sponsored breach of contract and other violations of private-property rights.”[4] ~ Jörg Guido Hülsmann, Ethics of Money Production.

    Anything can be “money’ obsidian points, shell beads, Hudson Bay blankets, silver, copper… as long as it is durable, divisible, and relatively rare people will use it to facilitate trade. Heck you could use chicken eggs!

    The problem with fiat money is it is NOT rare and it is controlled by the greedy.

    Money Is Created by Banks Evidence Given by Graham F. Towers, Governor of the Central Bank of Canada (1934)

    Q. But there is no question about it that banks create the medium of exchange?

    Mr. Towers: That is right. That is what they are for… That is the Banking business, just in the same way that a steel plant makes steel. (p. 287) The manufacturing process consists of making a pen-and-ink or typewriter entry on a card in a book. That is all. (pp. 76 and 238) Each and every time a bank makes a loan (or purchases securities), new bank credit is created — new deposits — brand new money. (pp. 113 and 238) Broadly speaking, all new money comes out of a Bank in the form of loans. As loans are debts, then under the present system all money is debt. (p. 459)

    Q. When $1,000,000 worth of bonds is presented (by the government) to the bank, a million dollars of new money or the equivalent is created?
    Mr. Towers: Yes.

    Q. Is it a fact that a million dollars of new money is created?
    Mr. Towers: Yes. (p. 286)

    Q. Will you tell me why a government with power to create money, should give that power away to a private monopoly, and then borrow that which parliament can create itself, back at interest, to the point of national bankruptcy?

    Mr. Towers: If parliament wants to change the form of operating the banking system, then certainly that is within the power of parliament. (p. 394)

    That last question is the critical question. Why has the US government “with power to create money, give that power away to a private monopoly.” Who has used that power to suck the wealth out of the US economy for the last hundred years and left the country impoverished and on the brink of bankruptcy.

    For an explanation on US banking I prefer A PRIMER ON MONEY. SUBCOMMITTEE ON DOMESTIC FINANCE. COMMITTEE ON BANKING AND CURRENCY. HOUSE OF REPRESENTATIVES – 88th Congress, 2d Session chaired by democrat Wright Patman.

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