The sun is setting on solar power, the money’s gone and nobody’s asking any questions.

The accelerating demise of the solar industry.

Pointman's avatarPointman's

If you keep an eye on the financial world, which I do, and especially the green sectors, which I also do, it’s been an interesting time of late. Within the last few weeks, Solar Trust of America (STA), owner of the world’s largest solar plant, filed for bankruptcy protection under Chapter 11, and nobody expects much of it, if anything, to emerge from it. STA joins a long list of companies in the solar energy sector, who’ve gone bankrupt, ducked into protection from their creditors, suspended production indefinitely or are simply circling the plughole.

Across the world, a few of the more prominent and expensive casualties are Solyndra, Solar Millennium AG, Energy Conversion Devices Inc, Q-Cells, Solon, Solar Millenium, Solarhybrid, Ener1, Range Fuels, Beacon Power Corp and there’s a whole lot of others. In case you haven’t noticed, it’s probably not a good idea to invest your hard-earned pennies in any company with “solar” in its…

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Angela’s Ashes.

Really good article. Describes the real status of the crumbling globalist collective ideology.

Pointman's avatarPointman's

The EU is now patently a failing project, and that event can largely be laid at the door of one person – Angela Merkel. A sequence of serious misjudgments on her part the first of which was having the arrogance to assume that the people of the member states would not notice its creeping transition from an economic union to a political one, and if they did wouldn’t particularly care.

What was worse, the member states elected Euro MPs who actually had no say in proposing, formulating or approving legislation. They were just window dressing, passengers on a gravy train who got to rule nothing. That was to be done by unelected, unaccountable and unfireable committees of bureaucrats who turned out to be compulsive obsessives in wanting to control every aspect of everyday life, from what kind of lightbulbs you were permitted to use to what legally constituted a sausage.

Needless to…

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Niall Ferguson’s confirmation bias

Historian Niall Ferguson offers up a near perfect example of the collectivist confirmation bias which I wrote about in a recent post. I usually agree with him on most points of history. But here he offers opinion on current events, the Brexit vote, global elites, and by implication nationalism versus globalist multiculturalism and moral relativity. Apparently, Professor Ferguson’s confirmation bias prevents him from recognizing that the idealist multicultural globalism he so adulates does not work in reality, has failed in the real life experiment on moral relativity which global elites like him and politicians tried out on us all after the end of the Cold War. Back to the drawing board for you and yours Professor. God Speed, Prime Minister Theresa May. Let’s hope you discover a new political formula for this fractal called life. Let freedom ring.

Here’s the link: http://www.bostonglobe.com/opinion/2016/10/10/theresa-may-abbanomics-and-brexit-new-class-war/z23J0XpXU7kzFIkfht1OdK/story.html?event=event25

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The election and confirmation bias

People, individuals, who routinely think independently for themselves will hang on and vote for Trump, despite the massive efforts to marginalize and discredit him.

In more recent research, confirmation bias has been found to depend on (1) the values of the observer and (2) the extent of their formal education. The more formal education you have on a particular subject, the stronger your confirmation bias. With regard to (2), which side of a particular issue you are turns out to be statistically insignificant. With regard to the strength of your bias, you move from the statistical norm to the second and then the third standard deviation depending on your level of education in the subject, that is, your confirmation bias increases significantly.

However, significantly, the difference in fundamental values, for example individualism versus collectivism, ultimately determines your success and whether or how often you are right or wrong in the sense of natural and moral laws as described by John Locke et al. Those who followed the collective bias tended to ignore or miss important facts more often and so ultimately they failed more often; they became victims for the collective.

Your opinions are the result of years of paying attention to information which confirmed what you believed while ignoring information which challenged your preconceived notions. If you followed the crowd, your opinions were challenged less often. If you became an expert, a leader, your opinions were challenged even less often and more often than not your confirmation bias increased.

The Wason Rule: people behave so as to make their expectations come true. People tend to favor information that confirms their preconceptions or hypotheses, independently of the information’s truthfulness, falsity, or the facts. However, if people consistently test their assumptions against empirical reality then their bias or hypotheses are more frequently confirmed/successful/right, i.e. more successful people run an experiment in nature – instead of arguing an ideology, or instead of following the politically correct response.

Professor Ted Nordenhaug, back at Mercer U. in the 1960’s was on to this way back then, “Our society gets massive conformity simply by getting the majority of people to accept roughly the same parameters on most questions.” Imagine alternatives even to your own alternatives, he would advise his students. Rudyard Kipling’s poem “If” understood the fallacy of political correctness and confirmation bias, but doubtless more than half of the people on the planet have never read it.

People will hold on and vote for Trump because they are individuals who think for themselves and they can see the wide difference between Trump and Clinton, in spite of the mass media efforts to marginalize and proselytize for the Clinton collective.

http://www.culturalcognition.net/browse-papers/the-tragedy-of-the-risk-perception-commons-culture-conflict.html

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A hand in each pocket, and neither one is yours …reblog

Your employer deducts 7.65% from your paycheck each pay period; 6.2% is for Social Security and 1.45% Medicare. They then contribute the same amount for a total of 15.3% and send it to the government.
 
The government promises that it will use those Social Security funds to pay you a lifetime income once you start taking benefits anytime after age 62.
 
But there is a problem that sticks its ugly head up whenever the Social Security and Medicare trust funds release their annual report …
 
The trust funds are running out of money.
 
The latest report found that both programs will experience cost growth substantially in excess of GDP growth through the mid-2030s. This is due to rapid population aging caused by the large baby-boom generation entering retirement and lower-birth-rate generations entering employment.
 
Social Security’s dilemma
 
Over the program’s 80-year history, Social Security has collected roughly $19 trillion and paid out $16.1 trillion, leaving asset reserves of more than $2.8 trillion at the end of 2015 in its two trust funds — Old Age and Survivors Insurance (OASI) Trust Fund and the Disability Insurance (DI) Trust Fund.
 
The DI Fund was facing depletion in 2016. To kick the can down the road until 2023, Congress as part of the “Bipartisan Budget Act of 2015” took a portion of your OASI payroll deduction and gave it to the DI Fund.
 
The OASI and DI trust funds are kept separate. However, to summarize overall Social Security finances, the Trustees traditionally combine them.
 
Social Security’s total income, including interest, is projected to exceed its total cost through 2019. The 2015 surplus was $23 billion.
 
But when you deduct the interest, there was a $70 billion deficit. And this annual deficit will average about $69 billion between 2016 and 2019. What’s more, the number of workers paying in vs. the number of beneficiaries will fall substantially.
 
With those projections in hand, the Trustees say that the combined trust funds will be depleted in 2034; therefore, income from interest will cease.
 
After 2034, income from taxes should provide about three-quarters of scheduled benefits through the projection period of 2090.
 
[Editor’s note: To learn how old you’ll be when Social Security’s funds run out, click here.]
 
As you can see, interest income is a vital part of the Social Security’s Trust Fund. In 2015, it represented 11% of total trust fund income. But by 2025, it will have fallen to only 7% of the trust’s income.
 
So you might be wondering how the Trustees invest the money you and your employer send in each pay period.
 
Three shells and a pea
 
Some might call this a sleight-of-hand or even Thimblerig, the shell game. But here’s how it works …
 
The Department of Treasury manages your funds. And by law, it can only invest in “special issues” of the U.S. Treasury.
 
That means the Department of Treasury is the manager and borrower of more than $2.8 trillion of your money and has a monopoly on where it is invested. So when Congress gets wind that Social Security has extra cash, it tells the Treasury to issue more of its special-issue securities.
 
And poof … your money heads off to a place God couldn’t find it.
 
But don’t fret … we just owe it to ourselves.
 
Huh?
 
Maybe this example will help:
 
Suppose I steal $50,000 from you. I’m $50,000 richer, and you’re $50,000 poorer. But since we’re neighbors, our collaborative wealth hasn’t changed. And if you really make a stink over it, I’ll give you an IOU.
 
Feel better?
 
We are the largest holder of our own debt
 
Experts tell us that we should worry about how much money the U.S. owes other countries. Of the $6.3 trillion total, the top five are:
 
China $1.2 trillion
 
Japan $1.1 trillion
 
Ireland $270.6 billion
 
Cayman Islands $269 billion
 
Brazil $251.6 billion
 
Yet not much is said about the $2.8 trillion our government has borrowed from the Social Security surplus. As a result, your Social Security trust fund is the world’s largest holder of U.S. debt.
 
Should we be concerned? After all, the Treasuries in the trust fund are backed by the full faith and credit of the U.S. government.
 
President Barack Obama put doubt in Social Security beneficiaries’ minds when he said this in July 2011:
 
“I cannot guarantee that those checks [he included veterans and the disabled, in addition to Social Security] go out on August 3rd if we haven’t resolved this [debt limit] issue. Because there may simply not be the money in the coffers to do it.”
 
Former Treasury Secretary Tim Geithner implied the same thing. He said that if a budget deal wasn’t reached by Aug. 2, seniors might not get their Social Security checks.
 
How can this be?
 
According to the Social Security trustees, there was $2.6 trillion in the trust fund. Assuming real assets were in the trust fund, Social Security could mail the checks, regardless of what Congress did about the debt limit.
 
The answer is that there are no real assets!
 
We have a hand in each pocket,
and neither one is ours
 
Congress has borrowed all of your trust fund’s money and spent it. The concept that a flush trust fund will pay retirees for the next 18 years is pure fiction … as it contains nothing.
 
And the only way the trust fund can get cash to pay Social Security benefits is if the federal government siphons it from general revenues or borrows even more money from central banks to cover the shortfall.
 
As President Bill Clinton’s own fiscal year 2000 budget admits, those special-issue bonds are not real economic assets. Rather,
 
“They are claims on the Treasury that … will have to be financed by raising taxes, borrowing from the public, or reducing benefits or other expenditures.”
 
Why aren’t politicians worried about paying back Social Security — the TRILLIONS they’ve stolen from the American people?
 
I say it’s because we’ve let them con us into thinking those slips of IOUs in the Social Security trust fund are worth something. And even more troubling is that we keep sending the same old faces to Congress with the promise they’ll successfully solve all of our problems.
 
For example, Sen. Harry Reid (D-Nevada) said in 2011 (he was 71 at the time and a politician for 28 years) when asked about the solvency of our trust fund,
 
“Two decades from now, I’m willing to take a look at it. But I’m not willing to take a look at it right now.”
 
Wow! Talk about kicking the can down the road.
 
Wake up, voters … government is not the answer!
 
Hillary Clinton wants to expand Social Security benefits. Her plan includes increasing payroll taxes on high-income workers, increasing income taxes on high-income beneficiaries and improving benefits for widows and widowers.
 
In one of her debates with Bernie Sanders, Clinton said,
 
“We are in vigorous agreement here, senator. We’re having a discussion about the best way to raise money from wealthy people to extend the Social Security trust fund. Think about what the other side wants to do. They’re calling Social Security a Ponzi scheme and want to privatize it. … We both want to make sure Social Security is vibrant and well-funded.”
 
Donald Trump opposes any changes.
 
Neither candidate seems to understand, care or have a concrete solution on how to pay back the $2.8 trillion the government has raided from the trust fund.
 
Trump at least admitted that something needs to be done to put Social Security on sounder financial footing in the long run. But when asked how he will address that problem, he answered with vague generalities,
 
“You do it by bringing jobs back, by being smart, by getting rid of waste, fraud and abuse.”
 
But even if the next president and Congress replenish our $2.8 trillion, what are the odds they’ll abscond with it again? Pretty darn high, I’d say.
 
That’s why we need to get Social Security completely out of the hands of politicians. Social Security taxes should be invested in real financial assets, not government promises to borrow more and raise future taxes.
 
The Libertarian party’s candidate, Gary Johnson, wants replace all taxes, including the Social Security payroll tax, with a federal consumption tax. He’s open to raising the full retirement age and would sign legislation that would allow 100% of Social Security funds to be self-directed.
 
There is no denying that people would be better off if they prepared properly for retirement, and put their own money directly to work in a blend of equities and fixed income. That would mean allowing workers to divert their payroll taxes to individually owned accounts, similar to their IRAs or 401(k). Then they’d have a “lockbox” that would really work, a Trust Fund that Congress could never raid.
 
Tell your senators and representative to stop trying to score cheap political points with pie-in-the-sky promises. The fact is that our nation’s largest retirement program is in trouble. So enough with the name-calling … it’s time for a new, better and privatized Social Security system.
 
Best,
Brad Hoppmann , Posted on October 7, 2016 by Brad Hoppmann
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Patrick Moore on CO2

http://www.therebel.media/patrick_moore_sensible_environmentalist_truth_about_carbon_dioxide

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Reblog: The Next President Unbound

There is reason to worry about both candidates abusing power as president, because Obama and the press normalized executive overreach.

By Victor Davis Hanson — September 29, 2016

http://www.nationalreview.com/node/440505/print

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Correcting Islamic History

Carly Fiorina
Hewlett-Packard
3000 Hanover Street
Palo Alto, CA 94304-1185
Dear Ms. Fiorina:

I read with great interest your speech entitled as “Technology, Business and Our way of life.” I was particularly interested in the story you described the Arab-Muslim civilization. As an Assyrian, a non-Arab, Christian native of the Middle East, whose roots go back to 5000-year past, I wish to clarify some of the points raised by you in this little story, and to warn you against the danger of being unwittingly involved in the Arab-Islamist ideology that It seeks to assimilate all cultures and religions in the Arab-Islamic mainstream.

Arabs and Muslims appeared on the world scene in 630 AD, when Muhammad’s army began the conquest of the Middle East. It was a conquest, not a missionary enterprise, the use of force in accordance with the declaration of Jihad. Arabs-Muslims forcibly converted non-Arabs and non-Muslims. Very few nations in the Middle East have experienced it, and among them, primarily Assyrians, Jews, Armenians and the Copts of Egypt.

Having conquered the Middle East, the Arabs have turned these people into Zimmi (see the book “Zimmi.”) – No rights of religious minorities (Christians, Jews and Zoroastrians). These people should have to pay a tax (jizya), which was, in fact, the penalty for being non-Muslim, 80% in times of tolerance and up to 150% in times of oppression. This tax forced many to move to Islam, for which it was designed.

You state: “The Arab architects designed the building, defying gravity.” I do not know what you mean, but if you are talking about domes and arches, the fundamental architectural achievement in the use of parabolic and spherical shape for these structures was made by the Assyrians more than 1300 years ago, as evidenced by archeology.
You state: “The Arab mathematicians created the algebra and algorithms that allow people to invent computers and encryption methods.” However, the fundamental basis of modern mathematics were not established by the Arabs, and Assyrians and Babylonians. Their knowledge has been assigned to the Muslim Arabs, who had come to Syria and Iraq (see. History of Babylonian Mathematics by Neugebauer and Babylonian mathematics)

You state: “The Arab doctors examined the human body and nashlinovye treatment of disease.” However, the vast majority of physicians (99%) were not Arabs or Muslims. They were Assyrians. In 4-6 centuries Assyrians began a systematic translation of the Greek fund of knowledge on the Assyrian (Aramaic) language. Socrates, Plato, Aristotle, Galen, and many others were transferred to the Assyrian, and from Assyrian into Arabic. These are translations of the Moors brought to Spain, where Spaniards translated them into Latin and spread throughout Europe, stimulating the European Renaissance.

By the sixth century BC the Assyrians began to export to Byzantium in the field of natural sciences, philosophy and medicine. In the medical field Assyrian family Bahtisho (Bakhteesho) produced nine generations of physicians, and founded the great medical school at Gandeshapur (Iran). Textbook of Ophthalmology, written in 950, the Assyrian Canaanites Ibn Isaac, remained the authoritative source in this area until the 19th century.

In the field of philosophy of work Assyrian philosopher Edessa (of Edessa) developed a physical theory of the universe, that rivaled Aristotle’s theory that sought to replace the forces of matter (theory, anticipated some ideas of quantum mechanics, such as the idea of the immediate appearance and disappearance of matter in the quantum vacuum).
One of the greatest Assyrian achievements of the fourth century was the founding of the first university in the world. School of Nisibis (Nisibis), which had a faculty of theology, philosophy, medicine, became a magnet and center of intellectual life in the Middle East. Charters School of Nisibis, which have been preserved, and later became the model on which was based the first Italian university (see. The Statutes of the School of Nisibis, by Arthur Voobus).

When the Arabs with Islam rushed to the Middle East in the year 630, they encountered 600 years of Assyrian Christian civilization with a rich heritage and a highly developed culture. It is this civilization and became the foundation of the Arab civilization.

You state: “The Arab astronomers studied the heavens, gave the names of the stars, and paved the way for space travel and exploration.” However, astronomers on to say that you were not Arabs but Chaldeans and Babylonians, who for millennia were known as astronomers and astrologers, and who were forcibly converted to Islam.

You state: “The Arab writers created thousands of literary works, filled with nobility, romance and charm. Arab poets wrote of love, when others were too immersed in the matter, to think about such things. ” There is very little literature in the Arabic language, which refers to the period of which you speak (and the Koran – the only significant portion of this literature), whereas the literary creation of the Assyrians and Jews was vast. The third largest body of Christian writing, after Latin and Greek, is an Assyrian (Syriac or, aramitsky, look here).
You state: “When other nations were afraid of progressive ideas, this civilization thrived and supported these ideas. When censors threatened to wipe out knowledge of past civilizations, this civilization kept them and gave to others. ”

The problem that you raise is very important. It affects the very essence of the matter: what is the Arab-Islamic civilization? I did a book review O’Leary “How Greek Science Passed to the Arabs,” in which the author lists the outstanding interpreters of Greek science. Of the 22 scholars listed, 20 were Assyrians, 1 was Persian and 1 an Arab. At the end of my review, I declare:

“From the book O’Leary (O’Leary) we can conclude that Assyrians played a significant role in the formation of the Islamic world through the Greek fund of knowledge. If so, then you need to ask the question: what happened to the Christian nations under the rule of Islam, which caused them to lose a great intellectual heritage, which they erected? You can ask this question, and by the Arabs. Sadly, O’Leary’s book will not answer, and we must look for the answer elsewhere. ”

The answer is clear: the Christian Assyrian community was dried by forced conversion to Islam. And as soon as this community dwindled below the critical threshold, it ceased to produce scientists who were the intellectual driving force of Islamic civilization, and then ended the so-called “Golden Age of Islam” (about 850 years.).

The very religion of Islam was largely formed by the Assyrians and Jews (see “Nestorian influence on Islam” and. “Agarizm: the creation of the Islamic world”).

The great civilization you describe was not the Arab-Islamic and Assyrian. It lasted 200 years after the Arab conquest of the Middle East not because of, but in spite of the Arabs and Islam, which eventually dried up this life-giving source of knowledge and for all stop the development of the people subject to them.
Is there any other Arab-Muslim civilization, which towered since then? What other Arab-Muslim achievements we could quote?

Araboislamskaya civilization is not progressive and regressive force: it does not offer an incentive, and holds it.

The facts tell a different story. Otomany were extremely oppressive to non-Muslims. For example, a young Christian boys aged 8-10 years forcibly taken away from their families, making a janissary, where they are converted to Islam, they had to fight for the Ottoman Empire. What literary, artistic or scientific achievements Otoman we can point? On the other hand, we can point out the genocide of 750,000 Assyrians, of 1.5 million Armenians and 400,000 Greeks. This is – the true face of Islam.

Arabs and Muslims are engaged in an explicit campaign of destruction and expropriation of foreign cultures, peoples, achievements and ideas. Wherever the Arab-Muslim civilization encounters a non-Arab Muslim, she is trying to destroy the last (like Buddhist statues in Afghanistan or Persepolis in Iran). This is a pattern that repeats itself, since the advent of Islam 1400 years ago, which proves good enough history and modernity. If a “non-Arab” culture can not be destroyed – it is expropriated, and revisionist historians announce its Arabic. For example, the Arabic texts of the Middle East history teach that Assyrians were Arabs, a fact that no scientist would not say and what no living Assyrian would not agree. The Assyrians first settled in Nineveh, one of the largest Assyrian cities in 5000 BC. e., for 5630 years before the Arabs came to the area. Even the word “Arab” -.. Assyrian word meaning “western” (first written mention of the Arabs in 800 BC was made by the Assyrian king Sennacherib, in which he tells the story of the conquest of «ma’rabayeh» – See West of The.. Might That Was Assyria, by HWF Saggs).
Even today, in America, the Arabs continue this policy of Arabization. October 27, 2001 a coalition of seven Assyrian and Maronite organizations sent an official letter to the Arab American Institute, demanding to stop identifying Assyrians and Maronites as the Arabs that they have done intentionally.

Today, there are minorities and nations struggling for survival in the Arab-Muslim Ocean Middle East and Africa (Assyrians, Armenians, Copts, Jews, southern Sudanese, Ethiopians, Nigerians …), and we have to be very sensitive to unwittingly or inadvertently not support claims Islamic and Arab imperialism in its attempts to erase other cultures, religions and civilizations. The duty of each of us to explore the topic before the speeches and make statements on such sensitive issues.

I hope this was helpful information for you. For more information, use the links below. You can contact me by e-mail keepa@ninevehsoft.com, if you have any further questions.

Thank you for attention.
Peter BetBasoo.

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Globalist deadly prescription

The diagnosis is correct in the link below.    The recommended prescription and therapy are deadly poison. More government spending to create more demand? They acknowledge the global economy is in a giant debt hole, but they prescribe more digging. Isn’t that a definition of insanity?

What we need are good, old fashioned, real time managers who can calmly, step by diligent step, manage down the global debt bubble. Imagine you are running a business and demand for your products is weakening. Are you going to build new capacity, hire new employees, and borrow more money to try to develop more demand? That is the prescription of the UN, global elites, Democrats and RINOs. Their real currency is debt.

Your currency, the currency of freedom, is private property…unencumbered, debt
-free private property, real property, hard assets, and cash.

They will do anything necessary to steal your property from you and to make you dependent on them for loans and handouts and to give you work for ever lower and lower real wages on which you must pay higher and higher taxes…this is what the UN and our governments are all about today. They will scare you until you are clamoring for them to step in and protect you and in the process you will lose more freedom.

Yes, they will bail out the banks and Wall Street once again and hand you the bill again. Like King George, the global elites have already decided your fate. What will it be Americans? Will you reject their plan of global enslavement as did the brave Brits recently in their Brexit vote to leave the EU and as lovers of liberty have done since the Magna Carta?   Globalist deadly prescription

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NYTimes & Zika: a brief case study on climate change hype

NYTimes

Source: NYTimes & Zika: a brief case study on climate change hype

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