http://www.newsdaily.com/stories/tre49b35b-us-financial-usa-stimulus/

The individuals in the article read like a who’s who of AGW alarmists. Not much doubt about what will happen when the Democrat’s gain a majority with a Dem president. We’re going to get change whether it works or not.
The oil companies will not be provided an incentive to drill, trillions more will be spent on programs that will not benefit anyone in the long run.. we’re all in big, big trouble.

The VIX (“Volatility Index”) – a pretty good “panic indicator” – hit new record highs today.

“Colorful financial analyst” Jim Cramer was on the Today show this morning, telling his devoted followers he wanted them out of the markets…

“…“Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market right now.” ” – so sayeth Cramer

http://www.msnbc.msn.com/id/27045699/

Somebody remind me…

WHY was it so important that we had to pass the “bailout” bill (especially with most congressmen not reading it or ignoring what was in it) ?

You are all complaining about having to declare your CO2 emissions from breathing. Have you thought about the huge tax returns you could be getting if you hold your breath for a mere 7 hours a day?

I figured out I could quit my job if I can get up to 9 hours of breath holding a day. Woo hoo. No work, free money, and saving the world…

Commodities, including the energy complex, metals, ag, are down across the board.

I well remember just six months ago that inflation was going to (literally) eat our lunch.

DE-flation is now back in force.

You know, I’m starting to wonder if – maybe – the big expensive bailout didn’t inspire a lot of confidence…

” During a week where Americans were focused on perhaps the greatest economic challenges this country has faced in over a generation, House Democrats released a set of principles on October 2nd that outline an aggressive plan to cap greenhouse gas emissions.

” The plan could be even more economically restrictive than the failed Lieberman-Warner Climate Security Act, which would have cost $6.7 trillion dollars, according to the bill’s own sponsors.

” That $6.7 trillion cost would have been passed on to families and workers across the country in the form of higher gas prices, higher electricity and heating/cooling bills, more expensive consumer goods, and higher workplace costs.

” As we learned during this past summer’s debate on the failed Lieberman-Warner global warming cap-and-trade bill and with the recent victory on offshore drilling, the appetite of the American people to unlock America’s affordable energy resources is very strong. When it comes to being in touch with Americans, the House Democrats need a reality check.

“The current financial crisis only reinforces the public’s wariness about any climate bill that attempts to increase the costs of energy and jeopardizes jobs. ”

(EPW Press Blog)

http://www.junkscience.com

Of course we need lots of carbon taxes. We just bought $700 billion worth of bad mortgages. That money has to come from somewhere.

“University of Calgary climate change researchers say they are close to figuring out how to commercialize the capture of carbon dioxide directly from the air with a simple system that could be set up anywhere in the world. ”

http://www.cbc.ca/technology/story/2008/09/30/carbon.html

Isn’t this WONDERFUL?

(no, it isn’t).

The only reason we know now is because everyone and their cousin their cat their chimney sweep is pouring over this bill.

Well, we only have two years until the NAS report is due.

BTW, I think most of those tax extenders are legit. The Jamaican rum stuff is actually sending the taxes we get back to the island for that government to spend on infrastructure. The arrows are non-hunting arrows which means they are being excused from the excise tax on arrows used for hunting. All these extenders are just that, nothing new, just extending the credits or arrangements for another FY.

Rather minor point –which never stopped congress in the past. ;)

Seriously, this is “stupid is as stupid does,” business as usual. Government will wax and wain — and will neither intentionally, completely, annihilate voters nor destroy the tax revenue generating economic machine.

Relative to AGW, how many other world governments have we seen proclaim x goals to reduce CO2 but, in the end, pursue a significantly smaller subset of x.?

Well, it IS rather hard to validate the future.

Long way to go. Lots of stuff has been on the “books” for years / decades — being extended and/or slightly modified. They did not write this stuff last week — it was ready to go on opportunity.

A lot of the “stuff” is desirable regardless of the stated motivations for enactment into law.

The SEC. 117. Carbon audit of the tax code was going to happen anyway. Without doubt, it is going to be a regurgitation of thirty years of AGW regurgitant. They are going to be many AGW’ers extremely pissed about waiting two years to present it.

Discussion of millions of dollars worth of porkified wooden arrows and such , in my opinion, belongs not on WUWT.

Post that people can use to label WUWT’ers into various groups of social fringe dwellers — such post will only aid those of the opposing (AGW’ers) view who jump every chance to obfuscate