By: Marc Morano – Climate Depot
New: Today, 7 federal agencies are announcing clean energy projects and plans that will activate the entire government to fight climate change, lower energy costs, create good-paying, union jobs, and accelerate America’s clean energy economy.
Details here: https://t.co/LoEBLyUX4u— The White House (@WhiteHouse) January 12, 2022
– Incoming U.S. President Joe Biden has promised an “all-of-government” approach to fight climate change that would require federal agencies from the Defense Department to the Treasury to help the administration achieve its goal of sharply slashing nationwide greenhouse gas emissions. …
“Every agency is a climate agency now,” said Sam Ricketts, co-founder of Evergreen Action, an advocacy group that advised Biden’s transition team on climate change. …
The Education Department could direct federal dollars toward funding of specialized teachers and programs to raise awareness of climate change and use its procurement powers to assist in the electrification of bus fleets and greening of school buildings.
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‘A whole-of-government approach’ – Climate will touch ‘every single piece’ of Biden’s budget
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The return of the Green New Deal?
More tax dollars down the shitter.
They’ll pay outrageous money to their cronies for programs with no visible effect, which admittedly is the same thing.
Just part of Build Back Broke.
or Burn Down Better
Build Socialism Faster
Build a Bigger Welfare State
Broke back biden
Here you go this is where all the magic money is coming from. 40% of US dollars printed in the last year.
40% of US dollars in existence were printed in the last 12 months: Is America repeating the same mistake of 1921 Weimar Germany?
Nickie Louise
POSTED ON MAY 22, 2021
Here’s a video showing about hyper inflation and how the US and other countries are heading for it.
James Bull
Or Bring Back Bolshevism
The exhumation of the GND. It will stagger around zombie like till the stink overwhelms us and then it will vanish.
Or it gets shot in the head.
Aka “Green Wheeling and Dealing”.
Good-bye America It was nice knowing you.
It’s like Peter Pan and Tinkerbell. Every time an American says “I believe in Catastrophic Global Warming” a little bit of the light that America shone on the world dies a lgutters and extinguishes. But Brandon Hook sails blithely on insulated in his cotton wool brain.
Absolutely!
BHO set the standard. If you can’t pass it, just do it!
Uncle Joe has a telephone and plenty of ink.
They want us to pay for their “climate change” scheme NOW. Investors are getting impatient for our money.
Bad enough if it were just our money. It is also our children’s, our grandchildren’s, and several more generations of descendent’s money. The money will be borrowed and will take literally hundreds of years to repay even at current levels of productivity and prosperity.
Well, naw, not really. It will be printed. And as long as the rate of printing stays just ahead of rate at which the declining value of the newly printed money is noticed, it will work. Until it doesn’t.
Quelgeek, “Bad enough if it were just our money.” Because it’s also the Defense Department, now focused on the Climate Change Fight to Save the Planet. Actually defend against a security threat, or to help friendly countries, or to honor treaty obligations? Forgetaboutit! What a mess.
Meanwhile, China now has the largest navy- sure, it’s not nearly as good as the smaller American military- but don’t underestimate China- look at its cities.
No one thought very highly of the capabilities of Japanese warships and planes back in the day either.
I just watched a panel discussion on Chinese military strategy, by the Hudson Institute and it was very disturbing.
“China’s Coercive Missile Strategy and the US Response”
https://www.youtube.com/watch?v=SisBN8urqfQ&t=1417s
while the West focuses on the horrors of a deg C rise in temperature – China is preparing to rule the world
so much for having enriched American universities which wanted full paying customers- who came here and took home all our technology- the cost for tuition to get all that tech was a bargain
At dawn we slept, United States. Obsolete battleships too slow to keep up with carriers, underfunded training and modernized equipment slow to appear. Japan paid a very high price in naval war.
Sorry to be so abrupt, but everyone needs to get a clue: The US national debt will never, ever be “paid off”.
All that happens, ever into the future, is that the US will make payments for interest due on the national debt, even if that means taking on even more debt to make the interest payments!
Correct, and if they try to inflate it away, you can kiss the dollar goodbye as a working currency, as well. The only way this works out, albeit painfully, is to repudiate the debt on the basis that the populace never really consented to, or benefited from, it’s incursion.
Not entirely true. The way governments (well, Western governments) have been handling debt is to make inflation part of their financial master plan.
A 3% inflation rate pretty much halves the value of the currency in 10 years. If the government owes $10, it can just pay the interest, and ten years later, in real terms, the debt is now half of what it was.
Of course, it also means your salary is worth half of what it was. Did you ever wonder why annual wage increases (in “normal” times) were all ~3%?
This is why they go apoplectic at the prospect of deflation. For you and I it would be a wonderful thing. For them, it would mean that kicking the can down the road would no longer work. It would bite them, hard. They would have to pay their debs and live within their means.
Sorry, Phillip, but the “Rule of 72” says that it will take approximately 72/3 = 24 years (not 10) for a 3%/year inflation rate to halve any current value, in terms of spendable dollars.
Check it out: 0.97^24 = 0.48
You are right … don’t know where 10 crept into my head from.
The principle still holds, just a slight longer time.
Maintain a 3% inflation rate and your debt pretty much clears itself. And it keeps the plebs quiet, giving them 3% pay rises each year, which really means that they stand still.
The current inflation rate is closer to 7%, which will halve the debt in ten years: 0.93^10=0.48, so you’re both right.
The problem is that the debt is accumulating at a rate that exceeds 3%.
Interest payments on the debt also need to be considered. It may be possible to maintain low interest rates and high inflation in the short term. Over the longer term inflation will result in higher interest rates or capital starvation as financial institutions and investors decline to lend at reduced (or even negative) real interest rates. Every 1% increase in interest rates adds ~$230B in interest costs on the debt. Compounded. This ends badly.
The problem reduces to simple terms.
Find those who will ultimately collect the interest and you will find the ones behind the curtain of catastrophic climate change.
Or possibly the money will be, UK style – printed.
But even Governments cannot just give away that sort of money so it must first be laundered by brokers and dealers within the big financial institutions.
Of course that doesn’t come cheap, do we guess what, 10 15 or even 20% cut for the banks?
Whatever amount it is is more than sufficient to drive UK house market absolutely crazy as the value of rural properties across southern England skyrockets – the dealers and their spoilt brat kids want a ‘quiet life’ and as far away from Covid as they can get.
It will certainly destroy Boris, if his drunken party going excesses don’t bring him down first.
Because that massively growing North South wealth divide will lose him all the votes that got him and the Conservatives into power
Then, nightmare upon nightmare, what depths of (green and otherwise) Tyranny ## will the socialists plumb?
interesting times
## That Uttig fellow or whatever his name was from Cambridge, as covered here twice was simply basically A Squirrel.
His Total Control vision gave the impression that there was plenty time to put the brakes on the advancing tyranny, that it was a threat in the medium to long term.
wrong wrong wrong. Its already here
As in the story about twin Smart meters, one for your house, the other for your car = just about the only freedom, joy and liberty western folks now enjoy.
How would you classify Boris’ diktats about heat pumps and electric cars – that in any normal timescale, he’s asking that they all be deployed ‘yesterday’
Well those “investors” did fund the Democrat takeover; need a return on investment before the midterm.
Deploy the special union forces and crack advocacy storm troopers.
Are We Not Men?
Wearing pantyhose.
1978 – Dig the Masks!
Aha! There’s the reason for the “blast wall” around the WH. Most critical thinking common sense folks know there is no “climate change” crisis. Taking more money from the citizens will solve nothing, just make the elite wanna be dictators richer.
Just sayin’.
Will Joe Biden invest enough? I heard a figure of just $500 billion total to fight climate change…will that be enough to save us?
Nowhere near enough.
Just yesterday, WUWT posted an article by Ken Gregory that priced the cost of the US going to “net zero emissions” for just electricity generation in the US at USD $433 TRILLION . . . yes, TRILLIONS (see https://wattsupwiththat.com/2022/01/12/the-cost-of-net-zero-electrification-of-the-u-s-a-blog-post/ )
more like 500 trillion
Multiply that by one thousand and you will be close
There are some things that money can’t buy! Building batteries from unavailable cobalt is one of them. Another, is protecting people from the effects of energy poverty when the electrification plan is held up by supply line issues.
The wealthy tend to think that anything can be obtained for the right price. However, if it takes more energy to produce energy sources or storage than they can produce over their lifetime, then it is a net loss that can’t be sustained long-term.
Besides, there comes a point where even gold has no intrinsic value because, you can’t eat gold, and anyone who has food to eat, water to drink and a warm place to sleep, isn’t parting with it. Welcome to the universe of Mad Max.
Since they’ll be chasing unicorns, it will all be spent needlessly, regardless of the amount.
There can never be enough taxation to save us. Its in the Democratic party platform.
They must have they been building more coal fired power stations
They have to raise them before they can lower them.
Raise by 5, lower by 2.
We must save the midterm elections, I mean the planet!
The problem is that isn’t the demographic that is going to swing against them 🙂
This looks like the same goofy approach Trudeau is using in Canada. Every federal government department is mandated to “do something” about global warming/global weirding/climate change.
Trudeau mandated “stopping subsidies to oil companies”….could only find loans to 3rd world energy projects to halt (anti-poverty money needed in those countries)….otherwise it was Canadian governments at various levels who received huge amounts of tax money from the energy industry.
“Governments and financial institutions are pushing to wean the world from fossil fuels to address climate change. But demand for energy remains robust.”
From today’s WSJ about how the evil Canadian tar sands are still producing oil b/c of wicked robust demand…
“Every federal government department is mandated to “do something” about global warming”
I remember when that meant, “Remember to turn off the light switch when you leave the room”.
If they do as good a job as everything else this administration has done then nothing will actually happen
No. They’ll fight “climate change” as successfully as they fought Taliban.
While spending billions on it anyway.😃
$Trillions. Their fanaticism to steal your money is boundless.
Now that we’re talking hundreds of trillions, who will be the first to demand spending $1 quadrillion?
We’re doomed….
Unfortunately, you just may be right! While the captain of the B Ark plays with his rubber ducky, the ship is on course to crash.
But what about a good 5 cent cigar?
….that would be a 5 dollar…or 50 dollar cigar today.
Sadly, anything you like must be excessively taxed to save you from yourself.
Traitor Joe goes full out to sabotage the US economy…
We’ll all be drinkin’ that free Bubbleup and Eatin’ that Rainbow Stew!!!
Looks like they’re invoking the “good paying jobs” mantra.
The phrase “good paying jobs” always amuses me:
Exactly how is a coal miner supposed to suddenly have the transferable skills to build wind turbines?
Once again, green ideas sound so perfect until reality slaps them in the face with a broken solar panel.
Good paying UNION jobs.
I don’t think Joe Biden has ever said jobs without including “union” in there. You see, the unions give Biden lots of money so he promotes unions at every opportunity.
Scary, ain’t it? When they want to use OUR money to chase an imaginary bogey man, and the solution is to destroy the economy in the name of helping.
“We’re from the government and we’re here to help you.”
Words to strike fear in the hearts of any thinking person.
I wish they would simply explain how all of this so called “climate fight” will benefit the climate and cite the science that indicates how the fight will change the climate.
Of course if there really were any climate correcting possible they wouldn’t have to use words like fight, address, confront, battle or deal with.
I spy a disaster in the making. is it 1984 yet?
The next election will be a disaster for the Democrats.
Unless they perfect the federal fraud scheme before then.
Its getting closer. We may be saved from a full-blown 1984, by the U.S. elections that take place in November. Let us pray.
Only union climate warriors are accepted.
“We’re the government, and we’re here to help!” More money for more nutjob teachers???
What could go wrong with this plan?!!!
Vote counters’ lives matter.
What could go wrong? Well, these agencies could spend their time worrying about climate change instead of doing the job their agencies were created for.
What priority is climate change to the Defense Department? Are hypersonic missiles a higher priority than climate change? Let’s hope so. I’m not sure with Biden in charge. No telling what is going on in that distorted mind.
I saw Biden in a ‘presser’ this morning. He still has the capacity to read from a teleprompter. However, I would say that the man is not well. He looked like a deer in headlights after he finished reading the teleprompter.
Whenever Joe Aneurysm gets apoplectic and pounds the podium, his staff hold their breaths watching for the stroke out. It’s like a train wreck: horrible to see but you can’t look away.
If Biden does have a stroke, would his staffers actually tell anyone?
If they speak up, Harris gets to take over. The only politician in the country who is less popular and less competent than Joe Biden.
Have you met Adam Schiff?
Check out Military Expert Panel Report ‘Sea Level Rise and the US Military’s Mission’ 2nd Edition, Feb 2018.
There are probably others.
FJB
Impeach and remove JB for dereliction of his duties.
Impeach and remove Kamala for being too stupid to serve in this capacity.
How is this not instituting a National Religion?
It is indeed and we must worship the Green God.
Separation of church and state. The administration could be sued on religious grounds.
What if Trump, when he was fooling around in office, declared by fiat that all agencies would “Activate the Entire Government” into stopping illegal immigration?
Same sort of enthusiasm among the elite and The Ruling Class?
All action will be in vain:
Global warming due to, ehhh,…. global greening! | Bread on the water
“The Education Department could direct federal dollars toward funding of specialized teachers…” = train teachers to brainwash children with political propaganda.