+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 39
Latest: Felipe_solarmining_chile
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 7237
Total Topics: 215
Most Online Today: 2
Most Online Ever: 48
(June 03, 2014, 03:09:30 am)
Users Online
Members: 0
Guests: 0
Total: 0

Author Topic: Money  (Read 2185 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 7067
  • Location: Colchester, Vermont
    • View Profile
    • Agelbert Truth AND Consequences
Re: Money
« Reply #180 on: June 17, 2017, 02:35:58 pm »
Agelbert NOTE: Here the biological logic of closing the high seas to fishing (Dr. Lubchenco calls it the Wet West - referring to the "Wild West" term because anything goes and there is ZERO respect for sustainability) is mentioned, although also pointed out by Dr. Lubchenco is the fact that major governmetns refuse to do so. 

As Economist P. Dasgupta laments, collective action to stop, or even ameliorate, this crisis consistently fails to be achieved, even though we are basically out of time for additional delays.

Biological Extinction | Discussion #6

Casina Pio IV



Published on Mar 2, 2017

How to Save the Natural World on Which We Depend

PAS-PASS Workshop
Casina Pio IV, 27 February-1 March 2017

On our 4.54 billion year old planet, life is perhaps as much as 3.7 billion years old, photosynthesis and multi-cellularity dozens of times independently around 3.0 billion years old, and the emergence of plants, animals, and fungi onto land, by at least the Ordovician period, perhaps 480 million years ago, forests appearing around 370 million years ago, and the origin of modern groups such as mammals, birds, reptiles, and land plants subsequently. The geological record shows that there have been five major extinction-events in the past, the first of them about 542 million years ago, and suggests that 99% of the species that ever lived (5 billion of them?) have become extinct. The last major extinction event occurred about 66 million years ago, at the end of the Cretaceous Period, and, in general, the number of species on earth and the complexity of their communities has increased steadily until near the present.

Agelbert additional NOTE:  The global warming crisis is itself a symptom of the world view that gave us people like Trump. Unless he starts a nuclear war, he won't kill most of us; but Catastrophic climate change certainly will.

The source of the current and worsening crisis is lack of ethics among government and business elites.

Even though we ARE bordering on collapse, it is due to a concentration of ill gotten profits in a tiny group of rapacious oligarchs, not because the money is not there.

The Wall Street Capitalist "logic" has been debunked over and over. Privatization ALWAYS increases costs to society, not the other way around, as Wall Streeters fervently, and erroneously, believe.

The reason for that has been clearly laid out by eminent economists who do all the math, not just the convenient parts that 'justify' perpetual growth, on the costs human business activity on the biosphere we all require to live.

The "logic" of the business community is that IF a COST is not placed on exploiting the resources of the biosphere in an unsustainable (i.e. POLLUTION PRODUCING) manner, a de facto INCENTIVE exists, according to economic theory, to engage in rapacious biosphere damaging business practices. This, OF COURSE, assumes, as Capitalism's flawed economics education also seems to assume, that ethics play NO ROLE WHATSOEVER in business strategy and decisions to engage in whatever.

This is not only patently false, it is eventually suicidal in a finite resource environment (i.e. our biosphere).
ETHICS has been eschewed by Capitalists to the detriment of, not just the rest of us, but the biosphere as well. This incredibly short sighted attempt to claim monetary PROFIT obtained regardless of Social Costs INCURRED, BUT NOT PAID, is the be-all-end all of economics is sophistry at its worst. It is willful and deliberate cherry picking of what costs apply and what costs are "external". IOW, it's IRRATIONAL thinking passed off as "fiduciary responsibility to corporate profits".

This eminent economist (P. Dasgupta) exposes the ethical bankruptcy of this "incentive to be unethical" (Economic Theory of Income Accounting instead of the more comprehensive, BUT NOT USED, Wealth Accounting) in the following video (go to T7:29):

P. Dasgupta is answering a question asked of him at the time point I just gave you. He discusses flow accounts versus stocks and the historical reasons for it. He discusses the problems with measuring GDP.


SEE BELOW the results of Capitalist "economics" cherry picked "cost efficient privatization" over nationalization:


« Last Edit: June 18, 2017, 03:14:51 pm by AGelbert »
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 7067
  • Location: Colchester, Vermont
    • View Profile
    • Agelbert Truth AND Consequences
Re: Money
« Reply #181 on: June 18, 2017, 01:35:04 pm »

What Happens When The Oil Economy Collapses?

June 17th, 2017 by Zachary Shahan

SNIPPET:

The question is simple and stark, but there will be a gradient of effects, and side-effects, and after-effects. As the oil economy collapses, the world will change. And it will change a great deal.

Let’s start with some of the basics.

Oil company values — which are currently topping the charts — will collapse. That means that certain investors (many investors) will “lose money,” or see their net worth drop. To put this into a little more perspective, we highlighted recently that Tesla [TSLA] has passed the US “Big 3” automakers in market cap, currently sitting at $60.15 billion (compared to GM at $51.73 billion and Ford at $44.76 billion). Meanwhile, Exxon’s market cap sits at $354.59 billion, Chevron’s market cap is $204.76 billion, and Saudi Aramco’s expected to be valued at $1–10 trillion.


Venezuela today; the USA tomorrow? ???


Some of our top commenters have made it clear — the oil bubble could collapse at any moment.

Full article with GREAT comments guaranteed to give fossil fuelers Excedrin Headache number 666. :

https://cleantechnica.com/2017/06/17/happens-oil-economy-collapses/

Agelbert Commentt reply to a fellow that said Big Oil was being forced to transition Renewable Energy: Big Oil has done the "invest in green tech" head fake before, even while they kept funding denier stink tanks and astro-turf pseudo-science propagandists yammering about the sun "getting weaker" and the "greening of the earth" from all that extra CO2 our loyal servants from the fossil fuel industry are providing at "no charge".

"Beyond Petroleum" for BP?  Transition by  Shell? Nope!

As you said, big Oil will transition eventually to Green Clean Tech, but ONLY when they have no other option under the law. Until then they will continue to drag their feet and defend polluting profit over people and planet with tooth and corruption claw.

This essay clearly lays out the fact that the Fossil Fuel Industry faces huge liability issues in the immediate future simply because there is ample evidence that they have deliberately sabotaged government efforts to transition to Renewable Energy for several decades. Their criminal behavior is not just Criminal Negligence", but actually mens rea criminal involving premeditated harm to the public welfare. That is why the fossil fuel giants like Exxon have always done everything they could to make the courts their handmaidens (SEE: the remedy for the Exxon Valdez damage reduced to ONE TENTH of the initial amount by the Supine Supreme Court).

Why is Big Oil and Gas so apparently  suicidal and stubborn, when they have the capital in their coffers to totally transition to Renewable Energy?

SEE BELOW:


As Zach pointed out, Big Oil is part of the global economy. When Big Oil goes down ,and they will, the economy takes a massive hit. That "hit" will depend on how far along any particular segment of the global economy has gone towards a 100% transition to Renewable Energy. New Zealand is getting there. Denmark, Iceland, Scotland, Finland and Portugal, as well as Germany are doing great as well. But the USA, Russia and ALL the other petro-states except maybe Qatar (Qatar is moving in the right Renewable Energy direction - hence fossil fuel tool Trump's attempt to demonize them) will be the most negatively impacted by the collapse of the oil based global economy.

But there is another aspect of risk that human civilization is increasing by delaying the total transition, not just away from fossil fuels, but to an ACTIVE biosphere remediation program to return to 350 PPM of CO2.

This risk is about the coming gigantic ocean storm and wave activity. This is not hyperbole. Two peer reviewed scientific studies published over the last two years predict ocean wave activity beyond the ability of present ship design.

I wrote a rather long (practically a mini-e-book) a while ago in three parts. The bottom line on the risk to our civilization in general and global shipping in particular is laid out in the third part. 

People need to know what we are facing. People need to know the fossil fuel industry knows the score and does not care. They are the bad guy here.


Climate Change, Blue Water Cargo Shipping and Predicted Ocean Wave Activity: PART THREE

SNIPPET from the above article:

Global Civilization is threatened within 25 years or less by the scientifically predicted ocean surface wave activity in the Hansen et al June 2015 study * and the Dutton et al July 2015 study ** evidencing a 6 to 25 meter (19 to 82 feet!) sea level increase in the geological record when the CO2 parts per million (PPM) atmospheric concentration was between 300 and 400PPM. As of October of 2015, the CO2 concentration is at 400PPM. It is increasing at over 3PPM per year.

* Atmos. Chem. Phys. Discuss., 15, 20059–20179, 2015 doi:10.5194/acpd-15-20059-2015 © Author(s) 2015. CC Attribution 3.0 License.

Ice melt, sea level rise and superstorms: evidence from paleoclimate data, climate modeling, and modern observations that 2 C global warming is highly dangerous
J. Hansen1, M. Sato1, P. Hearty2, R. Ruedy3,4, M. Kelley3,4, V. Masson-Delmotte5, G. Russell4, G. Tselioudis4, J. Cao6, E. Rignot7,8, I. Velicogna8,7, E. Kandiano9, K. von Schuckmann10, P. Kharecha1,4, A. N. Legrande4, M. Bauer11, and K.-W. Lo3,4

www.atmos-chem-phys-discuss.net/15/20059/2015/
http://www.atmos-chem-phys-discuss.net/15/20059/2015/acpd-15-20059-2015.pdf

** Science 10 July 2015: Vol. 349  no. 6244  DOI: .1126/science.aaa4019 

Sea-level rise due to polar ice-sheet mass loss during past warm periods
A. Dutton1,*,  A. E. Carlson2,  A. J. Long3,  G. A. Milne4,  P. U. Clark2,  R. DeConto5,  B. P. Horton6,7,  S. Rahmstorf8,  M. E. Raymo9
 
http://www.sciencemag.org/content/349/6244/aaa4019.abstract
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 7067
  • Location: Colchester, Vermont
    • View Profile
    • Agelbert Truth AND Consequences
Re: Money
« Reply #182 on: June 25, 2017, 02:57:33 pm »
Barclays Executives Charged with Paying $400 Million in Kickbacks to Qatar

June 25, 2017

The charges filed by Britain's Serious Fraud Office against Barclays Bank executives are unprecedented explains Ian Fraser, author of "Shredded: Inside RBS The Bank That Broke Britain"


http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=19375
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 7067
  • Location: Colchester, Vermont
    • View Profile
    • Agelbert Truth AND Consequences
Re: Money
« Reply #183 on: June 26, 2017, 08:14:21 pm »
Reinventing the Economy to End Oppresion - Our system is Foundationally Corrupt

Jun. 23, 2017 5:50 pm


On tonight’s Big Picture, Thom discusses the human rights movement and its connection to the economy with activist and author Peter Joseph.  As runaway global warming continues to accelerate and the gap between rich and poor - there is a sense among many that our civilization is in crisis. What’s causing this crisis? And how do we move beyond the broken status quo and literally design a better future? Those big questions are at the heart of social critic and activist Peter Joseph's new book, "the New Human Rights Movement: Reinventing the Economy to End Oppression."

Then, Thom talks to Phillip Stucky of the Daily Caller and Alex Lawson of Social Security Works about GOP senators opposing the Senate’s version of a healthcare bill and Donald Trump doing a big favor for the Big Pharma industry.
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 7067
  • Location: Colchester, Vermont
    • View Profile
    • Agelbert Truth AND Consequences
Re: Money
« Reply #184 on: Today at 02:06:56 pm »
DoctorWhom,
UB (otherwise known as Uncle Bob) is a Libertarian, more or less. IOW, he believes all those social programs are baloney. I totally disagree with him on that score, and have given him "Da Bidness"   on it several times in the past. At any rate, I suspect he was rather pleased to see someone win (Trump) who wants to drown government in a bathtub while the 1% cheer. That is, to UB, a "good" thing because it will make all the "lazy bums" out there have to "work for a living".

That is precisely the mindset that gave UB, who  lives in Australia, a DEAD GIANT CORAL REEF called the Great Barrier Reef.

UB, you are a smart man, but your ideology lacks empathy. Yes, I know you have your own rather convenient view of how much "empathy" humans need to have to be "emotionally healthy". Good luck with that self centered attitude, Doctor, while the biosphere goes to hell in a profit over people and planet Libertarian, greed based, HAND BASKET.


I am all for smaller less intrusive govt. What Social programs i think we can do without need to be specific.  I believe in free healthcare   , free education    including trade     and tertiary with conditions like real competence   , and social security   , again with certain conditions  ;). I dont believe someone incapacitated or has been in jail the last 5 yrs should be expected to find work and have no other income  . I don't agree with paying someone effectively 100$ a week for every additional child they have. I've seen single mothers with 6 children on incomes of 1100-1200$ a week. Of course they do have a boyfriend, but he is never admitted living together. Incentivizing this    instead of a little hand me down usually does none of those 6 children any favours.

I considered Trump winning last november a hail mary pass there was a chance he meant what he was saying about less military intervention around the world and reversing the slide toward world war 3. I expected at least half to be disappointed. I enjoyed his humiliation of the msm, and both clintons, especially bringing r a p  e victims to debates, but never really trusted him. Its clear now, it was all an act and not one word he uttered was earnest.


You are a doctor of the mind and you knew darned good and well the carnival barker, con artist, narcissistic, empathy deficit disordered manipulator that Trump was, and is, from the start. I do not have your insight, your credentials or your experience, yet I knew what he was up to from the start. While I celebrate the fact that you have come around to seeing Trump as he really is, I insist that the only reason you didn't see him that way earlier is that you were blinded by "free market" ideology. I find it hard to believe that you were swayed by Trump's anti-Clinton talk. A con artist will use the truth to disparage a competitor if he can, which is what Trump did. But you should have known that Trump could care less about even the most heinous acts perpetrated by the Clintons. Of course Clinton was a non-choice. But that did not make Trump the choice.

The Green Party Candidate was, once Sanders was railroaded, the only ethical choice. You did not support her because of your ideology, UB.

I could have a very long conversation with you involving first causes as to why your belief that people on welfare have a pecuniary incentive to have children is based on ideology, not cause and effect in society and government. But I wont simply because you assume that it is blatantly obvious that people are all about taking a free ride when they are given an opportunity. That is part of your ideology. I agree many are like that. But they did not get that way because they were born that way. But like I said, this is like a well (deep subject  ;D).

At any rate, I'm glad you and yours are still healthy. May you continue to do well. 
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

+-Recent Topics

Future Earth by AGelbert
Today at 04:46:49 pm

Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution by AGelbert
Today at 02:54:28 pm

Money by AGelbert
Today at 02:06:56 pm

Wind Power by AGelbert
Today at 01:11:30 pm

Global Warming is WITH US by AGelbert
June 26, 2017, 11:25:09 pm

Fossil Fuel Skulldugggery by AGelbert
June 25, 2017, 03:31:19 pm

Electric Vehicles by AGelbert
June 25, 2017, 02:48:17 pm

Corruption in Government by AGelbert
June 23, 2017, 10:35:08 pm

Fossil Fuel Profits Getting Eaten Alive by Renewable Energy! by AGelbert
June 23, 2017, 09:45:10 pm

In the Interest of Harmony Among People With Different Beliefs by AGelbert
June 23, 2017, 02:40:26 pm

Free Web Hit Counter By CSS HTML Tutorial