The green mirage—and con job

Elon Musk and his fellow barons of Climate Crisis, Inc. recently got a huge boost from Pope Francis. Musk et al. say fossil fuels are causing unprecedented warming and weather disasters. The Pope agrees and says Catholics must “ask God for a positive outcome” to negotiations over another UN climate treaty.

It matters not that the predicted calamities are not happening. There has been no warming in 19 years, no category 3-5 hurricanes making US landfall for a record 9-1/2 years, indeed none of the over-hyped climate disasters occurring in the real world outside the alarmists’ windows. In fact, poor nations support the treaty mostly because it promises some $100 billion per year in adaptation, mitigation and compensation money from FRCs: Formerly Rich Countries that have shackled their own job creation, economic growth and living standards in the name of stabilizing Earth’s perpetually fluctuating climate.

Any money that is transferred will end up in the pockets of governing elites. Poor families will get little or no cash—and will be told their dreams of better lives must be limited to jobs and living standards that can be supported by solar panels on their huts and a few wind turbines near their villages.

Simply put, the Musk-Obama-Pope-Climate Crisis schemes will save humanity from exaggerated and fabricated climate disasters decades from now—by impoverishing billions and killing millions tomorrow.

For the catechism of climate cataclysm coalition, the essential thing is that we believe the hysterical assertions and computer models—and support endless renewable energy mandates and subsidies.

Musk and his Tesla and Solar City companies have already pocketed $4.9 billion in taxpayer-financed subsidies, and even long-elusive profitability has not ended the handouts. Now he claims a small “blue square” on a map represents the “very little” land required to “get rid of all fossil fuel electricity generation” in the USA and prevent a non-existent climate cataclysm. We just need rooftop solar panels linked to wall-mounted battery packs—a mere 160 million Tesla Power walls—to eliminate the need for all coal and natural gas electricity generation in the United States, he insists.

Via: Canada Free Press

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How L.A. Can Avoid Becoming The Next Detroit

When Detroit filed for bankruptcy in July with its $18 billion in liabilities, many people predicted that Los Angeles was not far behind.

But LA is not going to tank as our City’s dynamics are very different, at least for the time being.

Since 1950, Detroit’s population has decreased 63%, from 1,850,000 to less than 700,000 in 2012.  Los Angeles, on the other hand, has seen its population increase as our diversified economy located on Pacific Rim continues to grow, although a much lower rate than in the past.

Our annual income per capita of $28,000 is almost twice the $15,000 level in Detroit where over 36% of the population lives below the poverty line.  This compares to an unhealthy 20% in LA.

Detroit, with its 78,000 abandoned buildings and 66,000 blighted and vacant lots, has seen its revenues fall by 20% over the last five years.  Unfortunately, its revenues are expected to decline by an additional 13% over the next four years while pension obligations will gobble up an unsupportable 44% of the budget, up from the current level of 20%.

Detroit does not even have access to the $500 million that it needs over the next five years to repair its epidemic of urban blight.

Meanwhile, in the City of Angels, our revenues have increased to record levels and are projected to grow by 13% over the next four years.  Meanwhile, pension contributions will chew up “only” 23% of revenues.

But this does not mean that LA is out of the woods as our City is facing significant financial issues.  LA is projecting a cumulative deficit of $800 million over the next four years if it is unable to renegotiate its contracts with its civilian unions.

Via: California Political Review

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