Andy Semple

CNBC’s Rick Santelli Looks at the Latest US Debt Ceiling Increase and its Scary

With the political discussion of late largely focusing on the GOP primary and income inequality chastised by “the ninety-nine per cent occuytards,” many US media commentators have seemed to have forgotten the mounting US debt that will weigh heavy on the backs of each and every American. The US Senate on Thursday voted to allow President Barack Obama to increase the debt ceiling by $1.2 trillion (that’s $1,200,000,000,000.00) to ensure that the federal government can pay its bills through the November elections.

Rick Santelli hasn’t forgotten, and he’s quantified just how much each person will be on the hook for with the latest rise in the debt ceiling.

  

The new US debt ceiling is now at $16.4 trillion or $52,409 per American (312 million Americans).

Australian media commentators have also seemed to have forgotten about the mounting Australian debt that will also weigh heavy on the backs of each and every Australian. The rainbow Gillard government last year passed a series of budget measures including raising Australia’s debt ceiling to $250 billion (that’s $250,000,000,000.00). The move came as the Gillard government's gross debt is forecast to rise to A$239.1 billion in 2013-14.

The new Australian debt ceiling is now at $250 billion or $10,956 per Australian (23 million Australians).

 

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Energy Expert: Germany’s Renewable Energy Transition “Will Fail Spectacularly – Heavily Damaging the Economy”

The European Institute for Climate and Energy (EIKE) issued a press release on a 28-page report that German energy expert Dr. Guenter Keil wrote concerning Germany’s transition to renewable energy, and away from nuclear and fossil fuel energy.

Germany’s Green Energy Supply Transformation Has Already Failed
EIKE Press Release, 24 January, 2012

Energy expert Dr. Guenter Keil has closely examined Germany’s energy policy of shifting away from nuclear and fossil fuels and over to renewables. What he finds is a bleak picture. Years ago Germany ambitiously embarked on transforming its energy supply system, and hopes to supply at least 80% of its energy needs through renewable energies by 2050, and thus become a moral leader on environmental responsibility for the rest of the world.

To do this, the former Socialist-Green coalition government, led by Gerhard Schröder, enacted the so-called Renewable
Energy Feed-In Act (EEG) in 2000. This Feed-In Act requires electric utilities to buy all renewable energies, such as solar and wind power, from all producers at fixed, exorbitant rates and to feed it into the power grid for a period of 20 years. This has led to a boon as thousands of homeowners, businesses, and investors have installed thousands of megawatts of solar and wind power capacity over the years. The current Conservative-Liberal government, not to be outdone by its predecessor, is also gleefully pushing the Feed-In Act to the limit.

Weather-dependent supply wreaking havoc on the power grid

The problem is that these energy sources are weather-dependent and thus their sporadic supply is starting to wreak havoc on Germany’s power grid and is even now threatening to destabilize power grids all across Europe. The other problem: the power grid needed to distribute the decentrally produced green power is simply not there yet. They forgot to build it! So far, after tens of billions of euros spent on renewable energy systems and higher prices for consumers, not a single coal or gas-fired power plant has been taken offline. To the contrary, old inefficient German plants have been brought back into service in an effort to stabilize the grid.

In a panic reaction, Germany shut down 8 nuclear power plants

To make matters worse, in a fit of panic and hysteria, the German government shut down 8 of its older 18 nuclear reactors in the wake of the Fukushima disaster, thus removing a very cheap and stable supply of power and further pushing the grid to the limits. Before the shutdown of the nuclear reactors, Germany had been a net power exporter; today it is a net power importer and is at times severely straining neighbouring power grids. To compensate for the missing nuclear power, the government is now heavily promoting even more weather-dependent wind power, which is further destabilizing the German and European power grids. A solution to the problem of storing electricity is still at least a generation away.

The question of course is how could such absurd decisions have been made to begin with? Were there no experts involved in the planning of the new power generation infrastructure? The answer obviously is no. Power executives are viewed as evil, dirty and greedy polluters, and thus were never really consulted. They could not be counted on to give the politically correct solutions. Therefore the decision to shut down the German nuclear power plants and to massively support renewables was done unilaterally by the government, without consulting the power executives or even neighbouring countries.

 

DOWNLOAD DR. KEIL’S FULL 28-PAGE REPORT IN ENGLISH

 

 

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How the Illegal Immigration Scam Really Works

Wondering why we have had 15,000 plus illegal immigrants since the 2007?

It’s because it’s a well organised scam and we’re too stupid to realise we’re being conned.

You see the people smugglers have this awesome product for sale – Australian residency – and to get it all you have to do is hand over your cash, and follow a few basic instructions.

For a passage to Australia, another popular destination, the smuggler offered an all-expenses-included trip for $11,500. Like others in his trade he recommended Australia, promising it was a soft touch on granting asylum.

“Australia gives citizenship if you have a good story,” he said. “I am 100% sure that after spending six months in a [processing centre] in Australia you will get citizenship if you do not lose your temper and have warning documents from the Taliban saying you can’t live in Kabul.”

He also trains his clients to stick to their story: “They will know you are lying, but as long as you say the same thing whatever they ask you, you will be fine.”

And when they do get intercepted by Australian officials, they discard their passports.

Of the 3237 asylum-seekers who admitted to flying to Indonesia on a passport, 3200 (98.8%) did not have any travel documents when they arrived in Australia.

People-smugglers routinely advise their clients to discard their identity documents before arriving in Australia.

The refugee status assessment process operates primarily on a risk model, meaning there can be significant advantages to inventing false identities and claims of persecution.

So long as they can stick to their fictional story, happy days – one free Australian Residency and you know what, they can now bring over other members of their family under the family reunion provision.

Meanwhile the real genuine refugee gets either bumped further back in the queue or worse gets dropped completely.

Under Labor, we are such suckers.

 

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No Need to Panic about Global Warming says 16 Prominent Scientists

A must read opinion piece published in the Wall Street Journal which was signed by 16 prominent scientists who state: There is no compelling scientific argument for drastic action to "decarbonize" the world's economy.

 

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Putting the Scum in “Scumbag” – Tent Embassy Scumbags Burn and Spit on the Australian Flag

Indigenous scumbag activists have burned the Australian flag outside Parliament House in Canberra in an angry response to widespread condemnation of yesterday’s riot by Aboriginal tent embassy activists.

I don’t care who you are - burning the Australian Flag is a low dog act and anyone who does it and anyone who cheers on someone who burns the Australian Flag is a scumbag.

Update:

The only thing I find worse than the burning of Australian Flag is when some scumbag spits on it. It’s even worse when it’s a kid - See 0.38/0.45 of the video below.

 

But if you are a “Carbon Tax” protester with a banner, the AFP hit you like a tonne of bricks…burn our beloved flag…well it might be your democratic right under “freedom of speech”  to be so repugnant so I’ll use my democratic right and reiterate that anyone who burns and cheers on the burning of our Flag is a scumbag. Anyone who spits on it is a low life motherfucker.

 

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Prime Minister's office encouraged protesters to target Tony Abbott over tent embassy

THE Prime Minister is yet to respond today to a report that one of her staffers rang an Aboriginal tent embassy protester yesterday to say Tony Abbott wanted the camp torn down.

An announcement by protester and Greens's candidate Barbara Shaw that Mr Abbott wanted the tent embassy removed sparked a near riot, forcing Ms Gillard and the Opposition leader to flee a Canberra restaurant.

Sydney radio presenter Ray Hadley today said he'd received information that Ms Shaw or another protester had received a call from a Gillard staffer about comments Mr Abbott made earlier in the day about the tent embassy.

"Once she was told that, she was also told Mr Abbott was across the road, 'maybe you can give them a bit of a liven up'," the 2GB presenter told his audience today.

"Barbara Shaw then went on stage and for all intents and purposes, incited people."

The Australian Online has contacted Ms Gillard's office over the allegation but is yet to receive an official response.

Mr Abbott earlier declared he'd been "verballed" by protesters, saying he had not said the tent embassy should be removed.

 

If this turns out to be true, someone in the PM’s office will be looking for a new job.

What You Can't Hear Can Hurt You - The Ill Health Effects of Wind Turbines

An excellent article by the Australian’s Environment Editor, Graham Lloyd, reports about new research confirming the ill health effects of wind turbines.

More reasons why Wind Turbines are an epic fail can be found here.

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Back to the Future

THE navy has turned back four boats to Indonesia. They were in sea-worthy shape and arrived in Indonesia. It has made a very big difference to people-smuggling that that happened. It has disrupted people-smuggling operations tremendously, that people who have paid actually ended up back there. We think that it is important - important from a humanitarian perspective and important from a security perspective - that we do everything we can to disrupt people-smuggling. And we think turning boats around that are seaworthy, that can make the return journey, and are in international waters, fits in with that. - Julia Gillard December 3, 2002

Desperate Julia Gillard has accused Tony Abbott of being prepared to risk the lives of naval personnel in his determination to turn back asylum boats.

But Tony Abbott has stuck by his insistence that Indonesian-flagged vessels had no business in Australia and should be returned to home ports through the intervention of the Royal Australian Navy.

Yet Julia Gillard is prepared to risk the lives of Customs personnel to rescue those three anti-whaling ecotards - Geoffrey Tuxworth, Simon Peterffy and Glen Pendlebury. Her little rescue also cost the taxpayer $1 million dollars.

In a separate interview, Immigration Minister Chris Bowen said Tony Abbott's position could damage Australia's relations with Indonesia.

Bowen is kidding himself. If anyone has damaged relations with Indonesia it would be the Labor party after completely screwing up the handling of animal cruelty issues in Indonesian abattoirs last year.

Because of the Labor Party’s incompetence, Indonesia in will now import 50 per cent less Australian live cattle resulting in a $320 million a year hit to the Australian economy.

You’re Not the Droid I’m Looking For: The Bark Side

 

This year’s Super Bowl commercial from Volkswagen.

Based on the Empire Strikes Back Imperial March score.

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Where’s the outrage over the Taliban who pisses on international law and basic human rights every single day?

A video showing fifteen Pakistani soldiers being lined up and shot dead by a Taliban firing squad has been released by the Taliban.

The paramilitary troops were abducted on December 23 in what the terror group described as an operation to avenge the deaths of insurgents in Pakistan.

The Daily Mail has graphic photos of the executions.

War is hell and a lot of fuss was made out of the video of the US Marines urinating on Taliban corpses. By all means we should be outraged over the Marines pissing on the dead. That's vile stuff. But where's the outrage over the Taliban who pisses on international law and basic human rights every single day?

 

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