Mr. Grumpy Pants

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Cody Bear

In a world filled with tragedy and sacrifice, with Islamic terror attacks in San Bernardino, Orlando, Istanbul, Bangladesh and now Nice, I am angry. Like many of you, I feel helpless. I try not to be judgmental. I’m trying to be more retrospective.

I hear every day, of the misery of innocents in Syria, Iraq and beyond, the suffering of so many, by religious persecution and genocide. How do I, should I, shut out the pain and suffering of others, so I might carry on with daily life?

Granted, I am a bit of a news junkie, in particular since 9/11. That day I was informed of the attack, I thought it was a joke. Now I stay informed.

Many who are close to me would advise me to be more laid back, less grumpy, let the planes fly over my house without mooning the passengers. I’m going to try to be more laid back. I may even consider cancelling the order for a 12 ft. sign telling a certain airline to “Get the f*** off my plain.”

Unfortunately, I remain a skeptic. For example, I find “Mr. Grumpy Pants” has a reason to remain in character with the decision by Mr. Comey, Director of the FBI to exonerate Hillary Clinton of any purposeful wrong doing in her use of a personal server for email as SOS. He just basically said she and all those associated with her are idiots, but that’s not a crime! Could we be faced with four, even eight more years of Obama!!??

"if you've got a business, you didn't build that"

“if you’ve got a business, you didn’t build that”

Have I grown increasing cynical? Probably. Do I feel less empowered? No. I make my own decisions and draw my own conclusions. Simply put, DC is corrupt and the only remedy is term limits.

I wrote Eyes Wide Open  a few years ago. It was a personal soul searching Q&A. I keep going back to it to find better answers, and disturbingly there are few if any, that I have discovered, only more consternation. I ended my missive by citing my best friend and companion over the past 13 years. Cody, my 13 yr. old chocolate lab passed away recently. I miss him terribly.

Cody epitomized everything that I believe should be right in this world. His life, was a respite fom everything that is wrong with this world. Cody gave me his unconditional love. I gave him mine. We need more relationships like ours. Did I mention I picked up his poop?

 

 

 

Tesla is a bonfire of the vanities

From David Stockman, a former congressman, budget director under the Reagan administration, and partner of private-equity firm Blackstone Group. Today, Stockman is an outspoken opponent of the current monetary policy. He argues that Tesla and its sky-high valuation are a product of a money-printing Federal Reserve.

 He wrote an essay for our friends at Casey Research. Excerpts from the essay below…

The Wall Street casino is now festooned with giant deadweight losses waiting to happen. But perhaps none is more egregious than Tesla – a crony capitalist con job that has long been insolvent and has survived only by dint of prodigious taxpayer subsidies and billions of free money from the Fed’s Wall Street casino…So raptured were the day traders and gamblers that in the short span of 33 months between early 2012 and September 2014, they ramped up Tesla’s market cap from $2.5 billion to a peak of $35 billion.

 Stockman notes Tesla’s inability to make a profit…

Since 2007, [Tesla] has booked cumulative sales of just $6.1 billion, and that ain’t much in autoland; it amounts to about one week of sales by Toyota and two weeks by Ford. Its cumulative bottom line has been a net loss of $1.4 billion, and the losses are not shrinking – having totaled nearly $300 million for 2014 alone.More significantly, during its entire seven years as a public filer, Tesla has failed to generate any net operating cash flow (OCF) at all and has, in fact, posted red ink of $500 million on the OCF line. During the same seven-year span ending in Q4 of 2014, its [capital expenditures] amounted to a cumulative $1.8 billion.

So go figure. Combining OCF and cap-ex, you get a balance sheet hemorrhage of nearly $2.4 billion. The real question, therefore, is not why Tesla was worth $35 billion, but why it wasn’t bankrupt long ago?

 Stockman says that Tesla only exists because it got a $500 million bailout from the U.S. government… and it’s taking advantage of low interest rates and the Fed’s money manipulation to raise more and more capital (like the startups Gurley discussed above).

 But can you blame investors for shifting their capital into these types of companies? When governments debase currencies, the people lose faith in their money. They spend recklessly. They gamble. How would you characterize Fidelity investing in Silicon Valley startups anything other than gambling?

The robust Pause resists a robust el Niño Still no global warming at all for 18 years 9 months

Key facts about global temperature

Ø The RSS satellite dataset shows no global warming at all for 225 months from March 1997 to November 2015 – more than half the 443-month RSS record.

Ø There has been no warming even though one-third of all anthropogenic forcings since 1750 have occurred since the Pause began in March 1997.

Ø The entire UAH dataset for the 444 months December 1978 to November 2015 shows global warming at an unalarming rate equivalent to just 1.14 Cº per century.

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Ø Since 1950, when a human influence on global temperature first became theoretically possible, the global warming trend has been equivalent to below 1.2 Cº per century.

Ø The global warming trend since 1900 is equivalent to 0.75 Cº per century. This is well within natural variability and may not have much to do with us.

Ø The fastest warming rate lasting 15 years or more since 1950 occurred over the 33 years from 1974 to 2006. It was equivalent to 2.0 Cº per century.

Ø Compare the warming on the Central England temperature dataset in the 40 years 1694-1733, well before the Industrial Revolution, equivalent to 4.33 C°/century.

Ø In 1990, the IPCC’s mid-range prediction of near-term warming was equivalent to 2.8 Cº per century, higher by two-thirds than its current prediction of 1.7 Cº/century.

Ø The warming trend since 1990, when the IPCC wrote its first report, is equivalent to 1 Cº per century. The IPCC had predicted close to thrice as much.

Ø To meet the IPCC’s central prediction of 1 C° warming from 1990-2025, in the next decade a warming of 0.75 C°, equivalent to 7.5 C°/century, would have to occur.

Ø Though the IPCC has cut its near-term warming prediction, it has not cut its high-end business as usual centennial warming prediction of 4.8 Cº warming to 2100.

Ø The IPCC’s predicted 4.8 Cº warming by 2100 is well over twice the greatest rate of warming lasting more than 15 years that has been measured since 1950.

Ø The IPCC’s 4.8 Cº-by-2100 prediction is four times the observed real-world warming trend since we might in theory have begun influencing it in 1950.

Ø The oceans, according to the 3600+ ARGO buoys, are warming at a rate of just 0.02 Cº per decade, equivalent to 0.23 Cº per century, or 1 C° in 430 years.

Ø Recent extreme-weather events cannot be blamed on global warming, because there has not been any global warming to speak of. It is as simple as that.

Watts Up With That?

By Christopher Monckton of Brenchley

The Christmas pantomime here in Paris is well int0 its two-week run. The Druids who had hoped that their gibbering incantations might begin to shorten the Pause during the United Necromancers’ pre-solstice prayer-group have been disappointed. Gaia has not heeded them. She continues to show no sign of the “fever” long promised by the Prophet Gore. The robust Pause continues to resist the gathering el Niño. It remains at last month’s record-setting 18 years 9 months (Fig. 1).

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Figure 1. The least-squares linear-regression trend on the RSS satellite monthly global mean surface temperature anomaly dataset continues to show no global warming for 18 years 9 months since February 1997, though one-third of all anthropogenic forcings have occurred during the period of the Pause.

The modelers ought to be surprised by the persistence of the Pause. NOAA, with rare honesty, said in its 2008 State of…

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Solar Fossil Fueled Fantasies

throwing moneyFollow the money! Obama’s EPA is putting the US economy at risk! How do you screw taxpayers and reward your cronies that got you elected? By handing over billions. Obama administration has a 5 point plan. Secretary of Interior Sally Jewell, an Obama appointee can tell you. She stated, “This (the Desert Sunlight project) is the beginnings of a renewable energy future.” Another future failure costing taxpayers billions.

Here’s the truth. The Desert Sunlight, a CA state project involves 1) $1.5 billion of federal government subsidized loans. It mandates purchases of overpriced power, to benefit three of the world’s largest corporations— GE, NextEra Energy and Sumitomo Corporation. 2) They rent Federal government land at bargain basement prices. 3) The Government provides loan guarantees and 4) offer Federal government tax credits of 30% to buy their solar panels. Still not enough for Desert Sunlight to succeed? 5) California requires utility companies 33 percent of their energy come from renewable sources

Watts Up With That?

Guest Post by Willis Eschenbach.

Sometimes when I’m reading about renewable technologies, I just break out laughing at the madness that the war on carbon has wrought. Consider the Ivanpah solar tower electric power plant. It covers five square miles in Southern California with mirrors which are all focusing the sun on a central tower. The concentrated sunlight boils water that is used to run a steam turbine to generate electricity.

ivanpah solar power plant

Sounds like at a minimum it would be ecologically neutral … but unfortunately, the Law of Unintended Consequences never sleeps, and the Ivanpah tower has turned out to be a death trap for birds, killing hundreds and hundreds every year:

“After several studies, the conclusion for why birds are drawn to the searing beams of the solar field goes like this: Insects are attracted to the bright light of the reflecting mirrors, much as moths are lured to a…

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Live the American Dream? #WakeUpAmerica

carlin

#WakeUpAmerica

Like many entrepreneurs, I have faced many challenges. They’re called opportunities. I’ve met most, failed many, but I’ve persevered. The American Dream is about opportunity. It’s not a given. You have to face your challenges, because you can live the American Dream.

Many Americans no longer believe in the American Dream. There is a hashtag, #WakeUpAmerica trending on Twitter. I hope it resonates with more Americans. To realize your dreams, you have to wake up to those dreams. You have to live them. You have to have hope, passion, trust in others, work smart, and never give up.

From Forbes, The American Dream? are quotes from many well-respected leaders of the free world. Pick a liberal, a conservative, a libertarian or an independent, and they will say what you want to hear. In large part, Americans are supposed to believe what they say.

Take Nancy Pelosi for instance. She says, “The American Dream is the hope for a better future with equal opportunity for all to participate in the prosperity and success of our great nation.” Sounds good! You would think her basic beliefs are aligned with most Americans. In reality, that’s not the case.

An Obama quote is absent from The American Dream Forbes article. I Googled “Barack Obama on the American Dream.” From a 2012 NPR interview he said, “I think the history of the United States, the reason we became an economic superpower is because, not always perfectly, not always consistently, but better than any other country on Earth, we were able to give opportunity to everybody,” he said. “That’s what the American dream was all about.”  Obama says, “Preserving that dream requires a balancing act between self-interest and community. Success is not an entitlement in his book. But neither is it a reward for individual effort alone.” Obama said it to get reelected but his words fell on the deaf ears of many small business owners, a.k.a., taxpayers.

My support for Obama died when he said:

There are a lot of wealthy, successful Americans who agree with me because they want to give something back. If you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there.  It must be because I worked harder than everybody else. Let me tell you something – there are a whole bunch of hardworking people out there. If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business, you didn’t build that. Somebody else made that happen.

Bullshit! He’s talking about the celebrity elite, not the guy that is building a successful business from nothing. He’s right! They didn’t build America, small businesses built America!

In 2012, we again, elected a president who is so self-absorbed with issues like a bad Iran deal, Islamaphobiaclimate change, Obamacare, and gun control.As for gun control, I believe we are entering a new era of lone wolf terrorist attacks on innocent civilians. Americans will absolutely recoil from any future gun control legislation.

Many American’s disagree with the president on almost every major issue, like Russia’s new conquest, Syria.  This president has gone so far as to put those who have taken all the risks, at risk of losing everything we’ve built, like life, liberty, and the pursuit of happiness. American exceptionalism is driven by individual effort multiplied by millions of Americans and it won’t take a backseat to entitlement. So sorry Mr. President, you didn’t build that, and you can’t take that away, either. #WakeUpAmerica

Obama doesn’t defend innocent students if their name isn’t Mohamed

Liberals have their panties in a bunch over Ahmed’s clock. I agree it was dumb to call the police, but a printed circuit board in a case could be considered a little more ominous than a pop tart. Liberals are falling all over themselves, so eager to be politically correct. Their memories are short. Three Americans just foiled a lone wolf terrorist attack on a French train. Did we already forget the Boston Marathon bombings? There’s good reason to be cautious and aware of your surroundings. I’d rather face the ridicule from the PC police than be facing the next terrorist attack.

Dan from Squirrel Hill's Blog

On the one hand, I think it’s good that Obama defended Ahmed Mohamed (the innocent clock making teen in Irving, Texas who was wrongly arrested) and invited him to the White House.

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Letter To My Patients Regarding My Opt-Out of Medicare, Non-adoption of ICD-10, and Plea to Stand With Me

Government-Big-Pharma-VennPlease read Kris Held, MD.’s heartfelt letter to her patients. I applaud Dr. Kris Held for her ethical stand against big government and big insurance takeover of the healthcare system. At the same time it is sad day in America, when freedom to choose the doctor you have entrusted over the years with your well being is jeopardized. Healthcare is being severely compromised by politics and profit.

Ask yourself how often you are asked to play by the rules in a game where the deck is stacked against you? The deck being, who you can choose to be your healthcare provider, what treatment you can afford, what medication you are allowed to take? Ask yourself whether the tax dollars you have paid into a corrupt system over many years of hard work are being squandered by wasteful government spending, pocketed by special interests, big pharma, lobbyists and corrupt politicians?

You may think your hands are tied. You can’t afford an alternative. You have no choice. In America, you always have a choice. That may mean you have to do with less of what you want to do and more of what you have to do, to preserve America’s future, your children’s future, and your grandchildren’s future.

We need to rid this country of career politicians. Establish term limits. Vote with your wallet against large corporations who have their hands in your pockets. Do business with your neighbors and small businesses who have your best interests at heart. Every election is important, local, county state and federal. Vote. Vote in this next election, vote with your heart.

krisheldmd

Dear Cherished Patient,

I most humbly request you take a few minutes to read my heartfelt letter to you. Whether I have cared for you for the past 20 years or you are new to the practice, I want you to understand that I value our relationship most highly and regard my service to you as your physician and surgeon as a privilege and a blessing. I honor the Hippocratic Oath and will treat you individually to the very best of my ability with dignity and privacy.

In 1965, President Lyndon Johnson signed the Social Security Act Amendments into law creating Medicare and Medicaid with the promise that the federal government would not interfere in any way with the practice of medicine whatsoever including compensation, administration, or operation of any institution, agency, or person per Title XVIII SEC.1801.

Tragically, over the past 50 years, the government’s pledge to not interfere with…

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