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Sunday, October 17, 2021
Economic trouble to worsen for ALL Americans (and Europeans)

By Joseph D’Aleo, CCM

Energy prices are rising rapidly as the administration is pushing a green agenda with a ban on pipelines and drilling. Energy prices have doubled the last year.


This has caused inflation to explode. Energy is the lifeblood for the economy. You can’t move to renewables by just blocking fossil fuel to appease the climate activists. The effects as we have seen in Europe and Australia, is soaring energy prices which increases the cost of manufacturing and transportation and the costs of all goods and services.


White House chief of staff Ron Klain endorsed former Obama administration economist Jason Furman’s claim that the country’s inflation, supply chain, and other economic problems only affect a small part of the U.S. population. Furman, the chairman of former President Barack Obama’s Council of Economic Advisers and an economics professor at Harvard University, tweeted Wednesday night that “most of the economic problems we’re facing .... are high class problems.”

But after we had achieved energy independence and low energy prices, going down the path that the early adopters of the extreme green agenda followed, would lead to lower income families and retirees spending over 40% of their income on energy.



They are seriously suffering now as energy prices have doubled and the costs of all goods and services are skyrocketing. And the worst is yet to come if the congress succeeds with a program the start of decarbonization efforts. It is so misguided and so 2021. Energy Secretary Jennifer Granholm laughed at a question about boosting America’s domestic oil production, calling it “hilarious.” Bloomberg host Tom Keene noted America’s rising gas prices and asked the energy secretary, “What is the Granholm plan to increase oil production in America?” Granholm immediately began laughing.  “That is hilarious,” she said. “Would that I had the magic wand on this. Secretary Granholm appeared in 2018 video singing about end of gasoline, fossil fuels. But it is not a laughing matter,

CBN News reported October 21, “Experts are forecasting that the cost for heating oil could rise more than 40%, natural gas could shoot up 30%, propane, 54% and electricity, 6%. If it’s a bad winter, prices could go even higher, with propane costs doubling.”

And our forecasts for December and the winter for the U.S. and Eurasia is for bitter cold periods, which means blackouts and brownouts and like Texas found last February, would lead to many deaths and pain.


Cornwall Alliance Board Member Dr. David Black, Director of 2nd Vote Advisers, an investment firm, and Founder of, which rates corporations on the morality of their charitable giving, said in response to the news:

The attack on fossil fuels will lead to increased costs for all consumer items, since products must be transported to brick-and-mortar stores or delivered via FedEx, Amazon, et al., and because petroleum extracts are used as an ingredient in so many commercial products. Sadly, the lowest on the economic ladder will be harmed the most.

Historically high home heating costs have resulted in the poor trying to use kerosene space heaters, home gas ovens, or other devices to heat their homes, often with the tragedy of house fires or carbon monoxide related deaths.

And all for naught. CO2 is a beneficial gas - the gas of life - ask your plants.


Any apparent correlation with the rising phase of the 60 year cycle is coincidental. Many such false correlations can be found in real life.


Chamber of Commerce Global Energy Institute Energy Accountability Report. “...elected official have pledged to ban the very technology that has enabled this boom-hydraulic fracturing (HF), or fracking. This raises an important question: what would happen to American jobs and the economy if hydraulic fracturing was banned? In this report, the Global Energy Institute has undertaken the modeling and analysis to answer that question. Our analysis shows that if such a ban were imposed in 2021, by 2025 it would eliminate 19 million jobs and reduce U.S. Gross Domestic Product (GDP) by $7.1 trillion. Job losses in major energy producing states would be immediate and severe; in Texas alone, more than three million jobs would be lost. Tax revenue at the local, state, and federal levels would decline by nearly a combined $1.9 trillion, as the ban cuts off a critical source of funding for schools, first responders, infrastructure, and other critical public services.

Energy prices would also skyrocket under a fracking ban. Natural gas prices would leap by 324 percent, causing household energy bills to more than quadruple. By 2025, motorists would pay twice as much at the pump for gasoline as oil prices spike to $130 per barrel. The report also details the impacts that a ban would have on seven states, including five that are major energy producers - Colorado, New Mexico, Ohio, Pennsylvania, and Texas. Not surprisingly, the results would devastate each of those energy states’ economies. But a fracking ban’s impacts would be felt well beyond energy producing regions, so the report also examines the impacts of a ban on the economies of Michigan and Wisconsin, which are large manufacturing states. There, too, the results are significant. For example, cost-of-living impacts to residential consumers in Wisconsin and Michigan would grow by approximately $4,700 and $5,100 respectively between 2021 and 2025.

Should the radical green agenda be approved, these numbers would more than likely double. Now if you factor in the risk if extreme cold outbreaks in the North America and Europe, which means blackouts and brownouts and as was previewed in Texas last February when sub zero cold and heavy snow invaded and the wind turbines froze in place throwing millions into the dark. 210 died. Deaths on the U.S. could be in the thousands this winter when energy sources are being blocked.


How did we get to the point when our government get to the point where energy independence and record low unemployment in a booming economy is rejected. This was predicted over half a century ago and repeated over the years - it is all about power (political not electrical) and control.

In his Farewell address to the nation Dwight Eisenhower in the speech remembered for comments on the military industrial complex also had a lot to say about politically driven science: “Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity. For every old blackboard there are now hundreds of new electronic computers.  The prospect of domination of the nation’s scholars by federal employment, project allocations, and the power of money is ever present - and is gravely to be regarded. Yet in holding scientific research and discovery in respect, as we should, we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific-technological elite.”

Maurice Strong , UN Executive Director in 1970s saw CO2 as a tool to Proselytize for One World Government. “...Isn’t the only hope for the planet that the industrial civilization collapse...isn’t it our job to bring that about”

“In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming...would fit the bill...It does not matter if this common enemy is “a real one invented for the purpose.” Club of Rome advisor to the UN “First Global Revolution” 1991

“We have got to ride the global warming issue. Even if the theory of global warming is wrong, we will be doing the right thing in terms of economic policy and environmental policy.” Timothy Wirth, U.S. Senator, president of the United Nation’s Foundation

Dixie Lee Ray, Washington State Governor wrote: “The objective, clearly enunciated by the leaders of UN, is to bring about a change in the present system of independent nations. The future is to be World Government with central planning by the United Nations. Fear of environmental crises- whether real or not - is expected to lead to - compliance.”

“No matter if the science of global warming is all phony ... climate change provides the greatest opportunity to bring about justice and equality in the world.” - Christine Stewart, former Canadian Minister of the Environment

UN Climate Chief Christine Figueres said “Our aim is not to save the world from ecological calamity but to change the global economic system (destroy capitalism).”

UN IPCC Lead Author Ottmar Edenhofer in November 2010. “One has to free oneself from the illusion that international climate policy is environmental policy.” Instead, climate change policy is about how “we redistribute de facto the world’s wealth.”

Rep. Alexandria Ocasio Cortez’s chief of staff recently admitted that the Green New Deal was not conceived as an effort to deal with climate change but instead a “how-do-you-change-the-entire economy thing”...nothing more than a thinly veiled socialist takeover of the U.S. economy. “ “The interesting thing about the Green New Deal is it wasn’t originally a climate thing at al,” Saikat Chakrabarti said in May.

“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary” and “The urge to save humanity is almost always a false front for the urge to rule.” H.L. Mencken

Please help us spread the word. The markets love the idea of government money but history has shown this path has always led to misery and poverty except for the elitists and an economic freefall. Europe and Asia are fearing a cold winter with given the state of the energy systems - renewable energy has proven unreliable for base load with blackouts and brownouts. Remember 210 deaths in Texas occurred with the subzero cold and snow last February. Devastating freezes - worst in decades occurred in Brazil this past winter.


Climate NEXUS fact checks the 2000 National Climate Assessment

And see the miserable model failures that are being used to impoverish hard working Americans to keep the warmists money coming in and the politicians in control.

Posted on 10/17 at 01:14 PM
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