WhatFinger

Cyclical climate influences have turned to cooling, the Fed has not prevented the 19th recession and the Wuhan Flu will end. However, Democrats have finally come up with a campaign theme – riots and insurrection. Which could be peaking too

Authoritarian Control Knobs Are Failing



Authoritarian Control Knobs Are FailingThe imposition of authoritarian politics upon supposedly the freest country in the world has now become unprecedentedly intense. The stories used to force control have also been extraordinary. Each ploy is approaching madness, and each can be seen as vulnerable under practical adjudication.  The oldest promotion has been that the Federal Reserve System is needed to prevent recessions. For some 30 years the climate pitch has been that freedom needs to be replaced by a one-world-government under the United Nations. The Earth needs to be prevented from "Frying". The latest fear used to extend control has been another influenza. And riots are approaching insurrection.  Previous authoritarian experiments were imposed until money and credibility were gone. As the economy collapses it arouses a common-sense reform. Bringing down the Berlin Wall in 1989 and eventually Communism is the most recent example. 

The knob that prevents recessions is not working, nor is the one that controls the climate

The knob that prevents recessions is not working, nor is the one that controls the climate.  One would think that the rapid two-month decline on the satellite temperature chart would have prompted headlines in the Main Stream Media. But no, good news has been ignored. Actually, in this period of hysterical politics, fear is the persuader and rational relief provided by physics or from the actual temperature chart is shunned.  Rejection of good news is remindful of Millerism in the 1840s when a charismatic preacher became convinced that the world would end. William Miller spent years studying the Prophecies of Daniel and methodically calculated that the world would end on October 22, 1844. Opportunistic newspaper and pamphlet publishers got on board the mania, which prevailed in the States east from Ohio, in Canada as well as in England and Australia.   The following shows Miller's thorough calculations supporting his revelation. Yesterday's hockey stick? Miller's thorough calculations

One daren’t describe today’s hand-wringing leaders as neurotic, but their “models” certainly are

As the sun went down on that fateful Tuesday, the day ended like any other and folks were bewildered. Indeed, eventually without catastrophe it was called the "Great Disappointment".  Of course, one daren't describe today's hand-wringing leaders as neurotic, but their "models" certainly are. For 30 years the hypothetical link between CO2 and the dreaded warming has not worked but the underlying premise never changes. People and their CO2 emissions are bad. To keep the promotion going, the temperature record has been altered to fit the theory – definitely neurotic modelling.  Moreover, the supposed link between CO2 and global warming has never worked. The Vostok ice core from Antarctica covers some 400,000 years. And warming trends have preceded increases in carbon dioxide. In so many words, heat causes CO2. Which makes sense if you are familiar with the gas laws (Boyle, Charles and Guy-Lussac) and accept that the oceans cover 71 percent of the Earth's surface.   Warm equatorial waters outgas CO2 as cold northern waters absorb it. Overall, CO2 still comes from hot rocks and oceans still turn it into cold rocks.  So why is society being besieged by theories that are unproven and becoming more unacceptable every season? 

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It took Venezuelan socialists less than twenty years to trash their prosperous economy

Researchers need grant money and unscrupulous governments will use any theory that enhances revenue and power.   Another "control knob" has been the Federal Reserve System, which original promise was that it would prevent recessions. There have been 18 recessions since it was formed in 1913.  There have been many busts since the advent of modern financial markets in London in the late 1600s, but there is no example of a deliberate economic shutdown. The only collapse due to contagious disease was the Black Death devastating London in 1665, killing some 20 percent of the population. As diarist, Samuel Pepys noted the streets were empty. The economy shutdown, voluntarily.  It took Venezuelan socialists less than twenty years to trash their prosperous economy. Today's global and hysterical shutdown has been unique and not needed to prevent the passage of yet another influenza. Granted it could be more threatening than the Hong Kong Flu of 1968, but infectious diseases have a long history of coming and going. No previous example prompted the sacrifice of prosperity to ambitious control freaks.  For the Left, warming is due to SUVs and airliners. Bad weather and poor harvests, famine and death during the Little Ice Age were caused by witches.  Over the last few years there have been headlines about cool weather at both ends of our planet. Last week, Brisbane reported the coldest May in 98 years. Then, in Siberia it's "Late Frosts Threaten Crops" and in South Africa it's "14 All Time Monthly Low Temperature Records", accompanied by "Widespread Snow".

This is showing up in the satellite temperature, which is recording the second fastest 2-month drop since 1979. satellite temperature  Snow cover in the Northern Hemisphere is interesting. Note that the greater the cover, the greater the reflection of heat. And in geological time, this is one of the forces on the transitions from interglacials to ice ages. Two out of the last three melt seasons have had above average snow cover.   What will this melt season bring? snow tracker And as this researcher has been noting, over the past year the lingering El Nino was providing warmth, as increasing volcanic activity has been forcing cooling. Recently, Shiveluch and Krakatoa strongly erupted, sending ash and aerosols as high as 14 km. High enough for a little Earthly cooling.  Increasing volcanic activity goes with the declining solar cycle, as does the increase in cloud cover. In the 1990s, solar physicists, Penn and Livingston, concluded that the long trend of increasing solar activity would end, transitioning to decreasing solar activity. And cooling.  Solar Cycle 23 was the weakest in over a hundred years and SC 24 is even weaker.  Sun Spots and Solar Cycles 

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And this chart shows that SC 24 is staying weak a little longer than SC 23: Solar cycle 23 and Solar cycle 24  An unusually warm El Nino peaked in 2016, and as the following chart shows it has recently turned to weakening. Now ranked as "Neutral", staying below the base line would indicate that the next La Nina has begun, forcing some cooling.  Weakening El Nino Cyclical climate influences have turned to cooling, the Fed has not prevented the 19th recession and the Wuhan Flu will end. However, Democrats have finally come up with a campaign theme – riots and insurrection. Which could be peaking too soon.

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Bob Hoye——

Bob Hoye (BobHoye.com) has been researching investments for decades, which eventually included the history of financial and political markets. He considers now to be the most fascinating time for both since the Great Reformation of the 1600s.  Bob casts a caustic eye on all promotions and, having a degree in geophysics, is severely critical of the audacity that a committee can “manage” not just the economy, but also the temperature of the nearest planet. He has had articles published in major financial journals and, as a speaker, has amused assemblies in a number of cities, from London to Zurich to Tokyo.


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