So, what about politics? There’s nothing useful for this Englishman to say about the US Presidential election. Less than useful is I thought British politics was bad until I took an interest in the political goings on in the world’s most powerful nation.
Right now, politics in the United States of America seems just a bit… extreme.
Here’s a song for whoever wins.
Please Listen Responsibly.
Whoever does get into the White House, I hope my American friends will continue to survive and thrive in Freedonia.
Most of the news media has confidently predicted that Hillary Clinton will be the next President of the United States.
Most of the news media confidently predicted that the United Kingdom would vote to remain in the European Union in our referendum of 23rd of June 2016.
In the event England decisively voted to leave the European Union, and a new word entered the language; Brexit.
Leave aside the political rights and wrongs, and instead look at the effect that politics has on the Pound or Dollar in your pocket.
The immediate impact of Brexit has been twofold.
- The value of the pound fell dramatically on the foreign exchange markets, (FOREX). There was no good reason for this other than the Political Establishment creating alarm and despondency in Project Fear, in an effort to persuade voters to opt to remain in the hated European Union.
- The price to the consumer of all kinds of goods and services has been increased by mostly unscrupulous suppliers and retailers off the back of Brexit and the fall in the value of the pound. Some of these price increases are fairly justifiable, for example the UK price of petrol, (gasoline), has soared. But then oil is priced and traded in US Dollars. Some price increases blamed on Brexit are just fatuous, for example Walkers Crisps, (chips), have increased their prices by 10% and blamed it on Brexit. Walkers crisps are made in Britain from British potatoes.
There is one lesson to be learned from this. Markets, manufacturers, retailers, service companies, and politicians will use any change in the world order to justify price rises / tax increases / rapid falls in the financial markets. What they are saying to the man in the street is; ‘don’t blame us, it’s all your own fault for voting for the wrong result’.
What you didn’t know is that the major players in any market; banks, brokers, governments, insurance companies, speculators and the like, can all make money in a falling market, (aka a bear market). Principally they do this by ‘selling short‘, that is they sell stocks, commodities, foreign exchange that they don’t actually own for delivery at a future date. Then, when the market concerned falls, they buy the stocks, shares, commodities, foreign exchange they need to complete the contract ~ but here’s the thing, they buy at a lower price because the market has fallen.
Now, you or I can potentially make money in a falling market by selling short through our broker, but this is a very bad idea, because what you are doing is creating a risk where none exists, and that’s just gambling. Entering into this kind of deal is a very fast way to go broke.
However, it benefits the major players in any market to create uncertainty, because where there is uncertainty and chaos there is profit for them. And, where does this profit come from? Actually it comes from you and I, the average man in the street. Because of political uncertainties the cost of just about everything I buy, including my overseas road trips, has gone up. The value of almost everything I own has fallen, including stocks, bonds, and hard cash.
Should Donald Trump be elected President it is likely that chaos will hit the US financial markets. You can even take a bet on what will happen to Wall Street after the election. I can firmly predict that if Clinton loses the value of the US Dollar will fall, as will the Dow Jones Industrial Average. And why is that? Because it suits the speculators to make it so.
As it happens, nobody yet knows what will happen to the UK economy now that we are committed to leaving the European Union. Nobody yet knows what kind of President Mr Trump will make, nor what kind of handle on the US Economy Mrs Clinton has either. Most of the short-term economic impact of politics is down to speculation and not fact.
Personally, I disagree with just about everyone in that I believe Trump will make a better president than Clinton, (as far as the US Economy is concerned), and that Brexit is better for the UK Economy than staying in the European Union and Single Market could ever have been.
But then, I’ve never been one to have fashionable views.
these opinions are mine, and mine alone
Burning coal is the most efficient and cost-effective way to produce large amounts of electricity. Unless you happen to live in an underpopulated country that is also blessed with many large lakes, mountains, and rivers, or Iceland.
However, apart from in the industrial powerhouse countries like China, Germany, and India, the idea of burning coal is an anathema to politicians, left-leaning media, and the metropolitan elite. They all
believe profess to believe that burning coal causes global warming, and unless every country in the world stops burning coal we are all going to die / drown / choke / starve.
We’re going to put a lot of coal miners and coal companies out of business. ~ Hillary Clinton
In that one sentence Hillary Clinton conclusively demonstrated that she is unfit to hold the office of President of the United States. Either she in scientifically uneducated, or a liar, or both. She shows that she cares far more for the few fashionable metropolitan elite than for the vast majority of real Americans. She demonstrates that she has no grasp of day-to-day economics, hard science, or industrial strategy.
Hillary Clinton doesn’t like coal or coal miners. Next to coal, the most cost effective way for Britain and America to generate large amounts of electricity is to burn natural gas obtained by fracking.
By the time we get through all of my conditions I do not think there will be many places in America where fracking will continue to take place. ~ Hillary Clinton
The really sad thing is that the other candidate for president is probably even worse than the harsh voiced harridan, albeit in different ways.
Where do the proponents of catastrophic anthropogenic climate change think the carbon in that coal came from in the first place? Outer space? (Well actually, it did, but that’s another matter.) It came from the carbon dioxide in the Earth’s atmosphere. Plants turn carbon dioxide into more plants, then over millennia that turns into coal.
It’s an inconvenient truth that predictions of doom by the man-made global warming alarmists, like Hillary Clinton, just have not come true.
If anyone bothered to learn some real hard science they would know that the only way mankind can possibly change the Earth’s climate is through all-out and total nuclear war. There is no empirical or hard scientific evidence that burning coal, oil, or gas can ever change the Earth’s climate. There is plenty of empirical and hard scientific evidence that burning fossil fuels in cities causes stinking smog ~ just look at London before the Clean Air Act, and Los Angeles, and any number of cities in China today.
Climate change is a normal, natural, and perpetual process which occurs, and has always occured, with sublime indifference to man’s puny input. ~ James Delingpole
Smog is not climate change. And, the ultimate cause of smog today is cars, buses and trucks. If some of the bone-idle, lazy, and indolent people would get out of their cars once in a while and actually walk places for a change, then there wouldn’t be anything like as much smog either.
Do yourself a favour and stop looking stupid by banging on about non-existent anthropogenic climate change. Learn some hard science, or just take a walk instead.
(By the way, the stuff coming from those ‘chimneys’ in the pictures is steam, not smoke.)
these opinions are mine and mine alone