30-Oct-12 World View - Banksters seek to save carbon trading

[John]

30-Oct-12 World View -- Banksters desperately seek to save Europe's carbon trading system

Poor health and draft-dodging plague Russia's army



** 30-Oct-12 World View -- Banksters desperately seek to save Europe's carbon trading system
** http://www.generationaldynamics.com/cgi ... 30#e121030


Contents:
Banksters desperately seek to save Europe's carbon trading system
Libor-rigging banks face rash of lawsuits
Japan's economy may be in an inescapable decline
Poor health and draft-dodging plague Russia's army


Keys:
Generational Dynamics, Emissions Trading System, ETS,
climate change, Europe, Louis Redshaw, Al Gore,
James Cameron, Barclays, Libor,
Guardian Care Homes, Japan, China, Russia

[OLD1953]

An enormous number of ARM mortgages are tied to LIBOR, which would seem to open the door to a HUGE class action suit. If they had to pay every mortgage holder 10K, which would be far less than the extra interest expense on the average loan, they'd go bankrupt in a heartbeat.

Carbon trading was never a good idea, it's essentially tax collection by banks.

Actually, cutting US carbon emissions by 10-20% over ten years is not a hard job nor expensive, just switch over the road diesels to LNG and burn natural gas in all plants currently fired by coal - a very very cheap easy and simple conversion. Natural gas is CH4, and a good deal of the power production comes from burning the H into H2O, reduction in each power plant would be on the close order of 50% of carbon emissions for the same amount of power - and you can't estimate that more closely without an exact analysis of the coal at each plant, coal is NOT just simple carbon. This would also allow for turning off the fly ash catchers and the chemical treatment of smoke required by the Clean Air Act, and get rid of the problem of fly ash storage. Requiring all new power plants to be nuclear would ensure a continued decline. Of course, since such a plan would work and actually reduce pollution, it would be opposed by liberals, conservatives and especially environmental leaders, all of whom would lose out if a problem was actually fixed. Fixing problems is anathema to the current "leaders" since they'd be out of their cushy jobs flying around to conferences and jawboning about how terrible things are going to be. If these guys had been running things instead of Churchill, we'd still be fighting WWII. Remember that Churchill lost his job as soon as the war was over.

Russia has a morale problem that has been terrible and ongoing for at least 40 years. I don't have any idea of what could possibly be done to help that problem.

[Reality Check]

An enormous number of ARM mortgages are tied to LIBOR, which would seem to open the door to a HUGE class action suit. If they had to pay every mortgage holder 10K, which would be far less than the extra interest expense on the average loan, they'd go bankrupt in a heartbeat.

The housing market has already had one such scandal that was quickly swept under the rug, by Obama and other Generation X politicians.

Banks knowingly went out and hired contractors to commit material felony perjury and felony fraud for the purpose of knowingly using fraud to deceive the courts into allowing foreclosures on, and eviction of, home owners.

Low paid contract workers signed affidavits using other peoples names, swearing they were the individual whose name they signed, who they were not, swearing they were an officer of the bank, which they were not, swearing they had reviewed mortgages to determine if they were truly in default, swearing they had determined that the bank had taken all required legal steps to make the mortgage eligible for foreclosure, and swearing they had the required expertise to make such determinations, and they lied under oath on all those statements.

The banks then submitted these perjured documents to courts for the purpose of deceiving the courts into believing the foreclosures were legal under state and federal law.

The result was that the U.S. Justice Department, under Obama, organized a meeting of all state attorney's general where amnesty was granted to all banks and all state civil and criminal actions against the banks were terminated or suspended and the banks were allowed to go back to foreclosing on people with a promise of following the law in the future and "correcting the paper work" on existing foreclosures, and paying a very, very small fine to the states.

This previous "banking mistake" that was already swept under the rug, was undisputed perjury and undisputed fraud, on the part of the banks, this new one is much harder to prove and involves judgement.

Obama has taken more campaign contributions from Banks, and Bankers, than any other politician in history. Do you really think Generation X Obama and Generation X Holder are going to hold any Bank accountable, or allow banks to be held accountable, for anything regarding LIBOR calculations ???

[Reality Check]

20-60% of Russia's teenagers, male and female, are unfit for military duty because of reproductive illnesses, stemming from harmful habits, abortions, serious illnesses, and communicable diseases.

On October 5, Olga Kovtun, a member of the Russian Union of Pediatricians, told a medical conference in Moscow that more than half of Russia’s teenagers are unfit for military service. “Sixty percent of teenagers are not subject to military service for medical reasons,” Kovtun said adding that 46 percent of all teenage boys and 60 percent of all teenage girls have reproductive illnesses. The Union of Pediatricians also expressed concern about the death rate among teenagers, which in some parts of the country exceeds the infant mortality rate. (Interfax, October 5).
For instance, the 2012 spring draft in Sverdlovsk oblast revealed that 23 percent of draftees had psycho-neurological disorders. Around 20 percent suffered from illnesses in the bone-muscular system

107031, Moscow, Kuznetskiy most 19, b.1.Today, according to the Ministry of Health’s head child and adolescent gynecology specialist Elena Uvarova, approximately 20% of adolescent girls have disorders that may lead to serious reproductive problems later in life. This may, in turn, decrease the reproductive potential of a generation of Russian women.

The 20% of bone-muscular system disqualifications is probably not far off from what the U.S. military recruiting system finds among those who express an interest and then either self-eliminate, due to known physical problems such as one leg short than the other, or improperly healed bone fractures; or fail the military induction physical.

The 23% mental psycho-neurological disorders category probably includes those who avoid conscription by using bribes or political influence in a corrupt conscription system to obtain a subjective determination of mental unsuitable from corrupt conscription officials.

Statistics in the U.S. indicate over 50% of U.S. youth are ineligible for military service due to physical health, mental health, or criminal record disqualification. Russia has the added burden of low paid conscription military service which makes the vast majority of candidates want to avoid being conscripted.

The military has always wanted more physically fit soldiers than the general population; those that are color blind, are asthmatic, have one leg shorter than the other, poor hearing, poor eye sight, can not walk straight, etc. simply do not provide the most bang for the body. The military is about survival of a nation and low maintenance, low downtime, high physical capability, mentally capable, psychologically compliant, smart soldiers give the military one type of edge over their opponents.

Comparisons of the U.S. military to other Military based on cost, often ignore how much more in salary, active duty benefits, and retirement benefits the U.S. pays it's voluntary military as compared to China and Russia. As one of the quoted articles states - conscription armies are much cheaper than volunteer armies. The Russian limitation of just a single year of conscription service, plus corruption in the conscription process, probably has as much to do with the Russian's not meeting their goals for a professional military as much as the health problems with the conscription candidates.

[John]

Here's a response from the fourth turning forum:

> a) Russia, and the USSR before it, has always drafted up to 27
> year of age.

> b) most people don't want to get drafted. For 50 bucks, a doctor
> can write a note explaining that you are 'medically unfit'. At my
> plant, every single one of the perfectly-healthy 18-27-year-old
> guys working for me made at least two visits to the doctor a year
> to spend their fifty bones and get their doctor's note so they
> could stay out of the army. As with all other government
> statistics, the ridiculous 'unfit for duty' one needs to be
> considered in the context of where the information came from, and
> where that entity got it.

[Trevor]

Statistics in the U.S. indicate over 50% of U.S. youth are ineligible for military service due to physical health, mental health, or criminal record disqualification. Russia has the added burden of low paid conscription military service which makes the vast majority of candidates want to avoid being conscripted.

The military has always wanted more physically fit soldiers than the general population; those that are color blind, are asthmatic, have one leg shorter than the other, poor hearing, poor eye sight, can not walk straight, etc. simply do not provide the most bang for the body. The military is about survival of a nation and low maintenance, low downtime, high physical capability, mentally capable, psychologically compliant, smart soldiers give the military one type of edge over their opponents.

Comparisons of the U.S. military to other Military based on cost, often ignore how much more in salary, active duty benefits, and retirement benefits the U.S. pays it's voluntary military as compared to China and Russia. As one of the quoted articles states - conscription armies are much cheaper than volunteer armies. The Russian limitation of just a single year of conscription service, plus corruption in the conscription process, probably has as much to do with the Russian's not meeting their goals for a professional military as much as the health problems with the conscription candidates.

We spend around 150 billion dollars just on direct salaries for our troops. That's not even getting into all the benefits they receive. So comparisons between other countries have to be done carefully, not just looking at a simple graph and reaching a conclusion by skimming it.

As for around half our people being ineligible... I imagine that's going to change when the war begins. If you've got a pulse, they'll take you.