Thanks to Fukushima the Germans are Returning to Coal

Posted by PITHOCRATES - February 15th, 2014

Week in Review

Germany was going green.  Between renewables and nuclear power they were really shrinking their carbon footprint.  But then along came Fukushima.  And the melting of the core in a nuclear power plant.  Sending shockwaves throughout the world.  Causing the Germans to shut down their nuclear reactors.  Of course, that created an energy shortage in Germany.  And how did they fill it?  By building more new wind farms?  No (see Germany Is Relocating Entire Towns To Dig Up More Sweet, Sweet Coal by Kelsey Campbell-Dollaghan posted 2/14/2014 on Gizmodo).

Most of us think of Germany as one of the most energy-progressive countries in the world. But in recent years, it’s also increased its dependence on a form of energy that’s anything but clean: coal. And it’s demolishing or relocating entire towns to get at it.

While Germany has some of the largest brown coal deposits on Earth, a valuable chunk of it resides underneath towns that date back to the Middle Ages. Most of these are located in the old East Germany, and in the 1930s and 40s, dozens of them were destroyed to make way for mining. The practice ended when Germany established its clear energy initiatives. But now, dirty brown coal reemerging as a cheaper option than clean energy. And the cities are in the way again.

Sunshine and wind are free.  They may be unreliable but they are free.  But to capture that energy requires an enormous and costly infrastructure.  That could still fail to produce the electric power they need when the wind doesn’t blow.  Leaving them but one option to replace those efficient nuclear power plants.  Efficient coal-fired power plants.  Which is the only option they have.  Because renewables can never provide baseload power.  The power that is always there and can be relied upon.  Like nuclear power plants.  And those big, beautiful coal-fired power plants.  Rain or shine. Night or day.  Wind or calm.  Coal is always there for us.

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Lax Knife-Control Laws in Toronto results in Four Stabbings in One Night

Posted by PITHOCRATES - February 15th, 2014

Week in Review

International law restricts the kind of bullets we can use in war.  In general, they have to have a full metal jacket.  So they don’t flatten out in flight and make big holes in bodies.  Causing great suffering and trauma to anyone wounded.  Which is why today a lot of soldiers can survive from gunshot wounds.  Whereas the lead Minié balls of the American Civil War did horrific damage to tissue and bone.  Shattering bone such that any arm or leg wound typically resulted in an amputation.  And a belly wound meant death.  For it just did so much damage to the internal organs that there was no repairing them.  Much like another horrific belly wound.  From a bayonet.  As it made a long, wide wound.  Often running in one side of a man and out the other.  And doing irreparable damage.

Even today a knife wound can cause more damage than a bullet. Because it makes such a large hole through a body.  Making long and deep cuts in internal organs.  Also, a person has to be close to use a knife.  He can’t stab someone from a distance.  Like you can shoot someone with a gun from a distance.  So anyone willing to stab someone is pretty cold-blooded.  As you see, hear and feel a person’s death.  And anyone that can do that is a very dangerous person.  Especially with our lax knife-control laws (see Two dead, two wounded in separate GTA stabbings by Chris Doucette posted 2/13/2014 on the Toronto Sun).

TORONTO – Two men were killed and two others were wounded in three separate stabbings within hours of each other in the GTA [Greater Toronto Area].

The bloodshed began just after 9 p.m. Wednesday in Rexdale, Toronto Police said, and it kept emergency responders busy for several hours.

Every time there is a shooting in the United States the left calls for stricter gun-control legislation.  As if that would remove all violent crime in the country.  Because if a person can’t get a gun that person can’t shoot anyone with a gun.  And they would never think about picking up a knife to harm someone.  Which would leave the bad guys with nothing to do but to link arms and sing Kumbaya.  Like they do in Canada.  Well, everyone in Canada but those picking up knives to stab people.  Funny how in Canada they don’t blame knives for these crimes.  Or demand more restrictive knife-control legislation in Canada every time someone gets stabbed.  Like some Americans blame guns for gun crimes in the United States.  And try to restrict gun ownership every chance they get.

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Solar Farm dislocates Desert Tortoises – a Threatened Species

Posted by PITHOCRATES - February 15th, 2014

Week in Review

The problem with renewable energy sources is that they take up a lot of real estate.  To save the environment they must take a big footprint in that environment.  And big things cost a lot of money.  Such as solar farms.  Or wind farms.  Even though the ‘fuel’ is free.  Sun.  And wind.  Which is why free solar and wind power is some of the most costly power.  And if that wasn’t bad enough we also have to evict some of the indigenous life from their natural habitat (see Sunflower mirrors power California’s desert farm by Rowan Hooper posted 2/13/2014 on New Scientist).

IT TAKES a couple of seconds to work out what’s going on in this photo. You’re looking at a pair of heliostat mirrors – sunflower-like reflectors that turn to track the sun during the day. These are just two of hundreds of thousands such mirrors arranged in the Mojave Desert in California, all part of the Ivanpah solar power project.

Their job is to concentrate the sun’s rays onto boilers located on three central towers, turning water into steam that drives turbines. The site (below) covers 14 square kilometres and will produce at least 377 megawatts of electricity, not much below the summer output of a typical nuclear power station in the US and enough to power 140,000 homes in California…

The project has been controversial. Native American groups have objected, claiming it will impact burial grounds. The project was also held up while desert tortoises – a threatened species – were relocated away from the Ivanpah site. It highlights the fact that even renewable energy projects can have some adverse environmental impacts.

Hundreds of thousands of mirrors?  That must have cost a pretty penny.  I wonder what happens when the desert winds blow sand onto those mirrors.  Either making them dirty and less reflective.  Or dulling them by the natural sandblasting of the blowing sand that has worn away solid rock in the dessert.  Making them less reflective.  Requiring periodic cleaning of these mirrors.  And their replacement over time.  Thus making a very costly power generation system even more costly.

If we’re not hacking eagles to death with wind turbines we’re kicking another threatened species from its home.  Neither of which happens when we burn coal in a coal-fired power plant.  While there is only a theory that these coal-fired power plants are harming the wildlife on the planet it is a fact that renewable energy is.  So one can only conclude that wildlife like eagles and desert tortoises prefer coal-fired power plants over solar and wind power.  Which isn’t harming them.  As is evidenced by their being around after centuries of burning coal only to suffer harm from solar and wind power.

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Canadian Liberals don’t Like Wal-Mart Either

Posted by PITHOCRATES - February 15th, 2014

Week in Review

People just don’t hate Wal-Mart in the United States.  The Canadians don’t like them either.  Or, at least, some Canadians (see Developer backs away from plan to put Walmart in Kensington Market by BRUCE LAREGINA AND TARA PERKINS posted 2/13/2014 on The Globe and Mail).

Kensington Market appears to have won the war against Walmart.

The latest pitch to the city from RioCan, the real-estate company developing a site near Bathurst and Nassau streets, no longer includes a big-box Walmart and would shrink the project’s retail area…

“We pushed back hard on this,” said Mr. Layton, who has advocated against Walmart for nearly two and a half years. “The pressure put on Walmart and RioCan from our community backed them off from putting it in our area…”

“As a resident of Kensington Market for my entire life, it looks like a wonderful compromise,” she said. “They were potentially a threat for the businesses in not only Kensington, but in Little Italy and Chinatown as well.

Social democracies everywhere decry capitalism.  And businesses.  Because all they care about are profits.  Which they amass by gouging people with high prices.  This is unfair. And cruel.  People deserve low prices.  Enter government to fetter unfettered capitalism.  To make it fair.  And in the case here that means making sure the local businesses can continue to sell at higher prices.

A business making a profit with high prices is a bad thing.  Unless a Wal-Mart threatens to come in and offer a greater variety of goods at lower prices.  Which will benefit the people.  By proving jobs with better benefits than most Mom and Pop shops can provide.  And allowing people’s paychecks to go farther thanks to those low prices.  But they can’t have that in Kensington Market.  Or any big Democrat U.S. city.  Because Wal-Mart does these wonderful things with a nonunion workforce.  And that’s something liberals just can’t have.  Even if it means higher prices for the people.

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We are in the Worst Economic Recovery since that following the Great Depression because of Keynesian Economics

Posted by PITHOCRATES - February 15th, 2014

Week in Review

We are in the worst economic recovery since that following the Great Depression.  Why?  Because of Democrats.  Who are all Keynesians.  And that’s a big problem as all of our worst economic times were given to us by those who adhere dogmatically to Keynesian economics.  That school of economics that gave us the Great Depression.  The stagflation of the Seventies.  The dot-com bubble.  The bursting of the dot-com bubble.  And the dot-com recession.  As well as the subprime mortgage crisis and the Great Recession.  In all of these events the Keynesians in power followed Keynesian economic policies to avoid recessions.  And then to pull us out of recessions when their avoidance didn’t work.  Then doubling down on the things that didn’t work previously.  In particular artificially low interest rates.  Which have been around zero for the last 5 years.  And massive federal spending to stimulate the economy when the private sector wasn’t spending.  Two pillars of Keynesian economics.  Neither of which have done anything to help improve the worst economic recovery since that following the Great Depression.

This is the problem with all the ‘noted’ economists the government likes to cite.  They embrace poor economic principles.  Proven wrong over and over again.  They can come up with some impressive looking charts and graphs but their analysis is all wrong.  And the fact that we’re in the worst economic recovery since that following the Great Depression proves it better than any chart and graph.  They’re wrong.  And continue to be wrong.  Yet they provide the economic policies for our country.  Some of the greatest nonsense you will ever hear.  Things you wouldn’t do in your business.  Or in your personal life (see Student Loans Are A Drag On The Economy And Society by Josh Freedman posted 2/11/2014 on Forbes).

While loans are intended to expand college access to a broader population, the nature of risk that they entail also produces the opposite result. Low- and middle-income students worried about the consequences of taking out a loan will be more likely to decide that college attendance is not worth the risk…

Studies have found that high debt levels not only deter access at the beginning, but can also drive students away from completing college once they have already started… students who start college but do not graduate are stuck with loan repayments and no college degree. They still have to repay their loans but do not have the economic boost of a college degree to help them have enough income to cover this cost.

First of all, why is it when it comes to a college education no one ever demands that we lower the cost.  Like we do with greedy oil executives who keep the price of gasoline high.  Why is it no one attacks the greedy people in higher education that keep education so costly?

The problem is too many people are going to college for the wrong reason.  There is a reason why there is a list of the best party colleges every year.  Because a lot of these kids want to go to these schools.  Which explains why colleges in Colorado are seeing a spike in out-of-state applications.  Because these kids want to go to a college where they can party with legal marijuana.  And to make that partying easier they’re majoring in easier degree programs that the college assured these kids would provide them a comfortable living after graduation.  So they can get that profitable tuition out of these kids.  Often times paid for by these kids’ student loan borrowings.  So the colleges are misleading a lot of these kids to make a buck.  Leaving them saddled with a lot of student loan debt if they quit.  Or even more student loan debt if they stay in until graduation.  While getting a degree that can’t get them a job.

A second issue with increasing levels of student loan debt is the effect on the economy… Individuals with more student loan debt were less likely than individuals without student loan debt to purchase homes or cars.

Yes, having too much debt is a bad thing.  It reduces your disposable income.  Preventing you from purchasing a house or a car.  Yet these same economic advisors have no problem with raising taxes and devaluing the currency (i.e., printing money) to pay for all of the government’s stimulus spending.  Higher taxes reduce our paychecks.  And devaluing the currency raises real prices.  Reducing what we can buy with our smaller paychecks.  No, a Keynesian has no problem with debt at the federal level that affects everyone.  But student loan debt is just a terrible thing for those kids who dropped out of college or who didn’t get a degree that an employer could use.

In the wake of the financial crash, households have been trying to deleverage, or pay down their debt so they can have a healthier financial outlook, reduce the amount of their income that they use to service their debt, and begin investing and consuming again…

A look at the data suggests that student loans have slowed down households in the process of paying down debt. Since 2008 — the peak level of household debt — households lowered their levels every type of debt except student loan debt. Student loans have continued to grow throughout this process of deleveraging.

Of course the one thing missing from this analysis is the horrible economy President Obama’s Keynesian policies have given us.  Since he became president he has destroyed some 10,948,000 jobs.  Based on the number that were out of the labor force in the January 2014 BLS jobs report (91,455,000) and how many were out of the labor force when he entered office (80,507,000).  This is why people are struggling with debt levels.  There are no jobs.  If there was a robust economy flush with jobs people wouldn’t worry about taking on debt to invest in the future.  As long as they got a useful college degree in a high-tech economy.  And not something useless like women’s studies or poetry.

But aren’t people facing poor job prospects just taking out more loans to avoid working as baristas at coffee shops that drip the coffee super slowly for no apparent reason? This does not appear to be the case from the debt data. Student loan debt has grown at almost exactly the same rate since the crash as it had been the previous five years — i.e. steadily and without fail.

Student loan credit level has been steadily rising because the cost of a college education has been steadily rising.  Again, where is the outrage at our greedy educators getting rich by loading up these kids with student loan debt for a degree they can’t use in a high-tech economy?

…the loan system allows colleges to raise prices, which causes more students to take out loans. States, facing budget pressures, have also pulled back on investment, putting even more risk on students and further increasing the need for loans.

Again, where is the outrage at our greedy educators who keep raising tuition, forcing these kids to take out more and more student loan debt?

The risk and burdens that come from forcing students to take out debt up front and pay it back later is problematic from head to toe (tassel to hem, one might say). To create a better system of higher education, we need to look at alternatives to the current debt-financed model.

So the solution is for the taxpayer to foot the bill for these useless college degrees at these party colleges?  How is that going to solve any problem?  All that will do is allow more people to go to a college in Denver where they can get high for 4 years.  And then go to work as a barista at a coffee shop that requires no 4-year degree.  How does that make anything better?  Other than get more young people to vote Democrat.  Then again, perhaps that is the only objective of Keynesian economics.  Which is why those on the left embrace these failed policies with a religious fervor.  Because it helps them win elections.  Even while they’re destroying the economy.

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