‘Climate Change’ Could End Mortgages As We Know Them Or Something

The Cult of Climastrology is always looking for something new to impart doom on

Climate change could end mortgages as we know them

Climate change could punch a hole through the financial system by making 30-year home mortgages — the lifeblood of the American housing market — effectively unobtainable in entire regions across parts of the U.S.

That’s what the future could look like without policy to address climate change, according to the latest research from the Federal Reserve Bank of San Francisco. The bank is considering these and other risks on Friday in an unprecedented conference on the economics of climate change. (snip)

The housing market doesn’t yet factor in the risk of climate change, which is already affecting many areas of the U.S., including flood-prone coastal communities, agricultural regions and parts of the country vulnerable to wildfires. In California, for instance, 50,000 homeowners can’t get property or casualty insurance because of the increased risk to their homes.

Yet for now, no mortgage lender, portfolio manager or buyer of mortgages takes into account climate-induced floods, except to determine if a house sits in a 100-year floodplain at the time the mortgage is issued, said Michael Berman, a former official with the U.S. Department of Housing and Urban Development and former chairman of the Mortgage Bankers Association.

Once lenders and housing investors do start pricing in such risks, “There may be a threat to the availability of the 30-year mortgage in various vulnerable and highly exposed areas,” Berman wrote in a recent San Francisco Fed report. He predicts lenders could “blue-line” entire regions where flood risks are high — a reference to redlining, the practice of refusing mortgages to minorities.

The result: Entire neighborhoods would empty out, leaving cities unable to shore up their crumbling roads and bridges just as severe weather events become more extreme and more frequent. Home values would fall, potentially depleting the budgets of counties and states.

Of course this is coming from the nutty area of San Fransisco, eh? Perhaps they should worry more about earthquakes.

Read: ‘Climate Change’ Could End Mortgages As We Know Them Or Something »

If All You See…

…is horrible clothing which is bad for ‘climate change’, also made of leather from evil moo cows, being doubly bad, you might just be a Warmist

The blog of the day is Watcher Of Weasels, with a post on the 4 C’s of the impeachment scam.

Read: If All You See… »

Not Open Borders: Warren Suggests Suspending Deporations Of Illegal Aliens

Sadly, I wasn’t able to attend Liz Warren’s events here in Raleigh, but, probably for the best: I’m a heckler, and I might have yelled out questions that Liz couldn’t answer. Since the news media fails to ask pointed questions

At Latino community forum, Elizabeth Warren says she’s open to suspending deportations

Democratic presidential candidate Elizabeth Warren has supported focusing U.S. deportation efforts on criminals and national security threats rather than all immigrants in the country illegally.

At a rally Friday in Raleigh, Warren went farther, saying she would be open to a moratorium on deportations.

“I am open to suspending deportations particularly as a way to push Congress for comprehensive immigration reform,” Warren said. She said she believes “that when ICE comes into our communities, takes our neighbors, our friends, our family members, that they do not make this country safer.”

Immigration and Customs Enforcement and U.S. Customs and Border Protection should be focused on “real threats” from terrorism, contraband, and the shipping of deadly narcotic drugs like fentanyl, Warren said.

So, did anyone in the media ask a rather important question: “Senator, if you are for focusing deportation efforts on criminal illegal aliens, then why would you suspend all deportations of those who are criminals, putting U.S. citizens at risk for those criminals to commit crime against them, all to legalize people who are unlawfully present per U.S. federal law?”

Warren did not specify if such a suspension would apply to immigrants with criminal records.

No one asked her? Were you folks there as reporters or supporters?

Republican Sen. Thom Tillis tweeted in response to a video of Warren’s statement that her “radical, liberal agenda would be a disaster for North Carolina and the country,” calling it a “dangerous” proposal.

The comments also drew an emailed statement from President Donald Trump’s re-election campaign saying, “Warren is proposing regressive socialist plans that would dismantle our economic gains and hurt Latino families in North Carolina and across the country.”

Obviously, there are quite a few other questions she could be asked, such as “how does allowing open borders and rewarding people who broke our laws help out the Latinos lawfully present in the U.S., including those who are citizens, many of them who went through the whole long, expensive process to become citizens?”

Read: Not Open Borders: Warren Suggests Suspending Deporations Of Illegal Aliens »

There Are Four Stages Of Climate Grief, You Know

I’d recommend moving on and realizing that this whole thing is a scam. Perhaps seeking out mental health help from a professional who is not a practicing member of the Cult of Climastrology. In lieu of that, Warmists with climate grief/eco anxiety should give up all use of fossil fuels and make their lives carbon neutral, giving up most trappings of a modern life

The 4 Stages of Climate Grief

The sky was dark in the distance, a blue curtain of virga predicting an oncoming storm. Desert rocks glowed even redder in contrast. I was passing through—not enough time to wait or really do the moment justice—but I wanted to be in the canyons, so I jammed my feet into sneakers and set off running.

The trail was a figure eight, and once I made it past the most popular loop, no one else was out. When I gained the ridge, a rainbow cracked the dark sky, and I got that rare elated feeling of witnessing something beautiful alone. But when I stopped—telling myself I was taking a picture when I was really just catching my breath—I got walloped by an ache of loss in a place that I’d held in my mind as untouchable.

I was on the edge of the Escalante Canyons, a landscape threatened by both large-scale climate change and aridification and land-use changes that have opened it up to more drilling and mining. It’s destabilizing when the places that have always healed you start to hurt. (snip)

There are times when I can handle the creep of warming—though it feels insurmountable—by getting angry at specific injustices: the dark knowledge that oil companies had back in the 1980s about their impact on the climate, the financially inconvenient truths about who is funding climate deniers even today. But I have a harder time with the selfishness of my own life, my desire to be in the wild, the hypocrisy of the gas I burn to get there, and the way all those forces could change this place. Here, in the deceptively fragile desert, these ossified rocks seem stable. But once you drill a landscape and riddle it with roads, water runs off differently, the soil cracks, and animal-migration patterns change. It should be less complicated to love a place than, say, a person, but it’s not. Anger feels less scary than the ache.

There’s no clear-cut way to grieve for a place. It’s a specific kind of heartache, because it’s grief in anticipation, grief without end. How do you know when a place is really gone? What could you have done? What can you do? Iceland now has funerals for lost glaciers; fires decimate forests and they come back different. Racing the edge of a storm might be too obvious of a metaphor, but it feels about right.

“I’m concerned about the people who aren’t feeling climate grief right now, because I think they’re not paying attention,” says Laura Schmidt, a former environmental organizer who founded the Good Grief Network, which provides a framework for working through overwhelming climate loss. “The word overcome comes up a lot, but you don’t overcome it, you work with it.”

I wonder how much money she’s making off of pushing this scam, essentially reinforcing the fake mental issues of Warmists.

Jennifer Atkinson, a professor who teaches a class called Eco-Grief and Climate Anxiety at the University of Washington, says that recognizing your grief is the first step of a survival strategy, especially if the places that you go to escape from the world’s roughness are the very ones that feel threatened.

OK, good, this bit of insanity is being reinforced via an actual class.

After acknowledging your anxiety, says Atkinson, the next step is to take action, whether that’s political work or personal change. Civic engagement is the best answer to grief. “I love this Rebecca Solnit quote,” she says. “‘It’s not hope that drives us into action, it’s action that drives us into hope.’”

You know that most won’t change their own lives. This is about making more activists.

Schmidt adds that community is another big piece of fighting the feelings of uselessness and isolation. It’s important to talk about climate change and loss of landscape and biodiversity, she says, and to make those conversations normal and constant. Accept the severity and predicament, but don’t do it alone.

That’s less a step than finding like minded people to reinforce your delusions

Then, Atkinson says, go outside. “It’s not just that it’s therapeutic to be connected to those places, even though there are physical benefits to being outside,” she says. “Connection reminds us why they’re worth fighting for. We’re dealing with tremendous loss, but there is so much left to save.”

Most of these people would freak out if they went anyone truly “outside” after living in their liberal big cities.

Read: There Are Four Stages Of Climate Grief, You Know »

Devin Nunes Demands Adam Schiff Testify In Place of “Whistleblower”

Hey, why not? Schiff has as much firsthand knowledge of the Ukraine phone call as the so-called whistleblower

(Breitbart) House Intelligence Committee Ranking Member Devin Nunes (R-CA) on Friday sent a letter to Rep. Adam Schiff (D-CA) requesting that the House Intelligence Committee chairman testify as part of the impeachment inquiry.

In the letter, Nunes argued that Schiff should testify in lieu of the “whistleblower,” since the “whistleblower” went to Schiff’s staff before filing his complaint and since Schiff will not let the whistleblower testify.

In his letter to Schiff, Nunes wrote:

As the American public is now aware, in August 2019, you and/or your staff met with or talked to the whistleblower who raised an issue with President Trump’s phone call with Ukrainian President Zelensky. Although you claim that nothing inappropriate was discussed, the three committees deserve to hear directly from you the substance and circumstances surrounding any discussions conducted with the whistleblower, and any instructions you issued regarding those discussions. Given that you have reneged on your public commitment to let the committees interview the whistleblower directly, you are the only individual who can provide clarity as to these conversations.

Nunes noted that there is precedent: Members of Congress participated for closed-door depositions during the House Intelligence Committee’s investigation into Russian interference in the 2016 election.

He added: “Given your championing of such an arrangement two years ago, you should have no problem with you appearing before the three committees to discuss your interaction with the whistleblower.”

Will Schiff have the cajones to do this? Especially if he’s under oath? The so-called whistleblower, who never actually hear the call, went to Schiff’s staff well before “blowing the whistle”, and was instructed by Schiff’s staff on acquiring legal counsel and how to file the complaint. Schiff initially denied…ok, let’s be honest, he blatantly lied about the person contacting his staff initially.

But, we know he won’t, and we know this is just Trump Derangement Syndrome from the Democrats, who’ve been seriously talking about impeaching Trump since the moment he won the election.

Read: Devin Nunes Demands Adam Schiff Testify In Place of “Whistleblower” »

New Zealand’s New Climate Change Law Already Being Trashed

It was just yesterday I mentioned the new New Zealand climate hysteria law, one which was literally passed on Thursday. Well, it didn’t take long for the uber-climate cultists to come out

New Zealand’s new climate change law: Inadequate and not really net zero

New Zealand, that tiny nation of five million people is being lauded yet again. This time, it’s for passing a law that seemingly seeks to reduce greenhouse gas emissions to net zero by 2050, a move in which it followed Britain and Sweden, among other countries.

As a concept, “net zero by 2050” stems from the Intergovernmental Panel on Climate Change’s (IPCC) special report on 1.5 degree Celsius warming, which indicated that the world as a whole needed to have net zero emissions (that means any emission would have to be matched by carbon sequestered from the air) by 2050 to have a 66 per cent chance of limiting global mean temperature rise to 1.5 degrees by the end of the century.

While the world as a whole need to reach net zero emissions by 2050, developed countries need to do it sooner, considering their high historic emissions, high current per capita emissions and high capacity to act, invest early and thus bring down technology costs for developing countries.

I agree, New Zealand should do this faster: it would be a great example of the Theory Of Unintended Consequences as their economy collapses due to climate cultism.

But the larger issue with the New Zealand law goes beyond the many problems common to all “net zero by 2050” legislations. The new law explicitly excludes biogenic methane emissions from the net zero target, subjecting the gas to mere 24-47 per cent cuts below 2017 levels by 2050.

Methane is a potent greenhouse gas with a global warming potential of over 25 times that of carbon dioxide. Globally, methane accounted for 16 per cent of greenhouse gas emissions in 2010. But New Zealand’s large livestock sector means that methane emissions from ruminant animals accounted for 34 per cent of its 2017 emissions, making it the largest contributor to the country’s greenhouse emissions; a status held in most developed countries by the power, transport or industry sectors.

Yes, let’s demand that New Zealand get rid of most of it’s livestock. Give it a shot, see how quickly people decide that climate change, natural or anthropogenic, is just fine, and that the cultists can just go away.

Beyond the numbers, as a rich country with high methane emissions, New Zealand could potentially be a global model for emission mitigation in the livestock sector and the present law betrays that hope.

These people are always such nags and doomsayers.

Read: New Zealand’s New Climate Change Law Already Being Trashed »

If All You See…

…are wonderful low carbon bikes which Everyone Else should be forced to use over fossil fueled transportation, you might just be a Warmist

The blog of the day is The Lid, with a post on Iran upgrading their nuclear enrichment facility.

Read: If All You See… »

Italy Plans Mandatory Indoctrination On ‘Climate Change’ In Schools

Could this possibly backfire?

Italy plans mandatory climate change lessons for schools

All children in Italy will have to study climate change at school starting from next year, becoming the first country in the world where this will be compulsory.

Italy’s minister for education, Lorenzo Fioramonti, announced the decision on Wednesday.

The decision will apply to all state-run schools in the southern European nation and will come into force from the start of the 2020 school year in September.

The lessons, which will also teach sustainable development, will be given to pupils from first grade through high school, from the ages of six to 19 years.

Speaking earlier to Reuters news agency, Fioramonti said all state schools would dedicate 33 hours per year, almost one hour per school week, to climate change issues.

You just know that Warmists will complain about it only being one hour per week, because that’s what they do. Complain. But, think about it: kids can be pretty darned contrary, can’t they? They do not like bowing to authority. Might this cause them to take the time to do some research and learn the truth about this man-caused climate change scam push?

According to a report in UK newspaper The Telegraph the syllabus will be based on theUnited Nations’ 17 sustainable development goals, including how to live more sustainably, how to combat the pollution of the oceans and how to address poverty and social injustice.

So, it’s not really about ‘climate change’, just about Modern Socialism, eh?

Meanwhile

Read: Italy Plans Mandatory Indoctrination On ‘Climate Change’ In Schools »

Who’s Up For A “Green Interest Rate”?

If you want authoritarian/socialism, this is authoritarian/socialism, whereby the federal government uses some sort of Scary Thing manufactured by government to inject itself even more heavily into the economy and the lives of citizens. It’s really what’s called Progressivism, otherwise known as Fascism

A ‘green interest rate?’ Fed digs into climate change economics

In their deliberations on monetary policy, Federal Reserve policymakers need to consider many factors, but up to now, climate change has not been one of them.

But as worries about the warming planet increase, the U.S. central bank is taking a closer look at the economic impacts of higher temperatures, more frequent severe weather, and rising sea levels.

A “green interest rate” is one of the ideas on view Friday as the San Francisco Fed convenes the U.S. central bank’s first-ever conference on climate change and economics. The event is so oversubscribed a webcast has been created to meet demand.

While the Fed lags central banking peers such as the Bank of England in making climate change an explicit part of its financial stability remit, the conference is the latest sign the Fed has started to take the risks and costs of global warming seriously.

“It’s important for us from a monetary policy perspective to know what the potential growth rate of the economy is and if climate events or climate risk is going to shave that off, even if it’s over the long term,” San Francisco Fed chief Mary Daly said in New York earlier this week.

The weather, and, yes, the climate, has always had an effect on economic progress. And usually tends to do much better during Holocene warm periods than the cool ones.

Papers to be presented at this week’s conference provide that perspective in a range of ways. One estimates climate change could subtract 7% from real world per capita GDP by 2100; another finds that subsidies for green energy like wind and solar are not an effective tool against global warming, but carbon taxes, if implemented in many parts of the world, would be. Others papers map out how climate change affects asset prices and show trade policy subsidizes greenhouse gas emissions.

I’m glad these big wigs could take fossil fueled trips to San Francisco to discuss taxes. Perhaps they should remember than the vast majority refuse to spend even $10 a month to “solve” anthropogenic climate change. It’s nice to know that they think subsidies for “green” energy are worthless, though.

Scientists are in broad agreement that carbon dioxide from cars, power plants and other human sources are behind the climate change that’s already making powerful hurricanes, severe drought, and other weather extremes more frequent.

Duckspeak. Without scientific proof.

At the conference, Carnegie Mellon University professor Nicholas Muller will outline a “green interest rate.” Simply put, he suggests interest-rate setting should take into account the economic drag that greenhouse gas emissions are projected to cause.

“Rates should be lower when pollution damages are rising,” Muller said in an interview. His paper also shows how judicious use of rate policy can skew investment in ways that could aid environmental goals and save human lives.

Was the Great Galveston Hurricane of 1900 caused by “pollution”? Perhaps we should start by creating carbon taxes that specifically target those who push carbon taxes, like universities, the news media, and so on, see if they’re so gung ho at that point.

Read: Who’s Up For A “Green Interest Rate”? »

Esquire: Matt Bevins Refuses To Concede, Which Is Authoritarian, Just Like Trump Or Something

Democrats love throwing around the word “authoritarian” in the Age Of Trump, just like they enjoy throwing around the words racist and racism. They love calling him an authoritarian, because Trump is utterly involving himself in their lives, right? And it means every Republican is an authoritarian, per Esquire’s Charles Pierce

The Authoritarian Rot That Produced This President* Is Present in the Republican Party at All Levels

I guess we should start this week’s tour in Kentucky, where the Republican majority in the state legislature is making all kinds of noises about how, as far as they’re all concerned, the wrong person got elected governor on Tuesday. From the Louisville Courier-Journal:

Stivers’ comments came shortly after Gov. Matt Bevin refused to concede to Attorney General Andy Beshear, who led by roughly 5,100 votes when all the precincts were counted. “There’s less than one-half of 1%, as I understand, separating the governor and the attorney general,” Stivers said. “We will follow the letter of the law and what various processes determine.” Stivers, R-Manchester, said based on his staff’s research, the decision could come before the Republican-controlled state legislature. Under state law, Bevin has 30 days to formally contest the outcome once it is certified by the State Board of Elections. Candidates typically ask for a re-canvass of voting machines and a recount first. The last contested governor’s race was the 1899 election of Democrat William Goebel.

(It should be noted here that things didn’t work out that well for Goebel back in the day. He lost by somewhere around 2,200 votes to William Taylor after a chaotic Democratic nominating process. Whereupon, the assembly ratfcked Taylor out of his victory and, the day after Goebel was declared the winner, somebody shot him to death, but he lingered long enough to be sworn in. He’s still the only sitting state governor to be assassinated. Meanwhile, the ringleader of the plot to kill Goebel did a little time and, upon release, got elected to Congress four times, because, you know, America.)

Suffice it to say, this would be ratfcking of the highest parliamentary order, but it also is yet another indication that the authoritarian rot that produced the current president* is present in the Republican Party at all levels. Democratic success in elections, unless it is achieved by overwhelming margins, is in the eyes of Republicans prima facie illegitimate. It started with Bill Clinton and it’s gotten worse ever since.

So, hey, does this make Stacy Abrams an authoritarian, because she whined incessantly and wanted recounts, as have many Democrats. Pierce mentions two other issues, one being the Republican general assembly canning the Secretary of Agriculture in Wisconsin, and

And we conclude, as is our custom, in the great state of Oklahoma, where Blog Official Saloon Pianist Friedman of the Plains brings us the saga of something I fear we’re all going to have to deal with when this great scourge of an administration* finally is no more. From KTUL News:

Two Republican state senators have written a bill to rename a portion of the world-renowned Route 66 highway in northeastern Oklahoma the President Donald J. Trump Highway. Sens. Nathan Dahm of Broken Arrow and Marty Quinn of Claremore announced Tuesday their plans to introduce the bill. The bill would rename a roughly 13-mile stretch of Route 66 from the town of Miami extending north and east through the town of Commerce to Industrial Parkway in Ottawa County.

You just know that he’s going to be bribing people to name stuff after him until two weeks after he’s dead. Hell, his only real skill in business was getting people to name stuff after him. Your grandchildren one day may go to Donald J. Trump High School. This is the nightmare we have chosen.

Anyone want to tell him about Barack Obama and Robert “Sheets” Byrd?

Anyone want to tell him the definition of authoritarian?

Authoritarianism, principle of blind submission to authority, as opposed to individual freedom of thought and action. In government, authoritarianism denotes any political system that concentrates power in the hands of a leader or a small elite that is not constitutionally responsible to the body of the people. Authoritarian leaders often exercise power arbitrarily and without regard to existing bodies of law, and they usually cannot be replaced by citizens choosing freely among various competitors in elections. The freedom to create opposition political parties or other alternative political groupings with which to compete for power with the ruling group is either limited or nonexistent in authoritarian regimes.

If you look in dictionaries and political science 101 books, you’ll find similar definitions. How is contesting an election authoritarian? Naming part of a road after a president authoritarian? How about attempting to reduce the number of federal rules that affect citizen’s lives? Pulling out of the Paris Climate Agreement, ending the Waters of the U.S., and so much more, all of which had given the federal government wide control over citizens? I’ve asked time and again, and Democrats cannot really name anything that Trump is doing that demands submission to authority, to government.

Read: Esquire: Matt Bevins Refuses To Concede, Which Is Authoritarian, Just Like Trump Or Something »

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