Federal Government Confirms Nearing Apocalypse -- it's very hard to dismiss this. - Page 31 - Politics Forum.org | PoFo

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#15047743
Pants-of-dog wrote:No.

People’s arguments are no less valid because you disagree with their motives.

If a capitalist argued that we should cure cancer because he would make more money if people did not die of cancer, would he be wrong to say we should cure cancer?

Good comeback POD, but I have news for you. If reducing global warming means living under socialism I would rather take my chances with global warming. I cannot think of a greater abomination than been forced to live in an oppressive system like socialism. By definition socialism is always done with the coercion of the state.

I will take my chances with a capitalist solution. The world will not end in 12 years; no worries.
#15047750
@Julian658

Thank you for sharing your opinion about Marxism. I will now give it the attention it deserves.

——————————

https://markets.businessinsider.com/new ... 1028675379

    Climate events have cost the US economy more than $500 billion over the last 5 years, Fed official says

    Climate- and weather-related events have directly cost the US more than $500 billion over the past five years, according to a Federal Reserve official.
    In addition to causing damage to natural resource and infrastructure, global warming is expected to disrupt business operations and economic activity in the coming years.
    In January, top economists from both sides of the aisle signed a letter that said climate change was "a serious problem calling for immediate national action."

    Climate and weather-related events have directly cost the US more than $500 billion over the past five years, according to Kevin Stiroh, an executive vice president at the New York Fed who is responsible for bank regulation.

    "Climate change has significant consequences for the US economy and financial sector through slowing productivity growth, asset revaluations and sectoral reallocations of business activity," Stiroh said at the GARP Global Risk Forum in New York on Thursday.

    In addition to causing severe damage to natural resource and infrastructure damage, global warming is expected to disrupt business operations and economic activity in the coming years. Stiroh said climate-related changes raised the potential for losses related to policy changes, consumer sentiment, and how technological innovations affect the value of certain assets and liabilities.

    "These effects will be felt across business sectors and asset classes, and on the strategies, operations and balance sheets of financial firms," Stiroh said.

    Fed Chairman Jay Powell told Congress this year that while addressing climate change fell under the direction of other agencies, the central bank would "use its authorities and tools to prepare financial institutions for severe weather events." Others in Washington have issued similar warnings.

    In a more than 1,500-page report released in late 2018, scientists from 13 federal agencies predicted that climate change would slash gross domestic product by a tenth by 2100 if steps weren't taken to reduce the carbon emissions that warm the planet.

    The scientists said extreme weather would wreak havoc on growth through adverse effects on the healthcare system, infrastructure, supply chains, labor productivity, agriculture, tourism, power generation and electricity costs.

    "With continued growth in emissions at historic rates, annual losses in some economic sectors are projected to reach hundreds of billions of dollars by the end of the century—more than the current gross domestic product of many US states," the report said.

    In January, top economists from both sides of the aisle signed a letter that said climate change was "a serious problem calling for immediate national action" and called for a national tax on carbon.

    But President Donald Trump has steadily taken steps in the opposite direction. Over the past several years, the White House has taken steps to loosen environmental rules and shrugged off a series of landmark reports on climate change.
#15047753
Pants-of-dog wrote:@Julian658

Thank you for sharing your opinion about Marxism. I will now give it the attention it deserves.

——————————

https://markets.businessinsider.com/new ... 1028675379

    Climate events have cost the US economy more than $500 billion over the last 5 years, Fed official says

    Climate- and weather-related events have directly cost the US more than $500 billion over the past five years, according to a Federal Reserve official.
    In addition to causing damage to natural resource and infrastructure, global warming is expected to disrupt business operations and economic activity in the coming years.
    In January, top economists from both sides of the aisle signed a letter that said climate change was "a serious problem calling for immediate national action."

    Climate and weather-related events have directly cost the US more than $500 billion over the past five years, according to Kevin Stiroh, an executive vice president at the New York Fed who is responsible for bank regulation.

    "Climate change has significant consequences for the US economy and financial sector through slowing productivity growth, asset revaluations and sectoral reallocations of business activity," Stiroh said at the GARP Global Risk Forum in New York on Thursday.

    In addition to causing severe damage to natural resource and infrastructure damage, global warming is expected to disrupt business operations and economic activity in the coming years. Stiroh said climate-related changes raised the potential for losses related to policy changes, consumer sentiment, and how technological innovations affect the value of certain assets and liabilities.

    "These effects will be felt across business sectors and asset classes, and on the strategies, operations and balance sheets of financial firms," Stiroh said.

    Fed Chairman Jay Powell told Congress this year that while addressing climate change fell under the direction of other agencies, the central bank would "use its authorities and tools to prepare financial institutions for severe weather events." Others in Washington have issued similar warnings.

    In a more than 1,500-page report released in late 2018, scientists from 13 federal agencies predicted that climate change would slash gross domestic product by a tenth by 2100 if steps weren't taken to reduce the carbon emissions that warm the planet.

    The scientists said extreme weather would wreak havoc on growth through adverse effects on the healthcare system, infrastructure, supply chains, labor productivity, agriculture, tourism, power generation and electricity costs.

    "With continued growth in emissions at historic rates, annual losses in some economic sectors are projected to reach hundreds of billions of dollars by the end of the century—more than the current gross domestic product of many US states," the report said.

    In January, top economists from both sides of the aisle signed a letter that said climate change was "a serious problem calling for immediate national action" and called for a national tax on carbon.

    But President Donald Trump has steadily taken steps in the opposite direction. Over the past several years, the White House has taken steps to loosen environmental rules and shrugged off a series of landmark reports on climate change.


POD, no one denies the globe is getting warmer. And I see a potential economic bonanza for USA workers as the nation will be forced to build millions of electric cars, nuclear plants, windmills, solar panels, hydroelectric plants, ect. There will also be a demand for a fast train system to avoid flying airplanes within the continental USA. This will bring a lot of prosperity with new jobs.

I understand the issue of blaming every single natural disaster on global warming. It is good ratings for the media and great for those that seek to impose socialism as they blame capitalism.
#15047785
jimjam wrote:Absolutely ….. now, withdraw from Medicare and send me your monthly Social Security check :lol:

I paid for and earned my Medicare healthcare Insurance and my Social Security retirement check during many years of working and paying taxes. If you want your own, then pay for it and earn it. Now medicaid and a welfare check is socialism. I don't get that like you do.
Praise the Lord.
#15047854
Pants-of-dog wrote:So if the US implemented a social program to combat climate change, it would not be socialism.


Typical POD! :roll: :roll:
The solution will come from the private sector. Governments tend to be too bureaucratic and inefficient.
Sweden a very liberal nation that once leaned heavily into socialism has discovered that the government is not as efficient as the private sector. They privatized social security and the public transportation is contracted out to the private companies. The state has a role, no doubt, but the private sector is simply better at implementing ideas and concepts in a more efficient manner.

Back to the drawing board AOC----err I mean POD.
#15047857
Julian658 wrote:Typical POD! :roll: :roll:
The solution will come from the private sector. Governments tend to be too bureaucratic and inefficient.
Sweden a very liberal nation that once leaned heavily into socialism has discovered that the government is not as efficient as the private sector. They privatized social security and the public transportation is contracted out to the private companies. The state has a role, no doubt, but the private sector is simply better at implementing ideas and concepts in a more efficient manner.

Back to the drawing board AOC----err I mean POD.


I already asked you how the free market was going to deal with climate change.

You have no clue.

Your religious belief that capitalism will magically make things better is noted, as well as the complete lack of reality in your dreams.
#15047868
Hindsite wrote:I paid for and earned my Medicare healthcare Insurance and my Social Security retirement check during many years of working and paying taxes. If you want your own, then pay for it and earn it. Now medicaid and a welfare check is socialism. I don't get that like you do.
Praise the Lord.


Let me guess ……. At your age you have wracked up $567,028 in medical expenses so far …… way way more than you have paid for. Socialism? No way …… Communism! Hindsite is a Commie ………………. :eek:

Just one 3 day stay in the hospital for me resulted in a $44,632 bill to Medicare ……. more than I have ever paid into "liberal" Democrat LBJ's health plan. BTW, how's Donald's plan to lower drug costs and permit Medicare to bargain with BigPharma over prices coming along? Bullshit walks and money talks ….. looks like just one more demonstration of Con Job Don's skill at bullshitting.

Looks like "socialism" is going to be one of the Republican's bigger scare tatics they will enlist in their usual hate campaign. How about mentioning predatory capitalism for a change? You know ….. the system that provided rules for pushing family debt to an all time high.....
#15047886
jimjam wrote:Let me guess ……. At your age you have wracked up $567,028 in medical expenses so far …… way way more than you have paid for. Socialism? No way …… Communism! Hindsite is a Commie ………………. :eek:

I have been very healthy over my lifetime so I haven't needed much medical until recently. I don't really know my total medical expenses, but it could not have been anything close to that large amount. But I am retired military using military health facilities and haven't had to keep track of it.

jimjam wrote:Just one 3 day stay in the hospital for me resulted in a $44,632 bill to Medicare ……. more than I have ever paid into "liberal" Democrat LBJ's health plan.

Why can't you just be thankful that you did not have to pay that much instead of making yourself sick by complaining so much.

jimjam wrote: BTW, how's Donald's plan to lower drug costs and permit Medicare to bargain with BigPharma over prices coming along? Bullshit walks and money talks ….. looks like just one more demonstration of Con Job Don's skill at bullshitting.

It is not going anywhere as long as the Democrats are preoccupied with investigating and impeaching the President and not willing to negotiate with the Republicans to pass anything. I am not worried about that, because I get my prescription medication from the Army medical pharmacy.

jimjam wrote:Looks like "socialism" is going to be one of the Republican's bigger scare tatics they will enlist in their usual hate campaign. How about mentioning predatory capitalism for a change? You know ….. the system that provided rules for pushing family debt to an all time high.....

I don't know what you are talking about since my debt is at an all time low under President Trump. I am looking forward to another good tax return coming in the new year. I can understand why people like you that are getting deeper in debt might think "socialism" could be better since they promise to take from the rich and redistribute it to people like you. However, in the long run, "socialism" has always failed in the past and that would be going against the American free market "capitalism" system that we have had from the founding of this nation. "Socialism" is not patriotic to our nation in my opinion, and neither is communism.
#15047895
Pants-of-dog wrote:I already asked you how the free market was going to deal with climate change.

You have no clue.

Your religious belief that capitalism will magically make things better is noted, as well as the complete lack of reality in your dreams.

The clue is that free market capitalism in the past has been able to solve problems and make our lives better. Capitalism looks for a way to build a better mousetrap. Communism and socialism tries to get us to jump head first into the mousetrap.
#15047934
Hindsite wrote:The clue is that free market capitalism in the past has been able to solve problems and make our lives better. Capitalism looks for a way to build a better mousetrap. Communism and socialism tries to get us to jump head first into the mousetrap.


A better mousetrap in free market capitalism is one that doesn't last too long so the punter has to buy more of them. One with a healthy margin for the shareholders and an unhealthy wage for the workers.

There is a middle way that doesn't require the need to profit from the poorest whilst retaining the competition that drives innovation.
#15047961
Pants-of-dog wrote:I already asked you how the free market was going to deal with climate change.

You have no clue.

Your religious belief that capitalism will magically make things better is noted, as well as the complete lack of reality in your dreams.


Make your point. Writing acrimonious remarks is poor form. The solutions were presented above.
This is the post I expect from someone that has nothing to say.
#15047966
Julian658 wrote:The solutions were presented above.


No.

You said the USA would be forced to do some things, but you did not explain how it would be the free market that would do so.

Government regulators could also demand this, and it would not be a free market solution. Just a rapid and effective one.
#15047974
BeesKnee5 wrote:A better mousetrap in free market capitalism is one that doesn't last too long so the punter has to buy more of them. One with a healthy margin for the shareholders and an unhealthy wage for the workers.

There is a middle way that doesn't require the need to profit from the poorest whilst retaining the competition that drives innovation.

You make no sense. Capitalist profit from those that have the money, not the poorest that have no money.
#15047980
During a conference on climate change and the economy in San Francisco, one year after the deadly Campfire’s wildfire smoke made the city’s air quality among the worst on the planet, the Federal Reserve announced that it would incorporate climate change into its considerations when making policy decisions. The choice stands in stark contrast with the Trump administration, which maintains that climate change is a hoax despite overwhelming evidence to the contrary. The announcement was made during a speech by Fed Governor Lael Brainard, who said taking climate change seriously would be central to the future of the US economy.
#15047981
Trump administration officials tend to talk around climate change, but in official documents, they outline an unfolding crisis of extinctions, flooding and fire.

Agencies under President Trump are cataloging climate impacts in the mandatory environmental reviews that precede major federal actions. They describe worsening damage to virtually every ecosystem, from entire forests down to the ocean's smallest life forms. But officials use those same documents to minimize the connection between that damage and human-caused emissions, especially when the government is considering the impacts of fossil fuel projects, like drilling for oil in the Arctic National Wildlife Refuge.

What emerges from these documents is a story of the Trump administration in microcosm. While officials tell the public not to worry about climate change, they're running departments that warn of massive damage already unfolding. The administration masks its contribution to that damage by pointing to the small impact of individual oil wells and coal mines — a distraction, experts say, from its energy agenda's huge cumulative impact.
#15047986
jimjam wrote:During a conference on climate change and the economy in San Francisco, one year after the deadly Campfire’s wildfire smoke made the city’s air quality among the worst on the planet, the Federal Reserve announced that it would incorporate climate change into its considerations when making policy decisions. The choice stands in stark contrast with the Trump administration, which maintains that climate change is a hoax despite overwhelming evidence to the contrary. The announcement was made during a speech by Fed Governor Lael Brainard, who said taking climate change seriously would be central to the future of the US economy.

Controversial San Francisco homelessness tax passes


Bad Laws Cause Homeless Crisis


Left Behind: Homeless Crisis in San Francisco


San Francisco is a Sh*thole
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