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    Weather Is 1,557% More Harmful Than Helpful To Corporate Profits

    Or so we're being told
    by Chris Martenson

    Thursday, March 27, 2014, 12:55 AM

It's just another day in the spin factory so let's have some fun with it.

Lately 'bad weather' was cited as the reason that Walmart and FedEx earnings were disappointing.  If it isn't 'one-time' charges that happen every quarter being removed from reported results, it's the weather being blamed for somehow hurting operations.

But if the weather harms, it should also be able to help. Right?  After all weather is chaotic and random, so sometimes it should be a plus and sometimes a minus.  Sometimes it's colder and wetter than expected, and sometimes drier and warmer.

Well, if we do a quick Google search of the number of reported references to when weather helps vs. harms earnings it's no contest. 

Weather is apparently 1,557% (15.57x) more harmful than helpful for profits (after mostly filtering out energy, which cuts both ways…as you can see an oil company is still the top result for the 'helped' category).

And:

Such is the state of reporting these days…in which a completely normal thing like weather, which happens pretty much the same way every year, give or take, can be regularly used as an excuse for poor corporate results.

Of course, even if the weather truly was awful enough to prevent people from shopping or buying a house, that demand should simply show up in a later month.

That is, unless we are supposed to now believe that a bit of bad weather can cause a family to simply give up on the idea of moving, or getting a new car, or buying clothes.  If this were true, after the simply horrible winter we've had in the mid-west and New England, there should be a lot of poorly-clothed and possibly naked people walking around this spring wishing they lived in a different house.

But, alas, we won't see any such people. It's a fiction that weather has any sort of lasting impact on final sales over time.

Instead, we might suspect that poor corporate earnings are due to something simpler and far more likely: falling demand for products and services.

But if you simply read news headlines, you would be forgiven if you somehow developed the impression that weather was more than 15 times more harmful than helpful to corporate profits.

Sadly, this is the state of our self-delusional spin cycle right now.  Anything and everything needs to be painted in the best possible light, as though our economy were some ageing starlet in denial, in need of heavy makeup and dim lighting.

~ Chris Martenson

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32 Comments

  • Thu, Mar 27, 2014 - 1:48am

    #1

    Wildlife Tracker

    Status Silver Member (Offline)

    Joined: Jan 14 2012

    Posts: 405

    Zerohedge had to play weatherman often this past winter

    http://www.zerohedge.com/news/2014-02-20/thursday-trivia-why-are-wall-street-economists-paid-millions-dollars

    Such a joke!

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  • Thu, Mar 27, 2014 - 5:00am

    #2

    SingleSpeak

    Status Bronze Member (Offline)

    Joined: Nov 30 2008

    Posts: 162

    Thanks for another money saving tip Chris

    "Sorry son, bad news. I was planning on getting you that new Playstation 4 for your birthday, but it was raining. Hey don't worry, there's always next year. Here, use this Game Boy until then, it's basically the same, right?"

    SS

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  • Thu, Mar 27, 2014 - 5:30am

    #3

    Mark Cochrane

    Status Platinum Member (Offline)

    Joined: May 24 2011

    Posts: 1189

    If they just keep saying it long enough.....

    How long have we been hearing about the economic recovery, or excuses why it was weak or didn't show up in a given month?

    For all of those who keep repeating the mantra of economic "recovery"……

    “You Keep Using That Word, I Do Not Think It Means What You Think It Means”

    Mark

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  • Thu, Mar 27, 2014 - 9:38am

    #4
    Doug

    Doug

    Status Platinum Member (Offline)

    Joined: Oct 01 2008

    Posts: 1358

    Don't get me started

    My bottom line has certainly been affected. I am burning way more wood than normal. A weather program said temperatures for this month for this neck o’ da woods have been 7.7 degrees colder than normal. Snow is still covering the gardens and baseball fields. Not even the snowdrops are blooming. I usually hate March, but this one has me on the edge if insanity.
    They say we are due for a warming trend. Hope springs eternal.

    Doug

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  • Thu, Mar 27, 2014 - 10:24am

    #5
    Doug

    Doug

    Status Platinum Member (Offline)

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    Posts: 1358

    sorry, double post

    double post

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  • Thu, Mar 27, 2014 - 10:41am

    #6

    kaimu

    Status Member (Offline)

    Joined: Sep 20 2013

    Posts: 161

    STATE OF MIND

    Aloha! Certainly weather is a state of mind! Meaning … go to LA just about any day of the year and you will be nauseated by the major traffic jams! California is the 7th largest global economy, right? So while it is snowed in Maine in California and the Southern states there isn't much keeping consumers from consuming. Besides in winter states I would think that most people would have purchased goods prior to the winter and stocked up. 

    Here at Kaimu Nursery we use FedEx to ship our products to every state in the USA and Canada Monday thru Friday and we have only had eight orders delayed or damaged due to weather. No more or less than prior years. We did have nine orders delayed due to FedEx jet mechanical problems though, which is a record. In my talks with my FedEx driver she says they have been extremely busy! A lot of product even grocery items are sold online. Make your FedEx driver endure the winter driving hazards!

    It gets tiring hearing the lame excuses coming from the US Fed and its market monopolists!

    Behind the weather BS is this from the US Treasury …

    Meet the Four Horsemen of the Debtocalypse! In the past I called them the four largest outlay line items at the US Treasury. They are:

    Social Security
    Medicare
    Medicaid
    Defense

    As of March 21, last Friday, not even half of FY2014 the total of those four line items is $922.2BIL. Just doubling it to extrapolate for the entire FY2014 comes to $1.844TRIL!

    Last year for FY2013 the total for March 21, 2013 was $897.4BIL and that was with a virtual freeze on COLA. The total for FY2013 was $1.896TRIL so the last half of FY2013 spending for those four line items accelerated past the first half of FY2013 by $100BIL.

    That means we could see those four line items for FY2014 break $2TRIL for the first time in US history. The babyboomer defense costs to the two party political monopoly are rising rapidly! Add in another cold war and defense stocks will look good!

    Remember that’s $2TRIL in outlays for just four line items! There are 28 more line items that also need funded! But not with tax revenues …

    It seems the weather never stops the US Treasury from issuing more and more and more debt and certainly the US Congress never stops spending and spending and spending due to "weather"! Like death and taxes debt seems inevitable no matter! In fact debt welcomes apocalyptic events. Remember Katrina? Well, that created a regional construction boom paid for by "debt" and GDP went up! So bring on GLOBAL WARMING!!!!!

     

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  • Thu, Mar 27, 2014 - 1:02pm

    #7

    Wendy S. Delmater

    Status Diamond Member (Offline)

    Joined: Dec 13 2009

    Posts: 1418

    snowplows, or heating your home

    Not to disagree with Dr. Martenson (at all) but my heart goes out to those who, on top of the worst economic recovery since the Great Depression, are now stuck with high heating bills from this past winter.  I know he's not suggesting that those with few resources felt no pain; he's correctly stating that corporations are complaining that the cold weather was the main reason they had lousy sales this winter. It's not the main reason: Peak Oil, indebtedness, decreasing demand, layoffs, wage stagnation, and an uncertain regulatory environment (read:Too-big-to-jail corporations and individuals) were the main culprits. Unusually cold weather in and of itself simply made a deteriorating situation slightly worse. Consumers were already spending less. But for those on the financial edge, high utility bills can be devastating.

    The economy was already in a tailspin. Then the poor muppets got socked with higher, and longer-season, heating costs. Those in the Northeast who use oil heat, like most of my former neighbors in NY, were already paying an average of $400 a month for oil to heat their homes during the heating season. Those in the Midwest (and anywhere else that uses natgas) who had to pay inflated prices for natural gas have been socked with huge heating bills. Those who have electric heat, as do most in the South, will have significantly higher heating bills as well. For some on the edge who still have homes,  would not be surprised if these heating bills pushed them into foreclosure.

    And municipalities that are already deeply in debt are now going to have to pay for plowing, salting, sanding or otherwise dealing with this past winter. I've sat in on county meetings back up in NY where county execs were tearing their hair out over how to pay for higher-than-average snow plowing costs from winters far easier than this one.

    Imagine a world where there is no money for snowplows, or heating your home.

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  • Thu, Mar 27, 2014 - 1:09pm

    Reply to #7

    LesPhelps

    Status Silver Member (Offline)

    Joined: Apr 30 2009

    Posts: 465

    Wendy S. Delmater

    [quote=Wendy S. Delmater]Imagine a world where there is no money for snowplows, or heating your home.
    [/quote]
    Imagine a world where natgas stops flowing through the pipelines into your house.  That is one of my major concerns going forward.  I currently don't have the option of moving further South, at least not with my wife in tow.  We have family obligations that we cannot handle from afar.

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  • Thu, Mar 27, 2014 - 1:14pm

    #8

    LesPhelps

    Status Silver Member (Offline)

    Joined: Apr 30 2009

    Posts: 465

    People around Wisconsin are tired of the weather

    They keep telling us that this isn't a record year for cold or snow.  It's only the third coldest winter in recorded history.  So what!!! It's been friggin' cold for ever!

    Firewood, yes I've burned a lot, but I cut and split my own wood.  It has changed my behavior.  I have done a lot more indoor archery than outdoor astronomy.

    The weather hasn't changed my outlays much one way or the other so far.  But I have a contract on the way to reserve a town house in a much warmer location for Jan-Mar of next winter.  We may not get to snow bird for long, but we are taking a break from the coming winter.  That represents a significant redirection in our annual vacation budget that analysts could fairly talk about.

    Kaimu, don't forget when you talk about social security, it is not a welfare program.  For those of us who will never be paid back what we paid in, social security is a mandatory retirement investment program that has been criminally mismanaged and guess what?  I neither approved of or agreed with most of what Washington spent my money on.  One program has always gripped me.  If I want to send aid to Kasbekistan, I am free to do that.  What right does the US have to take money out of my paycheck and send it overseas?!

    So is social security a ponzy scheme or protection racket?  The use of force (mandate) to collect money doesn't quite fit with a ponzy scheme.  In that scenario, a unwary investor voluntarily contributes.  Me, I've know for decades that I won't see much from social security system and yet I continued to pay in.  Why you ask?  Because I had no choice.

    That raises another somewhat philosophical or semantic question.  If it's a protection racket, does that make politicians blue collar criminals instead of white collar criminals?  Inquiring minds want to know.

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  • Thu, Mar 27, 2014 - 2:18pm

    #9
    cowtown2011

    cowtown2011

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    Posts: 32

    Weather Impact

    I have to say that weather has had a neutral impact on the company I work for, the cold weather has been a great benefit to our energy division (propane, heating oil, etc.) but caused a slow down in our construction products division due to the weather negatively impacting construction jobs, delivery efforts, etc. We haven't' seen this kind of cold weather in 20+ years and we are no longer staffed or have the resources to service it properly due to efforts to be become as lean as possible. Although mass media is blaming everything on the weather, it has been a significant factor to our business and I'm sure to others.

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  • Thu, Mar 27, 2014 - 2:22pm

    #10
    Doug

    Doug

    Status Platinum Member (Offline)

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    Posts: 1358

    perspective

    Wendy and Les

    You are both right, but may be avoiding the central truth of our current predicament, which is structural, not totally the product of poor gov't choices or temporarily subpar economic forces.  What follows is largely my impressions, partially informed by long experience inside the "system."

    As I have pointed out before, Social Security (SS) encompasses a number of programs, some of which are funded by trust funds kept afloat by mandatory payroll taxes, and some of which are essentially welfare programs funded by the federal budget.  The SS Retirement fund is probably the least endangered of all the programs.  Small adjustments now (reduce benefits and/or increase taxes) will make it solvent for a long time. 

    Supplemental Security Income (SSI) pays both poor disabled and aged people who are not entitled to full disability or retirement benefits, and who meet means testing requirements.  These programs come directly from the federal budget.

    Both of the disability programs have seen steady increases in enrollment since the 70's with a sharp spike in applications since the 2008-9 economic collapse.  At the same time, the pressure from tptb within the Federal gov't has been in favor of granting more applications.  Plus, state social service agencies have hired staffs of lawyers and paralegals to make sure welfare recipients apply for SS benefits and income to shift the burden from the states to the Feds.

    Same goes for the SS retirement and old age programs.  It is no secret that the private and public sectors have been laying off older people who have the poorest chances of being rehired in a deteriorating economy.

    These are trends that are a few decades old and are not going away for all the reasons discussed here on PP, particularly the disappearance of cheap energy.  There is no doubt in my mind that the increases in outlays for all the gov't social service programs are intentional at some level because tptb don't want pissed off people in the streets raising hell because they have run out of options.  The private sector cannot absorb the available labor short of some kind of serf or slavery system.  We are, after all, competing with 3rd world countries that already operate as some such systems.

    And then, of course, these pressures express themselves in an insane drive to extract every ounce (if that's the right word) of fossil energy still in the ground, culminating in what is likely the true crisis of our and our children's time, climate change including increasingly variable weather and other environmental disasters.  There is still time to at least stop contributing to these impending cataclysms, but it is running short.  We need to focus on the underlying problems and, in a sense, stop blaming the problems on the victims of our deteriorating economic system.  We are all in this together.

    Doug

    PS, see Mark's latest on the climate change thread.

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  • Thu, Mar 27, 2014 - 2:48pm

    #11

    jtwalsh

    Status Bronze Member (Offline)

    Joined: Oct 01 2008

    Posts: 261

    Winter Of 2014

    In New England the coldest winter in thirty years seems to have had an effect on the consumer economy.  Stores and restaurants appeared less full in the weeks since New Years.  Part of this is probably due to everyone suffering from dramatically higher utility bills. I think the rest can be attributed to plain old winter induced seasonally affective disorder.  Even the heartiest among us gets a little depressed and a lot of cabin fever during this type of winter.

    However, I think Chris is correct in his assessment that weather issues only delay spending instead of totally derailing it. Apart from money spent for heating, the consumers seem ready to roll.  Last weekend, Saturday was warm and sunny for the first time in months. The traffic was triple normal volume everywhere I went. It felt like people were making up for lost time and I would bet they were itching to spend some of the money saved when they couldn’t get out and about.

    Looking forward to warm weather.  I promise not to complain about summer heat this year.

    JT 

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  • Thu, Mar 27, 2014 - 3:10pm

    #12

    Dogs_In_A_Pile

    Status Platinum Member (Offline)

    Joined: Jan 04 2009

    Posts: 810

    I wouldn't completely dismiss it....

    Perhaps a non-deterministic relationship?  Consumers spending more on energy/heating have less disposable income to buy "stuff".  I can see where a company's bottom line could/would be affected.  Throw in the tough to predict impact on lines of shipping where a distribution end can't get goods because of disruptive weax between shipping source and final destination.

    I suppose the opposite of Laplace's demon is Laplace's angel?  Entropy just isn't what it used to be…..

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  • Thu, Mar 27, 2014 - 4:06pm

    Reply to #12
    Doug

    Doug

    Status Platinum Member (Offline)

    Joined: Oct 01 2008

    Posts: 1358

    anecdotally

    I have an in-law who is a long time exec at UPS.  According to him the holiday season was by far the busiest he has seen in his 30+ years with the company.  This suggests that there may be something structural going on since most of the holiday season was before this endless awful winter really got going.Doug

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  • Thu, Mar 27, 2014 - 4:15pm

    Reply to #8

    kaimu

    Status Member (Offline)

    Joined: Sep 20 2013

    Posts: 161

    SOCIAL WELFARE

    Aloha! "Kaimu, don't forget when you talk about social security, it is not a welfare program." 
    True … However, it is welfare when your benefits exceed your contributions as in my own Mother's case. She gets $800 per month for 21 years  and I count three jobs she had her whole life that barely lasted one year.
    The first social security recipient should have been the first clue to the system …
    Ida May Fuller (September 6, 1874 – January 27, 1975[1]) was the first American to receive a monthly benefit Social Security check. She received the check, amounting to $22.54, on January 31, 1940.
    Fuller was born on a farm outside LudlowVermont. She spent most of her life in Ludlow, working as a legal secretary, but lived with her niece in Brattleboro, Vermont during her last eight years. She retired in 1939, having paid just three years of payroll taxes. She received monthly Social Security checks until her death in 1975 at age 100. By the time of her death, Fuller had collected $22,888.92 from Social Security monthly benefits, compared to her contributions of $24.75 to the system. 
    She paid in $22.54 and her first benefit check was $24.75! She collected $22,888.92 total! That's like a 93,000% return on her "investment"!
    However that 93,000% "social welfare" pales in comparison to the multitude of corporate welfare, including the use of the US military to enhance corporate holdings and open doors to new holdings and/or customer base and to annihilate the competition!
    Lets also not forget the "Congressional welfare" commonly known as their "pay check"!
    Which leads me to the biggest CON JOB, which was the promise that the dollars I paid into the system in 1970 would buy the same goods and services as the dollars that will be paid back to me in 2019! There we have the real PONZI …
     
     

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  • Thu, Mar 27, 2014 - 4:44pm

    Reply to #12

    Dogs_In_A_Pile

    Status Platinum Member (Offline)

    Joined: Jan 04 2009

    Posts: 810

    Why were they busy?

    [quote=Doug]I have an in-law who is a long time exec at UPS.  According to him the holiday season was by far the busiest he has seen in his 30+ years with the company. 
    [/quote]

    Hey Doug –
     
    How've you been?
    Why were they busy?  If I recall the pre-Christmas delivery fiasco that hit UPS and FedEx, it was in part weax related events that shut down air hubs?  At least that's what UPS "officials" said while the US Postal Service was making their deliveries.
     
    http://www.politicususa.com/2013/12/26/ups-fedex-ruin-christmas-prove-republicans-wrong-killing-post-office.html
    http://usnews.nbcnews.com/_news/2013/12/25/22047875-ups-fedex-draw-fire-after-christmas-delivery-problems?lite

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  • Thu, Mar 27, 2014 - 5:07pm

    #13

    thebrewer

    Status Bronze Member (Offline)

    Joined: Nov 07 2012

    Posts: 35

    What Recovery??

    I'm not sure where in this country a recovery is happening but it's not here in CT.

    From my point of view I see the cost of everything rising. In the last five years I've seen gas double in price, food has gone up at least 40%+, utilities are up, health insurance has doubled, but you know what's not up, wages.

    My wife has been with her company for 22 years and her last raise was in 2007! Prior to that she received one every couple years like clockwork. In the last three years her company has eliminated the contribution to 401K, eliminated profit sharing (because there are none), and as people have left through attrition, they have not been replaced. The work load is still the same so everyone just works more hours. What's different is that her company has had to be more and more aggressive on bids in order to get work.

    Myself, I'm self employed but I can look at my tax returns for the last 5 years and my income is flat although I've gone from about 50 hours a week to 70 just to maintain flat growth.

    The people I know around town who have lost jobs in the last few years are all mostly still unemployed. Not all but easily over half, and of the half that did find some work, many of those were just part time. Some are working two part time jobs.

    Our local newspaper used to have 6 or 7 pages of job listings in it, now it is less than half a page, and several of those jobs are openings at the paper to sell ad space.

    So I say again, "What Recovery"?

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  • Thu, Mar 27, 2014 - 6:58pm

    Reply to #10

    LesPhelps

    Status Silver Member (Offline)

    Joined: Apr 30 2009

    Posts: 465

    Doug wrote:And then, of

    [quote=Doug]
    And then, of course, these pressures express themselves in an insane drive to extract every ounce (if that's the right word) of fossil energy still in the ground, culminating in what is likely the true crisis of our and our children's time, climate change including increasingly variable weather and other environmental disasters.  There is still time to at least stop contributing to these impending cataclysms, but it is running short.  We need to focus on the underlying problems and, in a sense, stop blaming the problems on the victims of our deteriorating economic system.  We are all in this together.
    [/quote]
    I don't blame the victims.  I pretty much blame the government and the puppet masters who control the government.
    I don't believe for a second that climate change is the biggest problem that our children will face.  I think global economic collapse will trump all other issues for the next couple of generations.
    Personally, I think the entire climate change issues lacks a certain amount of clarity.  Perhaps the main culprit in that regard is the IPCC, or perhaps the science is as confusing and complex as the make it out to be.  I read a book years ago that had a simple decision tree:
    1. The globe is warming or it's not.  If it is then:
    2. The warming is anthropogenic or it's not.  If it is anthropogenic then:
    3. Global warming is a bad thing or it's not.  If it is bad then:
    4. We have the capability to stop global warming or we do not.  If we can stop it then:
    5. The impact of stopping global warming on humanity is less that allowing global warming to continue.
    There are a lot of derailers in that decision tree.
    One believer in the global warming science pointed out that the society created by rampant use of low cost energy has made possible literally billions of human life times that would not have been possible in a lower energy consumption society.  He considerd that a benefit worth the cost.
    It's a bit of a non-issue for me.  I have reduced my carbon foot print more than most climate change proponents because of my fear of peak oil.  So convincing me I am possibly misguided doesn't gain you much.

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  • Thu, Mar 27, 2014 - 7:18pm

    Reply to #8

    LesPhelps

    Status Silver Member (Offline)

    Joined: Apr 30 2009

    Posts: 465

    kaimu wrote:True ...

    [quote=kaimu]
    True … However, it is welfare when your benefits exceed your contributions as in my own Mother's case. She gets $800 per month for 21 years  and I count three jobs she had her whole life that barely lasted one year.
    [/quote]
    I can pretty much guarantee that my benefits will not exceed the contributions that I made plus the contributions that my employers made on my behalf.  I can absolutely guarantee that my benefits will not be anywhere close to what I paid in on an inflation adjusted basis.

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  • Thu, Mar 27, 2014 - 7:45pm

    Reply to #12
    Nate

    Nate

    Status Silver Member (Offline)

    Joined: May 05 2009

    Posts: 316

    DIAP is back!

    Good to hear from you!

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  • Thu, Mar 27, 2014 - 7:48pm

    #14

    KugsCheese

    Status Gold Member (Offline)

    Joined: Jan 01 2010

    Posts: 821

    GDP 2013 Qtr4 Final Estimate

    The 2013 Qtr4 GDP was revised up 0.2% on health care purchases, i.e. forced BOcare policy purchases.  Did the report factor in less retail spending because of these forced health care purchases?  No!!!

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  • Thu, Mar 27, 2014 - 8:24pm

    Reply to #10
    Doug

    Doug

    Status Platinum Member (Offline)

    Joined: Oct 01 2008

    Posts: 1358

    Well, we have passed step 3

    Well, we have passed step 3 and are somewhere in step 4.  There's no doubt the science is complex, but if you attempt to follow it our situation is fairly clear.  The real questions center around how bad it will get if we continue on a bau path, take moderate measures or go on a global crash plan to stop it.  To paraphrase someone (I don't remember who, but many have made the point) the highest and best use of our remaining fossil fuel is to use it to figure out how to live without it.We are learning more about the consequences of continued injection of CO2 and other ghgs, and the news isn't good.  The more we look, the more we discover that its worse than we thought it would be.  See Mark's latest post for a recently discovered example.
    https://www.peakprosperity.com/forum/definitive-global-climate-change-aka-global-warming-thread-general-discussion-and-questions/71?page=40#comment-165135
    Not only are we killing off fisheries and coral reefs in the oceans with acidification, but it turns out to be a positive feedback for more warming.
    [quote]I don't believe for a second that climate change is the biggest problem that our children will face.  I think global economic collapse will trump all other issues for the next couple of generations.[/quote]
    As I have pointed out before, we have lived through countless economic collapses and always manage to muddle our way through and come out the other end with a new system that lasts for a while before it too collapses.  Bad things happen along the way, but our fundamental primary "wealth", the earth, is still there to support us. 
    We haven't been here before climatically.  There is a very real issue as to whether we as a species can survive that kind of environmental collapse and there is certainly the question of how many other species will survive.  We are already in the 6th great species extinction thanks largely to human behavior.  How much damage can the earth absorb before it quits supporting us?  Nobody really knows.  Therefore, the cautionary principle should dictate our behaviors. 
    What I know for certain is that this has been the coldest snowiest winter I have seen since I moved here 32 years ago.  I have never seen the Great Lakes 90% ice covered before.  It remains to be seen how my fruit and nut trees survived the winter since nothing is even close to moving out of dormancy.  The ground is still frozen.  13 of the 14 warmest years on record globally have occurred in the 21st century.  Fisheries and coral reefs are dying globally.  Ice is melting faster than predicted by those alarmist scientists globally. 
    [quote]One believer in the global warming science pointed out that the society created by rampant use of low cost energy has made possible literally billions of human life times that would not have been possible in a lower energy consumption society.  He considered that a benefit worth the cost[/quote]
    He/she is probably right…so far.  But the addiction is now turning on us, as addictions tend to do, and apparently we can see nothing to do but increase our dosage.  I fear for my children.
    Doug

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  • Thu, Mar 27, 2014 - 8:31pm

    Reply to #12
    Doug

    Doug

    Status Platinum Member (Offline)

    Joined: Oct 01 2008

    Posts: 1358

    Glad to see you back DIAP. 

    Glad to see you back DIAP.  Although I don't recall the precise language used, my strong impression is that he attributed an unexpected increase in shipping to online buying instead of brick and mortar shopping.  Certainly harsh weather toward the end of the holiday season could have contributed to that trend.Doug

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  • Thu, Mar 27, 2014 - 8:40pm

    #15
    Cornelius999

    Cornelius999

    Status Bronze Member (Offline)

    Joined: Oct 17 2008

    Posts: 362

    And I though it was only us

    And I though it was only us Irish who talked about the weather so much because it was a safe subject in a small parish !  Actually, the weather in Britain and Ireland in recent months has been the wettest in historical records with flooding and encroaching of record high waves on previously untouched areas. Climate change is no longer scorned in these islands, now even politicians voluntary bring up the subject in conversation.

     

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  • Thu, Mar 27, 2014 - 11:19pm

    #16

    Wildlife Tracker

    Status Silver Member (Offline)

    Joined: Jan 14 2012

    Posts: 405

    Hydro-electric barrel

    I rarely get excited about new inventions, but I stumbled across this generator and I think it is just amazing.

    It's simple, low-impact, high potential to be produced cheaply due to few moving parts, and I can see high-utility value from this tool. The only problem is this guy is not selling them yet. 

    http://www.hydro-electric-barrel.com/index.html

    This video is 2 years old so I am wondering if the company went out of business?

    ICMicroGen website down ( the company who planned to produce it)

    http://icmicrogen.com/

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  • Fri, Mar 28, 2014 - 10:40am

    #17

    Shobnaamkooly

    Status Member (Offline)

    Joined: Mar 28 2014

    Posts: 1

    Weather Is 1,557% More Harmful Than Helpful To Corporate Profits

    It's really helpfully discussed. Thank you for the great post.

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  • Fri, Mar 28, 2014 - 4:47pm

    Reply to #12

    Nervous Nelly

    Status Bronze Member (Offline)

    Joined: Nov 24 2011

    Posts: 179

    Even he's fed up.

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  • Fri, Mar 28, 2014 - 5:22pm

    #18

    SailAway

    Status Silver Member (Offline)

    Joined: Aug 11 2010

    Posts: 234

    This season’s epic winter in 90 seconds

    http://youtu.be/CMrAS4EJkG8

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  • Sun, Apr 13, 2014 - 4:22am

    Reply to #8
    osb272646

    osb272646

    Status Bronze Member (Offline)

    Joined: Mar 14 2010

    Posts: 42

    Les Phillips

    You'll find out that if you actually sit down and apply the math, your contributions plus employer's contributions will fall far short of what you get back out.  All you have to do is live 'til you're 82.  The fundamental reason is that politicians have been buying the votes of greedy people like yourself[Moderator's note: Calling other users greedy is an unacceptable attempt to ratchet the conversation up into emotional territory, which is not helpful.  It is contrary to our forum rules.  Furthermore, it is not something that you would likely do in person — it is an abuse of the anonymity of the internet.  This is a warning.]
    for decades, and as the time gets closer, the greedier you get, trying to protect your little nest egg.
    If you want to opt out of the system now, then just opt out.  No need to complain to anyone on this blog or anyone else, for that matter.  Just get out, and then you won't have any reason to complain.  Kapish? [Moderator's note: Ahem . . .]
     

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  • Sun, Apr 13, 2014 - 4:37am

    Reply to #11
    osb272646

    osb272646

    Status Bronze Member (Offline)

    Joined: Mar 14 2010

    Posts: 42

    JT Walsh an island

    Of sensibility.The weather in winter has had a bad impact on the economy.  In early April we were in a holding pattern to see if the economic indicators will turn up.  Mid April, they are now doing so.  Common sense said they would.  But during the lull, the naysayers made their hay, again.
    If you haven't gotten on the train by now, it's too late.  Once more the negativity had cost you money, but no big deal, everyone's got their kerosene lanterns to keep them company, right?  <grin>.  Don't worry, it'll come back around again, and you'll get another shot, but at a higher price.
    Don't let life pass you by.  As others on this blog have noted, for 40 years they've been predicting armaggeddon and it just hasn't happened.  What will you do when you're 60 and still waiting for redemption?
       
     
     
     
     
     
     
     
     

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  • Sun, Apr 13, 2014 - 4:51am

    Reply to #3
    osb272646

    osb272646

    Status Bronze Member (Offline)

    Joined: Mar 14 2010

    Posts: 42

    If they keep saying it long enough .......

    The same thing could be said about the so called collapse.  How long do we keep waiting for it, rather than getting off that horse and jumping on a different one, that runs toward a positive outlook and prosperity for oneself and the rest of humanity?  Many have vacated this corral.  Ask yourself, who gains from preaching this negativity? 
     

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  • Sun, Apr 13, 2014 - 1:05pm

    #19

    jtwalsh

    Status Bronze Member (Offline)

    Joined: Oct 01 2008

    Posts: 261

    Positive Prosperity

    osb272646

    Thanks for the remarks.  Based on my own subjective and purely anecdotal evidence, now that the weather has finally improved, New England folk seem to be out and about and spending.  

    The most important reason I come to Peak Prosperity is that many, if not most, of the participants are not just "doom and gloom" but are looking for ways to live life in a more balanced way. They are willing to share their knowledge and experience gained in pursuit of the same. Maybe because I have already gone over the "sixty" hill and am heading down the other side, I have a some what different outlook on things.  Taking the long view, I try to prepare myself and my family for whatever may come, but more importantly I try to focus on making a life that is sustainable and personally rewarding. It is a balancing act but you can work on both things at the same time.  A lot of what people call "prepping" is supportive of sustainable living.

    I think I would be doing a lot of what I have done in the past few years, even if there were no threat of dramatic economic or environmental upheaval.

    Good luck in your endeavors.

    JT

     

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