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FRACKING IS THE FUTURE

Twenty-three years ago this Sunday, August 24, 1991, Ukraine - by a vote of its Parliament of 321-2 - seceded from the Soviet Union and declared its independence.  Russian fascist imperialists have been desperately trying to reconquer it ever since, from massive bribes to Ukrainian politicians to be pro-Russia, to KGB destabilization of Ukraine's government, to KGB poisoning of Orange Revolution leader Viktor Yushchenko, to holding it hostage to Gazprom gas, to Putin's seizure of Crimea and attempt to seize all of eastern Ukraine. Putin's frantic aggression in Ukraine is not based entirely on a revanchist desire to recapitulate the USSR.  It turns out there's a lot of frackable shale gas in Ukraine's east - over 140 trillion cubic feet (tcf) in the Yazivska field alone right near where Putin's agents shot down MH17. The economy of Russia is an upside-down pyramid balanced not on its base but on its tip of Gazprom gas sales to Europe.  Should European countries start to frack their own reserves, Gazprom dies and Russia with it. Thus Putin has been bribing every EU bureaucrat, politician, journalist and enviroweenie he can to protest against, denounce in the news, and pass laws to ban fracking.  It has worked marvelously - until now. 

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GOOD NEWS IS NO NEWS

Is this the most ghastly season ever? August 2014 has brought rich pickings for doom-mongers. From Gaza to Liberia, from Donetsk to Sinjar, the four horsemen of the Apocalypse - conquest, war, famine and death - are thundering across the planet, leaving havoc in their wake. And (to paraphrase Henry V), at their heels, leashed in like hounds, debt, despair and hatred crouch for employment. Is there any hope for humankind? Think only of how often you have seen images of dead children this summer: strewn across a cornfield in Ukraine, decapitated on a street in Iraq, blown apart on a beach in Gaza, wounded in a hospital in Syria, being buried in Liberia. The fate of the girls kidnapped by Boko Haram in Nigeria is hardly any less horrible. Man is a wolf to man. In the world of money you can find plenty to cry about too. Argentina has defaulted on its debt. Britain's national debt has doubled in four years. The Eurozone is in permanent recession and teeters on the brink of its next crisis. Stock markets are wobbling. All true and all horrible. But the world is always full of atrocity, violence, death and debt. Are things really worse this year or are journalists just reporting the clouds in every silver lining?

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HOW MANY BUREAUCRATS ARE LEGALIZED CRIMINALS?

Do you think people in government are more or less honest than those in the private sector? A major function of most regulatory agencies is to keep those in the private sector honest and from abusing power. Yet we know that those in government often abuse the power that has been entrusted to them. The American Founders were well aware of the problem. As Thomas Jefferson warned: "The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first." As the size of government has grown, and particularly the bureaucratic state, the chains of the Constitution have been loosened, and predictably the abuse of power has also grown -- the Internal Revenue Service (IRS) being Exhibit A. Exhibit B is the ways bureaucrats and politicians enrich themselves and their cronies with insider trading -- a criminal offense for anyone outside of government but not within.

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HILLARY WILL MAKE ZERO A DEAD DUCK – WILL SHE MAKE HERSELF ONE TOO?

The Obamas and the Clintons detest each other, insiders say. Which isn't surprising. Aside from Bill - who's a scoundrel, but an affable one - they aren't very likeable. Even if Barack Hussein Obama were as swell a guy as Barack Hussein Obama thinks he is, he snatched from Hillary the prize she's lusted for most of her life. A better person than she is would harbor some resentment. So when Hillary and Barack "hugged it out" at a party in Martha's Vineyard a few days after she'd criticized his conduct of foreign policy in an interview with Jeffrey Goldberg of the Atlantic magazine, a new world record for a public display of insincerity was set. Hillary has just begun to hammer Barack, thinks New York Post columnist John Podhoretz. He'll get more unpopular as the tragic consequences of his policies pile up, so she thinks she must run  "as his sadder but wiser replacement - the one who saw it go wrong." Journalists shielding the president now will join the critics after the midterm elections. Preserving the viability of the next Democrat candidate for president will matter more then than whitewashing the record of this one.https://forums.tothepointnews.com/viewtopic.php?f=3&t=76860&p=78304#p78304

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DRUNK DEM THUGS AND THE PHONY INDICTMENT OF RICK PERRY

Remember Barack Obama telling his followers to always "bring a gun to a knife fight"? Like good subjects do, his supporters in Texas obeyed. Friday (8/15), Texas Gov. Rick Perry was indicted on two counts of abuse of power.  This ridiculous politically motivated "indictment" of Governor Rick Perry stems from the ugly thug tactics of the "politics of personal destruction" that the left is known for. They draw blood and leave scars on conservatives who threaten their political power, hoping the threat retreats and hoping his or her base of support remains silent in fear of becoming collateral damage. First and foremost, today's liberals have no shame. Case in point: Travis County District Attorney Rosemary Lehmberg.  Here are the drunk, ugly, and thuggish details.

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HALF-FULL REPORT 08/15/14

We begin by noting the passing of two famous women this week.  The first is the natural death at 89 of Lauren Bacall, a woman of sublime beauty, character, class, and talent:

lauren_bacall.png
She became a Hollywood icon with her very first movie in 1944, To Have and Have Not with Humphrey Bogart, whom she subsequently married.  Her "whistle" scene remains today as one of the most famous in motion picture history. The second passing is the political death at 66 of a lady who is the antithesis of beauty, character, class, and talent:
hillary_mib_weird.png

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THE MIRACULOUS BREAKTHROUGH YOU NEVER HEARD OF

You're probably reading this on your computer, iPad, or smartphone. When we drive somewhere new we get precise directions with real-time traffic information via GPS. We carry music, movies, and truckloads of files in a gizmo no bigger than our thumb. We store thousands of books and read them off of small pads, in an instant. We find any bit of information we desire to know through the Internet. And we can talk by phone to almost anyone from almost anywhere - with live video included if we like. These technological miracles are part of our everyday lives; and such revolutionary inventions as the television, telephone, air travel, microwave ovens, and even rocket ships are so... 20th Century. They're like background noise to us now. But we are aware of them, and when I mention these technological breakthroughs, most readers will recognize and appreciate them immediately. Yet there's a much more revolutionary transformation that we enjoy today that most of us have no awareness of whatsoever... a revolution in our very humanity, a revolution that bodes well for our very existence. The chances are you've never heard of this, in part because of another technological development: television news.

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ARE WE REALLY GOING TO LET THIS HATE-AMERICA PRESIDENT DESTROY US?

I was having dinner with Robin Williams' next door neighbor when we both learned of his suicide.  We were on a cruise ship on the Baltic Sea, where I was a lecturer.  We were both shocked at the news, he less than me. "I didn't know him well," he said, "and mostly saw him when he was walking his dog along our street in Tiburon.  He was always friendly and had a nice smile for you.  I must say, though, that over the last couple of weeks, he seemed quite depressed as if a dark heavy cloud was pushing down on him.  As a medical doctor, I was concerned." Most any of us can rattle off their favorite Robin Williams movies.  Mine are Dead Poets Society, Good Will Hunting, Hook, Jumanji, Good Morning, Vietnam - and my favorite of all, Moscow on the Hudson.  Made in 1984, it was wonderfully pro-American and anti-Soviet. He was extraordinarily gifted and talented, beloved and admired by millions, wildly successful, enormously famous, and mega-rich.  Yet at 63 in the prime of his life, he willfully terminated his existence.  Whatever demons he had living in his brain, he let them defeat him.  There should be a sobering lesson in his tragedy for us as Americans.

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HOW OBAMA IS RESPONSIBLE FOR THE ISLAMIC HORROR IN IRAQ

U.S. air strikes have permitted thousands of Yazidi refugees surrounded by the brutal terrorists of the Islamic State (previously known as ISIS or ISIL) to flee, the Pentagon announced late last night (8/13). But military experts say the limited military actions President Barack Hussein Obama has authorized won't stop the relentless advance of IS, which in the last two weeks has seized from the Kurds many towns, two oilfields, the Mosul dam. IS controls "a volume of resources and territory unmatched in the history of extremist organizations," said Janine Davidson of the Council on Foreign Relations. Mr.  Obama likened the IS terrorists to a "jayvee team" in an interview in January. He blames his Mother of All Miscalculations on bad intelligence. That's not true, said the head of the DIA. Underestimating IS was a policy failure, not an intelligence failure, said former CIA Deputy Director Michael Morell. "The intelligence community has been trying to warn him about this for well over a year - about the blitzkrieg in Iraq for months - and the White House just shut down," said retired Army LtCol. Ralph Peters, a former intelligence officer. We may not be interested in war, but war may be interested in us. IS says it's planning attacks in America. IS can hurt us much more than al Qaida ever could, says Iraq war vet David French.  The IS is a metastasizing cancer for which Mr. Obama bears considerable responsibility.

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OIL PRICE FALL AND RUSSIAN RUIN

Oil prices have fallen to a nine-month low, with surging supply from OPEC - the Saudis have opened the taps - the US flooding the market, and fresh demand wilts, leading to an "oil glut" in the Atlantic region despite the twin crises in Iraq and Russia. The Paris-based International Energy Agency (IEA), the leading oil think tank, said yesterday (8/12) that the world will consume less crude than experts had thought this year. Saudi Arabia's supplies are running at the highest level since last September and crude from Libya is back on the market. The IEA cut its forecast for the rise in global consumption to just 1m barrels a day (b/d) this year due to near recession conditions in Europe and as pervasive weakness in the world economy disappoints. This comes as supply rises by a further 300,000 b/d beyond what was already planned. The warning sent Brent crude prices tumbling to $104 a barrel, the lowest this year.  US crude is now at $96. The sudden shift in the balance of the market has allowed the OECD club of rich states to build up their oil stocks at the fastest rate in eight years, creating an extra layer of protection against any possible supply shock from Russia and Iraq.  This good news is disastrous for the Kremlin.

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