Sunday, January 6, 2013

The Democrats' War on Science Aids Our Enemies

Articles: The Democrats' War on Science Aids Our Enemies
The first fairly public effort in this direction is the ridiculous anti-fracking film starring Matt Damon financed in part by OPEC member United Arab Emirates.
Now, following a technological revolution yielding to burst of domestic energy production, wealthy oil producers in the Middle East have become a pro-Democratic constituency.
Who'd have thunk?
The Promised Land, an upcoming film starting Matt Damon and Frances McDormand, is the story of a morally conflicted energy worker who comes to a small American town to extract the local energy supply via hydraulic fracturing ("fracking").
Damon, the protagonist, confronts an ethical conundrum when he is forced to choose between the greedy and villainous energy producers who employ him and a local environmental activist who stole his heart.
Spoiler alert: the environmental activist wins.
According to an investigation by the Heritage Foundation, however, it turns out that a portion of the financing for the film comes from the oil-rich royal family of the United Arab Emirates.
The film was produced in association with Image Media Abu Dhabi, a company owned by the UAE government.
The benefits for oil exporters abroad to increase the politically-imposed restrictions on "fracking" technology are self-evident.
Employing Hollywood to get that message across is, however, a game-changing and previously unavailable strategy for Middle Eastern oil exporters.

Beware the bond bubble in 2013

Beware the bond bubble in 2013 - Jan. 3, 2013
Plus, the fact that the bond market has become so crowded is a danger in itself, said Ryan Detrick, senior technical analyst at Schaeffer's Investment Research
"Bonds are definitely an area we would lighten up exposure," he said.
"If we've learned anything over the past 100 years of market history, it is that when the crowd thinks one way, you might want to go the other way.

EyeOnMuskegon 1-6-2013