Editor's Note: OK, this is a blog called Money Daily, which means that there should at least be a post every day. That sounds reasonable enough, but, as a writer, editor and publisher for many years (spanning the decades from the 1980s to the present), I'm old enough and wise enough to realize that - unless I'm serially unemployed (not yet, but working on it) or have no other obligations in life (sadly, I do) - writing something coherent and reasonable and, yes, maybe even stimulating and/or thought-provoking every day is a tall order.
Nevertheless, I've taken a long hiatus of about one year due to moving (twice), running another business (badly), managing a five acre property (working) and sawing and chopping lots and lots of wood to burn this winter (working on that too), and that is now at an end, mainly because I have found more free time, a renewed interest in money, economics and politics and because something inside me tells me I can long longer be silent on a growing number of issues.
To that end, I'll endeavor to put something on this blog every weekday (come on, everyone needs a weekend) and sometimes on weekends. I will do my best to write posts that are entertaining, enlightening, interesting and provocative. And, I'll go back to using my most significant and enduring signature. --FR
In Paris, France, recently, two weeks were spent by highly-paid representatives from nearly 200 countries to reach an agreement that is not binding on any of the participants, includes goals and suggestions that individual countries can choose to either accept or reject, and a vast array of proposals that are unenforceable.
This is the cumulation of the global climate change summit just ended in Paris over the weekend. It also marks the beginning of the end of the absurd notions of the "climate change" proponents. No nation would agree to a mandated agreement, particularly the United States of America, because it would have required approval from our congress, which was a dubious outcome at best.
Not to belabor the issue, the climate change agreement - hailed by Secretary of State John Kerry as "significant" on FoxNews Sunday, today - is yet another glowing example of the failed leadership in the global community. Thousands of delegates gather together to plan, prepare, eat, drink, party and come up with an agreement that is null and void from the start.
In other words, the entire exercise was a complete waste of time, energy and (using the term very, very loosely) talent. The delegates, for wasting so much time and TAXPAYER MONEY, should be docked two weeks pay. Further, the people responsible for this latest craziness - a non-binding agreement to not raise the global temperature by another degree by 2050 - should simply resign, if for only the paramount reason that they have no real clue of what they're supposed to be doing, other than possibly enriching themselves and their close business allies.
Climate change is real. The climate is always changing. There's no doubt about that. But, thinking that humans are actually causing the climate to change in any significant way, or, the ultimate hubris of thinking that they can actually do anything to fix it, is just plain stupid.
The climate change agreement is a farce. A total disgrace. Let's just be happy that the issue won't be addressed again for - from what I'm hearing - another eight years - 2023. Well, at least that's good news.