Category Archives: Industry Jobs Oil Economics

Germany: Merkel, What the Heck?

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Cant make this up, and it is an attitude and policy that is infectious especially with Barack Obama and Hillary Clinton.

German army wants security checks for recruits after admitting more than 60 Isil suspects in its ranks

German Defence Minister Ursula von der Leyen (CDU) speaking with soldiers 

Telegraph: The German army has said it wants tougher security checks on recruits after admitting that more than 60 Islamists are suspected of infiltrating its ranks.

In a draft amendment seen by German newspaper Welt am Sonntag, senior Bundeswehr officials said all applicants should be screened by the intelligence services for jihadist links before they begin basic training.

And they disclosed that 64 Islamists are already feared to have embedded themselves within the armed forces, along with 268 right-wing extremists and six left-wing extremists.

Terrorists are attracted to the army because they can use the training to plot future terror attacks in Germany, the document added.

“The German army trains all of its members in the handling and usage of weapons of war,” it said, “[terrorists] could use those skills acquired in the army to carry out well-prepared acts of violence at home or abroad.”

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The proposals would lead to a major overhaul of the country’s recruiting policy as under the current system soldiers are only checked for Islamist ties once they have enlisted.

They would  also require an extra 90 military officials to be hired in order to carry out a further 20,000 checks per year.

The reforms, which would cost an estimated 8.2 million euros (£6.9m) per year, are expected to be approved by German commanders next week, Welt am Sonntag reported.

A Defence Ministry spokesman said the government was still in the process of debating the law, which if approved would come into force in July 2017.

Germany is on high alert following a spate of deadly attacks last July, two of which were claimed by the Islamic State in Iraq and the Levant (Isil).

On July 18 an Afghan refugee attacked passengers with an axe on a regional train in southern Germany, injuring four people before he was shot by police.

Officials said they found an Isil flag in the 17-year-old’s room and it later emerged that he had pledged allegiance to the group in a video posted online.

A week later, on July 25th, a Syrian refugee blew himself up in the southern town of Ansbach, killing himself in the blast and wounding 12 others.

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When police raided his flat they found violent videos, bomb making materials and a message on his mobile phone in which he said he carried out the attack on behalf of  Isil leader Abu Bakr al-Baghdadi.

Thomas de Maziere, the German Interior Minister, has already called for tougher security measures which would include a ban on the burka and legal reforms that would make it easier to deport terror suspects.

He is also in favour of a Europe-wide proposal to force the developers of encrypted messaging services such as Telegram to hand over data to the security services.

Telegram has attracted controversy in the past for being popular among Isil fighters, who use the network to trade weapons and plot attacks while remaining anonymous.

Well there is more….Merkel is out of her mind…

Merkel ‘Underestimated’ Migrant Challenge: Vice Chancellor

Newsweek: German Vice Chancellor Sigmar Gabriel said in an interview on Saturday that Chancellor Angela Merkel’s conservatives had “underestimated” the challenge of integrating a record migrant influx.

08_28_germany_01 Immigrants are escorted by German police to a registration center, after crossing the Austrian-German border in Wegscheid near Passau, Germany, October 20, 2015. Reuters

Gabriel is also leader of the Social Democrats (SPD)—the junior coalition partner in Merkel’s government—and his comments come as campaigning gets underway for a federal election next year and for regional elections in Berlin and the eastern state of Mecklenburg-Vorpommern.

Hundreds of thousands of migrants flocked to Germany from the Middle East, Africa and elsewhere last year. Concerns about how to integrate them all into German society and the labor market are now rife and support for the anti-immigrant party Alternative for Germany (AfD) has grown.

“I, we always said that it’s inconceivable for Germany to take in a million people every year,” Gabriel said in extracts of an interview with broadcaster ZDF released on Saturday.

The head of the Federal Office for Migration and Refugees told newspaper Bild am Sonntag that Germany took in less than one million migrants last year and said he expected a maximum of 300,000 refugees to arrive in Germany this year.

At a separate news conference on Sunday, Gabriel said: “There is an upper limit to a country’s integration ability.”

He said Germany had 300,000 new schoolchildren due to the migrant influx and added that the country could not manage to integrate so many into the school system every year because there would not be enough teachers.

In the ZDF interview, Gabriel also criticized Merkel’s catchphrase “Wir schaffen das,” meaning “We can do this,” which she adopted during the migrant crisis last summer and has repeatedly used since.

Merkel used the phrase at a news conference she held in late July after a spate of attacks on civilians in Germany, including two claimed by the Islamic State militant group (ISIS), that have put her open-door migrant policy in the spotlight. Her popularity has slipped since those attacks.

Gabriel said repeating that phrase was not enough and the conservatives needed to create the conditions for Germany to be able to cope, adding that the conservatives had always blocked opportunities to do that.

Merkel’s migrant policy also drew criticism from Markus Soeder, a senior member of the Christian Social Union (CSU), the Bavarian sister party to Merkel’s Christian Democrats (CDU).

“Even with the best will in the world, we won’t manage to integrate so many people from totally different cultures,” Soeder told German magazine Der Spiegel.

Soeder said Germany needed to send several hundred thousand of refugees back in the next three years rather than bring their families here.

The CSU tends to talk tougher on immigration than the CDU and the two allies have often been at odds over how to respond to the migrant influx.

Iran Evaded Sanctions with Venezuela’s Help

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New evidence Iran evaded sanctions, continued nuclear weapons development with Venezuela

ForeignNewsDesk: New evidence suggests Iran received help from Venezuela with its nuclear program despite a decade of U.N.-mandated sanctions aimed at curbing the rouge regime’s controversial nuclear and ballistic missile programs.

iran_venezuela_nuclear

A 2009 document obtained by Brazil’s leading weekly, Veja magazine, shows late dictator President Hugo Chavez signing off on the release of funds to help Iran with its nuclear ambitions.

Specifically, the document states the funds were to be designated for the import of equipment for a gunpowder factory and the development of production plants for nitroglycerin and nitrocellulose, elements used in rocket propulsion for Iran’s government. There is also the suggestion that Chavez may have helped Iran produce rocket motors.

The document provides written proof that Iran successfully continued with its weapons-building program, circumventing what were perceived as ‘watertight’ sanctions.

The revelation comes as Iran’s Foreign Minister Javad Zarif is currently touring South America visiting Bolivia, Chile, Cuba, Ecuador Nicaragua and Venezuela, in what Iranian officials have billed as a “new chapter” in strengthening political and economic ties between Iran and South American countries.

“In my line of work, I can’t believe in coincidences. I can’t believe that $400 million was given to Iran in cash and now Zarif is running through Latin America. The Iranian regime understands that in Latin America corruption can be used to their advantage,” said Joseph M. Humire, executive director of the Center for a Secure Free Society, who points to the long-standing relationship between Venezuela and Hezbollah, Iran’s terror proxy.

Humire is also the co-editor of Iran’s Strategic Penetration of Latin America.

“Latin America is Hezbollah’s biggest cash cow. It would make sense that this is a very strategic visit by Zarif to continue some of Iran’s previous activities which were challenged because of sanctions,” Humire said, adding that Hezbollah has been deeply involved in drug trafficking in Latin America to offset any financial hardship brought about by the sanctions.

As a member state of the United Nations, Venezuela was obliged to cooperate with United Nations Security Council Resolution 1747 that unanimously called for a ban on arm sales to the Islamic republic.

But uncertainties were already high in 2009 when Turkey intercepted a suspicious shipment from Iran to Venezuela containing 22 containers of lab equipment capable of producing explosives but was labelled as “tractor parts.”

Humire, who has long analyzed Iran’s involvement in Latin America has studied twenty different transactions between the two countries in several areas, finding that even those dealings considered legal, were problematic due to the “dual use” that they could present.

“Iran’s secretive military programs go far beyond violating sanctions. It has to do with providing military and industrial support in these countries,” Humire said.

“At the far end of that, you can begin to speculate they are beginning to develop military assets.”

In a 2011 hearing at the U.S. Senate Armed Services Committee, then head of U.S. Southern command General Douglas Fraser told the committee that the U.S. was concerned about weekly flights between Venezuela and Iran dubbed the “Axis of Evil Express,” that could potentially be used to transport terrorists and weapons.

“My concern, as I look at it, is the fact that there are flights between Iran and Venezuela on a weekly basis, and visas are not required for entrance into Venezuela or Bolivia or Nicaragua,” Fraser told the hearing.

Another discrepancy in Iran’s investments in Venezuela, according to Humire, is considering that if the Iranian regime was after economic growth, they would go to “viable countries like Brazil, Colombia, not the ones that are broke, particularly with the heavy instability in Venezuela.”

Congress knows:

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Federal Land Grabbed, Now the Oceans, Stroke of the Pen

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Obama creates largest ocean reserve, takes heat for new federal decrees

FNC: President Obama, with the stroke of a pen, created the world’s largest ocean reserve on Friday off Hawaii, days after designating a massive federal monument in Maine – moves that have angered local lawmakers who accuse the president of disregarding the impact on residents.

A green sea turtle is seen off the coast of Oahu, Hawaii.

A green sea turtle is seen off the coast of Oahu, Hawaii. (Reuters)

Obama used a presidential proclamation to expand the Papahānaumokuākea Marine National Monument off the coast of Hawaii by over 400,000 square miles. The preserve now stretches 582,578 square miles, the world’s largest marine protected area.

“The expansion provides critical protections for more than 7,000 marine species … [and] will allow scientists to monitor and explore the impacts of climate change on these fragile ecosystems,” the White House said in a statement, citing the support of Sen. Brian Schatz and “prominent Native Hawaiian leaders.”

But the decision drew sharp criticism from the fishing industry and even fellow Democrats, as it will drastically expand the area where commercial fishing and drilling is banned.

Former Democratic Gov. George Ariyoshi said at a rally last month that it came down to the question of who actually owned the ocean.

“The ocean belongs to us,” Ariyoshi reportedly said. “We ought to be the ones who decide what kind of use to make of the ocean.”

Representatives from the fishing industry warn the move will increase prices and imports, The Honolulu Star Advertiser reported. All commercial extraction activities will be prohibited within the area, though non-commercial fishing is allowed by permit.

The regional council that manages U.S. waters in the Pacific Islands said the decision “serves a political legacy” rather than a conservation benefit.

“Closing 60 percent of Hawaii’s waters to commercial fishing, when science is telling us that it will not lead to more productive local fisheries, makes no sense,” said Edwin Ebiusi Jr., chairman of the Western Pacific Regional Fishery Management Council. “Today is a sad day in the history of Hawaii’s fisheries and a negative blow to our local food security.”

 The land grab began: On August 25, 1916, President Woodrow Wilson signed a bill that mandated the agency “to conserve the scenery and the natural and historic objects and wildlife therein, and to provide for the enjoyment of the same in such manner and by such means as will leave them unimpaired for the enjoyment of future generations.”[5] Mather became the first director of the newly formed NPS.[6] Wikipedia

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Celebrate National Parks’ 100th birthday by joining Obama on a (virtual) tour of Yosemite

2014: Through legislation, Congress has provided varying authorities for acquiring and disposing of

land to the federal agencies.31 With regard to acquiring land, the BLM has relatively broad

authority, the FWS has various authorities, and the FS authority is mostly limited to lands within

or contiguous to the boundaries of a national forest. DOD also has authority for acquisitions.32 By

contrast, the NPS has no general authority to acquire land to create new park units. Condemnation

for acquiring land is feasible, but rarely is used by any of the agencies and its potential use has

been controversial. The primary funding mechanism for federal land acquisition, for the four

major federal land management agencies, has been appropriations from the Land and Water

Conservation Fund (LWCF).33 For the FWS, the Migratory Bird Conservation Fund (supported

by sales of Duck Stamps and import taxes on arms and ammunition) provides a significant

additional source of mandatory spending for land acquisition. Funding for acquisitions by DOD is

provided in Department of Defense appropriations laws.

With regard to disposal, the NPS and FWS have virtually no authority to dispose of the lands they

administer, and the FS disposal authorities are restricted. The BLM has broader authority under §

203 of FLPMA. DOD lands that are excess to military needs can be disposed of under the surplus

property process administered by the General Services Administration.34 Further, it is not

uncommon for Congress to enact legislation providing for the acquisition or disposal of land

where an agency does not have standing authority to do so or providing particular procedures for

specified land transactions.

Ownership Changes, 1990-2013

Since 1990, total federal lands have generally declined. There have been many disposals of areas

of federal lands. At the same time, the federal government has acquired many new parcels of land

and there have been numerous new federal land designations, including wilderness areas, wild

and scenic rivers, and national park units. Through the numerous individual acquisitions and

disposals since 1990, the total federal land ownership has declined by 23.5 million acres, or 3.6%

of the total of the five agencies, as shown in Table 3. BLM lands declined by 24.8 million acres

(9.1%)35 while DOD lands declined by 6.1 million acres (29.8%). In contrast, the NPS, FWS, and

FS expanded their acreage during the period, with the NPS having the largest increase in both

acreage and percent growth─3.5 million acres (4.6%). In some cases, a decrease in one agency’s

acreage was tied to an increase in acreage owned by another agency.36  Read more here.

 

Cap and Trade DID Not Go Away

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New Principles to Help Accelerate the Growing Global Momentum for Carbon Pricing

2015:

  • New report shows the number of implemented or planned carbon pricing schemes around the world has almost doubled since 2012, with existing schemes now worth about $50 billion.

 

  • About 40 nations and 23 cities, states or regions are using a carbon price. This represents the equivalent of about 7 billion tons of carbon dioxide, or 12 percent of annual global greenhouse gas emissions.
  • And new report lays out six key principles to put a price on carbon – the FASTER principles – for putting a price on carbon based on economic principles and experience of what is already working around the world

The spotlight is on New York now with the upcoming United Nations meeting on the new Sustainable Development Goals, Climate Week New York, and in about two months, global leaders will meet again in Paris for COP 21.  More from the World Bank.

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California’s Cap-And-Trade Program Is Sick And Will Take High-Speed Rail Down With It

Chuck DeVore,  Contributor

Forbes: California concluded its most recent cap-and-trade program auction last week. Out of 44,268,323 metric tons of carbon dioxide credits offered for sale by the state Air Resources Board, only 660,560 were sold, 1.5 percent of the total, raising a paltry $8.4 million out of a hoped-for $620 million. Last May’s auction was almost as bad, raising $10 million out of an anticipated $500 million.

California’s carbon dioxide cap-and-trade auction program was expected to bring in more than $2 billion in the current fiscal year that ends June 30, 2017, a quarter of which is earmarked for the high-speed rail project narrowly approved by voters in a 2008 ballot initiative. As a hedge against uncertainty, a $500 million reserve was built into the cap-and-trade budget. But, with the August auction falling 98.5 percent short, the entire reserve was consumed in the first of four auctions for the fiscal year.

Further complicating matters is a pending lawsuit against the legality of California’s cap-and-trade program. Business groups and fiscal conservatives claim the program amounts to a tax, under a 2010 ballot initiative that better defined what exactly constitutes taxes and fees under California law, thus would requiring a two-thirds majority vote of the legislature.

Further, with the program slated to end in 2020, many businesses that are forced to buy the carbon credits are conflicted by the risk that they may end up buying the California equivalent of Confederate bonds, doomed to be worthless when the state loses its cap-and-trade war.

In the meantime, the High-Speed Rail project, currently promised to cost “only” $68 billion to run from the Bay Area some 400 miles south to Los Angeles may be looking at $50 billion in overruns. To fund the costly train, which was sold to voters as not costing a dime in new taxes, the expected revenue stream from cap-and-trade has been securitized, putting the state on the hook to Wall Street for billions in construction money advanced on the promise of future cap-and-trade revenue.

But the cap-and-trade market is showing dangerous signs of weakness. Not only have auction revenues collapsed in the last two auctions in May and August, but the competitive landscape for the auctions has collapsed as well. The Herfindahl–Hirschman Index (HHI), a commonly-used measure of competitive markets, signaled that last May’s auction was dominated by a sole market player. Last week’s auction improved somewhat, but was still moderately concentrated among a small number of buyers and sellers.

The lack of interest in California’s cap-and-trade carbon credits shows that the Golden State will likely have to come up with a significant amount of General Fund tax revenue, more than $2 billion annually, to build out its government-run rail project—something that isn’t likely to last much beyond the end of Gov. Jerry Brown’s fourth term in office in January 2019.

California's Cap and Trade Auction is Collapsing

California’s Cap and Trade Auction is Collapsing

**** Back in 2014:

In part from Politico: Cap and trade was a key part of the George H.W. Bush administration’s strategy for reducing acid rain in 1990, and it would have been the centerpiece of the climate bill that stalled and died in the Senate in 2010.

Despite the concept’s bipartisan heritage, cap and trade has become politically toxic in some circles — especially among supporters of coal, the carbon-intensive fuel that would face the heaviest costs under any trading system. Republicans derided the climate bill as “cap and tax,” while West Virginia Democrat Joe Manchin famously unloaded a rifle into a copy of the legislation during a Senate campaign commercial.

Still, cap and trade never went away.

With RGGI and California combined, about a quarter of the U.S. population lives in areas covered by trading programs designed to drive down carbon emissions, said Janet Peace, vice president of the Center for Climate and Energy Solutions, at a Senate briefing Thursday.

Other programs exist in Alberta, Canada; Australia; New Zealand; Norway; and South Korea. Next year, cap-and-trade programs are expected to launch in Switzerland, Tokyo, the United Kingdom and South Africa. Others are in development or undergoing pilot tests in Brazil, China, India, Japan, Mexico and even Kazakhstan.

“Eventually, 250 million people will be covered by a carbon price in China,” Peace said. The full article here.

*** The New York Times stays current on Cap and Trade.

 

C’mon Hillary and Bill, Really?

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Hillary State Dept. Helped Jailed Clinton Foundation Donor Get $10 Mil from U.S. for Failed Haiti

The new batch of emails showing that the State Department gave special access to top Clinton Foundation donors while Hillary Clinton was secretary of state brings to mind the case of a shady Miami businessman serving a 12-year prison sentence after scamming the government out of millions. His name is Claudio Osorio, a Clinton Foundation donor who got $10 million from the government after the Clinton State Department reportedly pulled some strings.

Osorio got the money from the Overseas Private Investment Corporation (OPIC), a federal agency that operates under the guidance of the State Department, to build houses in Haiti after the 2010 earthquake. The OPIC supposedly promotes U.S. government investments abroad to foster the development and growth of free markets. Osorio’s “Haiti project” was supposed to build 500 homes for displaced families in the aftermath of the earthquake. The project never broke ground and Osorio used the money to finance his lavish lifestyle and fund his illicit business ventures. He also ran a fraudulent international company with facilities in the U.S., United Arab Emirates, Germany, Angola and Tanzania that stole millions from investors. Some of the OPIC Haiti money was used to repay investors of his fraudulent company (Innovida), according to federal prosecutors. In September 2013, Osorio was sentenced to 150 months imprisonment and three years of supervised release.

Not surprisingly, the Department of Justice (DOJ) never mentioned Osorio’s Clinton connections and seemed to downplay the $10 million scam of taxpayer funds by focusing on the “victims” that invested in his bogus company. More here.

The inside story of how the Clintons built a $2 billion global empire

In part from WashingtonPost: The foundation now includes 11 major initiatives, focused on issues as divergent as crop yields in Africa, earthquake relief in Haiti and the cost of AIDS drugs worldwide. In all, the Clintons’ constellation of related charities has raised $2 billion, employs more than 2,000 people and has a combined annual budget of more than $223 million.

As donations have surged, particularly as her bid for the Democratic nomination grew closer, she has been forced to answer for whether those supporters have been not merely giving to a charity but also paying to curry favor with a former secretary of state and a would-be president.

Sights on something big

In the beginning of it all, Bill Clinton was feeling unfulfilled.

Plenty of room for their dogs and grandchild(ren) to run around... and with a pool to blow off steam from the stress of the campaign trail.  More photos here.

In the months after he left the White House in 2001, he was living at his family’s new home in Chappaqua, N.Y. His wife was in the Senate. His daughter was away, first at Stanford, then at Oxford. He stewed about leftover legal bills and bad press over last-minute pardons.

To pass the time, he turned to TiVo.
No sign of that pesky server though.

At the same time, Clinton did more formal planning with aides. He was just 56. He would be an ex-president for a long time. He wanted to do something big. And something international. He wanted to stay out of domestic policy, so it didn’t look as though he was meddling in the domain of the president who had succeeded him. Or the senator he was married to.

Ira Magaziner, a longtime aide, had an idea that fit both criteria.

New drugs were available to fight the progress of HIV and AIDS, but in Africa the drugs were too expensive for many people. Magaziner wanted to lower the cost. He knew Clinton didn’t have the money to help, because he was still fundraising for the library and his own legal bills.

But, Magaziner told Clinton, he had a name brand with limitless value.

“We should use that reputation and your contacts for something big. If we succeed at this, we can help save millions of lives,” Magaziner wrote in a memo he handed to Clinton at an AIDS conference in 2002. “If we are not so successful, we still might help save tens of thousands of lives which would not be so bad.”

Expanding in all directions

“Now here’s something else in my hot little hand,” Clinton said, standing on a stage at the Sheraton Times Square, according to media reports. “My old friend Carlos Slim Helú here has just said he’s willing to develop a cellphone network for Gaza and link it to Jordan’s network. Why, thanks, Carlos. Come up here and be recognized.”

It was September 2005. A year and a half after Band’s brainstorm, the first meeting of the Clinton Global Initiative was a smashing success. Some Clinton aides had been skeptical that it would work, but Clinton had shrewdly timed it to coincide with a meeting of the U.N. General Assembly — when New York was already chockablock with world leaders looking for something more interesting than a meeting of the U.N. General Assembly.

This is quite the story so please read it in full here. There are stunning connections, people, agendas, timelines, money and access. A real picture has emerged on the collusion and the work of Hillary and Bill’s circle of friends. This is hardly the whole story but it does begin to explain why they had at least 2 private servers and refused FOIA requests.

Last year, the Washington Post offer an early comprehensive summary:

The Post identified donations from roughly 336,000 individuals, corporations, unions and foreign governments in support of their political or philanthropic endeavors — a list that includes top patrons such as Steven Spielberg and George Soros, as well as lesser-known backers who have given smaller amounts dozens of times. Not included in the count are an untold number of small donors whose names are not identified in campaign finance reports but together have given millions to the Clintons over the years.

The majority of the money — $2 billion — has gone to the Clinton Foundation, one of the world’s fastest-growing charities, which supports health, education and economic development initiatives around the globe. A handful of elite givers have contributed more than $25 million to the foundation, including Canadian mining magnate Frank Giustra, who is among the wealthy foreign donors who have given tens of millions.

Keep reading here as it is full of names and under-handed requests and access.