Market Update – Keep Buying a Passive Cash Flow
At the close of the stock market on Friday, October 14, 2022, the same 20 DRIP stocks recommended on October 3, 2022, plus the addition of Lockheed Martin (LMT) as of October 10th are still great buys today… take advantage of this buying opportunity while it still lasts!
Remember, you are NOT buying stocks for speculation, e.g., hoping the price will go higher and then you sell for a profit. Under our DRIP investment strategy, you are buying a passive income stream or cash flow that increases each, and every year, through recessions, depressions, stock market declines, and wars. If you continue to reinvest the dividends and regularly purchase additional shares, you can attain financial independence in 10-to-15 years! You need a passive cash flow to maintain your lifestyle.
Climate Change is Real, It’s Just Not Manmade
President Joe Biden stated that events like Hurricane Ian have ended the debate about climate change. Unfortunately, Biden and his ilk strongly believe that climate change is manmade; worse yet, they believe they can stop it!?! Common sense and the actual science would suggest otherwise.
“There have been at least five significant ice ages in Earth’s history, with approximately a dozen epochs of glacial expansion occurring in the past 1 million years. During an ice age, colder global temperatures lead to recurring glacial expansion across the Earth’s surface. Capable of lasting hundreds of millions of years, these periods are interspersed with regular warmer interglacial intervals in which at least one major ice sheet is present. Earth is currently in the midst of an ice age, as Antarctic and Greenland ice sheets remain intact despite moderate temperatures. One significant outcome of the most recent ice age was the development of Homo sapiens. Humans adapted to the harsh climate by developing such tools as the bone needle to sew warm clothing and used land bridges to spread to new regions. By the start of the warmer Holocene epoch (11,700 years ago), humans were in a position to take advantage of the favorable conditions by developing agricultural and domestication techniques. Meanwhile, the mastodons, saber-toothed cats, giant ground sloths and other megafauna that reigned during the glacial period went extinct by its end.”[1]
These five ice ages and the intermittent warming periods occurred before humans existed and before we entered the Industrial Revolution that supposedly was the beginning of “global warming” or, as the climate alarmists have redefined it, human caused “climate change.” Common sense would suggest that climate change continues despite us, NOT because of us!
“Along with solar radiation levels, it is believed that global warming and cooling is connected to plate tectonic activity. The shifting of the Earth’s plates creates large-scale changes to continental masses, which impacts ocean and atmospheric currents and triggers volcanic activity that releases carbon dioxide into the air.”[2]
William Kininmonth’s, Rethinking the Greenhouse Effect, stated, “The pattern of recent global warming underscores the validity of what meteorologists widely recognize: the oceans are the vital inertial and thermal flywheels of the climate system. The corollary is, if one wants to control climate, it will be necessary to control the oceans. Efforts to decarbonize in hope of affecting global temperatures will be in vain.” Afterall, 71% of Earth is water!
As Dr. Arthur B. Robinson wrote, “it still astonishes me that a colossal lie about the Earth’s climate and human activity—a lie easily disproved by experimental facts—could spread so widely over the world and cause so much actual and potential damage.” We can all agree that the climate changes and “97% of Climate Scientists Agree” on this point; hopefully, 100% do?! The problem is the purveyors of this statement expressing the view that 97% agree, also believe: (1) humankind is responsible for climate change; (2) CO2 warming is harmful; (3) government should enforce policies to tax and regulate cheap & abundant energy so it no longer is available for use; and (4) government, through these policies, can stop the Earth’s warming and stabilize the climate.
How can these people believe they can stabilize the climate… how arrogant… how idiotic… we can’t even get the weather forecasts right?! Sadly, the Democrats fell for this Climate Change Hoax “lock, stock and barrel.” Beginning day one of the Biden Administration they implemented destructive Climate Change Policies, which are devastating our economy, resulting in the suffering of average Americans. Meanwhile, China, Russia, India, and Iran are continuing to use cheap & abundant energy. China and Asia continue to build coal powered plants; China has 3,037 Coal Powered Plants and growing! China is using their cheap abundant energy to produce the solar panels and wind turbines they sell to us, leading to the demise of the United States as a world power, which surely will happen if we do not wakeup and reverse course.
Let’s look at a few facts, including why the power-elites throughout the western world peddle this nonsense. It’s all about Power, Money, and Control.
Al Gore’s documentary, An Inconvenient Truth, warned, “that unless we took ‘drastic measures’ to reduce greenhouse gases, the world would reach a ‘point of no return’ in a mere ten years. He called it a ‘true planetary emergency’.” The only real inconvenient truth is that Global Warming or Climate Change is a $1.5-Trillion industry where the likes of Al Gore, and his ilk, milk the poor and middle-classes throughout the world each, and every year. By the way, more than ten years have passed, and “Armageddon” did not happen.
As Dr. Robinson pointed out, “As coal, oil, and natural gas are used to feed and lift from poverty vast numbers of people across the globe, more CO2 will be released into the atmosphere. This [release of CO2] will help to maintain and improve the health, longevity, prosperity, and productivity of all people.”
According to 31,478 scientists and engineers, who DO NOT rely on government grants, Global Warming is good for plants, animals, the Earth, and humanity. If the “Global Climate-Change Gang” gets its way, and the Earth starts cooling, “much of humanity would die from starvation alone.” The availability of cheap and abundant energy—to include oil, coal, natural gas and nuclear—is necessary to preserve “much of humanity,” should the Earth start cooling again, which appears inevitable based on the study of ice ages over the past 1 million years. (Dr. Arthur B. Robinson)
What can we do? The first step is to hear from people with similar views as ours, who understand the importance of private property, which is our guarantee of continued freedom. Anyone who believes climate change needs to be addressed through government taxation and regulation, either lacks understanding or is more interested in power, control, and redistribution of money and property. These people should be voted out of office, whether at the local, state, or federal levels.
Just as important, we need to take back our schools, where our children have been indoctrinated to believe this nonsense since grammar school; and, reinforced during their college years. As Dr. Walter E. Williams pointed out, “Many of our nation’s colleges and universities have become cesspools of indoctrination, intolerance, academic dishonesty, and the new racism. The assumption seems to be that the purpose of education is to induce correct opinion rather than to search for wisdom and to liberate the mind.”
Intolerance, an ugly by-product of early school indoctrination, has also taken over most of mainstream media. This makes it even more difficult to combat the lies of the climate change industry. It is never too late to be educated, not indoctrinated, by reading the proven information of 31,478 scientists and engineers who are NOT on the government payroll (see www.accesstoenergy.com). Contrary to the indoctrinated alarmists, global warming is good for humankind and will not cause Armageddon. Cheap and abundant energy is necessary for humankind to survive the forthcoming cooling period in the ice age we are currently in… solar panels and wind turbines will be useless.
Are we too late? We can reverse this insanity by voting every Democrat out of office on Tuesday, November 8, 2022. Once the Republicans are in control, we can then start dealing with the RINOs and begin the elimination of the Deep State.
Dum Spiro Spero—While I breathe, I hope.
Slainte mhath,
Robert G. (Mike) Beard Jr., C.P.A., C.G.M.A., J.D., LL.M.
[1] Each Jeffersonian Group, LLC (www.jeffersoniangroup.com) publication is intended solely for information purposes and is not intended nor does it purport to provide legal, tax, individual investment advice, estate planning advice, medical advice, insurance, or business advice. In addition, information and analysis is compiled from sources believed to be reliable but such accuracy cannot be guaranteed. Readers should do their own research and consult with expert medical, legal, tax, insurance, business, and financial counsel before taking any action. Copyright © 2022 Jeffersonian Group, LLC
[2] Ice Age, History.com Editors, https://www.history.com/topics/pre-history/ice-age.
[3] Id.