Al Gore Forecast there would be NO Ice remaining at the North Pole by 2013 | Armstrong Economics

Al Gore in 2009 forecast that there would be no more ice by 2013. The BBC reported those crazy forecasts back in 2007. I have explained many times that the forecasting methods uses is to assume whatever trend is in motion will remain in motion forever. In other words, is the Dow Jones were to rally by 25% in one year, then they would predict that same percentage movement will continue forever. The methodology is completely void of any cyclical understanding how everything functions according to a cycle in the universe.
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‘Daily Show’ Host Trevor Noah to Alexandria Ocasio-Cortez: How Will You Pay For Your Agenda? | Video | RealClearPolitics

Democratic party phenom and socialist NY Congressional candidate Alexandria Ocasio-Cortez appeared on The Daily Show Thursday night and was asked by host Trevor Noah how she plans to pay for her agenda:

One of the things that we saw is, if people pay their fair share, if corporations and the ultra wealthy — for example, as Warren Buffett likes to say, if he pays as much as his secretary paid, 15 percent tax rate, if corporations paid — if we reverse the tax bill, raised our corporate tax rate to 28 percent … if we do those two things and also close some of those loopholes, that’s $2 trillion right there. That’s two trillion dollars in ten years.

If we get people to pay their fair share, that’s $2 trillion in ten years. Now if we implement a carbon tax on top of that, so that we can transition and financially incentivize people away from fossil fuels, if we implement a carbon tax — that’s an additional amount, a large amount of revenue that we can have.

Then the last key, which is extremely extremely important is re-prioritization. Just last year we gave the military a $700 billion budget increase, which they didn’t even ask for,” she said. “They’re, like, ‘we don’t want another fighter jet!’ They’re, like, ‘don’t give us another nuclear bomb,’ you know?

(via Hot Air)
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Wow 😮