Climate Panic Hogwash & Much More
This is the audio version of Episode 501, which was recorded as a video. For the video visit Paul Truesdell on Facebook or visit Paul Truesdell dot com.
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Well, good morning, good afternoon or good evening. Welcome to the Paul Truesdell podcast. My name is Paul Truesdell. It is not Sam farsen. Sam farston has his own podcast in East pajibes, Illinois, so we're not going to talk about that. I'll use my own name. Hey, I'm using a logo shirt. I got a polo shirt that I picked up. Hey, look at that kind of cool. We're doing this both by video and audio. Today I'm drinking my coffee also out of my my fancy corporate mug. On the other side, we got our original family crest lion there. This is episode 501, and I was thinking about, what should we talk about today? And I thought about it a little bit, something came to mind. I thought I would, oh, talk a little bit about something has been bugging me for a long, long time. So let's get into this. And so this is what we're going to do. So what's been bugging me for a long time has been this whole business of climate panic. Go ahead and put the word climate panic, not change, not warming, not cooling, but panic. So let me repeat this. The business of climate panic is a business. No fans or buts about it. Now today, just so you know, in the background, I've got the windows open. Cars may honk their horns. I don't care. I'm not going to do this super professionally. The windows are open and the setting has got the it is what it is. In the background, I've got the greatest hits from Jefferson Airplane and Jefferson Starship plane, and life is good. Weather today in Florida is absolutely phenomenal. So I became suspicious more than a few years ago when I started reading and listening closely to people back in the 1970s explain how the federal government well the level of money that we were spending taxpayer moneys. It just didn't add up. And people well, they were happy to share their projects. They're excited. They were even thankful for getting money back in the 60s and 70s. But I started noticing things were changing. And for example, people who were involved in Wildlife and Parks and zoology, they're always very appreciative. But I noticed something that was happening, and basically it was that these climate programs, those people were mean, they were nasty, and well, suddenly the mood changed. Faces got tight when you started asking about questions. You know, I thought we were getting warmer. I thought we were getting cooler. I thought we needed to recycle. Now we don't need to recycle and and etc. I noticed, you know, eyes would start darting around, and lips would purse, and browsing would furrow, okay. These are all telltale signs that someone is getting ready for, well, a fist fight. I used to pay attention to that years ago, when I had to do police work. Okay, back in the 670s and the early 80s, you know, you could feel the resentment come through the television screen. You could feel it come through the magazines and newspapers back in the day and even on radio. You know, that really told me a lot. And looking at the telltale signs of people means a lot to me. You have verbal and nonverbal communications, and when people get really defensive, to the degree that all these climate panic soothsayers get about how they're spending their money now it's our tax dollars, okay? And well, it seemed to me that people rarely get upset if they're fully transparent and they're coming clean about everything that they're doing. It's kind of like Jesse Jackson in the rainbow coalition, if you question them years ago, oh god. I mean they were going to come after you, like, like, unbelievable. So it is what it is, what it is coffee sip. Now, let's back up a little bit in time and we got Captain green, or what was his name, Captain Kangaroo and Mr. Green jeans, yeah, Al Gore. He is a former United States Senator. If you don't know that, he was also vice president of the United States under Bill Clinton. He ran for president United States. He lost to George Bush in 2000 thank God. And he has leveraged a real silly PowerPoint movie, got himself a, I think a Nobel Prize for that, into billionaire status, got rid of his wife, had just massive properties and flies all around the green earth. And you couple that with the fact that he's on the board of directors of companies like Apple. I. Well, he didn't just stumble into the topic when he made an inconvenient truth that was his little PowerPoint movie back in 2006 See, he'd been circling this issue for a lot of years, and I've always found that interesting, because back then, climate talk had already shifted several times. Look, when I was a youngster, there was a fellow by name of Leonard Nimoy. You might remember him. He was Spock. He was on the TV show Star Trek, which the sidekick to Captain Kirk, played by William Shatner. I love William Shatner. He hosted a television show called In Search of might remember that those of you who are my age or older might remember that younger folks won't remember Leonard Nimoy in any way, shape or form, but I digress. So I'll never forget one episode where Nimoy was warning about an incoming, oncoming Ice Age, not global warming, global freezing. It was one of those holy cow Batman moments for me. I remember sitting there going, I'm terrified, meaning, I don't want to live in the cold anymore. Here's Spock, right? Spock, he's telling us that the world's going to turn into a block of ice. And so I went to the library. That's when you know you had to go to the library. You didn't have the interwebs on your phone instantaneously. I do like to have fun with words. So I went to the library. I did a little bit of reading, and hell no, I'm not gonna I'm tired of the cold. I was ready for a change. Anyways, instead of going back to I was going to go to Dallas, going back home, but then I decided, you know, I saw a lot of opportunity, things happening in Tampa, Orlando and Charlotte, and we settled on on Tampa for a whole bunch of good reasons. I had a lot of godfathers and contacts down here. So that's actually one of the reasons I left Wisconsin moved to Florida, and in fact, it was a super huge reason, also the girls in parkas versus the girls in bikinis, I gotta tell you, there's no choice. Hello, Tampa, clear water in Daytona. It just kind of is what it is. I figured, if we're going to freeze, I might as well start somewhere warm, and then we'll figure it out from there. Okay. Well, then somewhere along the line, the message flipped. Suddenly, we weren't freezing. We were melting. The new line was global warming. I remember people joking, you know, back in the 1980s that if you use hairspray, pretty soon we'd get endless heat coming in. I mean, look, if you kept using hairspray, you could golf into November, because we were destroying the ozone. Okay, you remember a thing called Aqua net? Well, back in the day, my mother, back in the 50s and 60s, at least, even into the 40s and 30s. But she would, if she was alive today, she would say the same thing, I miss my Aqua net. She used to use it religiously back in the 60s and 70s. That was all. You know, the days when ladies had those beehive hairdos. Everything was all. He went to the hair salon on a real regular basis get your your hairdo done, kind of like Marge Simpson, sometimes reality is just as good as the cartoon. But when it came to the ozone scare, suddenly she was well told, and everybody her age that hairspray was punching holes. Now think about this. Hairspray was punching holes in the sky, and those holes would lead to laser beam radiation that would kill all life on Earth.
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Now for you, those of you who are younger, you might think, and oh, he's just making this up. No, folks, I'm not. I live this stuff. They literally said that the Aqua net hairspray would literally destroy the ozone and we'd all just fry. So out went Aquanet, and in came guilt, along with leisure suits. God, it was horrible time in life and the generation of Mellow Yellow. Now this was about the first time that I noticed how quickly a scientific concern could morph into a moral crusade. Let me repeat that. This is when I noticed a scientific concern could morph into a moral crusade. First it was all about the ozone, that was cute. Then it became all about carbon dioxide, CO two. I remember reading, you know, studying in school that carbon dioxide is really important. You need it. So somewhere between the disco era and An Inconvenient Truth, CO two became the villain of the century, despite the fact that you actually have to have CO two to grow plants. You need those plants for animals to eat and. You know, those plants and animals for us to eat and to survive. So for me, I used to say, it's not rocket science. Something doesn't add up. But unless you have 15 PhDs piled higher and deeper and 37 papers that were peer reviewed by one person who agreed with you, and you put your name on all of these that well were written by undergraduates, and then you basically adopted the climate fearing context. Well, you weren't allowed to talk about it. If you squinted your eyes, you pursed your lips, you questioned in any manner, you were terrible, a rotten person. This has been going on for way too long. If it wasn't for Donald Trump, it'd still be this way. It was the beginning of the conditioning that we were all expected to get along and go along rather with science. If you think about it, the worldwide lockdown during covid, we were all conditioned to do that because just trust the science, right? Global warming, global cooling, global change. Just change the narrative. Oh, get the shot. You won't get covid. No, get a booster. You won't get covid. Oh, those who don't get the shot are super spreaders. Okay, you get the point. The more I think about this mass propaganda conditioning has been going on for, well, a long, long, long, long time now. Here What's really funny, though, gosh, I haven't done one of these videos a long time. In 1970s the panic wasn't about too much heat, it was about cooling. The average global temperature had dropped a bit since the 1930s but it was less than one degree. Mind you, but the headlines, it was enough to make the headlines so scientists and journalists, terms I use very loosely and with a great deal of skepticism and cynicism. Well, they started talking about the coming Ice Age. Now the culprit? They had to find a culprit, coal burning, sulfate particles. That's what they said. Those particles reflected sunlight back into space, blocking the warmth from the sun, and the result would be catastrophic cooling. Okay, let me stop for a second here. Never mind the fact that this planet has getting well, it's been getting warmer and cooler way before you know we've been walking around it, unless we've been walking around for hundreds of millions of years, which, who knows, you have progression, but you also have regression. So don't discount the fact that somebody's been around here a long time. But the bottom line is, you can't extrapolate what is going on in one inch and extrapolate that to 100 miles. You understand I'm saying. So you've got a ruler. I've got a ruler here. Let me grab it. So here's a ruler. I love this ruler, by the way, here's a ruler. Okay, now, this is one inch. Now, if you say, what happened in relevance to time, to that one inch to 12 inches, that's one thing, okay, that's 112 of your time frame. And by the way, I use rulers all the time to discuss longevity. You think about it, you're born here, and there's a high probability, you know, when you're 120 you'll be dead. But if you take that one inch and you're trying to apply it to something a million miles away, yeah, if you get it off kilter and you're trying to target something in a straight line, that little, tiny difference makes a big difference over a million miles. But then again, what if it wobbles and gets back into alignment? I see this stuff just isn't tough. Okay? Then around, oh, the mid 1970s the temperature trend reversed. It's been doing that for a long, long time. Now. Things started to warm up a little bit, so we were getting cooler, then we started getting a little bit warmer. So the same people who once warned us that we would freeze and become ice cubes suddenly flipped like a tiddlywink. They told us we would burn the sulfate. Story got dropped. Think about that all of a sudden. Poof. Nope. Gone, gone. Now. CO two that took center stage so yippie, I call yay. Last year, I was going to be an ice cube. Today, I'm going to be a piece of charcoal. And so that's when you got to sit down and you start to think about the conclusions that most of these people are coming to. And frankly, they're all full of plain old, good fashion hogwash. Now. This is one of Japanese scientists. I can't pronounce his name. He put forth an interesting theory. I can get it for you if you wanted. He said that carbon dioxide levels, if they double, you would get about a half a degree, half half a degree of warming. That's not that much. Now I can live with that. I mean, half a degree in Florida, it still gives me plenty of gals and bikinis, and maybe, you know, you have an extra beer or two on the beach when you're younger. And okay, I'll survive the perspiration. But if you assume that the relative humidity stayed constant, meaning warmer air held more water vapor, well, that water vapor could double the warming effect. Now, if you live in Florida and it's summer and we get one of those godforsaken hot days and it's really humid, you know exactly what I'm talking about. So these jag holes are all of a sudden they don't take that into consideration. Now suddenly, a half a degree becomes a full degree. Now let's be clear about this. I don't know about you, but I'm also not entirely sure that when it's 85 degrees, that I'm really that much more uncomfortable at 86 degrees, ah, but one degree. Oh, my God. So I know some people have a holy conniption fit when you cross over from 85 to 86 but I gotta tell you, I just don't feel it all that much to me, it's just not that much of a difference. So a single degree doesn't sound dramatic, but if you plot it on a chart with the right color gradients, and yes, bright red definitely gets your attention, especially among the dumbest among us. And then you have bright red on top and icy blue on the bottom, you can make that one degree look like it's the end of civilization, and that is exactly what these jag holes have done so now, and that's when it comes to CO two that became the universal scapegoat. And that's one of the things I went, Oh, the universal scapegoat becomes CO two. Now, why is this? This is also the time when Chicken Little began winning electoral races. Congress became more of a well, it was populated by money grubbing opportunists and the lobbyists. They all began running to the halls of Congress. You saw this massive explosion in lobbyists everywhere. Oh, it was bad in the 60 business now, like it is 70s, 80s and 90s and going forward, has just been unbelievable. And yes, this sounds very cynical, but the truth is the truth. And those who can't handle the truth, we should watch the end of the movie A Few Good Men for reference as to the facts of a conflicted life. We always live in a conflicted life. That's the reason why I understand Trump. It's all about the art of negotiation. You're never going to get everything you want. You have to negotiate. I have a thing in the world of finance, okay, when it comes to family wealth, services that we provide, they call them the family office. There's no such thing as a free lunch, but in order to get something, you have to give something it. That's that's what we do. It's about factoring it out and letting the client figure it out. Generally speaking, usually give one or two options. And you know, these are the options to take. So now let's pause here for a minute. Okay, let's just pause here. Coffee time again.
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That's beautiful out. I got the windows open. Breeze is blowing across me. I love it. Pay a lot of money electricity. Get what I'm experiencing right now from Mother Nature. Oh, wait a minute. Do I have to pay Mother Nature? Hmm, well, if Al Gore was around, I probably, yeah, I do. It's called carbon credits. Now, around the first Earth Day in 1970 and I remember that I had a backpack with with the earth symbol on it. It was green and white. I had my Earth shoes. Got it. I mean, I was into it. We were recycling. We were doing everything back then the environmental movement shifted its focus, okay? It moved away from the tangible, you know, saving the whales, cleaning rivers, planting trees. I mean, I thought that was cool. I mean, the river should be clean. But then it moved to the intangible, energy, carbon, atmospheric modeling. Why? It's real simple, because the energy sector was worth trillions and trillions of dollars. Wales, not so much. You could build a financial empire around Wales. No. You can't, you cannot build a financial empire around saving whales, but carbon, that's a gold mine for taxes credits and endless Oh, Jesse Jackson type Shakedowns and control. And that's when I realized, and fully realized, and have been talking endlessly about this. This is no longer just about protecting Mother Earth or the planet. This is about power. It's always about power, bureaucratic power, unelected, hogwash, Boulder, dash, I could cuss it like a sailor right now. It's financial power, it's political power, it's the kind of power that thrives on fear, threats and actually highly selective and reputational damaging, punitive enforcement. Let me repeat that everything that we've seen, whether it was covid or, you know, green lives matter, plutocians need to be able to come into the country without any barriers, whether it's, you know, the global warming, cooling, change, or whatever they want to do, it's always based on fear, threats and highly selective and reputational damaging, punitive enforcement. Don't ever forget that they can't stand when people just sit around and talk. Because if you sit around and talk and have a lick of common sense, which sometimes isn't all that common, things seem to kind of work out, which is one of the reasons why those who are clients of mine know we sit down and just chit chat. Who are you? Excuse me, why are you doing what you're doing. Where is it you want to go? Just chat like I don't use these fancy fact finders or these computer illustrations at these dopey financial planners. Oh, I like that. Dopey financial planners. I have to remember that phrase. I don't use those things. I just use a good old calculator. I've been using this calculator for years, Texas Instruments. I'll just use a good old fashioned pen, pull the pen out, and then I'll use a legal pad that's it been doing it no matter what it is. I don't care if it's on the legal side, financial side, real estate side, destined. I don't care what it is. That's how I do things it works. So let's go back to memory lane for a second. You remember every environmental panic since 1970 has actually followed the same formula, okay? One, you announce an impending catastrophe. Oh, my God, door number one, door number two, or door number three, it's all a catastrophe. Then you declare that it's been caused by human behavior. That's right, you and I were guilty the minute we were born. We weren't born into sin. We were born because we were destroying Mother Earth, which also was used for, you know, again, abortion, that was another good reason. Abort a fully functional baby, if you just give it another moment, drag it out and kill it, right? Yeah, we caused all these problems. Then what you have to do is demand immediate, immediate action. You got to do it. Do it now. If you don't do it now, it's like those commercials, you know, buy now. Only 100 customer service standing by. We're taking your calls. Never buy from those a holes. And then what you do is you have to transfer control and money you ready to those making the announcement, right only 1995 and save a tree, buy a tree, save a tree, grow a tree. Save the environment, get your carbon credits. Look, it's the oldest trick in the book, and it works because it plays on guilt. You know, for years and years and years, people were talking about survivors of World War Two and guilting people into giving money for all sorts of different reasons. They're all dead. They're all is anybody alive from World War Two? Yet, I don't think so. Let me think about this. If you were 20 in 1940 Yeah, you might be alive, but there ain't many of you left, so I'm over the guilt. Okay, look, people want to be virtuous. They want to believe that recycling their soda cans and buying a Prius will change the planet's thermostat. No, you do it because it makes you feel good. You're not really going to do that much for the for the world. But I got no problem with recycling. I actually do it. Now I'm not saying that the climate doesn't change. God, dang. Of course it does. It always has. The Earth has warmed and cooled countless times long before you and I were ever around. What I'm saying is we need to be. Cautious about who profits. The word profits from fear who's paying the bill, or, in this case, getting their pockets lined. Okay, just think of gore and and Clinton. I mean, they they nailed it. He just did. Now, when governments and corporations start coordinating global taxes credits and regulations around something as complex and naturally variable as the climate, that's not science. Never has been, never will be. That's business. That's the business of scaring the hell out of you, fleecing you, and business needs accountability, not blind faith. Faith. Now that's an interesting word. It's no coincidence. At the same time, people who lecture you and me about carbon footprints, you know what they do? They fly private planes. They jet off to climate conferences really? Oh, come on. Or they buy those ocean front mansions with walls and guards to keep illegal trespassers out, while at the same time warning us that sea levels are rising and if we don't open our borders, we are disgusting, ignorant, Kool Aid drinking Nazis. And you know, well, it's the truth, right? You see, if they truly believe their own alarmist behavior, talk and everything else, they wouldn't be living near the ocean. They'd be living up on mountaintops, not Malibu, you know, speaking of Malibu, the place that burned like crazy because of really good wildlife and and getting rid of the brush out that way. You know, they always have wildfires in California instead of Malibu. Let's go the other side of the nation, here in Florida, go to Miami. Remember all those predictions about Miami being under 10 feet of water by now dead, didn't quite pan out that way, did it? So the problem is not about caring for the planet. Now, that's common sense. The problem is weaponizing science to justify control. That's all it is. They want control over you and I, when you look at it that way, climate change becomes less about a scientific term and more of a marketing campaign, one that has shifted very seamlessly from ice age to warming to well, everything's a climate crisis. And then here's the key word coming up, climate justice. Justice. We need justice. Put those people in jail who are driving those big, big trucks while I fly off in my jet to a conference on global whatever it is. Look each rebrand is more dramatic than the last, but the goal stays the same, influence, regulations and money period no, ifs no ands No, buts about it. Coffee to break. If you want your very own cup, just get a hold of me. Become a client. Get a mug.
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When I talk about this, people sometimes ask, what's your solution? Well, my answer is really simple. Think that's all you do. Just think seriously, I say this all the time. Think about it. In fact, I used to have that on the license plate of my car for many years. Think about it, ask questions, follow the money. Follow the money. If the science cannot be questioned, remember this, if the science cannot be questioned, it's not science. It's a religion. That's right, it's a religion. Now don't let me get away from you on this one one thing is really perfectly clear about religion, okay? And this is an area that oftentimes causes me to have a problem with people who are extremely religious. So those of you who are very religious, here's I want you to do, take a big, deep breath, let it out. Now, listen, you cannot prove a faith. You know that, that's why it's called faith. There's nothing wrong with that. You cannot prove a faith. There's nothing wrong with that. There's nothing wrong with having a faith and being faithful. That's the essence in the definition of the word faith. Now, if you have something that you absolutely believe in, no doubt about it, but it's not provable in scientific terms, okay? Therefore. Yeah, it becomes what we would call common sense. This makes a lot of sense. It's the only logical explanation. It's just, I trust this. I have faith. But there's a difference between common sense and the opposite, which is nonsense. See, nonsense is when you have faith in something that is utterly, absolutely, unequivocally beyond the exclusion of all reasonable doubt, ridiculous on all levels. Okay, I'll give you let me give you a good example. There are places in the Middle East. I'm not going to be able to get all the names out, but you know, you've got these sarcophaguses and other things. They're just perfectly made. They're so perfect in their manufacturing that today we can't even do this. They want you and I to believe that CRO Magna man, okay, sat back and literally took primitive tools and they just kept working until they got these things. Oh, a whole bunch of them perfect, really, like I say nonsense is when you have faith in something that is utterly ridiculous at all levels. But that's what happened with climate anything and everything in the last few decades, it's climate, yeah, climate nonsense rather than climate. Common Sense. Recycling makes sense, picking up trash makes sense, not being a pig about things makes sense. But a lot of this makes Well, it's nonsense. And I suppose that brings us full circle. Once upon a time, religion warned us of eternal fire unless we confessed our sins and paid our indulgences. Okay, I gotta tell you, what a religion when religion's got a real gig, when they say you can pay money to absolve yourself from sins. Sorry, I just don't buy that it's a business when it's doing that, it's not a religion, in my opinion, which is why there's a lot of religions out there, or denominations or faiths I go. I don't think so. Should be very personal. Now, climate presents, well, let me reward this. Climate priests, there you go. Climate priests. They warn us of, well, planetary fire and brimstone, unless we buy carbon offsets and pay new taxes. It's a different altar, but it's the same sermon. Okay, are you still with me? Are you following this? I'm not telling you what to believe in. I'm telling you to think critically, because fear has always been a powerful motivator, and it's also a very profitable one. Well, ladies and gentlemen, boys and girls, one and all. My name is Paul Truesdell, thanks for listening, and remember connecting the dots starts with asking the right questions, no if ands or buts about it. And so with that, Tippecanoe and Tyler too, I'm out of here later.
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Bye, that concludes the Paul Truesdell podcast. For more information, visit Paul truesdell.com now here's a disclaimer. It's rather long and, frankly, a bit insane, but it's what we have to do for the dumbest among us who like to go through life as endless victims. Okay, here it goes. Due to our extensive holdings and our clients, you should assume that we have a position in all companies discussed, and that a conflict of interest exists by listening, reading or using this document, video, podcast and or website in any manner you understand the information presented is provided for informational purposes only. That's right for informational purposes only, and you agree to our Terms of Use and Privacy Policy. Public and group. Informational items should never be considered professional advice. Obviously, nothing said, written or otherwise communicated, should be construed as an offer, recommendation or solicitation to buy or sell a security naturally and past performance is not a guarantee of future performance. Like you haven't heard or read that a million times before, and listen up. We do not provide tax, legal or psychological advice. Yes, we do not have a couch and pillow with your name on it. And so nothing here in fancy word time, nothing here in constitutes advice or is a substitute for. Professional medical advice diagnosis or treatment. Always seek the advice of your doctor or other qualified health care providers with any questions you may have regarding a medical condition. Never disregard professional medical advice or delay seeking it because of something you read, viewed, heard or thought you saw or heard if you are in distress. Call 911, if you are normal and want to do better in life, call 352-612-1000,
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now, how about that? Did you chuckle? Good, But wait, there's more. Do not listen to the Paul Truesdell podcast while standing on one leg on the top step of a 10 foot ladder during a hurricane and while blindfolded. Seriously, don't do that. If you are doing that, please get down safely and check yourself into a psychiatric ward now and honestly, don't do anything else that is utterly stupid. Seriously, being stupid is bad. Really, really bad. That's why smart people listen to the Paul Truesdell podcast, and super smart people are clients of one or more of the Truesdell companies. Okay, enough of this. Toodles.
Transcribed by https://otter.ai
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Well, good morning, good afternoon or good evening. Welcome to the Paul Truesdell podcast. My name is Paul Truesdell. It is not Sam farsen. Sam farston has his own podcast in East pajibes, Illinois, so we're not going to talk about that. I'll use my own name. Hey, I'm using a logo shirt. I got a polo shirt that I picked up. Hey, look at that kind of cool. We're doing this both by video and audio. Today I'm drinking my coffee also out of my my fancy corporate mug. On the other side, we got our original family crest lion there. This is episode 501, and I was thinking about, what should we talk about today? And I thought about it a little bit, something came to mind. I thought I would, oh, talk a little bit about something has been bugging me for a long, long time. So let's get into this. And so this is what we're going to do. So what's been bugging me for a long time has been this whole business of climate panic. Go ahead and put the word climate panic, not change, not warming, not cooling, but panic. So let me repeat this. The business of climate panic is a business. No fans or buts about it. Now today, just so you know, in the background, I've got the windows open. Cars may honk their horns. I don't care. I'm not going to do this super professionally. The windows are open and the setting has got the it is what it is. In the background, I've got the greatest hits from Jefferson Airplane and Jefferson Starship plane, and life is good. Weather today in Florida is absolutely phenomenal. So I became suspicious more than a few years ago when I started reading and listening closely to people back in the 1970s explain how the federal government well the level of money that we were spending taxpayer moneys. It just didn't add up. And people well, they were happy to share their projects. They're excited. They were even thankful for getting money back in the 60s and 70s. But I started noticing things were changing. And for example, people who were involved in Wildlife and Parks and zoology, they're always very appreciative. But I noticed something that was happening, and basically it was that these climate programs, those people were mean, they were nasty, and well, suddenly the mood changed. Faces got tight when you started asking about questions. You know, I thought we were getting warmer. I thought we were getting cooler. I thought we needed to recycle. Now we don't need to recycle and and etc. I noticed, you know, eyes would start darting around, and lips would purse, and browsing would furrow, okay. These are all telltale signs that someone is getting ready for, well, a fist fight. I used to pay attention to that years ago, when I had to do police work. Okay, back in the 670s and the early 80s, you know, you could feel the resentment come through the television screen. You could feel it come through the magazines and newspapers back in the day and even on radio. You know, that really told me a lot. And looking at the telltale signs of people means a lot to me. You have verbal and nonverbal communications, and when people get really defensive, to the degree that all these climate panic soothsayers get about how they're spending their money now it's our tax dollars, okay? And well, it seemed to me that people rarely get upset if they're fully transparent and they're coming clean about everything that they're doing. It's kind of like Jesse Jackson in the rainbow coalition, if you question them years ago, oh god. I mean they were going to come after you, like, like, unbelievable. So it is what it is, what it is coffee sip. Now, let's back up a little bit in time and we got Captain green, or what was his name, Captain Kangaroo and Mr. Green jeans, yeah, Al Gore. He is a former United States Senator. If you don't know that, he was also vice president of the United States under Bill Clinton. He ran for president United States. He lost to George Bush in 2000 thank God. And he has leveraged a real silly PowerPoint movie, got himself a, I think a Nobel Prize for that, into billionaire status, got rid of his wife, had just massive properties and flies all around the green earth. And you couple that with the fact that he's on the board of directors of companies like Apple. I. Well, he didn't just stumble into the topic when he made an inconvenient truth that was his little PowerPoint movie back in 2006 See, he'd been circling this issue for a lot of years, and I've always found that interesting, because back then, climate talk had already shifted several times. Look, when I was a youngster, there was a fellow by name of Leonard Nimoy. You might remember him. He was Spock. He was on the TV show Star Trek, which the sidekick to Captain Kirk, played by William Shatner. I love William Shatner. He hosted a television show called In Search of might remember that those of you who are my age or older might remember that younger folks won't remember Leonard Nimoy in any way, shape or form, but I digress. So I'll never forget one episode where Nimoy was warning about an incoming, oncoming Ice Age, not global warming, global freezing. It was one of those holy cow Batman moments for me. I remember sitting there going, I'm terrified, meaning, I don't want to live in the cold anymore. Here's Spock, right? Spock, he's telling us that the world's going to turn into a block of ice. And so I went to the library. That's when you know you had to go to the library. You didn't have the interwebs on your phone instantaneously. I do like to have fun with words. So I went to the library. I did a little bit of reading, and hell no, I'm not gonna I'm tired of the cold. I was ready for a change. Anyways, instead of going back to I was going to go to Dallas, going back home, but then I decided, you know, I saw a lot of opportunity, things happening in Tampa, Orlando and Charlotte, and we settled on on Tampa for a whole bunch of good reasons. I had a lot of godfathers and contacts down here. So that's actually one of the reasons I left Wisconsin moved to Florida, and in fact, it was a super huge reason, also the girls in parkas versus the girls in bikinis, I gotta tell you, there's no choice. Hello, Tampa, clear water in Daytona. It just kind of is what it is. I figured, if we're going to freeze, I might as well start somewhere warm, and then we'll figure it out from there. Okay. Well, then somewhere along the line, the message flipped. Suddenly, we weren't freezing. We were melting. The new line was global warming. I remember people joking, you know, back in the 1980s that if you use hairspray, pretty soon we'd get endless heat coming in. I mean, look, if you kept using hairspray, you could golf into November, because we were destroying the ozone. Okay, you remember a thing called Aqua net? Well, back in the day, my mother, back in the 50s and 60s, at least, even into the 40s and 30s. But she would, if she was alive today, she would say the same thing, I miss my Aqua net. She used to use it religiously back in the 60s and 70s. That was all. You know, the days when ladies had those beehive hairdos. Everything was all. He went to the hair salon on a real regular basis get your your hairdo done, kind of like Marge Simpson, sometimes reality is just as good as the cartoon. But when it came to the ozone scare, suddenly she was well told, and everybody her age that hairspray was punching holes. Now think about this. Hairspray was punching holes in the sky, and those holes would lead to laser beam radiation that would kill all life on Earth.
8:49
Now for you, those of you who are younger, you might think, and oh, he's just making this up. No, folks, I'm not. I live this stuff. They literally said that the Aqua net hairspray would literally destroy the ozone and we'd all just fry. So out went Aquanet, and in came guilt, along with leisure suits. God, it was horrible time in life and the generation of Mellow Yellow. Now this was about the first time that I noticed how quickly a scientific concern could morph into a moral crusade. Let me repeat that. This is when I noticed a scientific concern could morph into a moral crusade. First it was all about the ozone, that was cute. Then it became all about carbon dioxide, CO two. I remember reading, you know, studying in school that carbon dioxide is really important. You need it. So somewhere between the disco era and An Inconvenient Truth, CO two became the villain of the century, despite the fact that you actually have to have CO two to grow plants. You need those plants for animals to eat and. You know, those plants and animals for us to eat and to survive. So for me, I used to say, it's not rocket science. Something doesn't add up. But unless you have 15 PhDs piled higher and deeper and 37 papers that were peer reviewed by one person who agreed with you, and you put your name on all of these that well were written by undergraduates, and then you basically adopted the climate fearing context. Well, you weren't allowed to talk about it. If you squinted your eyes, you pursed your lips, you questioned in any manner, you were terrible, a rotten person. This has been going on for way too long. If it wasn't for Donald Trump, it'd still be this way. It was the beginning of the conditioning that we were all expected to get along and go along rather with science. If you think about it, the worldwide lockdown during covid, we were all conditioned to do that because just trust the science, right? Global warming, global cooling, global change. Just change the narrative. Oh, get the shot. You won't get covid. No, get a booster. You won't get covid. Oh, those who don't get the shot are super spreaders. Okay, you get the point. The more I think about this mass propaganda conditioning has been going on for, well, a long, long, long, long time now. Here What's really funny, though, gosh, I haven't done one of these videos a long time. In 1970s the panic wasn't about too much heat, it was about cooling. The average global temperature had dropped a bit since the 1930s but it was less than one degree. Mind you, but the headlines, it was enough to make the headlines so scientists and journalists, terms I use very loosely and with a great deal of skepticism and cynicism. Well, they started talking about the coming Ice Age. Now the culprit? They had to find a culprit, coal burning, sulfate particles. That's what they said. Those particles reflected sunlight back into space, blocking the warmth from the sun, and the result would be catastrophic cooling. Okay, let me stop for a second here. Never mind the fact that this planet has getting well, it's been getting warmer and cooler way before you know we've been walking around it, unless we've been walking around for hundreds of millions of years, which, who knows, you have progression, but you also have regression. So don't discount the fact that somebody's been around here a long time. But the bottom line is, you can't extrapolate what is going on in one inch and extrapolate that to 100 miles. You understand I'm saying. So you've got a ruler. I've got a ruler here. Let me grab it. So here's a ruler. I love this ruler, by the way, here's a ruler. Okay, now, this is one inch. Now, if you say, what happened in relevance to time, to that one inch to 12 inches, that's one thing, okay, that's 112 of your time frame. And by the way, I use rulers all the time to discuss longevity. You think about it, you're born here, and there's a high probability, you know, when you're 120 you'll be dead. But if you take that one inch and you're trying to apply it to something a million miles away, yeah, if you get it off kilter and you're trying to target something in a straight line, that little, tiny difference makes a big difference over a million miles. But then again, what if it wobbles and gets back into alignment? I see this stuff just isn't tough. Okay? Then around, oh, the mid 1970s the temperature trend reversed. It's been doing that for a long, long time. Now. Things started to warm up a little bit, so we were getting cooler, then we started getting a little bit warmer. So the same people who once warned us that we would freeze and become ice cubes suddenly flipped like a tiddlywink. They told us we would burn the sulfate. Story got dropped. Think about that all of a sudden. Poof. Nope. Gone, gone. Now. CO two that took center stage so yippie, I call yay. Last year, I was going to be an ice cube. Today, I'm going to be a piece of charcoal. And so that's when you got to sit down and you start to think about the conclusions that most of these people are coming to. And frankly, they're all full of plain old, good fashion hogwash. Now. This is one of Japanese scientists. I can't pronounce his name. He put forth an interesting theory. I can get it for you if you wanted. He said that carbon dioxide levels, if they double, you would get about a half a degree, half half a degree of warming. That's not that much. Now I can live with that. I mean, half a degree in Florida, it still gives me plenty of gals and bikinis, and maybe, you know, you have an extra beer or two on the beach when you're younger. And okay, I'll survive the perspiration. But if you assume that the relative humidity stayed constant, meaning warmer air held more water vapor, well, that water vapor could double the warming effect. Now, if you live in Florida and it's summer and we get one of those godforsaken hot days and it's really humid, you know exactly what I'm talking about. So these jag holes are all of a sudden they don't take that into consideration. Now suddenly, a half a degree becomes a full degree. Now let's be clear about this. I don't know about you, but I'm also not entirely sure that when it's 85 degrees, that I'm really that much more uncomfortable at 86 degrees, ah, but one degree. Oh, my God. So I know some people have a holy conniption fit when you cross over from 85 to 86 but I gotta tell you, I just don't feel it all that much to me, it's just not that much of a difference. So a single degree doesn't sound dramatic, but if you plot it on a chart with the right color gradients, and yes, bright red definitely gets your attention, especially among the dumbest among us. And then you have bright red on top and icy blue on the bottom, you can make that one degree look like it's the end of civilization, and that is exactly what these jag holes have done so now, and that's when it comes to CO two that became the universal scapegoat. And that's one of the things I went, Oh, the universal scapegoat becomes CO two. Now, why is this? This is also the time when Chicken Little began winning electoral races. Congress became more of a well, it was populated by money grubbing opportunists and the lobbyists. They all began running to the halls of Congress. You saw this massive explosion in lobbyists everywhere. Oh, it was bad in the 60 business now, like it is 70s, 80s and 90s and going forward, has just been unbelievable. And yes, this sounds very cynical, but the truth is the truth. And those who can't handle the truth, we should watch the end of the movie A Few Good Men for reference as to the facts of a conflicted life. We always live in a conflicted life. That's the reason why I understand Trump. It's all about the art of negotiation. You're never going to get everything you want. You have to negotiate. I have a thing in the world of finance, okay, when it comes to family wealth, services that we provide, they call them the family office. There's no such thing as a free lunch, but in order to get something, you have to give something it. That's that's what we do. It's about factoring it out and letting the client figure it out. Generally speaking, usually give one or two options. And you know, these are the options to take. So now let's pause here for a minute. Okay, let's just pause here. Coffee time again.
18:47
That's beautiful out. I got the windows open. Breeze is blowing across me. I love it. Pay a lot of money electricity. Get what I'm experiencing right now from Mother Nature. Oh, wait a minute. Do I have to pay Mother Nature? Hmm, well, if Al Gore was around, I probably, yeah, I do. It's called carbon credits. Now, around the first Earth Day in 1970 and I remember that I had a backpack with with the earth symbol on it. It was green and white. I had my Earth shoes. Got it. I mean, I was into it. We were recycling. We were doing everything back then the environmental movement shifted its focus, okay? It moved away from the tangible, you know, saving the whales, cleaning rivers, planting trees. I mean, I thought that was cool. I mean, the river should be clean. But then it moved to the intangible, energy, carbon, atmospheric modeling. Why? It's real simple, because the energy sector was worth trillions and trillions of dollars. Wales, not so much. You could build a financial empire around Wales. No. You can't, you cannot build a financial empire around saving whales, but carbon, that's a gold mine for taxes credits and endless Oh, Jesse Jackson type Shakedowns and control. And that's when I realized, and fully realized, and have been talking endlessly about this. This is no longer just about protecting Mother Earth or the planet. This is about power. It's always about power, bureaucratic power, unelected, hogwash, Boulder, dash, I could cuss it like a sailor right now. It's financial power, it's political power, it's the kind of power that thrives on fear, threats and actually highly selective and reputational damaging, punitive enforcement. Let me repeat that everything that we've seen, whether it was covid or, you know, green lives matter, plutocians need to be able to come into the country without any barriers, whether it's, you know, the global warming, cooling, change, or whatever they want to do, it's always based on fear, threats and highly selective and reputational damaging, punitive enforcement. Don't ever forget that they can't stand when people just sit around and talk. Because if you sit around and talk and have a lick of common sense, which sometimes isn't all that common, things seem to kind of work out, which is one of the reasons why those who are clients of mine know we sit down and just chit chat. Who are you? Excuse me, why are you doing what you're doing. Where is it you want to go? Just chat like I don't use these fancy fact finders or these computer illustrations at these dopey financial planners. Oh, I like that. Dopey financial planners. I have to remember that phrase. I don't use those things. I just use a good old calculator. I've been using this calculator for years, Texas Instruments. I'll just use a good old fashioned pen, pull the pen out, and then I'll use a legal pad that's it been doing it no matter what it is. I don't care if it's on the legal side, financial side, real estate side, destined. I don't care what it is. That's how I do things it works. So let's go back to memory lane for a second. You remember every environmental panic since 1970 has actually followed the same formula, okay? One, you announce an impending catastrophe. Oh, my God, door number one, door number two, or door number three, it's all a catastrophe. Then you declare that it's been caused by human behavior. That's right, you and I were guilty the minute we were born. We weren't born into sin. We were born because we were destroying Mother Earth, which also was used for, you know, again, abortion, that was another good reason. Abort a fully functional baby, if you just give it another moment, drag it out and kill it, right? Yeah, we caused all these problems. Then what you have to do is demand immediate, immediate action. You got to do it. Do it now. If you don't do it now, it's like those commercials, you know, buy now. Only 100 customer service standing by. We're taking your calls. Never buy from those a holes. And then what you do is you have to transfer control and money you ready to those making the announcement, right only 1995 and save a tree, buy a tree, save a tree, grow a tree. Save the environment, get your carbon credits. Look, it's the oldest trick in the book, and it works because it plays on guilt. You know, for years and years and years, people were talking about survivors of World War Two and guilting people into giving money for all sorts of different reasons. They're all dead. They're all is anybody alive from World War Two? Yet, I don't think so. Let me think about this. If you were 20 in 1940 Yeah, you might be alive, but there ain't many of you left, so I'm over the guilt. Okay, look, people want to be virtuous. They want to believe that recycling their soda cans and buying a Prius will change the planet's thermostat. No, you do it because it makes you feel good. You're not really going to do that much for the for the world. But I got no problem with recycling. I actually do it. Now I'm not saying that the climate doesn't change. God, dang. Of course it does. It always has. The Earth has warmed and cooled countless times long before you and I were ever around. What I'm saying is we need to be. Cautious about who profits. The word profits from fear who's paying the bill, or, in this case, getting their pockets lined. Okay, just think of gore and and Clinton. I mean, they they nailed it. He just did. Now, when governments and corporations start coordinating global taxes credits and regulations around something as complex and naturally variable as the climate, that's not science. Never has been, never will be. That's business. That's the business of scaring the hell out of you, fleecing you, and business needs accountability, not blind faith. Faith. Now that's an interesting word. It's no coincidence. At the same time, people who lecture you and me about carbon footprints, you know what they do? They fly private planes. They jet off to climate conferences really? Oh, come on. Or they buy those ocean front mansions with walls and guards to keep illegal trespassers out, while at the same time warning us that sea levels are rising and if we don't open our borders, we are disgusting, ignorant, Kool Aid drinking Nazis. And you know, well, it's the truth, right? You see, if they truly believe their own alarmist behavior, talk and everything else, they wouldn't be living near the ocean. They'd be living up on mountaintops, not Malibu, you know, speaking of Malibu, the place that burned like crazy because of really good wildlife and and getting rid of the brush out that way. You know, they always have wildfires in California instead of Malibu. Let's go the other side of the nation, here in Florida, go to Miami. Remember all those predictions about Miami being under 10 feet of water by now dead, didn't quite pan out that way, did it? So the problem is not about caring for the planet. Now, that's common sense. The problem is weaponizing science to justify control. That's all it is. They want control over you and I, when you look at it that way, climate change becomes less about a scientific term and more of a marketing campaign, one that has shifted very seamlessly from ice age to warming to well, everything's a climate crisis. And then here's the key word coming up, climate justice. Justice. We need justice. Put those people in jail who are driving those big, big trucks while I fly off in my jet to a conference on global whatever it is. Look each rebrand is more dramatic than the last, but the goal stays the same, influence, regulations and money period no, ifs no ands No, buts about it. Coffee to break. If you want your very own cup, just get a hold of me. Become a client. Get a mug.
28:23
When I talk about this, people sometimes ask, what's your solution? Well, my answer is really simple. Think that's all you do. Just think seriously, I say this all the time. Think about it. In fact, I used to have that on the license plate of my car for many years. Think about it, ask questions, follow the money. Follow the money. If the science cannot be questioned, remember this, if the science cannot be questioned, it's not science. It's a religion. That's right, it's a religion. Now don't let me get away from you on this one one thing is really perfectly clear about religion, okay? And this is an area that oftentimes causes me to have a problem with people who are extremely religious. So those of you who are very religious, here's I want you to do, take a big, deep breath, let it out. Now, listen, you cannot prove a faith. You know that, that's why it's called faith. There's nothing wrong with that. You cannot prove a faith. There's nothing wrong with that. There's nothing wrong with having a faith and being faithful. That's the essence in the definition of the word faith. Now, if you have something that you absolutely believe in, no doubt about it, but it's not provable in scientific terms, okay? Therefore. Yeah, it becomes what we would call common sense. This makes a lot of sense. It's the only logical explanation. It's just, I trust this. I have faith. But there's a difference between common sense and the opposite, which is nonsense. See, nonsense is when you have faith in something that is utterly, absolutely, unequivocally beyond the exclusion of all reasonable doubt, ridiculous on all levels. Okay, I'll give you let me give you a good example. There are places in the Middle East. I'm not going to be able to get all the names out, but you know, you've got these sarcophaguses and other things. They're just perfectly made. They're so perfect in their manufacturing that today we can't even do this. They want you and I to believe that CRO Magna man, okay, sat back and literally took primitive tools and they just kept working until they got these things. Oh, a whole bunch of them perfect, really, like I say nonsense is when you have faith in something that is utterly ridiculous at all levels. But that's what happened with climate anything and everything in the last few decades, it's climate, yeah, climate nonsense rather than climate. Common Sense. Recycling makes sense, picking up trash makes sense, not being a pig about things makes sense. But a lot of this makes Well, it's nonsense. And I suppose that brings us full circle. Once upon a time, religion warned us of eternal fire unless we confessed our sins and paid our indulgences. Okay, I gotta tell you, what a religion when religion's got a real gig, when they say you can pay money to absolve yourself from sins. Sorry, I just don't buy that it's a business when it's doing that, it's not a religion, in my opinion, which is why there's a lot of religions out there, or denominations or faiths I go. I don't think so. Should be very personal. Now, climate presents, well, let me reward this. Climate priests, there you go. Climate priests. They warn us of, well, planetary fire and brimstone, unless we buy carbon offsets and pay new taxes. It's a different altar, but it's the same sermon. Okay, are you still with me? Are you following this? I'm not telling you what to believe in. I'm telling you to think critically, because fear has always been a powerful motivator, and it's also a very profitable one. Well, ladies and gentlemen, boys and girls, one and all. My name is Paul Truesdell, thanks for listening, and remember connecting the dots starts with asking the right questions, no if ands or buts about it. And so with that, Tippecanoe and Tyler too, I'm out of here later.
33:21
Bye, that concludes the Paul Truesdell podcast. For more information, visit Paul truesdell.com now here's a disclaimer. It's rather long and, frankly, a bit insane, but it's what we have to do for the dumbest among us who like to go through life as endless victims. Okay, here it goes. Due to our extensive holdings and our clients, you should assume that we have a position in all companies discussed, and that a conflict of interest exists by listening, reading or using this document, video, podcast and or website in any manner you understand the information presented is provided for informational purposes only. That's right for informational purposes only, and you agree to our Terms of Use and Privacy Policy. Public and group. Informational items should never be considered professional advice. Obviously, nothing said, written or otherwise communicated, should be construed as an offer, recommendation or solicitation to buy or sell a security naturally and past performance is not a guarantee of future performance. Like you haven't heard or read that a million times before, and listen up. We do not provide tax, legal or psychological advice. Yes, we do not have a couch and pillow with your name on it. And so nothing here in fancy word time, nothing here in constitutes advice or is a substitute for. Professional medical advice diagnosis or treatment. Always seek the advice of your doctor or other qualified health care providers with any questions you may have regarding a medical condition. Never disregard professional medical advice or delay seeking it because of something you read, viewed, heard or thought you saw or heard if you are in distress. Call 911, if you are normal and want to do better in life, call 352-612-1000,
35:34
now, how about that? Did you chuckle? Good, But wait, there's more. Do not listen to the Paul Truesdell podcast while standing on one leg on the top step of a 10 foot ladder during a hurricane and while blindfolded. Seriously, don't do that. If you are doing that, please get down safely and check yourself into a psychiatric ward now and honestly, don't do anything else that is utterly stupid. Seriously, being stupid is bad. Really, really bad. That's why smart people listen to the Paul Truesdell podcast, and super smart people are clients of one or more of the Truesdell companies. Okay, enough of this. Toodles.
Transcribed by https://otter.ai