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Monday, April 21, 2014

Bank Of North Dakota Sets Profit Record For 10th Straight Year; Connecting The Dots

The Bismarck Tribune is reporting:
The Bank of North Dakota has set a profit record for the 10th straight year.
The nation's only state-owned bank made $94.2 million in profits last year. That's up from $81.5 million in 2012.
Bank profits have increased by $60 million since 2004.
The bank's annual report says assets at the Bismarck-based institution have grown to $6.8 billion.
The string of profit records pre-dates the Bakken.

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Connecting The Dots
The Keystone And Politics

This is why I enjoy connecting the dots. Earlier it was reported by the Washington Post that NCB's "Meet The Press" is dead last among the three Sunday morning talk shows, after leading the pack by a large margin for the past decade. The host, David Gregory, says he was hard-pressed to understand why.

Now we know why. He was unable to call out Ms Wasserman during the following exchange. Mr Gregory clearly does not have the cajones to go where the story leads. CNBC is reporting:
Politicians make their living shading the truth. But even by those low standards, Democratic National Committee Chair Debbie Wasserman Schultz offered a whopper on Sunday, saying that the Obama administration's latest non-decision on the Keystone XL pipeline was not political.
"As a member of Congress who represents hundreds of thousands of people in south Florida, I want to make sure the right decision is arrived at and that the president makes that decision carefully and doesn't factor politics into his decision, which I don't think he is," Wasserman Schultz said on NBC's "Meet the Press," somehow managing to maintain a straight face.
The decision to once again punt on Keystone was, of course, entirely political.
I assume Mr Gregory kept a straight face, and portrayed a philosophical bent to the discussion. Wow, I'm glad I don't watch the Sunday morning talk shows, and especially "Face the Nation."

By the way, this is one story we will never see on NBC's "Face the Nation": "The Epic Hypocrisy of Tom Steyer." is reporting:
Billionaire hedge fund operator and “green” energy magnate Tom Steyer has pledged $100 million in the 2014 election cycle to help Democratic candidates who oppose the Keystone pipeline and who favor “green” energy over fossil fuels. Steyer claims to be a man of principle who has no financial interest in the causes he supports, but acts only for the public good. That is a ridiculous claim: Steyer is the ultimate rent-seeker who depends on government connections to produce subsidies and mandates that make his “green” energy investments profitable. He also is, or was until recently, a major investor in Kinder Morgan, which is building a competitor to the Keystone pipeline. 

But Steyer’s hypocrisy goes still deeper. Today, he is a bitter opponent of fossil fuels, especially coal. That fits with his current economic interests: banning coal-fired power plants will boost the value of his solar projects. But it was not always thus. In fact, Steyer owes his fortune in large part to the fact that he has been one of the world’s largest financers of coal projects. Tom Steyer was for coal before he was against it.
Didn't Algore's fortune begin with tobacco?

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Global Warming: Slowest Start To Tornado Season On Record
Global Warming Climate Change Extreme Weather Ice Age Now

Brad Panovich is reporting, using national (NOAA) data: Slowest start to tornado season on record through 4/17 based on inflation-adjusted tornado trends.

Now we have warmists praying for tornadoes and hurricanes just to be able to "say they were right."

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