Climate Reasearchers Busted With Own Emails

[Ralphy]

Do you sense the coming? Corruption in the American Government is bringing the good old USA down. Not the rich not the poor and especially not us working schleps. It is these elected officials who are voted in that are intended to monitor the masses. These crooks put their self interest in front of the train. Maybe thinking, what damage could my little piece do? Why, this country has a vast wealth. This constant piling on has finally pushed us near the edge. The motors broke, it has been broken for decades with no service. Catastrophic failure is near.

Do you sense it coming?


Mid-Day Report: Yen Surges on Moody's Warning to US and UK, BoC Unchanged

08 Dec, 2009 @ 06:51 pm ET | written by ActionForex

Yen is bid up in European session today as risk aversion seems to be back in the driving seat. Moody's Investor Services said that sovereign rating of US and UK may test the boundaries of the Aaa status because of deteriorating public finances. Both US and UK fall in the "resilient" category, comparing to "resistant" top ratings of Canada, Germany and France. In the report, Moody's said that vulnerable countries' finances face big challenges "and seem stretched beyond the point of 'no return' to the Aaa category." Yen is also lifted by concern in the Japanese economy after the Japanese government announced a 7.2T JPY economic stimulus package just a week after BoJ released a 10T JPY credit program. The government emphasized the need to make economy recovery "solid" in face of "severe economic and employment situation, the yen's rise and deflation."

Sterling continues to be the worst performer today, weighed down by worst than expectation production data. Industrial production and manufacturing production were both flat mom in October versus expectations of 0.5% and 0.4% rise respectively. Investors remain in deep concern over UK's fiscal health right ahead of tomorrow's pre-budget release. UK Chancellor Darling said the country can manage the current "level of borrowing" and there is no need for a determined effort to get the debts down. He said he'd rather be "found guilty of removing the support slightly too late than slightly too early." If remains doubtful on how Darling could reduce the GBP 175b budget deficit, given that UK is the only G10 country that's still in technical recession would probably requires more stimulus from the government. Other data from UK saw CBI industrial trends orders improved slightly to -42 in December. BRC retail sales rose 1.9% in November.

Bank of Canada left rates unchanged at 0.25% as widely expected and reiterated the conditional commitment to hold rates unchanged till Q2 of 2010. In the accompanying statement, BoC said that economic developments has be slightly "more positive" relative to the October MPR. Growth in Canada is expected to become more "solidly entrenched" over the projection period and inflation will return to 2% target in H2 of 2011. Also, the bank restated that the persistent strength in Canadian dollar could " act as a significant further drag on growth and put additional downward pressure on inflation." USD/CAD is a touch higher on broad based strength of dollar.

Other data released today saw Canadian housing starts rose slightly to 159k in November. German industrial production unexpectedly dropped -1.8% mom in October. Japan leading indicator rose slightly to 89.7 in October. Eco watcher surveys deteriorated to 33.9 in November. Current account surplus came in at 1.38T JPY in October. Australia current account deficit widened to AUD -16.2B in Q3. NAB business confidence rose from 16 to 19 in November.

We have had a AAA rating for decades.

[Excaliber]

Tom, the article link you posted makes some good points, but I think it misses some important and relevant points. Society, in general, is in a decline as I see it, which seems to be the fundamental subject of the article. What to do about it is complex, perhaps we are to late for a solution.

While the article call's for less Government it is an unbalanced call, in my opinion. The recent economic crisis of failed banks, Wall St., etc. show that "big business" cannot be trusted anymore than "big government". Wall Street simply cannot regulate itself. Greed and power is the fundamental problem, Gov or not. HOW to get a handle on THAT remain's illusive.

I was recently talking to a fellow who was complaining about all the Gov "welfare" programs. Those lazy good for nothing people "eating from the public trough". A bit later in our conversation he explained his plan to avoid paying various taxes, which was clearly an illegal plan. How ironic I thought, he IS the very people he complains about!

[bomelia]

Originally Posted by Excaliber

Tom, the article link you posted makes some good points, but I think it misses some important and relevant points. Society, in general, is in a decline as I see it, which seems to be the fundamental subject of the article. What to do about it is complex, perhaps we are to late for a solution.

If we cannot fix our society (something MUCH simpler than Climate Modification), how do we suppose we can fix the climate? I feel that in the end, AGW will be discredited (at least in its magnitude vs what Earth does on its own). The one thing that we CAN fix is our society. That is definitely within our control. (hey, I am trying to stay on topic)

Mike

[Excaliber]

The GOP is on the right track at this time, NO new laws until we get a handle on the screwed up, white washed data!

Fixing greed and power mongers is going to be tougher than the climate, I suspect.

[bomelia]

There is a difference between "simple" and "easy". Easy means we line them all up and shoot them. Problem solved. But.....

You know, these greedy bastards, both on Wall Street and in Congress should be recognized as what they trully are: a threat to our national security. If our markets fail completely, then we have no national security. We would have chaos, poverty, disease, homelessness (sp??) on a horific scale, and so on. We could not pay our Army. We would be easy pickins for the bad guys. Osama knew what he was doing when he went after our financial heart.

Like it or not, the effects of 9/11 (on top of all the corruption) are still reverberating throughout our country.

Mike

[Ralphy]

More fuel on the fire from Russia.

According to an analysis of the report in the Russian daily business newspaper Kommersant, the stations cover most of Russia but the Hadley Center used only 25% of the stations in its reports, typically ones closer to large population centers. The data from the unused stations reportedly did not show any substantial warming trends.

Russia accounts for a major share of the world’s total land mass, so erroneous data there could have a significant impact on global temperature readings

http://blogs.investors.com/capitalhi...-tampered-with

[Ralphy]

I heard on the Neal Boortz show here in ATL. A fella decided to go find some of NASA's test stations. He found one with a light bulb on inside the unit burning 24/7. Another next to an AC unit blowing hot air and more.

[Excaliber]

Hmmm, that Russkie data could be interpreted another way. Showing that warming, near population centers, is greater than in less populated areas. Therefore, leading one to conclude that "man" is the greater threat to warming than nature!

Just saying,,, it's a given these guys these guys will "spin" the data points in their favor.

[Ron61]

Warmer near population centers has always been normal. why do you think the cave men huddled together before fire. Because the more bodies in an area the more heat. That isn't exactly an earth shaking discovery.

Ron

[lnfletcher]

Originally Posted by Ron61

Warmer near population centers has always been normal. why do you think the cave men huddled together before fire. Because the more bodies in an area the more heat. That isn't exactly an earth shaking discovery.

Ron

It is for liberals trying to find something new to bolster their argument.