Tuesday, February 10, 2009

From Benny Peiser's CCNet:
The first questions most people ask me these days are how could all those
global warmers have got it so wrong and is there any good news?

My answer is to remind them of the millennium bug, the dot com bubble and
the credit crunch, together these have caused tens of thousands of the
worlds most highly paid and computer literate people to succumb to a mass
hysteria.

The good news is that despite all the carbon dioxide pouring into the
atmosphere over the past decade the temperature has not gone up a jot.

The reason is that the sun which provides all the energy that warms the
Earth, has put a new spotless hat on.

The bad news is that we should not shout hooray to loud because we may be
jumping out of the frying pan into the freezer.

David Bellamy
Transcript: Obama does a lengthy press conference; not a single word about global warming. However, he did talk about stimulating the RV business
They'll be jobs building the wind turbines and solar panels and fuel-efficient cars that will lower our dependence on foreign oil and modernizing our costly health care system that will save us billions of dollars and countless lives.
...
Part of the problem in Elkhart that I heard about today was the fact that -- this is the R.V. [recreational vehicle] capital of America. You've got a bunch of R.V. companies that have customers who want to purchase R.V.s, but even though their credit is good, they can't get the loan.

Now, the businesses also can't get loans to make payments to their suppliers. But when they have consumers, consumers can't get the loans that they need. So normalizing the credit markets is, I think, step number two.

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