Tuesday, November 15, 2011

The Wall Street Journal: The President's Venture Capitalist - WSJ.com

Lately Energy Secretary Steven Chu has been dismissing his Solyndra critics with mock apologies: "Hindsight is often said to be 20/20," he said last week. "In this case I think some of the hindsight was 20/10, or even better—clairvoyant." Ho ho ho. Maybe Mr. Chu will be more contrite when he pays a visit to the House Energy and Commerce Committee Thursday, but for now let's step back and review the story of this fiasco.

Mr. Chu's defense is particularly ironic because the self-proclaimed clairvoyants—make that carnival mind readers—actually inhabit the White House. The Solyndra economic model is that government knows how to allocate the national wealth better than private investors do, with Mr. Chu among the oracles who saw something in the now-bankrupt solar panel maker that capital markets never did. To adapt Rick Perry, oops.

Study: Daily climate becoming more erratic - UPI.com

Princeton University researchers say extremely sunny or cloudy days are more common than in the early 1980s, and swings from thunderstorms to dry days rose considerably since the late 1990s.

Jobs? Who cares about jobs? | jobs, oil, refineries - Victorville Daily Press

President Barack Obama has been on a seemingly non-stop, jobs-themed reelection tour for months. Yet he just postponed for at least an additional two years the creation of thousands of highpaying, private-sector jobs building a pipeline to bring $15-a-barrel Canadian oil to American refineries. The political cynicism here is stupefying.

Psychologist: Global warming just like 9/11? | JunkScience.com

Though the physical harm from large disasters is limited to those in the immediate region, the mental effects can spread farther. “We’re almost experiencing these things in real time because of the proliferation of technology, almost as if we are there,” said Doherty. “It’s like 9/11: A lot of people felt traumatized by watching those events through their TV screens.”

However, gradual climate changes can also affect mental health. “When the climate shifts or the pattern that people are used to over generations shifts, that impacts people,” said Doherty.

“We may have anxiety about weather shifts because of our jobs and livelihoods”…

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