Newsbytes: Climate Scientists Turn Skeptical As Climate Predictions Fail
The Mail on Sunday today presents irrefutable evidence that official predictions of global climate warming have been catastrophically flawed.The graph on this page blows apart the ‘scientific basis’ for Britain reshaping its entire economy and spending billions in taxes and subsidies in order to cut emissions of greenhouse gases. The graph shows in incontrovertible detail how the speed of global warming has been massively overestimated....
Climategate 3.0: Media only concerned with number of scientists on warmist list for Kyoto; ‘No one is going to check…PhDs’
Distribution for Endorsements –
I am very strongly in favor of as wide and rapid a distribution as
possible for endorsements. I think the only thing that counts is
numbers. The media is going to say “1000 scientists signed” or “1500
signed”. No one is going to check if it is 600 with PhDs versus 2000
without. They will mention the prominent ones, but that is a
different story.
Conclusion — Forget the screening, forget asking
them about their last publication (most will ignore you.) Get those
names!
It Begins: Confiscation of Private Funds by Government Desperate for Cash
...The surprise decision by euro zone leaders to part-fund a bailout of Cyprus by taxing bank deposits sent shockwaves through financial markets on Monday, with shares and the bonds of struggling euro zone governments tumbling.
The bloc struck a deal on Saturday to hand Cyprus rescue loans worth 10 billion euros ($13 billion), but defied warnings - including from the European Central Bank - and imposed a levy that would see those with cash in the island's banks lose between 6.75 and 9.9 percent of their money.
The initial response of investors was unambiguous. Shares lurched lower, the euro fell to a new three-month low, while safe-haven assets such as gold and German government bonds jumped.
The cost of insuring the debt of even high-quality European banks against default also rose sharply with analysts citing fears the decision could spark contagion across peripheral regions with the potential for widespread outflows of deposits.
"If I were a saver, certainly in Spain or maybe Italy, I think I'd be looking askance at these measures and think this could yet happen to me," Peter Dixon, global financial economist at Commerzbank said....
...The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency’s first foray into consumer investments.
“That’s one of the things we’ve been exploring and are interested in in terms of whether and what authority we have,” bureau director Richard Cordray said in an interview. He didn’t provide additional details.
The bureau’s core concern is that many Americans, notably those from the retiring Baby Boom generation, may fall prey to financial scams, according to three people briefed on the CFPB’s deliberations who asked not to be named because the matter is still under discussion.
The retirement savings business in the U.S. is dominated by a group of companies that handle record-keeping and management of investments in tax-advantaged vehicles like 401(k) plans and individual retirement accounts. The group includes Fidelity Investments, JPMorgan Chase & Co. (JPM), Charles Schwab Corp. (SCHW) and T. Rowe Price Group Inc. (TROW) Americans held $19.4 trillion in retirement assets as of Sept. 30, 2012, according to the Investment Company Institute, an industry association; about $3.5 trillion of that was in 401(k) plans....
... The $19.4 trillion sitting in personal retirement accounts like the 401K may be too tempting an apple for a government that is quite broke, both monetarily and morally. The U.S. Consumer Financial Protection Bureau director Richard Cordray recently mentioned these accounts in a recent interview, stating “That’s one of the things we’ve been exploring and are interested in, in terms of whether and what authority we have.”
This agency, created by the 2010 Dodd-Frank-Act, is very concerned about how safe your retirement savings are. They are apparently concerned that retiring baby boomers may become victims of financial scams.
If the government takes control of retirement accounts, it will not be called “nationalization.” There will most likely be an indecipherable document that provides an opt-out option (initially), but why would you want to do that? The US government only wants to ensure the safety of your retirement funds; they did after all create a new bureaucracy for that specific purpose. And what could be a safer investment than US bonds?...
Dad says Facebook photo of son with gun brought cops to house
...Moore insisted that he wouldn't open the safe where his guns are kept-- as no warrant was allegedly presented to him -- and that a lady from the Department of Youth and Family Services refused to identify herself.
The Associated Press says that neither the department nor the police were prepared to comment on the alleged visitation and its purpose.
Moore said none of his visitors had actually seen the photo. He alleges they had merely received a phone call reporting its details.
The rifle was reportedly Josh Moore's 11th birthday gift. ...
UK downplays climate change in school curriculum
...The proposed curriculum has stoked fears among climate activists and scientists who argue that teaching climate change in schools has helped young people become ardent supporters of government policies and local actions to tackle climate change....
