Saturday, 26 December 2009

An Old Failed Prediction of Global Warming
In 1976 Stephen Schneider published a book called The Genesis Strategy. It is about how near term cooling of the earth’s climate would cause famines around the world. Schneider, at that time the Deputy Head of the Climate Project ant NCAR, proposed storing food to avoid mass starvation.

New climate pact will be ‘firmer’ against defaulters: Pachauri
Nearly two thirds of the continental USA gets a white Christmas
Just 16 Ships Expel as Much Pollution as All the Cars in the World
Christmas storm sweeps across America


Christmas Back On! Build-A-Bear Surrenders, Pulls Videos
By the end of what must have been a terrible, horrible, no-good, very bad day in Build-a-Bearville, CEO and Founder Maxine Clark published the following letter to the public.

Princeton Economist and Computer Scientists Show that Derivatives Are Inherently Vulnerable to Fraud
As I have previously noted, credit default swaps are destabilizing for the economy. See this. And the models used to evaluate financial instruments – such as the Gaussian copula formula for CDOs – are inherently flawed.

Brace For Impact: In 2010, Demand For US Fixed Income Has To Increase Elevenfold… Or Else
‘871 Billion’ Reasons to Buy Gold: Strategists