“Remember, brokers working in the Twin Towers were buying put options on airline stocks the day they killed themselves.“
MK: The accounting firms are part of the 5-part criminal syndicate tearing apart America for a few bucks; the other 4 parts being, lawyers, rating agencies, fund managers and banks. As I’ve recounted many times, when I was CEO of HSX – our accountants KPMG offered us a whole range of techniques to cook the books ahead of an IPO at BearSterns. The question was never ‘should you cook your books,’ but rather, ‘which book cooking scheme works best for you.’ There is virtually nothing that goes on in business or Wall St. that is not outright fraud resulting in the twin catastrophes of our age: 20% (and rising) unemployment and an AGW holocaust threatening premature human extinction. Until anti-racketeering laws are implemented, there is no end in either unemployment or AGW eco-holocaust
Greg Palast Arrested — Busted by BP in Azerbaijan
Cold and snowy winters will be the rule, rather than the exception,” says Dr James Overland of the NOAA/Pacific Marine Environmental Laboratory in the United States. Dr Overland is at the International Polar Year Oslo Science Conference (IPY-OSC) to chair a session on polar climate feedbacks, amplification and teleconnections, including impacts on mid-latitudes.
“While the emerging impact of greenhouse gases is an important factor in the changing Arctic, what was not fully recognised until now is that a combination of an unusual warm period due to natural variability, loss of sea ice reflectivity, ocean heat storage and changing wind patterns working together has disrupted the memory and stability of the Arctic climate system, resulting in greater ice loss than earlier climate models predicted,” says Dr Overland.
“The exceptional cold and snowy winter of 2009-2010 in Europe, eastern Asia and eastern North America is connected to unique physical processes in the Arctic,” he says.
Yesterday, in comments, I told @ROVSKI that I assumed this high pressure system over Arctic was just a one off weather event. I wasn’t aware that polar scientists were suggesting it could be a more permanent feature. Dr. Overland presented this to 2400 other polar scientists. I will look for any responses to his presentation.
As I speak to you today, the Colorado River is facing a record drought. The period between 2000 to 2010 has been the driest 11-year period in the 102-year historical record for the Colorado River Basin. Moreover, scientists who examined tree-ring data estimate that this period is one of the driest in the Basin in over 1,000 years.
And there are no clear signs of an end to this drought. The countless communities that rely on the river to sustain them are being forced to make tough choices at a time with few obvious solutions in sight.
Moreover, as we enter our second decade of drought conditions, another reality complicates the picture: climate change and its emerging challenges—challenges that we are only just beginning to understand– may dwarf in complexity the issues that the Basin States have faced so far. Some estimates have identified a risk of a 20-30 percent decline in available water supplies in this Basin due to climate change.
Again, I know this is complicated, but some areas will become unusually dry, while others will become unusually wet.
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