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William Curry
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William Curry

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Now genetically engineering life to survive on Mars is an undergrad research project!
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William Curry

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"if your image is that we’re deeply in hock to foreigners, that our extravagance has condemned us to a future of debt peonage, you’re wrong."

http://krugman.blogs.nytimes.com/2011/12/31/us-net-investment-income/
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William Curry

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"We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men." - George Orwell
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William Curry

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Confirmation Bias, making Americans stupid for over two centuries:

http://m.theatlantic.com/magazine/archive/2011/12/i-was-wrong-and-so-are-you/8713/
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William Curry

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Jeff Jockisch originally shared:
 
The free internet is under assault
It's really sad that these politicians continue to force bad legislation down our throats as they cater to corporate interests. Big business sure hates those stifling regulations... except the ones that carve out new markets and revenues for them.

Stop Online Piracy Act
https://www.eff.org/deeplinks/2011/10/disastrous-ip-legislation-back-%E2%80%93-and-it%E2%80%99s-worse-ever

PROTECT IP Act
http://vimeo.com/31100268

Commercial Felony Streaming Act
http://www.techdirt.com/articles/20111028/12580416553/justin-bieber-senator-klobuchar-should-be-locked-up-felony-streaming-bill.shtml
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Most of all, do NOT forget ACTA
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William Curry

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You should debunk in such a way that your opponent can't rebunk.
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Salvaging The Mythology Of Man-Caused Global Warming [http://www.forbes.com/sites/peterferrara/2011/12/01/salvaging-the-mythology-of-man-caused-global-warming/]:

If you read this column completely and carefully today, you will learn about the true state of the scientific debate over global warming. You will not get the truth about that from the Washington Post, the New York Times, or the rest of the self-regarded “establishment” media. They are devoted to the fun and games of play acting as if there is no legitimate scientific debate over whether mankind’s use of low cost, reliable energy from oil, coal and natural gas portends catastrophic global warming that threatens life on the planet as we know it.
Recently, the media Knights Templar of the religious orthodoxy of man-caused global warming made a contrived pass at reviving flagging public respect for their fading catechism. The occasion was massively overhyped and misrepresented reporting of the Berkeley Earth Surface Temperature (BEST) project. But all that was new from that project was the departures from the official catechism.

The project reported only on the recorded temperature history since 1950 from temperature stations on land, which covers less than 30% of the earth’s surface. As the project leader Berkeley Professor Richard Muller reported in a Wall Street Journal commentary on October 21, after obtaining and reviewing “more than 1.6 billion measurements from 39,000 [land based] temperature stations around the world… the result showed [drum roll please] a temperature increase similar to that found by other groups.” Those are most prominently NASA and the National Oceanic and Atmospheric Administration in the U.S., and the Met Office and Climatic Research Unit in the United Kingdom.

In other words, that is nothing new. But this review and confirmation of the established land based temperature records that everyone working on the issue is familiar with was widely celebrated in the liberal/left Democrat Party controlled media as definitive new proof of the truth of the man-caused global warming religion.

Muller, however, was more intellectually honest than any of them in confessing in the Journal article that the BEST project involves no independent assessment of the question of “how much of the warming is due to humans and what will be the likely effects.” But that is the whole issue in the global warming debate.

Muller also honestly admits that “The [land based] temperature station quality is largely awful,” noting that “A careful survey of these stations by a team led by meteorologist Anthony Watts showed that 70% of these stations have such poor siting that, by the U.S. government’s own measure, they result in temperature uncertainties of between two and five degrees Celsius or more. We do not know how much worse are the stations in the developing world.” He adds that, “The margin of error for the stations is at least three times larger than the estimated warming.”

He also admits that the land based temperature records are corrupted by urban heat island distortions which are constantly growing over time, building in a warming bias. He recognizes that the established temperature authorities mentioned above today use data from only about 2,000 weather stations, down from 6,000 in 1970, which raises questions about their selections among available sites.

Moreover, Muller admits the recognized temperature authorities try to homogenize the temperature records from the thousands of temperature stations around the globe to come up with a summary statistic of the degree of global warming, and serious questions can be raised as to how to do that, disputing a large portion of the warming attributed to humans. Muller also confesses that one-third of land based temperature stations worldwide show cooling rather than warming.

These concessions are important to recount because of more basic problems with the established land based temperature record that Muller doesn’t confess. Weather satellites measuring atmospheric temperatures worldwide, over land and water, which are not subject to the above troubles of land based weather stations, show no warming since their record began in 1979, and before that there was actually global cooling dating back to 1940. The satellite record regarding atmospheric temperatures is independently confirmed by weather balloons. Moreover, the computer based climate models utilized by the UN’s own Intergovernmental Panel on Climate Change (IPCC), and the atmospheric theory they rely upon, all insist that if man’s use of carbon based fuels was warming the planet, the atmosphere must be warming faster than the surface.

In addition, the scientifically recognized temperature proxy data from tree rings, ice cores, lake and ocean sediments, and stalagmites also show no warming since 1940. Note that the warming before 1940 is attributable to the global recovery of temperatures from the Little Ice Age, and even the land based records show no warming over the last 13 years.Fred Singer concludes as a result “It is very likely that the reported warming during 1978-97 [from land based weather stations] is simply an artifact — the result of the measurement scheme rather than an actual warming.” When Singer sent a letter to the editor to the global warming cheerleading Washington Post, pointing out the above anomalies and his conclusion, he reports the peculiar response that “they were willing to publish my letter, but not my credentials as emeritus professor at the University of Virginia and former director of the U.S. Weather Satellite Service. Apparently, they were concerned that readers might gain the impression that I knew something about climate.”

But there is more. Even the land based temperature record is not consistent with the theory of man-caused global warming. That record does not show persistent warming following persistent growth of CO2 and other greenhouse gases. Rather, it shows an up and down pattern of temperatures more consistent with natural causes. Those include solar flare and sun spot cycles, and the periodic cycling of warm and cold water in the oceans from top to bottom, particularly the Pacific Decadal Oscillation (PDO).

The truth is a vigorous global scientific debate persists over whether man’s use of carbon-based fuels threatens to cause catastrophic global warming, and the media not reporting that is not performing journalism. The most authoritative presentation of this debate can be found in the 856 page, Climate Change Reconsidered, published by the Heartland Institute in 2009. This careful, thoroughly scientific volume co- authored by dozens of fully credentialed scientists comprehensively addresses every aspect of global warming, and indicates that natural causes are primarily responsible for climate patterns of the last century. Heartland has just published a follow up 416 page Interim Report updating the debate.

When you run across a Knight Templar threatening you with a lance and a sword unless you confess the truth of catastrophic man caused global warming, ask him for his rebuttal to Climate Change Reconsidered. You will find the effect is like showing a cross to a vampire.

Indeed, the latest and best work actually provides scientific proof that the man-caused global warming catechism is false. Fully documented work by Roy Spencer, U.S. Science Team Leader for the AMSR-E instrument flying on NASA’s Aqua satellite, and Principal Research Scientist for the Earth Systems Science Center at the University of Alabama at Huntsville, shows using atmospheric temperature data from NASA’s Terra satellite that much more heat escapes back out to space than is assumed captured in the atmosphere by greenhouse effects under the UN’s theoretical climate models. This explains why the warming temperature changes predicted by the UN’s global warming models over the past 20 years have been so much greater than the actual measured temperature changes.

In August, 2011 came the results of a major experiment by the European Organization for Nuclear Research (CERN), involving 63 scientists from 17 European and U.S. institutes. The results show that the sun’s cosmic rays resulting from sunspots have a much greater effect on Earth’s temperatures through their effect on cloud cover than the UN’s global warming models have been assuming. This helps to explain why the historical pattern of temperature changes seems to follow the rise and fall of sunspots, rather than the concentration of CO2 in the atmosphere. This further confirms what Heartland’s Climate Change Reconsidered argues — that natural causes have the dominant effect on Earth’s temperatures, not greenhouse gases.

Finally, the UN’s own climate models project that if man’s greenhouse gas emissions were causing global warming, there would be a particular pattern of temperature distribution in the atmosphere, which scientists call “the fingerprint.” Temperatures in the troposphere portion of the atmosphere above the tropics would increase with altitude producing a “hotspot” near the top of the troposphere, about 6 miles above the earth’s surface. Above that, in the stratosphere, there would be cooling. But higher quality temperature data from weather balloons and satellites now show just the opposite: no increasing warming with altitude in the tropical troposphere, but rather a slight cooling, with no hotspot, no fingerprint.

So the scientific foundation for shutting down our modern, 21st century, industrial economy has been obliterated. But that is not stopping religious crusaders, due to the extremist ideology and special interests driving the global warming charade.

Commenters, you can pass on the ad hominem attacks. No one is the least bit interested.
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Avoid law school, go to technical college. So say the hedge funds:

http://online.wsj.com/article/SB10001424052970204224604577030562170562088.html
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William Curry

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David Veksler originally shared:
 
"The Senate's PROTECT IP Bill, designed to stop piracy, now has a matching bill in the House: E-PARASITE. It would have been tough to top PROTECT IP, but they've managed to do it. It contains provisions that will chill innovation. It contains provisions that will tinker with the fundamental fabric of the internet. It gives private corporations the power to censor. And best of all, it bypasses due legal process to do much of it.
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William Curry

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No debt crisis, no austerity needed.
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The author of that article needs to listen to Peter Schiff. I'm not gonna go through the whole thing, but low rates and intentional "savers" who buy treasury bonds can still "starve" the savers (the holders of government debt) because it pushes yields down further than the market would have set them at (at least most of the time). This is obvious during QE2, a 10-Yr. Treasury yield was below...what?

He also is sticking up for the government bond issuance as a place for people to save money...like they cannot do the same thing at a bank? This is just an argument for the market rather than intervention. Only when they save/invest at a bank, they don't have to worry about how the State eats up and diverts resources from normal market allocation, they worry about profitability ,which helps build confidence, rather than relying on the coercive monopoly "confidence" the State provides. The government takes its money and buys missiles and missiles need metal and silicon, therefore, in markets where metal or silicon is required their prices are higher.

But, that is a minor point, Paul makes the case that the increases in the money stock are inflation, not price levels. The author identifies other Austrian points, but not this one.

Trying to bash Paul for wanting the market to "clear" the debt is absurd. The stance Paul takes on this is probably not entirely economic anyway; he is a libertarian. He doesn't want the government going into debt and at the same time distorting resource price signals because of it.
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