economics

US Chamber of commerce protests junk science

The second national climate assessment predicts that the United States will “very likely” experience rising sea levels and increasing droughts, heat waves, intense storms and resulting illness and premature death over the next century as climate change intensifies. But, as is the usual practice with climate “science” , the report fails to make available the evidence that supposedly leads to this conclusion, a gross and flagrant violation of normal and …

global warming

Global warming is not science

Science is based on experiment and evidence.  The motto of the royal society was “Nullius in verba”, which means “Take no one’s word for it”.  This motto was reinterpreted to accommodate the “evidence” for global warming. Most science journals have condition of publication that authors must comply with any reasonable request by other researchers for materials, methods, or data necessary to verify the conclusion of the article, which condition has …

economics

Bernanke explains what he is doing wrong

In his speech Governor Ben S. Bernanke observed that if inflationary expectations rise, and the Fed fails to raise interest rates correspondingly, this is unstable. He failed to make the reason for this clear, but the reason is that real interest rates are nominal interest minus expected inflation – so a rise in inflationary expectations causes a fall in real interest rates, causing massive real borrowing – as for example …

war

We won in Iraq

Michael Yon declares the war over. He should know. He has been wandering around the place looking it over. But if we have a few more victories like this one, we will have lost, and Islam won. We cannot do Iran what we barely managed to do to Iraq, and still less can we do to Pakistan what we barely accomplished in Iraq. We are losing in Afghanistan, for it …

economics

Bush rolls back oil prices, MSM in denial

Political correctness is that we should not drill for oil, for more oil will not solve the problem of high and rising fuel prices. Which political correctness the mainstream media firmly endorse. There are multiple bans on oil drilling. Bush ended one of them, which had no immediate effect on oil drilling, for other bans in place. But it had immediate psychological effect. Oil prices immediate dropped about eighteen dollars, …

global warming

Not Science

Recently the CSIRO (Commonwealth Scientific and Research Organization) dressed itself in the robes of high holy science, and portentously announced that the wrath of Gaea was upon us. Other scientists asked for the details of the evidence, but alas, the highly scientific scientists of the CSIRO found themselves sadly unable to provide the evidence.

global warming

Vote Cthulhu for US president

Or if not Cthulhu, Obama. When I started writing this, McCain had the the most violently anticapitalist program of any presidential candidate, his cap and trade policy. Obama, having started out at lunatic left in the primaries, is heading rightwards at high speed, and his “cap and trade” policy had become a mere pigovian carbon tax, making him considerably less anti capitalist than McCain. McCain, finding himself outflanked, quietly dropped …

war

“Governance in the Wilderness”

“Governance in the Wilderness” is merely a retranslation of the same Al Quaeda document earlier translated as “the Management of Savagery” or “the Management of Barbarism” The author concluded that 9/11 was unsuccessful, in that it failed to intimidate Americans, and the American retribution was severe. He correctly predicted that the attempt to set up a new Caliphate in Bahgdad was much premature, and would be defeated, as it was. …

links

American empire is not working

I have long argued that the US should focus on destroying its enemies and not attempt to hold ground. Global Guerrillas observes that it was only when the Army/Marines attempted to hold ground that the US military ran into trouble. These advocates maintain that the US military should never hold ground in the future Who are “these advocates”?