Journal: Wall Street & the Obama Administration

Chuck Spinney sends…. Obama’s Big Sellout The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway MATT TAIBBI Rolling Stone Dec 09, 2009 Phi Beta Iota: We include the entire article below to share Chuck Spinney’s value-added highlights.  See the original article without highlights by …

Journal: ClimateGate, Copenhagen, Integrity

Climategate: Science Is Dying  (WS) The East Anglians’ mistreatment of scientists who challenged global warming’s claims—plotting to shut them up and shut down their ability to publish—evokes the attempt to silence Galileo. The exchanges between Penn State’s Michael Mann and East Anglia CRU director Phil Jones sound like Father Firenzuola, the Commissary-General of the Inquisition. …

Review: The End of Money and the Future of Civilization

EXTRACTS from A Book Review by Richard C. Cook (FREE VERMONT MEDIA) It’s too late for anyone to pretend that the U.S. government, whether under President Barack Obama or anyone else, can divert our nation from long-term economic decline. The U.S. is increasingly in a state of political, economic, and moral paralysis, caught as it …

Journal: Climate battle bill to top $300 billion–Guyana

PORT OF SPAIN — The true cost of fighting climate change will top 300 billion dollars and developed countries may balk at footing the bill, Guyana’s Prime Minister Bharrat Jagdeo said Saturday. Leading economists have calculated that “the cost of action and mitigation would be about one percent of the global economy,” he told journalists. …

Journal: ClimateGate Meets Yamal Divergence

Phi Beta Iota: ClimateGate has outraged us for two reasons–first, the lack of integrity among the scientists and the selected United Nations officials concerned; and second, the naivete, ignorance, or corruption of government officials  all too eager to create a new Global Warming Complex that profits from carbon trades (another form of phantom wealth) while …