Tuesday, February 09, 2010

Geithner's Lifelong Love of Bailouts | Mark A. Calabria | Cato Institute: Commentary

Geithner's Lifelong Love of Bailouts | Mark A. Calabria | Cato Institute: Commentary: "If there's a common thread to almost every bank bailout over the last 15 years, it's that Timothy Geithner was always somewhere in the room. Each of these 'rescues' brought short-term stability to our financial markets — but only at the cost of long-term instability."

IPCC Imperialism on Indian Glaciers | Swaminathan S. Anklesaria Aiyar | Cato Institute: Commentary

IPCC Imperialism on Indian Glaciers | Swaminathan S. Anklesaria Aiyar | Cato Institute: Commentary: "Climategate-II is the revelation that the 2007 report of the International Panel on Climate Change, saying Himalayan glaciers might disappear by 2035, was not science at all but idle, unsubstantiated speculation.

It speaks volumes for the huge biases within IPCC that it took two years for this hoax to be exposed. Any hoax opposing the global warming thesis would be exposed in ten seconds flat. The IPCC is willing to swallow unexamined what it finds convenient, while raising a thousand technical objections to anything inconvenient. This is religious crusading, not objective science. The tactics being used to discredit and destroy heretics is reminiscent of the Spanish Inquisition."