Global Climate Change: November 21, 2009

The Daily Bell
Issue 477 • Friday, November 20, 2009

"History has shown us that "evil" can be much more successful when it can color its deeds with patriotism, duty, and honor."
- Ben Mauldin

 
 

Climatologists Baffled by Global Warming Time-Out

 
Global warming appears to have stalled. Climatologists are puzzled as to why average global temperatures have stopped rising over the last 10 years. Some attribute the trend to a lack of sunspots, while others explain it through ocean currents. At least the weather in Copenhagen is likely to be cooperating. The Danish Meteorological Institute predicts that temperatures in December, when the city will host the United Nations Climate Change Conference, will be one degree above the long-term average. Otherwise, however, not much is happening with global warming at the moment. The Earth's average temperatures have stopped climbing since the beginning of the millennium, and it even looks as though global warming could come to a standstill this year. Ironically, climate change appears to have stalled in the run-up to the upcoming world summit in the Danish capital, where thousands of politicians, bureaucrats, scientists, business leaders and environmental activists plan to negotiate a reduction in greenhouse gas emissions. Billions of euros are at stake in the negotiations. - Der Spiegel
   

Dominant Social Theme: It is JUST a time out!

Free-Market Analysis: Can you hear our crazed laughter from where you sit, dear reader? What are "they" going to do NOW. It wasn't farcical enough that we have been put through a decade's worth of arguments about an erroneous weather chart shaped like a hockey stick. No, for the past few years we have had to listen to intelligent and well educated people with lots of degrees tell us that carbon (one of the most plentiful of the gases that make life on this planet viable) was actually a poison and would have to be somehow be diminished, preferably by the voluntary surrender of (get ready for the non-sequitur) toilet paper and meat.

It has been for us (for you, too?) like living through a Jonathan Swift novel. You know the chapter where Gulliver visits the eggheads in the clouds who tell him all sorts of strange things but cannot remember how to properly steer their city in the sky. The same kind of is-this-a-bad-dream? ludicrousness. We keep wondering what it would be like to have Swift, or say, Mark Twain, back on earth for a year or two. But actually, if we had the opportunity, maybe we wouldn't want to chance it, as we think they might shoot themselves.

We sometimes too feel like shooting ourselves in our collective heads (well, two or three of them anyway - we need the rest) when we read this global warming stuff. Or maybe we're supposed to call it climate change now. We can't keep track. Anyway, we love the headline on this article. If WE were to write the headline, dear reader, we might have concluded that a ten-year downward trend in temperatures was more than a "time out," which implies a resumption of higher highs! Do you believe it? We don't. But when were higher temperatures ever definitively proven? Not in our puny lifetimes, we think.

Few other publications write about the elite-retreat. Why not? Aren't we supposed to quake in our very boots at the thought of their vastness and the magnificence? Aren't we supposed to feel hopeless and afraid? That life is out of yours and our control? We think these folks put their pants on one leg at a time, just as we all do.

Anyway, we have taken up the task ourselves. And in the other article in this modest issue of the Bell, we have written about it at some length. So we will just conclude this brief analysis by pointing out that in the pre-Internet era these glitches could easily have been overcome by simply ignoring the evidence. (Ah, for the days when the mainstream media cooperation was a given, and the only game in town.) But with electronic communications it is a great deal harder to ignore what it staring you in the face.

Conclusion: There is nowhere to hide with the Internet switched on. The dominant social themes - the promotions - that the monetary elite dredges up from their false think tanks to inflict upon us all with too-great frequency are literally shriveling under the hot glare of Internet scrutiny. When you control so much of the world's wealth it is not hard to think up ways to scare people into handing over more of their cash via taxes, insurance, inflation, etc. You just have to think of the right nightmare, publicize it, politicize it, turn it into curriculum, and sooner or later people will gladly hand you loads of moola with tears in their eyes. But now, perhaps, the monetary elite has discovered a nightmare all their own.

We look forward to hearing your feedback.

Sincerely,

The Editors
TheDailyBell.com

© Copyright 2008 - 2009 Appenzeller Business Press AG. All Rights Reserved. The Daily Bell is an informative compendium of independent economic views and analysis, which is published by Appenzeller Business Press AG. The information contained in the Daily Bell is for informational purposes only, is impersonal and not tailored to the investment needs of any particular person and should not be construed as financial or investment advice. Appenzeller Business Press AG does not accept any liability or responsibility for, nor does it verify the accurateness of the information being provided in the Daily Bell. Readers of the Daily Bell or any affiliated or linked sources or sites must accept the responsibility for performing their own due diligence before acting on any of the information provided within the report regardless of the source.