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90 seconds at 9 am with BNZ: Weak US jobs signal QEII; Currency wars rage; SCF puts Mr Apple on block

90 seconds at 9 am with BNZ: Weak US jobs signal QEII; Currency wars rage; SCF puts Mr Apple on block

Bernard Hickey details the key news overnight in 90 seconds at 9 am in association with Bank of New Zealand, including news out on Friday night that US non-farm payrolls fell 95,000, which was worse than the 5,000 fall economists had expected.

The official US unemployment rate was steady at 9.6%, but the broader measure of unemployment, known at U-6, rose to 17.1% from 16.7%. Many of the job losses were in state government as they struggle with lower revenues and balanced budget provisions.

Most economists and market players now expect the US Federal Reserve to restart buying US Treasuries from November 3 in a second round of Quantitative Easing known as QEII. The Dow rose on the talk of QEII.

But this is causing huge tension on global currency markets. Those currencies pegged or linked to the US dollar are effectively having to print too, which is forcing others to defend their currencies. The Bank of Japan has already announced its own money printing programme and many expect the European Central Bank will also have to eventually print to keep up.

This is forcing currencies outside of the developed world to defend their currencies through interventions and capital controls. Ukraine and India announced over the weekend they planned to intervene to protect their currencies.

Meanwhile, back in New Zealand, South Canterbury Finance's receivers have put Mr Apple on the block for sale. The orchards operation owned by Scales Corp has 20 orchards in the Hawkes Bay and produces 20% of New Zealand's apple crop, BusinessDay reports.

Local buyers will struggle to afford to buy it whole, but it may either sell to an overseas buyer or have to be broken up.

No chart with that title exists.

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.

150 Comments

Worth watching - there has been an absolute flood of new listings onto the NZ housing market in the past few weeks:

http://www.interest.co.nz/charts/real-estate/houses-sale

As a consequence unsold inventory seems to be rocketing up, and is challenging the levels seen in late-2008 when house prices last started to crumble.

The listings value is now at 97.0 (and rising) - this time last year (when the dead cat bounce was in the process of happening) the level was 83.0. Two years ago the listings value was also at about 97.0 (and rising).

So thats the supply side being flooded.

Meanwhile on the demand side?

Mortgage approvals data is absolutely dire, way below last year (25% below and falling):

http://www.rbnz.govt.nz/statistics/monfin/c16/download.html

 

hmmm - rocketing supply and collapsing demand. I need someone clever like Lolly Newland to decipher wot happens next...........

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Nice spot andyh. But we think the big jump may be artificial.

We're saw a big surge in Christchurch listings on TradeMe in the last week.

I asked Alex Tarrant, who is back on deck full time from today after completing his Massey Journalism course, to investigate. TradeMe have just told Alex they've just taken on another couple of real estate offices last week, including Harcourts, which has boosted the listings.

That has boosted the overall listings in our series you mentioned.

The realestate.co.nz on their own haven't jumped. The chart you linked to is an index that includes both realestate.co.nz and trademe.co.nz.

cheers

Bernard

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I've recently been helping a relative look for a house to buy in a major North Island provincial city. From my experience, the market there suddenly came to life about 10 days ago. Properties selling within a day or so of coming on the market and multiple offers on well priced properties-  very little decent housing left to buy now under $400,000. Not sure what is driving the activity-  though given the low mortgage approval numbers it is likely to be overseas money.The government needs to stop overseas speculators buying NZ housing-  we should be out in the streets protesting until we get change in this area.

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agree, sign me up for that protest.

It's disgusting the government allows our land to be flogged off to foreigners. We can't compete income wise so they will outbid us every time. We need to do something and do it soon or we will be owned.

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 "Sorry Tim-Boy bullying the Chinese to re-value won’t change anything, the reason no one is creating jobs in USA is because of you and people like you"

and your boss....Barry Obama!

http://www.marketoracle.co.uk/Article23386.html

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I think they know that Wally.......it's all about perceptions in the coming months........internal America is looking to focus outward on a common enemy........it takes a little creativity and time...........it's a big production.

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Yup...sure is. So what's the line up for the 2012 pres elections looking like....Trump v Palin...I'm trying to be serious....Barry Obama to run or maybe not. I'm going to place a bet that Glenn Beck does not run for President on the Democrat ticket!

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I think you may be right there......the problem here Wally is ...its a bit like asking the Rodeo Pro to mount the Bull when its already been loosed from the gate.....

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by the by if Trump seriously considers running......his ego should get what it rightfully deserves......the man's a walking bubble never far from a prick.

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I am waiting for the day when Homer makes fun of the rug wearers...the funniest are the ones that shine in the camera lights while the fluff on the sides remains a dull grey. What we need is a bit of software in the computer which identifies the rugs and whips them away.

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I'm even more shocked  Trump never introduces his pet squirrel to anyone........I know it to be squirrel by the gathered nut it clings to. 

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Trichet states that...."while debt in the euro zone has increased by more than 20 percent in only four years and by 35 to 40 percent over the same time period in the US and Japan, we have very little, if anything, to show for it." 

No amount of new debt, created currency, is going to alleviate the problem. National self interest is about to take centre-stage in earnest.

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I think I saw a comment that in the past the ONLY way to get unemployment down in the last 20 years has been to take on an equal % in extra debt...however by 2007 taking on say 1% more debt did not give 1% drop in un-employment, it was fractional.

and now things have changed,

Today savings / debt reduction are  the name of the game. The result, up shoots un-employment, and its going to stay there....

No wonder some central wankers (excl Dr Bollard) are so apoplectic we are not spending more and more....they now have to work at fixing things rather than sitting their on their fat behinds looking grand...

regards

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andyh - Also things must be starting to get desperate for Harcourts, they have now commenced advertising on TradeMe, which they have never done previously.

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Regarding Mr Apple... with the Kiwi @ USD.75+ & .46+ to GBP, this operation won't be a going concern.

The Value will be in the Land with Irrigation/Consents... Betcha this goes overseas... Betcha.

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but to do what with it?

regards

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Easy... Just Crop it.... Wheat, Maise, Barley, Sorhgum... whatever, Chq this...>

http://www.bloomberg.com/news/2010-10-08/grain-prices-surge-on-u-s-supply-cuts-boosting-food-costs.html

“People have not come to grips with the rising cost of producing food,” said Michael Swanson, a senior agricultural economist at Minneapolis-based Wells Fargo & Co., the largest U.S. farm lender. “Feed costs are going to balloon” for livestock, dairy and poultry producers, he said.

and this...> http://www.bbc.co.uk/news/business-11495369

"Ukraine's quotas follow an export ban by Russia and could put further pressure on grain prices. " and  "Ukraine, the world's top producer of barley and sixth biggest of wheat".

 

 

 

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but with std crops whats the return per hectare v apples?

If the rate burden isnt insane and if the price is low enough so wheat makes money yeah sure....otherwise grape? oh no....which has been hugely over-planted.........

regards
 

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Noddyland is running bubblenomics with Bolly blowing in one end and the banks extracting the revenue at the other. Funny as a fart. Hey...there's an idea Bolly...don't blow...you know!

Yes the SCF bag of apples will likely be snapped up by a foreign entity using some of that Fed toilet paper Ben is printing in his head. How else can the rural bubble be protected! Soooo many National rumpers yet to cash in the capital gains and be ahead of the Elephant....gotta stay in front of those legs....letter to the OIO...."Priority will be given to whomever is prepared to pay a bubble price" 

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but with apples marginal who in his/her right mind buys an apple business?

regards

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Piece of cake steven...slice of Apple if you wish....first you excite the greed of the Noddy govt with some free Fed 'munny' and then it's plain sailing past the Nelson eyed oio. The last bit is all pure BS but there is soo much of it flying about that this load will work a treat....you accidentally discover an Apple variety that is an elixir of life.....the mice live longer and we know what that means....your fruit me old fruit will go for $100 each.

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we're watching you Wally/Wolly..and we're monitoring your mood swings so adjust,sunshine,adjust!!

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Harold 'Hal' Lewis Emeritus Prof of Physics Resigns from American Physical Society due to global warming scam

Harold Lewis is Emeritus Professor of Physics at the University of California, Santa Barbara.
Fellow APS, AAAS; Chairman, APS Reactor Safety Study

Dear Curt:
When I first joined the American Physical Society sixty-seven years ago it was much smaller, much gentler, and as yet uncorrupted by the money flood (a threat against which Dwight Eisenhower warned a half-century ago). Indeed, the choice of physics as a profession was then a guarantor of a life of poverty and abstinence—it was World War II that changed all that. The prospect of worldly gain drove few physicists. As recently as thirty-five years ago, when I chaired the first APS study of a contentious social/scientific issue, The Reactor Safety Study, though there were zealots aplenty on the outside there was no hint of inordinate pressure on us as physicists. We were therefore able to produce what I believe was and is an honest appraisal of the situation at that time. We were further enabled by the presence of an oversight committee consisting of Pief Panofsky, Vicki Weisskopf, and Hans Bethe, all towering physicists beyond reproach. I was proud of what we did in a charged atmosphere. In the end the oversight committee, in its report to the APS President, noted the complete independence in which we did the job, and predicted that the report would be attacked from both sides. What greater tribute could there be?

How different it is now. The giants no longer walk the earth, and the money flood has become the raison d’être of much physics research, the vital sustenance of much more, and it provides the support for untold numbers of professional jobs. For reasons that will soon become clear my former pride at being an APS Fellow all these years has been turned into shame, and I am forced, with no pleasure at all, to offer you my resignation from the Society.

It is of course, the global warming scam, with the (literally) trillions of dollars driving it, that has corrupted so many scientists, and has carried APS before it like a rogue wave. It is the greatest and most successful pseudoscientific fraud I have seen in my long life as a physicist. Anyone who has the faintest doubt that this is so should force himself to read the ClimateGate documents, which lay it bare. (Montford’s book organizes the facts very well.) I don’t believe that any real physicist, nay scientist, can read that stuff without revulsion. I would almost make that revulsion a definition of the word scientist.

So what has the APS, as an organization, done in the face of this challenge? It has accepted the corruption as the norm, and gone along with it. For example:

1. About a year ago a few of us sent an e-mail on the subject to a fraction of the membership. APS ignored the issues, but the then President immediately launched a hostile investigation of where we got the e-mail addresses. In its better days, APS used to encourage discussion of important issues, and indeed the Constitution cites that as its principal purpose. No more. Everything that has been done in the last year has been designed to silence debate

2. The appallingly tendentious APS statement on Climate Change was apparently written in a hurry by a few people over lunch, and is certainly not representative of the talents of APS members as I have long known them. So a few of us petitioned the Council to reconsider it. One of the outstanding marks of (in)distinction in the Statement was the poison word incontrovertible, which describes few items in physics, certainly not this one. In response APS appointed a secret committee that never met, never troubled to speak to any skeptics, yet endorsed the Statement in its entirety. (They did admit that the tone was a bit strong, but amazingly kept the poison word incontrovertible to describe the evidence, a position supported by no one.) In the end, the Council kept the original statement, word for word, but approved a far longer “explanatory” screed, admitting that there were uncertainties, but brushing them aside to give blanket approval to the original. The original Statement, which still stands as the APS position, also contains what I consider pompous and asinine advice to all world governments, as if the APS were master of the universe. It is not, and I am embarrassed that our leaders seem to think it is. This is not fun and games, these are serious matters involving vast fractions of our national substance, and the reputation of the Society as a scientific society is at stake.

3. In the interim the ClimateGate scandal broke into the news, and the machinations of the principal alarmists were revealed to the world. It was a fraud on a scale I have never seen, and I lack the words to describe its enormity. Effect on the APS position: none. None at all. This is not science; other forces are at work.

4. So a few of us tried to bring science into the act (that is, after all, the alleged and historic purpose of APS), and collected the necessary 200+ signatures to bring to the Council a proposal for a Topical Group on Climate Science, thinking that open discussion of the scientific issues, in the best tradition of physics, would be beneficial to all, and also a contribution to the nation. I might note that it was not easy to collect the signatures, since you denied us the use of the APS membership list. We conformed in every way with the requirements of the APS Constitution, and described in great detail what we had in mind—simply to bring the subject into the open.<

5. To our amazement, Constitution be damned, you declined to accept our petition, but instead used your own control of the mailing list to run a poll on the members’ interest in a TG on Climate and the Environment. You did ask the members if they would sign a petition to form a TG on your yet-to-be-defined subject, but provided no petition, and got lots of affirmative responses. (If you had asked about sex you would have gotten more expressions of interest.) There was of course no such petition or proposal, and you have now dropped the Environment part, so the whole matter is moot. (Any lawyer will tell you that you cannot collect signatures on a vague petition, and then fill in whatever you like.) The entire purpose of this exercise was to avoid your constitutional responsibility to take our petition to the Council.

6. As of now you have formed still another secret and stacked committee to organize your own TG, simply ignoring our lawful petition.

APS management has gamed the problem from the beginning, to suppress serious conversation about the merits of the climate change claims. Do you wonder that I have lost confidence in the organization?

I do feel the need to add one note, and this is conjecture, since it is always risky to discuss other people’s motives. This scheming at APS HQ is so bizarre that there cannot be a simple explanation for it. Some have held that the physicists of today are not as smart as they used to be, but I don’t think that is an issue. I think it is the money, exactly what Eisenhower warned about a half-century ago. There are indeed trillions of dollars involved, to say nothing of the fame and glory (and frequent trips to exotic islands) that go with being a member of the club. Your own Physics Department (of which you are chairman) would lose millions a year if the global warming bubble burst. When Penn State absolved Mike Mann of wrongdoing, and the University of East Anglia did the same for Phil Jones, they cannot have been unaware of the financial penalty for doing otherwise. As the old saying goes, you don’t have to be a weatherman to know which way the wind is blowing. Since I am no philosopher, I’m not going to explore at just which point enlightened self-interest crosses the line into corruption, but a careful reading of the ClimateGate releases makes it clear that this is not an academic question.

I want no part of it, so please accept my resignation. APS no longer represents me, but I hope we are still friends.
Hal

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Reduced to spamming are we?

Excellent, the anti-agw loons are side lined as the crack pots they are....

regards

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steven,

If you want to see an AGW loon, look in the mirror.

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Funny but Ive looked at the AGW work and anti-agw work and I found that on the agw side I see decades of high quality, logical,  peer reviewed science. On the denier side on the other hand I see liberatian and conservative politics driven agenda, no decent science and lots of crackpots...

I can look in the mirror....I have no issues with how I will cast my vote or encourage othrs to do so.

regards

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steven,
I guess you missed CLIMATEGATE.
I am in favour of good open unbiased science in which there are scientists who try to disprove theories and find fault. Now sadly lacking.

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I read climategate, the only dishonesty I could see was the theft of the emails....then there was the wild over-the-top cliams unjustified to any sane person's reason...by taking snippets putting them together and taking them out of context barely worked and didnt stand up when you read the entire thing....which was why of course there was zero legal action taken beyond trying to find who stole them.

So there was nothing criminal of morally wrong in the contents of the emails at all....hence why all mainstream press and non-loony Pollies didnt even bother commenting....hence  what we see more and more by most ppl is the washing of hands of the loons like the deniers....so you have lost what little credibility you had before Climategate, looks like it actually backfired.

regards

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"I read climategate"

Prove it. Or do I have to take your word for it?

You can see my research. Where's yours?

Or is that just yet more baseless alarmism?

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"exactly what Eisenhower warned about a half-century ago"

This I assume was his speech commenting on the rising power of the military-industrail complex corrupting democracy, an absolute fantastic speech.....nothing to do with scientists....

Just goes to show that some of these old farts seem to think they won the cold war to only lose it to "water melons" really they are out there ultra-conserative or liberatian crackpots....

regards

 

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Thanks for posting a document of significant importance.......the APS will be all out to lid this one................I will be forwarding it to as many as possible in the interests of balance.........that is not to say I don't believe we need to shift from a reliance on fossil fuels......but to highlight the corruption and now normalised deceit upon which we base so much reliance.

From it's inception I felt this was a license to print money.......which in the end would over-ride any genuine efforts by individuals with human interests at heart.

Those who have had  their interests served... by this resignation..(by default) should feel just as cheated............. by those wallowing in dirty money. 

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Hi Christov,
My pleasure, and I agree entirely re fossil fuels, and balance. I did a check and there's almost no mention of this in the MSM. Funny that.

By the way, have you come across this?

In the High Court of New Zealand Auckland Registry:
http://nzclimatescience.net/images/PDFs/statement_of_claim.pdf

quote:
BETWEEN NEW ZEALAND CLIMATE SCIENCE EDUCATION
TRUST a trust registered under the Charitable
Trusts Act 1957, having its registered office at
Auckland

Plaintiff

AND NATIONAL INSTITUTE OF WATER AND
ATMOSPHERIC RESEARCH LIMITED a company
that is wholly owned by the Crown and a Crown
Research Institute, having its principal place of
business at Auckland

Defendant

and

http://nzclimatescience.net/images/PDFs/statement_of_defence.pdf

Quote:
7. It denies paragraph 7, and says:
(a) There is no official or formal New Zealand Temperature Record;
(b) The Defendant's website contains a page titled New Zealand temperature record (“NZTR”), being an informal description for a collection of different streams of climate information

(b) The NZTR is not a record and is not a public record for the purposes of the PRA;

===============

This is surely an amazing situation for NIWA and NIWA/AGW supporters.
http://www.neuralnetwriter.cylo42.com/node/3649

 

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Excellent, the court result should be interesting....there is a huge difference between posting fudd and ranting loony science in fringe backwater blogs and dis-proving peer reviewed science in a court of law...

Interesting its a trust, a way to stop claims coming back for costs I wonder? bet so....

regards

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Yes, I'm looking forward to the result.

You did read this didn't you?!

"There is no official or formal New Zealand Temperature Record".

What peer-reviewed papers are you refering to?

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I'm involved in university research here in NZ and can support the comments regards the AGW money-go-round.  Even voicing the possibility that humans might NOT be responsible for changes in our climate would be career limiting.  Funding is a highly competitive market and so much money these days is targeted toward "resolving" AGW and GG issues - not only in the physical sciences, but also in the social sciences.

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and which area are you involved in? AGW directly?

or another area?

regards

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The social science side: environmental management. 

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Steven,

Your silence is deafening. Kate said:

"I'm involved in university research here in NZ and can support the comments regards the AGW money-go-round"

Are you agreeing? Have you changed your view?

Or is Kate's evidence inconvenient for you?

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Interesting piece in The Australian about Tegel, which is on the block, and they reckon could fetch NZ$1 billion - http://www.theaustralian.com.au/business/industry-sectors/food-firms-sc…

The food scramble continues.

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Gareth, allow me to cut through the Spin on this article...

 

1-Tegel is for Sale by PEP because their Bankers ANZ are pressing them to cut and run, if they can.  ANZ have a 35% direct interest in Tegel that was effectivley gained as a debt for Equity Swap.

2-  The 97.6Mil EBIDTA is actually a Net Loss when the Interest Expense is added back in.

3-  The steady R&M Capex of 6 Mil... Is just the cost of the Dulux every year to cover the Rust... there is no Margin to upgrade and modenize plant.  

4-  The 52% share of the Local Market is down from ___?... Due to Competition from Inghams from Australia, and other Smaller Local market operators, Brinks, Trurks etc.

 

Anyone who spends a Billion on this Puppy is in dire need of a Frontal Lobotomy.

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Yes, mouse it does read like the reporter has swallowed the spin from the investment bankers running the sales process. But I would still expect some interest from Asia in Tegel, although a billion bucks sounds pretty steep...

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"The 97.6Mil EBIDTA is actually a Net Loss when the Interest Expense is added back in"

I am shocked,shocked I tell you that  one of our " world class" banks saw fit to lend hundreds of millions to a dead loss outfit like this.

Just run a bit of a tally on some of this crap - Craffar, Yellow pages, Tegal etc. there's billions, how much has been swept under the carpet and is yet to see the light of day? What are the loan loss provisions for the big four and how much more of this can they stand?

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Didnt tegal lose the KFC franchise..?

regards

 

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Pluck it and run!

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It seems there are still plenty of Real Estate agents around refusing to work in more productive sectors of our economy - carrots planting or manufacturing double glazed windows - opps!

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Resene are offering gigs watching paint dry ?

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Hey Donnymac....I'll bet you did not know there is a genuine position at a facility (nameless) as a shit sniffer....and it requires a security clearance on a daily basis.

There you go R.E. boys if you got a good nose for your R.E.speak exhaust fumes....you might be in with a ............

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Bernard , Did you see what the French Finance minister said at the IMF about currency wars 

"I'm not in the mind or in the mood for war, this is totally inadequate, inappropriate and unnecessary," French Finance Minister Christine Lagarde said.

Typical of the French , when ever there is a war the French either refuse to accept there is a war or say they do not have the stomach for such things.

The problem is that everyone is now reacting defensively to devaluations , and Its just a matter of time before major exporters like Germany start to get hurt , and worst case they leave the Euro and devalue .

China on the other hand has a quite unique and different approach . The effectively neutralize all US$ earnings domestically  

Basically all US$ earned by Chinese factories are taken away from them by the Chinese Central bank ( ie The factories cant spend in US$ ) The Central bank issues Yuan to the factories. This ensures that no US manufactures enter the Chinese economy . The US $ are then invested back into the US.

When the Americans finally wake up to this rort of the free trade system by the Chinese  ,   they are going to be really angry , and quite rightly so 

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You just have to bet that some of the crafty exporters are holding their export receipt off-shore, and not converting them to yuan ( ie: not giving them to the Central Bank) and doing their own bit of importing/off-shore wealth creation ~ just like our chaps did, when we had a fixed exchange rate and exchange controls!

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This week in NZ

Today. Credit card spending stats.

Thursday  BNZ PMI Manufacturing. The last number was below 50.

REINZ Sep house prices. Price declines will likely see more headlines

Retail Sales.  expect an annual increase in retail sales of +1-+1.5%

NZ. Crown accounts will illustrate NZ’s rising debt level.

Friday   www.interest.co.nz goes mad with "i told you so" posts after REINZ figures show steep decline in sales

Saturday  an upsurge in PI's jumping off cliffs like suicidal lemmings !!

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If you get the chance check out Buttonwoods comments(The Economist) on the the drop in UK house prices 3.6% in a month!

www.economist.com/blogs/buttonwood/2010/10/british_house_prices

I lived through the 90 to 96 property crash in the UK not pleasant, thats possibly why I have been renting since 2007

When the real decline starts in the housing market here property will become as un loved as an investment asset as the NZ Stock market has been since 1987 which incidently offers some of the best dividend returns in the world

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yeah...

I did until 95 when I left he UK for here...it was not pretty....especially in London.

 

NZX, there was an interesting comment on stock exchanges....seems it can be gamed....so the "investment" banks are getting huge wedges of $ so they buy lots of shares, which forces up the prices and the passive funds jump in....

So which ever way you look at it the [entire] system has been setup / modified to screw the small guy and pension funds...

Best to walk away, the mortgage fraud scam thing looks like the Black swan that will take this down....

regards

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steven,
This is what you wrote:

Quote:

"exactly what Eisenhower warned about a half-century ago"

This I assume was his speech commenting on the rising power of the military-industrail complex corrupting democracy, an absolute fantastic speech.....nothing to do with scientists....

Just goes to show that some of these old farts seem to think they won the cold war to only lose it to "water melons" really they are out there ultra-conserative or liberatian crackpots....

endquote

This is taken from the actual content of the speech:

Quote:

In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.

We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.

Akin to, and largely responsible for the sweeping changes in our industrial-military posture, has been the technological revolution during recent decades.

In this revolution, research has become central, it also becomes more formalized, complex, and costly. A steadily increasing share is conducted for, by, or at the direction of, the Federal government.

Today, the solitary inventor, tinkering in his shop, has been overshadowed by task forces of scientists in laboratories and testing fields. In the same fashion, the free university, historically the fountainhead of free ideas and scientific discovery, has experienced a revolution in the conduct of research. Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity. For every old blackboard there are now hundreds of new electronic computers.

The prospect of domination of the nation's scholars by Federal employment, project allocations, and the power of money is ever present – and is gravely to be regarded.

Yet, in holding scientific research and discovery in respect, as we should, we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific-technological elite.

It is the task of statesmanship to mold, to balance, and to integrate these and other forces, new and old, within the principles of our democratic system – ever aiming toward the supreme goals of our free society.

Another factor in maintaining balance involves the element of time. As we peer into society's future, we – you and I, and our government – must avoid the impulse to live only for today, plundering for, for our own ease and convenience, the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without asking the loss also of their political and spiritual heritage. We want democracy to survive for all generations to come, not to become the insolvent phantom of tomorrow.

End quote

from here: http://mcadams.posc.mu.edu/ike.htm

Did you make a mistake, or did you purposely mislead people reading your comment about the actual content?
You think it was "an absolutely fantastic speech", yet you didn't know it contained the scientific aspect?

As always, I like to check the facts :)

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Steve Netwriter

Can you pls post one or two links to peer-reviewed publications on climate change by Harold Lewis?

Thanks

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To what purpose?

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Again out of context......I read this in the opposite way ....

As in the industrial military complex buying into science or Govn (political) funding thereof and corrupting the free democratic process or free scientific thought.

ie Classic example is the health labs of the big cigarette companies managing to put off successful court actions for decades....with "inconclusive" evidence claims....easy to do when its your money paying for the Qs and seciond rate ppl taking th money.

If you look at the Bush years, we had 8 years of political interference that failed to stop free scientifc thought despite its best efforts.  The likes on Exxon buying up 'scientists" where they could be bought stands out as a dismal failure, just a few sold their souls, fortunately those taking the cheque were miniscual in number compared to those wanting to do science...You see what you fail to get each time is where some ppl only think of $ as their god others see truth and exploraton and discovery as theirs....these ppl dont sell out...hence why the deniers are reduced to lies and mud slinging.

regards

 

 

 

 

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He seems to come out of the woodwork on one subject, and one only. Bit like HughP.

Those cases always make me wonder, just quietly, where their funding comes from.

Those 'leaked emails' were put to bed, although the media seemed to take less interest in that part of it.

Maybe he's just another Inwood?

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Indeed posting a piece totally out of context for the 90 at 9....no where lese to post that would get read I suppose.

Funding.....there would seem to be a good trail of dollars surrounding the deniers...pretty dirty money.

I read once that when someone insults you and you dont understand [part of] it...throw it back as usually they throw things at you that they are themselves are hurt by so think you will be....I suspect thats the case here so the money trail should be interesting to uncover...  If its not money then its extremist  politics......

The media were looking for their usual scandal / sound bite, but usually want the truth....nice and juicy but substantiable truth.  When the truth was obvious from looking at the emails themselves they lost interest, indeed I think the entire episode did the deniers more damage than good they turned the incident into one huge farce with them as lead actors.

regards

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And transparency is what we should all want Steven......I noted your comments about the research into the Tobacco Industries being stifled at every turn.....and would support you in that.......

The current evidence would suggest the Climate Change Lobby is being both targeted and infiltrated by persons (Corps) with disingenuous motives and once again "money" is distorting evidential conclusions........

We should at least be open to pursue to possibility of causes "we" may believe in... being corrupted.... by those who involve themselves to the cause for reasons of selfish gain or positioning to that end.

Because the Devil decides to warm...... your ......bed doesn't  mean he has had a change of heart.

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Maybe you're paid by big oil to continue this fraud.

You do know I take it that MOST money goes to the AGW side, and not the skeptic side.

How much do you get for perpetrating the lies?

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really....join the dots....big oil isnt funding the AGW inductry its fighting it...

Most money is going to the real scientists to study AGW and not the kooks to deny it....

regards

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I joined the dots quite a while ago, and they don't point where you think.

quote:

Far from being grassroots activists to save the planet, the climate industry is funded with billions. Meanwhile they shut down debate from concerned scientists with libellous claims of “oil shill”, even though oil funded money amounts to paltry loose change. Ominously, giant bankers have moved in, pursuing the trillions of dollars in carbon trading. It’s time to talk about monopoly science, about massive vested interests and it’s time the IPCC version of science was audited.
...

The US government has a near monopsony on climate research. It has spent over $79 billion since 1989 on policies related to climate change.

Despite the billions: “audits” of the science are left to unpaid volunteers. A dedicated but largely uncoordinated grassroots movement of scientists has sprung up around the globe to test the integrity of the theory and compete with a well funded highly organized climate monopoly. They have exposed major errors.

Big money is moving in. Carbon trading worldwide reached $126 billion in 2008. Banks are calling for even more. Experts are predicting the carbon market will reach $2 - $10 trillion making carbon the largest single commodity traded.

Meanwhile in a distracting sideshow, Exxon-Mobil Corp is repeatedly attacked for paying a grand total of $23 million to skeptics—less than a thousandth of what the US government has put in, and less than one five-thousandth of the value of carbon trading in just the single year of 2008.

unquote

from:
http://neuralnetwriter.cylo42.com/node/2421?page=11#comment-2425

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steven,
How can it be out of context?

I posted the resignation letter which mentioned the speech, which I also quoted, and exposed your accusation as false.

It's not out of context, it's directly IN CONTEXT.

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"In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military- industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. We must never let the weight of this combination endanger our liberties or democratic processes."

Effectively the military-industrial complex has indeed succeeded in corrupting Govn(s) and wields huge mis-used power....what it has failed to do is hog tie the scientists.......into line....

regards

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local buyers and local private equity funds can affoard mr apple but i doubt they will want to pay up for such a crap asset.

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Yes, Im for ever hearing that apples are too cheap we cant make money....looks like a yellow pages job....

 

regards

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"Expect the market to soon display its normal fickle promiscuity in reverse: warmly embracing weaker-than-expected economic data while shrugging off its recent fondness for strong data."

One week ago (4/10), Albert Edwards made this prognostication. And how did we greet the US empolyment figures last Friday ?! "Batten down the hatches". boys....

http://blogs.wsj.com/marketbeat/2010/10/04/bearish-socgen-analysts-batten-down-the-hatches/

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Amooosing Nicholas A ...It ...will... be interesting watching the new position finding legs.

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steven & powerdownkiwi,
I would talk nicely to both of you, but once you started throwing stupid juvenile accusations you lost all credibility, and certainly any respect I might have had for fellow Humans.

So stop trying it on making out I'm not honest and scientific.

You're the ones trying to continue this fraud.

You're the ones throwing the antilocution about.

You're instant response is ad-hom attacks of a distinguished scientist.

You both make me sick., sick ,sick, sick to my stomach.

 


 

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Methinks he doth protest too too too too much.


 

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Is that the best you can do?

snooooooorrrrreeeee..............

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Scientific?.....published peer reviewed papers?

guess not then.

regards

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Oh steven,

One last thing, I see Kate shut you up LOL.

There's nothing like facts to expose an idiot :)

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Nope....the argument has moved on....Kate or indeed you cannot shut how I cast my vote.

Indeed facts have exposed the deniers as just that....hence why most of the population simply dont bother with your loony ramblings, most Pollies dont give you any credibility and no real science paper/publisher wastes pages on you.

regards

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As a social scientist - my area of special interest is the relationship between policy/politics and science/"experts" (I use "  " where experts are concerned becuase indeed our society has many experts - steve netwriter and pdk being examples, because of the wide extent of their own personal research and reading and thinking, but lay expertise is highly discriminated against in our political/governmental system). 

I love science, I find it fascinating and I admire people with intellect in the physical and natural sciences greatly.  But NZ environmental management has turned into a racket.  Scientists have become largely "experts-for-hire", not only here but the world over, and many of the "facts" produced for resource consent hearings and the like are mistrusted by the general public (and often for very good reason).  Scientific knowledge becomes "owned" by the commissioner of such studies - and such knowledge is often selectively used in resource consent hearings and the like.

I highly recommend the following article which encapsulates the very serious nature of the problem of a loss of trust in science by society;

http://www.nature.com/embor/journal/v3/n8/full/embor093.html 

For me - I'm an AGW agnositic - I don't need proof - I can see and know from simple observation that we're destroying our resources, overfishing our seas, over-populating our cities etc etc.  I am bitter about the amount of money, for example, that local government has spent on trying to "plan" for sea level rise - where the "forecasts"  coming out of the IPCC change wildly from year to year... not to mention its just plain old common sense from an earthquake point of view that its dumb to build on sand/wetlands.  So, we hardly needed all that money spent on these "expert" studies in the first place.... especially when there are so many other more important things councils could do with our money (such as adequate sewerage treatment).  And besides, the more severe weather events we're experiencing mean floods and landslides are going to get alot more houses in the future than the sea is likely to do.

I could go on, but you'll get my drift.  Time to stop the money-go-round on this narrow issue.  We have much bigger fish to fry than how much carbon we might sequester here in little 'ol NZ.

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quite right Kate.

guns for hire, and 'expert witnesses' with mortgages, I've seen 'em too.

I'm on record, here and other places, as saying that Climate Change won't be first cab off the rank - address it or no.

Peak Oil trumps it (see Chris Skrewboski's comment on The Oil Drum, ASPO report, 2nd day).

What the Climate/Carbon debate tells us, is that every issue from here on, that dares threaten our precious little way of life, will be treated in similar fashion.

We already have peak oil skeptics, limits to growth skeptics, folk who comment here who think 40 million Kiwis would be a grand thing. You obviously study denial, I've gotten to 'cognitive dissonance', even been to lectures on same, trying to figure these folk out.

At any rate, on all macro issues, the only mature societal approach has to be precaution. This is not unlike Russian Roulette - you only have to lose once to have lost for all time.

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Yes, but climate "science" isn't anywhere near as black and white as Russian Roulette - yet cap and trade taxation policies point the gun in costs directly at the bottom end consumers.... much like GST.   Don't be fooled... climate change policies are tax policies, not humanitarian/environmental ones. 

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I've enjoyed reading your overview on the subject Kate........and oh boy you said a mouthful. 

By definition the science of it  should be neutral until conclusions are reached and proven.........not purchased.

The dilemma lies in neutral funding........that is commercial interest proof ..prior to conclusions.....

That's some dilemma....huh?

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Thanks, christov .... but do also read the link!  I simply draw my thoughts from those far wiser than me!!!

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If I have seen further than others, it is by standing upon the shoulders of giants
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will do ...half way through now.... will have to read the rest in the small hours...ta 4 the link.

andyh....oddly enough by another Bernard..................of Chartres 

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Funny but the stuff I read says its real, its a problem, the thing they are not sur eon the the megnetude of the problem but with passing time and work it seems to be in the top end area of the projections....

I think the comments Ive seen suggest that tax policies are the most likely way to be successful in changing behaviour of polluters. While some ppl will change dehavoir for H & E many will not, so the only alternative is to but a financial cost on the damage...

Indeed GST is regressive...I dont agree with it one bit

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Why is it, that when someone disagrees with the mainstream pedalled view of the world, they are either a denier, a skeptic or a conspiracy theorist.

I guess that's the way you try to disarm and put down your enemy.

Why can't they simply be people that have a different perspective - a differing view.  Without differing views and debate there would be no progress.  Hell, we might even still be living in the centre of the universe on a flat land!

Peak oil, fossil fuel, the big bang theory, man-made climate change are all theories - note that they are theories and as such, are not proven to the point of being incontrovertable.  There is a ton of evidence to support both sides of each arguement. 

As I'm sure you're aware, there are many more factors other than the facts and evidence that drive people's perspectives on these issues.

 

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Yeap - absolutely agree with your view point.

I think over a number of years the world is experiencing more severe weather events. If they are caused by climate changes or not isn’t relevant, before proven or not - but a fact to be accepted.

Climate change believers are obviously better prepared in case severe weather events, sea level rising and other changes continue.

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Who could argue with that Father Ted.....I see you are free and easy with the eeeees there Father!

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Kate,
Thanks for your posts. I think science should be open to all, as you'll see in what follows. I do happen to be a physicist though, so I have a little head start over some. I am rather passionate over keeping science good, and stopping it from being corrupted.

==================

Professor Harold 'Hal' Lewis quoted on Radio New Zealand National

It was interesting to hear Jim Mora read, as the "quote of the day" part of the Professor Harold 'Hal' Lewis resignation letter out on Radio New Zealand National near the start of this:

4.06 The Panel
Bernard Hickey and Islay Macleod.
http://www.radionz.co.nz/national/programmes/afternoons
At 8:30:
http://www.radionz.co.nz/audio/national/aft/2010/10/12/the_panel_pre-sh…

It appears that I am not the only one who thinks this event is significant.

What those people who like to throw the "denier" bomb around, fail to understand is this.
There are two issues.

The first is whether man-made CO2 is significantly affecting the global climate.
From my research, which is documented and significant, (see here http://www.neuralnetwriter.cylo42.com/node/2421 for 965 posts on this, but also this area http://www.neuralnetwriter.cylo42.com/forum/43 for much more), I am swayed to the view that man-made CO2 is not affecting the climate significantly. That there is too much uncertainty over many issues for any conclusion to be drawn. Certainly the science is not settled. Far from it.
I am not a "denier" of anything. I have a view, which I am willing to change if given good reliable trustworthy reasons to change it. I accept that it is quite likely that man-made CO2 does affect the global climate, but not significantly. I have seen no good reliable reasons to believe there is a significant effect, and no sound theory to explain why it should. On the contrary, there are interesting and reasonable theories to suggest other explanations for changes in climate, ideas which make a lot more sense than CO2.

The second, and IMO far more important issue, is whether science is being corrupted. And that is why I think Hal's resignation letter is so significant. It is a complaint that has been made before by many scientists.

It was warned about by Eisenhower thus:

Quote:
Today, the solitary inventor, tinkering in his shop, has been overshadowed by task forces of scientists in laboratories and testing fields. In the same fashion, the free university, historically the fountainhead of free ideas and scientific discovery, has experienced a revolution in the conduct of research. Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity. For every old blackboard there are now hundreds of new electronic computers.

The prospect of domination of the nation's scholars by Federal employment, project allocations, and the power of money is ever present – and is gravely to be regarded.

Yet, in holding scientific research and discovery in respect, as we should, we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific-technological elite.
Endquote

which explains why Hal wrote this:

Quote:
a threat against which Dwight Eisenhower warned a half-century ago

Science can be corrupted in a number of ways, none of which involve a conspiracy:

1. Funding can be selective, biasing research towards a particular view. In this case, funding for climate change related research is available, but funding for research to investigate possible flaws in the current "consensus" is not available. It becomes a matter of career preservation to conform. Cherry picking research is as bad as cherry picking data.

2. In order to minimise the publication of erroneous/misleading research/results, papers are expected to be peer reviewed. There is a hurdle placed to publishing peer reviewed papers for good reason. To be avoided at all cost is future scientific work to be based on falsehoods.
But, the peer review process acts as a filter, as it should, but the make-up of that filter has to be unbiased, truthful, and open.
When those who perform peer reviews in a particular field filter based on their own prejudices and aims, the peer review process becomes a filter to work critical of that "elite" group. It becomes difficult or impossible to publish critical papers, and allows those who support the current theory to make the false claim that the lack of critical peer reviewed papers "proves" that the theory is correct, and to reject any paper exposing flaws in the current theory.

Thirdly, the "elite" group can become gatekeepers of the raw data and methods used by them, thus making it all but impossible for other scientists to look for flaws. This is what science is supposed to be about, and without that checking system, how can we have any faith in it? Again, this is a complaint heard many times from many scientists in the field of climate research.

Fourthly is the idea that only scientists who work directly within the "elite" group have the knowledge to understand the subject, and that all others should be ignored. Science should be open to all, for once any scientists put themselves above everyone else and refuse to be subjected to examination, we can no longer have faith in them. Many a good piece of science has come from unexpected places, and many an error has been revealed in the field of AGW by those outside the "elite" group.

These corrupting influences on science have been cited by a number of scientists.
Since the Climategate scandal, in which the inner workings of the "elite" group of climate scientists was revealed, there have been calls for more transparency.
If there is nothing to hide, if the data is sound, if the adjustments to the data were sound, if the theory is sound, there is nothing to lose by increasing transparency.
If however the data is badly managed, if it has been cherry-picked, if it has been adjusted to suit the theory, and if the theory itself is flawed, then transparency will expose those failings, as it should.

Do I deny the possibility of AGW? No.

Do you deny the possibility that science has been corrupted?
 

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Only thing I'd add, Steven, is that even if we (meaning humankind, and in particular scientists) ever get to the point where all agree the science (on any particular issue) is "settled" - we have to step back and recall Kuhn's thesis - with each paradigm/consensus in thought/understanding we may not necessarily be brought closer and closer to scientific "truth".

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Of course science is never really totally settled, what science can do in many areas and AGW is one of them is settle it to the degree that enough is known to consider the risks and impacts of what we are doing and what action should be taken to stop it...that then actually moves beyond science and into areas we decide as ppl.

So for me there is adequate certainty that AGW poses a serious risk of considerable negative impact to future generations and therefore that should be mitigated...

regards

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I will try and be be polite:

You are spouting garbage!

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Perhaps a tadge brief ! Pray tell us , why is it ( in your worthy opinion ) " garbage " ?

Mr Netwriter expounds a view that many - worldwide - believe . But we are open minded enough to accept a contrary view , if it is backed by compelling scientific evidence .

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I am being provocative, and deliberately so.

I am hoping Steven will engage, and will give him some time to do so. If he is not prepared to then I will be happy to respond to your questions as an alternative.

I am yet sure you are in a position to pass judgement on my opinions as being worthy, but time may prove you correct.

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I have heard ample sufficiency of steven's opinions ( bless the dear fellow ) , but not nearly so much of your's . Anytime you wish to refute Steve Netwriter's argument , please do so .................... I am here to learn ! ( how's that for politeness , and optimism )

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Being here to learn is great. This site used to be good for that but has become much less so in recent months.

Your optimism and politeness is appreciated and may well be rewarded, but I am first going to wait and see whether Steven shares your interest in learning.

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I feel similarly , that this site has lost it's sense of bonhomie . The  line has been drawn between the " left " and the " right " . And sadly for us all , Bernard has crossed the central axis of neutrality , and joined the " left " .

Anytime I share a view point , steven promptly rebuts my opinion with vigour and passion  ........ he has become my master baiter .

I'd like other souls , such as your good self , to enjoy the pleasure of stomping on the Gummy Bear's theorems of finance , the economy , and fine Australian red wines , too .

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Tis late, and I should be in bed.

I don't like the left right analogy. I would much rather difine the discomfort you describe in terms of differences between fixed views (left/right, infinite growth/resource constrained, neo-liberal economics/physical reality) and those willing to understand/change and adopt alternatives.

The former is all about defending what you already believe irrespective of whether it makes sense longer term - something it often deos not. The latter offers potential for alternatives - some better, some worse. Most outcomes depending on how willing we are to learn and adapt.

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 "I do happen to be a physicist though, so I have a little head"

It's not summit to worry aboot Steve!

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ROFL.

Naughty Wolly :)

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Its intriguing - an 87 year old physicist with no publication record in any field relating directly (or indirectly for that matter from what I can see) to climatology or atmospheric sciences (his expertise (which was no doubt profound) was initially in nuclear physics, then more esoteric branches of theoretical physics) resigns from a professional society because he does not agree with the science of AGW - and this is somehow elevated to major news via the blogs of the Daily Telegraph?

As can be read here (http://www.aip.org/history/ohilist/4742.html) in an interview he did back in 1986(!!) he freely admitted (3rd answer down) - he had trouble then keeping up with papers published in his own field, when he was a mere 63. Now 24 years later we are being led to believe that the musings of this long retired physicist have some relevance to the debate on AGW?

Some claim there are dark conspiracies at the heart of the AGW scientific debate. If there are I think its time we took a close look at the anti-camp (rather than the just the pro-camp) and who funds them, because some of the witnesses that get trotted out on their behalf really are desperate.

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The typical ad hom attack.

Maybe some facts would help balance that.
And also helps to answers Bernard's request for relevant supporting evidence.

An Open Letter to the Council of the American Physical Society from 2009

http://neuralnetwriter.cylo42.com/node/3682

Do you wish to criticise every one of those signatories?
Also from that thread:

quote
Hal Lewis was an APS Fellow, not just an ordinary member. The APS selects only 0.5% of its members per year for that honor.

Furthermore, he was trained by Oppenheimer, studied at UC Berkeley and the Princeton Institute for Advanced Studies, and chaired the elite JASON group of scientists who did semi-secret consulting for the US government.

Your notion that Lewis was just some nobody crank out of thousands of APS members is simply incorrect.
unquote

By the way, IPCC head Rajendra Pachauri is a train engineer.

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Hi Steve

good to see you werent able to challenge my my central points that

a) Lewis has never published a single paper on climate science

b) his ability to keep up with developments in his OWN FIELD 25 years ago was (by his own admission) already impaired.

 

No one is saying the man wasnt a great theoretical physicist 40 YEARS AGO. But he sure as hell is a no-body in climate science.

If the deniers case really relies on wheeling out geriatrics with no expertise in the field it really must be even weaker than I thought.

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Andy,

By saying that about an eminent scientist you just make yourself look like a right twit. And a biased one at that.

This is yet more evidence of the mania on the alarmist side.

I didn't answer your post because it didn't merit my time. Yet more distraction from the science, which you will see I quote below.

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Indeed yes I think the denier side has been corrupted bought by right wing politics and big money.

Remember of course I only have one vote, my vote is for AGW being a real and significant event in our childrens future, Peak Oil is the significant event in our future.

regards

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That's pretty funny considering the amount of money going to the alrmist side....which is VASTLY greater than the money going to the so called "skeptics".

If we are talking being corrupted by money, I suggest following the money. The largest amount of money:

http://neuralnetwriter.cylo42.com/node/2421#comment-2028

quote
Also, it is important for us if you can transfer the ADVANCE money on the personal accounts which we gave you earlier and the sum for one occasion transfer (for example, during one day) will not be more than 10,000 USD. Only in this case we can avoid big taxes and use money for our work as much as possible.
unquote

and

http://neuralnetwriter.cylo42.com/node/2421?page=8#comment-2322

quote
Last year, ExxonMobil donated $7 million to a grab-bag of public policy institutes, including the Aspen Institute, the Asia Society and Transparency International. It also gave a combined $125,000 to the Heritage Institute and the National Center for Policy Analysis, two conservative think tanks that have offered dissenting views on what until recently was called—without irony—the climate change "consensus."

To read some of the press accounts of these gifts—amounting to about 0.0027% of Exxon's 2008 profits of $45 billion—you might think you'd hit upon the scandal of the age. But thanks to what now goes by the name of climategate, it turns out the real scandal lies elsewhere.
.
.
.
Thus, the European Commission's most recent appropriation for climate research comes to nearly $3 billion, and that's not counting funds from the EU's member governments. In the U.S., the House intends to spend $1.3 billion on NASA's climate efforts, $400 million on NOAA's, and another $300 million for the National Science Foundation. The states also have a piece of the action, with California—apparently not feeling bankrupt enough—devoting $600 million to their own climate initiative. In Australia, alarmists have their own Department of Climate Change at their funding disposal.

And all this is only a fraction of the $94 billion that HSBC Bank estimates has been spent globally this year on what it calls "green stimulus"—largely ethanol and other alternative energy schemes—of the kind from which Al Gore and his partners at Kleiner Perkins hope to profit handsomely.
unquote

So that shows where MOST money is flowing.

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Money is going into climate research and so it should, the risks and impacts are significant, the degree of the problem is all that is left to define.  Quite often academics in other areas are upset as research money is limited and then they dont feel they get their "fair share" for their speciality....Ive seen this enough now....

Funny thing is a real climate scientist who can show that AGW is false with a peer reviewed paper would make a huge name for himself. He or she would be world famous...and in fact this is how academics think....its their name that is important and not the money....lots of huge ego involved....

This scenario would be like the boy saying the king had no clothes...ie real proof would spring more real proof.......this isnt the case and never will be because the king is actually dressed.

As far as money for the denier side goes Exxon etc, plus lots of right wing institutes have more than enough money to put into AGW and "discover" the truth....but such research wont stand scrutiny and Exxon etc all know this.....this is a re-write of the tobacco industry tactics.......except now they are exposed to the world....so they are left to the blogosphere were wild claims fall on fertile ears....except of course thats just preaching to the converted...that isnt out here in the real world where the votes are.

Ethanol, can you show actual links to Al Gore? I would be very surprised if Al Gore had anything directly or even in-directly to do with this scheme.... Ethanol isnt a green technology its at best a bad conversion process. Reallyts a way to pork barrel the mid-western famer's vote....there is nothing green about it...its a failed answer to Peak Oil maybe....more like a political tactic to buy votes.

In terms of profit, now that is an interesting tactic of the deniers fling mud.... if he hadnt put money in the deniers would have said it was because he didnt really believe in it, if he does they claim its for his own profit.........damned if you do and damned if you dont....

Al Gore etc puts his money into what he believes in he may or may not profit.....I call it putting your money where your mouth is...

HSBC might well call this "green stimulus" this does not make it so, its an opinion....given the size of the global economy and its reliance on cheap and plentiful energy, 94 billion is pathetic....

URL please

regards

 

 

 

 

 

 

 

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hehehe

Pulls chair up.  Zaps popcorn in microwave.  Waiting to see whether Powderdownkiwi will respond....

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To what end? the information is all out there for ppl to read for themselves and make their own mind up. Hopefully they will take the time to look at the quality and depth of both sides of the argument...I have I think and reached my decision.

However I do reserve the right to change it in light of new information, probably its going to be worse than we are expecting....so will have to do more, quicker.

regards

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I am a  chemistry graduate and just recently took an interest in global warming.    I was very surprised to see that

1. Southern hemisphere sea ice extent has been slowly growing for the last 30 years

2. Northern hemisphere ice extent was forcast in 1959 by leading scientists to be entirely gone by 2000.   And us oldies remember they were saying we were going back into an ice age in the 1970s.   

3.. There is no current satellite instrumentation capable of measuring the entire Infra red spectrum to observe the various green house gas influences and the last instrument capable of any measurement of the far infra red was up there in 1974.     If you ever see a picture showing the influence of C02 as shown by satellite it will be from the 1970's and it will be an unusual picture where almost no water vapour is present since water majorly masks C02.     And in reality a typical picture of the spectra is so chaotic to the point it can reveal very little.

4. We dont even fully know the IR characteristics of water vapour in the atmosphere where water vapour and water are overwhelmingly the most massive factors influencing the green house effect.

5. A green house is in fact kept warm because it traps the air that is heated inside the greenhouse rather than because it does not radiate long wave radiation to cold space.

6. The C02 impact is sufficiently low that on a warm dry night in arizona you can freeze water by radiation to outerspace when the air near the roof is at 12C and such methods were used by the ancients to make ice thousands of years ago in places like Persia. 

The fact is the ability of our world to radiate heat to outerspace when there is little water in the atmosphere is huge and the influence of water is amost entirely absent in any popular literature on global warming where water is overwhelming the main green house gas. 

And curiously there is almost no science at all on the impact of C02 to retain the earths heat with the kinds of experiments which most physics and chemistry graduates would be familiar.  Instead there is a lot of talk of computer models where C02 gets 30% or whatever of influence and picture are shown of the IR window from space using those old satellite pictures where water was more or less absent.

What is more it is likely the earth is warming anyway from the last ice age or last cooling phase.

But as can be seen by the NZ temperature record as recorded by people for 150 years or so,  NZ has more or less zero warming in that period at a tiny 0.06C increase. 

Something just does not add up whatever the facts are.     And importantly if people like me actually say this sort of thing publicly, then rather than a discussion of the issues there tends to be a focus on my character and my motivations.

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Yes it's interesting isn't it that if you converted 1 ton of atmosphere into $1000, then the CO2 component would make up 39c of that $1000. Yes that's right, 39 cents. Nitrogen would take up $780, and oxygen, $210. Water vapour at the surface would be between $1-$4.

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So the CO2 content, represents a very sensitive lever...

It's a shame the atmosphere isn't money... or we could just have our Mates in Fed print up somemore to make the problem go away.

Sadly the real world is a closed system. 

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I was very interested to read an article in Nature a week or two back that reported that the amount of visible light hitting the earth's surface has increased over the last several years despite a reduction in the Sun's overall activity.  This may have caused as much warming as CO2 over the last three years according to the by-line. Among other things the research findings highlighted that our understanding of the sun’s effects on global warming is extremely poor and probably requires major revision.

I think we should start taxing sunlight. Hey, the Middle East is bathed in the stuff and it’s really hot there! Let's tax them as a major cause of global warming - we can get some of our petrol money back!

Here's a link to the article:- http://www.nature.com/news/2010/101006/full/news.2010.519.html

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David,
There are good arguments to suggest that magnetic fields (Sun and Earth), and cosmic rays, leading to cloud formation, are indeed significant influences on global climate.

The argument is quite simple. The magnetic fields affect the number of cosmic rays reaching the atmosphere. This is also affected by the level of cosmic rays entering the Solar System, which varies greatly depending upon where we are re spiral arms of the galaxy.

Cosmic rays "seed" cloud formation. So the more cosmic rays, the more cloud.

The more cloud, the more of the Sun's light is reflected, so the cooler it is.

This appears to be a more significant effect than just illuminance from the Sun.

For one of the best descriptions of this please see:

Lecture on Cosmic rays and climate by Physicist Jasper Kirkby of CERN
http://www.neuralnetwriter.cylo42.com/node/2525

As you will see, there appears to be a poor relationship between CO2 and global temperature, whereas there is a good relationship between cosmic rays and global temperature.

It's always worth remembering we are in a "ice house" at the moment. It's a cool period for the Earth, not a hot one.

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Any significant Climate change causes the migration off many lifeforms...during the Viking period when the mini ice age started, they moved south , because their crops wouldnt grow.At that time one of Britains main exports was wine. As it got colder Scotland invaded England for the same reason.It finally started to warm up again around 1850.Now Britain is growing wine again.Its all cycles within cycles.Adaptability is the key.

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This is a generally interesting (and mostly civil) debate that we haven't had on this site recently.

I appreciate people's attempts to keep it civil.

A quick reminder to people to not be abusive and to back up their arguments with links to other sources/authorities.

cheers

Bernard

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Links to support what i said:

1957 claim northern ice would all be gone by 2000

http://i680.photobucket.com/albums/vv161/Radiant_2009/popularmechanics1957-2.jpg

1970's claims we were entering an ice age.

the text from Stephen Sneiders book of the time:

http://i680.photobucket.com/albums/vv161/Radiant_2009/DSC01120.jpg

 

Former Nasa scientist saying it is easier to get funding if you sex it up where he mentions claims of ice age in the 1970's. http://s680.photobucket.com/albums/vv161/Radiant_2009/?action=view&current=MOV01122.flv

State of the current southern hemisphere sea ice showing a rise over 30 years http://arctic.atmos.uiuc.edu/cryosphere/IMAGES/seaice.anomaly.antarctic…

Absence of far infrared measurements from space, reliance on models and need for better data.

http://ams.confex.com/ams/pdfpapers/112939.pdf "Despite the magnitude of the calculated far-infrared contribution, however, very few spectrally-resolved measurements of the Earth’s atmosphere-surface system have been taken from space-based instruments."

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You obviously did not follow the New Normal and any number of civil debates that are had here in your domain.

A small objection to the requirement to back  up argument with links  to other sources /authorities..............................I don't want to......how bout that..!

Be a bit careful with that sort of directive as it leads to an invasion into free thought and is counter-productive..(I would have thought) to the responses you are trying to foster here in order to achieve your objectives.........................I have no link to support that statement.

On the abuse I would agree but you need to exercise discretion where humour / accidental offence is caused.......as an example it is difficult to judge a line such as

                                                  God I hate F$%king Nazis.

believe it or not a lot of people will be offended by that...!

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Experiencing more severe weather events such as droughts, flooding, hurricanes, storms, sea level rising, diseases, etc. and its financial consequences are increasingly hurting nations/ businesses/ nature all over the world. It seems since about 2 years we are cleaning up constantly.

If this is called Climate change, global warming caused by us or not, isn’t relevant until proven. The most important question is, if we accept reality or not and prepare solutions to try and minimise damages. I think climate change supporters are in a better position then deniers and should be at least accepted.

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I agrre partly with the last bit of your statement regarding"  if we accept reality or not and prepare solutions to try and minimise damages".

Unfortunately the last part"climate change supporters are in a better position then deniers and should be at least accepted." defeats your cause...

because the former would rather "waste funds " on proving they are right and crazy schemes regarding reducing cows methane emmisions,unsightly windfarms,carbon taxes/schemes etc...

They latter and probably more practical group(deniers) may in fact buy into the argument if it involved building better sea walls...stock banks...planting more trees on erosion prone hillsides.

Things that actually work ..you can see..and are not some "theory" /model or just a money making scam

Regards

 

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Andrew in Finland,
You said:
"5. A green house is in fact kept warm because it traps the air that is heated inside the greenhouse rather than because it does not radiate long wave radiation to cold space."

I explained that to someone on propertytalk and was told I was an idiot!

Which just showed me who the idiot was LOL.

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Steve this might help.

http://en.wikipedia.org/wiki/Greenhouse_effect

The "greenhouse effect" is named by analogy to greenhouses but this is a misnomer. The greenhouse effect and a real greenhouse are similar in that they both limit the rate of thermal energy flowing out of the system, but the mechanisms by which heat is retained are different. A greenhouse works primarily by preventing absorbed heat from leaving the structure through convection, i.e. sensible heat transport. The greenhouse effect heats the earth because greenhouse gases absorb outgoing radiative energy and re-emit some of it back towards earth

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Is Radio New Zealand National going to follow the BBC example and ensure balance on climate change?
16th Oct 2010
by Steve Netwriter
http://neuralnetwriter.cylo42.com/node/3694

I suspect those on the "alarmist" side will find the interview with Tim Flannery mentioned in my article interesting. Those on the "skeptical" side may find my article's question of interest.

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There is balance on a scientific argument and there is listening to those who for politcial reasons/viewpoint deny the science and spread dis-information...

When you have 10s of thousands of qualified ppl with peer reviewed work saying yes, we are just not sure how bad, v  a few handfuls of ppl with no sound training and dubious capability who are selling a political line disguised as a scientfic one and are prepared to lie, steal and in fact it seems do just about anything to get their way....then giving equal air time or indeed any air time in effect legitimises the deniers actions...

regards

 

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http://www.marshall.org/pdf/materials/203.pdf

 But I’m not interested in endless debates about the “If’s or “No’s”. Severe weather events increased and costs billions more – a heavy financial burden, especially for the next generation in case the trend isn’t reversing. Economies (food production) worldwide will suffer.

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Exactly......

1) There is change....and its for the worst.

2) A bit of warming if that was all it was isnt that bad, but it seems its a lot of warming plus the more very severe events that come along with it. So the World's population is now so large that such large events risk starvation...because food production is now close to its practical maximum, and in fact our population grows on the years of good harvests, that means poor harvests or even average harvests become a problem.

Then we have extreme events these are causing big issues...an example is Russia grain output reduction, what if we get Russia again and say the USA has a poor year at the same time? Grain stocks have been reduced for ethanol....the reserves look low.....Russia is keeping its grain...so others have to buy elsewhere....even if that isnt outright shortages thats political instability...

I have been reading such stuff for over 4 years now...for me at least there is no debate beyond how bad and how fast....AGW has my vote...now its FFS get on and do something about it......

regards

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Steven, good to see you talking about the consequences of severe weather events and not about the cause. If it is climate change or not and men made or not needs to be proven. I personally think it will end up similar to the tobacco story - but I'm not wasting my time debating.

Deniers watch also - to the end:

http://www.youtube.com/watch?v=zORv8wwiadQ

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andyh,

          I took the trouble to go and look at the link where you claim Hal had trouble keeping up with papers in his own field 25 or so years ago.

For context

====== cut from link ===

 

Transcript Dr. Aaserud:

Your papers — correspondence, notes, manuscripts, things of that sort — what's the status of those? That's another thing we're interested in.

Dr. Lewis:

Yes. I really don't have them, you know. I've long since either lost in moving or discarded everything that I had. So I have no papers around from JASON, if that's what you mean.

  Aaserud:

No, generally — both JASON and generally speaking.

Lewis:

There are lots of things, but they're scattered in a complicated way. Generally speaking, I throw things away after a few years, so the only things I have are the things that have accumulated over the last few years and are relevant to the things I'm actually doing these days.

Aaserud:

That's another thing that the Center is strongly involved in — just saving papers for historical purposes.

Lewis:

Yes, I understand. But I have enough trouble keeping up with current papers.

====== end cut from link ===

 

When read in context I believe it does no harm to Steve's case.

In many areas the amount of research being published has exploded in volume. My reading of that link is that is all Hal was referring to. Not that he was getting doddery.

I'm afraid that in my opinion it doesn't support your case.  And as that doesn't support your case the issue with Hal not having published a paper on climate change loses much of its punch.

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If he has not published several peer reviewed papers in the relevent subject(s) then he has no standing....by this I mean he cannot show he has the training, knowledge and experience to comment professionally / expertly on such a subject....if this was a court of law, he would not survive as an expert.......he's be kicked / laughed out by the judge and the jury.

Now if you choose as one member of the jury to take that view, that is of course your choice...but doing so for other reasons than the truth and the facts of the case.......who are you hurting? yourself really....

regards

 

 

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Steven did you listen to the video ? http://www.youtube.com/watch?v=zORv8wwiadQ

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'Truth' is problematic in itself.  As Thomas Kuhn's PhD thesis demonstrated;

The normal-scientific tradition that emerges from a scientific revolution is not only incompatible but often actually incommensurable with that which has gone before (Kuhn 1962, 103).  We may, to be more precise, have to relinquish the notion, explicit or implicit, that changes of paradigm carry scientists and those who learn from them closer and closer to the truth (ibid, 171).

In other words, the existence of a scientific consensus doesn't necessarily mean we suddenly know the "truth".  The so very complex nature of natural systems, to my mind, suggests that the one thing there is likely to be no limit to in this human world is knowledge advancement.

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hehehe.  your arguement makes me chuckle.

So you will only accept as valid argument, criticism from people who have published papers.?

Guess the boy who pointed out the emperor had no clothes shouldn't have pointed that fact out as "he had no standing".

If you are in academic circles you might have a point as intellectual self-stimulation appears to try to limit the (pleasurable) input to like-minded people.

However, if you are interested in the wider debate then you might actually decide whether a person has credibility in general. And that is a matter for the observer. Steve's point was that andyh attacked Hal's credibility via ad hominem attack rather than focusing on what he had to say. You are focusing on field of study rather than whether what Hal had was valid or not. In both cases neither you nor andyh have addressed Steve's points.

Instead we have devolved into a meta-argument about qualification to comment.  And if you thought about it, without noting your list of papers on the areas we are discussing, under your rules, you yourself shouldn't be commenting.  (I haven't published any papers hehehe)

I have heard and seen complete and untter tosh from many "experts" who have published in their field. In many cases they are supporting the current dogma and that can subsequently be proven to be tosh when science advances enough.  Likewise I have seen much of worth from people who apply general principles and criticize based on first principles.

BTW this is not a court of law.

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Yes Gibber I can just imagine the next time one of your family develops a life threatening disease that you will rush out and seek the opinions of a few random members of the public rather than going to a hospital consultant.

That, in essence, is what you are advocating.

Good luck with that approach.

 

By the by I note there are apparently 47,000 odd members of the APS.

I guess 46,840 or so didnt feel the need to lend good old Hal their support in his views.
 

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andyh,

Ok,  Maybe you might want to go to http://en.wikipedia.org/wiki/Ad_hominem before replying next time.

If you are right then I won't go to a consultant next time my family is ill so long as  the next time there is a housing bubble in New Zealand you will defer to economists from the RBNZ and the banks and won't criticize them on forums like interest.co.nz. I think that is what you are saying.

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Excellent. I'll chalk that one up as a win then.

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hehehe

 

I'll link back to this next time you have a crack at Bollard
 

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Gibber, well stated.

The whole peer revue and publication process has problems including if you are considerably ahead of your peers or challenging what they accept as the status quo.

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Sorry Gibber, the comment:

''Yes, I understand. But I have enough trouble keeping up with current papers'', is pretty black and white which ever way you look at it.

And he admitted that as much 20 odd years ago.

Now we are meant to give his views on climate change some sort of credence? An 87 year old physicist rails against developments in a field he has NO expertise in? Woopeedo, that torpedos the mountains of data churned out by climate change specialists around the world doesnt it?

You are having a laugh.

Its worth noting that a significant number of the climate change sceptics from within the science community are retired (emeritus). As any scientist worth his/her salt will tell you 90% of groundbreaking science is produced by the under 50's. By the time you hit 60 (if not earlier) you are likely an administrator/manager at best. Scientists are no different from ordinary folk - as they age their inability to assimilate/appreciate new data tends to decline.

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andy,

hehehe.  

it is black and white but the interpretation is a shade of grey. And when you read the context of the transcript it is very easy to come up with an alternative view from yours

. If you just quote the sentence you quote it appears to support your case.  When you read the context it is much harder to believe it supports your case.

For example, if you go to google scholar and search on "peak oil 2010". You get over 4,000 hits.  If your field of expertise was peak oil, would you be able to honestly say you could keep up with current papers on peak oil?  Make the search "peak oil" and you get 848,000

Search on "Climate Change 2010 " and you get around 665,000

Try google scholar and "depression ECT" or  "Depression fluoxetine". Count the hits.

If you were a psychiatrist, could you put your hand on your heart and say you could keep up with all the research in your field?

WIth respect to your comment about science being done by people under 50, I would have thought most new science was done by people under the age of 35.

Anyhoo. point remains. Correlation is not causation

Because most science is done by those under 50 (or under 35), it does not rule out science being done by 87 year olds.

And gets back to my main point. You are discrediting based on age. Not on content.

I've met many doddery people in their mid 80's. And a few who are as sharp as tacks. I do not believe you have made your case.

Pointing out someone is 87 means we do need to check their information. But we need to be careful that this is not a case of "the old man pointing out the emperor has no clothes"

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Gibber if you are the same Gibber from NZ GHPC you will know that AndyH is a master of creating new realities more or less out of nothing.    I note for example that NZ commodity prices keep going higher and the collapse he was talking about is nowhere to be seen so far.  Even dairy appears to be getting reasonable payouts?     Doom, at best, has been delayed as far as NZ is concerned.

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As long as the clown Keynesians running the Federal Reverse keep printing $US and debasing that currency , keep yer sticky pinkies upon what-ever commodities , or hard assets , that you're comfortable with . Stay out of cash !

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Amen !

As I pointed out earlier increase severe weather events are a fact. It is up to us to work around that and find solutions to minimise the damages. The video is a good example how.

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Kunst

the video is a bit silly.   According to the presenter if man made warming is true it will be an almighty total disaster.    How about it just gets a bit warmer and most people just enjoy that and with irrigation crops grow better in more areas of the world as increased humidity leads to higher rainfalls and for example an extension of the rain forests and so forth?

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 The video is so convincing, I was almost certain that someone out there (a kifi) find something which isn’t that important.

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no idea what a kifi is .     Instead of having a go at me you could have a go at recognising that what i said was perfectly valid.   Ie his beginning assumptions are that AGW will be catastrophicly terrible or that GW is not caused by humans and will be harmless.   

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KIFI  is TV channel 8 in eastern Idaho ............ Sometimes Walter makes oblique comments ! Artists , huh .

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quote:

by Kunst | 12 Oct 10, 8:33pm

I think over a number of years the world is experiencing more severe weather events. If they are caused by climate changes or not isn’t relevant, before proven or not - but a fact to be accepted.

unquote

Understandable confusion over whether the claimed AGW causes more severe weather events
http://neuralnetwriter.cylo42.com/node/3710

quote:

When the paper was eventually published, in 2008, it had a new caveat. It said: "We find insufficient evidence to claim a statistical relationship between global temperature increase and catastrophe losses."

unquote

Read my article for more details.

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Earlier on this issue I provided this link below, which tells a different story. Wherever I read, even scientific reports it is statement against statement.

http://www.marshall.org/pdf/materials/203.pdf

 For me personally this http://www.youtube.com/watch?v=zORv8wwiadQ  is the best available solution until we know more about  weather patterns. Unfortunately I cannot see many taking actions. This has the potential to ruin not only agriculture businesses, but communities, even nations.

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So you don't accept the IPCC 2007 report and the contributors?

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quote:

Pielke et al. (2000)
3
 estimate for the year 2050 that economic
losses for natural weather disasters –  tropical cyclones, floods, water re-
sources – would grow dramatically, even in the absence of climate change
(human-made or natural, or both). The rise in economic losses occurs pri-
marily from population growth plus societal and economic development.  
Compared to the estimated losses for human-made climate change (e.g.,
projected rise in flooding, extreme precipitation, tropical cyclones, etc.) so-
cietal trends would be 22 to 60 times more potent in creating economic
losses than the projected rise in losses from greenhouse-gas weather disas-
ter losses. That is to say, committing to mitigation of a greenhouse-
enhanced atmosphere will be of little consequence in reducing the enor-
mous weather losses that would come from societal trends.

unquote

and

quote

Summary
 
In an atmosphere theoretically warmed by the air’s increased con-
centration of greenhouse gases, climate-related catastrophe losses would be
little influenced by policies like the Kyoto Protocol, for three reasons.  
 
First, there is no reliable evidence for increased severity or fre-
quency of storms, droughts, or floods  that can be related to the air’s in-
creased greenhouse gas content
. The computer simulations do not give re-
liable forecasts on future extreme weather. Reconstruction of past climate
change links the coldest times of the last millennium with periods of more
frequent or more severe events, or both.
 
Second, in terms preventing predicted catastrophe losses, socio-
economic trends, not the forecast human-made climate effects from a rise
in the air’s greenhouse gas content, would by far dominate the loss costs.  
 
The UNEP report admits the importance of the socio-economic fac-
tors in catastrophic losses, but fails to recognize how small a component
the forecast human-made climate effects would play: “Although the steady
increase in economic and insured losses is more a function of the concen-
tration of economic development in vulnerable regions than climate change
per se, it is clear that climate change will exacerbate these loss trends.”

unquote

If my quick reading of that is correct, they are saying CO2 is not a factor, but a growing population and building in "stupid places" is.

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As long as scientific statements are against others, it isn’t a matter of acceptance it is a matter of believe. I’m therefore not fanatical about this issue. I personally think worldwide – yes we are cleaning up all the time, costing economies Billions. Why can't we do better is my question ?

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IPCC aims for clarity and relevance in new report

http://www.bbc.co.uk/news/science-environment-11551943

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