Monday, July 20, 2009
Second, another 25% of all ER visits for each group were for primary care treatable/preventable maladies. In other words, almost half of all ER visits were either for conditions that could have waited at least 24 hours to be addressed, or could have been solved in a doctor’s office."
What all of this means is that the President is trying to manufacture a crisis in order to ram through his health care takeover. Never mind that the Federal government has failed at containing costs of its health care programs. Never mind that the problem of ER use will not go away. Never mind that the proposed solutions are no solutions at all. I think the President really knows - just like the rest of us - that a national healthcare system will not improve health care, will not contain costs and will make all of us worse off. However, it will give the government control of one-sixth of GDP and control over the most vital aspect of our lives. So is it any wonder that he and the democrats are rushing this through at breakneck speed?
Wednesday, July 15, 2009
HEAT OF THE MOMENT
Scientists abandon global warming 'lie'
650 to dissent at U.N. climate change conference
Posted: December 11, 2008
12:00 am Eastern
© 2009 WorldNetDaily
WASHINGTON – A United Nations climate change conference in Poland is about to get a surprise from 650 leading scientists who scoff at doomsday reports of man-made global warming – labeling them variously a lie, a hoax and part of a new religion.
Later today, their voices will be heard in a U.S. Senate minority report quoting the scientists, many of whom are current and former members of the U.N.'s own Intergovernmental Panel on Climate Change.
About 250 of the scientists quoted in the report have joined the dissenting scientists in the last year alone.
In fact, the total number of scientists represented in the report is 12 times the number of U.N. scientists who authored the official IPCC 2007 report.
Here are some choice excerpts from the report:
• "I am a skeptic ... . Global warming has become a new religion." -- Nobel Prize Winner for Physics, Ivar Giaever.
• "Since I am no longer affiliated with any organization nor receiving any funding, I can speak quite frankly ... . As a scientist I remain skeptical." -- Atmospheric Scientist Dr. Joanne Simpson, the first woman in the world to receive a Ph.D. in meteorology and formerly of NASA who has authored more than 190 studies and has been called "among the most pre-eminent scientists of the last 100 years."
• Warming fears are the "worst scientific scandal in the history ... . When people come to know what the truth is, they will feel deceived by science and scientists." -- U.N. IPCC Japanese Scientist Dr. Kiminori Itoh, an award-winning Ph.D. environmental physical chemist.
• "The IPCC has actually become a closed circuit; it doesn't listen to others. It doesn't have open minds ... . I am really amazed that the Nobel Peace Prize has been given on scientifically incorrect conclusions by people who are not geologists." -- Indian geologist Dr. Arun D. Ahluwalia at Punjab University and a board member of the U.N.-supported International Year of the Planet.
• "The models and forecasts of the U.N. IPCC "are incorrect because they only are based on mathematical models and presented results at scenarios that do not include, for example, solar activity." -- Victor Manuel Velasco Herrera, a researcher at the Institute of Geophysics of the National Autonomous University of Mexico.
• "It is a blatant lie put forth in the media that makes it seem there is only a fringe of scientists who don't buy into anthropogenic global warming." -- U.S. Government Atmospheric Scientist Stanley B. Goldenberg of the Hurricane Research Division of NOAA, the National Oceanic and Atmospheric Administration
• "Even doubling or tripling the amount of carbon dioxide will virtually have little impact, as water vapor and water condensed on particles as clouds dominate the worldwide scene and always will." -- Geoffrey G. Duffy, a professor in the Department of Chemical and Materials Engineering of the University of Auckland, New Zealand.
• "After reading [U.N. IPCC chairman] Pachauri's asinine comment [comparing skeptics to] Flat Earthers, it's hard to remain quiet." -- Climate statistician Dr. William M. Briggs, who specializes in the statistics of forecast evaluation, serves on the American Meteorological Society's Probability and Statistics Committee and is an associate editor of Monthly Weather Review.
• "For how many years must the planet cool before we begin to understand that the planet is not warming? For how many years must cooling go on?" -- Geologist Dr. David Gee, the chairman of the science committee of the 2008 International Geological Congress who has authored 130 plus peer-reviewed papers, and is currently at Uppsala University in Sweden.
• "Gore prompted me to start delving into the science again and I quickly found myself solidly in the skeptic camp ... . Climate models can at best be useful for explaining climate changes after the fact." -- Meteorologist Hajo Smit of Holland, who reversed his belief in man-made warming to become a skeptic, is a former member of the Dutch U.N. IPCC committee.
• "Many [scientists] are now searching for a way to back out quietly (from promoting warming fears), without having their professional careers ruined." -- Atmospheric physicist James A. Peden, formerly of the Space Research and Coordination Center in Pittsburgh, Pa.
• "Creating an ideology pegged to carbon dioxide is a dangerous nonsense ... . The present alarm on climate change is an instrument of social control, a pretext for major businesses and political battle. It became an ideology, which is concerning." -- Environmental Scientist Professor Delgado Domingos of Portugal, the founder of the Numerical Weather Forecast group, has more than 150 published articles.
• "CO2 emissions
make absolutely no difference one way or another ... . Every scientist knows this, but it doesn't pay to say so ... . Global warming, as a political vehicle, keeps Europeans in the driver's seat and developing nations walking barefoot." -- Dr. Takeda Kunihiko, vice-chancellor of the Institute of Science and Technology Research at Chubu University in Japan.
• "The [global warming] scaremongering has its justification in the fact that it is something that generates funds." -- Award-winning Paleontologist Dr. Eduardo Tonni, of the Committee for Scientific Research in Buenos Aires and head of the Paleontology Department at the University of La Plata.
The report also includes new peer-reviewed scientific studies and analyses refuting man-made warming fears and a climate developments that contradict the theory.
Monday, July 6, 2009
Proposals don't fix reason for crisis
By Dr. Harold Black
Knoxville News- Sentinel
Sunday, July 5, 2009
Politicians, like generals, fight the last war. A clear case in point is the proposed legislation on financial institutions.
The main parts are that the FDIC would be able to seize nonbank companies that pose a systemic risk to the economy, the Office of Thrift Supervision will be merged into the Office of the Comptroller of the Currency, financial companies would be required to hold more capital, hedge funds would get regulatory oversight, a new consumer agency would be created to regulate financial products, and the Fed would get oversight authority over all big financial companies.
These proposals are backward-looking. The power to seize nonbanks was likely prompted by the failure and subsequent bailout of AIG. The imposition of more capital would lessen the cost of failure to the government but not lower the likelihood of failure. The government has always wanted to regulate hedge funds, and the financial crisis gives it that opportunity, even though hedge funds had nothing to do with the financial crisis. There were critics of some financial products offered to consumers, but the banking agencies already had oversight responsibilities, making the new agency redundant. Since the Fed already regulates bank holding companies and financial holding companies, the new legislation must intend to include financial institutions that are not members of holding companies.
The merger of the OTS into the OCC is of little consequence.
Note that none of the proposals addresses the reasons for the financial crisis - namely asset bubbles. Remember when Alan Greenspan said in 1996 referring to the stock market that "irrational exuberance has duly escalated asset values?" That bubble was fueled by the dot-com craze and wiped out more than $5 trillion in market value. Although the rules will do nothing to prevent asset bubbles, at least they also will do little harm - which is in direct contrast to cap-and-trade, which arguably is the single worse piece of congressional legislation in the history of the republic.
What to do? Here is some unsolicited advice from someone who has taught regulation, written regulation, headed a federal regulatory agency, and been the subject of regulation as a director of one of the nation's largest savings and loans and as a director of the nation's largest real estate investment trust:
n There is no such thing as systemic risk. If it is too large to fail, it is too large to exist. Use the existing anti-trust legislation to limit monopolies (private or government) and to encourage competition.
n The market is always ahead of regulation. Enact rules that make market participants apply for use of new instruments and explain their risk. The regulator would have 90 days to either approve or disapprove. If no action is taken, then the instrument can be used.
n Prevent asset bubbles. Both the New York Stock Exchange and Nasdaq can suspend trading of company stocks and that of the entire exchange. The SEC also can suspend trading if it "is in the public interest."