Profiting off temperature changes

These numbers are from the CME Group weather derivative white paper, where the temperature measures come from local airport weather stations. It looks like an average decline of 14% has occurred in 2009 with respect to the past 10 year average.

Going against the (global warming) crowd, and betting on a cooler summer would have resulted in some nice profit. Just like how all other markets have worked. It's tragic how much politics has gotten involved with weather research.

Murdoch hates climate change folks

The usual pro-government FOX News has lately displayed an Anti-Global Warming (i.e. anti-establishment) agenda. What's going on here? Is it simply Obama Administration-disapproval trend following, or has FOX News decided to take a fair position in the climate-change debate?

US job-count failures

Caroline Baum on effects of the US Healthcare reform, with respect to the Obama administration's claims of job creation. (Bloomberg)


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How many small businesses are holding off on hiring additional employees until they know what additional burdens Congress will impose on them in the name of health-care reform? How are expectations of higher health-care costs affecting consumers’ current spending, which in turn affects output and employment? (Only in government la-la land can you provide more health care for less money.)

In the face of a 10.2 percent unemployment rate and growing doubt about government claims of jobs created, the administration is standing by its 640,329. After all, Devaney has “no doubt that there’s a lot of jobs being created.” It’s just a question of how many.

One million? 640,329? It’s close enough to zero for government work.

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Having the above coupled with the coming "Climate-Gate" carbon-tax policies, no actual economic recovery would likely commence until the wrongs are put right. Here too, politics in NZ presently has largely followed American, Euro-centric influence.

Recent revelations on Climate-Gate,

Somebody must address these tough issues, and voice hard questions! Truth conquers all.

Socialism and Politics

Special interest groups have historically applied impractical socialism ideals to captivate supporters amidst economic hardships. China, North Korea, and the former Soviet Union come to mind. While utopian theories sound nice, they do not offer feasibility as these ideas forget to factor in corruption related risks.

Political process rundown

The scheme from the (evil) interest group’s perspective.

1. Allow or influence existing political will to undermine the economy, therefore lowering living standard. As power generally leads to corruption, even Rome had fallen while its enemies needed nothing but patience.

2. Initiate campaign, appear empathetic of the peoples’ outrage at the existing government, business owners for job cuts. Pacing remains crucial in bypassing the critical factor, i.e. by appearing to agree on issues off various levels, the audience becomes more inclined to accept any following suggestions readily. (A common speech pattern utilized by US politicians.)

3. Through all media channels, promote needs for equality, sharing, friendship and helping… This is where the distraction, brainwashing takes place; “…give us a chance to lead, and we will make other people work and pay for your life style, yay!”

4. Once in power, terminate all potentially opposing forces so as people begin to see the truth, they have already become helpless. When Mao’s communist party triumphed in China, they killed anyone with more than a high school education, business owners, economists, national party members, and etc.

What about wealthy areas like Europe and Australia?

2 words: Global Warming