Climategate reaction

Posted By on December 8, 2009

Climate fraud controller Phil Jones of East Anglia University has been placed on leave pending an investigation of his emails. This investigation is scheduled for next spring. They hope it will be forgotten by then. Note at the end of this Daily Tech article that James Hansen’s NASA data has also been discredited as fraudulent.

Threat of a lawsuit against NASA. (more…)

Dubai’s debt

Posted By on December 7, 2009

The revelation of the Dubai debt moratorium sent the U.S. stock market down for a day last week. It rebounded the next day when the amount of the debt was reduced in public statements. But let’s try to go behind the TV reporting. Does anybody really know the extent of the Dubai debt obligations?

Jeremy Warner at the Telegraph on Dubai’s debt.

Could Dubai’s debt sink Britain’s banks?

Several opinions at the Wall Street Journal.

MoneyWeek weighs the scandal.

“Governments may have “bankrupted themselves” by bailing out the world financial system, says David Smith in The Sunday Times.”

Morgan Stanley warns that Britain may face a debt crisis next year. One result of Britain’s bank bailout may be that British government debt gets rated lower than corporate debt as interest rates rise.

One of the big problems in assessing the financial crisis is that you can’t be sure that governments are telling the truth about the scope of their debts.

Postdemocracy

Posted By on December 5, 2009

NWOU is always delighted when we come across a piece of writing that we can endorse. Unfortunately, that seldom happens, so we usually have to write the posts ourselves. But today we are going to send you to a piece that describes what has happened to democracy in the media age, Postdemocracy by E.R.E. Knutsson. Both parts are required reading. (more…)

Intel wants chip implants by 2020

Posted By on December 3, 2009

There are too many new police state technologies being developed for us to keep up with the growth in the field, but here are some stories that caught our attention.

A brief summary article on progress toward the police state around the world. (more…)

Unstable debt

Posted By on December 2, 2009

Everyone (except the Left) is aware by now that there is too much debt in the world. The high relation of debt to real assets is causing every country and every sophisticated investor around the world to try to figure out how to get out of dollars and into tangible assets. This means, every smart person is working against the Fed’s policy of reinflation, which is aimed at convincing more people to take on more debt. (more…)

England announces end of nuclear family

Posted By on December 2, 2009

When we hop across the pond to see how the takeover is progressing in England, we always start with Centurean2, a site so comprehensive that we can’t understand how he does it. Centurean reports that new European Union President Herman von Rampuy is being directed by the Bilderbergers, as is EU Commission President Jose Barroso. Von Rampuy plans to “tap off green income,” but he also has a backup plan, a Europe-wide tax. This one-two punch of tax increases can only slow EU economic recovery. How greedy are these socialists?

Everything at Centurean is worth a read. (more…)

Climategate

Posted By on November 30, 2009

They are calling the email scandal at East Anglia’s Climatic Research Unit “Climategate.” OK, we’ll go with that name. There has been a lot of media coverage, but we’ll cover it here as there are new developments we don’t want you to miss. Phil Jones, director of the CRU, admitted that he had altered climate data to mask the actual decline in world temperatures. This might seem like a small scandal, but it turns out that the CRU supplied the data used by the IPCC (UN). Jones has led the team of scientists that has stifled debate about global warming. His admission that he had deleted raw data and would rather delete raw data than hand it over on a Freedom of Information request was damning evidence that Jones is sitting atop the most important global warming fraud team. (more…)