Hard hitting global and local news
Diana Olick has an interesting article called Defying Gravity: Miami Condos Soar Again During the height of the housing boom, some likened the feverish flipping game in Miami’s condominium market to a circus. The circus is back, and more high-flying than ever
From the library of genuine news, Reuters reports Cyprus parliament rejects deposit tax for bailout . Cypriot lawmakers overwhelmingly rejected a deeply unpopular tax on bank deposits on Tuesday, throwing into doubt an international bailout for the troubled euro zone member needed to avert default and a banking collapse
Staged Vote? In spite of the 1-Not Present, 36-No, 19-abstentions vote in the Cypriot parliament, one really has to wonder if this was a staged vote to show solidarity with Cypriot citizens, with some sort of face-saving deal already approved for tomorrow (in which the Cypriot parliament votes yes by a slim majority in return for minor concessions from the ECB and Germany). In short, it is unclear if we really know what is happening in the Cypriot parliament.
Too many takedowns to count for David Rose who doesn’t realize that short-term fluctuations in temperature tell you little about long term trends. The latest case is that according to one computer model, the temperature sequence ending in 2012 is close to the bottom edge of the statistical uncertainty range, a point where there’s only supposed to be a 5% chance that random variation produces a temperature below the modeled range.
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Speculation on Cyprus is rampant. It is difficult to separate fact from fantasy as reports as to what is happening vary widely. For example Ekathimerini reports ” Cypriot Finance Minister Michalis Sarris is about to be replaced upon his return from his current trip to Moscow, Kathimerini understands, as he no longer enjoys the support of President Nicos Anastasiades following his handling of the crisis
Here’s one for the thick book of EU lies and hypocritical statements " Deposit guarantees only protect against bankruptcy, not levies " Guarantees on deposits in the European Union are only there if a bank completely collapses, and does not protect from fiscal steps decided by parliaments, the European Commission said on Tuesday, defending a decision to impose a levy in Cyprus. Excuse Me! What are the Cyprus banks, if not shutdown, collapsed, and bankrupt
Links NATO Proxies Using WMD’s in Syria – Dozens Dead March 19, 2013 (LD) UPDATED – After a 10 year war/occupation in Iraq, the death of over a million people including thousands of US soldiers, all based on patently false claims of the nation possessing "weapons of mass destruction," (WMDs), it is outrageous hypocrisy to see the West arming, funding, and politically backing terrorists in Syria who in fact both possess, and are now using such weapons against the Syrian people. At least 25 are reported dead after a chemical weapons attack targeting Syrian soldiers was carried out by NATO-backed terrorists in the northern city of Aleppo. While NATO-backed terrorists claim they lack the "expertise" to even use chemical weapons, it was reported by CNN in their December 2012 article, " Sources: U.S
UPDATE: An English version of Jos Hagelaars Dutch post is now available on Our Changing Climate. Eli appreciates their recognition that this indeed is the Wheelchair Curve Jos Hagelaar s splicing of the Shakun, Marcott, HadCRUT4 and CMIP5 A1B temperature anomaly reconstructions is clearly going to become iconic . Icons, like the hockey stick, need names. Eli was playing around with a few, the beach chair, the Barca lounger the airplane seat, none quite fit, until the Rabett thought about what we are doing to our world Oh yes, FWIW, the spike at the end is the instrumental record and the CMIP5 models of our future based on our current behavior and has nothing to do with how accurate the Marcott reconstruction is at recent times. Indeed that is the strength of Hagelaar’s wheelchair, that it uses multiple sources to give us the big picture in one figure.