August 6, 2013 0

Revised AGU Statement on Climate Change

By News Desk

The AGU has issued its revised statement on climate change , approved by the fifteen member committee chaired by Gerald North with one (predictable) dissent.  Human induced climate change requires urgent action. Humanity is the major influence on the global climate change observed over the past 50 years.

August 5, 2013 0

Japan Near Stagnation Following 9 Months of Growth; Service Sector Prices Back in Deflation; Spotlight on Abenomics

By News Desk

Weakest rise in service sector activity in nine months Services employment and new orders broadly stagnate Ninth successive month of higher input prices in the service sector Summary The latest data for Japanese service providers indicated that the expansion evident in previous surveys continued in July, but the pace slowed. Business activity increased only marginally, whilst new business and employment stagnated, in each case ending eight-month sequences of growth. The headline seasonally adjusted Business Activity Index fell in July to 50.6 from 52.1 in June

August 5, 2013 0

Bernanke Wants 2% Inflation in a Deflationary World; Who Pays the Price?

By News Desk

PEW Social Trends research shows a Record 21.6 Million Young Adults Live in Their Parents’ Home Here are some clips from the fascinating PEW study. In 2012, 36% of the nation’s young adults ages 18 to 31 the so-called Millennial generation—were living in their parents’ home, according to a new Pew Research Center analysis of U.S

August 4, 2013 0

Climate Zork II

By News Desk

Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional.