March 6, 2013 0

Eurozone Downturn Accelerates Despite German Growth; Divergence to France Widest in 15 Years

By News Desk

The Markit Eurozone Composite PMI Final Data shows the Eurozone downturn accelerates . Key Points: Final Eurozone Composite Output Index: 47.9 (Flash 47.3, January 48.6) Final Eurozone Services Business Activity Index: 47.9 (Flash 47.3, January 48.6) At 47.9 in February, the Markit Eurozone PMI® Composite Output Index came in above the earlier flash estimate of 47.3 but remained down on January’s reading of 48.6. The index therefore signalled a steepening of the downturn in business activity, contrasting with the easing trend which had been evident in the three months to January

March 6, 2013 0

The expert exception to consensus reliance

By News Desk

I’ve really enjoyed Chris Mooney’s Point of Inquiry podcasts, so it’s too bad the latest one with pro-GMO activist Mark Lynas failed to wrestle significantly with real arguments about GMOs  (Chris, you talk about GMOs too much to say you don’t want to delve into technical issues). One interesting issue did come out of the podcast – at one point Lynas says the Union of Concerned Scientists’ rejection of the National Academy of Sciences position on GMOs is a contradiction of UCS arguments that we should rely on the consensus opinion on climate change

March 6, 2013 0

US Plots Conquest of Venezuela in Wake of Chavez’ Death

By News Desk

March 6, 2013 (LD) – US corporate-financier funded think-tank, the American Enterprise Institute (AEI), declared in its ” post-Chávez checklist for US policymakers ,” that the US must move quickly to reorganize Venezuela according to US interests. Upon its checklist were “key demands”: The ouster of narco-kingpins who now hold senior posts in government The respect for a constitutional succession The adoption of meaningful electoral reforms to ensure a fair campaign environment and a transparent vote count in expected presidential elections; and The dismantling of Iranian and Hezbollah networks in Venezuela In reality, AEI is talking about dismantling entirely the obstacles that have prevented the US and the corporate-financier interests that direct it, from installing a client regime and extracting entirely Venezuela’s wealth while obstructing, even dismantling the progress and geopolitical influence achieved by the late President Hugo Chavez throughout South America and beyond. The AEI “checklist” continues by stating: Now is the time for US diplomats to begin a quiet dialogue with key regional powers to explain the high cost of Chávez’s criminal regime, including the impact of chavista complicity with narcotraffickers who sow mayhem in Colombia, Central America, and Mexico.

March 5, 2013 0

Your Sequestration

By News Desk

Tuesday, March 05, 2013 Posted by EliRabett Rabett Run Subscribe Rabett Run Posts Posts Comments Comments Contributors 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

March 5, 2013 0

Boom Boom (Not Geoffrion)

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

March 4, 2013 0

The Fatter the Cat, the Louder the Howl

By News Desk

Bloomberg reports Swiss Voters Approve Limits on ‘Fat Cat’ Executive Pay Swiss voters approved some of the world’s toughest limits on executives’ pay in a referendum, a move critics say could make Switzerland less attractive to multinational corporations. The initiative against “fat cats,” proposed by Thomas Minder, head of a herbal toothpaste company, was backed by 67.9 percent of the voters today, the government said on its website today. The proposal gives shareholders an annual ballot on managers’ pay

March 4, 2013 0

Another way to look at it: China and India committed to permanent greehouse gas advantage for the US (and Marco Rubio is lying)

By News Desk

News recently announced that China plans to enact a carbon tax , along with its longstanding commitment to never match US per-capita emission rates, and India’s greater commitment to never match OECD rates , all suggest a need to look at emissions a different way. What matters is total emissions over the modern time period from the recent past until several generations (at least) into the future