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Cyprus was such a "success", EU to push for losses on big savers at failed banks . The European Parliament will demand that big savers take losses if their banks run into trouble, a senior lawmaker told Reuters, adding momentum to a policy unveiled as part of a Cypriot bailout
More: Another Reason to Subscribe to Rabett Run
Read the original post: Federal Spending Per Non-Government Worker
See original article: Slovenia Under Pressure; Risk of Next Cyprus Already at Hand
Bad Bank Losses 30-90%; Food Supplies Down to Two Days; Plenty of Fuel, Not enough Cash Capital controls and a good-bank, bad-bank structure is what is now on the table.
New Demands Every Half-Hour From IMF; Can Cyprus Be Saved? Impossible Math Cypriot President Nicos Anastasiades was picked up by private Jet and is now meeting with the cardinals in Brussels (IMF, EU finance ministers, ECB, Various Government leaders) according to Cyprus Mail .
Ridley doesn’t look very good, and his escape attempts don’t work . Anyway, I want to play: Lindzen is from his 2004 prediction that temps were as likely to go down as up in 20 years, and his offer to bet over that prediction that he ran away from as fast as his denialist legs could take him (by insisting on unscientific odds in his favor).
Image: Aung San Suu Kyi’s “Saffron Monks” are committing genocide in Myanmar.
The Egg Was First, No, the Chicken, No Never Mind An evergreen in Eli’s business is which came first exiting the ice age, the temperature or the greenhouse gas concentrations. Since the forcing is orbital changes, it is reasonable to expect at least some initial lag in the greenhouse gas and that includes water vapor, but the length of this lag has been an issue ever since Monnin, et al’s analysis of the EPICA Dome C core inferred a lag of 800 + 200 years. This has become an evergreen amongst the less serious, and indeed, there has even been considerable discussion by reasonable folk . Jeff Severinghaus provided an answer So one should not claim that greenhouse gases are the major cause of the ice ages. No credible scientist has argued that position (even though Al Gore implied as much in his movie)
Continue Reading: Regrets Pour In; Cyprus Parliament Passes Bailout Plan; Will Her Highness Approve?