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March 20, 2013 0

EU Blinks Already? Staged Vote? Cyprus Finance Minister Proposes Deal with Russia; Will That Fly?

By News Desk

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.

March 19, 2013 0

Laughable Hypocrisy from the Thick Book of EU Lies and Hypocritical Statements

By News Desk

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

March 19, 2013 0

The Wheelchair

By News Desk

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. 

March 18, 2013 0

Merkel Says "Cyprus is a Special Case" (So was Greece); Is Spain the Next "Special Case"? Portugal? Merkel Guarantees German…

By News Desk

The pertinent question for today is “How many lies will people believe?” I ask that because a German government spokesman says The compulsory levy to pay the depositors in Cyprus, was a special case as Merkel guarantees German deposits for the first time since 2008. The compulsory levy to pay the depositors in Cyprus, is a “special case”, says the Chancellor.

March 17, 2013 0

Happy Birthday Nat

By News Desk

Sunday, March 17, 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. His colleagues are smart, but they have a curious inability to see the holes that they dig for themselves.