Manufacturing climate nightmares: misusing science to create horrific predictions

Climate nightmares

Summary: Scientists and journalists bombard us with news about the coming climate catastrophe, described as certain unless we drastically change our economy. This has plunged many into despair. The hidden key to these forecasts is RCP8.5, the worst case scenario of the IPCC's Fifth Assessment Report -- often erroneously described as the "business as usual" … Continue reading Manufacturing climate nightmares: misusing science to create horrific predictions

Corporate profits are the market’s foundation, shaping a new America

Summary: Corporate profits have rising to an amazingly large share of our national income, powering the stock market while GDP and household income lag far behind. This has played a large role in shaping the New America of the 21st C. What caused this rise? What might reverse it? See my column at Wolf Street … Continue reading Corporate profits are the market’s foundation, shaping a new America

DoD is flush with cash, but running empty of ideas

Summary: While taxes remain low for the rich and our key social and physical infrastructure decays, a few parts of the government thrive. Today Chuck Spinney, one of our most acute observers of the US military, describes how the latest deal made by Congress continues the lavish funding of the US military-industrial complex. Something to … Continue reading DoD is flush with cash, but running empty of ideas

Assigning blame for the flooding of Pacific atolls

Summary: Polar bears and pacific atolls (flooded by rising seas) are the poster children for climate change. Oddly, both are weak examples. Previous posts discussed polar bears. Here Judith Curry (Prof Atmospheric Science, GA Inst Tech) discusses the effect of rising sea levels on coral atolls. Kiribati crisis: the blame game Small atoll islands may … Continue reading Assigning blame for the flooding of Pacific atolls

Stratfor: Why Germany Cannot Stop the Flow of Migrants

Summary: Europe's people thought that the economic crisis that began with Greece in 2010, quickly spreading, was their test of the decade. They're slowly realizing that the flood of migrants, especially from the Middle East, poses a far larger and more profound threat -- disrupting not just the European Union, but also to the politics … Continue reading Stratfor: Why Germany Cannot Stop the Flow of Migrants