Bush Gives In.

President Bush announced he will “not shirk his responsibilities in the fight against climate change.” and the United States will “serious consider any treaty to fight climate change.” This is a huge setback, if even the United States is giving in to scaremongers such as Al Gore and high-powered special interest groups such as the Union of Concerned Scientists then we can kiss one trillion, one hundred billion dollars goodbye. (This is the estimated yearly cost of McCain-Feingold climate legislation, a far more sane bill then the one hyped by democrats and the U.N.)
Hopefully, the new treaty not have the flaws of Kyoto. Sadly, it probably will take the many problems with the Kyoto Protocol, and make more problems, and make the existing ones worse. The first problem is that Kyoto creates a bubble that lumps all of Europe together and allows them to all take credit for advances made by England. (These advances have nothing to do with Kyoto, but have everything to do with Margaret Thatcher’s attempts to not be dependant on coal miners, which frequently struck during her tenure.) Outside of England, Europe has increased its GHGs (greenhouse gas emissions) by 27% since they ratified the Kyoto Protocol. This is never reported, instead American news programs focus on the failure of president Bush to sign the Kyoto Protocol.
In fact, for all the agonizing over Bush’s rejection of the Kyoto Protocol, you would think it could actually do something to combat climate change, but even the environmental versions of chicken-little (Al Gore and his cronies,) agree that Kyoto cannot slow climate change by more than 0.015%. In a public statement, the Union of Concerned Scientists (think Al Gore with degrees) have said “the Kyoto Protocol is really about symbolism, it’s a first step to combat climate change. Perhaps once this succeeds, and the deniers are silenced, we can begin meaningful action.” Symbolism does nothing but drain economies, and give Europe and the Democrats another reason to bash Bush.
To get back to the “new treaty” that our president has vowed to “seriously consider.” I hope this is simply political maneuvering and that Bush hasn’t given in the scaremongers and alarmists. The last thing America needs to sign any treaty that will cripple our economy and force us to pay huge penalties if we cannot meet nigh-impossible standards.

(The full article can be found at this link http://uk.reuters.com/article/latestCrisis/idUKN3023796820070930)

Friday Stock Picks

For the eight people reading this blog, here are some stocks you might consider buying.

ADR-China Life Insurance Company- Trading at $86.22

Why ADR is a good stock: This is the biggest life insurance company in the world's most populated nation. It's buying out other Asian life insurance companies, and has had 60% growth since January and the end isn't in sight.

GG-Goldcorp Inc.- Trading at $30.56

Why GG is a good stock: With the housing market failing, many investors may be looking for a solid commondy. Gold is a solid commondy, these guys find gold and these guys will soon find more profits and a higher stock price.

WMT- Wal-Mart Stores Inc.- Trading at $43.65

Why WMT is a good stock: Two reasons, one is that you can't swing a stick without hitting a Wal-Mart bigger than most malls. The second is that Wal-Mart has launched a new PR campagin and expanded their pharmacidical department. Short-term growth will start soon.

BBT-BB and T Corporation- Trading at $40.39

Why BBT is a good stock: BBT has been going downhill. They've fallen 8% this year. However, they've bought Collateral Real Estate, Coastal Financial Services, and O. Smith Inc. These buyouts will work and the price will go up.

Now for stocks that should be sold.

UA- Under Armour Inc.- Trading at $59.82

Why UA is not a good stock: UBS downgraded their potential earnings for a reason, because Under Armour isn't doing well. CEO Kevin Blank is lying and sleazing his way around failure but is going to crash and burn, and when he does UA is going down ten or twelve points with him.

XOMA- XOMA Limited- Trading at $3.41

WHY XOMA is not a good stock (besides their stupid name): Professional (real) anyalists are all pumped up because XOMA's has been offered $30 million for something called a BCE. (I have no idea what this is.) Everyone may love XOMA, but I don't, they've flucuated like crazy and won't sustain any growth from this deal.

Legal Disclaimer: If you are buying stocks simply based on the recommendations of a blogger you don't know, you're an idiot and shouldn't be buying stocks. Buying any stock is a financial risk and you should consult with other members of your family, and a financial advisor before making any purchases. If you don't, you may lose money and get divorsed. I own many of the stocks I say are good, that's why I bought them. If you buy them I will make money because the price will rise, I think you'll make money too.

Nuke-a-manic Given Platform, Not Indictment.

The wacko whose name you can't pronounce just finished speaking at Columbia University. For the reader who is an idiot and doesn't know who I'm talking about, it's Mahmoud "Nuke-a-manic" Ahmadinejad, the man who says the Holocaust never happened.

This is very good. By allowing Ahmadinejad to speak, Columbia is preventing him from going on the Al-Queda propaganda channel (Al-Jazeera) and ranting about the evil America which wouldn't let him engage in free speech. If Columbia recinded Ahmandinejad's invitation to speak, they would create a marytr.

Hopefully, Ahmadinejad will be blasted by Columbia University students on issues such as Holocaust denial, his support of Hamas, Hezbollah, etc. and his dream to "wipe Israel off the map." Sadly, this grilling probably will not occur, instead Ahmadinejad will be allowed to rant about our President, who he (and MoveOn.org) has referred to as "the Devil." Columbia University will screen Ahmadinejad's questions to ensure he doesn't have to answer the really hard ones, and that is a real supression of free speech.

Climate Change: 21st Century Eugenics

Imagine that there is a new scientific theory that warns of an impending crisis, and points to a way out. This theory quickly draws support from leading scientists, politicians and celebrities around the world. Research is funded by distinguished philanthropies, and carried out at prestigious universities. The crisis is reported frequently in the media. The science is taught in college and high school classrooms.

I don't mean global warming. I'm talking about another theory, which rose to prominence a century ago. Its supporters included Theodore Roosevelt, Woodrow Wilson, and Winston Churchill. It was approved by Supreme Court justices Oliver Wendell Holmes and Louis Brandeis, who ruled in its favor. The famous names who supported it included Alexander Graham Bell, inventor of the telephone; botanist Luther Burbank; Leland Stanford, founder of Stanford University; the novelist H. G. Wells; the playwright George Bernard Shaw; and hundreds of others. Nobel Prize winners gave support. Research was backed by the Carnegie and Rockefeller Foundations. The Cold Springs Harbor Institute was built to carry out this research, but important work was also done at Harvard, Yale, Princeton, Stanford and Johns Hopkins. Legislation to address the crisis was passed in states from New York to California.


These efforts had the support of the National Academy of Sciences, the American Medical Association, and the National Research Council. It was said that if Jesus were alive, he would have supported this effort. All in all, the research, legislation and molding of public opinion surrounding the theory went on for almost half a century. Those who opposed the theory were shouted down and called Neanderthals, stupid, and immature.

That theory was eugenics. The theory of eugenics postulated a crisis of the gene pool leading to the deterioration of the human race. The best human beings were not breeding as rapidly as the inferior ones --- the foreigners, immigrants, Jews, degenerates, the unfit, and the "feeble minded." This idea was adopted by science-minded Americans, as well as those who had no interest in science but who were worried about the “dangerous human pests” who represented “the rising tide of imbeciles” and who were polluting the best of the human race. The eugenicists needed to put a stop to this. The plan was to identify individuals who were feeble-minded (Jews, foreigners, people with low IQ’s, and people with physical defects) and stop them from breeding by isolation in institutions or by sterilization.

Today we have such a theory and that theory is manmade climate change- do not let America repeat history’s mistakes.

Farm Subsidies, the Excercise in Stupidty

As you read this, $171 billion is being spent on farm subsidies by the federal government. The logic behind farm subsidies goes like this "Agriculture is a vital part of America, it has been so since the founding of our nation, and must be protected." (This is a quote from Chuck Scheumer, a Democrat from New York.) Whenever farm subsidies are mentioned, politicians like Chuck Scheumer are quick to trot out the Americana image of the family farm, with its farmers at the mercy of unpredictable crop prices. However, most of the money from subsidies does not go to the family farm, instead it goes to gigantic agribusinesses and people who don't farm. That's right, farm subsidies are going to people who have never farmed a day in their life. People like Ken Lay, who has gotten $22,486 a year. The John Hancock Mutual Life Insurance Company gets $134,318 a year, I may be wrong but life insurance has nothing to do with farming.

The top ten percent of farms get 73 percent of the $171 billion handed out each year by Uncle Sam. What do agribusinesses do with their "welfare" checks? They buy the family farm the Chuck Scheumer and Co. drool over, these acquisitions give the agribusiness more subsides which they use to buy more family farms. This consolidation isn't harmful on its own, and may even be helpful, since agribusinesses can produce crops at a lower rate then smaller farms, but it should not be funded by the American government.