Investment and other financial matters

Archive for February, 2011

Re: Govt action on financial crisis 'spot on'

Green Lantern wrote:
> bringyagrogalong wrote:
>> Business leaders laud Kevin Rudd’s handling of the financial crisis:

>> Australian Industry Group chief executive Heather Ridout said Mr Rudd
>> had displayed the necessary leadership amid what was essentially a
>> global recession, and she is pleased the Government has not been
>> sidetracked from its long-term goal of increased productivity.

Contrast that with Malcolm Merchantbanker.. all over the shop;

"We give bi-partisan support to these necessary measures.."

  " ..  we are critical of these measures…."

"…we would have done them earlier…"    B^D

>> "Further, there’s very strong support for the Government’s actions
>> [this week].

>> "We regard them as necessary, timely, and pretty well spot-on the
>> money, because supporting the consumer is seen as a particularly
>> important issue given the way that market conditions are evolving."

The tax cuts, payments for pensioners, and all the support
for spending will keep the economy ticking in the short term,
and in the the longer term there will be investment in
infrastructure to grow the economy.

All Howard an Costello could manage IN A BOOM, was a tax that goes
up automatically with inflation, and gambling the Fucked Future
Fuckup Fund on the Stock Market, where all your super is taking a hit!  B^p

>> Mr Rudd’s reassuring promise that Australia will pull through the
>> economic crisis has delivered a much-needed injection of hope, other
>> business leaders say.

>> Mr Rudd credited Australia’s resilience against the crisis to "staying
>> ahead of the curve" in the Government’s May Budget.

>> Business leaders said they were reassured after today’s talks, with
>> many describing the mood in the room as hopeful.

>> "I think that was the general feeling in the whole room," Konica
>> Minolta’s general manager Dr David Cooke said.

>> "Irrespective of what side of politics people were on, I felt there
>> was a real sense of pulling together from everybody.

Outstanding Leadership … a Crisis!

>> "His whole message was stay ahead of the curve, make sure that you’re
>> not trying to catch up to what the situation is but anticipate the
>> situation – and I think that’s exactly what he’s doing."



Rudyard Kipling

If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;

If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise:

If you can dream – and not make dreams your master;
If you can think – and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;

If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to broken,
And stoop and build ‘em up with wornout tools:

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;

If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: ‘Hold on!’

If you can talk with crowds and keep your virtue,
Or walk with kings – nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;

If you can fill the unforgiving minute
With sixty seconds’ worth of distance run –
Yours is the Earth and everything that’s in it,
And – which is more – you’ll be a Man my son!

   Or you could be Green Limpdick whose only
   achievement in Life is being a (nearly)
   silent Elevator farter…

> Pfffftttt

Aw diddums,  is the poor sad little tory tool upset that
the business community, like everyone else in the country,
thinks Rudd is doing an outstanding job in conditions FAR WORSE,
that Howard or Costello ever did.. DURING THE LONGEST RESOURCE
BOOM in post war history!!


         "Ohhhhh Say can you see
               By the dawns early light
          The markets in panic
              and Republicans take flight! "


    "The Fundamentals of our Economy remain Strong"  - John McSame,
   Republican Candidate for the Presidency of the Derivative Ravaged,
   Crisis torn, Economic Basket Case, The USSA!


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Make your Life Tension Free

Make Handsome Money & enjoy Rest of Life

For more information Please Visit:

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Why the surprise?

It topped out over a year ago – made a lower high 6 months ago.
How much more warning do you want?

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ANVH Green up big 50%

UP 50% yesterday ANVH.PK
volume over 3.7 million
OS unchanged as of yesterday!!!!!!!!!

green today so far volume over a million!

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The Global Warming Cycle Is Now Over

Implications Of PDO, NAO, Glacial Fluctuations, And Sun Spot Cycles For
Global Climate In The Coming Decades

QUOTE: The IPCC prediction of global temperatures 1° F warmer by 2011
and 2° F by 2038 stand little chance of being correct.

In a Geological Society of America abstract, Dr. Don Easterbrook,
Professor of Geology at Western Washington University, presents data
showing that the global warming cycle from 1977 to 1998 is now over and
we have entered into a new global cooling period that should last for
the next three decades.

He also suggests that since the IPCC climate models are now so far off
from what is actually happening that their projections for both this
decade and century must be considered highly unreliable.

The Pacific Ocean has a warm temperature mode and a cool temperature
mode and in the past century has switched back forth between these two
modes every 25-30 years (known as the Pacific Decadal Oscillation or
PDO). In 1977 the Pacific abruptly shifted from its cool mode (where it
had been since about 1945) into its warm mode, and this initiated global
warming from 1977 to 1998. The correlation between the PDO and global
climate is well established.

The announcement by NASA’s Jet Propulsion Laboratory that the Pacific
Decadal Oscillation (PDO) had shifted to its cool phase is right on
schedule as predicted by past climate and PDO changes (Easterbrook,
2001, 2006, 2007). The PDO typically lasts 25-30 years and assures North
America of cool, wetter climates during its cool phases and warmer,
drier climates during its warm phases. The establishment of the cool
PDO, together with similar cooling of the North Atlantic Oscillation
(NAO), virtually assures several decades of global cooling and the end
of the past 30-year warm phase. It also means that the IPCC predictions
of catastrophic global warming this century were highly inaccurate.

Switch of PDO cool mode to warm mode in 1977 initiated several decades
of global warming. The PDO has now switched from its warm mode (where it
had been since 1977) into its cool mode. As shown on the graph above,
each time this had happened in the past century, global temperature has
followed. The upper map shows cool ocean temperatures in blue (note the
North American west coast). The lower diagram shows how the PDO has
switched back and forth from warm to cool modes in the past century,
each time causing global temperature to follow. Projection of the past
pattern (right end of graph) assures 30 yrs of global cooling

Comparisons of historic global climate warming and cooling over the past
century with PDO and NAO oscillations, glacial fluctuations, and sun
spot activity show strong correlations and provide a solid data base for
future climate change projections.

As shown by the historic pattern of PDOs over the past century and by
corresponding global warming and cooling, the pattern is part of ongoing
warm/cool cycles that last 25-30 years.

The global cooling phase from 1880 to 1910, characterized by advance of
glaciers worldwide, was followed by a shift to the warm-phase PDO for 30
years, global warming and rapid glacier recession.

The cool-phase PDO returned in ~1945 accompanied by global cooling and
glacial advance for 30 years.

Shift to the warm-phase PDO in 1977 initiated global warming and
recession of glaciers that persisted until 1998.

Recent establishment of the PDO cool phase appeared right on target and
assuming that its effect will be similar to past history, global
climates can be expected to cool over the next 25-30 years.

The IPCC prediction of global temperatures 1° F warmer by 2011 and 2° F
by 2038 stand little chance of being correct.

The global warming of this century is exactly in phase with the normal
climatic pattern of cyclic warming and cooling and we have now switched
from a warm phase to a cool phase right at the predicted time (see graph

Warmest Regards


"America in Longest Warm Spell Since 1776; Temperature Line Records a
25-year Rise" New York Times, March 27, 1933

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Leading Climate Scientists Don't Really Believe Their Climate Theory

Leading Climate Scientists Don’t Really Believe Their Climate Theory
(Part 1)

October 9 2008

Belief in the truth of a theory is inversely proportional to the
precision of the science.  At least that is what someone called Harris
once said.

Modern climate science theory seems to be a case in point with imprecise
extrapolation from often poorly understood variables to what have become
generally accepted General Circulation Models which many scientists
claim can predict future climate.

But do the leading climate scientists, in particular the United Nation’s
IPCC scientists, really believe in this theory?

Not really.

As their last big report was being assembled, The Fourth Assessment
Report published in 2007, lead authors who asked what they really
thought by way of a questionnaire.

Climate scientist Ann Henderson-Sellers then pulled together these
responses for a workshop held in Sydney in October 2007.

Following are some of the responses from the climate scientists which
fall into the category of ‘Serious inadequacies in climate change
prediction that are of real concern’:

"The rush to emphasize regional climate does not have a scientifically
sound basis.

"Prioritize the models so that weaker ones do not confuse/dilute the

"Until and unless major oscillations in the Earth System (El
Nino-Southern Oscillation (ENSO), Pacific Decadal Oscillation (PDO),
North Atlantic Oscillation (NAO) and Atlantic Multidecadal Oscillation
(AMO) etc.) can be predicted to the extent that they are predictable,
regional climate is not a well defined problem. It may never be. If that
is the case then we should say so. It is not just the forecast but the
confidence and uncertainty that are just as much a key.

"Climate models need to be exercised for weather prediction; there are
necessary but not sufficient things that can best be tested in this
framework, which is just beginning to be exploited.

"Energy budget is really worrisome; we should have had 20 years of ERBE
[Earth Radiation Budget Experiment] type data by now- this would have
told us about cloud feedback and climate sensitivity. I’m worried that
we’ll never have a reliable long-term measurement. This combined with
accurate ocean heat uptake data would really help constrain the
big-picture climate change outcome, and then we can work on the details.

"Analyse the response of models to a single transient 20th century
forcing construction. The factors leading to the spread in the responses
of models over the 20th century can then be better ascertained, with
forcing separated out thus from the mix of the uncertainty factors. The
Fourth Assessment Report missed doing this owing essentially to the
timelines that were arranged.

"Adding complexity to models, when some basic elements are not working
right (e.g. the hydrological cycle) is not sound science. A hierarchy of
models can help in this regard."

So here, in the words of leading climate scientists who are part of the
so-called consensus, we have recognition that there are some major
problems with the climate theory on which many of the world’s
governments, including the Australian government, are making major
interventions into our lives and our economies.

Interestingly the issues raised by the IPCC scientists are similar to
those often discussed at this blog, including the issue of cloud
feedback and climate sensitivity.  There have been recent major
breakthroughs in this area by Dr Roy Spencer a so-called climate change
skeptic who’s research findings, if incorporated into the climate theory
of the IPCC, could significantly improve it and also perhaps go some way
to helping develop a more scientifically sound basis for regional

Roy Spencer’s website with links to his key published scientific papers
is here:

Warmest Regards


: "They don’t tell you, that, in their computer models, it’s assumed
that CO2 drives global warming. In other words, you assume the result
and say the computer model proves we were right. It’s garbage in,
garbage out. If you don’t program the computers to cause temperatures to
rise with CO2, then you have nothing." Dr. Don J. Easterbrook, Professor
Emeritus Geology, Western Washington University

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Sunspot-Hurricane Link Proposed

Research hints that solar cycle affects cyclone intensity.

October 8 2008

This newsletter from Nature magazine suggests that the sun does have a
noticeable effect on temperature and indirect on hurricane activity.
AND…. the good news, it is published in a real PEER reviewed Journal

From Nature.Com

Sunspot-hurricane link proposed

Jeff Tollefson

Controversial research hints that solar cycle affects cyclone intensity.

A new study suggests that more sunspots mean less intense hurricanes on
Earth. But many hurricane experts are cool on the idea. James Elsner, a
climatologist at Florida State University in Tallahassee, has analyzed
hurricane data going back more than a century.

He says he has identified a 10- to 12-year cycle in hurricane records
that corresponds to the solar cycle, in which the Sun’s magnetic
activity rises and falls.

The idea is that increased solar activity – associated with sunspots –
means more ultraviolet radiation reaching the Earth’s upper atmosphere.
That warms the airs aloft and decreases the temperature differential
between high and low elevations that otherwise would fuel hurricanes.

This is only an extract from the original article, please click the
following link to go to the original source document

Warmest Regards


"One thing lefties cannot abide is any hint of Christian religion. New
Age yes, Muslim yes, vague yoga-nistics sure, Mother Earth and soaring
hawks as spiritual messengers absolutely, but Christianity? Not a
chance." Anon

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Middle Class Greenery Only "Ski" Deep

24 September 2008

QUOTE: "You can fool some of the people all of the time, and all of the
people some of the time, but you can not fool all of the people all of
the time."

In his Labour Party Conference speech yesterday in Manchester, Gordon
Brown, the British Prime Minister, was minded to raise his target of 60%
for cutting carbon emissions by 2050 to 80% – "And I am asking the
climate change committee to report by October on the case for, by 2050
not a 60% reduction in our carbon emissions, but an 80% cut." This
really is the very worst of political hot air, and I am afraid it is
difficult to take seriously such blather, especially in the light of two
highly-revealing surveys reported today.

The Beastly Bourgeois

First, a study carried out at Exeter University has exposed the
mind-numbing depths of middle-class hypocrisy over ‘global warming’, of
the very people who pontificate daily to the rest of us about carbon
footprints and eco-lifestyles. Middle-class ‘greenery’, it seems, is
only ski deep [‘Green idealists fail to make grade, says study’, The
Guardian, September 24]:

"Stewart Barr, of Exeter University, who led the research, said: ‘Green
living is largely something of a myth. There is this middle class
environmentalism where being green is part of the desired image. But
another part of the desired image is to fly off skiing twice a year’ …
‘Some people even said they deserved such flights as a reward for their
green efforts’, he added."

A classic reply to the survey went as follows: "Questioned on their
heavy use of flying, one respondent said: ‘I recycle 100% of what I can,
there’s not one piece of paper goes in my bin, so that makes me feel
less guilty about flying as much as I do."

Don’t you just love it! In the (also hypocritical) words of D.H.

"How beastly the bourgeois is!

Standing in their thousands, these appearances, in damp England

what a pity they can’t all be kicked over

like sickening toadstools, and left to melt back, swiftly

into the soil of England."

And nobody captured the beastly bourgeois better than Georg Grosz,
granted in his case in 1920s’ Berlin. Is Guardianista London any

Unsurprisingly, Barr concludes:

"The findings indicate that even those people who appear to be very
committed to environmental action find it difficult to transfer these
behaviours into more problematic contexts."

What a splendid piece of ‘academese’!

But Public Not Fooled

All this is then beautifully supported by the results of a new opinion
poll carried out by Opinium [‘British public "unwilling" to pay for
climate change costs’, The Guardian, September 24]:

"… seven out of 10 of the nearly 2,000 people questioned said they
were unwilling to pay higher taxes to combat environmental issues, and a
similar number believed the green agenda had been ‘hijacked’ to increase

Gordon, you are talking absolute recycled rubbish. You claim "you can
call spirits from the vasty deep." "Why, so can I, or so can any man;
But will they come when you do call for them?"

I think not. And, in those immortal words attributed to Abraham Lincoln:

"You can fool some of the people all of the time, and all of the people
some of the time, but you can not fool all of the people all of the

80%! Your ‘global warming’ rhetoric has become worse than that of David
Cameron and Nick Clegg. It really is that bad:

"Anything you can do,

I can do better.

I can do anything

Better than you."

No, you can’t. Not one of you!

The Guardianistas must be weeping into their lattes, poor things.

Warmest Regards


".it should not be surprising to see hordes of former Reds, or of those
who otherwise would have become Reds, turning from Marxism and becoming
the Greens of the ecology movement. It is the same fundamental
philosophy in a different guise, ready as ever to wage war on the
freedom and well-being of the individual." Dr. George Reisman’s book

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Global Warming Has Stopped

Syun-Ichi Akasofu, Community Perspective

September 27, 2008

We still need to study nature’s contribution to trend

Recent studies by the Hadley Climate Research Center (UK), the Japan
Meteorological Agency, the National Oceanic and Atmospheric
Administration, the University of East Anglia (UK) and the University of
Alabama Huntsville show clearly that the rising trend of global average
temperature stopped in 2000-2001. Further, NASA data shows that warming
in the southern hemisphere has stopped, and that ocean temperatures also
have stopped rising.

The global average temperature had been rising until about 2000-2001.
The International Panel for Climate Change (IPCC) and many scientists
hypothesize rising temperatures were mostly caused by the greenhouse
effect of carbon dioxide (CO2), and they predicted further temperature
increases after 2000. It was natural to assume that CO2 was responsible
for the rise, because CO2 molecules in the atmosphere tend to reflect
back the infrared radiation to the ground, preventing cooling (the
greenhouse effect) and also because CO2 concentrations have been rapidly
increasing since 1946.

But, this hypothesis on the cause of global warming is just one of

Unfortunately, many scientists appear to forget that weather and climate
also are controlled by nature, as we witness weather changes every day
and climate changes in longer terms. During the last several years, I
have suggested that it is important to identify the natural effects and
subtract them from the temperature changes. Only then can we be sure of
the man-made contributions. This suggestion brought me the dubious honor
of being designated "Alaska’s most famous climate change skeptic."

The stopping of the rise in global average temperature after 2000-2001
indicates that the hypothesis and prediction made by the IPCC need
serious revision. I have been suggesting during the last several years
that there are at least two natural components that cause long-term
climate changes.

The first is the recovery (namely, warming) from the Little Ice Age,
which occured approximately 1800-1850. The other is what we call the
multi-decadal oscillation. In the recent past, this component had a
positive gradient (warming) from 1910 to 1940, a negative gradient
(cooling – many Fairbanksans remember the very cold winters in the
1960s) from 1940 to 1975, and then again a positive gradient (warming –
many Fairbanksans have enjoyed the comfortable winters of the last few
decades or so) from 1975 to about 2000. The multi-decadal oscillation
peaked around 2000, and a negative trend began at that time.

The second component has a large amplitude and can overwhelm the first,
and I believe that this is the reason for the stopping of the
temperature rise. Since CO2 has only a positive effect, the new trend
indicates that natural changes are greater than the CO2 effect, as I
have stated during the last several years.

Future changes in global temperature depend on the combination of both
the recovery from the Little Ice Age (positive) and the multi-decadal
oscillation (both positive and negative). We have an urgent need to
learn more about these natural changes to aid us in predicting future

Syun-Ichi Akasofu is a former director of the Geophysical Institute and
the International Arctic Research Center, both on the campus of the
University of Alaska Fairbanks

Warmest Regards


"In scientific circles, C02 is referred to as a `trace gas’ that, for
hundreds of thousands of years, has remained at or below five
ten-thousandths of the atmosphere by volume.  Even among the so-called
`greenhouse gases’ (GHG), C02 accounts for less than 4%, with water
vapour being by far the most significant GHG.  C02 is clearly a
miniscule component of the massive mechanisms that create climate and
cause climate change."
Dr. Timothy Ball, Chairman of the Natural Resources Stewardship Project
(, Former Professor Of Climatology, University of Winnipeg

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Re: Palin's double-speak on AGW cause & action

"Enough Already" <enough_alre…> wrote in message…
Couric: What’s your position on global warming? Do you believe it’s
man-made or not?
Palin: Well, we’re the only Arctic state, of course, Alaska. So we
feel the impacts more than any other state, up there with the changes
in climates. And certainly, it is apparent. We have erosion issues.
And we have melting sea ice, of course. So, what I’ve done up there is
form a sub-cabinet to focus solely on climate change. Understanding
that it is real. And …
Couric: Is it man-made, though in your view?
Palin: You know there are – there are man’s activities that can be
contributed to the issues that we’re dealing with now, these impacts.
I’m not going to solely blame all of man’s activities on changes in
climate. Because the world’s weather patterns are cyclical. And over
history we have seen change there. But kind of doesn’t matter at this
point, as we debate what caused it. The point is: it’s real; we need
to do something about it.
[end quote]
For crying out loud, lady, how can WE "do something about it" if the
Sun (or the latest anti-knowledge excuse of the month) is the main

Er, I think she means maybe adapt to it!
It’s obviously cyclical and not anthropogenic, so that’s all we can do.

Makes sense to me!

Warmest Regards


“… researchers at the Max Planck Institute for Solar Research in Germany
report the sun has been burning more brightly over the last 60 years,
accounting for the 1 degree Celsius increase in Earth’s temperature over
the last 100 years.”

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