‘Expect global cooling for the next 2-3 decades that will be far more damaging than global warming would have been’
By Marc Morano
A prominent U.S. geologist is urging the world to forget about global warming because global cooling has already begun.
Geologist Dr. Don Easterbrook’s warning came in the form of a new scientific paper he presented to the 4th International Conference on Climate Change in Chicago on May 16, 2010. Dr. Easterbrook is an Emeritus Professor at Western Washington University who has authored eight books and 150 journal publications. Easterbrook’s full resume is here.
Dr. Easterbrook joins many other scientists, peer-reviewed research and scientific societies warning of a coming global cooling. Easterbrook is presenting his findings alongside other man-made global warming skeptics at the three day conference in Chicago.
OK, I distinctly remember this very same language coming from the hippie types in the early 70s. Does this mean we get another “I want to teach the world to sing” ad from Coke?
That’s a good point, but I don’t think this time it will make the cover of Newsweek. Also, they are not saying this cooling is our fault because of pollution or anything like that. They are saying this is a natural event, which has been my belief all along as far as any warming, or cooling goes.
Reminds me of 35 years ago. As I’ve always stated, climate change is “natural” be it daily, weekly monthly, yearly. Never changes nor will it ever with or without Al Gore and his minions. Gore followers are “Lemmings” by the way. In 10/20 years it will be back to a dire “Global Warming” phase. Let’s get on with life for a change.
Wait a second, hold on a minute! You mean the world doesn’t have a fever? Someone better tell Kerry and Lieberman.
Neil, they are politicians, do they ever listen? Only when it favors them. Learned that long ago. Truth versus their agenda? Doubt it. They think we were all born yesterday. Times will be changing in 2010/2012.
Right- cuz tht’s when Paul is going to help elect “other” “better” politicians… THAT will fix everything, eh Paul?
Kind of illogical don’t you think? Don’t you think?
Paul, yes I know that. What I was saying was tounge in cheek. I think they already knew that cooling was on the way, which is why they have been saying we need to “act fast”.
Take a look at William Engdahl’s latest book, “The Gods of Money”. Wall Street, the too big to fail banks and this country’s ’60 families’ have been running this country into the ground for over a century. If you want to understand the history of the 20th century, including the two-part world war to make the world safe for American bankers and investors, read “The Gods of Money”. As presently constituted, the world’s financial and monetary systems are a FAR more deadly threat to capitalism and free markets than “communism” or socialsim. If you want to find out what kind of people are receiving the trillions for which your elected officials are putting you on the hook, read Frank Partnoy’s “F.I.A.S.C.O.”
“It would be too easy to dismiss F.I.A.S.C.O. as a total waste of the reader’s time. To its credit, the book contains some nice institutional details about the derivatives market. There is, for example, a very accessible description of options and forwards, which are the building blocks of derivatives, toward the beginning of the book (pp 30-32). But the vast bulk of F.I.A.S.C.O. is misleading or inaccurate. Partnoy does not convey any sense of the multitude of socially beneficial purposes that derivatives can provide to purchasers, and he fails to understand the strong incentives that motivate rational, survival-oriented firms like Morgan Stanley to discourage the opportunistic behavior that might give rise to the conduct F.I.A.S.C.O. maintains is endemic in the derivatives industry. Moreover, Partnoy displays a calculating lack of understanding of the environment in which he briefly worked. My guess is that he read Liar’s Poker and thought that he had found a successful formula for a best seller: an insider’s depiction of a corrupt world of rich Wall Street insiders profiting at the expense of honest and hard-working, but unsophisticated, outsiders.
There is, however, one important reason to read F.I.A.S.C.O.: it provides a window into the world of ill-informed, misleading analysis-by-way-of-anecdote that provides the predicate for much regulation. If someone wanted to regulate the derivatives market, F.I.A.S.C.O. provides the pretense of a justification. But for an honest student of derivative markets, the book’s sensationalism is only surpassed by its intellectual dishonesty. Partnoy tries very hard, for example, to create the impression that firms like Morgan Stanley are about to start peddling the sorts of complex derivative securities described in F.I.A.S.C.O. to unsuspecting members of the general public. In the closing pages, for example, Partnoy writes that Morgan Stanley, “not content to sell sophisticated financial instruments to insurance companies and state pension funds, is now seeking out even less-sophisticated investors-you, for example-by agreeing to merge with Dean Witter” (p 251). Of course only a rather careful reader who comes to this book with some advanced knowledge of the securities industry will notice that 219 pages earlier Partnoy distinguishes between the more liquid and more highly regulated derivatives that trade on organized exchanges-the kind that are available to small retail customers-and the more exotic privately negotiated over-the-counter derivatives that he is describing in this book (p 32).
Upon reading F.I.A.S.C.O., it is more clear to me why regulation is so often built on sensationalism and faulty thinking rather than on careful analysis and genuine need. It is also evident why teaching economics to policymakers is so important. Economic analysis provides the tools necessary to see through the misleading hyperbole of writers like Frank Partnoy.”
Thank you Professor Neil for your weirdly quick analysis of a book you obviously never read.
Why would I want to read that fiction?
Since when do you care about threats to Capitalism, and free markets?
Books of “Fear” makes money for the author, not the one’s that buy into their statements. Everyone wants to find a bogeyman and not look at themselves and how to help us solve problems going forward. If this is what the world is coming to, all I know is that I’m glad to have been an American where the “truth” prevailed. Unfortunately, that is not the case any longer. If people worked as hard “WORKING” instead of “Finger Pointing,” as the cause of their problem maybe we could all come to a valid solution. Until then? I guess not.
I’ve explained many many times that I am not against a well-regulated anti-monopoly capitalism, not what we call capitalism today. It is achievable, but won’t happen with the political system we have now. You guys are broken records, with no eyes or ears, with simplistic platitudes in place of true wisdom.
To dismiss a book based upon its cover says a LOT about you also.
I did not base my dismissal of the book from it’s cover. I based it upon the review I posted (and sourced), and upon the fact that you recommend it.
“The Object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane.” – Marcus Aurelius
I frequent this site for it’s interesting articles. I read comments when I have time. This is my first reply. I see your name in every comment file and your sarcasm to any and every fact that comes your way. It is very obvious that your mind is closed and in that mind, you believe, that of 7 billion people you have collected all the answers to saving the world from all of it’s climatic calamities. This earth is debateably as old as 12 BILLION years old. That would mean millions and millions of climate changes in that time. Some of huge proportions. Now you want you want us believe that in this insignifigant slice of time that we live that the earth is actually doomed by our existence and we must do something before it is too late? I laughed out loud when I followed the Copenhagen summit and that world leaders acutally believe they can legislate a 2 degree change in global temp. I get steamed up when I read about any cap and trade schemes and how that can do anything for our environment. Pure power and greed that will only make the rich richer despite any so called efforts toward our environment. The European system is already corrupt with greed. I believe in protecting our environment. I practice environmentally friendly activities. Economy is a factor in my purchase and use of energy using devices and vehicles. BUT……I do not want to pay for my neighbors electric cars…….it is not fair for you or I to pay more for electricity for less dependability when we have less expensive means that can be and ARE already very sound environmentally…….public transportation may work for you but it doesn’t for me….pay the real cost of it yourself and you may have second thoughts about it……..I could go on but you get the point.
It is not impossible for me to believe that World Organizations will begin to fine countries like Iceland for allowing such a volcano to happen…or to fine California for not directing rain on the forests to prevent the yearly fires….or to fine the city of Nashville for not diverting and dispersing the rain in more beneficial manner. That is how absolutely insane all this is.
Go ahead and drive your electric car and preach the doom to your friends if it makes you feel good and you really believe in such control.
In the end, the Lord up above, the universe, the mother earth will crush us ALL at will despite legislation or solar panels or wind farms or energy taxes or redistribution of wealth or Sierra Club lobbys or…..or……or…….
Oh, so out of ALL the people that post here I’M the only one you target for your criticism. Why is that do you think? You could criticize several others for the SAME things… so, again why me? I never said you had to pay for my electric car. What about that big tax break Bush gave people to buy the biggest gas hogs just a few years ago? Were you happy about that?
You apparently haven’t noticed that I am against Cap and Trade. It is just another give-away to rich people and big business that obviously don’t need it.
Who’s preaching doom? Just me? Really? Your last sentence makes you a hypocrite… do you know that?
Do you REALLY beleive a country will be fined for “allowing” a volcano to erupt? Really? Funny how you responded just after my non-directional post about the ranks of the insane…
I sincerely apologize for not recognizing your opposition to Cap And Trade. Kudos. That bill like others already passed in the last decade (not necessarily related to environment) are destined to destroy our country. I haven’t the time to read all the posts and surely others here deserve a little criticism. My target for you was based on that you seem not to agree with anyone that can give you facts. On any of their facts. Trying to show my support for the scam that is being propogated by our world leaders. Fining a country for a volcano may be a little far fetched but if you think about it, it is not much worse than the actual belief that we can determine and litigate and legislate a 2 degree drop in temperature by 2050. This type of thinking opens up a pandoras box for power greed and corruption. If indeed our world adopts costly policies and indeed the temp drops, it would hail a victory and a call for more of the same. If the regulations fail it will only mean a call for harder deeper regulations. The people paying the bill LOSE. There are too many factors to prove or disprove that what we did/do was/is the real reason for success or failure. So, indeed I DO believe that if we think we can legislate climate, we will also levy ridiculous fines and regulations. Volcano? let’s not rule it out. This is the insanity of which I speak. I was in school in the 70’s and recall the pictures of hazardous waste dumps and dangerously polluted rivers and smogged up cities and etc. The world is SO much better now because of people and policies. We must continue this direction and even improve as we go. But when doom mongers including our president tell me that we MUST act now (after 12 billion years) or it will be too late. And the likes of Al Gore’s ever growing pockets try and show proof of ultimate destruction of our world (after 12 billion years) that is where I must get off this lunatic fringe. What about the peer reviewed scientists showing a global cooling trend that has already started? What about the peer reviewed scientists that show lush life sustaining vegetaion in warmer times? What about the various large volcanoes across the globe that scientists say are nearing their seismic cycles. One of these could darken and cool our world climate in an instant. Why not spend our energy to relieve their stress.
Recycling-econimacal and good Reduce energy use-economical and great New and clean energy-has been on its way for decades despite FEAR
Taxes and policies to force good people to be better-POOR My very breath a pollutant-LUNACY A system of belief that we can legislate and litigate climate-INSANE
It makes me wonder how many carbon credits Iceland will have to pay for the volcano? Gore and his minions are probably rubbing their hands together if cap N trade passes. Nothing today would shock me. I’m always amazed at how ignorant people really are. Read today, that a State is claiming we are not a republic? Am I missing something?
You are missing common-sense and logic. Instead you focus on nonsense that hasn’t occurred and undoubtedly would never occur, all in the name of rousing the troops’ emotions. Unfortunately for the rest of us it works for you.
Your side does this so much it makes you comical. You guys (the Right) would be really scary and powerful if there weren’t so many of the insane among you.
Wow! Why do you always get defensive when someone presents a point of view you disagree with?
Not defensive. I just hate illogic and hypocrisy. And irrationality.
â€œNext yearâ€™s budget allocates $159,000,000,000 to â€œcontingency operations,â€ to perpetuate the occupations of Afghanistan and Iraq. That’s enough money to eliminate federal income taxes for the first $35,000 of every Americanâ€™s income each year, and beyond that, leave over $15 billion that would cut the deficit.â€
Look at the U.S. debt clock as I have stated before. You want to get a wake up call? At your age, you will never retire. Thank our President and his minions for the “extra debt” absent the war effort.
By the way “Sherwood,” I think I know you based upon your recent posts, but I’ve been proven wrong for years. thanks, we all needed that.
Sure there is “extra” debt beyond the never-ending wars. BUT THE WAS ARE VERY EXPENSIVE, THEY ARE VOLUTARY, AND IMPACTING EVERYTHING WITH THEIR COST BURDEN.
And, yes, Paul, I know you like war… very nice for you…
Did you suddenly forget that much of that debt was handed to us, to Obama, by W??!! What is it about that you don’t understand??????????????
Oh, and Sherwood, you sound soooooooo mature and even-handed. yes, thank you sooooooo much for your rambling, sometimes coherent support for the loonie toons.
Rob, you apparently don’t read and even if you do you do not decipher what “Sherwood” just stated. You are definitely set in your own mindset and will never change. Sad, actually. Make sure that you check the mailbox for those entitlement checks that will never come in the next 10 years.
Finally Rob, my father was on the road five days a week and would come home late every Friday evening. All seven of us children where there waiting to get an allowance. He always opened his coin container that he squeezed to open and he always had one dime and three pennies. When we asked for an allowance he would simply say, “All I have is thirteen cents, who will take it?” Nobody ever did. He worked hard for it and he needed it. We never took “entitlement money,” we worked for it. In reflecting back that was the best eye opener towards reality that I ever received. Man, have times ever changed. For the worst in my opinion. Hopefully my children have learned as I, that hard work no matter what you do will bring rewards over time. It is not handed to you like the 13 cents in a coin container. Think about it.
Are YOU going to take “entitlement” money? Do you now? Those are “socialist” roads you drive on, and “socialist” schools your parents sent you to for free, and “socialist” schools you sent your kids … for free. Those are “socialist” police and firemen who will come if you call them… for free.
Maybe you somehow didn’t or don’t use those services and many others that are “socialist”, if so, then I’ll shut my mouth, if not, well that makes you and ever other right-wing/libertarian a thankless hypocrite.
And those VA benefits? Socialist. That clean air and water? Socialist. The 40 hour work week? Socialist. Over-time pay? Socialist. On-the-job safety? Socialist. Roads and road safety features? Socialist. Poison-free food and drugs? Socialist.
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It’s coming upon “Memorial Day.” Honor those that served and continue to serve to protect your arse and the sorry part, you don’t even know nor think about it do you?
I think about the unnecessary carnage daily, everywhere in the world- and I am against it. Plus I didn’t ask anyone, nor do I need, that kind of “protection”. It’s just part of the evil deadly scam called the MIC.
Your fishing expedition to make me appear unAmerican is pure nonsense. But there are plenty of Red White and Blue ones out there who are brainwashed enough to think otherwise. So spare me the melodramatics.
Sounds as if you will have to save yourself in time of strife. Good luck, you will definitely need it.
Indeed, I’m doing so now, by working two jobs, etc. Funny, you conservatives expect government help but pretend not to. The military is government run, thus while fascist in substance it is also socialist in that it is tax-payer based. Believing that the military is there to save you is naive- it exists to promote, protect and to save crony capitalism.
Man, you are slowly on the stress side of the equation. Suggest that you take a break and analyze what you seem to post that is getting surreal in my humble opinion. Sorry that you must work two jobs, my family has for years. Is that a problem? Not for my family for the last 100 years!
“Your family has two jobs” Talk about surreal- what does that mean EXACTLY ???
It is apparent that you don’t live in the real world. My friends that are business owners work a minimum 60+ hours per week,or more, my neighbors, as well as my family are two income families etc. Wait until January 2011 when the tax laws change. You think you don’t take home enough to feed your family? You will need three jobs or more to feed you family. You don’t know how nice you have it until it’s gone. In my business I see it everyday.
So now if you support the military you are a fascist. Isn’t the military one of the FEW things the government is supposed to do IAW the constitution? I don’t see the link there Rob. My copy of the constitution doesn’t have the latest revisions, no health care, no auto sales, no bunny slippers. I don’t think they dropped the military out of it though.
Thanks Hal, keep the pressure on. Reality will come back someday.
Yes Hal by all means, keep the nonsense coming.
I didn’t say if you support he military you are a fascist- interesting that you did though. Although to be honest I do believe that for the most part. If you cut down into most “patriotism” what you find is a fascist tendency or inherent reaction to use violence and bigotry. It’s a universal human construct, and has served humans well inthe past, in theory anyway, in terms of violent group survival. So it’s not so much a criticism as it is a recognition of the human condition, and my point always was and is, that we should and can overcome our basest and meanest reactions towards other human beings.
And Paul you still didn’t explain the family working two jobs statement. Most families have two wage earners, that is nothing new unfortunately. But between my wife and I we hold down four jobs and for a time it was five. Now THAT is something I don’t think anyone thought would become an American value!!!
comment about “‘if only everyone worked hard’ crappola” edited.
Rob, get the chip off your shoulder. My father/Mother in the fifties/sixtes/seventies both worked multiple jobs to feed the family of 10 and yes, that has and always will be the American way. That is the “American Value”, don’t you get it??? You are working hard for a better life going forward for not only you but your children’s future. It’s called living in the “real world” my friend. I’m proud of your dedication and work ethic, I truly am.
I get it. Things were supposed to get better, or at least stay as good. But they aren’t. You don’t get it. We only had one generation that got the American dream, my Dad’s, and to an extent his father- (but only due to Social Security for his old age, even though he didn’t fully contribute the that new system, which works very well for keeping the elderly out of the streets and starving). The American dream is dead, and won’t be coming back. It is the richest elite who killed it for their benefit due only to their insatiable greed.
My mom didn’t have to work and we had a great childhood even though my Dad didn’t make a lot of money. You don’t get it. We are angry about many of the same things, but you are blinded to reality and the causes due to your biases, prejudices, and ability to be brainwashed by the elite.
Things only get better if you work for it. Change is what you do in life to make your life and others better, not a slogan from any elected official be it Obama or others. I’m not brainwashed I live in the present, not the past. As of today, it does not look promising at the rate this administration is taking us and future and our generation.
Oh right, and Bush was soooooo much better….?! wow
Never said that “Saul.”
Oh sorry- must have been Neil. I’m sure you disliked Bush as much as the rest of us Liberals, eh Paul?? You didn’t vote for him or anything did you??