I’ve already been called stupid, so refrain from repetition


I read the article at the following address:  http://www.villagevoice.com/content/printVersion/850296  In it, it states that 30 trillion could be “clawed back” from the 600 trillion derivitives market participants.  Give it a read, and then consider.  600 trillion in assets are being supported by $15 trillion in home mortgages.  Wouldn’t paying off those home mortgages eliminate the “toxic assets” of the derivitives?  If truly 30 trillion could be recaptured through the justice systems going after the creators of these assets, wouldn’t that be worthwhile?  I mean, with 30 trillion, all of the outstanding mortgages could be paid off, and the Federal Debt could be paid off, with some left over. 

Okay, now, through your comments, don’t attack the messenger, just straighten out the mistaken understanding.


Why not use the AIG model?


If it is expected to work for the largest Insurance Company, why not all the others?

I sent the following to my two senators, and my representative. It is totally unrelated to any other discussions going on, other than the “Bailout”.

Read More →

Category:

Anthropogenic Climate Change – NOT


Sarah actually shows just how smart she is by not believing its man-made.

The following website explanes how the hoax has been foisted upon us. It’s a long read, but well worth it.

http://www.middlebury.net/op-ed/global-warming-01.html

In all the verbiage, and links, it is pretty well explained that it is highly unlikely that man generated CO2 is causing climate change. Hence providing proof that our little Ms. Palin is smarter than the stuffy old codger who chose to question her about her belief about anthropogenic global warming.

I could cut and paste numerous quotes, let this one be the teaser:

Man-made CO2 doesn’t appear physically capable of absorbing much more than
two-thousandths of the radiated heat (IR) passing upward through the atmosphere.

And, if all of the available heat in that spectrum is indeed being captured by the current CO2 levels before leaving the atmosphere, then adding more CO2 to the atmosphere won’t matter a bit.