Institutional Advisors Controversial Topics
Each transition from a great financial mania to consequent contraction has been a methodical disaster. Our disaster was expected to become undeniable as the inverted yield curve reversed to steepening in May-June, 2007. This had worked out well enough by that fateful July to prompt the observation: “This is likely the biggest train wreck in financial history.” (Pivotal Events July 26/07)
Beyond tracking the path to contraction in our regular weekly publications, there have been opportunities for studies or editorials that we knew would be controversial. The point was to outline two failures: One in financial markets, the other in policymaking. From time to time, these will be retrieved and posted in this section.
Beyond tracking the path to contraction in our regular weekly publications, there have been opportunities for studies or editorials that we knew would be controversial. The point was to outline two failures: One in financial markets, the other in policymaking. From time to time, these will be retrieved and posted in this section.
"Global Warming"
Credit David Brown & Bob Hoye
Under various compelling arguments the state has imposed its authority in a manner unseen in four hundred years. Since the early 1900s the main pitch has been that economic central planning has been needed for the public good. Eastern Europe got Marx. The Western World got Keynes. However, as marked by the fall of the Berlin Wall in 1989, folks who had suffered from too much central planning began throw it off. Political reform swept the world and in the 1990s many hardline socialists slipped into the environmental movement. Within this, man-caused global warming has been a powerful ploy in imposing authority and in academe – harvesting grant money.
In touting they (Socialists) can manage the economy and the climate – audacity has been pushed to the limit and is running into a wall of common sense. The public can sense the beginning of policy failure and can initiate significant political reform. It has done it before.
"Deep Solar Minimum Continues" The sun is in the pits of the deepest solar minimum in nearly a century. Weeks and sometimes whole months go by without even a single tiny sunspot.
The "Climate Change" movement continues to push the new meaning of political science to the limits of absurdity.
"Gore's Hometown Nashville Breaks 1877 Cold Temp Record"
The headline is from a report by Associated Press that July 21 recorded the lowest low temperature for that date since 1877. The irony is exquisite.
The included charts illustrate actual climate history, as well as the contrived one as promoted by IPCC. An independent site worth visiting is www.friendsofscience.org which contains real science, not political science.
Mother Nature has been expected to be indifferent to the promotion of man-caused global warming. The "bear market" in sunspots, and increase in volcanic activity are forcing a significant decline in global temperatures.
In touting they (Socialists) can manage the economy and the climate – audacity has been pushed to the limit and is running into a wall of common sense. The public can sense the beginning of policy failure and can initiate significant political reform. It has done it before.
"Deep Solar Minimum Continues" The sun is in the pits of the deepest solar minimum in nearly a century. Weeks and sometimes whole months go by without even a single tiny sunspot.
The "Climate Change" movement continues to push the new meaning of political science to the limits of absurdity.
"Gore's Hometown Nashville Breaks 1877 Cold Temp Record"
The headline is from a report by Associated Press that July 21 recorded the lowest low temperature for that date since 1877. The irony is exquisite.
The included charts illustrate actual climate history, as well as the contrived one as promoted by IPCC. An independent site worth visiting is www.friendsofscience.org which contains real science, not political science.
Mother Nature has been expected to be indifferent to the promotion of man-caused global warming. The "bear market" in sunspots, and increase in volcanic activity are forcing a significant decline in global temperatures.
Ropespinner Conspiracy
Credit David Brown & Bob Hoye
SEP 2007 The Ropespinner Conspiracy is a novel by Michael M. Thomas, a former investment banker who writes enjoyable novels about high finance. The title relates to Lenin’s observation that “Capitalism will sell us the rope with which we hang it”.
Published in 1987 the story is about a brilliant but insidious Soviet conspiracy to infiltrate the U.S. banking system and corrupt it to its own destruction.
Published in 1987 the story is about a brilliant but insidious Soviet conspiracy to infiltrate the U.S. banking system and corrupt it to its own destruction.
