Climate Change Honesty
Research for Online Investors

by John Dalt

12/23/09

I spent the morning reading Scientific American, looking for a balanced article on climate change. I didn’t find one. I am reminded of my sixth grade science project that sought to prove the thesis, “low-voltage electricity causes plants to grow faster.” I inserted needles in plant stems and applied low-voltage to the plants 12 hours per day. This should not surprise you if you remember when I wrote about my brother and I building a jet engine out of a tin can and copper tubing.

As I recall, the thesis was proved, and the project received a blue ribbon. Unsuccessful projects that did not prove their thesis were not awarded blue ribbons. I have read much about the money flows to climate researchers in grants and other research funding. It seems the most money flows to those that ‘prove the thesis’. Kind of like a blue ribbon, except it makes all the difference in your paycheck.

I found an interesting article from 2006 in the Wall Street Journal Archives following the same thinking. The author is no rube like me, Richard Lindzen, Professor of Atmospheric Science at MIT has the credentials to ask a few questions and make observations. 2006 Federal funding for climate research was $1.7 billion, guess who received the money? Hint: you had better prove the thesis. Professor Lindzen writes a wonderful article, “Climate of Fear.”

He chronicles the challenges to peer review, and the sinister side of the ‘feeding frenzy’ for money. The professor observes, “Scientists who dissent from the alarmism have seen their grant funds disappear, their work derided, and themselves libeled as industry stooges, scientific hacks or worse. Consequently, lies about climate change gain credence even when they fly in the face of the science that supposedly is their basis.” Wow, I could not have said it any better.

Professor Lindzen is persona-non-grata to the global warming bunch. As such, he seems to pop up at the worst possible time. He wrote another article to the Wall Street Journal last month, just in time for the Confab in Copenhagen. His scientific reasoning is superb in “Climate Science Isn’t Settled.” Rather than speaking of consensus, he lays out the support and weakness of the alarmist arguments. One of his conclusions surrounding the political discussion, “What does all this have to do with climate catastrophe? The answer brings us to a scandal that is, in my opinion, considerably greater than that implied in the hacked emails from the Climate Research Unit (though perhaps not as bad as their destruction of raw data): namely the suggestion that the very existence of warming or of the greenhouse effect is tantamount to catastrophe. This is the grossest of "bait and switch" scams.” Wow, again.

I found a lecture by Professor Lindzen on YouTube, it is enjoyable.  This video is prt. 1 of a Professor Lindzen lecture on global warming. I encourage you to watch all six parts, and forward them to your friends. This gentleman has been called one of the most credentialed skeptics, and the most difficult to ignore. Knowledge is always a joy, ignorance a comfort.

One website that I found as a source for the future is GlobalWarming.org This seems to be a fact based clearing house for information about the fraud of climate change. Whenever this topic is discussed, I come back to earlier references to the late Michael Crichton who famously said, ‘Show me the science. If it is science, it is demonstrable and repeatable.’

Wow, we hit a nerve yesterday.

To the mailbag:

“…whether you’re a grumpy old man or not, I like you.  Love your outlook and honesty.  Merry Christmas to you and your family.”---subscriber T.M.

I simply cannot believe what is happening to America ---paid up subscriber D.J.

I am really enjoying reading your simple and easy writings in the "Market Today" even though I may disagree with some of it.  Simplicity is GREATNESS. Thanks a lot. ---subscriber G.D.

Amen John, thanks for your articles and don't give up the fight.—subscriber D.F.

You are pathetic. I'm opting out of your web site. I really don't want to know about your political persuasion. A%*hole--- former subscriber J.C.

Thanks for the well wishes, and a Merry Christmas to all of our Subscribers.---John Dalt

p.s.  To J.C., that is why we put the cancel option on every email we send out, although I wish closed minded socialists would hang around, they might start to question their “feelings”. No thinking person could actually believe in that change thing!

Our quote for today:
On Climate Alarmists…”I think it's mainly just like little kids locking themselves in dark closets to see how much they can scare each other and themselves." ---Professor Richard Lindzen

The information presented in this newsletter is based on generally available news releases, corporate filings, current events, interviews and the editor’s opinions. It may contain errors and you should not make investment decisions based solely on what you believe you have read here. Do your own research, it is your money. If you lose it, it is your responsibility, not ours or your grandmothers! The editor may or may not have a position in any securities discussed. The editor may have held a position in a security earlier, or in the future.

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