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November 28, 2011 Global Warming Bubble is Popping James Lewis
Hoo, boy, as Mad Magazine used to say. Remember that old Market Crash of 2008? It started very slowly when some investors got suspicious about empty mortgages (wonder why?) wrapped in layers and layers of tin foil, then told some others about their doubts, and more and more and then BANG! Markets panicked, John McCain lost, Obama won on sheer unmitigated gall and nothing more. In math-physics this is called a "phase change, "and it doesn't just happen with water molecules locking together to make ice crystals and acres of Lake Michigan all going Crack! when the water temps drop below zero C. It also applies to avalanches, demand-and-supply markets (including political ones), and scientific "consensus" based on dubious evidence. The 5,000 internal emails among "scientists" in the UK -- Climategate 2.0 -- are proving to be the tipping point. This story is now moving at warp speed. In the UK the Prime Minister's office has just run up the white flag of surrender. The BBC Organ of Propaganda is now a target of the British press, who seem to remember what news coverage is for. See here. Excellent blow-by-blow coverage is being provided by Climate Depot. The UK Daily Mail has actually been doing real journalism -- a disappearing commodity in Crony Socialism. Here are today's MailOnline headlines:
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