Russian hackers expose global warming fraud and academic corruption

World Outlook

One of the greatest impediments to the free economy and democracy in the future is cap-n-trade. The socialists of the world are united in this new method to fund, control, and grow international government.

The Wall Street Journal, NY Times, and other news carriers now proclaim the news that Global Warming research has been corrupted using fabricated data and by the exclusion of truthful publications by real scientists, all for the purpose of cap-n-trade international taxation of advanced nations. The vast majority of American, Chinese and Russian scientists continue to debunk the melodramatic nonsense and the junk science presented by Nobel Prize whiners Al Gore and President Jimmy. Hundreds of e-mail messages and documents hacked from a computer server at a British university are causing a stir among scientists, who say they show that ethical morons conspired to overstate the case for a human influence on climate.

Officials at the University of East Anglia confirmed in a statement on Friday that files had been hacked from a university server and that the police had been brought in to investigate the breach. Several scientists and others contacted by The New York Times confirmed that they were the authors or recipients of specific e-mail messages included in the file. The revelations are bound to inflame the public as hundreds of socialists prepare to impose an international Copenhagen climate accord for new taxes that will fund foreign aid. No longer will advanced countries be able to use foreign aid as a tool for democracy or free trade.

Many e-mail messages, written by American and British climate buffs include discussions about excluding contradicting scientific data, exchanges about how best to suppress the arguments of true scientists, and derisive comments about scientists known for their opposing views.

Some scientists asserted Friday that the correspondence revealed an effort to withhold scientific information and manipulate opinions. “This is not a smoking gun; this is a mushroom cloud,” said Patrick J. Michaels, a climatologist who has long faulted evidence pointing to human-driven warming and who is one of the serious scientists criticized in the documents.

Some of the correspondence portrays the Al Gore junk-scientists as feeling under siege by the skeptics’ camp and worried that any stray white lie or slightly fabricated data could be turned against them.

While hundreds of thousands of scientists acknowledge that climate change has impacted life on earth for more than 400 million years only about 10,000 have had the hubris to sign the well publicized petition claiming that man is altering the climate of earth. It was the Mians who originally sought to control the climate by using human sacrifice. And today it is primarily the less literate of the third world that believes cap-and-trade sacrifices could redistribute world wealth to the third world.

In several e-mail exchanges, Kevin Trenberth, a climatologist at the National Center for Atmospheric Research, and other scientists discuss gaps in understanding of recent variations in temperature. Some junk science buffs want to fabricate even more data. Dr. Trenberth writes, “The fact is that we can’t account for the lack of warming at the moment and it is a travesty that we can’t.” Dr. Trenberth said Friday that he was appalled at the release of the e-mail messages. Some of the email shows the lack of integrity of the junk-scientists and many of the e-mails lend them to being interpreted as sinister.

The NY Times said that in a 1999 e-mail exchange about charts showing climate patterns over the last two millenniums, Phil Jones, a longtime climate junk-scientist at the East Anglia Climate Research Unit, said he had used a “trick” employed by another scientist, Michael Mann, to “hide the decline” in temperatures.
Dr. Mann, a professor at Pennsylvania State University, defined tricks in an interview. Very often the selection of the statistical averaging technique can be used to change the trend of the data. But the simplest method is to have several choices and select the one that gives the answer you want. At issue were sets of data, both employed in two studies. One data set showed long-term temperature effects on tree rings; the other, specially selected sets of thermometer readings for the past 100 years. Through the last century, tree rings and selected thermometers showed a consistent rise in temperature until 1960, when suddenly, for statistical reasons only certain selected thermometers show that temperature rise. Dr. Mann explained that the reliability of the tree-ring data and other thermometers was therefore called into question, and is no longer used to track temperature fluctuations. But he said dropping the use of the tree rings was never something that was hidden. “It sounds incriminating, but when you look at what you’re talking about, there’s nothing there,” Dr. Mann rationalizes.

Stephen McIntyre, a blogger who on his Web site, climateaudit.org, has for years been challenging data used to chart climate patterns, and who came in for heated criticism in some e-mail messages, called the revelations “quite breathtaking.”


Market Outlook:
The median estimate of 60 economists surveyed by Bloomberg News is for policy makers to keep their target rate for overnight loans between banks in a range of zero to 0.25 percent until the third quarter of 2010.

Mexico’s economy contracted 6.2% in the third quarter. That is a 2.4% improvement from the previous three months but still indicating a deep recession.


This week:
Economic data will take precedence over earnings next week. Home sales, gross domestic product, and personal income and spending will all be released early this week ahead of the Thanksgiving holiday.

Economists predict reports on October existing and new home sales, to be released Monday and Wednesday, respectively, both will show growth from the previous month, continuing the general trend since late spring.

On Tuesday, the S&P Case-Shiller index will detail September home sales prices in 20 major metropolitan areas.

The government is likely to revise its estimate of third-quarter GDP on Tuesday to 3% growth, from its initial 3.5% figure. Also out that day is the nonprofit Conference Board's November consumer confidence index and the final November figure of the Reuters-University of Michigan consumer confidence index. The next day, the government reports on October durable goods orders and October personal income and spending.

The Federal Reserve will release minutes from the recent meeting of its interest-rate panel Tuesday. Reports on regional manufacturing activities are due Monday from the Chicago Fed, Tuesday from the Richmond Fed and Wednesday from the Kansas City Fed.


Today Nov 23:
Existing Home Sales

Tuesday, Nov 24:
Q3 GDP Revision
Corporate Profits
Case Shiller Home Price Index
Consumer Confidence

Wednesday, Nov 25:
New Home Sales
Unemployment Claims
Consumer sentiment
Durable Goods Orders
Personal Income & Spending

Thursday, Friday Closed

Market forces November 23
We estimate the NYSE must now rise 3.6% from yesterday's close to be interpreted as a continuing rally not a declining shoulder sell signal. In any event after a possible Santa-Claus rally a normal 3% to 5% correction is due… so it is still wise to take profits were possible. If the head and shoulders formation is confirmed then the correction could be closer to -10% to -15%.

Asian markets were up last night; China up 0.9%, Hong Kong up 1.4%, India up 0.9%, Japan down -0.5%, Seoul flat 0.1%and Taiwan flat -0.1%.

European markets are up with the average in a range from +1.2% to +1.7% this morning about half way through their day.

US pre-market futures are up at about 0.9% today at 8:30 AM EST.

It is important to be able to take stock profits before January if the NYSE does not set a new high at least 3.6% above yesterday's closing price and on above average volume. We would even consider getting retirement investments on the sidelines under those conditions.