The founder and director of a climate change study project funded heavily by the Koch brothers, who last year reversed course and said he believed global warming was real, has gone one step further, writing in a weekend op-ed in the New York Times that he is now convinced the phenomenon is caused by humans.
In a piece titled, “The Conversion of a Climate-Change Skeptic,” Richard A. Muller, a University of California, Berkley physicist who founded the Berkley Earth Surface Temperature study (BEST) wrote that his, “total turnaround, in such a short time,” was driven by a new report from the group that concluded for the first time that global warming is a man-made problem. That revelation brings Muller essentially full circle from his stance a few years ago, when he criticized other global warming studies as flawed and questioned whether the Earth was even warming abnormally, dangerously fast at all.
U.S. stocks have risen in recent years but mainly due to the Federal Reserve's moves to stimulate the economy.
The Fed may move again to prop up the country and stave off recession, but results will be weak and stock prices will plummet when the monetary sugar rush ends, said New York University economist Nouriel Roubini.
Previous calls for U.S. gross domestic product growth of around 3 percent this year have been off, with forecasts being slashed.
Editor's Note: Economist Unapologetically Calls Out Bernanke, Obama for Mishandling Economy. See What They Did
"The first-half growth rate looks set to come in closer to 1.5 percent at best, even below 2011’s dismal 1.7 percent," Roubini wrote in a Project Syndicate column.
Emails, tweets, and texts since Friday have been alerting me about how the Anaheim Police Department plan to confront the thousands of protestors expected to march today against police brutality and Anaheim City Council incompetence: with a armed force that looks ready to club heads, stampede, and heaven knows what else.
And, contrary to what you'd think, they're not afraid to show off their toys.
What we can confirm: a full exercise involving hundreds staged at the parking lot of Glover Stadium. A parade of police horses up Anaheim Boulevard in the middle of rush hour. Barricades. Escalated patrols. And that was just Friday.
This morning on Fox News Sunday, Justice Antonin Scalia reiterated just how extremely his Constitutional originalism can be applied. Referring to the recent shooting in Aurora, CO, host Chris Wallace asked the Supreme Court Justice about gun control, and whether the Second Amendment allows for any limitations to gun rights. Scalia admitted there could be, such as “frighting” (carrying a big ax just to scare people), but they would still have to be determined with an 18th-Century perspective in mind. According to his originalism, if a weapon can be hand-held, though, it probably still falls under the right o “bear arms”:
How did the Republican Party miss so many of Mitt's problems? You can thank his weak primary opponents.
I can’t tell you that Mitt Romney’s stumbles in London, as embarrassing as they are, will cost him even a single vote in November. But this latest campaign glitch is a good reminder that something really unusual did happen in the nomination process this cycle, and it leaves Romney as an unusually untested, and undervetted, nominee.
And it’s not just his London fiasco. It’s also new information that Barack Obama’s campaign has dug up about Romney’s business career. And that Romney hasn’t released more than (most of) one year of tax returns, unlike most recent candidates. And other things, such as the news this week that Romney was at one point a registered lobbyist.
If any single person is responsible for Wall Street banks becoming too big to fail it’s Sandy Weill. In 1998 he created the financial powerhouse Citigroup by combining Traveler’s Insurance and Citibank. To cash in on the combination, Weill then successfully lobbied the Clinton administration to repeal the Glass-Steagall Act – the Depression-era law that separated commercial from investment banking. And he hired my former colleague Bob Rubin, then Clinton’s Secretary of the Treasury, to oversee his new empire.
Outspoken U.S. goaltender Hope Solo isn't happy about former player Brandi Chastain's commentary on NBC, and she's tweeting about it.
At one point, Chastain pointed out that a defender's responsibilities are: "Defend. Win the ball. And then keep possession. And that's something that (U.S. defender) Rachel Buehler actually needs to, I think, improve on in this tournament."
After the game, Solo rattled off four tweets about Chastain. She told Chastain to "lay off commentating about defending" and goalkeeping "until you get more educated" and "the game has changed from a decade ago."
Lawmakers might not have to address raising the country's politically sensitive debt ceiling this election year, a senior Treasury official said.
The country nearly went into default in 2011 when the country reached its borrowing limit, though Congress agreed to lift it at the very last moment.
The government will approach the ceiling again later this year, though the Treasury can take steps such as shuffling funds and postponing certain payments to delay the threat of default until 2013, after the election.
After Willard Romney’s terrible, horrible, no good, very bad London gaffe-athon, it’s understandable that he’s a little gun shy about talking to the press. Not acceptable, just understandable, because so far, he’s made an utter fool out of himself, proving himself to be inept, awkward, and unfit for office.
But a total blackout? That’s crossing a line, not to mention violating protocol, especially after promising at least some of the media access to whatever it is he thinks he’s doing.
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