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Michael S. Barr is the Vice Chair of the Federal Reserve for Supervision and on the Board of Governors. He talks crypto & climate...
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(POLITICS) The resurgence of COVID-19 has left Americans with a lot of questions about our nation’s economic future. That ambiguity is seemingly a feature,...
Chris Cliff
November 29, 2009 at 11:55 am
The big killer will come from the bill requiring homes to be ‘green certified’ before they are allowed to sell. If this comes to pass, it will drive a big nail in the US housing market. Sellers that had any equity in older homes will lose it to having to do energy upgrades, and new home owners already are under water.
If I didn’t know better, I would think that the current administration is actually trying to take advantage of the wounded real estate market and fully kill it!
erichempler
November 29, 2009 at 12:01 pm
My feeling is and always has been…how much of an impact are we really making. Let consider this…How much of the land is water and how much of that land do we occupy and how much of that area we occupy actually has polutants? I think we’re way to insignificant to cause anything. I’m not saying the climate isn’t changing because it always has and always will. I’m just not convinced we make enough of an impact for the climate to change.
Hal Benz
November 29, 2009 at 12:15 pm
I’m disappointed to learn about the “fudged numbers”, but not surprised really. This issue has been so politicized, with the numbers and science being twisted and distorted ON BOTH SIDES for years. When fraud like this is uncovered, it DOES hurt the cause. And that’s a shame. In the absence of trust, real change is difficult to achieve.
Here’s the simple truth from my viewpoint: We DO have a responsibility to take care of the place where we live. I don’t need commissioned studies to convince me of this. All I need to do is watch the exponential growth of devastating storms in my community to know that something is terribly amiss. Regardless of who is “cooking the numbers” for whatever political purpose, I don’t think there is any serious scientific debate any longer that humans are the cause of this dilemma.
I hope that our world leaders come up with some reasonable solutions in Copenhagen. Regardless of what we chose to call it, I believe that there IS a problem here. And I worry that the window to correct it is short. I’m no “tree hugger”, but I’m concerned about the inheritance I’m leaving for my daughter.
But do me a favor…If you DO get to Denmark for the climate talks, please don’t let your car idle for hours in front of the main meeting house. You’ll just come off as another “ugly American”. And that won’t help the cause either…
Missy Caulk
November 29, 2009 at 1:23 pm
I’ve been following it and even read some of the emails. So disappointing to see our scientist who we have held in high regard…. try to stop those who had different results from being published. What the heck?
The fact they have changed from global cooling to global warming to climate control tells a huge story. It is not about the climate IMO but about the biggest take over of the government ever and not just ours.
Greg, you cracked me up. Great video….spitting water. You are good!!
Greg Cooper
November 29, 2009 at 3:10 pm
Chris…..if they pass cap and trade with the retro fit option…you are correct sir.
Eric….I too wonder BUT I still think on a personal level we can do things that are good but not overwhelming to us as individuals.
Hal….I was kidding on the car idling…promise.
Missy….TY….humbled by your kind words.
Ken Montville
November 29, 2009 at 6:24 pm
Reminds me of the Woody Allen flick “Sleeper” where Woody wakes up and everything thing bad is really good.
Remember when eggs were bad for us, for instance. Now they’re OK. Or a good belt of Scotch.
Yesterday it was good to eat nothing but meat and fat. Now even sugar substitutes have a gram of fiber.Tomorrow it’ll be the ice cream and cake diet.
I don’t know enough about global warming to argue the point but I do know that clean air and clean water should be basic goals for a healthy and long life. Over industrialization has changed all that and 3rd world countries, like our biggest creditor, China, are only making things worse.
Hey, you know what Greg? I’m getting cynical. And it’s a damn shame because I won’t be the one to suffer that much. I’ll be long dead before the effects of any of this stuff really hits.
Greg Cooper
November 29, 2009 at 8:46 pm
Ken,
You know there’s no easy answer here. I don’t agree that we should simply do nothing and let ma nature work. Looking at a smoke stack belching out garbage into the air is a no brainer on how bad it is. At the same time clearly the logic on the politcal side of this is flawed. One day it’s global warming until everyone wakes and discovers the planet is cooling and then it’s suddenly climate change. How stupid does this political movement think everyone is? We all have a responsibility to just do right. We don’t have to throw a million people out of work for a flawed concept. We simply have to do what is right to conserve our resources and use some common sense in taking care of the world. Regretably neither side seems to have common sense right now.
BawldGuy
November 30, 2009 at 11:05 am
Mankind has pretty much zip control over the survival of the planet. I suppose folks a thousand years ago had hairspray too since these warming/cooling cycles generated by ozone thickening/thinning have been happening since, well, forever.
This is about control — nothing more, nothing less. Let’s all use the three digit IQs with which most of us were born.
‘Green’ will be used widely to the extent it produces either financial gain or savings, mostly the latter. To invoke a bad pun, this ain’t rocket science, people. Skyscraper developers/rehabbers in Manhattan are going green ONLY when it produces proven and significant reductions in operating expenses.
It’s the best executed, longest lasting scam in my lifetime — and now it’s coming to an end. That’s excellent, as the real scientific gains to be made will now emerge without the taint of PC ‘science’, which if viewed properly, is nothing but the science of propaganda.
What the public will accept as fact will never cease to amaze thinking people