4.4.09

Ice bridge holding Antarctic ice shelf cracks up | Environment | Reuters

Ice bridge holding Antarctic ice shelf cracks up | Environment | Reuters: "OSLO (Reuters) - An ice bridge holding a vast Antarctic ice shelf in place has shattered and may herald a wider collapse caused by global warming, a leading scientist said on Saturday."

30.3.09

Rise of sea levels is 'the greatest lie ever told' - Telegraph

Rise of sea levels is 'the greatest lie ever told' - Telegraph: "But if there is one scientist who knows more about sea levels than anyone else in the world it is the Swedish geologist and physicist Nils-Axel M�rner, formerly chairman of the INQUA International Commission on Sea Level Change. And the uncompromising verdict of Dr Morner, who for 35 years has been using every known scientific method to study sea levels all over the globe, is that all this talk about the sea rising is nothing but a colossal scare story.

Despite fluctuations down as well as up, 'the sea is not rising,' he says. 'It hasn't risen in 50 years.' If there is any rise this century it will 'not be more than 10cm (four inches), with an uncertainty of plus or minus 10cm'. And quite apart from examining the hard evidence, he says, the elementary laws of physics (latent heat needed to melt ice) tell us that the apocalypse conjured up by
Al Gore and Co could not possibly come about."

Russia backs return to Gold Standard to solve financial crisis - Telegraph

Russia backs return to Gold Standard to solve financial crisis - Telegraph: "The Gold Standard was the anchor of world finance in the 19th Century but began breaking down during the First World War as governments engaged in unprecedented spending. It collapsed in the 1930s when the British Empire, the US, and France all abandoned their parities.

It was revived as part of fixed dollar system until US inflation caused by the Vietnam War and 'Great Society' social spending forced President Richard Nixon to close the gold window in 1971.

The world's fiat paper currencies have lacked any external anchor ever since. It is widely argued that the financial excesses and extreme debt leverage of the last quarter century would have been impossible - or less likely - under the discipline of gold."