Comments on: Couldn’t Help But Notice (031808)

By: TBlumer

TBlumer — Wed, 19 Mar 2008 13:04:48 +0000

#3, that appears to be the case:
http://online.wsj.com/article/SB120588397192346927.html

By: Timothy A. Jumonville

Timothy A. Jumonville — Tue, 18 Mar 2008 16:25:09 +0000

I was thinking that the Fed may be trying to do what Milton Friedman said the fed or whatever it’s equivalent was in the depression failed to do, which is to keep the “Bank of America” afloat. According to what I heard him say, that failure caused the runs on banks which caused the Great Depression.
I am just a journeyman in this stuff, but it seems to me that is what the fed is trying to do.

By: TBlumer

TBlumer — Tue, 18 Mar 2008 13:34:12 +0000

#1, GREAT point. My daily e-mails from CCnet tell me that the EU-PU is going crazy now that reality is biting, and backing wayyyyy off.

By: dscott

dscott — Tue, 18 Mar 2008 13:08:45 +0000

Not only did the US use less CO2 per GDP, it also used less CO2 per capita and those two benchmarks are the real indicators of energy usage. The US population grew from 1990 (250,132,000) to 2006 (299,801,000) by 49,000,000 a 19.6% increase. Table 2 of Census Bureau count. Table 3 tells us that by 2020 there will be an additional 35 million if birth rates, death rates, and immigration policy don’t change another 11.6% increase. 2025 that will be 350 million or a 16.6% increase from 2007.
http://www.census.gov/prod/2007pubs/08statab/pop.pdf

Now compare that to Europe’s population. That Tom was the lynchpin of the AGW kyoto targets, they made the CO2 targets per country instead of per capita. There was a reason for this. When Kyoto was first adopted, the Europeans knew the Demographic trend was going to help them meet the 2012 targets by the fact they were projecting their populations to stabilize and then drop back to 1990 levels in 2012. Unfortunately for the AGW folks, the other PC group kept importing foreigners (immigration) without regard to the AGW folks goals and so as a result most of the European Union countries will not make their targets due to population increase from immigration.