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Abolish the Fed

Thursday, March 13, 2008 by Unknown

From CNBC:

Federal Reserve Chairman Ben Bernanke should resign and the Fed should be abolished as a way to boost the falling dollar and speed up the recovery of the U.S. economy, investor Jim Rogers, CEO of Rogers Holdings, told CNBC Europe Wednesday.

Asked what he would do if he were in Bernanke's shoes, Rogers, who slammed the Fed for pouring liquidity in the system and accepting mortgage-backed securities as guarantees, said: "I would abolish the Federal Reserve and I would resign."

More here.

Mother on Trial for Leaving Child in Car for Minutes

by Unknown

From FoxNews.com:

Treffly Coyne was out of her car for just minutes and no more than 10 yards away.

But that was long and far enough to land her in court after a police officer spotted her sleeping 2-year-old daughter alone in the vehicle; Coyne had taken her two older daughters to pour $8.29 in coins into a Salvation Army kettle.

Minutes later, she was under arrest — the focus of both a police investigation and a probe by the state's child welfare agency. Now the case that has become an Internet flash point for people who either blast police for overstepping their authority or Coyne for putting a child in danger.

More here.

Everything You Thought You Knew is Wrong

by Unknown

We have a new weekly segment here @ the Professor Politico Show which will focus on one subject each episode.

And here's our first subject:

Global Warming/Climate Change

From Cosmic Variance:

The widely accepted Global Warming Theory, is a pseudo science and must be abandoned. Here I explain what it is and why it is totally wrong.

The Global Warming Theory (GWT) believes that human activity considerably increased the concentration of carbon dioxide (CO2) in the atmosphere. As a result it leads to considerable warming up of the arth's surface. As a consequence it could leads to the melting of polar ice and cause raising sea level, and other catastrophies that would eventually render the planet earth un-inhabitable to human. Some GWT doomers even believe that we have passed a point of no return. i.e., the global warming cause by human is already so high it releases the methane gas frozen in the polar ice, and methane, being a more effective green house gas, causes more global warming, and it leads to to more green house gas being release and so it leads to run off global warming that destroys all life on earth.

More here.

And from Biology Cabinet:
Global Warming is not pseudoscience because it has always occurred cyclically in nature since the Earth was formed. However, the idea of an anthropogenic global warming is a pseudoscience. There is not convincing scientific support that human discharge of CO2, methane, or other greenhouse gases is causing or will, in the projected future, cause disastrous warming of the Earth's atmosphere and disturbance or change of the Earth's climate. There is considerable evidence that the current warming is entirely natural and obeys the periodical changes in the planetary system. The attribution of global warming to the CO2 generated from human activity is a fallacy.

More here.

Remember kids believe half of what you read and none of what you hear, especially when it comes to the mainstream media.