The Oregon Institute of Science and Medicine this week announced that 31,072 U.S. scientists signed a petition stating that

“… There is no convincing scientific evidence that human release of carbon dioxide, methane or other greenhouse gases is causing, or will cause in the future, catastrophic heating of the Earth’s atmosphere and disruption of the Earth’s climate…”

This includes the eminent theoretical physicist Freeman Dyson who is among the many distinguished signatories. For you Sci-Fi and Physics fans, he is the guy that came up with the Dyson Sphere! Pretty cool aye?

On a personal note, Dyson happens to be one of my few heroes.

Moving on, add this to the fact that the Global Temperature actually dropped by 1 Degree last year and you have a major fiasco brewing and a lot of chickens coming home to roost.

Considering the whole ill founded and unproven Global Warming farce caused a landslide of ignorant, knee jerk legislation that is now responsible for about 20% or 75cent per gallon of the higher gas prices every time you fill up your tank and about 40% of the now higher food prices you pay every single time you buy food.

But hopefully this will soon come to an end.

But then again we are talking about Politicians actually doing the right and smart thing for us as US citizens and for the world for that matter, so I would not bet on it.

The recent veto of the disastrous Farm Bill by Bush may help a little.

From an investment standpoint you should note that while the Congress and Senate preach support of alternative fuels and support Corn Ethanol which costs $1.25 to produce $1.00 worth of Ethanol, (hey I never said it made sense) the bill also still supports the tariff ( tax you pay) on Ethanol made from Sugar Cane from Brazil (which actually does make sense and per acre is 8 times more efficient than Corn) making it more expensive.

Even so, I would hesitate to put a single dime into Corn Based Ethanol Ventures as the subsidies that make them viable may be withdrawn and this dumb idea could be plowed underground again where it should be.

Cheers,

Andrew Anderson

for I Am An Investor.com

Here is a pretty cool new tool that you may not have seen before. It is a visual dictionary. You will have to mover the bar over the the right, but try typing in ” Capitalist” in and see what happens.  Then hover you mouse over the words.

Here is a direct link. 

Yahoo, well not so much. With Yahoo saying that they think their stock is worth $40, it is a bit like like trying to fob off an abused Rental Car that has had the odometer turned back as brand new one some unsuspecting old lady. If the company is worth that much, then why hasn’t the current management convinced million of stock buyers of that fact?

Do they think that Microsoft is really that stupid? The fact that Yahoo has not been able to capitalize on it’s assets says it all.

This is what I love about Capitalism as a whole!

(more…)

The new Technorati are laying to claim to the world. But unlike the days of old, they numbers in the millions. They are us. We have more technology at our fingertips today than the richest person in the world did just 20 years ago. The kicker is most of it is free.

We can make free phone calls around the world, we have access to free email, the latest weather, recipes, stock and market prices with more tools to analyze them than you can shake a stick at. Plus about a 1,000 other things that are working behind the scenes that we take for granted.

(more…)