Geoengineering can be described as the intentional manipulation of conditions in the earth’s atmosphere to reduce or prevent effects of global warming. Geoengineering is seen as an option aside mitigation of Greenhouse (GHG) emissions traditionally seen as the solution to global warming. Proposals for geoengineering include having giant mirrors in the upper atmosphere to […]
Remarks by President Obama in Address to the United Nations General Assembly
Remarks by President Obama in Address to the United Nations General Assembly United Nations New York, New York 10:12 A.M. EDT PRESIDENT OBAMA: Mr. President, Mr. Secretary General, fellow delegates, ladies and gentlemen: It is a great honor for me to be here today. I would like to talk to you about a subject that […]
Republicans Party; hijacked by the Tea Party, Ruining our Nation
People are beginning to blame President Obama for this economic and job dissappearing climate we are in. The problem is not Obama, but the greedy large businesses and the Republican Party behind our current continuation of the Bush years. Sorry to point out the ignorance of one’s own constitution and how government works, but; liberal ole’ President […]
Europe Needs to Print Money to Save the Euro Currency
The eurozone is rapidly running out of choices. If the currency is to be saved, Europe will need a single fiscal authority and a willingness to print money. With each passing day, markets seem to get wilder and woollier. This is only natural after a long, calm stretch. Volatility expands and contracts like an accordion. […]
President Obama Claims 80% of Americans Want Higher Taxes
As the debt ceiling debate heats up, President Obama claims most Americans are OK with higher taxes. Are you? As the U.S. debt ceiling deadline moves closer, the bond market takes it in stride. The 10-year U.S. Treasury note trades within spitting distance of eight-month highs. Investors seem confident a deal will get done, if […]
Stick With What You Know?
Do companies which try to do new things succeed and why? Phin Upham dicusses a seminal work on the topic In Diversification, Ricardian rents, and Tobin’s q, Cynthia A. Montgomery and Birger Wernerfelt present a study on the ability of a multimarket firm to diversify its resources (factors). Montgomery and Wernerfelt test whether a multimarket firm’s average rents […]
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