Wednesday, June 28, 2006

news news news


Sales of existing homes fell for the seventh time in nine months in May as interest rates rose. (WSJ)

Tony Snow: 'The NEW YORK TIMES and other news organizations ought to think long and hard about whether a public's right to know in some cases might override somebody's right to live.'

American presence in Iraq is more dangerous to world peace than nuclear threats from North Korea or Iran, U.S. Rep. John Murtha, D-Pa., said to a crowd of more than 200 in North Miami Saturday afternoon. (South Florida Sun-Sentinel)

A wave of deals is putting 2006 on pace to be the most-active merger year ever, with a total value that could top $3.5 trillion. (WSJ)

GM said about 35,000 hourly workers agreed to take buyouts, letting the auto maker meet its job-cut target ahead of schedule. (WSJ)

Professor Bob Carter of the Marine Geophysical Laboratory at James Cook University, in Australia gives what, for many Canadians, is a surprising assessment: "Gore's circumstantial arguments are so weak that they are pathetic. It is simply incredible that they, and his film, are commanding public attention."

Appearing before the Commons Committee on Environment and Sustainable Development last year, Carleton University paleoclimatologist Professor Tim Patterson testified, "There is no meaningful correlation between CO2 levels and Earth's temperature over this [geologic] time frame. In fact, when CO2 levels were over ten times higher than they are now, about 450 million years ago, the planet was in the depths of the absolute coldest period in the last half billion years." Patterson asked the committee, "On the basis of this evidence, how could anyone still believe that the recent relatively small increase in CO2 levels would be the major cause of the past century's modest warming?"

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