By Thomas Sowell – Re-Blogged From Hoover Institution
Policy
Leaving the EU is ‘More Vital Than Climate Change’
- Climate change came third in list of priorities voters identified for Government
- Eleven per cent of participants mentioned climate as top issues facing country
- Second place was ‘tackling poverty’ on 12%, and ‘resolving Brexit’ top at 24%
Resolving Brexit should be the Government’s number-one priority – and is more important to voters than issues such as climate change, according to the results of a new survey.
Thirty-six per cent of people questioned by pollsters Opinium identified Brexit as the most important issue facing politicians.
MPs have so far been unable to reach a majority in the House of Commons to break the deadlock surrounding our departure from the EU – yet last month, they found enough common ground to declare a ‘climate emergency’.
Climate change came third in the list of priorities voters identified for the Government – 11 per cent mentioned it – while in second place was ‘tackling poverty’ on 12 per cent.
A National Narrative for Media on Climate Change
By Kip Hansen – Re-Blogged From WUWT
Those of you who closely watch the media — newspapers, broadcast & streaming news, national magazines, national public radio — may have noticed that all the news about climate change is beginning to sound the same — regardless of outlet (there are a few sensible exceptions). This is no accident. In fact, it is an organized movement among American journalists.
I have written here before about the Editorial Narratives at the New York Times. Here’s the working definition I proposed for Editorial Narrative:
“Editorial Narrative: A mandated set of guidelines for the overriding storyline for any news item concerning a specified topic, including required statements, conclusions and intentional slanting towards a particular preferred viewpoint. A statement from the Editors of “How this topic is to be presented.”
Germany Could Slow Phase-Out of Coal
Re-Blogged From VOA News
Germany’s phasing out of coal-fired power stations could be delayed beyond 2038 if the deadline creates problems for the security of electricity supply, a senior legislator in Chancellor Angela Merkel’s party said.
The phase-out, proposed last Saturday by a commission tasked with mapping out Germany’s transition to a more environmentally friendly low-carbon economy, drew criticism from some in industry who fear the impact of higher energy prices.
Bad Bankers Drive Out Good Bankers: Wells Fargo, Wall Street, And Gresham’s Law
By John Rubino – Re-Blogged From Dollar Collapse
Back in the 1500s, a financial agent of Queen Elizabeth I named Thomas Gresham observed that that “bad money drives out good.” That is, if two kinds of money are circulating at the same legal value, people will spend the lower-quality money and save the higher. The latter as a result ceases to circulate. This became known as Gresham’s law.
More recently, in our book The Money Bubble, James Turk and I extended this concept to bankers, observing that in times of very easy money, bad bankers drive out good:
