The markets think Al Gore’s ‘settled’ global warming science is bunk

The markets think Al Gore’s ‘settled’ global warming science is bunk. “…the high cost of coastal homes in New York and Los Angeles is on its own a market signal that the alleged threat of global warming is well overdone.” Why would you buy a big-bucks coastal dacha if you think the sea level is going rise umpteen feet soon? Two answers: you’re really stupid or you really don’t believe it. But we can’t totally discount “really stupid.”

This post was last modified on November 22, 2013

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (22)

  • I guess the insurance industry doesn't believe in the rise in sea level either. Elsewise they wouldn't insure these projects.

    My spellchecker is trying to tell me I spelled elsewise wrong.

    • Yes. Good point. Unlike the global warming disciples, the insurance industry uses real data to assess risk. I will say, though, that if you buy a house in the Keys or some other hurricane prone area and your back yard is the ocean, chances are you will have to self insure. Not because of global warming but because of the millennia worth of data that says hurricanes will strike coastal areas with regularity.

  • Every utterance of these left wing idiots, AGW, clean energy, fairness, etc., etc. is a purposeful lie, designed only to control the masses. People with any sense are not going to worry about this propaganda when making their life decisions, as demonstrated here.

      • Exactly how many of these facilities were built at such a proximity to the sea where such a hypothetical rise would pose a threat? Would it not follow that such an arrangement would create potential hazards during extreme but routine weather events absent of the fabled results of catastrophic climate change? Who approved the construction of public facilities that would already be in meteorological peril to subject then to the perils of the theoretical rise in sea levels? Am I to entrust to the scare mongering judgment of the same characters who agreed to such perilous positioning of public venues in the first place?

        Suddenly we are identifying the unique risks borne by sports stadiums irrespective of those faced by the surrounding infrastructure? Does this include every stadium? I'm sure the league is dispatching an alert to Mile High Stadium in Denver alerting of the possibility of future storm surges breaching its perilously low position and washing it out to sea.

        FTA: "The senator is no stranger to such Chicken Little scare tactics. In May 2013, Whitehouse blamed Republican inaction on climate change for deadly tornados in Oklahoma"

        Also: "I took my kids skiing at Yawgoo Valley ski slopes in Rhode Island. The New York Times recently reported that we can expect all the ski slopes in Connecticut and Massachusetts to be gone."

        Yep- a mega tsunami will come and wash away every ski slope on the east coast.

        Yet the idiot is still offered a forum to share his "wisdom". I'd go on but it's a sweltering 39 degrees out and I need to darken my nice tan- I don't want to waste this oh so valuable globally warmed November heat wave

        • Yeah, I was laughing at the resemblance to the tactics on the local level; you better pass this levy and give these overpaid teachers and bloated admin. a raise and more perks or the first things we cut are sports and bus service.

  • I've said before, I don't think the Leftists believe in warmingology either. Take a drive along the waterfront roads on Cape Cod, especially Chatham, right out on the end. Nobody's desperately trying to move the waterfront estates. I've put it up to a few people, if you REALLY believe in Warmingology, I will sign a contrct with you right now to purchase your waterfront property in ten years time, at a price of ten cents on the dollar of its current value. No takers. But I keep hoping!

      • He was my imaginary friend from the time I was 15 and started reading "adult" books. I read all the McGee stories as they were written year after year. Every one. It's a shame (or maybe not) that no one ever captured the character of those books on the silver screen. I always imagined McGee as the sort of character Paul Newman would play.

        • Shhh, somebody out there will hear you and they'll cast Tom freaking Cruise and ruin it for me. About the same age for me, those and the Conan books (Thanks Mom!)

          [edit] except for the occasional classic re-read, I quit after Lonely Silver Rain. That was exactly how I wanted to remember McGee, after he met his daughter.

  • From what I've been seeing with the expansion of sea ice over both poles, and the reduction in sunspot activity, it might be best to invest in property in a warmer climate. Manbearpig and his globull warming cultists are about to go broke.

      • Last I heard 117 of 139 units are sold with an average price north of $8M. Very little financing available so bring your checkbook when you sign up and at closing.

        • I don't think that place would get along well with my F-350 four door long bed truck. I'll have to hold off on committing the millions for now.

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