Lehmans and Carbon Dioxide
Last year Lehman Brothers released a report about climate change. High profits from the Kyoto carbon trade scheme was the essence of it. It met with the applause of politicians, the entire media and the greens. PM Rudd and Malcolm Turnbull were very keen on it and remain so.
Lehmans predicted the climate 100 years ahead. Green militants have been using the Lehman report as a proof of global warming and impending chaos.
Lehmans scientific advisor is James Hansen, Al Gore’s scientific adviser.
The report is driving climate change policy in Europe, Argentina and several other countries; it is used by economy professors playing being climatologists; by newspapers editorials and essays and even by a U. S. State Secretary.
But Lehmans couldn’t even predict their own demise less than a month ahead, though there were many people that had been warning about this present crash for years.
Lehman’s failure provides a preview of our future if more nations and companies bank their future on the speculative advice of these advocacy scientists, politicians and environmental groups, while ignoring common sense.
If we let them, our politicians will drive the nation to bankruptcy, using the policies that have destroyed Lehmans.
China and India have been and remain much more sensible.
The facts above are the basis of the carbon dioxide scam. To understand the psychological origin, read “The Crowd” by Gustave Le Bon. The English translation has not been out of print since 1960. [However, there is an on-line version: http://www.gutenberg.org/etext/445 -Editor]
Ronald Kitching
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