Posts filed under “UnScience”

Heads Up: I am traveling all of next week

Those of you who have been blog readers for a long time know the uncanny correlation between my travel and market dislocations.

The ugliest example was the flight back from Dallas to NY during the flash crash. Landed — hmmmm, down 300 — but had no idea what happened. January 2009, February 2011, August 2011 — all pretty dicey. And I was on the road for many months in 2008, and markets were lower every time I returned.

Readers have repeatedly asked for a heads up — so this is it.

Now, of course I don’t believe in this, and the correlations are surely coincidental. But before you dismiss this, recall the words of Niels Bohr, Nobel Prize winning Physicist (1922). He had a horseshoe above his door, and when a visitor asked him about it, he mentioned it was a good luck charm.

“Do you really believe in that?” the visitor asked?

Bohr replied “Of course not … but I am told it works even if you don’t believe in it.”

I’ll still be posting, and tweeting some photos — but i wont be back until the 27th!

Enjoy your 3 day weekend!

Category: Markets, Travel, UnScience

The Ongoing “Foxification” of the Wall Street Journal

Last week, the Wall Street Journal published from a group of anthropogenic climate change deniers — a small group of engineers, retired weathermen, and scientists, none one of whom worked in the the field of climate science.

A much larger group of scientists, most of whom actually work in the field climate change, submitted a signed letter in response. The cowardly editorial board of the WSJ rejected the rebuttal letter. In response, the pre-eminent science journal Science, known for scientific rigor, decided to published it: “Climate change and the Integrity of Science” (January 27th, 2012). (The WSJ did publish yesterday (Feb 1), a letters to the editors from Kevin Trenberth, a scientist).


Ever since what once was the best paper in the US was purchased by Rupert Murdoch, its value as a source of business news been continuously degraded. I spend more time on the Journal’s many excellent blogs than I do the print paper. And their iPad app sets the bar for media integration into a tablet. I may still read the print Journal, but I am down to 2 sections, Money & Investing and Personal Journal (called Friday/Weekend on those days).

This is a tragedy. Great journalism is becoming increasingly rare, and a vibrant independent press is a necessary part of any Democracy. Not only was the Journal a once great institution, but I have many friends and colleagues who work there — along with an increasingly large roster of those who used to.

Murdoch’s Foxification of the WSJ has reduced its reliability to me as an investor. Its objectivity is is no longer unquestioned. The obvious disregard for facts, for science, and the rabid disregard for Truth in the service of Murdoch’s ideology is slowly poisoning the rest of the paper — it now reaches beyond the OIpEd pages. At a certain unknown point in the future, I fear the entire publication may simply become too untrustworthy for investors to rely upon. At that point, I suspect Bloomberg will buy the FT, put out a US edition, and media watchers will begin the countdown to the final days of the WSJ.

That is a terrible shame. No one should take any delight in the destruction of what was once a great Wall Street institution.

The full list of signatories to the rejected rebuttal are after the jump. And for a slice into the world of cognitive dissonance, check out the comment stream following the published letter to the editor — its hilarious, in a sloping forehead kinda way.


Murdoch’s WSJ Changes Creates Opening for NYT, FT ( April 24th, 2008)

Read It Here First: “De-Financializing” the WSJ (April 28th, 2008)

WSJ Jumps the Shark (January 22nd, 2010)

Read It Here First: WSJ Becomes Fox-ified (July 16th, 2011)

Remarkable Editorial Bias on Climate Science at the Wall Street Journal
Peter Gleick,
CEO Pacific Institute, MacArthur Fellow, National Academy of Sciences

Two incontrovertible things: Anthropogenic Global Warming is Real, and the Wall Street Journal is Political Rag
Greg Laden
Science Blogs, January 27, 2012

Read More

Category: Financial Press, UnScience

Dissecting the Big Lie (Update)

This weekend, the Washington Post published the follow up piece to the Nov 5th Big Lie column. I supplemented that with a run of charts to illustrate the facts I cited. The pushback continues from the usual sources. We can group folks repeating the faux arguments into 3 distinct categories. Some of these reveal disturbing…Read More

Category: Markets, Politics, Psychology, UnScience

Global Warming Denier Turns Out to Be Sacha Baron Cohen in Character

Craig Reucassel interviews comedy genius Sacha Baron Cohen in character as his latest creation: climate skeptic Lord Christopher Monckton From boingboing: Australian comedy-news program The Hamster Wheel covers archconservative British politician Christopher Monckton, 3rd Viscount Monckton of Brenchley, a Thatcherite climate denier, and former editor for The Sunday Telegraph and other right-wing papers. The Hamster…Read More

Category: UnScience, Weekend

The Big Lie (Previews & Edits)

Whenever I go off on a rant when writing some critical polemic screed, I try not to edit myself. Just get it all out in print, and we can worry about editing down for style and clarity later. That works especially well if you, as a writer, have a some idea of where you want…Read More

Category: Bailouts, Really, really bad calls, UnGuru, UnScience

The Tragedy of Steve Jobs

As a longstanding Apple fanboy (circa 1989), I have been following the outpouring of love and affection for Steve Jobs with great interest. I watched the 60 Minutes interview with Steve Jobs’ biographer last night (video here), and I was aghast at something I learned: After Jobs learned of his pancreatic cancer, he delayed surgery…Read More

Category: Technology, UnScience

Does Water Have Memory? (No)

The answer is No — this appears to be a thoroughly disproven concept.

Hat tip @Lippard for the correction

Water — just a liquid or much more? Many researchers are convinced that water is capable of “memory” by storing information and retrieving it. The possible applications are innumerable: limitless retention and storage capacity and the key to discovering the origins of life on our planet. Research into water is just beginning.

Join Oasis HD Facebook page for more exclusive videos

Category: UnScience, Video

A Map of Organized Climate Change Denial

Discuss: > Source:: A Map of Organized Climate Change Denial NYT, October 2, 2011

Category: UnScience

You’re ‘Confusing Our Viewers’ On Climate Change

Just days after Hurricane Irene swept up the East Coast, causing massive flooding in Vermont and leading to almost 40 deaths, Fox Business Network personality Charles Payne just had to ask, is global warming really to blame?

His guest, Bill Nye “The Science Guy,” said there is evidence to suggest it is a result of global warming, but that climatologists will need more time to fully connect the dots. Nye went on to lay out in plain terms some of the facts of climate change, including rising temperatures in the Pacific ocean. The two debated a Newsweek story claiming radical weather is the “new normal,” with Payne asking Nye if that was “irresponsible, or is there any science behind it?”

Well, Nye said, “there’s a lot more science behind it than saying it’s not.”

“The world is getting warmer,” he added. “Everybody, the world is getting warmer.” Nye went on to give some context to former Vice President Al Gore’s remarks comparing global warming skepticism to 20th century racism before Payne said, “you’re confusing our viewers.”

Watch the video:

You’re ‘Confusing Our Viewers’ On Climate Change
Talking Points Memo

Category: Really, really bad calls, UnScience, Video

War on Knowledge

Category: UnScience, Weekend