Thursday, August 04, 2005

Biggest Ice Shelf Collapse In 10,000 Years As Exxon’s Public Relations Scientists Continue To Say “Global Warming” Data Is Inconclusive.

In more news from The Independent, research by scientists at Hamilton College in New York has concluded that the disintegration of the massive Larsen B ice shelf in Antarctica was unprecedented geological event in the last 10,000 years. The collapse of the Ice Shelf, ranging 1,255 miles, roughly the size of Luxembourg, has not happened on this scale since the end of the last Ice Age.


The break up of the ice shelf, first discovered by a NASA satellite, has dumped more than 50 billion tons of ice into the sea. Researchers have measured an average increase of temperatures of 2.5 degrees Celsius over the past 50 years, and the overwhelming majority of scientists believe the rise in temperature is linked to global warming exacerbated by man-made pollution.

One organization that refutes the global warming charge, is the Competitive Enterprise Institute, which received $465,000 in 2003 from Exxon-Mobil. In an interview at their headquarters in Irving, Texas, Exxon’s chairman and chief executive Lee Raymond said, “We're not playing the issue. I'm not sure I can say that about others.”

5 Comments:

Blogger MiamiMiami said...

Read this and you'll understand what stupidity this global warming is.

http://www.junkscience.com/MSU_Temps/Kyoto_Count_Up.htm

6:52 PM  
Blogger MiamiMiami said...

While it has nothing to do with the actual subject I figured you would appreciate it none the less...

Press Release Source: Premiere Radio Networks

Rush Limbaugh Continues to Consistently Beat Liberal Talkers at Ratings Game
Monday July 25, 9:13 pm ET
- Numbers Don't Lie -

LOS ANGELES, July 25 /PRNewswire/ -- According to the Arbitron Spring 2005 ratings survey for Boston, San Francisco, Sacramento, and Washington D.C., Mr. Rush Limbaugh consistently continues to beat liberal talkers. In Boston, Mr. Rush Limbaugh's Persons 12+ audience is 16 times larger than Mr. Al Franken's audience and for Adults 25-54, his audience is 11 times greater than Mr. Franken's. Heard Monday through Friday on WRKO-AM from noon - 3 p.m., "The Rush Limbaugh Show" scored, among Persons 12+, a 4.5 share with an average quarter-hour audience of 34,200 listeners. Among Adults 25-54, he has a 3.5 share with an average quarter-hour audience of 14,800 listeners. Mr. Al Franken, who airs at the same time on WKOX-AM in Boston, has a Persons 12+ share of 0.3 with an average quarter-hour audience of 2,100 listeners. With Adults 25-54, he has a 0.3 share with an average quarter-hour audience of 1,300 listeners. Mr. Jerry Springer also airs on WKOX-AM, but his audience totals did not meet the minimum reporting standard set for that market by Arbitron.
In addition to Mr. Limbaugh and Mr. Franken, below are numbers for liberal talker Mr. Ed Shultz, who broadcasts in a different timeslot:




Host Share Avg. Quarter Hour Rank (all AM/FM
(Persons 12+) (Persons 12+) programming-
persons 12+)
Rush Limbaugh 4.5 34,200 8
Al Franken 0.3 2,100 43
Ed Shultz 0.3 2,300 43

Host Share Avg. Quarter Hour Rank (all AM/FM
(Adults 25-54) (Adults 25-54) programming-
adults 25-54)
Rush Limbaugh 3.5 14,800 11
Al Franken 0.3 1,300 44
Ed Shultz 0.4 1,800 35


In San Francisco, "The Rush Limbaugh Show" is heard Monday through Friday on KSFO-AM from 9 a.m. - noon and scored a Persons 12+ share of 5.2 with an average quarter-hour audience of 57,100 listeners. Among Adults 25-54, he holds a 2.7 share with an average quarter-hour audience of 17,100 listeners. Mr. Franken, who airs at the same time on KQKE-AM, scored among Persons 12+ a 1.9 share with an average quarter-hour audience of 21,300 listeners. Among Adults 25-54, his share is 1.5 with an average quarter-hour audience of 9,300 listeners. Mr. Limbaugh's audience is nearly triple the size of Mr. Franken's audience for Persons 12+.

In addition to Mr. Limbaugh and Mr. Franken, here are the numbers for Mr. Shultz, who broadcasts at a different time:




Host Share Avg. Quarter Hour Rank (all AM/FM
(Persons 12+) (Persons 12+) programming-
persons 12+)
Rush Limbaugh 5.2 57,100 3
Al Franken 1.9 21,300 19
Ed Shultz 1.4 14,600 25

Host Share Avg. Quarter Hour Rank (all AM/FM
(Adults 25-54) (Adults 25-54) programming-
adults 25-54)
Rush Limbaugh 2.7 17,100 10
Al Franken 1.5 9,300 24
Ed Shultz 0.7 4,500 34


In Sacramento, "The Rush Limbaugh Show," heard Monday through Friday from 9 a.m. - noon on KFBK-AM, is the #1 radio show in the timeslot for Persons 12+. Mr. Limbaugh scored a Persons 12+ share of 9.9 with an average quarter- hour audience of 32,800 listeners. Among Adults 25-54, he has a 5.8 share with an average quarter-hour audience of 11,400 listeners. Mr. Franken, who airs at the same time on KSAC-AM, scored among Persons 12+ a 1.2 share with an average quarter-hour audience of 4,100 listeners. Among Adults 25-54, his share is 1.0 with an average quarter-hour audience of 1,900 listeners. Mr. Shultz does not have an affiliate in this market.

Mr. Limbaugh wins again in Washington D.C. as he draws six times more audience than Mr. Franken. "The Rush Limbaugh Show," heard Monday through Friday on WMAL-AM from noon - 3 p.m., scored a Persons 12+ share of 5.1 with an average quarter-hour audience of 35,500 listeners. Among Adults 25-54, he holds a 2.7 share with an average quarter-hour audience of 11,000 listeners. Mr. Franken, who airs at the same time on WWRC-AM, scored among Persons 12+ a 0.9 share with an average quarter-hour audience of 5,900 listeners. Among Adults 25-54, his share is 0.6 with an average quarter-hour audience of 2,400 listeners.

In addition to Mr. Limbaugh and Mr. Franken, here are the numbers for Mr. Shultz, who broadcasts at a different time:




Host Share Avg. Quarter Hour Rank (all AM/FM
(Persons 12+) (Persons 12+) programming-
persons 12+)
Rush Limbaugh 5.1 35,500 3
Al Franken 0.9 5,900 27
Ed Shultz 0.4 2,900 34

Host Share Avg. Quarter Hour Rank (all AM/FM
(Adults 25-54) (Adults 25-54) programming-
adults 25-54)
Rush Limbaugh 2.7 11,000 14
Al Franken 0.6 2,400 34
Ed Shultz 0.4 1,700 36


Known as the media pundit who reshaped the political landscape with his entertaining and informative brand of conservatism, Mr. Limbaugh is also widely credited with resuscitating AM radio by many industry experts.


Source: Premiere Radio Networks

7:20 PM  
Blogger MiamiMiami said...

WHile I am at it. How about those employment numbers!!!!

Reuters Friday August 5, 2005
Updates market reaction, adds Wall Street poll, consumer credit report)

By Tim Ahmann

WASHINGTON, Aug 5 (Reuters) - U.S. job growth picked up last month as employers added 207,000 workers to their payrolls, a healthy gain that led Wall Street to increase bets on more rate rises from the Federal Reserve.

The Labor Department's July employment report on Friday showed the jobless rate steady at June's rate of 5 percent, the lowest since September 2001, and revised up the job count for May and June.

"This is a crystal clear indication that the labor markets are very healthy and it reinforces the notion that the economy is growing in a healthy, sustainable way," said Dana Johnson, chief economist at Comerica in Detroit.

The Fed, which has raised the benchmark overnight lending rate at each of its last nine meetings, is widely expected to bump it up another quarter-percentage point to 3.5 percent when officials gather on Tuesday.

Financial markets see rates at 4 percent by year end. But July's solid employment growth, which was driven by the service sector and outstripped Wall Street forecasts for 183,000 new jobs, led some to bet they could move even higher.

"The Fed is going to keep chugging along," said Robert MacIntosh, chief economist at Eaton Vance Management in Boston.

All 22 banks that deal directly with the Fed saw a quarter-point rise next week, according to a Reuters poll conducted after the jobs data. Only two anticipated a pause in September. In a late-June survey, eight thought the Fed might hold steady in September.

Prices for U.S. government bonds tumbled on expectations of more rate rises, with yields surging to their highest level since mid-April. The dollar posted broad-based gains while U.S. stocks fell on worries about higher rates.

If the rise in long-term borrowing costs proves lasting, it could spell trouble for indebted consumers.

A Fed report issued later on Friday showed U.S. consumer credit rose an unexpectedly large $14.51 billion in June, the biggest jump in eight months, as both credit card use and closed-end lending surged.

The Bush administration hailed the employment report as a sign of the economy's vigor. "This shows that the fundamentals of our economy are strong and that we are continuing on a positive path of growth and prosperity," U.S. Treasury Secretary John Snow said in a statement.

While some economists thought the jobs data might be skewed by Hurricane Dennis, which battered the Florida panhandle in mid-July, the department said the storm appeared to have no discernible impact on the figures.

An upward revision of 42,000 to the combined job count for May and June contributed to the report's solid tenor. The new data showed 166,000 workers added in June and 126,000 in May.

The stronger job growth last month pushed this year's average monthly payroll gain to 191,000, a pace economists see as strong enough to slowly tighten the labor market.

The factory sector, which shed 4,000 workers last month, was one of the only weak spots. However, the Labor Department noted that an 11,000-job drop in auto manufacturing reflected larger-than-normal temporary plant shutdowns for retooling.


STRONG ECONOMY = HIGHER RATES

The report was the latest in a string of strong data and the last significant piece of economic news before Fed policy-makers meet next week.

Average hourly earnings shot up six cents, or 0.4 percent, in July -- the biggest rise in a year. However, earnings are up just 2.7 percent over the past 12 months, suggesting wages have yet to become a big inflationary concern.

"As far as the Fed is concerned, payrolls growth is probably just about right -- not too hot and not too cold," Paul Ashworth of Capital Economics told clients in a research note.

Job growth was tepid at construction firms, which brought on just 7,000 new workers, but was strong on the service side of the economy.

Retailers added 50,000 workers, the biggest gain in that sector since April 2000. The strong retail hiring in part reflected growth at automobile dealers coping with a surge of shoppers enticed by special sales incentives.

Professional and business service firms, education and health service employers and the leisure and hospitality industry all exhibited robust hiring.

In another spot of bright economic news, the independent Economic Cycle Research Institute said on Friday its leading index of the U.S. economy rose to a 12-week high last week. ECRI said the index suggested prospects for U.S. economic growth were improving gradually.

7:04 PM  
Blogger Alva Goldbook said...

Miami,
I have no problem with posting whatever you wish here. However, I would like to respectfully request that your replys have something to do with the subject of my post. Thanks.

12:02 AM  
Blogger MiamiMiami said...

Well I was hoping that you were going to start bashing the economy again but...oh you can't. Sorry I should have been more considerate in your time of grief. Sorry I apologize.

I forgot that those good news numbers were bad news for the Bush-haters in this country.
Please accept my apologies.

4:18 AM  

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