January 2010, warmest in 32 years

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The sea level has been rising and falling over the last 2,500 years

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"Rising and falling sea levels over relatively short periods do not indicate long-term trends. An assessment of hundreds and thousands of years shows that what seems an irregular phenomenon today is in fact nothing new," explains Dr. Dorit Sivan, who supervised the research.*

 The sea level in Israel has been rising and falling over the past 2,500 years, with a one-meter difference between the highest and lowest levels, most of the time below the present-day level. This has been shown in a new study supervised by Dr. Dorit Sivan, Head of the Department of Maritime Civilizations at the University of Haifa. "Rises and falls in sea level over relatively short periods do not testify to a long-term trend. It is early yet to conclude from the short-term increases in sea level that this is a set course that will not take a change in direction," explains Dr. Sivan.

The rising sea level is one of the phenomena that have most influence on humankind: the rising sea not only floods the littoral regions but also causes underground water salinization, flooded effluents, accelerated coastal destruction, and other damage.

According to Dr. Sivan, the changing sea level can be attributed to three main causes: the global cause – the volume of water in the ocean, which mirrors the mass of ice sheets and is related to global warming or cooling; the regional cause – vertical movement of the earth's surface, which is usually related to the pressure placed on the surface by the ice; and the local cause – vertical tectonic activity. Seeing as Israel is not close to former ice caps and the tectonic activity along the Mediterranean coast is negligible over these periods, it can be concluded that drastic changes in Israel's sea levels are mainly related to changes in the volume of water.

In the present study, in light of earlier studies, research student Ayelet Toker and Dr. Sivan, set out to examine Israel's sea level over the past 2,500 years, based on data deduced from many coastal archaeological findings. They made a careful selection of findings that have been reliably and accurately dated, and first focused on findings that were excavated by the Antiquities Authority in Acre of the Crusader period.

These revealed that the sea level during the:

• Crusader period – just 800 years ago – was some 50-90 centimeters lower than the present sea level. Findings from the same period at Caesarea and Atlit reinforced this conclusion. 

When additional sites were examined from periods before and after the Crusader period, it was revealed that there have been significant fluctuations in sea level: 

• During the Hellenistic period, the sea level was about 1.6 meters lower than its present level; 
• during the Roman era the level was almost similar to today's; 
• the level began to drop again during the ancient Muslim period, and continued dropping to reach the same level as it was during the Crusader period; 
• but within about 500 years it rose again, and reached some 25 centimeters lower than today's level at the beginning of the 18th century.

"Over the past century, we have witnessed the sea level in Israel fluctuating with almost 19 centimeters between the highest and lowest levels. Over the past 50 years Israel's mean sea level rise is 5.5 centimeters, but there have also been periods when it rose by 10 centimeters over 10 years. That said, even acute ups and downs over short periods do not testify to long-term trends.

An observation of the sea levels over hundreds and thousands of years shows that what seems a phenomenon today is as a matter of fact "nothing new under the sun", Dr. Sivan concludes.

The economy is in recovery? Think again.

Paul B. Farell published this scary scenario on 20 reasons the global Debt time bomb will explode soon.  Make sure you also look at the commentaries Source 

Here's one: Paul Farrell paints a frightening picture; but on every one of his ticking time-bombs, he has put his finger on something real. In our nation today, there isn't even enlightened self-interest any more, let alone a concern for the common good! And that spells catastrophe." - Philo

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Feb. 2, 2010, 12:01 a.m. EST

20 reasons Global Debt Time Bomb explodes soon

Commentary: Which trigger will ignite the Great Depression II?

By Paul B. Farrell, MarketWatch

ARROYO GRANDE, Calif. (MarketWatch) -- Retire? You can fuggetaboutit if the new Global Debt Time Bomb is detonated by any one of 20 made-in-America trigger mechanisms. 

 Yes, 20. And yes, any one can destroy your retirement because all 20 are inexorably linked, a house-of-cards, a circular firing squad destined to self-destruct, triggering the third great Wall Street meltdown of the 21st century, igniting the Great Depression II that George W. Bush, Ben Bernanke, Henry Paulson and now President Obama have simply delayed with their endless knee-jerk, debt-laden wars, stimulus bonanzas and bailouts.

Wow, what an epic Hollywood blockbuster this will make: You know the drama, can't miss the warnings. The financial press is flooding us with plot lines ... a Forbes cover story focuses on a "Global Debt Bomb: How It Could Wreck Your Life" ... Leaders at the World Economic Forum on Swiss Mt. Davos fear another global meltdown will trigger mass rebellions ... The Economist calls the plot a "Global Asset Bubble," with cheap money fast driving up asset prices.
Plus, Bloomberg BusinessWeek is adding jet fuel to the ticking time-bomb in: "After the Stimulus Binge, a Debt Hangover: Trillions of dollars have been spent keeping the global economy afloat. But now fears about the Great Recession are giving way to worries about something else: The Great Reckoning" when massive debts come due. Then the debt bomb explodes "and the results won't be pretty for investors or elected officials."
Forbes discovered the trigger mechanism in "This Time Is Different: Eight Centuries of Financial Folly," by economists Carmen Reinhart and Kenneth Rogoff: The "90% ratio of government debt to GDP is a tipping point in economic growth." For 800 years "you increase it over and beyond a high threshold, and boom!" Well guess what? "The U.S. government-debt-to-GDP ratio is 84%." Soon, Ka-Booom! Depression. Kiss your retirement goodbye.

Who knows? Forbes? Bloomberg BusinessWeek? The Economist? Davos-World Economic Forum? True, they're all looking at the same plot line for a Hollywood blockbuster about the "Global Debt Time Bomb."
But the financial press navigates in a fog. There's not just one, but many triggers, all linked in a lethal network. We've reported on it for years. Now you tell us: What triggers this firestorm?

Poll: 20 economic weapons of mass destruction triggering ticking Global Debt Time Bomb

1. Federal Budget Deficit Bomb. The Bush/Cheney wars pushed America deep into a debt hole. Federal debt limit was just raised almost 100% with Obama's 2010 budget, to $14.3 trillion vs. $7.8 trillion in 2005. The Congressional Budget Office predicts future deficits around 4% through 2020. Get it? America's debt at 84% of GDP will soon pass that toxic 90% trigger point.
2. U.S. Foreign Trade Bomb. Monthly deficits actually dropped from $50 billion per month to roughly $35 billion. But the total continues climbing as $400 billion is added each year. Foreigners now own $2.5 trillion of America, with China holding over $1.3 trillion in Treasury debt.
3. Weakening U.S. Dollar as Foreign Reserve Currency Bomb. Fear China and other currencies will replace dollar as main foreign reserves. The dollar's fallen: The main index measuring dollar strength has gone from 120 at the Clinton-to-Bush handoff to below 80 today.
4. Cheap Money Bomb: Credit Ratings Down, Rates Up. Economists at S&P, Fitch and Moody's were totally co-conspirators of Fat Cat Bankers, misleading investors before meltdown: Soon, debt up, ratings down, interest rates soar.
5. Global Real Estate Bomb. Dubai Tower, new "world's tallest building" is empty. BusinessWeek warns that China's housing collapse could be worse than America's. Plus the U.S. commercial real estate bubble is now $1.7 trillion, a "ticking time bomb" bloating 25% of bank balance sheets.
6. Peak Oil and the Population Bomb. China and India each need 500 new cities. The United Nations estimates world population exploding 50% from 6 billion to 9 billion by 2050: Three billion more humans demanding more automobiles, exhausting more resources to feed their version of the gas-guzzling "America Dream."
7. Social Security Bomb. We have no choice; eventually we must either cut benefits or raise taxes. Politicians hate both, so they'll do nothing. Delays worsen solutions. Without action, by 2035 Social Security and Medicare benefits will eat up the entire federal budget other than defense.
8. Medicare: A Nuclear Bomb. Going broke faster than Social Security. Prescription drug benefit added an unfunded $8.1 trillion. In 5 years estimates rose from about $35 trillion to over $60 trillion now.
9. Health-care Insurance Bomb. Burden increasingly shifted to employees. Costs rising faster than inflation. Recent Obamacare plan would have cost $90 billion annually, paid to Big Pharma and insurers.
10. State and Local Government Budget Bombs. Deficits of $110 billion in 2010, $178 billion in 2011on top of more that $450 billion in underfunded state and municipal employee pension funds.
11. Underfunded Corporate Pensions Bomb. From $60 billion surplus in 2007 to $409 billion deficit in 2009. And a whopping 92% of the pension plans of companies are now underfunded. Defaults are guaranteed by taxpayers.
12. Consumer Debt Bomb. Americans are still living beyond their means. Even with a downturn, consumer debt rose from about $2.3 to $2.5 trillion. Fat Cat Bankers love it -- yes love making matters worse by gouging cardholders and mortgagees, blocking help in foreclosures and bankruptcies.
13. Personal Savings Bomb. Before the 2008 meltdown savings rate dropped from about 10% in the early 1980s to below zero. Now it's increasing, slowing retail recovery. Today, government's the big "unsaver."
14. War and Military Defense Deficits. Costs of Iraq and Afghanistan wars -- $200+ billion annually, $3 trillion minimum, with massive long-term costs for veteran medical care, equipment renewal, recruitment.
15. Homeland Insecurity Bomb. Security at airports, seaports, borders, vulnerable chemical plants all increase budgets.
16. Fed/Treasury Bailout Bombs. Tax credits, loans, cash and purchase of toxic assets from Wall Street banks estimated at $23.7 trillion as new debt was shifted from too-big-to-fail Fat-Cat banks to taxpayers.
17. Insatiable Washington Lobbyists Bombs. Paulson, Goldman, Geithner, Morgan and Wall Street banks, through their lobbyists and former employees working inside now have absolute power over government spending. Democracy and voters are now irrelevant in America's new corporate-socialism.
18. Shadow Banking: The Derivatives Bomb. Wall Street wants no regulation of this $670 trillion, high-risk, out-of-control casino that's highly leveraged versus the $50 trillion total GDP of all nations. We forget that derivatives almost destroyed global economies in 2008-09, finally will by 2012.
19. Dysfunctional Two-Party Political Bomb. Polarized partisanship increasing: Every day both parties show zero interest in cooperating for the public good. Instead they fight viciously, resisting everything and anything proposed by opponents. Only goal: Score political points, make the other side look bad.
20. The Coming Populous Rebellion Bombs. Nobody trusts anyone in authority. For good reason. So immediate gratification, short-term betting and a lack of long-term perspective wins for individual investors, consumers and taxpayers as well as Washington, Wall Street and Corporate America CEOs. Today: "Doing what's right for the common good and country" is just empty political rhetoric.

Forbes. The Economist. Davos-World Economic Forum. Bloomberg BusinessWeek. All one voice, one loud, lonely chorus echoing that famous Beatles tune: "Head in a cloud ... The fool on the hill, sees the sun going down ... a thousand voices talking perfectly loud. But nobody ever hears him, or the sound he appears to make ... And the eyes in his head, see the world spinning 'round ...ooh, round and round and round."

Historians and behavioral economists tell us most investors are blind optimists. Investors cannot see bubbles from inside their bubble. Nor Fat Cat Bankers from inside their mega-bonus-bubble. Nor politicians from inside the beltway bubble.

Why? The optimist's brain filters out bad news. They know their dreams of prosperity will come true. Then, when they finally do see that the proverbial light at the end of the tunnel is an oncoming train, it's always too late.

I will say it again, gently: A new meltdown is coming. The Great Depression II is coming, soon. And yet, I know your mental filters are working, blocking warnings of a bomb. I can even hear you calling me "the fool on the hill who sees the sun going down, the world spinning round" ... sees you kissing your retirement goodbye.

Tire recycling with microwave

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How about recycling those old scrap tires and recovering oil, steel and carbon, while generating its own electrical power through the use of ultra-clean micro-turbines which, after providing the necessary electrical power directly to the prototype pilot recycling machine, could then feed the remaining electrical energy production into the power grid.

Ever heard of the UHI effect? (Urban Heat Island)

This is the the influence of all the urbanization, cars, road, homes, industries, power plants etc that influence the temperature.  This effect can be very important and you must take good care when comparing temperature measurements to understand if there is global warming or not.

Here's one example (source) of this heat effect.  This graph shows the temperature contrast between a city center and the outskirts.



Where I live, I often see a difference of 5-10 degree C between my home from the city center.