Public News #30

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TO THE REPUBLIC

THREE KINDS OF LIES commentary by Bart Pearston bart.pearston@publicnewsonline.com

Back in May of 2012, I remember Facebook was offering an IPO for about $35 a share. The “experts” the week before predicted the price was overvalued and the stock lost $50 Billion that summer because so many people believed their “statistics’. Well, the stock just passed $94 a share this week based on global popularity explosiveness. Imagine investing $35,000 (1,000 shares) 3 years ago and it now being worth $94,000 after a 2015 that has actually shown a loss for all three major indices. A 175% profit. The primary reason: investors Bart Pearston believed the scare stats. I’m sure they feel like Chicken Little now.

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amounts of money on global warming.” So what does one do when even “experts” say contradictory things? The “new normal” seems to be to hurl epithets. Can they actually call a Nobel Physicist like Giaever a “denier” when he has scientific evidence and statistics to support his statements? The best advice I can give anyone, as “Deep Throat” told Woodward and Bernstein in the Watergate Scandal, is to “Follow the Money”. This is especially true when it involves the government. When I hear those like Joe Bastardi submit reams of evidence and write columns like “All this for .01 degrees?” and is slanderously and summarily accused of “meteorological malpractice” by extreme partisan groups like “Think Progress”, I cringe. My college debate team prof told me, “the use of epithets is the waving of the white flag by the other side”.

The newest Clean Power Plan will supBloomberg Business reported this week posedly decrease our on the failure that emissions by 35% the much heralded according to the “ex“There are 3 kinds of lies: Lies, “WallPower” batteries perts”. The President that the new technolclaims that such events damn lies, and statistics” ogy groupies of Elon as the “doubling of Musk at Tesla are just ~Mark Twain Asthma” is clear for backup power, evidence of the need and meant to expedite to implement such drastic measures. But even the sales of Solar Panels, subsidized by tax the “experts” show these steps will reduce credits. That plan coincidentally ends this Deglobal temps less than .01 degrees. The same cember. The original plan offering “rebates” “scientific community” consensus agrees that up to 30% has been as big a disappointment the .08 degrees increase since recording global as Tesla’s overpriced electric cars. The avertemp averages may not even be primarily age price was over $71K, and they lost $50 caused by man-made carbon emissions. million on those. The “new” batteries are heavily tax break funded attempts to recoup Nobel Prize winning physicist and 2008 that endeavor. What we have here is just an Obama endorser, Dr. Ivar Giaever, stated end-around for the “Cap and trade” bill that Obama is “dead wrong” and that climate was rejected 5 years ago. change is a “non-problem”. He went on to state in his speech at a Nobel Prize forum on One can get easily cognitive dissonance the subject on July 1st that, “Global warming from the statistics in the debate, so may I recreally has become a new religion.” and, “I am ommend you look at who stands to gain from worried very much about the [UN] conference the proposal. In President Obama’s new plans, in Paris in November...I think that the people it seems rather obvious. This is yet another who are alarmist are in a very strong position.’ unnecessary expensive government overreach “We have to stop wasting huge, I mean huge which won’t help the average American.

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