One can only note the irony that on the day that Global warming activist Al Gore is supposed to testify before the Senate Foreign Relations committee, a huge snowstorm is expected which may delay the hearings.

According to a Drudge report: “I can’t imagine the Democrats would want to showcase Mr. Gore and his new findings on global warming as a winter storm rages outside,” a Republican lawmaker emailed the DRUDGE REPORT. “And if the ice really piles up, it will not be safe to travel.”

With more and more data coming out that the world is actually cooling, global warming fans have changed their mantra to ‘climate change.’ Nice way to hedge your bets.

What none of them admit though, is that none of this is man made. It’s the pinnacle of human arrogance to think that we are creating all of these problems. The earth has been around much longer than the 60 or so years that Gore has graced this earth, and the earth has warmed and cooled, and been through all kinds of climate change, long before industry polluted and SUV’s were created.

Maybe the forecasted snowfall to rain on the Gore parade, is God showing us his sense of humor?

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With global warming hysteria losing steam daily, as more and more data emerges that the earth has been cooling for the last decade, an Alaska critic of the Nobel Prize winner’s theory decided to make an ice statue of the former VP.

KTUU is reporting:” Local businessman Craig Compeau unveiled the frozen likeness on Monday. The 8 1/2-foot-tall, 5-ton sculpture dominates a downtown street corner from its perch on the back of a flatbed truck. Compeau says he’s a “moderate” critic of global warming theories. He used Monday’s unveiling of the sculpture to invite Gore to Fairbanks — where it was 22 degrees on Monday — to explain his global warming theories.”

With actual global cooling this statue could actually stay around for a while.

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Hey Al Gore? What happened to the polar Ice caps melting by the end of ‘08? Hate to inform you but not only didn’t they melt, they are back to the same level as in 1979! What do you have to say about that?

In an article in Daily Tech, “Thanks to a rapid rebound in recent months, global sea ice levels now equal those seen 29 years ago, when the year 1979 also drew to a close.

Ice levels had been tracking lower throughout much of 2008, but rapidly recovered in the last quarter. In fact, the rate of increase from September onward is the fastest rate of change on record, either upwards or downwards.”

Basically, this whole global warming hysteria is a big money grad and way to redistribute the wealth. I saw a funny comment by mjcutri, which sums up how crazy this whole issue is. Because the US added polar bears to the protected species list due to the supposed melting of the ice, mjcutri says, ” Well, now that the sea ice is increasing, the polar bears are going to have better access to seals now. We must put seals on the protected species list to prevent their slaughter by the polar bears…”

He hit it on the head.

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Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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Not that I enjoy saying bad things about my hometown of Seattle, Wa. but when it comes to politics, most residents of the city are just plain nuts. It’s no wonder that the largest city in a state that was once dubbed, ” the 47 states and the Soviet of Washington,” is so far off to left that even great news, can be spun into catastrophe. That’s exactly what happened in yesterday’s Seattle-PI. In a very telling headline the question is asked, “The Money Squeeze: Is cheaper gas bad news?”

Huh?

What a stupid question. Of course it’s good news, if consumers can save 30% of their gas bill, can you explain to me why that’s bad?  I know it’s bad for environmentalists, and all those who drink the Al Gore Kool-Aid. After all it just goes to show that crude-oil is king, and alternative energy sources like  wind, solar, fully pumped tires, are all prohibitively expensive and fall by the wayside as crude prices fall. What happened to the whole alternative energy craze?  Funny what $65/barrel oil can do!

According to the PI article: ” When prices at the pump surged this summer, maintenance technician Taylor Morgan decided to change the way he got to the downtown Seattle office building where he works. He started taking a bus from his South Seattle home a couple of days a week. And he told his wife that the bimonthly trips to see family in British Columbia had to be cut to once or twice a year. On Friday, Morgan said he was happy to be driving his Honda Accord to work every day again. He stood pumping gasoline at a 15th Avenue West Chevron station, where the price for regular had dropped to $2.99 per gallon.

“Things are getting back to normal,” he said. “But with the crazy price changes, you can’t really be sure. It’s really confusing.”

Morgan and other baffled consumers are far from alone. With markets exceptionally volatile, even the region’s top economists can’t say whether gas prices will continue to fall or rocket again.”

Excuse me. What’s confusing about gas prices dropping rapidly? Why is it an issue if economists can’t predict the future? I don’t hear anyone crying over the fact that 6 months ago most ‘economists’ where predicting $5 per gallon. Nice call!

Heck, maybe just maybe the cheaper oil will mean salvation for the near bankrupt US car industry. Instead of another government bailout, maybe cheaper prices at the pump will help jump-start new sales.

Please see our Disclaimer HERE.

Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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