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Default So much for global warming . . .

Capt. JG wrote:
"katy" wrote in message
. com...
KLC Lewis wrote:

Remove the money and power from the "global warming" issue and let's see
just how much "concern" remains.


At the present time, Environmental Science is being taught from an
economics standpoint in both high school and colleges in the US. That
conbtributes to the problem and obfuscates the real science that should be
studied.



Not at all. It's a reality-based approach. Environmental Science is
integrally linked to economics. Wasn't that an argument in this thread? If
you take the money away, the problem will go away, right?


Well it seems that Free Enterprise is recognizing the economic impact of
GW. Insurance companies are feeling its sting. See below article. I
think this argues for (proves?) an economic link. And since insurance
agencies are essentially in the business of predicting the future
(actuarial tables) then I would think they would represent the free
markets best predictions.

AIG Adopts Policy on Climate Change

May 17, 2006

American International Group has joined the ranks of major insurers
committed to doing something about the increased risks the industry
faces due to climate change.
Advertisement


In a newly issued statement, the company said it "is actively seeking to
incorporate environmental and climate change considerations across its
businesses, focusing on the development of products and services to help
AIG and its clients respond to the worldwide drive to cut greenhouse gas
(GHG) emissions."

Companies such as Munich Re and Swiss Re have long endorsed programs and
research aimed at finding solutions to what increasingly appears to be a
major threat facing the worldwide insurance community. AIG would appear
to be the first major U.S.-based insurer to do so.

"Climate change is increasingly recognized as an ongoing, significant
global environmental problem with potential risks to the global economy
and ecology, and to human health and wellbeing," the statement
continued. "AIG recognizes the scientific consensus that climate change
is a reality and is likely in large part the result of human activities
that have led to increasing concentrations of greenhouse gases in the
earth's atmosphere. At the same time, market-based environmental
policies and potential new investments provide business opportunities
for AIG to address the problem. We will pursue these new opportunities
where we have the expertise and capacity to do so in ways that mutually
benefit AIG, its shareholders, employees, customers, and the global
community."

The full text is available on AIG's Website - www.aig.corporate.com, but
it's not prominently displayed. Locate "Corporate Responsibility, "
under that "environmental initiatives," go to the bottom to "Environment
and Climate Change."
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Default So much for global warming . . .


"Dave" wrote in message
...
On Fri, 09 Jan 2009 07:52:42 -0500, hpeer said:

AIG Adopts Policy on Climate Change


And we all know how good AIG is at making economic decisions. g


I was leaning toward that response myself. lol


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Default So much for global warming . . .


wrote in message
...
On Fri, 9 Jan 2009 10:11:49 -0600, "KLC Lewis"
wrote:


"Dave" wrote in message
. ..
On Fri, 09 Jan 2009 07:52:42 -0500, hpeer said:

AIG Adopts Policy on Climate Change

And we all know how good AIG is at making economic decisions. g


I was leaning toward that response myself. lol


You are leaning because you are not well supported.


Yes, AIG is the very model of fiscal responsibility. Uh huh.


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Default So much for global warming . . .

"Dave" wrote in message
...
On Fri, 09 Jan 2009 07:52:42 -0500, hpeer said:

AIG Adopts Policy on Climate Change


And we all know how good AIG is at making economic decisions. g



So because they made bad decisions in one segment of their business, that's
supposed to mean that they're incompetent in others?

--
"j" ganz @@
www.sailnow.com





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Default So much for global warming . . .

"Dave" wrote in message
...
On Fri, 9 Jan 2009 10:18:51 -0800, "Capt. JG"
said:

AIG Adopts Policy on Climate Change

And we all know how good AIG is at making economic decisions. g



So because they made bad decisions in one segment of their business,
that's
supposed to mean that they're incompetent in others?


It certainly doesn't support the opposite conclusion.



You made the claim that AIG shouldn't be trusted with their actuarial
decisions because they embraced credit default swaps? That's just dumb.

--
"j" ganz @@
www.sailnow.com



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Default So much for global warming . . .

"Dave" wrote in message
...
On Fri, 9 Jan 2009 10:59:13 -0800, "Capt. JG"
said:

You made the claim that AIG shouldn't be trusted with their actuarial
decisions because they embraced credit default swaps? That's just dumb.


Better go back and read the original post again, Jon. It isn't talking
about
actuarial decisions.

How many of the actuarial exams have you passed?



It's talking about all of AIGs supposed "bad decisions." You're basing your
condemnation of AIG on false data and supposition.

--
"j" ganz @@
www.sailnow.com



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Default So much for global warming . . .


wrote in message
...
On Fri, 9 Jan 2009 10:18:51 -0800, "Capt. JG"
wrote:

"Dave" wrote in message
. ..
On Fri, 09 Jan 2009 07:52:42 -0500, hpeer said:

AIG Adopts Policy on Climate Change

And we all know how good AIG is at making economic decisions. g



So because they made bad decisions in one segment of their business,
that's
supposed to mean that they're incompetent in others?


Pop quiz: In the past 20 years, who made more money, AIG or Dave and
Karen?


If AIG had actually made money, it wouldn't have needed bailing out by the
Federal Gummit. Here's someone else who actually did make a bundle: Bernie
Madoff. Yup, he made so much more money than me that we're not even in the
same financial galaxy. On the other hand, I can look at myself in the
mirror, even if I end up asking people if they want to supersize their
order.



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Default So much for global warming . . .

On Fri, 9 Jan 2009 17:14:34 -0600, "KLC Lewis"
wrote:


wrote in message
.. .
On Fri, 9 Jan 2009 10:18:51 -0800, "Capt. JG"
wrote:

"Dave" wrote in message
...
On Fri, 09 Jan 2009 07:52:42 -0500, hpeer said:

AIG Adopts Policy on Climate Change

And we all know how good AIG is at making economic decisions. g


So because they made bad decisions in one segment of their business,
that's
supposed to mean that they're incompetent in others?


Pop quiz: In the past 20 years, who made more money, AIG or Dave and
Karen?


If AIG had actually made money, it wouldn't have needed bailing out by the
Federal Gummit. Here's someone else who actually did make a bundle: Bernie
Madoff. Yup, he made so much more money than me that we're not even in the
same financial galaxy. On the other hand, I can look at myself in the
mirror, even if I end up asking people if they want to supersize their
order.



Getting a bailout is just their latest way of making money,
sweetheart.

No thanks on the supersize. I don't eat that crap.

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Default So much for global warming . . .


"KLC Lewis" wrote in message
et...

wrote in message
...
On Fri, 9 Jan 2009 10:18:51 -0800, "Capt. JG"
wrote:

"Dave" wrote in message
...
On Fri, 09 Jan 2009 07:52:42 -0500, hpeer said:

AIG Adopts Policy on Climate Change

And we all know how good AIG is at making economic decisions. g


So because they made bad decisions in one segment of their business,
that's
supposed to mean that they're incompetent in others?


Pop quiz: In the past 20 years, who made more money, AIG or Dave and
Karen?


If AIG had actually made money, it wouldn't have needed bailing out by the
Federal Gummit. Here's someone else who actually did make a bundle: Bernie
Madoff. Yup, he made so much more money than me that we're not even in the
same financial galaxy. On the other hand, I can look at myself in the
mirror, even if I end up asking people if they want to supersize their
order.



You must know Joe of "Red Cloud" infamy?

He's a fry cook at Mickey D's. Had to go begging for his job back after his
coffee import trip sunk after he prematurely abandoned ship.

Now he has dreams of supersizing a boat to carry and sink an entire
container of coffee.

Too bad he doesn't work on his paucity of sailing know-how instead.


Wilbur Hubbard




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