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#1
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posted to rec.boats.cruising
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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." |
#2
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posted to rec.boats.cruising
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![]() "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 |
#3
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posted to rec.boats.cruising
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![]() 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. |
#4
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posted to rec.boats.cruising
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Dave wrote:
On Fri, 09 Jan 2009 11:57:10 -0500, said: Doing any upgrades on GF this winter? Nah. Mostly maintenance. Disassembled the boom to reattach a block on the outhaul car, replace the depth sounder because the display finally gave up the ghost, replace the pump in the FW system, etc., etc. My pump starting acting up this year too! Cheers Martin |
#5
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posted to rec.boats.cruising
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"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 |
#6
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posted to rec.boats.cruising
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"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 |
#7
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posted to rec.boats.cruising
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"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 |
#8
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posted to rec.boats.cruising
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![]() 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. |
#9
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posted to rec.boats.cruising
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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. |
#10
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posted to rec.boats.cruising
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![]() "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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