Sunday, April 15, 2007

H.S. Gambling ON Global Warming?

Hey folks,

In the Health and Science segment this week, from Live Science -Gambling on Global Warming Goes Mainstream, By Ker Than.

An MIT meteorologist said three years ago that he would bet money that global average temperatures would cool back down in 20 years. The quote triggered a flurry of Internet dialogues and prompted scientists to challenge each other to make bets on climate-change issues.

One scientist took the wagering meteorologist, Richard Lindzen, up on his bet, but the deal fell apart over a disagreement about odds.

Now, an online gambling service is giving the public a chance to do what scientists have been doing among themselves for years. The service, BetUS.com, announced it will give members a chance to wager on various global warming-related issues.

But scientists warn the odds are designed to part suckers from their cash.

So we now have, or we now KNOW that we have had, scientists betting on Global Warming? Now others are getting into it. Letting YOU bet your money on the non-existent Global Warming event. I told you it’s all about money. Now they are letting YOU bet on it. There is an intersting dynamic at play here. More on that in a second.

BetUS.com spokesman Reed Richards said the company will personally back numerous bets, or "propositions," posted on the website related to global warming. "It’s part of a campaign we’ve been doing for the past two and a half years called ‘pop culture gaming,’" Richards said. "You can wager on things in the headlines."

One bet gives members 1-to-5 odds that scientists will prove global warming exists beyond any scientific doubt by the end of this year. Another gives 100-to-1 odds that polar bears will be extinct by 2010. (A complete list of all the global-warming related bets is listed at the end of this article.)

Richards said "thousands" of people have already placed money on the company’s global-warming bets, with $10 being the average wager.

OK, enough with the Polar Bears already. The pictures are fake, there is no threat to the Polar Bears. {Sigh} But if you people want to lose your money on this garbage, well, it’s yours to lose.

A dozen analysts combed through scientific studies on global warming to create the odds, Richards said.

"This is where the advantage is to the player," Richards said in a telephone interview. "Unlike sports, where there are set formulas and statistics and numbers, these are variables that we can’t anticipate."

A risky wager

Climate scientists disagree that the public has the upper hand. Gavin Schmidt, a climate modeler at NASA’s Goddard Institute for Space Studies (GISS) in New York, said the bets are "designed to part fools from their money."

For example, one of the bets the website offers is 150-to-1 odds that the oceans will rise six inches on average worldwide by the end of the year. "It’s more like a billion to one," Schmidt told LiveScience. "Anyone who puts money on that would be an idiot."

Another bet for the taking has odds of 100-to-1 that Manhattan will be under water by 2012. "Do they have any idea how high the peak of Manhattan is?" Schmidt said. (The highest natural point in Manhattan is 265 feet above sea level)

James Annan, a climate scientist at the Frontier Research Center for Global Change in Japan, said many of the bets are "silly" and mostly of the "Elvis will be found alive and living on the Moon" type.

Then understand this statement. I’ll explain in case you miss it.

However, there is one bet Annan said he might consider. BetUS.com is offering odds of 300-to-1 that humans will find a way to reverse global warming so efficiently that global freezing becomes a factor by 2020.

That’s right folks, let’s say you buy into the whole Global Warming thing. We work hard at reversing it. All those people are now out of the insane amount of money they have gotten use to taking in . Now what? We will then have to work on continued control and support, or the world will FREEZE!! These people are idiots. The Chicken Little Crowd. If you follow these people, you need metal help.

"This is really more technological and political speculation than climate science," Annan said. For example, scientists could achieve this chilling effect by injecting enough sun-blocking dust into the atmosphere or placing a large sunshade in space.

"300-to-1 might make this worth considering, I suppose," Annan said.

{Laughing}

Scientists do it

While new to most of us, betting on global warming is old hat to some scientists.

In 2005, Annan offered to take Lindzen, the MIT meteorologist, up on his bet that global temperatures in 20 years will be cooler than they are now. However, no wager was ever settled on because Lindzen wanted odds of 50-to-1 in his favor. This meant that for a $10,000 bet, Annan would have to pay Lindzen the entire sum if temperatures dropped, but receive only $200 if they rose.

"Richard Lindzen’s words say that there is about a 50 percent chance of [global] cooling," Annan wrote about the bet. "His wallet thinks it is a 2 percent shot. Which do you believe?"

I do not believe ANY OF IT. There is NO science involved in this whole Global Warming mess. NONE!

Soon after, however, Galina Mashnich and Vladimir Bashkirtsev, two Russian solar physicists who argue global temperatures are driven by changes in the Sun’s activity, agreed to Annan’s bet.

What a novel concept. Earth temperatures controlled by the Sun. WOW! It goes on to say that you win or lose based on what the Government says. They have to release a report stating that it is fact, beyond any doubt.

Now here is that dynamic I was talking about. Think about it for a second. Have you ever place a bet on sports, or anything for that matter? What do you do? You ROUTE for whatever you bet on to come through. If someone places a bet on Global Warming, they would then be kind of hard to convince that it does not exist. They have money riding on the fact it does. They are even ROUTING for it. This is just more of the same old, although very interesting method, quest to get more and more of you to buy into the whole joke. All about money folks. It is ALL about money.
Peter

Source:
Live Science -Gambling on Global Warming Goes Mainstream

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