Your Questions About Paper Trading Futures

Charles asks…

Is The Government Interfering To Much In Medicine?

Are many doctors or future doctors being discourage to continue practicing medicine because of the out of control restrictions and regulations that the government made for physicians to abide by? It seems that more doctors are becoming “paper pushers” then practicing in the trade that they’ve chosen in medicine!

John answers:

A medical license in today’s world means nothing.

And to those who say Obamacare will be great, ever wonder why pharmaceutical companies love the law so much they spend $150 million just to lobby for it?

Thomas asks…

Where I can found information about the future on zinc?

I have to do a paper on that and I can’t find where it is traded

John answers:

Internet

Linda asks…

what do you think about the new world order?

some people think it’ in the near future but it’s already in place soon money is just paper it will mean nothing. the mark of the beast is here soon every body will be given a choice take it or not those who take it can buy sale or trade those that don’t ?

John answers:

I liked the Dewey Decimal System better.

Richard asks…

Trades of Mechanical engineering?

I am a junior in high school and my research paper is about a trade based on a job that we would like to have in the future. We have to research the history of the trade and then prove why it will still be around in 20 years and if it will change at all. We then have to create a how-to book with 15 steps and 15 pictures to show an example of the trade we researched. If i am interested in majoring in Mechanical Engineering what are some examples of trades in that field that would be easy for me to do this project on because I have found it very difficult to come up with any.

John answers:

I’m currently studying Mechanical Engineering. There are nearly unlimited possibilities for areas of work if you major in Mechanical Engineering. I think the most obvious area in the next 20 years would be the energy industry. Mechanical Engineers design fuel-efficient cars, cleaner electrical power plants, and even manufacturing processes. I, for example, work in a lab that does research on human joint movement- we apply mechanical engineering technology and principles, combined with other disciplines. I have friends that work for the government designing safer nuclear power systems, that design engines at BMW and Honda, and even a few that work in aviation. I hope these give you a few ideas, if you have more questions, feel free to ask.

Joseph asks…

Will this finally change the minds of the Global warming zealots?

Peer-Reviewed Study Rocks Climate Debate! ‘Nature not man responsible for recent global warming…little or none of late 20th century warming and cooling can be attributed to humans’

Nature not man responsible for recent global warming

Three Australasian researchers have shown that natural forces are the dominant influence on climate, in a study just published in the highly-regarded Journal of Geophysical Research. According to this study little or none of the late 20th century global warming and cooling can be attributed to human activity.

The research, by Chris de Freitas, a climate scientist at the University of Auckland in New Zealand, John McLean (Melbourne) and Bob Carter (James Cook University), finds that the El Niño-Southern Oscillation (ENSO) is a key indicator of global atmospheric temperatures seven months later. As an additional influence, intermittent volcanic activity injects cooling aerosols into the atmosphere and produces significant cooling.

“The surge in global temperatures since 1977 can be attributed to a 1976 climate shift in the Pacific Ocean that made warming El Niño conditions more likely than they were over the previous 30 years and cooling La Niña conditions less likely” says corresponding author de Freitas.

“We have shown that internal global climate-system variability accounts for at least 80% of the observed global climate variation over the past half-century. It may even be more if the period of influence of major volcanoes can be more clearly identified and the corresponding data excluded from the analysis.”

Climate researchers have long been aware that ENSO events influence global temperature, for example causing a high temperature spike in 1998 and a subsequent fall as conditions moved to La Niña. It is also well known that volcanic activity has a cooling influence, and as is well documented by the effects of the 1991 Mount Pinatubo volcanic eruption.

The new paper draws these two strands of climate control together and shows, by demonstrating a strong relationship between the Southern Oscillation and lower-atmospheric temperature, that ENSO has been a major temperature influence since continuous measurement of lower-atmospheric temperature first began in 1958.

According to the three researchers, ENSO-related warming during El Niño conditions is caused by a stronger Hadley Cell circulation moving warm tropical air into the mid-latitudes. During La Niña conditions the Pacific Ocean is cooler and the Walker circulation, west to east in the upper atmosphere along the equator, dominates.

“When climate models failed to retrospectively produce the temperatures since 1950 the modellers added some estimated influences of carbon dioxide to make up the shortfall,” says McLean.

“The IPCC acknowledges in its 4th Assessment Report that ENSO conditions cannot be predicted more than about 12 months ahead, so the output of climate models that could not predict ENSO conditions were being compared to temperatures during a period that was dominated by those influences. It’s no wonder that model outputs have been so inaccurate, and it is clear that future modelling must incorporate the ENSO effect if it is to be meaningful.”

Bob Carter, one of four scientists who has recently questioned the justification for the proposed Australian emissions trading scheme, says that this paper has significant consequences for public climate policy.

“The close relationship between ENSO and global temperature, as described in the paper, leaves little room for any warming driven by human carbon dioxide emissions. The available data indicate that future global temperatures will continue to change primarily in response to ENSO cycling, volcanic activity and solar changes.”

“Our paper confirms what many scientists already know: which is that no scientific justification exists for emissions regulation, and that, irrespective of the severity of the cuts proposed, ETS (emission trading scheme) will exert no measurable effect on future climate.”

McLean, J. D., C. R. de Freitas, and R. M. Carter (2009), Influence of the Southern Oscillation on tropospheric temperature, Journal of Geophysical Research, 114, D14104, doi:10.1029/2008JD011637.

This figure from the McLean et al (2009) research shows that mean monthly global temperature (MSU GTTA) corresponds in general terms with the Southern Oscillation Index (SOI) of seven months earlier. The SOI is a rough indicator of general atmospheric circulation and thus global climate change. The possible influence of the Rabaul volcanic eruption is shown.

Excerpted Abstract of the Paper appearing in the Journal of Geophysical Research:

Time series for the Southern Oscillation Index (SOI) and global tropospheric temperature anomalies (GTTA) are compared for the 1958?2008 period. GTTA are represented by data from satellite microwave sensing units (MSU) for the period 1980–2008 and from radiosondes (RATPAC) for 1958–2008. Aft

John answers:

No because their methodology in the study automatically eliminates any impact of the trend rate in the data series on the resultant correlation.
Http://tamino.wordpress.com/2009/07/24/old-news/

In other words, contrary to their claims, it’s impossible for them to have determined the impact from ENSO on the global temperature trend. Apparently Carter didn’t understand the methodology employed in his own paper.

More importantly, ENSO *can’t* impact long-term temperature trends. It’s not physically possible. The ‘O’ in ENSO is oscillation. It switches between positive and negative states, and the cool phases cancel out the warm ones. ENSO can’t create or retain heat, it can only move it around between oceans and air.

So not only do the methods of the paper make it impossible to attribute a warming trend to ENSO, but ENSO physically can’t cause a warming trend. Their comments have no basis in reality.

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