Free Republic

Obama pitches plan to amend bailout bill By Klaus Marre Posted: 09/30/08 10:26 AM [ET] Democratic presidential nominee Sen. Barack Obama (Ill.) on Tuesday proposed to increase the bank deposit insurance limit, hoping that the move could help get a Wall Street bailout passed. “Continued inaction in the face of the gathering storm in our financial markets would be catastrophic for our economy and our families,” Obama stated, urging continued bipartisanship to get the measure passed. The Illinois senator said the bailout measure rejected in the House on Monday was a “marked improvement” over Treasury Secretary Henry Paulson’s original proposal....

The accuracy of computer models that predict climate change over the coming decades has been the subject of debate among politicians, environmentalists and even scientists. A new study by meteorologists at the University of Utah shows that current climate models are quite accurate and can be valuable tools for those seeking solutions on reversing global warming trends. Most of these models project a global warming trend that amounts to about 7 degrees Fahrenheit over the next 100 years. The study titled "How Well do Coupled Models Simulate Today's Climate?" is due to be published this Friday in the Bulletin of...