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Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

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Saturday, October 22, 2016

Dotty, dishonest or dumb?

Marco Rubio, one of Florida's two senators, continues to deny climate change even as Miami's streets are flooded by what the US call a "king tide" (what other English speakers call a "spring tide")

Sen. Marco Rubio refused to acknowledge human-caused climate change at a Florida Senate debate Monday even as a foot of water inundated city streets and sewers throughout South Florida, driven by the annual king tide combined with rising seas. 
With the unmistakeable evidence of climate change right before them, 15 Florida mayors—including Republicans—earlier this year requested a meeting with Rubio to discuss the risk faced by their communities. The meeting never took place. 
Asked by CNN's Jake Tapper during a primary debate in March if he would honor the Miami mayor's request to acknowledge climate change, Rubio responded, "There has never been a time when the climate has not changed." He has called the investigation into Exxon Mobil's knowledge about climate change "nothing but a left-wing effort to demonize industries in America." 
According to the website Dirty Energy Money, Marco Rubio, who grew up in West Miami, has accepted $637,273 from oil and coal companies and those who promote carbon-based business.




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