In this Saturday, April 2, 2011 photo released by Tokyo Electric Power Co. (TEPCO), leaking radioactive contaminated water drain through crack of a maintenance pit, right, into the sea, near the Unit 2 reactor of Fukushima Dai-ichi nuclear nuclear power plant in Okumamachi, Fukushima Prefecture, northeastern Japan. (Tokyo Electric Power Co.)
(18 pictures at the link)
Ten years ago, when the hedge fund industry was much smaller than it is today, it took 25 hedge fund managers to earn a combined annual payday of $5 billion.
Last year, it took only one.
So the joke begins like this: An economist, a lawyer and a professor of marketing walk into a room. What’s the punch line? They were three of the five “expert witnesses” Republicans called for last week’s Congressional hearing on climate science.
The ringers (i.e., nonscientists) at last week’s hearing weren’t of quite the same caliber, but their prepared testimony still had some memorable moments. One was the lawyer’s declaration that the E.P.A. can’t declare that greenhouse gas emissions are a health threat, because these emissions have been rising for a century, but public health has improved over the same period. I am not making this up.
For that matter, getting shot in the face hasn’t proven to be a health risk, or detrimental to life at all, as the population has been growing for over a century.