Month 10, Day 14: Yet Another Installment of “Why Capitalism Sucks.”

The Wall Street Journal never misses an opportunity to mislead.

A fairly even-handed discussion of the most recent round of climate negotiations was derailed by a paragraph of heavy-handed editorializing, including allegations of “flawed science” in the IPCC reports and yet another reference to the so-called “climategate.” Let’s get this straight, starting with the second item: there have thus far been three separate and independent investigations of the leaked emails, and each investigation has completely exonerated the scientists involved. Completely. If the print and broadcast media had any sense of responsibility, this fact would have received as much publicity as the original non-scandal. With regard to the flaws in the IPCC report β€”in a document thousands of pages long, mistakes are inevitable. If a miscalculation of glacial melt rates invalidates the entire report, then by analogy, an error of fact anywhere in the Wall Street Journal must invalidate everything in that day’s edition, including the stock market reports.

Warren Senders

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