The Global Climate Models (GCM), on which so many place so much store, are still fundamentally flawed.

BBC: News Online

For example, according to all GCM simulations, increased CO2 concentrations should have produced an increased tropical warming trend with altitude, which is contrary to what balloon and satellites observations actually show.

FORBES: Global Warming? No, Natural, Predictable Climate Change

Mr. Moore, who runs an alternative investment-management company called GCM Capital Management, says that right now he would rather keep his money in his business rather than plunk it down on a large down payment, especially when he doesn't plan to stay in one place for more than five or 10 years.

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