no matter how much global-warming activists feel as if they have won all the debates in think-tank meetings, editorial pages, and faculty lounges, it is going to be a tough battle to convince the voting public to make huge sacrifices based on the evidence that we have now.... Manzi believes a carbon tax, even if it were to be implemented globally, would be ineffective in actually solving the problem (he would find well-reasoned opposition to this position from many academics) but this paragraph, though written with John McCain and the Republican Party in mind, could have been written for Stephen Harper's Conservatives: .   more »

You can read all the gory details for yourself but here are the highlights from Don Drummond and the gang of economists at TD Bank:

• Over the next 12 months, home prices will have bottomed, the cost of funds to financial institutions will have fallen, the worst in institutional failures ...   more »