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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Thomas A Watson who wrote (706239)	10/7/2005 11:29:41 AM
From: BEEF JERKEY	Read Replies (1) \| Respond to of 769670

Oh yeah - that was Bush's plan. Sounds like you are reconstructing history. All you are doing is trying to put lipstick on a pig.

To: Thomas A Watson who wrote (706239)	10/11/2005 9:12:58 AM
From: E. T.	Read Replies (1) \| Respond to of 769670

Only Tommy doesn't feel the heat. With this year's storm damage already hitting insurers' bottom lines, consumers, companies and investors are fast coming to the conclusion that climate change may well spell greater risk to savings, profits and portfolios. With the potential for more natural disasters though, credit risk among reinsurers is growing. Standard & Poor's put the global reinsurance industry on negative outlook last month, pointing out that the U.S. hurricane season typically runs until the end of November. "Insurance modelling for hurricanes will probably have to be enhanced in the years ahead," the credit-rating agency said in a Sept. 29 report. Insurers are "only going to become more articulate and more active on these issues in terms of encouraging clearer government policy on climate change and encouraging their clients to better protect themselves from potential climate change risk," said Brigid Barnett, a senior research analyst who focuses on financial services at Innovest Strategic Value Advisors. American International Group Inc., for example, the largest U.S. insurer, wants clearer government policy on climate change issues. "We take the possibility seriously and efforts to address it seriously," Chris Winans, an AIG spokesman. www.washingtonpost.com