The high pressure system may create its warmest air environment in nearly a decade, which could mean there will be a long period of rain and cold temperatures due to a persistent snowpack.

The ice loss can be tracked.

This screenshot is of the current (July 5) forecast of the low pressure system moving over the northeast United States.

Low pressure trough moves quickly over northern Maine and eastern New England, carrying snow off eastern New England.

How about snow in southern Alaska? There was a chance it would be a mild and sunny day, but a low pressure system coming in close to Alaska sent a blizzard that dumped over a million cubic feet of snow at Seward in Alaska. One of the best descriptions of the cold conditions was in the New Yorker by Kevin Baker.

The storm was so bad that people are going to be living with the cold for months to come after the next few weeks!

Even the National Weather Service in Alaska said that a strong high pressure area would be over the area a week or so later, followed by a depression later this fall.

“High atmospheric pressure will increase in pressure over Alaska, allowing snow to build up in the areas over the Canadian border,” the weather service said. “These snowpack areas are usually dry enough for snow to form after about eight daysbut the region could see more than 10 days of temperatures well below freezing before a strong high pressure system moves in on Thanksgiving with an accumulation of snow. The high pressure system may create its warmest air environment in nearly a decade, which could mean there will be a long period of rain and cold temperatures due to a persistent snowpack. Snow could begin falling during the first week of December, possibly reaching as far north as the border of Washington State.”

The new allegations appear to be the latest effort by an elite group of biotech executives to extract bribes from pharmaceutical researchers who receive money from drug companies. Long term interest rates are an important part of the central banks ability to manage financial cycles... and I believe the Fed's action in 2009 could be a significant influence on the future direction of the U.S. economy.
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