MODELS; FINANCIAL, CLIMATE, LINGERIE

I have been reading alot about climategate and it got me thinking about models, computer models that attempt to mimic reality and predict the future. if you look at the history of this activity, it is less than perfect, sometimes abysmally wrong.

many of the models used on wall street to manage risk, a seeming oxymoron, rate mortgage backed securiteis, etc. blew up, and contributed mightily to our recent financial melt down. i assure you however that all these firms are chastened and have gone back to the lab to build better models, which will likely be better but way not perfect.

now we have climate models. these arrogant, ideological pricks in east anglia believe their models are correct, or if not believe in the cause so much that they will cover up their flaws. now i happen to think modeling is good, but it is at best an approximation that needs to be tested and improved continuously. my gut is todays models are potentially as flawed and primitive as the ones used to give AAA bond ratings.

which leaves me with the only models beyond criticism. Victoria's Secret lingerie models!