08/18/2009 05:12 am ET Updated May 25, 2011

Stats Guru Nate Silver Issues Financial Challenge To Climate Skeptics

John Hinderaker at the popular conservative blog PowerLine reports that it's been cold, cold, cold in his home town of Minneapolis, Minnesota, going to far as to compare it with "The Year Without a Summer", 1816, when global temperatures were abnormally low as a result of the eruption of Mount Tambora.

Selective memory is a powerful thing. I'm not particularly when the fact that it's cool or rainy in your hometown one afternoon became subject for worthwhile blog material, but you have started to see this all the time on certain conservative blogs, probably led by the example of Matt Drudge.

Therefore, because I'd like to see more accountability on all sides of this debate and because I'm tired of people who don't understand statistics and because I'd like to make some money, I issue the following challenge.