Daily Digest

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Daily Digest 7/14 - China's Slowdown Deepens, Food Demand Is On The Rise

Saturday, July 14, 2012, 11:05 AM

Economy

The Other Consequences of Fast and Furious (Chris M.)

Although it will never be possible to completely cut off the flow of guns to Mexico from the United States, it can be reduced. This would force the cartels to search for new sources of weapons.

China's slowdown deepens, raises risks to global economy (Michael W.)

But the timing of those efforts has coincided with turmoil in the global economy. Weaker demand from foreign customers, especially in Europe and the United States, has hit Chinese exports hard, and its manufacturing sector has slowed.

Austerity Reaches the Hollande Government in France (jdargis)

Official cars have been diminished in size and in luxury. Mr. Hollande has given up the presidential Citroën C6 for a smaller but hardly shabby Citroën DS5 diesel hybrid. He has reduced the ranks of his official drivers to two from three, and they are now supposed to stop at red lights. Mr. Ayrault gave up his C6 for a cheaper Peugeot 508. Cabinet ministers have also traded down, and the housing minister, Cécile Duflot, an ecologist who was criticized for wearing jeans to an Élysée Palace meeting, has ordered four official bicycles.

China’s Growth Rate Slowed in the 2nd Quarter (jdargis)

“The most important context for looking at this data is that the boom years are over,” said Andy Rothman of CLSA Research. “The days of 20 percent growth in autos or luxury goods — that’s mostly over.”

Chinese officials say this reflects China’s maturing economy.

Harnessing Gene Codes as Sleuths of Food Ills (jdargis)

Cataloging gene codes is time-consuming. Salmonella alone has about 2,700 different strains, almost three times as many as all the sequences for food-borne bacteria that have been cataloged to date. Dr. Musser said his laboratory had cataloged just 500 in about three years of work. It is contributing those sequences to the project, all related to salmonella.

Food Demand Is On The Rise: Why Jim Rogers Is Investing In Farmland (David B.)

Soaring demand for grain has already affected the market. Monsanto said global grain consumption has exceeded total production for seven out of the last eight years.
“The world has got a serious food problem,” Rogers told Time. “The only real way to solve it is to draw more people back to agriculture.”

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15 Comments

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Greeks Favor Renegotiation of Loan Even at Risk of Euro Exit

"Almost three-quarters of Greeks want Antonis Samaras’s coalition government to insist on a renegotiation of the terms of the country’s international loan agreement, an MRB poll showed.

Of 1,011 people surveyed, 74 percent said the coalition should insist on discussing the terms, even if such talks lead to the prospect of Greece leaving the euro area, according to the poll in the Sunday edition of the Athens-based Real News newspaper and pre-released today.

That compared with 15.5 percent who said the government should accept the current terms of Greece’s bailout without any talks, according to the poll. "

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Italian banks soak up bond issue as ratings cut

Italian banks soak up bond issue as ratings cut
 

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I call BS on the Fast and Furious article.

I'll start by saying that there is no data to support the false claims that the United States civilian gun market is a major supplier of guns to Mexican drug cartels. It goes against all common sense that organizations that regularly purchase RPGs and mortars would pay $700 for a semiautomatic firearm over a fully automatic machine gun that costs less than $60. 

I will be happy to enter into a dialog here on PP with anyone who thinks otherwise. Do your research before attempting to disagree as emotional argument supported by questionable documents will not stand. 

This is a subject that has been extensively written about by authors who take the emotional headline and run with it without any due diligence on the drivel they write. Unless of course the misinformation is printed with intent. 

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clarification

I'm not questioning your point that the US is not a major supplier of guns across the border to the cartels, I'm just trying to clarify.  That is a very different question than whether 'Fast and Furious' actually occurred.  My limited knowledge of that is the contention that BATF (I think) supplied 2,000 guns to the cartels.

Which are you arguing?

Doug

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(No subject)


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Tycer
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short version...


Tycer's picture
Tycer
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test

test with no quote

Tycer's picture
Tycer
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test 2

Tycer wrote:

test with no quote

test with quote

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Tycer
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test 3

Tycer wrote:

Tycer wrote:

test with no quote

test with quote

test with quote and hyperlink

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Tycer
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Doug wrote: I'm not

Doug wrote:

I'm not questioning your point that the US is not a major supplier of guns across the border to the cartels, I'm just trying to clarify.  That is a very different question than whether 'Fast and Furious' actually occurred.  My limited knowledge of that is the contention that BATF (I think) supplied 2,000 guns to the cartels.

Which are you arguing?

Doug

One more time. Third time the charm?

I was arguing the teaser for the link. To wit - Although it will never be possible to completely cut off the flow of guns to Mexico from the United States, it can be reduced. This would force the cartels to search for new sources of weapons. 

This teaser leads me to believe Chris thinks there is a large flow of civilian guns to mexican drug cartels.

If you wonder whether the Operation Fast and Furious is real you can read the book Fast and Furious . It has solid documentation. It also has a partisan slant IMO, but that does not negate the documentation. You can also wade through The Journalists' Guide to Project Gunwalker . Many of the linked articles are more partisan than I can handle but again, they seem solid.

I've been following this since early 2011 thanks to a heads-up from Tom Gresham. It does seem that among other crimes, our DOJ used taxpayer dollars to illegally purchase firearms, physically hand them to smugglers and then purposely let the smugglers walk away without following them. I do not understand the logic behind this and am hoping the oversight committee can enlighten me someday.

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Eric Holder and Brainwashing

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MarkM
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Play this as a PSA on nighttime tv

The only tools they have are brainwashing and violence.  It is another surreal moment to hear a government official actually speak of using brainwashing as a tool to accomplish their goals.

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Doug
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Brainwashing

I think it is useful to note that 'brainwashing' is just another term for marketing.  It's what is being done to us from every billboard, TV ad, print publication, internet site (including this one) and political (or other) speech we are assaulted with on an eternal basis.  Brainwashing has a pejorative sound but is no different in kind from all the other BS out there.

Doug

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Braindead

The point was what was being "marketed" and to who. To brainwash children into believing that they don't have the right or should not have the means to defend themselves is different than trying to market an IPAD or a video game. 

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