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Daily Digest 11/9 - Obama's Opportunity Is Now, Philly Schools Borrow $300M To Pay Bills

Friday, November 9, 2012, 11:01 AM

Economy

The Invisible Experiment With Money And Gold (Taki T.)

We are in the lengthening of this financial market topping. A lot of things are happening that point to any one of several large enough dominos falling over which is going to have a splash and pullover effect. Within three years we are going to see this farce imploding. Michael thinks that we will have something completely different and unrecognizable to what we currently have.

Open Letter to President Barack Obama: Now is Your Opportunity (Jaime)

President Obama, Americans are unhappy with where this country is headed when it comes to basic fairness. As Glenn Greenwald so eloquently states, the USA was founded with an assumption that outcomes for individuals would vary greatly - as in some people would be very rich but most people would be ordinary or even poor. The Founders anticipated that this divergence of outcomes would be legitimized by equality before the law and political equality - as in everyone would have a vote, and justice would be blind.

McDonald's posts rare sales drop, promotions questioned (Nervous Nelly)

McDonald's shares touched a 52-week low on Thursday after the company said October global sales at established restaurants posted their first monthly decline since March, 2003. Shares are down more than 15 percent from their all-time high.

There are actually 9 ‘Cliffs’ investors should be freaking out about (westcoastjan)

If there was any good news in the recent elections it is that so many well funded corporate efforts to promote particular candidates and their own agendas failed, despite the expenditure of hundreds of millions of dollars in slickly deceptive advertising campaigns.

N.Y. emergency boss fired after diverting crew to clear his driveway during Hurricane Sandy cleanup (westcoastjan)

Director of Emergency Management Steven Kuhr was fired after the governor was told that Kuhr called a Suffolk County crew to remove a fallen tree from his driveway, according to the official. Kuhr was working in Albany at the time last week, shortly after Sandy hit.

Philadelphia's school commission borrows $300 million to pay its bills (Thomas C.)

Officials have said they must shed roughly 40 schools at the end of this year to save money and "rightsize" operations in a district that has lost tens of thousands of students to charter schools in the last decade but did not shrink operations to compensate.

Homeowners Issue Warnings To Looters Following Superstorm Sandy (Thomas C.)

“If you got bags coming in and they see that they can rob you,” said Thomas, who plans on taking a bus out of the Rockaways.

College Park man fights to keep vegetable garden in front yard (Thomas C.)

City code requires ground covers to be planted in a way that gives off a finished appearance so neighborhood lawns are clean, and inviting -- keeping property values up.

Obama Wins 8 of the Nation’s 10 Wealthiest Counties (Thomas C.)

In the richest, Massachusetts’ Nantucket County, where average annual household income is over $137,000, Obama won by 63 percent to Romney’s 36 percent with all precincts reporting. The richest county in Romney’s home state is also where, just prior to accepting the Republican nomination, the former Massachusetts governor held a $75,000-per-person dinner fundraiser.

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

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saxplayer00o1
Status: Diamond Member (Offline)
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Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 2084
From the Heart of Darkness.

People are willing to change their minds not because the see the light, but because they feel the heat.

The Rhodesian forum

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