Daily Digest

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Daily Digest 12/2 - 60-Day Bread Could Cut Food Waste, Saying No To College

Sunday, December 2, 2012, 1:15 PM

Economy

The Next Global Hotspot To Worry About (jdargis)

For months, Chinese patrol boats and other craft have scuffled with foreign vessels, mainly from the Philippines and most often over contested fishing grounds. But an assertion from officials in Hainan that they can stop and board any vessel passing through these waters is something quite different. The US Navy has had a lot of different missions over the centuries, but one of its elemental purposes has been defending freedom-of-navigation on the high seas. The Seventh Fleet is the regnant military power in this area. I am usually in the "oh calm down" camp about frictions, especially military, between China and America. But it is easy to imagine things becoming dangerous, quickly, if the new Chinese administration actually tries to carry out this order.

City-Paid Hotel Rooms Are No Panacea for 1,000 New Yorkers Displaced by Storm (jdargis)

While city officials have not set a date by which they hope to have all evacuees out of hotels, they are busy working on a more permanent housing solution with private landlords and the federal Department of Housing and Urban Development. A plan is expected to be announced soon.

Storm Charity: 15% Of What? (jdargis)

“For New Yorkers hosting holiday parties, this is the best way to give back to those in need after Sandy,” VenueBook’s chairman, Kelsey Recht, said in a news release, providing no apparent basis for the claim. As it happens, VenueBook is giving a percentage of the commission it receives from the event sites to City Harvest, but there is no real indication that using the company as a charitable pipeline would be more beneficial than discreetly asking every guest at your buffet table to please put $5 in a ceramic Santa that could then be sent to a relief agency.

Mortgage Catch Pushes Widows Into Foreclosure (jdargis)

A few lenders have tweaked their procedures to navigate the problem, and housing advocates are petitioning the Consumer Financial Protection Bureau to devise guidelines for lenders in situations that involve surviving relatives. Banks say that while the volume of delinquent mortgages means that they need a blanket policy to cover all homeowners who are behind on their payments, they are willing to work closely with widows.

Saying No To College (jdargis)

The idea that a college diploma is an all-but-mandatory ticket to a successful career is showing fissures. Feeling squeezed by a sagging job market and mounting student debt, a groundswell of university-age heretics are pledging allegiance to new groups like UnCollege, dedicated to “hacking” higher education. Inspired by billionaire role models, and empowered by online college courses, they consider themselves a D.I.Y. vanguard, committed to changing the perception of dropping out from a personal failure to a sensible option, at least for a certain breed of risk-embracing maverick.

Post-Storm Cost May Force Many From Coast Life (jdargis)

While many homeowners are beginning to rebuild without any thought to future costs, the changes could propel a demographic shift along the Northeast Coast, even in places spared by the storm, according to federal officials, insurance industry executives and regional development experts. Ronald Schiffman, a former member of the New York City Planning Commission, said that barring intervention by Congress or the states, there would be “a massive displacement of low-income families from their historic communities.”

Bread That Lasts For 60 Days Could Cut Food Waste (jdargis)

Food waste is a massive problem in most developed countries. In the US, figures released this year suggest that the average American family throws away 40% of the food they purchase - which adds up to $165bn (£102bn) annually.

The New Rubber Boomlet (jdargis)

The aim, says Tião Viana, the state’s governor, is to make standing forest more valuable than logging and ranching so that Acre can protect trees without sacrificing development. Since 1999 the state has been mapped and zoned, with much of its forest protected as parks or reserved for Amerindians or extrativistas. Some, mostly small-scale, farmers still clear forest illegally. But the rules have broadly stuck. Some previously deforested areas must be replanted; some can be used for low-impact farming, and others are used for forest-product industries. “We don’t need to clear any more land,” says Mr Viana. “But we’re not afraid to use what has already been cleared for development.”

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."

6 Comments

pat the rat's picture
pat the rat
Status: Bronze Member (Offline)
Joined: Nov 1 2011
Posts: 28
widows in foreclosuer

When I boil all this down , alll it is big land grab by the banks!!! 

3mize's picture
3mize
Status: Member (Offline)
Joined: Jun 15 2011
Posts: 2
wood snow flakes

I apologize because I do not know where to post this.  I bought several wood snowflakes after reading a comment about someone's dad starting a new business carving wood.  His dad had been laid off and he was looking for a new career.  Anyway, I can't find the post and several people have asked where I got the snowflakes.  So if anyone knows where to find the original post or can forward the website I would appreciate it.  Thanks.

Adam Taggart's picture
Adam Taggart
Status: Peak Prosperity Co-founder (Offline)
Joined: May 26 2009
Posts: 1845
link to wood snowflakes

3mize -

The link to the post is here:

http://www.peakprosperity.com/forum/79904/job-loss-career-reboot-later-life

and the website that sells the snowflakes is:

www.woodensnowart.com

Thanks for supporting Ben and his folks. I am certain they appreciate it more than you know.

Adam

Wendy S. Delmater's picture
Wendy S. Delmater
Status: Diamond Member (Offline)
Joined: Dec 13 2009
Posts: 1532
40 percent?

In the US, figures released this year suggest that the average American family throws away 40% of the food they purchase...

That's insane. But there was no source for the figure quoted in this article, so I did some research. Here's where the stats came from: http://www.huffingtonpost.com/2012/08/21/food-waste-americans-throw-away-food-study_n_1819340.html

http://www.businessinsider.com/fao-wasted-food-2011-5?op=1 also had good stas and charts of 1st world vs 3rd world waste.

http://www.nytimes.com/2008/05/18/weekinreview/18martin.html?pagewanted=all&_r=0 has a visial aid with pounds per person, yearly.

This one has the money quote, though: http://www.naturalnews.com/033885_food_waste_America.html

Since 1974, per capita food waste has jumped an astounding 50 percent, with the average American now producing roughly five pounds of trash every day. About 12 percent of this waste is food-based waste, which translates into at least half a pound per day, per American, a truly disturbing figure.

And just what is the cause of this massive increase? Bloom suggests that a generational transition from those who lived through wars, the Great Depression, and other tough times, to those who have lived in relatively easier times, as one explanation. But another has to do with Americans gradual separation from the food they grow, and how this separation affects perceptions about food. (emphasis mine)

Believe me, if you've ever tried to even grow a portion of your own food, you quickly realize just how much work goes into growing it and grow almost allergic to waste.

40 percent, fifty percent...whatever. The mind boggles. Not counting the vegetable peels that end up in our compost heap or chicken skin that goes to our mouser cat, our family of four adults throws out useless organic mattter (we freeze it until trash day to stop odor) that is the volume of a brick. This is for a week. It's mostly things like chicken bones.

Amanda Witman's picture
Amanda Witman
Status: Peak Prosperity Team (Offline)
Joined: Mar 17 2008
Posts: 409
Thanks for doing the fact-checking, safewrite.

It sounded high to me, but I assume my family is atypical, as perhaps are many here.  I shared bits of that article with my kids and they were mind-boggled.  I think your point about people becoming detached from their food resulting in them valuing it so much less that they don't feel, as you say, "allergic" to throwing it out, is a good one.  I feel terrible when something gets left in the fridge too long, especially if I know the farmer who grew it.  It's like I'm disrespecting their work by not taking better care of their beautiful veggies and making sure they are consumed to the last bite!  My kids are really conscious of food waste because I've drilled it into them -- while also not wanting to set them up for disordered eating with a "clean plate club" or any such thing.  Anyway, I found this article interesting to think about in the context of my family's practices.

bklement's picture
bklement
Status: Silver Member (Offline)
Joined: Jan 26 2009
Posts: 108
Adam beat me to answering

Adam beat me to answering you.  But I just wanted to say thanks for the order.  My parents really appreciated it.

Ben

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