Daily Digest 12/21 - Preparing For The End Of The World, The Solution To Gun Violence Is Clear
Preparing For The End Of The World (jdargis)
Worries about a looming apocalypse are nothing new in human history, but 21st century reactions to the possible destruction of the planet (or human civilization) vary widely, from "preppers" who cultivate self-sufficiency, to groups offering prayerful wishes, to entrepreneurs who have found a growing market for their survival gear.
Newtown’s Moral Authority for Action (Michael W.)
From such horrible tragedies emerge the beginnings of a national movement that moves sanctimonious politicians from talking to acting. Newtown has a moral authority to be heard and respected in Washington, D.C. and around the country. It is an authority born of a determination that these children and brave adults shall not have perished in vain. Imagine 12,000 human beings in the U.S. who, in columnist Richard Cohen’s words, annually succumb “to the routine mayhem caused by guns,” not counting thousands of suicides.
While some states, including New York, have submitted more than 100,000 names of mentally ill people to the F.B.I. database, 19 — including New Jersey, Pennsylvania, Vermont, Maryland and Maine — have submitted fewer than 100 records and Rhode Island has submitted none, according to federal data compiled by Mayors Against Illegal Guns. That suggests that millions of names are missing from the federal database, gun control advocates and law enforcement officials say.
The Solution To Gun Violence Is Clear (jdargis)
People point to three sets of causes when talking about events such as the Newtown, Conn., shootings. First, the psychology of the killer; second, the environment of violence in our popular culture; and, third, easy access to guns. Any one of these might explain a single shooting. What we should be trying to understand is not one single event but why we have so many of them. The number of deaths by firearms in the United States was 32,000 last year. Around 11,000 were gun homicides.
Why India Is A Better Bet Than China (westcoastjan)
As of 2011, India had a population of 1.24 billion, compared with 1.34 billion in China. And with China’s one-child policy, India’s population is set to overtake China’s.
Moreover, the age distribution in both countries is very different. The dependency ratio i.e. the ratio of children and seniors to the working-age population is expected to continue to fall in India and rise in China. Of course this would only translate into more productivity if the population got education, job training, and job opportunities.
Tom Cloud: How to Sell Gold Without Reporting It (Thomas C.)
In this week’s talk with National Numismatic Associates’ Tom Cloud, he answers two big questions that confront precious metals buyers: Why are sales of some coins and bars reportable to the IRS and others not? And is it possible to buy and sell precious metals confidentially?
Desperately Seeking A Gold Cycle Low (Taki T.)
Looking at the weekly chart with a whole new lens now is extremely important. Now that we’re in at least the 4th Daily Cycle and approaching an ICL, we’re back in the business of looking for the conditions that would signal an ICL. Namely, some of the conditions we’re looking for are a deep and bruising sell-off that pushes through Bollinger bands, both on the Daily and Weekly charts. An RSI(5) weekly level well under 30, but preferably below 20. Sentiment levels that match prior ICL’s and a much more favorable COT report. Confirmation of a Cycle Low would come beyond that point with a trend line recovery, a Daily and Weekly Swing Low, and a general recovery in our underlying technical indicators.
Last summer, Chubut governor Martin Buzzi finally proposed legislation that would allow Navidad to go forward. However, it included a series of extremely harsh taxes and royalties that would take away the benefits to Pan American. Navidad was immediately placed on hold.
Higher prices would be based on what dairy farm production costs were in 1949, when milk production was almost all done by hand. Because of adjustments for inflation and other technical formulas, the government would be forced by law to buy milk at roughly twice the current market prices to maintain a stable milk market.
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