Daily Digest 12/9 - Australia Wants Its Gold Back, Find The Sheep Of Your Dreams
That may be the ultimate tragedy of capitalism in our time, that it has achieved its dominance without regard to a social compact, without being connected to any other metric for human progress.
David Simon: A Festival of Dangerous Ideas (westcoastjan)
These are free of political controls and social responsibility and have largely monopolized power in Western Civilization and in American society. They are ruthlessly going forward to eliminate land, labor, entrepreneurial-managerial skills, and everything else the economists once told us were the chief elements of production.
“During my lifetime I have dedicated myself to this struggle of the African people. I have fought against white domination, and I have fought against black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony and with equal opportunities. It is an ideal which I hope to live for and to achieve. But if needs be, it is an ideal for which I am prepared to die.”
Australia Wants Its Gold Back (Taki T.)
Australia has 80 tonnes of gold which is managed by the Reserve Bank of Australia (RBA) as part of its foreign reserves assets. The RBA’s PR department has stated that Australia’s 80 tonnes of Gold Reserves is stored at the Bank of England, in London for cost efficiency and security reasons. However, Australia has international standard bullion storage facilities with capacity to store Australia’s gold at cost competitive rates. Also the cost to build a new Federal Government owned facility is negligible when compared to the current value of Australia’s gold ($3.3 billion).
“All of a sudden there became a wide discrepancy in the [derailment] numbers [compared with CN’s competitors],” recalls Ian Naish, who left the TSB in 2009. “You say ‘Well, OK, what’s going on here?’”
Shell said it could bring the Alberta and federal governments an estimated $17 billion in royalties and taxes over its life and create an additional 750 full time jobs.
But Indigenous and environmental groups say the predicted damage to water, land and animals outweighs any profits the addition to the oil sands will yield.
In an executive order released on 5 December, President Barack Obama has tripled the mandate for use of renewable sources of energy for federal agencies by 2020.
According to the executive order federal agencies will have to replace 20% of the electricity they use with renewable sources by 2020—up from a 2005 mandate of 7.5% by 2013. This includes all federal agencies both civilian and military.
Wool textures vary across breeds, with carpet-wool sheep producing fibers almost twice as thick as fine-wool sheep. If you’re looking to spin wool by hand, you may prefer long-wool breeds, such as Romneys and Lincolns. These are commonly raised in rainy places like England and New Zealand, unlike fine-wool sheep, which adapt better to arid environments, such as the American Southwest.
Gold & Silver
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