Daily Digest

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Daily Digest 12/13 - Jobless Fear Looming Cutoff of Benefits, Apocalypse NJ

Friday, December 13, 2013, 12:03 PM

Economy

Boehner Blasts Tea Party Groups Over Budget Deal Criticism (jdargis)

Stoking Boehner's anger was their rapid-fire opposition to the modest budget deal reached by fellow Republican Rep. Paul Ryan and Democratic Sen. Patty Murray, Congress' respective budget committee chairmen. The measure was passed by the House Thursday evening.

But he seemed even more ticked off by what he said, in so many words, was an unserious approach to governing demonstrated by those groups and their allies in Congress.

Apocalypse, New Jersey: A Dispatch From America's Most Desperate Town (jdargis)

Not long ago, Camden was everything about America that worked. In 1917, a report counted 365 industries in Camden that employed 51,000 people. Famous warships like the Indianapolis were built in Camden's sprawling shipyards. Campbell's soup was made here. Victor Talking Machine Company, which later became RCA Victor, made its home in Camden, and the city once produced a good portion of the world's phonographs; those cool eight-hole pencil sharpeners you might remember from grade school – they were made in Camden too. The first drive-in movie was shown here, in 1933, and one of the country's first planned communities was built here by the federal government for shipyard workers nearly a century ago.

Tens of thousands of mourners line up for miles for their last chance to say goodbye to Nelson Mandela (jdargis)

The casket of former South African President Nelson Mandela is followed by his oldest grandson Mandla Mandela (far left), as it is carried to lie in state for the third day today.

Lessons From Newtown for Gun-Owning Parents (jdargis)

The Sandy Hook shooting had all these traits, with a few additional twists. The would-be shooter kept the bedroom windows of his room taped over with black trash bags, and so were the windows of the nearby computer room where he spent most of his time. No one was allowed into his room, not even to clean, not even his mother. In fact, no one was allowed into the house; all workers and deliveries had to meet the mother outside in the yard or at the end of the driveway.

Jobless Fear Looming Cutoff of Benefits (jdargis)

“We’ve worked all year to get our economy going again and to help produce better jobs and more wages,” John A. Boehner of Ohio, the speaker of the House, told reporters this week. “When the White House finally called me last Friday about extending unemployment benefits, I said that we would clearly consider it as long as it’s paid for and as long as there are other efforts that’ll help get our economy moving once again. I have not seen a plan from the White House that meets those standards.”

New Prosperity Mine Approval Could Trigger Lawsuit: First Nations (westcoastjan)

It was the second time the agency panel found fault with the project. The federal environmental minister rejected the mine in 2010 because Taseko's plan was to drain Fish Lake, or Teztan Biny, for use as a tailings pond. The company revised the plan and reapplied.

Canada’s Indigenous First Nations Threaten $600 Billion in Energy Deals (James B.)


Canada’s aboriginal “First Nations” have unexpectedly emerged as a potential force threatening to derail the plans of Canadian Conservative Prime Minister Stephen Harper’s plans to turn western Canada into an energy powerhouse underwriting eastern Asia’s various demands for energy. Who are these obstructionists?

Experts Eye Oil and Gas Industry as Quakes Shake Oklahoma (jdargis)

While most have been too slight to be felt, some, like the quake on Saturday and a smaller one in November that cracked a bathroom wall in Ms. Sexton’s house, have been sensed over a wide area and caused damage. In 2011, a magnitude 5.6 quake — the biggest ever recorded in the state — injured two people and severely damaged more than a dozen homes, some beyond repair.

Gold & Silver

Click to read the PM Daily Market Commentary: 12/12/13

Provided daily by the Peak Prosperity Gold & Silver Group

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."

2 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
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KugsCheese's picture
KugsCheese
Status: Platinum Member (Offline)
Joined: Jan 2 2010
Posts: 562
$4T and A Coming Fleecing

FED B.S. to hit $4T next week and all the bond fund outflows going to stock market before the insiders crash it.  Or will the Mountain/Valley go for a 4th time?  Has that ever happened?

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