Daily Digest

Daily Digest 11/28 - Comfortably Numb, The Branding Of The Occupy Movement, Think Your Home's Insured?

Monday, November 28, 2011, 10:40 AM
  • Think Your Home’s Insured?
  • Comfortably Numb
  • The Branding Of The Occupy Movement
  • Millions Vote In Congo Despite Fears Of Violence
  • Stansberry's Investment Advisory Presentation
  • Growing doubts over Saudi Arabia’s supply stand-ins
  • Burning Love
  • Federal Cuts Give Maine A Chill As Winter Approaches

Our 'What Should I Do?' guide has steps to cook, see & stay warm in times of power outage

Economy

Think Your Home’s Insured? (pinecarr)

“It is not the strongest of the species that survives, nor the most intelligent, but rather the one most adaptable to change.”~Clarence Darrow

Being most adaptable means that we first have to recognize the change. Unfortunately that can be embarrassing and uncomfortable.

Comfortably Numb (JimQ)

Both the Tea Party movement and the Occupy Wall Street movement are a reflection of the mood change in the country, which is a result of government overreach, political corruption, dysfunctional economic policies, and a financial system designed to enrich the few while defrauding the many. The common theme is anger, frustration and disillusionment with a system so badly broken it appears unfixable through the existing supposedly democratic methods. The system has been captured by an oligarchy of moneyed interests from the financial industry, mega-corporations, and military industrial complex, protected by their captured puppets in Washington DC and sustained by the propaganda peddling corporate media. The differences in political parties are meaningless as they each advocate big government solutions to all social, economic, foreign relations, and monetary issues.

The Branding Of The Occupy Movement (jdargis)

But the spread of the Occupy protests signals a substantial step up for the magazine and Mr. Lasn, who is 69. The protests, he hopes, will “somehow change the power balance and make the world into a much more grass-roots, bottom-up kind of a place rather than the top-down Wall Street mega-corporate-driven system we now have.”

“This,” he added, “is the kind of dream many Occupiers have.”

Millions Vote In Congo Despite Fears Of Violence (jdargis)

Mr. Tshisekedi has succeeded in channeling the deep discontent here — Congo was recently ranked as the world’s least developed country — and many analysts fear that whatever happens at the polls, both Mr. Kabila and Mr. Tshisekedi are going to declare themselves the winner, a recipe for disaster in a country already torn apart by recent wars.

Stansberry's Investment Advisory Presentation (ScubaRoo)

WARNING: The following presentation is controversial and may be offensive to some audiences.

Energy

Growing doubts over Saudi Arabia’s supply stand-ins (Anton95)

Petrobras, the partly state-owned Brazilian company plans to boost the country’s oil production from 2.1m b/d in 2011 to 3.1m b/d by 2015 and a hefty 4.9m b/d by 2020. The expansion plan will cost at least $120bn – and probably more – and will develop the so-called offshore pre-salt oil fields, which would account for 40 per cent of the country’s production by the end of the decade, up from less than 2 per cent at the moment.

Burning Love (jdargis)

Like many rushes before it, the shale-gas version has made some people wealthy and others miserable. Landowners in shale-rich areas have received thousands of dollars an acre in up-front payments for the right to drill under their property, with the promise of thousands more to come in royalties. A new term has been invented to describe them: “shaleionaires.”

Federal Cuts Give Maine A Chill As Winter Approaches (jdargis)

Ms. Hodges and her two teenage daughters qualified for federal heating assistance last year, but their luck might have run out. President Obama has proposed sharply cutting the Low Income Home Energy Assistance Program, and Maine is at this point expecting less than half of the $55.6 million that it received last winter, even as more people are applying.

Article suggestions for the Daily Digest can be sent to [email protected]. 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."

10 Comments

Poet's picture
Poet
Status: Diamond Member (Offline)
Joined: Jan 21 2009
Posts: 1891
Re: Federal Cuts Give Maine a Chill as Winter Approaches

Re: Federal Cuts Give Maine a Chill as Winter Approaches

Look at these quotes.

“We’ll survive,” said Ms. Hodges, who is 49 and works as an accountant and a sorter at a recycling center. “We can put a blanket up to separate off the living room and just sleep in there. But those who don’t have jobs, who are disabled or whatever, I don’t know how they’re going to make it.” [Hodges works six days a week.]

“I’m going to put plastic on the windows this year,” said Ms. Brunton, 40, a waitress who is studying to become a special education teacher. “If I don’t get the help, it’ll be hard. It’ll be cold. But I do have family I can rely on. It’s all the people out there with zero income that I worry about.”

They're thinking of people less fortunate than them...

Poet

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
IMF’s Lagarde Seeks Latin America Help in ‘Historic About-Turn’

"Italy saw another jump in borrowing costs Monday as it sold 567 million euros ($758.4 million) of inflation-linked government bonds set to mature in 2023. The Treasury sold the bonds at a gross yield of 7.30%. That's up sharply from 2.90% in a previous auction in March 2010, according to Dow Jones Newswires. "

.............1A) Belgium, Italy Pay Record Yields in Bond Auctions

"International Monetary Fund chief Christine Lagarde will seek support from Latin America’s largest economies this week to help contain Europe’s mounting debt crisis.

Her first visit to Latin America since taking office in July marks a role reversal for a region that harbors deep-seated resentment over decades of IMF-imposed austerity measures, said Roberto Abdenur, a former Brazilian ambassador to the U.S.

“Previously local authorities trembled when even the most junior IMF official visited,” Abdenur said in a telephone interview. “Today, the chief is coming to seek aid. It’s an historic about-turn.”"

"Banks will slash bond sales by 60 percent in Europe next year as the sovereign debt crisis sends issuance costs soaring, Societe Generale SA predicts.

Lenders will sell 50 billion euros ($67 billion) of senior notes, down from a euro-era low of 121 billion euros so far this year, according to SocGen. The extra yield that investors demand to hold European bank bonds is the highest since May 5, 2009, while the cost of insuring the debt is near a record."

Other headlines:

  1. Bank of Japan chief warns economy will face "severe state."
  2. All EU ratings threatened by crisis - Moody's
  3. OECD slashes growth forecast
  4. US, Europe risk another recession, report warns
  5. Nomura Says It Cut Italian Assets by 83% Since End of September
  6. Japan's Kokusai bond fund drops Italy, Spain, Belgium
  7. Morgan Stanley cuts Asia Pacific 2012 estimates again
  8. Why Your Water Bill Must Go Up
  9. Greek Banks to Post Writedowns as Investors Face Wipeout
  10. Europe stocks, euro surge amid Italy bailout talk and IMF denies reports of Italy bailout deal
  11. Cash-strapped cities want workers to contribute more to pensions (California)
  12. UK wants pension cash to help ailing economy
  13. Central Banks Ease Most Since 2009
  14. China Says Global Economy Facing Increased Downside Risks: Reports
  15. Virginia debt service begins slow toll on budget

 

 

 

thc0655's picture
thc0655
Status: Diamond Member (Offline)
Joined: Apr 27 2010
Posts: 1517
What if the greatest danger to our freedom is now?

 

MarkM's picture
MarkM
Status: Platinum Member (Offline)
Joined: Jul 22 2008
Posts: 837
Food for thought from Paul Craig Roberts
"Strange, isn’t it. Italy, the largest EU country that requires a bailout of its debt, can still sell its bonds, but Germany, which requires no bailout and which is expected to bear a disproportionate cost of Italy’s, Greece’s and Spain’s bailout, could not sell its bonds."
 
crash_watcher's picture
crash_watcher
Status: Silver Member (Offline)
Joined: Aug 12 2008
Posts: 146
Hope, skepticism for cold fusion

Hope, skepticism for cold fusion  (Boston Globe)

"It was a roomful of skeptical people. Senator Tarr was also skeptical, but if it does work, he wants Massachusetts to benefit. If it’s successful, no wants to have to say later that we walked away from it.’’

Tamarin said the meeting was mostly used to discuss the possibility of setting up manufacturing, rather than the validity of the science.

“Rossi said he was not ready for a full academic investigation of his technology because he doesn’t yet have full patent protection,’’ Tamarin said. “That’s consistent with it not working, but it’s also consistent with it working very well.’’

After the meeting, Rossi, who paid his own way to Massachusetts, was enthusiastic about a possible partnership with the state.

Interesting statement.  Rossi's USA patent application was published last January (US 2011/0005506; still no examination), and, should have enough disclosure to understand and practice the invention without undue experimenation.  Therefore, one of "ordinary skill in the art" should be able to validate/invalidate the science behind the E-cat reactor right now. 

 

rjs's picture
rjs
Status: Gold Member (Offline)
Joined: Aug 8 2009
Posts: 445
look at this contrast...
Poet wrote:

Look at these quotes.

“We’ll survive,” said Ms. Hodges, who is 49 and works as an accountant and a sorter at a recycling center. “We can put a blanket up to separate off the living room and just sleep in there. But those who don’t have jobs, who are disabled or whatever, I don’t know how they’re going to make it.” [Hodges works six days a week.]

“I’m going to put plastic on the windows this year,” said Ms. Brunton, 40, a waitress who is studying to become a special education teacher. “If I don’t get the help, it’ll be hard. It’ll be cold. But I do have family I can rely on. It’s all the people out there with zero income that I worry about.”

They're thinking of people less fortunate than them...

Poet

‘Black Friday’ Champs Walk Over Dying Man To Buy Target Crap  - Pepper spray was a-spraying, knives were a-stabbing, guns were a-shooting, muggers were a-mugging, punchers were a-punching — it was a “Black Friday” celebration that truly proved if you’re not a part of the worldwide anti-corporate protests, then you’re actually a very stinky part of the problem. But the Gold Medal in Applied Assjerk Consumerism goes to the shoppers at the Target crap box store in South Charleston, West Virginia: These bargain-crazed mouth-breathing waterheads literally walked over a dying 61-year-old man who collapsed in the aisles. Can we please do an “alternate history swap” and have the Native Americans defeat the Europeans? Please? 
MSNBC and WSAZ-TV report: Family and friends were stunned by the loss of a West Virginia man who died while shopping on Black Friday as fellow bargain hunters reportedly walked around — and even over — the man’s body. Family members told WSAZ-TV that 61-year-old Walter Vance of Logan County, W. Va., had become ill and collapsed while shopping for Christmas decorations inside Target in South Charleston. He later died after being taken to the hospital, family said. Witnesses told the NBC News affiliate in Charleston, W. Wa., that shoppers walked around and even over Vance’s body.
 

 

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Cold Fusion in Massachusetts

The Boston Globe reports that MA is going to develop Rossi's device.

Thanks Ruby.

Amusing non-research by DC Denison. It seems as though he just bashed away at his keyboard the stuff that he had heard at the water-fountain.

Although their work generated a Time magazine cover story, other scientists failed to replicate cold fusion

A reporter really should try better.

But it is happening.

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
''

 

'' 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

timG's picture
timG
Status: Member (Offline)
Joined: Apr 22 2009
Posts: 15
Stansberry's video

Warning- it is a scam! Subscribe and lose everything- you won't be able to afford a roof to your mouth.

ao's picture
ao
Status: Diamond Member (Offline)
Joined: Feb 4 2009
Posts: 2220
thc0655
thc0655 wrote:

 

We'd sit there bleating plaintively like we're doing while the wolves are gnawing on our bones.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments