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    Daily Digest 1/20 – China’s coronavirus cases likely grossly underestimated, Missouri could jail librarians for lending ‘age-inappropriate’ books

    by Daily Digest

    Monday, January 20, 2020, 2:22 PM

Economy

All of the World’s Wealth in One Visualization (Thomas R.)

The financial concept of wealth is broad, and it can take many forms.

While your wealth is most likely driven by the dollars in your bank account and the value of your stock portfolio and house, wealth also includes a number of smaller things as well, such as the old furniture in your garage or a painting on the wall.

The Tractor Backlash (Thomas R.)

John Deere, like Ford and GM and all the rest, is forced by the government to build tractors as complicated as new cars – and just as impossible for the average owner to service.

But people still have the choice not to buy them. Many are beginning to exercise this choice.

Missouri could jail librarians for lending ‘age-inappropriate’ books (Sparky1)

A Missouri bill intended to bar libraries in the US state from stocking “age-inappropriate sexual material” for children has been described by critics as “a shockingly transparent attempt to legalise book banning” that could land librarians who refuse to comply with it in jail.

Fed Adds $52.6 Billion To Markets As Central Bank Official Defends Operations (Adam T.)

The Federal Reserve Bank of New York added $52.6 billion in short-term liquidity to the financial system Friday to help money markets get through the weekend.

Officials want to clear a mile-long homeless camp on a Sonoma County bike trail. Some don’t want to go (Sparky1)

“I think it’s sad and overwhelming,” said pest control technician Matt Dougherty of the conditions for more than 200 homeless residents. “We’re here just to make it better for them.”
The rat problem could hardly have been a surprise. Trash and human waste had been piling up for months along the Joe Rodota Trail, nestled behind neighborhoods in the heart of Northern California wine country.

Tech Upstarts Say Tech Giants Abuse Market Power to Stifle Competition (Adam T.)

WASHINGTON—Four midsize technology companies told Congress that industry giants use their market power to beat back their businesses, an unusual public airing of criticism that suggests antitrust probes of the companies are gaining steam.

China’s coronavirus cases likely grossly underestimated, study says (Sparky1)

London (CNN)The number of cases in an outbreak of a new strain of coronavirus in China is likely to have been grossly underestimated, according to a new study, which warns that human-to-human transmission of the mysterious virus may be possible.

St. Louis donations wipe away $13 million in medical debt (elinski)

ST. LOUIS — Thousands of St. Louis-area families were freed from a major financial burden thanks to a charitable effort that is increasingly popular among churches and other organizations trying to help the needy — eliminating medical debt.

Trump reverts to Obama policy on China’s currency (edelinski)

The commitment to  market-determined exchange rates was long the policy of the Obama administration and China had accepted this goal through its participation in communiques of G-20 finance ministers and central bank governors, who endorsed it.

Energy

At the top of the peak (james w.)

If our global industrial civilisation was a mountain, we are likely to be at or very close to the peak.

If this is correct, our collective future will be a story of the decline and eventual collapse of our industrial civilisation.

Environment

America’s most widely consumed oil causes genetic changes in the brain (Thomas R.)

New UC Riverside research shows soybean oil not only leads to obesity and diabetes, but could also affect neurological conditions like autism, Alzheimer’s disease, anxiety, and depression.

Gold & Silver

Click to read the PM Weekly Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

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.”

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4 Comments

  • Mon, Jan 20, 2020 - 5:07pm

    #1
    Time2help

    Time2help

    Status Platinum Member (Offline)

    Joined: Jun 08 2011

    Posts: 2307

    6+

    Happy MLK Day Folks

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  • Tue, Jan 21, 2020 - 7:04am

    #2
    robie robinson

    robie robinson

    Status Gold Member (Offline)

    Joined: Aug 25 2009

    Posts: 923

    3+

    Richmond VA 2a

    Gun-rights advocates pick-up trash after protesting peacefully in Richmond

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  • Tue, Jan 21, 2020 - 7:17am

    #3

    thc0655

    Status Platinum Member (Offline)

    Joined: Apr 27 2010

    Posts: 1647

    5+

    The controllers were not impressed. The Constitution must be abridged.

    https://wset.com/news/at-the-capitol/richmond-braces-for-gun-rights-rally-on-monday

    But Democratic lawmakers — including House Speaker Eileen Filler-Corn and Senate Majority Leader Dick Saslaw — told AP the rally wouldn’t impact their plans to pass gun-control measures, including universal background checks and a one-handgun-purchase-a-month limit. Democrats say tightening Virginia’s gun laws will make communities safer and help prevent mass shootings like the one last year in Virginia Beach, where a dozen people were killed in a municipal building.

    “I was prepared to see a whole lot more people show up than actually did and I think it’s an indication that a lot of this rhetoric is bluster, quite frankly,” said Del. Chris Hurst, a gun-control advocate whose TV journalist girlfriend was killed in an on-air shooting in 2015.

    So far the D’s aren’t moving forward with the so called assault weapons ban, magazine restrictions and door to door confiscations. That’s the way rights are incrementally removed: a little bit at a time. But they’re only two weeks into this year’s legislative session.

    https://www.captainsjournal.com/2020/01/20/democrats-say-rally-wont-impact-their-plans-for-gun-control-legislation/

    Ignore the lie for a moment – it’s irrelevant.  The point is that the communists are unpersuaded.  The safest prediction, since the democrats own the House Senate and gubernatorial mansion, is that gun control passes, including a ban on MSRs and magazine capacity limits.

    Now the real battle begins.  It’s going to be vitally important in the very near future for Virginians to know where their county Sheriff stands, or where there city police stands, and to know where their neighbors stand.  The real work will be taking local county commissioners and Sheriffs out for coffee, fisking their true intentions, personal training, organizing a militia, and making sure that communities stand together when the time comes to defy the laws.

    Defiance of the laws means no state agent arrests citizens for ownership of MSRs or standard capacity magazines.  It means counties are sincere, clear-headed and intentional in their opposition to unconstitutional laws, and it means that they know the cost and are willing to bear it.

    This will have to be done by Virginians, while everyone else tends to life back in their own communities and presses forward with the same sorts of plans.  It was always going to be this way.  A rally was never going to stop the controllers.

    But what it does do is prepare the ground.  When the state is surprised that there is armed opposition to enforcement of the gun laws, your community can honestly say, “We warned you and you didn’t listen.  The warnings are finished, and froggy time has begun.  Lie in the bed you made.”

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  • Tue, Jan 21, 2020 - 10:43am

    #4

    thc0655

    Status Platinum Member (Offline)

    Joined: Apr 27 2010

    Posts: 1647

    2+

    The study and practice of STEM being polluted by political commissars

    https://www.theamericanconservative.com/dreher/commissars-in-stem/

    …These people are commissars — political officers assigned to politicize institutions and groups that should operate independent of politics. This is how they use identity politics to divide, demoralize, and ultimately destroy. Spending this past year reading about how Stalinism corrupted Soviet science makes it crystal clear what is happening here among us, today. My STEM source, who was trained under a communist regime, and who escaped it, writes, “The darkness is setting. I do not mean to be poetic. I feel it with every pore of my body.”

    One more thing: almost every day I hear a new account from a reader about the oppressive progressive political atmosphere in their workplace. It’s not just in colleges. It’s in corporations, it’s in hospitals, it’s in law offices, it’s in churches — it’s everywhere, and spreading. It’s certainly in the newsrooms, which is why so few journalists actually notice what’s happening, much less see a problem with it. Just today I heard from an accomplished professional who explained the situation they’re going through, and asked me not to say anything about it, because that is how scary the situation is. The person just wanted to say, yes, this is happening, and it’s happening with remarkable speed, and don’t let anybody gaslight you otherwise. Had a friendly argument today with someone who said all this stuff I bang on about on this blog sounds overblown. The only meaningful thing I could say is, “You should see my e-mail.” You can’t imagine how bad it is until it happens to you, or you see it with your own eyes, in your workplace, or to people you know.

    People are afraid, and they are right to be afraid. We are talking about folks genuinely and legitimately afraid of losing their jobs, and their careers, because they might have crossed a left-wing political line…

    I don’t know any white-collar professional who isn’t mindful of this. If I did, I would warn them. If you have someone in your life who grew up under communism, ask them what they think about the atmosphere in this country around these issues. Give them permission to be honest. I don’t know what it’s going to take to break the hold of this ideological madness on American life. Most people seem to hate it, but nobody is willing to be the first one to stop applauding Stalin.

    UPDATE: Just after I hit “publish,” I checked my e-mail. A campus minister wrote:

    The universities have become mirrors of the NKVD under Stalin, paralyzed by mutual hatred & distrust, where no one knows what word might be deemed a fatal lapse of etiquette. Grad students (especially Teaching Assistants) tell me they live in terror of some student’s taking offense at some verbal slip and ending, not their job, but their career.

    UPDATE.2: A reader named “Wyoming Doc” — he is exactly that; I know his real name — comments:

    For most of my adult life, I was a physician in medical education with a very large practice on the side. For most of my career life of decades now, I was on the faculty of one of the premier medical schools in this country. One by one over time, the old grey haired professors were dispatched. The teachers these kids need the most were taken out – because they refused to use correct pronouns, refused to acknowledge things related to transgender issues that are just patently absurd (things like disputing that “males” have periods), etc, etc, These faculty members were NOT endocrinologists – OB GYN or anything that had to do with trans issues – but out on their academic ass they went – banished from the clinics never to see a student again. A complete tragedy.

    I am a primary care provider. My time to face the firing squad occurred because of the following story:

    A patient who was a distraught mother of a teenage boy came to me to discuss the fact that her son at age 14 was being pressured by his school counselors to have gender transition surgery – asap which would have been at age 17 in that state. In the interim, they were trying to get him on hormone blockers and finasteride until the surgery could be done. She was absolutely distraught – and the dad was so upset that he could not even face his son – much less come to talk to me. She simply asked me what I thought . I have known this child all his life. I have known of his struggles with being on the autism spectrum and I have known all his myriad struggles throughout his life. I replied that I thought this would be a horrible tragedy to proceed with this until he was much older and make the decisions for himself as an adult. I told her that this plan was a setup for a lifetime of tragedy. I have unfortunately seen this tragedy unfold too many times in the past 10 years. It is my job and my sworn oath to do the correct thing – no matter what – I have yet to see a single person who has had a good outcome from the entire gender transition process. I have seen and known of suicides, and even worse – intense chronic unending pain in the groin area after these procedures – and I told her this – along with the fact that we have not a clue what strangling the hormones in a 14 year old body does to them – but none of it is good.

    The mother went to the child psychiatrist pushing this treatment – and stopped it. The psychiatrist found out what had happened and immediately sent my name to the “diversity committee”. I was called before them – and things like bigotry, transphobia and poor judgement on my part were talked about openly – I was convicted before I could say a word. I could instantly tell that my career as I had known it was over.

    I and my wife made the gut-wrenching decision to leave the big city and take our young children to the far away flyover country – we are 150 miles from the nearest interstate highway. I was absolutely horrified at first – but IT HAS BEEN THE BEST THING EVER FOR US – it has been a gift from God. He truly does work in mysterious ways. The kids are thriving – and free of drag queen story hour, video games, and the like. We live in a place that reminds me of the America that I grew up in. I just do not know how long this will last even here.

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