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    Daily Digest 10/2 – Airline Ebola Screenings Are Spotty, Who Is Buying Illegal Oil From ISIS?

    by DailyDigest

    Thursday, October 2, 2014, 12:35 PM

Economy

Police Want to Get Rid of Their Pentagon-Issued Combat Gear. Here's Why They Can't. (LesPhelps)

Even before police militarization made the news, hundreds of police departments were finding that grenade launchers, military firearms, and armored vehicles aren't very useful to community policing. When Chelan County police officers requested one armored car in 2000—the request that landed them three tanks—they pictured a vehicle that could withstand bullets, not land mines. Law enforcement agencies across the country have quietly returned more than 6,000 unwanted or unusable items to the Pentagon in the last 10 years, according to Defense Department data provided to Mother Jones by a spokeswoman for Sen. Claire McCaskill (D-Mo.), who has spearheaded a Senate investigation of the Pentagon program that is arming local police. Thousands more unwanted items have been transferred to other police departments.

Man in U.S. With Ebola Had Been Screened to Fly, but System Is Spotty (jdargis)

But the system has its limits, relying on the traveler to reveal whether he or she has been exposed. And it leaves it to local officials to conduct the screening as they see fit, Dr. Cohen said. It is unclear how consistently or effectively those screenings are conducted across West Africa, and Dr. Cohen said she did not know how many potential travelers had been caught by screeners — if any.

“Our expectation is that people who are sick or people who are exposed should be getting the message they shouldn’t be traveling.”

Stay Calm and Carry On: Why it’s nearly impossible for Ebola to spread in the US (jdargis)

Another reason for all the worry is that the media (Quartz included) has tended to zero in on this outbreak’s rapid spread and its being the “deadliest in history.” While both are true, that says way more about the quality of medical care in war-torn, poverty-stricken pockets of West Africa than it does about Ebola’s virulence.

Bankruptcy Judge in California Challenges Sanctity of Pensions (jdargis)

It echoed a decision made last year by Detroit’s bankruptcy judge, but went even further. While Detroit’s pension system was a struggling local entity with few friends in the state capital, Calpers is a powerful arm of the state, with statutory powers that include liens allowing it to foreclose on the assets of a city that fails to pay its pension bills.

Exodus (jdargis)

‘I think there is a strong humanitarian argument for making life multi-planetary,’ he told me, ‘in order to safeguard the existence of humanity in the event that something catastrophic were to happen, in which case being poor or having a disease would be irrelevant, because humanity would be extinct. It would be like, “Good news, the problems of poverty and disease have been solved, but the bad news is there aren’t any humans left.”’

Who Is Buying The Islamic State’s Illegal Oil? (James S.)

In June 2014, computer files captured from a courier for the Islamic State shortly after the fall of Mosul revealed that the group had assets of $875 million, largely gained in the sacking and looting of Mosul and its central bank. The size of the group’s bank account has now risen to an estimated $2 billion dollars, thanks in part to revenues from ransom paid for kidnapped foreigners and more pillaging. However, oil remains the group’s primary source of income.

Report offers ideas for a Boston beset by rising seas (jdargis)

By 2100, climate scientists predict, sea levels around Boston will rise as much as 7.5 feet; in just a few decades water levels will be 2.5 feet higher than they are today. That could mean significant flooding not only during big storms but twice daily during high tides, as well as at times of normal rainfall.

The precise amount of sea- level rise is uncertain, but state and municipal leaders say they are taking the threat seriously, even if they are not yet at the stage of redesigning whole neighborhoods.

35,000 walrus come ashore in northwest Alaska (tallestmanonearth)

In this aerial photo taken on Sept. 23, 2014 and released by NOAA, some 1500 walrus are gather on the northwest coast of Alaska. Pacific walrus looking for places to rest in the absence of sea ice are coming to shore in record numbers, according to NOAA.

Gold & Silver

Click to read the PM Daily Market Commentary: 10/1/14

Provided daily by the Peak Prosperity Gold & Silver Group

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