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    Daily Digest 12/11 – Brexit Deal In Turmoil, A Bad Moon Rising Over Several Markets

    by DailyDigest

    Tuesday, December 11, 2018, 2:17 PM

Economy

Brexit deal in turmoil as May postpones Parliament vote (TS)

Corbyn demanded, and was granted, an emergency debate Tuesday on the postponement. But Labour lawmaker Lloyd Russell-Moyle was expelled from Parliament for the day after he grabbed the House of Commons’ ceremonial mace as a sign of protest.

Scientists discover billions of tons of ‘zombie’ bacteria inhabits the ground beneath our feet (Sparky1)

There are millions of distinct types of bacteria as well as archaea — microbes with no membrane-bound nucleus — and eukarya — microbes or organisms with cells that contain a nucleus and have membrane walls — living beneath the Earth’s surface, the report says, possibly exceeding the diversity of surface life. Around 70% of the planet’s bacteria and archaea are now thought to live underground.

Justifying Diversity (newsbuoy)

The suit also points out that Harvard first made diversity a goal in admissions in order to reduce the number of Jewish students accepted in the 1920s. Although this anti-Semitic origin has been known since it was reconstructed from Harvard president A. Lawrence Lowell’s archives by a doctoral researcher in the 1970s,1 most liberals have long considered it not a reason to impugn diversity but an unfortunate historical contingency that has since been overcome by developments that have made diversity desirable. The current lawsuit challenges this interpretation by suggesting that diversity is as restrictive for Asian-Americans today as it once was for Jews.

How I Read It: The Veritas Is Out There (jdargis)

There’s a lawsuit going on between Harvard and some Asian American students who say the admissions process discriminates against them. Producer Diane Wu looks at one student’s admissions file.

A Bad Moon Rising – Over Several Markets (GE Christenson)

History DOES show that stocks go up long-term, if you wait long enough.

WHY? The banking cartel, Federal Reserve policies, and government deficit spending devalue the dollar so each dollar buys a smaller piece of the stock market. Yes, stocks always go up, if you wait long enough.

Verizon says to shed 10,400 jobs by mid next year (Sparky1)

As part of the separation program, the employees will get a salary of up to 60 weeks, bonus and benefits, depending on the length of their service, Verizon said.

“This program coincides with Verizon’s recently announced realigned organization structure designed to optimize growth opportunities in the 5G era,” the company said.

Ebola 2018 Update: Lying With Statistics (thc0655)

Sorry if you can’t read it now, but that’s because I made the time axis correspond 1:1 to the number-of-people-affected axis, by shrinking the x-axis to 1/4 of the original. Note how the graph from zero to any point- cases, deaths, whatever – is now far more vertical. In layman’s terms, that’s a viral outbreak liftoff. Like a Saturn-V moon rocket.

Morgan Stanley Slashes Oil Price Forecast For 2019 (Michael S.)

Not everyone is optimistic, however. Reuters also quoted an Emirates NBD bank analyst as saying the cuts would not be enough to offset growing production from non-participants in the cuts. Edward Bell said he expected “a market surplus of around 1.2 million bpd in Q1 with the new production levels.” With the U.S. producing at a rate of 11. 7 million bpd and most indicators suggesting further increases, the oversupply scenario may well play out, sinking prices even lower.

Protesters disrupt US fossil fuel event at UN climate talks (TS)

Wells Griffith, a Trump administration adviser at the Department of Energy, said after the interruption that the United States would continue extracting fossil fuels, including through hydraulic fracking. Speaking at the event, Griffith warned against “alarmism” over climate change, adding that “all energy sources are important, and they will be utilized unapologetically.”

Gold & Silver

Click to read the PM Daily Market Commentary: 12/10/18

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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13 Comments

  • Tue, Dec 11, 2018 - 11:01am

    #1

    thc0655

    Status Platinum Member (Offline)

    Joined: Apr 27 2010

    Posts: 1466

    The razor-thin margin we're balanced on with Ebola

    Aesop, the ER nurse and blogger at raconteurreport.blogspot.com, answers questions he got about the above post about Ebola.  We’re hanging by a thread because if it gets out of Africa there may be no stopping it, judging by our experience with it since 2014.
    http://raconteurreport.blogspot.com/2018/12/questions-i-get-questions.html?m=1

    Q. Would you stick around if you were offered the vaccine? 

    Yes. Long enough to get the vaccine. Currently, of those who have received the experimental vaccine on an emergency basis, there have been zero Ebola infections, and no serious side effects noted.Once I had gotten it, I would still GTFO of Dodge, and then hunker down somewhere behind concertina wire with clear fields of fire.

    Q. What are the chances that vaccinated people could inadvertently infect a loved one by accidentally bringing the virus home through poor infectious control procedures?

    Exactly the same as unvaccinated people doing that. If Ebola comes in, GTFO.Period. If you can get vaccinated first, do that. Then GTFO.
     

    Q. Is it even possible to ramp up vaccine production to one hundred million or a billion doses? We know Ebola can produce enough virus.  

    No effing idea. That’s a question for the bean counters at Merck, Glaxo-Smith-Klein, etc. It’s mainly a question of time, resource allocation, and facilities available. Making Ebola vaccine probably means they’re not making tetanus, measles, and flu shots, for example, which killed more people in the 20th century than Ebola has in all outbreaks combined. In any event, it’s a months-long process, and depending on when you start, you may be too late to succeed, because you won’t have enough until six months after everyone in the affected area is dead. Complicating things is that so far, the vaccine is still experimental, and only being used on humans in the affected hot zone(s), because so far, there’s been no full clinical trials.
     

    Q. I’m not following this biology math. If ebola was as contagious as you say, then the last time it was in the US with the sick nurse going to her wedding etc. then it should have taken off. That set of events was an experiment from which contagiousness in the US environment can be estimated. How does that estimate turn out?

    What sick nurse, going to what wedding??Amber Vinson, not contagious at the time, tried on her wedding dress at a shop in Ohio. Being scrupulous, she noted an increase in her temperature while on that trip, and on her return to Dallas, checked in to hospital, where she was diagnosed with Ebola. (The dress shop, OTOH, a 20-year going business concern, closed permanently and went bankrupt as a direct result of just that onecontact. Multiply that times a few hundred to a few thousand businesses, and tell me how you see that contagion experiment going here, anywhere.)Both infected nurses (who had done everything they were told as far as PPE) were isolated nearly immediately after first showing signs of elevated body temperature, and were not wandering the streets for two weeks while fully contagious and coughing out virus. Unlike just about nearly every infected person in Africa.In very short order, they were both moved to full BL-IV isolation, because clearly the CDC protocols were fatally flawed (as the infection of two nurses proved rather devastatingly in exactly 21 days), and no one else at THP wanted to play any more.The entire ER and ICU staff there threatened to quit if the hospital didn’t close.Given that as Ebola Central, THP had a patient census now in the single digits, they shut their doors for several months, and barely avoided bankruptcy.And at the height of the outbreak, we had exactly one open BL-IV bed left in all of North America.So you were exactly two patients from Dallas becoming Monrovia, Liberia, at the height of the outbreak.Followed by the entire country rapidly becoming West Africa.Ebola, with no precautions, in the wild, doubles every 21 days, on average.Ebola in the US, with full infectious disease precautions and hazmat gear, doubled in 21 days.Then we stopped f**king around, and put all infectees into Level IV hazmat isolation.That, and the fact that Duncan was the only contagious person to slip out of W. Africa and into the US, is the only reason the disease didn’t take hold here and go all Black Death on us.Pure, dumb luck.Getting a grasp on how contagious it is now?

    Q. So how many cases in the US before you would go into Lockdown mode?

    One.Next question.And by “Lockdown” *I* mean:No flights into or out of the affected country(ies) for the duration of the outbreak plus 40 days, except military mercy flights. No entry of individuals from those countries directly nor indirectly, except after entering full 40-day absolute quarantine seclusion prior to being permitted to proceed. That incudes all healthcare and medical staff, without exception, even if totally asymptomatic on arrival.No “home seclusion” bullshit, no “wandering outside the house at will”, but rather being behind armed guards and barbed wire, sitting in a tent or locked room for 40 days, and showing not one single sign of illness for the duration.On Day 41, they can walk out.And the traveler pays the full cost of the personnel to monitor them, and 6 weeks’ worth of MREs or equivalent.If they don’t like it, they can stay in the Hot Zone country and wait a few months until the outbreak is resolved.Their choice.And don’t try any civil rights bullshit. Quarantine law is well-established, going back 600 years.If anybody in the Do-Gooder Brigade doesn’t like it, they should stay their ass in Ebola City over there, or stay their ass home here without going to Ebolaville in the first place.Any country or air carrier not scrupulously implementing the exact same protocol will be barred from entering US airspace, and any persons arriving from them subject to the same quarantine and rules.Or take a Sidewinder missile up their tailpipe, and uncontrolled descent at the coastal ADIZ. Flaming Jet A/Jet-A1 is a great sterilizer. So is 2000′ of seawater over the wreckage.

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  • Tue, Dec 11, 2018 - 12:00pm

    #2

    thc0655

    Status Platinum Member (Offline)

    Joined: Apr 27 2010

    Posts: 1466

    More incompetence at Douglas High School in Florida

    https://www.ammoland.com/2018/12/cowardice-at-parkland-shooting-security-recognized-shooter-rifle-case-video/#axzz5ZPGHckhe

    Evidence of more incompetence and cowardice has been exposed from the Parkland school shooting. Seventeen students and staff were murdered on February 14, 2018, at the Marjory Stoneman Douglas School.  I will not name the murderer.
    You have probably read and remember the armed school resource officer, Deputy Scot Petterson, failed to confront the killer immediately. He did not run to the sound of the gunfire. Instead, he waited outside the school for others to come. Eventually, there were seven or eight deputies outside the school waiting. Officers from another jurisdiction showed up and immediately entered, but it was too late. All the killing was complete. The murderer had fled the scene.
    Wikipedia says the murderer was carrying a “duffle bag” and a backpack. That is incorrect.  The murderer was carrying a black rifle case, not a duffle bag.
    It is a critical distinction, because Andrew Medina, a school security monitor, recognized the rifle case.
    Andrew Medina stated the murderer was carrying a rifle bag, and he recognized it as such. He said this in a recorded interview, under oath, shortly after the shooting.
    He was the first person recorded to see the murderer enter campus. He stated that he had been previously briefed; that the murderer was the most likely student to “shoot up the school” and that he recognized him.
    From the Miami herald.com:

    As soon as Cruz began walking “like on a mission” toward the building, Medina followed and began frantically texting fellow security guards. “We had a meeting about him last year and we said if there’s gonna be anybody whose gonna come to this school and shoot this school up, it’s going to be that kid,” Medina told detectives on the day of the Feb. 14 shooting.

    Medina stated that when the murderer had been enrolled at the school, they were “always watching him”:

    “Just crazy,” Medina recalled of Cruz during the teen’s time at Parkland. “And we always was [sic] watching him, you know. Like, it was one of those kids that we always kept an eye on.”

    What was the point of being briefed on the threat, recognizing him, and then doing nothing to stop him?

    Medina called another unarmed security monitor. That monitor hid in a closet during the shooting. This lack of action is an obvious point of failure of the system. If Medina had confronted the murderer, he might have been able to stop him from entering the school. At the minimum, he would have disrupted the murderer’s plan and created a delay until armed police.
    Medina recognized him as a threat. He realized he was carrying a rifle case. The murderer was forbidden from being on the school campus. A rifle in a rifle case is not an immediate threat until it is removed from the case. The murderer did not appear to be armed with other weapons. Medina did nothing to stop him. He never shouted at him or called for him to stop…
    Gun owners, Second Amendment Supporters and the NRA are favorite targets of the blame shifting.  It fits the narrative Progressives sell: individuals are not responsible for their actions, society is.
    But none of the restrictions called for on gun owners, Second Amendment supporters, or the NRA would have stopped this mass murder.
    Better training and a strong sense of individual responsibility could have stopped it, at multiple points. Andrew Medina’s recognition of the threat and lack of action is now a classic example of that failure.

    Honestly, I don’t see how anyone who is aware of what is going on can NOT take the default position of, “I am the person primarily responsible for my own safety.”  As it is, most people seem to believe nothing bad will ever happen to them, and if it does the police and “the authorities” will protect them and take care of the problem.  Reality does NOT support those assumptions. We should default to being our own primary defender, yielding responsibility only after qualified people show up and take over.


    You have to laugh to keep from crying.

     

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  • Tue, Dec 11, 2018 - 12:25pm

    #3
    Rwrek

    Rwrek

    Status Member (Offline)

    Joined: Feb 09 2012

    Posts: 19

    The razor-thin margin we're balanced on with Ebola

    Harsh – But far closer to correct than the PC  crowd.

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  • Tue, Dec 11, 2018 - 12:29pm

    #4

    thc0655

    Status Platinum Member (Offline)

    Joined: Apr 27 2010

    Posts: 1466

    Unspeakably harsh lessons on surviving in Venezuela

    https://www.prepperwebsite.com/10-survival-rules/

    Survival Rules to Know #7 – Realize That There Will Always Be Evil and People Willing to Hurt Others!

    Two days before I left to come back to the states, some of the gang members on the corner in front of my brother’s house saw a cat in the window of a single elderly lady across the street. From my brother’s broken window, we could hear the gang members discussing how she must have food and lots of other valuable stuff. Later that evening, we heard them discuss how they were going to break into the lady’s house later that night.
    At about midnight, my brother and his wife woke me up because there was a gang of about fifty people outside their house. As we lifted the shades to see outside in the dark, the moon was bright enough to watch those fifty or more people descend on the elderly woman’s house. In less than five minutes, every window had been broken, every door had been kicked in and the house entirely ransacked. We watched a person in front of the house cut the still living cat in half and share it with another hooded person who ran off with it.

     

    Survival Rules to Know #8 – Understand That You Will See Things You Don’t Want to See!

    Five minutes after the break-in, another twenty people from the neighborhood entered the house. The woman screaming is all you could hear. About ten minutes after it all started, everyone in the house exited in a hurry and ran away as flames could be seen in the windows. The nude elderly woman who owned the house stumbled out of the front door and fell to the ground just two feet away from the house. My brother’s wife, my brother and I ran out to try and help the elderly woman. But when we got there, we could see it was hopeless. She was bleeding from every orifice. Blood was running down her pubic area, chest, legs, nose, mouth, and even out of her ears. She struggled to breathe for about two minutes before the breathing stopped. My brother’s wife held her hand until it was clear she was gone and then my brother pulled her away as she cried.

     

    Survival Rules to Know #9 – You Can Only Count On Yourself and Those Close to You!

    The house burned to the ground within an hour. Not a single fire truck came. An armored police truck with a 20MM machine gun on the top showed up for less than five minutes about nine that morning. They spent less than five minutes looking at the smoldering ruins, threw the body in the back of the truck and left.

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  • Tue, Dec 11, 2018 - 3:06pm

    Reply to #4
    mntnhousepermi

    mntnhousepermi

    Status Bronze Member (Online)

    Joined: Feb 19 2016

    Posts: 153

    the attitude from venezuella story

    realy upsets me.  WHy not tell the old woman she is targeted ? why to begin with are vulnerable people in the neighborhood left to live alone ? There is strength to banding together. It is better to die fighting for what is right than to let an old woman be hurt and killed while you listen and do nothing
     
    I get at this point maybe they were scared to intervene ? But, months ago, last year, why would all the neighbors abandon each toher like this. 
    Thank god we still have the rights to guns.  I would not imagine a scene like this happening in any neighborhood were people first, band to gether and look out for each other rather than try and go it alone, and second, make use of being armed.

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  • Tue, Dec 11, 2018 - 3:41pm

    Reply to #1
    ezlxq1949

    ezlxq1949

    Status Bronze Member (Offline)

    Joined: Apr 29 2009

    Posts: 224

    Razor-thin margins

    thc0655 wrote:

     We’re hanging by a thread because if it gets out of Africa there may be no stopping it, judging by our experience with it since 2014.

    If experience is any guide, it might get into Australia. The budget for our Quarantine inspection services has been cut over the years, for a variety of reasons but at least one of which is to promote trade. Thus far the effects have shown mainly up in the appearance of exotic plant pests and pathogens. Trade seems to be more important than life itself.
     

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  • Tue, Dec 11, 2018 - 4:41pm

    #5

    HappyCamper

    Status Member (Offline)

    Joined: Apr 16 2018

    Posts: 7

    Ebola

    The process to create vaccines, developed in the 1930s, involves the use of other creatures. Gives new meaning to “Mark of the Beast” when you consider that mark on your arm from those childhood inoculations represent vaccines made with genetic material from mice.
     
    https://explainlife.com/scientist-jailed-after-discovering-deadly-viruse
     
    I encourage you to watch the video with this article. I’m buying a copy of the book next month.
    Keep in mind that the mainstream media is bought and paid for. And don’t waste your time with a letter to the editor, as most people don’t read the paper anymore.

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  • Tue, Dec 11, 2018 - 7:50pm

    Reply to #1
    fated

    fated

    Status Bronze Member (Offline)

    Joined: Feb 16 2014

    Posts: 52

    Blase Quarantine workers?

    I came back from South Africa / Swaziland earlier this year.
    I’d been camping, to the beach, through open drainage in soweto, hiking, etc. Plenty of places to pick up soil, sand and germs on all my gear.
    At on stage I stepped ankle deep in mud and my shoes were filthy.
    Coming back through customs I mentioned my shoes. They had no concern at all….
    Once home I washed them in the laundry tub before I would wear them outside into my own garden – just in case.
    I assume our quarantine workers are highly on spread of disease, but their attitude seemed blas’e to me.

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  • Wed, Dec 12, 2018 - 12:46am

    Reply to #1
    ezlxq1949

    ezlxq1949

    Status Bronze Member (Offline)

    Joined: Apr 29 2009

    Posts: 224

    Quarantine depends

    I presume your home country is not Australia. My experience is that our front-line Quarantine people are VERY fussy about dirty shoes, timber toys with the bark still on them, any and all food, and so on. Your dirty shoes would have been thoroughly cleaned at the airport before being allowed in. My timber toy had all the bark peeled off. Food can come in provided it’s canned properly. And so on.
    However, recently a few of us were discussing the speed with which goods ordered overseas are being delivered, and we suspect that Quarantine is either not inspecting a lot of incoming parcels and packets, or is being very cursory.
    Penny wise and pound foolish?

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  • Wed, Dec 12, 2018 - 4:23am

    #6
    VeganDB12

    VeganDB12

    Status Bronze Member (Offline)

    Joined: Jul 18 2008

    Posts: 110

    asympomatic ebola

    https://theconversation.com/symptomless-ebola-questions-need-to-be-answe
    a certain and significant number of people who get exposed don’t get sick. one interestin point from this public health article is that seven percent of germans have antibibodies either to Ebola or similar viruses.
    these things may circulate more than we realize. people who get immunity are recruited to provide care and services in outbreak areas. maybe this is good news overall though the risk of transmission from asymptomatic people is still a topic of debate from what I have read. 

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  • Wed, Dec 12, 2018 - 3:38pm

    Reply to #5

    Grover

    Status Gold Member (Offline)

    Joined: Feb 15 2011

    Posts: 691

    Vaccines

    HappyCamper wrote:

    The process to create vaccines, developed in the 1930s, involves the use of other creatures. Gives new meaning to “Mark of the Beast” when you consider that mark on your arm from those childhood inoculations represent vaccines made with genetic material from mice.

    HappyCamper,
    Thanks for posting that link. I knew about the mercury derivatives that are used as preservatives, but I hadn’t heard anything about unwanted retrovirus being included in the shot. Why don’t we scrub everything in mouse brains if it is good for vaccines?
    I try to weigh out the advantages of vaccines against the risks associated with them. I got a tetnus vaccination (with 3 other vaccines included) a few years back because I spend so much time outside. I’m old enough that I won’t bother getting another of these. Was it worth it? Who knows.
    Coincidentally, the worst flu I ever got was after my last flu vaccine (1995.) I know people who religiously get the flu shot every year … and almost as religiously, get the flu nearly every year. I often hear them say that their flu would have been much worse if they hadn’t gotten vaccinated. It’s hard to prove otherwise with a sample size n=1.
    The same vaccination fever is being applied to pets. Here is a link to an easy-to-read and informative pdf about dog vaccinations. The gist of the article is that one immunization of infectious vaccines at 16 weeks of age is considered protective and acceptable (pg 16.)
    http://www.standeyo.com/NEWS/18_Animals/181210.Are.You.Vaccinating.Your.Dog.Too.Much.pdf
    We balked at getting a rabies vaccination for our Golden Retriever before being allowed to license him. We went to a holistic vet who performed a titer to determine that our dog had sufficient defense against rabies to allow us to get our license. It was the same result every time we had to do it throughout his life. The titer was more expensive than just getting the vaccine; however, we found out the vaccine (and its unwanted payload) wasn’t necessary. Does it work the same way for humans? Hmmm.
    Big Pharma uses fear to sell their vaccines. They use this approach because it works! It is also very profitable for them. The real kicker is that vaccine companies are immune from tort liability. If you are harmed by the vaccine or its payload, you can only argue your case in “vaccine court.” https://www.goldbergsegalla.com/resources/news-and-updates/supreme-court-upholds-immunity-vaccine-manufacturers.
    It doesn’t surprise me that Big Pharma uses the tactics to sell more of its products. It surprises me that people actually buy it. Oh, that’s right. We have health insurance to pay for it all. Is that why health insurance is so expensive? With all our vaccinations, you’d expect that Americans would be the healthiest people in the world. Hmmm.
    Grover

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  • Wed, Dec 12, 2018 - 10:07pm

    Reply to #1
    fated

    fated

    Status Bronze Member (Offline)

    Joined: Feb 16 2014

    Posts: 52

    Aussie True Blue

    Hi Ezlxq
    I’m very much an Aussie and well and truly live in Australia.
    In this instance I arrived into Perth Airport at 5am (lazy time for the workers perhaps), traipsed around Perth for the day, then flew to Melbourne and drove home from there.
    Make of that what you will. I’ve never been o/s before so have no comparison. Hubby has travelled plenty worldwide and felt Personal ID checks and pedantic liquid and improvised weapons items checks in all places were becoming more stringent but quarantine less so in all places. Jo’berg airport didn’t even want to check any of the medications I was carrying.
    Perhaps too many new rules to enforce and less staff to do so, so something gives, and it’s not checking for potential ‘terrorists’.

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  • Wed, Dec 12, 2018 - 10:11pm

    Reply to #1
    fated

    fated

    Status Bronze Member (Offline)

    Joined: Feb 16 2014

    Posts: 52

    Aussie True Blue

    double post

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