Investing in Precious Metals 101 Ad
  • Daily Digest
    Image by AI_HikesAZ, Flickr Creative Commons

    Daily Digest 12/20 – The Billion-Dollar Battle For PR’s Future, IMF Isolates China and Russia

    by DailyDigest

    Sunday, December 20, 2015, 4:54 PM


Inside the Billion-Dollar Battle for Puerto Rico’s Future (LesPhelps)

On the surface, it is a battle over whether Puerto Rico should be granted bankruptcy protections, putting at risk tens of billions of dollars from investors around the country. But it is also testing the power of an ascendant class of ultrarich Americans to steer the fate of a territory that is home to more than three million fellow citizens.

Obama Abruptly Waives 1980 Foreign Investment in Real Property Tax Act (pinecarr)

FIRPTA was implemented during a better era for Americans in response to international investors in the late 1980s and early 1990s buying U.S. farmland, as well as the more publicly visible buying of trophy U.S. property by the Japanese. The US government has now expediently waived FIRPTA.

UK poll finds small majority of Britons in favor of ‘Brexit’ (richcabot)

The “Independent” speculated in its Tuesday edition that the Paris attacks may have shifted sentiment toward a “Brexit.” This is, however, disputed by some pro-EU campaigners, who say the November 13 attacks, claimed by self-named “Islamic State” jihadis, may well end up increasing British solidarity with the bloc.

Texas Election Lawsuit Uncovers Hart InterCivic Computer Corruption Errors: Plus Official Election Records Missing (richcabot)

“What we discovered is that the very pillars of our Constitution – specifically voting rights and our system of checks and balances – were not being followed regarding electronic voting systems. As we attempted to verify the results, some official election records came up missing,” Pressley relayed. “The Texas Legislature put in place specific laws that were intended to help ensure the integrity of the electronic voting process, and Texans deserve to know that their votes are counted correctly,” said Pressley and her historic case is moving forward in the Third Court of Appeals in Texas. Pressley added, “Texans demand transparency in the democratic process, and we must be able to inspect and verify the official records in an election. This case is about ensuring our voting process is accurate, secure and reflects each voter’s intent.”

Beware: Someone Is Trying to Convince You That Bernie Can’t Win (richcabot)

A report, circulated by Media Matters, found that on one network alone Donald Trump has been given 81 minutes of coverage compared to less than one minute for Sanders, even though, as The Nation’s John Nichols notes, Sanders has broader support among Democratic voters than Trump does among Republicans in the first voting state, Iowa.

No, we’re not crazy, they just want us to think we are.

Where will the Ukrainian bombs explode? (richcabot)

While the International Coalition planes bombed a camp of the Syrian Arab Army, December 6, Ukrainian Cyber-Berkut have made public new documents. They show that Qatar has bought Russian-made bombs in Ukraine so as to accuse Russia.

Pete Seeger Labelled ‘Subversive’ After Speaking Out Against Plan to Deport Japanese (richcabot)

In one excerpt, the investigator who interviewed Guthrie reportedly noted the singer’s guitar, famously emblazoned with “This Machine Kills Fascists.” Of the inscription, the investigator wrote: “It is this agent’s opinion that this bears out the belief that the Almanac Players”—of which Guthrie and Singer belonged—”were active singing Communist songs and spreading propaganda.”

The IMF Changes its Rules to Isolate China and Russia (richcabot)

Russia’s 2013 loan to Ukraine, made at the request of Ukraine’s elected pro-Russian government, demonstrated the benefits of mutual trade and investment relations between the two countries. As Russian finance minister Anton Siluanov points out, Ukraine’s “international reserves were barely enough to cover three months’ imports, and no other creditor was prepared to lend on terms acceptable to Kiev. Yet Russia provided $3 billion of much-needed funding at a 5 per cent interest rate, when Ukraine’s bonds were yielding nearly 12 per cent.”

In Flint, Mich., there’s so much lead in children’s blood that a state of emergency is declared (richcabot)

The Hurley Medical Center, in Flint, released a study in September that confirmed what many Flint parents had feared for over a year: The proportion of infants and children with above-average levels of lead in their blood has nearly doubled since the city switched from the Detroit water system to using the Flint River as its water source, in 2014.

Gold & Silver

Click to read the PM Daily Market Commentary: 12/18/15

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."

Related content
» More


  • Mon, Dec 21, 2015 - 12:04pm


    Arthur Robey

    Status Platinum Member (Offline)

    Joined: Feb 03 2010

    Posts: 1814

    I Robot

    Cornell researchers are teaching robots to watch instructional videos and derive a series of step-by-step instructions to perform a task. You won't even have to turn on the DVD player; the robot can look up what it needs on YouTube.

    Now tell me UFO's aren't real.

    Login or Register to post comments

  • Mon, Dec 21, 2015 - 1:11pm


    Arthur Robey

    Status Platinum Member (Offline)

    Joined: Feb 03 2010

    Posts: 1814

    And in the land of Asimo

    Further in Japan, in order to solve the energy problems and nuclear waste disposal, the CMNS research proposals were accepted recently by the government grant agencies, and the feasibility studies have already started. 

    We are off cause discussing  nuclear energy and it's implications for Japan.

    Plenty of other juicy stuff tòo. Stuff you haven't been paying attention to.


    Login or Register to post comments

  • Mon, Dec 21, 2015 - 10:04pm

    Reply to #1


    Status Bronze Member (Offline)

    Joined: Oct 13 2008

    Posts: 295

    Re: RoboBrain

    Its a gimmick. They preprogram all of the processes into the robot and the the video is more or less a flash card which cause the robot to follow a set of pre-programmed instructions based upon the video. Its not learning from the video, just using a set of images to implement a process. At best the video is serving as a sequence of flash cards that the robot follows in sequence.

    To actually learn from a video would take considerably more tech than we current have. All computers today still function using a set of preprogrammed instructions. There is a Project in the UK to minimick about 1% of the human brain with a set of 1 million ARM processors configured in a 1-Billion neural network. Last time I looked they still have not assembled the full machine because of technical problems.

    Login or Register to post comments

Login or Register to post comments