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    Daily Digest 3/27 – Sad Signs Of Collapse, The Quest To Live Forever

    by DailyDigest

    Monday, March 27, 2017, 3:39 PM


Dollar, Equities Slide as Trump Trade Shows Cracks: Markets Wrap (jdargis)

The S&P 500 Index pared declines after falling almost 1 percent, as selling in defensive shares eased. Banks bore the brunt of declines, with a KBW index of lenders pushing losses since March 1 past 10 percent after the Republicans’ failure to pass a health-care bill raised the specter that promised pro-growth policies may be delayed. The greenback was on the verge of erasing the rally spurred by Trump’s election victory, while Treasury 10-year yields fell to 2.35 percent.

Steve Mnuchin Is ‘Not Worried at All’ About Machines Displacing American Workers (jdargis)

To be sure, most experts agree that the impact of advancing artificial intelligence won’t be felt equally. It’s less likely that machines will suddenly be able to replace the entirety of a human’s workload, but instead, that machines will become able to perform more and more individual tasks—and eventually to solve more complex problems. But without planning and intervention, such as retraining efforts, this could create an even more stratified workforce, where only the most educated, highly skilled, senior workers have stable work. And that would have disastrous implications for an already troublesome economic inequality gap.

Top US coal boss Robert Murray: Trump ‘can’t bring mining jobs back’ (jdargis)

Murray met Trump in February when the president signed repeal of the Stream Protection Rule, Obama-era legislation that prevented coal companies from dumping mining debris in streams and which Murray called an “unlawful and destructive” attempt to “destroy our nation’s underground coalmines and put our nation’s coalminers out of work” .

It was the 77-year-old Murray’s first visit to the White House and, he hopes, the first of a series that will help push coal’s agenda.

Sad Signs Of A Collapse (Tiffany D.)

As Jocelynn Smith wrote on Thursday: The American economy is balanced on the edge of a precipice. For example, our labor-force participation for men is the second worst of the OECD countries. Not to mention a litany of other issues, including our ever-shrinking middle class and a government that isn’t the most trustworthy. Last year, we ranked 28th out of 70 in a list of the World’s Most Reputable Countries. We’re not even the healthiest. According to 2017 Bloomberg’s Global Health Index — the U.S. placed 34th out of 163 countries.

Silicon Valley’s Quest To Live Forever (jdargis)

In the back, Andy Conrad picked up a mike to challenge the emphasis on extending maximum life span, which is currently around a hundred and fifteen. Conrad is the C.E.O. of Verily, a life-sciences firm owned by Google’s parent company, Alphabet. Like most of the scientists in the room, he aims simply to help people enjoy a few more “quality-adjusted life years.” He asked, “Isn’t longevity a misnomer? Isn’t it ‘living longer well’? Or ‘healthspan’?” The biologists nodded with relief.

Information Wars: A Window into the Alternative Media Ecosystem (jdargis)

In subsequent crisis events, similar rumors appeared. After the Umpqua Community College shooting, a rumor claimed the event was staged by “crisis actors” for political reasons — specifically to justify legal restrictions on gun rights. And after the shootings at the Orlando Pulse nightclub, a rumor suggested they were committed by someone other than the accused gunman — with the purpose of falsely blaming the attack on Muslims. For every man-made crisis event we studied, we found evidence of alternative narratives, often shared by some of the same accounts and connected to some of the same online sites.

Self-Driving Cars May Just Be the Start (Michael K.)

There’s a constant flow of news from the self-driving car camp, from Tesla’s announcement that it will release its first entirely autonomous car later this year to reports that Uber’s self-driving car is failing spectacularly—and not only that, but allegations that it’s based on stolen tech from Google’s Waymo.

The North Atlantic may get its first-ever named storm in March next week (jdargis)

Any cyclone that forms next week would almost certainly be classified as a “subtropical storm” (the Miami-based National Hurricane Center began naming subtropical storms, in addition to tropical storms, in 2002). It would originate from a mass of cold air that recently moved off of the United States, eastward, into the subtropical area of the Atlantic Ocean. Unlike “tropical” storms, subtropical storms have cold air at their centers and generate energy from the interaction of cold and warm air masses. (By contrast, a tropical cyclone derives energy from latent heat, as water vapor evaporates from the ocean’s surface and condenses into liquid water).

Gold & Silver

Click to read the PM Daily Market Commentary: 3/24/17

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  • Mon, Mar 27, 2017 - 8:53am


    Matt Holbert

    Status Member (Offline)

    Joined: Oct 03 2008

    Posts: 66

    Information Wars Study

    This research reveals one of the downsides of higher education in the last 120 years or so. Specialization. How many of those who participated in the study have watched and digested something like the Crash Course? How many are aware of the Princeton University study that reveals that the US is an oligarchy? How many can watch a film of a building in free fall and understand what they are seeing? How many idolize someone like Bill Gates who — according to a critical thinking systems educator — does not know about EROEI? I would venture to say that the answer to all of the questions except the last is zero.

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  • Mon, Mar 27, 2017 - 2:18pm



    Status Gold Member (Offline)

    Joined: Jun 25 2014

    Posts: 825

    Disappearance in front of us.

    A very strange (or not so strange) thing happened yesterday.  I think somebody was “disappeared” in front of Gaudeor and me.
    We were driving home from the Eastern shore at 8:45 pm Sunday, and got off I-264S at the Victory Blvd exit.  A police car came past us with lights flashing, and we let it go past.  It went left on Victory, and under the interstate.  There, there was a white Ford pickup truck upside down, about 10-20 feet from the interstate bridge, with a wheel gone, and nobody in the cab.  Right next to Cavalier and Victory, all the firefighters were gathered around what I assume was either a stretcher or a body bag.  That was 50′ away, perhaps.  
    The pickup truck’s frame was bent at something like 10 degrees, between the cab and the bed.  It looked like it might have gone off the bridge.
    Not wanting to interfere, we went on, and I sent a news tip to  
    So far, there’s nothing on it.  I spoke to a police officer (neighborhood officer) at Farm Fresh nearby, and he looked it up:  Nope, nothing.  A man got hit and killed on London Blvd, shortly after, but nothing here.
    I know what I saw.  
    There were two police cars, a fire truck, and an ambulance there.
    Don’t believe the claims of fake news. The news is already being faked, by those who control it.  And the real news isn’t being told.
    And disappearance doesn’t mean that someone was murdered, or taken to Guantonimo.  It might mean that the son of an ambassador had everything covered over for him… but it doesn’t matter.  One disappearance leads to another.

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