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    Daily Digest 6/17 – Oil Market Jitters Caused By Syria, Gagged By Big Ag

    by DailyDigest

    Monday, June 17, 2013, 3:47 PM

Economy

McD’s worker sues: Don’t pay by debit card (Thomas C.)

According to the complaint filed, the JP Morgan Chase payroll card lists several fees, including a $1.50 charge for ATM withdrawals, $5 for over-the-counter cash withdrawals, $1 per balance inquiry, 75 cents per online bill payment and $15 for lost/stolen card.

Gunshannon said she had taken her concerns to the main office of the franchise holder – Albert and Carol Mueller, trading as McDonald’s, in Clarks Summit. She was told that the card was the only option, she said.

Philly Archdiocese grappling with pensions for clergy (Thomas C.)

Kenneth Gavin, a spokesman for the archdiocese, said the policy requiring priests in church-owned facilities to refund portions of their pensions started in April. He would not discuss other changes or aspects of the pension plan, including what the archbishop said in his private meetings with clergy.

Gavin said the archdiocese planned to release “detailed financial reports” about its spending and costs this summer.

The Prism (jdargis)

As a matter of historical analysis, the relationship between secrecy and privacy can be stated in an axiom: the defense of privacy follows, and never precedes, the emergence of new technologies for the exposure of secrets. In other words, the case for privacy always comes too late. The horse is out of the barn. The post office has opened your mail. Your photograph is on Facebook. Google already knows that, notwithstanding your demographic, you hate kale.

Liquid Fuel Consumption is Unlikely to Fall While it is Still Subsidized (James S.)

Thus when the EIA project that global demand will grow to over 92 mbd in the next year, they are likely only being realistic. Their assumption that it may then decline is perhaps more in the nature of wishful thinking.

Syrian War Causes Oil Market Jitters (James S.)

Syrian oil production is down more than 50 percent since conflict began in March 2011. The latest assessment of the oil sector said any future exploration in the country is next to impossible until the conflict ends. With Western allies mulling a no-fly zone over Syria in response to U.S. chemical weapons claims, investors are getting nervous. The United Nations already said it wants to prop up the peacekeeping force monitoring a cease-fire between Israel and Syria after Austrian forces pulled out because of security concerns. While Turkey is pre-occupied with domestic unrest, it’s made its frustration with the Syrian situation loud and clear.

An Arid Arizona City Manages Its Thirst (jdargis)

“We’re often maligned as being an unsustainable place simply for existing in an arid climate,” said Colin Tetreault, senior policy adviser for sustainability for Mayor Greg Stanton. “But that’s just myopic.”

Gagged By Big Ag (jdargis)

While Lyons filled out paperwork and had his mug shot taken, his wife’s cellphone buzzed again and again: Her husband’s name was already on the evening news. Lyons hired a lawyer—but he was on video and he’d confessed to the deputy sheriff. “They got you, dude,” Lyons said his attorney told him. He accepted a plea agreement—six months’ probation and a $625 fine plus court fees—and signed an admission of guilt. It may seem like a slap on the wrist, but Lyons was the first person ever convicted of criminal livestock neglect on a Midwestern farm—and only the seventh person convicted of animal abuse in the history of the American meat industry. He wasn’t alone for long: Five of Lyons’ coworkers soon signed similar agreements.

Gold & Silver

Click to read the Gold & Silver Digest: 6/14/13

Provided daily by the Peak Prosperity Gold & Silver Group

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