• Daily Digest

    Daily Digest 7/12 – Good News Friday: BofA Cuts Ties With Private Prisons, Finding The American Dream at the Public Library

    by Daily Digest

    Friday, July 12, 2019, 7:48 AM


This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header “Good News Friday.” We will save and post weekly. Enjoy!


Bank of America cuts business ties with detention centers, private prisons (sv)

“The private sector is attempting to respond to public policy and government needs and demands in the absence of long standing and widely recognized reforms needed in criminal justice and immigration policies,” Bank of America said in a statement to The Washington Post. “Lacking further legal and policy clarity, and in recognition of the concerns of our employees and stakeholders in the communities we serve, it is our intention to exit these relationships.”

We’re told that too much screen time hurts our kids. Where’s the evidence? (tmn)

But – and this is key – it’s not an exaggeration to say that these effects were minuscule by the standards of science and trivial if you want to inform personal parenting decisions. Our results indicated that 99.6% of the variability in adolescent girls’ satisfaction with life had nothing to do with how much they used social media.

Tenants Won This Round (sv)

Rent regulation is now a permanent feature of New York’s housing law, rather than one that expires periodically and needs to be renewed. In the past the New York tenant movement has generally fought against moves to make the law permanent because it was so flawed, and each renewal would prompt another opportunity to mobilize for their improvement; with rent regulations now significantly expanded, this laws’ indefinite tenure is generally seen as a major achievement for tenants.

Illinois is expunging marijuana convictions from nearly 800,000 criminal records (sv)

The bill also includes a “social equity program,” which makes it easier for those with marijuana convictions to get business licenses. The program also allocates $12 million for startup businesses related to cannabis, as well as funding for job training programs in the state’s cannabis industry, the Marijuana Policy Project says.

I Found My American Dream at the Public Library (jdargis)

Because libraries are free no one is excluded from their services. Children, people with disabilities, the elderly, the poor, the rich, everyone can join. In those early years in America, when I bought my clothes in thrift stores and furnished my apartment with the chairs and carpets my wealthy neighbors discarded, my local library was the only place where I didn’t feel poor, foreign, lesser. As librarian Amanda Oliver pointed out in her Twitter response to the Forbes op-ed, the library is “one of few places in our society where the underserved can be treated with dignity and respect.”

After 6-Year Battle, Florida Couple Wins The Right To Plant Veggies In Front Yard (sv)

“After nearly six years of fighting … I will once again be able to legally plant vegetables in my front yard,” Ricketts said in a statement. “I’m grateful to the Legislature and the governor for standing up to protect my freedom to grow healthy food on my own property.”

Plenty Unveils Its Largest, Most Efficient Farm Yet (newsbuoy)

There are more than 20 companies erecting indoor farms around the country — another Bay Area player is San Mateo’s Crop One, which is building a giant farm in Dubai. Industry leaders say vertical farms can be a solution at a time when labor shortages, drought and climate change threaten outdoor agriculture as well as bring fresh produce to regions that lack arable land. These farms are springing up all over the world, including Japan, the Netherlands and Antarctica.Vertical farm Plenty races against the sun

Vertical farm Plenty races against the sun (newsbuoy)

Silicon Valley vertical farm Plenty unveiled its newest farm which can produce enough leafy greens to supply over 100 stores. Its last farm could only serve three stores and some restaurants. Across the U.S., top vertical farms are making their biggest push ever to scale up.

Gold & Silver

Click to read the PM Daily Market Commentary: 7/11/19

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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  • Fri, Jul 12, 2019 - 12:46pm



    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2130


    Homeless people are bad for the environment 😉


    The wealthy San Francisco residents who launched a crowdfunding campaignto block construction of a new homeless shelter in their waterfront neighborhood are employing a new tactic: arguing that homeless people are bad for the environment.

    In a lawsuit filed against the city of San Francisco and the California State Lands Commission, the residents called for the project to undergo an environmental review before breaking ground.

    “This project will have a significant effect on the environment due to these unusual circumstances, including by attracting additional homeless persons, open drug and alcohol use, crime, daily emergency calls, public urination and defecation, and other nuisances,” the lawsuit states.

    NIMBY is alive and well among the “woke” crowd too. 😂

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  • Fri, Jul 12, 2019 - 1:56pm



    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 247


    “The unholy alliance between capital, corporations, and the state is called fascism”

    What should we make of Facebook's Libra whitepaper? Will it survive to become a production network? Why is Silicon Valley coming for banking? Does it change anything about the regulatory environment faced by open public blockchains?

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  • Sat, Jul 13, 2019 - 2:45am


    Status: Member

    Joined: Sep 03 2008

    Posts: 2251


    homeless vs sanctuary

    My thought is that the rich don't care much one way or the other about US citizen homeless people (unless of course they are threatening to live in *their* neighborhoods) - instead, they think its much more important to virtue-signal by keeping SF a sanctuary city, with the side benefit that their nannies, maids and gardeners will continue to be available at rock-bottom prices.

    I do kinda agree with them about the environmental impact though.

    I wonder if there were any studies done.  Does crime go up?  Public urination?  Talk about a politically incorrect project...but I do wonder what the facts are.

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  • Sat, Jul 13, 2019 - 7:33am



    Status: Member

    Joined: Apr 01 2017

    Posts: 11


    homeless vs sanctuary

    I wonder if there were any studies done. Does crime go up? Public urination? Talk about a politically incorrect project…but I do wonder what the facts are.

    davefairtex - There's little need to do studies, all of us that live here can see the environmental impact every day, as well as the social/psychological impact (on everyone), the crime impact, all of it. I used to work in downtown SF, now work in Berkeley. I have seen multiple people defecate on the sidewalk and in the BART stations in front of me, people masturbating in doorways, dead people on sidewalks, and regularly see the most extreme mental illness displayed while people simply turn away and keep walking. Homeless camps are everywhere, multiplying, and growing. A friend recently left Oakland for Mexico after living and owning businesses in Oakland for 20 years. She couldn't stand watching her former neighbors literally kicked out onto the sidewalk as wealthy tech workers converted old multi-unit buildings into million dollar +++ single family homes and condos. One person had a bucket of human feces thrown on him from a former resident turned homeless park dweller. Thousands have been thrown out who were once paying maybe $800 a month for a 2-3 bedroom apartment in affordable areas to find studios costing $2500-3500 a month, if you can find it and qualify. They can't and don't.

    The Bay Area now has it's first favela. I have been predicting this for a few years and expect them to spread until the market finally crashes, or the tech/startup ponzi crashes, or we will simple turn into Rio de Janeiro or São Paulo.

    Oakland Struggles To Clean Up Homeless Camp By Home Depot


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