EU member states appear ready to heed the request, according to a Nov. 6 paper that develops their stance on a bank-failure bill proposed by the European Commission. They suggest giving authorities the power to cap deposit withdrawals as part of a stay on payments only after an institution has been declared “failing or likely to fail.”
An autopsy of the American dream (blackeagle)
The book argues the people with the most advantages in the American economy have used that privilege to catapult themselves ahead of everyone else, and then rigged the system — to cement their position at the top, and leave the less fortunate behind.
On the night of July 1, 1776, after a steamy heat-and-storm-laden day, the Continental Congress took a break from debating declaring independence from Britain. Nine colonies, a majority, voted for independence, but there was a desperate need for a unanimous vote. That night, came the dreadful news of 100 British warships off the shores of New York City. The final vote came the next day, on July 2nd. New York abstained (and we thank them). John Dickinson of the divided Philadelphia delegation was absent. We thank him too.
Unfunded Promises (hail)
Uncle Sam has made too many promises to too many people, with little regard for its future ability to fulfill them. These are debt. Worse, some of them are additional debt on top of the obligations we already see on the national balance sheet.
The woman, a local farmer, had been shearing her sheep when she realized she was covered in black, crawling spots and booked it to the health department. She had a change of clothes in her car and gave the health office staff her bespeckled pants; they threw them in the lab freezer to kill the ticks. Later that day Rainey headed over to his colleague’s building, where the staff took the pants back out of the freezer and shook the clinging ticks out into a pan. They saved about a thousand—although the ticks were dead, Rainey wanted to keep them for further testing. “I took a look at them, just thinking, ‘Well, that’s an awful lot of ticks,’” Rainey recalls. “It was almost exhilarating—to the point where you wanna blow up the building, though.”
The Most Important Geopolitical Meeting This Year (Michael S.)
The alleged meddling of Moscow in the American presidential elections of 2016 created a political minefield for President Donald Trump when trying to meet with President Vladimir Putin of Russia. Although they have spoken several times on the fringes of international events such as the G20 gathering in 2017, an official bilateral visit has not yet been organised. Recent developments, however, have provided an opening for both leaders. Besides the civil war in Syria and the ongoing conflict in Ukraine, coordination in the energy domain has proven to be another reason for communication.
“It’s not prevalent today, but depending on changes in the law and the diminishing availability of public funds it may become more prevalent,” she said, noting long-term care facilities may be more motivated to pursue family members for payment as Medicaid reimbursement rates decline. “There are several cases recently that have held children responsible for paying their parent’s bills.”
All theories, all models that we know about the economy, finance and markets were developed when the European populations grew. The global economy is dependent on the industrialized world. Without Europe, the Sheikhs of Dubai would relapse into the life in tents, Africa’s population would be about 90 million instead of 1.2 billion, and today’s US would be a sparsely populated country with very few nomad tribes.
“Earlier today, Zayo experienced a fiber cut in the New York area,” said a Zayo spokesperson in a statement. “We immediately dispatched our local team who quickly restored the cut. All impacted services in the area have been restored.”
To do this, pilots target clouds with lots of moisture and inject small amounts of an inert chemical, which is a silver iodide mixture. The water in the clouds condenses around the new particles and becomes heavy. Then, it falls to the ground as precipitation.
Teen takes different approach to farming (Thomas R.)
“You don’t need big equipment to go farming, and you’re putting in the same thing as everyone else,” his father told him.
Ebeling said his interest in farming with vintage equipment began while participating in a Canadian Foodgrains Bank growing project harvest near Ponoka, Alta., in 2015.
Gold & Silver
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