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    Daily Digest 9/23 – Good News Friday: 44 Hours Of Saturn, Paris Agreement “Closer To Reality”

    by DailyDigest

    Friday, September 23, 2016, 2:26 PM

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 dd@peakprosperity.com with subject header "Good News Friday." We will save and post weekly. Enjoy!

Economy

44 Hours Of Saturn (jdargis)

The craft is wrapping up the second extension of its mission, this one called the Cassini Solstice mission. In 2017, when Cassini wraps up its visit with what’s being dubbed the Grand Finale, it’ll be collecting data on Saturn’s gravitational and magnetic fields, measuring the planet’s ring mass, and sampling its atmosphere and ionosphere.

The Pros and Cons of Living in an Income-Sharing Commune (jdargis)

In the heart of Washington, D.C., seven people live in a single home and pool all of their incomes, which range from upwards of $80,000 to a couple thousand. The residents of Compersia Commune embrace an ideology that values unpaid labor and disavows capitalism. In this tiny, socialized economy, the collective gets everything you have—which, for some, has been liberating. “We talk a lot and think a lot about trying to transform our relationship to money,” says GPaul, one of the commune’s members in this Atlantic documentary. “We’re doing all of this work so that worrying about money [and] stressing about money is not so present in our lives.”

Man who lived as a goat and Swedish fly collector among those honored at Ig Nobel science awards (jdargis)

Each autumn since 1991, the Ig Nobel ceremony has dished out accolades for studies and findings that “make people laugh, and then think.” And the 2016 crop of odd-yet-provoking discoveries did not deviate from the norm (except, perhaps, to mock Volkswagen’s “diesel-gate” scandal as “solving the problem of excessive automobile pollution emissions”). Among the winners was Thomas Thwaites, who recently published a book, “GoatMan: How I Took a Holiday from Being Human,“ about living as a goat for three days in Switzerland.

The Paris Agreement Is One Step Closer To Reality (jdargis)

“The world has banded together around a zero-carbon, climate-resilient future, pushing us much closer to bringing the Paris Agreement into full effect,” Paula Caballero, Global Director at the World Resources Institute, said in a statement.

Meet the Fruit: Aronia, a “Superfood” Native to the American Midwest (jdargis)

Questionable science notwithstanding, the marketing of superfoods is a wildly profitable one. Acai berries, basically unknown in the US a decade ago, now occupy a market of hundreds of millions of dollars. It’s perfectly understandable that everyone from small farmers to giant corporations like Welch’s and Ocean Spray want to get some of that superfood money—but how?

Gardening as a Kid Indicates that You’ll Eat Fruits and Veggies as a College Student (jdargis)

The study was simple: A survey of 1,351 college students looked at their fruit and vegetable intake and compared it with whether the student had participated in gardening as a child. But the findings were stark: Those who had gardened as children consumed about 15 percent more fruits and vegetables than those who hadn’t.

Gold & Silver

Click to read the PM Daily Market Commentary: 9/22/16

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. 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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4 Comments

  • Fri, Sep 23, 2016 - 3:10pm

    #1

    saxplayer00o1

    Status Silver Member (Offline)

    Joined: Jul 30 2009

    Posts: 2922

    China's toxic debt pile may be 10 times official estimates:Fitch

    China's toxic debt pile may be 10 times official estimates: Fitch

    CNBC – ‎2 hours ago‎
    Fitch said the Chinese state would likely have to help solve the corporate debt situation – but that this could put pressure on its credit rating. It currently rates China at A+ with a stable outlook. "An upfront resolution of problem credit and

    Fitch reveals the $2trillion black hole in China's economy that heralds a lost decade

    Telegraph.co.uk – ‎18 hours ago‎
    Bad debts in the Chinese banking system are ten times higher than officially admitted, and rescue costs could reach a third of GDP within two years if the authorities let the crisis fester, Fitch Ratings has warned. The agency said the rate of non

    Spain's debt equivalent to a year's work for every man, woman, and …

    EL PAÍS in English7 hours ago
    Spain's public debt-to-GDP ratio, which compares the amount of the debt … Between January and March this year, Spain's national debt rose to €1.095 trillion.

    Bad Loans in Indonesia's Mining Sector Nearly Double to 6.8% in July

    Jakarta Globe7 hours ago
    … to service their debt as sluggish demand and an oversupply hurt cash flow. … Mandiri more than doubled its provisions to Rp 9.9 trillion ($756.3 million) from …

    Personal share of state's debt rises to $45500 (Illinois)

    Jacksonville Journal Courier5 hours ago
    The report also revealed the state has $116.7 billion of pension debt, but says that only $108.6 billion of that is being reported by state officials. These debts are …

    Chicago OKs nearly 30 percent water/sewer rate hike to pay down …

    Illinois News Network18 hours ago
    Chicago taxpayers saw record property tax increases earlier this year in an effort to pay down the city's $20 billion in pension debt. An analyst with credit-rating …

    Greece needs substantial debt relief, surplus targets unrealistic – IMF

    Reuters UK – ‎1 hour ago‎
    Further debt relief will be required to restore sustainability." The IMF, which has yet to decide whether it will participate in Greece's third international bailout, has been pushing for softer fiscal goals before it will contribute some of the 86

    Shining a light on Texas' pile of debt — and shadowy bond votes

    Watchdog.org4 hours ago
    Local debt outstanding topped $225 billion in fiscal 2015, according to the Texas Bond Review Board. That works out to $8,350 for every man, woman and child …

    'We're beyond crisis': Oregon's public pension problem brings official …

    KVALSep 22, 2016
    Oregon's pension system owes billions of dollars more to retirees than it has, … There's the sheer size of the deficit – $22 billion – at record heights even after a …

    Libya oil chief fears 'financial collapse' unless exports rise

    Daily Mail22 hours ago
    "We are running a budget with a huge deficit and we have spent half our reserves in … Libya has Africa's largest oil reserves, estimated at 48 billion barrels, but …

    Moody's: Companies could face cash flow squeeze if forced to plug …

    International Business Times UK7 hours ago
    Companies may face cash flow squeeze if forced to plug pension deficits. Ratings agency Moody's says cash flow of non-financial firms under threat as …

     

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  • Fri, Sep 23, 2016 - 4:40pm

    #2

    Jim H

    Status Diamond Member (Offline)

    Joined: Jun 08 2009

    Posts: 1798

    Citizen investigative journalism

    YES!!!!  where the mass media fails… we fill in the gaps…

    http://www.zerohedge.com/news/2016-09-23/hillary-emailgate-how-one-twitter-user-proved-intent-fbi-missed-after-months-investi

    Earlier this week, a twitter user named "Katica" seemingly proved the "intent" of the Hillary campaign to destroy and/or tamper with federal records by revealing the Reddit thread of Paul Combetta (aka the "Oh Shit" guy; aka "stonetear").  But what's most crazy about this story is that "Katica" was able to discover the greatest "bombshell" of the entire Hillary email scandal with just a couple of internet searches while the FBI, with unlimited access to government records, spent months "investigating" this case and missed it all.  The only question now is whether the FBI "missed" this evidence because of gross incompetence or because of other motivating factors?

    Now, courtesy of an opinion piece posted on The Daily Caller, we know exactly how "Katica" pieced her "bombshell" discovery together…the folks at the FBI may want to take some notes.

    Per the twitter discussion below with @RepStevenSmith, "Katica" discovered Combetta's Reddit thread on September 16th.  But while she suspected that Paul Combetta and the Reddit user known as "stonetear" were, in fact, the same person, she had to prove it…

     

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  • Fri, Sep 23, 2016 - 9:10pm

    Reply to #2

    thc0655

    Status Platinum Member (Online)

    Joined: Apr 27 2010

    Posts: 1422

    RIGGED!!

    The only question now is whether the FBI "missed" this evidence because of gross incompetence or because of other motivating factors?

    The new legal standard, now known as "The Comey Standard," is whether or not a competent prosecutor could prove in court that the FBI INTENTIONALLY didn't find the incriminating evidence (yes, that would be proving a negative).  I'm secure thinking they're just that incompetent (and maybe not too enthusiastic about finding evidence against a Clinton and being exposed to a weird, sudden death).  And don't worry about Comey being a donor to the Clinton Foundation: he's completely objective and his agents know they can bring him ANY evidence and he will follow it to it's logical legal conclusion.

    If I was a future President Trump, my first act would be to send a squad of US Marines to the FBI building on Monday morning with a message for Mr. Comey: "You're fired!"  Then I would have the Marines unceremoniously dump him on the sidewalk with a warning to never come back.  My second act would be to appoint a Special Prosecutor to finish Mr. Comey off.

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  • Fri, Sep 23, 2016 - 9:57pm

    #3

    thc0655

    Status Platinum Member (Online)

    Joined: Apr 27 2010

    Posts: 1422

    Who knew?

    WTF?  Who knew the wife of Mr. Scott was present and recording the whole incident in which her husband was shot by police?  I didn't.  Here the family is demanding release of the police dash cam and body cam videos when they're sitting on a video of their own!  That's a lot of nerve.  And watching the wife's video, my judgment is that it corrobates parts of the police story and disproves parts of the family's story.  The video in no way helps the family (which I suppose is why they didn't release it).

    http://www.zerohedge.com/news/2016-09-23/keith-scotts-family-release-video-police-shooting

    I count three uniformed officers on location at the end and two who are in department-issued vests with badges.  That contradicts the family story that plainclothes officers ran up to the car and executed him.  The officers are heard saying, "Drop the gun!" "Don't shoot" or "Hands up!" 12 freakin' times, which corroborates their part of the story.  The actual shooting is off screen but Mr. Scott is seen laying in the street after being shot which indicates to me he got out of the car a second time when he was shot.  The video is not detailed enough for me to see Mr. Scott's gun, if there was one as claimed by the police.

    And then in something I think is very revealing, the wife says to her husband six times while the police have guns pointed at him demanding he surrender, "Keith! Don’t you do it!" plus "Get out of the car," and "Don't let them break the windows."  

    So I'd like to hear from Mrs. Scott what she meant when she warned him, "Keith, Don't you do it.!"

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