Daily Digest

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Daily Digest 8/26 - Good News Friday: Edible Food Packaging On The Horizon, How Ice Becomes Knowledge

Friday, August 26, 2016, 9:06 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!

Economy

Grad Students Win Right to Unionize in an Ivy League Case (jdargis)

Echoing longstanding complaints from blue-collar workers that they have become replaceable cogs in a globalized economic machine, the effort reflects a growing view among more highly educated employees in recent decades that they, too, are at the mercy of faceless organizations and are not being treated like professionals and aspiring professionals whose opinions are worthy of respect.

“What we’re fundamentally concerned about isn’t really money,” said Paul R. Katz, one of the Columbia graduate students involved in the organizing efforts. “It’s a question of power and democracy in a space in the academy that’s increasingly corporatized, hierarchical. That’s what we’re most concerned about.”

ESO Discovers Earth-Size Planet in Habitable Zone of Nearest Star (Arthur Robey)

"This is really a game-changer in our field," said Olivier Guyon, a planet-hunting affiliate at NASA's Jet Propulsion Laboratory, Pasadena, California, and associate professor at the University of Arizona, Tucson. "The closest star to us has a possible rocky planet in the habitable zone. That's a huge deal. It also boosts the already existing, mounting body of evidence that such planets are near, and that several of them are probably sitting quite close to us. This is extremely exciting."

An MIT Scientist Claims That This Pill Is the Fountain of Youth (jdargis)

Others who’d taken Basis before me had described effects including fingernail growth, hair growth, skin smoothness, crazy dreams, increased stamina, better sleep, and more energy. Once I began taking it, I did feel an almost jittery uptick in mojo for a few days, and I slept more soundly as well. Then those effects seemed to recede, and there were also mornings where I felt a little out of it. If these were placebo effects, they were weird ones, because they didn’t make me feel better, only different.

Edible food packaging made from milk proteins (jdargis)

To create an all-around better packaging solution, Tomasula and colleagues at the U.S. Department of Agriculture are developing an environmentally friendly film made of the milk protein casein. These casein-based films are up to 500 times better than plastics at keeping oxygen away from food and, because they are derived from milk, are biodegradable, sustainable and edible. Some commercially available edible packaging varieties are already on the market, but these are made of starch, which is more porous and allows oxygen to seep through its microholes. The milk-based packaging, however, has smaller pores and can thus create a tighter network that keeps oxygen out.

From the South Pole to the science section: How ice becomes knowledge (jdargis)

This is not a futuristic scene from Jupiter’s enigmatic moon Europa, rather it's a recent one from the closest thing you’ll find on Earth—the blank expanse of Antarctica’s interior. While this work was decidedly of this world, it would be extremely unfair to describe it as anything close to easy. Beyond allowing humans to work in the harsh Antarctic environment, how does ice buried by more than a kilometer of other ice at the South Pole end up in a lab 15,000 kilometers away in order to become scientific insight?

The Australian town that wants to get off the grid (Aaron M.)

"The power is cheap, it is reliable and currently solar is about as green or renewable as anything else on the market today. Taking an entire town off the grid also makes a statement to the country that this can be done and that it should be done."

While Tyalgum may be an unlikely place to wind up at the forefront of a renewable energy revolution, there are several reasons why it is well suited to the project, the plan's proponents say.

Celebrate 100 Years Of National Parks With This Stunning Road Trip (jdargis)

The idea to create this visual appreciation began several years back on a road trip, after stopping by the Petrified Forest National Park in Arizona. Will says that park is an otherworldly experience, like stepping onto another planet. The brothers were so floored that they vowed to use their talents to share this—and other—national parks with the world.

Meet Pismo and Goatee, the World’s Greatest Surfing Goats (jdargis)

After receiving a few hefty fines, McGregor lobbied the Pismo Beach city council in 2014 to loosen up its anti-livestock laws. “I take [the goats] around town and people love seeing them,” he said in his testimony. “It brings them joy and a smile to their face.” The counselors were sympathetic, and thanks to McGregor’s efforts, residents can now apply for a permit to keep up to four goats at their home. And best of all, Goatee and her siblings are now able to play by the water without harassment from the police.

Gold & Silver

Click to read the PM Daily Market Commentary: 8/25/16

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."

4 Comments

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2830
Friday's "Debbie Downer"

Just one wink.

Hidden Agenda Perpetrated by Congress and the Fed in One Chart (First Rebuttal)

Quote:

The below chart depicts Wall Street real profits (black line), non-financial corporate real profits (red line) and real median weekly wages and salaries (blue line) all indexed back to 1982 (this is an important period where antitrust policies broke down under the Reagan admin).

What we find is that while median wages and salaries have increased by a paltry 9% over the past 35 years, corporate income is up 250% and Wall Street income is up almost 800%.   And so over the decades this story line about policies targeting the middle class is absolutely, in every way, a total and complete fabrication.  This chart doesn’t happen by accident nor could it be the result of honest mistakes.

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
The subjective results

On the subject of the anti-ageing pill Basis, (thanks jdargis) there is some negative comment about the placebo effect that puzzles me.

Objective Materialism died in 1927 in Copenhagen. There is zero difference between a "materialistic" outcome and placebo outcome. They are both subjective experiences. 

Tom Campbell would say that because Reality is procedurally generated the placebo effect is as real as the objective result.  It's all data. 

 

 

http://www.my-big-toe.com/

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4145
CBO Report

 

 
Debt Held by the Public
As deficits accumulate in CB
O’s baseline, debt held by th
e public rises from 77 percent
of GDP ($14 trillion) at
the end of 2016 to
86 percent of GDP ($
23 trillion) by 2026. At
that level, debt held
by the public, measured as a pe
rcentage of GDP, would be more
than twice the average over

the past five decades

Japan consumer prices fall for 5th month, raising pressure on central ...

The Straits Times-13 hours ago
TOKYO (BLOOMBERG) - Consumer prices in Japan fell for a fifth straight month, underscoring the central bank's struggle to spur inflation to its 2 per cent target.

Japan's fiscal 2017 budget requests look to top ¥101 trillion

The Japan Times-16 hours ago
The government expects debt servicing costs will amount to ¥24.62 trillion, down some ¥1.4 trillion from the previous year's requests, as it will assume a record ...

Puerto Rico's Pensions: $2 Billion in Assets, $45 Billion in Liabilities

Wall Street Journal-18 hours ago
San Juan, Puerto Rico—One of the thorniest tasks awaiting a seven-member board charged by Washington with cleaning up Puerto Rico's debt crisis is ...

World's biggest pension fund loses US$52 billion in stock rout

The Straits Times - ‎5 hours ago‎
TOKYO (BLOOMBERG) - The world's biggest pension fund posted a US$52 billion (S$70.3 billion) loss last quarter as stocks tumbled and the yen surged, wiping out all investment gains since it overhauled its strategy by boosting shares and cutting bonds ...

S&P Cuts Rio de Janeiro State's Credit Rating

Wall Street Journal-17 hours ago
But with an estimated 2.5 billion reais in debt service coming due in the next six months, Rio's ability to meet its obligations “is doubtful” without help, S&P said.

Ottawa runs nearly $1-billion deficit in first quarter of fiscal year

The Globe and Mail-4 minutes ago
The nearly $1-billion deficit over the first three months of the fiscal year that ... can afford to run a deficit without growing the size of the federal debt-to-GDP ratio.

Asia Junk Bond Veterans Warn Record Rally at Risk of Failing

Bloomberg-11 hours ago
Asian companies that binged on debt to fuel growth after the global financial ... euros and yen has fallen 23 percent in 2016 to a four-year low of $7.5 billion.

Epic state budget shortfall to be announced

WHSV - ‎10 hours ago‎
Virginia could be facing a larger-than-expected budget deficit than expected. The Washington Post reports it could ... The year 2010 had the biggest at $4.5 billion, while 2014 had a $1.9 billion shortfall, according to the Post. Such a budget gap ...

The Guardian view on central bankers: growing power and limited success

The Guardian - ‎8 hours ago‎
You will never get true value out of anything because nothing has a lawful owner anymore, only someone in debt to someone else, if only they knew who. Until the world calls a halt to the corruption ... The Japanese Central Bank for a quarter of a ...

The crumbling assumptions of US public pension plans

Financial Times - ‎3 hours ago‎
Lower return expectations would push up the cost of liabilities on their balance sheet, and force Illinois to make higher contributions. If costs to the pension were to increase by $250m it would nearly equal an entire year's appropriation for six ...

Burden of Health-Care Costs Moves to the Middle Class

Wall Street Journal - ‎16 hours ago‎
Growth in overall health-care spending is slowing, but middle-class families' share of the tab is getting larger, squeezing households already feeling stretched financially. Overall, health-care spending across the economy reached 18.2% of gross ...

States Start to Approve Steep Increases in Health Premiums

Wall Street Journal - ‎Aug 24, 2016‎
WASHINGTON—The first handful of states have released approved 2017 rates for people who buy health insurance on their own and the results so far are consistent with what many expected: There are significant increases in premiums for next year.

State officials under pressure to OK ObamaCare premium hikes

The Hill - ‎5 hours ago‎
Most consumers will not feel the effects of these increases, because they receive ObamaCare subsidies that cap the percentage of income they have to spend on premiums. The Department of Health and Human Services released a study on Wednesday ...

Some premiums for Ky. health exchange to skyrocket in 2017

WKYT - ‎22 hours ago‎
(WKYT) - Kentuckians who rely on the state's health exchange for insurance should brace themselves for premiums that could skyrocket as much as 47 percent in 2017. The Kentucky Department of Insurance approved the increases requested by insurance ...

Illinois Department of Insurance: Premiums for plans on ObamaCare exchange set to skyrocket

Illinois Policy - ‎Aug 25, 2016‎
Although President Barack Obama has frequently promised ObamaCare would reduce health insurance premiums by $2,500 for the average family, health insurance costs continue to rise for everyday Illinoisans. According to new data released Aug.

Tennessee insurance commissioner: Obamacare exchange 'very near collapse'

The Tennessean - ‎Aug 23, 2016‎
Tennessee's insurance regulator proclaimed the state's Obamacare exchange "very near collapse" Tuesday, after signing off on hefty premium hikes in an extraordinary bid to keep the program afloat. Her remarks largely overshadowing the dramatic premium ...

Obamacare premium increases may hurt Ohioans more

WKYC-TV - ‎Aug 25, 2016‎
Ohioans buying insurance through the marketplace for President Barack Obama's health care law could be among the hardest hit in the country if insurance premiums were to rise by 10 percent in 2017, according to a U.S. Department of Health and Human ...

Hoosiers face higher premiums, fewer choices for Obamacare coverage

Indianapolis Business Journal - ‎20 hours ago‎
CareSource Indiana Inc. will increase average premiums by 16 percent, IU Health Plans by 14.9 percent, and MDwise Marketplace Inc. by 11.5 percent. Coordinated Care Corp. had no change, although its average premium next year will be $680.48, the ...

As federally run health care insurance's costs skyrocket, it is ...

Tulsa World-Aug 25, 2016
OKLAHOMA CITY - Even if premiums rise 50 percent next year on Oklahoma's individual policies for health insurance, 84 percent of Oklahomans who buy ...

Covered California premiums projected to rise 15.8 percent in county

Ventura County Star-Aug 25, 2016
FILE PHOTO Premiums for insurance plans bought on the Covered California marketplace are projected to increase 15.8 percent in Ventura County next year.
 
DennisC's picture
DennisC
Status: Gold Member (Offline)
Joined: Mar 19 2011
Posts: 309
You Started It

Sorry...couldn't resist the segue.

Yes, sadly enough, I still do watch the "TeeVee" at times.

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