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Daily Digest 9/11 - A Strange Thing Happened in the Stratosphere, Is America Any Safer 15 Years Later?

Sunday, September 11, 2016, 11:04 AM

Economy

Seeking the Final Faces for a 9/11 Tapestry of Grief, Loss, Life and Joy (jdargis)

A gallery at the National September 11 Memorial Museum has photos of all but 10 of the 2,983 people killed in either the 2001 terrorist attacks or the 1993 World Trade Center bombing.

‘We’re the Only Plane in the Sky’ (jdargis)

This oral history, based on more than 40 hours of original interviews with more than two dozen of the passengers, crew and press aboard—including many who have never spoken publicly about what they witnessed that day—traces the story of how an untested president, a sidearm-carrying general, top aides, the Secret Service and the Cipro-wielding White House physician, as well as five reporters, four radio operators, three pilots, two congressmen and a stenographer responded to 9/11.

15 Years After 9/11, Is America Any Safer? (jdargis)

This is the story of the first 15 years of how we have dealt with that newfound fear—how we have confronted, sometimes heroically and sometimes irrationally, the mechanics, the politics, and the psychic challenges of the September 12 era.

After mass shooting, San Bernardino endures a surge in deadly violence: 150 shootings, 47 slayings (Thomas C.)

“The other day, they killed someone down the street,” said a middle-aged woman, leaning against a fence next to her husband. All around this part of the city, she said, there are candlelight memorials to victims of violence.

“Before, we would hear about killings every once in a while. Now, there are so many,” she said, asking that her name not be published for fear of becoming a victim herself.

Murder Rates Rose in a Quarter of the Nation’s 100 Largest Cities (Thomas C.)

Chicago had the most homicides — 488 in 2015 — far more than the 352 in New York City, which has three times as many people. Baltimore had the largest increase — 133 more than 2014 — and the second-highest rate in 2015, after St. Louis, which had 59 homicides per 100,000 residents.

The number of cities where rates rose significantly was the largest since the height of violent crime in the early 1990s.

A Strange Thing Happened in the Stratosphere (blackeagle)

High above Earth’s tropics, a pattern of winds changed recently in a way that scientists had never seen in more than 60 years of consistent
measurements.

“The quasi-biennial oscillation is the stratosphere’s Old Faithful,” said Paul Newman, Chief Scientist for Earth Sciences at NASA’s Goddard Space Flight Center, Greenbelt, Maryland, and lead author on a new paper about the event published online in Geophysical Research Letters. “If Old Faithful stopped for a day, you’d begin to wonder about what was happening under the ground.”

Climate change and other human activities are affecting species migration (blackeagle)

Humans have an impact on species migration both through climate change and by changing the landscape.

One of the reasons climate change is such an important topic is that it will affect (and already is affecting) the natural biological systems. Both plants and animals will have to respond to the changing climate. In some cases, this means adapting to higher temperatures. In other cases, the changes may be alterations in the precipitation, length of growing season, availability or resources, or other influences.

Melting Glaciers Are Wreaking Havoc on Earth's Crust (blackeagle)

You've no doubt by now been inundated with the threat of global sea level rise. At the current estimated rate of one-tenth of an inch each year, sea level rise could cause large swaths of cities like New York, Galveston and Norfolk to disappear underwater in the next 20 years. But a new study out in the Journal of Geophysical Research shows that in places like Juneau, Alaska, the opposite is happening: sea levels are dropping about half an inch every year.

Gold & Silver

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

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."

13 Comments

Time2help's picture
Time2help
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Live from New York City

Arthur Robey's picture
Arthur Robey
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CM.

CM at his finest.

Excellent recap.

 

Time2help's picture
Time2help
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Mike Ruppert - The End of the Age of Oil (2005)

reflector's picture
reflector
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what brokerage is safest?

a while back i read an article (i think chris posted it) that had a list of safest (best capitalized / least leveraged) banks and brokerages, but after doing a few searches on the site i can't seem to find it.

things are looking to get a bit dicey in coming months so i'd like to find the safest brokerage i can; any pointers in the right direction would be appreciated.

thanks!

 

Jim H's picture
Jim H
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Thanks T2H.. new Building 7 news within...

Starting at 1:18 in the video provided by T2H,  Dr. Leroy Hulsey talks about his finite element analysis of the building, in competition with what NIST did... Hulsey's approach was to use the best science and knowledge of materials available (he used thermal conductivity appropriate for the type of cement aggregate used, for instance).  Hulsey took the approach of leaving the science to tell the story.. and while the story is not complete (he still needs to model things other than the fires) this was the first time I have heard him make a conclusion.. and the conclusion is this;

Building 7 could not have been brought down by the fires.  0% chance (he was asked the possibility between 0 - 100%.  He was asked whether, if one of his PhD students came in with this model (NIST) would he flunk them.. and he said, "yes".  He describes all the details of his analysis vs. NIST.  He is consummate.  He is a forensic structural engineer.  

If you are still unsure of yourself .. if you still believe the gov't story.. you owe it to yourself to watch Dr. Hulsey explain what didn't happen (collapse due to normal office fires).         

Jim H's picture
Jim H
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And BTW...... with regard to the NIST analysis...

One of my own personal speculations is that the engineers behind the NIST model were leaving bread crumbs.. in other words.. they knew that the model was a clue for serious scientists that something was amiss.  Here's what Hulsey says in a segment starting at 1:27:10 regarding the obvious deficits in the NIST model his work has uncovered;

"I don't know how anybody could think this was a cover up... could know anything about structural analysis and finite analysis, and think they could get away with this".

I honestly don't think they wanted to get away with this in the long term.  I do think that they wanted to feed their kids and pay their mortgages. 

 

 

Jim H's picture
Jim H
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ZH picking up the Hulsey news also....

http://www.zerohedge.com/news/2016-09-11/chair-university-engineering-de...

Today, the Chair of the Department of Civil and Environmental Engineering at the University of Alaska, Fairbanks, a PhD in structural engineering and one of the nation's top experts in the cause of building collapses (Leroy Hulsey) publicly announced that - contrary to the government’s explanation - fire did NOT bring down World Trade Center building 7 on 9/11

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saxplayer00o1
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Bond Markets Just Waking Up to Their Own Craziness

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Bond Markets Just Waking Up to Their Own Craziness

Wall Street Journal-1 hour ago
Demand was so strong for Schaeffler's sale that it was able to sell €3.6 billion of debt in euros and dollars, versus an originally planned €2.5 billion; in the ...

ECB Instructs Banks in How to Shed Mountain of Soured Loans

Bloomberg-1 hour ago
... out from under 1.1 trillion euros ($1.2 trillion) of doubtful and non-performing loans. ... “poor banking practices, flawed legal frameworks for debt recovery and a ...

 

Edwardelinski's picture
Edwardelinski
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Paging the scientists:

Is there any chance the nuclear testing performed by North Korea on Friday trigger the 5.8 quake in South Korea this morning?It has been said that the greatest threat to the earth is mankind.Neil deGrasse Tyson among them.

Grover's picture
Grover
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Please Repost This

Jim, T2H,

You should repost these observations on this thread http://www.peakprosperity.com/forum/85359/book-review-mysterious-collapse-world-trade-center-7 so they don't get lost in morass of computer bits. I recently posted a peer reviewed paper that came to the same conclusion - WTC 7 couldn't have collapsed due to fires alone.

Each bit of evidence undermines the "faither's" position a little more. If the events of that day were truly investigated, faith in a handful of high level government officials (who abused their position of trust) would vanish. Deception dies under the bright lights of a true investigation.

Grover

TechGuy's picture
TechGuy
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Safest Broker

Reflector Asked

"things are looking to get a bit dicey in coming months so i'd like to find the safest brokerage i can; any pointers in the right direction would be appreciated."

None are safe. All of them use SIPC for insurance which really isn't insurance at all. If a brokerage fails, than the depositors bailout the firm, including an money withdrawn from the brokerage in the past 5 years.

http://www.pbs.org/newshour/making-sense/why-brokerage-account-insurance...

I must ask why are you even bother putting money in a brokerage? The risks are enormous and the gains, are tiny in a ZIRP/NIRP, Low to negative EPS. I guess if you have an IRA that you can't easily exit without taking a hit, I could understand. Ideally it would be better to move cash into saving bank accounts, keeping below the $250K FDIC limit. Best option would be divide your cash accross multiple banks, in the event of a bank failure. That said, I don't think the Fed will permit widespread bank failures. I think they would prefer to sacrifice the dollar than spook investors into creating a deflation death spiral. However, i could see them permitting a brokerage or two fail.

In my opinion, Fidelity is probably the least riskiest since they appear have avoiding excessive risk.  However even the least risky brokerage is risky because a rogue trader, hacker, could bankrupt any brokerage in a few hours. SIPC is less than worthless.

 

reflector's picture
reflector
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agree, but still looking

techguy, i agree that sipc / fdic are not to be counted on. that's exactly why i was asking which brokerage is least leveraged, to give me the most possible time to react and move the money out.

i disagree that the gains are tiny, your comment seems to assume that anyone in the market is long the market.

you've heard chris and others talk about the ka-poom theory, yes?

that's what i'm expecting to happen, as well.

to my way of looking at things, we are verging on the "ka" phase, and there's substantial gains to be made shorting the market and shorting european banks.

after there's a big drop, i'm planning to move the balance to cash and PMs.

 

 

 

TechGuy's picture
TechGuy
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Posts: 453
"i disagree that the gains

"i disagree that the gains are tiny, your comment seems to assume that anyone in the market is long the market."

I don't think Shorting the market will work out for you either. The Fed will not let the market tank. In order to make any money you need to be glued to news feed (preferreable with a Bloomberg or equivlent terminal), and you need close out your position everday, because you can not possible know what the Fed or other CB will do that could cause a sudden and dramatic reversal. Just look at the US stock market these past few days, 

"after there's a big drop, i'm planning to move the balance to cash and PMs."

I don't believe that will happen. The Fed and other CBs have zero contraints to manipulate the market. All of the CBs can now buy Stocks, Bonds, as well has issue trillions in QE to prop the system up. The time to make money was back in 2008 when the Fed sat on the sidelines. Today, everyday Fed or other CB's does something to manipulate the market.  I think if there is a market correction around 10% the Fed will step and prop it back up with more QE or by buying Stocks.

 

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