Daily Digest

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Daily Digest 10/15 - Scenes From The Apocalypse, The Deadly War For Sand

Saturday, October 15, 2016, 9:08 AM

Economy

The Deadly Global War for Sand (cmartenson)

There’s so much demand that riverbeds and beaches are being stripped bare, ocean beds denuded, and landscapes devastated. (Desert sand, shaped more by wind than by water, generally doesn’t work for construction.) Governments are cracking down in response—which in turn has spawned a worldwide black market in sand. In a shocking number of countries, people are being imprisoned, tortured and murdered over sand. Still, the amount of sand being mined worldwide is increasing—at terrible costs to people and the planet.

Journalist Amy Goodman Shouldn't Be Arrested for Covering Dakota Pipeline Story (westcoastjan)

This victory for the Standing Rock Sioux would likely not have been possible without the aggressive independent reporting of Democracy Now!, whose pictures created significant public pressure.

On September 8th, five days after the events, local authorities took the incredible step of filing criminal trespassing charges against Amy.

Iranian warships deployed off Yemen coast after US bombs Houthi targets (lambertad)

“The Iranians have a permanent presence in that part of the world ... [as] there is a lot of instability in the Red Sea and Iranian ships are there to prevent pirates from boarding Iranian ships and they've been doing that for a number of years now, having also protected the ships of other countries,” political analyst and Tehran university professor Mohammad Marandi told RT, adding that the “real problem is the US presence” in the region.

Jim Grant & Ron Paul discuss gold, interest rates & the bankers’ war on the rest of us (Herman J.)

What have the central bankers and the governments they serve done to our money? Legendary forecaster and publisher of Grant’s Interest Rate Observer Jim Grant joins us to discuss the bankers’ war on the rest of us.

Scenes From The Apocalypse - Mass Immigration Ruins The Streets Of France (pinecarr)

If no portable toilets are in reach, open urination and defecation are commonplace. Tens of thousands of homeless Illegal immigrants, undocumented or waiting for a decision of their asylum application, waste away trying to pass the time in the city. Although their prospects of being granted asylum as Africans are bleak, they're hoping for a decision that would grant them an apartment, welfare and make France their new home.

The Grapes Of Wrath, 2011 (westcoastjan)

The novel stands as a chronicle of the Great Depression and as a commentary on the economic and social system that gave rise to it. Steinbeck’s opus to the working poor reverberates across the decades. He wrote the novel in the midst of the last Fourth Turning Crisis. His themes of man’s inhumanity to man, the dignity and rage of the working class, and the selfishness and greed of the moneyed class ring true today.

How Did Walmart Get Cleaner Stores and Higher Sales? It Paid Its People More (jdargis)

That set in motion the biggest test imaginable of a basic argument that has consumed ivory-tower economists, union-hall organizers and corporate executives for years on end: What if paying workers more, training them better and offering better opportunities for advancement can actually make a company more profitable, rather than less?

EmDrive exclusive: Roger Shawyer confirms MoD and DoD interested in controversial space propulsion tech (Arthur Robey)

While he cannot say much on this topic, Shawyer indicated that the EmDrive's controversial reputation and ridicule on the internet serves a key purpose for the UK and US military – if it is actually possible to create a propellant-less rocket engine, then this would be really useful in spy satellites, as it would enable the military to get close to a target without anyone knowing it was there.

Gold & Silver

Click to read the PM Daily Market Commentary: 10/13/16

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."

8 Comments

reflector's picture
reflector
Status: Gold Member (Offline)
Joined: Aug 20 2011
Posts: 267
Doom for Deutsche Bank as largest lender Qatar 'pulls plug on fu

this just in...so much for qatar coming to db's rescue.

Doom for Deutsche Bank as largest lender Qatar 'pulls plug on future equity'

http://www.express.co.uk/news/world/721289/Doom-for-Deutsche-Bank-as-lar...

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Another source of Energy.

I'm not sure what this energy is that is being discussed, but it comes highly recommended .

cmartenson's picture
cmartenson
Status: Diamond Member (Offline)
Joined: Jun 7 2007
Posts: 5570
That makes two...
reflector wrote:

this just in...so much for qatar coming to db's rescue.

Doom for Deutsche Bank as largest lender Qatar 'pulls plug on future equity'

http://www.express.co.uk/news/world/721289/Doom-for-Deutsche-Bank-as-lar...

Well, the German government had just previously announced it was not an equity player either.

That leaves Mr Market to come to the rescue, and that's looking doubtful.

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2768
German Government Has Ruled Out Taking Stake in Deutsche Bank

German Government Has Ruled Out Taking Stake in Deutsche Bank (Wall Street Journal)

Quote:

BERLIN—Aides to German Chancellor Angela Merkel have told lawmakers the state wouldn't take a stake in Deutsche Bank AG if it were to issue new stock to shore up its thin capital cushion, one person who attended the briefing said.

The fact that Berlin appears to have ruled out any aid for the embattled lender as both unnecessary and politically unfeasible could put Deutsche Bank under renewed pressure as it works to stabilize its share price and stay out of the news while negotiating an acceptable settlement in a U.S. misconduct investigation.

In a closed-door briefing with a small group of lawmakers last week, Chancellery aides and senior Finance Ministry officials said it was “inconceivable for the state to take a stake in Deutsche Bank,” said one person who declined to be named because the briefing was confidential.

 

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
A thing of grace and beauty.

But is it outclassed already? 

Boeing has gone quiet on the EM propellant free drive.

My opinion? No More Brother Wars.

pinecarr's picture
pinecarr
Status: Diamond Member (Offline)
Joined: Apr 13 2008
Posts: 2237
Why Obama's Recent Attack On Free Speech Is So Dangerous

From ZH, "Obama Enters Media Wars: Why His Recent Attack On Free Speech Is So Dangerous & Radical"

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

20161015_free.jpg

Control of the news media is an instrumental, key feature to any totalitarian government. In contrast, the primary reason this experiment known as the United States has lasted so long under relatively free conditions is due to the preservation of free speech (and press) via the First Amendment to the U.S. Constitution.

In case you haven’t read it in a while, here’s the text:

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

Nowhere in there do I see an exception for “conspiracy theories,” but apparently Constitutional scholar Barack Obama has an alternative interpretation.

As reported by AFP:

Pittsburgh (AFP) – President Barack Obama on Thursday decried America’s “wild, wild west” media environment for allowing conspiracy theorists a broad platform and destroying a common basis for debate.

Recalling past days when three television channels delivered fact-based news that most people trusted, Obama said democracy require citizens to be able to sift through lies and distortions.

“We are going to have to rebuild within this wild-wild-west-of-information flow some sort of curating function that people agree to,” Obama said at an innovation conference in Pittsburgh.

“There has to be, I think, some sort of way in which we can sort through information that passes some basic truthiness tests and those that we have to discard, because they just don’t have any basis in anything that’s actually happening in the world,” Obama added.

“That is hard to do, but I think it’s going to be necessary, it’s going to be possible,” he added.

“The answer is obviously not censorship, but it’s creating places where people can say ‘this is reliable’ and I’m still able to argue safely about facts and what we should do about it.”

The above may sound good on a superficial level to people with zero critical thinking skills, but even the most elementary analysis exposes it as the obvious and dangerous attack on free speech that it is.

http://www.zerohedge.com/news/2016-10-15/obama-enters-media-wars-why-his-recent-attack-free-speech-so-dangerous-radical

Tall's picture
Tall
Status: Platinum Member (Offline)
Joined: Feb 18 2010
Posts: 564
Charges against Amy Goodman elevated - may involve jail time

 It should be noted that the original charge leveled against Goodman was not riot but criminal trespass, also a misdemeanor. However, just days days before Goodman was set to appear in court, the prosecutor, Ladd Erickson, switched up the charges because, he admitted in an email to Goodman’s lawyer, Tom Dickson, there were “legal issues with proving the notice of trespassing requirements in the statute.”

https://www.thenation.com/article/amy-goodman-is-facing-prison-for-repor...

Jim H's picture
Jim H
Status: Diamond Member (Offline)
Joined: Jun 8 2009
Posts: 2379
(The lack of a) Free Press

Let's not forget this whistleblower...

 

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