Daily Digest

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Daily Digest 11/11 - Good News Friday: Uncertainty And Elation About Trump Win, A Better Way To Vote

Friday, November 11, 2016, 10:53 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

For Trump Voters, Uncertainty Mixes With Elation (jdargis)

Mr. Harris, 49, a retailer in one of Atlanta’s northern suburbs, could hardly contain his glee over Tuesday’s outcome. It was, he said, an unrestrained rejection of politicians, lobbyists and the news media. “The American people are sick and tired of the government in Washington, D.C.,” he said.

But he also had a warning for Mr. Trump: Break your promises at your peril.

Buying Trump's Infastructure (Tiffany D.)

Trump even made special mention of infrastructure in his victory speech yesterday: “We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals. We’re going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it.”

I believe this ETF will keep rising as more investors focus on Trump’s plan to spend $1 trillion on U.S. infrastructure projects such as the construction of roads, bridges, airports, public buildings, etc.

Maine Just Voted For A Better Way To Vote (jdargis)

Ranked-choice voting isn’t just a political science experiment. The system is used for national elections in Australia and Ireland, as well as smaller-scale elections around the world. Among American cities, San Francisco has voted numerically since 2002, Minneapolis since 2006. A handful of other cities do it too, including Portland, Maine’s largest city.

President Trump: This Is How To Bring Back 1 Million Energy Jobs

Shale gas has been targeted by drillers for decades, but the big volumes that first started coming out of the Barnett then the Haynesville, Marcellus and some newcomers are now about a decade old. That’s 10 years! Ten years since Aubrey McClendon and Boone Pickens called for a natural gas economy and ten years with no net effect other than a well deserved break for consumers, a few export licenses and an uptick in power generation usage (though that is now being challenged in the courts).

Other than that we’ve blown it. We’ve damned ourselves to the status quo.

Hyperloop One releases “comprehensive concept design” for high-speed rail in Dubai (jdargis)

The concept is just an artist's rendering, but it gives some idea of how the startup is approaching the mass transit network. It shows autonomously driving square pods queuing up in a bigger pod, which is in turn shot through the Hyperloop tube, in this case stretching from Dubai to Abu Dhabi. The company projected that the trip between the two UAE cities would take 12 minutes. “Our infrastructure can be tuned to serve the same function for self-driving Ubers, Teslas, BMWs, you name it, as well as our pods,” Hyperloop One wrote in a press release. That would seem to address the “last mile problem” that all mass transit systems face—that is, the problem of getting residents from their homes or offices to the train station.

Judge Orders That Bottled Water Be Delivered to Residents of Flint, Mich. (jdargis)

The ruling is effective immediately. Judge Lawson also said officials must provide a status update on their efforts by Dec. 16.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/11/16

Provided daily by the Peak Prosperity Gold & Silver Group

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4 Comments

thc0655's picture
thc0655
Status: Diamond Member (Offline)
Joined: Apr 27 2010
Posts: 1712
Things that make you go "Hmmmm"

Helix's picture
Helix
Status: Bronze Member (Offline)
Joined: Sep 20 2008
Posts: 82
And your point is...?

And your point is...?

aladinangel's picture
aladinangel
Status: Member (Offline)
Joined: Nov 14 2011
Posts: 11
The point is obvious

Your question is disingenuous.

Michael_Rudmin's picture
Michael_Rudmin
Status: Platinum Member (Offline)
Joined: Jun 25 2014
Posts: 919
I disagree that the point is obvious.

The areas that voted blue are high-population-density areas.  In such areas, the main threats to one's existence are no longer from nature, but are rather from other people.  As a result, actions by one person against his/her worst threats are classified as crimes, not reasonable actions.

But in fact, people tend to be reasonable.  The crime is usually a reasoned answer to an intractable problem.

That doesn't justify it; but it means that you are going to have two completely different maps that show the same areas, one showing the Democrat (big city) vote, and one showing the Republican (rural vote), and then you'll have a map that shows crime rates... and they will coincide.  But it isn't because Democrats are inherently criminals; it's because Democrats are inherently big city.

Which leads us to ANOTHER huge elephant in the room.  We have gotten to such a rural/city divide, that the cities ABSOLUTELY depend on the slavery of the country folk, and the country folk ABSOLUTELY depend on the slavery of the cities and neither wants to be slaves. 

Yes, the slavery of country folk happens through government and taxes; the slavery in the cities depends on wages and welfare.  Doesn't matter.

We've got a serious problem here.

----

 Oh, and by the way, I am glad to see that there is no crime at  all in my hometown of Harrisonburg, or at Virginia Tech where the massacre happened, or over where certain classmates of mine were killed. 

I strongly suspect that Cold Dead Hands, the putative originator of this picture, only posted the crime rates for Democrat-voting counties.  It kindof destroys credibility.  But actually, I do suspect that the crime rates will be higher in the big cities.

 

 

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