Daily Digest

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Daily Digest 12/2 - Good News Friday: Turning Philanthropy on Its Head, The Need To Read

Friday, December 2, 2016, 9:23 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

'New era of peace': Trump vows to stop US toppling of regimes during 1st stop of 'Thank You' tour (lambertad)

Donald Trump promised a “new era of peace” during the first stop of his “Thank You” tour in Cincinnati, Ohio, vowing that the US will stop trying to overthrow world governments and will cooperate with countries fighting terrorism.

The president-elect also promised to cooperate with any country interested in destroying Islamic State (IS, formerly ISIS/ISIL).

A Few Billionaires Are Turning Medical Philanthropy on Its Head (jdargis)

“People are getting creative,” said Susan Desmond-Hellmann, CEO of the Bill & Melinda Gates Foundation and a former cancer researcher. “Youth and innovation are driving an agenda.”

Carrier getting $7M in tax breaks from Indiana to keep jobs: report (Uncletommy)

The deal would cover 800 workers from the Indianapolis furnace plant and an additional 300 research and headquarters positions that weren't planned to go to Mexico, according to the Journal.

But 600 jobs will still move from Indianapolis to Mexico.

The Need To Read (jdargis)

Making the case for packing your life with fewer unnecessary activities and material items in order to make room for the thing you already love but do too little of: read books. Here's what books do for one author, and what they can do for you.

Expanding Smart Car Fleet, New York Police Just Got More ‘Adorable’ (jdargis)

Among the department’s fleet of thousands of vehicles, including Ford Explorers racing to 911 calls and tow trucks clearing traffic lanes during the evening rush, the Smart car is quite possibly the only one that has its picture routinely shared on social media, described as “adorable” or, in the case of one parked in the West Village, “Cuuuuuute.”

NASA’s Biggest Space Garden Ever Is Almost Ready To Fly (jdargis)

The hope is that with more power, more space, and more controls, the astronauts aboard the ISS will be able to grow larger and more robust plants than before. Space tomatoes? Sure, why not! But for the meantime, the test run is every scientist’s favorite plant, Arabidopsis, a plant in the kale and mustard family that often serves as the lab rat of plants: it’s exceedingly well researched and well understood, so it’s ideal for experiments (researchers recently tested a new way to make photosynthesis more efficient on the same kind if plant.).

Gold & Silver

Click to read the PM Daily Market Commentary: 12/1/16

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."

2 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4145
Chart of the day: Personal debt keeps growing

 

Chart of the day: Personal debt keeps growing

WVTF-12 hours ago
That includes credit card debt, car loans, medical bills, unpaid parking tickets or even unpaid gym ... Today, Americans owe more than $11 trillion worth of debt.

Japan mulls record ¥97 trillion general account budget for fiscal 2017

The Japan Times - ‎1 hour ago‎
The government and ruling parties plan to curb natural growth in social security costs stemming from the rapidly graying population to some ¥500 billion, versus ¥640 billion requested earlier this year, by taking steps such as increasing the financial ...

ECB likely to announce six-month extension of QE program next week: Reuter...

Reuters - ‎7 hours ago‎
"The credibility of QE policy and negative interest rates is being threatened, among other things by mounting concerns about the liquidity situation ... and its political consequences for financial stability," wrote Håkan Frisén, head of economic ...

Brazil's weakening industry suggests no immediate recovery

Reuters-3 hours ago
ABUJA, Dec 2 Nigeria is planning a budget of more than 7 trillion naira ($22.2 billion) next year, Vice President Yemi Osinbajo said, to boost spending and help ...

Treasury to Sell $82 Billion in Debt

Wall Street Journal-17 hours ago
The U.S. Treasury Department will auction $82 billion in securities next week, comprising $48 billion in new debt and $34 billion in previously sold debt. Details ...

Italian Banks Flirt With Disaster Again as Renzi Teeters

Bloomberg - ‎7 hours ago‎
While a repeat is unlikely because of the ECB's bond-buying program, the banks do hold more than 400 billion euros in Italian government debt. If yields spike, that would crank up the pressure on lenders. “That's the worst case scenario,” said Federico ...

Farm income tumbles as crop, livestock prices stumble

DesMoinesRegister.com-14 hours ago
Nationally, debt for operating expenses, farm machinery and other non-real estate costs are forecast to climb to $148.7 billion, but debt-to-equity, an indicator of ...

Illinois governor vetoes bill to aid Chicago school pensions

Reuters-21 hours ago
... million in fiscal 2016, as well as drained reserves and debt dependency. ... It also lacks a plan to curb a huge $130 billion unfunded pension liability in the ...

Yields on Treasury-Backed Muni Bonds Soar to Highest Since 2009

Bloomberg-19 hours ago
The more than $5 billion exodus from municipal-bond funds in November is creating bargains in an often overlooked corner of the tax-exempt debt market.

Junk Rating for South Africa Might Be Hours Away and Last Years

Bloomberg-17 hours ago
With a credit assessment due on Friday, the country's foreign-currency debt is ... “If South Africa does get a downgrade, I think we are looking at at least three to ...

IPERS' unfunded liability nears $5.6 billion

DesMoinesRegister.com-16 hours ago
Iowa's largest public employees' pension fund has a long-term unfunded liability of nearly $5.6 billion, but steps are being taken to address the shortfall and ...

Employee costs and pension liabilities accelerating in SLO

Cal Coast News-12 hours ago
The city of San Luis Obispo's unfunded pension liabilities have risen to $126 million, more than the rest of the cities in SLO County combined. After the bottom ...

 

sand_puppy's picture
sand_puppy
Status: Diamond Member (Online)
Joined: Apr 13 2011
Posts: 1886
House Passes Bill Targeting Russian Propaganda Sites

Just when Charles Hugh Smith and Paul Craig Roberts were in a position to demand Putin give them a hefty raise, this happens!

ZH reports House Quietly Passes Bill Targeting Russian Propaganda Websites

Curiously, the bill which was passed on November 30, was introduced on November 22, two days before the Washington Post published its Nov. 24 article citing "experts" who claim Russian propaganda helped Donald Trump get elected.  [This timing suggests to me, a coordinated action.]

The newspaper cited PropOrNot, an anonymous website that posted a hit list of alternative media websites, including Zero Hedge, Drudge Report, Activist Post, Blacklisted News, the Ron Paul Report, and many others.

PropOrNot has pushed a conspiratorial thesis, without any actual proof, that the listed websites have been either used directly or covertly by the Russians to spread propaganda.

--------------------------------

A couple of comments:

The war on "fake news" is easily the biggest story right now in terms of importance to our liberties.

The fact that the House already had a bill on this subject and that it passed overwhelmingly tells us everything we need to know about how this is going to proceed.  We are going to see an all out war on all internet activity that is not approved by the ministry of truth.  Once again, Orwell proved himself a prophet.

 

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