Daily Digest

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Daily Digest 1/8 - Exploring Alaska's Roadside Glaciers, An Intelligence Report That Will Change No One’s Mind

Sunday, January 8, 2017, 11:15 AM

Economy

Citi: "There Is Something Strange Going On... Something Doesn't Smell Right" (jdargis)

... an upturn, which however, has been largely predicated by the reflexivity of soaring stock markets, which in turn have spiked not on actual news, but frontrunning the "everyone's-a-winner-under-Trump" trade...

Moral panic over fake news hides the real enemy – the digital giants (Terry L.)

Will the fake news crisis be the cause of democracy’s collapse? Or is it just a consequence of a deeper, structural malaise that has been under way for much longer? While it’s hard to deny that there’s a crisis, whether it’s a crisis of fake news or of something else entirely is a question that every mature democracy should be asking.

Our elites are having none of it. Their fake news narrative is itself fake: it’s a shallow explanation of a complex, systemic problem, the very existence of which they still refuse to acknowledge. The ease with which mainstream institutions, from ruling parties to thinktanks to the media, have converged upon “fake news” as their preferred lens on the unfolding crisis says a lot about the impermeability of their world view.

‘What’s the Big Deal?’ Ask Trump Voters on Russia Hacking Report (jdargis)

In Washington, the report was viewed as extraordinary, both for its timing, raising sharp questions about the president-elect’s legitimacy on the verge of his taking office, and for its assertions, describing the operation as Russia’s boldest effort yet to meddle with American elections, to spread discontent and to “undermine the U.S.-led democratic order.”

An Intelligence Report That Will Change No One’s Mind (jdargis)

Although the unclassified report, which is based on a longer, classified report, uses the strongest language and offers the most detailed assessment yet, it does not or cannot provide evidence for its assertions. That virtually guarantees that it will not change many minds in the debate, which has become heavily partisan. The intelligence community is in effect telling readers, “trust us”—something the president-elect, among others, has been unwilling to do.

Tillerson Ethics Plan Foreshadows Knotty Trump Confirmations (jdargis)

“This schedule has created undue pressure” on ethics officials “to rush through these important reviews,” wrote Walter M. Shaub Jr., director of the federal Office of Government Ethics, in a letter to Democratic senators. “More significantly, it has left some of the nominees with potentially unknown or unresolved ethics issues shortly before their scheduled hearings.”

Deadly icy spell grips much of Europe, including Greek islands (jdargis)

In Athens, the temperature failed to rise above 0C and several of the islands were covered in snow.

Some of the Greek islands are home to thousands of migrants and many are being moved to temporary housing and heated tents.

The USDA is Conducting a Check Up on the Financial Health of America’s Dairy Industry (jdargis)

The data will also be used to study the economy of scale in the dairy industry. Kings says that based on data from the 2010 ARMS, dairies with less than 50 cows had production costs twice that of dairies with 1,000 cows or more. “This cost-size relationship means that large dairies account for an increasing share of milk production and small dairies are going out of business, often as small producers reach retirement,” she says.

Exploring Alaska's Roadside Glaciers (jdargis)

Anchorage-based photographer Mark Meyer started photographing glaciers in 2009. Despite his geographic proximity to the frozen floes, Meyer was nevertheless surprised by how easy it was to get onto the ice. “You can wake up in a bed, go for a drive, hike on the glacier, and be back in time for dinner,” he said. Since then, he and his wife (featured in several of his photographs) have made it their mission to explore as many of Alaska’s 100,000 glaciers as possible before climate change makes it too difficult to do so. “While the project has mostly been an excuse to get and out see a little more Alaska,” Meyer said, “after seeing the rapid changes, it is gradually transforming into a project to document what feels like a pivotal moment in environmental history.”

Gold & Silver

Click to read the PM Daily Market Commentary: 1/6/17

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."

1 Comment

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2766
You know the drill.

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