Daily Digest

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Daily Digest 3/18 - How The Media Manipulates The World Into War, Restoring America’s Rural Towns

Saturday, March 18, 2017, 10:03 AM


Hedge-fund shutdowns last year were most since 2008 (lambertad)

Heinz said the average hedge-fund management fee fell to 1.48% in the fourth quarter from 1.49% in the previous three months, while the average incentive fee fell 0.1 percentage point to 17.4%. The average management fee for funds launched in 2016 fell to 1.33%, down from 1.6% in 2015. The average incentive fee for new funds declined to 17.71% from 17.75% in 2015.

Trump Deflects Blame for U.K.'s Anger Over Spying Allegation (jdargis)

Trump stuck by his allegation, which has been refuted by the heads of the House and Senate intelligence committees, that the Obama administration had him under surveillance during the 2016 presidential campaign. During a White House news conference with German Chancellor Angela Merkel, Trump also made an indirect reference to disclosures during the Obama administration that the U.S. monitored the German leader’s personal mobile phone.

Faking It: How the Media Manipulates the World into War (Time2Help)

As the US and Iranian governments escalate tensions in the already volatile Straits of Hormuz, and China and Russia begin openly questioning Washington’s interference in their internal politics, the world remains on a knife-edge of military tension. Far from being a dispassionate observer of these developments, however, the media has in fact been central to increasing those tensions and preparing the public to expect a military confrontation. But as the online media rises to displace the traditional forms by which the public forms its understanding of the world, many are now beginning to see first hand how the media lies the public into war.…

Dutch voters reject anti-Islam candidate (sv)

The exit poll by research firm Ipsos gave Rutte, who has already served two terms, 31 of the 150 seats up for grabs in the lower parliament, more than any other party. Wilders' Party for Freedom came second with 19 seats alongside two other parties. Twenty-eight political parities were vying for power and no one party has ever won an outright majority. Under the Netherlands' fragmented political system the parties that get the most votes must form a coalition government, and that could take days or even weeks.

What Happens If a Nuclear Bomb Goes Off in Manhattan? (jdargis)

The Center for Social Complexity was awarded a grant worth more than $450,000 last May to develop a computer model that simulates how as many as 20 million individuals would react in the first 30 days after a nuclear attack in New York City. The grant, which came from the nuclear-focused Defense Threat Reduction Agency, or DTRA, will fund a three-year project. In the simulation, individual “agents” will make decisions and move about the area based on their needs, their surroundings, and their social networks.

Republicans Start Lining Up to Fight for the N.E.A. and N.E.H. (jdargis)

Two other Republican senators, Susan Collins of Maine and Shelley Moore Capito of West Virginia, signed their names last month to a letter urging continued support for the endowments, which together get $300 million a year. A spokeswoman for Senator Capito, who is on the appropriations committee, said Friday that she would “advocate for her priorities, including funding for the arts and humanities, which are important to our economy and communities.”

Tax Breaks Could Save U.S. Oil Industry Billions (Michael K.)

U.S. shale boomers have been raising output since the second half of last year, in sync with price improvements. This tactic received a major boost when OPEC agreed at the end of November to cut some 1.2 million bpd from global supply, plus another 600,000 bpd from non-OPEC producers.

Small-Scale Farming Could Restore America’s Rural Towns (Don R.)

I learned that about 45 percent of Organic Valley’s farmers nationwide are Amish or Mennonite. Organic Valley, based in La Farge, Wisconsin, is in business to serve the interests of these farmers. They start by setting dairy prices that are enough for farmers to operate without harming the animals, the workers, the customers, or the planet. And instead of paying exorbitant salaries to executives or huge returns to investors, the company helps conventional farmers make the expensive transition to organics. The prosperity of these small farmers ripples out into the surrounding communities, where those who provide farm families with goods and services can also prosper.

Gold & Silver

Click to read the PM Daily Market Commentary: 3/16/17

Provided daily by the Peak Prosperity Gold & Silver Group

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Trump Broadens CIA Powers, Allows Deadly Drone Strikes

Trump Broadens CIA Powers, Allows Deadly Drone Strikes (Wall Street Journal)


WASHINGTON—President Donald Trump has given the Central Intelligence Agency secret new authority to conduct drone strikes against suspected terrorists, U.S. officials said, changing the Obama administration’s policy of limiting the spy agency’s paramilitary role and reopening a turf war between the agency and the Pentagon.

The new authority, which hadn’t been previously disclosed, represents a significant departure from a cooperative approach that had become standard practice by the end of former President Barack Obama’s tenure: The CIA used drones and other intelligence resources to locate suspected terrorists and then the military conducted the actual strike. The U.S. drone strike that killed Taliban leader Mullah Mansour in May 2016 in Pakistan was the best example of that hybrid approach, U.S. officials said.

The Obama administration put the military in charge of pulling the trigger to promote transparency and accountability. The CIA, which operates under covert authorities, wasn’t required to disclose the number of suspected terrorists or civilian bystanders it killed in drone strikes. The Pentagon, however, must publicly report most airstrikes.

Mr. Trump has indicated he wants to accelerate the fight against Islamic State and other militant groups. The CIA first used its new authority in late February in a strike on a senior al Qaeda leader in Syria, Abu al-Khayr al-Masri, U.S. officials said. The strike in northern Syria on Mr. Masri, a son-in-law of the late al Qaeda leader Osama bin Laden, had been reported, but it wasn’t previously known that the CIA had carried it out under the new authority. U.S. officials are still assessing results of the strike.

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Sustainable homesteading




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