Daily Digest

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Daily Digest 4/18 - America's Disappearing Pensions, Thermonuclear War May Break Out 'At Any Minute'

Tuesday, April 18, 2017, 9:06 AM

Economy

North Korea: ‘Thermonuclear war may break out at any minute' (Adam)

“The people of North Korea, the military of North Korea, should not mistake the resolve of the United States of America to stand with our allies,” he said during remarks at the demilitarized zone separating North and South Korea.

“But all options are on the table as we continue to stand shoulder to shoulder with the people of South Korea for denuclearization of this peninsula and for the long-term prosperity and freedom of the people of South Korea.”

How Western civilisation could collapse (Afridev)

For both scenarios, the models define a carrying capacity – a total population level that a given environment’s resources can sustain over the long term. If the carrying capacity is overshot by too much, collapse becomes inevitable. That fate is avoidable, however. “If we make rational choices to reduce factors such as inequality, explosive population growth, the rate at which we deplete natural resources and the rate of pollution – all perfectly doable things – then we can avoid collapse and stabilise onto a sustainable trajectory,” Motesharrei said. “But we cannot wait forever to make those decisions.”

Hotel industry details plans to fight Airbnb (lambertad)

In the minutes of a January American Hotel and Lodging Association board meeting obtained by The Hill, HotelPAC and its parent organization, the American Hotel Lodging Organization, said the money boosted candidates who back the industry and were potentially in favor of having Airbnb “play by the same rules."

Trump orders agencies to re-think H-1B visa program (jdargis)

"This is the policy that ensures no one gets left behind in America anymore—that we protect our industry from unfair competition, favor the products produced by our fellow citizens and make certain that when jobs open those jobs are given to American workers first," said the White House in a statement quoted by the Post.

Angst In America - Disappearing Pensions (pinecarr)

That happy outcome was probably never as available as we think. Maybe it was relatively common for the first few decades after World War II. Many of my Baby Boomer peers think a secure retirement should be normal because it’s what we saw in our formative years. In the early 1980s, about 60% of companies had defined-benefit plans. Today it’s about 4% (source: money.CNN). But today defined-benefit plans have ceased to be normal in the larger scheme of things. We witnessed an aberration, a historical anomaly that grew out of particularly favorable circumstances.

Children as young as 13 attending 'smartphone rehab' as concerns grow over screen time (blackeagle)

Hilarie Cash, the Centre’s founder, told Sky News smartphones, tablets and other mobile devices can be so stimulating and entertaining that they “override all those natural instincts that children actually have for movement and exploration and social interaction”.

The Inside Story Of The Kushner-Bannon Civil War (jdargis)

Bannon had been viewed as one of the two (with Kushner) most powerful members of the West Wing team, and for a time was referred to (reportedly with his own tacit encouragement) as President Bannon—a joke that isn’t a joke. He keeps a personal publicist and is the self-appointed guardian of the issues that matter to the base that got Trump elected. But, according to a senior administration official, Bannon’s effort to put himself on the National Security Council, without Trump having been fully briefed, made Ivanka and Jared suspicious of his motives. “This was honestly a dark-of-night operation,” this official told me. Similarly, the bungled implementation of the travel ban didn’t win any points for Bannon.

Researchers find glyphosate in pregnant women, worry about impact on infants (jdargis)

Currently, concerns about the safety of glyphosate are at the center of a major national lawsuit. Monsanto is being sued by hundreds of U.S. consumers who say the company did not warn them, despite evidence, that the chemical can cause cancers such as non-Hodgkin lymphoma, a blood disease. A key piece of testimony in the suit is a 2015 International Agency for Research on Cancer (IARC) report stating that glyphosate is “probably carcinogenic to humans.” Monsanto contests the listing, citing rulings by the EPA, the European Chemicals Agency, and the European Food Safety Authority that did not find cancer risks.

Gold & Silver

Click to read the PM Daily Market Commentary: 4/17/17

Provided daily by the Peak Prosperity Gold & Silver Group

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2 Comments

blackeagle's picture
blackeagle
Status: Silver Member (Offline)
Joined: May 16 2013
Posts: 190
wars, wars, war

You think you can stamp on that caterpillar?

All right, you've done it. It wasn't difficult.

And now, make the caterpillar again...

-- Lanza del Vasto

 

Homo destructor. Homo superbus. Homo stulte.

 

Edwardelinski's picture
Edwardelinski
Status: Gold Member (Offline)
Joined: Dec 23 2012
Posts: 289
Great Vanity Fair Read

The Bannon-Kushner center won't hold.The keys to the kingdom have been given to the Mercer,Koch,Murdoch and Devos families with Goldman as the ring leader.Sarah Ellison is a great reporter.If possible you should try to arrange an interview with her husband Jesse Eisenger.(ProPublica)He has anew book coming out called The Chickenshit Club.It is about the failure of the Justice Dept to prosecute the white collar criminals in Banking,Pharma etc... 

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