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Daily Digest 11/25 - The Public Are All Alone, Who Will We Trust After Cash?

Saturday, November 25, 2017, 11:31 AM

Economy

The Public Are All Alone: Understanding How the Enemy of Your Enemy Is Not Your Friend (Time2Help)

For example: Hitler and Stalin were enemies of each other, but neither of them was a friend of America (except that Stalin did more than anyone else to defeat Hitler, and thereby saved the world, though the U.S. — far less a factor than the U.S.S.R. was in defeating Hitler — still refuses to acknowledge the fact that Stalin did more than anyone else did to prevent the entire world’s becoming dictatorships; so, whatever democracy exists today, is a result of that dictator, Stalin, even more than it’s a result of either FDR or Churchill).

The future of money: Who will we trust after cash? (jdargis)

Spending and saving is changing like never before, in some parts of the world you can buy things just by smiling at a machine. Meanwhile tech upstarts are threatening to topple the banking system and even cash itself. But could consumers end up paying the price?

Diplomats Sound the Alarm as They Are Pushed Out in Droves (jdargis)

The departures mark a new stage in the broken and increasingly contentious relationship between Mr. Tillerson and much of his department’s work force. By last spring, interviews at the time suggested, the guarded optimism that greeted his arrival had given way to concern among diplomats about his aloofness and lack of communication. By the summer, the secretary’s focus on efficiency and reorganization over policy provoked off-the-record anger.

FCC will also order states to scrap plans for their own net neutrality laws (tmn)

CTIA argued last week that broadband Internet access shouldn't be regulated by states because it is an interstate service "within the sole jurisdiction of the FCC, and Congress has advanced a national policy of non-regulation for information services." That's the exact position the FCC chairman's office is now taking.

The Party's Over For Australia's $5.6 Trillion Housing Frenzy (jdargis)

Early this month, we discussed whether the world’s longest running bull market – 55 years – in Australian house prices had come to an end. This was UBS’s view following the October 2017 monthly report on Australian house prices from CoreLogic suggested that measures to tighten credit standards and dissuade overseas buyers (especially Chinese in Sydney and Melbourne) have finally begun to bite. As CoreLogic’s summary table shows, Sydney prices fell in October, for the second month running, and poised to lead national prices lower.

Miles From Flint, Residents Turn Off Taps in New Water Crisis (jdargis)

Now residents say they sense grim echoes of the ongoing crisis in a different part of this state, Flint: the bottled water, the finger-pointing, the hard-to-decipher test results. And indeed, some of the same government agencies that botched the initial response to lead-tainted water in Flint three years ago are on the case here, trying to avoid past mistakes and reassure residents.

Is America’s ‘Best Idea’ at Stake? (jdargis)

To some degree, the administration’s actions fall in line with the conservative stance on the protection of land—conservatives generally argue for increased deregulation and economic development of land, while liberals call for wilderness preservation. But never before has the country seen an administration, coupled with a Republican-controlled Congress, that is so clearly intent on rolling back existing land protections.

Keystone XL pipeline decision: what's at stake and what comes next? (jdargis)

A vote in favor of the company’s proposed route through Nebraska would give a boost to the long-delayed project, which was rejected by Barack Obama in 2015, citing concerns about carbon pollution. Donald Trump revived it in March, approving a permit.

The Guardian followed the proposed route of the pipeline and talked to opponents and supporters earlier this year in a series of three dispatches.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/24/17

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."

5 Comments

Time2help's picture
Time2help
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Posts: 2830
Essam Yousef condemns Egypt mosque bombing

Essam Yousef condemns Egypt mosque bombing (Middle East Monitor)

Quote:

One party benefits from such events, he explained, and wants confusion in the region to distract Egyptians and drain the army in Sinai.

“The crime of targeting Al-Rawda Mosque in Sinai is a cowardly act of terror that implies that these groups are linked with suspicious parties. The choice of place and time in carrying out this crime before the opening of the Rafah border crossing and after the end of the Cairo dialogues confirms these groups’ hostility against any Egyptian-Palestinian compromise and that they do not want Egypt to return to its leading Arab and international position.”

“This cowardly act will not discourage Egypt from playing its patriotic and national role, so that it can fight against the hands that mess with Egypt’s security and its citizens’ blood. Those worshipers’ blood would remain as stars that will illuminate the skies of Egypt and a curse on the face of these suspects and their agents.”

Bankers Slave's picture
Bankers Slave
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billphil1964's picture
billphil1964
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Joined: Jan 25 2014
Posts: 11
Grammar

Wow - two grammatical errors in one title: Public is a singular noun, and it's WHOM will we trust. The sloppiness that is so widespread is depressing, especially at a site I hold to a higher level. Bill

Daily Digest 11/25 - The Public Are All Alone, Who Will We Trust After Cash?

VeganDB12's picture
VeganDB12
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Joined: Jul 18 2008
Posts: 740
Those are the actual titles of the articles

So they were brought to you by Strategic Culture Foundation and BBC.  Just FYI, not meaning to be snarky.  I notice my grammar, punctuation and general level of writing has deteriorated as well due to texting and email customs.

Nate's picture
Nate
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Posts: 590
different take
billphil1964 wrote:

Wow - two grammatical errors in one title: Public is a singular noun, and it's WHOM will we trust. The sloppiness that is so widespread is depressing, especially at a site I hold to a higher level. Bill

Daily Digest 11/25 - The Public Are All Alone, Who Will We Trust After Cash?

The title was taken from articles submitted:

The Public Are All Alone: Understanding How the Enemy of Your Enemy Is Not Your Friend(Time2Help)

The future of money: Who will we trust after cash? (jdargis)

Don't blame the help at peak prosperity. Thank our (and European) public education.

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