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Daily Digest 2/27 - Supreme Court Clashes Over Union Fees, How Much Money Do People Need To Be Happy?

Tuesday, February 27, 2018, 11:47 AM


You Can Never Change Your Life Through Willpower. Here’s What Actually Works. (Afridev)

Trauma isn’t necessarily caused by tough experiences. It’s caused by keeping those experiences and the pain or confusion of those experiences to yourself. It’s caused by fighting silent battles. It’s caused by trying to go at it alone.

Addiction therapist and researcher, Arnold M. Washton, Ph.D. said, “Many people think that what the addict needs is willpower, but nothing could be further from the truth.”

Supreme Court won't hear Trump bid to end DACA program (TS)

The 9th US Circuit Court of Appeals has generally allowed nationwide injunctions against the Trump administration actions from lower court judges under this President to stand, meaning the DACA program could be spared a year or more until the Supreme Court could take up the case in next year's term, given the likely realities of the calendar.

President Donald Trump blasted the 9th Circuit Monday.

U.S. Supreme Court Justices Clash Over Mandatory Union Fees (TS)

"You’re basically arguing: Do away with unions," Justice Sonia Sotomayor told a lawyer challenging the fees on behalf of Illinois government employee Mark Janus.

The court’s conservatives, however, signaled they were poised to overturn a 1977 ruling that said states can let public-sector unions demand so-called agency fees from non-members, as long as the money covers representational work like collective bargaining and not ideological or political activities like lobbying.

The gun debate in Congress: From concealed-carry to the assault weapons ban (tmn)

After a shooter used a so-called “bump stock” to boost his rifle’s rate of fire during an attack on a Las Vegas concert that killed nearly 60 and injured more than 850, lawmakers in both parties called for a ban on the devices that can effectively convert semi-automatic weapons into fully automatic ones.

Trump on Tuesday directed Attorney General Jeff Sessions to prepare restrictions on the devices, which the Obama administration had declined to regulate. But that process would take far more time to implement than the legislative bans already introduced in Congress — which are opposed by the NRA.

We May Soon Be Living In Alexa's World (blackeagle)

>There are some costs to this strategy, which prizes speed over polish. The universe of Alexa-enabled products is shaggy. Many third-party devices get low reviews on Amazon. Many don’t include some of Alexa’s key functions — I tested devices that don’t let you set reminders, one of the main reasons to use Alexa. Technical limitations also prevent non-Amazon devices from taking advantage of some of Alexa’s best new features, like the ability to call phones or other Alexas (creating a kind of home intercom system). Mr. Limp said Amazon was aiming to fix these limitations, but conceded that its strategy necessarily led to some low-end devices. “You’re right, sometimes the ramifications of this will be that some devices will be out there that aren’t perfect,” he said.

An influential group of doctors says all teens should get screened for depression — here are some of the questions they ask (TS)

Between 2010 and 2015, the number of American teens who frequently experienced high levels of depressive symptoms like joylessness rose 33%, according to a 2017 study published in the journal Clinical Psychological Science. The same study suggested that deaths by suicide among teenagers went up 31%.

How much money do people need to be happy? (tmn)

These psychologists, from Purdue University and the University of Virginia, are not the first to study how income relates to life satisfaction. In 2010, the Nobel prize-winning duo of economist Angus Deaton and psychologist Daniel Kahneman, famously found that the satiation point for US households was about $75,000 (about $84,000 in 2016 dollars). This new research improves on Deaton and Kahneman’s work, because the data is able to account for the number of people in a household, has more detailed income numbers, and includes responses from many more countries.

Venezuelan Oil Production Could Further Collapse On New U.S. Sanctions (Michael K.)

“The impact of a naphtha shortage ultimately comes down to the operational integrity of the heavy oil upgraders in Venezuela,” Pablo Medina, vice president at Welligence Energy Analytics, told Bloomberg. “If the upgraders were to encounter operational issues or come offline, naphtha demand would increase significantly for heavy oil blending purposes,” Medina noted.

Gold & Silver

Click to read the PM Daily Market Commentary: 2/26/18

Provided daily by the Peak Prosperity Gold & Silver Group

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