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Daily Digest 3/20 - Evolutionary Dead Ends, What Inflation Could Look Like in 2020

Tuesday, March 20, 2018, 11:58 AM

Economy

Evolutionary Dead Ends (Belmontl)

2017 set a global record for the most skyscrapers built in a single year and 2018 is predicted to eclipse it. The fossil fuel energy spent to construct those concrete and steel buildings translates into a melting cryosphere. Not to mention the fact that the carbon footprint of some of the world’s biggest cities is 60% bigger than previously estimated. “Renewable energy” still only comprises a tiny fraction of global energy consumption and plans for a total transition will take decades, if it’s even possible. Any growth in ‘renewable energy’ has been offset by increased consumption of fossil fuels in the developing world. 2017 marked a new record high in CO2 emissions with 2018 set to break that record. Global CO2 emissions have yet to peak, and the UN has warned that we are on course for a 3C world. It doesn’t help that the current U.S. administration plans to cut funding for alternative energy R&D, with the Energy Department expecting no drop in the U.S. carbon footprint through 2050.

Alabama Sheriff Legally Took $750,000 Meant To Feed Inmates, Bought Beach House (tmn)

The News discovered the eye-popping figures on ethics disclosures that Entrekin sent to the state: Over the course of three years, he received more than $750,000 in extra compensation from "Food Provisions." The exact amount over $750,000 is unclear, because Entrekin was not required to specify above a $250,000 a year threshold, the paper writes.

The paper also found that Entrekin and his wife own several properties worth a combined $1.7 million, including a $740,000 four-bedroom house in Orange Beach, Ala., purchased in September.

Russian to Judgment: Who Poisoned Sergei Skripal? (Aaron M.)

The “evidence” we are given to support the “Russia-did-it” scenario is that only the Russians have access to Novichok, and that it is such a sophisticated poison that only a state actor could have pulled off this attack. Yet the logic of this line of reasoning is quite shaky: Mirzayanov tells us it could be duplicated by anyone with a copy of his book! And this New York Times piece, which assumes Russia is the culprit, cites one Andrew C. Weber, a former assistant secretary of defense for nuclear, chemical and biological defense programs, who visited “a secret, abandoned Soviet research facility in Nukus, Uzbekistan, which the United States was asked to helped destroy in the early 2000s.”

Here’s What Inflation Could Look Like in 2020, Based on Past Surges (Diane C.)

I ran across a study by Amity Shlaes, an author with an impressive bio. Her research found several examples from the past 100 years when US inflation started mildly but then soared to alarming levels. What’s perhaps even more startling is that those inflationary spikes occurred within just two short years.

FTC Probing Facebook for Use of Personal Data, Source Says (jdargis)

An FTC spokeswoman said in emailed statement that the agency is aware of the issues that have been raised, but can’t comment on whether it is investigating. The agency takes any allegations of violations of consent decrees seriously, the statement said.

If the FTC finds Facebook violated terms of the consent decree, it has the power to fine the company more than $40,000 a day per violation.

Protect Yourself From Data Harvesters (Tiffany D.)

My colleague Paul Mampilly is fond of describing data as a resource, like oil or minerals. Accumulating control over lots of data is the first step to making big money by “mining” it — or selling the mining rights to someone else.

He’s absolutely right about that. It’s such a lucrative business that the world’s biggest companies, like Facebook and Google, give their core retail services away just so they can harvest data from us.

Japan’s Prisons Are a Haven for Elderly Women (tmn)

Even women with a place to go describe feeling invisible. “They may have a house. They may have a family. But that doesn’t mean they have a place they feel at home,” says Yumi Muranaka, head warden of Iwakuni Women’s Prison, 30 miles outside Hiroshima. “They feel they are not understood. They feel they are only recognized as someone who gets the house chores done.”

Approaching ‘grand solar minimum’ could cause global cooling (thc0655)

The names which might be familiar include the following: space observatory pioneer George Ellery Hale; discoverer of Uranus William Herschel; and astronomer Edward Maunder. It was the last of those men who identified a period from about 1640 through 1715 when the spots on the Sun disappeared. Usually, the number of dark blemishes on the solar surface tends to rise and fall in somewhat predictable 11-year cycles.

Gold & Silver

Click to read the PM Daily Market Commentary: 3/19/18

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."

3 Comments

thc0655's picture
thc0655
Status: Diamond Member (Online)
Joined: Apr 27 2010
Posts: 1616
School Resource Officer does his job: stops school shooter

https://www.nbcwashington.com/news/local/Shooting-Investigation-Underway-at-St-Marys-Co-High-School-477374093.html

Officer immediately runs to the sound of gunfire (somehow he's able to find the source! wink). Engages the shooter. Takes him into custody. Two wounded innocents. No one died. Between that and not making the shooter a national celebrity, we can put an end to these incidents.  (Don't ever say his name. Don't ever show his picture. Don't discuss in any detail his motive.)

 

thc0655's picture
thc0655
Status: Diamond Member (Online)
Joined: Apr 27 2010
Posts: 1616
Minneapolis Ofr. Noor charged with murder

http://www.foxnews.com/us/2018/03/20/officer-who-fatally-shot-justine-damond-turns-himself-in-charges-pending.html

The Minneapolis police officer who fatally shot an Australian woman in July was charged with murder Tuesday after he turned himself in when a warrant was issued for his arrest.

Officer Mohamed Noor turned himself in on Tuesday in connection to the 2017 death of Justine Ruszczyk Damond. his attorney confirmed.

The criminal complaint remained sealed by midday Tuesday, but according to the jail roster Noor was booked on a third-degree murder charge for perpetrating an eminently dangerous act while showing a "depraved mind." The second-degree manslaughter charge alleges he acted with "culpable negligence creating unreasonable risk."

Damond was shot July 15, minutes after calling 911 to report a possible sexual assault in the alley behind her home. The 40-year-old life coach’s death drew international attention, cost the police chief her job and forced major revisions to the department’s policy on body cameras.

Hennepin County Attorney Mike Freeman was scheduled to discuss charges Tuesday afternoon.

Noor, a 32-year-old Somali-American, has not talked publicly about the case and declined to be interviewed by state investigators.

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sand_puppy
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Posts: 1892
Normalcy Bias Rattled: Prepper Camps for DC Professionals

From ZH and SHTFPlan.com

DC Officials Flock to Doomsday Camps

According to the Washington Examiner, a building network of backwoods doomsday camps around the country are pulling in members from affluent areas and even Washington national security officials .... Dubbed Fortitude Ranch, the outposts promise protection and a year’s supply of food for those unable to build their own bunker with preparations for a SHTF scenario. What’s more, until a crisis strikes, the doomsday camps are being used for prepper training and vacations.

One of Fortitude Ranch’s members from the Baltimore area said that he and others joined after “waking up” to the potential of a national crisis from an attack, financial meltdown, or political violence. “For most of us, something rattled our cages and woke us up,” he said.

We’re seeing members from all the three letter agencies,” said Fortitude creator Drew Miller, a retired Air Force colonel, and intelligence officer, in a reference to the Central Intelligence Agency, Defense Intelligence Agency, Federal Bureau of Investigation and more.  Miller called an attack or even a weather-related electromagnetic pulse shutdown of the electric grid “inevitable,” and a driving force in his project.

I love the ZH comments section.

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