Daily Digest

Image by freestock.ca, Flickr Creative Commons

Daily Digest 9/29 - Washington’s Sanctions Machine, America's Latest Crisis

Saturday, September 29, 2018, 12:24 PM

Economy

How the Deep State made Commander Kavanaugh — an intersectional analysis (Dan M.)

The urgency with which the Republican establishment rallied around Judge Kavanaugh is a function of the role Trump wanted him to provide as a rubber-stamping mechanism for power consolidation in the Supreme Court.

Contrary to the mythology that Trump himself has promoted — that he is a force rising up against the ‘Deep State’ — Trump represents a powerful cross-section of special interests within the Deep State itself.

Club of Rome: World’s policymakers unfit to ensure the future of planet Earth (Paul D.)

We need to rethink economics. My co-author Ernst Ulrich von Weizsäcker argues: “Our current economic systems have become addicted to growth at all costs, as measured by Gross Domestic Product (GDP). It is being assumed that GDP growth is synonymous with increased wellbeing and prosperity. But we have to understand that certain types of growth are “uneconomic” and detrimental to welfare and wellbeing.

Washington’s Sanctions Machine (Afridev)

Explaining the new sanctions, US State Department spokeswoman Heather Nauert issued a statement elaborating that the initial sanctions on Russia were enacted “to further impose costs on the Russian government in response to its malign activities.” She added that the US will “urge all countries to curtail relationships with Russia’s defense and intelligence sectors, both of which are linked to malign activities worldwide.”

Why America’s Latest Crisis is Suicide (Afridev)

Let’s start with the obvious. Consider the plight of the average American. He has just $500 in emergency savings. Childbirth costs half of median income — and healthcare the other half. Poof! There goes a year’s work. He’ll never retire or save. His life expectancy is shrinking. His towns and cities have become ghost towns. The ultra rich live lives of luxury — while he wonders if his kids will die in a school shooting. Who can afford to do the difficult work of democracy, when just surviving is an ordeal? And so his democracy is collapsing, too.

Can You Really Delete Your Internet History? (Thomas R.)

Because of the amount of internet usage worldwide, collecting information on users has become a huge business. Search engines like Google and social media sites like Facebook have an enormous amount of data on their users' lives and daily routines that is extremely valuable for advertising and marketing. But it's also valuable to governments and, of course, hackers. Thanks to targeted marketing, more people are realizing just how much information they're allowing onto the internet. But deleting your social media account might not be the fail-safe answer you're hoping for.

Trump Is the Laughingstock of the World—Literally (Paul D.)

“America’s …” Trump tried to continue, before being compelled to smile at the laughter breaking out before him. “So true,” he said, to even more laughter. “Didn’t expect that reaction, but that’s OK.” The gathered diplomats laughed some more, before politely applauding to make an awkward moment less so.

An American president had just become—literally—the laughingstock of the world.

Universal Basic Income For Everyone! (GE Christenson)

The Human Resources section of the U.S. government budget for 2018 is about $2.9 trillion. How many millions of individuals, doctors, hospitals, clinics and pharmaceutical companies depend upon this portion of the budget for their jobs and wealth creation? Expenditures will increase.

Climate Deniers Are More Likely to Hate Democracy (blackeagle)

“The biggest surprise in this study is the strength of the Pew measure of commitment to democratic values as a predictor of climate change concern. A belief in free elections, freedom of religion, equal rights for women, freedom of speech, freedom of the press and lack of Internet censorship is nearly universal in predicting this attitude. In fact, it is the strongest predictor of climate change concern everywhere except in English-speaking Western democracies, where party identification matters more.”

Farm worker who poisoned 406 wedge-tailed eagles in east Gippsland jailed and fined (exzlq1949)

Wedgies are beautiful birds. Some people cannot tolerate any type or size of loss, or indeed any notion of loss. They are loathe even to try co-existing with them and are happy to exterminate every last one.

A new and malevolent spirit of destruction is abroad in the world and has been especially busy for about the past 5 years.

World 'nowhere near on track' to avoid warming beyond 1.5C target (Paul D.)

“It’s extraordinarily challenging to get to the 1.5C target and we are nowhere near on track to doing that,” said Drew Shindell, a Duke University climate scientist and a co-author of the Intergovernmental Panel on Climate Change report, which will be unveiled in South Korea next month.

Trump Administration Agency Predicts 7 Degree F Rise in Global Temperatures by 2100 (Bryan S., blackeagle)

It’s hard to overemphasize just how devastating a 4 degree warming would be. Under the Paris Climate Agreement, every other country on the planet is working to try to curb our emissions and fossil fuel consumption in order to slow the warming of our planet. The goal is to keep it from warming beyond 1.5 degree C—and never reach 2 degree C—above pre-industrial levels. A new United Nations report suggests that first goal is already very unlikely, but there is still hope of keeping us under 2 degrees.

Gold & Silver

Click to read the PM End-Of-Month Market Commentary: September

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."

Login or Register to post comments