Daily Digest

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Daily Digest 2/8 - Roll Back Mandate Creeps, Snowstorm Set To Blanket Northeast

Friday, February 8, 2013, 12:15 PM

Economy

Trying to Stem Losses, Post Office Seeks to End Saturday Letter Delivery (Amanda)

Mr. Donahoe said the move to end Saturday delivery was part of a long-term plan to return the agency to profitability. Since 2010, the agency has continued to close post offices, reduce hours at many small, rural offices and cut staff. It also announced plans to sharply reduce the number of its regional processing plants. Last month, the agency raised the price of a first-class stamp to 46 cents, the latest in a series of generally annual postage increases.

Silver Prices - The Big Picture (GE Christenson)

The highs in 2004, 2006, 2008, and 2011 were at or above that trend line. A price of $15 in 2006 was just as extreme as a nearly $50 price in 2011 and a possible $100 price within the next two years. Will silver prices spike that high? Time will tell, but before you dismiss such a price as unlikely, consider the following:

Prepaid card loaded with tax refund is recipe for waste (westcoastjan)

“I think when you put a credit on the card, it says in the person’s mind, ‘I’ve got free money,’ as opposed to saying, ‘Here’s a refund, put this in your savings account,’ ” said Scott Hannah, the Vancouver-based chief executive of the Credit Counselling Society. “You put something on a [prepaid] card, what are you going to do? You have to use it. You have to spend it to use it.”

Roll Back Mandate Creeps (westcoastjan)

Post-creation, in the cases of each of these Crowns, the corporations or their political masters were criticized for being too conservative. Urged to do more to help consumers and businesses, legislators over time expanded the Crowns’ mandates. Later, as the presumed credit market gap underpinning their creation became a given, the Crowns began to test the limits of their statutory powers.

China bans television ads for luxury goods in bid to ‘ditch extravagance and uphold frugality’ (westcoastjan)

“Radio and television channels should fully exert their role of educating the people, carrying forward good Chinese traditions and civilised lifestyles, and taking the lead to implement the requirements of central authorities.”

Angry Vladimir Putin demands firing of Olympic official after Sochi goes over budget (westcoastjan)

During his tour of Olympic venues, Putin fumed when he heard that the cost of the ski jump had soared from US$40-million to US$265-million and the project was behind schedule.

Big Storm and Its Disruptions Descend on the Northeast (jdargis)

The city of Boston, where snow started to fall around 9:30 a.m. and forecasts called for more than two feet of snow to fall by Saturday, announced that it would close all schools on Friday and that mass transit in the city would be suspended starting at 3:30 p.m., joining other localities in trying to get ahead of the storm and keep people off the roads.

Ranchers Find Hope in Flightless Bird’s Fat (jdargis)

“The oil is beneficial for almost any kind of skin condition,” said Clover Quinn, the owner of the Wild Rose, as she rubbed some of the oil on her hands. While there are a few studies that demonstrate the oil’s effectiveness for some things, proponents say it has a wide range of uses.

Can Leak Detection End the Pipeline Impasse? Interview with Adrian Banica (James S.)

At a recent conference we were fortunate enough to corner Adrian Banica, the CEO of Synodon and in the few hours we spoke to him we managed to get a treasure trove of information that I have not seen covered by the media who seem to view the picture as black and white and for or against – when the real situation is much more complicated yet actually fairly simple for both sides to find middle ground.

US north-east braced for 2ft of snow as major storm approaches (ScubaRoo)

A blizzard warning is due to come into effect from Boston down to New York City on Friday morning, while Rhode Island, Connecticut and parts of New Jersey are also likely to be affected. The National Weather Service warned that the conditions will make travel "extremely dangerous" and said people in affected areas should not venture out into the storm.

Gold & Silver

Click to read the Gold & Silver Digest: 2/7/13

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."

13 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
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Posts: 4066
chm's picture
chm
Status: Bronze Member (Offline)
Joined: May 28 2011
Posts: 46
Greek Meltdown, Electric Cars Not Viable

Greek Hospitals Suffer In Ailing Economy
http://www.npr.org/2012/12/09/166807624/greek-hospitals-suffer-in-ailing-economy

"We're seeing children with severe malnutrition," he says.
...
"We ration supplies, medicine, everything," he says. "Sometimes we pay out of our own pockets to buy them."

Veliotis has been a pediatrician for eight years but makes just under $2,000 per month, after a 30-percent pay cut.
...
Papamichalis, the neurologist, says his pay has also been cut; he now makes the equivalent of $1,600 a month and often works 100 hours a week.
...
"But in reality, we're working under the same conditions as 50 years ago."
...
But his colleague Dimitris Kokkinidis, a hematologist, says he's lost hope.

Kokkinidis' salary has been cut in half. He now makes about $1,200 a month.

That's what his family of five must live on. His wife, Despina Rizopoulou, works as a family doctor at a private clinic, but she hasn't been paid for 11 months.

A Health Care Tragedy Plays Out In A Greek Port
http://www.npr.org/2012/03/09/148315011/a-health-care-tragedy-plays-out-in-a-greek-port

Official unemployment in the port town is 80 percent, and many people are unable to afford food and medicine.
...
Like A Third World Country
...
Psychological Impact
...
"A symptom I encounter very frequently is panic attacks and agoraphobia," she says. "They have difficulty [leaving] their home. And all kinds [of] depressive symptoms, like feeling helpless and unworthy and guilty, they have a lot of despair."

For Greeks, Painful Cuts Keep Tearing At The Social Fabric
http://www.npr.org/2013/02/06/170689489/for-greeks-painful-cuts-keep-tearing-at-the-social-fabric?ft=1&f=1001

Nowhere are cutbacks more visible and painful than in health care.

Universal coverage — which most countries in Western Europe have in some form — is no more in Greece. Now, a year after losing a job, a worker loses all benefits.

Greeks forgo winter heating after jump in fuel tax
http://www.newsdaily.com/stories/bre9160r2-us-greece-fuel/

"It's a bit like the Wild West here," Gourdomichalis said. "There's just such poverty and misery and unemployment."

Desperate Greeks scuffle at free food handout
http://www.newsdaily.com/stories/bre9150pz-us-greece-food/

"I can't afford anything, not even at the fruit market. Everything is expensive, prices of everything are going up while our income is going down and there are no jobs."

Disappointed With Electric Cars, Automakers Are Making Bad Bet On Fuel Cells
http://www.forbes.com/sites/boblutz/2013/02/06/disappointed-with-electric-cars-automakers-are-making-bad-bet-on-fuel-cells/

The father of the Prius, Toyota’s Takeshi Uchiyamada, is saying that it holds more promise than battery electric vehicles, which he says haven’t worked out to be “a viable replacement” for gas-powered cars.
...
My prediction: unless something close to magic happens in Japan or elsewhere, the fuel-cell vehicle will forever be a wall flower at a party dominated by fast, fun, powerful conventional cars and clean, high-range, rapidly-rechargeable battery vehicles.

cmartenson's picture
cmartenson
Status: Diamond Member (Online)
Joined: Jun 7 2007
Posts: 5570
Greek Tragedy
chm wrote:

Greek Hospitals Suffer In Ailing Economy
http://www.npr.org/2012/12/09/166807624/greek-hospitals-suffer-in-ailing-economy

"We're seeing children with severe malnutrition," he says.
...
"We ration supplies, medicine, everything," he says. "Sometimes we pay out of our own pockets to buy them."
(...)

Man, that's sad.

But don't worry, Europe is all fixed.

littlefeatfan's picture
littlefeatfan
Status: Silver Member (Offline)
Joined: Jul 20 2009
Posts: 141
More 3E related Links, Resources and Cartoons

http://3es.weebly.com/ This weeks summary "99 Luftballons" Edition

Useful Resource? Please give a thumbs up

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
AKGrannyWGrit's picture
AKGrannyWGrit
Status: Gold Member (Offline)
Joined: Feb 6 2011
Posts: 433
Greek Tragedy

Chm - thanks for sharing! Human suffering often gets hidden in the data.

Adam, your article is useful and appropriate for those who are just starting their journey. Am going to print it and hand it out to a few that are not aware yet.

Saxplayer00o1 - appreciate your continued contribution!

AK Granny

Denny Johnson's picture
Denny Johnson
Status: Gold Member (Offline)
Joined: Aug 13 2008
Posts: 348
King World News may download malicious software to your computer

I've seen a warning at more than one site, I just had a warning pop up when I tried to go to KWN.

King World News may download malicious software to your computer. Proceed at your own risk, for now.

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
KWN

I don't frequent KWN much. Too much breathless hyperbole. But it looks as though someone is trying to cripple them.

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
George Miley is trying

George Miley is trying to demonstrate his LENR device at the Future Energy Conference.

LENR Power Units use pressurized hydrogen –nickel nanoparticles undergoing low energy nuclear reactions to create a very high energy density heat source configured for co-generation power for home or industrial distributed power

westcoastjan's picture
westcoastjan
Status: Platinum Member (Offline)
Joined: Jun 4 2012
Posts: 561
nice looking muffler!

...which is about how much I understand this stuff...

Can we use this for an eco-boost under the car? devil The Turbo-fan looks like it could add some much needed oomph!

Sorry Arthur, just havin' some fun with my inadequacy! wink

Jan

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Censorship.

It doesn't really matter Jan. I don't think that Miley will be given a chance to talk.

Telle est la vie et la mort.

Some confuse my popularity with the fate of humanity.

ao's picture
ao
Status: Diamond Member (Offline)
Joined: Feb 4 2009
Posts: 2220
no worries
Denny Johnson wrote:

I've seen a warning at more than one site, I just had a warning pop up when I tried to go to KWN.

King World News may download malicious software to your computer. Proceed at your own risk, for now.

It's a hacker attack, just like the ones I mentioned at Chris Duane's site and SGTreport.

 

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
China Passes U.S. to Become the World’s Biggest Trading Nation

China Passes U.S. to Become the World’s Biggest Trading Nation

 

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