Daily Digest

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Daily Digest 2/24 - The Science Of Junk Food, Ignorance Is Bliss On Social Issues

Sunday, February 24, 2013, 3:18 PM


America's Tragic Future In One Parabolic Chart (redinr08)

Since we know that most readers are pressed for time, we will cut to the chase: the following chart shows what according to the authors' own simulation of the US economy, and not that of the CBO, rates on the 10 Year will look like through 2037. The second chart shows what US debt-to-GDP will be for the next two and a half decades.

Ignorance Is Bliss When it Comes to Challenging Social Issues (Guy M.)

“These studies were designed to help understand the so-called ‘ignorance is bliss’ approach to social issues,” said author Steven Shepherd, a graduate student with the University of Waterloo in Ontario. “The findings can assist educators in addressing significant barriers to getting people involved and engaged in social issues.”

Through a series of five studies conducted in 2010 and 2011 with 511 adults in the United States and Canada, the researchers described “a chain reaction from ignorance about a subject to dependence on and trust in the government to deal with the issue.”

Scorecard: How Many Rights Have Americans REALLY Lost? (Guy M.)

he threat of being labeled a terrorist for exercising our First Amendment rights certainly violates the First Amendment. The government is using laws to crush dissent, and it’s gotten so bad that even U.S. Supreme Court justices are saying that we are descending into tyranny.

The Extraordinary Science of Addictive Junk Food (jdargis)

As he spoke, Mudd clicked through a deck of slides — 114 in all — projected on a large screen behind him. The figures were staggering. More than half of American adults were now considered overweight, with nearly one-quarter of the adult population — 40 million people — clinically defined as obese. Among children, the rates had more than doubled since 1980, and the number of kids considered obese had shot past 12 million. (This was still only 1999; the nation’s obesity rates would climb much higher.) Food manufacturers were now being blamed for the problem from all sides — academia, the Centers for Disease Control and Prevention, the American Heart Association and the American Cancer Society. The secretary of agriculture, over whom the industry had long held sway, had recently called obesity a “national epidemic.”

Major Banks Aid in Payday Loans Banned by States (jdargis)

While the banks, which include giants like JPMorgan Chase, Bank of America and Wells Fargo, do not make the loans, they are a critical link for the lenders, enabling the lenders to withdraw payments automatically from borrowers’ bank accounts, even in states where the loans are banned entirely. In some cases, the banks allow lenders to tap checking accounts even after the customers have begged them to stop the withdrawals.

head of Trial, Talk of a BP Settlement in 2010 Oil Spill (jdargis)

One of those issues is the fines that the company would pay for violations of the Clean Water Act related to the four million gallons of oil spilled after the explosion of the Deepwater Horizon rig, which BP had leased from Transocean. The other point of dispute is how much the company will have to pay in penalties under a different environmental statute for damage caused by the oil to the area: beaches, marshes, wildlife and fisheries.

British farming in crisis as crop losses from 'relentless' floods pile up woes (redinr08)

Watkins is stoical. Bad weather happens and farmers shoulder the burden, but the past 12 months has seen his mettle tested to new limits. His fields have flooded four times in the past four months. "Absolutely unheard of," he said. In 2011 his land had 17 inches of rain. Last year 39 inches fell. Even this was potentially surmountable as some of his crops can survive the odd short flood. "But not the constant flooding," Watkins said. "The land has never really been allowed to drain properly."

Seen as Nature Lovers’ Paradise, Utah Struggles With Air Quality (jdargis)

It is not that the region necessarily emits more pollution than other large metropolitan areas, or that the problem is especially new, Mr. Bird said. What makes the situation here different is the confluence of topographic and meteorological factors.

Gold & Silver

Click to read the Gold & Silver Digest: 2/22/13

Provided daily by the Peak Prosperity Gold & Silver Group

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