Daily Digest

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Daily Digest 4/19 - Chevron Defies CA Carbon Emissions, Why Boston’s Hospitals Were Ready

Friday, April 19, 2013, 10:26 AM

Economy

Expert: HFT Has Gamed the System - There’s No Room for Traders Anymore (adam)

Let’s talk about your role as a technology consultant and how the market is structured, because it seems like it’s Wall Street versus Main Street where the little investor really can’t have any confidence in the market when these big high frequency trading firms can go in and use manipulative techniques to alter the outcome in the markets.

Score: Banksters Two, Gold & Silver Zero (GE Christenson)

Friday the 12th and Monday the 15th of April were memorable days. It is clear that both silver and gold paper markets were taken down via a devastating attack of naked short selling that triggered margin calls that accelerated the decline. Gold and silver investors panicked, and some sold into the lows.

Why Boston’s Hospitals Were Ready (amanda)

My hospital, the Brigham and Women’s Hospital, received thirty-one victims, twenty-eight of them with significant injuries. Seven arrived nearly at once, starting at 3:08 P.M. All required emergency surgery. The first to go to surgery—a patient in shock, hemorrhaging profusely, with inadequate breathing and a near-completely severed leg—was resuscitated and on an operating table by 3:25 P.M., just thirty-five minutes after the blast. The rest followed, one after the other, spaced by just minutes. Twelve patients in all would undergo surgery—mostly vascular and orthopedic procedures—before the evening was done.

U.S. banks issue mortgage rebate cheques that bounced (westcoastjan)

"The paying agent for [cheques] being sent to borrowers under the Independent Foreclosure Review has assured the Federal Reserve Board that early problems with some cheques have been corrected and that funds are available to cash all [cheques]," the Fed said.

More than 50,000 people have already received and successfully deposited their rebate cheques, the Fed says.

Full List of Bankers at White House Meeting Thursday (Jason C.)

President Barack Obama is meeting with members of the members of the Financial Services Forum Thursday morning at 11 a.m. They are expected to discuss the economy, the employment picture and the administration’s new budget proposal.

The Euro Legacy: In Greece, Children Pick Through Trash Cans For Food (Wendy SD)

What is frightening is the speed at which it is happening, "a year ago it wasn't like this," as one family talks of the 'cabbage-based diet' which it supplements by foraging for snails in nearby fields. Programs are being started to help from wealthier Greeks, but as one parent said, "unless the EU acts, we're done for."

Spain's Recession Forces Breeders To Send 70,000 Purebred Horses To Slaughterhouse in 2012 (Wendy SD)

Barring an unlikely reprieve, Mesa's purebreds will be turned into horse meat for export come July. They are victims of a wrenching economic downturn that has wiped out fortunes, turned housing developments into ghost towns and left more than a quarter of the population out of work.

Energy

The Biomass Power Plant that Runs on Single Malt Whiskey (James S.)

Adrian Bowles , the chief executive officer of Helius Energy, said that, “this is renewable energy in action using innovative technology to provide enough power for 9,000 homes, and produce animal feed using by-products from local whisky distilleries. Projects like these will increasingly form part of the UK energy mix.”

Engineers use brain cells to power smart grid (Arthur Robey)

"The brain is one of the most robust computational platforms that exists," says Ganesh Kumar Venayagamoorthy, Ph.D., director of the Real-Time Power and Intelligent Systems Laboratory at Clemson University. "As power-systems control becomes more and more complex, it makes sense to look to the brain as a model for how to deal with all of the complexity and the uncertainty that exists."

Environment

Chevron Defies California On Carbon Emissions (Wendy SD)

We’ve looked at 100 feedstocks, 50 conversion technologies, worked to shape this law the best we can, and we have not come up with a solution to be able to comply,” said Rhonda Zygocki, Chevron’s executive vice president of policy and planning, in a Feb. 4 talk at the Commonwealth Club in San Francisco. Rick Zalesky, the Chevron official who celebrated the order’s signing with Schwarzenegger, was blunt last June when he declared the low-carbon standard “not achievable.”

Fascinating Account Of Two Families Living Off The Grid For Two Decades (Wendy SD)

The era of 40 acres and a mule has been replaced by the era of a half an acre and a laptop and a solar panel,” he said, according to MNN. He acknowledged it can be still be a lot of work though, even on a small plot of land.

Gold & Silver

Click to read the Gold & Silver Digest: 4/18/13

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."

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The Chart Making The Fed Nervous

The Chart Making The Fed Nervous

 

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