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Daily Digest 8/31 - The Case For Doing Nothing In Syria, Huge Canyon Discovered Under Greenland Ice

Saturday, August 31, 2013, 10:33 AM

Economy

The Case For Doing Nothing In Syria (jdargis)

What makes it a bad option in the eyes of many is the reality that following my advice will lead to the deaths of many Syrian civilians. That is truly and genuinely tragic. On the other hand, it is by no means clear that bombing military institutions will reduce the number of civilian casualties. Historically, military intervention on the side of rebel groups has increased the pace of civilian deaths, not decreased it.

In Turnaround, It’s France Backing Arms While Britain Sits on Syria Sidelines (jdargis)

Vincent Desportes, a retired French general and former director of the French École de Guerre, said that “the United States and France are truly in the same boat, in the same difficulty, and this difficulty is that of the credibility and place of the West in the world.” For France, he said, it is an occasion to tell the Americans that “we weren’t with you in Iraq because we didn’t believe in it, but now we are going with you because we do.”

Major Surge Is Unlikely for Prices of U.S. Gas (jdargis)

According to the AAA daily fuel gauge report, the national average price of a gallon of regular gasoline on Friday was just over $3.58, still only 5 cents higher than a week ago and 4 cents cheaper than a month ago. Gasoline prices are just beginning to catch up with the rise in global crude oil prices, which had climbed roughly $6 a barrel in just a few days as the United States and allies prepared to attack Syria in retaliation for what they suspect was a government chemical weapons attack on Syrian civilians.

Making the Safety Net More Visible in Philadelphia (jdargis)

In North Philadelphia, one of the poorest sections of the city, as many as 65 percent of individuals in some neighborhoods meet the guidelines for the Community Services Block Grant, a federal program that funds local agencies providing services to low-income communities, according to 2010 census data.

40% of top-paid CEOs busted, bailed out or booted, study says (westcoastjan)

"We have a corporate culture that really encourages risky behaviour that is dangerous for both shareholders and taxpayers. I think it’s widely acknowledged that the executive CEO compensation structure for Wall Street bankers was a factor that got us into this crisis," she told CBC News.

Trans-Pacific Partnership: Canadian MPs Have No Access To Drafts U.S. Pols Can See, NDP Says (westcoastjan)

The latest round of negotiations in the Trans-Pacific Partnership (TPP) opened in Brunei last week and runs to the end of the month. Canada joined the talks in 2012 after years of lobbying.

If finalized , the deal would create a free trade area that would cover Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam, along with Canada.

Huge canyon discovered under Greenland ice (jdargis)

The lead author, Prof Jonathan Bamber of Bristol University said: "With satellite images instantly available on a mobile phone we could assume that the Earth has been fully mapped, but there's clearly a lot left to discover. We're incredibly excited about this - it really is a once-in-a-lifetime discovery to find something on this scale."

No-Till Farming: What's The Deal? (jdargis)

The no-till movement is gaining steam, and there are many resources available to help you transition. Twenty years ago, many farmers had to wing it, using trial and error to learn the system’s quirks.

Gold & Silver

PM End of Week Market Commentary - 8/31/2013

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."

4 Comments

Nate's picture
Nate
Status: Platinum Member (Offline)
Joined: May 6 2009
Posts: 590
Martin Armstrong

Excellent interview with Martin Armstrong.  The interview is dated (April), but well worth listening to.

http://www.financialsense.com/financial-sense-newshour

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Paying for the War.

If every citizen had to put his hand in his pocket to pay for the war he just voted for, how many wars would he be willing to contribute to?

But no matter how the debt is hidden you will pay for it, Joe and Jane Taxpayer.

Nate's picture
Nate
Status: Platinum Member (Offline)
Joined: May 6 2009
Posts: 590
another view
Arthur Robey wrote:

If every citizen had to put his hand in his pocket to pay for the war he just voted for, how many wars would he be willing to contribute to?

If every politician voting for war had to send his children and grandchildren to the front line, how many wars would we have?

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
How to fight a War

I am begining to think that Syria is a classic Divide and Conquor gambit. The object is to weaken Syria by ensuring a "fair fight."

The notion of a fair fight may have merit behind the bike shed but it has no place in war. The more evenly matched the opponents, the bloodier the consequence. A far better outcome happens when there is a gross mismatch. The weaker side capitulates gracefully and gives the stronger side an opportunity to display the merits of their culture. 

My dad said that they met an Italian officer in the campaign up Italy against the Germans during WWII. The officer was in the street with his suitcase packed, waiting to be taken prisoner. In my youth I thought this to be a weakness. I was wrong. I hope that this Italian officer had a long life and many grandchildren.

Wikipaedia describes Divide and rule, so I had better be clear in what I mean. The strategy that I am describing is to first divide your target into two groups. The classification does not matter. It could be black versus white, catholic versus protestant, rich versus poor. The ways to divide a people are myriad.

Next you send in agent provocateurs (yes, they do exist as a profession) to light the tinderbox.

Once you have a nice little war going then you keep it going for as long as you see fit. There is danger to your plan if one side begins to win so you always support the weaker side, regardless of their merits.

Once your victim has reduced himself to begging for intervention you can magnimoniously offer aid. (With strings attached, of cause).

And you end up smelling of roses.

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