Daily Digest

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Daily Digest 9/1 - Mind The (Wage) Gap, Who Are The Long Term Unemployed?

Sunday, September 1, 2013, 1:41 PM

Economy

The Neuroscience Of War (jdargis)

President Obama called on the U.S. Congress today to authorize a strike against the Assad regime. While as a nation we wait for that, let's talk about hideousness—what John Kerry yesterday called "moral obscenity." The United Nations estimates that more than 100,000 people have died in the Syrian civil war. Chemical attacks have been estimated to involve something on the order of 355 to 1400 of those deaths. As Dominic Tierney wrote for The Atlantic in December 2012, "Blowing your people up with high explosives is allowable, as is shooting them, or torturing them. But woe betide the Syrian regime if it even thinks about using chemical weapons! A woman and her child under fire in Aleppo might miss this distinction."

Tripping On His Own Red Line? (jdargis)

Now the crossing of the red line has forced Mr. Obama’s hand. He says he is intervening to stop the use of a specific weapon whose use in World War I shocked the world. But he is not intervening to stop the mass killing, or to remove the man behind those attacks. “This is not like the Bush decision in 2003,” Benjamin J. Rhodes, a deputy national security adviser, said on Thursday. “That intervention was aimed at regime change. This is designed to restore an international norm” against the use of poison gases.

Canada seeks plan from postal service to stem big losses (westcoastjan)

Canada Post says it is looking at a number of ways to save money, such as cutting back on deliveries, raising prices and relaxing delivery standards. Last year it signed a deal with the Canadian Union of Postal Workers to reduce labor costs by lowering wages for new hires and freezing wages for a year.

Larry Summers and the Secret "End-Game" Memo (Arthur Robey)

The Treasury official playing the bankers' secret End Game was Larry Summers. Today, Summers is Barack Obama's leading choice for Chairman of the US Federal Reserve, the world's central bank. If the confidential memo is authentic, then Summers shouldn't be serving on the Fed, he should be serving hard time in some dungeon reserved for the criminally insane of the finance world.

Mind The Gap (ian.k)

Why is the gap between the rich and the poor growing faster in New Zealand than most developed countries?

Forget Al Capone — Today’s Racketeers are on Wall Street (westcoastjan)

We soon learned that America’s biggest banks had been nurturing systematic fraud for years, bankrolling mortgage operations that thrived on phony appraisals and “liar’s loans,” then slicing and dicing the resulting junk mortgages into exotic securities they marketed, for exorbitant fees, to unwary investors.

Who Are The Long Term Unemployed? (jdargis)

Let's go to the charts. Now, as you can see from the 2012 numbers below, the long-term unemployed are actually more educated than either the newly unemployed, who have been looking for work for 5 weeks or fewer, or discouraged workers, who have given up looking but still want work. Of course, some of the newly unemployed will eventually end as long-term unemployed themselves -- but not all, or most, of them. We would still expect some difference here if too little education is why companies shun the long-term unemployed. And there isn't one.

Gold & Silver

PM End Of Week 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

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4060
Falling Indian rupee, rising oil prices could create Rs1.8 trill

Falling Indian rupee, rising oil prices could create Rs1.8 trillion loss: Minister

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

Good find, Ian K.

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Please meet a hero of mine, Dr Paul Stamets.

 

Nervous Nelly's picture
Nervous Nelly
Status: Silver Member (Offline)
Joined: Nov 23 2011
Posts: 209
Paul Stamets

Arthur, he's my hero too.

I have most of his books the best is"Mycelium Running".  Any body interested in permaculture should read this gem. The fungi world is the key to healthy soil and world. How some mushrooms are capable to recycle contaminated soils (oil, petroleum , BPC) faster and bring back plant life in that pile. Ex: a mushroom is selected for it's capability to "tranform" (digest) a perticular biohazard. They inoculate the contaminated soil with the mushroom spores and the let nature take it's course. The mushroom fruit, bugs are attracted and eat the shrooms , then birds eat the bugs and deficate in the dirt with seeds. 

Also medicinal mushrooms which I also collect and use.

NN

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