Daily Digest

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Daily Digest 10/22 - Government Scientists Feel Muzzled, Huge GMO News

Tuesday, October 22, 2013, 11:05 AM

Economy

HSBC unit to pay $2.5 billion in fraud case (Thomas C.)

The lawsuit named Household International Inc., which is now HSBC Finance Corp., and former executives William Aldinger, David Schoenholz and Gary Gilmer. It claimed that the company fraudulently misled investors about its predatory lending practices, the quality of its loans and its financial accounting from March 23, 2001 through Oct. 11, 2002.

JP Morgan Is About To Pay A Gigantic Fine, And It Could Still Face Criminal Charges (Thomas C.)

Mr. Holder told Mr. Dimon that he could not shut down the criminal investigation, reiterating an argument he made when the two met last month in Washington. The associate attorney general, Tony West, was also at that meeting and on the phone call Friday night.

Government Scientists Feel Muzzled: 'The Big Chill' Survey (westcoastjan)

Legault was spurred to investigate the issue by a lengthy report from the Environmental Law Centre at the University of Victoria and the ethics advocacy group Democracy Watch, which included a score of anecdotes from six different government departments or agencies.

Global Slavery Index: 29.8M people locked in forced labour (westcoastjan)

Walk Free suggests common traits among countries with high proportions of slaves include low GDP per capita and low levels of human development. Canada ranks 144th in the list. In absolute numbers, India leads with an estimated 13.9 million people subject to slavery. China with 2.9 million slaves and Pakistan with 2.1 million round out the top three.

Between Two Ferns: an Interview with Robb Wolf (Kevin J.)


I guess I’d just say that every decision that is made, all planning that is considered needs to consider the following: Economics, Energy and the Environment. We can’t continue making decisions in a vacuum with no thought about down stream effects or repercussions.

In this bigger picture I know that all these issues of healthcare, food production etc are interrelated and we will not fix the problems unless you apply systems thinking.

Peter Schiff: The Collapse Of The Dollar Is Unavoidable (Taki T.)

Even Japan, with the highest debt to GDP ratio in the developed world, is in a better situation than the US. If a crisis in Japan hits before the collapse of the dollar, it might postpone the dollar crisis simply because money would flow into the dollar. For all the debt that Japan has, the country is not nearly in as bad a shape as the US. “They have been trying to keep the Yen weak in order to export to America, which is a foolish strategy,” according to Schiff. The Japanese have more than a trillion dollars of Treasuries. “They could sell part of their Treasuries to cover at least a part of their debts. It would hurt the US if they started selling.”

Eric Sprott Interview (pinecarr)

Mr. Sprott has over 40 years of experience in the investment industry and manages over $7 billion. He has been stunningly accurate in his writings for over a decade, and is one of the most respected industry professionals who accurately foresaw the current crisis. Eric chronicled the dangers of excessive leverage as well as the bubbles the Fed was creating, while correctly forecasting the tragic collapse. Sprott Asset Management is one of the top firms in the world. The firm has become well known not only for its performance, but also for creating a gold and now silver trust.

Harbin, China Hit By Super Smog, Schools Closed, Flights Cancelled (Nervous Nelly)

The density of fine particulate matter, PM2.5, used as an indicator of air quality was well above 600 micrograms per cubic meter — including several readings of exactly 1,000 — for several monitoring stations in Harbin, according to figures posted on the website of China's environmental protection agency. They were the first known readings of 1,000 since China began releasing figures on PM2.5 in January 2012, and it was not immediately clear if the devices used for monitoring could give readings higher than that.

Shell Claims Global Liquid Fuel Demand will Peak in 2035 (James B.)

Shell believes that as more and more people move to live in cities, the amount of energy used by cities will increase, and the demands made of the energy will change. Cities around the world currently use 66% of global energy, and over the next 30 years that volume will grow to 80 percent. As urban populations increase public transport will become more popular as it will be the easiest way to travel through inner city areas. Shell claims that it is likely that public transport will be electrically powered, and any cars that are still used on the roads will also be electric.

Keystone XL Pipeline Could Yield $100 Billion For Koch Brothers (westcoastjan)

The Keystone XL pipeline is awaiting a final decision from the State Department, which is unlikely to come before 2014. If built, the pipeline would carry about 800,000 barrels of oil per day from Alberta to Gulf Coast refineries. Environmentalists worry about about the climate and environmental impacts the pipeline could have, including dramatically higher greenhouse gas emissions and a heightened risk of oil spills.

Why B.C., Alberta are ending their pipeline standoff (westcoastjan)

But that was then, this is now. The two leaders have suddenly agreed to form a working group of senior bureaucrats to hammer out their differences and, as Clark and several of her ministers put it, to find a way to "get to yes."

Elsipogtog Protest: We're Only Seeing Half the Story (westcoastjan)

This is why it is absolutely critical that our conversations about reconciliation include the land. We simply cannot build a new relationship with Canada until we can talk openly about sharing the land in a way that ensures the continuation of Indigenous cultures and lifeways for the coming generations. The dispossession of Indigenous peoples from our homelands is the root cause of every problem we face whether it is missing or murdered Indigenous women, fracking, pipelines, deforestation, mining, environmental contamination or social issues as a result of imposed poverty.

Huge GMO News (westcoastjan)

All this label fighting and money laundering leads to some very significant questions. Why are Monsanto and the junk food industry willing to spend many tens of millions of dollars every year trying to keep you in the dark about your food? What doesn't big food want you to know? And what are they afraid might happen if you did?

Gold & Silver

Click to read the PM Daily Market Commentary: 10/21/13

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."

4 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4236
thc0655's picture
thc0655
Status: Diamond Member (Offline)
Joined: Apr 27 2010
Posts: 1708
Carjackings rise with economic distress

Carjackings rise with economic distress and overwhelmed police departments. Coming to a city/suburn near you?  Stay alert.

http://www.detroitnews.com/article/20131022/METRO/310220046/Detroit-poli...

kevinoman0221's picture
kevinoman0221
Status: Silver Member (Offline)
Joined: Sep 25 2008
Posts: 144
Robb Wolf interview

I've long thought of Robb Wolf as the "Chris Martenson" of the health and wellness arena. (I think he and Chris even have the same education areas: Biochemistry).  In his interview, he mentioned the Three Es. I think this is evidence he's a Peak Prosperity reader, and I find it fascinating to see different areas converging and different smart people coming to the same conclusions from different perspectives. 

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
On the Big Chill.

This is no news for the Cold Fusion community.

Faced with the fact that we need headers to harvest the vast bulk of our food energy, a sane species would be all over the phenomenon.

Just how do you anticipate fueling these machines?

The insanity of the ape/pig hybrid is acute and chronic. Completely, stark staring mad.

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