Daily Digest

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Daily Digest 11/7 - The Four Horsemen, The World's 10 Most Polluted Places

Thursday, November 7, 2013, 11:27 AM

Economy

Lying About Lies: Why Credibility Matters to Obama (Thomas C.)

What Obama told supporters Monday is what he should have told the public all along. "So we wrote into the Affordable Care Act, you're grandfathered in on that plan. But if the insurance company changes it, then what we're saying is they've got to change it to a higher standard. They've got to make it better, they've got to improve the quality of the plan they are selling," Obama said at an Organizing for Action event. "That's part of the promise that we made too. That's why we went out of our way to make sure that the law allowed for grandfathering."

Rich families hoarding cash: Citi (Thomas C.)

"Using these weightings, our own return expectation for the portfolio … comes to just 4.4 percent. This matches what we at Citi Private Bank observe generally among high end investors: very high cash holdings, with a current asset allocation unlikely to achieve return targets," Steven Wieting, the bank's global chief investment strategist, wrote in a recent client note.

From The Mouths Of Babes (pinecarr)

On my journey to save the earth from environmental destruction, I figured out pretty quickly that the main problem is the economy. Pretty much every time there’s an idea that would make things less destructive and more sustainable, the argument against it is always: “It will be bad for economic growth.”

Four Horsemen – A Money and Banking Documentary (Chris F.)

FOUR HORSEMEN is free from mainstream media propaganda — the film doesn’t bash bankers, criticise politicians or get involved in conspiracy theories. It ignites the debate about how to usher a new economic paradigm into the world which would dramatically improve the quality of life for billions.

Gold, S&P, or the Dollar, Mr. Bernanke? (GE Christenson)

The U.S. government wants to spend money, lots of money, and avoid the consequences. Congress lives to buy votes, increase their power, and collect “contributions.” Lobbyists want a piece of the action for themselves. Corporations want to “influence” legislation to increase their profits. Business as usual. Spend. Spend. Spend!

Financial Repression Starts Showing Its Ugly Head (Taki T.)

Although a range of interventions with exotic names have been invented by the creative directors of Western central banks, our belief is that the full effects of those measures have only started to manifest themselves in 2013. With the end of the year in sight, this year will go into history marked by a historic crash in precious metals, an epic surge in interest rates, US equities all time highs and European and Japanese stock markets surging the wall of worry. Courtesy of the central banking liquidity injections, interest rate manipulations, and, most likely, repeated efforts by the Protection Plunge Team (PPT).

Stockman: Brace for the mother of all bubbles (Herman J.)

“We’re at the fourth bubble inflated by the Fed in this century…Now, I think, we have the greatest, mother of all bubbles. There’s no one in the stock market today except drugged up day-traders and robots…This is utterly irrational.”

Hans Rosling: How much do you know about the world? (westcoastjan)

When pollsters got 1,000 British people to take Rosling's "ignorance survey" in May this year, the results suggested they knew "less about the world than chimpanzees", he says.

This ground breaking invention just may be about to revolutionise commuter cycling forever (Amanda)

It may not be the prettiest thing in the world, but this ground breaking invention may be about to revolutionise commuter cycling forever. Essentially, it’s an electronic rear wheel with speeds of up to 20 miles per hour that can last for up to 30 miles on a single charge. It fits into almost any bike, meaning to have an electric bike you don’t have to splash out on one; you can simply buy this new wheel and slot it into your existing mount.

Create a USB Dead Drop in Nature (outlive)

Up until now, this has been mostly restricted to urban locations. In this article, I am going to attempt to expand this project beyond city limits by showing everyone how to embed USB drives in natural fixtures such as trees and rocks.

Oklahoma Scientist to Test if Fracking Causes Earthquakes (pinecarr)

Oklahoma is a leading U.S. energy producer with an economy increasingly concentrated on the oil and gas industry. Economist and Dean of the University of Central Oklahoma’s College of Business Administration, Dr. Mickey Hepner, notes that roughly 25 percent of all employment in Oklahoma is either directly or indirectly connected to the energy industry.

The World's 10 Most Polluted Places (westcoastjan)

"Everybody wants a laptop, wants the modern devices," noted Jack Caravanos, Blacksmith's director of research, at a November 4 press conference unveiling the list. "Stopping e-waste is proving very complicated and difficult," particularly because the newest gadgets, such as tablet computers, are even more difficult to recycle than old desktop computers.

The World's Insatiable Hunger For Phosphorus (westcoastjan)

As Andrea explains, phosphorus is essential for life. The element - which is so reactive that it spontaneously combusts in its pure form - is used by plant and animal cells to store energy.

It also forms the backbone of DNA, and it is an essential ingredient of our bones and teeth.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/6/13

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."

9 Comments

saxplayer00o1's picture
saxplayer00o1
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rjs's picture
rjs
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Posts: 445
Oklahoma fracking quakes

here are all of dutch's posts regarding fracking induced earthquakes :

http://sincedutch.wordpress.com/?s=frack&submit=Search

includes google earth maps and pictures; the best documentation i've seen

Time2help's picture
Time2help
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Posts: 2832
Painful to read

Stocks slip; US growth raises fear of Fed pullback

http://finance.yahoo.com/news/stocks-slip-us-growth-raises-165851045.html

Up is down, right is wrong, bad is good.

Tall's picture
Tall
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thc0655's picture
thc0655
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No doggie doors at your house!

Please, don't have a pet door at your house.  It's just too easy to burglarize your home that way.

http://denver.cbslocal.com/2013/11/06/thieves-in-douglas-county-target-h...

Thetallestmanonearth's picture
Thetallestmanonearth
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Posts: 323
Pandoras Promise

I'm watching a CNN "special" (read:propaganda) right now on anti-nuclear activist who have "seen the light" and changed sides.  It argues that nuclear power is the only way we can hope to prevent runaway climate change.  I'm curious how other users here at PP feel about this.  As is clear by my tone my bias is against nuclear in all forms until we at least figure out how to deal with the waste we've already created. This is especially critical in light of other energy shortages we face in the future which will prevent us from maintaining these ticking time bombs.  Does anyone disagree?  If so I'm curious to learn why and if there is research I'm unaware of. So far I'm not convinced by what CNN is putting forward tonight.

lunableu22's picture
lunableu22
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Coincidentally, I just

Coincidentally, I just finished reading an article that tangentially addresses one of the concerns about nuclear plants.  Here's the link:  http://www.caseyresearch.com/cdd/the-man-no-one-listens-to

I wonder sometimes who it is that the warmongers at the top think is going to be able to thrive on a planet that has been so wickedly and relentlessly exploited.  One of the horrifying things in this regard is that North America is one of the few places that has not been made deathly by the use of buried land mines.  And these are avoidable (at least theoretically).  There is no avoidance of radiation.

I'm not a fan of nuclear, just on the basis of risk analysis.  If all goes well, we have lots of power.  If all goes wrong, we have lots of death, for a virtually infinite amount of time.

Arthur Robey's picture
Arthur Robey
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Bailout Blues.

 

World Observer.

Thetallestmanonearth's picture
Thetallestmanonearth
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Posts: 323
From my understanding the

From my understanding the half life of radioactive waste ranges from a human lifetime to approximately geological time.  How can anyone alive today take responsibility for the safe management of that waste for a period of time longer than all of human recorded history?  Even under the most optimistic scenarios for future society I don't think it can be done.  The very continents won't even be in the same place anymore when some of those particles finally become benign. Perhaps given enough time we could invent a way to neutralize the waste, but who here really believes we would dedicate resources to that issue before it became an economic problem?  By then it will already be too late.  The free market is free only of the burden of externalities.

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