Daily Digest

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Daily Digest 11/19 - The World’s First Biocellar, How To Make A Water-Powered Flashlight

Tuesday, November 19, 2013, 11:38 AM

Economy

Harvard students stumped on Canada's capital (westcoastjan)

The bit is similar to Rick Mercer's Talking To Americans segments, although the question is genuine rather than a work of fiction designed to reveal stereotypical views of Canada held by our neighbours to the south.

Junk Glistens Under ‘Bernankecare’ as Worst Stocks Win (Thomas C.)

While in the minority, some investors say prices have climbed so high it’s possible to look ahead and see an ugly end. Laurence Fink, chief executive officer of BlackRock Inc., the biggest U.S. money manager, said in an interview with Bloomberg Television on Nov. 12 that he feared a bubble and the Fed ought to quit buying so many securities.

Fed Policy to Cost U.S. Another Decade, Rogers Says (Herman J.)

According to Jim Rogers, the recent Third Plenum meetings in China have just triggered some massive changes in China. Mr. Rogers believes the financial sector of China is going to grow rapidly due to the Chinese government’s desire to let the free market operate more openly. He also believes the yuan will become more convertible in the near future. In response, Jim claims to have purchased some Chinese financial share in the past week.

Insight - As U.S. default threatened, banks took extraordinary steps (Thomas C.)

It may not go to waste. The temporary budget agreement that President Barack Obama signed shortly after midnight on October 17 to end the shutdown and lift the default threat, authorizes government spending through January 15 and eases enforcement of the debt limit until February 7, creating the potential for another budget crisis early next year, even as some Republicans vow they will avoid it.

An Ex-Conman Builds the World’s First Biocellar (jdargis)

It’s more than just talk – he has already placed six men in good jobs this year, he says, through a nonprofit called Neighborhood Solutions Inc. he launched to help people coming home after being incarcerated. He has a track record, having employed local guys to help plant Chateau Hough, his three-quarter-acre vineyard, which harvested its first grapes this year and will soon begin bottling wine.

U.S. Safety Agency Opens Inquiry Into Tesla Fires (jdargis)

The first Model S incident occurred Oct. 1, when the car struck a metal object on a highway in Kent, Wash., outside of Seattle. After a delay of more than two weeks because of a partial government shutdown, the agency decided the fire was not the result of a defect in the car’s design and that an investigation was not necessary.

How To Make A Water-Powered Flashlight (outlive)

s It Really Powered By Water? Well not really, the water serves as an electrolyte, a replacement for toxic chemicals used in regular batteries, which usually ends up in dumpsites. So why call it water powered? If course no one would be interested in the title “Galvanic Flashlight” plus that’s what easily pops up in people’s minds.

Environmentalists Decry California’s Fracking Rules

Amid intense rivalry between the oil industry and the agricultural industry, regulators in the state of California have released long-awaited proposed rules on fracking, inviting acceptance from oil and gas companies and harsh criticism from environmentalists.

The draft rules require fracking to undergo strict monitoring and have earned criticism from both sides of the fence in California.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/18/13

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."

4 Comments

saxplayer00o1's picture
saxplayer00o1
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thc0655
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MarkM's picture
MarkM
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Today was a first

in my dental practice. We received a payment from BC/BS in the form a Mastercard payment. Rather than a check attached to the EOB, a little voucher with a printed credit card image was included. Just key the number into the credit card terminal.

We have been given the option of this kind of payment in the past and always declined. We didn't have an option this time and a little disclaimer was added that stated if we wanted payment in a timely manner (4 weeks on this claim), we would not decline this method of payment.

So now, Mastercard will get a nice cut of my payment for services rendered. The finance/insurance companies increase their skim.

theyenguy's picture
theyenguy
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Joined: Dec 5 2010
Posts: 2
Today's First Experience

 

 

 

The bond vigilantes in calling the Interest Rate on the US Ten Year Note, ^TNX, higher from 2.48% on October 23, 2013, constituted an “extinction event” that terminated the paradigm and age of liberalism, and commenced the paradigm and age of authoritarianism.  

Fiat money, consisting of credit and currencies, died on October 23, 2013, as Aggregate Credit, AGG, as well as Major World Currencies, DBV, such as the Euro, FXE, the Australian Dollar, FXA, the Swedish Krona, FXX, and Emerging market Currencies, CEW, such as the Brazilian Real, BZF, and the Indian Rupe, ICN, all traded lower in value. A new form of money, that being diktat money, is rising to govern economics.  

 

Liberalism featured the banker regime which provided fiat money, now the beast regime provides diktak money, that is money which has its seigniorage, that is its moneyness, in mandates of all kinds, such as in EU banking supervision, and in EU fiscal spending rules.

 

The seigniorage of the beast regime is just now coming on line with Obamacare, and the Eurozone’s Stability and Growth Pact providing EU nation fiscal oversight, as the European Commission posts The EU’s Economic Governance Explained.  The Guardian reports Italy And Spain Told To Redraft Spending Plans By Brussels To Meet Debt Rules.

 

Please understand that under authoritarianism, accepting money, carries a cost, as the Seignior, that is the banker, the one who mints the money, takes a cut.

 

 

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