Daily Digest

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Daily Digest 1/4 - The Harper Knowledge Massacre, Solar Power Craze on Wall Street

Saturday, January 4, 2014, 1:00 PM

Economy

How the Harper Government Committed a Knowledge Massacre (westcoastjan)

"It must be about ideology. Nothing else fits," said Hutchings. "What that ideology is, is not clear. Does it reflect that part of the Harper government that doesn't think government should be involved in the very things that affect our lives? Or is it that the role of government is not to collect books or fund science?" Hutchings said the closures fit into a larger pattern of "fear and insecurity" within the Harper government, "about how to deal with science and knowledge."

Ghost towns left behind as Bulgarians flee to seek work (westcoastjan)

But these days, thanks to the terminal decline in the rural economy of Bulgaria, the village has been all but abandoned, with everyone under the age of 70 packing up and moving overseas to seek work. From Jan. 1, those Bulgarians and millions of others across what is one of Europe’s poorest countries will gain the right to live and work in Britain, something people in the countryside around Dolna Melna believe could be the final nail in the coffin for rural life.

Solar Power Craze on Wall St. Propels Start-Up (jdargis)

Depending on whom you talk to, the rise of SolarCity and similar companies is either a sure sign that solar power is finally having its day or that yet another mania has gripped the markets. Two other companies, SunPower and SunEdison, have also exploded in value. In all, an estimated $13 billion was invested in solar projects in 2013, a tenfold increase since 2007, according to GTM Research, which tracks the industry.

Storm Shows Off a Less Stoic Mayor Now in Charge (jdargis)

“It would have been nice to talk about how to handle a snowstorm in an abstract exercise, but we didn’t get to do that,” he said to the sanitation commissioner, John Doherty, a temporary holdover from the Bloomberg administration. “We got the real thing.”

Winter Does Not Disprove Global Warming (jdargis)

An intense blizzard, appropriately named Hercules, has blanketed the Northeast. Antarctic ice locked in a Russian ship containing a team of scientists—en route, no less, to do climate research. Record low temperatures have been seen in parts of the United States, and in Winnipeg, Manitoba, temperatures on Dec. 31, 2013 were as cold as temperatures on ... Mars.

Gold & Silver

Click to read the PM Daily Market Commentary: 1/4/13

Provided daily by the Peak Prosperity Gold & Silver Group

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