Daily Digest

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Daily Digest 3/24 - Flood Zone Foolishness, Which Corporations Control The World?

Monday, March 24, 2014, 11:12 AM

Economy

After Reports on N.S.A., China Urges Halt to Cyberspying (jdargis)

Huawei, founded by a former People’s Liberation Army engineer, has been largely frozen out of North America despite the company’s insistence that it is independent of the Chinese government. The documents did not reveal whether the American spy agency had found evidence that Huawei was less independent than it claims.

Biggest Baddest Bubble Blown Bursts (Arthur Robey)

The Fed has finally begun tapering in earnest, fearfully curtailing QE because they know that the extreme asset valuations it engenders are dangerous weapons of mass misallocated monetary destruction. The teetering global economy is now facing the unintended consequences of economic disequilibrium that the Fed has unwittingly unleashed on the world, which is now disintegrating before us.

Which Corporations Control The World? (Bill)

A surprisingly small number of corporations control massive global market shares. How many of the brands below do you use?

Koch Industries Ordered to Spend $44M in Refinery Upgrades (James S.)

According to the Justice Department, the plant, owned by Flint Hills, has violated EPA regulations to limit emissions from leaking equipment and improperly operated flaring equipment, released excess amounts of benzene and other harmful substances.

Wind farms can provide society a surplus of reliable clean energy, study finds (Arthur Robey)

Now a team of Stanford researchers has looked at the "energetic cost" of manufacturing batteries and other storage technologies for the electrical grid. At issue is whether renewable energy supplies, such as wind power and solar photovoltaics, produce enough energy to fuel both their own growth and the growth of the necessary energy storage industry.

Relax, Folks. It Really Is Honey After All (Wendy SD)

Food that doesn't deserve its name, processed beyond recognition, probably adulterated, maybe unsafe, of unknown origin. It sounded so right, plenty of people decided that it just had to be true. Bloggers and online publications ran with the story. Here at NPR, we found this post interesting, too. But then we decided to look into it a little more closely. We talked to honey companies, academic experts, and one of the world's top honey laboratories in Germany. The closer we looked, the more misleading the story in Food Safety News seemed.

Why Don’t Young Farmers Get Insured? (jdargis)

Emily Oakley, the Interim Director of the National Young Farmers Coalition (NYFC), said she wished that Jeff and Kasey’s situation was an exception, but that many farmers new to the business often go without health insurance despite the risks of the occupation. About three in four farmers are self-employed, so they don’t have access to employee-sponsored health insurance. Tight profit margins tempt many into hoping that they can skip on coverage all together.

Flood Zone Foolishness (jdargis)

After devastating floods in the 1920s, the private insurance industry refused to write flood policies. Rapid postwar development in suburban floodplains and coastal zones placed homeowners at heightened risk, a reality driven home by disasters such as Hurricane Betsy in 1965, the nation’s first billion-dollar hurricane. NFIP presented a solution: In exchange for government-subsidized insurance, communities would undertake and maintain serious commitments to restricting development in low-lying areas. Government scientists would provide the detailed floodplain maps necessary to judge where to build or not.

Gold & Silver

Click to read the PM Daily Market Commentary: 3/12/14

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."

3 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
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HughK's picture
HughK
Status: Platinum Member (Offline)
Joined: Mar 6 2012
Posts: 760
Good news:Fighting malaria with a 2000x $1 disposable microscope

This microscope costs less than $1 per unit and can magnify up to 2000x.  It can be used to diagnose malaria and the creators claim that it is as powerful as many research microscopes.

It's called the foldscope!

The Stanford researchers asked themselves "what is that one thing that we could almost distribute for free and starts to match what the specificity of [malaria] detection requires?"

"These little microscopes are made out of paper, tape and glue." (and a microchip and a battery...)

Thanks, Nervous Nelly, for the embedding help!

 

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066

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