Daily Digest

Image by ninahale, Flickr Creative Commons

Daily Digest 5/4 - Many Faces Of Ukraine Rebellion, Robots Will Take Our Jobs

Sunday, May 4, 2014, 12:48 PM

Economy

The Tale Of Two Schools (jdargis)

JOHNNY “I’m very aware of the financial realities in my community, and that most or all are low-class citizens like myself. We struggle every day and watch our parents struggle to feed us and pay for necessary things. But I’m a dreamer and an innovative person, and I think that achievement is more meaningful than actual income.”

ADAM “As a kid, you’re unaware that there are people who don’t have what you have. Then you realize, Oh, my God, there are people who don’t have anything like what I have. And you realize you’ve been given an unfair advantage. It’s my responsibility to use that advantage for social justice and to make the world a better place.”

U.S. Media Covers Up Mass Murder in Odessa (Wendy SD)

The pictures from the scene were ghastly (warning: graphic), as desperate protesters tried to claw their way out of the building as they were burned alive. Also ghastly were the photos of the young girls happily making the Molotov cocktails that were thrown into the building. More ghastly still, was the US media coverage of the savage event... LA Times spins it like burning more than 30 protesters alive was a purely defensive measure. But if they were all snipers, why did they not shoot their way out?

Behind the Masks in Ukraine, Many Faces of Rebellion (jdargis)

Yuri commands the 12th Company, part of the self-proclaimed People’s Militia of the Donetsk People’s Republic, a previously unknown and often masked rebel force that since early April has seized government buildings in eastern Ukraine and, until Saturday, held prisoner a team of European military observers it accused of being NATO spies.

His is one of the faces behind the shadowy paramilitary takeover. But even with his mask off, much about his aims, motivations and connections remains murky, illustrating why this expanding conflict is still so complex.

Robots Will Take Our Jobs (jdargis)

Three possible scenarios could happen with this current wave of technology. One is that it is going to hit the economy, and it might take a while to work itself out, but in the end we will reach a happy equilibrium. The Industrial Revolution was great news, eventually, for British workers. Electrification of factories eventually led to a large, stable, and prosperous American middle class. That pattern should give us confidence that we will wind up in another happy equilibrium.

Devices That Know How We Really Feel (jdargis)

While this sort of technology is still in its early days, the possibilities seem many. One day, your PC might sense your frustration when a program keeps crashing and politely suggest that you take a walk while it contacts tech support. Or your smartphone could sense that passions — of one sort or another — are running high and, in response, disable messaging. Or your car might discern an early case of road rage and soften the car’s lighting and stiffen its steering.

Workin’ 9 to 5 (What a Way to Make a Living) (jdargis)

The freelance hustle is different. Time is slippery, liquid, liable to glide through your fingers if you’re not careful. When you’re in control of your entire day and how you manage your time, it’s another story. In some ways, it’s better. To be able to wake up on a Tuesday at 9 a.m. and know that you can take as much— or as little—time as you need to complete a task creates a certain kind of discipline that the traditional workweek lacks. The job gets done when it gets done, and somehow, the long hours feel less troublesome when you’re able to take the down time when you need it.

The other downside of antibiotics: Killing the useful bacteria (jdargis)

Data from mouse studies done in Blaser's lab suggest that short, intensive doses of antibiotics—like the kind children routinely get—can in fact cause weight gain. Let’s say you are the kind of highly educated parent who knows that colds are caused by viruses and therefore won't be helped by antibiotics, someone who will refuse the amoxycillin your pediatrician tries to prescribe to make you feel like you are doing something for your kid and to get you out of his office quicker. It’s still very difficult to limit your child's exposure to antibiotics because they are still in the meat the kids eat and the milk they drink. Antibiotics are even used on organic apples and pears to combat fire blight, a bacterial disease of fruit trees.

U.S. corn yields are growing, but so is sensitivity to drought (jdargis)

Stanford’s David Lobell and a group of collaborators set out to examine recent harvests for evidence of changing drought sensitivity. They took advantage of a detailed US Department of Agriculture database that started tracking yields by field (rather than state or national totals) in 1995, and focused on Iowa, Illinois, and Indiana. They found that the amount of moisture available to plants in July was the best predictor of each year’s harvest. They broke down yields at each location according to that July moisture and averaged them together to get yield trends at various levels of wetness or drought.

Gold & Silver

Click to read the PM Daily Market Commentary: 5/2/14

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."

Login or Register to post comments