Daily Digest

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Daily Digest 5/9 - Why Americans Leave The Suburbs, Industrial Agriculture Is Too Big To Succeed

Friday, May 9, 2014, 9:32 AM

Economy

The solutions to all our problems may be buried in PDFs that nobody reads (jdargis)

The World Bank recently decided to ask an important question: Is anyone actually reading these things? They dug into their Web site traffic data and came to the following conclusions: Nearly one-third of their PDF reports had never been downloaded, not even once. Another 40 percent of their reports had been downloaded fewer than 100 times. Only 13 percent had seen more than 250 downloads in their lifetimes. Since most World Bank reports have a stated objective of informing public debate or government policy, this seems like a pretty lousy track record.

Why Americans are fleeing the suburbs (jturbo68)

Single-family homebuilding is at its lowest rate in decades, as only 600,000 single-family homes were built in 2013, down from 1.7 million in 2005. The purchasing of single-family homes is also down 13.3% year-over-year. High-rise apartment buildings now make up 40% of all new construction and metro areas are growing more quickly than the U.S. as a whole. According to The Nielsen Group 62% of millennials would prefer to live in urban centers.

Fire Them All (Michael W.)

Even our biggest policy problems are just symptoms. The root cause is a broken campaign financing system that can only produce mangled results. It turns politicians into full time fundraisers and citizens into users.

To re-align the interests of citizens and its representatives, we must separate business and state in the same way our Founding Fathers did with church and state. That means we must fire them all.

Portland has 10 times more people cycling to work than the average US city (jdargis)

People with a graduate or professional degree or those with less than a high school degree—0.9% and 0.7% of them, respectively—were most likely to pedal to where they collected their paychecks. The report called Modes Less Traveled also looked at walking to work, which was most prevalent in Boston. Workers with incomes of $200,000 or more walked to work at higher rates than those in three income categories below them, the Census researcher wrote, reflecting the pedestrian-friendly cities of New York, San Francisco and Washington, DC.

Are Gold & Silver Worthless When SHTF? (pinecarr)

Gold coins where used as payment for German warlords by the Roman empire. Smaller pieces of silver, some cut from larger silver objects such as table wear, those where used as payment for soldiers. Keep in mind that the denarius, a small silver coin about the size of a nickel, was the standard minimum wage, which a common soldier would earn per day of work.

Report: Pentagon Paid $150 Per Gallon for Green Jet Fuel (DennisC)

“Five of these stakeholders noted that for fuel produced using the HEFA production process, the cost of some types of feedstock—even before it is transported or converted—currently exceeds that of conventional fuel,” the report says.

Can Rail Rebound From Rough Winter With New Oil Rules? (James S.)

Railroad companies fared well last year as the U.S. economy expanded, though how quickly they're able to adapt to transportation rules for oil delivery may determine how well they steam ahead. Rail operator Genesee & Wyoming reported an 80 percent increase in operating revenue last year on increased traffic. When issuing its first quarter 2014 report May 1, the company said its bottom line was severely impacted by the harsh winter that gripped most of the United States this year.

Industrial Agriculture: Too Big to Succeed (HughK)

An estimated one billion small farmers scratching out a living growing diverse crops and raising animals in developing countries represent the key to maintaining food production in the face of hotter temperatures and drought, especially in the tropical regions, says Sarah Elton, author of the book, “Consumed: Food for a Finite Planet.”

The Canadian journalist travelled to southern France, China, India and the province of Quebec in her own country to observe how small farmers apply their practical knowledge of agriculture – defined as either organic, agroecological or sustainable.

Gold & Silver

Click to read the PM Daily Market Commentary: 5/8/14

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

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Naive Honesty of Zimbabwe.

Zimbabwe (My old country) checks Bank Balance, finds $217.

It does me proud to think that they are much better off than their critics.

Edit: I see that the Chinese are lending them $1.5 Billion against heir gold. I am sure the Chinese know what they are doing.

Although it has been pointed out that if Zimbabwe has gold, why are they borrowing money? Just habit I guess. They have every intention of dying before paying any of it back.

Edit II: So China buys Zimbabwe for $1.5 B of American paper. The absurdities just keep piling up. So tell me, why did my friends and my brother have to die?

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4238
saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4238

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