Daily Digest

Image by laffy4k, Flickr Creative Commons

Daily Digest 9/24 - Why College Costs More Than You Think, Student Homelessness At Record High

Wednesday, September 24, 2014, 10:17 AM

Economy

The Reason College Costs More Than You Think

The average added cost of just one extra year at a four-year public university is $63,718 in tuition, fees, books, and living expenses, plus lost wages each of those many students could have been earning had they finished on time, according to the advocacy group Complete College America.

Push joblessness down, N.Y. Fed President William Dudley says

“We really need the economy to run a little hot for at least some period of time” to push inflation back up to the 2 percent objective.

Dudley’s comments highlight an unusual feature of the Fed’s most recent economic forecasts: Several policymakers figure the jobless rate will have to dip below their estimate of full employment to push prices back toward the goal Fed officials missed for more than two years.

Danish Central Bank Cuts 2014 Economic Growth Forecast to 0.8%

Gross domestic product will grow 0.8 percent in 2014 and 1.7 percent next year, Copenhagen-based Danmarks Nationalbank said in a statement today. That compares with a June forecast of 1.5 percent growth this year and 1.8 percent in 2015.

French economy flat-lines as business activity falters

French business activity slowed again in September amid weakness in the key service sector, two surveys showed on Tuesday, as the euro zone's second-biggest economy posted zero growth for the second quarter in a row.

Eurozone Economy Struggles for Growth Momentum

Earlier this year, optimism about the eurozone was boosted by strong showings in indicators such as Markit's purchasing managers indexes and the European Commission's economic sentiment survey. But growth failed to match up to that, slowing from 0.2% in the first quarter to zero in the second quarter.

Brazil cuts 2014 GDP growth forecast, keeps fiscal goal

Brazil cut its economic growth forecast to 0.9 percent in 2014 but maintained its key annual fiscal goal for the year, according to a government report published on Monday.

Student homelessness hits another record high

Approximately 1.3 million students enrolled in U.S. public preschools, elementary schools, middle schools and high schools schools were homeless during the 2012-13 school year.

That's up 8% from the prior year, and the highest number on record, according to the National Center for Homeless Education, funded by the Department of Education.


German conservatives cast doubt on French reform pledges

Earlier this month, French Finance Minister Michel Sapin said the eurozone's second-largest economy would not fulfill this important condition of the EU's stability pact until 2017. In 2015, France's deficit is predicted to reach 4.3%.
Impatience is growing over France's failure to meet its deficit reduction commitments and several EU member states are now pressing the Commission to launch a procedure against France, that could result in a €3 billion fine against Paris.

Renzi's revolution running late as Italians seek action

The country's debt, the second-highest in the 18-nation euro area at the end of 2013, has climbed to 2.2 trillion euros, with the International Monetary Fund predicting it will peak at 136 percent of gross domestic product this year.

By the numbers: 1.4 million cases of Ebola forecast by January

The Ebola outbreak could skyrocket to between 550,000 cases and 1.4 million cases by 2015 if there is no large-scale intervention, according to data from the Centers for Disease Control and Prevention on Tuesday. An outbreak in the U.S. is unlikely, but CDC warns the epidemic in West Africa could drag on for years if a response isn’t immediate.

Gold & Silver

Click to read the PM Daily Market Commentary: 9/23/14

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."

9 Comments

KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
Joined: Jan 2 2010
Posts: 1447
Re: German conservatives cast doubt on French reform pledges

France and USSA are similar in one regard: no reforms will be made because politics and elections rule the day so reforms are always over the election hill.

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2832
9/11 Firefighter Blows WTC 7 Cover-Up Wide Open

9/11 Firefighter Blows WTC 7 Cover-Up Wide Open 

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4147
HughK's picture
HughK
Status: Platinum Member (Offline)
Joined: Mar 6 2012
Posts: 761
Why our brains are wired to ignore climate change and what to do

No matter what one thinks about climate change, this Guardian article by George Marshall has some nice points about how our minds process - or don't process - global warming.  

There's a quote from Daniel Kahneman in paragraph 6, but as knowledgeable as Kahneman is, he may not appreciate the benefits of tilting at windmills, even as we simultaneously batten down the hatches.

Why our brains are wired to ignore climate change and what to do about it

Oliveoilguy's picture
Oliveoilguy
Status: Platinum Member (Offline)
Joined: Jun 29 2012
Posts: 578
Great Interview

Very convincing interview. How can I question this man's sincerity?  I have to keep an open mind. 

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2832
Ebola Outbreak Won't Happen Here

Ebola outbreak won't happen here: World Bank President

“The doubling rate is every three weeks,” says Dr. Jim Yong Kim, an infectious disease specialist who now heads the World Bank. He told Yahoo Finance in an exclusive interview that a continued slow response to Ebola could be catastrophic. “We just cannot let that happen.”

thc0655's picture
thc0655
Status: Diamond Member (Offline)
Joined: Apr 27 2010
Posts: 1614
Oh no: An official denial!

"Ebola outbreak won't happen here."

Oh no: an official denial!!   You can never know if something is true until it's been officially denied. So I guess Dr. Kim's confident, official denial seals our fate: ebola is coming to America (or is already here).

And I'm sure our super advanced medical system and our wise overseers will snuff it out if and when it appears. Ya, right.

OK, so the following fault in our advanced medical system will be easily fixed, along with any others we discover as we stumble along:

(Reuters) - U.S. hospitals may be unprepared to safely dispose of the infectious waste generated by any Ebola virus disease patient to arrive unannounced in the country, potentially putting the wider community at risk, biosafety experts said.

Waste management companies are refusing to haul away the soiled sheets and virus-spattered protective gear associated with treating the disease, citing federal guidelines that require Ebola-related waste to be handled in special packaging by people with hazardous materials training, infectious disease and biosafety experts told Reuters.

Many U.S. hospitals are unaware of the regulatory snafu, which experts say could threaten their ability to treat any person who develops Ebola in the U.S. after coming from an infected region. It can take as long as 21 days to develop Ebola symptoms after exposure.

http://www.reuters.com/article/2014/09/24/us-health-ebola-usa-hospitals-insight-idUSKCN0HJ0AD20140924

 

Bankers Slave's picture
Bankers Slave
Status: Platinum Member (Offline)
Joined: Jul 26 2012
Posts: 523
Are there

really less than 10 people that have thumbed this video upwards! I am still in complete astonishment at the lack of will in folk, to pursue this issue to its logical conclusion. Or is it just me?

jonesb.mta's picture
jonesb.mta
Status: Silver Member (Offline)
Joined: Jun 11 2008
Posts: 126
WTC Building 7

I wish I could give you 800 thumbs up for that one. It's inconceivable to me that the majority of this country believes that 9/11 wasn't a false flag operation. It is possible that the two buildings collapsed in on their footprint, but there is some doubt. A friend who is schooled in explosives (Army Rangers, Green Beret, etc.) and such told me within minutes of the airplanes crashing into the buildings, that the buildings would collapse from the aircraft fuel fed fire. He didn't say that they would pancake into their own footprint. When he saw the video of Building 7 he called me to tell me that for the first time, he thought Building 7 at least, was a controlled demolition and that the whole operation was a false flag.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments