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Daily Digest 10/2 - Airline Ebola Screenings Are Spotty, Who Is Buying Illegal Oil From ISIS?

Thursday, October 2, 2014, 8:35 AM

Economy

Police Want to Get Rid of Their Pentagon-Issued Combat Gear. Here's Why They Can't. (LesPhelps)

Even before police militarization made the news, hundreds of police departments were finding that grenade launchers, military firearms, and armored vehicles aren't very useful to community policing. When Chelan County police officers requested one armored car in 2000—the request that landed them three tanks—they pictured a vehicle that could withstand bullets, not land mines. Law enforcement agencies across the country have quietly returned more than 6,000 unwanted or unusable items to the Pentagon in the last 10 years, according to Defense Department data provided to Mother Jones by a spokeswoman for Sen. Claire McCaskill (D-Mo.), who has spearheaded a Senate investigation of the Pentagon program that is arming local police. Thousands more unwanted items have been transferred to other police departments.

Man in U.S. With Ebola Had Been Screened to Fly, but System Is Spotty (jdargis)

But the system has its limits, relying on the traveler to reveal whether he or she has been exposed. And it leaves it to local officials to conduct the screening as they see fit, Dr. Cohen said. It is unclear how consistently or effectively those screenings are conducted across West Africa, and Dr. Cohen said she did not know how many potential travelers had been caught by screeners — if any.

“Our expectation is that people who are sick or people who are exposed should be getting the message they shouldn’t be traveling.”

Stay Calm and Carry On: Why it’s nearly impossible for Ebola to spread in the US (jdargis)

Another reason for all the worry is that the media (Quartz included) has tended to zero in on this outbreak’s rapid spread and its being the “deadliest in history.” While both are true, that says way more about the quality of medical care in war-torn, poverty-stricken pockets of West Africa than it does about Ebola’s virulence.

Bankruptcy Judge in California Challenges Sanctity of Pensions (jdargis)

It echoed a decision made last year by Detroit’s bankruptcy judge, but went even further. While Detroit’s pension system was a struggling local entity with few friends in the state capital, Calpers is a powerful arm of the state, with statutory powers that include liens allowing it to foreclose on the assets of a city that fails to pay its pension bills.

Exodus (jdargis)

‘I think there is a strong humanitarian argument for making life multi-planetary,’ he told me, ‘in order to safeguard the existence of humanity in the event that something catastrophic were to happen, in which case being poor or having a disease would be irrelevant, because humanity would be extinct. It would be like, “Good news, the problems of poverty and disease have been solved, but the bad news is there aren’t any humans left.”’

Who Is Buying The Islamic State’s Illegal Oil? (James S.)

In June 2014, computer files captured from a courier for the Islamic State shortly after the fall of Mosul revealed that the group had assets of $875 million, largely gained in the sacking and looting of Mosul and its central bank. The size of the group’s bank account has now risen to an estimated $2 billion dollars, thanks in part to revenues from ransom paid for kidnapped foreigners and more pillaging. However, oil remains the group’s primary source of income.

Report offers ideas for a Boston beset by rising seas (jdargis)

By 2100, climate scientists predict, sea levels around Boston will rise as much as 7.5 feet; in just a few decades water levels will be 2.5 feet higher than they are today. That could mean significant flooding not only during big storms but twice daily during high tides, as well as at times of normal rainfall.

The precise amount of sea- level rise is uncertain, but state and municipal leaders say they are taking the threat seriously, even if they are not yet at the stage of redesigning whole neighborhoods.

35,000 walrus come ashore in northwest Alaska (tallestmanonearth)

In this aerial photo taken on Sept. 23, 2014 and released by NOAA, some 1500 walrus are gather on the northwest coast of Alaska. Pacific walrus looking for places to rest in the absence of sea ice are coming to shore in record numbers, according to NOAA.

Gold & Silver

Click to read the PM Daily Market Commentary: 10/1/14

Provided daily by the Peak Prosperity Gold & Silver Group

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8 Comments

Bankers Slave's picture
Bankers Slave
Status: Platinum Member (Offline)
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Red Pill Comedy

saxplayer00o1's picture
saxplayer00o1
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Posts: 4148
nojones's picture
nojones
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Thank you for posting Aiden Killian bit

This was great, thanks.

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saxplayer00o1
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Venezuela’s Surreal Prices (15 photos)

Venezuela’s Surreal Prices (15 photos)

Tall's picture
Tall
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Posts: 564
The middle class is poorer today than it was in 1989

The economy has gotten bigger, but much of that growth hasn't reached the middle class. Indeed, the top 1 percent grabbed 95 percent of all the gains during the recovery's first three years. And that's not even the most depressing part. Even adjusted for household size, real median incomes haven't increased at all since 1999. That's right: the middle class hasn't gotten a raise in 15 years.

 

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/10/01/the-middle-class-is-poorer-today-than-it-was-in-1989/?hpid=z4

Tall's picture
Tall
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Posts: 564
Four questions for the man behind 'biological diversity'

What's a key climate change question in conservation biology?

This gets to what I call my terminal quixotic dream. If you go back and look at the history of the atmosphere and of life on Earth, there were two times when, for geological reasons, there were unbelievably high levels of CO2 in the atmosphere.

Biology has tremendous power to help us with this challenge. But we don't have tens of millions of years, which is what the process took the last time.

And both times, living processes brought that screamingly high level down. The first time was the arrival of plants on land—a lot of photosynthesis happening. And the second time was modern flowering plants doing it more efficiently.

So we know that biology has tremendous power to help us with this challenge. But we don't have tens of millions of years, which is what the process took the last time.

The little appreciated fact is that a significant portion of the excess CO2 in the atmosphere at the moment actually came from three centuries of destruction and degradation of ecosystems—not only from fossil fuel burning.

It is quite possible, through ecosystem restoration done at scale, and done carefully, to actually pull maybe 0.6 °C of impending climate change out of the otherwise inevitable future. It's pretty exciting, and it involves recognizing that the planet works as a biophysical system, not just as a physical system.

Talk about an ecosystem service!

http://www.dailyclimate.org/tdc-newsroom/doorstep/tom-lovejoy-diversity

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saxplayer00o1
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Draghi Opens Door to Buying $18 Billion of Portuguese, Greek ABS

Draghi Opens Door to Buying $18 Billion of Portuguese, Greek ABS

KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
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Posts: 1447
saxplayer00o1 wrote: Draghi

Why not just "loan" it?  There will be no difference in the end.  Looks like Europe is going to take over for the FED to goose the markets.

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