Daily Digest

Image by Taras Kalapun, Flickr Creative Commons

Daily Digest 11/20 - The Economy's Ebb And Flow, Dust Storms On The High Plains

Thursday, November 20, 2014, 12:29 PM

Economy

Emission Statement (jdargis)

The company will reduce carbon by paying landowners to sequester it—a process of pulling carbon out of the air and burying it in the ground. Farmers and ranchers in the Prairie Pothole Region of North Dakota will be paid to keep their property free of row crops like corn and soy, which require a lot of carbon to produce, and require intensive tiling, which can release even more carbon. Instead, they’ll keep their land in “perpetual easement.” They’ll be allowed to grow low-energy crops like hay, but will be required to plant trees and other plants that help capture carbon.

The Geography Of Terrorism (jdargis)

Much of that period corresponded with massive international military efforts to root out terrorism. And as the U.S. winds up its war in Afghanistan—a country that saw a 13-percent increase in terrorism-related fatalities last year—and considers the extent to which it wants to intervene militarily to halt the spread of ISIS, it's worth asking: How does terrorism actually end? The question is one that the Rand Corporation addressed in a 2008 study that the Global Terrorism Index authors cite. That report examined 268 terrorist groups that halted their attacks between 1968 and 2006. In only 7 percent of those cases, the report found, military intervention brought about the end of a terrorist group.

The Economy's Ebb And Flow (Tyler K.)

After the fall bubble boom of 1983 to 2007, both businesses and consumers over-borrowed and over-invested. Even when central banks reduce short-term interest rates to zero and long-term rates near or below zero real returns, businesses aren’t lining up to borrow, nor are consumers (especially the older baby boomers who still dominate the economy).

Government deficits and increases in borrowing don’t compete with the private sector. The chart below shows how private debt has deleveraged or shrunk slightly since the crisis of 2008, while government debt levels have continued to soar.

Rich hoard cash as their wealth reaches record high (thc0655)

12,040 of these new ultra high net worth (UHNW) individuals were minted in the year ending June 2014, said the Wealth-X and UBS World Ultra Wealth Report released on Wednesday. This meant a 6 percent increase from last year which pushed the global population of these millionaires to a record 211,275.

With the annual gross domestic product of the U.S. closing in on the $17 trillion mark, according to the World Bank, this means that the ultra-rich now have almost twice the wealth of the world's largest economy.

Cops Mock Victims While Learning How to Legally Steal Their Property (Wendy SD)

Police departments around the country make a fortune by stealing private property from innocent people. This process, known as civil forfeiture, lets police confiscate your property without ever suspecting of or charging you with a crime, and they are laughing while doing it.

As more and more cases of civil forfeiture come to light, national outrage surrounding the practice has grown. But, thanks to video footage released by the Institute of Justice, the cops might finally have a valid excuse for their criminal ways – they can legitimately claim, “We were just doing what we were taught!”

Russia-China Deal Could Kill U.S. LNG Exports (Evan K.)

Russia and China have signed two large natural gas deals in the last six months as Russia turns its attention eastward in reaction to sanctions and souring relations with Europe, currently Russia's largest energy export market. But the move has implications beyond Europe. In the department of everything is connected, U.S. natural gas producers may be seeing their dream of substantial liquefied natural gas (LNG) exports suffer fatal injury because of Russian exports to the Chinese market, a market that was expected to be the largest and most profitable for LNG exporters.

Dust Storms Again in the High Plains (bobwise32952)

Wind takes nearly half the soil eroded from American farmlands. It does its worst in parts of the high plains, where agriculture is pushing its limits: eastern Colorado and nearby regions of Oklahoma and Texas, as well as North Dakota. East of the high plains, severe wind erosion affects the Red River valley of North Dakota-Minnesota. Unprotected soil blows away many times faster than it forms in these regions.

Keystone XL pipeline bill dies in Senate (jdargis)

If the bill had passed, Obama was widely expected to veto it, a power he has used only three times during his six years in office. Obama raised new questions about the project during a trip to Asia late last week, saying it would not lower gas prices for U.S. drivers but would allow Canada to "pump their oil, send it through our land, down to the Gulf, where it will be sold everywhere else."

Gold & Silver

Click to read the PM Daily Market Commentary: 11/19/14

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."

7 Comments

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2832
Montana Native's picture
Montana Native
Status: Silver Member (Offline)
Joined: Mar 17 2009
Posts: 166
Growth!

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2832
Some additional thoughts for the White Castle (err..."House")

Additional defensive measures could include:

Wildlife Tracker's picture
Wildlife Tracker
Status: Gold Member (Offline)
Joined: Jan 14 2012
Posts: 403
"Put them on the endangered species list!"

Time2help laser cannons are a pretty effective took for when SHTF. Instead of 1.2 billion rounds of bullets, how about a few diamond powered lasers... 

1:22 forward

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4149
Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Hollywood Blues

I see that Hollywood still caters to the lowest common denominator, Wildlife.

To control an overabundance of gratitude for the privilege of being human I sometimes stop at the movie theaters and observe the offerings on display posters.

HughK's picture
HughK
Status: Platinum Member (Offline)
Joined: Mar 6 2012
Posts: 761
Financial eyes on Switzerland ahead of gold vote

Financial eyes on Switzerland ahead of gold vote - From Swiss Info, an English-language news outlet.

 

This other article, with a misleading headline, has recent polling data for the Swiss gold initiative and two others.

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