Daily Digest

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Daily Digest 4/28 - Money Worries, The Dying Sea

Tuesday, April 28, 2015, 10:25 AM

Economy

Baltimore Enlists National Guard and a Curfew to Fight Riots and Looting (jdargis)

City officials said schools would be closed on Tuesday for the safety of children. At City Hall, Ms. Rawlings-Blake, sounding exhausted and exasperated after days of appealing for calm, announced that a 10 p.m. to 5 a.m. curfew would be imposed for a week beginning on Tuesday. The city already has a curfew for juveniles under age 17.

Nonviolence as Compliance (jdargis)

The money paid out by the city to cover for the brutal acts of its police department would be enough to build "a state-of-the-art rec center or renovations at more than 30 playgrounds." Instead, the money was used to cover for the brutal acts of the city's police department and ensure they remained well beyond any semblance of justice.

Money Worries (Michael W.)

A cashless society would conceptually allow government much more leak-proof control of all citizen money transactions. Mainly it could funnel tax revenue into the treasury much more efficiently. It raises some obvious practical concerns, such as: would such a program lead to an enhanced colossal skim of credit card company off-creaming? And what about the percentage of poorer Americans who don’t have credit cards or bank accounts now, either because they don’t understand how it all works, or they’re forced to function in the “gray” economy for one reason or another (e.g. a drug felony rap). And what kind of as-yet-unknown perverse work-arounds would this new system provoke?

Jim Rogers: Next Economic Problem Will Be Worse Than 2008 (Herman J.)

Listen to Jim Rogers discuss his latest (April 2015) views of global markets, specifically where he sees opportunities and where he sees the greatest risks. As always, Jim turns conventional investing wisdom upside down in this thought-provoking gem of an interview.

Where The Islamic State Gets Its Weapons (jdargis)

The rifle’s serial number had been obscured by grinding, and the roughed-up spot had been retouched with black paint. That two-step effort at obscuring the weapon’s provenance was identical — down to the dimensions of the grinding — to that of Chinese CQ rifles that Conflict Armament Research and the Small Arms Survey, an independent research group in Geneva, had documented in 2013 in the possession of rebels in South Sudan and had traced to a Sudanese intelligence service. The Kurd’s rifle cartridges, too, were from the same Chinese manufacturer (Factory 71) and the same production year (2008) as those previously found in South Sudan.

A Rundown Of The EIA’s Latest Energy Predictions (Evan K.)

Estimated ultimate recovery (EUR) per shale gas, tight gas, and tight oil well is 50% higher and well spacing is 50% closer than in the Reference case. Tight oil resources are added to reflect new plays or the expansion of known tight oil plays, and the EUR for tight and shale wells increases by 1%/year more than the annual increase in the Reference case to reflect additional technology improvements. This case also includes kerogen development; undiscovered resources in the offshore Lower 48 states and Alaska; and coalbed methane and shale gas resources in Canada that are 50% higher than in the Reference case.

The Dying Sea (jdargis)

In 2003, in the largest agricultural-to-urban water transfer in United States history, San Diego County made a deal with the Imperial Valley to buy as much as two hundred thousand acre-feet a year. San Diego County has a growing metropolis, a population of three million, a substantial biotech industry, and virtually no natural water supply. By 2021, the transfer will account for a quarter of its water. The deal gives Imperial billions of dollars to spend on improving efficiency on its farms and in its irrigation infrastructure, which in some places is primitive.

Don’t Just Plant, Plan! (jdargis)

For the artistically inclined, it’s painful (visually) to plop rectangular boxes into a well-designed yard. Curved beds are one way to get around this dilemma, but you can also get creative with rectangles by arranging them in patterns such as a zig-zag or octagon. To make designing easier, cut out colored pieces of paper to represent beds of various shapes and sizes and experiment by arranging them in different configurations on your plan. A clear design preserves a sense of order and coherence as the vegetable garden morphs and swells in and out of chaos throughout the seasons.

Gold & Silver

Click to read the PM Daily Market Commentary: 4/27/15

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."

2 Comments

Tall's picture
Tall
Status: Platinum Member (Offline)
Joined: Feb 18 2010
Posts: 564
Don't just plant, plan

Keep in mind how your garden will be maintained. Can you fit a mower or wheelbarrow between beds? Swing a scythe? Will you use mulched paths?

Design and construction happens once. Maintenance is what you will live with.

Tall's picture
Tall
Status: Platinum Member (Offline)
Joined: Feb 18 2010
Posts: 564
Nevada's Lake Mead on track to reach record low water level

Nevada's Lake Mead, the largest capacity reservoir in the United States, is on track to drop to its lowest water level in recorded history on Sunday as its source, the Colorado River, suffers from 14 years of severe drought, experts said on Friday.

 

http://www.reuters.com/article/2015/04/24/us-usa-nevada-lake-mead-idUSKBN0NF2AE20150424?feedType=RSS&feedName=environmentNews

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