Daily Digest

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Daily Digest 5/15 - Bird Flu Affecting Millions Of Hens, What The Pacific Trade Deal Means For Diets

Friday, May 15, 2015, 8:43 AM

Economy

How to end boom and bust: make cash illegal (westcoastjan)

In this futuristic world, all payments are made by contactless card, mobile phone apps or other electronic means, while notes and coins are abolished. Your current account will no longer be held with a bank, but with the government or the central bank. Banks still exist, and still lend money, but they get their funds from the central bank, not from depositors.

How the DEA took a young man’s life savings without ever charging him with a crime (jdargis)

Rivers's life savings represent just a drop in the Justice Department's multibillion-dollar civil asset forfeiture bucket. Rivers has retained a lawyer in the hope of getting at least some of his money back. Rivers says he suspects he may have been singled out for a search because he was the only black person on that part of the train.

How Our War on Drugs Undermines Mexico (jdargis)

Believed by the reigning Guadalajara cartel to be the leak of a major drug bust by the Mexican military, Camarena was kidnapped by corrupt police officers in broad daylight. The DEA eventually forced the Mexican government’s apprehension of suspects. Interestingly, a number of 2013 reports alleged CIA involvement in Camarena’s murder, as he was purportedly a threat to U.S. drug operations.

Financial Repression Discussion With Richard Duncan (Herman J.)

“We have a global bubble. It started to pop in 2008, but the policy response of trillions of dollars of budget deficits financed with trillions of dollars of new fiat money creation has succeeded in keeping the global bubble inflated…It’s natural tendency is to deflate, and in order to keep it from deflating into a great depression, the policy has to continue to be injecting more credit."

Amtrak Says Shortfalls and Rules Delayed Its Safety System (jdargis)

Despite the delays, the system may have been just months from being operational when Northeast Regional Train No. 188 careered into a sharp curve at over 100 miles per hour, twice the posted speed, and hurtled off the tracks Tuesday night. The Federal Communications Commission had approved Amtrak’s application for the purchase of wireless spectrum from an entity called Skybridge Spectrum Foundation on March 5, clearing the way for final tests on the system, a spokeswoman for the commission said.

No One's Talking About What The Pacific Trade Deal Means For Diets (jdargis)

One example of a trade deal that should have addressed nutrition and health, according to Holt-Gimenez: The North American Free Trade Agreement boosted American consumption of Mexican produce, but also paved the way for Walmart and American food manufacturers to export and sell a lot more less-healthful, processed food in Mexico.

This Video Shows Exactly How Eating Organic Affects Pesticide Levels in Our Bodies (Dana T.)

The family’s exposure to pesticides drastically dropped when they switched from conventional to organic eating. “A change in diet from conventional food to organic food made an average decrease in human exposure to the investigated pesticides by a factor of 9.5,” lead researcher Jörgen Magnér tells Yahoo Health. “The largest decrease was observed for the children.”

Egg Farms Hit Hard as Bird Flu Affects Millions of Hens (jdargis)

Mounds and mounds of carcasses have piled up in vast barns here in the northwestern corner of Iowa, where farmers and officials have been appealing for help to deal with disposal of such a vast number of flocks. Workers wearing masks and protective gear have scrambled to clear the barns, but it is a painstaking process. In these close-knit towns that include many descendants of the area’s original Dutch settlers, some farmers have resorted to burying dead birds in hurriedly dug trenches on their own land, while officials weighed using landfills and mobile incinerators.

Gold & Silver

Click to read the PM Daily Market Commentary: 5/14/15

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."

11 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2768
Shadows


Quote:

"Those who are able to see beyond the shadows and lies of their culture will never be understood, let alone believed, by the masses."

     – Plato

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Friday night at the movies.

The Secret Life of Timothy McVeigh:

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Friday night at the movies.

?

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Friday night at the movies.

??

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2768
?

Sometimes there's a glitch in the Matrix, Arthur. 

It happens when they change something.

Bankers Slave's picture
Bankers Slave
Status: Platinum Member (Offline)
Joined: Jul 26 2012
Posts: 520
Another excellent

website for my attention distracting me from the disney land existence outside my head. Thanks.

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2768
DennisC's picture
DennisC
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Joined: Mar 19 2011
Posts: 272
I'm so happy

that you brought this up!  I was looking for a good segue.  I was somewhat disappointed last week that Chris could not remember the title of Ben's book when he was talking with Mish (I think that was the podcast).  Anyway, I was thinking that nose hairs would probably be more appropriate to pluck as that would certainly be more likely to bring a real tear to Chris' eye.

Tall's picture
Tall
Status: Platinum Member (Offline)
Joined: Feb 18 2010
Posts: 564
US says Gulf oil spill could last 100 years

A decade-old oil leak where an offshore platform toppled during a hurricane could continue spilling crude into the Gulf of Mexico for a century or more if left unchecked.//The AP's review of more than 2,300 Coast Guard pollution reports since 2008 showed a dramatic spike in sheen sizes and oil volumes since Sept. 1, 2014.

In 2008, Taylor set aside hundreds of millions of dollars to pay for leak-related work as part of a trust agreement with the Interior Department. The company says it has spent tens of millions of dollars on its efforts to contain and halt the leak, but it hasn't publicly disclosed how much money is left in the trust. The company sold all its offshore leases and oil and gas interests in 2008, four years after founder Patrick Taylor died, and is down to only one full-time employee.

Justice Department officials say the company approached the government concerning the trust fund, but they declined to discuss the terms of its proposal. Federal agencies responded that more work needed to be done, including installing a more effective containment dome system, and that the company remained responsible for doing that work, the officials said.

http://www.usnews.com/news/business/articles/2015/05/15/apnewsbreak-us-s...

Bankers Slave's picture
Bankers Slave
Status: Platinum Member (Offline)
Joined: Jul 26 2012
Posts: 520
Don was on to something pre 9/11

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