Daily Digest

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Daily Digest 6/18 - The Blight Of The Honeybee, Protect Your Financial Privacy

Thursday, June 18, 2015, 11:12 AM

Economy

Three Ways to Protect Your Financial Privacy (Tiffany B.)

Hastert, however, has been charged with “structuring” — banking in such a way as to avoid federal “suspicious activity” reporting rules. Some people think the Justice Department is using these charges as a pretext to punish him for the allegations from his past precisely because it can’t win a court case against them.

The same thing could easily happen to you in your pursuit for financial privacy... unless you take my advice.

'Goldbug' Analysts Capitulation (Jonathan D.)

We can see in the next three following charts that a bear market is defined by constant higher highs and lower lows. When this process ends, the bear market has stopped and a new trend can take place, as is the case actually with the gold price in terms of euros. With this currency, we’ve had to wait until 2005 for the gold bull market to be validated. Since then, the gold bull market has been validated in all currencies.

Sneak Preview: 10 Charts From In Gold We Trust Report 2015 (Taki T.)

Even with the severe underperformance since 2013, gold is up approximately 9% per annum since it started to trade freely in 1971. As seen on the next chart, depending on the currency in which it trades, average yearly returns are excellent for investors with a long term horizon. In other words, gold does what it always has done throughout history: preserve value and purchasing power.

In California, Uber driver is employee, not contractor (jdargis)

The June 3 ruling, which applies only in California, came to light on Tuesday after Uber appealed it in a filing in state court in San Francisco, where both the company and the driver in the case are based.

Classifying Uber drivers as employees could mean considerably higher costs for the company, including Social Security, workers’ compensation and unemployment insurance.

A New Era For Utilities (Tom K.)

How many home and business owners will become net suppliers to the grid over the next ten or fifteen years? Who will own and manage the assets? The answer to these questions is the measure of the risk to generating and transmission utilities and central power plant owners.

Chris and Michael Berry: What the Boomers Got Wrong—and Right—About Natural Resource Investing (Kevin J.)

While the Internet makes it easier to do research and make a trade, that doesn't mean it is easier to make a good trade, or better still, a smart long-term investment. I think it's challenging today. It's easy to trade, but much more difficult to create real wealth. A P/E multiple used to have real meaning. Today, the pace of the market is so fast, there are so many flash traders, so many games being played and so many nickels being minted, that it is difficult to figure out what is real. There are debt and equity bubbles out there that have been being created for the past two decades. They can be difficult to take advantage of because investors have to go against the prevailing thinking.

Toxic algae bloom off West Coast might be largest ever (westcoastjan)

Unlike the more common PSP syndrome, which is resposible for shellfish closures off the coast of B.C. in the summer months, ASP also affects fish, which can then poison humans and other mammals that eat the affected fish.

The acid has been responsible for several deaths and has sickened more than 100 people, according to the Washington state Department of Fish and Wildlife.

The Blight Of The Honeybee (jdargis)

There was also a practical issue — a major one. Literally, you couldn’t eat without bees; certainly you couldn’t listen to any coverage of colony collapse without being told that honeybees were responsible, through pollination, for one out of every three mouthfuls of food you ate. One out of three.

Gold & Silver

Click to read the PM Daily Market Commentary: 6/17/15

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."

16 Comments

rjs's picture
rjs
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the bees are OK

i was surprised to see this, enough so that i checked USDA data myself...they're right:

Bee-pocalypse Now? Nope. -- Last year, riding the buzz over dying bees, the Obama administration announced the creation of a pollinator-health task force to develop a “federal strategy” to promote honeybees and other pollinators. Last month the task force unveiled its long-awaited plan, the National Strategy to Promote the Health of Honey Bees and Other Pollinators. The plan aims to reduce honeybee-colony losses to “sustainable” levels and create 7 million acres of pollinator-friendly habitat. It also calls for more than $82 million in federal funding to address pollinator health. But here’s something you probably haven’t heard: There are more honeybee colonies in the United States today than there were when colony collapse disorder began in 2006. In fact, according to data released in March by the Department of Agriculture, U.S. honeybee-colony numbers are now at a 20-year high. And those colonies are producing plenty of honey. U.S. honey production is also at a 10-year high. 

i've been keeping bees since the 70s, and as they point out, it's fairly easy to rebuild your colonies in the spring, even after a winter loss of 50%..that's what beekeepers have been doing..

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Shooter kills 9 during church service

http://www.live5news.com/story/29347341/police-confirm-bomb-threat-at-scene-of-downtown-charleston-shooting

http://www.trust.org/item/20150618071504-g2vgb

CHARLESTON, S.C., June 18 (Reuters) - Authorities on Thursday arrested a 21-year-old white man suspected of killing nine people at a historic African-American church in Charleston, South Carolina in a rampage that the United States is investigating as a hate crime.

Law enforcement officials caught alleged gunman Dylann Roof, whose assault on Wednesday came in a year that has seen months of racially charged protests across the United States over killings of black men.

Roof was arrested after a traffic stop in Shelby, North Carolina, about 220 miles (354 km) north of Charleston, said police chief Gregory Mullen.

"This individual committed a tragic, heinous crime last night," Mullen told reporters.

U.S. Attorney General Loretta Lynch said her office was investigating whether to charge Roof with a hate crime motivated by racial or other prejudice. Such crimes typically carry harsher penalties.

The Southern Poverty Law Center, which researches U.S. hate groups, said the attack illustrates the dangers that home-grown extremists pose.

"Since 9/11, our country has been fixated on the threat of Jihadi terrorism. But the horrific tragedy at the Emanuel AME reminds us that the threat of homegrown domestic terrorism is very real," the group said in a statement, referring to the Sept. 11, 2001 attacks on the United States.

A man who identified himself as Roof's uncle earlier told Reuters Roof's father had recently given him a .45-caliber handgun as a birthday present and that he had seemed adrift.

"I actually talked to him on the phone briefly for just a few moments and he was saying, 'Well, I'm outside practicing with my new gun'," the uncle, Carson Cowles, 56, said in a telephone interview.

The victims, six females and three males, included Reverend Clementa Pinckney, who was the church's pastor and a Democratic member of the state Senate, according to colleagues.

Roof sat with churchgoers inside Emanuel African Methodist Episcopal Church for about an hour on Wednesday before opening fire, Mullen said.

Demonstrations have rocked New York, Baltimore, Ferguson, Missouri and other cities following police killings of unarmed black men including Eric Garner, Freddie Gray and Michael Brown.

A white police officer was charged with murder after he shot Walter Scott, an unarmed black man, in April in neighboring North Charleston.

 

'A LOT OF CONCERN'

The local community reacted with shock and grief after Wednesday's mass shooting.

"This is going to put a lot of concern to every black church when guys have to worry about getting shot in the church," said Tamika Brown at an AME church near the site of the shooting while waiting for a noon prayer vigil. "They might need security guards, police officers."  [or armed citizens taking responsibility for their own safety - thc0655]

Eight victims were found dead in the church, Mullen said, and a ninth died after being taken to hospital. Three people survived the attack. Officials did not immediately identify the other victims.

Roof was charged on two separate occasions earlier this year with a drug offense and trespassing, according to court documents.

Roof's mother, Amy, declined to comment when reached by phone.

"We will be doing no interviews, ever," she said before hanging up.

The shooter told one survivor he would let her live so she could tell others what happened, the president of the Charleston NAACP, Dot Scott, told the local Post and Courier newspaper.

Roof reloaded five times despite pleas for him to stop shooting during a Bible-study group, a cousin of Pinckney said. [Plenty of opportunity for an armed citizen to intervene, if there had been one. -- thc0655]

I had a "premonition" about a month ago about a mass murder at a church, so I started wearing a Kevlar vest to church and carrying a second spare magazine for my Glock.  

1. So maybe I'm not crazy to go well-armed to church.

2. Hopefully, this is what my premonition was about (but I'm going to maintain my heightened vigilance and upgraded equipment status).

3. I hope this event in a low crime city in a church where almost everyone was be shocked to see such violence, will help some people accept that violence can happen anywhere (even "safe" places).  Hopefully, people will be more vigilant in their own situations and take whatever training and precautions they deem appropriate to deal with the world as it is, not as we wish it would be.  Inertia and complacency get way too many people hurt and victimized.

If you've been putting off some personal safety and home defense measures, now might be a good time to review the content of my three previous contributions on this subject (or read them for the first time if you're new here). These posts don't deal with dealing with violent street crime which doesn't seem to be a keen interest here at PP as long as our society continues to maintain a semblance of civility.  Maybe in the future violent street crime will be a subject I take up.

http://www.peakprosperity.com/blog/protecting-yourself-against-crime-and...

http://www.peakprosperity.com/blog/fortifying-yourself-and-your-home-aga...

http://www.peakprosperity.com/wiki/191/personal-safety-home-defense

rjs's picture
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btw, fast track just passed

House passes trade authority bill - CNNPolitics.com: (CNN)The House on Thursday voted to advance legislation to give President Barack Obama fast track authority to negotiate a mammoth Pacific trade deal, reviving the prospects for Obama to achieve a key element of his agenda. The bill, known as TPA, passed by a razor-thin 10 vote margin, with 28 Democrats joining all but 50 Republicans to send the bill to the Senate. The Senate is expected to vote next week on the legislation, when it is also expected to take up a trade assistance measure aimed at winning over Democrats in a separate vote. Thursday's vote came less than a week after House Democrats, in a stunning rebuke to the President, torpedoed the legislation by voting down the trade assistance bill that was tethered to TPA. Now, House and Senate Republican leaders will look to pass both components in separate votes to give Obama the authority and confidence to negotiate a free trade agreement with a dozen countries on the Pacific Rim.bt

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Time2help
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Need moar distractions?
thc0655 wrote:

http://www.trust.org/item/20150618071504-g2vgb

The Southern Poverty Law Center, which researches U.S. hate groups, said the attack illustrates the dangers that home-grown extremists pose.

"Since 9/11, our country has been fixated on the threat of Jihadi terrorism. But the horrific tragedy at the Emanuel AME reminds us that the threat of homegrown domestic terrorism is very real," the group said in a statement, referring to the Sept. 11, 2001 attacks on the United States.

Freudian slip? At least they are on the right track.

 

So another lone wackjob gunman, this time going after a church...any chance they might be able to catch this one and send him out for an impartial, third party psych evaluation?

Another interesting tidbit:

Quote:

"Multiple media sources are reporting that the pastor of Emanuel AME Church is State Sen Clementa Pinckney, who was at the Hillary Clinton fundraiser earlier Wednesday evening and State House in Columbia earlier in the day."

http://www.thestate.com/news/state/south-carolina/article24831589.html#s...

How deep does the rabbit hole really go?  Hmmmm

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Methodist Episcopalian Church

Methodist Episcopalian Church is very anti firearm, even to the point of petitioning the UN.

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No causation or correlation implied

So TPP goes down in flames last Friday at the hands of the Democrats.  This Wednesday night a Democrat State Senator is gunned down in a church by a lone, crazed white lunatic.  Early Thursday morning and the Dem's are now on the same page...TPP passed. 

And as a bonus, let's stoke the racism flames and talk about getting rid of those pesky firearms.

Perhaps just a series of coincidences, or perhaps not all false flags are directed at the masses?

How did Harry hurt his eye again?

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Time2help
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Missouri vs Holland

Have some time to spare?  

Consider reading up on Missouri vs Holland.

TPP, TPA, TAA...you are gonna love 'em (hint, hint...goodbye "rights").

But first we have to pass 'em to find out what's in 'em.

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Trun87114
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Transparency

I feel compelled to remind everyone that Obama promised to run the most transparent administration ever.  What a fraud.  

Just how asleep are the American people?

 

Time2help wrote:

Have some time to spare?  

Consider reading up on Missouri vs Holland.

TPP, TPA, TAA...you are gonna love 'em (hint, hint...goodbye "rights").

But first we have to pass 'em to find out what's in 'em.

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thc0655
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Fast track TPP

The vote today to fast track TPP has me upset to the same level I was when it was obvious Jon Corzine would not be prosecuted for the MF Global robbery. I haven't been this discouraged/angry since MF Global and there's been a lot of water under our collective, crumbling bridge since then.  How upset am I?  Well, let me just say I had to keep repeating the following dismal proverbs:

1. When you get totally outraged, grab your rifle and run outside to your front step.  If you're the only one there, it's too soon.

2. It's too early to kill the bastards, but too late to change the system from within.

If this was England and the year was 1715, I'd be selling everything I owned and booking a perilous trip to the new American colonies. As it is, this is 2015 and an opportunity to be one of the first volunteers to colonize space is not going to come soon enough for me to take advantage of it.

But THIS is the question that continually amazes me:

Just how asleep are the American people?

This HAS to be what it was like to be an "awake" German citizen in 1933.  That didn't end well for the Germans, but I think what awaits us is orders of magnitude worse than that.  And I sort of envy those awake German citizens: their solution was as easy as a steamer ticket to the US or South America.  Now it seems even the best preparations and attempts to avoid the disaster are still largely a roll of the dice as to whether any of us will survive.

Excuse my rant, I have to go clear my firing chamber and secure my rifle.

"Welcome to the Hunger Games. And may the odds be ever in your favor."

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Understand him
thc0655 wrote:

This HAS to be what it was like to be an "awake" German citizen in 1933. 

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The bees are NOT ok

Rjs posted

In fact, according to data released in March by the Department of Agriculture, U.S. honeybee-colony numbers are now at a 20-year high. And those colonies are producing plenty of honey. U.S. honey production is also at a 10-year high.

This has little to nothing to do with the issues facing pollinators. What was described is the health of the industrial bee-farming system. From the very long article in today's links (Blight of the Honeybee).

Really, they are livestock. This is the answer to the riddle of how honeybees have survived mass die-offs each year: Their population has been kept steady by an industrial-farming infrastructure that requires their labor and can extract a few extra cents from consumers to support beekeepers’ rebreeding efforts. A single queen, which costs $15 to $35 and is absurdly fertile, can generate a whole colony in a single season, which she is constantly doing anyway, every year, because nobody in the colony but her survives more than a few weeks — that’s just the life cycle of workers and drones. In the case of the die-offs, everyone dies at once — including the queen. This happens to one in three colonies every year now, but thanks to rebreeding the bee population is actually steady.

Pesticides are far from the only problem facing the bee industry but they certainly do seem to add to the mix and tip the balance toward greater and greater losses.

Used to be, a hive could repel varroa mites so long as an infestation didn’t claim 20 percent of the bees; now the threshold is down to 3 percent.

These losses are resisted with more and more technology and management by industrial bee keepers through the wonders of "steroidlike protein patties" to keep their colonies from going into complete meltdown. What about everything else? Our crops are not the only plants needing pollination. For that matter, bees are not the only pollinators. Take a look at what is happening to Monarch butterfly populations.

When we talk about bee death, or colony collapse, these are the bees we are talking about — industrial honeybees, trucker honeybees. Bees in managed colonies — that’s truly the whole thing. In addition to honeybees, there are wild bees, more than 4,000 species in the United States, but the epidemic of bee death has nothing to do with them; as a White House report put it, “little is known about trends for populations of non-managed bees that comprise the majority of pollinators.” Our bee-loss numbers do not count them, and our bee anxiety does not, therefore, reflect them. Bee Informed Partnership, the cheerily named alliance of beekeepers and entomologists who monitor annual bee loss, does not even bother to track those bees.

However, we are left to blithely watch as we study the system to its death. As a research scientists myself, the comments by this scientist really resonated with me.

“The thing I would say about that White House report was, it was lacking in teeth on the pesticide side of things,” Goulson told me. “It basically said, ‘We need more research.’” He pauses. “There’s been an awful lot of research. And this is coming from someone who depends upon research dollars — I’ve spent my life doing research, you’d think I’d welcome the president of America saying we need more research on bees. But we know enough to know already that pesticides aren’t doing bees any good. And not just saying we need another ten years of research, because that’s just a delaying tactic. That suits the people who manufacture pesticides very very nicely indeed. It’s just a bit dumb.”

The bees are not ok. We are stressing natural systems as well as our industrial pollination systems and seem set on not doing much of anything until our options are few if any.

 

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Read up on John Brown and the civil war

Eventually, the civil war happened; it didn't have to.

But John Brown was overly preemptive.

I tend to think that two songs relate to him:

“John Brown's body lies a-moulderin' in his grave
John Brown's body lies a-moulderin' in his grave
John Brown's body lies a-moulderin' in his grave
But his soul goes marching on!
Glory, glory hallelujah!...

And, of course,

John brown had ten little indians
John Brown had ten little indians
John Brown had ten little indians
Ten little indian boys.
Ten-little-nine-little-eight little indians
Seven-little six little five little indians
Four-little-three-little-two little indians
One little indian boy.
Whoo-oo-oooo-ooo-!

Umm, my only thought, is, the only thing worse than being one of the civil war soldiers, I think, may be to be the rallying cry.

The meek shall inherit the Earth.

God says, Thou Shalt Not Kill (and the body is the temple of the Holy Spirit; he who destroys God's temple, him God will destroy).

If one insists that he/she would rather die than obey His law, well, the Tribulation may take away half the world's population, by Him allowing exactly that.

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Gang members to march for police accountability

Seattle gangs to march through downtown demanding police accountability, remembering those lost to violence

Clear evidence that the end is nigh.

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Wrapping things up nice and tidy like...

You could almost put a bow on it.

Charleston gunman left racist manifesto on web site, authorities say

"But the vast majority of the white supremacist rant, which displays some unusually sophisticated language if all of it was written by Roof, a ninth-grade dropout, reveals a deep hatred of minorities--particularly blacks--and a strong belief in racist stereotypes."

How many ninth-grade dropouts do you know that have their own website?

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