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Daily Digest 11/17 - What ISIS Really Wants, Greenland Glacier Could Cause .5m Sea Level Rise

Tuesday, November 17, 2015, 11:10 AM

Economy

What ISIS Really Wants (lambertad)

Our ignorance of the Islamic State is in some ways understandable: It is a hermit kingdom; few have gone there and returned. Baghdadi has spoken on camera only once. But his address, and the Islamic State’s countless other propaganda videos and encyclicals, are online, and the caliphate’s supporters have toiled mightily to make their project knowable. We can gather that their state rejects peace as a matter of principle; that it hungers for genocide; that its religious views make it constitutionally incapable of certain types of change, even if that change might ensure its survival; and that it considers itself a harbinger of—and headline player in—the imminent end of the world.

Exploiting Emotions About Paris to Blame Snowden, Distract from Actual Culprits Who Empowered ISIS (Arthur Robey)

This is a glaring case where propagandists can’t keep their stories straight. The implicit premise of this accusation is that The Terrorists didn’t know to avoid telephones or how to use effective encryption until Snowden came along and told them. Yet we’ve been warned for years and years before Snowden that The Terrorists are so diabolical and sophisticated that they engage in all sorts of complex techniques to evade electronic surveillance.

Interest Rate Cycles In Review - Are We Ready For The Next Installment? (Chris H.)

Folks are welcome to believe what they will and make their own determinations regarding the Fed's policies and their effectiveness. Hopefully the following data will spark some conversation regarding if higher interest rates to slow economic activity are "appropriate" at this time or if the Fed has another agenda?

Staying Sovereign in the Face of Fear (Tiffany B.)

Today, it’s clear that ISIS’ script is unfolding with admirable precision. In the last 72 hours, pundits and politicians on both sides of the Atlantic have proposed closing Europe’s borders (making my Thursday article sadly prescient), banning all forms of encrypted communication, drastically increasing military spending and mass deportations. Based on news flashes that pop up as I write, we can add long-term suspension of civil liberties to the list.

Nugan Hand bank mystery: Michael Hand found living in the United States (richcabot)

He vanished in 1980 amid rumours of CIA and organised crime involvement in the bank as the United States attempted to back anti-communist governments and anti-communist insurgents at the height of the Cold War.

Was Ohio’s Corporate Pot Vote Stolen? (richcabot)

The controversial measure would have established an oligarchy of ten licensed growers operating regulated indoor grow sites of up to 300,000 square feet each. The pro-marijuana activist community was divided on the measure.

Gold Miners Putting In A Quintuple Bottom, Near Term 30% Upside Potential (Taki T.)

We believe the move in gold is largely overdone, both from a a technical perspective (miners lost 85% of their value since their peak) and a fundamental perspective (the interest rate saga is clearly overhyped, and central banks have not engaged into any action as they are ‘guiding the markets forward’ to an interest rate hike since 2010).

Elon Musk's Hyperloop: Expensive, But Doable (Evan K.)

The Hyperloop essentially consists of three parts; the pylons that hold up the tube track, the tube track itself, and the pods that “ride” in the tube. This cost explicitly excludes the cost of land since the most efficient way to build the track would be over state property (like railroad or highway rights), but that issue remains very much up in the air. The interval between pylons depends heavily on the type of materials used in the tube construction and the width of the pylons themselves. As a result, calculating the exact number of pylons needed is tricky, but assuming a reasonable 100 feet between each pylon (versus 50 feet apart for the Golden Gate bridge cables), that means there are about 54 pylons per mile.

Antibiotics in Animal Feed May Endanger Kids, Doctors Warn (jdargis)

“The antibiotics that are fed to the animals lead to the development of antibiotic resistant bacteria in the animal,” study co-author Dr. Theoklis Zaoutis of the University of Pennsylvania and the Children’s Hospital of Philadelphia said by email. “These bacteria can then be spread to other animals, the environment and to humans.”

Collapsing Greenland glacier could raise sea levels by half a metre, say scientists (richcabot)

The same records revealed that from 2002 to 2014 the area of the glacier’s floating shelf shrank by a massive 95%, according to a report in the journal Science. The glacier has now become detached from a stabilising sill and is losing ice at a rate of 4.5bn tonnes a year.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/16/15

Provided daily by the Peak Prosperity Gold & Silver Group

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7 Comments

Tall's picture
Tall
Status: Platinum Member (Offline)
Joined: Feb 18 2010
Posts: 564
U.S. Thirst for Oil Straining International Water Supplies

Rising energy demand is straining freshwater supplies globally, especially in the developing world, and U.S. oil demand is disproportionately responsible for that strain, a new study says.

Holland said that in conducting the study, his team identified river basins where energy development is using freshwater in areas suffering from water scarcity.  “We need effective policies to ensure we’re not mal-adapting, that is, we have to avoid creating tomorrow’s problems by trying to solve today’s,” Scott said.

“Local energy and food sources, and modified consumer demand, are crucial.”

http://www.climatecentral.org/news/us-oil-straining-international-water-supplies-19689

reflector's picture
reflector
Status: Gold Member (Offline)
Joined: Aug 20 2011
Posts: 269
RT interview

 

with all the isis-related links in the daily digest today, it's good to keep in mind that isis is a fiction, an instrument of the CIA used to destabilize other nations.

if you haven't seen this excellent interview on RT, it is worth the 10 minutes:

Political author Gearoid O Colmain discusses the Paris attacks with RT International

Quote:

"There is no such thing as ISIS. ISIS is a creation of the US, we know that from official sources of the US military themselves and declassified documents"...

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4147
Oil industry layoffs climb past 200000

Oil industry layoffs climb past 200000

Petro Global News-6 hours ago
Barely a year and half since oil prices began tumbling, layoffs in the energy industry have already climbed above 200,000. According to Forbes, data collected ...

German auditors warn of risks to balanced budget

Deutsche Welle-4 hours ago
The watchdog singled out pension costs, which it said were scheduled to rise from 84 billion euros at present to 98 billion euros by 2019. The office argued that ...

New Jersey Scraping the Bottom of Roadwork Fund as Tax Fight ...

Bloomberg-6 hours ago
New Jersey has an $83 billion unfunded pension liability after more than a decade of skipped and lowered payments. The state's credit rating has been ...

Justices' questions signal bad news for Emanuel's pension fund deal

Chicago Sun-Times-27 minutes ago
... stave off insolvency at the Municipal Employees and Laborers pension funds ... Social Security that have been a driving force behind the city's pension crisis.

 

Uncletommy's picture
Uncletommy
Status: Platinum Member (Offline)
Joined: May 4 2014
Posts: 572
What else is new in the freshwater debate?

I would point the finger at at electrical generating plants. Where I come from, thermal cooling is second only to agriculture in fresh water usage. I think you'd be hard pressed to find a bigger waster than this activity. Some jurisdictions tax carbon and are having success in reducing usage. Why not water? And don't think that isn't right around the corner.

 

 

 

Tim Ladson's picture
Tim Ladson
Status: Bronze Member (Offline)
Joined: Sep 22 2012
Posts: 78
Additional Recommendation

reflector - 

Excellent Video - 2 thumbs up !

I would also recommend www.davidstockmanscontracorner.com  "Blowback-The Washington War Party Folly Comes Home to Roost"  

Tim

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
++^

Yes.  I think The man, Gearoid has got it nailed down pat. And talking of nails has anyone seen my nailgun?

 

reflector's picture
reflector
Status: Gold Member (Offline)
Joined: Aug 20 2011
Posts: 269
stockman is great
Tim Ladson wrote:

reflector - 

Excellent Video - 2 thumbs up !

I would also recommend www.davidstockmanscontracorner.com  "Blowback-The Washington War Party Folly Comes Home to Roost"  

Tim

yes, good call, david stockman is a strong voice against the corruption of the federal government.

speaking of ex-reaganites, so is paul craig roberts, who has been writing recently about the attacks in paris:

http://www.paulcraigroberts.org/2015/11/15/paris-changes-everything-say-...

 

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