Daily Digest

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Daily Digest 3/27 - They're Coming For Your Democracy, Farming In An Age Of Drought

Sunday, March 27, 2016, 10:12 AM


The World's Most Famous Economic Hitman Confesses – They're Coming For Your Democracy (pinecarr)

Most readers will be familiar with John Perkins and his best-selling novel Confessions of an Economic Hitman. What you may not know, is he’s currently making the rounds warning us that all the corporatist mercenary tactics employed against third-world nations to financially benefit U.S. conglomerates are now being turned inward on American communities.

CIA-armed militias are shooting at Pentagon-armed ones in Syria (lambertad)

The attacks come amid continued heavy fighting in Syria and illustrate the difficulty facing U.S. efforts to coordinate among dozens of armed groups that are trying to overthrow the government of President Bashar Assad, fight the Islamic State militant group and battle one another all at the same time.

In Brussels Bombing Plot, a Trail of Dots Not Connected (jdargis)

“There were investigations before and after the events” of Tuesday, Alexandrino Rodrigues, the owner of the building, said in an interview, suggesting that the police had suspicions before the attacks and had not entirely ignored the report from a concerned neighbor. “You can’t catch a rabbit without knowing where it lives,” he added.

Visualizing Why Manufacturing Jobs Aren't Coming Back (jdargis)

The market for industrial robot installations has been on a skyward trend since 2009, and it is not expected to slow down any time soon. According to the World Robotics 2015 report, the market for industrial robots was approximated at $32 billion in 2014, and in the coming years it is expected to continue to grow at a compound annual growth rate (CAGR) of at least 15%.

Deal reached to take California minimum wage to $15 an hour (jdargis)

If the Legislature approves a minimum-wage package, it would avoid taking the issue to the ballot. One union-backed initiative has already qualified for the ballot, and a second, competing measure is also trying to qualify.

“This is an issue I’ve been working on for many years,” Leno said. “The governor and stakeholders have all been negotiating earnestly and in good faith for some time.”

The Hidden Psychology Of Failure (jdargis)

The Mu Sigma researchers define this in their analysis as “the power of extreme experimentation”, claiming that science can demonstrate that failure drives forward innovation. This approach is echoed by engineers working in the pharmaceuticals, material sciences and automotive industries. “Those at the forefront of technology have to fly into mountains,” explained Ray Gibbs, CEO of Haydale, a material-science company based in the UK, US and South Korea that works with graphene to improve the properties of everyday materials such as inks and coatings. Gibbs believes that in order to develop any successful product you must try lots of different ideas to get to that end result, learning from the failures.

Schools Nationwide Still Grapple With Lead in Water (jdargis)

This winter’s crisis in Flint, Mich., has cast new attention on lead in water supplies. But problems with lead in school water supplies have dragged on for years — aggravated by ancient buildings and plumbing, prolonged by official neglect and tight budgets, and enabled by a gaping loophole in federal rules that largely exempts schools from responsibility for the purity of their water.

Farming In An Age Of Drought (jdargis)

In the short film, Life After Water, an interactive documentary by MediaStorm and Verse, the filmmakers utilize stunning, yet worrisome arial drone footage of Jesus’s farm to show the drought’s effect on Terra Bella’s farming community. The film grapples with the inevitable question that will arise if climate change doesn’t stop: what will we do when the water ends?

Gold & Silver

Click to read the PM Daily Market Commentary: 3/25/16

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."


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Happy Easter Everyone!


This dates me, but the haircuts and clothes...remind me of my childhood.  I would not be surprised to leaf through an old family album and find something like this in there.  


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Happy Easter


cmartenson's picture
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On cultural capital, abundance and scarcity

Well, it looks like those two kids in the picture I posted above are not going to be the only kids emotionally scarred by parent’s poor decision on Easter!

Parents Steal Eggs Out Of Children’s Baskets, Knock Them Over During Easter Egg Hunt

Mar 27, 2016

NEW HAVEN, Conn. (CBSNewYork) — An Easter egg hunt in Connecticut ended with parents scrambling to save their kids.

WCBS 880’s Kelly Waldron reports parents ignored the staggered start times at the PEZ Visitor Center for different age groups and rushed the three fields, snatching eggs right out of children’s baskets and even knocking them over.

Another mom said her son was left “hysterically crying.”

“When my son left, he had a broken basket and he was hysterically crying,” she said.

One PEZ worker said they were only trying to create a fun activity for everyone to enjoy.

“It was like locusts. Everybody just descended and they’re like locusts. Everybody just descended and left,” the worker said.

Organizers said they tried to inform parents there was extra candy on hand for kids who didn’t get any.

When considering cultural capital, it’s important to glean your local area for stories like this, or their opposites. Nothing like this would happen in my town, but it’s small and we know each other well.

What the above story illustrates is that even if it’s meaningless, a model of perceived scarcity is enough to trigger people to act badly, probably even in ways they would feel shame over if confronted with video evidence later on.

All for a buck or two of candy.

What happens when something more important is on the line?


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Reviving the population

Scientists Slowly Reintroducing Small Group Of Normal, Well-Adjusted Humans Into Society (The Onion)


ITHACA, NY—In an ambitious attempt to revive a population long considered to be on the brink of extinction, scientists announced Friday they have slowly begun to reintroduce normal, well-adjusted human beings back into society.

According to officials at Cornell University, where for the past 18 years conservation researchers have operated an enclosed sanctuary for humans who are levelheaded and make it a habit to think before they speak, the endangered group is being cautiously reintegrated into select locations nationwide in hopes that they can reestablish permanent communities and one day thrive again.

“We’ve worked for years to stabilize our society’s dwindling population of sane, generally reasonable people, and within the safe confines of our refuge we’ve finally seen their numbers start to bounce back a little,” said Josh Adelson, head of the Cornell research team, which moved the remaining members of the group into a protected habitat in 1998 to keep them from dying off completely. “Now, we can very gradually begin to release this rare breed of rational humans back into the general public. With luck, they can survive and prosper.”

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Japan Seen Stuck With Negative Yields on 70% of Bonds for 2016

Japan's negative rates a looming headache for central bank

Reuters-10 hours ago
But in the two months since the BOJ announced it was imposing a negative interest rate, JGBs have become a volatile commodity, with prices swinging wildly as ...

Japan Seen Stuck With Negative Yields on 70% of Bonds for 2016
Bloomberg-Mar 27, 2016

China bank profits flat-line as bad debts continue to soar

Reuters-5 hours ago
Non-performing loans (NPLs) reached a 10 year high of 1.27 trillion yuan ($195 ... The central bank is also preparing to let banks accept debt-for-equity swaps to ...

Muni-Bond Funds Burned Chasing Yield With Wood-Pellet Bankruptcy

Bloomberg-5 hours ago
After selling almost $300 million in municipal debt since 2013, it defaulted on some ... $3.7 trillion municipal market that finances industrial-development projects, ...

Atlantic City, Bracing for Takeover, Sees Camden as Cautionary Tale

WNYC-6 hours ago
The city's casino tax base has tumbled from $20 billion when Christie got into ... Atlantic City government and its schools are now running a combined deficit ...


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