Daily Digest

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Daily Digest 5/7 - U.S. Economy May Be Grinding To A Halt, What Do The Swiss Know That We Don’t?

Saturday, May 7, 2016, 9:47 AM

Economy

There's a big warning sign that the wheels of the US economy may be grinding to a halt (Paul)

On net, 11.6% of respondents reported tighter lending conditions to midsize or large firms (13% reported tighter standards with 1.4% reporting eased standards), up from 8.2% net tighter in the first quarter of 2016. In fact, in the second quarter of 2015, a net 5.3% of lenders reported an easing of standards, so in a year's time it has swung 16.9% on net toward tighter standards.

Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing (Aaron M.)

One of the economic commentators that I have really come to respect is Wolf Richter of WolfStreet.com. He has a really sharp eye for what is really going on in the economy and in the financial world, and I find myself quoting him more and more as time goes by. If you have not checked out his site yet, I very much encourage you to do so.

Ron Paul: What Do The Swiss Know That We Don’t? (Taki T.)

Of course, because the Swiss people are the sovereign and whatever the politicians bring up, we are used to debate what’s going on. When the people are used to debate, they also have a kind of higher status in terms of enlightenment. They don’t fall into the trap of just taking over opinions which have been sold on the mass media.

They really “think”, which is the problem nowadays. People are not allowed to think independently any longer. But the Swiss are used to think, this is part of the historical genes of Switzerland.

As Oil Markets Tighten, Geopolitical Events Matter Again (Josh O.)

Royal Dutch Shell also announced that it had shut down its Albian Sands mining operations. “While our operations are currently far from the fires, we have shut down production at our Shell Albian Sands mining operations so we can focus on getting families out of the region,” a spokesperson said. Shell produces 250,000 barrels of oil per day from its facilities and provided no timeline for when it expects to be back online.

2-Day Work Week Mandated After Desperate Country Runs Out Of Electricity (Aaron M.)

Venezuela’s electric gird is breaking down because the nation is simply out of money, primarily because oil prices are too low to support Maduro’s socialist policies, Value Walk reported. The nation is also experiencing hyperinflation. Some Venezuelans are now using wheelbarrows of money to pay for basic goods like groceries.

How the Kleptocrats’ $12 Trillion Heist Helps Keep Most of the World Impoverished (Paul)

That $12.1 trillion figure for money looted from poorer countries has been hiding in plain sight. It comes from numbers in the global economic data—derived by comparing statistics from the International Monetary Fund and the World Bank, supplemented by some figures from the United Nations and the U.S. Central Intelligence Agency—that do not match up, but which until now no one had bothered to analyze.

Manipulation, the "Free Market", & What of Gold & Silver? (CH)

Had the federal government held a constant measuring stick rather than "tinkering, engineering, distorting" key government calculations such as the size of the economy (GDP), the rate of inflation, level of unemployment, or size of federal deficits and federal debt...the reality we face would be plain and honest choices needed. Instead, the responsibility of those working for "the people" has been breached via falsifying and distorting each of these (over decades).

The Near-Term Extinction Movement Is Embracing the End Times (Merle2)

The tone of ‘Extinction Love’ is similar to what one might find in an Alcoholics Anonymous meeting. One woman recently posted about feeling deep despair for life lost and fear of the future, and supporters piled on likes and comments assuring her it was OK to feel that way. Occasionally, there are posts of lighter things, like a viral photo of a swan neck-hugging a man. More frequently members post “told you so” news articles bearing bad climate news.

Army Captain Sues President Obama Over Illegal and Unconstitutional War on ISIS (pinecarr)

Mr. Obama may rightly be frustrated by gridlock in Washington, but his assault on the rule of law is a devastating setback for our constitutional order. His refusal even to ask the Justice Department to provide a formal legal pretext for the war on ISIS is astonishing.

Saudi Arabia Ousts Longtime Oil Minister (jdargis)

Under a new Saudi leadership led by King Salman, the king's son Deputy Crown Prince Mohammed bin Salman has largely been overseeing Saudi economic policy along with a handful of new ministers. The changes announced Saturday come as the government plans wide-ranging reforms aimed at overhauling the Saudi economy amid lower oil prices that have eroded state revenues.

Gold & Silver

Click to read the PM Daily Market Commentary: 5/6/16

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."

3 Comments

pinecarr's picture
pinecarr
Status: Diamond Member (Offline)
Joined: Apr 13 2008
Posts: 2237
Quaker Oats sued over glyphosate found in its 'all natural' oats

"Quaker Oats sued over glyphosate found in its 'all natural' oats... the truth is starting to come out about widespread glyphosate contamination of the food supply" [bold mine]

Oh great, and I was feeling like such a good mom to be getting my son to eat Quaker old fashioned oatmeal for breakfast...

(NaturalNews) Quaker Oats, owned by PepsiCo, has been sued over its "all natural" oats containing high levels of glyphosate weed killer (sold as "Roundup" by Monsanto). [bold mine]

The New York Times, forever a defender of Monsanto and GMOs, is blatantly lying to its readers by claiming the glyphosate found in Quaker Oats is nothing more than "traces." In reality, the glyphosate contamination of Quaker Oats was tested at alarming levels by a St. Louis laboratory using the ELISA technique.

Natural News recently reported those numbers in a previous article. They were also released by the Alliance for Natural Health (ANH-USA.org). The tests revealed glyphosate in whole wheat bread, bagels, hot cereals, coffee creamers, instant oatmeal and more.
 

Deadly glyphosate now being sprayed on oats, wheat, barley and other crops as a dessicant

Quaker Oats admits that its oats are sprayed with glyphosate by farmers. This fact is a total shock to most consumers who are completely unaware that glyphosate is now routinely sprayed on non-GMO crops. Via the NY Times:

In a statement, the Quaker Oats Company said that it did not add glyphosate during any part of the milling process but that it might be applied by farmers to certain grains before harvest... Oats are not a genetically engineered crop. But glyphosate is increasingly being used as a “dessicant” to dry out crops to speed harvesting. [bold mine]

The Quaker Oats company, apparently staffed by people who are scientifically illiterate, believes it can "wash off" the glyphosate even though it's already soaked into the oats. As the NY Times continues:

The company said it puts the oats it receives through a cleansing process. “Any levels of glyphosate that may remain are trace amounts and significantly below any limits which have been set by the E.P.A. as safe for human consumption,” the company said.

But one thing I've come to learn as a food scientist -- I'm the lab science director of CWC Labs and the author of Food Forensics -- is that glyphosate survives food washing and food processing! That's how it ends up fully intact in beer, cereals and other products.

"Glyphosate residues are neither removed by washing nor broken down by cooking. The herbicide residue remains on food for more than a year, even if processed, dried, or frozen." - The Dirt Cure Growing Healthy Kids with Food Straight from Soil by Maya Shetreat Klein MD.

[Edit] On a more positive note, at least one major oat buyer has chosen to no longer accept oats sprayed with Roundup: "Major Oat Buyer Now Rejects Oats With Monsanto’s Glyphosate" [this article was from 2015, before the above article]

Major oat buyer Grain Millers, based in Western Canada, announced that it will no longer source oats that have been coated with glyphosate.

“In an April 20 memo to Prairie oat growers, Grain Millers said the new policy was ‘driven by functional performance attributes of finished products manufactured from oats known to have been treated with glyphosate and by customer demand.’ [1]

 

For years scientific data has conclusively proven that the primary active ingredient found in Monsanto’s best-selling herbicide Roundup — glyphosateis highly toxic to plants, dangerous to animals, and can be detrimental to human health. Unfortunately, Roundup (as well as other glyphosate-containing herbicides) also happens to be the world’s number one weed killer with no signs of slowing down … until now.

One major oat buyer has now stepped forward to reject glyphosate-treated oat crops. Having consistently experienced and seen the actual damage that Roundup does to the oat crop, Grain Millers has rejected it.

Why would any company accept such an inferior food product when organic alternatives are readily available? Likewise, why would oat farmers continue to pay for herbicide applications which cause such obvious and predictable damage to their yearly harvests?

But seemingly more importantly (to companies, at least), why would companies continue to choose pesticides and GMOs when consumers are demanding organic and non-GMO? This is actually the driving force behind the recent changes instituted by many companies.

Here’s what repeatedly happened to annual oat crops treated with glyphosate:

“Terry Tyson, Grain Millers procurement manager in Yorkton, Sask., said the company has been considering this policy for a few years.

About three years ago they started to notice problems with oat groat quality, which resembled frost damage, but weren’t sure about the cause.

‘When mills cut, flake or roll the groat, it is chalky, it’s brittle, it breaks apart and the finished product doesn’t make spec, in terms of granulation or absorption,’ Tyson said.

‘The groat integrity is affected much like an early frost affects groat integrity…. (But) frost damage you can see on the groat. You can control it… by rejecting a truckload or carload…. The damage with this issue is somewhat subtler.'” [1]

Now to see if Grain Millers makes oatmeal that a mom can feed her children without a guilt-complex....

 

Edwardelinski's picture
Edwardelinski
Status: Gold Member (Offline)
Joined: Dec 23 2012
Posts: 309
Panama Papers whistleblower revealed

The person responsible for the leak of the Panama Papers has come forward.For the time being he is going by John Doe.He claims to be motivated by income inequality.If he is granted immunity from prosecution he will reveal his name.The article can be found at panamapapers.icij.org He also explains why it hasn't been covered in the press for anyone interested.Better to read it for yourself than have some blog nut lift a few sentences and create the latest conspiracy.

sand_puppy's picture
sand_puppy
Status: Diamond Member (Offline)
Joined: Apr 13 2011
Posts: 1755
Potato tutorial on PP

I just found this tutorial from PP 2013 written by Woodman on how to grow potatoes.  Very helpful.

http://www.peakprosperity.com/blog/growing-your-own-potatoes/66508

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