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Daily Digest 6/27 - How American Politics Went Insane, The Solar System's Most Livable Places

Monday, June 27, 2016, 10:20 AM

Economy

Judge Says FBI Can Hack Computers Without A Warrant Because Computer Users Get Hacked All The Time (Wendy SD)

But that questionable legal theory is nothing compared to those handed down in Judge Henry Coke Morgan Jr.'s denial [pdf] of several motions by Matish. As the judge sees it, the FBI really didn't even need a warrant. Morgan Jr. says there's no expectation of privacy in an IP address, even if Tor is used to obscure it, which follows other judges' conclusions on the same matter. However, Morgan Jr. goes much further.

How American Politics Went Insane (blackeagle)

It’s 2020, four years from now. The campaign is under way to succeed the president, who is retiring after a single wretched term. Voters are angrier than ever—at politicians, at compromisers, at the establishment. Congress and the White House seem incapable of working together on anything, even when their interests align. With lawmaking at a standstill, the president’s use of executive orders and regulatory discretion has reached a level that Congress views as dictatorial—not that Congress can do anything about it, except file lawsuits that the divided Supreme Court, its three vacancies unfilled, has been unable to resolve.

Central Banks Worry About Engaging World Markets After ‘Brexit’ (jdargis)

Some economists warn that the policies largely favored by the banks could further alienate the public and increase the frustration that encouraged Britons to vote for leaving the European Union.

Brexit May Well Never Happen (jdargis)

So it will be tempting for Johnson (or whoever replaces Cameron) to kick the can down the road a bit. Perhaps he’ll announce a blue-ribbon commission—with experts on European law, and trade policy, and representatives of all the sectors of British industry—to “determine exactly what it is that we’re going to be seeking and in what timescale.” (Such a dilatory strategy would benefit from the fact that EU law is incredibly tedious; everyone would start ignoring the discussion very quickly.) What if the commission meets for six months and then delivers a report to Parliament, which then wants to engage in its customary vigorous debate?

Voters in one fading port town wonder if they were misled about Brexit (jdargis)

Few places voted more decisively to leave the European Union than Tilbury, one of the poorest places in England. But for many in this town of 12,000, excitement from the referendum result has already started to vanish.

World going to hell? Here are the Solar System’s five most livable places (jdargis)

Mars is the obvious choice. It is close enough for humans to travel to with existing propulsion technologies within about six to nine months. The planet also has soil, surface ice at the poles, and liquid water below ground at lower latitudes. There is enough sunshine to provide solar power. The thin Martian atmosphere provides a modicum of protection from cosmic and solar radiation. All of the above factors suggest that humans could build a somewhat sustainable colony over time on Mars, although it would largely be an indoors existence.

OPEC’s Pain Is Only Getting Worse As Revenues Continue To Fall (Josh O.)

Worse still for OPEC is the fact that revenues could fall even further this year, as low oil prices sank to new depths, particularly in the first quarter of 2016. The EIA projects OPEC revenues this year to drop to $341 billion. That will result in per capita oil export revenues in OPEC countries falling from $606 in 2015 to $503 this year.

Can We Predict When We Will Die? (jdargis)

What distinguished late life from the rest of adulthood is its unique pattern of mortality. The year-on-year rise in death rates that are a feature of adulthood don’t apply in late life. Whereas a 60-year-old has a much higher chance of imminent death than a 50-year-old, a 90-year-old has roughly the same chance of dying as a 100-year-old.

Gold & Silver

Click to read the PM Daily Market Commentary: 6/24/16

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."

4 Comments

sand_puppy's picture
sand_puppy
Status: Diamond Member (Online)
Joined: Apr 13 2011
Posts: 1924
Weightlifting accidents

A former president of the U.N. General Assembly, John Ashe, awaiting trial in a bribery scandal died in a weightlifting accident when a barbell he was lifting from a bench dropped on his neck, an autopsy revealed Thursday.   Ashe was due in court Monday with his Chinese businessman co-defendant Ng Lap Seng, who is charged with smuggling $4.5 million into the US since 2013 and lying that it was to buy art and casino chips.  During the trial, the prosecutors would have linked Ashe to the Clinton bagman Ng. 

Ng was identified in a 1998 Senate report as the source of hundreds of thousands of dollars illegally funneled through an Arkansas restaurant owner, Charlie Trie, to the Democratic National Committee during the Clinton administration.

It would have been very embarrassing. His death was conveniently timed.

Sometimes the associates of the elites are inattentive to issues of personal safety.

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4165
Thirty central bank governors pledge to maintain stability

Thirty central bank governors pledge to maintain stability in markets after Brexit: Indonesia central bank

Reuters - ‎9 hours ago‎
JAKARTA Thirty central bank governors from around the world pledged to maintain stability in financial markets at an annual meeting of Bank for International Settlement in Basel, after Britain voted to leave the European Union, Indonesia's central bank ...

Hoarding Cash in Vaults Seen More Attractive After Brexit Vote

Bloomberg-6 hours ago
“Storing physical cash as an alternative to paying negative interest rates does look increasingly attractive,” Chief Financial Officer Immo Querner said in an ...

JGBs yield curve flattens on Brexit, long yields hit record lows

Reuters-7 hours ago
Such expectations of low global growth and evaporation of yields due to negative interest rates in Europe and Japan are pushing down bond yields globally.

EconomyECB accelerates corporate bond buying

Financial Times - ‎30 minutes ago‎
The European Central Bank has hoovered up nearly €5bn of corporate bonds in under three weeks, as it ramps up the pace of its latest stimulus measures. Data detailing its purchases running from June 20- 24 show the ECB bought €2.7bn of bonds in its ...

China May industrial profit growth slows to 3.7 percent year-on-year

Reuters - ‎10 hours ago‎
The central government will earmark 27.64 billion yuan to help local governments pay for capacity closures in these two sectors this year. China's top ... Chinese industrial firms' debt at the end of May was 4.9 percent higher than at the same point ...

Brazil loan defaults jump in May, led by corporate ...

Reuters-32 minutes ago
Early default ratios, or loans in arrears between 15 days and 90 days, rose ... negotiating with creditors ways to obtaining some debt relief as their revenue falter.

Greenspan: This Economic Environment Ends in Inflation

Bloomberg-59 minutes ago
Former Federal Reserve Chairman Alan Greenspan explains why he expects the U.S. economy to experience inflation. He speaks with Bloomberg's Michael ...

New Jersey's pension apocalypse is looming

New York Post - ‎15 hours ago‎
New Jersey owes $144 billion in unfunded pension and health benefits — more than four times the state budget. Understand: New Jersey is one mild economic downturn away from not being able to make payments to retirees, whether it wants to or not.

Goldman Sachs forecasts UK recession in 2017, downgrades global growth forecasts

CNBC (subscription) - ‎14 hours ago‎
The U.K. is likely to enter a "mild recession" by early 2017, following its vote leave the European Union (EU), Goldman Sachs economists wrote in a report released Sunday. The bank's economists also downgraded its global growth forecast by 0.1 ...

 

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

sp, that story looked "too good to be true", and i was a bit suspect of that site hiddenamericans.com so i looked it up.

snopes disputes its accuracy:

http://www.snopes.com/un-official-john-ashe-killed-the-day-before-he-was...

i hate to come out defending clinton, who is a monster, and maybe she was behind the death, but getting the facts right is important, and it doesn't sound like hiddenamericans got it right.

sand_puppy's picture
sand_puppy
Status: Diamond Member (Online)
Joined: Apr 13 2011
Posts: 1924
Weightlifting accident story accuracy

John Ashe's weightlifting accident:

As I look around the web I am finding broad support for the version of the story I posted, rector.

http://pagesix.com/2016/06/26/disgraced-ex-un-officials-death-convenient...

http://www.cnn.com/2016/06/22/us/united-nations-john-ashe-dies-while-awa...

https://www.washingtonpost.com/world/the_americas/john-ashe-a-former-un-...

http://www.nydailynews.com/news/national/disgraced-u-n-leader-john-ashe-...

These reports seem to agree on the basic outlines of the event as it is reported.

  • Ashe was scheduled for trial in bribery case.
  • He brought money into the Democratic National Committee.
  • He would have pointed out the person who collected the "donations" as Ng. (the Clinton "bagman")
  • He died suddenly.
  • Initial cause of death was reported as a heart attack.
  • Later amended to traumatic asphyxia due to crushed trachea.
  • The crushed trachea event was attributed to "a weight lifting accident."

--------

The only differences in reports I am seeing are:

1.  was schedule to "testify against Hillary Clinton" statements in the headlines, where he was going to testify about the "collection of bribery moneys by the Democratic National Committee during the Clinton administration."  He would have identified Ng as the "bagman" (Arkansas restaurant owner Charlie Trie and Ng are already closely associated with the Clintons).

2.  "scheduled to testify again Clinton that day" --where the trial was not set to start for 5 more days.

-------

I don't value snopes.com as the last word or go to it for "the truth."

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