Daily Digest

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Daily Digest 1/10 - Locating Facism At Home, Extinct Supercow Returning To Europe

Tuesday, January 10, 2017, 11:19 AM

Economy

Hundreds of Colleges Saddling Students With Unaffordable Debt, Feds Say (jdargis)

The Education Department evaluated typical student debt and earnings information for some 1.2 million recent graduates across 8,637 such programs. About 95 percent of 2,042 at-risk vocational programs are at for-profit colleges, the department said. They range from law schools and master's degree programs to undergraduate certificates. Steve Gunderson, who leads Career Education Colleges & Universities, the for-profit college trade group, blasted the department as politically motivated and seeking to destroy colleges.

Locating Fascism on the Home Map (Don R.)

If you are searching for the real meaning of fascism in the superpower under late stage capitalism, you will find it in the nexus between the presidencies of Obama and Trump. Donald Trump’s fascism is the vintage kind that held sway for 70 or 80 years in Dixie under Jim Crow. Still stuck in apartheid, it seems inflexible, crude and petty, too ugly for global prime time. In some ways, this kind of fascist’s ambitions have shrunk to U.S. territorial size, or less.

Third World Employment Is Here (Tiffany D.)

Over 45% of South African adults have no formal job or do temporary piecework when they can. Millions of people depend on this slender thread for their daily survival. To keep the pot from boiling over, the government has been forced to expand an expensive system of welfare payments. The costs of not doing so — in terms of crime, policing and fleeing investors — would be even higher.

Is this life coming to the U.S.? The signs sure point to it.

US Supreme Court loaded with First Amendment cases (jdargis)

Meanwhile, the justices are scheduled to hear another First Amendment case, Lee v. Tam, on January 18. The case essentially asks whether federal intellectual property regulators can bar people from trademarking an offensive name.

Oil Drops As Signs Of Rising U.S. Output Offset OPEC Optimism (Josh O.)

On Friday, oilfield services provider Baker Hughes reported a 7-rig increase in the first week of 2017 to the number of active oil and gas rigs in the United States, bringing the total number of active oil and gas rigs in the United States to 665, with the oil rig count up to its highest point in a year. Last week marked 11 straight weeks of oil rig increases, and 9 straight weeks of gas rig increases.

The wild, extinct supercow returning to Europe (Adam)

Conservationists now believe the loss of the keystone herbivore was tragic for biodiversity in Europe, arguing that the aurochs' huge appetite for grazing provided a natural "gardening service" that maintained landscapes and created the conditions for other species to thrive.

The theory is now being put to the test, as a "near 100% substitute" of the beast is returned to the forests.

Obama in Science: Clean energy will happen whether you like it or not (jdargis)

The president notes that momentum is also found on the labor side of the energy equation. Approximately “2.2 million Americans are currently employed in the design, installation, and manufacture of energy-efficiency products and services,” he writes, as opposed to “roughly 1.1 million Americans who are employed in the production of fossil fuels and their use for electric power generation.” The president adds that fossil fuel industries receive nearly $5 billion in federal subsidies a year, “a market distortion that should be corrected on its own or in the context of corporate tax reform.”

Human-Driven Global Warming Is Biggest Threat to Polar Bears, Report Says (jdargis)

The iconic Arctic species is threatened by the loss of sea ice resulting from rising global temperatures, the Fish and Wildlife Service warned.

Gold & Silver

Click to read the PM Daily Market Commentary: 1/9/17

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."

5 Comments

Time2help's picture
Time2help
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The Farmhouse

newsbuoy's picture
newsbuoy
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Time2help's picture
Time2help
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Interesting twist on MH17

Dutch journalists detained, material confiscated, after returning from Donbass (DONi News Agency)

Quote:
Two journalists from the Netherlands, Michel Spekkers and Stefan Beck, were detained by Dutch officials when they were returning back to Amsterdam from a working trip in the Donbass People's Republics. Officially accreditated journalists were collecting materials for over a week about downing of the MH17 in 2014, and making other documentary materials about the life in the Donetsk and Lugansk People's Republics.

The official DONi News Agency in Donbass confirms the information, that Spekkers and Beck had valid documents and official support to conduct investigative journalism in the Lugansk and Donetsk People's Republics. They had also made an interview with DONi News director, Janus Putkonen, while they were visiting Donetsk during the New Year holidays.

All of the equipment, personal and working materials, laptops, phones, cameras, memory sticks were confiscated from the journalists by Dutch security officials immediately on their arrival. They were informed, that "such documentary material from the MH17 issue is illegal".

thc0655's picture
thc0655
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Posts: 1328
US is behind India's "experiment" in the cashless society

http://www.thedailysheeple.com/forced-cashless-society-the-us-is-behind-indias-brutal-demonetization-project_012017

...On November 8, Indian prime minster Narendra Modi announced that the two largest denominations of banknotes could not be used for payments any more with almost immediate effect. Owners could only recoup their value by putting them into a bank account before the short grace period expired. The amount of cash that banks were allowed to pay out to individual customers was severely restricted. Almost half of Indians have no bank account and many do not even have a bank nearby. The economy is largely cash based. Thus, a severe shortage of cash ensued. Those who suffered the most were the poorest and most vulnerable. They had additional difficulty earning their meager living in the informal sector or paying for essential goods and services like food, medicine or hospitals. Chaos and fraud reigned well into December.

Four weeks earlier

Not even four weeks before this assault on Indians, USAID had announced the establishment of “Catalyst: Inclusive Cashless Payment Partnership“, with the goal of effecting a quantum leap in cashless payment in India. The press statement of October 14 says that Catalyst “marks the next phase of partnership between USAID and Ministry of Finance to facilitate universal financial inclusion”. The statement does not show up in the list of press statements on the website of USAID (anymore?). Not even filtering statements with the word “India” would bring it up. To find it, you seem to have to know it exists, or stumble upon it in a web search. Indeed, this and other statements, which seemed rather boring before, have become a lot more interesting and revealing after November 8.

Reading the statements with hindsight it becomes obvious, that Catalyst and the partnership of USAID and the Indian Ministry of Finance, from which Catalyst originated, are little more than fronts which were used to be able to prepare the assault on all Indians using cash without arousing undue suspicion. Even the name Catalyst sounds a lot more ominous, once you know what happened on November 9...

Why Washington is waging a global war on cash

The business interests of the US-companies that dominate the gobal IT business and payment systems are an important reason for the zeal of the US-government in its push to reduce cash use worldwide, but it is not the only one and might not be the most important one. Another motive is surveillance power that goes with increased use of digital payment. US-intelligence organizations and IT-companies together can survey all international payments done through banks and can monitor most of the general stream of digital data. Financial data tends to be the most important and valuable.

Even more importantly, the status of the dollar as the worlds currency of reference and the dominance of US companies in international finance provide the US government with tremendous power over all participants in the formal non-cash financial system. It can make everybody conform to American law rather than to their local or international rules. German newspaper Frankfurter Allgemeine Zeitung has recently run a chilling story describing how that works (German). Employees of a Geran factoring firm doing completely legal business with Iran were put on a US terror list, which meant that they were shut off most of the financial system and even some logistics companies would not transport their furniture any more. A major German bank was forced to fire several employees upon US request, who had not done anything improper or unlawful.

There are many more such examples. Every internationally active bank can be blackmailed by the US government into following their orders, since revoking their license to do business in the US or in dollars basically amounts to shutting them down. Just think about Deutsche Bank, which had to negotiate with the US treasury for months whether they would have to pay a fine of 14 billion dollars and most likely go broke, or get away with seven billion and survive. If you have the power to bankrupt the largest banks even of large countries, you have power over their governments, too. This power through dominance over the financial system and the associated data is already there. The less cash there is in use, the more extensive and secure it is, as the use of cash is a major avenue for evading this power.

Arthur Robey's picture
Arthur Robey
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The Auroch

So now you want the Aurochs back?

Us Neanderthals were there for up to 800 thousand years before you lot showed up.
We kept a neat, productive ecology.
You "Sapiens" are just plain incontinent.
You have no control over your alimentary canal. Your vagas nerve dominates your brain.

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