Daily Digest 3/20 - FBI Probing Trump-Russia Ties, How Bankers Exploit The Economy
The Attorney General under Roosevelt, Francis Biddle, wrote in his autobiography that the one thing he was ashamed about was prosecuting the Trotskyists, because by no stretch of the imagination were they a threat to the government. As a matter of fact the Farmer-Labor governor of Minnesota, Floyd B. Olsen, called in the national guard after the police force broke up the marches and demonstrations by shooting strikers. The police were the ones using force and violence; the strikers were not. Olsen said that he hoped capitalism would go right to hell.
The fundamental reason for a cryptocurrency such as Bitcoin or an Altcoin to exist is to serve its users, the only reason why users will engage with an altcoin is, if it is solving a problem they have. Some Altcoins promise to solve problems we did not know we had, for example, LBRY is creating a pay-to-view content system, while others such as Crown Coin, Dash and deCRED are variants of Bitcoin. They are solving the same key problem in different ways. An investor needs to predict who will be the best at it.
Populist Politics And The Dutch Elections (James W.)
The Telegraph notes that the anti-immigrant parties of the Right now command 45% of the overall vote, almost half of the Dutch electorate. Yet the Netherlands, despite issues with the integration of a growing Muslim minority, has a successful economy, low unemployment and no recent history of jihadi terrorism. If anti-immigrant and populist politics can enjoy such success in the Netherlands, one must wonder how Le Pen will perform in the up-coming presidential elections as the metrics are far worse in France. A series of horrific jihadi terror atrocities, high youth unemployment, a stagnating economy and a deep national malaise provides fertile territory for her goal of becoming the next occupant of the presidential Élysée Palace.
Comey said he was taking the unusual step of confirming an ongoing investigation, though he cautioned he would not be able to discuss many details of what remains a classified probe. Given the high public interest in the outcome of the inquiry, he told members of the House Intelligence Committee that he will pursue the investigation “wherever it may lead.”
In Gold We Trust (Tiffany D.)
Those tuned into the long-standing benefits of gold will just go about quietly bolstering their holdings — comfortable in the knowledge that in the event of a sudden shock to the markets, they will have a shiny plating of precious-metal protection insulating their portfolio.
That’s why I urge you to add gold to your holdings if you haven’t already — and not just gold, but physical gold.
Bannon and Rebekah Mercer have become particularly close political partners. Last month, when Bannon denounced “the corporatist, globalist media” at the Conservative Political Action Conference, in his first public appearance since entering the White House, Rebekah Mercer was part of his entourage. Bannon supports some initiatives, such as a major infrastructure program, that are anathema to libertarians such as Robert Mercer. But the Wall Street Journal has described Bannon joking and swearing on the deck of the Mercers’ yacht, the Sea Owl, as if he were a member of the family. Bannon assured me that the Mercers, despite all their luxuries, are “the most middle-class people you will ever meet.”
Can NYC Reach Its Renewable Energy Storage Goals? (Michael K.)
Currently, the New York Fire Department is working in collaboration with Consolidated Edison to develop plans and safety standards for these behind the meter systems. It is clear that the city anticipates the adoption of these types of energy infrastructure projects, however, the next step is identifying which route it takes, and whether that route is resilient solar. Many of the barriers are regulatory in nature, so simple regulation reform can pave the path more clearly.
Essentially the globalized market shall collapse when the US loses control of such, which now appears inevitable in the near future. Below are charts supplied by the US Government via the Energy Information Agency. These charts track total gasoline sales to end users by US refiners. End users includes bulk consumers, such as agriculture, industry, and utilities, as well as residential and commercial consumers. Data for recent years is being withheld for most states; but the broader picture is quite clear...
Gold & Silver
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."