Thursday, January 25, 2018


News Links, January 26, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
State Efforts to Facilitate Ownership of Gold and Silver Ramp Back Up in 2018 (US)
Many state legislatures kick off their 2018 sessions this month and that means continuing efforts to facilitate gold and silver ownership at the state level.
Ford says commodities prices hurt, needs to be 'far fitter'
Ford Motor Co on Wednesday posted a lower-than-expected quarterly net profit, hurt by rising commodity costs and unfavorable currency exchange rates, and said it expected more pain to come from higher raw material prices in 2018.

## War on cash/cashless society ##
First Major Company to Support Bitcoin Payments Throws in the Towel
Bitcoin is too slow and costs too much to use in transactions. Why bother?
Buffett, of all people. -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
A National Defense Strategy of Sowing Global Chaos
In the new U.S. National Defense Strategy, military planners bemoan the erosion of the U.S.'s "competitive edge," but the reality is that they are strategizing to maintain the American Empire in a chaotic world.
Turkey to U.S.: End support for Syrian Kurd YPG or risk confrontation
Turkey urged the United States on Thursday to halt its support for Kurdish YPG fighters or risk confronting Turkish forces on the ground in Syria, some of Ankara's strongest comments yet about a potential clash with its NATO ally.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protesters break through security in Davos to march against Trump and the WEF

## Energy/resources ##
We must fix the broken water cycle before it dooms civilization—again
The massive water systems that undergird our civilization involve a Faustian bargain: They allow us to control water to suit our needs, but in doing so they break the water cycle—the natural storage, cleansing and flow of water in healthy forests, rivers, soils, wetlands, and aquifers.
Unfortunately, the article studiously avoids the matter of human overpopulation. -- RF
As the article point out, the shale-drilling industry has never been profitable, even when oil was at $100/bbl. So don't hold your breath. And as I've observed, shale drilling is a sign of energy desperation. If there were any profitable oil left in the US, the industry would have better things to do than drill for shale oil, so the fact that they are going all-out on this junk oil shows how critical the situation has become. -- RF
In addition to the problems cited, the energy yield of biofuels is, in the first place, too low to support industrial societies. The real purpose of biofuels is just to push money around. -- RF
What's green about EVs powered by nuclear reactors? -- RF

'Never get high on your own supply' – why social media bosses don't use social media
Developers of platforms such as Facebook have admitted that they were designed to be addictive. Should we be following the executives' example and going cold turkey – and is it even possible for mere mortals?
Thousands Of FBI Phones Hit By Same "Glitch" Blamed For Lost Strzok-Page Texts
In other words, according to the FBI, it was Samsung's fault that thousands of text message between employees of the world's premier law enforcement organization during an especially sensitive period, went missing.
Mastercard Pushes Biometrics, Banks Follow
Biometric authentication "will be of great benefit to everyone."
And remember: You can change your password any time, and any number of times. But you cannot change your fingerprints or your iris. -- RF
George Soros: It's 'only a matter of time' before dominance of Facebook and Google is 'broken'
Billionaire investor George Soros called Facebook and Google a "menace" and "monopolistic" at a dinner in Davos.
"Son Of A Bitch Got Fired!": Joe Biden Brags He Forced Ukraine To Fire Key Official In Exchange For Money
Former Vice President Joe Biden just casually dropped a bombshell admission that he personally and directly intervened in Ukraine's governance, boasting on stage during an event hosted by the US Council on Foreign Relations (CFR) that he got a high Kiev government official removed essentially at the snap of his fingers.

## Propaganda/censorship/fake news/alternative facts ##
Pope Francis denounces 'fake news,' calls on journalists to 'communicate the truth'

This is exactly the kind of idiocy one expects from brain-dead growth advocates. "Science cannot pinpoint the reason why human reproduction is no longer possible, and it's at a loss how to fix it. Without hope for the future, society descends into moral darkness," writes the author in an ominous tone meant to scare us into mindless procreation. The claim that "human reproduction is no longer possible" is clearly false, as people all over the planet are still making lots of babies, and there are still so many humans that other species are being evicted from the planet in droves. As I've repeatedly observed, people are reproducing less because the energy needed for childraising in industrial societies is now too expensive. Therefore, birthrates will continue declining for the time being. -- RF
Can We Finally Have an Honest Discussion about the Opioid Crisis?
The economy no longer generates secure, purposeful jobs for the working class, and so millions of people live in a state of insecure despair.
Snowy cold snap strains Tokyo's power grid and highways
Tepco calls in 'negawatt' contracts for conserving energy
Plug-in vehicles not yet straining U.S. grid
A federal study said alternative vehicle use would have to increase substantially to see an impact, but there may already signs of local strains during peak demand.

And finally...

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