Daily Digest 11/26 – Singapore’s ‘Fake News’ Law Comes Into Effect, Retire Early To Save The Planet?

Economy

El Mencho’s American Empire: Mexican drug lord’s super cartel infiltrates U.S. small towns (Sparky1)

CJNG’s rapid rise heralds the latest chapter in a generations-old drug war in which Mexican cartels are battling to supply Americans’ insatiable demand for narcotics.

A nine-month Courier Journal investigation reveals how CJNG’s reach has spread across the U.S. in the past five years, overwhelming cities and small towns with massive amounts of drugs.

‘Chilling’: Singapore’s ‘fake news’ law comes into effect (TS)

Authorities in the tightly controlled country – long criticised for restricting civil liberties – insist the measures are necessary to stop the circulation of falsehoods that could sow divisions in society and erode trust in institutions.

But the laws have sparked outrage from rights groups, who fear they could stifle online discussion, tech companies and media organisations.

UK General Election forecast – update (James W.)

In 2016, I wrote that “the Conservative Party is moving to bring on-board Labour voters, just as Donald Trump is doing with blue-collar Democratic voters, in the United States. You may hear a lot more in the coming years of the May Labourites and how they will bring an electoral landslide for the Tories at the next general election.” The Tories under the than Prime Minister May were embracing the rhetoric of a centre-left economic policy agenda and as a consequence enjoyed soaring polling ratings.

The Dutch Are Waking Up to Discover They Live in a ‘Narco State’ (Sparky1)

This is the Netherlands 2019, not Sicily 1992, but the assassination of a dedicated public servant like Wiersum attests to the sense of impunity gangsters in Amsterdam currently enjoy, and appears to be part of a strategy to intimidate not only Dutch state representatives but Dutch society as a whole.

Ironically, the Netherlands has seen a decrease in murders and overall violent crime, but there is a deep sense of urgency among Dutch police as they face the growing power of criminal networks on Dutch soil.

Bloomberg Bought Virginia Legislators Introduce Confiscatory Gun Ban (boomer41)

SB 16, introduced by Sen. Richard L. Saslaw, would create a total ban on commonly-owned semi-automatic firearms, like the AR-15. Even worse, the ban would even extend to common firearm parts. The restrictions included in the proposed legislation does not grandfather current owners. The legislation is clearly designed to be firearms confiscation, as current owners would be forced to dispossess themselves of their property or face a felony conviction.

Putin’s Push For Energy Dominance In Latin America (Michael S.)

For Russia, which is a nation where oil and natural gas are around 60% of exports and responsible for generating up to 30% of gross domestic product (GDP), the benefits are decidedly apparent. Even more so, when it is considered that Putin’s government is facing an economic crisis triggered by oil’s prolonged slump. Moscow has taken a surreptitious approach to extending its influence in a region long considered to be the U.S.’s sole domain. Venezuela’s economic collapse and failing oil industry, which is the nearly insolvent petrostate’s only source of export earnings and hard income, has forged the ideal environment for Russia to extend its influence in Latin America.

Retire early… to save the planet? (Little Pond)

Recent opinion (George Monbiot gives an example) champions collective action, and rejects individual consumer choices, not without good reason. “Buying green” is fantastic marketing, but an ecological wash. Although it arguably makes your laundry smell better, choosing Seventh Generation over Tide does not help the earth much. Even choosing a Tesla over a Corolla may not make a big difference.

Carbon dioxide in Earth’s atmosphere reaches record high, researchers say (TS)

“It is worth recalling that the last time the Earth experienced a comparable concentration of CO2 was 3-5 million years ago,” he said of the 407.8 parts per million milestone. “Back then, the temperature was 2-3 [degrees Celsius] warmer, sea level was 10-20 meters higher than now.”

Gold & Silver

Click to read the PM Daily Market Commentary – 11/25/2019

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