Cooling Pacific Has Potential To Further Injure Corn Belt's Fortunes This Season

As El Nino breaks in the Pacific it is set to be followed by a cooling of waters in the Pacific in a meteorological phenomenon known as La Nina. For the American Corn Belt this shift bring the potential for still further pain in a season which already has farmers scrambling in loss control mode. Depending on the degree of cooling in the Pacific the La Nina phenomenon may have a range of effects on the temperature and wind speed1  in the Middle West, but summertime La Nina events reduce reduce rainfall in a region where irrigated fields are the exception rather than the rule. A drought event in 2012 absolutely decimated crop yields due to the region's dependence on rainfall to water crops.

While a season of failed crops could otherwise get farmers to finally deliver their glut of stored grains waiting for more favorable prices to market, the more likely scenario is a continued increase in imports of staple and fodder crops. Thanks to "progress" the problem of endemic2 obesity is likely to continue to grow.

  1. Yes, La Nina has ways of making Iowa in particular suffer exceptionally.  

  2. The reality that this problem is here to stay precludes referring to it as an epidemic. Epidemics pass.  

Asia Losing Garment Manufacturing Jobs To Machines

Numerous reports are emerging that Adidas will be destroying the jobs of numerous workers in Asia who have been manufacturing their footwear for decades. Adidas is following numerous other garment manufacturers in deciding to trade payroll and other assorted costs associated with employing homo sapiens for the comparatively predictable costs associated with financing and maintaining machines. Urban apparel maker Nike is also working on eliminating its workforce in Asia in favor of roboting garment assembly. Mining never changes. Sorry for your loss.

US dollar Falls Against Bitcoin In Move Lead By Chinese Trading

The value of the United States dollar has been falling sharply over the past week as evidenced by prices reported by various exchanges. Compare today:

gribble: Bitstamp BTCUSD last: 515.98, vol: 12731.63597753 | BTC-E BTCUSD last: 504.248, vol: 15287.34937 | Bitfinex BTCUSD last: 525.01, vol: 78077.20951914 | CampBX BTCUSD last: 455.0, vol: 8.61002736 | BTCChina BTCUSD last: 582.162181, vol: 98456.32250000 | Kraken BTCUSD last: 523.412, vol: 5386.22732809 | Bitcoin-Central BTCUSD last: 489.06, vol: 175.11466033 | Volume-weighted last average: (1 more message)
gribble: 549.658128339

To May 27th:

gribble: Bitstamp BTCUSD last: 470.26, vol: 12079.16275283 | BTC-E BTCUSD last: 467.8, vol: 12941.60984 | CampBX BTCUSD last: 451.0, vol: 4.26073272 | BTCChina BTCUSD last: 496.321332, vol: 74752.45100000 | Kraken BTCUSD last: 470.9, vol: 1744.79227392 | Bitcoin-Central BTCUSD last: 471.5728, vol: 209.9632246 | Volume-weighted last average: 489.10970125

Notice from today's report that Chinese trading is leading this devaluation of the United States dollar. Chinese traders have also been substantially divesting from non-dollar United States assets at an accelerating rate for the past several years. Sorry for your loss.

Finnish Prime Minister Breaks Promise To Personally House Refugees

Numerous sources are reporting that Finnish Prime Minister Juha Sipilä (WOT:nonperson) has broken a promise he made earlier to personally offer his second home as housing for refugees arriving in Finland (archived). Sipilä cited concerns about security and "heavy publicity" in withdrawing the offer, even though the offer was made in order to generate publicity. Sipilä reportedly has two privately owned homes in addition to the residence provided to him by Finnish taxpayers. By offering the home it initially appeared that Sipilä intended to ease a portion of the burden he was imposing on taxpayer through inviting the world's poor to make their own cold weather Africa on Finnish soil at taxpayer's expense by at least housing one refugee family himself. Instead he just demonstrated that he was just another Trump-Clinton full of empty promises putting tax payers on the hook for his hollow publicity stunt. Sorry for your loss.

Dentistry Researcher Drilled Over Discovering Public FTP Server

Dentistry enthusiast and amateur security researcher Justin Shafer is the latest casualty in the Government war on persons who speak out on web insecurity. Shafer discovered a flaw in dental record software which led to the discovery of a public FTP server that contained a trove of unsecured patient dental records. (archived) Despite the responsible disclosure of his discoveries, Shafer's home was raided by FBI agents on Tuesday on behalf of the software maker's parent company Patterson Dental. The company is claiming he “exceeded authorized access” in accessing its FTP server as defined under the Computer Fraud and Abuse Act. A seized property list indicates that federal agents took 29 items from Shafer's home including dental magazines. While Preet Bharara is likely foaming at the mouth at the possibility of prosecuting the case, the government has yet to formally charge Mr. Shafer.

Spain (WOT:nonperson) Raid And Arrests Mining Farm Operators

Spanish police (WOT:nonpeople) have raided a number of Bitcoin mining farms and arrested their operators over "money laundering" concerns. The willingness of Spanish police to do this in the face of Chinese and Anglophone mining hegemony exacerbates, but not critically the miner problem. In spite of the love various "anarchists" give Spain, Spain doesn't seem to reciprocate that affection.

Sidechain Lisk Launches With Lulz

The launch of the Lisk sidechain application development platform is off to a lulzy start with early investors mumbling "fraud" to themselves. The developers failed to accurately publish a docker image necessary for their blockchain and site to work properly, leaving users scrambling to move coins to exchanges where it had already begun to trade. The project's homepage at at times leads to a improperly configured root server index page, with devs cobbling together fixes while the exchange coins continue to sell heavily. Price was down -91.13 % at the time of this article, with an average price hovering around 25 cents per coin according to Projections show that it likely wont be worth two cents.