September 19, 2020 
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Topic:
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 By Rick

11/23/2010  5:40PM

Bluejay, yes! Spot on exchange...but how do we awaken the sleeping public?

I've been struggling with this forever. All of us aware of the "silent" fog descending upon free-America are screaming from the mountain-top, and yet, the fog advances.

We've been swaping perspectives and visions from this base-of-virtue for a while now, and yet when I look around me and see the vacuity blank-looks on people's faces with: "What? Isn't his about Hope?"...I am astounded that they are consumed in the fog, and all I say is "Nope."

We need to enact a strategy.
 By bluejay

11/20/2010  7:55AM

The lawmakers in Sacramento have financially destroyed the State.

From today's International Forecaster, written by Bob Chapman:

Municipal bonds have plummeted in recent days, as investors have suddenly focused on huge state and city budget deficits that there's no easy way to fix.
Nowhere has this collapse been more visible than California, which faces a massive $25 billion shortfall and red ink for as far as the eye can see.
After years in which every looming financial crisis has been met with a government bailout, you might think that the same solution awaits California, as well as all the other states that have huge obligations that they can't afford to meet.
But this time that may not happen, says Chris Whalen, a financial industry analyst and Managing Director of Institutional Risk Analytics.
In fact, Whalen thinks that California will default on its debt--hammering all the pension funds and other investors who have loaded up on apparently safe state bonds.
The state won't immediately default, Whalen says. It will start by issuing the same sort of IOUs that it issued to by itself time during its budget crisis last year. But, eventually, the debts will have to be restructured, and this will result in those who own California's bonds receiving less than 100 cents on the dollar.
Why won't California just get a bailout?
Because the Republicans now control Congress, Whalen says. And also because, if California gets bailed out, dozens of other states will immediately line up with their hands out. The public is fed up with bailouts, Whalen says--and eventually, the country will be forced to face up to its bad debts and write them off.
Of course, if Whalen is right, the country could have a major crisis on its hands. California is hardly the only state in trouble (click here to see the worst ones), and pension funds and other "safe" investments that Americans depend on will get hammered if states begin to default.
Fixing state and local obligations will also require the renegotiation of pensions and salaries that government workers have long since taken for granted. And they certainly won't give those up without a fight.
 By bluejay

11/16/2010  3:13PM

Check out a daily chart of California Municipal Bonds. This is the proof in the pudding that things are just not right, and its financial future is being seriously questioned by the market.

http://stockcharts.com/h-sc/ui?s=PCK&p=D&b=5&g=0&id=p78958660858&listNum=1&a=214327313
 By Rae Bell

11/15/2010  11:28AM

Here's what I found online today: "The EB-5 visa for Immigrant Investors is a United States visa created by the Immigration Act of 1990. This visa provides a method of obtaining a green card for foreign nationals who invest money in the Unites States. To obtain the visa, individuals must invest at least $500,000 creating at least 10 jobs".
I do know that in the past we had some individuals from Saudi Arabia who were interested in investing in the mine on this program, but it fell through. Perhaps we should look into a way of getting people to "sign up". There is a large list of companies that already offer this, so I'm not sure how successful it would really be. Nor can I tell from what I saw on the North Bay website whether or not the Ruby Folks actually already have investors or whether they are just requesting investors at this time. Maybe I missed something. Anybody?
 By martin newkom

11/14/2010  9:50AM

Who or what is EB-5 and who can
explain the Ruby Gold project.
Looks to me like an "end around"
attempt to do the inevitable.
 By Rick

11/13/2010  4:59PM

Seems unethical and un-equitable...so, and but, do we want to become beholden to the keepers of the public troughs?
 By bluejay

11/13/2010  12:45PM

What's going on here? Can we get a piece of the pie, too???

North Bay Resources Inc. (PINKSHEETS: NBRI) ("North Bay" or the "Company") is pleased to announce that Northern California Regional Center, LLC ("NCRC"), a USCIS-designated Regional Center under the federal EB-5 Program, has agreed to expand its scope to include mining projects in the counties of Sierra and Nevada in Northern California, and together with ACG Consulting, LLC ("ACG"), has agreed to sponsor North Bay's application to obtain $7.5 million for North Bay's Ruby Gold Project in Sierra County, California, through the EB-5 Program.
 By bluejay

11/11/2010  8:22PM

The following is from the November 10th, 2010 International Forecaster written by Bob Chapman:

China and Russia Join Germany in Scolding(Bernanke's QE-2); Obama Defends Move as Pro-Growth.

The G-20 summit that begins Wednesday night in Seoul is shaping up as a showdown between exporting powers, such as Germany and China, and nations such as the U.S. that are struggling to emerge from recession and high unemployment...

On Monday, China's Vice Finance Minister Zhu Guangyao said the U.S. isn't living up to its responsibility as an issuer of a global reserve currency...

QE-1 and QE-2 are smoke-screens, supposedly for jobs, but it's the banks that are really getting the money for building up their reserves because the reserves they really carry on their balance sheets really stink. The banksters aren't putting the money into the economy as few of them are making loans. The money gets funneled into trading markets for speculation, driving up commodity prices and costing us dearly at the supermarket.

I went into Safeway today to get some sugar and was shocked at the sugar prices and dismayed to discover that C & H Sugar had cut the size of their 5 pound bag to 4 pounds. It wasn't more than 4 or 5 months ago that Dove Ice Cream cut their 4 bars in a box to just 3 bars in each.

Our currency is slowly being debased. If you don't hold gold and silver for protection against this debasement then the supermarkets will be continuing in steadily requiring you to part with more and more of your money for the same thing.

I've seen enough. It's time to purchase the Costco plastic boxes and duct tape for rice, dried beans and such plus, stocking your shelves with other staples that you require. We could well be at the very early stages of hyper inflation thanks to the banker's influence over the Fed.
 By Rick

11/09/2010  5:41PM

Bluejay, your post on 11-2-10 is the BEST of the BEST of all time! (below)

Nice to read prosaic words from a usually very direct, objective writer of things absolutely spot-on (pun-intended)....that one is the best! I'm going to make a point to read it over and over, print it out for a convenient chance to share, and re-read and read again. Cracks me up, how true it is.

Regarding your mention of meddling, interference, limitations and obstructions....Let's all ask a simple question:

"Why do we need new laws tomorrow that we don't have today?"

Stop passing laws! Enough already anymore, all right? We don't need a tighter noose around our necks...in fact, let's cut the noose and get rid of them.
 By k.anderson3454

11/09/2010  3:16PM

I just love this thread. I never let a day pass without reading it.:)
 By bluejay

11/02/2010  1:29AM

Some thoughts today from the Casey Dispatch:

On the Institutional Level…
Since the dawn of human existence, people have grouped together. There’s safety in numbers, and the larger the group, the higher your odds of finding an agreeable mate – not to mention one that is not directly related to you.

From the earliest days of this lumping together, leaders have been selected – if for no other reason than to give the lumps someone to line up in front of while demanding they “do something” about one problem or another.

Noisy neighbors? Kid dragged off by a pride of lions, or the wife by some Lothario down the valley? It’s off to El Jefe to complain.

The top dog, in time supplanted by his or her shaman (shawomyn?), quickly learned to encourage the tribe in their belief that the leadership possessed superior problem-solving abilities, and then to use those beliefs to personal advantage. The world has never been the same since.

More than ever in today’s world – a world of enlightened democracy – we choose our leaders based on widely held beliefs that they can solve all that ails us. Unemployment may have replaced lions and Muslim extremists the Lothario down the valley – but the net result is the same: a lot of whining and demanding that the head honchos do something.

To state the obvious, doing something invariably involves taking some sort of action. Back in the old days, the sorts of action to be taken were fairly straightforward. Lions or Lotharios alike were a matter of rounding up the appropriate number of armed lumps and setting off with firm intentions.

When the shamans came along, the game evolved as the connection between problems and solutions became rather more vague. Volcano spewing hot ash over your crops? A somber dance around the evening fire or the tossing of virgins into the volcano’s maw might be called for – actions that brought no immediate results (unless you were the virgin, that is). In these instances, the shaman could only hope for the best or, if the solution failed to materialize, to try and change the subject.

In modern society, taking action is not nearly so simple and, in fact, is as often as not entirely and utterly counterproductive. “We want more jobs!” demand the lumps. “And while you’re at it, we want a new truck, too!”

Faced with being chased out of office and having to actually work for a living, the politicians now occupying the high seats at tribal council fold back their Italian cuffs and set about drafting a steady stream of legislation designed to solve society’s most pressing problems. Or, at least, the problems felt most pressing by a sufficient number of voters to assure the legislators’ victory in the next election.

Of course, this taking of action – and in a big society with big problems, we are talking about big actions with big consequences – runs contrary to the fundamental tenets of a free market and the rights of the individual. Simply, every new regulation in some way limits some market, just as every new tax or spending program benefits a favored group only by disadvantaging another.

While I can’t put my finger on the exact point in time that the U.S. government made the shift from a generally laissez-faire attitude to one of steady action – most often meddling, interference, limitations, and obstruction – but it’s been many decades now. And, of course, it’s not just the leaders of the U.S. who’ve been playing this destructive game, but El Jefes the world over.

It’s not surprising, therefore, that the world today finds itself in such a fix. Or, more specifically, finds itself with problems that can’t be solved by layering on even more government, at least not without triggering dire consequences.

And that, dear reader, is the good news.
 By bluejay

11/01/2010  10:22AM

In a disturbing video, "End of Liberty," let the truth be told. Check out what is happening to all of us, http://inflation.us/videos.html
 By Rockroby

10/16/2010  9:49AM

It's a must to keep Jerry Brown out of the Governors seat.He will do nothing to help the miners in California out,his power lies in the people that have created the mess we are in.
We need to open 100 of our gold mines up instead of filling then in.I count three publicly traded companies that are producing and about ten that are trying to become producers.
Meg might not be best but she is a business women and will help get California working again.
Jerry Brown is part of the problem,always has been and always will be,please tell everyone you know to get out and vote for Meg and keep this blood sucking leach from bleeding us dry........
 By Rick

10/05/2010  8:01PM

The root of this mess is the continued lie to the miss-informed....(I would call them ignorant, but that would be a misnomer, since they have been lied to)...but also, and the same, the voters in every election.

Here's the problem. Most regulation has roots within a FARCE, promoting the notion of global-negative-environmental-impact-by-humans. Who is for destroying a Planet, after all?

I began studying geologic history specifically to discover (no, UNcover) the truth about all doom the doom-sayers play upon us. Follow the money, and the control potential, to uncover the real reason.

There is no global threat created by humans. That is an ugly, narcisistic and conceited view humanity's importance. Within the context of the realistic and true analysis measuring extinction events, we humans are meaningless, and should not be fooled into believing such garbage.

"Hello, I'm here to sell you snake oil, to cure all ailments."....yes, that guy on the wagon in the mid 1850's ....

There have been many ice-ages, and subsequent warming ages, but this political fraudulent farce is trying desparately to not allow it to become known. Check within our public schools and you will find no mention of history in things geologic, but you will find lies that give environmental a front seat in importance. Ask your kids...they'll tell you the lies they've been taught.

And along the way, remember to check the State Unions who have a vested interest in keeping the farce alive.

We should be ashamed to get sucked into it all....fox guarding the hen-house......

Better put, ugly and disturbing as it is, the fake notion of an-Earth-in-peril has allowed The New Regulation "ambitions" of a controlling political opportunistic group of crooks to actually sway the heart-strings of people completely unaware of the truth.

I want to gag.
 By martin newkom

10/04/2010  10:27AM

We have too many people in our
gov'ts who come fresh out of
college with no sense of the REAL
world, only academics, and all
they do a good job of is to sit
and think and create trouble.
 By bluejay

10/04/2010  1:02AM

Rick

You speak the truth.

The City Council in our town just banned leaf blowers. Ever try raking oak leaves, especially when you live on an acre and a third? Government, wherever, just seems to be senseless in what they create at our expense.

Included below is one man's take on what's going on in Las Vegas with folks who went belly-up depending upon their elected representatives to safeguard them closely in monitoring the mortgage companies and the banks concerning their past practices:

From Patrick.net

(We)live in Vegas, we have 3 houses here and a condo. The houses are all underwater and with the condo, their only worth 45% of what we paid for them 5 years ago. We moved here from NY to save money. The house we're living in, we can't get enough rent for to make the mortgage, the other houses and the condo all even out and we don't have to put any money into them. The job situation here really sucks. The wife and I both work at home so it isn't a problem for us, but there are tons of unemployed people here and thousands of empty houses. At the beginning of every month, we see moving vans, it's a very transient place. Only 2 of our neighbors own their homes, everybody else is a renter.

Yet even with all the empty houses, they are STILL building more. You can buy a new house here for 1/3 the cost of houses that were built 10 years ago. I dunno who is buying them though. There are also hundreds of empty condo buildings around here. You can tell their empty as there are no lights on at night.

If you're thinking of moving here, DON'T!
 By Rick

10/03/2010  6:29PM

Clarity and wisdom for the future of California lies directly with us, who know the problem. Regulation is killing the private sector.

Regulation is cloaked in "good-deeds-for-all" as the truth is plain to see.....regulation is a demon, used to sway heart-strings for political motive.
 By bluejay

09/29/2010  11:47PM

In a recent CNBC interview Meredith Whitney says, based on her exhaustive research on the financial condition of the States, that California is hurting the most by a mile. At the other extreme, Texas is the best.

Ms. Whitney alerted the financial world of the dire condition over at CitiCorp months prior to the bank's shameful stock performance that almost hit zero, down from 50.

The bottom line appears quite likely that California's financial condition is far worse than the politicians are letting on. California Municipal bonds are an item that should not be in your portfolio.
 By bluejay

09/23/2010  3:17PM

The founder of Home Depot, Bernie Marcus, explains how disconnected Washington is to the small businessman and how they are being destroyed, contrary to the phony rhetoric that comes from that source.

http://www.cnbc.com/id/15840232?video=1593423311&play=1
 By bluejay

09/22/2010  1:18PM

Bernanke and Geithner come to mind after reading the true accounting of what really took place prior to the sinking of the Titanic.

http://news.yahoo.com/s/nm/20100922/lf_nm_life/us_britain_titanic_book

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