Original Sixteen to One Mine, Inc. - Forum Topic: "Miscellaneous"



	July 6, 2022 Wednesday

Forum
Topic:
Miscellaneous

By bluejay
07/03/2012 11:17AM

Move to audit the Fed

http://chooseliberty.org/auditrphf3.aspx?pid=0703p

By bluejay
07/03/2012 9:09AM

July 4th is upon us marking the 236th year anniversary following the signing of the Declaration of Independence from England.

Years later the people of the land find themselves being dictated to once again through increasing taxation and regulation.

Our Founding Fathers made every attempt to protect future generations from injustice. One of them, James Madison, sounded some words of warning for future conuntrymen concerning government when he made the following statement:

"There are more instances of the abridgment of the freedom of the people by gradual and silent encroachments than by violent and sudden surpations."

Hiring an additional 16,000 IRS agents to insure that everyone must have insurance as was mandated by the 5-4 Supreme Court ruling of Obamacare makes one wonder, will this form of another additional tax ever stop? How can someone be taxed for doing nothing? Will they be sent to jail by the IRS for doing? nothing?

By Michael Miller
07/02/2012 2:20PM

Back at you, Rick for a topic of mirth. I have a moment to spend:

As I go deep in darkness
With each step into the mine,
I am excited. Each time, at some time
underground, awe overtakes me.
It could be because of the beauty.
It could be due to combining fear
And respect. Sometimes it is
Gratitude…deep gratitude
And closer to the light.

By martin newkom
07/02/2012 12:53PM

check with your tax pro. I last
understood that the premuims you
pay for health insurance are deductible but this tax may not
be if it is ultimately ruled to
be a penalty.

By David I
07/02/2012 4:56AM

Sense the Supreme Court states that the penalty is a tax for not buying health insurance, the forcing all to have some kind of health insurance. would that not mean that all health insurance costs would be considered a tax.
If so, would we be able to deduct the cost of health insurance from our taxable income?

By bluejay
07/01/2012 7:54AM

An Empire in Decline

http://www.youtube.com/watch?v=svGDZOW-brA&feature=youtu.be

By bluejay
06/30/2012 10:58PM

From Satutday's International Forecaster

"Let me see if I have this right: We are now "gifted" with a healthcare plan we are forced to buy and fined if we don't, which purportedly covers at least 10 million more people, without any new doctors but provisions for 16000 new IRS agents, written by a committee whose chair says he doesn't understand it, passed by a Congress that didn't read it (but exempted themselves from it) signed by a president who smokes, with funding administered by a treasury chief who didn't pay his taxes, for which we'll be taxed for four years before benefits take effect, by a congress that has bankrupted social security and Medicare, all overseen by an obese surgeon general and financed by a country already trillions in debt? What could possibly go wrong??????"

By Big Al
06/29/2012 9:18PM

http://www.mountainstateslegal.org/legal_cases.cfm?legalcaseid=205 Mike, if your not familiar with this forum check it out, this case is over water having to be more pure than the streams in the area. Big Al

By bluejay
06/29/2012 8:50AM

Dysfunction Junction

Jim Sinclair’s Commentary(from jsmineset.com)

You have to have a sense of humor on this one. Where do they find people smart enough to get themselves in any trouble there is anywhere.

I wager you it has to do with OTC derivatives.

Bizarre: U.S. Home Loan Banks Overexposed in Europe
Thursday, June 28, 2012

The U.S. Federal Home Loan Banks’ unsecured lending to foreign institutions skyrocketed last year as the European sovereign debt crisis intensified, raising concerns about their risk management, an auditor’s report said today, reports Bloomberg

Several Home Loan Banks last year made short-term loans totaling about $3 billion to two European banks that had received government bailouts and were on a credit watch, according to the report. That’s crazy enough. But, it gets worse.

At the end of 2011, FHLB had $41 billion unsecured lending to foreign banks.

The volume of unsecured lending, particularly to foreign institutions, rose in part to offset a decrease in the Home Loan Banks’ traditional activities providing funding to domestic lenders for home mortgages, according to the report.

What’s the FHLB doing lending to foreign banks? Who knows? According to the FHLB web site:

The Federal Home Loan Banks are a mechanism for economic stability. Thousands of community lenders everywhere in America rely on them as a strong source of funds for financing housing, jobs and growth.

The Federal Home Loan Banks are a group of cooperatives that lending institutions use to finance housing and economic development in local communities.

About 80 percent of U.S. lending institutions rely on the Home Loan Banks for low-cost funds. Because the Home Loan Banks are cooperatives, their low costs are passed on to consumers and communities. They’ve been around for the better part of a century—a fundamental part of the country’s financial system, like the Federal Reserve or federal deposit insurance.

By bluejay
06/25/2012 12:26PM

Conclusion to the article on bankers by James Corbett:

And so Wall Street will continue along in its sprint to the finish line of the takedown of the American economy, crying foul over the Moody's downgrading even as billion-dollar scandal after billion-dollar scandal continues to emerge. Economies around the globe will continue along in a similar vein, with similar tales of increasingly brazen abuse and corruption. The EU will continue its song and dance, trying to convince the world that the Spanish banks will “only” require another 50 to 80 billion Euros to meet capital shortfalls in a worst-case scenario (it's actually over 100 billion). The Asian markets will tumble as the once-mighty Chinese economy begins its slowdown.

And underneath it all, behind the headlines and out of sight of a largely apathetic public, more schemes, scams, and frauds will be hatched, many in the plain light of day because this is how rampant the corruption is now.

And yet, in at least one tiny island nation way out in the North Atlantic, a special prosecutor is arresting bankers and raiding the central bank for clues to past financial crimes. We ignore that example at our own peril.

Corbett@CorbettReport.com
CorbettReport.com

By bluejay
06/24/2012 7:30PM

Hope everyone had a great Saturday at the mine.

I just started reading Saturday's International Forecaster and I couldn't pass up sharing the following(seems like some bankers are just gangsters):

Icelandic banksters sent to jail.

An excerpt written by James Corbett in Saturday's International Forecaster:

Earlier this month Iceland's Supreme Court handed down a four-and-a-half year sentence to Jon Thorsteinn Jonsson and Ragnar Zophonias Gudjonsson, two former executives at Iceland's Byr Savings Bank. In 2008, just before the bottom fell out of the Icelandic banking system, the pair used their positions to approve an 800 million kronur loan from Byr to Exeter Holdings ehf. That loan was used to buy out Jonsson and Gudjonsson's shares in Byr, which were then put up for sale as collateral to guarantee the loan itself. Now the pair are preparing to spend the next half a decade behind bars.

And the Icelanders didn't stop there. Earlier this week Olafur Thor Hauksson, the special prosecutor investigating the misdeeds of the Icelandic banking crisis, confirmed more arrests and raids. One of those scooped up was Jon Thorsteinn Oddleifsson, the former treasury boss of Landsbanki. Three others from Landsbanki were arrested, and raids and searches were conducted at MP Bank, Straumur (now ALMC), and even the central bank itself. All of these banks are under investigation and more arrests are expected.

Haven't heard about Hauksson, or the Jonsson and Gudjonsson convictions, or the prosecutor's office's raid of the Icelandic central bank? Now why would that be, I wonder? It's almost as if the media would prefer the public didn't hear about the round-up, prosecution and conviction of once-powerful bankers, lest they get any ideas for their own political context. Imagine that.

Still, all hope is not lost for the beginning of the Great Banker Round-up of 2012. It seems a significant-but-underreported financial corruption case has just broken through to the mainstream. Is it MSNBC breaking the story? Bloomberg? The New York Times? Hardly. One of the “respectable” institutions across the pond, then? The Financial Times? The Economist? Nope. It's Matt Taibbi of Rolling Stone.

By bluejay
06/23/2012 8:41PM

Jim Sinclair’s Commentary

Lies are a must for political leaders

Ministry of [Un]Truth
By Eric Sprott & David Baker

Speaking at a Brussels conference back in April 2011, Eurogroup President Jean Claude Juncker notably stated during a panel discussion that "when it becomes serious, you have to lie." He was referring to situations where the act of "pre-indicating" decisions on eurozone policy could fuel speculation that could harm the markets and undermine their policies’ effectiveness.1 Everyone understands that the authorities sometimes lie in order to promote calm in the markets, but it was unexpected to hear such a high-level official actually admit to doing so. They’re not supposed to admit that they lie. It is also somewhat disconcerting given the fact that virtually every economic event we have lived through since that time can very easily be described as "serious". Bank runs in Spain and Greece are indeed "serious", as is the weak economic data now emanating from Europe, the US and China. Should we assume that the authorities have been lying more frequently than usual over the past year?

When former Fed Chairman Alan Greenspan denied and down-played the US housing bubble back in 2004 and 2005, the market didn’t realize how wrong he was until the bubble burst in 2007-2008. The same applies to the current Fed Chairman, Ben Bernanke, when he famously told US Congress in March of 2007 that "At this juncture… the impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained."2 They weren’t necessarily lying, per se, they just underestimated the seriousness of the problem. At this point in the crisis, however, we are hard pressed to believe anything uttered by a central planner or financial authority figure. How many times have we heard that the eurozone crisis has been solved? And how many times have we heard officials flat out lie while the roof is burning over their heads?

By bluejay
06/21/2012 9:44AM

Sutter Gold increases land holdings

http://www.suttergoldmining.com/s/NewsReleases.asp?ReportID=532150&_Type=News-Releases&_Title=Sutter-Gold-Announces-Major-Addition-to-its-Mineral-Exploration-Holdings-in...

By gerald
06/20/2012 6:37PM

i will have stock for sale at discount brokers

By bluejay
06/20/2012 11:49AM

Sutter Gold, California, set to begin mining gold in 4th quarter of 2012

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSGM-1970881&symbol=SGM®ion=C

By bluejay
06/17/2012 9:59AM

Decide for yourself

From this mornings International Forecaster written by James Corbett:

US MARKETS

As we try to foresee the next chapter in the continued downward spiral of the US financial crisis and the further debasement and devaluating of the US fiat currency, the dollar, it is near impossible to not feel in the pit of your stomach that the majority of the US population, that believes in and lives by the words of the socialist media propaganda groups business as usual mentally are being setup for impending failure as the cards of the global financial crisis unfolds, not unlike a herd of cattle being sent down their final shut at the slaughter house, as with every other day before everything seems normal until they reach the end.

At that point it will be what it is, no way to turn around and no time left to prepare, only millions left standing with a look of confusion as to what, why and when things went so wrong without the understanding of how or where to start over. While the US continues to print money and take on more debt to continue on down the road with their business as usual propaganda, the underlying fundamental issues have not been dealt with. If it were not for the continued printing of money and debt purchases by the Fed and US Treasury, along with the consistent market manipulation, our bankrupt country would have already seen its historic downfall. As the saying goes, it is better to be prepared and not need it then to need it and not be prepared, there is no time like the present to add to your preparations – gold, silver, food, water, guns and ammunition. Do not be one of the many that will be left in a world of confusion and panic.

By bluejay
06/12/2012 11:01PM

Is chaos just around the corner?

http://www.martinarmstrong.org/files/Is%20Chaos%20Around%20the%20Corner/index.htm

By bluejay
06/12/2012 1:09PM

Just keep smiling and running up the steps.

Top Customer: Under Obama, Fed’s Holdings of U.S. Debt Have Jumped 452%

By bluejay
06/10/2012 7:45PM

Adam Smith wrote: "It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them look well after their own expense, and they may safely trust private people with theirs."

By Rick
06/10/2012 3:54PM

re below: "Whenever a state has the power to impose a fine, it is a conflict of interest, for sooner or later it exploits the law for revenue":

'Sooner' rather than later has happened to the Original Sixteen to One Mine many, many times. It's happening BIG TIME to all US citizens who sleep while Rome votes itself raises and more and more money and power.

This is EXACTLY why all republic democracies are doomed to failure when the sappers suck past the 50.0001% mark

Remember to vote.

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