October 25, 2021 



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 By Rick

03/05/2011  6:12PM

Bluejay, this is precisely why fiscally minded state-houses were voted into office in November. It will be GRAND to watch.

There seems to be a disconnect of understanding between those who see unions as universal, vs. those of us who know the difference between public and private sector unions. (Debating validity of private sector unions is another story for another day.)

The vast difference is stark. Somehow my discussion friends can't see this. Hmmmm...

I just had a heated (albeit, good) exchange with a friend who cannot, for the life of him, see the difference. It always comes back to the tiresome disconnect of "Oh, okay, so the little guy gets screwed while the rich get richer..."

Such a vast distinction between public vs. private sector existence, and yet, it remains elusive to them.

Years ago, the dreaded word 'communist' used to be a rally cry for those of us defending the US Constitution. Now it is the banner cry for people who can't distinguish the difference between freedom, individuality and self-determination vs. public sector community organizing.

Great...and now we have a Community Organizer for a president.

Is anyone watching the trend????
 By bluejay

03/05/2011  1:14PM

A consulting firm founded by economist Nouriel Roubini said there could be close to $100 billions of municipal-bond defaults over the next five years as state and local government-debt problems damp the U.S. economic recovery.
That figure would by most estimates represent a significant increase over defaults in recent history, but it doesn't appear to be as dire as a prediction last year by analyst Meredith Whitney
 By bluejay

02/26/2011  11:08AM

Silver closed $33.38 UP $1.27

Silver is in the process of adjusting to its unknown true value as the price suppression scheme has ended with monstrous losses for those who sold silver short and continue to remain short.

There have been reports that the current total short position in silver is equivalent to one year's world mine production. This could be right around 800 million ounces or so.

Top 20 Silver Producing Countries in 2009
(millions of ounces)

1. Peru 123.9
2. Mexico 104.7
3. China 89.1
4. Australia 52.6
5. Bolivia 42.6
6. Russia 42.2
7. Chile 41.8
8. United States 39.8
9. Poland 39.2
10. Kazakhstan 21.7
11. Canada 19.6
12. Argentina 17.1
13. Turkey 14.0
14. Sweden 8.7
15. Morocco 8.3
16. Indonesia 7.7
17. India 7.3
18. Guatemala 4.2
19. Iran 3.5
20. South Africa 2.6

Silver is in short supply. The Royal Canadian Mint is having difficulty acquiring the metal.

 By bluejay

02/23/2011  3:38PM

The California Highway Patrol has invaded our town today. Motorcycle patrolmen have descended upon townsfolk like hungry locust picking our pockets left and right.

"Squeeze the People" is in full-force here. The financial affairs of the State are suspected to be in much worse shape than the politicians are willing to admit.

Anyone holding State Municipal bonds needs to have their heads examined.
 By bluejay

02/17/2011  4:58PM

Our State has to be a complete disaster based upon what Marc Faber says. One of Faber's comments that struck me was that the worst world-wide investment managers are the ones running the State pension funds. Faber says, they buy at the peak and have sold at the bottom.

In addition, the civil servants are sucking us dry with their excessive salaries and benfits which they refuse to scale down. Their answer has ALWAYS been: either take our money in taxes or take our property.

It's called, "Squeeze The People." Today, the governor from Wisconsin is trying to break-up the civil servant's unions for their past salary and benefit pressures that are sinking his State.

Mr Faber says, "we are all doomed."

Check out Mr. Faber's comments:

 By Rick

02/16/2011  5:39PM

Any pension fund, especially public union employees', have their funds invested in stocks, bonds and generally, Wall Street.

These people must be stupid, un-educated, certainly devoid of rational thought, and think the rest of us are dumber than they are.

The investments of all the writers for Rolling Stone should check their own reality and remember why a private sector rag is still in print.

We'll have to continue to wonder why the NYTimes is...
 By bluejay

02/16/2011  4:19PM

Matt Taibbi has an article coming out in the Rolling Stone Magazine dated February 16, 2011 entitled: Why Isn't Wall Street In Jail?

The following link is a preview of the article:

 By bluejay

02/16/2011  3:15PM

We should have a new section titled "SQUEEZE THE PEOPLE"

In Italy a few months back a government agency there, while checking bank records, discovered many accounts in the names of U.S. Politicians including separate ones for the president, his wife and for their children. Is there something wrong with our banking system that the general populace is unaware of?

Obama Administration calls for 5% royalty on gross proceeds of mines

The Obama Administration has called for a hardrock mining royalty and a new hardrock AML fee, along with other fees and tax increases for coal mining.

Author: Dorothy Kosich
Posted: Wednesday , 16 Feb 2011


President Obama's Fiscal Year 2012 proposed budget calls for charging a 5% royalty on the gross proceeds of hardrock minerals mined on public lands including silver, gold and copper.

The President is proposing a number of new royalties and fees on both hardrock and coal mining, along with reductions on oil and gas subsidies, which he says will save the country $3 billion over the next 10 years.

The Office of Management and Budget (OMB) said the President's budget "provides a better return to taxpayers from mineral development."

"A number of recent studies by the Government Accountability Office and DOI's Inspector General have found that taxpayers could earn a better return through more rigorous oversight and policy changes, such as charging appropriate fees and reforming how royalties are set," the OMB said.

The President's budget would also establish a new Abandoned Mine Land fee on hardrock mining, "so that the hardrock mining industry is held responsible in the same manner as the coal mining industry."

The agency also suggested the budget "mitigates the environmental impacts of mining by dedicating and prioritizing funds to clean up abandoned mines and by strengthening the regulation of active coal mining." The fee would be based on the volume of material that a mining company displaces.

Senate Majority Leader Harry Reid of Nevada, a longtime advocate of Nevada's gold mining industry, said, "I'm willing to consider any proposal for mining reform that protects the mining industry, doesn't kill jobs and shares revenue with the state."

"I will carefully study the president's proposal to determine whether it meets these criteria and ensures that one of the pillars of the state's economy can continue to create jobs and strengthen the economy," he added.

While Reid's efforts have been successful in the past in stopping the Congress' effort to levy new fees and taxes on the hardrock mining industry, this time Republicans control the House, which may also help U.S. mining.

Meanwhile the President's proposed budget for the Environmental Protection Agency stresses coordinating federal water policy with state and local government, Native American tribes, industry and agricultural sector to achieve goals.

Among those goals are coordinating the actions of the EPA, the Department of the Interior, and the Army Corps of Engineers "to better address impacts of surface coal mining on aquatic resources."

However, House Republicans have proposed cutting the EPA budget by 16% below what President Obama has requested.
 By Rick

02/12/2011  5:45PM

....because, if they were serious, they would tell the real story of why a REAL gold-mine is being assaulted by illegal actions by politically appointed courst. Hmmm, let's see....

Nope. It's still the New York Times.

Here's a headline that should be slapped onto the front page instead:

"Private Sector California Gold Mine Target Of Fraud."
 By Rick

02/12/2011  5:27PM

And now, a serious response. HURRAY for www.agoracom.com for posting and noting the absolute crap we're enduring down here. The horror stories of unbridled railroading, illegal, spurious, slanderous, criminal attacks of the Original Sixteen to One Mine by EU-type un-elected scandocrats and just down-right insider juris-non-prudence by California's politically-appointed spurious rulings spewed from so-called "courts" are now cited in an international journal.

Welcome aboard, new readers. Read all about it, pleae! And spread the word.

There is a world of injustice to explore here. I invite you to read all Forum entries, and become aquinted with the absolute CRAP this gem of a true mine has been enduring for at least a decade.

The most positive thing to derive from it all: this is the highest-grade mine in all of California, surviving amidst the onslaught. Highest-grade in not only gold, but in SPIRIT, and one that will NEVER submit to the crap cited above.

Welcome aboard. Read all about it. Smile! (Crap sinks to the bottom, as will those who keep trying to use politics and unfunded identities afloat by assaulting the private sector for their funding...truth wins every time is used.
 By Michael Miller

02/12/2011  5:24PM

My wonderment about articles like the recent NY Times gold story centers on the reporter. Then wonderment moves to the editor, publisher and finally the owners. With such inane reporting what is the rest of the paper’s usefulness or credibility? To research, write and publish about the great California Sierra Nevada gold belt and not expose the reader to mining in the Alleghany Mining District is silly to say the least and vacuous to tell the truth. Does a venerable newspaper such as the NY Times condone this quality of story telling?

With the Discovery Channel portraying gold miners and a gold operation on national TV as serious, it is no wonder that America is not interested in gold mining, production of America’s bountiful natural resources located in California. Today the Sixteen to One mine I proven to be one of the most reliable, precious and much needed industries in Earth. So, why are gold miners portrayed as greedy, buffoons or uncaring rapists on mother Earth?

How could any serious professional reporter or organization not uncover the Alleghany during discovery and due diligence? I am baffled.
 By Rick

02/12/2011  5:01PM

Bluejay...that is the most amazing and important news to hit our country in 30 years. OMG, what will we do???????
 By bluejay

02/12/2011  2:23PM

The International Forecaster says that vegetable prices will be higher at the grocery stores due to a big freeze hitting Mexico.

Tomatoes up 200%

Green Bell Peppers up 30%

Colored Bell Peppers up 50%

Green, grey and yellow squash were the hardest hit.
 By bluejay

02/12/2011  11:03AM

Recent post to agoracom.com, a general mining and resource exploration forum in Canada.

NY Times' article concerning gold mines reopening in California

posted on Feb 12, 11 01:54PM Use the IP Check tool [?]

California is run by a pack of environmental sicko freaks. Anyone that has a question about that should access the website of the Original Sixteen to One Mine Inc. at http://www.origsix.com to read about their horror story in the forum section. The State once attempted to convict the company and its president and mine manager of manslaughter charges for an accidental death in the mine some years back. Prior to the unfortunate accident, the fed's were in the mine days earlier and deemed their operation safe by their standards.

The California Central Water Board is as unfriendly to these folks as they could possibly be for issuing numerous citations lacking intelligent justification. One reason for writing the mine so many tickets could be that their salaries at the agency are solely dependent on fees derived from so-called infractions of their rules book. Anyway, the story is on their website in detail.

Some time in the future, the bureaucrats in Sacramento will get-it that rejuvenating the gold mining industry is in their best financial interests. Holding up the Idaho Maryland Mine from reopening for so many years does not speak well for increasing the State's revenues, getting people back to work and thus pumping in some additional money to a continuously contracting State economy where the State's unemployment numbers far exceed the nation's average.

The State needs to get educated on what is possible if they are to escape bankruptcy with some help being extended to them by supporting their own mining industry. The solution is to talk to the government in Quebec, follow their receipt for success in assisting mining companies to grow and prosper which has resulted in keeping a lot of folks working who in turn keep those local economies vibrant. There is no better example of what is possible than seeing how Agnico Eagle grew to such a large international company by the support provided to them and other miners by the Quebec government in making available a friendly mining environment combined with appropriate and intelligent environmental safegards.

 By bluejay

02/12/2011  9:21AM

Hot off the wire this morning from the International Forecaster.com:

You might ask why did all this happen in Tunisia and Egypt? It was a distraction pure and simple and an expensive one. The elitists behind the scenes are trying to find a way to deal with the eminent collapse of the municipal bond market as hundreds of municipalities choose bankruptcy. Newt Gingrich, neocon Bilderberger, wants to pass legislation to allow states to go bankrupt. That would allow the states to dispense with all or part of their pension and benefit obligations changing their financial obligations dramatically. The concept is horrible for people("squeeze the people") who worked all their lives for a pension.

The freshmen “Tea Party” representatives have just given the elitists a staggering blow; this group defeated the permanent passage of legislation to make the Patriot Act permanent. Obviously the elitist money machine was unsuccessful in buying them off. We at last see a glimmer of hope that the people’s voices will be heard. Washington may be changing, but we’ll have to see what the future brings.

The Fed continues to buy all the new Treasury bonds and others in circulation. This is a policy that cannot continue indefinitely because it will lead to hyperinflation. Europe has similar problems. The healthier countries have pledged $1 trillion to rescue the spend thrifts. There is a problem, as we sited last May, and that is that they are going to need $3 trillion plus to accomplish rescue - a sum that will bankrupt solvent European states and bring depression to the entire region. Yes, China and Japan have ridden to the rescue in an effort to dump Treasuries and buy the euro bonds of Greece, Portugal and Spain. This is an exercise in futility. Do the Chinese and Japanese intend on coming up with $2 trillion? We don’t think so, and if they did, by selling treasuries, the US dollar would collapse. Another short-term stopgap measure doomed to failure.
 By ABrink

02/12/2011  7:38AM

I see that the New York Times has a story on the reopening of California mines (http://www.nytimes.com/2011/02/11/us/11gold.html?_r=1&emc=eta1), but sadly no mention of the Sixteen to One.
 By Rick

02/08/2011  5:51PM

If anyone is still wondering how genuine the political machine touting "Environmental Concerns" is, look no further than the rejection from both the entrenched machine in Washington of the Bam admisnistration's lack of response to the Original Sixteen to One Mine president Mike Miller's open letter to engage deregulation, to next, the entrenched political machine in Sacramento snipping the gut from a request to state-regulated-PG&E's ability and therefore deliberate refusal to engage in independent energy development in our rural community in Sierra County.

WHY? (Read below to get caught up to speed.)

Allow me to bring the new reader up to speed in a short synopsis:

As recently as the first of this year, the Obama administration (BAM) decreed an alledged allegience to "De-regulation" in a spurious attempt to mask such a decree with a pseudo-face-of- concern to all entities affected.

HUH?? (Yes, but is was all crap rhetoric...)

So, in good spirit supporting the administration's announcemnet, Mike Miller wrote a classic, heart-felt and truly genuine letter to the President (posted beloe for everyone to read) engaging such discourse, asking specifically for the current Administration to please engage with the Original Sixteen to One Mine in this endeavor by assigning an Emissary to the task, to work in the directive specifally addressed by the administration. Hopes were high. In the name of the administration following through on its promisary decree and actually to make headway against the ongoing oppresive regulation imposed by unnecessay regualation literally stifling jobs, specifically in a remote rural county in which jobs are essential to the small guy, the answer was.....

wait, there's more....


No response. Nada.

Likewise, an overture to CA state-regulated utilities in which Mike Miller on behalf of the Original Sixteen to One Mine to develop a pelton-wheel independent electric energy source, akin to the oft environmentally aware concerns of those who promote wind energy...were summarilly dismissed by PG&E due to the imposition of regulatory fees (ahem, excuse me which I choke)...and the net result is a blattant and predictable outcome:

No. Nope. Nada.

 By Rick

02/06/2011  8:26PM

"Yeah, taxpayers suck. All they ever do is get in the way of letting our government take care of us. Especially the rich...all they want to do is make us poor people poorer while they by more yachts and private jets and stuff. It's a good thing that Obama and Jerry Brown are in there. At least they have their stash. Republicans suck."
 By bluejay

02/06/2011  9:29AM

Sacramento has ruined it for everyone

From Saturday's International Forecaster:

In California, Governor Moonbeam Jerry Brown, wants to raise taxes like Illinois has, but those terrible Republicans are blocking him from doing so because any tax increases must be approved by the taxpayers. As you are aware Fed Chairman Bernanke has ruled out bailouts for state or local entities. In addition, elitist Newt Gingrich is pushing for legislation to allow states to go bankrupt. That means all or part of pensions and benefits will be wiped out. If such a bill looked like it was being passed, munis and state bonds would again collapse for fear of default or partial default.
 By Michael Miller

01/31/2011  4:11PM

Thanks, Rick for the notice of the old topic. All entries are back in the right miscellaneous.

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