July 6, 2022 



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 By bluejay

12/08/2010  6:52PM

From the Drudge Report, government bonds take a big hit:

In addition, it is being circulated that some of our own States are in worse shape than some of weakest countries in the European Union. Is there any wonder that the incompetents who got us into this mess from Sacramento, acting behind the curtain, now have plans in the makes to steal money from some of the State's financially strapped companies with assets?

Lower bond prices mean higher interest rates the next time the failing State's have to come to the market for more funds, just to pay the interest due on their prior issued municipals. This merry-go-round of debt and more debt has to stop sometime. California is coming for your money. Is it any shock to you that 100,000 people a week leave the US for other countries?

It is a fact that 5% of the hundred million people that live in Mexico are Americans and Canadians.

The growing ranks of regulatory agencies in California are ruining the lives of fellow Californians. There should be an independent International tribunal organized to try the government in Sacramento for financial terrorist crimes against the law-abiding citizens of California.

 By bluejay

12/02/2010  7:51PM

Europe has a new emerging freedon fighter in the likes of Niguel Farage. We hope a similiar figure surfaces here in America. To learn of Nigel's deep passionate convictions towards his fellowmen, his interview with Eric King from kingworldnews.com is linked below.

lishttp://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/12/1_MEP_Nigel_Farage.htmlten to the following interview of him by Eric King of
 By bluejay

11/28/2010  7:47PM

The systemic contagion has begun. Do you have your gold?

Hungary Follows Argentina in `Nightmare’ Pension-Fund Ultimatum

By Zoltan Simon – Nov 25, 2010 4:37 AM MT

Hungary is giving its citizens an ultimatum: move your private-pension fund assets to the state or lose your state pension.

Economy Minister Gyorgy Matolcsy announced the policy yesterday, escalating a government drive to bring 3 trillion forint ($14.6 billion) of privately managed pension assets under state control to reduce the budget deficit and public debt. Workers who opt against returning to the state system stand to lose 70 percent of their pension claim.

“This is effectively a nationalization of private pension funds,” David Nemeth, an economist at ING Groep NV in Budapest, said in a phone interview. “It’s the nightmare scenario.”
 By Rick

11/26/2010  9:07PM

Every new law is a restriction of previous freedom, by definition. Read that again.

Why do new laws need to be passed, every effing day?????

What we are witnessing is a complete melt-down of our sovereinty...our ability to manage ourselves, our freedom to exist without the shackles from Gov'ment a-holes who wake up every morning with the sole purpose to regulate, design, propose, pass new laws every effing day.

STOP!!! We don't need new laws, every day, every minute, every chance they can.

Has the definition of a Constitutional Representative been so denegrated to now be defined as "someone who can go to Washington and pass new laws?"


Yesterday we woke up with yesterday's laws. Why do we need new ones????

Yes, I know, we don't. So let's get those a-holes out of there, ASAP.
 By bluejay

11/25/2010  6:52PM

Can we hire Mr. Nigel Farage, British politician and leader of the UK Independence Party, to come over here and speak to our knot-heads in Congress?

 By StevenJ1989

11/25/2010  4:24PM

seen some destruction

[url=http://undercabinettvsite.com/]under cabinet TV[/url]
 By bluejay

11/24/2010  11:47PM

As Tacitus pointed out in the second century, the more numerous the laws, the more corrupt the state.
 By bluejay

11/24/2010  8:08PM

Above the law? Not this one.

Jury convicts Tom DeLay in money laundering trial

AUSTIN, Texas – The heavy-handed style that made Tom DeLay one of the nation's most powerful and feared members of Congress also proved to be his downfall Wednesday when a jury determined he went too far in trying to influence elections, convicting the former House majority leader on two felonies that could send him to prison for decades.
 By bluejay

11/24/2010  4:57PM

Capitalism, a system of credit and debt that produced 300 years of growth is now dying. The bankers' debt-based money has created such levels of debt that not even 0% credit can no(any) longer induce growth. In the endgame, the problem is not the lack of credit -- it's the excessive amount of debt. - Darryl Schoon

...sooner or later, too much credit always turns into a giant debit as borrowers crumple under the burden of escalating payments ..Melchior Palyi, economist 1892-1970

The above quotes tell us everything, DEBT. The government facilitates the bankers and the elected officials use us as their power base. In the process we have our wealth detached from us and in the case of the latter, the detachment of our liberties.

Will the majority ever get it? That is the real question. A person can only do so much in a day to unvail these injustices, then go to sleep at night and try, again, tomorrow.

If a person seeks to re-educate himself or herself, I suggest making the two sites below your daily routine:


 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.

 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.

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