Friday, February 22, 2013

US Budget/Spending Put into Family Context


Now assume there is no limit to the credit card, and they make payments with money they print themselves!

This will end badly.

In addition to their bank and credit card debt this family also has promised to support cats, and dogs in the neighborhood, the local police force and others to the tune of  $700,000. This represents the US equivalent of unfunded obligations such as medicare, medicaid, student loads, etc of 70 to 100 Trillion dollars.




**********Have a Nice Day**********

Thursday, February 21, 2013

Silver Physical Margin hits 18.5%

The recent smack down, as at 2012 02 21 3:40  physical maples at $33.86 (plus admin etc) to spot at 28.59 for an 18.5% premium for physical  - minimum.

A contract of 100 oz for delivery? Good luck with that, and enjoy your trip to some vault in New York.

Wednesday, February 20, 2013

Doug Skeggs Waxes on about "OUR NATURAL CAPITAL"



Let's get Doug an order of ONTARIO for his river preservation work!

What is the Trans Pacific Partnership?

TPP may undermine the ability of our government to perform effectively.

- could hinder access to safe, affordable medicines, weaken local content rules for media,
-stifle high-tech innovation
- restrict the ability of future governments to legislate for the good of public health and the environment.

 
The Trans-Pacific Partnership (TPP) is a free trade and investment agreement under negotiation by Australia, Brunei Darussalam, Chile, Canada, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam.

So far, so good.

 It will:
  • Allow foreign investors and corporations to sue Canada if any level of government passes laws that reduce their profits or adversely affect their businesses.

  • Promote and protect exploitative tar sands development while safeguarding corporate profits at the expense of the health of our economy and environment.

  • Introduce harsh laws on internet use allowing for strict criminal penalties for minor, non-commercial copyright infringements, and force internet providers to disclose personal information to authorities without safeguards for privacy.

None of these things above are pro demoncracy moves, and the end result of negotiations, which are secret will be rammed through parliament with another Omnibus bill.

Oh dear.

For the full details and more information: Here