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This video was made in Quinhagak, Alaska. For those of you who don't know, that's where we have our fishing lodge. They have over 800,000 hits already on youtube. Amazing...
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I've said for a while that there is manipulation in the silver market. I hope something comes out of this investigation.
“I mean nothing that would jeopardize the furtherance of the investigation. We do a really poor job of communication at this agency. People don’t respond to emails, we don’t put out information. I think this goes back, by the way, to something that we were talking about earlier, are we captives of the exchanges or the banks?”
“but I can tell you based on what I have been told by members of the public and reviewed in publicly available documents, I believe that there’s been violations of the law, The Commodity Exchange Act.”
Bart Chilton - There is Manipulation in the Silver Market
With many lawsuits having been filed against JP Morgan for alleged manipulation of the silver market, today King World News interviewed CFTC Commissioner Bart Chilton. Commissioner Chilton was incredibly candid throughout the entire interview. As an example, when asked if there is nefarious activity (manipulation) going on or that has gone on in the silver market, Chilton responded, “I think there has been, Eric. I talked last year about this, I urged the agency to say something. I just think it’s fair that after so long, on an investigation that you’ve publicly announced, that you give some sort of update.”
“I mean nothing that would jeopardize the furtherance of the investigation. We do a really poor job of communication at this agency. People don’t respond to emails, we don’t put out information. I think this goes back, by the way, to something that we were talking about earlier, are we captives of the exchanges or the banks?
I think by and large we haven’t been a very retail, consumer that is, focused agency. Here’s what I can tell you about silver, Eric, I have been contacted, for years, by some folks that I think have a lot of credibility. It’s one thing when they say this and that is going on and I check it out and maybe some of it’s true and maybe some of it’s not.
But when people email me and say, ‘You watch the market (silver) between 9:15 and 9:45 tomorrow and it’s going to tank or it’s going to do this or it’s going to do that.’ I hold on to it and I watch the market and what they say happens, and I’m not saying this always happens, but it happens even 50% of the time, 60% of the time, there’s no way that doesn’t raise my antenna, like major, electric antenna goes up.
So to me that was the reason why I thought we needed to look at this (silver), investigate it. That’s why I called for it, Commissioner Dunn also called for the investigation, but I can tell you based on what I have been told by members of the public and reviewed in publicly available documents, I believe that there’s been violations of the law, The Commodity Exchange Act.
They’ve taken place in the silver market and I think any such violation, of course, should be prosecuted to the full extent of the law. I believe there has been repeated attempts to influence prices in the silver market. And there’s been fraudulent efforts to persuade and deviously control the price.”
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I was be furious if I lived somewhere for 30 years and the government decided I now needed to move my house. That is happening in the Lake of the Ozarks.
MO Residents to Move Their Homes
CAMDENTON, Mo. (AP) -- Nearly every year, Patsy Riley has gotten unsolicited offers for her house on Missouri's Lake of the Ozarks with its spectacular views of tree-lined bluffs and its ample shoreline, but she never wanted to leave. Now, she and hundreds of her neighbors wonder what will become of their homes after a federal agency declared that many structures built close to the lake may have to go.
The Federal Energy Regulatory Commission, citing restrictions on private developments around dams, says thousands of residences, decks, patios and boathouses appear to encroach on land belonging to the hydroelectric project in violation of federal regulations.
The announcement has triggered panic in the area's lakefront communities and led to a growing battle among regulators, a utility company, land attorneys and the state's congressional delegation. Officials say they are searching for a way to settle the issue without mass evictions.
"We are mad as hell and we're not going to take it anymore," said Riley, who has lived at the lake for more than 30 years and estimates about half of her neighborhood is threatened.
The dispute pits the government's rules for hydroelectric projects against the potential vagaries of land records and private transactions that go back more than 80 years. Riley and other property owners say they have legal deeds to their land that permitted construction. The agency says it has regulations protecting the lake's recreation, scenery and environment against development.
The winding, 93-mile-long Lake of the Ozarks was created in 1931 by the Bagnell Dam and Osage hydroelectric project, and has become a playground for water sports enthusiasts and vacationers. The thickly wooded shores and hills are dotted with houses, resorts and weekend cottages.
The problem with the lakefront property arose when Ameren Missouri, the power company that owns the project, applied to the Federal Energy Regulatory Commission for a new 40-year license to operate the dam. A required shoreline plan noted that some structures had been built over time on some of the utility's property for the dam, in many cases when Union Electric Co., an earlier form of Ameren, was the owner. How the property was sold was not clear. But the utility had no problem with many of the structures.
FERC objected, however. "In the majority of cases, the existing non-conforming structure/encroachment should be removed in a timely manner and the site restored to its pre-existing conditions," the agency's ruling last summer said. For hardship cases, regulators said Ameren could propose allowing some homes to remain temporarily or could seek an adjustment in the property's boundaries.
Homeowners say the ruling leaves their property worthless.
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We all know the extent of the jobs "recovery" in the US. Here is a chart comparing the jobs situation in every recession since WWII. This is so much worse than any other.
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The bizarre for the day involves 60,000 bees living in the walls of a dead man's house.
MIAMI -
A woman found her father dead inside his home with thousands of bees living in the walls.
The man's daughter found him in the upstairs bedroom of his home at 129 Northwest 15th Avenue in Miami on Saturday.
The man was renovating the home, which neighbors said had been in the family for decades, for his daughter.
They added that the cause of death has not been determined.
"We're not sure if he fell, had a medical condition or if it was bee stings," said Miami Fire Rescue Lt. Ignatius Carroll.
Willie Sklaroff, who runs a bee eradication company, said at least 60,000 bees were living in the walls of the home.
He plans to return to the home in the coming days to remove the bees.
A woman found her father dead inside his home with thousands of bees living in the walls.
The man's daughter found him in the upstairs bedroom of his home at 129 Northwest 15th Avenue in Miami on Saturday.
The man was renovating the home, which neighbors said had been in the family for decades, for his daughter.
They added that the cause of death has not been determined.
"We're not sure if he fell, had a medical condition or if it was bee stings," said Miami Fire Rescue Lt. Ignatius Carroll.
Willie Sklaroff, who runs a bee eradication company, said at least 60,000 bees were living in the walls of the home.
He plans to return to the home in the coming days to remove the bees.
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I just thought this was interesting. The highest ranked teams seem to win by the largest margins.
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