Saturday, January 25, 2020

NFL Players Have A First Amendment Right To Act Like Little Bitches

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by Brandon Smith, Alt Market:

Frankly, in my view, the sporting world should be a politics free zone, and the fact that I am compelled to write about politics in sports in America today is bewildering beyond belief. That said, to be clear, I am not a fan of the NFL. I think the sport, like most professional sports, is overrun with whiny, juiced-up morons paid millions of dollars for providing nothing to the public except sub-par entertainment and little-to-no loyalty to the state or city in which they happen to be employed. NFL players are not legitimate role models for society anymore that costumed television wrestlers are role models for society.

Add to this the rampant politicization of the NFL over the past several years with social justice undertones and overtones, and I can’t think of a single redeeming quality to the arena. The best thing that could possibly happen to U.S. athletics would be if the entire system was scrapped and rebuilt from the ashes with truly local teams composed of local players driven purely by the desire for athletic excellence and healthy competition.

To me, it seems the appeal of sports, at least for spectators, is the possibility that anything could happen according to the merit of the players and the teams. In a society in which so much is restricted and controlled and dictated by political correctness and appeals to artificial “fairness,” the idea that, at least on a football field, baseball diamond or hockey rink, all of that garbage goes out the window for a few hours is enticing to say the least. Spontaneous moments of greatness are what people want to see, not blithe displays of ideological ignorance.

There is no social justice in real sports. There is no affirmative action. There are no safe spaces. The best men or women rise to the top and the losers go home with nothing. That is the way it should be. Champions soar to the heights as easily as they fall to the depths, and underdogs can shock the world through sheer determination. You cannot lie or steal your way to athletic superiority. You cannot use victim-group status to win trophies and medals. You have to work hard. You have to earn it. If you are a fraud you will be found out eventually. This is a philosophy which has been lost in modern athletics. Leftists in our culture are also oblivious to the notion.

When I see one of the last fields of American heritage and meritocracy being destroyed by cultural Marxism, I do feel what I’m sure many people feel — enraged. However, the situation is more complex than surface conflicts suggest.

NFL players refusing to stand for the national anthem is not really the issue here. Donald Trump admonishing them for their actions is also not the issue here. It is the motivations behind both sides that concerns me.

For activist NFL players and owners the motivation is rather clear; social justice cultism has seeped into their profession and some of them have decided to use the platform they have been given to pontificate rather than play the game they are paid to play. Protests attacking non-existent racism and “patriarchy” against a system that has made these men multi-millionaire celebrities regardless of their skin color would be relegated to the idiocy of college campuses if any of these people had any sense of judgment.

For Donald Trump, the motivation is far more foggy. I would prefer if the president of the United States spent his energies on fulfilling his campaign promise of “draining the swamp” of banking elites and neo-con warmongers instead of loading his cabinet with them and spouting off on Twitter about forcing a few football players to stand for a national anthem that praises the freedom of rebellion.

My readers are well aware that I view Trump as a pied piper, leading conservatives down a path back to neo-con totalitarianism rather than towards libertarian virtues of individual sovereignty. In other words, I am not seeing much difference between Trump and Obama so far. Perhaps in rhetoric, but certainly not in action.

The circus surrounding Trump’s latest feud with the NFL is just another distraction away from the fact that this administration is following a very similar policy path to every other corrupt administration before it. And conservatives are so tired of the trespasses of the social justice cult, many of them are eating up every minute of the farce.  Though, this is not what a bunch of football players are concerned about.

Let’s summarize the actual problem…

If NFL players refused to stand for the national anthem because they believed in the ideals it represents but felt that our government no longer represented those ideals, then I would be in full support of their motives. Obviously, this is not why they are protesting. If their motivation was about speaking against corrupt government, then they would have refused to stand for the anthem back when Barack Obama, a Constitution-wrecking cabana boy for the elites, was in office.

If Trump’s attacks on the NFL were motivated by a love of liberty as the anthem inspires, then he would not demand that players be forced to stand, which is indeed a violation of their First Amendment rights. Instead, he would have dropped that concept completely and stuck with the rational side of his position, which was for spectators to vote with their wallets and stop supporting the league with their dollars.

The bottom line is, whether or not you or I support their motives, constitutionally, legal precedence is on the side of the players. They have every right to act like bitches on an SJW plantation, kneeling and virtue signaling to their heart’s content. And, the public has every right to stop watching the NFL, drop their ESPN subscriptions, throw their overpriced sports jerseys in the trash and move on to more important issues… like what the hell is all this nonsense with North Korea? And why do we keep hearing about economic recovery when the average American can’t make it from month-to-month without running up their credit cards? And why are so many of us so damn fat and unhealthy?

Hell, here’s an idea — how about more people stop watching sports and start playing sports instead? Why not simply let the NFL die out along with every other venture poisoned by social justice?

The point is, the NFL battle with Trump is irrelevant compared to the greater battle of ideals behind it. It is not for Trump to fight this battle; it is for the spectators and consumers to fight this battle. The solution is not Trump’s Twitter account or his interference. The solution is for Americans to walk away and take their money with them.

The solution is also not to attempt legislation or government force to strike fear into those who might disagree with us. I have seen far too many so-called “liberty minded” people repeat the fanatically stupid mantra of “stomp my flag and I’ll stomp your ass!” The great sacrifice of living in a free country is that you have to support the individual rights of EVERYONE, even people who don’t believe in individual rights.

Read More @ Alt-Market.com

What Can Be Done?

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by Paul Craig Roberts, Paul Craig Roberts:

Despite clear evidence that Washington has chosen the path to conflict with Russia and China, European governments have not objected. Poland, Ukraine, and the Baltics even seem to demand more conflict or a quicker path to conflict. The European peoples themselves have not elected leadership that is willing to repudiate vassalage to Washington and conduct a rational foreign policy toward Russia.

Last Sunday’s German election was an opportunity for the German electorate to repudiate Washington vassal Angela Merkel and the Christian Democratic Union (CDU), and to some extent they did. But you would never know it from the news reporting.

The headlines were Merkel wins fourth term. In the US Hillary’s folks emphasize that Trump lost the popular vote, but Merkel lost it by 70{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. Only 3 Germans out of 10 voted for her. Her party’s vote fell from 41.6{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in the previous election to just under 33{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}.

Merkel’s coalition partner, the Social Democratic Party (SDU) also suffered a vote decline that resulted in the SDU refusing to enter into another coalition government with Merkel. This means that Merkel has to go to the Free Democratic party (FDP) which got 10.7 percent of the vote and to the Greens which got 8.9 percent of the vote. That coalition produces 52.6 percent from which a government can be formed. Merkel’s “win” was such a defeat that she is perhaps on the way out.

Where did the votes lost by Merkel’s party and coalition partner (SDU) go?
They went to a new party that stands for Germany, and not for Washington, not for the refugees from Washington’s wars, and not for conflict with Russia. This party is Alternative for Germany (AfD). It is now Germany’s third largest political party with 12.6{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the vote and 94 seats in the German legislature.

As the party is against the massive Muslim immigration supported by Merkel and against Washington’s policy toward Russia, the AfD was promptly branded “far-right,” a term that is saddled with Nazi connotations.

In other words, if you stick up for Germany and the German people, you are a Nazi.

The German people have been so brainwashed by Washington since World War II that Germans have no positive conception of themselves, only guilt and fear of anything said to be “far right.” Yet, the third largest vote went to the “far right” party.

Jewish organizations have gone berserk over the AfD vote. Hitler is being resurrected, and so on. It is difficult to believe that Jews are really this paranoid. One sometimes wonders if Jewish watchdog organizations have some other agenda.

Clearly, in Germany a political party, which does not want to be in conflict with Russia or to be the dumping ground for the human residue of Washington’s wars in the Middle East and Africa, is defined by presstitutes in the US, Europe, Canada, UK, Australia, and even in English language Russian news services such as Sputnik, as “far right.”

Although it is encouraging to see 12.6{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the German people wake up, the vote seems to be based less on avoiding the looming conflict with Russia and more on not being the dumping ground for the human debris of Washington’s wars. How does one judge these two threats to Germany?

Germany does not exist, nor does Europe, if Washington brings nuclear conflict to the world. Germany does not exist if the country is overrun by other peoples fleeing from Washington’s atrocities in the Middle East and Africa.

In the first case, there is nothing left of Germany. In the second case, there is a country that is no longer German.

As far as we have evidence, Western Europe is captive by Washington and will go to its destruction rather than dissociate from Washington’s foreign policy. But there are signs of hope in parts of Eastern Europe.

Unlike Germany, some of the Eastern European countries have refused to accept their quota of refugees from Washington’s wars. The EU Commission itself accepts its vassalage function as a dumping ground for Washington’s “collateral damage,” the euphemism Washington applies to the casualties of its wars for profits and hegemony, and is suing the EU members who refuse their quotas of refugees. The former president of the Czech Republic, Vaclav Klaus, responded to the EU’s determination to impose immigrant quotas on the Czech nation by declaring: “The time has come to start preparing the exit of our country from the European Union.” http://gatesofvienna.net/2017/06/vaclav-klaus-the-time-has-come-to-start-preparing-the-exit-of-our-country-from-the-european-union/

The dictatorial character of the EU is a good reason for every member to leave it. Countries already subjected to looting by American global corporations and financial entities have no spare money with which to support the victims of Washington’s illegal wars. For the EU to try to force Washington’s external war costs upon its members proves how much of a tool of Washington the EU is.

The more important reason for Eastern Europe, or that part of it that still has the capability of independent thought, is to avoid nuclear armageddon. Washington’s quest for world hegemony is driving the world to the third, and final, World War. Eastern European governments could prevent this looming war by breaking from their vassalage to Washington and forming a neutral buffer between NATO and Russia.

Such realistic behavior on the part of Eastern Europe could possibly even wake up Germany, France, and Great Britain to the extreme danger that they face as Washington’s vassals.

It is extraordinary, as I reported (http://www.paulcraigroberts.org/2017/09/25/washington-initiated-military-conflict-russia/), that Washington has twice directed attacks against Russian military forces in Syria. This insanity can come to no good end. Americans are so out to lunch that they have no idea of the terrible war that Washington’s madness is brewing. Apparently, neither do the Europeans or the British.

Read More @ PaulCraigRoberts.org

If You’re Planning Dinner While On The Way Home, Who Is Driving the Car?

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by argentus maximus, TF Metals:

In This Crazy World, How’s Your Mental Game?

Just supposing …. you happen to notice for a moment a synchronicity of timing. You’re all riled up the same time everybody else has gotten riled too – whether for the same reason or not – does that mean that you are being triggered by the same thing that triggered them?

No offense intended . But everything I see suggests that this is the case for the majority of people. This, in my way of looking at things, includes: the adult people parading with pretend pussies on their head in public, the other people kneeling instead of assuming a different required stance, the people on the right trying to catch people on the left with logical arguments (!!!). The conservatives who risk life and limb by volunteering, ultimately to follow orders from socialists who periodically gain administrative power. Socialist people with genuine feelings who require other folks to relinquish their stuff to prove themselves adequate. The many different groups in society. They all say they have different stories/excuses/things to protest. But looking down from some hypothetical godlike position above, like eg from the moon with a telescope, I notice they all start running around in circles at the same time. And they all achieve very little. Strikingly little, considering the effort, time and concern, and sincerity in their efforts. Arguing with each other about important things. And they all stop running around at the same time too. How strange that must be to see or notice for the first time!

So if these are all different issues. And these are all different people in the different protests/circles/parades/sports grounds. It can’t be about the single issues. Can it? It must be something else that guides these all together in some way.

” …. One Ring to rule them all, One Ring to find them,

One Ring to bring them all and in the darkness bind them

In the Land of Mordor where the Shadows lie.

So what’s in the shadows that isn’t being talked about, isn’t being protested, isn’t being stopped? I assume when I typed that that there is no secret issue, no super issue, no issue that stands above the others. Because if there was we might see that one issue getting different treatment. And we don’t. All the issues come for a while and just go away later. And they self synchronize.

How is one to see what is THE issue (if there is only one)? It must somehow link with all the others in some way, and yet being controlling, being the instrument of synchrony, it must also stand above the other issues in priority and importance. What would a person do to see that which MUST be right here in front of him or her, and yet remains invisible all his or her like thus far?

This forum is primarily about the price of gold, and our behavioural interactions with that number. We can become wealthy or poor from our interactions with that special number, So whatever people say who haven’t “got it” yet, and confirming those who “have got it”, that number which changes from time to time, is important. And gold is linked to confidence. Confidence in …. lots of things. Confidence in law and order. Confidence in currency the use of which is mandated under the pseudonym legal tender. Confidence in …. a number (the gold price) which is either a validation of ability, character, intelligence or a measure of apparent failings in all these personal attributes.

Broken dreams are like broken hearts. It hurts. Like broken self worth estimates hurt. These are real, not imagined things, but they are invisible. Physics of crowds …. or metaphysics? Quasi rules maybe? Or is it the characteristics of the operating system showing from beneath the various applications that run our minds and behaviours?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Inner conversation (with self) on this to draw attention to difficulties in eg trading gold or other assets and provide a general light on what’s involved:

But what hurts us and does not kill us makes us stronger, right?

That’s what they say. Who? ThemOhRightWaitWho is them? The ones who tell us wise sayingsOhBut … but … what about those injuries that hurt us and don’t kill us but leave us incapacitated? We aren’t stronger after those, are we? Well I suppose notSo that wasn’t true what you just said a moment ago! Well maybe it wasn’tSo who told you that? You didMe? 

Who are you? I am you! Your other voice. The one that does things while you are doing other things. Your autopilot. I’m really good at it too. Unlike you that can only do one thing at a time, I do everything else all simultaneously. I manage your breathing, monitor your pulse, sweat to cool you down, drive the car while you’re deep in thought. lots of really important stuff. Heck, I do 99{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of everything we do. All you do is the 1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}.

Me? Only 1{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of my life is me? Sure it is! Except I am you too, so we are both “me” when you think about it, and you’re the thinker after all.

Hmmmmm …..

Am I schizophrenic? Nope! Don’t worry. You’re …..we’re perfectly normal! Everybody has an inner mind that does most of the stuff while their attention is diverted by something else. If that wasn’t the case you’d crash the car as soon as you started thinking about what to have for your next meal! Ha Ha. So I just do whatever you’re not watching out for – I’m your best friend.

Ok I get all that. And it’s nice to know you, even if you are me, it’s like we never talked to each other ever beforeWe didn’t, you can’t see me, I don’t let you. Sometimes we talk while you dream though.

So I have a question. When I get upset, or excited, or put on a trade in gold … is that me, or is it you that’s doing that?

That’s easy! It depends. Depends on what? Well if you’re distracted, it’s me. If you’re reacting without thinking, it’s me. If you do it automatically, it’s me. If it’s reflexive it’s me too! And if your life depends on it, it’s always me because you can’t think fast enough for me to allow you to waste time, and emotions are usually me!

OK. I think I’m beginning to see …. I have another question.

Ask away! If I am really we, and we both trade gold, how would I know which of us is the better trader or investor? That depends. Are they logical, emotional or automatic, or feelings based, or thought based trades? I don’t know. I never thought about it that way before. Aaah you said “thought”! So it must be you. Those ones I mean.

But what about the others?

Well that’s hard to say for sure. It probably varies from time to time which of us does the tradesYou, I mean we, should ask somebody who knows this stuff. You read something recently about zen in trading, and something else about inner mind in trading, and he also wrote about trading at different time. That guy! Look him up.

Read More @ TFMetals.com

Trump Ally Roger Stone Calls John Podesta a Pedophile

by Caleb Ecarma,  Mediaite:

Infamous for his dirty-tricksterism, ludicrous statements and gaudy persona, Roger Stone has never backed off from blustery political antics — and casually throwing around accusations of pedophilia are literally just another Tuesday in his life.

In a tweet issued Tuesday evening, Stone called former Hillary Clintoncampaign manager John Podesta a pedophile, again implying that the Democrat strategist is involved in the made-up child sex ring known as Pizzagate.

Pizzagate is a conspiracy theory created by the more fringe supporters of President Donald Trump, which claimed that Clinton staffers were behind a pedophile ring based inside a Washington pizza restaurant. The debunked idea was inspired by a number of pro-Trump media figures — including InfoWars’ Ales Jones — who claimed Clinton allies used code-words to refer to child prostitutes in emails published by Wikileaks.

Stone has also claimed that Gen. Michael Flynn knew of pedophiles involved in the “Deep State” — implying that this was a reason why Flynn was ousted from the Trump Administration.

Yesterday, Stone appeared in front of the House Intelligence Committee in a closed-doors hearing regarding Russia’s involvement in the 2016 presidential election. The allegations against Stone are that he had prior knowledge of the Clinton campaign hacking, since Stone tweeted an ominous threat toward Podesta two days before his emails were released. Additionally, Stone was known to have contact with a hacker believed to be connected to Russian cyberattacks.

However, he denies any involvement with Russia both personally and on behalf of the Trump campaign, saying that — despite his sleazy persona — treason is not a tactic he would stoop to.

Read More @ Mediaite.com

JURY’S REACTION TO PEAK CORRUPTION: JPMorgan Ordered To Pay Over $4 Billion To Widow And Family

from Zero Hedge:

A Dallas jury ordered JPMorgan Chase to pay more than $4 billion in damages for mishandling the estate of a former American Airlines executive.

Jo Hopper and two stepchildren won a probate court verdict over claims that JPMorgan mismanaged the administration of the estate of Max Hopper, who was described as an airline technology innovator by the family’s law firm. The bank, which was hired by the family in 2010 to independently administer the estate of Hopper, was found in breach of its fiduciary duties and contract. In total, JP Morgan Chase was ordered to pay at least $4 billion in punitive damages, approximately $4.7 million in actual damages, and $5 million in attorney fees.

The six-person jury, which deliberated a little more than four hours starting Monday night and returned its verdict at approximately 12:15 a.m. Tuesday, found that the bank committed fraud, breached its fiduciary duty and broke a fee agreement, according to court papers.

 image credit: ydailynews.com
image credit: ydailynews.com

 

“The nation’s largest bank horribly mistreated me and this verdict provides protection to others from being mistreated by banks that think they’re too powerful to be held accountable,” said Hopper in a statement. “The country’s largest bank, people we are supposed to trust with our livelihood, abused my family and me out of sheer ineptitude and greed. I’m blessed that I have the resources to hold JP Morgan accountable so other widows who don’t have the same resources will be better protected in the future.”

“Surviving stage 4 lymphoma cancer was easier than dealing with this bank and its estate administration,” Mrs. Hopper added.

Max Hopper, who pioneered the SABRE reservation system for the airline, died in 2010 with assets of more than $19 million but without a will and testament, according to the statement. JPMorgan was hired as an administrator to divvy up the assets among family members. “Instead of independently and impartially collecting and dividing the estate’s assets, the bank took years to release basic interests in art, home furnishings, jewelry, and notably, Mr. Hopper’s collection of 6,700 golf putters and 900 bottles of wine,” the family’s lawyers said in the statement. “Some of the interests in the assets were not released for more than five years.”

The bank’s incompetence caused more than just unacceptably long timelines; bank representatives failed to meet financial deadlines for the assets under their control. In at least one instance, stock options were allowed to expire. In others, Mrs. Hopper’s wishes to sell certain stock were ignored. The resulting losses, the jury found, resulted in actual damages and mental anguish suffered by Mrs. Hopper. With respect to Mr. Hopper’s adult children, the jury found that they lost potential inheritance in excess of $3 million when the Bank chose to pay its lawyers’ legal fees out of the estate account to defend claims against the Bank for violating its fiduciary duty.

Confirming that much of America does not hold Wall Street in high regard, the court’s verdict form showed that  jurors awarded $8 billion in punitive damages against the bank. Alan Loewinsohn, attorney for Jo Hopper, said in an interview there may be duplication of some of the damage findings. He asked the jury to take into account the bank’s worth and asked them for $2 billion in punitive damages. “I believe they used that figure for the other parties in the case as well,” he said.

As a result, he said, the punitive damage award could end up being “somewhere between $4 billion and $8 billion.” The verdict form also shows jurors were advised to consider factors including “the net worth of JPMorgan.” JPM has a market cap of about $330 billion.

At the lower end of that range, the jury’s award would erase almost two-thirds of the $6.6 billion profit that JPMorgan generated globally during the second quarter. According to Bloomberg, it would rank high among the largest sanctions ever levied against the bank – somewhere between the $2.6 billion it agreed to pay in 2014 for allegedly failing to stop Bernard Madoff’s Ponzi scheme, and a $13 billion settlement it reached with government authorities in 2013 for its handling of mortgage bonds that fueled the financial crisis.

“Mrs. Hopper asked the jury to send a message loud enough for JP Morgan to hear it all the way to Park Avenue in Manhattan,” said Loewinsohn, “Hopefully, that message has been received.”

Read More @ ZeroHedge.com

Ethanol, the Problem

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by Bob Rinear The International Forecaster:

The bottom line is this folks. In areas where they can grow sawgrass and sugar cane, the “price” about equals out, but there’s a bigger carbon print. In areas where we’re using corn, the math does NOT work.

The other day I wrote a piece about dealing with the heat of Florida during a power outage, where the temp might be 94 degrees and the Humidity over 85{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. I mentioned that a good gas generator, and a small window air conditioner can indeed get you through some rough nights.

But I also took a swipe at Ethanol gas, calling it Devil spawn and mentioned that it has several inherent problems here in the US as a fuel. Some of those problems are ECONOMIC, so today I want to explain my position. This is mainly in response to someone that wrote in, that sort of praised Ethanol’s use as a fuel, so let’s get to the nitty gritty of it all.

First the problems with the fuel itself. Ethanol Causes Fuel Decay. High amounts of oxygen in ethanol blended fuels cause gasoline to decay faster, and if left standing for long periods of time, the decaying fuel leaves varnish and sludge deposits. Those deposits WILL gum up your carburetor and jet passages and create all manner of issues.

Secondly, Ethanol is an alcohol and it chemically attracts water right out of the atmosphere. Well as you can imagine, one place you don’t want any water at all is in the fuel system of your boat/generator/small engines, etc. No, it’s no good and left for a long enough time, a bizarre situation develops where a layer of water contacts the gas and creates this “muck” called an inversion, that simply will not burn.

As I mentioned, in a closed loop system like a car where the system is pressurized and very little air gets in, it’s not horrible. But in open vent systems, it can cause huge problems. Simply ask any boater that went through nightmares when this stuff was first mandated as law. Many tens of millions of dollars went into repairing marine systems.

But it isn’t simply the problems I have with the fuel that are the big time issues. So let’s get all manner of Eco-sensitive here and see if Ethanol has been a plus or a minus for the earth.

When any alternative fuel comes to fruition, I tend to pay attention. I am wickedly in favor of solar for instance. The Sun rains down enough photons in ONE HOUR to power 2,000 trillion lightbulbs. We get enough light from the sun, if properly captured and stored, to run every gadget on the planet for 36K years. Every day. So with all this free energy bombarding us, doesn’t it make sense to figure out how to use it and store it? It certainly does.

But in the quest to get away from oil, people have tried all manner of “bio-fuels” and Ethanol at first, looked pretty good. In South America, they can grow sugar cane anywhere. It’s like a weed there. So, they started growing it in huge farms, and turning that biomass into Ethanol, and using it as a fuel. Well, the problem was and still is that 1) they have been cutting down the rain forests which capture so much of the carbon from the air, that 2) the “net-net” is that the world council says we put more carbon in the air, from all the excess farming, deforesting, and machinery needed to do it.

But Carbon is only one part of the problem. See, here in the US, we can’t grow sugar cane anywhere but in South Florida. So we turned to corn, which we can grow almost anywhere. But again the problems outweighed the benefits.

First off, is the volumes. To make enough corn to provide the 10{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} ethanol we need to run our vehicles, we had to once again expand the farm land, cut into wood lands, and use a lot more vehicles/machinery. That’s bad enough but more importantly, corn is the feedstock for anything from beef to chicken to table fare. We had to take some of that supply and turn it to making ethanol. So, when demand hit supply, the prices of feedstock rose, and thus so did beef and chicken etc.

Here’s a snippet from Forbes with some numbers:

In 2000, over 90{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the U.S. corn crop went to feed people and livestock, many in undeveloped countries, with less than 5{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} used to produce ethanol. In 2013, however, 40{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} went to produce ethanol, 45{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} was used to feed livestock, and only 15{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} was used for food and beverage (AgMRC).

The United States will use over 130 billion gallons of gasoline this year, and over 50 billion gallons of diesel. On average, one bushel of corn can be used to produce just under three gallons of ethanol. If all of the present production of corn in the U.S. were converted into ethanol, it would only displace 25{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of that 130 billion.

But it would completely disrupt food supplies, livestock feed, and many poor economies in the Western Hemisphere because the U.S. produces 40{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of the world’s corn. Seventy percent of all corn imports worldwide come from the U.S. Simply implementing mandatory vehicle fuel efficiencies of 40 mpg would accomplish much more, much faster, with no collateral damage.

The bottom line is this folks. In areas where they can grow sawgrass and sugar cane, the “price” about equals out, but there’s a bigger carbon print. In areas where we’re using corn, the math does NOT work. We spend more to make a gallon of ethanol than it sells for. How can that work? Subsidies. The Government pays for it.

Read More @ TheInternationalForecaster.com

 

An Update from Patrick Donnelly, President of First Mining Finance

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by Turd Ferguson, TF Metals:

On Monday, we had the opportunity to catch up with Patrick Donnelly, President of First Mining Finance. The company has recently posted an excellent, new economic assessment of one of its properties so you should be sure to have a listen.

The assessment was posted with this press release late last week: https://www.firstminingfinance.com/news/releases/index.php?&content_id=257

This is all very encouraging and it bodes well for the success of FMF’s long-term business plan. If you’re already a shareholder, I think you’ll find this update to be quite interesting. If you’re not a shareholder, this might be cause to give the company a second look. As always, do your own due diligence and assess the risks before taking any action.

Thanks again to Pat for sparing the time to bring us this information.

Click HERE to listen.

Read More @ TFMetals.com