Craig Stanley: Focus on Fundamental Drivers for
Gold and Copper

post from Jutia Group on 20 January 2010 03:41:44 PM. © Jutia Group

Source: Interviewed by Karen Roche, Publisher, The Gold Report Pinetree Capital Resource Analyst Craig Stanley sheds some light for The Gold Report on how real interest rates are driving gold’s rise. Although the 10-year real rate is positive now, he says if it goes negative, and stays negative, "Look out. The gold price could really spike." In this exclusive Gold Report interview, he discusses some of the junior exploration and development companies in Pinetree’s portfolio. The Gold Report: Craig, in June you wrote that real interest rates are the primary factor driving the rise in gold prices. Can you elaborate? Craig Stanley: It’s important to know the…

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King's Dream Is Still Unrealized

post from Everyday Citizen on 20 January 2010 03:41:22 PM. © Everyday Citizen

Since Barack Obama's historic election to the presidency in 2008, veteran civil rights activists[...]

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After Brown’s Win, Steele Still Pessimistic
About GOP’s Chances To Win House And Senate Majorities In 2010

post from Think Progress on 20 January 2010 03:40:00 PM. © Think Progress

The Republican Party’s congressional leadership was reportedly angered when RNC Chairman Michael Steele said recently that the GOP probably won’t win majorities in the House and Senate in this year’s mid-term elections and that the Party isn’t quite ready to lead.

Despite the backlash from his colleagues on the Hill, and in the wake of Scott Brown’s (R-MA) victory in the Massachusetts, Steele still proclaims pessimism about the GOP’s chances in 2010. “You just can’t stop and think, ‘well OK now we’ll win in Maryland, we’ll win Delaware and we’ll win everywhere in the country because we won in Massachusetts.’ Every place is different,” he told a local Maryland radio show today. And on ABC this morning, Steele again said the GOP probably won’t win back the House and Senate:

STEPHANOPOULOS: Scott Brown wins in Massachusetts. Does this mean that the Republicans are going to take the House and Senate in November?
STEELE: Oh, I think we are very well on our way at this pace to certainly narrow the margin in the United States Senate as we will in the House and we?ll see how the rest of it plans out.

Watch it:

video details and more

Congressional Republicans are putting forth a different message from Steele. National Republican Senatorial Campaign Committee Chairman Sen. John Cornyn (R-TX) suggested in an interview with the New York Times today the possibility of a GOP “tsunami” this November. A National Republican Congressional Committee (NRCC) spokesman echoed Cornyn. ?If Democrats can?t sell their agenda in the bluest state in the country, they can?t sell it anywhere…to that end, it will have a significant ripple effect on campaigns across the country.” “Scott Brown’s win confirms the serious ramifications that will haunt Democrats all the way to the November elections,” NRCC chair Rep. Pete Sessions (R-TX) said. “There is a movement building in America that threatens their majority in Congress.”

?You really just have to get him to stop,” one top congressional GOP aide said of Steele after his comment that the party wasn’t ready to lead. Another aide said Party leaders want Steele “out of sight, out of mind.”

(HT: Hotline On Call)

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Eathquakes have no conscience: People should.

post from field negro on 20 January 2010 03:39:00 PM. © field negro

I want to break away from the tragic events and human suffering taking place in Haiti to write about some tragic events and human suffering a lot closer to home. Here in Philly we are used to murders. I am surrounded by killings and killers in both my professional life and my life as a citizen. I could blog about a different murder every day, but I wouldn't have time to blog about anything else.
Sadly, every now and then one of the murders in our city strikes a nerve with me. The murder of Ellen Walton in East Germantown struck struck such a nerve. Here was a woman who dedicated her life to helping others, working as a social worker and volunteering to help food banks and her church in service to her community. A solid citizen and human being who contributed in a positive way to the fabric of this city. Yet some animal [or animals] saw it fit to brutally take her life away from her. The poor woman could not even enjoy her golden years.
"Sometime during the last week, Walton apparently returned to her house on the 6300 block of Magnolia Street, parked her car, and opened her back door to enter through the basement, as she usually did. Police believe she turned the key in the lock, and was then forced inside by an unknown number of people, who beat her to death and ransacked her home. The intruders took two televisions, cash, and possibly some jewelry, and drove away in Walton's Toyota Rav 4.."
"Two televisions, cash, and possibly some jewelry." "Two televisions,cash, and possibly some jewelry." Two televisions....no matter how many times I say it, it's still not making sense to me. When an act of nature destroys hundreds of thousands of lives it's horrific, but it's an act of nature. The elements are not supposed to have a soul or a conscience. When a human being does shit like this-take the life of someone so innocent and defenseless-it makes us all angry. "Neighbors described Walton as a friendly woman who mostly kept to herself and had a kind smile for everyone. 'I can't even talk about it," said Karen Bruce, a nurse who regularly makes home visits to a house on Walton's block. "It's very upsetting - a tragedy."'
A tragedy indeed.
Of course, here in A-merry-ca, we have had our fair share of those lately. Tragedies are becoming the norm.
Just yesterday, in Virginia, another animal masquerading as a human being killed eight people (Including his wife and son.)
"The shooting occurred around noon Tuesday when Speight shot and killed his wife and son amid a domestic dispute, a vice-chairman of the Appomattox County Board of Supervisors told the Washington Post....Last night, Molnar confirmed to the Daily News that eight people -- including both men and women -- were slain. Their names were not released.
Three bodies were found inside a home in Appomattox County; four were found just outside, Molnar said, who declined to discuss a possible motive for the shooting.
The bloodshed came to light after a 911 caller notified authorities that a man, his eighth man, was lying in the middle of a rural road, mortally wounded."
Wow! Just wow!
And finally, back to the natural tragedy, the one without a conscience. It's nice to see different countries coming together to help the cause in Haiti. (This is what different countries coming together can do. Look what Italy, Ireland, and Jamaica coming together gave us: Alicia Keys!) Cooperation is always a good thing. And I usually never have anything nice to say about the IMF and the World Bank, but I am glad to see that they forgave about 1.2 billion in debts that Haiti owed them. It's just sad that it took a tragedy like this to get them to do the right thing.
Oh well, I won't trip, maybe there is some good in the world after all. It's just that it's so hard to find it sometimes.

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Obama Says To Senate, Don't "Jam" HCR Through
Until Brown Is Seated

post from Daily Kos on 20 January 2010 03:38:21 PM. © Daily Kos

The President comes out against any plan to pass health care reform before Senate-elect Scott Brown (R-MA) is seated:

STEPHANOPOULOS: What is the strategy on health care going forward?

OBAMA: Here's one thing I know, and I just want to make sure that this is off the table. The senate shouldn't, certainly shouldn't try to jam anything through until Scott Brown is seated. The people in Massachusetts spoke. He's got to be part of that process.

And while some may have been hoping for an "in your face, GOP" vote, this takes the heat off of progressive House members who were under a lot of pressure to go along with the Senate version of the health care bill. In the end, this could mean we get a better bill.

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-Dont-Jam-HCR-Through-Until-Brown-Is-Seated

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Claire Never Fails to Disappoint, Does She

post from They gave us a republic... - Front Page on 20 January 2010 03:27:53 PM. © They gave us a republic... - Front Page

I'll give Claire McCaskill this...she never passes up an opportunity to stick it to the Liberals without whom she would have never been elected. Indeed, she seems to take great glee in telling us to get bent.

Well guess what, toots? It goes both ways.

Today was the final straw, and I will have sharp words for whatever poor unfortunate soul calls my number on her behalf come 2012.

Sen. Claire McCaskill (D-Mo.) has joined Sen. Jim Webb (D-Va.) in warning leaders not to try to push a revised health care reform bill through the Senate before newly elected Republican Scott Brown arrives.
McCaskill said Wednesday morning that "people out there" believe the agenda is "going too far, too fast" and that it would be a "huge mistake" for Democrats to force a vote on a new bill in the Senate before the new senator from Massachusetts is seated.
"As I said to somebody last night:, everybody needs to get the Washington wax out of their ears and listen and pay attention that people out there believe that we are going too far, too fast," McCaskill told POLITICO.

Given that I was just about her last defender in these parts, she just doesn't seem to have any friends left on the left. And it's her own damn fault for never missing an opportunity to stab us in the back.

She seriously wants to wait for the guy who ran on a campaign promise to destroy what Ted Kennedy worked for for forty-seven years???

With Democrats like her, who needs republicans?

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e-never-fails-to-disappoint-does-she

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Krugman: Im pretty close to giving up on Mr.
Obama

post from AMERICAblog News on 20 January 2010 03:25:00 PM. © AMERICAblog News

This is interesting because, in the last month or two, it seems that Obama somehow wooed Paul Krugman, a longtime critic of the administration, onto the reservation. Krugman ended up a big Obama defender on health care reform when many of us were less impressed. It appears Krugman is now off again.

Krugman had this to say about the news that the President is urging the Congress to pass a pared down version of the health care bill:

In short, ?Run away, run away?!

Maybe House Democrats can pull this out, even with a gaping hole in White House leadership. Barney Frank seems to have thought better of his initial defeatism. But I have to say, I?m pretty close to giving up on Mr. Obama, who seems determined to confirm every doubt I and others ever had about whether he was ready to fight for what his supporters believed in.

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Blocked Haitian Aid Shipments Costing Lives

Questions continue about the US management of the Haitian airport as diverted flights mean that essential supplies don't reach victims in time.[...]

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http://firedoglake.com/2010/01/20/blocked-haitian-aid-shipments-costing-lives/

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Snowe Really

We're starting to pick up hints that the White House is making another serious bid to pick up the vote of Sen. Olympia Snowe. Really? If they do it and get a reasonable bill, great. But it's exceedingly difficult for me to see that as a realistic[...]

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That'll Show 'Em

From the latest talking points released by senate Dems ..."Republicans have an obligation to the American people to join us in governing our nation through these difficult times and to help clean up the mess they left behind. It is mathematically[...]

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