Posts tagged: David Bond
A well-educated friend approached us the other day. A friend of his had decided to give up cigarettes and put the $250 a month he was saving in to silver, but hadn't a clue how to do it? At first blush such a question uttered here in North America's greatest silver-mining district might be as silly as someone from Detroit asking what a car is. But perhaps not. Silver-mining isn't taught in our local schools anymore, and probably not a single schoolteacher within 600 miles who could tell you the difference between the Fabian Society and Austrian School thinking on monetary policy/David Bond, Wallace Street Journal. More here.
Just when was it that the United Snakes of America declared war on the Coeur d'Alene Mining District, and why? … Was it just last year, when the US EPA sweated a $200 million settlement out of Hecla Mining Co. for alleged “environmental damages” for having the temerity to mine silver, lead and zinc in the Silver Valley? (That amount, ironically, is about what Hecla intends to spend extending the life of the Lucky Friday by some 30 years.) Or was it just last week, when the federal Mine Safety and Health Administration shuttered the Lucky Friday mine for up to a year on an utterly vacuous claim that is main vertical access way, the Silver Shaft, had miraculously become unsafe - overnight? This is the same MSHA that inspects the shaft every three months, most recently a month ago. What changed in 30 days to render the Silver Shaft unserviceable? According to MSHA, 30 years' accumulation of crud leaking from sand lines that have built up along the mile-deep, 18-foot cylindrical shaft's concrete liner/David Bond, Silverminers.com. More here.
Question: Do you think the USA has declared war on the Silver Valley mining district? Or is simply being safety conscious after a series of accidents in 2012?
DeePee (re: Feds pledge mine cave-in probe): Oh boy, just what we need: a bunch of coal-mining types, who don’t understand a thing about hard-rock mining, “investigating” what happened here. MSHA inspectors have standing orders to sweat western hard-rock mining companies here for every violation they can, no matter how trivial and irrelevant to safety, in order to keep funding the agency. That they will attempt to capitalize on the tragedy of one mining family (and community) is simply egregious. MSHA ran a full inspection of the Lucky Friday not very long ago and found nothing of import wanting, and Pete’s is the mine’s first fatality in a quarter of a century. MSHA should clean its own house, including the rule that no rescue efforts can begin until their people show up from all over the country, when there are people “on the ground” and ready to roll right away.
Question: Can any mine ever be safe enough to prevent a cave-in?
What, exactly, is the price of a miner's penance? How much must a miner pay to cover the shame of being an American miner? (Let us leave alone for a moment the question of why an American miner should be made to feel ashamed of being an American miner by the United Snakes Government.) We have a working number and you should be sitting down for this. The United Snakes government's shame price, the price which an American miner must pay to ensure that he will not be further persecuted for producing metals that for millennia have been used as honest money, and additionally metals which enable cell-phones, Volvos and Prius cars, refrigerators, is: Seven hundred and thirty-one thousand and 667 dollars and some change — $731,666.66 to be precise. Per miner. Per Lucky Friday miner at Hecla's operations in northern Idaho. All in, $263.4 million: two-hundred sixty-three point four million dollars/David Bond, Wallace Street Journal. More here.
Question: Is the mining industry being punished too much for providing us with the metals which enable cell-phones, Volvos and Prius cars, refrigerators?
Ron Paul has written a book, End the Fed, well known in these circles. We have a better idea: Stiff the Fed. In case you missed it, the financial cable network CNBC actually produced something informative a little while ago. It listed our 15 biggest creditors, the entities to which the captive citizens of the United Snakes of America owes money. Canada, which we always held as infinitely more sensible, turned up in the Top 15 for the first time. We owe Canada $3.6 billion. Coming in at 14th is Hong Kong, at $138.9 billion. We owe the Cayman Islands' banking centers $146.3 billion. Twelfth is Brazil; we're into them for $184.4 billion. We owe OPEC $210.4 billion. We owe the insurance industry $261.8 billion. … Are we beginning to see a pattern here?/David Bond, Wallace Street Journal. More here.
Question: Bond goes on to say that the Number One I.O.U. “is our very own United Snakes Federal Reserve Bank, which has us on the hook for a staggering $5.351 trillion!” (which is five times as much as we owe the Chinese). Bond suggests that the U.S. walk away from its debt to the federal reserve, like so many former home owners, and concentrate on paying off everyone else. What do you think of that approach?
Rocks. That's what Robert Hopper was all about. Rocks. He loved them. He was the quintessential miner. He saw a nobility in wresting wealth from the earth. Indeed, he held mining, as he held, of all things, scrap-dealing, as the two noblest activities the common man could engage in. You could create yourself by picking up something that nobody else wanted, and moving it to a place where it had value, and you could profit from your endeavours. Robert, himself, he was a rock. A towering intellect with an insatiable curiosity about the nature of things, was Robert. Bob Hopper didn't just seek knowledge; he dined on it. I could learn more in a one-hour's lunch date about English Literature from Robert than I'd managed in four years studying it at university/David Bond, Wallace Street Journal. More here.
Question: Do you have roots in Silver Valley mining?
To those in search of miracles, I give you this: Without fail, every morning, give or take 5 minutes depending on the weather, at 0530 our newspaper appears on the front porch. Not in the weeds or the snow. On the front porch, right by the door, so a be-slippered old geezer can reach out for it without embarrassing his neighbours or getting frostbite on his toes, even in the dark. The impeccable and predictable timing would be enough to remark upon. Except that, winter or summer, tucked into the newspaper is a dog biscuit. Whoever throws the paper on our porch has never met Chase, our dog, because he is inside the house at this dark hour. But Robert has heard a grump or a woof and figures somebody inside would like a treat. Comes out of his own pocket, this newspaper-carrier’s milk bone/David Bond, Wallace Street Journal. More here.
Question: Do you have a good newspaper carrier?
Following is an open letter to Seattle, written by David Bond, Wallace Street Journal: Imagine if some unelected bureaucracy in Post Falls, Idaho, decided, using computer models, that airplanes were unsafe because: (a) they crash once in awhile, and; (b) the aluminum and plastics used in their manufacture were unsafe to human health if consumed in large enough quantities. Having reached this conclusion, this Idaho bureaucracy ordered the closure of all Boeing plants in your state for 50 to 90 years – said order absolute and not subject to court challenge. What would your reaction be? Probably similar to how those of us residing in the Coeur d’Alene Mining District of northern Idaho feel about the U.S. Environmental Protection Agency’s Region X push for an irrevocable 50- to 90-year record of decision (ROD) imposing absolute rule over our mining community of 10,000 people. More here.
Question: What do you make of the EPA’s push for “absolute rule” over the mining district of the Silver Valley?