Segment 8
The Formation Metals (FCO.TO) is interesting. They’re trading around their yearly low now around .76, with a high of 2.72 last December. I’m still checking it out but it looks interesting. And Karen…you’re famous now.

Hey!
You found David McAlvany just as I did. If I may plug for him, his weekly commentary podcast is great.
Obama is the Worst President Ever. It is not because he has no experience, it is because he is a Marxist, european-style socialist. Americans are already paying ~65% top marginal tax rates in tax heavy areas like New York City, and their President says they are not ‘paying their fair share’.
Love your guys show.
Today you show discusses a run on the Euro…this worldwide financial depression won’t be over until there is a run on the Dollar, in my opinion.

[…] Listen (Also segment 8 is interview of Formation Metals). […]

Al,
I agree with you, the President said nothing concrete in his speech. Sure he had a bunch of “Talking Points” that sound OK, but there were no details that proved to me that his ideas can be paid for without adding to our debt. He mentioned that his plan would help small businesses many times (which sounds great), but there too, I don’t believe tax credits & $4000 incentives for hiring (when it costs businesses about $85,000 on average to keep an employee per year) will cause hurting small businesses to hire. A real growth plan needs to help promote and incentivise demand for products and services which will help our country produce goods, services, technologies, etc that the world wants to buy. We need real growth not short term patches.

Maybe B.O. will surprise me and come up with details I can believe in a couple of weeks from now. In the mean time, I hope Congress will not pass something without knowing the details.

Thanks,
Rich

Formation has an interesting property with the cobalt mine. However the stock performance has been awful and there is no end in sight. I think the concern is the 2nd phase of financing and how much debt and dilution it will do to the stock. An 80 million equity placement diluted the stock and production is still at least a year away. I’m not sure the big risk is out of the stock at this price yet.
Al, what do you think about the stock performance and the future financing needs?

Hi Big Al…
here are some links to explain how tax rates are destroying the incentive to work

http://www.forbes.com/forbes/2009/1005/taxes-financial-aid-college-roughing-up-middle-class.html

http://www.investors.com/NewsAndAnalysis/ArticlePrint.aspx?id=506199&p=2

http://online.wsj.com/article/SB10001424052748704113504575264513748386610.html#printMode

here is a Peter Schiff article that describes perfectly how Obama’s latest plan will be abused/misused…
http://www.businessinsider.com/obamas-job-plan-to-save-country-please-its-more-of-the-same-2011-9

Apologize in advance for diverting readers to other web sites, but I get the strong impression you and your readers will agree with these viewpoints..

Hello Al and Peter,
Just a word of caution about interpreting what liberals are saying about Obama. They like what he has done. He has destroyed all of the US allies in the mid-east, strengthened our enemies, humiliated Israel, massively grown our debt, taken control of major banks and businesses. They are only disappointed that he can not be re-elected. At the appropriate time the liberal media will in a sustained and coordinated effort declare Obama unsuitable for reelection and support a replacement such as Hillary Clinton.

HELLO EVERYONE,

I realize that this is not a religious forum, I

Government can be effective as it was in the global Great Depression which did not fully end in the U.S. until Uncle Sam spent massive amounts of borrowed money to build the Arsenal of Democracy and employ millions of young men to win WWII. If anything, the government did not spend enough to stimulate the economy before 1940 when consumers and business were unable to do it.

Hello Bentnail,
Beautiful video and Awesome Truth!! A friend sent me that video about 2 months ago, but I had forgotten it, so it was a real treat to see it again. It was no less spectacular the second time. Thank you!
….”the heavens declare the Glory of God, and the earth shows His handiwork.”
Romans 1: 19, ” since what may be known about GOD is plain to them, because GOD has made it plain to them. (20) For since the creation of the world GOD’s invisible qualities—HIS eternal power and divine nature—have been clearly seen, being understood from what has been made, so that people are without excuse.”
That poor soul who does not hold, at a minimum, a cursory acknowledgment of the existence of the Creator, is lacking a major portion of the understanding needed with which to make a reasoned and rational coherence of life.
God Bless,

Al and all of you, please read this article.

http://www.politico.com/news/stories/0911/62999.html

I know of only one presidential candidate who would end this madness. I think you know who that candidate is.

Hello Everyone,

Here is an editorial that recently appeared in The Washington Post. Please give me your valuable opinions.

Thanks,

Big Al

WASHINGTON —” After we honor the 10th anniversary of the attacks of Sept. 11, 2001, we need to leave the day behind. As a nation we have looked back for too long. We learned lessons from the attacks, but so many of them were wrong. The last decade was a detour that left our nation weaker, more divided and less certain of itself.
Reflections on the meaning of the horror and the years that followed are inevitably inflected by our own political or philosophical leanings. It’s a critique that no doubt applies to my thoughts as well. We see what we choose to see and use the event as we want to use it.
This does nothing to honor those who died and those who sacrificed to prevent even more suffering. In the future, the anniversary will best be reserved as a simple day of remembrance in which all of us humbly offer our respect for the anguish and the heroism of those individuals and their families.
But if we continue to place 9/11 at the center of our national consciousness, we will keep making the same mistakes. Our nation’s future depended on far more than the outcome of a vaguely defined “war on terrorism,” and still does. Al-Qaida is a dangerous enemy. But our country and the world were never threatened by the caliphate of its mad fantasies, and never were.
We asked for great sacrifice over the last decade from the very small portion of our population who wear the country’s uniform, particularly the men and women of the Army and the Marine Corps. We should honor them, too. And, yes, we should pay tribute to those in the intelligence services, the FBI and our police forces who have done such painstaking work to thwart another attack.
It was often said that terrorism could not be dealt with through “police work,” as if the difficult and unheralded labor involved was not grand or bold enough to satisfy our longing for clarity in what was largely a struggle in the shadows.
Forgive me, but I find it hard to forget former President George W. Bush’s 2004 response to Sen. John Kerry’s comment that “the war on terror is less of a military operation, and far more of an intelligence-gathering and law-enforcement operation.”
Bush retorted: “I disagree — strongly disagree. … After the chaos and carnage of September the 11th, it is not enough to serve our enemies with legal papers. With those attacks, the terrorists and their supporters declared war on the United States of America, and war is what they got.” What The Washington Post called “an era of endless war” is what we got, too.
Bush, of course, understood the importance of “intelligence gathering” and “law enforcement.” His administration presided over a great deal of both, and his supporters spoke, with justice, of his success in staving off further acts of terror. Yet he could not resist the temptation to turn on Kerry’s statement of the obvious. Thus was an event that initially united the nation used, over and over, to aggravate our political disharmony. This is also why we must put it behind us.
In the flood of anniversary commentary, notice how often the term “the lost decade” has been invoked. We know now, as we should have known all along, that American strength always depends first on our strength at home — on a vibrant, innovative and sensibly regulated economy, on levelheaded fiscal policies, on the ability of our citizens to find useful work, on the justice of our social arrangements.
This is not “isolationism.” It is a common sense that was pushed aside by the talk of “glory” and “honor,” by utopian schemes to transform the world by abruptly reordering the Middle East — and by our fears. While we worried that we would be destroyed by terrorists, we ignored the larger danger of weakening ourselves by forgetting what made us great.
We have no alternative from now on but to look forward and not back. This does not dishonor the fallen heroes, and Lincoln explained why at Gettysburg. “We cannot dedicate — we cannot consecrate — we cannot hallow — this ground,” he said. “The brave men, living and dead, who struggled here, have consecrated it, far above our poor power to add or detract.” The best we could do, Lincoln declared, was to commit ourselves to “a new birth of freedom.” This is still our calling.”
E.J. Dionne Jr.’s column appears regularly on editorial pages of The Times. His email address isejdionne@washpost.com

Thanks for posting the articles. I think the wor on terror will continue as is because there’s just too much money to be made from it. That is until the Chinese stop loaning this country money.

Here are some gems:

On this tenth anniversary of the 9/11 attacks, here are a few epigrams plucked from Terrorism & Tyranny: Trampling Freedom, Justice, and Peace to Rid the World of Evil (Palgrave, 2003):

Nothing happened on 9/11 that made the federal government more trustworthy.

The Patriot Act treats every citizen like a suspected terrorist and every federal agent like a proven angel.

The worse government fails, the less privacy citizens supposedly deserve.

There is no technological magic bullet that will make the government as smart as it is powerful.

The U.S. government is far more efficient at making enemies than at defending Americans.

Killing foreigners is no substitute for protecting Americans.

Perpetual war inevitably begets perpetual repression. It is impossible to destroy all alleged enemies of freedom everywhere without also destroying freedom in the United States.

A lie that is accepted by a sufficient number of ignorant voters becomes a political truth.

Citizens should distrust politicians who distrust freedom.

In the long run, people have more to fear from governments than from terrorists. Terrorists come and go, but power-hungry politicians will always be with us.

Habeas corpus is an insurance policy to prevent governments from going berserk.

Here’s a great commentary by Judge Napolitano

http://www.foxbusiness.com/on-air/freedom-watch/index.html#/v/1151903632001/remembering-911-life-liberty–truth/?playlist_id=158146

Hello Big Al,
The link you posted was the same one as Bentnail’s. Repost and I will gladly take a look at it. Thanks.
Best

Interesting that you should use the imeragy that there are sockets without the light bulbs in them. This is close the imeragy of the electric grid in which there are some vital hubs that need to be accessed (although there may be multiple paths to get to those hubs). Interestingly enough, I went through a similar search this year when I was updating my speech presentation course. I had the same end results (creating a schema about professional speech giving) with totally different paths to get there. Every source you named was new to me!I have been doing a lot of reading lately about organizational knowledge building. Much of the literature distinguishes between knowledge (having access to content or information about a topic) and knowing (having a schema or “apprehesive” or implicit knowledge within which to make sense of the content). It sounds to me like you and I have different ways of knowing about the topic, which points us in different direction when seeking knowledge about the topic. You come from this as a speaker/business professional whereas I come from it as a communicator/instructor. This is not to say that in discussing this we can’t begin to share a common understanding (thus creating a new way of knowing).