http://www.nationaldriller.com/articles/86174
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Monday, October 28, 2013
Tuesday, October 15, 2013
Fwd: Drilling Contracts, Contractors Could be Government Shutdown Victims
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Begin forwarded message:
From: "National Driller" <nationaldriller@bnp-digital.com>
Date: October 15, 2013 3:06:54 PM CDT
To: <bobbygmartin1938@gmail.com>
Subject: Drilling Contracts, Contractors Could be Government Shutdown Victims
Reply-To: "National Driller" <reply-febe167473600c74-44_HTML-96029665-1064422-30@bnp-digital.com>
To view this email as a web page, click here. 
News and information for today's drilling contractor and water systems professional
Top Story October 2013
2013-10
Drilling Contracts, Contractors Could be Government Shutdown Victims
by Jeremy Verdusco | Oct. 15, 2013A lot of drilling gets regulated and ruled on at the local or state level, so a short federal government shutdown didn't concern me. My readers can get to work, get their jobs done and make a living. No problem.
But, the shutdown drags on. Every day brings another tantalizing hint that our elected leaders can make some sense out of this mess. Every day brings a little more disappointment. Those leaders can hold great press conferences. They can negotiate behind the scenes. But they can't seem to work out a solution to the government shutdown that makes all sides happy (or at least equally unhappy).
Problem ... Read more
Industry News
Vermeer Names 'Ultimate' HDD Operator
Texas native Derrick Pursley was named "Ultimate Operator" to wrap up Vermeer's yearlong Navigator Nation campaign.Atlas Copco Announces iT4 Engines on Loaders, Trucks
Atlas Copco will introduce an optional iT4-compliant engine for five of the company's underground loaders and one underground truck.Terramac Rolls Out GPS for RT9 Fleet Customers
Terramac announced a new feature for RT9 rubber-track crawler carriers: Each will come with GPS and a one-year subscription to On-Board Communications data tracking.Little Beaver Releases Lone Star LS T1+ Training Videos
Manufacturer Little Beaver released a video series spotlighting the Lone Star LS T1+ trailer-mounted drill.
NGWA, EPA Team Up for Well Education, Tools
The National Ground Water Association announced a new array of tools to assist household well owners.
Product of the Week
Mobile Drill's B85 Geothermal Drill
The Mobile Drill International B85 geothermal drill is designed to maximize profits and minimize jobsite disturbance.
Editorial contact:
Jeremy Verdusco
(248) 244-6438
verduscoj@bnpmedia.comAdvertising contact:
Dean Laramore
(800) 874-4245
laramored@bnpmedia.com
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Wednesday, October 9, 2013
Fwd: Checkmate - Game Over
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Begin forwarded message:
From: Dr Sircus - IMVA <newsletter@drsircus.com>
Date: October 9, 2013 10:58:19 AM GMT-06:00
To: <Bobbygmartin1938@gmail.com>
Subject: Checkmate - Game Over
Reply-To: Dr Sircus - IMVA <newsletter@drsircus.com>
Trouble Reading This? - Read it on Dr Sircus' Website
Checkmate – Game Over
Financial analyst Dr. Jim Willie says forget about the government shutdown and the debt ceiling. The Treasury market is the big problem. Dr. Willie says, "What's going on with the Treasury bond market right now is systems are breaking . . . they broke the interest rate swaps. They are not functioning anymore. . . . Foreigners are dumping Treasuries." The cost of insuring one-year U.S. bonds against default has quintupled since Sept. 23, according to data from Markit, a financial information company.
Translation – the Federal Reserve, the United States government and New York's biggest banks are boxed into a corner with a horde of financial vipers closing in on every side. What this means is that no matter what the congress and Obama decide its "game over". The problem is that everyone is going to join in on a selling spree of worthless paper only to find out that the paper is indeed worthless.
Who is going to buy the bonds that are now being dumped? Its only paper backed by the good faith of the United States, which unfortunately has not acted in good faith when in league with corrupt activities on Wall Street, which Washington made legal—a total betrayal of not only American people but also the peoples of the entire globe. What happens to the value of something when there are no buyers and only sellers?
Dr. Willie speculates about the meeting last week of all the big bankers at the White House saying, "I think it was an emergency meeting because they cannot successfully defend the dollar anymore, not fend off the big Treasury bond sales. Reversal in the Treasury bond market could be a deathblow for these zombie New York banks. These big banks are in danger of imploding. I do not think the Fed is going to taper its bond buying. I believe they are going to double it."
A U.S. government default will be an economic calamity like none the world has ever seen. Failure by the world's largest borrower to pay its debt — unprecedented in modern history — will devastate stock markets from Brazil to Zurich, halt a $5 trillion lending mechanism for investors who rely on Treasuries, blow up borrowing costs for billions of people and companies, ravage the dollar and throw the U.S. and world economies into a recession that probably would become a depression.
U.S. budgetary uncertainty is breeding a cloud of fear over global financial markets, the damage of increased risk to markets is already being sown. In such a climate of uncertainty, the psychological maelstrom of fear can build to create a herd-like response with everyone running for the exits at once.
"If they seriously default on the debt, what we're really talking about is a depression," says veteran financial sector analyst Richard Bove, VP of research at Rafferty Capital Markets. In a news video, he explains how the fallout would be a lot worse than the recession suffered in 2008 and the aftershocks would be felt for at least a decade.
The U.S. Treasury Department itself is worried reporting, "A default would be unprecedented and has the potential to be catastrophic: credit markets could freeze, the value of the dollar could plummet, U.S. interest rates could skyrocket, the negative spillovers could reverberate around the world, and there might be a financial crisis and recession that could echo the events of 2008 or worse."
Pathetic to have had to listen to the Federal Reserve hint about tapering when they have been under accelerating pressure to buy more because they are the only one left to buy the debt and fund (with funny money created out of thin air) the insane American budget. It is guns or butter after all (basic economics) meaning the United States just cannot afford all its aircraft carriers. The generals have miscalculated building a military establishment that the country nor the world can afford.
Already the situation is morphing quickly with market mechanisms threatening seizure. We keep hearing about the vulnerabilities of the Repo market and all markets dependent on the American dollar and specifically on the value of 10 year. treasury notes for value, all could be ripped asunder from one day to the next.
The winds have changed. Owners of United States treasury bonds are not feeling secure holding mountains of paper that are being threatened with a dramatic loss of value. A plunge in Treasuries would also devalue the dollar, which would instantly make everything we buy more expensive, and in turn destabilize countries and economies all over the world.
Political Rebellion
In America we see a potential rebellion taking place in the Republican Party, which could itself splinter in half if the most conservative elements are not heard. But let's assume the best case scenario. Next week they raise the debt limit. Then what?
The same thing is going to happen but perhaps a few weeks or months later! The inevitable has arrived. If they pass the bill to raise the ceiling who then is going to buy the bonds to pay for continued bloated spending? Investors and sovereign governments are selling bonds and then the Treasury will begin selling bonds if the ceiling is raised. Who is going to buy them?
When the Fed stands naked in full light seen for what it is and for what it now has to do there will be hell to pay. They have not invented the movie script to describe what will happen to the world's civilization when the dollar collapses. The American and entire first world and third world with it will be faced with a depression or outright collapse when nothing will work because currencies and banks will fail along with everything else.
"Now you've got not only the budget but the debt ceiling and time is running out and everybody knows it, including (the politicians)," said Terry Morris, senior vice president and senior equity manager for National Penn Investors Trust Company in Reading, Pennsylvania. "The longer this goes on, the more the uncertainty, the closer the deadline and the more nervous investors are going to be."
Conclusion
You can forget about any default in the debt-ceiling crisis. Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, "The debt ceiling will be raised. No government wants to lose its power or lose its ability to borrow. So, if they don't raise the debt ceiling, it is just a way of Washington committing hari-kari. It simply removes the United States as a super power." Dr. Roberts goes on to say, "If they don't make a deal, one of two things will happen. . . . The Federal Reserve, on its own authority, lends the Treasury the money. . . . The other alternative, Obama . . . can simply declare a national emergency and raise the debt ceiling on his own initiative. He could govern as a dictator." What would happen if the U.S. did default? Dr. Roberts says, "The danger of default is the rest of the world dumps dollars. If they dump dollars, the Fed loses control, the whole system blows up. The banks fail. The bond market collapses. The stock market won't go down 1,500 points; it would be cut in half. " No matter what happens, there is still an enormous and growing debt. Dr. Roberts contends, "The situation is unsustainable." It will blow up at some point, and Dr. Roberts predicts, "It will be worse than the Great Depression because in the Great Depression, prices fell along with employment. Now, prices will be rising and employment would be falling. . . . Gold and silver prices will explode in dollar terms."
Dr. Mark Sircus, Ac., OMD, DM (P)
Director International Medical Veritas Association
Doctor of Oriental and Pastoral Medicine
http://drsircus.com/
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Friday, October 4, 2013
Unusual stock watering system
This system consists of large covered tank with pressure switch connected to pump jack ( 3000 gallons), small concrete tank ( 3x3x3feet) with float operated valve, well with cylinder/ pump jack.
Small tank feeds cattle & large tank feeds small one. Well supplies large tank & level controlled by float.
Small tank feeds cattle & large tank feeds small one. Well supplies large tank & level controlled by float.
Thursday, October 3, 2013
Affordable. Haha ----better read this & pass on
Passing this along................
This is a post from the Obamacare web page and not my actual experience:
"I actually made it through this morning at 8:00 A.M. I have a preexisting condition (Type 1 Diabetes) and my income base was 45K-55K annually I chose tier 2 "Silver Plan" and my monthly premiums came out to $597.00 with $13,988 yearly deductible!!! There is NO POSSIBLE way that I can afford this so I "opt-out" and chose to continue along with no insurance. I received an email tonight at 5:00 P.M. informing me that my fine would be $4,037 and could be attached to my yearly income tax return. Then you make it to the "REPERCUSSIONS PORTION" for "non-payment" of yearly fine. First, your drivers license will be suspended until paid, and if you go 24 consecutive months with "Non-Payment" and you happen to be a home owner, you will have a federal tax lien placed on your home. You can agree to give your bank information so that they can easy "Automatically withdraw" your "penalties" weekly, bi-weekly or monthly! This by no means is "Free" or even "Affordable."
This is a post from the Obamacare web page and not my actual experience:
"I actually made it through this morning at 8:00 A.M. I have a preexisting condition (Type 1 Diabetes) and my income base was 45K-55K annually I chose tier 2 "Silver Plan" and my monthly premiums came out to $597.00 with $13,988 yearly deductible!!! There is NO POSSIBLE way that I can afford this so I "opt-out" and chose to continue along with no insurance. I received an email tonight at 5:00 P.M. informing me that my fine would be $4,037 and could be attached to my yearly income tax return. Then you make it to the "REPERCUSSIONS PORTION" for "non-payment" of yearly fine. First, your drivers license will be suspended until paid, and if you go 24 consecutive months with "Non-Payment" and you happen to be a home owner, you will have a federal tax lien placed on your home. You can agree to give your bank information so that they can easy "Automatically withdraw" your "penalties" weekly, bi-weekly or monthly! This by no means is "Free" or even "Affordable."
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