Grass Valley Council grants Emgold a 180-day extension on mine project

Listening to the Grass Valley City Council meeting on NCTV (there was no picture), the Council granted Emgold a 180-day extension to secure financing for an environmental study that would be a key prerequisite toward reopening the Idaho-Maryland Mine.

If it can’t meet the 180-day deadline, Emgold will be asked to withdraw the project and resubmit it when it has the $$$. Emgold had asked for a 90-day extension, but the Council showed some flexibility before taking more of a “put up or shut up” posture.

Wake me up when there’s something substantive to report on this project — in the discussion phase for years. I’m returning to MLB television.

Is this also President Obama’s doing?

The Dow Jones Industrial Average gained 218 points, to 13177, trading at its highest level since May 2008. And a stock rally pushed the Nasdaq Composite to close above the 3000 level for the first time in more than 11 years. Yet I have not seen CABPRO’s Martin Light and his hard right-wing revolutionaries crediting President Obama for the stock market rally (though they did blame him for higher gas prices). LOL!

(click for larger image)

Jennifer Ray runs for Nevada City Council

I received this press release:
Jennifer Ray, a Nevada City native, has announced her intention to run for Nevada City Council in the June election. She filed nomination papers at City Hall today.

On her decision, she said: “I was raised in Nevada City and my family has been here since the 1880s. I attended Nevada City Elementary and Nevada Union High School. After college and establishing a career, I returned to Nevada City about 7 years ago because Nevada City is where we wanted to raise our daughter. These roots have formed my deep commitment to our community. I want to make sure that Nevada City is the same wonderful place when our daughter is grown.”

Dr. Ray is married and has one daughter who attends Deer Creek School. She has a doctorate in Psychology and practices locally and in Sacramento.

Dr. Ray has been active in neighborhood issues including Friends of Nevada City Elementary.

She added: “Nevada City is a special place to live and visit. People are attracted to Nevada City because it has a healthy balance of neighborhoods, history, culture and art, non-profit organizations, and businesses that make it such a dynamic yet timeless Gold Country town. This is something that other communities envy and that we should protect.”

More arrests in Murdoch media phone-hacking scandal

Life is positive

From a Facebook friend:

Rush’s syndicator suspends a chunk of national ads — hopes it will help quell uproar

“Premier Networks, the company that syndicates ‘The Rush Limbaugh Show,’ has suspended a large chunk of the national advertising that runs on the program for two weeks, according to Radio-Info.com,” according to the Huffington Post.

“The moratorium applies specifically to a class of advertisements called ‘barter spots,’ which are normally run by local affiliate stations in exchange for the right to syndicate radio programming, such as Limbaugh’s daily broadcast. However, ‘[t]his suspension does not apply to in-program commercials provided by Premiere within any of its live news/talk programming,’ Premiere’s letter to affiliates notes.

“The move comes during a tumultuous period for Limbaugh. The conservative pundit first came under fire in late February, when he called Sandra Fluke — a Georgetown Law student who had been denied a chance to testify before a congressional hearing on contraception — a “slut.” After doubling down on his incendiary statements a flurry of advertiser defections quickly snowballed into a mass exodus.

“Radio-Info.com’s Tom Taylor offered his own interpretation of the move during an interview on MSNBC:

‘The whole temperature level of this thing is something that the syndicator and Rush himself would like to bring down. And as you say, that’s why Rush had a round of golf today.

“‘I guess they think if that advertiser’s not being mentioned on the air for two weeks, that advertiser will not get pressure for two weeks to exit Rush’s show.

“‘A lot of advertisers don’t like to be near controversial or potentially offensive programming. And they will instruct people quietly, please don’t put us there. and advertisers move in and out of this all the time. We just don’t hear about this. This one we happen to be hearing about.’”

The rest of the article is here.

Deflating the hot air about gas prices

“There’s a lot of hot air blowing around Washington over gas prices (see how I did that?), so let’s take a moment to go through what we actually know — and what we don’t — about their relationship to the president, the economy, and the campaign,” as the Washington Post writes.

“There’s not much the president can do about gas prices. Presidents — and, more to the point, presidential candidates — don’t like to admit that, of course. When Barack Obama was campaigning in 2008, he told Ohio, ‘you’re paying nearly $3.70 a gallon for gas — 2 1/ 2 times what it cost when President Bush took office.’ Now the Republicans are using much the same line on him.

“But as Steve Mufson writes, there’s no dial in the Oval Office marked ‘price of gas.’ Rather, ‘today’s oil prices are the product of years and decades of exploration, automobile design and ingrained consumer habits combined with political events in places such as Sudan and Libya, anxiety about possible conflict with Iran, and the energy aftershocks of last year’s earthquake in Japan.’ There’s not much a president can do to radically change gas prices in the short term.

“Gas prices can hurt the economy, of course. A U.S. Energy Information Administration analysis proposed a good rule of thumb for this: a $20 increase in the cost of a barrel of oil shaves about 0.4 points off GDP growth hikes unemployment by 0.1 percentage points. As Brad Plumer wrote, ‘In 2011, the United States paid about $125 billion more for oil imports than it did in 2010 (thanks, in part, to the disruptions caused by civil war in Libya). That ‘oil tax’ was essentially enough to wipe out the entire stimulative effects of Barack Obama’s middle-class tax cut.’”

The rest of the article is here.

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