Steven J Connolly

Friday
Jul312015

Removing Barriers. 

There is a saying out there and it goes "good fences make for good neighbors."

I'm still reading through the list of trade sanctions imposed on Iran because of it's nuclear ambitions against Zionism.

It's especially interesting reading in the energy complex. The statistics aren't in front of me, but this morning I think it read that Iran can comfortably pump at "least 220,000 barrels a day" onto the world's market for crude oil. Think West Texas Intermediate Crude Oil selling for $35.50 a barrel. This is a bit better than $97.00 a barrel.

Do fences make for good neighbors? The Proposed "Iran Deal" will bring more petroleum onto the market. What will Reps. Guinta and Kuster say to this?

Previously, Rep. Frank Guinta has made statements against this "Iran Deal." I'm confident Rep. Annie Kuster will do as she is told and vote against it.

Guess in New Hampshire we'll have to accept rising energy prices because our elected officials won't do anything to take down the walls.

 

Thursday
Jul302015

Trade With Iran. 

I'm reading through a list of economic sanctions that will be removed from Iran if this nuclear 'deal' (stated 26 times) goes though.

The Ex-Im Bank is fairly high on the list.

There has been quite a debate, or at least a concern in New Hampshire about the value of the Ex-Im Bank and whether this financial institution is basically a political pawn.

I haven't seen either Sens. Shaheen or Ayotte come up with an alternative to the Ex-Im Bank and it proposed reauthorization. If nothing else this might be further access into Iran, it's markets, it's priorities and most importantly it's direction.

Next several weeks should be most interesting.  

 

Saturday
Jul252015

Don't Arm The National Guard. 

Yet another petition to do something. Militia men (if they can be called this) standing outside recruiting office with semi-automatic weapons and 30 round magazines.

Safety and security they maintain.

Then there is the idea to arm the military recruiters themselves including the National Guard here in New Hampshire. All of this is a mistake.

The main reason is training. It's true that members of the military are all trained in weapons handling. And it's an indepth training, most of which is geared for combat, assault and the tactical requirements for being on a battlefield. These are different weapons handling skills than what is used for other fields: say law enforcement, recreational hunting and even self- defense against unemployed lunatics with MOAR GUNZ that go into a strip mall and simply open fire. Military Recruiters Shouldn't Be In Strip Malls. These Individuals Are Not Going To Make This Situation Any Safer.

Instead of arming the National Guard members including the training required, which would be costly, the military should be looking at the dangers to the recruiters themselves. For example, why are recruiting offices located in strip malls? They didn't used to be in strip malls, including the often over priced rent that is charged for these spaces.

Politics is one reason. But this is a discussion for another thread.

Recruiting offices should be located on the respective military base, barracks, armory, etc. or possibly even the U.S. Post Office where there are already well established security protocols in place. It would be safer and cost less money to do military recruiting this way.

I've heard the argument that the military needs to be "recruiting where the consumers are." Again, this is politics ---largely derived from the strip mall owners looking for tenants to fill their growing list of empty spaces. If the military needs to be recruiting for the same customers frequenting Chick-A-Fill or even Starbuck's Coffee there is a problem.

This includes the NH National Guard.

 

 

Saturday
Jul252015

Getting No Response. 

DRAFT

To The Editor:

  In late June Gov. Maggie Hassan signed Senate Bill 88 into state law.

  This is legislation that calls for a study of "public-private partnerships" in the field of intermodal transportation, something that is needed in New Hampshire. It's also similar to what Maine and Vermont are doing namely, using transportation: highway,rail,air and sea to advance the economy and create locally based jobs.

  I attempted to contact Executive Councilor Joe Kenney to see what his position is about intermodal transportation and creating jobs in the North Country. Kenney never responded. Senate Bill 88 is good legislation and law for New Hampshire. It's unfortunate that local politicians like Councilor Joe Kenney can't respond to this.

 

 

Friday
Jul242015

Montreal Imagination. 

Every time I go to Montreal I hear hear, see, read or even sense things happening. If one word had to be used to describe this it would be:

Intriguing.Backed By Gold >$1000.00 an ounce?

Did I spell that last word right? Nothing came up in the spell check. But let's move on, or back to Montreal.

This time I was at a cigar bar on the corner of Crescent and St. Katherine's streets near the famed Hard Rock Cafe. And not that I would ever listen in other's conversations as that wouldn't be right, on this particular night there was alot of conversation about the financial markets and much of it was at a global scale.

As all of you know the price of gold is tumbling. I'm reading that JP Morgan Chase analysts have stated that they think the price of gold will continue to head south to $1000.00 an ounce. I'm also reading that production costs are about $700.00 an ounce to mine and produce and prices might actually go beneath a $1000.00 an ounce.

Are you still with me? Everytime I go to Montreal I find interesting things. This time was no exception.

So I'm not listening to other's conversations but the thread of these conversations is that mining companies in Quebec are having: "no problems finding buyers." regardless of what this mineral is selling for in the "states."

So who exactly is the buyer?, as I'm thinking, sipping and listening.

Here we go.....

China is planning on offering an "asset backed currency"in response to the global manipulation of all other currencies including the U.S. dollar. The Chinese currency could and will be redeemable in gold held by the Chinese Central Bank.

Won't this be just an interesting if intreguing development at a global scale.