OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Must be Friday.  I miss the morning train… nobody makes coffee… and Ipso gives me a full restoration project to do!!

OK, boss, here’s what I could whip up:

Last Century restoration projects. #17 “The York”
is a classic 4-4-0 wood fired steamer like the ones
that conquered the continent.
http://www.railpictures.net/viewphoto.php?id=533249

Finally Demos did right even if not for all the same reasons. Ted Cruz who has been such a opponent of O suddenly buddied up with him on this as well as Ryan and Mark Levin against it for right reasons never said a word about repub Cruz about this.

I probably would look for a way out … like diving
from 68th. floor to perdition. Fortuately I’ve given
up on the morons telling me just by looking at the
“technicals” all fundamentals are crap.
Having watched technicals for 35 ys it seems to me
TA has become self fulfilling prophecies, as Long
as the real power – the PPT – plays not only along
but re-induces its l.t. criminal algo-systems, in
order to eliminate any and all free markets.
Price finding R’US and the rest is just a bit
of a nuisance, we’ll come over soon.

…. and in the end why doesn’t take Acampopra
the DIVE …

Oh wait. From $.0001 to $.007

I think I bought at $.10 or so.

and may the bank loving Repub crooks that voted with Obozo rot in hades.

Good news!

Submitted by Tyler Durden on 06/12/2015 13:50 -0400

Following Pelosi’s comments that “its defeat is the only way we will be able to slow down fast track,” and “people would rather have a job than assistance”, the defeat of a measure to provide aid to workers displaced by trade deals means the fast-tracking of the TPP is done (for now).

• *HOUSE HAS ENOUGH VOTES TO DEFEAT TRADE BILL
  

And with a whopping 302 votes against, House democrats just stunned the democrat president by ending the “fast-track” of the TPP and forcing it back to the drawing room table. As the NYT puts it:

House Democrats rebuffed a dramatic personal appeal from President Obama on Friday, torpedoing his ambitious push to expand his trade negotiating power — and, quite likely, his chance to secure a legacy-defining trade accord spanning the Pacific Ocean.

Of course this can all go back for another markup and another amendment but for now. TPP needs the passage of the TAA to send the bill back to Obama for his signature, which means we are back to square one.

As The NY Times reports,

In a remarkable rejection of a president they have resolutely backed, House Democrats voted to kill assistance to workers displaced by global trade, a program their party created and has stood by for four decades. By doing so, they brought down legislation granting the president trade promotion authority — the power to negotiate trade deals that cannot be amended or filibustered by Congress — before it could even come to a final vote.

 

“We want a better deal for America’s workers,” said Representative Nancy Pelosi of California, the House minority leader who has guided the president’s agenda for two terms and was personally lobbied by Mr. Obama until the last minute.

 

Republican leaders tried to muster support from their own party for trade adjustment assistance, a program they have long derided as an ineffective waste of money and sop to organized labor. But not enough Republicans were willing to save the program.

Republican leaders could still try to pass a stand-alone trade promotion bill, but that would force the Senate to take up a trade bill all over again. And without trade adjustment assistance alongside it, passing trade promotion authority in the Senate would be highly doubtful.

The vote was an extraordinary blow to Mr. Obama, who went to the Capitol on Friday morning to plead personally with Democrats to “play it straight” — to oppose trade promotion if they must but not to kill trade assistance, a move he cast as cynical. On Thursday night, he had made an unscheduled trip to the annual congressional baseball game to try to persuade Representative Nancy Pelosi of California, the minority leader.

And, as expected, shortly after the failure to pass TAA the House passed the TPA…

• U.S. HOUSE VOTES FOR OBAMA’S FAST-TRACK TRADE NEGOTIATING BILL

… But it did not matter because:

• VOTE IS SYMBOLIC; TRADE BILL CAN’T GO TO OBAMA

Did the US public finally give big corporations, who have successfully purchased the US president long ago, the middle finger

https://youtu.be/QuYb5qKypmA

Love the program. Don’t trust Google a whit!

Toronto’s Epic Condo Bubble Suddenly Turns into Condo Glut

testosteronepit’s pictureSubmitted by testosteronepit on 06/12/2015 00:50 -0400

Wolf Richter www.wolfstreet.com www.amazon.com/author/wolfrichter

The high-rise construction boom in Toronto has been evident for a while. It has been motivated by sky-high prices. In May, prices in Toronto rose another 5% from a year ago. For all types of homes, prices are now 42% higher than at the crazy peak of the prior bubble! And if people can’t afford to buy any longer, even with super-low interest rates, well, they can step down to a fancily equipped micro-condo, or more commonly called shoebox condo, where the dining table might fold into a bed.

But suddenly we get a nerve-wracking disturbance in this beautiful picture:

National Bank Financial said in a note to its clients that, based on data from Canada Mortgage and Housing Corp., the number of completed but unsold condos in Toronto spiked in May to 2,837, an all-time record high.

So the monthly data is choppy and may not be very reliable. It’s an estimate, and estimating new and unsold condos isn’t that easy. But the magnitude of this spike far exceeds the monthly ups and downs in recent years, and exceeds even those dizzying spikes in the late 1980s and early 1990s when the Toronto condo market went completely haywire.

But it wasn’t just one month. The count had edged up in April to hit 2,038 after having already spiked beautifully in March to the highest level since the early 1990s. This is what this phenomenon looks like (data from National Bank):

more http://www.zerohedge.com/news/2015-06-12/toronto%E2%80%99s-epic-condo-bubble-suddenly-turns-glut

https://youtu.be/pgr3NAhXl88

Mine financing: 2015 off to dismal start

A new report by SNL Metals & Mining shows mining financing in the first quarter of the year coming in nowhere near the capital raised in 2013 and 2014.

SNL’s research runs the gamut of metals and mineable commodities – from precious and base metals, iron ore, uranium, coal, potash/phosphates to specialty metals such as rare earth elements, graphite and lithium.

The $39.89 billion raised in 2014 was a 4% improvement over 2013, but is still nowhere near the boom days of 2007 to 2009 when more than $100 billion were raised on equity and debt markets for mining projects.

But the first three months of this year has been dismal even compared to the depressed levels of recent years.

Less than $500 million were raised in January and although there was substantial pickup in February and March, 2015 overall could be another very bad year.

more http://www.mining.com/mine-financing-2015-off-to-dismal-start/

https://youtu.be/34VWPymX6UQ

Orezone Files Bombore Feasibility Study

http://finance.yahoo.com/news/orezone-files-bombore-feasibility-study-202500281.html

Eldorado Gold Announces Olympias Development Update

http://finance.yahoo.com/news/eldorado-gold-announces-olympias-development-213000147.html

Eastmain Files NI 43-101 Technical Report for the Eau Claire Mineral Resource Estimate

http://finance.yahoo.com/news/eastmain-files-ni-43-101-003122640.html

B2Gold Announces Robust Results from Optimized Feasibility Study at Fekola, Mali and Closing of Previously Announced $350 million Revolving Credit Facility

http://finance.yahoo.com/news/b2gold-announces-robust-results-optimized-010933515.html

Red Pine Exploration Files NI 43-101 Technical Report for its Wawa Gold Project

http://finance.yahoo.com/news/red-pine-exploration-files-ni-120000363.html

There was only one way to fight them, but unfortunately the Americans were too dumb and brainwashed by the boss’s media to act. The people gleefully ingested foreign made, high quality, artificially cheap imported products.

Similar to starting an illegal drug habit like cocaine or heroin, or even alcohol and tobacco. The habit is easy and fun to start in the beginning, but 30-40 years later a bad habit has negative effects and impossible or painful to stop. The “boss” being the drug dealer.

My experiences with “bosses” in the private sector is typical. They are cheap skates. If they had their way they would pay you nothing. No matter how much money or profit they make, it’s never enough. They are greedy, and never satisfied. Its like a sickness. They end up dying and leave it all behind.

They never take advantage of the wealth, (like retiring at 40-50) other than an occasional vacation. Their attitude is the one who dies with the most toys wins. But in reality, TIME is the most valuable thing.

The attitude SHOULD be…..”THE ONE WHO DIES WITH THE MOST TIME OFF WINS”

With computers and robotics etc, the work hard and work long days “work ethic” in now baloney, no longer needed. But they refused to raise minimum wage with the REAL inflation rate and or lower the work week to over time over 30 or 20 hours.

Instead, they created a million things like the Environmental Protection Agency, the NSA, the TSA etc, and Solar Panels to keep excess unneeded people working at other people’s expense.

Never know

Greek Stocks, Bank Bonds Battered As Deal Hope Fades

Submitted by Tyler Durden on 06/12/2015 – 08:27

Headline hockey remains all that matters if one is “trading” European stocks, bonds, or FX. Today, so far,  no deal… and so Athens Stock Exchange and Greek bank bonds are plunging (for now)…