Kodiak Daily Mirror - Daily newspaper of Kodiak, Alaska
  
Letters to the Editor
 
Fed regulators as bootlicking 'yes men'
FINAL INSTALLMENT (Editor's Note: This is the part 6 and final installment of "How safe is your money?" What did we learn from this housing bubble and subsequent collapse? We learned that the too-big-to-fail banks should be allowed to get much, much bigger, so that the next time they run into trouble due to their gambling habits, they will be way, way, way too big to fail. We learned that we should just ignore the...
Apr 22, 2015 | 0 0 comments | 17 17 recommendations | email to a friend
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Gold is insurance for currency collapse
PART 5 Editor’s Note: This is the fifth installment of the six-part “How safe is your money?” During the Cold War West Germany wisely stored its gold in the U.S., England and France fearing an invasion from the Soviet Union. In 2012 Germany asked for the repatriation of 300 tons out of 1,500 tons of gold held by the Federal Reserve. Two years later only 5 tons had been delivered. This minuscule amount that was eve...
Apr 20, 2015 | 0 0 comments | 18 18 recommendations | email to a friend
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Controlling the dollar's catastrophic collapse
PART 4 Editor’s Note: This is the fourth installment of the six-part “How safe is your money?” I realize the dollar has strengthened recently, but that is only in comparison to other fiat currencies, which are also being debased. It's basically a race to see who can debase or destroy the value of their currency the fastest. The Chinese and Russians aren't stupid. They realize they will never be paid back in full. ...
Apr 19, 2015 | 0 0 comments | 18 18 recommendations | email to a friend
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One of the biggest scams in America
PART 3 Editor’s Note: This is the third installment of the six-part “How safe is your money?” Financialization (crony capitalism) is the primary cause of wealth inequality, not free market capitalism. A perfect example of how this financialization helps the elite class and hurts the middle class is what happened during the 2008 housing bubble collapse. The elite class (bankers and their friends) gained massive amo...
Apr 16, 2015 | 0 0 comments | 15 15 recommendations | email to a friend
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Construction companies need to be held accountable
To the Editor, As a citizen of Kodiak, I am concerned about the recent $2.24 million settlement to Pacific Pile for the Pier 3 construction. As I understand from public records, the city supplied sheet steel and pipe steel to the contractor. Sheet Pile was inspected by PND and received by Pacific Pile & Marine (PPM). PPM provided a trucking schedule for transportation to their fabricators where the pipe segments w...
Apr 16, 2015 | 0 0 comments | 19 19 recommendations | email to a friend
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Not digging the gold standard?
Editor’s Note: This is the second installment of “How safe is your money?” Ron Paul said there are two types of fiat currencies: ones that have collapsed and ones that are going to collapse. The average fiat currency lasts 40 years. We have been off the gold standard as a pure fiat currency for 44 years. We should consider ourselves lucky to have our fiat currency outlast the average. However, when you consider th...
Apr 15, 2015 | 0 0 comments | 14 14 recommendations | email to a friend
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Thanking Mack’s Sport Shop for supporting local nonprofit
Our old safety vests were falling apart. Most of them had pockets ripped off. Mack’s Sport Shop came to the rescue and donated new reflective vests. They even had them embroidered with our logo. The vests are much higher quality than the ones they replaced. Mack’s went all out and even donated enough for our crew and several different sized extras to accommodate our volunteers as well. It is terrific when local bu...
Apr 15, 2015 | 0 0 comments | 14 14 recommendations | email to a friend
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Be careful what you believe
To the Editor, With recent happenings in Kodiak, many of us still do not know when we are being duped. There are those out there with agenda that most haven’t a clue exist. An example would be the fact that several years ago those outside of Kodiak convinced the powers that be to limit our local fisherman to one King Salmon per year. Most recently we had those from the Kenia/Soldotna area paying someone to get sig...
Apr 14, 2015 | 0 0 comments | 14 14 recommendations | email to a friend
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How Safe is Your Money?
PART 1 Editor’s Note: This is the first installment of the six-part “How safe is your money?” Before gold and silver were used as a medium of exchange, the barter system was the prominent means for most transactions. If a dairy farmer needed some shoes, he would trade however many quarts of milk he and the cobbler agreed on as a fair price for a pair a shoes. The problem with this method is that it's difficult to ...
Apr 14, 2015 | 0 0 comments | 9 9 recommendations | email to a friend
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A huge Thank You to Kodiak Community College
To the Editor, Thanks so much to the staff and faculty of our Kodiak Community College for hosting the 2015 SERVS/Alyeska Oil Spill Response Classroom Training, March 29, 30 and 31. Staff members were especially helpful with technology; classroom set up and were ready at a moments notice to take care of any request. Your help was invaluable. KOC Faculty, your ability to change your regular classroom assignments du...
Apr 13, 2015 | 0 0 comments | 12 12 recommendations | email to a friend
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