The ruble fell to a record with the default 1998 to 10%

Dollar settlements "tomorrow" to 20.23 MSK increased by 6.3 rubles - to 64.4 ruble, the euro - 6.6 rubles to 78.9 rubles, from the data of the Moscow Exchange.

Dollar settlements "tomorrow" to 20.23 MSK increased by 6.3 rubles - to 64.4 ruble, the euro - 6.6 rubles to 78.9 rubles, from the data of the Moscow Exchange.

MOSCOW, December 15  

 The ruble against the currency basket in the "Black Monday" felt a strong decline since the credit default 1998: panic selling has not correlate with the dynamics of world oil prices. Foreign currencies rose for a day on record for many years six rubles, exceeding 64 rubles per dollar and almost reaching 79 rubles per euro.

Dollar settlements "tomorrow" to 20.23 MSK increased by 6.3 rubles - to 64.4 ruble, the euro - 6.6 rubles to 78.9 rubles, from the data of the Moscow Exchange.

 Panic in the "Black Monday"

Ruble in the morning on Monday continued to lose ground, even though the relatively positive trend in oil prices. So, in the morning black gold has grown in the correction, testing the strength level of 63 dollars per barrel mark Brent. However, in the evening, this increase was at a loss and the price returned to negative - below 62 dollars.

Against this background, the attack on the ruble increased. During the day (about 16.00 MSK) in the mark of 61 rubles to the dollar in the market there was an increase trading activity - their volume for 20 minutes was about $ 1 billion. At the same time the dollar rolled away down more than 1 ruble, suggesting that output from the Central Bank intervention to support the ruble.

But the respite lasted only until 17.30 MSK, when the dollar and the euro went up again, updating the historical height. By evening they were added to 6 rubles, which is not mentioned in the Russian market for about 15 years.

Consistent with the gloomy background and the Central Bank forecasts released. In particular, the regulator expects capital outflow from Russia in the fourth quarter of 2014 at 49 billion dollars. Terms of external borrowing for the issuers of the Russian Federation remain unfavorable for at least the next one to two quarters in terms of sanctions, which will continue until the end of 2017. The fall in GDP of Russia, while maintaining oil prices at $ 60 per barrel in the medium term will be 4.5-4.7% in 2015 and 0.9-1.1% in 2016, according to the Central Bank.

Forecasts and recommendations

Stop-win game against the ruble can now only turn on the oil market and collapse the limits on weekly auctions conducted by the Central Bank repos, said Yuri Kravchenko from IR "Veles Capital".

"As for the second, something really drastic measures market regulator had still not seen, and the threat of the authorities of the" cuts "ruble liquidity remain just words," - he added.

Today the dollar almost doubled its value in rubles since the beginning of 2014, said Sergei Kochergin of companies Exness. "The dynamics of the oil market should not cause a panic in the markets. Unfortunately, market participants ignore statements CBR that in Russia will not impose restrictions on the movement of capital. Thus, the sale of rubles can only be explained distrust of speculators in the Russian regulator" , - he said.

"This week, the ruble will support probably not even the tax period in the Russian Federation or the rebound in oil prices, and the speech of the President of the Russian Federation Vladimir Putin on 18 December. During the week, we can not rule out the return of the dollar to 58 rubles," - added Kochergin.

Russian Ruble Is Collapsing

Russian Ruble Is Collapsing

MOSCOW   - Russian ruble came under heavy selling pressure Tuesday 16 2014, falling at one point a catastrophic 20 percent to a new historic low despite the massive pre-dawn increase in interest rates by the Central Bank of Russia. Russian officials clearly frightened, though state television urged citizens not to panic.

"The situation is critical," Deputy Central Bank Chairman Sergei Shvetsov was quoted by Russian news agencies as saying. "We could not imagine what was going on in our worst dreams."

Surprise decision of the Central Bank to raise interest rates to 17 per cent compared to 10.5 per cent in the middle of the night on Tuesday were a desperate attempt to maintain the problem valyutu.Rubl fallen sharply in recent weeks, and is down more than 60 percent since January, due to lower prices oil, as well as the impact of Western sanctions imposed over Russia's participation in the crisis in Ukraine.

The collapse of the ruble stimulated ordinary Russians rush out and buy imported products such as refrigerators and cars, as inflation makes these items more expensive every day. It is also likely to pile pressure on President Vladimir Putin, despite its broad support.

The ruble is trading at 72 to the dollar on Tuesday evening in the afternoon - a modest improvement from before, when he hit 78.5 to the dollar.

Timothy Ash London Standard Bank described the fall of the ruble as "the most incredible collapse of the currency, I think I have ever seen in 17 years on the market, and 26 years, covering Russia."

"There is now a huge crisis of confidence in the Russian politicians in the eyes of the market," he said, adding that the decline is more surprising, given the hard currency reserves of Russia and the fact that he is working with a budget surplus.

Oksana Dmitrieva, deputy head of the Fair Russia faction in the Russian Duma, blamed the collapse of the ruble in the "chaotic and unprofessional" policy of the Central Bank. She said: "The government has no strategy" and maintains the ruble decline, "depends on official policy."

Central Bank interest rate movement Tuesday aimed at encouraging the development of currency traders to hold their rubles - it gives them a potentially greater returns, of course, compared to many other currencies such as the dollar, which returns the interest rates close to zero percent.

Depreciation of the ruble on Tuesday was caused by some kind of opaque trading on Monday with the participation of Rosneft, the company was seriously injured as a result of Western sanctions, which is run by a close ally of Putin, Igor Sechin.

Rosneft, Russia's largest oil company, raised 625 billion rubles ($ 10.9 billion at the time) in bonds on Friday with a yield lower than those for the equivalent of government securities. The Central Bank has approved securities as collateral in ruble auction on Monday, that is, the bondholders will have access to the Central Bank in cash.

Disclosure of movement of the bank shook markets Tuesday, because it reminded direct support of a company.

Sechin pleaded for help from the state to refinance debts of Rosneft, which has been hit with the Western sanctions and was cut off from Western debt markets.

The company, however, denied accusations that he was dumping rubles due to the economic situation, saying that it sells "only to attract financing for their projects in Russia." It promised that "not a single ruble ... will be used for the purchase of foreign currency."

State television, meanwhile, insisted that the weak ruble is actually good for the economy because it will stimulate domestic production and make exports cheaper.

Central Bank Chairman Nabiullina said the rate hike should stop inflation - higher borrowing costs effectively strangling economic activity, dampening downward pressure on prices. However, she acknowledged that the ruble will not immediately impact of rising interest rates, and added that it will take "some time" ruble before he finds fair value.

Other options available for the Russian authorities to stop the sale of rubles tide may be the introduction of capital controls or actual intervention in the markets - buy rubles naprimer.Tsentralny Bank intervened directly in the last few months.

Higher interest rates could eventually help the ruble, but it can cause a lot of difficulties in the economy, which is already heading for recession. Russian stocks were firm on Tuesday, though, with the benchmark by 2 per cent until the end of the day MICEX.

Neil scissors, chief economist for emerging markets in London Capital Economics, said the Central Bank rate hike will "further tightening of credit conditions for households and businesses and deeper recession in the real economy in 2015."

Given the huge Russia's dependence on oil revenues, the recent sharp fall in the price of oil hit the Russian economy. That is compounded by the fact that the Russian economy is not diversified enough to withstand the impact.

The average price of a barrel of oil fell below $ 56 from the year high of $ 107. Not long time ago government lowered its forecast for next year, predicting that the economy will plunge into recession. Most international forecasters think the Russian economy is set to contract next year.

Alexei Kudrin, Minister of Finance of Russia in 2000-2011, said on Twitter after the rate hikes that "the fall of the ruble and the stock market is not only a reaction to the low oil prices and sanctions, and (shows) distrust of the government's economic policy."

Kudrin said the rate hike "must be accompanied by government measures to increase investor confidence in the Russian economy." He did not say what steps he has performed.

The ruble fell to a record with the default 1998 to 10%

Leading MOD Selects RADA's Tactical Radars for Its National Alert System

• PRESS RELEASE
• December 4, 2014, 10:05 a.m. ET by 
Wall Street Journal

   Official contract!

RADA's Tactical Radar Systems Provide Volume Surveillance and Detection of Multiple Threat Types, Including UAVs, Mortars, and Rockets

NETANYA, Israel, Dec. 4, 2014 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq:RADA) announces the selection of its MHR-based tactical radars by a leading MOD of for its national alert system. The radars will detect and alert from short-range threats such as mortars, rockets, UAVs and alike.

Deliveries are expected to be completed during 2015.

The MHR - an S-Band, Software-Defined, Pulse-Doppler, AESA radar - has sophisticated beam forming capabilities and advanced signal processing, provides multiple missions on each radar platform, and offers unprecedented performance-to-price ratio. It is compact and mobile, delivering ideal organic, tactical surveillance solutions for force and border protection applications such as C-UAS, C-RAM, GMTI, air surveillance, and more.

According to Zvi Alon, RADA's CEO, "We are extremely proud with this competitive selection of our technology. This is a major award of a radar program for RADA, which joins other strategic awards for radar programs during 2014. We believe that additional leading countries and integrators will follow this selection."

About RADA

RADA Electronic Industries Ltd. is an Israel-based defense electronics contractor. The Company specializes in the development, production, and sale of Tactical Land Radars for Force and Border Protection, Inertial Navigation Systems for air and land applications, and Avionics Systems and Upgrades.

CONTACT: RADA 
         Dubi Sella (CBDO) 
         Tel: +972-9-892-1111 
         mrkt@rada.com 
         www.rada.com 

http://online.wsj.com/article/PR-CO-20141204-908579.html

U.S. and Canadian regulators have green lighted the use of its treatment! What are you think on Tekmira?

9/22/2014 U.S. and Canadian regulators have green lighted the use of its treatment 9.22.2014

September 22, 2014 / SEP/22/2014 

                  

Find out if (TKMR) is in Cramer's Portfolio.

NEW YORK (TheStreet) -- Tekmira Pharmaceuticals (TKMR_) shares are up 12.8% to $22.74 after the announced that U.S. and Canadian regulators have green lighted the use of its treatment, TKM-Ebola, for patients with confirmed or suspected cases of Ebola.

The company said that its treatment has already been used in emergency cases and has been generally been well tolerated by patients.

The company is developing TKM-Ebola in conjunction with the U.S. Defense Department.

Must Read: Warren Buffett's 25 Favorite StocksSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

"Tekmira is reporting that an appropriate regulatory and clinical framework is now in place to allow the use of TKM-Ebola in patients. We have worked with the FDA and Health Canada to establish this framework and a treatment protocol allowing us to do what we can to help these patients," said Tekmira's President and CEO Dr. Mark J. Murray.
TheStreet Ratings team rates TEKMIRA PHARMACEUTICALS CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate TEKMIRA PHARMACEUTICALS CORP (TKMR) a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and weak operating cash flow."
Highlights from the analysis by TheStreet Ratings Team goes as follows:

• TEKMIRA PHARMACEUTICALS CORP's earnings per share declined by 27.3% in the most recent quarter compared to the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. During the past fiscal year, TEKMIRA PHARMACEUTICALS CORP swung to a loss, reporting -$0.96 versus $1.87 in the prior year.
• The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Biotechnology industry. The net income has significantly decreased by 95.8% when compared to the same quarter one year ago, falling from -$3.11 million to -$6.08 million.
• Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Biotechnology industry and the overall market, TEKMIRA PHARMACEUTICALS CORP's return on equity significantly trails that of both the industry average and the S&P 500.
• Net operating cash flow has significantly decreased to -$8.01 million or 173.84% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
• The revenue fell significantly faster than the industry average of 43.1%. Since the same quarter one year prior, revenues fell by 38.2%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
• You can view the full analysis from the report here: TKMR Ratings Report

What are you think on Tekmira? Is that: Much More Than An Ebola Treatment?

 

Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR) has been in the news recently as one of the leaders in developing a treatment for the Ebola Virus. It is a Vancouver based, publicly traded company.

Because of the recent Ebola outbreak, Tekmira’s stock has fluctuated wildly. No one can predict what will occur in this sort of epidemic and similarly no one can accurately predict the short term course of their stock.

However, Tekmira has fascinating and leading edge technology that should make it a major player in a raft of diseases. The long term success of this company may be tremendous.

I will first discuss the role it is currently playing in the Ebola outbreak. Then, I will go on to explain the meat of this impressive company.

Tekmira: Rating the Company

Tekmira is one of the leading exponents of Nobel Prize winning technology. That alone, would make it an interesting company.

Tekmira has also developed the top delivery system in the world to deliver this technology to appropriate sites in patients. Accordingly, other leading exponents of this technology will likely be seeking partnerships with Tekmira.

Tekmira and the Ebola Virus

Much has been written about the current outbreak in Africa of Ebola. As everyone knows by now, it is extremely virulent with a 50-90% mortality rate. There is no known cure. Furthermore, medications to try to treat Ebola have not yet been subjected to rigorous testing.

This leads to a significant political conundrum. To not treat Africans with anti Ebola treatment, while 2 Americans were successfully treated with an experimental drug would be viewed, at the very best, as elitist. To treat hundreds of third world patients with untested drugs could be viewed as tantamount to using them as guinea pigs.

The World Health Organization finally decided to go ahead with treatment. The two leading research drugs are ZMAPP, manufactured in the US and Tekmira’s TKM-Ebola.

ZMAPP was used successfully on two Americans and unsuccessfully on a Spaniard. At this point we don’t really know whether the two patients survived because of the medication or because of good supportive care in an excellent hospital.

Tekmira’s product has yet to be used. It should be noted that the two products work entirely differently. Most experts feel that TKM-Ebola is further advanced in testing. That, of course, does not mean that it is a superior product. In fact Tekmira put a small human study on hold due to safety concerns (which have been at least partly alleviated). The US government prior to this outbreak decided to fund Tekmira’s research to the tune of $140 Million.

ZMAPP is in such short supply that stocks of the drug are already depleted, TKM-Ebola is available in only slightly greater amounts. The fact is, neither company can meet the short term need and both companies will take at least 3 months to supply more medication.

Tekmira and RNA Interference

In 2006 Andrew Fire and Craig C. Mello won the Nobel Prize for Physiology and Medicine for their work on RNA interference.

Proteins control most processes in the body. Protein signaling is crucial to many normal and pathologic processes. The production of these proteins is controlled mostly by RNA. More specifically messenger RNA (mRNA) lays down the template to produce proteins.

What happens when a protein is instrumental in causing a disease? It turns out that a natural mechanism of the body is to try to splice in a small fragment of RNA into the crucial piece of mRNA that produces the protein in question. It makes sense as a defense mechanism. Unfortunately, it often doesn’t work and the disease progresses.

The discovery of this naturally occurring mechanism is what won Fire and Mello the Nobel Prize. They discovered two types of small bits of RNA that could interfere with specific protein formation, known as micro RNA and small interfering RNA (siRNA). At the time, the discovery was of tremendous theoretical value but little practical use.

Times have changed. Biochemists can now design small bits of RNA. Scientists can specifically splice in bits of RNA exactly where they want to. Furthermore, the human genome project mapped out our entire protein producing code. Now specific targets can be identified and their functions can be turned up or more easily, turned down by siRNA.

In theory, thousands of diseases, from viruses to metabolic abnormalities will soon be cured by siRNA, spliced into appropriate positions. Tekmira is one of the world leaders in research in this field.

Tekmira and its LNP Delivery Platform

Why haven’t most of the world’s diseases been solved then? First and foremost is the fact that most diseases don’t have a readily identifiable protein as their cause. The number that do will increase markedly in the next few years.

The second reason is that, as with many new treatments, delivery to the appropriate site is an issue.

Tekmira, as it turns out, is not only a world leader in siRNA research, but also the world leader in the delivery of these tiny bits of RNA. Their system is called Lipid Nanoparticle Technology (LNP). A third generation LNP is in use and a fourth generation is being developed. The implication of this is that other world leaders in siRNA who want to optimize their delivery may have to partner with Tekmira.

What are the pluses of LNP? It is designed to stay in circulation for a long time.

• Distribution of the siRNA is rapid and efficient.
• It concentrates at the site of malignancy.
• siRNA is only released in the cell, not in circulation.
• Because of lack of extracellular release it minimizes immune toxicity.

What advances have been made in newer generation LNP delivery systems?

• Potency has increased.
• Lyophilization, a freeze drying process for easy storage and transport, has been developed.
• Potency is maintained long term (prior to administration).
• The drugs can be given subcutaneously.
• Respiratory administration is available.
  

Tekmira’s Pipeline

I’m only going to briefly discuss Tekmira’s pipeline because it’s really the long term potential of the marriage of siRNA technology and LNP technology that is important. What we are seeing now is the tip of the proverbial iceberg.
The first product in the pipeline is TKM-PLK1. This represents Tekmira’s Oncology candidate. Tumors that produce a lot of PLK protein have extremely poor prognosis. Splicing in appropriate siRNA and delivering it via LNP turned out to be relatively easy.
When PLK1 expression is inhibited, the cell cycle is completely arrested and cell division is impossible. Obviously, this is a useful concept for cancer therapy. Phase 1 results were good and Tekmira is currently conducting Phase 1/Phase 2 trials for safety, tolerability and pharmacokinetics on 2 rare types of cancer and on hepatocellular carcinoma (primary liver cancer) which is common.
The second group of products in the pipeline is anti-virals. TKM-Ebola is in Phase 1 studies. Currently all product is being sent to Africa and the study will resume after the crisis is over.
Perhaps the most interesting paper on siRNA and LNP delivery on Ebola was the publication in conjunction with Boston University and the U.S. Army Medical Research Institution.
In this study they took non human primates previously infected with Ebola. The animals were injected with a lethal dose of Ebola virus and with TKM Ebola. All of the animals survived. This was a great part of the impetus for the American government to give a $140 Million grant to Tekmira, which funded basically all the improvements to the LNP system.
TKM-HBV is a product designed to treat Hepatitis B Virus (HBV). Many other small molecules have had success treating Hep B but fail to eliminate the HBV surface antigen. This antigen (a protein) leads to chronic inflammation which in turn can cause non-alcoholic cirrhosis and sometimes liver cancer. TKM-HBV targets multiple sites on the genome and eliminates the surface antigen.
Current treatments are prohibitively expensive ( the most effective treatment is in the $100,000 range).
There is also a product in development — TKM-Marburg — to treat the deadly Marburg virus which is quite similar to Ebola.
Pathologic proteins can cause inherited metabolic disorders. Drugs are in development for rare diseases causing high triglycerides and for disordered storage of glycogen.
Another medication in the pipeline is TKM-ALDH2. This product inhibits Aldehyde Dehydrogenase Enzyme 2 (a protein). In doing so, it causes a build up of Acetaldehyde. People with a build up of Acetaldehyde get nasty reactions when they drink alcohol. The reactions are uncomfortable enough that these people stop ingesting alcohol.
The product achieves the same effect as Antabuse. Antabuse has to be taken each day and has poor compliance amongst alcoholics. TKM-ALDH2 lasts weeks.

Tekmira Partnerships

Other researchers with siRNA technology are partnering with Tekmira for The LNP delivery technology. Foremost amongst them is Alnylam (NASDAQ:ALNY). Alnylam has developed three treatments in conjunction with Tekmira. Currently the lead compound is ALN-TTRO2 which has had a very successful Phase 2 trial, treating amyloidosis and is starting a Phase 3 trial. This has triggered a $5 Million milestone payment to Tekmira.

Tekmira: What Lies Ahead?

As stated in the introduction there really is no way to predict the short term movement of this company’s stock. With the current Ebola problem, the stock has gone up as much as 60% in one day and plummeted as much as 41% in two days. Certainly Tekmira can sell their Ebola treatment as fast as they can make it.
The future of Tekmira will not depend on selling drugs to combat Ebola. Medication of this type is given on a compassionate basis and garners little revenue. It’s also far too early to know if this drug is a long term viable option to treat Ebola.
Long term, I like what this company is doing. They are a world leader in a Nobel Prize winning technology and have developed the best delivery system for that technology. So far, that technology is only being applied to a few diseases. How successful this company becomes will depend on identifying more and more proteins to target.
I’m optimistic. I believe that the vast fields of virology and oncology await (as well as other fields). I’m not alone in my optimism. Doug Loe, an analyst with Euro Pacific Canada sees “upside potential” due to a “wider array” (not just Ebola treatment) in the pipeline. He refers to Tekmira as a good speculative buy.
Adrian Mantraca with KCM Wealth Management considers Tekmira an “aggressive investment”.
This company may be poised to do big things but despite the recent stock fluctuations I think that any great success is still quite far off.
Disclosure: The author has no positions in any of the stocks mentioned. The author wrote this article themselves and is not receiving compensation for it.

Posted at:
1) http://markman.ca/2014/08/tekmira-much-more-than-an-ebola-treatment/
2) http://seekingalpha.com/article/2493765-tekmira-much-more-than-an-ebola-treatment


3) That is really important to many of incestors, please share your comments

US STOCKS-Tekmira Pharma, AbbVie among premarket actives

By Chuck Mikolajczak

NEW YORK, Sept 23 (Reuters) - U.S.-listed shares of Tekmira Pharmaceuticals were climbing on Tuesday, up 8.9 percent at $25.70 as one of the most actively trades Nasdaq stocks as its Ebola drug will be one of several to be tested in West Africa in a bid to win fast-track trials.

Volume of nearly 170,000 places the stock among the top three most actively traded shares on the Nasdaq before the opening bell and represents about 5 percent of its 10-day average.

Tekmira shares rose more than 17 percent on Monday after U.S. and Canadian regulators authorized the use of its Ebola treatment in patients who have confirmed or suspected infections from the deadly virus.

Shares of AbbVie were down 4.6 percent at $55.99 in premarket trading after the Obama administration took several actions late Monday that will reduce the tax benefits available to companies that have done inversion deals, while also making new inversions more difficult to do and potentially less rewarding.

Consolidated volume of nearly 400,000 made AbbVie the most actively traded issue on the New York Stock Exchange and represented about 3.1 percent of its 10-day average.

AbbVie has agreed to a deal to acquire Shire, which fell 5.5 percent and was also among the most actively traded Nasdaq names.

U.S. stock index futures were moving lower on Tuesday, putting the S&P on track for a third straight decline, as conflict in the Middle East intensified and after the U.S. Treasury moved to curb "tax inversion" deals.

The United States and Arab allies bombed Syria for the first time on Tuesday, killing dozens of Islamic State fighters and members of a separate al Qaeda-linked group, pursuing a campaign against militants into a war at the heart of the Middle East.

Data expected on Tuesday includes the flash September reading on manufacturing from financial data firm Markit at 9:45 a.m. (1345 GMT). Expectations call for a reading in the main purchasing managers' index of 58 versus the final 57.9 in August.

Salix Pharmaceuticals was trading up 9.3 percent at $174.76 in the premarket after a person familiar with the matter said on Monday that Allergan Inc had revived discussions to buy the company.

Norway's Yara and Chicago-based CF Industries are in talks about a merger of equals that could create a $27 billion global fertilizer producer, rivaling Canada's Potash Corp in size in a fragmented and oversupplied market.

* S&P 500 e-minis were falling 6 points, or 0.3 percent, with 174,767 contracts changing hands.

* Nasdaq 100 e-minis were down 14.5 points, or 0.36 percent, in volume of 28,821 contracts.

* Dow e-minis were down 44 points, or 0.26 percent, with 24,277 contracts changing hands.

(Reporting by Chuck Mikolajczak; Editing by Lisa Von Ahn)

Read more: http://www.dailymail.co.uk/wires/reuters/article-2766544/US-STOCKS-Tekmira-Pharma-AbbVie-premarket-actives.html#ixzz3EjJyJCHC
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Best Yahoo Photos of the day

An American worker would file for workers comp shortly after a lift of that stature (REUTERS/Romeo Ranoco)

I don't know which is more distracting; Hillary's expression or the shot of that poor woman's wedgie. ( ^ _ ^ ) (Photo by Peter Macdiarmid/Getty Images)

Ancient Skeletons Found Holding Hands in England

 

 

Collecting Rainwater Now Illegal in Many States (Video)

 Many of the freedoms we enjoy here in the U.S. are quickly eroding as the nation transforms from the land of the free into the land of the enslaved, but what I’m about to share with you takes the assault on our freedoms to a whole new level. You may not be aware of this, but many Western states, including Utah, Washington and Colorado, have long outlawed individuals from collecting rainwater on their own properties because, according to officials, that rain belongs to someone else.

  Check out this  news report out of Salt Lake City, Utah, about the issue. It’s illegal in Utah to divert rainwater without a valid water right, and Mark Miller of Mark Miller Toyota, found this out the hard way.
  After constructing a large rainwater collection  system at his new dealership to use for washing new cars, Miller found out that the project was actually an “unlawful diversion of rainwater.” Even though it makes logical conservation sense to collect rainwater for this type of use since rain is scarce in Utah, it’s still considered a violation of water rights which apparently belong exclusively to Utah’s various government  bodies.
“Utah’s the second driest state in the nation. Our laws probably ought to catch up with that,” explained Miller in response to the state’s ridiculous rainwater collection ban.
Salt Lake City officials worked out a compromise with Miller and are now permitting him to use “their” rainwater, but the fact that individuals like Miller don’t actually own the rainwater that falls on their property is a true indicator of what little freedom we actually have here in the U.S. (Access to the rainwater that falls on your own property seems to be a basic right, wouldn’t you agree?)
Outlawing rainwater collection in other states
Utah isn’t the only state with rainwater collection bans, either. Colorado and Washington  also have rainwater collection restrictions that limit the free use of rainwater, but these restrictions vary among different areas of the states and legislators have passed some laws to help ease the restrictions.
In Colorado, two new laws were recently passed that exempt certain small-scale rainwater collection systems, like the kind people might install on their homes, from collection restrictions.
Prior to the passage of these laws, Douglas County, Colorado, conducted a study  a study on how rainwater collection affects aquifer and groundwater supplies. The study revealed that letting people collect rainwater on their properties actually reduces demand from water facilities and improves conservation.
Personally, I don’t think a study was even necessary to come to this obvious conclusion. It doesn’t take a rocket scientist to figure out that using rainwater instead of tap water is a smart and useful way to conserve this valuable resource, especially in areas like the West where drought  is a major concern.
Additionally, the study revealed that only about three percent of Douglas County’s precipitation ended up in the streams and rivers that are supposedly being robbed from by rainwater collectors. The other 97% percent either evaporated or seeped into the ground to be used by plants.
This hints at why bureaucrats can’t really use the argument that collecting rainwater prevents that water from getting to where it was intended to go. So little of it actually makes it to the final destination that virtually every household could collect many rain barrels worth of rainwater and it would have practically no effect on the amount that ends up in streams and rivers.
  It’s all about control, really
As long as people remain unaware and uninformed about important issues, the government will continue to chip away at the freedoms we enjoy. The only reason these water restrictions are finally starting to change for the better is because people started to notice and they worked to do something to reverse the law.
Even though these laws restricting water collection have been on the books for more than 100 years in some cases, they’re slowly being reversed thanks to efforts by citizens who have decided that enough is enough.
Because if we can’t even freely collect the rain that falls all around us, then what, exactly, can we freely do? The rainwater issue highlights a serious overall problem in America  today: diminishing freedom and increased government control.
Today, we’ve basically been reprogrammed to think that we need permission from the government to exercise our inalienable rights, when in fact the government is supposed to derive its powerfromus. The American Republic was designed so that government would serve the People to protect and uphold freedom and liberty. But increasingly, our own government is restricting people from their rights to engage in commonsense, fundamental actions such as collecting rainwater or buying raw milk from the farmer next door.
Today, we are living under a government that has slowly siphoned off our freedoms, only to occasionally grant us back a few limited ones under the pretense that they’re doing us a benevolent favor.
Fight back against enslavement
As long as people believe their rights stem from the government (and not the other way around), they will always be enslaved. And whatever rights and freedoms we think we still have will be quickly eroded by a system of bureaucratic power that seeks only to expand its control.
Because the same argument that’s now being used to restrict rainwater collection could, of course, be used to declare that you have no right to the air you breathe, either. After all, governments could declare that air to be somebody else’s air, and then they could charge you an “air tax” or an “air royalty” and demand you pay money for every breath that keeps you alive.
Think it couldn’t happen? Just give it time. The government already claims it owns your land and house, effectively. If you really think you own your home,  just stop paying property taxes and see how long you still “own” it. Your county or city will seize it and then sell it to pay off your “tax debt.” That proves who really owns it in the first place… and it’s not you!
How about the question of who owns your body?  According to the U.S. Patent & Trademark office, U.S. corporations and universities already own 20% of your genetic code. Your own body, they claim, is partially the property of someone else.
So if they own your land, your water and your body, how long before they claim to own your air, your mind and even your soul?
Unless we stand up against this tyranny, it will creep upon us, day after day, until we find ourselves totally enslaved by a world of corporate-government collusion where everything of value is owned by powerful corporations — all enforced at gunpoint by local law enforcement.
 
SO WHAT DO YOU THINK FOLKS?