SUBS looking out for Business

Does anybody out there have any memory Of the reason given for the establishment  Of  the Department of Energ During the  Carter  Administration? ? Anybody? ? Anything? ? No? ? Didn’t think so!  Bottom line …

We’ve  spent several hundred billion dollars In support of an agency …the reason  For which not one person who reads

This can remember.

Ready??????? It was very  simple.. And at the  time everybody thought It very appropriate… The ‘Department  of Energy’  Was 

instituted  on 8-04-1977 TO LESSEN OUR DEPENDENCE ON FOREIGN  OIL. Hey,  pretty efficient, huh????? ANDNOW  IT’S 2011, 34 YEARS LATER….AND THE BUDGET FOR THIS NECESSARY  DEPARTMENT IS AT $24.2 BILLION A YEAR IT HAS 16,000 FEDERAL  EMPLOYEES AND APPROXIMATELY 100,000 CONTRACT  EMPLOYEES AND LOOK  AT THE JOB IT HAS DONE! THIS IS  WHERE YOU SLAP YOUR FOREHEAD AND SAY ‘WHAT WAS I  THINKING?’

Ah, yes,  good old  bureaucracy… And NOW _  we are going to  turn The Banking System, Health Care & The Auto  Industry over to Government ALL IN THE NAME OF CHANGE? May God Help Us !!!

Keep this one going….

The CD8 Primary is over and candidates have declared in more races. Please find updated list for the canciates seeking to represent our Community. Get to know where these candiates stand on important issues that keep our economy going and protecting our rights. 2012Candidate page. The general election for the CD8 Special Election is June 12th. Please vote and support the candidate that supports all businesses.

In many ways, Copper is the essential element to a green economy. Renewable, sustainable energy sources and new technologies will require tremendous amounts of copper, with the average person already using more than 1,500 pounds of copper in a lifetime.

 

New transmission and distribution systems for renewable energy will require millions of pounds of copper. A single wind energy turbine contains more than one ton of copper, and hybrid cars use twice the copper of their traditional counterparts.

 

The list goes on and on:  Copper is necessary for distributing solar heated water, and copper pipes remain the most energy efficient option. New low-cost photovoltaic solar panels rely on copper, and new technologies and their copper wiring will play a key role in Arizona’s future economy.

 

Yet while our renewable future depends on copper, today 34 percent of our supply comes from foreign countries.

 

That is one reason why the General Mining Act of 1872 continues to guarantee the ability to mine claims such as Rosemont Copper’s that are essential for lowering our dependency on foreign copper.

 

Located in an existing mining district on the east side of the Santa Rita Mountains, Rosemont Copper will set a standard for sustainable practices, including using solar power, consuming less than half the water as traditional mines, and reclaiming the site as permanent open space while recontouring and  revegetating throughout the life of the mine.

 

Rosemont is committed to import water from the Central Arizona Project Canal to recharge pumped groundwater, ensuring neutral impact to local groundwater sources.  Rosemont has also agreed to guarantee the viability of private wells in the pumping vicinity near Sahuarita.

 

Permits will only be issued once proper environmental protections are ensured by local, state, and federal agencies.

 

Dramatic Economic Benefits

A recent economic assessment, independently conducted by Arizona State University and released by the Arizona Department of Mines and Mineral Resources (DMMR), shows a significant boost in local, state and national economic impacts from Rosemont Copper, adding an average of 4,200 jobs each year and increasing revenue by $681 million to the State of Arizona – with lasting economic benefits even after the project is completed.

The study, conducted by the L. William Seidman Research Institute at ASU’s W. P. Carey School of Business, looked at economic impacts in Cochise, Pima and Santa Cruz Counties as a single region, and assessed the effects on the State of Arizona as a whole as well as on the United States.

The combined economies of three counties will realize t $15 billion in new economic activity because of Rosemont Copper’s production. This will result in $140 million per year in additional income to residents, and $19 million per year more to local governments, as well as a total of 2,100 additional jobs for residents of the three-county area.

Direct employees of the mine will receive an average annual salary of $59,000.

Statewide, Arizona is expected to gain significantly. The project’s four-year engineering and construction phase alone will yield an average annual increase of $122 million in economic activity, $45 million per year in additional income to state residents, and $6 million per year in revenues for the state government.

During the active life of the project, the State of Arizona will see an average annual increase of $907 million per year in economic activity, $214 million in residents’ income, and $32 million in state revenues. The project will support 800 additional jobs for Arizona residents above the 2,100 jobs added in the local area.

The permanent positive impact of Rosemont Copper on the statewide economy, even after the project’s completion, includes $111 million more per year in economic activity, a $96 million annual boost to residents’ incomes, 500 more jobs and $4 million more each year to the state’s government revenues than if Rosemont had never existed.

There are economic benefits to the nation as well.

Rosemont Copper will add $1.3 billion per year to the U.S. economy, 1,300 additional jobs for US residents (on top of the 2,900 new jobs for Arizonans), $352 million a year in additional income to American residents, and $128 million in federal government revenues.

Over this entire period, total gains to the U.S. economy add up to $27 billion in output, $15 billion in gross domestic product, $8 billion in personal income and $3 billion in federal government revenues.

The economic analysis is based on conservative prices of $1.75 per lb. for copper, $15.00 per lb. for molybdenum, and $10.00 per ounce for silver.

The full economic study is available at www.mines.az.gov.

 

Honoring Arizona’s Mining Past

 

From the early Native Americans who dug for minerals, to the rugged pioneers who settled the state in search of a better life, to the hard working men and women today who produce more copper than every other state combined—mining has always been a part of Arizona.

 

Rosemont Copper’s vision is to utilize the latest mining technology and best practices to create a bridge from Arizona’s mining past to a high-tech, renewable future, providing more than 10 percent of the U.S copper supply while using half the land area of older Pima County mines.

 

Along the way, the project’s dramatic economic benefits promise to give the Arizona economy a much-needed boost, and put thousands of people to work.

 

To learn more about Rosemont Copper, visit www.RosemontCopper.com.

Income Generation Vs. Wealth Creation

 

Many people confuse income generation with wealth creation.  These are two very different concepts.  Income generation simply means increasing the number of financial transactions so money more frequently changes hands.  If I go to McDonalds and buy a hamburger, McDonalds can then pay an employee who goes out and buys clothes and the cycle continues.  Commerce is essential and good but it has its limitations.  The problem with these very simple transactions is that they do not increase the supply of money in the community.  Money simply changes hands.  Commerce is almost entirely a private sector affair.  Very little public sector support or intervention is needed for commerce to flourish.  In fact, the less government the better.

 

Commerce in Tucson is typically fairly healthy because we have a large number of tourists and retirees who bring their income from other areas to buy goods and services.   So, when times are good commerce increases and money continues to change hands.    When a recession hits, however, the tourists stay home and retirees stop moving here.   Money for commerce dries up.  The other problem with simple commerce is that we are almost entirely dependent on people moving here for income to grow.  Our population, and the city footprint, must constantly grow to create more income that creates the demand for more growth.  Many people are opposed to seeing Tucson grow so there is constant friction between the “growth” and “environmental” camps.

Wealth creation, on the other hand, means exploiting existing resources to produce goods and services that can be exported outside of the region and around the world.  Wealth can be used over and over again.  It has a multiplier effect that exists independent of commerce.  Wealth creates income but the multiplier effect is much more robust and it does not depend solely on population growth or attracting new consumers to the region.  Wealth is renewable and produces the goods and services that can be exported and create income for many, many years or perhaps even forever.

 

 

 

198 W. Franklin St.  Tucson, AZ. 85701

520.624.0231

www.substucson.com

 

Income Generation

Vs.

Wealth Creation

 

Many people confuse income generation with wealth creation.  These are two very different concepts.  Income generation simply means increasing the number of financial transactions so money more frequently changes hands.  If I go to McDonalds and buy a hamburger, McDonalds can then pay an employee who goes out and buys clothes and the cycle continues.  Commerce is essential and good but it has its limitations.  The problem with these very simple transactions is that they do not increase the supply of money in the community.  Money simply changes hands.  Commerce is almost entirely a private sector affair.  Very little public sector support or intervention is needed for commerce to flourish.  In fact, the less government the better.

 

Commerce in Tucson is typically fairly healthy because we have a large number of tourists and retirees who bring their income from other areas to buy goods and services.   So, when times are good commerce increases and money continues to change hands.    When a recession hits, however, the tourists stay home and retirees stop moving here.   Money for commerce dries up.  The other problem with simple commerce is that we are almost entirely dependent on people moving here for income to grow.  Our population, and the city footprint, must constantly grow to create more income that creates the demand for more growth.  Many people are opposed to seeing Tucson grow so there is constant friction between the “growth” and “environmental” camps.

Wealth creation, on the other hand, means exploiting existing resources to produce goods and services that can be exported outside of the region and around the world.  Wealth can be used over and over again.  It has a multiplier effect that exists independent of commerce.  Wealth creates income but the multiplier effect is much more robust and it does not depend solely on population growth or attracting new consumers to the region.  Wealth is renewable and produces the goods and services that can be exported and create income for many, many years or perhaps even forever.

 

 

 

 

 

 

 

 

A wealth creation strategy is one that coordinates public policy and private resources to take advantage of existing strengths that can be turned into enterprises to produce goods and services that can be exported. 

 

There are 5 ways and only 5 ways to create wealth:

 

1.  Take it out of the ground (mining,  farming, etc.)

 

2.  Turn raw materials into marketable goods (manufacturing, construction)

 

3.  Take it out of someone’s head (new technologies, consulting services)

 

4.  Have people pay you to see what you did not take out of the ground (eco-tourism)

 

5.  Provide transportation facilities for shipping services (transportation and warehousing hub)

 

A good wealth creation strategy would identify, coordinate and package the natural strengths of the region so that they could be easily accessed by private individuals who understand how to use them to produce and distribute goods and services.  Education, public safety, transportation, natural resources, governance, regulation and financing are all crucial to this effort.  To be effective, we need a true partnership between the public and private sector with the primary goal being wealth creation that will ultimately benefit all our citizens.

 

Courtesy of:

Rick Hodges