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It really could get very exciting soon, and Mick promised you double on steak, lobster, and beer. It sounds like a great time, but Vegas is too far for me.
Great day today
RCCH(2008/07/31)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
15:39:27 35000 0.0023 - OTCEQ_NBB
15:39:27 35000 0.0025 + OTCEQ_NBB
14:56:12 30806 0.0023 - OTCEQ_NBB
14:56:12 30806 0.0025 + OTCEQ_NBB
14:47:24 399200 0.0023 - OTCEQ_NBB
14:47:24 399200 0.0025 + OTCEQ_NBB
14:35:42 1324194 0.0018 - OTCEQ_NBB
14:32:21 10000 0.002 + OTCEQ_NBB
14:32:00 24194 0.002 + OTCEQ_NBB
14:32:00 24194 0.0019 + OTCEQ_NBB
14:29:36 40000 0.0019 + OTCEQ_NBB
13:57:24 500000 0.0019 + OTCEQ_NBB
11:26:33 50000 0.0017 - OTCEQ_NBB
11:19:06 300000 0.0019 + OTCEQ_NBB
11:14:45 350000 0.0019 + OTCEQ_NBB
10:38:18 300000 0.0019 + OTCEQ_NBB
10:03:42 100000 0.0019 + OTCEQ_NBB
09:41:48 95000 0.0019 + OTCEQ_NBB
09:36:54 80000 0.0019 + OTCEQ_NBB
09:36:42 20000 0.0019 OTCEQ_NBB
--------------------------------------------------------------------------------
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That's funny; it all depends on who answers the e-mail. LOL
That was a great idea to e-mail your broker and to see that TD has an expected date. Thanks MNM.
Maybe some who have other brokers could e-mail them as well.
Appears Gene is right on track.
Go RCCH!!!!!!
In order to get the correct share count for the audit, could they halt trading?
Imagine what that would do for the shorts. LOL
Pearls/Offering Pearls with Quality/China Jewelry/RCC Holdings
http://www.chinajewelry.net/
http://www.baida-finance.com/english/kfly.asp
chinajewelry.net.cn/rcc20%Holdings
http://cc.msnscache.com/cache.aspx?q=73654636611484&mkt=en-US&setlang=en-US&w=660e7c7f,3fe135be&FORM=CVRE9
China's Green Leap Forward - Follow the Money
http://greenleapforward.com/2008/06/12/follow-the-money/
Yes, we know but were just looking around for other RCC Holdings.
Here's a RCC Holdings LLC;
http://cc.msnscache.com/cache.aspx?q=73381523962432&mkt=en-US&setlang=en-US&w=f01b48df,5157ddb0&FORM=CVRE
Ian Hislop RCC Holdings LLC 7705 E. Doubletree Ranch Road, Unit 36, Scottsdale 85258.
http://www.secinfo.com/d12zh4.3e.htm
I know that there is a Pierre Morin at TSX, but there are some at others as well.
Many suites with same address at 3281 E. Guasti Rd.
http://search.msn.com/results.aspx?q=3281+E.+Guasti+Rd.%2C+Ontario%2C+CA&FORM=MSNH
Rcc Holdings Corp (909) 456-2800 3281 E Guasti Rd, Ontario, CA
This one has the same phone number;
https://www.nbrpa.com/events/LA_Calendar.aspx
NAI Capital
http://ontarioca.areaconnect.com/real_estate/sub/real_estate_letter.htm?ql=N
http://yellowpages.superpages.com/listings.jsp?STYPE=S&search=Find+It&SRC=areaconnect&channelId=&sessionId=&MCBP=true&CS=L&C=Nai+Capital+Commercial&L=Ontario%2C+CA
http://dnn4.naiglobal.com/Default.aspx?alias=dnn4.naiglobal.com/naicapital
I don't believe these companies are connected to RCC Holdings Corp., but you never know so here's another one;
http://www.rcc.com/rcc_emmack.html
Mostly buys yesterday; No triple zeroes.
RCCH(2008/07/21)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
16:09:09 985000 0.0013 + OTCEQ_NBB T (F)
15:40:12 100000 0.0011 + OTCEQ_NBB
14:04:33 126650 0.001 - OTCEQ_NBB
14:04:33 126650 0.0015 + OTCEQ_NBB
13:35:03 219000 0.001 - OTCEQ_NBB
13:35:03 219000 0.0015 + OTCEQ_NBB
13:20:39 400000 0.0015 + OTCEQ_NBB
11:00:48 20000 0.001 - OTCEQ_NBB
10:06:39 270000 0.0015 + OTCEQ_NBB
10:06:39 105000 0.0015 + OTCEQ_NBB
10:01:51 75000 0.0015 + OTCEQ_NBB
10:01:24 500000 0.0014 OTCEQ_NBB
--------------------------------------------------------------------------------
Bids can be called in and placed, but they do not show up with an MM. I've tried quite a bit and nothing works; maybe someone else can try calling them.
TD Ameritrade is not showing bids today.
Senators Bunning and Shelby Blast Bernanke on Monetary Policy
http://globaleconomicanalysis.blogspot.com/2008/07/senators-bunning-and-shelby-blast.html
Earlier today Bernanke Chairman Ben S. Bernanke testified Before the U.S. Senate in the Fed's Semiannual Monetary Policy Report to Congress. I commented on his testimony in Bernanke's Hogwash.
In an unusual but encouraging development, someone besides Ron Paul is calling Bernanke on his hogwash. Please consider Bunning Statement To The Senate Banking Committee On The Federal Reserve Monetary Policy Report.
As Prepared For Delivery:
Thank you, Mr. Chairman. I know we have a lot of ground to cover today, but I want to say a few things on the topic of this hearing and of the next.
First, on monetary policy, I am deeply concerned about what the Fed has done in the last year and in the last decade. Chairman Greenspan’s easy money the late nineties and then following the tech bust inflated the housing bubble and created the mess we are in today. Chairman Bernanke’s easy money in the last year has undermined the dollar and sent oil to new record highs every few days, and almost doubling since the rate cuts started. Inflation is here and it is hurting average Americans.
Second, the Fed is asking for more power. But the Fed has proven they can not be trusted with the power they have. They get it wrong, do not use it, or stretch it further than it was ever supposed to go. As I said a moment ago, their monetary policy is a leading cause of the mess we are in. As regulators, it took them until yesterday to use power we gave them in 1994 to regulate all mortgage lenders. And they stretched their authority to buy 29 billion dollars of Bear Stearns assets so J.P. Morgan could buy Bear at a steep discount.
Now the Fed wants to be the systemic risk regulator. But the Fed is the systemic risk. Giving the Fed more power is like giving the neighborhood kid who broke your window playing baseball in the street a bigger bat and thinking that will fix the problem. I am not going to go along with that and will use all my powers as a Senator to stop any new powers going to the Fed. Instead, we should give them less to do so they can do it right, either by taking away their monetary policy responsibility or by requiring them to focus only on inflation.
Third and finally, since I expect we will try to get right to questions in the next hearing, let me say a few words about the G.S.E. bailout plan. When I picked up my newspaper yesterday, I thought I woke up in France. But no, it turns out socialism is alive and well in America. The Treasury Secretary is asking for a blank check to buy as much Fannie and Freddie debt or equity as he wants. The Fed’s purchase of Bear Stearns’ assets was amateur socialism compared to this.
And for this unprecedented intervention in the markets what assurances do we get that it will not happen again? None. We are in the process of passing a stronger regulator for the G.S.E.s, and that is important, but it allows them to continue in the current form. If they really do fail, should we let them go back to what they were doing before?
I will close with this question Mr. Chairman. Given what the Fed and Treasury did with Bear Stearns, and given what we are talking about here today, I have to wonder what the next government intervention in private enterprise will be. More importantly, where does it stop?
Financial Powder Keg
Political Bases is reporting Bernanke: economy faces 'numerous difficulties'
Bernanke's testimony comes just two days after the Fed and the Treasury Department came to the rescue of mortgage giants Fannie Mae and Freddie Mac, offering to throw them a financial lifeline.
The Fed chief was later joined by Treasury Secretary Henry Paulson and Securities and Exchange Commission Chairman Chris Cox, who were summoned to detail the rescue plan.
Paulson said that if the government extends any financial backing to the two institutions it will be done "under terms and conditions that protect the U.S. taxpayer." He didn't provide details. "This is a backup facility that hopefully it will never be used," Paulson said. The Treasury chief said he hoped that the pledge itself would help to boost eroding investor confidence in the companies.
Sen. Richard C. Shelby of Alabama, the panel's senior Republican, cautioned, "I fear that we're sitting on a financial powder keg." Officials may envision never using the powers, Shelby added, but "this is not an empty gesture.... what if they did?"
Read My Lips
Senator Shelby D-Ala (right) the ranking member on the Senate Banking Committee looks at Chairman Chris Dodd D-Ct and says "Read my lips ... what if they did?"
Paulson did not provide the details because it's impossible to explain how an "unlimited lending line" can have "terms and conditions necessary to protect the taxpayer". In other words, it's a lie, in a series of lies by Paulson.
For more on this line of reasoning and other Paulson statements that do not add up, please see Paulson Crosses Rubicon Lands In 5th Dimension.
As I said at the top, it is an unusual but encouraging development to have someone besides Ron Paul take Bernanke to the woodshed. It also appears we have two new proponents to the Fed Uncertainty Principle.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List
Happy Birthday hypehunter, my portfolio is in the same condition and today is my birthday also; I wish we would have some good news today also, but I'll be very happy with any great news day in the near future.
Sounds great for us TT.
Thank you mennypenny, great that Cramer is speaking out on naked shorting. All investors should e-mail and call the SEC today and tell them to enforce their law and stop doing what's best for themselves and their crooked hedgefund friends.
Well, I'm hoping that Gene has a nice surprise for the naked shorts as well.
It should be; I wonder if TD Ameritrade naked shorted again and put on the buying on liine restriction while they cover.
SEC to Limit Short Sales of Fannie, Freddie, Brokers (Update5)
By Jesse Westbrook and David Scheer
July 15 (Bloomberg) -- The U.S. Securities and Exchange Commission will limit the ability of traders to bet on a drop in shares of brokerage firms, Freddie Mac and Fannie Mae as part of a crackdown on stock manipulation, the agency's chairman said.
Christopher Cox told the Senate Banking Committee the agency will require traders to hold shares of the two mortgage buyers and the brokerages before they execute a short sale. The order, to be in effect for as long as 30 days, will bar the practice called naked short selling, in which traders avoid the financial cost of borrowing shares when betting they'll fall.
``Since it's impossible to police false rumors, the next best option for protecting fragile financial institutions is to halt short-selling for a time being,' said David Trone, analyst at Fox-Pitt Kelton Cochran Caronia Waller. ``The SEC's action is at least a partial measure.'
The SEC is investigating whether trading abuses contributed to the collapse of Bear Stearns Cos. in March and the 80 percent drop in the market value of larger rival Lehman Brothers Holdings Inc. this year. Fannie Mae and Freddie Mac have each lost about 80 percent of their value amid speculation the mortgage-market crisis may push the firms into insolvency.
Hedge-fund manager William Ackman, who oversees $6 billion at Pershing Square Capital Management, is among those betting shares of Fannie Mae and Freddie Mac will fall. There's no indication he is engaging in naked short selling, in which traders never borrow shares from their broker or deliver the stock to buyers.
SEC Reluctance
The SEC had been reluctant to curb short sales ``because it would require a major retooling of the plumbing of Wall Street,' said James Angel, a professor at Georgetown University studying short sales. ``It's only when the big Wall Street firms are threatened that the SEC does something about it.'
Cox said the SEC also will draft rules ``to address these same issues across the entire market.'
Short-sellers, who borrow shares betting that they'll decline, are spreading rumors about Lehman in an organized attempt to depress the stock, according to Richard Bove, bank analyst at Ladenburg Thalmann & Co. in Lutz, Florida.
``As with Bear Stearns, Lehman has been targeted by the fear-trade,' Fox-Pitt's Trone in a report yesterday. Lehman should go private to avoid attacks by short-sellers, he said.
Freddie Mac, down as much as 34 percent today before Cox's comments, fell 26 percent to $5.26 in New York Stock Exchange composite trading. Fannie Mae tumbled 27 percent. Lehman rose 82 cents, or 6.6 percent, to $13.22, ending a four-day slide.
More Costly
John Nester, an SEC spokesman, said the emergency order will ``require any person effecting a short sale in the listed securities to borrow the securities before the short sale is effected and deliver the securities on settlement date.'
The order, to be published today, will initially take effect for 10 business days on July 21, Nester said. It may be extended for a total of 30 calendar days.
The SEC's proposal will raise the cost of short-selling a stock, said Gregory DePetris, co-founder of Quadriserv Inc., a New York brokerage that specializes in securities lending. ``There will be greater demand for shares,' he said. ``It will make the process a little less easy.'
In traditional short selling, traders borrow stock through a broker and hope to profit by selling shares at a higher price and later buying them back at lower prices to repay the loan.
Naked short selling isn't necessarily illegal, unless authorities can prove fraud, such as a scheme to manipulate stock prices.
`More Efficient'
``Short-sellers in general help price discovery and make the market more efficient,' said Warren Chiang, a fund manager at Mellon Capital Management, which oversees about $200 billion. ``But naked shorting isn't fair.'
U.S. Senator Charles Schumer questioned whether the SEC should restore the so-called uptick rule, which barred traders from short-selling stocks when prices are falling. The rule, scrapped in June 2007, was implemented after the Great Depression to prevent raids on companies.
While the regulator is considering ``some other kind of price test' to regulate short selling, it has no plans to reinstitute the uptick rule, Cox said. ``It was just very clear that that rule no longer mattered,' he said.
To contact the reporters on this story: Jesse Westbrook in Washington at jwestbrook1@bloomberg.net; David Scheer in New York at dscheer@bloomberg.net.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aPE.Apdv7m2E&refer=home
Thank you MNM for your e-mail; I'm still here and holding long and strong; just don't have much time at present. The reduction in shares is great news indeed, and I'm happy to see our pps moving back up.
Looking forward to our new exchange.
CW
They must be out of shares; LOL
Historical Time & Sales
Stock Symbol Trade Date Price Range Trade Size Trades per Page
Today 1 day ago 2 days ago 3 days ago 4 days ago Min Max Min Max (Max 400)
RCCH(2008/06/05)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
15:52:00 300000 0.003 + OTCEQ_NBB
15:38:30 200000 0.003 + OTCEQ_NBB
15:38:30 200000 0.0029 - OTCEQ_NBB
15:37:42 150000 0.003 + OTCEQ_NBB
15:36:57 100000 0.003 + OTCEQ_NBB
15:30:00 500000 0.0025 - OTCEQ_NBB
15:29:45 375000 0.0025 - OTCEQ_NBB
13:54:27 1000000 0.0025 - OTCEQ_NBB
13:53:33 200000 0.003 + OTCEQ_NBB
13:53:33 200000 0.0025 - OTCEQ_NBB
12:37:09 200000 0.0025 - OTCEQ_NBB
12:37:09 200000 0.003 + OTCEQ_NBB
11:17:45 5000 0.0025 + OTCEQ_NBB
11:17:21 55100 0.002 + OTCEQ_NBB
11:17:18 300000 0.002 + OTCEQ_NBB
11:16:54 500000 0.002 + OTCEQ_NBB
10:09:54 32500 0.0019 - OTCEQ_NBB (XF)
10:03:45 75000 0.002 + OTCEQ_NBB
10:03:42 70000 0.0019 - OTCEQ_NBB
10:03:39 70000 0.0019 - OTCEQ_NBB
09:51:54 25000 0.002 + OTCEQ_NBB
09:49:45 45000 0.002 + OTCEQ_NBB
09:45:48 49900 0.002 + OTCEQ_NBB
09:33:06 27000 0.002 + OTCEQ_NBB
09:32:54 5000 0.002 + OTCEQ_NBB
09:31:57 5000 0.002 + OTCEQ_NBB
09:30:57 5000 0.002 + OTCEQ_NBB
09:30:00 5000 0.002 + OTCEQ_NBB
09:24:12 30000 0.002 + OTCEQ_NBB T (F)
09:19:21 50000 0.002 OTCEQ_NBB T (F)
We don't need a rocketship; just ride on RCCH's coattails.
RCCH could be having a slow and steady MOASS.
RCCH .0019 News
RCCH Voice of America Includes RCC/IWS System in EPA Washington Science Forum Video
Release
ONTARIO, Calif., Jun 05, 2008 (BUSINESS WIRE) -- The staff of RCC/IWS is pleased
to be part of the Voice of America program covering the recent EPA Washington
Science Forum, held May 20 through May 22, at the Ronald Reagan International
Trade Center in Washington, DC. RCC/IWS displayed its ETV-verified wastewater
treatment technology Click for Detail and sent several staff to support
the show's exhibit. To view the VOA show film, the website reference is located
at: http://www.voanews.com/english/2008-05-23-voa18.cfm?rss=environment
When you obtain the site, click on: "EPA New Green Technology Report/Broadband -
Watch," the second item at the top.
There is one correction that should be noted from the commentary. The moderator
credits RCC/IWS with having two (2) systems installed. The number installed is
actually twenty (20), with two (2) new systems close to installation.
The Voice of America, which first went on the air in 1942, is a multimedia
international broadcasting service funded by the U.S. government through the
Broadcasting Board of Governors. VOA broadcasts more than 1,000 hours of news,
information, educational, and cultural programming every week to an estimated
worldwide audience of more than 115 million people.
The CEO of RCC Holdings Corp. (Pink Sheets: RCCH)
CSM: Is water becoming ‘the new oil’?
Population, pollution, and climate put the squeeze on potable supplies – and private companies smell a profit. Others ask: Should water be a human right?
By Mark Clayton | Staff writer of The Christian Science Monitor / May 29, 2008 edition
Reporter Mark Clayton discusses the growing market for 'blue gold'.
Reporter Mark Clayton
Public fountains are dry in Barcelona, Spain, a city so parched there’s a €9,000 ($13,000) fine if you’re caught watering your flowers. A tanker ship docked there this month carrying 5 million gallons of precious fresh water – and officials are scrambling to line up more such shipments to slake public thirst.
Barcelona is not alone. Cyprus will ferry water from Greece this summer. Australian cities are buying water from that nation’s farmers and building desalination plants. Thirsty China plans to divert Himalayan water. And 18 million southern Californians are bracing for their first water-rationing in years.
Water, Dow Chemical Chairman Andrew Liveris told the World Economic Forum in February, “is the oil of this century.” Developed nations have taken cheap, abundant fresh water largely for granted. Now global population growth, pollution, and climate change are shaping a new view of water as “blue gold.”
Water’s hot-commodity status has snared the attention of big equipment suppliers like General Electric as well as big private water companies that buy or manage municipal supplies – notably France-based Suez and Aqua America, the largest US-based private water company.
Global water markets, including drinking water distribution, management, waste treatment, and agriculture are a nearly $500 billion market and growing fast, says a 2007 global investment report.
But governments pushing to privatize costly to maintain public water systems are colliding with a global “water is a human right” movement. Because water is essential for human life, its distribution is best left to more publicly accountable government authorities to distribute at prices the poorest can afford, those water warriors say.
“We’re at a transition point where fundamental decisions need to be made by societies about how this basic human need – water – is going to be provided,” says Christopher Kilian, clean-water program director for the Boston-based Conservation Law Foundation. “The profit motive and basic human need [for water] are just inherently in conflict.”
Will “peak water” displace “peak oil” as the central resource question? Some see such a scenario rising.
“What’s different now is that it’s increasingly obvious that we’re running up against limits to new [fresh water] supplies,” says Peter Gleick, a water expert and president of the Pacific Institute for Studies in Development, Environment, and Security, a nonpartisan think tank in Oakland, Calif. “It’s no longer cheap and easy to drill another well or dam another river.”
The idea of “peak water” is an imperfect analogy, he says. Unlike oil, water is not used up but only changes forms. The world still has the same 326 quintillion gallons, NASA estimates.
But some 97 percent of it is salty. The world’s remaining accessible fresh-water supplies are divided among industry (20 percent), agriculture (70 percent), and domestic use (10 percent), according to the United Nations.
Meanwhile, fresh-water consumption worldwide has more than doubled since World War II to nearly 4,000 cubic kilometers annually and set to rise another 25 percent by 2030, says a 2007 report by the Zurich-based Sustainable Asset Management (SAM) group investment firm.
Up to triple that is available for human use, so there should be plenty, the report says. But waste, climate change, and pollution have left clean water supplies running short.
“We have ignored demand for decades, just assuming supplies of water would be there,” Dr. Gleick says. “Now we have to learn to manage water demand and – on top of that – deal with climate change, too.”
Population and economic growth across Asia and the rest of the developing world is a major factor driving fresh-water scarcity. The earth’s human population is predicted to rise from 6 billion to about 9 billion by 2050, the UN reports. Feeding them will mean more irrigation for crops.
Increasing attention is also being paid to the global “virtual water” trade. It appears in food or other products that require water to produce, products that are then exported to another nation. The US may consume even more water – virtual water – by importing goods that require lots of water to make. At the same time, the US exports virtual water through goods it sells abroad.
As scarcity drives up the cost of fresh water, more efficient use of water will play a huge role, experts say, including:
• Superefficient drip irrigation is far more frugal than “flood” irrigation. But water’s low cost in the US provides little incentive to build new irrigation systems.
• Aging, leaking water pipes waste billions of gallons daily. The cost to fix them could be $500 billion over the next 30 years, the federal government estimates.
• Desalination. Dozens of plants are in planning stages or under construction in the US and abroad, reports say.
• Privatization. When private for-profit companies sell at a price based on what it costs to produce water, that higher price curbs water waste and water consumption, economists say.
In the US today, about 33.5 million Americans get their drinking water from privately owned utilities that make up about 16 percent of the nation’s community water systems, according to the National Association of Water Companies, a trade association.
“While water is essential to life, and we believe everyone deserves the right of access to water, that doesn’t mean water is free or should be provided free,” says Peter Cook, executive director of the NAWC. “Water should be priced at the cost to provide it – and subsidized for those who can’t afford it.”
But private companies’ promises of efficient, cost-effective water delivery have not always come true. Bolivia ejected giant engineering firm Bechtel in 2000, unhappy over the spiking cost of water for the city of Cochabamba. Last year Bolivia’s president publicly celebrated the departure of French water company Suez, which had held a 30-year contract to supply La Paz.
In her book, “Blue Covenant,” Maude Barlow – one of the leaders of the fledgling “water justice” movement – sees a dark future if private monopolies control access to fresh water. She sees this happening when, instead of curbing pollution and increasing conservation, governments throw up their hands and sell public water companies to the private sector or contract with private desalination companies.
“Water is a public resource and a human right that should be available to all,” she says. “All these companies are doing is recycling dirty water, selling it back to utilities and us at a huge price. But they haven’t been as successful as they want to be. People are concerned about their drinking water and they’ve met resistance.”
Private-water industry officials say those pushing to make water a “human right” are ideologues struggling to preserve inefficient public water authorities that sell water below the cost to produce it and so cheaply it is wasted – doing little to extend service to the poor.
“There are three basic things in life: food, water, and air,” says Paul Marin, who three years ago led a successful door-to-door campaign to keep the town council of Emmaus, Pa., from selling its local water company. “In this country, we have privatized our food. Now there’s a lot of interest in water on Wall Street…. But I can tell you it’s putting the fox in charge of the henhouse to privatize water. It’s a mistake.”
Water and war: Will scarcity lead to conflict?
Cherrapunjee, a town in eastern India, once held bragging rights as the “wettest place on earth,” and still gets nearly 40 feet of rain a year. Ironically, officials recently brought in Israeli water-management experts to help manage and retain water that today sluices off the area’s deforested landscape so that the area can get by in months when no rain falls.
“Global warming isn’t going to change the amount of water, but some places used to getting it won’t, and others that don’t, will get more,” says Dan Nees, a water-trading analyst with the World Resources Institute. “Water scarcity may be one of the most underappreciated global political and environmental challenges of our time.” Water woes could have an impact on global peace and stability.
In January, United Nations Secretary-General Ban Ki Moon cited a report by International Alert, a self-described peacebuilding organization based in London. The report identified 46 countries with a combined population of 2.7 billion people where contention over water has created “a high risk of violent conflict” by 2025.
In the developing world – particularly in China, India, and other parts of Asia – rising economic success means a rising demand for clean water and an increased potential for conflict.
China is one of the world’s fastest-growing nations, but its lakes, rivers, and groundwater are badly polluted because of the widespread dumping of industrial wastes. Tibet has huge fresh water reserves.
While news reports have generally cited Tibetans’ concerns over exploitation of their natural resources by China, little has been reported about China’s keen interest in Tibet’s Himalayan water supplies, locked up in rapidly melting glaciers.
“It’s clear that one of the key reasons that China is interested in Tibet is its water,” Dr. Gleick says. “They don’t want to risk any loss of control over these water resources.”
The Times (London) reported in 2006 that China is proceeding with plans for nearly 200 miles of canals to divert water from the Himalayan plateau to China’s parched Yellow River. China’s water plans are a major problem for the Dalai Lama’s government in exile, says a report released this month by Circle of Blue, a branch of the Pacific Institute, a nonpartisan think tank.
Himalayan water is particularly sensitive because it supplies the rivers that bring water to more than half a dozen Asian countries. Plans to divert water could cause intense debate.
“Once this issue of water resources comes up,” wrote Elizabeth Economy, director of Asia Studies at the Council on Foreign Affairs, to Circle of Blue researchers in a report earlier this month, “and it seems inevitable at this point that it will – it also raises emerging conflicts with India and Southeast Asia.”
Tibet is not the only water-rich country wary of a water-poor neighbor. Canada, which has immense fresh-water resources, is wary of its water-thirsty superpower neighbor to the south, observers say. With Lake Mead low in the US Southwest, and now Florida and Georgia squabbling over water, the US could certainly use a sip (or gulp) of Canada’s supplies. (Canada has 20 percent of the world’s fresh water.)
But don’t look for a water pipeline from Canada’s northern reaches to the US southwest anytime soon. Water raises national fervor in Canada, and Canadians are reluctant to share their birthright with a United States that has mismanaged – in Canada’s eyes – its own supplies. Indeed, the prospect of losing control of its water under free-trade or other agreements is something Canadians seem to worry about constantly.
A year ago, Canada’s House of Commons voted 134 to 108 in favor of a motion to recommend that its federal government “begin talks with its American and Mexican counterparts to exclude water from the scope of NAFTA.”
( More environment stories )
1.Anne | 05.29.08
Well, i fyou look at the history of the middle east, waater has been ‘the new oil” there for centuries: They have fought over water supplies since the dawn of man. In the industrialized west, we are just too shortsighted to plan for this looming crisis. Instead of planning to manage our resources, we react to crisis and this will be our way of handling the new “blue gold”.
2.Giles Slade | 05.29.08
Great piece, Mark, thank you…
Canada not only has 20% of the current freshwater supply in the world, but that supply will increase within the next 2 generations. The Yukon and MacKenzie rivers that flow into the Arctic Ocean (as 60% of all Canadian water currently does) will increase (it is estimated) by about 40% of their capacity under global warming. At the same time, the United States will lose about 30% of its current water supply due the disappearance of snow-melt, increased evaporation, and the over-drafting of aquifers (like the Ogallala in the High Plains, which currently irrigates 35% of all American agricultural products).
The USGS has predicted –imagine how unpopular this news was– that 36 states will suffer acute drought within the next 5 years… In part this is due to the poleward expansion of sub-tropical zones and increases in the La Nina effect which cut a dry swath across the subtropical regions of the globe including America’s southwest and southeast (yes, Atlanta). In North America, what we’re looking at is an end to the era of the ‘Cadillac Desert’ and the beginning of a very dry period that across many separate geographical regions from the Great Lakes to the southern United States. This period will make the Dust Bowl with its outmigration from the High Plains and Southwest pale in comparison.
North American outmigration has actually already begun (although no one yet notices because the migrants speak Spanish and come either from the Central American Drought Corridor –Guatemala, El Salvador, Belize– or from Mexico which is already experiencing acute water shortages due to desertification, over-drafting and a remarkable increase in their urban populations). There are 40 million Mexicans in the United States (about 1/2 of them are legal). (This leaves only 60 million Mexicans in Mexico at any given time). The rush to erect border fences in Texas, Arizona and California is really an admission on the part of the United States government that Latin migration will become an acute economic problem within the next few decades as essential human resources in the continental United States decline under global warming and really poor water management policies.
No massive NAWAPA pipeline from Canada will be sufficient to provide the level of water consumption for America’s increasing population. This is just wishful thinking. In any case, Canadians will not likely give up their water very easily or very cheaply. There would have to be a war. Of course, America would win very easily, but can you imagine that? Things are simply going to hurt south of the 49th parallel and people are going to move to cooler climes and higher, wetter ground. America itself may have to move house. No one is happy about this. But at this late date, there’s little that can be done.
Chris Wood’s new book DRY SPRING deals with these issues very thoroughly and Marc Reisner’s CADILLAC DESERT provides the historical background. Another really good thing to read is Wallace Broeker’s new FIXING CLIMATE. Ken Midkiff has a good book called NOT A DROP TO DRINK, and Robert Glennon has a better book called WATER FOLLIES.
3.Suzanne Settle | 05.29.08
Besides the natural causes, most Americans take water for granted and are very wasteful. I’m in the Pacific NW where we don’t have as much of a problem but states like Georgia and South Carolina last year had towns that had NO water and had to truck it in like some of the countries that are talked about in the article.
We pretty much overuse and waste everything. Not all of us. Some of us make better use of resources than others but also government waste is a major issue. And over-regulation is ridiculous.
4.milton | 05.29.08
Potable water from our sewage treatment centers will just be recycled back into our drinking water systems. It is being done already in many places. Urinals will reduce use as can compost toilets. Alternate sources of energy(windmills, solar cells)can replace thermal electric plants (coal,nukes, natural gas). Thus freeing up billions of gallons of water. In the US we only have to be a bit smarter about our usage. It wouldn’t hurt to stop growing lettuce in the dessert.
5.Michael Campana | 05.29.08
Canada does not have 20% of the world’s fresh water supply. What it does have is 20% of the world’s fresh, unfrozen, surface water. There is a big difference. There is far more fresh water beneath the ground and frozen in snow and ice than there is on the Earth’s surface.
6.Teresa Binstock | 05.30.08
Western civilization’s most influential administrators have long enforced economic growth and population growth. As a result, the biosphere has become a modern-day Titanic, and we’re all passengers. Redirecting western civilization’s ongoing metastasis requires some of its central tenets be revised.
7.California Literary Review: Environment - 05.30.08 | 05.30.08
[…] Is water becoming ‘the new oil’?: Barcelona is not alone. Cyprus will ferry water from Greece this summer. Australian cities are buying water from that nation’s farmers and building desalination plants. Thirsty China plans to divert Himalayan water. And 18 million southern Californians are bracing for their first water-rationing in years. [CSM] […]
8.Karen Ortiz | 05.30.08
Water is Blue Gold!
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9.Circle of Blue WaterNews Input » Blog Archive » Is water becoming ‘the new oil’? | 05.30.08
[…] Read more here. […]
10.Tricia | 05.30.08
I don’t have an issue with privatizing water, so long as the first 20 gallons per day is free. There should be enough provided free to each household to sustain life. But additional usage should have a charge. It’s the charge that will make people conserve.
11.Interesting Times » Blog Archive » Is water becoming ‘the new oil’? | 05.31.08
[…] More? […]
12.Norm | 05.31.08
Water is necessary for life. Access should not be left to market forces which oft times are driven by short_term gains, not long term survival issues for society as a whole. With reluctance I must admit government intervention and mgt is a must.
13.Oreyeon | 05.31.08
““While water is essential to life, and we believe everyone deserves the right of access to water, that doesn’t mean water is free or should be provided free,” says Peter Cook, executive director of the NAWC. “Water should be priced at the cost to provide it – and subsidized for those who can’t afford it.””
Let’s take this twats water away and see how quickly he changes his tune. I’m sick of this crap. MONEY IS NOT EVERYTHING!!
Just remember douchebag, every action has an opposite and equal reaction.
14.The Next Frontier For Exploitation…..WATER! « WHAT IS GOING ON? | 05.31.08
[…] Common Dreams had a good piece yesterday about Water becoming the new ?Oil?. Considering how many of us actually PAY for fresh drinking water (I know I buy bottled spring water), it should come as no surprise that eventually, someone would find a way to make water a commodity. Now that a so-called ?food crisis? is upon us, you can be sure that a new ?water crisis? will come to light. Published on Friday, May 30, 2008 by The Christian Science Monitor […]
15.Ponce | 05.31.08
We can live without oil but not without water…… Oil wars are small ones when compared to the wars to be over water.
16.solohoh | 05.31.08
Oscar Goodman, the mayor of Las Vegas, told our professional engineering luncheon group a few years ago “whatever we flush, we drink.” That will be the future for much of the world’s population.
17.D. L. | 05.31.08
Would you believe… Who has the largest supply of fresh water in the Middle East? Give yourself a pat on the back if you said Iraq. NOW YOU KNOW why “we” went to war there! Oil? Gimme a break! It was for water. The Tigris and Euphrates. and what US ally has a serious lack of fresh water, what with the Sea of Galillee now little more than a mud puddle and the Jordan River having to be shared by Lebanon, Jordan, Syria and that little ally of ours, who many say is directing our foreign policy. Yes, folks, we DID go to war for the sake of Israel, but not over security…so that we could supply what Chirac called that “shitty little country” enough water to fill their swimming pools–while the Palestinians go as thirsty as a bone. Nice one, Bush!
18.Edwin Pell | 05.31.08
The issue is over population. Too many people. The U.S. can start to address it’s over population problem by ending immigration.
19.jon b | 05.31.08
It’s funny how this was predicted years ago yet only now do we think it’s time to do something about it. Further not much will really be done about it because it takes too much time to argue about what to do.
All the things predicted are now coming together as the “perfect storm.” Peak oil, global warming, water resources, land use and the long ago prediction of overpopulation problems is the ultimate crux of it all.
Attitudes must change. Certainly posters such as Tricia “I don’t have an issue with privatizing water, so long as the first 20 gallons per day is free,” don’t have a clue. 20 gallons of water per day is an ocean to the vast majority of people in the world. Within the decade even in parts of the USA, 20 gallons a day will be a dream.
I live in Michigan among the Great Lake states trying to organize a defense against the piping out of the Great Lakes water. Thirsty states are beginning to drool for our water nor thinking of the damage to the whole system draining it will do. Even today the Great Lakes are already at low levels. I’ve been telling my fellow Michiganders to expect an in-migration of people (currently due to a bad economy people are leaving) as high costs/shortages of water and energy in the south US drive them north.
Global warming is advancing faster than most people realize. The great plains could be reverting back to desert within 20 years due to droughts most years. The Southeast is already experiencing droughts. Two degrees of global warming is already built into the system even if humans vanished from the Earth today, but since the world can’t even begin to bring carbon emissions to a level to not increase warming, two degrees isn’t the limit.
Finally desalinization is somewhat of a bondoogle solution as it is energy intensive contributing to global warming and is environmental sensitive to the ocean near the plants. Here I’ll only mention the over-fishing of our oceans as another problem in the “perfect storm.”
Find this article at:
http://features.csmonitor.com/environment/2008/05/29/is-water-becoming-%e2%80%98the-new-oil%e2%80%99
Keeping Stormwater Runoff Clean
Tips for:
Lawn & Garden
Sidewalks & Driveways
Septic System Users
Controlling Runoff
Even More Tips
Prepare your Home Before it Rains
Tips for lawn and garden
If pesticides and fertilizers are applied incorrectly or excessively, they can be washed from yards and gardens into waterways and groundwater. Pesticides can be toxic to fish and can contaminate drinking water. Chemical and organic fertilizers both can cause excessive plant growth in water. When these plants die, they rob the water of oxygen and this can kill fish.
Water and fertilize wisely and use pesticides only when necessary.
Encourage insect-eating birds and "friendly" insects like ladybugs and lacewings. Attract birds by providing tree cover and food during winter.
Compost your yard wastes. Keep grass clippings out of ravines and waterways where they will become unwanted fertilizer.
Believe the directions on pesticides and herbicides. Applying more chemicals than directed may do more harm than good. Never spray near ditches, lakes or streams. Spray on cool windless days.
Dispose of lawn and garden chemicals carefully. Follow instructions on the container. Never dump them down the drains, in the gutter or near water. They can "upset" sewage treatment plants and septic tanks. If you have unused pesticides, visit the Household Hazardous Waste web page for instructions on proper disposal.
Top of Page
Tips for sidewalks and driveways
Streets and driveways are sources of water pollution. Oil leaking from cars is a major cause of water pollution. Spilled or leaked antifreeze kills fish when it reaches streams. Remember, most of the water from your driveway and sidewalk flows directly into streams without treatment.
Recycle your used crankcase oil. You can refer to Kitsap County's Solid Waste Division for information on the nearest collection center.
Fix that leaky crankcase or transmission. If repair is not possible, put a drip tray under the car and recycle the collected oil.
Pave your driveway with lattice block pavers instead of concrete or asphalt. These pavers allow stormwater to seep into the ground.
De-ice with sand instead of salts and chemicals. Sweep up the sand before the next rainstorm.
Keep suds out of the gutters. Use low-phosphate soaps when you wash your car. Wash your car on the lawn rather than the driveway. Soap in limited amounts will not harm your lawn but is extremely harmful to fish and other aquatic life. Do not dump detergents or cleaning compounds into local waterways.
Never direct wash water from engine degreasing into storm drains or ditches.
Sweep walkways and driveways rather than hosing debris into storm drains.
Top of Page
Tips for septic system users
A septic system that works properly will treat sewage and then let the liquid effluent slowly soak into the soil. A system that doesn't work properly can pollute surface and ground waters and cause disease and odors.
Be careful what you flush. Don't flush oil, plastic, diapers or anything else that won't decompose. If you have a food disposal in your home, use it sparingly and have your septic tank inspected for pumping more often.
Know where your septic system is and protect it. Don't pave or drive over it or you may damage the tank and drainfield.
Have your tank inspected for pumping every three years. If it needs to be pumped, use only properly licensed septic pumpers.
Conserve water. Using more water than necessary will decrease the life of your system.
Divert runoff away from your drainfield. Excess water over a drainfield saturates the soil and can lead to failure.
Many of the newer septic installations have pumps, alarms, and timers. These systems should be serviced regularly by Health District certified companies.
If you have any questions regarding septic systems, contact the Kitsap County Health District at 337-5235 or visit the Health District's web site.
Top of Page
Tips to control runoff
Removing vegetation or covering the ground with pavement and buildings prevents water from soaking into the soil. During rainstorms, this water flows across the ground, picking up oil, pesticides, fertilizers, grit or anything else that will float, dissolve or be moved along. These pollutants are carried into surface and ground water.
Retain natural ground cover whenever possible.
Stabilize areas of bare soil with vegetation as soon as possible after grading.
Plant more trees and shrubs. They capture and hold a lot of rain before it reaches the ground. Wherever possible, keep existing trees, bushes and plants.
Avoid landscaping plastic. Large plastic sheets used to prevent erosion or weeds create as much runoff as paved streets. Use burlap on hillsides and perforated landscaping fabrics on level areas.
Limit use of bark mulch. It creates toxic leachate that may enter water courses. Limit use of bark mulch to areas that do not drain directly into storm sewers or open water.
Don't connect roof downspouts to ditches or storm sewers. Direct the water over lawns or construct French drains (gravel-filled trenches) whenever possible.
Top of Page
Even more tips
Clean up pet wastes. Runoff can carry wastes into lakes and streams. Either bury pet wastes or flush them down the toilet.
Drain hot tubs and swimming pools away from waterways and storm sewers. Chlorinated water is deadly to fish and aquatic life, and should be drained onto the ground or into domestic sewers.
Keep livestock away from streams and marshes. Animal wastes degrade water quality and their hooves can cause banks to collapse, leading to heavy siltation and possibly blocking the water flow.
Retention of natural vegetation along stream corridors is very important to stream habitat. Stream buffers are addressed in the Kitsap County Critical Areas Ordinance. Contact the Kitsap County Department of Community Development at 337-7181 to get buffer requirements before removing vegetation.
Keep litter out of the stream. This includes tree branches, grass clippings, old appliances or trash. Large objects can block the movement of water and fish and destroy fish eggs. Organic matter will rot and reduce the dissolved oxygen in the water. The oxygen is needed by fish and helps keep the water fresh smelling.
Don't alter natural waterways. Although well intentioned, any changes you make to your stream could destroy spawning beds and fish eggs or block fish migration. Do not build ponds and dams without proper guidance and approval from the Washington State Department of Fish and Wildlife.
Great update; they need to protect all the fish and hatcheries in rivers and streams. By the year 2050 scientests predict ocean fish to become extinct.
http://www.bestsyndication.com/?q=110306_scientist-predict-ocean-species-extinction-by-2050.htm
You're so right; they really do care about their shareholders, and we are so lucky to be in here. I remember many months ago when Gene had mentioned that at some point the small investors won't be able to afford buying RCCH stock and the flippers will be left behind.
I've done so much DD and feel very good about my investment and looking forward to the new exchange.
Today, there were many more mirror trades than usual which could be a signal for a turn around; we'll see.
RCCH(2008/06/04)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
16:10:33 466677 0.0018 - OTCEQ_NBB T (F)
14:37:27 50000 0.0019 + OTCEQ_NBB
14:37:06 250000 0.0019 + OTCEQ_NBB
14:27:21 166677 0.0018 + OTCEQ_NBB
13:37:45 73389 0.0018 + OTCEQ_NBB
12:55:30 1500000 0.0017 - OTCEQ_NBB
12:55:30 1500000 0.0018 + OTCEQ_NBB
12:46:57 500000 0.0018 + OTCEQ_NBB
12:46:57 500000 0.0017 - OTCEQ_NBB
12:19:30 378100 0.0017 - OTCEQ_NBB
12:19:30 378100 0.0018 + OTCEQ_NBB
12:04:54 500000 0.0018 + OTCEQ_NBB
12:04:54 500000 0.0017 - OTCEQ_NBB
12:04:24 6000 0.0017 - OTCEQ_NBB
12:04:24 6000 0.0018 + OTCEQ_NBB
12:04:09 500000 0.0018 + OTCEQ_NBB
12:04:09 500000 0.0017 - OTCEQ_NBB
10:07:15 926611 0.0018 - OTCEQ_NBB
10:07:15 926611 0.002 + OTCEQ_NBB
09:32:09 494000 0.0019 - OTCEQ_NBB
09:32:09 494000 0.002 + OTCEQ_NBB
09:32:03 478000 0.0016 OTCEQ_NBB
Someone is looking into it, but I haven't heard anything yet.
Shorts are having a picnic plus investors that have done their DD are picking up shares, IMO. It was great news today and the FUD was killed; LOL
RCCH (.002) RCC Exhibits at EPA Washington Science Fair
Thursday, May 29 2008 10:00 AM, EST
Business Wire "US Press Releases "
ONTARIO , Calif.--(BUSINESS WIRE)--
RCC/IWS has just returned from the 2008 EPA Science Forum, where it exhibited its EPA ETV (www.epa.gov/etv) verified system. At the conference, held in Washington, D.C ., the world's leading environmental scientists and policy makers explored the development and implementation of innovative technologies and their application to a healthy and prosperous environment. Quoting the conference release, "Through plenary talks, thematic breakout sessions, a technology expo and exhibits, participants will learn about the role of technology in environmental protection as well as the economic success of our nation in the global environment."
The conference lasted 3 days. RCC/IWS sent 6 company representatives to the conference and interacted with a varied domestic and international audience, including fellow ETV-verified technology companies. A complete list of exhibitors can be found at http://www.epa.gov/scienceforum/tech-expo.htm with RCC/IWS' participation described under Booth O-11. More information is available at www.rccholdings.com.
Additionally, the final script and film schedule has been approved for the upcoming Eye On America episode, to be completed in June, for release in late July or early August. The first day of shooting will occur on June 10th , with a final on location date of June 24th .
CEO of RCC Holdings Corp. (Pink Sheets: RCCH) (www.RCCHoldings.com) will continue to update the investment community through press releases and the company's Web Site.
Source: RCC Holdings Corporation
You did very well, IMO, good luck. I'll have to wait until Tuesday.
Thanks mc; I do understand how it works now.