Thursday, April 9, 2009

CM PRESS # 660

BLOOMBERG SAYS NY HAS TO CUT 7,000 JOBS
City employees are costing city too much.
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CITY COUNCIL TO GET SERIOUS ABOUT BUDGET SHORTFALL?

The CM PRESS has been hearing a buzz from citizens who are unhappy about the perceived lack of action on the part of the Costa Mesa City Council in dealing with the $14 million dollar plus shortfall in revenues coming to the City this year.

Perhaps various Councilmembers have also heard the buzz, because instead of having their regularly scheduled study session, next Tuesday, the Council is going to have a special full City Council meeting. The CM PRESS will try to be there.

The major difference between a study session and a City Council meeting is that at the former, the Council can't take any action. They can only talk. At a City Council meeting, by contrast, the Council can exercise all the considerable power and authority they have in running this city. Thus, the only logical reason for the Council to make next Tuesday's meeting a City Council meeting is because they apparently want to take action of some type.

Will the Council start sending out pink slips? Will it demand more department savings? It appears that the Council will have to do something.

Local financial wiz Judi Berry displayed a large chart at Tuesday's City Council meeting that shows we're quickly running out of money.
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NEW RELIGION IN TOWN
Headless animals found in Newport.
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OBAMA GETS READY TO SCREW AMERICAN WORKERS
Wants to give citizenship to 12 million illegal aliens.
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HE WASN'T BOWING, ER, HE WAS SHAKING HIS FAT BABY HUEY BUTT AT THE CAMERA



















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SELL YOUR GOLD? THINK TWICE, SELL ONCE.

At Tuesday's City Council meeting, Kathleen Eric, a local artist and activist, cautioned senior citizens to think it over a little when faced with various offers to buy their gold such as at a so-called Gold Party that is to be held at the Senior Center on April 27.

Ms. Eric pointed out that when you sell gold, you're usually selling it based exclusively on the weight of the gold--as though it were melted down into a lump--and you're not receiving the value of whatever the gold has been made into.

By way of example, she said that if you sell an expensive watch with a gold case, you may get a few hundred dollars at most for the weight of the gold, but nothing for the watch, as a watch, and possibly as a valuable collectible. She also pointed out that some watches might fetch $50,000 if sold to watch collectors rather than for the weight of the gold. The same principle applies to jewelry with various gemstones and other features.

Ms. Eric was also curious why the name of the investor who will buy gold at the Senior Center was not mentioned.

Ms. Eric's advice to seniors was not to avoid selling their gold items, but, rather, to have some idea of what their gold items are really worth as collectibles before selling them for the weight of the gold alone. If they're worth nothing as collectibles, then their value is in the weight of the gold.



Here's what appears in The Chronicle, the magazine of the Senior Center. LINK

EXECUTIVE MESSAGE

A Golden Opportunity to Help

Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a hedge or safe haven against any economic, political, social or currency-based crises.

These crises include investment market declines, inflation, war and social unrest.In today's economy it is difficult to raise funds for any organization, but we have come across an investor wishing to buy gold from our members and by so doing, will help us raise funds for the Center. If you have old gold jewelry such as necklaces, bracelets, earrings, rings etc, please bring it to the Center.

Our investor is a well known local jeweler who will give you immediate cash for your gold and donate 20% of the above to our Senior Center. (emphasis added--so, what's the investor's name?)

He does not want diamonds or any other valuable stones, just gold that you would like to sell.
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Those are our opinions. Thanks for reading them.

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CM PRESS # 949

THE DAILY STORMER Free speech site still up. #                                                                     #                     ...