Hafnium

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Monday, August 29, 2011

Texas: Rick Perry Sought State Profits From Teacher Life Insurance Scheme


"Perry was promising the state big money in exchange for helping Swiss banking giant UBS set up a business of teacher death speculation." [note that UBS was also involved in analyzing Railroad Revenue from Mexico Pacific port Lazaro Cardenas... ]

http://www.huffingtonpost.com/2011/08/25/rick-perry-texas-life-insurance-scheme_n_935666.html 

"Rick Perry Sought State Profits From Teacher Life Insurance Scheme

WASHINGTON -- Two weeks before Thanksgiving in 2003...According to the notes, which were authenticated by a meeting participant,....Perry was promising the state big money in exchange for helping Swiss banking giant UBS  set up a business of teacher death speculation....When the retirees died, those policies would pay out benefits to Wall Street speculators, and the state, supposedly, would get paid for arranging the bets. The families of the deceased former teachers would get nothing...."

See also[search for "UBS" in blog search engine and/or search for railroad] [note, there is an Asarco Swiss Bank associated with Asarco Inc. and Asarco SA]

"*  Analysts at UBS project KCSM revenue from Lazaro Cardenas [Pacific port in Mexico] rail traffic will soar from some $30 million in 2007 to almost $100 million by 2015, and $255 million by 2025;

*  In terms of lifts, UBS projects an almost two-million 20-foot equivalent container throughput by 2025, compared with some nine million currently at Long Beach/Los Angeles, 1.8 million at Seattle, and some 1.5 million at Oakland. The U.S. West Coast ports, meanwhile, already are operating at near capacity with little room for expansion;"

"Wal-Mart, whose second biggest market is Mexico, has it’s eyes on Lazara Cardenas as a crucial North American port of entry."

[in 2005 Asarco sold several hundred acres of land next to its El Paso Asarco TX smelter site to WAL-MART, who had just been fined million dollars for failure to handle storm runoff on its properties nationwide.  Now that site and the Asarco industrial-smelter-land-itself has been rezoned "smartcode" (i.e."walkable") and a New Mexico Developer who has a long record internationally-of-developing-with-Wal-Mart is converting some of that acreage to rapid bus transit, businesses, a Wal-Mart, senior citizen housing etc -- all the while completely ignoring the EPA-DOJ Asarco confidential-for-settlement-purposes-only 1998 73 page document stating that Asarco ran an unpermitted illegal and secret multi-state hazardous-waste disposal operation for profit from at least 1992-1998.  That land would still be contaminated with those still undisclosed chemicals.   Grupo Mexico (owns Ferromex and Asarco) wants to run a rail line from the Pacific coast of Mexico up along the northern edge of Mexico, to enter the USA at the Santa Teresa Port of Entry, just under ten miles from the El Paso Asarco site.]

http://epgtlo.blogspot.com/2009/04/grupo-mexicos-ferromex-bidding-on-45-yr.html

Thursday, August 25, 2011

Asarco Amarillo "consumption is picking up and will continue to outpace production [i.e. refining] for five years...."

Google Alert
"Research and Markets: United States Metals Report Q3 2011 - A Recovery Is ...
Business Wire (press release)
Output is also undermined by ongoing problems at the 450000 tonnes per annum (tpa) Asarco refinery in Amarillo, TX, one of the country's largest copper refiners. Consumption is picking up and will continue to outpace production over the next five years ...
"
"
Despite growth in demand, US copper refining/smelting was at its lowest level in 20 years by Q111 as the industry continued to deal with cutbacks imposed in 2008. High copper and by-product prices favoured the restart of concentrate production at the expense of refined copper. Output is also undermined by ongoing problems at the 450,000 tonnes per annum (tpa) Asarco refinery in Amarillo, TX, one of the country's largest copper refiners. Consumption is picking up and will continue to outpace production over the next five years, leading to net imports of well over 1mn tonnes by 2015."


Asarco Amarillo received product from the Asarco site(s) that disposed of nearly ten years of illegal hazardous wastes for profit.