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<DIV><FONT size=2>If you ever listen to/read/watch stock market news, you are
familiar with how various analysts/various pundits frequently give some very
short explanation of why the stock market moved it did on a certain day, for
example, jittery investors, profit taking, concern about industry X or Y,
concern about upcoming elections, and a whole host of quasi-technical
reasons.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>As we as in the country might say, "What a load of
bullshit!"</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>If you listen to different pundits on the same day, their
reasons for explaining stock movement are frequently quite different. When
the stock movement is tied to news by pundits, sometimes the stock market has
made its significant moves before the news articles have appeared,
etc.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>This is the problem:</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>The stock market and its daily transactions are very
complex. That should be obvious since very few are able to predict
movement either on a short term or long term basis to make a steady,
healthy profit over a period of years. Some are relatively successful
for short periods, but the last few years has seen even this number of
successful investors decrease.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>There are millions of transactions daily with tens of
thousands or more investors making trades. Decisions of whether to buy or
to sell are made on many different bases. Some trades are preprogrammed
weeks or months in advance to occur when an individual stock reaches a
certain level or there is certain movement (or lack of movement) of the stock
over a certain period. Some trade decisions are based on tax
considerations, the need for cash, hunches, seductive prospectuses,
etc.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>How can it be known with any degree of accuracy why the market
moves the way it does on any given day? Not only are there many different
reasons, but even if there could be a way of polling for the most part
most investors appear to be reticent about discussing their financial
affairs and the their corresponding underlying rational so the truth would be
exceedingly difficult to discover.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>With very few exceptions, there are many many reasons why
stocks move the way they do on any given day. It is not only extremely
suspect to reduce the complex numbers of reasons to a sentence or two, but this
strikes me as dishonest as well since most of the so-called market savvy pundits
surely know they are spouting bullshit.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>It seems to me that this is the same with the outcome of
almost any election.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>There are many issues and many voters. Most of us are
not single issue voters. Most of use are not familiar in-depth on any or
all the issues or how a candidate stands on all the issues. There is
certainly a wide range of understanding of the issues among the voters.
For some, issues are not an issue: They vote on the recommendation of
friends, relatives, neighbors, rumors, etc or on appearances, the
graphic quality of ads, etc. Voters vote the way the do for many and
assorted reasons (or unreasons).</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Fox News has an ongoing poll on whether the respondents
believe our country is going in the right direction. Generally, this poll
from this group of respondents say not. What the poll does not show is
what all these different respondents really think <STRONG>specifically</STRONG>
the right direction is. There appear to be many elements of
what constitutes the "right" direction. Not only is it doubtful that there
is agreement upon what all these different elements are, but what the relative
importance of each element is.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>In the same vein some voters are eternal, but
fickle optimists: The system is not working now, so let's try
something else -- without much consideration of the rationality or evidence
that the something else will work out better; more times than not, it doesn't
have appeared to have done so. So the fickle optimists change their minds
again at some point. [Sidebar: There may not be solutions to
problems that will ever please enough of the electorate with all their different
values to slow this cycle.]</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Since there are so many different issues and weights of
importance of these issues, it appears highly probable that no one knows exactly
why each voter voted the way they did. People's opinions on various issues
are in constant flux. It is same folly to ascribe monolithic reasons why any
electorate as a whole voted the way they did as it is to reduce the
explanation of stock market movement to a few claims. It is like saying
the Dow gained 100 points because USS Steel announced a third quarter
profit. Most investors were probably unaware of this when they made trade
decisions, let alone greatly influenced by this.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>So when anyone says the vote for a particular candidate shows
that the people (or at least small majority of those voting) want X, where X
might mean anything very specific: this claim is very highly
improbable.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Hence when the claim is made that by voting for Otter,
the people have endorsed all his polices/positions, and especially the IDT and
its policies and actions, this old country boy finds such a claim highly
improbable (bullshit). </FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Especially, since the IDT has been the least popular, most
criticized state agency both statewide and locally, for all of the years
I've lived in Idaho, and especially in recent years where they lost bulldozers
in Coeur d'Alene Lake, where a large part of the north side of recently
constructed downgrade on the north side of Mica Hill collapsed in a landslide
and had to be reconstructed, where they flooded tons and tons of sediment into
Coeur d'Alene lake, where locally the seal coating they do doesn't even last a
year in places, etc.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Hence, voting for Otter is very highly unlikely to
have been an endorsement of the megaloads and the operation of the
IDT. </FONT></DIV><FONT size=2>
<DIV><BR>Wayne A. Fox<BR>1009 Karen Lane<BR>PO Box 9421<BR>Moscow, ID
83843</DIV>
<DIV> </DIV>
<DIV><A href="mailto:waf@moscow.com">waf@moscow.com</A><BR>208
882-7975<BR></FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; PADDING-LEFT: 5px; PADDING-RIGHT: 0px; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="FONT: 10pt arial; BACKGROUND: #e4e4e4; font-color: black"><B>From:</B>
<A title=bear@moscow.com href="mailto:bear@moscow.com">Wayne Price</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=MoscowSam@charter.net
href="mailto:MoscowSam@charter.net">Sam Scripter</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Cc:</B> <A title=vision2020@moscow.com
href="mailto:vision2020@moscow.com">Vision 2020</A> ; <A
title=Katie.Brodie@gov.idaho.gov
href="mailto:Katie.Brodie@gov.idaho.gov">Katie.Brodie@gov.idaho.gov</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, November 08, 2010 1:42
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [Vision2020] Mega-Load
Update</DIV>
<DIV><BR></DIV>And while we're on the subject, I read the editorial in todays
DNews, and wonder just what the purpose was of the title, "Idaho, IDT didn't
get the Message". Based on the election results, Idaho and IDT DID get
the message.
<DIV>The message that the voters sent to IDT, and IDT's ultimate "Boss",
the Governor, is that they are happy with the operations of state government,
including the IDT. If they weren't, then the incumbent government, including
the Governor, would have been show the door, and a new government would be
taking its place in January. It wasn't and the people of the state of Idaho
have spoken.</DIV>
<DIV><BR></DIV>
<DIV>Now, what I am wondering is, should it be the function of the IDT to pick
and choose which loads will or will not be hauled on Idaho roads depending on
who is shipping them, or is it IDT's responsibility to ensure that loads, even
mega-loads, are shipped safely? The roads are, and have been built
for commerce. Some of that commerce is over length, over wide and over long.
There is a process to ensure that these particular loads are hauled safely,
the only mandate that IDT has. Do we really want IDT deciding who are good
shippers and who are bad shippers depending on what the company produces? For
instance, IF they were loads to build a new hospital in Alberta, same length,
width and weight as the Exxon-Mobil loads, should that have any bearing on
IDT's decision? What I see are people that are unhappy because of the
dirty three letter word, "OIL" is involved. Those who don't want the loads
shipped safely, they flat want them stopped! Well, what about stopping
the actual shipment of oil on the roadway? Should the end use of the
item being shipped have any bearing on IDT's decisions? For instance, oil
processing equipment is bad, but oil itself is good?</DIV>
<DIV><BR></DIV>
<DIV>Where were the "Stop the shipments" folks back in October when a real
spill of some 7,500 gallons of diesel fuel was actually spilt along Highway
12? The load that DID spill oil was not even required to have any
special considerations or permits. Why no uproar about that? From
what I understand about the so called "mega-loads" is that they are some of
the safest and most well documented and observed loads that have ever been
shipped in Idaho commerce exclusive of the atomic loads moving into INEL!
And the permits are issued per load, not in batches of 200+. Should
there be a formal hearing or adjudication for every dangerous /hazardous load
that is put on Idaho's roads? Are people willing to pay for the extra cost
that it would put on both the state agencies and the haulers, which would
eventually be passed to the taxpayers and end users of the products?</DIV>
<DIV><BR></DIV>
<DIV>And as far as Highway 12 being turned into a "mega-load" highway, it
already is. It is part of the US highway system that was created for
commerce with tax dollars. It's subsequent designation as a "scenic
highway" in no way diminishes it's primary purpose, commerce. Does the
designation as a "scenic highway" somehow take away the purpose for
which it was built in the first place? If it does, I would caution state
authorities across the nation to be very careful before they allow any other
highway to be so designated and loose its original designation and purpose, a
highway built for commerce.</DIV>
<DIV><BR></DIV>
<DIV><BR></DIV>
<DIV>Wayne M. Price</DIV>
<DIV><BR></DIV>
<DIV><BR>
<DIV><BR></DIV>
<DIV><BR></DIV>
<DIV><BR></DIV>
<DIV><BR>
<DIV>
<DIV>On Nov 8, 2010, at 1:06 PM, Sam Scripter wrote:</DIV><BR
class=Apple-interchange-newline>
<BLOCKQUOTE type="cite">
<DIV text="#000000" bgcolor="#ffffff"><FONT face="Comic Sans MS">I guess I
am "dense"<BR><BR>What does
<BR><BR></FONT> ". . . a
full contested case hearing . . ." <BR><BR><FONT
face="Comic Sans MS">accomplish except to delay the inevitable, <BR>which so
many in power positions seem <BR>hell-bent to do?<BR><BR>Sam I am in Moscow
. . .</FONT><BR><BR><A class=moz-txt-link-abbreviated
href="mailto:nickgier@roadrunner.com">nickgier@roadrunner.com</A> wrote:
<BLOCKQUOTE cite=mid:20101108185607.WSEHS.97870.root@cdptpa-web03-z01
type="cite"><PRE wrap="">>From the brave folks at FightingGoliath.org. By the way these people received a message from an Israeli who is fighting the government on the very spot where David is supposed to have killed Goliath with his trusty sling shot. He wishes us well.
Good morning,
We have two developments to report:
1. There are a lot of vehicles and a lot of activity at the port this morning.
2. Our Advocates for the West lawyers have spoken twice with an ITD lawyer, who assures that there "will be no surprises" and "ITD plans to hold a full contested case hearing" to which we "are a party."
Our assumptions:
Our lawyers can only assume that ITD's lawyer, functioning under ethical standards, is telling the truth.
Both the information regarding increased activity at the port around the ConocoPhillips' shipments and the other reliable information we've received are also true.
Our guesses:
Something not fully open to us is going on between ConocoPhillips and ITD. CP, for example, could be posturing. Perhaps we could guess that some sort of brinksmanship match is being played. Toward what outcome, we aren't sure.
Our plans:
Our lawyers are ready to very quickly go into court today, tomorrow, whenever needed, to force ITD to hold a hearing prior to any movement of shipments.
At the same time, our monitoring plan is in place. If you're on our team list, we will call you, but we think we won't be monitoring tonight or tomorrow night.
We will keep you updated.
Borg
The Rural People of Highway 12
<A class=moz-txt-link-abbreviated href="http://www.FightingGoliath.org">www.FightingGoliath.org</A>
THE MEGA-COUNT & the mega-question:
4 = ConocoPhillips
207 = Imperial Oil/ExxonMobil
63 = Harvest Energy/Operations
274 = CURRENT POTENTIAL TOTAL
How many more will approach ITD & MDT by spring?
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