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Top Fishing Tips - Get Expert Fishing Tips Here Jacob Montgomery fishes with his dog at a camp near Iron Gate Dam on the Klamath River. PHOTO BY TESS TOWNSEND It is assumed that fishing is not as easy as dipping a hook in the water and taking out a fish. I have been told that it is an exercise in patience and that you will often go home empty-handed. But those ideas do not describe my experience on a recent camping trip near the Oregon border. There, in a reservoir on the Klamath River, yellow perch, a species that is not native to California, thrives artificially in the water even by the Iron Gate Dam. And the fish are very anxious to break with the silicone lures at the ends of the fishing line. The trip is an annual pilgrimage made by my partner and his friends, a group of outdoor activities, many of them research biologists. Teejay O & # 39; Rear, the ram of 40 and something that started the tradition, said he collects a large part of the fish he will eat at home next year when he goes. (He could not do it this year). Try only to eat meat that he has hunted himself. Others on the trip follow a similar rule throughout the year. "Probably by proxy, many of my vacations are sustainable," says O'Rear. That's partly because of their lifestyle in general, and partly because their idea of a vacation is "getting rid of the greatest possible civilization." During what some experts call not only climate change but a climate crisis, there is something very attractive about vacationing in a way that does not feed the projections of the day of the final judgment. Since last summer, the United Nations published a report that says one million species of plants and animals are currently at risk of extinction and another says that humans must drastically reduce greenhouse gas emissions in the next decade to avoid the worst projections of global warming. The trip to Iron Gate was presumably as green as a vacation one could take. We slept in tents, we left the showers, we fished a source of sustainable food and we did it all a few hours in a shared car from home. Compared to flying to a hotel or resort with electricity and running water, we spent this long weekend of camping consuming a fraction of the energy and resources. But I had the annoying feeling that it would be irresponsible to keep the trip as an ecological model. To begin with, to make a measurable difference in its impact on the environment, you have to make sustainable decisions throughout the year, not just during vacations. This is not the norm in an economy that rewards bad choices for the planet by making them faster, more accessible, and often cheaper. In addition to that, industry practices and public policies also determine how human beings impact the environment. Many parts of the trip reflected the eco-unfriendly system in which we live. We store our fish fillets in plastic bags, a product derived from petroleum. We brought food packed in plastic. We use plastic refrigerators. We cook with portable kerosene stoves. Some of us knock down lead fishing lines. We drove to the camp in fossil fuel cars. And we camped in a man-made reservoir that dramatically altered the ecosystem of its natural state, making the entire trip possible. An artificial environment A common sight in our tent camp was that campers filleted dead fish, a process that left the wooden picnic table full of fish guts while a container of corpses was constantly being filled in each session. What made that image so frequent was the abundance of yellow perch, a fish native to the Northeast and the Midwest that has thrived in the artificial reservoir. The Iron Gate Dam interrupts the flow of the Klamath River, creating a 944-acre reservoir that is "lake-like" and warmer than if the river were allowed to flow unimpeded, says fishing biologist Peter Moyle, a distinguished professor emeritus at UC Davis. How exactly the yellow perch that entered the Klamath river is not clear. Moyle said the now defunct US Fish Commission. UU Introduced the fish in the Central Valley near the 20th century. "He disappeared from the Central Valley and then mysteriously appeared at Copco Reservoir," he said north of the Iron Gate in Klamath in 1946. This would have happened after the predecessor of the utility company PacifiCorp began building dams on the river in 1903, but before it completed Iron Gate in 1962. PacifiCorp owns seven dams in Klamath, which according to the company's website they provide "enough energy to supply the energy". needs of approximately 70,000 homes. " That's about 15 percent of all the hydropower produced by the company, according to spokesman Bob Gravely. PacifiCorp also generates energy from coal, natural gas and wind. Dams are often controversial. On the one hand, reservoirs help to irrigate the land and store water for human needs. Hydroelectric dams produce a source of renewable energy when the reduction of greenhouse gas emissions is essential. However, dams damage fluvial ecosystems and the aging of infrastructure poses a risk of flooding. The dams on the Klamath River interrupt the migration of the native Coho and Chinook salmon. The Coho are classified as threatened under the federal endangered species law on the Klamath River in California, and there is a petition to list Chinook administered in the spring as threatened or endangered in a part of the river. The relatively calm and warm water in the reservoir makes the river more prone to toxic algae that, according to Moyle, can kill small fish, as well as the invertebrates that fish eat. "The dams are ruining the river and basically they are making the river sick. And because the river is sick, everything that depends on the river is also sick, "says Amy Cordalis, general counsel for the Yurok tribe. The lower Klamath traverses the Yurok reservation and is intricately woven into the history and culture of the tribe. However, Cordalis says that when toxic algae occur, no one can touch the river. That means there's no swimming for humans or pets, no fishing. The type of toxic algae that grows in Klamath is known to kill dogs. Brian Williamson tools the yellow perch at a campsite next to the Iron Gate Dam on the Klamath River. PHOTO BY TESS TOWNSEND The removal of four dams in Klamath, including the Iron Gate, is planned in 2021, after a great effort on the part of the Yurok and Karuk tribes, non-profit environmental organizations and government agencies, and the cooperation of PacifiCorp. Plans for disposal still require federal approval, and the Board of Supervisors in Siskiyou County, where three of the four dams are located, opposes the elimination. In letters to the California Water Resources Control Board, the county says the removal could have a negative impact on the environment and cause flooding, "in addition to the socio-economic impacts on the local community." The panorama Compared to the typical options of supermarkets (food produced with intensive energy and often transported over long distances), yellow perch is more sustainable. "In fact, it's great to harvest them," and makes little difference to the general population of yellow perch in the reservoir, says Moyle. O & # 39; Rear says that when it goes to the Iron Gate, it usually returns between 150 and 200 fish. "That's at least six months of dinner meat," he says. But Moyle also says: "You're only taking advantage of an unnatural situation." Fish can only thrive in Iron Gate because a dam creates an artificially favorable environment. Remove the prey and the yellow perch will disappear from the Iron Gate deposit, although they will still remain in other parts of the river. Camping is best with happy dogs that enjoy playing with the bark of the surrounding trees. PHOTO BY TESS TOWNSEND However, the elimination of the dams will not yet result in a perfect restoration of the original environment. The Klamath River will still heat up due to climate change, although the increase will be smaller and slower than if the dams remain in place, according to a 2011 report by the United States Geological Survey. This paradox of yellow perch as a sustainable food source that depends on a damaged natural ecosystem reflects how any individual choice made with sustainability in mind is still balanced on a highly engineered extractive system. A clearer example is choosing between different transport options when traveling. "We're choosing between carbon-intensive options because that's what we have," says Lisa Aultman-Hall, an engineering professor at the University of Vermont who studies long-distance travel. An "average" car with five passengers is more energy efficient than a Boeing 737 with approximately 160 passengers, and a full bus or train is more efficient than both, she says. But you continue to contribute to greenhouse gas emissions. Electric vehicles are generally better for the environment, but even so, how much better depends on where the electricity comes from. "I think it is up to the policymakers to create a system and create a price structure for that system so that we, as individuals, collectively make better choices," says Aultman-Hall. While the search for a sustainable lifestyle is worthwhile, isolated individual actions will not determine the future of fossil fuel consumption and other activities that affect the planet. What will determine that the future is policies and regulations and collective action, similar to the collective action that is leading to the elimination of the planned dam for the Klamath. On the last morning of the camping trip, my partner and I took out their canoe in the reservoir to fish. Our boat floated on the still water towards a small cove. I submerged a luminescent white lure in a group of seaweeds, quickly catching fish after fish. Later I told Moyle how surprised I had been for how easy it was to hook the yellow perch. According to historical records, he said, it was once so easy to catch native salmon. Source:
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The Dow Theory | Schannep Timing Indicators PRINT Overview: The Dictionary defines it as "A state of great joy and satisfaction". If the market were to get to 29,316.56 I think that would describe how we all would feel. Is it possible? Before going any further I need to remind you that one of the theorems of the Dow Theory is that "there is no known method of forecasting the extent or duration of a primary movement", to which I add "and yet we all try". That aside, you'll remember that in my last Letter I wrote "The implied gain for the average of the six Indicators was over 30,000 for the Dow Industrials by around this year-end or early next year." So where does 29,316.56 come from? In my November 29th, 2013 Letter I wrote about the book "Techniques of a Professional Commodity Chart Analyst" wherein the author, Arthur Sklarew, wrote in 1980 about the "Rule of Seven". He openly stated "There appears to be no rhyme nor reason to the Rule of Seven, but it is often surprisingly accurate in its predictions". So we tried it out in my December 31st, 2013 Letter and it worked beautifully after the last bear market bottom in 2011. Let me show you what the situation is now on May 1st, 2019. The first leg up from the most recent Bear market bottom on Christmas Eve, when we got the capitulation BUY signal that I relayed to you that day by email, was at the 21,792.20 level on the Dow Industrials. The run-up to the start of the first pullback on February 25th of this year was to 26,091.95 for a gain of 4,299.75 points. The Rule of Seven multiplies those points by seven and then divides it by four (7/4) giving an answer of 7,524.56 points, which are then added to the starting point of 21,792.20 = 29,316.76. Newer Subscribers, and old for that matter, will find more information on how the Rule of Seven works, and has worked in the past, in my Special Report. The market's run-up this year has changed the outlook, not only from Bear to Bull on the stock market, but also on sentiment. A number of indicators, such as this Weekly Leading Indicator from Economic Cycle Research Institute (ECRI) are trending from down to up: And even the "talk of the town" inverted yield curve has "uninverted" as shown below: The first quarter Gross Domestic Product Advance Estimate of 3.2% was a pleasant surprise for most forecasters. In recent years, the first quarter has been the weakest of the year, and while it likely will be revised downward somewhat it looks like it and the second quarter estimates will be in the 2-3% range, a solid backdrop for a continually rising stock market. Housing starts had been a drag on the economy, but the recent housing market index showed confidence bouncing back up to a six-month high, so maybe those starts will improve going forward. And Consumer Confidence seems to be bouncing back as you can see from this chart. In addition, retail sales look to be coming back as well. The DOW THEORY for the 21st Century: This Indicator is GREEN from the 75% BUY at 26,026.32 on March 1st when the definition of a Bull market was met and the 25% BUY at the time of the Capitulation on December 24th, 2018 at 21,792.20, with an average entry level of 24,997.90. The Original Dow Theory: This Indicator is GREEN (BUY) as of April 1st at 26,258.42 when both the Dow Industrials and the Dow Transports closed above their February secondary reaction highs. Unfortunately, another well-known Dow Theory newsletter still awaits all-time highs above 26,828.39 on the Industrials and 11,570.84 for the Transports to proclaim the Buy. Yet another Dow Theory interpretation somehow picked April 3rd as the day of the "signal". It is this kind of misinterpretation of the Dow Theory that gives it a bum rap. Therefore, I continue to update the old/original Dow's Theory in this Letter with my interpretation, which I feel is the correct reading of the Theory, to keep the record straight for those interested. Even though the old/original Theory's last several BUY and SELL signals have been losing propositions, none-the-less the long-term record has been good, and Charles Dow's Theory deserves more credit than it gets. If you want to better understand the Dow Theory for the 21st Century and why I developed it as an improvement to the old/original Dow Theory, then I suggest you take a look at the webinar I did for the Market Technicians Association. It is archived on their website but also available here under "Resources" on this website. I think you'll find it interesting. Sincerely, Jack Schannep ↑TIMING ↓INDICATOR: This proprietary market-timing Indicator is GREEN (BUY) at an average entry level of 23,841.76 from the 50% capitulation BUY at 21,792.20 on December 24th, 2018 and the final 50% BUY when this Indicator got its signal on February 19th at 25,891.32. This Indicator is based on the market's momentum and the status of monetary conditions, both of which are judged to be favorable at this time with no change in sight. The COMPOSITE Timing Indicator: This, our primary major-trend timing Indicator, is GREEN (BUY) at an average entry level of 23,841.76 from the 50% capitulation BUY at 21,792.20 on December 24th, 2018 and the final 50% BUY when the Schannep Timing Indicator got its signal on February 19th. This Indicator is the one I use in my model (real money) portfolio and recommend most Subscribers use it also. It is 100% invested as shown at the end of this Letter. The BOTTOM LINE: Sklarew also wrote that "Rule-of-Seven measurements, like all other technical indicators, should be confirmed by one or more other technical indicators." We know that the historical average "target" of the six Indicators used in this Newsletter was over 30,000, so we have that as confirmation that the target of 29,316.56 is possible. But here's another way to come up with a similar target. We have used "measured moves" numerous time in the past in these Letters, the most recent in our March 1st, 2017 Letter. In that case we were looking for another 1,000 points to 21,818 and got it by the end of July. This time we are looking for another confirmation of a target around 29,316.56, and as you can see from the following chart, we have such a target. By measuring the move from December 24th, 2018 to February 25th we then add those 4,299.75 points to the setback on March 8th and get the next measured move going to 29,749.99. Bingo! Using the percentage gain of 19.7% yields an even higher "target" of 30,474.05. Bear in mind the numbers are not precise down to the decimal, that would be too much to ask, but the range is what is important, and either "target" attained would be like Seventh Heaven – agreed? Jack Schannep Editor for The Schannep team Historically we have tracked the performance of one of my ACTUAL ROTH IRA portfolios, fully following the Composite Timing Indicator's signals which is currently 100% invested (as shown below). For longer-term results see The Composite Timing Indicator which we use for timing in our Portfolio verses Buy and Hold. FYI, over the last 65 years Buy & Hold has grown at a 10.6% annual rate whereas The Composite has grown at a 13.3% rate. The problem with showing this real-money Portfolio is that it represents only what I am doing, which could be very different from others. Subscribers use this letter for Market Timing, which could include shorting, going long, even utilizing leveraged investments that could double or triple – in either direction. These results have been monitored by several independent sources that track our performance such as Hulbert Financial Digest, DowTheoryInvestments.com, CXO Advisory Group and TimerTrac.com. This Letter concentrates on the big picture, the trend of the major stock market indices which usually influences the price direction of most individual stocks. The Dow Theory is a form of technical analysis that relies on detecting trends in the stock market to determine an investment strategy. The detection of these trends may be interpreted differently by different analysts and the opinions expressed on this website may not be shared by other individuals who apply the same principles of The Dow Theory. Past performance is not an indication of future returns. It should not be assumed that any recommendations made will be profitable or without the risk of loss or will equal the performance of the benchmark portfolio. All investments involve the risk of potential investment losses as well as the potential for investment gains. The performance of any portfolio or investment strategy should be viewed in the context of the broad market and prevailing economic conditions.
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Toll Regulatory Board - Toll Regulatory Board AUTHORIZING THE ESTABLISHMENT OF TOLL FACILITIES ON PUBLIC IMPROVEMENTS, CREATING A BOARD FOR THE REGULATION THEREOF AND FOR OTHER PURPOSES WHEREAS, the huge financial requirements of the Government''s development programs have made it necessary to seek out alternative sources of financing to ensure the prosecution of certain desirable infrastructure projects that complement the over-all national development effort; WHEREAS, the potential resources of the private sector could be tapped to the maximum benefit by the government dispensing to a great extent the availment of additional domestic and foreign borrowings as well as the utilization of government guarantee or security; and WHEREAS, in order to attract private sector investment in the government''s infrastructure projects, the collection of toll fees for the use of certain public improvements, that would allow a reasonable rate of return on investments, should be authorized; Provided that, the collection of toll fees and operation of toll facilities by the private sector should be closely supervised and regulated in the public interest; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree: Section 1. This shall be known as "Toll Operation Decree". Section 2. Toll Regulatory Board. There is hereby created the Toll Regulatory Board hereinafter referred to as the "Board" to be composed of the Deputy Director-General for Program and Projects of the National Economic and Development Authority as Chairman, the Undersecretary of Public Highways and the Undersecretary of Finance as Members. Section 3. Powers and Duties of the Board. The Board shall have in addition to its general powers of administration the following powers and duties: (a) Subject to the approval of the President of the Philippines, to enter into contracts in behalf of the Republic of the Philippines with persons, natural or juridical, for the construction, operation and maintenance of toll facilities such as but not limited to national highways, roads, bridges, and public thoroughfares. Said contract shall be open to citizens of the Philippines and/or to corporations or associations qualified under the Constitution and authorized by law to engage in toll operations; (b) Determine and decide the kind, type and nature of public improvement that will be constructed and/or operated as toll facilities; (c) Condemn private property for public use subject to the provisions of existing law; (d) Issue, modify and promulgate from time to time the rates of toll that will be charged the direct users of toll facilities and upon notice and hearing, to approve or disapprove petitions for the increase thereof. Decisions of the Board on petitions for the increase of toll rate shall be appealable to the Office of the President within ten (10) days from the promulgation thereof. Such appeal shall not suspend the imposition of the new rates, provided however, that pending the resolution of the appeal, the petitioner for increased rates in such case shall deposit in a trust fund such amounts as may be necessary to reimburse toll payers affected in case a reversal of the decision. (e) To grant authority to operate a toll facility and to issue therefore the necessary "Toll Operation Certificate" subject to such conditions as shall be imposed by the Board including inter alia the following: (1) That the Operator shall desist from collecting toll upon the expiration of the Toll Operation Certificate. (2) That the entire facility operated as a toll system including all operation and maintenance equipment directly related thereto shall be turned over to the government immediately upon the expiration of the Toll Operation Certificate. (3) That the toll operator shall not lease, transfer, grant the usufruct of, sell or assign the rights or privileges acquired under the Toll Operation Certificate to any person, firm, company, corporation or other commercial or legal entity, nor merge with any other company or corporation organized for the same purpose, without the prior approval of the President of the Philippines. In the event of any valid transfer of the Toll Operation Certificate, the Transferee shall be subject to all the conditions, terms, restrictions and limitations of this Decree as fully and completely and to the same extent as if the Toll Operation Certificate has been granted to the same person, firm, company, corporation or other commercial or legal entity. (4) That in time of war, rebellion, public peril, emergency, calamity, disaster or disturbance of peace and order, the President of the Philippines may cause the total or partial closing of the toll facility or order to take over thereof by the Government without prejudice to the payment of just compensation. (5) That no guarantee, Certificate of Indebtedness, collateral, securities, or bonds shall be issued by any government agency or government-owned or controlled corporation on any financing program of the toll operator in connection with his undertaking under the Toll Operation Certificate. (6) The Toll Operation Certificate may be amended, modified or revoked whenever the public interest so requires. (a) The Board shall promulgate rules and regulations governing the procedures for the grant of Toll Certificates. The rights and privileges of a grantee under a Toll Operation Certificate shall be defined by the Board. (b) To issue rules and regulations to carry out the purposes of this Decree. Section 4. Technical Staff. The Board is hereby authorized to create a Technical Staff including administrative or support staff as may be necessary to assist the Board in the fulfillment of its responsibilities and functions under this Decree. The Board is hereby authorized to grant honoraria, allowances or overtime pay in such amount as it may fix, any provision of law, rules or regulations to the contrary notwithstanding. Section 5. Publication of Toll Rates. No new rates shall be collected unless published in a newspaper of general publication at least once a week for three consecutive weeks. Section 6. Exemption. Government vehicles on official business shall be exempted from the payment of toll fees under such procedures and circumstances as will be promulgated by the Board. Section 7. Appropriation, Operational Expenses. The sum of THREE HUNDRED THOUSAND PESOS (P300,000.00) shall be set aside each year for the first three years from such fees or other obligations due from toll operators of existing toll facilities to defray operational expenses of the Board. Thereafter, such sums as may be necessary for the operational expenses of the Board in the succeeding fiscal years shall be included in the Annual General Appropriations Decree. Section 8. Separability. All laws, decrees and orders inconsistent with the provisions of this Decree are hereby repealed and/or modified accordingly. Section 9. Effectivity. This Decree shall take effect immediately. Done in the City of Manila, this 31st day of March, in the year of Our Lord, nineteen hundred and seventy-seven.