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Last month the Bush administration handed a multinational mining company 155 acres of federally owned, prime mountaintop real estate near a Colorado ski resort. The price? Just $5 an acre (a total of $875), in an area where 1/10 of an acre fetches as much as $100,000.
The sweetheart giveaway sailed through under a 132-year-old federal law that allows mining companies to purchase unrestricted patents on public land, and then use the land for their own profit -- by mining it for silver, gold or other minerals or even by developing it into luxury condominiums and getaway homes.
The 1872 Mining Law, which has never been updated to reflect 21st century real estate values, has enabled mining companies to extract more than $245 billion in metals and minerals from public lands without paying a single subsidy to taxpayers since the statute went into effect 132 years ago. It currently applies to more than 270 million acres of public lands in the U.S., or "2/3 of the land the federal government holds in trust for all
Americans."
...a 132-year-old federal law...
The Mount Emmons patent applications were filed in 1992 by Amax, Inc. In 1994, Congress imposed a moratorium on mining patents, but grandfathered some existing applications, including those at Mount Emmons. Phelps Dodge Corp. assumed ownership of the applications in 1999 upon its merger with Cyprus Amax Minerals Co.
Originally posted by Satyr
That's not the point. I have no idea how many of these old laws are in effect. To consciously exploit them is wrong. He should be ashamed. Besides, that whole, "You have the power to change the gov't" thing is a lie.
[Edited on 5-5-2004 by Satyr]
Originally posted by titian
You are right too -- the power is a lie if noone acts on it to effect change.
as quoted by Satyr
I don't blame the president. I blame the entire corrupt POS gov't system....
Yep, that's right...eight hundred seventy five. Nice to know that Dubya is taking care of us, isn't it?
Originally posted by Seekerof
as quoted by Satyr
I don't blame the president. I blame the entire corrupt POS gov't system....
Your contradicting yourself Saytr....because in fact, you do blame Bush...hence this thread and hence the tone of your initial comments:
The point still remains, if your not making an attempt to change our current aged and outdated laws by whatever means are available to you to do so, then IMHO, there is no need to bemoan them and who utilizes them to their or anothers benefit.
Not mean to flame you Satyr, so please don't take it that way.
Originally posted by Seekerof
Seems to me, IMHO, that besides the continued bashing of Bush, that you as an American citizen, with the right to vote and the ability to write letters to your state Congressmen and Senators need to address those who have the power to change
...a 132-year-old federal law...
Well this law has been addressed by congress many many times. Enviromentalists and congressmen and many others have been fighting it for years. Just search for anti 1872 mining law and see how many sites pop up.
I agree that it is a shame to even use such a law. It is obviously to me just a ploy to bloster support for the bush campaign. Go after the guys with the money is his way. What better way to get them on your side than a giveaway like this.
Heres one website where you can mail an empty bottle of water to your congressman of choice with the lable water is more precious than gold. Many such sites exist.
Heres links to write or email your congressman and representitives also. I urge everyone to do so if you think this law is a sham like I do
Heres a few cons of the law also.
And if you have a politically centered post
with an issue like this, include these web address so others on this site will have a voice instead of arguing pointlessly.
www.house.gov...
www.nwyc.com...
www.purewater.org...
Public land is sold to mining companies for less than $5 per acre.
Agencies are forced to permit mines despite the worst ecological consequences.
No provisions are made for reclamation or cleanup.
Hard rock mining has been exempted from many laws protecting the environment.
No royalties are paid to taxpayers for minerals mined from public lands
[Edited on 8-5-2004 by Hoppinmad1]
[Edited on 8-5-2004 by Hoppinmad1]
Originally posted by FreeMason
I don't see anything wrong with this, it is hard enough to make a profit mining the last thing that needs to be done is to tax mining companies to death with land purchases and taxes and so forth.
Small family owned and opperated mines (the ones like my Grandpa and Dad owned) have already been ran out of the business by the burdensome prices paid to the federal government for claim patenting and mineral rights.
This is just another example of typical people who know nothing of current economic situations.
Goingrinder is either in a rare area with high grade ores or is a dreamer who has never had any experience in the type of mining he is talking about.