It’s a tough time for anyone within the financial sector – even for those who are thinking of retiring soon and want to fall back on their 401k. However, Tim Phillips (Oregon based businessman) is urging people who have a large portion of equity tied up in investments and their 401k to maintain calm whilst in the throes of the current economic climate. Tim Phillips, Oregon CEO of Phillips and Company has stated that it is best for those worried about potential catastrophic financial undoing to stay the course – he has likened the current economic climate to the problems faced by the Catholic Church because of a few unruly priests. The institution remains strong despite the wrong doings of a few bad eggs.

To truly believe and understand this point of view, it is worth taking note of Tim Phillips Oregon based companies portfolio. Recently, Tim Phillips Oregon based company has taken over the responsibility of getting Signature Northwest (retail grocery chain) employees interested in participating in their own 401k schemes to better suit the individual and company that employees them. Tim Phillips Oregon based company is one of the largest investment firms in Oregon and has over 8,000 clients nationwide – so when he makes a statement regarding the volatility of the current economic climate but reassures the listener that all is not lost, the advice is worth taking into account. Tim Phillips Oregon based company works across a wide spectrum of financial services.

Many investors start freaking out and all together stop investing during volatile times – Tim Phillips Oregon based consortium believes that this is a grave error on the part of the investor. Sure, some companies or investments will go down and will never come back up; investments in general are not without their fair share of risk and in this regard taking a chance on something that is too cheap to pass up may be the best option as it both strengthens the investment and also enables the economy to bounce back (albeit slightly) because there is more money flowing – this in turn leads to a better economic climate all round and gives your investment the opportunity to thrive. Tim Phillips Oregon based company recommends that you become a confident investor by investing even when the market seems to be subsiding.

Tim Phillips Oregon based company; Phillips and Company have taken steps to ensure that their clients are well protected against the current economic downturn and are poised to get back into a profitable position when the economy bounces back into full force. Tim Phillips Oregon based company also points to periods of relative economic inactivity and slumps in the past that have resulted in a large increase or spike in profitability when the economy has bounced back from the throes of potentially massive inflation. Tim Phillips Oregon based company has recommended that now is not the time to shy away from the investment market – however, it is a good time to be a little more wary of the investments that you make. Not every investment or company will come through the global economic crisis unscathed.

Renewable energy sectors can actually save the world from extinction. Today, the entire world is dependent on fossil fuels like oil and coal for their energy consumptions. From using electricity to transport, we depend on fossil fuels. The oil reserves are depleting in the world and that is the single biggest reason for the price hike in oil.

There are several sources of renewable energy like wind, solar power bio fuels and bio mass production, nuclear energy and so on. However, these technologies are in their early stage of development and it takes time to come up with something like electricity, for example. People are so used to 24 hour electricity supply that they will not have it any other way.

Transportation is largely dependent on oil and there is no substitute for it yet. Some of the technologies like ethanol, methanol and hydrogen can take care of short term needs. However, when it comes to bigger transportation needs, one needs oil which is a fossil fuel. Ships and airplanes cannot run on alternative fuel available today. It is too risky and just not viable economically.

However, for everyday consumption there are several alternatives including solar power and wind energy which are being put into use. Scientists believe that alternative energies have to be further developed simply because fossil fuels are not renewable. We may survive using fossil fuels, but future generations to come may suffer a lot. While using energy, we also need to learn to conserve energy and that is why depending on renewable sources of energy makes more sense for the betterment of the environment and as well as humanity.

ANY SILVER LINING IN SIGHT?

By Angus Mackay

Can anything good come out of the current stalled economy? 

This is hardly capitalism’s first crisis.  While Karl Marx may not always have been right about everything, he correctly anticipated that recurring downturns were certain to be part of the inner logic of a market-driven economy.  Nowadays we would call it the business cycle.  When the trough phase of the cycle is severe enough, the ultimate question tends to be re-asked: can capitalism survive in its traditional form?  The answer may well turn out to be, yes and no.

The first serious crisis of the modern era was the bursting of the ‘South Sea Bubble’ at the beginning of the 18th century.  English war debt was financed by granting the South Sea Company a monopoly of trade with South America.  The extravagance of the Company’s ornate London offices, and prospect of quick financial returns, led speculators to drive up share prices along with many spurious money-making ventures.  Inept management eventually led to catastrophic operating losses and the complete collapse of the Company’s share price.  Huge amounts of money were lost, and there were many suicides.

Nineteenth-century financial speculation was wonderfully satirized by Charles Dickens in his novel, ‘Martin Chuzzlewit’, through the character of Tigg Montague: self-reinvented from his former and less extravagant identity as the ‘needy sharper,’ Montague Tigg, into the Chairman of the Board of the Anglo-Bengalee Disinterested Loan and Life Assurance Company.  In a strikingly prescient foreshadowing of later Ponzi schemes, Dickens has Tigg say that ‘provided we did it on a sufficiently large scale, we could furnish an office and make a show, without any money at all.’

Dickens’s novels, as well as the writings of Victorian social commentators like Thomas Carlyle and others, were to become factors in the movement for reforms which, eventually, somewhat eased the worst ravages of industrial poverty in England.  And, in the next century, the Great Depression itself was the backdrop for a new social compact here in the United States that included the creation of the Social Security system.

From the perspective of this latest crisis, should capitalism survive?  Most of us who experienced the dead hand of State-owned industry in the UK would probably not wish to return to those days; and, significantly, when the Labour Party took office in 1997, Tony Blair and Gordon Brown opted not to reverse the privatization policies of their predecessors, Margaret Thatcher and John Major.

Yet is it too much to hope for that the easing of the present economic doldrums might include, not only needed safeguards to ensure that there is no repeat of the excesses that led to the sub-prime mess and the strange new phenomenon of ‘toxic assets,’ but also a broader societal understanding which would affirm, in the words of the 17th century English metaphysical poet, John Donne (a Dean of St. Paul’s Cathedral, London) that ‘No man is an island, entire of itself; every man is a piece of the continent, a part of the main?’ 

Could it be possible that an emerging new paradigm might include, not only smarter financial oversight and regulation, but also a stronger sense of community connectedness and perhaps slightly less of the individualism that has been a lingering – perhaps unintended – legacy of the Reagan and Thatcher era?

Can globalization somehow link the developed world not just with innovative markets overseas, but also with the estimated one-third of the world’s population living on less than $1 a day?  And is there a chance that economic recovery, when it eventually gets going in earnest, as it hopefully will, could be premised on the wholesale transformation of our pattern of energy consumption, from greenhouse gas-emitting, declining fossil fuels to unlimited renewable sources – helping avoid a looming climate catastrophe and creating new green jobs?

That would be quite a silver lining.

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Economic Warnings are Out We are in a new era.

Especially where money is concerned,

#1 financial education author of all time, Robert Kiyosaki, author of the best-selling “Rich Dad, Poor Dad” book series gets advice from gold and silver expert Mike Maloney.

There are several notables like Donald Trump for one and Robert Kiyosaki who have been quoted saying, the real reason for the economic problems of today is people are uneducated about money matters.

You may think these people have it made, what are they worried about or what are they talking about? What’s kind of crap is this, financial education, everyone knows what money is and what money does?

You may also be thinking I don’t have much so why should I care. I don’t need to listen to this, I have better things to do. The fact is people have fallen asleep at the wheel here, the middle class is being wiped out with no hope of recovery, everything you own is going to be devalued and weath does not disappear it simply changes hands, the deck is stacked against you.

It has a lot to do with more than just money being printed like there is no tomorrow. The point all these people are making is, if people really had the proper understanding about what’s really going on behind the scenes they would know what to do and this would lead to a great reduction in the problems we have today.

It’s bad folks real bad and it’s going to get worse not better, sorry to say. The point everyone is making is the finacially uneducated are going to be the really big losers in this massive transfer of wealth, while the financially educated will become the big winners.

The wealth will be transferred from the uneducated to the educated, just the way it is. The internation bankers are behind this insidious corrupt plan dependent upon peoples ignorance, estimated to be at the 99% level, not figuring out what’s really going on here right under your nose, day in day out 24/7 you will probably lose all, it’s that important.

Bank robbers of today don,t where masks and carry guns, they wear suits and work inside the banks, it took many, many, years for them to get to this point but they have succeded and are not going away.

Don’t think it effects you that much consider this governments have fallen into the trap taking you down along the way, in reality today government has become not much more than a collection agency for the Internation bankers, supported by you.

That’s right you even pay for the costs of your own enslavement. I hope I’ve helped clarify the situation.You and I are the victims, however you can become educated very quickly and beat them at their own game.

Becoming very wealthy in the process, that’s right, becoming educated about what’s really going on and what to do about it, you can make this terrible situation work for you, not against you.

It’s not to late, do I need to ask you which side of this you want to be on? Let me ask you this, how’s everything going for you today is what you’re doing working out?

To get on the fast track here on what I have just been saying will cost you a few bucks but it will be the best few bucks you have ever invested in yourself. No gimmicks no tricks I think enough warnings have gone out but not enough information on what you can do to to change your situation around.

The experts are saying now, people will either be saying I’m glad I did or I wish I had .Hit the start button now to begin getting all the life changing information, click the following link.

http://economicconspiracylifesaver.com.

Nigeria has had a tumultuous history, marked by decades of virulent political and civilian strife since its independence in 1960. The oil boom of the ’70s brought windfall profits to the emerging state, but corruption and gross mismanagement blighted economic indicators and rendered the vast majority of its population destitute. A reforms process initiated after the first democratically elected government was sworn to power in 1999 is beginning to show results, but hardly of the nature or scale that can reassure a country desperate to shake off its Third World heritage.

At the ground level, the extended economic stagnation and Nigeria’s persistent failure to enforce corrective policies spawned a flourishing informal economy – the aggregate of financial and business activity that operates outside government control, contributing neither in taxes nor in contribution to the country’s GDP. It includes everything from backyard employment and self-help finance to street vending and unregulated manufacturing. Nigeria’s vast informal economy of products, services and financial services was born out of necessity but is now estimated to contribute up to 65% of current Gross National Product. Even with a significant readjustment of the percentage, there is no debate that the state is losing out on millions in internally generated revenue (IGR) because of activity in the unorganised sector. IGR, or inland revenue, refers to state earnings from levies and taxes. Although current figures for Nigeria’s federal IGR are unavailable, it has been traditionally diminutive in relation to the country’s oil profits, which account for 85% of state revenue.

Across the African continent in general and especially in Nigeria, the informal sector no longer plays an auxiliary role but leads official economies in terms of maintaining livelihoods and creating new jobs. The present Nigerian government accepts that more than 90% of all new jobs are being created by this unorganised sector. The Lagos report in fact goes a long way to show that, even if only subconsciously, Nigeria is vitally dependent on its informal economy. Moreover, it needs to cultivate this sector and bring it under the tax regime if its long-term macroeconomic goals are to be achieved. The Nigerian informal economy is therefore critical on two counts: in terms of untapped revenue and, more importantly, as the driving force behind rapid enterprise development for durable economic growth. This is what the government can do to gradually subsume the informal economy under its jurisdiction:

* Devise innovative policy to bring unorganised activities under official purview through a system of sops, tax breaks and finance aimed at both existing and emerging unregulated businesses.

* Streamline tax and business regulations for universal applicability; crack down on systemic corruption through stringent penalties.

* Promote a credit environment sympathetic to small business realities. Government effort should concentrate on promoting lending through equity, not debt, because Nigeria’s informal economy is mostly about high-risk ownership businesses.

* Improve productivity in small businesses through infrastructure development and removal of trade and administrative barriers. Enhancing technical support and capacity building assistance to aid existing and emerging entrepreneurs.

* Transform education at the vocational and skills level to create a dynamic manpower base that is equipped to meet entrepreneurial challenges. Creating supplementary programmes for relevant technology and computer education.

Spain provides a sterling example of how it can be done right. Through the 1990s, the Spanish government pursued a radical reforms programme, easing corporate taxes and regularising labour laws. The outcomes was a drastic 40% fall in the unemployment rate over a period of six years, fuelled by massive job opportunities in the informal sector. Even though tax rates had been slashed, the government augmented revue collected from small companies by over 75% by bringing more of them under regulation.

Even though Nigeria has been the second largest economy in the continent after South Africa for years now, independent researchers have long been pointing out that the ranking is unrealistic in the sense that it takes no account the vast Nigerian parallel economy. The theory may not be unlikely but is near impossible to prove because sufficient relevant data for Nigeria is unavailable. There is no doubt however that the country’s future position in world affairs hinges considerably on the development and formalisation of its massive informal economy. In terms of attitude, what it requires foremost is the suspension of conventional perceptions with regards to the unorganised sector: in other words, a paradigm shift in economic policy outlook and execution.

The process of Nigerian economic reforms that began in 2001 has seen concrete steps aimed at boosting the private sector:

* A bank consolidation programme was initiated in 2004 to fortify financial institutions and enhance credit access to the private sector.

* Rapid disinvestment in large enterprises was started with the privatisation of mining, communication and oil marketing corporations.

* The government deregulated oil prices in 2007 and enforced the national Fiscal Responsibility bill and the Pubic Procurement bill.

Some of these measures have produced tangible results, cutting inflation and boosting international currency reserves. Their long term effects though are yet to be observed or examined.

In December 2008, the government of President Umaru Yar’Adua presented budget proposals for withdrawal of $200 million in African Development Bank trust funds to issue 10-year government bonds. The move was part of the treasury’s efforts to plug a substantial budgetary deficit amounting to almost 4% of GDP. Sadly, short term-measures such as this otherwise unremarkable decision have defined Nigerian economic policy for more than the last half century. What it needs in order to shed its Third World credentials is a unified, innovative strategy that reverses overdependence on oil and actively seeks to formalise its informal economy.

Specifically, Nigeria needs to come up with practical measures to convert its traditionally survivalist practices into entrepreneurial ventures that contribute revenue, create more jobs and provide innovative products and solutions. A number of Abuja’s policy directives in recent years have sought to reform the old economy to ostensibly promote small businesses and seed an entrepreneurial revolution. Besides its obvious contributions in terms of employment and income generation, the Nigerian informal economy is responsible for a number of positive effects -

* It allows a productive outlet for a huge population of Nigerians who are self employed by choice or necessity.

* It creates economic competition and promotes innovative business practices relevant to local realities.

* Most importantly, it mobilises Nigeria’s significant human resource pool that would otherwise be unused, or worse, ill-used.

In the Nigerian context, formalising the informal economy is synonymous with enterprise development and long-term macroeconomic growth. An endeavour of such moment calls as much for creative innovation in policy design as it does motivated implementation. In light of the country’s troubled past, its government would also do well to build popular consensus on important issues before trying to enforcing radical laws. Far reaching change, however, will only come with the realisation that leveraging the informal economy is key to resolving the age old Nigerian paradox – a country of enormous resources with extreme poverty.

On August 1st we enter the sweet spot (no pun intended because it’s really SOUR) of the Cardinal Climax.

Then on August 15th, my last post, we encountered the turbulence of the Hindenburg Omen. But no worry, there must be TWO of those complicated events to kick in. So, what’s the problem? Well, the problem is that the second Hindenburg Omen has occurred. The Omen, a technical indicator which uses a plethora of data to foreshadow a stock-market crash, was tripped again on Friday, marking the second time since Aug. 12 it has occurred. (It also came close on Thursday, but one of its criteria fell short.)

This NOT GOOD NEWS!

The latest trigger has prompted the Omen’s creator, Jim Miekka, to exit the market. “I’m taking it seriously and I’m fully out of the market now,” Miekka, a blind mathematician, said in a telephone interview from his home in Surry, Maine. “I would’ve probably stayed in until the beginning of September,” depending on how the indicators varied. “That was my basic plan, until the Hindenburg came along.”

Why can’t most investors SEE what this BLIND mathematician does?

The Omen has been behind every market crash since 1987, but significant stock-market declines have followed only 25% of the time. So there’s a high likelihood that the Omen could be nothing more than a false signal. But that isn’t stopping Miekka from taking any chances, especially as September, typically the market’s worst-performing month, sits only one week away.

“It’s sort of like a funnel cloud,” he said. “It doesn’t mean it’s going to crash, but it’s a high probability. You don’t get a tornado without a funnel cloud.” He added he’s not currently shorting anything, although he may look to short Nasdaq stock index futures in the next few weeks, “depending on how the technicals go.”

Not everyone is as OPTIMISTIC as Miekka. Optimistic you say?

The Dow Jones Industrial Average will lose about half of its value over the next couple of years as it follows a Nikkei-like pattern of several sharp rallies in an overall decline, according to Charles Nenner, founder and president of Charles Nenner research. Stocks are currently in a bear-market rally, and looking at charts and past trends, unemployment and leading indicators suggest the Dow will drop to 5,000 in the next two to two-and-a-half years.

One of my favorite stock market watchers is Richard Russell.

Russell was around for the BIG ONE in 1929 and today he wrote, “I trust that most of my subscribers are on the sidelines with gold, cash and gold items. They say that the bears in Yellowstone National Park have become a danger to man. The bear on Wall Street will be a tragic danger to man”. 

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I have submitted several articles suggesting, only suggesting possible ways forward for Spain during this very severe crisis, all in good faith and with good intentions and the response from the powers that be? Zero!

Now do not get me wrong, I make no claims to be an economic expert, of financial genius, but should not the politicians in power be considering all possible options right now?

Yes I am English and Spain is my adopted home and I love it and this is why I am devoting the time and effort in submitting these suggestions, only suggestions. I wish neither to change the Spanish way of life, or culture, I have bought into it, but lets be clear Spain has very serious economic problems right now, why?

The economic model currently in place is deeply flawed and this very deep world wide recession has made that very clear. Ok there could be various reasons why the powers that be have be are not interested in whatever help, or advice that can come from any source. Possibility number one is that the suggestions offered have been studied, considered and found to be wanting, that could be considered a reasonable response. The alternative is more worrying, that they have neither the time, or inclination to consider alternative possibilities!

There are now many northern Europeans living here in Spain that like me love many aspects of the lifestyle and culture and I am sure equally sure that many of them, like me would love to help pull Spain out of this crisis. Can the government afford to not at least listen?

Please accept that we have a different perspective and that we might be, just might be a little more objective. Germany is now pulling strongly out of the recession and many German people have chosen to live in Spain. Can you really afford not to listen to their observations of the economic model currently practised in Spain. Can you really afford to not at least consider their suggestions?

Why do we want to help? The European dream is that we are now free to choose within Europe where we wish to live and many of us have chosen Spain. We want a strong prosperous and happy Spain and we want what is best for Spain and the Spanish people. Right now Spain needs and needs desperately economic stimulation, the creation of employment, real and sustainable, it can be done with boldness and imagination.

Why this complete lack of response? You need no advice, or suggestions, you have everything under control and a master plan that will fix everything? I hope that is the case and that it is not the complete arrogance and that you feel you know best and need no help whatsoever!

We are now all European and if the latter is the reality of the situation, it is very worrying. 20% of the Spanish population is now unemployed, levels of confidence in the government are depressingly low, both internationally and amongst your own population.

Time is running out, in fact it is wake up time. Failure to act strongly, dynamically,  positively and soon could burden Spain with problems that could take generations to recover from. Do you really want that on your conscience?

 

Terrence Aubrey

The More Government, The Longer and Deeper The Recession

by Michael D. Hume, M.S.

If you listen to today’s mainstream media, you might think our current government has led us to a “recovery” from a recession that is wholly the fault of George W. Bush, although the recovery is, mysteriously, “weak.”

Are we really in recovery in the United States, or is this simply the eye of a large, frightening storm? Some experts predict our social programs, entitlements, big government and huge spending spell disaster… I’ve heard that conditions are ripe for a huge crash in the American stock market, with the rest of the world to follow in a repeat performance of the Great Depression.

I have argued that there are two sorts of people out there (and inside each of us): the Entrepreneur, who is self-reliant, personally responsible and lives by a sense of obligation to his fellow human… and the Victim, who relies on others to solve his problems, and lives by a sense of entitlement. If, as a society, we lean toward Victimhood, we’re in trouble. If we can give Entrepreneurship the upper hand, we might just solve this mess.

“Progressives” in our governments play to the victims. They will promise you any amount of other people’s money to get you to vote their way. Conservatives tend to appeal more to the entrepreneur in each of us. They promise to get government out of your way so you can chase the “American Dream,” and in the process, create a healthy and wealthy private sector that makes everyone (from the top to the bottom of the economic scale) more happy and secure.

Let’s take a look at how previous U.S. administrations have handled economic crises in the last century:

In 1920, the country faced a huge recession you’ve probably never heard of. That’s because the government handled it by not really doing much, and it went away. It was an election year, and incumbent Woodrow Wilson was bedridden following a stroke (otherwise things might have turned out much differently). He never got around to implementing big spending and social programs. Instead, his short-lived successor Warren G. Harding and vice president Calvin Coolidge cut federal spending by 50% and otherwise took no action (including the non-action of keeping tax rates low)… and the recession of 1920 ended, ushering in an era of rapid economic growth later dubbed “The Roaring Twenties.”

The Roar ended in 1929 with the stock market crash. First liberal Republican Herbert Hoover, then Democrat Franklin D. Roosevelt, handled the crisis in a very different way. They grew government, grew taxes, grew regulation… and grew the Depression. Recent studies have shown that the Great Depression would have been much less “great,” and much shorter, without all the government “help.” It’s a fact that the stock market took 25 years to regain its 1929 highs… that’s 1954, two-and-a-half decades and two wars later.

In 1980, Ronald Reagan inherited a much worse economy than did Barack Obama. Unemployment and inflation were both in double digits, interest rates were through the roof, and world events gave investors no comfort (the war those days was “cold,” but anyone alive back then will tell you that was not a trivial war… and more than a hundred hostages in Tehran will tell you the emergence of radical Islam was no picnic, either). Rather than sit around for years blaming the Carter administration for all the nation’s woes (which might’ve been more appropriate than today’s “blame Bush” recitals), Reagan cut taxes, cut government, and cut regulation. The result was the biggest and longest growth of the economy in world history.

Today, the government is ideologically wedded to intervention in the economy in a style and scope very like that of the federal intervention in the Great Depression. You don’t need a weatherman to know which way this wind is going to blow.

Maybe it will all blow over. But if it doesn’t, it’s time now to think about how you’re going to weather the next great depression. Are you ready for the stock market to be trading at around 3000? How about hyper-inflation? Maybe the mythical million-dollar loaf of bread won’t happen. You willing to bet your family’s livelihood on that, given history, and given the current government’s proclivities?

Start a business on the side. Save your money. Get out of debt as soon as you can. Grow some vegetables.

Yeah, maybe it’s just fear-mongering paranoia.

Good luck trusting this administration.

　

　

Harmful smoke, suffocating the Russian capital for many of this summer swirl peat swamps dried up like the one in the context of a small village known as the settlement 17. It consists of two log cabins.Hardly flame is visible.

However, he had spent firefighters battling a blaze on the stubborn ground and moving through the field 25 acres hoses and blow away and columns of smoke rising from the surface of the black. Poultry in one spot, and the danger is spreading underground, shows hundreds of meters.

Russian officials say the only sure way to stop the peat fires to flood the earth, and restore its natural wetlands. The Russian Prime Minister Vladimir Putin’s support for such an approach, but there is one hitch: This powder stains on the eastern edge of Moscow is home to nearly half a million people in 10,000 dacha communities scattered. A few of them care to leave.

“We have no moral right to flood out,” said Andre Keller, head of the region Chtoura, 77 miles east of Moscow. “We will find other ways to control the fires.”

Russia also suffered during the summer and heat standard, and forest fires, crop, and cast the blame on the leaders of natural forces. Peat fires, on the other hand, is the legacy of decades of bad management of the vast tracts of the countryside, scientists, historians say.

Beginning in 1918, Soviet engineers drained peat bogs to provide electric power plants. Forty years later began to replace peat plants with the newly discovered natural gas from Siberia. Also died in the mines from the peat industry, no one bothered to reflood in a swamp.

Then in the mid-1980s the Soviet authorities gave away parts of the territory dryer, near Moscow and other cities, thousands of city dwellers so that they can build homes at the weekend. Have clung to their rural homes to peat fires broke out in every summer, usually sparked by careless smokers and the camp. The fires near Moscow in 2002 and this year’s very intense.

“We are paying the price for the position of the brutal nature,” said Ivan Sudnitsyn, biologist, member of the Russian Academy of natural wetlands Sciences.Peat is compacted layers of rotting vegetation formed over tens of thousands of years. In Chtoura, some deep as 23 feet. When caught, they burn more slowly than a forest fire model, but as far as what you consume 10 times more bio-mass per acre, and give off a lot of smoke and difficult to extinguish. All countries that have dried up, including the United States and Canada, and such fires, but many of them thick smoke in the remote areas, and drew little public attention or protest.

With strong easterly winds, and peat fires and wreak havoc in Moscow this summer, urging officials to revive the plan have not been met formulated after fires in 2002 to reflood peat mines.

Because the peat fire generates less heat from the surface of the fire, the smoke stays near the ground. In Moscow, peat smoke and postponed flights at airports, and shrouded the Red Square and other landmarks in the fog of milky white and leaked to the homes and offices, and a slowdown in economic activity and endanger the health of millions.

The Government reported progress Sunday in limiting the extent of forest and peat fires in all parts of Russia. But the wind turned north to clear the air in Moscow late last week once again, bringing the smoke back and pay the concentration of air pollutants to five times the normal level.

“There are a lot of really bad things that are given off when burning peat, carbon monoxide, sulfates, nitrous oxide,” said Lisa Curran, a professor at Stanford University, Environment and Anthropology, which studies peat fires. “They cause problems in the respiratory tract and eyes at the burning smoke in the air.” Moscow Region 492 000 acres of marsh peat 0.148000 of which were drained, and abandoned harvested, according to Torfgeologiya, geological research firm. Russia’s Emergencies Ministry has recorded 482 peat fires this summer on the 1290 acres of marsh dried, within 100 miles east of the capital.

Here in Chtoura, and firefighters were battling fires, peat two, one in 17 settlements and one on the edge of a larger community dacha, Rosinka 3. Also seen one set needlelike Deep craters in the ground and pumping water. The last chapter in the two players and several high-level aircraft spray plume of smoke scattered.

The residents were evacuated safely from the two communities, with the exception of a few who remained in Rosinka 3 to assist in the defense of dozens of firefighters to the settlement of dachas. Burning any of the dachas. But put fires on the survival of communities.

Plan to revive the floods, subject to approval by the Federal and calls to 670 million dollars in spending over the next three years. Officials did not specify the populated areas which, if any, will be evacuated and placed under water.

Any evacuation is likely to meet resistance here. Such as residents of the coastal wetlands in the state of Louisiana who cling to their homes during the hurricane seasons, and the owners of the dacha 3 Rosinka much challenge.

“Certainly these fires pose a threat, but this is our land and we love it,” said Alexander Pavlov, a factor that transportation company 54-year-old from Moscow, lighting a cigarette in the air foul and firefighters worked to patch near his dacha. “If they want to flood the land, and allow them to build a pond there, away from our homes,” referring to a forest of smoke. “We can stock with fish.”

The environment is divided on the extent of need floods. Yevgeny Sharts, global director of wildlife and conservation policy of Russia, and calls for the evacuation of the entire ancient peat mines.

“We’re mainly talking about people who are not very wealthy and those who have small dachas in marginal areas,” he said. “We need to spend money to provide new land for these people, otherwise we will face the same high risk of new fires every summer.”

But said Tatiana Minaeva, program coordinator for Russian Dutch-based International Wetlands, and can design a plan to flood the land as much as possible without the uprooting of people. This is the approach favored by Mr. Keller, and senior elected officials of the 160,000 people in the area Chtoura.

In an interview, said he is more important in raising the water level in the vast network of canals that were dug decades ago to drain the swamp in a river. And more water in the channels enable the authorities to wet down the old mines on a more frequent and fire-fighting when they erupt.

To achieve this, he said, local authorities need money from Moscow to replace the barriers such as the dam, which was stolen from the channels as they fell by neglect over the years. “We need to keep large amounts of water in the territory of what we can, so that we will be able to use it effectively in the spring when the peat is happening in the dry and the fires and start again,” he said. “But we do not want to turn back to Chtoura quagmire.”

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