Public Relations for Coal Mines

We have all seen the public-relations disasters that have occurred with some coal mining companies after they have had collapses and trapped miners inside. In West Virginia they dealt with a public-relations disaster when this governor of the state went to the scene where 12 miners were trapped who eventually died, all but one. We need coal mines and we need coal to help generate electricity for our nation and our civilization.With the advance of clean coal burning technologies and with the abundance of coal supplies we have in the United States of America, 250 years worth, it makes sense to look into using coal to generate our electricity far off into the future. Both coal mines and the coal industry as well as the energy generation industry needs more positive public relations to educate the consumer, citizen and in the public into how things work.The flows of our civilization require that everything runs smoothly, but when some environmental groups attack the coal mines it makes the coal industry weak and causes economic hardship and potentially an energy crisis and that would be very bad. It makes sense for the coal mines and the coal industry to be in constant communication with all media outlets and work on a robust public-relations and industry goodwill program. Perhaps you might consider all this in 2006.

There is an excessive amount of traffic coming from your Region.


Commercial Mortgage Loan – Shocking Clause

Many borrowers that have a commercial mortgage loans with smaller or regional banks are often shocked to learn that they have signed off on a clause referred to as the “Right to Offset”. This clause is only relevant to banks that hold deposits from borrowers. Meaning the bank hold checking or savings accounts with the borrowers.It’s often the case that in order to get a commercial loan whether a commercial mortgage or an unsecured loan that the borrower will have to have at least some of its deposits (if not all of its deposits) with the bank. What this clause allows the bank to do is “offset” their losses by taking money directly out of the borrower deposits/account without their immediate consent. The bank will use this cash to paydown debt the borrower has with the bank.And the bank normally takes the money out of the account in the most shocking of ways – by simply taking the money without telling the borrower who almost always finds out when they happen to check their balance and see a big fat zero.From the banks perspective they are protecting their capital and their investment. From the borrowers perspective they are often shocked that the bank can do this, which is of course very legal. The borrower agrees to this right when they signed off on the note.Ironically this right is normally only exercised during the worst of times for the borrower. When their business is against the ropes and they need what money they have left more than any other times.One potential solution for the borrower to avoid this potential issue is to get a commercial mortgage from a non depository lender or bank. There are many out there and they are normally large national banks. And normally do not have branches.