El año pasado la Cámara de Diputados aprobó un proyecto de ley sobre el royalty (a mi juicio, muy bien diseñado). Era uno de esos proyectos de ley que hacía época. Sin embargo, la Comisión de Minería del Senado, a pesar de los mejores esfuerzos de su presidenta, lo tergiversó de tal forma que lo transformó en una farsa. (link a la primera parte)
A continuación, la segunda parte del artículo publicado el miércoles pasado.
José Gabriel Palma
Universidad de Cambridge
Universidad de Santiago de Chile
1.2.- Falta de transparencia y conflictos de interés
Un problema de fondo fue que el Senador Girardi no se inhabitó en la discusión del proyecto de ley en esa comisión, a pesar de que las mineras que podían ser afectadas directamente por la legislación en discusión le habrían proporcionado grandes aportes financieros a su carrera política (ver también aquí, aquí; y aquí; ver el capítulo “Girardi” en el libro ya citado, y mi columna anterior). Y como dicha comisión tiene 5 senadores, el voto de este senador era decisivo.
Según un estudio de Cenda, este senador, por ejemplo, recibió de SQM más que cualquier otro parlamentario durante la campaña para su reelección al Senado ― e incluso más que los candidatos presidenciales de esa época. Estas platas terminaron envueltas en un proceso judicial de platas ilegales en la política, en especial las que recibió a través de fundaciones que él controlaba. Esto lo confirma el ex jefe de Administración y Finanzas del partido político del senador en cuestión, en una declaración ante la PDI en relación a la “triangularización” de las platas ilegales en la política, afirmando que: “(…) el propósito [de esas platas de SQM era] brindarle ayuda a don Guido Girardi, un senador connotado y miembro de Chile Ambiente [la fundación en cuestión]”.
Estos aportes de SQM fueron también confirmados por un estudio de abogados estadounidenses (Shearman & Sterling), el cual analizó en detalle la relación entre este senador y el gerente general de la minera no metálica en el período en cuestión. Eso también lo confirma un abogado de SQM, en su declaración (en calidad de imputado) ante la fiscal y un funcionario de la Brigada de Delitos Financieros de la PDI.
Lo relacionado a las platas de SQM y el partido del senador es tan sorprendente, como que la minera llegó a hacer contribuciones al partido en la forma de “un aporte de afiliado”: esto es, SQM pasó a ser de facto nada menos que militante del PPD ― partido en el cual, según un diputado de la misma colectividad: “Girardi era el socio controlador”.
Como decíamos, el problema de fondo en esto es que el Senador Girardi no se inhabilitó en la discusión del royalty en dicha comisión por sus conflictos de interés. Tenemos el ejemplo de Hernán Frigolett. Cuando fue nombrado director del SII, Ciper recordó que él, junto a otros políticos, le había hecho una consultoría a SQM por la cual había recibido $83 millones de la minera. Frigolett, inmediatamente, declaró que se inhabilitará en cualquier materia tributaria de SQM. Esta decisión la apoyó el ministro Marcel, declarando que, si bien el problema de la consultoría era distinto al del financiamiento de la política, era la decisión apropiada; no para Girardi.
Y en la ley que se despachó de la Comisión de Minería del Senado, el royalty al litio no sólo se redujo a su mínima expresión, sino que SQM quedó incluso exenta de su pago no solo durante el período de su actual contrato con CORFO, sino también después de que expirara. Si bien eximirla durante dicho período ya es discutible, seguir haciéndolo después de que expire es algo inexplicable. Y ahora, la única excusa en la respuesta a mi columna anterior es decir que “se les olvidó” determinar que pasaría con SQM después de que expirase su contrato con CORFO. Es para no creerlo.
1.3.- El rol de los lobistas
Otro problema de fondo fue que el senador en cuestión no sólo no se inhabilitó, sino que trajo a la comisión como su asesor “técnico” a alguien que trabaja para la minería privada, a quien Girardi no sólo le pidió que le diseñara el esquema del royalty gatopardista, sino que le pidió que lo presentara a la comisión en su nombre. La magia de su fórmula de royalty es que, con otros mecanismos, termina recolectando en forma extra neta prácticamente lo mismo que ya recauda el royalty Lagos-Piñera.
Este asesor del senador era Álvaro García, presidente ejecutivo de Alianza Valor Minero, una institución financiada y dirigida por la gran minería y sus organizaciones (como el Consejo Minero) ― quienes hasta forman parte de su directorio.
Este lobista es uno de esos tantos políticos jubilados de la Concertación, que ahora viven en parte de su capacidad para traficar influencias. Los exMapu son de los más cotizados. El hecho que, además, haya sido director de una financiera (Inverlink), envuelta en uno de los peores fraudes desde el retorno a la democracia ― con él como director de la empresa cuando se realizaba lo peor del fraude (por lo cual fue procesado, aunque no condenado como cómplice de la estafa) ― parece no tener relevancia. Para otros asuntos relacionados, ver también mi columna anterior.
La Comisión de Minería, por supuesto, tiene todo el derecho a invitar a quien quiera; eso no está en discusión. Pero que llegue alguien quien trabaja para la minería privada, como asesor técnico del senador Girardi, es otra cosa. Volvemos lo de la transparencia y conflictos de interés. Como la “ley Longueira”, donde ejecutivos del sector pesquero pauteaban a una senadora de la comisión respectiva, la que terminó recomendando regalar las cuotas de pesca, y a perpetuidad ,― cuyo valor se mide en miles de millones de dólares ―, a siete familias que ya controlaban el sector pesquero. Ahora, igual con el royalty: este asesor del senador recomienda una fórmula para calcular el royalty, según la cual otro pequeño grupo de conglomerados mineros va a poder evitar pagar unos US$ 6 mil millones al año en royalties.
Pero el problema central no es el de las personas, sino el de las reglas de la institucionalidad donde se opera. Espero que la Convención Constitucional ponga énfasis en los estándares mínimos que se deberían seguir en materias de transparencia y conflictos de interés. No puede ser que un senador que ha recibido contribuciones sustanciales para su carrera política, de un sector determinado, no esté obligado a inhabilitarse en materias relevante a dicho sector (como lo hizo Frigolett), o que un asesor de un senador no tenga que transparentar qué porcentaje de su sueldo en su trabajo cotidiano lo financian las empresas afectadas por la legislación en discusión. No hacerlo, es de república bananera.
Mientras operemos en una economía de mercado con agentes todopoderosos, regulación débil y un estado timorato, el resultado no puede ser otro que un desastre en procedimientos, deshonestidad de muchos e ineficiencia productiva. Siempre he argumentado que esta es una de las razones principales del por qué países como nosotros nos quedamos pegados en la “trampa del ingreso medio”. Se necesita un Estado capaz de “disciplinar” al gran empresariado a comportarse. Eso fue lo que hizo la diferencia en el Asia emergente, entre los que lograron romper esta trampa y los que se están quedando pegados en ella.
2.- Otros problemas del proyecto del royalty
2.1.- La fórmula Girardi-García
Lo primero que hace dicha fórmula es transformar el royalty en un ente “híbrido”, parte ad valorem, y parte como un porcentaje a la rentabilidad de las mineras. El proyecto de ley de la Cámara, en cambio, insistía (correctamente) en que tenía que ser solo lo primero. Es que es mucho más fácil fiscalizar el volumen de ventas de las mineras ― y el contenido de subproductos que contiene ― que sus utilidades contables. En el mundo de hoy, estas han llegado a ser casi un “extra opcional” en los balances corporativos, dadas las innumerables formas que hay para eludir impuestos (y no sólo en Chile; ver Naciones Unidas).
Este estudio nos recuerda la Minera Disputada de Las Condes; su propietaria (Exxon) “exportaba” sus considerables ganancias disfrazadas de pagos de intereses a Exxon Financials, una subsidiaria establecida en las Bermudas. También menciona, por ejemplo, que Escondida vende concentrados a refinerías relacionadas, lo que resulta en ingresos netos en Chile considerablemente inferior en comparación con CODELCO.
Otro tema es la contabilización de los subproductos. Si bien cada yacimiento genera subproductos diferentes, incluso entre las distintas áreas de una misma mina, es bien poco probable que el contenido de subproductos de los minerales de CODELCO, especialmente de molibdeno, sea tanto mayor al que reconocen las mineras privadas tan solo por generosidad de la naturaleza. Por esta razón, es inconcebible que hasta ahora Aduanas, para felicidad de las mineras, no tenga la capacidad de análisis químico del concentrado (o, mejor dicho, que sucesivos gobiernos no le hayan dado el financiamiento necesario para hacerlo).
Como se sabe, también aquí como en Europa Apple, Amazon, Google, Facebook, Vodaphone, Starbucks y tantas más, según sus balances corporativos (supuestamente) no tienen utilidades operativas ― y, por tanto, legalmente, no tienen que pagar los impuestos correspondientes. Se hablará mucho del tema en medios gubernamentales y en la Comisión Europea, pero, hasta ahora, nadie ha hecho algo concreto para remediarlo. Es cosa de reintroducir un mínimo de equidad impositiva en lo horizontal y vertical (para un análisis de este tema, ver).
Además, como en Chile, el argumento del gobierno de la época, y de los dos senadores de derecha en la comisión, era que el proyecto del royalty era inconstitucional. Esto debido a que las materias impositivas son de exclusiva iniciativa del ejecutivo (el proyecto del royalty fue iniciativa de la Cámara). Al transformar una parte del royalty en “un componente de rentabilidad” se le estaba dando al gobierno de Piñera el argumento que necesitaba para llevar a dicho proyecto al Tribunal Constitucional.
Lo que se argumentaba era que el royalty ad valorem afectaría a la pequeña y mediana minería. Entonces, la Senadora Provoste propuso subir la vara con la que se diferenciaba a la gran minería del resto de 75 mil toneladas de producción al año (metodología común) a 100 mil. Como esto no resultó suficiente para convencer a quienes querían un royalty híbrido, incluso se propuso (y luego aprobó) subir esa vara a 200 mil toneladas, por lo que el royalty del 3% solo se aplicaría apenas a cinco mineras (Escondida, Collahuasi, Los Pelambres Anglo American Sur y Centinela). Así, quedaban fuera de este royalty del 3% Sierra Gorda, Spence, Caserones, Zaldívar, Candelaria, Antucoya, Anglo American Norte, Lomas Bayas y El Abra, las cuales tienen ventas que se miden en miles de millones de dólares (y varias de ellas son de propiedad de grandes conglomerados mineros). Pero aun así, se siguió insistiendo en el royalty híbrido, lo cual quedó en la ley que se despachó de esta comisión. Cuesta entender.
Más aún, aunque se negó repetidamente en un comienzo, la fórmula García-Girardi implicaba que la parte de “componente de rentabilidad” (lo híbrido de la fórmula) reemplazaría al actual royalty. De hecho, en una de las reuniones pregunté dos veces al respecto, y se me aseguró que no: ¡que por ningún motivo pasaría eso! Que jamás ese monto reemplazaría al actual royalty, sino que sería adicional a él. Sin embargo, en el proyecto de ley que se despachó, lo sustituía.
Y según la fórmula García-Girardi, y por pura coincidencia, los dos montos ― el del royalty actual y el “componente de rentabilidad” del nuevo ― eran idénticos: alrededor de un 6% de las utilidades. Esto es, terminaban siendo “suma cero” respecto de lo que se recauda con el royalty actual.
Además, hay otra “resta” que hacer para llegar a la contribución extra neta del royalty nuevo (que ellos, en forma sorprendente, no hacen): la parte ad valorem del royalty no solo se reduce en casi un 90%, sino que al ser un costo de producción (compra de un insumo) baja proporcionalmente las utilidades y, por tanto, los impuestos correspondientes (el de primera categoría, el específico y el adicional).
Así, si bien se declara a los cuatro vientos que a precios actuales la recaudación del nuevo royalty llegaría (y hasta podría pasar) a un 0.5% del PIB, se les olvida decir que eso es recaudación bruta, pues con las restas necesarias lo que queda extra neto es incluso (con suerte) menos que la mitad de eso.
Para llegar a la cantidad neta correspondiente, primero hay que descontar Codelco (sus recursos ya son del Estado). Luego, hay que sumar la recaudación bruta de ese 3% a las ventas (aplicable sólo a las 5 grandes mineras privadas, lo que recaudaría un 0.3% del PIB). Después, hay que descontar el “componente de rentabilidad” (pues, como decíamos, hace suma cero con el royalty actual). Finalmente, hay que restar algo más de un 0.1% del PIB por menor pago en impuestos (por mayor costo de producción).
De este modo, llegamos a un royalty nuevo cuya recaudación extra neta es incluso menor a un décimo del royalty de la Cámara. Mientras este recaudaría en forma neta extra 2.5% del PIB (para el cálculo exacto, ver mi columna anterior), el nuevo a las 5 mineras más grandes no llegaría ni con suerte al 0.2% del PIB. A eso, en ambos casos, hay que sumarle algo ínfimo que se le cobraría a la pequeña y mediana minería.
Para colocar esa cantidad en perspectiva, recordemos que, según el Banco Mundial, en las actuales circunstancias (precios de las materias primas) las rentas de nuestros recursos naturales son equivalente a más del 20% del PIB (como ya lo fueron en el “super-ciclo” anterior). Parte fundamental de lo cual son las del cobre (usando la misma metodología del Banco Mundial, se ha calculado que el cobre representaría la mitad de eso; ver mi columna anterior). Por tanto, si en algo se puede criticar al proyecto de la Cámara, y su royalty equivalente al 2.5% del PIB, es que coloca el “precio” del insumo (el royalty) en el rango inferior de lo que se debería cobrar.
La próxima semana les haremos entrega de la tercera y última parte de este artículo.
157 comentarios en “Cómo un senador y un lobista transformaron la ley del royalty en una nueva ley Longueira”
Hello, I check your new stuff like every week. Your writing style is
witty, keep up the good work!
Thank you, I’ve recently been looking for info approximately this
topic for a long time and yours is the best I have discovered so far.
However, what in regards to the conclusion? Are you sure about
the source?
We are a group of volunteers and starting a new
scheme in our community. Your website provided us with valuable information to work on. You have done a formidable job and
our entire community will be thankful to you.
I have been browsing online more than 3 hours today, yet I
never found any interesting article like yours.
It is pretty worth enough for me. In my view,
if all web owners and bloggers made good content as you did, the web
will be much more useful than ever before.
Hello, yup this article is actually nice and I have learned lot of things from it about blogging.
thanks.
Great post! We are linking to this particularly
great article on our website. Keep up the great writing.
If some one wishes to be updated with latest technologies
then he must be go to see this site and be up to date
everyday.
Hey there! I know this is kinda off topic but I’d figured I’d ask.
Would you be interested in exchanging links or maybe guest authoring a blog post or vice-versa?
My site discusses a lot of the same subjects as yours and
I believe we could greatly benefit from each other.
If you might be interested feel free to shoot
me an email. I look forward to hearing from you!
Awesome blog by the way!
Hi are using WordPress for your blog platform?
I’m new to the blog world but I’m trying to get started and set up my
own. Do you need any html coding expertise to make your own blog?
Any help would be really appreciated!
Amazing blog! Is your theme custom made or did you download it from
somewhere? A theme like yours with a few simple adjustements would
really make my blog jump out. Please let me know where you got your
theme. Appreciate it
I’m really loving the theme/design of your website.
Do you ever run into any web browser compatibility issues?
A small number of my blog visitors have complained about my site not operating correctly
in Explorer but looks great in Safari. Do you have any ideas to help fix this
issue?
Hi Dear, are you in fact visiting this website daily,
if so after that you will without doubt take fastidious know-how.
Hi! This is my 1st comment here so I just wanted to give a quick shout out
and tell you I truly enjoy reading through your posts. Can you recommend any other blogs/websites/forums that
go over the same subjects? Many thanks!
Awesome! Its in fact awesome paragraph, I have got much
clear idea concerning from this paragraph.
I’m extremely pleased to discover this web site. I need to to thank
you for ones time for this particularly fantastic read!!
I definitely really liked every part of it and
i also have you book-marked to look at new things on your blog.
I am genuinely thankful to the owner of this website who has shared this fantastic paragraph at at this time.
What’s up, after reading this remarkable piece of writing i
am as well cheerful to share my experience here with friends.
Quality posts is the key to attract the users to go to see the web page, that’s what this website is providing.
It’s a pity you don’t have a donate button! I’d without a doubt donate to this outstanding
blog! I guess for now i’ll settle for book-marking and adding
your RSS feed to my Google account. I look forward
to fresh updates and will share this blog with my Facebook group.
Talk soon!
If some one wishes to be updated with most recent technologies after that he must be pay a
quick visit this web page and be up to date everyday.
Hmm it looks like your website ate my first comment (it was super long) so I guess I’ll just sum it up what
I wrote and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog writer but I’m
still new to the whole thing. Do you have any tips and hints for rookie blog
writers? I’d genuinely appreciate it.
I’ve read a few excellent stuff here. Certainly price
bookmarking for revisiting. I wonder how a lot attempt you
place to make any such fantastic informative site.
Excellent blog here! Also your web site loads up fast!
What host are you using? Can I get your affiliate link to your host?
I wish my website loaded up as quickly as
yours lol
My brother recommended I would possibly like this
blog. He used to be totally right. This submit truly made my day.
You cann’t imagine just how much time I had spent for
this info! Thank you!
Howdy! Would you mind if I share your blog with my
facebook group? There’s a lot of people that I think would
really appreciate your content. Please let me know.
Cheers
Hi there! This is kind of off topic but I need some help from an established
blog. Is it tough to set up your own blog? I’m not very
techincal but I can figure things out pretty fast.
I’m thinking about creating my own but I’m not sure where to start.
Do you have any points or suggestions? Cheers
I’m not that much of a internet reader to be honest but your blogs
really nice, keep it up! I’ll go ahead and bookmark your site to come back in the
future. All the best
I am regular reader, how are you everybody? This article posted at this site is really
pleasant.
You actually make it appear so easy together with your presentation however
I to find this topic to be actually something which
I think I’d by no means understand. It kind of feels too complicated and
extremely huge for me. I am having a look forward on your subsequent publish, I’ll attempt to get the dangle of it!
Wow, marvelous weblog format! How lengthy have
you been running a blog for? you made blogging look easy.
The whole look of your website is excellent, let alone the content!
Hmm it looks like your blog ate my first comment (it was extremely long)
so I guess I’ll just sum it up what I wrote and say, I’m thoroughly enjoying your blog.
I too am an aspiring blog blogger but I’m still new to the whole thing.
Do you have any helpful hints for first-time
blog writers? I’d definitely appreciate it.
I know this website presents quality dependent articles or reviews
and additional data, is there any other site which offers these data
in quality?
Thanks for one’s marvelous posting! I truly enjoyed reading it, you
might be a great author.I will ensure that I bookmark your blog and will often come back in the foreseeable future.
I want to encourage you to definitely continue your great job, have a nice weekend!
hello!,I love your writing so much! percentage we keep up a correspondence extra approximately your post on AOL?
I require a specialist on this space to solve my problem. May be that’s you!
Looking forward to see you.
Excellent write-up. I certainly appreciate this site.
Keep it up!
Remarkable! Its genuinely remarkable article, I have got much
clear idea on the topic of from this article.
Informative article, exactly what I wanted to find.
Howdy I am so excited I found your webpage, I really found
you by mistake, while I was browsing on Google for something
else, Anyhow I am here now and would just like
to say thanks a lot for a incredible post and a all round entertaining blog (I also love the
theme/design), I don’t have time to read it all at the moment but I have
book-marked it and also added your RSS feeds, so when I have
time I will be back to read more, Please do keep up the fantastic
work.
What’s up Dear, are you really visiting this
web site on a regular basis, if so afterward you will definitely take nice experience.
I am in fact glad to glance at this website posts which carries plenty of valuable information, thanks for
providing these kinds of information.
Pretty nice post. I just stumbled upon your blog and wanted to say that I have
really enjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and
I hope you write again soon!
Remarkable things here. I’m very happy to see your post.
Thank you so much and I’m taking a look forward
to contact you. Will you please drop me a mail?
My spouse and I stumbled over here coming from a different web address
and thought I should check things out. I like what I
see so now i am following you. Look forward to finding out
about your web page repeatedly.
I know this web page provides quality based articles or reviews and other material, is there
any other website which presents such things in quality?
Pretty element of content. I just stumbled upon your weblog and in accession capital to assert
that I get in fact loved account your blog
posts. Any way I will be subscribing to your feeds and even I achievement you get entry to constantly rapidly.
Wow that was strange. I just wrote an very long comment but after
I clicked submit my comment didn’t show up.
Grrrr… well I’m not writing all that over again. Anyway, just wanted
to say wonderful blog!
I’ll immediately grab your rss as I can’t to find your e-mail subscription link or e-newsletter service.
Do you’ve any? Please let me recognise in order that I could
subscribe. Thanks.
Thanks on your marvelous posting! I really enjoyed reading it, you will be a great author.I will ensure that I bookmark your
blog and will eventually come back down the
road. I want to encourage you to ultimately continue your great posts,
have a nice morning!
Hi! I just wish to give you a huge thumbs up for your excellent info you have here on this
post. I will be returning to your site for more soon.
My partner and I stumbled over here by a different web
page and thought I might as well check things out. I like what I see so
now i’m following you. Look forward to looking into your
web page repeatedly.
I have read so many articles or reviews concerning the blogger
lovers except this post is in fact a good article, keep it up.
I like the helpful information you supply in your articles.
I’ll bookmark your blog and check again right here regularly.
I’m reasonably certain I’ll be told a lot of new stuff right right here!
Good luck for the following!
My brother suggested I might like this blog. He was totally right.
This post truly made my day. You can not imagine simply how much time I had spent for this info!
Thanks!
Write more, thats all I have to say. Literally, it seems as though
you relied on the video to make your point.
You definitely know what youre talking about, why throw away
your intelligence on just posting videos to your weblog when you could be giving us something enlightening
to read?
Hey there are using WordPress for your site platform?
I’m new to the blog world but I’m trying to get started and create my own. Do you require
any coding expertise to make your own blog? Any help would be greatly appreciated!
Why viewers still use to read news papers when in this technological
globe everything is accessible on web?
Hi would you mind letting me know which webhost you’re working
with? I’ve loaded your blog in 3 completely different web browsers and I must say this blog loads a lot quicker then most.
Can you recommend a good internet hosting provider at a fair price?
Many thanks, I appreciate it!
Quality articles is the main to invite the viewers to pay a quick visit the web site, that’s what
this web page is providing.
Hello friends, good piece of writing and good arguments commented here, I am actually
enjoying by these.
I like the valuable information you provide in your articles.
I’ll bookmark your blog and check again here regularly.
I am quite certain I will learn plenty of new stuff right here!
Good luck for the next!
We are a group of volunteers and starting a new
scheme in our community. Your site provided us with valuable info to work on. You’ve done a formidable job and our entire
community will be thankful to you.
It’s great that you are getting ideas from this article as well
as from our dialogue made here.
Wonderful website. Plenty of helpful information here. I’m sending it to some buddies
ans also sharing in delicious. And certainly, thank
you to your effort!
Appreciate the recommendation. Will try it out.
Hey there are using WordPress for your blog platform?
I’m new to the blog world but I’m trying to
get started and set up my own. Do you need any html coding
knowledge to make your own blog? Any help would be really appreciated!
These are actually fantastic ideas in concerning blogging.
You have touched some fastidious things here. Any way keep up wrinting.
Hi there just wanted to give you a quick heads up. The words in your
content seem to be running off the screen in Firefox.
I’m not sure if this is a format issue or something
to do with internet browser compatibility but I figured I’d post to let you
know. The style and design look great though! Hope you
get the issue solved soon. Many thanks
Thanks for sharing your thoughts on . Regards
That is a good tip especially to those fresh to the blogosphere.
Simple but very precise info… Appreciate your sharing this one.
A must read post!
I know this if off topic but I’m looking into starting my own blog
and was wondering what all is needed to get setup? I’m assuming having a
blog like yours would cost a pretty penny? I’m not very web
savvy so I’m not 100% positive. Any tips or advice would be greatly appreciated.
Appreciate it
I need to to thank you for this excellent read!! I certainly enjoyed every bit of it.
I’ve got you saved as a favorite to check out new things you
post…
My brother recommended I might like this web site. He was entirely right.
This post actually made my day. You can not imagine simply how much time I
had spent for this info! Thanks!
Hi there, its good piece of writing regarding media print, we all be familiar with media is a wonderful source
of data.
Hello, i believe that i noticed you visited my web site so i got here to go back the
want?.I am attempting to find issues to enhance my web site!I assume its good enough to make use of some of your ideas!!
Why visitors still use to read news papers when in this technological world all is accessible on net?
Fastidious response in return of this query with real arguments and describing everything concerning that.
What’s up all, here every one is sharing these kinds of knowledge, so
it’s pleasant to read this website, and I used
to pay a visit this blog daily.
Hey there just wanted to give you a quick heads up
and let you know a few of the images aren’t loading correctly.
I’m not sure why but I think its a linking issue. I’ve tried it in two different internet browsers and both show the
same outcome.
I was able to find good information from your
blog articles.
Unquestionably believe that which you stated.
Your favorite reason seemed to be on the web the simplest thing to remember of.
I say to you, I certainly get annoyed even as people consider issues
that they plainly don’t know about. You managed to hit the nail upon the highest and also
outlined out the whole thing without having side-effects , other
people could take a signal. Will likely be back to
get more. Thank you
Hi! I’ve been following your website for a while now and finally got the bravery to go ahead and give you a shout out from New Caney Tx! Just wanted to tell you keep up the fantastic job!
Hi there to all, the contents present at this web site are really remarkable for people experience, well, keep up the nice work fellows.
I always emailed this website post page to all my friends, as if like to read it after that my friends will too.
I couldn’t resist commenting. Very well written!
Hi, i think that i saw you visited my weblog so i got here to go back the want?.I am trying to in finding things to improve my website!I guess its ok to use some of your concepts!!
Greate article. Keep writing such kind of information on your page. Im really impressed by your site.
Please let me know if you’re looking for a article author for your site. You have some really great posts and I think I would be a good asset. If you ever want to take some of the load off, I’d absolutely love to write some material for your blog in exchange for a link back to mine. Please send me an e-mail if interested. Regards!
Hi there, just wanted to mention, I enjoyed this post. It was funny. Keep on posting!
This is my first time go to see at here and i am in fact impressed to read all at alone place.
Thanks for finally writing about > %blog_title% < Liked it!
I was wondering if you ever considered changing the page layout of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having one or two images. Maybe you could space it out better?
I pay a visit everyday some sites and information sites to read posts, except this weblog gives quality based posts.
Hi, i think that i saw you visited my website so i got here to go back the prefer?.I am trying to find things to improve my site!I assume its ok to use some of your ideas!!
What’s up, I desire to subscribe for this weblog to get newest updates, so where can i do it please assist.
I don’t even know how I ended up here, but I thought this post was good. I don’t know who you are but definitely you are going to a famous blogger if you are not already 😉 Cheers!
Hi there! This post couldn’t be written any better! Reading this post reminds me of my good old room mate! He always kept talking about this. I will forward this post to him. Pretty sure he will have a good read. Thank you for sharing!
Do you have a spam problem on this blog; I also am a blogger, and
I was curious about your situation; many of us have created some nice
practices and we are looking to swap strategies with other folks, be sure to
shoot me an email if interested.
What’s up to every one, as I am in fact keen of reading this website’s post to be updated regularly. It consists of good information.
Excellent article! We will be linking to this great article on our site. Keep up the good writing.
Reading your article has greatly helped me, and I agree with you. But I still have some questions. Can you help me? I will pay attention to your answer. thank you.
сдать старое золото цена
Do you have a spam issue on this website; I also am a blogger, and I was wanting to know your situation; many of us have created some nice procedures and we are looking to trade solutions with other folks, why not shoot me an e-mail if interested.
It’s nearly impossible to find knowledgeable people on this topic, but you sound like you know what you’re talking about! Thanks
Every weekend i used to go to see this web site, as i want enjoyment, as this this web site conations actually nice funny data too.
It’s in reality a nice and helpful piece of information. I’m glad that you shared this helpful info with us. Please stay us informed like this. Thanks for sharing.
I visited multiple websites but the audio quality for audio songs current at this website is actually excellent.
Wow, incredible blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your site is magnificent, let alone the content!
Really no matter if someone doesn’t understand after that its up to other viewers that they will help, so here it happens.
Simply want to say your article is as surprising. The clearness in your post is simply cool and i can assume you are an expert on this subject. Well with your permission allow me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please keep up the rewarding work.
Ridiculous quest there. What occurred after? Good luck!
If you wish for to improve your knowledge only keep visiting this web site and be updated with the most recent gossip posted here.
Hi there, I enjoy reading all of your article. I like to write a little comment to support you.
Hi there, I found your web site by means of Google whilst searching for a similar matter, your site got here up, it looks good. I have bookmarked it in my google bookmarks.
Wow, that’s what I was looking for, what a data! present here at this blog, thanks admin of this website.
Wonderful beat ! I wish to apprentice at the same time as you amend your web site, how can i subscribe for a blog site? The account aided me a appropriate deal. I have been tiny bit familiar of this your broadcast provided shiny transparent concept
Inspiring quest there. What occurred after? Good luck!
I like it when folks come together and share opinions. Great blog, keep it up!
Nice answer back in return of this difficulty with firm arguments and explaining everything about that.
Yes! Finally something about %keyword1%.
Amazing blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple adjustements would really make my blog jump out. Please let me know where you got your design. Thank you
Nice blog here! Also your website so much up fast! What host are you using? Can I am getting your associate link in your host? I desire my website loaded up as fast as yours lol
I’m not sure why but this blog is loading extremely slow for me. Is anyone else having this issue or is it a problem on my end? I’ll check back later and see if the problem still exists.
Hi my family member! I want to say that this article is awesome, great written and come with almost all significant infos. I’d like to peer more posts like this .
Wonderful, what a website it is! This blog provides useful information to us, keep it up.
We are a group of volunteers and starting a new scheme in our community. Your site provided us with valuable information to work on. You have done an impressive job and our whole community will be grateful to you.
This is very interesting, You are a very skilled blogger. I have joined your feed and look forward to seeking more of your magnificent post. Also, I have shared your web site in my social networks!
Hello there! I know this is somewhat off topic but I was wondering which blog platform are you using for this site? I’m getting fed up of WordPress because I’ve had issues with hackers and I’m looking at options for another platform. I would be awesome if you could point me in the direction of a good platform.
Awesome site you have here but I was wanting to know if you knew of any discussion boards that cover the same topics talked about in this article? I’d really love to be a part of group where I can get suggestions from other knowledgeable individuals that share the same interest. If you have any recommendations, please let me know. Bless you!
An intriguing discussion is worth comment. I believe that you should write more on this subject, it might not be a taboo subject but usually people don’t discuss such topics. To the next! All the best!!
Thank you for the auspicious writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! By the way, how can we communicate?
Недорогой частный эромассаж в Москве в боди салоне
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why waste your intelligence on just posting videos to your site when you could be giving us something enlightening to read?
Howdy! Would you mind if I share your blog with my twitter group? There’s a lot of people that I think would really enjoy your content. Please let me know. Cheers
Hi to every one, it’s actually a good for me to pay a visit this website, it contains helpful Information.
Hey there would you mind stating which blog platform you’re working with? I’m looking to start my own blog in the near future but I’m having a tough time selecting between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design seems different then most blogs and I’m looking for something completely unique. P.S My apologies for getting off-topic but I had to ask!
Great post.
Hi there friends, its enormous piece of writing about tutoringand fully explained, keep it up all the time.
Hey there! This is my first comment here so I just wanted to give a quick shout out and tell you
I truly enjoy reading your posts. Can you recommend any
other blogs/websites/forums that go over the same subjects?
Thank you so much!
It’s very simple to find out any topic on net as compared to books, as I found this post at this site.
Awesome blog you have here but I was curious if you knew of any forums that cover the
same topics talked about in this article?
I’d really like to be a part of group where I can get opinions from
other knowledgeable individuals that share
the same interest. If you have any recommendations, please let
me know. Thank you!
hey there and thank you for your information I’ve definitely picked up anything new from right here. I did however expertise some technical issues using this web site, since I experienced to reload the web site many times previous to I could get it to load properly. I had been wondering if your web hosting is OK? Not that I am complaining, but sluggish loading instances times will often affect your placement in google and can damage your quality score if advertising and marketing with Adwords. Anyway I’m adding this RSS to my e-mail and can look out for a lot more of your respective intriguing content. Make sure you update this again soon.
Hello to all, how is everything, I think every one
is getting more from this website, and your views are good in support
of new people.
Thank you a bunch for sharing this with all people you really recognise what you are talking approximately! Bookmarked. Please also visit my web site =). We will have a link change contract among us
Hey would you mind stating which blog platform you’re
using? I’m looking to start my own blog in the near future but I’m having a hard time
selecting between BlogEngine/Wordpress/B2evolution and Drupal.
The reason I ask is because your layout seems
different then most blogs and I’m looking for something
completely unique. P.S Apologies for getting off-topic but I had to ask!
Pretty section of content. I just stumbled upon your weblog and in accession capital to assert that I acquire in fact enjoyed account your blog
posts. Any way I will be subscribing to your augment and even I achievement you access consistently rapidly.
I know this website offers quality based articles or reviews and extra material, is there
any other web site which provides these kinds of information in quality?
It’s not my first time to visit this site, i am visiting this website dailly and take good information from here every day.
I enjoy what you guys are up too. Such clever work and coverage! Keep up the superb works guys I’ve you guys to my blogroll.
Thanks for sharing such a pleasant opinion, piece of writing is fastidious, thats why i have read it completely
Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your site? My website is in the very same area of interest as yours and my visitors would definitely benefit from a lot of the information you present here. Please let me know if this alright with you. Regards!
Before you can use the Continuity Camera feature, you need to do the following
You’re so cool! I don’t think I’ve read something like this before. So good to find somebody with some original thoughts on this subject. Really.. thank you for starting this up. This site is something that is needed on the web, someone with some originality!
Hi there, I check your new stuff like every week. Your humoristic style is awesome, keep it
up!
Hi there to all, for the reason that I am in fact eager of reading this
web site’s post to be updated daily. It contains good information.
Thanks for the marvelous posting! I actually enjoyed reading it, you are a great author.I will make certain to bookmark your blog and will often come back in the future. I want to encourage that you continue your great posts, have a nice afternoon!
What’s up, everything is going perfectly here and ofcourse every one is sharing data, that’s in fact fine, keep up writing.