What Economic Recovery? My employer says no paychecks until US Bank pays up!

1 June 2012, after working weeks of overtime, my paycheck never arrived!

My employer, who has contracts with unAmerican Corporate America banks, says she can’t pay because US Bank (which is now her main contract on the eastern side of Idaho) failed to pay her!

This is strange because US Bank (aka US Bancorp, USB) recently […] Continue Reading…

What Economic Recovery? U.S. student loan debt hits $904 billion! Recipe for Civil War!

“Student loan debt continues to grow even as consumers reduce mortgage debt and credit card balances. It remains the only form of consumer debt to substantially increase since the peak of household debt in late 2008.”-Donghoon Lee, Federal Reserve Bank of New York

31 May 2012, the Federal Reserve Bank of New York reported a […] Continue Reading…

What Economic Recovery? U.S. job creation crashing! European unemployment holding at record high! Production falling in China! Japan going down! Government bonds at record lows! Dow Jones erases all gains of 2012!

1 June 2012, bad news for everyone, that is bad news for everyone playing the western (U.S./British dominated) game of capitalism (including the “communist” Chinese)!

Employment numbers did not live up to the expectations of experts in the United States. The U.S. Department of Labor reported that only 69,000 net jobs were created in May.  […] Continue Reading…

Global Economic War: India & Iran to push forward with new oil deal! Iran “key” to world economy!

“Iran is an important neighbor and crucial trade partner for India, and also a major source of our energy supplies.”-S M Krishna, External Affairs Minister of India

31 May 2012, after a meeting between Iranian and Indian officials, India made it clear that Iran was India’s number one source for oil!

Indian officials are looking to […] Continue Reading…

What Economic Recovery? While India experiences GDP growth above 5%, the United States continues to stagnate and stink! Blame the government, blame inflation! Could have been worse!

31 May 2012, The U.S. Department of Commerce reported that the U.S. GDP continues to stagnate at 1.9%!  That was for January through March.

Once again, the experts were expecting it to be higher, like around 2.2% (which is still stagnation).  The problem is that the experts were expecting business inventories to be around $69.5 […] Continue Reading…

What Economic Recovery? Toyota cash hoarding by selling bonds. Preparation for coming World economic collapse!

31 May 2012, Japan’s Toyota Motor Corporation announced a huge bond sell off, to raise lots of cash in case of global economic crash!

Reuters reporting that Toyota wants $2.5 billion USD to buy new equipment, however, NHK (nippon housou kyoukai/Japan Broadcasting Corporation) is reporting that Toyota needs “…to increase its cash on hand in […] Continue Reading…

Bridgestone Tires says they’ve created way to make tires without petroleum. Biomass!

31 May 2012, Japan’s Bridgestone Tires, and a food company call Ajinomoto, have worked together to create rubber without the use of oil or rubber trees.

The process uses fermented starches, and other sugars, from food waste, or biomass.  The process is able to extract a necessary ingredient in making rubber; isoprene.

If everything works out […] Continue Reading…

World War 3: U.S. occupation of Afghanistan; May 28-30. 5 more U.S./NATO troops killed. Several Dozens of Afghans killed. Proof the War on Drugs is a joke!

30 May 2012: International Security Assistance Force reports two U.S./NATO personnel killed by Mujahideen attacks, and explosions in southern Afghanistan.

At least 172 occupying personnel killed since the beginning of 2012.

According to local security officials in Badakhshan Province, at least eight cops were killed and two wounded after an attack by Mujahideen.  Several police officers […] Continue Reading…

What Economic Recovery? Idaho’s Coldwater Creek loses money again! Executives oblivious? Stocks worth less than $1.00

Idaho’s Coldwater Creek women’s clothing retailer just posted their 1st quarter 2012 results.

For the 1st quarter, which ended April 28, the struggling apparel company reported a loss of $23.8 million USD.  But that was less than company execs thought they were going to lose!

Chairman and Chief Executive, Dennis Pence, actually takes the news as […] Continue Reading…

Oil & Gas Prices: Disparity in fuel prices; Eastern U.S. vs Western U.S. It’s all about supply vs demand! Western U.S. fuel supply lowest since 1999! Expect U.S. fuel prices to drop in long run!

I was upset by a Memorial Day report on one of the mainstream U.S. national TV news programs, ’cause they reported gas prices down across the country!  Wait a minute, I live in the United States and gas prices actually went up where I live!

I noted that the mainstream media report focused only on […] Continue Reading…

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