What Economic Recovery? Tens of thousands of Chinese turn out to help the growing poor, by listening to a businessman sing

A Chinese businessman, upset with how many people are being left behind in China’s explosive economic growth, put on a charity concert, and was surprised by how many people showed up to help.

What’s even more amazing was that the only talent in the concert was the very same Chinese businessman.  He was hoping to […] Continue Reading…

Corporate Incompetence: Train employees beat to death the wrong man, in front of dozens of witnesses

In China, a good samaritan tried to stop a fight between train stewards and a disgruntled passenger.  He paid for it with his life.

According to more than 20 witnesses, after the good samaritan intervened more train employees showed up, including the train’s conductor.  Apparently they mistook the good samaritan as the passenger who was […] Continue Reading…

Class War, What Economic Recovery? Warren Buffett says the Elites have won, his propsed tax on the Elites is first step to increasing taxes on everyone else

“There’s been class warfare going on for the last 20 years, and my class has won.”-Warren Buffett, legendary investor

In the U.S. Congress Republicans have been misquoting Warren Buffett, saying he’s not really for the proposed tax increase (aka The Buffett Rule) on the Elites.  Oh, he’s for it alright.

In a recent interview with a […] Continue Reading…

Government & Corporate Incompetence: Once again, Plutonium contamination found in Japan, this time outside the Fukushima Daiichi compound!

30 September 2011, for the first time since the March nuclear disaster, the Japanese government has found plutonium contamination outside the Fukushima Daiichi nuke plant compound.

There have been at least three other times plutonium was found. A couple of times it was found within the perimeter of the nuclear plant’s compound, but, in June […] Continue Reading…

Government Incompetence equals What Economic Recovery? Small Business loan program a big FAIL!

In 2010 the U.S. Treasury Department set up the Small Business Lending Fund.  U.S.$30 billion was intended to be used to help small businesses expand and hire more people, it didn’t happen.

That Small Business Lending Fund ended, September 30, 2011.  Only $4 billion of the $30 billion was loaned out!

As usual everyone is blaming […] Continue Reading…

What Economic Recovery? Down economy equals increased domestice violence, Death rates up in Idaho

A new study by the Journal of Pediatrics says there is a direct correlation between the recession and an increase in child abuse cases.  The study was done in four states.

Not only that, but courts are reporting an increase in domestic violence: “Our court advocacy roles are up 40% from this time last year.”-Diane […] Continue Reading…

What Economic Recovery? Home Federal Bank lay offs hit Idaho & Oregon

“We continue to see high unemployment nationally and in our local markets. And the outlook for improvement in economic growth, which we believe is necessary to drive loan demand, remains questionable.”-Len Williams, Home Federal Bancorp

Home Federal Bank will close six branches in Idaho and Oregon.  Officials hope it will save the bank […] Continue Reading…

What Economic Recovery? Idaho chip maker, Micron, in trouble

September 29, Boise based Micron reports losing money for the first time since 2009.  For the quarter ending September 1, Micron lost U.S.$135 million.

That’s a big drop compared to the previous quarter when the Idaho memory chip maker (they also make computers) reported a $75 million profit!

The loss is being blamed on a drop […] Continue Reading…

World War 3: Russia successfully launches new submarine based ICBM

September 29, the Russian navy successfully launched a new submarine based ICBM.   The Inter Continental Ballistic Missile was launched from the Tula nuclear powered submarine in the Barents Sea.

Russian officials say the warheads hit their targets in Kamchatka in the Russian Far East.  It has longer range than older submarine based ICBMs, and […] Continue Reading…

Employees at U.S. military helicopter factory doubled as drug dealers

“This investigation and prosecution focused not only on the sellers, but also on the users because of the critical role that these employees play in manufacturing military aircraft.”-Zane David Memeger, U.S. Attorney General’s office

After a four year investigation, 37 current and former employees at the Boeing plant in Philadelphia, have been arrested […] Continue Reading…

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