Tag Archives: banks

Business/Economics, U.S.

World War 3, Economic Front: U.S. job losses & store closings 22 February 2013.

Hawaii’s Schofield Barracks furloughs 100 shipyard workers, pending federal government budget cuts. Also, the Pearl Harbor shipyard threatening to layoff 350 employees!

12 firefighters in Lorain, Ohio, now unemployed.  City officials blamed the expiration of a federal grant.

Giant City School District, in Illinois,  laid off 14 employees. School officials blame massive state funding cuts.  And after 30 years, Chiasso furniture store closed down in Chicago.  The owner blamed the bad economy.  Also, Chicago Public Schools wants to close two charter high schools. School officials say their budget is short $1 billion USD!

In New Hampshire, cable company MetroCast laid off 16 employees. The company will outsource (contract out) its installer positions, in an effort to make bigger profits.  And Hubbingtons Furniture closed their Hampton store. Operators blamed the property manager for making it not worth renewing the lease.

In Tennessee, Lincoln Memorial University refused to renew contracts for 13 teachers.  School officials blame declining graduate student enrollment.

In Plano, Texas, J.C. Penny laid off 300 more employees!  More layoffs are expected. Company officials refused to talk to local media.

In California, Abbott Vascular laid off another 450 employees! The cardiac and vascular care product maker laid off workers at their Temecula factory, and their French Valley distribution center. In 2012 they laid off almost 500 employees.  Company officials will only say they are trying to make the company more efficient. Also, the Fresno County Assessor’s office lays off 14 people, due to lack of funds.  In Mill Valley/Strawberry, the Ethan Allen furniture store closed down.

In North Carolina, recumbent bike retailer, Neighborhood Transportation, closed down.  The owner blamed health reasons.

After 23 years, Bonnie’s Place restaurant closed down in Michigan. The owners blame road/bridge construction for destroying 90% of their business.

In New York, the Wappingers Central School District says they must close down an elementary school.  School officials blame declining enrollment.

In Georgia, the Unity Elementary School in LaGrange could close. School officials say they need to save $4 million!

In Pennsylvania, Caterpillar tractors could close its York Distribution Center in Springettsbury Township.  250 employees would be affected!

Wausau Paper closing their Brainerd, Minnesota, factory. 130 employees affected! Company officials say the toilet paper competition is fierce.

Supermarket Marsh closing stores in Columbus and Marion, Indiana.  Company officials don’t want to renew the leases.

In Virginia, Weiman’s Bakery closed down in Richmond, with little notice.  The bakery supplied many restaurants, and many were left scrambling to find a new source of bread.  Local media said no reason was given for the closing.

Bay Hills Card and Gift Hallmark store closed in Maryland.  The owner opened the store in 1987, he says the bad economy did him in.

In Helena, Montana, Pet Town closed down after 30 years of operations. Local media said regular customers cried as animals in the store were shipped off.  The owner blamed the bad economy: “The last four years were just brutal!”-Dana Coil

International, U.S.

World War 3, East Asian Front: China closes border! Multiple Missiles ready for launch!

10 April 2013 (00:29 UTC-07 Tango)/29 Jumada l-Ula 1434/21 Farvardin 1391/01 Bing-Chen (3rd month) 4711

China has closed a border crossing with North Korea: “Travel agencies are not allowed to take tourist groups to go there, since the North Korean government is now asking foreign people to leave.”-unnamed official with the Dandong Border Office

South Korean media reporting that military satellite imagery shows multiple ICBMs ready for launch in North Korea.  The missiles include short range Scud, medium range Nodong as well as the BM25 Musudan: “There are clear signs that the North could simultaneously fire off Musudan, Scud and Nodong missiles.”-unnamed ROK spokesman

International, U.S.

World War 3, Gun Control Front: Man wounds 14 college students….with a craft razor!

09 April 2013 (15:17 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1391/29 Yi-Mao (2nd month) 4711

A college student decided to take out as many of his fellow students as he could, with a razor knife.

14 Lone Star College students were stabbed in Cypress, Texas.  12 hospitalized, two are in critical condition.

Police are calling the edged weapon and “unknown weapon”.  A witness called the “unknown weapon” an ‘X-acto’ type razor knife used in making crafts. Apparently the ‘mass shooter’ stabbed people in the neck.  (he must’ve had the type with multiple blades in the handle, oh no, now they are going to be banned)

I use those X-acto blades when I build my model kits.  Oh my god!   Am I going to have to go through a background check just to buy my crafts supplies?

You know if one of those students had a gun…….

 

International, U.S.

World War 3, East Asian Front: South Korea accuses North of psyops! U.S. will not shoot down missile!

09 April 2013 (14:35 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1391/29 Yi-Mao (2nd month) 4711

“We believe that foreigners in South Korea as well as our nationals will be unfazed as they have great confidence and trust in our military and the Republic of Korea.”–Kim Haing, ROK presidential spokeswoman

Officials in Republic of Korea say the DPRK’s warning that foreigners should leave South Korea is nothing more than psychological warfare.

And in front of the U.S. Congress, the commander of U.S. Pacific Command, Admiral Samuel Locklear, said that U.S. forces would shoot down a DPRK missile if it was targeting the United States or an ally.  But, he “would not recommend” shooting it down if it is truly a test launch that does not target anyone.

Fukushima

Corporate Incompetence: For the third time in four days, another radiation leak at Fukushima Daiichi!

09 April 2013 (02:26 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1392/29 Yi-Mao (2nd month) 4711

Tokyo Electric Power Company has just discovered another contaminated water leak in a third waste water pond. This is the pond they’ve been transferring radioactive water (including strontium) into, from two other ponds that are leaking.

TEPCo had also testified before government officials as to why the ponds/in-ground open air tanks were leaking, before they discovered the third leak.  TEPCo officials told the Japanese government they were creating an emergency task force to investigate the growing number of accidents and incidents.  They don’t know why the massive in-ground tanks are leaking.

Between all the leaks more than 120 tons of contaminated water has spilled out.  The third pond was only 55% full when it started leaking.

 

International, U.S.

World War 3, East Asian Front: North Korea warns all foreigners in South Korea to leave! South Korea asks banks to suspend collection of debts from capitalist KIR companies!

09 April 2013 (02:11 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1391/29 Yi-Mao (2nd month) 4711

The Democratic People’s Republic of Korea is warning all foreigners in South Korea to prepare to evacuate: “The committee informs all foreign institutions and enterprises and foreigners including tourists in Seoul and all other parts of South Korea that they are requested to take measures for shelter and evacuation in advance for their safety.”-DPRK Asia-Pacific Peace Committee statement

In the Republic of Korea, the Finance Supervisory Service (FSS) has asked South Korean banks to hold off on collecting debts from the capitalist companies working in the now closed Kaesŏng Industrial Region (KIR).

 

 

Business/Economics, Idaho, U.S.

World War 3, Economic Front: List of U.S. job losses & store closings for 21 February 2013. More health care layoffs! More video game makers make cuts! No more Rold Gold? More cuts to education! California still getting hit!

Texas based Advanced Living Technologies bankrupt. The non-profit nursing facility operator is in big debt.  Also, Dell computers announced undisclosed number of layoffs at their Round Rock, Texas, HQ.  An unnamed employee told local media at least 90 people were let go.

In Vermont, Grace Cottage Hospital to layoff 15 employees. Hospital officials blame the Obama/Romney Care cuts in Medicaid/Medicare payments.

Knott County, Kentucky, says they have to layoff 10 to 12 employees. County officials are blaming the Spotsplex, which is costing taxpayers $400000 USD per year.

In Florida, government contractor Predator Systems being closed down by new owners Curtiss-Wright.  20 people already laid off, another 25 will be let go by the end of the year.

In Louisiana, Libbey Glass laying off 200 people!   The company decided to end production of specific glassware, and move other production to Ohio and Mexico.

Video game maker, EA, announced an undisclosed amount of layoffs, to affect operations in California, Canada and “smaller locations”.

Another video gamer maker, IGN, also announced an undisclosed amount of layoffs.

Denmark based Vestas laid off at least 100 people working at their Colorado factories. The wind turbine maker blamed it on changes to federal tax codes.

BioFuel Energy laying off 40 people at its ethanol plant in Minnesota.  They actually stopped ethanol production at that specific plant in September 2012, but hope to re-start by the end of the year.

Grocery store, Giant Eagle, cut 75 jobs, mainly at their Pennsylvania HQ.  The privately held company is trying to reduce operating costs.  And after 35 years, Sneaky Pete’s closed in Ardmore.  The owner said the signs of the economic times indicated it was time to retire.

General Electric announced they are planning even more layoffs, and the sale of what’s left of their share of NBCUniversal.

In Canton, Ohio, Frito-Lay laid of 12 employees, and cut the hours for 15 other employees, at their Rold Gold Pretzel factory.  Reports say pretzel sales are crashing.

In Michigan, 840 people were told to get ready to look for new jobs! The Journal Register, which publishes newspapers in ten states, is about to be sold off on 17 April (to evil 21st CMH Acquisition). In Plymouth, Isabelle’s Copper Pot shut down.

In New York, Spotlight Newspapers ended two county editions. The publisher blamed increasing small business regulations.  And bus company Canal Escort no longer exists after a strike by employees.  Nearly 100 people out-o-work!  Company officials claim they lost their Department of Education contract because of the strike. One official was rather rude to the former employees: “This union thinks they can tell me what to do? They can go f-ck themselves!”-Joseph Fazzia

Grayslake Elementary District 46, in Illinois, to layoff 17 employees.  Officials say the district is short $2.2 million!

In California, Oroville City Elementary School District laying off six people. Blames declining enrollment and funding. In Westlake Village, Safeguard Properties closing its office and laying off 82 employees. Safeguard is also laying off 168 employees in San Bernardino. The company blames the layoffs on their takeover of some Bank of America operations. In Paso Robles the Wilson’s restaurant closed down. It first opened in 1948, and the owners want to retire.   And the Hollywood Park Casino might be closing in Inglewood (pending a decision by state officials).  600 employees affected!  In Nevada City, the Trolley Junction Restaurant closed down, 20 employees let go.

Indiana’s Cequent Performance Products factory, in Goshen, moving to Mexico. 350 employees affected!

In Oregon, the Jackson County Sheriff’s Department laid off 66 people.  Reports say its because of contract disputes.  And all five Old Farmhouse restaurants closed down. The owner blames himself for trying to expand his operation too fast on too little money.

Wholesale Sports closed stores in Spokane, Washington, and Coeur d’Alene, Idaho.  75 people out-o-work.  Blame it on California based real estate investment company Alamo Group.

In Virginia, Reston shoe store, Footsteps, closed down. The owner blamed it one the high rent.  He said if could find a more affordable location he will go back in business. And the Hoppy Dog gourmet food store in Richmond closed.  The owners said they wanted to pursue other interests.

Mexican-Italian restaurant, Chisme, closed down in Valley Junction, Iowa.  The owner simply said “everything happens for a reason.” And Planned Parenthood said they were closing two Iowa clinics, no reason given.

In Tennessee, the Archiver’s scrapbook store out-o-business. Reports say it was the last scrapbook store in Memphis.

Hilton is closing their Paradise Landing indoor waterpark in Wisconsin.  Hilton officials say they want something more upscale, but haven’t come up with anything so far.

International, U.S.

World War 3, Africa Front: Obama increases military aid and troops for Somalia, I mean Horn of Africa!

09 April 2013 (00:16 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1391/29 Yi-Mao (2nd month) 4711

“The United States is committed to being a long term partner in assisting the defense forces in Somalia to become professional military forces.”-Caitlin Hayden, National Security Council spokeswoman

U.S. President, and peace prize winner, Barack Obama has just authorized the increased shipment of military aid to Somalia, at the taxpayers expense of course.

The United States pushed for the end of a 1992 arms embargo against Somalia, just so we could provide them free weapons.  Since 2007 U.S. taxpayers have been forced to fork over $133 million USD in military assistance to the pro-U.S., anti-Muslim government.

In January 2013 the United States officially recognized the anti-Muslim government of Somalia.  It was at that time that Obama revealed that U.S. forces helped France in its failed attempt to rescue hostages in Somalia.

In June 2012, Somali military officer, Abdiwahab Mohamed Ali, told regional media sources that the U.S. had 390 personnel incountry, training anti-Muslim forces.   The U.S. military has been avoiding using the term ‘Somalia’, instead referring to their secret Area of Operation (AO) as Horn of Africa.

It was recently revealed that two units of the Indiana National Guard were to deploy to Somalia, oh, I mean Horn of Africa.  Reports said they had been training for two years for the deployment.  Because the U.S. Army realized it’s much, much cheaper to use Regular Army (RA) soldiers instead of state militias, the Indiana deployment was canceled in favor of active Army units.

The ‘Horn of Africa’ (Somalia, Djibouti and Ethiopia) AO, as well as other African AOs, are considered part of the Operation Enduring Freedom mission in the Asian country of Afghanistan.

The U.S. Marine Corps has been training Ugandan troops for deployment to Somalia.  The USMC is helping build up forces from African countries for the Combined Joint Task Force-Horn of Africa mission.

The U.S. has also made two other Horn of Africa countries, Djibouti and Ethiopia, home bases for U.S. drones (UAVs).

International, U.S.

World War 3, East Asian Front: NATO threatens North Korea! South Korea issuing survival manuals for people living along the border! North Korea to conduct nuclear test on Wednesday!

09 April 2013 (23:29 UTC-07 Tango 06 08 April 2013)/28 Jumada l-Ula 1434/20 Farvardin 1391/29 Yi-Mao (2nd month) 4711

“North Korea’s rhetoric, attitude and actions are provocative. North Korea’s actions pose a threat to regional and international security. They’re irresponsible; they are in defiance of the international community. So I have a very clear message to North Korea. Stop what you are saying. Stop what you are doing.”-Anders Fogh Rasmussen, NATO Secretary General

South Korea is not a member of NATO, but is an associate, having sent troops to Afghanistan as part of the U.S. led ISAF/NATO occupation.

The warning from NATO came as the Democratic People’s Republic of Korea announced a ballistic missile test for 10 April 2013.  Analysts think it is one of North Korea’s new untested medium rang ballistic missiles (BM25 Musudan).

“Any future nuclear test or missile launch would be in direct violation of UN Security Council resolutions, and would lead to further pressure and isolation.”–Patrick Ventrell, U.S. State Department spokesman

The Republic of Korea is also issuing survival manuals to South Korean residents living along the 38th parallel.

In the city of Goyang, 50000 manuals with instructions and maps showing air raid shelters were distributed.  More manuals were posted at bus stops.

The survival manuals also contain instructions on what do to in the event of nuclear, biological or chemical (NBC) attacks.

 

Business/Economics, International, U.S.

World War 3, East Asian Front: North Korean KIR statement!

The Korean Peninsula has been put in the state of war due to the serious anti-DPRK moves of the U.S. and south Korean authorities and their moves for a nuclear war.

Not content with escalating military tension together with the U.S., the south Korean conservatives, in particular, are running the whole gamut of intrigues to find a pretext for igniting a war against the DPRK after reducing the Kaesong Industrial Zone to a theatre of confrontation.

Defying the repeated warnings of the DPRK, the south Korean confrontation maniacs are letting loose a string of invectives hurting the dignity of the DPRK, talking about “source of money”, “detention” and “hostages”. South Korean Defense Minister Kim Kwan Jin revealed his sinister intention to introduce a special unit of the U.S. forces into the zone, vociferating about an operation for “rescuing hostages”.

This goes to prove that the south Korean warmongers seek to turn the zone into a hotbed of war against the DPRK.

By origin, the zone was built as a symbol of reconciliation, cooperation and reunification after the DPRK granted a privilege to Jong Ju Yong, honorary chairman of Hyundai Group of south Korea, valuing his patriotic will for reunification.

The DPRK’s offer to south Korean enterprises a vast area near the Military Demarcation Line where armed forces of the north and the south are standing in acute confrontation was a bold decision based on ardent love for the nation and compatriotism and a manifestation of the firm will for independent reunification, peace and prosperity based on the spirit of “By our nation itself” clarified in the historic June 15 North-South Joint Declaration.

When traitor Lee Myung Bak did serious harm to the inter-Korean relations in all aspects, getting hell-bent on confrontation after coming to power, the zone remained unaffected by it thanks to the desire and will of all Koreans in the north and the south for reunification and kept its operations for common prosperity.

But the zone is now in the grip of a serious crisis.

The zone, a product of the June 15 joint declaration, has been reduced to a theater of confrontation with fellow countrymen and military provocation, quite contrary to its original nature and mission due to such hideous confrontation maniacs as Kim Kwan Jin. This situation can no longer be tolerated.

The south Korean conservative forces claim that the DPRK will never give up the zone as it benefits from the industrial zone, but it gets few economic benefits from the zone while the south side largely benefits from it.

The DPRK provided an area of military strategic importance to the south side, in particular. This meant a big concession.

It is a tragedy that the industrial zone which should serve purposes of national reconciliation, unity, peace and reunification has been reduced to a theatre of confrontation between compatriots and war against the north. The existence of such zone is no better than nothing.

The DPRK is compelled to make an important decision related to the issue of the industrial zone now that the south Korean authorities abuse the generosity and compatriotism of the DPRK for their hostile purpose.

Upon authorization, I declare the following important steps as regards the crisis in the Kaesong Industrial Zone:

1. The DPRK will withdraw all its employees from the zone.

2. It will temporarily suspend the operations in the zone and examine the issue of whether it will allow its existence or close it as the south Korean authorities and military warmongers seek to turn it into a hotbed of confrontation between compatriots and war against the DPRK, hurting its dignity.

The General Bureau for Central Guidance to the Development of the Special Zone will be responsible for the working matters related to the important steps including the withdrawal of the employees and the temporary suspension of the operations in the zone.

How the situation will develop in the days ahead will entirely depend on the attitude of the south Korean authorities.
Kim Yang Gon, secretary of the Central Committee of the Workers’ Party of Korea