Tag Archives: banks

Business/Economics, U.S.

What Economic Recovery? List of U.S. job losses & store closings for 20 February 2013: More health care cuts! Tens of thousands more laid off! More cuts for California!

The U.S. Army announced it will layoff 122063 civilian workers!!! Most of those layoffs will affect the states of Texas, Virginia, Alabama, Pennsylvania and California.

In Florida, the Army Navy Surplus Market in Tampa closed down. The store had been in business for 75 years. The owner retired.  In Jacksonville, Beaches Wings and Grill closed own, without notice and without explanation.

In Oregon, the Silverton Hospital laid off nine employees in their new cath lab: “People aren’t really using cath labs anymore because there are really good medications you can take, or insurance are now requiring that a patient take those medications prior to having a stent or going to the cath lab.”

In Maine, Franklin Memorial Hospital laid off 40 employees. They blame it on the fact the hospital is losing money.

In New York, 230 people were told they are about to lose their jobs! The Journal Register owns several newspapers that are about to be put out of print because of a takeover by 21st Century CMH Acquisition.  In Auburn, the Daikin McQuay heating and air conditioner factory announced they will shut down in 2014. 352 employees affected! The company is moving operations to Tennessee. New Hampshire based Vette Thermal to layoff 84 people in Ontario. They want to move operations to New Hampshire.

In Texas, NRG let go a total of 116 people in Houston! It’s the result of their merger with GenOn.  Between the two companies at least 500 people will be laid off!  Also in Houston, Sawyer Park sports bar closed. Local media say the bar lost business after fighting incidents and claims of racism.

Semiconductor maker Intersil laying off at least 18% of its employees.  Company officials said they needed to make their “customers” happy.   They probably mean their stockholders.

In Ohio, the Upper Arlington school district needs to cut $3 million USD from its budget, so that means layoffs. At least 52 employees will be affected.

In California, the Paradise Unified School District laying off nearly 15 employees. Declining enrollment and funding being blamed. In Rosemead, Bahooka tiki themed restaurant closed down. Apparently the new owner didn’t like the tiki theme. And the Buenas Vidas Youth Ranch closed down due to lack of funding.

Mexican owned DAK Americas closing its North Carolina factory.  600 employees affected!  Apparently the monomer, resin and fiber maker does not want to pay to upgrade the aging factory.

In Illinois, Helix Camera closed down after 49 years in business. The owner said his wife threatened him with divorce if he didn’t retire.  He also blamed the digital age.

Texas based CiCi’s Pizza closing their Cedar Rapids, Iowa, restaurant.  The owner of the franchise quit.

The Card Party store in Wayzata, Minnesota, closed down.  After seven years the owners says “It’s just not working out financially.”

Cheli’s Chili Bar of Dearborn, Michigan, closed down. The owners didn’t give an explanation.

Whitley Products laying off 86 people in Plymouth, Indiana. The company wants to close down their factory by May. In Evansville, the Showplace South second run movie theater out-o-business. The owners say they can’t afford to upgrade to digital.

In Charlottesville, Virginia, the Blue Ridge Eco Shop closed down. The owner said he could not renew the mall lease.

In Utah, the Dillard’s anchor store at the Cache Valley Mall gone for good.   Company officials told local media that they’re closing stores across the country because of crashing sales.

In Montana, another closing that the Christian god can’t stop. The Saint Paul Infant Center closed after 35 years of operations. Local media failed to explain why the Lutheran care center was closing.

 

 

International, U.S.

World War 3, East Asian Front: U.S. Forces Korea on high alert! South Korean officials cancel trip to Washington DC! China warns North Korea!

08 April 2013 (19:55 UTC-07 Tango 06 April 2013)/27 Jumada l-Ula 1434/19 Farvardin 1391/28 Yi-Mao (2nd month) 4711

“….He has asked the Senate Armed Services Committee, the House Armed Services Committee, and the House Appropriations Committee-Defense to excuse his absence until he can testify at a later date….”-USFK statement

U.S. Army General James Thurman, canceled his trip to testify before Congress, citing the fact that his U.S. Forces Korea (USFK) have been put on high alert.

Republic of Korea (ROK) Army General Jung Seung-jo, also canceled his trip to Washington DC, for similar reasons.

The Chinese President Xi Jinping, warned the Democratic People’s Republic of Korea not “…to throw a region and even the whole world into chaos…”

China’s Foreign Minister, Wang Yi, told UN Secretary-General Ban Ki-moon that China “…does not allow any troublemaking on China’s doorstep.”

International, U.S.

World War 3, East Asian Front: China warns North Korea!

07 April 2013 (01:33 UTC-07 Tango)/26 Jumada l-Ula 1434/18 Farvardin 1391/27 Yi-Mao (2nd month) 4711

China is warning Democratic People’s Republic of Korea to take care of Chinese embassy personnel.  This after North Korea suggested that various countries should get their embassy personnel out of the DPRK, in case of war.

The DPRK mentioned the date of 10 April in their suggestion.

Fukushima

Corporate Incompetence: More radiation water leaks at Fukushima Daiichi!

07 April 2013 (01:20 UTC-07 Tango)/26 Jumada l-Ula 1434/18 Farvardin 1392/27 Yi-Mao (2nd month) 4711

Just one day after finding a massive water leak, contaminated with strontium, Tokyo Electric Power Company reporting another one!

The newest leak is coming from another in-ground waste water holding tank/pool.  It’s a smaller pool, holding about 10000 tons of radioactive water.

Now TEPCo has to transfer water from two leaking pools.  They do not know why the pools are leaking.

Business/Economics, U.S.

What Economic Recovery? List of U.S. job losses & store closings for 19 February 2013: Proof that taxpayer funded casinos can’t save your economy! More health care jobs cut! Thousands more people losing their jobs!

Bissett Produce, in North Carolina, bankrupt.  The company was started in 1933, marketing mainly sweet potatoes.  Company officials blame declining revenues and increased debt. 40 to 100 employees affected.

Another video game company lays off employees. Activision laid off 30 people in California.  Because of the bad economy company officials plan on releasing fewer games this year. And reports that Nanosolar laid off 75% of its employees in San Jose. Company officials would only say “…the company is in a quiet period and will not be issuing any formal statements.”

Powell Steel, in Pennsylvania, bankrupt. Company officials blame declining revenues and increased debt.  They say they’re $6 million USD in debt. 75 employees affected.  Also, TE Connectivity laid off up to 80 employees. They plan on laying off up to 200 employees in the next few months! Company officials blame a decline in demand for electronics.  The city of Jeanette forced to layoff employees. The city is facing a budget shortfall of half a million dollars, and a court ordered settlement of $200000 after they dissed a resident over permits and taxes.

NewPage paper mill, in Wisconsin, laid off 300 people! Company officials blame the bad economy for a decline in demand for paper.  And Bergmann Pharmacy, in Middleton, closed down. A store manager said “Insurance reimbursements continue to decrease, and it’s become difficult to stay profitable with decreased reimbursements.”  (blame Obama/Romney Care)

Revel Casino, in New Jersey, threatening bankruptcy.  The casino has been open for less than 12 months.  It cost $2.4 billion to build ($300 million from state taxpayers!).  Reports say the casino ended last year with a loss, and is at least $1.5 billion in debt. Some blame Hurricane Sandy, but the casino is also facing lawsuits.

In Florida, Perry Hotel lays off 138 employees.  Company officials say it’s due to major remodeling of the hotel. STK Miami Service, which runs a restaurant in the hotel, laid off 84 employees.  And after 20 years the Georgio’s restaurant closing down in Tallahassee. The restaurant owner blamed the closing on the property owner.

In Tennessee, LifePoint hospitals warned of layoffs for its 29000 employees country wide!  LifePoint also revised its expected 2013 earnings downward.

In New York, Lakeside Hospital laying off at least 120 employees! The hospital is being restructured.  U.S. based military contractor, Dyncorp, laying off 150 people at Fort Drum!  The company is consolidating operations. And Kayex Crystal Growing Technologies factory, in Rochester, closing down in May. 65 employees affected. Company officials say the solar power market is crashing.

Another military contractor, General Dynamics, laid off 29 workers at a munitions factory in Ohio.  Also, Boardman’s Ice Zone ice rink closing down in May, due to lack of profits.

General Electric laying off 500 people at their Appliance Park in Kentucky!  GE blames the bad economy for a decline in refrigerator sales.

In Michigan, Demmer laid off 90 employees. Company officials blamed a slowdown in orders from the defense industry, oil/gas industry and commercial heavy fabrication. Old Navy closing a clothing store in Benton Harbor. In Jackson, the Granary restaurant closed down.

In Buckhead, Georgia, Lenox Square Grill closed down.

The Blue Wasabi Sushi & Martini Bar closed in the Hilton Village, in Arizona.

In Colorado, after 25 years Loveland’s Anthology Book store closed down. The owners said sales sucked: “You can’t run a bookstore if you’re not selling books.”-Stephanie Stauder

Another book store closing, in Indiana. Mudsock Books & Curiosity Shoppe closed because the economy sucks: “The money has flowed in the wrong direction for almost five years. We couldn’t seem to get the volume we needed, and never even broke even.”-Cindy Rushton

Also in Indiana, Bonnie & Clyde’s Soda Shop closed down. The owner was trying to purchase the building he was operating out of, but the deal fell through, and he said it wasn’t worth it to keep paying the rent.

In New Hampshire, Portsmouth’s Upper Crust pizza place out-o-business.

Germany company BASF, shutting down its Henderson, Nebraska, operation.  BASF is also ending operations in Iowa, Illinois and Minnesota.  The problem is the BASF plants were making a specific product that BASF was unable to find a marketing partner to sell them.

In Minnesota, the Saint Rose Christian school closing down.  The school’s pastor blamed it on declining enrollment and lack of funding from the church.

In Kansas, Zales Jewelers closed down in the Hutchison Mall.  No reason given.  Zales is based in Kansas.

Blockbuster video store revealed it will close at least 20 stores in Texas.

Alaska Communications ending operations in Fairbanks, although company officials claim they won’t layoff any employees.

Business/Economics, International

World War 3, East Asian Front: More capitalist companies shut down in the KIR! Capitalist employees claim they’ve not been forced to leave!

07 April 2013 (20:56 UTC-07 Tango 06 April 2013)/26 Jumada l-Ula 1434/18 Farvardin 1391/27 Yi-Mao (2nd month) 4711

The DPRK’s blockade of the Kaesŏng Industrial Region (KIR) is having an effect on the ROK capitalist companies operating there.

At this point four South Korean companies have had to cease operations. Three of them were involved with textiles, the fourth made machinery.

On Saturday a South Korean employee, who finally left the KIR, said he doesn’t recall hearing the North Koreans ordering him to leave:  “The security has tightened in the North, but I haven’t received any order to leave the complex. Our company is still in operation because we have some materials left. But in the next three to four days, we will probably reach a critical point.”-Kim Jin-ho

On Friday the estimated 53000 North Koreans working at the KIR refused to show up for work.  ROK officials say there is a little more than 500 South Koreans still working in the complex.

Fukushima

Radiation contamination continues in Japan, proof is in the pudding of sewage treatment plants!

06 April 2013 (13:12 UTC-07 Tango)/25 Jumada l-Ula 1434/17 Farvardin 1392/26 Yi-Mao (2nd month) 4711

The prefecture of Fukushima is revealing that the sludge generated at their sewage treatment plants continue to show radiation contamination.

At this point they have 68000 tons of radioactive sludge built up.  Other prefectures are reporting similar radioactive sludge.

This is proof the GE designed reactors at the Fukushima Daiichi power plant are still spewing radiation.

Fukushima Prefecture, along with Japan’s Environment Ministry, has installed an experimental sludge dryer, to speed up the evaporation of liquid from the sludge.
This will make it easier to store the dried hazardous material.

Business/Economics, International, U.S.

World War 3, Asian Front: U.S. occupation of Afghanistan; 05 – 06 April 2013. Mujahideen Spring Offensive escalating! U.S. Congress frees U.S. citizen arrested for corruption! Former Soviet soldier refuses to return to birth place!

06 April 2013/25 Jumada l-Ula 1434/17 Farvardin 1391/26 Yi-Mao (2nd month) 4711

U.S. led NATO troops and contractors killed. ISAF said: “Three International Security Assistance Force service members and two coalition civilians died following an improvised explosive device attack in southern Afghanistan today.”

In Zabul Province, a suicide bomber targeted a U.S. led provincial reconstruction team (PRT), and the local provincial governor.  The governor was not hurt, but his doctor, and at least three U.S. personnel and two foreign contractors were killed.  Five afghans wounded.  Later in the day U.S. Secretary of State, John Kerry, said a U.S. State Department female employee was among those killed: “I wish everyone in our country could see first-hand the devotion, loyalty and amazingly hard and hazardous work our diplomats do on the front lines in the world’s most dangerous places.”

In Helmand Province, Musa Kala District, 80 local cops/militia men joined the Mujahideen. The men went AWOL from their posts and approached the local Mujahideen for membership.  Their names were publicized.

05 April 2013/24 Jumada l-Ula 1434/16 Farvardin 1391/25 Yi-Mao (2nd month) 4711

In Balkh Province, Akhcha District, locals say U.S. forces kidnapped nine tribal elders in a daring helicopter raid. They said the elders were driving to a meeting in Shubr Ghan District when several helicopters landed around their vehicle.

In Logar Province, Baraki Barak District, Mujahideen ambushed a U.S./NATO led foot patrol.   Mujahideen retreated when attack helicopters showed up.

In Kunar Province, Noorgal District, Mujahideen ambushed a U.S.-NATO/Afghan patrol. Another U.S.-NATO/Afghan unit arrived to join the fight. One U.S.-NATO troop killed. One Afghan National Army (ANA) troop killed. One Mujahid wounded.

In Kandahar, Panjwai District, Mujahideen say they led a U.S./NATO unit into a booby trapped compound near a cemetary. They say after the explosions three medivac helicopters were seen rescuing the occupying troops.

In Uruzgan Province, Char Chino District, three ANA officers joined the Mujahideen.

In Nangarhar Province, Khogiyani District, five policemen were killed or wounded while they were trying to diffuse a landmine.

Afghan police arrested a U.S. citizen on corruption charges.  U.S. Congressmen intervened and got the guy freed.  The corrupt U.S. Congressmen now want legal action against cops who arrested him: “Those who unlawfully detained him need to be held accountable, especially given that this occurred at the hands of those who are supposed to be our ally.”-Scott Rigell, U.S. Representative from Virginia

Study after study (including those being done by the U.S. government) shows the majority of corruption is being done by the hands of U.S. military and contractors. More than 100 U.S. citizens have been quietly prosecuted by the United States.

Recently a former Soviet soldier, missing in action for 33 years was found.  Now the Warriors-Internationalists Affairs Committee says they’ve tried to help him return to his native Uzbekistan, but he refuses (even though he cried when he heard his brother’s voice on a recorded greeting).  He says he was rescued by Afghans after his Soviet unit was ambushed and he was wounded.  A local village took care of him and he decided to stay. He says he’s been treated better by Afghans: “I have spent most of my life here, there’s nothing to talk about.”

Deputy U.S. ambassador in Afghanistan, Hugo Lawrence, told the local media that an “important decision” regarding the U.S. occupation of Afghanistan will be made, but added “United States of America will remain committed towards the security pact between Kabul and Washington and we emphasize that the pact will prove better for the national interest of the two nations.”

Fukushima

Corporate Incompetence: Strontium leaking in Japan!

06 April 2013 (02:00 UTC-07 Tango)/25 Jumada l-Ula 1434/17 Farvardin 1392/26 Yi-Mao (2nd month) 4711

Tokyo Electric Power Company (TEPCo) reports a strontium leak around the GE designed disaster reactors at Fukushima Daiichi.

TEPCo says they discovered a large inground waste water holding tank/pool is leaking.  The water is contaminated with deadly strontium.  So far 120 tons of water has leaked out.

They are now transferring the water into other tanks.  As usual, TEPCo does not know why the tank is leaking.

International, U.S.

World War 3, Leviathan Front: Russia sending warships to “defend their interests”!

06 April 2013 (01:53 UTC-07 Tango)/25 Jumada l-Ula 1434/17 Farvardin 1391/26 Yi-Mao (2nd month) 4711

A Russian fleet has just passed India, on its way to the Mediterranean Sea. This after the ECB and IMF took over Cyprus with a bailout that is raiding bank accounts and keeping Russia from taking part in the Block 12 Aphrodite gas fields in the Levant Basin.

Russia also maintains the port of Tartus in Syria.

On 11 March 2013, Russian media revealed that orders were given to create a permanent naval force in the Mediterranean, for the purpose of defending Russian interests: “The defense minister has ordered us to form a task force that will operate in the Mediterranean Sea on a permanent basis.”-Admiral Viktor Chirkov

The new Mediterranean Fleet is being built up with ships from the Russian Pacific Fleet.

the war in Syria, and in Lebanon, is about Leviathan’s petroleum!