Tag Archives: debt

International, U.S.

World War 3, West Asian Front: Turkish official says U.S. backed insurgents used chemical weapons! Turkey mobilizes military troops for war!

07 September 2013 (04:35 UTC-07 Tango)/02 Dhu ‘l-Qa’da 1434/16 Shahrivar 1391/03 Xin-You (8th month) 4711

“Four months ago, Turkish security forces found a two kilogram cylinder with sarin gas after searching the homes of Syrian militants from the al-Qaeda and al-Nusra. They are using our borders to take the gas into Syria.”-Mohamad Gunes, former city councilman

“America and Israel had al-Qaeda use chemical weapons in order to push us into war.  None of us wants war here! In the history of Hatay, we all lived peacefully side by side, now there is Mossad, CIA and al-Qaeda all over the place. We are worried that they might use chemical weapons against us.”-Farid Mainy, resident of Hatay

Turkish TV news reports showed convoys of wheeled army vehicles heading towards two locations along the border with Syria.  The reports also said that six military field hospitals were set up.

Reports said among the vehicles were NBC (Nuclear Biological Chemical) detection vehicles.  I also identified tactical recon, radar equipped and anti-aircraft vehicles armed with heat seeking Stinger or Sidewinder type missiles.

Business/Economics, U.S.

World War 3, U.S. Economic Front: Another study shows dumb ‘mericans are like frogs in boiling pots! Youth are income delusional!

06 September 2013 (15:14 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1391/02 Xin-You (8th month) 4711

“We’re in an income depression. Incomes have been flatlined for a very long time.”-John Coder, Sentier Research

Recently Gallup conducted a survey to see how much money most people in the U.S. think they make.  58% said they are making more money now than five years ago!

A study by Sentier Reseach (Household Income On the Fourth Anniversary of the Economic Recovery: June 2009 to June 2013) says yes and no.  It depends on who you are.

Lets break down the study’s government supplied data:  Since the official ‘end’ of the recession in 2009, incomes of people with no more than a high school education actually dropped 9.3%.  The average person with a two year college degree saw a drop of 8.6%.  People with four years of college saw an income drop of 6.5%.  People living in the West, South and Northeast are experiencing reduction in average incomes.

So actually most working age people in the U.S. are making less money than they did at the official end of the Great Recession, just four years ago!

Who saw an increase in income?  People ages 65 to 74 saw an increase of 5.1%.  People 75 years or older had no change in income levels.  People living in the Midwest (and still employed) had no change to average incomes.

The recent Gallup survey also showed 46% of people said they were making less money, and 18% claimed no change in their incomes.

The Sentier report and the Gallup poll shows that young ‘mericans are the dumbest frogs in the slowly boiling over pot.  Gallup reports that 55% of young adults think they’re making more money now, yet, the Sentier study shows that average incomes for people under age 25 dropped 9.6%.  Incomes dropped 4.5% for people 25 to 34 years old.  Clearly the young adults of America are income delusional.  Researchers say this is because young workers have yet to develop the ability to gauge the affects of inflation on their incomes (basically when they get a piddly pay raise they think they’re makin’ big money).

Business/Economics, U.S.

World War 3, U.S. Economic Front: Expert study says economic life will suck in the U.S. until the year 2050!

06 September 2013 (14:45 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1391/02 Xin-You (8th month) 4711

A Cornell University economist, Richard Burkhauser, and economist Jeff Larrimore, of the Congressional Joint Committee on Taxation, say the average paychecks are going to remain low for at least the next 30 years!

The Russel Sage Foundation will publish the complete study soon.  It’s part of their U.S. 2010 project, in conjunction with Brown University.

The income trends study looks at actual incomes from 1979 to now, then projects where they will be until the Gregorian year 2050.  The study is yet another confirmation that paychecks for the average person in the United States have been getting smaller, not bigger.  (the IRS has confirmed this with its own studies based on tax returns)

The study warns that things are going to get worse for Blacks and Hispanics.

 

Business/Economics, International, U.S.

World War 3, Economic Front: G20 admits economic recovery failure! Wants new global tax! NSA spying just part of new global government personal data mining!

06 September 2013 (13:12 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1391/02 Xin-You (8th month) 4711

“Global growth prospects for 2013 have been marked down repeatedly over the last year, global rebalancing is incomplete, regional growth disparities remain wide, and unemployment, particularly among youth, remains unacceptably high. Despite our actions, the recovery is too weak, and risks remain tilted to the downside. In the last months financial market volatility has increased.”

“We welcome the establishment of the G20/OECD BEPS project and we encourage all interested countries to participate. Profits should be taxed where economic activities deriving the profits are performed and where value is created. In order to minimize BEPS, we call on member countries to examine how our own domestic laws contribute to BEPS and to ensure that international and our own tax rules do not allow or encourage multinational enterprises to reduce overall taxes paid by artificially shifting profits to low-tax jurisdictions. We acknowledge that effective taxation of mobile income is one of the key challenges. We look forward to regular reporting on the development of proposals and recommendations to tackle the 15 issues identified in the Action Plan and commit to take the necessary individual and collective action with the paradigm of sovereignty taken into consideration.”

“We commend the progress recently achieved in the area of tax transparency and we fully endorse the OECD proposal for a truly global model for multilateral and bilateral automatic exchange of information. Calling on all other jurisdictions to join us by the earliest possible date, we are committed to automatic exchange of information as the new global standard, which must ensure confidentiality and the proper use of information exchanged, and we fully support the OECD work with G20 countries aimed at presenting such a new single global standard for automatic exchange of information by February 2014 and to finalizing technical modalities of effective automatic exchange by mid-2014. In parallel, we expect to begin to exchange information automatically on tax matters among G20 members by the end of 2015. We call on all countries to join the Multilateral Convention on Mutual Administrative Assistance in Tax Matters without further delay. We look forward to the practical and full implementation of the new standard on a global scale.“

“We recognize the importance of all countries benefitting from greater tax information exchange. We are committed to make automatic exchange of information attainable by all countries, including LICs, and will seek to provide capacity building support to them. We call on the Development Working Group in conjunction with the Finance Track, to work with the OECD, the Global Forum and other IOs to develop a roadmap showing how developing countries can overcome obstacles to participation in the emerging new standard in automatic exchange of information, and to assist them in meeting the standard in accordance with the action envisaged in the St Petersburg Development Outlook.”

“We welcome the progress achieved in developing policy recommendations for the oversight and regulation of the shadow banking system.”  Shadow banking can include those individuals who do not use banks and live off barter or cash only.  “We will ensure that this information is available in a timely fashion to law enforcement, tax collection agencies and other relevant authorities in accordance with the confidentiality legal requirements, for example through central registries or other appropriate mechanisms.”

“We support the ongoing efforts in the UN for the elaboration of the post-2015 development agenda.”

 

 

Fukushima

More Fukushima Fallout: Japan misleads with latest radiation report! TEPCo so incompetent it must be ‘taught’ how to measure radiation!!!

06 September 2013 (12:40 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1392/02 Xin-You (8th month) 4711

“Technical advisors employed by the NRA have been working on teaching TEPCo the way of radiation monitoring and advising TEPCo to map an on-site radiation distribution.”-Nuclear Regulation Authority report, 05 September 2013

Japan’s Nuclear Regulation Authority (NRA) announced that it has finally begun to take part in regular safety inspections at Fukushima Daiichi, on 04 September 2013, more than two years after the nuke melt downs began!

The NRA has also released Pacific Ocean contamination data, collected by Tokyo Electric Power Company over the past six months.  However, when you realize how the two major North Pacific Ocean currents work, you’ll realize the collection points are fallacious.

TEPCo collects ocean water samples at two dubious points; along the coastline north of Fukushima Daiichi, and along the coastline south of Fukushima Daiichi.

Collection point north data shows cesium 137 (Cs-137) hit 3.3 becquerels per liter in June, and tritium (H-3) hit 8.6 becquerels per liter, also in June.  Collection point south data is considered “under limit of detection”, which does not mean there is no radiation, it means it’s at a level officials believe is safe.

Collection point north is 30 meters (98 feet) from the cooling water outlet for Reactors 5 and 6.  Back in 2011 the public was told those reactors were OK, but, they were suffering cooling problems as well.

Collection point south is 1.3 kilometers (0.8 mile) from the cooling outlet for Reactors 1, 2, 3 and 4.  Reactors that are in slow burn melt down.

These reported radiation levels are perplexing to me because it seems the groundwater under Fukushima Daiichi is reported to have much higher levels of contamination, and it’s pouring right into the Pacific Ocean.  This brings me to my point: TEPCo’s collection points are bogus.

The collection points are north and south of the reactors, but, the contaminated groundwater flows out northward at first, then eastward to Canada and the United States.   This is due to the convergence of the North Pacific Ocean’s main current called Kuroshio (Black Current or Black Tide) coming up from the south, and the Oyashio (Parental Current or Parental Tide, aka Kurile Current) coming from the north.  They converge, conveniently, at Hokkaido and the north eastern end of Honshu (where Fukushima Daiichi is).

This northward then eastward flow of water, from Fukushima Daiichi, could explain why radiation levels at the southern collection point are lower than the northern collection point.  Also, collection point south is too far away from the disaster site to affected by the contaminated groundwater anyway!

Collection point north, while almost 100 feet from the site, could still be far enough away from where the aquifer is entering into the ocean.  Both northern and southern collection points are outside the man made breakwaters along Fukushima Daiichi’s Pacific front.  The northern collection area is actually blocked by the northern breakwater.

Independent testing done by individuals and NGOs, at places like the mouths of rivers flowing into the ocean, and further out to sea, shows radiation levels are much higher than what TEPCo has been reporting.   Now that the NRA is in charge will we get more accurate reports?

 

 

International, U.S.

World War 3, West Asian Front: Russian officials offer to meet with U.S. officials, U.S. officials say Nyet! Putin flat out calls Kerry a liar!

06 September 2013 (02:26 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1391/02 Xin-You (8th month) 4711

“The speaker has declined the Russian embassy’s request that he meet with a delegation.”-spokesperson for Congressman John Boehner

Russian Parliament members offered to meet with U.S. Congress members, as soon as this Sunday, to avoid a major war over Syria.  U.S. officials refused!

Russian President Vladimir Putin said Obama regime stooge John Kerry flat out lied about al Qaeda in Syria: “They lie, plainly. I watched the Congressional debate. A congressman asked Mr. Kerry ‘Is there any al Qaeda? There are reports they have been growing stronger.’ [Kerry] replied, ‘No. I say with all responsibility: there is no [al Qaeda] there.’ Well, [Kerry] is lying. And he knows that he’s lying.”

There are several U.S. backed insurgent groups in Syria that have stated many times they are with al Qaeda.  They’ve also stated that they get paid and armed by the U.S. government (your tax dollars at work).  These guys have even posted video on the internet making those claims.  Read the latest New York Times article on just who the real bad guys are in Syria.

Fukushima

More Fukushima Fallout: Korea enacts Japanese fish ban! Demands testing on other food products!

06 September 2013 (02:06 UTC-07 Tango)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1392/02 Xin-You (8th month) 4711

“The measure comes as our people’s concerns are growing over the fact that hundreds of tonnes [metric tons] of radiation contaminated water leak every day from the site of Japan’s nuclear accident in Fukushima. The government has concluded that the information provided by Japan so far has failed to make it clear how the incident will develop in the future. Under the new measure, all fisheries products from this region will be banned regardless of whether they are contaminated or not!”-South Korea’s Ministry of Oceans and Fisheries

Republic of Korea has banned fish from eight of Japan’s Pacific coast prefectures: Fukushima, Ibaraki, Gunma, Miyagi, Iwate, Tochigi, Chiba and Aomori.

Korea is also asking for radiation test certificates on not just fish products, but dairy and other food products from Japan.

Business/Economics, Idaho

World War 3, U.S. Economic Front: Job losses & store closings 05-08 July 2013. California hit hard again! More health care cuts! More greedy landlords!

In Tennessee, Vanderbilt University Medical Center laid off an undisclosed amount of employees.  Hospital officials blame “unprecedented financial challenges” on the Obama/Romney care (2010 Patient Protection and Affordable Care Act).

Eastern State Hospital laid off at least 65 people in Kentucky.  It’s a result of a change in who runs the state hospital.

200 people lost their jobs with the Kansas Department for Children and Families.  Kansas privatized their child support enforcement.

Rock Tenn closed in Wisconsin.  60 people unemployed.

In Illinois, the Martin George culinary antique store closed after only one year in business.  The owner is switching to internet sales only.   The Competitive Foot closed in LaGrange.   The store opened in 1974 and was the “first athletic shoe store in Illinois”.  The owners are focusing on one store now.

Linens-n-More closed in Niles, Ohio.  Company officials did not give an explanation.  In Lakewood, Tess’ Tender Touch closed after less than a year in business!  The owners blame the greedy landlord: “We just simply cannot afford the rent any longer.  I am very sad as I poured my heart and soul into it.”-Theresa Ferline-Carr

The Kellogg Municipal Liquor store shut down in Minnesota. It’s blamed on the bad economy, they can make more money renting out the building or even selling it.

In Nebraska, Dietze Music shut down their original 87 years old store in Lincoln.  Company officials blamed competition and themselves: “We either have a lot of stamina or are really stupid. It had worked for us until the competition got more and more, including our own competition.”-Tim Pratt

In Massachusetts, Mid-Cape Home Centers Design Showroom closed in Hyannis.  The owners blamed it on a bad location, and the fact that design centers don’t make enough money, even Home Depot stopped their design center scheme a few years ago.

Historic WBAI, broadcasting from atop the Empire State building in New York City, going out-o-business?  80% of employees were laid off!  Company officials blame it on their unionized workers.  The Golden Eagle Artist Supply store closed in East Hampton, after more than 50 years of  service.  Store owners said the evil property owner rented the building out to another tenant, without notice to them!  The New York Foundling closed.  34 people laid off.  In Astoria, Anchor Tank Lines shut down.  67 people unemployed.  After 40 years of business the Hampton Bays Hallmark store closed.  The owner blamed the bad economy and greedy landlords: “Our lease was up and we couldn’t afford the increase.”-Frank (refused to give last name)

In New Jersey, The Press of Atlantic City Media Group laid off 43 employees.

In Connecticut, Brookfield Craft Center closed after almost 60 years of service. Declining funding is blamed on the bad economy.

In Pennsylvania, Waterloo Gardens closed in Exton. The 71 years old gardening and landscaping center went bankrupt, the owners blame it on their evil bank.   After 80 years, Mt. Oliver Men’s Shop closed down!  The current owner said the store survived the Great Depression, but not this bad economy: “I thought the next year would be better. This store made it through the Depression. But then I had another bad year, and I couldn’t restock because everyone wants paid up front.”-Ralph Woods

Chenega Aerospace closed in West Virginia.  128 people out-o-work!

In Arkansas, Hewlett Packard laid off 500 people, a little less than half of the employees at the Conway HP call center!  HP is “restructuring” its call center operations.

In Frisco City, Alabama, Standard Furniture shut down.  157 jobs lost!

After 40 years, the Lollipop Shop children’s clothing store in Greensboro, North Carolina, shut down.  The owner blamed the bad economy.

Barnie’s Coffee & Tea closed in Florida.  The owner is moving to a new location and changing the name.  Liberty Medical Supply laid off another 211 employees!

After more than 50 years in business, Play It Again Sports closed in Aberdeen, South Dakota: “Our closing is a sign of the times. Smaller sporting goods stores have a hard time making it.”-Chad Masters, owner

In Montana, the Copper Colander kitchen supply store closed down.  The owner was trying to sell the business, but there were no buyers.

In Twin Falls, Idaho, Nazzkart go-cart racing center shut down.  The operator was given the chance to buy the property but couldn’t, so the property owner sold it to someone else.

SolarWorld Industries America laid off 100 employees in Oregon!  This despite Qatar investing $50 million USD into the company.  Company officials blame their losses on competition from Chinese made solar power products, even though the Obama regime imposed outrageous tariffs on Chinese products.  Xerox shut down call center operations in Coos Bay and North Bend. 300 jobs lost!

In Riverside, California, Monograms Etc closed after 30 years in business.  The store owners blame it on the Utah based property owners, who jacked up the rent, and is selling the building off anyway!  In San Diego, Health Net laid off 33 people.  And evil British empire BAE Systems laid off another 81 employees.  In Palm Springs, Hotel Zoso closed.  98 people unemployed.  In Simi Valley, Avnet Integrated laid off 108 people!  In Vernon, Pneumatic Scale Angelus closed, 111 jobs lost!

After two decades, Microsoft turning off MSN TV (aka WebTV).  Company officials blame new better ways to access TV shows on the internet.

Residential Capital, the mortgage lending unit of U.S. government owned Ally Financial, now bankrupt with at least $4 billion in debt.  U.S. taxpayers own about 75% of Ally Financial, a former General Motors company.  Ally still owes at least $10 billion to U.S. taxpayers.

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

International, U.S.

World War 3, West Asian Front: U.S. does not have global support against Syria! India, Brazil, South Africa & even the Pope join Russia & China against the U.S.!

06 September 2013 (21:45 UTC-07 Tango 05 September 2013)/01 Dhu ‘l-Qa’da 1434/15 Shahrivar 1391/02 Xin-You (8th month) 4711

“It is regrettable that, from the very beginning of the conflict in Syria, one sided interests [U.S./EU/Israel/Saudi Arabia] have prevailed and in fact hindered the search for a solution that would have avoided the senseless massacre now unfolding. To the leaders present, to each and every one, I make a heartfelt appeal for them to help find ways to overcome the conflicting positions and to lay aside the futile pursuit of a military solution.”-letter from Pope Francis to Russian President Vladimir Putin, on the opening day of the G20 meeting

At today’s G20 meeting in Russia, the members of the BRICS made it clear to the Obama regime they will not back the U.S. in an attack on Syria.  Brazil, Russia, India, China and South Africa can put their money where their mouths are, because they have money and the U.S. doesn’t!

For the past week Indian officials have been stating that a U.S. led war on Syria would be a disaster.  Chinese leaders say it would destroy the global economy (maybe that’s what the leaders of the cash strapped U.S. want?).

South African leaders hypocritically say nobody should get involved with regime change, even though South Africa has been led, by the U.S. Africa Command, into wars in neighboring African countries.

Brazilian officials said they would support a U.S. led attack on Syria, but only if it was sanctioned by the United Nations: “Force should be used only in self defense, as stipulated in the United Nations Charter, or under special authorization from a UN Security Council resolution….”-Luiz Alberto Figueiredo, Foreign Minister of Brazil

That’s not going to happen.  UN  Secretary-General Ban Ki-moon stated “There is no military solution.”  And reports say evil U.S. Ambassador to the UN, Samantha Power, has given up trying to convince the UN Security Council to vote for war.

International, U.S.

World War 3, West Asian Front: 10-thousand new volunteers to fight for Syria!

05 September 2013 (13:06 UTC-07 Tango)/29 Shawwal 1434/14 Shahrivar 1391/01 Xin-You (8th month) 4711

The Jerusalem Post, citing Kingdom of Saudi Arabia’s Okaz news source, says Hezbollah has trained 10-thousand new volunteers for the defense of Damascus, Syria!

Unnamed Hezbollah sources said they knew a U.S./Israeli/Saudi war on Syria was a done deal.  However, Hezbollah claims no major attack on Israel unless green lighted by Iran.