Tag Archives: economy

What Economic Recovery? Pocatello, Idaho, loses another business!

14 March 2013/02 Jumada l-Ula 1434/24 Esfand 1391/3 Yi-Mao (2nd month) 4711

Scott's Ski & Sports going out-o-business! This used to be an appliance/electronics store a while back. Scott's moved in from another location a few years ago.

Long time winter sports equipment supplier (as well as bikes and other sporting stuff) in Pocatello, Idaho, going out of business.  There’s currently no mention on their website, and so far no mention in the local media.

More proof Obama is in league with the Beast?

That no one may buy or sell again except one who has the mark of the name of The Beast or the number of its name.-Revelation 13:17, Aramaic Bible

The news source Reuters says they’ve seen a U.S. Treasury document that authorizes the CIA and NSA to have access to your bank account!

“The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens….”-Reuters

Up ’till now only the FBI had such access. The Central Intelligence Agency and the National Security Agency currently have to make case by case requests on specific accounts.

Officials with the Obama administration say allowing the CIA and NSA full and free access to your bank account is part of the War on Terror and is legal.

World War 3: Iran to stop exporting crude oil! More reasons for inflation!

We plan to get to the point where we would not need to export crude oil anymore…..it would be of great benefit to our country.”-Mahmoud Ahmadinejad, President of Iran

14 March 2013/02 Jumada l-Ula 1434/24 Esfand 1391/3 Yi-Mao (2nd month) 4711

Iranian leaders want to end their oil exports, as a way to guarantee self sufficiency, and counter economic sanctions by the West.

It’s estimated that if Iran builds more refineries to make fuel and petrochemicals for export, it can make three to four times more money than from exporting raw crude oil.  (this is exactly what the U.S. oil industry is doing, and the real reason why U.S. domestic fuel prices go up when U.S. oil prices have been relatively constant)

Domestically, it’s estimated that by producing more petrochemicals for Iranian industries as much as five times more money could be made: “The country’s oil industry has witnessed big developments, among them launching gasoline making unit of Abadan oil refinery. By launching the project the country no longer needs to import gasoline.”-Rostam Qassemi, Iranian Oil Minister

 

World War 3: Proof that China will not enforce sanctions against North Korea.

14 March 2013/02 Jumada l-Ula 1434/24 Esfand 1391/3 Yi-Mao (2nd month) 4711

Chinese media revealing that the Democratic People’s Republic of Korea (DPRK) has dozens of Chinese bank accounts under false names.

However, it’s highly unlikely the Chinese government will take action because it still supports North Korea: “Beijing would be reluctant to take action if the bank accounts were personal accounts of Kim Jong-un. Beijing is worried that it could damage personal ties with the North Korean leader.”-Du Jifeng, Chinese Academy of Social Sciences

World War 3: U.S. occupation of Afghanistan; 12 – 13 March 2013. Karzai says War on Terror is a lie! Russia captures 20 tons of drugs, proof the U.S. war on drugs is a big fail! U.S. official issues report to justify staying in Afghanistan! Rumors of major battle brewing! More rip offs for U.S. taxpayers!

13 March 2013/01 Jumada l-Ula 1434/23 Esfand 1391

In Badakhshan Province, reports of nearly 300 families fleeing their homes in Akshira village in Wardaj District.  Apparently Mujahideen are using the area to prepare for a major battle with U.S. led Afghan National Army (ANA).  Provincial government officials believe Mujahideen are about to launch an offensive to take control of at least four districts, including the province’s capital city.

In Kunduz Province, a suicide bomber killed as many as 20 people, and wounded 35, after he blew himself up at a sporting event.  Among those killed are the son and the father of the Afghan Speaker of the House.  Some reports suggest they were the target of the bomber.

In Baghlan Province, children were playing with what turned out to be unexploded ordinance (UXO).  The bomb went off killing six kids and wounding five. Local government officials say the bomb was left over from a recent battle.

In Helmand Province, unconfirmed reports that an explosion killed two U.S./U.K. led personnel. Also, President Hamid Karzai told University students and local elders that the U.S. led War on Terror is a lie, and that some Mujahideen are actually working for the United States!  He also stated that Afghanistan and Pakistan must unite in order to fight their own War on Terror.

In Nangarhar Province, 21000 kg (about 20 tons) of morphine and heroin was captured by Afghan and Russian forces.  It’s considered the biggest drug bust in years, and is proof that everything the U.S. has done to supposedly stop opium drug production has failed.

U.S. National Intelligence Director, James Clapper, told the U.S. Senate that Afghanistan was too unstable for U.S. forces to pullout: “the Taliban-led insurgency has diminished in some areas of Afghanistan but remains resilient and capable of challenging U.S. and international goals. The coalition drawdown will have an impact on Afghanistan’s economy, which is likely to decline after 2014.”

The German Development Bank just pledged $89 million USD for the construction of an electricity network in Balkh and Samang provinces, and the building of a dam in Baghlan Province.

12 March 2013/29 Raby’ ath-Thani 1434/22 Esfand 1391

In Kandahar Province, a U.S. helicopter crashed, killing five U.S. personnel. Mujahideen claim they hit the ‘copter with a rocket, but ISAF said: “The cause of the crash is under investigation, however initial reporting indicates there was no enemy activity in the area at the time of the incident.”

In Parwan Province, reports that U.S. Bagram air base was hit by rocket attacks.

In Helmand Province, in Khashin district five people were killed after they drove over a landmine. In Musa Qaleh district, a woman and two girls were killed when a mortar round hit their house.

Textron Marine & Land Systems announced they are being paid $113.4 million USD by the U.S. government, to provide Afghanistan with armored vehicles. The deal is being handled by the U.S. Army Foreign Military Sales (FMS).  The company is currently working to fulfill a 2011 U.S. contract for the same armored vehicles.

 

World War 3: Chinese media blames the United States for North Korea’s nukes! MacArthur’s legacy of elitism lives on.

13 March 2013/01 Jumada l-Ula 1434/23 Esfand 1391/2 Yi-Mao (2nd month) 4711

Finian Cunningham, writing for the China’s The 4th Media, pointed out that the push by the Democratic People’s Republic of Korea to develop nuclear weapons is the fault of the United States.

The editors of The 4th Media backed up Cunningham’s statements by referring to a 2010 Associated Press article, which was written after secret U.S. documents were released on the 60th anniversary of what could now be the First Korean War:  “From the 1950s’ Pentagon to today’s Obama administration, the United States has repeatedly pondered, planned and threatened use of nuclear weapons against North Korea, according to declassified and other U.S. government documents released in this 60th-anniversary year of the Korean War.”-Associated Press

Anyone who knows the history of First Korean War should know that ‘heroic’ U.S. Army General Douglas MacArthur was going to use nukes on the advancing Chinese, who were kicking ass all over the U.S. forces (the longest retreat in U.S. military history, caused because the arrogant MacArthur refusing to believe his own intelligence reports that said the Chinese were about to invade!). President Truman finally fired MacArthur, for continually disobeying the Commander in Chief’s orders.

By the way, America’s hero MacArthur (along with fellow American heroes, General George Patton and Major Dwight Eisenhower) once slaughtered  homeless/unemployed World War One veterans, and their wives and children,  in Washington DC. (officially; four dead, more than 1000 wounded)

Keep in mind the homeless/unemployed veterans were supported by retired USMC Major General Smedley Butler.

MacArthur, Patton and Eisenhower attacked unsuspecting veterans (who thought they were coming to support them), and their families, with bayonets and poison gas.  President Hoover ordered a halt to the attacks, but, in a portent of future behavior for MacArthur he ignored the President’s order.

After the fact MacArthur claims that he thought the homeless veterans were actually an invading communist army!  Later, as President, Eisenhower used the same commie threat excuse for ordering the overthrow of Iran’s first Democratically elected government in 1953!  Do the research, these guys are not heroes, they are arrogant elitists, and are part of the reasons countries like North Korea and Iran do what they do!

 

World War 3: U.S. occupation of Afghanistan; 09 – 11 March 2013. U.S. troops fail to follow Karzai’s orders! Attacks against U.S. forces in Maidan-Wardak increase, U.S. forces respond by shooting women & children! U.S. to erase drone strike data! Netherlands leaving!

11 March 2013/28 Raby’ ath-Thani 1434/21 Esfand 1391

In Maidan-Wardak Province, an Afghan National Security Forces (NSF) personnel shot and killed two U.S. SOF troops, and at least three fellow NSF members.  The shooter was also killed.  23 U.S. and Afghan personnel wounded. U.S. led forces then wounded two women and a child following the Green on Blue attack. U.S. forces also shot and killed two contracted vehicle maintenance employees as they were arriving for work. The Afghan Interior Ministry is protesting the killings. Some Afghans think it’s in retaliation for the Green on Blue attack.  Also, the deadline for U.S. SOF personnel to leave has expired and they have not left.  People in the province say they’re tired of constant home invasions, and random searches, shootings and kidnappings by the SOF troops. One man says one of his sons was kidnapped by SOF led troops three months ago, and he hasn’t been given any info about his whereabouts.  People are actually leaving the province because of the war crimes being committed by U.S. led forces.

In Farah Province, the provincial police chief said three people were killed by U.S. led drone (UAV) strike.  The target was a residence in Shivan area of Bala Buluk district.

USMC General, Joseph Dunford, responded to President Hamid Karzai’s claim that the U.S. was working with certain Mujahideen groups to keep Afghanistan destabilized, in order to justify keeping U.S. forces in country after the 2014 pullout:  “We have no reason to be supporting instability in Afghanistan.”

10 March 2013/27 Raby’ ath-Thani 1434/20 Esfand 1391

In Nangarhar Province, a major battle between U.S. forces and Mujahideen in Shegal Bazaar at Ajin district.  It began at 09:00 hours when Mujahideen ambushed a NATO convoy.  At one point air strikes were called in. Afghan government officials say at least four Mujahideen were killed, 16 people wounded including three women and two kids.  The battle was over by 18:00 hours.  No info on U.S./NATO casualties.

The U.S. Central Command says it will erase all drone strike data from their monthly air power reports.  U.S. military officials admitted the reason why was because the increased use of drone strikes was attracting too much attention.

President Karzai accused the U.S. and Mujahideen of collusion. He pointed out that they’ve been holding meetings in Qatar for awhile now.  He believes the U.S. is supporting some militant groups in order to keep Afghanistan unstable, so U.S. officials can justify keeping troops in the country after the 2014 pullout.  Shortly after Karzai’s comments U.S. Secretary of State, Chuck Hagel, canceled his press conference with Karzai.

09 March 2013/26 Raby’ ath-Thani 1434/19 Esfand 1391

In Khost Province, a suicide car bomber attacked a U.S./NATO/ANA convoy. Reports say nine people, including eight children, were killed.  Two kids wounded.

In Kabul City, a bomb went off killing 10 people and wounding several others: “We have got nine dead, all are civilians. Among the 10 wounded, two or three are personnel of the [Afghan] Ministry of Defense.”-Mohammad Daoud Amin, Kabul deputy police chief

U.S. forces have delayed the hand over of Bagram prison, again!  Now they say they will be able to handle the turnover later in March.  I guess they needed more time than they thought to cover up their crimes, after all, an unnamed U.S. official admitted they needed the delay to handle technical and legal issues.

Dutch Prime Minister, Mark Rutte, announced they will withdraw their police trainers earlier than planned.  He thinks the Afghan government is ready to handle things themselves: “We have decided to end the training mission on July 1.  The Afghans are ready sooner than planned to take responsibility for police training in Kunduz.”

World War 3: U.S. & South Korea responds to war threats by increasing sanctions against North!

11 March 2013/28 Raby’ ath-Thani 1434/21 Esfand 1391/30 Yi-Mao 4711

Both the United States and Republic of Korea (ROK) have imposed new economic sanctions against the Democratic People’s Republic of Korea (DPRK).  The United Nations is already working on more sanctions.

President Barack Obama has added the Foreign Trade Bank of North Korea to sanctions.  This means the bank can not continue transactions with U.S. banks. It also includes four individuals and the Korean Workers’ Party.

Earlier in the day there were reports that South Korea imposed their own new financial sanctions against the North.

 

What Economic Recovery? List of U.S. job losses & store closings for 10 – 11 February 2013: Drug maker quietly lays off more employees than officially stated! Project Transform axes thousands of jobs! More schools going down! Tax man shuts down bakery! More Hollywood cuts despite money making movies!

In California, the company behind the computer effects in the movie Life of Pi, now bankrupt!  Rhythm & Hues laid off at least 200 employees!  The company is apparently broke and can’t even pay employees.

Schmidt’s Bakery and Delicatessen in Colorado bankrupt. 40 people out-o-work.  Former employees must now deal with state tax officials to try and get their final paychecks.  State tax officials seized the company on 08 January 2013.

Idaho National Laboratory (INL) warned of up to 450 layoffs. These are not because of government spending cuts, but are being blamed on increased costs of operations.

In New York, the Horseheads Central School District said they will have to lay of employees and close down at least one school.  They blame it on a $8.2 million USD budget shortfall.  Also, Garden City says they will layoff six firefighters, and a lieutenant reduced in pay. Some of the city officials said the city needed to save money and their fire department was overstaffed.  In Leicester 70 years old Christano Hardware closed down.  Owners blame competition from national chain stores.  A Kmart in Depew will close down by April, 68 people out-o-work. Advanced Monolythic Ceramics shutting down their Ocean factory, 65 people out-o-work. Company officials blamed the bad economy for forcing a consolidation of operations.

Epic Game’s closing its Maryland operation. Company officials said things just weren’t “working out”.

In Pennsylvania, Kettering Corner ice cream shop closed down. The owner says she can’t do it anymore, since her husband died.  And Jonathan Best gourmet grocery store closing down by the end of March.  The owner blamed increased competition.

The Circle II Restaurant in North Carolina seized by state tax officials.  State officials say the owners owe $178000 in back taxes.  The Women’s Choice clinic closed down, no details as to why, but several protesters said they are happy about it.

In Batavia, Illinois, Portola Packaging closing its factory and consolidating operations to Tennessee and Arizona. 76 people out-o-work in Illinois. It’s not that the company doesn’t have the money, they’re spending $12 million USD on upgrading the Tennessee and Arizona factories.

In Texas, Gene Allen’s Gifts closing down its Arlington shop on 15 March. The owner blames the greedy landlord.

Too Big to Jail, U.K. based Barclays increased their planned layoffs to 3700 worldwide!  The layoffs will affect employees in the United States.  The massive layoffs are being called Project Transform.

It’s been revealed that a major drug maker, Pfizer, has laid off more people than it officially announced two years ago.  It turns out that the pharmaceutical company laid off 250 more people at its Groton laboratories, than first stated!

World War 3: North Korea mobilizing population for war! “All people are soldiers, the entire nation is the frontline!”

11 March 2013/28 Raby’ ath-Thani 1434/21 Esfand 1391/30 Yi-Mao 4711

The official news source for the the Democratic People’s Republic of Korea (DPRK) is reporting that the entire population is being mobilized for war.

Rodong Sinmun reporting that farm and labor unions have been deployed as militia units. Retired soldiers have been recalled.

Billboards have been posted in cities with slogans like Toward Becoming a Nuclear Power, and Time for a War to Unify the Fatherland.