Tag Archives: ows

Fukushima

Global Food Crisis: Fukushima needs help inspecting more than 24,000 rice farms, too much radiation, logistical nightmare!

The Prefectural government of Fukushima (where the spewing Fukushima Daiichi GE designed disaster reactors are) is asking the Japanese government for logistical help.

Fukushima officials said they want to test one third of their rice farms/crops for radiation contamination, after several rice crops came up highly radioactive. Here’s the logistical problem: One third of Fukushima rice farms/harvests amount to 24,000 crops!

Fukushima Prefecture asked the national government to provide devices to measure radiation, dispatch personnel to expedite inspections, and shoulder the cost.

Fukushima

Corporate Incompetence: TEPCo admits lack of communication caused Reactor 1 to melt down and explode, evidence it was a man made disaster!

On 02 December 2011, Tokyo Electric Power Company officials admitted that lack of communication resulted in Fukushima Daiichi’s Reactor 1 melting down and exploding, on 12 March 2011.

Former plant manager, Yoshida Masao (who recently resigned due to health problems, which might be caused by exposure to radiation, which TEPCo denies) said he, and other officials, were not told that Reactor 1’s cooling system was manually shut down.  He realized the cooling system was not working a little more than six hours after it had been turned off. By then it was too late.

Just a few days ago TEPCo admitted, after an independent investigation, that 100% of the fuel rods in Reactor 1 melted.

The irony is that Reactor 1 had the only operable cooling system after the 11 March earthquake and tsunami hit the nuclear disaster reactor plant.  Reactors 2, 3 and 4 lost their connections to electrical power, but Reactor 1 was still connected.

This could add some fuel to the conspiracy theories out there (that it was intentional, after all, look how long they’ve dragged this out!).

Business/Economics, Idaho, U.S.

What Economic Recovery? Idaho’s unemployed, and underemployed at record levels. More proof that college is a waste of money! And stop moving here, there are not enough jobs for you!

“It would scare the citizens to death and it would make the government look bad. The government wants to look as good as it can.”-Monte Munn, economics professor at Idaho’s Treasure Valley Community College

Munn is talking about the underemployment numbers, revealed in quarterly U-6 reports: “U-6 is a lot more accurate. U-3 greatly underestimates, or understates the real unemployment.”

Monthly unemployment numbers are called U-3, but underemployment is reported every quarter (along with the unemployment numbers) and is called U-6.

As far as the U-6 numbers go, the U.S. Bureau of Labor Statistics reports a seasonally adjusted October 2011 result of 16.2% for the whole country.  Idaho ranks in at 15.9% (according to overall 3rd quarter results)!

(The U.S. Bureau of Labor Statistics calls the ‘U’ measurments “Alternative Measures of Labor Underutilization”. Get it? ‘U’ for underutilization.)

Local Idaho media has been reporting fractional drops in a few monthly unemployment reports for 2011, but, when you look at the IDL’s U-6 yearly percentages, from 2008 to 2010, it’s clear both unemployment and underemployment have gone way up, and the few fractional monthly drops this year don’t mean a thing.

Underemployment numbers not only reveal how many people are working in jobs that don’t have benefits, or jobs that don’t match their level of education or training, but it also reveals the overall quality of jobs available.

The Idaho Department of Labor (IDL) admitted in a 2007 report, they can not count all college educated workers who’re underemployed, which means the actual numbers could be bigger: “…the number of employed job seekers with education who are looking for work is underestimated. Only those who have come through a Labor Department local office are counted, and clearly other employed workers with degrees are looking for better jobs but not through the Labor Department system.”-IDL, Measuring Underemployment in Idaho

 

Pocatello, Southeastern region of Idaho

The IDL just released U-6 data from 2008 to 2010.  By region South Central Idaho has a U-6 ranking of 20.8% making it the number one place for sucky jobs! Eastern Idaho comes in second at 18.3%!  Southeastern Idaho (where I live) joins North Idaho and North Central Idaho in the 14 percentile range.  Southwestern Idaho has the lowest U-6 at 11.7% (still bad).

The IDL even breaks it down by county, so if you want to see how bad your county is (and some counties have U-6 in the 20 percentile range!), then check it out for yourself.

An eastern Idaho TV station interviewed an IDL official, to get his take on why such high U-6 numbers. He blamed the high number of college edjumacated Idahoans, that right, too many highly qualified people living in Idaho: “…I think you would see more of our workers are underemployed, especially if they are zip code attached, where they want to stay here than to get paid more for their education elsewhere.”-Will Jenson, IDL economist

By “zip code attached” Jenson means Idahoans who go to college, find out they prefer the quality of life in Idaho and do not want to leave (I’m in that boat). However, there are very few jobs in Idaho that can pay enough to help you pay back the cost of your college degree.  The fact that there are so many highly educated people in Idaho should attract companies that need higher skilled workers, but, obviously from the U-6 numbers, it isn’t.

There’s another problem, that will eventually bring down the quality of life here in Idaho, people are flooding into the state.  According to the U.S. Census Bureau, the 2010 census count revealed that Idaho is the 4th fastest growing state in the country, at 21.1%.  Come on people, move somewhere else, there aren’t enough jobs here, let alone good paying jobs, for all you all.

As far as unemployed people getting unemployment help (insultingly called “benefits”!), according to the IDL, 11,800 Idahoans stopped receiving unemployment help this year.  Merry Xmas!

 

Business/Economics, Idaho, International, Technology, U.S.

Corporate Incompetence: Could demise of Hewlett Packard’s WebOS end hundreds of jobs in Idaho? HP in bed with Microsoft? We’ll find out in two weeks

“We should announce our decision in the next two weeks. This is not an easy decision, because we have a team of 600 people which is in limbo.”-Meg Whitman, CEO Hewlett Packard

French media interviewed Hewlett Packard’s latest CEO, Meg Whitman.  She says what they decide to do with their WebOS system will affect at least 600 HP employees.

Other media reports confirmed that 525 layoffs, made back in September, were the result of ending WebOS hardware production.  Since August the system has been up for sale, no takers so far.

It’s strange because as recently as July, Stephen DeWitt, head of the WebOS business unit, claimed that WebOS was so versatile that it could be used in a “universe of devices”.

What happened? Executives at HP have decided to use Microsoft’s Windows 8 operating system. In explaining the embracing of Windows 8 Whitman also explained why they canceled their number two selling tablet, the TouchPad: “Internet tablets are mainly used to consume media and e-mails. If you want to use productivity software such as Microsoft, you can not…This is an important area in which we want to go.”  “We stopped using the products that use the operating system WebOS. We will return in 2012. We will have an internet tablet that will use Microsoft Windows 8.”

The new HP tablet that runs on Window 8 is called Slate 2.

Whitman also talked about the high turnover of HP CEOs, and her plans with the company: “HP has had three CEOs in less than two years.  I’m here to stay. Even if my friend Mitt Romney becomes the next president of the United States, I will not join him in Washington.”  “We must invest more in storage, networks and servers to align ourselves with our competitors like EMC and Cisco. Our last server, which uses an ARM processor is more efficient in terms of energy consumption. We need these major innovations to differentiate ourselves.”

In November unnamed sources at HP’s, Boise, Idaho operations leaked word of more layoffs.  Between 3,000 and 4,000 people work at HP’s Boise facilities.  Could the demise of WebOS have anything to do with it?  According to the French newspaper, Le Figaro, Whitman said the world will find out in two weeks.

Business/Economics, Idaho, Technology, U.S.

Corporate Incompetence: Hewlett Packard gets downgraded, Idaho still waiting for official job layoffs announcement

“Major strategic reversals” is one reason why Standard & Poor’s just downgraded Hewlett Packard’s credit rating.

S&P’s also blamed HP’s inconsistent behavior: “We have concerns that HP’s inconsistent growth strategies and high levels of board of director and senior management turnover have elevated the level of operational and execution risk in the near term.”-Martha Toll-Reed, Standard & Poor’s

I’ve written about some of HP’s hypocritical behavior, like laying off hundreds of U.S. employees, buying back millions of dollars worth of their own stocks, then investing billions into their Taiwan operations, and hiring hundreds of employees in Taiwan.

Another dumb move was cancelling production of their TouchPad tablet. Turns out it was the number two selling tablet in the U.S.!

It’s been revealed that HP just spent U.S.$11.7 billion to buy a British software company called Autonomy.  $6 billion of that was in cash!!! Couldn’t HP have used that money to keep U.S. workers employed, or improve their products (they really need to)?

Back at the beginning of November someone at their Boise, Idaho, operation leaked that more layoffs were coming.  Officially HP is working on a press release to explain it. It’s the start of December now, and still no press release.

S&P’s has downgraded HP’s credit rating to BBB+.

Business/Economics, Idaho, U.S.

Voter Incompetence: Obama supporter blind to Obama’s stance on shutting down the U.S. Postal Service

At a recent Obama rally in Scranton, Pennsylvania, a blind faith Obama supporter asked the President about stopping postal processing center closings, because the closings would have drastic affects on local economies.

The response: “Let me look into it.”-Barack Obama, President of the United States

This is not a case of Obama not knowing the issue, rather it’s a case of Obama blowing off a blind faith supporter who doesn’t realize that Obama is all for the closings!

Back in September Obama issued his official suggestions for how to deal with the U.S. Postal Service (a self supporting service, does not rely on taxpayer funding).  Amazingly Obama’s suggestions are in line with what the Postmaster General, Patrick Donahoe, wants; things like ending Saturday delivery and closing down post offices and processing centers across the country.

Here’s how the blind faith supporter of Obama reacted to the President’s response: “…just his willingness to look into it spoke volumes to me. I could definitely tell he cared.”-Corey O’Brian, Lackawanna County Commissioner and blind faith supporter of Barack Obama

Here in southeastern Idaho the only processing center on this side of the state, in Pocatello, is targeted for closing.  Local postal workers explained to me that if I wanted to send a letter to Idaho Falls (just an hour’s drive from where I live) it would end up going to Salt Lake City, Utah, to be sent back into Idaho before getting to Idaho Falls!

The problem, for us ‘customers’ of the USPS, and for our local economies, is that whether Obama and the Postmaster General get their way, or the U.S. Congress actually comes up with their own plan, or, the U.S. Congress allows the USPS to default, the results are going to be severe: Thousands of postal workers laid off, post offices closed down, processing centers closed down, etc.  As I’ve said before, what economic recovery?  And stop being so blind to what ‘our’ elected officials are doing!!!

Business/Economics, International, U.S.

Global Economic War: The big jumps in stock markets have nothing to do with economic recovery. It’s all part of the new way the Elite 1% make money.

“…the markets are basically run by algorithmic trading these days… Nobody’s making investments in the stock market thinking they’re getting a long term investment in the company that they’re buying a stock for. So all we’re looking at is trading on news.”-Catherine Mann, Brandeis University International Business School, and former member of the Federal Reserve bank Board of Governors

“…what you have right now is massive amount of liquidity around the world sitting on the sidelines with very cheap equity markets. So any time there’s a little bit of positive news, you see this explosion in stock markets, and because it’s so cheap and there’s so much money just sitting there ready to move.”-David Smick, economic policy strategist

PBS Newshour interviewed two ‘experts’ on why the stock markets are seeing huge swings up and down.  Both basically said it had nothing to do with economic recovery, it’s basically a war being fought with cash, and is the new way the 1% are making even more money. It’s being done without the labor or services of the 99%, by simply day trading on the World’s stock markets instead of creating new products or hiring more employees.  If you’re a rich bastard or bitch and you could make more money day trading than actually making a product or service (requiring you to spend money on employees and transportation and benefits and other costs associated with traditional enterprise) then why not?

“…that’s the way that banks fund themselves, is that they borrow in the overnight market from each other. And since the summer, we have been looking at the interest rate that they charge each other has been rising and rising and rising. It’s now at a level or was earlier today at the level right before the crisis with Lehman Brothers.”-Catherine Mann

“If you look at today and you say, when’s the last time that the global central banks got together, it was three days after the Lehman crisis in 2008.”  “The problem is…a solvency [the ability to pay your bills] problem in Europe, not a liquidity [cash, meaning the 1% have plenty of cash on hand] problem.”-David Smick

“…one of the downsides of this additional liquidity being put into the global marketplace is that it provides more ammunition for the traders in the marketplace who want to bet against the central bank, or against the European Central Bank in particular, or, want to bet against some of those sovereign governments in Europe that are running some difficulties.  So this excess liquidity, or a lot of liquidity, does have a downside. And I think that we aren’t thinking exactly how that ammunition is going to be used. We’re thinking it’s going to be used for good [like providing more jobs, creating new products and services, etc.], but there’s no guarantee that it’s going to be used for good.”  “…this intervention in Europe…doesn’t even come close to addressing the political problem that they face…National governments have spent too much money, they have borrowed too much over a long period of time.”-Catherine Mann

“It’s a little bit like the house is on fire, and…the pluming is backed up. Well, today, we took care of the plumbing [referring to the central banks of Europe, North America and Japan/Pacific Asia Group (the three member regions of the one world government seeking Trilateral Commission) agreeing to provide dirt cheap loans to the 1%] , but the house is still on fire.”-David Smick

 

 

Fukushima

Occupy Fukushima! Residents order all nuclear reactors shut down and scrapped!

The governor of Fukushima Prefecture, Yuhei Sato, ordered all nuclear reactors in the prefecture, to be shut and scrapped.  There are ten nuclear reactors in Fukushima Prefecture.

The residents of Fukushima know that it will have a huge negative impact on their local economy, but they say it’s better than trying to live with an ongoing nuclear disaster!

The Fukushima government is working on a reconstruction plan that will try to create new jobs for those working at the nuclear plants.

 

Fukushima

Government & Corporate Incompetence: TEPCo admits fuel rods melted through reactor cores! Serious melt down of 3 reactors at GE designed Fukushima Daiichi!

Tokyo Electric Power Company has been forced to admit that serous melt downs took place in reactors 1, 2 and 3, of the Fukushima Daiichi nuclear plant.

Independent researchers confirmed that melt downs did occur, and were severe enough to melt through the reactor cores into the bottom of the containment vessels. Some melted fuel rods penetrated as much as 57 centimeters (22 inches) into the containment vessels.  The bottom of the containment vessel is made of thick concrete, with a steel plate on top.

TEPCo now says 100% of the fuel rods in Reactor 1 melted, all the way through the core into the containment vessel!  57% of Reactor 2’s fuel rods melted, and 63% of Reactor 3’s fuel rods melted.

Many months ago, I posted how nuclear experts, who were being ignored by the main stream media, explained that the amount and type of radiation coming from Fukushima Daiichi could only mean melt down was occurring.  Somehow the main stream news media found other nuclear ‘experts’ (including many who work for the U.S. government, and the U.S. nuclear power industry) who countered those claims.

The Fukushima Daiichi nuclear plant reactors were designed by General Electric.

Business/Economics, U.S.

Government Incompetence, What Economic Recovery? IRS fails to refund millions in taxes, blames postal addresses. Part of scheme to shut down U.S. Postal Service?

There are reports that the tax collector of the U.S. government, the Internal Revenue Service (IRS), is holding back on refunding $153 million in overpaid taxes!

IRS officials claim it’s because of postal addresses they just don’t trust.  So they’re not going to mail them out!  99,123 U.S. taxpayers are waiting for those refunds!

Here’s the sinister answer the IRS has for solving the ‘problem’: Everyone needs to stop using the postal system and use direct deposit!

To check the status of your tax refund click on the “Where’s My Refund” at the IRS website.