February 19, 2012, the pro-U.S. military government of Egypt has recalled their ambassador to Syria.
The move is in line with the Arab League’s call for war against Syria.
February 19, 2012, the pro-U.S. military government of Egypt has recalled their ambassador to Syria.
The move is in line with the Arab League’s call for war against Syria.
“Iran is the only market in the world that can move billet prices and now trading has basically come to a halt.”-unnamed British steel trader
Not only is the U.S. oil sanctions on Iran backfiring, but so are U.S. sanctions on steel sold to Iran!
“Now you can really feel the effects of the sanctions imposed by the U.S. and Europe…It is very difficult to do any business with Iran at the moment.”-unnamed Swiss steel trader
U.S. and European sanctions might have stopped the sale of steel to Iran, but it’s also shutting down U.S. and European steel makers! Why? Iran is the biggest buyer of steel billet, and with the biggest buyer of steel out of the game steel prices are dropping like a rock!!! (unlike oil, where everyone is trying to get their hands on it, thus causing oil prices to go up)
Russia is upset because they supply much of the steel Iran uses (Iran buys 15% of the steel exported by Russia): “Russian producers are not selling to Iran as they need pre-payments and won’t accept letters of credit. If I find a way to do that I won’t tell you. Iran is the king market in steel and if we can find a way to trade with them again we certainly would not share the know-how.”-unnamed Swiss steel trader dealing in Russian steel
Unlike the oil market, where Iran has established a successful trade system that avoids the U.S. dollar and U.S. & U.K. banks, the global steel market is still dominated by U.S. & British banks. But some Russian’s are hopeful they’ll find a way ’round it: “Steel demand is pretty strong, the problem is the banking system. Russian banks do not have trading lines with Iranian banks to facilitate ruble transactions.”-Dmitry Smolin, URALSIB Capital
February 16, 2012, Sears announced layoffs of 100 of its employees at its Illinois headquarters. Some Illinois politicians say the state was blackmailed into giving Sears a $150 million tax break, and that even more Sears layoffs are in the works.
Sears told Illinois lawmakers that if it didn’t get the tax break it would move its headquarters out of state. The implication was that if Illinois didn’t want a lot more unemployed people they better do what Sears wants. Well, Illinois is getting more unemployed anyway!
And here’s how even more people will be laid off. The tax break requires Sears to maintain 4,250 employees at its headquarters (aka Hoffman Estates). Yet, even with the 100 announced layoffs, Sears has more than 6,100 employees at the site. That means close to 2,000 people could still lose their jobs as part of the $150 million tax break!
“We’ve slipped away from a true republic. Now we’re slipping into a fascist system where it’s a combination of government, big business and authoritarian rule, and the suppression of the individual rights of each and every American citizen.”-Ron Paul, congressman from Texas
While speaking in Kansas City, Missouri, Ron Paul renewed a warning issued by President Dwight Eisenhower, who said “This conjunction of an immense military establishment and a large arms industry is new in the American experience. The total influence — economic, political, even spiritual — is felt in every city, every State house, every office of the Federal government. We recognize the imperative need for this development. Yet we must not fail to comprehend its grave implications. Our toil, resources and livelihood are all involved; so is the very structure of our society. ” Eisenhower’s 1961 speech warned about Italo-style Fascism taking over all aspects of U.S. civilization (you should read the prophetic speech).
Also, while attending a rally in Boise, Idaho, on February 18, Ron Paul won a county caucus, in Maine. Washington County, Maine, selected Paul over Mitt Romney and Rick Santorum. The caucus had been delayed by weather.
But Ron Paul is actually winning big despite being ignored by the main stream media. Paul has gained more delegates than Romney or Santorum: “The bottom line is who is going to get the delegates and we think we’re doing pretty good, and it seems like our momentum is picking up. I’m actually shocked at the tremendous turnouts that we’ve had. We’ve been out on the road and we’ve had eight functions here in the last three days. We’ve had 14,000 people turn out. And the enthusiasm seems to be growing.”-Ron Paul on State of the Union with Candy Crowley.
First off, having had to deal with so called unemployment “benefits” myself, I can say without a doubt that they are no “benefit”. You get piddly squat compared to what you were making when you had a job, and, as in the state of Idaho, they impose unrealistic “qualifications” and “standards” for you to continue getting them!!!
Now the Republican dominated U.S. Congress has agreed to reduce what people lucky enough, or who can put up with the qualification game, will get.
Congress had extended unemployment help to a maximum of 99 weeks (and by the way many states did not adopt that policy), now beginning September 2012 that help will be cut back to 73 weeks.
By the way, in the state of Idaho employers pay into the unemployment fund, not employees and not individual taxpayers. But, Idaho kicks back a refund to employers for having little or no unemployment claims made against them. The employees who handle unemployment claims are actually paid by the employers who pay into the fund. A now retired Idaho Job Service (aka Idaho Department of Labor) employee, who worked the Pocatello office handling veterans affairs, and the accounting for kicking back money to employers, once confessed to me (in 2000) that it was in their interest to deny as many claims as possible, since their true employer was not the state but big businesses operating in Idaho!!!
Here’s a trick employers in Idaho use to get out of paying unemployment (it’s happened to me and several other people I know). Employers will tell you there is no work today, or that work is being cut back and they will call you when they need you. Of course, after weeks of no work you start looking for new work. When you apply for unemployment the company you were working for claims you are still employed, but that you hadn’t shown up and they assumed you quit!
In another case I heard about, an guy was working for a national chain home improvement store, and he was told that work schedules were being changed and not to come in until they called with his new schedule. A week went by, he called and they told him the same thing. Several weeks went by and he was told the same thing again. Turns out there wasn’t any actual work schedule change, but if he tried to apply for unemployment the company could legitimately say that the guy “just stopped coming to work”, it would be his word against theirs.
And since the Idaho unemployment system is actually run by employers, guess who wins (unless your wealthy enough to hire a lawyer, which most people aren’t).
In 2001, liar, and former Prime Minister of U.K., Tony Blair said: “The arms the Taliban are buying today are paid for by the lives of young British people buying their drugs on British streets. This is another part of their regime we should seek to destroy.”
According to the United Nations, right now 90% of the drugs on the streets of Britain come from Afghanistan. In 2001, 185 tons of opium was shipped out of Afghanistan, in 2011 it hit 5,800 tons!!!
In the last few years Russia and Iran have openly blamed the United States for increased drug trafficking out of Afghanistan.
Since the United States is the boss in Afghanistan, then shouldn’t they have a handle on the opium trade? The latest numbers from the UN proves the United States must be complicit in drug dealing, in order for such a huge record setting increase in opium production to take place. Either that, or the United States actually has no control over anything that goes on in Afghanistan!
Some idiot warmongers are using the increasing opium numbers to justify keeping U.S. and European forces in Afghanistan, yet those drug numbers are up precisely because the U.S. and Europeans are there!
The latest corporation to become a victim of global deleveraging, is Air Australia.
Deleveraging is when the too big too fail banks take away your line of credit, and demand full, and instant payment of all debts. Here in Idaho Wells Fargo Bank deleveraged several businesses in the past few years, including a Pontiac dealer in Idaho Falls, and several Sportsman Warehouse stores (owners of both businesses say they were not in financial trouble).
On February 17 (Australia time), 2012, the executives of Air Australia were suddenly told their line of credit had been suspended. The result was that Air Australia could not buy fuel for use on flights where passengers were about to board, or planes were waiting to take off. That has left at least 4,000 people stranded! Another 10,000, who bought tickets for future flights, will not get their money back.
Air Australia has been losing money, especially after it lost a 90 million Australian dollars contract with the Australian Department of Defense.
It looks like the Australian airline industry is run the way the U.S. airline industry is, and that has some people calling for an investigation: “It does say something about…the fact the aviation industry should be properly investigated in this country.”-Tony Sheldon, Transport Workers Union
The United Nations General Assembly passed a non-binding resolution calling for Syria’s president to step down. However, since it is non-binding the UN can not force the issue.
France is making a new push for a new UN Security Council resolution. This new resolution is focusing on using UN Peacekeeping forces to enforce access to humanitarian aid. Russia might support such a resolution.
12 countries voted against the UN General Assembly resolution. They are: Bolivia, Belarus, Cuba, China, Ecuador, Iran, Nicaragua, North Korea, Russia, Syria, Venezuela and Zimbabwe.
15 countries abstained: Angola, Armenia, Fiji, Cameroon, Comoros, Myanmar, Namibia, Nepal, Sri Lanka, Saint Vincent, Suriname, Tanzania, Tuvalu, Uganda and Vietnam.
“A year ago Libyans risked their lives to demand justice. Today their hopes are being jeopardized by lawless armed militias who trample human rights with impunity.”-Donatella Rovera, Amnesty International
Amnesty International has documented cases of torture and murder of Libyans, by the U.S. and European backed rebel forces.
A year ago the United States, and European countries, revealed their support for rebellion in Libya. The reason, they claimed, was to bring freedom and stop human rights violations. A year later Amnesty International says things are even worse under the rule of the U.S. backed rebels!
“Militias in Libya are largely out of control and the blanket impunity they enjoy only encourages further abuses and perpetuates instability and insecurity.”–-Donatella Rovera, Amnesty International
In the past few weeks Amnesty International visited prisons in Libya. They found people who had been tortured to the point of confessing to crimes they did not commit. They also found evidence that at least 12 people had been tortured to death. The torture included beatings and electrocutions. So much for the promise of U.S. style freedom and an end to human rights violations!
Observers even witnessed the torture, that’s how confident the U.S. backed rebels feel. They saw people being beaten mercilessly, one rebel doing the beating said it’s that or kill the prisoners: “…those from Tawargha will not be released or we’ll kill them.”
Rebels are taking revenge on the people of Tawargha, for their support of Gaddafi. The ineffectual, and U.S. backed, Trans National Council government is not doing anything to stop rebel militias from wanton tortures and killings.
Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.
In the latest survey by Harris Interactive, 78% of people blame the bad economy on Corporate America (and Corporate Britain).
The annual Harris Interactive Reputation Quotient poll is a measure of how consumers view corporations. So far the main stream media has only mentioned the good points of the poll, like Apple surging ahead of Google regarding a positive image among consumers.
What the main stream corporate controlled media isn’t reporting is that only 22% of those surveyed have a overall good impression of Corporate America!
Also, the survey is a warning sign for major banks. According to reports, AIG, Goldman Sachs and Bank of America are on the Harris poll’s critical list, because they ranked as low as Enron, Adelphia and WorldCom, right before those later companies went out of business.
Other companies that scored poorly were BP (British Petroleum), JPMorgan Chase, Citigroup and News Corp (owners of Fox News).