Tag Archives: wall street

Business/Economics, Idaho

“Go Donald Trump! You’re nothing compared to me!” Grocery chain kills 13,097 jobs in The Empire State! Minimum wage increase kills mom & pop? : U.S. Job Losses & Store Closings, 23 – 24 August 2015

Incomplete list of publicly announced layoffs & shutdowns:

Arizona: Ohio based employment agency Cavalry Staffing shutting down its Phoenix office, 411 jobs lost by October!

California: The Santee VFW (Veterans of Foreign Wars) warned of shutdown in September due to lack of donations.  In Emeryville, after almost 30 years Bucci’s restaurant shutting down at the end of September.  The owners said they are retiring, but local news reports point out that the city recently jacked up the minimum wage and Bucci’s tried to compensate by charging a $2.50 per person service charge.  In Oakland, British empire style pub The Growlers’ Arms shutdown, some locals speculated that people didn’t like the British style food.  In Arroyo Grande, after 42 years The Girl’s Restaurant shutting down in September, the owners blaming a massive rent increase, from$1.18 a square foot to $3, and that does not include the common area.

Idaho: In order to generate more funding for public schools the state Department of Lands is auctioning-off 38 Priest Lake vacation lots, “…we hope to make a lot of money for the school trust up there.”   Last year they auctioned-off 59 Priest Lake lots.  Normally people buy cabins but must pay rent for the lot.  Another auction for state owned cabins/lots is scheduled for Payette Lake.  Last year’s sale of lots generated more than $52-million USD for the permanent endowment, however, it’s been revealed that some of the cabins/lots are up for auction because the previous owners couldn’t make their payments.

Illinois: After 15 years the Lincolnwood Produce & Grocery store shutting down, the property up for sale.  It’s the last grocery store in Lincolnwood, news reports say the store owner refused to explain why he had to shutdown.

Kentucky: In Mount Sterling, after 55 years Jerry’s Restaurant shutdown.

Louisiana: In Opelousas, the Blockbuster Video store shutting down within eight weeks.

Maine: In Sanford, ObamaCare forcing non-profit Spectrum Health Systems to shutdown their outpatient addiction treatment center, 1-hundred patients affected! A local news report even insinuated that the ObamaCare shutdowns of addiction treatment centers is to blame for the rise in heroin addicts!  In Rumford, after 40 years Maureen’s Preschool shutting down, the local news media didn’t explain why but the owner exclaimed “I still think there isn’t a richer woman in the world than me. Go Donald Trump! You’re nothing compared to me!”

Maryland: Too Big to Jail PNC Bank shutting down its East Patrick Street office in Frederick, in October.

Michigan: The Saginaw Transit Authority Regional Services warned that the fiscal 2015-16 budget will mean 21 employees becoming unemployed in October.

Minnesota: In Albert Lea, Book World shutting down in September: “There weren’t enough people buying books there to support the store, unfortunately.”-Mark Dupont

New York: Bankrupt The Great Atlantic & Pacific Tea Company (aka A&P) issued a mass shutdown WARN for all their Empire State grocery stores, 13-thousand and 97 jobs lost in time for Thanksgiving! (for more massive A&P layoffs see my Federal Reserve confirms no recovery!) NYC based insurance company and drugs maker Pfizer announced their plan to takeover rival Hospira has been approved, so get ready for mass layoffs as redundant jobs are eliminated.  In Sunnyside, the Bliss Street Station Irish pub shutting down this weekend.  Turns out it’s been for sale for several years, finally somebody bought the property.

North Carolina: In Greenville, only four years after a grand re-opening Lowes Foods shutting down in September, 45 jobs lost.  Administrators said it’s part of their plan to stay viable, but is it possible the new owners of the Lynncroft Shopping Center wanted more rent money?

Pennsylvania: Justice Resource Institute issued a shutdown WARN for their child prison Cresson Secure Treatment Unit, 57 jobs lost in September.  In Altoona, General Cable Industries issued a shutdown WARN, 174 jobs gone by Xmas!

Texas: GE Oil & Gas announced it is shutting down its Lufkin foundry and reducing the number of employees at Buck Creek, 262 jobs lost “As a result of increasingly challenging market conditions…”!

Virginia: In Roanoke, after 116 years (surviving the Great deflationary Depression and numerous recessions) Fallon Florist shutting down by the end of the month.  Clothing and antique shop Birdy’s Loft shutdown due to lack of sales.

Washington: Redmond based Microsoft announced it will eliminate an additional 2-thousand to 3-thousand jobs in Finland as it shuts down a handset factory! 

Wisconsin:  In Stevens Point, restaurant @1800 shutdown without warning by the property owner, apparently because the owners of the Sentry Insurance building say they must remodel the entire building.

22 August 2015: “Why are we killing ourselves…?”

WARN=Worker Adjustment & Retraining Notification

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”

International

False Flag or Incompetence? U.S. Army explosions’ bark worse than their bite?

24 August 2015 (19:12 UTC-07 Tango 01, 23 August 2015)/02 Shahrivar 1394/09 Dhu al-Qa’dah 1436/11 Jia-Shen (7th month) 4713

Very little info has been published about the explosions at the U.S. Army’s Sagami General Depot in Japan, but daytime video of the site revealed the nighttime explosions were more visually impactful than the damage they caused.

A small corrugated steel warehouse showed one big hole in the roof, and buckling on the opposite corner, otherwise it was still intact.  Japanese news media said Army representatives explained it was a warehouse storing gas cylinders and other chemicals, not the ammo depot.

Responding firefighters were ordered not to use water.

Multiple explosions hit U.S. base in Japan!

International

False Flag or incompetence? Multiple explosions hit U.S. base in Japan!

23 August 2015 (11:38 UTC-07 Tango 01)/01 Shahrivar 1394/08 Dhu al-Qa’dah 1436/10 Jia-Shen (7th month) 4713

“I was asleep, and at first thought it might have been the roar of thunder, but then there was a sequence of explosions for 10, maybe 15 minutes. A pillar of orange rose to the skies, and the air was filled with the smell of gunpowder.”-witness interviewed by NHK

Hours after yet another chemical warehouse exploded in China, reports and cell phone video of massive, multiple explosions at the Sagami General Depot, a U.S. Armed Forces base in Kanagawa Prefecture, Japan.

Despite video’s posted to the internet only now is the incompetent U.S. Department of Defense responding: “We’re aware of the report, but we don’t have confirmation that the explosion occurred on the base.”-Commander Bill Urban, USN Pentagon

The U.S. Army runs the Sagami General Depot, located in Sagamihara.  Back in October 2014, the U.S. Army said it was returning 17 hectares (42 acres) of the Sagami General Depot land to Japanese control.  In July of this year Army administrators said there were plans to return more land to Japan.  The Japan Self Defense Forces are scheduled, in the near future, to share about 35 hectares (86 acres) of Sagami General Depot with the U.S. Army, as part of the Obama regime’s Operation Pacific Pathways (aka Pacific Pivot).

Japanese news sources say the explosions began about 01:00 hours, 24 August Japan time.  The audio on the video sounds just like munitions going off.

Japan news sources also say that in April the depot was bombed by a Japanese “left wing” organization.

Kanagawa Prefecture is also home to the Yakosuka U.S. Naval Base and the U.S. Naval Air Facility Atsugi, USAF Yokota Air Base and the U.S. Army’s Camp Zama.

Operation Pacific Pathways: Obama preps for war with China 

International

False Flag or Incompetence? Yet another chemical warehouse explodes in China!

23 August 2015 (11:09 UTC-07 Tango 01)/01 Shahrivar 1394/08 Dhu al-Qa’dah 1436/10 Jia-Shen (7th month) 4713

It’s starting to look intentional as yet another massive explosion in a different chemical warehouse in China!  This time it happened in Dongfu Village, Shandong.  The latest reports say a dozen people have been killed or wounded at the Runxing Chemical Technology Company.

Chinese news media say 150 firefighters are still fighting fires, and more firefighters from neighboring areas have been called in.  Runxing Chemical makes chemicals used in automotive paint and anti-corrosive agents.  People living near the factory said the explosion could be felt 5km (3.1 miles) away.  Windows were blown out in residential areas that are less than 1km from the factory.

Some reports say the Runxing fire was started by a tank of acrylonitrile.  PubChem says it’s used to make “…rubber, resins, plastics, elastomers and synthetic fibers and to manufacture carbon fibers used in aircraft, defense and aerospace industries.”

This explosion comes a couple of days after the Chinese government ordered surprise inspections of chemical factories and warehouses, which resulted in more than 2-hundred being shutdown due to massive safety violations.

The death toll at Tianjin continues to increase.

Fire in the Tomb of Cars!

The latest Tianjin stats:

4,460 PLA and police personnel deployed

123 people dead (mainly firefighters, police and warehouse employees)

692 wounded (more than 50 Toyota employees wounded, it could have been more as the majority of Toyota employees had the day off, U.S. farm vehicle maker Deere also reported wounded employees, but refused to give specific numbers)

624 people still hospitalized

number of missing reduced to 50

322 rescued

Blast radius 3km

779 buildings damaged or destroyed

More than 11-thousand new cars destroyed, area now called Tomb of Cars

Jaguar-Land Rover reports nearly 6-thousand new vehicles destroyed

1-thousand+ new Toyotas destroyed

1-thousand 5-hundred new Renaults destroyed

2-thousand 7-hundred new VWs destroyed

Evacuation radius 5km

Vanke Harbor City residential area hardest hit affecting 260-thousand square meters (853-thousand square feet)

10 hectares (24.7 acres) confirmed contaminated with sodium cyanide

17-thousand families evacuated

30-thousand people directly affected

12 schools and 3 apartment buildings now evacuation shelters

 

 

Business/Economics

“Why are we killing ourselves…?” “There has certainly been a seismic shift…” “It just makes you sick.” : U.S. Job Losses & Store Closings, 22 August 2015

Incomplete list of publicly announced layoffs & shutdowns:

“The management of employment is a great human and social responsibility, that cannot be left in the hands of the few…To cause job losses means to cause serious social damage…”-Pope Francis, hypocritically criticizing layoffs despite the fact the Catholic Church is shutting down church and charity operations all over the United States

“Our real unemployment rate…..because you have ninety million people that aren’t working. Ninety-three million to be exact. If you start adding it up, our real unemployment rate is 42%.”-Donald Trump, interview with Time

U.S. Bureau of Labor Statistics says Illinois, Missouri and Rhode Island are all tied for 15th worst unemployment rate in the U.S., for July.

Alaska: In Anchorage a second Alaska Club handball-racquetball center will shutdown this year.  The property is for sale. It’s blamed on crashing memberships: “There has certainly been a seismic shift in the number of people playing racquetball and handball.”-Robert Brewster, president

Arkansas: The sale of the vacant Majestic Hotel has been suspended indefinitely.  Apparently the Missouri based ‘corporate’ buyer is facing legal problems with his own creditors.  If the sale had gone through it would have been a big loss for the people of Hot Springs as their own Board of Directors had agreed to sell the $2-million USD property for only $680-thousand!

Connecticut: Laser maker Lumentum shutting down their Bloomfield factory.  No details about when or how many jobs will be lost.  As with most U.S. corporations they are consolidating manufacturing in anticipation of a worsening economy: “…in order to meet our customers’ future cost expectations...”

Illinois: At least three camps leased by the Girl Scouts of Southern Illinois being shutdown due to crashing membership and increasing maintenance costs.  The camps in Salem, Makanda and Worden will shutdown by the middle of 2017: “We just have too many camps for the size of our council.”-Villie Apoo, Girl Scouts ceo

Kansas: In Topeka, Aussie themed Florida based Outback Steakhouse shutdown with little notice, 60 jobs lost.  The manager hinted that profits have crashed, but refused to give a specific ‘official’ reason to local news media.

Massachusetts: The Massachusetts Institute of Technology says cell phones can be used to more accurately count the number of unemployed people.  Researchers noted that in European cities where big layoffs took place there was a 51% drop in cell phone usage.  Even the number of cell towers needed to handle the calls dropped by 20%.

Michigan: In Grand Haven, after 36 years RK Jewelers shutting down in September.  In Niles, God refuses to help ‘his’ British empire founded Salvation Army Food Pantry stay open.  The local Salvation Army Major blames a decrease in donations and a steady increase in poor people: “We have been seeing for the last three or four years a lot of new folks that we’ve never seen before.”-Major William Walters

Minnesota: ObamaCare forcing North Memorial Medical Center to shutdown its Home Care operations, at least 1-hundred jobs lost!  4-hundred patients affected!

New Jersey: The state Department of Labor and Workforce Development says 13-thousand 6-hundred people lost their jobs in July! 

New York: In Greenport, after 15 years Cuvee Bistro and Bar shutting down in September.  Family health problems are blamed.

North Carolina: A-hole ‘lawmakers’ are trying to pass a new bill that would make it harder for unemployed people to qualify for unemployment assistance (stop calling it a ‘benefit’!)!

Ohio:  God refuses to stop the shutdown of ‘his’ Good Shepherd Parish in East Toledo, and ‘his’ Advent Lutheran Church in Sylvania.  It’s blamed on decreasing members (The Rapture? or maybe people have woken up to The Lie) and increasing costs of operations.  The Lodge restaurant in Lancaster shutdown.  The property owner, who bought the Lodge from the Elks Club in 2010 and then shelled out more money for major renovations, revealed he’s been trying to sell the building for some time, but for various reasons the deals fall through.  The United Way, Kiwanis and Rotary Clubs lamented the loss of their favorite meeting place.

Oregon: In Saint John’s Bar, The Central Hotel restaurant and bar shutting down by the end of the month, 11 jobs lost.  The property owner is selling it to a property developer.   The restaurant operator also admitted they never had any intention of running a restaurant anyway: “…we ended up taking over the restaurant, which is never something that we planned on doing. We just kind of said, ‘Why are we killing ourselves to do this financially?’….it has been a huge financial strain.”-Risa Davis, co-owner

Tennessee: In Nashville, reports say the Granny White Market (aka Purple Cow) is being forced to shutdown by the greedy property owner who suddenly told the store owner he had six weeks to vacate: “After 19 years he tells me we need to close the doors. It just makes you sick.”-Dan Smith, Purple Cow owner

Washington: The evil city administrators of Bellingham forced local taxpayers to buy homeless shelter Aloha Motel for $1.5-million, and now they’ll shut it down for demolition in September!  A homeless man who’s lived their since 2014 asked “We’re told we have ’til August 31 to get out, but where else am I supposed to go?”     Linds Pharmacy in Coupeville shutting down next week.  The owner says he put Linds Pharmacy up for sale more than a year ago and Rite Aid was the only interested buyer.  The pissed owner blames his forced sale on ObamaCare insurance companies: “Our main financial challenge has been the pharmacy insurance companies and their continual lowering of fees and insistence on patients using their mail-order houses. Lowered prescription volumes, coupled with lowered fees, equals financial problems.”-flyer distributed to loyal customers

West Virginia: U.S. Bureau of Labor Statistics says The Mountain State has the worst ‘official’ unemployment rate (7.5%) in the United States, for July.

Wisconsin: After 64 years God refuses to stop the shutdown and sell-off of ‘his’ Redeemer Lutheran Church in Caledonia.  Church leaders would rather blame it on people being sinful, but maybe it’s something called The Rapture: “Churches across the board are having this kind of problem….It’s hard to have them when you don’t have a lot of people.”-Doris Kidd, church secretary

21 August 2015: Federal Reserve confirms no recovery!

WARN=Worker Adjustment & Retraining Notification

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”

Business/Economics

The Real Thing: Coca Cola invests additional $4-billion, in China!

22 August 2015 (10:50 UTC-07 Tango 01)/31 Mordad 1394/07 Dhu al-Qa’dah 1436/09 Jia-Shen (7th month) 4713

“China is our third largest market by volume and is critically important to the future growth of our business.”-Muhtar Kent, ceo

Even with the brakes being applied to the Chinese economy United States based drink maker Coca Cola announced it is spending an additional $4-billion USD in the east Asian country.

According to Chinese news reports, the iconic ‘American’ soft drink maker has already invested $9-billion into China from 1979 to 2014.

Part of the new $4-billion investment will be in the form of a $56-million bottling plant in Hebei Province, which is hoped to have up to nine production lines pushing out 250-million ‘units’ per year!

With all the whining in the U.S. about its decaying infrastructure it should be noted that Coca Cola is happily spending its money on developing new local infrastructure within China.

DECEMBER 2014: COCA-COLA ELIMINATES 2-THOUSAND JOBS!

ICONIC COCA-COLA SAYS AMERICA IS GOIN’ DOWN!

International

False Flag or Incompetence? Fire in the Tomb of Cars! Massive economic damage affecting U.S. & European companies!

22 August 2015 (03:39 UTC-07 Tango 01)/31 Mordad 1394/07 Dhu al-Qa’dah 1436/09 Jia-Shen (7th month) 4713

U.S. farm vehicle maker Deere & Company (aka John Deere) reduced its profit expectations for 2015, saying they think sales will fall 21%.  There was not mention of the fact that their production in Tianjin has been directly impacted by the Rui Hai warehouse explosions.

New York City business analysts say they were surprised by the sudden downgrade of Deere’s outlook, but it makes sense considering Deere’s factory in their biggest market was hit by the explosions.

The surprise safety inspections, launched yesterday, have resulted in more than 2-hundred chemical companies across China shutdown for safety violations.  This will also negatively affect the economy.

There are reports that four new fires erupted in the blast zone, including in the massive new car park now called the Tomb of Cars. The other three fires are in the epicenter.  Fires seem to be starting spontaneously due to the volatile chemical contamination.

“…there are about 40 kinds of chemicals stored in the warehouse. The situation is very complicated.”-Wang Hongjiang, deputy mayor of Tianjin

Rabbits are now being used as ‘canaries in the coal mine’.  Caged rabbits are being placed throughout the blast area.  One news report said it was to reassure residents that the air is safe, but it’s more likely an early warning system for NBC (Nuclear, Biological, Chemical) personnel who are still not sure about what chemicals were stored in the warehouse, and the fact that spontaneous chemical fires continue to erupt.

More than 3-thousand tonnes of contaminated water has been removed from blast zone.  Water from one test site had sodium cyanide at 54.6 times what is considered safe.

Massive 100 meter crater!

The latest stats:

4,460 PLA and police personnel deployed

121 people dead (mainly firefighters, police and warehouse employees)

692 wounded (more than 50 Toyota employees wounded, it could have been more as the majority of Toyota employees had the day off, U.S. farm vehicle maker Deere also reported wounded employees, but refused to give specific numbers)

640 people still hospitalized

number of missing reduced to 54

322 rescued

Blast radius 3km

779 buildings damaged or destroyed

More than 11-thousand new cars destroyed, area now called Tomb of Cars

Jaguar-Land Rover reports nearly 6-thousand new vehicles destroyed

1-thousand+ new Toyotas destroyed

1-thousand 5-hundred new Renaults destroyed

2-thousand 7-hundred new VWs destroyed

Evacuation radius 5km

Vanke Harbor City residential area hardest hit affecting 260-thousand square meters (853-thousand square feet)

10 hectares (24.7 acres) confirmed contaminated with sodium cyanide

17-thousand families evacuated

30-thousand people directly affected

12 schools and 3 apartment buildings now evacuation shelters

Business/Economics, Idaho

Federal Reserve confirms no recovery! Red Coats walk away from $1-billion USD! More massive grocery job cuts! : U.S. Job Losses & Store Closings, 21 August 2015

Incomplete list of publicly announced layoffs & shutdowns:

The British empire University College London compiled data from 25 studies (and published in The Lancet) and concluded that working more than 40 hours per week increases your chances of having a  heart attack by 13%, and increases chance of stroke by 27%.

California: The state Employment Development Department reports an increase in new unemployment claims. 16-thousand state employees lost their jobs between June and July!  3-thousand 6-hundred farm workers lost their jobs between June and July!  At least 1-thousand 6-hundred people in the service industry lost their jobs between June and July!

Colorado:  British empire owned Too Big to Jail Curian Capital laying off 224 employees, and then has plans to shutdown in 2016! To show how little faith the British empire owned company has in the U.S. economy, by shutting down Curian is abandoning $1-billion USD in asset management accounts!

Idaho: The state Department of Labor reported that July was the third straight month of increased new unemployment claims.

Iowa: In Ainsworth, after 56 years the Four Corners Restaurant shutdown.  It’s been sold-off, the family owners blamed lack of customers.

Kentucky:  The city of Hillview is now chapter 9 bankrupt busted!  It’s partly blamed on a land war with Truck America.  Truck America says the city has defaulted on $15-million of payments for 40 acres of land!  The city of Wickliffe warned of city layoffs due to the shutdown of the Verso Corporation paper mill.

Louisiana:  After 40 years newsstand Lakeside News shutting down in September: “…20 years ago, there’d be 10 people waiting for me to open at 4:30 am. Now, we’re lucky if we get 10 people coming through all morning! It’s not enough to sustain a business.”-Michael Marcello, owner

Maryland: ObamaCare forcing Laurel Regional Hospital to shutdown their Maternal & Child Health department in October.  Administrators said “…obstetrical services has been a persistent problem.”, meaning they can’t make enough money off it.   In Elkton, the Historic Little Wedding Chapel reportedly shutting down because Too Big to Jail Cecil Bank refused to renew the owner’s debt financing, and then demanded payment in full immediately (this is called deleveraging, it happened to me).   Deleveraging related: IMF pushes for U.S. consolidation, code for even more drastic deleveraging!

model railroad company deleveraged to death by Too Big to Jail banks!

All part of the IMF’s orders to deleverage!

4,000 people stranded when Australian airline is suddenly deleveraged by too big to fail creditors 

De-leveraging will continue until the economy improves, and that means you! 

Michigan: After 15 years maze amusement park Fort Custer shutting down, the owner said “…it’s time to move on.”

Minnesota: The state Department of Employment and Economic Development reported an increase in new unemployment claims.  3-thousand 9-hundred jobs were lost in July! 

New Jersey: Bankrupt grocery chain Great Atlantic & Pacific Tea Company (aka A&P) notified 8,662 New Jerseyians that they will become unemployed by Thanksgiving!  That’s on top of the 871 New Jersey A&P jobs being eliminated by September!  A&P is shutting down or selling off their New Jersey stores, including its Super Fresh, Pathmark and Food Basics stores.  In Kinnelon, after 14 years Lynne’s Hallmark card shop shutdown after the property was sold-out from under the gift card shop owner’s feet.

New York: In NYC, after 40 years Himalayan Crafts shutdown, the owner said “We have been here too many years.” 

Ohio: What construction industry recovery? In Akron, after 32 years building supply store Building 9 shutting down and moving elsewhere.  Administrators blame yet another massive road construction project.

Texas: ObamaCare forced San Antonio based United Allergy Services to fire ten people from their HQ and an undisclosed number of employees elsewhere.  The allergy treatment company is also pulling out of some of the U.S. states where it operates, blaming problems with insurance reimbursements.

Washington DC: The Federal Reserve System has confirmed there is no recovery, at least for U.S. factories.  The Washington Post writes “It took less than a year for America’s factory output to rebound from the 1991 recession. It took 3½ years to bounce back from the 2001 recession. Now, six years clear of the Great Recession, manufacturing output still hasn’t returned to the pre-crisis levels it reached in 2007, according to revised economic data from the Federal Reserve.”

20 August 2015: “They’re getting rid of family men and I’m scared!”

WARN=Worker Adjustment & Retraining Notification

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”

International

False Flag or Incompetence? Massive 100 meter crater! Surprise inspections reveal massive violations!

21 August 2015 (00:46 UTC-07 Tango 01)/30 Mordad 1394/06 Dhu al-Qa’dah 1436/08 Jia-Shen (7th month) 4713

Tianjin Lite Rail 9 (aka Subway 9, Line 9, Binhai Mass Transit) was shutdown due to the explosions.  It is the main east-west rail line into and out of Binhai, running along the Haihi River.  It is not expected to become operational until October.

At the latest news conference a warning of “secondary disasters” was given, due to the massive amounts of volatile chemicals spread over the disaster area.  Of note, “explosive metallic sodium” is being found.

It was revealed that Rui Hai International Logistics was stacking chemicals in containers three high, and they were not taking into account what the chemicals were, in other words they were mixing the stacking of containers with chemicals that react violently with each other!

People’s Liberation Army personnel are getting closer to the epicenter of the devastating thermobaric explosions in Binhai district, Tianjin, China.  A news crew was allowed to follow one NBC unit as they attempted to find a safe way in.

They avoided puddles of water and smoke as they could contain toxic or corrosive agents.  A steel conex box was smoking but it turned out to be hay.  At this point Nuclear, Biological, Chemical  personnel are limited time-wise by the hot protective suits they wear, one soldier showed signs of heat exhaustion and they had to turn back.

This brings us to a fine example of how big the blast area is.  Satellite pics show a crater that is 1-hundred meters (328 feet) in diameter.   It’s filled with 50-thousand metric tons of water from the fire fighting efforts and the recent rain.  Testing of the water shows it’s contaminated with sodium cyanide, 40 times what is considered “normal”.

“The concentration of all pollutants that we monitor has been the within national standards since August 16th. All the water that has been found containing cyanide has been collected and will not be discharged until it passes the test, cyanide pollution within the danger area is still serious but outside it is basically safe except for some rainwater pipelines. Offshore, there is no significant change in the concentration of cyanide in the sea water compared to the past year. It’s all within the national standard.”-Tian Weiyong, Ministry Of Environmental Protection

Despite the claims that ocean water is safe, there are reports (and pics) of thousands of dead fish washing up on beaches near the blast area.  However, those fish are not coming from the ocean but from the Haihi River.  Government administrators explained that such die-offs are normal during summer, as hot temps allow algae blooms which suffocate fish.

To find out if incompetent handling of volatile chemicals has become the norm, the Chinese government began surprise inspections of ports and chemical companies across the mainland.  So far 2-hundred violations of safety standards has been documented, several operations have been shutdown.  Apparently allowing ‘communist’ companies to adopt ‘western’ corporate ways of doing business results in massive safety problems.

U.S. farm vehicle maker Deere has resumed production at its Tianjin factory.  This is another fine example of how massive the explosions were, the Deere factory is 9.6 kilometers (6 miles) from the blast zone!  Deere administrators say they are still repairing damaged windows and doors.  A Deere employee and his wife are still hospitalized.

Proof it was the World’s biggest Thermobaric bomb!

The latest stats:

More than 4-thousand PLA personnel deployed

114 people dead (mainly firefighters, police and warehouse employees)

692 wounded (more than 50 Toyota employees wounded, it could have been more as the majority of Toyota employees had the day off, U.S. farm vehicle maker Deere also reported wounded employees, but refused to give specific numbers)

646 people still hospitalized

number of missing increased to 69

322 rescued

Blast radius 3km

779 buildings damaged or destroyed

1-thousand+ new Toyotas destroyed

1-thousand 5-hundred new Renaults destroyed

2-thousand 7-hundred new VWs destroyed

Evacuation radius 5km

10 hectares (24.7 acres) confirmed contaminated with sodium cyanide

17-thousand families evacuated

30-thousand people directly affected

12 schools and 3 apartment buildings now evacuation shelters

 

 

Business/Economics, Idaho

“They’re getting rid of family men and I’m scared!” Booo! HP to kill far more than 55,000 jobs by Halloween! : U.S. Job Losses & Store Closings, 20 August 2015

Incomplete list of publicly announced layoffs & shutdowns:

California: More proof tech isn’t recession resistant, NetApp announced it will kill-off 5-hundred jobs, blaming crashing revenues!  Now add to that the announcement by Palo Alto based Hewlett Packard (HP) that they must eliminate far more than their amended plan of 55-thousand jobs, by October!!!  They’ve already eliminated 51-thousand 9-hundred jobs since 2012!  Administrators say even more jobs will be eliminated after October, when HP will be split into two companies!  News reports say the surprise shutdown of Ohio based government paper supplier Sekuworks (see Ohio below) has resulted in no issuing of official documents, like birth certificates, in The Golden State!    It’s estimated that the drought will kill-off $2.75-billion USD in 2015 revenues for the huge California ag industry! Thousands of agriculture jobs lost!  In Petaluma, after eight years the Come Home to Cooking School forced to shutdown by A-hole city administrators who refuse to renew the license to operate!

Colorado: Evil oil industry service company Haliburton eliminating “dozens” of jobs in Grand Junction.  One employee is pissed saying “…nine years and they can’t even tell me face-to-face what’s going on!”  His wife lamented “They’re getting rid of family men and I’m scared! I am about ready to have a baby and I don’t know what we are going to do about insurance!”

Connecticut: Too Big to Jail British empire owned RBS Securities announced it will layoff 50 people in Stamford. Local news reports say RBS Securities has eliminated 550 Stamford jobs since 2013!  University of Connecticut is laying off employees, reports say about 50.

Delaware: Chemours, a chemical company founded in July 2015, is already killing off 330 jobs in Edge Moor (also spelled Edgemoor)!  They’re shutting down the old DuPont titanium dioxide factory.  One employee told local news media that his coworkers are scrambling to figure out what they’re going to do.

Idaho: The city council of Chubbuck has put the kibosh on the dynastic mayor’s desire to give himself a 45% pay raise!  However, the council did agree to give the mayor, and themselves, a pay raise in 2017.  I hope it’s because they know the local economic situation is going to be much improved by then.

Kentucky: Tennessee based paper company Verso Corporation announced they will eliminate 310 jobs as they shutdown their Wickliffe paper mill!  It’s blamed on crashing paper sales and a strong USD.

Louisiana: California based oil company Chevron has begun laying off an undisclosed number of employees at its Covington office.  It could be in the hundreds.

Maine: Tennessee based paper company Verso Corporation announced they will eliminate 3-hundred jobs at their Androscoggin paper mill!  The layoffs will leave 5-hundred employees at the mill, compare that to 1987 when the Androscoggin Mill employed 1-thousand 4-hundred people!

Massachusetts: In Lowell, after 125 years (surviving the Great deflationary Depression and numerous recessions) wholesaler A.H. Notini & Sons shutdown. It was sold-off to a competitor in Maine.

Michigan: Flint School District eliminated an additional 26 jobs, blaming a 10% drop in enrollment. Bagger Dave’s restaurants shutdown in Grandville and Holland, no warning or explanation given.  In Kimball, M&R Surplus shutting down in time for Thanksgiving, after 44 years of selling military gear.  After surviving the Great (deflationary) Depression Sunnybrook Golf & Bowling shutting down.  The land is rumored to have been sold-off.

Mississippi: The city of Jackson has warned that in order to meet their new budget without raising taxes they must layoff employees, impose a hiring freeze and cut pay for all city employees including the mayor and city council.

Nevada: ObamaCare is the final nail in the coffin for Nye Regional Medical Center in Tonopah.  The hospital went bankrupt in 2013 and never recovered, even with taxpayer assistance. News reports say there is only one doctor in town and the nearest hospital is more than an hours drive away.

New York: Barcomb’s Furniture shutting down their Champlain store.  The owner admitted that sales have been declining since the 1990s.  Major news media outlet Thomson Reuters joining the mass exodus by issuing a shutdown WARN for their Valhalla Tax & Accounting Customer Service and Financial Operations, 37 jobs lost between now and March 2016.  Unnamed sources say major news outlet Bloomberg is about to eliminate 1-hundred NYC jobs! It’s blamed on the return of elitist Michael Rubens Bloomberg.  The U.S. Office of Refugee Resettlement has canceled their contract with The New York Foundling-Casa de Paz migrant children housing program.  33 jobs lost by September.

Ohio: Harrison based commercial paper-printer Sekuworks has gone bust, shutting down without warning.  Not only are hundreds of jobs lost, but several U.S. states are now struggling to find a new supplier for official state documents, as Sekuworks was apparently the only one who could perform Intaglio printing!

Pennsylvania:  British empire U.S. tax-sucker BAE Systems shutting down their Jessup military factory by Xmas, the remaining 111 jobs lost!  Administrators say they’ve completed the contract they had with the U.S. Department of Defense.

Rhode Island: The city of Providence suddenly shutdown all five public swimming pools, with no explanation. Rumors say the incompetent city administrators tried to save money by painting the pools with cheap paint that could pose a health hazard when chlorinated water comes into contact with it.

Texas: Houston based department store owner Stage Stores announced they will shutdown 90 stores across 40 U.S. states.  Those stores include Bealls, Goody’s, Palais Royal, Peebles and Stage.  Administrators blame “economic softness”.  To show you that administrators don’t see any future recovery, the shutdowns will take place over the next few years.

Utah:  State Charter School Board ordering the shutdown of Alianza Academy K-8 charter schools in West Valley City and South Salt Lake City. It’s blamed on what I call DSS (Disappearing Students Syndrome), as enrollment has crashed below the state required minimum of 290.

19 August 2015: “…numbers they gave Wall Street were inflated….management don’t want to say no to the big guys…”

WARN=Worker Adjustment & Retraining Notification

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”