All posts by Hutchins AAron

Born in Deutschland 1965, hometown was Bütthart, parents were not U.S. government employees. However, when father was tricked into joining the U.S. Air Force Civil Service, in 1969, with the promise that we could remain in Germany, we were promptly shipped off to Iran. Due to one of my Iranian educators being disappeared, along with her husband, by the U.S. ally Shah of Iran's Israeli & U.S. created Savak (for the then official terrorist act of promoting the idea that women can vote), and due to my U.S. citizen mother being placed on Savak's Terrorist Arrest List (for supporting the idea that women should vote, at that time the U.S. ally Shah of Iran did not allow women to vote, now they can) we left Iran for the United States in 1973, literally in the middle of the night. At the U.S. Embassy airbase the CIA operated Gooney Bird (C-47) was so packed with other U.S. citizens fleeing our ally Iran (because the Shah gave the OK to arrest any U.S. citizen for such terrorist acts as promoting the concept of voting) that we were turned away by the Loadmaster and had to take a chance on a civilian flight out of Tehran's airport. My father told me he and my mother had three culture shocks; first when they arrived in Germany as civilians, then after being shipped off to Iran as U.S. government employees, then again returning to the United States as unemployed civilians (because so much had changed in the U.S. while they were gone, their only news source was the U.S. Armed Forces Radio & Television Service which heavily censored information about the home front). Since I graduated high school in 1982 I've worked for U.S. government contractors and state & local government agencies (in California), convenience store manager in California, retail/property management in Georgia, California and Idaho. Spent the 1990s in the TV news business producing number one rated local news programs in California, Arizona and Idaho. 14+ years with California and Idaho Army National Guard and the U.S. Air Force. Obtained a BA degree in International Studies from Idaho State University at the age of 42. Unemployed since 2015, so don't tell me the economy has recovered.
Business/Economics, International, Opinion, U.S.

What Economic Recovery? U.S. corporations put the brakes on investing into China, no money to invest

“Under such circumstances, both private U.S. companies and governments in different levels are not capable of investing significantly in China. Somehow they are looking for the investment from China to help them boost their own economies and low-employment rate.”-Zhang Qizuo, economist Chengdu University

The Chinese Ministry of Commerce says investments coming from the United States are way down, compared to last year.  It’s a sign of how bad the U.S. economy is, and the growing discontentment with U.S. citizens in seeing U.S. jobs go to China.

“Large-scale U.S. companies are also under domestic pressure in ‘giving jobs to Chinese’, therefore, they have to consider the feelings of approximately 14 million Americans and deliberately delay or even cut some investment plans in China.”-Zhang Shiqing, economist Nankai University

Overall U.S. investments in China dropped from January of last year, to June of this year, by a big 22.32%.  That’s a big drop, but in dollar amounts, the U.S. still invested $1.68 billion.

European countries, and other Asian countries, are still on the plus side of investing into China.

Another factor in the drop in U.S. investments is inflation in China, which includes the cost of labor.  Labor cost are going up in China, and in the U.S. labor costs are going down, no thanks to Union busting and high unemployment.

I can’t think that this is helping cut unemployment in the United States, after all there has been no change in the overall unemployment situation, even though there’s been a 22.32% drop in investments into China.  Despite what Chinese economist think, I think the real reason is that U.S. corporations, and government, have put the brakes on investing into China, is because they’re out of money to invest.

Fukushima

Corporate Incompetence: Kansai Electric shuts down nuclear reactor after water cooling system fails, only 18 reactors now working in Japan!

While attention has been focused on the damaged Fukushima Daiichi nuclear plant, there is another nuclear plant in trouble. The Ohi plant in Fukui Prefecture.

Kansai Electric Power Company runs the Ohi plant, and Reactor 1 has been on emergency cooling, and now it has failed.

KEPCo says they were able to shut down the reactor.  They are trying to find out why the emergency cooling system failed.  The local prefectural government says that even if KEPCo finds out the cause, they will not allow them to re-start the reactor.

Japan has 54 reactors, now they are down to only 18 operating reactors.  Japan is heavily dependent upon nuclear generated electricity.

 

International, Opinion, U.S.

Evil Cops & Rupurt Murdoch: Scotland Yard boss quits, another arrest, was this more than just unscrupulous journalists wanting a scoop?

“I have taken this decision as a consequence of the ongoing speculation and accusations relating to the Met’s links with News International at a senior level.”-Paul Stephenson, Metropolitan Police Commissioner

The boss of the Met Police, aka Scotland Yard, announced he’s quitting.  A few days ago he acted like this thing with Rupert Murdoch’s various media outlets was minor, and involved only a few managers at various newspapers, and a handful of evil cops.  Turns out it’s much bigger.

Also, remember Rebekah Brooks?  She’s the former CEO of Murdoch’s News International, and a former editor of the News of the World.  A couple of weeks ago she acted like it was no big thing, then suddenly quit last week, but not before reportedly telling her underlings that things were going to get much worse.  Now she’s been arrested.

Brooks is the eighth person arrested in connection with the phone-hacking probe and the fourth arrested in the police bribery investigation.

What’s really troubling about this phone hacking scandal is that it might have been done with the help of the British police.  British cops were willing to take bribes to give out information to help Murdoch’s “fair and balanced” news organizations.  Why would cops be so willing to sell such information to the media, especially Murdoch owned media outlets?

Even here in the United States there is enough cause for concern that the FBI is investigating such Murdoch owned media outlets as Fox News, and the Wall Street Journal, for at least attempting to do the same thing here.  Also, the U.S. Department of Justice is now investigating.

Is the Rupert Murdoch’s media empire really just a huge covert spy agency?  Don’t think it’s not possible.  History shows that the U.S. Central Intelligence Agency (CIA), and British intelligence agencies (SS aka MI5, SIS aka MI6, etc) have set up fake corporations purely for the purpose of spying on people and governments.  Just one example; anybody remember the fake CIA transport airline “Air America”?

 

 

Idaho, Opinion, U.S.

Government Coverup? Idaho police cleared of killing man who was shot several times

On June 17, Idaho Falls police officers tried to apprehend a man wanted for failing to pay fines, and probation violation.  It ended after the man shot one cop, who lived thanks to his bullet proof vest, then the other police returned fire, shooting the suspect at least six times.

The official investigation said the police fired in self defense.  The shots fired by police hit the man in the neck, shoulders and abdomen.  The official investigation claims that the suspect shot himself in the head, after being shot multiple times by the police.  Here’s the problem: The police officers’ own official statements say they do not recall seeing the suspect shoot himself!  Mmmm

 

Business/Economics, International

What Economic Recovery? Chinese Housing Bubble about to explode: Property Loans halted

“You’d better prepare to pay 40% of your home price as down payment, because commercial banks are going to ask more for a property loan.”-Gong Hang, bank official

First the Chinese government created a new income tax schedule that meant more people were excused from paying taxes, but left them potentially unable to buy a home (due to not having the required tax documents).  Then they ordered down payments to be increased, or mortgage interest rates must be increased (some banks did both).  Now, banks are just flat refusing to issue anymore property loans.

In what’s called 2nd and 3rd tier cities, in China, banks are refusing to issue anymore loans for property: “We will not accept property loan applications at present, even if it is from a first-time home buyer.”-unnamed bank official

If you think paying 40% down on a home is outrageous, wait ’till you read this: 40% down is for first time home buyers, if you’re buying a home for the second time Chinese banks now want 50-60% down.

Bank officials say it’s because the Chinese government ordered banks to hold onto their money, by not lending it out.  This is an attempt to control inflation, which Chinese officials are fearing could get out of control.

 

Business/Economics, International, U.S.

Rupert Murdoch scandal hits the stock market, Dow Jones boss quits, FBI investigating possible phone hacks in the United States

One reason why the mainstream media is so into reporting the stock market; Rupert Murdoch owns the stock reporting company Dow Jones.  Tonight, July 15 U.S. time, the CEO of the Dow Jones quit.

Les Hinton, the boss of Murdoch’s Dow Jones & Co stepped down, as the British phone hacking scandal surrounding Murdoch’s News Corp spread to the United States.  The Federal Bureau of Investigation is now looking into similar acts here in the U.S.

Already the CEO of Murdoch’s News International, Rebekah Brooks, resigned.  Brooks was also the editor of the News of the World, the newspaper implicated in the scandal.

More and more British media outlets, owned by Murdoch, are being implicated for the same thing; phone hacking and bribing police and politicians for confidential information.  Murdoch’s News Corp controls a multitude of media outlets around the world, and he controls the Dow Jones.

Why did Les Hinton, the boss of the Dow Jones, quit?  It could be because he used to be the chairman of Murdoch’s News International, when all the alleged criminal acts took place.

British media has reported that Rebekah Brooks made an unofficial statement to employees of the News of the World, that things are going to get only worse, as more information about the goings on inside Murdoch’s News Corp are revealed.

A U.S. corporate governance analysts said the same thing, only officially: “There is going to be a constant drip, drip, drip of more information coming out that is simply going to get worse and worse.”-Nell Minow, GovernanceMetrics

 

 

International

Pacific Ring of Fire: 3rd volcano erupts on Indonesian island

For the third time this year, a volcano is erupting in Indonesia.  This time it’s the Mount Lokon volcano, on the same island as two other volcanoes; Sulawesi island.

This time at least 4,600 people were forced to evacuate.  In March, Mount Karangetang erupted, then on July 3 Mount Soputan erupted.  Mount Lokon, Soputan and Karangetang are all on the Sulawesi island chain.

The last time Mount Lokon erupted was in 1991.

International, Opinion, U.S.

English Queen rips off British taxpayers

“It does highlight the fact that the Palace was trying to pull the wool over people’s eyes last week.”-Graham Smith, anti-monarchy organization know as  ‘Republic’.

Despite the belief, in the U.S., that the Royal Family in the United Kingdom are just figure heads, the Royal Family commands true Royal Power, and it’s the British taxpayers that pay for it.

The Queen of England is just a figure head when it comes to the larger Commonwealth, but in the United Kingdom she reigns supreme: She is the Governor of the Church of England and Scotland.  She is the Head of the Armed Forces.  She opens every yearly session of Parliament by dictating the agenda.  She is the one who signs new laws, not the Prime Minister.

Now the part of the British Parliament, know as the House of Commons (representing the non-lorded class of people), has just released a financial study of the taxes paid to the Royal Family in the past year.  They discovered that the Queen ripped off British taxpayers by at least 4 million pounds ($6 million).

Last week the Royal Family officially stated that they got only 32.1 million pounds, but it turns out they actually got 36.2 million pounds ($52 million).  On top of that the House of Commons investigation (conducted by the Commons Library) revealed other expenses, paid by taxpayers, that were not accounted for by the Royal Family.

Last year’s estimated cost of the Royal Family, to the British taxpayers, was about 202 million pounds ($326 million).  The Royal Family gets taxpayer money from several programs called Grants.  The biggest one is called the Sovereign Grant, and is guaranteed never to decrease.

People of the United States should realize what the Royal Family is doing now is basically what the Royal Family did to push the American colonies to declare independence in 1776, leading to the Revolutionary War.  Back then King George 3rd was ripping off the American colonies by making them pay taxes with no representation, and no return benefit  (just like our grand U.S. government is doing to us now).

 

 

 

Fukushima

Government Incompetence: Second cattle farm shipped off radioactive cows, Cesium levels now at 97,000 becquerels!

14 July 2011, officials from Fukushima Prefecture discovered that a second farm, in Asakawa Town, shipped off as many as 42 internally contaminated cows.

The discovery was made as local officials expanded their testing of locally grown feed for cows.

On top of the discovery that more contaminated cows, from other farms, were shipped off to market, the latest hay samples revealed increasing cesium contamination.  The latest tests show 97,000 becquerels per kilogram of cesium!  Previously the highest reading was 75,000.  The national safe limit is 500.

The contaminated cows from Asakawa Town, were shipped to Yokohama, Tokyo, Sendai and Chiba.  They were shipped between 08 April and 06 July.

 

Business/Economics, International, Opinion, U.S.

What Economic Recovery? IMF says Greece needs a third bailout, and they’re still waiting for the second one

On July 13, the International Monetary Fund issued a report in which they said Greece needed to cut even more public spending, and that it needs a third bailout.  European officials are still hammering out the details of the second bailout.

The IMF says Greece needs a third bailout, consisting of at least 71 billion Euros from the European Union, and 33 billion Euros from private creditors.

Enough! Just let the dominoes start falling!