Syria and Venezuela operate a joint refinery in Alfrekls in the Syrian state of Homs. Iran now wants to increase its role in the operation of the refinery.
Iran currently owns 26% of the Alfrekls refinery, which can produce 140,000 barrels of oil per day. Iran has expressed a desire to increase its investments in the refinery.
Iraq and Syria announced plans to build a pipeline for natural gas, from Iran.
The 2,000 kilometer (1,242 mile) line will end up supplying gas to Turkey, Syria, Iraq, Lebanon, Jordan and Egypt.
Chrysler announced that it will pay back the U.S. and Canadian governments (taxpayers), but not because of increased profits.
Chrysler is trying to get money from private lenders, in order to pay back the government loans. This is a sign that Chrysler doesn’t think it can pay back the taxpayers, based on its sales/profits.
Also, Chrysler is hoping the private loans will be at lower interest rates, than what it’s paying to the governments. The interest rate for the U.S. loans are between 7%-14%, and the Canadians up to 20%. Gee looks like they didn’t get a deal, like most corporations. Is it because Chrysler is owned by a foreign company?
WalMart is going to sell guns again. It realized that part of its declining sales is because it stopped selling guns in about 2,000 stores back in 2006. Here in Idaho WalMart never stopped selling guns.
The move back to selling guns comes after seven straight quarterly losses for WalMart.
Selling guns is good for the U.S. economy, WalMart officials say most of the guns they sell are made in the U.S.
A CNN poll said 75% of U.S. citizens will not watch the royal wedding. ABC’s own online poll currently shows (as I write this) 427 are not “excited about the royal wedding”, 185 said yes they were “excited”.
Here in eastern Idaho a local TV station (KIFI, Idaho Falls) did their own local poll, the results: 54% said they will NOT watch the royal wedding, 15% answered “what royal wedding”?
Yet U.S. media is going to spend most of the day covering a foreign event. In fact CNN, apparently in hopes of getting more favorable results, tried a new poll: still, 62% said “Not at all” interested in the royal wedding.
This is the United States, not the United Kingdom, or any other part of the commonwealth/empire (at least officially). We are anti-royalty, anti-monarchy, we fought a Revolution against the British (today’s United Kingdom) for that reason (as well as unfair taxation).
Why is the U.S. media so bent on covering a foreign spectacle? Lets see, Fox News is really owned by commonwealther/imperialist Australian Rupert Murdoch. He only got U.S. citizenship to placate U.S. laws that said only U.S. citizens could own TV stations. He became a U.S. citizen one year before he created Fox. And he’s bought out many other U.S. media venues, including the Wall Street Journal.
Murdoch is in regular communication with the evil British Empire: “…were in regular communication……there is nothing unusual in the prime minister talking to Rupert Murdoch.”-Former U.K. Prime Minister Gordon Brown’s official spokesman
Is Fox News going to cover the royal wedding? You bet! When are the loyal viewers of Fox, who think they’re true blue conservative Americans, going to wake up and realize that their precious Fox News is run by a red coat limey Imperialist!
Will ABC (American Broadcasting Company, not to be confused with Australian Broadcasting Corporation), NBC and CBS cover the wedding? Yes!
Our own mainstream media conducts polls that show most Americans don’t care about a so called royal wedding, yet our mainstream media is going to blast us with royal wedding crap. That should tell you who they really work for, and who their true target audience is!
Sony is now being sued in the United States, by customers who’re upset that it took Sony more than a week to notify users of the biggest breach of security in Sony’s history.
The FBI’s Cyber Crimes Unit is now investigating. More than 77 million user accounts might have compromised, including credit card data.
U.S. led NATO warplanes bombed Libyan rebels, yet again.
Dr Hasan Malitan, who witnessed the accident, said Wednesday’s air strike hit a building where the rebels were holed up, killing 12 of them. This is at least the third time NATO has bombed the very people they’re supposed to be supporting.
The north eastern areas of Honshu, devastated by the March 11 disasters, will suffer major flooding.
The Land Ministry says the 9.0 earthquake caused a huge portion of the coast off Miyagi Prefecture, to sink. Many parts are now at or below sea level.
The ministry used lasers to check ground height on the Sendai Plain, of Miyagi Prefecture. Before March 11, only 3 square kilometers (1.8 square miles) were below sea level, now 16 square kilometers (9.9 square miles) are below sea level.
Areas known as full tide areas, have increased from 32 square kilometers (19.8 square miles) to 56 square kilometers (34.7 square miles). Areas that could be affected by record high tides (set by 1980 record high tide) increased from 83 square kilometers (51.5 square miles) to 111 square kilometers (68.9 square miles).
Because the typhoon season is here, the Japanese government is asking locals to start sandbagging, now.
Several big corporations who make products from soap to diapers, say they must pass on the higher prices they’ve been paying for raw materials.
“I don’t want to get into shoulda, coulda, woulda; but if you step back, if we didn’t have $1.8 billion in commodity cost increases this year, we would have a fantastic bottom line.”-Jon Moeller, Procter & Gamble
Despite slow sales in the United States, because of the bad economy, the very same corporations complaining of the higher costs they’re paying, are spending money to come up with new products, and of course that’ll be added onto the price you pay at the store.
In the world of soda pop and snacks, Pepsi says their profits are being affected by the increasing price of their ingredients. PepsiCo also owns snack food maker FritoLay, and juice brand Tropicana, as well as other brands. Even though Pepsi says their profits were affected by inflation, they still did well. They also said they’ve adjusted their business forecast to take into account “…high global commodity cost inflation, difficult macroeconomic conditions in developed markets and ongoing strategic investments in emerging markets and in brand-building activities.” In other words, price hikes.
“Why wasn’t the Fed providing these same sweetheart deals to the American people? The Fed was practicing socialism for the rich, powerful and the connected, while the federal government was promoting rugged individualism to everyone else.”-Warren Gunnels, adviser to Senator Bernie Sanders
The Federal Reserve is a privately run bank. It operates to make a profit. It is not interested in helping out the average U.S. taxpayer, because there is no profit in it. It’s only natural that the biggest customers of the Federal Reserve are corporations, like financial institutions and banks, including foreign banks, and governments.
Under court order it was revealed that the Federal Reserve made at least 46 “emergency” loans to the Arab Banking Corporation, and the Libyan government is a 59% stake holder in that bank.
The Federal Reserve has also bailed out two major European banks, as well as many U.S. corporations. The “Fed” makes its money off the interest it charges for those loans. That includes the money it “loans” to the United States. That’s right, our money, the not so almighty dollar, is borrowed from the Federal Reserve.
We little guys are ripped off, because the big low interest lows made to credit card companies, and banks, are used to provide high interest loans to us. I remember a time when the low interest loans to corporate America were supposed to be passed on to the consumer, in the form of low interest loans. That’s what former President Ronald Reagan claimed when he argued for a drop in interest rates from the “Fed”.
Since the late 1990s interest rates to corporate America have been going down, while interest rates to us little guys has been going up. Also notice that interest rates on your savings accounts have been going down as well (and they wonder why American’s don’t save their money in the banks!?).
It’s not just individual consumers that are getting ripped off. If you’re not a big corporation, just a small business, you’ve been ripped off as well. There’ve been several regional businesses where I live, that have folded up, not because they didn’t have sales, but because their banks refused to extend credit, or canceled their credit altogether.
Basically the Federal Reserve is now only interested in being able to turn a big profit off their low interest loans. It can’t do that with small time businesses or individuals. That’s because they’re operating a WalMart type of business plan, that is making profit off high volume, not high prices. The only way you can make big profits off high volume, low price, is to have customers that can afford to buy in high volume.
If the Federal Reserve is charging half a percent interest, it needs to make loans in the billions of dollars, in order to make a profit from that half a percent interest. Logically only big corporations and governments, can take on that big of a loan.
So maybe the Federal Reserve is not “…practicing socialism for the rich, powerful and the connected…” as an adviser to Senator Sanders claims, but is simply acting as any other big corporation would in search of big profits. After all, the “Fed” is the most powerful corporation in the United States (again it is NOT a government agency). But this is just more reason why our money should not be controlled by the Federal Reserve.
By the way, know how much the “Fed” made in profits last year? $81.7 billion.