Category Archives: Business/Economics

Business/Economics, U.S.

Exceptional Failed State: U.S. job losses & store closings 15-16 October 2013. ObamaCare kills ice cream factory? Crashing home loan demand continues to impact housing market! No more bras?

Incomplete list of announced closings and layoffs:

Tax sucker and Big Brother ass kisser, FLIR (forward looking infrared) Systems to consolidate ops in Europe and the United States.  Company officials said they need to reduce staffing to save $20-million USD, due to reduced government spending on their thermal spying optics.

Tax sucker Lockheed Martin laid off 600 employees at their Mission Systems and Training business!  This is on top of the already 367 layoffs announced two months prior!

Mobile phone application maker, Path, laid off 13 employees.  Company officials said it was necessary to “support continued innovation”.

 California: In Poway, Chicken Pie Diner shutdown. The owner tried to sell the restaurant, but the sale fell through and he couldn’t afford to keep it open.

Colorado: In Fort Collins, Famous Runza Sandwich shutdown.  The owner, sensing the deteriorating economy, said he wanted to finish on top.

Florida: What housing market recovery? Mortgage Investors Corporation, which targets military personnel and  veterans, laid off 476 employees!  It’s blamed on crashing demand for home loans.  The company also had to pay a $7.5-million USD settlement to the FTC for harassing military personnel in violation of a Do Not Call List.  In Jacksonville, Hardee’s fast food joint shutdown after more than 20 years in business.

Illinois: Nonprofit Elgin Opera shutdown.  Operators said donations and ticket sales crashed.  In Belvidere, a Kmart shutdown, 91 jobs lost.

Indiana: In Elkhart, Bonnie Doon ice cream factory shutdown. Company officials said Obama Care health insurance rules will jack up their operating costs so high that it’s not worth it to stay in operation.  Elkhart city officials told local news media that Obama Care is threatening dozens of big employers in the area.

Louisiana:  The University of New Orleans shutdown its daycare center.  It’s blamed on taxpayer funding cuts and declining student enrollment.

New Jersey: Bra maker Maidenform shutting down their HQ, and killing  1330 jobs over the next year!  It’s blamed on the takeover by Hanesbrands.

Nevada: In Yerington, Marathon Equipment shutdown.  35 jobs lost. They’re moving to Arizona.  In Green Valley, Bank of the West shutdown their local office.  The California based Too Big to Fail bank blamed it on lack of business.

North Carolina:  What housing market recovery? Too Big to Jail SunTrust Bank laid off 800 employees!  It’s blamed on crashing demand for home loans.

Ohio: In Trotwood, Sears is shutting down, at least 67 jobs lost.  In Bidwell, BEF Foods shutdown, 52 jobs lost.

Oregon: In Reedsport, Pennsylvania based American Bridge steelworks shutdown, 51 jobs lost.  The company opened their Reedsport ops in 2005, helped by massive local tax breaks, and promised to hire 120 people.  In 2006 a rail line crucial to the steel plant’s operations was shutdown, but then re-opened in 2011.  But it was too late, American Bridge was able to get only one west coast contract to build a bridge, not enough to justify keeping the factory open.

South Carolina: A Mount Pleasant Kmart will shutdown.  43 jobs lost.

Texas: San Antonio, Trinity Mining & Construction Equipment laid off 86 people as part of their shutdown.  In Conroe, US Foods shutdown a distribution center.  84 jobs lost.   In Sealy, Bilderberg British empire tax sucking company, BAE, shutdown it’s M2 Bradley IFV factory.  325 jobs lost, but good riddance to the evil Red Coats: “Through its [BAE] acquisition of American companies it has increased its penetration of the U.S. market and has become the prime contractor for the M2 Bradley Infantry Fighting Vehicle….”-Defense Procurement News

Washington:  TOP Food and Drugs shutdown three stores throughout the Evergreen State. In Yakima, Bemis Stereo First and TV shutdown after 34 years.  The owner blamed crashing sales on the internet, even though there are plenty of examples that even internet stereo and TV sales are crashing (it’s just a bad economy).

Wisconsin: MetJet shutdown, all flights canceled, many passengers stranded.  Company officials blamed it on crashing ticket sales.

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics, Idaho, U.S.

Idaho call center shutting down, or just more of the same BS game by Center Partners?

23 January 2014 (04:47 UTC-07 Tango)/21 Rabi ‘al-Awwal 1435/03 Bahman 1392/23 Gui-Chou (12th month) 4711

“Awesome products extremely bad job. Management sucks and the people your trying to help take things overboard crying about there gaming systems. It’s almost a pointless job.”–Customer Support Technician (Former Employee), Idaho Falls – January 20, 2014

“I wouldn’t recommend anyone working for this corporation.”-Inbound Sales Associate (Former Employee), Fort Collins, CO – January 2, 2014

Local east Idaho news reporting that Center Partners’ call center in Idaho Falls has told employees they will be losing their jobs.

Unnamed employees immediately called local news sources after they were ordered by Center Partners not to talk to the news media.  The layoffs begin now and run through to the end of March, because word is the place is shutting down by 31 March.  Apparently the company is consolidating operations.

Center Partners refuses to respond to local news media inquiries. But you can find plenty of bad comments from former employees on the internet.

“….I joked with a coworker during training saying, 'I like it here to an extent, but it seems that it's just a bunch of uneducated Idahoans vying for the few semi-decent paying jobs that are here.' We laughed of course, but I didn't realize how true it was until after I finished training.
I also think this is where the unprofessionalism and nepotism come into play. Perhaps if some of the supervisors or managers had experience with other work environments the site would have a more professional tone. But it doesn't. And I think it's particularly unprofessional and UNETHICAL to have a married couple be management level employees, both employed at the same site, and working in the same project.“–SCEA Tier One Agent (Former Employee) Idaho Falls, ID

The Colorado based company touts itself as being a top contracted call center operator, first going into business in 1997.  It has operations in Colorado, Idaho and Washington.

There is little info about the company out there.  The company contracts with major corporations to handle calls from their customers.  Center Partners say they specialize in the following “customer touchpoints”:  Inbound/Outbound calling, Chat, Email, Social and @Home.

“I have worked at multiple call centers in different cities, and I have NEVER encountered a call floor as loud as theirs in Idaho Falls. It’s not the agents that are loud, it’s the trainers and the managers and the helpers who REFUSE TO BE QUIET while they are on the floor. It’s the Trainers and their buddies who carry on full-blown non-work-related conversations (gossip) behind the agents who are trying to deal with (for the most part) upset consumers. The agents need back-up who understand the need for a quiet work area. Consumers who call in deserve to have the full attention of the agent they are speaking with, not one who is constantly distracted by the people that wander the floor.”-CUSTOMER SERVICE AGENT (Former Employee), Idaho Falls, ID – December 5, 2013

“I worked for this company for over 2 years….Management…were extremely egotistical, and socialized only with each other…..Benefits are overpriced and a joke….Some employees and management were clearly inebriated at work, and some were known convicted felons…….”-Sales Representative (Former Employee), Liberty Lake, Washington – December 3, 2013

Basically most Center Partners employees report, on internet employer rating sites, the same news that you hear from employees of other call centers; overall it’s a lousy job.

In 2013, Center Partners began laying off and shutting down it’s few call centers, or so it said.  In July 2013 the company announced it would layoff 578 employees in Washington, and 600 employees in Colorado.  Company officials blamed “changing business needs”.

At that point they were not sure what they would do with their Idaho operations.

In August 2013, it was revealed that Center Partners lost their contract with Capital One.  That contract apparently covered the pay for 42% of the company’s employees.

Then, suddenly in October 2013 Center Partners said not only were they not shutting down their Washington operation, but they would hire almost the same amount of staff they were going to fire!  Company officials credited “internal restructuring”.  It turns out that many employees had left the Washington office anyway!  The company also admitted they were still cutting management jobs.

Also in October 2013, Center Partners reported that thanks to “…efforts to reposition people internally…” they were actually going to add 400 jobs in Colorado, instead of layoff 600.  That’s a clear sign of inefficiency and incompetence when on one hand you say you have to kill 600 jobs, then magically on the other hand with some simply repositioning of employees you can suddenly add 400 jobs?  Oh but wait, it turns out that many employees in Colorado had already left as well.

It’s interesting that employees quit simply because they heard they were going to be laid off.  A local Spokane, Washington-Coeur d’Alene, Idaho TV station did interview management for the call center there and they confirmed that many employees quit just because they heard there would be layoffs.  So what this means is the company didn’t really create any new jobs they’re just replacing the people that quit.

The company also says they got new contracts, but didn’t specify.

It sounds like what’s happening is Center Partners is using the threat of impending layoffs to scare some unwanted employees away.  It’s an old trick, if you have a number of employees who’ve been with you long enough to pester you for a raise and benefits or a promotion, you lay them off for whatever reason.  And under Idaho’s Right to Work you over laws an employer is not required to give a reason for laying you off.  And by the way, In Idaho if an employer times their layoffs just right then they can get out of paying unemployment assistance!  They just need to make sure the employees never worked over a certain amount of hours, or never went over a certain amount of pay under Idaho Department Of Labor’s “reporting period”, and the laid off employees don’t get any unemployment assistance!  I know, it’s happened to me.

Business/Economics, U.S.

Exceptional Failed State: ObamaCare Layoffs 2013, part 4!

Incomplete list of publicized healthcare layoffs and closings 16-31 May 2013.

The biggest insurance company in the U.S., MetLife, has laid off 2500 people since 2012!  The insurance and investment company said the United States is no longer the place to do business and will focus on other countries for growth opportunities!!!

California: In San Mateo, reports that Mills Health Center closed its 4th floor Senior Health Services operations, 76 people unemployed.

Connecticut: The Christian God can’t stop an undisclosed amount of layoffs at Saint Vincent’s Medical Center!  It’s blamed on the Obama/Romney Affordable Health Care Act!

Delaware: The McCready Memorial Hospital/Alice Byrd Tawes Nursing Home laid off 18 employees, and turned five full time jobs into part time jobs.

Illinois: The Roseland Hospital laid off 68 employees.  Another 47 people had their workweek reduced by one day.

Kansas: 400 layoffs at the Christian health care organization known as Via Christi Health!  They blame it on declining hospital admissions and physician visits, as well as the Obama/Romney Affordable Health Care Act cuts to Medicare/Medicaid.

Maryland:  50 jobs lost as the Maryland General Hospital shut down its obstetrics and gynecology services.

Michigan: Catholic Ascension Health laid off 350 people at Saint John Providence hospital, and 350 people at four other operating units and seven hospitals throughout Michigan!  Officials with the largest Catholic health care system in the United States blamed it on declining customers and “lower reimbursement from Medicaid and Medicare” caused by the Obama/Romney Affordable Health Care Act!

Minnesota:  500 people lost their jobs with medical device maker Medtronic!  It’s blamed on a decline in demand for heart devices, and, the new Obama/Romney Affordable Health Care Act medical device tax doesn’t help either.

Nebraska: Novartis Consumer Health laid off 72 employees, and closed 41 open positions in their Lincoln factory.  Apparently these new job cuts are in addition to the 300 layoffs announced in April.

New Jersey: Toms Rivers Hospital laid off 68 employees and eliminated 85 positions!  They blame it on the Obama/Romney Affordable Health Care Act!

New York: The Orange Regional Medical Center laid off 80 employees.  They blame it on the Obama/Romney Affordable Health Care Act!  The Catskill Regional Medical Center laid off 60 employees.  They blame it on the Obama/Romney Affordable Health Care Act!  Sound Shore Health System now bankrupt: “As is true with many community hospitals serving a working-class constituency, the Medical Centers have been beset by the financial pressures caused by cuts in Medicare and Medicaid funding.”-Court filed bankruptcy statement

North Dakota: Trinity Health closed its clinic in Parshall.

Oklahoma:  The Christian God can’t stop 210 layoffs at the non-profit health care organization known as Saint John Health System!  Governor Mary Fallin is being blamed for refusing to expand Medicaid coverage, and they also blame the Obama/Romney Affordable Health Care Act cuts to Medicare/Medicaid.

Rhode Island: Lifespan healthcare system laid off 107 employees! They blame a $150 million shortfall on the Obama/Romney Affordable Health Care Act!

Wisconsin:  250 layoffs at the Christian hospital system known as Ministry Health Care!  They blame it on the Obama/Romney Affordable Health Care Act!

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

ObamaCare Layoffs 2013, part 3! 

ObamaCare layoffs 2013, part 2!

 ObamaCare layoffs 2013, part 1:

Business/Economics, International

Do you like working for the 1%? New study says only 85 people control half the World’s wealth! U.S. recession a False Flag used by the 1% to take your money! EU austerity False Flag used to make the 1% even richer!

20 January 2014 (12:25 UTC-07 Tango)/18 Rabi ‘al-Awwal 1435/30 Dey 1392/20 Gui-Chou (12th month) 4711

As the economy continues to contract did you ever wonder “Where’s all the money going?”  According to a new study out of the Bilderberg British empire member known as United kingdom, almost half the World’s wealth is being funneled into the pockets of just 85 people!

Oxfam International says “The wealth of the one percent richest people in the world amounts to $110 trillion. That’s 65 times the total wealth of the bottom half.”

In the United States, the top 1% used the 2009 recession to capture 95% of wealth in the U.S., making the majority of U.S. citizens poorer: “…the wealthiest one percent captured 95 percent of post-financial crisis growth between 2009 and 2012, while the bottom 90 percent became poorer.  The Great Recession did not change the trend in concentration of income: the share of US national income going to the top decile stands at 50.4 percent – its highest since World War I.”

The Oxfam study, Working for the Few, says the austerity (government spending cuts and increased taxes) is a scam run by the rich: “…..the combined wealth of Europe’s 10 richest people exceeds the total cost of stimulus measures implemented across the European Union (EU) between 2008 and 2010 (€217bn compared with €200bn). Furthermore, post-recovery austerity policies are hitting poor people hard, while making the rich even richer. Austerity is also having an unprecedented impact on the middle classes.”

Oxfam blames the growing disparity on tax policies and anti-competition laws that favor the rich.  Oxfam also admitted “It is likely that the full concentration of wealth is in fact even worse, as a significant amount of wealth among those at the top of the scale is hidden away in tax havens. It is estimated that $18.5 trillion is held unrecorded and offshore.”

The laws favoring the 1% is the result of outright bribery of your ‘elected’ officials. Oxfam gave several examples, here’s one: “In 2010, President Obama signed into law the Wall Street Reform and Consumer Protection Act (known as the Dodd-Frank Bill). The objective of this legislation is to regulate financial markets to protect the economy from a second major crash. However, the financial industry has spent more than $1bn on hundreds of lobbyists to weaken and delay the Act’s full implementation. In fact, in 2012 the top five consumer protection groups sent 20 lobbyists to defend Dodd-Frank, while the top five finance industry groups sent 406 to defeat it. Even though Dodd-Frank was signed into law more than three years ago, only 148 of its 398 rules have been finalized….”

Oxfam discovered that the true shadow government and banking system is that which belongs to the global 1%: “….a global network of tax havens has evolved that has far-reaching implications for increased economic inequality. Large amounts of wealth are hidden from view, and are largely untaxed, denying national treasuries vital resources that could be used to benefit society………This network of secrecy and low tax rates facilitates the illicit flows of large amounts of capital from the poorest countries. It is estimated that between 2008 and 2010, sub-Saharan Africa lost on average $63.4bn dollars this way each year, or more than twice what it received in aid.”

The study also confirmed the adage that the rich get richer, pointing out that it’s children of wealthy parents who get richer, while children born into families of middle and lower classes get poorer.  Oxfam says it’s the result of an effect they call the “privilege cascade”.

Unfortunately the report does not name names, but the biggest share of the global wealth stealing is being done by the 1% of the United States.

Business/Economics, Idaho, U.S.

More Economic Decline: Idaho’s Coldwater Creek shuts down first store in 2014! As leases expire stores will close! Warning from NASDAQ!

20 January 2014 (11:38 UTC-07 Tango)/18 Rabi ‘al-Awwal 1435/30 Dey 1392/20 Gui-Chou (12th month) 4711

The Sandpoint based women’s clothing retailer Coldwater Creek is shutting down a store in the NorthPark Mall in Davenport, Iowa.   It’s all part of their plans to layoff at least 100 employees in 2014.

In December 2013, company officials stated they had shutdown 50 stores since 2011.  They also said they are adopting the Sears Holdings plan of action, as leases expire stores will close: “the actual number and timing of planned store closures depends on a number of factors that cannot be predicted, including among other things the future performance of our individual stores and negotiations with our landlords“-Third Quarter of Fiscal 2013 Operating Results

NASDAQ has given Coldwater Creek until 01 July 2014 to get its stock price back above $1 USD per share, or the company will be de-listed from the stock exchange.  Being de-listed will allow stock holders to buy and sell Coldwater Creek shares anywhere, not just the NASDAQ.  It could be possible to buy a share for less than one penny!

Company officials also said they are halting all quarterly “guidance” until their financial situation becomes more “predictable”.   That’s funny, because it is very predictable, as in 13 consecutive quarterly losses!  I predict sales will continue to go down.

 

Business/Economics, Idaho, U.S.

Exceptional Failed State: ObamaCare Layoffs 2013, part 3!

Incomplete list of publicized healthcare layoffs and closings 01-15 May 2013:

Regence Blue Cross/Blue Shield health insurance laid off 55 people across Idaho, Washington, Oregon, and Utah (some reports said 56).

Medtronic ended about 230 jobs!

The merger of U.S. Analogic with Canadian Ultrasonix Medical resulted in 140 people losing their jobs in Colorado and Vancouver!

The labs of Astellas’ OSI Pharmaceuticals subsidiary at the Broad Hollow Business Park in Farmingdale, New York, and of the Perseid Therapeutics subsidiary in Redwood City, California, closed.  At least 200 jobs lost!

California: The not for profit doctor and hospital network known as Sutter Health announced 169 people lost their jobs! 54 employees at the Porterville Developmental Center laid off.  Dignity Health laid off 150 employees in Sacramento, and 300 in Stockton!

Florida: Liberty Medical Supply laid off 211 employees!  Liberty Medical already laid off 260 employees in January, then went bankrupt in February!

Indiana:  Eli Lilly, announced drastic cuts.  At least 1624 people lost their jobs!  Orthopedic products maker Zimmer laid off at least 50 employees.  Company officials blame it on that damned Affordable Health Care Act (Obama/Romney Care), which created a new federal medical device tax. Warner Transitional Services shut down and laid off 112 people!

Kentucky: Hospice of the Bluegrass got rid of 16 jobs.  They blame it on cuts to Medicare and Medicaid no thanks to Obama/Romney Care (Affordable Health Care).  Kentucky Spirit Health Plan laid off all its 145 employees!  The company focused on providing Medicare covered care for children.  Company officials say the drastic cuts to Medicare funding by the Affordable Health Care Act (Obama/Romney Care) forced them to shut down because the new Medicare payments don’t cover the basic costs of operations!

Louisiana: Schumacher Group shut down its Patient Financial Management Services, 41 people laid off.   Blame Obama/Romney Care (Affordable Care Act).

Massachusetts: Blood management systems provider Haemonetics, shut down operations in Braintree. 320 jobs lost!  New England Baptist Hospital in Boston laid off 12 managers.

Minnesota: 79 people lost their jobs with Laboratory Corporation of America Holdings.

Missouri:  Liberty Hospital laid off 129 employees!

New Mexico:  The Gila Regional Medical Center converted 70 full time jobs to part time only.  The hospital has also stopped the $40 million expansion project, postponed a new health information software system and shut down its Home Health Services in Luna County as well as Home Health’s D&E wavier and Helping Hands programs in Grant County!  Hospital officials blame it on the increase in uninsured customers who can’t pay and the Affordable Health Care Act (Obama/Romney Care) which drastically reduces Medicare and Medicaid payments.

New York: Arnot Health laid off 22 employees at Saint Joseph’s Hospital.  They shut down a surgical unit.  Ulster County warned employees at the Golden Hill nursing home that layoffs were coming. The Malone Veterans Affairs clinic closed down.  And 22 people laid off by MVP Health Care: “The health care marketplace is changing rapidly, and MVP must constantly adapt….”   Saint James Mercy Hospital cut 50 positions: “SJMH is continuing to experience significant declines in patient volumes, patient days and revenues, as well as reduced state and federal reimbursement and we cannot continue to support our current operation under these conditions.”-Mary LaRowe, Saint James Mercy Health System

Ohio: Mercy Hospital eliminated 18 jobs.

Pennsylvania:  In Sellersville, Israel based Teva Pharmaceutical shutting down its research and manufacturing facility by 2017.  472 employees affected!

Rhode Island:  Westerly Hospital eliminated 45 jobs.

Tennessee: Pfizer operations in Bristol laid off 25 employees.

Texas:  Galt Medical shutting down their Garland factory over the next two years.  139 people unemployed!  Galt specializes in medical devices, which are going to be hit with a massive tax under the Obama/Romney Affordable Health Care Act!

 Washington: The Yakima Valley Memorial Hospital laid off 19 employees.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

ObamaCare layoffs 2013, part 2!

 ObamaCare layoffs 2013, part 1:

Business/Economics, U.S.

Exceptional Failed State: U.S. job losses & store closings 11-14 October 2013. ObamaCare kills children’s programs! Big time university layoffs! City taxes killing off grocery stores!

Incomplete list of announced closings and layoffs:

Savient Pharmaceuticals now bankrupt.  It’s being sold off to Sloan Holdings.

Alabama: What automotive industry recovery?  France based Michelin laying off 100 people at its BF Goodrich tire factory in Tuscaloosa.  Company officials said there was too much inventory sitting on shelves, due to the bad economy.

Arizona: In Tucson, 63 years old Arizona Mail Order shutdown.  59 jobs lost.  The Massachusetts based owner is moving ops to Pennsylvania.

California: What housing market recovery?  Across the Golden State JPMorgan Chase Mortgage shutdown offices and laid off at least 897 people!  It’s blamed on crashing demand for home loans. In San Diego, LPL Financial laid off 31 employees.

Delaware: What automotive industry recovery?  Evraz Claymont Steel shutting down their steel factory.  375 jobs lost!  Company officials blame declining sales and a steel market flooded with foreign products.  They made steel plate for other industries.  In Harrington, Georgia-Pacific shutdown its Color-Box packaging facility.  95 jobs lost.

Florida: A Kmart in Panama City Beach will shutdown. 54 jobs lost.

Illinois: The city of Galesburg warns it will have to layoff more than a dozen employees in 2014, to save $1-million to $2-million USD.  Dominick’s grocery store shutdown all 72 stores!  Dominick’s was owned by Safeway, which had warned they were “exiting” the Chicago market.  In Sterling, the Kmart will shutdown.

Maine: Electronic mapping company, DeLorme, laid off 10 employees.   Company officials said they were not in financial trouble, but “in transition”.

Maryland: In Frostburg, Acropolis Restaurant shutdown.  The owner blamed his health, the bad economy and the fact that the local fire marshall reduced his legal seating capacity to 49.   The dumb ass city of Baltimore jacked up its “bottle tax” in 2010, and now Santoni’s Supermarket is dead!  80 jobs lost.  The grocery store first opened in the 1930s.  “Since the beverage tax levy went into effect in July 2010, Santoni’s has realized total store sales loss in excess of $4 million….”-Robert Santoni Junior

Massachusetts: Home grown food maker, Joseph’s Gourmet Pasta and Sauces, laid off 73 employees.  The company was sold to Switzerland based Nestle in 2006.  In Somerset, a Wendy’s fast food joint was shutdown after customers complained and it failed a health inspection.

Michigan: What automotive industry recovery? In Grand Rapids, Bentler Automotive shutdown, 200 jobs lost!  In Vassar, Metavation shutdown, 113 jobs lost! The company was taken over by Dayco Products.

Missouri: Paper products maker, RockTenn, shutdown their Saint Louis factory. 50 jobs lost. It’s blamed on the company’s purchase of Smurfit Stone Container in 2011.

New Jersey:  After 44 years of art education the Matawan Student Enrichment Program shutdown.  Student enrollment crashed.

New York: In Colonie, a Kmart is shutting down.  72 jobs lost.

North Carolina: Residential treatment facility The Children’s Home and Peek-A-Moo Child Development Center shutdown, 79 jobs lost.  It’s blamed on Obama Care funding cuts.

Ohio: The Dayton Daily News warned of more layoffs. At least 22 people this time.  It’s blamed on declining sales, which company officials blame on the internet.  In Cleveland, iconic Peabody’s and Rascal House live music clubs shutdown. It’s blamed on Cleveland State University, which annexed the properties.  In Solon, Park View Federal Savings Bank laid off 57 employees. In Columbus, what housing market recovery?  Too Big to Jail JPMorgan Chase Mortgage shutdown, 97 jobs lost!  In Springboro, tax sucker General Dynamics laid off 31 employees.

Texas: The University of Texas laying off 500 people!   University officials expect continued declines in taxpayer funding and student enrollment for the next ten years!  In Denton, Conn’s appliance and furniture store shutdown. Local news media say employees were given two weeks notice, but the company refused to explain the shutdown.  The company actually reported a profit to investors.   What housing market recovery?  In Coppell, Too Big to Jail JP Morgan Chase Mortgage shutdown, 52 jobs lost.  In Fort Worth, JPMorgan Chase Home Lending shutdown, 451 jobs lost!

Wisconsin: In Milwaukee, JPMorgan Chase shutdown, 94 jobs lost.

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics, U.S.

Exceptional Failed State: ObamaCare layoffs 2013, part 2!

Incomplete list of publicized healthcare layoffs and closings from 26 February to 20 April 2013:

California: In Modesto, Memorial Medical Center laid off 39 office employees.

Connecticut: The New Milford Hospital closed its Family Birthing Center.

Delaware Hospice laid off 52 employees (after laying off 104 employees starting in January).

Florida: Rotech Healthcare now bankrupt after being accused of ripping off Meidcare-Medicaid.

Indiana: Orthopedics company, Medtronic, laid off 50 people in Warsaw.  Company officials blame the Obama/Romney Care medical device tax.

Kentucky:  Murray-Calloway County Hospital laid off 28 employees.  Hospital officials blame Obama/Romney Care and a huge decrease in customers ($7.5 million USD decrease)!

Maryland: Obama/Romney Care being blamed for layoffs at Frederick Memorial Hospital.  40 people let go: “What hospitals are doing nationwide, and in Maryland in particular, are to find ways to adjust the provision care models to adjust to the decreasing amount of Medicare reimbursements.”-Harry Grandinett, Frederick Memorial Hospital

Massachusetts: The Cape Cod Hospital closed its endoscopy center. At least 20 employees laid off.  You can blame Obama/Romney Care for reduced reimbursements for services rendered.  Quincy Medical laid off 30 nurses.  Tuell Nursing Home shut down after four decades of operations.  The operators blamed skyrocketing health care costs, and reduced Medicare payments under the Obama/Romney Care.

Michigan: Detroit Medical Center laid off 300 people!  Those still with jobs got pay cuts!  Blame Obama/Romney Affordable Health Care Plan!

New York: Oswego Hospital closed its pediatric unit.

New Jersey: The Richard Hall Community Mental Health Center announced the ending of 15 positions and reduction in services due to reduced funding.

New Mexico: 57 UNM Hospital employees lost their jobs.  The hospital contracted out their jobs to try and save money under Obama Care.

North Carolina: Three Streams Family Health Center, which helps people without insurance, closed down.

Ohio: Maker of home healthcare products, Invacare, laid off 68 people.  Company officials are blaming the U.S. Food and Drug Administration.

Oregon: Easter Seals closed their Children’s Therapy Center in Salem.

Pennsylvania: Reading Eagle, owner of Reading Hospital, laid off 210 medical staff, plus eliminating another 181 jobs through attrition!  Officials blame the Obama/Romney Care (Affordable Care Act) cuts to Medicare/Medicaid!

Texas: In Houston, the DePelchin Children’s Center shut down its Elkins residential treatment center.  44 people unemployed. The owners blamed the closing on the changes being made to how federal and state governments reimburse for the treatment of children with severe mental, emotional and behavioral problems (Obama Care).

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

 ObamaCare layoffs 2013, part 1:

Business/Economics, U.S.

Exceptional Failed State: U.S. job losses & store closings 10 October 2013. Major ObamaCare shutdown hits Virginia! White House bankrupt! Jewish drugs pusher laying off 5-thousand! More big bank layoffs!

Incomplete list of announced closings and layoffs:

Israeli based, U.S. traded, legal drugs pusher Teva laying off 5-thousand people around the world, including the United States.  “Teva improves health in the US every day, every minute, every second…….Teva is the world’s largest maker of generic pharmaceutical products. We have a global product portfolio of more than 1,000 molecules and a direct presence in about 60 countries.”-company statement

Internet news source, The Daily Beast, laid off 24 employees. It’s blamed on its short lived merger with Newsweek.

California: In Rancho Cordova, a Kmart will close, 97 jobs lost.

Florida: The PGA Tour Stop shop at World Golf Village shutdown.

Indiana: In Fort Wayne, it was announced a Kmart would close down. 70 jobs lost.

Louisiana: In Monroe, the University of Louisiana cut 35 jobs.  School officials blame it on continued declining revenues.

Massachusetts: In Saugus, the 52 years old Hilltop Steak House, with its 21.3 meters (70 feet) tall cactus sign, shutdown. The owners gave only a week long warning and blamed it on a “…dramatic change in the volume of our business.”

Michigan: In Petoskey, Glen’s grocery store shutdown.  It is consolidating with another store.

New Jersey: Cranford Paint and Hardware shutdown.

New York: In Rochester, Rich’s Products Manufacturing shutdown, 92 jobs lost.

Pennsylvania: MacOutfitters shutdown three stores. The company went bust.

Ohio:  Gallipolis Developmental Center eliminated 80 jobs.  The home for people with developmental disabilities blames it on crashing demand for their services.

Oregon:  The Portland Development Commission laid off 15 people.  The city is still trying to slash its budget.

Texas: What automotive industry recovery? Too Big to Jail OmniAmerican Bank laid off 24 employees, and announced they are cutting back on loans for buying cars.  Bank officials said the going interest rates on car loans are too small to make it worth their while. In Irving, Too Big to Jail Retreat Capital Management shutdown, 73 jobs lost.

Virginia: In Christiansburg, StellarOne bank warned of layoffs due to its merger with Union First Market Bank. In the Richmond area, Too Big to Jail Capital One laid off 200 people, despite claiming they have 470 open positions!  In King George County, three medical centers shutdown!!!  They are Gateway Medical Urgent Care, King George Pediatrics and King George Medical Center.  According to the U.S. Department of Health and Human Services the county is “medically underserved”. So much for the Affordable Health Care scam! Georgia-Pacific laid off 80 employees, and shutdown its Jarratt fiberboard plant.

Washington DC: The White House Gift Shop now bankrupt.  The store is located a couple of blocks from the real White House.

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics, U.S.

Exceptional Failed State: Albertsons shutting down 26 stores by February!

17 January 2014 (10:41 UTC-07 Tango)/15 Rabi ‘al-Awwal 1435/27 Dey 1392/17 Gui-Chou (12th month) 4711

The downward spiral of what was once Idaho based Albertsons grocery stores continues.  In January 2013 evil Cerberus Capital Management became sole owner of Albertsons.  14 stores were shut down in 2013.

It’s just been announced that another 26 stores will shutdown by the end of February 2014!

One store in Arizona, 11 stores in California, two in Nevada, one in New Mexico, two in Oregon, five in Washington.  As well as two Acme Markets in Pennsylvania, and two Shaw’s in Massachusetts.

Alberstons is playing the same game as Sears Holdings: As leases expire they shut-em-down!

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013