Category Archives: Business/Economics

Exceptional Failed State: Too Big to Jail JP Morgan Chase ends private student loans, says it ain’t worth it!

06 November 2013 (12:56 UTC-07 Tango)/02 Muharram 1434/15 Aban 1391/04 Gui-Hai (10th month) 4711

Reuters reporting that JP Morgan Chase will make its last student loan disbursement in March 2014.  The Too Big to Jail bank says U.S. student loans are a losing proposition, because of declining enrollments and the fact that many college graduates can’t find jobs that pay enough to repay the loans: “We just don’t see this as a market that we can significantly grow.”-Thasunda Duckett, JP Morgan Chase

However, Reuters pointed out that JP Morgan Chase is bleeding out cash: “JPMorgan’s portfolio has been shrinking by roughly $1 billion to $2 billion a year….”

In other words the real reason for JP Morgan Chase getting out of the student loan business is they are broke!

Other banks have seen their student loan issues decline, according to Reuters the federal government now issues 93% of student loans.

“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

Economic Decline: Pocatello’s Hoku factory bought by construction contractor, to be parted out?

05 November 2013 (05:20 UTC-07 Tango)/01 Muharram 1434/14 Aban 1391/03 Gui-Hai (10th month) 4711

The $700-million USD white elephant known as Hoku Materials in Pocatello, Idaho U.S.A., just sold for a paltry $5.273-mill!

The construction contractor responsible for building the white elephant, JH Kelly, made the offer.  This after a bulk auction brought in a high bid of only $3.7-million, and a piecemeal auction resulted in a high bid under $5-mill.

JH Kelly then made an offer of $5.273-million, which will be reviewed in bankruptcy court on 12 November.  JH Kelly stands to lose a lot because Hoku failed to fully pay the contractor for the work (as well as failing to pay a lot of other companies).

JH Kelly will probably dismantle the factory as the parts can used in oil industry construction, which is JH Kelly’s forte.   Because of the current state of the polysilicon market it is not feasible to find a new polysilicon operator, and the parts are obviously worth more than the whole.

Exceptional Failed State: Idaho & other states beat out Obama Care, have been collecting & giving away your medical data for years!

04 November 2013 (14:56 UTC-07 Tango)/30 Dhu’l-Hijja 1434/13 Aban 1391/02 Gui-Hai (10th month) 4711

“I was just really angry that that right had been taken away from me, to decide that I wanted information shared. Everything was being uploaded to this database.”-Karen Helms, filed complaint with U.S. Department of Health and Human Services Office for Civil Rights

The supposed Red State conservative leaders of Idaho have been doing something that Obama Care opponents have been warning about; giving away your personal medical data!

It’s called the Idaho Health Data Exchange.  Exchange officials admitted they accessed patient records, unbeknownst to the patients, more than 343-thousand times in September alone.  Officials also admit they get weekly complaints from patients who find out about the data access.

The false republican governor, Butch Otter, supports the Idaho Health Data Exchange.  It began in 2008, and got a $5.9 million USD federal government grant in 2010.  Many states operate similar data programs.

“I understand it’s scary, but it’s a really good thing.”-Matt McGraw, Idaho Health Data Exchange

“What we’re really talking about here is patient autonomy, and they’re taking that away. I can’t believe this is happening, and I don’t agree with it.”-Karen Helms

“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

What’s in a Prophecy? Pope Francis says Trilateral Commission led Globalization creates “throwaway” people! Wealthy liberal do-gooders “fill their mouths with the poor”! ISON recorded on video!

03 November 2013 (14:28 UTC-07 Tango)/29 Dhu’l-Hijja 1434/12 Aban 1391/01 Gui-Hai (10th month) 4711

“Climb up, as did Zacchaeus, climb onto the tree of the desire of being forgiven. I will assure you that you will not be disappointed.”-Pope Francis, 03 November 2013 speech imploring people to ‘return’ to the Catholic Church

“The Vatican is taking the unusual step of conducting a worldwide survey on how parishes deal with sensitive issues such as birth control, divorce and gay marriage, seeking input ahead of a major meeting on the family that Pope Francis plans next year.”Associated Press

The Extraordinary General Assembly of the Synod of Bishops will be held in October 2014.

“The Vatican’s new Apostolic Nuncio to Iran says Pope Francis seeks closer bilateral relations between the Catholic government and the Islamic Republic.”Press TV

“To defend this economic culture, a throwaway culture has been installed. We throw away grandparents, and we throw away young people. We have to say no to this throwaway culture…..We don’t want this globalized economic system……At its center there should be man and woman, as God wants, and not money!…..I want this courage to come out from inside and push me to do all I can as a pastor, as a man. We must all face this historic challenge….Charity is not simply welfare…..Sometimes one finds arrogance, too, in those who serve the poor…….they fill their mouths with the poor; some exploit the poor in their own interests or those of their group!  This is a grave sin….”-Pope Francis, September speech to Sardinia’s working poor. Reportedly he threw away his prepared speech after witnessing the sufferings of the poor on the island, and gave a scathing rebuke to capitalism, globalization and liberal do-gooders

Japan’s NHK has recorded the first images of ISON: “Late last month, NHK attached a Super Hi-Vision camera and single-lens reflex to a one-meter diameter telescope at an observatory in Tottori City, western Japan.”-Nippon Housou Kyoukai/Japan Broadcasting Corporation

Astronomers say ISON should become visible, in the early morning hours from the Northern Hemisphere of Earth, at the end of November, when it becomes as bright as Venus.

“After its encounter with the sun Nov. 28, it will be ‘showtime’ for Comet ISON during the first fortnight of December. If the debris field holds together in a reasonable fashion, we will indeed be treated to a 1997 Hale-Bopp-like Comet of the Century in the early evening sky in December. If not, then a December 1973 Comet Kohoutek-like fizzle will be the order of the day.”Roger Culver, Colorado State University

ISON refers to the International Scientific Optical Network.  In September 2012, Vitali Nevski and Artyom Novichonok discovered the huge comet using the Kislovodsk Observatory, which is part of the Network.  They thought it would be easier for people to remember ISON as the name of the comet, rather than the traditional way of naming of a comet using the names of those who discover it.

Pope Francis says ideological Christians are sick in the head! 

Hot Wheels, Matchbox & other toy cars are the new way to protest your corrupt local government!

03 November 2013 (13:33 UTC-07 Tango)/29 Dhu’l-Hijja 1434/12 Aban 1391/01 Gui-Hai (10th month) 4711

What would you do if your local county government used your tax money to buy a luxury car?  Hit ’em with your Hot Wheels!

In the European country of Croatia, residents in one county protested the government purchase of a luxury car by piling Hot Wheels, Matchbox and other toy cars on the steps of the county building in Sisak.

A corrupt county administrator spent $76-thousand USD in tax money to buy herself a German luxury Audi.  She made a false flag claim, saying she needs a car equipped with special electronics to make her daily commutes to work “safe”!

Fluoride is poison! Insecticide companies say so! EPA & HHS say so! First use of Fluoride was as a bug killer!

01 November 2013 (01:14 UTC-07 Tango)/27 Dhu’l-Hijja 1434/10 Aban 1391/28 Gui-Hai (9th month) 4711

“…a growing consensus that Americans are exposed to too much fluoride. It raises the concern that, for many decades now, the public has been overexposed.”-Jane Houlihan, Environmental Working Group, January 2011

“The compounds of fluorine which I employ for the purpose of destroying insects, are certain soluble ones, viz.: sodium fluoride, ferric fluoride, the silico-fluorides of the same bases, hydro-fluo-silicic acid, and the boro-fluo-silicates.”-from the first patent on the use of fluoride in 1896

“Investigations by the United States Bureau of Entomology with sodium fluoride have demonstrated that lice infesting poultry may be readily destroyed by the application of a small quantity of this powder.”Parasites and parasitosis of the domestic animals

It is used in the manufacture of effervescing steel, and the smelting and refining of light metals. It is also used in fluorination of drinking water, as a wood preservative, an adhesive preservative. An insecticide, a protective coating for metals, a pickle for steels and other metals, a flux for soldering and welding, as well as a flux and pacifier for ceramic, glass and porcelain enamel.”Fluoride Chemicals (Yunnan) of China describing the many wonderful uses of their fluoride product

“U.S. EPA today proposed to start gradually banning a pesticide often used on cocoa beans and dried fruits that degrades to fluoride, a move closely linked to the Obama administration’s decision last week to curb the maximum levels of fluoride in drinking water out of concern for children’s health…………..The Department of Health and Human Services and EPA announced Friday that fluoride, long considered a beneficial tap-water additive that helps prevent cavities, should be restricted to 0.7 milligrams per liter, or the low end of previous legal ranges.”The New York Times, 11 January 2011

Fluoride, the primary toxin, interferes with the metabolism of stored fats and carbohydrates that the insect needs to maintain a sufficient source of energy (disrupts glycolysis and the citric acid cycle). The insect then uses protein and amino acids as an alternative source of energy; however, the metabolic rate does not increase sufficiently, and the insect dies. Mortality may not occur for several days…………The following effects were observed at 100 and 300 ppm: decreased body weights, mottled teeth, and injury to the brain, nervous system, liver, kidney, lung, and nasal tissues. In another study, animals died when exposed to concentrations of 600 ppm………At 200 ppm (5.0 mg/kg/day) dogs showed decreased body weight and body weight gain, nervous system effects and changes in the brain………Data is not available from work-related exposures, accidental poisonings, or epidemiological studies to indicate whether sulfuryl fluoride is likely to cause cancer in humans…….Animal studies show that fluoride binds to teeth and bones following long term exposures, resulting in mottled teeth……Sulfuryl fluoride is broken down by hydrolysis into fluoride……”-National Pesticide Information Center Technical Fact Sheet

“The false idea that ingesting fluoride is somehow good for your teeth. At best, fluoride is a topical treatment which should be swished around your mouth and then spat out.“-NaturalNews.com

Fluoride Wars, primary ingredient in Sarin Gas!

Fluoride Wars, people accused of being terrorists when they question water quality! Proof it’s a class warfare thing!

…..none of the drinking water buckets and pans for the dogs and cats were infected, even though they’ve been sitting for a few days.  The animal’s water buckets were filled with city water, which is treated with chlorine and contains fluoride. 

EPA and HHS admit too much fluoride is bad! Argentina says it causes diabetes! Japan says it causes cancer! China (and Harvard) says it reduces intelligence! 

Study contradicts pro-fluoride claims!

Even the ADA now suggests fluoride is bad!

Fluoridated water blamed for Dumbing Down Americans and causing chronic unexplained pain…..

Exceptional Failed State: More lies from the Obama regime! More revelations from Europe & Latin America!

29 October 2013 (05:29 UTC-07 Tango)/24 Dhu’l-Hijja 1434/07 Aban 1391/25 Ren-Xu (9th month) 4711

“We have a great respect for our partners and allies who cooperate with us……..That’s all I have to say.”-Chuck Hagel, U.S. Secretary of Defense

“Google becomes the devil…”-Monica Rosina, Fundacao Getulio Vargas Law School in Brazil

Brazil: Google is accused of directly helping the U.S. NSA to steal millions of Brazilians’ personal data, including President Dilma Rousseff.  The Brazilian government has stopped all other debates and is working to create new laws that will block or penalize IT companies from passing personal data to other countries.  Google officials are whining that such new laws will restrict their plans to expand in Brazil.  The Brazilian government told Bilderberger Microsoft that its contract will not be renewed.

“These TAO accesses into several Mexican government agencies are just the beginning — we intend to go much further against this important target.”-leaked NSA Tailored Access Operations document

Mexico: U.S. government spied on Mexican government for at least a decade, under operations Flatliquid and Whitetamale.  They can be traced back to the beginning of Mexico’s so called Drug War.  The U.S. spying on the Mexican government suggest that the Bush Jr and Obama regimes actually considered the Mexican government the enemy, not the drug lords. (remember when the U.S. government was caught selling guns to drug lords?)

At the recent Organization of American States (OAS) meeting, U.S. officials failed to explain the NSA spying fiasco.  They blamed the False Flag government shut down (only 18% of government spending was stopped during the supposed shutdown): “With the government closed and most of its employees furloughed, we lost the time essential for us to engage our inter-agency colleagues and prepare for this hearing.”-Lawrence Gumbiner, Deputy U.S. Permanent Representative to OAS

Italy: 46 million phone calls recorded by U.S. NSA in just one month.

Spain: 61 million phone calls recorded by U.S. NSA (some reports say it was done in conjunction with United Kingdom’s Government Communications Headquarters) in just one month.

France: 70 million phone calls recorded by U.S. NSA (some sources say it was for Israel) in just one month.

Germany: 361 million phone calls recorded by U.S. NSA (including the Chancellor’s, some reports say for the British empire/United Kingdom) in just one month.

European Union: Parliament members are debating new laws that would directly affect Google, Apple and Facebook.

“Is Angela Merkel a terrorist? Are sixty or seventy million Spanish or French citizens terrorists? Are there terrorists at Petrobras? This is clearly about political power and economic espionage, and the claim that this is all about terrorism is seen around the world as what it is, which is pure deceit.”-Glenn Greenwald, journalist who revealed the NSA scandal

Other reports say most of the info gathered by the U.S. government was actually used for U.S. corporate/investment espionage, not true security issues.  That is a violation of international laws.

“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

Exceptional Failed State: U.S. job losses & store closings 14-15 August 2013. SBA killing jobs! More Obama Care job loses! City retaliates for court decision by laying off employees!

Incomplete list of announced closings and layoffs.

Despite profits, Cisco Systems announced 4-thousand layoffs! CEO John Chambers said, in a PC way, the economy is not recovering: “This recovery is more mixed and inconsistent than the others I have seen.  The environment in terms of our business is improving slightly but nowhere near the pace that we want.”

After 55 years of printing, American Medical Association ended the publication of their magazine!  They blame the bad economy for not being able to make a profit in the past ten years!  You have to view studies at amednews.com.

Arkansas: In Little Rock, Acxiom laid off 20 employees.  The marketing company said they are reorganizing due to the loss of several clients.  Colorado based Pilgrim’s Pride closed down their chicken slaughter house in El Dorado.  29 jobs lost.  In Fayetteville, the Hooters restaurant closed down.  The restaurant manager blamed it on higher rent.

California: In Redwood City, after 35 years of go-kart racing Malibu Grand Prix shut down.  The operators blame property owners for jacking up the rent.  In Duarte, Pacific Scientific Company laid off 194 people!  In West Sacramento, data collection/spying company, Xyratex International, laid off 58 employees.  It’s part of their plans to layoff 320 people by the end of the year!  The personal data farmer is moving operations to Mexico.

Connecticut:  In Clinton, Cashman’s Hardware closed after 50 years of business.  The owner blames the bad economy and being sued by the city council.  The owner left a final message spray painted on the wall of his store.  In Danbury, Tuxedo Junction Entertainment Complex closed.  The owner blamed the bad economy and lack of parking: “If you’ve ever been in downtown Danbury, you know why it closed……Mayor Giuliani cleaned up New York. I think a leader could have handled the 30 people in Danbury.”-Al Caccamo

Florida: Flamingo Products, whose main market is Latin America, now bankrupt.  Company officials blamed the U.S. Small Business Administration, GE Capital, Interamerican Bank and Crestmark Bank.  In Winter Park, Shipyard Brew Pub closed.  The owner blamed lack of parking for lack of business.

Illinois: In Chicago, Cafe Buonaro closed.  The 23 years old family run restaurant is up for sale.  Some family members want to retire and the others want out of the restaurant business.

Indiana: In Valpariso, The Artists’ Den shut down after 41 years in business.  The owners want to retire.

Kentucky: The non-profit Christian King’s Daughters Medical Center laid off 148 people!  Hospital officials are struggling to deal with Obama Care.

Massachusetts: Lowell General hospital laid off 34 employees. Hospital officials say the are “right sizing” because Obama Care forces hospitals to provide health care “at low cost”.

Michigan: Jackson City laid off 15 people. It’s in retaliation for a court decision that nullified their illegal stormwater fee.

Mississippi: In Vicksburg, Patsy’s Downtown Market closed down after only 15 months of operations.  The owner, Patsy Humble, would only say “I’m retiring, that’s it!”  

New York: In Armonk, Too Big to Jail Citigroup laid off 36 employees.  Citigroup contracted out the work.  Alcoa shutting down at least one production line at its Massena East aluminum factory.  100 employees affected!

North Carolina: After 25 years a Lexington Food Lion grocery store shut down.  Company officials said it wasn’t worth it to renew the lease.  About 40 people out-o-work.

Ohio: Pennsylvania based Park View Federal Savings laid off 57 employees.  The bank is being taken over by another bank.  In Mansfield, Ritchie’s Market closed.

South Dakota: In Aberdeen, Urban Indian Health shut down after 36 years of service.  Operators of the low income clinic refused to explain to local news media why.

South Carolina: In Greenville, Too Big to Jail Bank of America closing its Pendleton Street office in November.

Texas: In Tyler, Carrier Corporation moving production to Mexico.  At least 102 jobs lost!  What housing market recovery?  North Carolina based door maker, Endura Products, closed down in Nacogdoches.  55 jobs lost.

Virginia: In Petersburg, Boehringer Ingelheim Chemicals announced it will cease operations in 2014.  Officials with the legal drugs pusher implied it was because of Obama Care: “The pharmaceutical industry is going through dramatic changes and manufacturing needs are being impacted by that change.”-Manfred Psiorz, CEO

Wisconsin: In Milton, the 26 years old Gateway Mattress Factory shut down.  The owner blamed the bad economy: “I basically don’t have enough business to cover overhead. What compounds that is over the last two years of the recession, margins are tighter than they’ve ever been in my life….”-Dave Williams

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

Japan enters U.S. data collection/spying market!

28 October 2013 (11:42 UTC-07 Tango)/23 Dhu’l-Hijja 1434/06 Aban 1391/24 Ren-Xu (9th month) 4711

Japanese tech company, NTT Communications, announced they are taking over two U.S. companies in Colorado and California.

Virtela Technology Services, based in Colorado, provides corporations with computer networking service.

California’s RagingWire collects, processes and stores your personal data.

NTT Communications’ take over will be complete by January 2014.

Japan is part of the Trilateral Commission alliance.

The Trilateral Commission was founded by David Rockefeller in 1973.  The official goal is to foster economic and political co-operation between Japan, North American countries and European countries (notice these are the regions that are currently in big economic trouble).

In 2000, the Japan membership was expanded to include many other Asian countries, and is now called the Pacific Asia Group.

In April 2013, Japan became a member of NATO (which has become the Trilateral Commission’s military unit): “…..You might ask why the Secretary General of the North Atlantic Treaty Organization should come to the Pacific region.  The answer is very simple.  Today’s NATO is a new NATO.  It’s a NATO with a global perspective.  It’s a NATO with global partners.  And Japan is our longest-standing global partner…..NATO and Japan are like-minded……we can help the United Nations and the international community to reinforce the rules-based international system……we need common approaches and responses…….To confront global threats such as terrorism, cyber attacks, and proliferation…..And I am delighted that later today, Prime Minister Abe and I will sign a Joint Political Declaration to guide our future work.”-Anders Fogh Rasmussen, NATO Secretary General, from statement made on the morning of 15 April 2013, Japan National Press Club

Exceptional Failed State: U.S. job losses & store closings 13 August 2013. Warren Buffet kills 600 jobs! Company says bad economy “unprecedented” & “no foreseeable improvement”! Private prisons admit they want more Americans in prisons for the cash!

Incomplete list of announced closings and layoffs.

Aircraft engine maker, Pratt & Whitney, laid off 400 employees!  This is on top of the employee buyout back in May.  Since January, the government tax sucker has laid off 1400 people!

Arizona: In Yuma, 50 years old La Casa Gutierrez Restaurant shut down.  The restaurant was in the family’s home, built in 1895.  They wanted to make sure the home was preserved for Yuma’s history.  They also admitted “…the foundation is compromised…”

Arkansas: 23 years old Brown & Hawkins closed down. The family owners want to retire, they tried to sell the clothing store but nobody was interested.

California: In Palo Alto, Hewlett Packard laid off 500 people! It’s blamed on crashing computer sales.  Another video game maker, Crystal Dynamics, laid off about 12 employees.   In Hollywood the marketing company, The Cimarron Group, out-o-business.  The company that promoted movies like Ice Age and Brave has been quietly closing offices around the World for several months.  In Los Gatos, restaurant Hobee’s Los Gatos shut down. The owners said weekday business was so slow they couldn’t pay the “premier rent”.  The newspaper, Appeal-Democrat, laid off 19 employees. The publisher blamed the suck ass economy: “We are very sorry that we had to let some good people go, but the reduction in workforce was necessary to keep our business healthy.”-Paula Patton

Connecticut:  Tax sucker, Northrop Grumman, laid off more employees in Norwalk.  The factory is being shut down, a total of 315 people will be out-o-work by the end of 2014!  In Bloomfield, Netflix announced it “….has closed the Bloomfield DVD distribution center due mainly to United States Postal Service transportation and service changes, along with increased internal production efficiencies….”

Iowa: In Dubuque, the Main St. Falbo Brothers Pizzeria closed.  The owners said it wasn’t making a profit.

Maine: Maine Medical Center eliminates 225 filled and vacant positions.  It’s blamed on Obama Care and reduced number of patients.

Massachusetts: In Plymouth, the Used Book Superstore closed after only 10 months in business. It’s blamed on the suck ass economy: “We hired a remarkable staff in this location, who all did their best to provide a clean, well-stocked and well-merchandised bookstore.  Unfortunately, we have not been able to hit the numbers we need to hit to make this location work.”-Bob Ticehurst, president

Michigan: The Portage Manufacturing Plant shut down, 40 people unemployed.  The factory was taken over by competition.   In Flint, Bearded Lady Records shut down after only one year in business.   The owner said he had too many projects to deal with.

New York: In Forest Hills, Laytner’s Linen & Home to close at the end of the year.  An unnamed employee told local news media “The landlord jacked up the price on the rent!”

North Carolina: In Winston-Salem, 70 years old Community Shoe Store shut down. The owners wanted to retire.  Their children did not want to take over the business and they could not find buyers. Sales had been declining.  The Iredell-Statesville Schools laid off 52 teachers and teacher assistants. That’s on top of the 54 laid off back in June. It’s blamed on a “surprising” crash in student enrollment. One school official says many teachers still can’t believe their jobs are at risk: “There are people right now that think they have jobs that will not have jobs.”-Alvera Lesane, associate superintendent

Ohio:  In Columbus privately run youth prison, Starr Commonwealth, shut down, 77 layoffs.  Back in April they closed their Van Wert prison, lamenting “….we can’t get the state or private people to put enough kids into the system…to make it economically feasible.”  Vinton County’s only major grocery store, McArtur SuperValu, closed after 27 years of operations.  The owners said “Words cannot express the sadness that this decision carries; however, it simply is not feasible for us to continue.”  Retail fixtures supplier, CSC Worldwide, laid off 94 people.  Company officials said they were getting out of building fixtures like dairy coolers for grocery stores. They blamed the suck ass economy: “The decision to conduct layoffs and cease operations at this facility was the result of an unforeseeable economic environment, including an unprecedented deterioration of market conditions with no foreseeable improvement.”-company statement

Pennsylvania: In Pittsburgh, 350 people lost their jobs with Heinz.  It’s part of H.J. Heinz’ plans to layoff 600 people in the U.S. and Canada.  Heinz has been letting employees go ever since Warren Buffet, and 3G Capital, took them over.  Mexico based Bimbo Bakeries shut down their factory in Wilson.  78 people out-o-work.  The company is building a new bakery in Upper Macungie Township.

Wisconsin: In Milwaukee, Blount International laid off 200 people at its chain saw factory!  Spokesman David Dugan said the company is moving operations “…closer to where our customers are in Brazil, China and Canada.” 

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.