“Your World Bank retirement plan is administered by Wells Fargo………When you sign in, you will enter the Wells Fargo servicing platform.”–The World Bank retirement website
Category Archives: Business/Economics
Exceptional Failed State: U.S. Federal Reserve preps for economic collapse! Get your money now! U.S. Comptroller slips up, says crash is coming!
25 October 2013 (23:41 UTC-07 Tango 24 October 2013)/20 Dhu’l-Hijja 1434/03 Aban 1391/21 Ren-Xu (9th month) 4711
“…it’s important to demonstrate that both the level and the quality of the capital is there, uh, before the, uh, a crisis emerges.”-Thomas J. Curry, U.S. Comptroller of the Currency, speaking to CNBC’s Nightly Business Report (which airs on PBS)
Yet again, the Federal Reserve Bank is ordering big banks to increase their cash, bonds and assets reserves. The Federal Reserve ordered an increase in cash reserves back in July.
To give you an idea of what the Federal Reserve is fearing, Too Big to Jail banks are being told they need enough cash on hand to get them through 30 days of “market stress” or “credit drought”! Small banks now need 21 days of cash reserves.
But don’t blame the Federal Reserve for fear mongering, it was the U.S. Congress and the international Basel Committee on Banking Supervision that ordered the move!
Chairman Ben Bernanke said the reserve levels now being required are more than what’s being required for European banks. However, at the current European Union summit increasing bank cash reserves there are being discussed. More signs things are gonna crash.
Regarding the term ‘credit drought’, ironically, ordering banks to hold more cash in reserve will result in even fewer loans to businesses and individuals, which is a major driver of the economy by enabling them to buy stuff. So wouldn’t this move cause a credit drought? The credit drought the Federal Reserve is afraid of involves the availability of easy credit for the Too Big to Jail banks, not you and me.
Exceptional Failed State: EU to sanction U.S. companies! End sanctions against Iran! France & Germany to make joint anti-U.S. statement! EU makes historic deal with Canada!
25 October 2013 (23:01 UTC-07 Tango 24 October 2013)/20 Dhu’l-Hijja 1434/03 Aban 1391/21 Ren-Xu (9th month) 4711
“We are allies facing challenges together. But such an alliance can only be built on the basis of trust. I repeat that spying among friends is not at all acceptable against anyone and that goes for every citizen in Germany.”-Angela Merkel, Chancellor of Germany, Merkel used to live in the Stasi police state of East Germany so she knows the U.S. NSA spying ops are evil
“It is inconceivable and unacceptable that there should be acts of espionage of this type.”-Enrico Letta, Premier of Italy
“I cannot imagine to sign an EU-U.S. free trade agreement given that basic privacy rights have been breached.”-Sigmar Gabriel, German Social-Democratic Party
For those who don’t think the U.S. spying on its allies is a big deal, guess what? The U.S. has lost Europe as it’s only major ally!
At least 28 European Union leaders are being spied on by the NSA. The NSA spied on at least 35 leaders around the World.
At least 70 million French phone calls have been monitored by the NSA.
Germany summons U.S. ambassador, John B Emerson, over NSA spying.
The former head of the DGSE (French intelligence), Alain Juillet, is surprised at the scale of “pillage” conducted by the U.S. NSA. The rogue actions of the U.S. against its own allies now jeopardizes the U.S. led War on Terror.
French President Francois Hollande, and German Chancellor Angela Merkel, are working together writing up a joint anti-U.S. statement. It’s reported they will make demands on the U.S. government concerning what it can and cannot do in Europe!
The European Union (EU) has sanctioned the Terrorist Finance Tracking Program (TFTP) agreement with the United States. That’s because the U.S. NSA used it to spy on Society for Worldwide Interbank Financial Telecommunication (SWIFT). SWIFT supplies secure messaging services to legitimate financial companies.
The EU now says the World’s biggest free trade deal is now in jeopardy because of the United States! It’s known as TTIP (Transatlantic Trade and Investment Partnership). At the current EU summit members of parliament will debate imposing sanctions against the U.S. IT companies involved with helping the NSA. The TTIP deal could have benefited the U.S. economy by $150-billion USD.
On top of that, the EU delegate to Iran, Hannes Swoboda, stated that EU sanctions against Iran should be ended “…in a step by step manner…”
Canada and the EU have agreed, in principle, to the historic CETA (Comprehensive Economic Trade Agreement). Under the deal the EU will end 100% of its tariffs on Canadian industrial products within seven years! The EU would also accept certification of Canadian products by Canadian inspectors. For the Canadian auto industry it could result in a 12 times increase in exports to Europe (the Canadian auto industry is not happy with the U.S. imposed NAFTA). Canada is supposed to apply the same trade policy to European products. CETA also affects trade of food and intellectual property.
Exceptional Failed State: Almost half of foreclosed homes in the U.S. still have families living in them!
25 October 2013 (19:18 UTC-07 Tango 24 October 2013)/20 Dhu’l-Hijja 1434/03 Aban 1391/21 Ren-Xu (9th month) 4711
CNNMoney citing RealtyTrac.com, saying 47% of supposed vacant foreclosed homes still have families living in them! When you break it down by region, the real estate trends tracking company says places like Miami, Florida, and Los Angeles, California, have a 60% foreclosed home occupancy rate.
The conclusion is based on the fact that mail is still being received at many foreclosed homes.
Exceptional Failed State: Reverse retirement? Pension plans taking back retirement payments!
25 October 2013 (19:05 UTC-07 Tango 24 October 2013)/20 Dhu’l-Hijja 1434/03 Aban 1391/21 Ren-Xu (9th month) 4711
The Pension Rights Center reporting a huge increase in retirement plans (including Union pension plans) claiming they overpaid retired workers, and then forcing those retirees to pay it back!
It’s called Recoupment.
CNNMoney reported how one retired woman had her retirement payment reduced to an effective $25 USD per month, due to an alleged six years of overpayment. How does a pension company make such a mistake for that long?
South Central Pension Rights Project reports one man was being forced into repaying $120-thousand! They explained that the pension plan somehow overlooked, for eleven years, that they were overpaying him.
South Central Pension Rights Project reported they’ve been able to stop $9-million in attempted pension recoupment!
The McLaren Bay Region hospital, in Michigan, backed off of trying to rip off 283 retired employees. The hospital was trying to get them to repay pension overpayments, but instead will deal with the IRS over the issue. The hospital also admitted they were underpaying some retirees as well!
Postal service cuts delivery days by half!
24 October 2013 (11:53 UTC-07 Tango)/19 Dhu’l-Hijja 1434/02 Aban 1391/20 Ren-Xu (9th month) 4711
While package volume is up, letter volume has crashed so low (30% drop), government officials have decided to drastically cut delivery service.
In the British empire country of New Zealand the government announced they are cutting New Zealand Post delivery from six days per week down to as few as three! At least 1-thousand people will lose their jobs!
Postal Worker’s Union blames the 1997 law that allowed private companies to collect and delivery letters. The government Post service is limited to standardized service and rates, but private companies are not. The PWU says in a way the 1997 law is actually subsidizing the private postal companies, but even with that the private companies are handling only 10% of the mail.
The Engineering, Printing and Manufacturing union has pointed out that cost cutting within the New Zealand Post have already been made, and moving to three day a week delivery is unnecessary.
It’s also been pointed out that moving to three day a week delivery will result in massive backlog in postal centers as packages and letters will pile up. The three day a week delivery schedule begins in 2015.
Exceptional Failed State: One million U.S. citizens lose their health insurance because of Obama Care!
23 October 2013 (13:17 UTC-07 Tango)/18 Dhu’l-Hijja 1434/01 Aban 1391/19 Ren-Xu (9th month) 4711
“The arithmetic is inescapable, no matter what people in Washington [DC] say.”-Patrick Johnston, California Association of Health Plans, commenting on the fact that people who already have insurance are being forced to switch to more expensive policies
According to Kaiser Health News, 500-thousand to one million people in the United States, who already have health insurance, are being sent cancellation notices!
Florida Blue terminating about 300-thousand policies, about 80% of their customers in Florida!
Kaiser Permanente cancelled policies for 160-thousand people, about 50% of its customer base in California! Blue Shield of California cancelled 60% of its polices! A rep from Blue Shield stated people who had insurance will pay more for the same coverage under Obama Care.
In Pennsylvania, Highmark canceled 20% of its policies. Independent Blue Cross, the biggest health insurance company in the state, canceled 45% of its polices!
It’s possible that the amount of people being kicked off their existing insurance could be at least one million!
Exceptional Failed State: USN screws over taxpayers by selling off aircraft carrier for one penny!!! Two other carriers to meet same fate?
23 October 2013 (11:36 UTC-07 Tango)/18 Dhu’l-Hijja 1434/01 Aban 1391/19 Ren-Xu (9th month) 4711
The gott damn United States Navy just royally screwed over U.S. taxpayers by selling off the USS Forestall aircraft carrier for a measly penny! It was sold to a scrapper in Brownsville, Texas.
When built in the 1950s it cost taxpayers $218 million USD! The ship is made from more than 59-thousand tons of valuable metal!
Several months ago, National Public Radio revealed the decommissioned aircraft carrier was being sold to ship scrapper International Shipbreaking. However, The Brownsville Herald reporting today that the company is called All Star Metals. The Brownsville Herald did not report the contract price.
NPR also indicated that the USS Saratoga and the USS Constellation could also be sold off. NPR didn’t not have any info as to how much the ships will be sold for.
NPR stated that at the time of their report the market value of scrap steel was 10 to 15 cents per pound. The USS Forestall weighs more than 59-thousand short tons (more than 118-million pounds)!
Today, CNN reports the USN has revealed that the $218 million plus USS Forestall was sold for just one cent!
Naval Sea Systems Command quietly made the announcement on 22 October: “Today, the Navy competitively awarded an indefinite-delivery, indefinite-quantity contract to All Star Metals of Brownsville, Texas, for the towing, dismantling and recycling of conventionally powered aircraft carriers stricken from the Naval Vessel Register, and a $0.01 fixed price delivery order for dismantling and recycling ex-USS Forrestal (AVT 59).“
What the above statement means is that the ship was put up for auction and the only bid that came in was for one penny!
Obama is the Commander in Chief of the U.S. Navy.
Exceptional Failed State: More proof Obama Care a false flag op to destroy you!
23 October 2013 (11:21 UTC-07 Tango)/18 Dhu’l-Hijja 1434/01 Aban 1391/19 Ren-Xu (9th month) 4711
“Clearly there’s problems with the website, but I would argue that the problems go much further than that………hundreds of thousands of Americans who are finding out that they’re going to lose their coverage because the plans they have today don’t qualify under ObamaCare……more Americans are going to lose their health insurance than are going to sign up at these exchanges…….it’s affecting the ability of the American people to find the job that will help them take care of themselves and their families.”-John Boehner, Speaker of the House
“Either Secretary Sebelius is lying to protect President Obama or the President needs to get control of his signature health care law.”-Reince Priebus, Republican National Committee
“Either they didn’t know what was going on in their own offices or they were deliberately misleading us.”-Tim Murphy, Congressman from Pennsylvania
“Despite the President’s assertion that ‘we’re well into a tech surge,’ neither the White House nor the Department of Health and Human Services is providing additional details about which private sector companies have been engaged or whether they are being engaged through the appropriate procurement processes.”-Darrell Issa, Congressman from California who sent letters to Verizon, Google, Microsoft, Oracle and Expedia demanding explanations as to their roles in healthcare.gov
Exceptional Failed State: Obama Care NAZI operatives deploying to Texas, and other problem states!
23 October 2013 (11:00 UTC-07 Tango)/18 Dhu’l-Hijja 1434/01 Aban 1391/19 Ren-Xu (9th month) 4711
“We are planning to deploy White House officials and Cabinet secretaries to the 10 cities across the country with the highest rates of uninsured Americans to do enrollment events and other grassroots activities. These cities and metropolitan areas include Dallas, Houston, Miami, Atlanta, Phoenix, Tucson, North Jersey, Tampa, Orlando, Detroit and San Antonio.”-unnamed White House official who can’t count (notice they said “10 cities” but name 11)
“Texas will soon be ground zero for a White House push to jump-start enrollment in the new online health insurance marketplaces.”-dallasnews.com
According to The Dallas Morning News, the Obama regime is deploying Obama Care bullies to Texas, to force people to sign up for Obama Care.
At least ten Texas cities are being targeted. They’re being targeted because of a high rate of people who have no health insurance.
Reports say other states like Arizona, Florida, Georgia, Michigan and New Jersey will soon be targeted by Obama Care NAZI stormtroopers dressed as grassroots political activists.