Category Archives: Business/Economics

What Economic Recovery? European Unemployment Up, Spain hit hardest

April 2, 2012, the European Union reported that unemployment is still high.  It’s the 8th straight month of increasing unemployment for the EU.

Portugal’s unemployment is now at 15%, with Italy at 9.3%.

Spain is hardest hit, with 23.6% officially unemployed.  Young workers under 25 years of age are suffering the most.  Spain’s youth unemployment rate is at 50.5%, which means that one out of every two youth are out of work!

Corporate Evil: Apple admits to slave labor conditions in their Chinese factories!

After several suicides in 2010, at Foxconn factories that made iPads and iPhones, Apple hired the Fair Labor Association (FLA) to investigate.

FLA discovered at least 50 cases where workers were not paid!  They also discovered many cases of employees being forced to work excessive overtime hours, in violation of Chinese labor laws!

Foxconn is an affiliate of Taiwan’s Hon Hai Precision Industry and is Apple’s largest partner.  With a name like Foxconn, you should be suspicious (as in sly/tricky like a Fox, and con artist).

Class Warfare: Preps for New U.S. Civil War, Evil puppet of Elites U.S. Homeland Security hordes lethal ammo, you are the target!

“It simply does not make sense that they [DHS] would need so much ammunition. If the United States was ever invaded, it would be the job of the U.S. military to defend the country.”endoftheamericandream.com

A recent article by Business Insider revealed that the Republican created U.S. Department of Homeland Security (DHS), as well as the Immigration and Customs Enforcement (ICE), are hording ammo.

The ammo includes an open bid for 175 million rounds of .223 caliber (5.56 x 45 mm)! This round is used in Mini 14s and in the M16 family of weapons.

They are also stocking up on 450 million rounds of a special made .40 caliber Smith & Wesson pistol round!!!  The bullets are specially designed to ensure a kill because they are “A specially designed hollow-point tip won’t plug while passing through a variety of barriers…”.  They are known as Tactical HST rounds.  Ammo manufacturer ATK says they are designed for “optimum penetration for terminal performance.”

People of the United States, think about it!  Why would ICE and DHS need so much pistol and rifle ammo, that was designed specifically to guarantee a kill?

 

 

 

 

 

 

 

 

Class Warfare & What Economic Recovery? Two protesters set themselves on fire in Italy, out of economic desperation

For proof that the Elites are going after everyone below them, just look at what’s happening in Italy.  Two men; one a lowly migrant construction worker, the other a longtime local businessman, tried to kill themselves in protest over what the Trilateral Commission run Itlaian government is doing to their economy!

March 29, 2012, a 27 year old construction workers set himself on fire, because he has not been paid by his employer for months! Verona city police say he is recovering in the hospital.

“…[a] symptom of the utter exasperation felt by the weakest employees!”-Vincenzo Scudiere, CGIL trade union

On March 28, in the city of Bologna, a 58 year old businessman tried to set himself on fire in front of the local tax collections office.  He was angry with the new outrageous taxes Italians are being forced to pay! He is also recovering in a local hospital.

“The tragic tale of the businessman…should help people realize that the divisions between workers and businessmen are a fantasy of the past.”-Sandro Bondi, People of Freedom party

In other words, it’s the Elites versus everyone else (upper class, middle class and lower class)!

Evil Sweden & Saudi Arabia: Defense Minister resigns over Project Simoom, a secret plan to build weapons factories for Wahabi Arabs. All part of Western monarchy’s plan to control the world

“I have today, upon request from Sten Tolgfors, decided to relieve him of his duties.”-Fredrik Reinfeldt, Prime Minister of Sweden

Tolgfors resigned after Sweden’s public radio revealed that the Defense Ministry has been secretly working with Saudi Arabia, to build weapons factories, since 2007.

The secret plan is called Project Simoom.   In 2009 the project was turned over to a private company called SSTI.  Some reports say SSTI is just a front company created by the Swedish Defense Ministry, but there is a government contractor in the United States called SSTI (Simulation Systems Technologies Incorporated) which specializes in U.S. Navy combat computer systems.

Sweden is not a democratic republic, it is a monarchy with connections to the Royal family in the United Kingdom.

Saudi Arabia is not a democratic republic, it is a monarchy, created with the help of the Royal family in the United Kingdom.

The dominant religion in Saudi Arabia are the Wahab, and the Salafi, interpretations of Sunni Islam.  The Royal family of Saudi Arabia is related to Muhammad ibn ʿAbd al-Wahhab, by marriage to his descendants. He is the founder of Wahhabism.

The United States created the terrorist group Al Qaeda, and those people recruited to al Qaeda are Wahhabis, or Salafis, mainly from Saudi Arabia.

Recently U.S. President Barack Obama revealed hat the United States and the United Kingdom are merging their militaries, and military industries.

Then just days after, Obama quietly issued the closest thing to a declaration of Martial Law yet.  It’s basically a Total War declaration, stating that all aspects of U.S. life will focus on supporting the military industry.

People must realize that what’s going on is that the West, and its allies, are still controlled by monarchies, directly by the big Royal family in the United Kingdom.

Look at the countries that the West considers a threat, many are actually democratic republics (like Iran is), or at least anti-monarchy regimes (like Iraq and Lybia were).

Why is the West so afraid of Islam (that is, Islamic countries not controlled by monarchies)?  Because Islam, in general, is anti-monarchy, it is a ‘Power to the People’ religion!  Islam is also anti-Western style capitalism.  Specifically, most Western financial institutions are illegal under Islam, because Western banks  tend to oppress the people!  In other words the Muslim World that is not controlled by monarchists (like Western backed Saudi Arabia and Jordan) will not play by the rules of the Western Monarchies!

Evil U.S.A.: Catholic Pope denounces decades old U.S. sanctions against Cuba

On March 28, 2012, Pope Benedict XVI says the 50 years old U.S. “Restrictive economic measures imposed from outside the country unfairly burden its people.” of Cuba.

The Pope made his comments after a three day visit to Cuba.  Vatican officials have denounced the U.S. sanctions in the past.

The United States ordered the sanctions in 1960, after Cuba’s Revolution overthrew the repressive U.S. supported Batista regime.  After 50 years you’d think U.S. officials would realize that sanctions do not work!  After all, many U.S. corporations missed out on trade deals when Cuba opened its business doors to foreign investments (and don’t forget the oil that’s been discovered just off the shores of the island country).

 

 

Evil Elites & What Economic Recovery? Bank of England says Royal events bankrupting British taxpayers! Proof the Elites are the true Welfare bums!

March 27, 2012, the Bank of England’s governor, Mervyn King, warned the U.K. House of Lords that upcoming celebrations for the Queen’s Diamond Jubilee could bankrupt the kingdom.

King said the celebrations come at the worst time, an economic recession. He also pointed out that it was the expense of last year’s Royal Wedding that actually killed any hope of economic recovery!

The anti-Royal Family group, Republic, revealed that every year it costs U.K. taxpayers 202 million pounds (about $326 million USD) to support the Evil Elite Royals, and that’s not counting their taxpayer funded Royal celebrations!

This proves that the Royal elites are an economic burden, not benefit, upon the people!!!  They are nothing but ultimate welfare parasites!

 

Evil Elites & the War on Individual Property Owners: Roswell Georgia man blows himself up as Police come for his home

March 26, 2012, after almost a decade of fighting bogus city code enforcement claims a Roswell, Georgia, man blew himself up as police tried to steal him from his home.

Here is video of the explosion that took place inside his home.

The man had battled bogus code claims, and won several court battles, but for some reason the city officials had it out for him.  Finally they forced his mortgage holder to illegally foreclose on his home.

Go here for detailed info on the man’s long struggle against the bogus Law Elites, and realize you could be next!

Corporate Evil & What Economic Recovery? U.S. Alcoa to close factories worlwide, thousands of people to lose jobs. It’s all because Alcoa wants higher Aluminum prices

March 27, 2012, Sardinian workers are protesting the planned closing of Alcoa’s Portovesme aluminum smelter on the island of Sardinia.  The move could cost Italy the loss of at least 1,500 jobs.

U.S. media last reported that U.S. based Alcoa was making a deal with union workers to keep the factory open, however, European media says that ain’t so.

In fact three potential investors are now suing Alcoa.  The Italian government has been demanding Alcoa keep their factory open.  The Spanish government is also upset because Aloca has plans to reduce smelter operations there.

This is evidence that Corporate America is partly to blame for the continuing economic disaster in Europe!  But it’s not just Europeans losing their jobs, Alcoa is hitting Australians as well.

In Geelong, Australia, Alcoa says it’s closing down operations there, because it doesn’t want to pay its electricity bill!  Alcoa wants a deal from the Australian government, and utility suppliers, in order to keep its Point Henry smelter open.

Alcoa also blames the pending closing of their Australian smelter on the need for $100 million AUD (Australian Dollars) to upgrade the smelter to meet environmental regulations.  600 people could lose their jobs.

But the real reason for the closings of all these Aloca operations worldwide, is that the price of aluminum is not high enough for Alcoa executives.

Recently Alcoa officials said the recent drop in aluminum prices “…will result in a global aluminum industry deficit of 600,000 metric tons in 2012.” Why would that be?  Because the aluminum industry will cut back production until aluminum prices go back up. That means closing down factories, creating thousands more unemployed people.

Interestingly, despite aluminum prices being low, on March 1, 2012, Alcoa announced they were actually raising prices (by 5%) on some of their aluminum products!

Global Economic War: Obama attacks Argentina with Tariffs, another case of shooting yourself in the foot!

On March 26, 2012, U.S. President Barack Obama declared a trade war with Argentina.  This comes two days after Argentina sponsored a mission to increase trade relations with the U.S.

Obama says Argentine companies own two U.S. companies, Azurix and Blue Ridge, $300 million USD.  Obama dropped Argentina from “trade preferences”, which essentially put the South American country on the same standing as North Korea and Syria.

The two U.S. companies are owed money, but Argentine officials say every time they try to make a payment those U.S. companies refuse the terms of payment: “The U.S. trade authorities did not accept our proposal to resolve the disagreement of interpretation on the rules of ICSID [International Center Settlement of Investment Disputes]…”-Hector Timerman, Argentine Foreign Ministry

Obama’s decision goes into effect in 60 days.  Argentina is a member of CELAC, maybe that’s the real motivation behind Obama’s action?  The imposition of high U.S. tariffs on Argentina will affect at least $18 million USD in business with U.S. companies!