Category Archives: Business/Economics

Business/Economics, International, Technology

Nuclear fire: France shuts down Nuclear power plant

Just after noon on April 5, 2012, two fires inside a nuclear power plant near the English Channel, resulted in a French nuke plant being shut down.

Firefighters say they found two pools of oil on fire inside the building. The oil came from pumps that were leaking (gee, that seems to be a common problem at these nuclear disaster reactors).

Smoke from the fire caused an automatic shut down of the reactors.

France supposedly has a good safety record with nuke reactors, and they also rely on a lot of them, 58 in total. Officials say they will now investigate.

 

Business/Economics, International

Class Warfare: David Cameron plays Robin Hood with bank accounts and Charities, another game of smoke and mirrors

April 4, 2012, the Prime Minister of the United Kingdom, David Cameron, announced that the British government will start raiding bank accounts, officially to fund charities.

The British plan (called Big Society Capital) claims to be targeting bank accounts that have been inactive for more than 15 years.

The British government has realized how bad of an effect their slashing and burning of social programs is having on the general population of the U.K.   So, they’ve come up with this plan of raiding bank accounts, supposedly belonging to wealthier Britons, in order to fund charities now struggling to deal with growing social strife due to the government funding cuts.

There is also a catch to this plan to help the poor, charities must prove they are helping people and that their programs are successful, or else the money stops: “Big Society Capital is going to encourage charities and social enterprises to prove their business models, and then replicate them. Once they’ve proved that success in one area they’ll be able, just as a business can, to seek investment for expansion into the wider region and into the country.”-David Cameron, Prime Minister United Kingdom

To add confusion about the sincerity of the Big Society Capital plan, some bank officials have told inactive account holders not to worry, because if they ask for their money back they’ll get it.

History shows that whenever the elites of Briton put a capitalist spin on social programs they always end in disaster for the poor.

Business/Economics, International, Technology, U.S.

What Economic Recovery? Yahoo confirms, will lay off thousands of employees

“The changes we’re announcing today will put our customers first, allow us to move fast, and to get stuff done…smaller, nimbler, more profitable…We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities.”-Yahoo memo to employees

On March 31, 2012, rumors hit the internet that Yahoo was in trouble and would fire thousands of employees.

April 4, 2012, Chief Executive Scott Thompson revealed they will indeed lay off 2,000 employees.

Thompson said he would reveal more details on April 17.

 

Business/Economics, International, Technology, U.S.

Oil & Gas Prices: China outproducing Exxon Mobil, North Sea major gas leak, Sudan bombs oil rich South Sudan, Iraqi Kurds stop oil shipments, Canada will stop selling cheap oil to the U.S.!

French oil company Total, could lose $2.5 million USD per day due to its North Sea oil rig leak.

The Elgin ocean rig, near Scotland, began leaking natural gas eight days ago.  It’s coming from a well that workers were trying to cap.  The situation in the North Sea now, is similar to the 2010 BP Gulf of Mexico blow out.

Workers were evacuated for fear of a huge explosion. There are now reports of “oily sheen” on the ocean’s surface.

According to the North African country of South Sudan, their neighbor Sudan is bombing their oil rich areas, in order to drive off investors from the United States.

Officials from Sudan deny that they are specifically targeting oil wells, but U.S. President Barack Obama asked both sides to avoid targeting oil resources.  The U.S. supported the creation of the new country of South Sudan.

The Kurdish autonomous government in northern Iraq, have stopped oil shipments.  Kurdish officials say the Iraqi government has not made any of the payments promised for past oil shipments.

Iraqi officials responded by stating that the Kurds have not sent all the oil that was promised. However, a payment of $560 million USD is being reviewed.

Iraqi officials also say they have reason to believe the Kurds are illegally selling oil to neighboring Middle Eastern countries.  However, despite such claims of loss from Iraqi Kurdistan, Iraqi oil exports hit 2.13 million barrels per day in March.

The world’s biggest oil producer is no longer Exxon Mobil.  PetroChina is now the number one producer of petroleum oil.

According to Bloomberg, PetroChina is now producing a little more than 2.4 million barrels per day of oil.  Chinese officials say the petroleum company will actually increase its take over of other oil companies around the world, because China’s industries need the oil.

“Look, the very fact that a ‘no’ [a no on Keystone] could even be said underscores to our country that we must diversify our energy export markets. We cannot be, as a country, in a situation where our one and, in many cases, only energy partner could say no to our energy products. We just cannot be in that position.”-Stephen Harper, Prime Minister of Canada

Canada has been selling its oil to the United States by at least half the going rate, but Canadian officials say that can’t continue, even if U.S. officials approve the Keystone XL pipeline. Canada will eventually jack up the price for U.S. customers.

“We have taken a significant price hit by virtue of the fact that we are a captive supplier and that just does not make sense in terms of the broader interests of the Canadian economy…”-Stephen Harper, Prime Minister of Canada

 

 

 

 

 

Business/Economics, International

What Economic Recovery? Japan’s new president of a new Bank says current economic situation only the third most important historical event in Japan’s thousand years history!

On April 2, 2012, the new president of the new Japan Bank for International Cooperation, Hiroshi Okuda, revealed just how bad the current economic situation is.

Okuda, a former president of Toyota, said Japan faces a critical historic situation, on the level of two previous historic moments; the 19th century Meiji Restoration and the end of World War Two in the 20th century.

On April 1, 2012, the Japanese government created the Japan Bank for International Cooperation.  It is a spin off of Japan Finance Corporation.

It’s part of efforts by Japan to be more economically competitive and financially flexible.

 

 

Business/Economics, International

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!

Business/Economics, International, Technology, U.S.

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).

Business/Economics, Technology, U.S.

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?

 

 

 

 

 

 

 

 

Business/Economics, International, U.S.

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)!

Business/Economics, International, U.S.

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!