Category Archives: Business/Economics

To Destroy U.S. Dollar: Sinophile Germany starts trading Chinese investments!

30 October 2015 (03:36 UTC-07 Tango 01)/08 Aban 1394/16 Muharram 1437/18 Bing-Xu (9th month) 4713

Germany’s Deutsche Borse Group is now selling yuan based Chinese investment ‘products’ under the brand name CEINEX .

CEINEX was created by Deutsche Borse to do direct business with the Shanghai Stock Exchange (SSE) and the China Financial Futures Exchange (CFFEX).  It involves the selling of investor insurance, and financial and real estate ‘investments’ using the Chinese yuan.  CEINEX stands for China Europe INternational EXchange.

German Chancellor Angela Merkel is current in China on her eighth trip to drum up business.  This time She and Chinese leaders have already signed 13 new deals, including a $17-billion USD deal for China to buy 130 airliners from Airbus!    (never mind that Airbus already has a factory in China)

The massive Airbus double decker A380 airliner, in China Southern colors.

Merkel has visited China so much, as the boss of a ‘western’ country, that Chinese news media dubbed her a Sinophile (China Lover, or Lover of China).

Destroy U.S. Dollar: British empire welcomes Chinese cash! 

 

“an industry-wide slowdown…throughout North America” ObamaCare kills additional 1,400+ jobs! California property manager kills 1-thousand jobs! Shopko kills hundreds of jobs! : U.S. Job Losses & Closings 28 – 29 October 2015

Germany’s Deutsche Bank eliminating 35-thousand jobs globally, including within the United States!

Failed State Alabama: What automotive industry recovery?  Vehicle interior maker Faurecia announced it will shutdown its Tuscaloosa factory, at least 132 jobs lost before Xmas!

Not anymore!

California: What home construction industry recovery?  In Van Nuys Danmer Custom Shutters revealed they were eliminating 70 jobs right before Xmas.  Marvell Semiconductor revealed they will layoff 21 people right before Xmas. Bridgepoint Education laying off four San Diegans right before Xmas.  Microsoft laying off four San Diegans right before Xmas.  In Palo Alto, Hewlett Packard (HP) just can’t stop with the layoffs, an additional 65 jobs eliminated last week.  What property management recovery?  In Laguna Woods, Professional Community Management eliminating 968 jobs just three days before Xmas, due to sudden loss of contract!    In San Francisco, DD Traders laying off 18 employees on New Year’s Eve.  In Saint Helena, it was revealed just how many people work at the 28 years old Tra Vigne restaurant; 136! Their lease was not renewed, they will shutdown five days before Xmas.   Napa City Winery shutting down on New Year’s Day, 37 jobs lost.  In Los Angeles, Hersha Hospitality Management shutting down before Xmas, 71 jobs lost (they claim it’s temporary).  What housing market recovery? Too Big to Jail Wells Fargo shutting down their Santa Ana mortgage office right before Xmas, 65 jobs lost.

Connecticut: In Danbury, United Technologies Corporation Aerospace laid off 35 people. In Avon, after two years Boyles Furniture & Rugs shutting down when everything is sold.  Administrators admitted they got an offer for the property that’s worth more than what they’ve been getting in sales!

Delaware: Wilmington based chemical company Chemours warning of mass layoffs because the suck-ass economy is forcing them to cut $350-million USD in expenses by 2017!

Florida: In Orlando, drugs pusher Nephron Pharmaceuticals issued a WARN saying 4-hundred people will become jobless by 15 January 2016!

Georgia:  Restaurant chain Christophe’s To Go shutdown their stores in Brookhaven, Dunwoody, Johns Creek and Sandy Springs: “We ran into many challenges, but at the end of the day our biggest challenge was that we could not maintain enough sales to make the model viable.”

Idaho: Shopko issued a shutdown WARN for their East Gowen Road, Boise, store.  148 jobs lost on New Year’s Day!

Failed State Illinois: Affordable Care Act (ObamaCare) medical device tax (and crashing profits) forcing medical device maker Baxter International to eliminate 1-thousand 4-hundred jobs!  In Chicago, Motorola Solutions killing 2-hundred jobs as part of their reorganization (downsizing)!   Fox Valley Country Club shutdown.

Indiana:  Valley National Bank shutting down 15 more offices, on top of the 13 already shutdown!

Kansas: UMB Financial announced they will eliminate an undisclosed number of jobs well into 2016.

Main: After 24 years Riverbooks shutdown.  

Maryland: Carroll County Public Schools wants to shutdown three schools by 2017, due to crashing enrollment.

Failed State Michigan: Mercantile Bank announced it will shutdown at least five offices.

Minnesota:  Minneapolis based food giant General Mills announced they’re shutting down operations in British empire United Kingdom and New Zealand! Local news reports that General Mills has already eliminated at least 2-thousand 5-hundred jobs due to stagnant frozen food sales! 

Nebraska: Sidney based outdoor store Cabela’s laid off 70 administrators. 

Failed State New Jersey: Monmouth County issued a WARN saying 235 people will become jobless by New Year’s Eve!  In Vineland, ObamaCare forcing Bishop McCarthy Residence to eliminate 50 jobs after Thanksgiving.  In Pleasantville, ObamaCare forcing Our Lady’s Residence to eliminate 50 jobs after Thanksgiving.  In Cherry Hill, ObamaCare forcing Saint Mary’s Catholic Home to eliminate 50 jobs after Thanksgiving.

Failed State New York: GE (General Electric) issued a shutdown WARN for their Fort Edward ops, 127 jobs lost by the end of January 2016!  Sachem School District (the largest school district in New York by population) announced it must shutdown three schools due to no money!

North Carolina: In Charlotte, Too Big to Jail Bank of America eliminating an additional 1-hundred mortgage jobs!  Local news reports say Bank of Failed State America has eliminated more than 68-thousand 8-hundred jobs since 2010! 

Oklahoma: In Tulsa, 105 years old (surviving the Great Depression and numerous recessions) upscale retailer Miss Jackson’s shutting down in January 2016.  No official reason given, but word is that the store for rich people is no longer “sustainable”.

Pennsylvania: University of Pennsylvania School of Nursing shutting down by New Year’s Eve, 108 jobs lost!  Texas based oil service company Halliburton eliminated 22 jobs in Carmichaels.  The Ritz-Carlton Philadelphia eliminating 47 jobs by New Year’s Day.  In Erie, GE Transportation warning of mass layoffs, even shutdown of their train factory, due to a sudden and huge crash in orders from the railroad industry.  5-hundred jobs could be lost!  In Lititz, food giant Cargill announced it will shutdown the Wilbur Chocolate factory, 130 jobs lost!  Cargill is consolidating ops, just like the rest of unAmerican corporate ‘merica!

Texas: What automotive industry recovery?  Denton based truck maker Peterbuilt announced an undisclosed number of layoffs blaming “…an industry-wide slowdown in truck orders throughout North America…”  The layoffs come right after the city of Denton approved $822-thousand USD in tax breaks for Peterbuilt!  The U.S. Postal Service is shutting down the Grangerland Post Office after Xmas.

Washington DC: U.S. Department of Commerce reports the U.S. economy is stagnating at 1.5% (anything below 3% is stagnation, not “growth” as the mainstream newsies claim).

Wisconsin: State employment administrators got a WARN from the contractor running the Shopko distribution center in De Pere saying 247 jobs could be lost!  Administrators with Shopko actually told local news they knew nothing about it!  Supposedly the contractor is Spectrum Supply Chain Solutions.

24-27 October 2015: Idaho’s “death by poverty.”

WARN=Worker Adjustment & Retraining Notification

Former employees who receive severance are not counted as unemployed

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”

Idaho’s “death by poverty.” “…markets have been weak…and are worsening.” Willkommen zu Amerika, Hündin! : U.S. Job Losses & Closings 24 – 27 October 2015

California: In Oakland, Svenhard’s Swedish Bakery shutting down after Thanksgiving, 168 jobs lost!   In Gardena, Apro Distribution shutting down after Thanksgiving, 61 jobs lost.  In Irwindale, Southern California Edison eliminating 32 jobs right after Thanksgiving.  Too Big to Jail British empire Barclays eliminating 35 jobs right after Xmas.  In Thousand Oaks, tax-sucker General Dynamics eliminating 55 jobs right after Thanksgiving.  Audio electronics maker Western Digital eliminating 111 jobs right before Xmas!  TTM Technologies shutdown with short notice, 175 jobs lost in Milpitas!  In Santa Ana, Zenith Education laying off 48 people after Thanksgiving.  In Poway, Rockwell Collins laying off 29 people before Xmas.  Twitter issued a layoff WARN, 240 people in San Francisco losing their jobs before Xmas! In Eastvale, GENCO laying off 68 people before Xmas.  Tax-sucker Boeing eliminating 222 jobs between Thanksgiving and Xmas!  What housing market recovery?  Ontario (California) based First Mortgage ceased to exist, news reports say the lender actually stopped issuing home loans back in July!

Colorado: Longmont’s Front Range Community College shutting down its nursing program!  For the 2017-18 school year the program is being consolidated to other campuses, apparently due to the construction of a new hospital.

Georgia: In Emory, after 70 years Evans Fine Food shutdown.

Idaho: Hungry people have increased in The Gem State as demonstrated by the fact that the Idaho Foodbank Fund (funded by donations from taxpayers) has supported seven more local food banks than last year!  The evil Right to Work (you over) ‘lawmakers’ made it harder to qualify for federally funded food aid (aka SNAP or food stamps), but created a local taxpayer supported Idaho Foodbank Fund.  Since then evil pro-government weenie heads pointed to the resulting drop in food stamp (SNAP) distributions as proof Idahoans weren’t going hungry! I wonder what those Right to Work (you over) ‘elected’ lawmakers are doing with that federal food stamp funding?   Idaho’s version of ObamaCare has directly caused a death. Jenny Steinke died in Idaho Falls,  her husband Jason had just gotten insurance, but it didn’t go into effect until 01 September, the very day Jenny suffocated to death due to her asthma.  Jason stated that ObamaCare is “just not affordable” and bemoaned his wife’s death “I wouldn’t wish that on my worst enemy.”  Jason’s mother Cella describes Idaho’s version of ObamaCare as nothing more than “death by poverty.”

Failed State Illinois: Despite record number of local layoffs the desperate non-profit charity United Way is begging cash strapped residents for at least $11-million USD!  So far they’ve raised $8.8-million, that’s less than last year.

Indiana: Columbus based diesel engine maker Cummins announced it must eliminate 2-thousand jobs before the end of the year!  CEO Tom Linebarger says there ain’t no gott-damned economic recovery: “We are taking difficult but necessary actions to lower costs in the face of weak demand in many of our markets. Global off highway and power generation markets have been weak for some time and are worsening.”

Kentucky:  Lexington based bed maker Tempur Sealy eliminated jobs across the country, saying it’s necessary to remain competitive in the long run (in other words no economic recovery is taking place).

Main: Paper maker Verso Mills submitted an official WARN saying 3-hundred people will become jobless right before Xmas!   They’ve already shutdown mill #2, blaming crashing sales.

Failed State Michigan: Midland based lithium ion battery maker XALT laid off another 106 employees (35 in September) blaming the failure of its Chinese customer who so far hasn’t been buying all the batteries it ordered back in March.  This is what happens there’s only one global customer with the money to buy your product, and their economy starts crashing.

Minnesota: South Central College eliminating five jobs.  Even with a piddly reduction in tuition college administrators expect enrollment to decline by 3.5%.

Missouri:  Saint Louis based evil Monsanto announced more layoffs, shutting down three research centers across the U.S., about 90 evil jobs lost.  In Columbia, industrial supplier Grainer shutting down the day before Thanksgiving.  In Springfield, the false God refused to stop the shutdown of ‘his’ 25 years old CPO Christian Discount Store: Each year has become increasingly more challenging. Although we have made many changes and adjustments to our store, sales have been on a steady decline for many years.”Bruce Erdel, owner

Montana: Great Falls based restaurant chain Shoot the Moon Grill now chapter 11 bankrupt busted.  Customers got suspicious when restaurants started shutting down, posting signs that read “closed due to flooding”. 

New Jersey: The false God refuses to stop the shutdown of ‘his’ Our Lady of the Assumption church in Bayonne, even though it supposedly has 1-thousand 7-hundred families as members, and despite reports that the local population is actually growing!

New York:  Insurance company POMCO laid off yet more employees, this time 18 on top of the 50 last month.  In Pekin, after 40 years restaurant Schimschacks shutdown.  In West Village, after 30 years Empire Szechuan Village restaurant shutdown because the landlord wanted to jack the rent from $5-thousand per month to $25-thousand!  Who’s really to blame for the crashing and burning?

Ohio: Global food company Manitowoc suddenly announced they are shutting down their Cleveland ops and leaving 274 people out in the cold by April 2016!  Like the rest of unAmerican corporate Amerika Mantiwoc is consolidating production.  Patient Protection and Affordable Care Act forcing Gallipolis based Holzer Health System to eliminate 1-hundred jobs in Ohio and West Virginia!  Administrators directly blamed ObamaCare saying it “resulted in dramatic change in healthcare service delivery models.”  They also stated that ObamaCare is actually doing the reverse of what it promised, it’s actually preventing people from getting healthcare!

South Dakota: In Sturgis, the Whitewood Campground and Event Center now bankrupt busted and shutdown.

Tennessee: After 15 years Vaudeville Cafe shutdown due to “financial burdens”.

Texas:  12 Del Taco restaurants shutting down in the Dallas/Fort Worth metro, 218 jobs gone before Xmas!  Administrators said “Del Taco has made this decision for financial reasons.”, however the real reason is the company has a new owner from the Failed State of Illinois (Larry Levy) and he’s crashing and burning the burrito joint.

Despite being abandoned by their false god they still ask him to bless you. Perhaps it’s really a curse? Willkommen zu Amerika, Hündin!  Hey, I can be a jerk if you can choose to remain blind! I’m constantly on the verge of being homeless myself, so screw you Amerika!

Washington DC:  U.S. Department of Commerce confirms the new home market bubble is bursting.  Home sales are still below the 52 year average.  In September: A drop in sales of 11.5% overall since last month, but a huge 61.8% crash in the northeast of the U.S.!  

Wisconsin: Middleton Sports & Fitness shutting down right before Xmas.

23 October 2015:“I lost, they won.” Banks & illegal drugs cause illegal immigration to U.S.!

WARN=Worker Adjustment & Retraining Notification

Former employees who receive severance are not counted as unemployed

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”

“I lost, they won.” Banks & illegal drugs cause illegal immigration to U.S.! Major restaurant chain being dumped, too much debt & mysterious fires! : U.S. Job Losses & Closings 23 October 2015

God’s immigrant help NGO Pontifical Council for the Pastoral Care of Migrants and Itinerant People is warning of increased illegal immigration to the United States caused by the crashing & burning of the Honduran economy.  It’s partly blamed on a crackdown on illegal drug trafficking which has revealed even multi-national corporations and the government are involved, like Jaime Rolando Rosenthal Oliva owned Grupo Continental-Continental Bank.  Of Romanian ancestry Rosenthal Olivia got his business and civil engineering degrees from MIT in the U.S. (just like so many other evil people)!  The latest layoffs involve 7-thousand government employees!  At least 1.5-million Hondurans are currently unemployed and more layoffs are expected. (that’s equivalent to the entire population of the U.S. state of Idaho, which is much larger geographically, by almost double the square miles)  (Obama orders new War on Drugs targeting legal prescription drug users & his own ObamaCare!)

Italy based drugs maker Perrigo eliminating 8-hundred jobs and selling off its U.S. Vitamins, Minerals and Supplements division!

Failed State Alabama: The city of Bayou La Batre laid off six employees without warning.  The city is in the financial hole by at least $750-thousand USD.

California: In Saint Helena, after 28 years Tra Vigne restaurant shutting down right before Xmas, the lease was not renewed.

Florida: Tampa based restaurant chain owner Bloomin’ Brands is in trouble (as usual), but so much so this time that investor analyst Zacks has told shareholders to dump their stocks in the corporation.  Stocks of Bloomin’ Brands downgraded to Sell status, the company failed to show any significant increase in revenues in its last report but is still considered to have too much debt.  The debt is probably from all the new restaurants Bloomin’ Brands has opened in the past year.  The food corporation controls restaurant chains known as Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, Fleming’s Prime Steakhouse and Wine Bar, and Roy’s.  Interesting side note, several of Bloomin’ Brands restaurants have suffered fires this year; the Outback Steakhouse at the Meridian Crossroads plaza in Meridian, Idaho (blamed on corroded gas line).  Then two months later another Meridian, Idaho, Outback Steakhouse caught fire, this time at the Bonita Crossroads Shopping Center, firefighters said it “seemed to be electrical”.  The Carrabba’s in Suntree, Florida, caught fire last week with initial reports saying the fire started on the roof around an air conditioning unit.  In June, the West Springfield, Massachusetts, Carrabba’s caught fire twice, first initial reports said the fire somehow started in between the metal and rubberized roofing materials around a vent fan, then the next morning the kitchen caught on fire!  It’s not just fires, the Richland, Washington, Bonefish Grill was vandalized with a blowtorch in June.

ISU located in Pocatello, Idaho, lost 671 students since last year!

Idaho: Yet again, Idaho State University reports crashing enrolment (what I call the Disappearing Students Syndrome affecting schools across the U.S.).   This year’s admission (as in they’re admitting they lost students, because in recent years past they lied and said enrollment was up) stated that they lost 671 students compared to Fall 2014!

Failed State Illinois:  Peoria based Caterpillar bribed 2-thousand 1-hundred employees to take early retirement!    In Aurora, after less than a year the massive Cosmopolitan Marketplace grocery store shutting down!  The shutdown was revealed by signs that read “All Sales Final”.  A local alderman blames the shutdown on lack of sales.  In Danville, after eight years consignment store Kid’s Kloset shutting down when the inventory is gone.

Iowa:  In Keokuk, after 88 years (surviving The Great Depression and numerous recessions) Johnson-Schmidt Menswear shutting down as soon as the inventory is gone,  because the owner says he can’t eat it “Because it doesn’t taste good with salt and pepper”.

Kansas: Cell phone company Sprint is eliminating jobs, but now it says it doesn’t have the money to cover the two weeks of severance originally promised.  As a result they will cut it down to one week of severance for all layoff notifications made after January 2016.  After 16 years E.G. Geller shutting down their Country Club Plaza shoe store in January 2016, blaming crashing sales caused by most of the Plaza’s tenants shutting down.

Maryland: After 32 years The Yule Cupboard shutting down before Thanksgiving, blaming “…a smaller clientele. Today’s retail world is so different. We realize that you have to have an online presence basically, and I’m not willing to do that. We’re just too hands-on. We buy what we see, we don’t buy from a catalog…”  In Cross Keys, after 40 years the Jones & Jones boutique shutting down by December.

Massachusetts: Boston Weak based evil holding company State Street warned of layoffs due to flat profits and declining assets (running out of cash).

Failed State Michigan: What automotive industry recovery?  General Motors (GM) eliminating another 5-hundred jobs as it shuts down its 2nd shift in the Orion Assembly factory!  GM administrators say they must “align” their production to meet demand.  The city of Detroit has already eliminated 1-thousand 1-hundred water department employees and now news reports say another 1-hundred will be let go!  In Kalamazoo, after 50 years Wayside West sports bar shutdown.  Local news reports blame a shooting that happened last year, but in reality the property was sold-off.

Minnesota: After 115 years God refuses to stop the shutdown of ‘his’ First Presbyterian Church in Wilmont.  The Rapture has resulted in 12 members being Left Behind.

Nebraska: In Omaha, God refuses to stop ObamaCare from forcing Catholic Health Initiatives from eliminating 60 jobs.

New York:  Premier Laser Spa of Albany now chapter 11 bankrupt, local news reports say the company hasn’t been able to pay its advertising debts.  TD Bank revealed it will shutdown its Glens Falls office. The dumb administrators opened too many offices too close together.

Oklahoma:  Halliburton killing more jobs in The Sooner State.  In Duncan, 30 former Halliburton employees reported to the local unemployment office on Friday, that’s how the layoffs were discovered.

Oregon: In Prineville, Woodgrain Mill shutting down 55 remaining jobs lost.  The mill has been struggling since last year’s roof collapse, which forced 2-hundred people out of work!   

Pennsylvania: State budget cuts forcing pre-Kindergarten programs to shutdown.  Local news reports say some pre-K operations are trying to stay open by asking employees to work for free!  In Jim Thorpe, after surviving The Great Depression Dugan’s General Store cannot handle this so called ‘recovery’ from The Great Recession and will shutdown.  News reports revealed the current owners have been floating the store using lottery winnings they won back in 2000!

Rhode Island: Bankrupt busted City Sports shutting down their Providence store at the end of the month due to crashing sales.  It’s the eighth City Sports store to shutdown.

South Carolina:  ObamaCare killing off yet another affordable insurance co-op, this time it’s non-profit Consumers’ Choice Health Insurance being forced to shutdown, leaving 67-thousand customers without affordable insurance!

Texas:  Retailer JCPenney eliminated another 3-hundred jobs at its Plano HQ!  In Victoria, a Subway sandwich shop on Main and Constitution streets shutdown.

Zions Bank branch in Pocatello, Idaho.

Zions Bank branch in Pocatello, Idaho.

Utah: Mormon Zions Bank reported what they think is good news, they’ve increased loans to small businesses in Idaho (71% increase) and Utah (29% increase).  Here’s why it’s bad news; those loans are to help companies make payroll, in other words companies still can’t generate enough revenue to pay their employees with cash.   Zions Bank administrators claim their debt financing of regional businesses created more than 5-hundred jobs!  Jobs created by pure debt is not a good thing, debt financing of things like payroll is one of the main reasons Corporate America is in such financial trouble.  In Cottonwood Heights, police are being blamed for the shutdown of the 25 years old Canyon Inn.   The owner said he’s tired of cops intimidating his customers into staying away: “I lost, they won.”-Jim Stojack

Washington DC:  JUST A FEW OF THE POTENTIAL JOB LOSSES DUE TO PROPOSED 2017 MILITARY BASE SHUTDOWNS  

20 – 22 October 2015: “…an absolute nightmare!”

WARN=Worker Adjustment & Retraining Notification

Former employees who receive severance are not counted as unemployed

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”

How the Currency Wars can double your profits without increasing sales!

24 October 2015 (20:58 UTC-07 Tango 01, 23 October 2015)/02 Aban 1394/10 Muharram 1437/12 Bing-Xu (9th month) 4713

“Monetary authorities in Sweden have limited policy options that would assist in weakening the Krone, and we doubt the ability of the central bank to meaningfully weaken the currency. Overall, we forecast a mild depreciation in the currency against the euro to 9.60 by the end of the year.”-Lloyds Bank

The Sweden based manufacturer best known for vehicles, Volvo, just reported a sudden doubling of profits without a significant increase in sales.

Volvo sales have been so bad in the United States they’re slowly getting the hell outta Dodge. In 2014 Volvo eliminated 4-thousand 4-hundred jobs globally (on top of the 3-thousand they got rid of in 2013)!  In April Volvo shutdown its distribution operations in Orange Township, Ohio, U.S.A.

Now Volvo reports a 9% increase in global sales (it would have been higher if it weren’t for a 33% crash in South American sales), not enough to double profits.  Administrators do credit part of their profits on their massive job killing program, but the real reason is a 70% increase in revenue caused solely by the value of their currency!

Several Swedish corporations are reporting increased profits simply due to the strength/weakness of the SEK versus the USD and EUR.  Ericsson reported a weak 3% net increase in global sales, but a 16% increase in profits.

Although Sweden is a member of the European Union it still uses its own Swedish Krona (SEK) for cash.  Last week currency investors were being told to “go long” with the SEK and dump the stronger USD!

This is an example that a weak currency can greatly increase profits without significantly increasing sales (which is more complicated than I can explain), in relation to the simplistic mainstream news explanation that a weak currency increases profits solely by increasing international sales.   The Swedes are now making big profits without doing anything!

$$ Tesla $$ bites the electric dust on Reliability! 

“…an absolute nightmare!” 9,000+ new layoffs! Small town Soda Springs hit with big time layoffs, Idaho Dept. of Labor sits on WARN notice! : U.S. Job Losses & Closings 20 – 22 October 2015

Texas founded but Ireland based oil service company Weatherford International just jacked up the number of their layoffs (again) by 3-thousand! Reports say 11-thousand people have already become jobless, now the ‘planned’ total will hit 14-thousand before the end of 2015! Most of those jobs were in Canada and United States.

California: What housing market recovery?  Too Big to Jail Wells Fargo announced 6-hundred additional job cuts to its countrywide mortgage ops, blaming declining demand for mortgage services!  The grocery chain store known as Fresh & Easy is now being shutdown by its current owners Yucaipa Companies, which is known for chopping up and selling off businesses (Mormon Mitt Romney style).  The shutdown of 97 grocery stores will result in 3-thousand people across the U.S. desert southwest becoming jobless starting now!  Yucaipa has been trying to sell the grocery chain but nobody is interested in buying.

Colorado: Another Great Harvest Bread store shuts down, this time in Montrose.

Connecticut:  In Stamford, Too Big to Jail British empire RBS eliminating an additional 64 jobs to the 186 layoffs currently underway!

Florida: Affordable Care Act forcing ResCare to layoff 79 employees in Homestead before Thanksgiving.   After 42 years the WACO gift shop shutdown in Marianna.

Iconic geyser of Soda Springs, Idaho, population about 3,000. They just lost 100 jobs!

Idaho: What construction industry recovery?  The small southeast Idaho town of Soda Springs got hit with at least 1-hundred layoffs when apparently Mark III Plant Construction shutdown! I could not find any local news reports about it, I only found the WARN notice conspicuously publicly posted by the state Department of Labor after the fact (about 20 October, the layoffs took place on 11 October), even though they got the notice back at the beginning of September!   Another WARN that Dept. of Labor dragged its feet on publicly posting is architecture, design, engineering, and construction company AECOM laying off 85 people in Boise right before Thanksgiving.  Depart. of Labor got the WARN on 21 September, but just posted it to their website this week!  Last year AECOM merged with rival URS.

Indiana:  Food maker Sonoco shutting down their New Albany dough packaging plant by August 2016, at least 76 jobs lost.  In Evansville, Penny Lane Coffeehouse shutdown, the owner blamed ongoing construction that’s blocking access to his shop: “Very, very frustrated, I don’t feel like we’ve gotten any support from the City of Evansville. We’ve had our entrances blocked, which I know is a fire hazard, it’s just been an absolute nightmare!”-Brian Bennett, owner

Iowa: In Ames, after 31 years The Ark pet store shutting down, the property has been sold.

Kentucky:  In Louisville, Fabulous Finds second hand store shutdown because “…we felt the time was right to focus on our other philanthropic endeavors to benefit Heuser.”

Louisiana: Oil industry company Frank’s International announced it will eliminate an additional 1-hundred jobs, on top of the 6-hundred they got rid of during the first half of the year!

Massachusetts:  Boston Weak based Cabot Corporation eliminating 3-hundred jobs blaming the not so recovered global economy!  Cambridge based drugs pusher Biogen eliminating 880 jobs, saying it needs to save $250-million per year!

Minnesota: Saint Paul based 3M announced they’re killing 1-thousand 5-hundred jobs due to crashing sales caused by global currency wars!   In 2012 I wrote how 3M execs warned there was no economic recovery taking place.

Mississippi: In Jackson, after 62 years Lamar Restaurant shutdown: “The last four to five years it has really gone down. People just aren’t eating as many plate lunches as they were…..They want what I call plastic food.”-Chris Grillis, owner

Missouri: Saint Louis based iconic beer maker Anheuser-Busch offshoring less than 40 U.S. jobs to India, blaming crashing sales in the United States.

New York:  Grocery store Drew’s Food issued a shutdown WARN for their Brooklyn 4511-8th Avenue store, 51 jobs lost in January 2016 because it’s not worth it to renew the lease due to skyrocketing rents.  That Which Cannot Be Named refuses to stop Affordable Care Act from forcing Jewish Board of Family and Children Services from shutting down their Hempstead Mental Health Clinic & Nassau County Care Coordination Programs, 72 jobs lost at the end of the year.  Hillstone Restaurant Group shutting down its Houston’s Restaurant in Garden City, 71 jobs lost after Xmas because it’s not worth it to renew the lease due to skyrocketing rents.  Too Big to Jail British empire Barclays issued a mass layoff WARN saying more than 3-hundred New Yorkers will begin losing their jobs right after Xmas!

Ohio: Vallourec Star eliminated an additional 1-hundred jobs in Youngstown, on top of the 60 jobs killed off back in July!  It’s blamed on ‘low’ oil prices.  The Bon Ton shutting down their Lima Mall Elder Beerman store by the end of January 2016.

Texas: County of Zapata warned there will be even more layoffs as the size of the County’s budget has gone from $22-million USD per year down to just $12-million in the past five years! Local news reports say the County has eliminated jobs every year for five years.  What construction industry recovery?  In Gregory layoffs hit a factory under construction.  12 people working on a Chinese owned pipe factory laid off by TPCO due to bad “market conditions”.  In Orange, Invista shutting down one of its factories and eliminating 110 jobs due to crashing demand in the United States!  The factory they will shutdown makes oil based ingredients for the clothing and plastics industries.  Harland Clarke Holdings issued a shutdown WARN for its San Antonio financial forms factory, 107 jobs lost!

Vermont: In Stowe, Phoenix Table and Bar shutdown due to lack of money: “Here’s what happened. A big undertaking with hard-working staff doing twice the work that was needed to keep it going; an off-season looming without much cash; an exhausted ownership that needed a breather. Sorry, everyone!”-Julie Pickett

Washington: In Renton, Graphic Packaging issued a shutdown WARN, 108 people jobless before Xmas!  Colorado based oil and gas engineering company CH2M made it official and issued a shutdown WARN for their Bellingham operations, 128 jobs lost before Xmas! After 126 years (surviving the great Depression and numerous recessions) Fairhaven Pharmacy shutdown, the owner Rob Johansen blamed ObamaCare saying “Financially it is almost impossible to run an independent pharmacy. It’s a frustrating field to be in right now.” Redmond based Microsoft just announced yet another round of mass job destruction, this time 1-thousand more people will join the already 25-thousand 8-hundred people who’ve lost their jobs due to Microsoft!

West Virginia:  The Bon Ton shutting down their Huntington Mall Elder Beerman store by the end of January 2016.

Wisconsin: Affordable Care Act medical device tax killing yet another medical device maker. Cardiac Science now chapter 11 bankrupt busted, 190 jobs threatened!  The company has failed to make payments on $80-million USD of debt.  Milwaukee based iconic Harley Davidson motorcycles in big trouble after big losses in global sales, 250 people will become jobless as a result!  God refuses to stop ObamaCare from forcing ‘his’ Ministry Health Care from eliminating 5-hundred jobs from their hospital system!  Administrators say the Affordable Care Act does not cover the actual costs of providing healthcare!  In Whitewater, grocery store Daniel’s Sentry shutting down after Xmas, 53 jobs lost.

18 – 19 October 2015:“Once again…been dealt a severe financial blow…”

U.S. Pay TV loses nearly half million customers in 3 months!

WARN=Worker Adjustment & Retraining Notification

Former employees who receive severance are not counted as unemployed

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”

To Destroy U.S. Dollar: British empire welcomes Chinese cash in hand! Queen treats Xi far better than any U.S. President!

21 October 2015 (01:21 UTC-07 Tango 01)/29 Mehr 1394/07 Muharram 1437/09 Bing-Xu (9th month) 4713

The People’s Bank of China has issued the first yuan (renminbi, RMB) in cash in United Kingdom.  It’s the result of the 7th China-U.K. Economic and Financial Dialogue held last month.  Not only is it the first time Chinese cash has been issued for use in United Kingdom, it’s the first time the yuan has been officially issued outside China, as cash in hand.

Chinese President Xi Jinping got a huge royal welcome including a ride in the Queen’s personal coach.  No U.S. president has experienced such a welcome!

The United Kingdom is now the top market in Europe for the yuan.  According to SWIFT (Society for Worldwide Interbank Financial Telecomm) between July 2013 and July 2014 United Kingdom accounted for 123.6% of yuan (RMB) trades in the European Union!  

The first major announcement immediately after Xi Jinping’s arrival is a deal in which China will become the major investor in United Kingdom’s struggling Hinkley Point C nuclear power plant project.

To Destroy U.S. Dollar: European Central Bank tells U.S. Federal Reserve ‘Go take a hike!’ 

False Flag: VW intentionally sacrifices Diesel in favor of government controllable electric cars! Blame Trilateral Commission Rockefeller!

20 October 2015 (16:41 UTC-07 Tango 01)/28 Mehr 1394/06 Muharram 1437/08 Bing-Xu (9th month) 4713

Has anybody found it suspicious that from day one the execs at VW admitted they sabotaged their own Turbo Direct Injection (TDI) diesel powered cars? Or that they seem almost happy to halt TDI sales and recall millions of TDIs around the world?  This is a first in the world of Corporations who normally deny, deny, deny.

Where’s Idaho, I know they’re some hardcore Diesel fans in Idaho!

TDI vehicles were the fastest growing sales segment for VW, and VW administrators intentionally modified an emissions computer program that even the designer of (Bosch) warned,  in writing, not to!  Now realize that VW is pushing sales of their new electric car called the e-Golf.

Just a few days ago a survey revealed that 75% of electric car ‘owners’ refuse to actually buy the car, instead they lease.  But that’s not all, leases of electric vehicle (EV) in the United States peaked in 2013 and have been steadily declining since then (in 2013 EV leasing was at 80%).  The survey excluded the damned expensive Tesla cars because their average monthly lease is almost $9-hundred per month with a nearly $7-thousand USD down payment!

In the European country of France EV sales actually went negative!

Why lease an electric car instead of buy it?  Because it costs almost as much to replace the environmentally deadly batteries as it does to buy a newer used car!   So, herein lies the difference between e-car operators and diesel vehicle owners: E-car operators are not committed to the vehicle, they’re short timers, they’re not long term ‘car lovers’ who want to actually own a piece of rolling art.  Diesel vehicle owners want a vehicle they can hang onto long after it’s been paid off, their looking for a long term commitment.  This is something the automotive industry does not want.

The automotive industry wants turn-a-round, they want to sell new cars constantly.  In Germany, where VW is based, government control freaks have been trying to ban older cars for decades.   In 2008, Berlin, Cologne and Hanover created strict ‘pollution’ laws.  As one resident of Berlin commented “The problem is that this affects ONLY people who have a Diesel that is more then 2 years old or a normal gasoline car that has no catalytic converter (my 1986 VW bus does have one and I got a green sticker means I can go inside the city with it). In the end it affects people who have small bussinesses most – people who need to drive small vans – which are 99% diesels here in germany or people who have gotten onto the cheap diesel bandwagon that has hit germany in the mid 90s – mostly poor families or budget aware people…  …Its meant to give the german automotive industry a bump (hey we have an ultra conservative government without greens or such in power what you expect?) because its struggling thats all thats coming out of it.”    It’s all about guaranteed sales!

You can’t even work on your own car in Germany unless you use an approved car Hobby Work Shop: “…doing work on your car is technically not illegal, but doing any sort of work where the possibility that fluids can leak onto the ground is, except for on a sealed ground, for instance an epoxy sealed garage. Meaning no oil changes, no working on the cooling system, no brake fluid changes. If caught I believe the fine can be anywhere between 500 to 10,000 euros. Therefore one should look for what is known as a Hobbywerkstatt, there you can rent a lift, tools, and are able to dispose of all fluids without risking it.”-Twitch_de Frankfurt am Main

There are now some exemptions to those A-hole laws, such as ‘classic’ car clubs who conduct a yearly protest cruise to the capital Berlin where they drive their decades old cars ’round and ’round the capitol building, honking their aged horns and revving their engines.

France has just passed an anti-old car law as well.  Starting in 2016 the city of Paris will ban cars made in 2001 or earlier, classic cars are not exempted! City A-holes will ‘give’ old car owners the equivalent of $1,500 USD to buy a new car!  (perhaps it’s really about boosting those negative EV sales)

The city of Los Angeles, in California, tried that in the early 1990s and it was a failure.  Why?  The city was going to compensate old car owners with only a few hundred dollars towards buying a new car, and classic cars were not exempted.  When all the classic car owners got together and threatened a massive class action lawsuit based on the value of their expensively restored cars the A-hole city administrators backed off.

Then there’s the proven fact that the more ‘electrified-computerized’ your car is the easier it is for the government (or some other nefarious ne’er-do-well) to hack into and directly control your vehicle.

For conspiracy aficionados; why is the U.S. terror agency known as USAID pushing the leasing of EVs through their Finance and Economic Development (the true FED) program?  This brings up another point about EVs, they’re production and sales are supported by taxpayer subsidies!  (“The world’s most electrified auto market didn’t rev its engines overnight….It took a lot of work and a lot of subsidies for Norway to become a major electric-vehicle success story”)

Diesels represent true independence, especially if you have an older vehicle that can easily run on bio-diesel (which is basically vegetable oil)!  Hell, Rudolf Christian Karl Diesel built his iconic engine to run on vegetable oil: “In 1900 a small Diesel engine was exhibited by the Otto company which, on the suggestion of the French Government, was run on Arachide [peanut] oil, and operated so well that very few people were aware of the fact. The motor was built for ordinary oils, and without any modification was run on vegetable oil….. I have recently repeated these experiments on a large scale with full success and entire confirmation of the results formerly obtained.”   He is the first documented victim of the monstrous U.S. Standard Oil company, The American oil millionaire John D. Rockefeller became his nemesis because diesel engines consumed less oil than other engines….at the expense of the profits of oil companies.”   He was later ‘disappeared’ from a ship in the english Channel, later an unidentifiable body was found floating near Norway!

What does oil family Rockefeller have to do with the government and industry push towards electric vehicles?   In 2014 a British news report revealed that the Rockefeller heirs were dumping their investments in petroleum oil and shifting to alternative energy, such as electric cars!  

Electric Vehicles Market to Rise at 19.2% CAGR from 2013 to 2019

Gas Hole: What the oil companies don’t want you to know

HISTORY OF BIODIESEL FUEL

The Economics, History and Politics of Hemp Fuels

Mazda’s new 65+ MPG Diesel, but don’t expect to see it in the anti-Diesel car United States! 

Ford Hybrid fuel economy a lie! Hyundai & Kia being sued! Obama regime EPA in on the scam? 

Diesel powered Locomotives brought back to life after Japan Disaster, Low Tech saving High Tech!

Rockefeller’s Trilateral Commission’s push for one world government 

U.S. Pay TV crashing & burning, loses nearly half million customers in 3 months!

According to the Multiscreen Index: DIRECTV, AT&T, DISH Network, Comcast, Time Warner Cable, Charter, Cablevision, Mediacom and Suddenlink lost a combined 400-thousand customers in the 2nd Quarter of 2015!  That’s nearly half a million customers in three months!!!  And that’s after several years of losses, so much for economic recovery!

18 – 19 October 2015: “Once again…been dealt a severe financial blow…”

 

“Once again…been dealt a severe financial blow…” Idaho taxpayers pay extra for not making ObamaCare available for everybody! Major healthcare ObamaCare shutdowns! : U.S. Job Losses & Closings 18 – 19 October 2015

California: San Luis Obispo losing yet another mom-n-pop,  after 25 years Bali’s Yogurt shutdown, the owners admitted they were shutting down sooner than they thought, due to increasing competition.  In Los Angeles, iconic Los Chavos Restaurant shutting down in November. Local news reports say the owner sold-out, and the buyer refuses to comment.

Connecticut:  ObamaCare forcing the state to cut Medicare, which in turn forcing Day Kimball Healthcare to eliminate 23 jobs: “Once again, our organization has been dealt a severe financial blow from the state that has far-reaching repercussions. We have no choice but to be proactive in cutting costs…”-Robert Smanik, president and CEO

Idaho: Kaiser Family Foundation study says Idaho is one of dozens of states keeping low income people from affordable ObamaCare (called the Coverage Gap), and that it’s actually costing taxpayers more money as a result, saying the cost of healthcare in The Gem State went up 6.9%!  

Washington based electricity supplier Avista has won a settlement that will result in electric rates going up for Idahoan customers of Avista starting in January 2016.    

Potato growers are warning of lower crop yields this year, even though acreage is way up.   Analysts say this year’s spud harvest will be below the five year average: “We’ve had some unusual weather this year. Some growers were hit by cold, some by heat and some had a lot of water. And with the water came late blight.”-Frank Muir, Idaho Potato Commission

Now for some good news (hopefully), a 20 year lease to create a large solar power project on the property of the Pocatello Airport has been approved.  It will be run by Energy Partners-Pocatello Solar One and will sell the electricity to Idaho Power.   

Indiana: In Gary, charter school Thea Bowman Leadership Academy laid off seven people due to what I call Disappearing Students Syndrome, which caused a drop in federal taxpayer funding.

Iowa: In Davenport, Hancock Fabrics shutdown due to the greedy landlord selling out to a greedy property developer.

Kansas:  After 17 years Robuck Jewelers shutdown because the owners can make more money off their property management business.  It’s been revealed that 1-hundred years old (surviving the Great Depression and numerous recessions) Mercy Hospital shutdown last week, admitting they’ve lost a lot of money since Affordable Care Act went into effect. It’s proof that ObamaCare actually prevents access to healthcare in less densely populated areas (known as small town syndrome).

Kentucky:  AK Steel shutting down its Ashland plant, starting in December 940 people will be laid off over a six months period!  They blame cheap imported steel (which is an excuse I’ve heard since the 1980s).

Louisiana:  A surprise announcement; South Beauregard Health Center in Longville shutting down by the end of the month, blaming crashing patient volume caused by Affordable Care Act (ObamaCare)!

Minnesota:  In Knife River, the Lighthouse at Emily’s restaurant shutdown when a potential sale to non-profit North Shore Scenic Railroad fell through.   After only 26 months Lake State Credit Union shutting down their Duluth Technology Village fully automated office on 01 November.  It’s blamed on the merger with Members Cooperative Credit Union.  Cliffs Natural Resources threatening to shutdown due to future competition: “…if they [Essar Steel] go online, I will shut down a plant up there the same day.”-Lourenco Goncalves, ceo

New Hampshire: Valley Regional Hospital eliminated eight jobs in an effort to be “not quite break-even but…sustainable”, no thanks to ObamaCare.

New Jersey:  Japan based drug pusher Daiichi Sankyo eliminating 1-thousand 2-hundred jobs across the U.S. but mainly at their Parsippany operations!   It’s part of their global cutbacks begun earlier this year.  Cherry Hill based Too Big to Jail TD Bank began eliminating jobs across United States and Canada, in an effort “push efficiencies”.

New York:  County taxpayer funded Summit Park Hospital and Nursing Care Center shutting down after Xmas, due to a potential buyer backing out of the $32-million USD sale.  4-hundred jobs lost! 

Oregon:  In Newberg the more than 1-hundred years old (surviving the Great Depression and numerous recessions) SP Fiber paper mill shutting down, 2-hundred jobs lost before Thanksgiving!   The paper mill was recently taken over by WestRock, which is shutting down operations around the country.  ObamaCare killing off yet another affordable insurance co-op, this time it’s non-profit Health Republic.  The forced shutdown will affect 8-hundred Oregon businesses and 15-thousand individuals!

Pennsylvania: God refusing to stop the shutdown of ‘his’ 166 years old Saint Mary of the Assumption Church due to the loss of $142-thousand USD.  “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.”-1 Timothy 6:10

16 – 17 October 2015:“We are in the throes of a deep depression, and nothing is changing!” 

WARN=Worker Adjustment & Retraining Notification

Former employees who receive severance are not counted as unemployed

The U.S. Department of Labor (DoL) no longer issues mass layoff reports: “On March 1, 2013, President Obama ordered into effect the across-the- board spending cuts (commonly referred to as sequestration) required by the Balanced Budget and Emergency Deficit Control Act, as amended. Under the order, the Bureau of Labor Statistics (BLS) must cut its current budget by more than $30 million, 5 percent of the current 2013 appropriation, by September 30, 2013. In order to help achieve these savings and protect core programs, the BLS will eliminate two programs, including Mass Layoff Statistics, and all ‘measuring green jobs’ products. This news release is the final publication of monthly mass layoff survey data.”