Category Archives: Business/Economics

Business/Economics, Idaho

“Dear customers…we have closed our doors…” Corporate America uses Fed debt financing to buy their own stocks & each other! : U.S. Job Losses & Closings 13 – 14 September 2015

Incomplete list of publicly announced layoffs & shutdowns:

“….over the past three years, we’ve seen more than a trillion dollars of issuance each year. And it’s accelerated each year as they try to take advantage of cheap borrowing costs.  They’ve used that money to fund buybacks and also to purchase other companies in what’s been a record wave of mergers and acquisitions.”-Eric Platt, Financial Times explaining to PBS Newshour how unAmerican Corporate America has been using the zero interest rate debt financing they’ve been getting from the Federal Reserve, none of it used to create jobs!

Arkansas: Energex is halting hollow steel structure manufacturing at their Atlas Tube factory, again: “We did idle the plant in April but we did not expect to be down more than 30 days. We expect this to be longer. We will idle the equipment by the end of September.”

California: In San Francisco, British empire U.S. tax-sucking military contractor BAE revealed they laid off 134 people!  Solar energy parts supplier MiaSolé Hi-Tech issued multiple WARNs saying 79 people will be unemployed before November.  Japan owned convenience store chain FAMIMA issued multiple layoff WARNs saying 94 jobs lost by the end of October.  In Menlo Park, Affordable Care Act medical device tax forcing medical device maker Acclarent to layoff 114 people by November!  Off-airport parking operator Park-N-Fly eliminating 71 jobs at two California locations by the end of October.  In Pismo Beach, after at least 33 years Pismo Bob’s hardware store shutdown.

Colorado:  In Fort Collins, two yogurt shops shutdown, Mahalo Yogurt and a TCBY.   The owners of Mahalo Yogurt blamed high rent and the owner of the TCBY admitted there are too many yogurt shops in the area.

Historic and iconic, after 89 years no more Green T in Idaho!

Historic and iconic, after 89 years no more Green T in Idaho!

Idaho:  After 89 years (surviving the Great deflationary Depression and numerous recessions) Chubbuck’s iconic Green T Bar & Grill (aka Green Triangle) shutdown suddenly.  The property, which has been in operation as the Green T decades before the city of Chubbuck was even created and included customers like U.S. President Harry Truman (the guy who nuked Japan), Vice President Hubert Humphrey and Willie Nelson, was sold and supposedly will be turned into three fast-casual restaurants.  Green T memorabilia will be auctioned-off on 01 October.  Mayor Kevin England views the destruction of the last of Chubbuck’s historic landmarks (to be replaced by yet more restaurants) as “…the beginning of some real good things coming in.”   Yeah that’s what we need to save our local economy, more restaurants.

Illinois: Lack of a state budget forced healthcare provider  Home Care Personal Services to shutdown without warning.   After 12 years, upscale restaurant Japonais by Morimoto shutting down in October.  In East Alton, after 62 years Hon’s Barber Shop shutdown.

Iowa: Animal food maker US Feeds shutting down their Eldora factory, 29 jobs affected.  It’s connected to the recent takeover of their rival Hubbard Feed.

Louisiana: It’s been revealed that Bronco Oilfield Services laid off 52 employees last week.  

Michigan: What automotive industry recovery? Car parts maker Stant shutting down their Romeo factory in time for Thanksgiving, 167 jobs lost!  The company is consolidating operations. 

New Jersey:  Nazi state administrators forced Just in Time Moving & Delivery Service to shutdown after ten years of problem free business.  State nazi weenie heads boasted “Through enforcement actions like this, we’re working to protect consumers…”, yet the owner’s only crime was failing to renew his business license.  The owner says the state continually “sabotaged” his attempts to renew his license because of racism:  “A lot of companies do horrendous things in the moving business, and they get away with it. I believe this has to do with my national origin.”-Haliru Gusau

Gusau’s only ‘crime’ was doing business in New Jersey.  Who in their right mind would want to do business in New Jersey and have to pay outrageous license to operate fees when there are states that have little or no license requirements for most businesses?

New York: The family owned Sanborn Marketplace grocery store is being forced to shutdown by their landlord and a greedy property developer.  They have to vacate the building by the end of October, and guess what the property developer wants to do with the property, build a grocery store!

North Carolina: No more beer as MillerCoors announced they’re shutting down their 39 years old Eden ops by September 2016, about 520 jobs lost!  Crashing sales are forcing MillerCoors to consolidate operations along the east coast.

Tennessee: After 26 years The New Moon Gallery and Tea Room shutting down due to the death of one of the co-owners.

Texas: In Austin, the operator of 41 years old music venue Hole in the Wall says he’ll have to shutdown in January 2016 because that’s when his rent jumps to $20-thousand USD per month!

Virginia: “Dear customers, we are sad to inform you that after several months of negotiations with the landlord, Pane e Vino Ristorante e Pizzeria has been unable to reach a new lease agreement. Consequently we have closed our doors for business….”

Wisconsin: In Wisconsin Rapids, after 30 years Gremler’s Bakery shutting down by the end of the month.

11-12 September 2015: “They’re leaving me out to dry!”

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.” 

Business/Economics

“I am…losing my dream…” “They’re leaving me out to dry!” Greedy property developers killing United States! Airline maintainer dies, right after president! : U.S. Job Losses & Closings 11 – 12 September 2015

Incomplete list of publicly announced layoffs & shutdowns:

California: Tax-sucker Boeing issued yet more mass layoff WARNs, this time 288 people to be unemployed by the end of October! In Santa Rosa, Mesa Beverage eliminating 137 jobs by the end of October! In Los Angeles, due to losing big food service contracts Patina Restaurant Group eliminating 317 jobs by the end of October!  Tech company Intuit issued mass layoff WARNs saying 110 Californians losing their jobs by the end of October!   Hotel operator Sheraton laying off 734 people in Palm Desert and Dana Point, supposedly temporarily!  In San Francisco, the Kor Hotel shutting down by November, 107 jobs lost!  The San Jose Airport Garden Hotel shutting down by November, 123 jobs lost!  Also in San Jose, beer distributor M.E. Fox & Company eliminating 127 jobs by November!  What housing construction industry recovery? In La Mirada, countertop and door maker VT West laid off 68 people.  Now bankrupt Huntington Beach based (but co-owned by British empire’s Australia) surf clothier Quicksilver shutting down 27 brick-n-mortar stores.  In Costa Mesa, after 27 years the Cat Clinic of Orange County shutdown.  The owner is pissed, she says she never made a profit, in fact she’s been losing money and it’s killed her dream: “I am just sick about losing my dream, my cats, my clients.”-Kelly Wright, veterinarian

Connecticut:  It was revealed that GreatWave Communications laid off about six employees, administrators call it “cyclical”.  In Westport, Villarina Pasta shutting down by the end of the week: “The rent has gone way, way up! Westport is not a good town for small businesses. The rent now is four times more than our limit……we should have moved five or six years ago.”-Lynn Sclafani, co-owner

Florida: Switzerland owned Melbourne based MidAir USA airline maintainer is now chapter 7 bankrupt busted, following the death of its president in April.  At the beginning of the month MidAir warned of its demise due to crashing airliner maintenance contracts. It owes one New York airport more than half a million dollars in rent and fees.  In Saint Petersburg,  Georgie’s Alibi shutdown.  Local news reports didn’t explain why but said the owners were major donors to local charities and were politically active.

Illinois: A Bellevue Quiznos sandwich shop shutdown after 20 years.  The franchise owner blames to evil corporate weenie heads: “They’re leaving me out to dry! They don’t want to help. I thought if I stuck around I would reap the rewards of it all. Everything would come my way, but my sales went down.”-Mike Barron

Louisiana: Affordable Care Act (ObamaCare) forcing Baton Rouge General hospital to eliminate 60 jobs and shutdown its Mid City emergency room!

Maine: After 53 years Ballard Meats & Seafood shutdown blaming skyrocketing costs of operation, especially the electricity bill which has been hitting as much as $2-thousand USD per month!  Affordable Care Act forced Southern Maine Health Care to layoff 13 people and halt their overnight care in Sanford.

Massachusetts: Affordable Care Act forced Worcester based Reliant Medical Group to eliminate 78 jobs.

Michigan: Is Affordable Care Act (ObamaCare) responsible for Powerlink janitorial contractor losing their contract with Henry Ford Health System?  190 jobs lost in time for Xmas!  What automotive industry recovery?   Leon Automotive Interiors has been sold off and will shutdown its Wyoming factory, 125 jobs lost (75 jobs eliminated last year)!  The new owners blame lack of new contracts, and it was revealed they’re moving employment to Mexico.

New York: In Skaneateles Falls, medical device maker Welch Allyn taken over by Hill-Rom, at least 80 jobs will now be eliminated.  

Ohio: The Piketon American Centrifuge Plant uranium enrichment factory has been ordered to stop by the Obama regime.  Tax-sucking contractor Centrus Energy now warning employees of mass layoffs.  Reports say 145 people have been laid off!

Pennsylvania: The Please Touch Museum now chapter 11 bankrupt busted.  The issuing of bonds has resulted in the museum being $60-million USD in debt.  Those bonds aren’t free.  In Moosic, the Mickey D’s (McDonald’s) shutting down after 40 years serving billions of burgers with questionable meat.  The franchise owners would not explain why they’re calling it quits.

Texas:  Tarrant County permanently shutdown six passport offices claiming the U.S. Department of State is waging “an element of retaliation” over a rules dispute.

10 September 2015: “We just cannot continue on this road.”

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.” 

Business/Economics, Idaho

False Flag or Incompetence? 3rd time in 4 months massive loss of industrial bees in Idaho!

12 September 2015 (14:54 UTC-07 Tango 01)/21 Shahrivar 1394/28 Dhu al-Qa’dah 1436/30 Yi-You 4713

For the third time in four months, millions of bees used by farmers were lost when a tractor-trailer rig flipped while driving through Idaho.  (the first two times happened in June)

A pollen encrusted bee on a sunflower in Chubbuck, Idaho.

A pollen encrusted bee on a sunflower in Chubbuck, Idaho.

This time it happened near where I live,  on Interstate 15.  The bees swarmed and caused drivers in other vehicles to crash.  A motorcyclist was stung on the head, causing him to crash.  Then a tanker truck hauling sulfuric acid crashed into a car.

I find it interesting that as bees are so important to agriculture that three major accidents involving trucks hauling bees through Idaho happened in a four months period (one in Coeur d’Alene, northern Idaho. One near Arco, eastern Idaho, and now this latest one in Pocatello also in eastern Idaho).

The owner of the bees says most will die due to their hives being destroyed.

Mother Nature killing off Bees, Chickens & Turkeys! 

U.S. West Nile virus: No more bees? 

West Nile update: Bees dying by the thousands! 

Corn syrup + GMO corn crops + Pesticides = Honey Bee Colony Collapse! 

Honey Bees dying in China, lack of water

Business/Economics, Idaho

“We just cannot continue on this road.” California city admits goal of destroying 2nd Amendment Rights! Idaho ignores its own beer/wine sales laws! Pocatello leaders lie about jobs! : U.S. Job Losses & Closings 10 September 2015

Incomplete list of publicly announced layoffs & shutdowns:

Alabama: Richland Golf Course shutdown: “It is with heavy and broken hearts that we announce we have put Richland Golf Center up for sale.  The past fourteen years at Richland have been a true blessing…..The past few years have been rough.  Our rent has more than tripled over the last several years and it has killed us.  We just cannot continue on this road……We have met with banks, private investors, City officials, and more trying to work something out.  Our prayer is to sell the facility.”

California: In San Luis Obispo, after 30 years the owners of Costume Capers say they must shutdown after Halloween due to competition from internet and the seasonal Halloween costume shops.  Cupertino based (but incorporated in Ireland as a tax dodge) hard-disk maker Seagate announced it’s killing off 1-thousand and 50 jobs in time for Xmas!  It’s blamed on crashing computer sales.  In San Francisco, the owner of the last gun store in the city, High Bridge Arms, says the city is about to pass an unconstitutional law that will shutdown his business.  City administrators boasted that they were openly attacking the 2nd Amendment: “What we are doing is essentially closing what amounts to a loophole between federal and state law and making sure that San Francisco continues to stay at the forefront of gun control legislation in our country.”-Mark Farrell

Florida: Avon Park Fire Department laid off 11 firefighters due to local taxpayers demanding an end to the Fire Assessment Fee.

Georgia: Atlanta based NBC owned Weather Channel laying off an undisclosed number of employees due to a radical change in programming.

Idaho: The Idaho Statesman revealed that Idaho police have not been enforcing state laws regarding the sale of beer and wine.  One rule says all brands of beer/wine must be available to all retailers who want to sell it, no “private label” sales.

In Bannock County the Mormon dominated Bannock Development Corporation outright lied about jobs saying “The demand is here but the workforce isn’t.”  Bullshit!  I’ve been unemployed since April (when I got laid off after the USPS shutdown their postal processing center in Pocatello on Flandro Drive).  I got no severance and the Idaho Department of Labor gave me no unemployment assistance.  I’ve got 13 years military experience, decades in retail/warehousing/delivery and six years in television, yet in the past few months I got three rejection notices for entry level jobs say I “didn’t have the qualifications they were looking for”!  Where are these jobs Bannock Development Corporation?  I’ve been told my problem is my age, I’m over 45 years old which seems to be the unwritten cutoff for hiring workers.  Most of the young adults in the area flee due to the lack of good paying jobs, so is what the Bannock Development Corporation really saying is that ‘the demand is here but the YOUNG MORMON workforce isn’t.’?

Illinois: In Washington, Tractor Supply Company shutting down its Washington Road location in October, due to “many business factors”.  The Lone Star Steakhouse & Saloon shutdown after 18 years on Route 50, at least 50 jobs lost.  It’s blamed on the property owner who wants to redevelop the land.  The Top of the Hill Bait Shop in Murphysboro shutdown.

Iowa: In Shell Rock, farm equipment maker Unverferth Manufacturing joins the downsizing club: “As commodity prices have plummeted over the last year and investment tax credits have subsided, so has the demand for farm equipment. As such, we have had to make the hard choice of laying off workers to better meet current demand. Being family owned, we keep any specific numbers private.”

Louisiana: Too Big to Jail Capital One announced major changes for its Pelican State operations that will result in shutdowns and hundreds of layoffs: “We are transforming the bank with a focus on efficiency and simplifying our organization. We notified assistant branch managers in Louisiana that their roles are being eliminated.”

Maryland:  Bethesda based tax-sucker Lockheed Martin announced they will eliminate 5-hundred IT jobs! It’s connected to their $9-billion USD takeover of Sikorsky Aircraft.  Lockheed Martin has already eliminated hundreds of jobs this year.

Michigan: After 35 years The Lark restaurant shutting down by Xmas in West Bloomfield Township.  The owners said it’s getting harder to run a business and the returns continue to fall.

New Jersey: In Toms River, Harris’ clothing store shutdown after 87 years (surviving the Great deflationary Depression and numerous recessions).   After 100 years (surviving the Great deflationary Depression and numerous recessions) Metzler’s Sporting Goods shutdown: “We made it to 100 years and that was very important to me. I’m going to be 65, it makes sense. Now is a good time for me to pack it in while everything is still OK and to go out on my terms.”-Billy Meltzer

New York: In Orchard Park, after 80 years (surviving the Great deflationary Depression and numerous recessions) Eckl’s Restaurant shutting down by the end of the month.  It’s up for sale.

North Carolina: Duke Energy shutting down their Allen Steam Station coal fired electricity factory by 2024, due to a federal lawsuit.

Oklahoma: In Tulsa, Lil’ Reasor’s convenience store on 15th Street and Lewis Avenue shutdown.

Pennsylvania: Too Big to Jail BB&T (Branch Banking & Trust) laid off 89 people at its new Lititz location.  It’s part of BB&T’s $2.5-billion takeover of Susquehanna Bancshares.  More layoffs could happen once more redundancies are identified.

South Dakota: Wyndham Hotel Group shutting down their Aberdeen call center, 250 jobs lost by January 2016!

Texas: In Austin, after 34 years Cozzoli’s Pizza shutdown.

Washington: The state Charter School Commission forced to shutdown after the state Supreme Court ruled charter schools “unconstitutional”!

Wyoming: In Pavillion, Miss Ginny’s Roost Steak House shutting down: “Yes, Saturday lunch will be our last day of operation. There is no one to blame but myself: I made very bad business decisions, based on bad information. I take full responsibility for the demise of my once proud Roost.”

09 September 2015: It’s official, Albertsons killed Haggen!

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.” 

Business/Economics

U.S. ally Japan drinks up Iranian oil despite sanctions!

10 September 2015 (02:16 UTC-07 Tango 01)/19 Shahrivar 1394/26 Dhu al-Qa’dah 1436/28 Yi-You 4713

Iran’s Petroleum Ministry reports that Japan will increase oil shipments to 350-thousand barrels per day.  This is the result of meetings with a delegation of representatives of 21 Japanese companies currently in Iran to discuss oil shipments.

It was also revealed that Japan has been importing Iranian oil despite U.S. led sanctions (Japan was officially excused from those sanctions by Barack Obama).  In July they imported 158-thousand barrels per day from Iran,  a 22% increase from July 2014.

Drought forces Iran to beggar for food!

 

AGOSTO-12: Mexico’s oil industry turns to China for help!

Business/Economics

Syrian banks making bank off U.S. led civil war!

10 September 2015 (01:44 UTC-07 Tango 01)/19 Shahrivar 1394/26 Dhu al-Qa’dah 1436/28 Yi-You 4713

The Central Bank of Syria reports that 20 private, public and ‘Islamic’ banks are reporting increased profits despite the U.S.-EU-Saudi-Israeli instigated civil war.

Combined six privately held  banks reported a 80.3% increase in profits compared to the same time last year, a 15% increase in asset holdings and a 22.5% increase in deposits!  The number of shareholders of privately held banks has increased to 34,621, more than half being Syrian companies.

The Commercial Bank of Syria reports they’ve been able to update to the latest technologies, but did admit to a slight drop in profits.

Syria International Islamic Bank reports liquidity is outpacing government goals: “The banks still have a suitable liquidity that is bigger than the minimum requirements set by Basel Committee and the Central Bank of Syria.”-Abdel Qader Dweik, executive director

The public Savings Bank reports 22,713 accounts with 651 deposits.

The People’s Credit Bank reports a liquidity increase of 33%!  Bank administrators say they will use that liquidity to provide loans to low income customers.

Syria snubs ObamaCare!

Business/Economics

It’s official, Albertsons killed Haggen! Investment corp can’t locate 25% of its assets! 2,000+ railroad jobs gone! Yet again, taxpayers pay for shutdowns! : U.S. Job Losses & Closings 09 September 2015

Incomplete list of publicly announced layoffs & shutdowns:

RestarauntNews.com has decided to charge for what Blind Bat News has been doing for free for the past few years; issue reports on how many restaurants have shutdown!

A Moneyball Economics article explains that mass layoffs continue because inventories are still too high, which means people are not spending what little money they have, which means the economy has not recovered.

Alabama: In Albertville, after 43 years the Plasticraft factory finally shutdown and will be auctioned off next week. At one time the plastics factory employed 150 people!

California: Newport Beach based Pacific Investment Management Company (PIMCO) warned of mass layoffs after an inventory count revealed they are missing 25% of their assets, and they’re experiencing a mass exodus of investors!  Huntington Beach based (but co-owned by British empire’s Australia) surf clothier Quicksilver about to file for chapter 11 bankruptcy.  At least 80 people in California losing their jobs. The company is now in the evil hands of Oaktree Capital Management.   In Chula Vista, after almost five decades the Fun4All mini-amusement park shutdown.  The property was sold to a storage unit company.

Florida: Yet another Sunshine State restaurant shutdown for health code violations, this time the Seffner Cracker Barrel was shutdown after inspectors found raw cow meat stored over cheese sauce and at least 50 roaches.  Those are just two of the 37 violations discovered.

Illinois: Southern Illinois University (SIU) reporting what I call Disappearing Students Syndrome (DSS).  Administrators say enrollment is down 3.9% and they’ll have to layoff employees.  Because of the DSS of 697 students SIU is short $5.2-million USD.  In Streator, Affordable Care Act (ObamaCare) forcing the Saint Mary’s Hospital to be shutdown by 2016 and replaced with a smaller outpatient clinic.  Most of the hospital’s 3-hundred jobs will be lost!  In Rockford, the PK Diner shutdown, the owner saying “It’s not going as well as we’d like it to.”

Kansas: Affordable Care Act (ObamaCare) done in hospital Mercy Independence.  They tried to merge with another hospital chain but that failed.  2-hundred healthcare jobs now lost!   Administrators warn that they might have to shutdown their Mercy Fort Scott hospital as well.  Local news reports indicate that since ObamaCare went into effect at least 50 small town/rural hospitals have shutdown.

Kentucky: Cave City administrators killed off all hope to resurrect the Funtown Mountain amusement park, saying the owner failed to address numerous safety code violations.

Louisiana: The Gift Shoppe and The Kids Shoppe at Teche Drugs & Gifts shutdown, due to the death of one of the owners.

Maryland:  Affordable Car Act (ObamaCare) forcing taxpayer funded Dimensions Healthcare System’s non-profit Laurel Regional Hospital to end maternity care, at least 38 jobs lost. It’s part of a bigger plan to turn the hospital into a smaller outpatient clinic (which means even more job losses).

Montana: In Red Lodge, Bridge Creek Backcountry Kitchen and Wine Bar (and only server of Starbucks coffee in the town) shutting down by the end of the month.  The owners said they’re moving back to their home state of Minnesota.

Nebraska: Omaha based Union Pacific (UP) railway admitted that the number of their layoffs have increased, to 2-thousand 3-hundred!  This is a far cry from the “several hundred” UP originally announced.  It’s blamed on declining freight shipments.

Nevada: Former employees of the Hycroft gold mine told local news they had no warning about their layoffs.  Local news revealed that 230 people were laid off back in July, and that number does not include the contractors!  Local news also pointed out that the company failed to file a WARN.   Hycroft administrators say they’re planning to go chapter 11 bankrupt.  State taxpayers are being forced to shell out $52,062 USD to “temporarily” shutdown the Nevada office of tourism in China!  State ‘lawmakers’ blame a contractor.

New Hampshire:  The Vision Processing Technologies factory in Litchfield was taken over by Ireland based Kerry Group at the end of 2014, now it’s being shutdown, 45 jobs affected.  Interestingly, Kerry Group donated a paltry $5-thousand USD to the city.  

Ohio: Cincinnati based retailer Macy’s announced it will shutdown  40 stores by early 2016! Compare that to the 52 stores Macy’s shutdown over the past five years.  Administrators blame increased competition from both brick-n-mortar ops and the internet.  In Piqua, the El Sombrero restaurant shutdown due to “circumstances beyond our control.”  In Burlington, after 15 years Look What I Found antique store shutdown due to property owner selling the property.

South Carolina: In Myrtle Beach, after 35 years music venue Harold’s shutdown.   After 19 years the Planet Hollywood restaurant shutdown.  After ten years live role playing game venue MagiQuest shutdown.  Milliken & Company shutting down the former Springfield textile factory in Lyman, 125 jobs lost!  Milliken recently took over Springfield and is eliminating now redundant operations.

Tennessee: Local news media declaring East Chattanooga a “food desert” as the last fruit-n-veg grocery store, Scarbrough’s Produce,  shutdown.  Even the property owner wants to see another plants only grocery store move in saying “I can buy the product. I need them to bring in their people to run it.”  Some people blamed convenience stores that sell fried chicken (hell yeah, we humans are carnivores not rabbits, I’ll take fried chicken over veggies any day).

Texas: In Austin, after seven years with a high turnover rate in chefs, the Mulberry wine bar shutdown.  In Italy, long time Uptown Café shutting down due to the property owner selling the property.

Virginia: In Christiansburg, clothier Sherman & Smithmans shutting down after 47 years of service.  The owners blame changing clothing trends.

Washington: Bellingham based Haggen Foods has already shutdown dozens of grocery stores and eliminated hundreds of jobs and now they’re  chapter 11 bankrupt busted, no thanks to being tricked into buying 146 failing Albertsons-Safeway stores: “They were just clueless from the very beginning. You couldn’t do worse than what they’re doing.”-David J. Livingston,  DJL Research

08 September 2015: “the numbers just didn’t add up”

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.” 

Business/Economics, Idaho

“the numbers just didn’t add up” Mormons biggest ‘donors’ to Idaho politicians! : U.S. Job Losses & Closings 08 September 2015

Incomplete list of publicly announced layoffs & shutdowns:

California: After 40 years the Big Sur Coast Gallery up for sale, asking price $3.7-million USD!  In Fresno, after 75 years Martin’s Flowers shutting down: “If someone wanted to buy the business that would be great because that would make a lot of people happy.”–Catherine Soligian

Florida: The Jacksonville Day Resource Center for homeless people shutting down after two years of operations.  Administrators blame lack of taxpayer funding.

Idaho:  The Idaho Statesman investigated which companies and organizations are ‘bribing’ (political ‘donations’) failed-false-conservative Right-to-Work (you over) Idaho politicians.  The top three ‘bribers’ are major utility company Idaho Power (so that’s where a lot of our utility payments go), east Idaho based Mormon owned “wellness company” Melaleuca, and out-o-state Washington DC based ‘conservative’ lobbyists Club for Growth.  

Mississippi: In Vicksburg, reports that Texas based oil service company Schlumberger is about to layoff 222 people after selling off their recently acquired Cameron ops to a rival: “Due to the current declining business conditions, the company has decided to substantially reduce its operations at the Vicksburg facility. As a result, we anticipate that we could potentially permanently layoff up to as many as 222 employees, beginning as early a November, 2, 2015.”

Missouri: In Springfield, Price Cutter shutting down its Grand Street grocery store.  Local news reports say no official explanation was given.

New York:  NYC Parks shutdown city pools after Labor Day blaming lack of taxpayer funding.   After more than 100 years (surviving the Great deflationary Depression and numerous recessions, and even a fire in the 1960s) the Wanakena General Store shutting down in October because “the numbers just didn’t add up”.

Texas:  Goodrich Petroleum sold-off $116-million USD worth of its Eagle Ford Shale oil stake in order to pay down its debts!

06 – 07 September 2015: “…members haven’t been paid at all this year…”

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.” 

Business/Economics, Idaho

“…members haven’t been paid at all this year…” ObamaCare continues to pay for banned medical care! : U.S. Job Losses & Closings 06 – 07 September 2015

Incomplete list of publicly announced layoffs & shutdowns:

“Premiums for Obamacare plans are expected to increase substantially in 2016, with many insurers requesting double-digit rate hikes. For example, in June Blue Cross and Blue Shield of North Carolina proposed an overall rate hike of 26 percent for 2016 Obamacare plans, and two months later raised the hike to 35 percent.”–Agile Health Insurance

The British empire’s taxpayer funded BBC announced massive funding and program cuts.  The BBC (British Broadcasting Corporation) is the shadow owner of the United State’s PBS (Public Broadcasting Service, public meaning funded by donations), if you haven’t noticed all those British programs clouding up the PBS airwaves.

Alaska: After four years film and commercial production company Piksik shutting down by the end of the month.  It’s connected to a controversial tax credit for the movie industry.

California: In San Gabriel, after 32 years the People to People food bank shutting down due to massive lack of cash donations: “Staff members haven’t been paid at all this year, and some have taken from their own pockets to help cover expenses.”-Robert Ries, president

In San Francisco, popular Zapata Mexican Grill shutting down after 22 years: “Unfortunately our landlord has decided not to renew our lease, so we will be closing our doors permanently on October 15.”

Florida: Sun and Skin Care Research-Ocean Potion Suncare-No Ad-Bull Frog eliminated 130 jobs!  Local news reports say the sun-block company was sold to a Canadian outfit which plans on moving production to Georgia.  In Titusville, after 55 years The Coffee Shoppe shutdown due to the greedy landlord tripling the rent from $1-thousand USD per month to $3-thousand!

Idaho:  It’s been revealed that after certain medical care providers were cut-off from Idaho’s Medicaid that taxpayers are still shelling out money to those banned service providers!   At least six providers have been paid $820-thousand USD since they were banned!  Another two banned providers did not get payments but are still on the list of approved healthcare providers!  It’s not just Idaho, the revelations come from the U.S. Department of Health and Human Services.

Illinois:   In Carbondale, after 36 years Pick’s Liquor shutdown.

Kansas: In Topeka, Big’Uns Grill shutting down soon, the owners say they will focus on catering only, basically because they are having a heck of a time finding reliable restaurant employees.  In Salina, sports clothing store Finish Line shutdown “based on sales results and demand in the market”.  In Parson, after 50 years second-hand store Red Barn shutting down by the end of the month: “I’m working 60 hours a week, and I’ve been doing it since 2005. I’m tired.”-Joyce Zinn

Maryland: The Old Line State joins a growing list of states warning residents that Affordable Care Act (ObamaCare) insurance rates are about to skyrocket.  The state insurance exchange warned that premium rates will go up as much as 26%!

Massachusetts: Affordable Care Act (ObamaCare) is being directly blamed by Cambridge Endoscopic Devices for their chapter 11 bankruptcy.  The company has been for sale for the past two years, but nobody wants to buy due to the draconian Affordable Care Act.

Michigan: In Detroit, Olga’s Kitchen on One Campus Martius shutdown without warning.  Local news reports say the property owner ended the lease early, apparently because they have plans to build a huge new shopping center.  In Grand Rapids, the Fresh Coast Kitchen shutdown their sandwich shop on Iona.

Missouri:  After 11 years the World Aquarium of Saint Louis shutdown.  The president told local live morning newscast they are looking for a new place.   In Kansas City, the Local Pig restaurant shutting down mid-month: “I only a signed a one-year lease last year because I didn’t want to get locked in for a long time. I think Westport has a lot of potential as a nightlife venue, but for a traditional restaurant, there are issues here.”-Alex Pope

Texas: In Austin, Sandra Bullock’s Bess Bistro shutting down by the end of the month.  It sounds like the property has been sold.

Washington DC: The National Park Service is ending the Buzzard Point Marina contract, claiming it’s not “a financially viable business”.

04 – 05 September 2015: “You can’t keep fighting the economy…”

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.” 

Business/Economics

To Destroy the Dollar: Chinese banks making bank off other countries!

07 September 2015 (20:52 UTC-07 Tango 01, 06 September 2016)/16 Shahrivar 1394/23 Dhu al-Qa’dah 1436/25 Yi-You 4713

“Offshore RMB [yuan] liquidity will be improved as the currency goes global, and cross-border RMB businesses remains heavyweight in the overseas sectors of Chinese-funded banks.”-Mao Yumin, CCB

China Communication Bank (CCB) net profit first six months Gregoria year 2015 $332.92-million USD, up 35.6% from same time last year!

Agricultural Bank of China‘s (ABC) overseas branches report net profits of $28-million USD, up 22.8%!

Industrial and Commercial Bank of China (ICBC) profits $27-million USD, up 13%!

Bank of China reports $4.65-billion USD in profits!

Central Asia gives up U.S. dollar for Chinese Yuan!