Category Archives: Business/Economics

Business/Economics, International, Technology

Martial Law: Your cell phone is assembled in an Asian country, but the tech to spy on you came from Israel!

10 June 2014 (09:25 UTC-07 Tango)/11 Sha’ban 1435/20 Khordad 1393/13 Geng Wu 4712

“…the tech sector has become the backbone of the Israeli economy.  Throughout the global recession Israel saw growth year on year. Just take a look at the NASDAQ….foreign listings, number one is China, number two is Israel.”-Samuel Burke, CNN tech reporter

A CNN tech program inadvertently revealed that while your cell phone, or other electronic gadget, is assembled in an Asian country, the technology to spy on you comes from Israel!

Israeli companies are the ones who “code” the guts inside your cell phones.   The Israeli government even created a Chief Scientist position to oversee such operations.

For some reason the CEOs of these Israeli tech/augmented reality companies, that’re coding your gadgets, stated that they had no problem paying the Israeli government 26.5% in taxes.   The CNN report didn’t explain why.

In 2012, the Israeli government passed a law (Electronic Waste Law) making it mandatory to recycle electronic gadgets.  The law went into effect in January 2013.  The recycling companies employ mentally and physically handicapped people to do the recycling work.

And a new law went into effect this year, in which household appliances equipped with computer tech must also be recycled.

So basically your ‘new’ cell phone has guts made from recycled Israeli electronics, which are then coded by Israeli companies so that your caring government can spy on you.

Business/Economics

U.S. job losses & store closings 01 – 03 March 2014: ObamaCare forces hospitals to end care for pregnant women? FCC kills Utah company! Too Big to Jail banks excused from paying $1-billion in debt, in exchange for shutting down power plants!

Incomplete list of announced closings & layoffs.

Arizona: In Tucson, after 13 years Kevin Jewelers shutdown.

California:  Coachella Valley Unified School District laid off 51 teachers.  More layoffs in the works.  BEST (Barstow Employment Specialized Training) Opportunities killed 98 jobs, guess their job training wasn’t good enough.  The Alta Bates Summit Medical Center continues to kill jobs because of Obama Care.  This time 227 healthcare workers in Berkely and Oakland became unemployed!  In Oakland, Mexico owned Bimbo Bakeries shutdown, 160 jobs lost!  In Panorama City the maker of wheel chair lifts for vehicles, Ricon, laid off 25 employees.  Are the layoffs connected to the Obama Care medical device tax?   UPS (United Parcel Service) killed 1073 jobs at their Richmond hub!

Indiana:  In Greensburg, Radio Shack shutdown.  It’s part of Radio Shack’s plan shutdown 500 stores across the U.S.!

Massachusetts: In Boston, the 1-800-Flowers shop shutdown on Hanover Street.  An employee told a local reporter that it was the company’s fault because they’ve “mismanaged the franchise” for months now.

Michigan: In Westland, after 26 years Play Ball Sports announced it will shutdown once all merchandise is sold off.   After the announcement the store was robbed of $2-thousand USD of merchandise (caught on security cam) and the owner claims he was almost killed in the process!  Grand Rapids Public Library laid off at least 18 employees.  Director Marcia Warner blamed it on a “new financial reality”.   The South Haven Health System Hospital shutting down its birthing center in May.   Officials directly blame Affordable Care Act (Obama Care): “Some of our board members were born here, and many of our employees, and they’ve stayed in the community, so it’s a sad decision but one that’s necessary for the viability of the rest of the organization…..because we have such a high medicaid population utilizing our services, the program [Obama Care] does not reimburse to the level where we can support the program.”-Joanne Urbanski, CEO

New Jersey: In Wayne, Mitt Romney/Bain Capital owned Toys R Us killed 200 HQ jobs!  It’s blamed on declining sales.   Kimball Medical Center laid off 73 healthcare workers.  Hospital officials say they must consolidate services with other hospitals in order to survive Obama Care cuts.

New York: Electric company Mach Gen now bankrupt busted.  The company is actually owned by Too Big to Jail banks like Bank of America and Credit Suisse.  Mach Gen was created to control natural gas fired electric plants in New York, Massachusetts and Arizona.   As a result of the bankruptcy the Too Big to Jail banks will skip out on paying off $1-billion USD of debt!

Ohio:  Evil Bechtel laying off 155 employees in April, at the Davis-Besse Nuclear Power Station!  It’s because their contract will expire.  In Stow, Wisconsin based packaging company Bemis shutting down their factory in May, despite reporting 2013 net sales of $5-billion!  115 jobs lost!

South Carolina: In Landrum, Ken’s Meats & Seafood shutdown after only three years of operations.  The owners said everything was going good until summer 2013, when sales crashed: “We just didn’t have enough local support to sustain us for the long run. Unfortunately I can count on two fingers how many local businesses bought from us and that was unfortunate…..demand for my products is just not here in our local community.”-Ken Brackett, co-owner

Texas: In Austin, engineering company URS laying off 79 employees in April.  They lost the contract to operate a toll road.

Utah:  Video service provider for people with hearing loss Sorenson Communications now bankrupt busted.  6800 jobs threatened! Company officials blame their decline on a 2010 U.S. FCC rule change, which reduced the amount of fees companies could charge, but forced companies to spend more money on upgrades.

Virginia:  Taxsucker General Dynamics says if the military doesn’t renew their contract then 88 IT employees will become unemployed.

Wisconsin: In Tomah, after 50 years Bob’s Furniture shutdown.

28 February 2014: ObamaCare forcing medical supply companies to commit “suicide”!

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics, Idaho

U.S. job losses & store closings 28 February 2014: Another women’s clothing chain going down in flames! Successful internet business kills jobs! ObamaCare forcing medical supply companies to commit “suicide”!

Incomplete list of announced closings & layoffs.

Alabama: In Birmingham, God refused to stop the Parkway Christian Academy from shutting down.   This time it’s blamed on church members not paying their dues, as a result the church has to sell the school!

Arkansas: Arkansas News Bureau laid off five employees, which turn out to be the majority of their seven full time staff!

California: Who said tech jobs are recession proof? Atos IT Solutions laid off three people.  Avnet Integrated laid off three people.  Loehmann’s killed 160 department store jobs!  In Emeryville, troubled Switzerland based legal drugs pusher Novartis killed 167 jobs!  In San Diego, legal drugs pusher Optimer Pharmaceuticals laid off 21 employees.  The Riverside Dental-Doctor Group killed 162 jobs!

Louisiana: The University of New Orleans killed more jobs.  This time 28 people lost their jobs in an effort to save $2-million USD!  It’s blamed on disappearing students.

Idaho: In Aberdeen, food and agriculture giant Simplot announced they will kill 309 food processing jobs by April!

Illinois: In Martinsville, Accents unique item store shutdown, apparently after only fours years of business.

Indiana: In Fort Wayne, taxsucking military contractor Exelis Night Vision and Communications Solutions laid off an undisclosed number of employees.  The company has killed 800 jobs in the past three years!  There is now a For Sale sign on the building.  It’s blamed on drastic Department of Defense spending cuts.

Iowa: In Mason City, after 102 years Marshall & Swift dry cleaners shutdown! 50 jobs lost.  The family owners did not give a reason, but the property is up for sale.

Kentucky: In Louisville, the Heine Brothers’ Coffee shop shutdown. Company officials said the shop had good business, but it wasn’t good enough to cover the outrageous rent.

Maryland: In Salisbury, after 30 years the Shinn Paint store shutdown.

Massachusetts: In South Deerfield, Yankee Candle Company laid off about 30 salaried employees.  It’s actually blamed on their successful and growing internet business!

Michigan: In Franklin, after 30 years Bead Works shutdown.

New York: In NYC, Juicy Couture clothing retailer laying off 21 employees by the end of March.  In Copiague, Baumann & Sons Buses warned that they might lose their contract, which would result in 250 jobs being lost!  In Coram, Acme Bus warned they might lose their school bus contract, resulting in 334 jobs being lost!  In Endicott, employees for IBM revealed that at least 15 people lost their jobs.  IBM officials refused to comment to local news media.  In Schenectady, health insurance company MVP Health Care killed 100 jobs!  It’s blamed on Obama Care: “The health insurance industry is going through a time of unprecedented change, and we need a streamlined and nimble organization to stay ahead of the curve.”-Denise Gonick, President and CEO

North Carolina: All-States Medical Supply blames Obama Care for killing their jobs.  Company officials explained that Obama Care cuts government and insurance company reimbursements for their medical supplies by 45%!   Medicare audits of their accounting have been increased by 250%!!!  Such audits place reimbursements in limbo, company officials say two and a half years worth of reimbursements are now on hold until the backlog of Obama Care audits are completed!  CEO Marcus Suess described Obama Care as “suicide” for the medical supply industry!

Ohio:  After 27 years, Glenwillow based women’s clothing retailer Dots now chapter 11 bankrupt busted and shutting down!  All 360 stores in 28 states to shutdown!  3500 jobs lost!

Oregon: Layoffs continue at the Umatilla Chemical Agent Disposal Facility.  When chemical weapons were being destroyed the base employed 830 people.  Now there are only 90.

Pennsylvania: In Pittson, Clarcor Air Filtration shutting down, 60 jobs lost.  Company officials now say it was an economic mistake to move to Pittson.

Texas: In San Antonio, taxsucker Lockheed Martin laid off 36 employees.  It’s blamed on declining orders by the warmongers known as Department of Defense.   Over the next two months Boeing killing 600 jobs in San Antonio!

Virginia: The Hope Co. Boutique and Cameo stores shutdown.

27 February 2014: Another big bank says housing market crash coming! 

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics

Dumb Americans: Majority of GM car owners don’t even know they own a GM!!!

06 June 2014 (19:07 UTC-07 Tango 05 June 2014)/07 Sha’ban 1435/16 Khordad 1393/09 Geng Wu 4712

China’s CCTV was interviewing a U.S. auto industry analyst over the massive General Motors (GM) recall scandal.  The Chinese interviewer was literally flabbergasted when the U.S. analyst stated that most GM car owners in the U.S. don’t even know they own a GM!

The analyst used Buick and Saturn as an example saying most Buick and Saturn owners don’t know that their cars are included in the massive recalls.  The analyst postulated that it was going to take a long time for the recall and repair of a potentially deadly problem with ignition switches (and other problems) simply because many GM car owners don’t know they own one of the potentially deadly GM brand cars.

Why is Chinese news media concerned about the GM recall?  Because  GM now sells more Buicks in China than in the U.S.!  China is fast becoming the number one car market for General Motors, no longer is the U.S. the top car market.  And yes, no thanks to ‘globalization’, GM cars sold in China are affected by the same scandals affecting GM cars sold in the U.S.

Short list of General Motors brands: GMC, Saturn (now defunct), Pontiac (now defunct), Chevrolet (aka Chevy), Buick,  Cadillac, Hummer (now defunct), Sweden based SAAB (auto division sold off to Netherlands based Spyker), Germany based Opel, Australia based Holden, United Kingdom based Vauxhall, China based Wuling, China based Baojun, China based Jie Fang (aka FAW-GM), UzDaewoo (joint venture by GM Korea and Uzbekistan).

Back in the old days, when U.S. cars had character, strength and weren’t dumbed down by anti-car regulations and false flag emission controls, most people in the U.S. took so much pride in their cars that there were heated arguments over who’s car brand was better, and this even led to the creation of drag racing and custom car shows.  Now all we get is light weight computer controlled crap for a new car, no matter what the brand is!

Business/Economics

U.S. job losses & store closings 27 February 2014: Another big bank says housing market crash coming! More ObamaCare hospital shutdowns & massive layoffs! California real estate kills jobs!

Incomplete list of announced closings & layoffs.

Best Buy announced they are killing 2-thousand salaried mid-level U.S. manager jobs by the end of 2014!  Already 500 have been let go!  Best Buy is also killing 950 jobs in Canada!

Aussie airlines Quantas in big trouble.  5-thousand jobs being killed.  Quantas is even asking for an Australian government bailout.  Their revenue problems are directly affecting U.S. company Boeing.  Quantas says it will delaying paying for three Boeing 787 Dreamliners for its Jetstar division.  Quantas is also trying to sell off 50 of their airliners.

Arkansas: Little Rock based marketing company Acxiom started a third round of layoffs since the end of 2013.  This time 100 people in Arkansas and 100 people across the U.S. became unemployed!

California: In San Diego, Cox Communications laying off 200 call center employees by September!  Company officials are consolidating call centers and decided California real estate was too expensive to justify building a bigger call center in California.  In Orange County, Cox Communications killed 150 cable TV jobs!  What housing market recovery?  San Francisco based Too Big to Jail Wells Fargo announced it is killing an additional 700 mortgage industry jobs across the United States: “We currently expect mortgage origination volumes to decline in first quarter 2014…”-Peggy Gunn

Florida: In Lynn Haven, tax sucker General Dynamics killed 730 of its ObamaCare call center jobs!  A Congressman from Florida is outraged: “I am saddened that these hardworking men and women are paying the price for the Obama administration’s unyielding pursuit of a job crushing, Washington first agenda that has made private sector job growth more difficult by the day!”-Steve Southerland II

Massachusetts:  Despite record sales, medical device maker LeMaitre Vascular laid off 30 employees.  ObamaCare created a new high tax on medical device makers.

New York: In Williamsville, Ingram Micro laid off an undisclosed amount of employees.  It was revealed by local news sources that the California based electronics company got a $900-thousand USD tax break in 2013 from the Amherst Industrial Development Agency.  In Syracuse, after 100 years scrap metal company Roth Steel shutdown.  The 33 employees told local news media they were not given warning about the loss of their jobs.  Company officials claim they could no longer compete with other metal recyclers.  In NYC, bankrupt Dots clothing store shutting down in May, 43 jobs lost.  What housing market recovery?  In Babylon, DE Capital Mortgage shutting down by April, 52 jobs lost.  In Pittsford, Wells Fargo to layoff mortgage service employees by the end of May.

Oklahoma: In Stillwater, after 52 years Colonial Florist shutdown.

Oregon: In Portland, after 37 years Showcase Music & Sound shutdown.

Pennsylvania: The Crozer Keystone Health System killed 250 healthcare jobs!  Officials blamed ObamaCare’s reduced Medicaid and Medicare reimbursements for a $16-million loss in the past seven months.  And Commonwealth Health shutdown the Wilkes-Barre General Hospital’s business office, 87 jobs lost.  They also fired their director of communications.  In Blue Bell, managed healthcare company Aetna laid off an undisclosed number of employees.  It’s part of Aetna’s plan to kill 3-thousand jobs across the U.S. by 2015!

Tennessee: An Outback Steakhouse shutdown, it’s part of the company’s plans to close 22 Outback restaurants by the end of of the first quarter 2014.

Texas: In El Paso, United Blood Services shutting down their call center, more than 100 jobs lost!  Company officials said ObamaCare is forcing them to centralize operations.

Vermont: In Essex Junction, local news reports said IBM began killing jobs.  Last year IBM killed 419 jobs in Essex Junction!  IBM officials admit they’re spending billion of dollars on new computer/internet operating systems.

26 February 2014: Sony ups the layoff ante in California! 

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics

U.S. job losses & store closings 26 February 2014: More ObamaCare cuts! Sony ups the layoff ante in California! More disappearing students!

Incomplete list of announced closings & layoffs.

Alabama: Gadsden Etowah Emergency Medical Service now chapter 11 bankrupt busted!   The EMS could lose its medical license as well.   Decatur Emergency Medical Service now chapter 11 bankrupt busted!  Many employees went on strike!  As of the end of February the EMS had only one operating ambulance!

California: Only one day after Japan based Sony notified state officials in a WARN that they laid off 40 employees at their video game operation, Sony admitted they actually killed 400 jobs at their Rancho Bernardo office!  Sony also said it would begin shutting down 20 stores and kill 1-thousand jobs across the U.S.!  In Claremont, after 25 years Stamp Your Heart Out stamp and scrapbooking store shutdown.  The owner blamed it on the bad economy.

Connecticut: In Windsor, after only two years Nassau’s Furniture shutdown its warehouse.

Georgia: In Albany, after 30 years the Who’s Who upscale clothing store shutdown.  The owner blames the bad economy.

Illinois: In Chicago, after 66 years Frank’s Jewelry shutdown.   The owner cited a string of bad luck events which made it financially impossible to continue.

Kansas: In Wichita, God refused to stop the Bethel Life Center school from shutting down.  School officials blamed disappearing students: “We have had over the last 10 years a drop in attendance. Because of the cost to operate such a program, if your enrollment drops, you can no longer provide the service.”-Dave Zavala, vice chairman

Massachusetts: In Worchester, God refused to stop the killing of 15 jobs at the Catholic Assumption College.  School officials said the layoffs were the only way they could keep from raising tuition.  Parents have told school officials the number one reason why student enrollment is declining is because of the skyrocketing costs of higher education.  Gee, do academics really need to be rocket scientists to figure that one out?  In Middleboro, the Twice Upon a Time used book store shutdown.  The owner blames electronic books.

New York: Sterling National Bank laid off three employees.

Pennsylvania: In Emigsville, Graham Packaging laying off 55 employees at the end of March.  Company officials said the layoffs are necessary to “remain competitive”.  In Daugherty Township, after 57 years the Red Star Oil gas station shutdown.  The family owners say their old gas station is now in violation of state Department of Environmental Protection rules, and they’re being kicked off the four acre property: “We have to be done by Wednesday, which is dictated by the Pennsylvania DEP.”-Drew Freeman

Texas: Rio Hondo School District killed 23 jobs.  It’s blamed on funding cuts which are blamed on disappearing students (declining enrollment).

25 February 2014:  IBM launches job killing Project Apollo! 

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics, Idaho

U.S. job losses & store closings 25 February 2014: More disappearing students! More ObamaCare job cuts! IBM launches job killing Project Apollo!

Incomplete list of announced closings & layoffs.

What housing market recovery?  Too Big to Jail, JPMorgan Chase killing 6-thousand jobs relating to mortgage refinancing!  The big bank says the market for home mortgages is crashing.  The big bank is also killing 2-thousand jobs relating to credit card services!  8-thousand jobs lost by the end of 2014!

California: In Santa Monica, Japan based Sony admitted they laid off 40 employees at their video game operation.

Florida: In Jacksonville, Connecticut based envelope company Cenveo laying off 133 employees by the end of May!  It’s connected to Cenveo’s take over of National Envelope.

Idaho: In Coeur d’Alene, Office Depot announced it will shutdown in May.  It’s blamed on the merger with Office Max.

Illinois: In Chicago, after only five years Bellybum Boutique baby supply store shutdown.

Indiana:  Indiana Limestone shutting down, 166 jobs lost!  The company that supplied limestone for many iconic Washington DC buildings is now bankrupt busted.  In Boston Township, after 55 years Central Furniture & Carpet shutdown.  Local news reports say it was the last retail business in town.

Kentucky: Southern Kentucky Performing Arts Center laid off five employees.

New Jersey: The Newark School system warned of massive layoffs.  More than 1-thousand teachers could lose their jobs over the next three years!  School officials blame crashing revenues which are caused by disappearing students (declining enrollment).  Wawa convenience store, on Route 70 and Cooper Landing Road, shutting down in March.  Store owners say it’s not worth it to remodel in order to meet new building standards.

New York: International Business Machine (IBM) announced “workforce rebalancing” Project Apollo.  13-thousand jobs will be killed around the world, but thousands could lose their jobs in New York state!  IBM says it needs to cut jobs to save money, but at the same time IBM officials pissed and moaned about how it will cost them $70-thousand to layoff each employee!  In Brooklyn, Photoplay video store shutdown.   In Johnstown, National Freight shutting down by April, 112 jobs lost!

North Carolina: In Greensboro, after 79 years Ham’s Restaurant shutdown.  It’s blamed on the greedy property owner.

Ohio: In Middletown, after 92 years Worthmore men’s clothing store shutdown.  The family store owners say sales have crashed ever since the landlord announced plans to radically remodel the shopping center.

Pennsylvania: In Erie, HealthSouth Rehabilitation Hospital laid off 18 healthcare workers.  Kmart announced they will shutdown their Middletown Township store, 87 jobs lost.

South Carolina:  In Orangeburg, a Reid’s grocery store shutdown.  In Cayce, a Reid’s grocery store shutdown.  In Walterboro, a Reid’s grocery store shutdown.  In Aiken, a Bi-Lo grocery store shutdown.  All blamed on Bi-Lo Holdings take over of Delhaize America.  More grocery store shutdowns to come!

South Dakota: In Watertown, employee screening company Verifications shutting down, 120 jobs lost!  This makes the third Verifications operation to shutdown since 2012.

Texas: In Austin, HelioVolt solar panel maker shutdown.  Their Korean partner backed out.  98 jobs lost.  God refused to stop Good Shepherd Health System from closing one hospital and two clinics!  The Critical Access Hospital in Linden will close in April, as well as a clinic in Linden and a clinic in Hughes Springs.  Hospital officials directly blamed Medicare and Medicaid cuts caused by Obama Care, it was revealed the Good Shepherd Health System has lost $12-million USD.

Virginia: Kmart announced they will shutdown a north Raleigh store by May, 53 jobs lost.  Kmart will also close the Harrisonburg store in June, 79 jobs lost.  Kmart will also close the Wincester store in June, 91 jobs lost.  What housing market recovery? In Danville, modular home maker Commodore Homes shutting down in April, 100 jobs lost!

22 – 24 February 2014: Massive ObamaCare shutdown in idaho! 

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics, International, U.S.

Where are they going? South of the border is the number one destination, just ask Jesse Ventura! 2014 to be another record year for rejection of U.S. citizenship!

02 June 2014 (18:30 UTC-07 Tango 01 June 2014)/03 Sha’ban 1435/12 Khordad 1393/05 Geng Wu 4712

Fate is twisted, after decades of U.S. citizens pissing and whining about ‘Mexicans’ swarming into the United States the shoe is now on the other foot!

Now, U.S. citizens are literally swarming into Mexico.  As of 2010, U.S. and Mexican government data estimate the number of U.S. citizens living in Mexico at between 740-thousand and 1-million!  That’s a record.

Compare that to the claims of the evil British empire member Canada: 2011 data shows just over 311-thousand U.S. citizens calling the Great White North home.

It must be noted that Brazil is challenging Canada’s position as number two destination spot.  Unconfirmed reports say as many as 350-thousand U.S. citizens live in Brazil.

The capitol of the evil British empire (and mortal enemy of the United States) United Kingdom might be the third destination spot for ‘Americans’:  The 2001 U.K. census puts U.S. citizens at 158,434.

Israel and Italy are challenging United Kingdom’s number three spot. Israel claims 185-thousand U.S. citizens, while Italy claims as many as 200-thousand.

Unfortunately there are no hard and fast numbers, as each country conducts census surveys on their own terms, and even the U.S. government keeps lousy track of U.S. citizens living abroad.  But no country can come close to Mexico’s one million U.S. citizens! Heck, even ex-Navy SEAL, action movie actor and former governor of Minnesota, Jesse Ventura, now calls his Mexican home his “government in exile”!

Probably the best source for tracking ‘Americans’ living abroad is the U.S. Internal Revenue Service (IRS), due to Congress passing draconian tax laws against U.S. citizens living abroad.

Thanks to the  FBAR (Foreign Bank Account Report) and FATCA (Foreign Asset Tax Compliance Act) the IRS has stolen $55-billion from ‘Americans’ living abroad.

In fact, ever since 1996 the IRS has issued quarterly reports (through the Federal Register) revealing those ‘Americans’ who officially reject their citizenship (officially called expatriation), and 2014 is going to be another record year.  I counted the names on the latest report and counted about 1-thousand rejected their citizenship during the months of  January to March.  Compare that to the same time in 2013 when about 670 rejected their citizenship.  If the trend continues, say 1-thousand every quarter for 2014, then you could estimate that 4-thousand ‘Americans’ will reject their citizenship.  Now compare that to all of 2013 when about 3-thousand ‘Americans’ rejected their U.S. citizenship (which was a record year as well).

U.S. citizens fleeing to Canada!  

the unemployed are leaving…….where are they going? 

 

Record number of ‘mericans renounce U.S. citizenship in 2013!

Business/Economics, Idaho

U.S. job losses & store closings 22 – 24 February 2014: Massive ObamaCare shutdown in idaho! Pets being thrown out? No more Outback? Where’s the California beef? More city officials killing jobs!

Incomplete list of announced closings & layoffs.

Outback Steakhouse began shutting down 22 Aussie style restaurants across the U.S.A.  The restaurants to be shuttered are in Arizona, Iowa, South Carolina, New York, Tennessee and Kansas.   Bloomin’ Brands is also closing restaurants under the names of Carrabba’s Italian Grill, Bonefish Grill, Fleming’s Prime Steakhouse and Wine Bar, and Roy’s.  Bloomin’ Brands officials say the shutdowns are just for the first quarter of 2014, more could follow.

California: Who said there ain’t no inflation? In Brawley, Kansas based National Beef shutting down a major meat packing plant in April. 1300 jobs lost!  Company officials blame the crashing supply of cows for driving up their costs (supply vs demand).  Cattle ranchers blame the decline in cow numbers on the long term drought.  Tax sucker PAE Applied Technologies killed 12 military jobs at China Lake and Point Mugu.

Idaho:  In Boise, Obama Care call center operator Maximus announced it will kill 1600 jobs by the end of April!  Retail businesses located around the call center say they will be directly impacted.  Employees are suing because they have not been paid for overtime that they’ve worked, and they were told the jobs were permanent full time positions.  Company officials now say the positions were officially temporary!  Company officials directly blame Obama Care: “The reduction in staffing is based on the nature of the contract and the reduced volume of calls, both of which are directly related to the enrollment period under the Affordable Care Act.”

Indiana:In Muncie, after 60 years Camp Isanogel shutting down.  The operators say maintenance costs keep going up, while revenues keep going down.  They admitted they’ve lost money for years.

Michigan: In Green Oak Township, Liquid Manufacturing shutdown.   The property was auctioned off for $3.25-million.  More than 200 jobs lost!  The Township is still owed more than $620-thousand in unpaid taxes and utilities.

New Jersey: Gillian’s Funland of Sea Isle City shutdown.  The owner blames Hurricane Sandy, from which he never recovered.  He spent $2.5-million building the amusement park, and Mother Nature took it away.

New York:  Poughkeepsie city officials warned of at least 25 job cuts.  The city is struggling with 300 abandoned properties, crashing tax revenues, crashing property sales, all putting the city in $3.6-million USD of debt.  On top of that, major local employer IBM has been killing jobs, and rumors say IBM is about to bring the hammer down.  In Rochester, after only three years God refused to stop the shutdown of The Generosity Store.  Profits from the store went to support the School of the Holy Childhood.  In Pittsford, the Life is Good store shutdown.  Apparently Life bitch slapped the owners to let them know that Life is not always good.  In Potsdam the supporter of unwanted animals, the Best Friends thrift store, shutting down after only three years of operations.  Apparently unwanted pets have no best friends in Potsdam?  The owners claim the store is able to support the local Humane Society, but the owners say they have better things to do.  They’ve come up with a plan to have the store run by unpaid volunteers, but admit “The bottom line is money, and we need it.”  In Watertown, after 12 years the Brew Ha Ha coffee house shutdown.  The owner is also a city council member, and she says she needs to spend more time taking care of the city.  At the Westchester County airport, baggage contractor Ground Handling shutting down by May.  128 jobs lost!  They lost their contract.

North Carolina: Legal drugs pusher Purdue Pharmaceuticals laid off six employees at its Wilson Park operations.  Company officials said the layoffs are part of their restructuring to become more efficient.

Oregon: Lebanon city officials eliminating ten positions.  The city is suffering from crashing tax revenues, and is trying to save $1-million.  Also, an independent audit revealed the city was using the general fund to pay some employees, which resulted in at least $200-thousand being taken from the general fund inappropriately.  City officials now realize their yearly budgeting has not been in line with the realities of declining tax revenues and actual costs of maintaining a city.

Pennsylvania: In Lower Saucon Township, the Starters Pub shutdown.  Local news reports say it was without warning or explanation.

Virginia: Capital Bagel Bakery store shutdown. The operators blame the property owners: “We were given one month notice to vacate the space due to the landlord’s consideration of Fresh Mart, since they’re carrying bagels as well.” 

Washington: In Sodo, Sears announced it will shutdown their Starbucks Center store and Auto Center operations by summer, 79 jobs lost.

21 February 2014: More greedy property owners!

The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shut down.

“Our ideals and principles, as well as our national security……..That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013

Business/Economics, Idaho

More Economic Decline: Coldwater Creek announces 400+ layoffs in Idaho!

01 June 2014 (21:48 UTC-07 Tango 31 May 2014)/02 Sha’ban 1435/11 Khordad 1393/04 Geng Wu 4712

Idaho based women’s clothing seller Coldwater Creek not only went chapter 11 bankrupt busted back on 11 April 2014, but they notified the Idaho Department of Labor that they will kill 443 jobs on 11 June 2014!

Those 443 jobs are in Sandpoint and Coeur d’Alene.  This is proof the company is shutting down altogether.  The majority of Coldwater Creek stores are in California and Texas.  Once all U.S. stores are closed there will be an additional 6-thousand people unemployed in the United States.

Coldwater Creek now busted!