Category Archives: International

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

What Economic Recovery? IMF says world economy to suck for at least 10 more years, says recovery relies on Japan & China! Inflation must take place!

“…it will surely take at least a decade from the beginning of the crisis for the world economy to get back to decent shape.”-Olivier Blanchard, IMF Chief Economist

“The current status of the economy and the global economy needs both Japan and China fully engaged.”-Christine Lagarde, IMF Managing Director

Officials with the International Monetary Fund (IMF) are making some very concerning statements.

While the U.S. main stream media seems focused on the economic disaster unfolding in Europe, the IMF says look to Asia.  Maybe that’s because it’s looking more and more like the IMF policies in Europe are failing big time.

In fact, on 04 October 2012, the IMF just warned the European Union to get its rear in gear: “No one has the luxury of time, this is really urgent!”-Christine Lagarde, IMF Managing Director

Despite the urgent call to action by the IMF, some European leaders say the U.S. based IMF is actually delaying action: “There are circles, by which I mean the IMF, who are pressing for a delay until after the U.S. election in November…”-Dimitris Hadzisokratous, Democratic Left, one of three political parties running the Greek government

What about China and Japan? The IMF seems to think the two countries are the Holy Grail in saving the World economy.  There are major problems with that!

Japan’s economy is in the toilet!  Japanese factories have been laying people off, and offshoring what ever they can. Japan is in bigger debt than any European country (yet where’s the U.S. media coverage).

China is no longer the economic wunderkind it was just a few years ago.  GDP growth is dropping.  The Asia Development Bank (ADB) predicts it’ll drop almost two percentages, from 9.3% in 2011 to 7.7% for 2012, and even lower after that: “The years of two digit growth in Asia are coming to an end!”-Changyong Rhee, ADB chief economist

And why is the economy in China going down?  Firstly the Chinese government imposed economic restrictions in the hopes of holding off inflation.  But here’s the big reason; orders from Europe and the United States are way down.

Some of those orders are down because of the bad economies in Europe and the U.S., but also because of protectionist policies.

Many European countries have banned specific products made in China, and  U.S. President Barack Obama imposed ridiculous tariffs on Chinese made solar power products (that move also killed the Hoku polysilicon factory in southeastern Idaho, that was hoped to provide hundreds of good paying jobs.  smooth move exlax!).

The IMF is also expecting the cash flushed Chinese banks to help bailout Europe!  Can you believe that?  The Europeans are screwing over Chinese businesses and then the IMF expects the Chinese to help bail out the Europeans?

As expected the Chinese banks said hell no! Several major Chinese banks have cancelled their plans to attend the largest ever IMF/World Bank meeting, to be held in Tokyo, Japan, next week!

But get this, IMF chief economist, Olivier Blanchard, told Hungarian media that Japan would take decades to get its debt problems straightened out, and that the United States has become a financial deadweight:  “It remains the case that, in a number of advanced countries, notably the U.S., a return to full health requires replacing some of the domestic demand that fueled growth before the crisis by external demand. But, the arithmetic is again unforgiving here.”

Blanchard also said inflation was “…necessary and desirable…”

So, in a round-a-bout way officials with the IMF are expecting any World economic recovery to be messy (are they expecting World War 3?), and they’re placing their bets on China and Japan (two countries on the verge of war with each other over some tiny barren islands)!

Like the Colonial Marine, Hudson, said in the kick ass 1986 movie Aliens: “Oh dear lord Jesus, this ain’t happening, man… This can’t be happening, man!”

International, U.S.

World War 3: NATO member Turkey attacked, launches attack on Syria! Emergency NATO summit convened!

“In the spirit of indivisibility of security and solidarity deriving from the Washington Treaty, the Alliance continues to stand by Turkey…”-NATO statement

04 October 2012, Turkey continues artillery attacks on Syrian towns, after a mortar attack killed five, and wounded 10 people in Turkey on 03 October.

Several Syrian soldiers have been killed by the Turkish attacks.

Syrian officials have offered condolences to the families of those killed in Turkey, and vowed to find out who launched the mortar attack.

Turkey has protested to the United Nations Security Council (UNSC), and an emergency meeting of the North Atlantic Treaty Organization (NATO, not affiliated with United Nations) is being held.

 

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

What Economic Recovery? Hewlett Packard boss to reveal her secret plans!

“I believe in creative destruction.”-Meg Whitman, CEO Hewlett Packard

“It’s staggering, this is now the cheapest big stock in the last 25 years. That reflects an industry belief that the company is going to decline.”-A. M. Sacconaghi, Bernstein Research

According to a New York Times article, Meg Whitman will reveal her tactical plans for rejuvenating Hewlett Packard (HP) on Wednesday, 03 October 2012.

HP employes thousands of people in the United States (Boise, Idaho. Houston, Texas. Costa Rica), but those jobs have been disappearing, and under Whitman’s plans could be reduced even more. She wants to continue HP’s spread across the world, already HP has at least 60,000 employees in India alone!

Whitman says she hopes to get her changes completed within four years.  But one thing’s for sure, HP has got to stop buying up losing companies: Just last year HP spent $10 billion USD buying a company called Autonomy.

Here’s a good thing about Whitman, she hates bureaucracy.  The first thing she did at HP was to consolidate and trim the upper management.

On 03 October we’ll find out just how much more trimming she’ll do to the rest of the company.

 

 

International, U.S.

Government Incompetence & World War 3: Obama returns combat troops to Iraq!

“At the request of the Iraqi government, according to General Caslen, a unit of Army Special Operations soldiers was recently deployed to Iraq…”-New York Times, 24 September 2012

According to a New York Times article, President Barack Obama has sent Special Forces troops back into Iraq!

The revelation is buried fifteen paragraphs into the article: “Iraq and the United States are negotiating an agreement that could result in the return of small units of American soldiers to Iraq…”

The article is basically about how the U.S. instigated civil war in Syria is spilling into Iraq, making things so bad that U.S. combat troops are being sent back in (hey, sounds like history repeating itself, just ask historians about the British Empire’s failed attempts at controlling Iraq prior to World War 2).

 

 

 

 

 

 

International, U.S.

World War 3: U.S. occupation of Afghanistan; 28 – 30 September 2012. Afghan troops do battle with NATO troops! More drone strikes! USMC General ‘mad as hell’!

30 September 2012

In Maidan Wardak Province, there is a report that NATO called in a U.S. drone strike, which killed four civilians and wounded several others.  It could be vengeance for yesterday’s Green on Blue attack.

In Nangarhar Province,  four people killed, three wounded, after a motorcycle bomb exploded near a Mosque.

The National Coalition of Afghanistan announced they were opposed to any planned military pact between Afghanistan and Pakistan.

29 September 2012

In Maidan Wardak Province, the provincial governor reporting that Afghan National Army (ANA) troops have attacked NATO occupation forces!  So far three ANA troops have been killed. ISAF said: “An International Security Assistance Force service member and an ISAF civilian contractor died following a suspected insider attack in eastern Afghanistan…”

The Department of Defense has revealed that the number of U.S. personnel killed in Afghanistan since the invasion, has reached 2,000.

Ignorant U.S. Marine Corps General, John Allen, had this to say: “I’m mad as hell about them, to be honest with you. We’re willing to sacrifice a lot for this campaign, but we’re not willing to be murdered for it.”

Numb nuts U.S. Defense Secretary, Leon Panetta, said this: “I expect that there will be more of these high profile attacks and that the enemy will do whatever they can to try and break our will using this kind of tactic.”

Hello! It’s called War; you invaded them, they are defending their territory which is their legal right under international law.  And by the way, the people of Afghanistan had nothing to do with 11 September 2011!!!

In Herat Province, two cops were killed, and two wounded, after they drove over a mine. Also, four people were killed by U.S. led airstrike.

The Afghan Interior Ministry announced that at least 20 Mujahideen were killed, and 21 captured in battles in the provinces of Kabul, Kandahar, Zabul, Uruzgan, Logar, Ghazni, Khost, Paktika, Paktiya and Helmand.

In Kunar province, three people were killed by U.S. airstrike.

In Helmand Province, 12 people were killed by two U.S. led airstrikes.

28 September 2012

In Farah Province, Mujahideen claim they killed seven U.S. personnel after the huge mine they planted exploded when a U.S./NATO armored vehicle drove over it.

In Helmand Province, a U.S./NATO armored fighting vehicle (AFV) ran over a woman and her child. The father, mother and their son were riding a motorcycle when they were hit by the AFV.  The boy was killed, his mother wounded.  Witnesses say a policeman at an intersection waved the family on, but the AFV did not stop.

 

International, U.S.

World War 3: U.S. occupation of Afghanistan; 24 – 27 September 2012. Is Mother Nature to blame for school poisonings? Boy said he was going to blow himself up ’cause the U.S. killed his parents! Video shows Mujahideen wearing new issue U.S. uniforms!

27 September 2012

Despite threats of war with Pakistan, Afghan President Hamid Karzai and President of Pakistan Asif Ali Zardari, agreed to come up with a long term military pact.  They hope to come up with an agreement by the end of 2013, and the United Kingdom said they will support it.

26 September 2012

In Kabul Province, at least 16 schoolgirls were poisoned.   They were treated at a hospital in Kabul city.  Afghan health officials are investigating, and have now admitted that some of the past school poisonings could have been due to environmental factors and not terrorism!

ISAF said: “Two International Security Assistance Force service members died following an insurgent attack in eastern Afghanistan today.”

In Logar Province, a U.S./NATO military convoy was attacked by a suicide bomber driving a car packed with explosives.  Mujahideen claim seven people killed, five wounded.  Mujahideen also claim three armored vehicles destroyed.

25 September 2012

In Ghazni Province, police arrested a religious leader for ordering the whipping of a 15 years old girl.  Government officials say the girl was whipped for having an illicit relationship with a boy.  The boy was fined.

In Herat Province, people are protesting the continued arbitrary arresting of civilians by U.S. forces.  Protests were held in the city of Herat.

In Helmand Province, a 12 years old boy surrendered himself to police. He told police that at first he wanted to be a suicide bomber to avenge the death of his entire family at the hands of U.S./NATO. He said Mujahideen encouraged him and gave him a suicide vest bomb, but he chickened out.

In Kabul Province, a hand grenade was thrown into a market. At least six people wounded. Local police say it might be connected to the assassination of the owner of the market a month ago.

In Badakhshan Province, hundreds of people protested the U.S. anti-Islam movie, and French anti-Islam comics.  They demand the Afghan government end all ties to the United States.

Two U.S. Marines are to face criminal charges for urinating on the bodies of dead Afghans, according to the USMC.

24 September 2012

The Afghan Interior Ministry says government forces have killed 39, wounded five and captured 72 Mujahideen in battles in the provinces of Kandahar, Helmand, Zabul, Wardak, Ghazni, Ghor, Nimruz, Nangarhar, and Baghlan.  Only two government forces were killed, 12 wounded.

Mujahideen have released a video of reading of wills and an English explaination for the attack on Camp Bastion.  They are wearing current issue U.S. uniforms.

“On the 14th of the current month at around 10:00 pm at night, a successful operation was carried out by 15 courageous martyrdom seeking Mujahideen of Islamic Emirate on the second largest enemy base in southern Afghanistan (Camp Bastion/Leatherneck) which resulted in the death of 47 invaders while more than 34 others were wounded.  Besides the heavy human toll, more than 11 enemy Harrier Jets and helicopters were also eliminated as well as a several fuel reserves and aircraft hangers completely destroyed.”

This statement from Mujahideen comes at the same time ISAF restated that Mujahideen attacks are down from last year!

International, U.S.

Government Incompetence & World War 3: More blowback, man who helped the West assasinate Gaddafi is tortured to death!

26 September 2012, almost one year after Libya’s Muammar Gaddafi was captured then tortured to death live via cell phone video, one of the men (supported by the United States and European countries) responsible has himself been tortured to death!

The man, known as Omran Sha’aban, was captured by Gaddafi loyalists in July 2012, along with 22 other people.  He was tortured, then shot in the stomach and neck (similar to what happened to Gaddafi).  He was then released still alive.  U.S. puppet leaders then sent him to a hospital in France, where he died.

This is proof the U.S. and Europe have not succeed in taking over Libya, the war is still on!

 

Business/Economics, International, U.S.

What Economic Recovery? Mitt Romney’s Staples to close 75 stores! Downsize 30 more!

26 September 2012, Staples, considered an example of success for vulture capitalist Bain Capital (Mitt Romney sat on Staples’ board of directors for more than a decade), is in big trouble.

On 25 September, officials with Staples announced they will close down 75 stores worldwide (at least 30 in the United States with 15 of those being accelerated closings, 45 stores and delivery businesses in Europe).  Staples will also downsize/relocate another 30 stores in the U.S.

Will the Pocatello, Idaho, Staples make the new closings hit list?

Common sense tells you that means more job losses, even though company officials are claiming that won’t happen.

Sales at Staples are crashing, especially for computers.  Company officials say they are shifting to more internet based business.

For the quarter ended July 2012 Staples reported an overall 6% decrease in sales, compared to the same time in 2011: “Our second quarter results fell short of our expectations due to softer than expected sales trends in North America and ongoing weakness in Europe and Australia.”-Ron Sargent, CEO

In North America sales decreased 3%, but around the world Staples saw a 10% decrease!

Staples has also revised its future sales outlook downward, and is expecting hundreds of millions of U.S. dollars in costs just to close down all those stores!

Mitt Romney, and others with Bain Capital, once called Staples their prime example of success.  Here’s just a sampling of other companies that Bain Capital is involved with: AMC Entertainment, Aspen Education Group, Brookstone, Burger King, Burlington Coat Factory, Clear Channel Communications, Domino’s Pizza, DoubleClick, Dunkin’ Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), Sealy, The Sports Authority, Toys “R” Us, Warner Music Group and The Weather Channel.

Once you start investigating all the companies that Bain Capital is involved with, or affiliated with, it becomes clear that it is unAmerican Corporate America’s vulture (venture) capitalist investment companies that are killing our economy.

And Mitt Romney says as President of the United States he’ll do for the country what he did for Corporate America!

International, U.S.

Christian Crimes: Church leaders ripped off their own charities! 9/11 charity scam, Katrina charity scam, tax evasion in the tens of millions of dollars!

“Not only was this (nonprofit) plundered to fund the operating deficits of the church, the amounts were spent on personal items of the pastor’s family, and thus were items of taxable income.”-Bruce Kowal, former accountant for Reverend Carl Keyes

“If the New York attorney general were to ever find out, then goodness knows the kind of trouble you and the church could be in, never mind the IRS or the feds!”-David Cushworth, former accountant for Reverend Carl Keyes

25 September 2012, ongoing reports by the Associated Press (AP) proves that you can’t trust church leaders.

The AP report says that Reverend Carl Keyes got hundreds of millions of dollars in donations for charities related to 9/11, Hurricane Katrina and other disasters, as well as international charities (Urban Life Ministries, Aid for the World and many others that aren’t even registered with the proper authorities).

He used much of the money to fund his Manhattan church (eventually sold off to his benefit), pay his own personal debts, buy a $950,000 USD house in New Jersey, and even pay for his son’s college education.  He also failed to report donations used for personal expenses to state and federal tax collectors.

His own accountants resigned in protest.

Of course the christian leader denies everything: “Sorry that you don’t have a real ‘story’ here, but the truth is actually quite boring since no one did anything wrong.”-Jennifer Polovetsky, attorney for Reverend Carl Keyes