Category Archives: International

Business/Economics, International, U.S.

Global Economic War: Evil buck passing United States blames evil Europe for world economic problems, but it’s the average Joe & Jone who’s going to pay

“Seventy-five percent of the dark things happening in the world economy are because of the eurozone.”-Timothy Geithner, U.S. Department of Treasury

September 9, U.S. Treasury Secretary Timothy Geithner blamed the European Union for U.S. economic failures!

Geithner made the comments at a G7 meeting in France.  He says EU countries need to make even harsher cuts, and raise even more taxes, in order to solve their debt crisis.  Going by his statements, can you guess what’s coming for the people of the United States?

 

 

International, U.S.

World War 3: Palestinian President says U.S. financial aid no longer important

“We will go to the UN to obtain international recognition for the state of Palestine, despite the obstacles and dangers, including U.S. threats to halt $470 million in annual assistance.”-Mahmoud Abbas, Acting Palestinian Authority (PA) Chief

Recently the United States said it would cut off aid (aid which is directly controlled by the Israelis) if Palestinians sought a United Nations vote on statehood.

More than 100 countries have so far officially recognized Palestine as a sovereign state based on the 1967 borders, the boundaries that existed before Israel militarily annexed East al-Quds (Jerusalem), the West Bank and the Gaza Strip.

The Palestinian Authority has declared September 20 as the date when it would apply for United Nations recognition of Palestine as an independent state.

Business/Economics, International

Typical evil British hypocrisy: Documents reveal Gaddafi was encouraged to buy more British weapons right before the foreign backed uprisings

“Following the great success of the Libdex 2010 show we would like to invite yourself and relevant members of your staff to travel to the UK and visit Manroy Engineering so that we can demonstrate to yourself and your staff our products. This will include the full range of sniper weapons that were on show at the Libdex Show along with our other products that include our range of UK MOD machine guns.”-captured British embassy document

The British Sunday telegraph reveals documents, recovered by the media from the abandoned British embassy in Tripoli, that show the U.K. government pushed hard to get the Libyan government to buy more British made weapons, right before the foreign backed uprisings began.

The British guns were used weeks later by Libyan government forces to kill Libyan rebels.

The new revelation, shows the amount of collaboration between the United Kingdom and Gaddafi.  In fact, the two British companies, Accuracy International and Manroy Engineering, defend their sales of weapons to Gaddafi, insisting Libya/Gaddafi was a favored regime with the United Kingdom, and former Prime Minister Tony Blair personally went to Libya to make the military sales!

Britain is one of the countries that are supporting the Libyan rebels.

International, U.S.

World War 3: Jordanians demand Israeli embassy be closed down

“The government should take a fast step in removing the Israeli embassy from Amman in light of continued Zionist violations against the sovereignty and interests of Jordan.”-Islamic Action Front (IAF)

Jordanians praised the protests by the Egyptians against the Israeli embassy in  Cairo.

Many Arabs, and Muslims, compare the storming of the Israeli embassy in Egypt with the takeover of the U.S. embassy in Tehran following Iran’s Islamic Revolution of 1979.

Business/Economics, International, U.S.

What Economic Recovery? Respected U.S. Economist says deeper recession coming, Australia no longer safest place to be

“We predicted this (current) downturn in the U.S. 20 years ago.”-Harry S. Dent Jr

September 11, U.S. economist Harry S. Dent Jr is predicting a second, deeper downturn between the beginning and the middle of next year.

Dent says the downturn will start in Europe, spread to the United States, China and eventually Australia.  He says Australia might not be the safest place to be: “Australia is probably the best place in the world to survive this, but we do think Australia will not escape as well as it did from the last crisis (in 2008).”

Dent says there are still ‘bubbles’ that need to burst.  He believes gold and silver prices are overrated, and there are still housing bubbles around the world, like in Australia, Japan and China, that need to burst.  The housing bubble that burst in the U.S. still hasn’t fully deflated.

Dent is in Australia to promote his book, The Great Crash Ahead – How to Prosper in the Debt Crisis of 2010-2012.


Business/Economics, International, Technology

Corporate Incompetence: Home juicing machines & soy milking machines contain carcinogens

A report out of China says that home juicing machines, and soybean milking machines, are being manufactured with lubricants that are known to cause cancer.

Inspectors working for the Germany company Fuchs Petrolub, discovered the malpractice: “Manufacturers of soybean milk machines, including Joyoung and Midea, are well aware that the lubricant for production is for industrial use.  It is only during product examinations from outside agencies that they purchase lubricant for food.”

Products intended for food production should use food grade lubricants, but it was revealed that the home juicing machines were put together using standard industrial grade lubricants.

However, there is apparently no law in China requiring the use of food grade lubricants for food production machines.  Staff with Fuchs Petrolub say the Chinese companies use industrial grade lubricants, for food machines, because they’re cheaper.

 

 

Business/Economics, International, Technology

Global Economic War: China accuses Europe & Japan of dumping steel products

The Chinese Ministry of Commerce is investigating claims that Europe and Japan are dumping steel tubes in China.

“Dumping can force established domestic producers out of a market and lead to monopolistic positions by the exporting nation.”-Wikipedia

China will look into the matter of “certain high-performance stainless steel seamless tubes” and calculate the loss suffered by domestic companies.

Business/Economics, International, U.S.

Global Economic War: Nike rips off Chinese customers, sells them downgraded shoes at higher prices than in the United States

Nike has admitted to false advertising in China.  This after a Chinese customer, who just happens to be a counterfeit products investigator, discovered that Nike was selling downgraded versions of their Nike Zoom Hyperdunk 2011.

The shoe sells in the United States for around $125.00, and has two air cushions in each shoe.  According to the Chinese man who filed the complaint against Nike, the Chinese versions sell for $78.00 more than the U.S. version, and have only one air cushion per shoe.

International, U.S.

More evil in the U.S. War on Terror: British Man cleared by Bush Jr still detained and tortured at GITMO

“Inhumane treatment is taking place at the hospital among other areas, especially affecting the sick and those who are on (hunger) strike and our deprivation of real treatment, health, diet and appropriate clothing which are not provided to us, nor we are allowed to provide them for ourselves.”-Shaker Aamer, statement obtained by BBC Radio 5 live’s Victoria Derbyshire program

Shaker Aamer, a resident of the United Kingdom, was sent to Guantanamo Bay (GITMO) prison in 2002.  In 2007, U.S. President George W. Bush admitted there was no evidence against Aamer, and cleared him for release.  September 10, 2011, Aamer is still being held at GITMO!!!

Aamer has a wife and two children waiting for him in London.

Business/Economics, International, U.S.

What Economic Recovery? Bank of America announces more layoffs, 40,000+

“You’re definitely going to see decreased service levels for consumers. They’re talking about either closing branches or reducing the head count in the branches.”-Christopher Whalen, Institutional Risk Analytics.

The largest bank in the United States will make it official, they will layoff 40,000 or more employees, over the next couple of years.  The official announcement is expected to take place on September 12.

Bank of America is struggling with the slow U.S. economy, and major lawsuits, including a lawsuit by the Federal government, relating to dodgy mortgage-backed securities issued by its subsidiaries, Countrywide Financial and Merrill Lynch.

B of A claims it lost $9 billion during the second quarter of this year, and is selling half of its stock in the China Construction Bank to raise about $8.3 billion in cash.