Category Archives: U.S.

Business/Economics, International, U.S.

What Economic Recovery? Russia says the United States is to blame, Putin calls the U.S. a parasite, the world should stop using the U.S. dollar

“The country is living in debt. It is not living within its means, shifting the weight of responsibility on other countries and in a way acting as a parasite.”-Vladimir Putin, Russian Prime Minister

Russia says the United States is dragging the world down with it, because of its control over the world finance system, and because most of the world uses the U.S. dollar as a reserve currency.

If the U.S. dollar continues to lose value then it can bring down international trade.  Russia, and other countries like China, are pushing for a new form of reserve currency.


Business/Economics, International, U.S.

What Economic Recovery? PMI data around the world down, huge drop in the United States

PMI (purchase managers’ indexes) data from countries around the world continue to fall.  The data is an indication of domestic economic strength based on domestic manufacturing purchases/production.

A rating above 50 is considered a good sign, below 50 is bad.  Many countries are stagnating around 50 right now.

Russia reports a PMI of 49.8, the worst since December 2009.  It’s the second decrease for Russia in three months.

Economists were surprised by the big drop for the United States.  In June the U.S. PMI was 55.3.  Economists expected a drop to 54.6 in July, but the July PMI actually dropped to 50.9.  The huge 5 point drop for the U.S. is being blamed on lack of consumer demand.

Hungary’s PMI dropped from 55.1 in June, to 52.2 July.  The Czech PMI fell to 53.4 in July.

In the United Kingdom it dropped from 51.4 in June to 49.1 in July: “The manufacturing PMI data was a really unpleasant surprise and suggests that the economic weakness in the U.K. is here to stay.”-Valentin Marinov, Citigroup

In the economic powerhouse of Europe, Germany saw a decrease in PMI from 54.6 in June, to 52 in July.  Surprisingly Poland is reporting a small increase, to 52.9.

The main reasons for the lackluster global PMI numbers is inflation in prices,  and reduced consumer demand.  Decreased consumer demand is being exacerbated by increased unemployment around the world.

Business/Economics, Opinion, U.S.

U.S. government debt limit increase will NOT save economy, will only provide corporations will cheap loans, perpetuate downward spiral

Claims by the main stream media, and politicians at the Federal level, that raising the government debt limit is necessary to save the economy, is a lie.

We’re being told that people will lose jobs.  People ARE losing jobs.  Since the beginning of the year dozens of companies have announced job layoffs.  The latest is British company HSBC, which says it will layoff 25,000 employees around the world, by 2013.  Raising the U.S. government debt limit will not stop that.

By raising the debt limit, the U.S. Treasury can issue more bonds (which means taking on more loans/debt).  The Treasury can then loan that money at ridiculously cheap rates to U.S. corporations.  Those corporations are not using that money to hire more people, they’re using it to pay their own debts!

We’re also being told that without a debt limit increase interest rates on our loans will go up.  So what!  Many of us little people lost our credit back in 2007/2008!  Many of us little people that still have credit saw our rates skyrocket already!  What our leaders really mean is that U.S. corporations, and the government, will finally have to pay higher rates on their loans!

The latest reports are that the debt limit increase will come with the slashing of $2.1 trillion in government spending.  That can only happen with thousands of government employee layoffs!  So how does raising the debt limit prevent job layoffs?

A debt limit increase will not stop cuts to government programs!  We’ve already seen huge cuts to social programs, and we’re going to see more cuts to government services, because you can’t cut $2.1 trillion in spending without drastically cutting funding for programs!

And don’t think you’re not going to be paying more taxes.  It’s the only way the government can pay down its increasing debt.  But our leaders are ignorant of the fact that as more people lose their jobs, that’s less people that can pay the higher taxes!

The bottom line is that a debt increase will not save the economy.  We are seeing people continue to lose jobs, and it’s clear that people will continue to lose jobs even with a debt limit increase.  There can be no economic recovery with such huge and continuing job loses!   We’re just picking up speed in our economic downward spiral.

 

 

International, U.S.

Got Swine Flu? You may become Super Immune to other diseases. Vaccines to be replaced by F16 antibodies?

A study published by Science Express, says researchers think the F16 antibody could be the cure for most influenza type A infections.

The Medical Research Council’s National Institute for Medical Research looked at more than 100,000 samples of immune cells from people who had the flu, or flu vaccines. They noticed the F16 antibody, a protein called haemagglutinin, swarmed the surfaces of all influenza A viruses.

The scientists then injected H1N1 (swine flu) infected mice with haemagglutinin.  The result was “full protection” in the mice from the effects of H1N1.

Injection of the F16 antibody is not the same as a vaccination.  More research is being done into the feasibility of using F16 injections to fight infections.

Idaho, International, U.S.

Dengue & West Nile influenced by temperature changes, flooding

“Traditional explanations for the seasonal increase in dengue are not consistent with my experience in Thailand, Peru, and Puerto Rico.”-Doctor Thomas Scott

A recent study shows that long hot seasonal temperatures help the spread of Dengue.  The areas of the world, where Dengue is becoming more prevalent, are areas that are not cooling off as they used to, and are subject to radical swings in warmer temps.

The study, “Impact of Daily Temperature Fluctuations on Dengue Virus Transmission by Aedes aegypti”, shows that without the usual cold seasons the mosquitoes, that spread the disease, stay alive much longer increasing their chances of catching Dengue from humans, and spreading it.

The study also showed that mosquitoes are less likely to spread disease during cooler temperatures, and more likely during hot weather: “…whereas transmission probability is estimated to be 0.11 at a constant mean temperature of 14 °C, it shows a 2.7-fold increase with a DTR [diurnal temperature range] of 20 °C.”

While many parts of the World are experiencing warmer than normal weather, here in Idaho our weather is much cooler than normal.  That is keeping cases of West Nile virus way down, so far.

The big concern in Idaho is protecting horses.  Horses are more susceptible to dieing from West Nile, than humans.

Local mosquito eradication officials are reporting that, so far, there’s a drop in West Nile infected mosquitoes, possibly due to the cooler weather.  However, they pointed out that mosquitoes with West Nile usually show up in the later half of Idaho summers.

Another factor in favor of mosquitoes is flooding.  Parts of Idaho have been hit with increased seasonal flooding, and the cooler weather (resulting in less evaporation) means there are large areas of standing water, perfect for mosquitoes.

Officials are already taking action by spraying insecticides on ponds, and asking property owners to drain standing water.

The Center for Disease Control and Prevention reports that Idaho, Oregon and Washington state are free of any West Nile cases (as of 26 July 2011).  It could be due to the cooler than normal weather.

The CDC reports human cases of West Nile in the following U.S. states: Arizona, California, Georgia, Mississippi, South Dakota, Texas, Virginia, and Wyoming.

According to the most recent CDC Dengue HealthMap, there are no cases of domestically acquired Dengue fever within the United States.

Business/Economics, Opinion, U.S.

What Economic Recovery? U.S. GDP continues to stagnate, leaders continue to sell it as “growth”

U.S. GDP for the second quarter of 2011 is stagnating at 1.3%.   U.S. leaders and main stream media continue to call it “growth”.  What’s really sad is that the “experts” expected the GDP to be higher.

On top of that, the first quarter results were revised, no surprise, downward from 1.9% to 0.4%!  It’s amazing how for the past few years economic reports have been revised downward a month or more after they’ve been released.  So is the second quarter GDP of 1.3% going to be revised downward?  I wouldn’t be surprised if it’s revised downward to a negative percent.

 

 

Business/Economics, International, U.S.

No Economic Recovery for U.S.: Property owners put U.S. land up for auction in China, offers immigrant applications to high bidders

According to the Chinese media, 73 Chinese have won internet auctions for land in Florida.

United Solutions of America auctioned off land belonging to a bankrupt company in Florida.  The auction specifically targeted Chinese buyers, as it was a Chinese auction host, Zhuang Nuo, who ran the auction.

1,000 square kilometers of land was split into 100 sections.  Bidders were also enticed with 30 immigration applications if the total bids went over $200,000.

All 100 sections sold on July 22.  73 Chinese won the auctions, with one of them snatching up 20 of the 100 sections.

 

Business/Economics, International, U.S.

No Economic Recovery for U.S.: Nissan boosting production…in China

Nissan is going to invest $7.7 billion into the world’s largest car market…no not the United States…China!

Nissan entered into a joint venture with China’s Dongfeng Motor, and together they’re investing billions to boost car production in China.  They expect to produce 2.3 million vehicles per year by 2015.

Nissan’s U.S. sales mirror that of Toyota, up at the beginning of the year, but down by the end of May.

 

 

 

Business/Economics, International, U.S.

No Economic Recovery for U.S.: Toyota doubles production…in India

Toyota announced that demand is up so much that they’re doubling production…in India.

Toyota will invest $220 million into its Indian operations, with the goal of increasing production to 310,000 vehicles per year by 2013.  Toyota added that it’s all types of vehicles that are enjoying increased demands, from economy cars to SUVs and mini vans.

India is one of the fastest growing car markets, last year overall sales grew by 34%.  Toyota admitted that it does not expect high sales in Japan, and sales in the U.S. are not good.

For the United States Toyota has reported some confusing sales numbers.  At the beginning of 2011 they reported an increase in sales, yet as of the end of May, Toyota says U.S. sales dropped by 27.9%.  That’s based on “daily sales rate (DSR) basis”, when you look at their raw volume it gets worse, sales down 33.4%.

How about Toyota’s divisions?  Lexus reported a drop of 46.3%, and TMS Hybrids sales dropped 49.2%.

Of course Toyota officials blame the March 11 disasters in Japan for causing part of the sales decrease, by interrupting the production of  parts.  But, I remember reading an article that said there were already dockyards full of Toyotas, both in Japan and the U.S., because there was a lack of orders from U.S. dealers.

 

 

Business/Economics, International, U.S.

Will spread of Radiation topple Japan’s longest life expectancy claim? Forget Obama Care, U.S. life expectancy keeps dropping

The latest results of life expectancy around the world, puts Japan in number one spot for the 26th year in a row, at least for Japanese women.  Women in Japan average 86.39 years.  Japanese men hold the number four spot at 79.64 years.

Hong Kong women are in second place, while men in Hong Kong take first place.  Men from Switzerland hold second place.  Women from France hold third place, while men from Israel hold third in their category.  Women from Spain hold fourth place.

Where does the United States rank?  Despite spending the most money on health care, of any other country, life expectancy continues to drop.  Last year the U.S. ranked 36th, this year the U.S. ranks 38th.

In a separate study, looking at U.S. counties, it was discovered that some counties had fallen to the level of third world countries back in the 1950s.  So much for corporate/insurance controlled health care systems.