“We shouldn’t create at will a political vacuum that would cause policies to stall.”-Yoshihiko Noda, Prime Minister of Japan, 29 October 2012
The “political vacuum” the Prime Minister is talking about concerns his loss of political power: “Noda wants to delay the day of reckoning as long as possible. Who would call an election now […] Continue Reading…
31 October 2012, one of Japan’s electronics giants, Panasonic, announced massive losses by the end of their fiscal year.
Panasonic officials say they expect to have suffered a net loss of more than $9 billion USD by March 2013! They already lost $8.6 billion from April to September 2012!
For the first time in 62 years […] Continue Reading…
29 October 2012
In Wardak Province, Mujahideen ambushed U.S. and Afghan National Army troops. The U.S. and ANA personnel were conducting assessments of local police checkpoints. They were attacked with assault rifles and RPGs. U.S. officials claim they killed three Mujahideen.
In Helmand Province, at least two ANA soldiers were killed (some reports say four) when […] Continue Reading…
“There could be at least three explanations. One is the public discourse about a possible Israeli or American operation deterred them from trying to come closer. It could probably be a diplomatic gambit that they have launched in order to avoid this issue culminating before the American election, just to gain some time. It […] Continue Reading…
“We are talking about the things that still need to be solved and here it became clear that the global economy’s risks are very evident, as is clearly stated in the communiqué. The economic growth outlooks are not as good as we would hope.”-Angela Merkel, Chancellor of Germany
The German leader made the statement on 30 […] Continue Reading…
A Los Angeles Times article points out that the emergency declarations made by President Barack Obama, regarding New York and New Jersey (due to hurricane Sandy), were made without truly assessing the situation.
You can go to the FEMA website, and check out the disaster declarations.
Also, FEMA has a map which shows that at least […] Continue Reading…
“We are anticipating that, based on the storm, there could be impacts that would linger into next week and have impacts on the federal election.”-Craig Fugate, Federal Emergency Management Agency, 30 October 2012 press conference
“I don’t give a damn about Election Day! It doesn’t matter a lick to me. At the moment I’ve got […] Continue Reading…
On 29 October 2012, Federal Emergency Management Agency boss, Craig Fugate, suggested that Presidential elections be postponed, or even canceled, because of the mess caused by hurricane Sandy: “It [elections] needs to be safe and secure. This will be led by states and their election commission supervisors.”
This is because of the flooding and electrical shortages, which […] Continue Reading…
30 October 2012, Swiss banking giant, UBS, announced a major change in its plans to cut employees; they now want to layoff 10,000 workers worldwide!
Last year UBS announced they would layoff 3,000 employees, but because the too big to fail bank has been losing money from its investment operations, they’ve now upped it to […] Continue Reading…
30 October 2012, since my last posting (on 21 October 2012) about the ongoing Sears Holdings shut downs, there have been more store closings announced.
Also, Sears Holdings just announced they will be closing two parts and repair centers, both located in The Woodlands, Texas. At least 117 Texans will lose their jobs by 23 January […] Continue Reading…