World War 3, Syria says U.S. made Stinger missiles being delivered to rebel groups, U.S. welcomes resignation of Kofi Annan

In a press conference, at the United Nations in New York City, a Syrian UN rep stated that U.S. made Stinger anti-aircraft missiles were being shipped in to rebels, via NATO member Turkey.

Syrian rep states the United States is glad Kofi Annan resigned because the U.S. was against Annan’s six point peace plan. Syria, […] Continue Reading…

LIBOR: RBS takes action against its own employees

“The LIBOR situation is on our agenda and is a stark reminder of the damage that individual wrongdoing and inadequate systems and controls can have in terms of financial and reputational impact.”-Stephen Hester, CEO RBS

03 August 2012, the Royal Bank of Scotland announced it has fired several employees for their involvement in the LIBOR […] Continue Reading…

Global Economic War: Bolivia clarifies so called ban on Coca Cola, Brazil bans Chevron, South America fighting U.S. yankee crony capitalist imperialism

“December 21 of 2012 will be the end of egoism and division. December 21 should be the end of Coca-Cola.”-David Choquehuanca, Foreign Minister of Bolivia

This recent statement by officials from the South American country has been interpreted as meaning Coca Cola was banned from Bolivia.  But David Choquehuanca has come out and stressed that […] Continue Reading…

What Economic Recovery? “tip of iceberg” for U.S. cities going bankrupt or defaulting, blame reduced tax revenues caused by bad economy!

“We went fifty years without any municipal bankruptcies in the United States, and now we are going to get dozens of them. The governing class did not get stupid fast.”-Richard Brodsky, former 14-term New York State assemblyman

(Actually, contrary to Brodsky’s statement, I think there was one chapter 9 bankruptcy in 1994, and another in 2008 […] Continue Reading…

What Economic Recovery? Ford and Chevy sales up in the U.S.? So what! Global profits are still crashing! Layoffs in the works!

“We think this is a situation that we will have to deal with for the foreseeable future.”-Bob Shanks, Ford CFO

“We have overcapacity now in Europe. It isn’t going to come back fast and we aren’t going to be saved by volume.”-Alan Mulally, Ford CEO

02 August 2012, Ford and General Motors (GM) reporting falling profits […] Continue Reading…

World War 3: Senate passes bill that almost guarantees war with Iran! Obama must now sign or veto

On 14 December 2011 the U.S. House passed HR 1905 (click here for more info).  On 01 August 2012, the U.S. Senate passed their version, now it goes before President Obama to be accepted or rejected.

The bill affects other countries, not just Iran, and even U.S. citizens!

Iran Sanctions, Accountability, and Human Rights Act of […] Continue Reading…

What Economic Recovery? Congress forces U.S. Postal Service to default!

At 24:00 hours, 01 August 2012, for the first time the USPS officially defaulted, no thanks to the U.S. Congress.

Chock Full o’Crap commentators are gleefully calling for a fully privatized postal system. The U.S. Postal Service is already a contractor run system!

The USPS is also considered the most efficient postal system in the world: […] Continue Reading…

What Economic Recovery? For the first time in 62 years, TV maker Sharp will layoff 5,000 workers! Despite profits Panasonic will let go 7,000 workers! Sony 10,000!

01 August 2012, Sharp announced that it will layoff 5,000 employees between now and March 2013, then, on 02 August reported a record loss of $1.6 billion USD for the quarter April-June!  That’s three times its loss from the same quarter last year!

The layoffs will affect workers in Japan, and in other countries.  Sharp […] Continue Reading…

New East Idaho wildfire, Little Birds busy

01 August 2012, a human caused fire northeast of Preston, in southeastern Idaho, has burned at least 268 acres (108.4 hectares), and is still active.  It’s called the Franklin County Assist 2 Fire.

Click pics to make bigger.

The Ridge Top fire is still burning, east of Blackfoot.  It’s about 70% contained, and has burned […] Continue Reading…

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