What Economic Recovery? 8 Kmart stores closing down, 174 and counting! 13,920 people lose their jobs!

On 29 June 2012, Sears Holdings released their latest list of store closings, this time they’re all Kmart stores.

Two Kmarts in Florida, and two Kmarts in Georgia will be shut down. The other four Kmarts are located in Iowa, Virginia, Minnesota and Tennessee.

Sears Holdings pointed out that each store employs between 40 and 80 […] Continue Reading…

58 wildfires in Eastern Idaho, and that’s before the official fire season began!

28 July 2012, fire fighters are still busy fighting numerous wild fires throughout eastern & southeastern Idaho. July is the official start to the wildfire season in Idaho, but so far 58 fires have raged since the beginning of the year!

27July 2012, new fire Fort Hall Reservation (east of Blackfoot), […] Continue Reading…

World War 3: Russia to establish new naval bases in Vietnam & Cuba!

“It is true, we are working on the deployment of Russian naval bases outside Russian territory.”-Vice Admiral Viktor Chirkov, Russian navy

27 July 2012, the Russian navy announced they will re-open Soviet era naval bases around the world, including bases in Vietnam, Cuba (the “backyard” of the U.S.) and Seychelles.

The bases are needed for creating […] Continue Reading…

World War 3: Turkey establishes command & control base for the invasion of Syria, Poland closes embassy!

27 July 2012, among warmongering reports from U.S. mainstream media, Poland announces that it has closed its embassy in Syria and is evacuating all Polish nationals!

Up to this point it was the Polish embassy that was acting as the diplomatic representative for the United States.

Reuters is reporting that an unnamed source in Qatar claims […] Continue Reading…

LIBOR: EU to make rate fixing a crime. Rate fixing scandal an excuse to create One World Bank! New CIBOR scandal!

26 July 2012, the European Union’s European Commission is asking its members to pass a new law making currency and interest rate manipulation a crime.

The scandal involves mainly U.S. and British Too Big to Fail banks and the British based LIBOR, Belgium based EURIBOR and Japan based TIBOR systems.  Recently it was revealed that […] Continue Reading…

What Economic Recovery? Hoku Corporation voluntarily de-lists, chapter 11 coming soon, “Liquidate Hoku Materials”

“How much longer can Hoku Corp keep the tsunami of debt, liabilities, liens, foreclosures and material breaches of contract at bay? What’s the delay in filing for bankruptcy protection? I believe that it may be driven by their energetic attempts to sell their solar subsidiary before the much tighter restrictions on selling assets that […] Continue Reading…

What Economic Recovery? Idaho’s Coldwater Creek struggles to keep head above water. Takes on more debts. One loan from company known for Mitt Romney style take overs!

“The proceeds of the Term Loan Agreement will be used for debt repayment, to finance the acquisition of working capital assets, and for other general corporate purposes.  On July 9, 2012, the Company used $14.8 million of the proceeds to repay its term loan with Wells Fargo Bank.”-Coldwater Creek statement

The struggling Sandpoint, Idaho based womens […] Continue Reading…

What Economic Recovery? Sales up, yet profits down for Nissan. Sales & profits down for Ford!

26 July 2012, Japan’s Nissan Motor has reported an increase in sales for the April to June quarter, but decreased profits.

Nissan officials said sales were up in China and North America, but, because of the rising value of the Japanese yen, and increasingly stiff competition, the overall profits fell 19.7%.  Their profit was still […] Continue Reading…

What Economic Recovery? Britain in worst double dip recession ever, blame the Queen!

“It is clear that Britain is in the midst of the most prolonged period of stagnation it has faced in decades.”-John Longworth, British Chambers of Commerce

25 July 2012, Office for National Statistics announced another drop in GDP, for the third month in a row, officially putting the United Kingdom back into a recession.

U.K. economic […] Continue Reading…

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