Kit Bashing & What Economic Recovery? United States to help Japan’s economy by dropping illegal tariffs, pay back Japan $26 million in illegal tariffs

“We have finally put these burdensome and potentially damaging trade disputes behind us.”-Ron Kirk, U.S. Trade Representative

For decades the U.S. has imposed high tariffs on imports (so much for free trade), claiming the tariffs were “anti-dumping” fines.   The problem is that some of the foreign products affected by those U.S. tariffs were actually […] Continue Reading…

What Economic Recovery? Toyota has 72% drop in profits, Japanese Yen to blame

Toyota is reporting a huge drop in profits for the last nine months of 2011.  Profits fell by 72%!

But don’t blame the drop in profit on lack of sales. Sales for the same time fell by 10%.

Toyota says the increasing value of the Yen caused the huge drop in profits, and production halts due […] Continue Reading…

White Horse & World War 3: U.S. imposes sanction after sanction against Iran, Acts of War

I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.

February 6, 2012, Nobel Peace prize winner, U.S. President Barack Obama, has issued an executive order blocking all Iranian government assets held in U.S. […] Continue Reading…

White Horse, Red Horse & World War 3: U.S. shuts down embassy in Syria, U.K. withdraws ambassador, Russia sends their own observers

I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.

Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men […] Continue Reading…

Corporate Incompetence: Boeing says ‘Ooops’ finds structural flaw in new 787 Dreamliner

Boeing is reporting that they have found a flaw in parts used to make the troubled 787 Dreamliner.  The parts are made in a South Carolina factory.

Boeing insists the flaw will not affect the safe operation of the aircraft, but then says the parts are used to strengthen the carbon fiber structure of the […] Continue Reading…

What Economic Recovery? Mitsubishi to end European production, 1,500 people will lose their jobs, Thailand the winner

Mitsubishi Motors announced on February 6 that they will close their only factory in Europe.

The factory is in Netherlands, and employees 1,500 people.  Mitsubishi says the factory is outdated, and it’s not worth it to upgrade.

Also, Mitsubishi stressed that they must focus on stronger car markets, like South America, and they are giving up […] Continue Reading…

1.7 million Japanese infected with H3N2

February 5, 2012

Japan’s National Institute of Infectious Diseases has revealed that 1.73 million Japanese are infected with H3N2, a subtype of influenza A (aka Swine Flu, not to be confused with H1N1 Swine Flu).  The last time Japan was hit with H3N2 was five years ago!

According to a report from December, 2011, there were […] Continue Reading…

What Global Warming? Europe & Asia suffer freezing WX, at least 420 Europeans freeze to death, even North Africa affected

“It’s awful. I had to walk two hours through freezing temperatures just to get to the metro. The area is full of trees that have fallen on cars but no one’s come to help us.”-Federico Maneski, Rome, Italy

While North America is experiencing a warmer than normal winter, Europe and Asia are breaking records.  From […] Continue Reading…

Government & Corporate Incompetence: Reactor 2 at Fukushima Daiichi heating up, possibly due to a plumbing screw up!

On 27 January 2012, the temperature in reactor 2 was at 45 Celsius (113 Fahrenheit). On 05 February it’s at 73.3 Celsius (163.9 Fahrenheit).

Tokyo Electric (now effectively state owned due to running out of money) reports that the rise in temp could be due to some recent plumbing work.  Hello!

Another problem is that two […] Continue Reading…

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