Military Incompetence: Russian Delta class Nuclear submarine on fire in Arctic

The Russian Emergency Ministry is reporting that a K-84 type nuclear powered submarine is on fire, after wooden scaffolding around the sub caught fire.

The Delta class sub is in a shipyard in the Murmansk region.  Crews are currently trying to put out the fire.  The Emergency Ministry says radiation levels are normal, the fire […] Continue Reading…

What Economic Recovery? New York Times sells off 16 regional newspapers to sinister foreign company, hundreds of layoffs planned

“The sale of our Regional Media Group will enable The New York Times Company to continue our transformation to a multi-platform media company and further sharpen our focus on the development of our brands nationally, globally and in the northeastern U.S.”-New York Times, memo to employees

The New York Times has been in business since […] Continue Reading…

What Economic Recovery? Rick Snyder proves who he works for; Corporate America, not you! Unemployed workers are screwed over while Corporations get more tax breaks!

Tied for “Most Unpopular Governor in the United States”, Michigan Governor Rick Snyder, along with the State’s Legislature, proved who they really represent; Corporate America.

For 2011 Synder has signed into law, bills passed by Michigan’s lawmakers, which favor corporations and attack unemployed people!

Those laws cut unemployment assistance from a maximum of 26 weeks down […] Continue Reading…

Government & Corporate Incompetence: Fukushima to be turned into giant nuclear waste dump!

Struggling to figure out what to do with the ever increasing nuclear waste, caused by the Fukushima Daiichi nuclear disaster reactors, the Japanese government has decided to dump it in Fukushima.

The county of Futaba, in Fukushima Prefecture, is being asked to allow eight of its cities to become nuclear waste dumps.  The official reasoning […] Continue Reading…

Global Economic War: China could cut Rare Earth mineral exports, expect prices for high tech devices to go up

China is THE biggest supplier of rare earth minerals, which are absolutely necessary for today’s high tech computer devices, like your cell phone that’s almost permanently attached to your ear while you’re driving (stop that, damn it!).

How big? China supplies 90% of the world’s rare earth metals!

Chinese officials say they will try to meet […] Continue Reading…

Government Incompetence: Japanese trees now highly radioactive, a new twist on pollen allergies!

Japan’s Forestry Agency tested male cedar tree flowers, in Fukushima Prefecture, and discovered extreme levels of contamination: More than 250,000 becquerels per kilogram of radioactive cesium!

The forestry Ministry took samples from 87 locations between November and December.  The highest level, 253,000 becquerels of cesium per kilogram, were discovered at Omaru in the town of […] Continue Reading…

World War 3: Iran will block Strait of Hormuz, if the U.S. is successful in getting oil sanctions imposed, U.S. says that’s all the excuse they need for going to War, oil could hit $500 per barrel

“If sanctions are adopted against Iranian oil, not a drop of oil will pass through the Strait of Hormuz. We take no interest in animosity and hostility, our belief is friendship and brotherhood, but the West will not end its scheming….The enemies will only drop their plots when we put them back in their […] Continue Reading…

Global Economic War: U.K. prepares for collapse of the Euro, believes Britain will be flooded with economic refugees, Swizterland taking action

Several days ago there were reports that banks around the world were preparing for the demise of the Euro.  Banks are getting ready to go back to older European currencies.

On December 28 the British government discussed contingency plans for such a Euro collapse. Her Majesty’s Treasury (that’s the official title, and proof the Queen […] Continue Reading…

What Economic Recovery? No big Xmas sales for Sears & Kmart, up to 120 stores will be closed, look out Pocatello & Chubbuck

“While our past practice has been to keep marginally performing stores open while we worked to improve their performance, we no longer believe that to be the appropriate action in this environment.”-Lou D’Ambrosio, CEO of Sears Holdings

Sears Holdings, which owns Sears and Kmart stores, said this year’s holiday sales sucked big time!  They’re claiming […] Continue Reading…

Global Economic War: Brazil beats out United Kingdom, now 6th largest world economy, soon to become 5th largest

According to the British Centre for Economics and Business Research, Brazil’s GDP will end 2011 at U.S.$2.4 trillion!  That makes Brazil the sixth largest economy in the world.

The United States is still number one (of course most of that money goes to the top 10% in the U.S., no trickle down here), followed by […] Continue Reading…

News you didn't know mattered