There are reports that the tax collector of the U.S. government, the Internal Revenue Service (IRS), is holding back on refunding $153 million in overpaid taxes!
IRS officials claim it’s because of postal addresses they just don’t trust. So they’re not going to mail them out! 99,123 U.S. taxpayers are waiting for those refunds!
Here’s the […] Continue Reading…
“The airline industry has the worst financial performance of any of our major business sectors. While the industry has enjoyed some profitable years, airline operators as a whole have lost money since deregulation in 1978.”- from Current Situation and Future Outlook of U.S. Commercial Airline Industry, September 28, 2005
In September 2005, the U.S. House […] Continue Reading…
On November 29 the oldest operating U.S. airline, American Airlines, filed for bankruptcy. But before anyone gets excited, look at the facts.
The new CEO of American Airlines, Thomas Horton, blames his company’s losses on the cost of union labor. He specifically calls union labor “cost disadvantages”.
First off, the majority of American Airlines aircraft are […] Continue Reading…
“It feels like Helena and Cosby are caught in the cross hairs. There is a big battle going on and we are the ones that are going to suffer.”-Marianne Price, Montana resident who relies on the U.S. Postal Service
Recently, the President of the National Association of Letter Carriers, Fred Rolando, said certain actions by […] Continue Reading…
At the peak of the Great Depression, in 1933, 12.8 million people were officially unemployed in the United States. According to the U.S. Bureau of Labor Statistics we’re already past that; 13.9 million officially unemployed!
Now take into account that some sources are saying that the Bureau of Labor is intentionally under reporting the numbers; […] Continue Reading…
“Russia is Mazda’s second largest market in Europe and sales are rapidly increasing. Mazda sold approximately 28,000 units during the period from January through September 2011, a year on year increase of approximately 77%!”-Mazda Motors statement
Mazda announced they’ve made an U.S.$80 million joint venture deal with Russian car maker Sollers. By […] Continue Reading…
The head of Bank of Japan announced that as long as Europe struggles with a credit crisis, the value of the Japanese yen will keep going up. That’s bad when Japan’s economy is based on exports. The more their yen is worth, the more their products will cost.
Masaaki Shirakawa said the result is that […] Continue Reading…
The manager of Tokyo Electric Power Company’s Fukushima Daiichi nuclear power plant was forced to resign, because of major health problems.
Yoshida Masao has been directly dealing with the situation at the nuclear plant since the 11 March 2011 disasters. Yoshida said a major health problem was discovered during a medical check up. TEPCo officials […] Continue Reading…
During the week that followed the March 11 earthquakes and tsunamis that hit Japan, reactors 1, 3 and 4 at the Fukushima Daiichi nuclear plant exploded. Yet Reactor 2 spewed the most radiation.
Contract workers at the plant say they heard an explosion inside Reactor 2, but TEPCo officials swear no explosion took place. Independent […] Continue Reading…
Three farms in the city of Date, Japan, harvested rice that was found to be contaminated with cesium, up to 1,050 becquerels per kilogram.
Earlier in November as many as six farms in Oonami district were found with contaminated rice. Those farms did not sell their rice, but the farms in Date did.
Now officials are […] Continue Reading…