Global Economic War: Apple now takes the Chinese Yuan, over the U.S. Dollar. Chinese buyers dominate the internet!

“The service has been there since last Friday. It’s really good news for our customers and local application developers.”-Apple China statement

California based Apple Incorporated decided to accept the Chinese yuan (aka Renminbi, or RMB) in an unannounced move last week. One reason is that China is now the world’s biggest internet market!!!

The App Store […] Continue Reading…

Republican & Media Incompetence: California Republican Darrell Issa, and some mainstream media sources, say the Postal Service gets money from tax payers. Idiots!!!

“The Postal Service still seems to hold the misguided belief that accounting gimmicks and an increased reliance on taxpayer support will give it flexibility to push back insolvency for a few more years.”-Darrel Issa, Republican Representative from California

California Republican Darrel Issa has just revealed himself to be a liar or an idiot!

First […] Continue Reading…

What Economic Recovery? Postmaster General says Draconian cuts needed for self supporting U.S. Postal Service

“Both bills have elements that delay tough decisions and impose greater constraints on our business model.”-Patrick Donahoe, Postmaster General of the United States

The Postmaster General was referring to bills proposed by the U.S. Congress.  He’s still pushing for the more drastic changes he wants, like ended Saturday deliveries, and laying off more employees than […] Continue Reading…

Revised GDP report; what the mainstream media doesn’t tell you, inflation up, military spending up, non-military spending down, workers producing more but not being paid more

On November 22, the U.S. Department of Commerce, Bureau of Economic Analysis (BEA) released another revised Real GDP report.  It says the second revision of GDP for the third quarter 2011 was a stagnant 2%.

Gross Domestic Product is the “the output of goods and services produced by labor and property located in the United […] Continue Reading…

What Economic Recovery? Netflix says 2012 will be so bad they will not make any profits. Looking to investors to float them. Blame competition & inflation

Netflix announced on November 21, that they do not expect to make a profit in 2012.  The on demand movie service went from having $366 million in cash, to almost nothing predicted for 2012.

Netflix officials blame it on several things; a huge subscriber loss, increased competition and a huge jump in licensing fees (inflation).

Like […] Continue Reading…

Corporate Incompetence: British MF Global following in footsteps of Japanese Olympus?

“I’m flabbergasted. The bottom line is, there’s going to be a haircut involved. It’s devastating, what this has done to the industry.”-Tom Ward, retired Chicago Board of Trade member whose two sons have been blocked from accessing their money

Officials with MF Global, formerly Man Financial, are now admitting that they lost much […] Continue Reading…

Government Incompetence & Word War 3: Iran & Lebanon capture dozens of U.S. spies. CIA official says Lebanon’s spies better than the old KGB. This happened back in June, U.S. media just now talking about it, may be part of plan to justify war with Iran.

“Hezbollah’s security is as good as any in the world’s. It’s the best. It’s better than that of the KGB.”-Bob Baer, former CIA operations officer

“Beirut station is out of business.”-unnamed CIA official

Call it a major set back for the United States, in their espionage of Iran and Lebanon.  The U.S. media says more than […] Continue Reading…

World War 3: Israel says the time is now, for war with Iran. Says Obama “excelling” at supporting Israel’s military

“Let me tell you, we recommend for a long time to all players to act sincerely and intensively to…deprive them or prevent them from turning nuclear.  And we have kept recommending to all to leave no option, not to remove any option from the table.”-Ehud Barak, Defense Minister of Israel

The Chinese […] Continue Reading…

World War 3: Ron Paul says Iran has no nukes! CBS News reveals its ignorance, or its intentional covering up of issues involving U.S. foreign policy

“Iran doesn’t have a bomb. There’s no proof. There’s no new information regardless of this new report [IAEA report], and for us to overreact and to talk about bombing Iran, that’s much more dangerous.”-Ron Paul, U.S. Representative from Texas

Presidential candidate Ron Paul made that statement on CBS’s Face the Nation.  But the […] Continue Reading…

Occupy America! Diesel disparity in Idaho. Gas prices way down, Diesel way up. Blame increase in U.S. exports! Blame pricing games! Warning for California. Fracking really for fuel production. Grow your own!

In eastern  Idaho, the difference between the price of one gallon of regular gasoline, versus diesel, is now a full one dollar.

Phillips 66, next to the Bannock County court house, Pocatello, Idaho

On November 19, the average price, in the Pocatello/Chubbuck area, hit $3.18 per gallon for regular gasoline, and $4.18 […] Continue Reading…

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