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).
“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…
“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
“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…
Thousands of British prison officers say they might join the planned nationwide strikes on November 30.
The Prison Officers Association has 35,000 members, and at least 15,000 will go on strike. That’s enough to shut down the operations of British prisons. To make matters worse, the number of people now in British prisons hit a […] Continue Reading…
MSNBC revealed a memo, written by former employees of U.S. House Speaker John Boehner, which basically asks for money to research ways to shut down the OWS and Tea Party movements.
Part of its goal is to prevent Democrats from joining the OWS movement, because that would threaten Corporate America: “This would mean […] Continue Reading…
“The mood in Detroit is grim. The workers are very angry. They’ve given concessions over and over and over again without striking. We haven’t struck since 1896.”-Michael Mulholland, Secretary Treasure at AFCME Local 207 in Detroit
In 1983 there were 21,000 Detroit City union employees, now it’s down to about 11,000 […] Continue Reading…
“The target, the motive, the ideology and the plot were all led by the FBI.”-Karen Greenberg, FBI tactics specialist, Fordham University
More and more evidence is coming forth, showing that for the past 10 years most “foiled terrorist plots” actually were masterminded by the FBI! It’s a case of taking entrapment to a whole new […] Continue Reading…