“It’s appalling that while the state is poised to cut another $600 million from already suffering essential programs, including In Home Supportive Services, Medi-Cal, child care, and universities and community colleges, they are forcing forward $600 million to build unnecessary jails. In order to make California a place where […] Continue Reading…
“Simply put, our city is in a financial crisis, and city government is broken. That’s not new. That’s not an opinion. That is a fact.”-Dave Bing, Mayor of Detroit
Detroit is going bust, and the city leaders are taking it out on the city employees.
City leaders want employees to take a 10% cut […] Continue Reading…
A new Toyota factory opened in Blue Springs, Mississippi. Company officials hope sales of Corollas goes up enough they can produce 150,000 new Corollas every year.
They also hope no more parts supply issues will hamper U.S. production.
The Mississippi plant could employ 2,000 people, and is the 14th Toyota factory in North America.
The factory was […] Continue Reading…
“Olympus was exploited over its cover up totaling losses of 50 billion yen, and since 2000, over 200 billion yen has disappeared into the underground economy.”-leaked Japanese government memo
The New York Times claims to have seen an official memo, from Japanese investigators, which says it is highly likely that the fraudulent investment […] Continue Reading…
“All the cops are just workers for the 1%…As soon as I’m let out of jail, I’ll be right back here and they’ll have to arrest me again.”-Ray Lewis, retired Philadelphia Police Captain
Don’t think the OWS movement is dead, thousands are trying to shut down Wall Street today, November 17. Those thousands include health […] Continue Reading…
“I hope that the United States is looking into this case, and the guilty party is properly punished for the crime against Brazil.”-Wilson Damasio, Social Defense Secretary of Brazil
Brazilian authorities have confiscated two containers with 45 tons of hospital waste from the U.S. They say they have info that another 14 containers […] Continue Reading…
The New York Times, and the Wall Street Journal, have been reporting that an unnamed source says Citigroup will layoff 3,000 employees.
Some employees have already been notified.
900 layoffs will take place in the banking and securities divisions. The unnamed source says the number of laid off Citi workers could exceed 3,000 by next year.
“Enough of this economy that exploits and divides us. It’s time we put an end to Wall Street’s reign of terror and begin building an economy that works for all.”-occupywallst.org
At 07:00 hours, New York time, on November 17 the OWS movement claims they will launch a human wave attack on Wall Street.
Organizers say events […] Continue Reading…
A Stanford University study has researchers shocked at how fast the middle class is disappearing in the United States: “We already kind of knew that segregation by income had been going up from 1970 to 2000, though I was struck by the magnitude of that increase. One of the striking findings […] Continue Reading…
A 12 page U.S. Department of Defense report, given to Congress, says all options are on the table for dealing with computer hackers: “When warranted, we will respond to hostile attacks in cyberspace as we would to any other threat to our country. We reserve the right to use all necessary means; diplomatic, […] Continue Reading…