Corporate Incompetence: Nuclear Plant workers say Reactor 1 was already melting down even before the Tsunami hit, decreasing radiation levels due to fuel rods being washed away

Many workers who were at the Fukushima Daiichi nuclear plant the day of the 11 March 2011 quake and tsunami, say reactor 1 was already in trouble and possibly melting down, immediately after the 9.0 quake.

“There’s certainly a great deal of evidence that appears to suggest that the first reactor, reactor number one, was […] Continue Reading…

Operation BART: U.S. Media says no transit shutdown, U.K. Media says 4 BART stations shut down, who’s right?

August 16, protestors shut down four of San Fransisco’s BART stations, according to media in the United Kingdom.  Yet the San Fransisco Chronicle says no such shutdown took place!

August 17, the San Fransisco Chronicle published an article titled “No BART protests”.  The article claims that BART service was not interrupted by any protestors: “Tuesday’s […] Continue Reading…

Government Incompetence: Plastic Recycling actually destroying environment in China, government shut it down, now as many as 70,000 people in one city are unemployed

So much for saving the environment by recycling plastic bottles.  One city, Wen’an, serves as the plastic recycling center for Beijing.  The problem is that the process of recycling plastic was actually destroying the local environment.

The recycling is done by very small businesses, or even families, and their processes of recycling plastics has destroyed […] Continue Reading…

Dumb Americans, like Frogs in a Boiling Pot: New study shows economic inequality in the U.S. as bad as some African countries, yet most U.S. citizens think everything is fine

Psychologist Dan Ariely designed a test, a test to see how much the average Joe in the United States knows about their own country’s income equality, or lack of.

Not surprisingly, to me anyway, the overwhelming majority (in the 90% range) of U.S. citizens still think the U.S. is equal when it comes to income […] Continue Reading…

What Economic Recovery? Germany & France pushing for tax on stock market deals, taking steps to turn the EU into a single economic & political entity

August 16, France and Germany decided against creating and selling Euro Bonds, and came up with another way to help raise money for EU governments; a stock market transaction tax.

French President Nicolas Sarkozy said Euro Bonds would come later, when the economic situation was more stable.  Instead he, and German Chancellor Angela Merkel, are […] Continue Reading…

Global Economic War: EU officials say they want economic sanctions against other EU countries

“We are in complete agreement in the Dutch cabinet that imposing automatic sanctions as much as possible against countries who do not stick to the rules is the only way to ensure the euro’s long-term success.”-Mark Rutte, Prime Minister of Netherlands

Officials in Netherlands, an economically stable member of the European Union, […] Continue Reading…

Government slight of hand & Media Incompetence: GDP numbers continue to get revised donward, after being publicly reported, U.S. no better off than EU

The U.S. Bureau of Economic Analysis says the GDP for the second quarter of 2011 was a stagnant 1.3%.  But what some media outlets didn’t report was that the previous quarter was revised downward from 1.95% to 0.4%!

This kind of slight of hand has been going on for years now.  It turns out that […] Continue Reading…

Operation BART: Anonymous hacks San Fransisco Transit Police, retaliation for police cutting off cell service

“Anonymous demands that this activity revolving around censorship cease and desist and we know you are already planning to do this again.”-warning to BART police from Anonymous

In retaliation for the Bay Area Rapid Transit police cutting off cell service, to prevent a mass protest, Anonymous hacked them and took personal data of at […] Continue Reading…

What Economic Recovery? U.S. home construction down again, no recovery in sight

“This range leaves us at the lowest levels since the series began in 1959. While monthly volatility is likely to continue, no real recovery looks to be on the horizon.”-Jill Brown, Credit Suisse

August 16, the United States Census Bureau reports housing starts fell 1.5% in July, and permits to build new […] Continue Reading…

What Economic Recovery? Europe continues to stagnate, media still calls it ‘slow growth’, Germany hit hard

The European economy is still stagnating, a GDP (gross domestic product) of 0.2% for this past quarter.  That’s a drop from 0.8% in the first quarter of 2011.

Mainstream media continues to call such numbers “growth”.

Europe reports their GDP as a quarterly average.  The U.S. reports GDP as a yearly average.

Germany, the economic powerhouse of […] Continue Reading…

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