What Economic Recovery? Japanese economist predict negative GDP for Japan, blames the United States

Several private economic research firms, in Japan, are predicting GDP for Japan will go south for the 3rd quarter.

As many as ten research firms say Japan’s GDP could contract by as much 4.7% for the next economic quarter.  They blame the decline on a huge reduction in consumer spending, both in Japan, and in […] Continue Reading…

Mitt’s Mystery Money NOT explained by latest admissions, Romney is just more Washington DC BS

Once upon a time, very recently, candidate for U.S. president Mitt Romney got three donations from three companies that were created solely to give Mitt Romney money.

The main stream media is focusing on a now defunct company named W Spann LLC.  The property owner, where the company was supposedly located in New York, says […] Continue Reading…

Corporate Incompetence: Fukushima Daiichi water decontamination system crashes!

Ever since Tokyo Electric Power Company  installed a water decontamination and recirculation system, they’ve had problems after problems.  Now the entire system has crashed.

The system includes filters and pumps designed in the United States and France.  The idea is to decontaminate the massive amount of radioactive water flooding into the basements of the reactor […] Continue Reading…

What Economic Recovery? Germany says no more bailout money for Italy

Der Spiegel is reporting that German government officials doubt any more bailout money can save Italy, even if the current European Financial Stability Fund was tripled in size.

German officials have consistently said government finance reforms must come through spending cuts, and tax reform, not taking on more loans.

Currently the European Financial Stability Fund has […] Continue Reading…

What Economic Recovery? Emergency World meeting over U.S. credit downgrade, China says no more U.S. dollar, Germany says finally the U.S. gets what it deserves

“The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone.”-Chinese government/media commentary

The European Central Bank will hold an emergency meeting on Sunday, August 7.  The issue; the credit […] Continue Reading…

What Economic Recovery? German drug giant Bayer may leave Germany, find new home in China

German drug and chemical giant, Bayer, says high utility cost in Germany could force it to move all its German operations to a new location outside of Europe.

The most likely new home for Bayer, China.

Bayer blames the German government, and in a round about way the German people, for their decision to end the […] Continue Reading…

Preping for Syrian invasion: Germany tells fellow EU members to get their diplomats out of Syria

“In order to increase the political pressure on Damascus and to give a signal to Syrian society, I would welcome the withdrawal of European politicians.”-Ruprecht Polenz, chairman of the German parliament’s foreign affairs committee

“I do not believe that there can be a political future for Assad that would be supported by the […] Continue Reading…

United Police States of America & Hypocrisy in the War on Terror: Convicted U.S. soldier who led abuse at Abu Ghraib released from prison early

U.S. Army Reserve specialist, Charles Graner, led a six member team at the Abu Ghraib prison in Iraq.  Maybe you’ve forgotten all those pics of prisoners being terrorized by U.S. soldiers?

Graner was found guilty and sentenced to ten years in prison.  Now he’s being released after only 6 and a half years.  Iraqis have […] Continue Reading…

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