What Economic Recovery: Idaho unemployment edged up, still at 9.4%, almost no new jobs created in June

Even though Idaho’s unemployment rate is still 9.4% (for several months now) it actually edged up by 500 newly unemployed, for the month of June.

To make matters worse, the Idaho Department of Labor says most of the 15,000 people who found jobs in June, are filling existing positions.  In other words almost no new […] Continue Reading…

Idiot! CNN commentator says $14 billion loss for U.S. taxpayers is a good thing

Some idiot at CNN called the huge billion dollar car maker bailout loss for U.S. taxpayers “Excellent!”.

He justifies his statement by saying it’s better than the originally projected loss of $40 billion.  What this idiot doesn’t seem to realize is that most taxpayers were against the bailouts, because they knew they would lose.

In total, […] Continue Reading…

Government Incompetence: Canadian taxpayers lose $810 million to Chrysler, Unions say it could threaten factories

Just like the U.S. government, the Canadian government has sold its shares of Chrysler stock to Fiat, at a loss.

Canada bailed out Chrysler’s operations in Canada, and it cost the Canadian taxpayers $810 million.

Canadian autoworkers union officials say their government should have held on to the stock a little longer, as a way of […] Continue Reading…

No Economic Recovery for U.S.: China offers U.S. college students free education

“We hope the scholarships will encourage American students to delve into China studies and other subjects in China in earnest.”-Zhang Jin, education exchange program

China’s Ministry of Education is ready to offer full university scholarships to  students from the United States.  The program actually started last year, and was officially announced in April of this […] Continue Reading…

No Economic Recovery for U.S.: Desperate for sales, Lockheed pushes Japan to buy controversal F-35 jet

Steve O’Bryan, vice president for F-35 business development at Lockheed Martin Aeronautics, was in Japan, trying to push them to buy the controversial jet.

The main reason the F-35 is so controversial is that it’s taken far longer to develop, and it has cost U.S. taxpayers far more than originally estimated.

O’Bryan is hoping Japan will […] Continue Reading…

Corporate Incompetence: Major grocery store chain admits to selling cesium contaminated beef

Grocery chain operator Ito-Yokado says it sold over 2,600 kilograms (5,732 pounds) of beef contaminated with cesium.  The beef was sold at 94 outlets in Tokyo and several surrounding prefectures, as well as on the northern island of Hokkaido, between April and July.

Ito-Yokado is not the only store that has admitted to selling the […] Continue Reading…

Government Incompetence: Cesium contaminated beef served to children at elementary schools

Japan’s Education Minister Yoshiaki Takaki is demanding action after it was discovered that three elementary schools served children beef contaminated with cesium.  The schools are located in Chiba, east of Tokyo.

Takaki has ordered local schools to check the source of the food they serve.

Government Incompetence: Professor demands that Japanese government check for cesium even hundreds of miles from Fukushima Daiichi!

22 July 2011, the Japanese government is only conducting radiation checks in the Fukushima area, but one professor says they need to check the whole of Japan.  Especially after it’s become clear that cows and cattle feed are contaminated with extremely high levels of cesium.

Niigata University Professor Nonaka Masanori, says radiation levels were never […] Continue Reading…

Corporate Incompetence: Electric power to damaged Fukushima Daiichi has been cut!

22 July 2011, Tokyo Electric Power Company says external power, needed to support efforts to control the damaged Fukushima Daiichi nuke plant, has been cut.

There was a sudden surge of electricity which tripped a breaker controlling power to reactors 3 and 4.  They are now using back up generators, and they are trying to […] Continue Reading…

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