The USPS is in real bad shape, much worse than its counterpart Canada Post.
The USPS stopped about $800 million in contributions to its employee retirement plan. This is an effort to prevent becoming insolvent, over a $5.5 billion employee health plan payment.
Also, USPS Inspector General David Williams, claims they were overcharged $75 billion for […] Continue Reading…
The United States Postal Service announced it will resume shipping to Canada, on June 28. The announcement followed the creation of a new law in Canada, which forces striking workers back to their jobs.
The USPS warns that there will be delays in getting mail to Canada, because a huge backlog of mail has built […] Continue Reading…
The Israeli government has stopped all flights from Denmark, because Danish officials refuse to allow Israeli security forces to patrol Denmark’s airports and aircraft.
A new airlines was created to fly from Copenhagen to Tel Aviv. Israel says they now consider the airline, and Danish airports ‘Israeli Security Zones’.
Denmark offered to let unarmed Israeli security […] Continue Reading…
Toyota announced the premier of a new car, not in the United States, but India!
The new car is a small low priced car called the Etios Liva. It’s smaller than most Toyota sedans. The price is about U.S.$9,000.
Toyota also announced that India was becoming its fastest growing car market. The number of Toyotas sold […] Continue Reading…
Nissan/Renault announced they plan to expand their global market share by 8% (an increase of about 10 million cars by 2017). How are they going to do that? Definitely not by selling more cars in the United States.
Nissan/Renault says it will expand sales in China, India and Brazil. They will boost production in China […] Continue Reading…
According to a Fortune article, some counties across the United States are trying to save their budgets by jacking up property taxes. As a resident of Bannock County, Idaho, I can vouch for that! Recently Bannock County announced they were jacking up farmland property taxes by at least 90%!!!
The National Association of Counties found […] Continue Reading…
It’s now official, for the first time since 1850 the number of people moving to California has declined! People are actually leaving! That’s according to the U.S. Census Bureau.
California is still the most populated state: 37 million.
According to the Public Policy Institute of California, 1.5 million middle class people left California in the past […] Continue Reading…
Citigroup is admitting that a May hack cost cardholders millions of dollars.
On May tenth 3,400 accounts had at least $2.7 million stolen from them. The total number of accounts that were hacked is more than 360,000.
Citi officials claim they notified customers quickly, yet those notices weren’t sent out until June 3. So far 200,000 […] Continue Reading…
The Los Angeles Dodgers are officially bankrupt. The team franchise tried to get a new television deal that could have kept it out of bankruptcy, but Major League Baseball blocked that deal.
This comes after a bitter court battle between the two owners. Frank McCourt was left as the owner, but he believes the blocked […] Continue Reading…
The Nature Genetics Journal reporting that the “lean gene” not only keeps people skinny but causes type 2 diabetes.
Conventional thinking by health officials is that obese (fat) and sedentary (lazy) people are the most at risk for type 2 diabetes (despite the fact that the majority of diabetics live in China and India, where […] Continue Reading…