Idaho media reporting an increase in “personal income”. The problem is that “personal income”, as reported by the U.S. Bureau of Economic Analysis, includes things the average person does not consider “personal income”.
What government officials consider “personal income” includes unemployment benefits, business investments, business profits, farm profits, construction profits and government payments, besides individual […] Continue Reading…
A few days ago U.S. Federal Reserve boss Ben Bernanke said one of the factors in deciding the economy was worse then they thought, was continuing financing problems (credit crisis). Swedish car maker SAAB, just announced they are the latest victims of the credit crisis.
SAAB can not get short term loans, which is what […] Continue Reading…
“We’re trying desperately to hold to these farms and we are paying our share. And if we haven’t been paying our share, it’s because assessors haven’t been doing their job.”-Grant Olson, wheat farmer
In a surprise announcement, Bannock County officials said they messed up and failed to properly assess farmland. They will now […] Continue Reading…
Idaho Superintendent of Public Instruction, Tom Luna says No Child Left Behind (aka Adequate Yearly Progress, AYP) is actually stopping states from improving student’s academic performance: “The law has become a stumbling block to continued improvement in raising student achievement.”
The main reason that AYP is a stumbling block is that states are required […] Continue Reading…
“From the employee viewpoint, not only has the deal been redefined, in many cases, the new deal is not being delivered as promised.”-Mercer
In a report from human resource company Mercer, one in three workers in the United States hate their job so much they would rather quit and take their chances being unemployed.
One […] Continue Reading…
“Austerity measures in response to high government debt in some advanced economies, such as Greece and Spain, are not only threatening public sector employment and social expenditure, but also making the recovery more uncertain and fragile.”-UN Department of Economic and Social Affairs
The UN is warning that cuts in government spending will […] Continue Reading…
10 cities around the Fukushima Daiichi nuclear power plant were supposed to get evacuation orders immediately after the nuclear disaster, following the 11 March 2011 natural disasters. Only four of those cities got the evacuation order.
The national government of Japan, and the prefectural government of Fukushima have apologized for the break down in communication.
Also, […] Continue Reading…
For the third time Tokyo Electric Power Company stopped decontamination of radioactive water at Fukushima Daiichi. This time radiation levels on the outflow side of the massive water filter skyrocketed, instead of going down.
The idea is that water coming out of the decontamination unit would have less radiation. The opposite is happening. When TEPCo […] Continue Reading…
Most reports say Japan was hit with a 6.7 quake June 23. Other reports calling it a 6.8, while others say there were actually two 6.7 quakes, in the same spot, less than one minute apart.
The earthquake happened in the same location as the March 11 9.0 quake. Japan has experienced thousands of aftershocks […] Continue Reading…
Discussions within the U.K. Parliament reveal that British leaders are hoping for a quick end to the European Union via a Greek collapse.
Former Foreign Secretary Jack Straw said, concerning the Euro: “…is going to collapse…” and “Is it not better that this happens quickly rather than a slow death?”
Current Financial Secretary to the […] Continue Reading…