“China’s hold or ownership is only 8 percent of our outstanding debt and in no way does China’s position influence U.S. foreign policy.”-Gary Locke, U.S. Commerce Secretary
The United States Commerce Secretary made the statement while being interviewed by the Senate Foreign Relations Committee, for the job of U.S. ambassador to China.
In another example of corporate leadership not thinking things through, Tokyo Electric Power Company has discovered that the buildings it’s been using to store highly contaminated water in are leaking.
TEPCo was using the buildings to store contaminated water that leaked into the basements of the reactor buildings, and contaminated water from reactor cooling systems. […] Continue Reading…
The Government Accountability Office released a study that showed that some of the government contractors that got paid with taxpayer “stimulus” money, don’t pay taxes.
The GAO says 3,700 contractors who got stimulus money, owe back taxes. That’s about 5% of the contractors that got the taxpayer money. Some of the contractors that avoided paying […] Continue Reading…
The U.S. media is talking about Chrysler’s announcement that it plans to pay off the U.S. and Canadian government loans. It is not a sign of a good economy, because the loans are not being paid off with profits.
Chrysler’s pay off is coming as a result of more loans. The Auto maker has decided […] Continue Reading…
“When the United States and Britain stand together, our people and people around the world can become more secure and more prosperous…Ours is not just a special relationship, it is an essential relationship – for us and for the world”-joint statement by President Barack Obama and Prime Minister David Cameron
A study called “Family Pressure Gauge” says the United Kingdom is Europe’s third worst place for families to live, after Bulgaria and Romania.
Some points of the study: Almost 25% of the average British family income goes to childcare, which is double the percentage spent by French families and three times that for German […] Continue Reading…
Netanyahu just told the U.S. Congress that Jerusalem has only been free for all religions since Israel’s occupation. Bullshit!!!
Ask the Palestinian Muslims, Christians and Jews (yes Christians and Jews make up the Palestinian population) that have been constantly harassed and blocked from access to religious sites by the Israelis!!!
Officials from the Obama administration’s U.S. Department of State, including U.S. Agency for International Development (USAID), have arrived in North Korea.
They refused to answer reporter’s questions, but officially they are there to help end the food shortage in North Korea.
According to Chinese media, the United States has investigated Chinese products for “Section 337” violations, at least 56 times since 2006. That’s more times than all the previous 20 years prior to 2006.
Section 337 investigates claims of unfair trade and competition, as well as possible U.S. copyright violations.
May 24, Sony announced that their online services continue to get hacked. The latest involve countries like Greece and Thailand.
Japanese IT officials think hackers are just practicing, and that Sony’s security sucks: ‘‘Hackers are launching attacks apparently to hone their skills. Sony must review the security systems of its entire group to redress […] Continue Reading…