I was watching a debate on the French strikes, and a British commentator said that what was going on in France would never happen in Britain, because there are laws against such demonstrations. I wounder, after the British government will start the deepest cuts in 60 years?
By 2015, the cuts would amount to about […] Continue Reading…
Reuters is reporting that the French Senate will vote on a proposed increase to the retirement age, on Friday, October 22nd. Originally the Senate was to vote Thursday, October 21st. That proposal has sparked on again, off again strikes. But the latest strikes have gone on for more than a week now, and involve […] Continue Reading…
On September 30th, there was what some call a U.S. backed coup attempt in Ecuador. It failed. Did the U.S. TV media cover it. No.
According to several western media sources, the violence happened as a result of the Ecuadorian government making tough economic decisions that affected many workers, including police. However, Russia Today interviewed […] Continue Reading…
On Wednesday, October 20th, Iranian President Mahmoud Ahmadinejad, and Venezuelan President Hugo Chavez, announced they had signed several energy deals, and, that they are working towards a new world order of their own. Ahmadinejad stated; “We are united and determined to end the current injustice which dominates the world and replace it […] Continue Reading…
It’s interesting how our government, and main stream media, is so rabid about going after Iran’s nuclear power ambitions. And now, in the back yard of the United States, Venezuela has signed a deal with Russia to build a nuclear reactor. I’m not seeing any rabid war mongering coming from our government, […] Continue Reading…
The anti-government strikes continue in France. Strikers are now blockading airports. French police opened access to most oil depots, although strikers managed to re-blockade one oil depot. Liquid Natural Gas workers are now refusing to unload ships carrying LNG. The French Government is saying they have things under control, and that strikers, like the […] Continue Reading…
Another big bank involved in foreclosing on homeowners, is reporting record profits.
According to the Mercury News, Wells Fargo posted a $3.3 billion profit for the 3rd quarter. That’s 3.1% higher than last year, and yet, the bank’s actual revenues were down from the previous year, by 7.1%. How do you get profits that are […] Continue Reading…
According to a CNN report, despite housing construction start numbers being up, contractors says actual construction is flat.
The official Federal government housing start numbers only indicate the number of construction permits approved by local governments. Contractors say that banks are refusing to finance most new construction.
“Remember a couple of weeks ago when they came […] Continue Reading…
I was talking with my adult kids, and my 14 year old, about what was going on in France. They didn’t care. I tried to relate the basic issues of the people feeling ripped off by their government, and corporations, to what is happening here in the United States. They didn’t care. I asked […] Continue Reading…
Today Bank of America, one of the big banks behind the housing foreclosure fiasco, announced a $7.3 billion dollar loss for the 3rd quarter.
Was it due to the foreclosure mess? B of A is blaming the loss on the new limits on debit card fees. Debit cards? Are they sure limits on debit card […] Continue Reading…