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…
Here in Pocatello, Idaho, a new restaurant opened in downtown on July 14th, 2010. What kind of restaurant? A Thai restaurant, the type of restaurant some people have been wishing for in Pocatello. Is is good? You bet, I went their for lunch and dinner, and both were great.
The atmosphere is very spacious in […] Continue Reading…
French strikes continue, should we dare call it Nouvelle Révolution Française? Even French high school students are going head to head with riot police! Today, the students have blockaded schools and set fire to cars. Strikes actually started more than a month ago, and have only gotten bigger, viva les Français!
According to the French […] Continue Reading…
Citigroup, one of the big banks involved in home foreclosures, is reporting a $2.2 billion profit for the 3rd quarter.
In a Wall Street Journal article, Citigroup officials continue to claim they have done nothing wrong in the country’s foreclosure fiasco, and therefore will not stop seizing homes. However, in a recent Bloomberg article, it […] Continue Reading…
For the forth day millions of French people are continuing a country wide strike against their own government. Why? Because their government wants to raise the retirement age from 60, to 62.
Millions of French workers striking over a two year increase in retirement, while Americans continue to take it in the rear with […] Continue Reading…