Tag Archives: banks

Business/Economics, International, U.S.

World War 3: Gaddafi is gone, yet Obama continues sanctions against Libya. It’s a personal vendetta

Nobel prize winner, U.S. President Barack Obama, is extending sanctions against Libya, even though the person supposedly responsible for the sanctions is dead!

In February 2011, Obama placed “emergency” sanctions against Gaddafi.  But Gaddafi was beaten and finally shot to death towards the end of last year.

On February 23, 2012, Obama claimed: “The situation in Libya continues to pose an unusual and extraordinary threat to the national security and foreign policy of the United States.”

Those “extraordinary” threats are the surviving members of Gaddafi’s family.  So this sounds personal, as if the leadership of the United States wants all the male members of the Gaddafi family dead, just like what happened to the Hussein family in Iraq.

Business/Economics, International, U.S.

World War 3: United States imposes sanctions on Japan, U.S. been doing business with Yakuza

February 23, 2012, the United States imposes sanctions against the Yamaguchi-gumi.

The U.S. Treasury Department froze the assets held in the United States by the organized crime family. The U.S. has also banned the Yamaguchi-gumi from doing anymore business in the United States.

While this sounds good, it should raise the question: “How long has the U.S. knowingly done business with the Japanese Yakuza?” And I wounder if freezing their assets is just a tricky way to raise cash for a broke U.S. government?  The Obama administration estimates they have billions in their U.S. accounts!

Idaho, International, U.S.

Lessons for the Occupy Movement from the Egyptian January 2011 Revolution: #2 Cyberspace does not win Revolutions! Occupy the land! Keep Lines of Communication open!

I watched the January 2011 Egyptian Revolution from day one.  It did not start with cyberspace, and it did not end with cyberspace.  Rather cyberspace was only a briefly used tool of the Revolutionaries.

“I don’t think the Revolution ever happened in cyberspace…They need physical space, they need public space. Tahrir Square provided that.”-Nezar AlSayyad, Center of Middle East Studies, University of California at Berkeley

The fact that Revolutions need public space is the true reason why local and state governments, in the United Police States of America, are now passing laws that’re making it illegal to gather in public spaces!

On December 9, 2011, the city of Honolulu, Hawaii, created a law that is not only aimed at preventing public gatherings, but is being called “a particularly egregious attack on the homeless”.

On January 24, 2012, Charlotte, North Carolina, passed a “no camping” on city property law.  Even if you’re not camping the law includes things that allow police to have you removed, or arrested, anyway.

On February 21, 2012, the state of Idaho created a law that specifically targets the Occupy movement.  It has extended anti-gathering laws (no demonstrations can last longer than four hours, which only proves what I said in part one) to the state property the Occupy Boise movement is currently using.

The small, and ignorant, Occupy Boise movement has until 17:00 February 27 to clear out.

I say the Occupy Idaho movement is ignorant, because of what they said in a PBS Newshour interview: “I will take it elsewhere. There are a lot of us who recognize that this movement is more important than the place we’re staying.”-Daniel Grad, Occupy Boise, December 8, 2011

In fact, the Occupy Boise movement told local Idaho PBS reporters that they specifically chose the land (land that until now was exempt from the four hour limit law) so as to not cause legal problems!

FAIL!  There’s a saying in the world of business, “location, location, location”!   If there is no need to Occupy land, then what was the point of Egyptian Revolutionaries fighting so hard to control Tahrir Square?

Back to cyberspace.  In Egypt twitter and facebook and other social media tools were not the instigators of the Revolution.  Those tools only became important as Egyptians in one city realized, through their communications, that they were not alone, that Egyptians in other cities were also rebelling.  So cyberspace became a way of communication after the fact.

Even so, as I was watching the live broadcasts, the Egyptian government shut down many cell phone towers, and internet providers (with the help of a U.S. telecommunications company).   Did that stop the Revolution?  Hell no!

Revolutionaries turned to old fashioned land line phones, short wave radios, even the ancient task of running messages by foot.  Some reports said they had taken over radio stations, even broke into police stations to steal the police radios.

But while this proves that cyberspace is not critical, it does prove that communications are critical.

In the military, communications does not refer to just being able to talk or relay messages.  It refers to the ability to keep your forces fed and armed.  (specifically its called: Lines of Communication, called such because supplies tended to follow the same route that hand carried messages, and telegraph lines, did)

The Egyptian Revolutionaries not only took and held land (sometimes losing it, but retaking it later), they kept their Occupiers fed, and they rotated fresh Occupiers in, while the tired Occupiers went out to get rest.  They, without really thinking about it, kept “lines of communication” open to the land they were Occupying.

This is important, because one of the riot control maneuvers used nowadays is called “Kettling”.  This is a way of hemming in protestors, to cut them off from their lines of communication (even though most protestors don’t even know about such things as lines of communication).

The lesson is that you must not rely on high technology, you must Occupy the land, and you must keep your “lines of communication” open!

By the Way, Occupy Boise is appealing to the Federal Court, on the grounds the new Idaho law violates the rights to freedom of speech and assembly guaranteed under the First and Fourteenth Amendments of the U.S. Constitution.

LESSONS FOR THE OCCUPY MOVEMENT FROM THE EGYPTIAN JANUARY 2011 REVOLUTION: #1; PEACEFUL PROTEST DOES NOT WORK!!!

Fukushima

Government/Corporate Incompetence: Finally, Japan to use 22,000 square feet of concrete at GE designed Fukushima disater reactor zone! Pacific Ocean under threat!

21 February 2012, Tokyo Electric Power Company (TEPCo) announced they will start pouring concrete! (again?)

They will focus on the floor of the Pacific Ocean, near the water intakes of the Fukushima Daiichi nuclear plant, to prevent any further radioactive materials from spreading.

TEPCo says they will begin right away (finally), starting on 22 February.  They will cover a 70,000 square meter (22,9658.7 square feet) area!

TEPCo hopes that the 60 centimeter (nearly 2 feet) thick layer of concrete will stop the spread of radioactive mud and sand, for at least 50 years!  The job could take four months.  The decision was made because high levels of cesium are still being detected in the Pacific Ocean!

People still need to demand an explanation why this decision took so long.  And what about the rest of the nuclear plant?

How did the Soviets deal with Chernobyl?

 

Business/Economics, International, Technology, U.S.

More suicides at Chinese Slave Wage Factory Cities

Chinese media reporting that a man jumped to his death on February 18, and a woman did the same on February 15.  The local government officials claim they are investigating.

The two slave wage employees worked at Nanshan International Stationery.  The man had been trapped their for eight years!  Many people in the United States don’t realize these Chinese factory cities are literally walled in cities.  When you sign a contract to work there you’re stuck inside.

Nanshan International Stationery has Western investors, through Hong Kong.  Officials at the factory said “personal problems” were the cause of the suicides. Yeah, I agree that eight years trapped in a factory city would cause personal problems!

 

 

 

Business/Economics, International, U.S.

Black Horse & What Economic Recovery? Greeks right about sinister plots against them, yet again the latest Bail Out is put on hold!

How many times is this gonna happen: World finance leaders announce a done deal for a Greek bail out loan, only to retract it not even 24 hours later.

Yet again European Union leaders, and the International Monetary Fund (IMF), are using excuses to hold back the latest 130 billion Euro loan.

“Greece has obviously made significant efforts, and now we need to continue the work and that the entirety of the elements, particularly furnished by the other parties, are also put into place.”–Christine Lagarde, IMF

The IMF’s Christine Lagarde said, February 21, 2012, that the new loan deal is now going to be scrutinized by the IMF, and a decision to approve, or not, will be made by the second week of March!

Many Greeks believe their country is deliberately being destroyed economically.

…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!”

Business/Economics, International

World War 3: Iran makes Oil offer to European countries. But still; France, Britain No Oil For You!

Iran has made a new oil deal offer to European countries, except the countries of Britain and France: “They must know that our country is in a position which must be talked to and treated on equal standing and through mutual respect, and they must forget about their past empires and exploiting other countries.”-Ramin Mehmanparast, Foreign Ministry of Iran

For all other European countries Iran is willing to continue shipping oil to them if: “They…must sign medium, or long term contracts covering periods of three to five years….and ban….oil customers from unilaterally canceling their contracts.”-Ramin Mehmanparast, Foreign Ministry of Iran

Iranian officials say that by signing the long term contracts European countries could get a fixed price for Iranian oil.  If they don’t sign contracts, then no more oil for you: “We make decisions in our own country and we have sanctioned hostile states; if other countries do not specify their decision about long term oil contracts, Tehran will make a decision about them as well.”-Rostam Qassemi, Oil Minister of Iran

Iranian officials claim they don’t really need the European market, saying only 18% of all of Iran’s oil production goes to Europe.

Business/Economics, International, Technology, U.S.

What Economic Recovery? Mazda in trouble, needs $2.87 billion cash!

After announcing some very fuel efficient vehicles (which will not be sold in the U.S. for some reason), Mazda has announced that it needs at least $2.87 billion cash! (early reports from Japan said $1 billion)

For the year 2011, Mazda’s said it expected an annual net loss of about $1 billion (to be officially reported at the end of March).  It would make four years in a row that Mazda has lost big money!

To raise the billions of dollars Mazda needs, they’re issuing more stocks. Officials want to get $2.87 billion for the new stocks, but hope stock prices stay high enough that they would get at least $1.25 billion.  Also, Mazda plans to borrow more than $870 million, on top of the cash raised by stock issues!

Mazda needs the money to increase production, and build a new factory in Mexico.  The majority of Mazda’s new cars will be sold in South America, Australia and Asia, not in the United States.

Business/Economics, International, U.S.

Black Horse & What Economic Recovery? EU approves yet another bail out loan for Greece! Yet again it’s too little to do any good

Early morning February 21, 2012, European Union finance ministers approved a 130 billion Euro bail out loan for Greece.

However, on February 20, EU finance minister Johan van Overtveldt, said it would take at least 200 billion Euros!  Obviously this latest loan is not going to be enough, yet again!

Many Greeks are convinced they are being hit by a sinister plot to turn their country into a Third World nation.

…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!”

Fukushima

Government Incompetence: Japan’s own government experts blame the government for lack of response to nuclear disaster at Fukushima! Only 2 reactors now operating in Japan

Japan’s Nuclear and Industrial Safety Agency is being questioned by their own experts regarding the safety of nuclear reactors.  The Agency responded by censoring their own experts!

A publicized debate held by Agency experts was cut short, when it became clear that the consensus was that the government was accountable for the lack of response to the Fukushima Daiichi nuclear disaster, and that the current “stress tests” were also lacking.

The censorship happened specifically because of criticisms of the Agency’s approval of stress testing done at the Ohi nuclear plant.

Experts were pissed: “I feel deceived!”-Ino Hiromitsu, Professor Emeritus University of Tokyo

“The panel started to fully review plant safety to prevent another Fukushima!  Why are you rushing for a conclusion?”-Goto Masashi, Shibaura Institute of Technology

An official with the Nuclear and Industrial Safety Agency basically said they’re getting impatient, when he pointed out that the experts have already met eight times about nuclear safety.

Japan is now down to just two operating nuclear reactors, out of 54 total.  Most reactors have been shut down for routine maintenance and inspections, but, local governments are the only ones who can OK restart, and so far they all say ‘no way’.

Japan’s major industries rely on electricity from nuclear power plants.  Japan’s crashing economy is being caused in large part to its major industries struggling to operate with so little power plants on line.  The Nuclear and Industrial Safety Agency is probably being pushed to convince local governments to get those power plants back on line.