Tag Archives: crime

Fukushima

Global Food Crisis: 80% of damaged Japanese farmland unusable in 2012!

The Japanese government announced that it hopes to restore farmland damaged by salt contamination, caused by the March tsunamis.  However, only 20% will be restored in 2012, leaving 80% unusable.

Most of that farmland is in Fukushima, Miyagi and Iwate Prefectures.  Those prefectures make up one of the largest agricultural areas of Japan.  About 20,500 hectares (50,656 acres) were destroyed by the sea salt.

The Agriculture Ministry says it will take at least three years to restore the farmland, and that does not count the land in highly radioactive areas around the damaged Fukushima Daiichi nuclear plant.

It’s interesting that the earthquake, tsunamis and ongoing nuclear disaster hit one of Japan’s biggest areas for agriculture and fishing.

 

Business/Economics, Idaho, U.S.

Corporate Evil: Sears & Kmart connected to Romney’s Bain Capital! Bain Capital working with Carlyle Group!

News reports have been revealing that the Mitt Romney co-founded Bain Capital (and its affiliates) are behind many of the huge job layoffs in the United States, since the late 1980s.

Turns out that Bain Capital could be involved with the problems at Sears and Kmart!!!

In 2005, Vornado Realty Trust bought 7.5 million shares of Sears Canada. Vornado was also involved with Bain Capital in taking over Toys “R” Us, which  took over KB Toys resulting in 3,400 jobs lost.

Vornado also backed the take over of Sears by Kmart in 2005, leading to the creation of Sears Holdings Corporation.

Part of the recent list of Sears/Kmart store closings showed that several Sears stores were being converted into Kmart stores.  Is this just a Bain Capital inspired conspiracy to shut down Sears?

In another posting I showed how the demise of KB Toys, and the take over of Toys “R” Us, were part of the Mitt Romney style of ‘investing’ which results in net job losses.

In the early 1990s, Bain Capital, along with a company called Acadia Partners, bought the Coldwell Banker subsidiary from Sears.

Here’s the scary thing. In the short time I researched Romney’s creation, Bain Capital, it became clear that the so called investment company is involved in almost every corporation in the United States!

Bain Capital, along with dozens of other so called investment companies (including the infamous Carlyle Group) are systematically taking over and shutting down businesses in the United States.  Those shut downs are not based on the true performance of those companies, but on the personal desires of those involved in the so called investment companies (as I tried to explain in a previous posting). And it’s all about the money.

Of interest is the fact that Bain Capital’s 13F-HR filing, for June 2011, shows that it owns stocks in only five companies!  Their 13F-HR statement says those five companies make up 100% of their stock holdings. Pretty pathetic for such a prolific investment company!

Political Incompetence & Corporate Evil: CHRISTIAN/MORMON MITT ROMNEY CO-FOUNDED BAIN CAPITAL, WHICH HAS BEEN DESTROYING JOBS SINCE 1984! DESTROYED JOBS IN CHUBBUCK, IDAHO. DEMISE OF KB TOYS CONNECTED TO TOYS “R” US

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

Political Incompetence & Corporate Evil: Christian/Mormon Mitt Romney co-founded Bain Capital, which has been destroying jobs since 1984! Destroyed jobs in Chubbuck, Idaho. Demise of KB Toys connected to Toys “R” Us

“Mitt Romney’s history at Bain Capital is not going to help his image as a job creator.  Now, we want to disclose that NBC Universal and Bain Capital are each a part owner of the Weather Channel.  Bain Capital’s main business model is buying companies like American Pad and Paper and restructuring [industry code for ‘slash and burn’] them.  In many instances, Bain turned a profit by strip mining these companies.  American,  AMPAD is what it’s known, the stock was driven down [on purpose by Romney, I explain a little further in the article] and the company went bankrupt.  They fired hundreds of workers along the way.”-Ed Shultz, MSNBC

MSNBC is admitting that a company affiliated with NBC, Bain Capital  co-founded by Mitt Romney, has been destroying jobs, not creating jobs as Romney claims.

In 1984 Romney co-founded Bain Capital, which grew out of Bain & Company.  The soul purpose of the company is to buy out other companies, then gut them and sell them off piece by piece. Of course this means jobs are destroyed.

Interestingly, back in October, MSNBC’s Ed Shultz actually downplayed Romney’s connection to Bain Capital.  He and some of his guests, stated that a photo published in the Boston Globe was fake: “…it’s probablly a joke photo.”

Now Ed Shultz is backpedaling.  He, along with other MSNBC anchors and reporters, are revealing that Bain Capital has been behind many of the job loses in this country since the late 1980s!

The New York Times reported that Romney left Bain Capital in 1999, but, as part of his ‘retirement package’ is making money off their continued slashing and burning of U.S. jobs.  According to the article, Romney, 13 years after leaving Bain Capital, is still making millions of dollars off his retirement package!

old kb toys pine ridge mall

Former location of KB Toys, Pine Ridge Mall, Chubbuck, Idaho

Anybody remember KB Toys? I do. I was an employee of the Chubbuck, Idaho, Pine Ridge Mall at the time they closed down the KB Toys store in that mall. By 2004 KB Toys went bankrupt and 3,400 people lost their jobs! Guess what, one of Bain Capital’s affiliated companies was behind that!!!

pine ridge mall

Fading Pine Ridge Mall, Chubbuck, Idaho

Oh, and what about Romney’s connection to Massachusetts? Romney ‘retired’ from Bain Capital in 1999.  The Bain Capital partnership took over KB Toys in 2000.  KB Toys is headquartered in Pittsfield, Massachusetts. Romney became governor of Massachusetts in 2002.  In 2003 the Bain Capital partnership started shutting down KB Toys stores. Mmmm, connection?

Here are some more examples of deals that resulted in job losses at the hands of Romney’s Bain Capital (and affiliated companies like Holson Burnes Group): Clear Channel Communications, 2,500 job cuts.

Photo album factory in South Carolina, 150 jobs lost.

Sensata Technologies, a European company with U.S. operations, several hundred U.S. employees lost their jobs.

American Pad & Paper, or AMPAD, lost 185 jobs.

The case of AMPAD reveals how Romney’s Bain Capital works.  They buy up companies in the same market, then they whittle them down until there is only one or two in the market, who then become big money makers by default.  AMPAD’s competitor was Staples. Romney touts Staples as a good example of his management skills, but what the Boston Globe found out (and reported in a 2007 article) is that Romney simply bought out competitors and shut them down until Staples was just about the only game left in town.

Now how about the KB Toys deal? KB Toys and Toys “R” Us were the top toy stores in the United States.  A company connected to Bain Capital buys out KB Toys and shuts them down.  What about Toys “R” Us? Yes there’s a Bain Capital connection.  In 2005, one year after the KB Toys bankruptcy, Toys “R” Us was taken over by KKR Group, Vornado Realty Trust and Bain Capital for $6.6 billion!  In 2009 Toys “R” Us takes over what is left of KB Toys; website, trademarks, and intellectual property rights.  Mmmm, you seeing the pattern?

This goes against the principle of the free hand of capitalist competition.  The jobs lost because companies went out of business were not actually due to any ‘poor’ performance of the employees, or lack of sales, but because the ‘investors’ Romney & Co wanted it that way!

Also, Bain Capital works the same way the rest of Corporate America does, they don’t use their own money to take over companies, they take out huge loans from the too big to fail banks that got taxpayer bailouts!

One report said Romney’s “investments” have resulted in at least 12,000 U.S. jobs lost!  It’s probably more than that, the way Bain Capital and affiliated companies shut down businesses does not result in net jobs gained, but net jobs lost!  Anybody remember Oliver Stone’s 1987 movie Wall Street?

Opinion: MITT ROMNEY CONSTITUTIONALLY INCOMPETENT. RELIGION BASED MARRIAGE LAW WILL VIOLATE CONSTITUTION.

Washington DC BS: MITT’S MYSTERY MONEY NOT EXPLAINED BY LATEST ADMISSIONS

Fukushima

Global Food Crisis and Government & Corporate Incompetence: Fish catch down 70% off the coast of Fukushima, U.S. FDA misleads!

Fish catches, off the coast lines of Fukushima, Miyagi and Iwate Prefectures, is down 70%.  That’s from the beginning of April 2011 to the beginning of October 2011, compared to the same time last year.

Those three prefectures are the main fishing grounds for the local Japanese fishing industry.

The reasons are a combination of tsunami damage to ports (especially Miyagi, which was literally wiped out), and radiation contamination caused by Fukushima Daiichi nuclear power plant.  Most fishermen had voluntarily stopped fishing over radiation concerns, but some continued to fish, only to find out a lot of their catch was contaminated after it arrived at fish markets.

Contrary to the reassuring statements on the U.S. FDA website, there is no standardized Japanese government testing of fish (or any food product) for radiation contamination. Most contamination was (and still is being) found by private citizens groups, or local governments who acted on their own volition.

Business/Economics, U.S.

What Economic Recovery? Rick Snyder proves who he works for; Corporate America, not you! Unemployed workers are screwed over while Corporations get more tax breaks!

Tied for “Most Unpopular Governor in the United States”, Michigan Governor Rick Snyder, along with the State’s Legislature, proved who they really represent; Corporate America.

For 2011 Synder has signed into law, bills passed by Michigan’s lawmakers, which favor corporations and attack unemployed people!

Those laws cut unemployment assistance from a maximum of 26 weeks down to 20 weeks.  Some unemployed people will get only a maximum of 10 weeks of assistance!!!

At the same time corporations operating in Michigan now get at least $1.7 billion in new tax breaks!!!  That about $30 in new corporate tax breaks for every one dollar cut from Michigan’s social services.

If you think about it, how is cutting corporate taxes by far more than what you cut from government programs gonna help the state government’s budget problems?

 

 

Fukushima

Government & Corporate Incompetence: Fukushima to be turned into giant nuclear waste dump!

Struggling to figure out what to do with the ever increasing nuclear waste, caused by the Fukushima Daiichi nuclear disaster reactors, the Japanese government has decided to dump it in Fukushima.

The county of Futaba, in Fukushima Prefecture, is being asked to allow eight of its cities to become nuclear waste dumps.  The official reasoning is that area is already contaminated (currently it suffers the equivalent of 100 millisieverts of radiation per year).

Of course this would mean that those people still living in the area would have to leave, and the national government will pay for occupying the land.

Many people in the area are upset, and disillusioned with their national government, because immediately after the March nuclear accidents, they were told, by national government officials, that the situation wasn’t that bad and they would all be returning to their homes soon.

Fukushima

Government Incompetence: Japanese trees now highly radioactive, a new twist on pollen allergies!

Japan’s Forestry Agency tested male cedar tree flowers, in Fukushima Prefecture, and discovered extreme levels of contamination: More than 250,000 becquerels per kilogram of radioactive cesium!

The forestry Ministry took samples from 87 locations between November and December.  The highest level, 253,000 becquerels of cesium per kilogram, were discovered at Omaru in the town of Namie, 11.3 kilometers (7 miles) from the damaged Fukushima Daiichi nuclear plant.

Now realize that pollen is blown through the air, meaning highly radioactive pollen is blowing throughout Japan!

Japan’s Environment Ministry says as much as 2,207 grains per cubic meter, of radioactive pollen, is being blown around. However, the Forestry Ministry is trying to downplay the spread of radiation through pollen, by saying if people breath it for 4 months they would be exposed to 0.553 microsieverts of radiation.  Officials claim this is equivalent to ten times the normal background radiation found in Tokyo.  Mmm, they’re not concerned with that?

 

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

Corporate Incompetence: Dairy company continues to produce products with toxins, despite repeated fines

“A stained history means the company has problems in its professional ethics, so we shouldn’t trust it anymore.”-Fang Zhouzi, blogger

Milk products containing aflatoxin continue to be found on store shelves, despite the company’s claim that they destroyed all their tainted dairy products.

Aflatoxin builds up in your body and causes liver cancer, it can not be eliminated by pasteurizing!  It can be the result of cattle feed that’s been stored for too long.

The company involved is Mengniu Group, in China. It has a history of producing contaminated dairy products. In 2009 the company was involved with the melamine contamination incident (melamine is used mainly in construction, but it turns out that dairy companies have been using it to artificially increase their products’ protein levels. It was discovered that in the U.S. the FDA had no standards for melamine used in food).

“If the company carried out checks and didn’t find a problem, then their case is suspect.”-Wang Dingmian, Guangzhou Dairy Association

Over the past weekend, several Chinese customers were suspicious of the milk they bought and had it tested. It all turned out to be contaminated with aflatoxin.  This happened after the Mengniu Group said they destroyed all tainted dairy products.

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

World War 3: Finland seizes U.S. made Patriot missiles, Germany says legitimate cargo bound for South Korea

“We have impounded the explosives and missiles and asked the Defense Ministry to transport and store them.”-Petri Lounatmaa, Finnish Customs

Finland has cleared an Isle of Man (a British Crown Dependency) registered ship, but only after taking the 69 Patriot missiles and 160 pounds of explosives.

German officials are upset. They claim the missiles came from German inventory, and were properly declared for shipment to South Korea.  Finnish officials basically say Gemany is lying: “Of course, there are legal transports of weapons or defense material (through Finland), but in this case the cargo was marked as containing fireworks. That is quite unusual.”-Paivi Rasanen, Interior Minister of Finland

Finnish port authorities say the 160 pounds of explosives, mainly picric acid (a nitrate based explosive which is also used in fireworks),  were stacked on pallets fully exposed to the elements.  Knowing what it was they began to open crates and that’s when they found the Patriot missiles.  The missiles were in crates marked “fireworks”!

The Finnish government has properly stored the explosives along with the missiles.  Finland is keeping the missiles and explosives, pending further investigation.

The ship, M/S Thor Liberty, is free to sail, but the 11 crew, including the captain, are in custody: “She can sail, but customs is still holding the cargo and the (detained) crew isn’t allowed to leave Finland.”-Markku Koskinen, Port of Kotka

 

International, U.S.

NAZI-land & Military crimes: 8 U.S. soldiers murdered a fellow soldier in Afghanistan, tried to make it look like suicide, second case of ethnic cleansing within the U.S. military in Afghanistan

Danny Chen, a 19 year old infantryman assigned to Company C, 3rd Battalion of 25th Infantry Division, in Afghanistan, died on October 3, 2011.  Initial reports said he shot himself in the head.

Now the U.S. Army has charged eight U.S. soldiers in connection with Chen’s death: 1st Lt Daniel J. Schwartz, Staff Sgt Blaine G. Dugas, Staff Sgt Andrew J. Van Bockel, Sgt Adam M. Holcomb, Sgt Jeffrey T. Hurst, Sgt Travis F. Carden, Spc Thomas P. Curtis and Spc Ryan J. Offutt.

They are charged with dereliction of duty, maltreatment, involuntary manslaughter, assault consummated by battery, and reckless endangerment.

But get this, the U.S. Army would never had investigated if it wasn’t for Chen’s hometown of Chinatown, in New York City! The Asian community demanded the Army investigate.

The U.S. Army investigators discovered that Chen was subjected to physical abuse and ethnic slurs, because he’s ethnically Chinese.

This is the second such case. The first involved the death of Harry Lew, a U.S. Marine from California.  Lew was subjected to brutal hazing in Afghanistan.  The USMC quietly court martialed Lew’s attackers in October of this year.