Tag Archives: debt

World War 3, Economic Front: California makes deal with China!

10 April 2013 (15:00 UTC-07 Tango)/29 Jumada l-Ula 1434/21 Farvardin 1391/01 Bing-Chen (3rd month) 4711

“California could get new investment worth hundreds of billions of U.S. dollars from China by the end of 2020.”-Wang Chao, China’s Vice-Minister of Commerce

The city of Shanghai, and the provinces of Jiangsu, Shandong, Guangdong and Chongqing have signed a $1.4 billion USD trade deal with the U.S. state of California.

It’s the biggest trade deal with any U.S. state.  It involves more than 70 California companies and at least 100 Chinese entrepreneurs.

 

World War 3, East Asian Front: South Korean TV broadcaster knocked off the internet!

10 April 2013 (14:40 UTC-07 Tango)/29 Jumada l-Ula 1434/21 Farvardin 1391/01 Bing-Chen (3rd month) 4711

ROK TV broadcaster, KBS, reporting that their website went offline, three times today. They do not know why.

World War 3, East Asian Front: South Korean bank paralized!

10 April 2013 (14:35 UTC-07 Tango)/29 Jumada l-Ula 1434/21 Farvardin 1391/01 Bing-Chen (3rd month) 4711

The ROK bank, NongHyup Bank, reporting that its internet banking service is paralyzed.  They do not know why.  Technicians are working at their operating system location in Anseong, they hope to have it solved before tomorrow.

Corporate Incompetence: Leaking inground ponds at Fukushima Daiichi versus above ground sealed tanks

10 April 2013 (02:13 UTC-07 Tango)/29 Jumada l-Ula 1434/21 Farvardin 1392/01 Bing-Chen (3rd month) 4711

Tokyo Electric Power Company has been ordered to stop using in-ground waste water ponds to store radiative water.  Three ponds are now leaking (several hundreds of tons so far) and some of the contamination includes strontium.

TEPCo said they used the in-ground ponds because they are not enough above ground steel tanks available to hold the massive amount of contaminated water coming from the damaged GE designed reactors.

TEPCo hopes to have new steel tanks delivered in the next few days.

 

 

 

World War 3, Economic Front: U.S. job losses & store closings 22 February 2013.

Hawaii’s Schofield Barracks furloughs 100 shipyard workers, pending federal government budget cuts. Also, the Pearl Harbor shipyard threatening to layoff 350 employees!

12 firefighters in Lorain, Ohio, now unemployed.  City officials blamed the expiration of a federal grant.

Giant City School District, in Illinois,  laid off 14 employees. School officials blame massive state funding cuts.  And after 30 years, Chiasso furniture store closed down in Chicago.  The owner blamed the bad economy.  Also, Chicago Public Schools wants to close two charter high schools. School officials say their budget is short $1 billion USD!

In New Hampshire, cable company MetroCast laid off 16 employees. The company will outsource (contract out) its installer positions, in an effort to make bigger profits.  And Hubbingtons Furniture closed their Hampton store. Operators blamed the property manager for making it not worth renewing the lease.

In Tennessee, Lincoln Memorial University refused to renew contracts for 13 teachers.  School officials blame declining graduate student enrollment.

In Plano, Texas, J.C. Penny laid off 300 more employees!  More layoffs are expected. Company officials refused to talk to local media.

In California, Abbott Vascular laid off another 450 employees! The cardiac and vascular care product maker laid off workers at their Temecula factory, and their French Valley distribution center. In 2012 they laid off almost 500 employees.  Company officials will only say they are trying to make the company more efficient. Also, the Fresno County Assessor’s office lays off 14 people, due to lack of funds.  In Mill Valley/Strawberry, the Ethan Allen furniture store closed down.

In North Carolina, recumbent bike retailer, Neighborhood Transportation, closed down.  The owner blamed health reasons.

After 23 years, Bonnie’s Place restaurant closed down in Michigan. The owners blame road/bridge construction for destroying 90% of their business.

In New York, the Wappingers Central School District says they must close down an elementary school.  School officials blame declining enrollment.

In Georgia, the Unity Elementary School in LaGrange could close. School officials say they need to save $4 million!

In Pennsylvania, Caterpillar tractors could close its York Distribution Center in Springettsbury Township.  250 employees would be affected!

Wausau Paper closing their Brainerd, Minnesota, factory. 130 employees affected! Company officials say the toilet paper competition is fierce.

Supermarket Marsh closing stores in Columbus and Marion, Indiana.  Company officials don’t want to renew the leases.

In Virginia, Weiman’s Bakery closed down in Richmond, with little notice.  The bakery supplied many restaurants, and many were left scrambling to find a new source of bread.  Local media said no reason was given for the closing.

Bay Hills Card and Gift Hallmark store closed in Maryland.  The owner opened the store in 1987, he says the bad economy did him in.

In Helena, Montana, Pet Town closed down after 30 years of operations. Local media said regular customers cried as animals in the store were shipped off.  The owner blamed the bad economy: “The last four years were just brutal!”-Dana Coil

World War 3, East Asian Front: China closes border! Multiple Missiles ready for launch!

10 April 2013 (00:29 UTC-07 Tango)/29 Jumada l-Ula 1434/21 Farvardin 1391/01 Bing-Chen (3rd month) 4711

China has closed a border crossing with North Korea: “Travel agencies are not allowed to take tourist groups to go there, since the North Korean government is now asking foreign people to leave.”-unnamed official with the Dandong Border Office

South Korean media reporting that military satellite imagery shows multiple ICBMs ready for launch in North Korea.  The missiles include short range Scud, medium range Nodong as well as the BM25 Musudan: “There are clear signs that the North could simultaneously fire off Musudan, Scud and Nodong missiles.”-unnamed ROK spokesman

World War 3, Gun Control Front: Man wounds 14 college students….with a craft razor!

09 April 2013 (15:17 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1391/29 Yi-Mao (2nd month) 4711

A college student decided to take out as many of his fellow students as he could, with a razor knife.

14 Lone Star College students were stabbed in Cypress, Texas.  12 hospitalized, two are in critical condition.

Police are calling the edged weapon and “unknown weapon”.  A witness called the “unknown weapon” an ‘X-acto’ type razor knife used in making crafts. Apparently the ‘mass shooter’ stabbed people in the neck.  (he must’ve had the type with multiple blades in the handle, oh no, now they are going to be banned)

I use those X-acto blades when I build my model kits.  Oh my god!   Am I going to have to go through a background check just to buy my crafts supplies?

You know if one of those students had a gun…….

 

World War 3, East Asian Front: South Korea accuses North of psyops! U.S. will not shoot down missile!

09 April 2013 (14:35 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1391/29 Yi-Mao (2nd month) 4711

“We believe that foreigners in South Korea as well as our nationals will be unfazed as they have great confidence and trust in our military and the Republic of Korea.”Kim Haing, ROK presidential spokeswoman

Officials in Republic of Korea say the DPRK’s warning that foreigners should leave South Korea is nothing more than psychological warfare.

And in front of the U.S. Congress, the commander of U.S. Pacific Command, Admiral Samuel Locklear, said that U.S. forces would shoot down a DPRK missile if it was targeting the United States or an ally.  But, he “would not recommend” shooting it down if it is truly a test launch that does not target anyone.

Corporate Incompetence: For the third time in four days, another radiation leak at Fukushima Daiichi!

09 April 2013 (02:26 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1392/29 Yi-Mao (2nd month) 4711

Tokyo Electric Power Company has just discovered another contaminated water leak in a third waste water pond. This is the pond they’ve been transferring radioactive water (including strontium) into, from two other ponds that are leaking.

TEPCo had also testified before government officials as to why the ponds/in-ground open air tanks were leaking, before they discovered the third leak.  TEPCo officials told the Japanese government they were creating an emergency task force to investigate the growing number of accidents and incidents.  They don’t know why the massive in-ground tanks are leaking.

Between all the leaks more than 120 tons of contaminated water has spilled out.  The third pond was only 55% full when it started leaking.

 

World War 3, East Asian Front: North Korea warns all foreigners in South Korea to leave! South Korea asks banks to suspend collection of debts from capitalist KIR companies!

09 April 2013 (02:11 UTC-07 Tango)/28 Jumada l-Ula 1434/20 Farvardin 1391/29 Yi-Mao (2nd month) 4711

The Democratic People’s Republic of Korea is warning all foreigners in South Korea to prepare to evacuate: “The committee informs all foreign institutions and enterprises and foreigners including tourists in Seoul and all other parts of South Korea that they are requested to take measures for shelter and evacuation in advance for their safety.”-DPRK Asia-Pacific Peace Committee statement

In the Republic of Korea, the Finance Supervisory Service (FSS) has asked South Korean banks to hold off on collecting debts from the capitalist companies working in the now closed Kaesŏng Industrial Region (KIR).