Tag Archives: economy

U.S.

NAZI-land & the United Police States of America: Obama signs National Defense Act, now U.S. military can be used as police forces within the U.S., you could go to prison for life just for being suspected of being a terrorist, all in the name of National Security

“If you’re an American citizen and you want to help…destroy your own country, here is what’s coming your way.”- Lindsey Graham, U.S. Senator from South Carolina

January 1, 2012, welcome to the new NAZI-land: The United Police States of America!  On December 31, President Barack Obama (the BS Peace Prize winner) quietly signed into law the National Defense Authorization Act for Fiscal Year 2012.

“This is a giant step, this should be the biggest news going right now, literally legalizing martial law…This is big. This step where they can literally arrest American citizens and put them away without trial….is arrogant and bold and dangerous.”–Ron Paul, U.S. Representative for Texas

The 2012 Defense Act gives the President of the U.S. (regardless of who is President) the authority to use active duty military forces to police the United States, in the name of fulfilling the September 18, 2001, Authorization for Use of Military Force law.  That law, signed by former President Bush Jr, was essentially a Congressional order given to the office of the President to conduct a War on Terror, after the September 11, 2001 attacks.

So, this new Defense Act not only provides the Defense Department with more than $600 billion in taxpayer dollars, but it expands the 2001 Authorization for Use of Military Force law to inside the United States.

It would “…permit the federal government to indefinitely detain American citizens on American soil, without  charge or trial, at the discretion of the President.”-Justin Amash, U.S. Representative from Michigan, one of five House Republicans who voted against the bill

It allows the government to imprison anyone that is suspected of being a terrorist, indefinitely, without being charged or tried in a court of law!  The clause in the new law is the old fail safe for control freak elitists who run this country: “National Security”.

President Obama (a graduate of Harvard Law School) claims he will not use the new law in an arbitrary way: “…I want to clarify that my Administration will not authorize the indefinite military detention without trial of American citizens. Indeed, I believe that doing so would break with our most important traditions and values as a Nation. My Administration will interpret section 1021 in a manner that ensures that any detention it authorizes complies with the Constitution, the laws of war, and all other applicable law.”

Happy New Year!

 

Business/Economics, Idaho, U.S.

Some Hope for 2012: East Idaho finally gets its first two Carl’s Jr! Part of 51 store expansion!!!

December 31, 2011, and I just ate at the first Carl’s Jr burger joint in eastern Idaho! Love those Western Bacon Cheeseburgers (been eating them since the early 1980s!), and those luscious teriyaki burgers!

No more finding excuses to travel more than an hour to get Carl’s Jr.  Although I still have to drive 45 minutes to Idaho Falls, but pretty soon, I hope, there’s gonna be Carl’s Jr in the Pocatello area.  That’s according to a 2008 press release.

carl's jr

New Carl's Jr Resturant, Grand Teton Mall, Idaho Falls

One of the new east Idaho Carl’s Jr is located in the Grand Teton Mall parking lot, across from the Barnes & Noble.

There is a second Carl’s Jr in Idaho Falls, located at the intersection of Holmes and Northgate mile. I think they were a little overwhelmed; they were out of large size cups, and they just ran out of five dollar bills on the day I tried them out.

According to a 2008 press release eastern and southeastern Idaho will get five more Carl’s Jr by 2014.  The new restaurants will be spread from Pocatello to Idaho Falls.

carl's jr

Carl's Jr, Idaho Falls, Idaho

The new restaurants are part of a huge expansion by California based Carl’s Jr.  In December, 2008, Carl Karcher Enterprises announced they signed franchise deals for 51 new stores!  Those new stores will be concentrated in Nevada and Idaho.

East and southeast Idaho will get a total of six restaurants, southern Idaho (Twin Falls area) will get three, and the Boise area (southwest Idaho) will get three more on top of the stores already there.

I noticed east Idaho’s local media paid no head to the new Carl’s Jr, but was all over the new Chick-fil-A (I’ve eaten at a Chick-fil-A in Georgia, never again).

Mmmm, how many Chick-fil-A stores will open in east Idaho, oh just the one in Ammon? (I checked Chick-fil-A’s list of future store openings) Lets see, Carl’s Jr opening a total of six stores in east and southeast Idaho (as well as new stores in south and southwest Idaho), I can see who’s gonna be helping the local economy more.

(By the way you can print off coupons from the Carl’s Jr website)

Business/Economics, International, U.S.

What Economic Recovery? Foreign banks dumping U.S. Treasury Bonds

Late on December 30, the U.S. Treasury announced that the dumping of U.S. bonds, by foreign banks, continues and is accelerating.

Back in September the Treasury revealed a $56 billion drop in U.S. Treasury holdings by foreign banks, resulting in a 10 year yield of only 1.67%, the lowest yield since 1945!

Now, for December, an even bigger drop, by $69 billion!!! The result is that the 10 year yield on U.S. Treasuries ended 2011 below 1.9%.

Treasury Department officials also admitted that if it wasn’t for Japan buying up U.S. dollars and other Treasury securities (in August and October), the drop in 2011 foreign holdings would be even bigger!

And this despite the Treasury’s attempt to increase sales through their Operation Twist.  Operation Twist basically exchanges long term bonds for shorter term bonds.

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

Corporate Incompetence: Voting with your wallet works; Verizon reverses $2 fee, GoDaddy does one eighty on SOPA

A day after announcing a $2 one time bill payment credit/debit card fee, Verizon reversed course after being flooded with thousands of complaints, and threats to cancel service.

However, Verizon officials are keeping such a fee in mind for the future: “At Verizon, we take great care to listen to our customers. Based on their input, we believe the best path forward is to encourage customers to take advantage of the best and most efficient options, eliminating the need to institute the fee at this time.”– Dan Mead, Verizon CEO

GoDaddy has been losing domain names ever since it voiced support for SOPA (Stop Online Piracy Act).  According to one source, 32,000 websites, in 36 hours, were transferred away from GoDaddy’s service. Keep in mind GoDaddy lost thousands of domain names even after they publicly reversed course, now officially opposing SOPA!

One reason that GoDaddy is still losing customers is because it’s involved in rogue website/domain lawsuits, in which federal courts have been using GoDaddy to hold web sites that’re being challenged in court.  Most of those sites are being transferred, by court order, from Google and Yahoo to GoDaddy.  In many of these cases the accused never have their day in U.S. courts because they live in another country.

The lesson is that consumers, like voters, must never let their guard down.  Corporate America is not working for your best interest, they’re working for their best interest.

 

Business/Economics, International, U.S.

World War 3: Egyptian police discover evidence of U.S. plot to destabilize their country, pro-U.S. Egyptian Army interferes

“The Secretary expressed his deep concern about the raids that took place on December 29 on the offices of American and other NGOs.”–George Little, Pentagon

On December 29, Egyptian police and court officials raided several non-governmental organizations (NGO), many supported with taxpayer dollars from the United States, on grounds they’ve been funding civil unrest in Egypt.

However, Egypt’s pro-U.S. military government stopped the raids after getting phone calls from U.S. Secretary of Defense Leon Panetta, and U.S. Ambassador Anne Patterson.

“…all international NGOs, including those that receive U.S. government support, (to) be able to return to normal operations as soon as possible…”-Victoria Nuland, U.S. State Department

The military government of Egypt has demonstrated they are the puppet of the United States, by their quick kowtowing to U.S. demands concerning U.S. taxpayer funded NGOs.

Business/Economics, U.S.

Corporate Deception: Mitt Romney’s Bain Capital gives campaign money to Romney and Barack Obama

You’d expect the company that Mitt Romney co-founded to fund his presidential campaign, but not to fund President Obama’s re-election bid, but that’s what is happening.

It’s been revealed that between January and September 2011, employees of Bain Capital officially gave Mitt Romney $84,500, and, they gave Barack Obama $27,500!

Not only that but so far this year, Bain Capital employees donated $123,200 to the Democratic National Committee.  Interestingly they’ve not donated any money to the Republican National Committee.  However, they did donate to a pro-Romney super PAC; $1.25 million!

To be sure, employees of Bain Capital, and other affiliated companies, have sent 75% of this years election campaign donations to the Republicans.  But, in the 2008 campaigns two thirds of their money went to Democrats!  Mmmm.

They say follow the money to get your answers, so if it matters who and where a presidential candidate gets their money from then it looks like Mitt Romney will be President.   After all, Bain Capital & Co supported Obama and the Democrats more than Romney in 2008, now it’s the other way ’round.

This is just more evidence that ‘our’ leaders are just two sides of the same coin.

Donation amounts compiled by the Center for Responsive Politics.

Corporate Evil: SEARS & KMART CONNECTED TO ROMNEY’S BAIN CAPITAL! BAIN CAPITAL WORKING WITH CARLYLE GROUP!

 

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

Corporate Incompetence: 20 cases of cancer linked to breast implants, involving more countries, former company president gone missing now wanted by police, insurance companies suing

“We are faced with a health crisis linked to a scam. The whole profession is aware of it.”-Laurent Lantieri, plastic surgeon

The case of Poly Implant Prosthesis (PIP) is spreading to other countries, and several cancer cases could now be linked, and insurance companies are now suing. 

More than 300,000 women, in 65 countries including France, Italy, Spain, U.K., Venezuela, Brazil, Germany and Ukraine could be affected by the PIP silicon breasts.  At least 1000 women in France had their implants rupture.

PIP filed for bankruptcy after they were sued in British court, and lost.  Then it was revealed they were using industrial silicon, instead of medical grade silicon, in their breast implants.  But now important company documents, along with the company’s founder, Jean-Claude Mas, have gone missing and Interpol is looking for them.

In 2010, at least one case of a woman who died from cancer, was being investigated as murder because of her PIP implants.  On December 30, 2011, the French government revealed that at least 20 cases of cancer can be directly linked to PIP: “…there were three cases of lymphoma, 15 cases of breast adenocarcinoma, the most common form of breast cancer, one case of adenocarcinoma of the lung, and one case of acute myeloid leukemia.”-French Health Products Safety Agency

The government of Italy has ordered doctors and hospitals to report women who have PIP made implants.  Brazil and the United Kingdom are telling women with PIP implants to get checked up right away.  Brazil has banned the use of PIP products. France’s National Health Insurance Fund is now suing.  Venezuela’s government says it will pay for removing PIP implants.  In 2000, the U.S. FDA banned PIP products from the being used in the United States.

In a perverted twist, Jean-Claude Mas’s son and daughter have filed papers to create a new silicon implant company, and they list their father as an official consultant.  I wonder if Interpol knows.  The new company is scheduled to open in June 2012.

 

 

 

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, International, Technology, U.S.

What Economic Recovery? More trouble for Idaho’s Hoku polysilicon factory, looks more and more like the deal is off!

“If service is terminated, these high value systems may freeze, causing irreparable and material damage to Hoku’s plant assets. Any damage would need to be repaired, at additional cost, prior to continuing with the commissioning and operation of the plant.”-Hoku Corporation complaint to Idaho Public Utilities Commision

“The fact of the matter is, Hoku has missed a payment it owes to Idaho Power and has failed to provide….any assurance that such a payment will be forthcoming. Idaho Power has concerns that if the commission allows the Hoku complaint to run the usual course….Hoku could potentially become millions of dollars delinquent in amounts it owes.”-Idaho Power response

Pocatello, Idaho’s, polysilcon factory, run by Hoku Materials (which is a subsidiary of Hoku Corporation, which is 60% owned by China’s Tianwei New Energy Holdings Company Limited) has run into trouble with Idaho Power, again.

Hoku failed to pay its electric bill, and Idaho Power says it will discontinue service.  Hoku was served with the disconnect notice on December 22.  This is not the first time Hoku has had trouble with their electric bill.

Earlier this month, Chinese media reported that Hoku had started operations, but now it’s clear that was just wishful thinking by Tianwei New Energy Holdings Company Limited.  The Chinese claim was based on Hoku CEO Scott Paul saying things were ready to go back on November 21.

This just adds to the ever growing problems with Hoku:  Their CFO resigned, they lost nearly $8 million in their last reporting quarter, they had to sell majority shares to Chinese companies (as well as take Chinese loans) to raise enough money to finish construction of their factory, and the ongoing tit for tat trade war between the U.S. and China (involving U.S. made polysilicon and Chinese made photo voltaic products) could mean curtains for a company that has hundreds of people in the Chubbuck/Pocatello area hoping to get a job with Hoku.

GLOBAL ECONOMIC WAR: IDAHO POLYSILCON PRODUCER, HOKU, QUIETLY STARTS OPERATIONS,  LOSES MILLIONS OF DOLLARS AGAIN

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