Tag Archives: economy

United Police States of Incompetent America: 28 TSA guards fired in Hawaii, proof that the TSA is a waste of tax dollars

September 19, three TSA guards quit, and the Transportation Security Administration fired 28 other guards, as well as suspending another 15.

This after an investigation was started back in 2010.  TSA guards assigned to the morning shift allowed checked bags to be loaded onto flights without being screened for explosives, at Hawaii’s Honolulu International Airport.

This proves that the government is not only incompetent, but that the people of the U.S. don’t need the tax money sucking TSA!!!

World War 3: Russia acusses the U.S. led NATO of recruiting al Qaeda to invade Syria

We have information that NATO headquarters in Brussels and the Turkish High Command are in fact drawing up plans for the first military step into Syria.  And we also know that NATO is in fact recruiting mujahedeen and jihadists to assist them in their campaign in these various countries.”-Michel Chossudovsky, Center for Research on Globalization

Members of Russia’s upper house of Parliament are currently on a fact-finding mission to Syria.

Russian officials believe outside forces (U.S., Europe, anti-Ba’athists al Qaeda, etc) are trying to destabilize Syria by funding and supporting an armed insurrection, which does not represent the majority of Syrian society.

Many Russian officials believe that any outside military intervention in Syria would immediately lead to escalation involving Israel, Lebanon and Iran.  Israel has already threatened as much. Russian companies have lost tens of billions due to U.S. led invasions of Afghanistan, Iraq and Libya.

What Economic Recovery? China invests billions into America’s backyard, the U.S. is no longer a beacon of Hope

“China represents hope for the poorest nations of the world and its impressive development springs from its own resources…not exploiting or pillaging other nations.”-Orlando Hernandez Guillen, Cuban Vice Minister of Trade and Investment

China is fast replacing the influence of the United States on Caribbean countries.

“China has become an important source of foreign direct investment for us.”–  Edmund Bartlett, Jamaica’s Tourism Minister

The China Development Bank will issue U.S.$1 billion in loans to countries like Cuba, Jamaica, Barbados and the Bahamas.  China has already invested billions in Caribbean countries in recent years.

China buys nickel, sugar and other products from Cuba, and Cubans buy Chinese made cars.

China is planning to invest more than U.S.$400 million to revive a beachfront resort project in the Dominican Republic.

The Chinese are helping Jamaica build new ports, a conference center, highway projects and a cricket stadium.

If anybody remembers the Cold War, or knows that history, they would know that there was a time when the U.S. government would not tolerate Chinese involvement in “America’s backyard”.

 

What Economic Recovery? U.S. citizens smuggling drugs in and out of Mexico

A month ago it was revealed that U.S. citizens have been smuggling prescription drugs into Mexico.  Arrests have included doctors!

Now, Mexican army officials say U.S. citizens are smuggling marijuana out of Mexico into the U.S.

They say U.S. citizens are bringing Meth into Mexico, and on their return trip they take out marijuana.  Captured drug lords say U.S. border patrol agents don’t suspect U.S. citizens, and many people in the U.S. are desperate to make extra money!

Government Incompetence: Japanese Police finally uncover illegal immigrant operations, hiding in plain sight, Americans need not apply

In order to fight illegal immigration Japanese police decided to check out all those free classified ads newspapers.  They should’ve looked sooner!

40% of free newspaper ads, in Japan, are geared towards inciting illegal immigration. The number one type of add offers illegal employment, while the number two type of add offered illegal marriage as a way to stay in Japan.

The search of free newspapers involved just 58 publications, not really a lot when you think about it.

So which nationality was the most sought after?  Not people from the United States, that’s for sure, they’re looking for people with money.  The top four requested illegal immigrants in Japan are Chinese, South Koreans, Brazilians and Filipinos.

 

Global Economic War: Suzuki wants out of deal, VW could seek hostile takeover

There’s been a lot of news about a possible break up of the merger between  German VolksWagen and Japanese Suzuki.  Last week Suzuki demanded an end to the deal, but VW officials say there’s no way they’re gonna sell their stake in Suzuki.

Now, Der Spiegel says not only is VW not gonna sell it’s Suzuki stocks, but it’s looking like they’re going for a hostile takeover!

Currently VW holds 19.9% stake in Suzuki, and under current contract could acquire a majority holding.  But, under the current contact the same could be true for Suzuki taking over VW.

Such takeovers would require the consent of whoever is being taken over.  Right now Suzuki wants out.  Also, in the recent past VW officials say it’s become obvious that something was lost in translation concerning the partnership.

Originally VW officials thought Suzuki wanted German hybrid technology.  VW thought it was a good opportunity to get into the booming Indian car market, because Suzuki already had a strong presence in India.  Apparently that’s not what Suzuki had in mind.

 

 

Global Economic Class War: City of God issues its own money, fights back against U.S. led multi-national corporations

“If we empower the economically marginalized grassroots network and build social capital, poor people will leave poverty.”-Paul Singer, Brazil’s National Secretary of the Solidarity Economy

In the impoverished Brazilian suburb of Rio de Janeiro, known as the City of God, the residents are taking economic measures into their own hands.

On September 15, they opened their own community bank called, City of God Communitarian Bank.  Not only do they have their own bank, but they’re issuing their own money.

The new bank is part of the Brazilian Network of Communitarian Banks, which was started by former President Luiz Inacio Lula da Silva in 2003.  It’s based on a growing international form of banking for lower income people.

One of the radical ideas of this new international bank, is that local banks issue their own local currency, to be used only for locally enrolled businesses. The idea is to develop strong local economies, to counter the destructive power of U.S. led multi-national corporations.

What Economic Recovery? Germans join International Day of Rage, everyone lets join the Pirate Party!!!

September 18, several thousand of Germans hit the streets of Berlin, protesting the lowering of wages: “Higher wages lead to more purchasing power. This would strengthen the economy. The government’s policies are counterproductive.”-German protestor

Germany is supposed to be doing well economically, but tell that to the average German worker: “My husband was a coal miner for 38 years. Now he is at home and seriously ill, but of his pension there is hardly anything left after paying the rent, electricity, water and the medicine he needs.”-German protestor

At least one third of Germans are threatened by old-age poverty as unemployment, part-time or mini-jobs in a growing low-wage sector will lead to lower pensions in the future.  This is a trend that’s happening all around the world.

There’s even a new political party gaining strength in Germany; the Pirate Party: “This is a situation in all countries. The gap between rich and poor becomes greater and otherwise we are in a critical situation of finance and economic system in the world. Therefore we need new ideas to solve these problems.”– Alexander Spiess, Pirate Party candidate

U.S. investigates Israeli banks, helping wealthy U.S. citizens avoid paying taxes

September 17, the U.S. Department of Justice is investigating Israeli banks, for helping wealthy U.S. citizens avoid paying their fair share in taxes.

At least three of Israel’s largest banks, Bank Hapoalim, Bank Leumi le-Israel BM and Mizrahi-Tefahot, are being investigated.  The have accounts in Switzerland.

It’s estimated that thousands of wealthy U.S. citizens are using such accounts to hide their incomes from the Internal Revenue Service.

In a 2009 settlement, UBS, paid a U.S.$780 million fine, after admitting to helping U.S. tax evaders.

What Economic Recovery? New York City Mayor says get ready for riots

September 17, New York City Mayor Michael Bloomberg issued a warning for all the United States: “We have a lot of kids graduating college, can’t find jobs. That’s what happened in Cairo. That’s what happened in Madrid. You don’t want those kinds of riots here.”

Also, “The damage to a generation that can’t find jobs will go on for many, many years.”

Bloomberg said Democrats and Republicans need to act now: “Now everybody’s got to sit down and say we’re actually gonna do something and you have to do something on both the revenue and the expense side.”