Tag Archives: employment

Fukushima

One Year Later: Japan to create Temp Towns to house victims of Fukushima Daiichi

17 August 2012, people forced to flee their homes, because of the General Electric designed nuclear disaster reactors at Fukushima Daiichi, have been living in temporary prefab homes.  Now the Japanese government wants to know if they will accept living in ‘temporary’ towns as well.

A year ago the ignorant Japanese government told nuclear evacuees that they’d be returning home in a few weeks or months.  It’s finally become clear to the exalted leaders that radiation contamination could last years. Some areas will exceed 20 millisieverts per year for at least a decade!

The Japanese government admits they are now considering the wishes of the evacuees for the first time!  At least 15,000 people can never go back to their homes, and the government says it is willing to build new villages for the victims.

 

Idaho, Opinion, U.S.

Government Incompetence: U.S. Army suicide rate doubles in July! Suicide now kills more troops than combat!!!

16 August 2012, the United States Army says the suicide rate for active duty, reserve and National Guard troops has now surpassed the 2011 high. July 2012 suffered 38 suicides, double from the month of June 2012!  That’s more than one soldier per day!!!

The monthly average is now at 29 suicides.  2011 ended with an average of 23 suicides per month.

The majority of suicides are those troops with combat experience. July was also a record high for active duty troop suicides.

In June dumb ass Defense Secretary Leon Panetta said: “That is an epidemic, something’s wrong.”

No shit Sherlock!  It’s called unjustified War on Terror, police stateism, economy down the toilet!

Things are so bad that earlier in the year the Idaho National Guard demanded that the state re-open a closed suicide hot line (the patriotic Republican state leaders closed it down claiming a lack of funding)!

General Lloyd J. Austin III gave the same bull shit comment I’ve always heard about preventing suicide: “To combat it effectively will require sophisticated solutions aimed at helping individuals to build resiliency and strengthen their life coping skills.”

I’ve heard that rhetoric since the 1980s!  What they really want are troops that are like the compliant monkeys of Japan: Hear no evil, see no evil, speak no evil.

But the more our leaders (Republicans, Democrats, religious & unAmerican Corporate America) betray our Constitution, screw over the families of troops by destroying the economy, ship jobs overseas, use prison labor instead of law abiding workers, religious hypocrisy, etc, the more those who join the military to supposedly fight for the American Dream are going to become disillusioned and turn to suicide, or something else (remember Bronze Star awardee Timothy McVeigh?)!

Fukushima

One Year Later: Dogs & cats still abandoned in radiation zones, government now searching for owners. Other pets forced into shelters because owners can’t keep them.

14 August 2012, the Japanese government is now trying to find owners of hundreds of abandoned pets in the 11 March 2011 disaster areas.  Last year the Environment Ministry was able to pick up 750 dogs and cats and place in shelters, 300 are still unclaimed.

Government officials believe there are still hundreds of abandoned pets still living in the radiation zones.

The prefectural government of Fukushima is asking people who are known to have lost their pets if they want them back, or not.  Fukushima officials say they have contacted at least 1,000 people so far.  Officials say they will try to find homes for pets that are no longer wanted, and they will continue to try and capture those pets still loose.

Some owners fear their pets are radioactive, others say they can not afford to take in their pets as they are living in temporary housing, and many owners are still unemployed.

NHK (nippon housou kyoukai/Japan Broadcasting Corporation) recently ran a sad documentary about pets who are being kept in private shelters, until the owners can take them back. The owners are paying for the shelters.  However, in one sad example, the owners of one old dog were finally able to take their dog back only to learn that their dog died just days before they arrived at the shelter.

Visit American Humane Association  Visit globalanimal.org

ONE YEAR LATER: FRESH WATER FISH MORE RADIOACTIVE THAN SALT WATER FISH! MORE PROOF THAT YOU NEED LOTS OF SALT IN YOUR DIET!

GOVERNMENT INCOMPETENCE: MORE RADIOACTIVE BEEF SOLD TO PEOPLE, JAPANESE CATTLE FARMERS ARE NOW BEING TOLD NOT TO USE LOCAL FEED, FARMERS SAY ADVISE IS TOO LITTLE TOO LATE

Business/Economics, U.S.

Corporate Evil: 90% of Too Big to Fail banks’ lawsuits falsify credit card debt!

The following are quotes from U.S. state judges, attorneys and federal government officials regarding the Too Big to Fails’ lawsuits against debtors:

“I would say that roughly 90% of the credit card lawsuits are flawed and can’t prove the person owes the debt.”-Noach Dear, civil court judge Brooklyn, New York

“Our concerns center on the fact that debt collection lawsuits are a pure volume business. The documentation is very bare bones.”-Tom Pahl, Federal Trade Commission

“I do suspect flaws, but there is little I can do.”-Harry Walsh, superior court judge Ventura, California

“This is robo-signing redux.”-Peter Holland, Consumer Protection Clinic at the University of Maryland Francis King Carey School of Law

The quotes came from a New York Times article

Business/Economics, International, U.S.

What Economic Recovery? Top 5 U.S. banks ordered to make living wills, two years ago! 9 Too Big to Fails now have living wills!

10 August 2012, Reuters published an exclusive report revealing that U.S. banks were ordered to make “living wills”, because of an expected economic collapse!

The order came from the privately run Federal Reserve Bank, and the U.S. Office of the Comptroller of the Currency.  The 2010 order was targeted at five U.S. national banks: Citigroup, Morgan Stanley, JP Morgan Chase, Bank of America and Goldman Sachs.

Both the Federal Reserve and the U.S. government indicated that there was no way to save the banking industry in a full blown economic collapse: “…make no assumption of extraordinary support from the public sector…”

The Reuters’ report explained that living wills for corporations are not the same as bailouts/recovery plans.  In the living will the too big to fail bank is basically finished, but directs how any remaining assets shall be liquidated (sold off) in order to prevent a total collapse of the banking/finance system.

Already, nine international banks have submitted their living wills to the Federal Reserve and the Federal Deposit Insurance Corporation.

 

Business/Economics, U.S.

What Economic Recovery? 290 U.S. cities downgraded! Local tax revenues down, again!

“We expect downgrades to continue outpacing upgrades in the second half of 2012 as local governments navigate an increasingly difficult budgeting environment characterized by anemic revenue growth and significant expenditure pressure on wages and post employment benefits.”-Moody’s statement

09 August 2012, Moody’s Investors Service downgraded the largest number of U.S. cities/school districts since 2000.

The latest downgrades mark 14 straight quarters in which municipal bond downgrades exceeded increases!

In another report by Nelson A. Rockefeller Institute of Government, tax revenues collected by local governments are down, for the sixth consecutive quarter!

The latest reports and downgrades only adds ammo to the “tip of the iceberg” bankruptcies filed by local governments.

 

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

What Economic Recovery? Hewlett Packard to layoff 300 British employees, government officials calling it a “quarterly cull”! HP has too much debt, turns to GE for help!

“This is not part of the global program, it’s just a quarterly cull.”-unnamed government source

03 August 2012, news media in the United Kingdom have discovered that Hewlett Packard (HP) has told the British government they will let go at least 268 employees.

British law requires companies that are laying off more than 20 employees to notify the government.

Despite the unnamed government official’s statement, some analysts believe this is part of the planed layoff of 27,000 HP employees by October 2014.

HP officials in France and Germany said they’re planing to cut their workforce by 10%.  In Sweden it could be as high as 14%.  Italy and Spain are still awaiting HP’s layoff estimates.  Even the announced 268 layoffs in the U.K. are not considered the final cut.

Unions in Britain are claiming that HP will end up laying off at least 1,600 employees.  CEO Meg Whitman, refused to answer British media questions.

On 30 July 2012, the Wall Street Journal reported that HP was finding it harder and harder to get credit default swaps on its debt.  The cost of such swaps has quadrupled for HP since last year.  That’s because more and more investors are worried that HP will end up busted.

Also, HP’s debt load is now at $21 million USD, no thanks to its recent purchase of a company called Autonomy.

As a result HP has turned to General Electric (GE) for financial help.

On 02 August 2012, GE Capital announced they will offer credit to HP resellers. The offer includes 60 days of no interest re-payments: “Resellers of any size can view this kind of financing as working capital that they can use to help grow their markets and expand their businesses. We’re pleased to be working with HP to support its resellers.”-Mike Marcolina, GE Capital Commercial Distribution Finance

 

 

Business/Economics, International, U.S.

LIBOR: RBS takes action against its own employees

“The LIBOR situation is on our agenda and is a stark reminder of the damage that individual wrongdoing and inadequate systems and controls can have in terms of financial and reputational impact.”-Stephen Hester, CEO RBS

03 August 2012, the Royal Bank of Scotland announced it has fired several employees for their involvement in the LIBOR rigging scandal.

RBS officials said they are cooperating with international investigators.

The government of the United Kingdom owns 82% of RBS.

RBS reported a pre-tax loss of $2.3 billion USD!  RBS is also setting aside $211 million to compensate loan insurance customers. Those customers claim RBS lied to them about what they were getting.

Check my other postings about LIBOR.

Business/Economics, International, U.S.

Global Economic War: Bolivia clarifies so called ban on Coca Cola, Brazil bans Chevron, South America fighting U.S. yankee crony capitalist imperialism

“December 21 of 2012 will be the end of egoism and division. December 21 should be the end of Coca-Cola.”-David Choquehuanca, Foreign Minister of Bolivia

This recent statement by officials from the South American country has been interpreted as meaning Coca Cola was banned from Bolivia.  But David Choquehuanca has come out and stressed that emphasis needs to placed on his use of the word “should”.

(So far the only countries with official bans on Coca Cola are Korea North, Cuba and Myanmar.)

The government of Bolivia has started a campaign pushing for Bolivians to buy products made in Bolivia, not products from the United States.

Bolivia is not alone as Venezuela has also started a similar campaign.  Venezuela even banned Coke Zero.

In 2011 Bolivia kicked out McDonalds.

At the end of July 2012, the government of Chile filed suit against McDonalds, Burger King and KFC on the grounds they violate the country’s anti-toy in happy meals law.

Also at the end of July 2012, Venezuela shut down 89 McDonalds for tax evasion.

In March 2012, Peru began enforcing their ban on the sale of food products made with genetically modified crops (aka GMO foods). The ban directly affects Monsanto, Dow Chemical and Bayer (a German company).

Brazil and Paraguay have similar bans as well.  Venezuela banned all GMO seeds.

In 2011, Argentina temporarily banned the sale of Blackberry phones and Apple computer products.  Argentina has also temporarily banned U.S. beef products.

Brazil has banned specific ingredients in cigarettes, which is hurting U.S. tobacco companies.

On 02 August 2012, Brazil officially banned Chevron from doing business in their country.  This after two massive, and unexplained, oil spills (of course U.S. media says the spills were minor).

At the end of 2011, the countries of South America formed their own economic union called Comunidad de Estados Latinoamericanos y Caribeños, or Community of Latin American and Caribbean States (CELAC).  The United States and Canada were not invited.

Now, India will be the first country to hold official trade talks with CELAC, scheduled for 07 August: “India enjoys friendly and warm relations with all CELAC countries. They have a shared understanding on the values of democracy, freedom, equality and justice.” Indian Ministry of External Affairs statement

 

 

Business/Economics, Idaho, U.S.

What Economic Recovery? “tip of iceberg” for U.S. cities going bankrupt or defaulting, blame reduced tax revenues caused by bad economy!

“We went fifty years without any municipal bankruptcies in the United States, and now we are going to get dozens of them. The governing class did not get stupid fast.”-Richard Brodsky, former 14-term New York State assemblyman

(Actually, contrary to Brodsky’s statement, I think there was one chapter 9 bankruptcy in 1994, and another in 2008 [both in California]. But the point is that we’ve never seen the numbers we’re seeing now.)

Since 2010 dozens of cities, counties and local service agencies have gone bankrupt, something not seen in at least fifty years! Analysts are predicting dozens more.  The reason is simple: Bad economy means less jobs, and most of the jobs that are available pay a pittance (minimum wage, no benefits). That means less tax revenue for state and local governments.

Some stupid local governments try to make up for it by raising local taxes.  That shows you how out of touch your local reps are.  If tax revenues are down because most people are making less money, then raising taxes will only make things worse (remember what sparked the U.S. Revolutionary War: Unfair taxes).

2010 Local Government/Service Bankruptcies

Lost Rivers District Hospital, Arco, IDAHO

Lake Lotawana Community Improvement District, Lee’s Summit, MISSOURI

Grimes County MUD 1 and Official Committee of Bondholders, Grimes County, TEXAS

The Southern Connector (toll road), Piedmont, SOUTH CAROLINA

2011 Local Government/Service Bankruptcies

Central Falls, RHODE ISLAND

Jefferson County, ALABAMA

Centerton Municipal Property Owner’s Improvement District 3, Fayetteville,  ARKANSAS

Harrisburg, PENNSYLVANIA (courts rejected claim)

Boise County, IDAHO (courts rejected claim)

Barnwell County Hospital, SOUTH CAROLINA

Bamberg County Memorial Hospital, SOUTH CAROLINA

Sanitary and Improvement District 512, Douglas County, NEBRASKA

Mendocino Coast Recreation and Park District, Fort Bragg, CALIFORNIA

2012 Local Government/Service Bankruptcies & Defaults

Harrisburg, PENNSYLVANIA (default)

Suffolk Regional Off Track Betting Corp, Hauppauge, NEW YORK (second filing, first was rejected by courts in 2011)

Hospital Authority of Charlton County, GEORGIA

Rural Water District 1, Cherokee County, OKLAHOMA

Sylamore Valley Water Association Public Facilities, Izard County, ARKANSAS

Stockton, CALIFORNIA

Mammoth lake, CALIFORNIA

San Bernardino, CALIFORNIA

Seven local governments are under emergency management in MICHIGAN

Analysts predict many more major U.S. cities to go bust

Washington DC: In debt by $537 per resident

Detroit, MICHIGAN: In debt by $217 per resident

Honolulu, HAWAII: In debt by $110 per resident

New York City, NEW YORK: In debt by $565 per resident

Almost every major city in CALIFORNIA (beware the saying; “As California goes, so goes the rest of the nation.”)

Camden, NEW JERSEY: In debt by $54 per resident

Cincinnati, OHIO: In debt by $181 per resident

And the biggest loser is: Chicago, ILLINOIS: In debt by $2,353 per resident