Tag Archives: employment

Business/Economics, U.S.

United Corrupt Police States of America: It’s official, major U.S. cities, and their police departments, are rife with corruption!

The Chicago Tribune has published a report by the University of Illinois at Chicago, and the University of Illinois’ Institute of Government and Public Affairs.

That report says the public officials, including the police, of major cities in the United States are corrupt!  The study is based on federal court cases.

Percentage wise, Louisiana had the most corrupt officials.  Illinois, New York and Pennsylvania took the next three highest per capita positions for corruption.

When looking just at the number of cases, New York state was number one, followed by California and Illinois.

The study did not break down the types of corruption, but ‘public corruption’ includes bogus contracts, bribes, out right theft, ghost payrolling and police brutality.   Remember, the study is based on corruption cases that actually made it to federal court, so you can imagine just how corrupt your public officials really are!

 

Business/Economics, International, U.S.

What Economic Recovery? Italy becomes second European country to officially hit Double Dip Recession, blame increased budget cuts and unemployment

“The budget cuts are weighing it down…The conditions for a recovery in consumption are not there since unemployment hit a new record.”-Chiara Corsa, UniCredit bank

February 16, 2012, for the second month in a row, Italy’s economy shrank.  Two months in a row of contraction, that’s the official sign of recession.

Belgium was the first European country to officially go into a double dip recession. Interestingly this happened after they finally agreed to a new government, following more than a year without one.

 

 

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

Corporate Crime: 40 years later, two former executives found guilty of the deaths of 2,000 of their Italian employees! Social health care found them out!

“This is the biggest trial in the world, and in history, as far as safety at work is concerned.”-Raffaele Guariniello, prosecutor

In a precedent setting trial in Italy, two former executives of a company that made fiber cement (cement made with asbestos), were found guilty in the deaths of more than 2,000 of their employees!

Another 1,000 employees, and people who lived near the factories, are now ill.  The Italian Health Ministry investigated due to the high rate of health cases hitting their social health care system, that were directly linked to the fiber cement factories.  The investigation revealed that employees were not given even basic safety gear for use around asbestos.  Things like masks and goggles.

One of the former executives is Belgian baron Jean Louis Marie Ghislain De Cartier De Marchienne, the other is Swiss billionaire tycoon Stephan Schmidheiny.

In his defense, Jean Louis Marie Ghislain De Cartier De Marchienne sent a written statement saying that at the time it was not known how deadly asbestos could be.

The factories were closed in 1986, six years before asbestos was banned in Italy.

The two wealthy one percenters face 16 years in prison, if they’re ever caught.  They were convicted in absentia.

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

Corporate Crime: Former officials of scandal ridden Olympus have been arrested

February 16, 2012, seven people connected to the scandal ridden Olympus have been arrested in Japan!

Those arrested include an adviser who instructed Olympus executives how to hide $1.2 billion in losses from investors and regulators, and it includes a former Olympus president, Tsuyoshi Kikukawa.

It also includes a former vice president, and a former auditor.  One of the charges is that Olympus filed false securities reports.  At least two of the arrested have already plead guilty!

The scandal at Olympus was revealed by a former executive of Olympus, who was fired for questioning suspicious bookkeeping.

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

Iran unveils homemade Nuclear Fuel Rods, Nuclear Drugs, Nuclear Cake and 3,000 new Centrifuges

A few days ago Iranian President, Mahmoud Ahmadinejad, said he would reveal Iran’s latest nuclear achievements.

Today, it was revealed that Iran makes its own nuclear fuel rods, radio-pharmaceuticals, and has added 3,000 centrifuges to its program to produce enriched uranium.

Iranian made nuclear fuel rods were placed in the Tehran Research Reactor.  The fuel rods were made under the supervision of the International Atomic energy Agency.  This is the last step in Iran’s nuclear fuel cycle.

Iran has also increased the number of centrifuges from 6,000 to 9,000.  This increases Iran’s ability to make uranium “yellow cake” by 50%.  Iranian officials say that their Isfahan Uranium Conversion Facility is under the supervision of the International Atomic Energy Agency (IAEA).

Iran has also begun production of several pharmaceutical drugs using radio isotopes (like cancer treatment drugs).

Iran says they don’t trust the latest negative reports from the IAEA, preciously because the IAEA has been openly watching their nuclear program, and has never lodged a formal complaint directly with the Iranian government.

 

Business/Economics, International, U.S.

World War 3: Iranian media reports suggest that Iran is about to cut off oil to 6 European countries, lack of Human Rights in Europe being blamed

February 15, 2012, confusing reports in the Iranian media.  Unofficial sources (like PressTV, it is not an official Iranian media source) are saying that Iran has blocked oil shipments to six European countries.

However, official sources (like Islamic Republic News Agency [IRNA]) say only that ambassadors from six European countries have been summed to the Iranian government, to discuss “issues”.

The six countries are Italy, Spain, France, Greece, Portugal, and Netherlands.

The IRNA is quoting Iran’s Director General of West Europe Affaires at Foreign Ministry, Hassan Tajik: “Our response is that sanctions cannot affect Iranians’ will, rather, it will have an adverse impact on European people. Europe is in a difficult economic condition and is facing a harsh winter. Iran cannot remain indifferent towards EU oil ban. We do not have any problem in terms of finding customers for our oil and selling it to other countries. However, based on humanitarian policies and given the conditions of European countries, we have decided to send a serious message to the Europeans which are parties to oil contracts. We can instantly replace oil customers.”

In other words it seems like Iran has identified which European countries it would cut off, and has given them warning, but they have not actually cut off the oil at this point.

It’s interesting that Iran is implying that violation of human rights within Europe is a main factor in their decision to possibly cut off the oil.

Influenza

Pale Green Horse & Global Food Crisis: Nepal food economy being destroyed by H5N1 and Wild Elephant Terrorists. H5N1 in the chicken feed?

Nepal’s poultry industry is being devastated by H5N1 bird flu.  As of February 12, 2012, 8,353 chickens have been killed in just one district.

Jhapa, Nepal, has seen 3,500 chickens die from H5N1, and another 4,853 put down in an effort to stop the virus, in the past two weeks.  Also, 2,400 eggs were destroyed along with 140 kg (308.6 pounds) of chicken feed.

The local government says they’re on top of the situation: “The influenza control team has sped up its work. The outbreak would be controlled very soon. We have deployed rapid response team…”-Radheshyam Mandal, Veterinary Service Center of Jhapa

H5N1 is also hitting other districts of Nepal.

To make matters worse for those living in Jhapa, wild elephants have been terrorizing farmers.  Farmers and armed Forest Security personnel have been trying to chase off the elephants. 

In some areas farmers have taken to a kind of Neighborhood Watch, where they patrol each others farms and villages, on the look out for wild elephants.  They say the government is not protecting them: “Nothing has been done except following the tuskers. Elephant terror is on the rise in the village.”-Dipendra Katawal

I looked and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him.  They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.

Business/Economics, International

What Economic Recovery? Bailout deal for Greece taking so long because Germany doesn’t think it will be paid back. Germany preparing for Greece to leave the EU

“We are ready to help. But once again: we have and want only to help if there is something in return from the Greek side.”-Philipp Roesler, German Economy Minister

Early morning February 13, the Greek Parliament approved the latest round of social cuts, despite members of Parliament threatening to quit. The move comes after German Economy Minister, Philipp Roesler, gave a TV interview in which he said it’s all about Greece being able to convince the rest of Europe that they can pay back future bailout loans.

Roesler also implied that Germany and France have been working to position the EU, so if Greece was to exit the European Union (and default) it would not have an adverse affect on the EU.  He said such a move is now “less and less scary”.

International, U.S.

White Horse, Red Horse & World War 3: More proof the United States is in bed with al Qaeda, al Qaeda supports war on Syria!

I’ve pointed out in other postings how more and more evidence is coming out that supports conspiracy theorist’s claims that al Qaeda works for the United States.

How about this one: al Qaeda just announced they support the West’s war on Syria!   “Continue your revolt and anger, don’t accept anything else apart from independent, respectful governments.”-Ayman al-Zawahri, successor of Osama bin Laden

A Middle East analyst told Russian media that al Qaeda and the U.S. are definitely working together: “It seems that al Qaeda and the Western bloc are working in the same way and they have the same target, which is to destroy the regime in Syria and to collapse it.  Al Qaeda never denied its presence in Syria.  Al Qaeda never denied its support of insurgents in Syria.”-Hisham Jaber, Center for Middle East Studies

Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.

I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.

Business/Economics, International, U.S.

What Economic Recovery? Pepsi will lay off 8,700 employees, gives axe man a $2 million bonus

PepsiCo announced that they must radically restructure if they want to stay competitive.  This comes after Pepsi fell to third place, after Diet Coke.

Pepsi will lay off 8,700 employees around the world, and then spend big bucks on advertising to get you to buy more Pepsi products. Pepsi officials declined to say exactly how many U.S. employees would lose their jobs, but did say it should not be more than 3% of their U.S. operations.

Pepsi already laid off about 3,300 people from 2008 to 2009.

But here’s the thing, the former executive who caused Pepsi’s fall, is getting a $2 million bouns!  Massimo d’Amore ran Pepsi’s Global Beverages Group until September 2011.  He ordered changes in how Pepsi was marketed.  Those changes actually hurt sales.

So, d’Amore is let go, but walks away with $3.4 million in retirement and stocks, plus $2 million in severance, while 8,700 Pepsi employees will probably get nothin’ when they get axed!  And it’s not their fault Pepsi lost sales, it’s d’Amore’s fault!  Just another argument for employees to be the owners of their own business!