Tag Archives: employment

Fukushima

Corporate Incompetence: Heavy rain from Typhoons & Tropical Storms are flooding Fukushima Daiichi

Nine months later, and the radiation just keeps pouring from the damaged Fukushima Daiichi nuclear plant.  Now its Mother Earth who’s to blame.

Tokyo Electric Power Company admitted that the heavy rains from typhoons and tropical storms are flooding reactor buildings, greatly increasing the chance of massive flooding of highly contaminated water into the Pacific Ocean.

The nuclear plant is already flooding the ocean with radiation, but this would be on a massive scale.

Here’s why it’s so bad: TEPCo is already pumping 550 tons of water per day to cool three of its damaged reactors. About 80,000 tons of highly radioactive water has already accumulated in the buildings.  Now add the flooding from the storms. TEPCo says it has found 200 to 500 tons of rainwater entering every day into the basements of reactor buildings.

Business/Economics, U.S.

Class War: Wall Street protesters still at it, people from all over the U.S. are there, wearing a mask can get you arrested

“There’s a major divide between the rich and the poor in this country. One in 10 people are unemployed and my vote is nullified by corporate lobbyists.”-Alexander Holmes, from Oakland, California

People from main street U.S.A. are protesting on corporate America’s Wall Street. They started on September 17, and they’re still going!

New York Times reported at least six arrests by September 19.  Two men and a woman were arrested for wearing ski masks.  It is illegal in New York city for two or more people to wear masks in public, I wounder what’s gonna happen at Halloween?

Another man was arrested after he told police that he was having trouble walking.  Another woman was arrested after she wrote something on the sidewalk with chalk.

The New York Times confirmed that people are coming from all over the U.S. such as Massachusetts, Michigan, Virginia, New Jersey and Washington State.

Protesters say they’ve been inspired by the Arab Spring uprisings, and they hope to continue protesting just as long as their Arab peers have.

Business/Economics, International, U.S.

Class War, What Economic Recovery? Yet another former U.S. Treasury Secretary says no way, because Corporate America is causing the problem, yes it is a Class War

“Wall Street is energized about its profits, and it makes its profits by arbitraging labor. So if you lay off an American worker who makes $20.00 an hour, and you hire a Chinese or Indian worker who earns $1.00 and hour, you can put $19.00 an hour in your profit pocket!  And that is what has been going on for 15 years.” -Paul Craig Roberts, former Assistant Secretary of U.S. Treasury

Roberts says there is nothing that the President, or Congress can do to stop the fall of the United States, unless they can stop U.S. corporations from moving jobs overseas: “Interest rates are near zero. There are no home buyers because between 1/4th and 1/5th of the work force is unemployed!  And millions of Americans have been dispossessed of their homes…And the Middle Class jobs, millions of Middle Class jobs have been moved, by the corporations, abroad.”

Roberts says Corporate America is actually screwing over the U.S. government in the long run: “As the jobs move off, what moves with it is the tax base, the consumer income that formerly supported the American consumer demand, and the Gross Domestic Product of the economy.”

Roberts sees no hope for the U.S. main street economy as long as Wall Street gets its way: “So as long as Wall Street and the corporations profit by moving American jobs to countries where labor costs are substantially lower, there can be no recovery of the American economy!”

Paul Craig Roberts is the second former U.S. Treasury official to come out and make such statements.  Recently, former U.S. Treasury Secretary, Lawrence Summers, said the United States is “collapsing”.

 

Business/Economics, Idaho, U.S.

What Economic Recovery? Major East Idaho Employer makes surprise layoff announcement

September 19, a change of contractors with the Idaho National Laboratory (INL) resulted in a surprise announcement; 204 employees will be let go at the end of the month.

On September 30, the existing contract with AMWTP (Advanced Mixed Waste Treatment Project) ends.  A new contract with Idaho Treatment Group begins on October 1.  The new contractor says they can do the same job with 204 less employees.

The contract involves preparing transuranic nuclear weapons waste stored at the INL, for shipment to the Waste Isolation Pilot Plant (WIPP) in New Mexico.

 

Business/Economics, U.S.

False christian Rick Perry a Poverty Miser?

“There are parts of Texas that are doing well. And there is a tremendous number of Texans, more than Perry has ever wanted to acknowledge, that are doing very, very poorly.”-Miguel Ferguson, University of Texas

Texas Governor Rick Perry likes to claim having created jobs for Texans, but he’s also to blame for increasing the poverty rate!

In the past two years Texas has created 40% of new U.S. jobs, but also has the fastest growing poverty rate in the whole country. That means most of those new jobs are not paying enough to cover the basic cost of living.  According to the Bureau of Labor Statistics about 550,000 workers last year were paid at, or even below, the federal minimum wage of $7.25 per hour!

According to the U.S. Census Bureau the national average poverty rate is 15.1%, and as of 2010 the poverty rate in Texas is 18.4%.

The main reason for the poverty; Perry’s so called job creation isn’t happening fast enough: “The middle class are losing their jobs and are not able to replace them fast enough. That’s driving them straight into poverty.”-Bradley Manning, Texas Neighborhood Services

To make matters worse, Texas has one of the worst social service programs in the country: “We don’t have the support system in place to provide economic support or economic opportunity to help families lift themselves out of poverty.” said Frances Deviney, Center for Public Policy Priorities

 

Business/Economics, International, U.S.

What Economic Recovery? New G20 meeting will reveal how bad the situation is, the United States is now a beggar thy neighbor nation

September 19, later this week the Group of 20 developed and developing economies will meet in Washington DC.  The main issue, as always, the collapsing global economy.

Actually the main stream western media wants you to think the “global” economy is collapsing, in reality it’s just the ‘western/capitalist’ economies that are going down the toilet.

Demands from the European Union, United States and Japan are revealing how bad the situation is: “The consolidation plans to be undertaken in most EU countries, in the U.S. and in Japan need to be accompanied by appropriate policies in other regions of the world so as to avoid an undesired compression of global demand.”-European Union statement

What this means is that the economies that are going down the toilet need more help from the economies that are actually booming (the “other regions”).  Basically the EU, U.S. and Japan have become beggar they neighbor nations; needing to borrow from the wealthier BRICS (Brazil, Russia, India, China, South Africa), just to survive.

In order to get the much needed cash, expect the EU, U.S. and Japan to make some huge concessions at this weeks G20 meeting.  One thing China and Russia would like to see is a new currency to replace the U.S. dollar as the World’s reserve money.   It’s unlikely the U.S. would support that, ’cause it could make the economic situation in the U.S. even worse.

However, the latest European Union statement indicates that if the EU, U.S. and Japan don’t get financial help from the BRICS, then it could be lights out for the ‘West’.

Business/Economics, International, U.S.

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!

Business/Economics, International, U.S.

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.

 

Business/Economics, International

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

Business/Economics, U.S.

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.”