Tag Archives: unemployment

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

World War 3: Iran builds two more attack submarines, will target U.S. aircraft carriers

“…if an ordinary submarine can sit in the Persian Gulf’s bed it would be the worst threat to the enemy. That is one of the U.S. concerns since Iranian submarines are noiseless and can easily evade detection as they are equipped with the sonar evading technology…When the submarine sits on the seabed it can easily target and hit an aircraft carrier traversing in the nearby region.”-Rear Admiral Farhad Amiri

February 9, 2012, Iran announced it has completed two more high tech attack mini submarines, designed to patrol the Persian Gulf.  They claim the submarines are 100% built in Iran.

The Ghadir class mini submarines are small (some say they look like a submarine made by North Korea), and can fire Hoot supercavitating rocket powered torpedoes, which are far too fast for a ship to avoid.  Those torpedoes could be based on the Soviet rocket torpedoes developed during the Cold War.

The latest subs will join at least three other subs that were completed in 2009.  Here’s pics of them.  Iran has not revealed how many of the mini subs they have, but USAToday estimates they have 12 mini subs (and three big Russian designed submarines).

 

Business/Economics, International, U.S.

Red & White Horse: Iran says Western sources behind lies about Iran sending troops to Syria. Russia says Syrian people caught in the middle of game of conquest by the West. Gingrich behind the curve, Western forces already in Syria!

Russian media claim a Chinese newspaper has published an article that says Iran is sending 15,000 troops to Syria.

The Russians asked several Iranian university and media officials about this: “As far as I know there is not and will not be any program to dispatch Iranian military troops to Syria.”- Reza Moghadasi, Mehr News

“Iran has no troops in the country. Iran has never had troops involved in the problems within Syria. Someone in the Chinese media has been receiving information that is completely false.”-Seyed Mohammad Marandi, University of Tehran

But, so far, there has been no comment from Iranian government leaders.

Despite some U.S. Republican pining over covert military action in Syria, an Israeli military intelligence source (called DEBKAfile) a has already confirmed that indeed, Western and Qatari military forces are already in Syria, helping the Free Syrian Army.

Russian government leaders are accusing the U.S. and Europe of using the Syrian people as pawns in their game of world conquest: “This is a global game; this is about geo-political and geo-economic interests and unfortunately countries like Syria are being held hostage for the geo-political and geo-economic interests of Western countries.”-Konstantin Kosachev, State Duma Foreign Affairs Committee

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

Occupy Belgium! Firefighters attack riot police! So much for the new government in Belgium!

Belgium went more than a year without a government, 2010-2011, and there was little civil strife.  Now that Belgium has a government almost everyone is striking, including firefighters.

Firefighters went on strike because the new government wants to destroy their retirement program.  Riot police were called out, but the firefighters had planned ahead.  On February 10, they had their pumper trucks ready to go and hit the police with high pressure water, and even fire extinguishers.

Watch the fun video on RT.  The firefighters broke through police barricades and soaked the Belgian Prime Minister’s office!  Belgium is the first European country to officially go into a double dip recession.

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

What Economic Recovery? The maker of the world’s first digital camera, Kodak, will make cameras no more

Eastman Kodak, a U.S. pioneer in camera and film production since 1880, and the first company to make a digital camera, will no longer make cameras of any kind.

Kodak went bankrupt in January 2012.  At least 400 employees in New York will lose their jobs.  The company will focus on its lagging printer brand (ranked sixth place in the U.S. market).

Kodak officials say they will still sell cameras, they just won’t be the ones making them.

Business/Economics, International

What Economic Recovery? Forget Greece, Japan in deeper debt, analysts call for action now. Things to get worse in 3 to 4 years!

Forget the European Union crisis, Japan’s sovereign debt (such as government bonds) is now almost double that of Italy, and more than Greece.  Some analysts say there is not enough money in Japan to pay the debt.

NHK interviewed two Japanese economic/finance analysts.  One, Hiromichi Shirakawa, of Credit Suisse, said Japan’s economic problems are not cyclic, but structural.  This means there is something inherently wrong with Japan’s economic/finance system, and if not dealt with now things will get even worse in three to four years.

The other analyst, Yasunari Ueno, of Mizuho Securities, said Japan’s government needs to implement “total fiscal reforms” now!

Business/Economics, International, U.S.

What Economic recovery, What Holiday Mailing Rush? U.S. Postal Services sees huge drop in Xmas mailings, loses $3.3 billion in revenue!

Normally the end of year holiday mailing rush generates the most revenue for the USPS, but not in 2011.   Postal officials revealed that people in the U.S. cut back so much, because of bad economic times, that it even affected the shipping of holiday packages.

The huge drop in mailings cut expected revenues for the USPS by $3.3 billion! Postmaster General Patrick Donahoe, said the unexpected loss of revenue will mean that the USPS will run out of cash sooner.  He expects the postal service to be broke by October 2012. 

This news comes after the USPS won an international competition for most efficient postal service.  Each U.S. letter carrier handles more than 200,000 letters per year.  That’s about double what letter carriers from the second place winner, Japan, handle!  The study was done by United Kingdom’s Oxford Strategic Consulting, and released at the beginning of February 2012.

The loss in revenue could affect the planned closings of post offices and distribution centers.  Earlier, in December, postal officials decided to delay such action until May 2012.  But who knows what will happen, now?

By the way, don’t think closing down the USPS is going to save taxpayers money, it wont. The Postal Service operates on money that comes from you and me buying postal products, not taxes!

In fact the U.S. Congress is stealing money from the non-taxpayer funded Postal Service (just like taxpayer funded Social Security and Medicare): “The Postal Service actually has somewhere between $50 billion and $125 billion in their other funds that is not taxpayer money. They haven’t used a dime of taxpayer money in over 30 years! And the Congress just needs to act responsibly and quickly to give them access to that — those funds.”- Fredric Rolando, president of the National Association of Letter Carriers, during PBS interview on September 6, 2011

 

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

Some Economic Recovery? Toyota will fight rising Yen, by moving Highlander production to the United States

After announcing a 75% drop in profits, due to the rising value of the Japanese Yen, Toyota announced it will move all Highlander production to the United States!

This is because the value of the dollar is so low that it’s now cheaper to make their SUV in the U.S., than in Japan.  Those U.S. made Highlanders will then be sold in the growing Russian and Australian car markets.

Toyota hopes production will begin in their Indiana factory by the middle of 2013.  It will include gasoline engined, and hybrid powered Highlanders.

 

 

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

Red Horse: Yet another study proves that stupid people become Right Wing Religious Republican NAZI Fascists, bad news considering how many people have been dumbed down in the U.S.

“Reality is complicated and messy…Ideologies get rid of the messiness and impose a simpler solution. So, it may not be surprising that people with less cognitive capacity will be attracted to simplifying ideologies.”-Brian Nosek, University of Virginia

Researchers at the Canadian Brock University confirm what past studies have implied; that a society with an overall low intelligence results in the rise of simplistic religio-fascist idealism!

“…research has revealed that individuals who more strongly endorse social conservatism have greater cognitive rigidity, less cognitive flexibility and lower integrative complexity [complicated way of saying they are mentally retarded!]. Socially conservative individuals also perform less well than liberals on standardized ability tests.”-Gordon Hodson, lead researcher

The Canadian researchers looked at two detailed studies done in the United Kingdom. Those studies followed children into adulthood, one study began in 1958, the other in 1970.  They tested verbal and nonverbal intelligence, and four cognitive abilities.  The results showed that children with low IQs leaned towards right wing religio-fascism in adulthood.

The Canadian researchers concluded that right wing extremism is the result of low intelligence, not just bad economies.

Right wing dummies also self-segregate themselves adding to their downward spiral into extremism: “This finding is consistent with recent research demonstrating that intergroup contact is mentally challenging and cognitively draining…[another complicated/academic way to say right wingers are mentally retarded]“-Gordon Hodson, lead researcher

Another study was done in the United States, and showed that people with low levels of abstract reasoning tended to be racists and homophobics.

The researchers admit their conclusions are not conclusive, as they are looking at averages: “There are multiple examples of very bright conservatives and not-so-bright liberals, and many examples of very principled conservatives and very intolerant liberals.”-Gordon Hodson, lead researcher

But it’s clear, on average the people with low intelligence make up the most intolerant part of a society.

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.

 

 

Business/Economics, Idaho, U.S.

Hey Mitt Romney, where are those safety nets? U.S. Child Citizens refused food because their parents are not U.S. citizens!

The Southern Poverty Law Center says children, who are U.S. citizens, are being refused food because their low income parents are not U.S. citizens.  Some parents are U.S. citizens, but are being told to “Go back to Mexico” because of their Latino origins.

The SPLC says this is taking place in the state of Alabama.  Alabama, like Idaho, changed the rules for being approved for food stamps; they only count the children in the family, not the healthy (able to work) adults.

However, the SPLC says they know of at least five cases where children, who are U.S. citizens, were denied food stamps because the parents, who are not supposed to be counted under the new rules, are not U.S. citizens.

The SPLC has already filed two lawsuits against Alabama, over its immigration laws, and will likely file a third lawsuit based on the latest revelations of U.S. child citizens being denied food.

…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!”

 

Business/Economics, Idaho, U.S.

Black Horse & Poverty: 2 million people homeless in the United States! Homeless children increasing fast. HR 1734 & Private property developers part of the problem. Hey Mitt Romney, where are those safety nets?

“Many of the families with children are now homeless, having to live out of cars and things like that. We believe today that 40% of the homeless, in Washington [DC] are women with children, or families with children!”-David Treadwell, Central Union Mission

The National Law Center of Homelessness and Poverty (NLCHP) says that more than two million U.S. citizens are now homeless!!!

Most federal and state (in those states that have their own social programs separate from federal) government social programs have been gutted (mainly by those compassionate Republicans, like in Idaho), and privately run charities say they are getting swamped by more and more people needing help every year: “…it’s a big problem, and it’s a bigger problem in 2012 than it was in 2008! It is not going away…”-David Treadwell, Central Union Mission

To make matters worse, the U.S. Congress is considering a bill that would actually create more homeless people.  The bill, called HR 1734 in the House, would give power to private property developers to take over public land, and buildings, now used for low income and homeless people!

The federal government is so desperate for cash that they want to sell off federal property, including that used to help poor people, in order to raise the cash to pay the government’s debts.  The irony of HR 1734 is that it will actually cost the federal government an estimated $82 million to implement!  Sounds like more Mitt Romney style capitalism to me.

…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!”