Tag Archives: wall street

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

What Econmic Recovery? Fox cuts ties with Idaho TV station, ends local newscasts, Merry Xmas!

Southwestern Idaho’s KRTV, channel 12, is no longer a Fox affiliate, and it has ended its Boise area news coverage.

“In the spring of 2011, the Fox Television Network and Block Communications parted company. Although we did offer to sign a new affiliation agreement with Fox for KTRV, they chose to move the affiliation to another station.  A network affiliate requires a different business model than does an independent station.  As a result a reduction in staff is taking place this week.”-Bill Lamb, Block Communications

General manager of KRTV, Rick Joseph, said “We have some exceptional people here who put forth a terrific and honorable effort every day.  But the new business model we find ourselves having to adopt does not include news.”

Employee layoffs began December 5.

Merry Xmas!

Business/Economics, International

United Police Kingdom: Scotland Yard says Occupy demonstrators are equal to al Qeada!

“It is likely that activists aspire to identify other locations to occupy, especially those they identify with capitalism. City of London Police has received a number of hostile reconnaissance reports concerning individuals who would fit the anti-capitalist profile. All are asked to be vigilant regarding suspected reconnaissance, particularly around empty buildings.”-Terrorism/Extremism update for the City of London Business Community

A document leaked from the London Metropolitan Police (Scotland Yard) shows they consider the Occupy movement a terrorist organization equal to al Qeada!

The document, titled Terrorism/Extremism update for the City of London Business Community, was leaked to Occupy LSX demonstrators by an unnamed businessman.

“Activism is not a crime and the desire to participate in democratic decision-making should not be a cause for concern for the police in any free society….An institution that confuses active citizens with criminals and equates Al Qaeda with efforts to re-imagine the city is an institution in grave danger of losing its way.”-Occupy LSX response

There are at least three active Occupy London movements currently taking place, including the Occupy LSX movement.  LSX stands for London Stock Exchange.

 

Business/Economics, U.S.

What Economic Recovery? U.S. Postal Service cuts officially (almost) done deal, will “move forward” with austerity measures, Merry Xmas!

As promised, the U.S. Postal Service made its dreaded announcement on December 5.  The USPS filed a request with the Postal Regulatory Commission to “move forward” with austerity measures that will not only cut back service, but eliminate hundreds of thousands of jobs.

“We’re in a deep financial crisis today because we have a business model that’s tied to the past [ie Congress]. We are expected to operate like a business, but don’t have the flexibility to do so [because of rules created by Congress]. Our business model is fundamentally inflexible [no thanks to Congress]. It prevents the postal service from solving its problems.”-Patrick Donahoe, U.S. Postmaster General, November 2011

The plan, supported by the Obama Administration, calls for cutting U.S.$20 billion from operating costs by 2015.  That means closing 252 processing facilities, closing 3,700 post offices, and eliminating 100,000 jobs!!!

The processing centers will be closed by spring 2012.  Job losses just from the closing of processing centers could hit 28,000! Expect delays in getting your mail.

This after the U.S. Congress decided to ‘delay’ any action on their part until after next year’s Presidential elections.  The move guarantees the demise of the USPS, because President Barack Obama set the default date for the Postal Service as December 16, 2010.

In a PBS interview, both the Postmaster General, and the President of the Letter Carrier’s Union said it wasn’t really about lack of business, in fact the Postmaster General said package volume was still good.  It was all about the U.S. Congress ripping off the non-taxpayer funded Postal Service: “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

Rolando pointed out that the job losses will go beyond the USPS. It will affect all the companies the USPS contracts with, like FedEx, Siemens, Northrop-Grumman, Pat Salmon & Sons and Campbell-Ewald, to name a few.

Rolando, in the PBS interview, predicted that millions of jobs will eventually be lost because of what’s happening to the USPS!

Merry Xmas Mr. Scrooge, and God bless us, everyone!

 

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

Government Incompetence: Fluoridated water blamed for Dumbing Down Americans and causing chronic unexplained pain, blame the nuclear and pharmaceutical industry

“We have been suffering from various diseases for consuming water with fluoride content. We are desperately in need of pure drinking water.”-residents of Jagalur, India

Yet another study proves that fluoridated water makes you stupid, and can cause a life time of pain!

The latest study was conducted in India, and just published in the Journal of Medical and Allied Sciences.

Rats were used, and the results were neurodegenerative and morphological alterations in the neocortex, hippocampus and cerebellum areas of the brain, and in the spinal cord and sciatic nerve.

Neurodegenerative is the progressive loss of neurons, and “morphological alterations” basically means physical mutations.

Researchers say the negative affects with intelligence and pain take place before physical mutations appear: “High levels of fluoride in drinking water (1-12 parts per million) affect central nervous system directly without first causing the physical deformities of skeletal fluorosis.”-K. Pratap Reddy, Osmania University, Hyderabad, India

This is not the first study to say fluoride is bad for you.  Over the decades dozens and dozens of studies across the world have resulted in the same conclusion.  According to the Fluoride Action Network (FAN), there are now 25 studies showing that fluoride makes you stupid.

Studies have also shown a link between arthritis pain, back pain, joint and muscle pains. The research in India was motivated after people in a village named Jagalur, were found to be suffering from all kinds of diseases and chronic conditions. Investigations blamed the fluoridated water.

It’s not just Jagalur.  Joint pains, teeth problems, muscular pains, stomach pain and headaches are common among people in Gollaratti, Rajnatti, Gidnatti, Bullolli, Machikere, Marajanmatti, Kechhanahalli, Devikere, Chadaragolla, Gowripura, Kyasanahalli and many other villages who’s water has fluoride in it.

However, the problem in India comes from naturally occurring fluoride in their well water.  Here in the United States local and state governments purposely add fluoride to the water.

It turns out that currently, only the English speaking countries add fluoride to public drinking water.  In the book The Fluoride Deception, author Christopher Bryson revealed how the push for fluoride use in the U.S. is directly related to the U.S. nuclear program and the pharmaceutical industry.

It turns out there have been many anti-fluoride lawsuits against local municipalities in the United States, however most have not been successful.

Now lets see, English speaking countries are the only ones that intentionally add fluoride to the drinking water, and there’s been a huge increase in chronic pain, and the use of pain killers, among the people of those English speaking countries. Also, there’s been a huge decrease in the overall level of intelligence, no matter how much taxpayer money has been thrown at education programs. And, have you also noticed that the political, business, social and religious leaders of those English speaking countries seem to be making decisions that are more and more irrational? Mmmm, could it be something in the water?

 

Fukushima

Government & Corporate Incompetence: After months of expelling radiation into the environment, Fukushima Daiichi officially in Cold Shut Down

Tokyo Electric Power Company officials say that on 16 December 2011 (the day the U.S. Postal Service will be in official default) they will declare the Fukushima Daiichi nuclear plant in Cold Shut Down mode.

The Cold Shut Down could be officially announced by Prime Minister Noda Yoshihiko.

Of course this is after they let millions and millions of becquerels of radiation pour out into the air and water, along with the radioactive remains of the melted fuel rods!

Cold Shut Down means that the water being used to flush out, I mean, ‘cool down’ the reactors remains below boiling point, which is an indication that most of the fuel rods are used up.

There must be so little left inside the reactors that the temps have come down. I guess that’s one way to do it, I personally like the way the Soviets handled Chernobyl: Sand, lead and concrete.

Fukushima

Global Food Crisis: Fukushima needs help inspecting more than 24,000 rice farms, too much radiation, logistical nightmare!

The Prefectural government of Fukushima (where the spewing Fukushima Daiichi GE designed disaster reactors are) is asking the Japanese government for logistical help.

Fukushima officials said they want to test one third of their rice farms/crops for radiation contamination, after several rice crops came up highly radioactive. Here’s the logistical problem: One third of Fukushima rice farms/harvests amount to 24,000 crops!

Fukushima Prefecture asked the national government to provide devices to measure radiation, dispatch personnel to expedite inspections, and shoulder the cost.

Fukushima

Corporate Incompetence: TEPCo admits lack of communication caused Reactor 1 to melt down and explode, evidence it was a man made disaster!

On 02 December 2011, Tokyo Electric Power Company officials admitted that lack of communication resulted in Fukushima Daiichi’s Reactor 1 melting down and exploding, on 12 March 2011.

Former plant manager, Yoshida Masao (who recently resigned due to health problems, which might be caused by exposure to radiation, which TEPCo denies) said he, and other officials, were not told that Reactor 1’s cooling system was manually shut down.  He realized the cooling system was not working a little more than six hours after it had been turned off. By then it was too late.

Just a few days ago TEPCo admitted, after an independent investigation, that 100% of the fuel rods in Reactor 1 melted.

The irony is that Reactor 1 had the only operable cooling system after the 11 March earthquake and tsunami hit the nuclear disaster reactor plant.  Reactors 2, 3 and 4 lost their connections to electrical power, but Reactor 1 was still connected.

This could add some fuel to the conspiracy theories out there (that it was intentional, after all, look how long they’ve dragged this out!).

Business/Economics, International, U.S.

Global Economic War: The big jumps in stock markets have nothing to do with economic recovery. It’s all part of the new way the Elite 1% make money.

“…the markets are basically run by algorithmic trading these days… Nobody’s making investments in the stock market thinking they’re getting a long term investment in the company that they’re buying a stock for. So all we’re looking at is trading on news.”-Catherine Mann, Brandeis University International Business School, and former member of the Federal Reserve bank Board of Governors

“…what you have right now is massive amount of liquidity around the world sitting on the sidelines with very cheap equity markets. So any time there’s a little bit of positive news, you see this explosion in stock markets, and because it’s so cheap and there’s so much money just sitting there ready to move.”-David Smick, economic policy strategist

PBS Newshour interviewed two ‘experts’ on why the stock markets are seeing huge swings up and down.  Both basically said it had nothing to do with economic recovery, it’s basically a war being fought with cash, and is the new way the 1% are making even more money. It’s being done without the labor or services of the 99%, by simply day trading on the World’s stock markets instead of creating new products or hiring more employees.  If you’re a rich bastard or bitch and you could make more money day trading than actually making a product or service (requiring you to spend money on employees and transportation and benefits and other costs associated with traditional enterprise) then why not?

“…that’s the way that banks fund themselves, is that they borrow in the overnight market from each other. And since the summer, we have been looking at the interest rate that they charge each other has been rising and rising and rising. It’s now at a level or was earlier today at the level right before the crisis with Lehman Brothers.”-Catherine Mann

“If you look at today and you say, when’s the last time that the global central banks got together, it was three days after the Lehman crisis in 2008.”  “The problem is…a solvency [the ability to pay your bills] problem in Europe, not a liquidity [cash, meaning the 1% have plenty of cash on hand] problem.”-David Smick

“…one of the downsides of this additional liquidity being put into the global marketplace is that it provides more ammunition for the traders in the marketplace who want to bet against the central bank, or against the European Central Bank in particular, or, want to bet against some of those sovereign governments in Europe that are running some difficulties.  So this excess liquidity, or a lot of liquidity, does have a downside. And I think that we aren’t thinking exactly how that ammunition is going to be used. We’re thinking it’s going to be used for good [like providing more jobs, creating new products and services, etc.], but there’s no guarantee that it’s going to be used for good.”  “…this intervention in Europe…doesn’t even come close to addressing the political problem that they face…National governments have spent too much money, they have borrowed too much over a long period of time.”-Catherine Mann

“It’s a little bit like the house is on fire, and…the pluming is backed up. Well, today, we took care of the plumbing [referring to the central banks of Europe, North America and Japan/Pacific Asia Group (the three member regions of the one world government seeking Trilateral Commission) agreeing to provide dirt cheap loans to the 1%] , but the house is still on fire.”-David Smick

 

 

Fukushima

Occupy Fukushima! Residents order all nuclear reactors shut down and scrapped!

The governor of Fukushima Prefecture, Yuhei Sato, ordered all nuclear reactors in the prefecture, to be shut and scrapped.  There are ten nuclear reactors in Fukushima Prefecture.

The residents of Fukushima know that it will have a huge negative impact on their local economy, but they say it’s better than trying to live with an ongoing nuclear disaster!

The Fukushima government is working on a reconstruction plan that will try to create new jobs for those working at the nuclear plants.

 

Fukushima

Government & Corporate Incompetence: TEPCo admits fuel rods melted through reactor cores! Serious melt down of 3 reactors at GE designed Fukushima Daiichi!

Tokyo Electric Power Company has been forced to admit that serous melt downs took place in reactors 1, 2 and 3, of the Fukushima Daiichi nuclear plant.

Independent researchers confirmed that melt downs did occur, and were severe enough to melt through the reactor cores into the bottom of the containment vessels. Some melted fuel rods penetrated as much as 57 centimeters (22 inches) into the containment vessels.  The bottom of the containment vessel is made of thick concrete, with a steel plate on top.

TEPCo now says 100% of the fuel rods in Reactor 1 melted, all the way through the core into the containment vessel!  57% of Reactor 2’s fuel rods melted, and 63% of Reactor 3’s fuel rods melted.

Many months ago, I posted how nuclear experts, who were being ignored by the main stream media, explained that the amount and type of radiation coming from Fukushima Daiichi could only mean melt down was occurring.  Somehow the main stream news media found other nuclear ‘experts’ (including many who work for the U.S. government, and the U.S. nuclear power industry) who countered those claims.

The Fukushima Daiichi nuclear plant reactors were designed by General Electric.