-
1.Workers in California Crushed by Toyota (www.nytimes.com)
Corporate molly coddle program fails. California looses Toyota plant after millions spent to accommodate.
-
2.China Uses Global Trade Rules to Its Advantage (www.nytimes.com)
China fights to maintain trade imbalance. As will corporations exploiting this gap look forward to little change straining American work picture further.
-
3.America's Foreign-Owned National Debt (www.forbes.com)
Even old Reaganomics bafoons are starting to realize there is a money drain on the U.S because of the "Free market" debacle.
-
4.Price of Lockheed's F-35 fighter soars 50% (www.reuters.com)
"People should not conclude that we will be willing to continue... strong support without regard to increased costs coming from poor program management or from lack of focus on affordability," A Michigan Democrat said.
-
5.FedEx warns on US recovery (www.ft.com)
..As FedEX delivers Overseas manufactured products.From countries suppressing their currencies.
-
6.Federal pay ahead of private industry (www.usatoday.com)
"work" your way to the topple.
-
7.China's investments in U.S. up sharply (www.latimes.com)
The circle is almost complete
-
8.Obama Drinks Friedman’s Kool-Aid (www.thomhartmann.com)
"It was this policy, followed largely for most of the history of our country with average tariffs through most of the 19th and 20th centuries of around 40 percent, which built our American industry. All three times we radically dropped tariffs – for 3 years in 1857, for nine years in 1913 (just down to 25%), and in 1987 – what followed were economic disasters, particularly for small American manufacturers."
-
9.How Greece's Crisis Could Impact America (www.huffingtonpost.com)
Below the water line.
-
10.Bank lending plummets as Wall Street strangles economy (www.viewsflow.com)
Hold fast the captain shouted from the bridge as the frigid water swirled about his shoulders neck head until naught left but a floating cap.
-
11.Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis (www.nytimes.com)
"Instruments developed by Goldman Sachs, JPMorgan Chase and a wide range of other banks enabled politicians to mask additional borrowing in Greece, Italy and possibly elsewhere."
World wide web of deceit.
-
12.Greece debt bailout: EU leaders split over euro crisis (www.dailymail.co.uk)
Collapse of the Euro?
-
13.Issuer of 79.9 interest rate credit card defends its product (finance.yahoo.com)
Problem? There are unlimited percentages yet to be attained.. Like Weimar numbers..
-
14.What the Iconic Labor Battle at Hugo Boss Means for Our Economic Future (www.huffingtonpost.com)
On the economic front we haves been invaded. We didn't battle, we were duped by our own "leaders".
-
15.China Defaulting Loans Soar, Insolvency Lawyer Says (www.bloomberg.com)
Wow first world cancer while transitioning from a third world economy.
One from column A and One from column B
-
16.Secret summit of top bankers (www.news.com.au)
Secret.... or hidden.
"Dubai should have been an isolated incident and now we are seeing issues with Greece, Portugal and Spain.''
...but everywhere else is O..K..?
-
17.Paulson's book details GE chief's private concerns in 2008 over company's debt (www.washingtonpost.com)
"The following week, the FDIC changed its rules. And by early November, GE was accepted into the program. Analysts said that the program was critical to GE's financial health and that it enabled the company to avoid paying exorbitant prices to sell debt in late 2008."
Remember when GE used to produce toasters and jet engines (jobs) in America? Now they are screwing share holders (misleading them) and along with Paulsen conning American tax payers into bailing them out as if they were a bank (in the true definition). -
18.Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds (www.bloomberg.com)
He beat them to it. He ruined the economy himself.
-
19.Bankers Gather at Davos to Plot Against New Regulations (www.bloomberg.com)
“The bankers are loving this because they know we will never get an agreement and we’ll never get regulation and we’ll go back to where we were,”
-
20.Egypt's fertile Nile Delta falls prey to climate change (news.yahoo.com)
Amazing little story. Food supplies challenged, potential forced migration. A bitter first taste of global warming.
-
21.Bankrupt Tribune Company Hands Out $45 Million In Bonuses (www.businessinsider.com)
The big business disconnect. But don't ask them to pay higher taxes for the roads they use or the water consumed, services provided and waste. Its just bad for business.
-
22.
CITGO Petroleum Company, purchased by Venezuela's state-run oil firm Petróleos de Venezuela in 1990. Through the association, Venezuelan socialist leader Hugo Chavez might conceivably "spend government funds to defeat an American political candidate, just by having CITGO buy TV ads bashing his target." - "The Saudi government owns Houston’s Saudi Refining Company and half of Motiva Enterprises. Lenovo, which bought IBM’s PC assets in 2004, is partially owned by the Chinese government’s Chinese Academy of Sciences. And Singapore’s APL Limited operates several U.S. port operations. A weakening of the limit on corporate giving could mean China, Saudi Arabia, Singapore, and any other country that owns companies that operate in the U.S. could also have significant sway in American electioneering."
-
23.Supreme Court Blocks Ban on Corporate Political Spending - NYTimes.com (www.nytimes.com)
"“a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.” - Obama
The final stone is cast in the disassembling of the United States.
-
24.
"make the planet healthier and decrease US dependence on foreign oil. Advocates should emphasize words like "cleaner," "healthier," and "safer"; scrap "green jobs" in favor of "American jobs," and ditch terms like "sustainability" and "carbon neutral" altogether. "It doesn't matter if there is or isn't climate change," he said. "It's still in America's best interest to develop new sources of energy that are clean, reliable, efficient and safe."
-
25.AIG 100-Cents Fed Deal Driven by France Belied by French Banks (www.bloomberg.com)
Merd
Powered by