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Double a No one is agreeing with my saying america has gone fascist. We now have to adjust to this new way of life. Best and most stable jobs will be working for government agencies. Private schools, & public State police Sheriff Wal-Marts as other retailers go under. Lots of street cleaners. Lots of gated communities. a different stock market. No freedom of rights for the poor. No need to vote in 12 years. I could go on and on,but best we think of Italy in the 30s and it will relate with America in 12 years completely Greed and corruption destroyed the greatest democracy that was ever known. I die with a sad heart I was the power of #1,and all the others rolled over and played died,because they had fear in their hearts. Democracy has to be fought for at times to keep it alive,and that takes people with brave hearts. In reality the Mafia had the most money and stronger will. They had a plan,and carried it out to the end. I could realize what they were up to,but had few listeners. Bert
"Most of the largest U.S. airlines have doubled a surcharge for travel on the busiest travel days to $20 each way."
NW Natural's quarterly loss smaller than expected!
"Northwest Natural Gas Co. lost $6.7 million, or 25 cents per share, on revenues of $116.9 million in the quarter ended Sept 30. That compares to a loss of $10.1 million, or 38 cents per share, on revenues of $109.7 million in the third quarter of 2008."
Britain puts more money in banks, imposes breakup!
"The change effectively pumps almost $65 billion more into the two banks and could result in the creation of as many as three new commercial banks."
Multnomah County (OR) defaults up 18 percent in October!
"I visited the Multnomah County recorders office on Monday and found that notices of defaults, the first step of a foreclosure, rose 18 percent in October from October 2009. There were 448 defaults filed in October. That brings the 2009 total through 10 months to 4,784. That's a 59 percent jump from the same period a year earlier."
CIT Group Judge Allows Loans, Fast-Track Bankruptcy!
"CIT Group Inc., the bankrupt 101- year-old commercial lender, can borrow an immediate $125 million and make intercompany loans as it attempts to exit bankruptcy on a fast track and keep its customers funded."
White House Notes 'Stake' In CIT Bankruptcy Proceeding!
"WASHINGTON (Dow Jones)--The White House clearly has an interest in how CIT Group Inc.'s bankruptcy plays out given that taxpayers have provided the lender billions of dollars in financial aid, the White House said Tuesday. "There's obviously a process that will now be ongoing in terms of their planned bankruptcy, but obviously, we have a stake in how that comes out as taxpayers have invested that money," said White House spokesman Robert Gibbs in a press briefing Tuesday."
Default Swap Contracts Over $3 Billion Triggered By CIT Bankruptcy!
Business Bankruptcy Filing Increased 7% in October!
Gold Climbs to Record as India's Central Bank Buys From IMF!
"Blount International, a Milwaukie-based maker of chains for chain saws, on Tuesday reported net income of $11.3 million, or 23 cents a diluted share, on sales of $130.4 million for the third quarter ending Sept. 30. The company's net income was down 24 percent from the $14.8 million earned in the third quarter a year earlier."
FTC sues to halt Beaverton firm's credit card offers!
"The Federal Trade Commission says a credit-card catalog offer was really a payday loan scam targeting people with poor credit."
Kraft says profit falls, Cadbury remains appealing!
"NORTHELD, Ill. - Kraft Foods said Tuesday that slower sales, lower retail food prices and the comparison with a gain a year ago helped cut its third-quarter profit 40 percent, but the company raised its forecast for the year."
Global wages falling this year, UN says!
"GENEVA - Global wages fell in the United States and some other wealthy nations in the second quarter of the year, raising questions about whether workers are sharing in any economic recovery, the U.N. labor agency said Tuesday."
Johnson & Johnson sets restructuring, plans charge!
"NEW YORK - Johnson & Johnson said Tuesday it will trim layers of management, CUT JOBS, and set other restructuring moves in order to save up to $900 million next year."
Personal Bankruptcies Climb 9% in October!
Research Firm: US Lost 284,000 Jobs in October, and 5.9 Million in 12 Months!
Bankruptcies:
Panolam Holdings Company - Chapter 11
Norwood Promotional Products Holding - Chapter 7
Fisher Electronic Inc - Chapter 7
Closings:
Definition for Her Store
Johnson & Johnson closing 2 Philadelphia Facilities
National Fuel Closing Customer Service Center in Niagara Falls
Update: Stiefel to Close Coral Gables Facility
Sitton Motor Line to Close
Trompeter Electronics Closing in Mesa - 135 Jobs Lost
Times Inc Shuts Down Fortune Small Business Magazine
Jean Georges to Shutter Vong Restaurant
KR Castlemaine Closing Toowoomba Plant in Queensland
A.H. Belo Corporation Closing Dallas Plant
Bridgeport Senior Center
Corporate Skirts
22 Mortgage Modification Companies
Ham's Restaurant closing 2 Locations
Princeton Athletic Club
Harvey Building Products Closing Springfield Facility
Transcraft Corporation
L.L Bean to Close Outlet Store in Portland Maine
Catholic Central Elementary School in Appleton
Layoffs:
Citigroup - 175
Fortune Small Business Magazine - 11
Abington Teachers Notified of Layoffs
Sunrise Greetings - 11
Anglo Irish Bank - 230 Globally
Macomb County - Layoffs Today?
Update: Microsoft Confirms 800 Layoffs
Goochland County School Faces Layoffs
Daimler - 1,000 Layoffs in Germany
The Glen Electric Plant ( International ) - 40
Update: Navilyst Medical - 47
Comcast - Layoffs Coming 4th Quarter?
Tennessee Governor - Layoffs Likely
Wheatland Tube Company - 40
Daimler - Offers Buyouts to Workers
BTD Manufacturing - 10% Reduction in Workforce
Wilsonart - 10% of US Workforce
Robinson Memorial Hospital - 54
Kingfisher - 100
Bmibaby Air Carrier ( International ) - 136
Riverside County - Less Revenues = Layoffs Warnings
Maui Land & Pineapple Co - Layoffs Coming End of Year
Sport Illustrated - 15 to 20
City of Tracy - Moving Ahead with Layoffs
Benton County - 8
Janssen Pharmaceutical - Layoffs Possible
NASCAR - More Layoffs This Year At End of Season
Associated British Foods - 400 Possible Layoffs
Lonza Group AP ( International ) - Cutting 5% of Workforce
"State officials received notification today that Sun Microsystems plans to lay off 42 employees at three Hillsboro sites in January, part of a broader restructuring announced last month. Sun announced on October 20 that it would lay off as many as 3,000 worldwide over the next 12 months. Oracle is in the process of buying California- based Sun, but the deal is being held up by European regulators. In earlier cuts, Sun laid off 48 at its Hillsboro sites. The company once employed 600 at in its Oregon supercomputing operations, which are descended from onetime Oregon technology star Floating Point Systems. Sun did not immediate respond to inquiries about the size and nature of its remaining Oregon operations."
NY attorney general files antitrust suit against Intel!
"New York's attorney general hit Intel Corp. with an antitrust lawsuit Wednesday, claiming the company used "illegal threats and collusion" to dominate the market for computer microprocessors. Following a similar case in Europe, Attorney General Andrew Cuomo claimed that the world's biggest computer chip maker paid billions of dollars in kickbacks to computer manufacturers and retaliated against those that did too much business with Intel's competitors, namely Advanced Micro Devices Inc. Intel used its market prowess to "rule with an iron fist," Cuomo said. "Rather than compete fairly, Intel used bribery and coercion to maintain a stranglehold on the market," Cuomo said in a written statement. "Intel's actions not only unfairly restricted potential competitors, but also hurt average consumers who were robbed of better products and lower prices." Intel has 15,000 Oregon workers, more than any other business in the state."
L'Oreal 3rd quarter sales fall 0.7 pct!
"PARIS - French cosmetics giant L'Oreal SA said Thursday its revenue slipped 0.7 percent in the third quarter on lower sales of its creams and ointments targeted at the luxury and professional beauty care markets."
UK liquor store chain to close 373 stores!
"LONDON - Britain's First Quench liquor store operator will close nearly a third of its 1,300 sites and fire more than 1,700 employees, administrator KPMG said Thursday."
(You can almost hear the silent screams from Britain's drinking population!)
MGM Mirage loses $750M as CityCenter's value drops!
"LAS VEGAS - MGM Mirage's latest casino project isn't open yet, but a drop in the $8.5 billion complex's value combined with falling revenue to push the casino operator into the red in its third quarter, the company said Thursday."
(Craps!)
Ellen Tracy - Files Chapter 11!
Closing:
Bostwicks
First Quench liquor store ( International ) - 373 Stores
NGR Energy Power Plant in Sometset
BoarsHead Theater Temporary Closing / Laying off Employees
Bank of America Closing Lynchburg Va Office
The Lighting Center in Manitowoc
Blockbuster closing Newark Location
Hard Bodies in Richmond
Edina Realty Closing its Austin Office
Harp & Whistle Restaurant and Pub Closed - 26 Layoffs
Peoples Banks Possibly Closing 2 Kitsap Branches
Layoffs:
NetJets - 500
Day Pitney - 30
Seagoe Technologies ( International ) - 30
GM - Some Temporary Layoffs could Become Permanent
Mercks - Possible 16,000 Layoffs?
Merced County - 300 Buyouts / Early Retirement
Trinity Mirror ( International ) - 17 Editorial Jobs
Chevron ( Cook Inlet ) - 25
Real Networks - 4% of Workforce
Classmates - 71
(Oh now! How will I ever find my classmates now?)
Alabama State Agencies Laying off
Update: City of Elyria - Probably 15 Officers
City of Perris - Layoffs but How Many?
Neenah Common Council Approves City Teamsters Union Layoffs in 2010
City of Ukiah approved - 21 Layoffs
City of Henderson - Layoffs Likely
Schuyler County - 12 Layoffs Possible
Summit County - Plans 45 Layoffs Next Month
Washington Parish Sheriff's Office - 20
Sun Microsystems in Hillsboro - 42
Nordyne - 110
Sparta-Hancock County Library - Cutting Hours / Jobs ?
"U.S. unemployment rate tops 10%, 26-year high: There's no way to sugar coat the Labor Department report this morning that the U.S. economy shed 190,000 jobs in October and the unemployment rate jumped from 9.8 percent in September to 10.2 percent in October, a 26-year high. The New York Times reports the biggest losses came in the construction, manufacturing and retailing sectors. Dean Baker, a director for the Center for Economic and Policy Research, told the Times the report was "a pretty bad story" and said he did not expect to see declining unemployment rates until next spring. "We may be looking at very high levels," Mr. Baker said, "barring a policy response, for several years into the future." Calculated Risk reports that the current recession is the worst since WWII in percentage terms, and second worst in terms of the unemployment rate. Only the early 1980s recession with a peak of 10.8 percent was worse."
Lazy Days RV Center of Tampa Bay files for chapter 11 bankruptcy!
"Lazy Days, based in Seffner, said in early September that it planned a bankruptcy filing, citing the impact of the recession, especially on the recreational vehicle industry. The company is the largest single- site recreational vehicle dealer in the world, and among the largest privately owned companies in the Tampa Bay area, ranking No. 11 on the Tampa Bay Business Journal’s Top 200 list this year with $530 million in 2008 revenue."
Nelson farm files for bankruptcy!
A 2,000-plus acre farm in Nelson County ('VA) valued at $15.5 million filed for bankruptcy on Wednesday, a day before it was scheduled to go up for public auction on the steps of the Lovingston courthouse. Black Eagle Farm was being foreclosed on because of failure to pay on a $5.29 million loan from a Charlottesville bank. It also owes about $56,000 in local taxes. The bankruptcy documents filed Wednesday halted the foreclosure auction. In the filing, farm officials said the farm incurred expenses to expand in 2008 and has suffered lower profits since then due to the recession, and it is trying to refinance its debt.
Closing:
Myoptix Fashion Eyewear
Update: Cheswick Theatre on Pittsburgh Street
The Inside and Out Playground in Waterville
Aber’s Hallmark on Baltimore Street
Carhartt to close Glasgow Facility
Clemons Inc. of Newton
Paper Lily Closing
Elder-Beerman Salem Furniture Gallery in Trotwood Ohio
Update: GM plans to Close Solar Plant in Delaware
Maple Lane Youth Prison at Grand Mound Possibly closing
Genmab to Sell US Plant, 300 Jobs Cut Across the Business
Vlana Vlee store at the Pinehurst Square
Miramx closing NYC Offices
Kmart in Jeffersonville Closing After Holidays
Dingbats Restaurant Closing at the Galleria
Age of Aquariums in Goshen
Conway Bus Plant ( International ) Closing - 477 Layoffs?
Scranton Ford
Update: Paradise Sushi Bar in North Myrtle Beach
Crane & Co. Closing North Adams Plant
Saturn of Flint
Aurora Pharmacy located in Sentry Foods
Layoffs:
Puerto Rico - Eliminated 2,000 Civil Service Jobs
SunGard - < 200
The Washington Nationals - Layoff Reported
Midwest Stamping LLC - 198
Lewis County - Possible layoffs?
Update: Ameren - Job Cuts Grow to 300
Regence BlueCross Blue Shield - 400
GTC Biotherapeutics of Framingham - 45
Petermann - 110
City of Escanaba - 8
Goodwin Procter - 55
British Airlines - Post Huge Loss , 5,000 Job Cuts by Year End
Leviton Manufacturing Co. Inc - 100
Duke University - 400 so Far, More to Come?
Hilliard Corporation - 30
Cooley Dickinson Hospital - 20 to 25
Daramic - 100
Ontario Legal Aid Program - Layoffs Coming
Brown Corporation - 264
Farley's & Sathers Candy Co - 175
Indiana Schools Warn of Funding Cuts - Layoffs Possible
On Nov 2, 6:17 pm, herbertglaz...@webtv.net (G=EMC^2 Glazier) wrote:
> Double a No one is agreeing with my saying america has gone fascist. > We now have to adjust to this new way of life. Best and most stable jobs > will be working for government agencies. Private schools, & public State > police Sheriff Wal-Marts as other retailers go under. Lots of street > cleaners. Lots of gated communities. a different stock market. No > freedom of rights for the poor. No need to vote in 12 years. I could go > on and on,but best we think of Italy in the 30s and it will relate with > America in 12 years completely Greed and corruption destroyed the > greatest democracy that was ever known. I die with a sad heart I was > the power of #1,and all the others rolled over and played died,because > they had fear in their hearts. Democracy has to be fought for at times > to keep it alive,and that takes people with brave hearts. In reality the > Mafia had the most money and stronger will. They had a plan,and carried > it out to the end. I could realize what they were up to,but had few > listeners. Bert
I heard most every word, and even believed most of them.
If you walked around your block or throughout your surrounding community, how many would sign up for agreeing with you?
Even the worse Mafia types hire locals, as outsiders for accomplishing those everyday chores. Perhaps you could become one of their drivers, or how about one of their local revenue collectors? How about getting paid a bounty or commission for collecting from those pesky deadbeats like yourself that can't afford that yucky but spendy water, or collecting on behalf of all that toxic coal produced energy that's also as spendy as anywhere on Earth.
I had a client that became a multi-millionaire and major landlord, all from running those mostly cash-cash sorts of easy to skim and privately hoard some portion of that unmarked loot away from those pay- parking lots. The funny thing is, he really didn't seem to know how to go about spending it without raising multiple red flags, and the only friends he had were those on his payroll or as having been contracted. His home was nothing to brag about (plus having lousy/ cranky neighbors), and his $10+ million dollar yacht wasn't worth $2M on the day it was launched, and never had an uneventful cruise because of multiple complications that could have been easily avoided (I'm fairly certain he's got more than $12M invested plus at least having another million in insurance loot pored into that silly and terribly inefficient boat, plus his moorage, major deductible insurance and various operating cost of at least another $250K/year, that which probably in a very good sellers market could not return $1.3M on that original investment, or at best ten cents on the dollar). The good news about all this is, the other 90 cents on the dollar went extensively into the local economy, so perhaps the dumb and dumber the Mafia, the more gets spent.
On Nov 2, 4:32 am, herbertglaz...@webtv.net (G=EMC^2 Glazier) wrote:
> Double A Tolls taken directly out of your credit card. No need for > people sitting in a booth. Very first big bankruptcy was the train > company owned by Walter Annenberg who made 60 million on it as it went > under. He became westcoast Mafia head man He and president Nixon put the > NASA shuttle together and the rest is 40 years of history. I wonder how > much money was made on GM bankruptcy. Inside information on stocks is > no longer a crime. The days of Martha Steward are over. Bert
If Martha was only a little more Jewish, she'd still be insider trading.
> On Nov 2, 4:32 am, herbertglaz...@webtv.net (G=EMC^2 Glazier) wrote:
> > Double A Tolls taken directly out of your credit card. No need for > > people sitting in a booth.
> Yeah, I just read that on the Tacoma Narrows bridge it's $2.75 if > you're carrying your transponder chip, otherwise $4.00 cash. > Politicians would like to tax us on how many miles we drive based on a > tracker chip in our car. It could also track our whereabouts at all > times! No need for ankle bracelets anymore. We would all be on the > tracking system!
> > Very first big bankruptcy was the train > > company owned by Walter Annenberg who made 60 million on it as it went > > under. He became westcoast Mafia head man He and president Nixon put the > > NASA shuttle together and the rest is 40 years of history. I wonder how > > much money was made on GM bankruptcy. Inside information on stocks is > > no longer a crime. The days of Martha Steward are over. Bert
> Well they have repealed many of the wise rules that were put in place > after the crash of '29 to avoid stock manipulation and abuse. Joe > Kennedy had used every dishonest tactic there was to enrich himself in > the stock market, so they put him in charge of writing the rule book! > It worked for many years.
> Double-A
Alan Greenspan certainly took insider greed and corruption to new heights, as well as did their kosher approved SEC.
> On Nov 2, 4:01 pm, Double-A <double...@hush.com> wrote:
> > On Nov 2, 4:32 am, herbertglaz...@webtv.net (G=EMC^2 Glazier) wrote:
> > > Double A Tolls taken directly out of your credit card. No need for > > > people sitting in a booth.
> > Yeah, I just read that on the Tacoma Narrows bridge it's $2.75 if > > you're carrying your transponder chip, otherwise $4.00 cash. > > Politicians would like to tax us on how many miles we drive based on a > > tracker chip in our car. It could also track our whereabouts at all > > times! No need for ankle bracelets anymore. We would all be on the > > tracking system!
> > > Very first big bankruptcy was the train > > > company owned by Walter Annenberg who made 60 million on it as it went > > > under. He became westcoast Mafia head man He and president Nixon put the > > > NASA shuttle together and the rest is 40 years of history. I wonder how > > > much money was made on GM bankruptcy. Inside information on stocks is > > > no longer a crime. The days of Martha Steward are over. Bert
> > Well they have repealed many of the wise rules that were put in place > > after the crash of '29 to avoid stock manipulation and abuse. Joe > > Kennedy had used every dishonest tactic there was to enrich himself in > > the stock market, so they put him in charge of writing the rule book! > > It worked for many years.
> > Double-A
> Alan Greenspan certainly took insider greed and corruption to new > heights, as well as did their kosher approved SEC.
> ~ BG
Alan Greenspan was worshipped on Wall Street! Any time Greenspan spoke, CNBC interrupted all it's regularly scheduled programming to cover it in it's entirety!
Recession dampens Oregon wineries despite good harvest!
California Bank Failures will Cost FDIC $1.4 Billion
Consumer Borrowing Drops $14.8 Billion in September
Freddie Mac Loses $6.3 Billion in Third Quarter
Failure to Get Health Insurance Could Bring Fine, Jail Time...!
(Jeff has been warning us about this!)
"Failure to get health insurance could bring fines, possible jail
Phoenix Business Journal - by Mike Sunnucks
Failure to get health insurance could bring fines and possible jail time under a health care reform bill being considered by the U.S. House of Representatives.
The reform bill being pushed by House Speaker Nancy Pelosi, D-Calif., mandates some kind of health insurance similar to state mandates for car insurance.
Republicans opposed to the bill on the House Ways and Mean Committee said they received confirmation from the congressional Joint Committee on Taxation Friday that the Pelosi/House Democratic bill would penalize Americans who don’t get insurance either from private providers or the government.
“The JCT letter makes clear that Americans who do not maintain “acceptable health insurance coverage” and who choose not to pay the bill’s new individual mandate tax (generally 2.5% of income), are subject to numerous civil and criminal penalties, including criminal fines of up to $250,000 and imprisonment of up to five years,” House Republicans said in a statement Friday.
The Democratic bill looks to create a public health insurance system to help covered the uninsured. Various bills being considered in Congress have coverage mandates.
Ironically, both advocates of government-run health systems and some private insurance companies back mandated coverage. They say that will help reduce costs by cutting into uninsured patients showing up a emergency rooms.
But mandates for federal plans or private insurance worry civil libertarians worried about the dictums helping expand government power and insulate for-profit providers from competition.
“Individual mandates are a form of corporate welfare, forcing people to buy what they do not need or want and often can’t afford. The push for individual mandates does not emanate from concern over people who are uninsured, but from a desire to create a new funding pool to subsidize health care for others. To the extent it taxes marginal earners, it is Robin Hood in reverse,”Clint Bolick, Goldwater Institute litigation director. The Phoenix-based group favors limited government."
(What if we all simply insisted on serving the jail time?)
Closeing:
Report: Stream Processors Inc
Fun & Games Arcade at the FingerLakes
Resources for Child Care Closing North Adam Ma, Office
Update: Alcoa closing Plant in Lebanon VA - 76 Jobs Lost
UPS Supply Chain Solutions in Tuscan International Airport - 13 Layoffs
Roxboro’s Loxcreen plant Closed Last Week
Kefi Restaurant in Wilmington
Network Video & Blockbuster Video in Fort Walton Beach
Layoffs:
Ohio - Layoffs Force City Jail to Close
City of Palatine - Layoffs to Balance Budget?
Central Moloney Inc - 50
Alvord Unified School District - Layoffs Coming?
Update: Lewis County - 27 Layoffs Possible
Holyoke Soldiers Home - 10
Topeka Unified School District 501 - Layoffs Very Possible
Update: Chippewa County - 6 or 7 Layoffs
Shorewood Packaging Corporation - 33
Laguna Honda & San Francisco General Hospital - 600 Layoff Notices
DoubleA Freddie Mac Now is offering those it is kicking out of their homes (Foreclosures) a chance to stay and now rent. Mac took away their American dream,and made them back as renters. Its the American fascist way of changing dream into nightmare. Bert
On Nov 8, 5:56 am, herbertglaz...@webtv.net (G=EMC^2 Glazier) wrote:
> DoubleA Freddie Mac Now is offering those it is kicking out of their > homes (Foreclosures) a chance to stay and now rent. Mac took away their > American dream,and made them back as renters. Its the American fascist > way of changing dream into nightmare. Bert
Freddie Mac has to cut its losses (6.3 billion in losses!). Homes sitting empty are no use to it. First priority is to keep up those executive bonuses so the brass can afford to maintain those seaside mansions they own in the Bahamas! Everyone else can rent!
Double A Fascist American system allows big money right out of the treasury to make the rich richer. Banks just have to claim,and cook their books to show they lost say 50 billion and the same week they get this 50 billion as a gift.(no strings attached) M&M can't get a mere 2M. I can't seem to get food stamps. I get busy signal ,but banks get the bucks. Big money people that are known white collar crooks retire on Boca Grande,and get good old boy protection from Florida state police. The republicans here know how to take care of their Mafia lieutenants Its harder to cross the bridge going over to Boca Grande than getting into another country Here in Poinciana we have a gated(armed guard) community called Solavita,and its all Severn Trent Avatar retired Mafia people. They do not denial this fact. Actually they seem very proud of it. Well its their America Bert
Jeff Like you claim they will make me fat. Still I could save money on shopping and pay for my Embarq bill and electric that take a big cut out of my SS check. Had I a mortgage I would be #7 on my street on the street. Reality is right now living in a Severn trent avatar Mafia village I could only get 10% of what my house is excess for(cash money). Go figure I live for the day I am parked on Huntington beach looking at the valley girl's valleys. Love those tiny tight bikini and no tops necessary. Jeff do you think I am a dirty old man? Sure hope Darla does not read some of my sex fantasy stuff. Still she is clever and knows its a Freudian world. That sex is humankinds moving force. Bert
Jeff So you all are my virtual grandkids. Seems viagra is not covered by medicare,and at 13 bucks a pill it makes the pharmacists pimps. Do you think Obama's health plan will cover viagra? It would get him the elderly vote. Pee-Air would make sure he got our vote. He still has high hopes Bert
"The Vancouver-based fitness company reported lower third-quarter losses despite a 34 percent drop in sales."
Fannie Mae tax credit decision could cost $5.2 bln!
"Federal lender requested $15 billion financial aid last week after reporting $19.8 billion quarterly loss."
More job cuts planned at Star Tribune!
"MINNEAPOLIS - The Star Tribune is cutting about 100 jobs as Minnesota's largest newspaper further trims costs after emerging from bankruptcy protection."
Gazprom's profits cut in half in first half 2009 !
"MOSCOW - Russian gas company Gazprom saw profit cut in half in the first six months of the year as the cost of natural gas it buys from Central Asia soared and demand plummetted in Europe."
Dollar down again as G20 backs ongoing stimulus!
"LONDON - The euro pushed back up above $1.50 Monday after finance ministers from the Group of 20 rich and developing countries steered clear from addressing the weakness of the U.S. currency against most of its competitors at a meeting over the weekend."
Nokia to recall 14 million chargers!
"HELSINKI - Nokia Corp. announced Monday that some 14 million mobile phone chargers could be dangerous for users and said it will replace them free of charge."
Dish Network 3rd-quarter profit falls!
"ENGLEWOOD, Colo. - Dish Network Corp. said Monday third-quarter profit fell 12 percent as its subscriber base edged up."
Teton Energy files for Chapter 11 bankruptcy protection [Denver]
Advanta files for Chapter 11 [Philadelphia]
"Advanta Corp., once one of the largest credit card lenders to small businesses, filed to reorganize under Chapter 11 bankruptcy protection Sunday night."
Bank of Miami foreclosing on Fort Lauderdale apartments, Exxon station [South Florida]
Commercial developer Catlin files for personal bankruptcy [Sacramento]
RV dealer Marshall’s Traveland out of gas: Bankruptcy result of $4.2M of debt [Austin]
Teton Energy - bankrupt
MBIA Loses $728 Million As Slow Down Hits Bond Insurer
State of Georgia Tax Revenues Fall 17.8% in October
Banker's Bonuses: 40% Bigger This Year
(B I G G E R ? ! ! !)
Closing:
Mount Bachelor Educational Center Inc.
Catevo Group Closing - 25 Layoffs
Update: Happy Foods in Skokie Closed
The Crystal Cinema in the Town of Erwin
Sonic drive-in on Apperson Drive in Salem
Western Refining Inc Plans to shutter its Bloomfield, N.M.Refinery
> "The Vancouver-based fitness company reported lower third-quarter > losses despite a 34 percent drop in sales."
> Fannie Mae tax credit decision could cost $5.2 bln!
> "Federal lender requested $15 billion financial aid last week after > reporting $19.8 billion quarterly loss."
> More job cuts planned at Star Tribune!
> "MINNEAPOLIS - The Star Tribune is cutting about 100 jobs as > Minnesota's largest newspaper further trims costs after emerging from > bankruptcy protection."
> Gazprom's profits cut in half in first half 2009 !
> "MOSCOW - Russian gas company Gazprom saw profit cut in half in the > first six months of the year as the cost of natural gas it buys from > Central Asia soared and demand plummetted in Europe."
> Dollar down again as G20 backs ongoing stimulus!
> "LONDON - The euro pushed back up above $1.50 Monday after finance > ministers from the Group of 20 rich and developing countries steered > clear from addressing the weakness of the U.S. currency against most > of its competitors at a meeting over the weekend."
> Nokia to recall 14 million chargers!
> "HELSINKI - Nokia Corp. announced Monday that some 14 million mobile > phone chargers could be dangerous for users and said it will replace > them free of charge."
> Dish Network 3rd-quarter profit falls!
> "ENGLEWOOD, Colo. - Dish Network Corp. said Monday third-quarter > profit fell 12 percent as its subscriber base edged up."
> Teton Energy files for Chapter 11 bankruptcy protection [Denver]
> Advanta files for Chapter 11 [Philadelphia]
> "Advanta Corp., once one of the largest credit card lenders to small > businesses, filed to reorganize under Chapter 11 bankruptcy protection > Sunday night."
> Bank of Miami foreclosing on Fort Lauderdale apartments, Exxon station > [South Florida]
> Commercial developer Catlin files for personal bankruptcy > [Sacramento]
> RV dealer Marshall’s Traveland out of gas: Bankruptcy result of $4.2M > of debt [Austin]
> Teton Energy - bankrupt
> MBIA Loses $728 Million As Slow Down Hits Bond Insurer
> State of Georgia Tax Revenues Fall 17.8% in October
> Banker's Bonuses: 40% Bigger This Year
> (B I G G E R ? ! ! !)
> Closing:
> Mount Bachelor Educational Center Inc.
> Catevo Group Closing - 25 Layoffs
> Update: Happy Foods in Skokie Closed
> The Crystal Cinema in the Town of Erwin
> Sonic drive-in on Apperson Drive in Salem
> Western Refining Inc Plans to shutter its Bloomfield, N.M.Refinery
At any time it's going to turn around, mostly because there will be no remaining employees to lay off. So, perhaps the bottom of this Republican and Zionist Nazi contrived mess is in sight.
> On Nov 6, 5:20 pm, BradGuth <bradg...@gmail.com> wrote:
> > On Nov 2, 4:01 pm, Double-A <double...@hush.com> wrote:
> > > On Nov 2, 4:32 am, herbertglaz...@webtv.net (G=EMC^2 Glazier) wrote:
> > > > Double A Tolls taken directly out of your credit card. No need for > > > > people sitting in a booth.
> > > Yeah, I just read that on the Tacoma Narrows bridge it's $2.75 if > > > you're carrying your transponder chip, otherwise $4.00 cash. > > > Politicians would like to tax us on how many miles we drive based on a > > > tracker chip in our car. It could also track our whereabouts at all > > > times! No need for ankle bracelets anymore. We would all be on the > > > tracking system!
> > > > Very first big bankruptcy was the train > > > > company owned by Walter Annenberg who made 60 million on it as it went > > > > under. He became westcoast Mafia head man He and president Nixon put the > > > > NASA shuttle together and the rest is 40 years of history. I wonder how > > > > much money was made on GM bankruptcy. Inside information on stocks is > > > > no longer a crime. The days of Martha Steward are over. Bert
> > > Well they have repealed many of the wise rules that were put in place > > > after the crash of '29 to avoid stock manipulation and abuse. Joe > > > Kennedy had used every dishonest tactic there was to enrich himself in > > > the stock market, so they put him in charge of writing the rule book! > > > It worked for many years.
> > > Double-A
> > Alan Greenspan certainly took insider greed and corruption to new > > heights, as well as did their kosher approved SEC.
> > ~ BG
> Alan Greenspan was worshipped on Wall Street! Any time Greenspan > spoke, CNBC interrupted all it's regularly scheduled programming to > cover it in it's entirety!
> Double-A
Isn't that a sad matter of fact. Just like so many Jews had been screwed by their own kind, here we get to sample the same treatment, and to think we're not even Jewish. Go figure.
Glazier) wrote: >Jeff So you all are my virtual grandkids. Seems viagra is not covered >by medicare,and at 13 bucks a pill it makes the pharmacists pimps. Do >you think Obama's health plan will cover viagra? It would get him the >elderly vote. Pee-Air would make sure he got our vote. He still has high >hopes Bert
> On Nov 9, 6:55 pm, Double-A <double...@hush.com> wrote:
> > Nautilus curbs losses despite lower sales!
> > "The Vancouver-based fitness company reported lower third-quarter > > losses despite a 34 percent drop in sales."
> > Fannie Mae tax credit decision could cost $5.2 bln!
> > "Federal lender requested $15 billion financial aid last week after > > reporting $19.8 billion quarterly loss."
> > More job cuts planned at Star Tribune!
> > "MINNEAPOLIS - The Star Tribune is cutting about 100 jobs as > > Minnesota's largest newspaper further trims costs after emerging from > > bankruptcy protection."
> > Gazprom's profits cut in half in first half 2009 !
> > "MOSCOW - Russian gas company Gazprom saw profit cut in half in the > > first six months of the year as the cost of natural gas it buys from > > Central Asia soared and demand plummetted in Europe."
> > Dollar down again as G20 backs ongoing stimulus!
> > "LONDON - The euro pushed back up above $1.50 Monday after finance > > ministers from the Group of 20 rich and developing countries steered > > clear from addressing the weakness of the U.S. currency against most > > of its competitors at a meeting over the weekend."
> > Nokia to recall 14 million chargers!
> > "HELSINKI - Nokia Corp. announced Monday that some 14 million mobile > > phone chargers could be dangerous for users and said it will replace > > them free of charge."
> > Dish Network 3rd-quarter profit falls!
> > "ENGLEWOOD, Colo. - Dish Network Corp. said Monday third-quarter > > profit fell 12 percent as its subscriber base edged up."
> > Teton Energy files for Chapter 11 bankruptcy protection [Denver]
> > Advanta files for Chapter 11 [Philadelphia]
> > "Advanta Corp., once one of the largest credit card lenders to small > > businesses, filed to reorganize under Chapter 11 bankruptcy protection > > Sunday night."
> > Bank of Miami foreclosing on Fort Lauderdale apartments, Exxon station > > [South Florida]
> > Commercial developer Catlin files for personal bankruptcy > > [Sacramento]
> > RV dealer Marshall’s Traveland out of gas: Bankruptcy result of $4.2M > > of debt [Austin]
> > Teton Energy - bankrupt
> > MBIA Loses $728 Million As Slow Down Hits Bond Insurer
> > State of Georgia Tax Revenues Fall 17.8% in October
> > Banker's Bonuses: 40% Bigger This Year
> > (B I G G E R ? ! ! !)
> > Closing:
> > Mount Bachelor Educational Center Inc.
> > Catevo Group Closing - 25 Layoffs
> > Update: Happy Foods in Skokie Closed
> > The Crystal Cinema in the Town of Erwin
> > Sonic drive-in on Apperson Drive in Salem
> > Western Refining Inc Plans to shutter its Bloomfield, N.M.Refinery
> At any time it's going to turn around, mostly because there will be no > remaining employees to lay off. So, perhaps the bottom of this > Republican and Zionist Nazi contrived mess is in sight.
> ~ BG
That and the fact that as most out of work workers use up their one year plus extensions worth of unemployment benefits, they no longer show up in the government statistics! Ain't government math wonderful?
"The measure would give the government new power to prevent another financial system meltdown and protect consumers. Dodd's 1,100 page- draft would strip the Federal Reserve and other regulators of their powers to regulate banks and hand that job to a single agency. The bill also would take away the Fed's ability to monitor credit cards and mortgages and establish a new "Consumer Financial Protection Agency.""
(Taking powers away from existing agencies and giving it to new ones, what does that accomplish? Sounds like a grandstanding version of rearranging deck chairs on the Titanic to me!
Feds bust ATM hacking ring!
"Authorities indict eight people from Russia, Estonia and Moldova of stealing $9 million within 12 hours last November."
(Leave it to foreigners to be the first to outsmart our technology!)
Fed officials: Weak recovery won't spur jobs!
"The central bank officials say unemployment will remain high for years because the economy won't be able to spark robust hiring."
German investor confidence falls in November!
"FRANKFURT - German investor confidence fell in November from the previous month, a leading German survey showed Tuesday, reflecting doubts about the sustainability of economic recovery."
OMV Q3 net profit down 37 percent!
"VIENNA - Austrian oil and gas company OMV AG said Tuesday its net profit for the third quarter dipped 37 percent due to the steep drop in crude prices and refining margins over the past year."
Ambac Warns It May File For Bankruptcy >ABK
Ambac Financial Group Inc. (ABK) shares fell 12% Tuesday after the bond insurer said it may file for bankruptcy protection. Ambac said in a regulatory filing late Monday that it should have enough liquidity to satisfy its needs through the second quarter of 2011. But Ambac also warned that in the long term its main bond insurance unit, Ambac Assurance, may not be able to pay enough dividends to the holding company. That means the company may not have enough money to pay operating expenses and debt it owes, including a payment that's due in August 2011, the company explained in the filing.
(Are your grandmother's bonds insured by Ambac? Don't count your inheritance too soon!)
Third quarter mass layoff actions hit record!
"U.S. employers initiated 1,776 extended mass layoff actions in the third quarter this year, the highest third-quarter total since the Labor Department began its mass-layoff data series in 1995. The mass layoff actions separated 277,924 workers from their jobs. (Extended mass layoffs are defined as actions that lay off at least 50 employees from a single work place for at least 30 days.) One-third of the employers that reported mass layoffs in the quarter said they expected to recall at least some employees in the future. Manufacturing companies were responsible for 29 percent of the layoff actions, but the mass layoffs were spread over nine major industry sectors. About half of the employers cited business demand (or lack thereof) as the reason for the layoffs."
(Did somebody say, "Recovery"???)
Bankruptcies:
Wilkes Bashford
Coharie Farms
Hacketts to File Bankruptcy Soon
Closing:
Millbrook Custom Cabinetry in NY
Bentley and Donovan Fine Jewelry
Strike Zone Sports Cards & Gaming Closing Store
Dish Network Plan to Close McKeesport Facility - 600 Jobs Lost
Weave Corporation
Update: Clayton Engineered Tools - 40 Layoffs
Blockbuster Closing 4 Oklahoma City Stores
Red Cross Closing Mobile County Shelter
Club Kryptonite in Myrtle Beach
Ralph Lauren Closing Warehouse in Berkeley County - 100 Layoffs Resulting
Update: Ford Closing St Thomas Plant in Ontario
Ontario ( International ) - 172 Schools Could Close within 3 years
Dana Action Centre in Niagara Falls
AIG - Closed 25 Branches and Laid Off 300 in 3Q
Jackson Health Systems Closing 6 Units and 93 Layoffs
Metropolitan Home Magazine
BBDO Worldwide Closing its Detroit and Windsor Offices
The Strawberry Geranium in Sauquoit
Alzheimer's Association in Medford
St. Casimir's Catholic Church
Zoe Restaurant to Close
Conklin & Rorick Religious Shop
Layoffs:
Metro Parks & Recreation Board Ten. - Layoffs / Park Closures Possible
Ericsson - 17% of UK Workforce
Kolbe & Kolbe Millwork Co. Inc- 334
City of Utica - Mayor Ponders Layoffs
Douglas County Transportation
Sun Microsystems in Broomfield - 128
Albertsons - 246
Emmet County - 4+
Montmorency County - 1 or 2 Officer Layoffs Likely
NTELOS Holdings Corp - Layoffs Coming
Richard Petty Motorsports - 47
Stroud Area Regional Police Department - 3 Layoffs Tonight?
Greeley-Evans School District 6 - Layoffs Likely in 2010
7,500 Trucking Jobs Lost in October
Honda Swindon Factory ( International ) - 500
City of Roselle - 2 Officers
Arizona Schools will be Forced into Massive Layoffs Next Year, Unless Budget Crisis is fixed
Tiburon studio in Maitland FL - 51 part of EA Layoffs
"The Portland area and Oregon are still doing better than the national average in mortgage delinquencies and foreclosures. But the troubles here are growing worse at a faster than the nation in the September report from First American CoreLogic. Portland's delinquency rate was 5.99 percent in September, Oregon's 4.97 percent and U.S. 7.27 percent. But since September 2008, the delinquency rate in Portland and Oregon has grown more than twice as fast as the nation's. The foreclosure rate growth shows a similar is slightly less dramatic spread."
Portland 33rd biggest price decline in Q3!
"Portland-area single-family home prices fell 12.2 percent in the third quarter compared to a year earlier, the 33rd biggest decline in the National Association of Realtors existing home prices report. The region's median price was $244,500 in the third quarter. Salem's prices were $180,400, down 9.8 percent, 42nd biggest decline. Eugene had the 48th biggest decline at 8.1 percent to $206,600. Seattle- Tacoma tied with Eugene with an 8.1 percent fall to $321,500. Just to compare, Seattle's price is 31 percent higher than Portland's.Here's the complete list."
Deutsche expects 32% peak-to-trough house price decline!
"HousingWire reports on some very interesting figures and projections from Deutsche Bank. The highlights: The U.S. housing market is on track to lose 32 percent of its values from peak-to-trough. The bank pegs the total U.S. housing market of 75.5 million home owners at $24 trillion at its peak in the second quarter of 2006. That value has fallen to $18 trillion as of the second quarter of 2009. The bank expects it will fall to $16.3 trillion in the second quarter of 2010, 32 percent below the peak. The "sand states," as HousingWire calls them, account for an unbelievable 66 percent of the losses in housing wealth. Those would be California, Florida, Arizona and Nevada. The take aways here: It will be well into 2010 and maybe 2011 before Oregon sees bottom in the housing market and we can all blame this on the sand states."
Suits and liens!
The DJC: In Clackamas County Circuit Court: Columbia State Bank v. Bam Investments, foreclosure of trust deed, for $1 million .¤.¤. Coast Crane Co. v. Goodrich Framing and Construction, breach of contract, for $37,000 .¤.¤. KeyBank v. Elite Glass Works, breach of contract, for $51,000 .¤.¤. MBank v. Sunnyside Brook LLC, breach of contract, for $4.3 million .¤.¤. MBank v. Sunnyside Brook LLC, breach of contract, for $4.3 million .¤.¤. KeyBank v. Elite Glass Works, breach of contract, for $51,700 .¤.¤.
Idaho officials look at creating electricity from sugar beets!
"Idaho energy and business officials are considering a proposal to harness the steam from sugar beet processing and turn it into electricity."
Macy's posts smaller 3Q loss, raises outlook!
"The department store operator said today it lost $35 million, or 8 cents per share, in the quarter ended Oct. 31, compared with $44 million, or 10 cents per share, in the year-ago period."
World Bank warns unemployment threatens US economy!
"Official predicts problems with delinquencies of credit card loans, consumer loans, mortgages."
Hypo Real Estate posts another loss for Q3!
"BERLIN - Nationalized German lender Hypo Real Estate Holding AG on Wednesday reported another net loss for the third quarter as fallout from the financial crisis and loan-loss provisions continued to weigh on earnings."
Millbrook Custom Cabinetry files for bankruptcy [Albany]
Altus files for Ch. 7 bankruptcy [Boston]
NutraCea files Chapter 11 bankruptcy [Phoenix]
Foreclosure targets two Marriott-branded hotels in Miami [South Florida]
Gemcraft Homes - bankrupt
NutraCea - Files Chapter 11
Closing:
The Light Touch Spa
Hunter Printing in downtown St. Marys, Ohio
The Big Lots store in Commerce
Stogdill's TV & Appliance in Des Moines
Update: Saturn of Kalamazoo
Dawson Marine - Bankruptcy and Closing
HSBC closing Net Park Office in Tampa
Coffee Junction and Catonsville Village Bakery Closed?
The Elf Shop in Montgomery County
DSW Shoe Warehouse in Oro Valley
Stevens Graphics
Brigham’s Ice Cream in Boston
Blondie's IGA in Deadwood Considers Closing
The Yaramart
Ware Magnet School Possibly Closing End of School Year
Target in Port Richey
Whitehurst Muller Funeral Service
Layoffs:
Oakland Township - 2
AOL Layoffs Signal the Tip of the Iceberg
Current TV - 80
Bristol University ( International ) - 250
Large Scale Layoffs up 23% in Ohio
Supreme Mid -Atlantic Corp - 25
Uniontown Pa - 7 Firefighters
Applied Materials Inc - up to 15% of Workforce
City of Plainfield - 25 and 10% Tax Increase
Lams Inc - 180+
Experts Expect Massachusetts will Lose Ten of Thousands of Jobs before the Recovery
EL Paso - 300
Burlington Northern Santa Fe Railway - 15 to 17
The Arizona Daily Star - 6
City of Joliet - 6
Zac Posen and Gucci - Layoffs Coming?
ABX Air - 46
Wicks Building Systems - 500
State of Ohio - Expect 100 Bus Drivers / Monitor Layoffs
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