Poverty

The Drill Is On Leading To The Dead Dollar

Major computer malfunctions at three of the Dutch too big to fails

 

by Anthony Migchels on April 5, 2013

 

This week three banks, ING, Rabo and SNS, simultaneously suffered major computer malfunctions, leading to a temporary closure of their on-line facilities. Their problems were ‘unrelated’. It is completely unprecedented. The chances of a coincidence are close to zero. For years some in the blogosphere have speculated that ‘computer problems’ might be a good excuse for the Money Power to call a bank holiday and ‘reorganize’ their system. This looks like a drill.

 

By Anthony Migchels for Henry Makow and Real Currencies

Anthony goes on to speculate (as I have many times) that this is how it goes down. Just as it happened in Cyprus, certain laws will be enacted that TAKE your hard earned money and GIVE to the banksters who wouldn’t know what hard work is. This is being done under the guise of saving the Too Big Too Fail, because unlike hard-working folks, somehow they are not held to the same default/bankruptcy standards (funny ain’t it: that a “bank” can’t go “bankrupt”). You see, only the piddly little guy is held to that standard now.

Just two weeks ago, Chase Manhattan Bank had all their accounts roll back to ZERO. People went to check in and voila, NOTHING. But it was just a glitch. Um-Hm.

It was a test and they found that it can be done. So, when these banks pull these stunts and blame it on Iran, or Russia, or China, will you believe them? Will you grab your American flag and wave it as we launch World War LAST?

As Anthony states, something big is happening. All this direct thievery. All these banks having these computer problems simultaneously. Bankers resigning. Do you think that Doug Hagmann of Canada Free Press knows what he is talking about: that a preplanned assault is going on that will “Kill The Dollar”? Because, as you know, the Dollar is the Big Prize.

Some might be surprised to learn that the fate of America’s economy has already been determined, verified and announced by the Obama White House. Yet, it has received scant attention from the corporate media. In 2011, economist Kyle Bass interviewed a senior member of the Obama administration about its planned solutions for fixing the US economy and trade deficit[ia].

Among the questions he asked was about U.S. exports and wages, but the question itself was not nearly as important as the response he received from this senior administration official. In fact, this single, seven word response clarifies everything, explains everything, and leaves little else to discuss: “We’re just going to kill the dollar.”

April Fools!

Your Government Is A Joke

Article by horse237:

https://vidrebel.wordpress.com/2013/04/01/april-fools-your-government-is-a-joke/

Graphics by David Dees:

http://www.deesillustration.com/index.asp

Video clip (for illustration and education purposes):

Video and narration by BuelahMan:

http://buelahman.wordpress.com/

B’Man’s POS Watch: TN Sen Bob Corker

‘Bail-out’ Bob Corker can’t seem to grasp math except for his paying controllers and banker buddies. He was on Fox News Sunday lamenting about how atrocious Americans are that they are only paying a third of the costs of Medicare. Poor Bob and his American public funded health care. What an outrage he must feel.

His attack against the American public and especially health care is long standing:

On September 30, 2009 Corker opposed the health-care reform amendment that would legally allow Americans to buy cheaper Canadian drugs. Corker opposed President Barack Obama’s health reform legislation; he voted against the Patient Protection and Affordable Care Act in December 2009, and he voted against the Health Care and Education Reconciliation Act of 2010.

In late February 2010, Corker took a decidedly less bipartisan turn when he became the sole senator to back retiring Senator Jim Bunning

of Kentucky in filibustering a 30-day extension of expiring unemployment and COBRA benefits.

You see, Mr and Mrs Tennessean, at a time where you deserve all the help (and more) that his banker and war-mongering buddies receive, he wants to kick you in the nuts.

Bob, let me point this out, you ravenous war-hungry chicken hawk: Americans are paying 100% of the illegal and immoral wars you support with every vote, including your continued defense of the disastrous Iraq War:

Corker has become a defender of the Iraqi war since taking his seat in the 110th Congress. Despite frustration by the public, any further reduction in U.S. forces in Iraq must be based on improved conditions in the country, Corker said. He urged ultimate success will be determined by the Iraqi government, over which the U.S. has limited control, and the withdrawal of some of the troops that were added in 2007 has created some pressure on the Iraqi government, but warned

that further cuts now could destabilize the country.

Corker denied Democrat’s Afghan war strategy which boosts civilian efforts to rebuild the impoverished country and places nuclear-armed Pakistan at the center of the fight: “I have no idea what it is, other than sending additional troops. I hope we dig a lot deeper,” said Corker. He expected that the United States is having to build the economic and

governmental structure of Afghanistan after decades of war.

You see how that works, right? He wants to take away your healthcare and fights to stop the extra help needed for the unemployed, but has no problem spending $BILLIONS on shit holes of his making. People, will you ever wake up to this smarmy redneck who is spitting in your face and laughing at you on behest of his paymasters? He believes you are involved in “generational theft” because you have paid into and must use Medicare. As a matter of fact, he wants all social services cut to the bone or completely done away with. He has fought against you and good paying jobs many times, but expects even more money out of you to pay for his idiotic boondoggles of Empire and subservience to the Jewish banking cartel.

But, Bob, it is far deeper than just those two issues, you tainted SOB. They are paying 100% of the banker bailouts you vote for. They are paying 100% of your salary, including your benefits and healthcare.

You must know that the elections are rigged or most of your constituents are too ignorant for you to be able to say such things right now when your rich ass has little to worry about, but the rest of us are suffering and need all the help we can get. It doesn’t matter that most of your political career is stained with illegal property sales, missing records (just like your ‘nemesis’, Barack Obama), conflicts of interest galore.

He votes yes for warrant-less searches, additional funding for wars, increasing military spending, free trade agreements, continued IMF funding, cash for clunkers and the Patriot Act extensions. He voted no to auditing the Fed.

In other words, he votes AGAINST you, Mr and Mrs Tennesseans, and FOR his money providers. A true POS.

Some day, Bob, I hope people wake up and see you for the shill you are. You are despicable and those who vote for you are morons.

TN Senator Bob Corker Wants To Rebuild Trust In Cockroaches (Washington)

Bob, oh Bob, oh Bob…

Trust in you or the government is a foreign concept to most of your constituents. When I ask fellow Tennesseans if they trust you or the government (and I have asked quite a few, as of late), in 100% of the cases I get a resounding ‘no’ (sometimes, I have to wait until the laughs stop). When discussions arise about the job you and your rich, Israeli- supporting cohorts come up, it is a resounding 100% against. I cannot find one person who thinks you and your fellow usurpers are doing a good job.

Apparently, you are so divided from local residents in your actions that most prefer cockroaches, the flu and basically anything other than the likes of the criminal cabal you have created as a group. I read your email and what I’d like to know is why in the hell don’t you address the real issues causing the financial problems in this country? I believe the answer is easy to discern… because you are enriched by these entities and now, somehow, your redneck ass thinks you are part of some elitist group… banking, military, Jewish supported rich maniacs that would rather sell off your own country to Israeli interests than actually care for your own people or defend the Constitution, of which you swore to protect.

All you want to protect is your money, power and Jewish overlords.

Your email stated:

To begin reducing the nation’s long-term deficits and rebuilding the lack of trust in Washington over excessive spending, U.S. Senator Bob Corker, R-Tenn., today called on Congress to begin making reforms to Medicare, Medicaid and Social Security to deal with the upcoming fiscal deadlines.

There was more bullshit that others could labor themselves to read, but basically, AGAIN, you criminal refuse to say it… that banking bailouts, unnecessary wars of aggression instigated over lies and obvious Empire building in the name of Israel, the bogus war on drugs (just to name a few that you refuse to name) are what is making this country poor.

Do you think that we believe a damned word you say now? Seriously?

Well, we don’t. I cannot find a single real, poor person (for that’s all I know) that believes ANYTHING that comes from you or your cabal’s lips.

Nothing.

http://downwithtyranny.blogspot.com/2012/12/bob-corker-r-tn-vs-american-people.html

Trust in the likes of people such as yourself will never come. Why? Because, as usual, you don’t address the real issues. You are blaming the poorest of the poor and will not do the right thing. Just more protection of your money interests and your favorite country, Israel.

We know that your allegiance is to others, mainly the love of money and power. And until you address the real issues, you are driving a wedge between yourself and your constituency. Apparently, this doesn’t matter to you or you truly are a very stupid man.

In my estimation, you simply don’t give shit about us.

My uncle is very sick. We don’t know if he will make it through his illness. We visited him a couple of days ago and to see him was painful, because he is going downhill quick.

Even in his pain and suffering, he brought up government. He kept telling us that government officials are liars, thieves and cowardly subservient to “the Jews”. He is 87 and a life-long, stalwart Republican.

When you have lost the likes of him, you have truly lost your base.

I hope and pray that this country makes it to another election cycle so I can revel in the fact that you are voted out.

But, what I truly want more than anything is for this country to hold you accountable for your usurpation of the Constitution and your oath. I hope and pray that you and your Jewish-controlled fellow monsters are imprisoned and made to pay for your crimes against us.

It truly is our only hope.

Related articles

• Richard Noggin Saturday: Tennessee Senator “Bailout Bob” Corker (buelahman.wordpress.com)

B’Man’s Rights Watch: Unraveling The Net

Image by Khalil Bendib (http://www.otherwords.org/media/safety_net)

Wall Street’s Greatest Wet Dream: The Grand Bargain Betrayal

I told you long ago that Obama was W II (the third and now fourth term of George W Bush policies). Very little has changed, except that Americans (especially black ones) think that his color makes him some sort of Messiah. I have said many times that he is whiter than I am, meaning that he is acting black, but serving the interests of whitesJews. And only the uninformed can really argue that point, as Luke points out in one of his latest videos:

Luke Rudkowski hits the streets of NYC to find out where Obama supporters really stand on his policies. Now he did this in an underhanded way where the policies where presented to be Romney’s, but this was only done to get an honest opinion. The reactions when the truth was uncovered varied but they were very telling to say the least.

Of course Luke won’t tell you about the Jewish connection, but the point is that every one of those he interviewed show their total ignorance when it comes to Obama’s policies. The Obama Brand has done a great job of lying people into believing a load of bullshit that simply perpetuates the Empire and direction towards American financial serfdom.

After his “win” in this past sElection, he now work to implement the final austerity goals that Steve Lendman (quoting Bill Black) lays out as “forced-fed austerity“:

Force-fed austerity assures the worst of hard times. It’s responsible for what Black calls “the four horsemen of the economic apocalypse:”

• economic decline;
• job cuts and greater unemployment;
• increased deficits and debt; and
• destruction of safety net protections.

Wall Street Wants It ALL, Folks

They want your retirement. They want your healthcare. They want your Social Security. They want your property. They want your savings.

They want to control it all.

And when I say “Wall Street”, I mean what Lendman, nor Black will say out loud… Jews and their parasitic lackeys.

The goal is to take this country down to third world status, where the very rich prosper and the poor barely sustain a miserable existence the best we can. Enough pain felt, for long enough, and us poor ole rednecks will beg them to bring the work back, at slave wage levels, just to feed out kids and care for our sickly old folks, since SSI is going to be privatized (continuing W’s wet dream).

Bill Black explains it very well in his Real News interview:

Bill Black: A group of Democrats called “The Third Way” are working with President Obama towards the “grand betrayal” on social security

The Grand Bargain

“Everything being equal, unless we stop it, what will happen is there will be a ‘grand bargain’ after the election in which the White House and some Democrats will sit down with Republicans, they will move to a chained CPI.”

~ Sen Bernie Sanders

If you read here, you realize that the “fix” is in. No matter if its Romney or Obama, austerity comes. Obama’s normal tendency is to lie with abandon, slick smile and all, and then do exactly what he says he will not do. Truly psychopathic, if there ever was one.

He is now eluding to Paulsterity (The Paul Ryan Plan to cut “entitlements”, while boosting military and killing budgets), as if he will NOT cut those benefits.

And sadly, like the woman in this video (I believe she is acting), the country believes that Obama is looking out for her. He isn’t. Stop fooling yourself.

I have a friend who is dependent upon Social Security to make ends meet. I know MANY older people who might not be alive if it weren’t for SSI benefits and Medicare. I certainly know more than a few children that would go hungry every day, if it weren’t for the measly amount in Food Stamps that they get.

What is about to happen right after the election is going to be devastating for many of us, including old folks and poor kids. But if you think you are immune because you happen to work for one of the corporations that thrive from screwing the others in this country (Big Meds, Big Insurance, Big Military, Big Prison, Big Food, or Big Government… just to name a few), I can assure you that your time is coming.

And, if I may, you Obama Maniacs are seriously deluded to believe a single word that man utters.

Obama’s entire method of governing depends on duplicity, deception, and dissembling. At the same time, he is not entirely secretive about his preference for brutal cuts, and does signal from time to time more or less what he intends to do. But many Americans, stupefied by spectator sports and “reality” television, are too estranged from reality to understand what is happening.

If you had any sense (and a scrotum), you would speak up and do something. Maybe not because you have any semblance of compassion for others, or any feigned attempt at morality or Christ-like values, but because you are slowly realizing that what you are seeing in Europe is but a couple months away from happening here and soon, your privileged kids will see how hard it is (a life lesson hard-learned, no doubt)  to carry on with the lie that is American politics.

I’ve been trying my best to grab you by the shirt collar and figuratively shake some sense into you. I suppose it will take the loss of that cushy job and the pain of seeing your own parents and children suffer before you realize how selfish and stupid you have been.

Worse, tho, are the black folk I know that cling to some Savior image of Obama. Many now admit that they voted for him cause he’s black (like the lady in the video). And when addressed (like Joe Cortina did), they obviously don’t know what a total and complete liar he is, they believe him to be the opposite of what he truly is.

It was time to set the hook and reel in the catch. I responded: ” And I’ll bet you have a respect for the lives of children and might even be a Christian”. She smiled and proudly stated that she was indeed a follower of the Lord and that babies’ lives were sacred to her. I purposely look puzzled and asked her: “Ma-am – it is not my business of course but I am now curious – as to why you voted for Obama – I mean what was the most important reason?”

She looked pensive for a moment then smiled again and said: “I guess to be honest – it was he be a black man”.
NOW I ‘set the hook and dropped the bomb. Ma-am – I’m confused – you said you loved the lord and little babies – did you know that Mr. Obama not ONLY voted against a bill to save children but sponsored a law that any child who survived one of those horrible partial birth abortions – was to be killed anyway” – which was of course 100% true.

Her face changed from a smile to a look of puzzlement and almost fear. I quickly added : OH my God – you didn’t know that? Certainly as an a responsible adult you must have taken time to find out WHO he REALLY was and WHAT he REALLY stands for – didn’t you? -I asked almost pleadingly.

Sign Of The Times

US Prisons (With The Largest Prison Population In The World) And Jails Are Becoming Slavery Centers

My hometown’s little paper recently ran an article, featuring the sheriff, where he explains how wonderful the new multimillion dollar jail is. He rationalizes the fact that they get $25/day per inmate from the state to house overflow “criminals”. But he also insists that it is a boon for the local community, because some of the businesses get to use this slave cheap labor and maximize some profits.

He also mentioned in a brief sentence, that even tho times are rough and people need jobs (which those very same businesses COULD hire), it is better for the community to offer slave labor.

The Drug War Is A War On Blacks, Hispanics And Poor Whites

“Don’t ever think it’s a war on drugs. It’s a war on the blacks. It started as a war on the blacks and it’s now spread to Hispanics and poor whites… it was designed to take that energy coming out of the civil rights movement and destroy it,”

~ Ed Burns, co creator of The Wire

I found long ago that the deck is stacked against black folks. The inner cities have almost nothing to offer kids, so they turn to the one thing that can make them money. This isn’t a “black thing” (white, rich bastards accuse blacks of this because they just can’t stop… “it is their nature”). I say bullshit. It is purposefully done to keep them under control. I know white folks that say its all their fault because they won’t leave, but I have asked in return, what else are they supposed to do? There is no opportunity. Most can’t go to college and at this point, even if they do, what will it get them?

Of course, now, it includes Hispanics and the poor whites. The color no longer really matters. This is why I keep saying that blacks and whites need to stop the bullshit accusations against each other and understand that the divide is a ploy to keep us in this state of poverty and angst. The ones controlling this country know what they are doing and we keep falling for their lies. One of the smartest black men I know was once a friend and I linked to him here for years. But he fell for it, too.

My good buddy, Mo, knows better. He and I are friends and we can talk (even tho he is black as black can be and I am white as white can be). We were able to overcome the lies. As different as we are, we see the ultimate goal as reconciliation and friendship.

The more we, as poor folks, keep at each other, the more the rich thieves dominate, swindle and steal… enriching themselves and keeping us from any decent living and way of life.

How Can A Poor Man Stand Such Times And Live – Ry Cooder

h/t Organizing Notes

Aut Agere Aut Mori

“Either Learn or Die”

I have friends from different levels of social status. I know people that are fairly wealthy (I know no one that is ultra-wealthy, even tho these wealthy ones might “think” they are ultra-wealthy), they have everything they need and most of what they want in life. Most of these folks are oblivious to what is happening to this country around them. Generally, they are very busy with work and when they aren’t working, they are PLAYING very hard, so they don’t take the time to really look around themselves and notice that for most people the whole thing is falling apart.

I have another financial level of friends who once were like me, well off and happy with life (I am one of the above who has lost it all since, learning my hard life’s lesson in the meantime). Most of these folks have just enough to get by, but in many instances have no idea what is causing their hardships and the recent job loss. Many of them are still fairly happy, but are beginning to question their government and what has happened. Generally, they still put faith and trust in the government and seem to think that the leaders are doing their best, but are making a few mistakes. Can’t get too mad if they are trying, right?

I have another strata of friends that are dirt poor. Some have a health problem that disallows any full-time work. Most have never had much of anything. I must say, weird as it is, that most of them seem more happy than the other layers. Everyday is a struggle, so when they do experience some relief, it is wonderful for them. Many have too little food for their family and are forced to rely on family and friends to make it. Most of these folks don’t have internet access and most all they get in the area of news and information is found on the TV. It keeps them in their place and from learning the truth about how they have been ripped off.

These people even find that they are now being targeted even more. Noor at Snippits and Slappits shared an article by Ned Resnikoff that explains how debtor prisons are on the rise (see “Poverty Treated As Crime“).

It doesn’t matter that most of these people cannot get a job, much less a “good” job. The fact is that all the “good” jobs are gone or leaving (except for the few that make up the “wealthy” people I described above… but their realization quickly comes). As a matter of fact, a “Light’s Out Moment Is Coming” and there will be only 23% of American Companies intend to hire or expand in the 6 months (I am sure this will be music to my wife’s ears).

Now the poor are being targeted for missing a fine and other minor issues. Seems about right seeing how not a single banker, regulator or politician has been held accountable for wrecking the economy and sending the jobs away.

By and large, the ones that do seem to be paying attention in the alternative media fall into the upper two levels (many were in the higher level and now have lost enough to drop down).

What I want people to know is that as I have warned folks for the past three years, most everything financially that I warned about has happened or is happening as I write this. We are getting very close to the termination point of the great American experiment and they will usher us into the newer global financial system which will squash the poor even more. You wannabe “rich folk” (who only THINK you are rich) are next in line.

It comes and those that refuse to take the time to learn how to take care of themselves will die. IMO, it is already too late for many of us, for if you haven’t already learned the hunting/gardening skills required… if you haven’t figured out that you are going to need clean water… if you don’t have a weapon to protect yourself and family from the crazy hordes of unprepared souls looking to NOT starve and will do ANYTHING, including kill you and your family for a few cans of beans… well, basically, you are screwed.

May God Have Mercy On Your Soul

Hello Fellow Debt Slaves

The plan was conceived and implemented a long time ago. I have tried with every step to counterpunch by reinvention of myself and vocation, but apparently to no avail. I recently interviewed for a position at a local company (this was my first interview in about 4 months). I spent 2.5 hours interviewing with every swinging Richard Noggin there, including the owner of the company. It all felt right, until each interviewer asked me about how much money I use to make. This was quite telling, since every aspect of what they needed, I fit to a T.

Its been three weeks and I have heard nothing. I left a voice mail message for the direct manager of my position and I was never called back.

Dr Doug did recently get a job, where he is far more qualified and educated than anyone at his job. And he is making 1/2 of what he did a couple of years ago.

That’s a 50% cut.

On top of that, you can expect another 50% cut when the rest of the world (especially the BRIC nations) pull the plug on the petro dollar’s world currency status. It will happen via massive inflation (just as Bernanke said he would, as I covered here).

Watch this.

Another fact is that decent job growth is over. Even tho the pretty picture painted for us (AKA “lies”) by our government tells us that there is job growth, the only “growth” is shitty jobs.

Paul Craig Roberts lays it out by using Shadow Stats numbers and a description of the bogus birth/death model. What few jobs that are “created are suck jobs:

Let’s look now at the kind of jobs that were created. Of the new jobs reported by BLS,
92% are in services. Of this 92%, only 7% could possibly relate to exportable services–architectural, engineering, and computer systems services.

Of the reported new service jobs, 29% are in health care and social services. The categories that account for the health services jobs are ambulatory health care services and hospitals. Waitresses and bartenders account for 20% of the reported new jobs.

Employment services account for 29% of the new reported jobs. Transportation and warehousing accounted for 5% of the reported new jobs, despite a loss of 60,000 jobs in general merchandise and department stores.

In other words, the vast majority of the new jobs are low paying jobs, except for a few truck drivers.

So lets all drive trucks for a living.

More and more low wage folks are allowed to enter this country and they are taking the once more lucrative positions (look at how many doctors are Pakistani, or whatever). Its basically the same across the board, like in engineering. In many cases, as wakjob points out in the comments of the above PCR post, the imported wage degraders and other folks who “took our jobs” has ruined many a company:

Companies ruined or almost ruined by imported Indian labor

Adaptec – Indian CEO Subramanian Sundaresh fired.
AIG (signed outsourcing deal in 2007 in Europe with Accenture Indian frauds, collapsed in 2009)
AirBus (Qantas plane plunged 650 feet injuring passengers when its computer system written by India disengaged the auto-pilot).
Apple – R&D CLOSED in India in 2006.
Australia’s National Australia Bank (Outsourced jobs to India in 2007, nationwide ATM and account failure in late 2010).
Bell Labs (Arun Netravalli took over, closed, turned into a shopping mall)
Boeing Dreamliner ES software (written by HCL, banned by FAA)
Bristol-Myers-Squibb (Trade Secrets and documents stolen in U.S. by Indian national guest worker)
Caymas – Startup run by Indian CEO, French director of dev, Chinese tech lead. Closed after 5 years of sucking VC out of America.
Caterpillar misses earnings a mere 4 months after outsourcing to India, Inc.
Circuit City – Outsourced all IT to Indian-run IBM and went bankrupt shortly thereafter.
ComAir crew system run by 100% Indian IT workers caused the 12/25/05 U.S. airport shutdown when they used a short int instead of a long int
Computer Associates – Former CEO Sanjay Kumar, an Indian national, sentenced to 12 years in federal prison for accounting fraud.
Deloitte – 2010 – this Indian-packed consulting company is being sued under RICO fraud charges by Marin Country, California for a failed solution.
Dell – call center (closed in India)
Delta call centers (closed in India)
Duke University – Massive scientific fraud by Indian national Dr. Anil Potti discovered in 2012.
Fannie Mae – Hired large numbers of Indians, had to be bailed out. Indian logic bomb creator found guilty and sent to prison.
Goldman Sachs – Kunil Shah, VP & Managing Director – GS had to be bailed out by US taxpayers for $550 BILLION.
GM – Was booming in 2006, signed $300 million outsourcing deal with Wipro that same year, went bankrupt 3 years later
HP – Got out of the PC hardware business in 2011 and can’t compete with Apple’s tablets. HP was taken over by Indians and Chinese in 2001. So much for ‘Asian’ talent!
HSBC ATMs (software taken over by Indians, failed in 2006)
IBM bill collecting system for Austin, TX failed in 2012 written by Indians at IBM
Intel Whitefield processor project (cancelled, Indian staff canned)
JetStar Airways computer failure brings down Christchurch airport on 9/17/11. JetStar is owned by Quantas – which is know to have outsourced to India, Inc.
Kodak: Outsourced to India in 2006, filed for bankruptcy in Jan, 2012.
Lehman (Jasjit Bhattal ruined the company. Spectramind software bought by Wipro, ruined, trashed by Indian programmers)
Medicare – Defrauded by Indian national doctor Arun Sharma & wife in the U.S.
Microsoft – Employs over 35,000 H-1Bs. Stock used to be $100. Today it’s lucky to be over $25. Not to mention that Vista thing.
MIT Media Lab Asia (canceled)
MyNines – A startup founded and run by Indian national Apar Kothari went belly up after throwing millions of America’s VC $ down the drain.
Nomura Securities – (In 2011 “struggling to compete on the world stage”). No wonder because Jasjit Bhattal formerly of failed Lehman ran it. See Lehman above.
PeopleSoft (Taken over by Indians in 2000, collapsed).
PepsiCo – Slides from #1 to #3 during Indian CEO Indra Nooyi’ watch.
Polycom – Former senior executive Sunil Bhalla charged with insider trading.
Qantas – See AirBus above
Quark (Alukah Kamar CEO, fired, lost 60% of its customers to Adobe because Indian-written QuarkExpress 6 was a failure)
Rolls Royce (Sent aircraft engine work to India in 2006, engines delayed for Boeing 787, and failed on at least 2 Quantas planes in 2010, cost Rolls $500m).
SAP – Same as Deloitte above in 2010.
Singapore airlines (IT functions taken over in 2009 by TCS, website trashed in August, 2011)
Skype (Madhu Yarlagadda fired)
State of Indiana $867 million FAILED IBM project, IBM being sued
State of Texas failed IBM project.
Sun Micro (Taken over by Indian and Chinese workers in 2001, collapsed, had to be sold off to Oracle).
UK’s NHS outsourced numerous jobs including health records to India in mid-2000 resulting in $26 billion over budget.
Union Bank of California – Cancelled Finacle project run by India’s InfoSys in 2011.
United – call center (closed in India)
Victorian Order of Nurses, Canada (Payroll system screwed up by SAP/IBM in mid-2011)
Virgin Atlantic (software written in India caused cloud IT failure)
World Bank (Indian fraudsters BANNED for 3 years because they stole data).

I could post the whole list here but I don’t want to crash any servers.

The plan, in globalization, is to bring us down to the pay levels of third world countries and then, after most of us American Rednecks are starved to death, we will accept ANYTHING… ANY JOB at ANY Wage. They did it via off-shoring and now the import of this cheap-ass, non-productive labor.

The question is, do we just sit here and take it or do we DO SOMETHING before its too far gone (as if it isn’t already)? Just look at what is being done to Greece as a primer for what is next here.

And to you ignorant rednecks that still haven’t figured this out, like the friend of my wife on Facebook who bitches about her tax money going to the worthless dregs who WON’T work, that new job you got, working for the state, is a drain on MY tax dollar, you scumbag hypocrite fool. Or maybe that stupid ex sister-in-law who bitches about the same thing, but she has never owned up to a responsibility (like raising her child) and the only job she ever had was minimum wage, how many times and how much money should I spend re-educating myself just to make the same amount of money your convenience store ass makes?

In my personal life, I have been explaining this phenomena to my family and they are beginning to understand that this is planned and that we must find some other source to provide for our needs, including gardening and livestock. I recommend that you do the same, as soon as possible, for like the video (and the source, Video rebel’s Blog) says, we don’t have but until after the 2012 elections that the final plug is pulled.

BROKEST CITY IN AMERICA – My Hometown is #1

I’ve watched over the last 4 years, and sometimes wrote and commented about how ‘bad’ things are in my neck of the woods. Some understood what I was talking about as they’ve watched many in their own areas struggle to make ends meet during this most recent depression. However, I dont think many understood completely what I was seeing in my area.

The city I grew up in, Columbus Georgia, which I now live 15 miles to the north of has been hit hard. While the local news along with the mainstream news continues to paint a rosy picture, many know the rose is dead.

Columbus Georgia in it’s heyday was a bustling textile / mill town. It was also called a military town due to the adjacent Fort Benning Georgia. In all respects it is now only a military town. The mills shout down and moved off shore. What local business that remained through the years, many have closed their doors, unable to compete with the big box stores, or off shored the labor as well.

There are a few big name companies in Columbus Georgia. Few of them hire folk that worked in the mills due to lack of formal education, or who recently left the military and stuck around. We have AFLAC which insures more than 60 million people worldwide. We have TSYS the largest processor of merchant acquirers and bank credit card issuers. We have Synovus which is a a financial services company. Synovus laid off 850 employees and closed multiple bank branches in early 2011. We have what is left of the W. C. Bradley Co. the maker of ‘Char-Broil grill’. I say what is left because W. C. Bradley moved Char-Broil grill production from Georgia to China in 2006. The Char-Broil division is still headquartered in Columbus but the jobs are in China. Columbus is also the birth place of Coca Cola and RC Cola. My how times have changed.

To be honest with you, there isn’t much left around here other than civilian employment at the Army base, Ft. Benning. This was one of the main reasons I am so pissed off about the illegal immigration situation in this country, let alone my neck of the woods. No jobs, yet they let the illegals stay and take them. I mentioned this countless times on my old blog. If it weren’t for Ft. Benning, as much as I hate the military industrial complex [MIC], Columbus in my eyes would have been another Detroit. Detroit is number 18 on the list, which I might add, most of us have heard how bad it is/was in Detroit the past year or so. Ghost town

Over on The Daily Beast, they have just released a list of 30, what they call ‘America’s Brokest Cities’. Four of Americas brokest cities reside in Georgia and many more are throughout the southeast.

VIA The Daily Beast

To find the most struggling cities in the country, we used three data points weighted equally: the most recently available unemployment rate (August 2011), median household income, and average debt. Data is from a recent report by Experian and the Bureau of Labor Statistics. The average credit score for each city is included in the gallery, though not taken into account to determine the final ranking. If this data is any indication, the cities struggling the most right now—the ones that may take the longest to recover—are clustered in the South and along the Pacific Coast.

#1, Columbus, Ga.

Unemployment: 9.8%

Median household income: $36,553

Average personal debt: $27,928

Average credit score: 721

#10, Augusta, Ga.

Unemployment: 9.6%

Median household income: $44,477

Average personal debt: $26,204

Average credit score: 709

#14, Macon, Ga.

Unemployment: 10.4%

Median household income: $37,507

Average personal debt: $23,775

Average credit score: 715

#25, Savannah, Ga.

Unemployment: 9.5%

Median household income: $46,755

Average personal debt: $25,561

Average credit score: 716

Of course the 1% in Columbus dont see it that way. Of course they have no idea what the other 99% are going through. Here is what the current Mayor has to say.

Via wtvm.com [local Columbus GA news station]

Columbus Mayor Teresa Tomlinson called the article "patently absurd" and "irresponsible".

"We know for certain that their data is wrong. The median income figure and the employment rate are not correct. Accordingly, we have no reason to believe their so-called ‘personal debt' level is current. Probably the most telling error is that even using their own incorrect data, their math is wrong. So, by the article's own alleged three-pronged criteria, Columbus is not the ‘brokest' on the list, much less America," Mayor Tomlinson explains.

"The numbers presented show there is no rational basis for the approach used. The slightest change, such as using the more accepted debt-to-income ratio instead of the personal debt amount dramatically adjusts the ranking. Including the referenced, but mysteriously excluded, ‘credit score' in the computation also dramatically adjusts the ranking. If there was any legitimate statistical point to be made here, the rankings would not fluctuate so when similar or related data is used", continued Mayor Tomlinson.

Yep, just like the rest of the 1%, 'those numbers are wrong'.

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All posts are opinions meant to foster comment, reporting, teaching & study under the “fair use doctrine” in Sec. 107 of U.S. Code Title 17. No statement of fact is made or should be implied. Ads appearing on this blog are solely the product of the advertiser and do not necessarily reflect the opinions of BuehlahMan’s Revolt or WordPress.com

Double-Dip Recession Is Guaranteed

We all knew this was coming. I was waiting for one of the talking heads to come out and say it. I know others have mentioned the coming double dip recession / depression, but in my eyes only in passing. In passing, because they, just like here have been sounding the alarm for years now. This however is different to me, we have a time frame to work with; "the next quarter or two" Based on this, early or late spring seems to be the due date.

A lot can happen between now and then. The biggest thing as I see it will be the coming WAR with IRAN. War will once again be used to take the sheoples minds off of their on demise. In case you missed it: The United States on Tuesday accused , "Iranian officials of plotting to murder Saudi Arabia’s ambassador to the United States, bomb the Israeli Embassy in Washington and the Saudi and Israeli Embassies in Argentina [link above to New York Times article]." Should anything explode in the near future it will be blamed on Iran, regardless of WHO actually did it, and there ya go.

So just as before, let the distractions begin. There will be many coming our way in the months leading up to the due date of the double dip recession. I expect things to really heat up in the new year 2012 in January, as millions loose their unemployment benefits. If you haven’t prepared as suggested many many times here at ‘BuelahMan’s Revolt’, time is running out. I think I’ll invest in some more silver myself before the end of the year.

via Business Insider

ROUBINI: The Recession Is Guaranteed, The Only Question Now Is How Bad It Will Be

BREAKING: Nouriel Roubini sees bad times ahead for the economy.

The only question is: How bad?

CNBC: Double-Dip Recession a Foregone Conclusion: Roubini

“The world’s advanced economies are headed for a second recession, regardless of whether there is further chaos in Europe, noted economist Nouriel Roubini told CNBC on Tuesday.”

“Roubini — who correctly predicted the 2008 financial crisis, but has got some other bearish calls wrong — said his reading of recent data suggested the U.S., euro zone, and the U.K. are already on the verge of falling into a recession in the next quarter or two.”

“The question is not whether or if there is going to be a double dip, but whether it’s going to be mild or severe with another financial crisis,” Roubini told CNBC on the sidelines of the World Knowledge Forum in Seoul. “The answer on that depends on the euro zone.”

Regardless of what camp you’re in (double dip, weak growth, muddle through, etc.) it seems that the question of whether the eurozone will produce some kind of event shock is a huge one. Even the muddle-through, no recession folks can’t discount the possibility of something disorderly happening, causing a crisis.

And so the world waits quietly on tiny Slovakia to save it.

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All posts are opinions meant to foster comment, reporting, teaching & study under the “fair use doctrine” in Sec. 107 of U.S. Code Title 17. No statement of fact is made or should be implied. Ads appearing on this blog are solely the product of the advertiser and do not necessarily reflect the opinions of BuehlahMan’s Revolt or WordPress.com