A TAX CHEATING THUG TELLS PRESIDENT OBAMA TO TAKE A HIKE
Sometimes I think the world is a crazy place. The Mayor of Las Vegas, Oscar Goodman (who over decades made his fortune representing organized crime that controlled the gambling on the strip) has publicly announced he will refuse to meet President Obama when he visits Vegas this week. Last year President Obama told Americans not [...]
100% SCREENING OF CARGO LESS THAN SIX MONTHS AWAY
Many shippers and forwarders are still in large numbers sitting on their hands believing TSA will be hard pressed to keep top their deadline of August 1st, of all airfreight having to be screened. They feel because they have the security of numbers, the Department of Home Security will have to back off and postpone [...]
JAPAN NOW HOLDS MORE U.S. DEBT THAN CHINA
The Chinese are selling their holdings and last week Japan took over first place with $767.8 billion of Treasury bonds supplanting China’s holdings of $755.4. Having only attained a high school diploma, I have huge difficulty how all this debt nonsense works. Over the past year the Federal Reserve has been buying Treasury bonds, so [...]
CHINA JAILS ONE OF ITS BILLIONAIRES PENDING PROSECUTION
More music to my ears; founder of Gome Electronics, Huang Guangyu languishes in jail somewhere in China awaiting trial for bribery, corruption and share manipulation. From humble beginnings he built Gome into the largest retail electronics chain in China. In 2006, he was forced to sell off 25% of his holdings in the Hong Kong [...]
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