Tag: china

Hermosa Beach Police Chief and Councilman Fishman Defend $100,000 Meter Maids on Grounds "When You Outsource, You Take Away Union Jobs"
August 12, 2012 0

Hermosa Beach Police Chief and Councilman Fishman Defend $100,000 Meter Maids on Grounds "When You Outsource, You Take Away Union Jobs"

By News Desk

Please consider Hermosa Beach Meter Maids Make Nearly $100K When contemplating the many reasons cities in California and elsewhere are venturing closer to bankruptcy, look no further than the relatively lucrative and often-unjustifiable salaries bestowed on municipal employees – and the lofty pension benefits attached to the high pay. One of the latest examples comes from the California coastal city of Hermosa Beach, where some community service staffers who collect money from parking meters and manage their operations – positions once widely known as “meter maidsâ€â€“ are making nearly $100,000 a year in total compensation, according to city documents. There are 10 parking enforcement employees for the 1.3-square-mile beach city southwest of downtown Los Angeles, and they pull down some disproportionate compensation, considering their job functions.

Ponzi Bank Financing of "Wealth Management Products" in China Backed by Dubious Real Estate Projects; "Golden Elephants", Poway, …
August 12, 2012 0

Ponzi Bank Financing of "Wealth Management Products" in China Backed by Dubious Real Estate Projects; "Golden Elephants", Poway, …

By News Desk

Financial Times Alphaville picked up on the story in Chinese Banks’ Weapons of Mass Ponzi We wrote last week that China’s shadow banking system was reflecting and, to an extent, contributing to a growing liquidity risk which in turn is being exacerbated by net capital outflows. Since then, there have been some interesting revelations on the domestic liquidity management, especially in shadow banking, and especially especially in wealth management products

The Syrian Government is Not Isolated
August 11, 2012 0

The Syrian Government is Not Isolated

By News Desk

The Syrian Government is Not Isolated Largest nations on Earth converge to support embattled Syrian government. by Tony Cartalucci August 11, 2012 – Iran has recently hosted 30 nations including Russia, China, India, Pakistan, Indonesia, Sri Lanka, Ecuador, Afghanistan, Algeria, Iraq, Oman, Turkmenistan, Venezuela, Cuba, Jordan, Tunisia, Palestine, and many others in Tehran this week in efforts to support the Syrian government against foreign destabilization. Upon the agenda were calls to end foreign arms currently flowing into terrorist hands inside Syria, proposals to broker a meaningful ceasefire, the coordination of humanitarian aid, and supporting the Syrian people’s right to reform without foreign interference

Genesis of US-Saudi "Al Qaeda Frankenstein" in Syria
August 11, 2012 0

Genesis of US-Saudi "Al Qaeda Frankenstein" in Syria

By News Desk

Saturday, August 11, 2012 Genesis of US-Saudi "Al Qaeda Frankenstein" in Syria Al Qaeda militants funded, armed and arrayed against Syria by the West since at least 2007 receive PR boost from Western media as public awareness grows of their presence.  by Tony Cartalucci August 11, 2012 – "To undermine Iran, which is predominantly Shiite, the Bush Administration has decided, in effect, to reconfigure its priorities in the Middle East. In Lebanon, the Administration has coöperated with Saudi Arabia’s government, which is Sunni, in clandestine operations that are intended to weaken Hezbollah, the Shiite organization that is backed by Iran.

Interview With Roger Bootle, Who Won the Wolfson Prize for Developing a Practical Plan to Dissolve the Eurozone
August 8, 2012 0

Interview With Roger Bootle, Who Won the Wolfson Prize for Developing a Practical Plan to Dissolve the Eurozone

By News Desk

Interview With Roger Bootle, Who Won the Wolfson Prize for Developing a Practical Plan to Dissolve the Eurozone Posted by Michael Shedlock at 2:34 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)