From: Richard Eastman <richardeastmanyakima@q.com>
Date: Thu, Aug 19, 2010 at 11:09 AM
Subject: [bangla-vision] Bogus "development" "developing nation" theory of Rockefeller/Rothschild internationalism was genocide all the time : Sell the West on Strength, Buy the East on Weakness
To:
Double-dip? I'm not talking about an ice cream cone. I'm talking about economics. And not the U.S. economy, either, because I unfortunately believe that another recession is signed, sealed, and delivered for us. Ben Bernanke and his Federal Reserve buddies confirmed that last week: "The pace of recovery has slowed in recent months. Housing starts remain at a depressed level." Ya' think? The July jobs report showed the U.S. lost ANOTHER 131,000 jobs, an unemployment rate of 9.5%, and the four-week average of first time jobless claims hit 473,000. Plus, the ISM Manufacturing Index dropped to a seven-month low in July, pending home sales fell another 2.6% in June after a jaw-dropping 29.9% fall in May, and there was a 1.2% drop in factory orders. No wonder the Fed left the Fed Funds Rate unchanged at 0% and repeated its promise to keep interest rates at "exceptionally low levels" for an "extended period" of time. The Fed knows that our economy is going to get even worse and said that it will once again start buying government debt and respond with MORE stimulus efforts if needed. How did investors react to that not-so-reassuring news? The Dow Jones got clobbered for a 265 points loss, a painful 2.5% drop. While the U.S. economy is in sad shape, conditions couldn't be more different across the Pacific Ocean in China. Just last week: A lot of that spending, by the way, is going into U.S. companies' pockets. In July, China imports soared by 22.7% from the previous year. You can bet that American companies with popular brands — like Tiffany, Nike, Apple, and L'Oreal — are doing very well in China. Speaking of banks, Agricultural Bank of China went public last week and it raised a RECORD $22.1 BILLION, the largest IPO in history. The second largest IPO, by the way, was the Industrial and Commercial Bank of China at $21.9 BILLION in 2006. The single most important statistic that I pay attention to is money supply growth. Money supply growth is to an economy like gasoline is to a car — without it, you'll soon slow down to a standstill. M2, a broad measure of money supply, increased in China by 17.6% in July. All those positive numbers have translated into strong economic growth. In the first two quarters of 2010, China's economy grew by 11.9% and 10.3% respectively. President Obama and Bernanke would do CARTWHEELS for even half that amount! You could be doing cartwheels too if you include a large dose of Chinese spice into your investment portfolio. The easiest way is through exchange traded funds, but there are now more than 1,000 ETFs to choose from so make sure you are considering one that focuses on China. Here are a few of the most popular: There are even more specialized Chinese sector funds, such as Claymore/AlphaShares China Small Cap Index ETF (HAO) and Claymore/AlphaShares China Real Estate ETF (TAO). Of course, don't forget about individual stocks. There are more than 100 Chinese stocks listed on U.S. exchanges, like the NYSE and Nasdaq, and I believe you can do even better with a portfolio containing a carefully selected basket of China's best companies. I say that because most China-focused ETFs are loaded with large, inefficient government-owned enterprises instead of the small, rapidly growing entrepreneurial companies founded and operated by China's best businessmen, like New Oriental Education (EDU) and Mindray Medical (MR). Or ... maybe you think I am nuts and feel that China is the worst place in the world to invest. If so, there is an ETF called ProShares UltraShort FTSE/Xinhua China 25 (FXP) that is perfect for you. This is a leveraged inverse ETF. It is designed to move TWO TIMES in the OPPOSITE direction of the FTSE/Xinhua 25 index. For example, if the underlying index drops by 2%, FXP is calibrated to move twice as much in the other direction or up 4% in this example. If the Chinese stock market tumbles, this ETF will make a bundle. I wouldn't advise you to make that bet, though. The Chinese economy may lose a percent or two of its GDP growth rate when the U.S. slides into a recession but, there is no derailing the economic miracle going on in China. In fact, I believe that China has at least another decade of strong economic growth ahead of it. Perhaps two or three decades. Now, that doesn't mean there won't be corrections. Some of those corrections will be painful, but the long-term trend is up, up, up. If you're my age or older, I believe you can expect China to be the most powerful, profitable investment trend you will see in your lifetime. The best strategy that you can follow is take advantage of Dow Jones rallies to reduce your exposure to U.S. stocks and use any China corrections as a buying opportunity. Sell the West on strength, buy the East on weakness. Best wishes, Tony ============= Dan Breeden:
---------- Forwarded message ----------
From: Uncommon Wisdom <eletter@e.uncommonwisdomdaily.com>
Date: 18 Aug 2010 18:02
Subject: Sell the West on Strength, Buy the East on Weakness
To: cityvista@gmail.com
Buy the East on Weakness
by Tony Sagami
http://www.activistpost.com/2010/08/dare-to-prepare-collapse-of.html
Paul Craig Roberts has a pretty good track record:
http://www.activistpost.com/2010/07/year-america-dissolved.html
It's difficult to be objective about this whole mess. One bad sign is that the economists and the politicians have had a couple of years to come up with workable solutions. The best that they have come up with was a temporary transfusion to a veritable corpse. The parasite class can't understand why the masses are refusing to take even bigger loads of debt to keep an unworkable situation going a bit longer.
The political class know deep, down in their black hearts that GOV is the major problem. They shuffle one way and then another. Pity that they won't all shuffle off and die. Unfortunately, parasites don't do that.
http://www.cracked.com/article_17199_7-most-horrifying-parasites-on-planet.html
From: Dan Breeden
To: Richard Eastman
Sent: Wednesday, August 18, 2010 5:34 PM
Subject: Fwd: Companies leaving California
"The list will grow as Sacramento considers more measures that will increase
corporate taxes, increase workers' comp costs, increase regulatory reporting
requirements (along with higher fines for minor infractions), increase gasoline
and diesel-fuel taxes, increase water rates, increase electric-power rates, and
increase assorted fees that will cause services to become more expensive"
COMPANIES LEAVING CALIFORNIA
Abraxis Health, a unit of Los Angeles-based
Abraxis BioScience Inc, opened a new plant that will create 200 jobs in 2010 -- in Phoenix . This follows the company's Phoenix expansions that occurred in 2007 and 2008.Alza Corp. in 2007 eliminated about 600 jobs in drug R&D while also exiting its Mountain View , Calif. , HQ. At the time the company said that its 1,200-person Vacaville facility will continue to operate. But the Vacaville Reporter on Oct. 23, 2009 revealed that the plant is being offered for sale by J&J, its parent company.
It's unclear if more layoffs are in the facility's future.American AVK, a producer of fire hydrants and other water-related products, moved from Fresno to Minden , Nevada .American Racing moved its auto-wheel production to Mexico , ending most of its 47-year operation in California .Apple Computer has expanded in other states, most recently with a $1 billion facility planned for North Carolina .Audix Corporation relocated from Redwood City , Calif. , and to accommodate growth moved to a 78,000-square-foot facility in Wilson , Oregon .Apria Healthcare Group of Lake Forest is shifting jobs from California to Overland Park , Kansas , a K.C. suburb.Assurant Inc. cut 325 jobs in Orange County and consolidated positions in Georgia , Ohio and South Carolina .Automobile Club of Southern California placed 1,100 jobs in Texas .Barefoot Motors, a small "green"
manufacturer, moved from Sonoma and will grow in Ashland , Oregon .Bazz Houston Co. located in Garden Grove , has slowly been building a workforce of about 35 people in Tijuana . In early 2010 the company said it expects to move more jobs to Mexico , citing cost and regulatory difficulties in Southern California .Beckman Coulter, a biomedical test equipment manufacturer headquartered in Brea , relocated part of its Palo Alto facilities to Indianapolis , Indiana , two years ago. In early 2010, it's making a multimillion-dollar investment to expand and create up to 100 new jobs in Indiana . The company said the area offers a "favorable business environment and lower total cost of operations, plus a local work force with strong skills in both engineering and manufacturing."Bild Industries Inc., which specializes in business news, directories and market reports, moved to Post Falls , Idaho , from
Van Nuys, a part of the San Fernando Valley in Los Angeles .Bill Miller Engineering, Ltd., suffering under the "hostile business climate" in California and Los Angeles County , moved from Harbor City to Carson City , Nevada .BMC Select has conducted an unusual relocation. The company, which had shifted its headquarters from Idaho to San Francisco , relocated its H.Q. back to Boise in January 2010. The building materials distributor said that regaining its footing in Boise retained access to high-quality employees while reducing wage and occupancy costs.BPI Labs, which formulates, manufactures, and fills personal care products for the health and beauty industry, relocated from Sacramento to Evanston , Wyoming , a move the company's owner called "very successful . . . . It felt good and I've never looked back."Buck Knives after 62 years in San Diego moved to Post
Falls , Idaho .CalPortland Cement has announced in late 2009 closure of its Riverside County plant because of new environmental regulations from a state law (AB 32). The company's CEO wrote, "A cement plant cannot be picked up and moved, but the next new plant probably won't be built in California meaning more good, high paying manufacturing jobs will be lost to Nevada or China or somewhere."California Casualty Group left San Mateo for Colorado , cutting operating costs to remain competitive.CalStar Products Inc., headquartered in Newark , Calif. , in the San Francisco Bay Area, in January 2010 was awarded $2.44 million in federal clean energy tax credits. The company said in the future it expects to build additional plants in the Mississippi Valley and the East Coast. In late 2009 CalStar opened a plant in Caledonia , Wisconsin .Checks To-Go moved to Utah where workers' comp rates
helped make the troubled company healthier.Chivaroli & Associates, a healthcare-related insurance service based in Westlake Village , Calif. , moved a regional office to Spokane , Washington .CoreSite, A Carlyle Company, is delaying a Santa Clara project while it expands its data center in Reston , Virginia .Creators Syndicate may flee L.A. because it operates like a "banana republic."Creel Printing Left Costa Mesa for Las Vegas and So Cal loses 60 more jobs.Dassault Falcon looked at building an aircraft services facility in Riverside County but instead located in Reno .DaVita Inc. moved its HQ from Los Angeles to Denver ; expects to see millions of dollars in savings over time.Denny's Corp. – the large restaurant chain – once had its headquarters in La Mirada , later in Irvine , Calif , and then moved to Spartanburg , South Carolina . In fairness, I note
the move occurred in the early 1990's. However it's noteworthy because the company was founded in California and its growth over time created HQ jobs in another state.Digital Domain, the Academy-Award-winning visual effects studio based in Venice , Calif , placed new studios in Vancouver , British Columbia , and Port St. Lucie , Florida , which combined will have about 500 employees. The facilities will allow the company to reduce costs while continuing to deliver cutting-edge work.Ditech, headquartered in Costa Mesa , announced in January 2010 a 269-job cut and is moving most activities to the GMAC Financial Services (parent company) headquarters in Fort Washington , Pennsylvania . In 2007, Ditech relocated some workers from Costa Mesa to Phoenix . A once robust Costa Mesa facility employing hundreds will be down to 20 or 30 workers.DuPont Fabros Technology suspended a $270 million
Santa Clara data center project in favor of one in Ashburn , Virginia .eBay, based in San Jose , will create 450 jobs in Draper, Utah , in a new $334 million operations, customer support and data center.EDMO Distributors, Inc., a world-wide wholesaler of aircraft avionics, test equipment, and pilot supplies, moved its HQ from Valencia , Calif. , to Spokane Valley , Wash. Since, it has built a larger headquarters in the city's Mirabeau Point community complex.Edwards Lifesciences based in Irvine will expand with 1,000 employees not in California but in Draper, Utah .EMRISE Corp. completed its HQ move from Rancho Cucamonga to Eatontown , NJ , in May 2009. The company said the move "will result in additional annualized cost savings of approximately $1 million and facilitate improvements in operating efficiency. . . . The cost savings associated with relocating our corporate
headquarters will start immediately. . . The aggregate total of these expense reductions will increase our profitability and cash flow in this and succeeding years and, over time, substantially improve our ability to further reduce our long term debt."Facebook, based in Palo Alto , will expand in a major way in Oregon by locating a custom data center in Prineville. It will be a 147,000-square-foot facility costing $180 million and will employ 200 workers during construction and another 35 full-time once operating in 2011.FallLine Corporation Left Huntington Beach, where they were being "hammered" with multiple governmental regulatory fees, for Reno , Nevada .Fidelity National Financial left Santa Barbara for Florida , spurred by California 's "oppressive" business environment.First American Corp., based in Santa Ana , will open a call center in March 2010 not in
California but in Phoenix , where it expects to employ about 400 people within two years.Fluor Corp. moved its global headquarters from Aliso Viejo to Irving , Texas , with about 100 employees asked to relocate while the company planned to hire the same number there. In 2006, when Fluor moved into its new headquarters building, a company statement said: "The official dedication had a decidedly Texas theme" as a horseshoe was raised on the building, a time-honored Texas tradition.Foxconn Electronics, a large contract electronics maker, moved some of its Fullerton operations to Dallas .Fuel System Solutions moved its headquarters from Santa Ana to New York .Gregg Industries, owned by Neenah Enterprises Inc. in Wisconsin , closed a 300-employee foundry in El Monte foundry under pressure from the South Coast Air Quality Management District to make $5 million in upgrades. The company
didn't want to make the investment in the difficult economic climate so it decided instead to leave the state.Helix Wind Inc. may move its research and development, engineering, and testing departments from San Diego to "more supportive" Oregon .Hewlett-Packard, HQ'd in Palo Alto , at various times has moved jobs to Tennessee and Texas .Hilton Hotels Corp. in 2009 is moving from its longtime corporate H.Q. in Beverly Hills to a new office in Tysons Corner , Virginia .Hino Motor Manufacturing USA moved from California to Williamstown , West Virginia , in 2007, where it now employs about 100 workers. The company has growth plans to "Raise Hino's presence from medium-/heavy /heavy-duty trucks to all ranges of trucks" and an aggressive program to improve fuel economy and emissions. The company builds trucks under its own brand and also manufactures Toyota-branded
vehicles.Intel Corporation, HQ'd in Santa Clara, has chosen to expand operations in neighboring statesIntuit of Mountain View created a customer support office (110 people) not in California but in Colorado because of lower operating costs.Intuit placed a data center near Quincy , Washington .Intuit also located Innovative Merchant Solutions LLC in Las Vegas as part of a $1.8 million investment in Nevada .J.C. Penney closed it Sacramento call center and moved the work to five out-of-state centers.Kimmie Candy Co., a manufacturer that was started in 1999, moved from Sacramento to Nevada in 2005. "I really don't have a lot of regrets about moving up to Reno ," said owner Joe Dutra.Klaussner Home Furnishings in closing its La Mirada manufacturing plant will maintain its NC and Iowa operations.Knight Protective Industries moved to
Oregon "where 4-day work weeks were permitted by the state" and wanted by the employees.Kulicke & Soffa Industries Inc. announced in February 2010 that it is closing its Irvine plant, laying off 56 people, and will shift the work to Malaysia and Singapore . The facility had been owned by Orthodyne Electronics Corp., which Kulicke & Soffa bought in 2008.LCF Enterprises, which makes specialized high-end amplifiers used by researchers, medical professionals and others, moved from Camarillo, Calif., to Post Falls, Idaho.Lennox Hearth Products Inc. in Orange , Calif. , will lay off 71 workers and by March 2010 will transfer the jobs to Nashville and Union City , Tennessee , "to reduce costs and increase operating efficiencies."Lyn-Tron, Inc., a supplier of electronic hardware, moved from Los Angeles to Spokane , Wash. Their website has a rather California(ish)
statement: "Our commitment is to maintain a manufacturing environment that is progressive and safe, where our employees are able to achieve their personal objectives, thereby adding to their quality of life and to the community in which they live."Mariah Power, a "green" manufacturer of small wind turbines, moved from California to Nevada and in 2009 teamed up with another company to begin production in Manistee , Michigan .Maxwell America, a boating equipment maker, in February 2010 closed its Santa Ana offices and moved them to Hanover , Md. One reason given was the indirect impact of California environmental regulations. A company official said over the years many California boat builders relocated to the Midwest and East where they don't face the same restrictions.MiaSolé, based in the Silicon Valley, was reported in January 2010 to be planning a 500,000-square-foot plant,
which could be one of the largest solar factories in the United States . The location is not near its in Santa Clara headquarters but in the Atlanta , Georgia , area where its workforce eventually could exceed 1,000. The news came one week after MiaSolé received $101.8 million in federal tax credits.MotorVac Technologies announced in February 2010 that it's leaving Santa Ana for Ontario , Canada . MotorVac's CEO said he "really fought hard to keep MotorVac here, but unfortunately the numbers didn't support it." The move cuts costs because it's new owner, UView, has its own plant with excess capacity in Canada . "And the general cost of doing business in California is much more expensive."Nissan North America moved its Los Angeles headquarters to Nashville , Tenn.Northrop Grumman by 2011 will relocate its Los Angeles H.Q. to the Washington , DC metro area. It's the last major aerospace
company to leave Southern California , the birthplace of the aerospace industry.One2Believe, a specialty religious-toy maker, left California for East Aurora , New York .Patmont Motor Werks, Inc. (GoPed manufacturer), after being hit by California regulators for hundreds of thousands of dollars in small fines even though his company has a stellar safety record, moved to Nevada.Paragon Relocation Resources moved from Rancho Santa Margarita to Irving , Texas .Pixel Magic, headquartered in Toluca Lake , Calif. , ( Los Angeles metro area), is locating a studio in Lafayette , Louisiana , where it will create 40 new jobs between 2010 and 2013. The company, which provides digital effects for motion pictures and television, said the Louisiana people they were in contact with have an immediate understanding of technology and data handling.Plastic Model Engineering, Inc., a custom
plastic injection molder and mold manufacturer, moved from Sylmar , Calif. to the "Inland Northwest," notably Post Falls , Idaho .Precor will stop manufacturing fitness machines in California and re-open in North Carolina .Premier Inc., the largest healthcare alliance in the nation, will move its HQ from San Diego to Charlotte , involving an investment of $17.7 million and adding 300 jobs in North Carolina . The announcement was made Oct. 14, 2009.Pro Cal of South Gate, in Los Angeles County , a unit of Myers Industries, expanded its Sparks , Nev. , operations to become the company's primary West Coast production and distribution facility. Pro Cal is a plastics manufacturer of nursery containers and a big recycler.Race Track Chaplaincy of America started 2010 by shifting its headquarters from Los Angeles to Lexington , Kentucky . The non-profit group said it had wanted
to relocate from the Hollywood Park Race Track for several reasons, one of which is the significant cost of doing business on the West Coast.Red Truck Fire & Safety Company left Fresno for Minden , Nevada in 2007 because of California 's myriad fees and regulations that meant "death by thousand cuts."SAIC will move its headquarters east, from San Diego to McLean, Virgina, which the Washington Post called "Another Coup for Area." The announcement was made Sept. 24, 2009; it is unclear how many employees will move east in 2009 and 2010.Scale Computing, a data-storage developer and manufacturer, is leaving Silicon Valley for Indiana .Schott Solar Inc. will close its sales and customer service office in Roseville and will relocate the office to Albuquerque , NM .SimpleTech transferred its manufacturing work from Santa Ana to Asia more than a year
ago.Smiley Industries, an aerospace manufacturer, moved to Phoenix , where productivity improved.Solaicx, based in the Silicon Valley, said in early 2010 that it will expand its manufacturing plant in Portland , Oregon . Solaicx received $18.2 million in federal tax credits as part of Washington 's efforts to advance green energy.SolarWorld, a maker of solar technology founded in Camarillo , consolidated manufacturing in Oregon after that state offered property tax abatement and business energy tax credits. The company will employ about 1,000 in Oregon by 2011Special Devices Inc. brought 250 jobs to Mesa , Arizona , from Moorpark , Calif.StarKist headquarters is leaving San Francisco for Pittsburgh , Pa.Stasis Engineering moved from Sonoma County to West Virginia , a "friendlier business climate."Stata Corp., which specializes in data analysis and statistical
software, moved from Santa Monica , California to College Station , Texas .Tapmatic, a metalworking firm whose owners were "fed up with the onerous business environment," moved from Orange County , California to Post Falls in northern Idaho .Teledesic moved to Washington state in anticipation of better capital gains.Telmar Network Technology Inc. moved from Irvine to Plano , Texas , consolidating some 150 workers there.Terremark postponed a Santa Clara project earlier this year to invest $50 million in a Culpeper, Va. project.Terumo Cardiovascular Systems is moving R&D from OC to Ann Arbor , Michigan , involving 65 jobs and $3.5 million in investments.Toyota will stop making cars in Fremont , will idle 4,700 workers, and move work to Canada and San Antonio , Texas .True Games Interactive Inc. will its H.Q. from Irvine to Austin , Texas , where it
expects to have about 60 workers by the middle of 2010.TTM Technologies will leave L.A. & Hayward and move to other states and China to achieve big cost savings.Twentieth Century Props of L.A. has gone out of business as film-making has moved to lower-cost statesUnderstand.com moved from the San Francisco Bay Area to Reno, a loss for California in that the company is a leader in web-based patient education content and shows strong growth. The company was named 2007 Innovator of the Year by a Northern publication and the company's founder and received a media and Reno-Tahoe Young Professionals Network "20 Under 40" award and was selected as a 20/20 Business Visionary by Nevada Business Magazine.US Airways is realigning operations and California is no longer considered part of its "core." The airline is closing its John Wayne Airport maintenance station and in early
2010 will redistribute the mechanics across its system.US Press shifted work from Los Angeles and San Diego to Portland , "where union rules were almost rational."USAA Insurance closed its 625-person Sacramento campus in favor of other states.Yahoo opened a data center in Quincy , Washington , a community that now hopes to land high-tech manufacturing.The list will grow as Sacramento considers more measures that will increase corporate taxes, increase workers' comp costs, increase regulatory reporting requirements (along with higher fines for minor infractions), increase gasoline and diesel-fuel taxes, increase water rates, increase electric-power rates, and increase assorted fees that will cause services to become more expensive
--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/
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