Archive for the ‘- Business… None of yours’ Category
Posted by Warm Southern Breeze on Tuesday, May 21, 2013
“How hard is it to criticize an organization that seriously thinks that it’s okay to call “Internet Use Disorder” a mental illness? They’re going to take shot after shot. And the response will be ineffectual and weak. They’ll bob and weave, talk about the “living document,” and unleash their line of bullshit.”
For more than two years, author and psychotherapist Gary Greenberg has embedded himself in the war that broke out over the fifth edition of the Diagnostic and Statistical Manual of Mental Disorders—the DSM—the American Psychiatric Association’s compendium of mental illnesses and what Greenberg calls “the book of woe.”
Since its debut in 1952, the book has been frequently revised, and with each revision, the “official” view on which psychological problems constitute mental illness. Homosexuality, for instance, was a mental illness until 1973, and Asperger’s gained recognition in 1994 only to see its status challenged nearly twenty years later. Each revision has created controversy, but the DSM-5, the newest iteration, has shaken psychiatry to its foundations. The APA has taken fire from patients, mental health practitioners, and former members for extending the reach of psychiatry into daily life by encouraging doctors to diagnose more illnesses and prescribe more therapies—often medications whose efficacy is unknown and whose side effects are severe. Critics—including Greenberg—argue that the APA should not have the naming rights to psychological pain or to the hundreds of millions of dollars the organization earns, especially when even the DSM’s staunchest defenders acknowledge that the disorders listed in the book are not real illnesses.
Greenberg’s account of the history behind the DSM, which has grown from pamphlet-sized to encyclopedic since it was first published, and his behind-the-scenes reporting of the deeply flawed process by which the DSM-5 has been revised, is both riveting and disturbing. Anyone who has received a diagnosis of mental disorder, filed a claim with an insurer, or just wondered whether daily troubles qualify as true illness should know how the DSM turns suffering into a commodity, and the APA into its own biggest beneficiary. Invaluable and informative, The Book of Woe is bound to spark intense debate among expert and casual readers alike.
The Real Problems With Psychiatry
A psychotherapist contends that the DSM, psychiatry’s “bible” that defines all mental illness, is not scientific but a product of unscrupulous politics and bureaucracy.
On May 22, the American Psychiatric Association will release the fifth Diagnostic and Statistical Manual of Mental Disorders, the DSM-5. It classifies psychiatric diagnoses and the criteria required to meet them. Gary Greenberg, one of the book’s biggest critics, claims these disorders aren’t real — they’re invented. Author of Manufacturing Depression: The Secret History of a Modern Disease and contributor to The New Yorker, Mother Jones, The New York Times and other publications, Greenberg is a practicing psychotherapist. The Book of Woe: The Making of the DSM-5 and the Unmaking of Psychiatry is his exposé of the business behind the creation of the new manual.
Can you talk about how the first DSM, published in 1952, was conceived?
One of the reasons was to count people. The first collections of diagnoses were called the “statistical manual,” not the “diagnostic and statistical manual.” There were also parochial reasons. As the rest of medicine became oriented toward diagnosing illnesses by seeking their causes in biochemistry, in the late 19th, early 20th century, the claim to authority of any medical specialty hinged on its ability to diagnose suffering. To say “okay, your sore throat and fever are strep throat.” But psychiatry was unable to do that and was in danger of being discredited. As early as 1886, prominent psychiatrists worried that they would be left behind, or written out of the medical kingdom. For reasons not entirely clear, the government turned to the American Medico-Psychological Association, (later the American Psychiatric Association, or APA), to tell them how many mentally ill people were out there. The APA used it as an opportunity to establish its credibility.
How has the DSM evolved to become seen as the “authoritative medical guide to all of mental suffering”?
The credibility of psychiatry is tied to Read the rest of this entry »
Posted in - Business... None of yours, - Do you feel like we do, Dr. Who?, - Read 'em and weep: The Daily News | 1 Comment »
Posted by Warm Southern Breeze on Monday, May 20, 2013
This OpEd is probably some of the best, and most genuinely warranted criticism of President Obama which I’ve yet read.
As late former president Theodore Roosevelt wrote:
“The President is merely the most important among a large number of public servants. He should be supported or opposed exactly to the degree which is warranted by his good conduct or bad conduct, his efficiency or inefficiency in rendering loyal, able, and disinterested service to the nation as a whole. Therefore it is absolutely necessary that there should be full liberty to tell the truth about his acts, and this means that it is exactly necessary to blame him when he does wrong as to praise him when he does right. Any other attitude in an American citizen is both base and servile. To announce that there must be no criticism of the president, or that we are to stand by the president, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.* Nothing but the truth should be spoken about him or any one else. But it is even more important to tell the truth, pleasant or unpleasant, about him than about any one else.”
-Theodore Roosevelt’s OpEd Column entitled “Sedition, A Free Press and Personal Rule” published May 7, 1918 in the Kansas City Star
*Roosevelt’s sharp criticism of President Wilson‘s leadership during World War I led the Post Office to warn that the Star that such views might cost the paper its second-class mailing privileges.
Obama A Big Hypocrite? Ask Legal Schnauzer, Roger Shuler
By Joan Brunwasser (about the author) Permalink
Life Arts 5/18/2013 at 22:24:54
My guest today is Legal Schnauzer, Roger Shuler. Welcome back to OpEdNews, Roger.
JB: Your recent piece The President Paints Himself Into An Ethical Corner By Voicing Outrage Over Evolving Scandal At The IRS is pretty scathing. What’s got you so upset?
RS: In early January 2009, just a few days before he took office, President-Elect Obama said he intended to “look forward, as opposed to looking backwards” on apparent crimes under the Bush administration. As president, Obama seems to have followed through on that pledge because his Justice Department has failed to review political prosecutions such as the one involving former Governor Don Siegelman in Alabama, where I live.
Political prosecutions, of course, were just of one of many improper acts on the justice front during the Bush years–torture, warrantless wiretapping, firings of U.S. attorneys were among the others. In essence, Obama issued a decree that no one would be held accountable for those acts.
Obama’s “look forward” statement made no sense at the time, and it makes even less sense now, coming after he expressed outrage the other day over disclosures about the IRS targeting conservative groups for political reasons. Obama said in a news conference that he would not “tolerate” such actions, that wrongdoers must be held “accountable,” and the problem must be “fixed.”
But his inaction toward the DOJ shows that he will tolerate the targeting of political opponents, that he will not hold individuals accountable for such actions, and he will not take steps to fix the problem. Obama was uttering empty words at his press conference about the IRS. Many of us expect that from a Republican chief executive; we should demand better from a Democrat.
JB: For readers unfamiliar with the Siegelman case, Roger, can you give us a brief overview of what happened and why anyone outside of Alabama should care? It didn’t happen under Obama’s watch so how can he be blamed?
RS: Don Siegelman was a Democratic governor in a deep-red state, a state where Karl Rove has a strong power base. Siegelman accepted a campaign donation from a businessman named Richard Scrushy, and then appointed Scrushy to a health-care regulatory board–a board on which Scrushy had served under three previous governors.
The standard for a bribery conviction in the campaign-donation context is that the prosecution must prove an “explicit agreement” in a something-for-something deal (known in legalese as a “quid pro quo.”) No evidence at trial pointed to such an unlawful deal, and the federal judge presiding over the case (a George W. Bush appointee named Mark Fuller) gave incorrect jury instructions that did not include the “explicit agreement” requirement. He allowed the jury to Read the rest of this entry »
Posted in - Business... None of yours, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: A Free Press, Alabama, apeal, appeal, Atlanta, Barack Obama, Democrat, Don Siegelman, Elena Kagan, Free Press, George W. Bush, GOP, injury, IRS, justice, Kansas City Star, Karl Rove, law, legal, miscarriage, Obama, OpEdNews, politics, Post Office, prosecution, Republican, Richard M. Scrushy, Richard Scrushy, Roosevelt, scandal, SCOTUS, Siegelman, Theodore Roosevelt, United States, Woodrow Wilson, World War | Leave a Comment »
Posted by Warm Southern Breeze on Saturday, May 11, 2013
Thanks to a newly introduced aspect of ObamaCare, hospitals are now mandated to publicly show how much they charge for procedures.
Aren’t you glad?
I mean really… who goes to a grocery store or gas station and doesn’t know how much they’ll pay?
Part of market-based competition includes Read the rest of this entry »
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Posted by Warm Southern Breeze on Friday, May 3, 2013
Among defense contractors, QinetiQ North America (QQ/) is known for spy-world connections and an eye- popping product line. Its contributions to national security include secret satellites, drones, and software used by U.S. special forces in Afghanistan and the Middle East.
Former CIA Director George Tenet was a director of the company from 2006 to 2008 and former Pentagon spy chief Stephen Cambone headed a major division. Its U.K. parent was created as a spinoff of a government weapons laboratory that inspired Q’s lab in Ian Fleming’s James Bond thrillers, a connection QinetiQ (pronounced kin-EH-tic) still touts.
QinetiQ’s espionage expertise didn’t keep Chinese cyber- spies from outwitting the company. In a three-year operation, hackers linked to China’s military infiltrated QinetiQ’s computers and compromised most if not all of the company’s research. At one point, they logged into the company’s network by taking advantage of a security flaw identified months earlier and never fixed.
“We found traces of the intruders in Read the rest of this entry »
Posted in - Business... None of yours, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: Alabama, AMCOM, Army, Aviation and Missile Command, Barack Obama, Center for Strategic and International Studies, China, CIA, computers, cyber war, Defense contractor, Erik Schatzker, espionage, FBI, George Tenet, George W. Bush, hack, hackers, hacking, HSV, Huntsville, Lockheed Martin, military, NASA, National Security Agency, NSA, Qinetiq, Redstone Arsenal, RSA, secrets, spy, Stephen Cambone, United States, Verizon Communications, war | Leave a Comment »
Posted by Warm Southern Breeze on Monday, April 29, 2013
British winemakers credit climate change for boom in bubbly sales
By Anthony Faiola, Published: April 28, 2013
CUCKMERE VALLEY, England — Blessed with soil similar to France’s Champagne region, vineyards in England nevertheless produced decades of low-grade goop that caused nary a Frenchman to tremble. But a Great British fizz boom is underway, with winemakers crediting climate change for the warmer weather that has seemed to improve their bubbly.
Sparkling wine undergoes an early fermentation process at the Ridgeview Wine Estate in East Sussex, England. Warmer summers are producing wines competitive with some from France.
- GRAHAM BARCLAY/BLOOMBERG NEWS
Increasingly hospitable temperatures have helped transplanted champagne grapes such as chardonnay and pinot noir thrive in the microclimates of southern England, touching off a wine rush by investors banking on climate change. Once considered an oxymoron, fine English sparkling wine is now retailing for champagne prices of $45 to $70 a pop. In recent years, dozens of vineyards have Read the rest of this entry »
Posted in - Business... None of yours, - Even MORE Uncategorized! | Tagged: agriculture, Australia, beverage, Boston, Britain, bubbly, business, Champagne, climate, Climate change, England, English Channel, enterprise, entrepreneurship, export, farm, farming, France, grapes, Hong Kong, import, international, Pinot Noir, Russia, Sparkling wine, trade, United States, vineyard, vino, vintage, viticulture, wine, Wine Spectator | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, April 17, 2013
While this story is about the nation known as Georgia, given the numerous convoluted and antiquated laws governing beverage alcohol in the Southern United States, it could very well be Georgia… Tennessee, Alabama, Mississippi, Florida, Louisiana, or Arkansas.
Something Old, Something New: Georgian Wines Adapt To Changing Market
April 17, 2013
by Glenn Kates
KISISKHEVI, Georgia — Seven years ago, Burkhard Schuchmann, a retired German railroad executive, arrived for the first time in this lush region, where the snow-capped Caucasian mountains cast a long shadow over the grapevines that line the low-lying fields.It was 2006 and Russia had recently imposed a crippling embargo on Georgian wine.Schuchmann decided to open a winery nevertheless.
“To see it from today’s point of view, Georgians can be lucky that the embargo came,” Schuchmann says. “Because then they were forced to [focus on] quality and to think about marketing. There was no need before.”
After mostly “satisfactory” inspections by Russia’s consumer-rights agency in February and March, Georgian wines will soon be sold in Russia again. But Russians, perhaps expecting the sweet, syrupy taste of years past, may be surprised by the changing nature of Georgian vintage.
Burkhard Schuchmann opened a winery in Georgia because he thought he could compete outside of Russia by modernizing the industry.
In 2005, Georgia exported 80 percent of its wine to Read the rest of this entry »
Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: agriculture, Alcohol, Arkansas, beverage, Bidzina Ivanishvili, booze, bottle, business, drink, enterprise, entrepreneur, Europe, export, farming, food, Georgia, Georgian wine, government, history, import, industry, investment, liquor, marketing, money, Moscow, regulation, rural, rural life, Russia, Schuchmann, Southern United States, Soviet Union, Tbilisi, tradition, wine | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, April 17, 2013
In their Utopian Ivory-Towered existence, the “Libertarian” response is to legalize it all, ensure purity standards, and tax it.
But then again, Libertarians oppose taxes.
They also oppose governmental regulation ensuring purity standards, along with uniform weights & measures, too.
How messed up could one political ideology be?
April 15, 2013
Production of Opium by Afghans Is Up Again
KABUL, Afghanistan — For the third year in a row, opium cultivation has increased across Afghanistan, erasing earlier drops stemming from a decade-long international and Afghan government effort to combat the drug trade, according to a United Nations report released on Monday.
The report’s findings raised concerns among international law enforcement officials that if the trend continued, opium would be the country’s major economic activity after foreign military forces depart in 2014, leading to the specter of what one official referred to as “the world’s first true narco-state.”
Afghanistan is already the world’s largest producer of opium, and last year Read the rest of this entry »
Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: Afghanistan, crime, drug abuse, drugs, Helmand, Helmand Province, herion, import, international, Kandahar, Mirwais Yasini, narcotics, narcotrafficking, opium, Politics of Afghanistan, poppy, poverty, smuggle, Taliban, trade, United Nation, United Nations, United Nations Office on Drugs and Crime | Leave a Comment »
Posted by Warm Southern Breeze on Monday, April 1, 2013
Does this genuinely surprise anyone… that Budweiser – which is NOT an American-owned company – would sell not only lousy beer, but lousy, watered-down beer?
I think not.
By Sophia Pearson – Apr 1, 2013 5:35 PM ET
A former Anheuser-Busch InBev NV (ABI) (ABI) employee who claimed the company sells watered-down beer told a judge the brewer is out to punish his whistle-blowing with a lawsuit alleging he divulged trade secrets.
Budweiser beer. Chris Ratcliffe/Bloomberg
AB InBev sued James Clark, a former director of operations support, one week after the company was accused of overstating the alcohol content in several of its beers. The case, which accuses Clark of misappropriating trade secrets, should be dismissed because California law bars using so-called strategic lawsuits against public participation as a means of intimidation, Clark said in papers filed March 29 in federal court in Sacramento.
The lawsuit “is designed to silence Mr. Clark and to punish him for standing up for consumers,” Clark’s attorney Robert Carichoff said in the filing. “To allow AB to proceed with this vindictive litigation would Read the rest of this entry »
Posted in - Business... None of yours, - Did they REALLY say that? | Tagged: Anheuser-Busch, Anheuser-Busch brands, Anheuser-Busch InBev, beer, beverage, Big Business, booze, brew, brewery, bud, Budweiser, business, drink, Grupo Modelo, InBev, Leuven, news, St. Louis, United States district court | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, February 27, 2013
Tennessee has some very strange and peculiar laws regarding the regulation of beverage alcohol, most of which remain rooted in the Prohibition Era, and in in fear.
And, true to form, it would be no wonder that Baptists – the arch-conservative religious political right wing activists of the right wing party – are directly involved in efforts to keep the state mired in the antiquated bad old days of yore.
Tennessee is unique in the regard that state law forbids sale of wine except in state-licensed liquor stores. To clarify, the state of Tennessee has an unusual combination of laws that forbid sales of wine in any other type store save one that sells liquor. Further, sales are prohibited on Sunday. Beer, however, is able to be sold in grocery stores… but only if the ABV (Alcohol By Volume) is under 6%.
Alabama once had a similarly prohibitive content law, along with bottle size restriction – which severely limited the sales of domestic and imported craft/micro brew beers and ales. Alabama no longer has such prohibitive limitations.
And then, if one considers the implications of that law – mandating the sale of wine be exclusively limited to sales in liquor stores – the state actually sanctions the liquor enterprise itself, rather than being a neutral, regulatory body. In Tennessee there are no state-operated liquor stores as there are in Alabama. To have a state-run enterprise is not contradictory to the free market, because the state is a direct competitor in the market, which frequently has the lowest priced products, because taxes are the markup/profit margin for the state. Contrasting that model with the private retailer, the private retailer must make a profit atop the taxes which the state charges (after they purchase from the state at a wholesale cost – the same cost the state sells to the general public), thus increasing the retail price above what the state sells it.
Supporters and opponents of a bill that would let grocery and convenience stores sell wine undertook one final push to sway Tennessee lawmakers Monday ahead of a make-or-break vote in the state legislature.
Liquor store owners, grocery store operators, wine shoppers, a sheriff, an addiction specialist and a minister were among the people allowed to testify at a special hearing held a day before the Senate State & Local Government Committee is to vote on the biggest rewrite of Tennessee’s liquor laws in decades. Members guarded Read the rest of this entry »
Posted in - Business... None of yours, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: Alabama, beer, beverage, Bill Ketron, business, drink, enterprise, entrepreneur, entrepreneurship, food, government, grocer, grocery, grocery store, Ken Yager, laws, Liquor store, merchandizing, merchant, modernization, Nashville, Nashville Tennessee, opportunity, retail, Revenue, sales, senate, Senate State & Local Government Committee, taxes, Tennessee, Tennessee Baptist Convention, Vanderbilt University, wholesale, wine | Leave a Comment »
Posted by Warm Southern Breeze on Monday, February 11, 2013
If a container says there are a dozen eggs in it, there should be 12 eggs.
If a container says the contents are a pint, there should be 16 ounces.
If a container says the weight of a product is 5 pounds, it should weigh 5 pounds.
And if a container says that each pill has 45 milligrams of a certain ingredient, each pill should contain 45 milligrams of that ingredient.
Pretty straight forward stuff, eh?
But, were you aware that some of the vitamins and other food supplements you may take are not as highly regulated as either over-the-counter or even prescription medicines?
For example, there is so little oversight for standards in the vitamin and food supplement industry that Read the rest of this entry »
Posted in - Business... None of yours, - Do you feel like we do, Dr. Who?, - Read 'em and weep: The Daily News | Tagged: Dietary supplement, Food and Drug Administration, health, Journal of the American Medical Association, Kaiser Permanente, National Institutes of Health, Nutrient, nutrition, Portland Oregon, regulation, United States, United States Pharmacopeia, USA TODAY, Vitamin, Vitamin D | Leave a Comment »
Posted by Warm Southern Breeze on Tuesday, January 29, 2013
Greed, avarice, theft… they’re all related to each other.
It begs the question, however, and that question is:
“How much is enough?”
Former CEO of bankrupt Adams Produce Co. enters plea agreement to fraud and other charges
BIRMINGHAM, Alabama – Scott David Grinstead, former chief executive officer of Adams Produce Company, today was charged with fraud against the now bankrupt company, failure to report a felony against the government, and failure to file federal income tax returns, federal authorities announced.
Grinstead, 45, who also today entered a plea agreement with federal prosecutors, is the second Adams Produce employee to be charged in a criminal probe of the long-time Birmingham-based company, which shut down after declaring bankruptcy last year.
Adams Produce was founded in 1903 by Edwin Calvin Adams. The Adams family sold the company to executives and a private equity firm in 2010.
Grinstead, under the terms of his plea agreement, is to pay $450,000 in restitution to the bankruptcy estate of Adams Produce for the benefit of the company’s employees who were not fully paid because of Adams’ abrupt closing and its filing for bankruptcy last year, according to a statement from U.S. Attorney Joyce White Vance, FBI Special Agent in Charge Richard D. Schwein Jr. and IRS Criminal Investigation Division Acting Special Agent in Charge Veronica Hyman-Pillot.
“This case involves the chief executive officer of a company who Read the rest of this entry »
Posted in - Business... None of yours, - My Hometown is the sweetest place I know | Tagged: Adams, Adams Produce, bankruptcy, Birmingham, Internal Revenue Service, Lake Martin, Pfahl, United States Attorney | Leave a Comment »
Posted by Warm Southern Breeze on Sunday, January 20, 2013
By Ben Raines | email@example.com
January 20, 2013 at 6:11 AM, updated January 20, 2013 at 8:41 AM
Though it costs less to produce power in Alabama, the state’s residents and businesses pay more for electricity than customers in neighboring Georgia.
The price difference is substantial, according to an AL.com analysis of the annual reports of Alabama Power and Georgia Power, sister companies owned by Southern Co.
Between 2006 and 2011, Alabama Power produced the electricity sold to residential and commercial customers for $1.1 billion less than Georgia Power would have spent to make the same amount of electricity.
But despite that savings, Alabama Power charged its residential and commercial customers $1.5 billion more for electricity than Georgia Power would have charged during the six-year period.
|Difference in Alabama’s higher rates versus Georgia Power rates for commercial and residential
Alabama Power executives said that it was Read the rest of this entry »
Posted in - Business... None of yours, - Did they REALLY say that?, - My Hometown is the sweetest place I know | Tagged: AL.com, Alabama, Alabama Power, Alabama Power Company, Alabama Public Service Commission, Alagasco, analysis, bills, charge, electricity, Georgia, Georgia Power, greed, investigation, Jeremy Oden, money, net income, news, power, Southern Company, utilities, utility | Leave a Comment »
Posted by Warm Southern Breeze on Thursday, January 17, 2013
The Federal Reserve regularly publishes a summary of economic activity in the 12 Federal Reserve Districts in the United States.
It is important to note that “This document summarizes comments received from businesses and other contacts outside the Federal Reserve and is not a commentary on the views of Federal Reserve officials.”
Much, if not most of the news was promising.
Summary highlights from this Beige Book 2013-01-16 are that:
• “Reports from the twelve Federal Reserve Districts indicated that economic activity has expanded since the previous Beige Book report, with all twelve Districts characterizing the pace of growth as either modest or moderate.”
Posted in - Business... None of yours, - My Hometown is the sweetest place I know | Tagged: agriculture, automobile, Beige Book, business, Coal, construction, consumer, Consumer spending, economic, economy, employment, Energy, farming, Federal Reserve, Federal Reserve Bank, Federal Reserve District, Federal Reserve System, gas, housing, jobs, manufacturing, money, NatGas, Natural gas, news, Philadelphia, Real estate, sales, spending, travel, unemployment, United States, wages | Leave a Comment »
Posted by Warm Southern Breeze on Sunday, January 13, 2013
The Employment Situation in December
January 04, 2013
09:30 AM ES
While more work remains to be done, today’s employment report provides further evidence that the U.S. economy is continuing to heal from the wounds inflicted by the worst downturn since the Great Depression. It is critical that we continue the policies that are building an economy that works for the middle class as we dig our way out of the deep hole that was caused by the severe recession that began in December 2007.
With the passage of the American Taxpayer Relief Act earlier this week, more than 98 percent of Americans and 97 percent of small businesses now have certainty that their income taxes will not rise. Additionally, unemployment insurance was extended for two million Americans who are searching for a job, and companies will continue to receive tax credits for the research that they do and continue to have tax incentives to accelerate investment in their businesses. By allowing income tax cuts for the top two percent of earners to expire, this legislation further reduces the deficit by $737 billion over the next decade. It is important that we continue to move toward a sustainable federal budget in a responsible way that balances revenue and spending while protecting critical investments in the economy and essential support for our most vulnerable citizens.
Today’s report from the Bureau of Labor Statistics (BLS) shows that private sector businesses added Read the rest of this entry »
Posted in - Business... None of yours, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: Alan B. Krueger, American Taxpayer Relief Act, Bureau of Labor Statistics, December, economy, Economy of the United States, employment, entrepreneurship, Great Depression II, Great Recession, income, jobs, Labor force, politics, private enterprise, report, taxes, United States | Leave a Comment »
Posted by Warm Southern Breeze on Sunday, January 13, 2013
The saga continues.
Hostess Names Flowers as Lead Bidder for Bread Business
Hostess Brands Inc., the bankrupt maker of Wonder bread and Twinkies, said Flowers Foods Inc. (FLO) is the lead bidder for most of the assets of its bread-baking operations.
“We are pleased with the Flowers offers and look forward to a robust auction process that will allow these iconic brands to continue and to maximize value for all of the company’s stakeholders,” Hostess Chief Executive Officer Gregory F. Rayburn said yesterday in a statement.
The proposed accord with Flowers Foods includes the purchase of the Wonder, Butternut, Home Pride, Merita and Nature’s Pride brands, 20 bakeries, 38 depots and other assets for $355 million, which may be increased to $360 million if certain license rights are included in the sale. The remaining bread brands, as well as its snack cake business, will be sold separately, according to the statement.
Flowers Foods, based in Thomasville, Georgia, also agreed to
Read the rest of this entry »
Posted in - Business... None of yours, - Read 'em and weep: The Daily News, - Uncategorized | Tagged: auction, bread, business, Flower Foods, food, Hostess, Hostess Brands, November, sales, snack, Thomas Aquinas, Twinkie, Twinkies, United States bankruptcy court, Wonder Bread | Leave a Comment »
Posted by Warm Southern Breeze on Sunday, January 13, 2013
Behold but one of the effects of climate change… the mighty Mississippi River going dry.
And really, why argue about what’s causing it when we need to be responding to the problems it creates?
Initial Mississippi River Rock Removal Complete, Says Army
The U.S. Army Corps of Engineers said contractors have completed the first phase of emergency work to remove rocks that have held up barge traffic in the drought-stricken Mississippi River.
Contractors have excavated about 365 cubic yards (279 cubic meters) of limestone from the river near the town of Thebes in southern Illinois, deepening the channel by about two feet, the Corps said in a statement today.
“The work has deepened the channel enough to
Read the rest of this entry »
Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: American Waterways Operators, Archer Daniels Midland, barge, business, Climate change, Drought, iphone, Mississippi, Mississippi River, money, news, river, St. Louis Missouri, Thomas Aquinas, traffic, United States Army Corps of Engineers | Leave a Comment »
Posted by Warm Southern Breeze on Saturday, January 12, 2013
This time, it’s Hawaiian Pineapple Production.
And, it’s an old story.
Del Monte to End Pineapple Production in Hawaii
Last Crop Will Be Harvested in 2008
By John Fischer, About.com Guide
Pineapple Growing in Central Oahu;
Photo by John Fischer
Sugar and Pineapple – those two words used to be synonymous with Hawaii. In a year where Hawaiians of Filipino decent are celebrating their 100th anniversary in the islands, one of the two cash crops which brought them to Hawaii along with immigrants from China and Japan is facing another long-time grower abandoning the islands for cheaper production elsewhere.Where once sugar cane and pineapple fields were strewn across most of the Hawaiian islands, now you’ll find housing developments, resort hotels and condominiums and more often, just barren fields.
Del Monte to Cease Pineapple Production in Hawaii
Fresh Del Monte Produce Inc. announced last week that after 90 years in Hawaii, they will plant their last crop of pineapple on Oahu this month and will cease all operations by 2008 when that crop is harvested.Citing the expense of Read the rest of this entry »
Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: corporations, Del Monte, Dole Food Company, greed, Hawaii, Hawaiian Islands, Honolulu Star-Bulletin, James Dole, jobs, Lanai, Maui, money, Oahu, profit, rapacious profits | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, January 2, 2013
For those unaware, Cooper Green Mercy Hospital is a publicly-run hospital licensed to Jefferson County under the name “Jefferson Health System.” Recently, Jefferson County filed bankruptcy in what would have been very nearly the largest municipal bankruptcy filing, resulting from massive fraud perpetrated by former Mayor Larry Langford (popularly known as “LaLa”), and other members of the Jefferson County Commission, which is the elected ruling board overseeing governance of county entities, including Cooper Green Mercy Hospital & Jefferson Health Systems.
Since 2005, CGMH has experienced a 27.8% decline in patient discharges, which is a measure of how many people are being admitted to the hospital.
As well, in response to numerous ongoing management problems, in 2012, from January to November, the number of Full Time Employees declined 27.27%. And as the hospital seeks to ameliorate the hemorrhaging, the hospital is moving away from Acute Care, and toward Primary and Urgent Care.
Toward that objective, the hospital voluntarily surrendered Cooper Green Mercy’s acute care hospital license to the state. And, in the course of their operations in the midst of this crisis, CGMH moved toward a system in which fees are based upon family size and income.
Cooper Green inmate patients now being taken to Brookwood Medical Center, county officials say
Posted in - Business... None of yours, - Do you feel like we do, Dr. Who?, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: acute care, Alabama, Birmingham, Cooper Green, Cooper Green Mercy Hospital, Council Manager (Ireland), County commission, Emergency Department, government, healthcare, hospital, Jefferson County, money, news, Petelos, politics, Tony Petelos, Urgent care | Leave a Comment »
Posted by Warm Southern Breeze on Saturday, December 29, 2012
It’s been amazing to me to hear that many who have followed this issue – or even had some passing familiarity with the story – have been so blatantly ignorant of the abuses and frauds perpetrated by the corporate executives of the Hostess Corporation. Frankly, those who demonized the unfortunate demise of this iconic American enterprise blamed unions, and completely overlooked corporate malfeasance. However, this enterprise, which, in the course of their operations, once treated their employees well, was miserably raped by greedy and incompetent executives. Why they have not been charged with theft or fraud is beyond my comprehension.
Hostess Maneuver Deprived Pension
- Updated December 9, 2012, 8:03 p.m. ET
Hostess Brands Inc. said it used wages that were supposed to help fund employee pensions for the company’s operations as it sank toward bankruptcy.
After nearly 22 years at Hostess, former forklift operator Craig Davis is pondering his future on the front porch of his home in Emporia, Kan.
It isn’t clear how many of the Irving, Texas, company’s workers were affected by the move or how much money never wound up in their pension plans as promised.
After the company said in August 2011 that it would stop making pension contributions, the foregone wages weren’t put toward the pension. Nor were they restored.
After nearly 22 years at Hostess, former forklift operator Craig Davis is pondering his future on the front porch of his home in Emporia, Kansas. Ryan Nicholson for The Wall Street Journal
The maker of Twinkies, Ho-Hos and Wonder Bread filed for bankruptcy protection in January and shut down last month following a strike by one of the unions representing Hostess workers. A judge is overseeing the sale of company assets.
Gregory Rayburn, Hostess’s chief executive officer, said in an interview it is “terrible” that employee wages earmarked for the pension were steered elsewhere by the company.
“I think it’s like a lot of things in this case,” he added. “It’s not a good situation to have.”
Mr. Rayburn became chief executive in March and learned about the issue shortly before the company shut down, he said. “Whatever the circumstances were, whatever those decisions were, I wasn’t there,” he said.
A spokeswoman for Hostess’s previous top executive, Brian Driscoll, declined to comment.
Hostess hasn’t previously acknowledged that the foregone wages went toward its operations.
The maneuver probably doesn’t violate federal law because the money Hostess failed to put into the pension didn’t come directly from employees, experts said.
“It’s what lawyers call betrayal without remedy,” said James P. Baker, a partner at Baker & McKenzie LLP who specializes in employee benefits and isn’t involved in the Hostess case. “It’s sad, but that stuff does happen, unfortunately.”
The decision to cease pension contributions angered many employees. After the bankruptcy filing, Hostess tangled with Read the rest of this entry »
Posted in - Business... None of yours, - Did they REALLY say that?, - Read 'em and weep: The Daily News | Tagged: abuse, business, crime, fraud, greed, ho's, Hostess, Hostess Brands, incompetence, investigation, liars, pension, Rayburn, retirement, Teamster, theft, Twinkie, Twinkies, Wall Street Journal | Leave a Comment »