07/25/12. The official audited amount that JP Morgan Chase reported losing in their London Branch is $5.8 billion dollars. This is suppose to be the final amount. The original amount that Chase told reporters they lost back in May 2012 was $2 billion dollars. Who is watching the bank's money? Is it $2 billion or $6 billion dollars? Don't they know how to count? They should know, they are bankers. Complete joke and a theft they call a loss. Very Funny. More to come, stay tune.
07/24/12. A report has come out that indicates one in three hispanics in the United States of America report that they have experienced hunger from lack of food in their home in 2010. Lack of jobs is the problem. More to come, stay tune.
07/23/12. A new report from the National Climatic Data Centre finds that 55% of the continental United States (48 STATES) was in moderate to extreme drought and a third in severe to extreme drought as of July 10th, 2012. This year the primary corn (maize) and soyabean agricultural belt has been hard hit by the drought of the past three months: crops, pastures and rangeland have deteriorated at a rate rarely seen in the past 20 years. Drought now covers all or virtually all of the corn and soyabean production areas in Illinois, Nebraska, Indiana, Kansas, Missouri, Colorado, Arkansas, Kentucky and Tennessee. Memories of the 1930s Dust Bowl have even been revived, although agricultural practices have improved greatly since then.Across the country, more than 1,000 counties in 29 states have been designated primary natural disaster counties by the Department of Agriculture (USDA). This allows producers in these areas to apply for low-interest loans from the government, and opens up land in the conservation reserve programme for use for grazing and hay production. On July 16th the USDA downgraded the quality of domestic corn, rating 38% as “very poor” or “poor”. This was up from 30% the week before, and is a rating not matched since 1988. At the same time 30% of soyabeans were rated in very poor or poor condition, up from 27%. More to come, stay tune.
07/22/12. In June the Federal Reserve released a study that reflected the median net worth of U.S. families. From 2007 to 2010 a federal reserve report indicates that income's for Americans across the board fell by 39%. Or $77,000 dollars. The last time this dollar income was fact was 1992. The blame is mostly from the housing market collapse or depression. The top 10% wage earners saw their income's rise slightly. Special entities in the United States wonder why these figures were released so late. Americans could have helped remedy this situation before it was to late. MORE JOBS ARE NEEDED IN THE UNITED STATES of AMERICA. CREATE JOBS! Open up credit to Average Americans. Not billionare bankers. Let's get this country working again. Small Business creates jobs! More to come, stay tune.
07/15/12. The State of Illinois has a $83 billion dollar State Pension obligation. The City of Chicago has a $23 BILLION DOLLAR PENSION OBLIGATION. YOU DO THE MATH AND YOU WILL AGREE WE DO NOT HAVE THE FUNDS TO COVER THESE PENSIONS. WHAT DO TAX PAYERS DO?
07/14/12. Corn is up by 38%. The dry heat around the country has caused a drought in many farm communities. Only 48% of the Corn Crop is OK/Healthy enough to harvest. The President has announced an ASSISTANCE plan for farmers. Many U.S. Governors have announced/called counties in their state dissaster areas. More to come, stay tune.
07/13/12. In the east coast of America Great White Sharks have been sighted more frequently. The reason is that the Grey Seal has increased in population. The Grey Seal has been a protected animal for years. In 2008 there were about 10,000 Grey Seals visiting our beaches in the east coast. Today scientists have reported counting 300,000 Grey Seals. That is why the Great White Shark has been visiting our beaches. The same east coast beaches Americans have been swimming with their families for over a Century. By the way, Great White Sharks are 14' to 20' feet long. Remember "JAWS". More to come, stay tune.
07/12/12. In Chicago, killings are up by 38%. African Americans make up about 43% of the city of Chicago's population but the victims of these killings this year in Chicago are 70% African Americans. What is Mayor Rahm Emmanuel doing about this? Not enough! More to come, stay tune.
07/11/12. President Obama has announced that he has temporarily issued health insurance for over 8,000 full and part time fire fighters that are currently battling the fires in our national parks. Actually these part time fire fighters work full time. Usually 14 to 16 hour days when fighting forest fires. They have been trying to get health insurance for many years. Way to go Mr. President! More to come, stay tune.
07/10/12. A current poll has the 44th President Barack Hussein Obama and former Govenor of Massachusetts Mitt Romney in a tie with both at 47%. Do you believe that this figure is correct? More to come, stay tune.
07/09/12. Chicago/Illinois Congressman, Jessie Jackson has been reported il. He is not available for comment. We at YYYC hope Congressman Jackson is healthy and ok. In the mean time the residents of the 2nd District have been served well by Congressman Jessie Jackson. Maybe the media should not be so hard on him untill all information is out to the public. More to come, stay tune.
07/08/12. A Super Happy Birthday to the BIKINI. This week the BIKINI turns 66. That wonderful swim wear for women around the world was developed in 1946. The French inventor of the BIKINI named it after a small island in the pacific which was a Nuclear Bomb testing site. Way to go!
07/07/12. Did you know that only 3 out of 10 people in the United States of America have an Emergency Savings Account. It is estimated that 25% of the U.S. population have SIX Months of Emergency Savings in their bank account. In this economy it is hard for many Americans to establish an Emergency Fund. Make it a point to discuss this matter with your spouse or just try to do it for your well being on your own. Put a list of items that you need to pay every month and prioritize the items on that list. What is more important to pay than others. Start there and eventually you will be able to make that Emergency Fund a reality. It won't be easy but at least try to have a one month Emergency Fund established. Good Luck! More to come, stay tune.
07/06/12. United States official Unemployment Rate is still 8.2%. In June 2012 new jobs created was 80,000. That is half of what the President's people expected. They were looking for 160,000 new jobs. President Obama. What an Executive. More to come, stay tune.
07/05/12. The United Nation is looking for more money. Their Financial and Social Program department has a $167 billion dollar shortfall. The U.N.'s remedy is to charge a 1% tax on industrialized nations. This tax is expected to raise $40 billion dollars. The U.N. also is asking for a Carbon and Financial tax that would generate $300 billion dollars annually. Oh Goody, More taxes! More to come, stay tune.
07/04/12. HAPPY 236th Birthday America! Have a safe and great 4th of July everyone!
07/03/12. Did you know that Americans in 2011 spent about $629 billion dollars in restaurants last year. The restaurant industry in the U.S.A. employs an estimate of 12.9 million workers. The average AMERICAN in 2011 ate out about 195 times. That figure is down from 2010 figures. In 2010, Americans ate out about/on average 225 times. The average lifespan of a restaurant in the United States is only two years. More to come, stay tune.
07/02/12. The auto industry did good for the month of May 2012. Ford up 7%. General Motors up 16%. Chrysler up 20%. More to come, stay tune.
07/01/12. Mexico votes for a new President today. Votes should be counted by tonight or tomorrow. There are about 160 million people who live in Mexico. More to come, stay tune.
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