U.S. Steel Warns It May Lay Off Almost 2,000

U.S. Steel Corp. said it will curtail production at pipe-making plants in Alabama and Texas and may lay off almost 2,000 workers because of “softening market conditions” in the oil and gas industries.

The Downtown-based steelmaker said late Monday that it would “temporarily adjust operations” at Lone Star Tubular Operations in Texas, Fairfield Tubular Operations in Fairfield, Ala., and Fairfield Works, the primary flat-roll supplier of rounds to Fairfield Tubular Operations.

Read more: http://triblive.com/business/headlines/7645142-74/fairfield-operations-steel#ixzz3PyOuMJ4S
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Harrisburg Leaders Believe Bankruptcy Is Inevitable For City

Map of Pennsylvania highlighting Dauphin County

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Editor’s note:  How very sad that the capital city of this great Commonwealth has deteriorated to this extent!

The Patriot-News Editorial Board met Thursday with City Controller Dan Miller, Council President Wanda Williams and City Treasurer John Campbell.  Below is an excerpt of the conversation.

Q: Where do things stand in the city now?
Dan Miller: We’re going into bankruptcy.  The question is will we have the assets or won’t we have the assets [when we do].  Just because we adopt a plan, that’s not going to solve the problem.  I think [receiver] David Unkovic knows the same thing.

Wanda Williams: I had an opportunity to talk to Jefferson County, Ala., officials last weekend.  They tried to derive a plan there similar to Unkovic’s, but the people were up in arms and they said no, we are not going to allow you to sell our assets.  What you’re going to do is sell our assets and we’re going to be left with nothing, and we’ve been telling Unkovic that.  Where do you derive the revenue from after you sell all our assets?  Now Jefferson County has filed bankruptcy, and the judge is making that determination.  Their assets are safe for the time being. I see this as a ploy — Gov. Corbett has asked [Unkovic] to come in and do a plan, but in the interim, we’re going to be selling assets and filing for bankruptcy.

 Q: How significant was the city’s general obligation default on March 15?
Miller: I suspect we’re not paying any more debt for the rest of the year. I’m not the decision maker, but if you’re not going to pay it now, you’re not going to pay it anymore.  Unkovic is projecting a $9.5 million deficit.  I’m calculating $15 million.  We’re both acknowledging it’s a big deficit for this year.  Our general debt service is about $11 million a year.  Even if you sell the assets, it’s not going to impact the budget. We’re out of money.

Read more:http://www.pennlive.com/editorials/index.ssf/2012/03/harrisburg_leaders_believe_ban.html

Taco Bell “Beefgate” – Where Is Clara Peller When We Need Her?

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Anybody of a certain age must remember Clara Peller in those hysterical “Where’s The Beef” commercials for Wendy’s.  Now it seems Ms. Peller’s services could once again be used.

Taco Bell‘s “beef” was found to contain less than 35% beef!  It does not meet the USDA‘s requirements to be called beef.  An Alabama law firm is suing, not for monetary gain, but to have the word beef removed from Taco Bell’s advertising.  The “mystery meat” is full of binders and fillers.  Taco Bell vigorously defends their advertising.

So I leave you with one of Clara Peller’s iconic Wendy’s commercials:

Joran Van Der Sloot Confesses to Murder!!!!!!

Joran van der Sloot has confessed to the murder of Stephany Flores.  Joran flew into a rage after Flores used his laptop without permission and saw that he was involved with the disappearance of an American woman (Natalie Holloway).  The two argued.  When Flores tried to leave the hotel room, van der Sloot grabbed her by the neck, hit her and broke her neck.

Joran confessed during police interrogation.  However, we are still waiting for van der Sloot to reveal the details about Natalie Holloway’s disappearance and death. 

Two homes in the Netherlands were raided by police in conjunction with the US lawsuit accusing van der Sloot of extortion.  Evidence was seized that will hopefully corroborate the extortion charges.  Joran told Beth Twitty he would provide the details of Natalie’s death and the location of her remains for $250,000.00 .  Beth Twitty has transferred $15,000.00 into an account at a Dutch bank, in van der Sloot’s name.