patrick.net

Yep, times are hard here in "The Valley". The things people will do to maintain their lifestyle and "appearances".

On page 3B of this morning's SJ Mercury News:

"A former bank manager has been charged with embezzling from elderly customers, possibly cheating them out of more than $900,000. John Tran faces charged including theft from an elder, grand theft and forgery, according to the Santa Clara County District Attorney's Office."

"Tran was manager of the Wells Fargo Bank branch on Lincoln Avenue in San Jose from March 2009 to February 2009...."

"Prosecutors allege Tran also forged signatures, including of customers who had recently died, and drained their accounts."

"Tran was arrested Wednesday. Anyone with information about the suspected crimes may call detective Leonard Lim of the San Jose Police Department's financial crimes division at 408-277.4521".

And you thought your deposits were "safe" because of FDIC insurance.

I lived in Georgia for 40 years and it’s dysfunctions are numerous.

The question is, WHY?

A girl? A job? Family? A favorite eatery?

BEIJING (AP) -- China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America, a government official said Saturday.

China has built 4,000 miles (6,500 kilometers) of high-speed rail for its own train system and President Barack Obama issued a pledge in November with his Chinese counterpart, Hu Jintao, to cooperate in developing the technology.

"We are organizing relevant companies to participate in bidding for U.S. high-speed railways," Wang Zhiguo, a deputy railways minister, told a news conference.

Wang gave no details of where China's railway builders might seek contracts, but systems are planned in California, Florida and Illinois. He said state-owned Chinese companies already are building high-speed lines in Turkey and Venezuela.

^ we went to the moon in the 60s but can't build a f---ing train anymore?

Republicans FTL, though the Dems haven't covered themselves in glory on this topic, either.

^ That's right. When it comes to high speed electro magnetic leviation train, Germany(ICE) and France(TGV) has developed the technology. South Korea, Japan and China adapted the technology from them, then modified it to their own way. US didn't spend a dime for that, thus US can't f---king build it.

But why china?

Someone who's behind this story is GE. China has a plan to build 40 or so nuclear reactors in near future, and GE want that project. France, South Korea, Japan, Russia and USA is possible candidate for the project, and as the weakest contender, USA can't stand a chance on that over those countries without cutting a chunky deal or two with chinese government.

Ok, that's about it for now.

You guys go back to the topic and discuss ahead.

seaside says

Someone who’s behind this story is GE. China has a plan to build 40 or so nuclear reactors in near future, and GE want that project. France, South Korea, Japan, Russia and USA is possible candidate for the project, and as the weakest contender, USA can’t stand a chance on that over those countries without cutting a chunky deal or two with chinese government.

I think Westinghouse (owned by Japanese) already has many Chinese contracts for Nuclear plants.