This morning saw on CBS "This Morning" show segments of show with Gail King, Charlie Rose and Norah:
The segements were probably in the middle of the first or second hour of the CBS "This Morning" Show;
1. 1st Segment- Hispanic boy was shot by authorities; the hispanic boy had a play/toy gun; the authorities said that they told the hispanic boy to throw down the weapon; but the hispanic boy turned towards the authorities instead and the authority shot the hispanic boy;
2. 2nd Segment- [GETTING HIS SHOT];White boy with missing left arm that had been given a scholorship to play basket ball.
Instructions of the type of mindset those who control/have authority over a neighborhood are to have when approaching young minority males and males of color;
1. For African American male youth;[people of color]-authority can [kill minority male youth]-minorities have no backup;
2. For White male youth-[raise up the white male youth who physical/mental difficulties]-that is their punishment [but the white male youth get to live];
3rd. Segment- [SOUNDS OF PROGRESS]; Gail KING; [white male boy name GRACE-in];
a. CONFIRMATION: [to let secret group KNOW-article in local newspaper]-Winston-Salem Journal-[http://winstonsalemjournal.nc.newsmemory.com/index.php];[http://winstonsalemjournal.nc.newsmemory.com/index.php];
Man disputes police account ;
He says officer rammed car, then fired shots
RUTH
In the article: "Man disputes police account ;He says officer rammed car, then fired shots" African American male "Ruth" states the complete opposite of the authority who was the one who used weapon; that the car they were in was never approached by authorities, that they just started shooting[which Ruth attorney[?] says bystanders confirmed]; cue=LIBERTY st. [liberty =code for "Freedom"-]code=African American male-not to have Freedom; [ref.hispanic boy killed with toy gun][white boy allowed to live, but handicapped];=Both situations have the same scenerio-authorities give no response time=shoot males of color first-ask questions later;
That is why after calling PATTERSON [authority that came when Gwyndolyn Gwyn son pulled weapon]; I called out of state to get a phone number to call to another city who could answer questions, who called Winston-Salem city link, who called Winston-Salem authorities who showed up and then wanted to know if I called the authorities because after the head authority checked, he knew that other authorities were suppose to answer call for area, not the authorities that showed-sort of like keep it all secret in the neighborhood to go through the head authority or the one highest up that is participating in secret system; If I had made the call myself, don't think it would have been good.
b. CONFIRMATION:
1. News Article: "Changes along Stratford Road"(HANESbrands' former underwear fabric
plant[code-plant-like informer]-"Developers to tear down historic HANES plant"
[Hanes is where hispanic people were used to harass, intimidate and threaten me daily for over two years, where I was put in an isolated location and fumes and bright lights were used as form of harassment; HANES management did nothing; EEOC gave me a right to sue letter-but after five Right to sue Letters-[Sam's club one of them]-not one attorney would take case?]
The picture above =codes= RICK's DRIVE =code to locals that relative Ricky who they have been manipulating will have to stop/be torn down[dyeing and FINISHING building]; STRATFORD ROAD=code to CINTAS and local relatives that live on Stratford Road=changes to be coming;
After left Hanes on Hanes Mill Road-notice that there were a LOT of authority vehicles that were ALWAYS parked outside of the Hanes Building on Hanes Mill Road;
** Article at the bottom of the page-"SIGNAL" in the works for BUSINESS 40 EAST [code for African American communities] exit= code to business,etc.;
**** Article-BUSINESS; p.A11; Winston-Salem Journal;"Caterpillar:FORSYTH PLANS STILL ON TRACK; [codes on page A11 about system that is still on track];
"Caterpillar: Forsyth plans still on track ;Company's pro.ts down sharply as worldwide mining slumps"[http://winstonsalemjournal.nc.newsmemory.com/index.php];
Godwillst
****************
[http://winstonsalemjournal.nc.newsmemory.com/index.php]
Man disputes police account
He says officer rammed car, then fired shots
BY MICHAEL HEWLETT
Winston-Salem Journal
Aonta De’Vaux Ruth, one of the men shot by two Winston-S alem police officers Friday, said one of the police officers rammed the car he was in, got out and immediately started firing his gun.
“It wasn’t no approach,” Ruth said in an interview Wednesday. “He started shooting.”Ruth, who was shot in the left arm, is referring to Officer Brady Ferguson. According to Winston-Salem police, Ferguson stopped a green Cadillac Seville driven by James Edward Plater, 32, about 12:24 a.m. Friday. Ruth was a passenger in the car. Police said that as Ferguson approached the car, he and Plater got into an
******
Caterpillar: Forsyth plans still on track
Company's pro.ts down sharply as worldwide mining slumps
Company's pro.ts down sharply as worldwide mining slumps
BY RICHARD CRAVER
Winston-Salem Journal
Another rough quarter for mining revenue has contributed to another sharp profit decrease for Caterpillar Inc.
The company reported Wednesday a 44 percent drop in third-quarter net income to $946 million compared with a year ago. Revenue was down 18 percent to $13.4 billion.
Investors reacted to the profit decrease by sending the share price down 6.1 percent, or by $5.41, to close at $83.76.
Caterpillar already has taken a number of steps to cut costs, including reducing its global workforce by more than 13,000 positions in the past year.
Company spokeswoman Rachel Potts said Wednesday, however, that Caterpillar is building up its operation in Winston-Salem. Caterpillar had 371 local employees as of March 8, the last workforce count provided by officials.
Doug Oberhelman, Caterpillar's chairman and chief executive, said in a statement that cost-saving actions by the company include 'many temporary plant shutdowns, temporary layoffs for thousands of salaried and management employees, reductions in program spending, substantially lowered incentive pay, lower capital expenditures, and implementation of general austerity measures across the company.' The company said that it has
CATERPILLAR, Page A13
2011, DAVID ROLFE/JOURNAL
Caterpillar opened its plant in Forsyth County on Nov. 16, 2011. The company had 371 local employees as of March 8.
Article Continued Below
Caterpillar
From Page A11
eliminated 7,607 full-time employees globally since Sept. 30, 2012, leaving it with 121,506. In the same time span, it has cut 6,054 temporary jobs, reducing that workforce by 28 percent to 15,598. Affected altogether were 4,098 U.S. job positions and 9,084 non-U.S. positions.
'Similar to last quarter, we aren't breaking out cost-reduction measures and impact per individual facilities,' Potts said. 'Cost reduction measures have occurred or are occurring throughout the company globally. As announcements are made, our process is to tell employees first - and we'll continue to do that.' Caterpillar opened the local $426 million axlemanufacturing plant in November 2011, with the axles to be used in its largescale mining trucks. The company has pledged to create 392 full-time and 118 contract jobs when the plant is at full production.
About 180 of the 371 local staff are contract workers. Caterpillar officials said when they committed to the local plant in July 2010 that they wanted to have a relatively large contract workforce as part of their strategy for handling dips in customer demand for products. It said when the plant opened it had a year's backlog of orders.
Job fair
Human-resources officials with the local Caterpillar plant participated in the recent Winston-Salem Urban League job fair, which had as its goal including companies that are actively interviewing and hiring workers.
'As we've stated before, we are still on track to be fully operational by yearend 2015 and expect to have a workforce of about 500 people at that time,' Potts said.
Oberhelman warned Wednesday that about 75 percent of the sales drop is from its Resource Industries segment, which is primarily mining operations.
'We expect Resource Industries sales to be down close to 40 percent for the full year and Power Systems' and Construction Industries' sales to each be down about 5 percent,' he said.
The company said that 'not only is mining down from 2012, the demand for equipment has been difficult to forecast. Orders for new mining equipment began to drop significantly in mid-2012 and have continued at very low levels.' 'With $11 billion coming off the top line, it has been a painful year and has required wide ranging and substantial actions across the company,' Oberhelman said. 'Yearto-date, excluding the impact of inventory absorption, we've lowered costs about $700 million and reduced capital expenditures by about $400 million.
'We can't change the economy or industry demand, but we've taken many actions to align our costs with the environment we're in currently. While we've done much already, we're not finished and expect to take deeper actions to improve our cost structure and balance sheet.
'We're not seeing bright spots in mining yet, but the turnaround will happen at some point, and when it does, we'll be ready to respond,' Oberhelman said.
Douglas Johnston, a contributing analyst to Seeking Alpha, said that given Caterpillar's 2014 outlook, 'we see significant downside ahead and continue to think the share price will break well below its downside support of $80,' potentially as low as $60.
'Given that earnings estimates are just beginning to be downward adjusted, there will continue to be pressure to maintain the share price,' Johnston said.
Johnston said he expects Caterpillar's $1 billion share-repurchase program, announced July 29, to 'come to a grinding halt soon.' A company typically buys back its share from the marketplace to reduce the number of outstanding shares. Because there are fewer outstanding shares, those remaining in the marketplace can become more valuable. Companies also buy back shares when they believe the shares are undervalued.
'Without share buybacks, which we already question fundamentally, the support for Caterpillar's share price will be challenged,' Johnston said.
Local officials have expressed hope the Winston-Salem plant might be spared a significant job hit, particularly since Oberhelman praised the facility when the company held its shareholders meeting in June in Greensboro.
Gayle Anderson, president and chief executive of the Winston-Salem Chamber of Commerce, has said her office remains in close touch with Caterpillar to provide any assistance requested.
The company is eligible for up to $28.5 million in state incentives and up to $23.5 million in local incentives. It achieved the first-year incentive goal of having at least 180 full-time jobs by the end of 2012.
Commerce spokesman Josh Ellis said Wednesday that Caterpillar has received $48,750 in state economic incentive payments based on its 2011 capital investment and job investment commitments. He said the 2012 incentive payment is being researched by the N.C. Revenue Department for certification of taxes and withholdings.
Ed Jones, deputy Forsyth manager, said Caterpillar has received one incentive payment for $389,680. Derwick Paige, assistant city manager for Winston-Salem, said Caterpillar has received an incentive payment of $41,113 since beginning operations.
The state and local governments have different employment requirements to fully qualify for the performance-based incentive packages. For example, the state counts full-time and contract workers, whereas the city/county only factors in full-time workers.
The city's agreement with Caterpillar is based on the creation and maintenance of a specific number of jobs.
rcraver@wsjournal.com (336) 727-7376
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