Sunday, May 31, 2009

What future do you see?

I am sure that back in the 60's when a mainframe computer cost a company millions of dollars in 60's money and filled a giant room with big flashing boxes. The boxes full of vacuum tubes which has to be air conditioned lest they would over heat, no scientist could have seen our world. It is true that they did imagine men on mars and flying cars, but few could have seen that their serious computer would be made use of to play games.

And not just any games, almost all based on destroying things - war games. A sad sight to see over grown men playing with their expensive toys. Practicing how to destroy.

Think about it, all that technology in use to have some over stuffed corn fed american constantly smashing the console controls with his fat fingers pushing the fire button. It is as if the world has been replaced by foolish people who do not value what they have.

Well, things are going to change. In a future not far away people will realize that war is not the way. The video game will join the roman circus in the halls of barbarity.

Saturday, May 30, 2009

Fallout over NK

Fallout shelters were popular in the 50's, but now we see that they could come back. People worry that North Korea could supply unconventional technology to enemies of our US. The problem is that many shelters are cold damp and dark places that are not very fun.

Friday, May 29, 2009

GM going bankrupt on Monday

Despite massive amounts of financial aid it proves impossible for our gov saving GM. The car-tastrophe known as General Motors having been losing money for a while now. This cannot come as a surprise to anyone except the most hardened debunkers who spent thier time laughing at me when I did warn them in 2005 of the coming financial collapse and economic crisis.

Live in the real world. This will hit the US economy like a freight train that is coming off the rails. The damage to our financial system is grave. Having one of the largest employers go bankrupt will take out many small part suppliers, automobile dealerships, and even related industries.

Wednesday, May 27, 2009

GM in woe

Things are so bad that even analysts are now saying Government Motoring, I mean General Motors will go bankrupt. Failure of the once giant automaker will have a ripple effect causing jobs to be lost at parts manufacturers, automobile dealerships, steel mills, coal mines, and across the board due to higher unemployment.

Sadly, many do not realize the importance of a healthy industrial infrastructure. They fail to understand how many industries are tied to GM. Sales of cars were down, but it was still possible for the government to keep GM alive on grounds of national security. That might have save us.

However, we instead chose to give billions to the banksters who produce nothing of value. History will recall our mistakes.

Tuesday, May 26, 2009

power sipping servers

The move to cheap new power sipping servers is a sign of an economic crisis. Just like we saw the $2,000 laptop replaced by a $200 netbook, I see small servers that are less hungry for power. There low cost energy efficient servers are what will power our new internet of the future

Monday, May 25, 2009

Future events

Back when the telephone first came on, there were only a few people getting it. Most felt it was not needed. They would send a letter via snail mail. Few could imagine a world filled with cellular telephones. The black box home phone is now so yesterday, yet at one time it was cutting edge.

As we see the future is usually quite different than we can see, unless we remote view the future. Blackouts are predicted by Steven Gibbs.

Not sure how this will happen, but our technology depends on electricity. Perhaps North Korea will use a nuke to create a massive EMP. The electromagnetic pulse would fry all our electronics.

In the future I have seen a dark sity scenario much like was seen by Steven Gibbs. This is where there is a power blackout and the city is dark. People can wonder how it happens, but my fear is that it will take place sooner than we think.

Sunday, May 24, 2009

Expect Chinese to dump dollars

Their appetite for US assets can crash soon. This can affect stocks. Expect the dollar to decline in value. Already, all eyes are on the dollar, and it is at a yearly low against the euro.

How can this be? Well, arabs want to switch to euro as the global currency. The see US as the enemy. However, both russia and china want america to lose its position as world power. Perhaps this will lead to a new currency the amero to replace the dollar.

Saturday, May 23, 2009

The Truth

I cannot say it any better.

Friday, May 22, 2009

recession is over?

Unemployment is today at 9%, the government says it will soon hit 10½% and may stabilize at 11 or 12. The cost of oil is going up, and the price at the pump will soon follow. Today was another DOWn day for the Down Jones Industrial Average. However gold shot up over $960/oz.

Things do not look good. Expect more banks to fail despite massive bailouts. Plan on getting ready for a category five financial hurricane to hit.

Thursday, May 21, 2009

economic woes on Indianapolis 500

It is not just Chrysler that is in trouble. Sadly, economic woes on nascar and Indianapolis 500 have hit motor sports hard. Today, gasoline shot up to $2.75/gallon. It will not be long until gas is over $3/gal. That is double the price in January when it sold for $1.49/gal.

Things are running slow in the Speedway, and the checkered flag is not as happy. I believe that the false rally in the stock market created some euphoria, but in the real world, people are without jobs or ways to find new ones. The drop in the price of oil did fuel some speculation about an economic recover, but that hope is rapidly evaporating.

Not sure which automakers and part suppliers will make it to the finish line, but my guess is that cheap chinese parts will be the way of the future. All the govs plans to get things on track are now in trouble as the engine of america - GM cries out for help.

Wednesday, May 20, 2009

What will happen in Middle East?

Today, iran fired a long range missle (over 2000 km) that can hit israel and europe. I expect the current rise in gas price may cause grief as people see inflation kick in. Long term petroleum prices will increase, this cannot be good news for the stock market.

Future price of oil will go up. The smart money sees turmoil in the Middle East and so do I. This will hit you right in the wallet as gas prices increase.

Tuesday, May 19, 2009


The geneva convention is clear that torture is wrong. The world we work in has been transformed. Debunkers first said they we did not torture anyone, that I was crazy. Then the story changed to it is not torture it is harsh interrogation. Finally, now they admit it did occur, but say it is necessary.

Folks, there is a point where you stop being good and turn to evil if you justify doing bad. The CIA Torture Program is real, and the debunkers are liars.

Monday, May 18, 2009

over 100,000 cases of swine flu in US

Schools are closing as over 100,000 new cases of mexican swine flu hit US. This is not my drill, this is reality. As expected the disease epidemic that started in mexico and move to america is now a global pandemic.

Please do not panic, this flu is killing less than 1% of the people who get it. However, those who do get it are very sick. Doctors report emergency rooms full of people. They say most of these patients are reporting flu symptoms. Respiratory therapists say that pre-existing conditions make victims of H1N1 virus more susceptible to complications from the mexican swine flu.

Please remember to wash your hands, avoid crowded areas, and eat a healthy diet to make yourself strong. Junk food makes you weak and germs from crowded places can cling to your clothes or other objects. Future of medicine is prevention of germs, not a cure.

Sunday, May 17, 2009

Chrysler cars drop in price

Dealers are dumping Chrysler cars. OK, now debunkers claim that "everything is fine." Truth be told Chrysler car dealers are saying "everything must go!" And this at fire sale prices. Folks this is reality. Those debunkers that told you we were in an new economic recovery were wrong.

Saturday, May 16, 2009

Future of work

What is the future of work? Ok jobs are being now DOWNsize and OUTsource to low cost venues. The days of high wage labor are over. Most jobs will be replaced by robots or by low cost labor from poor countries.

Friday, May 15, 2009

GM drops 1200 dealers

GM will get rid of Pontiac, Saab, Hummer and Saturn. These will join Oldsmobile and Plymouth in the ash heap of history. As for the the debunkers, they will continue to giggle and say - everything is fine.

General Motors Corporation will slash 1,200 dealers in its struggle to survive What we are witnessing is the last gasp of a dying dinosaur. When the GM bankruptcy does take place, many people will be thrown out onto the street.

Thursday, May 14, 2009

Falling house of cards

Last year foreclosures were horrible, but this year foreclosure numbers are 32% higher than last year. In about a year over 20 million houses will be underwater. This means that the home owner owes more than the house is worth. The problem with debt is it works against you in a severe recession. Does that sound like economic recovery to you?

Sony lost a billion dollars because people are cutting back on expenses. It will start to close plants because the recovery is seen as a mirage.

Wednesday, May 13, 2009

What recovery?

Retail sales drop raise worries on economic recovery. Folks you have been sold down the river by some smooth talking banksters, the recovery is a mirage. To put it bluntly, I was right and the debunkers were wrong. Take a low at the dow dropping near 200 points today.

You cannot have a sustainable up trend in the market when earnings are down. People are being let go, and states are saying that sales tax and income tax shortfalls mean that they too must cut people. It is getting ugly out there.

Tuesday, May 12, 2009

GM execs dump stock

It was another down day for the dow on Wall Street. DJIA component GM shares fell to a 76 year low as execs dump stock. Get ready for falling stock prices as the false rally hits home. This is similar to the false rally of 1931. Do not get fooled into buying at an unwise price.

Do not believe the hype, our economic crisis is still here and median home prices fell nationwide this year. States complaining that sales tax revenue is down and income tax is falling. Sales are still falling, but unemployment is going up.

Monday, May 11, 2009

Credit Card losses hit banks hard

OK even as housing prices are still dropping, another cloud is on the horizon for banks. Credit card losses tied to unemployment are causing banks to grieve. I predict that US unemployment rate will go up over 10%. This means more foreclosures on houses, more repos on cars, and more defaults in credit. Sadly, our severe recession is getting worse.

Sunday, May 10, 2009

new russian rocket

Before the collapse of the soviet union there was talk of a new initiative to go to the moon. Well, with a new russian rocket it might be possible. This rocket could land in an open field and does not have to land on water.

Sadly, our american NASA is being scaled back. There is no money to go to the moon. All the money is being used to bail out the banksters.

Saturday, May 09, 2009

Truth about housing

In a move that will be long remembered for its foolishness, many claim the severe recession is over. I predicted that in the future I saw green pools and overgrown lawns. The so called "economic recovery" is not real. Things are getting worse. Banks cannot sell houses they foreclosed on. Future homes sales will be even worse.

Those who claim that all is fine do not understand that the unemployment rate is at record 9%, a 25-year high and climbing. At this rate more banks will fail and I predict it shall go over 10%.

Friday, May 08, 2009

What to expect

OK, skeptics say that our severe recession is over so we see an economic recovery. Well, I do not see an economic recovery in the near future, I see total financial collapse.

US retail industry is in record unemployment. Please remember that it is retail that created most of the jobs in the last ten years. The ghost malls are just around the corner - not prosperity.

Thursday, May 07, 2009

Farm subsidy cut

Obama will cut payments to farmers. This is important because agricultural products are one of the few things US exports. It is not computer chips made in the Silicon Valley that keep US afloat it is corn chips from Obama's home state of Illinois.

US is world's breadbasket, but if farmers go under it could be the end of the US. Those little green pieces of paper we are printing are backed up with a promise of food. Much of the world depends on US for food, as we are the Saudi Arabia of corn.

Future funny money will face inflation when people find that food prices are going up. It is these agricultural subsidies that keep alive the family farm, but as they disappear so will food off the grocery store shelves.

Wednesday, May 06, 2009

real flying car

Let's take a break from bad news. The Terrafugia flying car is a roadable airplane and it is real. The vehicle can fly as well as go down the highway. No longer science fiction, it cost $200,000 and what can I say. The future is here.

Tuesday, May 05, 2009

The great drying

Climate change causes water shortage in Colorado River by 2050. I predict that global warming will make the US more desert like as we move into a hotter and dryer epoch. Millions of acres of crop land and over 50 million residents depend on water taken from the large Colorado River basin, but it is going dry.

Lack of water will force people to move out of deserts regions. I believe John Titor spoke of scarcity of water being a big problem in 2036. Desertification will continue as our warm wet world turns into a dry dystopian desert.

Monday, May 04, 2009

Dollar stores doing well

In Japan during the lost decade after their real estate bubble, the 100 yen stores did well. OK so our dollar stores are doing well. During the Great Depression, dime stores where items sold for a dime did well. There is a pattern here.

Both Dollar General and Dollar Tree are opening new stores. This happens while malls are closing and we enter the "ghost mall" era. Time be a changing, and not for the better.

In other news Warren Buffet says inflation is on the horizon. This cannot be good news to seniors living on fixed incomes. I predict that gold will go up, and the dollar will go down.

Sunday, May 03, 2009

GM follows Chrysler

GM will soon follow Chrysler into bankruptcy. Sadly, even the most bullish analysts see an uncertain future for General Motors. This company has already lost {Saturn, Hummer, Buick, Pontiac, Saab, and Opel} This means more workers will lose jobs are the american automobile industry implodes.

Today President Obama said "we simply cannot keep this company or any company afloat on an endless supply of tax dollars." How true. I predicted that this would take place back in 2005. Well, you are now seeing GM go under. Expect unemployment to skyrocket as he nation's industrial base falls apart.

Saturday, May 02, 2009

more schools close due to flu

OK as mexican swine flu numbers grow at an exponential rate, we are seeing more on 430 schools closed in a desperate attempt to slow down the epidemic. Approx a quarter million students were sent home. The potential for a pandemic is growing and our fragile financial future could be shattered.

Friday, May 01, 2009

US auto sales lowest level in 30 years

Today, one day after Chrysler declared bankruptcy we hear that US car sales have plunged to lowest level in 30 years. However according to debunkers everything is fine in 2009. Welcome to reality, we are going down. WAKE UP!