Down day for the dow

It was a down day today. Dow lost near 150 points on the last day of the year. This is a sad note on which to end a year that saw the Dow go under 7,000 for a bit and then some. Hope we see better next year.

Asteroid Apophis

Unfortunately we in america are full of debunkers who giggle, so russians are gearing up to stop an asteroid collision with planet earth that would cause a crisis. It will cost russia billions to build the rockets to stop Asteroid Apophis in 2036. Debunkers prefer to make fun of others and not spend any money. It is real easy to just sit on your hands and say - nothing is gonna happen, you're crazy.

Anti Theft Gadgets

With an economic depression comes high crime. Well, here are some anti theft gadgets to keep you valuables um SAFE. These are low cost and easy to use. OK my favorite is the Tesla coil alarm for your car.

End of Broadcast TV?

John Titor said that in 2036 there was no broadcast TV. He said all TV was over internet. Well, that future is near. It seems many broadcasters are now saying they can no longer offer TV for free due to our economic recession. Broadcaster woes could spell the end of broadcast TV as many will now distribute over net and charge money...

Oil near $80/b

Price of petroleum affects all other prices. Back when oil was under $50/b this year 2009 I predicted it would go over 60 soon, then over 70. and finally over 80 this year. A dumber than dog dirt debunker said that peak oil was a hoax and it would go down under 20 soon. Well, I went on to predict oil would go over 100 next year. When oil did go over 80 he said it was a sign of a recovery, but that it would start to go back down soon. Yeah when? Well, I told him "Last year oil hit 147/barrel is that sign of a recovery?" You should have seen that fools face, there was a big idiotic grin.

Less credit for consumers

Sadly, many banks are cutting credit as things get worse. It seems consumers are becoming savers. This means sales going forward will be lower than now. The economy need more sales in order to recover.

Health care

The lump of coal in our stocking is health care. How will we pay for it or any of the hundreds of other programs? Well, taxes go up. That should not be a mystery to you. This is a most peculiar concept of freedom which is not free, but could be affordable if our gov did not constantly keep added new programs.

Fannie Mae and Freddie Mac

Unlimited assistance to fannie mae and freddie mac is US promise. Hey it is your money. I mean, that is from where all those tax dollars are coming. Sadly, so far we have given the two banks $111 billion and plan to give more.

Jobless claims near 1/2 million

I wish we were creating jobs instead of losing jobs. However jobless claims are now 452,000. Sadly, our gov does nothing to help us. They left a lump of coal in our stocking called health care.

Youtube improves

They say Youtube is top innovation of this decade. Youtube originally use to be 320X200 videos and took forever to load on old 56K modem connections. Streaming 1080 HD movies seemed like a fantasy. Back in 1999 I predicted that by 2009 most people would have broadband and do video over the internet. Also that terabyte drives would become common.

A debunker laughed and said T1 connection is $1000/month, and a good video camera is $20,000 so nobody is going to do video over the internet in 2009. Well, here we are, a max power quad core desktop is under $500, video editing software is free over the internet, cameras that shoot 1080 HD movies are less than $99, my high speed broadband connection is $10/month.

Youtube is a success, an epic win.

facial recognition technology

HP needs to improve its facial recognition technology. It seems the algorithm works well for white people, but it cannot work as well with dark faces. Perhaps not enough photons reach the camera.

Medical care

Health care in the future reminds me of the movie Soylent green. In that movie old people were turned into biscuits and feed to the young. This is very scary. Well, then again Israeli doctors were harvesting organs and blood of palestinian prisoners. These HELLth care doctors are like modern vampires. It is like they came from the movie new moon.

What Future?

Back in the 60's we went to the moon. People were talking about going to mars. However, few did calculate the high cost of planetary travel. In fact, we have not gone back to outer space missions.

Google buying Yelp

Buzz says Google buy Yelp to help, namely in local search ads. Internet is crushing the printing press. This shows us the view from mountain view. Basically, it is the end for small community newspapers.

Al Frankenstein

Al Franken cut off Joe Lieberman. This could crash the whole health care. It is my opinion that Al Frankenstein is a clown that belongs on Saturday Night Live, not on the senate floor. The big bozo is causing trouble for us.

Jobless claims jump

Unemployment claims increase. This comes as a shock to the fools that believe the recession is over. FED says continued weakness in our labor market is now restraining consumer spending. REALLY, wow, people who don't have jobs can't buy things - imagine. It is time for the giggling debunkers who believe in a recovery to wake up.

McDonald's offers free Wi-Fi

Folks, I'm Mclovin it! McDonald's offers free Wi-Fi internet connections. This means many small towns will now have a high speed internet available for the poor person. Actually away from the city farmers use sat internet, but it can cost over $100/mo.

dollar falls, oil rises

There are many reasons. OK some see rising tensions with iran. Others point to looming shortages of petroleum products as well as china using more gas for cars. I focus on how our gov did crank up the printing press.

Basically the more dollars we print the less they are worth as money. That is why we need to focus on getting ready for a rapid rise in oil prices next year. The future price of oil is going way up.

Obamaville

Obamaville sign goes up. "Welcome to Obamaville" says the sign. Basically a group of homeless people are trying to get attention from politicians that say everything is fine, and that there are plenty of jobs out there when we all know the economic crisis is not over. Perhaps some in gov will finally wake up.

Economic Armageddon

Instead of an economic recovery, I see economic ruin. Senator joyce says US gov will default on its sovereign debt causing economic Armageddon soon. People, we are talking of nothing less than complete financial collapse of our society. The ramifications of economic Armageddon are many.

133 banks so far gone

This year 133 banks are gone. 2009 is the worst year since 1992 when 182 banks went bankrupt in the savings and loans crisis. The debunkers claim that everything is fine, but what we see is that more and more - banks are gone. Please remember that I warn you. Back in 2005 when gold was $400/oz I told people to get gold and this year it went over $1200/oz as I predicted, but next year I predict it can go over $1500 an ounce.

newspapers in news

108-year-old Editor & Publisher america's oldest journal covering newspapers is going away. The journal started in 1901 that was before first airplane flew in 1903 and back then there were few telephones or cars.

What we are seeing is the internet destroy papers. It is crushing copy. Expect major changes soon.

Dollar down

Dollar is down as jobless claims rise. Folks, this means trouble. Not only is this so called economy recovery jobless and creditless, but it is not even real as it is a vaporous mirage.

new career near

I would not bank on a finance career. Still, many students are going into banking. They feel our problems are only temporary. Folks, our economy is heading for high noon. These business students need to wake up soon. Well, so guess the harsh lessons of the great depression have not on them made a great impression.

Kroger posts huge loss

Kroger grocery stores had a loss of 875 million dollars, the stock is down 10%. Debunkers can claim all is fine, but also posting loses today were 3M and Monsanto. The one bright spot was McDonalds. They actually had profits increase. Well, guess those 99 cent McChickens sell well in an economic recession. Oh, that's right, we are in a recovery - silly me.

graveyard of empires

Afghanistan is a graveyard from many empires. Well, now we see an american empire. It is almost poetic justice that the old soviet union fell and we did not learn.

iran war soon?

OK americans say iran is greatest threat to US now. This could be true. After all, iran is making a big threat with uranium. The question is how will we react? Hmmm, my guess is with an iran war.

wireless electricity

Wireless electricity is here. Actually, it has been here for a long time. Tesla created the first wireless electricity with his Tesla Coil. However, we now have commercial developments in this field.

This is good, because we are running out of oil. Well, using Wireless Electricity we could have electrified highways instead of big bulky batteries. People we are going to see super high oil prices soon. According to our gov, there is no crisis. However, they are so wrong.

Slavery the new green energy

For thousands of years, humans had slaves as a source of power. Well, our modern slaves such as vacuum cleaner and washing machine are big consumers of fossil fuel energy. Perhaps in the future we go back to the primitive and make slavery the new green energy.

Walmart to pay workers 40 million

The retail giant lost a law suit. Walmart must now pay workers 40 million due to altering employee time cards to reduce pay. This company is not on my favorite list. I hate to see all the MADE IN CHINA cheap junk it brings in. That said, perhaps now it will try to give its workers fair pay.

Funny accents

Yesterday I saw a lady from russia. She was blonde and had blue eyes, but she looked russian so I ask her - are you from russia? She said - yes...

I could tell from her funny accent she was not from here. However, even before she opens her mouth it was obvious she was a foreigner. This leads me to think that if people from computer controlled world of the future were to come here and visit us. I mean if they were to time travel here, they would be seen as outsiders. OK she wore the standard blue-jean and a T-shirt, but I could still tell she was from another place.

Also, people from the future would probably have a funny accent and odd mannerisms that would label them as strange. It would be interesting to see what they would do to blend in.

How would you interact with people from the fifties if you went back to 1959? Would you memorize 50's slang words?

economy up?

US stocks are up on economic news. That said, I feel that our economy will get worse. Good jobs in the future will become scarce. People, what we face is hyperinflation and prices going up meanwhile with unemployment rising.