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.
Thursday, December 31, 2009
Wednesday, December 30, 2009
Tuesday, December 29, 2009
Posted by HDRKID at 6:15:00 AM
Monday, December 28, 2009
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.
Sunday, December 27, 2009
Saturday, December 26, 2009
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.
Posted by HDRKID at 5:29:00 AM
Friday, December 25, 2009
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.
Posted by HDRKID at 5:49:00 AM
Thursday, December 24, 2009
Wednesday, December 23, 2009
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.
Posted by HDRKID at 9:25:00 AM
Tuesday, December 22, 2009
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.
Posted by HDRKID at 7:33:00 AM
Monday, December 21, 2009
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.
Posted by HDRKID at 6:01:00 AM
Sunday, December 20, 2009
Saturday, December 19, 2009
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.
Posted by HDRKID at 5:51:00 AM
Friday, December 18, 2009
Thursday, December 17, 2009
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.
Posted by HDRKID at 6:56:00 AM
Wednesday, December 16, 2009
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.
Posted by HDRKID at 6:34:00 AM
Tuesday, December 15, 2009
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.
Monday, December 14, 2009
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.
Sunday, December 13, 2009
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.
Saturday, December 12, 2009
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.
Posted by HDRKID at 10:51:00 AM
Friday, December 11, 2009
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.
Posted by HDRKID at 7:04:00 AM
Thursday, December 10, 2009
Wednesday, December 09, 2009
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.
Tuesday, December 08, 2009
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.
Monday, December 07, 2009
Sunday, December 06, 2009
Saturday, December 05, 2009
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.
Friday, December 04, 2009
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.
Thursday, December 03, 2009
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.
Posted by HDRKID at 5:42:00 AM
Wednesday, December 02, 2009
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?
Posted by HDRKID at 9:41:00 AM