Saturday, October 25, 2008

Financial Predictions

A web site called hubdub makes financial predictions. The goal is to use the collective wisdom of the masses to be able to forecast future events. We hope this strategy is filled with success, but I can say that there are many potential problems, one begin that most people do not have the complete picture of what is happening.

Friday, October 24, 2008

Oil price tumbles


In spite of a cut in production by OPEC, the price of oil fell to a new low today. I wish it was due to finding a new large oil field, but the truth is that our current economic crisis means demand for petroleum products is way down.

On the plus side gasoline prices are falling daily to new lows. This is good new to poor people are they were squeezed by the high price of fuel. Still, I predict shortages of food and fuel in the future. This is but a lull in the storm.

Thursday, October 23, 2008

Trouble on the street

Wall Street is built on a house of cards and now those cards are falling down. The framework is so weak that a mild breeze could knock it DOWn, and we are seeing the main supports give way. Today's rebound of 172 points is nothing compared to yesterday's drop of 514 points. In fact, the Dow components are now falling further overseas as investors sell troubled US companies.

We should prepare ourselves to survive the next depression. It will be a long hard haul ahead as we face difficult days on our road to recovery. Set some supplies aside to weather the financial hurricane that will soon come on shore.

Wednesday, October 22, 2008

DOW dives 514 points

Market hits five year lows as analysts predict deep depression ahead. Well, now that our economy is in a tail spin the mockers claim that it was obvious. These are the same people that laughed when I predicted the fall of the banks. This ship is sinking fast.

AIG is in trouble

First AIG asks for 85 billion, then it asks for 37.9 billion, now the hand is out again for an additional 10 billion. It seems to me that all is not well, with the world's largest insurance company. As I told one and all before, the economy is crashing.

It is not just banks that are falling, insurance companies are falling. I predict that GM will go under in the future, it has lost money year after year. For example, last year it lost 39 billion, and this years sales are down from olast year, I predict that sales will be even worse in 2009 as we go deeper into depression.

The mortage meltdown led to a bank meltdown, now and insurance meltdown.

Tuesday, October 21, 2008

Yahoo to fire 1,500 profit down 64%

Wall Street is doing terrible, in fact, the market is going down. Today is was down over 200 points and it held above 9,000, but the mood is sour. Yahoo will fire 1,500 and profit is down 64%. This is important because people look at P/E pr price to earnings ratio. If profit falls the price will follow. I predict that you will see earning go down as we go deeper into a deflationary depression.

Monday, October 20, 2008

Taliban kill Christian woman

Taliban in Afganistan killed a British aid worker Gayle Williams, because she was Christian. She enjoyed helping disabled children. Two masked gunmen on a motorbike shot her dead. The news saddens me because this angel died trying to help others due to her belief in Jesus. She was accused of the crime of spreading Christianity. Many moslems claim that they tolerate Christians, but while there is a mosque in Rome, there are no churches in mecca.

Sunday, October 19, 2008

Car runs on air and magnets

A car that runs on air and magnets seems like a great future to me. It is supposed to go into production in 2010 about the same time as the Chevy Volt. GM is having a lot of problems. Maybe the air car can use the HDR electromagnet.

Saturday, October 18, 2008

Microhoo?

Steve Balmer head of Microsoft said “We offered 33 bucks not too long ago and it’s $11 today,” referring to Microsoft’s February bid of $33 a share, or $44.6 billion, which Yahoo rejected. “They probably still think it’s worth more than $33 a share.” The question I have is Why is cofounder Jerry Yang still running Yahoo? The company stock is worth 1/3 of what Microsoft was willing to pay. Stockholder should ask him to resign.

Friday, October 17, 2008

Dow in the dump

This month the dow has tumbled DOWn like a train off a cliff with the occasional bounce on the way down. We have seen terrible losses that seem right out of the Great Depression. People wonder when our stock market will hit bottom. Last Wednesday, S&P500 fell 9% in a single day our biggest percentage loss since the meltdown of 1987. Today poor economic news is making a bad situation worse.

Selling is accelerating as people dump mutual funds and buy safes to store cash. Banks are talking about imposing restrictions on cash withdrawals. Also there is talk that the government might make private ownership of gold illegal again like they did during the Great Depression. Which makes sense because analysts see a widespread global depression that may take years to exit.

Thursday, October 16, 2008

The Culprits of the Collapse

You need to know who is responsible for what will soon happen. These people MORTGAGED our future on their BANKRUPT economic ideas. Things are now out of control and we are now in big trouble with our current economic crisis.

Wednesday, October 15, 2008

Dow down 733 points

It is like watching a slow moving train wreak. Today the dow is DOWn another 733 points. As always we feel that things will get worse. Analyst are now saying "severe recession" instead of a mild one.

In other new housing sales are the worst in 30 years and will probably get worse s well. This economic crisis was predicted by me in 2005.

Predicting the future

Many people said that drive in movie theaters would all go under in the future due to home cinema and large plasma TV, but even with cheap HD LCD TV the drive in is still going strong. In fact, drive in movie theaters are going through a rebirth.

It is important to see that the future is not "common sense" or as easy to see as one would want. Many said that high fuel prices would make the drive in go under; others said that new digital IMAX screens would kill the smaller less sophisticated cinemas; however, this has not happened. Predicting the future is not as easy as it seems.

I have seen many of the new IMAX cinemas go under and people like the nostalgia of the drive in where they met their future wife. A giant 3D screen of an IMAX seems too technological and in many ways we yearn for simpler times.

Tuesday, October 14, 2008

Things are icy in Iceland

The government of Iceland nationalised the banks and makes it difficult to get foreign currency. It attempts to prevent the flight of money from the frigid nordic nation and lets us see what our future might look like. Listen

Monday, October 13, 2008

Worldm in crisis


If you think things are bad now, please remember the great depression and WWII. It could be a lot worse. Back in the 40's the US fought on two fronts. Pull together and we can survive.

Saturday, October 04, 2008

recession?

Back in 2007 I predicted that in 2008 we would have an increase in the price of oil and that this would trigger a recession - IT DID!

Because all the money went to pay for food and fuel people could not make payments on houses and foreclosures did increase causing banks to fall. This fall of banks did collapse the economy. Well, now gas is cheaper; however, the damage is done.

``We're in this self-reinforcing negative cycle,'' said Mark Zandi, chief economist at the West Chester, Pennsylvania-based Moody's Economy.com. ``It's going to be a very significant recession.''

I predict that we will see oil go back up in the future as supplies run out and people will be in worse shape in 2009 than they are now economically. Get ready, brace yourselves for impact it will be a hard landing.

Friday, October 03, 2008

Apple Stock Plunges

Apple stock plunged on rumors that Steve Jobs had a heart attack. The sick looking gaunt Jobs looks like he will go any minute now. It was reported that he was in the hospital, but Apple Computer denies the rumor. Perhaps photos of a deathly ill Steve Jobs will be on the net soon?

Wack Fargo?

WACKovia and Wells Fargo might merge. When wacovia was in trouble, a white knight by the names of citigroup came to the rescue, but later another lover appeared. This love triangle is getting messy. Wells Fargo claims it is willing to pay more for the bank.

The CEO of WACKovia wants the new deal, his name is Rob Steal, interesting name for a banker.

Thursday, October 02, 2008

CDS financial timebomb

Credit Default Swaps are a financial timebomb because they hide the risk of a loan and because they are not regulated as such. The problem is that these weapons of mass financial destruction are now destroying our economy. What we see is only the tip of the iceberg and in a few days we might face even greater challenges as the economy falls apart.

Wednesday, October 01, 2008

Myth of the Market

Many traders have a myth about the market. Here are a few other myths about money.

Money Myths
Money Myths

Tuesday, September 30, 2008

Bank Bailout?

What exactly is going on?

Sunday, September 28, 2008

Wachovia joins the list

I predicted that Wamu and Wachovia would go under, and more are on the way. Well, now we find out that two banks are bidding for Wachovia. Expect more banks to fall as things get worse.

Saturday, September 27, 2008

Trouble ahead, bank on it

The fall of the largest US savings and loan, Washington Mutual sent shivers up the spine of many a trader. The stock is almost worthless. Many people are wiped out when federal regulators seized wamu and it was later sold for $1.9 billion to JP Morgan Chase the second largest bank in the US.


To put this in perspective, you have a perfect storm with economic collapse hitting right before an election. Things can and will get scary if we do nothing.

Friday, September 26, 2008

What does the future look like?



GM is going thru a rough patch. If banks stop loaning money how will people purchase new vehicles? Look at the big picture.

Thursday, September 25, 2008

Jobless rate near seven year high

The rising rate of unemployment is blamed on Hurricane Gustav and we have the highest jobless claims in seven years. However, I believe that the real reason is that we are in economic collapse right now. The goal of the government was to pretend that all was well.

Wake up, the banks are bankrupts, the jobs are gone, and our few remaining factories are closing. And all exec do is say "gotta cut costs! Outsouurce! Downsize!" Well, if that was the solution we would be fine. No, that is the problem. Globalization did cause our crisis. All those jobs we lost by moving factories to Red China are the reason people cannot pay their mortgages. No job = no money.

Right now new home sales are at the lowest level in 17 years. We are selling less than a 1/3 the houses we sold in 2005. The economy is in free fall, as in falling off a cliff.

Wednesday, September 24, 2008

Record housing drop

Housing prices at a catastrophic drop. The record drop in August means that we are not slowly digging out, but instead going deeper. I see dark days ahead as the economy implodes.

People have lost faith in america and are liquidating their assets. The new funny money like the candy color pastel pink fifty dollar bills and the orangeback tens that look like monopoly money do not inspire confidence.

Tuesday, September 23, 2008

Situation Dire

Today financial markets are in state of total disarray. Technical analysts are predicting 2,500 gold as the dollar declines in the month to come. Tremors on Wall Street have accelerated the drop in the dollar overall while a crisis of confidence causes total global economic collapse. We see a global economic depression affecting the amerozone, eurozone, and rest of the world.

Inability of world leaders to prevent the demise of financial institutions will further undermined confidence to the extent that people will lose faith in the dollar. Trillions of dollars used for a bank bailout will cause further inflation as the fed in a move of utter desperation attempts to pump liquidity into the financial markets. As I have said before our situation is dire. Federal regulation of our financial markets can only be classified as an unmitigated disaster. The lack of fiduciary responsibility by our financial institutions has plunged us over a precipice.

Monday, September 22, 2008

Reactor Fire

Fire shuts down Cook 1 nuclear reactor. A fire at a nuclear power plant on the shores of Lake Michigan 50 miles east of Chicago cause a minor stir.

I got out my geiger counter and noticed elevated levels of background radiation. The normal click count is 5 per minute, and today it was up to 50 counts per minute, meaning that background radiation levels ten times normal.

However, in a nuclear accident like Chernobyl background levels could climb 1000X normal and become life threatening. People need to begin to prepare for the possibility that this "fire" at a nuclear power plant was not an accident.

Sunday, September 21, 2008

Bank system nears collapse

We face a crisis of record proportion and it can cause recession 2.0 to be worse than ever before if we do nothing. The writing is on the WALL STREET!

Saturday, September 20, 2008

Gold soars

The price of gold shot up $70 in one day the highest ever on market jitters over Wall Street as investors seek a safe haven. I predict that as markets enter panic mode you will see gold soar to 2,000 and many people will go for the gold. I advise people to be careful as markets are in a state of entropy right now.

Take a look at the US dollar, because I forecast inflation and devaluation of the greenback. Although we saw the dollar rise against the euro in the last few month, I predict it will be a roller coaster ride next year.






Friday, September 19, 2008

McCain against bank bailout

It may cost tax payers as much as one trillion dollars to bail out the banks in the latest estimate. McCain is against the bank bailout which helps billionaire bankers while not giving a penny to the poor.

The rich must love the bank bailout. They made money from the bad loans and now the stuggling american worker must bail them out when chickens come home to roost.

Thursday, September 18, 2008

Oil back up

Traders say that refineries affected by Hurricane Ike are still not back. Therefore the price of crude oil is up today on fears of a shortage. The US lost about 20% of its production and 97% of gulf rigs are still not producing. Flooding was more extensive than initially thought.

Wednesday, September 17, 2008

FDIC in trouble

Your money is insure by FDIC right? Well, maybe you should know that the federal bank insurance fund dwindling and bank deposit safety is in doubt.

I predict dark days ahead for the whole world. Well, some people say this is related to the new amero currency, plus the merger of america & mexico into a NAU or north american union.

Tuesday, September 16, 2008

AIG to get loan

World's largest insurance company AIG will get a bridge loan of 85 billion from gov to help it survive. The situation is worse every day as Wall Street tries to digest even more bad news. Mortgage meltdown is now affecting insurance companies and threatens to take down the whole financial macroeconomic infrastructure with people's money on the line. Already the FDIC is having to borrow money from the treasury.

Monday, September 15, 2008

Caution, Falling STOCKS

Today is a sad day on Wall Street. Merrill Lynch was bought by Bank of America, Lehman bros went bankrupt, and AIG is in trouble. Things are getting worse. I predict that we are entering a deepening depression.

When you see the giants are falling it does not take a genius to see that the economy is falling apart. Expect shortages of food & fuel in the future as all systems break down.

Sunday, September 14, 2008

Ebay in trouble will cut 1500

Ebay is in trouble and they will cut 10% of their 15,000 workforce and lay off 1,500 workers. The cut in jobs is because people are leaving Ebay after they made changes. It is now more difficult for sellers to use the service and buyer will soon be forced to use paypal.

Saturday, September 13, 2008

Social Networking Nightmare

The danger of social networking is that your information could be used by a stalker. Many people who are not well have access to the internet. They often will search the social networking sites looking for victims. It is important to not post personal information.

Friday, September 12, 2008

Toyota has new Prius

Toyota has a new lithium plug in hybrid Prius that goes on sale in 2010. This is great news because lithium is light weight and has a powerful energy density. It could make electric cars a reality in the near future.

Thursday, September 11, 2008

Big Banks Fall

Right after the government take over of Fannie Mae and Freddie Mac, I said that the worst is still to come. Well, now we see that Lehaman Brothers, the forth largest investment bank lost nearly four billion and may soon close its doors. People may start to panic when the government runs out of money to bail out the banks. Expect trouble.

Wednesday, September 10, 2008

LHC online

The Large Hardron Collider is up and running. All is fine in swiss. Well, some now say that it could create a tiny black hole. John Titor predicted that the LHC would form tiny black holes back in 2000.

Tuesday, September 09, 2008

Banks in trouble

It was another bad bad day for Wall Street. Lehman bros, the forth largest investment bank was not aquired by the Korean Development Company so the stock has fallen 87%. I predicted that banks would start to fall. The debnkers laughed, even when Fannie Mae and Freddie Mac went under they did not wake up.

Now the problem is spilling out of the banking arena. AIG, American Insurance Group, the largest insurer in the world fell 16% today due to martgage exposure. The situation is getting worse.

I predict that the same debunkers that laughed when I predicted back in 2005 the fall of realestate and later banks will soon say "That was obvious!"

Monday, September 08, 2008

Ike headed for Texas

I don't like Ike. He is a bad one. Right now massive hurricane Ike is headed for Texas. Expect it to get stronger as it goes over warm water. This may cause oil prices to rise.

Sunday, September 07, 2008

Google turns ten

I still remember a day a long time ago when I was told about Google. Back then I used Yahoo for search, but Google was different somehow. It brought back a lot more pages, and they were different pages than the ones on Yahoo.

It did not take long before most of my searches were on Google. Yahoo went downhill, they closed down their auction site because they could not compete with Ebay, they closed down there payment system because the could not compete with paypal. Google on the other hand expanded. They now have Google Checkout.

Well, Google is now ten years old.

Saturday, September 06, 2008

I don't like Ike

He is a monster hurricane, category 4 and getting stronger. Is projected to smash into Cuba with winds over 150 mph. Currently the winds are 135 mph and the path is WSW moving at about twelve miles per hour. I hope for the best, but this is a mean one.

Friday, September 05, 2008

Record Job Loss

Unemployment is at a five year high as firms cut jobs. The scoffers claim we are not in a recession. Well, it sure feels like one.

I predict that things will get worse. The housing industry has not hit bottom yet and neither has the stock market. Get ready to see some major declines in the price of large cap companies.

Thursday, September 04, 2008

Global warming causes stronger hurricanes

Scientists say that rising ocean temperatures are causing more hurricanes to form. And that these hurricanes are more powerful than before. The effects of climate change are now being felt as we see a boatload of hurricanes heading for the coast. Expect things to get worse as the ocean gets hotter.

I predict that in the future we will see hypercanes hit the coast.

Wednesday, September 03, 2008

Picasa face recognition software

The future is here with Picasa version three face recognition software that lets you quickly label all your photos. It can recognize faces, detect who is in a photograph, and label them for you all in a jiffy. This technology is interesting as I have worked with AI neural networks used to find faces.

Tuesday, September 02, 2008

Illegals using tunnels

Giant underground tunnel from mexico to america is found. Perhaps this explains why we cannot stop the millions of illegals that are flooding into the US. I expect that a government that is so hung up on security would do something.

Sunday, August 31, 2008

Oil rises on fear

Fear of Gustav doing damage sent oil going up. The price is rapidly rising as 98% of the production of gulf crude oil is shut down. This is having an impact on the world economy. I predict that stocks will open lower.

Gustav coming on shore

Well, our first outer feeder bands of Hurricane Gustav are quickly moving over New Orleans. Hopefully, the Levees will hold. Latest reports say the storm surge is less than expected. The Florida Panhadle and Texas got lucky this time, but the storm will hit Louisiana head on.

Saturday, August 30, 2008

Hurricane to hit Gulf

Hurricane Gustaf will soon hit the gulf like a monster. Expect trouble with a big "T".

Friday, August 29, 2008

McCain Picks Palin

NcCain stole the show with Palin. She is a new leader who fight corruption and have five children, one of who is in Iraq. With an approval rating of ninety percent a true trooper.

Thursday, August 28, 2008

Who will McCain pick?

The choice of VP could make sway our election, but who will he select for vice?

Wednesday, August 27, 2008

Housing crisis from bad to worse

The FDIC is now force to borrow from the treasury due to bank failures. Construction is at the lowest level in 17 years and the recession goes deeper. It truly is turning into a major disaster.

For the latest news from HDRKID go to the page HDRnews.

Tuesday, August 26, 2008

Microsoft adds privacy mode to Internet Explorer 8

In the latest news microsoft adds private mode to ie8 so that it clear out your history. This because many people fear that other might snoop on them. I can imagine that certain site may not be too nice.

Monday, August 25, 2008

How to create a wind turbine

This video explain how to build your own simple wind turbine. This energy could power the future and make the world tomorrow a better greener place. The parts are easy to obtain and assemble.

Sunday, August 24, 2008

Electrogravitics research by Bob Lazar

Bob Lazar talks about some new projects that are working on cutting edge technology. This deals with electrogravitics an extension of Project Galileo. Most of this technology was developed in the 1980's, but never commercialized. Perhaps, an attempt to make this technology available to the masses will be attempted now.

The initial research Dr. Townsend Brown dealt with high voltage used to neutralize gravity. Most of this research is now very hush. There is some work on lifters that people know about, but using this technology would make air transport much faster and economical.

Friday, August 22, 2008

Radiation used to treat food

Irradiated lettuce will be allowed on your grocery store shelf. FDA says Ok to use radiation.
This is bad news. I did warn people that this might happen in the future.

Food is altered by radiation and rendered into a toxic product. Do not eat radiated food as it is not safe. We know so little, remember when they said DDT was safe?

Wednesday, August 20, 2008

Student makes windmill out of rubbish

They say Don Quixote was tilting at windmills, but a student inventor has created a wind turbine out of scrap metal. He says he can build this device in less than a day for about twenty pounds. This is great news for poor countries as they can now join in the green revolution.

Tuesday, August 19, 2008

Electric cars will roll

Shai Agassi has a plan to put electric cars on the road. He wants to create a network of charging stations much like the cellular telephone network we have now, except it will be for charging up the electric cars.

The plan is max ambitious, but so is Shai. He used to be head of product development at SAP, but quit to create a network for electric cars. He believes that wind power could supply the electricity to make this dream a reality. The road ahead is bright indeed.

Monday, August 18, 2008

HDRusers social network

HDRKID has create a the brand new HDRusers social network for users of Steven Gibbs HDR. Hope you will join the new exciting group so we can all talk about the HDR. Things are really shaping up with the purchase of a brand new HDR and an HD video camera. This year is going to be very exciting with the new unit that I just got. HDRKID plans to do more radionics experiments with Steven Gibbs HDR.

Rat brain powers robot

The disembodied brain in a jar is one of the staples of science fiction. Well, now it is real. An actual robot is able to navigate its course using a mass of rat brain cells connected to electronics.

Sunday, August 17, 2008

Saturday, August 16, 2008

Warp Drive?

Scientist say that Star Trek's warp drive is physically possible. It is hard to imagine how you move by folding space but that is what a warp drive does. In fact, you do not really move, but space moves around your ship and you simple stay put while the area around you is folding up.

Friday, August 15, 2008

Is our ocean turning into a dead zone?

The mighty ocean seems so vast that nothing could destroy it and yet pollution is causing the appearance of numerous oceanic deserts where there is no life. A dead zone the size of mass near Texas is now twice as big as twenty years ago. However, the people is world wide, in the Baltic sea fish are dying due to lack of oxygen. People see that the sea is dying.

Pollution is the problem. The amount of nitrogen runoff did increase and now we face algae blooms that cause mats of green scum to sink to the bottom, rot and consume our oxygen. In the pacific ocean there is so much trash that the pacific gyre is called an oceanfill. That is a landfill, not on land but in the ocean itself.

Thursday, August 14, 2008

Physicists are spooked FTL information transfer

An experiment in swiss proved that faster than light transfer of information is possible. This means that very nature of our reality may be different than we think. Quantum weirdness spooks physicists that study particles. The very laws of the universe seems to break down when we study the very small or the very large.

Tuesday, August 12, 2008

Chinese Olympics Fraud

Bring back Milli Vanilli because they could star in the Chinese Olympics. The little girl was lip synching to a song. It was a fake!

Monday, August 11, 2008

Big Bank in trouble

One of the largest US banks, Wachovia just lost 9.11 billion dollars and annouced 600 more job cuts. They are in trouble because of the mortgage meltdown. People cannot pay their bills and Wachovia is stuck. The bank may be force to raise additional capital to meet federal requirements.

Sunday, August 10, 2008

Banks in trouble

The drop in oil prices did cause the stock market to rally, but there is a black cloud on the horizon. The war in georgia could threaten vital oil supplies from the caspian sea, and it could spread to other areas. Expect gold prices to rise as people panic.

Much like in the 1930's a financial collapse of banks could trigger a world wide depression that would destroy the DOW and close most buisinesses. Get ready to DOWsize your market portfolio.

Saturday, August 09, 2008

russian invasion of georgia

A sad day today as the angry russian bear attacks the small country of georgia. Today we hear that russia refused a ceasefire plea by the UN and georgia. As we speak the war is ongoing and thousands of civilians are dead. I fear these wars will widen and become global in nature.

Thursday, August 07, 2008

How to save $30,000 - make the world a better place

Learn to drive a stick shift car. You improve fuel efficiency by about 4 mpg as well as save money because:

1) Manual transmission cars cost less to buy.
2) Stick shift breaks less and costs less to repair.
3) Your breaks wear out less quickly.
4) Less heavy so less damage to roads.
5) Easy to sell in today's energy dependent world.

Wednesday, August 06, 2008

Ten energy efficient euro cars you cannot buy in america

There are many models of cars that are not sold in america like the 50 mpg ford fiesta that is small but sporty. These euro cars that are mpg friendly cannot be sold in america for many different reasons. It is wise to see what other countries have. Europe has been on a small car mindset for time now, and they understand how to make small cars.

Tuesday, August 05, 2008

BREAKING iran threatens to close persian gulf

Today the People's Islamic Republic of Iran gave threat to close the Persian Gulf to oil tankers. This could send the price of petroleum products soaring as most of the Saudi oil goes through the Straights of Hormus. This is a most unfortunate development as it will cause much hardship.

Here is hoping that cooler heads will prevail and this issue can be resolved in a diplomatic fashion. Perhaps we should begin to stockpile supplies now.

Monday, August 04, 2008

Life on Mars?

The whole internet is abuzz with speculation about what the Martian Phoenix probe found. Some say that the cyberspace buzz about Mars life is all hype and no hope. Still, I feel that finding life on Mars would be an "earth" changing event. Think about it, even if all they find is a bacteria it would be the first alien life form.

Sunday, August 03, 2008

Are Electric cars the answer?

Electric cars and solar electricity can help us become free. Right now we depend on unstable regimes in the middle east for our oil. Countries like iran that hate the US are getting our money, but with electric cars and solar we can change the future.

A Tiny Solution to High Gas Prices
A Tiny Solution to High Gas Prices

Friday, August 01, 2008

Walmart worries about Obama win

The retail giant Walmart worries that Obama will win in Nov and help sign a pro union bill to help workers. The problem is that Walmart is now trying to make few workers do the job and forces people to slave for hours.

I predict that as the recession gets worse we will see more strikes and disruption much like we saw in the Great Depression of the 1930s and this will cause trouble. Prepare for the hard times of the future.

Thursday, July 31, 2008

Electric Fiat microvette

The new Fiat electric car has a range of 70 miles and a top speed of 60mph. This more than adequate for most people and should be in the showroom soon. Hope real soon, since gasoline will go up a lot in 2009.

Wednesday, July 30, 2008

Gas prices come down


Thankfully, gasoline prices have dropped below $4/gallon and the stock market began the process of recovery. While this is good news, we need alternate sources of energy. I feel that wind, solar, and geothermal have much to offer.

In other news, housing prices are still dropping. Houses have dropped in value more than expected. The drop in may was the biggest ever with 20 city index down 16.8% FOR THE MONTH OF MAY and in miami the price of a home fell 28.3%!

Tuesday, July 29, 2008

The Jetpack is here!

Well, boys and girls we have made science fiction real. The jetpack, an iconic figure of a futuristic tomorrow has become part of our world. Inventor Glen Martin will start making them available this year.

Monday, July 28, 2008

Wind power in Texas

The great state of Texas known for its oil wells is now moving into the science of wind energy. The switch from oil wells to wind turbines is what will soon power american if the Pickens Plan is enacted.

In order to reduce carbon from coal plants, wind power will be used. Electric cars will then use the power to replace gasoline. It sounds like a great idea.

Sunday, July 27, 2008

New Search Engine

A new search engine cuil will compete with giant Google. This new search will not use pagerank, but instead a new method to find important pages. It uses images to help you find what you are looking for.

Saturday, July 26, 2008

Good news for a change

Where I live the price of gasoline has finally dropped down below $4/gallon nd should hit $3.75 soon. I saw that average gasoline price for the US today was $3.96/gallon. Fiannly we are getting some relief from the high prices.

I predicted that politician would try to keep gasoline prices under $4/gallon this year due to the elections, but come next year expect things to get real bad as a decline in the dollar could boost gas prices above $5/gal in event of trouble.

The Saudis are running out of spare capacity and 200 dollar a barrel crude is just around the corner. Peak oil is not a hoax, this is but a small calm before the storm. Stock up on food & fuel.

Friday, July 25, 2008

Foreclosures rise 120%

Mortage meltdown is still on going with banks in trouble. Foreclosure figures up again as rates have risen 120% and things are getting worse as the engine of the economy slows down. Not only are more houses for sales, but the number of qualified buyers is dropping as banks tighten lending. This perfect storm is going to rip apart the markets.

Last year a realtor told me that he had for sale hundreds of lots, this year thousands of lots, but no real buyers because people are not building new homes. The only buyers are speculators who are betting that property prices will rebound. Well, that may be a long way off.

Wednesday, July 23, 2008

GM sales drop

The Detroit Giant is in trouble. GM sales fell 5% from last year. It was last year the GM lost 39 billion dollars, its biggest loss ever. Things are going from bad to worse. The automotive industry is bleeding red in as all the big three General Motors, Ford and Chrysler are losing market share to Japan and have trouble selling pickup trucks and SUVs.

The sales of small cars and hybrids have been brisk and Toyota says that Pruis will now be manufactured in the US using an idle truck plant.

Tuesday, July 22, 2008

Will the Pickens Plan work?

Yes, it seems hard, but we can switch from to wind power. The Pickens Plan will make it possible to create new sources of energy that do not cause pollution. I favor using wind, solar, hydro, and geothermal to produce power.

Monday, July 21, 2008

amex in trouble

American Express is experiencing financial difficulty as the economy gets worse. The company has been hit hard by the increase in defaults and rising inflation will eat into profits. Amex had earlier outsourced much of its workforce but a declining dollar is now damaging the company.

Since bills are payable in dollars and the dollar is dropping in value they are getting less money. Also, the company is seeing more people losing jobs and homes as the economy gets worse.

Saturday, July 19, 2008

Guru of low tech

An MIT prof is guru of low tech and wants to save the world with his inventions. This is great as most inventions are by big firms that want to outsource, downsize, and offshore work to low wage counties. These MIT inventions are built to help low wage people around the world.

Thursday, July 17, 2008

Banks in trouble

JP Morgan Chase profits dropped 53% AND things are getting worse for the financial sector. Taking over Bear Sterns is a drag on Chase, but the number of loan defaults is up due to a poor economy.

Not sure of when we turn the corner, but right now there is talk of the recession becoming worse and as more banks are in trouble the government might not have enough money to bail them all out. The fed had to rescue Fannie Mae and Freddie Mac. It seems that we are going deeping down into a depression.

Wednesday, July 16, 2008

new HDR from inventor Steven Gibbs

Steven Gibbs latest new 2009 model HDR is just out. It is basically an electromagnet that creates a pulsed high energy magnet field.

This device can be used in your car when you power it using a power inverter connected to the 12 volt cigarette lighter near your dashboard. This means you are now free of the electrical outlet and can take the HDR with you where ever you go.

Monday, July 14, 2008

fluxcap

Here is a web site (FluxCap.com) with instructions on how to build John Bajak's flux capacitor. Most of the components you can get at Radio Shack. It costs about twenty dollars to build and takes about twenty minutes. Have fun...

Sunday, July 13, 2008

Mortgage lenders in trouble

The gov did step in today to rescue fannie mae and freddie mac. This means that things are far worse than we imagined. In fact, they may be so bad that we could see a deep recession.

Saturday, July 12, 2008

Saga of John Titor



John Titor claimed to be a time traveller from the year 2036 using a GE C204 time machine. He posted as TT_0 on the website time travel institute. Overall we recieved a warning of WWIII in 2015.

Thursday, July 10, 2008

High Diesel - the truck stops here

High price of diesel fuel means many truckers are out of business. Personally, I know of an operator of a concrete truck who was laid off due to a combination of high fuel prices and slow construction. The real estate market is bad and few houses are being built.

I tell you, the recessio is real, people are losing their jobs, homes, and ever marriages due to the poor eonomic conditions. If truckers go under who will take food to the grocery store?

Femisapien

Femisapien AKA ema the kissing robot invented by wowie and distributed by Sega Games is a new entrant in the field of AI. The artificial intelligence android can sing, dance, and even give robot kisses. Many new robots are in the pipeline. In the future we see more androids than nw that look almost human.

Wednesday, July 09, 2008

Racist mexican comic book?

Here is an interesting turn. Well, americans accusing their brothers south of the border of having a racist comic book. The comic book character "menim" which is popular in mexico made some inner city folk like Rev Al Sharpton mad. Is mexican comic book character menim racist?

Perhaps we should ask mexicans what they feel, instead of imposing US ideas on other cultures.

Tuesday, July 08, 2008

Well, is omnia the Iphone killer?

OK omnia is good, the camera is max plus.

Monday, July 07, 2008

Mystery of Time

Part of the mystery of time and the multiverse is entropy. In fact, why do things go from high order to disorder? Is our universe we live in part of a greater bigger system that we are not aware of?

Perhaps there questions will soon get an answer, but I believe that time particles or chronotrons are what drive the arrow of time. This can be what we are searching for. The mystery or time is that we do not understand it.

Sunday, July 06, 2008

Armchair ballonist floats to Idaho

It was a 235 mile flight from Bend, Oregon to Cambridge, Idaho for balloon chair dreamer Kent Couch. His dream is now a reality. I feel more people will tie party ballons to lawn chairs and float off into the distance.

His website is
http://www.couchballoons.com

Friday, July 04, 2008

Depression Ahead?

Mounting job losses for the last six months and our economic crisis will cause unemployement rate to break six percent soon. However, real unemployement is closer to twelve percent. A recent survey showed 11% of respondents were without work.

Part of the problem is rising fuel costs. The cost of heating a home in Boston is now over $4,000.00 per year and things are getting worse as oil prices rise to record highs. This leaves little money for food which is getting more expensive due to rising fuel costs as well as the floods which destroyed 20% of the corn crop. Add to this transportation is affected by oil hitting record highs over $140/b and some say it will go over 200 before th year is out.

I believe we will see a depression or even a megapression.

Thursday, July 03, 2008

GM Bankrupt?

Shares of General Motors are at their lowest level in 54 years. There is talk of GM bankruptcy in the next few months. Sales have plunged for Pick up trucks and SUV trucks. Last year GM lost 39 billion dollars.

The reason for the poor sales is high oil prices. Today the price of oil shot above $146/b and it ism making people think twice about buying dib gas guzzlers. I predicted that the SUV would rust on the car lot.