True open office is a very open software, but word is not. It uses special formatting that gets lost in translation. This is a way microsoft wants to dominate the office software market. By making their software not work well with others they hold on to their monopoly for a few years more.
In the future I predict that open source will rule. The max expensive super buggy programs we have now, will be but a pain sore memory.
Yahoo was accuse of allowing unregistered illegal online pharmacies to operate using its advertising network. They ignore strict laws and allow people to buy "see alice" over the internet. Charges could include felony computer crime due to seriousness of what is taking place.
In a sign that there is no recovery, an increase in jobless claim causes crude oil futures to fall. Those who thought that all was well can relax, because we are using less oil due to an increase in unemployment. As people lose their jobs they consume less gasoline meaning a drop in net oil consumption.
Future may well remember that John Deere sales are down 29%. How can it be? People need food, and tractors are necessary to till the soil. That said, I see that our global economy is in a downward spiral. Folks, even now Deere, the world’s biggest manufacturer of agricultural equipment, which is needed to produce food. They say this year 2009 Deere had its largest single year decline in their entire history.
UK film board bans Japanese movie. These censors do claim the movie is too graphic. It is so intense the movie can damage viewers. Well, I believe that what we are seeing is censors in action. Police states always have excuses. It is now that some pools in England have burkinis and have made the bikini illegal. Where are we going?
HP a major component of the dow fell 19% today due to weak sales. I warn people to get out soon. Things are going to take a sharp turn for the worse.
What we are seeing is a global panic. Stock markets around the world are in free fall as news comes out that there is no recovery. Folks, banksters are liars. Heck, they can't even stop a hacker from stealing 130 million credit cards. Where is all that TARP money?
Lowe's stock drops 10.3% as news comes out that housing numbers are horrible. The only thing a debunker can do is giggle and say "everything is fine".
These are top ten highest paid exec. Funny how it is OK to make 100 million per year when your job is to sit in a corner office. However, workers get cuts and DOWNsizing and OUTsourcing. OK now we are DOWN & OUT!
OK one of many predictions John Titor made was the lack of clean water in our future. People, we will hit peak water soon. Peak oil was hit in 2005 and last year we were paying 147 per barrel. I know it is about half now, but I predict that we will see 8 dollar a gallon gasoline in the next decade. There is a scooter in your future.
Getting back to water, there is now a shortage of water and power in India. True, we can blame global warming, but I blame lack of vision. I blame lack of planning. Peak water is near.
Folks, we are being sold down the river. True unemployment is at 16.3% and near 20% just like the great depression. I expect that today's new figures are going to shock few. The reason is that most of us know that things are bad and getting to be far worse.
This case shows US is a police state much like nazi germany. A blogger critical of police was arrested today. Her crime appears to be mentioning the name of a police officer who she claim was a thug. I guess freedom of speech is dead.
Folks this is serious, they are going after bloggers now. Like all police states, they talk about national security. These gestapo tactics are common in repressive regimes.
People in resource rich Africa see China as an aggressor. Xenophobia against Chinese is on rise in Africa. OK some say that the reason is treatment of muslims in China. Others point to high unemployment cause by a global financial collapse. Truth is there are many reasons, but I have found that most Chinese people I know hate Africans and refer to them in less than complimentary terms. This could be a factor.
Why are we counting illegal aliens for voting purposes? California may get nine more seats in congress. People, our 2010 census is unconstitutional. This is an attack at the heart of our democracy. Basically, we are allowing criminals to skew the power of voters. Folks our census should not count criminals.
People on fixed incomes will lose their houses. There will be shortages of many products. Obama says "Things will get worse before they get better." I agree as in a lot worse. However, some say that the stock market is going up. Well, look at things this way. It never goes down or up in a straight line. The rally is artificial. It cannot hold up.
I predict more inflation in the future as well as more unemployment. This mirrors what Ron Paul said, an inflationary depression. Lots of green pieces of paper, but few jobs.
OK no more nice guy. Rupert Murdoch will charge money for internet content. His sad little empire will soon be in the ash can of change. Expect that as our recession worsens, few if any will spend cold cash on paper. Why are people going to pay money for something they now receive for free?
Hey, congressman William Jefferson used to have money in his freezer. He likes storing the green. It seems he will now do a little time.
I remember telling Steven Gibbs that I did not see any Radio Shacks in the future. This is a problem because he uses parts from RS to build his own HDR units. Well, it seems that a name change in branding is afoot. Good old Radio Shack will simply rebrand as the shack.
Not every sleepy little town electronics shop has to stock common component parts for your HDR, but we could always depend on Radio Shack, err THE SHACK...
I predict that planet earth will be Majority Muslim in this century. Already, we see many countries that were once Christian have growing Muslim populations. For example, in russia there will be a Muslim majority by midcentury. The Christian Orthodox church is now in demographic decline because their members have less than two children per couple (1.3) versus Muslims have about 8 children per couple. I predict that russia will soon become a sharia law Muslim run nation.
Google is fighting the combined colossus of microsoft and yahoo. Who will survive now? Well, back in 2000 John Titor said that in 2036 neither of the two giants are around. Therefore so guess is Google that wins this one.
Here are twenty predictions of pending future technologies that people are waiting for. OK some such as the flying car and jetpack exist, but are too expensive. AND, as for the anwer machine, you can say our internet and google are close. There is a misnomer. Article say no time travel machine, so guess they never heard of a Steven Gibbs HDR.
Racist cop calls black Harvard professor a banana eating jungle monkey. This shows us that we have a long road ahead of us in creating a nation where all people are treated equal.
Olympus has a super macro mode in their new camera. I got one so plan to take close up photos of my HDR. These will be large and in sharp detail. Hope for all the best.
Customers are cutting the cord on phone service as our severe economic recession worsens. Sprint says loss unexpectedly widened as more customers drop cellular service. Well, for me it is all too clear what is now taking place. This denial of our financial hurricane is at the heart of what we see.
I predict that more firms will report losses in the future as things continue to spiral ever downward. People, we are far from the floor, but we we hit it will be horrible and then some.
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DOW is way over value now, but the false rally could continue for a time. However, we could see a massive down after people wake up to reality things will get ugly.
The false rally of April 1930, was I feel similar to what is taking place now. Expect DOW to go down and the T-bonds to go down. Inflation adjusted the dow will crash bad in the next decade.
Wifi is taking off as many americans are going wireless internet. Why is this important. Well, as people abandon dial up, many modem manufacturers will go out of business. Also, there is no wifi in rural areas were people still have 56k modems. This means new websites will be too 'heavy' for modem use. Perhaps farmers will use satellite internet as people move away from slow dial up lines and hit the express lane on the information super highway.
Already the H1N1 virus has killed over 700 people. This means that the mexican swine flu has proved so far for humans more deadly than the dreaded bird flu. Neither virus has done a disappearing act, but instead both are active and continue to spread. A truly scary nightmare scenario would be for a hybrid of both to start moving across our globe.
Truly, we live in interesting times. Today I read that a nun was caught speeding 112mph to be at popes side. NUNsense you say, but the story is true. This world is so strange that stories that seem to be from "onion" are often quite real, whereas we often believe many things we are taught that are not true.
In real life when you set out to do something often there are many obstacles and problems to overcome. In fact, you can make a mistake and have to redo things. The challenge is to understand that real is often ridiculous - like a muslim name osama becoming president. Real does not make sense and seems like - NUNsense.
There is one prediction that does trouble. When remote viewing the future, there are many cities that are empty. They look like an empty abandoned ghost town of the old wild west. How this process takes place is still a mystery. A constant theme is that there is no people and no power. This might be part of a dark city scenario.
Microsoft and Yahoo are teaming up on search ads to confront Google. Well, guess I can let the cat now out of the black bag. There must be a winner and a loser. Both Microsoft and Yahoo have been losing market share for many years. OK people, we don't need to use a time machine to see what happens. According to John Titor neither Microsoft or Yahoo exist in 2036. Both are gone.
After a long hard night California legislators failed to hit a new Budget Deal to close the gap in 26 billion deficit. I hope the matter can be resolved, but as we sink ever downward into quicksand more states are in trouble. Expect the debunkers to claim all is well.
Those that say banking is boring will be singing a different tune when there is no money to buy food. I have said this before, but will repeat it again. The future is not economic recovery, but rather, economic ruin. In fact, job recruiters say that they have never ever seen things this bad. How true, they were not alive during the great depression. Things will get worse.
In what seems so prophetic, today Obama's teleprompter came crashing down.
Obama without a teleprompter is like a dragon without fire. I hope he invests in a good memory. He seems so lost without someone telling him what to do. Perhaps some ol skool cue cards are in order.
Kim Jong Il has pancreatic cancer, The prognosis is never favourable in these cases. Kim is looking almost as thin and frail as Steve Jobs. Perhaps a future cancer cure will may him well, but things look very grim.
His son will soon become North Korea's next dictator. This could provide an opportunity to the world. All hope that this story will have a less tragic ending.
It is high time we look into some of the most disgraceful policies of our time. These are the direct violation of geneva convention as pertaining to water boarding and other torture. AG Eric Holder will now look into CIA torture policy.
That mysterious Easter Island known as Rapa Nui or Pascua is the source of many a mystery. However scientists found a fountain of youth chemical on Easter Island. This chemical can supposedly extend people's lives a decade. Good news if true.
Folks, this year XDR TB will probably kill more people than swine flu. Tuberculosis kills over one million people each year, it is up there with malaria. XDR means x-treme drug resistant. OK, many new supergerms are out there that are resistant to antibiotics. This is a problem in the near future.
The jobless rate is rising. Unemployment soars on 9.5% and soon it will go over 10%. Get the feel of it as more and more firms shut down. Instead of an economy recovery, I am predicting economic ruin.
North Korea fired two more missiles today in an act of defiance of international law. People, this can only get worse as things unravel across the globe. What we are seeing is just the tip of the iceberg.
BP means back to petroleum. The head of alternate energy stepped down. BP is cutting back on green energy. I believe that in 2050 cars will still use gasoline, although they may be smaller.
Sadly, a nine year old girl died today of swine flu. She could be the poster child for this dreaded disease. A sickness that will soon have taken thousands. The disease is spreading and infecting many. The H1N1 virus is resistant to tamiflu and other antiviral agents. People, we are in a world of hurt. This pretend all is fine approach is causing many to die.
Right now, over one million people in US have mexican swine flu H1N1 virus. I suggest leaving shoes outside the house and avoiding crowded stores, like Wal-mart. Shop at small home locally own shops where you see few people. The produce may cost more, but your health is important. Stay away from a megamall that has lots of people in it.
Shoes can track in viruses. Keep shoes outside the house and have plastic washable house shoes, like crocs. These you can wash with chlorine to remove viruses.
OK, we know money don't grow on trees. People ask - where are the jobs? OK so we are in a recovery, RIGHT? Actually, no, the so called economic recession is turning into a very grim depression.
Skeptics that claim all is fine are liars. Things are bad and getting worse. Trust me on this, if things were getting better sales would increase. Talk to small biz and they tell you that sales are falling and that it is getting harder to pay employees. This means they have to let go of more people.
The number of mexican swine flu cases is at a record high this week. Skeptics act like all is fine, but more and more people are getting it. This flu is a lot stronger than previous strains.
I predict that the H1N1 virus will become more far more virulent or also develop strong resistance for many antiviral medicines we now use.
The financial problems are truly global. OK, even though the fall started in US due to sub prime mortgage meltdown, in europe things are worse now. In england there is no recovery.
Sadly, many of new jobs created will not last through this down turn. Things are slowing down as economic crisis worsens.
Jobless rates will soon go over 10%. This means we are still sliding; yes ever in a downward direction.
As we suffer some of the loftiest jobless rates in over 30 years, the severe mortgage meltdown is not over. Banks are still not lending money. They are in fact suffering from a declining real estate market. Until this market turns around we can see more pain.
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The wet winter has turn into a soggy summer. Farmers still cannot plant corn. In fact, one of the few things we still produce is corn. If we fail to produce grain a world wide shortage of food could occur with sky high prices and even more woe.
California unemployment rate is 11.5% highest ever, Florida jobless percentage is 10.2% highest in 34 years, but debunkers claim that everything is fine. In fact, one debunker told me he lives in California. Well, I guess he is unaware that his state is near bankrupt.
OK many people are trading their white collar jobs for blue. I have already seen it, computer programmers becoming truck drivers, MBA getting work as building inspector, R&D design engineers fixing airplanes, the list goes on.
The reason, is very simple; many of those high paying high technology jobs of tomorrow are so yesterday. With OUTsourcing many high skill high wage workers are OUT of a job. It is a lot cheaper to hire a web designer in India for $3000/yr than in US for $30,000/year.
Things are so bad that I saw an engineer from Pakistan working inside a convenience store; he told me that he did not come to america to starve.
In what can only be tasked as obvious, we see a decline in the dollar. As I stated before, printing green pieces of paper in massive quantities is not a good idea. Drop in the dollar again, vs euro means that US economy is in trouble. People are moving out of dollar into commodities such as oil, into gold, and yes, into euros. OK so some debunkers said that people would go into stocks, but today the DOWN Jones Industrial Average was DOW again!
OK so some say crude oil rise means economic recovery. I believe that a better idea is that this is cause by the current crisis in iran. Rightly so, because when oil shot up to $147 last year it was not a sign of a good economy, but rather one of speculators looking for a place to dump dollars.
Times are tough, instead of an economic recovery, what we see is more turmoil. Reports that myspace lays off over 400 workers should help wake you up - from the mirage of a false recovery.
This talk of "recession is over" is wrong. In fact what is taking place is that we are sinking ever deeper into the mire.
Firms need to adjust to a new reality; one where there is a lot less money. This reminds me of people in the great depression would always say "prosperity is just around the corner."
US industrial production in factories hits a new record low. This should surprise no one as it seems every day execs shut down a US factory and move it to China. This is what globalism looks like. All that DOWNsizing and OUTsourcing - now we are DOWN & OUT!
Executive say "we gotta cut costs", OK so why are they making so much money? People in corner offices who sit in big chairs produce nothing but hot air. They are not creators of wealth, but rather destroyers.
While the rest of the world is in a state of economic crisis, in China there is a car sales boom. People are buying new cars at a record pace. Expect this to continue as things get better. OK, imagine if we were in a no more worry pace.
Six Flags declared bankruptcy due to recession. Here is a company that could not survive, because as things get worse, people cut back on nonessential items. When you have to decide if money is to be spent on food or fun - food wins.
If you think traffic is down now, wait until oil soars back over $100. It is not to sound pessimistic, but people will cut back on spending as our economic crisis worsens.
North Korea says turn all its plutonium into bomb material. I warn people that this is a ticking time bomb. All over the world people worry this technology to produce intercontinental ballistic missiles could fall into the wrong hands - it will.
It is only a matter of time until enemies of US get this technology and use it. The policy of appeasement has failed. In fact, we can rest assure that in a not too distant future we shall reap the harvest of our lack of action on this matter.
Yesterday, we had a major announcement that mexican swine flu was now a pandemic and over 30,000 are sick. Planning ahead for H1N1 virus is important. Today, President Obama says that we need a new health care plan. It could be close to what we see in canada, and will help make care more affordable to the poor. Public plan will mean more taxes.
The moment I predicted has arrive on schedule. The H1N1 mexican swine flu pandemic is here. World braces for impact as sick patients flood hospital emergency rooms. This virus has made the jump from america to asia. Hong Kong schools are closing due to the epidemic. Children are at risk of an illness due to the rapid spread through sneezing.
People, this is not normal, in fact, this H1N1 virus is the 1st flu epidemic in over forty years since that dreaded Hong Kong flu pandemic in 1968. Back then people dreamed of one day going to the moon. Well, now we ignore such talk.
It was another down day for the dow. It appears that rising interest rates are destroying any chance of an economic recovery. Also, oil is going up, it closed today over $72/barrel. This is not a sign of recovery, but of discovery, as in the fact that people will pay at the pump. They have no choice.
Sadly, many companies are close to bankruptcy. GM & Chrysler were only the tip of the iceberg. As the financial situation deteriorates expect to see more stores close, and eventually malls shut down. This will leave to empty ghost malls and abandoned areas.
The two ladies that were sentenced to twelve years in a North Korean prison are no doubt living in deep fear. Unlike Bush who would have sent troops to their rescue, Obama prefers to give North Koreans flowery speeches. This 21st century Neville Chamberlain of our age who appeases monsters instead of confronting them is a lesson in why weakness is never an option.
Those who say that the economic crisis is over - are wrong. Hyperinflation is a worry going forward. In this environment, we have a strong possibility of complete collapse.
Analyst says that oil could go to $200/b. This would crush our economy. Gold will continue to rise. Sales are still falling, and unemployment is rising.
OK say goodbye to those high dollar high tech jobs. OUTsourcing is sending good jobs out of the US and in its place we have more fast food minimum wage service jobs. Instead of getting $50/hr to build cars, you get minimum wage to build burgers.
Actually, our economic crisis means more jobs shipped offshore and less product made in america. The result is a soaring trade deficit and a drop in the dollar. Also, people do not make enough money to afford cars, houses, and other big ticket items. That said, we see a big drop in the number of houses sold, cars bought, and high end electronics.
Therefore jobs of the future are in the tourism industry as our country will need more people to clean hotel floors and serve meals. These jobs will pay very little and do not require college.
Yesterday, I went and saw the time travel movie "Land of the Lost" which was quite funny and silly. The main character is a scientist that has developed a time machine that can take you back to the time of dinosaurs. This scientist reminds me of inventor Steven Gibbs.
Illinois has their 5th swine flu death. The flu did not go away, and ignoring it will not help you. People need to know that mexican swine flu is now causing very serious complications and potentially deadly bacterial infections.
I look forward to a day in the future, we no one gets sick and hospitals are empty. A day when we see disease as a distant memory.
OK so one debunker says - severe recession is over, we are in economic recovery now. Hey, my reply is - remember GM appears to do well in 2006, but by 2008 only the fools still believe it will survive? Well, even dumber are the debunkers who waited until GM declares bankruptcy to then do a debunker flipflop and claim they always knew it would go under.
Toyota which makes the high quality energy efficient prius says that in May 2009 they sold 152,583 cars versus 257,406 a year ago back in may 2008. Things in 2008 were so bad that GM had gigantic losses, well they are even worse now. It is estimated that by the end of 2009 US gov will have spent 80 billion trying to bail out GM. If we were in an economic recovery you would expect sales of 300,000 cars instead of 150,000 cars.
Another down day for the dow, after bad news came in. It appear the recovery is derailed. The Down Jones Industrial Average no longer contains GM which went bankrupt. Cisco is replacing it. AAA says that energy prices are going up. Gasoline which was $2/gallon last month is now over $2.50/gallon. I predict that we will see oil go up for two reasons. First we hit peak oil in 2005, second a decline in the value of the dollar.
Maybe GM would have not gone under if they had come out with a flying car. This staple of science fiction is available as the Terrafugia flying car. It is real, and it is here. In fact, you could say the future is up in the air.
GM bankruptcy is end of an era. At one time in 1979 they had 511,000 employees, now they have 54,000. Last month sales of new cars were down 45% compared to last year which was horrible; only Chrysler did worse with sales down 52%, sales of the ill fated iconic Hummer were down 67%.
It truly is a sad day for america as its largest manufacturer closes its doors. The giant automaker made possible for many in labour to enjoy a comfortable life. However, now instead of america workers making 50 dollars an hour, we shall see chinese workers making 50 cents an hour. Times are a changing.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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!
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