Monday, June 16, 2008

Electricity prices go up due to high fuel

In a power shock to the pocket book, consumers will pay 29% more this year for electricity due to high fuel prices. Your light bill is going up. And soon all those people who talked about electric cars being the answer will start to wonder when blackouts become frequent.

It seems that we have not built enough power plants. In fact, due to regulations electrical companies have dragged their feet on building new big coal fired generators. And now wth new environmental regulations expect even fewer plants to be under construction.

That said coal double in price this year, oil is at a record high, and natural gas is up 50%. This means that you will have to pay more for electricity, so energy conservation should become more common.

Sunday, June 15, 2008

Is the end near for Yahoo?

What we see is that Google is taking on much of the role of Yahoo and the search engine is becoming a part of big behemoth. With Microsoft out of the picture, there is little to keep Google from slowly absorbing Yahoo.

Saturday, June 14, 2008

Flood = high food prices

The terrible flood of 2008 is destroying riverside towns and ruining fields. It is now too late for farmers to replant and the existing corn crop is underwater.

David Miller, the Dir of research at Iowa Farm Bureau, says that almost 1.3 million acres of corn and 2 million acres of soy -- almost 20% of the state's crop -- had already been lost to the flood.

Iowa flooding is like Katrina a terrible disaster, but it will cause food prices to go up. Already corn prices are at a record high.

Thursday, June 12, 2008

China clamps down on Olympics

The repressive regime of Red China today issues some more rules and restrictions to prevent protests at the 2008 olympics. This slave labor camp which pretends to be capitalist was allowed to host an international event, so now we see the folly.

Many tourist will stay away from this police state with its heavy handed regulations. John Titor said there would be no 2008 olympics we will see.

Wednesday, June 11, 2008

Kucinich tries to impeach Bush

Rep Dennis Kucinich introduced legislation to impreach President George Bush on the grounds of illegal actions. Speaker of the House Nancy Pelosi says that she is against the Bush impeachment. Last year Dennis tried to impeach Dick Cheney.

Tuesday, June 10, 2008

Gasoline shortage in the future?

As supply goes down and demand goes up we will see a gasoline shortage in the future with rationing. I foresee that it will be quite grim in the dark days that are ahead. Also, the road ahead will be bumpy as asphalt is now twice as expensive as last year meaning less street crews fixing our highways.

Using HDR assisted astral time travel I saw in the future long lines for food and fuel. Also many epidemics and a time of troubles. The ration cards were red and blue.

Sunday, June 08, 2008

hdrkid is now on technorati

Technorati Profile

I am now part of technorati. THis is great news as I will be able to examine new tech, as they announce it.

Saturday, June 07, 2008

Vortex science

A scientist that studies nature has found a way to make more efficient propellers and airplanes. This merger of biology and technology will allow fans to move more air will less energy, boats to travel farther on the same gallon of diesel fuel. A true breakthrough in modern technology.

Friday, June 06, 2008

Oil Explodes, Dow Drops

A new record was set today for oil - $138/b, meanwhile the dow is DOWn over 300 points. It seems that the economy is now near collapse as the banks start to fail. I predict dark days are ahead!

Thursday, June 05, 2008

Big break for electric cars

A new lithium ion polymer battery will allow cars to increase their current range from about 120 miles to over 200 miles. The key to the new lithium ion polymer battery is called a Superlattice Structure. Using the new cathode the energy density is much higher. We could soon see electric cars rolling down the highway.

Wednesday, June 04, 2008

Gasoline price going down


Today oil is down $123/b from a record high of $135/b last week. Also, where I live gasoline is down from $3.99/gallon to $3.87 today. I am very happy. There where people predicting that gas would hit $6/gal this year.

Future price of oil will go over $200/b but not right now. Also, we face strong hurricanes due to climate change caused by global warming.

Tuesday, June 03, 2008

Biofuels in future?

Well, some say that the future is biofuels, but is this so? Let's look at corn to ethanol. It takes more energy to produce than uou get out. Also the land cannot be used to grow food.

A better solution is windmills and solar energy, but to use ag waste as a fuel might be common in the future.

Monday, June 02, 2008

Oil price plunge

Oil prices are $10 off record high and keep falling. The dollar got stronger and also demand for petroleum products is down. This is added to worries of am economic slowdown decreasing the demand even further. Speculators are hitting the exit button. In fact, many believe that the oil bubble has burst.

This said, the price of oil will resume its uphill climb soon. Get ready for $5/gal gas in the near future.

Sunday, June 01, 2008

World rulers discuss high food prices

In is a crisis situation as global leaders face rsing food prices due to the conversion of corn to ethanol. The biggest problem is that many of the worlds poor now face shortages of grain. The so called grain drain is affecting the lives of the city dwellers in distant lands.

As more and more land is divcerted to produce corn to ethanol we see now that other grains such as wheat are more expensive. The problem is that the energy shortage may create a food shortage on a global scale. I predict that a massive food riot will wake people up to what is going on.

Saturday, May 31, 2008

Grain Drain

World food prices are super high as more and more is converted into fuel. This grain drain is hitting the poor. Many people see biofuels as a way out of the current dependence on foreign oil, but making fuel out of food causes the world poor to starve.

Friday, May 30, 2008

Oil price fixing?

The government is investigating manipulation of oil prices. Some say it is all supply and demand, but I feel that we are being taken to the cleaners. Today gasoline at sunoco was $3.92/gallon and it is heading closer to that magical $4/gal for gas as summer driving increases.

Some say that $130/b oil is a bubble,
but I feel that soon we shall see oil hit 200 and keep going. Perhaps this will be much sooner than you think as the world situation gets worse by the minute.

Thursday, May 29, 2008

Gov to investigate oil price

Citing market manipulation of oil prices, the government want to launch an investigation to uncover how the cost of fuel is being determined. It is possible that speculators have bid up the price of petroleum, but I feel that peak oil is here.

Most people are not aware of how bad things are, future oil prices will soar due to a decrease in supply and an increase in demand as nations like India and China move away from the bicycle economy to an automobile economy. The transition from bike to car means a lot more demand for gasoline.

Wednesday, May 28, 2008

New Green Tech

Promising green technology such as lithium battery makes it possible to create electric cars with a 50 mile range. That is enough for over 90% of commuters. We need to move away from gasoline and diesel to renewable forms of energy. A combination of hydro, solar, and wind could power the future.

Tuesday, May 27, 2008

Clean Coal?

A new push to convert coal to fuel in the clean coal initiative.

Talking Energy Politics, Pt. 2
Talking Energy Politics, Pt. 2

Monday, May 26, 2008

Ways to save gas


If your gas bill is a bit high, here are some tips.

Cook large quantities and keep excess in refrigerator.
Use hot water rather than cold in making a soup.
Eat smaller portions.

It also helps to use a small stove and oven unit as these are less expensive and use less fuel. Both food and fuel have gone up in price, but we can try to be frugal and not waste either one.

Sunday, May 25, 2008

Hillary still in race

Hillary Rodham Clinton spoke about why she needs to stay in the race. Scary thing is that she may get her wish of becoming the next president. God help us all.

Saturday, May 24, 2008

NASA Phoenix Mars Lander

Will it land or crash? That is the question. NASA has its hopes up with the Phoenix Mars Lander betting on a safe journey to the red planet. Still, we wonder if the landing will be safe as in previous attempts disaster struck.

Friday, May 23, 2008

Nissan Pivo

A new electric car promises to change the future. The Nissan Pivo looks like the future. It will be released in 2010.

Thursday, May 22, 2008

oil over $135

It seems that every day oil sets a new record. Today oil rose over $135/barrel topping yesterday's $133/b and on its way to over $200/b. This is very bad new for any economic view. Even the most sanguine investors know this is destroying the purchasing power of consumers.

Some say speculative fever is turning the oil pit into a feeding frenzy, but oil smashed $135 on supply shortages. In order words we are running out of oil. The move to convert corn to ethanol has sent food prices soaring, Food to fuel is a fuelish idea, soon we will have little of either. I predict massive shortages in the future of both food & fuel.

Wednesday, May 21, 2008

Oil execs blamed for record high gas

Oil today hit $133/barrel an all time high. The pain at the pump is becoming unbearable. Oil exec are blamed for the record high prices. People wants prices to come down, but soaring demand will cause a rise in energy prices.

The move to alternative energy is now taking place. In the future we will use electric cars. Fusion will generate much of the electricity, and also solar and wind power.

Tuesday, May 20, 2008

Drought in Africa kills millions of children

A severe drought in Ethiopia puts the lives of seven million children at risk. The rains failed so the crops failed, and now their is no food for hungry children. Converting food into fuel, like soy into biodiesel and corn into ethanol means less food is available for humans.

Are electric cars the future?

Nissan has a new prototype it is working on. The nissan cube is an electric car for the US that will use lithium batteries as an alternative to expensive gasoline transportation.

Well, now some people are saying that where are we going to get all that electricity. I believe the answer is wind farms. Wind power and electric cars are the future.

Monday, May 19, 2008

Bird Flu Vaccine

Glaxo, eurozones biggest pharma has a bird flu vaccine ready for human use. This is great news. The prepandemic cure is now available in all of europe.

In fact, now we can defend ourselves from the deadly H5N1 virus. An influenza pandemic could kill millions worldwide. In 1919 it is estimated the over 100 milion p;eople died, more than WWI.

Experts are worried that the H5N1 bird flu might mutate into a hypervirulent strain capable of spreading thru human to human contact. Thus we need the vaccine to be ready before the virus mutates.

Sunday, May 18, 2008

High gas? What if it went higher?

What if gasoline went to ten dollars a gallon? Think that is impossible, well over in Europe it is almost that high ight now. I predict a lot more microcars and scooters on the street as gasoline shoots up in price.

Friday, May 16, 2008

Obama to lose Kentucky

I predict that Obama will lose Kentucky. His campaign is falling apart. He thought he was prez already and let down his guard. Pride cometh before a fall. BTW, his attack on Bush backfire. Clinton wins another one.

Thursday, May 15, 2008

Fusionman is the Future

Fusionman flies over the Alps with a jetpack on his back, a jet powered wing made of kevlar. He can soar at 120mph and be all the rage of europe. This swiss flier is the next wave in single person aircraft. The future is here and it is going to be fun.

Tuesday, May 13, 2008

Clinton wins big

A major win in WV by Clinton helps turn the tide in her favor. Well, now we are seeing that the race is not over. Clinton is back!

Monday, May 12, 2008

Indy 500 a terror target?

The largest race in the world is a magnet for terror types. The government is trying to calm people down, but Indy 500 is now a target for terror.

Sunday, May 11, 2008

Friend Connect

Google is launching a new product into the social networking area called friend connect. and it will compete with myspace and facebook. This is exciting news as we might see a whole new world emerging on the web.

The future is now!

Saturday, May 10, 2008

DOWn again!

American Insurance Group, world largest insurance company, had a huge loss of 7.8 billion dollars this quarter. It sent the financial world into a tail spin. This news sent the DOW tumbing down. Well, seems like we are in a recession with AIG reporting its record loss of 7.8 billion dollars, it greatest quarterly loss in history and also its second straight quarterly loss. AIG is now short on cash.

The one two punch of mortgage meltdown and surging energy prices have destroyed the economy. People have less money to buy things and banks refuse to lend them any. In other news FEDEX is reeling from high avaition fuel prices and is also declaring a loss. The rise in gasoline prices is creating inflation. I predict massives losses in the stock market as high fuel prices causes customers to rein in spending.

Friday, May 09, 2008

Oil over 126

Crude oil rallies to a record high over $126 per barrel and the speculators see $150/b in sight. The talk is of an oil bubble much like the housing bubble of 2005. It is estimated that the prices is way above demand.

Let's time travel back ten years ago (1998) crude oil was only $12/barrel and gasoline was selling under $1/gallon. Clinton was president back then, now Bush a Texas oil man is president and now oil is over 120 "ten times as much" and gas is almost $4/gal. Exxon has record profits of over 60 billion. The decline in the US dollar has also helped to make gas more expensive. As John Titor said - get a bicycle.

Future price of gasoline will be $5/gal soon at this rate. We are seeing a sea change in politics as Obama laughs at the gas tax holiday, while Clinton and McCain support relief for the poor.

Thursday, May 08, 2008

High cost of fuel a bubble?

One debunker says that peak oil is a hoax and that we will soon see $2/gal gas when the oil bubble bursts. According to him we are swimming in oil and speculators drove up oil prices much like they did we real estate.

Well, my prediction is that short term you may see a drop in oil prices, the long term outlook is up. Production of oil is down and demand is up.

Wednesday, May 07, 2008

Gambling casinos suffer as economy sags

High oil prices have hurt the economy hitting casinos hard. With gasoline at over $4/gallon in some places many people are not driving to the casino. They are using their money to buy needed food & fuel which is sky high.

As prices for food & fuel go up we will see fewer people at the car tables and slots, but what is the future of casinos?

I predict that people will be less interested in money and more psychic than now so it will be impossible to play games of chance.

Tuesday, May 06, 2008

Cyclone deaths over 22,000

One of the worst disasters in history, a cyclone hit Myanmar(burma) and has destroyed most of the country. The military dictatorship is tottering. Most homes are without roofs and cities without power.

Debunkers may wonder why John Titor did not mention this terrible event. He stayed away from weather forecasts. I on the other hand predicted that global warming would cause superstorm that would kill millions.

Monday, May 05, 2008

Ahoy! There be pirates matey.

In the 21st century few of us would believe that pirate ships still exist, that those colorful characters with their parrots and peg legs are still a part of our reality. That pirates the stuff of fantasy are real. Well, they are. A group of Somali Pirates captured a Danish captain and his crew. It seems that the US is still having to deal with pirates on the high seas.
The more things change, the more they remain the same.

Sunday, May 04, 2008

Deadhoo?

Remenber deadmail and deadsearch, well, now deadhoo. It seems that the microsoft yahoo deal is over. Jerry Yang is celebrating. Ballmer is angy.

According to YAHOO they will partner with GOOGLE and leave the Redmond giant behind. Perchance we shall se a new player emerge in the future.

Saturday, May 03, 2008

Global warming junk science?

Debunkers claim that global warming is junk science. They refute the melting polar icecaps as a natural phenomena and claim humans cannot alter the global climate. However global warming ia real much like peak oil is real.

Ignoring a problem does not make it go away.

Friday, May 02, 2008

Gas prices falling

Finally, gasoline prices are falling. The drop in demand is causing a drop in price. Today is a great day. The prices are dropping.

Thursday, May 01, 2008

Prez Bush worse than all others?

"President Bush is the most unpopular president in modern American history." says CNN. He is now a historical figure. Well, now we see that more people disapprove of President Bush than any other president in history. Not quite the way he wished to be remembered, I am sure!

The next president, Hillary, will be worse, if that is possible.

Wednesday, April 30, 2008

Clinton moves ahead of McCain and Obama

In the latest poll Clinton is ahead of both McCain and Obama. Her win in Penn did cause a shift in popular opinion. She is now ahead again and going into Indiana against an embattled Obama who cannot shake loose from Rev Wright and race.

Expect stuning developments. I predict Clinton as the next president.

Tuesday, April 29, 2008

Home prices down 12.7% in Feb

The decline countinues in real eastate with home prices down 12.7% in US as banks refuse to give loans and foreclosures are being auctioned off at fire sale valuations. A vten city index set a record monthly fall of 13.6% and prices are still falling.

Debunkers now say "That was obvious", but in 2005 I sounded the alarm and told people about the real estate bubble and mortgage meltdown. The dumber than dogdirt debunkers told me that all I predict is gloom and doom.

Well, now I predict shortages of food & fuel in the future.

Monday, April 28, 2008

rebate is 2 little 2 late

The tax rebates are too little and too late to avoid a recession. Well, as usual we are, a day late and a dollar short. Sad, actually that we could not dodge the ball on this one.

Sunday, April 27, 2008

High gas hits home

The era of cheap credit, cheap food and cheap energy is over. We must now work in a world where food & fuel are expensive and hard to get. Bank losses from the mortgage meltdown are over one trillion dollars and on the automotive front GM says that big SUVs are not selling.

The cost of wheat has doubled in one year and rice is at a record high. Worldwide rice shortage has forced Walmart to ration rice. As for oil I see shortages in the days ahead. John Titor told people "get a bicycle!"

When I predicted high price for food and fuel the debunkers laughed. Are they laughing now?

Saturday, April 26, 2008

Quakes in Nevada

A series of earthquakes in Reno Nevada has residents worried. The quakes are getting worse. It seems like something bad is happening. Perhaps we will see a bad quake in the future.

Wednesday, April 23, 2008

FBI says torture is illegal

FBI is against using torture for interrogation. The technique does not work and can lead to a false sense of security. Studies show that prisoners will say anything to avoid torture. The quality of information obtained is very poor.

Sunday, April 20, 2008

Clinton leads in Penn

Clinton is ahead in Pennsylavania and Obama is doing well among blacks. The small town vote was lost due to comments about poor white being bitter and clinging to religion. The comments have come back yo haunt him.

Friday, April 18, 2008

Citi reports 15 billion loss

Citigroup is reporting a loss of 15 billion dollars due to poor perfomance of its loans. What was once confined to subprime mortages has spread to regular residential, commercial, automobile, boat, and even credit cards. Citi sees further declines in the residential real estate market and as we move into recession more problems with its loans as people become unable to repay them.

Wednesday, April 16, 2008

Youtube Divorce!

History is here! The world's first youtube divorce. It seems like a movie, not real life. but here it is. TV soap operas have nothing on this.

Tuesday, April 15, 2008

Solution for high gas prices

Today, I paid $3.66/gal gas and another station was at $3.72/gal the prices are super high. Actually, when I was in Eurpose I paid a lot more for gasoline. They are paying over a pound per litre in England for petrol and I see the prices going higher.

My solution is getting a scooter. I got one in 2006 and getting about 150mpg which is great. Also, there is no tag or insurance to pay. Right now car insurance is over $1000/yr and going higher. Also scooters are just plain fun.

A scooter store owner told me that they are selling like hotcakes and he cannot keep them in stock. I see a bight future for scooters.

Monday, April 14, 2008

Future House

Many imagine a dome home and robots. Yes, this comes, but what about the near term? Future houses will look like modern offices and less like places to raise children.

With telecommuting we see a merger of home and work to create a "homoff" that become more prevelant as fuel prices skyrocket. The future is here!

Sunday, April 13, 2008

MADE IN USA

One product that is still made in America is software. Many programmers are still working on the next killer app, but big biz wants to outsource everything and pay people 50 cents an hour.

Made in America
is more than a dream, it is possible and with a weak dollar probable. We need to fight for our jobs and stop the oursoucers. Our future is on the line.

Friday, April 11, 2008

Housing woes

LuckyOliver: Showing my new house 3
A realtor told me today that the only people buying are investors who have cash and they are paying fire sale prices on properties. The banks are no loaning money and nobody is building. Big bank WaMu is getting ready to writeoff another 14 billion in delinquent loans.

There was another big selloff on Wall Street, this time General Electric was hit - shocking news!

Americam Airlines cancelled 600 more flights, over 200,000 fliers are stranded and Froteir declared bankruptcy, a typical day on Wall Street.

Thursday, April 10, 2008

Trade Deficit grows

Yes, they said a strong dollar was bad for us, but a weak dollar was good because it would reduce the trade deficit. WELL, the trade deficit grew, who knew. It is a bad sign that the US dollar has dropped to 2/3 of its former value against the euro, and I say that the dollar will drop even more.

Wednesday, April 09, 2008

High gas hits hard

Today I paid $3.64/gal and the pain is being felt all over. Gas shot up to as high as $3.69/gal near my old place back in Feb, but come March it dropped down to $3.09 and now it is back above $3.50 and rising. I predict that we may be paying $4/gal for gas in 2009. Future oil prices will be a lot higher than now.

Please remember that in Jan 2007 I was paying $1.87/gallon and now the price is almost twice. Now that gasoline prices are at a new record high sales of scooters are increaing. Expect prices to race in the road ahead.

Tuesday, April 08, 2008

Big Bank in trouble

The biggest savings and loan, Washington Mutual, got a cash infusion of seven billion. It will report a loss of over one billion. The biggest S&L WaMu is in trouble because house prices are falling. I talked to a realtor yesterday and he told me prices are in free fall; because banks do not loan money, you must pay cash for a house. As a result you are seeing prices tumble out of control.

Big banks are seeing more and more loans go bad as people are unable to pay loans due to a poor economy. Also the high future oil price means less money will be available for other things.

In the future, I see further housing price erosion as the economy gets worse and more people lose their jobs. The banks are now dumping foreclosed houses on an already saturated market, and they want cash.

Monday, April 07, 2008

AMD jumps ahead

Many were critical of AMD when it bought ATI in 2006, but this was a critical move. Now AMD had a chip that combines graphics and low current draw. It will allow an AMD laptop to play a full length HD movie. All the chips Intel has draw too much current. The new laptops will be ready by the end of this year.

I predict that HD laptops will become a hot item.

Sunday, April 06, 2008

Olympic size trouble

Angry protestors attacked the Olympic torch procession and attempted to douse the flame with a fire extinguisher. Police attempted to guard the torch procession and arrested protestors for disorderly conduct.

Saturday, April 05, 2008

Police Raid Polygamists

A raid by police on a small texas town of the polygamist compound was due to alleged marriage of a 16 year old to an older man. I hope this does not turn in to a Waco incident. Sadly we remember what happened in another Texas town, Waco, where many innocent childern died.

Friday, April 04, 2008

C4 in 64 bits on windows only

Adobe Photoshop C4 will be in 32 bit version for the apple, not in 64 bit mode. The 64 bit version is for windows only and it will be certified to work only in Vista, although Adobe says it should work in XP.

This is important because the apple computer is a favorite of graphics artists and now they are at a disadvange. Perhaps Adobe will eventually release a version of Photoshop for the apple in 64 bit mode.

Thursday, April 03, 2008

Korean peninsula on the brink

The peoples democratic republic of north korea - NK military says that it will turn south korea into ashes. It seems we could be on the brink of war. NK is now taking steps to prepare for war. I hope a conflict can be avoided.

These two countries are still technically in a state of war since the hostilities of the Korean War stopped in 1950's, but no formal peace treaty was ever signed.

Wednesday, April 02, 2008

Doomsday cult in cave

There are reports from media of a doomsday cult inside a cave. This is dis-information. Many people are aware of what is coming and taking steps to stay alive.

Monday, March 31, 2008

Dell closes Texas Plant

Computer giant Dell, is about to close its Austin Texas manufacturing plant. They want to move more plants offshore and cut american jobs. What a sad day. They claim this move will save the company about three billion dollars.

Sunday, March 30, 2008

Oil price drop?

Analysts forecast a drop in oil prices due to a slow down in the US economy. This is welcome news as oil now stands at $105 per barrel and rising. It hit an all time record at $111/b on March 17, 2008.

Trouble in the middle east will make future oil prices higher than now. Also a drop in the dollar will cause all prices to rise.

Saturday, March 29, 2008

Live Gold



gold prices for last 30 days have been choppy. Gold rose over $1000/oz for the first time in history, but then dove down to about $900/oz and is slowly recovering. I predict that it will continue its upward trend.

Friday, March 28, 2008

California lowers emmision standards

Who killed electric car? Well, California did. They cut the number of electric cars that must be sold in 2014. The incentive for automobile manafacturers to build a zero emmisions vehicle is gone.

We were on the right track, but now the plan was derailed and we have to stick with stinky gasoline powered engines for a bit more. Oh, we were so close.....

Thursday, March 27, 2008

Photoshop Express FREE

Yes folks, come and get it, the world's greatest graphic editing tool is now available for zero cost. Photoshop Express FREE is welcome news as it was so expensive, that most of us could only use it at work and at home had to go back to GIMP that open source tool for us poor boys.

Now we can edit in style with a high end graphics tool that has most of the features of its big bro!

Wednesday, March 26, 2008

3D camera

The idea is not new, but very interesting none the less because a 3D camera would make the world a bit less flat. This is a major advance in the field of digital technology; now we need a 3D browser to view the 3D pictures that it takes.

Tuesday, March 25, 2008

Antarctic Ice Sheet Collapses

The global warming guys are right. A huge block of ice the size of a small state broke off from Antarctica and did collapse into the ocean. Now scientists are worried that more ice could fall in as the ice sheet melts away. They are using satellites to track the giant ice mass in the ocean.

Microhoo?

Citogroup hears a Microhoo as the merger is on. It is possible that in this tough economic time that the merger of Yahoo and Microsoft may face a few snags, but this is the only chance the Redmond giant has to compete with Google.

Monday, March 24, 2008

US death toll in Iraq 4,000

This terrible tragedy seems to never go away, now we see that the US death toll in Iraq has reached 4,000. It is sad to remember that I once fortold that we would invade Iraq and later there would be an iranian invasion. The bitter fruits of the first we now harvest.

Saddam Hussein was not responsible for 911, nor did he fund Obama. The Iraq war was a total tragedy were 4000 brave soldiers lost their lives. This grim milestone comes after five years of war.

Sunday, March 23, 2008

Bankrupt Banks

Bear Stearns is just the beginning. The monetary markets are in trouble and banks are bracing for financial catastrophe. Ben Bernake of the Fed is trying to bailout the banks, but the economic situation is getting worse by the minute.

As nervous investors pull money out of US banks the gov may have to freeze accounts and allow only limited withdrawals.

Saturday, March 22, 2008

Coal 2 Fuel Plant

The military wants coal to fuel plant to resuce dependence on foreign oil. This is the clean coal we have been hearing about. Will it work? YES, we have a 500 year supply of coal and we can create synfuel at a good price. The problem is that each plant cost several billion dollars.

Future of Fuel

The price of oil finally go down below $100/barrel, but projections are that by this summer we could see gasoline at near four dollars a gallon. Detroit has long had a love affair with large automobiles, but the future is small cars are we get used to prices over $5/gal for gas.

Already in England many are paying over one pound per litre of petrol this would be the equivalent of more than $8/gal for gas. The solution is electric cars. We already have cars like the Toyota Prius plug in hybrid and soon the Chevy Volt. I see many future fuels like biodiesel and ethanol helping bridge the transition to electric cars.

Friday, March 21, 2008

Clinton extends lead over Obama

In shocking news Clinton is pulling ahead in the race. It seems that her support among white men has grown in previous days. Obama still have over 90% of the black vote. This race is about race. I think that it is great that women are finally gaining positions of power. The future of women is bright.

Thursday, March 20, 2008

Citigroup to lay off 2,000 traders

Trouble at the biggest US bank. It seems that Citigroup will lay off 2,000 investment bankers and traders. This news could not come at a worse time with the US going into a major recession. This is scheduled to happen before the end of March and this will affect the economy. We see more and more firms cutting back. The financial sector is sinking.

Wednesday, March 19, 2008

Methane detected on distant planet

Wednesday, scientists found methane an organic molecule on a distant planet. The question is - do we have life on this distant planet? Sara Seager, a planetary theorist of MIT calls it “another great day for exoplanets,” The planet in question is known as HD 189733b.

This could be the big break we have been waiting for. Perhaps we are not alone in the universe.

Microhoo?

Google's fear is microzoo an odd assortment of wild animals that roar. Still, Google controls about 70% of search and soon it will be 80%. Yahoo/Microsoft are losing market share not gaining. The problem is that they were asleep at the wheel while Google was busy.

Well, now Google has declared war against Microhoo and this will get interesting. This battle seems to be going in the direction of Google as it gains market share of search and slowly enters other sectors of the internet market.

Tuesday, March 18, 2008

Resources to Rebuild Your Credit

Having bad credit is a terrible thing. Many young students are not wise and lose their credit due to careless mistakes. Paying late or not paying at all can ruin your life later on. Well, there is a second chance. A company called BADCREDITOFFERS has a list of the top ten credit cards for people with poor financial histories.

When traveling abroad it is important to have a credit card to rent a car, get a hotel, and even for tours. Not having good credit can be a great limitation. It is important to begin to rebuild your credit as soon as possible so you can later buy a car and a house.

In addition to credit cards, Badcreditoffers also has a list of companies offering home loans, auto loans, and personal loans to people with less-than-perfect financial histories. Right now banks are making getting a credit card more difficult. This is a great resource for people with poor credit that need bad credit credit cards. "The words and opinions expressed in this blog post are purely my own. This post was sponsored by PayPerPost".

Delta cuts its workforce by 2,000

Delta airlines has been forced to cut its employee headcount by 2000 due to high fuel prices. Jet fuel is a type of keroscene which powers the large aircraft used by the huge carrier.

The price of jetfuel A has been going up and up as the dollar drops and we face peak oil. Delta sees the future as gloomy and we now see why. The cost of fuel will continue to increase in the coming years.

One solution is to go back to propeller planes. These are more noisy and slower, but also more fuel efficient.

Monday, March 17, 2008

330 mpg hybrid car

The hybrid aptera gets 330 mpg and can cross the Us on a single tank of fuel. This is the future. We need automobiles that can go the distance. This three-wheel, two-passenger vehicle that looks like a cross between a motorcycle and a helicopter was first built in 2006. It uses the latest composite technology and is super efficient.

For many years we have put up with 20 mpg and thought that 200 was impossible, but now we see that 300 is possible. The car look right out of a science fiction movie, but it is real.

Fed cuts rates tomorrow

I predict that the Fed will cut interest rates tomorrow because the economy is going into a tailspin. We have now major banks failing and the public is pulling money out and buying gold. This cannot go on. The fed is in trouble and now we see that the financial health of the nation is in peril.

Sunday, March 16, 2008

Bird Flu is back

China today confirmed an outbreak of the dreaded deadly avian influenza H5N1 virus commonly called bird flu. This could affect the olympics that are to be held this summer. Poultry are being culled to prevent the epidemic from advancing. China says it will aggressively fight the deadly virus.

Saturday, March 15, 2008

Flying Saucer dome home

Want to live in a flying saucer house that looks like a UFO? Well here is your chance. The unusual dome home is being auctioned off on Ebay.

The highest bidder gets to live in a futuristic house that looks right out of a science fiction movie. The future is now.

Thursday, March 13, 2008

Funny money?


Well, we have some funny fives that look purple. Atleast they are not as bad as the terrible orangeback ten that looks like monopoly money. How much colorful candy currency can we take? Our dollar bills look so fake these days like plastic videogame tokens or play money.

Well, today tha dollar sank to a new low against the euro and a twelve year low against the yen. Gold rose today to a record high and broke the $1000/oz mark and oil rose to a record high of $111/barrel.

Wednesday, March 12, 2008

Ferraro quits Clinton Campaign

Geraldine Ferraro has quit due to attacks from the Obama people. She said that Obama is a lightweight and would not be where he is if he were white. This comment ignited a firestorm of controversy.

In fact, she was forced to quit. I believe that people should know that Ferraro was the VP running with Mondale in 1984. She was the first woman VP and her comments are that Obama does not have the experience to be president.

Tuesday, March 11, 2008

Motorola loses market share

The Apple Iphone is eating in Motorola sales and profit. Sales of the RAZR are down and the handset king is dethroned. There is talk Motorola may sell its cell phone division and concentrate on high tech.

Monday, March 10, 2008

Clinton offers Obama VP

Clinton asked Obama to be part of a dream ticket. The junions senator from Illinois is not interested in the number two position. I wonder why this is. Perhaps he wants the fight to go on.

We will soon see what happens as the democrats will choose who will lead. This is a critical moment when the party must decide its leader.

Saturday, March 08, 2008

Dollar at all time low

In the markets the dollar hit an all time low against the euro. The decline in the dollar has not just hurt the US due to higher prices, the eurozone is suffering due to a decline in trade as their goods are being too expensive.

First housing was affected, now the entire economy is in trouble and now we see that the decline in the dollar is affecting the whole world. I predict that people will move to precious metals in an attempt to hold value.

Friday, March 07, 2008

No Jobs?

Well, we now have the worst decline in jobs in five years with the economy going into a deep decline this February. The combo of record foreclosures, record high oil and a declining dollar have sent the US economy into a tail spin. It was another down day for the dow losing over 100 points. It did not hold above 12,000 as predicted. We will soon see a market meltdown as the stock go into free fall.

Things are so bad that the eurozone economy is being affected. The decline in the dollar has made European goods more expensive in the US, and the slowdown inthe US economy has reduced the hunger for luxury cars and other high price items from Europe.

With the whole world staggering under record high oil prices and now record high prices for grains, both food and fuel have become expensive as predicted. I predict shortages of both food & fuel in the future.

Thursday, March 06, 2008

A down day on Wall Street

The market was DOWn today more than 200 points on credit worries. Also the Times Square NYC bombing made investors nervous as to the world scene. It is a very rocky road ahead for the market with record high oil prices and a drop in the dollar. Although the DOW managed to hold above 12,000, I predict that the stock market will soon tumble below 11,000.

Explosion in Times Square NYC

Times Square was a scene of chaos as an explosive device was detonated in the heart of New York City. A military recruiting station in Times Square was the target of the explosion. Police are investigating to see if terrorists were involved.

Wednesday, March 05, 2008

Clinton wins Ohio & Texas

Clinton win of delegate rich Texas and Ohio has the Obama people very worried. They angry Obama seems to finally show his true nature. He was very angry about Clinton's win with voters over 65, all those comments about McCain being too old did not help him, and the strong showing Hillary had among women and latins helped her broaden her appeal.

Monday, March 03, 2008

Manufacturing level lowest in 5 years

The economy is going DOWn Down down. It is true that now we have manufacturing at the lowest level in five years. The decline in smokestack industry is causing even nore people to lose their jobs as we see more and more downturn in the manufacturing sector. Previous delines in home building are making a bad situation worse.

Sunday, March 02, 2008

Gold will go over 1000 soon

As predicted, gold will soar above $1000/oz soon. A previous prediction of silver over $20/oz has already come true. A dramatic drop in the dollar is sending the metals ever higher. We will soon see both gold & silver in record territory, expect a big rise in price.

Saturday, March 01, 2008

Dow dives 316 points

Some say it is the high price of oil which is now over $100 each barrel of the crude. Others say that the dramatic drop in the dollar has triggered the dive the the DOW. I say that the decline in earnings is the factor. Look at the 29.5 billion dollar loss from Sprint Nextel. This is the reason we see stock prices going into a tailspin.

In other news a strike did cause 16,000 GM workers to be laid off. The automotive giant had a 39 billion dollar loss last year its biggest in history. Let me get you up to speed on what is happening the execs at American Axel want to cut workers wages from $28 an hour down to $14/hr, yes in 1/2 of what they are now. Well. gasoline is going up, food prices are going up, but wages are going down.