What future do you see?

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 It is as if the world has been replaced by foolish people who do not value what they have.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 over NK

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.

GM going bankrupt on Monday

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.

GM in woe

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.

power sipping servers

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

Future events

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.

Expect Chinese to dump dollars

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.

The Truth

I cannot say it any better.

recession is over?

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.

economic woes on Indianapolis 500

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.

What will happen in Middle East?

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.

Torture?

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.

over 100,000 cases of swine flu in US

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.

Chrysler cars drop in price

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.

Future of work

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 drops 1200 dealers

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.

Falling house of cards

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.

What recovery?

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.

GM execs dump stock

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.

Credit Card losses hit banks hard

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.