Monday, August 31, 2009
Sunday, August 30, 2009
Instead of an improving economy, it is worsening. Instead of an economic recovery, we face economic ruin. It is called meltdown 101 and although we spent billion on TARP for the bankers. Hey, guess what, bank struggles are worse. In 2007 only three banks went under, but this year near ninety were taken over by the FDIC. Sadly, so many bankrupt banks have gone under that the FDIC that insures our money is now out of money itself. FDIC may need a bailout this year just like the bankers.
Saturday, August 29, 2009
Friday, August 28, 2009
Have you ever noticed that winter comes in small increments. You get a cold snap and it warms up again. However, slowly you realize that each week is a bit colder. It is the same with our economy, because even though we here of things getting better there are less jobs out there. It is wise to gather in summer, to prepare for a long cold winter.
Thursday, August 27, 2009
Dude, Microsoft sucks at photoshop. Hope that people realize how common this behavior is. Of course debunkers love to laugh at us and yell conspiracy theory, but take a look for yourself. I hate it when companies try to air brush out reality.
Wednesday, August 26, 2009
Washington warns of higher unemployment. This is not the recovery that we keep hearing about. Finally, some people are waking up to reality. There is no recovery.
I predict that as things fall apart people will clamor for a new gov and new currency. The funny money we have now is going to quickly lose value. Expect dollar to lose reserve currency status in the next decade.
Tuesday, August 25, 2009
People we are now spending 185% of what we take in. This is not sustainable. Lenders are now going to stop lending us money - warren says we will become a banana republic. This is coming at us like a sledgehammer. Hey, my fear is not deflation, but massive hyperinflation. Expect this to happen soon.
Monday, August 24, 2009
Pundits say housing crisis is over. Funny how home foreclosures are still rising. Actually, unemployment is the problem, because as people lose jobs they cannot pay their mortgage. This is one of the big causes of low prices. Banks are loaded with foreclosures. I predict that soon prices will drop even further as banks are forced to dump foreclosures on an already saturated market.
Sunday, August 23, 2009
Saturday, August 22, 2009
A tale of time travel and more romance. It is happy, yet sad. The man has a genetic disorder that allows him to bounce back and forth. It has a certain sadness inside because it has a man that cannot be there for his wife and family. Perhaps one day we will all be time travellers. Steven Gibbs claims to have done over 10,000 time jumps.
Friday, August 21, 2009
Ben Bernake Chaiman of fed says american economy is poise on grow. Please tell me when I can wake up from this nightmare. The truth is we produce nothing. Look at the shelves at Walmart over 99% of product says - MADE IN CHINA.
How is it that something so simple can escape the gaze of those with eyes open. OK since we produce nothing we will continue to go up in umemployment until the whole thing falls apart. Study history, and find out what happens when you print worthless green pieces of paper.
Thursday, August 20, 2009
Sales of SSD or solid state drives were crushed by the falling prices of hard drives. In fact, you can buy a 1TB external hard drive for only $69. The very expensive flash memory use in SSD cause them to be max expensive. It is like this was a technology that we dealt a body blow by our massive recession.
Wednesday, August 19, 2009
I believe that we will use more electric cars in the future. There will be solar energy and wind power. Future of electricity is as bright as a light bulb. This is wonderful news because it means less pollution from fossil fuels. All we need to do if move to an electrified future.
Tuesday, August 18, 2009
Bing went from 8.4% market share to 8.9% and is trying hard to play come back. The problem is that this is very late in the game. If Microsoft have develop a powerful search engine early on this sad situation would not have taken place. With less than 10% of market share it is very hard to become a big player.
Monday, August 17, 2009
I predict that housing building materials company lowes is in for a rough ride as our economic crisis is worse. Lowes profit forecast was lower than expected. It fell short. Store may be force to make closings are demand continues to fall. Construction crisis is no over.
Sunday, August 16, 2009
OK in a sign of a raging recession, we find that prices are plunging. Problems are popping up like mushrooms after a spring rain. Instead of prosperity around the corner, we see poverty. A drop in dow and consumer confidence are just around the corner.
Saturday, August 15, 2009
OK are you awake. Well, we need to spend another trillion on stimulus. The patient is flatlining and we need to inject some stim into his heart to jump start. People we need another stimulus package. That or our economy is DOA.
Friday, August 14, 2009
Instead of a recovery things are worse - yes even with cash for clunkers and stimulus bill, retail sales are down, while unemployment is up. Obama's hope is retail sales may strengthen in years to come as our economic stimulus program kicks in. Well, how is that suppose to work?
Thursday, August 13, 2009
Wednesday, August 12, 2009
Tuesday, August 11, 2009
Former VP candidate Sarah Palin is on the attack. Palin says Obama’s health care plan is ‘downright evil’ and her disabled son could face an Obama death panel to decide his life. Things are starting to heat up in the next presidential race; and Sarah is ready. Charges of health care rationing are scaring seniors.
Monday, August 10, 2009
Radio Shack drops the radio portion, an infamous tobacco company becomes ALTRIA - sounds like a girl, unlike the Malboro man. Corporate renamings are not that common. OK many may wonder why this takes place. For example, using initials like I.B.M. is faster. However, I feel many renames are about hiding the ugly truth about a company.
Sunday, August 9, 2009
The social networks you are familiar with such as Twitter, facebook, etc, are now off limits to marines. Today, marine corps logging off major social networks. Hey folks, don't be eve-ill. I love internet and being social. Why is it that we cannot allow arm forces on the net?
Saturday, August 8, 2009
Friday, August 7, 2009
Thursday, August 6, 2009
There is an internet subscriber slow down due to our economic crisis. People without jobs are canceling their internet login.
Malls are empty because people do not have jobs. Things are slowly grinding to a halt. I warn you, woe is now.
Wednesday, August 5, 2009
Lynette "Squeaky" Fromme will be released from prison. This err lady tried to kill pres Ford with a .45-caliber pistol. She was a member of Charles Manson's cult. The Helter Skelter mass murderer is still in jail himself, but one of his most infamous members is now loose.
Tuesday, August 4, 2009
How long can this continue - spending rises, but income falls? This is a very interesting query. Politicians seems to think spending is good, but in reality we are near bankrupt as a nation. Perhaps we are in this mess because people spend too much money. Well, my guess is that as the wheels fall off the buggy things will get a lot worse than now.
Monday, August 3, 2009
It was once called the black death and it erase one third the population of europe. OK now china has an outbreak of pneumonic plague.
This is important because in the near future there will be massive outbreaks of viruses. There will erase many from human population. The world we know today will vanish.
Sunday, August 2, 2009
Saturday, August 1, 2009
Sad truth is that our green pieces of paper are losing value at an accelerating rate. This is no joke. Where are we going to pay out gov debt - answer is print more money.
Rather that wake up to reality our politician prefer to live in dream land. People, as we print more paper, its value goes down. Actually, in the last century the dollar lost 95% of its value.