July 2010
Fools on the Hill or Prophets of Doom?
Nobel prize winner Paul Krugman wrote a June 27 editorial titled The Third Depression, he calls for more government stimulus in order to avoid a deflationary spiral. Billionaire George Soros agrees with professor Krugman that we are entering act II of the financial crises. Also market forecaster Robert Prechter sees the possibility of the biggest market crash in 300 years on our doorstep, in the New York Times article he is quoted as saying ‘Winter is coming. Buy a coat,’!
Mystery over China?
On Wednesday, July 7, 2010, over Zhejiang province in Eastern China the above object was sighted and closed Xiaoshan Airport to traffic. As of Friday, July 9 the sighting remains a mystery.
May 2010
A Strange Tale from a Strange Land
A strange story from the Republic of Kalmykia which is located in the Russian Federation along the shores of the Caspian Sea. Kalmykia is the only nation in Europe of Mongolian origin, and the only one whose national religion is Buddhism. The president of Kalmykia who is Kirsan Nikolayevich Ilyumzhinov claims he was visited by space aliens in 1997. What makes this even stranger is that a Russian parliamentarian wants him investigated for possibly giving secret information about Russia to the aliens.
March 2010
Are the Dogs of War preparing for the Apocalypse?
The middle east is very active lately with an assassination in Dubai to deployments of sophisticated military hardware by the United States in countries around Iran. And Iran is pushing Russia for delivery of sophisticated S300 missiles it ordered in 2007. Hopefully these activities do not lead the world into more human folly, that in the end only benefits those who sell the weapons!
Sovereign Debt - Who will bail out the world?
Countries such as Greece, Portugal, Italy and Spain all face a serious debt crises that could if left unchecked have worldwide implications. Also parts of the United States such as California and many other states have similar problems. It all comes down to the simple fact that the developed world has an economic system that borrows from tomorrow in order to live in excess today, while the rest of the world barely survives. And on top of that a handful of individuals prosper off everyone’s misery. There has to be a better way!
February 2010
Atlantis Rising in a soon to be released Hendrix recording
Almost 40 years after Jimi Hendrix died recordings that were on the shelf have been mixed by Eddy Kramer and will be released on March 9, 2010. The title is Valleys of Neptune and a single of the title track will be released on February 2. A sample of the visionary lyrics from Valleys of Neptune – “We know there were worlds so much older ... And they shall rise, and tell us much more the truth of man --”!
Google takes on the Evil Empire
China one of the greatest places on earth with a history, culture and people which give’s any other part of this planet a run for its money, has one of the most tyrannical, suppressive governments on earth! Google has stood up to the evil giant in a big way after it was hacked. The Chinese government should heed the wisdom of their own great philosopher Lao-tzu: “When the government is too intrusive, people lose their spirit. Act for the people’s benefit. Trust them; leave them alone.”
January 2010
The 60 Trillion Derivative Time Bomb
Recently PBS Frontline aired an episode about financial derivatives and the role they played in the recent worldwide financial crises. The program is named The Warning and is worth watching. But the big question is if anything has been learned from this crises? Journalist Matt Taibbi has a timely article and video in Rolling Stone documenting that the same bureaucrat’s that created the financial crises are now in charge of fixing it. The Wall Street Journal has an article by Randall Smith and Sarah Lynch on how Wall Street has successfully blocked any real reform in the derivative market. The clock is ticking and it is only a matter of time until the fuse is lit again on this 60 trillion economic tragedy.
Here Comes the Sun
The sun has started to become active after a long solar minimum. Sunspot activity has started with the first signs of Solar cycle 24 in December 2009. We will see what the sun has in store for us in 2010.
News stories you may have missed in 2009
• Secret mobile phone code is hacked. Compromising billions of cell phones!
• Chinese water torture on it’s downriver neighbors!
• First it was Sub-Prime Mortgages, next it may be Option ARM’s.
• Al-Qaeda collaborator was apprehended while employed by European Nuclear Research agency. Are the Assassins deploying a Trojan Horse strategy?
• The Dalai Lama and another 103 countries were hacked.
• Hackers penetrate the US electrical grid.
• Contact High: Pot farm 25 feet from police station