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Blog Archive

Monday, May 26

Oil Up due to Mars Landing

Anxiety about future petroleum use increased due to the unmanned NASA landings on Mars. Though the housing market and real estate are down, money has fled to the commodities markets like oil. Oil is still over $133 per barrel over persistent worries about Martians being upset over the recent landings by NASA vehicles on their planet. London is on ICE, as in ICE futures markets with sweet Brent crude over $132.50.


Moves in the Cayman Island to declare the US Dollar designer toilet paper, have resulted in falls in the dollar and rises in oil prices as well.

Consumer confidence fell, as the latest crop of Chinese electronic devices continued to fail and be returned at PC Richard and Circuit City stores for a refund.


If this post strikes you as slightly idiotic, see larouchepac for some reality.

Saturday, May 24

Real Estate Collapse all over the World

Yes, real estate prices are collapsing all over the world. From Dublin, Ireland, to Spain, to some other interesting places. It's amazing what crazy speculators would do once they heard that the US market was freezing up. International speculators were buying houses in Eastern Europe and Russia. Activity in Southern India and they say even China is reported.

Why did it happen? The conventional explanation is because the subprime, ARMs, and other exotic mortgages were introduced. But, let us have it the other way around. The exotic mortgages were introduced, because the real estate bubble was ready to collapse already about five years ago. So desperate financiers introduced all these exotic mortgages to keep the game going for another round. Ha ha, it shows you who the real suckers are, the American and other public blocs of citizens.

Friday, May 16

The Fight for Food

The fight for food is beginning to impact Hillary Clinton's campaign. They have so much momentum now, that even though they may lose, they are not giving up, and fighting all the way through to the Democratic Convention.

At a rally on a farm in South Dakota, Hillary Clinton was asked how she would respond to the call by Helga Zepp LaRouche for doubling world food production. Hillary had a very serious response, and cited the need to immediately make a national emergency effort for Haiti, with modern US agricultural methods. For more see here, about the food shock.

Wednesday, May 14

Still Slugging in Santa Fe, New Mexico

They are still slugging it out in Santa Fe. Yes, the economy is tight, but there are still lots of people who would like to enjoy the beautiful country and climate around Santa Fe NM land. And you can get the best listings of available houses and properties at Santa Fe New Mexico MLS.

Buying real estate in Santa Fe has never been easier. Santa Fe is known for its warm and dry climate and its nearby National Forest. The arts are properly worshipped in Santa Fe, which includes modern art, but also clinging to Native American and Hispanic traditions. Golf communities, ranch communities and horse country round out the scene. Check out Las Campanas, Eastside and Canyon Road houses for great Santa Fe opportunities. Now if we only still have a financial system. Oyy!

Saturday, May 10

Why is Oil so Expensive?

Good question. Yes, Iraq got its productive capacity halved by the war and the last five years of fighting. But, Iran, S. Arabia, Kuwait, etc are still on full production. Despite some problems in Nigeria and Venezuela, things seem to be going good there. Actually, the dollar, since 1999, has fallen 300-percent.!!

Thursday, May 1

We need a new team, Homeowners and all

We need a new team, not only for the Homeowner protection act, but for the whole shebang. Now, that Bear Stearns has died, other things are going down, like the Barak Obama campaign. It is time to get back to the future, about assembling a bi-partisan team, around Hillary Clinton, for example, that can take the United States away from the brink of depression and war. That way, the Lisbon treaty for one world dictatorship in Europe can also be short-circuited. If the United States functions, then the British themselves will have to abandon their "Fortress Europe" operation.