Everywhere I look, the headlines indicate bad times ahead.
July 11: FDIC takes over IndyMac Bancorp as the California lender collapses under soaring losses
July 13: US Treasury rescue of ‘basically insolvent’ Fannie Mae and Freddie Mac an ‘unmitigated disaster’ according to some
July 14: General Motors to announce job cuts, factory closings
Washington Mutual and National City Corp [...]
I quote James Howard Kunstler a lot in these entries. Kunstler’s book, The Long Emergency, introduced me to the subject of Peak Oil. In one part of the book, Kunstler goes through a list of alternative energy sources, and systematically crushes all hope for ways to avoid the impending catastrophe. Here’s his take on methane [...]
Time for another dose of bad news. Let’s see if we can find some way to be optimistic about this stuff. Social Security and Medicaid are in trouble, and nobody’s offering any good solutions. Glenn Beck calls it a $53 Trillion Asteroid (thanks for the link, Juventus) and warns us that Medicaid will be insolvent [...]
Now that the Super Bowl is over, the next major sports event we have to look forward to is college basketball’s “March Madness.” That’s what one of the hosts of a major sports radio station said recently. Well, he didn’t actually say this about the Super Bowl. He was talking about the AFC and NFC [...]
One of my favorite t-shirts reads, “There are only 10 types of people in the world: Those who understand binary and those who don’t.” Computers may be limited to only zeroes and ones, but they can still count pretty high. On the other hand, human beings, even with our multiple sensory systems and tremendously complex [...]