Author Archives: admin

I don’t usually worry about it, but holy crap Batman, look at the economy!
Stock market:
Worst year opening since the Great Depression.
Housing Market:
The year to year foreclosure rise in measured in the 100% to 400% range!
The only time house prices have slipped this much is the Great Depression.
Only about half the ARM’s have reset themselves so far.
Savings Rate:
Since 2005, the savings rate has been NEGATIVE!  This, surprise, has not happed
since the Great Depression.  This means people are spending more than they are making.

Seeing a common theme here?  They only time indicators have been this bad was the Great Depression.
That is really really not a good sign.  After riding the 80’s stock boom, the 90’s internet bubble, and the 00’s Housing bubble, we are in for a hell of a correction.

Scary times.  I don’t think lowering the interest rate or giving everyone a check for $1,000 is really going to fix it.  The economy really needs a correction so the true value of the dollar is met again.  It will be a rough ride.  Japan had a recession for 15 years.  The difference there is they were saving 15% to 25% of their paychecks. The US has been saving -5% for a few years now.

So, I hope you have been saving and have a fixed mortgage with no credit card debt.  If you have been good, you should be fine.  If not, like most Americans, I think many of our citizens are in for a rough ride.  How long, I don’t know. 

But I was at MicroCenter today and saw an Asus Eee PC

It is a mini laptop with a 4g solid state hard drive, 8″ screen (800×400) and running Linux!
It was very easy to use and fast.  It is running a custom version of Linux, KDE applications.  They say it is compatible with Winblows XP, but I don’t really care about that.  The size was great!   The keyboard was small but usable.  Pretty impressive for $350.  If we ever get another laptop, this one may be it.  Small, great battery life and no moving parts, and it comes pre-loaded with Linux!

Thankfully everyone is feeling better.  I would of never thought I could do some of the things I have done in the last 2 weeks.  I am really glad Glenn is feeling better.  You really don’t want a baby with a stomach bug, that’s all I can say.

It is nice to hear silence every now and then.  Glenn has been teething, which is not that fun.  Drool everywhere.

On Friday I was incredibly sick, so gross I really don’t want to describe what I did.  It was just eww.
Unfortunately, little Glenn got what I got and did a repeat performance, baby scale.  I knew he was going to hurl because the look on his face was the same as mine. 
Luckily, he looked much better in the morning, and he did sleep through the night.  He ate some waffle this morning and kept it down.  The lunch was not as good.  I think we need to avoid milk for a little while.  He has been drinking the baby electrolyte stuff (basically Gatoraide for babies.)  I wasn’t sick that long, so I hope he does the same, a day of feeling like crap then much better pretty quickly.  Poor little guy, I know what he is going through.