So we went to the mall to look around and stretch our legs.
Glenn got a cute gift that Mommy bought. There were a bunch of little craft kiosks around the mall, so he got a print with a cute saying for each letter of his name. Ironically, the man who sold it to us son is named Glenn as well, same spelling.
Went and saw a few watches while I was there. Very unimpressed by ESQ brand watches. It may be swiss, but the fit and finish were awful compared to the Seiko I was wearing. It also cost about twice as much as well. It was a chronograph with a cheesy digital display. Kinda like a $30 Casio or Timex, except it cost about $230.
Tried on a Bulova Chronograph as well. Solid end links, nice case, asstastic quartz movement. It only ticked once a second with no tenths or hundredths of a second dial. It cost over $330. For that kind of money I can pick up two (2) Seikos that the timing hand moves at 1/5 second intervals AND it has an alarm AND a dual time zone.
Methinks the Swiss are relying on their history a bit too much.
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.
Weekend
Got out a little while this afternoon. I forgot just how hectic shopping can be. Everything is always moving. I think the both of us are really used to shopping online, instead of in stores. Too much stress.
Glenn is teething some more, I think a bottom one is coming in. Very puffy and he is not happy.
In other news, it is good to know that Bush has, max, one year left. They should of impeached him years ago, in my opinion. It’s funny, I looked up what Mike Huckabee’s positions were, and I found I disagree with every single position he has. Every one. Immigration, stem cell research, death penalty, religion, even evolution. The man DOES NOT believe in evolution. That is like not believing in gravity. Somehow, I want the leader of our nation to use real science, not the words of a 3,000 year old book written by desert nomads.
Posted by admin on January 12, 2008 in General Comments, Political
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