Friday, June 6, 2008

DOW JONES TUMBLES OVER 400 POINTS WHILE PRESIDENT BUSH SPEAKS ON ECONOMY

Zuma Dogg told yo azz. It ain't yo fault, but maybe I got a little more cred. No need to update here, you'll be reading and hearing all about what just happened on Wall Street as President Bush spoke on the economy. Guess they didn't like what they heard. ZD has been saying that the foreclosure problems due to sub-prime are worse than accounted for (after prediciting the sub-prime/forclosure crisis and pending recession in '08 in May of '07); and with oil jumping up $10.00 a barrel today to close at $138...it will cause inflation in food production and delivery; inflation in the production and delivery of many durable goods delivered to Wal*Mart and Best Buy; at with the price of gas being so high -- consumers will not have money left over to spend on much else -- and all these Wall Street companies behind all these services, retail outlets and the products they carry will come grinding to a halt. Stores and companies are going to close and fire people. The local cafe is going out of business, because six other businesses have recently closed -- so the cafe no longer has the business of the other businesses (and even worse...those customers of the other businesses.) YOU KNOW THIS! Then they are hit with new and higher taxes and fees and a lot of neighborhoods are about to start heading south.

They (Bush and Feds) are trying to keep things propped up through the elections, but with global demand for oil continuing (no matter how hard we cry), this 300 plus point dip could be the beginning of the fun.

ALSO TOLD YOU ABOUT THE WATER SHORTAGES WE ARE ABOUT TO FACE DUE TO DENISTY: I'm sure you heard Governor Schwarzenegger declared a drought emergency and Zuma's prediction that water will be the new "oil" (high prices, high demand) and it's about to become a commodity.

This has been an issue (the upcoming water crisis due to Sierra snow cap problems and added density) for about a year or more. LOOKS LIKE THAT ONE'S COMING TRUE NOW, TOO.

So basically, if you wanna see what the problems are going to be tomorrow, just review the Zuma archives for what I have been blogging about this past year. AND I'LL TRY AND GET A CELL PHONE CHARGER. SORRY FOLKS.

AND SPEAKING OF CELL PHONES: Starting July 1st you can't use one while driving anymore, due to a new "both hands on the steering wheel law" designed to cut back on business productivity as everyone in Los Angeles may now no longer conduct business while driving in the gridlock traffic the City created with their dumbass "Smart Growth". (Hello more runaway productions and more runaway business in general.)

ALL OF THESE NEW LAWS (both hands on the wheel and "no watering" rules are just excuses for the city to write more tickets and take more money out of your pocket. While people like Villaraigosa and his pal DWP GM David Nahai think of new ways to "tag team" your wallet.