Monday, October 06, 2008

What Tomorrow May Bring . . .

Poor John McCain - he wanted to turn the page on the bad economy and get on with the business of smearing Obama's character.
We are looking for a very aggressive last 30 days,” said Greg Strimple, one of McCain’s top advisers. “We are looking forward to turning a page on this financial crisis and getting back to discussing Mr. Obama’s aggressively liberal record and how he will be too risky for Americans.
Unfortunately for McCain - and for the rest of us - the economy isn't cooperating. In fact, the Dow has followed world markets in falling below 10,000 for the first time in four years.

Besides, the smears look desperate, even to his fellow GOP members:
McCain's dredging up of Bill Ayers, in contrast, is not only old news but has no link to anything Obama has done in public life. Patrick Ruffini, a Republican operative who worked on Bush's reelection campaign, said today that McCain's Ayers attacks are so old that airing them now "appears desperate."
All of this is bad for McCain, which is good for those of us who do not want to see his brand of hot-headed, short-sighted "leadership" in the White House.

But there are those who see a more frightening scenario playing out, with tomorrow being the date that the proverbial shit hits the fan. I hadn't taken this too seriously when I read it this morning, but the markets tanked again today.

This is from Michael Bauwens at the P2P blog. John L. Petersen of the Arlington Institute has been working with various techniques to predict instability in the world, one of which is precognizant dreaming. But another uses web crawling software to pick up on emotional cues:

In the report, John also mentions another similar project, that is not based on dreams but on behavioural clues.

He writes:

I was also made familiar with a Web-spidering capability headquartered in Olympia, Washington, that was based roughly on the same principles of our dream collection initiative but uses large-scale collection of general behavior indications from individuals on the Web to uncover subliminal indications of upcoming events of significance. These folks have apparently been quite accurate in predicting 9/11, the Tsunami, and a number of other significantly disruptive events. One summary I received of their alert is this:”

* The Web Bots see September 22-27, 2008 as precursor dates to the main turning point date of October 7, 2008. Closely watch events during September 22-27, 2008 for hints as to what to expect on October 7, 2008.

* Cliff said whenever “it” happens, and whatever “it” turns out to be, “it” will be a date in history you remember like 9/11, we will remember 10/7.

*The Web Bots foresee that October 7, 2008 to February 19, 2009 will be filled with emotional intensity, and the length of the release period will be extraordinary. The Web Bots have never picked up any event lasting this long. In comparison, 9/11 length lasted about 10 days. This event will be four months of high emotion.

The Web Bots foresee consumer society collapsing by mid November 2008.”

OK, that seems a little too close to home to make me feel that this is just some kind of false warning. Today's market crash could lead to an even bigger one tomorrow, which could provide us with the date of 10/7/08 to remember right alongside October 29, 1929.

Nothing to do but wait and see what tomorrow may bring. If anything.


Anonymous said...

I appreciate the post, however I follow the adage ,"The past is history and the future is a mystery. The present is a present, it is a gift. Open it." In other words, if tomorrow something bad happens, then make sure you deal with it as best as you can. U shouldn't worry about tomorrow, but instead deal with what you have in front of you at this very moment as best as you can.

Anonymous said...

Everyone knew the bailout wouldn't work, even the crooked politicians who decided to send every household an $18,000 tax bill even though economists told them it would not work.

Today's sell of is only a prelude to the real crash of over 20% that will come in the next week or so. Why? Just look at the history of the Great Crash of 29 and the crash of 87. Right now were only experience sell-offs before the real crash happens.

See my blog post here