If you haven’t heard about this by now, then you truly have been living under a rock. On Friday the 11th of February it became official as President Mubarak of Egypt stepped down and the military took over the country. This is what the hundreds of thousands of protesters wanted. They don’t want the [...]
This week there were two announcements that both have to do with future high speed rail in the U.S. First was Amtrak, which unveiled a $13.5 billion high speed rail tunnel connecting New York and New Jersey. It actually replaces a previous plan that was rejected by the New Jersey Governor for being too [...]
Imagine a world where it’s difficult to find power lines, yet everywhere you look you see homes and businesses with working lights and proper heating/cooling. At some point in the future, this will be reality. This is my prediction. What am I basing this prediction on? My prediction is based on two companies out of California that are [...]
On Tuesday, Indian airline IndiGo placed the largest airplane order in history. They ordered 180 aircraft from European manufacturer, Airbus, going with the Airbus A320. The deal is valued at about $15.6 billion, list price. This doesn’t mean that IndiGo is paying the list price on their order. You would think that there is a volume discount [...]
There are reports out of China that scientists there have discovered a breakthrough in nuclear technology. They say they’ve developed a new way to re-process spent nuclear materials that allows them to produce 60 times the power they currently generate with the same amount of material. If proven true, this is very meaningful not only [...]
Walt Disney World in Orlando, FL has noticed a change in our society. As an article in the NYT reports (click here to read it) Disney has noticed that people have no more patience and want instant gratification. When people line up for a ride at Disney World today they are likely more anxious than they [...]
As the economy continues to improve in the U.S. and thus, globally, the price of oil is also going up. Some experts predict oil to go to $100 a barrel in the near future. It is hard to find someone that believes oil prices will go back down substantially for the foreseeable future. This is a [...]
TD Bank closed a deal on Tuesday to buy Chrysler Financial from Cerberus Capital Management for $6.3 billion. Now, if you have at all followed this blog you likely know that I am no fan of Chrysler. They have been making terrible cars for too long (mostly terrible, anyway) and have a bumpy future [...]
The tensions in the Korean Peninsula between South Korea and North Korea are higher than they have been since the Korean War. It is difficult to predict how it will shake out and whether or not a war will break out in the region. You would think a war is not very likely because obviously [...]
If you live in the U.S. or Canada (maybe except for those living in Phoenix, AZ) you definitely have noticed the early start to winter this year with very cold temperatures, colder than average for this time of year. Now the negatives to this are obvious, so I won’t even bother mentioning them. However, what if I told you [...]
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