I'll be on blog TV on Sunday at 8pm ET. I'll be answering questions and talking about the prepping for an economic collapse as well as current events. Only blogtv members will be able to participate in the chat. Callers can call me via Skype (User ID:rkaiger). Click on the link below to find the chatroom to listen.
Anyway, it looks like the U.S. Postal Service is in danger of becoming an even greater money eater than Fannie Mae. We just found out that the Postal Service lost $8.5 billion in the 2010 fiscal year. Is this year an anomaly?
Not really. The Postal Service lost $2.8 billion in 2008 and $3.8 billion in 2009. The economy is definitely killing the service, but it's a needed service. It's far more useful than Fannie Mae. This is a keep part of the retail economy. For example, Amazon.com is the nation's largest online retailer and it ships a lot of items through USPS, so if the Postal Service dies, a big part of online retail will follow suite.
You guys know that I'm a sucker for a good robot story. A robot is being used for a play in Toyko. It centers around a android caretaker who sites poetry to a dying woman. Very strange, but kind of cool. Watch the video below.