INTERESTING: A lesson to do not hesitate to act

Thursday, January 31, 2008

http://www.ncc-1776.org/tle2008/tle453-20080127-03.html

South Wins!!
by Russell D. Longcore

***Begin Quote***

Over 150 million people are not killed by governments and wars during the 20th century. All because Jefferson Davis did not hesitate to act on a day in July of 1861.

One Man Can Make A Difference.

***End Quote***

Interesting observation.

But like shoulda, coulda, and woulda probably not overly useful.

However, I do like alternate history better than what we’ve got!

# # # # #


POLITICAL: but rebuked the agency for failing to protect the city

Thursday, January 31, 2008

http://apnews.myway.com/article/20080131/D8UGR23G0.html

Katrina Lawsuit Vs. Army Corps Dismissed
Jan 31, 6:26 AM (ET)
By CAIN BURDEAU and MICHAEL KUNZELMAN

*** begin quote ***

NEW ORLEANS (AP) – Saying his hands were tied by law, a federal judge dismissed a class-action lawsuit against the U.S. Army Corps of Engineers over levee breaches after Hurricane Katrina, but rebuked the agency for failing to protect the city.

*** end quote ***

Sovereign Immunity?

“Rebuked” — big deal. They got there paychecks and pensions. The folks get screwed!

The gooferment is just here to protect and serve … … itself!

# # # # #


TECH HARDWARE: OLPC can’t deliver!

Tuesday, January 29, 2008

http://hardware.slashdot.org/article.pl?sid=08/01/25/0625206&from=rss

Big Delays, Small Laptops: OLPC XO Recipients Mad
Posted by Soulskill on Friday January 25, @08:15AM
from the give-one-get-one-if-you-are-lucky dept.
Portables Hardware

***Begin Quote***

PCWMike writes to tell us about the growing concern over the failure of OLPC to deliver laptops to some of its customers. PC World editor-in-chief Harry McCracken notes that record-keeping was poor for some of the people who paid via PayPal. A report on LinuxJournal also suggests that customer information was lost due to errors in the database software used by OLPC. Quoting PC World: “OLPC spokesperson Jackie Lustig acknowledges problems with the ordering and the fulfillment process, but says the biggest challenges are a short supply of XO laptops and the organization’s ability to meet consumer demand for the XO laptop. Some also wonder whether chronic delivery problems for Give One, Get One donors may bode poorly for the 15 countries slated to receive nearly 500,000 XO notebooks. Lustig says delivering in bulk to just over a dozen countries is infinitely simpler than processing and delivering 80,000 individual laptops.”

***End Quote***

Guess I wasn’t lucky. Now the “early January” date has slipped to “maybe April”. Argh! What did these guys take lessons from Dell? They should have outsourced it to Amazon!

# # # # #

 

text


MONEY: Creating a ladder — continuing the conversation from where I left off

Sunday, January 27, 2008

http://tinyurl.com/3c2bup

MONEY: Creating a ladder

***Begin Quote***

You walk in on January 2nd with your 16k$ and buy A one year, two year, three year, and a four year cd for 1k$ each. You also buy a Ninety day, One Hundred Eighty day, and a Two Hundred Seventy day cd for 4k$ each.

***End Quote***

http://tinyurl.com/34fycg

MONEY: Deploying a CD ladder isn’t easy

*** begin quote ***

And, if your account goes over the FDIC insurance cap, I’ll set up the overflow with my competitor down the street.

*** end quote ***

Well, picking up from where I left off, it’s very easy to flow over the FDIC 100k limit. So one has to plan ahead to avoid this problem. For example, in the example of a five year quarterly cd ladder, one has 20 slots to fill. Assuming the 100k limit, then one is limited to 100,000/20 or 5k$. If you do a five year twelve month cd ladder, then the limit is $1,666.66. So, you’ll be using different banks to avoid that.

Now if one wants to have say 100k in retirement income, that’s 5% of 2M$.

(Before you do a Redd Fox — clutching your heart and exclaiming this is the big one — recognize that this is not much in terms of inflation and costs in retirement. Not when a ride on the NJ Turnpike is going to cost 50$! Argh!)

So, how does one develop a 2M$ ladder? And, how do you grow into your own “annuity”?

2M$ across a 20 rung (4 Quarter by 5 years) comes out very neatly to 100k$.

So you need 20 DIFFERENT FDIC banks for your CDs at full capacity. You are always taking the interest, so you never rollover the entire cd.

Since most folks I know don’t start with 2M$, how do you do this organically?

I suggest that you start with one bank and target your deposits with an eye to the magic 100k five year cd. So assume that you can “save” 5k/year, then it’ll take you 20 years to get to that 100k target. (Don’t be discouraged! Make a game of it.) Each year you buy a five year cd for your 5k, rollover interest, and as you “range in” on your goal tune your maturity to have it all come due at the same time.

Do it in your IRA and it’s tax deferred.

The more you save the faster you get there.

Seem “easy” in terms of the financial injineering!

:-)

# # # # #


TECH HARDWARE: Sitting on the back seat was a … …

Sunday, January 27, 2008

http://apnews.myway.com//article/20080126/D8UDG2N00.html

Photo Clues Lead to Camera’s Owner
Jan 26, 4:43 AM (ET)
By BRIAN BERGSTEIN

***Begin Quote***

At dusk on New Year’s Eve, Erika Gunderson got into a taxi in New York City and entered a digital-age mystery. Sitting on the back seat was a nice Canon digital camera. Gunderson asked the driver which previous passenger might have left it, but the cabbie didn’t seem to care. So Gunderson brought it home and showed it to her fiance, Brian Ascher. They decided that the only right thing to do was to find the owner.

***End Quote***

I won’t spoil the story by revealing the ending, but …

… why don’t electronic devices have a return address?

… why don’t all cell phones suggest an ICE (In Case of Emergency)?

… why don’t more people try harder like these folks?

# # # # #


INTERESTING: homicide of an unborn child

Sunday, January 27, 2008

http://www.covenantnews.com/abortion/archives/037719.html

January 26, 2008
Driver Charged in Crash That Killed Woman’s Unborn Child

***Begin Quote***

KITTANNING, Pa. — An Armstrong County woman has been charged after a car she was driving crashed into another vehicle, killing the other driver’s unborn child. Fifty-three-year-old Sheila Marlene Altman of Ford City has been arraigned on charges of vehicular homicide, drunken driving, homicide of an unborn child, involuntary manslaughter and aggravated assault.

***End Quote***

What I find interesting is that the gooferment picks and chooses when someone becomes a person deserving of its protection. The Constitution does cite the “right to life” as one of the principle reasons for the existence of any government. In this story, it’s an “unborn child”; if they were talking about abortion, it would have been a fetus. I’m confused.

Please don’t think I’m for driving carelessly, negligently, or stupidly. I am for a little consistency.

# # # # #


INTERESTING: Another lesson that I didn’t get in school

Saturday, January 26, 2008

http://www.frugalsquirrels.com/cgi-bin/ubb/ultimatebb.cgi?ubb=forum;f=64;hardset=0;start_point=0;DaysPrune=0

Another lesson that I didn’t get in school.

(I’m learning even at my advanced age that there are many!)

I read some “patriot fiction” from the above link. Mostly TEOTWAWKI (The End Of The World As We Know It) stuff.

(Amazingly good, Some surprisingly long. Interesting twists. Some technical stuff obviously cut ‘n’ pasted.)

The interesting part of it is that one quickly realizes that humanity can’t survive without the cooperation of all the folks.

That’s clearly a lesson that the politicians have “forgotten”. As you listen to how they pander, pontificate, and prevaricate in their speeches and debates, one realizes how they miss the essence of society and how “short” the fall on the “leadership standard ruler”.

That’s clearly a lesson that the people have never learned.

That’s a lesson that “big business” has to relearn. Management gurus like Tom Peters and the quality guys have been stressing for ages to no avail. Having come thru layoffs many times, it’s clear that some organizations don’t value their “human resources”.

People first; you can’t succeed without them. Heck, you can’t survive without them. You need to find the ways to align interests.

Another lesson that I didn’t get in school.

Sigh!

# # # # #


Follow

Get every new post delivered to your Inbox.

Join 1,061 other followers

%d bloggers like this: