mercoledì 27 gennaio 2010
Underwater home values
The time to handle underwater home values is when the loan is made, not later. For example, in Italy you can not get a mortgage for more than 60% of the value of a house unless you are a bank employee in which case it goes up to 70%. Having put 30 to 40% of the price of a house as a down payment means people are more likely to take an interest in maintaining the value of a house. Of course this requires the patience to accumulate a down payment. While Italians are typically very impatient in traffic, they are more patient than Americans financially. Most Europeans are raised to avoid excessive debt. Americans are constantly encouraged to build more debt. A very bad approach that is now bearing fruit: poisonous fruit.
sabato 16 gennaio 2010
A case for astrology
The claims that astrology or the position of celestial bodies could influence people seemed to be based solely
upon non-scientific reasons. In 2000 I heard it discussed on a TV stock market broadcast that possibly
market behavior could be predicted using astrological techniques.
But basically astrology is just about relating the position of the stars to the time of year.
A couple years ago there was a study that traced the unusually high incidence of spina bifida in Scotland to insufficient folic acid in the fetus at a certain stage of development.
This means that if foods high in folic acid are not available at a certain time of year, it could affect the development of babies conceived some time before that.
So in this case the season or astrology does influence the future of the baby.
upon non-scientific reasons. In 2000 I heard it discussed on a TV stock market broadcast that possibly
market behavior could be predicted using astrological techniques.
But basically astrology is just about relating the position of the stars to the time of year.
A couple years ago there was a study that traced the unusually high incidence of spina bifida in Scotland to insufficient folic acid in the fetus at a certain stage of development.
This means that if foods high in folic acid are not available at a certain time of year, it could affect the development of babies conceived some time before that.
So in this case the season or astrology does influence the future of the baby.
A case for ghosts
Someone leaves a seat and a few minutes later you sit in the same seat.
You can feel the heat from the previous occupant of the seat. Maybe it was a soft seat of a material like leather or plastic that holds the shape for a while so you can tell roughly the size of the person.
A person you know leaves a room and some time later you enter the room and recognize their cologne.
In each case although the person is gone, there is a residual indication left inadvertently by the person.
Birds have senses for direction that people do not seem to have, but there may be in some people a form of this sense which helps them to have a keener sense of direction.
So although we do not know definitely all the senses that human beings have, it is possible that some people have unrecognized abilities to sense things other people cannot.
It is possible that when people die, there is a residue left behind that some, but not most, people can sense.
Possibly the residue is more apparent in some cases than others.
These factors could explain the perception of so-called ghosts.
You can feel the heat from the previous occupant of the seat. Maybe it was a soft seat of a material like leather or plastic that holds the shape for a while so you can tell roughly the size of the person.
A person you know leaves a room and some time later you enter the room and recognize their cologne.
In each case although the person is gone, there is a residual indication left inadvertently by the person.
Birds have senses for direction that people do not seem to have, but there may be in some people a form of this sense which helps them to have a keener sense of direction.
So although we do not know definitely all the senses that human beings have, it is possible that some people have unrecognized abilities to sense things other people cannot.
It is possible that when people die, there is a residue left behind that some, but not most, people can sense.
Possibly the residue is more apparent in some cases than others.
These factors could explain the perception of so-called ghosts.
giovedì 14 gennaio 2010
The World Health Organization
If the following statement from an article on Bloomberg is correct, I have little confidence in any estimates coming from the WHO:
About 33.4 million people were infected with the AIDS- causing virus worldwide as of the end of 2008, according to the WHO, making it the world’s most prevalent infectious disease.
How can they state 33.4 million? If they said about 30 million, or tens of millions, I could accept it, but there are so many reasons for it NOT being about 33.4 million that it reflects upon the integrity of anyone giving such a precise number.
A similar situation occurred after the Pacific tsunami which eventually killed over 200, 000 people. The initial numbers were invariably precise: 2,581, then 31,528. All ridiculous to anyone on the spot or who had seen images of the devastation.
About 33.4 million people were infected with the AIDS- causing virus worldwide as of the end of 2008, according to the WHO, making it the world’s most prevalent infectious disease.
How can they state 33.4 million? If they said about 30 million, or tens of millions, I could accept it, but there are so many reasons for it NOT being about 33.4 million that it reflects upon the integrity of anyone giving such a precise number.
A similar situation occurred after the Pacific tsunami which eventually killed over 200, 000 people. The initial numbers were invariably precise: 2,581, then 31,528. All ridiculous to anyone on the spot or who had seen images of the devastation.
mercoledì 13 gennaio 2010
Where is the Transportation Security Administration when you need them?
About 3000 people have been killed by aircraft terrorists in the last 10 years.
In the same period roughly 200,000 people in the US have been killed in car accidents (if that is really the term for it) involving drunken drivers.
So why is so much attention given to the terrorists and so little to drunken drivers? TSA should have agents patrolling the roads all over the country between 1700 and 0300 looking for drunken drivers. It would give lots of people jobs, sell lots of cars to the TSA, and reduce the number of people who die on the roadways.
In the same period roughly 200,000 people in the US have been killed in car accidents (if that is really the term for it) involving drunken drivers.
So why is so much attention given to the terrorists and so little to drunken drivers? TSA should have agents patrolling the roads all over the country between 1700 and 0300 looking for drunken drivers. It would give lots of people jobs, sell lots of cars to the TSA, and reduce the number of people who die on the roadways.
martedì 12 gennaio 2010
Government financial forecasts and the media that repeats them
I just read that the administration is considering a tax on banks that will recover a certain sum over10 years. This is the same kind of thinking that 10 years ago had the media reporting that the government expected a budget surplus of $1 trillion over the period to now.
These clowns cannot forecast with any degree of accuracy one year forward and they are telling us how it will be in 10 years. And the media just repeats the numbers with never a challenge.
These clowns cannot forecast with any degree of accuracy one year forward and they are telling us how it will be in 10 years. And the media just repeats the numbers with never a challenge.
domenica 3 gennaio 2010
Representation without Taxation or Public Service?
There seems to be much concern about excessive taxation and complaints about the growth of government.
This has not happened overnight and it may take a long time to slow the growth of government.
Part of the problem with the American (and other countries as well) arrangement is that people are entitled to rights and privileges such as voting without ever having contributed in any way to the country.
It would not be difficult or absurd to require some form of public contribution before a person could claim any rights.
This will not happen soon in the US because there are too many people who wish to take without ever giving.
This has not happened overnight and it may take a long time to slow the growth of government.
Part of the problem with the American (and other countries as well) arrangement is that people are entitled to rights and privileges such as voting without ever having contributed in any way to the country.
It would not be difficult or absurd to require some form of public contribution before a person could claim any rights.
This will not happen soon in the US because there are too many people who wish to take without ever giving.
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