Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Saturday, February 08, 2025

My New Job.

I dont think I've said anything on this blog about my new job. I quit being a teacher during the Christmas break. I am now a salesman for Quality First. It is such a good change. The work is fun and I am making twice the money I made in as a teacher. I think a lot of people do not understand the role of a salesman. Essentially, this is what my job is: I keep tradesmen employd, I keep factory workers employed, I improve the comfort of homeowners, I increse the value of houses, I make the world more aestheically pleasing. And that is why I am paid as much as I am paid. But, you may ask, how do I keep involved in the world of history, government, and economics? My wife still teaches all those subjects, and I write her tests. Its the best of both worlds.

Wednesday, October 18, 2023

Oktoberfest

One of the fun things I do at work is that I play a little jodel (I know, it's swiss but they wear lederhosen and dirndle. on the screen for my students every morninng in October and give them a few extra credit points if they show me they've learned to jodel by the end of the the month.) Tey seem to enjoy it and some of them desperately need the points by the end of October, when the midterm exams happen.

Today, Kathleen and I shared a guest lecturer from F.E.E.. First he came to my school and spoke to my two classes of economice on business ethics, a lecture I would have titled The Beauty of Profit. It was truely was beautiful. I wish I had recorded it. After the presentation, when the guest lecturer had left to go to Kathleen's school, one of my students said, "It was like having Henry Hazlitt talk to us", and she was right.

At the end of the School day we took the lecturerer from F.E.E. out to dinner at Teske's Germania, a resturaunt in San Jose. (I was there once before, when I was 26 years old, that was more than half my life ago.) Kathleen ordered the Schweinshaxe. I ordered the Jagerschnitzel. When the dishes came to the table she was grossed out and didn't want to eat what she had ordered. So we traded dishes and, wow, I am glad we did! I have a new favorite food. When I came home I looked up the recipe online and it looks pretty easy to make. I am sure I will be able to convince her that it is good.

In other news, Son #3 called me from Peru. His submarine has been at sea for a couple of weeks, and i knew he was headed south, but I didn't know he was going to be stopping in at Peru. It sounds like he is working hard but having fun.

Son #4 is applying to universities. I think the four on his list are Hillsdale College (In America the words University and college are, mostly, interchageable.) California Maritime Academy, Montana State University, and San Jose State University. Personally, I wish he were not considering San Jose State but, I think he wants to live with his mother and save money on room and board. I'm much prefer he go to Hillsdale or Montana state where there are very active OCF chapters, or to Cal Maritime where the gradutes have the highest average starting salaries of any college in California, but I think he just sees the expense of room and board and wants to avoid it.

And finally, the highschool clay target shooting team I coach is in second place in our conference this season. That is much improved from #39 out of 54 that we placed last season. The team is really working hard and it shows.

Sunday, October 23, 2022

So much news.

Well, dear reader, there is much that goes on in life. I'll start with work, which is going wonderfully. I teach two sections of U.S. history, and one section each of civics, world history, and A.P. goverrnment. It is so much fun I can hardly stand it. Here is an example: In my civics class I have had my students read Aristotle, Cicero, John Locke, parts of Isaiah, all of Judges, and the first two chapters of Forest McDonalnd's Novus Ordo Seclorum. I was going to have them read the third chapter, which deals with the economic ideas underpinning the American Revolution and our ConstItution but I realized that most of my students don't have the background to understand that chapter. So, what are we doing? We are reading childrens books together! Yes! I read A Year at Maple Leaf Farm to them and had them identify every instance of production, consupmption, capital preservation, life preservation, and conservation of natural resources. Then we did the samething with The Ox Cart Man but this time I told them to keep in mind John Locke's discusions of property, waste, savings, and surplus. Then, on Friday I assigned each of them one of Laura Ingalls Widler's Little House books and assigned them a 10 page essay (in Chicago Style) on the economic ideas contained in the books. And in addition to the classes I teach I am the faculty advisor to the gardening club and the internatinal relations club. It is just so much fun!

My son Basil Wenceslas (I think I mentioed in a previous post that the graduated from high school two years early) just registered for twoclasses (U.S. history and U.S. government) at EVCC. He says he is prepearing for transfer to the Maritime Academy but he just turned 17 and his plans might change. Also, he is my hunting buddy. We go pheasant hunting on Saturdays.

I have cooked two pheasants and pheasant sausauge, and have smoked pheasants in the fridge. The only thing is that I don't enjoy running the dogs. I think from now on I'll leave that to Kathleen. I can't manage the dogs and shoot at the same time, and she likes running the dogs and is better at it than I am. Basil just likes shooting and then rewarding the dogs when they bring him the pheasants.


Anselm has a girlfriend. I haven't met her but Athanasia has has met her and says the girl, (Woman actually, she is a 23 year old speech therapist.) is good to our son. But Anselm is about to go on a 7 month mission and we will see if the relationship will last; 7 months is a long time to a 23 year old.

I am making 12 more fruitcakes today. This brings the total up to 30. It is much fun and is probably my favorite Christmas tradition. I think I have enough dried fruit to make another 16 but I'll Not make them today; maybe next week. It is hard to believe I've been doing this for 11 years. While I am baking thim I am listening to a recording of the Fireside Christmas Stories. It isn't even Advent yet but I am already enjoying Christmas.

Tuesday, June 07, 2022

Teaching High School in the Age of Wokeness

The HR director in the the school district I work in the most has asked me to apply for one of their vacant social science positions. It would be a lot more money (and benefits!) than I get as a long-term sub. And I would LOVE to teach American history, U.S. government, and economics. In fact, because of all of the prep-work I've done for Kathleen over the past few years I've already written all the lectures and tests I'll need if I take the job. That part would be easy. So what is the hard part? Why don't I apply for the job?

There are two problems. The first is something called the Cal TPA. It is a tool the State of California uses to winnow out people who don't agree with the pedagogical philosophy and social mission of the system. I wrote a TPA a couple of years ago and it was rejected. I could do another one, I know what they want me to say, but I think it is wrong. I think, that for teaching history, especially, that reading history and writing history (with Chicago style footnotes and bibliography) is the best way. But the state wants teachers to embrace the idea that different people have different styles of learning and to use all those styles at once, to adapt each lesson every day to every student's imagined learning style, even though there is no evidence that that helps students learn more. But the woke mob doesn't want kids to read and write real history, such as those books written by Thucydides, Julius Caesar, James McPherson, SShelby Foote, Paul Johnson, David McCullough, and Winston Churchill. But the woke mob just sees white male opressors in that list of names. The woke mob only wants Howard Zinn the plagiarizer, the communist, the liar, the perverter of the minds of children. (I do think students need to know about Zinn, but not because he is right. They need to know about him because he is influential and wrong. Very extremely wrong.)

I think that for teaching U.S. Government one must start no later than the Mayflower Compact, but preferably with Moses and Plato for one,really, can't understand The Mayflower Compact without reference to the Bible and The Laws. and deal with the English Civil War, Separation of Powers (No, it did not start with Montesquieu, but with Moses and Isaiah. But I would still have my students read Montesquieu.), John Locke's Two Treatises on Government because they are the foundation of The Declaration of Independence, and the Declaration of Independence because it it is the foundation of the Constitution, and the Constitution (article by article with accomanying readngs from the Federalist Papers for who better to the explain the Constitution than the men who wrote it?) because the Constitution is the foundation of all our laws. But the woke mob only sees white male oppressors. They (according to a recent poll, more than 90% teachers in my area) think training studendents to "change the world" a la Paulo Freire, Saul Alinsky, and Angela Davis is what they ought to be doing, not teaching them what our civilization has learned over the millenia, which is what I think teachers ought to be doing.

My economics class would start with watching two movies. Yes, this is such an enormous departure from the book-based pedogogy of the history and government classes but these are such a good movies for introducing economics and illustrating why economics is important. The movies are I, Pencil and The Road to Serfdom. From there we would talk about the history of economics beginning with Sargon of Akkad, ancient Chinese economic philosophy (special attention to Confucious since he was and reamins so infuential) and coming up through the French Physiocrats, Adam Smith (with special atention given to the impact of coastal geography on the economies of Japan and Africa),William Bradford's diary of telling of the first communist expiriment in the New World, culminating with reading the The Law by Frederic Bastiat. That would all be in the first three weeks of the semester. Then we would read through Thomas Sowell's Basic Economics, one chapter at a time, culminating with an assignment to read and criticize The Communist Manifesto in 10 to 15 pages. The woke mob would freak out at this because it deals with facts of how the world actually works; how people deal with scarcity, how people make decisions to allocate time and physical resources, and how people reckon costs and benefits of economic opportunities instead of the fantasy of a state-coerced collectivest utopia.

But why do I keep saying the "the woke mob"? Well, this brings me to the second reason why I am not going to apply for the job the HR department wants me to aply for. Like a mob they act as one are irrational and dangerous. While working in the distrct I see lots and lots of indicators that I, really, would not be welcome here as a full-time teacher. First there are all the social-justice activism signs, posters, flags, and murals. The people who put up all these eblems of anti-racism, and [insert oppressed group here] pride are a mob that shouts down disagreement, that looks at the ideas I hold as true and beautiful but sees oppression and hate; their reaction being one of attack and censor. I was only here a couple of days when another history teacher told me the classroom I am subbing in had a teacher but that teacher "was never on-board with the social-justice part of the job." They got rid of him. I know the same thing would happen to me. So there is no future for me as a history, government, and economics teacher in California.

But, maybe, you suggest, a private school would hire me. I've tried that but there are three problems I keep running into:
1. All the schools I have looked at require a state teaching credential and that puts me right back in the TPA problem. (See above.),
2. They are as woke as public schools, or
3. Or they require agreement with a non-Orthodox statement of faith.

But today I came across a school that is looking for a 3 month high school history substitute. I know a couple of the founders of the school, one since I was a little boy in the early 1970s. I know one of the teachers. They are all Fundamentalist Protestants but don't require adhearance to an Orthodox-excluding statement of faith, hmmm, at least, it is vague enough that I think I can sign it. It will pay less than I make working for the government schools but I will apply. Maybe, it will turn into something good.

Tuesday, August 11, 2020

Work for money, work for love

Yesterday I finished all the training for the Census Bureau.  Now I'm just waiting for my boss to call me and tell me when I can go out and start counting people.  I'm pretty excited about it.  It's fun to do a job mandated by the Constitution.

I'm still working part time at Bass Pro Shops.  It is only part time because of Wuhan restrictions.  The health department only lets us serve two customers per hour at the gun counter, and only two customers per hour at the ammo counter; not that we have any ammo.  For example, there is a nationwide shortage of all the most popular kinds.  We've been out of buckshot since March.

My instructor from last semester's waste water management class sent me an email and asked me to apply for a job in his department.  He is the director of public works for a small city here in the Bay Area.  I  submitted my application late last night but wont hear anything until October.  Governments have very slow hiring processes.  This brings to three the number of waste water management departments I've applied to since I finished the training.

Also yesterday, I helped Kathleen with her classes.  I wrote the first assignment for her history class (it has to do with identifying values that motivate people to make the decisions we call history) and gave her the readings and assignments for the first six weeks of her economics class.  Plato, Aristotle, Bastiat, Marx (He's been in the grave for 140 years but he is still killing people.), Smith, Hazlitt for the first six weeks.  In the second 6 weeks, I think, she is going to do Hayek, Friedman, and Keynes.

Today I began growing bacteria for the garden.  Yes, we are composting but I think the nutrients we have been putting into the soil are not getting into the plants because the bacteria are getting killed by the heat.  (Hot soil is a hazzard of growing in raised beds.) So now I am growing bacteria and in a few days I will pour it all over the garden.  Then I'll cover the ground with a good mat of straw to keep the soil from getting too hot.

Monday, August 03, 2020

Saint Basil's Day (The other Basil)

Today is the feast of St. Basil of Moscow, the patron or my youngest son.  So, while praying the ninth hour today we got to sing the Troparion for St. Basil of Moscow.

Most of the beets, kale, and pumpkins - all the pumpkins, actually- we transplanted two weeks ago were destroyed by squirrels.  But we are still getting 5 or six big tomatoes, a dozen little cherry tomatoes, and three or four zucchini every day. (The squirrels, even though I shoot them, get more of the zucchini than we do.)  I've put up six quarts of pickles.  I really wanted more pickles but there have been very few bees in the garden this summer, so thought there have been many flowers there have not been many cucumbers.  I don't know what to think of that.  The carrots did not do well.  But the bell peppers are doing amazing.  The pumpkins we planted back in February were harvested and all but one given away.  I started more cantaloupe and pumpkin 2 weeks ago on the back balcony.  Tomorrow I'll transplant then into the garden. The turnips and radishes did really well but I'm really the only person in the house who likes them, so I won't plant any more, I think.

A word about the tomatoes:  The Cherokee purples did not do well.  We only got three or four off each vine.  The real star among the tomatoes this year is the Lemon Boy vine.  It is prolific and is the best tasting tomato I have ever had.  We might plant three or four of them next spring.

I ordered some short growing season watermelon seeds from Baker Creek.  They should be here in a couple of days.  I'll sew them directly into the ground and hope to harvest them in early October.

Kathleen and I have been doing a lot of fun stuff this summer.  We go shooting at Coyote Sporting Clays pretty often.  And, of course there are all the trips to Tahoe/Truckee/Reno.  (Basil and I went last Sunday and Monday.  He had a great time on the boat.)

Something kind of neat happened at dinner tonight.  Kathleen and I were talking about the reading list (Bastiat, Smith, Friedman etc.) for the economics class she teaches when Anselm, who graduated from high school two years early so did not take the economics course high school seniors take, asked Kathleen if he can take her class.  And since she, like all teachers in the county, is teaching online he can take it.  

Sunday, July 08, 2018

A little vacation in a free RV

Kathleen, her kids, and I went to Donner lake for a week.  We left San Jose last Sunday after church and drove in a motor home.  Let me tell you about the motor home.  We got it from https://www.freervrental.com/ and it was a dream.  It has less than 60,000 miles on it, everything works, it is super well equipped with everything you can imagine needing on a camping trip, (I especially like the outdoor rug the company provided so we could sit out side and not get dirty.), and it is spotless.  This company is so excellent that Kathleen did a lecture about them in her economics class.  We get one more free week.  I can't wait for Kathleen to tell me where were are going to go next.

We had to pick up the RV in Morgan Hill so, from there we left the bay are via the Pacheco Pass over the Diablo Mountains.  Of course, we stopped at Casa de Fruta.  It was the first time Kathleen and her kids had ever been there.  It was fun to watch them enjoy it for the first time.

Coming down into the San Juaqin Valley I began to feel very nostalgic.  Sometimes, I think California holds too many memories for me and that is why i have to leave.  If there were people in my life to whom I could say, "remember when Uncle Fred burned himself with the pressure cooker?" Or "remember when Bryan and I  went swimming in the pigs' watering hole?"  Or "remember when I taught Billy and Devon to shoot a pistol in the eucalyptus grove?"  "Remember when Ken almost drown in that irrigation canal?" "Remember when the fog was so thick on 99 that everyone had to drive 5 miles per hour?" But my parents are  dead.  I don't see my siblings much.  I'm divorced from the women with whom I made the most memories.  My oldest son is dead.  I haven't seen my second son in years.  So, here in  California there are a thousand things each day that prompt me to ask, "remember when?" but there is no one to answer.  But I still have a couple of decades left, maybe.

Kathleen took me somewhere I have never been; someplace that doesn't make me remember anything.  For this trip we stayed at Tahoe Donner.  Kathleen's dad (He's a real knight.  Not something you come across very often in America.) owns a house there so she is a member and has access to all the amenities. For example, we parked the RV, ate most of our dinners, and played volleyball and table tennis at the campground. We swam, saunaed, jacuzzied, steam roomed, and flopped on super comfy couches at the Trout Creek center.  We swam, and ate pizza (my first pizza in a very long time.  I won't do that again.), played bocce ball, and shot arrows at the Northwoods Clubhouse.   On Independence Day we drove up to the top of the ski slopes at Tahoe Donner and watch the fireworks over the lake.

A friend from Reno came up the mountain and spent one afternoon with us at the Northwoods Clubhouse.  Another day we walked around Truckee.  One morning we went fishing but were not successful.  I am sure our poor angling performance was due more to all the powerboats on the lake than any lack of fishing skill on our part.  Kathleen and I left her kids at the campground and went to Reno for a couple of hours.  We took some pictures under the famous sign on Virginia Street.  Had coffee in one of the casinos but did not gamble.  The best part of Reno was buying old post cards at an antique store to mail to Sons 3 and 4 (Son three is staff at a Boy Scout camp all summer and Son 4 is not well enough to travel.  Although the doctors have him on lithium now and he seems to be doing better.) ,  Kathleen bought a wallet for me there, and I bought her a turquoise necklace.  Oh, I can't forget stopping on a tiny Indian reservation to buy pipe tobacco.  It was 40% less than I would pay in California and the profits went to the descendants of the first people who grew tobacco.  It was a win-win!  We also went to Squaw Valley and listened to a blues band in the little village.  They might have sounded better if we had been drinking.

We cooked out over a fire almost every night.  My food is kind of boring now - just meat and low carb vegetables - so I won't write much about it.  But I did make some desserts for Kathleen's kids.  I showed them how to wrap bananas, marshmallows, and chocolate chips in aluminum foil and set it in the hot coals to cook.  I helped them make s'mores almost every night.  I also tried to make a giant chocolate chip cookie in a skillet over the fire, but I forgot to adjust for altitude.  It came out like a giant souffle!  Everyone said it was amazing good but it wasn't what I was trying to make.  Oh, well.

On the way home from the mountains today I stopped in Roseville to pray at St. Anna Greek Orthodox Church.  It is a beautiful town; clean like San Diego or Disney World.  And the church was super welcoming.  There is something so beautiful and comforting to walk through the doors and instantly be in Heaven.


Wednesday, January 17, 2018

Be Wary

I have been working at a local high school since November; teaching U.S. history, government, and economics.  Every day I've walk into that classroom with one goal for the students; that they will learn these words and take them to heart.

"Experience should teach us to be most on our guard to protect liberty when the government's purposes are beneficial. Men born to freedom are naturally alert to repel invasion of their liberty by evil-minded rulers. The greater dangers to liberty lurk in insidious encroachment by men of zeal, well-meaning but without understanding." —Justice Louis Brandeis, Olmstead v. United States, 277 U.S. 479 (1928)

Tomorrow is the last day of my assignment at this school.  I hope I have succeeded with some of them.

Friday, November 24, 2017

Day after Thanksgiving

Fruited Molasses Balls and Cranberry-Walnut Pie
    On the 21st of November was the feast of the Entrance of the Theotokos into the Temple.  In the West the same feast is called Presentation, which is nice because I made poached pears to celebrate, which means that they were Presentation Poached Pears.  I like alliteration.  It's fun.

     Also, on that day I began a 30 day assignment for San Jose Unified School District.  I'm teaching government, economics, and American History.  It is much fun.  My students haven't had a teacher since school started (lots of substitutes who only stayed one or two days in the classroom) so they are far behind. 

     Yesterday was Thanksgiving.  Just about everything that could go wrong did go wrong.  So I won't dwell on it.  Well, we did get up to SF and back without incident so that is something for which to be thankful.  And Kathleen cooked an amazing acorn squash.  I am thankful for that, too.
Harley with gold flake paint
   
    Today, everything went right.  Kathleen and I woke up early and went to Savers, a second hand store, to take advantage of the black Friday sale.  She got amazing deals.  I found a bunch of tins to use for Christmas cookies.

     Then we went shopping for a motorcycle.  I think we found one.  I think she likes it more than I do.  I'd prefer gold flake paint but she likes this one with the maroon paint more.   Also, it has the features we require:  plastic frame leather saddle bags big enough to carry laptop computers, papers, and books, a passenger seat, a sissy bar with mini-luggage rack, and an engine guard because all motorcycles wind up horizontal on the pavement at least once.
Kathleen and I on a Harley

We didn't buy it.  We'll probably wait a couple of weeks.  But the mini-van I've been driving isn't going to last long (It has billions and billions of miles on it.) and it only gets 17 mpg, so we'll have to purchase soon.

After shopping for a motorcycle and getting the salesman all excited we gave him our contact information and left to got get my sons, Anselm and Basil.

When we got home it was time to make fruited molasses balls and cranberry walnut pies to give away.  That is my favorite thing.  I love cooking and baking for other people.  And being able to cook and bake with my sons is even better. I'm not able to eat any of it, or the four fruitcakes that are aging downstairs, or the Christmas cookies I'll make tomorrow, but I do love making all of it and giving it away.

     Oh, I should mention that I still haven't had any alcohol since 7:35 a.m. on August 24 and have lost 70 pounds.  Kathleen emailed my doctor about me (I didn't know until today) and the doctor wants me to go in for lots more tests.  It seems I am, a medical curiosity; most people who quit alcohol after drinking as much as I was drinking have heart attacks and stuff.  Well, when I have time I'll go see her.  But right now I have no symptoms of diabetes and my weigh is still going down a little but each day so I'm happy.

     While the first batch of yum was in the oven the boys went out to the garden and planted another bed of celery, cauliflower, and Brussels sprouts.   Then we played cards; Kings Corners, a game my mother used to play with me when I was a boy, while pies baked.

It is evening.  The boys are at their mother's house now, and I am grading papers from last week.  I am very thankful.

Wednesday, October 09, 2013

Deficits and Lies

While driving to Concord yesterday, I listened to the President's press conference.  I wasn't surprised by anything he said.  However, near the end of the press conference he said, "You know, if you're concerned about long-term debt, that's a good thing to be concerned about, but don't pretend as if America's going bankrupt at a time when the deficits have been cut in half."  

Cut in half?  Really?


Here are the budget deficits for the last few years:

FY 2013     $973 billion (Obama)
FY 2012  $1,087 billion (Obama)
FY 2011  $1,300 billion (Obama)
FY 2010  $1,294 billion (Obama
FY 2009  $1,413 billion (Bush)
FY 2008     $458 billion (Bush)
FY 2007     $161 billion (Bush
FY 2006     $248 billion (Bush)
FY 2005     $318 billion (Bush)

So, here is my question.  How is the current deficit of $973 billion half of any of Obama's previous deficits?  How is $973 billion half of Bush's largest deficit? So, the President lied.  Or he's stupid. 

And quite apart from that, these deficits do not even include all the increase in our national debt. The federal deficit is the amount each year by which federal outlays in the federal budget exceed federal receipts, but the gross federal debt increases each year by more than the amount of the deficit each year. That is because an enormous amount of federal borrowing is not counted in the budget.

Thursday, March 14, 2013

Advice for young men

I am 44 years old.  I have two divorces cut into me.  Here is my advice for avoiding my situation.

1.  Make yourself ready for marrige before you get married.  This includes but is not limited to...
2.  Finish school.  I do not mean be graduated from college. I mean have school behind you before you marry.  Whether that is highschool or a Ph.D. program be trough with it before you marry.
3.  Get estalished in a career
4.  Buy a house
5.  Don't waste money or time.  Your 20s are not your teens.  Save save save.  Let the grasshoppers play.  You be the ant.
6.  Do not marry a woman older than 22 if you can help it.  DO NOT marry a woman older than 30. Women of that age have been running their lives for years and are not going to give up that control.
7.  Look at the family the woman comes from.  Is there divorce or mental illness?  If so, run.  Do not let yourself fall in love with that woman.
8.  Look at how her mother treats her father.  Look at the marriages of her siblings.  Can you live like that?
9.  Consider a monastic vocation.
10. Heed the warning of "The Quiet Man".  Do not be weak, do not be afraid, and do not fail.  You must never ever lose her respect.  No woman wants to be married to a failure.
11.  Get to know her well enough that you can pick out presents for her that she will like.  Some women will like knitting needles.  Some will like pearls.  Make sure you know what she likes before you marry her.
12. Politics matters.  Do not marry a principled paleo-con if you are a principled neo-con.  It is difficult to maintain respect for each other if you think each other to be idiots.  Opposites might attract but they make for difficult marriages.
13. Do not go into debt.  Not for school (there is a glut of college graduates on the market.) Not for cars. But maybe for a house.
14.  Does she always need excitement?  Is she easily bored?  If so do not marry her.

Saturday, March 24, 2012

Making money on the mark of the beast (this is a stock tip)

I have no doubt that NFC technology will be key to the Beast's control over the economy, but it seems to me that there is no reason not to make some money off of it before he turns it to evil.  So, if you want to make a lot of money over the next 5 years you should take a look at NXP Semiconductor (NXPI).  

Why I am recommending it:

1.  NFC is a key technology in rapid flow of money, and money's favorite thing to do is move.
2.  NFC technology is being built into all personal electronic devices, such as smart phones and tablet computers.
3. NXPI is the leader of the NFC industry
4. NXPI is the excusive supplier of several of the largest device manufactureres
5. NXPI owns many patents that are crucial to the NFC industry
6. Every credit card, check, debit card, and Federal Reserve Note in your wallet represents a money moving system for NXPI to dislocate.
7. The price of the stock, as measured against reasonable potential earnings, is very low.

Thursday, July 14, 2011

They Lie and People Believe Them

Have you heard about how George W. Bush squandered the Clinton budget surplus?  I heard it again today and am shocked people still believe this fabrication.  Starting with FY 1993, the last G.H.W. Bush budget here are all the totals for the National Debt and the yearly Budget Deficit.  If any year had been in surplus the National Debt for that year would have been smaller the the National Debt at the end of the previous year.  But that was never the case.  Here are the facts:



Fiscal
Year
Year
Ending
National DebtDeficit
FY199309/30/1993$4.411488 trillion
FY199409/30/1994$4.692749 trillion$281.26 billion
FY199509/29/1995$4.973982 trillion$281.23 billion
FY199609/30/1996$5.224810 trillion$250.83 billion
FY199709/30/1997$5.413146 trillion$188.34 billion
FY199809/30/1998$5.526193 trillion$113.05 billion
FY199909/30/1999$5.656270 trillion$130.08 billion
FY200009/29/2000$5.674178 trillion$17.91 billion
FY200109/28/2001$5.807463 trillion$133.29 billion


So you see?  Even in his best budget year Wm. J. Clinton, working with the brilliant lights in the U.S. Congress, still added $17.91 billion to the U.S.'s National Debt.

Thursday, June 30, 2011

Economics of Children

Anselm Samuel traded two rolly-polly bugs, one moth and one lady bug for three pokemon cards at camp today.   He seems to think it was a good trade.

Thursday, June 16, 2011

California

A hilarious comment on an article about California being ranked at the bottom for personal liberty:


"Ha! You laugh at California now, but wait till we get the $45 billion bullet train between Modesto and Bakersfield completed. That will be the biggest money maker you have ever seen. People will come from all over the world to ride it, and many thousands of jobs will come back to our state. You will see"

Friday, January 07, 2011

Money by Religion in America

1. I was surprised to see Orthodox Christiansare so rich.  It hasn't been my experience in the parishes I attend. Must be the other jursidictions.

2. Not surprised by the Jews' wealth.

3. At first I was surprised by the Hindu wealth, but when I thought about it I realized every Hindu I know is a software devolper, car dealer, gold merchant, or real estate investor.  I think their wealth in this country is a function of our immigration policies.

4. Not surprised by Evangelical Christians lack of wealth.  Despite the visibility of a few dozen rich mega-churches and their leaders the vast majority of the Evangelical churches are tiny (fewer then 50 attendees) and poor.

5.  I am shocked by the Mormon numbers.  I had always thought of them as rich.

Larger picture is here.

Tuesday, August 24, 2010

Investment tip

If I had money and wanted to turn it into more money I think I'd buy GE shares. Its trading near its 52-week low, has a PE ratio of 14, and, this is the important part, sells stuff people have to buy even in a depression. Just consider this one tiny little part of their business: Traffic lights. Next time you are stopped at a red light take a moment to count all the light bulbs (probably LEDs now) at that intersection. But what else do they sell? More like what don't they sell. Jet engines, jet engine parts, medical devices, health insurance, money, appliances (large and small), power plants, measuring devices, aluminum smelters, gauges (They probably made the gauges in the dashboard of your car, or at least, own the patents.), and 10 thousand other products and services. And, this might be my favorite part, they pay dividends (currently at 0.48) year after year after year.

I'm still doing well in silver and analog chips and I don't want to sell just to reinvest the money somewhere else, but if I had extra money and a 10 year horizon, GE is where I'd put it.

In other news, I've discovered that buying real estate is like a part-time job. It takes a lot of time a work. The purchasing experience is not much like buying anything else.

Friday, February 12, 2010

Stocks worth considering

My investing goal is to be able to take care of my wife when we are too old to work. Mostly, I look for companies with little debt, a history of paying dividends, strong brands. I also like to understand the business; who customers are, what the products are, sales cycle, etc. Below are the stocks I currently hold.


LLTC

AAV

MGIC

SWHC

MGIC and AAV are gambles. They do not fit into my regular strategy. But it is worth noting that they are foreign companies. I own them, in part, as a hedge against devaluation of the American dollar. Also, together, AAV and MGIC represent less than 20% my stock holdings. As I said, they are gambles. So far they are winning. But it bothers me that I don't know why. I probably will sell them in the next few months and and put my "winnings" into something I am more comfortable with.

Wednesday, February 03, 2010

Opening Paragraph

One of the professors I have in my M.S.(environmental planning) program is asking the class to answer this question. Is Garret Hardin's "The Tragedy of the Commons" still valid today?

I haven't completed the answer (Short version of my answer: It isn't valid today, it wasn't validin 1968.), I'm only on the third paragraph, but this this is the rough draft of the opening paragraph.

I have to admit that when I think of Garret Hardin I am reminded of a character in J.R.R. Tolkein's novel, "The Return of the King". In that book there was a great villain, an existential enemy of persons of good will called Sauron. Sauron, like most tyrants, I suppose; like, for instance, Orwell's Big Brother sought the enslavement and corruption of those who resisted his will. Failing that, he would settle for their deaths. I am not suggesting Hardin is that important. He is no Sauron. He is no Big Brother. Hardin is not the prime enemy of humanity. He is merely another slave, though a willing one, of that enemy. He is like the man who stood at the Black Gate of Mordor and called himself "the Mouth of Sauron". In much the same way as "The Mouth of Sauron" spoke for Sauron, or like Goebbels spoke for Hitler, Hardin was a wicked and corrupted being speaking for the ancient enemy. His version of mercy, like his master's, was to let malnourished people starve to death, thus fulfilling the words of King Solomon the Wise "the tender mercies of the wicked are cruel". And like all servants of that enemy, he met an ignominious and evil end: Self-murder. But he did not merely kill himself. He perverted that love promised and hoped for in marriage into a pact for mutual-destruction. So, when I consider anything written or spoken by Hardin, when I evaluate his arguments, I keep in mind who's mouthpiece he is, that he advocated death, that he ended his life like Judas, that he destroyed the image of love.