Wednesday, December 28, 2005

John Lennon follow up

In 1979, after Iran took 52 American Embassy staffers hostage, an FM station in Fresno, CA decided to do a radio promotion for the station (Y94). The rally was called "Bomb Iran Rally" and was held in Radcliffe Stadium. On the day of the rally, 3 buddies who had recently started up a new FM station in Fresno (KKDJ) decided to counter the "Bomb" rally - they hired a hot air balloon and one of the guys got in the basket with a giant stereo system (yes, that's what they were called back then) and drifted towards Radcliffe Stadium where several thousand pro-war frenzy Y94 listeners were blaring air horns and cops were pacing nervously. Then as the balloon crossed over the 50 yard line, "Give Peace a Chance" came pounding out of the speakers . . . . . . . the rally fell silent and some began to applaud, causing consternation among the Y94 staffers, a feeling further aggravated when the flyover garnered most of the press. John Lennon to the rescue again.

I read this story in the local SLO "New Times" written by Dean Opperman

Tuesday, December 27, 2005

IPTV

Are you aware of what IPTV is? An IPTV service model offers a complete multi-channel video line-up as well as on-demand programming.

Learn more about it here What is IPTV

Sunday, December 25, 2005

Merry Christmas

Yes, Merry Christmas. It's Christmas Day and I wish everyone lot's of cheer and happiness.

Saturday, December 24, 2005

Apple Computer Valuation !! Wow

Is it possible that Apple Computer could become more valuable that Microsoft?? Maybe. Today, Apple's market cap is $60 billion (from $6.5 bil 2 1/2 years ago).

Thursday, December 22, 2005

World Community Grid

The WGC is just one of several projects aimed at doing research-analytical work using "distributed computing or grid computing". Another project is SETI@home. What is this all about you ask? SETI is all about analyzing electronic noise from space to determiine whether or not anyone is out there. You can imagine how much computing power it takes to do this type of analysis.

That's where grid computing comes in . . . linking together many thousands of computers which are idle and using their computing power to analyze the data.
In 2003, the Human Proteome Folding project came up with more than 40 possible smallpox treatments ina quarter the time it would have taken without distrbuted computing capability.

Yes, you can volunteer your computer to the projects without fear of anything happening to your data or systems. Want to learn more? go to BOINC (Berkeley Open Infrastructure for Network Computing). there you can see other projects and download the software to enable your computing power.

thanks to Dan Logan, author and computer expert for writing about this in his weekly Central Coast Tech column at the SLO Tribune . . . . dlogan@thegrid.net

Wednesday, December 21, 2005

The First Motel in the World

San Luis Obispo lays claim to the first motel. Established 80 years ago just off Highway 101 at the foot of Cuesta Grade, The Motel Inn is no longer in operation but can still be seen. Arthur S. Heineman, a Pasadena architect and developer, opened the Spanish/Mission Revival Inn on Dec 12, 1925 as part of a plan that called for a string of such overnight inns to stretch from San Diego to Seatle. Each would be a day's mortoring apart.

Who says it's the first motel? Well, "Palaces of the Public", a history of American's hotels and motels does.

Monday, December 19, 2005

Why are the Makets harder to trade NOw??

Anyone who trades the stock market knows that it's much more difficult today than ever and we have so many tools to analyze what's going, etc. I thought this remark from Don Worden, whose company develops charting software, is prescient.

"I think we probably have more traders trying to "profit off the news" than has ever been the case in history. Consequently the market gets kicked around from day-to-day by transitory events of fleeting significance. Traders seem quick to jump on events that have no direct connection to even the short-range market outlook. For example, one day's fluctuation in the price of crude oil or in the number of casualties in Iraq offer little valid insight into how the market is likely to be affected a month from now, or two weeks from now, or even next week. But admittedly, playing the micro-moves in the market can yield frequent profits to a skilled, say, hedge fund operator. It doesn't take much thoughtfulness to play the market's fits and starts. "

Sunday, December 18, 2005

Valdez Oil Spill follow up

The Valdez oil spill was a tragic accident that the company deeply regrets. The company took immediate responsibility for the spill, cleaned it up, and voluntarily compensated those who claimed direct damages. ExxonMobil paid $300 million immediately and voluntarily to more than 11,000 Alaskans and businesses affected by the Valdez spill. In addition, the company paid $2.2 billion on the cleanup of Prince William Sound, staying with the cleanup from 1989 to 1992, when the State of Alaska and the U.S. Coast Guard declared the cleanup complete. ExxonMobil also has paid $1 billion in settlements with the state and federal governments. That money is being used for environmental studies and conservation programs for Prince William Sound.
Virtually all Valdez compensatory -- actual -- damages were paid in full within one year of the accident, and the trial court commended ExxonMobil for coming forward "with its people and its pocketbook and doing what had to be done under difficult circumstances." The punitive damages suggested by Alaska Judge Holland are not a debt that is owed -- they represent a windfall in excess of the amount the jury found necessary to compensate the plaintiffs for their losses.
The Ninth Circuit Court of Appeals has twice thrown out Judge Holland's decisions in this matter, which is a clear indication that there is validity to ExxonMobil's arguments that the punitive damage award is indeed "excessive." In fact, the Ninth Circuit Court of Appeals used that very word in vacating the Anchorage judge's first decision.
The plaintiffs' attorneys have not hesitated to seek appeals and delays in this case when they believed it was to their advantage to do so. These attorneys, many of whom do not live in the state and have not made any contributions to the quality of life in Alaska, stand to make an enormous windfall off the Valdez accident if the punitive damage award is upheld.

this is from the Exxon Mobil website

Thursday, December 15, 2005

Uhuru Peak - Tanzania

One of my closest friends, Dan Dominy (an emmy winning cameraman and world traveler) sent me an email with a link to photos from their summit of Kilamanjaro, the highest point in Africa and one of the worlds largest volcanoes at 5895 meters of elevation. Yes, he did this last February but I wanted to share it again.

You can see everything by clicking here Climb for Care

Wednesday, December 14, 2005

Dylan on XM Satellite Radio

"Songs and music have always inspired me. A lot of my own songs have been played on the radio, but this is the first time I've ever been on the other side of the mic," said Dylan. "It'll be as exciting for me as it is for XM."

Bob Dylan is one of music's most enduring performers. He has released more than 44 albums containing more than 600 songs that have been covered by more than 2,000 different artists ranging from The Rolling Stones, Stevie Wonder and Guns N' Roses to Duke Ellington, Garth Brooks, Pearl Jam and Rage Against the Machine. His last two albums have been critical and popular successes with 1997's Time Out Of Mind garnering three GRAMMY® Awards, including Album Of The Year. In 2001, he won an Academy Award® and a Golden Globe® for the song "Things Have Changed." In 2004 his best selling memoir, Chronicles Volume 1, spent 19 weeks on the New York Times' Bestseller List. For the past eighteen years Mr. Dylan has been a mainstay on the concert stage performing over a hundred shows a year around the globe.

"Bob Dylan epitomizes the American music experience and his unflagging integrity and vision defines everything we hope for XM to be," said Lee Abrams, Chief Creative Officer, XM Satellite Radio. "It is an honor to count Bob Dylan among the members of the XM artist family, and is further testimony of XM's commitment to create original music programming that makes a difference."

Tuesday, December 13, 2005

Best New Website

If you want to learn more about John Lennon than you ever thought you knew . . . . . check out John Lennon

Monday, December 12, 2005

Bob Bryn's hole in one

I had the pleasure today of participating in the second-hole-in I've ever witnessed. The first one I saw was the first one my playing partner in the Windword (Bodega Harbour Men's Invitational), Ed Vail. Now Ed is one of the best amateur golfers I know and had never had a hole-in-one in 40 years of playing golf and he's a 2 index. So we're on the 7th hole at BHGC (135 yards or so) and he's toying with the idea of a 7 iron. It's a very difficult hole to judge: big elevated tee, across a canyon, into a crossing wind, green has two tiers, long and you're dead, left and your dead, etc. I tell him it's an 8. So he goes with the 8, one hop into the cup!

Today, I'm playing with 81 year old Bob Bryn (my landlord no less) at Laguna Lake GC and we get to the 4th hole (85 yards) and I've been on fire, I lob a 53 degree sandwedge and it hits the pin and rolls 5' away. One of the other guys in the group tells Bob to "get inside Craig". So I say to Bob just as he's about to take a swing with a 9 iron, "hit the pin a little lower than I did." Sure enough he does and it goes in. Don't ask me if I made the birdie putt.

Congrats Bob, we'll all read about in the Tribune soon.

the president doesn't give out credible information . . .

in a recent op-ed piece, David Brooks of the NY Times and ardent administration supporter recently wrote a great piece on why the US should stay with Iraq despite all of the bungling. He concludes his piece with "Because the president doesn't give out credible information, it's no wonder Republicans are measuring success by how quickly we can get out; it's no wonder many Democrats are turning the war into a political tool to bash the president; and it's no wonder that people like well-meaning but weary Jack Murtha have simply given up."

early in the piece he describes the Sunni and Shiite factions warring with each other and how the Iranians are itching to come to the aid of the Shiites, the Syranians, Saudis and "who else" coming in to aid the Sunnis . . . . . . . essentially a total civil war.

Friday, December 09, 2005

Is the "News" News? Rarely

Two reports in the media (maybe I should disregard it) illustrate why in many cases the "news" isn't news. In my world, news is supported by data or visual confirmation from independent sources . . . facts. But for many years, "news" organizations report opinions and beliefs as news more and more. A reporter observes or learns something from investigative research and then turns in his story to an editor who decides how to "make" it better and to check on the facts, etc. But if you've ever seen something happen and then read about it in the paper the next day, you know what I'm talking about.

Back to the reports in the media today . . . . The US military command in Iraq defended the practice of paying Iraqi news media to produce positive stories about US military efforts to bring stability to Iraq . . . . saying it was needed to counter falsehoods and propaganda from the opposition . . . hmmmm, if that's justifiable then what can we believe?

Then there's Superior Court Judge Llooyd Connelly, who recently ordered the Schwarzenegger's administration to remove a state-produced video that was intended to look like an objective news report from a state Web site. The Governator was using your tax dollars to promote a myth. Just another example of how promotions become "news". . . .

BE CARE ABOUT WHAT YOU READ AND DON'T THINK IT'S THE NEWS.

Thursday, December 08, 2005

Sports Rage and How to Handle It

Some time ago there were some great letters in Sports Illustrated and this one said it the best . . . .

"On Sept 15, 2004 a soccer match between AS Roma and Dynamo Kiev was abandoned at halftime after a spectator in Rome's Olympic Stadium hit the referee on the head with a thrown object. The league ordered AS Roma to forfeit the game 3-0 and to play it's remaining two first-round home games in an empty stadium. If the NBA emulated this penalty, the loss of revenue might persuade teams to get serious about arena security."

I also think that certain violations need to be applied against the team rather than the individual, then you would have group pressure on each individual to act responsibly.

David Grissman mandolin Christmas

I've just uploaded a tune created by renowned mandolinist David Grissman. You can listen to it at my website by clicking on the "Merry Christmas" image

craigkincaid.com

Wednesday, December 07, 2005

Clark Foam closes

If you've ever bought a surfboard, Clark Foam probably made the blank that the shaper started with. But that will not be the case going forward because due to violations of safety and pollution regulations over the years that would have cost Clark millions of dollars to rectify, the company will close it's doors and lay off several hundred employees immediately.

Tuesday, December 06, 2005

Mac's vs PC's

My computer guru friend Dave Baldwin recently wrote . . . .
I have finally figured out the difference between Mac and PC users. Both actually have about the same amount of problems with their computers. The difference is that PC users are told that the PC is a pile of shit so they blame the machine and complain bitterly about it. Mac users are told that their machines are Wonderful so if (when) there is a problem, they assume it's their own fault and keep their mouths shut so they don't seem stupid. At that point, Mac users often turn away from the machine and find a different way to do what they need while PC users will beat on their machines until they work. Or break completely so they can go buy a New one.

need help with a computer or a fine guitar player . . . go to his website at Dave's Place

Sunday, December 04, 2005

Earthquake Indicator

1. During the time of the 2003 Winter Solstice, the moon was in conjunction with the double alignment of the sun, earth and equator of the Milky Way along the Line of Solstices. This was the time of the San Simeon and Iranian earthquakes.
2. During the time of the 2004 Winter Solstice, the moon was again in conjunction with the double alignment. This was the time of the 9.0 Asian earthquake.
3. During the time of the 2005 Summer Solstice, the moon was again in conjunction with the double alignment and we had the offshore 7.2 California - Crescemt City earthquake.
4. During the 2010 Winter Solstice, the moon, sun, earth and equator of the Milky Way will all be in alignment along the Line of Solstices.

there are many earthquakes but this does seem to be an eiry "coincidence"

learn more about earthquakes at : wikipedia earthquakes list

Thursday, December 01, 2005

Bastiat's Law

Frederic Bastiat (1801-1850) was a French economist, statesman, and author. He did most of his writing during the years just before - and immediately following -- the Revolution of February 1848. This was the period when France was rapidly turning to complete socialism. As a Deputy to the Legislative Assembly, Mr. Bastiat was studying and explaining each socialist fallacy as it appeared. And he explained how socialism must inevitably degenerate into communism. But most of his countrymen chose to ignore his logic.

Learn more here Frederick Bastiat

Monday, November 28, 2005

Jackie Greene getting more attention

Sacramento's musical son is poised to become a household name.
Verve/Forecast Records, the storied singer-songwriter label, will announced last January that it is signing 23-year-old Jackie Greene to a recording deal.

The move gave the artist serious music-industry muscle. Verve/Forecast's parent company is Universal Music, one of the world's largest music conglomerates. A series of auditions with some of the world's biggest record companies preceded the deal.

Greene has attracted national attention as a multifaceted singer-songwriter who also plays guitar, keyboards and harmonica. His independent album, "Gone Wanderin'," was listed by Rolling Stone magazine as a Top 10 critics' pick for 2002. His songs have received airplay from San Francisco's KFOG (FM 104.5/97.7) to WFPK (FM 91.9) in Louisville, Ky. Greene has also performed as an opening act for B.B. King, Los Lobos, John Hiatt and Buddy Guy.

He moved to Sacramento from Cameron Park three years ago and quickly became a local star. Fans from around the country, dubbed "Greeneheads," fly into Sacramento for his concerts. His three albums and a DVD on DIG Music, a Sacramento-based independent label, have sold a combined 50,000 copies.

www.jackiegreene.com

Sunday, November 27, 2005

my website

Just in case I haven't mentioned it yet . . . . you can learn about hardwood lumber, music and stock trading at my website

www.craigkincaid.com

Life is Like Golf

People say golf is a microcosm of life, but I always thought it was the other way around. Life is more like golf than golf is like life. Think about it: The idea is to obtain control and plenty of distance without too much effort. You want a sense of rhythm and consistency. You want to be successful, but not at the expense of friends, family or breaking the rules. Life is fair for the most part, but not always – I lost both my parents within the space of three years, and my wife is in remission in her battle with breast cancer. You relish the good shots and learn to forget the bad ones. Trying to force the issue rarely works. You just keep going and try to get a little better every day. So, life is like golf.

Fred Couples 2000

Friday, November 25, 2005

California continues to be the place

California's population now stands at 36,591,000


California's population grew by nearly 600,000 in the year ending June 30, 2005, according to new numbers released recently from the Department of Finance. Just over half (52.7%) of that increase came from the natural growth of births over deaths, while 38.1 percent came from foreign immigration (legal and illegal) and 9.2 percent from domestic migration.

Tuesday, November 22, 2005

The Bridge to Nowhere

Oh, you havne't heard about the Bridge to Nowhere?? Congress has approved $223 million to connect Gravina Island, Alaska with the "city" of Ketchikan. Ever been to Ketchikan, Alaska?? I have. It's one of the places that Charles Kerault (On the Road) would have returned to if he could have visited his 12 favorite places during his final year of life. It's a neat place to visit if you like a lot of rain in July (the driest month of the year) . Many cruise ships visit there and there's plenty of flight seeing into Misty Fjords National Park, but I don't think they need a bridge there

It will be nearly as long as the Golden Gate Bridge and 80 feet taller than the one in Brooklyn.

The beneficiaries of this undertaking? The good citizens of Ketchikan, of course, all 8,900 of them, not to mention the soon-to-be-liberated population of Gravina Island--at last count somewhere south of 50--for whom a half-hourly ferry is apparently insufficient. We must presume that the dire necessity for this bridge was not dire enough that the locals were willing to pledge, say, some bond money for it.

Government is rife with affronts like this to the public sensibility, but nowhere as much as in Alaska, which nailed down 67 pages worth of piggy fat in the Transportation Bill alone.

Our largest state (by a factor of more than 2 over Texas), and third-least populous (beating out Vermont and Wyoming in the 2000 census) is like a foreign country to most Americans. Remote, cold, overwhelmingly wilderness. Yet in Washington it is one very hot property indeed.

This is largely the result of the efforts of Ted Stevens, at 36 years and counting the longest-serving Republican in the U.S. Senate. He is affectionately known in his home state as "Uncle Ted," for his legendary ability to funnel federal dollars their way. CAGW has ranked Uncle Ted #1 every year since it began calculating lawmakers' proficiency at bringing home pork in 2000. So far in 2005, Stevens has helped ladle out more than $645 million or $984.85 for each Alaskan, the group says--tops in the country.

Friday, November 18, 2005

Is the Theory True?

In a recent "letter to the editor" I found this line of thinking quite reasonable (I'm not sure about his syntax) . . . .

The writer said, "While I enjoyed Leonard Pitts takiing Pat Robertson to task, I take issue with his statement, 'gravity is just a theory, but I don't hear anyone arguing with Isaac Newton'. Sir Isaac Newton's theory is, in fact, known to be wrong. For example, it does not correctly explain the orbit of Mercury. Why teach it then? Because it is useful - it does allow the prediction of motion of the planets, and NASA's spacecraft, as accurately as makes no difference. Einsteins general theory would be much harder to use and unless a spacecraft was very close to the sun, would not give better answers. Perhaps it is best not to talk about whether a a scientific theory is 'true', but instead ask if it provides a useful explanation of the observed facts."

There.

Wednesday, November 16, 2005

Waist to Hip Ratio

Waist-Hip Ratio and Apple/ Pear Shapes

Waist-to-hip ratio (WHR) looks at the proportion of fat stored on your body around your waist and hip. It is a simple but useful measure of fat distribution. Most people store their body fat in two distinct ways: around their middle (apple shape) and around their hips (pear shape). Having an apple shape (carrying extra weight around the stomach) is riskier for your health than having a pear shape (carrying extra weight around your hips or thighs). This is because body shape and health risk are linked. If you have more weight around your waist you have a greater risk of lifestyle related diseases such as heart disease and diabetes than those with weight around their hips.

I'm told that more and more insurers are looking at this ratio to determine health risk premiums for prospective insureds.


here's the calculater

http://www.healthstatus.com/calculate/whr

here's an article from WEBMD Medscape
http://www.medscape.com/viewarticle/516170

Tired of waiting 20 minutes for the movie to start?

Aren't you tired of showing up at the theatre for the 8 PM showing of "xlld8**4$$" and then having to wait through 6 previews and a couple of commercials before the movie starts?

Well, maybe that will end with a grass roots movement afoot to force theatres to post the "actual" starting time of the movies in their advertisements. Indiana Representative Duane Chaney plans to file a bill in the upcoming legislature to do just that but he might have a difficult time getting it passed. Earlier this year, Rep Andrew Fleischmann of Connecticut tried to get a similar bill passed but failed.

I have cut down on about 50% of my movie going experience for a variety of reasons but the commercials at the beginning was a prime motivator plus the fact that most films do not need to be seen in a large theatre to get the impact of the film, DVD on a home theatre system does the job just as well. On the other hand, films with great specail effects can only be enjoyed in the theatre and I'm there for them.

Monday, November 14, 2005

Black Friday . . . the day after Thanksgiving

Black Friday is the kickoff to the Christmas selling season and shoppers are giddy about the specials that retailers promote to attract customers to their stores that day . . . but shoppers don't get to know what's going on special until a day before if at all. UNTIL NOW.
There's a college student at Cal Poly SLO who has created a website to give shoppers (bargain hunters) weeks of advance notice. Black Friday 2005 is the name of the website and the deals there are pretty spectacular. Just another way that the internet is leveling the playing field for savy shoppers.

You can see more at http://www.bfads.org/

Friday, November 11, 2005

The Church of the Flying Spaghetti Monster vs Darwinism and Creationism

"Let us remember that there are multiple theories of Intelligent Design. I and many others around the world are of the strong belief that the universe was created by a Flying Spaghetti Monster. It was He who created all that we see and all that we feel. We feel strongly that the overwhelming scientific evidence pointing towards evolutionary processes is nothing but a coincidence, put in place by Him . . .

Some find that hard to believe, so it may be helpful to tell you a little more about our beliefs. We have evidence that a Flying Spaghetti Monster created the universe. None of us, of course, were around to see it, but we have written accounts of it. We have several lengthy volumes explaining all details of His power. Also, you may be surprised to hear that there are over 10 million of us, and growing. We tend to be very secretive, as many people claim our beliefs are not substantiated by observable evidence. What these people don’t understand is that He built the world to make us think the earth is older than it really is. For example, a scientist may perform a carbon-dating process on an artifact. He finds that approximately 75% of the Carbon-14 has decayed by electron emission to Nitrogen-14, and infers that this artifact is approximately 10,000 years old, as the half-life of Carbon-14 appears to be 5,730 years. But what our scientist does not realize is that every time he makes a measurement, the Flying Spaghetti Monster is there changing the results with His Noodly Appendage. We have numerous texts that describe in detail how this can be possible and the reasons why He does this. He is of course invisible and can pass through normal matter with ease."


http://www.venganza.org/

Thursday, November 10, 2005

The Basic Laws of Human Stupidity

Always and inevitably everyone underestimates the number of stupid individuals in circulation.



http://www.mentalsoup.com/mentalsoup/basic.htm

Saturday, November 05, 2005

MacMartin PreSchool Ritual Abuse Follow Up

In my last post I said I would tell you about what the outcomes were from the McMartin PreSchool Ritual Abuse trials were and here they are :

After the trial:

The events at McMartin caused extensive disruption:

Hundreds of Manhattan Beach children, now young adults, believe that they were abused during bizarre rituals. They are probably suffering various degrees of disability. We have been unable to find any follow-up studies to measure the degree of damage that they have suffered.

The 7 adults who were charged have been financially impoverished.

Mcmartin preschool was closed, and leveled to the ground.

The other 8 schools were closed down and never re-opened.

The pastor of St. Cross church was the victim of harassment and death threats. "He closed the church and moved to another part of the country."

The county had to pay the $13 million costs of the trials. These were the most expensive trials in U.S. history. The O.J. Simpson trial, in comparison, cost 8 million.

Many copy-cat prosecutions subsequently occurred across North America.

Children's stories of mysterious, secret tunnels appeared in various other MVMO cases around the world. None were ever found.

Tens of millions of Americans falsely began to believe that young pre-school children across the U.S. were being terribly abused.

Actions by the principals in the case included:

Peggy McMartin immediately filed a civil suit against the city, county, the CII and an ABC TV station for a shopping list of improper behaviors. A few months later, Virginia McMartin and two of the defendants who were charged but never tried also filed suits. These actions failed because state law and previous court decisions have granted absolute immunity from prosecution to child protective services workers, persons involved in the prosecution. This protection was extended to the CII in this case because they were working for the prosecution.

"Peggy Buckey sued to get back her teaching credentials. In granting them, and restitution of $180,000 from the state in lost teacher's pay, the judge found the children's statements so lacking in credibility as to not constitute evidence. [In 1995] Married, with two children, she now teaches extreme-case disadvantaged children in a special school in Anaheim, Calif." 9

In 1991, the accused sued the parent of one student for slander. They won the case, but were only awarded $1.00 in damages.

Ray Buckey went on to finish college and, in 1995 was preparing to enter law school. 9

Virginia McMartin died in 1995-DEC-18 at the age of 88.

On 2000-DEC-6, Senior Trial Deputy Lael Rubin, the prosecutor in the McMartin case, was promoted to special counsel.

On 2000-DEC-15, Peggy McMartin Buckley died in Torrance, CA, at the age of 74.

In 2001-FEB-19, Betty Evans Raidor, a former teacher at McMartin, died at the age of 81. She had been charged with 32 instances of child molestation, along with four other teachers. The charges were dropped after the preliminary hearing. The trial ruined her financially. The publicity turned her into a pariah.

You can find more information at http://www.religioustolerance.org/ra_mcmar.htm

Friday, November 04, 2005

No Followup by the Media

Why is that we love to read about the scandilous behavior of politicians, actors, musicians, even ordinary citizens, et al in the newspaper and then we forget to ask the question, "What ever happened?" In way too many incidences, the followup would have been more interesting than the original story. Did the bad behavior ever result in a punishment? Was the criminal sent to prison? Let's take a look at one example:

The McMartin Pre School Ritual Abuse Case in Manhattan Beach during the 1980's.

I lived in Manhattan Beach then and had friends who believed their children were abused. The newspapers made much hoopla about the case but then it faded as the trials eventually began but how much coverage took place once the decisions were handed down and the counter lawsuits began . . . . very little.

The next post will show what the outcome was of this famous and widely followed witch hunt in the toney city of Manhattan Beach.

Thursday, November 03, 2005

Well I'm back

It's been a while since I last posted anything to this blog but now that I'm settled into my new home on the Central Coast I've decided to get things going again.

Wednesday, March 23, 2005

see you later

this will be the last post . . . that's if anyone is even reading this

Saturday, March 19, 2005

Samsung accounts for 16% of South Korea's exports! and not listed

SEOUL, South Korea -- At Samsung Electronics Co.'s boisterous annual meeting last year, a shareholder suggested the company's chairman should step down. In response, Samsung's chief executive officer lost his cool.  "Just how many shares do you have?" Yun Jong Yong shouted at the shareholder. "Stop saying 'our company.' "
Samsung Electronics has become a household name in consumer electronics and a leading supplier of components to manufacturers world-wide. In 2004, its net income was greater than that of either Microsoft Corp. or Intel Corp. By Samsung's own reckoning, it accounts for 16% of South Korea's exports and 18% of the country's stock-market capitalization.
Yet as it takes a larger role in the global economy, Samsung is resisting pressure to retool its paternalistic and secretive corporate governance. The family that controls Samsung through a minority stake has battled to maintain its grip and often shields itself through appeals to Korean nationalism. Samsung provides scanty financial information to investors. With a market capitalization of about $70 billion, it's one of the world's most valuable companies without a stock listing in a major financial market, something that would subject it to tougher accounting rules.

Tuesday, March 15, 2005

fastest rising cost at Mather Golf Course

Now I don't know about other golf courses but I would guess it's no different at Mather. Since people don't carry cash anymore and prefer to use ATM machines or debit cards instead for cash purchases, it has become a necessity for businesses to provide a "cash" retrieval system for their customers and golf courses are no different. At our course affairs meeting yesterday, I learned that the ATM machine is being removed for several reasons: one, it's old and can't be upgraded and two, it doesn't pay for itself. It doesn't pay for itself??? Now, I can't reconcile that with the outrage that people are showing when they can't get cash from the proshop, etc. But it is what is.
Then I found out that the fasted rising cost at Mather is no longer workers compensation but BANK CARD PROCESSING FEES. Yes, you read that correctly.

Friday, March 11, 2005

Maureen Dowd

Maureen is one of the top columnists for the NY Times, some people think she's a little too liberal but I think she's provocative. Her latest piece has to do with the "weak-minded homeland defense" which I happen to totally agree with. Heck you can't find a CHP on the freeway or get a sheriff to come to your house if you've been robbed but we're spending $85 billion in Iraq. I stray . . . . here's a little of what Maureen has to say :
The FBI has abandoned it's latest computer follies: the $170 million effort to upgrade the bureau's computer system so analysts can accomplish such difficult tastks as simultaneously searching for "aviation" and "schools". Now it's going to take at least 3 1/2 years to develop a new system . . . . . Our intelligence services are only now trying to recruit agents who speak Arabic and Farsi. Who didn't realize after the Iranian hostage crisis that it might be smart to invest in some spies who could infiltrate the places that were calling us Satan? The LA Times reported on Tuesday that about 40 Americans seeking jobs at US intelligence agencies were turned away because of possible ties to terrorists groups. Paul Redmond, a longtime CIA officer, said it was an "actuarial certainty" that spies had infilitrated US security agencies : "I think we're worse off than we've ever been."


You can read the rest by going to www.nytimes.com and searching for her column.

Thursday, March 10, 2005

Berkshire Hathaway

WARREN BUFFETT, THE LEGENDARY "Oracle of Omaha," issued his eagerly anticipated letter to shareholders last week. In addition to his usual homespun charm, Buffett was unusually apologetic for generating a 10.4% increase in Berkshire Hathaway's (BRK.B) book value last year, slightly less than the 10.9% dividend-inclusive gain of the benchmark S&P 500. From my vantage point, Buffett is being overly modest.

Sunday, March 06, 2005

The Largest Surfboard

CANBERRA, Australia (AP) -- More than 40 surfers cruised into the record books by riding a single giant surfboard off an Australian beach, according to newspaper reports.

A crowd of more than 5,000 gathered Saturday to watch the riders crowd onto the 12.2-meter (40-foot) -long board at the Queensland state tourist city Gold Coast, where the Quiksilver and Roxy Pro surf competitions were held, newspapers said on Sunday.

The three-meter-wide board, nicknamed Nev after its creator, Gold Coast board shaper Nev Hyman, arrived on a trailer truck and needed more than 20 people to carry it to the surf.

Is History Correct?

I've always believed one essential fact about history . . . it's written by the winners. I just finished reading the "Sam Houston" story in "Profiles in Courage" and decided to find out what Sam Houston's role in defending the Alamo was all about. At a very in depth website on the Alamo I found this introduction . . . .

Five minutes after a car accident you can't get the victims to agree about what happened. Yet we blithely base military history on written accounts made years after the event, often by people whose sole reason for writing is to evade responsibility. Journalist interviews differ chiefly in that they draw out people who would not, by themselves, have written anything.
With the Alamo it is even worse. Many accounts that are relied on to flesh out accounts of the battle are third-hand narratives (an interview of someone who tells a story he heard from someone else) recorded decades after the battle. Joe was only interviewed briefly, and Mrs. Dickinson was not interviewed by a journalist until 1871. The last messenger out of the Alamo, James Allen, who was there for the bulk of the siege, became a Texas Ranger and lived until 1901 -- and was never interviewed at all. On the Mexican side, the accounts that do seem reliable appear to come from spectators. It may be that the intensity of the fighting was such that no Mexican in the front lines was able to write his memoirs, to put it delicately.


Anyway, Sam Houston was an amazing man. He was steadfastly against secession from the Union by Texas and captured General Santa Anna shortly after the Siege of the Alamo. Governor of Tennesee, Senator and Governor of Texas.

Friday, March 04, 2005

The Bush Deficit in Revenues

In 1962, US federal government spending amounted to 18.8% of GDP; 2001, 18.5%; 2004, 19.8% . . . 24 of the last 40 years the government has spent more than 20% of GDP so a reduction seems OK. Now the real news . . . in 2000 federal revenues were 19.8% of GDP (between 1962 and 2002, only once have federal revenues fallen below 17% of GDP, yet in 2003 revenues were 16.3% and 2004 equaled 16.4. Now one could say that's a good thing . . . taxes are lower and government is forced to do more with less but unfortunately that's not what government is good at and today, everyone in America wants more from their government than ever before . . . hence big deficits and there's no way to grow our way out them.

Thursday, March 03, 2005

ChoicePoint notifies Californians

Did you realize that California has the only law in the US which requires companies to notify it's residents if a breach occurs of it's confidential data? I didn't get notified, did you?

Wednesday, February 23, 2005

Stedman on Thompson

This is from a story by Ralph Stedman on Hunter Thompson . . . . . LOL

In 1974 we went to Zaire to cover the "Rumble in the Jungle" between George Foreman and Muhammad Ali for Rolling Stone magazine. Rolling Stone publisher Jan Wenner called it "the biggest, fucked-up journalistic adventure in the history of journalism". Hunter never delivered the story and the art director didn't like my drawings. Hunter sold our fight tickets to buy drugs or something, and told me: "If you think I've come all this way to watch two niggers beat the shit out of each other, you've got another think coming." This wasn't a racist remark. It was gonzo. He said it to be provocative. Then he snuck off to the pool with the whisky and a big bag of grass.

Tuesday, February 22, 2005

Technical Analysis as a tool

News last week that Smith Barney closed its entire technical analysis department provided some good fodder for discussions about the value of technical analysis. After all, if TA is such a worthwhile way of predicting the movement of stocks, why would Smith Barney dump it just to save a few nickels?
I seriously doubt that there is now no one at Smith Barney using technical analysis. I suspect that the move has more to do with eliminating redundancy than it does with concluding that it isn't a worthwhile pursuit. Even the most fundamentally inclined stock-picker tends to use rudimentary forms of TA even if its just to manage positions. Technical analysis is so integral to the stock-picking decision, it probably doesn't make sense to separate it into a different department.
Stock-pickers, fund managers and analysts use an amalgamation of methods to arrive at their decisions, and many probably prefer to do their own technical work. Many folks, including me, believe that technical analysis is more an art than a science. There is a lot of subjectivity in its use, and it is not the sort of thing you can easily delegate to someone else.
An important thing to remember about TA is that it doesn't have to be a good predictive tool for it to have value. One of the key benefits of using TA is that it provides a very logical framework in which to implement a money management system. TA is essential if you desire to cut losses quickly and let winners run. Without it you end up acting in an arbitrary manner.
The value of technical analysis as a money management tool is seldom acknowledged by market commentators. A basic understanding of TA principles and how they relate to money management can enhance your investment results nicely.

Monday, February 21, 2005

Hunter Thompson's Passing

Woody Creek's most famous crazed citizen has passed. He is credited creating "gonzo journalism" a style of writing in which the writer makes himself an essential compnent of the story. Fear and Lothing in Las Vegas is a classic . . . the movie didn't do it justice although Johnny Depp and Benecio del Toro were fantastic.
My favorite story is related by my friend Penny Colburn who dated Bill Noonan, one of Hunter's best friends back in the 60's. Hunter Thompason ran for Pitkin County Sheriff in 1968 and created quite a stir with wild promises and recieved some serious threats during the campaign (he lost). Bill Noonan ran for Country Coroner during the same campaign.
I wondered why would Bill run for Coroner? This was my first lesson in civics . . . . The Coroner is the only official who can arrest the Sheriff. This is true everywhere and there you have it.

Friday, February 18, 2005

US Income Distribution

According to most recent government statistics, the population of the United States is 295,494,880. But according to another report, the number of Americans earning income is 203,400,000. I'm not sure if this is a number that represents individual tax returns or a factor imputed from some other source but for sake of argument, let's assume it's based on individual tax returns. Once again, using the same data, the report shows that the percentage of Americans earning more than $50,000 (and I'm assuming this is adjusted gross income) is 19%. Those earning more than $90,000 or more is 5.5%.

Thursday, February 17, 2005

Export/Import Distortion Data predicts . .

From ContraryInvestor.com I found the following interesting information . . .

One of the largest factors opening up a record trade chasm in November was a very sharp drop in US exports. Real goods exports dropped 4%. That's one of the four top monthly percentage drops in exports in the last eight years. And what we are experiencing is a plainly noticeable dichotomy in the year over year rate of change between import and export growth. History tells us that these rate of change numbers move in relative directional similarity. They are reflective of the rhythm of the global economy. For now, we're deviating from that historical experience. If history is to hold true, either the rate of change in US export growth should be picking up quite smartly ahead, or the rate of change in import growth is about to fall meaningfully. If we don't see this type of reconciliation ahead, it will be a direct sign that global trade and capital flow imbalances of the moment are moving to a new and higher level of "distortion".What the chart above may also be telling us, despite headline commentary to the contrary, is that the foreign economies are slowing meaningfully. And resultantly, despite a much lower dollar, their demand for US exports is waning. You may know that 2004 experienced the largest one year inflow to foreign focused equity mutual funds in US history. Given the track record of the public in terms of piling into an asset class "at the top", it's a warning sign regarding the foreign equity markets and economies near term.

Wednesday, February 16, 2005

Calif State Pension Benefits

In a very good letter to the editor this morning, Jim Bock writes . . . "The reason state, county, local and school governments are struggling to come up with funds to pay their share of worker pension costs has nothing to do with the actual pension benefits. Instead, it has everything to do with the fact that through the years when that stock market flourished, the employing agencies were not required to make their full contributions to CaPERS. Rather than saving those funds in case the stockmarket caused a problem, they felt it was prudent to spend that money elsewhere.
Had the agencies been more responsible and planned for what was inevitable, they would not be complaining about having to pay the costs associated with retirements. They caused the problems now the uneducated governor is trying his best to saddle the blame on the employees who have actually paid more into their retirement over the last 20 years than the agencies who are now complaining about being broke.
This is what happens when elected people are not money-conscious and spend money that they should be saving."

my opinion is that all retirement systems should switch to defined contribution plans and move away from defined benefit plans

Dead on Parole

I get so many great pieces just from the Sac Bee Op-Ed page . . . . here's one from today's . . . . I've taken the liberty to edit out a few sentences which aren't pertinent.

Twenty-five days after prison inmate Daniel Provencio was declared brain dead, the California Department of Corrections finally ended round-the-clock guarding and released the body to his family. That's the good news. But it occurred only after a bizarre precedent: The department got the Board of Prison Terms to parole the dead man. Normally, when a prisoner dies in Department of Corrections custody, the body goes first to the county coroner, then to the family.

In this case, however, public confusion over whether brain dead means "dead" or "in a coma" led to extremely odd conduct. Brain dead means dead - the complete, permanent, irreversible cessation of brain activity. The Department of Corrections did the family and the public a disservice in letting that confusion drag on far too long.

Members of Provencio's family told the media that doctors declared him brain dead the morning of Jan. 20. Yet the Department of Corrections continued to treat Provencio as alive when he was dead, shackling him by the ankles to his hospital bed and guarding him around the clock. The director of corrections finally ordered the shackles removed Feb. 4. But department spokesmen continued to describe Provencio as in such a "critical medical state" that they were having a difficult time finding a nursing home for him, as if Provencio were still alive. One spokesman said, "We've had no takers." That's not surprising. Not many nursing homes take dead people as patients.

We haven't seen the end of this bizarre saga.

Monday, February 14, 2005

Steve Goodman "lives"

I notice that the Grammy for "Spoken Word Album for Children" went to THE TRAIN THEY CALL NEW ORLEANS by Tom Chapin, which was written 30 years ago by Steve Goodman. Goodman was one of the best songwriters ever and we lost him 10 years ago to cancer and he's still missed.

Sunday, February 13, 2005

Rare Wisconsin Quarter discovered

The numismatic world is all abuze about the latest US Mint error, the Wisconsin Commerative Quarter minted in 2004 bears the image of a cow, a wheel of cheese and a half-husked ear of corn. There is something peculiar about the cheese head coins . . . there are variations in the placement of leaves surrounding the coin's ear of corn. Collectors have identified two varieties. There is a an offer by several Arizona dealers for as much as $1499 for a perfect specimen.

Wednesday, February 09, 2005

from Pete MacEntergart at the 10 Spot on Sir Paul

"The FCC received two complaints about Paul McCartney's halftime performance, both saying they were "bored." That compares to more than 500,000 complaints last year over Janet Jackson's exposed breast. Analysts say the pair complaining about Sir Paul were likely just smartmouth kids." PE at the 10 Spot

I thought it was interesting that he sang the lyric in GET BACK "sweet Loretta modern, thought she was a woman but she was another man" . . . . no one seemed to notice.

Friday, February 04, 2005

Thoughts from the backlines

One of my oldest friends just emailed me. he's on a rant now . . . .

CK - I'm onto another subject, stop voice mail it takes too long to listen to rhetoric that doesn't pertain to a subject at hand.  This stuff about recording for quality control is the most stupid thing I've ever heard.  If quality were recognized by a said company they wouldn't have voice mail in the first place.  

On a communication roll, stop with web sites that require a log-on to contact a company!  What an incredible waste of time.  We are going backwards rather than forward.  Technology is slower than what we had forty years ago.  Even an operator on the phone coupled with information is light years behind what we had forty plus years ago.

I can't take it anymore! BP

(I won't reveal his name as he's just too powerful in State government to be exposed but to say the least . . . . he has Arnold's ear.)

Wednesday, February 02, 2005

Strange Market Activity in Delta and Ebay

Something interesting occurred about a week ago.  In a single day, Delta airlines posted a record lost of $5.2 billion dollars, which amounted to $47 per share, for the last quarter of 2004.  That was a record loss for the airlines.   What happened to the stock?  It lost 9.8% of its share value to close at $5.37, it fell further to bottom out at $4.41.  And as of today, it’s gained back much of that loss to close at $5.67. 

Now, to give you some contrast.   On the same day that Delta announced record losses, another company announced record profits.  That company grew its profits about 44% from the previous quarter.  However, it did one thing wrong – it missed the analyst’s expectations by 1 cent – the first time it had ever done that.  What happened?  The stock plunged 20% during the next 24 hrs losing $19.72 and it’s gone even lower since that time to close today at 78.80 a 26% shallacking.  The stock with record earnings was Ebay. Be careful out there.

California Can't Account for Federal Funds at Dept of Health

Over the last 3 years, the state Department of Health Services has received about $100 million in federal funds to fight bioterrism and officials can't seem to account for it. On a scale from 1 - 10, California received a mediocre 5 for its readiness in a report last month by the nonpartisan Trust for America's Health. Only five states scored worse. Where has the money gone? DHS officials can't seem to say. In June, the Rand Corporation issued a harsh critique of whether California could respond to a bio-attack.

This report came from the Sacramento Bee.

Housing Bubble or Not

Today I noted with great interest that CALPERS has decided that it's time to "cash in on real estate profits". They are liquidating 207 industrial buildings, 97 shopping centers and 22 office properties. We're talking some massive selling. The other side of the coin is that all of the property is being gobbled up by investors dying to get into real estate. Now this doesn't having anything to do with housing but it is an interesting occurrence.

Tuesday, February 01, 2005

Hispanic

I read in an op-ed piece by Peter Schrag that "The term hispanic", as the essayist Richard Rodriques points out, is rarely used anywhere other than this country. It was invented as an official category by the Nixon administration.

I didn't know that !

Saturday, January 29, 2005

NO PENSIONS FOR LEGISLATORS

just saw this at Weintraub's blog . . .

"I don't know if it's an organized letter-writing campaign or just political amnesia, but I've received a dozen or more emails suggesting I advocate repeal of legislators' pensions before we touch the retirement benefits of state workers. Most of you know this, but for those who don't: California legislators lost their pensions in 1990, when voters approved term limits. Prop. 140, in addition to capping service in the Assembly at three terms and in the Senate at two terms, cut the Legislature's budget and banned lawmakers from receiving pensions."

Wednesday, January 26, 2005

$ 5 Billion !!!

Yes, that's what the Bush administration says it needs to build a new embassy in Baghdad, Iraq. $5 billion to build an embassy. That's amazing.

Monday, January 24, 2005

Prison Industry Authority of California

PIA is one of my customers. This is a nice profile of the new guy in charge . . . from the Sac Bee

Prison factory chief plans a turnaround


Matt Powers could be comfortably retired, making fishing trips to his family's cabin in Alaska and collecting his deputy police chief pension from the city of Sacramento. But that would be out of character for the man close friends endearingly call "Don Quixote." Instead, Powers is standing amid the din of a dozen license-plate stamping machines at Folsom State Prison's factory, straining to carry on a conversation with two inmates.

The enigmatic former cop is so passionate about his belief in the value of good vocational training for inmates that he's throwing his considerable energy into reforming an icon of California's troubled prison system - its Prison Industry Authority.

As the prison authority's general manager since last summer, Powers inherited a $162 million industrial venture that employs more than 5,700 inmates in 22 California prisons. "Matt is energetic and committed," said Department of Corrections Director Jeanne Woodford. "(He) understands public safety must include an opportunity for offenders to change."

His challenge will be to turn around an agency that for more than a decade has been criticized for overpricing its goods and being unresponsive to customers.

The Prison Industry Authority was created in 1982 by legislators who gave it the dual goals of preparing inmates for the work force in hopes of reducing recidivism and helping cut down prison costs.

The PIA also has a list of state agencies that are required to buy its products unless they can demonstrate why they must buy from the private sector.

Initially, the prison authority was hailed as a national model. But by the following decade, it had fallen from glory and since has been the subject of criticism by various oversight agencies.

A 1993 Little Hoover Commission report charged that the PIA was "holding state departments hostage to high prices and delayed deliveries."

Three years later, the Legislative Analyst's Office reported that while the PIA had improved its troubled financial status, it did so "at the expense of other legislative purposes." It urged PIA to set goals of becoming financially self-sufficient and improving inmate employability.

A 1996 state auditor's report said more than half the PIA's goods cost more than they would in the private sector and took too long to make and deliver.

Since 2000, the agency has labored under a series of interim managers who have tried to satisfy the dual - and conflicting - requirements of running a competitive business while churning as many inmates as possible through job training.

The criticisms have continued. In August, when Gov. Arnold Schwarzenegger unveiled his California Performance Review, he featured a single $1,620 desk made by PIA prisoners alongside a full set of similarly priced office furniture.

Last month, the state auditor released a new report on the PIA, crediting it with some minor reforms and competitive prices, but faulting it for having no way to measure its own successes and no clear mission.

If anyone can turn the troubled agency around, Powers' supporters say he's the man for the job. "Matt really has a passion for seeing people who end up in jail or prison as having a lot of human potential," said Tim Brown, executive director of Loaves and Fishes and a former collaborator with Powers on the city-county board on homelessness. "When I heard he was taking on PIA, I thought, 'That's a really great fit.' ... He really sees the capacity for rehabilitation." Powers is a study in contrasts.

"He wears Birkenstocks and drives a Volvo and he's a cop," said Undersheriff John McGinness, a longtime colleague. "He's not the stereotypical anything."

The grandson of a San Quentin inmate, Powers grew up in a tough, poor San Francisco neighborhood. He talks admiringly of a hand-carved stagecoach model that his grandmother bought from the prison inmates' shop. But he was determined not to follow the same path. During his 23 years at the Police Department, he was a Special Weapons and Tactics team sergeant and among the first local police officers to earn a master's degree in science in management. Colleagues teased him for being such a straight arrow.

"He looks like he should be a college professor," said Sacramento Police Chief Albert Nájera, who was one of Powers' first training officers and remains a friend. "But appearances belie Matt; he is one tough individual."

After retiring from the Police Department in 2000, he spent two years at Raley's Inc. as vice president for strategic planning and public affairs. He also teaches emergency services management courses at California State University, Long Beach.

What sets Powers apart from his colleagues most is his earnest, academic approach to solving criminal problems. In the mid-1990s, Powers led a coalition of police officers, neighborhood activists, and other officials in a concerted effort to rid Alkali Flat of its entrenched gang problem.

He began by researching successful community-oriented policing practices in Boston, a well-received halfway house in Manhattan and the history of Alkali Flat's problem before pulling together his team to make a plan of action.

"He is, in law enforcement, a Renaissance man," said Powers' longtime colleague and friend Steve Harrold, a prosecutor who oversees the career criminal unit at the Sacramento County District Attorney's Office. "He's very well-read, and a very strategic person." Over the past several months, Powers has buried himself in research about successful inmate manufacturing programs, touting successes in other states and looking for new markets. His vision of success for the PIA is to increase the number of inmates he prepares for the work force. To do that, he must grow the business. But first, he must corral his team into writing a strategic plan.

"Matt doesn't need to do this," McGinness said. "He's a pretty popular lecturer. He could make a decent living doing just that. This is a labor of love for him. He's doing it for all the right reasons."

Thursday, January 20, 2005

Inauguration Day

I was at the gym on the treadmill reading George Washington's biography this morning and looked up to see Barbara Bush on TV. What must it be like to be a woman who is married to a President and mother of one?? Amazing isn't it?

Here's a fun link to an inauguration quiz . . . http://www.trumanlibrary.org/quiz/
I think it's interesting that this quiz is coming from the Truman Library . . . whatever?

Wednesday, January 19, 2005

Joining the Senior Set

My friend and co-conspirator in "Arnold's The One" had an op-ed piece published in the LA Times last Saturday . . . . .

VOICES / A FORUM FOR COMMUNITY ISSUES 1/15/05
There's a Payoff in Joining the Senior Set By Denny Freidenrich

I did it. After waiting for more than a year, I finally bit the bullet. I did what millions of others nobly have done before me: I traded in my baby boomer status for a discounted ticket at the movies. Not any discount, mind you, a senior citizen discount.

You got that right. A senior citizen discount. When I actually got up the nerve to ask for one, my 10-year-old daughter said, "Dad, you really are old." Truth be known, she didn't just say it. She shouted it so everyone in line could hear.

But I didn't care. I had walked up to the line and crossed over it like a proud soldier. After years of marching, I was ready to receive my just reward. So I asked for it. I didn't really think much about it on the way to the movies — at least not consciously. Subconsciously, I suspect I'd been thinking about it for a long time. That's because my two older brothers, both of whom are in their mid-60s, have been telling me stories about their experiences for years.

Considering I'm a boomer from the "Sky King" days, it probably is fair to say that I, and my grade school classmates, have looked time straight in the eye — and have begun to blink just a bit. My first real clue came not long ago when my girlfriend from the ninth grade called to tell me she is now a grandmother. "A grandmother? How's that possible?" I asked. She laughed and told me to brace myself because it probably was going to happen to me someday.

If you really want to know, I am ready. My hair is gray around the temples; I have added a few pounds around my middle; I wear bifocals; and I fret about my retirement savings. My wife often complains that my "preoccupation" with aging is like waiting for a train wreck. That's easy for her to say. She isn't the one who drops loopy fly balls in the outfield or falls off the surfboard for no apparent reason. No, my reactions aren't what they used to be. Still, I do react to the concept of growing
o-l-d.

Not that old is bad. But old in this nation does tend to relegate one to a place called obscurity. Of all the new clothes, gizmos and gifts I recently received, the only present I really needed this year I actually gave to myself. It wasn't under the Christmas tree. I found it at the mall, or more accurately, at the movie theater box office.

It was the realization that, after all these years, I truly am comfortable with the notion that I'm not going to be forever young. I have reached a certain stage in life where it not only is OK, it actually is great to be older — and wiser.

Bad Doctors or Bad Lawyers

The debate over medical malpractice and whether or not there's a link to insurance rates continues. Today, in the Sac Bee there is an interesting letter with several links to answers . . . .

"The Dec. 26 "Doctors vs. lawyers on malpractice costs" was interesting but incomplete. Here are sources for further research. Malpractice crisis: Damage caps do not lower insurance rates. Go to www.factcheck.org, a nonpartisan organization analyzing political ads. Use "malpractice" as a search term to see why insurance really went up.

Doctors' mistakes: Doctors' mistakes may be the leading cause of death in America. Enter two phrases in any Internet search engine to find a well-researched paper on it: "Nutrition Institute of America" and "Death by Medicine."

Enforcement: Careless doctors keep practicing. Read the "Enforcement Monitor Report" at www.medbd.ca.gov. Medical associations keep the Legislature from giving the disciplinary body any teeth or resources. The result? It takes up to four years to get rid of a bad doctor.

Monopoly: Medicine is a closed shop, designed to keep the numbers of doctors low, so that a few can get wealthy. There are only 125 medical schools in America (www.aamc.org/medicalschools.htm), and few can get in. The public interest is better served by healthy competition.

Dr. Welby vs. Perry Mason? Get rid of the hype. Look at facts to fix medical care."

Monday, January 17, 2005

Vocational Education Advocate - Arnold's the One

Dan Walters writes in today's Sacramento Bee (http://www.sacbee.com/content/politics/columns/walters/story/12062067p-12932245c.html) . . . . " . . Not only will a relatively small percentage of today's ninth-graders graduate from college, but the needs of society would not be met if all, in fact, became college graduates. Society needs competent auto mechanics, carpenters, plumbers, electricians, landscapers, electronics technicians, bookkeepers, truck drivers, retail clerks, medical technicians and other blue-collar workers to function, and in many of those vocations, there are acute shortages of trained workers, with many thousands of high-paying jobs going unfilled.

Given those immutable facts, does it make sense to gear the entire high school curriculum to the assumption that everyone should attend and graduate from college? . . .

Finally, however, somebody is paying attention, and that somebody is the state's most popular and influential political figure, Gov. Arnold Schwarzenegger. He included expansion of voc-ed in a list of education reforms he touted in his State of the State address, and his budget sets aside $20 million to improve what's now called "career technical education" at the high school and community college levels. One important aspect of the plan would boost the production of voc-ed teachers, which has been a vital element in the decline."

Friday, January 14, 2005

From Gilder

Larry Gilder puts out a great weekly report on stuff http://www.gilder.com/ here's his take on big trends for 2005
‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾
Big trends have a way of sneaking past us. Consider the Web. In 2005 it may seem like an old story, but let's pause to remember that as a commercial product the World Wide Web is just a mere decade old. (And if you lay claim to having surfed the Web during its beta years of 1990-94, either you're an HTML geek or you're fibbing.) In just ten years the Web has altered the way we grab information, manage our firms and organize our lives. China likely will surpass the U.S. this year in the number of Web surfers, a development few saw in 1995.

This year video Weblogs are sure to be the "it" thing. The shape of the v-blog trend began to emerge late last year during the election campaign. Example: A half-million people watched CNN's Crossfire on an October night when comedian Jon Stewart happened to be a guest. Stewart played it mean and bitter, ripping apart hosts Paul Begala and Tucker Carlson. The segment made its way onto blogs, and there it was clicked by2.5 million unique visitors--five times as many as had watched it on TV. (Earlier this month CNN took Crossfire off the air.)

The Asian tsunami tragedy brought a secondary wave ofv-blogs. Sites such as the Australian Waveofdestruction.org were logging 1 million unique visitors per week at the peak.

Venture capitalist Roger McNamee in his book The New Normal (Portfolio) points out another huge trend underway. It used to be that the coolest products (i.e., the most expensive) were those sold to businesses or to rich people who could afford them.

But now the coolest products are being aimed at the masses from the get-go--iPods, DVDs and gigabyte memory sticks, not to mention terabytes of Google-accessible free content. Even software is following this trend. A generation ago the Sabre airline-seat yield management system, written for a few dozen carriers, was the neatest trick in the travel industry. Now it's Orbitz, aimed at billions of consumers.

To my eye, Google signals a new golden age of disruption and startups. The prime Google lesson is that clever use of cheap technology can trump ordinary use of pricey stuff. This isespecially true if your company has an IQ edge, as Google does, and if you're strategizing from a blank page, as startups do.

Monday, January 03, 2005

Kennedy Auction

Two small flags that were flying on the bumpers of the limousine that was carrying President John F. Kennedy when he was asassinated in Dallas were auction this week for $450,000 along with other Kennedy items. John F. Kennedy's 1951 passport sold for $54,000 and Jacqueline Kennedy's 1953 passport for $56,500 yesterday, the opening day of an auction of Kennedy memorabilia that offers a glimpse into their daily lives.

You can learn more about the auction at Kennedy Auction