Sunday, September 28, 2003

Lower Lake, CA, US

County: Lake County
Location: 38:54:40N 122:36:37W
Population (1990): 1217
Elevation: 1372 feet

Thursday, September 25, 2003

Is the stock market bubble being reinflated?

Vernon Smith, who won the 2002 Nobel Price for economics, has run trading experiments where participants consistently produced a bubble.

The funny thing is that after the first bubble, participants produce another bubble and crash. How come? Because they thought they would be able to cash out before the crash happened the second time around. In short, they end up playing the greater-fool game.

To this, add low interest money from the FED and voila, the bubble reinflates!

Sunday, September 21, 2003

T e c h n o \ c u l t u r e.... A stunning writer, who writes mainly about technology

"Sir: In your otherwise beautiful poem 'The Vision of Sin' there is a verse which reads -- 'Every moment dies a man, Every moment one is born.' It must be manifest that if this were true, the population of the world would be at a standstill... I would suggest that in the next edition of your poem you have it read -- 'Every moment dies a man, Every moment 1 1/16 is born.'... The actual figure is so long I cannot get it onto a line, but I believe the figure 1 1/16 will be sufficiently accurate for poetry.

I am, Sir, yours, etc., Charles Babbage "

Saturday, September 13, 2003

The cheap way to the stars - by escalator.

The Guardian reports scientists are meeting to discuss the design of a space elevator.

Long ago I read Arthur C. Clarke's description of a space elevator. Ever since, I've been wondering how long before construction would get underway. I hope I live long enough to see it. Wonderful stuff.

Thursday, September 11, 2003

"55 plus Americans are happier today than ever before. "

A recent survey of older Amercians says those who are happier in old age tend to:

- socialize with friends
- spend a romantic evening with a spouse or partner
- exercise or play sports
- do something educational or cultural
- make love

All at once?

20 Ways to Pick the City That's Best for You

Since it appears that I'm retired, whether I like it or not, I've been looking at retirement communities. It's slowly percolating into my brain that I am not tied to any one place any more.

The kids are gone and my needs are few. A community, a book store, an internet connection, a pleasant climate, clean air, good water, a decent library and access to a college...

Well, on second thought maybe not so few.

Tuesday, September 09, 2003

Rebuilding America's Defenses in a Unipolar World - Project for the New American Century

Monday, September 08, 2003

The words of the President of the US to the Secretray General of the UN on July 20, 2003, as reported by the the Whitehouse:

THE PRESIDENT: Well, the speech that I gave was cleared by the CIA. And, look, the thing that's important to realize is that we're constantly gathering data. Subsequent to the speech, the CIA had some doubts. But when I gave the -- when they talked about the speech and when they looked at the speech, it was cleared. Otherwise, I wouldn't have put it in the speech. I'm not interested in talking about intelligence unless it's cleared by the CIA. And as Director Tenet said, it was cleared by the CIA.

The larger point is, and the fundamental question is, did Saddam Hussein have a weapons program? And the answer is, absolutely. And we gave him a chance to allow the inspectors in, and he wouldn't let them in. And, therefore, after a reasonable request, we decided to remove him from power, along with other nations, so as to make sure he was not a threat to the United States and our friends and allies in the region.

Sunday, September 07, 2003

The righteous care about justice for the poor, but the wicked have no such concern.
Proverbs 29:7

Thursday, September 04, 2003

A Brookings Institution Study showing why we are in deep financial doo-doo

Monday, September 01, 2003

Why Moving to India Won't Really Help IT

Outsourcing jobs to India is really age discrimination. Great column by Robert X. Cringley

A proposal: How to stop spam

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