Makeup

QOTD
"Normally, people of your limited physical appeal makeup for it with an actual personality."
- Old school Cheers quote, Frazier to Lillith
he he... yow, bill

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posted by williamt on Thursday, November 20, 2008 and has 0 comments


John Sullivan and less important matters

Remembering John
John Sullivan was killed in Iraq 5 years ago today:
John was Felecia's nephew. All I can say is John was a sweet guy; I remember and I won't forget.

It's eerie to my marrow how Iraq and Afghanistan aren't even on the radar these days. It wasn't even a blip during the election. Dang, man. We just elected a guy (Obama) who wanted to just pull out and lose. We just re-elected a senator in Illinois (Durbin) who bashed our own guys (story and video). And the dem leader in the Senate (Reid) declared "this war is lost" (story).

Shit. How did I ramp right into rant mode there? That's not the point.
The point is... I salute John for serving and losing his life in defense of our country.
I also salute W and General Petraeus for figuring it out (the "surge") and getting us on track to winning the war in Iraq.

Zombie Community

QOTD

"...big homes are sitting around unsold, turning America's shoreline drives and gated golf estates into zombie communities."
- WSJ today
With Castle BillSkull not selling, does that make me a zombie? Or is just the house a zombie?
Speaking of zombie communities...

"Saturday Morning at The Castle"

You get it... crappy photo = impressionistic art shot. Ha!

Stock Market Woes
Well, on to what everyone is talking about... the crappy stock market, Great Depression 2, or whatever. The stock market numbers are as of today, Nov 15, 2008.

The Dow Jones Industrial Average (DJIA or Dow 30) total return year-to-date (YTD) is -36%.
The low for the year is about 4% below where we are now. So, we were down 40% just a couple blips ago.

According to my excellent homey Yale Hirsch, godfather of the Stock Trader's Almanac:
  • Since 1901, the worst year for the DJIA was 1931 at -52.7%
  • 2nd worst year was 1903 at -37.7%
  • Since 1950, the worst year was 2002 at -27.6%
  • Just for grins, 4 of the top 10 worst years for the DJIA are related to the Great Depression: 1929 -23%, 1930 -33%, 1931 -53%, 1932 -22%, 1937 -33%
How do you like that "little dip" from 1929 to 1932? Here's a table for you (I wish blogger did tables)... let's say you've got a tidy stash of $10K in 1929, what would you have left at the end of 1932?

Year Return $10,000
1929 -17.2% $8,280
1930 -33.8% $5,481
1931 -52.7% $2,593
1932 -23.1% $1,994

So, your $10K was turned into $2K in 4 years, an ugly 80% clip. I don't know what's worse... the 80% haircut or that it was a 4 year-long haircut. He he. Remember these are year-end numbers, and I believe the bottom in 1932 was down 90% for the period.

The analysis is a little less, um, glum if you include the bookend years around those 4 crappy years. The bookends, 1928 and 1933, were really good years. In fact, 1928 and 1933 were the #3 and #2 best years, respectively, for the DJIA since 1901. Go time:

Year Return $10,000
1928 48.2% $14,820
1929 -23.1% $11,397
1930 -32.8% $7,659
1931 -52.7% $3,622
1932 -21.7% $2,836
1933 66.7% $4,728

So, that's about a 50% b-slap over 6 years. Much better... cough.
I don't have inflation/deflation numbers though, so I wonder how much deflation took place over that 6 years. I sort of assume $5K was worth more in 1933 than it was in 1928... but maybe not and probably not worth a lot more. I don't know.

Point #1: If we end up down around 40%, then this will be the 2nd worst year for the stock market in over a century.
Point #2: What goes down doesn't necessarily go right back up. I'm not digging up Japan's market numbers for you, but I believe that if you bought Japan 25 years ago, you're still underwater today.

Me? I'm in major investor education mode and trading my ass off.
I'm learning to be nimble, or "agile" as we say in the software biz.
Yes, agile. I like that. Buy high, sell higher. Short low, cover lower. F buy and hold.
and thank you john... yow, bill

PS - Almost forgot... movie review!

Movie: The Savages
Review: 3 bill-stars (3/5 bill-stars = worth watching)
Website: www.imdb.com/title/tt0775529
Notes: This is a tiny, little film. It stars Laura Linney and Phillip Seymour Hoffman, who are both excellent. It's about being middle-aged (gulp) and dealing with a parent ending up in a nursing home. So, it's not exactly a great date movie. Ha! It was just OK. While the acting was good, the whiny, complaining, anti-depressant snarfing main characters were very 2-D to me.

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posted by williamt on Saturday, November 15, 2008 and has 1 comments


Complete crap. Amen!

QOTD
"Complete crap"
- Washington DC school czar, Michelle Rhee, to those who say inner-city minority kids can't achieve in school
Michelle Rhee (over there to the right) is a hero (and pretty hot too), and someone who's efforts I really admire. She is trying to fix the Washington DC public school system... firing bad principals and teachers, fighting the teacher's union, and battling the feds and, well, seemingly everyone.

And maybe the most unique thing of all about Michelle Rhee... she actually sends her kids to school in the system she's trying to fix. Someone asked President-elect Obama where his kids would be going to school in DC... cha, not the public school system to which he is so fond of sending other people's kids.

This is a good WSJ story on her today: DC School Chief Scores Gains, Ruffles Feathers

QOTD2
"Only about 6% of the sophomores can read or do math on grade level"
- Washington DC high school performance (from above WSJ story)
6 percent performing at grade level! 6 percent!!!
Can you give me a fucking break and round that to zero?!?!

Of course, if you gave parents $10K to spend on any school they wanted, then you wouldn't need heroics. The problem of poor education (and violence) in our cities would be gone in a generation. It's called competition. It's called personal freedom and responsibility.
amen... yow, bill

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posted by williamt on Tuesday, November 11, 2008 and has 1 comments


Michael Crichton, RIP

QOTD
"Everyone has an agenda. Except me."
- Michael Crichton
Michael Crichton died last week... here's his de facto/bland/generic obit in the WSJ: He Brought Science to Life. The WSJ can make any dead guy boring.

Crichton was success personified... author of a zillion books, "Jurassic Park", "ER", blah blah. My favorite Crichton books were "Andromeda Strain", "Disclosure", "Rising Sun", "Next", and "State of Fear". He had obviously figured out what would sell... rinse and repeat. I also read his autobiography "Travels"... a worthy read, but nothing astounding.

In "State of Fear", he focused on the woeful state of science these days. The state of fear or crisis is necessary these days (always?) for scientific research to be funded. Related, he also was passionate about exposing global warming: Aliens Cause Global Warming. I love that... aliens. He he.

QOTD2
"Environmentalism seems to be the religion of choice for urban atheists."
- Michael Crichton
I read Crichton
yow, bill

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posted by williamt on Tuesday, November 11, 2008 and has 0 comments


Yow, defined

QOTD
"Why did you add 'yow' to your dictionary?"
- Ty Krieger
Silly billy... I didn't add "yow" to my dictionary... it's already in there: dictionary.reference.com/browse/yow

My favorite definition of yow: "exclamation, with various meanings". He he!
that's right... yow, bill

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posted by williamt on Saturday, November 08, 2008 and has 0 comments


Practice

QOTD
"We talkin' about practice.
We ain't talkin' about the game.
We talkin' about practice, man."
- Alan Iverson
Here's Alan Iverson's wonderful practice rant... www.youtube.com/watch?v=eGDBR2L5kzI

It's wonderful because it's a guy trying, trying desperately, to communicate. I can relate.

Obama win.
Jeez, if I could communicate... three things:
  1. No Daddy - There ain't no Daddy. A zillion people in Grant Park last night... the cult of personality. Sorry, Obama is a pol... just like every other one in the bunch.
  2. Lefty intolerance - It's uncomfortable to say, but there is a difference in the left, the dems, the media. It's a meanness... a callow attitude... an intolerance... it feels like, like high school for Christ's sake. There are the popular kids and those not. There's the manic hatred of W: The Treatment of Bush Has Been a Disgrace. There's someone so beautiful and accomplished and unique as Sarah Palin, and she is instantly ridiculed... not her policies or proposals or whatever... her, personally. There is no analog on the flip side of the coin... not Bill Clinton, not Hillary... certainly not Obama. None of these have been treated with this level of personal attack. This intolerance is a symptom of entitlement.
  3. Personal freedom - I wish there was a candidate that sponsored and believed in personal freedom and responsibility: smaller government, lower taxes, school choice, euthanasia, gun ownership, abortion rights (up to viability), and smoking a gol dang cigarette in a bar might be nice as well.
Maybe I'm underwhelmed that black guy is president because I know that America is less racist today than she was yesterday... rinse and repeat. Get it? Yes, there's still racism out there. More importantly, we are approaching, in the limit, a society with no racism. This is a done deal... minority leaders abound and the middle class thrives and this trend continues unabated.

America's racial problem is so localized to the inner city. Why? Minority crime and poverty is a function of the poor schools in inner cities. If people in "the hood" could choose their schools, then education would improve and this problem would be gone in a generation.

Of course, Obama is against school choice. Sigh.

As Steve Martin said, "Roll the crap."
And I heart Alan Iverson.
peace out... yow, bill

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posted by williamt on Wednesday, November 05, 2008 and has 0 comments


Down the rabbit hole we go

QOTD
"John McCain and Sarah Palin... they call this socialistic. You know I don’t know when, when they decided they wanted to make a virtue out of selfishness."
- Obama on higher taxes
Ah, the virtue of higher taxes... the selfishness of keeping your own stuff... down the rabbit hole we go. I don't believe that any of this crap will happen (raising taxes, personal and cap gains) in the middle of a gut-aching recession, but we'll see.

My favorite description of Obama, here the day before the election, is "cipher". It's sort of a misnomer, and maybe enigma would be better, or unknown. I don't know. I mean the media, after all this time, digs up Obama's aunt this weekend and she's living in the projects in Boston, an illegal alien. Obama's take: I think he shrugged. Maybe he's a cipher to himself. He he.

I have a couple of browser tabs of ridiculous media bias and shenanigans. Fuck it. www.newsbusters.org does a good job. Does this election establish a new, unreachable low for media coverage? A bottom? It's hard to imagine that this isn't as low as we'll go, but who knows?

On a positive note, great idea from Kim39 to take Ty with me when I vote tomorrow. I prefer to vote early before any lines, but it is a great idea. Ty's the perfect age (nine) for something like this. Tomorrow's votes:
  • Prez: Palin/McCain... I'll be searching for the option where Palin is at the top of the ticket, he he
  • Senate: not Dick Durbin... there's no greater testimonial for term limits, that Durbin can trash our army guys in the middle of a war and still breeze to reelection
  • Congress: not Judy Biggert... term limits faker
Book: "Night of Thunder" by Stephen Hunter
Review: 1 bill-star
Website: www.stephenhunter.net

I got this book as light reading for my CA trip. The cover said it was a thriller with Nascar as a backdrop. OK, that sounds like the flipping definition of "light".

Ay carumba! The book was a little too light. It was slow and boring and 2-D. Half full: I read it very quickly. He he.

That makes two 1 bill-star books over vacation... that's gotta be a record. Onward and upward.
crash... yow, bill

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posted by williamt on Monday, November 03, 2008 and has 0 comments


Clarity through contrast

I'm writing from the hotel lobby in beautiful Si Valley for Aart's Aaward ceremony tonight. Travel usually means some reading and viewing... good and bad.

Book: "I hope they serve beer in hell" by Tucker Max
Review: 1 bill-star

What a waste... not only of $20 and 3 hours on a plane, but of a life. I thought this would be fun Bukowski-esque reading for my mini-vacation. Nope. This book doesn't deserve comparison to Bukowski, so I won't bother.

The book is about a young (20-something), smart (U of Chicago and Duke Law), handsome guy getting wasted and then being as obnoxious and abusive (mostly to women) as humanly possible.
All I'll say is it's a negative read about a negative guy and his negative life.

Please note... I'm not talking about someone who's depressed or going through hard times or a maniac (ala "American Psycho")... no, this is someone who has everything and chooses to spend it degrading himself and everyone around him. Blech! This isn't in the book, but I'll bet a dollar this guy has a "my rich Daddy didn't pay attention to me" rationale behind all this. (cough) (cough) ah... loser (cough)

And finally, for those in the know... yes, Tucker Max reminds me very much of Brian. Sigh.

Movie: "Pay It Forward"
Review: 5 bill-stars

I would normally disclaim how much I like this corny, schmatlzy movie. After reading Tucker Max, I don't apologize for any positive entertainment option that is available to me.
The last hour of "Pay It Forward" is uplifting and corny and positive... and the rough ending doesn't wreck things, rather it's validation.

Clarity through contrast: One hour of good movie is a lot more powerful, long-lasting effect than 3 hours of crappy book. Huzzah!

Another contrast... playing on this crappy hotel computer sucks compared to home.
The weather's nice though. He he.
positivity... yow, bill

PS - Since my initial review, I see that the Tucker Max book is being turned into a movie. So I now have two positives from this negative read: 1) I appreciated a few minutes of "Pay it Forward" more, and 2) I'm saving $20+ by not going anywhere near the movie. All good.

QOTD
"The only thing better than vacation is home."
- William T.

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posted by williamt on Wednesday, October 29, 2008 and has 0 comments


Yikes!

QOTD
"The consequences of these actions were disastrous. Just look at the stock market from the post-Kennedy high in early 1966 to the pre-Reagan low in August of 1982. The average annual real return for U.S. assets compounded annually was -6% per year for 16 years. That, ladies and gentlemen, is a bear market. And it is something that you may well experience again. Yikes!"
- A Laffer, Oct 2008
From Today's WSJ...
The Age of Prosperity is Over

Laffer draws a parallel between the political and economic missteps of our time to those in the late 60's and 70's. I don't know if he's right, but it's a worthy read.
yikes indeed... yow, bill

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posted by williamt on Monday, October 27, 2008 and has 0 comments


Sports, politics, money

Sports
QOTD

"There are some people in this room that don't need to be here.
We've got guys in here that are cancers.
The thing about cancer cells is, they multiply.
We've got to cut them out."
- Mike Singletary after his first game as coach of the 49'ers... they lost 34-13 to the crappy Seahawks
Singletary might be a great NFL coach. This whole story is pretty good:
http://sports.yahoo.com/top/news?slug=yhoo-singletaryheardloudandclear&prov=yhoo&type=lgns

Politics
QOTD
"But nothing, nothing I’ve seen has matched the media bias on display in the current Presidential campaign."
- Michael S. Malone, some journalist I've never heard of
Malone's (excellent) full story is here:
Editing Their Way to Oblivion: Journalism Sacrificed For Power and Pensions

Ah journalism... lowest all professions. We've had a complete integrity meltdown this election year. It's more than lefty bias. It's angry. It's mean. It's entitled. It's completely ninny-fied as Saturday Night Live becomes the main source for politcial news networks. Another favorite: I saw a CNN piece exploring whether Sarah Palin's wink is racist. No, I am not kidding.

Is all this a sign of the bottom? Will things get better?

Well, let's see if this gets reported:
That's from NewsBusters, which is a righty web site. Where else other than NewsBusters and Drudge will you find this stuff. I see that my Yahoo page is still touting that the repubs bought Sarah Palin clothes. Sigh.

If I were John McCain... and I am not... this audio would be played every minute of every day for the next week. It would be a part of every speech. I would buy Sarah Palin some more hot clothes and run as fast as I could with this football.

Can the articulation of a philosophy like this sway 2-4% of Americans?
I think, um, maybe.
I still believe that Americans do not want European socialism in our country.
I'll keep watching Obama's Intrade stock. It's still at an all-time high right now. Forget the polls, watch the money. Speaking of money...

Money
A couple of esoteric points on the stock market:
  • The S&P 500 intra-day low of 840 is important. We bounce off it, things look a little better. We slide right past it. Yikes!
  • From Minyanville... the S&P is 35% below its 50-day moving average. That's happened only 5 times since 1928, and the market has been higher 50 days later each time.
go long... yow, bill

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posted by williamt on Monday, October 27, 2008 and has 0 comments


Spread the wealth around, baby

QOTD
"I think when you spread the wealth around it's good for everybody."
- Obama to the ubiquitous Joe the plumber... the quote of the campaign of 2008
Argentina's lefty government just implemented their version of "spread the wealth"... they are confiscating all private pensions for the public "good": Kirchner's Move on Pensions Hits Argentine Markets

BTW, that's Argentina's hot lefty Cristina Kirchner over there. Hey, she's almost as hot as our lefty, Barry.

QOTD - today!
"Their pensions go first!"
- Joe Biden on targeting the pensions of executives with "big salaries"
How's that for kismet.
sell... yow, bill

PS - Book Review: "The Third Angel" by Alice Hoffman... 2 bill-stars... too girly.

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posted by williamt on Thursday, October 23, 2008 and has 0 comments


Just a QOTD

QOTD
"a state of shocked disbelief"
- Alan Greenspan's reaction to the current credit crunch from biz.yahoo.com/ap/081023/financial_meltdown.html
Thanks, Alan.
I love that one.
green shades... yow, bill

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posted by williamt on Thursday, October 23, 2008 and has 0 comments


Change



QOTD

"Life’s Too Short To Clean Your Own Home"
- I saw this slogan on a van parked at Portillos... I think it's these guys: The Cleaning Authority
There's a change for ya. Everybody used to clean their own houses.

The QOTD kind of creeps me out, but maybe I'm just old and out of touch.
Growing up, I didn't know a soul who had a house cleaner or a lawn guy or any of that stuff. Maybe it's because I have a house cleaner and a lawn guy now, even though I don't want one. Stupid castle. Maybe it's Naperville. Nah. Maybe it feels like entitlement... and it's not sustainable. Maybe it's OK. I don't know.

Shit, people didn't work out or have multiple cars or organize every minute of their kids' lives... a lot has changed, I guess. Shit (again), I'm older than the shopping mall, so why shouldn't I be a little confused (dehydrated and disoriented). I relish trying to fathom some young person wanting to watch a video on their cellphone. Then, I do the math and realize I'm closer in age to fucking Moz than I am someone who's 21.

That's the rub though... I'm right on it. It's not that I don't understand all this stuff and technology and change. It's that I don't want it... presumably because I didn't have it and I am used to not having it. It's generational and it makes sense to me because it's like the rinse and repeat of life.

Stay tuned for my next post: Bill's toenail falls off. Exciting!
blech... yow, bill

PS -
Hey, go Rays!

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posted by williamt on Wednesday, October 22, 2008 and has 0 comments


It's over Johnny

QOTD
Guy: "It's over, Johnny. It's over!"
Rambo: "Nothing is over. Nothing!"
- from "First Blood"
Intrade don't lie... it's over.


The media has a stake in the election game... make things seem exciting. A boring election means crappy ratings.
Ditto for polling companies. They make news by reporting extraordinary results, not the same old, same old.

Intrade doesn't have an axe to grind. It's a "prediction market" where people put their money on the table. The chart above shows Intrade's "price" for Obama presidential stock. If Obama becomes president, you win. If not, you lose. At 84%, Obama is now a 5:1 favorite over McCain.
  1. Obama spiked to 50% in early 2008 when he beat Hillary.
  2. Obama nudged up to 60% when McCain won the repub nomination... let's call this the "old man" effect. He he.
  3. Obama dipped back to 50% briefly after the repub convention powered by the Sarah Palin nomination.
  4. Obama quickly and steadily soared to his current 84% mark because of 1) the economic/stock market crisis, 2) the debates, and 3) the "old man" effect again. He he again.
So, it's over. Go get 'em Obama. I dare you to raise taxes in the middle of a recession. You've said that you're not that dumb, and that's one thing you've have said that I actually believe.

BTW, I just caught this one:
  • Bush (r) to Clinton (d) in 1992
  • Clinton (d) to W (r) in 2000
  • W ( r) to Obama (d) in 2008
All these presidential party transitions have been accompanied by recession or economic slowdown. I would have to guess, however, that W's goodbye recession is going to be a tad rougher than the previous two. Gulp.

BTW, again. McCain's age has been a major factor in Obama winning. I think an even bigger factor has been McCain's lack of a philosophy or value system... especially economically. Ah, who knows?

I'll say it again for the record. There will be more pressure on Obama to not cowtow to the dem Congress than there would have been on McCain. Shit, McCain trumpets wanting to work with these knuckleheads! In that respect, perhaps Obama can pull off a Bill Clinton-esque type of presidency. We shall see.
meet the new boss... yow, bill

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posted by williamt on Tuesday, October 21, 2008 and has 0 comments


Klaatu barada nikto



QOTD
"Lions and Bears!!! The old-time rivalry is alive and well!"
- TV announcer at today's Bear-Viking game
QOTD2
"You're so ugly; you make my skin crawl. No, wait... that's my maggots!"
- Disembodied head display at the Halloween store
Klaatu barada nikto.
gort... yow, bill

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posted by williamt on Sunday, October 19, 2008 and has 0 comments


Good habits, spreading the wealth

QOTD
"I've tried to avoid teaching, which for all its charm takes a lot of your energy and makes you doubt yourself."
- John Updike from http://online.wsj.com/article/SB122419950877642737.html
In the Q&A with Updike, he describes his daily habit: wakeup and write 3 pages. He's 76, and it sounds like he still follows that regimen. That's a good habit to copy.

QOTD2

"It's not that I want to punish your success... I think when you spread the wealth around, it's good for everybody."
- Barack Obama, Oct 2008 on his plan to tax the bejesus out of "Joe the plumber"
If the repub nominee for president can't run with this shit... ay carumba!
personal freedom and responsibility... yow, bill

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posted by williamt on Friday, October 17, 2008 and has 0 comments


Scanning a zillion old photos

QOTD
"That's a long ass project."
- Chris the Commish, on my copying all my photo albums
I'm trying to figure out the best way to scan in a zillion old photo albums.

Here's my first test:
  • I have approx. 400 prints from 3 separate albums
  • I want 600 dpi scans... to get high reprint quality
  • I want the digital files of the scans... on DVD or CD
  • I want reprints made... for Felecia
I called 5 places today (Oct 15, 2008).

ScanCafe

Go:
  1. Scan cost - 400 x $.27 per print = $108.
  2. Reprints - They don't do reprints. Dop!
  3. Wait - 6-8 weeks to process, then 10-15 business days after I select what I want from the website. Jeez!
  4. Order - They scan in your order and maintain your packaging. They create an online folder for each package of prints you send.
  5. Where - The scanning is done in Bangalore.
Subtotal = dop... they don't do reprints!
I think these guys are competing mainly on price, not service of quality.
The phone guy was in outer Mongolia on a bad internet phone. 6-8 weeks to process... forget it!

BritePix

Go:
  1. Scan cost - 400 x $.39 = $160
  2. Reprints - 400 x $.22 = $88
  3. Wait - 10-12 business days
  4. Order - They scan as organize and create a digital folder for each package.
  5. Where - The scanning is done in Miami or Costa Rica or something.
Subtotal = $160 + $88 = $248
Another bad Internet phone here.
The Miami/Costa Rica thing is a little suspect.

DigMyPics.com

Go:
  1. Scan cost - 400 x $.45 = $180
  2. Reprints - 400 x $.11 = $44 (Kodak)
  3. Wait - 4-7 business days
  4. Order - They create digital folders for each group.
  5. Where - The scanning is done in Mesa, AZ.
Subtotal = $180 + $44 = $224.
The girl answering the phone was good, though she tried selling me that 300 DPI was just fine for reprints. Whatever.

ScanMyPhotos

It looks like they only do 300 dpi... prognosis negative!

Legacy

Go:
  1. Scan cost - 400 x $.49 = $200
  2. Reprints - 400 x $.19 = $80 (Qualex/Kodak reprints)
  3. Wait - 3-4 weeks to online gallery
  4. Order - Yes. I can also tell them what to name the folders and files.
  5. Where - The scanning is done right there in Grove City, OH.
Subtotal = $200 + $80 = $280
It was just a guy on the phone, sounded like the clerk at the photo store. I think this is "good", but who knows.
The reprints are made through Kodak ("Qualex"?). You select reprints from their online gallery and Kodak has then made locally and sends them to you. I guess that's OK.

Conclusion
OK, I originally was keeping track of shipping, but they all seemed pretty much the same.
In fact, the cost difference on any of these guys isn't dramatic, except ScanCafe, and I didn't get a warm and fuzzy from them over the phone.

So, ranking on "feel" and options:
5. ScanMyPhotos - only 300 dpi
4. ScanCafe - no reprints, long wait
3. BritePix - bad vibe, bad internet phone call
2. Legacy - I like the local place, it costs a little more
1. DigMyPics
I think I'll try DigMyPics. The only thing I'm not crazy about is the Kodak printing, but Legacy does that too. They had the best customer service, and they (supposedly) have 3 steps (as detailed on their website) where they do a quality check: scanning, color correction, and final review. I hope they really have some manual intervention because scanning is a dang squirrelly process.

Stay tuned!
luck to me... yow, bill

PS - I have already figured out one trick. I wasn numbering photos to remember their proder in my albums. That sucked. So, now I am going to take index photos of each page, so that I can recreate the original album order. This is much faster... so far!
PPS - See!

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posted by williamt on Monday, October 13, 2008 and has 0 comments


Market review; Book review

QOTD
"We've had virtually no calls, only a handful."
- Theodore Aronson, money manager about his "numb" investors/clients during this market decline
Great article on the recent decline: What History Tells Us About the Market
Points:
  1. People are numb (see quote above) right now. The next stage is capitulation. That means finally looking at your statement and sell-sell-selling.
  2. Charles Schwab currently has $28B in cash and a market cap of only $21B? In fact, the article claims that about 10% (876 of 9,194) of the companies that S&P follows are trading below their cash value. Great, but unfortunately, this is a common occurrence when the credit market seizes up and takes the stock market down, ala 1929-1932.
  3. Some pointy-head in the article says "the market is moving on fear, not facts"... which is a common reprise these days. How can you say that? The stock market looks forward. Well, what does the future hold? We have a credit crunch of unforseen length and severity ahead of us. We a pretty sure to have a recession... like a real one this time, not the wussy recessions of 1990, 2001, etc. That cloudy future is being discounted by the stock market, and it seems to me to be a reaction to facts as much as fear.
  4. Corporate Bonds Slide Along With Stocks is another good WSJ article. The yields are pretty incredible... corporate bonds are yielding 8.5% on average. But how do you hop on these when even GE is kissing Warren Buffet's ass to stay afloat?
Oh well... how about a little book review.

Book: "Ordinary Love & Good Will" by Jane Smiley
Review: 3 bill-stars (out of 5)
Web site: Nope.

OK, so I'm searching for a website for Jane Smiley, and I run across her blog at the Huffington Post. I think the Huffington Post rates up there with moveon.org and Daily Kos. I think. I gotta admit that I haven't swum too deep in that pool... because even the slightest contact with that murky water dredges up hatred and the kind of zealous bias that is so uncomfortable to be around.

Jane Smiley's blog is that kind of irrational hatred.
  • Jane Smiley hates Sarah Palin. In a blog entry "That look on her face", Smiley says that she can devine Sarah Palin's true character by reading her facial expressions and hand gestures.
  • Jane Smiley hates John McCain. She (unfavorably) compares his service in Viet Nam to the terrorist acts of Bill Ayers (which she defends).
  • And an oldie, but a goodie... Hank Paulson's bailout plan is just a scheme for repubs to steal the election. Drat. Another election "stolen" by those nasty republicans. I blame Cheney.
I can recognize Jane Smiley's blind hatred. I can recognize the smallness of character and immaturity that is at its core. I can't, however, figure out how to change or even communicate with people like this.

Ironically, Jane Smiley seems to be more in tune with today's politics. I am the one out of step. Emotion trumps reason! Right? And people question the irrationality of the financial markets these days?!?!

An example: Kim39 sent me an email from a relative of hers that condemned not only Sarah Palin, but everyone in Alaska. The email hit me not only in its absurdity, but also that this person felt no hesitation in freely distributing a correspondence filled with such bigotry and hate. There seems to be a complete absence of introspection, asking herself questions like:
  • "Hmm, I wonder if people will think I'm a bigot for distributing this", or
  • "I wonder if this will be offensive to people", or
  • "Is my calling Sarah Palin a 'red neck' and all of Alaska uneducated and uncaring about the rest of world rational and well thought out?"
Well, Meg-whoever-you-are, you are a bigot. You and Jane Smiley are bigots born of entitlement. You are so certain of your world view that you feel entitled to slash and burn whatever lies in your path. Anything that deviates from your righteous position is not to be tolerated. Yours is a philosophy of intolerance and hatred. Please count me out. As Marilyn Manson said, "I hate the hater."

Again, the characterization is an easy call... fixing it is another matter. Perhaps the only solution is to just keep calling it what it is and maybe some day small, unthinking people like Meg or Jane Smiley will take a moment to realize, "Wow, I really made an ass out of myself there. That was despicable behavior."

Jane Smiley's book barely crossed the 3 bill-stars (worth reading) barrier. It's two 100-page novellas. "Ordinary Love" is about a family reunion sort of situation. "Good Will" is a little better; it's about a family living off the land when things go wrong wrong wrong. Both these stories are pretty lackluster, but Smiley gets by on her smooth-as-butter writing style. Wanna see?

QOTD2
"I can't say that I forgive my father, but now I can imagine what he probably chose never to remember - the goad of an unthinkable urge, pricking him, pressing him, wrapping him in an impenetrable fog of self that must have seemed, when he wandered around the house late at night after working and drinking, like the very darkness. This is the gleaming obsidian shard I safeguard above all the others."
- Jane Smiley, "A Thousand Acres" (a 5 bill-star book, BTW)
Money.
peace... yow, bill

PS - Love the google stream of conciousness... to the right is the CD cover for Sade's "No Ordinary Love". He he!

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posted by williamt on Sunday, October 12, 2008 and has 0 comments


On a positive note

QOTD
"I've said it before, and I'll say it again: democracy just doesn' t work"
- Kent Brockman, "The Simpsons"
Well, I watched my first prez debate this election year.
There was a clear loser in last night's debate: me.
Yawn. He he.

Ya know. I don't think McCain believes in half the shit he's saying or proposing. He is relying completely on the experience card. You've gotta have more than that, especially since the experience with him, um, ain't so great.

I think Obama has the election won. The positives of this:
  1. He's a relatively young guy... 47 years-old is a pretty good age. It's a heck of a lot better than 70-something.
  2. He must be smart... Harvard Law and all.
  3. He has charisma, so maybe he'll use that charisma as a positive when he's actually in power. I dislike his supporters and the media more than Obama.
  4. I believe in the American people and their choices. Was Nixon our last presidential gaffe? He beat Hubert Humphrey in 1968. I don't know.
So, enough of the "Barry" and my shenanigans.
Meet the new boss... "Barack".

The S&P 500 is below 1,000. The rest of the stock markets on the planet are worse.
I hope these links don't go away:
The message in the links above, from "pros" and financial advisers/planners, is almost universal: buy and hold.
Golly. I don't know about that.
Hey, maybe they're right. Maybe I'm wrong. I hope they're right.
It sure doesn't seem that way though.

Keep the positivity.
smile... yow, bill

PS - Re. the debate... at least someone sort of agrees with me: The worst debate ever

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posted by williamt on Wednesday, October 08, 2008 and has 0 comments


I'm voting Palin/McCain... here's why

QOTD
"The heels are on; the gloves are off."
- Sarah Palin
Two more blatant hit pieces on Sarah Palin:
  1. A race-card smear by the AP:Analysis: Palin's words carry racial tinge
  2. A Newsweek hit piece: The Palin Problem
There is no lower profession in America than journalism.
None.

Can we acknowledge and recognize the fact that the main-stream media in this country is partisan? The credibility of sources like the AP, Newsweek, CNN and others has sunken below the horizon of credibility for years now.

There's an anger on the left. This anger is zealous and righteous and sarcastic and negative and entitled and intolerant and...

Disclaimer: OK, I'll vie it to you. I know John McCain will throw anyone/everyone under the bus at the drop of a hat. I know that he's a hundred years old. Other than the military, I can't figger a single dang thing that the guy really stands for. And so on.

I'll go even further. I can't tell you that McCain will be a better President than Obama. Who knows? Clinton got in there and turned into a pragmatist... passing NAFTA, welfare reform, etc. W gets in there and the stock market tanks. Go figger.

So, I'm voting for McCain.
Or more accurately, I'm voting against Obama.
Three reasons:
  1. No Experience: Yes, Obama has even less experience than Sarah Palin. He hasn't run anything, so now the US? I don't think so.
  2. Lefty: Obama is a hard-core leftie... bigger government (bigger than $3T?!?!?!), anti-military, anti-US, anti-business, anti-rural, anti-religion, etc. Everything sucks for the left. This is not what makes America great.
  3. The Wailing: Close your eyes and imagine the wailing if Barry loses. I know it's a stretch, but just imagine. Man, that's a big smile! I want to vote against those that slash and burn in the name of Barry... the media, Europe, academia, celebrities, etc. You know you're doing something right when you're on the opposite side of that group.
And yes, I heart Sarah Palin.

QOTD2

"This is not a man who sees America like you and I see America. We see America as a force of good in this world. We see an America of exceptionalism."
- Sarah Palin on Barry O'Bama
Gol dang it... that's what I'm talking about!
palin for prez... yow, bill

PS - And if you're a leftie or a dem and reading this... I could-a probably voted for Hillary. Funny, how someone pragmatic like Hillary Clinton would have been an ideal candidate in these tough economic times. So, don't blame me! As Mike LaFontaine says, "Hey, Wha happen?" He he!

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posted by williamt on Monday, October 06, 2008 and has 0 comments


Marathon results... a 40-something victory

QOTD
"I think you're crazy. This whole thing doesn't make any sense."
- Old man on the sidewalk hassling some poor runner schlub who cramped up during the marathon
Hey, fuck that old man. Here's a better one.

QOTD2
"RUN BILL RUN!"
- I saw this sign 3-4 times while running, but I never saw their Bill
My marathon result today: a B (see previous post for grading scale... he he)
I ran the thing in 3 hour, 44 minute, 42 second.
That's an 8 minute, 35 second pace for the run. Huzzah!

Here's the "official" tally: Lakefront Marathon 2008 Results (you have to search for me)
If you don't want to search for me, here's some of my favorite stats:
  • I placed 489 out of 2009 runners
  • I finished 66th out of the 160 45-50 males
  • My splits: Halfway 1:49:57, 20 mile 2:48:38
It was a bit weird because the conditions were dang near ideal (and 10x better than last year)... and yet I never really got comfortable or found my groove. I've had much better feeling training runs. In fact, my halfway split last year in the heat and humidity was faster than this year.

What else?
  • I'm happy that I didn't cramp up or break down. My legs were twitchy, but they never gave out.
  • I'm really happy that I had a kick at the end. I wanted to beat 3:45, and I kicked pretty hard the last half mile to make sure of that.
  • I'm even happier that I'm now retiring from the marathon business. I'm a sprinter baby. Maybe I'll try and run some fast 10K's next year or something.
  • So, I figger... at 3:45... I'm not a marathon tourist, but I'm not a "real" marathoner either. I'll take "rank amateur" or maybe "marathon hack"... yeah, I like that. I was a marathon hack for a couple-a years.
I was philosophical while running. It occurred to me, when I realized that a Boston-qualifying 3:30 was not going to happen... it occurred to me that this is a typical 40-something victory... bittersweet. God, it was a sweet feeling to have that kick at the end, and to run under 3:45. It was great to not limp in to the finish. It was bitter to not do better and to not have felt really comfortable in the race.

It appears that the world-dominating victories of my 20's and 30's will not be repeated. 40-something victory is a good time, but not a great time. It's thyroid cancer, but you probably got rid of it. It's learning something new, even though you're never going to plant a flag anywhere doing it. It's a rubber band around your wrist to remind you of your kids, and that they mean you have it all. 40-something victory is less sharp, a little more rounded around the edges. Like my 3:45 time... hey, it's pretty good.

Oh well. I tip my cap to Mr. Marathon. Crusty old man. There's no faking it with that guy. That's kind of nice, I think.
peace... yow, bill

PS - Happy 39th birthday Kim39.
PPS - It's 4 years since Gram died today too. Gram's stubbornness continues on... at least in the half-assed, diluted form that is Bill 40-something Krieger.

QOTD3
"With Gram, you always knew there was somebody who would be happy to see you."
- Brian Krieger

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posted by williamt on Sunday, October 05, 2008 and has 0 comments


Marathon tourist

2 miles. Done.
Jeez, it was beautiful out there.

This morning is a wrap on marathon training. Huzzah!
Here are the happy, crappy totals:
  • Jul: 18+14+25+22+0 (Ty vacation, he he) = 79
  • Aug: 32+27+20+34 = 113
  • Sep: 39+27+44+25+6= 141
So, the tally is 333 miles training this summer.
I like Kim39's quote: "It's like you're a car." He he.

I am a slave to the weather, which sucks. Today is just awesome. The forecast for Sunday is almost as good. We shall see.

It's pretty much the same old, same old this year. The small tweaks are:
  • I've only lost 3-4 pounds, so I'm running maybe 6-8 pounds heavier than last year. I'm on the wagon, but I think last year I watched my diet a lot more.
  • Eat more before the run... my longest training run was 3 hours, 15 minutes. I ate a lot before it, and I think it helped. I think I was just plain running out of energy. So, before the marathon, I'll fuel up on oatmeal, banana, OJ, and a power bar or two. I'm also going to snarf as much gu during the run as I can.
  • Medicate... I'm going to snarf a couple Advil at the halfway point. I also am going to slap a couple of those Salon Paas (?) pain patches to my calves because they're barking lately.
My pace dream/hope: hit 15 miles in about 2 hours... and then see what's left in the tank for the last 11. Of course, I pretty much did that last year and then gacked.

I'm cranky. The guy in DC calling me a marathon tourist... losing last year to the weather and cramping up from head to toe... having to do this crap again... I'm cranky to win.
Here's the fucking kitty:
  • A+... 3 1/2 hours (Boston)
  • A... 3 hours, 38 minutes (better than someone)
  • B... 3 hours, 45 minutes (8 1/2 minute miles)
  • C... 4 hours (9 minute miles)
  • D/F... fuck it (dop)
QOTD
"Bet it all. Win it all."
- Brian Krieger
run old man... yow, bill

PS - This is what I'm cranky about... here's a photo of me getting my ass beat last year:


PPS - Tourist. Old man. We'll fucking see this year.
PPPS - Yes, I'm certifiable. So what.

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posted by williamt on Thursday, October 02, 2008 and has 2 comments


A 6-ballpark summer

Great QOTD
Q: "What do you expect out of Freddy Garcia against the Sox today?"
A: "A hungover Freddy"
- Sock pitcher Mark Buehrle on the radio today
Buehrle went on to say that he text-messaged Garcia at a bar last night, and that Garcia frequently drank before starts when he was with the White Sox. Excellent.

Ty and I hit 6 ballparks this summer. That's right. 6 ballparks!!!
Here they are in chronological order, and I've even scanned in our tickets from each game. Su-weet! Click on the ticket picture for a full size view. And no, I didn't pay the price you see on the ticket... I'm crazy, but I'm not...





Game 1: Met, Shea Stadium
Ty and I started started out baseball trip with a game at Shea. Shea Stadium is a dump... pretty easily the worst ballpark I've been to. They are replacing it next year. Huzzah!

We got first row, upper deck seats, which were nice, but a bit cramped.

NY Met (and Naperville Planet) ace Johan Santana pitched and he did not disappoint with a complete game win over the Cardinal. Yeah, it's tough to get real fired up at a Met-Cardinal game, but I was complimented any number of times on my "This Old Cub" t-shirt.

Ty enjoyed watching his fantasy starts Jose Reyes and Carlos Beltran. Also, it was Mets Lunch Box Day for the kids. Su-weet.

Game 2: Yankee, Yankee Stadium
We did the Yankee game with Brad and Bobbie. Excellent.

Ty loved Yankee Stadium... another ballpark in it's last year. The new Yankee Stadium right next door looks like the Taj Majal. Ty couldn't snarf the Yankee autograph or ball that we was seeking, but he gave it a good try.

The Yankee lost. Dop.
To the Oriole. Dop dop.
Oh welll, that was not an unusual occurrence this year... 2008 was the first year in like 11 years (and Derek Jeter's career) that the Yankee did not make the playoff. Speaking of Jeter, it was Derek Jeter UNO cards night. Marketing gone wild, eh.

We got to see an A-Rod home run, which will be historically cool in about 10 years when A-Rod overtakes Barry bonds. In the atbat after his moon shot, A-Rod got beaned by some mope on Baltimore (Daniel Cabrera), and the guy was later suspended for a few games for his effort.

Game 3: National, Nationals Ballpark
This was the finale of our baseball trip. It was awesome:
  • We had front-row seats... right behind home plate.
  • We also got free food, drinks, and ice cream (Dibbs, to be exact) in the deal.
  • Nats win... beat the Reds and older-than-dirt Odalis Perez got the W?!?
  • And the batboy gave Ty a foul ball at the bottom of the screen. It was fouled back by Adam Dunn, the Big Donkey. Ty reached his paw under the screen and yelled at the kid, "Hey, can I have that?" The batboy smiled and slipped Ty the ball right under the screen. He he!
I was text-messaging Chris the Commish to look for us on his satellite package. He text-ed back that we were prominently featured in the telecast, and that he couldn't believe how much I was eating. Hey, it was free!

Game 4: Cub, Wrigley Field
OK, I'm cheating a little bit here. Ty went to the Cub with his Mom... and got a bunch of Cub autographs before/after the game (Marmol, Fukudome, Theriot, I think). I went to my Cub game with Holly and Ed.

The Cub won for Ty, and he was splashed on WGN rooting in the 9th inning for the Cub to hold their slim lead. Shit, we bumped into people for a week squawking about how they saw Ty on TV.

The Cub lost for me and Holly and Ed... lost ignominiously to the Red and Bronson Arroyo. And we weren't on TV. But we did get some Yakzee's BBQ chicken pizza before the game. I'll take it.

Game 5: Cub, Miller Park... yeah. the no-hitter
Yeah, we saw Zambrano's no-hitter... Astro game move to Milwaukee for hurricane Ike... last minute, completely out of the blue... me and the Poap and the kids... total money!

And yeah, it was awesome!

Game 6: Sock, Cellular One Ballpark
This was a throw-in. Ty and I went on the last day of the regular season... not counting the makeup game they played today. The Sock won, with the aforementioned Mark Buerhle starting, to get a chance to play Minnesota in a one game play-in.

If the Sock make the playoffs, then it'll be the first time since 1906 that both the Cub and Sock are in the playoffs. Huzzah!

It was a great summer.
the best... yow, bill

PS - F the Met.

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posted by williamt on Monday, September 29, 2008 and has 0 comments


(Pretty) Clear vision of the future

QOTD
"I guarantee you that Moore's Law will not end on my watch. Nobody in tech wants to be the guy who goes down in history for killing Moore's Law -- and it sure won't be me."
- Intel CEO Paul S. Otellini from "Intel Reboots for the 21st Century"
Here's Moore's Law if you don't know what it is: Wikipedia on Moore's Law.


Computer power/capacity keeps doubling every 18-24 months, and computers will be about 1000x more powerful in 20 years than they are today.

These numbers make the future a little clearer... technology will continue to dominate and transform society. As long as Moore's Law continues, the (crazy) technology predictions like those of Ray Kurzweil are still on the table.
singularity is nearer... yow, bill

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posted by williamt on Sunday, September 28, 2008 and has 0 comments


Sex with Warren Buffet

QOTD
"It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age."
- Warren Buffet on his $5B investment in Goldman

Buffet is right and wrong: Buffett Buys Goldman Stake in `Economic Pearl Harbor'

He's right that he should buy. He's a zillionaire and he can absorb a $5B loss if it comes to that. He can also absorb 5 years of underperformance on the investment if it comes to that as well. Plus, it was a total sweetheart deal for him as Goldman wanted Buffet's name on their shingle.

He's wrong in that, even if Congress pens this $700B bailout deal, that doesn't mean the world is right as rain. What if the bill passes, huzzah, and then that doesn't solve the credit crunch? Or the dollar tanks? Or whatever?

All this and now global warming rears its ugly head once more: Solar wind weakest since beginning of space age. Now, I'm not sure about the science on how American SUV's cause a decrease in solar winds, but I'm sure I can find a nobel laureate out there the explain it.


That said, I am already pre-bumming... the anticipation of bumming. The termperatures this weekend are low in the 50's and high in the 80's. I'm crossing my tired fingers (and legs) that the weather is cooler for the marathon in Milwaukee next weekend. I'd love a brisk 40-something start at 8:00 am with a cushy breeze off the lake and high 50's by 11:30 when I cross the finish line. Pinch me!

If the forecast is ridiculous in 10 days, I'll find a better run. I hope not though.
cross this... yow, bill

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posted by williamt on Thursday, September 25, 2008 and has 0 comments


None. Not one.

QOTD
"No Americans say that the national economy is getting better"
- Latest poll by these American Research Group guys
1,100 random phone calls between Sep 16-19... such great stats... they should make this shit pay-per-view:
  • 0% of Americans think that the national economy is getting better. None. He he.
  • 42% of Americans think that the national economy will be better a year from now.
  • W's approval numbers went from 30% approval in August to 19% this month. Dop.
I don't have the link, but it's interesting to note that almost all the other stock markets around the globe are down more than we are.

How is even possible or conceivable that John McCain wins the election with this crap going on?
I know I don't have that vivid an imagination.
sell... yow, bill

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posted by williamt on Tuesday, September 23, 2008 and has 0 comments


Book Review: "Confessions of a Contractor"

QOTD
"The Bautista brothers expressed their feelings silently every time the got into their truck: the drove home to their wives faster than they drove away."
- from "Confessions of a Contractor" by Richard Murphy
Book: "Confessions of a Contractor" by Richard Murphy
Review: 4 bill-stars (out of 5)
Web site: http://www.confessionsofacontractor.com (my review of the web site is 1 bill-star... it's a bouncy and jittery, full of unnecessary Javascript)

I bought the book because of the cover. Kudos to... whoever.

This is a nice, fun, light guy-read. The guy's a general contractor, and it's mostly about his relationship with the hot MILFs he works for... well, that and his crew.

The book would be a great vacation read (no, I'm not of vacation). It's sort of like Bukowski without all the drinking and negativity. Sure, I could have done without the "feelings" and especially the cats, but it was still a lot of fun.

If this book isn't morphed into a movie, then I don't know my bid-ness. Which I don't.
peace... yow, bill

PS - Definition of the day: zaftig

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posted by williamt on Monday, September 22, 2008 and has 0 comments


Leadership

QOTD
"To be frank about it, given the talents of Gen. Petraeus and the talent that he had around him on his own staff, if I look back on it and am honest with myself, they would have accomplished all the same results if I had never gone to Iraq."
- General Jack Keane on "the surge"
Outstanding article on the Iraq war: Why the Surge Worked

Two things jump off the page:
  1. The Iraq surge is an exhibition of tremendous leadership in the face of negative public opinion and weasely Joint Chiefs by Keane, Patraeus, and primarily by W.
  2. You see this so often in military guys: extraordinary humility. I assume this is a byproduct of extraordinary strength and character.
You compare these words and actions to the current economic woes, and the reactions by McCain, Barry, Congress, etc. Well, there is no comparison.
sell... yow, bill

PS - Mini-burgers.

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posted by williamt on Sunday, September 21, 2008 and has 0 comments


DFW RIP


I like this quick read... a commencement speech by DFW, 2005:

David Foster Wallace on Life and Work

From that...

QOTD
"The really important kind of freedom involves attention, and awareness, and discipline, and effort, and being able truly to care about other people and to sacrifice for them, over and over, in myriad petty little unsexy ways, every day. That is real freedom."
- David Foster Wallace, 2005
I like that: attention, awareness, discipline, effort, caring, sacrifice.
I disagree with the "unsexy" part and it's not really a "sacrifice" if you dig it, but I like it.
peace... yow, bill

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posted by williamt on Friday, September 19, 2008 and has 0 comments


Jeez, I'm cranky.

Jeez, it seems like a crank-a-thon over here.
What to do? Assholes seem to be the rule, not the exception.
It's raining hypocrisy.

Here we have (in no particular order of stupidity): the Pope, Joe Biden, Barry's campaign spokesman, and the SEC.
Go!

QOTD1

"Have not money, the thirst for possessions, for power and even knowledge, diverted man from his true destiny?"
- Pope Benedict Sep 2008 in Paris

"Benedict blasted modern society's thirst for these new 'pagan' idols as a 'scandal, a real plague.' The pope urged the faithful to 'shun