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How Can Daily Users Not Know?

Insulated Lunch Bags in the Fridge

The owners can't possibly know how either works or they wouldn't do it.

I will never understand why people place insulated lunch bags in the refrigerator. The action shows a fundamental lack of understanding of how an item they use on a daily basis works. The insulated lunch bag keeps the items inside cold with a layer of insulation that prevents the exterior temperature conditions from effecting the inside temperature. The protective insulation prevents the heat of you office desk from warming your precious lunch…it also keeps the cold of the office refrigerator from cooling your food further. So placing the insulated tote in the fridge (unopened, as 90%+ of the are) does nothing but take up extra space.

The other thing to keep in mind when placing stuff in the fridge is that if air can’t circulate around the item, then the item will not get cold in an efficient manner. So placing a multitude of lunch totes like a stack of bricks in a wall will not do anything to keep your items cool. Furthermore you are preventing other items (specifically those not in an insulated tote) from staying cool. Essentially you are showing your ignorance for multiple daily use items and creating a negative externality for other in your office.

Please stop doing this. Just saying…

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Mr Silvey Never Wanted a Kindle

The Kindle with The Wall Street Journal

How much for a WSJ subscription?

I never wanted a Kindle. In fact I openly told the people that gave me a Kindle for Christmas that I would not like one. They knew better…and were correct. Now that I own a Kindle I love it. I find it imminently more holdable than a paperback while reading in bed, the built in dictionary defines any word in the text with a simple cursor hover, it allows the reader to tweet/facebook interesting passages on the fly, blah…blah…blah…you can easily look up the features if you are interested here. Suffice it to say that the device is designed well and surpasses my expectation for the purpose it serves.

It’s been years since I’ve had the spare time to sit down and read a book (for pleasure!), let alone be able to write a blog post about my leisure time. Since dropping out of graduate school I had two kids, four jobs, lived in three houses in two states, taken 20+ semester hours in accounting coursework to qualify for the CPA exam, studied for the CPA exam, and finally passed the damn thing. Instead of Dr. Silvey, I will be known from this point forward as C. Silvey, CPA. Needless to say my life has been too busy for hobbies, friends, reading, blogging, etc. I finally feel like I have my life back. I have left public accounting and the endless work that is associated with the and now work bank hours, with tons of vacation days, Holidays, and leave work at 5 on the dot most days of the week. Life is good.

The Kindle arriving at the beginning of a more leisurely pace of life was actually a more thoughtful gift than I could have ever guessed. My first book download was Autobiography of Mark Twain: The Complete and Authoritative Edition, Volume 1. A 743 page book in 8 point font that the Kindle makes better than the print edition could ever hope to be. The Kindle increases the font size to a size readable by mortal humans and and reduces the size of the text from 3+ inches thick to a thickness of .335″ and 8.5 ounces. This book would be a tremendously awkward, if not downright un-enjoyable, if not read on the Kindle.

The other purchase I planned to make was a subscription to The Wall Street Journal. We let our subscription lapse a year ago when the Journal wanted $250+ a year for a subscription renewal and would not budge on the price. I decided to wait six months to qualify as a “new subscriber” again and then would start a new subscription. I asked for a subscription to the Journal for Christmas but did not receive it and thought that the Kindle might make a great alternative to getting the paper delivered to my door (although experience has taught me that any day I really look forward to reading the paper it will not be delivered…this is an undeniable truth of life). I can get a 1 year WSJ subscription for $99 (introductory rate) but Kindle wants $180 a year…my question is why so much? Isn’t it cheaper to electronically push the edition out than to print and deliver a physical product? Furthermore, the Kindle subscription does not allow access to the WSJ website or mid-day updates like I would get for my $99 subscription to the paper version. I am sure they have their reasons…but until they can walk me through the logic of paying 81% more for an inferior product I just can’t bring myself to pull the trigger on a journal subscription on the Kindle. On top of that…now I don’t want to subscribe to the paper version either, because I don’t want to lock myself in before the WSJ comes to their senses and sells the Kindle subscription at a more reasonable rate and/or adds features to the Kindle subscription.

It’s too bad. I really like the ritual of drinking coffee and reading the journal before starting the day.

Update: I have downloaded a few issues of the Kindle WSJ. It is a wonderful reading experience. There are no advertisements, I don’t have to go outside in 20 degree weather only to find a soggy copy of the paper in the gutter, and the navigation through the paper is extremely intuitive. I will not be subscribing to the journal at this time, but will pay $0.99 (plus tax…boooo!) when I know I will have a spare hour in the morning. I am also testing out a 2 month free subscription to the New York Times. Also an excellent adaptation of the paper to the Kindle.

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Like the New Look

As you can see I have updated the sites look and added functionality to make the site easier to read on a mobile device. Let me know what you think?

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Home Loan ‘Crisis’ and The USA Today

There is a horrible piece of journalism in The USA Today today (I love saying today twice I a row) with the title “Foreclosure crisis has ripple effect” by Haya El Nasser.

Haya relies on a survey of 1240 politicians, with only 211 responses, by the National League of Cities. Not exactly an unbiased scientific sample…but this isnever mentioned by the writer.

“The American dream for individuals has now become the nightmare for cities,” says James Mitchell, a Charlotte councilman and head of the group’s National Black Caucus of Local Elected Officials.

Foreclosed homes are the target of vandalism, he says, and there’s been an increase in police calls.

In Peachtree Hills, one of the many neighborhoods of starter homes that sprouted around Charlotte this decade, 115 of the 123 homes are in foreclosure, Mitchell says.

What does Haya think city fficials are going to say. Cities are in a revenue squeeze looking at a likely recession. They have a vested interest in hyping a crisis in the hopes that the sugar daddy, the US Federal Govt., will ride in to the rescue with piles of money to throw around.

A quick Google search of Peachtree Hills in Charlotte hits on the following from The Charlotte Observer December 10, 2007 labeled New suburbs in fast decay

In Peachtree Hills, police are summoned nearly 300 times a year, mostly for property crimes in the 147 homes. But the 4-year-old neighborhood, near Sunset Road, has also seen robberies, shootings and gang displays more commonly associated with violent urban areas — not new subdivisions.

Sounds like a place I would walk away from even if I had money coming out of my ears. The article continue’s:

She bought a home in Peachtree Hills for $129,000 early last year, and moved in with her 3-year-old son. Houses were still being built and her street looked good. She didn’t know builders were selling homes to investors from California and New York and New Jersey, or that a handful of homeowners had defaulted on their loans.

Hall also didn’t know crime was rising, or that gunshots would sometimes wake her.
“I was born and raised in Queens, in the middle class, and I never had these problems,” Hall says.

But Hall’s fighting to change things.

After months of trying, she finally revived Peachtree’s homeowners’ association.
Its first move was to persuade Duke Power not to cut off the street lights. Peachtree was $4,000 behind on its electric bill.

Next, a letter went out to all property owners: Pay your dues or we’ll put a lien on your home.

So investors and people that cant afford the payment on a $100,000 home are the people that are at risk. I say, so what?

If speculators in from California and New York lose their shirts no one should cry a tear. They knew the risk when they took the negative amortization zero down interest only loan. They gambled trying to make easy money and bet incorrectly. Too bad…so sad!

The average rent in Charlotte is $725 according to rent.com. The payment on a $130,000 house with a 30 year mortgage @ a rate that has increased to 10% (which is not realistic…most people in ARM pay far lower rates) is $1141 a month. If they re-finance to a 6% fixed rate,available at this very moment is just a few dollars more than the average rent. If you can’t afford these reasonable payments than you SHOULD NOT be a homeowner. No one lied to you! You could have done the math and you can afford payment at 10%. If youcan’t afford this than you never should have been a homeowner and you were living on a borrowed American Dream thatwas never yours in the first place. Sheesh.

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Who Is On Top – A Question For The Ages

Who is on top…Obama or Hillary? I really can’t answer the implied question here. I mean Obama is the man, but so is Hillary. I think if the two had to figure out the answer to this question the battle to win would be even bloodier than the fight for the Democratic nomination. Either way, Obama loses, even if he figures out how to get on top…which Hillary will never give to him easily.

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What Happens When You Type Obama Into an MS Outlook

Haven’t news personalities been in hot water for making this error?

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A Solutions Manual Trade has Been Proposed

I have solutions manual to the following:
1.MWG.(hrd n soft copy)
2.ROMER.(hrdcopy)
3.SIMON AND BLUME (soft copy)
4.CASELLA AND BERGER (soft copy)
5. WILLIAM GREENE (soft copy)
6.JEFF WOOLDRIDGE (soft copy)
7.SARGENT AND LINQUVIST.(soft copy)
8.STOKEY AND LUCAS (hrd n soft copy)

I am looking for the complete solutions manual to Robert Feenstra’s book on International Trade. Please contact me at mranon1976@gmail.com, if you would like to trade any or ALL of these manuals for the one above. Please do not mail with any other offers, you will be wasting ur and what is far worse, my time.

Update: There are many more offers for trades that can be found here. I posted this trade as its own post because this guy has an entire graduate program worth of solutions. Happy trading

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Women in Saudi Arabia

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Prison vs. Work

Top 10 differences between prison and work:

IN PRISON: You spend the majority of your time in a 10X10 cell.
AT WORK: You spend the majority of your time in an 8X8 cubicle.

IN PRISON: You get three meals a day.
AT WORK: You get a break for one meal and you have to pay for it.

IN PRISON: You get time off for good behavior.
AT WORK: You get more work for good behavior.

IN PRISON: The guard locks and unlocks all the doors for you.
AT WORK: You must often carry a security card and open all the doors for yourself.

IN PRISON: You can watch TV and play games.
AT WORK: You could get fired for watching TV and playing games.

IN PRISON: You get your own toilet.
AT WORK: You have to share the toilet with some people who pee on the seat.

IN PRISON: They allow your family and friends to visit.
AT WORK: You aren’t even supposed to speak to your family.

IN PRISON: All expenses are paid by the taxpayers with no work required.
AT WORK: you get to pay all your expenses to go to work, and they deduct taxes from your salary to pay for prisoners.

IN PRISON: You spend most of your life inside bars wanting to get out.
AT WORK: You spend most of your time wanting to get out and go inside bars.

IN PRISON: You must deal with sadistic wardens.
AT WORK: They are called managers.

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Black Women Face Quandary in Democratic Race – Racism By any Other Name…

Linda Wertheimer over at NPR neglected to bring her racism and sexism detector to an interviewed aired April 9th, 2007 on the show All Things Considered.

The premise of the story reads as follows…

Sen. Hillary Clinton is the first woman frontrunner for president in either party. But right behind her looms Sen. Barack Obama, the most competitive black candidate for president ever. What conflicts might this pose for black women in Democratic primaries?

The answer is it should create no dilemma for black women…or black men…or white women…or green Martian US Citizens…the color of your skin and the type of genitalia you have between your legs shouldn’t matter one ounce when a person decides who should lead one of the most influential country’s in the world. To base such an important decision on such a trivial basis is stupid and by its very nature racially and sexually discriminatory on the most base level.

If I were to say that as a white male my choices in the democratic primary are between Joe Biden and John Edwards because they are white males…with an outside shot for Hillary becasue at least she is still white…I think Don “nappy-headed hos” Imus, Michael – Cosmo Kramer – Richard’s, and Trent “Thurmond would make this country a great place” Lott would breathe sighs of relief that they hadn’t said that. Surely if I was being interviewed on NPR I would be called on to justify my obviously racist attitude…and rightly so.

But when Sally McMillan, a black female student at Morgan State University one minute and 50 seconds into the story is asked what she would be making her decision on when deciding between Barack Obama and Hillary Clinton she states that her decision will be based on the merits. What are the merits you ask? The candidate has to…

…know how to influence others properly to get the desired results. I think that’s something Hillary Clinton, as a women, will be able to do.

As is only women have that power. Someone get JFK and Ronald Reagan out of their graves and interrupt Bill Clinton from the campaign trail to let them know that women ultimately have the ability to influence others to get the desired results. Sheesh!

3 Minutes and 30 seconds into the story Linda Wertheimer interviews Dawn Walker, a chemistry major at Morgan State University, who has this gem of wisdom to share…

So she’s [Hillary Clinton] a women…but because she’s not a black women though, you see what I’m saying? See the hierarchy is

  • white man
  • white women
  • black man
  • black women
  • I guess my teachers forgot to explain that in Racism/Sexism 101 my freshman year of college. She continues,

    So she’s a white women…and I’m a women…but, I’m like two doors down from her…even still. Yeah she’s all about women’s rights and da da da, and pro-choice, and this and that…but I’m still black and she knows that she’s white. So, it’s like…she’s not really thinking about us. She’s not thinking about us and I know that Barrack is thinking about us…and he’s a man, but because he’s black it’s just going to be like that, you know? You have to think about that when we go to the election and vote.

    So white people just don’t think about blacks? Or is it just white women? Or is it just Hillary Clinton that is not thinking about black people? And how can she be so certain that Barack Obama is thinking about these things? Was there a talking points memo disseminated? Was I off the list because I am a white male? Should everyone always vote according to who is closest to their background on the Dawn Walker hierarchy of race/sex? Would that only be racist for white males to admit to using…why does Dawn Walker get a pass when making an utterly bigoted remark such as this?

    6 minutes and 30 seconds into the story, Nelly Montaine, a Catholic Choir Singer at the St. Margaret of Scotland Catholic Church in Maryland was heard stating…

    Some people will be voting for Barrack Obama because he is black, but we still live in white America ladies and you know it.

    uh-huh…what’s that mean? It sounds as if she is insinuating that white Americans would not vote for a black man. She continues,

    When the majority of America, which is white, looks at Barack Obama they see a black man. They don’t see a man of mixed racial heritage, all they see is a black man. Like I said, this is till white America. I think the reality of the thing is he’s going to have a struggle.

    It sounded to me that all the sweet old choir lady saw, when she looks at Barack, was his skin color. If white America will never vote for a black man, is that a bad thing in Nelly’s mind? If so, and I hope that it would be a problem in her mind, why isn’t it a problem that she seems to know people that will vote for Barack simply because he is a black, or mixed race, person? Listen to the interview…the tone of her voice shows no disgust at the idea of people voting for Barack based on his skin color…but much annoyance that she believes white America would probably vote against him for the same reason.

    In the immortal words of Ayn Rand ‘A is A’ and likewise racism is racism, regardless of the color of the speaker of racist ideas. The same goes for sexism. In this hypersensitive world we live in the idea that multiple racist and sexist remarks could go unchallenged by a tax payer funded journalist is just unbelievable. That is it’s unbelievable until I tell you that black women are speaking the bigoted remarks and the venue is NPR.

    Skeptical Brotha when will you denounce these racist remarks as strongly and as loudly as you did the Imus idiotic remarks?

    Vox ex Machina where is your denouncement?

    Unrepentant Marxist…I am waiting for your thoughtful post on this issue.

    Lean Left…will you add these people to those we need to leave behind?

    Pat Dollard…will you denounce this?

    Some shaming on this NPR peice can be found at Elephant Biz and at Logical Meme. That’s it for now. We will see if any of the above mentioned blogs find it worthwhile to denounce all racisn/sexis…or just the stuff that fits the conventional wisdom about what a racist/sexist comment is defined in todays society.

    Update: As I suspected all of the blogs that screamed bloody murder a couple of days ago about the racism/sexism of Don Imus have nothing to say about this issue when the racist is not a white male. I will update thi post if any of the people I put ‘on blast’ (see comments for explanation) actually respond to the NPR report.

    Update II: Vox has responded here. In a nutshell the story has a racist sexist premise but for the most part the individuals in the story do not appear to have made much of any racist/sexist statements. A good read.

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