Archive for the ‘Uncategorized’ Category

What I Learned Last Week

US FTAs

US FTAs (Photo credit: Wikipedia)

Tsunamis can occur in lakes.

Within 12 -24 months of retiring, 75% of NFL players will be alcohol or drug addicted; divorced; or bankrupt.

The Federal government takes in about $2 trillion a year, spends $3 trillion and is $16 trillion in debt.

The U.S. has 6 major shipyards. China has over 100.

The Pilgrims originally proposed settling in Manhattan, but were denied permission by the Dutch.

More people die world-wide from chronic hunger than malaria, tuberculosis, and AIDs combined.

The US government mandates that we convert 40% of our corn into ethanol.

Since 9/11, more Americans were crushed by falling furniture or televisions than were killed in terrorist attacks.

In the last 6 years, Canada has negotiated 6 free trade agreements. Canada 6, USA 0.

What I Learned Last Week

Cuba landscape

Cuba landscape (Photo credit: RHTRAVELER)

China’s labor costs are now as high as Mexico’s.

U.S. birth rates are the lowest in history and still declining.

The U.S. is ranked 42nd among nations in life expectancy. But if you factor out murders and auto accidents, we are ranked #1!

Japan is about to replace China as the U.S.’s largest creditor.

Marines still use bayonets.

The government did not save GM or Chrysler from bankruptcy – both went bankrupt, but with a rare 363(b) bankruptcy rather than a standard bankruptcy.

It wasn’t until 1971 that medical researchers began to understand how aspirin works.

40% of the EU budget is spent on the common agricultural policy.

The average income in Cuba is $20/month.

Things I Learned Last Week

Thomas Alva Edison

Thomas Alva Edison (Photo credit: Wikipedia)

U.S. businesses need to hire 120,000 new Computer Science graduates this year. U.S. colleges and Universities will produce 40,000 Computer Science graduates.

The State Department still flies DC-3s!

Minnesota is the only state to make free online education illegal. A fix is in the works.

The Big Three auto makers need 40 labor hours to build a car. Toyota and Honda need 30.

Two thirds of community college students never finish.

Thomas Edison, light bulb inventor, was afraid of the dark.

During your lifetime, you’ll eat about 60,000 pounds of food. That’s the weight of about 6 elephants.

One in every 4 Americans has appeared on television.

The average American will eat about 11.9 pounds of cereal per year.

Over 1,000 birds a year die from smashing into windows. I’ve taken out three this year!

Goodies for Thinkers – Freedom Fries Edition

Menu from a House cafeteria featuring "Fr...

Menu from a House cafeteria featuring “Freedom Fries” (Photo credit: Wikipedia)

More to ponder:

  1. Your favorite Web site reveals your politics? Google for Obama, Bing for Romney? Really?
  2. More Outsourcing! A company that goes bust employs no one.
  3. What Economists Would Do – And Politicians Wouldn’t … which explains a lot.
  4. Common Sense from France. What next? Get me some Freedom Fries, quick.
  5. Is it only in America that the obvious is taken as profound?

Goodies for Thinkers–Outsourcing Edition

English: A small plate with a serving of mashe...

English: A small plate with a serving of mashed potatoes. (Photo credit: Wikipedia)

Interesting things to ponder:

  1. Our presidential candidates are soaked in economic ignorance. Is it now unpatriotic to travel abroad?
  2. Childish Nonsense Revealed! But remember, a politician can’t get elected without spouting childish nonsense.
  3. The mashed potatoes and gravy Slurpee – could it get any better?
  4. What would you do if you wanted to make a better world for your descendants? Probably not what you think.
  5. The middle class is changing. Did it commit suicide?

Goodies for Thinkers, Mid-Summer Edition

I’m trying a change in blogging style and re-considering my prohibition on cross-posting. What do you think?

  1. Before there was economics, there was the Montaigne Fallacy. Many still believe it.
  2. The curse of the Ashanti is being visited on us today. Has it ever not?
  3. Arnold Kling opines on the value of humility. He’s on to something.

Morality, Slime, Prison, and Time

If thinking about the Foundations of Morality is weighing you down, take on some real weight contemplating Moral Skepticism.

For something easier to digest, consider pink slime. Now that the dust has settled, it seems that the slime has been part of hamburgers for the last 20 years or so and the maligned slime has been a major contributor to food safety. Naturally, popular thinking is against it and several producers have exited the market, some in bankruptcy. In a progressive society, no good deed goes unpunished.

Speaking of punishment, the revival of debtor prison is a disturbing trend.

Sometimes good deeds are merely unnoticed. Time Magazine’s Most Influential People is decidedly old school. I bet none of them subscribe to Time.