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Archive for October, 2008

Oct 22 2008

Survivor Gabon episode 5 recap

Published by lolly under survivor Edit This

Fang ~ back to camp from Tribal Council.  They talked
about Sugar and thought she didn’t eat in a few days.
Sugar came back from Exile!  She was upset that Jacquie
was voted off.  She said she couldn’t find an idol.  (She
lied since she ate fruit at Exile Island)  Crystal didn’t
buy it and said, “Sugar, Sugar, Sugar.  She had plenty
time there.”

Kota ~ the gorilla yawned.  Dan (?) caught a tiny
catfish!  The hungry campers felt a little electric when
they touched that fish.  

Fang ~ Matty heard some noises in the background.
He saw an elephant across the lake!  His tribe mates
joined him at the elephant show.  They watched the
elephant minding his business in the woods.  They
watched with awe and admiration.  Matty and Ace
canoed to get closer to the elephant and then
canoed away.  

Reward Challenge ~ fruit basket.  Kota won
reward - herb garden & fruits.  

Kota ~ the happy winners brought the garden supplies to camp.
Dan wanted to keep the tribe together, but Marcus didn’t agree.
They wanted to vote out old Fang members if the tribe lost
the challenge.  

Exile Island ~ Sugar ate the fruits in joy.  She said she was
happy and fat.  

Fang ~ tree mail.  GC got in an argument with Crystal and tribe.
GC canoed away.  Matty & Ken found him missing and tried to
call him to come back for immunity challenge.  Crystal vented
about GC.  GC came back!

Immunity Challenge ~ blindfolded ball & shield.  Kota won
most points and won another immunity!  

Fang ~ the upset losers got to camp.  Matty said he
was ready to leave.  Crystal disagreed and said she would
vote off GC.  Ace and Sugar talked about the hidden
immunity idol while Crystal snooped in Sugar bag and
discovered a hidden immunity idol!  Crystal wanted to
blindside Sugar or Ace.

Tribal Council ~ Sugar showed her GC with love ballot.
GC showed his Kelly ballot.  Jeff revealed most GC ballots.
 GC was ousted as 5th person from Survivor: Gabon.  

My Thoughts ~ I am relieved!  I held my breath when
Sugar didn’t give up her cherished idol.  I am glad that
Fang got rid of its own instead of the rivals!  

Next Week ~ Matty & Ace makes a pact.  Sugar wants to
know if Ace wants her hidden immunity idol.  Stay tuned!
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Oct 21 2008

Survivor and Sugar

Published by lolly under survivor Edit This

After more thought regarding this episode I was disappointed. I  like Sugar, but I feel Fang should have blindsided her just to get the idol out, and then next week have G.C. have his way.  As it’s been said they may never get another good chance at it.

I’m also tired of Ace’s ego.  He thinks he has Sugar wrapped around his finger, but I think Sugar will be the one to pull his strings.  A lot of people have underestimated her in this game, because they think she’s a “dumb blonde” but far from it.  (Though I have to admit calling out directions is not her strong suit.)

I wouldn’t surprised if Sugar ends up the big winner.

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Oct 19 2008

Survivor with Sugar on Top

Published by lolly under survivor Edit This

I completely agree with everyone at our Survivor viewing party about this last episode of survivor.  GC or is it JC, was a complete loser.  It pisses me off that he was even on the show.  There are so many other people who would have done much better.  Makes you wonder what his audition tape was like that made them pick him.

I love Sugar but they are complete idiots for not voting her off.  This seems to happen every year.  The tribe gets the perfect chance to vote off a threat and they never do.  Stupid! The elephant sighting was awesome.  I can’t believe those guys went out in the canoe to check it out.  That’s pretty dangerous.

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Oct 18 2008

PUMPKIN DESSERT RING

Published by lolly under investing Edit This

Preheat oven to 350 degrees and grease well a bundt pan.

  1 2/3 c. flour
  1/4 tsp. baking powder
  3/4 tsp. salt
  1/4 tsp. ground cloves
  1 1/3 c. sugar
  1 tsp. baking soda
  1/2 tsp. cinnamon

  1/3 c. shortening, softened
  1/3 c. nuts, chopped
  1 c. canned pumpkin
  1/3 c. water
  2/3 c. raisins
  1 egg

Beat 2 minutes at medium speed or 300 strokes, scraping bowl
often. Add 1 unbeaten egg. Beat for 2 more minutes. Pour
into greased bundt pan. Bake 40 to 45 minutes at 350
degrees. Serve with Spice Sauce (below).SPICE SAUCE:

  1 c. sugar
  1/4 tsp. cloves
  1/4 tsp. cinnamon
  1/2 c. butter
  1/4 c. flour
  1/4 tsp. nutmeg
  Dash salt
  1 c. water

Mix all ingredients, except butter, in a saucepan. Add 1 cup
water gradually and stir well. Cook over medium heat until
thick, then add 1/2 cup butter. Thin with water if too
thick. Serve HOT on Pumpkin Dessert Ring.

One response so far

Oct 17 2008

Ben Graham and Geico

Published by lolly under investing Edit This

Another famous investor I enjoy reading about is Ben Graham. Although I don’t subscribe to Graham’s strict value investing principles, I pay close attention to fundamentals and “relative value” in my search for stocks and real estate properties.

I particularly like Graham’s “Mr. Market” analogy, describing how stock prices move based on investors’ emotions.

I also savor the great irony in Graham’s uncharacteristic early-stage investment in a little insurance company (his partners wanted to make the investment and Graham reluctantly went along) that eventually became Geico, “incidentally” making Graham more money than all of his many years of “cigarette butt,” bargain basement value stock investing combined!

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Oct 16 2008

George Soros

Published by lolly under investing Edit This

One famous investor that I like is George Soros. I like his style and flair. Soros is the epitome of a trader, having the uncanny ability to reverse his thinking on a dime, going from long to short in an instant, largely based on his “intuition” of where the market is headed. My long-term, deliberate investing style is the polar opposite of Soros’ short-term positioning and frequent reversals.

However, I find similarities with his private, “small shop” orientation as an investor, an approach that he so successfully employed in growing his Quantum Fund in the 1970s and 1980s. I find that Soros’ ideas on “reflexivity,” describing how participants themselves influence the direction of the market, really add only very minimally to my understanding how markets work and how to invest.

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Oct 14 2008

BB10 Weekly Wrap-up

Published by lolly under Everyday Life Edit This

WEEK 1
HOH: JERRY (HG voted for him)
NOM: Renny & Jessie
POV: Jessie. He kept the veto “Sweet Dreams Honey” host Angie
(had to wade thru honey and rip feather pillows for 5 bears)
new NOM: Renny & Brian
EVICTED: BRIAN by a vote of 9/1. Dan voted for Renny

WEEK 2
HOH: JESSIE “Majority Rules” host Julie
(Questions about HouseMates)
NOM: Dan & Steven
POV: Michelle. she kept the veto “licence to veto” host Jerry
(rearrange licence plates to spell a BB phrase)
EVICTED: STEVEN by a vote of 9/0

WEEK 3
HOH: KEESHA “Alien Abduction” host Julie
(missing object from the house)
NOM: Angie & Jessie
POV: Keesha she kept the veto “Garden of Veto” host Dan
(plant themselves in a garden with water dripping on them for an hour)
EVICTED: ANGIE by a vote of 8/0

WEEK 4
HOH: APRIL “Living on the edge” host Julie
(hang from a side of a building that shook and windy)
NOM: Jessie & Memphis
POV: Jerry he kept the veto “Slap Shot”
(hockey game)
EVICTED: JESSIE by a vote of 4/3 Ollie, Jerry, Michelle voted for Memphis

WEEK 5
HOH: Michelle “Rude Awakening” host Julie
(T&F question of wake up calls)
NOM: Keesha & Libra
POV: JERRY kept the veto “cry me a veto” host Ollie
(had to cram onions in a bin)
EVICTED: LIBRA by a vote of 6/0

WEEK 6
HOH: RENNY “diary room confessions” host Julie
(questions about what the past HG said)
NOM: April & Jerry
POV: DAN he kept the veto “haunted yard” host Michelle
(amount in each item in an object)
EVICTED: APRIL by a vote of 4/1 Ollie voted for Jerry

WEEK 7
(double eviction)
HOH: DAN “king of the jungle” host Julie
(last person to hang on a vine)
NOM: Memphis & Jerry
POV: Memphis kept the veto “Planet Veto one giant leap” host Ollie
(suspended in air to put a zigsaw puzzle together)
new NOM: Jerry & Michelle
EVICTED: MICHELLE by a vote of 3/1 Ollie voted for Jerry

WEEK 7 cont…
HOH: KEESHA “bb headlines” host Julie
(step up step down to answer the questions)
NOM: Jerry & Ollie
POV: DAN he kept the veto “veto in a haystack”
(had to search for 2 vetos)
EVICTED: OLLIE by a vote of 3/0

WEEK 8
HOH: JERRY “skeet ball” host Keesha
(had to throw a ball on the day of an event that happened in the house)
NOM: Dan & Keesha
POV: MEMPHIS he used the veto on Dan “rock a bye veto”
(2 HG morphed to look like a baby)
new NOMS: Keesha & Renny
EVICTED: RENNY by a vote of 2/0

WEEK 9
HOH: DAN “freeze frame” host Julie
(questions about pictures of comps)
NOM: Memphis & Jerry
POV: Memphis kept the veto “stairway to veto” host Dan
(put hg names in the right order on 10 rungs)
new NOMS: Jerry & Keesha
EVICTED: KEESHA Memphis evicted her

WEEK 10 Continued….
THREE PART COMPETITION

(1.) DAN “wing and a prayer”
had to stand on a plane wings
(2.) MEMPHIS “BB Knock Out”
had to knock out the HG that wasn’t the HOH or NOM for each week
(3.) DAN “Statements of the Jury”
FINAL HoH: DAN
FINAL 2: DAN & MEMPHIS
WINNER: DAN by a vote of 7/0

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Oct 13 2008

Universal Health Care

Published by lolly under Uncategorized Edit This

Does Universal Health Care (UHC) work? Yes, if you are measuring some kind of non-existent average person, it absolutely works in the short run, and for this mythical average person it may even work in the long run if you have a free market system such as the US somewhere in the world to do the heavy lifting of advancing new technology and providing overflow services for the rest of the world. But no, if you are focusing on what the system was “designed” to do.

The system was designed to help people who do not have good access to health care. Like many government programs, this refers to the poor, with sizable subgroups among the elderly and minorities. The logical question is, how well are existing UHC systems doing in that regard?

England started UHC around 1950. After 30 years, around 1980, they conducted a major study of their health care system and determined that the poor had worse access to health care than when the program started. Undaunted, they redoubled their efforts, resolved to improve the system and make it work. After another 10 years, they did another major study and found that things had gotten yet even worse than before.

This is probably hard for a lot of people to swallow, but based on economic principles, this is exactly what you would expect. UHC takes away the free market incentives for buyers to spend their money wisely and for sellers to provide desired services at a fair price. With UHC you are essentially giving away something for free, so people tend to use more of it. People who would ordinarily overlook something minor rather than pay for a doctor’s visit start coming in. Demand increases. The result is that some combination of quantity and quality must suffer. In practice, waiting times to see a doctor go up, time spent per patient goes down, and the availability of expensive treatments goes down. As to the actual cost of UHC, Canada and other countries have some figures on that which look good, but beware government statistics. If you dig into it, it turns out that Canada really isn’t even sure exactly how much it spends on health care. Ya think it may be a wee bit more than they’re reporting?

UHC works on the mythical average person because if you take a system where 50% of the money is spent on about 5% of the cases, you can absolutely improve overall results by not spending so much on that 5%, but rather by spreading it around to others. The result is more health on average, but the bottom line is that more people from that 5% category die. If you live in one of the UHC countries, like England, France, Germany, or Italy, and you get breast cancer or prostate cancer, you have about a 50% chance that you will die of that cancer. In the United States, if you get one of those cancers, your chance of dying of that cancer is about 20%. Under UHC, these patients die while waiting for treatment, or in the case of diseases which require costly equipment, they die because there is no treatment available, period. You can see this, to pick one example, in the statistics on use of dialysis by people with kidney disease. In socialist countries, a much smaller percent of people have access to this life-saving equipment. Although the socialistic intent is to help, in practice it tosses these people aside in favor of the already healthy. Nice.

In England, the average wait to get a heart bypass is two years. If you think about it, most people who need a bypass don’t have two years to live - that’s why they need the bypass! In contrast, Bill Clinton got a bypass in 3 days. Now, obviously he is a special case, but the bottom line is that anyone in the US can get prompt treatment. The wait for a bypass is somewhat better in Canada, but there is a reason. The Canadian system has an important safety valve - the US. It’s pretty easy for rich Canadians to go outside the system and hop on over to the US for their treatment. But if the US goes to UHC, that will go away.

A couple of stories.

My mother was on a bicycle trip in Italy and had an accident, going over the handlebars, fracturing some bones in her face and knocking a couple of teeth out. Now sure, they did the emergency work and stopped the bleeding, but there was a lot of work to be done besides that, and my toothless mother waited, and waited, and waited. Besides dental work, there was some plastic surgery had to be done within about 10 days, otherwise the scars wouldn’t heal properly. After waiting about 5 days the Italians had finally lined up a surgeon, but they couldn’t get an anesthesiologist and wouldn’t have another opportunity to even look for one for another couple of days. My parents finally decided to just come back to the US. They made some quick arrangements, arrived in the US one evening and the very next morning my mother met with a dentist and then immediately after with a plastic surgeon.

The father of an old friend of mine was a doctor up in Canada. When he ran blood tests on himself, he sent them to the US for processing so he could get the results in a few days instead of a few weeks.

Now, I do meet a lot of healthy, young, well-educated Canadians, Brits and Europeans who are quite satisfied with their system. But think about it - these are exactly the people who don’t typically need much in the way of health care, and this is the segment that UHC benefits the most.

What about the poor, you know, those people we were trying to help? Well, in UHC, money doesn’t matter. But what does matter is connections to get to the top of the line, know-how to get through the system, and flex time during the day to wait long hours to see a doctor. The poor have none of this. And under UHC there are no other options - there is nowhere to go but “the system.” Additionally, while it’s nice in theory to have free health care, you can’t really force people to actually use it, at least not if you want to call yourself a free society.

Similar to the retirement situation related above in the Sarbanes-Oxley discussion, workers should be allowed to spend pre-tax dollars on any health care plan, regardless of whether it is company provided or not. Again, the government feels otherwise.

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