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Monday, February 02, 2004 |
 Another Question: If every American put 3% (climbing to 10%) of their income every year into bonds/stock and were paid only the dividends/interest (or any return of the capital in excess of 7%) what would our society look like? Here is the basic idea. My thinking: second or third generation inheretances could be the road to easy street for most of us if invested globally. This suggestion is based on the idea that the US can turn itself into an investor nation that rides the work of the rest of the world, we would have it made.
8:41:35 PM 
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WP: The day's harshest rhetoric came from Democratic National Committee Chairman Terence McAuliffe, who raised anew an old controversy about President Bush's Vietnam-era service. The questions concern whether Bush had been absent from duty during an eight-month period in 1972 when he was supposed to be on assignment in Alabama for the Texas Air National Guard. Where is 60 Minutes when you need them....
NOTE: Guard duty isn't optional, you sign up for it just like you would the active duty. In the Guard, you train hard. Many are often seasoned veterans of active duty service. For example, one Guard General I knew (he died a couple of weeks ago) had over 20,000 flight hours (if you are a pilot you understand how much time this is), served in war as a fighter pilot, and was considered by most the best pilot most have ever flown with. You can't find that kind of experience in the active duty. Guard units are pulling long tours of duty in Iraq right now. This makes their effort look like something of a farce. Is there any legal action that can be taken on this, collectively?
7:17:07 PM
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Good DVDs I watched recently that I liked: Kingpin (a classic raunchy comedy), Thirteen (well done coming of age movie), Naked Lunch (mind bending but you can follow the story), Open Range (classic and clean western fun), and I Capture the Castle (a fresh date movie).
7:13:50 PM
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Question: Is the US at risk of being "contained" by revisionist forces; with an eventual victory being that the US spends itself into the ground (ala the USSR)?
6:50:53 PM
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Glad the FCC chairman Michael Powell has found something useful to do.
6:46:48 PM
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Dave is speculating on the uses of Orkut. If Orkut (or any other premium service) provides a way for Google to get credit card information and other personal details (demographic data), it can begin the process of changing adwords to target keywords and user profiles. This would let them charge more for premium click-throughs and serve to differentiate their advertising service from all others.
6:37:36 PM
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Very cool. My son made $35 today selling virtual items for the game Diablo. Another $50 is on the way tomorrow (teens have lots of money to spend). He figures he can generate $300-$500 a month doing this in his spare time (more if he did commission sales for those players that don't understand eBay and paypal). Very nice. He isn't even in HS yet and is already an entrepreneur in virtual weapons sales.
6:30:57 PM
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I lost my copy. I love the Internet: Hagakure (PDF).
1:59:13 PM
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WSJ. US Military investigating Halliburton for a $16 m overcharge for meals at one US military base in Kuwait. The fat lady has sung on Halliburton, cut them off.
The e-mail memo that went out Friday said that in July alone, a Saudi subcontractor hired by KBR billed for 42,042 meals a day on average but served only 14,053 meals a day. The difference in cost for that month exceeded $3.5 million, according to Pentagon records... Instead of formally paying back the money, KBR will deduct the sum from future bills to the U.S. government, a common practice when contractors agree to reimburse overcharges.
7:52:27 AM
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© Copyright 2004 John Robb.
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