I Love My “Dumb Phone”

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I love technology as much as the next person.  Yet, when it comes time to pick a cell phone, I always end up with the model that has the fewest features.  No “smart phone” for me.  Why?

  • Price – Those extra features cost money.  You pay more for the phone, and you pay more for data plans.  Honestly, I don’t spend a lot of “quality time” with my phone, so it’s really not worth the extra cost.  Seriously, I can wait until I get home to check Facebook.
  • Battery life – Those extra features also drain the battery.  My current phone will last about five days between charges.  Honestly, I’d sacrifice some features of the phone if I could squeeze an extra day or two out of the battery.

So, what do I look for in a cell phone, then?

  • Battery life – As mentioned above, I’m always concerned about battery life.  That’s the second thing I look for in the details about a phone (price being first).  If the battery life isn’t at least 100 hours on standby, I won’t consider the phone.
  • Incoming text messages – This is a pretty standard feature any more, but that wasn’t always the case in the past.  I keep up with sports and a few other things via 4Info’s free text messages.
  • A card game – Every now and then, I do find myself with time to kill and nothing but my cell phone to entertain me.  Blackjack is my favorite of the card games, but Poker works pretty well, too.  My current phone has a demo of a poker game.  It lets me play two hands before quitting.  That’s good enough for me, since I rarely play more than a half dozen hands at a time.  Despite not being an expert player, I somehow turned by starting bankroll of $1500 into $20,000.  I suspect that the computer players are really bad.
  • No flip phone – I absolutely hate flip phones.  I much prefer the “candy bar” style.  For the better part of a decade, I used a few different Kyocera models.  My current carrier doesn’t carry Kyocera, so I have a Samsung A-737.  The Samsung is a slider, which I don’t like as much as the candy bar phones, but prefer to the flip phones.

I’m frugal when it comes to my cell phone.  Here are a few more money saving tips.

  • Check for discounts – Nearly every national carrier provides discounts for my company’s empoyees.  The lone holdout seems to be US Cellular.  I actually prefer US Cellular’s service, but withouth the discount, they are a bit more expensive than most other companies.
  • Record your own ring tones – A lot of money is spent on downloaded ring tones every year.  But with the right software, you can easily record your own ring tones.  Take an MP3 and use something like Audacity to take out the best chunk of the song and use it as a ring tone.  I have a rather extensive collection of MP3 (legally obtained from my own CDs) and have created quite a few ringtones.  Currently, my ringtone is Runaway by Love and Theft, and my morning alarm is 1969 by Keith Stegall.  In the past, I’ve used Hello, Goodbye from The Beatles, for obvious reasons.
  • Buy accessories online – Whether it is a car charger or a carrying case (a holster, in my case), I buy accessories online.  You pay a fraction of the cost for an identical item.

St. Andrews On A Budget

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Being the golf fan that I am, I just returned from my second trip across the pond. I organized a golf trip for a group of my buddies to the Home Of Golf. St. Andrews Scotland.

St. Andrews is the friendliest place I have ever visited, and I have been to quite a few places. The people are great, the town just breathes history, and if you are a golf fan, it is a trip that must be taken at least once.

But today, I am going to tell you how you can go twice for less than you would typically spend if you book a trip through one of the over-priced tour operators that make a living taking your money and socking it to you.

Yes, just like last time, I planned the entire trip for the group using nothing other than the internet and email.

If you are going to play the Old Course, the best way to get a tee time is to get up at O dark thirty the first Wednesday in September and send a completed ballot form via email to the St. Andrews Links Trust requesting a tee time. You have to also request times on two other courses. My preferences are the New Course (which was designed by Tom Morris in 1890’s) and the Castle Course, which is a David McKlay Kidd design (of Bandon Dunes in Oregon fame). The Castle Course is on the other side of St Andrews and has some spectacular views and spectacular holes.

We continued our golf by going to Cruden Bay, which is up the Northeast coast about 2 and a half hours from St Andrews. We also played North Berwick and Crail, two more classic seaside courses. Crail was established in 1786, funny to think they were playing golf on a course a year before our constitution was officially ratified!

You can contact all of the other courses directly and get your tee times once you have the St Andrews times locked in. You will receive your St Andrews times via the mail typically the first week of October.

Then it is time to line up a place to stay. Avoid the hotels, stay in one or two spots! There are a ton of Bed and Breakfast Operations as well as what we use, self letting. Basically we rent an apartment or you could also rent a house for a week. The advantage is the cost goes down substantially per person, it feels more like home with the amenities, and truth be told you are not going to be in your room much anyway … unless you stay where we do.

I almost hate to divulge my secret but we stay in a second floor apartment overlooking the 18th green on the Old Course. It is the very last building on the right side of the 18th fairway when you are watching the Open Championship coverage next month. Cost per person for the week … about $300. Cost to stay one night at the Old Course Hotel with a view of the course? The same amount.

The other smart decision is to hire a van service to drive you around. They will do airport transfers, take you from your door to the golf course and back (and usually stop off at some nice sightseeing or local pubs along the way back home after golf) and it avoids a lot of hassle – driving on the other side of the road, getting lost – plus you can have a pint on board and enjoy the views. The cost is about the same as if you had to rent vans yourself and then you would have the pain of driving still. We use a Rowan Travel. They are a small but five star outfit. Our driver Tom is the best, I would recommend them to anyone.

Cost for the trip with airfare, all golf, place to stay, van service, money for food and drink ran about $3500 a person, and in our case airfare from the Midwest was just over $1500 of that this time. Of course if you are going to load up on souvenirs, bring more money. The SAME itinerary through one of the travel sites, the only difference being you are staying in a high dollar hotel … hope you are sitting down … $8700.

So after watching the Open this year, if you get the itch, drop Johnny G a line, I would love to help out if you are planning your own trip to the Home of Golf!

How Can I Lose Weight?

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This is a question that most people have asked themselves after they have reached the age of 40.  Well, I am past that milestone.  I don’t really ask that question, but my wife has the odd desire for me to live a long life, with her.  So I have to address this question just like everyone else.  The answer is simple and I have been told this by many professionals in both the physical fitness arena and the health care arena.  If you really want to lose weight, eat less and exercise more.  It is that simple.  If you just diet, you will lose some weight, but will plateau, and everyone cheats.  If you just increase your exercise, you will increase your calorie intake as well.

My efforts since my 40th birthday have been to reduce to single helpings, mostly for thing I really like, such as pasta, eliminate empty calories, specifically carbonated beverages (alcohol and non-alcohol) and walking, at least walking to work (I only live 2.2 miles from my work).  Walking does not seem like much, but it does add up.  Except for last fall and winter when I went on several business trips, I had been gradually losing weight (272 pounds down to 249).  I regained all that I had lost in those 5 years plus gained more on those trips.  This gain was due to deviating from the three actions I was taking; I stopped walking to work, the facilities I visited were much smaller than my normal work site, and I ate way too much including the liquid candy.

I took a new job last September which is the reason for the business travel, but it also has resulted in a significant increase of hours at work.  When I get home, I do very little around the house and have found myself on line, playing or reading.  This inactivity coupled with the poor habits I am living have really made it hard to drop significant weight.  I have lost some (5 pounds) but this does not even get me back to my 40th birthday weight.

My wife has proposed a solution (okay, she has proposed a lot of solutions, but this is one I think I can act upon).  This solution does not include me accompanying her to the gym every day, and one that will not prohibit my wind down activities when I finally get home.  The solution is a treadmill desk (http://www.treadmill-desk.com/).  The idea is to use that treadmill that has been sitting in the corner or basement while doing quiet activities.  We have a slightly used treadmill.  I have actually used it during football season while I am watching the games on TV, especially when the weather prohibits walking to work.  The idea is to set up a desk at the treadmill, put your computer on the desk, and walk at a slow pace as you surf or play.

As an engineer, I cannot see spending the money the equipment advertised on the page noted above.  I also have to invent my own solution to the desk compared to the $39 solution linked to that site as well.  I plan on constructing a desk out of inexpensive material (assuming that I have the computer and treadmill).  I will post those plans (I assume no liability if you copy me and something bad happens).  And I plan on attempting the walk across America documented on the site.

Again, as an engineer, I will track different things.  I will track an actual road path (starting at the customs loop outside on Houlton International Airport in Maine on I95, switching to I80 just outside of New York City, and travelling all the way to San Francisco California, maybe taking side trips to visit points of interest along the way which could give me extra fodder for writing) with specific stopping points annotated (we will have to see if it will be weekly or monthly).  I will track miles covered, calories burned, and current weight.  Although this will be embarrassing (at least the weight portion will be), I will release this information periodically.  There will have to be lots of graphs, tables and maps (and maybe some pictures).  I will only count time and distance on the actual treadmill desk, so walking to work and treadmill work at the gym or on travel will not count.

I don’t want this project to supplant my weekly submissions to the Casual Observer, rather I want it to be a supplement.  I fully intend to use some of my treadmill time to write this column and work on my next book.  I might even try the short stories that Kosmo has suggested.  By setting aside time every night, I have no excuse to avoid writing.  On line games will be rather difficult since they require a lot of mouse work.  Typing is much easier than controlling a mouse while walking.

Wish me luck, or better yet, join me on this trip.  Based on the pictures I have seen, there are other columnists at the Casual Observer who could benefit from this activity (not Kosmo).

Memories of Dad

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The year was 1999 and I was living in Illinois.  My parents came up for a weekend visit.  At the time, I was driving a 1988 Ford Taurus.  Among its many positive features was the fact that it was paid off in full.  I had poured a bit of money into it over the few years I owned it, but it had been a pretty reliable car.  It had about 130,000 miles on it, but I liked it.

On this particular weekend, Dad noticed that the car seemed to not be driving very smoothly and asked when I had last replaced the spark plugs.  That would be never.  When it comes to cars, I pump gas and check the fluids and air pressure.  That’s about the extent of it.  Dad didn’t want me spending a lot of money getting the plugs replaced, so he decided to do it himself.

It was raining that weekend, and I didn’t have covered parking, so we sought a covered space for the job.  A municipal parking garage fit the bill.  It would keep us dry, even if the lighting was pretty bad.  Actually, since we parked near an exterior wall to maximize the available light, it didn’t even keep us completely dry.  It wasn’t the greatest environment for the job, but Dad persevered and got the plugs changed, with some (but not much) help from me.  He was 76 at the time; I was an able-bodied (but mechanically challenged) 24 year old.  The Taurus was back in tip top shape.

The very next weekend, I headed back to Iowa to visit some friends.  As I came around a curve on westbound I-74, I encountered another group of friends – a small herd of deer gathered on the interstate.  I managed to elude all but one of the deer.  Although the car was still mechanically sound, the amount of body damage rendered it a total loss. 

The time and effort my dad spent replacing the plugs was completely wasted – but it was never forgotten.

 

If you wish, share a memory of your own father.

Anatomy Of A Story: In Defense Of Art

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Yesterday’s story, In Defense of Art, features a main character who defends her artwork from a critical colleague.  Today, I’ll break down the creative process involved in writing the story.  Spoiler alert: I’m going to talk about the entire story, including the ending.  So if you haven’t read the story, you might want to read it first.

As is often the case, the end of the story came to my first.  In the end, the heroine’s revolver twice lands on empty chambers before finally hitting a live one, allowing her to kill the antagonist.  Why the first two failures?  To build suspense, of course – and to allow the attacker to show himself as even more of a jerk.

After composing the final scene mentally, I ran into a block that lasted for a few days.  What could be important enough to force the main character to respond with deadly force?  An attempted sexual assault was a possibility, but I’ve been thinking an awful lot about The Cell Window lately, and just didn’t want to go in that direction again.  (Don’t have a copy of The Cell Window yet?  You can buy the audio book or print version – which contains many other stories – at the Hyrax Publications Store.)

I considered having the main character be a zoo keeper who stumbled across someone killing ducks by throwing rocks at them (which, unfortunately, happened in this area a few years ago), but I didn’t think it was very realistic that a zoo keeper would be packing heat.  Eventually, I settled on the main character being an artist who operates her own gallery.

I immediately began painting the painter in a positive light.  I softened her image by having her paintings be peaceful nature scenes, and gave her pink bunny slippers to wear.  The antagonist, on the other side, was an impressionist, and his fashion accessory was a maul.  I could have made this a sledge hammer (there’s not a great deal of difference between the two), but maul is a compact word, and also has a second meaning.  As a verb, maul means “to injure by a rough beating, shoving, or the like” according to dictionary.com.  This makes the weapon sounds more foreboding.

Now that I had the main plot of the story figured out, I needed to pick names for the characters.  Quite often, I’ll use the names of friends, especially for positive characters.  I have a new co-worker named Kailey, and she slid into the role of the artist.  The last name of Bell was picked because I like bells – they make nice noises.  A positive word for a positive character.

But what about the name of the antagonist.  Where did I come up with Sylvester?  Well, I have Warner Brothers to thank.  Yes, he is named after Sylvester the Cat, the perpetual tormenter of Tweety Bird.  Barnes is simply the twisted version of a public figure’s name.

Obama’s Inaction On the BP Oil Spill

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For someone who likes to speak as much as he does, one would think that a tragedy such as this could define his Presidency and he would jump at the opportunity. However, it took 58 days for Obama to meet with BP. It took 9 days after the incident for Obama to say a word. He didn’t give a hoot until his poll ratings started to suffer and the people in the Gulf started asking questions. And without his teleprompter, he’s been heard saying he is going “kick someone’s ass” and “make BP pay”. Obama please, you’re no Tony Soprano.

I recall when Katrina hit; there was outcry that “George Bush doesn’t care about black people.”

Well, how about this. Barack Obama doesn’t care about white fisherman. The BP CEO just needs to stop talking to the media all together. His “little people” comment was quite unnecessary. And they wonder why our ancestors left their country.

People were outraged that Bush didn’t do enough. I’m pretty sure if he could have talked to the CEO of hurricanes, it wouldn’t have taken him 58 days to do it. Even James Carville has had enough…and he’s a Democratic strategist!

We are witnessing the demise of both the gulf coast and Obama’s presidency. What this crisis demands, what this country needs is LEADERSHIP. The time for action was last month—or two months ago.

Obama is just as qualified to stop this oil gusher as he is to be president of the United States. The job of President of the United States really shouldn’t have been left to someone who needed “on the job training”.

November cannot come soon enough. And I think a bumper sticker I saw last week was accurately correct. It read “Obama = Carter 2.0”. Maybe we can hope for a one termer come 2012.

Are Fast Food Restaurants Being Forced To Sell Burgers At A Loss?

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Every now and then, you’ll see a news story about franchisees who are up in arms about being forced to sell a cheap burger at a loss.  The situation is typically something like this: the burger is being sold for 99 cents, but the cost is $1.15 when you account for ingredients, labor, rent, etc.

I’d feel sorry for the franchisees – if it wasn’t for the fact that they are wrong.

Let’s break the situation down a bit further.  Let’s say that the Kosmo Burger sells for $1.25.  The raw ingredients for the burger (meat, cheese, bun, etc) cost 50 cents, and fixed costs (such as rent) run $500 per month.

If we sell 1000 burgers per month:

Revenue = $1,250 (1.25 X 1000)
Variable costs (ingredients) = $500 (0.50 X 1000)
Fixed costs (rent, etc) = $500
Total costs = $1000
Total cost per burger = $1
Profit = $250

Let’s say that Kosmo Korporation’s executives force the franchisees to sell a “Junior Kosmo Burger” for 75 cents.  Ingredient costs are 40 cents.  The fixed costs remain at $500, but are now spread across the flagship Kosmo burger as well as the Junior Kosmo.  The restaurant sells 200 Junior Kosmo burgers for the month, in addition to the 1000 Kosmo burgers.  The numbers for the Junior Kosmo break down like this:

Revenue per burger = 75 cents
Variable costs = 0.40 per burger
Fixed costs per burger = 0.42  (500 / (1000 Kosmo Burgers + 200 Junior Kosmo Burgers))
Total costs per burger = 0.82
Loss per burger = 7 cents

That looks bad, but let’s look at the combined numbers for both burgers:

Kosmo Burger Revenue = $1250
Junior Kosmo revenue = $150 (0.75 X 200)
Kosmo Burger ingredient costs: $500
Junior Kosmo ingredient costs: $80 (0.40 X 200)
Fixed costs: $500
Total revenue: $1400
Total costs: $1080
Profit: $320

Wait a second.  Profits have jumped $70 from the example where we were selling just the Kosmo Burgers.  How did we add the unprofitable Junior Kosmo Burger into the mix and make more money?

The problem is that allocation of costs is an artificial construct used to estimate profitability.  It’s a quick and easy method to use to estimate profitability, but it doesn’t actually reflect the reality of the costs.  Really, the true cost structure is:

Costs = 500 + 0.50K + 0.40J

(K = Kosmo Burger.  J = Junior Kosmo Burger)

It is possible to make a profit by selling the Kosmo burger at any price higher than 50 cents and the Junior Kosmo burger for any price higher than 40 cents.  You simply need to hit a high enough volume of sales to offset the $500 of fixed costs.  You’re not going to go broke selling Junior Kosmo burgers at 75 cents.

A few related notes:

  • The cost structure used in the example is artificially simplistic.  You will also have expenses like labor, which is a somewhat fixed cost.  Very few fixed costs are completely set in stone – they are simply fixed “within the relevant range”, to use the words of my Cost Accounting professor.  Even facilities costs will vary if you outgrow your location.  The labor costs will stay the same until productivity approaches 100%.  At that point, you’ll need to hire more staff.  But if your workers are only about 50% productive, there’s no marginal labor cost related to an increase in customers – as you’re currently making inefficient use of those employees.
  • The low cost items can have an effect on profits if they cannibalize sales from existing products.  In our example, the Kosmo Burger has a gross margin (revenue – variable costs) of 75 cents, while the Junior Kosmo has a gross margin of 35 cents.  If I normally buy a Kosmo Burger but decide to buy a Junior Kosmo instead, the restaurant makes 40 cents less in gross margin.
  • Many people who buy the cheap menu item will also buy a high profit item (such as a soft drink) as well.  Thus, it’s important to pay attention to the impact of the total purchase on the bottom line.

(Still confused about the math in the example and wondering how a 7 cent loss on the Junior Kosmo turned into an increase of $70 in profits?  It’s because we’re spreading the fixed costs over a broader base – the fixed cost allocation for the Kosmo Burger would also be brought down to 42 cents.  If you’re still off by $4, it’s due to rounding).

Stanley Cup Hangover

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Our Canadian writer, Tyson Turner, returns after a hiatus.  This week he writes a sports-themed column as he fills in for Johnny Goodman, who is himself on a short hiatus (don’t worry – Johnny will be back soon).

I was pleased to see Chicago win the Stanley Cup, dumping Philly in 6. As someone from Ontario, I’ve seen both Ottawa and Toronto battle with Philly the last few years and have built up quite the hatred for that team. However, I am still in the minority in my hometown. Kenora is the hometown of Philly’s captain, Mike Richards. On top of that, nearby Dryden is the hometown to the Flyers star defenseman, Chris Pronger.

It was amusing driving through town, seeing local businesses with signs such as “Mike vs. Chicago, Friday at 7pm”. Too bad people here don’t really realize Mike Richards probably doesn’t care at all about most of them, just signs a cheque to pay for an addition to the local arena and everyone thinks he is a hero. I guess it just bothers me to some extent, knowing that a lot of his family are pretty unpleasant but people just turn the other cheek since he is a famous hockey player. Are we really that shallow?

Onto the World Cup

So now that hockey is over, what is there to watch? The Blue Jays are off to a surprisingly decent start, but baseball isn’t exactly my favourite sport to watch. So how about soccer? I played the game for many years, but it is hard to get behind it with Canada absent. I blame our climate on why our national soccer team struggles years in year out. Most of the country has about 4-5 legitimate months of playing outdoors, and that’s it. This in contrast to Mexico and the Central America, who can play all year round. How else can I justify us losing regularly to Honduras, El Salvador, Panama, etc.?

The odd statistic on top of this is the fact that there are more registered Canadian youth playing soccer than hockey; yet we are the world’s best at hockey, but are currently ranked #63 in the world for soccer. Perhaps our development program needs some work too. But in any case, I hope the tournament is a big success for South Africa, and kudos to FIFA for thinking outside the box and giving Africa a chance. And as for me, cross your fingers that Canada will be given the chance to host the tournament, because otherwise I don’t think you’ll see us there for a long time.

Why The Outrage?

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Just over a week ago, the Israeli armed forces boarded several ships trying to run the blockage of the Gaza Strip.  During that operation, several people on board the ships were killed.  The media has gone to great lengths to describe these people as activists and humanitarians.  I will not put any designation on them at all.  It is unfortunate that they died.  It is especially unfortunate if they were truly trying to provide humanitarian aid to the people of Gaza.  The result of this activity has been outrage at Israel.  My question is why?

The Gaza Strip is home to Hamas, a group that has declared war on Israel.  Israel has imposed a blockage in response to that war declaration, and announced this to the world.  The people on board the ships announced that it was there intention to run that blockage, and that they were willing to take the risk, even hoping that there would be a conflict, to harm Israel.  They chose not to allow a peaceful search of the ship to determine if there were any weapons or military supplies on board.  They chose to ‘interfere’ with the Israeli military.  They lost.

The Gaza Strip has a functioning government that receives funding from the United Nations as well as charities from around the world.  Why then the need to run the blockade?  This aid is allowed into Gaza, the only items restricted are weapons.  Why can’t the Palestinian government care for its own people?  They certainly have enough funding for weapons.

There are people who claim that the blockage is illegal.  Who is the arbiter of legality when a nation is at war?  During WWI, the allies imposed a blockage on the Central powers.  Prior to 1918 the United States was a neutral and provided aid to both sides.  Herbert Hoover (prior to becoming President) organized humanitarian aid missions to the people of Europe behind the front (most notably Belgium).  This aid was searched twice, once by the British to make sure there were no military supplies going to the Germans and once by the Germans to make sure no military supplies were going to the partisans behind the lines.  Were the allies engaged in an ‘illegal’ blockade?  They were at war, therefore they did what was necessary to win, but still allowed humanitarian relief.  The Israelis are doing the same thing.

There are various videos running around purporting to show what really happened.  Each side is only showing what makes them look like the victim.  I personally will wait for the final report – possibly next month on PBS in a Frontline report.  Until then, I lean towards feeling sorry for the loss of life, but little else.  When you go out looking for a fight, lose, then whine about it, I have very little sympathy.  I certainly hope that this incident does not result in Israel dropping the blockade.  That should remain in place until the government of Palestine renounces attacks on Israel and starts behaving like a nation, not a terrorist organization.

By the way, did any one else notice the attack by armed Palestinians into Israel on the same day?  I heard it once on Fox News and once on NPR.  No report on the number of dead civilians or the outrage in the United Nations over this attack.  Of course, they are at war.

Weekend Wrap

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A quick note to the readers – you may begin seeing less content on the weekends.  Health-related issues and other life priorities have caused several writers to be unable to write on a regular basis.  The end result is that I have been writing up to 5 articles per week.  This can be a bit of a drain, and it is probably not viable long term, considering other projects underway and competing life priorities.  In the future, the weekend articles will be a bit less rigorous.  Most weekends are going to have a weekly recap on one of the days – a series of short blurbs about the news of the week.  The other day will feature a question of the week.  I’ll ask a question, give my answer, and solicit responses from readers.  On occasion, I’ll run a fiction story in place of one of these articles.  It might sound a bit counter-intuitive, but many times I can write a fiction piece faster than a non-fiction article of comparable length.

So, without further ado, comments on the news of the week:

Joran van der Sloot, the prime suspect in the disappearance and presumed murder of US teenager Natalee Holloway in Aruba in 2005, confessed to the beating death of 21 year old Stephany Flores in Peru.  Flores’ body was found in a hotel room in Peru with indications that she had been beaten to death.  If police had been able to find more evidence to tie him to Holloway’s appearance, Flores would still be alive today.  After van der Sloot’s arrest, it was revealed that the FBI had been investigating him for an plot to extort money from Natalee Holloway’s mother.  Van der Sloot claimed to have information about the location of Natalee’s body.  My hope is that the Peruvian justice system will mete out a swift and severe punishment.

I recently stumbled across an email from March of 2009 suggesting that Ford might be a good stock to buy.  The gist of my argument was that Ford’s domestic competitors were in dire straits, and that Ford would be able to swoop in and steal market share, especially from folks who are adamant about buying American.  On the day the email was sent, Ford stock closed at $2.76 per share.  At the close of the day on Wednesday, the share price was at $11.28 – more than 4 times the March 2009 level.  It’s pretty rare that I give stock tips (particularly since I’m a big fan of diversified portfolios), but I’m a bit disappointed that I didn’t take my own advice.

Another stock that might be a good buy right now?  BP.  In the last couple of months, the share price has been sliced in half.  Yes, the cleanup will be costly and the lawsuits will be numerous.  However, bear in mind that this is a company with $100 in equity (not assets, but actual equity).  Even after shelling out a hefty amount of money related to the cleanup, BP should emerge on solid financial footing.  Even a post-tax cost of $30 billion (containment, cleanup, and compensation to affected parties) would leave them with net assets of $70 billion – and most independent projection are pegging the cost at less than half this amount.  The stock currently has a PE ratio of 6 – and they pay substantial dividends.  Of course, this ignores all ethical and environmental concerns – obviously, you may choose to ignore BP stock for this reason.  I’m not defending BP – I’m just suggesting that from a pure financial sense, the investment might make sense.  Note: I am not a financial advisor.  This tip is provided for entertainment value only.  Invest at your own risk – I am not liable to losses that may result from investments in BP stock.

Stephen Strasburg lived up to the hype on Tuesday night, striking out fourteen batters and allowing just four hits against the Pittsburgh Pirates.  Strasburg and two relievers combined to strike out 17 Pirates.  On the flip side, Pirates pitchers recorded just a single strikeout in the game.  Strasburg faces off againt the Indians at noon today.

Ubaldo Jimenez struggled a bit with command of his pitches during rainy weather on Friday night, allowing 5 hits, 5 walks, and 3 runs through 6 innings.  It was good enough to allow Jimenez to notch his 12th win of the season.  Jimenez typically pitches into the 7th inning, but this game was called because of rain after six innings.  Ubaldo is 12-1 through his first 13 starts, with a 1.16 ERA.

Iowa State’s Lisa Koll (the best athlete you’ve never heard of?) won the 10,000 meters and 5,000 meters at the NCAA track meet.  Koll became the fifth fourth woman to ever achieve this historic double.  She conserved her energy in the 10K on Wednesday night, and it paid off in the 5K, as she ran away from the field – winning by 30 seconds (an enormous margin) in the 11th fastest time by a collegiate woman.  Koll will be signing with a shoe company soon, and will be setting her sights on the 2012 Olympics.

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