About those late night emails …

February 12, 2016

A couple of weeks ago, there was a local bruhaha.

One lady sent a snitty email late at night to a club mailing list.

One of the recipients – who had been sipping wine all night – took offense, and shot back a nuclear-rated reply… to the whole list, of course.

A major cat-fight broke out … wasn’t pretty.

.Got me thinking more generally about about late night emails …

 

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And, by coincidence, the Harvard Business Review just published an article on the topic.

Read the rest of this entry »

A couple of post-New Hampshire snapshots…

February 11, 2016

Cruz, Bush & Rubio were only separated by about 1 percentage point and each of the 3 walked away with the same number of delegates.

Kamikaze Christie trailed Rubio by more than 3 percentage points and headed back to NJ with no delegates …

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Bernie Sanders shot some hoops before his victory speech.

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Whatever Bernie eats, I want some.

That dude has stamina ….

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And, a couple of pics that sum up the final election ….

Read the rest of this entry »

Hillary gets shlonged (again) …

February 10, 2016

Talk about about a smackdown …

Clinton camp was hoping to keep the margin within single-digits … didn’t happen.

New Hampshire voters were feelin’ the Bern, for sure.

Ranting more credibly against Wall Street’s 1-percenters and offering even more stuff for free than Hillary, Sanders coasted.

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Here are a couple of voting details that caught my eye …

Read the rest of this entry »

Strategy: What’s your market? Who are your competitors?

February 9, 2016

We’re covering market definition in class this week, so it’s time to pull from the archives …

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Sounds like an easy question with an obvious answer, right?

Not really.

Sometimes, properly defining the market is a stumbling block for strategists.

Harvard guru Clayton Christensen tries to cut to the crux with a simple principle:

People “hire” products to do “jobs”

The jobs are situation-specific problems that customers have to resolve.

Christensen says that the best way to define (and segment) is based on “jobs to be done”.

He calls the approach “milkshake marketing”  …. the 5-minute video explains why.

 

Here’s a more rigorous definition of the “Jobs to be DOne” Framework …

Read the rest of this entry »

Marco: Here’s what you should have said …

February 8, 2016

Disclaimer: I’m a Rubio fan since he has brains & stage presence (usually) … which should translate to electability.

So, I was stunned that he was under-prepped for Saturday’s debate … and got steam-rolled by Christie.

Christie’s points re: accomplishments, accountability and leadership are legitimate … and certainly should have been expected.

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Obviously, Marco could have handled the onslaught more effectively.

Here’s how …

Read the rest of this entry »

All the news that fits, we print.

February 5, 2016

Making the email rounds: the state mainstream print media …

1.  The Wall Street Journal is read by the people who run the country.

2.  The Washington Post is read by people who think they run the country.

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3.  The New York Times …

Read the rest of this entry »

Math Trix: So, exactly how lucky is Hillary?

February 4, 2016

I know that this doesn’t matter from a political perspective… Bernie stands zero chance of winning the nomination.

But I think that the math is interesting … made me dust off my recollections of combinatorial probabilities.

Just in case you’ve been asleep for the past couple of days (or get all of your news from the NY Times), Hillary squeaked by Bernie in Iowa … I mean, really squeaked.

The ending tally was that Hillary got credit for 701 delegates and Bernie got credit for 697.

How those final totals were concocted is very interesting.

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Here’s the scoop … and the stats.

Read the rest of this entry »

“Going to hell in a handbasket” … say, what?

February 3, 2016

This week, a poll finally asked a question that really cuts to the chase:

Which better describes how you feel about the way things are going in the world these days?

  • a) Things are going to hell in a handbasket
  • b) Everything will be alright
  • c) Don’t know

 

 

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Started me wondering:

What’s up with a goofy idiom like “going to hell in a handbasket”?

Read the rest of this entry »

Trump: “I got shlonged, eh?”

February 2, 2016

Ok, he didn;t say it (but he should have).

And, Hillary didn’t say it (but she could have).

And the NY tabloids didn’t say  it (a missed opportunity).

The NY Daily News did demonstrate some good old NY values in their headline today:

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And, in my opinion, the NY Post hit the nail on the head:

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Couple of quick takes:

Conventional wisdom was that Cruz blew it with his “New York values” remark … especially when Trump cleverly tied it to 9-11.

It wasn’t about 9-11, it was about pushy arrogance …  you know, bullying … the “we’re smart, rest of America is dumb” bravado.

Geez, the mainstream media missed that one …. but the dumb folks in Iowa picked up on it.

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Then there’s the sophomoric “born in Canada” rift.

Trump probably figured that slight would work … after all, he killed Bush by simply characterizing him as” low energy’ … being born in Canada has got to be worse than that, right?

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Speaking of Bush … here’s a grand irony.

Trump buried any hopes Jeb had to become President.

So, what does Jeb do?

He spends 10s of millions of dollars trying to scorch Rubio.

What’s the outcome?

Well, the attack ads were probably just enough to keep Marco from beating Trump out for the #2 finish.

If Trump had finished 3rd, it might have been fatal to his “I’m a winner” campaign pitch.

But, as 1st runner-up, he lives to campaign another day.

So, it may turn out that Jeb was a king-maker … with the crown going to his nemesis.

Ironic, right?

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#HomaFiles

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Reprise: How Beef-Loving Voters Can Get Tofu (aka Trump) for President

February 1, 2016

This is from the HomaFiles archives – one of my favs.

The original WSJ article was inspired by Clinton’s win over elder Bush (the Perot factor), younger Bush’s win over Gore (the Nader factor), and Jesse Ventura’s gov win in Minnesota.

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The analysis has relevancy these days, given the way that the not-Trump vote is being carved thin among many GOP presidential contenders.

Let’s see how Iowa turns out tonight …

Read the rest of this entry »

Math Trix: The case of the gifted stock-picker…

January 29, 2016

I’ve been reading a book called How Not to Be Wrong: The Power of Mathematical Thinking by Jordan Ellenberg

The author recounts a classic stock advisor scam that goes like this …

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One day, you receive an unsolicited newsletter from an investment advisor, containing a tip that a certain stock is due for a big rise.

A week passes, and just as the Investment advisor predicted, the stock goes up.

The next week, you get a new edition of the newsletter, and this time, the tip is about a stock whose price the adviser thinks is going to fall.

And indeed, the stock craters.

That’s good, but it gets even better …

Read the rest of this entry »

What happens if no presidential candidate gets 270 electoral votes?

January 28, 2016

Here’s an interesting twist: what if Michael Bloomberg runs as a 3rd party candidate and siphons some electoral votes from, say Clinton and Trump, keeping them both from attaining the  necessary 270 electoral votes.

Could create a very interesting situation.

bloomberg, mike

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So, what happens if none of the presidential candidates gets 270 electoral votes?

Read the rest of this entry »

Quick: Has any 3rd party presidential candidate ever won any electoral votes?

January 26, 2016

Lots of chatter around whether Michael Bloomberg will run as 3rd party candidates.

Raises a logical question …

bloomberg, mike

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Has any 3rd party presidential candidate ever won any electoral votes?

Read the rest of this entry »

Blizzard Special: The best commercial ever.

January 25, 2016

First, a good news story.

After about 5 hours of snow blowing & shoveling (12 hours if you count yesterday, too), I finally got to the heap of snow left by the snow plows at the bottom of our driveway.

I hacked away at for quite awhile and then … you guessed it … the plow came back and deposited another a new gargantuan pile of snow, re-blocking the driveway

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Believe it or not, I was able to just laugh it off … and, the Lord rewarded me.

A couple of minutes later, the plow returned … the driver honked for me to back away … then proceeded to maneuver his plow like a sports car … totally removing the pile he had previously deposited.

He honked and waved.

I gave him a thumbs up … my faith in mankind temporarily restored.

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Of course, the incident reminded of my pick for the best commercial ever …

Read the rest of this entry »

The value of a college degree … and, the drag of not having one.

January 22, 2016

Here’s a chart that caught my eye re: the value of a college degree …

Since the mid-60s, the real wages of a worker holding a bachelor’s degree have increased by about 40%.

The increase for workers with a graduate degree is even greater …. almost 90%

That sounds formidable, but even it is only about 1.3% per annum.

 

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Source

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Dragging the numbers down further …

During the same period, real wages for high school grads only increased about 15% … about 1/4% per annum.

And, real wages for workers without a high school degree stayed flat … or arguably, fell.

Of course, those small percentage differences in growth rates have a dramatic compounding effect …

Read the rest of this entry »

High tuitions … and “Baumol’s Cost Disease”

January 21, 2016

The NY Times ran a piece by Harvard Prof Greg Mankiew summarizing his views re: high and increasing college tuitions.

One of Mankiw’s identified causes is “Baumol’s Cost Disease”

Many years ago, the economist William Baumol noted that for many services — haircuts as well as string quartet performances — productivity barely advances over time.

Yet as overall productivity rises in the economy, wages increase, so the cost of producing these services increases as well.

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Education is a case in point …

Read the rest of this entry »

“Authoritarians” for Trump … pssst, that may be you!

January 20, 2016

Interesting piece in Politico

Let’s start with a quick test.

Imagine yourself as a parent.

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Would you prefer that your children be:

  1. respectful or independent
  2. obedient or self-reliant
  3. well-behaved or considerate
  4. well-mannered or curious

Pick one from each of the above pairs.

Let’s see how ‘authoritarian’ you are …

Read the rest of this entry »

Should I still be teaching Michael Porter’s strategy stuff?

January 19, 2016

Starting up my strategy course and pitching some stuff from strategy guru Michael Porter.

In the spirit of full disclosure, I feel obligated to remind folks that the consulting outfit started by  Porter – went bankrupt a couple of years ago and got acquired by Deloitte.

How ironic … an uber-strategist’s own company goes belly up.

 

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Here’s the scoop …

Read the rest of this entry »

Feds may not check social media, but employers do …

January 15, 2016

Remember the post-San Bernardino revelation that DHS doesn’t check social media before granting visas because applicants might think that their privacy is being violated.

Well, guess what.

Employers don’t feel the same need to tread lightly when vetting job applicants.

To that point. according to a  2015 Harris poll, a majority of employers (52%, to be precise) use social networking sites to screen job candidates during the hiring process. Source

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Specifically, what are employers looking for?

Read the rest of this entry »

Powerball economics … and, oh yeah, about regressive taxes.

January 14, 2016

Last night’s Powerball payoff was $1.6 billion.

Even at Powerball’s ridiculous odds – 1 chance in 250 million of winning – that’s a good bet statistically, right?

Let’s go thru some math.

In econ-speak, the nominal expected value of the payoff is $1.6 divided by 250 million … about $6.

Since each PB ticket costs $2 … and $6 is way greater than $2 … that’s a good bet, right?

 

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As Mr. Miyagi would tell the Karate Kid: “Not so fast, Grasshopper”

Read the rest of this entry »

Employers: 9 of 10 college grads poorly prepared …

January 13, 2016

According to the WSJ

9 out of 10 business owners surveyed by the American Association Colleges and Universities said that recent college graduates as poorly prepared for the work force in such areas as critical thinking, communication and problem solving.

“Employers are say that they don’t care about all the knowledge you learned because it’s going to be out of date two minutes after you graduate … they care about whether you can continue to learn over time and solve complex problems.”

 

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Are employers being too critical?

Read the rest of this entry »

On the move: “We’re outta here” …

January 12, 2016

Each year, United Van LinesUnited Van Lines published a report indicating the number of net moves made into and out of states.

Here’s the summary …

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And, here are the details re: states with the highest outflows and inflows …

Read the rest of this entry »

In Philly, Mayor Nutter apparently was replaced by Mayor Nuttier …

January 11, 2016

The most recent former mayor of Philadelphia was named Michael Nutter.

His successor – the current Philly mayor – is James Kenney.

Channeling President Obama, Mayor Kenney hit the airwaves on Friday to declare that the shooting of a Philly cop “had nothing to do with being Muslim”.

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Say, what?

The Mayor’s comments followed a police new conference announcing that the shooter said that he “had pledged allegiance to ISIS and that he targeted an officer because police defend laws that are contrary to the Quran.”

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And, that’s not all …

Read the rest of this entry »

DC’s anti-burglary initiative off to a bad start …

January 8, 2016

Let’s end the week with something from the you-can’t-make-this-stuff-up file …

There has been an epidemic of burglaries in DC.

The DC police chief chalks it a change in criminals’ organization structure:

“We used to say that violence was neighborhood-based … now criminal street gangs are organized around armed robberies.

They’re involved in a high number of robberies and they don’t just do it in one neighborhood.”

In MBA-speak, they used to be organized geographically … now they’re organizing functionally.

Hmmm.

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Recognizing the problem, Mayor Muriel Bowser did the what mayors do ….

Read the rest of this entry »

Wages, productivity … and women.

January 7, 2016

Hot topic these days is how wages have remained stagnant for a long, long time … while productivity – think output per labor-hour has soared.

The political explanation: over-sized paychecks to greedy CEO’s have been draining the coffers.

That may be a part of the answer, but I bet it’s statistically insignificant.

I haven’t run the nums, but I bet that zeroing all CEO compensation wouldn’t budge the below chart.

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In addition to greedy CEO’s, the batch of suspects usually includes: automation (shifting jobs to machines & computers), globalization (moving jobs to low wage areas), immigration (an influx of cheap labor).

In other words, the supply of labor and the demand for labor are out of whack.

OK, I get that.

But nobody seems to ever mention a pretty obvious bump in the supply of labor ….

Read the rest of this entry »

The American Dream is dead … err, not really.

January 6, 2016

Over the past couple of weeks, there has been an endless series of media spots about some Pew Research data demonstrating, beyond the shadow of a doubt, that the middle class is shrinking.

A common headline played off the rich are getting richer. theme:

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Pretty dire, right?

Not so fast.

Digging deeper into the Pew numbers paints a different picture…

Read the rest of this entry »

Gallup: Big government is biggest threat …

January 5, 2016

The mainstream media loves to bash big business and praise big government, but guess what … the American people don’t seem to buy it.

Each year, Gallup asks which is the bigger future threat: big business, big government or big labor.

For 50 years, big government has won that horse race … usually by a pretty big margin.

But, post 9-11 and during the Obama honeymoon period, the government-as-a-threat numbers dipped a bit.

That improvement was short-lived.

Most recently, the numbers have hit historic highs with about 70% thinking that big government is the biggest threat.

 

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The breakdown by political party affiliation has a few surprises to offer …

Read the rest of this entry »

Maybe, the Fed’s 1/4% rate increase is just a shiny object …

January 4, 2016

In a prior post, we opined that the Fed’s 1/4% rate increase shouldn’t have a material effect on business investment or consumer mortgage rates.

For details, see Fed Watch: Is 1/4 of 1 percent a big number or a little number ?

But it will have a BIG impact on the cost to service the U.S. Debt … which is now over $18 trillion.

A basic math principle:  A little number times a very big number results in another very big number.

In this specific case,  $18 trillion times .25% equals $45 billion.

 

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That said, I don’t think that the Fed discount rate is the right number to watch … especially if you’re a stock market watcher.

Read the rest of this entry »

Christmas 2015 – 45 Lessons in Life

December 24, 2015

This short slide show was sent to me by a friend. 

It really resonated with me, so it has become a Christmas tradition for me to share it with you.

Merry Christmas and Happy New Year to all !
back with you after the New Year

* * * * *
click picture to launch  (best with audio on)
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Airlines weigh-in on cost-cutting ……

December 23, 2015

Let’s end this week on a lighter note (<= pun intended).

Loyal readers know that I’ve been a long-standing of airlines charging by the pound rather than having a flat fare that is applied to all passengers – small, big and supersized.

Here are some ‘greatest hits’ posts on the topic.

Prices: Why don’t airlines charge more for these bags?

Norwegian economics professor jumps on the scale … endorses “pay what you weigh”

Air fares: Public weighs in …

Tipping the scales: Airline starts weighing all passengers …

Applying the principle, GoAir, an Indian low-cost carrier, now only hires female flight attendants because they are on average 10-15 kg lighter than men. Less weight means less fuel-burn, lower costs, more profit.

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According to The Economist, it’s just one of the ways that airlines are shaving costs these days.

Read the rest of this entry »

What’s up (or down) with oil prices?

December 22, 2015

I’m sure you’ve noticed that gas prices have come down at the pump.

If you follow the economy or the stock market, you’ve certainly noticed that oil prices have come down … a couple of years ago it was selling for over $130 per barrel … now it’s selling for under $35.

Most pundits chalk it up to slowing economic growth in China.

But, that sounded too simple to me, so I started asking some questions … why’s it happening? who’s getting helped or hurt?

 

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Here’s my current theory of the case …

Read the rest of this entry »

My nomination for President … experience, integrity, leadership.

December 21, 2015

Last week, I built a partial Cabinet from the current cast of GOP Presidential candidates.

HHS – Dr. Ben Carson

Commerce – Ms. Carly Fiorina

State – Sen. Marco Rubio

Justice (AG) – Gov. Chris Christie

V.P. – Gov. John Kasich

For details & rational, See Let’s build a cabinet ….

OK, I’m ready to declare my pick for the top spot.

It’s a long-shot, especially since he’s not a declared candidate.

But I can dream, can’t I ?

I hoping that since the current field – on both sides – doesn’t have a president-ready candidate, that this guy will ride in on a white horse … or, be dragged in …. I don’t really care.

 

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Here’s his top line bio:

Education: William & Mary, University of Chicago Law School (doubt that he studied under Prof. Obama)

Gov’t experience: DOJ under both GOP and Dem administrations

Business experience: Worked in both the defense sector and the financial sector (not just a political hack)

Proven track record: Has been demonstrably successful in everything he has done

High Integrity: Consistently praised by both ends of the political spectrum  — not for being bi-partisan, but for being non-partisan

Apolitical: He’s clearly “in the game” for the right reasons – to serve the country and its people.

Independent: Earned enough FU-money in his real world jobs that he can’t be bought or swayed.

Orientation: “Gets it” regarding the war on terror … realistic, aggressive

Strong leadership: When the guy talks, I think he’s telling the truth and glad that he’s got a hand on the tiller (think, the polar opposite to Obama’s speech after San Bernardino.)

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Pretty solid, right?

So, who’s my pick?

Read the rest of this entry »

He finally said “ISIS” …

December 19, 2015

A couple of weeks, we posted: Why does he persist in calling it “ISIL”?

The central observation was that EVERYBODY else (including the Washington Post and New York Times) called the terrorist group ISIS, but Obama continued to use the more arcane term ISIL

According to  Wiki :

“The usage of the term “Levant” has been relegated to  academia in the fields of archeology and literature, but there is a recent attempt to reclaim the notion of the Levant as a category of analysis in political and social sciences.”

For a detailed explanation of the nuanced differences, see ISIS, ISIL,Islamic State, etc.

We asked “Why?” … and hypothesized that the President was playing a card right out of the “Power Personna” playbook.

Rule #3: Establish superiority through language, e.g.

“I’m way smarter than you are, so I’ll call it ISIL (especially since you don’t call it that and you’re stupid)”

Well, well, well …

At his press conference last Friday, President Obama finally broke down and called the terrorist group ISIS.

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Hmmm

Let’s recount the bidding ….

The HomaFiles takes the President to task for using arcane academic language to appear superior to the masses.

Days later, the self-proclaimed ‘gifted’ orator changes course and starts talking like all of rest of us folks … blurting out the phrase ISIS.

Coincidence?

What’s next “Radical Islamic Terrorists”?

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#HomaFiles

Follow on Twitter @KenHoma            >> Latest Posts

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Let’s build a cabinet ….

December 18, 2015

During this week’s GOP debate, the obvious became clear to me.

Like many (most?) people, I have trouble envisioning any of the candidates sitting behind the desk in the Oval Office (or standing at a podium in front of the desk).

But, there’s premium lemonade that can be squeezed from the cast of characters.

 

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Specifically, if these boys and girl can modify their behavior to swallow their egos and play nice-nice with one another, I think a powerful cabinet can be put together .

Here’s the team I’d put on the field …

Read the rest of this entry »

Fed Watch: Is 1/4 of 1 percent a big number or a little number ?

December 17, 2015

Ok, the Fed finally hiked rates by a whooping 1/4% ….

A common view: “geez, is the economy so bad that it can’t absorb a measly 25 bps increase in interest rates?”

Obviously, .25% isn’t enough to sway many corporate investment decisions … most corporate investments are projected to return mucho above the firm’s cost of capital …  not mere quarters of a point.  Reality is that firms have hurdle rates way above their cost of capital, reflecting implicit risk and organizations’ limited implementation capacity.

So, what’s likely to be the major impact?

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Here’s my take…

Read the rest of this entry »

What if Trump gets elected and acts like Obama?

December 16, 2015

There was a “must read” opinion piece in the Washington Post last weekend.

The article was penned by left-leaning GWU law professor Jonathan Turley

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Turley has long been warning that Dems may think it is clever and appropriate when Obama circumvents the Congress and courts to implement his partisan policies, that they should be forewarned that what goes around, come around.

Specifically, he says:

Democrats have supported President Obama’s claims of unchecked authority in a variety of areas.

Obama has been particularly aggressive in his unilateral actions.

From health care to immigration to the environment, he has set out to order changes long refused by Congress.

Thrilled by those changes, supporters have ignored the obvious danger that they could be planting a deeply unfortunate precedent if the next president proves to be a Cruz rather than a Clinton.

While the policies may not carry over to the next president, the powers will.

The Obama model will be attractive to successors who, although they may have a different agenda, have the same appetite for unilateral decisions.

Here are some specifics that he cites:

Read the rest of this entry »

“It’s just not who we are” … … and other things that I wish politicos would stop saying.

December 15, 2015

Trump’s plan to temporarily halt visas for Muslims “until we figure out what’s going on” was met with broad-scale indignation.

To summarize the outcry: “It’s unconstitutional … and, even if it isn’t, it’s just not who we are.”

Oh, really?

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Let’s dive a bit deeper on the constitutionality and the “who we are” arguments …

Read the rest of this entry »

Did you notice the Global Warming hysteria in DC over the weekend?

December 14, 2015

No, I’m not talking about the Paris Accords … I’ll get to them later.

I’m talking about Christmas shoppers strolling the streets of DC in shirtsleeves with temps in the 70s.

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I heard a lot of comments like “This is sweet” and “Who needs Florida?”

I didn’t overhear anybody saying “But, what will happen to the earth 10,000 years from now?” or “How about those Paris Accords?”

So, I feel obligated to draw attention to the “historic” Paris Climate Change Accords.

Read the rest of this entry »

“See something, say something” … and other things that I wish politicos would stop saying.

December 11, 2015

The press & politicos have been excoriating Syed Farook’s neighbors for not alerting the authorities that a gaggle of Muslim-looking guys were frequently gathering in Farook’s garage.

“If they had only called, the San Bernardino massacre might not have happened at all”

It sounds pretty straightforward, doesn’t it?

But, let’s take a test …

What do you see in the below picture?

If this were laid open at, say, an airport or school, would you “say something”?

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Do you know what happened to the folks who thought the item was pretty suspicious and decided to “say something”?

Read the rest of this entry »

ISIS, ISIL,Islamic State, etc.

December 10, 2015

I got a few questions and comments after the post earlier this week asking about President Obama:

Why does he persist in calling it “ISIL”?

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Once again, let’s answer the question: what’s the difference among all those names?

Read the rest of this entry »

Trump: Inspired by the 1972 Cuban Olympic boxing team?

December 9, 2015

Pundits are struggling to explain Donald Trump’s continued strong — and arguably strengthening — position in the Presidential race.

It’s simple Watson.

Just imagine him as a Cuban boxer.

Many of you may be too young to have witnessed and remember, but…

In the 1972 Olympics, the polished U.S. boxing team was predicted to sweep the competition.

But, something happened on the way to the medals’ platform that shocked the sporting world.

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Here’s the story and why Trump jogged my memory of the 1972 Olympics …

Read the rest of this entry »

Why does he persist in calling it “ISIL”?

December 8, 2015

OK, I know that “Levant” refers to a broader area than Iraq and Syria.

My point: if you’re trying to communicate clearly, it usually helps to speak in the jargon of the listeners.

Even, media shills refer to the terrorists as ISIS … and, they even do it to help readers —  translating what Obama means when he says “ISIL”.

 

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To get a bit more technical, Wiki says:

“The usage of the term “Levant” has been relegated to  academia in the fields of archeology and literature, but there is a recent attempt to reclaim the notion of the Levant as a category of analysis in political and social sciences.”

Hmm.

An arcane academic usage … being reclaimed by politicos.

But, for what reason?

Read the rest of this entry »

The most outrageous things said about the San Bernadino terrorist massacre …

December 7, 2015

The terrorist murders in California last week were a horrendous tragedy.

Can you imagine being one of the family or friends of the innocent victims?

 

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For me, it evokes the feelings I had when attending the funeral wake of one of my former students who was killed on 9-11.

I will never forget the look on his mother’s face as she tried to stay strong while standing in front of her dear son’s coffin.

That scene permanently framed my reaction to terrorists and their cold-blooded murderous actions.

With that as a backdrop, I was stunned by some of the outrageous (and dumb) things that were said following the killings ….

Read the rest of this entry »

Are people buying in to climate change?

December 4, 2015

How big of a worry is climate change?

According to Gallup, a slim majority of Americans think that climate change is “not a worry at all” or is “a little bit of a worry”.

Hardly hysteria.

The issue ranks #14 on Gallup’s list of top worries … about twice as many people think that the economy and government spending is a big deal.

People are way more concerned about crime & violence, terrorism and the availability & affordability of energy.

Hmm.

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And, even more interesting than the polling data is how people are acting in the free market …

Read the rest of this entry »

Still more climate change perspectives …

December 3, 2015

From “The Coming Ice Age” … to “Global Warming” … to “Climate Change” … to “Extreme Weather Events”

Yesterday, we looked at some of the doomsday forecasts about what’s likely to happen if world leaders don’t take significant anti-carbon action at the Global Summit on Climate Change.

Most of the doom & gloom comes from what scientists speculate happened here on earth a couple of hundred thousand years ago.

Like they have good data from a million years ago, right?

Today, let’s look at some more recent history.

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First up is the 18 year “pause” in global warming.

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Another Climate Change Perspective …

December 2, 2015

NY Times: Best & Worst Cases

Over the weekend, the NY Times published a piece by Curt Stager — a professor of natural sciences at Paul Smith’s College.

Prof. Stager’s opening salvo:

The cleanup (of the carbon already in the atmosphere) will take tens of thousands of years even if we switch quickly to renewable energy sources.

When the Earth’s slow cyclic tilting and wobbling along its eccentric orbital path once again leads to a major cooling period some 50,000 years from now, enough of our heat-trapping carbon emissions will still remain in the atmosphere to warm the planet just enough to weaken that chill.

Holy Smokes, Batman … 50,000 years

 

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But, not to worry, Prof. Stager serves up a best case scenario…

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Climate Change Perspectives …

December 1, 2015

Today: Warren Buffett

First, let’s put a couple of stakes in the ground …

I’m not a big Warren Buffet fan.

He’s a big fan of Barack Obama, and is always being rolled out as the sage of American business.

He whines about how his secretary’s marginal tax rate is higher than his … but, he doesn’t consider paying her more to cover the difference …  he just asserts that my taxes should be higher.

But, since he’s President Obama’s man, I wondered …

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Where does Buffett come out on climate change?

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Perspectives on Climate Change …

November 30, 2015

Since Bernie Sanders has said that Climate Change is a far bigger threat than ISIS

… and since Prince Charles has declared that Climate Change is what’s causing all the havoc in the Middle East

… and since President Obama says that the U.S. is demonstrating that it’s still relevant in the world by the “leading on Climate Change” (apparently from the front, not the back this time)

… and since this is the week of the Global Climate Change Convention in Paris …

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I decided to get up to speed on the topic and do a couple of posts on the subject.

For openers let’s get some perspective from political commentator (and comedian) Dennis Miller …

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Happy Thanksgiving !

November 26, 2015

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Follow on Twitter @KenHoma

Life: E + R = O

November 25, 2015

OK, I.m a control freak.

There, I said it.

Along the way, somebody passed along a memorable observations:

“You can’t control everything that happens to you, but you can always control the the way you respond to it.”

Fast forward.

I’m an Ohio State football fan. Last weekend, I was watching the Buckeyes play Michigan State..

The announcers said that Urban Meyer – OSU’s head coach —   preaches the E+R=O principle to his players … even has them wear wristbands.

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Say, what?

I ran and googled E+R=O

Answer: Event + Response = Outcome

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Hmmmm … sounds familiar.

And, there’s more …

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