- Allow CFIs to renew their privileges every two years while keeping the original certificates;
- extend the duration of a student pilot certificate to coincide with the duration of a third class medical certificate;and
- allow the use of personal computer-based aviation training devices (PCATDs) to meet instrument currency, requirements for logbook entries, and credit for use of a flight simulator or flight training device (FTD) for the private and commercial pilot certificates.
Friday, February 9, 2007
FAA Proposes To Revamp Pilot Certification Regs
10 Nutritional Tips to Keep You Lean
Dr. Cherry
It's that time for New Year's resolutions. Perhaps you've made a commitment to lose some weight (or to not gain any). To help you, nutrition experts have these 10 basic rules to keep you eating on the lean and narrow.
- Know how to eat out. Order something you know is low in fat and calories, such as a bowl of soup (clear, not creamy), a turkey sandwich (no cheese or mayonnaise), a salad or broiled fish. Go for pizzas with a thinner crust and half the cheese.
- Don't eat on autopilot. Only eat at the table. If you eat in front of the television or over the sink, you're probably shoveling it in without thinking.
- Know what a portion looks like. Eating huge amounts of anything will leave you putting on the pounds. To eyeball what a portion looks like, keep these tips in mind: a half-cup of pasta is the size of a tennis ball; an ounce of cheese is the size of a golf ball; three ounces of meat is the size of a deck of cards; one cup of beans or cereal is the size of a baseball; an ounce of pretzels will fit in your open, cupped hands; and an ounce of nuts will fit in the palm of one hand.
- Know the fat traps. Read food labels to find out the fat content of the food you eat. To substitute lower-fat alternatives: instead of potato chips, candy or cookies from the vending machine, eat pretzels; instead of anything fried, eat food broiled or grilled; instead of whole milk or cheese, eat one percent or skim milk and low-fat cheese; instead of ice cream, eat nonfat frozen yogurt or frozen fruit bars; and instead of creamy salad dressings, eat fat-free dressings (or just lemon juice or and/or balsamic vinegar).
- Choose filling foods. That means foods that are high in fiber, like fruits, vegetables and whole grains. Fiber makes you feel fuller longer and helps you eat less.
- Count liquid calories. Sodas, juices and sports drinks are all high in calories. Stick with no-calorie drinks like water or plain iced tea.
- Know when you've had enough. Many people eat beyond fullness to discomfort. Learning to identify when you're satisfied can pay off with fewer pounds gained.
- Don't use food to feel better. When faced with a stressful situation, don't turn to food for solace. Instead, exercise or do some other activity that will take your mind off food.
- Don't give in to a binge. Overindulging just once can easily turn into an entire week of gluttony. Instead, eat a low-calorie snack and wait a few minutes. You'll find your craving often disappears.
- Never skip breakfast. Not eating breakfast often leads to overeating later in the day.
Thursday, February 8, 2007
When Hallmark Writers Have a Bad Day
I thought it was flat.
When I looked at the tire,
I noticed your cat.
Sorry!
Heard your wife left you;
How upset you must be.
But don't fret about it...
She moved in with me.
Looking back over the years
That we've been together,
I can't help but wonder...
What was I thinking??!!
Congratulations on your wedding day!
(Too bad no one likes your spouse.)
How could two people as beautiful as you...
Have such an ugly baby???
I've always wanted to have someone to hold, someone to love.
After having met you, I've changed my mind.
I must admit, you brought religion into my life...
I never believed in Hell till I met you.
As the days go by, I think of how lucky I am...
that you're not here to ruin it for me.
Congratulations on your promotion!
Before you go...
Would you like to take this knife out of my back?
You'll probably need it again.
Someday I hope to get married...
But not to you.
Happy Birthday!
You look great for your age...
Almost lifelike!
When we were together,
you always said you'd die for me.
Now that we've broken up,
I think it's time you kept your promise.
I knew the day would come when you would leave me for my best friend.
So here's his leash, water bowl and chew toys.
We have been friends for a very long time...
What do ya say we call it quits?
I'm so miserable without you.
It's almost like you're here.
Congratulations on your new bundle of joy!
(Did you ever find out who the father was?)
You are such a good friend that if we were on a sinking ship and there was only one life jacket...
I'd miss you terribly and think of you often.
Your friends and I wanted to do something special for your birthday.
So we're having you put to sleep.
Happy Birthday, Uncle Dad!
(Available only in Alabama, Tennessee, West Virginia, and Mississippi)
Tuesday, February 6, 2007
New Cool Supermarket
When you approach the milk cases, you hear cows mooing and experience the scent of fresh hay.
When you approach the egg case, you hear hens cluck and cackle, and the air is filled with the pleasing aroma of bacon and eggs frying.
The veggie department features the smell of fresh buttered corn.
I don't buy toilet paper there any more.
Monday, February 5, 2007
Sunday, February 4, 2007
Friday, February 2, 2007
Urine trouble now; man disrupts United flight
... That's what one man on a flight from Denver to Aspen found out yesterday. A passenger on a United flight that landed at Sardy Field at about 5 p.m. badly needed to relieve himself but at the time, FAA regulations said he couldn't. "
READ MORE:
Aspen Daily News | Aspen, Colorado
UNEDITED Paula Abdul Interview with FOX-News
A video of Paula Abdul on a Seattle FOX-News morning show.
Looks like WAY too many pain pills + WAY too much alcohol...
WATCH HERE
The 6 stages of a dog shock collar

This is a hilarious video from AFV of a guy testing out the 6 stages of a dog shock collar! SO FUNNY! This is a clean video, safe for your family to watch.
WATCH HERE
Albuquerque Man Helps Co-Pilot Land Continental 757
Albuquerque businessman Stephen W. Brown doesn't consider himself a hero.
But when a medical emergency struck down the captain of a nearly full Continental Airlines jet flying to Mexico, Brown climbed out of his passenger seat and into the cockpit.
The 47-year-old licensed private pilot, who usually flies a single-engine Cessna, helped land the Boeing 757-300 loaded with 209 other passengers at McAllen-Miller International Airport in McAllen, Texas, on Saturday.
READ MORE:
Albuquerque Man Helps Co-Pilot Land Continental 757
Teenager Owners Manual
Please do not remove the copyright from this essay.
Congratulations! You are now the proud new owner of a teenaged daughter. Please read this manual carefully, as it describes the maintenance of your new daughter, and answers important questions about your warranty (which does NOT include the right to return the product to the factory for a full refund).
IF YOU FEEL YOU HAVE RECEIVED YOUR TEENAGER IN ERROR: To determine whether you were supposed to receive a teenaged girl, please examine your new daughter carefully. Does she
(a) look very similar to your original daughter, only with more makeup and less clothing?
(b) refuse to acknowledge your existence on the planet Earth (except when requesting money)?
(c) sleep in a burrow of dirty laundry?
If any of these are true, you have received the correct item. Nice try, though.
BREAK-IN PERIOD: When you first receive your teenaged daughter, you will initially experience a high level of discomfort. Gradually, this discomfort will subside, and you will merely feel traumatized. This is the "Break-In Period," during which you are becoming accustomed to certain behaviors that will cause you concern, anxiety, and stress. Once you have adapted to these behaviors, your teenager will start acting even worse.
ACTIVATION: To activate your teenaged daughter, simply place her in the vicinity of a telephone. No further programming is required.
SHUTDOWN: Several hours after activation, you may desire to shut down your teenaged daughter. There is no way to do this.
CLEANING YOUR TEENAGED DAUGHTER: Having a teenaged daughter means learning the difference between the words "clean" and "neat." Teenaged daughters are very clean, because they take frequent showers that last more than an hour. They will scrub themselves with expensive, fragrant soaps which you must purchase for them because like I'm sure I'm going to use like the same kind of soap my mom and dad use. When they have completely drained the hot-water tank, they will step out and wrap themselves in every towel in the bathroom, which they will subsequently strew throughout the house. If you ask them to pick up the towels, you are confusing "clean" with "neat." Teenagers are very busy and do not have time to be neat. They expect others to pick up after them. These others are called "parents."
FEEDING YOUR TEENAGED DAUGHTER: Your teenaged daughter requires regular meals, which must be purchased for her at restaurants because she detests everything you eat because it is like so disgusting. She does not want you to accompany her to these restaurants, because some people might see you and like I'm sure I want my friends to see me eating dinner with my parents. Either order take-out food or just give her the money, preferably both. If you order pizza, never answer the doorbell because the delivery boy might see you and ohmigod he is so hot. Yes, your daughter's idea of an attractive man is the pizza boy.
CLOTHING YOUR TEENAGED DAUGHTER: Retailers make millions of dollars a year selling stylish and frankly sensible clothing which will look adorable on your daughter. If you enjoy shopping, you will love the vast selections which are available to you. Unfortunately, your teenaged daughter wants to dress like a lap dancer. You may be able to coerce her into putting on a cute outfit before leaving the house, but by the time she walks in the schoolhouse door, she will be wearing something entirely different.
OTHER MAINTENANCE: Teenaged daughters require one of two levels of maintenance: "High," and "Ultra High." Your daughter is "Ultra High." This means that whatever you do won't be enough and whatever you try won't work.
WARRANTY: This product is not without defect because she has your genes, for heaven's sake. If you think this is not fair, talk to your parents, who think it is hilarious. Your teenaged daughter will remain a teenager for as long as it takes for her to become a woman, which in her opinion has already happened and as far as you are concerned never really will. If you are dissatisfied with your teenaged daughter, well, what did you expect? In any event, your warranty does not give you your little girl back under any circumstances, except that deep down she's actually still there -- you just have to look for her.
Thursday, February 1, 2007
Are You Capable of Teaching Your Kids Trigonometry?
Few homeschoolers have suffered the level of intimidation that the Pucketts of Camdenton, Missouri, recently experienced.
After a tipster called and said their kids were not in school, Donna and Gordie Puckett were told to attend a meeting with a juvenile officer. Home School Legal Defense Association Attorney Scott Woodruff helped them get ready for the meeting. If they were asked for anything beyond simply what the law required, he advised them to respond, "I'll review that request with my attorney and get back to you."
At the meeting, the juvenile officer and a social worker were present. The juvenile officer said she wanted to have the Pucketts' children tested. She harangued the parents with, "Are you capable to teach them trigonometry?" When the Pucketts asked what the purpose was of this interrogation, the juvenile officer said, "We want to make sure they can function in public school if they ever have to go back to public school."
Although the Pucketts brought with them abundant documentation of their homeschool program, the juvenile officer did not even glance it. She merely made a copy of the family's logs and filed it away. The social worker said, "I'll come do a home study and look at the other stuff." There were ominous hints: "If you are not up to standards we might have to .... If we have to remove your children from their home for their own protection ..., etc. ""
The Pucketts reported all this to Attorney Woodruff who explained that none of these demands or threats had a lawful basis. Before taking further steps, he wrote and asked the juvenile officer to put in writing everything she wanted the family to do. Officials will sometimes make outrageous demands orally, but are far more cautious when committing their threats to writing-they know the permanent record will provide a means to hold them accountable. Bullies thrive only when there is no accountability.
After six weeks of silence, the juvenile officer called and told the family she was going to close the file. She never replied to Woodruff's letter. None of the threats or demands were ever fulfilled.
HSLDA is familiar with Camdenton, Missouri. We spent nearly three years defending the Fitzgerald family there after the Camdenton R-III School District tried to force their homeschooled child to be evaluated for special needs, ending in a resounding victory for the family in the Federal 8th Circuit Court of Appeals in early 2006.
For more homeschool news check out www.hslda.org
Crowds snap photos of eagles apparently mating in a tree
LOCAL NEWS | KHOU.com | News for Houston, Texas:
Eagle lugging deer head causes outage - Animal Peculiarity - MSNBC.com
Comair Reduces Minimum Pilot Hiring Hours
Dysfunctional--But Useful--Affirmations
- Today's Affirmation: I have the power to channel my imagination into ever-soaring levels of suspicion and paranoia.
- Today's Affirmation: I assume full responsibility for my actions, except the ones that are someone else's fault.
- Today's Affirmation: I no longer need to punish, deceive, or compromise myself. Unless, of course, I want to stay employed.
- Today's Affirmation: In some cultures what I do would be considered normal.
- Today's Affirmation: I honor my personality flaws, for without them I would have no personality at all.
- Today's Affirmation: I am grateful that I am not as judgmental as all those censorious, self-righteous people around me.
- Today's Affirmation: The first step is to say nice things about myself. The second, to do nice things for myself. The third, to find someone to buy me nice things.
- Today's Affirmation: Blessed are the flexible, for they can tie themselves into knots.
- Today's Affirmation: Only a lack of imagination saves me from immobilizing myself with imaginary fears.
- Today's Affirmation: Does my quiet self-pity get to you or should I move up to incessant nagging?
- Today's Affirmation: Today I will gladly share my experience and advice, for there are no sweeter words than "I told you so."
- Today's Affirmation: False hope is nicer than no hope at all.
- Today's Affirmation: A good scapegoat is nearly as welcome as a solution to the problem.
- Today's Affirmation: Just for today, I will not sit in my living room all day watching TV. Instead I will move my TV into the bedroom.
- Today's Affirmation: Who can I blame for my own problems? Give me just a minute... I'll find someone.
- Today's Affirmation: I will find humor in my everyday life by looking for people I can laugh at.
- Today's Affirmation: The next time the universe knocks on my door, I will pretend I am not home.
GarbageBag RainCoat
instructables : GarbageBag-RainCoat
Wednesday, January 31, 2007
Ten Reasons to Buy Windows Vista
Why We Homeschool
Why We Homeschool
Why We Homeschool
Tired Mom
I had put in an 18-hour day at work and was upset to find my four-year-old Zack asleep in bed with my husband when I got home. Zack squirms so much it is impossible to get a decent night's sleep when he is with us. Exhausted, I collapsed into his bed instead, where I slept better than I had in years.
The next morning, I asked my husband, "Why was Zack in bed with you?"
"Oh," he replied, shrugging, "he wet his bed, and I was too tired to change his sheets."
Tuesday, January 30, 2007
There is nothing like a male (guys)
This classic Dave Barry column was originally published May 12, 1996.
Today we present another part of our ongoing series, ''Stuff That Guys Do.''
Our first example of guys doing stuff comes from the University of Washington Daily, which recently published a report written by Jeremy Simer and sent in by alert reader Donna Bellinger, headlined, ''Fraternity Game Turns Into Arrest.'' What happened, according to this report, was that some guys were up on the roof of the Theta Delta Chi fraternity house, and, as guys will do when they spend any time together in an elevated location, they began sharing their innermost feelings.
I am, of course, kidding. These guys, being guys, began dropping things off the roof, starting with smaller items, and eventually escalating -- this is when the police were summoned -- to a chair and a rowing machine.
A fraternity member is quoted as follows: ''We're frat guys. What can you say?''
Far be it from me to indulge in sex stereotyping here, but I am willing to bet that the reaction of you readers to this story is divided along gender lines, as follows:
FEMALE REACTION: ''Why would anybody do anything so stupid?''
MALE REACTION: ''A rowing machine! Cool!''
The simple truth is that guys have this overpowering urge to watch stuff fall and crash. If you ever see an inappropriate object, such as a piano, hurtling toward the Earth from a great height, you can be virtually certain that guys are responsible.
Ask yourself this question: If you were standing in the middle of a bridge spanning a magnificent wilderness gorge, at the bottom of which was a spectacular whitewater river, what would you do?
FEMALE RESPONSE: Admire the view.
MALE RESPONSE: Spit.
Yes, the truth is that there are few things that a guy enjoys more than proudly watching a gob of spit -- his spit; spit that he produced -- falling a tremendous distance. This is a male impulse that females frankly cannot relate to, just as males cannot relate to the female impulse to go into greeting-card stores and spend hours shopping for greeting cards even when there is no particular occasion or person you need to send a greeting card to, which is what women frequently do when guys are out spitting.
I am not suggesting here that all guys ever do is drop stuff. Sometimes they also throw stuff, and sometimes this can lead to trouble. I have in my possession an official U.S. government memorandum, sent to me by an alert but anonymous reader, that was written by Paul E. Thompson, acting director, Western Region, Inspection Operations, Food and Safety Inspection Service, U.S. Department of Agriculture.
Here is the first paragraph of this memorandum, which I absolutely swear I am not making up:
'This is to remind all personnel of the danger and inadvisability of engaging in activities commonly referred to as 'Horseplay.' A few examples of horseplay include, but are not limited to: throwing spleens, squirting water and flipping lymph nodes.''
In professional journalism, we have an old saying that we frequently say, which goes like this: ''You do not print a story about federal employees engaging in horseplay involving spleens or lymph nodes without making a sincere effort to get the other side.'' So I contacted the USDA's Western Region office, which is located -- and let this be a lesson to those who claim that the federal government is poorly managed -- in the West.
I spoke with Dr. Bruce Kaplan, a public affairs specialist, who explained that, ''on rare occasions,'' poultry and meat inspectors, as well as plant employees, will become bored and flip meat and poultry organs at each other.
(He did not specifically state that these were guys doing this, but some things go without saying.)
''In the poultry plants, they will flip spleens,'' explained Dr. Kaplan. ''In the red-meat plants, they will flip lymph nodes.''
Dr. Kaplan stressed that ''there is absolutely no danger in terms of food safety.'' The problem, he said, is the safety of plant workers: ''When they walk on the floor where these organs fall, they could slip.''
In hopes of making the public more aware of the potential danger, I asked Dr. Kaplan to describe a poultry spleen.
''These are little small spleens,'' he explained. ''They're tiny little slippery spleens.''
I think we can draw several conclusions from this story:
1. First and foremost, ''Slippery Spleens'' would be an excellent name for a rock band.
2. Although it has become fashionable to knock ''big government,'' we must not forget that, without the quick and decisive action by the USDA in the form of acting director Thompson's memorandum, the ordinary public, in the form of food-plant workers, would have no protection from the threat of slipping on organs flipped by USDA inspectors.
3. If the USDA ever has a shortage of inspectors, it should definitely consider recruiting members of Theta Delta Chi.
Baby Boomer Hit Parade!
1. Herman's Hermits--- Mrs. Brown, You've Got a Lovely Walker.
2. The Bee Gees--- How Can You Mend a Broken Hip.
3. Bobby Darin--- Splish, Splash, I Was Havin' a Flash.
4. Ringo Starr--- I Get By With a Little Help From Depends.
5. Roberta Flack--- The First Time Ever I Forgot Your Face.
6. Johnny Nash--- I Can't See Clearly Now.
7. Paul Simon--- Fifty Ways to Lose Your Liver .
8. The Commodores--- Once, Twice, Three Times to the Bathroom.
9. Marvin Gaye--- Heard It Through the Grape Nuts.
10. Procol Harem--- A Whiter Shade Of Hair.
11. Leo Sayer--- You Make Me Feel Like Napping.
12. The Temptations --- Papa's Got a Kidney Stone.
13. Abba--- Denture Queen.
14. Tony Orlando--- Knock 3 Times On The Ceiling If You Hear Me Fall.
15. Helen Reddy--- I Am Woman, Hear Me Snore.
16. Leslie Gore--- It's My Procedure, and I'll Cry If I Want To.
17. Willie Nelson--- On the Commode Again
I love lawyers
When the Godfather goes to confront the bookkeeper about his missing $10 million, he brings along his attorney, who knows sign language. The Godfather tells the lawyer "Ask him where the 10 million bucks he embezzled from me is."
The attorney, using sign language, asks the bookkeeper and the bookkeeper signs back: "I don't know what you are talking about."
The attorney tells the Godfather: "He says he doesn't know what you're talking about."
The Godfather pulls out a pistol, puts it to the bookkeeper 's temple and says, "Ask him again!"
The attorney signs to the bookkeeper: "He'll kill you if you don't tell him!"
The bookkeeper signs back: "OK! You win! The money is in a brown briefcase, buried behind the shed in my cousin Enzo's backyard in Queens!"
The Godfather asks the attorney: "Well, what'd he say?"
The attorney replies: "He says you don't have the guts to pull the trigger."
Monday, January 29, 2007
PC Gadget: "Do you know the time?"
You probably don't think much about your computer clock. But you rely on it more than you realize.
However, the Windows clock is a little ho-hum. Sure, it will show you a calendar when you double-click it. That’s about it, though.
If you want more power from your clock, download AlfaClock Classic. This free program gives you a handy boost.
You can customize the display of the clock. You can also set reminders – which is good for those who love to surf. It can even read you the time!
Urban Legends: "I Can't Believe It's Not Butter"
http://www.snopes.com/food/warnings/butter.asp
Urban Legends Reference Pages: Oil of Olé
Status: False.
Urban Legends Reference Pages: Canola Oil
Struggling to sleep?
SLEEP IS VERY important to the body. Not everyone needs the same amount of sleep. Even animals require different amounts of sleep. A giraffe sleeps an average of 1.9 hours a day, but a brown bat spends 19.9 hours a day asleep. Can you imagine spending 83 percent of your time asleep? We do spend up to one-third of our lives asleep, however; yet few of us spend all of our sleep time doing it well. Sixty million Americans suffer from insomnia, yet the FDA recommends using sleeping pills for only two weeks or less. What is the answer? Here are a few suggestions:
- Keep the stomach empty four hours before going to bed. When you eat, the stomach is not resting. Acid is being formed to digest food, and sometimes this acid reflexes back into the esophagus and causes problems
- Avoid stimulants. This may include caffeine, which can last up to 20 hours in the body. Also, Television can keep the mind revved up. Try to keep the mind relaxed. Read the Bible and pray before sleeping.
- Get more exercise. This will make you more tired.
- Keep the room dark. Darkness stimulates the production of melatonin from the pineal gland. This is the substance God made which helps us sleep naturally
- Laugh. This promotes endorphins, which counteract stress hormones and relax our muscles.
- Avoid anger. Ephesians 4:26 advises us, ''Do not let the sun go down on your wrath'' (NKJV).
Chili Judge
Recently I was honored to be selected as an Outstanding Famous Celebrity in my Community to be a judge at a chili cook-off because no one else wanted to do it. Also the original person called in sick at the last moment and I happened to be standing there at the judge's table asking directions to the beer wagon when the call came.
I was assured by the other two judges that the chili wouldn't be all that spicy, and besides they told me I could have free beer during the tasting, so I accepted this as being one of those burdens you endure when you're an Internet writer and therefore known and adored by all.
Here are the scorecards from the event:
Chili # 1: Mike's Maniac Mobster Monster Chili
- JUDGE ONE: A little too heavy on tomato. Amusing kick.
- JUDGE TWO: Nice, smooth tomato flavor Very mild.
- CAMERON: Holy smokes, what is this stuff? You could remove dried paint from your driveway with it. Took me two beers to put the flames out. Hope that's the worst one. These people are crazy.
Chili # 2: Arthur's Afterburner Chili
- JUDGE ONE: Smoky (barbecue?) with a hint of pork. Slight Jalapeno tang.
- JUDGE TWO: Exciting BBQ flavor, needs more peppers to be taken seriously.
- CAMERON: Keep this out of reach of children! I'm not sure what I am supposed to taste besides pain. I had to wave off two people who wanted to give me the Heimlich maneuver. Shoved my way to the front of the beer line. The barmaid looks like a professional wrestler after a bad night. She was so irritated over my gagging sounds that the snake tattoo under her eye started to twitch. She has arms like Popeye and a face like Winston Churchill. I will NOT pick a fight with her.
Chili # 3: Fred's Famous Burn Down the Barn Chili
- JUDGE ONE: Excellent firehouse chili! Great kick. Needs more beans.
- JUDGE TWO: A beanless chili, a bit salty, good use of red peppers.
- CAMERON: This has got to be a joke. Call the EPA, I've located a uranium spill. My nose feels like I have been sneezing Drano. Everyone knows the routine by now and got out of my way so I could make it to the beer wagon. Barmaid pounded me on the back; now my backbone is in the front part of my chest. She said her friends call her "Sally." Probably behind her back they call her "Forklift."
Chili # 4: Bubba's Black Magic
- JUDGE ONE: Black bean chili with almost no spice. Disappointing.
- JUDGE TWO: A hint of lime in the black beans. Good side dish for fish or other mild foods, not much of a chili.
- CAMERON: I felt something scraping across my tongue but was unable to taste it. Sally was standing behind me with fresh refills so I wouldn't have to dash over to see her. When she winked at me her snake sort of coiled and uncoiled—it's kinda cute.
Chili # 5: Linda's Legal Lip Remover
- JUDGE ONE: Meaty, strong chili. Cayenne peppers freshly ground adding considerable kick. Very impressive.
- JUDGE TWO: Chili using shredded beef; could use more tomato. Must admit the cayenne peppers make a strong statement.
- CAMERON: My ears are ringing and I can no longer focus my eyes. I belched and four people in front of me needed paramedics. The contestant seemed hurt when I told her that her chili had given me brain damage. Sally saved my tongue by pouring beer directly on it from a pitcher. Sort of irritates me that one of the other judges asked me to stop screaming.
Chili # 6: Vera's Very Vegetarian Variety
- JUDGE ONE: Thin yet bold vegetarian variety chili. Good balance of spice and peppers.
- JUDGE TWO: The best yet. Aggressive use of peppers, onions, and garlic. Superb.
- CAMERON: My intestines are now a straight pipe filled with gaseous flames. No one seems inclined to stand behind me except Sally. I asked if she wants to go dancing later.
Chili # 7: Susan's Screaming Sensation Chili
- JUDGE ONE: A mediocre chili with too much reliance on canned peppers.
- JUDGE TWO: Ho Hum, tastes as if the chef threw in canned chili peppers at the last moment. I should note that I am a bit worried about Judge Number 3, he appears to be in a bit of distress.
- CAMERON: You could put a hand grenade in my mouth and pull the pin and I wouldn't feel it. I've lost the sight in one eye and the world sounds like it is made of rushing water. My clothes are covered with chili which slid unnoticed out of my mouth at some point. Good, at autopsy they'll know what killed me. Go Sally, save yourself before it's too late. Tell our children I'm sorry I was not there to conceive them. I've decided to stop breathing, it's too painful and I'm not getting any oxygen anyway. If I need air I'll just let it in through the hole in my stomach. Call the X-Files people and tell them I've found a super nova on my tongue.
Chili # 8: Helen's Mount Saint Chili
- JUDGE ONE: This final entry is a good, balanced chili, neither mild nor hot. Sorry to see that most of it was lost when Judge Number 3 fell and pulled the chili pot on top of himself.
- JUDGE TWO: A perfect ending, this is a nice blend chili, safe for all, not too bold but spicy enough to declare its existence.
- CAMERON: Momma?
Why We Homeschool
Tuesday, January 23, 2007
Bosses behaving badly
The mind-boggling mishaps that took place in the executive - and hotel - suite."
101 Dumbest Moments in Business
Sunday, January 21, 2007
Sunrise in Seattle
Sunrise in Seattle
Originally uploaded by JetMan777.
Waking up in Bellevue WA before heading over the pass to Cle Elum
Airline pilot is stricken after takeoff, dies - CNN.com
Friday, January 19, 2007
Office Vocabulary
Seagull Manager - A manager who flies in, makes a lot of noise, messes up everything, and then leaves.
Blowing Your Buffer - Losing your train of thought.
Chainsaw Consultant - An outside expert brought in to reduce the employee headcount, leaving the brass with clean hands.
CLM (Career-Limiting Move) - Used among microserfs to describe ill-advised activity, e.g., trashing your boss while he or she is within earshot is a serious CLM.
Depotphobia - Fear associated with entering a Costco or Kmart because of how much money one might spend. Electronics geeks experience Shackophobia, Tandyagonia, or Circuit Cityatosis.
Adminisphere - The rarefied organizational layers beginning just above the rank and file. Decisions that fall from the Adminisphere are often profoundly inappropriate or irrelevant to the problems they were designed to solve.
Dilberted - To be exploited and oppressed by your boss. Derived from the experiences of Dilbert, the geek-in-a-cubicle comic strip character. "I've been dilberted again. The old man revised the specs for the fourth time this week."
Flight Risk - Used to describe employees who are suspected of planning to leave the company or department soon.
404 - Someone who's clueless. From the World Wide Web error message "404 Not Found," meaning that the requested document could not be located. "Don't bother asking him -- he's 404, man."
Generica - Features of the American landscape that are exactly the same no matter where one is, such as fast food joints, strip malls, or housing development subdivisions. Used as in "We were so lost in Generica that I forgot what city we were in."
GOOD ("Get-Out-Of-Debt") Job - A well-paying job people will take to pay off their debts, which they will quit as soon as they are solvent again.
Keyboard Plaque - The disgusting buildup of dirt and crud found on computer keyboards.
Ohnosecond - That minuscule fraction of time in which you realize that you've just made a BIG mistake.
Percussive Maintenance - The fine art of whacking the daylights out of an electronic device to get it to work again.
Prairie Dogging - When someone yells or drops something loudly in a "cube farm" (an office full of cubicles) and all the co-workers' heads pop up over the walls to see what's going on.
Telephone Number Salary - A salary (or project budget) that has seven digits.
Umfriend - A relationship of dubious standing or a concealed intimate relationship, as in "This is Dale, my...um...friend."
Yuppie Food Stamps - The ubiquitous $20 bills spewed out of ATMs everywhere. Often used when trying to split the bill after a meal: "We owe $8 each, but all anybody's got are yuppie food stamps."
Thursday, January 18, 2007
Buying a Computer for Vista ... and Beyond
"If most accounts are to be believed, Vista is a frightening monster that will place more demands on your hardware than any other operating system you've ever encountered. "
Windows Vista A to Z
Reviews, analyses, how-tos, hot issues and predictions about Microsoft's new OS
Telecommute. Kill a career?
China now may have ability to knock out U.S. GPS and spy satellites
• Chinese use a missile to ram and destroy an old, orbiting satellite
• Experts: China now may have ability to knock out U.S. GPS and spy satellites
• Washington issues formal diplomatic protest"
Joel Osteen Tops Most Influential Christians in America
Joel Osteen Tops Most Influential Christians in America
'Idol' tops itself again, sets record
• 'American Idol' premiere gets highest ratings in its history
• 37.3 million people watched 6th season opener
• Some fans disappointed by focus on poor performers"
Seating Maps & Reviews for 100 Airlines; Covers most Boeing and Airbus Airplanes
Your Official guide to airplane seat reviews, rating and in-flight services"
Part from plane bombards house
Microsoft to Offer Windows Vista Online - Forbes.com
A Day In The Life...
I'm going to look for my checks, but first I need to push the Coke aside so that I don't accidentally knock it over. I see that the Coke is getting warm, and I decide I should put it in the refrigerator to keep it cold. As I head toward the kitchen with the coke a vase of flowers on the counter catches my eye-- they need to be watered. I set the Coke down on the counter, and I discover my reading glasses that I've been searching for all morning.
I decide I better put them back on my desk, but first I'm going to water the flowers. I set the glasses back down on the counter, fill a container with water and suddenly I spot the TV remote.
Someone left it on the kitchen table. I realize that tonight when we go to watch TV, we will be looking for the remote, but nobody will remember that it's on the kitchen table. So I decide to put it back in the den where it belongs, but first I'll water the flowers.
I splash some water on the flowers, but most of it spills on the floor. So, I set the remote back down on the table, get some towels and wipe up the spill. Then I head down the hall trying to remember what I was planning to do.
At the end of the day: the car isn't washed, the bills aren't paid, there is a warm can of Coke sitting on the counter, the flowers aren't watered, there is still only one check in my check book, I can't find the remote, I can't find my glasses, and I don't remember what I did with the car keys.
Then when I try to figure out why nothing got done today, I'm really baffled because I know I was busy all day long, and I'm really tired. I realize this is a serious problem, and I'll try to get some help for it, but first I'll check my e-mail.
"Executive Function" Self-Test
1. How do you put a giraffe into a refrigerator?
The correct answer is: Open the refrigerator, insert the giraffe, and close the door.
This question tested whether you tend to do simple things in an overly complicated way.
Did you say, "Open the refrigerator, put in the elephant, and close the door?" Wrong answer.
Correct Answer: Open the refrigerator, take out the giraffe, put in the elephant and close the door.
Correct Answer: The elephant. The elephant is in the refrigerator. You just put him in there.
This tested your memory.
OK, even if you didn't answer the first three questions correctly, you still have one more chance to show your true abilities:
4. There is a river you must cross but it is inhabited by crocodiles. How do you manage it?
Correct Answer: You swim across. All the crocodiles are attending the Animal Meeting.
This tested whether you learn quickly from your mistakes.
According to Accenture Consulting Worldwide, around 90% of the professionals they tested got all questions wrong. But many preschoolers got several correct answers. Accenture Consulting says this conclusively disproves the theory that most professionals have the brains of a four-year-old.
What's It Like To Have Add?
What is it like to have ADD? What is the feel of the syndrome? I have a short talk that I often give to groups as an introduction to the subjective experience of ADD and what it is like to live with it:
Attention Deficit Disorder. First of all I resent the term. As far as I'm concerned most people have Attention Surplus Disorder. I mean, life being what it is, who can pay attention to anything for very long? Is it really a sign of mental health to be able to balance your checkbook, sit still in your chair, and never speak out of turn? As far as I can see, many people who don't have ADD are charter members of the Congenitally Boring.
But anyway, be that as it may, there is this syndrome called ADD or ADHD, depending on what book you read. So what's it like to have ADD? Some people say the so-called syndrome doesn't even exist, but believe me, it does. Many metaphors come to mind to describe it. It's like driving in the rain with bad windshield wipers. Everything is smudged and blurred and you're speeding along, and it's reeeeally frustrating not being able to see very well. Or it's like listening to a radio station with a lot of static and you have to strain to hear what's going on. Or, it's like trying to build a house of cards in a dust storm. You have to build a structure to protect yourself from the wind before you can even start on the cards.
In other ways it's like being super-charged all the time. You get one idea and you have to act on it, and then, what do you know, but you've got another idea before you've finished up with the first one, and so you go for that one, but of course a third idea intercepts the second, and you just have to follow that one, and pretty soon people are calling you disorganized and impulsive and all sorts of impolite words that miss the point completely. Because you're trying really hard. It's just that you have all these invisible vectors pulling you this way and that which makes it really hard to stay on task.
Plus which, you're spilling over all the time. You're drumming your fingers, tapping your feet, humming a song, whistling, looking here, looking there, scratching, stretching, doodling, and people think you're not paying attention or that you're not interested, but all you're doing is spilling over so that you can pay attention. I can pay a lot better attention when I'm taking a walk or listening to music or even when I'm in a crowded, noisy room than when I'm still and surrounded by silence. God save me from the reading rooms. Have you ever been into the one in Widener Library? The only thing that saves it is that so many of the people who use it have ADD that there's a constant soothing bustle.
What is it like to have ADD? Buzzing. Being here and there and everywhere. Someone once said, "Time is the thing that keeps everything from happening all at once." Time parcels moments out into separate bits so that we can do one thing at a time. In ADD, this does not happen. In ADD, time collapses. Time becomes a black hole. To the person with ADD it feels as if everything is happening all at once. This creates a sense of inner turmoil or even panic. The individual loses perspective and the ability to prioritize. He or she is always on the go, trying to keep the world from caving in on top.
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Museums. (Have you noticed how I skip around? That's part of the deal. I change channels a lot. And radio stations. Drives my wife nuts. "Can't we listen to just one song all the way through?") Anyway, museums. The way I go through a museum is the way some people go through Filene's basement. Some of this, some of that, oh, this one looks nice, but what about that rack over there? Gotta hurry, gotta run. It's not that I don't like art. I love art. But my way of loving it makes most people think I'm a real Philistine. On the other hand, sometimes I can sit and look at one painting for a long while. I'll get into the world of the painting and buzz around in there until I forget about everything else. In these moments I, like most people with ADD, can hyperfocus, which gives the lie to the notion that we can never pay attention. Sometimes we have turbocharged focusing abilities. It just depends upon the situation.
Lines. I'm almost incapable of waiting in lines. I just can't wait, you see. That's the hell of it. Impulse leads to action. I'm very short on what you might call the intermediate reflective step between impulse and action. That's why I, like so many people with ADD, lack tact. Tact is entirely dependent on the ability to consider one's words before uttering them. We ADD types don't do this so well. I remember in the fifth grade I noticed my math teacher's hair in a new style and blurted out, "Mr. Cook, is that a toupee you're wearing?" I got kicked out of class. I've since learned how to say these inappropriate things in such a way or at such a time that they can in fact be helpful. But it has taken time. That's the thing about ADD. It takes a lot of adapting to get on in life. But it certainly can be done, and be done very well.
As you might imagine, intimacy can be a problem if you've got to be constantly changing the subject, pacing, scratching and blurting out tactless remarks. My wife has learned not to take my tuning out personally, and she says that when I'm there, I'm really there. At first, when we met, she thought I was some kind of nut, as I would bolt out of restaurants at the end of meals or disappear to another planet during a conversation. Now she has grown accustomed to my sudden coming and goings.
Wednesday, January 17, 2007
IKEA - Commerical Tries to Rewrite American Values
Many of you have written about the IKEA furniture commercial. Although IKEA is not a nationally known company, they are growing, with stores in most major U.S. cities. IKEA is a Sweden-based retail furniture company and they are trying to force their liberal worldview on Americans through television.
Their latest U.S.-aired commercial features a homosexual male couple and young female child on the floor, resting up against each other, as they lean on the front of their couch. The voiceover poses the question: 'Why shouldn't sofas come in flavors, just like families?'
This is just one of many pro-homosexual ads IKEA airs around the world.
Please let IKEA know that the promotion of homosexual couples as a 'family' is offensive and undermines American values.
Send Your Letter Now!"
Airline Cabin Announcements
1. On a Southwest flight 245 (SW has no assigned seating, you just sit where you want) passengers were apparently having a hard time choosing, when a flight attendant announced, "People, people we're not picking out furniture here, find a seat and get in it!"
2. On a Continental Flight with a very "senior" flight attendant crew, the pilot said, "Ladies and gentlemen, we've reached cruising altitude and will be turning down the cabin lights. This is for your comfort and to enhance the appearance of your flight attendants."
3. On landing, the stewardess said, "Please be sure to take all of your belongings. If you're going to leave anything, please make sure it's something we'd like to have.
4. "There may be 50 ways to leave your lover, but there are only 4 ways out of this airplane"
5. "Thank you for flying Delta Business Express. We hope you enjoyed giving us the business as much as we enjoyed taking you for a ride."
6. As the plane landed and was coming to a stop at Ronald Reagan, a lone voice came over the loudspeaker: "Whoa, big fella, WHOA!"
7. After a particularly rough landing during thunderstorms in Memphis, a flight attendant on a Northwest flight announced, "Please take care when opening the overhead compartments because, after a landing like that, sure as hell everything has shifted."
8. >From a Southwest Airlines employee: "Welcome aboard Southwest Flight 245 to Tampa .. To operate your seat belt, insert the metal tab into the buckle, and pull tight. It works just like every other seat belt; and, if you don't know how to operate one, you probably shouldn't be out in public unsupervised."
9. "In the event of a sudden loss of cabin pressure, masks will descend from the ceiling. Stop screaming, grab the mask, and pull it over your face. If you have a small child traveling with you, secure your mask before assisting with theirs. If you are traveling with more than one small child, pick your favorite."
10. "Weather at our destination is 50 degrees with some broken clouds, but we'll try to have them fixed before we arrive. Thank you, and remember, nobody loves you, or your money, more than Southwest Airlines."
11. "Your seat cushions can be used for flotation; and, in the event of an emergency water landing, please paddle to shore and take them with our compliments."
12. "As you exit the plane, make sure to gather all of your belongings. Anything left behind will be distributed evenly among the flight attendants. Please do not leave children or spouses."
13. And from the pilot during his welcome message: "Delta Airlines is pleased to have some of the best flight attendants in the industry. Unfortunately, none of them are on this flight!"
14. Heard on Southwest Airlines just after a very hard landing in Salt Lake City the flight attendant came on the intercom and said, "That was quite a bump, and I know what y'all are thinking. I'm here to tell you it wasn't the airline's fault, it wasn't the pilot's fault, it wasn't the flight attendant's fault, it was the asphalt."
15. Overheard on an American Airlines flight into Amarillo, Texas, on a particularly windy and bumpy day: During the final approach, the Captain was really having to fight it. After an extremely hard landing, the Flight Attendant said, "Ladies and Gentlemen, welcome to Amarillo . Please remain in your seats with your seat belts fastened while the Captain taxis what's left of our airplane to the gate!"
16. Another flight attendant's comment on a less than perfect landing: "We ask you to please remain seated as Captain Kangaroo bounces us to the terminal."
17. An airline pilot wrote that on this particular flight he had hammered his ship into the runway really hard. The airline had a policy which required the first officer to stand at the door while the Passengers exited, smile, and give them a "Thanks for flying our airline." He said that, in light of his bad landing, he had a hard time looking the passengers in the eye, thinking that so someone would have a smart comment. Finally everyone had gotten off except for a little old lady walking with a cane. She said, "Sir, do you mind if I ask you a question?" "Why, no, Ma'am," said the pilot. "What is it?" The little old lady said, "Did we land, or were we shot down?"
18. After a real crusher of a landing in Phoenix, the attendant came on with, "Ladies and Gentlemen, please remain in your seats until Capt. Crash and the Crew have brought the aircraft to a screeching halt against the gate. And, once the tire smoke has cleared and the warning bells are silenced, we'll open the door and you can pick your way through the wreckage to the terminal."
19. Part of a flight attendant's arrival announcement: "We'd like to thank you folks for flying with us today. And, the next time you get the insane urge to go blasting through the skies in a pressurized metal tube, we hope you'll think of US Airways."
20. Heard on a Southwest Airline flight. "Ladies and gentlemen, if you wish to smoke, the smoking section on this airplane is on the wing and if you can light 'em, you can smoke 'em."
21. A plane was taking off from Kennedy Airport . After it reached a comfortable cruising altitude, the captain made an announcement over the intercom, "Ladies and gentlemen, this is your captain speaking. Welcome to Flight Number 293, nonstop from New York to Los Angeles . The weather ahead is good and, therefore, we should have a smooth and uneventful flight. Now sit back and relax.. OH, MY GOD!" Silence followed, and after a few minutes, the captain came back on the intercom and said, "Ladies and Gentlemen, I am so sorry if I scared you earlier. While I was talking to you, the flight attendant accidentally spilled a cup of hot coffee in my lap. You should see the front of my pants!" A passenger in Coach yelled, "That's nothing. You should see the back of mine."
Creating Your Own Personal Financial Plan
A question we've heard countless times over the years is "What's the most common mistake people make when managing their finances?" Our answer: making spending and investment decisions apart from a personalized financial plan. No matter how good your investing choices are, if they're made outside the framework of a larger plan, you're inviting trouble.
Imagine that you're preparing to build your dream home. Over the years, you've accumulated scores of ideas that you'd like to see incorporated into it. Before construction begins, you sit down with your builder to review your design goals. You ask him how long before the blueprints will be ready, but to your surprise, he tells you he doesn't work that way. Rather than planning everything ahead of time, he prefers to develop the design as he goes along. He'll keep your ideas in mind, but "blueprints are so restricting," he says-he wants to have the freedom to be spontaneously creative as the house is being built.
Most of us would be reluctant to hire a builder like that! When building a house, we recognize it's a good thing to have a carefully considered blueprint for action before taking on a challenging task. In fact, the more important the project (e.g., having open heart surgery), the more emphasis we place on careful planning.
Unfortunately, too many people use the "we'll work out the details as we go along" approach when it comes to one of the most important projects they'll ever take on-building a secure financial future. Yet, in much the same way that we live in a physical home, we each "live" in a financial home as well, one that has been created by our past decisions. Just as our dream house could end up poorly designed due to a lack of planning, many people reach retirement and find their financial home isn't what they've always hoped for. That's usually what results from a lifetime of making financial decisions independent of a master blueprint. The good news is this doesn't have to happen to you. Get 2007 off to a good start by setting aside time this month to create a personalized financial plan that's designed to build the kind of future financial home you'll enjoy living in.
In a moment, we'll look at typical planning situations for people at three various stages of life. But before we do, let's examine two basics common to every financial plan. The first is the necessity of developing a clearly defined set of God-given goals. Clearly defined goals establish your financial priorities. In his book, Storm Shelter, Ron Blue lists the following five steps for setting good goals: List your goals, consolidate and refine them, prioritize them, make them measurable, and keep them visible. The monthly surplus established by your budget (which I'll get to in a moment) is the wind in your sails, but your goals are the compass you navigate with. Set good goals and keep them in front of you-you'll be surprised at how much more productive and focused you'll feel as you start living with a clearer purpose.
The second common denominator of all good financial plans is a spending plan (i.e., budget). You may not like it, but it's an absolutely essential tool for everyone who hasn't yet received a seven figure inheritance. Without a spending plan, you can't intelligently implement saving and investing strategies because you don't know if you have any extra money to save or invest.
Even if you seem to have extra money left over each month, without a budget you won't know if that money should be saved for those once-a-year items (such as insurance premiums and summer vacations) or if it truly represents a surplus. Also, it's unlikely you'll be in a position to give generously to God's work if you don't plan for it.
As you work through your goal-setting and spending plan, remember that this is a spiritual endeavor, not merely a mental one. Your personal financial goals and budget will reflect how you view and use money. Since, as Christians, we are managers rather than owners, it's vital that you allow God to speak to you regarding your plans for His money. Married couples should absolutely make these planning decisions together, not just because it ensures "buy-in" from both parties, but because it establishes you as a team rather than opponents. One-half of marriages end in divorce, and 80% of those are due, in part, to money problems. Jointly establishing a financial plan may have farther reaching implications than you think.
While there are no "one-size-fits-all" financial plans, certain experiences are common to particular phases of life. As you read the following scenarios, don't get discouraged if you feel "behind." The point is not to provide benchmarks of how far along you should be, but rather to provide guardrails to keep you on track and to help you think through issues common to each phase. Your situation will probably differ somewhat from what's here, so make sure to personalize these to your individual circumstances.
The Young Person/Couple
For many young people these days, youth translates financially into "easy credit and lots of debt." More than likely, the first decade out of school is spent paying off school loans, car loans, and credit card bills. Outfitting an apartment or first home can really pack on the debt, especially if you aren't following a spending plan in those early years. Throw in trying to save for a wedding, the down payment on a first home, building a savings reserve, and paying for the arrival and growing up of your little bundle(s) of joy. And just about the time your education is paid off, it's time to start saving for college for the kids.
Sound bleak? It doesn't have to be. Unfortunately, many young couples waste the most productive financial years they'll have for a while: those early marriage years when both spouses are likely working and there are no kids in the picture yet. This is a golden opportunity to make serious headway financially, but all too often it isn't seized due to lack of planning (and because there's so much fun stuff to buy!). The sense of urgency that arrives with those two exciting words-"I'm pregnant"- often comes too late. Here's what's needed:
1. Make a budget, relying on your current spending to establish realistic initial estimates in each category. Usually this requires a period of tracking your expenses carefully to ensure your budget is using realistic figures. Establish your short and medium term financial goals. Then look at your budget again. Does your available surplus put you in position to realize your goals? If not, it's not unusual to go through several rounds of belt-tightening before finally settling on a workable budget. Consider these to be normal growing pains-chances are, it's your first experience setting and living on a serious budget.
2. Attack your debt, while avoiding further debt. This is tougher than it sounds, since most young people have yet to establish a savings reserve from which to absorb unexpected expenses. Couples considering having children are wise to attempt budgeting all living expenses from one income, while applying the other entirely to debt reduction and saving. Sure that may reduce the money you have for "fun stuff" now, but you'll sure appreciate the flexibility later when your expenses soar and income potentially drops in half.
List all of your debts, including balances and interest rates. There are two main debt-payment strategies to choose between. If you are highly disciplined, you will save the most money in interest expense by paying off your highest interest rate debts first. But a more motivating strategy for many is the "debt snowball" approach, in which you pay off the debt with the lowest balance first, then the next lowest, and so forth. Don't underestimate the value of this psychologically; if seeing your debts fall one after another keeps you motivated, it's worth paying a little extra interest.
3. Start building your emergency fund by opening a money market account and having money automatically deposited into it each month. For most people, it's a good idea to start saving a small amount even before they've finished paying off their debt. Some of this depends on the interest rate of your loans, but having a small savings account will help keep you from slipping back to your credit cards when unexpected expenses arise. A savings account balance of three to six months living expenses is routinely recommended by financial planners. That may seem like a lot, but you'll have plenty of use for it if buying a house or having children are on the horizon.
4. Take advantage of free money at work by contributing to your retirement plan up to the amount your company matches. This is slightly controversial if you are in a deep debt hole, in which case you should skip this step for now. But if your debt is manageable, meaning you have a clear plan to pay it off reasonably soon, take advantage of employer matching in your 401(k) or other retirement plan if it's available. Beyond the amount matched, additional contributions take a lower priority.
5. Fund a Roth IRA. A Roth IRA, funded in your twenties or thirties, is an incredible deal. You'll get 30+ years of compound growth, then get to take that money out tax-free! Roths can also double as college savings accounts, or even last-resort emergency savings vehicles. Because they are so potent yet flexible, you should make a serious effort to start funneling money into one as soon as you get your debt under control and emergency savings up to a reasonable level.
5. Choose your investing strategy. Whether you're investing at work or in a Roth IRA, you need a clearly-defined strategy. Sound Mind Investing offers two primary strategies to follow: Just-the-Basics, and Upgrading. Both are founded on core principles that should be a part of any investing plan, and each can be adapted to your situation.
Once you get your long-term strategy up and running, continue to follow it no matter what the markets may be doing. In other words, don't let current events (and the emotions surrounding them) interrupt your monthly contributions.
6. Start a college savings account. If you already have a child, the clock is ticking on their education saving. There is definitely a right way and a wrong way to do this, so educate yourself. It's easier than it seems: use a Roth IRA, Section 529 plan and/or Coverdell Education Account (formerly known as Ed IRAs). Avoid the old tools you've heard about: EE bonds, custodial accounts, and so on. And don't buy into the idea that you need to save a gazillion dollars for college either. Worst case, there will likely be loans or part-time jobs available to make sure Junior can still go to college. Don't be paralyzed by the huge numbers you read about; just start saving what you can.
The Middle-Age Couple
As bittersweet as having the kids leave home may be, for most couples it marks a financial turning point from peak spending years to peak saving years. Coinciding with the decline in child-related expenses are the highest earning years for most workers, and in some rare cases, paying off the mortgage. At any rate, there's probably more surplus money available now than ever before, and it's a good thing. The day-to-day expenses of child-rearing have likely left you feeling a little behind regarding your retirement plan. It's catch-up time now. Your priority list includes:
1. Revise your budget to reflect your new level of income and expenses. This budget revision should be an annual event anyway, but I'll include it in case you haven't adjusted your budget in a while. Take a new look at your short and medium term goals as well. It's getting down to crunch time, so if you're serious about meeting those goals, you don't have as much of a time cushion as you once did. Use that as motivation rather than letting it discourage you.
2. Take a financial inventory of your household. What debt do you have outstanding? What needs are coming up-additional school payments, cars that need replacing, home repairs you've put off? At this stage of life, debt should be pared back to bare minimums. If you haven't already done so, pay off those credit card balances, car loans, and other consumer debts. You likely have the cash flow now that you can eliminate or reduce interest expense on big-ticket items, like car purchases, through advance planning and saving. If it's not there yet, build your emergency saving account balance up to where it should be.
3. Get realistic estimates of how much money you'll need to retire. SMI's "Counting Down to a Financially Secure Retirement" worksheets can help you with this task, as can many of the good calculators available at other financial websites. Having specific figures in mind will help motivate you if you need to start saving more, or potentially keep you off the austerity budget if you're doing better than you thought.
4. Review your investing strategy. For many people, this will have already happened years ago as a result of managing retirement plan money at work or IRAs they've established. But how you divide your money between stocks and bonds (which affects your risk level) changes as you move closer to retirement, so it's important to make sure your allocations are still appropriate. See point #5 for young couples for more on this.
5. Maximize your retirement plan at work. Your 401(k) or other retirement plan at work probably represents your best opportunity to quickly save large amounts for retirement. The tax advantages of such an account, which usually include pre-tax contributions, coupled with employer matching or other contributions, make it tough to beat. This isn't true in every case though, so investigate the details of your plan, as well as the investment options offered within it. Most 401(k) plans will allow you to save as much as $15,500 in 2007, and an additional $5,000 if you're at least 50 years old.
6. Take advantage of IRA opportunities. If you're married and your gross income is over $103,000, you probably won't gain an immediate tax benefit from contributing to an IRA. But that doesn't mean it's not worth doing so anyway. Or you may qualify for a Roth IRA, which can provide years of valuable tax-free growth. Remember, your time horizon isn't just until you retire, it's through your retirement, which these days often extends 20-30 years. So if you've maxed out your retirement plans at work, definitely consider an IRA. For 2007, the maximum investment amount is $4,000, and if you're at least 50 years old you can add an additional $1,000 per year.
The Retirement Couple
The big day has finally arrived! Freedom! But with the freedom from your job comes the unsettling loss of that familiar friend: the regular paycheck. That loss of steady income makes many retirees feel like they're at the mercy of the financial markets to a much greater extent than they prefer. Don't panic, you can have peace of mind despite this adjustment. But it's definitely time to make sure your personal financial plan reflects these major changes. Here are the key points:
1. Decide whether to take your company retirement plan money in a lump sum or an annuity. This is an extremely important decision and should be made with great care. If you'll be making this decision soon, schedule an appointment with a CPA or financial planner to talk about which is a better option for you.
2. Re-create your budget to reflect the realities of your retirement income. This doesn't just mean the changing amounts; it means the change in the timing of these payments as well. Match your living expenses to the amount and timing of your income, obviously remembering to include things such as social security income, pension benefits you receive, and so on.
3. Determine your strategy for withdrawing money from your retirement plans. This is a major decision, one you should make with a firm grasp of your income needs (from your newly revised budget). Let's review a few popular options:
- Taking a fixed amount out at regular intervals is simple enough, but it exposes you to market declines and increases your risk of outliving your money more than other methods.
- A slight variation involves taking out a fixed percentage at regular intervals. This improves your odds of not outliving your money, as you take less out if your account balance declines. As long as you are still able to meet your expenses, this can work well.
- Another option that greatly insulates you from market fluctuations is to set aside 3-5 years of living expenses in a money market fund account, and pay all current expenses from that account rather than your investments. History shows that over five-year periods, the stock market has made money an overwhelming percentage of the time. This is a good way to extend your time horizon, allowing you to be slightly more aggressive in your asset allocation, by insuring that you won't be taking money out of your plan disproportionately during down markets.
4. Consider the implications of which accounts you withdraw from when. Traditional IRAs, including IRAs you may have rolled over from your company retirement plan, have mandatory distribution rules that require you to start withdrawing from these accounts at age 70½. Roth IRAs, by contrast, have no mandatory distribution rules, and in fact, get favorable treatment should you die and leave them to your heirs. While this decision requires some individualized number crunching and thought, taking money out of your traditional IRAs rather than your Roth IRAs early in retirement will generally leave you with more flexibility in your later years than vice versa (due to the smaller mandatory distributions you'll incur).
An even more aggressive way to leverage this difference in the IRA rules is to consider delaying the start of your Social Security benefits initially when you retire. You'll have an extremely low taxable income as a result, which you can use to your advantage by converting chunks of your Traditional IRA into a Roth at rock-bottom tax rates. Having more Roth and less Traditional IRA assets will increase the flexibility of your future withdrawals, perhaps lower the overall tax rate paid on those IRA assets, and boost the amount of your monthly Social Security payments once they do begin. This sort of maneuver is complex enough that it's likely wise to enlist the help of a good CPA to evaluate its effectiveness in your specific situation.
5. Reconsider your asset allocation and risk threshold. Retirement is a time to reduce risk, taking only as much as is necessary to meet your financial needs. Even if you've been an "all stocks, all the time" investor throughout your life, it's foolish to take that added risk if you can live comfortably on the income provided from less aggressive investments. So look closely at what your specific income needs are, and throttle down your risk if you're able. The new SMI Managed Volatility Fund may be a useful tool for the stock allocation of those at this stage, since it attempts to offer some downside protection while still pursuing the Upgrading strategy.
Conclusion
I've merely touched on some of the most important aspects of creating your personal financial plan: identifying your season of life and risk temperament, determining your ideal asset allocation, applying our model portfolios, and so on. But all of this information is explained in detail in our bonus reports for new readers: the SMI New Reader Guide, and Jumpstart to Successful Investing.
While these lists aren't comprehensive, they do highlight key items to address in your personal financial plan at each stage of life. Ultimately, your financial priorities and plan of attack can only be decided by one person, and that's you. But having a step-by-step financial plan can help you stay on track when the inevitable financial temptations grab your eye.
Your goals are worth sacrificing to achieve, and taking the time to establish a comprehensive plan is the first step. This year, replace your good intentions with action by creating-and faithfully following-a personal financial plan. When it comes time to move into the financial home you've built for yourself, you'll be glad you did.
© Sound Mind Investing
Published since 1990, Sound Mind Investing is America's best-selling financial newsletter written from a biblical perspective. Visit the Sound Mind Investing website.
Texas shut down 300 miles of I-10 Tuesday
• Death toll of 54 across nine states, with 20 in Oklahoma
• Some 320,000 homes and businesses still without electricity
• Forecasters say more freezing temperatures on the way
Storm leaves 54 dead, thousands shivering - CNN.com
Tuesday, January 16, 2007
How many Starbucks is too many?
Fact: If you stand on the corner of Regent Street and Wigmore Street in central London, you are within five miles of 164 branches of Starbucks.
You can calculate your personal "Starbucks density" on the company's website (Starbucks.com/locator).
A serious case of caffeine overdose | The Guardian | Guardian Unlimited
Monday, January 15, 2007
New Christian Computer Company in Houston! "Golden Technical Services"
Sites rent jets
READ ARTICLE HERE:
New Web sites offer private flights - International Herald Tribune
Investing 101
Today's Cool Site...
Not everybody can be Warren Buffett. But we'd all like to get as much out of our investments as possible.
Successful investments aren't a result of luck. They're a matter of wise choices based on knowledge.
With a little education, you can improve your investment performance. That may sound daunting. But you can get a great start on Morningstar's site.
You'll find more than 170 lessons on stocks, bonds, funds and strategy.
The lessons are free. But register to track your progress. You'll earn points for taking quizzes. You can trade the points for gifts.
TO VISIT TODAY'S COOL SITE, GO HERE:
www.morningstar.com
Sunday, January 14, 2007
10 ways you mindlessly waste money - MSN Money
Silently, secretly, your money disappears under some hideous voodoo spell, right? No way. Take a look at some ways you're flushing your cash down the loo -- and what you can do about it.
READ THE ARTICLE:
10 ways you mindlessly waste money - MSN Money
A simpler way to save: the 60% solution
How many of you have tried budgeting and think it's a waste of time? Come on, let's see those hands.
OK, that's just about everybody.
I've kept a budget of one kind or another, first on paper and then with the help of various software programs, for about 20 years -- despite a strong suspicion that I was wasting my time. The illusion of control, I argued to myself, was better than none at all.
My approach to budgeting was to carefully track my spending during the month and to adjust my budget targets up and down in each category, so that my total expenses never exceeded my income.
Useful? Sometimes.
Anal-compulsive? Probably.
READ THE ARTICLE:
A simpler way to save: the 60% solution - MSN Money
Start with saving; the spending will follow - "The 60% Solution"
It's part budget and part financial philosophy, and it works like this:
* Keep your monthly committed expenses, including taxes, to about 60% of your gross income.
* Save 10% for retirement and 10% for long-term expenses, such as a down payment, new car, major home repair or other big, infrequent purchase.
* Set aside an additional 10% for smaller, irregular expenses, such as a new appliance, minor home and car repairs, or a new battery for your laptop.
* Use the 10% left over for wild, crazy parties (or anything else that strikes your fancy).
The beauty of this system, in theory, is that it covers spending AND saving. But the trouble is, everyone in the group got stressed out about the idea of trying to pare down monthly spending commitments to 60%. That's not surprising, given that some of us were, until recently, spending more than 100% of our incomes and racking up debt.
READ THE ARTICLE:
Start with saving; the spending will follow - MSN Money


