Waste

How is high school athletics related to education? As a taxpayer, I resent the fact that I must pay extra taxes so that a student can participate in an extracurricular activity. In the central Florida area, every high school has a large stadium for football games, track facilities, top notch weight rooms, gymnastics, and many other pieces of expensive equipment that are designed to enable students to enjoy activities that are completely unrelated to what should be the goal of schools: education.

I know that there are many parents out there will claim that participation in sports is important, and that many life lessons are learned through sports. OK, then: Why is it necessary for the education of children to transport an entire football team, cheerleaders, coaching staff, and marching band of a public high school from Colorado to Florida at taxpayer expense?  Not only that, but the same night, another high school team flew from California to play in a Florida football game. The children couldn’t play at one single school between here and Colorado? Here and California? Is this really a wise use of taxpayer money?

Florida doesn’t have enough money to fund emergency services or repair roads, but we have enough to fly hundreds of children to Disney’s backyard to play a game?

Admissions meeting

I am flying 1,200 miles to see the admissions committee of a college, so that I can attend Physician Assistant school. I hope to get in, because I think that I am ready to move on from EMS. I still love patient care, and I enjoy what I do.

The problem is that I no longer enjoy the setting. It began when a rash of poor care by fellow paramedics was being actively covered up by my administration. It culminated in my mother being one of the patients who were shortchanged. This planted the seeds of discontent. Now I understand that no profession is immune. I have worked with plenty of nurses and doctors who screw up just as badly, and private ambulance companies are no better, been there, done that. I was willing to suffer through things, since I couldn’t see anywhere or any job where bad employees were not tolerated and protected. I sucked it up.

Until recently, when the public began jumping on the “cushy” pay for firefighters, and the “public employees are evil” bandwagon. I am tired of being spit on and underpaid. It is time to go.

That’s right- underpaid. Starting pay for a firefighter/paramedic is $13.77 an hour. After two promotions and 15 years with the same department, I make $19.23 an hour. I began working a part time second job as a paramedic in a local theme park less than six months ago, and we only perform BLS procedures. Starting pay for a medic with no experience is $16.50 an hour, and $17.50 an hour if you have two or more years of experience. The health plan is better, the hours are better, and the working conditions easier.

So, I am trying to get into school to get my master’s degree. Like me, many firefighters are leaving the profession. Out of the 100 men and women in my department, we have lost 9 in the past year:
1 now drives an ice cream delivery truck
1 left to return to college
2 have left to be nurses
2 left to be firefighters in other states
1 is now a radio DJ
2 retired, and I have no idea where they are now

I also know that one just tested for a department in Colorado, one tested in Arizona, and three have notified the department that they will be retiring between now and June. And now me. If all goes well, I will be leaving by December.

Gold experts and inflation

Gold tops $1900 an announce, and the experts are all claiming that it is overbought, and that the bubble will soon burst.

That is the same thing that the experts said in June, when gold was at $1500 an ounce.
– and October of 2010, when gold was $1380 an ounce.
– and March, 2010, when gold was at $1200 an ounce.
– and December of 2009, when gold was passing $1100 an ounce.
– and in December of 2005, when gold was $520 an ounce.

The secret here is that the world’s governments and private citizens alike are coming to the realization that the US Government cannot stop spending money, and are moving away from using the dollar as the reserve currency for the world. This is injecting large amounts of dollars into the world’s markets, and making the dollar worth less. This is causing a massive devaluation of the dollar. This isn’t the first time that a country has spent itself into financial ruin. Zimbabwe, the Soviets, and the Germans have all done it during the last century.

Our politicians don’t care, because both parties need your money to buy your vote. They are spending us into ruin. Don’t be caught holding dollars when the end comes, or you will need them to heat your home, like this woman is doing in 1923 Germany, because bank notes are cheaper than coal.

Price of 1 ounce of gold (in German Marks):

January,1919………. 170
September,1919……. 499
January, 1920………. 1,340
September, 1920……. 1,201
January, 1921………. 1,349
September, 1921…….2,175
January, 1922……….3,976
September, 1922…….30,381
January, 1923……….372,477
September, 1923…….269,439,000 (that’s right- from 4 thousand to 270 million in a year and a half)
Oct. 2, 1923………….6,631,749,000
Oct. 9, 1923………….24,868,950,000
Oct. 16, 1923…………84,969,072,000
Oct. 23, 1923…………1,160,552,882,000 (over 1 trillion)
Oct. 30, 1923…………1,347,070,000,000
Nov. 5, 1923…………..8,700,000,000,000
Nov. 30, 1923…………87,000,000,000,000 (almost 80 trillion increase in one month)

Do you see how the problem escalates? This is where we are headed. Scary stuff.

Pay and skill

I work at a major theme park. This theme park recently had a turnover problem- that is, a number of employees were leaving for other paramedic positions that paid more money. To solve the problem, they raised starting paramedic pay to $17.50 an hour- a raise of $3.75 an hour. The medics who had been there for more than a few years are livid. They are claiming that they ‘deserve’ more because they have been there longer.

The American public believes that public employees are overpaid. They complain about what the public employees ‘deserve’ and claim that, since the economy is bad, that public employees should be paid less.

Both positions show a complete lack of understanding of basic economics. The law of supply and demand dictates what an employee makes. The market sets the price of labor. If you, as an employer, pay too little, your employees will leave. The ones that are available to replace them will be of lower quality. That is, the employee is selling a product: his labor. The price of that product is set by the market. Wages are a balance between the supply of people that are capable of providing the labor, and the number of people who are needed to perform that labor.

Numerous things can lower wages. If just anyone can provide that product, then the price (pay) will be low. A good example of this is greeter at WalMart. This position requires a skill set that nearly anyone can master, so the wages for that position are low. The other factor that can have negative effects on wages is the demand for that particular skill. You may be a master of 14th century French poetry, but there is no market for 14th century French poetry, so you will likely become a greeter at WalMart, that being your only other marketable skill.

Conversely, wages can also be driven in the opposite direction. If you bring a skill set to the table that not many people have, you can “auction” off those skills to the highest bidder.

This is the point that many miss. If you think that you are more valuable simply because you have been at a job for a long time, you are wrong. You become more valuable with longevity because you have (presumably) become more adept at the job you are being tasked with as the years went by. Eventually, though, the job is mastered, and your value becomes capped at a certain level. In order to demand more pay, the employee must accomplish two things: he must gain more skill, and must ensure that the skill gained is one that the employer needs. Just like any other product. It is up to you as to whether or not it is worth the effort to improve your product (yourself) for the additional pay.

And to employers: remember that, as your wage scale falls below market value, the more valuable employees will sell their wares to the highest bidder, leaving you with a cheaper, sometimes less valuable product. It is up to you to determine if you are willing to accept the lower level of skill.

CBS news bias

With the Obama’s planning to take another vacation to Martha’s Vinyard, CBS news has come to his defense as the Republicans attack him for taking too many vacations. CBS news correspondent Mark Knoller, a self-proclaimed presidential statistician, claims that Obama has had 61 vacation days over his 31 months in office.

Now, I am one of those who believes that a President is always working, and no matter where they are. I thought the complaints about Bush vacations were silly partisan sniping, and I believe that the same can be said about the attacks on Obama for his vacation. After all, President Bush was just as capable of carrying out the business of the Executive branch from his ranch in Texas as he is from the White House.

Mark Knoller, in an article written in January of 2010, about Obama’s first year in office, claimed that Obama spent 27 days at Camp David, and another 26 days on vacation in his first year. That totals 53 days. In addition, he spent 29 days playing golf. It doesn’t appear that accuracy in reporting is Mr. Knoller’s strong suit, because in July of 2010, he claimed that Obama had taken 35 vacation days so far in his Presidency.

 Mark Knoller claimed on December 31st of 2010 that Obama took 32 days of vacation in 2010, and took 58 days of vacation in 2009. According to my math, that is a total of 90 days for 2009 and 2010. So how can the same man claim that, as of 2011, Obama has taken a total of 61 days of vacation? I think Mark Knoller just makes up numbers as he goes along.

No, today’s post is about the press and their partisan bias, not about Presidential time off. Much hay is made in lefty circles about how Fox news is biased. Names like “Faux News,” yet this is an obvious, provable falsehood. This should be no surprise, since more than half of the items that CBS news is selling in their online store is Obama memorabilia.

Tell me again that Fox is biased, and CBS is not.

(Incidentally, I could not find a source that listed the number of days that Obama has vacationed.)

Only Fox news has biased coverage

Recently, there was an attack by a group of forty or more teens against a neighborhood, and one of the residents used a rifle to scare them off. Some of the people reading the article were asking why the news didn’t mention the fact that it was a group of forty black teens attacking residents of a white neighborhood, and the further alleged that if it had been a large group of white teens terrorizing a black neighborhood, it would have been the largest headline possible. Calls from the press to pass hate crime laws would have been heard. Instead, crickets.

The Chicago Tribune responded by saying:

It’s the newspaper’s sound general policy not to mention race in a story, whether about crime or anything else, unless it has some clear relevance to the topic. 

 Really? Let’s see:

Editorial accusing people who disagree with Obama of racism.

Story accusing Arizona of racism because they crack down on illegal immigrants, who happen to be Mexican because the Mexican border is closer to Arizona than the Canadian border.

Story about how blacks do not save their money like whites do.

Story about a man charged with a hate crime for pointing at another man and calling him a name.

The Chicago Tribune fails to realize that the race of people involved with a story only becomes relevant when you report the race of the people. Ignoring the fact that an attack is racially motivated makes the race of those people irrelevant and shows your bias.

Hey Dave Ramsey

You keep telling people what a bad investment it is to buy gold. Let’s take another look at the numbers:

Dow in 1971: 868
25 ounces of Gold in 1971: 875

Dow in 2010: 10,067
25 ounces of gold: 27,200 (1088 per ounce)

Dow today:10,862
25 ounces of gold: 44,550 (1782 per ounce)

So, since January of 2010, the Dow has increased at an annual rate of 5%, but gold has climbed at an annual rate of 40%. Since 1971, the Dow climbed at an average of 28.8%, and gold at a whopping 124.7%.

Of course, the Dow is adjusted, and the stocks on it are dropped as they become worthless, so the actual return on the Dow is much lower than that. Thanks Dave.

History!

History tidbit:

Shortly before noon on June 8, 1959, the first official dispatch of U.S. Mail was launched from the guided-missile submarine USS Barbero (SSG 317), from international waters off of the Atlantic Coast.  Twenty-two minutes later, the Regulus I Missile, carrying 3,000 pieces of mail (postcards), landed at the U.S. Naval Auxiliary Air Station, Mayport.  Among the officials present for the event was Postmaster General Arthur Summerfeld, who stated, “This peacetime employment of a guided missile for the important and practical purpose of carrying mail, is the first known official use of missiles by any Post Office Department of any nation.” He proclaimed the event to be “of historic significance to the peoples of the entire world,” and predicted that “before man reaches the moon, mail will be delivered within hours from New York to California, to Britain, to India or Australia by guided missiles.  We stand on the threshold of rocket mail!”

Fiscal Budget Math

The Obama administration is claiming that S&P made a $2 trillion error when they projected the spending of future years and downgraded the nation’s debt rating from AAA to AA+, saying that S&P has “shown a stunning lack of knowledge about basic U.S. fiscal budget math.”

Let’s take a look at that, and at what the government means by cuts, and why they complain that S&P got it wrong. like most people, talking about trillions of dollars makes things a bit hard to understand, because most of us cannot imagine what a trillion dollars is.

To put things in simpler terms, let’s say that we have a household budget of $3,000 per month, but we only make $2,000 per month and we borrow the other $1,000. We are planning on increasing our spending by $300 per month, but our income is projected to remain the same.

We are already $10,000 in debt, so I get in an argument with my wife, and we reach an agreement that we will cut our planned increase six  months from now, and only plan on spending the following:

Plan……Now ….. 1 month out …… 6 months out ……. 1 year out
Old …… $3,000… $3,300 ………… $4,800 ………….$6,600
New….. $3,000…$3,300 ………… $4,700 …………. $6,000

We congratulate ourselves because we have managed to save $2100 over six months, because we “saved” $100 the sixth month, $200 the seventh, and on until we reach the $600 “savings” of the twelfth month. That is what government budget cuts mean: cutting the rate of increase. Never mind that that we will have to borrow $50,000 on top of the $10,000 we already owe to make ends meet. Never mind that we will argue about the budget next month, and completely rewrite it.

So, the bank that is going to loan me this money looks at my budget and lowers my credit rating. Instead of fixing the problem, I accuse the bank of not understanding how I do my budget. It’s the bank’s fault. Yeah, that’s it- the banks. I don’t think that S&P has failed to understand budget math. I think that the US Government has failed to understand basic arithmetic.

Of course, I can always “print” money to pay my debts by tearing all of my dollar bills in half, and thus doubling my money. That will fix it.