Let Me Tell You What Really Happened

 

Let me tell you what really happened, the voice said. All those years you waited torpidly, like a sleepwalker, pulled and pushed about by others’ opinions, by external pressure, by your illusions, by the official rules you internalized. You were misled by your own frustration and passivity, believing that what you were not allowed to have was what your heart was destined to embrace.

— Ha Jin, Waiting

Screw Economics

 

One of the classes I’m taking on Coursera is Principles of Economics for Scientists, taught by Prof. Antonio Rangel at Cal Tech.

First of all, it’s a great class. Rangel has a real passion for the material and he’s provided extra resources to accomodate online students, many of whom probably don’t have the math background of the average Cal Tech student.

He’s from Madrid, so his pronunciations and mannerisms are different, like the gesture below, which I captured from one of the video lectures.

Prof. Antonio Rangel

He was explaining how something or other would increase our understanding of economics and he punctuated the word “understanding” by pointing at his head with two fingers. I don’t know what this gesture means in Spain, or if it means anything at all. Probably he knows what it means in America, but as I said, he’s passionate about the material and I think he loses himself in what he’s saying.

He’s also one of the only two people I know who pronounce the word “subsequent” as sub-SEEK-went, the other being one of my work colleagues, who’s actually from this country and therefore has no excuse . . .

Man has no alternative, except between being influenced by thought that has been thought out and being influenced by thought that has not been thought out. — G.K. Chesterton

Why Kyrie Irving is a Better Basketball Player Than Anyone in My Family

 
Kyrie Irving
Kyrie Irving

My son (age 19) and I are driving to Staples Center to see the Lakers take on the Cleveland Cavaliers, listening to the pre-game show on the radio. Because the Cavs are basically a one-man roster, and that one man is Kyrie Irving, there’s a lot of talk about Irving on the pre-game.

One of the analysts offers up his opinion that Irving is as good as he is at such a young age (he’s 20) because Irving’s dad was hard on him as a kid and pushed him and didn’t let him take breaks.

As always, when the topic of someone’s dad bullying him to greatness comes up, the boy gives me a melancholy look to say that my lack of abusiveness as a parent is the reason he’s not a professional athlete. “You let me take breaks,” he says.

“You know,” I say, “I think for every guy who says, ‘My dad wouldn’t let me back in the house until I made 100 layups with each hand and now I’m in the NBA,’ there’s 900 other guys whose dads tried the same shit and these guys got nowhere and now they’re extremely angry about it. You just never hear from those 900 guys because they’re nowhere, as I just said.”

Thomas Jefferson on Why Your Health Insurance Premium is Going Up

 
Thomas Jefferson

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.

That headline should not read “DESPITE new health law,” it should read “BECAUSE OF new health law.”

But we were going to get things for free! We were promised better things at a lower cost!

In my day, most of the citizens were farmers or merchants or tradesmen. They lived by their hands and their wits. They had horse sense and they knew when they were being sold a bill of goods.

Of course, that was before television.

Americans today are unfortunately rather stupid. Most of them don’t know anything about economics, science, history, government . . . as George Carlin says, “Think of how stupid the average person is, and realize half of them are stupider than that.” George is here in heaven now. He breaks me up, he really does.

Your president and Congress have decreed that every American will have health insurance whether they want it or not. They have further decreed that a lot of Americans will not have to pay for their own health insurance, which means that the cost of their health insurance has to be paid by the rest of you. That’s one reason why your health insurance premium is going up.

Another reason your premium is going up is the “guaranteed issue” provision. “Guaranteed issue” means that no one can be denied health insurance because of pre-existing conditions.

Funny story: My friend Paul Epps, his wife has an insurance agency in Southern California. It’s an area that’s susceptible to wildfires in the summer months. When a fire breaks out, people who live near the fire actually call this woman wanting to buy a homeowners policy.

Of course, she doesn’t sell it to them. Insurance companies are a little bit smarter than that.

Buying a homeowners policy when your house is already on fire is analogous to “guaranteed issue” health insurance: Hello, I’d like to buy some health insurance. Oh by the way, I have cancer, but the doctors think that with lengthy and expensive treatment, I have a chance to pull through.

This is not even insurance anymore. Insurance is something you pay for now to protect against the risk of having to pay a lot more later. In these cases, there IS no risk. The bad news has already happened. It’s a dead loss for the insurance company and they have to spread the cost of that loss to other policyholders. That’s another reason your premium is going up.

This isn’t even economics, folks, it’s just common sense.

Thomas Jefferson

Thomas Jefferson Solves the Country’s Obesity Problem

 
Thomas Jefferson

A slight minority of Democrats (48%) say the government should be extremely or very involved compared to 13 percent of Republicans. Non-whites (47%) are more likely than whites (25%) to say the government should be very or extremely involved in finding solutions to the country’s obesity problem.

My fellow Americans —

The country doesn’t have an obesity problem. If you’re obese, that’s your problem, not the country’s problem, and you bear the costs of it, financial and otherwise.

Some people might argue that obesity causes an increase in public health costs. That is untrue.

Think about it. If you die in your 40s because you’re too fat, you have saved us all a lot of money, to the extent that your healthcare costs are borne by the public.  If you’d maintained a normal weight and lived to be 80, you’d still have end-of-life medical expenses, plus an additional 30 years of expenditures in between.

For those who want a solution to the “obesity problem,” I offer two:

  1. Eat less.
  2. Exercise more.

Got that, fatso?

Thomas Jefferson

Tax Rate Hike and Increased Unemployment Payments on the Same Day

 

According to this White House press release, the federal government is ringing in the new year by simultaneously raising tax rates (i.e., penalizing people for working) and extending payments to two million people who do not work (i.e., rewarding people for playing Xbox). Has this ever happened before at any time in the history of the U.S. (or anywhere else in the world for that matter)?

Newport Harbor Lights

 
3823 Corner House closer

We took a boat tour of Newport Harbor last week to see Christmas lights on the bayfront homes and yachts.

Current and former owners of these fabulous abodes include Nicolas Cage, Michelle Pfeiffer, Richie Sambora, Peter Falk, Mark McGwire, the William Wrigley family, the Snyder family (founders of In-N-Out Burger), the FaBrizio family (founders of Simple Green), Shirley Temple, George Burns and Gracie Allen, Humphrey Bogart and Lauren Bacall, John Wayne, Charles Bronson, Charles Schulz, George Argyros, and local luminaries like Fletcher Jones Jr and the Segerstrom family (owners of South Coast Plaza).

In the early 20th century, lots in Newport Harbor were selling for $75. Amenities such as electricity, paved streets, sewers, streetlights and water were lacking and roads to the area were largely undeveloped. Basically, you were buying the right to live on a mud flat at a three-hour drive from civilization, so even at $75, sales were slow.

The sellers then placed a coupon offer in Sunset magazine: buy a two-year subscription to Sunset and get $25 off the price of a lot. So — $50 instead of $75.

I wish someone in my family tree had had the foresight to buy one because you couldn’t get a bayfront lot today for less than about $10 million. Not a house — that’s just for the lot.

I Think We Can Speed Up the Drive to Vegas

 

This guy was driving too slow
This guy was driving too slow

The I-15 to Las Vegas is mostly two lanes of traffic in either direction. This could work out okay if slower drivers stayed in the right lane but they don’t. You’ve got people driving at or below the speed limit in the left lane, which creates a blockade and jacks up the travel time.

In Paul Epps’s America, the area between Barstow and Vegas would be patrolled by military-style helicopters and any vehicle being passed on the right would be taken out by a well-placed missile.

“Wouldn’t that make things even slower?” my son asks.

“Initially, it might. But think about the deterrent effect. I think you’d find that in a very short time, slower drivers would stay in the right-hand lane where they belong. Good question though. You ask a lot of great questions.”

What Happened in Vegas: Hollywood Theater

 

We spent a few days in Las Vegas over the holidays. Of course what happens in Vegas stays in Vegas but I will go so far as to say that we saw a magic show at the MGM Grand Hollywood Theater featuring a performer whose name — I will say this much — is the same as a Charles Dickens character.

I expected him to be self-absorbed and boring but he was actually unassuming and funny. Good show.

The Hollywood Theater will sell you a tropical drink, like a daiquiri or a pina colada, in one of these silver chalices for $19 and you can take it home with you. Non-alcoholic drinks are also available and with the non-alcoholic drinks, they throw in a package of M&Ms or a bag of kettle chips. Alcohol or M&Ms, take your pick.

I love my chalice. I have it at home with me now. I drink Coke Zeros out of it and I feel like I’ve got a lot of class.

Hollywood Theater chalices

I Love to Go to Starbucks!

 

I love to go to Starbucks! When we go to Starbucks, I get to have some whipped cream in a cup, which is called a pup cup. During the holidays, I get pup cups in the red holiday cups!

My last video got 32 views, which my owner says is the most ever on YouTube except for Gangnam Style, which I don’t understand because I’ve seen that video and it’s stupid.

— Lightning paw