Tuesday, March 31, 2009
It's Important to Consider Opportunity Costs
I fell for a stupid article and turned off my home PC last night. The article says that Americans who leave computers on overnight are wasting $2.8 billion on energy costs per year.
It ignores the cost of turning computers off — and having to turn them on again the next morning. Let’s say that process takes five minutes per day, and one does it 250 days per year. That’s 1,250 minutes, or more than 20 hours per person per year.
Read the whole thing to find out why that matters.
It ignores the cost of turning computers off — and having to turn them on again the next morning. Let’s say that process takes five minutes per day, and one does it 250 days per year. That’s 1,250 minutes, or more than 20 hours per person per year.
Read the whole thing to find out why that matters.
New York's Problem is America's Problem
Rush Limbaugh: Now, remember Mayor Bloomberg, who opposed this at one point -- I don't know where he stands on it now, but Mayor Bloomberg way back -- said (summarized), "Look, we got eight million people that live here, there are 40 or 50,000 taxpayers -- families, what have you -- that pay so much in tax that they essentially support the city -- and if they start to leave, we've got a big problem." He said, "Even if 5,000 of them leave, we've got a huge problem. We just can't run out there and keep raising taxes on the rich." The governor, Mr. Paterson, didn't hear him. "It's not just people earning over $500,000 a year that are going to get hit. A lower-tier tax increase would increase taxes by 14-1/2 percent for single people between 250 and $500,000 a year, and for married and joint filers earning 300,000 to 500,000. Taxpayers now hit the current top rate of 6.85% when their incomes reach $65,000. The Paterson plan would tax top-tier earners at 8.97%, the second-tier earners at 7.85%.
I know, I know--it's more difficult to up and leave America than NYC. But the rich don't have to leave, necessarily, to achieve the same result. If a few of them decide to simply "Go John Galt", the effect will be the same.
I know, I know--it's more difficult to up and leave America than NYC. But the rich don't have to leave, necessarily, to achieve the same result. If a few of them decide to simply "Go John Galt", the effect will be the same.
Larry Kudlow:
Sen. Bob Corker (R., Tenn.), probably the most knowledgeable man in Congress about the car bailout, and someone who argued months ago in favor of a pre-planned government-sponsored bankruptcy for GM and Chrysler, calls the Wagoner firing "a major power-grab by the White House on the heels of another power-grab from Secretary Geithner, who asked last week for the freedom to decide on his own which companies are 'systemically' important to our country and worthy of taxpayer investment, and which are not." Corker calls this "a marked departure from the past," "truly breathtaking," and something that "should send a chill through all Americans who believe in free enterprise."
Decoding Brain Waves
Honda Motor Co. (HMC) has developed a way to read patterns of electric currents on a person's scalp as well as changes in cerebral blood flow when a person thinks about four simple movements - moving the right hand, moving the left hand, running and eating.
Honda succeeded in analyzing such thought patterns, and then relaying them as wireless commands for Asimo, its human-shaped robot.
In a video shown Tuesday at Tokyo headquarters, a person wearing a helmet sat still but thought about moving his right hand - a thought that was picked up by cords attached to his head inside the helmet. After several seconds, Asimo, programmed to respond to brain signals, lifted its right arm.
Honda succeeded in analyzing such thought patterns, and then relaying them as wireless commands for Asimo, its human-shaped robot.
In a video shown Tuesday at Tokyo headquarters, a person wearing a helmet sat still but thought about moving his right hand - a thought that was picked up by cords attached to his head inside the helmet. After several seconds, Asimo, programmed to respond to brain signals, lifted its right arm.
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