Over the years, I have always tried to understand why things are the way they are. One thing that I did learn is that there is a relationship between comfort and complacency. If we are comfortable, we burp and fart. If we become uncomfortable, we rant and roar and look for someone to blame.
Am I getting a little set in my ways or is this a case of rumination? And no, there is no rum associated with rumination.
On the Price of Oil versus the Price of Gasoline........
When oil was $110.00 per barrel, gas was $1.10 per liter. Then, the price per barrel halved to $55.00 per barrel and gas remained at $1.10 per liter. Is this a case where we got comfortable with the $1.10 per liter?
Incidentally, who gets the difference?
On the Selling of Government Assets.....
Most government assets have been paid for by the tax payers over many years, often decades. What gives a newly formed government the right to sell these assets? How does that really work?
Over the years, I have often compared the financial decisions of governments with my personal financial decisions. Although there is the difference of scale, I believe that the fundamentals are the same.
There were times when I got myself into situations where my expenditures exceeded my income. I always came to the same conclusion. I had 2 options. Either, I had to increase my income to match my expenditures or I had to decrease my expenditures to match my income. In other words, I had no choice but to live within my means.
Overspending is a serious financial problem at any level. And yes, you can sell your assets to cover off some of your overspending for the short term, but at the end of the day, you will have no assets and you will still have the spending problem.
And yes, I do understand that increasing taxes (revenues) and/or cutting spending (expenditures) can have negative consequences for the politician and that sound financial decisions can adversely affect their chances of re-election.
To date, I have spent most of my money on wine, women and song…. and boats….., the rest I wasted.
On Life Style...........
If……. I had known that I was going to live this long, I would have taken better care of myself.
On Communications......... Who you talkin' to?
A tale of the self-important aircraft carrier captain getting his well-earned comeuppance at the hands of a plain-speaking lighthouse keeper has been making the rounds on the Internet since early 1996. Most write-ups purport to be transcripts of a 1995 conversation between a ship and a lighthouse as documented by Chief of Naval Operations:
Based on an actual transcript of a US naval ship with Canadian authorities off the coast of Newfoundland in October, 1995. This radio conversation was released by the Chief of Naval Operations in 1995.
Americans: “Please divert your course 15 degrees to the North to avoid a collision. over”
Newfoundlander: “Recommend you divert YOUR course 15 degrees to the South to avoid a collision, over.”
Americans: “This is the captain of a US Navy ship. I say again, divert YOUR course, over.”
Newfoundlander: “Negative, I say again, you divert YOUR course, over.”
Americans: “THIS IS THE AIRCRAFT CARRIER USS ABRAHAM LINCOLN, THE SECOND LARGEST SHIP IN THE UNITED STATES’ ATLANTIC FLEET. WE ARE ACCOMPANIED BY THREE DESTROYERS, THREE CRUISERS AND NUMEROUS SUPPORT VESSELS. I DEMAND THAT YOU CHANGE YOUR COURSE 15 DEGREES NORTH. THAT’S ONE-FIVE DEGREES NORTH, OR COUNTER MEASURES WILL BE UNDERTAKEN TO ENSURE THE SAFETY OF THIS SHIP, OVER.”
Newfoundlander: “This is a lighthouse. Your call.”
Whether or not this conversation ever took place is not important, but it does make the point that clear and concise communication is important, especially at sea.
I’m supposed to respect my elders, but it’s getting harder and harder for me to find one.
You’re never too old to learn something stupid.
Women will never be equal to men until they can walk down the street with a bald head and a beer belly, and still think they are sexy.