Archive for September 4th, 2008

Have you heard the story of the boiled frog?  The didactic tale tells of putting a frog in water and gradually, oh so slowly, turning up the heat, until, in the end, the frog is boiled.  And the frog has made no attempt to jump out.  The “moral” of the fable is, from what I’ve been told, that you can get someone to be accustomed to any situation simply by changing the environment very, very slowly.  And the person, or people, is “boiled” before they know it.  While it’s probably not true that you can boil a frog , the image still has some appeal.

U.S. Gas Prices Soar To Record National Average

We have become boiled frogs.  We’ve become accustomed to increasing gas prices.  The prices go up, then they go down a little, and we get upset and complain, and we don’t purchase SUV’s and Hummers, and we stop using so much gas.  Then they go down a little and we breathe a sigh of relief, and we go back to buying our SUV’s and Hummers.  Then, after we’ve become accustomed to this slightly higher price and we’re using gasoline like crazy again, the cycle starts again.  Gas prices go up, and … here we go again.  Over time, we’ve become “boiled.”  We’re back to the high gas prices of 1981.  And we don’t even realize that we’ve been “boiled.”

Gas prices in the U.S. in 1981 were at their peak.  The inflation-adjusted price of gas in 1981 was $3.17; the inflation adjusted price back in March 2008 was $3.22.  In the years in between, the price of gas fell dramatically after 1981, because people stopped using gasoline.  They got rid of their gas-guzzlers and bought smaller vehicles.  Then, gradually, we started buying more massive cars, and gas prices started creeping up.

Bottom line: Unless we get wise and jump out, we’re going to keep seeing increasing prices, and we’ll never get out of the boiling water.  You can holler about the awful oil companies, and you can state we need to find new sources for oil, but the best solution might be to … STOP USING SO MUCH OIL.  The question is whether we can do it, unless we are completely forced to.

Texas oilman T. Boone Pickens is so concerned about U.S. dependence on foreign oil (up to nearly 70% in mid-2008), that he has developed a plan  (called, of course, the Pickens Plan) to reduce our dependence on foreign oil by supplanting it with wind and natural gas and other energy sources.  I’m particularly interested in natural gas vehichles (NGVs) which are cheaper to run and cleaner environmentally.  And natural gas is plentiful in the U.S.

What do you think?  Are we boiled frogs?  What do you think is the solution to the “gas crisis”?

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Economic fears send US stocks lower - News.com.au
US shares tumbled in opening trade today as a sober economic outlook kept the mood cautious despite a better-than-expected report on US labour productivity. The Dow Jones Industrial Average dropped 112.36 points (0.97 per cent) to 11,420.52 and the

Stocks tank — Dow ends day almost 350 down - MSNBC
NEW YORK - Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. The

Japan’s Bonds Might Rise After Stocks Tumble on U.S. Jobs Report - Bloomberg
Sept. 5 (Bloomberg) — Japan’s government bonds may advance after rising U.S. jobless claims caused Japan’s Nikkei 225 Stock Average futures to tumble in Chicago. Ten-year yields are also likely to fall from the highest level in four weeks after the

Stocks’ Race To The Bottom - Forbes
With the much-anticipated August jobs report due to hit Friday morning, Wall Street provided a putrid opening act. Shaky sales results from major retailers and a harbinger of gloom from the labor market set stocks churning toward a pitiful finish

Stocks plummet after retail, unemployment data - San Diego Union-Tribune
NEW YORK – Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. The

Stocks: A Terrible Thursday - BusinessWeek
Market players were probably wondering Thursday why they bothered to come back from their summer vacations. U.S. stocks suffered an all-out rout on Thursday as the market’s mood turned quite dark. Investors dumped stocks amid jitters about prolonged

Malaysian Stocks - Factors to watch - Forbes
– Malaysian stockbroking firm TA Enterprise plans to float its property division currently held by its wholly-owned subsidiary TA Properties Sdn Bhd, the company stated in a statement on Thursday. The company said a new company, TA Global

Semiconductors stocks hit hard by economic worries - CNBC
SAN FRANCISCO - Investors slammed semiconductor stocks Thursday amid fears that demand for computer chips is drying up as the economic malaise plaguing the U.S. is spreading to the rest of the world. The Philadelphia Semiconductor Index, which tracks

Stocks Plummet After Retail, Unemployment Data - ABC News
Wall Street dived sharply lower Thursday, sending the Dow Jones industrials down over 300 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors’ hopes for a late-year recovery

JGB futures jump nearly full point as stocks slide - Reuters
TOKYO, Sept 5 (Reuters) - Japanese government bond futures soared nearly a full point in early trade on Friday as worries about a deep global economic slowdown sent investors rushing into safe-haven debt and away from risky positions in stocks

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Let me take the opportunity of today’s estate of the day to remind everyone just how much I love getting tips on outrageous real estate. If you find a luxury property you think I should see, please use the tips form on this site to send in the info.

Today’s estate was referred to me by Luxist reader Chris who rightly thought it would make an interesting estate of the day. Certainly we don’t see homes this lavish in Tampa, Florida too often. The large compounds usually tend to be on the Atlantic side of the say near Palm Beach or Boca Raton. Today’s home is located inside Avila, a private country club community. The gated home is on over five acres overlooking the golf course, pond and conservation areas within Avila. The compound is over 28,000 square feet of space and with attached guest quarters it has 10 bedrooms. The home is pretty ornate. Outside it has a grand manor-like look. Inside there is a massive ballroom, a library paneled in dark wood , 14 fireplaces, elevator, wine room. The grounds include a pool and spa with cabana and basketball court. Obviously a lot of money has been spent here but I question the overall effect. The dark wood, marble and touches of gilding. It reminds me of Villa Versailles in Malibu which is on the market for around the same price in that it aspires to grandeur but seems too overblown to be livable even for those with the most lavish of tastes. This home is listed at $25 million.

Experience more lush living in luxury homes and mansions or see the stars living huge with celebrity homes galleries at AOL Real Estate.

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Continue reading Avila in Tampa, Estate of the Day

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Pimp Your Work

Only recently did I write about sleep as an essential part of your workday as well as another article on taking a permanent break, but today’s post takes the cake when it comes to slacking off.  This day we’ll discuss how daydreaming can be a fundamental part of your work.

Don’t look at me like that, I didn’t discover it (but you already know what a slacker I tend to be, so it’s too late for these disclaimers).

In a recent article from The Boston Globe, scientists from several universities in the US and England discuss the importance of daydreaming in our lives.

Traditionally, we see daydreaming as a waste of time or a luxury we can’t afford in today’s hectic workplace.  The truth is that it stimulates creativity, since our thoughts are more abstract and we’re not bound to whatever is going on at present.

Research from the East Anglia University in England shows that kids who lack imagination tend to be those who don’t have idle time to daydream.  However, Jonathan Schooler from the University of California claims that not all daydreams are created equal. Some daydreamers get too caught up in the moment and don’t realize that their minds are wandering, while others become aware of these daydreams and put their abstract ideas into good use.

“The point is that it’s not enough to just daydream,” Schooler states. “Letting your mind drift off is the easy part. The hard part is maintaining enough awareness so that even when you start to daydream you can disturb yourself and notice a creative insight.”
Source: “Daydream Achievers” by Jonah Lehrer, The Boston Globe

So how do we make daydreaming work for us?

Be active when you’re daydreaming.  Don’t just sit and watch your daydreams as if you were sitting on your sofa and watching Television.  It helps to be aware if you’ve struck a particularly interesting idea or imagery that you can use in other aspects of your life, including your work.

Don’t edit yourself.  Sometimes, after hitting a golden idea, negativity starts getting in your way.  You start thinking “That would never work” or “That’s stupid”.  If something struck you, it’s likely that it will be useful for something, someday.  Jot it down no matter how absurd it might seem.

Know if the moment is appropriate.  Daydreaming while crossing a busy street is a bad idea.  However, daydreaming while you’re on a break, eating lunch, or washing the dishes is perfectly fine.

The writer, Jonah Lehrer, ends the article beautifully:

One of the simplest ways to foster creativity, then, might be to take daydreams more seriously. Even the mundane daydreams that occur hundreds of times a day are helping us plan for the future, interact with others, and solidify our own sense of self. And when we’re stuck on a particularly difficult problem, a good daydream isn’t just an escape - it may be the most productive thing we have the ability to do.
Source: “Daydream Achievers” by Jonah Lehrer, The Boston Globe

Tell that to your boss the next time she catches you daydreaming.

Or, on second thought, don’t.

Pic Credit: Image from Sophie  from stock.xchng

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Normal is getting dressed in clothes that you buy for work and driving through traffic in a automobile that you’re still paying for - in order to get to the job you need to pay for the clothes and the car, and the home you leave vacant all day so you can afford to live in it.
Ellen Degeneres

Image by Lars Sundstrom from sxc.hu

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US Small & Mid-Sized Business Outsourcing & 3rd Celebration Services … - MarketWatch

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The Times of London has come up with a new list of the world’s 10 richest streets based on property prices. The most expensive street on the globe, unsurprisingly, is in ultra-rich Monaco - Avenue Princess Grace, to be exact, where average prices run about $17,000 per sq. ft. It’s a pretty safe bet that anyone with an address there is a millionaire at the very least. In second place is Severn Road in Hong Kong’s Victoria Peak district (above), where the average price is about $11,000 per sq. ft. Here are the rest of the runners-up:
No. 3 - Fifth Avenue, New York
No. 4 - Kensington Palace Gardens, London
No. 5 - Avenue Montaigne, Paris
No. 6 - Ostozhenka, Moscow
No. 7 - Via Suvretta, St, Mortiz, Switzerland
No. 8 - Carolwood Drive, Beverly Hills
No. 9 - Wolseley Road, Sydney, Australia
No. 10 - Altamount Road, Mumbai, India

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