- the emerging technology must not be in direct competition with an existing titan of industry, otherwise the full force of the goverment will act to stifle it to protect jobs or special interests.
- the emerging technology must evolve in marketability/profitablity quickly, there is no help of the government to see it through it's infancy.
Tuesday, September 15, 2009
Is rapid innovation still possible in the US?
Wednesday, September 9, 2009
Baptize! On 3! Break!
I was recently invited by a friend of mine to attend his church in the coming weeks for a series of sermons that did in fact sound pretty interesting. I was appreciative of how politely he extended the invitation, and honestly I expect nothing less from him. That's how you win converts. You live the faith. You don't use God as a team bonding event, pull a few heart strings, and whip out the peer/coach pressure to secure a baptism. If my kid made a commitment to God and Christianity at an event like that, I'd be furious too. I'd never be sure he/she only took part to appease the person doling out the playing time. Kids do far dumber things than that to fit in with teammates and make coaches happy.
Besides the fact that it is unconstitutional, there are practical reasons to keep religion out of our public school activities. Kids should never feel there is a quid pro quo for their affirmation of faith, or that a grade might depend on their involvement in FCA or some other religious after-school activity. We preach the virtue of fighting peer-pressure, and then use it achieve something much more personal and important in a young person's life. An affirmation of faith should be from the heart and uncoerced.
Saturday, September 5, 2009
We're on the move!
When I made a mental list of the things I wanted in a home I was surprised at how many of the things were not really related to the house itself:
- large mature trees
- close to schools and work
- inside New Circle Road
- nice usable yard
- flat driveway for a basketball goal (seriously, this is important to me.)
- rear entry garage
- 4 bedrooms and the ability to make a 5th
- 2.5 baths
- a basement, finished or not
Yesterday we got a signed contract on a home that met 5 of 6 of my external requirements and all 3 of the house needs. It has a front entry garage, but a beautiful new concrete driveway that is perfect for playing basketball.
Best of all, it is across the street from an elementary school (like, the crosswalk is 15 feet from our front door) and is directly across the street from a park with a playground, bike/walking trail and a baseball field. It was a home we KNEW we wanted as soon as we saw the location. As long as the house was marginally well constructed and modern, we were going to make an offer.
I won't post pictures yet, as we just signed the contract. Once we close, or at least get the inspection and appraisal behind us, I'll put up some more information. Needless to say, Mrs. Bliss and I really feel like we are getting the last residence we'll ever want.
Friday, September 4, 2009
I think humans as a race were smarter a few hundred years ago.
"Neither a borrower nor a lender be,
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry."
-Polonius, Hamlet
"The rich rules over the poor, and the borrower becomes the lender's slave."
- Proverbs 22:7
I'm not ashamed to talk about money publicly. Or more specifically, my money and how I spend it. I won't proselytize but I'm perfectly comfortable discussing my finances. That definitely was not always the case.
The first quote I posted was one I often heard from my mother growing up. The only problem was she usually stopped after the first line. The second and third lines are the ones that really make the case. "Husbandry" refers to an act of conservation, and in the financial realm it means saving. To borrow is to truly dull the effects of saving, if not entirely negate the concept.
Usury, in its original application, is the practice of loaning money and charging interest. Later, it came to be known as charging a higher interest rate than the law might allow. It is a concept that I became fully aware of in the last 2 years as my wife and I made a decision to follow a different financial plan.
We entered college with very little knowledge regarding personal finance, quickly obtained credit cards, and even quicker accumulated debt. Not a lot in the grand scheme of things, but for having no income it monumentally stupid. Our most dubious purchase was a $300 Adirondack chair, hand painted in a Jimmy Buffett theme, purchased at the Woodland Arts Fair. It is still a beautiful chair, but looking at it reminds of how ignorant I was. And because of that, I don't find it to sit all that comfortably. By the time we paid off the card, I'd guess we paid $1000 for that chair.
Our first stop as a married couple was down to the bank to consolidate our credit card debts and cancel the cards. So from the age of 20 on, we've lived without credit cards. It's just how we live. It wasn't easy. It wasn't convenient. But we got by. Looking back, I don't really see how though.
But even after paying off the cards, we still hadn't made a conscious change in our philosophy with money. We simply didn't use credit because we knew we were unable to use them wisely. There was no greater principle guiding us, purely self-preservation. That wouldn't come until later.
Through our first years of marriage while we had a daughter and were still in college, we made full use of the federal student loan program. We received some grants, but we almost always took the full disbursement of the loans offered as well. We used that money to prepay rent through the semester. It seemed like worthy spending choices at the time. After all, it got us by. Today, these are our only debts aside from our home.
At the ripe old age of 28, I discovered Dave Ramsey on the radio. I'll try not to make this an infomercial, but to say that it was an awakening would be an understatement. His use of scripture wasn't what convinced me, though I clearly like and subscribe to the principle in Proverbs 22:7, it was the sheer sound of joy from all the people who were proclaiming their freedom from debt. I wanted that. I'm fully aware that he's peddling common sense, and in that respect he is no different from a Tony Robbins figure. But at the same time, I guess I had lived my whole life assuming that debt was normal. Just because I'd sworn off credit at age 20, debt as a way of life was still what I expected.
More powerful than anything Dave said, was what his callers had to say. I could relate to every single one of them about the crushing feeling of living paycheck to paycheck. I realized that how we managed our money meant that no matter how much income we had, we would always live paycheck to paycheck. When a caller said he made $150,000 a year and still was worried about money and making ends meet, I learned something useful about money management. Our spending controlled us, not the other way around. The only advantage we had on the folks calling Dave was that we only spent what we made. But dammit, we spent it all!
Over the last two years, we've developed a pretty strong, well disciplined budget process. We save vigorously; roughly 25-30% of our net income each month depending on that month's planned expenses. Every dollar is spent on paper; even the money saved is designated for something, usually up to 10 things we are simultaneously saving for. We know which expenses are our downfall and try to build ourselves in some wiggle room. We're now in charge of our spending, and the results have been pretty staggering. We basically started with no savings, like most Americans. My goal, if I can keep a working jalopy for the next 2-3 years, is to walk into a dealership and pay cash for a new car in 2012.
Thursday, September 3, 2009
Be Loud...Let your colorshow!
Their new album is coming out later in September, their first on a major label and produced by Rick Rubin. I can't wait. Here is the title track:
Lastly, this clip is from the show my wife and I saw at the Kentucky Theater in June. It was a much better show than the one I attended at the Master Musicians Festival in Somerset a year ago. This is how you shred a banjo: