In honor of Father's Day, I present an article that's a bit more challenging than my normal light fare.  It's from John Mauldin's InvestorsInsight financial newsletter, and is actually an excerpt from a book called A Roadmap For Troubling Times by Louis-Vincent Gave.  The article is The Problem with the Euro, and the excerpt begins a bit down the page, at "The Change in Policy."

It's heavy going, but one interesting thing I took from it, thanks to some help from my own Personal Economist (aka Porter) is this:  Countries, unlike people and businesses, don't go bankrupt—because they can always print more money.  Yes, that brings on inflation and a whole host of problems, but it keeps them in business.  However, this is no longer true of the countries of the European Union.  France, which is struggling under a national debt of 70% of its GDP, can no longer cover itself by printing more francs, since its present currency, the euro, is outside of its control.  Many other European countries are in similar straits. (More)
Posted by sursumcorda on Sunday, June 15, 2008 at 5:16 am | Edit
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A week ago we paused in the middle of grouting our new entrance tile to turn around and watch the Space Shuttle Discovery sail through the clouds.  This morning the twin sonic booms informed us it was time to turn on the television to watch Discovery's return home.

And you thought the thrills of living in Florida had something to do with not shoveling snow.
Posted by sursumcorda on Saturday, June 14, 2008 at 11:29 am | Edit
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Ireland's 3 million voters will decide on a document representing the 490 million people in the European Union.

You can look at it that way, and when you do, it sounds unfair that the success or failure of the Lisbon Treaty, which would create a new governing treaty for the European Union, should stand or fall based on what the Irish decide.  But so it is with democracy; in a close race, one person's vote can decide the fate of an entire country.  Not that it ever does, but it could.

I don't know enough to judge the Lisbon Treaty itself; it may be good or bad in the main, but I can say I am pleased that Ireland is standing by its own constitution, which requires that anything affecting the Irish constitution be decided by the Irish citizens themselves.  The Dutch and French people have already been railroaded by their own governments. (More)
Posted by sursumcorda on Friday, June 13, 2008 at 6:48 am | Edit
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I've never heard the American Public Media program Speaking of Faith, but somehow (I've forgotten whom to credit) came upon this transcript of Quarks and Creation, an interview with the physicist/priest John Polkinghorne.  If you can ignore the annoyances of a word-for-word transcript of an audio program, it's a fascinating interview.  (For those who prefer an audio format, that's also available.)  Polkinghorne touches on subjects as diverse as beauty, truth, quantum physics, prayer, free will, and the dangerous brilliance of creating a world that creates itself. (More)

Posted by sursumcorda on Thursday, June 12, 2008 at 7:41 am | Edit
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Equality means everyone gets to run the race. It does not mean everyone comes in first.

John C. Wright and I may not agree on Prince Caspian, but we saw the same message in The Incredibles: the loss of excellence, enthusiasm, and initiative that results when we foolishly favor equality of outcome over equality of opportunity.

The inspiration for Wright's post was a soccer trophy won by his five-year-old son.  Well, "won" is stretching quite a bit, and that's Wright's point.  Everyone on the team received the same trophy, just for showing up.  Or even not showing up; the coach also wanted to give a trophy to Wright's other son, who had quit the team mid-season! (More)
Posted by sursumcorda on Wednesday, June 11, 2008 at 11:12 am | Edit
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So. Studies have shown that length of life can be extended by eating a very low calorie diet, twenty to thirty percent less than a "standard diet." Whatever the standard diet is, you can bet it's significantly less than the average American diet, so we're talking severe calorie reduction here.

Thanks to the University of Wisconsin-Madison (my nephew's current college of choice), the National Institutes of Health, and DSM Nutritional Products of [ahem] Basel, Switzerland, there is a better way. Drinking red wine apparently has similar effects and works by nearly the same mechanism. (If you're ambitious you can read the full report.)

Let's see. To drink, or not to eat...is that a question? I don't care much for wine and even then I prefer whites to reds, but I could manage this.

The article doesn't say what happens when you combine the starvation diet with drinking red wine, though the picture it evokes in my mind is not exactly one of robust health....
Posted by sursumcorda on Tuesday, June 10, 2008 at 8:33 am | Edit
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The spectre of mercury poisoning from dental fillings has made the leap from alternative medicine/tabloid fodder to official health concern, as the FDA now acknowledges the possible danger to children, unborn babies, and other sensitive populations.  I doubt it's worth having fillings replaced (which I'm guessing could release more mercury than leaving them alone), but certainly a good idea to check with your dentist.

I'd much rather get my mercury from eating tuna and swordfish. 
Posted by sursumcorda on Monday, June 9, 2008 at 6:59 am | Edit
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The comic strip Baby Blues, like Dilbert, often frustrates me because of its negative views.  Its depiction of family life does not usually reflect my experiences, and the recognition of one's own situation is a key ingredient in good humor. But whenever I begin to decide it's not worth reading, Baby Blues (again like Dilbert) comes up with a priceless strip.  Today's says so much on several levels that futher commentary would be foolish.

Posted by sursumcorda on Monday, June 9, 2008 at 6:14 am | Edit
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We've lived in Florida more than 20 years and haven't yet mastered the art of gardening in this climate.  After a year or two of being defeated by nematodes, giant grasshoppers, and the need for daily attention, we pretty much gave up, until inspired to try again by Heather and Jon, who managed to get a few good things to grow even at their zero-yard city apartment. (More)
Posted by sursumcorda on Sunday, June 8, 2008 at 7:25 pm | Edit
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With all due respect for everyone's personal choices, and with free acknowledgement that in our diversity of educational options lies our strength, here's an excerpt from today's Frazz for a moment of homeschooling joy:

Posted by sursumcorda on Saturday, June 7, 2008 at 6:44 am | Edit
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I did place an order on Amazon.com this morning...but somehow I doubt that's what brought down the system.  Whatever; it has been unavailable for a few hours now:  "Http/1.1 Service Unavailable."  Just another reminder that we are too dependent on infrastructure over which we have little or no control: water, sanitary services, electrical power, grocery deliveries, police protection, mail, phone, and Internet services.  Our ancestors had plenty of worries that we don't, but they dug their own wells, buried their own sewage, grew and/or hunted their own food, and protected their families with their own weapons, and lived among neighbors who could help out when needed.

Communities still share what they can during times of trouble, but for the most part, if we lose one or more of the basic services, so do our neighbors.
Posted by sursumcorda on Friday, June 6, 2008 at 2:30 pm | Edit
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Thanks to John C. Wright for bringing to my attention Story Time by Andrew Klavan, in City Journal.

Read it. It may frustrate you, it may make you despair, it may inspire you; it will certainly break your heart.

Where there is no vision, the people perish. (Proverbs 29:18)

Let me write a nation's songs, and I care not who writes its laws. (various attributions)
Posted by sursumcorda on Friday, June 6, 2008 at 8:14 am | Edit
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As I said before, I'm not always curmudgeonly.  Here, for your morning's delight, is an inspiring story from the blog, "Et tu?"  What happens when an introverted mother of three children under four, whose only much-needed time for solitude comes when all three kids are napping simultaneously, finds this time interrupted again and again by neighborhood pranksters who repeatedly ring her doorbell and run?  No, this is not a sordid tale of mass murder; I said it was a happy story.

Read the What first, then the How (with further details). (More)
Posted by sursumcorda on Thursday, June 5, 2008 at 9:14 am | Edit
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Here's a scary article for you:  Emily Gould's Exposed, from the May 25, 2008 New York Times Magazine.  Andrew Keen (The Cult of the Amateur) would definitely appreciate this story of one woman's venture into a world of publishing unfettered by editorial oversight and subsequent free-fall into the Dark Side of Blogging.

I slumped to the kitchen floor and lay there in the fetal position. I didn’t want to exist. I had made my existence so public in such a strange way, and I wanted to take it all back, but in order to do that I’d have to destroy the entire Internet. If only I could! Google, YouTube, Gawker, Facebook, WordPress, all gone. I squeezed my eyes shut and prayed for an electromagnetic storm that would cancel out every mistake I’d ever made.

Another sad story about a naïve teenaged girl molested by someone she met on MySpace? Not at all. Just an imprudent adult woman seduced by the delights of seeing her thoughts in print.  Scary.

Posted by sursumcorda on Wednesday, June 4, 2008 at 2:17 pm | Edit
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In a previous post, which was primarily about something else so I won't link to it here, I said:

Having experienced the higher-level coinage of Canada, New Zealand, Australia, Switzerland, and the European Union, I wish the United States had the sense to supplant (not just supplement) the dollar bill with dollar coins.  (And maybe the $2 and $5 bills while we're at it.)  But the mountain of paper used to print dollar bills comes from Massachusetts, where the Crane Paper Company has a stranglehold monopoly on the business.  The $1 bill has a lifespan of under two years and represents about 45% of the U. S. currency production, so it's no surprise that Massachusetts politicians don't like dollar coins.

I've mentioned the idea of getting rid of the lower-denomination bills in favor of coins, and while women generally don't seem to mind, I am likely to get a negative reaction from men.  I think this is because women's wallets almost always have a place for change, but men's wallets rarely do.  Porter carries his change in a small coin purse (something like this) which keeps the coins handy and protects his pocket.  But most men I've talked with tend to keep their change loose in their pockets and then dump them in a jar or on a dresser at the end of the day.  This system works because our coins are worth so little. (More)

Posted by sursumcorda on Tuesday, June 3, 2008 at 7:42 am | Edit
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