Good News Bad News

GOOD NEWS – Renewable Energy looking promising, and gaining momentum.

On February 17th, I joined 300 Mainers on a bus convoy to Washington, DC for a rally to raise awareness about global climate change.

BAD NEWS – The polar extremes of our energy future needs to find a majority.

Whenever a discussion lines up by political party, it’s a sign that people may not be thinking for themselves. An opinion on the future of energy should not be a function of who is supporting it, but what is being supported. It’s time for each of us to come up with our own opinions, and then let the majority push us to a strategy.

GOOD NEWS – A rebuttal to GNBN’s Post Office article on Saturday Delivery.

February 11th’s Good News Bad News article by employee Gren Blackall, GOOD NEWS – Why stopping Saturday US Mail delivery is a good thing led to a rebuttal by Tom Rizzo, US Postal System spokesman for the Northern New England District.

FOR WHAT IT’S WORTH – Occam’s Razor – a credo that cherishes simplicity.

Occam’s (or Ockham’s) Razor says – the better of two similar explanations is the simpler one. Wikipedia defines it, “Among competing hypotheses, the one that makes the fewest assumptions should be selected.” (source)  Or you may have heard this similar concept, “If you hear hoof beats, think horses, not zebras.”

BAD NEWS – We’re entering the longest period of no Federal Holidays in the year.

From President’s Day to Memorial Day is the longest gap without a Federal Holiday – 98 days. The next longest is the 60 days between Memorial Day and Labor Day. But that’s summer with lots of breaks (for those who have vacation days).

GOOD NEWS – More examples of moving to “real time.”

The days of running the world on “batch time” are numbered. The concept of holding back calculations until they accumulate at the end of the day in batches traces back to when it was easier to close the books manually after hours. Even as computers have taken over, it was still easier and cheaper to hold off processing until after the company was closed.

GOOD NEWS – Medical diagnosis and treatment by computers getting better than real people.

Computers better than doctors? This might sound like a slam to the medical profession, but to the contrary. This will allow doctors to spend more time on the esoteric cutting edge, lower the cost of helping common ailments, and making good medical advice more accessible to more people.

BAD NEWS – I buy lottery tickets.

The bad part. Talk about politically incorrect, especially in finance. Lottery ticket buying as an investment strategy is ridiculous at best, and always foolish. I should know better, I work in a bank and majored in Math. The odds of being hit by lightning in one year are 175 times better than winning the Powerball Lottery. What fool would buy one? Or worse, admit it?

FOR WHAT IT’S WORTH – Humans (and Chickens) get more heartbeats.

There’s a story floating around that we only get a fixed number of heartbeats in a lifetime. If you exercise, while it might double your heartbeat, your pulse rate drops between sessions. We’ll live longer if we’re healthy.

If true, how many do we get? If you figure an average age of 75 with 60 beats per minute, that comes to about 2.4 billion heart beats.

BAD NEWS – Attacking Liberal Arts Education is short sighted.

My father suggested a liberal arts education for me this way, “Take the professor, not the class.” There’s a lot behind this wisdom. It means that I’d be better off taking a class in Chinese Art History from the teacher that students and alums rave about than I would taking a class in iPhone App programming from a teacher people find mediocre.