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SK in CV
Participant[quote=enron_by_the_sea][quote=SK in CV]A little perspective is probably in order here. The largest company (by market value) in the world, just reported sales and earnings more than 20% higher than the previous year. It’s net income for the last 4 quarters is in the neighborhood of $8 billion, which will probably keep it in second place in the list of most profitable companies. It’s more than double the size of it’s nearest competitor in it’s sector in both market value and profit.
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What many Apple investors who just look at these stellar numbers in isolation miss, is the fact that those great revenue/profits/margins are in large part the result of a gift from AT&T/Verizon/Sprint; which will not keep giving forever …[/quote]
As long as AAPL has a product that the mobile’s customers want, they’ll keep paying. Did APPL make pretty sweet deals with them? Absolutely. One of the reasons they are among the biggest companies in the world is that they drive the hardest bargains. They are notoriously difficult with both vendors and customers alike. That won’t change. But the mobiles are making money selling iPhones. Unless other manufactures make a device that consumers want more than they want the iPhone, that dynamic is unlikely to change. (disclosure here, I’ve never had an iPhone, nor any other Apple product.)
ParticipantA little perspective is probably in order here. The largest company (by market value) in the world, just reported sales and earnings more than 20% higher than the previous year. It’s net income for the last 4 quarters is in the neighborhood of $8 billion, which will probably keep it in second place in the list of most profitable companies. It’s more than double the size of it’s nearest competitor in it’s sector in both market value and profit.
There might be evidence out there that Apple’s dominance might be declining. But that evidence can’t be found in yesterday’s earnings report.
Participant[quote=Allan from Fallbrook]
Brian: WashPost article exonerating Romney, including citations from the WashPost Fact Checker and Annenberg’s Public Policy Center (FactChecker.org): http://www.washingtonpost.com/opinions/kathleen-parker-obama-campaign-shows-its-desperation-in-romney-attack/2012/07/20/gJQAiYCsyW_story.htmlThis should put Obama’s petty slander to rest (one would hope.)[/quote]
At the same time (or at least the same day) that Kathleen Parker published that opinion piece, the very same fact checker she cited as exonerating Romney, had this to say:
So we are at an impasse. Because of the ambiguity, there is considerable room for interpretation of known facts. Going forward, unless new evidence emerges, on a case-by-case basis we may withhold the awarding of Pinocchios when the claim rests mostly on the question of when Romney stopped managing Bain Capital.
Participant[quote=spdrun]The only people who should answer to anyone are the criminal himself, and maybe the university, his family, and the gun dealer. The theatre was the victim here, not an involved party.[/quote]
What university? Why would the family be required to answer to anyone? It’s been reported that all gun purchases were perfectly legal, so why would the gun dealers have to answer to anyone, beyond that?
The theatre obviously IS an involved party, as much as every single witness. But I agree, the theatre managment and owners were additional victims.
Participant[quote=Allan from Fallbrook][quote=SK in CV]
Dark. Night.[/quote]
Lit. Theater.[/quote]
And in related you can’t make this shit up news:
[quote]New York City Police Commissioner Raymond Kelly said: “It clearly looks like a deranged individual. He has his hair painted red. He said he was the Joker, obviously the enemy of Batman.” [/quote]
Thankfully, he is also in custody. NYC Police Commissioner confirms, his friends in Gotham City are safe tonight.
Participant[quote=Allan from Fallbrook][quote=svelte]I’m gonna go see the midnight showing tonight. Who’s with me?[/quote]
Svelte: As long as you’re first through the door.[/quote]
Dark. Night.
Participant[quote=AN]With that said, I think you’re just having a case of grass is greener on the other side. Would CV schools be where it is with the reputation it has w/out the kids from those tiger parents? Mira Mesa schools can use a few more tiger parents. Just look at the API scores of the subgroups. TPHS and MMHS are pretty comparable until you get to the Asian category. TPHS Asian blew by MMHS like it was standing still. Would CV be fetching to premium it does w/out its schools?[/quote]
It isn’t just the schools in CV. It’s just as much the families. A handful of them might be tiger families, but I’m guessing most are not. There’s a culture both within the school and in the kids homes where academic achievement is a good thing. Kids study. Few of them work. (I’m talking about the high schools here.) There aren’t a lot of behavior problems. There isn’t a lot of bullying. The kids in band are just as cool as the football players or the basketball players. There are as many AP classes available as a kid (or parent) could want. My daughter got straight A’s. She could have taken 2 more AP classes. She wasn’t in the top 10% of her graduating class. (They dont publish class rankings, i think in order to avoid competition. I only know that because there’s some special UC entrance benefit for graduating in the top 10% of the class.) That means that at least 10% of the class too more AP classes than she did AND got straight A’s.
I think if you put these same kids in almost any school, they’d perform almost as well. And unless things have changed dramatically in the last 5 years, these are NOT mostly tiger parents.
Participant[quote=cvmom][quote=SK in CV]
I have to disagree with you here. It’s not tough at all, unless you get caught up in it. Just don’t. And make sure your kids know that they’re only competing with themeselves. They don’t have to be better than anyone else, they only have to be as good as they can be.
[/quote]This is a great point! It’s hard to remember when you’re surrounded by the kill-or-be-killed mindset. Thanks for the reminder. :)[/quote]
Just for some more words of encouragement, both of my kids graduated from UC (different campuses). All of the UC campuses are in the top 20 most competitive public universities in the country. Neither one of them ever felt any competition from other students. This isn’t anything I (or my dear ex wife) deserve any particular credit for, other than making sure their mindset was to challenge and compete only with themselves. There’s plenty of other crap to stress kids out. Competing with their classmates doesn’t have to be one of them.
Participant[quote=cvmom]It’s really tough parenting in CV with the tiger parents. And it only gets worse and more cut-throat as the kids get older…and those parents will do ANYTHING to get their kids a leg up on the “competition”. I’ve seen it all already, and my kid is just entering high school. Nasty. And what awful role models for their kids.[/quote]
I have to disagree with you here. It’s not tough at all, unless you get caught up in it. Just don’t. And make sure your kids know that they’re only competing with themeselves. They don’t have to be better than anyone else, they only have to be as good as they can be.
Both of my kids had friends that were regularly pissed off when someone else did something good. My kids were always happy for their friends when they did something good. A much healthier mindset.
And it all turned out good. They’re both the best kids ever 🙂
ParticipantI’m going in a few hours, first time in 10 or 12 years. I suspect it’s changed a little bit. Will report back.
July 12, 2012 at 9:51 PM in reply to: Obamacare bill contains 3.8% tax on homes sales capital gains for high income earners #747890Participant[quote=AN]It wouldn’t be called a belief if you can prove it, now would it? You believe God doesn’t exist. That’s also a belief, because you can’t prove it.[/quote]
Some athiests don’t believe that god doesn’t exist. I’m pretty honey badger about the whole thing. I just don’t give a shit.
Participant[quote=squat250]I find the more coffee I drink the more I need to drink. I cut myself off from all stimulative measures a week ago and switched to African bush tea. Am I Europe or America?[/quote]
Did you get caffeine withdrawal headaches?
Participant[quote=Allan from Fallbrook][quote=SK in CV][quote=livinincali]
The point is that when you cut spending, stop bailouts and let the debt liquidate you get to a stable economy that can grow again. [/quote]Good luck with that.[/quote]
SK: Except there is a valid point in there, especially regarding certain countries within the Eurozone.
Greece, Portugal and Spain are different from Germany, France and, to a certain extent, Italy.
Continuing to pile debt onto Greece is nonsensical. This is a not a vibrant, growth-oriented economy with any hope of repaying said debt. Greece is the terminal endpoint of a failed model: The Euro social contract implodes when faced with this sort of calculus and we’re well beyond Keynesian “pump priming” now.
At the rate the Eurozone is going, we’ll have a dominant Germany surrounded by what will amount to servile, vassal states. And we all know how well THAT has worked out in the past.
As I said, this is terra incognita. The one comparison between the US and the Eurozone that does hold, however, is this: Our respective political classes have utterly failed us.[/quote]
The problem I have with the statement isn’t that it can’t be the right thing to do. It’s that in a time of falling (or insufficient) public spending, cutting government spending will never lead to economic growth. Might piling on additional debt and increasing spending be the right thing to do in Greece? Probably not. With the current level of debt, the Greek economy is probably irreparable. But will cutting spending fix it and lead to economic stability? Not a chance.
Participant[quote=livinincali]
The point is that when you cut spending, stop bailouts and let the debt liquidate you get to a stable economy that can grow again. [/quote]Good luck with that.
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