I never inhaled?

Seriously, a little bit hard to believe...  :)

Ah Ah Ah Ah Choom!

Classic!

I have to say, I believe more in a man that has inhaled over anyone that has never even tried (or so claims).

So, how do you like the price of gas?

Are you feeling the love? 

Here in Montreal, gasoline prices passed $1.50 per liter, setting a new record.

I listened to a lot of crying today about how we are being gouged by the oil companies and, as expected, many suggestions came up on how we the consumers can fight back.

Well, we've been down this road before and all the talk is basically about boycotting the gas stations... good luck with that. We can do all the boycotting we want and in 3 to 4 days, we'll all be walking to work and school. The oil companies know that they have us by the family jewels, as do their willing partners-in-crime, our BFFs the federal and provincial governments who are cheerily collecting ever more taxes on these higher gas prices (the taxes often being based on a percentage of the selling price, i.e. GST).

Back in 1999, we had an episode of high gas prices that triggered similar reactions by consumers and, like today, suggestions were made that were largely based on boycotts. Just like today, the oil companies were hardly concerned about consumer boycotts because they know that if they don't sell us gasoline today, we'll be buyers tomorrow.

At the time, I wrote an editorial that was published in The Montreal Gazette where I suggested one way that we the consumers could actually have a significant on these companies. Time to dust off that old idea...

Hit 'em where it hurts them: their profit margins

I'm sure that you've noticed that most gas stations today are anchored by a convenience store. That store is there to sell you chips, milk, cigarettes, newspapers, coffee, beer, donuts, whatever at prices that generate HUGE profit margins for the operator.

If you really want to send a message to this industry that basically says "if you screw us, we'll screw you right back", then DO NOT SPEND A PENNY on anything other than the fuel that you have no choice but to buy from them.

Let's show them that we actually can fight back: boycott all non-fuel purchase from your "favorite" fuel retailer.

On everything else, you have the choice to spend your hard-earned money with someone that is not screwing you on the price of gasoline. In the end, this probably won't have that much of an effect on gas prices, but it sure would be fun to make these guys squirm in their shiny corporate boardrooms, don't ya think?

If you think this idea has any merit, please share this with your friends

The only way this works is if everyone is on board.

By all means, please post a comment and let us know what you DID NOT spend at the gas pump!

Apple Technical Support Wanted

OK, so it's not just me that feels this way...

12-year-old girl evicerates the banking system

This is one clever 12-year-old from Canada. She does an excellent job explaining how the Canadian banking system, in cahoots with the government, is robbing the people of Canada.

Victoria Grant, from Cambridge, Ontario, gives this lecture at a recent Public Banking Institute conference in Philadelphia.

Gotta love those banksters...

Perfect segue to this "unfunny" joke...   http://coolfunnyrandomstuff.blogspot.ca/2012/08/worlds-least-funny-joke.html

World's least funny joke?

Here it goes:

One night at a bar, a man sits down next to an attractive women and orders a drink.

The woman, already on her third or fourth cocktail, turns around, looks at the man straight

in the eye and says, "Listen here: I screw anybody, anytime, anywhere, your place, my place, in the car, on the car, front door, back door, on the ground, standing up,

sitting down, naked or dressed; it doesn't matter to me. I just love to do it all the time"

Eyes now wide open with interest, the man responds, "Hey! I'm in banking too!

It's cute, but why is it not funny? Because bankers don't get it and everyone else knows it to be true.

A Venn Diagram

Seems just about right...

"Printing" a house? WOW!

Wow... a plan to build homes using 3D printers. Cheaper and faster. Game changer for humanity?

From TEDTalks...

How Many Squares?

I am seeing post-after-post on Facebook as people try to solve, and then debate how many squares there are in this image:

So, when you are ready to know and without further ado: [Click Here for the Answer!]

I Hate The Universe

Another episode of "I Hate The Universe" brought to you by "My Brain Is Too Small To Truly Comprehend Any Of This"...

Nice presentation!  Click on this link: The Scale of the Universe

Modern Songwriting Takes Skill

Do ya, Do ya

Do ya, Do ya

Do ya agree

Baby, Baby

Baby, Baby

Baby with me?

(see, I can write songs too!)

The John Bonham Story on BBC

Lifelong Led Zeppelin fan, Dave Grohl, celebrates a man who the Encyclopedia Britannica describes as "the perfect model for all hard rock drummers that have followed."

Featuring interview material from Robert Plant, Jimmy Page, John Paul Jones and Carmine Appice, along with many other key industry figures, family and close friends - this is his story.

Part 1:

Part 2:

Part 3:

Part 4:

Microsoft Surface Keynote Speech

Nice looking product.

Arguably combining the best of tablets and PCs...

It's just remarkable how Microsoft just doesn't have that little touch of "Steve Jobs Cool".

This is the June 18th 2012 product introduction event.

Microsoft Surface Tablet

Cut and pasted from Casey Research (original article: http://www.caseyresearch.com/cdd/what-does-microsofts-new-tablet-mean-investors) because there is no other way to pin this to Pintrest...

What Does Microsoft's New Tablet Mean for Investors?

By Alex Daley, Chief Technology Investment Strategist

This device is the talk of tech right now:

(Click on image to enlarge)

It is not an iPad, nor is it one of the many iPad wannabes from competitors like Samsung and Motorola. It's a Microsoft tablet. Not a tablet built by Dell or HP or Lenovo running Microsoft Windows, but an actual device built and sold by Microsoft.

The device, dubbed "Surface", has no publicly disclosed release date nor an indication of its price, but it is already making waves because it marks the first time that Microsoft has decided to build its own computer. The apparent decision to jump into the fray and compete head-on with Apple in the tablet market has sparked all sorts of reactions.

On one side of the equation, you have those people who are quick to point to the Kin (a failed Microsoft-built phone for Verizon Wireless) and Zune (a failed portable music device meant to compete with the iPod) as proof that Microsoft doesn't have the internal chops to do hardware right.

The design process is different. The supply chain is an entirely new animal for a company used to just packing up software. And the company's DNA just doesn't support it, they say. Plus, what about the current original equipment manufacturers (OEMs) that sell Windows machines? Isn't making tablets their territory?

On the other side seem to be boosters of the strategy. The "ecosystem model" has failed, they say. Commodity hardware doesn't deliver. These pundits have been quick to point out that Apple is basically unrivaled in market with the iPhone, with the iPad, and with more traditional computers like the MacBook they make far more money than any other OEM. These people want alternatives to Apple without having to sacrifice quality and ending up with some flimsy, plastic HP notebook and a slow, buggy Agros tablet.

Some in the latter camp even argue that Apple has so decisively run away with both the media and market share that Microsoft is being compelled to change its business model from software-platform licenser. Essentially, it is said, Microsoft has no choice now but to copy Apple.

So, just how bad is the picture?

There is some serious merit to the competitive threat of Apple's integrated model, though it may not be as bad as first thought. According to data from NPD group, Apple is the undisputed champion of mobile computing:

But there is some controversy over how the data are tallied. First, it is units shipped – not sold – and with Apple in control of the overwhelming majority of its supply chain, things like channel stuffing are quite possible. Absent any of that chicanery, though, the big rub with this figure is that it contains tablet shipments as well. Of the 17.2 million mobile PCs shipped by Apple in the first quarter of 2012, a full 13.6 million were iPads.

This means that Apple only ships a handful of traditional computers. Consulting firm Gartner pegs its net share of PCs at only 9.3% of the global market. That's about double where Apple was a few years ago, but it's still small in comparison to the number of total PCs or relative to the double-digit percentages that HP, Dell, Acer, and Lenovo – all of which ship Windows machines nearly exclusively – command of the market. All in, Microsoft still controls 90% of the PC market, and that market continues to grow globally. That does not sound like a situation that warrants an about-face on business plan by Microsoft.

But what about this tablet thing? Tablets are simply a different market than the PC altogether. In that market, the numbers look much different for Microsoft. In the tablet market, Microsoft doesn't even have an entry. The current market share statistics peg Apple's place in that market at a whopping 63%. The remainder is rounded out by Android-powered devices from Amazon, Samsung, Motorola, and the like.

None of Microsoft's largest partners has a stake in the tablet game today. That can largely be attributed to the fact that Microsoft hasn't given them anything to work with – Microsoft Windows is simply not designed to run on tablets today. That, however, is about to change.

The company has made it clear that Windows 8 will be an entirely new animal. It will be optimized for touch screens like tablets. It will have gesture and voice control. It will enable companies like Lenovo and Dell to ship tablets, touchscreen desktops, even living room PCs with similar inputs to the Xbox. So, with Windows 8 just a few months from production, why is Microsoft just now dropping the bombshell that it might compete head-on with Dell and HP, potentially alienating its longtime partners?

The answer may actually lie in another, similar market. The smartphone arena has been equally tough for Microsoft to find its way into. The company came to the market late, with a weak software offering, and relying on its traditional PC business model. OEMs like Dell followed them in, producing early smartphones. But they were universal bombs. That may be because Microsoft's biggest OEM partners make the majority of their sales to businesses, and the smartphone revolution – rather the second leg of the revolution, after the Blackberry and defined by touchscreens – has been about consumers.

In the smartphone game today, the picture looks a lot like tablets: Microsoft's share barely even registers on a graph; Apple dominates as a single vendor; and the collective clout of Android is increasingly powerful.

That's because a rift has opened in the computer market with the introduction of these new classes of devices. The economics of these markets are far different than the PC market, and Microsoft's model has failed to adapt.

While the PC market is going strong, Microsoft likely sees the tablet and smartphone markets as a mix of opportunity and threat to its core business.

The opportunity

If Microsoft does intend to dive into the consumer-electronics business model of the tablet and smartphone, it would certainly not be the first time, as many have pointed out. The company has two notable failures under its belt with the Kin (and all other Windows phones to date) and the Zune. But it has also become the unrivaled market leader in another business very similar to tablets: gaming consoles.

The Xbox has about 47% market share, according to the latest statistics to come out of E3 in May. That's a very similar share to the iPad in tablets. Microsoft makes and sells the console directly, just as Apple does with the tablet.

The comparisons don't stop there, though. The core business model for each is that the device cost is kept as low as is reasonable. In the case of the iPad, prices start at $399 – a huge difference from its average computer cost, which at about $1,200 is nearly double that of HP, whose average computer sells for only $650. The iPad and Xbox both are sold with some individual profit per unit, but the margins are far thinner than they are on the normal sale for each company. Instead, the companies make up for those thin margins in the royalties they get from the sale of media: games, music, movies, etc.

The iPad has iTunes and the App Store. Apple makes about 20-30% of the retail cost of most items sold in those electronic stores. And it has an exclusive – no one else can sell apps to an iPad owner without going through Apple.

The same is true for the Xbox. Xbox has music and movie stores and also offers Netflix and other services for which it collects a bounty for new customers. It also has the Xbox Live gaming service, with millions of subscribers paying a monthly fee to chat and game online with friends and strangers.

On top of that, Microsoft collects a royalty from game publishers, just as Apple does for the App Store – in fact, one could argue that Apple grabbed its iPhone and iPad business plans from Microsoft, just as Microsoft is regularly accused of stealing ideas from Apple.

The result is that the companies keep margins high by encouraging customers to consume lots of paid content over the multiyear lifecycles of the devices, helping to boost revenues and lift margins as little work is needed to collect a share of those sales.

Since the introduction of the iPad, Apple's quarterly sales have tripled. Even at its size, the company has posted a 41% annual growth rate for the past five years... Microsoft, just 6.76% in the same period.

What growth Microsoft has seen has primarily come from the Xbox's "Home and Entertainment" division. That unit, mostly driven by Xbox, accounts for about $1.9 billion in quarterly revenues, less than half the value of Windows.

Thus, for Microsoft – whose goal like any other company is to grow revenue – the tablet opportunity must seem very compelling... especially when you consider that the market, only two years old in its current form (tablet computers have come and gone for a number of years, but only since the iPad have they become popular enough to be considered a market unto themselves), has proven itself to be much larger than the game console market. After seven years on the market, the Xbox 360 has sold only 67 million consoles. Apple hit that same threshold – 67 million units shipped – in April 2012, just two years after the release of the iPad. At the current rate of sales, it should double that number in the next 18 months. (It took Apple three years to sell 67 million iPhones and 24 years to sell that many Macs).

For any business to have sufficient impact on Microsoft's top line, the company has to be able to add $3.5 billion/year in revenue, or 5% of the total. Anything smaller than that would hardly register in its sales totals; even a $250 million annual business is only one-third of 1% annual growth. To really make a difference, it has to be worth four times that, or $14 billion per year. Few new businesses can do that. Microsoft makes $20 billion or so per year off of Windows. It makes even more than that from the sale of software like Office that runs on Windows. The home and entertainment division is now right up there for the company. So what's next?

Well, Apple is poised to make more than $25 billion this year on the sale of iPads alone – over 25% more than Windows is bringing in for Microsoft. And that is before the value of the game and media revenue shares it takes in... all with just one-fifth of the volume. Apple makes a similar gross income from the sale of iPhones – again, before software and royalties.

To Steve Ballmer, those must look like very compelling businesses. The appearance that tablet and smartphone sales haven't hurt PC sales probably adds much to their allure.

But their OEMs will see every tablet that Microsoft sells as one they don't. So the company is hedging its bets. It will allow those companies to get into the tablet game, even chopping the price of Windows for those smaller devices, as it has for Nokia on the phone as well. But the company isn't going to sit around and hope its OEMs sell five times the tablets as they do PCs, like Apple – that would just not be possible – in order to make as much as it does from Windows today in the new market. Instead, it's going to play both sides of the fence.

In theory, if Microsoft's tablet can sell nearly as well as the iPad, it only has to sell one for every four copies of Windows it does not sell to make up for the lost revenue. However, evidence suggests that tablets are a separate market. Thus, that kind of drop in Windows sales won't happen unless one of its partners walks away. Can HP, Lenovo, or Dell afford to stop selling Windows machines? Not a chance. Those companies are captive.

Moreover, they have failed to break into the consumer-electronics market where Microsoft has succeeded at least once with its Xbox. Microsoft will give them another chance with Windows 8... but they all have seen this movie before. The company has been down the road of trying to apply its Windows model to the phone business. Many years in, it has failed completely. Even its most recent salvo with Nokia is rapidly showing signs of not being nearly enough.

The consumer-electronics market is the proverbial forbidden fruit on the tree (wasn't that mythical fruit itself an apple too?) for Microsoft. But it can only go so far before it gets caught.

However, the company is cash rich, has its OEMs relatively captive, and is in search of new multibillion dollar opportunities. Apple has shown that it's possible to grow similar businesses to Xbox without hurting core PC sales, and one has to imagine that Microsoft is very excited about that. By playing both sides of the fence, the company may see more success than it has with phones, where it held to the Windows business model dogmatically while the market opportunity marched right on by.

Who knows, maybe the company will end up buying RIM and/or Nokia, giving itself the manufacturing capability to go head to head with Apple. With $60 billion in cash on its books, Microsoft has enough to buy both companies four times over at their current market caps. Of course, that's just wild speculation... but proposing that Microsoft would skip its OEMs and go right to the tablet market with its own device would have been equally as wild a thought just a few months ago.

The Surface is only a minor threat to Microsoft's core business, while it's a huge opportunity to build shareholder value – but only if the company is willing to go all in and market the device heavily. Otherwise, tablets will only be a small add-on business to Windows, even if Dell, HP, Lenovo, and the like wipe the floor with the iPad come Windows 8. And it will be more of the same, single-digit growth for the Redmond software giant.

Clever design for a nite light

found at Sex+Design Magazine

Dear Captain

Asteroid mining? Are we really this close?

Wealthy speculators are placing bold bets on asteroid mining

As found at Casey Research

In another episode of "I hate the universe"...

"It's speculated that a relatively small, 1.6-km diameter asteroid with the right physical characteristics could contain more than $20 trillion worth of industrial and precious metals. For example, near-Earth asteroid 16 Psyche is believed to contain 1.7x10¹⁹ kg of nickel-iron, which would be enough to supply current world production requirements for several million years."

Well, there go my nickel mining shares...

The list of board members and investors of the Planetary Resources company is impressive and a true who's who of billionaires. This is really an excellent use of one's excessive wealth. We've already seen what Elon Musk achieved with his SpaceX program.

 

Now these guys....

http://www.planetaryresources.com/

 

Click here to read the full Casey Research article

Cox Suckers Day? You can't make this up...

Nixa, Missouri announces

2012 Cox Suckers Day!

So, there really is a Nixa, Missouri that has held the annual Nixa Suckers Day since 1957 (http://www.nixasuckerday.org/).

And there really is a new title sponsor, so from now on the event will really be known as Cox Suckers Day (http://www.faircitynews.com/2011/05/16/2012-cox-sucker-days-announced/)...

Really? No one in Nixa, Missouri gets that this might lead to, well, me writing a blog about this (not to mention the skewering that will take place on late night television)?

  But the kicker: This year features a special appearance by PeeWee Herman and the Popsicle Twins... Where else would PeeWee be on such an important day?

Frank Zappa

Staff Meeting

Apple teapot version 7.0

Cult of Tru Dat