Friday, January 23, 2009
Ice Breaking Off Antartica
As evidence of man made indication of global warming, the breakage of the ice in Antartica as the global warming increases. The climate changes, the hot season is longer.
Jatropha Curcas
Jatropha curcas, is a perennial poisonous shrub, Barbados nut or Physic nut with a height of up to 5 meters.
The plant originating in Central America, and it has been spreead to other countries in tropical ang sub-tropical countries as well and is widely grown in Asia and Africa. It is an uncultivated wild species, a non-food plants. In the Philippines it is widely use as a living fence to protect the gardens and any other fields from animals, it is also use believed as a deterent to snakes, it grows in desert and even grow with less water and as such does not compete with food crops, the animals don't like to eat the leaves so they can grow well.
The seeds contains 30% oil that can be process to produced high quality bio-diesel fuel, usable for a standard diesel engine.
We try to plant Jatropha curcas, but the problem is the market. There is no known market yet in the Philippines, so we stop planting Jatropha, in the bakyard of our house Jatropha is a common plant.
The plant originating in Central America, and it has been spreead to other countries in tropical ang sub-tropical countries as well and is widely grown in Asia and Africa. It is an uncultivated wild species, a non-food plants. In the Philippines it is widely use as a living fence to protect the gardens and any other fields from animals, it is also use believed as a deterent to snakes, it grows in desert and even grow with less water and as such does not compete with food crops, the animals don't like to eat the leaves so they can grow well.
The seeds contains 30% oil that can be process to produced high quality bio-diesel fuel, usable for a standard diesel engine.
We try to plant Jatropha curcas, but the problem is the market. There is no known market yet in the Philippines, so we stop planting Jatropha, in the bakyard of our house Jatropha is a common plant.
Thursday, January 22, 2009
Intel Philippines Close
Intel Philippines is closing its manufacturing plant in cavity by year end, Intel announced a billion dollar fab in china tha fave the way of speculation. The reasons vary — from high corporate taxes, to expensive electricity charges and even stealing of microchips. Other's says it’s about the structural integrity of the Cavite plant (that’s why the Laguna TechnoPark was an option). Intel may be really moving most of its Asian operations to China. That’s where cheap labor is abundant. Intel still has assembly test sites in Kulim & Penang, Malaysia, Pudong & Chengdu, China and Ho Chi Minh City, Vietnam.
Wednesday, January 21, 2009
Bake Bibingka Supreme
Ingredients:
2 cups all purpose flour
2 tsp. baking powder
1 tsp. salt
3 eggs
1 cup sugar
1 385ml. Evap Milk coco evap.
1/4 cup butter
1/4 cup sugar
1/2 cup grated cheese
2 salted eggs, sliced
Procedure:
1. Preheat oven to 350 F. Grease and line bottom of 2 8-inch layer baking pan with banana leaves or wax paper. Set aside.
2. Sft flour, banking powder and salt together. Set aside.
3. Beat eggs until light and creamy. Gradually and sugar, beating well after each addition.
4. Add flour mixture alternately with Carnation coco evap into the egg. Beat to blend thoroughly.
5. Pour mixture in lined pans. Bake for 10 minutes, then remove from the oven.
6. Spread butter on top then sprinkle with sugar and grated cheese. Decorate with salted egg slices and for 10 to 15 minutes more.
2 cups all purpose flour
2 tsp. baking powder
1 tsp. salt
3 eggs
1 cup sugar
1 385ml. Evap Milk coco evap.
1/4 cup butter
1/4 cup sugar
1/2 cup grated cheese
2 salted eggs, sliced
Procedure:
1. Preheat oven to 350 F. Grease and line bottom of 2 8-inch layer baking pan with banana leaves or wax paper. Set aside.
2. Sft flour, banking powder and salt together. Set aside.
3. Beat eggs until light and creamy. Gradually and sugar, beating well after each addition.
4. Add flour mixture alternately with Carnation coco evap into the egg. Beat to blend thoroughly.
5. Pour mixture in lined pans. Bake for 10 minutes, then remove from the oven.
6. Spread butter on top then sprinkle with sugar and grated cheese. Decorate with salted egg slices and for 10 to 15 minutes more.
Ponzi Schemes
Ponzi Scheme, named after an Italian immigrant, Carlo "Charles" Ponzi.
Carlo Ponzi came to America from Canada where he spent some time in jail for passing bounced checks. He ended up rather quickly in Federal prison in the U.S. for smuggling illegal aliens into the country.
Here's what He did.
At that time, the post offices of the world issued what were called International Reply Coupons, which in essence were certificates good for postage stamps throughout the world. Ponzi's idea was to purchase these coupons in countries where the inflation rate was high and redeem them in countries where the rate was low. Simply put, this enable him to buy low and sell high.
On the strength of these coupons, Ponzi created the Securities Exchange Company and issued his own "promissory notes." An investor could purchase one of Ponzi's notes with a face value of say $100 or $150. In just 90 days, the investor could redeem the note for its full value. In the days when banks were regulated to offer four percent interest, Ponzi's notes promised an extraordinary returns.!
At first, the investors were dubious and risked only a few dollars say $20 . However, after earning 50 percent interest on their money a couple of times, they felt more secure and soon began to invest thousands. Ponzi also cut the time frame down to 45 days to sweeten the deal for investors. (It works!)
In no time at all, Ponzi's kingdom grew to a staggering proportions. One million bucks would flow into his offices every day! As his investor got rich and spread the word of mouth, Ponzi got even richer. He was hailed as a financial genius. He now owned a local bank (the Hanover Trust Company), lived in the posh suburb of Lexington, Massachusetts, and was known far as The Great Ponzi."
The Problem.
Ponzi's "money machine" operated by robbing from Peter to pay Paul. He took the money investors sent in today to pay the money due tomorrow on previous investor's notes. It was a merry-go-round of money that seemed to work perfectly.. The International Reply coupons that were supposed to be the source of Ponzi's wealth building investments didn't exist. Ponzi never purchased more than $100 worth of them.
And one day in 1920, the merry-go-round stopped dead.
A public relations man whom Ponzi had hired to handle the attactks from the Boston press took one look at was actually going on-- and blew the whistle.
Ponzi was convicted of mail fraud and sentenced to nine years in prison. He jumped bail, and move to Florida, sold swamp land in a real estate scam, got caught and was returned to prison. Eventually, he was deported back to Italy . Ponzi died alone and broke in 1949.
Imagine, over $15 million (in 1920 dollars) was paid out to investors before the merry-go-round business collapsed.
The total amount of money lost during the time of Ponzi will never be known.
What made Ponzi's scam an illegal pyramid scheme was the merry-go-round principle. As long as money was coming in, money would continue to go out. Investors were paid in full , on time, and everyone was happy. However, when the money stopped coming in, the "jig was up." The same thing would happened if the amount of money coming in had begun to slow down.
Carlo "Charles" Ponzi was the proud father of one of the most incredible inventions of all time--the illegal pyramid scheme.
What Ponzi did was to live on the "float" you know, like writing a check today to pay yesterday's bills based on money that won't be cashed until tomorrow in the hope that the check won't be cashed until some time next week and so on and on.
The people who invested late in the game lost their money. Some of them lost everything they had.
Carlo Ponzi came to America from Canada where he spent some time in jail for passing bounced checks. He ended up rather quickly in Federal prison in the U.S. for smuggling illegal aliens into the country.
Here's what He did.
At that time, the post offices of the world issued what were called International Reply Coupons, which in essence were certificates good for postage stamps throughout the world. Ponzi's idea was to purchase these coupons in countries where the inflation rate was high and redeem them in countries where the rate was low. Simply put, this enable him to buy low and sell high.
On the strength of these coupons, Ponzi created the Securities Exchange Company and issued his own "promissory notes." An investor could purchase one of Ponzi's notes with a face value of say $100 or $150. In just 90 days, the investor could redeem the note for its full value. In the days when banks were regulated to offer four percent interest, Ponzi's notes promised an extraordinary returns.!
At first, the investors were dubious and risked only a few dollars say $20 . However, after earning 50 percent interest on their money a couple of times, they felt more secure and soon began to invest thousands. Ponzi also cut the time frame down to 45 days to sweeten the deal for investors. (It works!)
In no time at all, Ponzi's kingdom grew to a staggering proportions. One million bucks would flow into his offices every day! As his investor got rich and spread the word of mouth, Ponzi got even richer. He was hailed as a financial genius. He now owned a local bank (the Hanover Trust Company), lived in the posh suburb of Lexington, Massachusetts, and was known far as The Great Ponzi."
The Problem.
Ponzi's "money machine" operated by robbing from Peter to pay Paul. He took the money investors sent in today to pay the money due tomorrow on previous investor's notes. It was a merry-go-round of money that seemed to work perfectly.. The International Reply coupons that were supposed to be the source of Ponzi's wealth building investments didn't exist. Ponzi never purchased more than $100 worth of them.
And one day in 1920, the merry-go-round stopped dead.
A public relations man whom Ponzi had hired to handle the attactks from the Boston press took one look at was actually going on-- and blew the whistle.
Ponzi was convicted of mail fraud and sentenced to nine years in prison. He jumped bail, and move to Florida, sold swamp land in a real estate scam, got caught and was returned to prison. Eventually, he was deported back to Italy . Ponzi died alone and broke in 1949.
Imagine, over $15 million (in 1920 dollars) was paid out to investors before the merry-go-round business collapsed.
The total amount of money lost during the time of Ponzi will never be known.
What made Ponzi's scam an illegal pyramid scheme was the merry-go-round principle. As long as money was coming in, money would continue to go out. Investors were paid in full , on time, and everyone was happy. However, when the money stopped coming in, the "jig was up." The same thing would happened if the amount of money coming in had begun to slow down.
Carlo "Charles" Ponzi was the proud father of one of the most incredible inventions of all time--the illegal pyramid scheme.
What Ponzi did was to live on the "float" you know, like writing a check today to pay yesterday's bills based on money that won't be cashed until tomorrow in the hope that the check won't be cashed until some time next week and so on and on.
The people who invested late in the game lost their money. Some of them lost everything they had.
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