Joe Halldorson

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Joe Halldorson last won the day on December 25 2012

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  1. A little simplistic but your point seems to convey that you do get what you pay for. The government and idiots like some advocates seems to want it both ways, deregulated-regulations to protect the saps.
  2. I used to discriminate every weekday when I went to the kindergarten to pick up my daughter, I would only take her home with me. Was that to the detriment of other children or mine?
  3. Certainly agree; however, how many children are dead or maimed by irresponsible legal firearms owners?
  4. Substitute firearms for pit bull. Same problem. Responsible people act responsibly.
  5. Fantastic!! When will they get there? I'd like to see the landing
  6. "Billy Idol". I had to ask my wife when I got home who was Billy Idol. Guess I was not "with it" even 25 years ago!
  7. In the boarding lounge waiting to go to YVR-YYC in the late '80s. A short young guy in tight leather pants and a gelled straight up dyed blonde hairdo was impatiently strutting around the boarding lounge like a bantam rooster, attracting virtually everyone's attention. I thought to myself, oh, I don't want to sit near him. As I seated myself in 2D a biker type guy took the window seat beside me and then the leather pants guy sat down right across the aisle. Well after a short while the biker guy and I had struck up a conversation and I eventually asked what was taking him to Calgary. His reply was "I'm the drummer". Not quite sure what he meant I queried "Drummer?????" He looked at me as if I was bereft of all my senses, motioned with his head across the aisle and said "Yah, drummer". Still not sure I sat there with a quizzical look and said "For????" His reply was sardonic at least.
  8. I can usually get mine to sleep, walk the dog and rock the cradle (not all on one spin), and around the world without beaning myself about a third of the time, didn't see him do those!!! FANTASTIC!!!!!
  9. Just as a refinement if you are not sure of the longitude, you can use local standard time, take out the 1 hour for DST to eliminate the 15º error and you should be within 7.5º most places. Joe
  10. Approximate precision is definitely as important, nearly, as good speling, usually.
  11. Rented an older Mustang Convertable at Al West's Vans rentals for a pretty decent price, they do Airport shuttle pick up and drop off. For some awesome snorkelling try (TURTLE TOWN, Makena Road, Wailea-Makena),Big Beach while you're out that way is good for beach and swimming,and continue on to the Ahihi Kinau Lava field. Watch the wind and try to snorkel on the lee, the turtles do hang out across from the Post Office (not kidding) just north of Lahaina as well (1834 Honoapiilani Highway, Lahaina, Hawaii) or snorkel D T Fleming Beach Park a little further north. Nice drives up to the north along the Honoapiilani Highway, and a nice marine park as well, didn't get all the way around to Kahalui that way, too many places to stop. Makena Road beaches will likely afford the best whale watching but if not there is a turnout veiwpoint just past Maalaea about 3-4 km. on the way to Lahaina that is supposed to be good as well, we were there in November and it was too early for the whales. The drive to Hanna is great and I bought the CD that gives the guided tour of the journey and felt it was worth the 20 bucks. Just popped it in the CD player and quite enjoyed the commentary. ( I left it in the car or I'd send it to you) We didn't stay too late in Hanna and I would not enjoy the drive back after dark so get on this one in the a.m. if you're going to go. Top of Haleakala is a must see. Sunrise is preferable to sunset and quite a bit to hike around, but it is chilly so don't be afraid to pack an extra layer of two if your thinking of heading up there for the hike. The aquarium is OK, Iao Valley State Park is very good and you can slip back behind the main paths for a bit more of a challenging hike with stream crossings and walking bridges that are off the beaten track. Went to the luau at the Hyatt Regency Maui Resort And Spa200 Nohea Kai DriveLahaina, HI 96761Valet parking for non hotel guests is $5, just drive up to the front of the hotel. Cheaper than the parking at Whaler's Village if you want to get an overprice retail fix (about a 12 minute walk and worth it to see the gardens and penguins etc. at the Hyatt).Paia, on the Hana highway is a funky little spot, kind of reminded me of Ganges on Salt Spring Island with a few of the '60's crowd still hummin' around. Enjoy,Joe
  12. It is interesting that the current pension "problems" are precipitating such a benign response from the plan members. Simply put, the majority of pension plans have been legal ponzi schemes with little or no checks and balances and been allowed to be plundered by the corporations that negotiated these instruments in the first place. No union forced any employer to defer wages to a later date and the formulas are changed on a quid pro quo basis. Pensions are a negotiated item. One of the benefits to the employer was they could use the deferred wages to fund on going operations and in many cases, fund the start up of ancillary operations which we have seen in many cases, later sold off and the funds directly distributed to the shareholders without concern for the on going liability of the pension plan that essentially funded the initial investment. Further plundering has occurred using complex formulas and actuarial assumptions that that allowed for contribution holidays for the employer yet failed to acknowledge the possibility of a protracted low interest regime for example The current crisis is mainly the concern for windup evaluation of these gargantuan plans. On an on-going basis most are not in as nearly a precarious position and a simple bump in interest rates to historical levels would nearly satisfy the windup shortfalls. So whilst in this environment it is clearly advantageous to try to get someone else to cover the employer's obligation. In the future we may see higher interest rates return ( the actuarial measure for determining pension plan health) and I suspect the contribution holidays will be once again enjoyed by the employers. Interesting side note, the contributions are tax deductions within the pension plans, as are employee contributions, but if the plan is deemed in surplus as was the Air Canada plans just a few years ago, the employee contributions continue but the employer contributions are disallowed, of course the employer could have set aside the contributions but this would be after tax money in this case. As for defined contribution vice defined benefit or for that matter ESPs, the single largest difference that seems to be missed is the defined contribution and ESP never shows surplus or deficit to a goal, it merely reflects a current value. A defined benefit and its current state of funding reflects the situation relative to a defined goal. There are many winners and losers in the investment game, are all the defined contribution plans winning or are many just looking at the large sum and not the likely result of a small change in financials (interest rates, inflation, etc)? A defined contribution plan let's you be the master of your own fate and I am sure a few are totally in control and have the knowledge to understand the situation, I speculate that many are simply awed by the sum but are not aware of what it really means in the long term. There will be some big winners in the equity markets ... good luck, and smart investing can produce good results, usually. Joe