Flickr Recent Photos

DSC_0080DSC_0071DSC_0070DSC_0064DSC_0053DSC_0051DSC_0049DSC_0047DSC_0044Easter

Archives

Translate

    Desired language:

Really, U.S. children are obese? Surprising...

Is this article really any surprise to anybody living in America right now?  There is an audio interview on the page as well…

Study: Extreme obesity affecting more children in US than ever before

Extreme obesity is affecting more children in the United States than ever before, according to a new study.

More than 700,000 children aged 2-19 in southern California were included in the study by healthcare provider Kaiser Permanente.

According to the study, more than 7% of boys and 5% of girls were extremely obese and one in twenty are a full 50% above what doctors consider healthy.

The organisation says obese children face a shorter life span and health problems in their twenties, unless they change their lifestyles.

The World Today’s Ed Butler talked to overweight teenager D’Vonte Pullen and obesity expert Tami Foy.

More pockets of hope...courtesty of India (again)...

Another uplifting article I read about educating the underprivileged in India…

Indian school helping the brightest Muslims

In a congested part of Patna, capital of India’s Bihar state, stands a striking yellow building – a 100-year-old mansion that has clearly seen better days.

Inside it, in a small dark room, a young bearded cleric is reading out sermons from the Muslim holy scriptures to a group of boys seated cross-legged on the floor.

They are in their late teens, some are wearing skull caps and they all listen to him with rapt attention.

At first glance, this could be any of the region’s hundreds of Islamic seminaries or madrassas, where young Muslims receive religious instruction.

But this is no ordinary seminary.

After prayers, the boys head out to a classroom, pen and notebook in hand, where they listen with equal attention to a lecture on advanced mathematics.

This is the unusual setting for Rahmani 30 – a training institute which prepares talented but underprivileged young Muslims for entry into India’s best engineering colleges – the Indian Institutes of Technology (IIT).

Only the top 2% make it through the stiff entrance exam.

Getting ahead

India’s large Muslim minority is consistently placed at the bottom of social and economic rankings.

Part of this has to do with education – most Muslims end up studying in madrassas, which means they have little chance of being employed in the private sector or government.

So the significance of Rahmani’s initiative is not lost on anyone.

It is the brainchild of a senior Bihar police officer, Abhyanand, who takes time off from his day job to teach the boys physics.

Rahmani was inspired by a similar school – the Super 30, where Abhyanand used to work and which is also aimed at poor children but not Muslims exclusively.

“In our country, any difficult examination is very fearful because a huge number of students take part but only a few get in,” Abhyanand says.

The advantage at Rahmani, he says, is the kind of students they get – mostly from poor backgrounds and determined to get ahead in life.

“They come from a rural background and that is their strength. They become competitive because, for them, it is a win or lose situation.

“If they don’t make it they don’t stand anywhere [socially and economically].”

Great chance

Irfan Alam, 15, the son of a barber who is preparing for the IIT exam due to be held in 2011, says it is a great opportunity.

“I wanted to make something of my life, become someone,” he says smiling shyly.

“It’s the perfect platform. The teachers are amazing and the best part is that it’s completely free.”

It is a chance that few others where Irfan comes from will ever get.

His village is a good four hours drive north of Patna, with lush green wheat-fields, narrow dirt tracks and few proper buildings.

Most people here work as farm labour and a large number of the men are barbers by trade.

I meet Irfan’s father, Mohammad Shafiq, outside his modest, two-room hut made of mud and straw.

Now recuperating after an eye operation, he tells me how his son displayed flashes of brilliance as a child and soon outgrew his village school.

So he decided to send him away.

“Nobody studies here. Most of the teenagers waste their time or start drinking heavily.

“I can’t read and write myself and it was always my dream that my son should be educated and not become a barber like his father and grandfather.”

Back at Rahmani the classes are done but the studying continues late into the night.

Irfan sits with three of his friends inside his little dorm room, poring over textbooks and brainstorming.

In another room, one of the teachers uses a webcam to conduct a tutorial with students in another part of Bihar.

Cultural debate

It’s a fascinating mix of the traditional and the modern.

“The basic philosophy of a madrassa is that the boys live, eat and study together. There is no distinction between rich and poor – everybody is equal,” says Maulana Wali Rahmani, an influential cleric who heads this institute.

“There’s also a culture of open debate. It’s something I experienced myself while growing up in a madrassa. So we thought, why not channel these strengths in a whole new direction and see what we can achieve.”

To find out how spectacularly they have succeeded, you need to travel 1,000km (625 miles), to the national capital, Delhi.

It is a completely different world in the tree-lined, sprawling IIT campus.

Young men and women stroll into their classrooms, dressed in jeans and T-shirts, back-packs slung over their shoulders.

These are India’s brightest brains, many of whom will go on to work in the country’s top software companies or head to Silicon Valley.

Among them is a shy, earnest young man – Shadman Anwar, part of Rahmani’s inaugural batch of students last year, all 10 of whom made it through to the IITs.

“It’s been a dream come true, being here with all the other students. And I don’t feel as if I’m any different,” he says.

His is the kind of confidence that has helped raise expectations at Rahmani, whose administrators now want to establish 10 similar schools over the next couple of years.

India’s Muslim community is often said to have under-achieved, plagued by poverty, low education standards and a conservative outlook.

Now in one of India’s poorest states, a small initiative is trying to break the mould.

Pockets of hope…always nice to see…

You know what's funny?

When you have one of those fancy shmancy atomic clocks.  And you live in Arizona, the only state not to follow Daylight Savings Time.  And you have an alarm set on said fancy shmancy atomic clock.  And your wife (Emily) also has a backup one set for a few minutes later on fancy shmancy iPhone just in case.  And the fancy shmancy iPhone alarm goes off in the morning, but the fancy shmancy atomic clock alarm does not.  And you are all confused, because the fancy shmancy iPhone is now reading an hour ahead of the fancy shmancy atomic clock, but before the time that the fancy shmancy atomic clock had its alarm set for.  And you go to Church.  And when you get there, you realize hey…the iPhone isn’t so fancy and shmancy afterall.

Yup, iPhone sprung forward (incorrectly), while the fancy shmancy atomic clock held its ground as it should.  We salute you atomic clock, and all your fancy shmanciness.  iPhone, you both (Emily’s and mine) need to learn that Arizona does not support Daylight Savings Time.  You will be turned off in the Fall.  And the subsequent Spring.  :)

Enjoying the sunshine

While it still feels great to be outside I’m trying to be outside more often. Last week we brought some blankets and toys outside and just enjoyed the warmth and sun.DSC_0026

I worked on sewing the binding on the quilt I am FINALLY finishing. It’s very slow moving. Either I need to learn to sew faster or I might just give up and machine do it. I really don’t want to though so it’ll probably just take me another two years.DSC_0042

Morgan had fun playing with some blocks, putting them back and forth between the basket and their box.

DSC_0075

I sewed a simple bag to hold clothespins, and Morgan likes to play with it, taking them out and putting them back in.

DSC_0045

Toby wasn’t sure what to think of all this and kept trying to eat the grass/clovers.

DSC_0063

One thing Morgan likes to do is play with this lid. About a month or two ago I think she figured out it looks funny to squish it against our faces, and of course we ham it up a little.

DSC_0052

She has also started squishing it against her own face and trying to look through it…

DSC_0053

And while we were playing she tried to put it towards Toby. Figuring he wouldn’t go for face squishing (kinda hard when you have a snout) I made it a hat for him instead.

DSC_0066

Poor dog looks so tortured in this picture. I imagine he’s wondering why we humiliate him so much by making him look ridiculous. It’s all for the sake of kid play, Toby. Sorry my friend!

Your Weekly Wednesday Dose of Real Estate and Finance Knowledge

I am going to start theming my posts. As previously discussed, I have a lot of interests and try to keep current on what’s happening in the world. None of you may give a hoot (don’t pollute) about what I may share, but if one person makes a more informed decision partly because of it (I love more information) then it’ll be worth it. YWWDREFK is a lot shorter than typing that big title out. I’ll be using that acronym to title these posts.

I’m not going to try and get too deep here, at least not initially. Nor will I try to interject my opinion unabashedly. So here it goes…

Have you heard of dollar cost averaging? The folks on financial TV like to throw the term around in regards to investment strategy. What it all boils down to is this: if you own 5 shares of a stock that you bought for $10, you are in that investment for an average of $10 per share (duh). Now the stock is worth $5. The proponents behind DCA will say it is a great time to buy.

This is how. Now you buy 5 more shares at this new $5 per share price. When added to your existing 5 shares, you now own 10 shares for a total cost to you of $75. This makes your DCA $7.50, or 25% LOWER. That is the selling point. You are now in your investment for a lower average cost. So you can “break even” if the stock only goes up by $2.50 now rather than $5.

But what is never mentioned is that this costs EXTRA money (duh). For some, it is a wise strategy, for others it is not. Something very very similar occurs in the Real Estate (RE) market.

You will keep hearing that home values are rising. I read reports of it everyday. If you pay attention to the details backing many of these statements, you will recognize a similarity to DCA, albeit the opposite.

Let’s say 5 homes sold last year, each one for $200,000. That would make the average price of each home sold $200,000 (duh). Now let’s say this year 5 more homes sell for $400,000 each. When you add them all together, you now have 10 homes sold for a combined $3,000,000, or an average price of $300,000 per homes.

Did prices go up? Well, on average they did. On DCA a home “increased” in value by 50%. You will hear this about many markets, without further explanation behind it, but we will delve into that in later posts. Some RE indices try to take care of this by focussing on “same home sales” rather than the example I provided above.

There is no perfect model though. Repeat sales could go like this…a flipper buys a home for $250,000 all cash. They don’t need to do anything to it other than flip it to somebody else who will be financing their purchase. They received a discount due to paying all cash. They also expect to make money when they sell it, and they do in only 1 month for $300,000. Did home values just increase by 20% in a single month? With that model, they did. What this model has a hard time with is applying increases in price over time and the impetus behind the increase (annual inflation premium, cash discounts, etc.).

Until next week…you can make any piece of information support any side of the claim…