Sports Barn Sprint Tri 2007

I forgot to add this last year so I’m going back in time to add it in at its proper place…

This race was a great success, as I was able to improve my time even though I was only able to get in minimal training due to some ill-timed minor surgery. So here are the stats:

  • Swim 10:54
  • Transition 1 was lost due to equipment failure so its contained in bike portion
  • Bike 32:19
  • Trans 1:57
  • Run 20:28
  • Total 1:05:37

This shaved two minutes off my last SB Sprint in ’04. I also beat 139 people instead of just 74. None to shabby considering my training issues.

Work Stats

Everyone should read a great new book out called The 4-Hour Workweek.  Here are a few work stats from the web site:

Compared to 1970, American managers are working an additional month per year

In 2005, a psychiatrist at King’s College in London administered IQ tests to three groups: the first did nothing but perform the IQ test, the second was distracted by e-mail and ringing phones, and the third was stoned on marijuana.  Not surprisingly, the first group did better than the other two by an average of 10 points.  The e-mailers, on the other hands, did worse than the stoners by an average of 6 points

26% of Americans take no vacations at all. Only 14% of Americans take two weeks or more at a time for vacation. The average American therefore spends more time in the bathroom than on vacation.

People work approximately 8 weeks longer per year than in 1969—in the space of a single generation—but for roughly the same income (after adjusting for inflation)

40% of employees work overtime or bring work home with them at least once a week

Average Annual Vacation Days
Italy     42
France     37
Germany     35
Brazil     34
Britain     28
Canada     26
Japan     25
USA     13

First Born #1 In Smarts

The eldest children in families tend to develop higher I.Q.’s than their siblings, researchers are reporting today, in a large study that could settle more than a half-century of scientific debate about the relationship between I.Q. and birth order.

This is, of course, old hat to some like myself. It’s about time researchers caught up with what us first born have know for years: we rock! Intellectually of course.

What I didn’t realize was that I apparently my 3% of superfluous brain matter by not attending a “elite private liberal-arts college [instead of] a less exclusive public one”. And all the while I thought I was smart for getting an equivalent education for $100,000 less. (Do student loans make you sharper?)

Unfortunately for “late borns” the trend seems to continue – downward. “Eldest children scored an average of 103.2, about 3 percent higher than second children (100.3) and 4 percent higher than thirdborns (99.0).” But not to fear younglings: while first born children win more Nobel Prizes, “younger siblings often live more adventurous lives” than there older counterparts.

Parents are apparently mostly to blame. While most parents are pushing their eldest to cure cancer, younger siblings must resort to base jumping to get needed attention. Still many researchers are very, very excited about this study. Frank J. Sulloway, had this to say:

“I consider these two papers the most important publications to come out in this field in 70 years; it’s a dream come true.”

Sulloway, a psychologist at the Institute of Personality and Social Research at the University of California, Berkeley has obviously not had sex in many years.

Fair Tax Anyone?

I came across this info again today so I thought I’d post it out there again. People need to realize what the “tax cuts for the rich” that are about to expire under the Democratic congress entail:

  • Reducing the lowest tax bracket from 15% to 10%
  • Eliminated the tax penalty for married people filing jointly
  • $400 child tax credit
  • Reduced capital gains rates (55% of Americans own some stock)

Married? Kids? Have a 401k? Actually pay taxes? Congrats, welcome to the ranks of the rich. Your taxes need to go up to help support all those people that don’t pay taxes.

BUT WAIT! If its a money issue, what about the all time record for taxs collected in April? Some may wonder, how can you collect more taxes after reducing the tax rates? Its simple economics that can be simplified into a parallel involving burgers. If you started a restaurant that sold $100 burgers – well you’d probably have a lot of free tables. Meanwhile, McDonalds has proven you can sell a crap load of burgers for a buck. The point is that just like with selling something: raising the price/rate doesn’t always generate more total profit. Sure that one $100 burger has a great profit margin but selling 2 verses 2 billion changes which business model wins. (Now to be fair you could sell even more burgers for a penny, but your margins at that point would be negative. So the same arguement can be made that you a certain minimum tax rate to generate significant revenues — which is true. The point here however is that raising the rate does not always raise the revenues.)

Still don’t believe me that you are “RICH”? Check out the numbers below and you’ll discover that if you make at least $30k – you’re rich.

This is the data for calendar year 2003 just released in October 2005 by the Internal Revenue Service. Here are the wage earners in each category and the percentages they pay:

  • The top 1% pay 34.27% of all income taxes.
  • The top 5% pay 54.36% of all income taxes.
  • The top 10% pay 65.84% of all income taxes.
  • The top 25% pay 83.88% of all income taxes.
  • The top 50% pay 96.54% of all income taxes.
  • The bottom 50% pay a paltry 3.46% of all income taxes

Think of it this way: less than 3.5% of income taxes in the United States is paid by someone in the bottom 50% of wage earners. I need to repeat that: the bottom 50%. We’re not talking about the bottom 10% poorest of the poor here, or even the bottom quartile of the country. We’re talking HALF THE COUNTRY. Are the top half millionaires? Noooo, more like “thousandaires.” The top 50% were those individuals or couples filing jointly who earned $29,019 and up in 2003. (The top 1% earned $295,495+)

So I say again: Fair Tax anyone?