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18 October 2008

Tips for playing in IWON part 1

Tips for playing in IWON part 1

Since I have noticed that there are others out there that have an interest in the IWON web site I thought that I would pass on some of the insights that I have come across as a user myself and maybe pass along some tips that I have picked up in the many lost hours spent trying to actually win something on IWON. As I write this the IWON website claims that there are 2,195,042 registered users so maybe one of you will find this interesting.

First of all, if you have a slow computer or a slow connection to the web, don’t even bother. IWON is a power hog. It will use whatever you throw at it and still want more. It continually updates (though I am not sure that is the true term for it) its pages and each update seems to require more resources than the last. They are continually looking for ways to through ads in your face so just be aware of that going in.

If you do decide to register the first thing I would do is set up one of their free e-mail accounts first then you use the e-mail account to register your IWON game account with. Be forewarned though, the e-mail account in the old days was pretty good and useable but they have made changes that have turned made it a pain to use. Remember those ads I was talking about. They have managed to use up a lot of available space on your screen leaving very little to actually read your e-mail with. Also note that their spam detector is not very great, and then couple in the fact that just selecting the e-mail from the list opens a preview pane which is equivalent to opening up your spam and publishing your e-mail address is like asking for one bloated e-mail account.

So why get an e-mail account from IWON? Because everyone should have at least one throw away account and this can work for that purpose as well as being a useable interface with IWON themselves. They tend to send out a fair amount of stuff on their own, but if you do actually win something this is a good way to be notified of it. If you do sign up, be sure to uncheck many of the boxes concerning your interest in your preferences setup or they will see that as an open invitation to send you e-mail.

As far as the winning of prizes is concerned, please don’t get your hopes up too high. They claim to have given away over $72 million dollars worth but that number has not changed much in the last few years. I recently noticed that the prizes they do give out are getting smaller and less frequent, if at all, with an IWON water bottle being the latest addition.

Just be aware that the odds are strongly against you winning anything. I have been a player since Oct 1999 and only recently won three $10 Amazon gift certificates. If you spread that out over the time spent it might work out to about $0.0000001 per hour. Don’t view this as a part time job or count it towards your retirement plan. It will give many of you a good appreciation for what the odds of winning a lottery are without having to drop real money. Trying playing the sweepstakes with any strategy you wish and in as many ways possible. If you win, share your secret, but if you are like the great majority of us, fill grateful you weren’t using hard earned dollars.

You may have noticed from the above that I have not discovered the secret to winning the daily, monthly or annual sweepstakes so I can’t pass on anything there. I still play but what else are you going to do with all those coins. What are the coins you ask? Well, as you play the various games on IWON you can win and earn coins. Save up 100 coins and you can make one entry into one of the sweepstakes. It is not too hard to earn some coins but it does take some time. It takes a lot more time than it used to in the old days when compared to making the equivalent number of entries into the sweepstakes. In fact I don’t think you can make in one day the number of total sweepstakes entries you used to get in the past.

This is Ed Nef with a view from the Farr West.

Click here to go to IWON Tips Part 2, Part 3, and Part 4, Part 5, and Part 6 (SquareBob Spongepants Collapse).

23 September 2008

Stop Congress from acting

We are faced with the biggest financial crisis since the Great Depression, or so they say. If Wall Street collapses Main Street will also, or so they say. If the government doesn’t step in and buy up all the bad mortgages then millions will lose their homes, or so they say.

The headlines and the talking heads have been heaping up a whole light of gloom and doom lately and in the wake we the American people and more especially the tax payer are headed for disaster. We can ill afford the plans being offered and the actions about to be taken. You cannot continue to cover up a mistake with a bigger mistake and hope no one will notice.

Let me present a simple little story to try to make a point. A local furniture store opens for business with the hope of making a profit by selling its wares to the local community. In the process they stock inventory that they hope will appeal to the local population. Some of it does and some of it doesn’t. Some of it is priced where the average person can afford it and some of it is priced way beyond the reach of the local community. Those things that appeal sell quickly while those that don’t sell are marked down to a price where they will sell. The business learns what the market wants, adjusts its inventory and repeats the process having found a formula that creates a long lasting relationship with the customer in the community.

Another furniture store opens for business and does a good job for awhile but management doesn’t understand the needs of the community. They stock inventory that suits their own desires and ideals and for awhile they see some sales but they begin to taper off. The furniture is just too expensive for what it is and the local economy can’t afford to splurge on these items even if they wanted the styles this store has to offer. As sales continue to fall, they finally reach a point where they can no longer stay in business. The last month the store has signs hung in the window that read ‘Going out of business Sale’ as they try to reduce their stock and payback their creditors. The final days see the owners taking any price on the remaining inventory in an effort to clear the books. The bargain hunters and shoppers find items finally at a price they can live with and clear out the remaining inventory of the store.

Meanwhile the successful store sees a slowdown in its sales temporarily as the ‘going out of business sales’ have taken away some of their shoppers. This only lasts for a little while though, as the successful business continues to provide their community with the right mix of product and price.

This is how business has worked in this country and around the world for years. That is what capitalism is about. Freedom to enter the market and exit the market as the market dictates. If you do things right you are rewarded, but if you do not get things right, you correct your methods or you go out of business. It works on a small scale and it works on a large scale.

If the government decided that the second furniture store should stay in business and decided to loan them enough money to pay their salaries and utilities and they stepped in and bought at full retail all the furniture they couldn’t sell, they could keep this company in business but only for as long as they were willing to pay for their salaries, utilities and buy their crappy inventory. If the company continued to operate the same way as they began it would take continued infusions to let them continue to exist.

Also, how fair is this to the first company? They also wish to remain in business but they have a plan that works and they have been successful in implementing that plan. They do not need the assistance or handout of government nor do they seek one. Is it fair for them to have to pay taxes that are transferred to their competitor just because he is not able to meet the needs of his customer? Is it fair to penalize the first company and reward the second? Is this the government’s role?

If we truly believe that America is great and want it to continue to be great, then we trust in those things that made it great. Freedom is one of them, Capitalism another. This is not a matter of scale, but rather of core values.

If the financial institutions have bad paper on their books then let them mark them down to true value and take the hit to the income statement. If they no longer want to own them, let them take them to the market place and get whatever price another is willing to pay. There is generally a market for everything; you just won’t necessarily like the price. If after selling off your bad inventory and you still find yourself in business then congratulations you are still alive and kicking. If after selling off your bad inventory and you don’t have sufficient cash flow to survive, then close shop, learn your lessons and start again.

Learning the lessons is not an easy thing to do. Some never learn. Some give up and never try again. Some try again but end up doing the same thing they did the first time. Some actually see what they did wrong; make adjustments and move on to bigger and better things. There must be consequences both for when we fail and when we succeed. This is America at its finest.

So what is wrong here, or should I say what are some of the things that are wrong here because there are many and that means there is not a simple single fix that will take care of everything.

As much as there is a cry against deregulation, that is not the problem. There is still more than enough regulation to choke a horse it just needs to be applied, consistently and equally to one and all, no favoritism. This runs throughout the financial world and many aspects of our economy.

The housing problem is a very large issue and one that has been compounded by previous bad responses. It is a market bubble with many providing the hot air to blow it up. Stemming from the last mortgage bail out of savings and loans with the RTC, the continued tax subsidizations that Congress passes to promote debt, and the tax laws that encourage and advantage those that speculate in real estate, it is no wonder that the bubble has ballooned to a point of explosion. If we continue with these proposed fixes then we are just slapping a band aid on the balloon and trying to force more air into the bubble.

All balloons can only hold so much air. There is only one way to find out how much it will hold, and after you find out, it will never hold that amount again. Then you are left looking for a new balloon.

Instead of all this governmental intervention to circumvent the markets, let’s make a way for the market to take over and work the way it was meant to. Let stability return to the market place naturally. Let the rules work naturally as they always seem to do no matter how much governments try to change them.

We will get through this. I just don’t want it to be harder than it has to be.

This is Ed Nef with a view from the Farr West.

Energy solutions?

I have seen a couple of commercials lately that have caught my interest but then created disappointment and just a touch of anger. The two I am talking about are the ones espousing T Boone Pickens Plan and the other being the We Can Solve It group.

It seems like every other ad these days has an internet address attached to it for further information and in some cases the only way to find out any information about the company that is doing the advertising. In most cases, probably 98 times in 100 I don’t give the ad a second thought and very seldom if ever actually go to the web site. In fact I am almost anti web page advertising and actively ignore some of the more gimmicky ads like the one that starts you off on some adventure and then wants you to go to their web page to see what happens next. Sorry I haven’t done it yet and don’t intend to. I just don’t manipulate that way.

Curiosity did get the best of me on these two though because they are covering topics that I have had an interest in, or at least I thought I did.

As when American with a pulse knows the price of gasoline has gone up a little bit lately and it has caused some concern. T Boone Pickens, an oil man who has made a fortune from the oil industry is also concerned and has decided to put his money into letting us know of this concern and at the same time offer up a proposal on how to solve this dilemma we now face.

His proposals for the most part are sound with the stated goal of getting America to do some basic things that would significantly reduce our dependence on foreign oil. He suggest converting some of our transportation vehicles such as trucks and buses to run on natural gas which burns more cleanly and is a product that this nation has a rich abundance of.

This approach has a lot of merit but will take a little time and some commitment on people and companies willing to break some new ground. The infrastructure for refueling vehicles with natural gas is not nearly as abundant as it is for gasoline and diesel. As demand goes up so will the facilities. I have a friend right now that is converting to natural gas powered cars and he is loving it. He has to plan his fuel stops but when he fills up it only costs 8 or 9 dollars as compared to the 45 to 50 it has been costing me. He deserves those bragging rights.

The downside is planning a long cross country or even a short trip to grandmothers house will take extra effort to make sure there is fuel available along the way. There are some cars that are dual fuel machines and can run either or but most are single fuel choice. Another setback is the added weight for carrying the heavy high pressure tanks that hold the fuel. This will reduce the performance of the vehicle and I am including handling as part of that.

Another key ingredient to the plan is to really start harvesting one of the energy sources that America has an abundance of, namely the wind. We have all seen the pictures of big wind turbines and some of us have actually seen them in action. They can be quite impressive. Some of the wind farms are immense and make quite an impact by its presence. I have seen wind farms in the hills of California to the high Wyoming valleys. I have seen giant windmills on the hilltops of Greece from 35,000 feet wondering what they would look like at ground level if they where that easily seen from that height. I have seen large single windmills set within city limits and on military installations supplying energy to their communities. I have also seen small single units and testing units churning away producing energy. Each time a see a modern era windmill silently working away I am impressed.

I have often driven through the back country of America, for lack of a better term, and have past often old and forgotten windmills that used to serve the ultimate off the grid user, the ranchers and farmers of the west. These old windmills had one important function, bring the water from the well to the surface to water crops, livestock, and family.

There is so much potential for wind and I hope that it begins to be realized. If interest grows then technology advancements will also grow and increased efficiencies will be injected into the equation making the cost benefit analysis of wind a great alternative energy source. The one thing missing in most all of these arguments is a true comparison of costs.

I think that the cost issue may account for the lack of mentioning of photovoltaic or solar cell technology. Again though, as interest grows technology advances and possibilities increase.

More information about the Pickens Plan can be found at:

http://www.pickensplan.com/index.php

The other advertisement that has had a lot of airplay lately is a group of people taking about the current problems we are having with the high cost of oil but ends with the collective resolve that we can solve it by demanding action.

Before I go any further let me tell you up front what it took a very little digging to find out. This web site is a front for Al Gore and his politics. It is totally centered on his vision of the environment and his environmental manifesto. Just know that going in. I for one was greatly disappointed by this fact.

The commercial has great power in that it alludes to the people of this land banding together as individuals and making changes within their own lives and actions they can take that will lead to a ground swell change. The kind of changes made for individuals by individuals. Changes that come from ideas that are freely shared, and expanded upon by individuals, with the common goal of freeing ourselves from the oil crisis.

What you get is a call to become a political activist and demand Al Gore’s environmentalist programs be turned into Congressional mandates. He has already conned more than 1.5 million into signing up. This means he can weld some influence in Washington which is easily pushed over by such silliness. Do all of those that signed up on the web site really understand that they are giving their voice to the personal fancy of one man?

There are the solutions already mentioned but without any detail nor again any cost benefit analysis which is to be expected of a long term politician. It is easy to say we should enhance energy efficiency and adopt the use of renewable energy; it is a whole other ball game when you actually infuse it with a real plan of action. And that is where Al Gore fails. He wants to set the goal that sets the agenda and he wants others to figure out how to met his goal and then he can take credit for it while he calls it innovative leadership.

Al Gore’s web site can be found at:

http://www.wecansolveit.org

My biggest gripe for both of these movements and especially Al Gore’s is that they both call for government action. Both want government intervention to force and fund full implementation of their plans. That funding would come from taxpayer dollars and changes would be mandated is where these plans break down. If they are viable worthwhile goals, both economically and environmentally, (which I think they are), they should be able to be implemented directly without the need for government mandates, infusions, or interventions.

Of the two plans at least Pickens is putting some of his plan into real action by starting wind farms to harness and produce a real change. I can assure you that he will only do this as long as it is economically viable and that is the other reason for him to seek government subsidization, but a better way would be to continue to seek ways that would make it profitable on its own.

The last energy crunch of the 70’s created a surge in wind generators and solar cells that were heavily subsidized with tax breaks. Because the cost break even points were artificial, true cost benefits were not needed. The quality of the products that were rushed to market to fill the new tax subsidized industry were subpar and new technologies were not needed because existing or old tech would meet the rules for tax write off purposes. When the wind generators broke they sat there broke because it was not worth putting any money in to fix them.

I don’t want to see us head down that path again. We can’t afford to waste time and energy on more knee jerk reactions that continually shift the problem. We need real solutions from real people for real people, not government solutions for the masses. If the government would kindly leave some money in my pocket rather than continually confiscate it for ill conceived plans, then maybe I as a consumer could create an influence through my actions and choices that would make a real difference. Maybe I could afford to support by investing in a wind farm of my own, or at least buying a solar system for my house. One that put money back into my pockets because of savings and sell back would make it all the more sweet. That is where you start and that is how you make it work.

This is Ed Nef with a view from the Farr West.