Book Review: “Boomerang : Travels in the New Third World” by Michael Lewis

I have been a big fan of Michael Lewis, having read many of his books including the related one “The Big Shorts” and others like The Blind Side, Home Game, and Coach. This one is especially enjoyable as the book is broken down into small parts for how each of the countries or regions inflicted the financial disasters on its own: Iceland, Greece, Ireland, Germany and California Cities (San Jose and Vallejo). If you have ever wondered why Iceland, Greece, and Ireland managed to get themselves into the financial disaster in 2003 to 2008, you should read this book. And if you have ever wondered why Germans got suckered into the European Union to bail out those “New Third World” countries, you should read this book. As a California resident and one living near San Jose, I came to realize how California cities got into this financial mess from this book. As the “boomerang” title implied, those countries/region basically boomeranged back to being the Third World countries after risen up many decades ago. Michael Lewis’ story telling skill is humorously entertaining and penetrating without any excess. I utterly enjoyed this book and you will too.

My summary:
Iceland: too much in-breeding (“One Big Family” – homogeneous) and group thinking without too much financial intelligence. No one or poorly-trained people (Philosophy-degreed financial minister) was watching. Due to their risk-taking nature as fishermen, they took out loans from abroad and started buying companies/assets and paying crazy prices for them and traded “fake capitals” among themselves. It’s amazing that Iceland practically “privatized” fishing by assigning quota to each one. The great fisherman could then trade his quota (% of total haul) for money, giving the person to borrow money against this quota (securitized). Lewis also touched on the tension between the men and women in Iceland. What an interesting Iceland culture!

Greece: All Greeks cheat on their taxes. The government (a “pinata stuffed with fantastic sums and give as many citizens a possible whack at it) has no financial control and couldn’t keep their books right. Bribing the government officials (except the financiers) are a standard practice. Tax codes are not enforced. How the Vatopaidi monastery got themselves a huge enterprise was incredible (trading an ancient useless lake for valuable commercial lake front properties, thanks to “forgiving” certain high-level officials and the rich and famous). The culture of Greece is such that “it behaves as a collection of atomized particles, each of which has accustomed to pursuing its own interest at the expense of the common good.”

Ireland: The Irish used borrowed money to buy Ireland real estates from each other. Thanks to foreign money keeps pouring in, Irish discovered optimism. And the central bank regulator wasn’t watching. The big differences between the American banks and the Irish ones are that the Irish big shots went down with the banks from the “Ponzi” schemes they themselves believed in. The incredible decision by the Ireland government to assume all 3 large banks’ liability may have plunged the Ireland back to the Third World country status. The story of the rotten-egg thrower at the CEO of the AIB was an interesting touch.

German: Germans, based on their culture, seem to be fascinated with “shit,” “dirt,” “ass,” and etc. They enjoy playing in the “dirt” without getting dirty – obsessed with cleanliness. They are seen as naive as they expect everyone to follow rules to the letter include driving in traffic. AAA-rated bonds (thanks to re-packaged sub-prime loans) are supposed to be risk free! They lost a bundle of money. And the funny thing is it’s a taboo to express “patriotism” hence you can hardly see a German flag.

California, San Jose and City of Vallejo: The title of this chapter in the book is “Too Fat to Fly.” The people of the California, despite its famous governator, Arnold Schwarzenegger, still could not govern themselves. The public workers, through their unions, voted themselves fat raises and ended up bankrupting the government (e.g. Vallejo). The theory is that when living in abundance, somehow we lose our ability to self regulate because of our core lizard brain. Two possible end games: destruction (like the parable of pheasant – too fat to fly and ended up being eaten by a fox) or hit bottom and face the pain – the best scenario.

Book Review: “Behind the Beautiful Forevers: Life, death, and hope in a Mumbai undercity” by Katherine Boo

I was attracted to the title of the book. It sounded so good. As soon as I started listening to the audiobook, I saw the irony of the title; the story was neither beautiful nor pleasant with a happy ending. The stories was about this Muslim family living in the Annawadi slum next to the Mumbai airport as scavengers of bottles, metals and other valuables from the garbage dumps. Just when the family accumulated enough money to remodel their hut, the breadwinners of the family, father and son, were hit with a murder charge against them. They were able to defend themselves without giving in to bribing the officials and ultimately won their freedom but then they’re back to their previous poverty, starting over…

The author painted a very corrupt picture of the Indian justice system as well as the elected officials and the people running the government, e.g. bribing the prisoners to see the loved ones, bribing the witnesses, bribing the police to be let off the hook, bribing the doctor to allow one to be tried as an adolescent instead of an adult, and etc. The system feeds on itself so that the rich rigged the system to sustain their wealth (like setting up fake entities to receive government subsidies), poor continues to be poor because they are too poorly educated to secure high-wage jobs, the middle class (like police, doctors) have to be corrupt to fight off poverty.

It’s sad that people were in such despair about the future living the slums that several characters in the story killed themselves by eating rat poison and even setting fire on herself. Do they really see no way out and they simply give up – tired of fighting the status quo?

The book through several characters also touched on the inequality between the Muslims and Hindus in the Indian society, men and women, poor and rich.

After reading this book, I came to appreciate how good of lives we’re living here in U.S. There is “sufficient” amount of meritocracy built into the American system that most people believe that given sufficient effort and some luck, they can improve their lives and things will get better. Unfortunately, most of the people living in the slums of India, especially the women and minorities, do not feel the same way. Of course, I’m certain this type of things happen not only in India but also in China and other developing countries.

I enjoyed the audiobook very much as the audiobook narrator brought out the characters in mimicking the Indian accent wonderfully, like hearing the quotes from the people themselves. At the end, I was surprised to realize that the book was a non-fiction. It’s meticulously researched, written and produced (audiobook) – highly recommended.

My Yam (Sweet Potato) Harvest

I planted the yam or sweet potato in my raise bed over 3 months ago when the yam we bought from supermarket sprouted. It has since taken up a big part of the raised bed. So I decided to harvest it to make room for the upcoming winter crop or other edible plants that don’t take up as much space. Below is a video of my harvest.

I didn’t get much new yam out of this crop. I suspected my 6″ raised bed was simply not deep enough for this type of the plant. Should have planted it in a container. But I did manage to harvest lots of leaves, which I later found to have high nutritional value. See this video for someone who has eaten the leaves and lived to tell us about it:

Here’s a picture of the Yam Leaves dish that my wife cooked up. It’s sauteed with garlic:
Yam Leaves
Lessons Learned:

  1. Plant yam in a container so it doesn’t compete for soil space.
  2. In addition to the yam root, yam leaves can be harvested and have high nutritional value.

Book Review: “The Hands On Gardener – Pruning” by Smith and Hawken

I grabbed this out-of-print book from the library to brush up on pruning to prune the trees/plants during the winter dormant time.

I have been successful at pruning my fruit trees last winter that resulted in a wonderful crop of Fuji apples this summer. Thought I might learn a few more things from the book and I learned there is a science to pruning – not just caring for the direction of the shoots and inside opening that I knew. Overall, this makes a good reference book.

The “tip” bud (the highest bud on each shoot) produces two hormones: one encourages the shoot or grow vertically and the other prevents dormant buds below the tip bud from producing shoots that will compete with it. Wow, what an amazing communication mechanism within the tree.

Various types of flowering shoots:

  1. Terminal-flowering shoots (plants the grow only once on the current year’s growth, partially or fully leaved-out before flowering begin)
  2. Second-Year Flowering Shoots (current spring’s bloom comes on last year’s growth). They are constantly producing flowers farther and farther from their center. E.g. Peaches
  3. Summer Flowering Trees/Shrubs (plants that make new shoot growth in the spring to store up enough food for blooming in the summer through the fall).
  4. Spur-type Flowering: flowering at the same location. E.g. apple, plum, cherry and pear.

Tree Shapes:

  1. Decurrent and Excurrent Crowns: Decurrent trees are trees with wide, rounded corwns with may tip buds completing for the dominant position are called decurrent trees. Has more than one trunk. Excurrent trees maintain one trunk up through the entire height of the crown – have strong tip-bud dominance at the top of the central trunk.
  2. Primary and Secondary Scaffold Shapes: Standard Scaffold, central leader scaffold, open-center scaffold, delayed open-center scaffold.

When to prune:

  1. Spring pruning (or dormant or winter pruning): no leaves when stems are still dormant. Can stimulate new branches.
  2. Summer pruning: thinning the canopy (reduce the size after all the bloom from spring has died back).
  3. Winter pruning: most dangerous time to prune in cold climates. In moderate-winter climate like California, it’s common to complete all pruning by Thanksgiving.

Tools of the Craft: hand clippers, loppers, pole pruner, ladder, large handsaw, chainsaw, hedge clippers, sharpeners, wide-brimmed hat, sunglasses or screened goggles.

Method of pruning: pinching back, shearing, disbudding/rubbing, deadheading.
Anatomy of a proper cut: correct cuts next to the dormant buds, clip for direction, identify the branch collar, cut big branches in 3 steps, removing suckers.

Special measures to encourage growth: I’ve heard about this but it seems counter-intuitive. Notching (scarring) the bark below a bug on a fruit tree can turn a dormant bud into a flower bud. Ringing (removing a strip of bark from around the entire circumference of a branch – width of 1/4″ or less): a courageous measure used for branches that refuse to flower.

The rest of the book goes into detailed pruning techniques per chapter for specific type of plants like roses, perennials, vines, hedges, shrubs, and trees, fruit and nut trees, and espalier. I didn’t bother to read them as they get too specific for me.

Windows 7 Update Kept Failing – Rebooted Many Times – How I Fixed it

Since 10/10/13 for several days on my laptop, my Windows 7 has been prompting me to update Microsoft .NET Framework 4. And I did, but every time it failed to update. See the screen shot of the update history below:
Windows Update History Snapshot
It was awfully annoying because the update requires a shutdown, a very inconvenient maneuver for me as I usually put my ultrabook laptop to “sleep” for faster wake-up and use. I did my usual chkdisk to remove bad sectors on the flash disk – no issues. Ran Microsoft Security Essentials – no virus or other issues. I even downloaded one of those registry fixer, which in self acted like a virus as it kept scanning each time it powered up and complained that my computer has over 2000 issues to resolve and I need to cough up $30 to purchase the registered version of the software to fix the problems. I uninstalled the software fairly quickly.

After some search, I suspected my .NET framework was probably corrupted and needed to be repaired. So I went to the Control Pannel->Programs and Features and performed “Repair” (by Right Click->Uninstall/Change then select “Repair .NET Framework 4 Client Profile to its original state.”) on the 5 .NET related framework below:
NET framwork view

And voila! The next time I shutdown and performed the update, the update was successful. See the first screenshot on the 6th line from the top. No longer the Windows was prompting me to update and shutdown. One problem solved! I believe you can use the same technique to fix other corrupted programs.

Now I need to figure out how to successfully update for windows 7 for x64-based system: See the 3rd, 4th, and 5th line of my first snapshot. Sigh!

Book Review: “Teaming with Nutrients: The Organic Gardener’s Guide to Optimizing Plant Nutrient” by Jeff Lowenfels

As a follow on to the “Teaming with Microbes” book, I decided to dive in more to learn about the biology behind the plants. And lots of biology I’ve got. First, the book is simply beautifully done; it’s made of glossy paper with lots of pictures and diagrams to back up the science. However, the science was over my head. Honestly, I read this book for a week to help with my jet lag during my travel to Asia – it was very effective in putting me to sleep when I couldn’t fall asleep due to the time zone shift. Nevertheless, I did learn something from it. Mainly, the plant is full of miracle of life: the cells, the DNA, and survival mechanism. The theme is the same for all the living things on earth; plants are equipped with the “magic” recipes to sustain themselves and to thrive. The general recipes are described in great details in this book.

The first three chapters are the most difficult barrier to finishing the book because it involves the science and biology of plants and gets pretty boring. Many times I wanted to put down the book and forget about it. But I kept going perhaps because I needed the sleep. I’m not sure if one must go through the first 3 chapters to learn about how the plants consume/digest the nutrients but I suppose they do pave the foundation for later chapters. The rewards were at the end – how to use the fertilizers to provide the nutrients and why. Most of the gardening books would not be able to explain why. But this book achieves its objectives of educating the readers what the plants eat and why. For occasional gardeners this book is not necessary, but for the hard core gardeners who are interested in knowing the biology behind seemingly benign gardening without taking on an agriculture degree this book serves well.

A summary of the book is as follows:

The book starts with the smallest element of the plant – the plant cell. A lot of people learned about this in middle school. I probably did but I either forgot about it or learned in Chinese that are no long retained.
plant cell
The key structures of the cell: cell wall, aquaporin (protein that assists water transport), cytoplasm (all the stuff inside the plant cell except the nucleus), mitochondria (“power generator” that produces energy from the sugar made from photosynthesis), chloroplasts (one of the 3 plastids, “solar cell” absorbs light then converts CO2 and H2O into sugars and startch), robosomes (sites where messenger RNA sequences are read and proteins are synthesized), Golgi Apparatus (where the final packaging is done, and then molecules are shipped out in vesicles).

Chapter 2 covers the basic chemistry; lots of chemical reactions happen in the plant cells, mostly, exchanging of electrons. Oxidation loses electrons; reduction gains electrons. ATP serves as the currency of energy in plant cells to link chains of molecules during synthesis, makes proteins change shape, break apart water. Enzymes are protein catalysts that increase or decrease the rate of chemical reaction. Diffusion (high concentration to low concentration) and osmosis (diffusion of water: movement of water from low solutes to high solutes) vs. active transport (moved against concentration gradient, which requires energy).

Chapter 3 contains the science behind the plant nutrition. 4 groups of plant cells: meristemic (generic, undifferentiated), vascular (“plumbing pipes” composed of xylem, transports water and nutrients from the root, and phloem, transports water and sugars and others produced by a plant up and down the plant), dermal (provides protection to outer surfaces of a plant, a specialized dermal cells is the root hairs), ground (makes up the bulk of the plant body). Stomata are leaf pores that let in CO2 and let out H2O (evaporation of which is what draws water in). Plants form symbiotic relationships with specialized nitrogen-fixing bacteria and mycorrhizal fungi – partnerships are key for the uptake of nutrients by plants. Why does water enter the plant? Osmosis: more nutrient concentration inside the plant than outside. Sap flows through the phloem to the roots where sugars are stored for the winter. In the spring these stored sap nutrients move from the roots up through xylem. Two parts to the dermal tissue: epidermis (in plants) and periderm (in woody plants or trees). A typical leaf is comprised of the leaf blade or lamina, the petiole (the stalk that attaches the leaf to the stem), leaf axial.
leafstru
Root cap cells help build the mucilage that lubricates the root and the soil. Mucilage is the mixture of sloughed off root tip cells, exudates from root tips and microbial populations and by-products. It has a great influence on the uptake of metal nutrients like phosphorus, zinc, iron and magnesium.
rootts

Chapter 4 covers the nutrients: Macronutrients (needed the greatest amount) mostly carbon dioxide, water (96%) and obtained in mineral form: nitrogen, phosphorus, potassium, calcium, magnesium, and sulfur. Micronutrients (needed only trace amounts) obtained from the soil such as boron, chlorine, copper, iron, manganese, zinc, molybdenum, and nickle. Only 17 elements are needed to sustain life including ours. Nitrogen is the backbone of amino acids, the structural building blocks of proteins. No nitrogen, no proteins. 78% of atmosphere is made of Nitrogen but not usable by plants. Nitrogen-fixing organisms, diazotrophs, like Rhizobia and Frankia, which converts ammonia (NH4+) from decomposed organic materials to nitrite (NO2-) and then nitrate (NO3-). See the nitrogen cycle (from Wikipedia) below:
Nitrogen_Cycle.svg
Mobility of nutrients: nitrogen, potassium, calcium, and magnesium are more mobile than copper, iron, manganese, nickel, and zinc. Deficiencies of mobile nutrients within plants tend to show symptoms in older leaves, whereas newer leaves and growing tips show signs of deficiencies in less mobile or immobile nutrients.

Chapter 5: Water movement: apoplastic pathway (porous space between the cellulose fibers of cell walls that allows water to travel into a plant without actually entering any cells) and simplastic pathway (guarded by the plasmalemma, which regulates what can enter a cell). Much of this chapter has been repeated from previous ones.

Chapter 6: Nutrient movement through plants. 4 methods of getting nutrients to the root: interception (accidental contacts), mass flow (sponge effect of the root, especially for nitrate), and diffusion (nutrients ions move toward the low-concentration near root), mocrobial partners such as mycorrhizal fungi (seduced by the root exudates of lipids, and carbon-based molecules. Active and passive transport methods to get through the cell membrane barrier. Calcium, sodium, magnesium, aplant-made sugar, and hydrogen ions are all actively transported. Transport protein: channel membrane proteins (tunnel, no energy used) and carrier membrane proteins (requires substances to bind to hem for their movement across the membrane, like enzymes), protein pumps (proton pumps or ATPases). Once inside the plant, nutrients move with water as a result of transpiration. They follow the symplastic or apoplastic pathway until they enter the xylem and are transported up and throughout the plant.

Chapter 7: the molecules of life (the end synthesized products of the nutrients): carbohydrates (glucose: monomer, fuctose, maltose, polysaccharide or starch), proteins (made of carbon, oxygen, hydrogen and nitrogen – amino acids up to 20 types. Make up cells. Enzymes are made by linking mino acids in specific orders), lipids (stores energy – 9 categories of fatty acids: fats, oils, waxes, glycolipids, phospholipids, lipoproteins, steroids, terpenes, and carotenoids) , and nucleic acids (DNA and RNA enables life to replicates itself).

Chapter 8: Soil testing. Use fertilizers based on information obtained by soil testing.

Chapter 9: Factors influencing nutrient availabilities: temperature, pH levels (soil locks up certain nutrients in certain pH range, see lock up charge below from this source), soil aeration, mineral and organic composition (affects the electric charges), soil moisture.
phchartys0

Chapter 10: what and when to feed plants: Natural Nitrogen Fertilizers: bat guando, blood meal, corn gluten meal, feather meal, fish emulsion, fish meal, fish powder, hydrolyzed fish, soy bean meal, chilean nitrate, human hair and urine. Phosphorous fertilizer: bone meal, bad guano, colloidal rock phosphate, and crab shell meal. Potassium: greensand, wood ashes, and sulfate of potash. Calcium: Calcitic limestone, and dolomitic limestone. Micronutrients: shrimp shell meal, kelp meal, kelp powder, and liquid kelp. Biofertilizers: Rhizobia and Frankia (bacteria), Azotobacter and Azospirillum, phosphate-solubilizing bacteria and fungi, mycorrhizal fungi, comopost, earthworm castings, and manures.

My Visit to Hong Kong’s Ritz Carlton at Sky 100 – Views from the 104th floor dining room

For work, I recently traveled to China via Hong Kong. Had an opportunity to have a breakfast at Ritz Carlton top of the Sky 100 – the tallest building (1,588 ft) in Hong Kong. This beautifully-architected ICC Tower building stands tall in the Kowloon area.
International_Commerce_Centre_201008

Took some pictures from inside the Ritz Carlton here:

Panoramic View from the big dining room:
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Panoramic Windows View of the Victoria Harbor:
2013-09-27 09.25.12

A good view from the men’s room.
2013-09-27 09.46.18

Lobby level – looks down from the top:
2013-09-27 09.41.56

Formal Dining Room – Panoramic View
2013-09-27 09.44.53

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