Archive for July 2011

Apple holding more cash than USA   Leave a comment


BBC

Apple now has more cash to spend than the United States government.

Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn).

Apple’s most recent financial results put its reserves at $76.4bn.

The US House of Representatives is due to vote on a bill to raise the country’s debt ceiling, allowing it to borrow more money to cover spending commitments.

If it fails to extend the current limit of $14.3 trillion dollars, the federal government could find itself struggling to make payments, and risks the loss of its AAA credit rating.

The United States is currently spending around $200bn more than it collects in revenue every month.  Apple, on the other hand, is making money hand over fist, according to its financial results.

In the three months ending 25 June, net income was 125% higher than a year earlier at $7.31bn.

Spending spree

With more than $75bn either sitting in the bank or in easily accessible assets, there has been enormous speculation about what the company will do with the money.

“Apple keeps its cards close to its chest,” said Daniel Ashdown, an analyst at Juniper Research.  Industry watchers believe that it is building up a war chest to be used for strategic acquisitions of other businesses, and to secure technology patents.

Bookstore Barnes and Noble and the online movie site Netflix have both been tipped as possible targets, said Mr Ashdown.

The company may also have its eye on smaller firms that develop systems Apple might want to add to its devices, such as voice recognition.

Apple dipped into some of its reserves recently when it teamed-up with Microsoft to buy a batch of patents from defunct Canadian firm Nortel.  The bidding consortium shelled out $4.5bn for more than 6,000 patents.

Posted July 30, 2011 by markosun in Uncategorized

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F/A-18 Hornet jet operators   Leave a comment


Since the Winnipeg Jets new logo has an CF-18 Hornet emblazoned on it, I thought I would provide some information on the versatile jet.   The F/A-18 Hornet is a multi-role combat fighter jet.  It is used in air to air dogfighting and in the ground attack role.  Since it started service with the U.S. Navy in the early 1980’s the fighter jet has seen extensive action worldwide.  It continues to be the main combat aircraft of seven air forces around the world and with the U.S. Navy and Marine Corps.  Below is a list of the force operators of this highly regarded aircraft.


The McDonnell Douglas (now Boeing) F/A-18 Hornet is a supersonic, all-weather carrier-capable multirole fighter jet, designed to dogfight and attack ground targets (F/A for Fighter/Attack). Designed by McDonnell Douglas and Northrop, the F/A-18 was derived from the latter’s YF-17 in the 1970s for use by the United States Navy and Marine Corps. The Hornet is also used by the air forces of several other nations. It has been the aerial demonstration aircraft for the U.S. Navy’s Flight Demonstration Squadron, the Blue Angels, since 1986.

 

Canada was the first export customer for the Hornet, replacing the CF-104 Starfighter (air reconnaissance & strike), the McDonnell CF-101 Voodoo (air interception) and the CF-116 Freedom Fighter (ground attack). The Canadian Forces Air Command ordered 98 A models (Canadian designation CF-188A/CF-18A) and 40 B models (designation CF-188B/CF-18B).

In 1991, Canada committed 26 CF-18s to the Gulf War, based in Qatar. In June 1999, 18 CF-18s were deployed to Aviano AB, Italy, where they participated in both the air-to-ground and air-to-air roles in the former Yugoslavia.

62 CF-18A and 18 CF-18B aircraft took part in the Incremental Modernization Project which was completed in two phases. The program was launched in 2001 and the last updated aircraft was delivered in March 2010. The aims were to improve air-to-air and air-to-ground combat capabilities, upgrade sensors and the defensive suite, and replace the datalinks and communications systems on board the CF-18 from the F/A-18A and F/A-18B standard to the current F/A-18C and D standard.

In July 2010 the Canadian government announced plans to replace the remaining CF-18 fleet with 65 F-35 Lightning IIs, with deliveries scheduled to start in 2016.

 

 

The Finnish Air Force (Suomen Ilmavoimat) ordered 64 F-18C/Ds (57 C models, seven D models) with delivery started on 7 June 1995. The Hornet replaced the MiG-21bis and Saab 35 Draken in Finnish service. The Finnish Hornets were initially to be used only for air defense, hence the F-18 designation. The F-18C includes the ASPJ (Airborne-Self-Protection-Jammer) jamming pod ALQ-165.  The US Navy later included the ALQ-165 on their F/A-18E/F Super Hornet procurement.

 

 

The Kuwait Air Force (Al Quwwat Aj Jawwaiya Al Kuwaitiya) ordered 32 F/A-18C and eight F/A-18D Hornets in 1988 and delivery started in October 1991.  The F/A-18C/Ds replaced A-4KU Skyhawk. Kuwait Air Force Hornets have flown missions over Iraq during Operation Southern Watch in the 1990s. They have also participated in military exercises with the air forces of other Gulf nations.  Kuwait had 39 F/A-18C/D Hornets in service in 2008.

 

 

The Royal Malaysian Air Force (Tentera Udara Diraja Malaysia) has eight F/A-18Ds.  The air force split their order between the F/A-18 and the Mikoyan MiG-29.

 

 

The Spanish Air Force (Ejército del Aire) ordered 60 EF-18A model and 12 EF-18B model Hornets (the “E” standing for “España”, Spain), named respectively as C.15 and CE.15 by Spanish AF.  Delivery of the Spanish version started on 22 November 1985.  These fighters were upgraded to F-18A+/B+ standard, close to F/A-18C/D (plus version includes later mission and armament computers, databuses, data-storage set, new wiring, pylon modifications and software, new capabilities as AN/AAS-38B NITE Hawk targeting FLIR pods).

In 1995 Spain obtained 24 ex-USN F/A-18A Hornets, with six more on option. These were delivered from December 1995 until December 1999. Prior to delivery, they were modified to EF-18A+ standard.  This was the first sale of USN surplus Hornets.

 

 

The Swiss Air Force purchased 26 C models and eight D models. One D model was lost in a crash.  Delivery of the aircraft started on 25 January 1996.

In late 2007 Switzerland requested to be included in F/A-18C/D Upgrade 25 Program, in order to extend the useful life of its F/A-18C/Ds. The program includes significant upgrades to the avionics and mission computer, 20 ATFLIR surveillance and targeting pods, and 44 sets of AN/ALR-67v3 ECM equipment. In October 2008 the Swiss Hornet fleet reached the 50,000 flight hour milestone.

 

 

The Royal Australian Air Force purchased 57 F/A-18A fighters and 18 F/A-18B two-seat trainers to replace its Dassault Mirage IIIOs. Numerous options were considered for the replacement, notably the F-15A Eagle, the F-16 Falcon, and the then new F/A-18 Hornet.  The F-15 was discounted because the version offered did not have ground-attack capability. The F-16 was considered unsuitable largely due to it having only one engine.

United States Navy had 409 F/A-18A/B/C/D Hornets in operation as of late 2008.

 

United States Marine Corps had 238 F/A-18A/B/C/D Hornets in service as of late 2008.

Posted July 28, 2011 by markosun in Uncategorized

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160 Greatest Arnold Schwarzenegger Quotes   Leave a comment


Adult content

Posted July 27, 2011 by markosun in Uncategorized

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Memorable quote from Blazing Saddles movie 1974   Leave a comment


The arch villan, Hedley Lamarr, played by Harvey Korman wants to put together a bad crew to attack the good guys.  So he tells the Slim Pickens character:

 I want rustlers, cutthroats, murderers, bounty hunters, desperados, mugs, pugs, thugs, nitwits, half-wits, dim-wits, vipers, snipers, con men, indian agents, mexican bandits, muggers, buggerers, bushwackers, hornswagglers, horse thieves, bull dykes, train robbers, bank robbers, ass kickers, shit kickers, and methodists!
Is there something about Methodists I don’t know?

Posted July 26, 2011 by markosun in Uncategorized

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Janet fleet and the Las Vegas pyramid   Leave a comment


 

Janet is the de facto name for a small fleet of passenger aircraft operated by defense contractor EG&G. Their aircraft currently serve mostly the Nevada Test Site (most notably Area 51) from their terminal at Las Vegas’ McCarran International Airport.  The origin of the word “Janet” is obscure and, while it is used as a radio callsign, it is not known whether the name is an official name, code word, or acronym.

The Janet fleet consists of six Boeing 737-600s painted white with a prominent red cheatline. There are also five smaller executive turboprops (two Beechcraft 1900s and three Beechcraft 200Cs) painted white with less prominent blue trim stripes. The fleet is registered to the Department of the Air Force, while some earlier members were registered to several civil aircraft leasing corporations.

 

The whole Janet fleet, minus one, parked in front of the Luxor hotel.  The fleet has its own private terminal at McCarran International.

 

Posted July 26, 2011 by markosun in Uncategorized

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New Winnipeg Jets logo pays tribute to the Canadian Air Force   Leave a comment


 

The new Jets logo has finally been unveiled.  It incorporates a very modern looking Jet and the red Maple Leaf.  A very striking combination.  The primary logo is formed like the Canadian air force roundel.  So obviously some thought was put into associating the logo with the Canadian Air Force (officially called Canadian Forces Air Command AIRCOM).   Winnipeg is base to 17 Wing and 1 Canadian Air Division.  Therefore Winnipeg has some very important associations with Air Command.

1 Canadian Air Division (1 Cdn Air Div) based in Winnipeg is the operational-level command and control formation of the Canadian Forces’ Air Command (AIRCOM).  It is commanded by an air force major-general.

The secondary logo incorporates pilot wings with the hockey sticks and maple leaf.  Third logo is more straightforward. 

The jet on the old logo back in the day looked like a lumbering 707.

New logos.

The actual Air Command logo below.  Although now it is in grey on CF-18’s.

New logo works for me.  But then I am an air force and fighter jet buff.  Below a vintage Avro Arrow with the roundel.

 

The blue, red and white roundel is still used on various current AIRCOM aircraft, including the Snowbirds aerial display team.

Posted July 23, 2011 by markosun in Uncategorized

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Bob Irving does a commercial from the 1980’s   Leave a comment


CJOB radio station in Winnipeg has a wily veteran sports director named Bob Irving.  I think he has been around CJOB for 35-40 years. He is a great radio football announcer.  He actually did TV football announcing back in the late 80’s.  And he is still the voice of the Winnipeg Blue Bombers on the radio.  Great play calling and analysis.  He is a treat to listen to. 

 

Posted July 22, 2011 by markosun in Uncategorized

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Russia classifies beer as alcoholic   Leave a comment


BBC

Russian President Dmitry Medvedev has signed a bill that officially classifies beer as alcoholic.

Until now anything containing less than 10% alcohol in Russia has been considered a foodstuff.

The move, signed into law on Wednesday, will allow ministers to control thesale of beer in the same way that spirits are controlled.

Russian alcohol consumption is already twice the critical level set by the World Health Organization.

Although vodka has long been the traditional tipple in Russia, beer has soared in popularity, being marketed as a healthier alternative to spirits.

Over the past decade, beer sales in Russia have risen more than 40% while vodka sales have fallen by nearly 30%.

 

 

Correspondents say it is common to see people swigging beer in the street and in parks as if they are drinking soft drinks.

It is not restricted to certain stores and is sold around the clock. The law brings some order into the sale of beer,” Vadim Drobiz, director of the Centre for Federal and Regional Alcohol Market Studies, told US broadcaster Bloomberg.

Last year the Russian beer industry was hit by a 200% tax hike on its products as ministers sought to bring consumption under control.

The new measures – which come into effect in 2013 – will stop alcohol being sold in unlicensed kiosks, ban its sale from stores between certain hours and restrict its advertising.

In 2009 President Medvedev ordered the government to prepare draft laws on a package of measures to counter growing alcohol abuse.

Posted July 22, 2011 by markosun in Uncategorized

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Canadian Billionaires   Leave a comment


Diversify and keep rolling.  These people get their paws into everything that is profitable.

 

 

Legend
Icon Description
steady Has not changed since the 2009 ranking.
increase Has increased since the 2009 ranking.
decrease Has decreased since the 2009 ranking.
No.↓ Name↓ Net worth (CAD)↓ Age↓ Home Province↓ Residence↓ Sources of wealth↓
1steady Thomson, 3rd Baron Thomson of Fleet, David and family $23.36 billion increase 53 Ontario Toronto, Ontario Thomson Reuters, Woodbridge Co. Ltd
2increase Galen Weston $8.50 billion increase 70 Ontario Toronto, Ontario George Weston Ltd., Loblaw Cos. Ltd, Holt Renfrew
3decrease Irving, Arthur, James Irving, John Irving $7.46 billion increase New Brunswick Saint John, New Brunswick Irving Oil Ltd., J.D. Irving Ltd.
4increase Rogers III, Edward and family $6.02 billion increase 41 Ontario Toronto, Ontario Rogers Communications
5decrease Pattison, Jim $5.53 billion increase 82 British Columbia Vancouver, British Columbia Jim Pattison Group
6steady Desmarais, Paul $4.28 billion decrease 83 Quebec Montreal, Quebec Power Corp. of Canada
7steady Sherman, Bernard $3.94 billion increase 68 Ontario Toronto, Ontario Apotex Group of Cos
8increase Skoll, Jeffrey $3.56 billion decrease 45 Quebec Palo Alto, California eBay Inc., Participant Media
9increase Saputo, Lino and family $3.52 billion increase 73 Quebec Montreal, Quebec Saputo Inc., TransForce
10steady Mannix, Fred and Ron $3.18 billion increase Alberta Calgary, Alberta Mancal Group
11decrease Azrieli, David $2.93 billion decrease 88 Quebec Montreal, Quebec Azrieli Group Ltd., Canpro Investments
12increase Fidani, Carlo $2.89 billion increase 56 Ontario Toronto, Ontario Orlando Corp.
13increase Richardson, James Armstrong and family $2.86 billion increase Manitoba Winnipeg, Manitoba James Richardson & Sons Ltd.
14increase Friedland, Robert $2.62 billion increase 60 British Columbia Singapore Ivanhoe Mines, Ivanhoe Energy
15increase McCain, Harrison and family $2.59 billion increase New Brunswick Florenceville, New Brunswick McCain Foods
16increase Katz, Daryl $2.59 billion increase 49 Alberta Edmonton, Alberta Katz Group of Companies, Edmonton Oilers
17decrease Zekelman, Alan, Barry Zekelman, Clayton Zekelman $2.59 billion decrease Ontario Windsor, Ontario Atlas Tube
18steady Bronfman, Charles $2.39 billion increase 79 Quebec New York City, New York Vivendi
19increase McCain, Wallace $2.29 billion increase 80 Ontario Toronto, Ontario McCain Foods, Maple Leaf Foods
20increase Sobey, Frank H. and family $2.14 billion increase Nova Scotia New Glasgow, Nova Scotia Empire Co. Ltd.

 

 

Manitoba and Winnipeg’s lone entry on the list.

Richardson International is a privately held Canadian agricultural and food industry company headquartered in Winnipeg, Manitoba. It operates a network of grain handling facilities in the Canadian Prairies under the brand Richardson Pioneer, as well as port terminals in five cities. Richardson Oilseed Processing processes seed plants for oils, and Richardson Nutrition markets canola products, including under the consumer brand Canola Harvest.

Canola Harvest bottle of canola cooking oil

Richardson International is a subsidiary of James Richardson & Sons, Limited, established in 1857. In addition to Richardson International, James Richardson & Sons manages financial services through Richardson Financial Group, property management through Richardson Center Limited, and oil and gas exploration through Tundra Oil & Gas Partnership. Richardson Financial Group consists of two operating divisions, Richardson Partners Financial Limited, and Richardson Capital. In 2009, Richardson Partners Financial merged with GMP Private Client to form Richardson GMP, a wealth management and investment services firm.

Richardson International was involved in a bidding war with Saskatchewan Wheat Pool over the purchase of Agricore United in 2007. Although unsuccessful, through the deal Richardson acquired grain elevators in Manitoba, Saskatchewan, and Alberta, and was paid a $35 million termination fee from Agricore.

Posted July 13, 2011 by markosun in Uncategorized

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Big Billionaires   1 comment


Number 17 on the list is co-owner of the Winnipeg Jets.

No.↓ Name↓ Net worth (USD)↓ Age↓ Born↓ Citizenship↓ Residence↓ Source(s) of wealth↓
1steady Slim, Carlos and family $74.0 billion increase 71 Mexico Mexico Mexico Telmex, América Móvil, Grupo Carso
2steady Gates, Bill $56.0 billion increase 55 United States United States United States Microsoft
3steady Buffett, Warren $50.0 billion increase 80 United States United States United States Berkshire Hathaway
4increase Arnault, Bernard $41.0 billion increase 62 France France France LVMH Moët Hennessy • Louis Vuitton
5increase Ellison, Lawrence $39.5 billion increase 66 United States United States United States Oracle Corporation
6decrease Mittal, Lakshmi $31.1 billion increase 60 India India United Kingdom Arcelor Mittal
7increase Ortega, Amancio $31.0 billion increase 74 Spain Spain Spain Inditex Group
8steady Batista, Eike $30.0 billion increase 53 Brazil Brazil Brazil EBX Group
9decrease Ambani, Mukesh $27.0 billion increase 53 Yemen India India Reliance Industries
10increase Walton, Christy $26.5 billion increase 55 United States United States United States Walmart
11increase Ka-shing, LiLi $26.0 billion increase 82 China Hong Kong Hong Kong Cheung Kong Holdings
12decrease Albrecht, Karl $25.5 billion increase 91 Germany Germany Germany Aldi Süd
13steady Persson, Stefan $24.5 billion increase 63 Sweden Sweden Sweden Hennes & Mauritz
14increase Lisin, Vladimir $24.0 billion increase 54 Russia Russia Russia Novolipetsk Steel
15increase Bettencourt, Liliane $23.5 billion increase 88 France France France L’Oréal
16increase Sheldon Adelson $23.3 billion increase 77 United States United States United States Las Vegas Sands
17increase David Thomson and family $23 billion increase 53 Canada Canada Canada Thomson Reuters
18increase Charles G. Koch $22 billion increase 75 United States United States United States Koch Industries
18increase David H. Koch $22 billion increase 70 United States United States United States Koch Industries
20decrease Jim Walton $21.3 billion increase 63 United States United States United States Walmart

Posted July 13, 2011 by markosun in Uncategorized

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