If I Had a Billion Dollars

Published: Fri, 06/01/12

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In This Issue:
Memorial Day: A Day To Remember And Contemplate By Richard C. Young
Books I’ve Enjoyed Reading on France By Deborah Young
What I Learned In Paris—Spring 2012 Part III By Richard C. Young
If I Had a Billion Dollars By E.J. Smith
#1 on The New York Times Bestseller List The Editors
Stratolaunch Systems: Carrier Aircraft The Editors
Keeping an Eye on Your Money By E.J. Smith
Bill Kristol, John Bolton, Joe Lieberman—All on the Wrong Track 
By Richard C. Young

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Memorial Day: A Day To Remember And Contemplate
 


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Books I’ve Enjoyed Reading on France
 

Here are some great books that will help you on your way.

Au Revoir to All That: Food, Wine and the End of France by Michael Steinberger

Sixty Million Frenchmen Can’t Be Wrong: Why We Love France but Not the French by Jean-Benoît Nadeau

Stuff Parisians Like: Discovering the Quoi in the Je Ne Sais Quoi by Olivier Magny

The Sweet Life In Paris: Delicious Adventures in the World’s Most Glorious – and Perplexing – City by David Lebovitz

Hungry For Paris: The Ultimate Guide to the City’s 102 Best Restaurants by Alec Lobrano

Eating & Drinking in Paris by Andy Herbach

Rick Steves’ Paris by Rick Steves

Paris, Paris: Journey Into the City of Light by David Downie

Americans in Paris: Life and Death Under Nazi Occupation by Charles Glass

And the Show Went On: Cultural Life in Nazi-Occupied Paris by Alan Riding

The Journal of Hélène Berr by Hélène Berr

A Train In Winter: An Extraordinary Story of Women, Friendship, and Resistance in Occupied France by Caroline Moorehead

Wine and War: The French, the Nazis, and the Battle for France’s Greatest Treasure by Don Kladstrup

Suite Francaise by Sandra Smith

Five Quarters of the Orange by Joanne Harris

A Place of Greater Safety by Hilary Mantel

Dancing to the Precipice: The Life of Lucie de la Tour du Pin, Eyewitness to an Era by Caroline Moorehead

Marie Antoinette: The Journey by Antonia Fraser

Marie Antoinette: The Portrait of an Average Woman (Grove Great Lives) by Stefan Zweig

A Tale of Two Cities (Dover Thrift Editions) by Charles Dickens

Les Miserables

The Elegance of the Hedgehog by Muriel Barbery

Books by Alan Furst (WWII spy novels, many of which are set in Paris) 

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What I Learned In Paris—Spring 2012 Part III
 

What’s the one book you will never read on Paris? “Paris on a Budget.” Budget? Trust me, you are going to be taken deep in Paris. It’s only a matter of whether you want your financial goose roasted or fried, but it is most definitely going to be cooked. Dollar conversion is the killer. President Bush spent America into a ditch. President Obama is spending America into a crater. Both presidencies have been an abject failure. The politically tuned-in Fed has gunned the digital printing presses and, in the process, debased the currency. All the spending, debt and printing has translated into a dollar conversion rate that make a trip to France, never mind Switzerland (makes Paris seem like a bargain), one expensive undertaking.

You, like most of us, have a certain amount of money to spend, thus choices must be made. Once you have been to France, my guess is that you will agree that the additional expense is worth it. I have heard it said for years that the French do not like Americans and are hard to get on with. Without reservation I will tell that this is nuts. If you show up in sweats, white Reeboks, a baseball cap and a ‘tude, your ticket will get punched, and especially so if you have made no effort to speak some passable French. Yes, many in Paris speak English, but the French are all about protocol and a slovenly appearance and a loud and demanding demeanor is not appreciated.

The hotel staff at five star French hotels is without equal. There is no way I can properly convey to you the warmth and professional skill at hotels like Hotel Lutetia, Hotel Ritz Paris and Le Bristol. In fact the multi-lingual staff at Le Bristol were dressed so splendidly and acted with such aplomb that the staff made the guests by comparison look like a squad of bowling ally attendants and gunrunners. And this crowd often arrives in a stretch limo, debarking as if they have just exited an all-day NFL tailgating trashing.

OK, so you know in advance that a trip to Paris in no way should be considered a budget outing. And you will promise yourself that you will not take center stage in Paris in sweats and sneaks. And no fanny packs or you may as well tack an Ugly American sign to your back. Finally, promise yourself that you will work on your French greetings, bistro wording and directions. No, you do not need to turn into Mr. French, guy, but a rudimentary foundation of French will get you a long, long way with the most gracious and professional hosts in the world. I promise you will find this to be so.

Now then, click here for some great books that will help you on your way. My suggestion is that buy all your books in kindle format from your Amazon account for download to your iPad or Kindle. If you do not own an iPad, I would do so. I have offered powerful warning against checking luggage, which you simply will not be able to wrestle with on the high-speed French TGV trains. Hence no room for books. And yes, you want to take a high-speed rail trip. In my next post, I’ll detail for you from A to Z where to go first and, how long to stay, where to stay, where to eat, what days not to travel (you’ll owe me big for this tip) and exactly how to execute your majestic rail adventure. Start planning today because you simply are going to France, are you not?

Debbie And I recently  went back to Paris, our now European base, for many reasons, including our desire to be there for a first-hand look at the presidential election process, visits to realtors (executed well enough with our clutch and grab French), discussion on the fate of the Euro, and investing in Burgundy. All were accomplished with great success. And I will unfold the story on each as I proceed with this series of posts.

photo (3) Photo 5 photo 6 photo (2) Photo 4 photo 7 photo

One dare not venture forth on the trail gastronamia sans Hungry For Paris by former Gourmet magazine European correspondent Alexander Lobrano. Not only is Alex aces on bistros and brasseries, but he is also one great writer and funny guy. We had dinner with Alex one night courtesy our friend David Lebovitz, who presides over what are simply Paris’ most mouth-watering chocolate/food tours. Lucky you if you can squeeze into a D.L. Paris gourmet tour.

Here is a sample of writing Lobrano style from Alex’s feature on Le Balzar (pg.125). “And most memorably, to the right, a solid woman in a marbled tweed suit of autumn colors—pheasant, maize, vermillion, scarlet—who ate every scoop on her plate, burped deeply and proudly without excusing herself, and paid only the most occasional notice to her faded-looking husband, After a coffee and a small cognac, the unabashedly privileged creature belched again and then bid the waiter adieu while loudly noting that she would certainly return again soon in the hopes of eavesdropping on such an astonishing conversation as ours, a remark of such cunningly serrated snideness it took one’s breath away with admiration and horror.” Vintage Lobrano!

Next up, get our friend David Lebovitz’s The Sweet Life In Paris (and check in regularly at davidlebovitz.com). You’ll also want your own copy of Hotel Lutetia Paris, Parisian Hideaways (Casey O’Brien Blondes), and The Little Black Book Of Paris The Essential Guide to the City of Light (A beautiful little self-contained reference).

Ready to go yet? You will be after my next three posts. So get set with an introductory email to Ryland Stacy our Paris/France travel expert and facilitator. Ryland and your Paris concierge team will place you in an exalted position. I guarantee. Have a splendid trip to The City of Light. And oh yes, plan to stay twice as long as you originally thought possible. Once you get to Paris and set out on your high-speed rail adventure (with my complete assistance and support), a smile will come to your face reflecting your astuteness.

Au revoir,

Dick

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If I Had a Billion Dollars
 

dislikeWatching Facebook drop by 20% shows you how much greed was involved in this inside deal. It would be nice to think the deactivation of Richardcyoung.com’s and my accounts is part of the reason why. But nevertheless, I’ve been uncomfortable with Facebook from the beginning. The idea of telling people—I mean my “friends” who I have never even met—what I’m doing or my kids are doing has felt weird. And in terms of investing in the company, what is it exactly that Facebook does? Sell ads? I thought Google was doing that. Talk about spreading those crumbs around.

The IPO valuation slapped on this pig was absurd. The road show by CEO Zuckerberg was full of hubris on the part of all parties involved. The way they cashed out was like a mass exodus, leaving average investors stuck with the shares. How’s that for senior leadership from Facebook insiders? In his piece “7 Reasons Why Facebook IPO Was A Bust” Rich Karlgaard writes at Forbes.com:

2. Mark Zuckerberg’s disdain for investors. He never wanted to be a public company. This became all too obvious during the IPO road show’s crucial stop in New York when (a) Zuck hid out in the bathroom and forced the audience to wait, and (b) he took the stage wearing his hoodie. Zuckerberg’s view of shareholders is like President Obama’s view of blue collar workers. He needs them but secretly laughs at them.

You’ll want to read the rest here.

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#1 on The New York Times Bestseller List
 

The AmateurThe Amateur is an explosive look at “The Chicago Way” and the ramifications for Barrack Obama. This brand new book is certain to be scrutinized by the ever-growing cadre of political sleuths who have begun to unravel a troubling connection between team Obama and unsavory elements in Chicago politics. NRO’s John Fund offers a front row seat to the new blockbuster book.

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Stratolaunch Systems: Carrier Aircraft
 

Stratolaunch-carrier Stratolaunch Systems, a Paul G. Allen project, is developing an air-launch system that will revolutionize space transportation by providing orbital access to space at lower costs, with greater safety and more flexibility. Delivering payloads in the 10,000lbm class into low earth orbit, the system allows for maximum operational flexibility and payload delivery from several possible operational sites, while minimizing mission constraints such as range availability and weather.

The air-launch system is made up of four primary elements: a carrier aircraft, a multi-stage booster, a mating and integration system, and an orbital payload. Initial efforts will focus on unmanned payloads; however, human flights will follow as safety, reliability, and operability are demonstrated.

Stratolaunch Systems has assembled a team of innovative aerospace leaders to build and deliver a commercial air launch system. Scaled Composites will build the carrier aircraft; SpaceX will provide the booster and space launch mission design and mission integration services; Dynetics will provide program management and systems engineering and integration, as well as test and operations support to Stratolaunch; Dynetics will also build the mating and integration system hardware. Stratolaunch Systemsheadquarters are in Huntsville, Alabama, and its aircraft hangar is in Mojave, California.




Carrier Aircraft
The carrier aircraft, built by Scaled Composites, weighs more than 1.2 million pounds and has a wingspan of 385 feet – greater than the length of a football field. Using six 747 engines, the carrier aircraft will be the largest aircraft ever constructed. The air-launch system requires a takeoff and landing runway that is, at minimum, 12,000 feet long. The carrier aircraft can fly over 1,300 nautical miles to reach an optimal launch point.

Multi-Stage Booster
SpaceX’s multi-stage booster is derived from the company’s Falcon 9 rocket. At approximately 120 feet long, the booster is designed to loft the payload into low earth orbit. After release of the booster from the aircraft at approximately 30,000 feet, the first stage engines ignite and the spacecraft begins its journey into space. After the first stage burn and a short coast period, the second stage ignites and the orbital payload proceeds to its planned mission. The booster’s health and status during flight is monitored from the carrier aircraft and on the ground.

Mating and Integration System
Built by Dynetics, the mating and integration system (MIS) provides the single interface between the carrier aircraft and the booster. The MIS includes all systems required for the booster to interface with the carrier aircraft, including mechanical, electrical, thermal, fluids, and gases. The MIS is designed to safely and securely carry a booster weighing up to roughly 500,000 pounds. The MIS will secure the booster to the carrier aircraft, from taxiing to flight maneuvers to release of booster. In the case of a mission abort, the MIS will keep the booster secure during return to base and landing.

Source: Stratolaunch Systems

Recent News: Stratolaunch systems closes on purchase of the second Boeing 747-400 – March 28, 2012
Stratolaunch systems closes on purchase of the first of two Boeing 747-400 aircraft - February 15, 2012
Stratolaunch Systems Press Conference (VIDEO)- December 13, 2011

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Keeping an Eye on Your Money
 

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Bill Kristol, John Bolton, Joe Lieberman—All on the Wrong Track
 

The Iraq and Afghan wars have been a mistake for America, just as were the Korean and Vietnam disasters. Almost without exception, the entrenched politicians in Washington, bullied by big industry and Wall Street lobbyists, toe the military/industrial complex line. Bill Kristol is the leading cheerleader, and John Bolton and Joe Lieberman are vocal supporters of fanning the flames of American military intrusion. In this essay, Pat Buchanan offers cogent input on the wrong course these three are taking.

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