Friday, October 19, 2012

ING Shrinks Interest Rates AGAIN!

Well, they've done it again. ING Direct has dropped your Orange Savings Account to 0.75% APY. Quite a nasty surprise when I opened my account this payday to find that. It lowered a begrudging five one hundredths of a percent, a minuscule number to most; but a major dollar loss for the investors and savers of the company.

No matter how you look at it, even smaller savers (in the Sub $10,000 range) like myself are investing here. And the interest rates have been dropping steadily from the good old days of pro 1% APY Online Savings accounts. ING Orange was the Go-To High Interest Rate Low Hassle option for many DotCom boomers like myself. This was one of the Best High Interest Rate Savings Accounts around!

So I'm asking... WHY?! Political climate? Mismanaged finances? What?

This time next year will we be looking at 0.6% APY? I predict it at least.

ING Direct, this is getting ridiculous. For this I say; INHALE HORNETS!


Tuesday, October 16, 2012

PH1 - The Four Star System

Well, whenever I mention something with Four Stars I automatically think of Akira Toriyama's Dragon Ball.

However, this bit of news came as a shock to me. A planet with Four Suns was discovered by ; an amateur (albeit professional) group of astronomers. Labeled Planet PH1, a Neptune sized possible gas giant.

You can see in the rendition above. PH1 is the planet. Now, I'm not an astronomer by trade; but I understand enough about planetary orbit and astrophysics to know that this planet likely has an elongated elliptical orbit. PH1A, the Mother Star that everything else in the system orbits around, is orbited closely by the cooler, smaller PH1B.

Planet PH1 orbits around these two stars. On a wide outer orbit, PH1C, a star likely very similar to our own sun provides a tertiary source of radiant heat and light on any likely inner planets and moons.

While the last start PH1D, a small white dwarf orbits the Sun-like PH1C as a Starmoon.

Planet PH1 is likely pulled in a dynamic ellipse during is 137 day trip around it's main star, affected by the two largest stars, much like Earth is affected by larger massed planets like Saturn and Jupiter, but more likely such. However, it may not be anywhere near as dramatic as what I've created in the graphic above.

Well; there you go!

- Joe