Quiz Time Again, Folks.

“Fight Against Stupidity And Bureaucracy”

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Yes folks, it is quiz time again here at the fasab blog.

Last one for October.

So get your thinking caps on and try these questions out.

And as usual, if you get stuck, you can find the answers waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay down below, but please NO cheating.

Enjoy and good luck.

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quiz host

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Q.  1:  Who was the manager of the Beatles?

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Q.  2:  Approximately what proportion of the Earth’s surface is covered by a) land and b) water

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Q.  3:  What do you get if you divide 50 by half and add 40.

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Q.  4:  Frank Pantridge, born in Hillsborough, County Down, in Northern Ireland was famous for what?

          a) Discovery of the first radio pulsars   

          b) The development of the modern tractor

          c) Creating the ejector seat                          

          d) Introducing CPR to the world

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Q.  5:  What type of insect is a ‘velvet ant’?

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Q.  6:  What is the main ingredient of the dish ‘Welsh Rabbit’?

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Q.  7:  Why are 1968 pennies worth more than 1964 pennies?

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Q.  8:  What number is a hurricane on the Beaufort Scale?

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Q.  9:  From which continent did the guinea pig originate?

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Q. 10:  If  9 = 4,  21 = 9,  22 = 9,  24 = 10,  8 = 5,  7 = 5,  99 = 10,  and  100 = 7,  what do 16 and 17 equal?

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Q. 11:  What is the name of the investment company managed by billionaire Warren Buffet?

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Q. 12:  What does a ‘hippophobic’ fear?

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Q. 13:  ‘Galvanized’ iron or steel is coated with which other metal to help prevent rusting?

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Q. 14:  What is a ‘Natterjack’?

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Q. 15:  ‘Hydrolysis’ is the reaction of a chemical compound with what other compound?

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Q. 16:  What poisonous substance does the cassava root (used to make flour, breads, tapioca, a laundry starch, and an alcoholic beverage) contain?

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Q. 17:  This word is the name of a drink and a machine for separating cotton from its seed, what is it?

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Q. 18:  What is the nautical term for a length of 608 feet?

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Q. 19:  Which precious metal has the symbol ‘Pt’?

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Q. 20:  The size of a man’s foot is approximately the same size as which other body part?

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ANSWERS

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Q.  1:  Who was the manager of the Beatles?

A.  1:  Brian Epstein.

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Q.  2:  Approximately what proportion of the Earth’s surface is covered by a) land and b) water

A.  2:  One third land and two thirds water approximately.

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Q.  3:  What do you get if you divide 50 by half and add 40.

A.  3:  140.

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Q.  4:  Frank Pantridge, born in Hillsborough, County Down, in Northern Ireland was famous for what?

          a) Discovery of the first radio pulsars   

          b) The development of the modern tractor

          c) Creating the ejector seat                            

          d) Introducing CPR to the world

A.  4:  in the correct answer is d) Professor James Francis “Frank” Pantridge, MD, CBE was a physician and cardiologist from Northern Ireland who transformed emergency medicine and paramedic services with the invention of the portable defibrillator.

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Q.  5:  What type of insect is a ‘velvet ant’?

A.  5:  It is a Wasp. (Mutillidae are a family of more than 3,000 species of wasps whose wingless females resemble large, hairy ants.)

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Q.  6:  What is the main ingredient of the dish ‘Welsh Rabbit’?

A.  6:  Cheese (Welsh Rabbit – also called Welsh Rarebit – melted cheese on toast, which was an ironic reference to cheese being a poor man’s meat or rabbit).

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Q.  7:  Why are 1968 pennies worth more than 1964 pennies?  

A.  7:  Because 1968 pennies is $19.68 and 1964 is only $19.64.

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Q.  8:  What number is a hurricane on the Beaufort Scale?

A.  8:  12.

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Q.  9:  From which continent did the guinea pig originate?

A.  9:  South America.

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Q. 10:  If  9 = 4,  21 = 9,  22 = 9,  24 = 10,  8 = 5,  7 = 5,  99 = 10,  and  100 = 7,  what do 16 and 17 equal?

A. 10:  16 = 7 and 17 = 9 [The number of letters in the spelling of 16 (sixteen) is 7 and that of 17 (seventeen) is 9]

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Q. 11:  What is the name of the investment company managed by billionaire Warren Buffet?

A. 11:  It is called ‘Berkshire Hathaway’.

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Q. 12:  What does a ‘hippophobic’ fear?

A. 12:  Horses.

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Q. 13:  ‘Galvanized’ iron or steel is coated with which other metal to help prevent rusting?

A. 13:  Zinc.

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Q. 14:  What is a ‘Natterjack’?

A. 14:  A toad.

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Q. 15:  ‘Hydrolysis’ is the reaction of a chemical compound with what other compound?

A. 15:  Water.

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Q. 16:  What poisonous substance does the cassava root (used to make flour, breads, tapioca, a laundry starch, and an alcoholic beverage) contain?

A. 16:  It contains Cyanide.

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Q. 17:  This word is the name of a drink and a machine for separating cotton from its seed, what is it?

A. 17:  Gin.

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Q. 18:  What is the nautical term for a length of 608 feet?

A. 18:  It is called a ‘cable’.

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Q. 19:  Which precious metal has the symbol ‘Pt’?

A. 19:  Platinum.

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Q. 20:  The size of a man’s foot is approximately the same size as which other body part?

A. 20:  Oh for goodness sake have a bit of sense, it’s his forearm.

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Charles Munger Agrees With Me.

“Fight Against Stupidity And Bureaucracy”

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I always think it’s nice when someone agrees me. Even more so when they are well versed in the subject matter.

Charles Munger is such a guy. And he agrees with me, or at least he would do, had he read a post I wrote recently about Burger King’s move to Canada to avoid high US corporate taxes. (Click here if you want to read it.)

Anyway, we’re saying the same thing, and that’s what matters.

For those readers who don’t know who Charles Munger is, he is vice chairman of Berkshire Hathaway Inc., the world famous investment company headed by Warren Buffet, one of the richest men in the world.

Charlie_Munger

Munger says people who criticize Burger King’s plan to shift its headquarters to Canada, where tax rates are lower, are “stark raving mad”. What they should be calling for are cuts in corporate taxes to encourage business to stay in the US and even relocate there.

More than 40 U.S. companies have reincorporated abroad since 1982.

In fairness it has to be said that Munger does have a vested interest of sorts to stick up for Burger King. Berkshire Hathaway committed $3 billion to help finance Miami-based Burger King’s planned takeover of Tim Hortons Inc., the doughnut maker with headquarters in Oakville, Ontario.

Burger King meal

But that’s not why he said what he said. He is smart enough to know what is good for business generally and levying hefty taxes on corporations is not good. In fact he said, “If I were running the world, I would probably have low corporate taxes and get at the well-to-do people in some other way, like consumption taxes.”

Unfortunately President Barack Obama isn’t so smart. He has continued to criticize American companies that move to other nations in search of lower corporate tax bills.

And his Treasury Secretary, Jacob J. Lew, has recently announced new rules aimed at making it more difficult for American companies to lower their tax bills by relocating overseas and that would wipe out the benefits for those that do.

The changes will affect only deals that are completed from now on. But they could include pending inversion deals, like the one involving AbbVie, an Illinois-based pharmaceutical company that is in the process of acquiring its smaller British rival, Shire, or the Minneapolis medical device maker Medtronic, which is acquiring Covidien in Ireland.

And if the government continues on this path what will happen?

I think if US companies are prevented from making these kind of deals by ever greedy and intrusive government legislation they will simply close down altogether in the US. Wealth creation will be lost, many thousands of jobs will be lost and America will lose its long held position as the commercial powerhouse of the world.

When the American people were offered “Change” I don’t think this is what they were expecting.

Barack Obama Hope Change

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