Another Bus Tragedy

It’s not just inter-island ferries that are sinking, buses are constantly crashing, too. Such is the sad state of transportation in this country. And whenever these happen, the government would say that this ship, this bus, doesn’t have a license to operate like it is the cause of the tragedy, like it would absolve them of the blame. It actually raises the question why they were allowed to operate at all? Where was the government before the tragedy?

Army of Two

James and I finished Army of Two today. It is a co-op action game about adventures of two mercenaries or private military contractors (PMC) as they prefer to be called, across several years. During this time, they go from being idealistic green soldiers, to gung-ho PMCs, to outlaws who must clear their names.

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Major Major Disaster

Notwithstanding Venus Raj’s making the top 5 in the Miss Universe pageant, we have, to borrow from our almost Miss Universe, a major major disaster for the country. Yesterday, a bemedalled cop who was dismissed from service took a bus full of HK tourists hostage. Incompetent crisis management, incompetent hostage negotiation, and an agonizingly slow-motion rescue led to a tragic conclusion: several hostages dead, numerous others injured, some critically.

Repercussions were immediate: the HK government issued a travel alert telling their citizens NOT to go to the country and for those citizens already in the country to either leave or take precautions. For sure, other countries will follow suit. And even if they don’t, a lot of travel plans are definitely going to change. That’s not good for tourism and foreign investments. The decline in stocks today can partly be attributed to this.

Setting Up Subversion

Every developer should have version control. It can be a simple process or a process supported by tools. One of the best version  control tools is Subversion or SVN. Here’s how to set up your own SVN server on a Linux box.

Install or update Subversion: If you’re using Red Hat-type Linux: yum install subversion or yum update subversion. If you’re using Debian-type Linux: apt-get install subversion or apt-get update subversion. Others Linux flavors should have something similar.

Create your repository: svnadmin create /svnroot

Configure access: vi /svnroot/conf/svnserve.conf. In the [general] section, add:

anon-access = none
auth-access = write
password-db = passwd

Add users: vi /svnroot/conf/passwd and add:

<username> = <password>

Start Subversion as a daemon: svnserve -d.

Open up TCP port 3690 on your Linux box’s firewall.

Connect to your SVN server with the URL svn://<server name or ip>>/svnroot

Start using your SVN server. Here are some useful tips:

  1. How to structure your repository
  2. How to fix bugs properly
  3. How to release software properly

That’s it!

Having Your Cake And Eating It Too II

Got another good chuckle reading another Inquirer article on Ramon Ang’s offer to buy Pagcor for $10B. Last time it was the legislative boys blabbing about it, now it’s the Pagcor’s turn to chime in. Quoting Pagcor’s spokesman:

“The $10-billion (about P450 billion) proposal is a good start, but I think it’s too low. If the time is right, we could make use of different valuation methods,” he said.

With an annual gross revenue of about P30 billion, Pagcor can easily earn P690 billion when its franchise ends in 2033, a difference of some P240 billion from Ang’s proposal (taking the current dollar-peso exchange rate of P45), Santiago said.

As Conrado Banal said in his article, there’s such a thing called present value. P450 billion now is better than P690 billion in 2033 and is still better than P30 billion every year till 2033. Unless of course the government doesn’t know what to properly do with P450 billion, which is quite a possibility.

Of course if they can grow revenues then maybe it’s worth more. But still quoting Pagcor’s spokesman:

“(Ang) said he could raise Pagcor’s annual revenue to at least P35 billion. If he could do it, then why can’t we do it?” the Pagcor spokesperson said.

Here’s one reason why not: competence. Ang is rich and you can’t even figure out present value :P