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Gerry Hegna

 
HAM AND EGGS CLUB NEWSLETTER
www.HamAndEggsClub.com
May 16, 2018

 
Gerry Hegna, Educator, Coach, Retired High School Principal, volunteer missionary, and now VP of the Foundation for Philippine Medical Missions:  “FPMM Mission 2018 – Island of Negros”.  Host: Dan Biersdorf
 
Upcoming Events
5/23/2018  Melisa Franzen, MN State senator:  “Review and Discussion of the 2017 Legislative Session”.  Host:  Mike Casserly

5/30/2018  Sean Lanterman, Director of Incident Response at Computer Forensic Services in Minnetonka: “The Wild West: Understanding Disruptive Blockchain technologies”.  Host: Terry Bonertz

6/06/2018  Reverend Warren Jorenby, Retired:  “Reflections on Fifty Years of Working to Beat the Devil”.  Host:  Cliff Erickson
 
 
Opening
Club President Mike Schall   Good morning everybody.  Happy Wednesday!
 
 
Guests Today
Jennifer Swenson guest of Dick Swenson
Dave Mooers guest of Dan Biersdorf
George Frost guest of Dan Biersdorf
Jay Sandgren guest of Dan Biersdorf
 
 
Announcements 
Mike Schall announced anyone wanting information on “Start Reading Now” volunteer work to contact him.  Info:   https://www.startreadingnow.org/

President Mike also stated in his weekly announcement: “Hold the date!  Summer party is June 27th - in the evening.  More details will follow in coming weeks.”
 
Leslie Sharpe announced “Club needs speakers for July!”
 
 

Opening Ritual
Victor Kirsch   “The father heard 3 year old daughter saying prayers.’  God bless daddy, God bless grandma and good-bye grandpa.’  The next day grandpa died!  Couple months later father heard daughter say prayers: “God bless mommy, God bless daddy and good-bye grandma.”  That night, grandma died!  The father was terrified a month later when daughters prayers stated “God bless mommy and good-bye daddy”.   Horrified, the father stayed at work all day, even lunch delivered. Returning home after midnight explained to wife he had a very bad day.   “You had a bad day?”, she said, “our poor milkman had a heart attack in middle of front steps this morning!”   Then: Victor’s:  “Why are we here?   Because....!”
 
 

Introduction & Speaker Presentation

Dan Biersdorf provided terrific introduction for today’s speaker, Gerry Hegna.

Gerry Hegna  Thank you Dan! 
Comments heard at today’s superb presentation re efforts of “Foundation for Philippine Medical Missions” follow:

-100 doctors & nurses support, largely Filipino.  A very strong family based people.

-Much interest returning back to country what can.   A very unselfish people with almost no medical care.

-In Philippines, a hospital can be building with no windows and Red Cross sign on front door.  Period! 

-1st mission ~10 yrs ago staffed with ~40 people.  Today we have  ~200 on team. 

-Advance team unpacked shipments prior to arrival of Doctors & Nurses.   Non-medical personal support medical staff.  

-When we leave, try to leave behind as much resources & supplies possible.

-Regarding funding, 100% of donation resources go to Philippines. 0% goes to own support costs.   All our efforts are on ‘our own dime’!

-Costs include about $8K per shipped container.   Normally ship 5 containers.

-Supplies shipped are significantly donated.
 
(SETTING UP A SLIDE PRESENTATION, A mini Q&A SESSION BROKE OUT)

Q – Is there socialized medicine in Philippines?
A – No, it’s pay as you go.
 
Q – Family planning?
A – One of most significant problems is diabetics.  We provide education to lessen problem because can’t supply enough insulin.
 
Q/Comment –An acquaintance built 300 bed hospital and taught African people how to support. If can train, wonderful results.
A – Yes, we do much training.
 
Slide presentation “FPMM” (Foundation for Philippine Medical Mission) presented. 


Following Presentation, Q&A continued
Q – People on video appeared well dressed.
A – That is a big, big deal – wearing absolute best to visit the Medical Mission.   This is not their normal living attire.
 
Q – Are all staff Philippine?
A – No.  We have about 40 translators throughout.  Are many different dialects in the Philippines. 
 
Q – Is water sanitary?
A – Most drinking water is bottled.   They don’t drink tap water.
 
Q – Mission strategy?
A – Missions timed about 2 years apart.
 
Q – Applaud tremendous time effort.
A – A passion.   As mentioned, almost an accident how got started. 
 
Q – What it take legally to bring ‘outsiders’ from another country?
A – Some licensing requirements.  We have overall guru in group to support.  We’re enabled having several licensed Filipinos on team. 
 
Q – Local politics?
A – We work with local officials.  Terrific support on the Evacuation Center (shown on Video Slides). Politics a big thing in Philippines.   Officials very quick to take credit.  Might work today with one party, then 6 months later have to work with the opposition.
 
Q – If hurricane or typhoon, where do people go?
A – Go from homes to Evacuation Center.  Constructed to allow some wind actually go thru building. 
 
Q – Based on experience, what should US do regarding Healthcare?
A – Hard to speak to that.  However, seems ashamed US unable to provide.
 
Q – How many medical staff stay?
A – Have ~25% turn over.  Some surgeons will do 5 missions a year!
 
Q – What security is necessary?
A – All drugs from US are hand carried.   We never ship drugs. Equipment packing is important as lot of corruption in Philippines.  We never put good stuff at end of containers. 
 
 
Here, Club President Mike Schall thanked and presented coveted Ham & Eggs coffee mug.   Members very appreciative of presentation and personal efforts of Gerry Hegna gerryhegna@gmail.com and team representing provided a  hardy enthusiastic applause.
 
 
 
Last and importantly, Gerry Hegna, provided “Hope – Healing –Giving” (The “Mission to Give”) handout on table tops prior to presentation.   Handout was in care of Scott Nelson.  Scott, in spite of personal challenges of gravest kind, spearheading upcoming mission Feb 2019.
 
View:
  http://www.philippinemedicalmissions.org/         
Gerry Hegna, VP ‘Foundation for Philippine Medical Missions’   gerryhegna@gmail.com
Carmelita Nelson, letcebu@yahoo.com
 
 
Thank You  Darrell Bertelson for photos inserted in weekly email Newsletter distributions. 
                                                                                                                            
 
Ron Jensen







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Grant J. Merritt

HAM AND EGGS CLUB NEWSLETTER
www.HamAndEggsClub.com
May 9, 2018


 
Grant J. Merritt: “Iron and Water”, a Memoir of Family, Mining Pioneer and Unscrupulous Magnates, and the Fight for Minnesota’s Natural Resources.  Host: Cliff Erickson.
 
Upcoming Events
5/16/2018  Gerry Hegna, Educator, Coach, Retired High School Principal, volunteer missionary, and now VP of the Foundation for Philippine Medical Missions:  “FPMM Mission 2018 – Island of Negros”.  Host: Dan Biersdorf

5/23/2018  Melisa Franzen, MN State senator:  “Review and Discussion of the 2017 Legislative Session”.  Host:  Mike Casserly

5/30/2018  Sean Lanterman, Director of Incident Response at Computer Forensic Services in Minnetonka: “The Wild West: Understanding Disruptive Blockchain technologies”.  Host: Terry Bonertz

 
Opening
Club President Mike Schall   Good morning everybody.  Happy Wednesday!
 
 
Guests Today
Jen Swenson guest of Dick Swenson
Bonnie Curtin guest of Dick Swenson
 
 
Announcement  Mike Schall announced that he and his wife have recently become involved in the ‘Start Reading Now’ program (as presented at Ham & Eggs Feb 21) by volunteering time helping school kids read.   If interested, contact Mike for more information or visit website:  https://www.startreadingnow.org/
 
 
Opening Ritual
Victor Kirsch   “Supporting argument to eat lots of nuts, you ever see a squirrel give resuscitation to another squirrel?” Quickly followed by another “didn’t want to explain it twice” humor   THEN:  “Why are we here?   Because....!”
 
 
Introduction & Speaker Presentation
Cliff Erickson beginning a fascinating speaker intro, first explaining early days help toward the Harvard Financial Aid Office with enthusiastic phraseology:  “I’ve upped my pledge to Harvard – So up yours!”  

Today’s speaker Grant J. Merritt will talk history of northern MN involving iron. In behalf of Minnesota’s people, he’s author of a book describing a family significant in state history titled: “Iron and Water – My Life Protecting Minnesota’s Environment”  A memoir of family, mining pioneers and unscrupulous magnate, and the fight for Minnesota’s natural resources. https://www.upress.umn.edu/book-division/books/iron-and-water

The ubiquitous Merritt name represents larger than life figures in Duluth.  Cliff here told of meeting Grant at the Rotary Club, the two quickly finding many common grounds.   Please welcome Grant Merritt.

As Cliff was sitting down, a voice from back of room bellars:  “What’s this word ubiquitous?” Cliff’s response:  “Every darn place you look!”  Much Laughter...

 

Grant J. Merritt  Thank you for inviting me.  Actually, been here twice before as guest of John Tobin.  Going to tell about early Merritt history in Northern Minnesota this morning.

-Great Grandfather looked for gold, but found none.  In 1887, however, stated more iron ore dollars in Northern MN than all the gold in California. 

- Great Grandfather, with 6 men in 1889, reported red powder dirt was 64% hematite.

-After searching for assistance, 1891 they built own railroad.  Ordered 750 iron ore railcars but when builder went bankrupt, also built the cars themselves. 

-26 miles of railroad built in 5 months & largest dock in world built in 7 months. 

-Saga of trying to work with John Rockefeller told.   A real battle.  Man was not only a crook, but a fool. 
 

Q&A

Q – What was size of the mines?
A – Several miles wide and hundreds of feet deep near Virginia. Some have 400 feet of water.   There are hundreds of mines.

 Q – Iron’s big in MN, are there other minerals?
A – Titanium is down lower.  Also platinum, palladium, copper, nickel...
 
Q –Concerns about water with copper/nickel mining?
A – (perhaps not hearing Q correctly) The owners of current interests are not American.
 
Q – What’s happening with slag regarding leaching into water?  
A – (seemingly continuing prior Q theme) Powerful folks    
 
Q – Self, a hard rock geologist & knowing Duluth – When was it discovered that pelletizing would make the ore salable?
A – Must give U of M credit for taconite processing.  Process saved the Range after the war.  
 
 Here Club President Mike Schall thanked our speaker and presented the coveted Ham & Eggs coffee mug.   Members offered much applause.
 
Check out following link for further information: 
http://www.agatemag.com/2016/11/reporters-notebook-oral-history-project-continues-with-grant-merritt/
 

Thank you each Dale Borgeson, Darrell Bertelson & Mike Casserly  for photos - presented on weekly emailed distributions.  .

 
Ron Jensen
 







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Dave Racer
 
HAM AND EGGS CLUB NEWSLETTER
www.HamAndEggsClub.com
May 2, 2018


Dave Racer:  “Passion for Patients – Comments on Health Care Today”.  Host: Roger O’Daniel
 
Upcoming Events
5/09/2018  Grant J. Merritt: “Iron and Water”, a Memoir of Family, Mining Pioneer and Unscrupulous Magnates, and the Fight for Minnesota’s Natural Resources.  Host: Cliff Erickson.

5/16/2018  Gerry Hegna, Educator, Coach, Retired High School Principal, volunteer missionary, and now VP of the Foundation for Philippine Medical Missions:  “FPMM Mission 2018 – Island of Negros”.  Host: Dan Biersdorf

5/23/2018  Melisa Franzen, MN State senator:  “Review and Discussion of the 2017 Legislative Session”.  Host:  Mike Casserly
 
Opening
Club President Mike Schall   Good morning everybody. 
 
 
Guest Today
Steve Helfer guest of Sam Larsen
 
 
Announcement  (Advertisement)  Have need of for ‘decluttering’ service?  -Contact Barry Kelner.
 
 
Resident Poet Laureate   Excitedly stating:  “Just met person who knows what a ‘bubbler’ is!   Then, our Resident Poet Laureate Cliff Erickson  stated background for a poem dealing with last week’s Ham & Eggs financial topic.  Cliff recited the poem with theme receiving financial advice and not believing, only to later find was good advice.  Then, enhancing the wording, Cliff provided his rendition for attending members great amusement and laughter.   
 
 
Opening Ritual
Victor Kirsch,  (with permission from Irish Catholic misses) stated:  “Murphy, came to church to steal a hat, but hearing sermon on  Ten Commandments, decided against it."  "You mean the Commandment, Thou shall not steal.   the preacher asked. "No, the one about adultery". When mentioned, remembered where old hat was."   THEN:  “Why are we here?   Because....!”
 
 
Introduction & Speaker Presentation
Roger O’Daniel introduced today’s speaker.  A man of many talents, not only is Dave acknowledgeable in many fields, he’s also author of numerous books..  Please welcome Dave Racer.

Dave Racer opened theme of ’healthcare today’ with recent comment from his doctor “people your age” story.  Topics and concerns surrounding topic were discussed - several follow:

-Opioid crisis today knows no bounds.  With lots of stories, we blame everyone except the person who’s addicted. 

-Daves’ talk was mixed with facts and humor: - On ‘Affordable Care Act’ “have to pass to see what’s in it”.   A doctor commented:  “sounds like definition of stool analysis”. 

-Healthcare’s a complex economic system.   Analogies to Grocery System discussed.  Shoppers ask “What do I wanna buy?  How much does it cost?”

-Importance of Patient-Centered health care discussed.

-Patients need to ask: 1) why do I need this? & 2) how much does it cost?

-Prices are complex and hidden.

-Huge disparity between Medicare payments and patients billings, often a low as 20%.  Today, ½ of doctors will not take Medicare payments.

-MN Statute 62J.81 a & b state provider must provide good faith cost estimate if asked. 

-Data often means nothing without an interpreter. 
 
 
Q&A
Q – Is there too much money in healthcare system right now?
A – Heard term lobbyist at table – hated by healthcare people, unless want to get something done.  Regarding Q, having money in system’s not bad if distributed properly.   Patients don’t know.
 
Q – Taught in High School merits of free markets was struck by HealthCare comparison to Grocery Store.  We often don’t understand what we’re buying and are few substitutes.  Is Healthcare a Free Market system?
A – No, it’s not a Free Market.   Still, if you pinch a tomato can get idea.  Very difficult with HealthCare.
 
Q –Are Doctors able to control own destiny?
A – Having written 18 books on HealthCare, many Dr’s have Check Box lists today to insure Insurance Company compliance. 
 
Q – I know there’s controversy, but are tests driving up costs? 
A – Liability issues are forcing.   
 
Here Club President Mike Schall thanked our speaker and presented the coveted Ham & Eggs coffee mug while attending members offered much applause.
 
 
Thank you Dale Borgeson  for photography.
 
Last, view http://daveracer.com for Dave Racer’s website.

And very last, I had to ask what a ‘bubbler’ was.  It’s a ‘water fountain’, at least if you’ve lived in Milwaukee.
 
 
Ron Jensen







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Bob Dickey
 
HAM AND EGGS CLUB NEWSLETTER
www.HamAndEggsClub.com
April 25, 2018

 
Bob Dickey, Managing Director and Technical Strategist, RBC Wealth Management:  “The Stock Market Ahead – Better Than You Think”.  Host:  Dan Biersdorf
 
Upcoming Events
5/02/2018  Dave Racer:  “Passion for Patient – Comments on Health Care Today”.  Host: Roger O’Daniel

5/09/2018  Grant J. Merritt: “Iron and Water”, a Memoir of Family, Mining Pioneer and Unscrupulous Magnates, and the Fight for Minnesota’s Natural Resources.  Host: Cliff Erickson.

5/16/2018  Gerry Hegna, Educator, Coach, Retired High School Principal, volunteer missionary, and now VP of the Foundation for Philippine Medical Missions:  “FPMM Mission 2018 – Island of Negros”.  Host: Dan Biersdorf
 

Opening
Club President Mike Schall   Good morning everybody.  Big crowd today.  Great to see lots of guests. 
 
 
Guests Today
Marshall James guest of Dick Atkinson
Steve Santos guest of Dick Atkinson
John Racek guest of Dan Biersdorf
Andy Olsen guest of Dan Biersdorf
Mike Doyle guest of Dan Biersdorf
Adam Netland guest of Dan Biersdorf
Molly Wurst guest of Dan Biersdorf

 
Announcement   Welcome back Erv Grossman.  (and No, we won’t tell your Dr you escaped orders to attend today)..
 
 
Opening Ritual
Victor Kirsch,  Talked other day to friend who leans to the right.  He Believes marriage should remain as always been:  One man & one unhappy birthday.  ALSO:  You hear some police departments starting to play national anthem chasing suspects.  Easy to catch em when stop to take a knee.  THEN:  “Why are we here?   Because....!”
 
 
Introduction & Speaker Presentation
Dan Biersdorf  -  Today our guest speaker is Bob Dickey.  With impressive credentials, Bob has spoken here before.  Dan provided story starting from humble position as mail room clerk thru advancement to position of Technical Strategist of RBC Capital Markets Group

Bob Dickey – Hi everybody!   Yes, been here twice before.  Always great to speak where (at 65) am one of youngest guys!  Much Laughter! 

-I follow stock market as technical strategist looking at charts & trends answering between 100 & 150 emails a day advising. 

-Analysts follow 20-30 stocks (all can handle) as opposed to self.  I look at charts, I follow everything.

-Have figured out how to ‘Make Money’ on the stock market!  You must know “How to Sell!”  If know this, you will win!  Wall street doesn’t teach this.

-I don’t invest in stocks  - don’t want to be biased. 

-Today, going to look at charts. (Bob Dickey’s published “Market Maps – April 2018” distributed to each Club table) Bob here reviewed key charts in detail on screen.

-A news junkie – love to know what’s going on.  Bulk of chart data’s from 3 internet sites (with permission).

-I draw lines on charts determining ‘trend lines’.   Bob here talked his trend lines showing upper deviation and lower deviation lines on yearly market value graphs – his ‘trend channel’.
 
-Absolutely, today a Bull Market.
 
-Don’t panic if market hits ‘trend channel’ lower line, ie down 20%  from upper line!
 
-Earnings drive stock market, not Presidents.  Chart patterns follow earnings very closely.  Nothing else matters much. -Earning expectations are high right now.
 
-Don’t expect market to hit ‘bottom of channel’ (referring to his lines on yearly market value graph) for 6-12 months.

-Two most important things to watch, Trends & Sentiment (how people feel). 

-Total Bull Market (Euphoria) is not Good.  Today, lovely having Trump as President as half of everybody unhappy.   This is great for market! 

-Lots of ways to track market Sentiment.   When everyone’s positive, time back off!

-Shape of charts doesn’t change with inflation.   Taxes haven’t changed chart data either. 

-Bearish periods do tend during periods of war.  (Cost to fight & demographics possibly involved...)

-Again, all charts based on “Earnings & Sentiment”. 

-I get nervous when everyone’s happy.   I’m really excited right now- Not All Happy! 

-Can see Dow Jones going to $100K in 12 years!  (Up slope now 8%.  Betting market will go to 12%)

-Interest rates going up now? (140 yr chart discussion followed): “We’ve had interest for 3,000 years  In all that time, never had interest rates this low -Means something!  Whoever predicting rates going up are WRONG!  In some countries interest rates still negative.  Our rates will bottom out and remain low for years. 
 
Here a brief Q&A broke out –only limited by Club President Mike Schall (enforcing Ham & Eggs meeting time limits)
 
 
Q&A
Q – How much overseas business doesn’t get returned to US?
A – No Clue - When get weird similar Q-  often Google to answer.  (Ongoing discussion lead to Stocks vs Commodities w CRB index chart review)
 
Q – Will volatility subside?
A – No.  Going to be volatile next couple years.
 
Q – Implications of huge national debt?
A – Don’t know.  National debt increasing a long time.  Last budget surplus, we ‘grew our way’.  Clinton had nothing to do with it.
 
Q – Effect of consumer confidence?
A – Sentiment – we discussed.
 
Club ambassador Dale Borgeson was observed distributing Membership forms to distinguished guests. 
 
 
Ron Jensen






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