From the Smithsonian: Spotlight on Science --- http://www.si.edu/research/spotlight/
One of the nation's most liberal (big red) states is
now lamenting a shortage of workers
"Mass. firms decry lack of workers Labor shortage blamed on recession departures," by Robert Gavin, The Boston Globe, July 24, 2005 --- http://www.boston.com/business/articles/2005/07/24/mass_firms_decry_lack_of_workers/
This seems to contradict liberal claims about the losses
of factory jobs ---
Google Map Service Covers Lunar Surface
Google Moon won't give you driving directions or the nearest restaurants, the types of information available with Google Maps and Google Earth. But the lunar tool lets you zoom and move around _ to the extent NASA has provided images for those areas. The feature debuting Wednesday at http://moon.google.com also shows the locations of all six Apollo moon landings. Click on one to get the date and astronauts involved.
Anick Jesdanun, "Google Map Service Covers Lunar Surface," The Washington Post, July 22, 2005 --- http://www.washingtonpost.com/wp-dyn/content/article/2005/07/22/AR2005072200506.html?referrer=email
Jensen Comment: This may be a great place to send the kids for summer camp.
Cheesy Humor in the Map Server
Messages from Amy Dunbar, Chuck Pier, Gary Tanner, and Eric Press
Il ne faut pas grand chose pour amuser les fous!!!
My friend, Suzanne, made that remark. Sure glad I don't understand French. _______________
That is hilarious!!!!!!!
Thanks for the laugh, Chuck! How on earth did you figure that out?
Click on the link http://moon.google.com in your message and then zoom in on the pictures. I was curious about how much detail you could get and choose the Apollo 11 site labeled "A". The closet zoom will prove what we have been told about the moon since we were children and also prove that the people at Google have a great sense of humor.
Charles A. Pier, Ph.D.
Assistant Professor Department of Accounting
Walker College of Business
Appalachian State University
Boone, NC 28608 email: firstname.lastname@example.org
I have already seen this one and noted that if you maximize the moon surface all the way and double click it again you get to see what the moon is really made of.
"It don't take much to make fools laugh."
If you zoom in all the way, you observe the fun.
Eric Press, Ph.D., C.P.A.
Associate Professor of Accounting
Fox School of Business
335 Speakman Hall
Temple University Philadelphia, PA 19122
Diana West talks about "Reality and Islam" --- http://jewishworldreview.com/0705/west072205.php3
A new take on porn flashing
Federal regulators accused seven companies Wednesday of hiring others to send illegal e-mails with pornographic messages to tempt consumers to visit adult Internet sites. The government said four of the firms already agreed to pay nearly $1.2 million to settle the charges, making it among the most aggressive government crackdowns on pornographic e-mail operations. The Federal Trade Commission described the practice as "electronic flashing" and said at least some of the unwanted e-mails were sent to children. The threat of children unwittingly receiving smut in their inboxes helped drive the U.S. government to impose restrictions on sending commercial e-mails last year.
Ted Bridis, "Feds Accuse Firms in Porn E-Mail Scheme," The Washington Post, July 20, 2005 --- http://www.washingtonpost.com/wp-dyn/content/article/2005/07/20/AR2005072001098.html?referrer=email
Beating the market is more of a function of luck and
willingness to take on risk than it's a function skill and
analysis (Unless you have inside information that is illegal
to use for profit)
This conclusion dovetails with the results of past research into what makes the equity markets go up or down. One widely cited study was conducted in the late 1980's by three economists - David M. Cutler and Lawrence H. Summers of Harvard (Mr. Summers is now Harvard's president) and James M. Poterba of the Massachusetts Institute of Technology. The professors found that news events accounted for a surprisingly small amount of the stock market's movements. None of this relieves investors of the need to view companies' financial data skeptically. At the same time, it's important to remain skeptical about our own analysis whenever we interpret the data differently than the market as a whole. More often than not, we're wrong.
Mark Hulbert, "So You Think You Can Outsmart the Market. Good Luck," The New York Times, July 24, 2005 --- http://www.nytimes.com/2005/07/24/business/yourmoney/24stra.html
Jensen Comment: The major focus of this article is the lack of market reaction to the FASB's amended rule requiring firms to expense stock options at the time of vesting rather than execution.
"Why the C.I.A. Wants M.B.A.'s," by Paul R. Brown, The New York Times, July 23, 2005 --- http://www.nytimes.com/2005/07/23/business/media/23offline.ready.html
FEELING WANTED Crooked chief executives and increased terrorist threats are proving to be a boon to newly minted finance professionals, CFO magazine reports this month.
"The U.S. government will hire as many as 13,000 professionals for business-related functions in the next two years," according to the article by Kate O'Sullivan.
Many will be hired by the Internal Revenue Service, but "other agencies, like the F.B.I. and the Securities and Exchange Commission are actively recruiting finance types, throwing themselves head-on into competition with private-sector employers, such as consulting firms," Ms. O'Sullivan writes.
Even the Central Intelligence Agency has shown interest. "The discipline in terms of being able to problem-solve and make quick, sound decisions based on little information takes a kind of mental agility that many M.B.A. holders have," says Harold Tate, chief of the C.I.A.'s recruitment center.
But it's the agency's mission and not the paycheck that is the lure. Despite the increased demand, there are no plans to raise the pay and benefits to match those offered by the private sector. "They're not coming here to earn a bunch of money," Mr. Tate said. "They know that."
Continued in article
Listing of Selected Accounting Blogs
Among the millions of Web logs permeating the Internet, there are some by and for accountants worth checking out. This article includes an Accounting Blog List that you can download, bookmark or print.
Eva M. Lang, "Accountants Who Blog," SmartPros, July 2005 --- http://accounting.smartpros.com/x49035.xml
Bob Jensen's threads on blogs are at http://www.trinity.edu/~rjensen/245glosf.htm#Weblog
Art History Updates
The Archive of Early American Images --- http://www.brown.edu/Facilities/John_Carter_Brown_Library/pages/ea_hmpg.html
Pioneering Modern Painting: Cézanne and Pissarro 1865 - 1885 http://www.moma.org/exhibitions/2005/cezannepissarro/index.html
Bob Jensen's threads on art are at http://www.trinity.edu/rjensen/Bookbob2.htm#History
Knowledge for (Economic) Development --- http://snipurl.com/KnowledgeDevelopment
In Support of Arab Democracy: Why and How --- http://www.cfr.org/pdf/Arab_Democracy_TF.pdf
"Bombers and Blamers A moral muddle on the left," Cathy Young, Reason Magazine, July 19, 2005 --- http://www.reason.com/cy/cy071905.shtml
The bombings in London on July 7, which killed 53 people and injured many more, were a powerful reminder that terrorism remains a clear and present threat in our cities. But they were also, to me, a reminder of something else. As annoying as I frequently find the right these days, with its cynical partisanship, its arrogance of power, and its politics of religious zealotry, my discontent with conservatives will never send me into the liberal camp—because the response to terrorism even on the moderate left remains an egregious moral muddle.
. . .
The Times letter-writer is hardly alone in his views. Juan Cole, professor of history at the University of Michigan and a leading left-of-center commentator on the Middle East, argues on his website and in an article at Salon.com that the London bombings are "blowback" from the US and its allies' misguided policies. Cole pooh-poohs the idea that Islamic fundamentalist terrorism is a product of hatred for the West's democratic values. In his view, it is a response to specific Western policies that are perceived as a war against Muslims, from Israeli oppression of the Palestinians to the military occupation of Iraq and Afghanistan.
Pardon me for pointing out the obvious, but the terrorist attacks of Sept. 11, 2001, took place before the occupation of Iraq and Afghanistan. Cole tries to make the case, citing the 9/11 Commission report, that Sept. 11 was "punishment on the United States for supporting Ariel Sharon's iron fist policies toward the Palestinians." Yet the report makes it clear that planning for the attacks had been underway for about two years before Sharon became prime minister of Israel in March 2001, though Osama bin Laden evidently wanted to move up the operation in response to Sharon's actions. And the radical Islamic terror network first struck New York City in 1993.
Other myopic responses abound. A few commentators insist on a moral equivalence between the deaths of Iraqi civilians in US military operations with the deaths of civilians in the London bombings. Yet the US military and its allies have made every effort to minimize civilian casualties; the deliberate killing of Iraqi civilians is overwhelmingly the work of so-called insurgents who drive explosive-packed cars into crowds of children while American soldiers hand out candy.
Meanwhile, on Fox News's Hannity & Colmes, the Rev. Jesse Jackson is asked whether the evil of terrorism can be fought by other than military means, and gives this reply: "Well, you know, we found an end to slavery, which is evil, without killing the slave masters." We did? Maybe Jackson has forgotten about the Civil War, in which the US military targeted civilians to a degree unimaginable in Iraq and Afghanistan today.
Continued in article
What Went Wrong? A onetime believer deconstructs the Iraq war --- http://www.reason.com/links/links072105.shtml
Forwarded by Auntie Bev
Four retired guys, two from California and two from Arizona, are walking down a street in Chicago.
Then they turn a corner and see a sign that says, "Old Timer's Bar" "ALL DRINKS 10 CENTS!"
They look at each other, and then go in.
The old bartender says in a voice that carries across the room, "Come on in and let me pour one for you. What'll it be, Gentlemen?"
There seems to be a fully stocked bar, so the 4 men each asked for a martini.
In short order, the bartender serves up 4 iced martinis and says, "That'll be 10 cents each, please."
They can't believe their good luck.
They pay the 40 cents, finish their martinis, and order another round.
Again, four excellent martinis are produced with the bartender again saying, "That's 40 cents, please."
They pay the 40 cents, but their curiosity is more than they can stand.
They've each had two martinis and so far they've spent less than a dollar.
Finally one of the men couldn't stand it any longer and asks the bartender, "How can you afford to serve martinis as good as these for a dime a piece?"
"Here's my story. I'm a retired tailor from Brooklyn, and I always wanted to own a bar. Last year I hit the lottery for $25 million and decided to open this place. Every drink costs a dime -- wine, liquor, beer, all the same."
"Wow!! That's quite a story," says one of the men.
The four of them sipped at their martinis and couldn't help but notice three other guys at the end of the bar who didn't have a drink in front of them, and hadn't ordered anything the whole time they were there.
One man gestures at the three at the end of the bar without drinks and asks the bartender, "What's with them?"
The bartender says, "They're seniors from Florida. They're waiting for happy hour."