Tidbits on January 17, 2006
Bob Jensen
at Trinity University 

Fraud Updates --- http://www.trinity.edu/rjensen/FraudUpdates.htm
For earlier editions of New Bookmarks go to http://www.trinity.edu/rjensen/bookurl.htm 
Archives of Tidbits: Tidbits Directory --- http://www.trinity.edu/rjensen/TidbitsDirectory.htm

Bob Jensen's various threads --- http://www.trinity.edu/rjensen/threads.htm
       (Also scroll down to the table at http://www.trinity.edu/rjensen/ )

Click here to search Bob Jensen's web site if you have key words to enter --- Search Site.
For example if you want to know what Jensen documents have the term "Enron" enter the phrase Jensen AND Enron. Another search engine that covers Trinity and other universities is at http://www.searchedu.com/.

I really like the Digital Duo show that appears weekly once again on PBS.  I found that you can bring up prior shows (video) on your computer by going to http://www.pcworld.com/digitalduo/index/0,00.asp

Bob Jensen's home page is at http://www.trinity.edu/rjensen/

Security threats and hoaxes --- http://www.trinity.edu/its/virus/

25 Hottest Urban Legends (hoaxes) --- http://www.snopes.com/info/top25uls.asp 

Stay up on the latest and the oldest hoaxes --- http://www.snopes.com/

Online Video
In the past I've provided links to various types of music and video available free on the Web. 
I created a page that summarizes those various links --- http://www.trinity.edu/rjensen/music.htm

View Video Your Way (Digital Duo) --- http://www.pcworld.com/digitalduo/video/0,segid,200,00.asp

Search for Online Video --- http://www.trinity.edu/rjensen/searchh.htm#VideoSearch

Free music downloads --- --- http://www.trinity.edu/rjensen/music.htm

In the past I've provided links to various types of music and video available free on the Web. 
I created a page that summarizes those various links --- http://www.trinity.edu/rjensen/music.htm

New from Jesse
Holding All My Love for You --- http://www.jessiesweb.com/holding.htm
If the sound does not commence after 30 seconds, scroll to the bottom of the page and turn it on.

New from Jesse
Travelin' Light ---
If the sound does not commence after 30 seconds, scroll to the bottom of the page and turn it on.

Wynton Marsalis (History of Jazz With Great Samples) --- http://joy2learn.com/jazz/index.html

From NPR
Okkervil River's (Folk) Music: Spookiness and Bloodshed --- http://www.npr.org/templates/story/story.php?storyId=5040648
(Scroll down for the samples.)

From NPR
Jens Lekman: Idiosyncratic Pop from Sweden --- http://www.npr.org/templates/story/story.php?storyId=5133204
Scroll down for the samples

KT (folk music) --- http://www.kttunstall.com/
Click on the house in the middle for continuous play

Streaming Radio

Forwarded by Bill Mister
Add to you list http://www.bluegrasscountry.org/They stream bluegrass 24 hours a day.
(I works for me by clicking on "Playing Now" and choosing Windows Media.  The appeals to donate get tiresome.)

Online Radio Locator --- http://www.radio-locator.com/

Guide to radio stations --- http://windowsmedia.com/radiotuner/MyRadio.asp

Search for "Streaming Radio" at http://www.google.com/advanced_search?hl=en


Photographs and Art

Smithsonian Online --- http://www.si.edu/
Also see http://www.coudal.com/moom.php

Paul Politis Black and White Photography ---  http://www.paulpolitis.com/

Art Cyclopedia --- http://www.artcyclopedia.com/mostpopular.html

From NPR
Touring Cezanne's Cultural Roots --- http://www.npr.org/templates/story/story.php?storyId=5132847

Joseph Holmes Natural Light Photography --- http://www.josephholmes.com/

Web Gallery of Art --- http://www.wga.hu/index1.html

Funny/Strange photographs --- http://www.whosefaultyvision.com/photos/index.cgi?catno=3

Dolce Vita --- http://www.collectifdolcevita.com/photographes.php

Dark Room People --- http://www.darkroompeople.com/

New Wonders --- http://www.n7w.com/voting1f.php

Online Books, Poems, References, and Other Literature
In the past I've provided links to various types electronic literature available free on the Web. 
I created a page that summarizes those various links --- http://www.trinity.edu/rjensen/ElectronicLiterature.htm

Contemporary Writers in the U.K. --- http://www.contemporarywriters.com/

Brainy History --- http://www.brainyhistory.com/

Famous Unsolved Codes and Ciphers --- http://www.elonka.com/UnsolvedCodes.html

Zen Koans --- http://www.ashidakim.com/zenkoans/zenindex.html

Austin Poetry Slam --- http://www.austinslam.com/

Skiing's Wild Child
In Europe, where he is a celebrity, Bode Miller has stood at the top of slalom runs and listened to 50,000 Austrians chanting "Bo-de, Bo-de." They know that his eccentric skiing style--butt back, feet forward, hands flying--and utter disregard for actually finishing a race, never mind winning it, will often produce compelling sport. In the combined downhill in the 2002 Salt Lake City Olympics, Miller was a nanosecond from disaster when he made what might have been the greatest 60 m.p.h. recovery in the history of skiing to claim a silver medal. He either lands on the podium or on his posterior.He is the world's best ski racer, but whatever the result, he laughs it off and maybe has a beer afterward. Or two. In a world where winners get endorsements and losers work for the ski patrol, Miller actually believes in that old Olympic canard that it's playing the game that counts. "Despite all the pressure and the caliber of accomplishment, I still can honestly say it is not all about winning," he told TIME during pre-Olympic training at Colorado's Copper Mountain. The important thing to him is to try to ski well--to improve, to reach his own goals--and most important, to have a good time.
Rebel on the Edge Bode Miller, Skiing's Wild Child, Is Willful, Thoughtful and the Most Exciting Show on Snow,"
by Bill Saporito, Time Magazine Cover Story, January 23, 2006 --- http://snipurl.com/TimeBode
Jensen Comment
Bode grew up only about three miles from my retirement cottage near Franconia Notch in the White Mountains of New Hampshire.  He grew up in a home that had no electricity or plumbing.  His parents run a youth camp where Bode, in spite of his celebrity status, still helps out every summer.  When he was small his mother took him along to Cannon Mountain where she worked as a bookkeeper for the skiing operation.  While she worked, this young toddler taught himself how to ski.  This is one of the reasons why his style today is unique.  He's gifted, fast, controversial, and above all his own man win or lose.

Bode is used to cold weather and high winds.  Maybe he learned drink a bit and ski so fast just to get off the miserable top of the mountain.  My wife, Erika, shivered while going to a funeral yesterday in the White Mountains

From the Top of Mt. Washington, January 16, 2006
  Conditions at 4:54 AM  
    Weather: Freezing fog  
    Temperature: -10°F   Visibility: 200 feet  
    Wind Chill Index: -56 °F   Relative Humidity: 100%  
    Wind: NW 114 mph   Station Pressure: 22.995  
    Ground Conditions: 6" snow and ice (the snow blows off the summit)  
Where's this thing called global warming?


Time is the best teacher, but unfortunately it kills all of its students.
Robin Williams as quoted by Mark Shapiro at http://irascibleprofessor.com/comments-01-10-06a.htm

I'm now teaching general education courses in speech and writing at a large university in Arkansas. Sure, students are coming to class wearing pajama bottoms and the girls are lugging huge purses of sequin coins or gold lamé usually carried by 80-year-old yentas in Miami. Sure, many students are pierced and tattooed in a variety of places. Their Pentecostal aunties are upset. I'm not. Except for the 5-7% who lie about missing deadlines, or profess not to know what plagiarism is, or expend more energy on b.s. than studying, the rest are sweet, often quite bright, and a joy to have in class. Let's not forget that.
Beverly C. Lucey, "Kids Today, The Irascible Professor, January 10, 2006 --- http://irascibleprofessor.com/comments-01-10-06a.htm

In 1960 the words from Bye, Bye, Birdie (Broadway Show) whined:

Kids! I don't know what's wrong with these kids today!

Kids! Who can understand anything they say?

Kids! They a disobedient, disrespectful oafs! Noisy, crazy, dirty, lazy, loafers! While we're on the subject:

Kids! You can talk and talk till your face is blue!

Kids! But they still just do what they want to do! Why can't they be like we were, Perfect in every way? What's the matter with kids today? ... (Lyrics- Lee Adams)

What happens when a teacher freaks out?
So today marks the day that I finally went loca en la cabeza in front of my students. I didn't snap over something worthy, like drugs or dropouts or a student telling me to f--k off. No. I, Miss Dennis, snapped over a stapler. A miniature purple stapler. It was missing, and I was mad.
Miss Dennis, "The Purple Stapler," The Irascible Professor, January 15, 2006 ---

Even more illuminating, there were 60% more mine injuries per year during the Clinton Presidency (6,500) than there have been in Mr. Bush's (4,100). The number of mine deaths per year has fallen to an average of 31 under Mr. Bush from an average of 39 under Mr. Clinton. Compare the number of fines with the number of accidents, and you see that the number of fines per accident has actually risen sharply under Mr. Bush. We know Bush hatred runs hot these days, and we're all for whacking public officials when they deserve it. But when journalists purport to inform readers about mining safety and regulation, they shouldn't attempt to strip-mine the facts.
"Strip-Mining the Facts," The Wall Street Journal,  January 13, 2006; Page A12 --- http://online.wsj.com/article/SB113711340133345476.html?mod=opinion&ojcontent=otep

Our bad and worse choices about Iran --- http://victorhanson.com/articles/hanson011306.html

Top Five Books on Constitutional Law
"We the People:  Top books on the Constitution," by Robert H. Bork, The Wall Street Journal, January 14, 2006 --- http://www.opinionjournal.com/weekend/fivebest/?id=110007813

1. "The Federalist" by Alexander Hamilton, James Madison and John Jay

2. "Commentaries on the Constitution of the United States" by Joseph Story (Hillard, Gray & Co., 1833).

3. "The Least Dangerous Branch" by Alexander M. Bickel (Bobbs-Merrill, 1962).

4. "The Rise of Modern Judicial Review" by Christopher Wolfe (Basic Books, 1986).

5. "Separation of Church and State" by Philip Hamburger (Harvard University, 2002).

From WebMD --- http://www.webmd.com/

Iraq's History Page --- http://www.angelfire.com/nt/Gilgamesh/history.html

Stop saying it's almost impossible for history professors to find jobs
Data that will be published this month in Perspectives, the magazine of the American Historical Association, show that 966 history positions were advertised there in the 2004-5 academic year, a 13 percent increase in one year. During the same year, the number of new Ph.D.’s reported by departments fell by 14 percent, to 840.
Scott Jaschik, "Improving Job Market in History," Inside Higher Ed, January 12, 2006 --- http://www.insidehighered.com/workplace/2006/01/09/histjobs

Jensen Comment
But the changed  market system may not solve the elitist bias in many disciplines, including history.

Inbred Historians:  Diversity Problem in History Departments
Only applicants from elite universities need apply
Recent decades have opened up history faculties so that they include more female and minority scholars. But a new report released by the American Historical Association says that in key respects history departments are becoming “less diverse.” Top doctoral programs are admitting Ph.D. students from a narrow group of mostly private institutions and top departments are in turn hiring from a narrow range of institutions, the report says. The preference of elite institutions to admit graduate students from other elite institutions is, of course, nothing new. But the history report says the discipline — having become more egalitarian — is now shifting back with regard to its mix of public and private graduates. In 1966, 57 percent of history Ph.D.’s had received their undergraduate degrees from private institutions, 37 from public institutions, and the remainder from international institutions. In the 1980s, public and private graduates had achieved parity. But in the 90s, the gap returned, growing to a 47-42 percent edge for private institutions, even though far more undergraduates attend public institutions.
Scott Jaschik, "Inbred Historians," Inside Higher Ed, September 26, 2005 --- http://www.insidehighered.com/news/2005/09/26/history 

Jensen Comment on the X-Chromosome Problem.
Elite colleges of business also have an inbreeding problem.  Often it's the same lack of diversity of hiring found among Ivy-type history programs hiring their own as described above.  If it isn't that, there is the X-Chromosome Problem that leaves selected doctoral programs with an overage of X chromosomes.  Professor XR1 at top University R has a doctoral student XC2 who gets tenure at University C.  XC2 then has a doctoral student XR3 who is hired back at old University R.  XR3 then has a doctoral student XC4 who is hired at University C.  XC4 then has doctoral student XR5 who is hired . . .

This is February 22, 2005 Tidbit
Soaring demand for economics professors
The growing quest for economic talent is largely a response to market forces. Economics is the leading major at many top schools, including Harvard, where 15% of undergraduates major in the subject. Universities figure top-name professors will help recruit the brightest students.
Timothy Aeppel, "Economists Gain Star Power:  Hot Demand Lifts Salaries, As Elite Universities Seek Big Names," The Wall Street Journal,  February 22, 2005; Page A2 --- http://online.wsj.com/article/0,,SB110902759512460268,00.html?mod=todays_us_page_one 

The end is in sight for film cameras
"Nikon Says It's Leaving Film-Camera Business," by Mike Musgrove, The Washington Post, January 12, 2006 --- http://www.washingtonpost.com/wp-dyn/content/article/2006/01/11/AR2006011102323.html?referrer=email

From The Washington Post on January 13, 2006

According to industry analysts, when did sales of digital cameras surpass sales of film cameras?

A. Six months ago
B. One year ago
C. Two years ago
D. Three years ago

Citation Guidelines
January 10, 2006 message from Diane J. Graves

To all faculty members:

The best defense--against the fraudulent use of sources, or the unintentional misuse of research materials--is a good offense! The library offers two resources to help your students cite their sources correctly and to understand why citation is valuable.

The Cite Sources page <http://lib.trinity.edu/research/citing/index.shtml> includes guidelines for citing materials in APA, MLA, Chicago (Documentation 1 and 2), and Turabian. These instructions assist students as they construct bibliographies or in-text citations. Further, the main page includes information about why citation is necessary for academic studies and valuable in student research and writing. Also take note that we offer a page on creating annotated bibliographies, including a couple of different styles of annotations and example PDF files.

RefWorks <http://lib.trinity.edu/research/citing/tutorials10.shtml> increases in popularity with every semester. As students conduct research across databases and as their lists of citations grow, lack of organization or the time lapse often necessitated by students' busy schedules can lead to inaccurate recording of resources.

NEW THIS SEMESTER, we've added a series of tutorials that students and faculty may watch to learn how to save items in their database or library catalog search and send it into their RefWorks account. These tutorials are short-- to facilitate repeated viewings.

In the fall 2005 semester, a number of professors included either the Cite Sources link or information about RefWorks in their syllabi. Both of these links are available at the library homepage. We believe that by offering these resources, students and faculty have a consistent resource to use when completing tasks related to giving attribution to sources.

If you have questions about these resources please contact your liaison librarian. If your students encounter challenges as they use the Cite Sources pages or RefWorks, please encourage them to visit the library's help desk in the Information Commons.

Have a great spring term!

Diane & the rest of the library faculty

Diane J. Graves,
Professor & University Librarian
Elizabeth M. Coates Library,
Trinity University
One Trinity Place, San Antonio, TX 78212

Americans are spending like there's no tomorrow
When the Commerce Department recently tallied up consumer finances for November, it found that Americans shelled out more money than they took in. It was the seventh such month of red ink during 2005. Kevin Lansing, an economist with the Federal Reserve Bank in San Francisco, tracks the personal savings rate -- the Commerce Department's measure of how much consumers have left after spending is subtracted from income. In November the savings rate was a negative 0.2 percent.
Tom Abate, "Americans saving less than nothing Spending could outstrip income in 2005, which hasn't happened since the Depression," San Francisco Chronicle, January 8, 2006 ---

Bob Jensen's threads on the dirty secrets of credit card companies are at http://www.trinity.edu/rjensen/fraudReporting.htm#FICO

In Wrongful Death: A Memoir
In 1991, Elliot L. Gilbert, chair of English at the University of California at Davis, went to the hospital for what ought to have been some fairly routine surgery. Mistakes were made. He died on the operating table. His wdow, Sandra M. Gilbert (also a professor of English at Davis), brought suit – a case finally settled out of court, but not before she piled up a mound of documents that gave her some sense of just what had happened. In Wrongful Death: A Memoir (Norton, 1995), she wrote: “Responsibility in the often miraculous but always highly technologized realm of modern medicine is so dispersed, so fragmented, that finally it accrues to no one.” Years earlier — long before her work with Susan Gubar on the landmark work of American feminist literary criticism The Madwoman in the Attic: The Woman Writer and the Nineteenth Century Literary Imagination (Yale University Press, 1979) — Gilbert had worked on a monograph she planned to call “‘Different, and Luckier’: Romantic and Post-Romantic Metaphors of Death.” The phrase in the title came from “Song of Myself,” in which Whitman declaimed that “to die is different from what anyone supposed, and luckier.”
Scott McLemee, "Beyond Consolation," Inside Higher Ed, January 11, 2006 --- http://www.insidehighered.com/views/2006/01/11/mclemee

Timeline of Art History (from the Metropolitan Museum of Art) --- http://www.metmuseum.org/toah/splash.htm


What may become the longest page on the Web?

"Student Aims High With Web Wall," by K.C. Jones, Information Week, January 10, 2006 --- http://www.informationweek.com/story/showArticle.jhtml?sssdmh=dm4.163111&articleID=175803446

They know about your diabetes:  Is this a privacy issue?
New York City is starting to monitor the blood sugar levels of its diabetic residents, marking the first time any government in the United States has begun tracking people with a chronic disease. Under the program, the city is requiring laboratories to report the results of blood sugar tests directly to the health department, which will use the data to study the disease and to prod doctors and patients when levels run too high.
"New York City Starts To Monitor Diabetics," by Rob Stein, The Washington Post, January 11, 2006; Page A03 --- http://snipurl.com/NYCdiabetes

January 6, 2006 message from Carolyn Kotlas [kotlas@email.unc.edu]

No Significant Difference Phenomenon website http://www.nosignificantdifference.org/ 

The website is a companion piece to Thomas L. Russell's book THE NO SIGNIFICANT DIFFERENCE PHENOMENON, a bibliography of 355 research reports, summaries, and papers that document no significant differences in student outcomes between alternate modes of education delivery.


Despite the growing number of distance learning programs, faculty are often reluctant to move their courses into the online medium. In "Addressing Faculty Concerns About Distance Learning" (ONLINE JOURNAL OF DISTANCE LEARNING ADMINISTRATION, vol. VIII, no. IV, Winter 2005) Jennifer McLean discusses several areas that influence faculty resistance, including: the perception that technical support and training is lacking, the fear of being replaced by technology, and the absence of a clearly-understood institutional vision for distance learning. The paper is available online at

The Online Journal of Distance Learning Administration is a free, peer-reviewed quarterly published by the Distance and Distributed Education Center, The State University of West Georgia, 1600 Maple Street, Carrollton, GA 30118 USA; Web: http://www.westga.edu/~distance/jmain11.html

Bob Jensen's threads on faculty concerns are at http://www.trinity.edu/rjensen/assess.htm

Also see Bob Jensen's threads on the dark side at http://www.trinity.edu/rjensen/000aaa/theworry.htm


"The notion that the future of education lies firmly in learning technology, seen as a tool of undoubted magnitude and a powerful remedy for many educational ills, has penetrated deeply into the psyche not only of those involved in delivery but also of observers, including those in power within national governments." In a paper published in 1992, Gabriel Jacobs expressed his belief that hyperlink technology would be a "teaching resource that would transform passive learners into active thinkers." In "Hypermedia and Discovery Based Learning: What Value?" (AUSTRALASIAN JOURNAL OF EDUCATIONAL TECHNOLOGY, vol. 21, no. 3, 2005, pp. 355-66), he reconsiders his opinions, "the result being that the guarded optimism of 1992 has turned to a deep pessimism." Jacob's paper is available online at http://www.ascilite.org.au/ajet/ajet21/jacobs.html .

The Australasian Journal of Educational Technology (AJET) [ISSN 1449-3098 (print), ISSN 1449-5554 (online)], published three times a year, is a refereed journal publishing research and review articles in educational technology, instructional design, educational applications of computer technologies, educational telecommunications, and related areas. Back issues are available on the Web at no cost. For more information and back issues go to http://www.ascilite.org.au/ajet/ajet.html .

See Bob Jensen's threads on the dark side at http://www.trinity.edu/rjensen/000aaa/theworry.htm


Using examples from the library publishing field, Julie Banks and Carl Pracht examined the roles of editors of traditional print journals and newer electronic journals. The authors findings, reported in "Movers and Shakers in the Library Publishing World Highlight Their Roles: Interviews with Print and Electronic Journal Editors - A Comparison" (E-JASL, vol. 6 no. 3, Winter 2005), show that the two formats were "more similar than different from each other in terms of the editors' and editorial boards' roles, relationships, work loads, and utilization of peer review." The paper is available online at http://southernlibrarianship.icaap.org/content/v06n03/banks_j01.htm .

E-JASL: The Electronic Journal of Academic and Special Librarianship [ISSN 1704-8532] is an independent, professional, refereed electronic journal dedicated to advancing knowledge and research in the areas of academic and special librarianship. E-JASL is published by the Consortium for the Advancement of Academic Publication (ICAAP), Athabasca, Canada. For more information, contact: Paul Haschak, Executive Editor, Board President, and Founder, Linus A. Sims Memorial Library, Southeastern Louisiana University, Hammond, LA USA;
phaschak@selu.edu ; Web: http://southernlibrarianship.icaap.org /.

For another publishing viewpoint, see:

"The Shift Away From Print" By Eileen Gifford Fenton and Roger C. Schonfeld INSIDE HIGHER ED, December 8, 2005 http://insidehighered.com/views/2005/12/08/schonfeld

Bob Jensen’s links to electronic literature are at http://www.trinity.edu/rjensen/ElectronicLiterature.htm


The recently-launched, refereed INTERNATIONAL JOURNAL FOR EDUCATIONAL INTEGRITY [ISSN 1833-2595] intends to provide a forum to address educational integrity topics: "plagiarism, cheating, academic integrity, honour codes, teaching and learning, university governance, and student motivation." The journal, to be published two times a year, is sponsored by the University of South Australia. For more information and to read the current issue, go to http://www.ojs.unisa.edu.au/journals/index.php/IJEI .

Bob Jensen's threads on plagiarism and cheating are at http://www.trinity.edu/rjensen/plagiarism.htm


In December Google launched a free, online publication, the GOOGLE LIBRARIAN NEWSLETTER. The newsletter was conceived at the 2005 American Libraries Association conference in Chicago as a way to answer questions raised by librarians and others who use Google for reference and research. The first issue discusses a frequently-asked question: "How does Google index the web, and, more important, how does it rank the results?"

To read Google Librarian Newsletter or to subscribe to the email version, go to http://www.google.com/newsletter/librarian/librarian_2005_12/newsletter.html .


$30 Million Gift to the Stanford Graduate School of Business

Anne T. and Robert M. Bass to Give Stanford Graduate School of Business $30 Million --- http://www.gsb.stanford.edu/news/headlines/bass_gift.shtml

No More Canadian GAAP
Sometime around 2010, Canada will cease to have a unique set of accounting principles which have generally been very close to U.S. GAAP.  Canada will move to international IASB standards now used in Europe and many other parts of the world.  The U.S. is working closely with the IASB toward the same goal, but in countries like the U.S. and China, the progress will be much slower until the IASB standards tighten up on various types of contracting.
See http://www.theglobeandmail.com/servlet/story/LAC.20060111.RGAAP11/BNPri

January 12, 2006 message from David Fordham, James Madison University [fordhadr@JMU.EDU]

There is a joke going around in Europe:

Pity the poor Canadians. They COULD have had the very best of everything: British culture, French cuisine, American technology...

Instead, they've got American culture, British cuisine, and French technology!

Back when I was working for the American division of a Canadian company, the Canadian executives always said that Canada being so close to the U.S. was like sleeping with an elephant... no matter how gentle or benevolent the creature was towards you, you still can't help being jostled and buffeted and knocked around by every little wiggle and squirm that the beast makes.

David Fordham

January 12, 2006 message from David Raggay [draggay@TSTT.NET.TT]

You may already know that the US SEC and the IASB are working on what is known as a convergence project -which aims to eliminate major differences between US GAAP and IFRS. At a recent seminar in Argentina, Sir David Tweedie, Chairman of the IASB, indicated that they were working towards abolishing the SEC-required reconciliation for companies wishing to list on US exchanges but which produce IFRS accounts, by 2007.

It therefore does not seem unrealistic that there will be little or no difference between IFRS and US GAAP by the end of this decade.


With Kind Regards,

David Raggay
Partner - Quality Assurance
Pierre, Raggay & Co. / IFRS Consultants
48 Mucurapo Road, St. James,
Port-of-Spain, Trinidad, W.I.

January 12, 2006 reply from Gerald Trites [gtrites@GMAIL.COM]

EU financial Institutions have adopted IFRS. They also need to conform to the requirements of Basel II, which has led them to change their reporting requirements. As a result, they have adopted XBRL and among the 25 countries have agreed that they would work to making use of XBRL to meet the filing requirements on an electronic basis using this standard. They are using the IFRS XBRL taxonomy, with extensions, and also have adopted a COREP taxonomy to enable the requirements of both filing requirements (IFRS with stock exchanges and Basel II with regulators) to be met with the one standard - XBRL.

Very progressive of them.

In case you've been really sweating out the latest inverted yield curve

"Don't Sweat the Inverted Yield Curve: No One Really Knows What It Means," Knowledge@Wharton,  University of Pennsylvania, January 2006 --- http://knowledge.wharton.upenn.edu/article/1362.cfm

Consider the inverted yield curve as the equivalent of an economic bogeyman. It's when the natural order up-ends and short-term interest rates are higher than long-term ones.

The Treasury bond yield curve inverted December 27 for the first time in five years. That gave shudders to those who see the phenomenon as a harbinger of recession. And yet, the U.S. economy is strong, and surveys show most forecasters think it will stay that way. So what does the inverted yield curve really mean?

"I think it sometimes portends a recession, sometimes not," says Marshall E. Blume, finance and management professor at Wharton. This time, it probably does not, he adds. "All the forecasts are quite favorable. There aren't any real excesses in the economy at the current time, and you usually think of recession as a tonic to the economy, to undo excess."

Business inventories are not excessively high, Blume notes. Recent government data has shown inflation picking up, which can lead to recession. But most of that is due to the oil-price jump last year, and oil has leveled off and doesn't appear likely to rise further. Also, the economy is less dependent on oil than it was during the recession-bound '70s, so oil-price increases are less likely to infect the broader economy, Blume says.

In fact, it's a bit of a stretch to describe today's yield curve as inverted, suggests Wharton finance professor Robert F. Stambaugh. "I certainly wouldn't describe it as a sharply inverted yield curve. It's 'flatish' and downward-sloping in some segments."

Continued in article

Now let's see what can be done about the hemorrhaging Amtrak
The U.S. Postal Service reported today it concluded fiscal 2005 with a net income of $1.4 billion on record revenues of $70 billion and record volume of 212 billion pieces of mail. "Financially, we are in the best position we've been since the 1970s," said Postmaster General John E. Potter at the December meeting of the Board of Governors. "Despite the strong financial and productivity records of recent years, we are facing a modest increase in postage rates in January."
USPS ENDS YEAR IN BLACK AND DEBT FREE; ESCROW FUND LOOMS --- http://www.usps.com/communications/news/press/2005/pr05_108.htm

Here's a unique argument for polygamy
Chechnya has lost so many men to war that survivors should be legally allowed to take several wives, acting Prime Minister Ramzan Kadyrov has said.
"Polygamy proposal for Chechen men," BBC News, January 13, 2006 --- http://news.bbc.co.uk/2/hi/europe/4610396.stm

Government Subsidies to Publisher of Textbooks
Why did the federal government give $25,511,064 to a non-government organization last year to prepare the textbooks for teaching civics to schoolchildren? Since 1997, the Center for Civic Education has received at least $110,418,717 from the government and has succeeded in essentially taking over the supply of materials for teaching civics in American schools. President Bush eliminated this funding in his 2006 budget, but 38 senators, led by Arlen Specter, R-Penn., and Tom Harkin, D-Iowa, joined 98 representatives, led by Ralph Regula, R-Ohio, and David Obey, D-Wis., to have this funding restored.
Henry Lamb, "End federally funded textbooks," WorldNetDaily, January 14, 2006 --- http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=48336

Elephants on Vodka
Indian elephants preparing to perform in the Mongolian capital of Ulan Bator are drinking daily doses of vodka to help them survive temperatures as low as minus 28 degrees Celsius, a media report said. The elephants are working for the Moscow State Circus, which on Sunday plans to hold its first show in Mongolia in 25 years, the UB Post newspaper said in a report posted on its website.
"Hic! Jumbo drinks to beat winter," Hindustan Times, January 14, 2006 --- http://www.hindustantimes.com/news/181_1598358,00050004.htm

Is there moral hazard in linking performance pay of teachers to their students' test scores?
Over the objections of the teachers' union, the Board of Education here on Thursday unanimously approved the nation's largest merit pay program, which calls for rewarding teachers based on how well their students perform on standardized tests. The $14.5 million program, which immediately replaces a model with lower incentives, would distribute up to $3,000 annually per teacher and up to $25,000 for senior administrators.
Ralph Blumenthal, "Houston Ties Teachers Pay to Test Scores," The New York Times, January 13, 2006 --- http://www.nytimes.com/2006/01/13/national/13houston.html

"Another Chinese Export Is All the Rage: China's Language," by Howard W. French, The New York Times, January 11, 2006 --- http://www.nytimes.com/2006/01/11/international/asia/11china.html 
Jensen Comment
At Trinity University, double majors in Chinese and Business Administration is increasingly popular, especially among top students.

"What Is Environmental Accounting?" AccountingWeb, January 6, 2006 ---

Environmental Management Accounting (EMA) is a cover title used to describe different aspects of this burgeoning field of accounting. The focus of EMA is as a management accounting tool used to make internal business decisions, especially for proactive environmental management activities. EMA was developed to recognize some limitations of conventional management accounting approaches to environmental costs, consequences, and impacts. For example, overhead accounts were the destination of many environmental costs in the past. Cost allocations were inaccurate and could not be traced back to processes, products, or process lines. Wasted raw materials were also inaccurately accounted for during production.

Each aspect of EMA has a general accounting type that serves as its foundation, according to the EMA international website. The following examples indicate the general accounting type followed by the environmental accounting parallel:

Management Accounting (MA) entails the identification, collection, estimation, analysis, and use of cost, or other information used for organizational decision-making. Environmental Management Accounting (EMA) is Management Accounting with a focus on materials and energy flow information, with environmental cost information.

Financial Accounting (FA) comprises the development and organizational reporting of financial information to external parties, such as stockholders and bankers. Environmental Financial Accounting (EFA) builds on Financial Accounting, focusing on the reporting of environmental liability costs with other significant environmental costs.

National Accounting (NA) is the development of economic and other information used to describe national income and economic health. Environmental National Accounting (ENA) is National Accounting focusing on the stocks of natural resources, their physical flows, environmental costs, and externality costs.

EMA is a broad set of approaches and principles that provide views into the physical flows and costs critical to the successful completion of environmental management activities and increasingly, routine management activities, such as product and process design, capital budgeting, cost control and allocation, and product pricing, according to the EMA international website.

Continued in article

Bob Jensen's threads on triple bottom accounting are at http://www.trinity.edu/rjensen//theory/00overview/theory01.htm#TripleBottom

Financial Statements Are Still Valuable Tools for Predicting Bankruptcy
Despite growing public skepticism over how useful financial statements are in providing information to investors, researchers at Stanford’s Graduate School of Business have found that the value of financial ratios for predicting bankruptcy has not declined significantly over time. Professors Maureen McNichols and William Beaver and graduate student Jung-Wu Rhie have reexamined the usefulness for predicting bankruptcy of financial ratios such as return on assets (net income divided by total assets), cash flow to total liabilities (earnings before interest, depreciation, and taxes divided by both short- and long-term debt), and leverage (total liabilities to total assets). The study explored how three forces have influenced this predictive value over the past 40 years.
"Financial Statements Are Still Valuable Tools for Predicting Bankruptcy," Stanford Graduate School of Business Newsletter, November 2005 --- http://www.gsb.stanford.edu/news/research/acctg_mcnichols-beaver_bankruptcy.shtml

Bob Jensen's threads on the economic theory of accounting are at http://www.trinity.edu/rjensen//theory/00overview/theory01.htm#EconomicTheory

From The Scout Report on January 13, 2006

Pluralism Project --- http://www.pluralism.org/index.php 

Like many academic projects, the Pluralism Project began as a small gathering of academicians interested in exploring a rapidly changing phenomenon of social life, in this case, the world of religion. Since its inception in 1991, the Pluralism Project (located at Harvard University) has engaged in a broad research agenda that includes providing educational resources to college educators and disseminating reports on the nature of religion in American cities. On their site, visitors can learn about their activities, and perhaps most interestingly, examine some of the online resources they have created. These resources include calendars of religious events, online slide shows (such as the one that profiles a Hare Krishna community in West Virginia) and bibliographies of key works dealing with various faiths, including Buddhism, Jainism, and Islam. Finally, visitors can also sign up to receive their monthly email newsletter.

U.S. Congress Votes Database http://projects.washingtonpost.com/congress/ 

While many people may eventually become aware of how their elected officials in the U.S. Congress voted on a particular bill or resolution, this database created by the Washington Post will allow them to find out rather quickly. Utilizing a variety of authoritative data sources (such as the web site of the Senate and the Library of Congress’s THOMAS site), the database contains the results of every vote cast in the Congress since 1991. Visitors can look at vote results in a variety of different ways, such as particular Congress or a particular individual. Recently, they also added a selection of “Votes by Type”, such as those cast on impeachments, treaties, and vice- presidential tiebreakers. Additionally, the site contains a RSS feed of recent votes by each member of Congress.

Katrina Index: Tracking Variables of Post-Katrina Reconstruction http://www.brookings.edu/metro/pubs/200512_katrinaindex.htm 

The Brookings Institution has released a number of reports on the efforts to rebuild the areas affected by Hurricane Katrina over the past few months, and a number of them have garnered significant attention by policymakers and other interested parties. This 47-page report authored by Bruce Katz, Matt Fellowes, and Mia Mabanta, gives a detailed data-oriented summary of the recent progress that has occurred. Some of their findings are not particularly encouraging, including the revelation that unemployment rates continue to rise throughout the affected region and that buying food is still rather difficult to do throughout the metropolitan area. The report does offer some positive news, such as the fact that the number of open bus routes in Orleans Parish has increased. Overall, this is a very well- researched paper that should prove valuable to anyone with an interest in the future reconstruction and sustainability of this area.

AOL OKs $25million settlement over suits
America Online Inc. agreed to pay customers as much as $25 million to settle claims that it wrongly billed them for some online services and products.
Thom Weidlich, "AOL OKs $25million settlement over suits: Service wrongly billed its clients, plaintiffs claim," Bloomberg News, January 7 2006 ---

Bob Jensen's fraud updates are at http://www.trinity.edu/rjensen/FraudUpdates.htm

What is the 70 Percent Solution to managing innovation?

"The 70 Percent Solution:  Google CEO Eric Schmidt gives us his golden rules for managing innovation," CNN Money, December 1, 2005 --- http://money.cnn.com/magazines/business2/business2_archive/2005/12/01/8364616/index.htm

How has "Don't be evil" helped Google? When I showed up, I said, "You've got to be kidding." Then one day, very early on, I was in a meeting where an engineer said, "That would be evil." It was as if he'd said there was a murderer in the room. The whole conversation stopped, but then people challenged his assumptions. This had to do with how we would link our advertising system into search. We ultimately decided not to do what was proposed, because it was evil. That kind of story is repeated every hour now with thousands of people. Think of "Don't be evil" as an organizing principle about values. You and I may disagree on the definition of what is evil, but at least it gives us a way to have a very healthy debate.

But as you've grown, outsiders apply their own view of what is evil and use it to point out your company's flaws. There's nothing wrong with that. We believe in that sort of criticism. But the way "Don't be evil" works is no different from pulling the rip cord on the Japanese assembly line. Any person on the assembly line can pull the rip cord to stop the line. Think of it as employee empowerment

Does Google have some kind of grand strategic plan for the new products it creates? Virtually everything new seems to come from the 20 percent of their time engineers here are expected to spend on side projects. They certainly don't come out of the management team.

But you decide which arrows you put the wood behind, so to speak. Right? Yes, but we do that once there's sufficient critical mass, which is if there's a small set of engineers and a product manager who are excited about something.

What do you do with your 20 percent time? Well, 20 percent time applies to the technical staff. It does not apply to sales or management. Here's how it works for management: We spend 70 percent of our time on core search and ads. We spend 20 percent on adjacent businesses, ones related to the core businesses in some interesting way. Examples of that would be Google News, Google Earth, and Google Local. And then 10 percent of our time should be on things that are truly new. An example there would be the Wi-Fi initiative--which I haven't kept up with myself. God knows what they've done in the last week. I've been too busy on core search and ads.

How do you enforce that 70/20/10 rule? For a while we put the projects in different rooms. That way, if we were in one room too long, we knew we were not spending our time correctly. It was sort of a stupid device, but it worked quite well. Now we have people who actually manage this, so I know how I spend my time, and I do spend it 70/20/10.

Continued in article

Partnership for a Nation of Learners --- http://www.partnershipforlearners.org/ 

We're glad you're here! If you're a museum, library or public broadcaster, we want to help you work together to address local needs, increase civic engagement and improve the quality of life in your community.

On this site you will find resources that will help you to partner effectively with each other and with other organizations in your area – case studies, exercises, tools – as well as information about training events and sources of project funding.

Coping with students seeking special favors near the end of each semester
Tis the season when the chasm between delightful and detestable students is at its greatest. There are many mature, polite, grateful, eager-to-learn students — or most of us would leave the field — but as the nights grow colder, the immature, rude and entitled students emerge from their dorm rooms and head towards our offices. As the holidays approach, the whining minority who clamor for special attention unfortunately eclipse those eager souls who love learning, show talent, work hard, express enthusiasm and evince creativity. Cursed be all undergrads requesting special treatment!
Mary McKinney, "Coping With ‘Oy Vey’ Students," Inside Higher Ed, December 19, 2005 --- http://www.insidehighered.com/views/2005/12/19/mckinney 

Options Markets for Sporting Even Tickets
A Chicago company,
Sports Reserve, has opened up an options market for tickets to major sporting events. For a fee, you can buy an option (they call them "Fan Forwards") to purchase a ticket to a sporting event (like the Super Bowl) for a particular team. So, if you've got the good sense to be a UConn Huskies fan, you can currently buy two Fan Forwards to the 2006 Final Four at a current price of $245 each. This gives you the right to buy two upper deck seats to the Final Four at their face value of $140 each if UConn makes it. If not, the Fan Forwards expire, and would be worthless.
"Options Markets For Tickets," Financial Rounds, January 10, 2006 ---
Jensen Comment
These options do not fall under FAS 133 accounting rules since FAS 133 excludes underlyings based upon weather or sporting outcomes. 

Bob Jensen's tutorials on derivatives accounting are at http://www.trinity.edu/rjensen/caseans/000index.htm

Pathetic literacy levels of college graduates
Christopher Phelps reflects on his students’ finals and a new report on the pathetic literacy levels of college graduates.
Inside Higher Ed, December 20, 2005 --- http://www.insidehighered.com/views/2005/12/20/phelps

Heart-burn cure may be worse than cause
Holiday revelers beware: Seasonal indulgences such as eggnog and fruitcake might give you heartburn, but the acid-fighting medicine you take for relief might lead to something worse, researchers say. People on popular prescription drugs for treating acid reflux — Prilosec, Prevacid and Nexium — seem more prone to getting a potentially dangerous diarrhea caused by the bacterium Clostridium difficile, new research shows. C-diff, as it's known, can cause severe diarrhea and crampy intestinal inflammation called colitis.
Lindsey Tanner, "Heart-burn cure may be worse than cause," The Seattle Times, December 20, 2005 --- http://seattletimes.nwsource.com/html/nationworld/2002693164_heartburn20.html

On the heels of damaging audit inspection outcomes by the PCAOB in the U.S., the Canadian CPAB finds serious deficiencies in Canadian audits
The CPAB report also called for firms to improve audit quality after it found five of 87 engagements chosen for review suffered "serious deficiencies," and were not conducted in accordance with Generally Accepted Auditing Standards. "In each of the cases, we felt the firm had not done enough audit work to support its opinion given the financial statements," he said.
"Many accounting firm managers break policy: audit:  CPAB review finds over half did not report all their investments, securities of clients." Shirley Won, The Globe and Mail, December 20, 2005 ---  http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/20051220/RACCOUNTING20/TPBusiness/Canadian 

One of the areas needing improvement for the firms was compliance with firm policies and procedures ensuring auditor independence. Of the 87 audits inspected, five were found to be deficient and not performed in accordance with General Accepted Accounting Standards (GAAS). Specifically, insufficient audit evidence was provided to support the audit opinion. Thiessen continued, “Over the past two years, CPAB has instigated a number of changes to improve the quality of audits in this country. These improvements are now being implemented and should enhance the credibility of financial statements of public companies and confidence in Canada’s capital markets.”
AccountingWeb, December 21, 2005 --- http://www.accountingweb.com/cgi-bin/item.cgi?id=101596 

 Bob Jensen's threads on fraudulent and incompetent audits are at http://www.trinity.edu/rjensen/FraudConclusion.htm#IncompetentAudits

"Glass shape 'affects drink size'," BBC News, December 23, 2005 --- http://news.bbc.co.uk/2/hi/health/4552668.stm

The US researchers from Cornell University asked 198 students and 86 bartenders to pour a shot of alcohol.

They found students poured 30% more into the short glasses, while bar workers faired only slightly better at 20%, the British Medical Journal said.

The groups poured more than a standard shot measure into both types of glasses.

Students also said they thought the tall glasses held more, suggesting they were trying to compensate for size when pouring into the short, wide glasses.

The people participating in the study were asked to pour four different types of drinks - vodka tonic, rum and cola, whisky and gin and tonic.

Practice led students to pour less into tall glasses, but did not affect the amount put in the short ones, while bar staff poured less in each.

Lead researcher Brian Wansink said the findings suggested people should think more carefully about the measures they pour and it might be useful to mark on glasses to signify what equates to a shot.

And he added: "If short tumblers lead even bartenders to pour more alcohol than tall highball glasses the way to better control alcohol consumption is to use tall glasses or to use glasses with the alcohol level marked on them - and to realise that, when alcoholic drinks are served in a short wide glass, two drinks are actually equal to two and a half."

Continued in article

Jensen Comment
I think this study confounds short/tall with wide/narrow.  If an accurate single shot is poured into a wide glass, the amount of booze in a wide glass is spread so wide that it looks like almost nothing is in the glass.  Bartenders seeking happy customers may want a bit more booze showing up in the glass.  In a very narrow glass, a shot rises further up on the sides and is more visible in the glass.  This is probably why many bars have short and very narrow glasses or upward-tapered (stem ware) glasses for patrons drinking booze straight..  The study would be more interesting if tapered glasses were compared when they taper in opposite direction (e.g., tapered up as in a martini glass versus tapered down as in a chemistry beaker.  With tapered glasses of the same height, my guess is that the bartenders would pour more booze into the beakers.

Support for the U.S. is surging in some parts of the Muslim world?
Released today, the poll commissioned by the nonprofit organization Terror Free Tomorrow and conducted by Pakistan's foremost pollsters ACNielsen Pakistan shows that the number of Pakistanis with a favorable opinion of the U.S. doubled to more than 46% at the end of November from 23% in May 2005. Those with very unfavorable views declined to 28% from 48% over the same period. Nor is this swing in public opinion confined to Pakistan. A similar picture is evident in Indonesia, the world's most populous Muslim nation. Again that's largely because of American generosity in the wake of a natural disaster. A February 2005 poll by Terror Free Tomorrow showed that 65% of Indonesians had a more favorable opinion of the U.S. as a result of American relief to the victims of last December's tsunami. If these changes in Pakistan and Indonesia influence thinking in other countries, then we could be looking at a broader shift in public sentiment across the Muslim world.
Husain Haqqani and Kenneth Ballen, "Our Friends the Pakistanis:  Support for the U.S. is surging in some parts of the Muslim world," The Wall Street Journal, December 19, 2005 --- http://www.opinionjournal.com/editorial/feature.html?id=110007699

Al-Qaeda Networks Uncovered in Morocco
Investigations into Jama'at al-Tawhid wal-Jihad bil-Maghrib (the Monotheism and Jihad group in Morocco) cells broken up by Moroccan security have revealed the inroads al-Qaeda has made into the region (see Terrorism Focus, Volume II, Issue 22). From the testimony of the arrested Belgian national Mohamed R'ha, al-Qaeda has emphasized the restructuring of its organization in Saudi Arabia and set up affiliate organizations in North Africa. As part of the broader restructuring plan, the Algerian Groupe Salafiste pour la Prédication et le Combat (GSPC) is to rejoin bin Laden's organization and provide support bases for its expansion, in order to more...
Stephen Ulph, "Al-Qaeda Networks Uncovered in Morocco," Jamestown Foundation, December 13, 2005 --- http://jamestown.org/terrorism/news/article.php?articleid=2369848

The Access Principle’
The book reviews the various models to bring the dissemination of knowledge online and to make it free, and along the way, the book criticizes plenty of publishing practices, copyright interpretations and scholarly traditions. John Willinsky, professor of language and literacy education at the University of British Columbia, has devoted much of his scholarship to the ideas behind the book. Among other things, he directs the Public Knowledge Project, which is financed by the Canadian government to promote the free exchange of information. Willinsky responded to questions about the themes of his book.
Scott Jaschik, "‘The Access Principle’," Inside Higher Ed, December 20, 2005 --- http://www.insidehighered.com/news/2005/12/20/access

Bob Jensen's threads on the disastrous DMCA are at http://www.trinity.edu/rjensen/000aaa/theworry.htm#Copyright

Digital-Rights Management Will Get Worse Before It Gets Better
Fresh off the multiple scandals surrounding Sony's use of rootkit-implanting digital-rights management technology, Google is now facing the wrath of some bloggers who are complaining about its foray into this arena. As part of
Google's announcement last week of its online video store, where it will sell content from CBS, the National Basketball Association, and others, the company said it has developed its own DRM software to prevent people from distributing downloads in violation of its partners' copyrights. But this isn't going over well in some camps. Among other things, people are saying we don't really need another DRM system that doesn't play nicely with anyone else's. And sure, they're right about that--but the need to protect online content isn't going away anytime soon, and that need will grow and morph as different forms of content are delivered by various types of middlemen like Google. Apple, Yahoo, and others will no doubt soon join the DRM party as they gear up to deliver video content.
Johanna Ambrosio, "Digital-Rights Management Will Get Worse Before It Gets Better," InformationWeek Newsletter, January 11, 2006

Accounting History (across hundreds of years)
A Change Fifty-Years in the Making, by Jennie Mitchell, Project Accounting WED Interconnect --- http://accounting.smwc.edu/historyacc.htm

Bob Jensen's threads on accounting history are at http://www.trinity.edu/rjensen//theory/00overview/theory01.htm#AccountingHistory

Specialized Search Engines

  • Books

  • Job Listings

  • Industry

  • Homes to buy or rent

  • Airlines and hotels

  • Email addresses, phone numbers, postal addresses

  • References and answers

Beyond Google with Specialized Search Engines
Instead of trawling through billions of Web pages to find results, the way the big engines do, vertical engines limit their searches to industry-specific sites. And they usually serve up lists of actual things -- such as houses for sale or open jobs -- instead of links to pages where you might find them. So you spend less time skimming through irrelevant links to find what you want. On top of that, the sites let you filter the results by factors such as salary, price or location. "Often, a specialized database can take you directly" to the most useful information and save you time, says Gary Price, news editor of the Search Engine Watch site. "Every useful result can't be in the first few results from a major Web engine, and that's where most people look."
Kevin J. Delaney, "Beyond Google:  Yes, there are other search engines. And some may even work better for you," The Wall Street Journal, December 19, 2005; Page R1 ---

Here's a look at some common search tasks -- and a sampling of specialized search engines that will get you what you're looking for.

a book

isbn.nu,   BookFinder,   RedLightGreen,   NetLibrary


job listings

Simply Hired,   Indeed,   Yahoo HotJobs


information from your industry

GlobalSpec,   Scirus,   IT.com,   LawCrawler


a home to buy or rent

Trulia,   HomePages,   Oodle


airline flights, hotels

SideStep,   Kayak,   FareChase,   Mobissimo


a person's phone number and postal or email address

Argali White & Yellow


entries from reference sources


If you go to a big search engine looking for background on a certain topic, you'll usually get a series of links to other pages -- which means more surfing to get what you want. Answers.com, formerly known as GuruNet, cuts out the middleman by collecting all the information and organizing it into a Web page.

Type "Internet" into the site, for example, and it displays a comprehensive history and explanation of the Internet, with entries culled from the Computer Desktop Encyclopedia, Columbia University Press Encyclopedia, Wikipedia and other sources. The top results from Google on a recent day, by contrast, included the sites of Microsoft's Internet Explorer software and an online movie database.

"We see ourselves as complementary to search engines," says Bob Rosenschein, chairman and chief executive of Answers Corp. in Jerusalem, which offers the service. Indeed, Google's results page for some queries includes a "definition" link that takes users to the Answers.com results for the same query.

Bob Jensen's search helpers are at http://www.trinity.edu/rjensen/searchh.htm

December 20, 2005 reply from Richard J. Campbell [campbell@RIO.EDU]

Think of this site as a collection of links for those few subjects that Bob Jensen can’t cover.


Richard J. Campbell

State Law Itself is "Cracked"
Even though Lutcher's police chief pleaded guilty to three federal felony counts of selling crack cocaine, the 23rd Judicial District Attorney's Office will have to file a lawsuit against him to ensure he is permanently removed from his job. Mike Heltz, Lutcher's town attorney, said Thursday state law dictates that the lawsuit has to be filed in the case if the public official convicted of a felony does not resign. And Corey Pittman, 29, has not resigned as Lutcher's police chief.
Steven Ward, "Lutcher attorney: Suit necessary in chief's case," The Advocate, December 25, 2005 --- http://www.2theadvocate.com/stories/122505/sub_town001.shtml

Touch User Interface Links Podcasts To Printed Text
Somatic Digital LLC said Friday it has developed technology that lets publishers integrate podcasts into their paper and ink content. The tool is offered through the BookDesigner software suite. The software tool allows publishers tie a podcast to a paper-based text, supplement or magazine, the company said. The reader touches the page in a printed book and a podcast is directed to the reader’s computer or download to an MP3 player through Bluetooth technology. The podcast can serve as a supplement to the paper-based product bringing new revenue opportunities to publishers and authors, the company said.
Laurie Sullivazn, "Touch User Interface Links Podcasts To Printed Text," Information Week, December 16, 2005 --- http://www.internetweek.cmp.com/showArticle.jhtml?sssdmh=dm4.161133&articleId=175004719

A little like the Marshall Jevons (Breit and Alzinga) Academic Murder Mysteries
Thomas B. Jones, who has 35 years of experience in higher education as a professor of history, academic administrator and educational consultant, answers that question with The Missing Professor (Stylus), which he readily admits is a “rank amateur” writing effort.. . . The 146-page book focuses on a protagonist named Nicole Adams, who, against the advice of her father and a faculty mentor chooses to teach at the struggling university, in the middle of a cornfield in Iowa. The antagonists are just about everyone else, including backward hat wearing students, evil-minded administrators, and a cat, Munchkin, who just can’t leave Nicole’s love life alone.
Rob Capriccioso, "Professor Nancy Drew to the Rescue," Inside Higher Ed, January 12, 2006 --- http://www.insidehighered.com/news/2006/01/12/missing

Bob Jensen's selections of some murder mysteries written by professors are in the latter portions of the document at http://www.trinity.edu/rjensen/acct5341/speakers/muppets.htm

New Yahoo Service Looks To Improve ROI Of Online Ads
Yahoo Inc. and Marketing Management Analytics Inc. on Friday launched a service that helps advertisers determine the effectiveness of online ads on sales. The move comes as marketers are under increasing pressure by companies to justify the high cost of advertising, both on and offline. The new service delivers returns on investment by assessing ads on Yahoo and measuring their effectiveness against ads on other media, whether it's on another web site or on television or print. Besides the comparison of marketing campaigns, the service provides recommendations to marketers on how to maximize the effectiveness of their overall spending on advertising. The service would be available at an additional cost. Greg Stuart, president and chief executive of the Interactive Advertising Bureau, said marketers are increasingly under pressure to show chief executives and financial officers that advertising dollars are having a positive affect on sales.
Antone Gonsalves, "New Yahoo Service Looks To Improve ROI Of Online Ads," InformationWeek, December 16, 2005 --- http://www.internetweek.cmp.com/showArticle.jhtml?sssdmh=dm4.161133&articleId=175004707 

Bob Jensen's threads on the controversies of ROI analysis are at http://www.trinity.edu/rjensen/roi.htm

A major university struggling with finances returns a $11 million gift: 
They should've given it to Seminole's football team

Florida State University announced Wednesday that it would return $11 million in gifts to a chemistry professor and his foundation. Robert A. Holton, the donor, gave the money for a new chemistry building and for other purposes, but Holton and the university have been fighting over how the funds would be used.
Inside Higher Ed, January 12, 2006 --- http://www.insidehighered.com/news/2006/01/12/qt

High Versus Low Caste System Among College Faculty
The abuses placed upon adjunct faculty members by college administrations are legion, long-standing, and not likely to lead to change anytime soon — despite intermittent committees, activist organizations, and other groups of well-meaning but naïve educated people. Still, hope blooms eternal and the forces of justice press onward. I am not about to add to that fray, but rather, will reflect upon a higher caste of faculty. How much higher, though, is up to debate.
Izzy Academic, "Doing Hard Time, Full Time, Inside Higher Ed, January 12, 2006 --- http://www.insidehighered.com/views/2006/01/12/izzy

From the Scout Report on December 16, 2005

The Valley of the Shadow: Two Communities in the American Civil War http://valley.vcdh.virginia.edu/

Telling the story of the American Civil War can be a rather fractious and divisive process, but this website brings together a number of unique perspectives for general consideration. The Valley of the Shadow site details life in and around Augusta County, Virginia, and Frankly County, Pennsylvania from the time of John Brown’s Raid through the era of Reconstruction. Visitors will find within the site hundreds of relevant and compelling documents, including church records, maps, personal diaries, soldiers’ records, and census materials. Some of the documents (such as census records) can be viewed side-by-side for comparative purposes. The “Memory of the War” area is particularly moving as it contains first-hand recollections of the period after the war concluded in 1865. Within this area, the primary documents offered here are divided into sections that include reunions, politics, and obituaries. Overall, the site makes a fine educational resource for both young and old.

Ripples of Genocide: Journey Through Eastern Congo [Macromedia Flash Player] http://www.ushmm.org/museum/exhibit/online/congojournal/ 

The United States Holocaust Memorial Museum has done a fine job of providing online materials and exhibitions about various genocides throughout history, and this latest offering provides a sobering and honest look at such a situation in the eastern Congo. This highly interactive site draws on the impressions and contributions of four people who visited the region in 2003 and 2004. These people include a number of journalists and activists, including Angelina Jolie and John Prendergast. Visitors can proceed through an outstanding virtual journal, which contains numerous photographs from the region, audio narration, and a number of collages. Along with this visually and aurally arresting material, the site also contains a link to a new report on the current situation in the Congo from the International Rescue Committee.

FDA Consumer Magazine http://www.fda.gov/fdac/ 

Some readers may find the thought of reading the average government publication less than riveting, but fortunately the Food and Drug Administration’s in-house publication, FDA Consumer, is both well-written and informative. Intended for both a general audience and those concerned with the ongoing work of the FDA, the magazine offers broad coverage on both how to stay healthy and the regulatory work that is part of their mission. Every issue features a consumer quiz, commentary on recent regulatory activities, and a column from the magazine’s editor. On their site, visitors can read the complete contents of recent issues and also take a look at special issues on drug development and food labeling. The online archive is quite impressive, as it stretches back to 1989, although the contents of the entire magazine are not available for earlier years.

Newsplorer 1.0 --- http://www.newsplorer.com/ 

There is a tremendous amount of news floating around the web, but some users may find it difficult to locate exactly what they may be looking for. This handy news reader application may be of great use to some users who find themselves vexed by this situation. Newsplorer 1.0 groups news sources by category, provides a popup windows displaying the latest news headlines, and also contains an offline browsing feature. This version is compatible with all computers running Windows 95 and newer.

SETI@home 5.2.1 http://www.setiathome.ssl.berkeley.edu/ 

What if a screensaver could be more than just a screensaver? While this may seem like an odd question to pose, a number of screensavers these days function as data analyzers for large-scale scientific endeavors. One of the best known of these screensavers is the SETI@home (Search for Extraterrestrial Intelligence) project. When users install this screensaver, their computer will assist in the process of analyzing data about radio or lights signals emanating from close to 30,000 sun like stars that might possess intelligent life. This version of the screensaver is compatible with all computers running Windows 95 or newer and Mac OS X 10.3 or newer.

Rough going at the New York Times, both for the paper and for its publisher, Arthur Sulzberger, Jr.
Ken Auletta, "THE INHERITANCE:  Can Arthur Sulzberger, Jr., save the Times—and himself?" The New Yorker, December 19, 2005 --- http://www.newyorker.com/fact/content/articles/051219fa_fact

Flashback from The Wall Street Journal on December 19, 2005

Businessmen now are wrestling with the perennial problem: Christmas gifts. "We subscribe to this foolishness only because some people who give us presents might be offended if we didn't reciprocate," gruffly comments the president of a Midwestern steel company

"Toe Meets Leatherbound:  My favorite football books," by BOOMER ESIASON, The Wall Street Journal, December 17, 2005 --- http://www.opinionjournal.com/weekend/fivebest/?id=110007693 .

1. "When Pride Still Mattered" by David Maraniss (Simon & Schuster, 1999).

2. "Inside the Helmet" by Peter King (Simon & Schuster, 1993).

3. "Remember This Titan" by Bill R. Yoast, with Steve Sullivan (Taylor, 2005).

4. "Semi-Tough" by Dan Jenkins (Atheneum, 1972).

5. "North Dallas Forty" by Peter Gent (Morrow, 1973).

The Education of a Coach
Given the endless flow of product from the sports-book industry on the order of "Heartbreak & Triumph: The Shawn Michaels Story" and "Leo Mazzone's Tales from the Braves Mound," it's hard to (1) believe that there's nearly enough demand for the supply and (2) find something that's actually worth reading. That brings us to "The Education of a Coach," David Halberstam's cooperative profile of New England Patriots maestro Bill Belichick. This is the seventh book on sports by the Pulitzer Prize winner but the first in a while with real relevance. In fact, you might want to consult this one before the Patriots start their annual run to the Super Bowl, just to better understand the best football mind of this generation . . . Readers might find themselves longing for advice on how to stay on top of Mr. Halberstam's prose. The first few chapters are dizzying in the way they jump around from present to recent past to present to distant past. And you might want to skip the acknowledgments section in the back to avoid a sentence in which Mr. Halberstam informs us that Mr. Belichick read his book about the Vietnam War, "The Best and the Brightest," because "our mutual friend Bobby Knight" recommended it to him. But if you want to learn about schooling and allegiance and leadership and, most of all, football, by all means -- slip inside this sweatshirt.
Steve Wulf, "Writer's Block," The Wall Street Journal, December 24, 2005; Page P13 --- http://online.wsj.com/article/SB113537003135130747.html?mod=todays_us_pursuits

Politicians Acting Naturally
A newly appointed New Jersey assemblywoman has been charged with trying to shoplift from a discount store. Evelyn Williams, a longtime jail guard, allegedly was caught by a security camera switching price tags from $14.99 items to a set of linens costing $59.99 and a $49.99 comforter. To add to her troubles, Williams was fired from her job this week after Essex County officials discovered she had been collecting both a paycheck and a retirement check for several months. She was ordered to repay either the salary or the pension payments.
"N.J. lawmaker charged with shoplifting," Monsters and Critics, December 24, 2005 --- http://news.monstersandcritics.com/northamerica/printer_1071230.php

Microsoft's new Office Communicator Web Access
Microsoft's new tool, called Office Communicator Web Access and introduced at this week's Interop show, is all about group facilitation. That's a large potential market for Microsoft, with its bid to become an even bigger player in the world of enterprise applications. (For more about the company's plans in this arena, check out this Q&A with the head of Microsoft's collaboration software group.) Just like there are limits to collaboration, I feel there's no such thing as totally foolproof security unless one lives in a locked vault. And even then, it can be harmful to set up an expectation of such. Along these lines, there's an interesting story about something going on in Japan, where technology often debuts long before it's available here. Some children in Yokohama City are wearing RFID chips on their clothing and parents can track the kids as they walk to school. If there's a problem, the kids can press a call button on the tag to alert parents.
Johanna Ambrosio, "Productivity And Security To The Max," InformationWeek Newsletter, December 15, 2005

Bob Jensen's threads on ubiquitous computing are at http://www.trinity.edu/rjensen/ubiquit.htm

Should CPAs be able to eliminate punitive damages with audit contract wording? 
Seeking protection from financial damages, the Big Four are now including punitive damage waivers in their audit client contracts. These waivers are drawing controversy from government regulators, investors, and clients. These contracts may require disputes to go to arbitration and waive rights to punitive damages and jury-trial rights. Bloomberg reports that the Federal Financial Institutions Examination Council is preparing to bar large banks from agreeing to these contracts as they believe these waivers may lead to less thorough audits. The Federal Financial Institutions Examination Council is made up of the Federal Reserve Board, The Federal Deposit Insurance Corporation, the National Credit Union Administration, The Office of the Comptroller of the Currency, and the Office of Thrift Supervision. The firms Deloitte & Touche LLP, PricewaterhouseCoopers LLP, and KPMG have varying liability provisions in their contracts. Arthur Bowman of the newsletter, Bowman FirstAlerts, said in Bloomberg, “Since they couldn’t win the litigation reform they wanted, they’ve been putting these in engagement letters.”
AccountingWeb, December 15, 2005 --- http://www.accountingweb.com/cgi-bin/item.cgi?id=101579
Jensen Comment:  I don't think this will go far.  Half the legislators in Washington DC and and an even larger proportion in our state legislators are lawyers.  I suspect Hell will freeze over before they give up their bread and butter revenues.

David A. Vise, author of The Google Story , is also reporting on the emergence of a group of former Google employees , who call themselves Xooglers. They give a candid look at what really goes on at corporate headquarters, also known as the Googleplex.
"Googling Google," The Washington Post, December 15, 2005 ---

I wonder why Madonna didn't think of this?
Andrew Fischer, who's already earned more than $50,000 for wearing ads on his forehead, said he's ready to wear another . . .  ---

A technology entrepreneur in northeastern Washington asked a doctor to implant an RFID chip into his hand in order to experiment with the technology. Amal Graafstra, who runs a technology company in Bellingham, WA, asked a doctor to place the chip under the skin of his left hand, and posted pictures of the procedure to the photo-sharing site, Flickr. Graafstra plans to use the chip for keyless entry to his car, home, or as a login for computer systems --- http://en.wikinews.org/wiki/Entrepreneur's_RFID_chip_implant_to_open_doors,_start_car


Forwarded by Paula

While interviewing an anonymous US Marine on his sniper skills, a Reuters News agent asked the Marine what he felt when shooting members of Al Qaeda in Afghanistan.

The Marine shrugged and replied, "Recoil."

Forwarded by Dick Haar

Good, the Bad, the Ugly

Good: Your wife is pregnant.
Bad: It's triplets.
Ugly: You had a vasectomy five years ago.

Good: Your wife's not talking to you.
Bad: She wants a divorce.
Ugly: She's a lawyer.

Good: Your son is finally maturing.
Bad: He's involved with the Woman next door.
Ugly: So are you.

Good: Your son studies a lot in his room..
Bad: You find several porn movies hidden there.
Ugly: You're in them.

Good: Your hubby and you agree, no more kids.
Bad: You can't find your birth control pills.
Ugly: Your 13 year old daughter borrowed them.

Good: Your husband understands fashion.
Bad: He's a cross-dresser.
Ugly: He looks better than you.

Good: You give the "birds and bees" talk to your daughter.
Bad: She keeps interrupting.
Ugly: With corrections.

Good: The postman's early.
Bad: He's wearing fatigues and carrying a shotgun.
Ugly: You gave him nothing for Christmas.

Good: Your son is dating someone new.
Bad: It's another man.
Ugly: He's your best friend.

Good: Your daughter got a new job.
Bad: As a hooker.
Way ugly: She makes more money than you do.

Fraud Updates --- http://www.trinity.edu/rjensen/FraudUpdates.htm
For earlier editions of New Bookmark s go to http://www.trinity.edu/rjensen/bookurl.htm 
Archives of Tidbits: Tidbits Directory --- http://www.trinity.edu/rjensen/TidbitsDirectory.htm

Click here to search Bob Jensen's web site if you have key words to enter --- Search Site.
For example if you want to know what Jensen documents have the term "Enron" enter the phrase Jensen AND Enron. Another search engine that covers Trinity and other universities is at http://www.searchedu.com/.

International Accounting News (including the U.S.)

AccountingEducation.com and Double Entries --- http://www.accountingeducation.com/
        Upcoming international accounting conferences --- http://www.accountingeducation.com/events/index.cfm
        Thousands of journal abstracts --- http://www.accountingeducation.com/journals/index.cfm
Deloitte's International Accounting News --- http://www.iasplus.com/index.htm
Association of International Accountants --- http://www.aia.org.uk/ 
WebCPA --- http://www.webcpa.com/
FASB --- http://www.fasb.org/
IASB --- http://www.fasb.org/
Others --- http://www.trinity.edu/rjensen/bookbob1.htm

Gerald Trite's great set of links --- http://iago.stfx.ca/people/gtrites/Docs/bookmark.htm 

Richard Torian's Managerial Accounting Information Center --- http://www.informationforaccountants.com/ 


Professor Robert E. Jensen (Bob) http://www.trinity.edu/rjensen
Jesse H. Jones Distinguished Professor of Business Administration
Trinity University, San Antonio, TX 78212-7200
Voice: 210-999-7347 Fax: 210-999-8134  Email:  rjensen@trinity.edu