Tidbits on February 23, 2006
Bob Jensen at Trinity University
Fraud Updates ---
For earlier editions of New Bookmarks go to
Archives of Tidbits: Tidbits Directory ---
Bob Jensen's various threads ---
(Also scroll down to the table at
Click here to search Bob Jensen's web site if you have key words to enter ---
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
Internet News (The News Show) ---
Bob Jensen's home page is
Security threats and hoaxes ---
25 Hottest Urban Legends (hoaxes) ---
Hoax Busters ---
Stay up on the latest and the
oldest hoaxes ---
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 ---
You've got to
watch this one (Click on "Watch")
World class juggling (Chris Bliss) with great
accompaniment music ---
The Whitney Museum Portal to Net Art ---
Comedian (Jerry Seinfeld)
Hora Decubitus aka E's Flat, Ah's Flat Too
The Dynamic Duo's PC Buying Guide ---
Wait for the 30 second commercial to end.
PhysOrg News Videos
» Science news videos
» Space news videos
» Science&Nature news videos
» Science&Tech news videos
» Your Health news videos
» World Headlines news videos
Free music downloads --- ---
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 ---
Photographs and Art
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 ---
Literature.org Online Literature Library ---
eText Archives ---
ArtLex Art Dictionary ---
Celt Corpus Electronic Books ---
The Wealth of Nations by Adam Smith (1776) ---
Haiku (Computer) Error Messages ---
Holocaust Timeline (denied in Iran) ---
Deadly Medicine (not a recommended site for children) ---
Holocaust Memorial Museum ---
The Beast in the Jungle, by Henry James (1843-1916) (one of my
Washington Square by Henry James
(1843 - 1916) ---
Jabberwocky by Lewis Carroll
(1832 -1898) ---
3D Murder Mystery ---
Mystery stories online ---
Love Poems of Rumi ---
Letters to a Young Poet ---
Smithsonian Magazine ---
Mankiw’s Ten Principles of Economics,
Translated by Yoram Bauman, University of Washington ---
Accountancy Magazine in the U.K. (not free) ---
Journal of Accountancy in the U.S. (free) ---
San Antonio's New and Long-Lasting Motto
The shortest distance between (any)
two points is under construction.
Does "anal (-) retentive" have a hyphen?
Editorial question on a bumper sticker
Avoid alliterations always
Editorial advice on a bumper sticker
Vote for the man who promises least; he'll be the
Bernard Baruch (1870-1965) ---
The hottest places in Hell are reserved for
those who, in times of moral crisis, preserved their neutrality.
Dante Alighieri, Devine Comedy
Some Say, Mrs. Clinton Is No Mr. Clinton
Raymond Hernandez, New York Times ---
This suspense is terrible. I hope it will last.
Oscar Wilde (1854-1900) ---
It is a miracle that curiosity survives formal
Albert Einstein (1879 -1955) ---
One consequence of traumatic violence is that it
isolates its victims. It can cut us off from other people, cutting us off
from their own emotional lives until we go numb and move through the world
as if only half alive. As a young person, I found something to set against
my growing sense of isolation and numbness: the making of poems. When I
write a poem, I process experience. I take what's inside me -- the raw,
chaotic material of feeling or memory -- and translate it into words and
then shape those words into the rhythmical language we call a poem. This
process brings me a kind of wild joy. Before I was powerless and passive in
the face of my confusion, but now I am active: the powerful shaper of my
experience. I am transforming it into a lucid meaning.
Gregory Orr (University of
Virginia Poet), "The Making of Poems," NPR, February 20, 2006 ---
I believe that the highest promise of technology
is to end war, feed the hungry and make life on earth more fulfilling. While
you're waiting for that, enjoy the second-highest promise of technology --
the ability to buy "Dogbert" merchandise while sitting on your ass.
Scott Adams (author of the great Dilbert
My business cards have said "engineer" for
several years, but that's mostly to impress women.
I discovered that putting "Accountant" on your business card is counter
Sex without love is an empty experience, but as
empty experiences go it's one of the best.
How to recall the names of your students
"What’s Your Name Again?" by Mary McKinney, Inside Higher Ed,
February 13, 2006 ---
DVD Burners That Do More
Let's face it: DVD burners are now ubiquitous, and it's
harder than ever to tell internal drives apart. But by their very nature,
external drives have always had a little more room for differentiation. And the
latest crop of external models to cross my desk is no exception. Two recent
drives from LG Electronics and Sony share the ability to capture video as well
as to burn standard data and video discs. A third drive, from Lite-On, offers
unique buttons for dubbing data to disc, rather than relying solely on burning
software to do the job as conventional models do. The idea of adding video
inputs to a burner isn't new--Hewlett-Packard, Iomega, and Sony have all
released drives that do this. The new LG and Sony models, however, show a new
attention to design and function that represents a clear evolution from those
earlier attempts. Plus, prices are now significantly lower.
Melissa J. Perenson, "Burners That Do More: These three external drives aren't
just DVD burners." PC World via The Washington Post, February 15,
Double your drive space. Delete Windows
"Ten Reasons to Buy Windows Vista," PhysOrg, February 19, 2006
Breaking Through the Glass Ceiling: Women Making Strides in Public
Women now account for 19 percent of all public
accounting firm partners, up from 12 percent a decade ago, according to a new
study by the American Institute of CPAs . . . Many CPA firms are moving beyond
the up-or-out philosophy of the past. They recognize that choosing an
alternative career path is often a solution for some individuals to help them
cope with children, aging parents or other issues. The study reported, however,
that only 38 percent of the firms surveyed offered some kind of alternative
career path that does not lead to partner, such as choosing to stay as a senior
manager or moving into an area like recruiting that is less client service
"AICPA: Women Making Strides in Public Accounting," SmartPros, February
22, 2006 ---
other findings of the study, included in the committee's report
are gravitating to smaller firms where the trend of their
advancement is more pronounced and where they represent 47
percent of the workforce compared to 40 percent at larger firms.
is a gender gap in the desire for partnership. Among senior
managers only 41 percent of women as opposed to 65 percent of
men expressed the desire to become a partner.
professionals are less likely to be aware of networking
opportunities, leadership development programs and practice
- Men in
the CPA profession are becoming as interested in, and as
affected by, work/life policies as women. This is part of a
wider, national trend that is becoming stronger.
firms that focus on the personal needs of their professional
staff are seeing productivity gains because motivated employees
reciprocate by nurturing the firm's valued client base.
Among CPAs in business and industry the two most cited reasons
for leaving public accounting were working conditions
(schedules, hours, assignments) and work/life issues.
The 80-page report is
available as a PDF document from the AICPA Web Site:
Bob Jensen's threads on accountancy careers are at
Mac Attacks: Just wishful thinking at Microsoft and Dell?
All the Mac viruses and security holes in the news are overblown. They're news
only because of their novelty, not the threat they pose.
Leander Kahney, "Mac Attack a Load of Crap," Wired News, February 22,
Brian Krebs of The Washington Post on February 22, 2006 thinks it's more
serious than that ---
Mac Attack on Web Sites:
Two busy Web sites that focus on Apple Computer Inc.'s
Mac OS X operating system went silent Friday, just days after they featured
links to information on how to hack the software and run it on non-Apple PCs.
The OSx86 Project Web site stated Apple had served it with a notice on Thursday
citing violations of the 1998 Digital Millennium Copyright Act, and the site was
reviewing all of its discussion forum postings as a result. The site has always
aimed to adhere to copyright laws and is working with Apple to ensure no
violations exist, according to a statement by the site administrator. The other
Web site, Win2OSX.net, was completely shut down. Administrators there could not
be immediately reached for comment.
"Mac Attack on Web Sites: Citing possible copyright violations, Apple has
served notice on two user web sites," MIT's Technology Review, February
21, 2006 ---
A free service lets you record a podcast by
calling a toll-free telephone number and speaking
into a voicemail-style recording tool ---
"GCast: Super-Easy Podcasting," Monkey Bites, February 21, 2006 ---
Here's a site for anyone who's considered
podcasting but balked because of technical issues or lack of hardware. It's
and it's a free service that lets you record your
podcast by calling a toll-free telephone number and speaking into a
voicemail-style recording tool. They also offer free hosting, browser-based
mixing tools, and podcast-safe music downloads. Another cool feature is
GCast's embeddable player, which is featured on their home page. The little
player, which you can drop into any page, has a short description of your
audio content as well as a play/pause button that lets people start
listening without leaving the page.
Bob Jensen's threads on podcasting and links to university lecture podcasts
How can you get a quick estimate of the value of a home in the United States?
http://www.zillow.com/ (This was forwarded by Auntie
This site does not cover some parts of the U.S. For example, it had no data for
my zip code in a remote part of New Hampshire.
Also see "What's your home worth? Get a 'Zestimate'," CNN, February 8,
MIT Economists to Unveil Index On U.S. Commercial Property
After two years of intensive number-crunching, a group
of MIT economists are expected to unveil today an index that they believe better
compares the performance of commercial real estate to other investments like
stocks and bonds. Initial results show that in 2005, total returns on U.S.
commercial real-estate holdings reached 34%, the highest in the 22 years tracked
by MIT. Price changes accounted for 29 percentage points of that return and
property income accounted for the remainder. Last year's performance was the
strongest since 1997, when average investment returns were about 23%. In
contrast, the total return in 2005 for the Standard & Poor's index of 500
publicly traded companies was 4.9%; the average total return for hedge-fund
accounts was about 7.61%, according to CSFB/Tremont's Hedge Fund Index. The
total return on the Lehman Brothers Govt/Credit Bond Index was 2.37% in 2005.
The 34% total return on commercial real estate last year was nearly as high as
the record total return of 37% achieved in 1995 by the S&P 500.
Christine Haughney, "MIT Economists to Unveil Index On U.S. Commercial
Property," The Wall Street Journal, February 22, 2006; Page B4 ---
Bob Jensen's bookmarks on economic statistics are at
Consumer World (a great resource site) ---
Consumer Review ---
FirstGov for Consumers ---
Consumer Search ---
Consumer Reports (not free) ---
Bob Jensen's threads on consumer fraud are at
Bob Jensen's shopping helpers are at
Lemon Law America (Choose Where You Live) ---
Bob Jensen's threads on consumer fraud are at
Hotel Heists: Beware of nuisance hotel fees ---
INSTEAD OF LAYING A chocolate on your pillow, many
hotels have decided to present you with a markedly more unwelcome treat: sneaky
fees that can easily increase your bill by 20% . . . Charges have become a
common way to bolster revenues while keeping advertised room rates low, says
Robert Mandelbaum, director of research for PKF Consulting, a hotel-industry
research firm. "Surcharges of one degree or another have been in the industry
awhile now," he says. "It looks better than raising the room rates." Surcharges
also tend to move in cycles, says Mandelbaum. "It's supply and demand," he
explains. "If you want a room in a market like Manhattan, with an 85% occupancy
rate, you basically have to pay whatever the hotel wants you to." In slower
markets and off-seasons, hotels are less likely to tack on fees because there's
more competition for guests.
"Hotel Heists," by Kelli B. Grant, Smart Money, February 13, 2006 ---
Bob Jensen's threads on rental car tax rip offs and other consumer frauds are
What do mittens have to do with stroke recovery?
News from WebMD ---
Headlines on February 22
Latest Headlines on February
What's poetry all about?
Ted Kooser, the nation's poet laureate, has been
traveling around the country talking to librarians, school children and other
groups about poetry. One of his stops was in Kansas City, Mo., where he led a
workshop with some of Hallmark's greeting card writers.
"Hallmark Writers Get Advice from Poet Laureate," NPR, February 22, 2006
Ted Kooser is the author of The Poetry Home Repair Manual ---
Pulitzer Prize-winning author of Delights &
"Ted Kooser could be mistaken for an average guy
except for one thing: He writes poetry. That activity sets him apart from
most of his neighbors, since they, like most Americans, have very little
time for the stuff. A resident of Nebraska and the first U.S. poet laureate
from the Great Plains, Mr. Kooser takes a broadly inclusive approach to
promoting poetry; even so, he harbors no illusions about its becoming the
national pastime anytime soon. Mr. Kooser captures this outsider-status
neatly in The Poetry Home Repair Manual, his guide to aspiring poets and
aspiring readers of verse. . . . [P]oetry is a tough sell these days. . . .
But that only makes a smart and readable poetry guide all the more welcome,
and needed."—David Yezzi, The Wall Street Journal.
"With The Poetry Home Repair Manual, he
turns to teaching us what poetry is about, Kooser-style. Much of it appeals.
His attitude that 'poetry is communication' is refreshing in an era when so
many poets seem to be babbling to themselves, giving us pages ripped out of
their narcissistic diaries. . . . As might be expected, Kooser's advice is
practical, down-home. . . . Kooser is a fine free-verser, and the biases of
his book show it."—Cynthia Haven, San Francisco Chronicle.
"When Nebraska's Ted Kooser was named poet laureate
for the Library of Congress last fall, certain quarters of the literary
establishment responded with a resounding, Huh? Poets on both coasts
scratched their heads, admitting they had never heard of Kooser. It is to be
hoped they now have. With Kooser, the middle of the country and Nebraska
have triumphed over the self-concerned coasts. Many of his poems involve
closely observed Midwestern scenes, their artistry a way of surviving and
even enjoying the world. Though Kooser eschews the egotism of many
contemporary poets, he is as distinctive a voice as any now at work, a
master of metaphor and the short poem. . . . Kooser's book is quietly witty
and iconoclastic, with valuable advice. . . . He presents a whole stance
toward writing in the context of living one's life. The Poetry Home Repair
Manual is brief, lucid, and often remarkably wise."—David Mason, The Weekly
"Comings and goings, what is there and what isn't,
and the possibilities drawn from personal exploration shape the landscapes
in Kooser's poetry. This is not an extended, complex, or experimental kind
of writing, but a poetry that rings true, allowing the human sound of being
to exist on the page. Its brevity is a launching pad for a simplicity that
contains mortal lessons whose language changes the reader. This sense of
transformation could be the theme of The Poetry Home Repair Manual. It is
not a how-to book or a grand manifesto about poetic tradition. This lively
and trim book is Kooser's gift to readers and writers of poetry. . . . The
value of this book lies in the way Kooser encourages writers to be real
about their expectations, their work, and the fact that the world is not
waiting for their poems. . . . Kooser is a poet whose triumphs and tragedies
become our own, not to shed their weight upon us but to allow us to revel in
the process by which the imagination and the mysteries of poetry make our
humanity everyone's horizon."—Bloomsbury Review.
Continued in article
What percent of the Web searches are via Google?
Answer --- About 55%, but not in Germany
"Google Grabs Half of Booming Web Search Market," by Antone Gonsalves,
InternetWeek, February 9, 2006 ---
Google removes BMW's German website from search index
Internet search giant Google said it had removed
the German website of German auto maker BMW, www.bmw.de , from its search
index after it allegedly discovered attempts to artificially boost the
popularity ranking of the site on Google's search engine.
"Google removes BMW's German website from search index," PhysOrg,
February 6, 2006 ---
Does blogging hurt my chances for advancement?
Bloggers," by Jeff Rice, Inside Higher Ed, February 20,
In several online educational
columns, various blog posts, department meetings, and
graduate education advice, we repeatedly hear the dangers of
blogging. Blogging will ruin your career! Blogging will
prevent you from getting a job! Blogging will ... fill in
the blank. In a 2005 Chronicle of Higher Education column
that received widespread attention from online readers,
blogging critic “Ivan Tribble” argued that openly sharing
one’s views or one’s life with the world can only have
detrimental consequences for aspiring educators. Tribble
wrote: “The pertinent question for bloggers is simply, Why?
What is the purpose of broadcasting one’s unfiltered
thoughts to the whole wired world? It’s not hard to imagine
legitimate, constructive applications for such a forum. But
it’s also not hard to find examples of the worst kinds of
Too many academic bloggers have
taken Tribble and similar commentaries seriously. Technorati,
the blog search engine, lists 264 weblogs linking to (and
one assumes commenting on as well) the initial Tribble
column. It’s not a trivial number considering the small
amount of academic bloggers writing and the even smaller
number of humanities-academic bloggers on the Web. The
latter was the focus of Tribble’s diatribe. Tribble’s
intense reading is not alone nor the anomaly. Most notable
among other warnings regarding blogging is Forbes magazine’s
October 2005 cover story “Attack of the Blogs.” Written by
Daniel Lyons, the essay transformed blogging into an
economic heavyweight whose influence far exceeds normal
market and political forces. Beware of the blogs, Lyons
cautioned. They will destroy your business!
More worrisome than this
trepidation over blogging (i.e. whether these warnings are
accurate or not), however, is the general seriousness that
has immediately encased a fairly novel form of writing. By
“seriousness,” I don’t mean the investments and concern we
place in our work; instead I note the over-hyped heaviness
centered on this one particular type of writing. That
heaviness can be overbearing. It turns online writing into
either an obligation or a burden; either way, writers act as
if they are trapped in this medium they have chosen to work
in. The two brief examples I just alluded to are not the
only attributes of the seriousness weblogging evokes. A
quick glance at Inside Higher Ed’s “Around the Web” section
reveals a majority of blogs linked to whose writers are
identifiable only by pseudonyms: Wanna Be Ph.D, Angry
Professor, Anonymous Professor, La Lecturess.
These “names” do not reflect the
general tendency in digital culture to adopt alter-egos (as
in hip hop culture) nor do they reflect the altering of
one’s name for easier and more likable recognition (as in
Hollywood screen names) nor the postmodern play of identity
(as in Philip Roth’s novels). Instead, these names
re-enforce the burden of seriousness which has overtaken
academic blogging. Writing a blog under a pseudonym is
usually an argument that the only safe way for an academic
to write publicly is to write anonymously. Our thoughts
about students, grades, internal policy and even our private
lives and interests can never be revealed to our colleagues
or future colleagues or we risk losing all we have worked so
hard for! As one anonymous writer states about her decision
to stop blogging: “The only reason I’m in this predicament
is because I’ve been terrified of people knowing who I am.
As much as I’ve dealt with my ‘real’ identity being revealed
to a few people, I’ve also been really afraid of the
consequences of being a ‘real’ person in the blogosphere.
And so, I thought, maybe the solution is to come out — to
just write under my “real” name, to tell people in my real
life that I blog. As I thought about it more, however, it
seemed to me that to write under that name is no solution,
ultimately, because it would limit my writing here in the
Continued in article
Bob Jensen's threads on blogging are at
Paul Pacter sent me a DVD disk that he made from his digital
photographs in Malta. It plays like a video with constantly
changing transition effects and background music. This is good
ArcSoft DVD SlideShow™ ---
Three steps is all it really takes for you to make your very own
DVD movie on your computer. Add your content, design your movie
menu, and burn your disc. It’s that simple. Plus, check out all
the extra features:
- Create photo slide shows complete
with transitions, music and text
- Choose from over 50 professional
menu background designs
- Apply any photo or graphic as a
- Import video files
Add professional "Pan & Zoom" effects to your slides
- Use MP3s as background music for
menus and slide shows
- Position menu buttons and text
anywhere on the menu
- Make DVD and VCDs for playback on
TV and computers
- Touch up, crop and text to
the photos in your slide shows
February 12, 2006 message from Paul Pacter (CN - Hong Kong)
I just mailed you, from Hong Kong
to Trinity, several of the DVDs I made with ARCSoft DVD
Slideshow software, in NTSC (USA) format. They should arrive
in a week or so. I'm quite satisfied with the DVDs that this
software produces. Very intuitive -- but I add these hints
(assuming you acquire the software):
At start, click "create DVD"
"create new slideshow". If you save and later edit, then
"edit existing slideshow."
Step 1 "add images" - point and
- a. Be sure to tick "apply pan
and zoom to all" box.
- b. Whichever photo you want to
be the "menu" item click on "check mark" on top toolbar.
Does not have to be first slide in sequence.
- c. Click on any slide to add
text. Good idea to bold, shadow the text. 18-20 point
type is fine. Put type only in centre, because depending
on pan and/or zoom some type near the edges may be lost.
- d. Can drag slides to change
- e. I'd say 150 to 200
slides max per slideshow. You can have more than one
slideshow on a DVD.
- f. One quirk of the software:
When adding images, if you put in, say, slides 1 to 10,
then add slides 11 to 20 as a batch, when adding 11-20
it will add them 20 then 11 to 19. I don't know why. You
need to drag 20 to its proper position. Also note that
it will add the slides in the place following your
cursor (which shows as a highlighted frame of a slide).
Then click "next".
For transitions, the default is
all fades. I prefer "all transitions random" (top choice
immediately above the default).
Select music. It will tell you
how long the music you chose is, and how long the
slideshow is (depends on slide duration you choose -- I
like 7 seconds). I usually click on synch music to
slideshow length if the two are close. That way, the
music fades out at last slide.
Title of slideshow you put in
top left box will become the menu title as well.
Step 2 "design"
You can put music on main menu
page here (this is in addition to the music during
If you have more than one
slideshow on a DVD each will have menu item here. You
can drag drop menu items around.
It will allow up to six
slideshows on the menu page. If you have more than six
it will automatically add an arrow to a second menu
page, and put a back arrow on the second page back to
Step 3 "produce"
On installation software should
have recognised your DVD writer. Name will show up here.
Be sure to select PAL or NTSC
(USA is NTSC).
When you click burn, it will
take 30-40 minutes to create the DVD image file and
write the DVD. It will then ask if you want to write
another. Each additional DVD you burn (without exiting)
should take 4-5 minutes or less.
Three final points:
1. On the DVD will be the
actual .jpg files of each slide, which can be copied as
2. When someone plays the DVD
and starts with the first menu item (first slideshow),
it will automatically continue to play all other
slideshows. Menu allows you to begin with a middle
slideshow if you wish.
3. ARCSoft DVD Slideshow will
create and save a slideshow file which has pointers to
the original jpg's. It does not actually re-save the
jpg's a second time on your hard disk. The downside of
this is that if, after saving a slideshow, you move the
underlying jpg files to another directory, you will lose
the slideshow. Same is true for the music files.
You can download a trial
version of the software from the ARCSoft site. If you
decide to buy and install the retail version (which is
on sale for $38), I recommend uninstalling the trial
Of course it helps to be a great photographer. Paul is a pro.
I'm as amateur as one can get, but I do have a lot of pictures.
Paul's great pictures taken in China are at
February 20, 2006 message from Paul Pacter (CN - Hong Kong)
Thanks for the nice comment on my
photos. By the way, Malta is an extraordinary little
country, with a 4,000 year history including Neolithic sites
rivalling Stonehenge, Roman statues and mosaics, Arab
(Maltese language is a kind of Arabic with English
characters), Knights (fortifications everywhere), French
(briefly), and British. The entire city of Valetta is a
UNESCO World Heritage Site. Fishing villages are centuries
old. Everyone speaks English too!
In January I taught a class of 3rd
graders about China at a Florida public elementary school
using lots of photos, mostly illustrating US-Chinese
cultural and social differences and similarities (the
Chinese McDonalds menu and food photos were a big hit, as
were street food stalls selling skewered scorpions and
squids, and squat toilets). On my
www.whencanyou.com website you
will see a link at top left called "Flat Stanley" which is
the international school geography project resulting in my
lecture in Florida. The little girl I superimposed in
several of the photos is the one who is especially
interested in China.
"Advanced Yes, Placement No," by Scott Jaschik,
Inside Higher Ed, February 20, 2006 ---
This month, College Board officials
the latest data on the Advanced Placement program,
noting record increases in the numbers
of students taking AP courses and scoring well enough on the
exams to get college credit. The AP program saves students
“time and tuition,” said Gaston Caperton, president of the
College Board. The Bush administration is climbing on the AP
bandwagon as well,
calling for more students to take
the courses in high school.
There’s just one
problem, according to research presented
Friday in St. Louis at the annual meeting of
the American Association for the Advancement
of Science: AP courses — whatever their
merits — may be poor substitutes for college
courses in the sciences.
The study looked at
18,000 students in introductory biology,
chemistry and physics courses in college.
The students were at 63 randomly selected
four-year colleges and universities and
their performance in the courses was
correlated to various factors. The
researchers found that students who had
taken AP courses — even those who had done
well on the AP exams — did only marginally
better than students who had not taken AP
courses. Other factors, such as the rigor of
mathematics taken in high school, were found
to have a strong impact on whether students
did well in college-level work in the
Continued in article
Bob Jensen's threads on higher education controversies are
Can a student change your grade file?
A University of Utah student was indicted last week on
federal charges of hacking his professor’s computer to change a grade, the
Associated Press reported
Inside Higher Ed, February 20, 2006 ---
recognize and avoid tax scams
This is a
reminder to beware of email messages informing you that you are eligible for a
I got such a
phishing message a few days ago claiming my refund would be $63.80.
If you want to
inquire about your legitimate request for a tax refund, go to
To find out
about how to recognize and avoid tax scams go to
Is it wise to advise older widows, widowers, and divorcees to live in sin?
Answer: Probably Yes!
"Senior Marriage Penalty," AccountingWeb, February 8, 2006 ---
“It’s galling that they have a marriage penalty for
seniors, when they’ve addressed it for everyone else,” Lonell Spencer, a
77-year-old retiree from Arcadia, Connecticut, told the Hartford Courant.
The penalty he’s referring to is the tax on Social Security income, which
applies to every dollar of income over $32,000 for married couples, compared
to $25,000 for a single taxpayer. Recent efforts to eliminate marriage
penalties for most married taxpayers have not significantly affected married
seniors because the taxable income threshold is only slightly higher for
couples than it is for singles. Further, the median family income for those
over 50 is $35,200, according to AARP’s annual report, The State of 50+
America, indicating that more than half the families would be subject to the
Social security income tax if one or more family members are receiving
Social Security benefits.
For nearly 50 years, Social Security benefits were
tax-free; then in 1983 the rules were changed because the Social Security
system was underfunded. Since then, while inflation adjustments have more
than doubled the standard deduction and personal exemption write-offs, the
tax on income from Social Security benefits has not been adjusted for
inflation. If it had been, the Hartford Courant reports, then the threshold
would be $50,000. Instead, the tax actually begins accelerating at $44,000
for married couples. According to The State of 50+ America,the real income
of those over 50 has not increased since 1999. In fact, real income for
2004, the last period for which The State of 50+ America collected data, is
actually lower than the real income levels of 1999.
The issue is not just about taxing Social Security
benefits. The law was intended to tax “high income” taxpayers but
increasingly affects middle-income seniors, the Fresno Bee reports. The
State of 50+ America found that more than half the income of 50.1 percent of
Americans over 62 comes from sources other than Social Security. In
addition, the financial assets of those over 65, adjusted for inflation,
increased by 94 percent between 1992 and 2004, and more Americans over 50
are employed, The State of 50+ America reports.
Unlike other “marriage penalties,” the senior
marriage penalty has not received much attention. That is likely to change
as baby boomers reach retirement age and get caught by the tax, Mark
Luscombe, principal tax analyst for CCH, a Wolters Kluwer company, told the
Fresno Bee. A search of the AARP web site however, indicates that either the
issue has not yet become a significant issue to boomers or that it has not
been incorporated into the organization’s lobbying efforts to date.
Advise married couples to stay married!
"The Marriage Effect on Wealth," AccountingWeb, February 14, 2006 ---
“If you really want to increase your wealth, get
married and stay married,” says Jay Zagorsky, a research scientist at Ohio
State University’s Center for Human Resource Research and author of a new
nationwide study on the effect of marriage and divorce on a person’s wealth.
“On the other hand, divorce can devastate your wealth.” The study, which
used data from 13 of the National Longitudinal Surveys of Youth conducted
between 1985 and 2000, found that single people experienced a slow, steady
increase of wealth. Couples who married see their wealth increase by more
than just the sum of the wealth of two single people. Conversely, couples
that divorce, see a decrease in wealth that exceeds the value of splitting
their assets in half.
According to the study, singles saw their wealth
grow from less than $2,000 at the start of the surveys to an average of
about $11,000 after 15 years.
Married couples experienced a sharp increase in
wealth just after marriage. Their wealth continues to grow to an average of
about $43,000 by their tenth anniversary. Just being married, the study
found, increases wealth about 4 percent annually, with all other factors
Wealth begins declining about four years before
divorce, with total wealth bottoming out at an average of $3,500 the year
“Many of these people may have separated before the
divorce became official, which would help explain why wealth starts falling
so early,” Zagorsky says. “Some people may also be working less and not
trying as hard to build wealth as they have marriage troubles. Divorce is
often a long and messy process, and you can see this in the four-year
decline in wealth.”
Although the study indicates that in absolute
dollars divorce is not significantly harder on women than men, it also
reveals that the effects are long lasting. Wealth does begin to rebuild
after divorce, but not by much.
“Even a decade after divorce, the median wealth
stays below $10,000,” says Zagorsky.
The data does can’t explain why marriage is so
helpful to wealth-building. Sociologists hypothesize that the fact that two
people can live more cheaply than singles and have someone to share
household responsibilities with may play a factor. Of course, people going
through a divorce have a number of expenses associated with that, which may
partially explain the drop in wealth.
“We can't tell from these data the reasons why
divorced people have so much less wealth than those who are married,”
Zagorsky states, “but the results are clear.”
Bob Jensen's tax helpers are at
The route to success in science: Make it politically incorrect
In the high-stakes world of science fairs, there is
an increasing sense among students and educators that the best route to a prize
is to delve into politically charged subjects. In Columbus, Ohio, one junior
says she can track global-warming effects with a computer model. A 17-year-old
in Portland, Ore., is facing off against the intelligent-design movement by
wrapping his RNA research around evolution. Elsewhere, students are tackling
everything from stem-cell research and avian flu to genetically modified food
Ellen Gamerman, "The Politically Incorrect Science Fair: Stem cells,
global warming, intelligent design. Looking for a leg up, kids turn to trendy
topics," The Wall Street Journal, February 18, 2006; Page P1 ---
How do I delete my deleted files on a computer so that they can't be recovered
by anyone else?
Answer from Walt Mossberg, The Wall Street Journal, February 16, 2006 ---
When a file is deleted on a computer, the actual
contents of the file aren't immediately wiped out or overwritten. They can
still be recovered by an expert, or even a mainstream user with the right
software. To completely delete a file, you need a utility that overwrites
the space on your hard disk formerly occupied by the files with multiple
layers of nonsense data.
On a Mac, this function is built as an optional
deletion method. On a Windows PC, you need to obtain an add-on program that
does this. The best one I've tried is Window Washer from Webroot, available
for $30 at webroot.com. It has multiple functions, but the one you need is
the "bleaching" function, which permanently erases files.
If your cell phone is lost how can your recover your recorded contacts and other
information without having this data also backed up on a computer?
"A Simple Way to Back Up Cellphone Contacts: Pocket-Size Device Doesn't
Need a Computer to Work; A Mix-Up With Pictures," by Walter S. Mossberg and
Katherine Boehret, The Wall Street Journal, February 15, 2006; Page D11
Cellphones keep getting sleeker and smaller, which
means they are also getting easier to lose or misplace. For instance,
Motorola's latest model, the SLVR, is so thin and light, you'd hardly notice
if it slipped out of your pocket or purse.
And, of course, losing your cellphone can be a
disaster, because it contains your address book. In fact, it often contains
the only copy of your address book. Except for a few smart phones, like the
Palm Treo, most cellphone models -- especially the small ones that are
easiest to lose -- don't synchronize with your computer to back up data.
So, how can you back up your data to protect
against losing your phone?
. . .
But this week, we took a look at a new product from
Spark Technology Corp. in San Jose, Calif., that eliminates the need for a
computer altogether: CellStik. This $40 product is a pocket-size USB thumb
drive with a cellphone adapter on one end and a USB adapter on the other. By
plugging the phone adapter into your cellphone and pressing a button on the
CellStik, you can have your contacts backed up on the device in just seconds
-- problem solved.
In our tests, we found CellStik to be a smart
solution that really works, and it's about as easy to use as possible. We
did have one problem with it, but that was relatively minor compared with
the potential loss of all your contact data when a phone goes missing.
While CellStik doesn't require a computer, it can
optionally be used with one. The USB end of each CellStik can be plugged
into a Windows PC, so you can view and edit your backed-up contacts via a
simple software program. You can then unplug the CellStik and reattach it to
your phone, uploading any changes.
In addition to backing up your phone's data,
CellStiks can be used to transfer contacts from an old phone to a new one,
but you may need to buy a separate CellStik for each phone if they differ in
manufacturer or connector type, and use a PC as an intermediate device.
Six versions of the CellStik are currently
available for about 70 different models of Motorola, LG and Samsung
cellphones, and Spark hopes to introduce CellStiks for Sanyo, Sony Ericsson
and Nokia this spring. CellStiks can be purchased online at
and Amazon or at retail stores including Fry's
Electronics and J&R Electronics.
Continued in article
"ESPN Cell Phone Has Great Sports Content But Many Trade-Offs," by
Walter S. Mossberg, The Wall Street Journal, February 16, 2006;
Page B1 ---
I've been testing the new ESPN Mobile service and
its first phone, called the Sanyo MVP. In general, I liked the elaborate
package of sports news and information that lies at the heart of the new
venture, which can only be accessed via ESPN phones and the ESPN service --
not through traditional carriers, even Sprint.
But I encountered some glitches and problems,
including missing features. And to my amazement, I discovered the phone's
Web browser goes only to sites approved by ESPN. I can't imagine anyone
other than the most hard-core sports addict going through the hassle of
switching phones and carriers to sign up with ESPN, especially since the new
company's prices seem to be on the high side.
Continued in article
"McDonald's French Fries Contain Possible Allergens Wheat, Milk,"
by David P. Hamilton, The Wall Street Journal, February 13, 2006;
Page B4 ---
Rent a Panda? No thanks!
The Chinese are making $80 million a year from
their American panda rental business. Dennis Kelly, the head of Atlanta zoo,
says that if negotiations to cut the fees fail the animals will be declared
panda non grata ---
Slice and dice your lectures for replay time
Psychology students and fans of Apple's popular
iPod can now listen and learn at the University of Nebraska-Lincoln. Calvin
Garbin is one of the first instructors at the university to harness iPod's
versatility and use it as an educational tool. "For 30 years, I've said if I
could just touch my forehead to theirs and pass on the information ..."
Garbin said. "This technology, to me, is an approximation of that." .
. . Garbin uses a wireless microphone hooked to his shirt to record the
50-minute lecture, then downloads the recording onto his computer. He cuts
the lecture into short audio chunks and puts it on his Web site for
downloading. Students confused about certain parts of the lecture can click
on a link and listen again. And podcasting makes studying for tests easier
for those students who are auditory learners, Garbin said.
"Neb. Professor Uses IPod for Lectures," Yahoo News, February 6, 2006
Bob Jensen's threads on podcasting are at
Robertson v. Princeton may be the most important case higher education
Robertson v. Princeton may be the most important
case higher education has faced over the question of honoring the wishes of
a donor. Should the Ivy League school lose, it would be an expensive blow.
Swelled over time by investment gains, the Robertson fund now totals $650
million, or 6% of Princeton's $11 billion endowment. Princeton now ranks No.
1, tied with Harvard University, as the top American university in U.S. News
& World Report's rankings. Its endowment is the highest per student of any
major university in the country. U.S. colleges are receiving more donations
than ever, about $24 billion a year. An increasing share comes from large
donors, who often attach strings to their gifts that universities may come
to regret. In 1995, Yale University returned a $20 million gift from Texas
billionaire Lee Bass after the school was criticized for not implementing a
curriculum on Western civilization that the gift specified.
John Hechinger and Daniel Golden, "Fight at Princeton Escalates Over Use Of
a Family's Gift: University Concedes Errors But Says It Upheld Intent
Of Donors to Wilson School Son: 'We Have Been Mugged'," The Wall Street
Journal, February 7, 2006; Page A1 ---
New Technology for Stopping Roadside Bombs New detection technology is
helping in Iraq
The advanced technology of the U.S. military has so far
met its match in Iraq in the form of improvised explosive devices (IEDs)
triggered by garage-door openers, cell phones, and washing-machine timers. But
this situation could be changing. New technology may make it easier to find
explosives and bomb makers long before they can trigger a deadly roadside bomb.
One device the U.S. military now uses in Iraq can detect TNT vapors through bomb
casings and even in land mines buried six inches underground. At checkpoints, it
can smell explosive residues on the skin of bomb makers -- even if they used
gloves and washed their hands several times after working with TNT. Furthermore,
a second generation of the detector, based on technology at least thirty times
more sensitive, could be available within one to two years, says Aimee Rose, a
research scientist at R&D firm Nomadics, who's working on the new device.
Kevin Bullis, "Stopping Roadside Bombs New detection technology is helping in
Iraq," MIT's Technology Review, February 10, 2006 ---
National Center for Post-Traumatic Stress Disorder ---
Narrowing the gulf between the Windows and Mac operating systems
"Travels With My Mac," by Arik Hesseldahl, Business Week, February 9,
Big Brain Thinking
Scientists are learning volumes about the brain -- how
it can make split-second decisions, how it learns from past mistakes, how it
converts pulses of light into a complex visual scene. But, for some, deciphering
the "language" of the electrical pulses that travel through our brains is only
half the story. The second part, and one that is far more philosophical and
complex, is how that brain activity translates into consciousness -- a person's
self-awareness and perception of the world around them. Bill Newsome, a
neuroscientist at Stanford University in Palo Alto, CA, has spent the last
twenty years studying how neurons encode information and how they use it to make
decisions about the world. In the 1990s, he and collaborators were able to
change the way a monkey responded to its environment by sending electric jolts
to certain parts of its brain. The findings gave neuroscientists enormous
insight into the inner workings of the brain.
Emily Singer, "Big Brain Thinking: Stanford neuroscientist Bill Newsome
wants to implant an electrode in his brain to better understand human
consciousness," MIT's Technology Review, February 13, 2006 ---
iPod Touchscreen: Not for Fat Fingers
Apple is revamping the video iPod to use a touch-sensing screen instead of the
familiar click wheel, a Mac enthusiast site says.
Antone Gonsalves, "Apple Reportedly Building Video iPod With Touch Screen,"
InternetWeek, February 10, 2006 ---
What's a Christian porn site?
Darned if I know, but this one claims to be just that at XXXchurch.com ---
(PS I found this link on a Wired News blog on February 19, 2006 ---
What's CDMA technology?
From The Washington Post on February 18, 2006
A joint venture between Nokia Corp. and Sanyo
Electronic Corp. means that they will now control about 20 percent of the
world's market for phones using CDMA technology. What is CDMA?
core digital multipe alignment
code division multiple access
control digital management access
control density media attention
Bob Jensen's technology glossary is at
Economic Statistics from the Dismal Scientist ---
Bob Jensen's threads on economic statistics are at
Another solid reason to invest in Phizer:
Retirement age 'should reach 85'
From Jim Mahar's Blog on
February 18, 2006 ---
BBC NEWS | Science/Nature | Retirement age 'should reach
Yeah I know it is a science/nature
article. But for a second think about the ramifications on
social security and pensions etc.
BBC NEWS | Science/Nature |
Retirement age 'should reach 85': "The age of retirement
should be raised to 85 by 2050 because of trends in life
expectancy, a US biologist has said.
Shripad Tuljapurkar of Stanford
University says anti-ageing advances could raise life
expectancy by a year each year over the next two decades.
That will put a strain on economies
around the world if current retirement ages are maintained,
Money drives us crazy: it's official in brain chemistry
From Jim Mahar's Blog on February 17, 2006 ---
Money drives us crazy: it's
official [February 09, 2006] ---
Gee in a week where we spoke of
behavorial finance in almost every class I taught, comes
The Australian: Money drives
us crazy: it's official [February 09, 2006]:
"The pleasure of orgasm, the high from cocaine, the rush of
buying Google at $US450 a share - the same neural network
governs all three, Knutson, 38, concluded. What's more, our
primal pleasure circuits can, and often do, override our
seat of reason, the brain's frontal cortex, the professor
says. In other words, stocks, like sex, sometimes drive us
Knutson says he knows how heretical
his findings are. Wall Street is dedicated to the principle
that when it comes to money, logic prevails,"
and then the wrap up from a Nobel
"This controversial field, called neurofinance, may
represent the next great frontier on Wall Street, says
Daniel Kahneman, who won the 2002 Nobel Prize in
economics for his pioneering work in behavioural
finance, which fuses classical economic theory and
studies of human psychology. "The brain scientists are
the wave of the future in the financial world,""
Blanchette did return to work at the college
Saint Anselm College, in New Hampshire,
has reached an agreement with a former employee who sued the
college, saying she was fired for changing genders.
Gay & Lebian Advocates and Defenders, which represented
Sarah Blanchette in the case, said that it
had brought needed attention to issues of bias against
transgendered employees. Blanchette, who was born a man, says
she was fired by the college
shortly after telling people of her plans to become a woman.
Details of the settlement were not released, but a report in
The Boston Globe said that
Blanchette did return to work at the college.
Inside Higher Ed, February 10, 2006 ---
The Everybody-Gets-A-Trophy Mentality
Another event reminded me that the higher education
version of a youth soccer league is not just at the student level. I recently
heard a few administrators discussing a grant program for faculty aimed at
improving teaching and learning. The conversation was such that I felt like I
was listening to youth soccer coaches who proudly pass out participation
trophies at the end of the season. There was less concern for identifying
faculty who had written meritorious proposals and more concern for making sure
every applicant gets a piece of the funding pie.
James Ricky Cox, "Earning Your Trophies (or Not)," by James Ricky Cox,
Inside Higher Ed, February 10, 2006 ---
What nation drinks the most bottled water per capita?
Hint: It's not the U.S.
Top bottled water consumption per person in 2004 (litres) ---
01. Italy 183.6
02. Mexico 168.5
03. UAE 163.5
04. Belgium 148
05. France 141.6
06. Spain 136.7
07. Germany 124.9
08. Lebanon 101.4
09. Switzerland 99.6
10. Cyprus 92.0
Source: Earth Policy Institute
It added that the US was the largest consumer of
bottled water, with Americans drinking 26 billion litres in 2004. Mexico came in
second at 18 billion litres followed by China and Brazil at 12 billion each . .
. "Making bottles to meet Americans' demand for bottled water requires more than
1.5 million barrels of oil annually, enough to fuel some 100,000 US cars for a
year," according to the study. "Worldwide, some 2.7 million tons of plastic are
used to bottle water each year." . . . The study, citing the Container Recycling
Institute, said that 86% of plastic water bottles in the United States end up as
rubbish and those buried can take up to 1000 years to biodegrade.
"Bottled water taxing Earth," Aljazeera, February 12, 2006 ---
I ran an earlier Tidbit about how bottled water is "inert water" lacking in the
minerals of tap water. When tap water is free of harmful pollutants, as in most
U.S. locales, it's healthier to drink than bottled water. In that case, I
recommend that you carry plastic bottles filled with your own tap water.
If you drive a car, I'll tax the street,
If you try to sit, I'll tax your seat.
If you get too cold I'll tax the heat,
If you take a walk, I'll tax your feet.
Beatles' George Harrison, 1966 Taxman ---
The University of Iowa Public Policy Center is
conducting a major federally funded study to evaluate the public response to
a mileage-based user charge (TAX-Ed).
The Wall Street Journal,
February 1, 2006
It would seem that the taxes on fuel that we now pay are mileage-based.
Maybe the University of Iowa is intending to "tax your feet" and thereafter
"your seat" and "the heat."
"Eight Tech Trends for 1006," Business Week, February 11, 2006
Skirmishes between between PC makers and
consumer-electronics outfits are already raging. Consumers will
be the ultimate winners
In a bid to challenge search giant Google, the Web's
most-used portal is betting on the wisdom of crowds
The nascent boom in next-gen wireless services promises
increased sales for mobile outfits -- and stiff competition for
a share of those revenues
The latest mobile devices aren't just conversation pieces.
Check out the high-tech multimedia and communications functions
The Internet is becoming a breeding ground for filmmakers
and TV producers in both the indie-video and mainstream worlds
These slick cyberattacks take aim at specific recipients to
get past firewalls and gather sensitive data. And they're on the
The tech job market has sprung back to life, and this year
could be the best one since 2000
The Xbox 360 has grabbed an early lead, increasing the
pressure on Redmond's rivals to roll out their own redesigns.
And what about the new Cell chip?
Microsoft's Joe Belfiore talks up the soon-to-be-released
operating system. Security and reliability, he insists, will see
It appears Vista might be released by Microsoft in December 2006
(may be the Grinch that steals Christmas)
What mum needs is a new man
Feminism changed women but it did not change enough men
- enough. And without men's transformation, it was always going to be a hard
slog for mothers to gain equality. Workplaces have progressed haltingly in the
40 years since Friedan's The Feminine Mystique became one of the most
influential books of the 20th century. But in the home, the lives of most men
and women with children have hardly shifted. And so it is disquieting, but not
unsurprising, to see the data reported by NATSEM, the economic modelling centre
at the University of Canberra, showing young mothers' withdrawal from work. In
1990, 58.7 per cent of partnered mothers aged 25 to 34 were in the workforce; by
2003, this had declined to 52.4 per cent. For partnered mothers aged 35 to 44, a
similar slide is evident - from 75.5 per cent participation to 70.6 per cent.
"What mum needs is a new man," Sydney Morning Herald, February 11, 2006
Marriage and Divorce:
Bare Knuckle Negotiation
"Book Ends: Before you leave your spouse, leaf through these volumes,"
by Raoul Felder, The Wall Street Journal, February 11, 2006 ---
"The Art of War" by Sun Tzu.
Women entering the divorce wars would do
well to worry less about Feng Shui and more about Sun Tzu. An
impressive blueprint for battlefield victory, this ancient Chinese
military treatise addresses, with marvelous succinctness, matters
like the importance of vision, discipline and planning--all of which
also happen to be central to the outcome of divorce-court warfare.
As Sun Tzu observes, much warfare is based on deception: "When about
to attack, we must seem unable." But the book's most telling message
may be that to fight and conquer is not supreme excellence. Rather,
supreme excellence lies in the capacity to "break the enemy's
resistance without fighting." An especially relevant piece of wisdom
for divorce warriors. Like all blueprints, of course, this one is
only as good as its readers' capacity to behave as directed.
2. "Anna Karenina" by Leo Tolstoy
The technical people--which is really what
divorce lawyers are--have, alas, limited insight into the motivation
that propels divorce cases. But Tolstoy, who so famously opened
"Anna Karenina" by observing that "happy families are all alike;
every unhappy family is unhappy in its own way," may be an more apt
teacher than any psychiatrist or court precedent. Anna has beauty,
social position, wealth, a husband and an adored son. Still, her
life seems empty--until, yielding to her passionate nature, she
begins an affair with a dashing officer, Vronsky. Anna asks for a
divorce, her husband refuses, then later relents, but she demurs. It
all ends tragically, of course, but this greatest of novels is an
immortal portrait of the conflicts inherent in the breakup of a
3. "Too Far to Go" by John Updike (Fawcett Crest, 1979).
In this collection about a couple
called the Maples, whose marriage is quietly disintegrating,
one story, "Separating," stands out for its grasp of the
issue that resonates in almost every divorce case. The issue
is a question, really: Why? Years after their divorce,
people often still have no answer. In this magnificent, if
emotionally crushing, tale, Joan and Richard Maple have come
to the long planned weekend when the children are to be
told. Richard spends the day before working around the
house, thinking on the unbearable. "Beyond four knifelike
walls a new life waited for him vaguely." The agonies
multiply, none worse than those that come with the
passionate, the crucial, word--"why?"--whispered in his ear
by his grown son.
4. "The Doctrine and Discipline
of Divorce" by John Milton (1643).
The author of "Paradise Lost" was
moved to write these divorce tracts after his wife, Mary,
deserted him a short eight weeks into their marriage. It
was, for his time, a radical document, particularly its
argument (to Parliament) that incompatibility should be
grounds for divorce and that both partners should have the
right of remarriage. Most interesting to the modern reader,
perhaps, is Milton's view that the chaste and modest are
more likely to find themselves "chained unnaturally
together" in unsuitable unions than those who have, in
youth, lived worldlier lives and enjoyed the kind of varied
experience that enabled them to choose partners wisely. Not
for nothing did the outraged Presbyterian Church mount a
5. "The Canterbury Tales" by
Specifically, "The Wife of Bath's
Tale," which, speaking to us from the 14th century, reveals
a truth known to every couple and divorce lawyer. It's the
story of a rapist knight who can save his life, he is told,
only if he can discover what women most desire. When an old
and ugly woman tells him the secret (women most want
sovereignty over their husbands) and then demands that the
saved rapist marry her, he accedes. Whereupon he finds the
crone transformed into a great beauty--a proof of the
timeless truth that people who marry seldom know who and
what they are getting. That's why we invented prenuptial
Mr. Felder's most recent book is
"Bare Knuckle Negotiation" (Wiley, 2004).
Trial Bar Cleanup: Would you believe that many lawyers actually commit
It's amazing what a little courage from the bench can
do to clean up the justice system. Now that word is out that most silicosis
lawsuits are shams, ever more judges are helping to expose the corruption. The
latest is Florida state Judge David Krathen, who in a recent hearing rebuked
plaintiffs lawyers for inventing silicosis suits, and declared "mind-boggling"
the effect that phony suits were having on the "economic well-being of this
country." He vowed to ride herd on the claims in his court, separating the good
cases from the fake.
"Trial Bar Cleanup," The Wall Street Journal, February 11, 2006; Page A8
Bob Jensen's fraud updates are at
"Affirmative Blackmail," by David E. Bernstein, The Wall Street Journal,
February 11, 2006; Page A9 ---
According to its mission statement, a primary goal
of the American Bar Association is to "promote respect for the law." In the
interest of mandating racial preferences in admissions, however, the ABA is
about to order law schools to do just the opposite -- in fact, to violate
the law -- and is resorting to blackmail to achieve its end.
Meeting in Chicago today, the ABA's Council of the
Section on Legal Education and Admissions to the Bar will vote on new "equal
opportunity and diversity" standards. If they are approved, any law school
that seeks to maintain or acquire ABA accreditation will be required to
engage in racial preferences in hiring and admissions, regardless of any
federal, state or local laws that prohibit of such policies. Since only
graduates of ABA-accredited schools may take the bar exam in the vast
majority of states, the association has, in effect, a legal monopoly on
The new Standard 211, styled "Equal Opportunity and
Diversity," would govern admissions and faculty hiring policies. It says
nothing about treating people from different groups equally, and lots about
"diversity" -- a code word for affirmative action preferences. "Consistent
with sound legal education policy and the Standards," part (a) says that a
law school must provide "full opportunities for the study of law and entry
into the profession by members of underrepresented groups, particularly
racial and ethnic minorities," and it must also commit "to having a student
body that is diverse with respect to gender, race and ethnicity."
Part (b) says, "Consistent with sound educational
policy and the Standards, a law school shall demonstrate by concrete action
a commitment to having a faculty and staff that are diverse with respect to
gender, race and ethnicity."
This sounds innocuous, since law schools can
reasonably differ on what constitutes "sound legal education policy." Some
might think that the educational benefits of a racially heterogeneous
student body justify significant racial preferences; others might give more
weight to data showing significant educational costs resulting from
An empirical study by Richard Sander of UCLA, for
example, confirms anecdotal evidence that student beneficiaries of such
preferences tend to struggle in law school and end up at the bottom of their
classes. Statistics published in the year 2000 also reveal that under
current affirmative action policies, 42% of all African-American
matriculants to law school either never graduate or never pass the bar
(compared with 14% of whites). Some schools might conclude dooming a huge
percentage of African-American students to failure is contrary to sound
educational policy, and limit their "diversity" efforts to recruitment and
That will not be possible, according to the
"interpretations" of Standard 211, which have "equal weight" to the rules
themselves. Interpretation 211-1 states that "the requirements of a
constitutional provision or statute that purports to prohibit consideration
of gender, race, ethnicity or national origin in admissions or employment
decisions is not a justification for a school's non-compliance with Standard
Racial preferences will thus generally be necessary
to comply with Standard 211 -- despite the fact that several states,
including California and Florida, ban race as a factor in law school
admissions or hiring or both. Equally outrageous is Interpretation 211-2,
which states that, "consistent with the Supreme Court's decision in Grutter
v. Bollinger, a law school may use race and ethnicity in its admissions
process to promote equal opportunity and diversity." This is a complete
misstatement of the law, and the attorneys who wrote this are either
incompetent or, more likely, intentionally dissembling.
First, Grutter held only that racial preferences in
higher education are legal when used to promote diversity, not when used to
promote equal opportunity. The Supreme Court has consistently disapproved of
the use of racial preferences other than for either educational diversity,
or to remedy past discrimination, and nothing in Grutter is to the contrary.
Second, Grutter did not hold that any law school
may use race in its admissions process to promote racial diversity. Rather,
the court stated that it was deferring to the Michigan Law School's
"educational judgment that such diversity is essential to its educational
mission." Other law schools may not share that educational judgment,
particularly if the only way to achieve such diversity is by admitting
underqualified minority students. Nothing in Grutter would permit such a law
school to engage in racial preferences.
Ironically, left-wing lawyers and law professors
used to scream that the Grutter litigation posed a threat to academic
freedom by trying to prohibit law schools from tailoring the racial balance
of their student bodies to enhance the students' educational experience. Now
they want to use the heavy hand of ABA accreditation to deny academic
freedom to law schools that would not choose racial preferences.
It's worth remembering that the fifth vote in
Grutter was provided by Justice Sandra Day O'Connor, who apparently thought
that her opinion would permit, but not require, law schools to use racial
preferences for diversity purposes. Now that the ABA is trying to turn "may"
into "must," one wonders whether Justice Samuel Alito will be similarly
sympathetic to the assertion that allowing racial preferences in admissions
enhances academic freedom.
An even greater irony, however, is the ABA's role
in all of this. One can be quite certain that despite the plain language of
the "interpretations" quoted above, the ABA will claim that it is not really
trying to force law school faculties and administrations to violate both the
law and their consciences in pursuit of racial "diversity." But in the past,
ABA accreditation officials have bullied law schools into precisely that
position, even in the absence of written authority backing their demands.
If passed, the new written standards will only
embolden the accreditation bureaucracy, composed mainly of far-left law
professors, to demand explicit racial preferences and implicit racial quotas
-- all in brazen defiance of the law.
Mr. Bernstein, a professor at George Mason University School of Law, is
the author of "You Can't Say That!: The Growing Threat to Civil Liberties
from Antidiscrimination Law" (Cato, 2003).
A Vermont town and ski resort would like to schuss into a more
tax friendly New Hampshire
A Vermont legislator who represents Killington has submitted a bill to set
up a commission to study giving the town to New Hampshire. The bill
submitted by Rep. Harry Chen, of Mendon, is up for review this week in a
House committee. It's not given much chance of passage. Killington officials
have been talking about leaving Vermont and joining New Hampshire because
they don't like Vermont's statewide property tax. New Hampshire already
established a commission to look at accepting Killington. It has said it is
waiting to meet with a Vermont commission, should one be created.
"Bill Would Set Up Killington Secession Commission," WMUR
(Channel 9) NH, February 3, 2006 ---
Not in Our Back Yard
Republican Sen. Mel Martinez and Democratic Sen.
Bill Nelson said their bill would stop efforts by the Bush administration
and other members of Congress to open an area near the Florida panhandle
known as Lease Sale 181, which may hold as much as 7.2 trillion cubic feet
of natural gas.
"Senators Seek to Ban Drilling Forever off Florida Coast," Planet Ark,
Februrary 3, 2006 ---
Despite Appearances, Science Doesn't Deny The Existence of God
Science has long been saddled with the canard that it arbitrarily and a
priori rules out the existence of a deity. But those who attack science as
anti-God are fighting a mirage, say both secular and religious scholars.
Sharon Begley, "Despite Appearances, Science Doesn't Deny The Existence of
God," The Wall Street Journal, January 27, 2006; Page B1 ---
But There Are Fantasies About Evolution
Intelligent Designs on Evolution ---
One of the prices of trying to be more honest with investors
New York has lost its dominance of new stock
offerings. In 2005, nine out of every 10 dollars raised by foreign companies
occurred on exchanges in London or Luxembourg. A significant reason for the
Craig Karmin and Aaron Lucchetti, "New York Loses Edge in Snagging Foreign
Listings," The Wall Street Journal, January 26, 2006; Page C1 ---
Less sunlight and higher temperatures paradox
Less sunlight reaching the Earth's surface has not
translated into cooler temperatures, according to a team of solar physicists
at New Jersey Institute of Technology. The scientists, who monitor the
Earth's reflectance by measuring what is known as the moon's earthshine,
have observed that the amount of light reflected by Earth -- its albedo --
has increased since 2000. The result has been less sunlight reaching the
"Solar physicists report paradox: Less sunlight, but temps rise," PhysOrg,
January 23, 2006 ---
Forwarded by Debbie Bowling
"Alzheimer's disease may be mostly genetic Largest study of twins
confirms higher risk of inheriting the disease," MSNBC News, February
6, 2006 ---
Measuring Linguistic Diversity on the Internet ---
(Includes a chapter on "Examining Linguistic Bias")
From the University of Virginia
Institute for Advanced Technology in the Humanities ---
IATH is a research unit of the University of
Virginia. Our goal is to explore and develop information technology as a
tool for scholarly humanities research. To that end, we provide our
Fellows with consulting, technical support, applications development,
and networked publishing facilities. We also cultivate partnerships and
participate in humanities computing initiatives with libraries,
publishers, information technology companies, scholarly organizations,
and other groups residing at the intersection of computers and cultural
The research projects, essays, and
documentation presented here are the products of a unique collaboration
between humanities and computer science research faculty, computer
professionals, student assistants and project managers, and library
faculty and staff. In many cases, this work is supported by private or
federal funding agencies. In all cases, it is supported by the Fellows’
home departments; the College or School to which those departments
belong; the University of Virginia Library; the Vice President for
Research and Public Service; the Vice President and Chief Information
Officer; the Provost; and the President of the University of Virginia.
The following link about textbook usage was forwarded by Amy Dunbar
Despite the significant emphasis that most
instructors place on textbooks in introductory accounting courses, little
research exists to describe how students use and interact with their textbooks.
Using learning journals, 172 undergraduate students provided detailed, real-time
accounts of their experiences with 13 chapters of an introductory financial
accounting textbook. This paper reports the results of qualitative and
quantitative analyses that begin to characterize textbook use from a student
perspective. These results provide guidance for instructors wanting to
understand student reading behaviors such as reading strategies, timing
strategies, and differences between strong and weak students. In addition, in
each of these areas, we identify important and interesting questions to direct
"Sink or Skim: Students' Textbook Use in Introductory Accounting," by Barbara J.
Phillips and Fred Phillips, SSRN, January 29, 2006 ---
How to download an entire Website so you don't have to surf it every time
HTTrack is a free (GPL, libre/free software)
and easy-to-use offline browser utility. It allows you to download a World
Wide Web site from the Internet to a local directory, building recursively
all directories, getting HTML, images, and other files from the server to
your computer. HTTrack arranges the original site's relative link-structure.
Simply open a page of the "mirrored" website in your browser, and you can
browse the site from link to link, as if you were viewing it online. HTTrack
can also update an existing mirrored site, and resume interrupted downloads.
HTTrack is fully configurable, and has an integrated help system.
HTTrack Website Copier ---
Business schools are increasingly offering specialized MBAs to
sports-management hopefuls a chance of making the team.
"A Hot Ticket for Sports-Biz Rookies ," by Jeffrey Gangemi, Business
Week, February 3, 2006 ---
From Walt Mossberg's Mailbox, The Wall Street Journal, February 9,
We have two Windows PCs on a wireless network controlled by a
Netgear router. We are thinking of buying an Apple Mac laptop.
Can the Mac connect to this wireless PC network?
Yes, you can easily mix Macs and Windows computers on the same
wireless network, even if the router isn't made by Apple, and
even if the router maker says it doesn't "support" Macs -- which
merely means the maker won't help you connect them. Apple uses
the same Wi-Fi wireless standard the Windows guys do, so it can
recognize and connect to any standard wireless router, right
alongside your Windows machines. In fact, connections are
generally easier to establish on the Mac, which had Wi-Fi before
Windows computers did.
also do this in reverse. You can add a Windows PC to a mostly
Mac wireless network being run off an Apple router. I have done
it both ways. In my home, I have a mixture of Windows and Mac
computers running on a Belkin wireless router. In my office, I
have an Apple router that is mainly used with Windows machines
that visitors bring in. No special knowledge, special equipment,
or special software is required for such mixed networks.
want to be able to see and hear my grandchildren on my computer.
What equipment do I need to accomplish this?
Assuming both you and your grandchildren have Windows computers,
you would need to buy and install Web cameras on each. I
recommend Logitech cameras, which are decent and inexpensive.
Then, you would have to join an instant-messaging service that
has video, like AOL, Yahoo or MSN. Then, you just initiate a
video session with the grandchildren, and you're in business.
(If you have trouble doing any of this, the grandchildren can
probably set it up for you on their next visit.)
Another interesting video-conferencing
service for Windows users is Paltalk, at
also now has a video-conferencing service, for Windows users. If
you and your grandchildren have the latest Macintosh desktop
computers, both the cameras and the video service are built in,
and the video experience is vastly better than with AOL or Yahoo
want to quit AOL, where I've been for years, but I need an easy
way to move over my address book, forward my email for awhile,
and notify everyone of my new address. Does such a thing exist?
A: Yes. To notify everyone of your
new address, move over your address book, and generally to help
with the switch, try a service called TrueSwitch, at
It costs $20, unless you're switching to MSN, AT&T or SBC/Yahoo,
in which case it is free. TrueSwitch will even copy your saved
emails, Web bookmarks and calendar entries. I have tested it,
and it works, though only with Windows computers.
President Bush's 2007 budget boosts the physical sciences, but cuts
money for cancer research and other biomedical programs.
"The Budget's Mixed News," by Kate Greene, MIT's Technology Review,
February 8, 2006 ---
You've all heard of Bill Gates, Steve Jobs, and Warren Buffet.
multibillionaire that you've never heard of?
Hint: He wants to become dominant in steel making in Europe.
"Heavy Mittal," by Scott Kaminski, The Wall Street Journal,
February 4, 2006 ---
PARIS--Lakshmi Mittal built up the world's
biggest steel company--and the third-largest personal fortune of any
man--by acquiring mills in the dodgiest of places. He honed his
deal-making skills on the frontiers of capitalism: in Indonesia,
Kazakhstan, Algeria, the Balkans, often in countries one might need to
look up in the very latest atlas. In the past week, however, the
55-year-old Indian mogul has found himself in arguably the most
difficult business environment of all--Western Europe.
In terms of political resonance as much as
sheer size, Mittal Steel's hostile $24 billion bid for the world's
second-largest steelmaker, Luxembourg-based Arcelor, is without
precedent in Europe. The prime ministers of France and Luxembourg,
jointly and repeatedly--along with politicians across the
board--condemned the Indian's gumption and vowed to stop him. Worse were
the threats from the unions and Arcelor's chief executive, Frenchman Guy
A takeover of Arcelor would take Mr. Mittal a
long way toward realizing his vision of a dominant global steelmaker in
an industry for decades characterized, and brought low, by
fragmentation. To pull it off, Mr. Mittal needs to break an Old World
taboo against takeovers, hostile or otherwise, involving a company dear
to Continental protectionists' heart. That this task falls to a man born
in Rajasthan, and raised in Calcutta, is one of the more delicious gifts
Continued in article
Are exotic credit derivatives achieving much more than pushing the envelope
to its limits?
In JARHEAD, Sam Mendes’s recent film about
the 1991 Gulf war, some bored American marines arrange a fight between two
scorpions. The money wagered and the attendant pandemonium, indexed to the
fortunes of one protagonist or the other, are hugely disproportionate to the
contest. Something similar happened when Delphi, a supplier of car parts,
went bankrupt in October
"The Buttonwood column: credit derivatives," The Economist, January
31, 2006 ---
Bob Jensen's threads on credit derivatives can be found by scrolling
What's changing the gender of male fish?
Answer: Maybe its you!
And just maybe the female fish you're eating is getting even with you.
Suntan oil, which can change the sex of fish, is
present in our food and drinking water. The Independent website has reported
that experts have discovered male hornyhead turbot and English sole feeding
next to sewage on the Californian coast. Both species are undergoing gender
transformation into females and a chemical identified in sunscreens is being
"Study finds suntan oil is present on our tables," PhysOrg, January 26, 2006
"Why Toyota Won (over GM and Ford)," by James P. Womack, The Wall
Street Journal, February 13, 2006; Page A16 ---
The latest bad news is now
in from GM and Ford: 60,000 U.S. and Canadian jobs will go in the next few
years, 24 giant factories will close, and North American losses in the
billions will continue. Clearly MoTown needs a new approach and it's natural
in the car industry to think that the secret must be a killer model -- a
Toyota Prius hybrid or some other concept to replace the big pickups and
SUVs that floated the American firms for 15 years.
Actually, it's not a new car
model that's needed. It's a new business model. Toyota is leading the charge
against Detroit -- largely from inside the U.S. -- with a fundamentally
different approach to business that my MIT research team in the 1990s
labeled "lean" enterprise. Compared with these Toyota practices, GM and
Ford's approach has five fatal weaknesses:
• GM and Ford
can't design vehicles that Americans want to pay "Toyota money"
And this is not a matter of bad bets on product concepts or dumb
engineers. It's a matter of Toyota's better engineering system,
using simple concepts like chief engineers with real
responsibility for products, concurrent and simultaneous
engineering practices, and sophisticated knowledge capture
methods. The Prius is not the result of a hunch or luck but
rather the likely result of a development system that tries out
many approaches to every problem, then gets the winning concept
to the customer very quickly with low engineering cost, low
manufacturing cost, and near perfect quality. (That's not to say
that Toyota can't produce a dud -- the first-generation Previa
minivan and Tundra pickup stand out -- but the likelihood of
producing winners is higher than with traditional development
and Ford are clueless as to how to work with their suppliers.
Sometimes they try to crush their bones -- which only works when
the suppliers have any profits to squeeze, and few currently do.
Then they embrace contentless cooperation that makes everyone
feel better briefly but fails to produce lower costs, higher
quality, or new and better technology. Toyota, by contrast, is
getting brilliant results and lower prices from American
suppliers like Delphi while also giving suppliers adequate
profit margins. How? By relentlessly analyzing every step in
their shared design and production process to take out the waste
and put in the quality.
and Ford have miasmic management cultures.
These turn competent people into Dilberts. By contrast, Toyota
does a brilliant job of making one person responsible for every
key business process, like the chief engineer overseeing each
new model. And it teaches managers how to ask the right
questions (rather than give the usual big-boss answers) in order
to engage everyone involved in every process to go faster and do
a better job with fewer resources. A Dilbert-free environment
naturally emerges, but not because everyone has received
cultural training to spur teamwork. Rather, if ordinary people
-- Dilberts even -- are put in a great business process they
become great team players.
and Ford cling to their wide range of brands:
Chevy, Pontiac, Buick, Cadillac, Saab, GMC, and Hummer at GM;
Ford, Mercury, Lincoln, Mazda, Jaguar, Volvo, Aston Martin, and
Range Rover at Ford. And they still talk about brand
revitalization as the way ahead. Yet the most successful car
companies in the world -- Toyota and BMW -- have only two or
three brands. And this is not an accident. Indeed, it's hard to
see how any modern-day car maker can support more than three
truly distinctive brands -- a buzzy, "what's new" brand (Scion,
Mini); a value-for-money, hassle-free-transportation brand
(Toyota); and a distinctive "aspirational" brand for folks who
just need something better than the other fellow's (Lexus, BMW).
A plethora of brands that can't pull their weight drains
management energy and company coffers.
and Ford still treat customers as strangers engaged in one-time
Toyota's Lexus, by contrast, has created a new and better
customer experience. Customers cheerfully pay more for the car
and the service and then come back for more cars because they
love the treatment. As Toyota applies its fabled process
management to retailing to take out costs, which it is now
starting to do at Lexus, customer touch becomes the final weapon
in the Toyota arsenal.
But note: I
haven't mentioned the creaky factories, vast pension obligations,
and cranky unions that commentators on the current situation seem
obsessed with. In fact, Ford and GM's factories are now good enough
to compete in terms of labor productivity and quality. They just
can't support employees with no work in "job banks" and
unsustainable pension and healthcare benefits for retirees as the
companies continue to shrink. Union and management both know this,
yet no accommodation has been reached on these issues because their
conversation has broken down. With zero confidence that management
knows what it is doing, a union will try to get what it can now
rather than look at the long term. In consequence, unless GM and
Ford soon present a plausible path to a brighter future -- combining
a better business model with significant short-term pain during the
transition -- there may be no long term.
Stem cell switch imperils re-election
Defection from the anti-cloning ranks by Sen. Jim
Talent, until now a rising star in the conservative movement, reflects deep
divisions in the Republican Party created by the stem cell research issue. When
Talent went on the Senate floor Friday to take his name off a bill to ban human
cloning, he showed how those divisions imperil his re-election to a second term
in Missouri this year. Talent had been a longtime co-sponsor of Sen. Sam
Brownback's anti-cloning bill. But Missouri business interests who finance the
Republican Party are backing a state constitutional amendment that explicitly
allows human cloning to...
Robert Novak, "Stem cell switch imperils re-election," Chicago Sun-Times,
February 13, 2006 ---
The Migration Policy Institute ---
The Migration Policy Institute (MPI) is an
independent, non-partisan, non-profit think-tank in Washington, D.C.
dedicated to the study of the movement of people worldwide. MPI provides
analysis, development, and evaluation of migration and refugee policies at
the local, national, and international levels. It aims to meet the rising
demand for pragmatic and thoughtful responses to the challenges and
opportunities that large-scale migration, whether voluntary or forced,
presents to communities and institutions in an increasingly integrated
world. MPI's work is organized around four research pillars:
Migration Management Refugee Protection and
International Humanitarian Response North American Borders and Migration
Agenda Immigrant Settlement and Integration Founded in 2001 by Kathleen
Newland and Demetrios G. Papademetriou, MPI grew out of the International
Migration Policy Program at the Carnegie Endowment for International Peace.
In Spring 2002, MPI launched the Migration Information Source (www.migrationinformation.org),
a web site that offers current and authoritative data on international
migration, as well as analysis from migration experts, and dispatches from
foreign correspondents around the world.
"Submission is all in your dhimmitude," by Diana West, Jewish World Review,
February 13, 2006 ---
I've written about dhimmitude periodically, lo,
these many years since Sept. 11, but it takes time to sink in. Dhimmitude is
the coinage of a brilliant historian, Bat Ye'or, whose pioneering studies of
the dhimmi, populations of Jews and Christians vanquished by Islamic jihad,
have led her to conclude that a common culture has existed through the
centuries among the varied dhimmi populations. From Egypt and Palestine to
Iraq and Syria, from Morocco and Algeria to Spain, Sicily and Greece, from
Armenia and the Balkans to the Caucasus: Wherever Islam conquered,
surrendering dhimmi, known to Muslims as "people of the book (the Bible),"
were tolerated, allowed to practice their religion, but at a dehumanizing
There were literal taxes (jizya) to be paid; these
bought the dhimmi the right to remain non-Muslim, the price not of religious
freedom, but of religious identity. Freedom was lost, sorely circumscribed
by a body of Islamic law (sharia) designed to subjugate, denigrate and
humiliate the dhimmi. The resulting culture of self-abnegation,
self-censorship and fear shared by far-flung dhimmi is the basis of
dhimmitude. The extremely distressing, but highly significant fact is,
dhimmitude doesn't only exist in lands where Islamic law rules.
This is the lesson of Cartoon Rage 2006, a cultural
nuke set off by an Islamic chain reaction to those 12 cartoons of Mohammed
appearing in a Danish newspaper. We have watched the Muslim meltdown with
shocked attention, but there is little recognition that its poisonous
fallout is fear. Fear in the State Department, which, like Islam, called the
cartoons unacceptable. Fear in Whitehall (where British government offices
reside), which did the same. Fear in the Vatican, which did the same. And
fear in the media, which have failed, with few, few exceptions, to reprint
or show the images. With only a small roll of brave journals, mainly in
Europe, to salute, we have seen the proud Western tradition of a free press
bow its head and submit to an Islamic law against depictions of Mohammed.
Not that we admit it: We dress up our capitulation
in fancy talk of "tolerance," "responsibility" and "sensitivity." We even
congratulate ourselves for having the "editorial judgment" to make
"pluralism" possible. "Readers were well-served ... without publishing the
cartoons," said a Wall Street Journal spokesman. "CNN has chosen to not show
the cartoons in respect for Islam," reported the cable network. On behalf of
the BBC, which did show some of the cartoons on the air, a news editor
subsequently apologized, adding: "We've taken a decision not to go further
... in order not to gratuitously offend the significant number" of Muslim
viewers worldwide. Left unmentioned is the understanding (editorial
judgment?) that "gratuitous offense" leads to gratuitous violence. Hence,
fear — not the inspiration of tolerance but of capitulation — and a
condition of dhimmitude.
Continued in article
World War II Military Situation Maps (War, History) ---
The World War II Military Situation Maps contains
maps showing troop positions beginning on June 6, 1944 to July 26, 1945.
Starting with the D-Day Invasion, the maps give daily details on the
military campaigns in Western Europe, showing the progress of the Allied
Forces as they push towards Germany. Some of the sheets are accompanied by a
declassified "G-3 Report" giving detailed information on troop positions for
the period 3 Mar. 1945-26 July 1945. These maps and reports were used by the
commanders of the United States forces in their evaluation of the campaigns
and for planning future strategies.
The collection consists of 416 printed maps and 115
reports, the originals of which reside in the Library of Congress' Geography
and Map Division.
Enron Top Executives Modified Enron Data, Jury Is Told
Ms. Rieker, testifying in the fourth week of the trial
in Federal District Court here, said that another former chief executive,
Jeffrey K. Skilling, ordered last-minute changes to at least two quarterly
earnings reports so that Enron could meet or beat analysts' expectations. She
also said that Mr. Skilling directed her to misrepresent in a news release the
source of most of the revenue at the struggling broadband unit. Mr. Lay, 63, and
Mr. Skilling, 52, are accused of conspiring to defraud Enron, the former
energy-trading giant that filed for bankruptcy in December 2001. Mr. Skilling,
who abruptly quit the company in August 2001, is charged with conspiracy, fraud
and insider trading. Mr. Lay is accused of fraud and conspiracy.
Alexei Barrionuevo, "Executives Modified Enron Data, Jury Is Told," The Wall
Street Journal, February 22, 2006 ---
Bob Jensen's Enron Quiz is at
M.A.S.H. History Sites from the Scout Report on February 17, 2006
U.S. Army Says Goodbye to MASH
U.S. Army Gives Away Last MASH
Last U.S. MASH Unit Handed Over to Pakistan
Mission to quake-ravaged Kashmir is farewell for MASH
Korean War 50th Anniversary
Korean War Casualty Lists
M*A*S*H Television Show Guide
Bob Jensen's threads on history are at
Tale of Torture and Murder Horrifies the Whole of France
The brutal abduction and murder in Paris of a young
Jewish man by a gang of African immigrants called the Barbarians has shocked the
whole of France, which once again has been obliged to face its anti-Semitic
past. The murder of a 23-year-old cell-phone salesman, Ilan Halimi, took place
over three weeks, during which he was tortured while his captors tried to
extract a ransom from his family.
Michael Gurfinkiel, "Tale of Torture and Murder Horrifies the Whole of France,"
New York Sun, February 22, 2006 ---
"A good chunk" of U.S. manufacturing is thriving after making changes to
reduce costs associated with pensions and health care and by increasing
productivity to reduce per unit costs (despite high U.S. wages) particularly
through automated manufacturing processing.
From The Wall Street Journal Accounting Weekly Review on February 16,
TITLE: Parts of U.S. Manufacturing Industry Are Thriving
REPORTER: Kris Maher
DATE: Feb 09, 2006
TOPICS: Accounting, Cost Accounting, Cost Management, Health Care, Managerial
Accounting, Post Retirement Benefits
SUMMARY: "A good chunk" of U.S. manufacturing is thriving after making
changes to reduce costs associated with pensions and health care and by
increasing productivity to reduce per unit costs (despite high U.S. wages)
particularly through automated manufacturing processing.
1.) Which industries are described in the article as "thriving"?
2.) How does the author define the notion of a thriving industry sector for
purposes of this article--by profitability, or something else?
3.) What are some of the reasons those industries are thriving? In your
answer, address the point of "customers' desire for quick deliveries," as well
as others related to location of manufacturing here in the U.S.
4.) How do the factors identified in question 3 bear on the cost of
delivering a product to a customer? In your answer, define the terms
inventoriable cost and period cost.
5.) What other "process improvements" besides automation allow companies to
become more efficient--that is, produce more while using fewer workers?
6.) How have both automation and other process improvements allowed companies
to reduce per unit costs despite higher wages in the U.S. relative to other
countries? In your answer, define the terms unit cost, fixed cost, and variable
cost. Also, note how fixed and variable costs are being incurred in different
proportions than they were in the past, according to the description in the
7.) Define the terms direct labor and indirect labor. Explain how the article
describes the trade-off between these types of labor in the effort to reduce per
unit cost of production.
Reviewed By: Judy Beckman, University of Rhode Island
So Long Footnoted Liabilities
Pensions and other retiree benefits are graduating to the balance sheet; how far
should a company go to protect its compensation information?; choosing your
auditor wisely may help protect your stock price; and more.
"So Long Footnoted Liabilities," by Rob Garver, CFO Magazine, February
2006, pp. 16-17 ---
Verizon, Ford, and ExxonMobil, pay attention. It
looks as though pensions and other retiree benefits are about to graduate
from the footnotes to the balance sheet. And companies that have previously
been able to hide underfunded retirement programs may have to count them as
liabilities — often multi-billion-dollar liabilities.
In November, the Financial Accounting Standards
Board voted to move toward a proposal that would require companies to report
the difference between the net present value of their pension- and other
retirement-benefit obligations and the amount the company has set aside to
meet those obligations. And although a final decision is a year or more
away, the numbers won't be pretty. (See "Will Washington Really Act?")
Standard & Poor's, in fact, estimates a
retirement-obligations shortfall of some $442 billion in the S&P 500 alone.
Indeed, it is difficult to understate the potential impact of the FASB plan,
which is expected to be only the first phase in a larger effort to overhaul
the accounting treatment of pensions and benefits. "We believe this FASB
project will have a significant impact on stock evaluations, income
statements, and balance sheets, and will become the major issue in financial
accounting over the next five years," S&P wrote in its December report.
The news was welcome to many in the accounting
business who have been concerned that current rules allow companies to hide
retiree obligations in the footnotes. John Hepp, a senior manager with Grant
Thornton LLP, praised the board's decision to move toward a "simplified
approach. We think this will be a big step forward."
But it won't be without pain for many companies
faced with adding a large negative number to their balance sheets, such as
telecom giant Verizon Communications Inc. Standard & Poor's reported in
December that Verizon has underfunded the nonpension portion of its
postretirement benefits by an estimated $22.5 billion. The company is
clearly trying to get a handle on retirement benefits and health-care costs,
announcing that same month that it will freeze the pension benefits of all
managers who currently receive them.
While the company refused to comment, Verizon is
far from alone. Ford and General Motors have underfunded their retirement
obligations by $44.7 billion and $69.0 billion, respectively, and other big
names facing a shortfall include ExxonMobil ($16.4 billion) and AT&T ($14.8
If any of these companies think the markets will
treat these obligations as a one-time problem, they had better think again,
says S&P equity market analyst Howard Silverblatt. "Moving this onto the
balance sheet is going to wake people up," he says. "The bottom line is that
shareholder equity [in the S&P 500] is going to be decreased by about 9
percent." And as companies begin to explore their legal options for limiting
the financial damage — including paring back benefits even further —
Silverblatt predicts that the issue will become more politicized and remain
in the public eye for years to come.
Bob Jensen's threads on pension and post-retirement liability accounting
How can changing of terms in bond contracts act as a poison pill?
From Jim Mahar's Blog on February 10, 2006 ---
breakingviews | Sample Story ---
For those of you that have never had a corporate
class from me, you don't know how often we discuss the Nexius of contracts.
Well here is a great example!
" BAA is caught between a rock and a hard
place. Its bondholders are demanding better terms - a so called
change-of-control clause - on bonds that have yet to settle. Bond investors
fear Spain's Ferrovial's highly leveraged approach will cause their
investment-grade debt to be downgraded....
But BAA's first responsibility is to its
shareholders. It shouldn't change the terms of the bonds because that could
act as a poison pill - a deterrent to a takeover bid. And it is up to BAA's
shareholders and not its management to decide if an offer - that is, if one
is tabled - is attractive.
Besides, a deal is a deal. Bond investors have
committed. Unfortunately, they did not negotiate hard enough for a
change-of-control clause ahead of time and they may regret it now, but
that's their responsibility. "
Study: More Pushing Outsourcing Than Saving Costs
Contrary to popular belief, it's intellectual
capital and university collaboration, not just lower costs, driving
companies to locate R&D activities outside their home country, according to
a study sponsored by the Ewing Marion Kauffman Foundation.
By Spencer Chin, InformationWeek, February 16, 2006 ---
There are some points to take into consideration about
"free textbooks" such as the ones that I list at
1. Many of these "free" books are books that have
been dropped by publishing firms or were never accepted by publishing firms
in the first place. If they were dropped, they have met a rigorous reviewing
process and may have made money for the authors. In fact they might have
been dropped simply due to the all-to-frequent process of publishing company
mergers that left publisher oligopolists with too many textbooks on a given
2. Whereas the end consumer makes many choices about
whether to use a product with advertising (e.g., magazine subscriptions,
newspaper purchases, Google searches, etc.), the choice of a textbook is
usually in the hands of instructors rather than end user students. In
general, students are ceteris paribus grateful for free textbooks even if
they must endure a certain amount of advertising. It's the "ceteris paribus"
part that's a problem. Those new textbooks costing students $90 or more
(without advertising) provide incentives for authors to make careful revised
editions. Also publishing firms have the revenues to provide improved
supplements (most of which really need improving in the accounting textbook
market sector). As of yet free textbooks, with or without advertising,
provide little monetary incentive to authors or free-book publishing firms
to constantly improve the product.
3. Free textbooks are not available in hard copy.
Some electronic publishers offer hard copy versions, usually at prices
cheaper than photocopying entire books would cost. Many of us, and I mean me
especially, prefer a hard copy version to read and an electronic version to
search. Good electronic versions also provide convenient hypertext links and
possibly even some multimedia. Although Cybertext does not offer free
textbooks, I like the Cybertext option to also buy a hardcopy version. And I
like the hot links in the electronic versions and the option to take quizzes
online with results being graded and sent to instructors ---
Publishers of free textbooks are never likely to offer such services unless
advertising revenues become very successful. I don't think any of them are
at that point yet.
4. We should all be grateful that free textbooks
exist even if we do not ourselves adopt them for our courses. In this age of
price gouging by publisher oligopolies, the free textbook alternatives may
be about the only serious competition that publishers face, especially when,
not if, textbook publishers finally invent a way to eliminate the used
textbook market in their own books.
February 14, 2006 message from a distributor of free
textbooks (that do have advertising)
To date our free textbooks have been made possible
by a combination of angel investor money and by the principals in the
company, who have invested both their time and money. We have some
advertisers (download a book and you'll see) and seek more. We are actively
pursuing sponsorships. More investment has been promised. Authors receive a
percentage of our revenues -- "net receipts"-- per book. They sign on
because of their confidence in our business model and in us.
We sell the paperback copies pretty much at cost.
Regardless, those monies are very limited, inasmuch as only about 5 percent
of students, thus far, end up buying the print book.
What propels our business is the widespread
perception that text prices are unreasonable. We are addressing this
situation in an innovative way. Moreover, we do not skimp on instructor
support; all our titles come with ancillaries available to adopters.
In this case, "free" really does mean free. This is
not the proper forum, but I can provide testimonials and contact information
for many people who already have benefited from this service.
Best wishes to all concerned!
3316 Tally Ho Lane
Madison, WI 53705 608.233-1112
For examples of free textbooks see
ECONOMIC MYTH #1 - TRAFFIC JAMS ARE
CAUSED BY OUR EXPLODING POPULATION
ECONOMIC MYTH #2 - THE COST OF LIVING HAS RISEN STEADILY DURING THE 20TH
CENTURY AND HAS GOTTEN EVEN WORSE IN THE PAST FEW DECADES
February 12, 2006 message from Mike Gasior
ECONOMIC MYTH #1 -
TRAFFIC JAMS ARE CAUSED BY OUR EXPLODING POPULATION
Fact: The traffic jams
where many of us find ourselves stuck everyday are due to the cost
of driving being far too cheap. If you want to decrease traffic we
have to start making driving more expensive, especially at peak
As much as common sense
would dictate that the current traffic situation could be explained
by population growth, and thus more cars on the road, the truth is
that this is a very straightforward economic situation. One of the
most basic tenets of economics is that if you underprice something
relative to its true cost, people will use too much of it.
Some of you might
remember that a few years ago Red Lobster ran a special where for
$20 you could eat as much crab as you could eat, or until they
closed the restaurant. It was named the "endless crab promotion".
Well Red Lobster lost
buckets of money and their president got fired. During a conference
call with Wall Street analysts, the chairman and new president
actually engaged the analysts in a cerebral conversation about
whether it was the third or fourth helping of crab that busted
them. No kidding.
Basically our whole
transportation system is set up almost exactly like the Red Lobster
promotion and it is failing pretty badly too.
The best analogy I ever
heard to compare this to is if we were to operate our public golf
courses just like we operate our public roads. First we would
charge all taxpayers to help build and operate the golf courses,
regardless of whether or not or how often they played golf. Then,
we charge very little, or better still nothing at all, to play and
anyone can tee off any time they showed up at the course. I would
surmise to predict (although I don't know if Ken would agree with
me) that you'd likely have hundreds of people on the first tee on
Sunday mornings at 8:00 a.m. ready to fire away. Without doubt the
media would soon be reporting the latest violence to erupt in our
ever-deteriorating society, "golf rage".
Luckily, golf courses
have a decent grasp on economics and charge the highest prices at
the most desirable times, and offer discounted fees during the "off
Many of you already
know I'm against most taxes or government fees of any type, but
there is currently no reason for me to not drive my Hummer 65 miles
each way between work and my 6,000 square foot McMansion out in the
boonies. Luckily all the other people who don't drive as much as me
are helping to subsidize my lifestyle. (Please understand that
while I do live in the boonies, I don't drive a Hummer or
technically have a job. I was just painting a picture in your head
of someone you likely know.) There are certainly plenty of toll
roads throughout the U.S., but modern technology can revolutionize
the collection of tolls as well as alter the pricing at different
times of the day. Economists and traffic engineers refer to this as
"congestion pricing". In most locations there is some version of "EZ
Pass" or "Speed Pass" where you buzz through the booth at moderate
speed and the toll is simply deducted electronically from your
One other idea is what
is already happening in San Diego on the I-15 FastTrak. This
freeway does have actual free lanes, but also "HOT" lanes (High
Occupancy/Toll) lanes that run parallel to the free ones.
Carpoolers are welcome to use the HOT or free lanes at anytime, and
people willing to pay the toll can use them also. The toll varies
from $.50 to $4.00 depending upon TRAFFIC CONDITIONS. Pretty cool,
huh? There are digital signs along the road that flash the current
toll at any moment and the cost will vary as the HOT lane gets more
The downside (and some
of you were already thinking of this) is that people will think this
is some swipe at poorer citizens, or an attempt to give rich people
their own lane on the freeway. The HOT lanes are referred to as the
"Lexus lanes" out there already.
But consider the
painter making $14 an hour who is looking like they may be 30
minutes late for work. Well they're going to get docked $7 if they
don't spring for the four bucks. You can do the arithmetic.
Besides, lower level workers get fired or fined if they show up late
for work or to pick up the kids from daycare. CEO's don't.
Yet another upside of
making peak driving more expensive is that employers and employees
may work to implement a more diverse and flexible work schedule,
which could benefit many workers. Plus, anything that reduces our
appetite for an increasingly expensive commodity like oil can't hurt
The Federal gas tax is
not indexed to inflation and has been dropping in inflation adjusted
terms for over a decade now. If politicians could be trusted at all
(they can't be) they could start by increasing the Federal gas tax
of 18.4 cents to discourage something like driving too much, and use
that revenue to reduce taxes on something we'd like to encourage
like working or saving. Needless to say, that won’t ever happen.
I know this whole
conversation has probably gone over like a ton of bricks with few
people liking the idea at all. But it would work.
ECONOMIC MYTH #2 - THE
COST OF LIVING HAS RISEN STEADILY DURING THE 20TH CENTURY AND HAS
GOTTEN EVEN WORSE IN THE PAST FEW DECADES
This one people tend to
bite into hook, line and sinker, but it's almost completely untrue.
On the surface it certainly appears that the price of almost
everything you look at is more expensive then you remember, so it
follows that the cost of living must be higher then it has ever
But a much more
practical and applicable way to measure the true cost of anything is
to consider how long an average worker has to work to pay for a
variety of life's expenses. Too often people focus strictly on the
expense side of their life's balance sheet without considering the
earnings side. Let me do it for you right here.
These are the amounts
of time an average worker has to labor to afford the following
Half Gallon of Milk
1920 - 37 minutes
1950 - 16 minutes
1980 - 12 minutes
2006 - 6.5 minutes
One Pound Loaf of Bread
1920 - 13 minutes
1950 - 7 minutes
1980 - 5 minutes
2006 - 4 minutes
One Gallon of Gasoline
1920 - 32 minutes
1950 - 11 minutes
1980 - 10 minutes
2006 - 7 minutes
100 Mile of Air Travel
1920 - 12 hours and 46
minutes (This is actually 1930. Public air travel not available in
1950 - 4 hours and 7
1980 - 1 hour and 27
2006 - 57 minutes
Three Minutes of
Coast-to-Coast Long Distance Phone Call
1920 - 30 hours and 3
1950 - 1 hour and 44
1980 - 11 minutes
2006 - 7 seconds
Pair of Levis
1920 - 10 hours and 36
1950 - 4 hours
1980 - 2 hours and 48
2006 - 1 hour and 55
Three Pounds of Chicken
1920 - 2 hours and 27
1950 - 1 hour and 11
1980 - 18 minutes
2006 - 13 minutes
100 Kilowatts of
1920 - 13 hours and 36
1950 - 2 hours
1980 - 45 minutes
2006 - 37 minutes
Computing Power of 1
1920 - n/a
1950 - 515,000
1980 - 41 weeks 16
hours and 9 minutes
2006 - 7 minutes
cheapening is thanks to years and years of research and development
as well as constant increases in efficiency and productivity. Never
mind the fact that the universe of products and services available
to enjoy with your money has grown enormously during the previous 90
years too. This could be something that contributes to the feeling
by many people that life is much more expensive today then ever
before. But keep in mind that even your parents probably didn't
worry about the cable TV, cell phone, Internet access, daycare and
Starbucks bills as part of their "cost of living" like you might.
Quadrupling the World GDP by 20
This is the second in a series of articles by
financial futurists Karun Philip [KP] and Richard S. Kirby [RK]. Together in
a series of books, essays and stories they are laying the foundations for a
rapid redefinition of financial civilization. Their purpose is the end of
poverty -- their method is making a New World of money. Their professional
intention is creating Financial Futures as a systematic field of financial
culture, financial civilization as a vector and meme of world wealth and
global goodness, with its own values of innovation and wealth creation. Also
see their previous article, Birthing a New Financial Civilization. The two
authors write both as ‘we’ and ‘I.’ Where one author is speaking, he
"Quadrupling the World GDP by 2010 by Dr. Richard S. Kirby and Dr. Karun
Philip, Apr 16, 2002 ---
The Motley Fool (A Serious Guide to Personal Finance) ---
Includes archived video.
A Phone that Just Lacks Popcorn
Samsung's multimedia A920 is cinema, jukebox, newsroom, and camera all in
one. Plus, it's easy enough for a grownup to use.
by Steve Rosenbush, Business Week, February 15, 2006 ---
From Deloitte: Annual Financial Reporting Document Review ---
From AccountingEducation.com on February 2, 2006 ---
The proliferation of new accounting standards
and regulatory requirements continued throughout 2005. New accounting
rules, enhanced CEO/CFO certification requirements, augmented continuous
disclosure standards, corporate governance practices and disclosures,
and civil liability for secondary market disclosures are just a sample
of the standards which became effective during the year. With the myriad
of new requirements, it may be difficult for management and Directors to
analyze all of the standards and guidance issued and to develop an
action plan to ensure that they fulfill all of their existing and
To this end, Deloitte has prepared a
comprehensive assessment package to help management and Directors
determine whether or not their organizations’ financial statements and
other financial filings meet all of the continuous disclosure
obligations. Correspondingly, using these tools to analyze their
financial filings may assist users in performing their due diligence
To access the checklist, go to:
How well is your Website performing in terms of the numbers and types
Web Performance Analyzer Free Edition ---
Bob Jensen's technology bookmarks are at
I thank Rachel McCarthy in the U.K. for pointing this link out to me.
"Government U-turn on Corporate Reporting Rules is a Farce say Ernst &
Young Commentators," International Accountant, February 3, 2006
Gerald Russell, Senior Partner at Ernst & Young
and Head of the Audit Quality Forum, says, "This has all the elements of
a Brian Rix farce - now you see it, now you don’t. There was extensive
consultation before the OFR was adopted - what on earth is the point of
going through it all again? It would be much better to admit the error
and reinstate the original position.
"It is in the interests of good reporting that
companies cover what was in the original OFR, and many companies have
already gone down the fuller disclosure route. The main problem is that
there were no ‘safe harbour’ provisions and, naturally, directors are
likely to be circumspect about what they might include in an OFR - but
this is no reason for having abolished it."
Will Rainey, Head of the Financial Reporting
Advisory at Ernst & Young, adds, "We had a law [OFR] and on the 12 of
January it was repealed. Now we are in a consultation. What we really
want is a proper process and some consistency – this has turned into a
Bob Jensen's fraud updates are at
ACCOUNTING STANDARDS: SEC CHAIRMAN COX AND EU COMMISSIONER MCCREEVY AFFIRM
COMMITMENT TO ELIMINATION OF THE NEED FOR RECONCILIATION REQUIREMENTS
Chairman Cox believes the use of IFRS has the
potential to produce significant benefits for US investors through enhanced
comparability of financial information about investment choices around the
world. He congratulates Commissioner McCreevy on the strides made by the
European Union toward implementing IFRS, and further notes the work accomplished
by the International Accounting Standards Board (IASB), the independent body
charged with establishing high-quality-global accounting standards. Chairman Cox
reaffirms his commitment to the “roadmap” to eliminate, by 2009 at the latest,
the SEC requirement for foreign private issuers to reconcile IFRS-based
financial statements to US GAAP.
Accounting Education News, February 2, 2006 ---
The following is from Paul Pacter's IAS Plus on February 10, 2006 ---
European Union Internal Markets
Commissioner Charlie McCreevy and US Securities and Exchange
Commission Chairman Christopher Cox met in Washington on 8
February 2006. They discussed, among other things, progress
toward eliminating the need for reconciliation between
International Financial Reporting Standards and US Generally
Accepted Accounting Principles (GAAP) in SEC filings by
non-US IFRS issuers. Both the EC and the SEC agreed that,
for the reconciliation to be eliminated, regulatory
procedures need to be in place in a non-US SEC registrant's
home country to ensure that
IFRSs are applied and interpreted faithfully and
consistently. Work on those procedures in the EU is
underway. Click for:
10 February 2006: Interview
on a range
Summary of relatively current differences between IFRS and U.S. GAAP ---
This in turn links you to
I think this was one of my grandkids that Paula stumbled upon in the mall.
A small boy was lost at a large shopping mall. He approached Paula and said,
"I've lost my grandpa!"
Paula asked, "What's he like?"
The little boy hesitated for a moment and then replied, "Cubalibras with
white rum and women with big boobs."
Forwarded by Maria
HEALTH QUESTION & ANSWER SESSION
Q: I've heard that cardiovascular exercise can prolong life; is this true?
A: Your heart is only good for so many beats, and that's it... don't waste them
on exercise. Everything wears out eventually. Speeding up your heart will not
make you live longer; that's like saying you can extend the life of your car by
driving it faster. Want to live longer? Take a nap.
Q: Should I cut down on meat and eat more fruits and vegetables?
A: You must grasp logistical efficiencies. What does a cow eat? Hay and corn.
And what are these? Vegetables. So a steak is nothing more than an efficient
mechanism of delivering vegetables to your system. Need grain? Eat chicken. Beef
is also a good source of field grass (green leafy vegetable). And a pork chop
can give you 100% of your recommended daily allowance of vegetable products.
Q: Should I reduce my alcohol intake?
A: No, not at all. Wine is made from fruit. Brandy is distilled wine, that means
they take the water out of the fruity bit so you get even more of the goodness
that way. Beer is also made out of grain. Bottoms up!
Q: How can I calculate my body/fat ratio?
A: Well, if you have a body and you have fat, your ratio is one to one. If you
have two bodies, your ratio is two to one, etc.
Q: What are some of the advantages of participating in a regular exercise
A: Can't think of a single one, sorry. My philosophy is: No Pain...Good!
Q: Aren't fried foods bad for you?
A: YOU'RE NOT LISTENING!!!... Foods are fried these days in vegetable oil. In
fact, they're permeated in it. How could getting more vegetables be bad for you?
Q: Will sit-ups help prevent me from getting a little soft around the middle?
A: Definitely not! When you exercise a muscle, it gets bigger. You should only
be doing sit-ups if you want a bigger stomach.
Q: Is chocolate bad for me?
A: Are you crazy? HELLO . Cocoa beans! Another vegetable!!! It's the best
feel-good food around!
Q: Is swimming good for your figure?
A: If swimming is good for your figure, explain whales to me.
Q: Is getting in-shape important for my lifestyle?
A: Hey! 'Round' is a shape!
I hope this has cleared up any misconceptions you may have had about food and
Play the Maze ---
Paula says she could not reach Level 4.
DO YOU HAVE THE HANDS OF A BRAIN SURGEON OR DO YOU
WRITE WITH CRAYONS ? I TRIED THIS 5 TIMES AND COULDN'T GET PAST LEVEL 3. I
CHEATED AND USED BOTH HANDS ON LEVEL 3. I JUST COULD NOT MAKE IT TO LEVEL 4.
I DON'T THINK IT'S POSSIBLE! TRY IT . IF ANYBODY MAKES IT TO 4 LET ME KNOW.
I WANT YOU TO DO MY NEXT OPERATION IF I NEED ONE! SOUND HELPS.
Fraud Updates ---
For earlier editions of New Bookmark
s go to http://www.trinity.edu/rjensen/bookurl.htm
Archives of Tidbits: Tidbits Directory ---
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
International Accounting News
(including the U.S.)
AccountingEducation.com and Double Entries ---
Upcoming international accounting
Thousands of journal abstracts ---
Deloitte's International Accounting News ---
Association of International Accountants ---
Trite's great set of links --- http://iago.stfx.ca/people/gtrites/Docs/bookmark.htm
Torian's Managerial Accounting Information Center --- http://www.informationforaccountants.com/
Professor Robert E. Jensen (Bob)
Jesse H. Jones Distinguished Professor of Business Administration
University, San Antonio, TX 78212-7200
Voice: 210-999-7347 Fax:
210-999-8134 Email: firstname.lastname@example.org