
It's
blue bonnet season
in Texas. My secretary Debbie Bowling back at Trinity University and her husband
Sam took this picture in the Hill Country. Meanwhile up here in the White
Mountains of New Hampshire we're having another
Nor-easter
that's expected to drop over a foot of new snow in high winds today. I sent an
email message to Al Gore requesting that he come up this way and find the switch
that turns off the Winter of 2007. Otherwise there may be no Spring of 2007 up
here.
Below is . . . well I think you get the
picture of our cottage in Springtime 2007!

Today's howling blizzard winds are shaking the
walls of our cottage above pictured just before this storm. The tips of our
fence posts were visible before this new blizzard (mixed with rain). The winds
are even worse on the
summit of Mount Washington (which I cannot see today through the snow):
| Temp |
Wind |
Gust |
W. Chill |
|
26.3°F |
135° (SE), 107.6 mph |
131.2 mph |
0.3°F |
Update at 5:00 a.m. on April 18
This edition of Tidbits was supposed to be released at 6:00 a.m. on April
16, but, before I could send the file to my Web server, 80+ mph winds toppled tens of
thousands of trees in the White Mountains and knocked out our power and Internet
connections for nearly two days. Winds on
Mount Washington rose to over 150 mph. These
roaring winds also took off half of the
shingles on the northeast side of our relatively new roof. The falling snow at
5:00 a.m. on April 16 changed to horizontal rain that, among other things,
ruined our dining room ceiling (again). Sigh!
But all-in-all we're lucky. It would've been far worse without
heat had the temperatures been below zero. There was never any threat of pipes
freezing up. Erika and I stayed relatively cozy with the four iron propane
stoves in our fireplaces. We have some trees down in our woods and the dining
room ceiling "wall paper" and underlying plaster needs replacing. Our roofing
company made temporary repairs to our roof. Others nearby were not so lucky.
There will be much damage with flooding down in the lowlands.
Next week, after the horse is out of the barn, we're setting the
wheels in motion to install a propane electricity generator that will kick in
whenever the power goes out. Outages occur altogether too often up in these
mountains, but usually (not like April 16-17) power is restored in less than six
hours. If any of you are interested in a generator, the cost we discovered
is about $10,000 for what we want. There are, of course, both cheaper and more
expensive alternatives.
We're used to howling winds. but for much of April 16 there was a
roaring freight train of wind and rain. The rain quickly melted much of the
snow, but where snow drifts were over four feet deep there are still gushy snow
banks. I had to shovel yesterday to get into my barn.
What was really eerie was to look out into the pitch black and
not see a single light anywhere. Clouds blocked our view of the night sky.
Normally we can look down in any direction at the night's lights of several
villages There was not one visible light while our power grid was shut
down. It was shut down so that chain saw crews could cut trees leaning on power
lines.
And then the first thing we learned when our power was restored
was about the senseless tragedy at Virginia Tech, a campus where I've been
invited to speak several times over my career. This morning I learned that the daughter of a Virginia Tech
accounting professor, Bryan Cloyd, was killed. She was a first-year student in a
French class when she was shot.
This makes our storm ordeal seem entirely trivial.
Bob Jensen
Tidbits on April 16, 2007
Bob Jensen
For earlier editions of Tidbits go to
http://www.trinity.edu/rjensen/TidbitsDirectory.htm
For earlier editions of New Bookmarks go to
http://www.trinity.edu/rjensen/bookurl.htm
Click here to search Bob Jensen's web site if you have key words to enter ---
Search Site.
For example if you want to know what Jensen documents have the term "Enron"
enter the phrase Jensen AND Enron. Another search engine that covers Trinity and
other universities is at
http://www.searchedu.com/.
Bob Jensen's past presentations and lectures
---
http://www.trinity.edu/rjensen/resume.htm#Presentations
Bob Jensen's Threads ---
http://www.trinity.edu/rjensen/threads.htm
For an elaboration on the reasons you should join a ListServ (usually for
free) go to
http://www.trinity.edu/rjensen/ListServRoles.htm
Bob Jensen's Home Page is at
http://www.trinity.edu/rjensen/
Bob Jensen's blogs and various threads on many topics ---
http://www.trinity.edu/rjensen/threads.htm
(Also scroll down to the table at
http://www.trinity.edu/rjensen/ )
Set up free conference calls at
http://www.freeconference.com/
Online Video, Slide Shows, and Audio
In the past I've provided links to various types of music and video available
free on the Web.
I created a page that summarizes those various links ---
http://www.trinity.edu/rjensen/music.htm
Vonnegut Videos ---
http://www.npr.org/templates/story/story.php?storyId=9554280
What I Like About Texas
(where I lived for 24 years) ---
http://www.youtube.com/watch?v=PGukLuXzH1E
How to Tell When the Relationship is Over ---
http://www.depict.org/content/films/2003/relationship_over_320.html
Video from J.H. Cohn in April 2007 --- FASB's
Fair Value 'Option' ---
http://accounting.smartpros.com/standard/smartsurvey/jhcohn.asp
For Bob Jensen's threads on Fair Value Accounting are at
http://www.trinity.edu/rjensen//theory/00overview/theory01.htm#FairValue
Free music downloads ---
http://www.trinity.edu/rjensen/music.htm
Pianist Brings Power to Liszt Concerto ---
http://www.npr.org/templates/story/story.php?storyId=9451775
Gaetano Donizetti's 'Anna
Bolena' (opera) ---
http://www.npr.org/templates/story/story.php?storyId=9485401
What I Like About Texas
(where I lived for 24 years) ---
http://www.youtube.com/watch?v=PGukLuXzH1E
Rickie Lee Jones' Divine Departure ---
http://www.npr.org/templates/story/story.php?storyId=9435180
A Song of Faith, Devotion and Lung Power ---
http://www.npr.org/templates/story/story.php?storyId=9431443
Delayed but Not Denied, a
Lost Soul Classic ---
http://www.npr.org/templates/story/story.php?storyId=9556942
Lily Allen in Concert with The Bird and The Bee
---
http://www.npr.org/templates/story/story.php?storyId=9348709
A Rock Sleeper Makes Guitars the Star ---
http://www.npr.org/templates/story/story.php?storyId=9527798
Google not only lets you
search for movie information, it also is a great search engine for music. Google
knows the names of tens of thousands of popular performers; all you have to do
is enter the performer’s name in the search box, and Google returns specific
information about that performer.
Informit.com ---
http://www.informit.com/articles/article.asp?p=675528&seqNum=14&rl=1
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 ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm
National Poetry Month 2007 (poems
chosen by the Academy of American Poets) ---
http://www.npr.org/templates/story/story.php?storyId=9043294&ps=h1
Poetry Online (read and/or listen to
the poems) ---
http://www.wiredforbooks.org/poetry/
Authorama.com, featuring completely
free books from a variety of different authors, collected here for you to read
online or offline ---
http://www.authorama.com/
Latest
(out of many available):
Books from
Google Books
Monkey Games
Someone Comes to Town, Someone Leaves Town
Humorous Masterpieces from American Literature
Essays by Alice Meynell
Le portrait de monsieur W.H.
Red
Money
History of Holland
More Jataka Tales
The Light in the Clearing
Lewis
Rand
The
Wheel of Life
ShortStories ---
http://www.eastoftheweb.com/short-stories/indexframe.html
Classics at the Online Literature
Library ---
http://www.literature.org/authors/
Can Such Things Be? by Ambrose
Bierce ---
Click Here
The Poison Belt by Arthur Conan
Doyle ---
Click Here
The Raven by Edgar Allan Poe ---
Click Here
A Vindication Of The Rights Of Woman
by Mary Shelley ---
Click Here
Martha Stewart's advice on how to entertain ---
Click Here
What you think is the summit is only a step up.
Lucius Annaeus Seneca (the
son) ---
Click Here
The problem with former
presidents is that knowing them keeps you from being awed by the presidency.
When you haven't met them, you have a more austere and august sense of who they
are, and what a president is. Candidates on the trail today would be better off
keeping as their template for the office Washington, Jefferson and Lincoln --
the unattainable greats. It's no good to just be thinking, At least I'm better
than Clinton, at least I'm better than Bush. Something to reach for even if you
know it will exceed your grasp. But it's good to be reaching upward, not
stooping. Peggy Noonan,
"The Incredible Shrinking Candidates," The Wall Street Journal, April 14,
2007; Page P14 ---
http://online.wsj.com/article/SB117649375146969423.html?mod=opinion&ojcontent=otep
Perhaps I'm old and tired, but I always think that the chances of finding
out what really is going on are so absurdly remote that the only thing to do
is to say hang the sense of it and just keep yourself occupied.
Douglas Adams ---
http://en.wikipedia.org/wiki/Douglas_Adams
We believe only in what we see, so since the advent
of television we believe in everything.
Dieter Hildebrandt --- Click
Here
There are two explanations one can give for this
state of affairs here. The first is due to the great English economist Maurice
Dobb according to whom the theory of value was replaced in the United States by
theory of price. May be, the consequence for us today is that we know the price
of everything but perhaps the value of nothing. Economics divorced from politics
and philosophy is vacuous. In accounting, we have inherited the vacuousness by
ignoring those two enduring areas of inquiry.
Professor Jagdish Gangolly, SUNY
Albany
The second is the comment that Joan Robinson made
about American Keynsians: that their theories were so flimsy that they had to
put math into them. In accounting academia, the shortest path to respectability
seems to be to use math (and statistics), whether meaningful or not.
Professor Jagdish Gangolly, SUNY
Albany
Bob Jensen's threads on the sad state of academic accounting research ---
Click Here
I hope the news is
taping this, 'cause I'm gonna turn pigs (police)
into bacon bits.
Rodney Jean Jaques going by the name "Cal
Akbar." illustrating typical lyrics that is typical of the lyrics deemed
acceptable by MTV and radio stations.
"Anti-'pig' lyrics burn firefighter ," by David Gambacorta and Christine
Olley, Philadelphia Inquirer, April 14, 2007
In what segment of
American culture would one be most likely to encounter such stereotypes? We'd
venture to say the answer is rap music, also known as hip hop. There's one rap
band that actually calls itself
Nappy Roots.
And of course references to women as "hos" are
commonplace in rap lyrics, such as this one by Christopher Bridges, who uses the
stage name "Ludacris":
James Taranto, "Imus and Obama's Daughters," The Wall Street Journal,
April 14, 2007 ---
Click Here
Miracle Gro Plant Food
is Full of piss and vinegar (just kidding — there's no vinegar).
Wired Magazine, March 2007
---
http://www.wired.com/wired/archive/15.04/start.html?pg=5
Question
What makes some people who had no interest in schooling whatsoever desperate
to earn a liberal arts college degree? This was one of the most
tear-rendering and enlightening modules I ever watched on television.
Answer
Long-term incarceration! Long-term prisoners have the luxury of free time to
study and boredoms that make in-depth learning, without distractions, a
better choice in life. Professors from Bard College discovered that the
courses they normally teach on campus had to be made more difficult for
maximum-security prisoners behind prison walls, because these convicted
murderers and rapists study longer hours and want to learn more desperately
than on-campus students. One prisoner who was transferred from a hard-time
maximum security prison to a low-security prison requests being sent back to
the hard-time place so he can continue to take his Bard College courses.
On April 15, 2007 this was one of the best
CBS 60 Minutes modules ever. For a short time you can watch the
video online (Click the "Watch Now" Tab at
http://www.cbsnews.com/sections/60minutes/main3415.shtml )
Over the long haul you can purchase this video from CBS.
MAXIMUM SECURITY
EDUCATION – Bob Simon visits a prison where inmates serving long
sentences have found a way to free their minds through college education
provided by elite Bard College. Catherine Olian is the producer.
I'm reminded of a mathematician, Egon Balas,
at Carnegie-Mellon University who spent 10 years in solitary confinement as
a political prisoner in Hungary. He was a PhD Economist before being
incarcerated. With nothing whatsoever to read and no contact with the
outside world, he stared at the walls and taught himself advanced
mathematics. Among other things, after he was released and came to the U.S.,
he extended the
Branch and Bound Algorithm for integer programming. Without
incarceration he most likely would never have become a noted mathematician.
Shaking Up
the Telephone Companies
Google's Free (from a telephone) Telephone Number Directory
(not yet
available in April 2007 but coming soon)
"911 for 411: Google's
new free directory assistance is sure to be popular with consumers,
but it means trouble on the line for the big phone
companies," by Olga Kharif , Business Week, April 11, 2007 ---
Click Here
The days of paying north of a buck
for directory assistance over the phone may be coming to
an end—at least if Google and a gaggle of startups have
anything to say about it. One little-known company has
already grabbed 5% of the business by offering free
service. Now, the Web search leader is going public with
its own version that lets callers search for business
listings from a land-line or mobile phone. Google (GOOG)
will even connect the call and text the number to the
user's cell phone—all for no charge.
That's likely to be music to
the ears of the millions of 411 users who, according to
consultancy the Pierz Group, pay an average of $1.28 a
pop for assistance over a regular phone and a whopping
$1.57 for each such call via a cell phone.
Market Share
Google's service,
still in testing mode,
will probably cause static for the big phone companies
that now dominate the $8 billion U.S. directory
assistance industry, and add to the disruption it's
already causing, along with Yahoo! (YHOO) and Microsoft
(MSFT), elsewhere in the directory assistance business.
Just last month, Microsoft
acquired Tellme, which provides automated directory
assistance services to telcos such as Cingular/AT&T (T)
(see BusinessWeek.com, 3/15/07,
"Microsoft's Expansive Plans for Tellme").
Tellme is testing a free 411
service of its own.
In just a year and a half,
Jingle Networks has used its free service to nab 5% of
the directory assistance market. The company says it has
forwarded more than 200 million calls, resulting in $400
million in savings for customers. Free 411 services from
the likes of Google and other new entrants such as cable
companies could garner 15% of the market in four to five
years, says Daniel Phibbs, an analyst at the Pierz
Group.
Easy Add-ons
Here's how free 411 works: By
and large, the services are paid for by advertisers that
insert a short marketing message at some stage of the
call. "The advertiser community has really embraced this
channel, because they reach consumers at the point of
purchase," says Lyn Chitow Oaks, senior vice-president
of marketing at Jingle. The company's advertisers
include McDonald's (MCD), 1-800-FLOWERS (FLWS),
and CBS (CBS).
The company has yet to turn
profitable—it expects to reach breakeven in 12 to 18
months—but Jingle has had no apparent trouble raising
funds from investors like Goldman Sachs (GS)
and Comcast Interactive Capital, an investing arm of
Comcast (CMCSA), the largest U.S. cable provider.
Directory assistance is just
one of many ways search engines like Google can bring
the Web to mobile phones. Once they've served up a
number, why not also shoot over directions to the
business? Tellme provides stock quotes and weather
updates. Google and Microsoft could find any number of
ways to generate ad revenue by reaching more of the
roughly 235 million Americans with cell phones.
Don't think Big Telecom hasn't
noticed. In December, AT&T began testing free 411
calling in three markets: Bakersfield, Calif.; Oklahoma
City; and Columbus, Ohio. "411 isn't going away, but big
companies are certainly taking a very long look at this
free business model," says Phibbs of the Pierz Group.
Callers get their listings for free in exchange for
listening to two 15-second ads, one at the beginning and
one toward the end of each call. In the next several
months, the company plans to expand the trial to other
metropolitan areas, says AT&T spokesman Fletcher Cook.
"There's been high interest in the markets we've trialed
it in," he says.
Free Jolt
As disruptive as free 411 may
be, its success isn't assured. First there's the matter
of making money from it. "For the economics of free
directory assistance to work, you have to control costs
very well," says Laura Marino, director of product
management at Tellme.
Free directory assistance also
can be glitchy. Most free 411 services, such as
Google's, rely on voice-recognition software and don't
use live operators; as a result, they fail to complete
many calls, says Phibbs. Google's service hung up on a
reporter requesting a number for a coffee shop in
Portland.
Ultimately, free 411 may expand
the market. Today, fewer than 10% of Americans actually
know how much they pay for 411 calls, according to the
Pierz Group. Many free callers may have never even used
directory assistance before, Phibbs adds. Free 411 could
reenergize an industry where sales growth has been
stunted by increased reliance on Internet-based
directories. For consumers fed up with high phone bills,
that's one very good call.
Jensen Comment
Google is not the first to offer free telephone (free phone number)
directory service via a telephone.
For example try the following that appeared in my October 21, 2005 edition
of Tidbits ---
http://www.trinity.edu/%7Erjensen/tidbits/2005/tidbits051021.htm
1-800-Free411 (1-800-373-3411) Telephone Directory Assistance ---
http://www.free411.com/learnmore.html
This is a free phone directory (if you're on a telephone), but I
only recently got it to work.. Last weekend it just would not work for
me. But by the middle of the day on October 17, a recorded female voice
asked me to speak the city and state. Then a live voice came on
(faintly) and asked for the name of the party I wanted to phone. The
service found the correct number and dialed it automatically for me. I
didn't get any advertising this first time I tried it, but I suspect
there is some sort of advertising since the site above solicits
advertisers.
Of course if you're on the Web, a better alternative is to probably
use one of the many free phone number search services such as
Switchboard ---
http://www.switchboard.com/
There are also various yellow page search services such as those listed
at http://www.yahoo.com/
But I don't know of any other "Ernestines" out there who will give
you free phone numbers over the telephone other than
1-800-Free411 (if you catch it when it is working).
Google's Directory Services ---
http://www.informit.com/articles/article.asp?p=675528&seqNum=11&rl=1
- Contents Google Is a Calculator
- Google Knows Mathematical Constants
- Google Converts Units of Measure Google Is a Dictionary
- Google Is a Glossary Google Lists All the Facts
- Google Displays Weather Reports
- Google Knows Current Airport Conditions
- Google Tracks Flight Status Google Tracks Packages
- Google Is a Giant Phone Directory
- Google Knows Area Codes
- Google Has Movie Information
- Google Loves Music
- Google Knows the Answer to the Ultimate Question
Other related links:
Set up free conference calls at
http://www.freeconference.com
Bob Jensen's search helpers are at
http://www.trinity.edu/rjensen/searchh.htm
Google Links
Summary ---
http://www.trinity.edu/rjensen/searchh.htm#Google
Google (Web Images, Video, News, Maps Desktop, and More) ---
http://www.google.com/
Google Advanced ---
http://www.google.com/advanced_search?hl=en
Google Advanced Scholar Search ---
http://scholar.google.com/advanced_scholar_search?hl=en&lr=
Google Maps ---
http://maps.google.com/
Google Finance ---
http://finance.google.com/finance
Did you ever
scroll down Google's Advanced Search Site?
Go to
http://www.google.com/advanced_search?hl=en
Question:
What new search databases are available from Google?
Did you ever
notice the links below?
http://www.google.com/help/features.html#wp
| Google Web Search
Features
In
addition to providing easy access to billions of web pages,
Google has many special features to help you to find exactly
what you're looking for. Click the title of a specific feature
to learn more about it.
| |
•
Book Search |
Use Google to search the full text of books. |
| |
•
Cached Links |
View a snapshot of each page as it looked when we
indexed it. |
| |
•
Calculator |
Use Google to evaluate mathematical expressions. |
| |
•
Currency Conversion |
Easily perform any currency conversion. |
| |
•
Definitions |
Use Google to get glossary definitions gathered from
various online sources. |
| |
•
File Types |
Search for non-HTML file formats including PDF documents
and others. |
| |
•
Froogle
|
To
find a product for sale online, use Froogle - Google's
product search service. |
| |
•
Groups |
See relevant postings from Google Groups in your regular
web search results. |
| |
•
I'm Feeling Lucky |
Bypass our results and go to the first web page returned
for your query. |
| |
•
Images |
See relevant images in your regular web search results.
|
| |
•
Local Search |
Search for local businesses and services in the U.S.,
the U.K., and Canada. |
| |
•
Movies |
Use Google to find reviews and showtimes for movies
playing near you. |
| |
•
Music Search |
Use Google to get quick access to a wide range of music
information. |
| |
•
News Headlines |
Enhances your search results with the latest related
news stories. |
| |
•
PhoneBook |
Look up U.S. street address and phone number
information. |
| |
•
Q&A |
Use Google to get quick answers to straightforward
questions. |
| |
•
Refine Your Search -
New! |
Add instant info and topic-specific links to your search
in order to focus and improve your results. |
| |
•
Results Prefetching |
Makes searching in Firefox faster. |
| |
•
Search By Number |
Use Google to access package tracking information, US
patents, and a variety of online databases. |
| |
•
Similar Pages |
Display pages that are related to a particular result. |
| |
•
Site Search |
Restrict your search to a specific site. |
| |
•
Spell Checker |
Offers alternative spelling for queries. |
| |
•
Stock and Fund Quotes |
Use Google to get up-to-date stock and mutual fund
quotes and information. |
| |
•
Street Maps |
Use Google to find U.S. street maps. |
| |
•
Travel Information |
Check the status of an airline flight in the U.S. or
view airport delays and weather conditions. |
| |
•
Weather |
Check the current weather conditions and forecast for
any location in the U.S. |
| |
• Web Page Translation |
Provides you access to web pages in other languages. |
| |
•
Who Links To You? |
Find pages that point to a specific URL. |
|
And more Google Links ---
http://www.google.com/intl/en/options/
Blog Search
Find blogs on your favorite topics |
Book Search
Search the full text of books
|
Catalogs
Search and browse mail-order catalogs |
Checkout
Complete online purchases more quickly and
securely |
Desktop
Search and personalize your computer |
Directory
Browse the web by topic |
Earth
Explore the world from your PC
|
Finance
Business info, news, and interactive
charts |
Froogle
Shop for items to buy online and at local
stores |
Images
Search for images on the web |
Local
Find local businesses and get directions
|
Maps
View maps and get directions |
News - now with
archive searchNew!
Search thousands of news stories |
NotebookNew!
Clip and collect information as you surf
the web |
Patent SearchNew!
Search the full text of US Patents |
Scholar
Search scholarly papers |
Specialized Searches
Search within specific topics |
Toolbar
Add a search box to your browser |
Video
Search for videos on Google Video and
YouTube |
Web Search
Search over billions of web pages |
Web Search Features
Find movies, music, stocks, books, and
more |
Bob Jensen's search helpers are at
http://www.trinity.edu/rjensen/searchh.htm
How do
scholars search the Web ---
http://www.trinity.edu/rjensen/searchh.htm#Scholar
Question: Where do your
favorite research journals rank among scientific journals according to their
eigenfactor scores?
The answer is in
Issues in Scholarly Communications from the University of Illinois
See
http://www.trinity.edu/rjensen/HigherEdControversies.htm#JournalRankings
This includes accounting, finance,
and business academic research journals.
Better, More Accurate Image Search
By modifying a common type of machine-learning technique, researchers have found
a better way to identify pictures," by Kate Greene, MIT's Technology
Review, April 9, 2007 ---
http://www.technologyreview.com/Infotech/18501/
Bob Jensen's image search helpers are at
http://www.trinity.edu/rjensen/Searchh.htm#GoogleDeskbar
Investment Glossary
April 16, 2007 message from FG
Pietersz
[graeme@investment-analysis.com]
I would like to make a
suggestion for your tools page. I hope it is OK to email you with this.
I run a investment glossary
website contains more detailed explanations as well as brief glossary type
explanations. It is browseable alphabetically and by category, and well
cross referenced. The extra level of detail should be particualrly helpful
to students.
The site is already listed
in a number of high quality collections of investment resources. These
include Yahoo UK (within the investment and finance guides glossary
category) and Professor Wachowicz's (at the University of Tennessee
Knoxville) list of web sites for finance students.
The url is
http://moneyterms.co.uk/
The site name is Money Terms.
Thanks for your time.
Regards,
Graeme Pietersz
April 18, 2007 reply by Bob Jensen
I added the above glossary link
to the following sites:
http://www.trinity.edu/rjensen/tidbits/2007/tidbits070416.htm
http://www.trinity.edu/rjensen/bookbus.htm
Bob Jensen
Accountancy and the da Vinci
Code
April 12, 2007 message from Barry
Rice
[brice@LOYOLA.EDU]
From the April 11
Brisbane Times:
Forgotten magic manual
contains original da Vinci code
AFTER lying almost untouched in the vaults of an Italian university for 500
years, a book on the magic arts written by Leonardo da Vinci's best friend
and teacher has been translated into English for the first time.
The world's oldest magic
text, De viribus quantitatis (On the Powers of Numbers), was penned by Luca
Pacioli, a Franciscan monk who shared lodgings with da Vinci.
Continued at
http://www.brisbanetimes.com.au/articles/2007/04/10/1175971101054.html
.
E. Barry Rice, MBA,
CPA
Director, Instructional Services
Emeritus Accounting Professor
Loyola College in Maryland
BRice@Loyola.edu
410-617-2478
www.barryrice.com
Facebook me!
http://www.facebook.com/p/Barry_Rice/20102311
April 13, 2007 reply from Patricia Doherty
[pdoherty@BU.EDU]
This is fascinating!!! How
incredible to find that Pacioli and DaVinci were best friends and
roommates!.
p Don't waste time learning
the tricks of the trade. Instead, learn the trade.
Patricia A. Doherty
Department of Accounting
Boston University School of Management
595 Commonwealth Avenue Boston, MA 02215
Bob Jensen's threads on the history of
accountancy are at
http://www.trinity.edu/rjensen//theory/00overview/theory01.htm#AccountingHistory
Question
Is the word "wiki" in the latest edition of the Oxford Dictionary?
"Keeping Up With the Web's New Lingo: With
words being created, put to use, and accepted in the blink of an eye, they're
becoming a challenge to the reference world's gatekeepers," by Catherine
Holahan, Business Week, April 12, 2007 ---
http://www.businessweek.com/technology/content/apr2007/tc20070412_788838.htm?link_position=link1
The ease and speed with
which people publish their lingo online has diminished the ability to judge
a word's worth by its written frequency. Within a few short months, a new
slang term may appear on thousands—if not millions—of Web pages and blogs,
Pitoniak says. Even a misspelled word can return thousands of Web pages on a
Google search. "You have to make careful judgments and make sure that the
word sticks around," says Pitoniak. "You do degrade the quality of the
dictionary when you include words just because they sound trendy."
At the same time, Pitoniak
and his colleagues must be wary of shunning accepted, commonly used terms.
People turn to the dictionary for a host of tasks—from understanding the
meaning of words they hear and read to settling Scrabble disputes. The book
becomes dated if it lacks the ability to elucidate matters relevant to
technophiles, even if they may seem arcane.
Hence, the inclusion of "wiki"
in the latest edition of the Oxford English Dictionary. The word, which
stems from the Hawaiian phrase meaning "quick," now refers to a set of tools
that enables online collaboration among groups.
Jensen Comment
The easiest way to find definitions is
to go to Google Define ---
http://www.trinity.edu/rjensen/searchh.htm#define
Simply go to Google at
http://www.google.com/ or
http://www.google.com/advanced_search?hl=en
In the search box type define and insert the phrase you want defined in
quotations.
For example, suppose you want to define “Grid Computing”
Simply type in define “Grid Computing” in the search box and hit the search
button
Or type in define "wiki"
Bob Jensen's Technology Glossary is at
http://www.trinity.edu/rjensen/245gloss.htm
Biotechs Try to Take Corn Out of Ethanol
The ethanol craze is putting the squeeze on corn
supplies and causing food prices to rise. Mexicans took to the streets last year
to protest increased tortilla prices. The cost of chicken and beef in the United
States ticked up because feed is more expensive.
Paul Elias, PhysOrg, April 14, 2007 ---
http://physorg.com/news95749527.html
"Have China Scholars All Been Bought?" by
Carsten A. Holz, Far Eastern Economic Review, April 2007 ---
http://www.feer.com/articles1/2007/0704/free/p036.html
IBM's New Website for Data Visualization ---
http://services.alphaworks.ibm.com/manyeyes/app
IBM's site lets people collaborate to creatively visualize and discuss
data on fast food, Jesus' apostles, greenhouse-gas trends, and more
"Sharing Data Visualization," by Kate Greene, MIT's Technology Review,
April 11, 2007 ---
http://www.technologyreview.com/Infotech/18516/
IBM is showing
that there's more to the social
Internet than just sharing pictures
and video clips. The company has
launched a new website, called
Many Eyes,
with the hope of adding a social
aspect to data visualizations like
maps, network diagrams, and scatter
plots. The site's users already
include Christian bloggers,
nutritionists, and professors.
Many Eyes
teaches people how to build their
own visualizations (a simple
tutorial can be found
here)
so that they can dive into complex,
multidimensional data. Since its
launch in January, the site has
amassed nearly 2,000 visualizations
that illustrate, for example, the
carbon emission of cars and the
nutritional information of food on a
McDonald's menu. For example, by
illustrating numbers graphically,
users see how Big Macs compare with
double cheeseburgers in terms of
calories, fat, and
sodium--differences that might be
harder to spot on a chart of
numbers.
Many Eyes
was developed by
Martin Wattenberg
and
Fernanda Viegas,
researchers at IBM's Visual
Communication Lab, in Cambridge, MA.
To be sure, Many Eyes is not the
first, or even the most powerful,
data-visualization tool available.
Spotfire,
for instance, is well-known software
that businesses use to visualize and
analyze trends. But what makes Many
Eyes novel is that it's explicitly
designed to be a social site for
sharing visualizations and analysis;
it's essentially the Flickr of data
plots.
While the
field of data visualization in
general isn't new, it has seen a
sort of rebirth in the past few
years thanks to the availability of
software tools that explore data
sets, as well as the ubiquity of
data sets themselves, says
Ben Shneiderman,
a professor of
computer science at the University
of Maryland, in College Park. "It's
one of those things that after 15
years, it's an overnight success."
Recently, Shneiderman says, data
visualizations have gone from static
charts commonly used in PowerPoint
presentations to dynamic displays of
multidimensional data. "Suddenly,"
he says, "we've been given a new eye
to see things that we've never seen
before."
The IBM
software was built using standard
software architectures, says
Wattenberg; the visualizations are
displayed using Java, and there are
a few somewhat sophisticated
algorithms that crunch numbers and
produce the graph layouts.
Ultimately, he says, he and Viegas
wanted a simple, immersive
experience. "The more that it
becomes almost gamelike in its level
of activity, the more fun it
becomes."
Within days
of Many Eyes going live, the
researchers saw a big spike in
traffic from a user-generated
visualization. A user named
"crossway" had uploaded a data set
of names from the New Testament and
how often they occurred near one
another in the text. The user chose
to visualize the data using a
network diagram; the result was
essentially an illustration of the
social network of Jesus and his
apostles. Crossway posted the
network diagram on his or her
well-trafficked Christian blog, and
soon awareness of the visualization
moved from the Christian community
into the technology community,
thanks to an appearance on the
popular blog BoingBoing.net.
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|
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Bob Jensen's threads on multivariate data visualization are at
http://www.trinity.edu/rjensen/352wpvisual/000datavisualization.htm
Question
What's a craplet? (See Walt Mossberg's advice on how to wipe them out.)
Video: Walt tries to get rid of craplets
Many people are furious about so-called craplets,
the unwanted programs that come loaded on most new PCs. Until computer makers
stop dumping these junk programs on us, here are some strategies for avoiding
them.
"Getting Junk Programs On Your New Computer," by Walter S. Mossberg, The Wall
Street Journal, April 12, 2007; Page B1 ---
http://online.wsj.com/article/SB117633406738767006.html?mod=todays_us_marketplace
|
Last week,
when I condemned the flood of crippled
trial software, ads and offers that come loaded on new Windows Vista
computers, readers reacted strongly. I received roughly 700 emails,
all but a handful agreeing with me. The column was the most popular
article that day on WSJ.com and was cited on numerous other Web
sites.
Clearly, many people are
furious about these unwanted programs and icons, which are sometimes
called craplets. Many would like to smite them without going through
the laborious process of uninstalling them manually, one at a time.
Some readers suggested strategies. The following are some options.
One ray of hope is a free
program called PC Decrapifier. It can be downloaded at
pcdecrapifier.com. This software automates
the process of uninstalling craplets. It was written originally to
clean up Dell computers, but its author says it will work on other
brands, too. Before PC Decrapifier runs, it allows you to remove
from its proposed deletion list any programs it considers junk, but
which you might prefer to retain.
|
I haven't tested PC Decrapifier, but even assuming
it works well there are a couple of downsides. First, it may not remove
every craplet from every manufacturer. Also, unless you carefully tweak the
deletions list, PC Decrapifier might remove some full working copies of
preinstalled software that you want; it can't easily differentiate between
trial and real versions of some commonly bundled programs.
Another option is to order a PC without the
craplets in the first place. Some high-end Dell gaming machines are sold
this way. Dell says you can also opt out of some third-party software on
other models. Certain business models from various makers can be purchased
clean, as well. But even business machines sometimes come with unwanted
trial software, like limited versions of accounting programs, and may not be
configured for consumers.
Dell, Sony and others say they are moving toward a
new scenario in which all of this stuff will be easily refused on all
models.
An alternate strategy is to avoid brand-name
Windows computers and buy a Vista PC from a local shop that will construct
it to your specs and leave off all the craplets. The catch is that you may
pay more, and you must be certain that the shop will be around and willing
to provide support for the life of the machine.
Some techies wrote me to say that the first thing
they do with a new PC is to wipe out the hard disk and reinstall Windows so
they start with a clean machine. But I can't recommend this for average
users. For one thing, many new PCs no longer come with disks for
reinstalling a full, clean version of Windows. Some have special sections of
the hard disk from which you can perform a "recovery," but these recoveries
may not be complete or may reload the craplets along with Windows. You
could, of course, buy a fresh copy of Vista to reinstall, but that could
cost hundreds of dollars.
Also, wiping out and rebuilding an operating system
can be tricky for nontechies. Dell told me, "It is not advisable for
nontechie consumers to wipe the hard drive and reinstall. ... This is
intended as an emergency backup or for the technically sophisticated." Sony
and Gateway sent me similar warnings.
Finally, an excellent way to avoid or minimize the
craplet problem is to simply buy an Apple Macintosh computer. New Macs don't
have any craplets displayed on their desktops. On a new Mac, no third-party
software is automatically launched when you start the computer, and you
don't need antivirus or antispyware programs because the Mac is essentially
free from those menaces. So, even my year-old Mac laptop reboots roughly
three times as fast as my three-week-old Sony.
Apple does include a few third-party programs on
Macs, including one that, oddly, is for drawing comic-strip effects on
photos. But these are tucked away in the applications folder and most are
full working versions, not trials or offers. The main exception is a trial
version of Microsoft Office. With some Mac models, you get trials of two
Apple programs, iWork and FileMaker Pro. But these trials can be deleted
simply by dragging the icons to the trash can.
Computer makers should stop dumping craplets on us.
Until they do, you can find ways to avoid them.
Email me at mossberg@wsj.com . See
video versions
Video: Walt tries to get rid of craplets
"Revising the Teaching of Writing," by Scott Jaschik, Inside Higher
Ed, April 13, 2007 ---
http://www.insidehighered.com/news/2007/04/13/denver
At the
University of Denver this year,
a new
writing program is trying a
combination of approaches. Freshmen are taking a series of
three courses in successive quarters — each with a distinct
purpose. The first quarter courses are taught by faculty
members in a range of disciplines, and the next two by a new
cadre of lecturers hired this year.
While not on
the tenure track, the lecturers are far from the
semester-to-semester model of employment used to staff many
a writing course with adjuncts or graduate students. Their
positions are full time, with benefits, and they are paid in
the first quarter of the academic year to plan their
courses, to work individually with students in the writing
center, and to work as in-class consultants and one-on-one
with professors on writing issues that come up in their
courses.
“This is a
very unusual and interesting approach to bridging a gap that
many people are trying to bridge between not treating
writing as a discrete skill set, but as both a discipline in
its own right and a gateway to other disciplines,” said Kent
Williamson, executive secretary-treasurer of the Conference
on College Composition and Communication and executive
director of the National Council of Teachers of English.
Williamson
said he was particularly struck by the creation of a team of
writing lecturers. “You just don’t see a lot of that kind of
integration — the potential of having full-time writing
instructors who are in a real conversation with one another
and with the rest of the faculty.”
The Denver
writing program is the outgrowth of a $10 million grant in
2004 from the Marsico Foundation, which stipulated that the
funds be used to improve undergraduate education. Faculty
committees studied various possible uses for the money and
the full faculty voted (79 percent in favor) to overhaul
what had been a fairly traditional program in which freshmen
took writing, but without a university-wide vision for what
was supposed to be accomplished.
“The
campus wanted a permanent and dedicated teaching faculty in
writing, rather than having a cadre of people who turn over
continually and who are bifurcated as students and
teachers,” said
Douglas Hesse, who directs the new
program and is a past president of the Council of Writing
Program Administrators. In an era when many colleges seem to
view new Ph.D.’s in English as cheap labor to fill sections,
the Denver approach stands out for paying such people for
quarters when they are teaching not a single class and for
manageable workloads when they are teaching (three sections
each quarter, with enrollment in each section not exceeding
15).
The question
Denver is posing to lecturers is not “how many sections can
you handle?” but, in Hesse’s words, “how can they be a true
resource for the university?”
John Tiedmann, one of the new
lecturers, said that in the fall he worked with a political
science class on globalization. The themes of the course
were so broad that students’ papers were “vague summaries of
the world rather than real positions on anything,” and the
professor was frustrated. Tiedmann met with the professor,
reviewed students’ papers, led a workshop for students on
writing about topics as potentially overwhelming as
globalization, and followed up to track the results.
The “typical
attitude” at universities is for a professor to call a
writing instructor “like a repairman,” who can somehow “fix”
student writing, Tiedmann said. The Denver approach is more
collaborative and substantive.
Continued in article
"Facebook gets facelift, adds more social networking tools," MIT's
Technology Review, April 11, 2007 ---
http://www.technologyreview.com/Wire/18522/
Facebook.com is getting a facelift designed to make
the popular Web site's social networking features easier to find and use.
The makeover being announced Wednesday represents
Facebook's most extensive overhaul in 18 months, said Mark Zuckerberg, the
site's 22-year-old founder.
Besides adopting a new look, Facebook is
introducing tools that will enable its users to learn more about their
social networks and more easily conduct electronic conversations among
multiple people simultaneously.
The Palo Alto, California-based Web site is the
second largest social networking site behind MySpace.com, which was sold to
News Corp. in 2005 for $580 million.
Facebook last year spurned a $1 billion (euro740
billion) takeover offer from Yahoo Inc. and could attract even more
tantalizing bids if Zuckerberg realizes his goal of doubling the site's
audience during the next six months. Facebook currently has about 19 million
active users, a number that has been rising by an average of 3 percent each
week.
Despite Facebook's success, Zuckerberg said he and
his team are constantly looking for ways to make it simpler to navigate
around the site. ''There's always room for improvement,'' said Zuckerberg,
who dropped out of Harvard University in 2004 to focus on building Facebook.
Change has not always been welcomed by Facebook's
users. Last September, Facebook had to fend off a user rebellion after
introducing a feature that made it easier to track revisions made to the
personal profiles set up on the Web site. Thousands of Facebook users
protested, arguing the change represented an invasion of privacy.
To minimize the chances of a backlash this time,
Facebook tested its new look and features with more than 100,000 users.
Originally a hangout catering exclusively to
college students, Facebook has branched out to other segments of society.
The site, owned by Palo Alto-based Facebook Inc., now has more than 47,000
networks bound together by common employers and other shared interests.
Less than half of Facebook's users are currently in
college, Zuckerberg said.
People Finder Site for the U.S. ---
http://www.usa-people-search.com/
April 9, 2007 message from Rebecca Murphy
[rebecca@maxhostmedia.com]
I'm interested in the possibility of placing a link
on your site, specifically this page:
http://www.trinity.edu/rjensen/bookbob3.htm . The
link would be for a website
(
http://www.usa-people-search.com/
) which helps people, including potential employers, do inexpensive and
exhaustive background checks.
I noticed that you already have a link to a person
finding website, and I would hope that you would consider adding this link
as an addendum.
Please, if you have the chance, get back to me and
let me know if this might be possible. I'd be happy to answer any questions
or concerns, and would be happy to discuss anything I can do to help you
come to a favorable decision.
Thanks so much for your time, Rebecca Murphy
Jensen Comment
I added the above link to
http://www.trinity.edu/rjensen/searchh.htm#SpecializedSearchEngines
From PhD Comics: Helpers for Filling Out Teaching Evaluations ---
http://www.phdcomics.com/comics.php?f=847
Question
What is the Semantic Web that is a "rising tide" in the world of business?
The Semantic Web project of the W3C in which automated methods
based on quality metadata are envisaged to replace much human searching of the
web. Relies on ontologies, XML and RDF ---
http://www.trinity.edu/rjensen/XMLRDF.htm
"Taming the World Wide Web: A rising tide
of companies are tapping Semantic Web technologies to unearth hard-to-find
connections between disparate pieces of online data," by Rachael King,
Business Week, April 9, 2007 ---
http://www.businessweek.com/technology/content/apr2007/tc20070409_248062.htm
When Eli Lilly scientists
try to develop a new drug, they face a Herculean task. They must sift
through vast quantities of information such as data from lab experiments,
results from past clinical trials, and gene research, much of it stored in
disparate, unconnected databases and software programs. Then they've got to
find relationships among those pieces of data. The enormity of the challenge
helps explain why it takes an average of 15 years and $1.2 billion to get a
new drug to market.
Eli Lilly (LLY) has vowed to
bring down those costs. "We have set the goal of reducing our average cost
of R&D per new drug by fully one-third, about $400 million, over the next
five years," Lilly Chairman and Chief Executive Officer Sidney Taurel told
the American Chamber of Commerce in Japan last August.
As part of its cost-cutting
campaign, the drugmaker is experimenting with new technologies designed to
make it easier for scientists to unearth and correlate scattered, unrelated
morsels of online data. Outfitted with this set of tools, researchers can
make smarter decisions earlier in the research phase—where scientists screen
thousands of chemical compounds to see which ones best treat symptoms of a
given disease. If all goes according to plan, the company will get new
pharmaceuticals to patients sooner, and at less cost.
Found in Space Those tools
are the stuff of the Semantic Web, a method of tagging online information so
it can be better understood in relation to other data—even if it's tucked
away in some faraway corporate database or software program. Today's
prominent search tools are adept at quickly identifying and serving up reams
of online information, though not at showing how it all fits together. "When
you get down to it, you have to know whatever keyword the person used, or
you're never going to find it," says Dave McComb, president of consulting
firm Semantic Arts.
Researchers in a growing
number of industries are sampling Semantic Web knowhow. Citigroup (C) is
evaluating the tools to help traders, bankers, and analysts better mine the
wealth of financial data available on the Web. Kodak (EK) is investigating
whether the technologies can help consumers more easily sort digital photo
collections. NASA is testing ways to correlate scientific data and maps so
scientists can more efficiently carry out planetary exploration simulation
activities.
The Semantic Web is in many
ways in its infancy, but its potential to transform how businesses and
individuals correlate information is huge, analysts say. The market for the
broader family of products and services that encompasses the Semantic Web
could surge to more than $50 billion in 2010 from $2.2 billion in 2006,
according to a 2006 report by Mills Davis at consulting firm Project10X.
Data Worth a Thousand
Pictures While other analysts say it will take longer for the market to
reach $50 billion, most agree that the impact of the Semantic Web will be
wide-ranging. The Project10X study found that semantic tools are being
developed by more than 190 companies, including Adobe (ADBE), AT&T (T),
Google (GOOG), Hewlett-Packard (HPQ), Oracle (ORCL), and Sony (SNE).
Among the enthusiasts is
Patrick Cosgrove, director of Kodak's Photographic Sciences & Technology
Center, who is, not surprisingly, also a photo aficionado. He boasts more
than 50,000 digital snapshots in his personal collection. Each year he
creates a calendar for his family that requires him to wade through the
year's photos, looking for the right image for each month. It's a laborious
task, but he and his colleagues aim to make it easier.
One project involves taking
data captured when a digital photo is taken, such as date, time, and even
GPS coordinates, and using it to help consumers find specific images—say a
photo of mom at last year's Memorial Day picnic at the beach. Right now,
much of that detail, such as GPS coordinates, is expressed as raw data. But
Semantic Web technologies could help Kodak translate that information into
something more useful, such as what specific GPS coordinates mean—whether
it's Yellowstone National Park or Grandma's house up the street.
Continued in article
Also see:
"Q&A with Tim Berners-Lee The inventor of the Web explains how the new Semantic
Web could have profound effects on the growth of knowledge and innovation,"
Business Week, April 9, 2007 ---
http://www.businessweek.com/technology/content/apr2007/tc20070409_961951.htm
"The Web's Father Expects a Grandchild:
Tim Berners-Lee is working on the "Semantic Web," with its richer information
links that unlock the power of "unplanned reuse of data," Business Week,
October 22, 2006 ---
http://www.businessweek.com/bwdaily/dnflash/oct2004/nf20041022_6972_db083.htm
Bob Jensen's threads on the Semantic Web are
at
http://www.trinity.edu/rjensen/XMLRDF.htm
Bob Jensen's technology glossary is at
http://www.trinity.edu/rjensen/245gloss.htm
State and local taxes
will consume 11% of the nation's income in 2007.
"State and Local Tax Burdens Hit 25-Year High," by Curtis S. Dubay, Tax
Foundation Special Report No. 153, April 2007 ---
http://www.taxfoundation.org/files/sr153.pdf
What states in the U.S. have the highest versus the lowest tax burdens?
April 10, 2007 message from an accounting professor
Prof Jensen
I'm putting together a fact box for the income tax deadline; and was
wondering how many taxpayers, on average, fail to file tax returns on time.?
And are four out of the five states with the heaviest tax burdens still
Connecticut, New York, New Jersey, and Massachusetts? Other lesser known
factoids about income taxes that readers might find interesting would be
appreciated.
Thank You
April 11, 2007 reply from Bob Jensen
Hi XXXXX,
I really don’t
know how many late filers there are or the trends in late filings and
extension filings. The IRS has a ton of statistics at
http://www.irs.gov/taxstats/article/0,,id=96629,00.html
The word search box is also excellent at the IRS site.
You really can’t
analyze states without factoring in property taxes and all other state
taxes. When I moved to New Hampshire, the tax burden was a factor in my
decision. I also considered moving to the coast of Maine, but Maine has
the highest tax burden in the nation.
You can find the
following module at
http://www.trinity.edu/%7Erjensen/tidbits/2005/tidbits050622.htm
Tax-friendly versus Tax-unfriendly states in 2005 ---
http://money.cnn.com/2005/04/08/real_estate/tax_friendly/index.htm
Top honors go to the tax-friendly states of Alaska, New Hampshire and
Delaware.
Most unfriendly? Maine, New York, D.C.
|
Every year, the Tax Foundation
measures the total tax bill for each state, creating
a list of the most – and least – tax-friendly states
in the country.
See the full list
here. And see
more state rankings based
on income tax, sales tax, property tax and tax
breaks for retirees.
In creating its rankings,
the Tax Foundation measures as a percentage of per
capita income what residents pay in income,
property, sales and other personal taxes levied at
the state and local levels. It also factors in the
portion of business taxes passed along to state
residents through higher prices, lower wages or
lower profits.
The Tax Foundation is a
nonpartisan, nonprofit policy research group that
advocates, among other things, tax simplification.
|
|
http://online.wsj.com/article/SB117651636969369930.html?mod=opinion_main_review_and_outlooks
2007 Update: Vermont Overtakes Maine
"Democrats and the AMT," The Wall Street Journal, April 14, 2007; Page A8
---
Click Here
(Both the
CNN Money and the WSJ used the Tax Foundation databases.)

Martha Stewart Spent a Whole Lot of Her
Billion Dollars Upgrading Her Websites
"Martha Stewart aims to be online leader in everything lifestyle," MIT's
Technology Review, April 11, 2007 ---
http://www.technologyreview.com/Wire/18518/
Domesticity
diva Martha Stewart aims to parlay
her authoritative voice on
everything about lifestyle to the
millions of women who surf the
Internet with the relaunch of her
namesake Web site.
Martha Stewart
Living Omnimedia Inc. -- which
scaled back its Web operation as a
catalog/e-commerce business in 2005
-- is set to officially relaunch
marthastewart.com Tuesday as an
information portal.
The
overhauled site, quietly unveiled
late last month, features more than
700 videos, including daily episodes
of Stewart's TV shows and how-to
clips, provides a community where
users can chat about such ideas as
the latest recipe for chocolate
cake, and features a retooled search
engine that allows users to browse
either by interest such as the
latest scrapbooking techniques or by
media property from magazines to TV
shows. It also allows users to
search across 700 other Web sites to
get the best resources.
This fall,
Martha Stewart Living will be
expanding its community sites and
personalization features, which will
enable users to save, share, review
and collect content from the site as
well as interact with each other
through interest groups dedicated to
specific passions like knitting.
''Martha
Stewart is the most trusted
lifestyle authority,'' Susan Lyne,
Martha Stewart Living president and
CEO, said in a statement. ''We have
a big leg up on other sites because
our content libraries are so deep
and our creative teams so prolific
-- we're a constantly renewed
resource for consumers.''
Martha
Stewart Living has enjoyed a rebound
over the past year and a | | |