In 2017 my Website was migrated to the clouds and reduced in size.
Hence some links below are broken.
One thing to try if a “www” link is broken is to substitute “faculty” for “www”
For example a broken link
can be changed to corrected link
However in some cases files had to be removed to reduce the size of my Website
Contact me at if you really need to file that is missing

Tidbits Political Quotations
To Accompany the March 28, 2018 edition of Tidbits             
Bob Jensen at
Trinity University

USA Debt Clock --- ubl

In September 2017 the USA National Debt exceeded $20 trillion for the first time ---

How Your Federal Tax Dollars are Spent ---

To Whom Does the USA Federal Government Owe Money (the booked obligation of $20+ trillion) ---
The US Debt Clock in Real Time --- 
Remember the Jane Fonda Movie called "Rollover" ---
One worry is that nations holding trillions of dollars invested in USA debt are dependent upon sales of oil and gas to sustain those investments.

To Whom Does the USA Federal Government Owe Money (the unbooked obligation of $100 trillion and unknown more in contracted entitlements) ---
The biggest worry of the entitlements obligations is enormous obligation for the future under the Medicare and Medicaid programs that are now deemed totally unsustainable ---

How Americans Get Health Insurance ---


Sometimes the grass is greener on the other side because it's been fertilized with more bullshit.


The worst form of inequality is to try to make unequal things equal.


How many times have we heard ‘free tuition,’ ‘free health care,’ and free you-name-it? If a particular good or service is truly free, we can have as much of it as we want without the sacrifice of other goods or services. Take a ‘free’ library; is it really free? The answer is no. Had the library not been built, that $50 million could have purchased something else. That something else sacrificed is the cost of the library. While users of the library might pay a zero price, zero price and free are not one and the same. So when politicians talk about providing something free, ask them to identify the beneficent Santa Claus or tooth fairy.
Walter Williams


Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket.
Eric Hoffer.


The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
Winston Churchill


Shoot for the space in between, because that's where the real mystery lies.
Vera Rubin


Only those who will risk going too far can possibly find out how far one can go.
T.S. Eliot

There is a crack in everything, that’s how the light gets in.
Leonard Cohen

Be brave enough to start a conversation that matters.
Margaret Wheatley
Even conversations that are not politically correct.

That government is best which governs the least, because its people discipline themselves.
Thomas Jefferson

Why, we grow rusty and you catch us at the very point of decadence --- by this time tomorrow we may have forgotten everything we ever knew. That's a thought isn't it? We'd be back to where we started --- improvising.
Tom Stoppard, Rosencrantz and Guildenstern are Dead (Act I)

It's hard to beat a person who never gives up.

Babe Ruth, Historic Home Run Hitter
What's sad is to witness what Syria has become because nobody will give up.

And "because they're nonstate actors, it's hard for us to get the satisfaction of [Gen.] MacArthur and the [Japanese] Emperor [Hirohito] meeting and the war officially being over," Obama observed, referencing the end of World War II. 
President Barack Obama when asked if the USA of the future will be perpetually engaged in war.

We must be willing to get rid of the life we've planned, so as to have the life that is waiting for us. 
Joseph Campbell

If everyone is thinking alike, then somebody isn't thinking. 
George S. Patton

And many writers have imagined for themselves republics and principalities that have never been seen or known to exist in reality; for there is such a gap between how one lives and how one ought to live that anyone who abandons what is done for what ought to be done learns his ruin rather than his preservation: for a man who wishes to profess goodness at all times will come to ruin among so many who are not good.
Niccolo Machiavelli

If you don't know where you're going, you might not get there.
Yogi Berra

Happiness is like a butterfly: the more you chase it, the more it will elude you, but if you turn your attention to other things, it will come and sit softly on your shoulder.
Henry David Thoreau

You can get a lot farther with a smile and a gun than you can with just a smile.
Al Capone

Speak softly and carry a big stick, and you will go far.
Teddy Roosevelt

Fake Einstein:  You probably know a quote from him. He probably never said it ---
Also see

The US's national debt spiked $1 trillion (to over $20 trillion) in less than 6 months ---
|USA Debt Clock ---
USA unbooked entitlements commitments are now over $100 trillion

The 20 Worst Quotes From Louis Farrakhan, Liberal America's Favorite Racist ---

Vox: We'll Have to Confiscate Guns To Reach 'European Levels Of Violence' ---
Think of those "no go" Islamic gang zones in Sweden, German, Belgium, and the UK where the police are afraid to set foot.

Rubio Wants Higher Ed Act to Take on Confucius Institutes ---

Vox:  Stop blaming mental illness for mass shootings ---

Vox:  The real problem with the New York Times op-ed page: it’s not honest about US conservatism ---

A staggering 44 cents out of every shopping dollar spent online is spent at Amazon ---

What will happen when unemployment dips below 4 percent? Just look at where it already has ---

Biased Media Downplays Trump Economy Success

Phillips Curve ---
The Death of the Phillips Curve?

Black Pastors Call on Rep. Maxine Waters to Condemn Louis Farrakhan’s ‘Leftist Hate Speech’ ---

Dershowitz: Democrats have to fire Ellison over Farrakhan lies Alan Dershowitz: Democrats Have To Fire Ellison Over Farrakhan Lies ---

The New York Times
Transgender Volleyball Star in Brazil Eyes Olympics and Stirs Debate
Jensen Comment
It's relevant to note that Ms. Abreau had sex realignment surgery. Such surgery adds a dimension to the debate over whether transgender competitors with penises should be allowed to compete in women's athletics. The NCAA changed the rules away from penises to tests for testosterone levels. This makes sex realignment surgery less of a condition regarding binary competitions.

Virginia’s juvenile-detention system is shrinking. But it still has one of the highest recidivism rates (70%) in the country ---

Internet Sales Tax Bill Dead for 2018 ---

The Guardian: Europe is cracking down on Silicon Valley out of 'jealousy'  ---

Armed School Resource Officer Took Down Maryland High School Shooter ---

Kentucky’s pension conversation has reached height of absurdity:  Worst-Funded Pension System Among 50 States  ---,12287

PhysOrg:  Extreme winter weather, such as 'Beast from the East', can be linked to solar cycle ---

Former Obama Staffer: Facebook Allowed Us To Break User Data Rules Because They Were On Our Side ---

Facebook harvests individual users' data and sells it to advertisers, who narrowly target specific messages to particular people not just for profit, but for partisan political gain ---

40 of History's Greatest Women ---
Bob Jensen's threads on women ---

Former French president Nicolas Sarkozy is being held in custody at the Nanterre police station in relation to an investigation into an alleged 5 million euro cash transfer to Sarkozy and chief of staff Claude Gueant from businessman Ziad Takieddine in 2007 ---

The WaPo’s “LEAD” story going viral today makes it seem that Donald Trump was the first—and only—president to ever congratulate Vladimir Putin on an election victory when, in point of fact, former president Barack Obama did the same thing, only in a much more gushing way ---
Snopes says Obama congratulated Putin on his 2012 win ---

Dershowitz: Either McCabe or Comey Is Not Telling the Truth ---

Humanities at Risk in Denmark:  Plan would link number of university spots to labor market needs ---

Trump Hits China With $50 Billion in Tariffs ---

'Much ado about nothing': The ad industry is sticking with Facebook despite the Cambridge Analytica fiasco ---

But Krugman being Krugman, his intense partisanship invariably requires him to descend into the ridiculous, only to reveal his own “zombie ideas.” ---

Will these global religions all meld into one? Will they wither away? Will they splinter into thousands?
Animated Map Shows How the Five Major Religions Spread Across the World (3000 BC – 2000 AD) ---

Russia is supporting and even supplying arms to the Taliban, the head of US forces in Afghanistan has told the BBC ---

YouTube wants the news audience, but not the responsibility ---

Iran harassed and humiliated the US Navy under Obama — here's why it stopped under Trump ---

Nine Ridiculous Things About the 2018 Omnibus Budget Bill
Also see



Communism in Russian --- ..\..\Booknewtank.htm

Dissolution of the Soviet Union ---

Nostalgia for the Soviet Union ---

Putinism ---

Millions of Russians and eastern Europeans now believe that they were better off under communism. But was it communism and why were the food shelves nearly empty?

. . .

Responsible and rational citizens need to be critical of simplistic historical narratives that rely on the pitchfork effect to demonise anyone on the Left. We should all embrace Geertz’s idea of an anti-anti-communism in hopes that critical engagement with the lessons of the 20th century might help us to find a new path that navigates between, or rises above, the many crimes of both communism and capitalism.

'Dancing Bears' Offers A Look Into How Countries Adapted To Life After Communism ---

Jensen Comment
One of the stark contrasts of so-called communism versus so-called capitalism arise in the comparisons of post-war (WW II) prosperity of West versus East Germany ---


New Jersey Prepares To Raise Taxes On "Almost Everything" As It Nears Financial Disaster (Title) ---
Jensen Comment
New Jersey overwhelmingly already has the highest tax burden among the 50 states

N.J. Governor's Plan for Free Community College ---

Jensen Question
Who cares about possible bankruptcy as long as a massive increase in spending is for a good cause?

From the CFO Journal's Morning Ledger on March 15, 2018

Europe tightens screws on U.S. tech firms.
Europe is zeroing in on U.S. tech companies amid rising trans-Atlantic trade tensions. France
on Wednesday petitioned to fine Apple Inc. and Alphabet Inc.’s Google for allegedly taking advantage of smaller French software developers. In Brussels, the European Union next week plans to unveil two legislative proposals to increase taxes on tech giants.

Jensen Comment
The EU continues to milk USA companies other than by  raising tariffs.

Trump's Conflicts with the USA media are "Stormier" than with China (at least in terms of trade wars)
From the CFO Journal's Morning Ledger on March 26, 2018

Good morning. Company executives concerned about escalating tensions between the U.S. and China might breathe a sigh of relief, report the WSJ’s Lingling Wei and Bob Davis. The two governments have quietly started to negotiate better U.S. access to Chinese markets, potentially avoiding a trade war.

The talks come after the Trump administration last week set out specific requests that include lower Chinese tariffs on U.S. cars, higher orders for U.S. semiconductors from China and greater access to China’s financial sector for American firms.

President Trump on Thursday threatened to impose tariffs on as much as $60 billion of Chinese imports, while China on Friday rolled out penalties against $3 billion in U.S. goods as Washington’s levies on imported steel and aluminum took effect.

Business leaders over the weekend warned about additional punitive trade measures. Apple Inc. CEO Tim Cook urged the U.S. to embrace open trade, while Larry Fink, chief executive of investment firm BlackRock Inc., said the U.S. and China should not fight a trade war.

Meanwhile, governments across the globe scrambled to lessen the impact of the steel and aluminum tariffs on their industries. The WSJ’s William Mauldin and Rhiannon Hole explain how some countries managed to get temporary exemptions.

Australia ranks high in terms of "accepting migrants" but there are just too many from India
Australia’s new visa rules will hit Indians the hardest

How to Mislead With Statistics
In countries with high migrant acceptance indexes — that is, countries where the populace is generally receptive to newcomers — immigrants “are happier than their other circumstances would indicate ---

Jensen Comment
What the author (Maggie Astor) implies is that countries with high migrant acceptance indexes are also the happiest countries. That is just not the case. The countries that are ranked as happiest (think Finland, Norway, and Denmark) are not leaders in migrant acceptance indexes. In fact, Finland is noted for rerouting migrants into Sweden. Sweden is fed up with the lawless gangs of migrants in the no-go zones where the police are afraid to enter. Now all the Nordick countries are refusing citizenship to ever more migrants and paying them to return to their home countries.

Least- and Most-Accepting Countries for Migrants


Least accepting of migrants

Most accepting of migrants









New Zealand










Sierra Leone


















Czech Republic







Burkina Faso







Note that the happiest nations of Finland, Norway, and Denmark are not on the list, and Sweden is now regretting accepting so many migrants. Iceland is quite "accepting" of the very few migrants it accepts and does not offer much in the way of economic opportunity to migrants. Iceland historically has a high rate of emigration (citizens leaving) especially into Canada ---
It would seem that Iceland is not fond of inviting migrants from Africa, Latin America, South America, India, and the Middle East.

Residents in Iceland by country of origin
(as of 1 January 2014)[14]






















United Kingdom



United States







































Czech Republic




































Total (excluding Icelanders)




Stanford University:  Should We Stop Licensing Doctors and Lawyers (and accountants and barbers)?

Jensen Comment
I strongly disagree with the conclusions of this paper. There's just too much at stake in nearly all these fields where the consumer is too easily ripped off and even injured. If anything the professions are too lenient in protecting the public from their licensed professionals. There are just too many horror stories where insiders (think colleagues, assistants) kept silent about an incompetent licensed professional.

Licensing also discourages the poor academic performers from choosing a profession such as when marginal students choose to major in management rather than accounting because of fear of passing the CPA examination. Sure we lose a few good accountants this way but we also lose a lot of potential lousy accountants.

And there are a lot more technical accounting courses in a curriculum than in other business majors because those courses are required to sit for the Uniform (national) CPA Examination. Even in times of budgetary distress colleges cannot drop some of those courses if they want to keep graduates eligible to take the CPA exam. The same is true in other licensing disciplines like law, nursing, pharmacy, engineering, etc. Without licensing requirements it might be tempting to drop some of the technical and relatively expensive courses in a curriculum.

Licensing is not a perfect hurdle. Some bridges designed and/or inspected by licensed engineers do come crashing down on occasion, but I prefer to have licensing requirements to prevent more widespread bridge failures.

Licensing is not a perfect hurdle as evidenced by reputations of professionals among insiders. My wife was a surgical nurse for 20+ years. Insiders like her had their informal surgeon rating systems even if they seldom discussed those ratings in public. When I broke my hip years ago riding a bicycle she chose what she and other insiders at the Northeast Baptist Hospital in San Antonio considered the best hip surgeon relative to some others that were better avoided even if they were licensed. One of the huge problems in this type of performance evaluation, however, is that the system has better performance data on surgeons who operated in that hospital for 20+ years in the same hospital relative to newcomers.

It was interesting for me, as an outsider, to discover what specialty the nurses had the strongest feelings about regarding surgeons. The strongest feelings feelings seemed to be directed at plastic surgeons, perhaps because the messy plastic surgery mistakes were more observable in the operating room relative to some other types of surgeries like brain surgery.

It was also interesting to discover that some of the best surgeons were the hardest to work for in the operating room in terms of bad temperaments and rudeness. Some nurses chose to have their own surgeries from the surgeons they preferred not to work with in the operating rooms. Nice professionals aren't always the best professionals


Why do some people, notably elderly Japanese women, commit crimes because they want to go to prison?

Jensen Comment
Some people in the USA commit crimes just to get free medical treatment, including sex change operations and organ transplants. Some elderly people may do it because the care is better, especially in Club Fed. Some prisoners cannot deal well with the outside world after being locked up for many years. They just want back on the inside.

In Nordic countries the apartments for prisoners are quite nice and in Finland most prisoners are free to come and go from their "free" apartments.

Japan’s Prisons Are a Haven for Elderly Women












Bob Jensen's health care messaging ---

World Wealth & Income Database ---

OECD Health Statistics 2016 ---

Facts and statistics (Fast Facts) --- 


Bob Jensen's links to data and statistics ---

Bob Jensen's World Library ---













Bob Jensen's threads on health coverage are at



Bob Jensen's Tidbits Archives --- 

Bob Jensen's Pictures and Stories

Summary of Major Accounting Scandals ---

Bob Jensen's threads on such scandals:

Bob Jensen's threads on audit firm litigation and negligence ---

Current and past editions of my newsletter called Fraud Updates ---

Enron ---

Rotten to the Core ---

American History of Fraud ---

Bob Jensen's fraud conclusions ---

Bob Jensen's threads on auditor professionalism and independence are at

Bob Jensen's threads on corporate governance are at 


Shielding Against Validity Challenges in Plato's Cave ---

·     With a Rejoinder from the 2010 Senior Editor of The Accounting Review (TAR), Steven J. Kachelmeier

·     With Replies in Appendix 4 to Professor Kachemeier by Professors Jagdish Gangolly and Paul Williams

·     With Added Conjectures in Appendix 1 as to Why the Profession of Accountancy Ignores TAR

·     With Suggestions in Appendix 2 for Incorporating Accounting Research into Undergraduate Accounting Courses

Shielding Against Validity Challenges in Plato's Cave  ---
By Bob Jensen

What went wrong in accounting/accountics research?  ---

The Sad State of Accountancy Doctoral Programs That Do Not Appeal to Most Accountants ---


Bob Jensen's threads on accounting theory ---

Systemic problems of accountancy (especially the vegetable nutrition paradox) that probably will never be solved ---

Bob Jensen's economic crisis messaging

Bob Jensen's threads ---

Bob Jensen's Home Page ---