Tidbits on January 31, 2018
Bob Jensen at Trinity University

Set 9 of My All Time Favorite Snow Photographs --- My Little Red Fox


Tidbits on January 31, 2018
Scroll Down This Page

Bob Jensen's Tidbits ---

For earlier editions of Fraud Updates go to http://faculty.trinity.edu/rjensen/FraudUpdates.htm
For earlier editions of New Bookmarks go to http://faculty.trinity.edu/rjensen/bookurl.htm 
Bookmarks for the World's Library --- http://faculty.trinity.edu/rjensen/bookbob2.htm 

Bob Jensen's past presentations and lectures --- http://faculty.trinity.edu/rjensen/resume.htm#Presentations   

Bob Jensen's Threads --- http://faculty.trinity.edu/rjensen/threads.htm

Bob Jensen's Home Page is at http://faculty.trinity.edu/rjensen/

More of Bob Jensen's Pictures and Stories

Updates from WebMD --- Click Here

Google Scholar --- https://scholar.google.com/

Wikipedia --- https://www.wikipedia.org/

Bob Jensen's search helpers --- http://faculty.trinity.edu/rjensen/searchh.htm

Bob Jensen's World Library --- http://faculty.trinity.edu/rjensen/Bookbob2.htm

USA Debt Clock --- http://www.usdebtclock.org/ ubl

Online Video, Slide Shows, and Audio

NOVA: Black Hole Apocalypse Science  --- http://www.pbs.org/wgbh/nova/space/black-hole-apocalypse.html 

Carl Sagan’s “The Pale Blue Dot” Animated ---

For All the World to See: Visual Culture and the Struggle for Civil Rights ---

Economic Policy Institute: Multimedia --- www.epi.org/multimedia

Only one road in the world leads from Russia to North Korea — and you can take a trip down it on Google Maps ---

The Paintings of Henri de Toulouse-Lautrec to the music of Offenbach ---

The London Time Machine: Interactive Map Lets You Compare Modern London, to the London Shortly After the Great Fire of 1666 ---

Celebrate the Life & Writing of Ursula K. Le Guin (R.I.P.) with Classic Radio Dramatizations of Her Stories ---

How the Fences & Railings Adorning London’s Buildings Doubled (by Design) as Civilian Stretchers in World War II ---

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

Neil Diamond - Coming to America --- https://www.youtube.com/watch?v=9ttDUGM-1mU

Watch David Byrne Lead a Massive Choir in Singing David Bowie’s “Heroes” ---

Artificial Intelligence Writes a Piece in the Style of Bach: Can You Tell the Difference Between JS Bach and AI Bach?

The Paintings of Henri de Toulouse-Lautrec to the music of Offenbach ---

Web outfits like Pandora, Foneshow, Stitcher, and Slacker broadcast portable and mobile content that makes Sirius look overpriced and stodgy ---

Pandora (my favorite online music station) --- www.pandora.com
(online music site) --- http://www.theradio.com/
Slacker (my second-favorite commercial-free online music site) --- http://www.slacker.com/

Gerald Trites likes this international radio site --- http://www.e-radio.gr/
Songza:  Search for a song or band and play the selection --- http://songza.com/
Also try Jango --- http://www.jango.com/?r=342376581
Sometimes this old guy prefers the jukebox era (just let it play through) --- http://www.tropicalglen.com/
And I listen quite often to Soldiers Radio Live --- http://www.army.mil/fieldband/pages/listening/bandstand.html
Also note
U.S. Army Band recordings --- http://bands.army.mil/music/default.asp

Bob Jensen's threads on nearly all types of free music selections online ---

Photographs and Art

Enroll in Seven Free Courses From the Museum of Modern Art (MoMA): “Modern Art & Ideas,” “Seeing Through Photographs” & “Fashion as Design” ---

Only one road in the world leads from Russia to North Korea — and you can take a trip down it on Google Maps ---

JAR: Journal for Artistic Research Arts --- www.jar-online.net

The Atlantic's Photos of the Week ---

For All the World to See: Visual Culture and the Struggle for Civil Rights ---

aw Material: SFMOMA Podcast (art history) --- www.sfmoma.org/raw-material

Google Arts and Culture: Passage to India Social ---  www.google.com/culturalinstitute/beta/u/0/exhibit/FQKCQq9LDKemIg

National Portrait Gallery Blog --- www.npg.org.uk/blog.php

National Portrait Gallery: First Ladies --- http://npg.si.edu/portraits/collection-highlights/first-ladie

FoundSF (San Francisco) --- www.foundsf.org

An 18-year-old girl who lived in Greece 7,000 years ago and was unearthed by archaeologists in Theopetra cave, near the city of Trikala, has had her face reconstructed ---

OMCA Collections: Dorothea Lange (San Francisco Bay Area Historic PhotographsO ---

The Largest Early Map of the World Gets Assembled for the First Time: See the Huge, Detailed & Fantastical World Map from 1587 ---

50 years ago, US troops bunkered down for the Vietnam War's most infamous siege — here's how it unfolded ---

How the Fences & Railings Adorning London’s Buildings Doubled (by Design) as Civilian Stretchers in World War II ---

Haunting Photos Show the Realities of American Poverty ---
Jensen Comment
Poverty is real in America, but there are safety nets available to most poor people such as food stamps, aid to dependent children, Medicaid medical insurance, and Social Security Disability Monthly Stipends and free Medicare. Subsidized housing is available but this often entails having to move to a larger town and having to live where there are sometimes dangerous gangs and drug dealings. Sometimes poor folks prefer living in shacks and mobile homes to living in danger. Medicaid is free medical insurance but often doctors and hospitals refuse to take Medicaid patients except in emergency rooms. Blacks and Hispanics frequently live in greater poverty than whites.

Bob Jensen's threads on art history ---

Bob Jensen's threads on history, literature 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://faculty.trinity.edu/rjensen/ElectronicLiterature.htm

Bob Jensen's threads on libraries --- http://faculty.trinity.edu/rjensen/bookbob2.htm#---Libraries

Academy of American Poets: Poem-a-Day Language Arts --- www.poets.org/poetsorg/poem-day

GayYA (LGBTQIA+ in YA [young adult literature) --- www.gayya.org

The Latin Works of John Wyclif; A searchable database of the primary texts ---

Celebrate the Life & Writing of Ursula K. Le Guin (R.I.P.) with Classic Radio Dramatizations of Her Stories ---

What Shakespeare’s English Sounded Like, and How We Know ---

Free Electronic Literature --- http://faculty.trinity.edu/rjensen/ElectronicLiterature.htm
Free Online Textbooks, Videos, and Tutorials --- http://faculty.trinity.edu/rjensen/ElectronicLiterature.htm#Textbooks
Free Tutorials in Various Disciplines --- http://faculty.trinity.edu/rjensen/Bookbob2.htm#Tutorials
Edutainment and Learning Games --- http://faculty.trinity.edu/rjensen/000aaa/thetools.htm#Edutainment
Open Sharing Courses --- http://faculty.trinity.edu/rjensen/000aaa/updateee.htm#OKI

Now in Another Tidbits Document
Political Quotations on January 31, 2018

USA Debt Clock --- http://www.usdebtclock.org/ ubl

To Whom Does the USA Federal Government Owe Money (the booked obligation of $19+ trillion) ---
The US Debt Clock in Real Time --- http://www.usdebtclock.org/ 
Remember the Jane Fonda Movie called "Rollover" --- https://en.wikipedia.org/wiki/Rollover_(film)

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 ---

Entitlements are two-thirds of the federal budget. Entitlement spending has grown 100-fold over the past 50 years. Half of all American households now rely on government handouts. When we hear statistics like that, most of us shake our heads and mutter some sort of expletive. That’s because nobody thinks they’re the problem. Nobody ever wants to think they’re the problem. But that’s not the truth. The truth is, as long as we continue to think of the rising entitlement culture in America as someone else’s problem, someone else’s fault, we’ll never truly understand it and we’ll have absolutely zero chance...
Steve Tobak ---

"These Slides Show Why We Have Such A Huge Budget Deficit And Why Taxes Need To Go Up," by Rob Wile, Business Insider, April 27, 2013 ---
This is a slide show based on a presentation by a Harvard Economics Professor.

Peter G. Peterson Website on Deficit/Debt Solutions ---

Bob Jensen's threads on entitlements --- http://faculty.trinity.edu/rjensen/Entitlements.htm

Bob Jensen's health care messaging updates --- http://faculty.trinity.edu/rjensen/Health.htm

EDUCAUSE:  2017 Student and Faculty Technology Research Studies ---

This hub provides findings from the 2017 student and faculty studies in the EDUCAUSE Technology Research in the Academic Community research series. ECAR collaborated with 157 institutions to collect responses from 13,451 faculty respondents across 7 countries about their technology experiences. ECAR also collaborated with 124 institutions to collect responses from 43,559 undergraduate students across 10 countries about their technology experiences.

This research explores technology ownership, use patterns, and expectations as they relate to the student experience. Colleges and universities use these findings to better engage students in the learning process, improve IT services, plan for technology shifts that impact students, and become more technologically competitive among peer institutions.

Bob Jensen's threads on education technology ---

Socratic Artificial Intelligence Is Changing The Face Of Legal Knowledge ---

University of Akron:  The schedule is unique to universities in the area, as it will enable most students to focus on classes Monday through Thursday and then participate in practical, career-focused experiences on Friday ---

Chatbot --- https://en.wikipedia.org/wiki/Chatbot

A Stanford researcher is pioneering a dramatic shift in how we treat depression — and you can try her new chatbot app right now

Woebot is a free therapy chatbot that launched as a stand-alone app in January.

Alison Darcy, a clinical psychologist at Stanford University, created it.

Woebot uses one of the most well-researched approaches to treating depression, cognitive behavioral therapy, to deliver scripted responses to users.

It's part of a growing trend of incorporating smartphone apps into therapy.

50 must-have tech accessories under $50 ---

Jensen Comment
I can do without most of these "accessories," although some like external hard drives I could not live without. I prefer Western Digital drives and back up files on different drives. I'm so used to an ergonomic keyboard that I really hate flat keyboards.

I wonder if there are "luggage" trackers that do not have subscription fees? Erika is always losing things in our basement --- which is the closest thing to having Walmart on our country road. It would be nice if these trackers were smaller for things like spectacles and car keys (yeah I know there are keychain trackers that work somewhat when you make noise).

Four things my old MacBook Pro can do better than my newer model ---

Sneaky:  TurboTax Does It Again With Deceptive Marketing

Schedules D and E --- https://en.wikipedia.org/wiki/IRS_tax_forms#Schedule_D

TurboTax Deluxe 2017 ($39.86 disc at Amazon) supposedly did it again by sneakily not fully supporting Schedules D & E according to the following comments on Amazon
For some reason the download version is $10 higher in price from Amazon, which does not make much sense to me. I prefer to buy the disc and store it with my tax records each year. You can always download any updates for free after you install the disc.
One reviewer at Amazon says he got a $10 credit by complaining about this to Amazon.
You can get the download version for $39.99 directly from Intuit.

Here's an important comment on Amazon:

Intuit's TurboTax did it again.
They dropped the schedule D from the Deluxe version which makes that version useless to those of us that have investments. The Deluxe version handled investments in the 2016 version, but they excluded it this year. The manufacturer is short changing buyers again!!! Avoid them.

Another Amazon reviewer writes the following:

I had an iMessage conversation with a Turbotax representative regarding the Sch. D and E issue. Their response was that while the forms are on the Deluxe version, you have to fill out each form individually as Deluxe doesn't support the interview process. Additionally, and more importantly, filling out the forms individually prevents you from e-filing your return."

The bottom line is that you if you have Schedule D investments and want TurboTax you should move up to at least TurboTax Premium ($52) if you want to choose TurboTax.
For some reason the download is $69.86 from Amazon as opposed to $52 for the disc, which does not make much sense to me.  I prefer to buy the disc and store it with my tax records each year.

The H&R Block TaxCut Premium Amazon price is $44.99 to download so it's cheaper than the $69.86 download version of TurboTax.
For some reason the disc version of Premium TaxCut is not available this morning from Amazon.
The price is $55 (plus shipping) from Walmart online for the TaxCut Premium disc version ---
Interestingly, in our nearby Walmart the H&R Block TaxCut discs (Basic versus Deluxe versus Premium) are available on the shelves but none of the TurboTax products are available onsite, at least not yet.

The H&R TaxCut option is $34.97 (plus shipping) on disc from Walmart online ---
Interestingly, the Deluxe version of TaxCut will do Schedule D investments whereas TurboTax Deluxe will not do Schedule D investments.
If you have rental properties, however, it's best to move up to the Premium version of TaxCut.

Before buying TaxCut make note the product comparisons at

In past years I've alternated between TurboTax and H&R Block TaxCut and found them to be equally easy to use and equally accurate. Both will read each other's returns.

I protest the renewed deceptive marketing practices of TurboTax. Note how the lack of Schedule D preparation for investments is not mentioned at
Given the 2015 uproar when Schedule D preparation was dropped from TurboTax Deluxe and its inclusion in 2016, I'm amazed that TurboTax has once again turned to sneaky marketing for the 2017 version of TurboTax Deluxe.

Since I have to go to Walmart today (about 10 miles from our cottage) I will just pick up my disc version of TaxCut Deluxe for $34.97. I won't touch 2017 TurboTax Deluxe since I need Schedule D preparation in my tax returns.

I do not own rental properties that would drive me up to the Premium version of TaxCut.

Phony Tax Refund
Received a fake Treasury check in the mail today with no letter or anything to indicate as to why it was sent. Didn't put my name correctly per the government records (missed a little tidbit I won't mention here). When people cash these checks, the check is returned to whoever sent it per the routing info with your endorsement signature and your account number. Don't fall for it.

Jensen Comment
Purportedly some people are receiving these "checks" even before filing their taxes. It's not clear to me how this scam works but if you don't know why you're entitled to the check it's best to not try to cash it.

Remember if you do lose money on this scam that your bank is probably obligated to make good on payments from your account that you did not authorize. But don't take unnecessary chances.

In another scam, that the IRS is warning loudly about in the media, scammers are telephoning warning that you must immediately send money per instructions or sheriffs deputies will show up at your doorstep. Remember that the IRS never telephones or sends emails demanding payments. The IRS sends first class letters, and later if you phone a legitimate IRS telephone number an agent may explain why you owe back taxes.

When you get a call from a supposed IRS agent hang up immediately! Only talk to an IRS agent after you placed the phone number at a listed number of the IRS such as telephone numbers given at
Only make checks out to the U.S. Treasury and  mail payments to an IRS address listed at

Michigan State University:  When Is a President Accountable for What She Didn't Know?

Jensen Comment
How often do parents whisper?
"Don't tell me;  I don't want to know."

I don't want to comment on the MSU case and the MSU President's resignation because I don't know enough about specifics in this instance, especially specifics about internal rumors over the years.

But I do want to emphasize that corporate CEOs and auditors can be and sometimes are held accountable for both errors and/or frauds in financial reporting about which they knew absolutely zero. They are accountable if they did not install and implement internal controls needed to detect and/or prevent egregious errors and frauds.

Sarbanes-Oxley Act of 2002 --- https://en.wikipedia.org/wiki/Sarbanes–Oxley_Act

Following the monumental financial reporting scandals of Enron, WorldCom, etc., etc., etc., the SOX Act of 2002 was passed that had a momentous Section 404 clause that greatly impacted business corporations and their external auditing firms.

The most contentious aspect of SOX is Section 404, which requires management and the external auditor to report on the adequacy of the company's internal control on financial reporting (ICFR). This is the most costly aspect of the legislation for companies to implement, as documenting and testing important financial manual and automated controls requires enormous effort.[38]

Under Section 404 of the Act, management is required to produce an "internal control report" as part of each annual Exchange Act report. See 15 U.S.C. § 7262. The report must affirm "the responsibility of management for establishing and maintaining an adequate internal control structure and procedures for financial reporting". 15 U.S.C. § 7262(a). The report must also "contain an assessment, as of the end of the most recent fiscal year of the Company, of the effectiveness of the internal control structure and procedures of the issuer for financial reporting". To do this, managers are generally adopting an internal control framework such as that described in COSO.

To help alleviate the high costs of compliance, guidance and practice have continued to evolve. The Public Company Accounting Oversight Board (PCAOB) approved Auditing Standard No. 5 for public accounting firms on July 25, 2007.[39] This standard superseded Auditing Standard No. 2, the initial guidance provided in 2004. The SEC also released its interpretive guidance [40] on June 27, 2007. It is generally consistent with the PCAOB's guidance, but intended to provide guidance for management. Both management and the external auditor are responsible for performing their assessment in the context of a top-down risk assessment, which requires management to base both the scope of its assessment and evidence gathered on risk. This gives management wider discretion in its assessment approach. These two standards together require management to:

·         Assess both the design and operating effectiveness of selected internal controls related to significant accounts and relevant assertions, in the context of material misstatement risks;

·         Understand the flow of transactions, including IT aspects, in sufficient detail to identify points at which a misstatement could arise;

·         Evaluate company-level (entity-level) controls, which correspond to the components of the COSO framework;

·         Perform a fraud risk assessment;

·         Evaluate controls designed to prevent or detect fraud, including management override of controls;

·         Evaluate controls over the period-end financial reporting process;

·         Scale the assessment based on the size and complexity of the company;

·         Rely on management's work based on factors such as competency, objectivity, and risk;

·         Conclude on the adequacy of internal control over financial reporting.

SOX 404 compliance costs represent a tax on inefficiency, encouraging companies to centralize and automate their financial reporting systems. This is apparent in the comparative costs of companies with decentralized operations and systems, versus those with centralized, more efficient systems. For example, the 2007 Financial Executives International (FEI) survey indicated average compliance costs for decentralized companies were $1.9 million, while centralized company costs were $1.3 million.[41] Costs of evaluating manual control procedures are dramatically reduced through automation.

Added Jensen Comment
Similarly, publishers are increasingly accountable for plagiarisms about which they knew absolutely zero. They are responsible these days for making conduction tests for plagiarism before publishing articles and books.

Universities and research labs are increasingly accountable for designing and implementing internal controls to detect and prevent misuse of funding grants.

When Is a President Accountable for What She Didn't Know?

The answer is that the President is accountable for not designing internal controls to detect and prevent illegal acts.

The courts do take into account that that perfection is usually impossible for any set of internal controls, but the ultimate test in court is whether the CEO was negligent in designing and implementing reasonable controls in the circumstances and whether warnings were ignored.

By the way, SOX greatly increased the cost of annual audits of USA corporations. And studies show that much of this money was not wasted, although it's impossible to determine what frauds SOX prevented.

What makes SOX doubly important and costly is the lawsuit threat of having a company or its auditors fail to implement the Act itself.

How to Mislead With Statistics
International Student Numbers Decline ---

In November, Open Doors reported a 3.3 percent decline in new (as opposed to total) international students in the 2016-17 academic year and an overall flattening of growth.

A companion "snapshot" survey IIE conducted in association with other academic groups asked about 500 institutions about their international enrollments for the current academic year. Over all, the universities in the survey reported an average decline in new international enrollments of 7 percent. But the declines weren't being felt across the board: while 45 percent of institutions responding to the snapshot survey reported declines in new international students, 31 percent reported increases and 24 percent reported no change.

Among the reasons university officials have given for the declines in international student enrollments are the political and social environment in the U.S., the high cost of U.S. higher education, visa denial and delays, increasing competition from other countries, and changes to other governments' scholarship programs, such as Saudi Arabia's.

Here are a few of the international enrollment-related highlights of the NSF report:


§  At the undergraduate level, the number of international students increased in computer sciences (11 percent) and mathematics (5 percent) and declined in engineering (-5 percent), social sciences (-3 percent) and nonscience and engineering fields (-4 percent), from 2016 to 2017.

§  The top five countries sending international science and engineering undergraduates to the U.S. in fall 2017 were China, Saudi Arabia, India, South Korea and Kuwait. From fall 2016 to 2017, the number of undergraduates studying science and engineering increased from China (3 percent), India (11 percent) and Kuwait (4 percent), while the number decreased from Saudi Arabia (-18 percent) and South Korea (-7 percent).

§  At the graduate level, the number of international students decreased in the computer sciences (-12.9 percent) and engineering (-7.6 percent) between fall 2016 and fall 2017. The number of international students increased in mathematics (by 14.6 percent),and remained fairly stable in other science and engineering fields.



The top countries sending international science and engineering graduate students to the U.S. were China and India -- which together account for 69 percent of all international graduate students in science and engineering fields -- followed by Iran, South Korea, Saudi Arabia and Taiwan. From 2016 to 2017 the number of graduate science and engineering students increased from China (4 percent) and Taiwan (5 percent), and decreased from India (-19 percent), Saudi Arabia (-11 percent), Iran (-1 percent) and South Korea (-1 percent).

Jensen Comment
What is misleading is that students seeking to come to the USA because of the election of Donald Trump would've had to make a decision to avoid the USA before Donald Trump became President of the USA. In other words they would've had to make their Visa applications out at a time when virtually all election polls predicted a landslide win by Hillary Clinton.

This is pointed out in comments to following the above article where one commenter writes:

 Are these declining international students clairvoyant?
In addition, fears that the current trend "could have negative implications for U.S. competitiveness and the health of American graduate science and engineering programs" seems exceptionally out of place when overall, enrollments are declining so international enrollments should, too. Taxpayer subsidized education at state flagships and NSF funded research opportunities should go to our U.S. students/graduates first. Maybe, this can be described better. Due to our reliance on cheap OPT labor, we are worried that the massive number of STEM OPT F-1's will become more statistically obvious during massive declines in other international student enrollments and funders at the NSF are attempting to ensure cheap labor in labs and research facilities, while not driving up indirect costs, by conducting a study that creates fear when there is none-STEM OPT F-1s are cheap and here to stay. We will still get F-1s from India and China to our better state flagship universities and U.S. gradutes will be left with student loans and angst over their choices. Thank goodness for this pipeline of life-saving STEM international students, now how much are we saving on FICA and health insurance? My Baby Boomer pension doesn't jive with working in my own lab, I need some OPTs and I don't expect them to pay into my Social Security, that is for American students/graduates!

But the media pounces on the decline as mostly the fault of having Donald Trump become President of the USA in 2017.

Having said this, our current USA President ant the current turmoil in citizenship prospects for students coming to the USA at the moment does not bode well for reversing the declining trend in international student applications that commenced before Trump was elected.

An interesting statistic to follow in the future will be how many new foreign students in Canadian universities eventually seek to come to the USA for employment (and citizenship).

Stewardship in the "Age of Algorithms" ---

In all, some 1.4 million Americans will lose their jobs to technological change in the next eight years, including 70 percent whose job type will just disappear ---

CGMA:  Global Management Accounting Principles ---

Using algorithms to fight supply-chain fraud:   More companies are turning to data analytics to detect supply chain fraud ---

Faculty Salaries And The Extraordinary Cost Of Research At A Top 25 Law Schools ---

"NY Times: A Majority Of Law Schools Are Scamming Students And Taxpayers," by Paul Caron, TaxProf Blog, October 25, 2015 ---

Bob Jensen's threads on law school controversies ---

Seton Hall was one of the schools that I identified that had a large disparity in the quality of their full-time and part-time classes (Seton Hall has a weekend program for part-time students) ---

Jensen Comment
Given other time commitments (full-time jobs, parenting, etc.) a bigger problem is academic performance of part-time students.

Student Loans in the USA Are at $1.4+ Trillion --- https://en.wikipedia.org/wiki/Student_loans_in_the_United_States
Unlike most consumer debt, borrowers cannot shed student loan debt by declaring personal bankruptcy. You can imagine what would happen if bankruptcy was an option.

Who Has the Most Student Debt? The Wealthiest, a New Analysis Finds ---

. . .

In an analysis, two researchers used the results of a recently released federal survey to conclude that households in the top quartile of income distribution in 2016 — those making more than $81,140 a year — held roughly half of the outstanding student debt. And the top 10 percent of households by income held almost a quarter of that debt. “As you might expect, those who earn more owe more,” write the researchers, Sandy Baum and Victoria Lee. But those who earn more — many of whom would earn less if not for their college degrees — are less likely to default or have trouble paying back their loans. Focusing on “who owes the most,” the researchers write, may be counterproductive. “The concentration of education debt among the relatively affluent means that some policies designed to reduce the burden of education debt are actually regressive,” Ms. Baum and Ms. Lee wrote. “Focusing on lowering the interest rate on all outstanding student debt or on forgiving large amounts of that debt would bestow significant benefits on relatively well-off people.”

Jensen Comment
One of our granddaughters has well over $100,000 amassed in student loans, but five years ago her starting salary was $125,000 after obtaining a pharmacy Ph.D. It will take her a very long time to pay off this debt, but as a licensed pharmacist the burden is manageable. If she was unemployed physics graduate or teaching kindergarten at $37,000 in a rural community that debt would be much more of a hurdle, possibly for most of her life. It pays to look ahead by discipline when you borrow, taking into account employment opportunities. Some fields have miserable employment opportunities without further investment in graduate studies, and then employment is not guaranteed even for MBA or law school graduates.

As a licensed pharmacist you really don't need a Ph.D. unless you want to go into higher education and going into higher education would lower Hilary's income needed to pay off her debt.

Wanting to be a full-time parent is not an option when combined debt of the both parents cannot be covered by one income.

Apple's now free to bring home its overseas cash — here's what it might do with it ---

Time Magazine:  The 9 Absolute Weirdest Gadgets We Saw at CES This Year ---

CFOs share some of their favorite gadgets and apps ---

Waze App



Garmin Watch

Apple Watch

Dashlane App

Apple Ipod

Camera App

The New York times:  How Technology is Changing (and isn't Changing) Our Reading Habits ---

America's Most Hated Companies (also at the same time highly loved by significant numbers of people) ---
The London Time Machine: Interactive Map Lets You Compare Modern London, to the London Shortly After the Great Fire of 1666 ---

1. Equifax (most hated largely because of the awful way it handled an enormous data breach of personal information about people who aren't even customers but it is loved by many buyers and sellers)

2. Fox Entertainment (divided between liberal haters and conservative lovers with millions on both sides of the dial)

3. NFL (hated because of handling of head injury knowledge and anthem kneeling but still loved by millions of fans)

4. University of Phoenix (hated for misleading advertising and financial aid practices but still loved by millions of graduates like one of our sons who graduated in accounting from U of P in Sacramento)

5. Continued at http://247wallst.com/special-report/2018/01/22/americas-most-hated-companies-5/5/

Jensen Comment
My main point is that being most loved can also be reported as being most loved depending on who you ask. When it narrows down to politics, the USA is almost equally divided between liberal and conservative residents, although states like California and Wyoming are not equally divided within.

Some media outlets are more respected than others the way the New York Times, WaPO, and WSJ are more respected by many more people on both sides of the aisle than Fox News and MSNBC that egregiously cherry pick what is reported and how it's reported. A good example is the reporting how the new tax law impacts the middle class. The New York Times op eds lambasted the new tax law but the NYT itself accurately reported the middle class impacts in a more useful way than the WSJ ---
The New York Times Interactive Tax Calculator

Some networks try to please opposing sides with varied outlets such as MSNBC versus CNBC both owned by NBC.

Indirectly "hate" can translate into intangible accounting and auditing issues such as when hate translates into business performance and financial risk with customer boycotts, loss of advertisers, threats of new regulations, pending lawsuits, etc.

MIT’s New Master’s Program (onsite and not free) Admits Students Without College and High School Degrees … and Helps Solve the World’s Most Pressing Problems ---

Jensen Comment
The program is making a global outreach to attract promising students from virtually everywhere in the world. Language barriers must be huge for some unless they are fluent in English.

What is not clear is the rigor of this program in terms of academic standards. One purpose seems to be to identify students with great promise who can move into more rigorous MIT programs.

Only a prestigious university like MIT can probably pull this off.

Obviously there are some of the "world's most pressing problems" that require some technical background. Probably the most significant economic development problem in the world is corruption in interactions between the public and private sectors. Is there an African or Latin American  nation where corruption is not a barrier to outside investors? Seemingly, understanding the intricacies of fraud and corruption and laws pertaining to such corruption requires more technical background (think of the frauds taking place in Cryptocurrencies at the moment). In other words, I don't see how this can be more of a color book program identifying issues rather than preparing students to go deeply into issues.

This program is a real test of whether minimal standards in core knowledge (think math, law, history, economics, technology, behavioral science, etc.) are not prerequisites for graduate studies about the "world's most pressing problems."

I think much success of this program depends upon de facto admission standards.

National Debate Coaches Open Evidence Project ---
Thank you Scott Bonacker for this link

Foreign Aid?
Hackers stole $172B from people in 2017 ---

Jensen Comment
It really becomes a type of foreign aid such as when the USA offsets its sanctions against Russia and North Korea with its loose tech security that gives aid and comfort to Russia and North Korea.

What the USA gives Nigeria in foreign aid is not what the USA gives Nigeria in total.

Tear Down That Paywall: The Movement to Make Ocean Research Free for All ---

State Grades on K-12 Education: Map and Rankings ---
Drag your mouse over any state for details.

Jensen Comment
Vermont, Massachusetts, and New Jersey are top ranking with high sales and income taxes. New Hampshire is high ranking with low taxes (no sales or income taxes). Go figure!
All the top five states and most other USA states fund schools heavily with property taxes.
There's more to school performance than high salaries. High ranking Vermont and New Hampshire have relatively low teacher salaries compared with many parts of the USA.
Having high rates of two-parent homes seems to help schools a lot, but large cities in New Jersey are not noted for two-parent households. Go figure!

Nation's K-12 Schools Stuck in 'Average' Range on Annual Report Card  ---

The creepiest urban legend from every state ---

Form a definitional standpoint is there a difference between an " urban legend" and "fake news?"

The (London) Times;  In the United Kingdom White-collar criminals are acting with impunity with fewer than ten prosecutions for insider trading in the past five years, an investigation has found ---

Bob Jensen's threads on how white collar crime pays even if it's certain you will be caught ---

In 2017 how many of the 17.2 million cars and trucks sold were electric vehicles?

The 20 best-selling cars and trucks in America ---

About 17.2 million cars and trucks were sold in the US last year, according to Kelly Blue Book. 

The top-selling vehicle was Ford's F-Series. (followed by The Chevrolet Silverado and RAM trucks in second and third places, proving how America loves gas-guzling pickup trucks)

The best-selling SUV was the Toyota Rav 4. (followed by the Nissan Rogue in fifth place)

And the most popular sedan was the Toyota Camry, though its sales dropped from 2016. 

Americans continue to favor SUVs and trucks over sedans.

Jensen Comment
Among the 17.2 million car and truck sales were 105,963 sales of electric vehicles in 2017, up from 2016 sales of 75,815 vehicles (mostly sedans) ---
Virtually all automobile manufacturers, however, are betting heavily on an explosion in electric vehicle sales in the next decade. This includes Ford's announced $11 billion investment in 2018.

Given America's love affair with pickup trucks and SUVs, Tesla and GM perhaps should've started with trucks and SUVs rather than sedans in the USA.

Nearly all electric vehicle owners in the USA also own petroleum-powered vehicles as well. Electric vehicle government price subsidies are aimed at higher income buyers.

The market for electric vehicles is better in Europe where petroleum prices are much higher and average trip distances are shorter relative to the USA.
Also having 240 volts or so standard in home garages in Europe reduces electric vehicle charging times (of course USA homes can get 220v by rewiring garages) ---

120V*12A*3/1000-1 = 3.3 mph or about 3 mph
240V*40A*3/1000-1 = 27.8 mph or about 28 mph
208V*40A*3/1000-1 = 23.0 mph or about 23 mph

Popular Mechanics
How far will you be able to drive in your base-model $35,000 Model 3?
No numbers from the EPA yet, but Tesla said the non-Long Range version would have just 220 miles of range.


New evidence reportedly puts North Korean hackers behind a list of high-stakes bitcoin heists ---

The debate about whether replication studies should become mainstream is essentially driven by disagreements about their costs and benefits ---

Jensen Comment
In academic accountancy journal editors seemingly find little benefit in replication studies since they won't encourage replication studies by mentioning them in their journals if they are only replications ---
Is this because accounting researchers have more integrity or is it because accounting research is not valued as highly as scientific research?

Tennessee's Haircut Cops Bust Barbers Who Lack High School Diplomas ---

MIT: I Rode in a Car in Las Vegas. Its Driver Was in Silicon Valley ---

When you need a story about getting back on your feet and trying again and again and again
Bonny Simi: Navigating from Olympian to Pilot (United Airlines Captain) to Venture Capitalist

. . .

Being surrounded by Olympians for a few weeks inspired her to think about returning in four years, this time as a competitor. While the easiest route for Simi might have been to graduate on time and enter the workforce, she instead signed up for a beginner’s luge class to learn a sport that sends racers on thin sleds down a twisting track.

She took a break from school to fly to Germany and train with the German national team, which was ranked best in the world at the time. In those early training sessions, she crashed 52 times in a row. “I had the confidence, and I wasn’t going to leave,” Simi says. “And because of that confidence, they kept coaching me. By the time I finished, I came back and became the best [luger] in the U.S.”

Continued in Article

Although proponents of making the SAT optional hoped it would expand college access for low-income and minority students, research shows that hasn't happened ---

Jensen Comment
Possibly sample selection bias distorted the outcomes. The sampled "selective liberal arts colleges" perhaps are not reflective of the population of the many colleges and universities in the USA. Many top student  applicants want preparation for the professions (think nursing, pharmacy, engineering, and accounting). Predominantly black institutions like Florida A&M attract business students with internship programs in some of the most prestigious business firms in the world. Liberal arts colleges may not be competing well in areas of professional studies and internships.

There are many factors that affect choice of a college, including financial aid tuition pricing, room and board pricing, distance from home, day care services, etc. Some colleges are finding success with special accommodations for single parents, but these experiments are still limited in number. One huge problem with low-income and minority students is that they often become parents before finishing high school.

An even bigger problem is that a higher proportion of low-income and minority students across the USA graduate from inferior high schools that aren't competitive in preparation for rigors of college. Colleges might attract more low-income and minority students if they had better college preparation offerings accompanied by generous financial aid for more than four years of undergraduate study.

Yahoo Finance has a plan to become the Uber of saving money ---

The payoff from a master’s degree varies vastly by field of study.
Census Bureau data for 2009 shows that for social science majors, the master’s degree earnings advantage was less than $100 monthly, but it was more than $3,000 monthly in business administration

. . .

This study shows the dangers of looking at broad aggregate statistics. The field of study typically is as important in determining earnings as the level of degree earned, and labor market location importantly matters as well. Additionally, there are important gender differences. While on average the payoff to earning a master’s declined for men after 2005, it rose significantly for women.

Continued in article

Jensen Comment
Geography is also a factor. In states that do not have large cities (think New Hampshire and Vermont) jobs for those high paying masters degrees just aren't available like they are in New York and Massachusetts.

This study may be biased by ignoring graduates with masters degrees who could not even find jobs in their discipline. This includes philosophy majors still flipping burgers and business graduates like our son in California who got his degree in business but could not find a job paying better than his union job as a diesel mechanic. His wife got her degree in criminology but could not find a job in that field other than being a 911 operator. They restricted themselves, however, by not wanting to move their four children to a large city.

Shortly before joining the faculty at Trinity University in 1982 I discovered that this relatively high-endowment university had dropped over 20 masters programs and retained only the MBA program, an urban studies masters program, a health care administration masters program, and a several masters degrees in education. Subsequently it dropped the urban studies masters program and the MBA program but added a masters of science in accounting program after Texas (along with other USA states) required 150 hours to sit for the CPA examination. My point here is that Trinity saw the handwriting on the wall for the 20+ masters programs it dropped. In most of the sciences students that go to graduate school now enter doctoral programs rather than masters programs. In humanities masters degrees were not significantly helping students find jobs.

Automation Takes Over Food Packaging, Sales, and Delivery to Cars or Homes or Tables or Bed

Amazon is opening its first cashier-less retail store in Seattle ---

China:  Wheelys tests a 24-hour store run entirely by technology (no workers whatsoever) ---
Jensen Comment
I doubt that any retail stores that are more than glorified vending machines can operate without security guards. Of course in a mall security could patrol multiple stores while video cameras observe every move of customers inside stores.

Online Sales Order Filling Store in England
Ocado claims that its 350,000-square-foot warehouse (with lots of perishable frozen foods) ...  is more heavily automated than Amazon’s warehouse facilities.
Once an order is packed, it’s hauled off in a large truck and taken to a distribution center to be quickly loaded into a delivery van.


Autonomous, self-driving, grocery vans are making deliveries in London ---

Automated Restaurant --- https://en.wikipedia.org/wiki/Automated_restaurant

Forbes:  Restaurants Look To Automation To Cut Labor, But Will Consumers Buy What The Drone Is Serving?

Remember that new, fully-automated restaurant? Um, about that…

Jensen Comment
I don't know about automated restaurants, but I still think there's a market for neighborhood convenience stores (think Seven Eleven) that are expanded in size to store groceries and other items (including cooler and frozen items) shipped from larger supermarkets. On the way home from work nearby residents will pick up, for a small fee, the items they've previously ordered by computer or phone to be delivered to their closest convenience stores. Fewer and fewer shoppers will have to take the time and trouble to physically shop in giant supermarkets. Shoppers might even order from their homes and apartments and then make only a short trip to pick up a carload of items ordered from superstores (that contain much more than just groceries). Think Super Walmart with a network of Seven Eleven distribution centers!

UPS and Fed Ex will love it because instead of doorstep delivery (where packages are often stolen) their drivers can merely deliver to the Seven Eleven convenience stores that hold the items for you to pick up along with your bacon and blue berries from a Super Walmart or Safeway.

The convenience store warehouses could have drive through designs so that robots load the back of your self-driving car while you're home in bed. And your home robot can unload the car, cook the food, and bring you breakfast in bed.

This all works great unless you were a recently laid off cashier at Walmart or Safeway.

How to Mislead With Statistics
100 Best Places to Live in the USA


Jensen Comment
The first clue to misleading statistics is the relatively high number of towns in California that make the Top 100 when town costs (think housing) is a criterion in this ranking. This suggests to me that state costs (think state income taxes, sales taxes, gasoline costs, etc. are were left out of the ranking criteria. You cannot live in a town and be shielded from the high costs of living in the state that contains the town. California is among the Top 5 states in terms of living costs. Towns in other high cost states are included in the rankings.

Of course the rankings in this study were not confined to living costs. There were other considerations such as quality of schools. That, in turn, leads to a bias in town size since larger towns and cities tend to have more troubled public schools (think gangs) and living costs that often drive the best teachers to smaller towns.

The "test place" to live for a given person varies greatly for things not considered in this article. For example, San Antonio (an nearby towns) are extremely popular places to live for retired veterans of the military. This is largely because those retire folks get access to great military hospitals, include medical command hospital at Fort Sam Houston and a big VA hospital. Also there are other benefits such as tax free shopping at base exchanges, base golf courses, military clubs, and most of all ---  a a social community of tens of thousands of military retirees who have already located in the San Antonio area.

There are of course many other "best place" criteria for certain individuals. Some people like me love winter; others hate it. Some people like me hate heat and humidity; others have a higher tolerance for South Florida and South Texas.

Chronicle of Higher Education

The above ranking seems to ignore employment opportunity and wage levels as a criteria for choosing a place to live. Professionals like accountants, attorneys, and physicians often face lower opportunities and revenues in smaller communities, especially very rural communities. Blue collar workers certainly face few job opportunities and wage rates.

A Dying Town:   Here in a corner of Missouri and across America, the lack of a college education has become a public-health crisis ---

Drive 90 miles north on Interstate 55 from Memphis, then 20 miles west on Route 412, cutting through seemingly endless fields of cotton, rice, and soybeans. You’ll know you’ve arrived when you see the sign: Welcome to Kennett. Hometown of Sheryl Crow.

This small town in southeastern Missouri used to greet visitors with a different motto: "Service. Industry. Agriculture." But the machine-parts-maker closed and the trailer manufacturer left and the aluminum smelter went under. There’s not nearly as much industry around here as there used to be. Sheryl Crow’s Grammys aren’t going anywhere.

Route 412 becomes First Street, and downtown opens up with a McDonald’s to your left and a Burger King to your right. There are just two grocery stores in town, but fast-food restaurants are everywhere. It’s easier to find a pharmacy than a salad bar.

Outside the row of medical offices that border the hospital, people pause for one last smoke. Mr. Chan’s still sells doughnuts and kolaches, and Riggs Supply is, somehow, holding on, but there are many boarded-up storefronts along First Street these days. Down the road, a branch of the local college offers programs in education, criminal justice, and agribusiness. College-going isn’t so common, though. In this area, just one adult in 10 has a four-year degree.

Recently the town tried to revitalize the area around the old county courthouse. It added new streetlights and redid the sidewalks. But few people use them.

This is the Missouri Bootheel. The counties around here are called that because if you squint at a map, it kind of looks like the heel of a boot, jutting south from the rest of the state into Arkansas and Tennessee. The name comes from its shape, but it’s something of a metaphor, too. It can sometimes seem like life is trying to grind people down.

It’s a place, one of many in America, where disadvantages pile up. Researchers are uncovering links between education — or lack of it — and health, and they don’t like what they see. It’s not clear whether a college degree leads directly to better health, or, if so, how. But the findings are alarming: Educational disparities and economic malaise and lack of opportunity are making people like those in the Bootheel sick. And maybe even killing them.

Continued in article

Jensen Comment
We seem to be reverting to small towns without medical services. In Swea City, Iowa in the early 1900s there were no doctors, dentists, or even local law enforcement in my Grandmother Dourte's home town. She had all her teeth pulled at one time by a traveling dentist and watched her oldest son die upstairs from pneumonia and her young daughter die on from a burst appendix. Most babies were born inside homes with local midwives in attendance. Going off to college was infrequent in these small towns. Today in this town most residents are retired farmers --- there are not many high school graduates to go college, and those that do go to college usually don't return to their small home towns.

he New Yorker Writes About a "Small" Iowa Town:  Leave or Stay
In a small town in Iowa where the American dream lives on, residents wonder whether to resolve conflicts or fulfill their longings by moving away or staying put ---

Note that Orange City featured in this is a relatively large Iowa town in a state filled with towns having less than 1,000 residents. There were many "thriving" Iowa towns back in the days when they were surrounded by small family farms of 80-160 acres. When I grew up in the 1950s on both a farm and later in town farmers did not have to invest heavily in equipment, and most farmers were still supplementing a small tractor with horses and mules. At harvest time threshing machines moved from farm to farm, thereby making it unnecessary for every farmer to own a threshing machine. Now making a living on 240 acres is a marginal operation given the nearly $2 million needed for enormous tractors, combines, sprayers. planters, tanks, etc. There's no profit in raising a few cows, sheep, chickens, and turkeys that are now raised in enormous containment feeding operations holding thousands or tens of thousands of animals.

When the families sold off their small farms to bigger farms there were fewer and fewer customers shopping in small Iowa farm towns. Many downtown stores were boarded up or torn down and town schools closed to become part of every larger school districts covering multiple towns. Jobs dried up in the small towns such that residents that wanted to stay either could not find and work or could only find part-time work at minimum wage --- not a living wage for a family.

One of the things that shocked me is that there was almost no market for the big two-story house my grandfather built in Swea City around 1900. The oak-paneled house had four bedrooms plus a den along with a living room, dining room, big kitchen, and den. When I returned for a visit to Swea City in the 1960s this well-maintained house with a big porch could be purchased for less than $10,000. In Des Moines such a house would be priced at well over $100,000. The thing is that Des Moines has a viable economy with over 200,000 residents and many career opportunities to work in town. Swea City has around 500 residents, most of whom are retired farmers who choose living in Swea City because of the cheap housing. But they have to drive over 30 miles to larger towns for shopping since the grocery stores, the clothing stores, the hardware stores, the drug stores, etc. are now boarded over in Swea City. There are very few jobs available today in Swea City, Iowa.

What caused the demise of small Iowa towns like Swea City?
 Firstly, it was the demise of the small family farms that used to surround the towns with a customer base. Second, it was the change in professional services where professionals like physicians and lawyers now prefer to no longer be sole-practitioners serving a small community. Now professionals prefer to be in medical clinics and multiple-partner law firms located in larger towns and serving smaller communities from a distance. What medical school graduate or law school graduate wants to set up a one-person practice in Swea City, Iowa? Thirdly, it was changing roads and vehicles. In the 1960s Iowa knocked the curbs off its narrow highways and straitened out the sharp curves such that the trip from Swea to the larger Algona now takes about 30 minutes for shopping rather than upwards of an hour that it used to take in the 1930s. Plus in the 1930s drivers sometimes had to stop once or twice to put patches on inner tubes of flat tires. In the 21st Century it's relatively rare to have a flat tire driving from Swea City to Algona.

The economic sacrifice made to raise a family in a small Iowa town is negatively correlated with the size of the town coupled with other factors such as having an area college and hospital in the town and commuting distance to a larger town for jobs. Orange City featured in the above article has over 6,000 residents making it a relatively large Iowa town. But it's also remotely located such that not many residents want to commute elsewhere for jobs. That makes the above article somewhat interesting since there are some economic opportunities in Orange City for those who want to remain and raise their families in Orange City.

Higher Education:  "Anemic" State Funding Growth (see the map of states)

Jensen Comment
Some states like California and Rhode Island showing high funding growth for education are themselves on the verge of bankruptcy. Governor Brown in California is now begging the courts to allow the state to reduce pensions of retired state workers. Rhode Island does not know how it can possibly continue to support its pension system and yet it's generously supporting higher education.

My point is that states growing in support of higher education are also states noted for lousy fiscal management of state finances.

Muni (tax-exempt interest) Bond --- https://en.wikipedia.org/wiki/Municipal_bond

That said, the U.S. municipal bond market is unique for its size, liquidity, legal and tax structure and bankruptcy protection afforded by the U.S. Constitution.

If USA tax-exempt bonds (e.g., municipal bonds often called munis) are not tax exempt in Europe why are European investors attracted to them for some reason other than tax exemption that attracts USA investors?

European Insurers Find Yield in U.S. Municipal (Muni) Bond Market ---

Jensen Comment
I found the monthly after-tax cash flow returns on my long-term Vanguard tax free mutual fund to be a great thing after the USA economy and interest rates crashed in 2006. The economy recovered, but interest rates available to investors from things like bank CDs and corporate bonds are still miserable compared to monthly after-tax returns on my muni investments.

Investors like me into munis for the monthly after-tax cash yields and savings liquidity should not be upset by ups and downs in investment value that takes place in muni bond markets. I do not intend to sell 99+% of my muni investments and am, therefore, not so concerned about transitory ups and downs in market values of my muni fund shares. For me my muni investments are long-term rainy day investments and will be sold only in unlikely emergencies. I'm willing to take the value gains or eat the value losses at the time of such unlikely emergencies.

Note that I'm retired living on lifetime fixed-rate TIAA annuities and no longer, due to age, worry so much about inflation like I did decades ago when I was living on a salary and saving for retirement. In my working years I had almost all my savings in stocks and real estate (including an Iowa farm) that provided inflation protection. Munis do not protect well against long-term inflation even though they are great for tax savings and yield (with value risk). In retirement my muni investments are highly liquid funds that provide me with relatively high-yield monthly after-tax cash flows.

And I also like the fact that my muni investments are providing badly-needed funds for local governments and schools rather than paying the salaries and sex hush money of scoundrel elected officials in Washington DC.

Chronicle of Higher Education:  Ph.D.s Are Still Writing Poorly, Part 3 ---

. . .

In recent years, you have heard that you must prepare your thesis advisees for careers other than the cushy tenured jobs we enjoy. There’s no shame in joining the contingent labor force, though not much comfort or joy in it, either. Alt-ac has entered the lexicon.

Please mind the gap between hearing that message and adjusting the way you mentor advisees. At least make sure that when they leave academe, they do so with the ability to summarize complex ideas and arguments, to think with nuance and creativity, to analyze and interpret data, and to write good, clean sentences. Too many academics feel they must prove they’ve learned the secret handshake and arm themselves with polysyllabic Latinate prose to show they’re members of a club that is gaining numbers and losing ground. Tell them they don’t have to write like that.

What’s at stake here is more than the job prospects of your students — though that’s important enough. What’s at stake is the future of democracy.

You are allowing jargon-filled blather into the world and letting important research go unappreciated. By not insisting that your students learn to write well you are playing into the anti-intellectual hands of the car salesmen and property developers who get elected to state legislatures and even higher offices, and of the business-oriented parents who care only that their kids snag high-paying jobs right out of college.

When academic prose is more soporific than Ambien, and more headache-inducing than MSG, you give all of those skeptics further ammunition to talk about how state and federal funding of higher education is wasted.

You may say that you know all of that, that you’re already teaching your handfuls of students the importance of clear communication. That’s great, but it’s not enough. We need a cultural shift. You now have the power to make decisions about publishing, about expectations for conference presentations, about the way money is allocated. You need to step up. How?


Peer reviewers and journal editors: Take a stand on the quality of the prose you recommend for publication and ask for revisions until the language is clear — even "flowy."


Conference organizers: Require presenters to make their work available in advance of the meeting and use conference time to foster real discussion. Don’t allow scholars to stand up and read their papers aloud. We all know how to read.


Chairs: Create journal clubs and book groups in which faculty members and students study how good authors connect the prose with the passion. Foster the formation of writing groups.


Deans and provosts: Support teaching-and-learning centers that train scholars to express themselves more clearly, both in the classroom and in their writing. It can’t be only teaching assistants in composition who focus on writing instruction. Every professor in every discipline needs to make learning how to write clear prose a priority.


This is a moral issue at a time of profound change in higher education, when the very idea of expertise is under assault. We must not cede the conversation to know-nothing politicians who are putting everything we value at risk. The ecology of the academic world is no longer sustainable. We must adapt or face extinction.

I am not asking you to dumb down your students’ research or broaden the focus of esoteric and specialized topics that won’t, by their nature, ever be of interest to more than a handful of other scholars. I understand the value of doing work that is not accessible to a general audience. We still need that. But at the same time, we need a generation of scholars who can make arguments about why the production and dissemination of such knowledge is a democratic value we must fight to protect. We can do that only by using our words.

You are now, my old friends, the ones in power. Some of you have already been doing this good work through your professional organizations, arguing for changes in graduate education and working on behalf of non-tenure-track laborers. Keep that up, and include, in your reforms, a focus on writing.

It’s time to fix this mess, before it’s too late.

Rachel Toor is a professor of creative writing at Eastern Washington University’s writing program in Spokane. Her latest book, Write Your Way In: Crafting an Unforgettable College Admissions Essay, was recently published by the University of Chicago Press. Her website is Racheltoor.com.

Jensen Comment
One of the confounding factors here is living in a newer era of co-authoring of journal articles and books. Sometimes the bulk of the writing among three or more co-authors falls on the "co-author" who is the best writer, especially among co-authors for whom English is a second language. Rachel Toor does not go into this, but I think her position is that this using a co-author for most of the writing is a cop out among researchers and scholars in the academy. Firstly, in the Academy most researchers are also teachers and poor writing correlates heavily with poor speaking. Poor speaking and poorly written course notes are neither effective nor efficient for student learning. Secondly, a teacher who writes/speaks badly is also a bad role model for students.

The point is that teachers who write/speak poorly should double down on efforts to become better writers and speakers. Some things like avoiding jargon can be avoided with critical interactions between good writers and bad writers who have the will and the confidence to accept criticism.

And those of you who might accuse me of being the pot calling the kettle black here have a point since most of my writing these days, in retirement, is conversation writing in my listserv and blog tidbits. There's a trade-off that is frustrating. If I take the time to write better and better on-the-fly when writing my online comments I will contribute less and less to my audience, especially those readers who really look forward to my tidbits arising from my daily scanning of a vast amount of media. My readers have grown tolerant of my sometimes poor writing and careless mistakes that arise from not carefully proof reading before I hit the Send button. I think those are my readers who prefer a few mistakes to having fewer tidbits to read.

I wrote a lot more carefully in the days when I wrote books and journal articles. This, in part, was to avoid the embarrassment of critical comments from editors and referees about my writing. In this era of writing for listservs and blogs readers are critical of poor thinking and scholarship, but they are more tolerant of writing errors in on-the-fly conversation writing. Today my readers, unlike my editors, don't expect me to waste my time pouring over each paragraph for grammatical errors and writing perfection. Those contributors to conversations who do spend a great amount of time for writing perfection will contribute less to the listservs and blogs.

We seem to be in an era of two types of writing --- on-the-fly conversations and more formal articles and books. I like to think there's room for both in the academy.

And for those who wish I would contribute fewer tidbits --- what can I say? I helped you learn to hit the Delete button without looking down at the keyboard!

BBC Trending:  The (Almost) Complete History of Fake News ---

Jensen Comment
This article does not cover the much longer history of fake news in the financial media that dates back hundreds of years. Think of the 1720 South Sea Bubble fraud that cost Sir Isaac Newton over $3 million ---

How Isaac Newton Lost $3 Million Dollars in the “South Sea Bubble” of 1720: Even Geniuses Can’t Prevail Against the Machinations of the Markets ---

Reverse Phone Number Search ---

From the Scout Report on January 19, 2018

Feed43 --- https://feed43.com/
Feed43 is an online service to generate RSS feeds for websites that do not already provide them. With this in place, users can be notified of new content on these sites using standard news aggregators (like feedly, newsblur, etc). Users need not create an account on the Feed43 site in order to begin creating feeds. To create a feed, users must specify a URL to check and a series of patterns that describe what to extract from that URL. A detailed pattern reference and step-by-step feed creation tutorial are available in Feed43's Help section. Users who opt to register for an account will gain access to additional features like a "My Feeds" dashboard and the ability to export a list of feeds as an OPML file. Feed43's free service tier includes an unlimited number of feeds, but limits these feeds to the 20 most recent items and updates them every six hours. Paid plans are available that incorporate larger numbers of items and more frequent updates.

Cooking in the Archives --- https://rarecooking.com/
This blog combines two of our favorite things: history and culinary adventures. Originally featured in in 2016, Cooking in the Archives continues to be regularly updated with new recipes and historical tidbits. Cooking in the Archives, "sets out to find, cook, and discuss recipes from cookbooks produced between 1600 and 1800." The blog is one of two planned products of a project begun in 2014 by Alyssa Connell, Assistant Director of Leadership Communications at the University of Pennsylvania Museum of Archaeology and Anthropology, and Marissa Nicosia, Assistant Professor of English at Penn State Abington. Currently, there are about four dozen recipes on the blog, and in true scholarly fashion, most recipe posts are fully attributed and often include images of the original manuscript on which they are based. For example, the My Lady Chanworths recipe for jumballs (cookies) begins with an image and transcription of the original from LJS 165, a recipe book dated between 1690-1802, located in the Rare Book & Manuscript Library at University of Pennsylvania. This is followed by a modernized version of the recipe, with updated measurements and instructions, and process and finished images of the jumballs. The second product of the project is a "final feast where we will share the fruits of our research with our mentors and peers," although the date of this feast does not seem to appear as of yet on the blog.

Recently Excavated Eighteenth-Century Pottery to be Displayed at New York Ceramics and Glass Fair


Past and Present Merge at the New York Ceramics & Glass Fair

Long-Buried Colonial Pottery to Make Its Modern Debut

18th-Century Philadelphia-Made Slipware Ceramics Found During Archaeological Excavation to be on Exhibit for the First Time at the New York Ceramics & Glass Fair

Chipstone: Ceramics in America

This Day in Pottery History

Jean-Nicolas Gerard: "The Potter's Potter" film about French slipware potter

From the Scout Report on January 26, 2018

Ring Science --- https://ring.cx/
Ring is a decentralized, peer-to-peer communication platform designed to preserve user privacy. To the end-user, it is similar in functionality to Skype, providing text chat, voice calls, and video calls. However, unlike Skype, Ring uses no central servers and all communications are end-to-end encrypted. Ring is developed and maintained by Savoir-faire Linux, a Canadian company, with contributions from a global community of developers. Ring is free software, with source code available from Savoir-faire Linux's gitlab site. In addition to using its own eponymous peer-to-peer network, Ring can also act as a standard SIP client to make voice-over-IP calls. Ring is available for Windows, macOS, Linux, and Android.

Earth: A Global Map of Wind, Weather, and Ocean Conditions ---  https://earth.nullschool.net/
Originally featured in January 2017, this real-time map of wind and temperature conditions on earth continues to dazzle us. Software engineer Cameron Beccario created this website, which allows visitors to view a, "near real-time visualization of global weather conditions." Using data from a number of sources, including the Global Forecast System (GFS), the Ocean Surface Current Analyses Real-time (OSCAR) database, Real-Time Global Sea Surface Temperature (RTGSST) analysis, and more, Beccario has designed an animated, interactive globe. Visitors can choose from a variety of modes (air, ocean, chem[ical], and particulates) in order to view near real-time model information. Within each mode, visitors may also select from a subset of the model's data (e.g. in the "air" mode, visitors can choose to view wind data or temp[erature] data, among other options.) Visitors can also adjust how they view these global models using the projection or overlay options.

French Chef and Restaurateur Paul Bocuse Dies at 91


Paul Bocuse Obituary

Paul Bocuse, Master of French Cuisine, Dies at 91

Truffle Soup and La Bande a Bocuse: How Paul Bocuse became the most legendary chef in France

The First Time I met Paul Bocuse

Bocuse d'Or


Free Online Tutorials, Videos, Course Materials, and Learning Centers

Education Tutorials

New Jersey Center for Teaching & Learning: Course Materials --- https://njctl.org/courses/

NCTM: Reasoning and Sense-Making Task Library Mathematics ---

Library of Congress: Student Discovery Sets (American History) --- http://loc.gov/teachers/student-discovery-sets/

ALSC Blog (library services for children) --- www.alsc.ala.org/blog

Exploratorium: Iron Science Teacher --- www.exploratorium.edu/video/collections/iron-science-teacher

Bob Jensen's threads on general education tutorials are at http://faculty.trinity.edu/rjensen/Bookbob2.htm#EducationResearch

Bob Jensen's bookmarks for multiple disciplines --- http://faculty.trinity.edu/rjensen/Bookbob2.htm

Bob Jensen's links to free courses and tutorials --- http://faculty.trinity.edu/rjensen/000aaa/updateee.htm#OKI


Engineering, Science, and Medicine Tutorials

NOVA: Black Hole Apocalypse Science  --- http://www.pbs.org/wgbh/nova/space/black-hole-apocalypse.html 

Exploratorium: Iron Science Teacher --- www.exploratorium.edu/video/collections/iron-science-teacher

NOAA/NASA: SciJinks (oceans and atmosphere) --- https://scijinks.gov/

AviBase World Bird Database ---

Bob Jensen's threads on free online science, engineering, and medicine tutorials are at --http://faculty.trinity.edu/rjensen/bookbob2.htm

Bob Jensen's links to free courses and tutorials --- http://faculty.trinity.edu/rjensen/000aaa/updateee.htm#OKI

Social Science and Economics Tutorials

Economic Policy Institute: Multimedia --- www.epi.org/multimedia

GayYA (LGBTQIA+ in YA [young adult literature) --- www.gayya.org

WNYC Archives (Radio History) --- www.wnyc.org/blogs/archives

Public Domain Review: Class of 2018 (copyright law) --- http://publicdomainreview.org/collections/class-of-2018/

Visiting Bethlem in the Long Eighteenth Century (mental illness history) ---

Bob Jensen's threads on Economics, Anthropology, Social Sciences, and Philosophy tutorials are at

Bob Jensen's links to free courses and tutorials --- http://faculty.trinity.edu/rjensen/000aaa/updateee.htm#OKI

Law and Legal Studies

Public Domain Review: Class of 2018 (copyright law) --- http://publicdomainreview.org/collections/class-of-2018/

Bob Jensen's threads on law and legal studies are at
Scroll down to Law

Math Tutorials

NCTM: Reasoning and Sense-Making Task Library Mathematics ---

Bob Jensen's threads on free online mathematics tutorials are at
Scroll down to Mathematics and Statistics

Bob Jensen's links to free courses and tutorials --- http://faculty.trinity.edu/rjensen/000aaa/updateee.htm#OKI

History Tutorials

What Shakespeare’s English Sounded Like, and How We Know ---

Hi-Phi Nation (philosophy turned into idea) --- https://hiphination.org/

Library of Congress: Student Discovery Sets (American History) --- http://loc.gov/teachers/student-discovery-sets/

Academy of American Poets: Poem-a-Day Language Arts --- www.poets.org/poetsorg/poem-day

Raw Material: SFMOMA Podcast (art history) --- www.sfmoma.org/raw-material

OMCA Collections: Dorothea Lange (San Francisco Bay Area Historic PhotographsO ---

For All the World to See: Visual Culture and the Struggle for Civil Rights ---

The Largest Early Map of the World Gets Assembled for the First Time: See the Huge, Detailed & Fantastical World Map from 1587 ---

Chinese Railroad Workers in North America Project at Stanford University ---

JAR: Journal for Artistic Research Arts --- www.jar-online.net

The Well Read President (Teddy Roosevelt) --- https://definingteddy.wordpress.com/the-well-read-president/

50 years ago, US troops bunkered down for the Vietnam War's most infamous siege — here's how it unfolded ---

See the Handwritten Syllabus & Final Exam from the Philosophy Course That Martin Luther King, Jr. Taught at Morehouse College (1962) ---
Sadly, Dr. King plagiarized significant portions of his own Ph.D. thesis.

National Portrait Gallery Blog --- www.npg.org.uk/blog.php

Past to Present: Fashion Reinterpretations --- www.europeana.eu/portal/en/exhibitions/past-to-present#ve-anchor-intro_13643-js

Recipe for Victory: Food and Cooking in Wartime ---

National Portrait Gallery: First Ladies --- http://npg.si.edu/portraits/collection-highlights/first-ladie

William Smith's Maps Science  --- www.strata-smith.com

WNYC Archives (Radio History) --- www.wnyc.org/blogs/archives

The London Time Machine: Interactive Map Lets You Compare Modern London, to the London Shortly After the Great Fire of 1666 ---

Google Arts and Culture: Passage to India Social ---  www.google.com/culturalinstitute/beta/u/0/exhibit/FQKCQq9LDKemIg

Voices in Confinement: A Digital Archive of Japanese American Internees ---

ALSC Blog (library services for children) --- www.alsc.ala.org/blog

The Latin Works of John Wyclif; A searchable database of the primary texts ---

Celebrate the Life & Writing of Ursula K. Le Guin (R.I.P.) with Classic Radio Dramatizations of Her Stories ---

Stalin's Glorious Army With Studebakers and Dodges
The Soviet armies advancing into East Prussia in January 1945, in huge, long columns, were an extraordinary mixture of modern and medieval: tank troops in padded black helmets, Cossack cavalrymen on shaggy mounts with loot strapped to the saddle,
lend-lease Studebakers and Dodges towing light field guns, and then a second echelon in horse-drawn carts. The variety of character among the soldiers was almost as great as that of their military equipment. There were freebooters who drank and raped quite shamelessly, and there were idealistic, austere communists and members of the intelligentsia appalled by such behaviour ---


Bob Jensen's threads on history tutorials are at http://faculty.trinity.edu/rjensen/bookbob2.htm
Scroll down to History
Also see http://faculty.trinity.edu/rjensen/ElectronicLiterature.htm  

FoundSF (San Francisco) --- www.foundsf.org

Bob Jensen's links to free courses and tutorials --- http://faculty.trinity.edu/rjensen/000aaa/updateee.htm#OKI

Language Tutorials

What Shakespeare’s English Sounded Like, and How We Know ---

Bob Jensen's links to language tutorials are at http://faculty.trinity.edu/rjensen/bookbob2-Part2.htm#Languages

Music Tutorials

Artificial Intelligence Writes a Piece in the Style of Bach: Can You Tell the Difference Between JS Bach and AI Bach?

 Bob Jensen's threads on free music tutorials are at
Scroll down to Music

Bob Jensen's threads on music performances ---

Writing Tutorials

Coursera: Writing in the Sciences --- www.coursera.org/learn/sciwrite

New York Times: Copy Edit This! ---

Bob Jensen's helpers for writers are at http://faculty.trinity.edu/rjensen/Bookbob3.htm#Dictionaries

Bob Jensen's threads on medicine ---

CDC Blogs --- http://blogs.cdc.gov/

Shots: NPR Health News --- http://www.npr.org/sections/health-shots

Updates from WebMD --- http://www.webmd.com/

January 17, 2018

January 18, 2018

January 19, 2018

January 20, 2018

January 22, 2018

January 24, 2018

January 25, 2018

January 26, 2018

January 27, 2018

January 28, 2018

View All Health News




Here's How to Tell if Your Diet Supplements Are Dangerous ---
Jensen Comment
First look the supplement up in Wikipedia

Chatbot --- https://en.wikipedia.org/wiki/Chatbot

A Stanford researcher is pioneering a dramatic shift in how we treat depression — and you can try her new chatbot app right now

Woebot is a free therapy chatbot that launched as a stand-alone app in January.

Alison Darcy, a clinical psychologist at Stanford University, created it.

Woebot uses one of the most well-researched approaches to treating depression, cognitive behavioral therapy, to deliver scripted responses to users.

It's part of a growing trend of incorporating smartphone apps into therapy.

Visiting Bethlem in the Long Eighteenth Century (mental illness history) ---

Time Magazine:  Here's Why the Flu is Especially Bad This Year ---

This year’s severe flu exposes a serious flaw in our medical system ---

The Atlantic:  Obesity in people with autism appears to be different than in the general population. But why? ---

Humor for January 2018

You Tube:  Uganda Parliament in Action ---

Read the Shortest Academic Article Ever Written: “The Unsuccessful Self-Treatment of a Case of ‘Writer’s Block'” ---

Humor December 2017--- http://faculty.trinity.edu/rjensen/book17q4.htm#Humor1217.htm

Humor November 2017--- http://faculty.trinity.edu/rjensen/book17q4.htm#Humor1117.htm

Humor October 2017--- http://faculty.trinity.edu/rjensen/book17q4.htm#Humor1017.htm

Humor September 2017--- http://faculty.trinity.edu/rjensen/book17q3.htm#Humor0917.htm 

Humor August 2017--- http://faculty.trinity.edu/rjensen/book17q3.htm#Humor0817.htm

Humor July 2017--- http://faculty.trinity.edu/rjensen/book17q3.htm#Humor0717.htm

Humor June 2017--- http://faculty.trinity.edu/rjensen/book17q2.htm#Humor0617.htm

Humor May 2017--- http://faculty.trinity.edu/rjensen/book17q2.htm#Humor0517.htm

Humor April 2017--- http://faculty.trinity.edu/rjensen/book17q2.htm#Humor0417.htm

Humor March 2017--- http://faculty.trinity.edu/rjensen/book17q1.htm#Humor0317.htm

Humor February 2017 --- http://faculty.trinity.edu/rjensen/book17q1.htm#Humor0217.htm

Humor January 2017 --- http://faculty.trinity.edu/rjensen/book17q1.htm#Humor0117.htm

Humor December 2016 --- http://faculty.trinity.edu/rjensen/book16q4.htm#Humor1216.htm 

Humor November 2016 --- http://faculty.trinity.edu/rjensen/book16q4.htm#Humor1116.htm 

Humor October 2016 --- http://faculty.trinity.edu/rjensen/book16q4.htm#Humor1016.htm

Humor September 2016 --- http://faculty.trinity.edu/rjensen/book16q3.htm#Humor0916.htm

Humor August  2016 --- http://faculty.trinity.edu/rjensen/book16q3.htm#Humor083116.htm

Humor July  2016 --- http://faculty.trinity.edu/rjensen/book16q3.htm#Humor0716.htm  

Humor June  2016 --- http://faculty.trinity.edu/rjensen/book16q2.htm#Humor063016.htm

Humor May  2016 --- http://faculty.trinity.edu/rjensen/book16q2.htm#Humor053116.htm

Humor April  2016 --- http://faculty.trinity.edu/rjensen/book16q2.htm#Humor043016.htm

Humor March  2016 --- http://faculty.trinity.edu/rjensen/book16q1.htm#Humor033116.htm

Humor February  2016 --- http://faculty.trinity.edu/rjensen/book16q1.htm#Humor022916.htm

Humor January  2016 --- http://faculty.trinity.edu/rjensen/book16q1.htm#Humor013116.htm


Tidbits Archives --- http://faculty.trinity.edu/rjensen/TidbitsDirectory.htm

More of Bob Jensen's Pictures and Stories

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/

Online Distance Education Training and Education --- http://faculty.trinity.edu/rjensen/Crossborder.htm
For-Profit Universities Operating in the Gray Zone of Fraud  (College, Inc.) --- http://faculty.trinity.edu/rjensen/HigherEdControversies.htm#ForProfitFraud

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

The Cult of Statistical Significance: How Standard Error Costs Us Jobs, Justice, and Lives ---

How Accountics Scientists Should Change: 
"Frankly, Scarlett, after I get a hit for my resume in The Accounting Review I just don't give a damn"
One more mission in what's left of my life will be to try to change this

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 ---

Tom Lehrer on Mathematical Models and Statistics ---

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


World Clock --- http://www.peterussell.com/Odds/WorldClock.php
Facts about the earth in real time --- http://www.worldometers.info/

Interesting Online Clock and Calendar --- http://home.tiscali.nl/annejan/swf/timeline.swf
Time by Time Zones --- http://timeticker.com/
Projected Population Growth (it's out of control) --- http://geography.about.com/od/obtainpopulationdata/a/worldpopulation.htm
         Also see http://users.rcn.com/jkimball.ma.ultranet/BiologyPages/P/Populations.html
Facts about population growth (video) --- http://www.youtube.com/watch?v=pMcfrLYDm2U
Projected U.S. Population Growth --- http://www.carryingcapacity.org/projections75.html
Real time meter of the U.S. cost of the war in Iraq --- http://www.costofwar.com/ 
Enter you zip code to get Census Bureau comparisons --- http://zipskinny.com/
Sure wish there'd be a little good news today.

Free (updated) Basic Accounting Textbook --- search for Hoyle at

CPA Examination --- http://en.wikipedia.org/wiki/Cpa_examination
Free CPA Examination Review Course Courtesy of Joe Hoyle --- http://cpareviewforfree.com/

Rick Lillie's education, learning, and technology blog is at http://iaed.wordpress.com/

Accounting News, Blogs, Listservs, and Social Networking ---

Bob Jensen's Threads --- http://faculty.trinity.edu/rjensen/threads.htm 
Current and past editions of my newsletter called New Bookmarks --- http://faculty.trinity.edu/rjensen/bookurl.htm
Current and past editions of my newsletter called Tidbits --- http://faculty.trinity.edu/rjensen/TidbitsDirectory.htm
Current and past editions of my newsletter called Fraud Updates --- http://faculty.trinity.edu/rjensen/FraudUpdates.htm

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://faculty.trinity.edu/rjensen/ElectronicLiterature.htm

Some of Bob Jensen's Tutorials

Accounting program news items for colleges are posted at http://www.accountingweb.com/news/college_news.html
Sometimes the news items provide links to teaching resources for accounting educators.
Any college may post a news item.

Accounting  and Taxation News Sites ---


For an elaboration on the reasons you should join a ListServ (usually for free) go to   http://faculty.trinity.edu/rjensen/ListServRoles.htm
AECM (Educators) http://listserv.aaahq.org/cgi-bin/wa.exe?HOME
AECM is an email Listserv list which provides a forum for discussions of all hardware and software which can be useful in any way for accounting education at the college/university level. Hardware includes all platforms and peripherals. Software includes spreadsheets, practice sets, multimedia authoring and presentation packages, data base programs, tax packages, World Wide Web applications, etc.

Over the years the AECM has become the worldwide forum for accounting educators on all issues of accountancy and accounting education, including debates on accounting standards, managerial accounting, careers, fraud, forensic accounting, auditing, doctoral programs, and critical debates on academic (accountics) research, publication, replication, and validity testing.


CPAS-L (Practitioners) http://pacioli.loyola.edu/cpas-l/  (Closed Down)
CPAS-L provides a forum for discussions of all aspects of the practice of accounting. It provides an unmoderated environment where issues, questions, comments, ideas, etc. related to accounting can be freely discussed. Members are welcome to take an active role by posting to CPAS-L or an inactive role by just monitoring the list. You qualify for a free subscription if you are either a CPA or a professional accountant in public accounting, private industry, government or education. Others will be denied access.
Yahoo (Practitioners)  http://groups.yahoo.com/group/xyztalk
This forum is for CPAs to discuss the activities of the AICPA. This can be anything  from the CPA2BIZ portal to the XYZ initiative or anything else that relates to the AICPA.
AccountantsWorld  http://accountantsworld.com/forums/default.asp?scope=1 
This site hosts various discussion groups on such topics as accounting software, consulting, financial planning, fixed assets, payroll, human resources, profit on the Internet, and taxation.
Business Valuation Group BusValGroup-subscribe@topica.com 
This discussion group is headed by Randy Schostag [RSchostag@BUSVALGROUP.COM
FEI's Financial Reporting Blog
Smart Stops on the Web, Journal of Accountancy, March 2008 --- http://www.aicpa.org/pubs/jofa/mar2008/smart_stops.htm

Find news highlights from the SEC, FASB and the International Accounting Standards Board on this financial reporting blog from Financial Executives International. The site, updated daily, compiles regulatory news, rulings and statements, comment letters on standards, and hot topics from the Web’s largest business and accounting publications and organizations. Look for continuing coverage of SOX requirements, fair value reporting and the Alternative Minimum Tax, plus emerging issues such as the subprime mortgage crisis, international convergence, and rules for tax return preparers.
The CAlCPA Tax Listserv

September 4, 2008 message from Scott Bonacker [lister@bonackers.com]
Scott has been a long-time contributor to the AECM listserv (he's a techie as well as a practicing CPA)

I found another listserve that is exceptional -

CalCPA maintains http://groups.yahoo.com/taxtalk/  and they let almost anyone join it.
Jim Counts, CPA is moderator.

There are several highly capable people that make frequent answers to tax questions posted there, and the answers are often in depth.


Scott forwarded the following message from Jim Counts

Yes you may mention info on your listserve about TaxTalk. As part of what you say please say [... any CPA or attorney or a member of the Calif Society of CPAs may join. It is possible to join without having a free Yahoo account but then they will not have access to the files and other items posted.

Once signed in on their Yahoo account go to http://finance.groups.yahoo.com/group/TaxTalk/ and I believe in top right corner is Join Group. Click on it and answer the few questions and in the comment box say you are a CPA or attorney, whichever you are and I will get the request to join.

Be aware that we run on the average 30 or move emails per day. I encourage people to set up a folder for just the emails from this listserve and then via a rule or filter send them to that folder instead of having them be in your inbox. Thus you can read them when you want and it will not fill up the inbox when you are looking for client emails etc.

We currently have about 830 CPAs and attorneys nationwide but mainly in California.... ]

Please encourage your members to join our listserve.

If any questions let me know.

Hemet, CA
Moderator TaxTalk





Many useful accounting sites (scroll down) --- http://www.iasplus.com/links/links.htm


Bob Jensen's Sort-of Blogs --- http://faculty.trinity.edu/rjensen/JensenBlogs.htm
Current and past editions of my newsletter called New Bookmarks --- http://faculty.trinity.edu/rjensen/bookurl.htm
Current and past editions of my newsletter called Tidbits --- http://faculty.trinity.edu/rjensen/TidbitsDirectory.htm
Current and past editions of my newsletter called Fraud Updates --- http://faculty.trinity.edu/rjensen/FraudUpdates.htm

Some Accounting History Sites

Bob Jensen's Accounting History in a Nutshell and Links --- http://faculty.trinity.edu/rjensen/theory01.htm#AccountingHistory

Accounting History Libraries at the University of Mississippi (Ole Miss) --- http://www.olemiss.edu/depts/accountancy/libraries.html
The above libraries include international accounting history.
The above libraries include film and video historical collections.

MAAW Knowledge Portal for Management and Accounting --- http://maaw.info/

Academy of Accounting Historians and the Accounting Historians Journal ---

Sage Accounting History --- http://ach.sagepub.com/cgi/pdf_extract/11/3/269

A nice timeline on the development of U.S. standards and the evolution of thinking about the income statement versus the balance sheet is provided at:
"The Evolution of U.S. GAAP: The Political Forces Behind Professional Standards (1930-1973)," by Stephen A. Zeff, CPA Journal, January 2005 --- http://www.nysscpa.org/cpajournal/2005/105/infocus/p18.htm
Part II covering years 1974-2003 published in February 2005 --- http://www.nysscpa.org/cpajournal/2005/205/index.htm 

A nice timeline of accounting history --- http://www.docstoc.com/docs/2187711/A-HISTORY-OF-ACCOUNTING

From Texas A&M University
Accounting History Outline --- http://acct.tamu.edu/giroux/history.html

Bob Jensen's timeline of derivative financial instruments and hedge accounting ---

History of Fraud in America --- http://faculty.trinity.edu/rjensen/415wp/AmericanHistoryOfFraud.htm
Also see http://faculty.trinity.edu/rjensen/Fraud.htm

Bob Jensen's Threads ---

More of Bob Jensen's Pictures and Stories

All my online pictures --- http://www.cs.trinity.edu/~rjensen/PictureHistory/


Professor Robert E. Jensen (Bob) http://www.trinity.edu/rjensen
190 Sunset Hill Road
Sugar Hill, NH 03586
Phone:  603-823-8482 
Email:  rjensen@trinity.edu