Tidbits
Political Quotations
To Accompany the August 14, 2020 Edition of Tidbits
http://faculty.trinity.edu/rjensen/tidbits/2020/Tidbits081420.htm
Bob Jensen at
Trinity University
My Latest Web Document
Over 600 Examples of Critical Thinking and Illustrations of How to Mislead With
Statistics ---
http://faculty.trinity.edu/rjensen/MisleadWithStatistics.htm
Animated Visualization of the United States’ Exploding Population Growth
Over 200 Years (1790 – 2010) ---
A Visualization of the United States’ Exploding Population Growth Over 200 Years
(1790 – 2010)
USA Debt Clock --- http://www.usdebtclock.org/
The published national debt is a lie
Here's the real federal debt ---
https://www.truthinaccounting.org/about/our_national_debt
Debt to GDP Ratio by Country 2020 ---
https://worldpopulationreview.com/countries/countries-by-national-debt/
Human Population Over Time on Earth ---
https://www.youtube.com/watch?v=PUwmA3Q0_OE
MIT's Links to Covid-19 Trackers Around the World ---
https://www.technologyreview.com/2020/05/07/1000961/launching-mittr-covid-tracing-tracker/
Johns Hopkins University:
Updated Map and Table on the Number of Coronavirus Cases for Every Nation
---
https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
Accuracy is subject to wide margins of error for every nation and varies greatly
between nations.
Covid019 in New Hampshire
---
https://www.nh.gov/covid19/
The best maps for comparing
counties and towns in your state are provided by your state. For example, here's
the map showing the distribution of cases for New Hampshire counties and towns
---
https://www.wmur.com/article/new-hampshire-coronavirus-map/32009329#
Beautiful News Daily (news and statistics to offset all of
today's bad news) ---
https://informationisbeautiful.net/beautifulnews/
Here's a humorous and serious TED talk that seriously argues why the world needs billionaires
https://www.ted.com/talks/harald_eia_where_in_the_world_is_it_easiest_to_get_rich
Why did Cuba abandon its socialist/communist dream of equality for everybody?
The Guardian: This was the egalitarian dream of Cuba in the 1960s: For years in
Cuba, jobs as varied as farm workers and doctors only had a difference in their
wages of the equivalent of a few US dollars a month.
https://www.theguardian.com/world/2008/jun/12/cuba
Here's a somber and serious Guardian article on why the Cuban
model of income equality for all is a disaster ---
Fidel Castro says his economic system is failing ---
https://www.theguardian.com/world/2010/sep/09/fidel-castro-cuba-economic-model
Miracle of Chile ---
https://en.wikipedia.org/wiki/Miracle_of_Chile
Movie: The Chicago Boys of Chile ---
https://vimeo.com/ondemand/chicagoboysenglish
The Singapore Dream: How Singapore's richest man went
from welding in a factory for $14 per hour to owning a $17 billion hotpot
restaurant chain ---
https://www.businessinsider.com/life-of-singapore-richest-man-from-welder-to-hotpot-billionaire-2020-1
While a
move is underway to destroy the American Dream of rags to riches (by taxing away
the riches) the Chinese dream is on the rise.
The Chinese Dream
How a Chinese billionaire went from making $16 a month in a factory to being one
of the world's richest self-made women with an $8.3 billion real-estate empire
---
https://www.businessinsider.com/worlds-richest-self-made-woman-wu-yajun-net-worth-2019-2
Top 50 Billionaires in China ---
https://en.wikipedia.org/wiki/List_of_Chinese_by_net_worth
Jensen
Comment
The question for students to debate is why a supposed
communist country allows so many billionaires to rise up from poverty.
That's supposed to happen in the USA where a child growing up in deep
poverty (think Oprah Winfrey or Howard Shultz) became a multi-billionaires.
But is it also supposed to happen under communism? If
so, why?
One reason is that many billionaires can afford to pour lots of money into high risk ventures. When's the last time you heard about a high risk (think Silicon Valley) venture in Europe?
Wikiquote from Wikipedia --- https://www.wikiquote.org/
I detest what you write, but I would give my
life to make it possible for you to continue to write ---
Voltaire
"This is perhaps the assembly of the most
intelligence ever to gather at one time in the White House, with the exception
of when Thomas Jefferson dined alone"
John F. Kennedy at a White House party
Harper's: A Letter on Justice and Open Debate --- |
When the Great Scorer comes to write against your name, one unforgiveable sin (racial profiling) outweighs all the good you've done in life.
Bob Jensen
Kobe Bryant: We need to make the most of
every minute we have ---
https://www.newsweek.com/i-wont-take-see-you-later-granted-148449
James Baldwin Talks About Racism in America &
Civil Rights Activism on The Dick Cavett Show (1969) ---
http://www.openculture.com/2020/08/james-baldwin-talks-about-racism-in-america-civil-rights-activism-on-the-dick-cavett-show-1969.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed:+OpenCulture+(Open+Culture)
Hermann Weyl born in Hamburg, Germany. He wrote,
"One may say that mathematics talks about the things which are of no concern to
men. Mathematics has the inhuman quality of starlight---brilliant, sharp, but
cold ... thus we are clearest where knowledge matters least: in mathematics,
especially number theory." ---
http://www-groups.dcs.st-and.ac.uk/~history/Biographies/Weyl.html
Also see Mathematical Analytics in Plato's Cave
http://faculty.trinity.edu/rjensen/TheoryTAR.htm#Analytics
And nevertheless conclude that the optimum
amount of restriction of immigration is zero point zero, zero, zero? Amazing.
Economics are generally skeptical models that yield corner solutions ---
https://www.econlib.org/do-you-talk-about-it-in-open-borders-yes/
Jensen Comment
To the list of questions I would add "Do your talk about the Tragedy of the
Commons?"
The problem with open borders is somewhat related to the economic problem of
"The Sharing of the Commons" where giving everybody the right to use a free
resource leads to everybody losing that resource. At what point will allowing
billions of people share in the free medical care, free college, and other
scarce resources ruin it for everybody ---
https://en.wikipedia.org/wiki/Tragedy_of_the_commons
History of United States Immigration Laws ---
https://mail.google.com/mail/u/0/#inbox/FMfcgxwGCkZzrvQkcFbRplBPwBFwmFDs
Open immigration can’t exist with a strong
social safety net; if you’re going to assure healthcare and a decent income to
everyone, you can’t make that offer global ---
Paul Krugman
https://www.goodreads.com/quotes/724654-open-immigration-can-t-exist-with-a-strong-social-safety-net
History will prove former President Donald
Trump was correct about Mexico one day funding an impenetrable wall --- to keep
out over 2 billion starving green immigrants seeking to enter Mexico from the
north.
Bob Jensen
Assorted Charlie Munger Quotations ---
Walter E. Williams: Insults to Black
History ---
https://townhall.com/columnists/walterewilliams/2020/06/24/insults-to-black-history-n2571095?utm_source=thdaily&utm_medium=email&utm_campaign=nl&newsletterad=06/24/2020&bcid=b16c6f948f297f77432f990d4411617f&recip=17935167
Walter E. Williams: The Leftist Effort to Revise American History ---
Walter E. Williams: The True Plight of Black Americans
Is Racism Responsible for Today's Black
Problems? ---
https://townhall.com/columnists/walterewilliams/2020/07/29/is-racism-responsible-for-todays-black-problems-n2573212?utm_source=thdaily&utm_medium=email&utm_campaign=nl&newsletterad=07/29/2020&bcid=b16c6f948f297f77432f990d4411617f&recip=17935167
Some Fatherly Words of Wisdom from Jack Bogle, Founder
of Vanguard Investments, to My Sons ---
https://jborden.com/2019/06/16/some-fatherly-words-of-wisdom-from-jack-bogle-founder-of-vanguard-investments-to-my-sons/
Walter A. Williams: The Nation's Report Card
How are K-12 schools doing under President Trump versus
President Obama?
https://townhall.com/columnists/walterewilliams/2020/05/06/the-nations-report-card-n2568167?utm_source=thdaily&utm_medium=email&utm_campaign=nl&newsletterad=05/06/2020&bcid=b16c6f948f297f77432f990d4411617f&recip=17935167
Jensen's Comment
Most K-12 schools were probably doing better when I was a child than they're
doing today. The downhill slide is greatest in the gang-ridden schools,
drug-infested urban schools like Chicago and New Orleans. Throwing money at such
schools is not the answer until life at home recovers.
Finland knows this, which is why Finland's dads spend more time with school
children than the moms or the teachers.
https://www.theguardian.com/lifeandstyle/2017/dec/04/finland-only-country-world-dad-more-time-kids-moms
Walter E. Williams: Insane News Tidbits
---
https://townhall.com/columnists/walterewilliams/2020/05/27/insane-news-tidbits-n2569329?utm_source=thdaily&utm_medium=email&utm_campaign=nl&newsletterad=05/27/2020&bcid=b16c6f948f297f77432f990d4411617f&recip=17935167
Milton Friedman: The Lesson of the
Spoons ---
https://marginalrevolution.com/marginalrevolution/2019/08/spoons-are-in-aisle-9.html
Chopsticks would be even better
Rep. Ilhan Omar Calls For “Dismantling” of US “Economy and Political Systems”
(VIDEO) ---
https://www.blabber.buzz/conservative-news/944250-radical-seattle-city-councilmember-kshama-sawant-vows-to-overthrow-the-united-states-and-replace-with-a-socialist-world?utm_source=c-alrt&utm_medium=c-alrt-email&utm_term=c-alrt-GI&utm_content=1Cugtgg08BDw-1AwBlaN1Qmmriw..A
Jensen Comment
Republicans are most grateful that Omar played a huge role in getting Biden
nominated
Radical Seattle City Councilmember Kshama
Sawant Vows to Militantly Overthrow the United States and Replace with “a Socialist World”
---
https://www.blabber.buzz/conservative-news/944250-radical-seattle-city-councilmember-kshama-sawant-vows-to-overthrow-the-united-states-and-replace-with-a-socialist-world?utm_source=c-alrt&utm_medium=c-alrt-email&utm_term=c-alrt-GI&utm_content=1Cugtgg08BDw-1AwBlaN1Qmmriw..A
Also see
https://mynorthwest.com/1850633/rantz-socialist-kshama-sawant-militant-takeover-amazon/?
Black Police Chief Explains to Seattle Councilwoman That She Can't Fire White Officers Just Because They're White ---
"In
Praise of Cheap Labor," by Paul Krugman,
Slate, March 21, 1997 ---
https://slate.com/business/1997/03/in-praise-of-cheap-labor.html
Corruption in general has a deleterious effect
on the readiness of economic agents to invest. In the long run, it leads to a
paralysis of economic life. But very often it is not that economic agents
themselves have had the bad experience of being cheated and ruined, they just
know that in this country, or in this part of the economy, or this building
scene, there is a high likelihood that you will get cheated and that free riders
can get away with it. Here again, reputation is absolutely essential, which is
why transparency is so important. Trust can only be engendered by transparency.
It's no coincidence that the name of the most influential non-governmental
organization dealing with corruption is Transparency International.
A Conversation with Karl Sigmund: When Rule of Law is
Not Working
https://www.edge.org/conversation/karl_sigmund-when-the-rule-of-law-is-not-working
Great fleas have little fleas upon their backs to bite 'em, And little fleas have lesser fleas, and so on ad infinitum ---
Augustus De Morgan
Prior to 1980 what was unique about the year of his birth in 1871?
http://www-groups.dcs.st-and.ac.uk/~history/Biographies/De_Morgan.html
Also see
The
enemy is fear
We think it's hate
But, it's fear
Gandhi
12 inspiring quotes from Martin Luther King
Jr.---
https://www.businessinsider.com/inspiring-martin-luther-king-jr-quotes-2017-1
‘Never Be Afraid’: William Faulkner’s Speech
to His Daughter’s Graduating Class in 1951 ---
http://www.openculture.com/2020/05/never-be-afraid-william-faulkners-speech-to-his-daughters-graduating-class-in-1951.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+OpenCulture+%28Open+Culture%29
21 outstanding Warren Buffet quotations ---
https://www.businessinsider.com/warren-buffett-21-best-quotes-2019-2
Also see
https://www.visualcapitalist.com/the-25-best-warren-buffett-quotes-in-one-infographic/
History of United States Immigration Laws ---
https://rapidvisa.com/history-of-united-states-immigration-laws/
Will Nextpolis become the new Hong Kong?
https://marginalrevolution.com/marginalrevolution/2020/07/a-hong-kong-enclave-in-ireland.html
Jensen Comment
I doubt if the proposed location of Nextopolis will work well unless the EU
gives Nextopolis exemptions from the many and severe regulations in the EU.
The same can be said for the West Coast of Canada since Canada is also bound up
in regulations. It would be dangerous to locate it in Tiawan. Singapore has a
better shot.
Hydroxychloroquine could save up to 100,000 lives if used for
COVID-19: Yale epidemiology professor ---
https://www.foxnews.com/media/hydroxychloroquine-could-save-lives-ingraham-yale-professor
NYT: Should We Cancel Aristotle?
He defended slavery and opposed the notion of human equality ---
https://www.nytimes.com/2020/07/21/opinion/should-we-cancel-aristotle.html?action=click&module=Opinion&pgtype=Homepage
Walter E. Williams: Rotten Education
Isn't Preordained: in 2016, in 13 Baltimore high schools, not a single
student tested proficient in math ---
https://townhall.com/columnists/walterewilliams/2020/05/20/rotten-education-isnt-preordained-n2569005?utm_source=thdaily&utm_medium=email&utm_campaign=nl&newsletterad=05/20/2020&bcid=b16c6f948f297f77432f990d4411617f&recip=17935167
The Politidcally Correct Goose Step May Ruin
Universities ---
https://mises.org/wire/are-universities-finished?utm_source=Mises+Institute+Subscriptions&utm_campaign=96712ec7ff-EMAIL_CAMPAIGN_2020_07_17_06_30_COPY_01&utm_medium=email&utm_term=0_8b52b2e1c0-96712ec7ff-228708937
MIT: Chinese and Russian Hackers Were
Sanctioned by Europe for the First Time ---
https://www.technologyreview.com/2020/07/30/1005822/chinese-and-russian-hackers-were-just-sanctioned-by-europe-for-the-first-time/
Homicide Spike Hits Most Large U.S. Cities ---
https://www.wsj.com/articles/homicide-spike-cities-chicago-newyork-detroit-us-crime-police-lockdown-coronavirus-protests-11596395181?mod=djm_dailydiscvrtst
Seattle Moves to Abolish Entire Police Force
---
https://townhall.com/tipsheet/mattvespa/2020/07/31/insane-seattle-moves-to-abolish-police-force-n2573513?utm_source=thdailypm&utm_medium=email&utm_campaign=nl&newsletterad=07/31/2020&bcid=b16c6f948f297f77432f990d4411617f&recip=17935167
Gallup: 81 Percent of Black Americans
Want the Same Level, or More, of Police Presence ---
https://reason.com/2020/08/06/81-percent-of-black-americans-want-the-same-level-or-more-of-police-presence-gallup/
Chicago is spending $1.6 billion on 13,000
police. Is it worth it?
https://www.data-z.org/news/detail/chicago-is-spending-16-billion-on-13000-police-is-it-worth-it
Chicago Cuts School Police Budget by More Than
Half ---
https://reason.com/2020/08/10/chicago-cuts-school-police-budget-by-more-than-half/
July 30, 2020: Don’t Look Now, But
Philly’s Homicide Count Just Broke a Record ---
https://www.phillymag.com/news/2020/07/30/philadelphia-homicide-count/
Portland Antifa and Black Lives Matter
launched explosives at the Federal Courthouse and Justice Center while
attempting to barricade agents inside on the 50th night of riots in the ultra
liberal city ---
https://www.thegatewaypundit.com/2020/07/breaking-portland-antifa-blm-launch-explosives-federal-building-barricading-agents-inside/
I think Nancy Pelosi is happy about this since the Federal "storm troopers" seem
to be losing the battle ---
https://www.thegatewaypundit.com/2020/07/nancy-pelosi-calls-dhs-agents-nazi-stormtroopers-sent-portland-following-40-days-leftist-rioting-mass-destruction/
Oregon will sue federal agencies over use of
force against protesters ---
https://nypost.com/2020/07/18/oregon-will-sue-feds-over-use-of-force-against-protesters/
The Antifa Brought Weapons And Will Bring Them Again Until They Get
Their Civil War
Three Federal Agents May Have Been Blinded
Permanently by Antifa-BLM Lasers in Portland ---
https://www.fox13news.com/news/federal-officers-in-portland-may-have-been-permanently-blinded-by-lasers-officials-say
I'm afraid the the defunded and defanged police are helpless in fighting the
armed Antifa-led mobs.
One day white supremacist snipers may
enter the fray and Antifa will finally get the Marxist Civil War it really
wants.
The said thing is that BLM activists will one day regret being led into that
civil war by Antifa Marxists
Portland Mayor Ted Wheeler Thursday evening
condemned the actions of rioters who attempted to set fire to a police precinct
and blocked the exits while officers were inside ---
https://www.foxnews.com/us/portland-mayor-condemns-rioters-for-attempting-to-commit-murder
Was this incident covered up by ABC, CBS, NBC, CNN, and MSNBC"
Garbage is piling up across New York City
sidewalks attracting rats and raccoons after the sanitation department's budget
was cut by $106million ---
https://www.dailymail.co.uk/news/article-8581375/Trash-piling-NYC-sanitation-departments-budget-cut-106million.html
UN Reports North Korea’s Abuse of Women: Rape,
Forced Abortion ---
https://townhall.com/columnists/katieyoder/2020/08/01/un-reports-north-koreas-abuse-of-women-rape-forced-abortion-n2573531
CNN’s Gone PC Crazy: Term ‘Woman’ Replaced With
‘Person With Cervix’ ---
https://www.blabber.buzz/conservative-news/967969-cnn-s-gone-pc-crazy-term-woman-replaced-with-person-with-cervix?utm_source=c-alrt&utm_medium=c-alrt-email&utm_term=c-alrt-GI&utm_content=1Cugtgg08BDw-1AwBlaN1Qmmriw..A
Does that mean we can have two types of sports competitions based on whether
players do or do not have cervixes?
Don’t Cry for Me Argentina
The South American nation appeared to be close to a landmark $65 billion debt
deal with creditors, sparking a bond rally in the recession-hit country that’s
poised for a record contraction of its economy this year.
Ecuador struck a similar $17 billion deal with
creditors ---
https://www.bloomberg.com/news/articles/2020-08-03/argentina-creditors-inch-closer-on-65-billion-debt-deal?utm_term=OZY&utm_campaign=WIYC&UTM_content=Tuesday_08.04.20&utm_source=Sailthru&utm_medium=email&utm_content=Final
UPS Readies Freezer Farms to Ship Virus
Vaccine — If We Get One ---
https://www.bloomberg.com/news/articles/2020-08-03/ups-readies-freezer-farms-to-ship-virus-vaccine-if-we-get-one?cmpid=BBD080320_BIZ&utm_medium=email&utm_source=newsletter&utm_term=200803&utm_campaign=bloombergdaily
Susan Rice's son suffers from conservatism
disease ---
https://www.blabber.buzz/conservative-news/972222-susan-rice-on-her-trump-supporting-son-i-love-him-dearly-special?utm_source=c-pm&utm_medium=c-pm-email&utm_term=c-pm-GI&utm_content=1Cugtgg08BDw-1AwBlaN1Qmmriw..A
More Farmers Declare Bankruptcy Despite Record
Levels of Federal Aid ---
https://www.wsj.com/articles/more-farmers-declare-bankruptcy-despite-record-levels-of-federal-aid-11596706201
The Truth Is Paywalled But The Lies Are Free ---
https://www.currentaffairs.org/2020/08/the-truth-is-paywalled-but-the-lies-are-free
COVID-19's influence on evolution of accounting ---
https://future.aicpa.org/resources/download/human-signals-new-patterns-of-behavior-and-the-accounting-profession
CDC: At least two-thirds of infected
nations are linked to travel involving China, Italy, and Iran ---
https://www.studyfinds.org/cdc-travel-china-italy-iran-spread-covid-19/
Why the US Economy Is Stronger Than the
Eurozone's ---
https://reason.com/2020/08/06/81-percent-of-black-americans-want-the-same-level-or-more-of-police-presence-gallup/
Swedish Police, Civilians Working at No-Go
Area Police Station to Get Escort ---
https://www.breitbart.com/europe/2020/08/08/swedish-police-civilians-working-no-go-area-police-station-get-escort/
Shipment of nearly 20 thousand fake U.S.
driver’s licenses from China were just confiscated at Chicago airport ---
https://www.waynedupree.com/2020/08/china-fake-us-drivers-licenses/
Loyola University Maryland is being criticized for removing the name of
Flannery O'Connor from a residence hall ---
https://www.insidehighered.com/quicktakes/2020/08/10/should-flannery-oconnor-be-name-residence-hall?utm_source=Inside+Higher+Ed&utm_campaign=cc6f8fdf0a-DNU_2020_COPY_02&utm_medium=email&utm_term=0_1fcbc04421-cc6f8fdf0a-197565045&mc_cid=cc6f8fdf0a&mc_eid=1e78f7c952
Our trust in the mainstream economy might be low at the moment. But that’s great
for the cryptocurrency market, which has been booming globally during the crisis
---
https://www.wsj.com/articles/bitcoin-is-riding-high-again-as-investors-embrace-risk-11596376800?utm_term=OZY&utm_campaign=WIYC&UTM_content=Wednesday_08.12.20&utm_source=Sailthru&utm_medium=email&utm_content=Final
U.K. Economy Shrinks by More Than Any Other
Rich Country, Followed by Spain, France, Italy, Germany, and then the USA ---
https://www.wsj.com/articles/u-k-economy-shrinks-by-more-than-any-other-rich-country-11597213570
South Africa is Being Pushed to the Brink of
Economic Disaster ---
https://www.bloomberg.com/news/articles/2020-08-12/south-africa-is-being-pushed-to-the-edge-of-economic-and-political-disaster?cmpid=BBD081220_BIZ&utm_medium=email&utm_source=newsletter&utm_term=200812&utm_campaign=bloombergdaily
Also see
https://www.dailymaverick.co.za/opinionista/2020-04-09-south-africa-must-get-growth-going-or-face-economic-disaster/
WEALTH Tax hike on California millionaires would create 54% tax rate (from
13.3% now) ---
https://www.cnbc.com/2020/07/30/tax-hike-on-california-millionaires-would-create-54percent-tax-rate.html
Jensen Comment
The bite of this tax depends heavily on whether the millionaires can continue to
shelter their incomes from the tax rate.
One popular shelter is a pension investment that delays taxation until the funds
are disbursed in retirement.
A second popular California shelter is investment in tax-exempt California bonds
issued by schools, towns, counties, and development districts.
Probably the most popular shelter is capital gains that are not taxed until
realized such as ownership of real estate that changes in value daily but is not
taxed until death of the owner or sale of the property.
Subjecting sheltered income to taxation often has huge drawbacks. For example, eliminating the tax-exempt bond financing of schools and municipalities greatly increases cost of capital of these jurisdictions.
Forcing investors to pay annual taxes in cash on capital gains value accruals can raise havoc in the the markets (think farms, vineyards, homes, etc.). If investors don't have the cash to pay taxes on annual value increments investors may be forced to liquidate their investments. Think of a kindergarten teacher who invested $50,000 in a Palo Alto home 40 years ago. Proposition 13 delays property taxes on the value increments of that home. But if the tax officials suddenly want 54% of the value increment in that home in 2020 that teacher most likely will be unable to keep the home because of a lack of cash to pay a cash tax on the annual value accrual.
Of course the high salaried tech workers in Silicon Valley will face an enormous
increase in their state income taxes. If they have great labor mobility (which
most of them have) many of them will leave the state such as Apple workers who
opt to transfer to Apple's $1 billion new plant in Austin, Texas ---
https://www.nbcnews.com/tech/apple/apple-breaks-ground-1-billion-texas-campus-trump-tours-manufacturing-n1087606
Those Apple employees remaining in California will demand higher wages to pay
the increase in taxes. In the end, customers of Apple around the world will pay
the taxes due to higher prices on Apple products and services.
Here's a question for students?
Why might most high salaried NBA players prefer to continue to play all their
games in Florida even after the lockdown is lifted?
Here's something to think about. When an Orlando Magic player plays in Los
Angeles that player will have to pay a 54% income tax for that LA game to the
State of California even though the player lives on Florida where there are no
state income taxes. If that game is played in Florida (as is the case under the
current pandemic) the Orlando Magic player saves all that California tax since
that game and all other games are now played in tax-free Florida. I suspect
LeBron James and the other hapless California residents still have to pay the
54% even if they play all their games in Florida. This is why California
athletes demand higher salaries than players living in lower tax states.
The Atlantic: The Princeton Faculty’s
Anti-Free-Speech Demands
Some of the signers of a controversial open letter don’t stand behind its most
alarming demand
https://www.theatlantic.com/ideas/archive/2020/08/what-princeton-professors-really-think-about-defining-racism/614911/
Joshua Katz Objects to Princeton University's
Open Letter
A Princeton professor has drawn anger from his
department and the university’s president after criticizing an open letter
signed by faculty members which made extensive “anti-racist” policy requests to
combat racism on campus, among which was the curtailment of academic freedom ---
https://dailycaller.com/2020/07/14/princeton-joshua-katz-quillette-anti-racism-faculty-academic-freedom/
Joshua Katz, a professor of classics at Princeton, published a “declaration of independence” in in Quillette days after more than 350 faculty members called on the university to adopt a series of “anti-racist” actions, some of which Katz says would “lead to civil war on campus.”
In the July 4 “Faculty Letter,” the signatories request Princeton’s administration implement measures they say will combat racism, including rewarding “the invisible work done by faculty of color with course relief and summer salary” and removing questions about felony convictions from admissions applications.
One request specifically called for punishment of “racist” academic work, reported Forbes. The letter demands a “Constitute a committee composed entirely of faculty that would oversee the investigation and discipline of racist behaviors, incidents, research, and publication on the part of faculty … Guidelines on what counts as racist behavior, incidents, research, and publication will be authored by a faculty committee for incorporation into the same set of rules and procedures.”
While Katz says he agrees with many of the ideas expressed in the faculty letter, he argued that many of the specific changes, if implemented, would stoke chaos and erode public confidence in elite higher education.
“It boggles my mind that anyone would advocate giving people—extraordinarily privileged people already, let me point out: Princeton professors—extra perks for no reason other than their pigmentation,” Katz writes, referencing the calls to reward faculty of color for “invisible work” and with a guaranteed one additional semester of sabbatical.
“Not incidentally, if you believe anti-blackness to be foundational, it is not a stretch to imagine that you will teach the 1619 Project as dogma,” he goes on.
Continued in article
Loyola University Maryland
is being criticized for removing the name of Flannery O'Connor from a residence
hall ---
https://www.insidehighered.com/quicktakes/2020/08/10/should-flannery-oconnor-be-name-residence-hall?utm_source=Inside+Higher+Ed&utm_campaign=cc6f8fdf0a-DNU_2020_COPY_02&utm_medium=email&utm_term=0_1fcbc04421-cc6f8fdf0a-197565045&mc_cid=cc6f8fdf0a&mc_eid=1e78f7c952
Sir Ronald Aylmer Fisher ---
https://en.wikipedia.org/wiki/Ronald_Fisher
The great statistician was also a racist who believed in the forced
sterilisation of those he considered inferior ---
https://www.newstatesman.com/international/science-tech/2020/07/ra-fisher-and-science-hatred
'Cancel
Culture' Is a Dangerous, Totalitarian Trend ---
https://reason.com/2020/08/07/cancel-culture-is-a-dangerous-totalitarian-trend/
Bob Jensen's threads on the
politically correct goose step in academe ---
http://faculty.trinity.edu/rjensen/HigherEdControversies2.htm#PoliticalCorrectness
From the CFO Journal's Morning Ledger on August 10, 2020
Companies can now use losses incurred before and during the pandemic to offset up to five years of past profits. What makes this moment particularly attractive: Congress is letting companies get refunds of taxes they paid at the 35% corporate rate that existed before 2018 rather than at today’s 21% rate.
Updates on Medical Insurance
Open immigration can’t exist with a strong
social safety net; if you’re going to assure healthcare and a decent income to
everyone, you can’t make that offer global ---
Paul Krugman
https://www.goodreads.com/quotes/724654-open-immigration-can-t-exist-with-a-strong-social-safety-net
Bob Jensen's threads on health insurance ---
http://faculty.trinity.edu/rjensen/Health.htm
Bob Jensen's
Tidbits Archives ---
http://faculty.trinity.edu/rjensen/tidbitsdirectory.htm
Bob
Jensen's Pictures and Stories
http://faculty.trinity.edu/rjensen/Pictures.htm
Summary of Major Accounting Scandals --- http://en.wikipedia.org/wiki/Accounting_scandals
Bob Jensen's threads on such scandals:
Bob Jensen's threads on audit firm litigation and negligence ---
http://faculty.trinity.edu/rjensen/Fraud001.htm
Current and past editions of my
newsletter called Fraud Updates ---
http://faculty.trinity.edu/rjensen/FraudUpdates.htm
Enron --- http://faculty.trinity.edu/rjensen/FraudEnron.htm
Rotten to the Core --- http://faculty.trinity.edu/rjensen/FraudRotten.htm
American History of Fraud --- http://faculty.trinity.edu/rjensen/FraudAmericanHistory.htm
Bob Jensen's fraud
conclusions ---
http://faculty.trinity.edu/rjensen/FraudConclusion.htm
Bob Jensen's threads on
auditor professionalism and independence are at
http://faculty.trinity.edu/rjensen/Fraud001c.htm
Bob Jensen's threads on
corporate governance are at
http://faculty.trinity.edu/rjensen/Fraud001.htm#Governance
Shielding
Against Validity Challenges in Plato's Cave ---
http://faculty.trinity.edu/rjensen/TheoryTAR.htm
· With a Rejoinder from the 2010 Senior Editor of The Accounting Review (TAR), Steven J. Kachelmeier
· With Replies in Appendix 4 to Professor Kachemeier by Professors Jagdish Gangolly and Paul Williams
· With Added Conjectures in Appendix 1 as to Why the Profession of Accountancy Ignores TAR
· With Suggestions in Appendix 2 for Incorporating Accounting Research into Undergraduate Accounting Courses
Shielding
Against Validity Challenges in Plato's Cave ---
http://faculty.trinity.edu/rjensen/TheoryTAR.htm
By Bob Jensen
What went
wrong in accounting/accountics research? ---
http://faculty.trinity.edu/rjensen/theory01.htm#WhatWentWrong
The Sad State of Accountancy Doctoral Programs That Do Not Appeal to Most
Accountants ---
http://faculty.trinity.edu/rjensen/theory01.htm#DoctoralPrograms
AN ANALYSIS OF THE EVOLUTION OF RESEARCH CONTRIBUTIONS BY THE ACCOUNTING REVIEW:
1926-2005 ---
http://faculty.trinity.edu/rjensen/395wpTAR/Web/TAR395wp.htm#_msocom_1
Bob Jensen's threads on accounting theory
---
http://faculty.trinity.edu/rjensen/theory01.htm
Systemic problems of accountancy (especially the vegetable nutrition paradox)
that probably will never be solved
---
http://faculty.trinity.edu/rjensen/FraudConclusion.htm#BadNews
Bob Jensen's economic crisis messaging http://faculty.trinity.edu/rjensen/2008Bailout.htm
Bob Jensen's threads --- http://faculty.trinity.edu/rjensen/threads.htm
Bob Jensen's Home Page --- http://faculty.trinity.edu/rjensen/