Tidbits Political Quotations
To Accompany the September 30, 2020 Edition of Tidbits
Bob Jensen at
Trinity University

The Jewish Express:  A Brief History of Antifa: Part I ---

The Jewish Experess:  A Brief History of Antifa:  Part II ---

FBI director calls antifa 'a real thing' ---

According to The New York Times, potentially 90 percent of those who have tested positive for COVID-19 have such insignificant amounts of the virus present in their bodies that such individuals do not need to isolate nor are they candidates for contact tracing ---

My Latest Web Document
Over 600 Examples of Critical Thinking and Illustrations of How to Mislead With Statistics --

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 ---

Debt to GDP Ratio by Country 2020 ---

Human Population Over Time on Earth ---

MIT's Links to Covid-19 Trackers Around the World ---

Johns Hopkins University:  Updated Map and Table on the Number of Coronavirus Cases for Every Nation ---
Accuracy is subject to wide margins of error for every nation and varies greatly between nations.

Covid019 in New Hampshire ---

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 ---


Beautiful News Daily (news and statistics to offset all of today's bad news) ---


 Here's a humorous and serious TED talk that seriously argues why the world needs billionaires


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.



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 ---


Miracle of Chile --- https://en.wikipedia.org/wiki/Miracle_of_Chile
Movie:  The Chicago Boys of Chile ---


Cuba’s Dubious Miracle ---


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 ---


After 40 years of capitalism, China’s income is divided almost as unequally as America’s ---


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 ---


Top 50 Billionaires in China ---

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 ---


"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 --- |



In 1785 the state legislature of Virginia unanimously rejected a proposal from evangelicals to free the state’s slaves ---


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 ---


It is not knowledge, but the act of learning, not possession but the act of getting there, which grants the greatest enjoyment.

Carl Friedrich Gauss


James Baldwin Talks About Racism in America & Civil Rights Activism on The Dick Cavett Show (1969) ---


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." ---
Also see Mathematical Analytics in Plato's Cave


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 ---
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 ---


History of United States Immigration Laws ---


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


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 ---


Walter E. Williams:  The Leftist Effort to Revise American History ---



Walter E. Williams:  The True Plight of Black Americans




Walter E. Williams:  Institutional Racism ---


Walter E. Williams:  Back to Academic Brainwashing ---

Walter E. Williams:  The Devil and Karl Marx ---


Is Racism Responsible for Today's Black Problems? ---


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?

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.


Walter E. Williams:  Insane News Tidbits ---


Milton Friedman:  The Lesson of the Spoons ---
Chopsticks would be even better


Rep. Ilhan Omar Calls For “Dismantling” of US “Economy and Political Systems” (VIDEO) ---
Jensen Comment
Republicans are most grateful that Omar played a huge role in getting Biden nominated


The Murder of Professor Schlick: The Rise and Fall of the Vienna Circle ---


They Know How to Prevent Megafires. Why Won’t Anybody Listen?


MIT:  Suppressing fires has failed. Here’s what California needs to do instead ---

CORONAVIRUS 25 years wiped out in 25 weeks: Pandemic sets the world back decades ---

Different Shades of Green
New Scientist:  Rare plant may prevent the first lithium quarry in the US from opening ---

Forbes: The Billionaire Who Wanted To Die Broke Is Now Officially Broke ---


Getting the Best from Wokeness by Having the Right Mean, Reducing the Variance and Mitigating the Losses from Extreme Values ---

Jensen Comment
Mitigating some losses from extreme values can be very expensive, as we already know from the cost of flood insurance.


Borrowing billions to balance New Jersey’s budget is very bad policy ---


The United States experienced 637 riots between May 26 and September 12, and 91% of those riots were linked to the Black Lives Matter movement, according to the US Crisis Monitor, a joint project of the Armed Conflict Location & Event Data Project and the Bridging Divides Initiative at Princeton University ---


Defunding the Police Has Its Consequences ---



BLM Protesters Target Georgetown CVS Because Employees Called Police on Shoplifters ---


Cincinnati Tenants Are Building Equity With Each Rent Payment ---


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

What does QAnon stand for?


From Washington to Trump, all presidents have told lies (but only some have told them for the right reasons) ---


Democrats in tight, key races in moderate states are shying away from supporting Joe Biden's debt cancellation and free college plans ---


Americans Want Homes, but There Have Rarely Been Fewer for Sale ---

Buyers are rushing to get more living space as the pandemic continues. But many potential sellers are keeping their homes off the market, resulting in the worst drought on record of previously owned homes for sale.

Report: China Forces Tibetans into Mass Labor Camps ---


MIT:  If China intends to be carbon free in 2060 why is it building so many coal plants?



A Guide to Voting by Mail ---


How To Vote In The 2020 Election: Click on your state in the map to see a lot of the information you need in order to cast a ballot this fall —


A new report finds a majority of students feel they can't express their opinions on campus, especially when they are in the ideological minority (think conservative economics)  ---
Report --- https://speech.collegepulse.com/

College Pulse, the Foundation for Individual Rights in Education (FIRE), and RealClearEducation have released the first-ever College Free Speech Rankings, a comprehensive comparison of the student experience of free speech on their campuses. These rankings are based on the voices of 20,000 currently enrolled students at 55 colleges and are designed to help parents and prospective students choose the right college.


Video:  Bing Crosby and Ingrid Bergman argue theory of education ---

The age-old question of when and how to assign low grades. Ingrid did not ask when to pass brain surgeons or bridge designers versus poets and artists. Today we might ask about what to do with police academy students who do not take learning about race relations content seriously? Ingrid also did not ask the question of whether grades motivate learners or whether a majority of students taking courses for pass-fail grades learn as much course content as learners getting grades A,B,C,D, or F. There's also a huge issue of how to deal with students who do not even try to learn in course content, an issue dealt with somewhat in the above video.

UCLA Reinstates Prof Suspended for Refusing to Change Exam or Grades for Black Students ---

Eliminating the Grading System in College: The Pros and Cons

The Disgrace of Grade Inflation in North America ---


Is Academe Awash in Liberal Bias? ---

Political views vary by discipline. Gross and Simmons found the highest concentrations of conservative faculty in business and health sciences (25 percent and 21 percent respectively). Computer science and engineering have a high proportion of moderates (78 percent) with a symmetrical split of liberals and conservatives (11 percent each).

These disciplinary differences matter, because students are not uniformly distributed across the disciplines. According to the National Center for Education Statistics, the two most popular majors are business and health sciences — the same fields with the highest concentrations of conservative faculty members.

Continued in article

Jensen Comment
The above article tries to make a case that academe is not awash in liberal bias. However when the most conservative faculty by discipline are 25% and 21% conservative it's pretty difficult to make a strong case that conservatives are not in a small minority in all of academe.

Pew Research Survey:  Political Bias and Anti-Americanism on College Campuses ---
by Walter E. Williams

Bob Jensen's threads on the liberal bias of academe are at


How to Mislead With Statistics

Robust Statistics --- https://en.wikipedia.org/wiki/Robust_statistics

Slate:  The Sturgis Biker Rally Did Not Cause 266,796 Cases of COVID-19 ---

Jensen Comment
One of the common mistakes in statistical and analytical analysis is to draw conclusions that are not suitably stable under slight variations of underlying assumptions. These mistakes are aggravated by making assumptions that are themselves highly questionable. Such mistakes are especially common in hostile political settings. I might note that the Slate magazine is highly left leaning. This article supports its claims of credibility ---



From a Chronicle of Higher Education Newsletter on September 17, 2020

An update on the Harvard case on race in admissions (of Asian Americans)

A federal appeals court in Boston heard arguments on Wednesday in a case that has challenged Harvard University’s consideration of race in admissions and that could have wide implications for affirmative action at selective colleges because it is expected to go to the U.S. Supreme Court. A recap: Harvard was accused by Students for Fair Admissions, or SFFA, of discriminating against Asian Americans in its admissions process. Last year a federal district judge in Boston ruled for Harvard, saying the university’s consideration of race in admissions was constitutional. But the judge also ruled that SFFA had not proved that Harvard admissions officers held any racial animus, nor did it present an Asian American applicant who should have or would have otherwise been admitted to Harvard. SFFA appealed that ruling, and made its case anew on Wednesday. Our Nell Gluckman has the highlights.


Tax, Class, Women, and Elder Care ---

Elder care is a large and growing sector in the comprehensive health care system in the United States. It is an issue of particular importance to women because women live longer than men, have higher incidences of degenerative ailments, and are more likely to be institutionalized. Women also face greater financial challenges in funding their health care maintenance. Whereas wealthy individuals enjoy a multitude of elder care choices and can even self-insure to avoid the steep expense and risk of long-term care insurance, most women do not possess the resources to exercise such a wide degree of choice. Middle-income women increasingly feel the squeeze of concurrent rises in medical and housing costs and must often engage in contingency Medicaid planning. Low-income women, particularly those who are single, living in rural areas, or members of an ethnic minority, have few viable health care options and are the most likely to be herded into institutional care facilities. Nursing homes carry high costs and often do not offer high-level or personalized care. Current tax policy, however, is structured to favor institutional care. Conspicuously lacking are adequate subsidies to facilitate home-based options and meaningful support for caregiving labors, both key factors that contribute to the dearth of care options for our poorest citizens. The tax system is in dire need of modification to address this exploding elder care crisis, requiring explicit acknowledgment of the need to generate revenues dedicated to fulfilling our public commitment to the basic welfare of this rapidly growing cohort of the American population.


From the CFO Journal's Morning Ledger on September 29, 2020

Rising insurance premiums are costing businesses millions of dollars they can ill afford as they navigate the pandemic. Many companies are responding by trying to manage risks on their own.
Some mainstream insurers have largely refused to pay out business-interruption claims made by companies hurt by shutdowns.

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


Bob Jensen's threads on health insurance ---


Bob Jensen's Tidbits Archives ---

Bob Jensen's Pictures and Stories

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 ---

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

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 ---

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

Bob Jensen's threads on corporate governance are at


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

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

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

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

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

Shielding Against Validity Challenges in Plato's Cave  --- http://faculty.trinity.edu/rjensen/TheoryTAR.htm
By Bob Jensen

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

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


Bob Jensen's threads on accounting theory ---

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

Bob Jensen's economic crisis messaging 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/