Archive for 2011
November 1, 2011
HIGHER EDUCATION BUBBLE UPDATE: Professor Denied Tenure For Using Socratic Method. “Some students didn’t take well to Steven Maranville’s teaching style at Utah Valley University. They complained that in the professor’s “capstone” business course, he asked them questions in class even when they didn’t raise their hands. They also didn’t like it when he made them work in teams.”
HIGHER EDUCATION BUBBLE UPDATE: The End of College Admissions As We Know It: Everything you’ve heard about getting in is about to go out the window.
If you’ve gone through the process yourself — or just read Andrew Ferguson’s excellent book, Crazy U. — your response is likely to be that it’s small loss.
DRIVER AND PASSENGER DUCKED JUST IN TIME: “With a little less luck, they would be kebab.”
1000 MILES with the Chevy Volt.
FROM GUIDO SARDUCCI, a solution to the higher education bubble. Heh. I was talking about this with someone the other day.
NEWS YOU CAN USE, IF YOU’RE LOST IN SPACE: Death by vacuum is not spectacular or instantaneous, unless the subject tries to hold his breath.
RICHARD EPSTEIN: The Shortsighted Keynesians. “It is never fun to be the bearer of bad tidings, but the blunt truth is that Obama’s jobs plan will not work.”
IN THE MAIL: From J. Wesley Bush, Knox’s Irregulars.
STACY MCCAIN: “Sources Say:” Herman Cain Meets The D.C. Media’s Scandal Factory. “The political scandal factory will keep grinding away, but Cain was smiling Monday at the Press Club when he described the bull’s-eye on his back as the Republican front-runner.”
I’ll just remind people of Pro Publica’s take: “Politico’s story on possible sexual harassment by Herman Cain may be the biggest investigative scoop of the campaign season. But it would be hard to deduce that from the facts as published. . . . It is clear from the story Politico posted Sunday evening that reporters made extensive efforts to figure out what happened. But much of what appeared came from anonymous sources whose knowledge appeared to be second-hand or unspecific.”
And I continue to ask: Would Jonathan Martin, Maggie Haberman, Anna Palmer and Kenneth Vogel have put their names on a similar piece, with no named sources, aimed at Barack Obama? Would Politico have run it? And how will people respond — will people respond? — to the next big “scoop” from Jonathan Martin, Maggie Haberman, Anna Palmer and Kenneth Vogel? Or from Politico?
JACOB SULLUM: Critics of Online Sex Ads Hide Behind Children.
IN JON CORZINE FIRM’S BANKRUPTCY, regulators look for the missing client money: “The revelation of the missing money scuttled an 11th hour deal for MF Global to sell a major part of itself to a rival brokerage firm. MF Global, the powerhouse commodities brokerage run by Jon S. Corzine, had staked its survival on completing the deal. Now, the investigation threatens to tarnish the reputation of Jon S. Corzine, the former New Jersey Governor and Goldman Sachs chief who oversaw MF Global’s demise, making it the first American victim of Europe’s debt crisis. . . . But regulators are examining whether MF Global diverted some customer funds to support its own trades as the firm teetered on the brink of collapse. If that was the case, it could violate a fundamental tenet of Wall Street regulation: Customers’ funds must be kept separate from company money.”
THIS IS WHAT YOU VOTED FOR, WHEN YOU VOTED FOR “HOPE AND CHANGE:” ACLU: Obama “Authorizing Agencies to Lie.” “While the Obama administration’s hostility to transparency is well known, its latest scheme would break new ground in government secrecy. The administration’s proposed changes to the Freedom of Information Act guidelines would allow the Department of Justice to deny the existence of documents and prevent judicial oversight.”
MICKEY KAUS: Now It’s Your Patriotic Duty To Avoid Early Cancer Diagnosis: “This argument is just heating up. If the cost-benefit experts think they will be deferred to by voters, they are in for a rude surprise. Everyone knows a handful of people who were saved by early detection.”
YOU MEAN “SNAKE OIL” MIGHT ACTUALLY TURN OUT TO BE GOOD MEDICINE? Snakes’ Feat May Inspire Heart Drugs. “In a paper in the current issue of Science, they report that a gorging python expands its heart by enlarging existing cells — a process called hypertrophy — and not by creating new ones. (It is not known whether snakes get heart disease.) A second finding is that a specific combination of three fatty acids produces enlargement of a python’s heart, intestines, liver and kidneys. Injections of the combination produce similar growth in the heart of a mouse. Understanding such exaggerated variations, the researchers say, could help them develop novel ways to delay, prevent, treat or even reverse various hereditary and acquired human diseases.”
GREEN FAIL (CONT’D): Green Bust In The UK As Subsidies Dry Up.
INVESTOR’S BUSINESS DAILY: Smoking-Gun Document Ties Policy To Housing Crisis. “The edict — completely overlooked by the Financial Crisis Inquiry Commission and the mainstream media — was signed by then-HUD Secretary Henry Cisneros, Attorney General Janet Reno, Comptroller of the Currency Eugene Ludwig and Federal Reserve Chairman Alan Greenspan, along with the heads of six other financial regulatory agencies. . . . Confronted with the combined force of 10 federal regulators, lenders naturally toed the line, and were soon aggressively marketing subprime mortgages in urban areas.”
WASHINGTON EXAMINER: Public school teachers make more than private sector workers.
THE HILL: Second Green Flop Stokes Controversy.
The White House is facing fresh political headaches over energy loans as a second Energy Department-backed company goes bankrupt and Republicans prepare to subpoena White House internal communications on the failed solar company Solyndra.
Beacon Power Corp., the energy storage company that received a $43 million Energy Department (DOE) loan guarantee last year, filed for bankruptcy over the weekend, prompting a fresh wave of GOP criticism of the embattled DOE loan program. . . . Beacon’s collapse will add new hurdles to White House efforts to get ahead of political attacks on the administration’s handling of the Energy Department’s loan guarantee portfolio.
Ya think?
SHOOTING THE MESSENGER: Fight over Argentina’s inflation rate pits government against private economists. “Graciela Bevacqua’s work, compiling inflation figures that turn out to be sharply at odds with Argentine government statistics, clearly irritates officials. First came a $125,000 fine, followed by a criminal complaint against her team of 20 university students.”
TIM CARNEY: Is David Axelrod Lying About Lobbyists?
I really try to avoid accusing people of lying, because one precondition of a lie is that the speaker knows what he is saying to be false. We simply can’t know what another person’s state of mind is. Often, comments come across as lies that are really misperceptions or ambiguous statements.
But what Axelrod said about the revolving door on CNN yesterday (highlighted in this Charlie Spiering blog post headlined “Tim Carney’s Head Just Exploded”) is not just demonstrably false, but it’s hard to imagine an intelligent human being in Obama’s inner circle not grasping how truly false and misleading it is.
Shocking.
A NEW BLOG FROM THE NATIONAL JOURNAL: LAW SCHOOL REVIEW.