Archive for 2013

HIGHER EDUCATION BUBBLE UPDATE: N.Y.U. Gives Its Stars Loans for Summer Homes.

Its most interesting feature, however, is not architectural, but financial. The house, which is owned by John Sexton, the president of New York University, was bought with a $600,000 loan from an N.Y.U. foundation that eventually grew to be $1 million, according to Suffolk County land records. It is one of a number of loans that N.Y.U. has made to executives and star professors for expensive vacation homes in areas like East Hampton, Fire Island and Litchfield County, Conn., in what educational experts call a bold new frontier for lavish university compensation.

If nonprofits were regulated like for-profits, this might get more scrutiny.

CAN OF WORMS: NSA’s Role in Two Terror Cases Was Concealed From Defense Lawyers. “When a senior FBI official told Congress the role the NSA’s secret surveillance apparatus played in a San Diego terror financing case today, nobody was more surprised to hear it than the defense attorney who fought a long and futile court battle to get exactly the same information while defending the case in court.”

REPORTER MICHAEL HASTINGS has died.

BARACK WHO? Obama’s Disappearing Act. “Obama practically disappeared from the scene (no calls to Cabinet officials, no convening in the Situation Room) on the night of the Benghazi, Libya, attack. He seems more concerned on the NSA flap with distancing himself from conservatives whom he loathes (‘I am not Dick Cheney’) and in Syria on protecting his self-image (he ends wars, doesn’t start them) than in taking the heat from Democrats. When coverage is not glowing, he becomes cranky with the media (as does his spokesman). He is most at ease campaigning before a crowd (whether it is an election or not) when he can accuse opponents of ill-will and flail away at straw men with no interruption.”

FIRST WORLD PROBLEMS: The Ethical Flap Over Birdsong Apps. “The ethics of using recordings to attract birds has been controversial since the days of clunky cassette machines. Now, anybody with a smartphone and a few dollars has instant access to the songs and calls of every species in the United States, and in quite a few foreign countries, too.”

MICKEY KAUS: Rubio Doubles Down Into Disaster. “Shorter Rubio aide: There’s a reason unemployed Americans are unemployed. They aren’t star performers. Screw ‘em. We’re bringing in workers from abroad! This is what opponents of the Gang of 8 have been arguing is the philosophy behind its proposed giant increase in the immigrant work force. Good to have confirmation.”

Related: HuffPo contributor confuses Matt Lewis with Mickey Kaus.