Tag: diet

Creative Accounting, or GO REBELS!

So Jeff Skilling got a new sentence handed down for his role in the financial shenanigans at Enron. Actually, it’s a reduction of the sentence he was given back in 2006 for stuff that happened throughout the 90s and caused the company’s collapse in 2004. In case you’ve forgotten:

Enron’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered worthless $60 billion in Enron stock. Its aftershocks were felt across the city and the U.S. energy industry.

That’s over and above defrauding local power companies and gouging “Grandma Millie.”

For years, Enron was able to make people think things were much better than they were. They were able to make people believe they were making money.

Which brings me to this item from ThinkProgress:

America’s colleges and universities used more than $2 billion in student fees — an average of more than $500 per student — to subsidize rapidly growing university athletic budgets, as Ohio University professor Richard Vedder wrote at BloombergView today. Those fees can top $1,000 a year at some schools, and as Vedder writes, reliance on them ends up making college more expensive for students and often places the burden on the poorest students. And most of the time, students don’t even know they’re paying the fees.

In addition to student fees, athletic programs are relying more on money from general university budgets, so taxpayers are also spending millions of dollars a year to cover shortfalls as athletic budgets continue to grow faster than academic budgets.

Now, I have long thought that the accepted wisdom of “sports brings in money and students so we have to fund it” was flawed. If sports are really profitable, why are students and taxpayers paying so much money to support them? I have suspected that the “accounting” used to make sports profitable would have made Jeff Skilling drool. How did they pay for the stadium? It would never have been built without wealthy donors who like having their names on buildings. What about the maintenance for that stadium? Oh, that’s a different budget. What about the scholarships for athletes? Another budget. The coaches? Oh, they’re faculty so that’s yet another budget. Security, ticket sales, advertising the big game? Three different budgets. So most of the expenses of a good athletic program are offloaded onto other areas, leaving only the juicy profits and the bragging rights.

The idea that the money for sports is — really, truly — being paid for by students rips back the curtain on the Great Oz. In an age where the cost of college is rising much faster than either inflation or the wages they can expect to earn, where a student loan crisis is on the horizon, how can any college justify these costs?

No wonder so many young adults don’t know how to handle money. Where would they have learned?

In case you didn’t get the title, University of Nevada Las Vegas’s sports teams are the Rebels. Enjoy this unintentionally hilarious radio ad. 

In Closing: a few items on the NSA, FBI, and the government spying on us including a petition you can sign; some stuff on food, obesity, additives, and whatnot; about time somebody used some freaking common sense; assorted nonsense about the latest attempt to make abortion so hard to get that it might as well be illegal; and corporate America running amok or returning from insanity.

R.I.S.D: Rest In Shorties Department

I Would Watch That!: I have been given permission to share my son’s brilliant idea for a new TV show: he calls it “Law and Order and Batman.”

Dumbasses: There are plenty of vegan parents out there who manage not to starve their babies to death.

Leia: 20 facts, 20 pictures, one princess.

Startling: The amount of data that cell phone companies might have.

Pope Francis: I could like this Pope.

Coincidence, I’m Sure: The Feds cut off Vegas’s counter-terrorism funds (whatever) the same day a “suspicious package” forced evacuation of Nellis AFB’s hospital and the day after a suspected pipe bomb was left by the side of the freeway.

Sheila Bair Sounds the Alarm: the banks are getting ready to screw the economy again.

On Expanding War: “[Our leaders] should not casually initiate conflict with only limited understanding of complex situations. It’s past time for greater caution in commitments of U.S. military forces, particularly in the Middle East.”

Here Comes the Sun: Sunshine turns out to be good for humans.

Let’s Get Physical: So is exercise.

Imagine: Today and here are the important things.

What?: A man and his bike and his cat.

What Would Bryan Boitano Do?: Bacon restaurant and bacon cocktails (check the slide show).

Extremism and Understanding: Turns out they don’t go together well.

Yuck: Margarine.

About Time: Costa Concordia captain finally facing a trial. Hey, let’s not rush into anything, it’s only been a year and a half.

Dave is Right: Let’s fix the real problems.

German Efficiency: Not always a good thing.

Valjean’s Confession: Right, because preventing desperate people from feeding their families will totally solve the problem of crime. I’ve said this about Megan’s Laws and I’ll say it about this: if we have decided that some people will always be criminals, they should be put in prison for the rest of their lives, but then we need to have a serious discussion about what that means.

America Knows Best

Sorry for the little hiatus. Finals are coming Real Soon Now and my writing has been monopolized by a paper on Henrietta Lacks and HeLa cells. Fascinating stuff. For a minimally sciencey version, check out this biography.

Depending what day it is, the world news front is likely to say something about Iran, North Korea, and/or Syria. Iran is developing nuclear technology, and probably weapons. North Korea is more open about their weapon development. The US is warning Russia that they had better not send Syria better missiles, particularly since Syria is accused of using chemical weapons.

Now make no mistake. I don’t think anybody really wants Iran or North Korea having nukes. I don’t think most people think a better armed Syria is a good thing. But here’s the thing: who gave us the right to enforce our opinion?

Who is the United States to tell another sovereign nation what weaponry it can or cannot have? Under what authority? What if some other country decided that the United States shouldn’t have nukes? Or aircraft carriers? Or [insert fancy piece of military technology here]?

I know a lot of people in the West don’t think much of Al Jazeera as a news source, but they are right to point out that the American bargaining position regarding Iran — and truly, all 3 nations — is a lot like trying to negotiate with Republicans: the only possible option is “do it our way or else.” Or, if you prefer to be more patronizing if not outright racist, “everything would run so much better if you brown people would do it our way like civilized people!”

Maybe, just maybe, international issues could be resolved more smoothly if we treated other sovereign nations like big boys and girls rather than little children who need our guidance.

In Closing: soda; I suspected as much; Jesus is coming, look busy; the Borgias are coming, look busy; um yeah, you can’t do that; student loan debt is officially bad for the economy; consumer spending is up and late mortgages are down (good news!); eVerify; Too Big To Fail must be Too Big To Exist; side effect; don’t forget that Federal law always trumps state law; and riiiiight, exactly where I want to go on Mother’s Day. Not.

Apples and Oranges

In the wake of Newtown and the failure of Congress to “Do Something Do Anything” about gun laws, various people have suggested bulletproof backpacks or even uniforms for school children, saying  “It’s no different to having a seatbelt in a car.”

No.

No, it’s very different from a seatbelt in a car.

First off, car crashes happen much more often than school shootings. If you live in a major metropolitan area, there was a car crash in your city today. I can almost promise that. I can also almost promise that there was not a school shooting in your city today. School shootings are rare; car crashes are not. It’s reasonable to take a routine precaution against injury for something that is unfortunately an everyday occurrence.

Further, I’d like to point out that we call them automobile accidents. Almost nobody intends to get into a car crash! While accidental shootings happen, nobody accidentally takes a loaded gun to a school. That’s premeditated. Always.

I might have bought “It’s no different from having a fire extinguisher.” After all, school fires are rare, but we’re awfully glad fire extinguishers are there if they happen. Oh, but we aren’t talking about equipping every student with a $269 fire extinguisher, now are we?

Don’t dare get on the “don’t you care about the safety of the children” high horse. If we really gave a darn about the children’s safety, we wouldn’t let schoolboys play football.

Speaking of schools and gun safety, I hope this disabuses anyone of the notion that armed teachers are an answer. I fully support your right to own a gun. I just don’t support your right to have it on campus.

In Closing: gee no kidding; speaking of job creation; To Big To Fail should be Too Big To Exist; empty calories; and Happy May Day.

We don’t want any trouble

Nobody wants to live in a bad neighborhood, right? And certainly nobody wants to live in the kind of place where the police are continually coming around.

But consider this situation. Imagine you get beaten up. As bad luck would have it, it happens a couple more times. The third time, the cops call your landlord and order him to evict you. After all, you’re a troublemaker. Bad things happen around you, and this town doesn’t want your sort here. Sound far fetched? Unfortunately, laws all over the country designed to make it easier to move known drug dealers and pimps into crappier areas evict criminal neighbors are being used to evict crime victims instead:

Last year in Norristown, Pa., Lakisha Briggs’ boyfriend physically assaulted her, and the police arrested him. But in a cruel turn of events, a police officer then told Ms. Briggs, “You are on three strikes. We’re gonna have your landlord evict you.”

Yes, that’s right. The police threatened Ms. Briggs with eviction because she had received their assistance for domestic violence. Under Norristown’s “disorderly behavior ordinance,” the city penalizes landlords and tenants when the police respond to three instances of “disorderly behavior” within a four-month period. The ordinance specifically includes “domestic disturbances” as disorderly behavior that triggers enforcement of the law.

After her first “strike,” Ms. Briggs was terrified of calling the police. She did not want to do anything to risk losing her home. So even when her now ex-boyfriend attacked her with a brick, she did not call. And later, when he stabbed her in the neck, she was still too afraid to reach out. But both times, someone else did call the police. Based on these “strikes,” the city pressured her landlord to evict. After a housing court refused to order an eviction, the city said it planned to condemn the property and forcibly remove Ms. Briggs from her home.

Sure, it’s “domestic assault.” It’s still assault, just as if some random guy beat her up  — except worse! If the cops told her, “Listen, he has to go and we will make sure he does,” that might be understandable. But no, just get out and try not to bleed on anything.

Unfortunately, neighbors that are afraid to call the cops are no better to have around than neighbors that violate the law. If you agree with the ACLU that “Effective law enforcement depends on strong relationships between police and members of the community,” you might consider sending them a couple bucks.

In closing: overdose; problem solving; on real estate, education, and commuting; parking; 15 out of 16 of us lost net worth between 2009 and 2001 (that’s after the real estate bubble popped, for those of you paying attention); one soda a day keeps insulin astray (ok, I strained to make that work); and an internet necessity.

Ides of March

Pi Day is over. Today is the anniversary of the assassination of Julius Caesar in 44 BC.  To the best of my knowledge, Caesars Palace is not planning any memorial events. A friend has suggested not celebrating with a salad.

In Closing: three political cartoons (render unto Caesar, eh?); oops, turns out the samples from Lake Vostok were contaminated; Yay! Vegas is not number one!; on the interpretation of study data; grumble; double a small number is still pretty small; wow; comfortable workers work harder (attention, Yahoo); hard to save anything when there’s nothing left; totally bombed; cord cutting; when there is no market, market forces don’t act.

 

Irrelevant?

Parts of the following are anonymized for what should be obvious reasons.

After class recently, I overheard a classmate loudly complaining that this particular class was “a waste of money” on material that “I’ll never use in [career].” I had other places to be, and better things to do than set this young person straight.

First, the class in question is a prerequisite to the degree program. You can’t even apply for the program until this class is completed with a decent grade — and by the way, many people fail this class. So even if the information does turn out to be “useless,” it has to be learned and learned well.

Second, the follow-on class — also a prerequisite — builds on this material and is extremely relevant to the career path in question. If you don’t understand the first class, there is no point in attempting to take the second class. I hope never to encounter someone in that career that didn’t understand the material in the follow-on class.

And finally, if my dear classmate would pay attention, it would become clear that the only irrelevant thing in the class is the attitude. At least this person does not pose serious competition for the seats in the program.

I had noticed that some of my class materials make an effort to relate classroom material to the real world. Nice, but I would have thought that some things are obvious. Clearly not. It turns out that many young people just can’t see the relationship between “what I am doing now” and “what I want to be doing a decade from now.”

This was reinforced by a pair of items I came across. Apparently there are people who think even the English language is irrelevant, despite the fact that any decent job will require reading and writing at a level far above what  I am seeing in the classroom.

In Closing: inequality; weight loss; personal finance; if it isn’t safe and educational, it doesn’t belong in a school; pay attention to the bottom chart; quack; megacommute; and astronaut wisdom.

Bath Salts Shorties

Bottom line: “Even healthy oils are not calorie free.”

“You only think you need medication for that”: 5 psychiatric disorders with probable genetic basis.

Ancient Sea Creature: “The fossilized animal, an arthropod called a fuxhianhuiid, has primitive limbs under its head, as well as the earliest example of a nervous system that extended past the head. The primitive creature may have used the limbs to push food into its mouth as it crept across the seafloor. The limbs may shed light on the evolutionary history of arthropods, which include crustaceans and insects.”

Unintended Consequences: Keep up the fight, Karl Rove!

Bonnie Franklin isn’t even buried yet and she’s spinning in her grave: “[I]f [a single mom] wants to increase her take-home pay, what does she do? She has another child out of wedlock, right?… If she wants to lose it all, she finds somebody to support her and she gets married.” Right. You just keep saying that in public, Senator.

Mostly, it’s the sugar: Salt Sugar Fat author speaks. So does Stanford.

Great Beaches: I’ve only been to #6 and #8. I think #8 is far superior.

Bad news for the economy: Personal income and savings suck.

Bad news for the future economy: The student loan bubble sucks harder.

This is not new, people: The IRS doesn’t care if you got your money illegally, you still have to pay tax on it.

And yet look for it to be in the immigration “reform” cramdown: eVerify is like a no-fly list from the depths of hell.