Gerry Canavan

the smartest kid on earth

Posts Tagged ‘Tolkien

Friday!

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15 Geeky College Courses You Won’t Believe Actually Exist. The Tolkien class I’m inheriting is #8. Fall 2014!

“The rich get education and the poor get training,” Carnevale said. “It’s a way of reproducing class. The higher education system is now in cahoots with the economy to reproduce class.” Already, he added, “there are a lot of kids who are not getting a real education any more. They’re getting training.”

Double Majors Produce Dynamic Thinkers, Study Finds. That’s why I majored in both English and Philosophy.

When the Vietnam Veterans Memorial opened 30 years ago this month, something unexpected happened: People started leaving things at the wall. One veteran has spent decades cataloging the letters, mementos, and other artifacts of loss—all 400,000 of them.

The NYPD will arrest you for carrying condoms, but that depends entirely on who you are.

* More in NYPD-related travesties: Women who report domestic violence are exposing themselves to arrest under a new NYPD directive that orders cops to run criminal checks on the accused and the accuser, The Post has learned.

* The Washington Post is shocked, shocked to find money driving decisions in the NCAA.

* Now fourteen adults have been “functionally cured” of HIV.

* Well, there you have it: The Vatican lashed out at what it called a “defamatory” and “anti-clerical left-wing” campaign to discredit Pope Francis over his actions during Argentina’s 1976-1983 military junta, saying no credible accusation had ever stuck against the new pope.

Rob Thomas: I did get an email from Bryan Fuller earlier today saying, ‘Hey, can you jump on the phone with me at some point? I know you’re busy, but I would love to talk to you about how this thing works.’ And I know it was specifically for “Pushing Daisies.”

“Jesus, Grampa, what did you read me this thing for?”

* And in local news: A Wisconsin court has banned a local man from all the libraries on the planet after he was caught openly masturbating inside the Racine Public Library.

Thursday Night Links

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* This may shock you, but Thomas Friedman loves MOOCs. An Ad Hominem Attack Against Thomas Friedman. MOOCs R Us. MOOCs or BOOKs?

* Public higher education is about to cross a historic threshold, in which students pay a higher percentage than do states of the operating costs of colleges.

Mother who stole son’s education gets 12 years in prison.

* Two bad tastes that taste good together: Rand Paul filibusters drones.

* Apocalypse now: The amount of heat-trapping carbon dioxide in the air jumped dramatically in 2012, making it very unlikely that global warming can be limited to another 2 degrees as many global leaders have hoped, new federal figures show.

Planning for the Post-Income Economy. Fracking is starting to devour the US economy.

Elephant Poaching Pushes Species To Brink Of Extinction.

* The case for open borders.

The entrapment defense rarely succeeds, both in terrorism cases and more quotidian (usually drug-related) prosecutions, largely because “entrapment” means something very different in a courtroom than it does in ordinary usage. For nearly a century, the federal courts have allowed a criminal defendant to dodge criminal liability by showing that the governmentinduced her to commit an unlawful act. Once the accused makes such a showing, however, the government still has the opportunity to prove that she was predisposed to commit the crime, even before government agents entered the picture. If a jury accepts the government’s characterization, other factors—the nature or size of the “bait,” the complexity of the government artifice, or the independent wherewithal of the defendant to commit the crime—basically don’t matter: the defendant is still guilty. This means that when entrapment is at issue, the personality, reputation, criminal history, and political or religious beliefs of the accused become the centerpiece of the trial. Post-9/11 juries have had little trouble concluding that the disaffected Muslims (and occasional anarchists) ensnared by the FBI have been sufficiently “predisposed” to engage in terrorism.

* On writing fan fiction.

Recovering Lolita. My students have been pouring over this collection of Lolita book covers thanks to @sselisker.

* #slatepitches: What SimCity Teaches Us About Real Cities of the Future.

Ephemeral third ring of radiation makes appearance around Earth. If we lived in a comic book, I bet this story would be fifteen times as awesome.

Detailed Floor Plan Drawings of Popular TV and Film Homes.

See Stephen Colbert school James Franco on Tolkien mythology.

* A first look at The Grand Budapest Hotel.

FBI Investigating Drone Near Miss with Jet at JFK.

* TPM’s papal contenders cheatsheet.

* Smile Time: Community is doing an all-puppet episode, with actual puppets.

First Trailer for Joss Whedon’s Much Ado About Nothing.

Consequences of Repeated Blood-Brain Barrier Disruption in Football Players.

* And the latest issue of The New Inquiry posits time is the fire in which we burn.

This Week at Marquette! A Roundtable Discussion of Peter Jackson’s ‘The Hobbit: An Unexpected Journey’

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Please join us for a lively discussion of the first installment of Peter Jackson’s Hobbit movie trilogy, which opened in theaters on December 14, 2012.

Four Tolkien scholars will assess Jackson’s new film with audience comments and Q&A to follow:

Dr. Robin Reid, Texas A&M University (moderator)

Dr. Yvette Kisor, Ramapo College of New Jersey

Dr. Edward L. Risden, St. Norbert College

Richard C. West, UW-Madison

The event is free and open to the Marquette and Milwaukee communities. Space is limited so please telephone the library archives by noon on Wednesday, February 20th to pre-register: (414) 288-7256. Two parking structures (Wells Street between 12th and 13th; and 16th St. between Wisconsin and Wells) are open to visitors for a fee; a campus map and driving directions to campus are here. Questions about the event may be addressed to archivist Bill Fliss by e-mail or phone (414) 288-5906.

This event is the final for the 2012-2013 academic year to celebrate The Hobbit’s 75th anniversary. Read more about our 2012-2013 celebration.

It is made possible by the Tolkien Archives Fund established by the late Richard G. Blackwelder and augmented by a generous donation from trustee emerita Mrs. Mercedes Hurley Hughes.

Written by gerrycanavan

February 18, 2013 at 9:00 am

A Whole Lot of Sunday Night Links

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20130217* SNL wins a game: Djesus Uncrossed.

* Batman should never have revealed his secret identity.

* Dan Harmon explains his Joseph-Campbell-influenced theory of the “story circle,” in a few posts: 1 2 3 4 5 6

For the first time in its 120 year history the board of the Sierra Club has authorized the use of civil disobedience, to protest the proposed construction of the Keystone XL Pipeline.

The politics of the Papal Conclave are fascinating.

Pope Benedict XVI’s leaked documents show fractured Vatican full of rivalries. Pope blesses thousands at Vatican as details of ailments emerge.

* Speechless:

As early as this April, Yale plans to welcome a training center for interrogators to its campus.

The center’s primary goal would be to coach U.S. Special Forces on interviewing tactics designed to detect lies. Charles Morgan III, a professor of psychiatry who will head the project, calls these tactics “people skills.” These techniques would be honed using New Haven’s immigrant community as subjects.

* Cooper Union will probably not be free anymore.

Roopika Risam on breaking the silence of the job search.

* Freddie deBoer: I’ve been making the case (again and again and again) that the constantly-expressed notion that we’ll have full employment if people are just smart and go into STEM fields is empirically indefensible. Adam Kotsko: What is education actually for?

* Margaret Atwood teases Maddaddam:

“Maddaddam begins where The Year of the Flood finishes and goes on from there,” she says. “It explores what happens when the conventional humans and the new creations find themselves in the same space. You can see that there might be some cultural misunderstandings.”

* Comics explained: the backstory of Rachel Summers. It couldn’t be simpler!

* Aaron Bady on Ngugi wa Thiong’o's In the House of the Interpreter.

* The New York Times profiles flood management technology in the Netherlands.

Could our universe be located within the interior of a wormhole which itself is part of a black hole that lies within a much larger universe? And that universe is on the back of an even larger turtle…

Forest Whitaker Accused of Shoplifting, Frisked at Upper West Side Deli.

* Obama says kill the penny. He would say that. He hates capitalism.

* Senator Warren, not bad.

Equal Opportunity, Our National Myth.

* Kidding on the square: another National Review blogger calls for the repeal of the 19th Amendment.

* Gasp! Deregulation May Not Have Lowered Air Fares After All.

* The phenomenology of solitary confinement.

* Surveying self-confessed rapists.

How to be a Person in the Age of Autoimmunity.

* Data-crunching the Internet Adult Film Database.

* Data-crunching the Lord of the Rings.

* The Internet has finally developed impermanence technology.

* And Iceland might ban Internet porn.

Halla Gunnarsdóttir, an adviser to the interior minister, explains the country’s anti-smut rationale to The Guardian:

“We are a progressive, liberal society when it comes to nudity, to sexual relations, so our approach is not anti-sex but anti-violence. This is about children and gender equality, not about limiting free speech…”

This is Iceland, after all. Prime Minister Jóhanna Sigurdardóttir is the first openly lesbian government head in the world. It’s already illegal to print and distribute porn within the country, and since 2010, strip clubs have been prohibited as well…

Finally Back in Milwaukee Links

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The fact that animals were for a long period of European history tried and punished as criminals is, to the extent that this is known at all, generally bracketed or dismissed as amere curiosity, a cultural quirk.

Arrested Development Season 4 episode titles revealed.

H.P. Lovecraft’s Advice to Young Writers.

* January 1, 1946: two Marine divisions faced off in the so-called Atom Bowl, played on a killing field in Nagasaki that had been cleared of debris.

The future is bright at Monsters University. I agree wholeheartedly with my Marquette colleague who hopes there’s a ton of confusion about MU in the future.

* Traxus and Kotsko on Django Unchained. Bonus Kotsko New Year’s Resolution! Stop paying attention to non-stories.

What Could Have Entered the Public Domain on January 1, 2013?

* Women’s gangs of India.

* The Death of the American Shopping Mall.

* The Penn State shitshow continues: Pennsylvania Governor Tom Corbett will announce a federal lawsuit against the NCAA tied to the historic sanctions levied against Penn State in the wake of the Jerry Sandusky scandal. Corbett will hold a press conference on Wednesday morning in State College, Pa., to announce the suit, which will be filed by the state.

* “I don’t think I would do a terrible job at a Han Solo backstory. I could do that pretty well. But maybe that would be better as a short.” An interview with Wes Anderson.

The Macroeconomics of Middle Earth.

Could going to Mars give future astronauts Alzheimer’s disease?

Can being overweight actually make you live longer?

* A Pickpocket’s Tale.

A few years ago, at a Las Vegas convention for magicians, Penn Jillette, of the act Penn and Teller, was introduced to a soft-spoken young man named Apollo Robbins, who has a reputation as a pickpocket of almost supernatural ability. Jillette, who ranks pickpockets, he says, “a few notches below hypnotists on the show-biz totem pole,” was holding court at a table of colleagues, and he asked Robbins for a demonstration, ready to be unimpressed. Robbins demurred, claiming that he felt uncomfortable working in front of other magicians. He pointed out that, since Jillette was wearing only shorts and a sports shirt, he wouldn’t have much to work with.“Come on,” Jillette said. “Steal something from me.”

Again, Robbins begged off, but he offered to do a trick instead. He instructed Jillette to place a ring that he was wearing on a piece of paper and trace its outline with a pen. By now, a small crowd had gathered. Jillette removed his ring, put it down on the paper, unclipped a pen from his shirt, and leaned forward, preparing to draw. After a moment, he froze and looked up. His face was pale.

“Fuck. You,” he said, and slumped into a chair.

Robbins held up a thin, cylindrical object: the cartridge from Jillette’s pen.

A moment of dreaming about higher education.

* And Jaimee has some new poems up (with rare audio!) at Unsplendid.

Midweek Links

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* Erik Loomis is being targeted by prominent figures on the right in what has to be the most ludicriously unfair, bad-faith attack I have ever seen.

Walker declares state of emergency in Wisconsin due to snowstorm.

Guide to Answering Academic Job Interview Questions.

Argument Over Sandy Hook Shooting Ends in Gunfire. Why Won’t We Talk About Violence and Masculinity in America? Gun Violence In American Schools Is Nothing New. Top Conservative Publication: Shooting Occurred Because Women Ran The School. Weaponize the husky twelve-year-olds. Virginia Republican Legislator Actually Wants To Require Concealed Weapons In Schools. The Arms Race of Stupid.

I can’t help wondering if the bullets of Sandy Hook Elementary will be for Obama what the snarling dogs and high-pressure fire hoses of Birmingham, Alabama, were for John F. Kennedy in 1963: the human tragedy that will force him to take a political risk, simply because it is right.

Conservative Historian Warns Obama and Democrats are ‘Much More Radical’ than Marxists. So much more radical. So much more.

Best Astronomy Images of 2012. (Keep scrolling past the image for more links.)

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Wayne State faculty gives OK to union leadership to call strike if necessary.

* Terrible person to teach terrible class at terrible university.

* News from Nerdistan: What Frodo would have looked like as Gollum. Joss Whedon wanted the Wasp and an extra villain in The Avengers. Tolkien vs. technology. Someone at Disney is already trying to lay the groundwork for a second sequel trilogy after Star Wars 7-9. Nearby Tau Ceti may host two planets suited to life. Netflix Instant Adds a Bunch of Fake ‘Arrested Development’ Shows and MoviesLEGOs run the world now.

It’s time to start asking serious questions about the safety of lube.

Here: an exercise in choice. Your choice. One of these tales is true.

* Petraeus Scandal 2.0. Nothing about sex, so no one will care.

* Matt Yglesias has the most logical incoherent “think piece” you’ll read on Society Security today. Money doesn’t magically become not-money when it’s spent by retirees.

* Plans to avoid the fiscal cliff cut government more than the fiscal cliff. Why, it’s almost as if this whole debate is total bullshit!

Shale Oil Might Be Less Awesome Than We Think. From a personal perspective, I doubt that’s possible.

Top 20 most valuable college football programs all made at least $24 million in profit last year, according to Forbes. $200K Average Salary for Asst. Football Coaches in Major Programs. Bill Introduced for IRS to Collect Student Loan Payments.

Justin Draeger, president of the National Association of Student Financial Aid Administrators, said he supported the bill, arguing it could “nearly eliminate student loan default.”

But the reinvention conversation has not produced the panacea that people seem to yearn for. “The whole MOOC thing is mass psychosis,” a case of people “just throwing spaghetti against the wall” to see what sticks, says Peter J. Stokes, executive director for postsecondary innovation at Northeastern’s College of Professional Studies. His job is to study the effectiveness of ideas that are emerging or already in practice.

The Wreckage of the Deepwater Horizon is Emitting a Mysterious Substance Into the Gulf of Mexico.

Quentin Tarantino Says Drug War, Justice System Are Modern Day Slavery.

Apocalypse and Revelation Are the Same Word.

* And life’s not all an endless series of miserable atrocities: Found: Whale Thought Extinct for 2 Million Years.

Weekend Links

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Tolkien Class At Wis. University Proves Popular. Marquette English hits the big time.

A decade-long spending binge to build academic buildings, dormitories and recreational facilities — some of them inordinately lavish to attract students — has left colleges and universities saddled with large amounts of debt. Oftentimes, students are stuck picking up the bill.

* Legal systems and/as the history of imperialism and colonialism.

Qd2wi

* The New York Times drops its oppo research on Cory Booker.

When snow blanketed this city two Christmases ago, Mayor Cory A. Booker was celebrated around the nation for personally shoveling out residents who had appealed for help on Twitter. But here, his administration was scorned as streets remained impassable for days because the city had no contract for snow removal.

Last spring, Ellen DeGeneres presented Mr. Booker with a superhero costume after he rushed into a burning building to save a neighbor. But Newark had eliminated three fire companies after the mayor’s plan to plug a budget hole failed.

* California judge declares that women’s bodies can prevent rape. Don’t worry, folks — he’s already been admonished. Still a sitting judge, but admonished.

* American Exceptionalism: The Shootings Will Go On.

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* So it’s okay when he says it: “The truth of the matter is that my policies are so mainstream that if I had set the same policies that I had back in the 1980s, I would be considered a moderate Republican.”

* Glenn Greenwald has seen Zero Dark Thirty.

The fact that nice liberals who already opposed torture (like Spencer Ackerman) felt squeamish and uncomfortable watching the torture scenes is irrelevant. That does not negate this point at all. People who support torture don’t support it because they don’t realize it’s brutal. They know it’s brutal – that’s precisely why they think it works – and they believe it’s justifiable because of its brutality: because it is helpful in extracting important information, catching terrorists, and keeping them safe. This film repeatedly reinforces that belief by depicting torture exactly as its supporters like to see it: as an ugly though necessary tactic used by brave and patriotic CIA agents in stopping hateful, violent terrorists.

More from the New Yorker.

* This time Obama is totally going to keep his promises about drug enforcement.

Why race matters after Sandy.

* UC surrenders, zunguzungu named chancellor.

* China Miéville vs. science fiction.

* Twenty-seven-year-old single mother of three sentenced to life imprisonment for bag holding the same day HSBC declared officially above the law. Outrageous HSBC Settlement Proves the Drug War is a Joke.

School cafeteria worker fired for helping needy student. You know, Christmastime.

Late Night Thursday!

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* Freddie deBoer has a new post with a list of liberals who want to be forced to endorse torture if anyone is still interested in fighting about that.

* The @dronestream account tweeting U.S. drone attacks since 2010 has demonstrated that drones have been targeting first responders, which is a war crime.

* “My work did not ‘evolve’ into a serious work. It started like that,” states a somewhat testy J.R.R. Tolkien in response to a request for information about himself and his books from Miss Bradley at the London office of the New York Times.

* Let’s stop sports welfare.

* And DC crosses the self-parody event horizon, rebooting Captain Carrot as a grizzled, drunken space veteran who’s seen it all.

carrot-krot

Tuesday Night Wrapup

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* From the too-good-to-check file: Samuel Beckett Used to Drive André the Giant to School, All They Talked About Was Cricket.

* This scandal has everything! Jeb Bush caught up in LEGO-related corporate corruption.

* The new UC logo may be done with Aaron Bady, but Aaron Bady is not yet done with the UC logo.

* Today in how we are doomed.

* Today in Kirk/Spock slash: On “The Footnote.”

* Louis C.K. vs. Vanity Fair.

What is your idea of perfect happiness?
Not ever having to fill out this questionnaire.

Increasingly extreme weather is worsening food insecurity, displacement and other problems for rural families in Bangladesh, effectively robbing them of basic human rights, argues a report released on Monday.

Chicago Sets Record For Consecutive DaysWithout Snow.

* Study finds half of those shot by police are mentally ill.

To be a philistine, before we dismiss the possibility of major public support for the humanities, we need to picture ourselves with money.  Humanities faculty, I suggested in Austin, should then come together to design the proper infrastructure–staff research support, research-learning undergraduate courses, the copy writing, editing, and printing facilities, the relationships with institutional advancement, the distribution channels, travel and meetings, conference circulation and return invitations, the whole ensemble of people and activities that define healthy, modern, and socially valuable research divisions. We need to cost it out at each of our institutions. Then we need to enlist chairs, deans, and administrations to develop a multi-year plan to make this redevelopment happen.

Every day, offenders are sent out to perform high-risk police operations with few legal protections. Some are juveniles, occasionally as young as fourteen or fifteen. Some operate through the haze of addiction; others, like Hoffman, are enrolled in state-mandated treatment programs that prohibit their association with illegal drugs of any kind. Many have been given false assurances by the police, used without regard for their safety, and treated as disposable pawns of the criminal-justice system.

* Michigan is your next flashpoint for the war on labor.

* Things From Thomas More’s Utopia That Have Come True Today.

It’s not that I think liberals support torture. No, I think liberals want to be forced to support torture. What liberals want is ultimately to do what conservative hawks want to do, but only after experts and leaders assure them that they have no choice. They want extreme events to make the choice for them.

image-of-the-day-know-you* Hobbit Dwarves Cheat Sheet.

* Do we live in a computer simulation? UW researchers say idea can be tested.

* ‘The despair that I felt was overwhelming’: on teaching in a New Orleans charter school.

* SEK: Against (the late) Springsteen.

“A lot of us are campaign officials — or campaign professionals — and we want to do everything we can to help our side. Sometimes we think that’s voter ID, sometimes we think that’s longer lines — whatever it may be,” Tranter said with a laugh.

Is an education crisis good for business? As the Ed Week reporter cited above pointed out, “There are market trends that support that theory. The commercial education market grew significantly in the past four years, but no segment grew faster than instruction and services. Companies like the virtual learning providers K12 Inc. and Connections Academy, or the publishers-turned-service-providers Pearson and Houghton Mifflin Harcourt, fit that bill.”

* Calvin v. Santa.

* Oh, there it is.

* Bill Clinton concedes the drug war hasn’t worked. Gasp!

* “Jedi” is the most popular alternative faith in England.

* And Man of Steel trailer releaZZZZzzzzzz…

‘I Could Have Read Past This Point in the Book in the Time It Takes Jackson to Show It’

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I spent that time pondering what it would have been like if earlier movies had so stingily dealt out their adventure stories: If Star Wars ended with Obi-Wan Kenobi saying, “That’s no moon — it’s a space station.” If Raiders of the Lost Ark closed will Salah shouting, “Indy! I can see the map room!” If Gremlins ended at 11:59 p.m.

How Much of The Hobbit Can You Read During the Running Time of The Hobbit?

Written by gerrycanavan

December 9, 2012 at 11:14 am

‘Frodo Shot First’

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Written by gerrycanavan

December 5, 2012 at 12:18 pm

So They Screwed Up The Hobbit

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Boing Boing reports.

There are elements in this new film that are as spectacular as much of the Rings trilogy was, but there is much that is flat-footed and tedious as well, especially in the early going. This might be one venture where, rather than DVDs offering an “Expanded Director’s Version,” there might be an appetite for a “Condensed Director’s Cut” in a single normal-length film.

Written by gerrycanavan

December 5, 2012 at 8:07 am

Wednesday Night

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* Vu has an update on yesterday’s most important story: it was Tolkien vs. Lewis.

* Seems fair: Pennsylvania State University’s ousted president Graham B. Spanier received $3.25 million in taxable compensation for 2011 – including a $1.2 million severance payment given in the wake of his forced resignation that year, the university announced on Wednesday.

A man and woman are drawn together, entangled in the lifecycle of an ageless organism. Identity becomes an illusion as they struggle to assemble the loose fragments of wrecked lives. Miracles and wonders: Shane “Primer” Carruth is working on a new film.

* Only immortal jellyfish can save us now.

* Warren Buffet proposes a minimum tax for the rich.

new report from international NGO Global Witness suggests that, in the past decade, 711 individuals have been killed while defending land and forest rights. 106 of these deaths allegedly came in 2011, with the number killed almost doubling over the past three years.

* Crazy-good anamorphic optical illusion.

* Retiring Minnesota grocery store owner gives his stores to his employees.

* Back to the moon!

* And a map of life expectancy by country. The US doesn’t crack the top 25…

Monday Night Links

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* The kids are all right: Last Friday night, the Harvard College Undergraduate Council announced that the student body had voted 72% in favor of Harvard University divesting its $30.7 billion endowment from fossil fuels.

* Barbarians at the Wormhole: On Anthony Burgess.

The trope of invasion is doubly brilliant, first because the invasion plot is a mainstay of SF and second because the trope captures quite neatly what it must feel like for some literary intellectuals to be forced to confront the increasing cultural cachet of SF, to face its meteoric rise over the last thirty years from lowbrow genre to literary respectability. The genre now comfortably occupies university syllabi, best-of lists, and handsome Library of America editions — though some hardened highbrows might suspect its popularity is more a function of marketing than of quality.

For all its brilliance, Clowes’s trope of invasion makes an important mistake, failing to note that the invasion is largely moving in the other direction. After all, one wouldn’t expect Asimov’s Science Fiction to run a special issue featuring “literary fiction,” but publications like the New Yorker apparently do feel the need for a science fiction issue, perhaps trying to freshen themselves up by tapping into the unruly energies of a disreputable genre. Indeed, the lure of the so-called low genres — and SF in particular — has long proven irresistible to those who otherwise fashion themselves as literary types, at least since Kingsley Amis’s classic 1960 study of the genre, New Maps of Hell.

Clowes’s New Yorker cover is, in fact, a perfect example in miniature of the subgenre Amis called the “comic inferno” — humorous dystopias such as those written by Frederick Pohl, C.M. Kornbluth, and Robert Sheckley. This subgenre, by Amis’s account, mocks ideas of progress in its humorous rendition of dystopian futures. What is dystopian about Clowes’s comic cover is very precisely that SF cannot be ignored, that it disrupts the bourgeois regularity and comfort that informs the imagination of hypothetical readers of The New Yorker. The genre — which always bears with it the threatening knowledge that the world might change inexorably, beyond human control, or at least beyond the control of those who are humanistically inclined — cannot be ignored, because the signs of our world’s deepening state of crisis (political, technological, environmental) cannot be ignored.

* Bonus: “Anthony Burgess Answers Two Questions” by Jonathan Lethem.

Not only are student loans not a burden on the federal government, they’re a good investment. In 2012 the DOW estimated its subsidy for student lending at -17 percent. In other words, the DOE “subsidies” actually represent money coming in. Including all expenses, from loses on defaults to debt collection to program administration, the DOE will pull in more than $25 billion in profit from student lending this year alone—billions more dollars than the IRS will assess in gift and estate taxes combined, and more than enough to pay NASA’s whole budget. The DOE explains the negative subsidy through a divergence between “the Government’s borrowing rate and the interest rate at which borrowers repay their loans.” After all, no one can borrow at lower rate than the U.S. Treasury, certainly not college students and their families. Bondholders aren’t the only ones who think student debtors—including defaulters—will pay back every cent they owe, with interest. The government is literally counting on it.

* The headline reads, “Charges dropped against man arrested for wearing an elaborate wristwatch.”

* Elmo accuser wants to retract his retraction. Hostess may survive after all.

Hostess Bankruptcy Has Worked Out Well for CEO Brian Driskoll.

This is not identical to the story with the American Airlines bankruptcy, but there’s something similar about it. There the CEO gets a large payday if he can avoid a merger, regardless of the value for the enterprise.

The handwriting is on the wall. Until Republican candidates figure out how to perform better among non-white voters, especially Hispanics and Asians, Republican presidential contenders will have an extraordinarily difficult time winning presidential elections from this point forward.

JSTOR provides free access to Wikipedia editors via pilot program.

* Cory Booker to live on food stamps for a week.

My name is R______. I am six years old. I think it’s not fair to only have 5 girls in Guess Who and 19 boys. It is not only boys who are important, girls are important too. If grown ups get into thinking that girls are not important they won’t give little girls much care.

* Remixed trailer of the moment: Gotham High.

* And a new game: impressions of Sean Connery as Gandalf. Oh, what might have been!

How Did I Know What to Say? They Had My Lines Written Down on a Script

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The Hobbit has broken Sir Ian McKellen.

“In order to shoot the dwarves and a large Gandalf, we couldn’t be in the same set. All I had for company was 13 photographs of the dwarves on top of stands with little lights – whoever’s talking flashes up. Pretending you’re with 13 other people when you’re on your own, it stretches your technical ability to the absolute limits.

I cried, actually. I cried. Then I said out loud, ‘This is not why I became an actor’. Unfortunately the microphone was on and the whole studio heard.”

Written by gerrycanavan

November 19, 2012 at 1:57 pm

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