Posts Tagged ‘Chinua Achebe’
* The Silicon Valley-based company said to be revolutionizing higher education says in a contract obtained by Inside Higher Ed that it will “only” offer classes from elite institutions – the members of the Association of American Universities or “top five” universities in countries outside of North America – unless Coursera’s advisory board agrees to waive the requirement.
* Financialize everything: “The principle behind it, which is unique and could be far-reaching in the state and the country, is to say to private industry ‘you can do better financially by investing in high schools than you do investing in Wall Street,'” Steinberg said.
* Iraq + 100 is — or will be — a collection of 10 short stories set in different cities around Iraq, written by 10 different Iraqi authors, all with this particular twist: They must be set 100 years after the 2003 invasion.
* And the headline reads, “Don’t fear babies made with genes from three parents.”
* Less than 24 hours after last night’s Powerball drawing, reports confirmed that the two winners of the $587 million jackpot are both already divorced from their respective spouses, alienated from their friends and families, and completely bankrupt.
* Calvin and Hobbes search engine. Get it before it’s DCMA’d!
Finally, can you tell us something about what you’re working on now?
I don’t want to talk too much about what I’m working on, so I’ll just say that it’s a story about memory and the written word.
As for your term papers, I should like them to be both cynical and religious. I want you to adore the Universe, to be easily delighted, but to be prompt as well with impatience with those artists who offend your own deep notions of what the Universe is or should be. “This above all …”
If Rolling Jubilee’s tax position is incorrect, the consequences would be ugly. In many cases, the people it claimed it was helping would be worse off than if it had done nothing.
The forgiven debt would be treated as taxable income. If the individual is a non-taxpayer (as in has too little income) the debt forgiveness could push them into owning taxes, and for anyone who was a taxpayer in the year the debt was forgiven, would result in additional taxes owed.
The worst of this is that in many cases, the debt forgiven by OWS would be invalid debt: past the statute of limitations, discharged in bankruptcy, disputed, paid off but for some reason not removed from a bank’s systems. In these cases, if Rolling Jubilee’s tax view turns out to be incorrect, the borrower will be considerably worse off, since he could have disputed the invalid debt (and debt collectors tend to roll easily) but will now have to disprove the validity of the debt to the IRS. The result is that this shifts the burden of proof: in debt collection matters, the burden of proof is on the plaintiff, the debt collector, to demonstrate the validity of the debt and the amount owed. In disputes with the IRS, the burden of proof is with the taxpayer.
In addition, even if Strike Debt is correct in its gift argument, it would in some cases owe gift taxes. It does not appear prepared for this eventuality. Nor would winning on the gift question save it from running afoul of the private benefit question. Even a gift to an individual is a private benefit. If it were to lose its 501 (c)(4) status, Rolling Jubilee would owe additional taxes and penalties.
* Thomas Jefferson: American Fascist? The third president was a creepy, brutal hypocrite. And the very worst thing you’ll read today:
Jefferson, Finkelman tells us, was not a “particularly kind” slave-master; he sometimes “punished slaves by selling them away from their families and friends, a retaliation that was incomprehensibly cruel even at the time.” And he believed that ”blacks’ ability to reason was ‘much inferior’ to whites’ and that they were “in imagination they are dull, tasteless, and anomalous.” So what? Really – so what? If you want to think that he was a bad guy — or even a really bad guy, with truly grievous personal faults — you’re free to do so. But to claim that that has something to do with Jefferson’s historical legacy is truly preposterous.
* People on the Internet are going to have to start self-diagnosing themselves with something else: Asperger’s Dropped As Separate Condition From DSM-V.
* Nevertheless, these arguments are potentially more intellectually coherent than the ones that propose that the race is “too close to call.” It isn’t. If the state polls are right, then Mr. Obama will win the Electoral College. If you can’t acknowledge that after a day when Mr. Obama leads 19 out of 20 swing-state polls, then you should abandon the pretense that your goal is to inform rather than entertain the public. Obama has 431 ways to win; Romney has 76.
The Washington Post interviews Chinua Achebe for the 50th anniversary of Things Fall Aart.