Posts Tagged ‘the debt’
Wednesday Wega-Links!
* Ken Burns presents: The Humanities.
* My Pop Culture Series might have to be all Harry-Potter-themed this fall: Harry Potter and the Cursed Child comes out in July, then the Fantastic Beasts screenplay in November…
* I was hoping the other magic schools wouldn’t have four houses. But just tell me which one is Ravenclaw and get it over with.
* Something happens to you out there: Astronauts and the Overview Effect.
…administrators have effectively developed a hidden curriculum that they exclusively control to further sideline the faculty. Never mind that the courses offered in this hidden curriculum focus on life skills and various types of political indoctrination related to race, gender, and ethnicity, subjects that the deanlets and deanlings are hardly qualified to teach. Add to this, speech, civility and anti-harassment codes, which administrators use with great effectiveness to silence faculty and student critics who interfere with administrative designs. These same administrators often rely upon outside agencies and licensure groups to discipline the faculty with outside assessment measures, threatening the faculty with the school’s possible loss of accreditation. Administrators often interfere with well-running programs, attempting to change their structure to the point of ensuring their failure.
* Banned instructor sues Inver Hills Community College, saying he was defamed. Just incredible.
* Political science department chair Eric Schickler said in an email that there was no longer a bond of mutual trust between faculty and the administration. He added that there were concerns among faculty that major donors were being steered toward supporting the Berkeley Global Campus project in Richmond rather than core campus research and teaching missions. “Shared governance requires a shared vision and shared trust between faculty and those at the top,” Schickler said. “Many of us believe that the chancellor’s poor decisions have eroded that trust to the breaking point.”
* Call for Provocations: Stealing from the University – extended deadline.
This is our first call for provocations that demand we go beyond familiar complaints and challenge ourselves to organize. Recent student-led uprisings at Missouri, Ohio State, Duke, Appalachian State, and UC Davis, among many others, open up possibilities of re-purposing university-based resources for radical movements. How can we take the relay from these uprisings to expand insurgent practices of studying-in-movement?
* And it looks like it’s that time of the semester again: “Should I go to grad school in the humanities?”
* Dark Posthumanism: The Weird Template.
* When Teller directed The Tempest.
* Today in exciting political developments: Trump Selects a White Nationalist Leader as a Delegate in California. At least nothing else incredibly dangerous and destabilizing is happening!
* West Virginia is neither a secret socialist stronghold nor a racist fever-dream. It is one of several bleeding edges of a sharply unequal country, where people who never had much are feeling as pressed as they can remember ever being. Some are bigots. Many are not. Some, no doubt, find that Trump’s cocktail of arrogance and disgust, grievance and triumphalism, reassuringly resembles their own psychic survival strategies, blown up into world-historical dimensions. Others are voting for the socialist for the same reason they voted for the Chicago community organizer: a desire for a more equal society, born out of the lived experience of inequality. Maybe future organizing and leadership, like the decades-long fight that first built the unions and the Democratic party in the coalfields, will show that they are not alone in that. What West Virginia Is Saying.
* Data visualization in the Anthropocene.
* One in five of world’s plant species at risk of extinction. Sea Level Rise Is Here, And Is Gobbling Up Islands.
* Sold in the room: Philip K. Dick Is Getting an Anthology Show, Courtesy of Bryan Cranston and Ronald D. Moore. Elsewhere in TV news: Locke & Key! Uh, Wheel of Time, I guess? Krypton, really?
* And elsewhere in PKD news: One of the TAs in an Artificial Intelligence Class Was Actually an A.I.
* How Do You Put Out A Subterranean Fire Beneath A Mountain Of Trash? Stop me if you’ve heard it.
* Oof.
* And oof.
* Our Awful Prisons: How They Can Be Changed.
* The one thing rich parents do for their kids that makes all the difference. The answer may shock you!
* This GIF of pre-CGI superhero jumps proves actors are just okay at jumping. The best thing on the Internet this year.
* The law, in its majestic equality: Poor People Don’t Stand A Chance In Court.
* Huge, if true: School principal: ‘Harry Potter’ and ‘Lord of the Rings’ cause brain damage.
* Someone’s been watching too much Game of Thrones: “Ultimately, There Is No Narrative without Death.”
* Why So Many Smart People Aren’t Happy.
* If Philosophy Won’t Diversify, Let’s Call It What It Really Is. A reply.
If those text reproduce ideology, and therefore reproduce empire’s projects of conquest, enslavement, and colonialism, then we can’t just say “nothing is intrinsically wrong.” We in fact have to be open to the notion that these texts are entangled in the most violent, destructive ideas in world history. That they are rooted in whiteness and what whiteness meant in those moments: the right to murder and steal and subjugate.
* Civilization 6 Has Been Announced And It’s Out This Year.
* The Vision and the Scarlet Witch Have Had Marvel Comics’ Most Fucked-Up Superhero Romance.
Weekend Links
* Now we see the violence inherent in the system: Unreturned library books can mean jail time.
* It’s intuitive but wrong to picture the public debt as private debt we’re all on the hook for. In reality, public debt isn’t really properly thought of as borrowing at all, according to Frank N. Newman, former deputy secretary of the U.S. Treasury under President Clinton. Since the U.S. doesn’t need to borrow back the dollars it originally spent into existence in order to spend them again, the purpose of issuing Treasuries is really just for “providing an opportunity for investors to move funds from risky banks to safe and liquid treasuries,” he writes. Investors aren’t doing the U.S. a favor by buying treasury securities; the U.S. is doing investors a favor by selling them. Otherwise, without the option “to place their funds in the safest most liquid form of instrument there is for U.S. dollars,” would-be bondholders “are stuck keeping some of their funds in banks, with bank risk.”
* We frack the places we’ve already abandoned.
* Sherlock Holmes, First Published in 1893, Is Officially in the Public Domain in the US.
* Twitter account of the night: @ClickbaitSCOTUS.
* The problem with white allies.
* An Open Letter to the Makers of The Wolf of Wall Street, and the Wolf Himself. How the “Wolf of Wall Street” Is Still Screwing His Real-Life Victims.
* Institutional Prestige and the Academic Caste System.
* What happens to workers when jobs becomes gigs? The Fear Economy.
* An administrative law judge in Florida this week upheld new rules by the State Department of Education that require significantly more of state college faculty members — particularly in the areas of student success — for them to earn continuing contracts (the equivalent of tenure).
* Slate covers the US’s insane hostility towards presymptomatic genetic testing.
* Connecticut just hands ESPN sacks of money every year.
* Degenerate, Inc.: The Paranoid and Obsessive Life of a Mid-Level Bookie.
* Reality Pawns: The New Money TV.
* Why I voted for an academic boycott of Israel.
* Wisconsin finds another use for cheese.
* The kids are all right — they’re abandoning Facebook.
* The 38 Most Haunting Abandoned Places On Earth. Some new ones in the mix here.
* And good news everyone! Your dystopian surveillance nightmare is legal again.
Wednesday Links Have Been Deemed an Essential Service
* MetaFilter has your shutdown megapost, including the list of all the “nonessential” government services that will be closed during the shutdown, including WIC, NIH, the CDC, and the EPA. Here (via Twitter) is the memo from 1995 by which OMB makes its determinations. But don’t worry; progress wealth transfer to rich people continues even in the face of this disaster. zunguzungu: “Essentially Vicious.”
* “Where the GOP Suicide Caucus Lives.” They will rule or ruin in all events. Blame the Constitution for this mess.
* Meanwhile, liberals have already been rolled on spending cuts with respect to the shutdown and it’s likely to only get worse.
* Peter Frase takes up Graeber’s “On the Phenomenon of Bullshit Jobs.”
* One in ten [student] borrowers across the country, 475,000 people, who entered repayment during the fiscal year ending in September 2011 had defaulted by the following September, the data showed. That’s up from 9.1 percent of a similar cohort of borrowers last year.
* Louisiana refuses to release former Black Panther despite court order.
Herman Wallace, who was held for more than 40 years in solitary confinement in Louisiana jails, is still being confined inside the prison although Judge Brian Jackson ordered on Tuesday that he be immediately released. Wallace, 71, is suffering from lung cancer and is believed to have just days to live.
We should do what works to strengthen our schools: Provide universal early childhood education (the U.S. ranks 24th among 45 nations, according to the Economist); make sure poor women get good prenatal care so their babies are healthy (we are 131st among 185 nations surveyed, according to the March of Dimes and the United Nations); reduce class size (to fewer than 20 students) in schools where students are struggling; insist that all schools have an excellent curriculum that includes the arts and daily physical education, as well as history, civics, science, mathematics and foreign languages; ensure that the schools attended by poor children have guidance counselors, libraries and librarians, social workers, psychologists, after-school programs and summer programs.
Schools should abandon the use of annual standardized tests; we are the only nation that spends billions testing every child every year. We need high standards for those who enter teaching, and we need to trust them as professionals and let them teach and write their own tests to determine what their students have learned and what extra help they need.
* The words men and women use on Facebook.
* American wages have declined 7% since 2007.
* DDoS attack on the health care exchanges? Or just a whole lot of people wanting to buy insurance?
Tuesday Links Soldier On
* The tragedy of Cooper Union.
Then, when you turn the corner and look at what hulks across the street from the main Cooper Union building, you can see where a huge amount of the money went: into a gratuitously glamorous and expensive New Academic Building, built at vast expense, with the aid of a $175 million mortgage which Cooper Union has no ability to repay.
The bland name for the building is a symptom of the fact that Cooper’s capital campaign, designed to raise the money for its construction, was a massive flop: no one gave remotely enough money to justify putting their name on the building. It’s also a symptom of the fact that no one on the board had any appetite for naming it after George Campbell, the main architect of the scheme which involved going massively into debt in order to construct this white elephant.
Campbell, pictured grinning widely in a now-notorious 2009 WSJ article, claimed that Cooper was a financial success story when in fact it was on the verge of collapse. He’s the single biggest individual villain in the Cooper story, and it’s a vicious irony that Cooper’s latest Form 990 shows him being paid $1,307,483 in 2011 — after he left Cooper’s presidency. (Cooper Union explainsthat the amount represents six years of “deferred compensation/retention payments”, but the timing couldn’t be worse.)
Campbell’s enablers and cheering squad were a small group of trustees, many of them Cooper-trained engineers gone Wall Street, who had so internalized the ethos of the financial world that it never occurred to them that they shouldn’t be constantly trying to get bigger and better and shinier. Campbell was paid $668,473 in his last year at Cooper — he was one of the highest-paid college presidents in the country, despite running a naturally small institution with serious space and money constraints. Board-member financiers enabled his dreams of growth and glory, hoping that some of the glamor from the newly-revitalized institution would reflect back on themselves. Naturally, when the whole project turned out to be a disaster, they scurried ignobly off the board as fast as they could.
* Duke University faculty members, frustrated with their administration and skeptical of the degrees to be awarded, have forced the institution to back out of a deal with nine other universities and 2U to create a pool of for-credit online classes for undergraduates.
* The Adjunctification of Academic Librarianship.
* The debt debate is reminiscent of Tom Stoppard’s Rosencrantz and Guildenstern Are Dead. In a grand inversion, minor characters have usurped center stage, while the more important ones are out of sight. The Debt We Shouldn’t Pay.
* Also at NYRoB: Wikipedia’s Women Problem.
* The right to work less: Not only does the U.S. economy tend to produce lots of bad jobs, U.S. workers tend to spend far too much of their time doing them. In 2009, the average U.S. worker worked 1,681 hours compared to 1,390 in Germany. Germany’s experiments withkurzarbeit, a government program that provides income support to workers who accept reduced hours, has helped it avoid the problems of high and long-term unemployment that confront us here in the U.S. Instead of fighting for more work, much of which is likely to be bad, how about fighting for less work for everybody? This could be a very effective way to make sure that there are enough jobs to go around for everyone while limiting the amount of time workers spend in deadening, alienating labor.
* Science! “Our findings confirm that beardedness affects judgments of male socio-sexual attributes and suggest that an intermediate level of beardedness is most attractive while full-bearded men may be perceived as better fathers who could protect and invest in offspring,” the researchers wrote.
* US soldier found alive after 44 years in Vietnam.
* What is the legal justification for signature strikes? What qualifies as a “signature” that would prompt a deadly strike? Do those being targeted have to pose a threat to the United States? And how many civilians have been killed in such strikes? The administration has rebuffed repeated requests from Congress to provide answers – even in secret.
* Schizophrenic. Killer. My Cousin.
* And just in from the local tourism board: 100 things to do in Wisconsin this summer.
Wednesday Night Links: 8,000 Barrels, 0.000025%, 3,387 Men, $100 Bills, and More
* Over a longer time span, say a decade, we would expect about 19 spill incidents with an aggregate spill volume of about 8,000 barrels, enough to fill about half of an Olympic-sized swimming pool. We would expect about 1.3 of these spills to be “large,” which means that on average we would expect a “large” spill to occur about once every 8 years or so. Clearly, based upon reported historical industry performance, spills in general and large spills in particular would not be a rare occurrence for the proposed pipeline.
* Elsevier’s behavior is so egregious that it has provoked a boycott from academics who refuse to write or review papers for its journals. But to focus on one malefactor elides a larger question: Why should academic knowledge — largely produced by academics at public and nonprofit universities and often with government grants — be turned into private property and kept from public dissemination?
* Dartmouth College Cancels Classes After Sexual Assault Protesters Receive Rape Threats. More at Student Activism.
* Piranhas are a very tricky species: On Gift Horses and Trojan Horses: The Proposed Aquatics Center.
* Tumblr of the day: Little Girls Are Better at Designing Superheroes Than You.
* Women Writers take heed, you are being erased on Wikipedia. It would appear that in order to make room for male writers, women novelists (such as Amy Tan, Harper Lee, Donna Tartt and 300 others) have been moved off the “American Novelists” page and into the “American Women Novelists” category. Not the back of the bus, or the kiddie table exactly–except of course–when you google “American Novelists” the list that appears is almost exclusively men (3,387 men).
* Mad Men’s Misery Problem And How TV Can Handle Characters Who Never Change.
* Right Wing Media Exploit Boston Bombings To Attack Government Assistance Programs. West Virginia Republican: Make Kids Work As Janitors For School Lunches.
* Feds spend at least $890,000 on fees for empty accounts. That’s a crushing 0.000025% of the federal budget going to WASTE.
* Holding Corporations Responsible for Workplace Deaths. And then there’s Matt “Proud Neoliberal” Yglesias.
* Rhode Island Becomes 10th State To Approve Marriage Equality.
* A Slavoj Žižek Text Adventure.
* Monster.com bans unpaid internships.
* And the new $100 is awful. Good thing I’ll never actually have one.
Wednesday Wednesday Wednesday
* Read the article on professor-mothers that set Twitter aflame. Guaranteed to be the worst thing you read this week!
* No one can figure out how Borislav Ivanov is cheating in chess. Via Boing Boing.
* The rise and fall of the American arcade.
* The intentional fallacy: Kathryn Bigelow says Zero Dark Thirty’s fine because she’s a lifelong pacifist.
* Single charts that explain everything.
* #nodads: California convicts twelve-year-old boy for murdering his neo-Nazi father at ten-years-old.
* Finally, proof that all movie trailers use the same color palette.
* Todd Glass looks back on a year since “the Marc Maron thing.”
* Here Are Obama’s 23 Executive Actions on Gun Violence. 11. Nominate an ATF director. That’ll solve it!
* You can carry a loaded firearm into national parks and can tuck your rifle and ammunition into stowed luggage on Amtrak trains. Federal product-safety law subjects everything from toys to toasters to safety inspection and recalls, but exempts guns. Little-known laws shed light on NRA influence.
* I know people will believe anything, but I have to believe Sandy Hook Trutherism is almost entirely a media phenomenon.
Saturday Night Links
* The headline reads, “Glenn Beck Building Ayn Rand-Inspired Utopia.”
* Grief for Aaron Swartz: The Truth about Aaron Swartz’s “Crime.” Prosecutor as bully. How to Get a Job Like Mine.
* Aaron Bady saw Zero Dark Thirty.
* Quentin Tarantino talks to himself.
* And the US Treasury agrees with me about the trillion-dollar coin. It’s enough to make me rethink my whole position…
#MintTheCoin?
Minting the coin would interrupt that process, uniting Republicans — and many voters and business groups — against what they would see as an unsettling, illegal and inflationary power grab from the executive. And if you think the press spreads blame too equally over the debt ceiling, wait till you see the coverage if the White House decides to respond by creating a trillion-dollar coin out of nothing. You can explain the basic logic of fiat currency until you’re blue in the face, but it’s not going to matter. That coin would drive our country’s increasingly deranged politics, which are really at the heart of this crisis, to the edge
As far as I can tell Ezra Klein is the only person talking any sense on the platinum coin.
In the event that we actually breach the debt ceiling and Republicans don’t fold almost instantly, the situation changes. Again, I think this fairly unlikely. But if financial markets are roiling and the country is crying out for a resolution that Republicans, in a fit of political and moral insanity, won’t provide, then many of the drawbacks to minting the coin or invoking the 14th Amendment dissipate. At that point, such a move may seem entirely reasonable: It could bring relief to the public and the markets, and Republicans would properly take the blame — and the consequences — for having nearly destroyed the global economy. True crisis has the tendency to turn the utterly unthinkable into the absolutely necessary, as any policymaker who participated in the bailout of AIG will tell you.
But we’re not there yet, I don’t think we’re going to get there, and I think announcing a mint-the-coin policy in advance will make matters worse.
Thursday Night Links
* Having a monetary value tied to human incarceration and justice creates a deeply perverse incentive that should not exist in the world of commerce. When the for-profit prison industry places the iron fist of criminal justice in the invisible hands of the market and sells it as a cost-cutting measure, it is hard not to interpret as anything but the predatory capitalism of a self-perpetuating slave state.
* Just end the filibuster. This is a no-brainer.
* What Will It Take to Solve Climate Change?
* Gorilla Sales Skyrocket After Latest Gorilla Attack.
Following the events of last week, in which a crazed western lowland gorilla ruthlessly murdered 21 people in a local shopping plaza after escaping from the San Diego Zoo, sources across the country confirmed Thursday that national gorilla sales have since skyrocketed.
“After seeing yet another deranged gorilla just burst into a public place and start killing people, I decided I need to make sure something like that never happens to me,” said 34-year-old Atlanta resident Nick Keller, shortly after purchasing a 350-pound mountain gorilla from his local gorilla store. “It just gives me peace of mind knowing that if I’m ever in that situation, I won’t have to just watch helplessly as my torso is ripped in half and my face is chewed off. I’ll be able to use my gorilla to defend myself.”
* 56 Up now playing in the US. I can’t wait.
* For the fiscal year, which for most schools ends this June, 18% of 165 private universities and 15% of 127 public universities project a decline in net tuition revenue. That is a sharp rise from the estimated declines among 10% of the 152 private schools and 4% of the 105 public schools in fiscal 2012.
* Turns out the brain isn’t very much like papyrus after all.
* Google will now translate into Flanders. (Not really-a-doodly.)
* Ezra Klein plays Biden ’16 make-believe. At least he’s making sense on the platinum coin.
* What’s your preferred gender pronoun?
* Horrifying: On zombie foreclosure.
* And on the science fiction beat: Joss Whedon Directing SHIELD Pilot Right Now, Already Working On Scripts For Later In The Series. Christopher Nolan’s next movie is called Interstellar. For the 50th anniversary, five Doctors and a cavalcade of Companions will reunite…on an audio special. Fan hopes science will prove tragic Firefly death never happened. And Y: The Last Man has a director: the unknown fan director of that Portal fan film.