Picking your college major

University of Texas is the subject of this article on the cost-benefit ratio of various majors. The spreadsheet shows the tuition money brought in vs the salaries of the professors for a variety of majors. Chemistry comes out on top, with history and English running very respectable seconds. Three trendy hard science majors, oceanography, physics&astromony, and aerospace engineering actually loose money for UT, faculty salaries and expenses exceed tuition income.
Very interesting. How does chemistry, with twice the class room/laboratory time, expensive labs, lab assistants, glassware, plumbing and whatever, pull in more money than easier-to-teach history and English. Easier-to-teach means just an ordinary classroom with a blackboard is required, no pricey labs. Clearly the chemistry department is onto something that the other departments ought to copy.
And what of the money loosing departments? Is it just lack of students or too many faculty members, or expensive field trips and facilities? The tuition numbers seem reasonable for these departments which ought to mean decent enrollment.
This article gives hope that decent education can be done for less money.

Juan Williams Part 2

I saw Juan on O'Reilly Factor last night. It was clear that the firing had upset him. Firing is like that, it's upsetting. O'Reilly made a serious effort to cheer Juan up, speaking of good things that will happen, books he will write, positive stuff intended to make him feel better.
Strong contrast to the lady reporter from the Washington Post who, just a few minutes earlier on Bret Baer's show, coldly said that if Juan had kept his mouth shut he would still be at NPR.
The conservative reporters are showing a lot more sympathy and support for a fellow reporter than the liberal ones are.

Heresy, penalty therefore

NPR just fired Juan Williams. Williams apparently sinned against the doctrine of NPR when he expressed reservations about flying on a plane with Muslim passengers in traditional garb. Plus probably a few other things, I didn't pay close attention to details of the heresy charges.
Wow. NPR is running a very tight ideological discipline these days. Juan was a good solid liberal/progressive. He used his airtime on Fox to good advantage for the liberal cause. I thought he was a nice guy, liberal but not misguided. I didn't agree with him all that often, but that's what freedom of the press is all about.
In the showdown between NPR and Juan, I'm on Juan's side.

Trouble brewing for banks

Remember all those "mortgage backed securities" that triggered off Great Depression 2.0? Well, now the suckers are lawyering up to get their money back. This might mean a $40 billion hit on the banks.
Theory is, say the suckers, the banks selling the mortgage backed securities didn't do their paperwork right. For proof they say, look at the foreclosure mess where the banks don't have the paperwork to prove that they own the mortgages that are defaulting.
Naturally, nothing will happen until lawsuits are filed and get to court, which will take years, but should the banks loose in court it will cost them.

How the mighty have fallen.

Apple posted a profit of $4.31 billion, acing out IBM's measly $3.59 billion. Time was IBM was the bluest of blue chips, the computer maker, so big that the US Justice department tried to break them up. And now, Apple, maker of Mackintoshes and nifty consumer gadgets, makes more money and has a higher market capitalization than mighty IBM.
Apple is run by a new products man, Steve Jobs, rather than a lawyer or a bean counter like GM. This might has something to do with their success.

First Snow

We had flurries on the mountains. Summit of Cannon and Lafayette are white. Just the summits, the ski trails on Cannon turn green at the bottom of the summit chairlift and stay green down to the parking lots in the valley.

Freedom of the Press

Freedom of the press oughta mean the right to print anything, especially political thoughts. Then we got campaign finance laws. Now we have democrats crying unfair when Republican political groups run anti democrat/pro republican ads. It must mean something when the democrats complain about Republican political ads, rather than explaining to the electorate why it should vote democratic.
The democrats are crying that everyone who runs a political ad should make public their name, address, email and phone number. Democrats don't acknowledge that many people are reluctant to furnish their contact information for fear of avalanches of junk mail, spam, and telemarketing. To say nothing of the fear of retaliation. To me, freedom of the press means freedom to print whatever, nothing about having to make yourself vulnerable.
Kinda like secret ballot. We cherish secret ballot so that voters can vote their conscience without fear of retaliation. Same works for running ads, you oughta be able to print what you like, without fear of retaliation.