Commentary: Helping alleviate the student debt trap | McClatchy
Andrew Ross, a New York University professor of social and cultural analysis and an advocate of student debt relief, spoke on the subject at Duke this month. In an interview, Ross said he sees the effect of debt on his students. “A lot of my students fall asleep, and not all of them because of my boring lectures, but because they are working two or three jobs,” he said.
Their struggle will continue after college, Ross said, despite a degree from one of the nation’s most expensive institutions. “This generation faces a predicament where their future is foreclosed,” he said. “They’ve taken on debt to prepare themselves for employment, and the employment is not there.”
At a time of bailouts for Wall Street banks and extensive corporate welfare through tax breaks, it’s wrong that we now accept heavy student debt as inevitable and inescapable. (Federal law prohibits, except in rare cases, private or federal student loans from being discharged in bankruptcy court.)
Why do we suspend children from school? – Slate Magazine
Several schools have suspended children for joking about guns in the wake of the Sandy Hook shootings. A 7-year-old in Maryland was suspended for chewing a breakfast pastry into the shape of a gun, while others have received the same punishment for pointing their fingers like guns or using toy guns that blow bubbles. Suspension seems like a counterintuitive disciplinary tool, since many children would prefer to stay home from school, anyway. Why is suspension such a common punishment?
Because it’s familiar, cheap, and convenient. It’s also demonstrably ineffective. Its deterrent value is low: A 2011 study showed that Texas students who were suspended or expelled at least once during middle school and high school averaged four such disciplinary actions during their academic careers. Fourteen percent of them were suspended 11 times or more. Suspensions don’t even seem to benefit the school as a whole. In recent years, while Baltimore city schools have dramatically reduced suspensions, the dropout rate has been cut nearly in half.
Still, surveys consistently show that parents support suspension, because it keeps those students perceived as bad apples away from their peers. Principals continue to rely on suspension, in part because it creates the appearance of toughness. Parents can’t complain about inaction when a principal regularly suspends or expels bad actors. Administrators may also favor suspension because it edges problem students out of school: Students who have been suspended are three times more likely to drop out. Some researchers refer to a student who gives up on school after repeated suspension as a “push out” rather than a dropout.
High-speed trains in the United States: Is Alfred Twu’s fantasy map too fantastical? – Slate Magazine
Last month, graphic designer and railroad aficionado Alfred Twu published a stunning map of what America would look like if virtually every last nook and cranny of the country were connected by a state-of-the-art, 220-mph rail network. Twu’s plan for a national high-speed rail system could get passengers from Cheyenne, Wyo., to Albany, N.Y., in just under 12 hours. It captured an old-school patriotic longing among young tech-savvy Americans for big, prestige projects with a design that was elegant in its simplicity. Online media outlets described Twu as a “visionary.”“This Is What America’s High-Speed Rail System Should Look Like” was one typically glowing headline.
Some conservatives had a different description for Twu and his map. “High-speed rail supporter Alfred Twu has gotten a lot of attention for having boldly drawn a map of where he thinks high-speed trains should go,” wrote Randal O’Toole of the libertarian Cato Institute. “Twu’s map is even more absurd than Obama’s plan,” he wrote, describing the map, and high-speed rail in general, as a “ridiculous fantasy.”
O’Toole’s reaction demonstrated one of the principal reasons why American high-speed rail has been mostly stymied: One person’s beautiful vision of the future is another’s terrifying government boondoggle. The Obama plan to use $8 billion in stimulus money as a carrot to get states to invest in high-speed rail went down in flames two years ago. It failed largely because Republican governors in states such as Florida rejected federal funds. But if there were some way to get beyond partisan politics and legal battles over right-of-way issues, what would an ideally efficient map of an American high-speed rail system actually look like?
Reading Moss’ book, I grew uneasy as he described the marketing and engineering principles used to reach one of the most targeted demographics: children. Examples include the use of fruit juice concentrate, which can make up as little as five percent of the total beverage, to give the “health halo” to sugary drinks. Other packaging mistruths include the promotion of cereals that are more than 50 percent sugar as part of a well-rounded breakfast. Lunchables are packaged to imitate the cheerful appearance of a gift to make children especially excited to open and enjoy the food inside.
Since the 1970s, researchers have known that kids are attracted to higher levels of salt and sugar, which companies have used as an advantage for their products. Moss quotes Julie Mennella, a biopsychologist, who describes this as “manipulating or exploiting the biology of the child.” I was one of the kids these companies targeted and successfully sold their products to, becoming one of their “heavy users.”
Underage workers in the corporate heaven of Foxconn
Cramped Altruism
Other People’s Children – NYTimes.com
I’ve noticed this thing quite a lot in American life lately — this sort of cramped vision of altruism in which it’s considered perfectly acceptable to support only those causes that are directly good for you and yours. We even have a tendency to view it as “inauthentic” when people support policies that aren’t in their self-interest — when a rich man supports higher taxes on the rich, he’s somehow seen as strange, and probably a hypocrite.
Needless to say, this is all wrong. Political virtue consists in standing for what’s right, even — or indeed especially — when it doesn’t redound to your own benefit. Someone should ask Portman why he didn’t take a stand for, you know, other people’s children.
CVS To Penalize Workers Who Don’t Disclose Weight, Body Fat
One of the country’s largest pharmacy chains is asking its workers to find out how fat they are and then disclose it to their insurance provider.
Not only is that company, CVS Caremark, telling workers who use its health insurance plan to have a doctor determine their height, weight, body fat, blood pressure and other health indicators. It is also asking workers to give permission to the insurer to turn over that information to a firm that provides benefits support to CVS, the Boston Herald reports.
Workers who don’t take part in the voluntary “wellness review,” paid for by CVS, will have to pay an annual $600 penalty.
Obamacare could make such practices more common. The health care reform law allows employers to levy a higher penalty against workers who don’t participate in company wellness programs. In some cases, workers could also have to pay more if they don’t meet certain health targets like appropriate body mass index.
Feds To Investigate Cleveland Police After 137 Shots Fired In 59-Car Chase | ThinkProgress
On November 30, 2012, what began as a routine police drug patrol in Cleveland, Ohio ended in an unauthorized 59-car police chase in which 137 shots were fired and two unarmed individuals were left dead. The department-wide malfunction has prompted an investigation by the Department of Justice into the city police department’s use of excessive force and the “the adequacy of CPD’s training, supervision, and accountability mechanisms.”
In spite of a police policy that no more than 2 vehicles be involved in a chase, more than 59 vehicles joined the pursuit “without the sector supervisor’s knowledge or permission,” according to a state investigation of the incident. The chase began after a car pulled over for a turn signal violation drove away, and was later identified by several other officers driving at a high speed. Due to faltering communication, and the misimpression that the individuals were armed and fired a shot, the incident escalated until one-third of the police department had joined the chase.
Lynn Parramore: Jamie Dimon’s Ultra-American Rise and Fall: The Great Gatsby Meets Moby Dick
Australians have an old joke about their country’s founding elements: Sure, we got the criminals, but America got the Puritans, which is much worse.
The folks who arrived on our shores from Europe four centuries ago brought with them some peculiar notions. The Puritans believed in the Calvinist “Doctrine of the Elect,” a depressing divine plan whereby God pre-selected those destined for heaven and damned everybody else to hell. You could never know who was on the A-list and who was in for a fiery eternity. At least that’s what old John Calvin had taught.
But mere mortals could never be content with so mysterious a system, so they became obsessed with finding out who was elect. Material possessions, they concluded, must be a sign. Didn’t people who worked hard and kept up their prayers often amass more stuff than others? Hard work was godly, and since it often resulted in riches, they must be godly, too. Wealthiness was next to godliness.
In an essay on The Great Gatsby, America’s great literary ode to our distinguishing love of wealth, John A. Pidgeon notes that the striving for money became a means of salvation. Take the Puritan reverence of riches, add in equal parts transcendentalism and rugged individualism, and you’ve got the American Dream in all its shining glory: If you work hard, if you believe fervently enough, you can make yourself a fortune. You, too, can join the ranks of the elect.
Study Explores Why Wrongful Convictions Happen | ThinkProgress
In the almost 25 years since post-conviction DNA evidence has been used to establish criminal innocence, public perception has been transformed by the realization that completely erroneous convictions are not uncommon, even in cases that land defendants on death row or in prison for life. A new exhaustive social science analysis of many of these exonerations since 1989 has identified ten primary factors that, together, have led to the convictions we now know were wrong.
The study by American University’s School of Public Affairs concludes that it is a confluence of circumstances – and the ultimate failure of prosecutors and/or defense attorneys to mitigate those circumstances – that makes the difference between a “near-miss” in which a person is indicted but never found guilty, and a wrongful conviction.
Some of the worst wrongful conviction cases have been linked to what is known as “tunnel vision,” in which a prosecutor who hones in one suspect has a tendency to reinforce beliefs of that suspect’s guilt, even when the evidence suggests otherwise.
According to a report in the Coloradoan (here), on Saturday Lt. Jim Broderick, 56, resigned from the Fort Collins (Colorado) Police Services where he had worked for 33 years. His career had a dramatic reversal when he was indicted on charges of felony perjury in June 2010 in connection with the grand jury indictment and trial of Tim Masters. Masters, who was fifteen at the time of the 1987 murder of Peggy Hettrick, was convicted and spent ten years in prison before DNA testing of crime scene evidence prompted the vacation of his murder conviction. Broderick had been the investigator in the case.
The National Registry of Exonerations’ report on the case (here) lists the cause of this wrongful conviction as perjury or false accusation and official misconduct. Prosecutors allegedly failed to turn over evidence to the defense and Broderick allegedly lied to the grand jury to help secure the indictment against Masters.
Gould believes the paths to wrongful convictions begin in the interrogation room and suggests police make checklists and be proactive with forensic testing. Several of these factors are obviously discriminatory such as the defendant’s age and criminal background.
Regrettably, this discrimination happens on a reoccurring basis and no one should have to be penalized for a crime they didn’t commit whether it is due to their past, perjury, or the hidden motives of a legal team. At the Pennsylvania Innocence Project, we are incessantly working to prevent and bring attention to these transgressions within the legal system.
In 1991, an unemployed printer named David Ranta was convicted of killing a Hasidic rabbi in Brooklyn.
Last week, Ranta was released from the maximum-security prison in which he’d spent nearly 22 years, after almost every piece of evidence used to convict him fell away. The New York Times reported [1] that the lead detectives on the case “broke rule after rule” — they “kept few written records, coached a witness and took Mr. Ranta’s confession under what a judge described as highly dubious circumstances.”
Richard (RJ) Eskow: The Price of Evil at JPMorgan Chase
You’d think shareholders would be up in arms at Dimon and the Board of Directors for mismanaging their bank so badly. And yet they’re all still in their seats, thanks in part to the way large corporations are allowed to manipulate their own corporate governance. Dimon is both CEO and Board Chair, an extraordinarily privileged position he was not asked to give up after the London Whale scandal.
And about that scandal: There are four things worth knowing about the Whale:
The trades were illegal, according to all the evidence.
Despite the bank’s bragging about its risk management model — which it publicized widely as a lure to investors — that model wasn’t followed by the London office.
Jamie Dimon’s publicists and politician friends have burnished his reputation as “America’s best banker” – and he bypassed his bank’s org chart so that the London unit reported directly to him.
His friends and publicists have also burnished his reputation as the country’s most ethical banker. As Henny Youngman used to say, How do ya like me now?
We’ve been all over JPMorgan Chase and Jamie Dimon for a long time. (See below for a partial listing), so we’re glad to see the public tide finally turning against the bank and its leader. One of the triggers for that shift was the Senate’s report on the bank’s trade, which is as damning in its own way as Rosner’s.
Pilant's Business Ethics Blog 
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