Texas Capitol Reporting

(Community Matters) Just read on John Thornton’s Insomniative that Houston/San Antonio dailies & news networks once deployed 19 staff reporters, now only 3.

Yeah, this why Texas Tribune

AAS Blog Recommendations

(Community Matters) Wow, I’m honored – hadn’t seen.

Gay Games in Coppenhagen

(Community Matters) After an attack on athletes, bombs thrown onto the track. but, hey, no need for hate crimes legislation – people don’t really attack the LGBT community

Tom Doyal

(Community Matters) I mentioned unexpectedly running into Tom Doyal at the Rino Pizzi event on Sunday. Well, heck, more than running into Tom, since I literally thought he had died years ago. I know this doesn’t sound very respectful but it’s true and I’m just so damn happy he is alive!

So today, I receive in the mail a copy of Mambo Panties and Other Stories of Hulsey County, Texas. Tom’s stories, I haven’t yet listened but looking forward to doing so. I’m about to transfer the CD to my iPod. thank you, Tom

Goldman Sachs Owes US Taxpayers $5.4 Billion

(Community Matters) In my earlier post, I questioned the reasonableness of a 23% annualized return on taxpayers $10 billion TARP equity investment in Goldman Sachs. Stated then that we should be earning the same return as Warren Buffet for his $5 billion preferred stock investment in the company. Guess what . . . the American taxpayer got screwed. Warren earned a 111% annualized return – which sounds appropriate given the risk taken.

Congress should hold hearings on how the hell Treasury settled on $1.1B for its warrants (which when added to the $318mm in preferred stock dividends totaled a paltry 23% for an equity injection of last resort). By my calculations, Goldman Sachs owes US taxpayers $5.4 billion.

Rick Perry – Walking the Line or Crossing?

(Community Matters) Gov. Rick Perry and the line he walks – I suspect he’d just as hypocritically call another out for these during-the-session fundraising activities which violate the spirit of ethic laws if not the letter.

Hat Tip: Evan Smith

Tanning Beds Deadly

(Community Matters) Especially when under 30 exposed this is really bad news. Think of all the college kids who tanned during the last 20 years.

Curbing Oil Speculation

(Community Matters) It’s about time. Must practice care so as not to obstruct legitimate hedging of costs by industry. However, barely legit oil & gas enterprises owned mostly by financial firms, allowing them to skirt limits should be unveiled and capped.

It’s such a reverse of position for me. However, the blatant disregard for our macro economic health by the US financial industry which continues to place its profit maximization ahead of all else, which continues to leverage public monies borrowed from the Fed and Treasury against us even if they do pay back TARP funds, which ridiculously accounted for 40%+ of corporate profits during much of the last decade despite not contributing meaningful production . . . . regrettably, I’m willing to let the pendulum swing too far the other way for a while. There appears to be no curbing their greed otherwise.

The Power of Collaboration

(Community Matters) Big surprise (not)even in computing (Netflix)

NYT: Child Offenders

(Community Matters) There has been a myth, I’d been taken in myself

The data suggest, for example, that children 13 and under who commit crimes like burglary and theft are just as likely to be sent to adult courts as children who commit serious acts of violence against people. As has been shown in previous studies, minority defendants are more likely to get adult treatment than their white counterparts who commit comparable offenses.

you know . . . . I’m coming to believe most bad behavior is driven by an evolutionary type fear and/or the lack of power. Risky for me to make these conclusions, much less pronouncing them, especially since based on random observations and undisciplined readings & conversations. I’m not talking about the burglaries or thefts cited above, I’m referring to our overreactions, or short cited solutions to the problem of youth crime; to the decisions that commit more minorities to prison that white offenders.

Though there are a few politicians on both sides of the aisle who’d sell their wives & daughters into slavery to preserve their influence and power, most enter these offices with laudable ambitions. Sure ego, power and even, in some cases, greed motivate many – who’d run and how would their enthusiasm be sustained through grueling campaigns if they didn’t possess an extraordinary sense of self? But, what causes mostly well-intentioned men (and some women) to pass grossly unfair laws, or grossly unfair judgments, or to cater to silly little groups like the Birther movement? I’m beginning to believe it is fear of cultural death, i.e, fear that the rise in multiculturalism will overwhelm fantasies of our country’s homogeneity. Of course, it’s never been homogeneous, simply much more segregated.

As to the need for power, that’s another topic – albeit not unrelated. I’ve written before, we should amend Maslow’s hierarchy of needs to include power within the grouping of safety & security needs (i.e., basic human needs). Some individuals will always have a need for power over others, no matter their positions.

The Power of Posterity

(Community Matters) This is so extraordinarily true, especially for Christians. Some cannot even hypothesize that there might not be an after-life or that Jesus may not be the “son of God” for fear of undermining their entire identities, life’s meaning & their lives’ work.

Believers’ lives have significance because they and their kind are part of this glorious unfolding. Their faith is suffused with expectation and hope. If they were to learn that they were simply a dead end, they would feel that God had forsaken them, that life was without meaning and purpose.

Pay to Learn

(Community Matters) I didn’t know Bruce Todd was working on this – one of my long term interests. I’d like to experiment, especially with Hispanic immigrant families, not only incentivizing student learning, but also parent participation, ESL and mastery of technology.