Monthly Archives: March 2008

Hedge Fund Humor

Calculated Risk: Hedge Fund Humor

Who is this guy Margin that keeps calling me???

Posted in Econ & Money: Mortgage Mess | Comments Off on Hedge Fund Humor

Wonders Never Cease

Daily Kos: FISA fight: Leadership maneuvers you'll actually like.

Nice to have something mildly cheerful for a change.

Posted in Civil Liberties | Comments Off on Wonders Never Cease

Leiter’s Open Letter to Law Bloggers

Brian Leiter, An Open Letter to Other Law Bloggers Regarding the US News Rankings

When the new rankings come out in a couple of weeks, may I suggest that you not post the overall ranking. You all know the overall rank assigned to a school by U.S. News is meaningless, often perniciously so. It combines too many factors, in an inexplicable formula, and much of the underlying data isn't reliable, and some of it e.g., expenditures on secretarial salaries and electriciy isn't even relevant. You all know this. So don t report it. The fact that this garbage appears in a major news magazine doesn't change the fact that it is garbage.

Instead, let me suggest that if you want to blog about the rankings when they come out, write about some of the underlying data that speaks for itself: the reputational scores, for example, or the bar passage rates, or the numerical credentials of the students. Those have limitations too—the median of 500 is not really comparable to the median of 200; the reputation scores are not based on presenting evaluators with any information about the schools being evaluated; and so on—but one can at least say clearly what the limitations are, and one is not hostage either to the dishonesty of the schools “reporting” the data or the sheer idiocy of the U.S. News ranking formula.

Indeed the USN rankings are the dumbest pseudo-stats imaginable. But people — especially prospective students — put enormous weight on them.

Posted in Law School | Comments Off on Leiter’s Open Letter to Law Bloggers

Important FISA Statement by House Judiciary Committee

I don't know if this will be important politically, but it is important intellectually.

The Gavel » Blog Archive » Judiciary Committee Members: Administration Has Not Made the Case for Telecom Immunity Judiciary Committee Chairman John Conyers and 19 Members of the Judiciary Committee issued a statement regarding telecommunications immunity, as the House prepares to consider the FISA Amendments Act of 2008. Following a review of classified information relating to the warrantless surveillance program and immunity for telecommunications companies, the Members reported their conclusion that the Administration has not established a valid and credible case to justify granting blanket retroactive immunity at this time.

The full text of the statement is quite long and careful.

Not only does it give new details of what's been going on, but it demolishes the case that there's some justification lurking in the secret documents that might justify the Rockefeller retreat from legality.

Posted in Civil Liberties | Comments Off on Important FISA Statement by House Judiciary Committee

Spitzer Does the Right Thing

YouTube – Eliot Spitzer Resignation

Now, how about family values Senator Vitter – when is he going to resign?

Posted in Law: Ethics | Comments Off on Spitzer Does the Right Thing

Last Chance to Get Bell Labs Science Kits

I have fond memories of playing with a CARDIAC cardboard computer in grade school. They were handed out as something of an experiment, and I'm not sure that it was judged a success, but I loved it.

Well, it turns out that you can order a CARDIAC — but only for a few more days.

Order now: Bell System Memorial- Bell Labs Science Kits – they're going out of business at the end of the month.

Other Bell Science kits available for a few more days which you may recall from the 60s and 70s include “From Sun to Sound”, “Speech Synthesis”, “Energy from the Sun” and “Experiments with Crystals and Light”.

Posted in Science/Medicine | 2 Comments