College students pay for tax cuts

The money has to come from somewhere. You can’t simply “cut taxes in the face of huge deficits”:http://www.philly.com/mld/inquirer/news/editorial/14695544.htm and expect no consequences. With the “ridiculousness of the Laffer curve”:http://en.wikipedia.org/wiki/Laffer_curve (or Bush’s implementation of it) being exposed every day and “record profits”:http://www.mercurynews.com/mld/mercurynews/business/14697409.htm&cid=1106753114&sig2=zbwt5vlhdMU7IGZMZcJ_Pw at oil companies, you’d expect some less mind-bogglingly stupid deficit reduction strategy.

But no. Here it is. Wait for it: “charge college students”:http://www.ucsdguardian.org/cgi-bin/news%3Fart%3D2006_05_30_02&cid=0&sig2=q_5Hxg7FHq_yMKTfZZFkKQ “higher interest rates”:http://www.shns.com/shns/g_index2.cfm%3Faction%3Ddetail%26pk%3DSTUDENTLOANS-05-30-06&cid=1106823200&sig2=xQ8SStvLZ-zv8gCJIoH2tA. That’s right, as part of the Deficit Reduction Act, we can’t bring ourselves to stop the tax-slashing on rich companies, but we are willing to charge more for people who want an education?

Perhaps it is a valid argument that student loan rates and guarantee fee waivers are too generous. I doubt it, but I will entertain the possibility that, in the face of record deficits and debt, we should take that step. However, let’s place this in context:

  • record profits for oil companies
  • “$70 billion tax cuts”:http://seattletimes.nwsource.com/html/nationworld/2002986402_taxcuts11.html that will

    Democrats also cited a joint study by the Urban Institute and the Brookings Institution — two center-left think tanks — that shows taxpayers with incomes greater than $1 million per year winning tax cuts of $42,000 under the bill while families with incomes of $50,000 a year would average a $46 tax cut.

  • record debt
  • record deficits

I’m for tax cuts as much as the next guy, but as part of a sensible economic strategy. This strategy is not sensible. This is a strategy of a government that cares more about millionaires than it is about people who go to school to become more productive members of society. Think about it – Rep. McDermott may think of $41,000 as an all-expense-paid vacation, but a state college student would think of it as an education for life.

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From the department of “No $#!+, Sherlock!”

Two-year-olds don’t pay attention to instructions given to them by Barney the -Monster- Dinosaur

Beware of health information that you read …

… even if it “comes from the AMA(American Medical Association)”:http://www.scienceblog.com/cms/suspect-health-information-sneaking-into-print-10695.html.

Scary stuff. Make sure you corroborate information from independent sources.

Spooky Hoffa cupcakes sell like hotcakes

Now, “this”:http://www.wftv.com/foodnews/9272503/detail.html is creepy, especially when you consider even the FBI(Federal Bureau of Investigation) ordered some.

(via “PharmaGossip”:http://pharmagossip.blogspot.com)

Nationbuilding

According to Yahoo!, there is no more unclaimed land. So you can’t go off exploring and make your own nation.

RNA responsible for some inheritance

Mice and corn are just two observed examples of situations where the laws of heredity seem to be violated. Turns out, RNA(Ribonucleic Acid) is the culprit in these examples, where somehow RNA(Ribonucleic Acid) for a recessive gene makes it into the sperm or egg and is able to replicate in the offspring.

Every step we take in science, the more we find out how much we don’t know.

They did it. They really did it.

In 2004, GlaxoSmithKline pledged to make the results of all their trials public. Here’s the fruits of their efforts so far.

Of course, being the statistician, I’d rather get the raw data, but I’m just being greedy.