Tuesday, December 19, 2006

December 19th

On this date in history:

1776: Thomas Paine publishes American Crisis
1777: Continental Army enters winter camp at Valley Forge
1843: Dickens' "A Christmas Carol" first published in England
1974: Apollo 17 splashed down in the Pacific, ending the Apollo program
1984: Britain agrees to return Hong Kong to China
1988: OU football program gets 3 year probation
1998: President Clinton impeached

Birthdays:

Little Jimmy Dickens
Cicely Tyson
Jennifer Beals
Alyssa Milano
Jake Gyllenhaal
Lady Sovereign
Daryl Hannah
me.

Monday, December 18, 2006

Edumacating and Stuff

CNN has a good article today about reforms proposed for the US education system. I'm not sure that I agree with all of the proposals, but they are interesting to think about. Here are some of the highlights:

Beginning teachers should earn more (averaging $45,000) and the money should come by switching from traditional pension plans to 401(k)s, etc.

This is kind of a no-brainer. Clearly, teachers should make more. Nearly everyone should make more money (with the possible exception of corporate lawyers). However, the issue is what programs would be cut. Here, we would be robbing teachers' benefits to pay teachers' salary. Until there is a mind shift in the general population and people recognize that it is ridiculous to pay Jim Carry $15MM to make crappy movies when a starting teacher makes $25K a year, this will continue to be a problem.

High school ends at 10th grade. After their sophomore year, students take exams and then go straight to community college/tech school or stay in school for a couple more years and then go to college.

Interesting. This is how many other countries, especially in Eastern Asia, do it. I like the idea of not wasting money on people who are not going to some post-high school education.**(see comments)** However, making this decision when someone is 15 or 16 years old makes me nervous. I see this as potentially widening the existing socioeconomic gap and further narrowing the middle class.

Independent contractors would be in charge of running schools, even though the schools stay public. The state would control the funding.

Brilliant. This should have been done a long time ago. Run schools like a business. Bring in corporate sponsors. Tiger Woods signed a contract with Nike worth about $100MM a year. Corporations have money to burn when it comes to getting their name out, and there are a lot of them that are targeting kids between 5 and 18.


Anyway, just thought it was interesting. One of the most interesting areas of the law (besides the excitement of Section 16 SEC filings) is education law. The restrictions placed on financing, districting and inclusion seriously limit the options available for change. At the same time, each of those restrictions were put in place to address abuses of the system. It makes for a very complex problem.

Monday, December 11, 2006

Vegas Was Fun.

Vegas was fun. Now I am tired. We went to Tryst on Thursday night and Pure on Friday night. Lost $30 on blackjack for the weekend, so that wasn't too bad.

Back to reality.