19 Matching Annotations
  1. Jun 2019
    1. To keep recession away, the Federal Reserve lowered the Federal funds rate 11 times - from 6.5% in May 2000 to 1.75% in December 2001 - creating a flood of liquidity in the economy. Cheap money, once out of the bottle, always looks to be taken for a ride. It found easy prey in restless bankers—and even more restless borrowers who had no income, no job and no assets. These subprime borrowers wanted to realize their life's dream of acquiring a home. For them, holding the hands of a willing banker was a new ray of hope. More home loans, more home buyers, more appreciation in home prices. It wasn't long before things started to move just as the cheap money wanted them to.
  2. Apr 2019
    1. The idea of writings having a duel sense is a concept I find quite interesting. I think Ogborn makes a good point when he talks about how the home nation of the author greatly impacts the development of the work, but are important for their ability to cross between cultural boundaries. I think it is really interesting to think of written text in that context.

  3. Oct 2018
    1. It's not that people switched from buying hot dogs to hamburgers; instead they switched from buying "present consumption" to buying "future consumption."

      What if we said that people switched from buying hot dogs to bonds? Not anything "future", just a bond, today.

      If they switched to hamburgers, that would increase investment in the hamburger industry in expense of the hot dog industry.

      In the same way, if they switch to bonds, that will increase the investment in the "bonds industry", which is basically lending money.

    1. Transition, then, from what to what? Transcendence of what kind? What sort of transformations?

      The author utilized rhetorical questions to arouse interest of his readers, to make them think deeply with his idea and stand by his argument at the same time. With these three questions, audience will pay more attention in this article and have more interest to continue reading. Thus, the tool that the author employed is a good example which is worth to be used in our own essay.

  4. Jul 2018
    1. Traditional education is failing to engage many students as they enter their middle school, high school, and college years. The culture clash between formal education and interest-driven, out-of-school learning is escalating in today’s world where social communication and interactive content is always at our fingertips. We need to harness these new technologies for learning rather than distraction.

      I agree with this. As the work load becomes more demanding, students tend to be too overwhelmed and lose interest in the content and material.

  5. Oct 2017
    1. While it would be stupid to deny the importance of constituencies and audiences in the construction of an intellectual argument, I think it has to be supposed that many arguments can be made to more than one audience and in different situations. Otherwise we would be dealing not with intellectual argument but either with dogma or with a technological jargon designed specifically to repel all but a small handful of initiates or coteries.

      The irony of the student's statement against Said is that by attacking him for not having the name of not including names of scholars of a specific background, the student ends up purely appealing for the interest of a specific group of individuals rather than speaking of how to make the message itself more universally accepted. Her statement of attack clearly displays how she cares more about the status of the names mentioned rather than the messages they offer which is a mentality similar to the priorities of most upper class elites in every civilization who end up creating an unnecessary divide between people of different backgrounds.

  6. Aug 2017
    1. “throwing seniors under the bus” (to use the words of one senator) by keeping interest rates low.

      Since interest rates are low, seniors who are trying to live off of their savings will be in trouble because their money doesn't earn anything for them.

    2. real interest rates are determined by a wide range of economic factors, including prospects for economic growth—not by the Fed.

      Real interest rate = interest rate - inflation

  7. May 2017
  8. Mar 2017
    1. If those two things are reflected in the screen depiction, book fans should not have a problem. No, there were no scenes between President Snow and Seneca Crane in The Hunger Games book, but there’s no reason to think that what was shown in the film couldn’t have happened. Snow was very much in character, and these scenes did not change the outcome of either’s story.

      INTEREST: This was something of great discussion between my friends and I when we watched the movie. The majority of us really loved the scenes between President Snow and Seneca in the movie due to it fitting with the story and even expanding upon it. However, there was one purist in the group that wanted complete and literally transformation of the book into the movie. So, this is interesting because it kind of validates my opinion....

  9. Apr 2016
    1. These descriptions show that imperialism is mainly the government’s interest but not the people’s.

      This can also be compared with the more recent, although dated, Vietnam War in which the citizen of the U.S. were opposed, but the government was interested.

  10. Dec 2015
    1. even if an interconnected skein of nanotechnology were toextend into all aspects of everyday life

      recent research has proven that personal use technology (internet, smartphones, gaming systems) have decreased the skills of interpersonal communication and emotional intelligence (mostly of the millennials generation)... should we be pushing for technology to be involved in all aspects of everyday life?

  11. Sep 2015
    1. Keyan Tomaselli does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond the academic appointment above.

      As people have pointed out in the comments, author is Editor in Chief of Critical Arts. Relevant for potential conflict of interest given this paragraph:

      Taylor & Francis in particular, via a development strategy with selected South African journals, initially facilitated by the National Research Foundation and Unisa Press, helped to position many of these titles as global, rather than only local. In so doing, they catapulted South African authors into global research networks.

  12. Aug 2015
    1. What we should aim at producing is men who possess both culture and expert knowledge in some special direction.

      It's that "special direction" that becomes the key to organizing a curriculum. How do we help students to attach their interests to a direction in their lives? Or am I wrong to think that Whitehead, here, is pointing to a learning experience that connects interest with being of use in society, with political activism.

  13. Feb 2014
    1. In his ruling, judge Edmundo Rodríguez Achútegui recognized that Calatrava’s rights as author of the bridge had been infringed, but he ruled that the public utility of the addition took precedence over this private right. “In addition to constituting a singular artistic creation suitable for protection, the work is public one, offering a service to the citizens, and thus satisfies a public interest,” he said. “If we weigh these interests, the public must prevail over the private.

      This seems like a much more reasonable ruling than the one in the Deutsche Bahn case.

  14. Nov 2013
    1. And when it is all over with the human intellect, nothing will have happened. For this intellect has no additional mission which would lead it beyond human life.
  15. Oct 2013
    1. why may we not divide the hours of the day among different kinds of study, especially as variety itself refreshes and recruits the mind, while on the contrary, nothing is more annoying than to continue at one uniform labor? Accordingly writing is relieved by reading, and the tedium of reading itself is relieved by changes of subject.

      Interesting to consider how much of anything we can put our attention on before you become bored. Interest is what keeps our attention and allows us to commit things to memory with greater ease. Hurray for prescription amphetamines!

  16. Sep 2013