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“Proposition 8 serves no purpose, and has no effect, other than to lessen the status and human dignity of gay men and lesbians in California.” “There’s plenty of lofty rhetoric in defense of legacy preferences, such as the need to maintain the historical soul of the university through intergenerational binds. But that’s a disguise for the real, unstated reasons, which boil down to hardcore economics. Elite institutions have struck an implicit bargain with their alumni. That bargain essentially says, “You give us money, and we will move your kid to the front of the line.” The entire basis for creation of the charitable contribution in the U.S. tax code is that individual contributions to charities, including educational institutions, must not “enrich the giver.” In fact, the system of legacy admissions at elite schools is all about enriching the giver. With a wink and a nod, colleges and universities gladly accept the white envelop stuffed with alumni cash, in return for the promise of favoritism. The whole enterprise is brought to you by the generosity of ordinary American taxpayers, via tax breaks and subsidies. Their children are waiting patiently in the back of the line, buying into the myth that the system is fair and meritocratic, when in fact, the game is rigged, and the winners are pre-ordained.” - Peter Sachs “Two researchers at the University of Virginia and four at Microsoft Research explored this possibility in a paper presented this year at the Usenix Workshop on Hot Topics in Cloud Computing. The paper looks at how the servers — though still operated by their companies — could be placed inside homes and used as a source of heat. The authors call the concept the data furnace.” -Randall Stross (via Jacob) “Mr. Rushdie’s predicament points to one of the trickiest notions about life in the digital age: Are you who you say you are online? Whose business is it — and why?” -Somini Sengupta “I believe that ‘less is more’ — simple heuristics are necessary for complex problems. So instead of thousands of pages of regulation, we should enforce a basic principle: Bonuses and bailouts should never mix.” - Nassim Nicholas Taleb Glass Sausage T (via clubsoda)
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