Coffee heat rising

Legislators propose to shoot us all in the foot

More scary news from the Great Desert University: Our beloved president sends an announcement that our ever-astonishing legislators yesterday recommended cutting the university systems’ funding by $243 million in what remains of FY 2009 and then by another $388 million in 2010. That is huge: the largest cuts in higher education in the state’s entire history. And this is not a state known for its support of education.

Arizona has only three public universities, and you can count the private institutions of higher education on the fingers of one hand. None of these are exactly world-class institutions. A few departments are excellent: the University of Arizona, for example, has one of the world’s leading astrophysics programs, and Arizona State University has cultivated a good business school and a research emphasis in bioengineering. But by and large the universities reflect the general quality of education in this state, which as we have seen before, is not high. In an Arizona university classroom, it’s possible to guess with some accuracy which students grew up in the Midwestern states where citizens invest in education, simply by observing the students’ basic writing and logical thinking skills. Nine times out of ten, I can identify a kid who came from Ohio, Minnesota, or Iowa just by reading a paper or two.

This is the direct result of Arizona’s chronic underfunding and neglect of education.

“Budget reductions of this magnitude,” says Arizona State University President Michael Crow, “would have a serious and immediate impact on university operations.” The $39 million that had already been cut in the 18 months leading up to FY 2009 have so far resulted in the elimination of almost 500 staff positions and more 200 faculty associates, the dismantling of two schools, and a reduction in the number of nursing students.

Arizona State University serves 67,000 students. It graduates 14,000 a year, and its president claims it pumps $3.2 billion a year into the state’s economy. The planned cuts, Crow reports, will require additional layoffs, furloughs, and reduction of programs that already have enrolled students for 2009.”The fact that the legislature has known about the state budget problems for months and failed to take appropriate and effective action to minimize harm to Arizona’s families and economy is unconscionable,” he adds.

Unconscionable, yes. But surprising or anything new? No. This kind of thing is standard operating practice, historically, for the state’s legislative leadership.

With Governor Janet Napolitano leaving to head up Homeland Security, the state loses its strongest advocate for intelligence and commonsense, one whom our legislators have resisted and fought every step of the way. Her replacement will, according to the state’s constitution, be the present secretary of state, a dim light whose politics and retrograde thinking echo those of the blessedly exiting presidential administration.

Our new governor, heaven help us, is the woman who is responsible for state employees losing all choice in health-care plans: her husband, an executive of a large insurance company, was involved in submitting a bid for the contract to insure state employees that was below the break-even point, so that Blue Cross/Blue Shield, at the time the only decent insurer we had, pulled out in protest of the blatant conflict of interest. For a time, we had just one insurer, the one for which our new governor’s husband worked. This company was so roundly hated by the medical profession that many doctors (including most of mine) would not accept it. If you wanted to go to your doctor, you had to pay in cash and then try to extract the money yourself from the insurer, a process that at best required three to six months. My dermatologist would not let me set foot in his office, even after I said I would pay in cash! To get care from the doctors I knew were reasonably competent,I had to buy my own insurance on the open market. Today the state has to self-insure its employees, thanks to that fiasco.

And she’s pretty typical, this new governor. Remember, this is the state that once elected Evan Mecham, the stupidest holder of elected office in the nation’s history. After Mecham made a laughingstock of Arizona, his predecessor, an affably muddle-headed fellow, looked smart: he was the one who announced that he had never read a book from cover to cover except the Bible and had finished school with a junior college diploma—and he didn’t see why anyone else needed to do anything any different. After all, look how far he’d gone!

That one’s favorite byword was (I kid you not!) “It’s a beautiful day in Arizona. Leave us all enjoy it.”

You can see where all this is going: straight back to the Dark Ages.

So, to personalize, it appears that the danger of a layoff where I’m concerned is still very real and very immediate. The university’s administrators are already firing library staff, and I’m sure they soon will move beyond that.

Related Posts:
The Devastation of Higher Education in Arizona
The Perqs of Penny-Pinching

Feeling bored? Check this out

EditorMom offers a lead to a fun site that will give you a (free!) moment of serendipity. Go here and enter your blog’s URL or a passage of text, any passage. Or a del.icio.us username. While you’re at the site, don’t miss the gallery.

Moments of Fame

Mama Bear hosts the beloved Make It from Scratch Carnival this week at I’ve Got a Little Space to Fill, where Funny’s recipe for and analysis of DIY glass cleaner appears. And by golly, Mary at Simply Forties leads off again with another of her amazing recipes: Baked Adzuki Beans with Eggplants and Tomatoes. I dunno what adzuki beans are, but I’m planning to find out soon. Speaking of new-to-me foods, check out HowToMe’s recipe for a South African snack called rusks: it’s a kind of a sweet biscuit, interesting and it looks good. The only way to do justice to all the neat posts that appear in this carnival would be to copy and paste the whole darn thing here! So be sure to go to Mama Bear’s site and explore for yourself.

Money Beagle has posted an interesting Money Hacks Carnival this week…don’t miss the hilarious pooch pictures, BTW! Here, a spin-off of the DIY window cleaner project, the DIY spot remover, made editor’s choice amid a host of much more august writings. For us intellectual cheapskates, Monevator reports that Stanford researchers have kindly demonstrated that you can spend 20% less than usual on presents and still elicit the same pleasurable response from the giftee. Take a look at Len Penzo’s figures that led him to conclude that paying off a mortgage is the smart thing to do: this thing is a tour de force. I paid mine off, over three financial advisors’ protests, as a matter of gut instinct; Penzo produces some good evidence to support that strategy.

Credit Withdrawal hosts the 160th Festival of Frugality. This thing, as usual, is huge. Funny’s grouse-fest about Scientific American‘s questionable subscription renewal policies appears in the crowd. Fortunately, CW highlights a number of especially excellent posts near the top of this week’s round-up. My eye, of course, was instantly drawn to Lazy Man & Money’s advice on how to stock a bar. He makes some recommendations for staples, high-end and low. Money Ning contributed a nice article titled Five Surefire Ways to Stop Thinking Your Paycheck Is Never Enough. With M’hijito now seriously considering full-time pursuit of a master’s degree, Jim’s post, at Blueprint for Financial Prosperity, on the importance of filling out a FAFSA application for low-interest student loans was a good lead.

This week’s Carnival of Money Stories is hosted, with an entertaining Blog Championship Series theme, by Adam at Your Money Relationship, where Funny’s latest shoe-buying tale appears. In the arrrrghhhh! department, check out Consumer Boomer’s story of the amazing deal Terminex proposed to install insulation (yes…they’re diversifying, apparently). Free Money Finance confirms my feeling about Macy’s, which IMHO needs to revamp its business plan if it’s to survive. The Financial Blogger’s house renovation project is finished, and he offers some reflections on the process. And finally, here is a very interesting post on class and moneyat GRACEful Retirement that has generated an enormous amount of lively and even passionate commentary, not to be missed.

LOL! Georgie, we’ll miss ya!

Did you hear our soon-to-be-former President’s farewell press conference? I thought the high point came when he remarked that the press had “misunderestimated” him. {snark!} The man just can’t leave bad enough alone.

Another excellent moment arrived when he observed that he came into the presidency in a recession and is leaving it in a recession, but in between (like, oh, say the proverbial night bird flying through windows of the lighted beer hall) the economy has thrived. I will refrain from exclaiming Jesus H. Christ. Well, no. I won’t. As I recall, the country had no deficit (in fact, we had a budget surplus) when the Shrub took office, nor was anyone speculating about the onset of a second Great Depression.

What a moron. What a shameful episode in our country’s history. Heaven help us all now.

Can’t sell the house? Try swapping

One of the local television PlayNooz programs claims that some people have taken to trading houses when they couldn’t sell them—no indication of whether these prospective traders are having any luck at the enterprise, though.

It’s an interesting idea. A year and a half ago, CNN reported that some homebuilders were taking old houses in trade for new ones. Not everybody wants to live in a cheaply built house in the remote and treeless suburbs, but if you do, trading could be a way to get there.

It appears that the most likely use of this strategy is to get yourself from one city to another. Few people would trade a $300,000 house for another $300,000 house in the same city, unless the city is so huge that there’s some value for each party in moving closer to their places of work. Exactly how this would work for the mortgage holders is somewhat fuzzy. Apparently each “buyer” gets a new mortgage and uses it to pay off the existing mortgage. Nice trick if you can do it, in the present lending environment. Both traders would need sterling credit and a long track record of paying on time.

Several sites are in the business of helping would-be house traders get in touch with each other. Check these out:

Craig’s List has a house swapping category. Some of these are vacation or short-term swaps; some are efforts to make a permanent trade. The one here in Phoenix looks pretty active: a lot of the offers are local, but some are coming in from all over the country. Check the site in your area—look under “Housing Swap.”

OnlineTrading.com charges $19 for the privilege of using its site. Turn off your sound before hitting this site: they have a particularly grating ad that starts blatting at you the instant you get there. The site called House4Trade.com is actually a front for OnlineTrading.com; with that sort of oiliness going on, I’d be careful of this outfit.

RealEstateExchange.com appears to be a separate entity. They’re advertising trades of commercial as well as real estate properties. This site has quite a lot of information posted, and its proprietors say they actively pursue scammers.

If you decide to go this route, you probably should consult a real estate lawyer to be sure the contracts are written correctly and your interests are protected. If you can find a Realtor who is experienced in trading property, that also would be advisable, though I have no idea where you would find such a person.