April 2012 archive

Who is being polled matters

With the Republican primary  wrapping up and more attention placed on the national election, people are focusing on poll results.   Real Clear Politics (RCP), a well-known website that provides a plethora of poll results, just updated its summary of multiple polls’ results related to the general election:  Obama vs. Romney.    See summary table below.  Most …

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Permanent link to this article: http://betweenthenumbers.net/2012/04/who-is-being-polled-matters/

Case provides primer on regression analysis and what can go wrong

After a jury trial, ATA Airlines (ATA) won a nearly $66 million verdict against Federal Express Corporation (FedEx). FedEx appealed that ruling. In ATA Airlines, Inc. v. Federal Express Corp., No. 11-1382 (7th Cir. Dec. 27, 2011), a distinguished panel consisting of Justices Easterbrook, Posner, and Wood criticized the complex damages analysis accepted by the …

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Permanent link to this article: http://betweenthenumbers.net/2012/04/case-provides-primer-on-regression-analysis-and-what-can-go-wrong/

Bank of America Tests a New Approach to Forclosures

Bank of America has announced a trial of a new program for underwater homeowners in serious risk of foreclosure.  The new program will be tested with fewer than 1,000 homes in Arizona, Nevada, and New York.  Frankly though the idea makes so much sense in the current market that it is a little surprising that it wasn’t thought …

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Permanent link to this article: http://betweenthenumbers.net/2012/04/bank-of-america-tests-a-new-approach-to-forclosures/

Changing from bills to coins to save money fails to address the real debt and deficit issue

Most politicians have avoided even attempting to deal with the nations’ arguably biggest current crisis (i.e., the nation’s debt and deficit).  For the most part, they have successfully done so by supporting initiatives that, while on point, don’t accomplish anywhere near the impact required  to address the overall problem.  One such proposal once again getting …

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Permanent link to this article: http://betweenthenumbers.net/2012/04/changing-from-bills-to-coins-to-save-money-fails-to-address-the-real-debt-and-deficit-issue/

The US Government Throws a Cloud Over the New TLD Process

Currently the Internet Corporation for Assigned Names and Numbers (ICANN) is accepting applications for new top-level Domains.  Top level domains are what goes ‘after the dot’ in an internet address.  There are two-character country code domains like .us, .cn, .ca, the long time familiar ones like .com, .net, .org, and .gov and a few that …

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Permanent link to this article: http://betweenthenumbers.net/2012/04/the-us-government-throws-a-cloud-over-the-new-tld-process/

TARP Banks Pay Back Taxpayers with Taxpayers’ Money

When it comes to politics, the truth is hard to come by.  More times than not, it takes an independent (aka bipartisan) group to unveil the reality that underlies the political rhetoric.  Once again, the focus is the Troubled Asset Relief Program (“TARP”).  A recent article found here summarizes the findings of a report to …

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Permanent link to this article: http://betweenthenumbers.net/2012/04/tarp-banks-pay-back-taxpayers-with-taxpayers-money/

GAO finds IRS computer system security is lacking

There are few documents that are more confidential than one’s income tax return. Consequently, one should reasonably expect that the IRS’s computer record containing details of each individual’s tax return would be secure. In a 36-page March 16, report, the Government Accountability Office (GOA) found that the IRS’s computer systems and the data on them …

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Permanent link to this article: http://betweenthenumbers.net/2012/04/gao-finds-irs-computer-system-security-is-lacking/