Stereotypical profile replaced

first_img Previous Article Next Article Comments are closed. The profile of current universityundergraduates is radically different from the stereotype, according toresearch by the Institute for Employment Studies.The Diverse GraduateSupply reveals that more than half entering undergraduate courses in 1998 inthe UK were women, and one in seven were from ethnic minorities. One-third ofnew undergraduates were aged over 30, and one-third of all first-year studentsstudy part-time.”Thestereotypical student – male, 18 years old, white and leaving home to studyfull-time – has vanished,” claims the report.Nearly a quarter ofstudents are now entering higher education without traditional qualificationssuch as A-levels or Scottish Highers. More than one-third of creative artstudents had non- traditional qualifications.More students arestudying nearer home, a trend that may be due to the rising cost of studybrought by the introduction of tuition fees, suggests the report.The number of peopleentering higher education continues to increase despite the introduction of thefees, and about 5,000 more students entered higher education for each of thelast two years recorded in the research than the previous year. Related posts:No related photos. Stereotypical profile replacedOn 18 Apr 2001 in Personnel Todaylast_img read more

Morne Prosper road project to continue next week

first_img Tweet 117 Views   no discussions Check here to Subscribe to notifications for new posts Share Section of Morne Prosper RoadWork on the Morne Prosper road rehabilitation project is scheduled to recommence next week according to the Minister of Public Works, Energy and Ports, Honourable Rayburn Blackmoore.Work on the Morne Prosper road came to a halt a few months ago after the project’s inception in November of 2010.Mr. Blackmoore explained that although the Public Works Corporation is the entity directly contracted to undertake the rehabilitation works, he is confident that the delay is not deliberate.“We have a contract with the Public Works Corporation for almost $900, 000.00 and by next week you’re going to see work by the Corporation there. We are just winding down the contract down at the Carib Reserve and then to come to finish the work.”The Minister is also commending the support that the Government is receiving from village councils around the island, in undertaking road projects in both urban and rural communities.He announced that several village councils including Calibishie will soon be spearheading road development projects, after Government approved funds which will soon be accessible to the respective village councils. Share Share Diversion of Morne Prosper Road to facilitate Road Rehabilitation Project“We just approved from the ministry $150, 000.00 to go towards the Wallhouse Road Improvement and that money is to be made available to the village council. We just approved $150, 000.00 also for a road in the Woodfordhill/Wesley area and that we are hoping to work with the village councils. We have been empowering the village councils to get involved in cutlassing and cleaning of the drains and making the monies available to some of the councils we feel that have demonstrated over a period of time the ability to manage and to stretch the money. We have also done that with the village council in the Laplaine Constituency to empower them and to make money available to build roads,” Mr Blackmoore said.On commencement of the Morne Prosper road project, which started in November 2010, Morne Prosper residents are now using a private back road made accessible by the Alexander’s which intersects further up Copthall, since the main road is blocked.Dominica Vibes News Sharing is caring! Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. LocalNews Morne Prosper road project to continue next week by: – August 31, 2011last_img read more

New SU recruiting policy complicating management of scholarships

first_img Facebook Twitter Google+ Published on September 16, 2015 at 10:14 pm Contact Paul: [email protected] | @pschweds Scott Shafer called it a formula that comes down to numbers and timing.The Orange’s coaching staff has a desired number of players it wants at each position within the 85-scholarship allotment. Once they reach that for each recruiting class, the opportunity for other players essentially closes — even if they have a scholarship offer.Offering more scholarships than spots available is a necessity, but also problematic.“A lot of those kids will say no to us and there are instances where we have to say no to them as well,” Syracuse head coach Shafer said.As big-time recruits have started verbally committing as sophomores and juniors, Shafer said SU’s coaching staff added a prerequisite this year. In order to further evaluate prospects, it wouldn’t accept a commitment unless a player visited campus first, barring extenuating circumstances.AdvertisementThis is placeholder textBut by implementing that rule, Syracuse has temporarily turned down players that already received scholarship offers.“When you see his film and it says he’s 6-foot-5 and you see him in person he’s at 6-foot-1,” SU’s director of recruiting operations Eric White said of a hypothetical situation, “… Now we don’t know if we can take someone at his position that doesn’t hit the criteria that we wanted.”In June, Class of 2016 offensive tackle Sam Heckel planned on committing to Northwestern. But just four days earlier, the Wildcats received a verbal from another offensive lineman.All of a sudden, Heckel didn’t have a spot.“Most schools just care about the player, not the person,” Heckel said.When Heckel visited Syracuse a couple weeks following the Northwestern situation transpired, he received a scholarship offer and guards and centers coach Joe Adam told him that SU only had one spot left at the position. Fearing that he would lose another opportunity, Heckel chose the Orange two days later.If another offensive lineman had committed to Syracuse before Heckel, he wouldn’t have a spot on the team.After Class of 2016 wide receiver KJ Gray committed to Boston College in June, it was reported by Syracuse.com that he was told two months earlier that SU didn’t have any more spots left at his position. Sadiq Palmer was the second Class of 2016 player to choose the Orange and is the only wide receiver in the class.Gray declined to comment for this story.“We try to avoid (uncommittable offers) if we can,” White said. “But a lot of times what will happen is … this kid committed to us and now we’re full and we can’t take the other kid. But we try to be upfront with the kid as much as we can (beforehand) and just tell them, ‘Hey, we have two spots left at this position.’”By adding in the mandatory pre-commitment visit, Syracuse’s coaches get a better picture of whom they’re recruiting. They can actually shake the recruit’s hand instead of exchanging direct messages on Twitter. They can look them in the eye instead of looking at their avatar photo.In late July, Osceola (Florida) High School defensive back Devon Clarke tweeted that he was committing to Syracuse. He had an offer from SU, but didn’t talk to the coaches before sending the tweet. He didn’t know the Orange’s rules.Clarke, a Class of 2016 player, hadn’t visited Syracuse yet, so the coaches didn’t accept his commitment.The next day, Clarke tweeted, “(Shaking my head) thought the big orange was the place.”But after speaking with tight ends coach Jake Moreland, Clarke learned that he needed to visit SU first. He’s now setting up a visit to SU at some point this fall.“‘I don’t know where I want to go anymore because I really wanted to go to Syracuse,’” Clarke recalled thinking. “But then they said, ‘We still want you. We just want you to come visit our campus.’ … I was like ‘alright, that’s fine.’”Once Clarke visits campus, the coaching staff will get a better sense of how he might fit in with the team. Or, perhaps the coaches will realize that he wouldn’t be a good fit.That’s what happened to Class of 2016 Colonia (New Jersey) High School outside linebacker Solomon Manning. After attending Syracuse’s prospect camp in June, Manning was hoping to make a decision a few days later so he could wrap up his recruitment and start to focus on his senior year of high school.Manning’s top three choices were SU, Rutgers and North Carolina. But on his ride home from Syracuse, wide receivers coach Bobby Acosta contacted him and said he wouldn’t be able to commit to SU until midway through the season. The decision to make the offer uncommittable was Shafer’s, Manning said. Acosta told Manning that Shafer thought he was stiff in the hips.“If you give someone an offer and they can’t commit to it, it’s like giving someone a car and they can’t drive it,” Manning said.Over the next few months, Manning would have to improve his flexibility for his offer to be back in tact. But he wanted to commit over the summer, so he ruled out the Orange and committed to Rutgers.In the next two weeks, two outside linebackers verbally committed to the Orange. While it’s unknown how many OLB spots remain, it’s two fewer spots than were available when Manning committed to Rutgers.“If I knew it wouldn’t be committable until the season, I didn’t want to take that chance waiting on them and then never making an offer because they would have other spots fill up,” he said.Managing who can and can’t commit is tough, White said. Once SU hits the desired number, it won’t take another player at that position unless their talent is off the charts. Regardless of how strong a relationship is with a player, the Orange sticks to Shafer’s formula.SU follows a structure similar to most schools, Shafer and White both said. And despite recognizing its flaws, Syracuse carries on with it.“When spots are gone, they’re gone, for the most part,” White said. “It’s a bad deal, but it’s kind of how the business works.” Commentslast_img read more

Erasmus makes 10 changes for Treviso game

first_imgIt’s as you were in the half backs with Duncan Williams and Tyler Bleyendaal.Nenagh’s Donnacha Ryan has been named on the bench.A win for the reds will guarantee a home semi final and Ronan O’Mahony says it won’t be an easy game. Munster Director of Rugby Rassie Erasmus has made 10 changes to the side for tomorrows meeting with Treviso in Italy.It’s an all changed front row with James Cronin, Rhys Marshall and Stephen Archer named while lock Darren O’Shea links up with Billy Holland in the second row pairing.Ronan O’Mahony and Darren Sweetnam take over on the wings with Francis Saili joining Jaco Taute in the centre. Photo: © Munsterrugby.ielast_img read more

Can Scientific Journals Perpetuate False Ideas?

first_imgAn unusual paper appeared in PNAS this week.1  Four social scientists from Columbia and Yale argued that scientific papers can actually perpetuate false ideas rather than correct them.  The abstract says that an influential paper can generate momentum that becomes merely cited as fact by subsequent authors:We analyzed a very large set of molecular interactions that had been derived automatically from biological texts.  We found that published statements, regardless of their verity, tend to interfere with interpretation of the subsequent experiments and, therefore, can act as scientific “microparadigms,” similar to dominant scientific theories [Kuhn, T. S. (1996) The Structure of Scientific Revolutions (Univ. Chicago Press, Chicago)].  Using statistical tools, we measured the strength of the influence of a single published statement on subsequent interpretations.  We call these measured values the momentums of the published statements and treat separately the majority and minority of conflicting statements about the same molecular event.  Our results indicate that, when building biological models based on published experimental data, we may have to treat the data as highly dependent-ordered sequences of statements (i.e., chains of collective reasoning) rather than unordered and independent experimental observations.  Furthermore, our computations indicate that our data set can be interpreted in two very different ways (two “alternative universes”): one is an “optimists’ universe” with a very low incidence of false results (<5%), and another is a “pessimists’ universe” with an extraordinarily high rate of false results (>90%).  Our computations deem highly unlikely any milder intermediate explanation between these two extremes.   (Emphasis added in all quotes.)In other words, scientists tend to follow bandwagons, and one can either be an optimist that they will get it right most of the time, or a pessimist that they get it wrong most of the time.  Either way, the problem arises partly because scientists do not have the resources to study or replicate every experiment, so they tend to trust what is published as authoritative.  The volume of published material is daunting: “More than 5 million biomedical research and review articles have been published in the last 10 years,” they said.  “Automated analysis and synthesis of the knowledge locked in this literature has emerged as a major challenge in computational biology.”  Although new tools for sifting and collecting this information have been designed, what comes out may not always accelerate knowledge toward the truth, but rather maintain inertia against change.    The authors examined millions of statements from scientific texts, then formed a mathematical model to study the “large-scale properties of the scientific knowledge-production process” –We explicitly modeled both the generation of experimental results and the experimenters’ interpretation of their results and found that previously published statements, regardless of whether they are subsequently shown to be true or false, can have a profound effect on interpretations of further experiments and the probability that a scientific community would converge to a correct conclusion.They discovered “chains of reasoning” that relied on previously-published interpretations.  This counters the commonly-held belief that scientific findings act like independent data points that accumulate toward a more accurate picture.  Scientists, like other people, can follow the lemmings over a cliff:There is a well established term in economics, “information cascade”, which represents a special form of a collective reasoning chain that degenerates into repetition of the same statement.  Here we suggest a model that can generate a rich spectrum of patterns of published statements, including information cascades.  We then explore patterns that occur in real scientific publications and compare them to this model.Sure enough, scientists fell into this trap.  They tended to gather around accepted interpretations, though tending to believe their own interpretations most of all: “scientists are often strongly affected by prior publications in interpreting their own experimental data,” they said, “while weighting their own private results… at least 10-fold as high as a single result published by somebody else.”    The researchers applied probability theory to study how likely a chain of reasoning would lead to a correct result:An evaluation of the optimum parameters under our model (see Model Box) indicated that the momentums of published statements estimated from real data are too high to maximize the probability of reaching the correct result at the end of a chain.  This finding suggests that the scientific process may not maximize the overall probability that the result published at the end of a chain of reasoning will be correct.As they noted, the model is more significant than just for teasing academic curiosity: “If the problem of convergence to a false ‘accepted’ scientific result is indeed frequent, it might be important to focus on alleviating it through restructuring the publication process or introducing a means of independent benchmarking of published results.”1Rzhetsky, Iossifov, Loh and White, “ Proceedings of the National Academy of Sciences published online before print March 16, 2006, doi 10.1073/pnas.0600591103.Imagine that: the very methodology invented to uncover truth could suppress it.  This could explain the near uniform acceptance of Darwinism and condemnation of intelligent design (and other maverick ideas) in Big Science.  Could it be that publication sets off a chain reaction that gains momentum and leads to erroneous interpretations?  Could scientists sometimes be just as prone to crowd psychology as the rest of us?  And you thought that the scientific method, peer review and publishing were safeguards against collective error.  The Hwang scandal should have provided a sharp wake-up slap (see 01/09/2006).    Lest we make this one paper a self-fulfilling prophecy and start a new erroneous information cascade, we grant that such things are difficult to model mathematically with confidence.  Thomas Kuhn’s cynical view of science is not without controversy, and many scientists do work independently and interpret their results carefully.  These authors, though, should be commended for alerting us to the fact that scientists and scientific publications can perpetuate “microparadigms” that could be false.  There is anecdotal evidence to support this claim in the case of evolution vs. intelligent design.  Those who publish in the journals any statements about I.D. tend to cite the standard ID-bashing texts as references: Pennock, Gross, Forrest etc.  It is unlikely they actually read those books, and even less likely they consider the arguments on both sides.  To them, the experts have spoken, and Judge Jones has ruled, so all is needed is to make a short statement with a footnote to the authorities.    More anecdotal evidence comes from a scientist active in the ID movement, who shall remain unnamed, who stated that, in his experience, scientists tend to be very fair and self-critical in their own narrow specialties, but on other subjects, are among the most dogmatic, closed-minded people he knows.  Time and again he has seen them follow the leader – to merely ask questions like “what does Richard Dawkins think about it?  Well, then I’m agin it, too!”    On the flip side, pro-evolution scientific papers often reference authorities carelessly.  An author may refer briefly to Darwin’s finches as evidence for natural selection, for instance, passing a lateral footnote to the Grants, merely assuming that the Grants demonstrated evolution in their work, without actually studying their work critically to see whether the evidence is valid or convincing (08/24/2005, 04/26/2002).  These cases illustrate how scientists can sometimes march in lock-step on certain topics, assuming one another’s authority, instead of contributing their own independent empirical findings toward an objective truth.  Science is an intensely human enterprise and, therefore, is subject to human foibles like crowd psychology.  Our finiteness and human nature limit our ability to grasp natural realities.  One scientist cannot possibly know everything even in his or her own field.  Imagine mastering five million articles in ten years, just in one area (biomedical research), to say nothing of replicating or verifying each paper’s experimental results.  We’re human; we’re limited; it’s so much easier to cite the popular statements of the leaders and follow the chain-of-reasoning gang.  The more controversial the material (e.g., evolution vs intelligent design), the more it would seem that polarized interpretations are geared to maintain their own momentum.  Applying Newton’s Laws to social science, a body of ideas tends to remain stationary or in uniform linear motion unless acted on by a sufficient force.  And – every action to oppose the momentum has an equal and opposite reaction.(Visited 23 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Active Moons Challenge Old-Age Beliefs

first_imgBeyond the asteroid belt, where sunlight is weak, small bodies that should be old and cold seem young and active.  Here are some recent papers and reports about some of the moons around the gas giants showing more signs of vitality than expected for bodies assumed to be billions of years old.Jupiter’s Io: Astronomers at the Keck Observatory in Hawaii detected a big outburst of the Tvashtar volcano on Io.  Reported in Icarus,1a, the eruption lasted over a month from April to June 2006.  The temperature extended over 60 square kilometers and emitted 7.7 trillion watts.  The authors noted the activity at Tvashtar seen by the New Horizons spacecraft in February this year (10/15/2007), but could not say if it was a continuation of the eruption they observed.    Another paper in Icarus found plumes near Pele.1b  Using the Hubble Space Telescope, a team detected sulfur and sulfur dioxide plumes in February 2003, March 2003 and January 2004.  These plumes showed dramatic variability over a matter of days and weeks.  Additional plumes were detected at other locations.    Another paper in Icarus recalculated the heat output of Io’s volcanoes downward.2  This somewhat mitigates the problem of explaining the anomalously high temperatures measured, but still shows that, within error, Io’s heat output is right at the edge of what can be explained by theory – 1340K measured, 1300K theoretical.  Even so, getting the hot lava out in a 20-30% liquid crust while keeping the mountains up presents other theoretical problems.  The authors said that it is still possible the lavas are ultramafic (see “Io, Io, It’s Off to Work I Go,” 05/04/2004).  Whether or not the heat output can fit tidal flexing models, “Io has a staggering rate of volcanism,” they said.  “…if the observed heat loss were all provided by mafic lavas, ~500 km3 would have to be erupted each year (Blaney et al., 1995) compared to ~4 km3 per year for the Earth.”Note this admission: “if there were no efficient means of recycling the crust into the mantle, we would actually see only relatively low temperature silicate volcanism on Io.”  Models of Io’s interior, therefore, include the recycling assumption: “The fact that eruption temperatures in excess of 1100 °C are observed requires that there be an efficient recycling mechanism and that there is limited differentiation between the crust and mantle.”  This requirement comes from the assumption that Io is 4.5 billion years old.Jupiter’s Europa:  A paper in Icarus about Europa this month,3 though focused primarily on its magnetic interactions with Jupiter, repeated the well-known evidence of the moon’s youthfulness:Galileo measurements of Europa’s gravitational field and modeling show Europa to be a differentiated satellite consisting of a metallic core, a silicate mantle and a water ice�liquid outer shell.  The minimum water ice�liquid outer shell thickness is about 80 km for plausible mantle densities (Anderson et al., 1998).  High resolution data obtained with the Solid State Imaging (SSI) system show evidence of a young and thin, cracked and ruptured ice shell (e.g., [Belton et al., 1996] and [Carr et al., 1998]).  The geological observations imply that warm, convecting material existed at shallow depths within the subsurface at the time of its recent geological deformation.A dazzling montage of Europa, reprocessed from Galileo images, was posted on Astronomy Picture of the Day for December 2.Saturn’s Titan:  A range of mountains on Saturn’s largest moon Titan was discovered by radar imaging in 2005.  This month in Icarus,4 Cassini scientists analyzed this feature which stands out from the rest of the moon’s mostly gentle terrain.  As with the Appalachians on earth, they said “erosion seems to act fast enough (or mountain-building slow enough) to preclude the formation of abundant features taller than a few hundred meters.”  They estimated the age of the range at 20 to 100 million years old maximum – which would be less than 1/40 the assumed age of the moon.  “This is short for planetary geological timescales, and further corroborates the conclusion from the dearth of impact craters [refs] that the surface overall is less than a billion years old.”  These figures should be understood as upper limits.Saturn’s Enceladus:  The geyser moon of Saturn got another write-up in Icarus this month.5  This time, however, the focus was not on the plumes at the south pole, but on the wrinkles and ridges near the equator.  The ridges appear to be up to 400m high and 3-4 km apart.  This area may lack the tiger stripes and eruptions of the south polar terrain, but has been active recently as well: there are “extensive sets of parallel, north�south trending ridges and troughs occur within the planitiae themselves, and evidence for resurfacing and extensional tectonics abounds.”    Models of fracturing caused by unstable extension (stretching) of the crust are 2 to 3 times too low to account for the observed ridges.  Perhaps some other process amplified the stretching.  Because Jupiter’s moon Ganymede is more massive, the grooves on that moon are even harder to explain, they said.    The tremendous range of ages of surface features on Enceladus led the scientists to begin their paper with an obvious but astonishing statement: “Saturn’s moon Enceladus is one of the great enigmas of the outer Solar System.”Neptune’s Triton:  One would think the farther out you go from the sun, the colder it gets, and, therefore, the more quiescent.  That is surely not the case at Neptune, which has some of the strongest winds, and for its moon Triton, another aging body sporting a young physique.  “Triton’s geological complexity ranks with Europa and Titan,” said another paper in Icarus this month that claimed the moon Triton has a “negligible surface age.”6    All the impact craters on Triton cluster on the leading hemisphere, suggesting a pummeling from objects in orbit around Neptune.  None of the craters appear to have come from outside the system.  The authors put an upper limit of 50 million years on the heavily cratered leading hemisphere, and 6 million years on the Neptune-facing “cantaloupe terrain” observed by Voyager 2 in 1989.  This would be negligible indeed – about 1/10 of 1% of the assumed age of the solar system.    The authors considered whether the young-looking terrain was resurfaced because of the cratering or other factors in the past, and ruled them out.  “no matter what, Triton has to have actively resurfaced on a time scale short compared to its age,” they said.  Obviously, “From the perspective of Triton’s thermal history, there is little distinction between a world that remains active for 4.0 billion years and a world that remains active for 4.5 billion years.”  The resurfacing rate on Triton has probably been high for a long time, they judged.  In fact, “Our results push Triton’s surface to even younger, perhaps negligible, ages.  If we accept the hypothesis that most of Triton’s large craters are not heliocentric [i.e., not caused by interlopers from all angles], then the surface may be significantly younger than Europa’s.  The consensus is that Triton’s surface is very young, and therefore is probably geologically active today.”Sources of heating that might keep small bodies active include (1) radioactive heating in the core, (2) tidal flexing, (3) impacts.  It seems unlikely any of these could work non-stop for 4.5 billion years on moons as small as Enceladus; indeed, a paper in the September issue of Icarus said that resonance and tidal heating is insufficient to account for the observed flux; “Therefore, the source of endogenic activity of Enceladus remains unexplained.”7  And if the activity began just recently, why at a time when humans are present to observe it?1a.  Laver, de Pater and Marchis, “Tvashtar awakening detected in April 2006 with OSIRIS at the W.M. Keck Observatory,” Icarus, Volume 191, Issue 2, 15 November 2007, Pages 749-754.1b.  Jessup, Spencer and Yelle, “Sulfur volcanism on Io,” Icarus, Volume 192, Issue 1, 1 December 2007, Pages 24-40.2.  Keszthelyi et al, “New estimates for Io eruption temperatures: Implications for the interior,” Icarus, Volume 192, Issue 2, 15 December 2007, Pages 491-502.3.  Schilling, Neubauer, Saur, “Time-varying interaction of Europa with the jovian magnetosphere: Constraints on the conductivity of Europa’s subsurface ocean,” Icarus, Volume 192, Issue 1, 1 December 2007, Pages 41-55.4.  Radebaugh, Lorenz, Kirk, Lunine, Stofan, Lopes, Wall and the Cassini Radar team, “Mountains on Titan observed by Cassini Radar,” Icarus, Volume 192, Issue 1, 1 December 2007, Pages 77-91.5.  Bland, Beyer and Showman, “Unstable Extension of Enceladus’ Lithosphere,” Icarus, Volume 192, Issue 1, 1 December 2007, Pages 92-105.6.  Schenk and Zahnle, “On the negligible surface age of Triton,” Icarus, Volume 192, Issue 1, 1 December 2007, Pages 135-149.7.  Rappaport, Iess, Tortora, Anabtawi, Asmar, Somenzi and Zingoni, “Mass and interior of Enceladus from Cassini data analysis,” Icarus, Volume 190, Issue 1, September 2007, Pages 175-178.As if this weren’t enough, there is recent evidence that Pluto, Charon and some of the Kuiper Belt objects and minor planets at the farthest reaches of the solar system also show activity on their surfaces.    CEH is one of very few websites reporting the latest papers from leading scientific journals with a critical analysis of their evolutionary implications.  TV documentaries and textbooks rarely mention these very serious problems with standard theories of the solar system.  You have just seen that the best planetary scientists in the world, constrained within their chosen billions-of-years mindset, have many questions and few answers.  We hope you find this liberating.(Visited 30 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Thousands Petition Senate Against Proposed VC Tax Hikes

first_imgTop Reasons to Go With Managed WordPress Hosting Tags:#Analysis#start The National Venture Capital Association (NVCA) announced Tuesday that it delivered letters signed by over 1,700 members of the entrepreneurial community to each U.S. Senator in hopes of raising awareness of potentially harmful legislation. The Senate is considering financial reforms that could eliminate capital gains tax incentives for venture capital carried interest, which the NVCA says could lead to a severe decline in VC investments.Carried interest is a share of profits from a successful business partnership that is given to the manager of the fund, or in startup terms, money that is given to a VC or a firm when a company they invest in does well. Capital gains tax is a special lower income tax rate given to VCs based on these long-term investments. “A change in venture capital carried interest will result in less venture investment in U.S. start-ups and fewer new jobs.”– Mark Heesen, NVCAIn other words, as the laws stand now, VCs don’t have to pay full income tax rates on their carried interest from investments. If this new financial reform passes, VCs will no longer be given this special rate and will be forced to pay higher taxes – a situation many believe would directly lead to fewer investments.As NVCA president Mark Heesen argues, this kind of legislation is in direct conflict with the government’s goals to turn the country around economically. “As more than 1,700 VCs, entrepreneurs and concerned citizens will attest, a change in venture capital carried interest will result in less venture investment in U.S. start-ups and fewer new jobs. If venture capital investment disappears, there is no other asset class which will fill this void,” said Heesen in a press release Tuesday.Tuesday, the NVCA delivered a document including a cover letter and 44 pages of signatures protesting the changes to the desks of each U.S. senator – 4,500 pages in all. Perhaps the sheer weight of the petitions themselves will have a lasting impact on the senators before they vote on the legislation.According to the letter penned by Scale Venture Partners Managing Director and NVCA Chair Kate Mitchell, venture backed companies now account for 11% of the American workforce. Over half a million employees currently work at companies receiving venture funding. “These companies have added thousands of new positions each month throughout the recession and will continue to do so,” adds Mitchell.With further regulations proposed by Senator Christopher Dodd, which would require angel investments to be approved by the SEC, the future of the VC industry could be in danger of being crippled by legislation. For a country that is hell-bent on job creation and reversing the financial downturn, it seems backwards to be limiting the very investments that have steadily produced job opportunities for years. Entrepreneurship is what founded this country and it is what continues to drive us into the future. Attempting to restrict and tax those that fund entrepreneurship is not likely to be a viable long term solution to our current woes.Photo by Flickr user Kevin Burkett. Related Posts chris cameroncenter_img A Web Developer’s New Best Friend is the AI Wai… Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

a day ago​Rice demands West Ham response against Sheffield Utd

first_imgAbout the authorFreddie TaylorShare the loveHave your say ​Rice demands West Ham response against Sheffield Utdby Freddie Taylora day agoSend to a friendShare the loveWest Ham United star Declan Rice wants to see his team put in a great performance against Sheffield United.The Hammers were disappointed to lose out against Everton on Saturday in the early kickoff.But they know that getting back to winning form is crucial if they want to challenge for a European position in the league.”We know we need to perform better than we did at the weekend,” Rice explained to the club website. “You have to be honest and it was shocking, we let the fans down, we let ourselves down.”We reviewed the game and watching it back was tough because we all know we’re not those players. We could have played so much better. That’s in the past now, we’ll look forward to Saturday because there’s no better way to get over that than another game at home when we’ll try to get the three points.”One win puts us back towards fifth, sixth position. We need to stay positive and we need everyone behind us on Saturday to be that twelfth man and push us on.”Sheffield United have performed well – they’ve beaten Arsenal, drawn with Chelsea, narrowly lost to Liverpool so we know it’s going to be tough for us. “But we’re the home team on Saturday and it’s massive that we go out there and put on a performance. Especially after the Everton game it’s going to be key that we get three points.” last_img read more

Chelsea need quick resolution

first_imgGianfranco Zola wants Chelsea to resolve the managerial situation quickly, according to Sky Sports.The Blues legend is hoping that his former club resolves the current uncertainty regarding the managerial position at the club whilst also refusing to deny speculation linking him with a move back to the club.Former Napoli boss Maurizio Sarri has been heavily linked with the position but Antonio Conte still remains in charge of the Stamford Bridge.The Napoli boss  is keen on the Chelsea managerial position but Napoli chairman Aurelio De Laurentiis is demanding compensation before releasing the 59-year-old.Maurizio Sarri, JuventusMaurizio Sarri satisfied despite Juventus’ draw at Fiorentina Andrew Smyth – September 14, 2019 Maurizio Sarri was satisfied with Juventus’ performance on Saturday afternoon after finishing a tough game at Fiorentina 0-0.Sarri has a backroom staff in place which includes Zola, and the former Chelsea forward is keen to see the matter resolved as quickly as possible for the good of the club.“I really hope whatever happens, happens quickly. I am in a tight situation because the speculation involves me as well,” said Zola.“It’s difficult because we are talking about two coaches I respect a lot, for me to say more on this is very hard. I hope a quick solution is found for both parties.”Zola who is adored by fans of Chelsea admitted he would relish a return to Stamford Bridge.last_img read more

Harry Kane thinks lack of transfers gave Spurs the win

first_imgSpurs’ striker Harry Kane was bussing after the victory at Old Trafford, but a day after the win he was able to explain that the lack of new players motivated them.A couple of days after the historic Spurs’ victory at Old Trafford in which the only top-five club that didn’t sign new players defeated the Red Devils, we are still trying to make sense of what happened but Harry Kane has a very interesting theory. The England skipper is convinced that the lack of new arrivals has given all Tottenham Hotspur players a new drive, a motivation that only they understand how it works because they feel like they have to do the extra effort compared to the rest of the clubs in both the Premier League and Europe. Kane used Lucas Moura’s arrival from last season as a perfect example because the Brazilian hadn’t performed well in his first year as a Spurs player, so this year is different because he decided to remain at the club and work hard for glory days like the one he got last Monday. We know that it would be crazy to think the Spurs actually have a shot at the title, but it will be interesting watching them play all season with this obvious handicap.2️⃣ consecutive Man of the Match performances. ?⚡ Moura that. ⚡#COYS pic.twitter.com/ikTnt1igWV— Tottenham Hotspur (@SpursOfficial) August 28, 2018When asked about the extra effort they have to make in order to compete, Kane said: “That’s what happens. The gaffer said he’s not just going to bring in players for the sake of it. What that does is it give the rest of the squad huge belief, because it shows he has belief in us. So now we have to repay him for that and repay the club for that. Lucas [Moura] is one of them that some fans might have thought ‘is he going to stay or is he going to go?’ He’s stayed, and he’s worked hard and he’s done well, and he’s deserved his place in the team and that’s what it’s about. He wants to keep his place and we all do. The competition for places is high and we’ve just to keep it going. We’ve maybe fallen behind at the start of the season the last few years, so we have to stay up there from the very start. The only way to do that is to come here and win, and all the other big games as well. It’s a great start for us. We’re not getting too carried away, of course, it’s only three games in, but that’s what we needed. We needed to start the season well and now it’s about maintaining that for the rest of the year.”Raw emotion. ⚡?#COYS pic.twitter.com/WkRfrVw3vRTammy Abraham, ChelseaChelsea hat-trick hero Tammy Abraham hopes for more Andrew Smyth – September 14, 2019 Tammy Abraham hopes this season will be his big breakthrough at Chelsea after firing his first hat-trick for the club in Saturday’s 5-2 win at Wolves.— Tottenham Hotspur (@SpursOfficial) August 28, 2018Despite Tottenham not having made any signings this season, there is no doubt that Mauricio Pochettino already has an incredible squad which they have been able to put together in the last five seasons and one that can indeed give them a good enough chance to compete for trophies this season. Mauricio Pochettino knows that he will need to win a trophy soon because despite having played spectacular football during his spell with the North London side, this is a club that has grown enough in the last decade to start demanding trophies and the clock is ticking for the Argentine manager. It’s not as if Daniel Levy isn’t happy with Pochettino, but even a patient man like him can get tired eventually and decide to change the manager one day out of the blue. Harry Kane is right at the center of this new season because he is the franchise player that any club in the world would love to have and who is actually capable of getting Tottenham a trophy with his incredible stats. Let’s see if not having any new players this season will be an important factor in their performance, we certainly expect that it isn’t.⚽ @HKane loves scoring in August…#COYS pic.twitter.com/QTqSF5VPFr— Tottenham Hotspur (@SpursOfficial) August 28, 2018Do you think Tottenham Hotspur will suffer this season with no new signings? Please share your opinion in the comment section down below.last_img read more