Monday, September 14, 2009

Hatzalah & Magen David Adom


JPost

If you or somebody near you is hurt or ill and calls 101 for Magen David Adom, the first person to arrive may come on foot, in his private car, a motorcycle, a motorbike, a four-wheel-drive Tomcar, an "ambuboat" on Lake Kinneret or even a bicycle - but not an ambulance.

These rescuers volunteer for MDA - and in many cases, they are also unpaid medics or paramedics for United Hatzalah on call 24 hours a day who stop whatever they're doing to reach the person in need. They are usually only a few minutes away. [...]

The Van Jones matter - C Krauthammer


JPost

So Van Jones, the defenestrated White House green-jobs czar, once called Republicans "a-holes." Big deal. I've said worse about Democrats. I've said worse about Republicans. I've said worse about members of my family (you know who you are).

How prissy have we become? Are we allowed no salt in our linguistic diets?

Having once written a column praising vice president Richard Cheney's pithy deployment of the F-word - on the floor of the Senate, no less - I rise in defense of Jones. True, Jones' particular choice of epithet had none of the one-syllable concision, the onomatopoeic suggestiveness, the explosive charm of Cheney's. But you don't fire a guy for style.[...]

Day schools & economic crisis


JPost

NEW YORK - As schools across America opened their doors for the new academic year this month, in a corner of Orange County, California, the Morasha Jewish Day School stayed dark.

Last spring, it failed in its last-ditch effort to raise much-needed cash through the sale of land. In April, the school's fate was sealed and the board sent a letter to parents outlining the grim financial situation.

"It is with much sadness, therefore, that we share that Morasha Jewish Day School is a casualty of the economic downturn," the letter read.

When it shuttered its doors for good in June, Morasha was not alone. Since the economic collapse last fall, day schools with fragile finances and dwindling enrollment have been forced to close. Others have seen dips in enrollment and significant increases in financial assistance. [...]

Sunday, September 13, 2009

Wall St. wizards ignored human nature


NYTimes

IN the aftermath of the great meltdown of 2008, Wall Street's quants have been cast as the financial engineers of profit-driven innovation run amok. They, after all, invented the exotic securities that proved so troublesome.

But the real failure, according to finance experts and economists, was in the quants' mathematical models of risk that suggested the arcane stuff was safe.

The risk models proved myopic, they say, because they were too simple-minded. They focused mainly on figures like the expected returns and the default risk of financial instruments. What they didn't sufficiently take into account was human behavior, specifically the potential for widespread panic. When lots of investors got too scared to buy or sell, markets seized up and the models failed.

Angry crowds against Obama's programs

Friday, September 11, 2009

Yeshiva training Orthodox women rabbis


Jewish Journal of LA (hat tip to RaP)

Today is the opening day of Yeshivat Mahara"t, a day I believe, that will go down in history. It is the first program open to Orthodox women that is willing not only to train, but to ordain women as spiritual leaders— as rabbinic leaders— in the Orthodox community. This is the message that I hope to impart to the inaugural class: