Twenty-seven-year-old Omaha, Nebraska, resident Erin Duffy has never had – or even wanted – a credit card.

“I’ve been able to get along without it,” she says, attributing the choice to ambivalence and a wariness of plastic her parents fostered in her during her formative years. “I’ve liked being able to pay for things as I go, not having to worry about missing a bill.”

Duffy’s decision to live without credit cards is more common than you may think. A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International.

Comparatively, only 35 percent of adults 30 and over don’t have credit cards.

There are, admittedly, external factors influencing the statistics. An April 2014 Gallup poll found Americans’ reliance on credit cards, in general, has declined steadily since the Great Recession. Moreover, the Credit Card Accountability, Responsibility and Disclosure Act of 2009, or CARD Act, made it harder for anyone under 21 to get a credit card.

There’s also a more straightforward reason why a majority of millennials aren’t carrying the payment method: Many, like Duffy, just don’t want credit cards.

“I don’t really feel like there’s a need for one in the way I live my life,” says Melissa Pileiro, a 24-year-old resident of Vineland, New Jersey. “The idea with a credit card is you’re essentially putting money down that you don’t have.”

Like many members of her demographic, Pileiro is perfectly content with her debit card, a payment method whose existence has eaten into the credit card’s market share.

Millennials “grew up in a world where the economy was tanking,” says David Pommerehn, senior counsel with the Consumer Bankers Association. “There was great concern about jobs and debts and paying off bills.”

At the same time, college costs – and subsequently student loans – have ballooned. According to the Project for Student Debt, student debt increased an average of 6 percent each year from 2008 to 2012, with college graduates from 2012 having an average student loan debt of $29,400.


David Kenyon Webster Senior page and club photo from The Taft School ‘40 yearbook.

                David Kenyon Webster

                33 Millard Avenue,

                Bronxville, New York

In the three years that Ken has been here at Taft he has gained the respect of his masters and classmates with his quiet and studious manner. He never gets upset over the little things that bother most of us. Web has shown that he has an eye for business and does it in a very efficient way. He has an unusual liking for sailing vessel. If you were to drop in his room some quiet afternoon, you would most likely find him lost in a pile of shavings that are scraps from the boat he is at the present building. He has a “Stick-to-itive-ness” and “never-give-up” Attitude, which he has shown in his wrestling that will undoubtedly bring him happiness and success at Dartmouth as well as in later life.

                  Three years in School

“Ken”, “Web”                    Alpha

Second Team Wrestling ’40; Track Squad ’39, ’40; All-Club Football ’40; German Cub ‘40

If You Want to Live, Look Down

by reddit user DoubleDoorBastard

@sixpenceee‘s thoughts: One of the most brilliant horror stories I’ve read. This story has me on the edge. I really enjoyed it. 

As a life-long hotel maintenance worker, I’ve seen some bizarre occurrences throughout my career. I’m not going to bore you with the details of the people who broke their toilet while trying to flush human remains, or the time I had to call the hospital after I found a very, very high individual trying to ‘consummate’ a relationship with one of the hotel’s boilers. It’s a messier, nastier job than all the recruitment shit they slam into high school career fairs would have you believe.

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The preferred free-market plan for health care policy should be no plan whatsoever. The idea that we need a federal top-down strategy to manage a huge chunk of the economy is at the very heart of the problem. We don’t need a federal plan for health care. Yet Republicans have allowed liberals to frame the entire health insurance debate in these anti-market terms.

So the American Health Care Act, or AHCA, is obviously weak tea, falling far short of a promised free-market solution, much less a full “repeal” of Obamacare. It’s a half-measure that endeavors to fix Obamacare with small doses of deregulation while failing to repeal its core. It’s almost as if Republicans were trying to mollify their constituents and save Obamacare at the same time.

—  David Harsanyl, Senior Editor of The Federalist

FLYING SKY HIGH is a oc small group set in the sky high universe. high in the heavens above lies a school like no other – an airborne institute for teenagers with super powers. while sky high prides itself on raising the next generation of superheroes and sidekicks, every so often there are the black sheeps – supervillains who defy the very principles that were ingrained in them. but before their fate is sealed on them, there is the beginning. there is high school.

additional information can be found under the read more. 

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Chomsky was right: We do have a "grammar" in our head

A team of neuroscientists has found new support for MIT linguist Noam Chomsky’s decades-old theory that we possess an “internal grammar” that allows us to comprehend even nonsensical phrases.

“One of the foundational elements of Chomsky’s work is that we have a grammar in our head, which underlies our processing of language,” explains David Poeppel, the study’s senior researcher and a professor in New York University’s Department of Psychology. “Our neurophysiological findings support this theory: we make sense of strings of words because our brains combine words into constituents in a hierarchical manner—a process that reflects an ‘internal grammar’ mechanism.”

The research, which appears in the latest issue of the journal Nature Neuroscience, builds on Chomsky’s 1957 work, Syntactic Structures (1957). It posited that we can recognize a phrase such as “Colorless green ideas sleep furiously” as both nonsensical and grammatically correct because we have an abstract knowledge base that allows us to make such distinctions even though the statistical relations between words are non-existent.

Neuroscientists and psychologists predominantly reject this viewpoint, contending that our comprehension does not result from an internal grammar; rather, it is based on both statistical calculations between words and sound cues to structure. That is, we know from experience how sentences should be properly constructed—a reservoir of information we employ upon hearing words and phrases. Many linguists, in contrast, argue that hierarchical structure building is a central feature of language processing.

In an effort to illuminate this debate, the researchers explored whether and how linguistic units are represented in the brain during speech comprehension.

To do so, Poeppel, who is also director of the Max Planck Institute for Empirical Aesthetics in Frankfurt, and his colleagues conducted a series of experiments using magnetoencephalography (MEG), which allows measurements of the tiny magnetic fields generated by brain activity, and electrocorticography (ECoG), a clinical technique used to measure brain activity in patients being monitored for neurosurgery.

The study’s subjects listened to sentences in both English and Mandarin Chinese in which the hierarchical structure between words, phrases, and sentences was dissociated from intonational speech cues—the rise and fall of the voice—as well as statistical word cues. The sentences were presented in an isochronous fashion—identical timing between words—and participants listened to both predictable sentences (e.g., “New York never sleeps,” “Coffee keeps me awake”), grammatically correct, but less predictable sentences (e.g., “Pink toys hurt girls”), or word lists (“eggs jelly pink awake”) and various other manipulated sequences.

The design allowed the researchers to isolate how the brain concurrently tracks different levels of linguistic abstraction—sequences of words (“furiously green sleep colorless”), phrases (“sleep furiously” “green ideas”), or sentences (“Colorless green ideas sleep furiously”)—while removing intonational speech cues and statistical word information, which many say are necessary in building sentences.

Their results showed that the subjects’ brains distinctly tracked three components of the phrases they heard, reflecting a hierarchy in our neural processing of linguistic structures: words, phrases, and then sentences—at the same time.

“Because we went to great lengths to design experimental conditions that control for statistical or sound cue contributions to processing, our findings show that we must use the grammar in our head,” explains Poeppel. “Our brains lock onto every word before working to comprehend phrases and sentences. The dynamics reveal that we undergo a grammar-based construction in the processing of language.”

This is a controversial conclusion from the perspective of current research, the researchers note, because the notion of abstract, hierarchical, grammar-based structure building is rather unpopular.

anonymous asked:

Helloo new counselor! I am so SO glad you decided to come help out here at Camp Campbell! I'm positive you're going to have the BEST TIME! I'm David, your senior counselor, and i'll be helping you adjust to life working here! *David offers you his hand* Ready to go and take a look around the camp, newbie?

Originally posted by daddyslittlecuteprincess

A Hero For The Arts And Sciences: Upcoming Marvel Covers Promote STEAM Fields
The five covers feature the company's heroes — including Spiderman, Iron Man, and the Hulk — all engaging in activities educators have been trying to promote.

Last week, the publisher unveiled the last of five special covers featuring disciplines that guide school curricula nationwide — Science, Technology, Engineering, Arts, and Math, also known as STEAM. It’s part of an effort, the company says, to encourage young readers to double-down on their studies and explore fields said to lead to better jobs.

“We plan to continue to motivate our fans to explore their passions in the fields of science, technology, engineering, art, and math and present these disciplines through some of our favorite young heroes who are doing just that — following their dreams and preparing for the challenges that await them ahead,” David Gabriel, Senior VP for Sales & Marketing of Marvel Comics said in a statement.

ES Views: We must take the threat of cyber attacks seriously

There is no silver bullet for protecting against ransomware and the overwhelming concern for personal data is exactly what cyber-criminals are counting on. The individual ransom demands seem low, around $300 (£230), but this will add up quickly if hundreds or thousands of computers are affected.

Although paying a ransom might encourage further attacks, the reality is that patient care could be affected in a very direct way if care givers are unable to access their systems. As with many aspects of information security, prevention is better than cure, but ransomware is very difficult to prevent totally.

The NHS seems to have taken the best action it can — by shutting down systems, it has limited the spread of the infection.
David Warburton, F5 Networks

Senior civil servants in Whitehall have been pushing government organisations such as the NHS into keeping computer records, without any paper alternative or back-up, for the best part of a decade. More and more services — such as legal aid and the courts — are scrapping the paper version of their applications and records.

Now, with last weekend’s cyber attacks on the NHS, we see the way Whitehall has left us all vulnerable. Please do not blame the hospitals and the doctors. Top civil servants have had a ridiculous faith in modern technology, which is now seen to be hopelessly misplaced.

This was all entirely foreseeable and they have been warned for years. They just would not listen to professionals who told them this would happen.

A complete reversal of policy is urgently needed as clearly demonstrated by the past few days.
Nigel Boddy

The chickens are coming home to roost over underfunding of NHS in real terms. Upgrading of old computer systems was not done due to a lack of funds and now it will cost much, much more to upgrade them to give them better security against future attacks — plus all the extra costs of the chaos this cyber attack caused with delayed operations and appointments, to say nothing of stress caused to patients.

Why has Jeremy Hunt been so silent on this?
Valerie Crews

Has anyone noticed the “strong and stable” leadership shown by the Health Secretary, Jeremy Hunt, over the ransomeware cyber-attack on the NHS which has now infected more than 40 hospitals in the UK? Me neither.
Sasha Simic

I really do hope that the operating system that was so comprehensively attacked by cyber-criminals at the weekend is not the same one used on our nuclear submarines.
Delia Costello

Solution to knife crime is education

Your editorial (“What lies behind the knife crime figures”, May 12) courageously eschews political correctness and highlights the fact that the recent scourge of knife crime in London falls heavily on the black community, and that there is no group with more at stake than black parents.

And yes, the solution lies in education. Which means pupils being taught the futility of carrying a knife or belonging to a gang, and teachers not indulging black patois or nihilistic rap culture and encouraging black children to strive for academic excellence above all else. And zero tolerance of knives.
Stan Labovitch

The fall in stop and search over recent years has been due in no small measure to the advancement of the “social worker” role of the police, combined with the constant lobbying of the civil liberties fraternity who pounce on every perceived mistake.
Crawford Chalmers

It is a matter of deep regret that many influential voices did not listen to frontline police officers when they attempted to explain the sound rationale behind their stop-and-search policy. The recent resurgence of knife crime is exactly what those officers predicted would be the result of restrictions on stop-and-search.

Such displays of liberal piety, while no doubt flattering to the ego, have consequences in real life.
Richard Hickey

Is Crossrail 2 really worth the cost?

It seems that not a week goes by without a group of business or civic leaders declaring that Crossrail 2 is essential and that it must proceed without delay. Perhaps the funding isn’t forthcoming because the scheme is poorly conceived and does not offer good value for money.

London, and our other major cities, badly need better transport capacity and connectivity, so maybe it’s time that those promoting Crossrail 2 started to look at more affordable, and faster ways of achieving this.

If we had £30 billion to spend on improving transport, is this really the best we could do?
Tom Noble

Join the conversation: #esnewsviews

Seventies weren’t all bad, you know

I don’t understand the jibe about Labour going back to the Seventies as though it were a bad time (with its election manifesto launched last week. The Seventies were a good time for many people.

The gap between rich and poor was at its lowest level, consequently happiness levels were at their highest point. Working weeks were getting shorter, the retirement age coming down. There were even hot summers.
Paul Donovan

Businesses in the West End are watching the election aware that one of their biggest taxes has just increased massively. Stores face an average 80 per cent increase in their business rates compared with last year. High streets throughout London will see shop, pub and restaurant closures as businesses struggle to find this huge amount of extra money, particularly at this time of economic uncertainty.

Many others will have to cut investment in their businesses and in job creation. The business rate system fails the three principles of good taxation. It is not fair, it is not progressive and it is clearly not based on an ability to pay.
Sir Peter Rogers, chairman, New West End Company

l was extremely pleased about Labour’s manifesto, especially with regards to renationalising our railways. Bearing that in mind, l find it difficult to believe that Labour is supporting HS2, the £65-£90 billion white elephant that will hurt thousands of people, and only benefit the few. We simply cannot afford both Brexit and HS2.
Mimi Romilly

Join the conversation: #eselection2017

Spurs can still win title in my fantasy

Deep in the bowels of a vault in N17, I can reveal that the 2016-17 season was meant to be the first when a bonus point was to be awarded when a team scores four or more goals (like in the Rugby Premiership with four tries).

On this basis Spurs are in still in with a good chance of winning the Premier League. Don’t we all like fantasy football?
Michael Cross

Join the conversation: #essportviews

Canada's jobs report disappoints

(Production Associates inspect cars moving along assembly line at Honda manufacturing plant in Alliston, Ontario March 30, 2015.Fred Thornhill/Reuters)
Canada’s jobs report disappointed, snapping a multi-month-long streak of solid gains.

The economy added 3,200 jobs in April, according to Statistics Canada. That number is below economists’ expectations of an 10,000 job jump.

Worse, full-time employment fell by 31,200. Most of the job gains were in part-time positions, which rose by 34,300.

“All in all, a fairly weak jobs report,” said David Madani, Senior Canada Economist at Capital Economics, in a note.

Breaking down the data by age, employment dropped by 20,000 for men aged 25 to 54, primarily in full-time positions. Employment ticked up for those aged 55 and up.

The unemployment rate ticked down to 6.5% from 6.7%. It was at 7.1% about a year ago.

“[T]here still appears to be significant underemployment,” Madani added. “Wages and salaries growth has been sluggish mainly because of a slowdown in hours worked. This is broadly consistent with the recent decline in core inflation, a trend which justifies the Bank of Canada’s cautious stance on the outlook for interest rates.”

The previous month saw 19,400 jobs added, far above economists’ expectations of 5,700. Crucially, almost all the jobs added in March were full-time, as opposed to part-time.

NOW WATCH: People are outraged by a Pepsi ad starring Kendall Jenner — here’s how the company responded

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Former top Obama adviser on Clinton: 'It takes a lot of work to lose to Donald Trump, let me tell you'

(David AxelrodScreenshot/CNN)
President Barack Obama’s former senior adviser, David Axelrod, told CNN on Wednesday that Hillary Clinton should take full responsibility for her mistakes in the 2016 campaign, noting that “it takes a lot of work to lose to Donald Trump.”

During an event with journalist Christiane Amanpour on Tuesday, Clinton said she was “on the way to winning” the election when FBI Director James Comey sent a letter to Congress 11 days before the election informing them that he had reopened the investigation into Clinton’s use of a private email server. Clinton argued that this discouraged voters who otherwise would have supported her.

Axelrod conceded that Clinton has “legitimate beef” with Comey, but argued that the FBI’s interference does not clear the Clinton campaign of responsibility for their own mistakes, including failing to spend enough time and resources in key states like Michigan and Wisconsin.

“Jim Comey didn’t tell her not to campaign in Wisconsin after the convention, Jim Comey didn’t say ‘don’t put any resources into Michigan until the final week,’” he said.

Axelrod, who was Obama’s chief strategist on both of his winning presidential campaigns and advised him in the White House, argued that Clinton’s reputation for dodging responsibility for her mistakes has hurt her in the past and is not a wise strategy going forward.

“One of the things that hindered her in the campaign was a sense that she never fully was willing to take responsibility for her mistakes, particularly that server,” Axelrod said. “So if I were were her, if I were advising her, I would say, 'don’t do this, don’t go back and appear as if you’re shifting responsibility off.’”

NOW WATCH: How Hillary Clinton survived one of the biggest scandals in American politics

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On a bright spring afternoon this May, Tom Charles drove to Newark International Airport to pick up a family of Syrian refugees. Charles is an attorney and a bank consultant, devoted to data and details, but he had scant information on the family that would become part of his life for the next year.

He was also sure the Syrian family knew nothing about his team from Nassau Presbyterian Church, who would drive them from the airport to a donated house in Princeton, N.J.

“They know nothing about us. Nothing at all,” said Charles, “They are arriving at the airport and they’ve only been told that someone will greet you.”

Across the country, private organizations, faith-based groups and individuals quietly have been working to ease the plight of Syrian refugees. More than 11,000 have arrived in the U.S. this year, fulfilling a pledge by the Obama administration. That figure far exceeds the number of Syrian refugees accepted during the previous four years of the Syrian war, and the White House is calling for a big bump in the overall number of refugees next year.

But the “surge” this year has overwhelmed official resettlement agencies, with the majority of Syrians landing in the past five months. These private groups are volunteers stepping in to offer services and resettlement support.

Nassau Presbyterian Church has a long history of supporting refugees, including Cubans, Vietnamese, Bosnians and Iraqis, said senior pastor David Davis.

“We’ve been in the refugee business for 50 years — it’s been a family every five years,” he said. “For us, it is acting and living out our faith.”

The church sponsorship provides financial and practical support, including housing, school enrollment, language training and help in finding employment. In practice, it’s more like an adoption — an intense relationship to integrate the outsiders.

The Hopes (Security) And Fears (Bears) Of Syrian Refugees In New Jersey

Photos: Jake Naughton for NPR

From things that we gather from some analysis that Disney does on who is buying Marvel as a brand, and from talking to retailers and looking at our titles, we’re probably up to at least 40% female, which eight years ago might have been 10%. And 15 years ago might have been nothing, while they were all buying manga. So there’s really been a shift, which is great, and it even could be even higher than 40%. I’m sure if you go into some retail shops in different parts of the country, that’ll be 50-60% female, and some lower. But that’s about what we’re seeing now. We also get some stats from digital; they’re a little better at knowing who the customer is.
—  David Gabriel, Marvel Senior VP of Print, Sales & Marketing

Democrats raise $13,000 for firebombed GOP office

After the GOP headquarters in North Carolina was firebombed Saturday night, Democrats have raised over $13,000 to help reopen the center. David Weinberger, a senior researcher at Harvard’s Berkman Center for Internet and Society, set up a GoFundMe Sunday. It met its goal in lightning fast time.