Monday, January 5, 2015
The people running things don't seem to have any idea how economics work. The media should ignore the pronouncements of such people in the future. They won't, but they should call David Siegel on his bullshit the next time he threatens to fire a lot of his workers because they don't want to vote for Mitt Romney.
One thing I can guarantee you about American politics--anyone who has money has a voice that the poor will never have.
This is a great story about why there is something broken with the system that educates people in this country:
Just 11 percent of low-income students who are the first in their family to attend college will have a college degree within six years of enrolling in school. This stems from many issues. Students from low-income backgrounds often attend high schools without rigorous college-prep tracks, meaning their access to good information on higher education may be inadequate. Many of them are also significantly behind academically, which stymies them from applying or being accepted to certain schools. And to make matters worse, thousands of colleges across the country lack resources or programs earmarked for low-income or first generation students. That means that, while many schools enroll these students, few are equipped to actually graduate them.
The European method of getting around this is to legitimize the idea of a vocational education. In America, we are telling kids that they're special and that they have to get a college degree or they'll end up in a filthy, despicable union job. In Germany, for example, they segregate kids in high school based on how smart they are and they provide a union job and training so that the work force can be professionalized and trained.
We can't follow the European model because that would mean that someone's kid, who has pulled C's for years, is a dumbass and will only be a sad and lowly plumber. Never mind the fact that a certified and trained union plumber can made damned good money--America is the land of the middle manager who barely graduated after six years in a state school.
I think it has something to do with the fact that Americans have been conditioned to hate actual skills and competence in another person and that union membership is akin to being in a child molestation ring, but that's shrill and unfair to put into print.
There's a racket and a scam behind charging people $150,000 for an education that will allow someone to get a job making $30K per year--the educator is making money and the employer is saving money. The bankrupt, uneducated person stuck with the bill is of no consideration to anyone.
Friday, January 2, 2015
I don't know if this lawsuit has any merit or not; I suspect it will disappear quietly if there isn't any evidence to back up the claims. A corresponding amount of evidence could embarrass Alan Dershowitz but I doubt if it will damage Prince Andrew at all.
Of all of the members of the Royal Family, it would be hard to come up with anyone more despised than the Duke of York. Those watching the lawsuit closely are those within the inner workings of the royal family who would love to dish out more dirt.