i don't think occupy wallstreet protesters were saying bail me out. they were saying quit bailing out everyone else. so they weren't like the bankers, they were like the people who had to pay taxes that went to bailing out the bankers. and they were like the ignorant people who had no investment skills who the banks gave shark style house loans to without explaining the consequences. if i buy a xbox that blows up i sue sony. what do i do when my loan blows up?
How is a college degree worth anything when any idiot can get one ?
How are student loans a good idea when they cause college prices to become insane ?
How are student loans a good idea when Students have to live with their parents for 10 years just to pay off their debts ?
In the past students had to work and save to go to college, they actually had to learn worth ethic before going to college, they actually cared about their education because they worked so hard to get it, now nobody gives a f
sure they have helped some people, but how much damage have they really caused ? How many students went to college with fuck all drive and motivation ? how many students changed their courses wasting thousands of dollars ? How many have gone to college when they werent suited for it ? And is a degree worth anything when any idiot can get one ? How many students treated college like 1 big party ?
sure they have helped some people, but how much damage have they really caused ? How many students went to college with fuck all drive and motivation ? how many students changed their courses wasting thousands of dollars ? How many have gone to college when they werent suited for it ? And is a degree worth anything when any idiot can get one ? How many students treated college like 1 big party ?
Where's the beef? I'm sure there is a good argument against bailing out student loans, but they need more than a 10 second sound bite of an argument to do it.
@TimeWarp66 great point, it's the same problem in healthcare, we don't have free market competition.. .we have the government handing over other tax payers money so "why not jack up the price?" right?
@crashdog5866 You already do, have you heard of Public School smart guy? And the reason you have to pay for my education, and everyone else' is that, guess what, you live in america, and you pay taxes. And those taxes pay for YOUR bridges and roads, and for mine too! In fact, you pay for MY protection, MY education, MY whole life! And i pay for yours. So stop being so selfish and realize that you live in a free country.
@alpacapatrol Agreed. I don't believe should HAVE to pay for anyone's education except for my own child. I want to do it because I believe K-12 gives everybody the basic foundation that allows them to be free and be productive citizens. There is a difference with higher education. Nobody has the right to an education just like nobody has the right to a car or a house. Taxes for bridges and roads come from fuel taxes so you only have to pay for them if u use them same thing should be 4 education.
@crashdog5866 By that rationale, education is a possession like a car or a house. I believe this is where we fundamentally disagree, as I view education as a necessity to survival, of which I am afforded many rights in this country for already, i have a right to due process, protection from enemies foreign and domestic, my ability to be healthy and happy.
If education is viewed as a possession and not a right, then it will always be owned by those with the most money to claim it.
@alpacapatrol So you don't view a place to live or a car as something necessary for "survival" in the modern world? I think it's far more important to have transportation and a place to sleep rather then an education. You're constitutional rights are not in question here you have all those rights regardless if you're rich or poor.
@crashdog5866 FDR before he died wanted to institute a second bill of rights for the modern world: * Employment, with a living wage, * Freedom from unfair competition and monopolies, * Housing, * Medical care, * Education, and, * Social security
After his death and WW2's end his advisers went overseas and drafted new constitutions for defeated powers. That is why all the Europeans have basically free Education and Health care.
@alpacapatrol Education is not a Luxury, "An educated citizenry is a vital requisite for our survival as a free people." - Thomas Jefferson.
And for your argument as to what's more important I'll refer you to the old adage, "Give a man a fish, he'll eat for a day. Teach a man to fish, and he'll eat for a lifetime."
Getting a house and transportation is great, but learning how to effectively sustain your life is infinitely more important.
@alpacapatrol I think you're trying to talk to me so I'm going to respond.That quote a power phrased version You're taking the comment a little out of context. It was in regards to citizenry being educated as to how the new government worked. It wasn't about your traditional education. That being said your reasoning is is exactly why i support public education. It gives you the ability to effectively sustain your life.
@alpacapatrol Sounds a lot like Marxism. That didn't work out too well for the USSR . It's why the European debt problem is the way it is. When you look at the economy under FDR the unemployment rate grew until we entered WW2 and the unemployment rate went down because millions of americans were drafted so it was artificial. Overall FDR was not a good president. That's why the 22nd amendment was ratified because FDR was in office so long and did a bad job. It's also why he wasn't reelected again
@crashdog5866 No, actually he wasn't reelected for a fourth term, because he was dead. And since you wish to talk history, namely Karl Marx, let's talk Marxism. Because what you are referring to is Leninism, that's what didn't work for the USSR as it was a corruption of an ideal. In fact Marxism has never been fully realized on earth. You see, Communism(Marxism) is only supposed to work in a Democratic society and not a Dictatorship. So your image of its concept is skewed.
@alpacapatrol Furthermore, Karl Marx, wrote a list of countries that could become communist and those who could not to go along with his manifesto. Guess which ones became Communist, I'll give you a hint Russia was on the no-communism list.
And anyway, the thing that you are really afraid of though you dance around the word, is socialism. This awful, terrible idea where the world belongs to everyone in it and not just those born into money, who can buy it for themselves.
@alpacapatrol And honestly, with America's influence over the global economy and the fact that our econmy tanked before Europe's did, you can't possibly believe the blame for their economic crisis is on the old USSR's financial policies.
@alpacapatrol Oh and also, unemployment rates went down when FDR fixed the GREAT DEPRESSION with regulation on financial institutions that were all later repealed by Ronald Reagan''s administration and all those who followed him up to and including Obama. The unemployment rates did not get inflated because of war since we only entered in 1941, years after the end of the great depression.
@alpacapatrol You're going to have to educate me on this one. Because every piece of info i can find says the great depression ended almost exactly the same time we got into ww2
@crashdog5866 Well the great depression probably "fully" ended in 39, at least as far as unemployment is concerned. And I am not disagreeing with you that the war helped the cause because it did, but it's where the jobs went that you are wrong about. Yes it was soldiers and such, but mostly it was car factories and airstrips that were turned into car factories and airbases. People started working to support the war effort, and you are right on that front
@alpacapatrol China has a bigger influence on the worlds economy and they are just to the right of Communism. And I never blamed USSR policys for the debt problems I blamed FDR.
@alpacapatrol I'm not trying to dance around it socialism is the extrem but marxism is along the same lines. The bottom line is if i start out with a dollar and over my lifetime work hard and make a $1000000 I believe i should have the freedom to do whatever I want with it. If i find a guy who starts out with a dollar and he can convince me that I should give him some of my millions to start his company I and he should have the freedom to do so. It shouldn't be taken. That sound like stealing
@crashdog5866 You have found the misconception. The propaganda about it says the government is going to take your money away, and that's not how it's supposed to work. In socialism, you don't start out with a dollar, you start with a million, and the guy who wants his own business, he does too. You will be taxed high, but so will everyone else. The money the government takes belongs to you, to your infrastructure, the state provides everything. The money is spent on your luxury.
@alpacapatrol I stand corrected. Agreed that Leninism is a distorted version of marxism. But if that's the case why do every time we try to have a marxist government do we end up with a dictatorship and. The reason is simple. A single leader is needed in a democracy regardless if it's capitalist or whatever because it's imposible to make important decisions quickly if you need to check with a million people before you can decide anything.
@crashdog5866 I know what you are saying, but only to a certain degree. In the Roman Republic, after they too had overthrown the Monarchy, decided to effectively rule, two men were put in charge that act analogously to our President. Their power is shared and they are called the Consuls. The consuls however only served a term of one year, and were only allowed to serve terms ten years apart. Now, here's where your idea comes into play in their government:
@crashdog5866 In dire situations or times of emergency, the people elect a Dictator (and this is in fact where the term comes from) who serves for 6 months, after which he relinquishes his executive power. The people felt that in certain circumstances, say a financial crisis or act of war, Single rule was preferable to majority rule. In the end the Dictator seized all the power, but the system was designed to stop corruption with the two consuls, one-year terms etc.
@alpacapatrol Anyways, my point being, it can be done correctly with enough checks and balances. And if one were to take a futurist perspective, pure socialism is simply the next logical step in a democratized free society.
I'm not saying we're ready for it now, but it's not as bad as the stigma that the word holds, and it is only held that way because of it's misuse.
And think about it, who spouts on about its evil, rich politicians. Because everyone else are the ones who gain.
@alpacapatrol And it didn't work too well for the romans either. The point is people need leaders and that's why I believe a constitutional democratic republic is the way to go rather then democracy.
@crashdog5866 Well, it didn't work for the Romans because they eventually fell to one man seizing all the power and becoming the Roman Empire(they had been the republic for hundreds of years, in fact their history is shockingly similar to our own). That is where their constitutional republic went, and where ours is headed if it is not stopped, the presidents are taking too much power and will inevitably overpower the checks and balances. What we need is a Pantisocratic Government.
@crashdog5866 I know what you are saying, but only to a certain degree. In the Roman Republic, after they too had overthrown the Monarchy, decided to effectively rule, two men were put in charge that act analogously to our President. Their power is shared and they are called the Consuls. The consuls however only served a term of one year, and were only allowed to serve terms ten years apart. Now, here's where your idea comes into play in their government:
@Alaskaslim Oxford University, heard of it. The oldest and most prestigious school in Europe. Well, Oxford would disagree with you're non-Ivy Leage education. Because Oxford costs 9000 Euro to go there if you are a citizen of England. Run of the mill schools like the one you go to, in England, they cost what about a community college does here. So, you really think 30k for your school is "fair".
OH and by the way 30 x 4 = 120, unless you plan on one year of college.
"OH and by the way 30 x 4 = 120, unless you plan on one year of college."
No, 4 years, 30K, that's my bill. My yearly bill is around 6.
Idiotic subsidizing is what got people to rioting when they took it away in England, I' am not in support of such policies.
I don't care what they do in England, right now their trying to get more people into college in order to sweep their own UNEMPLOYMENT figures under the rug.
@Alaskaslim Your 6k a year education is certainly showing in your grammar and spelling.I apologize for the slight, but you made it way too easy.
To your point, England and Europe's economy tanked 3-4 years after our own? Now why is that, could they perhaps be correlated somehow? Well, let me explain, we have a complex and GLOBAL economy now. We own everything. So when we fuck up, we fuck up the WORLD economy. We have to wake up in this country and realize who our decisions affect
I don't care how their economy is doing, socialist policies are what they are, the Greeks got into debt because of its own idiocy, not ours. The same to England.
"and spelling"
I spelled nothing wrong, the worst you could say I did was mix "their" and "they're".
If you're going to be that petty, I can certainly spot the same in your comments.
But you know what? I also DON'T CARE, it has nothing to do with the topic. Take your pettiness somewhere else.
@Alaskaslim So then, our economic stability has no effect on the world economy or anyone we do business with?
If that's what you believe and you want to chalk it up to socialism, then you are merely a slave to the media and its political rhetoric. Saying that every problem is cause by socialism is just simply uninformed, ignorant and simply naive.
No more straw arguments, either you act straight with me, or GTFO.
Our College system, is better than Europe's. We maintain far more specialist colleges, top rated, than they do, because we do not rely on Government-funding.
We rely on Alumni action, on people being autonomous, just as they are in their daily lives, and it works.
My "30k" education comes out of a program that is top rated in the nation (#3), and better than anything they have in Europe.
@Alaskaslim You postulated that Greece's instability was due to entirely no fault of us as a country and I was pointing out that you couldn't be more wrong. And if you really looked at it, I was talking about European debt not just Greece, so who's really made the straw man?To your point, you are right, but we are also exponentially larger than any individual countries, though I agree that's not entirely why either. We are falling behind in education, and we cant be competitive.
Your entire insistence of what "I said" about the U.S. affecting Europe is a straw argument, quit it.
"We are falling behind in education"
In our college system, we are fine, it's in HIGH SCHOOL and lower we don't pan out.
This has lead to graduating less TECHNICALLY skilled people from our colleges, that's the issue.
To keep our infrastructure alive, we have to bring in foreigners who decided to specialize in engin., physics, etc. Half of silicon valley is foreign born.
@Alaskaslim Who do you think is going to be going to college? The dropout rate for highschool is exponentially increasing, when it gets too high not as many people will be going to college anymore, and that means tuition will get even higher.
And do you really think outsourcing even more things is really good for our economy and country. Education-wise, we are losing the ability to compete internationally, and it will hurt in the long run, which you are not considering.
"Who do you think is going to be going to college?"
College enrollment is going up, not down, HS drop out rate is increasing yes, but equally, the number of High School graduates is also increasing.
I don't think you're accounting for the total population or growth of either group, your focusing in on just one dimension, one issue. It's bad, but not at that level.
"outsourcing for our economy"
I called it an issue, that generally means a NEGATIVE connotation.
@JWHurwitz No you're right these college students are afforded a "choice" they are not "forced". So let's review that choice:
Go into debt with us for hundreds of thousands of dollars so that you can make a decent enough wage to be able to pay us back in 20 years, or don't go to college and live in relative poverty on minimum wage for the rest of your life and maybe by the end you'll have saved up enough to afford one year of college at a respectable institution.
Y'know you're Youtube Channel does a great job of omitting obvious flaws in your arguments as a whole. For instance your ad on Youtube talks about how rich aren't really getting richer and the poor aren't really getting poor simply because the poor are making more money in digits than they did 30+ years ago. Well guess what, you so called "economists" there is such a thing known as inflation, and what inflation means is that the value of money lowers over time as more is produced.
So yeah they make more money now than they did in the 80's but relative to modern living expenses, they actually did drop from your 4% figure to below 3%. So as far as the value is concerned, yes the poor actually got poorer and the rich got richer. If we were to believe your argument, haircuts should and a steak dinner should still cost a dime.
Would people in the middle class in the 50s and before then be able to live on a 36 dollar a month salary today? No, because inflation means that that salary would be valued today at a much higher number. Lying by omission is still lying in my opinion even though your argument is "technically" correct.
And in this video you chose to show people asking for bailout money for their college tuition debt, and you are right that would not solve the problem. But, the majority of the protesters were not fighting for more bailout money, Bailout money is what the whole damn thing started over. They were pointing at the fact that bailing out debt does not work in a so-called capitalist economy, that only happens to be capitalist when you so-called "economists" feel that it's convenient.
But when the banks lose in the FREE MARKET for employing shady and underhanded tactics and it stung we SOCIALIZED them by paying off their debt. If we were to truly live in a capitalist society, the banks would've failed because the people vote with their money, and they voted that the banks fucked up.
You skillfully skirt around the issue that the protesters were trying to point out with their signs and that is that college tuition is too ridiculously high in this country. and the reason for that is obvious even though you may not want to admit it, and it is in no way because the schools have such high operating costs.
Obviously a small percentage of people can realistically cover 120k for just a bachelor's degree without a loan, for everyone else you now have a 120k debt, and what does that make you now? An INDENTURED SERVANT. And that's what these owners and loaners want, to own you, to have you by the balls as soon as you leave campus.
A good slave doesn't talk back, he doesn't rise up when he knows the loan sharks he pays to have the opportunity at the "American Dream", will take his house if he stops paying them. Lying by omission is misinformation. It's an underhanded tactic to influence people with your corporate propaganda and it is not appreciated.
@alpacapatrol A. The figures do factor in inflation, jackass. Really wasted 3 of your 8 posts. Douche. B. The bailouts were a socialist fix for a socialist problem. Your the one jumping back and forth between terms, "douche". C. Colleges are non-profits. No one makes money off of them. Douche. D. Don't feel like paying 120k? Go to a 50k state school. You want a service, pay for it. Douche. E. You have got to be an asshole to compare first world problems with slavery and indentured servitude.
@TG1212able "Douche" = An ad hominem, short for argumentum ad hominem, is an attempt to negate the truth of a claim by pointing out a negative characteristic or belief of the person supporting it. Ad hominem reasoning is normally described as a logical fallacy.
So, moving on, for A just look at the numbers. For B, you seem to see a socialism as negative because you don't know what it is, guess what alot of things are socialized in this country (police, fire department, etc.)
@alpacapatrol For C. Come on, you can't truly believe that can you? Can you possibly be so dense? Have you gone to college and had to pay for a 100+ dollar textbook that is written by the professor where all profits go directly to him/her, and you never end up opening it anyway? D. Oxford University, the most prestigious institution in England, is only 9000 euros if you are a citizen. It is done in other places on earth and has been done in America before.
@alpacapatrol The tuition being so high is designed to keep the poor uneducated, not because of any costs that the "non-profit" school incur. "An educated citizenry is a vital requisite for our survival as a free people."
And as for E. again ad hominem attack in place of a legitimate argument. But, to indulge you're "delicate" sensibilities, tell me, what's the difference between young people working for a fixed period of time to pay for their freedom from debt 400 years ago?
@alpacapatrol To doing instrumentally the exact same thing now? Just because it isn't called the same thing, doesn't mean it isn't the same thing. If it walks like a duck, so on and so forth.
Imperialism changed to Neo-imperialism, Mercantilism to Capitalism, etc. They changed their names but they are all fundamentally the same.
@alpacapatrol I wasn't calling you a douche as part of my argument. I was calling you a douce because you are one. Evidenced by the fact that you were on here ranting sometime after midnight on a Saturday night. Douche. And in A, he does't say those numbers consider inflation, but if you took a moment and looked up those statistics, you would see they were. B you're entirely off. You criticized him for calling the good things capitalist and bad things socialist when it was really you doing that.
@TG1212able B, well then you misunderstood me. I would love to live in a more socialized society. I'm not sure if Banking should be socialized, but considering the government's track record with the Fed, it's probably better private. But, what should be socialized is Healthcare, Education, Public Transportation, Water etc. What I was pointing to was that they view socialism as an evil, while they solved their problems not using their OWN "capitalist" solution. Hypocrisy.
@alpacapatrol Did this guy advocate bailouts? I didn't hear him say that. You're still a douche. You claimed that these banks failed in the free market (which you put in all caps because douches do that). Well that's just not true. Government backed (and promoted) mortgages were the underlying cause of the crisis. It was some sort of free market / socialism hybrid. The better capitalist solution wasn't utilized because the short-term pain would have been too much for the public to bear. Douche.
The cost of educating the people is rising while the standards of educating declining: "The Deliberate Dumbing Down of America". Our system is in need of a transfusion. Why not invest in our intellectual capital as a nation, if only for an interim, instead of investing in other nations: "America's H-1B Genius visa" We are educating foreign students who then take that high level knowledge back to their countries instead of reinvesting that knowledge for innovation back into US private sector.
It pisses me off that college students think they shouldn't have to pay their own debt. And how many of those kids really know how anything works? They're just like the banks that they protest. Wanting others to take the hit because they don't want to take responsibility for their choices.
@joecow12 We could create a tax on wall street transaction at .5 percent and it would create 300 billion dollars which is enough revenue to pay for every student in america and have a lot left over....but i guess that's to socialist for you republicans
@joecow12 I willing entered into a consensual contract for a loan that I would need to one day repay. I was aware of the terms when I signed the contract. I look at it as an investment though. in exchange for the loan, I am able to go to school and learn a useful trade (automotive technology and am planning on a welding certificate) I plan on opening my own auto shop in the future. I think the people bitching the most are those with useless degrees.
@joecow12 Tell me, joecow12, what choice is it that they have, huh? 15 THOUSAND dollars a year out of pocket or go into over 100k of debt by the time you are done with school? What choice is that? And if you don't go to school, where else do you work, Taco Bell? Yeah you'd be lucky to make that college tuition in a year there if you made the CHOICE to not go into debt.
So really, what choice is it you are talking about? Go into debt, or be forced to remain poor forever? Some choice.
@alpacapatrol When you decide to go to college, YOU take full responsibility for what you study, how much you study, where to attend, what state, how long, changes in your major & how much it will cost you. These decisions are your own, no one will make them for you. If a student doesn't get his act together until after 1 or 2 years of partying, making up for 1 or 2 years of bad grades may mean they have to repeat classes which costs more. He should pay for his own failures, not the tax payers.
@alpacapatrol If you decide that its best for you to go to a major 4 year college in New York & major in sociology, fine arts or general studies, then you have to take responsibility for the higher cost of living in that city, the expensive tuition & the degrees that are less likely to make a lot of money. Let's say you change majors, well that might mean wasted classes & wasted money. Tax payers should not have to pay for students finding the right major.
@alpacapatrol If you have 100k in debt when you graduate & you didn't go to an ivy league college & your degree won't make you a lot of money, you made some really poor decisions in your college career. College is about gaining the skills & knowledge you need to make it but it's also about becoming an adult & learning to weigh your options vs debt & then making a responsible decision on your future. College is a rite of passage for further opportunities if you can earn it & its not guarantied.
@alpacapatrol The problem is that people are stuck in a perpetual adolescence where they believe that they are not responsible for their own actions. If someone offered to pay off your debt, that's one thing but when you go search for people to pay off your debt because you made bad decisions, that tells an employer all they need to know about your work ethic, integrity & your "I deserve this" mentality.
@alpacapatrol I work with an engineer that spent 40 yrs in the oil & gas field after the military. He makes around 150k a year & never went to college. There're plenty of options for people who don't want a 4 yr degree, Junior colleges, technical schools or just working hard at a job. Also, kids believe that once they get a degree, they automatically get a job, a big pay check & the easy life. You have to work hard to get & keep a job. It's not handed to you on a silver platter.
Don't say that OWS, "is fundamentally no different than the banks and corporations that they are angry with." There is a big difference between criminally-run financial institutions being bailed out due to the "to big to fail" idea caused by a deregulated financial market, and average college students faced with 35,000$ + in debt asking to be compensated.
@NormalStreet Of course you can always identify flaws in an analogy, so it's hard to defend any analogy as "right." However, I can explain the significance of the analogy between banks and students:
Both students and banks made decisions that put them in poor financial standing. Specifically, both had heavy debt loads. Then both students and banks wanted the government to provide financial assistance at a cost to taxpayers.
Although there are differences, the similarities are worth noting.
@MrReasonableThinking When you say that both banks and students made decisions that put them in poor financial standing, i disagree with you. Why should we live in a country where to have a proper education you must make decisions that put you in poor financial standing? The fact of the matter is we have had free education before, and we could today if we re-examine our national priorities.
@NormalStreet Wait a second, it is only in poor financial standing if one doesn't take full advantage of their investment in college. And one problem in free education is the students then have no stake in it, they'll have less incentive to prioritize their classes and figure out the best education for them. You would also have a ton of people using the College system where college isn't their thing. And lets not forget their are no free lunches. If your not paying someone else is.
@ShamanMcLamie That is largely a myth. We have had free education in this country, and it worked well. Colleges still have the right to not accept unmotivated kids.
@MrReasonableThinking I think the more dangerous attitude was our parents telling us, "You can do anything you want to do," "This is America," and of course, "only college will make you succeed in life." I think the ones just now graduating are beginning to realize that the American dream is a myth, and it's always been a myth. There is nothing significant or special about being American. If the government truly cared, they'd ignore the money and make college free. Money is an evil.
The students have hardly had the loan and they're complaining. Yeah they have debt, but if they make the most of the education they get and play their cards right they can pay it off some years later. And let me ask you what are these students being "compensated" for? What have they done other than take this loan? Have they contributed to society in any way to earn this supposed compensation?
@ShamanMcLamie Are you saying a good system is one in which the students who can afford college leave with a mountain load of debt, and the ones who just can't afford, should just be left out of the equation? The fact of the matter is we used to have free education in the country, but today, when we spend 59% of our taxes on our defense budget, we need to re-examine our national priorities.
@ShamanMcLamie Oh no you're totally right, they deserve no compensation, so let's take the babies without insurance off of their life support. And let's not allow anyone who's never had a job be able to call the police. Or let anyone who hasn't CONTRIBUTED TO SOCIETY burn to death because they are not worth anything. Those students, are inheriting your generation's big fuck-up that you put them in. And they ARE the SOCIETY. It's you retired geezers that are weighing down everyone.
@alpacapatrol First of all I'm not that old, I'm no where near retirement. Second, they aren't worth as much cause their young and inexperienced, it doesn't mean that in some years they aren't going to be able to accumulate skills, experience and reputation that will help them get a good paying job. Now if you mean that previous generation have allowed the government to accumulate enormous debt that generations to come will be paying then I agree with you that's wrong.
@NormalStreet The financial institutions should have failed, but your wrong on why they got into trouble in the first place. The deregulation happened so the Banks and financial institutions could comply with another set of regulations. The new regulations basically were aimed at getting low income families that couldn't normally get the loans the loans so they could buy nice houses. The government played a huge part in causing the financial crisis. Something seldom talked about.
@ShamanMcLamie Thats wrong, banks were not hurt if loans went bad, causing them to hand out bad loans they knew would fail. When you rip the walls down between commercial and investment banks through deregulation, you see a deregulated market at work. The banks participated in fraudulent activity, and were capable of becoming too large because the regulation that used to exist, like the glass stegal were repealed.
What we saw were banks systematically overvaluing some forms of inherently risky assets, such as subprime mortgages, exotic financial instruments based on subprime mortgages and hedge funds, and using short-term credit swaps as a substitute for reserves. Surely, this has nothing to do with the massively inflated housing sector, the easy credit policies and inflation, the subsidies for and legal obligation to grant subprime mortgages, the government-cartelized -
- credit rating agencies fast-tracking AAA ratings for anything with "mortgage" written on it or the fact that short-term credit swaps were the cheapest method for fulfilling the requirements of Basel II.
Also, consider the fact that, in hindsight, the behaviour of the banks was a perfectly rational response to the pervailing institutional conditions. We know this because relatively conservative banks, like Wells Fargo, which continued to make consistent, modest -
- profits during the initial stages of the crisis, were then forced to accept the losses of those who had speculated wildly and made out like bandits during the boom, while the latter got multi-billion dollar bailouts.
If there's any blame I'd like to lay at the feet of the private investors and bankers, it's the trust in regulators and rating agencies. If you don't know how an asset works, or if you don't know if it's good at face value, then you shouldn't own it.
@NormalStreet Your actually right that the OWS students asking for loan forgiveness and the Banks and Financial institutions that got the bailouts are not the same. The latter has already fucked up and failed. The former hasn't even finished college, hasn't yet gotten a job, or failed at life yet to be even be considering asking for a government bailout.
I'm a recent grad, lot of debt. love OWS, but I'm not gonna try to get a handout and my loans cancelled. I knew what I was getting into when I took them out, so did everyone else.
Are politicians and their coffers just supposed to tell us what to think, do, and say simply at their discretion? Government is naturally going to play some kind of role in our society. But some pricks seem to think it should work only for them and everyone else can suck it because they cannot lobby our elected officials.
Just turn a blind eye to banks getting all the benefits and scrutinize normal people for taking direct political, and democratic action as retribution. More excuses from THIS
The occutards signed up for the student loans and aren't bright enough to realize that they actually have to pay it back. They are the bottom feeders that think everyone else should pay for their way.
Nothing in life is free. Some where some body did work and they deserved to get paid for it. These snot nosed college kids really have no clue, but then again I can't blame them...their professors live in never never land too!!
@arnojargueta It's a human right to teach and to learn. It's not a human right to be taught or to force teaching. You don't have rights to things, only to your own actions and the dutiful inaction of others. To say that everyone has a right to education means that you have a right to force people to teach you, that's reprehensible. In reality you have a right to seek education however you choose, but not to force people to teach you.
@MisbehavingMal Correctç However, unlike you, I do not believe only in rights I also believe in obligations, It is a Human obligation to teach others, as Humans we are obliged to spread knowledge all types of knowledge and the simple fact of interaction does that. We have a right to FREE EDUCATION for ALL. Education is our only weapon against injustice and abuse; the only chance at equality we have. FREE EDUCATION FOR ALL.
Education is not a "Right" it's a privilege. The "Right" portion of it is that someone can't stop you from pursuing an education. You can get a "FREE EDUCATION" by going to the library and read everything you can. The problem is that a teacher is a person (just like you) and in a free society you can't force someone to give up a portion of their life so you can have a "FREE EDUCATION". You don't go to work for free. If you feel that strongly start your own organization and teach.
@jamesdemon138 contrary to you, I believe that you do not need to force people or coerce people into teaching as it is something many people love doing, however, it must be well remunerated. Education IS a right provided by all to all. Colleges, High Schools, Middle Schools, etc... all should be charge free. Lastly, I don't need to start my own organization; it is the job of government (whether local, state or national government - I dont care) to provide for it.
@jamesdemon138 #1 if you dont know the difference between communism and socialism, you need to go to school. If you are calling me a communist, you are doing the same to many previous US presidents, including the great reformer. And say I was, in fact, of communist tendencies, what is that to you? At least Im not fascist like you trying to impose your views on all. HA! go party with your buddies hitler and mussolini demonboy. ;)
You are blind to your own ignorance. You are the one who is trying to impose your view of "FREE EDUCATION". Also if you say you are a "Socialist", Hilter was a socialist "National Socialist German Workers' Party". I'm a Constitutionalist and believe you have the right to run your own life and not to be controled by the government. I believe in personal responsibility.
@jamesdemon138 hahahaha do you realize how incoherent your statements even are? Whether HItler called his party socialist or not has no play into the fact that he was a fascist, you still could not deny your buddy Musso. LOL and Constitutionalist? LMAO Constitutions change, are different per country, etc... what you're describing in Anarchism, which is not bad either if we just respect each other. The problem however, is your fascist, oligarchical and just plain old stupid point of view. THE END
@jamesdemon138 woooot! I'll only make the move to the old continent if you tag along, im sure we can make a stop in 1925 Germany for you and somehow manage to get you a copy of MineKampf hahahahaha lighten up buddy ;) If you prefer a truly Free Market move to Hong Kong...
@jamesdemon138 By that rationale education is a possession like a car or a house. I believe this is where we fundamentally disagree, as I view education as a necessity to survival, of which I am afforded many rights in this country for already, i have a right to due process, protection from enemies foreign and domestic, my ability to be healthy and happy. If education is viewed as a possession and not a right, then it will always be owned by those with the most money to claim it.
@MisbehavingMal Nonsense. If that were true, people should be born without familial inheritance of money or debt. Money seems to have made your argument convenient, as the rich are the only ones who benefit from such an agreement.
With that said, you're wrong anyway, that's not how American law works. I have a right to have a police force protecting me at birth don't I? So, me having a right to an education is not a stretch by legal standards one bit.
@TWSceptic I would work for free if I was assured a roof and food, many people do it, and if you dont know what im talking about then educate yourself. There wouldn't be a need to "pay" others to work for "free" if everyone stopped being greedy. Of course thats not where we live so I'll stick with FREE EDUCATION. And you say, Socialist Dream World? Yes. Ask Lyndon Johnson, yeah, the ex-president. He too believed in a socialist democracy. I believe we have the right to free education. Period.
@arnojargueta "I would work for free if I was assured a roof and food"
Congratulations, you're now no better than a nineteenth century slave.
"Free" doesn't exist. Only ignorant socialists think it does. But you know the irony? Because of socialist policy, education in the US is now one of the most expensive in the world. Education used to be cheap when the government wasn't involved. Bet you didn't know that. There's a lot to learn in this crazy world huh, better start educating yourself.
@TWSceptic Hey I'm from Europe, and to go to the best prestigious engineering school costs all students $200 a semester. It's sad to see that in the US colleges are businesses, so by being so expensive a large population of low income families can't afford to go. And yeah not as many people go to college because it's provided by taxes, but that's why people without a college education are also valued in the system. The government in the US isn't involved with colleges at all
@gorospakabum the government doesnt need to be involved in colleges here in the US. i pay enough income tax now...not to mention sales tax, state tax, county tax, property tax, excise tax..on and on. i am not paying more just so some stranger can attend college for free!
@usaf317 I guess we just have a different idea of community and providing opportunity for those who deserve them. Even with all of that I know how much my university spends per student and it's 10,000 a year. It's the best one in the country, and i just wonder how many more thousands i'd have to pay to do the same in the US. So much for the "land of opportunity"
@gorospakabum charity belongs to the church. i am all for donating when i have the extra money. my family comes before my "community"! provide opportuniy you say? parents are the ones who provide opportunity for their children....not the government. do you know how much money these colleges have in there endowments? millions!!! stand on your own two feet...you will be a better person for it.
people just dont seem to get the idea that every time the government hands out more money to help pay for college the price goes up! these professors are teaching kids socialism while at the same time they are filling there pockets with our tax dollars. college has become i huge scam.
@TWSceptic hahahaha #1 Free could exist, unless you are charged per air gulp breath. #2 because of "socialist policy"? take a look at the world and see how such "socialist policy" is much of the reason why their education systems are better than the US. The problem is that the US (because of ignorant people like you) does not allow itself to be fully socialist. Really, the one who needs to educate himself is you. Or are you going to tell me you have a Masters in Public Policy? LMAO
oh boy, lets just bail out the banks some more, you know shifting that bank debt on to those that did not make a fortune off the poor banking practices....great idea, i bet all the banking expert would agree with me, you know becuase they are honest and not greedy, that is why they did nto get in to the situation they got in to.
Part of the problem is that there are far too many people in college who should not be there because of government. The result is that the value of a Bachelors degree has gone down. That's mostly societies fault for brainwashing kids into thinking that everyone must go to college in order to "make it" in life. I honestly believe that half the people in each of my classes should not be there. No nice way of putting it, they're just dumb. And the curriculum has been dumbed down as well as a result
@zloben9000 Not only is the man a professor in economics, he was also a student himself. That makes him, if anything, overqualified to analyze a "student movement" centered around the United States' economic practices and reactions to them. He's also not a lobbyist - as you will see if you look beyond the initial shock of what he is preaching, he is actually against special interest groups and lobbyists. He is preaching against the system by which banks are propped up with tax payer dollars.
Forgiving student debt is such a typically idea of this entire movement. These students borrow more than they need, take five + years to "find themselves" and then when they have to pay $300-$400 in loan payments, they want the governement to come in and bail them out. Totally sickening.
The whole point is that they want *their* bailouts too. There is no moral argument this administration can make for bailing out billionaire bankers but not struggling college students, particularly when the cost of bailing out the college students would be much smaller than the unprecedented rip-off of taxpayers known as TARP. It isn't reasonable to deny this demand, without first throwing out the entire system and ending federalism outright.
how about you lazy fuckers get a job and STOP COMPLAINING.
ICantDecryptTheCode 1 hour ago
same thing as the banks, yes, but that might be why they feel they deserve it.
NitroDSP 2 days ago
i don't think occupy wallstreet protesters were saying bail me out. they were saying quit bailing out everyone else. so they weren't like the bankers, they were like the people who had to pay taxes that went to bailing out the bankers. and they were like the ignorant people who had no investment skills who the banks gave shark style house loans to without explaining the consequences. if i buy a xbox that blows up i sue sony. what do i do when my loan blows up?
greycloud24 2 days ago
logic=1 OWS=0
Mantzerbation69 1 week ago in playlist Featured Shorts 2
OWS was never about opposition to the bailouts. It's about OWS getting their own bailouts.
PissedFechtmeister 1 week ago 7
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PaulPradaShow 2 weeks ago
How is a college degree worth anything when any idiot can get one ?
How are student loans a good idea when they cause college prices to become insane ?
How are student loans a good idea when Students have to live with their parents for 10 years just to pay off their debts ?
In the past students had to work and save to go to college, they actually had to learn worth ethic before going to college, they actually cared about their education because they worked so hard to get it, now nobody gives a f
muchookees 2 weeks ago 5
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muchookees 2 weeks ago
Hows a college degree worth anything when any fucken idiot can get one ?
muchookees 2 weeks ago
Student loans were the worst idea ever
sure they have helped some people, but how much damage have they really caused ? How many students went to college with fuck all drive and motivation ? how many students changed their courses wasting thousands of dollars ? How many have gone to college when they werent suited for it ? And is a degree worth anything when any idiot can get one ? How many students treated college like 1 big party ?
student loans have screwed up everything
muchookees 2 weeks ago
Student loans were the worst idea ever
sure they have helped some people, but how much damage have they really caused ? How many students went to college with fuck all drive and motivation ? how many students changed their courses wasting thousands of dollars ? How many have gone to college when they werent suited for it ? And is a degree worth anything when any idiot can get one ? How many students treated college like 1 big party ?
student loans have fucked up everything
muchookees 2 weeks ago
Where's the beef? I'm sure there is a good argument against bailing out student loans, but they need more than a 10 second sound bite of an argument to do it.
52000rightwing 3 weeks ago
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I'm in debt from student loans. It was my CHOICE to take out those loans,
with an AGREEMENT to pay them back!
Now instead of bitching for my loans to be "forgiven", I'm going to PAY them...
LIKE AN ADULT!
StandpointCinema 3 weeks ago in playlist More videos from LearnLiberty
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StandpointCinema 3 weeks ago in playlist More videos from LearnLiberty
@TimeWarp66 great point, it's the same problem in healthcare, we don't have free market competition.. .we have the government handing over other tax payers money so "why not jack up the price?" right?
dbraddillon 3 weeks ago
If you don't want to go into debt don't get a loan. Why should I have to pay for your education?
crashdog5866 3 weeks ago
@crashdog5866 You already do, have you heard of Public School smart guy? And the reason you have to pay for my education, and everyone else' is that, guess what, you live in america, and you pay taxes. And those taxes pay for YOUR bridges and roads, and for mine too! In fact, you pay for MY protection, MY education, MY whole life! And i pay for yours. So stop being so selfish and realize that you live in a free country.
alpacapatrol 3 weeks ago
@alpacapatrol Agreed. I don't believe should HAVE to pay for anyone's education except for my own child. I want to do it because I believe K-12 gives everybody the basic foundation that allows them to be free and be productive citizens. There is a difference with higher education. Nobody has the right to an education just like nobody has the right to a car or a house. Taxes for bridges and roads come from fuel taxes so you only have to pay for them if u use them same thing should be 4 education.
crashdog5866 3 weeks ago
@crashdog5866 By that rationale, education is a possession like a car or a house. I believe this is where we fundamentally disagree, as I view education as a necessity to survival, of which I am afforded many rights in this country for already, i have a right to due process, protection from enemies foreign and domestic, my ability to be healthy and happy.
If education is viewed as a possession and not a right, then it will always be owned by those with the most money to claim it.
alpacapatrol 3 weeks ago
@alpacapatrol So you don't view a place to live or a car as something necessary for "survival" in the modern world? I think it's far more important to have transportation and a place to sleep rather then an education. You're constitutional rights are not in question here you have all those rights regardless if you're rich or poor.
crashdog5866 3 weeks ago
@alpacapatrol Also their is nothing in the constitution that says education is a right. It's a luxury that most of us don't appreciate anymore.
crashdog5866 3 weeks ago
@crashdog5866 FDR before he died wanted to institute a second bill of rights for the modern world: * Employment, with a living wage, * Freedom from unfair competition and monopolies, * Housing, * Medical care, * Education, and, * Social security
After his death and WW2's end his advisers went overseas and drafted new constitutions for defeated powers. That is why all the Europeans have basically free Education and Health care.
alpacapatrol 3 weeks ago
@alpacapatrol Education is not a Luxury, "An educated citizenry is a vital requisite for our survival as a free people." - Thomas Jefferson.
And for your argument as to what's more important I'll refer you to the old adage, "Give a man a fish, he'll eat for a day. Teach a man to fish, and he'll eat for a lifetime."
Getting a house and transportation is great, but learning how to effectively sustain your life is infinitely more important.
alpacapatrol 3 weeks ago
@alpacapatrol I think you're trying to talk to me so I'm going to respond.That quote a power phrased version You're taking the comment a little out of context. It was in regards to citizenry being educated as to how the new government worked. It wasn't about your traditional education. That being said your reasoning is is exactly why i support public education. It gives you the ability to effectively sustain your life.
crashdog5866 3 weeks ago
@alpacapatrol Sounds a lot like Marxism. That didn't work out too well for the USSR . It's why the European debt problem is the way it is. When you look at the economy under FDR the unemployment rate grew until we entered WW2 and the unemployment rate went down because millions of americans were drafted so it was artificial. Overall FDR was not a good president. That's why the 22nd amendment was ratified because FDR was in office so long and did a bad job. It's also why he wasn't reelected again
crashdog5866 3 weeks ago
@crashdog5866 No, actually he wasn't reelected for a fourth term, because he was dead. And since you wish to talk history, namely Karl Marx, let's talk Marxism. Because what you are referring to is Leninism, that's what didn't work for the USSR as it was a corruption of an ideal. In fact Marxism has never been fully realized on earth. You see, Communism(Marxism) is only supposed to work in a Democratic society and not a Dictatorship. So your image of its concept is skewed.
alpacapatrol 3 weeks ago
@alpacapatrol Furthermore, Karl Marx, wrote a list of countries that could become communist and those who could not to go along with his manifesto. Guess which ones became Communist, I'll give you a hint Russia was on the no-communism list.
And anyway, the thing that you are really afraid of though you dance around the word, is socialism. This awful, terrible idea where the world belongs to everyone in it and not just those born into money, who can buy it for themselves.
alpacapatrol 3 weeks ago
@alpacapatrol And honestly, with America's influence over the global economy and the fact that our econmy tanked before Europe's did, you can't possibly believe the blame for their economic crisis is on the old USSR's financial policies.
alpacapatrol 3 weeks ago
@alpacapatrol Oh and also, unemployment rates went down when FDR fixed the GREAT DEPRESSION with regulation on financial institutions that were all later repealed by Ronald Reagan''s administration and all those who followed him up to and including Obama. The unemployment rates did not get inflated because of war since we only entered in 1941, years after the end of the great depression.
alpacapatrol 3 weeks ago
@alpacapatrol You're going to have to educate me on this one. Because every piece of info i can find says the great depression ended almost exactly the same time we got into ww2
crashdog5866 3 weeks ago
@crashdog5866 Well the great depression probably "fully" ended in 39, at least as far as unemployment is concerned. And I am not disagreeing with you that the war helped the cause because it did, but it's where the jobs went that you are wrong about. Yes it was soldiers and such, but mostly it was car factories and airstrips that were turned into car factories and airbases. People started working to support the war effort, and you are right on that front
alpacapatrol 3 weeks ago
@alpacapatrol *tank factories
alpacapatrol 3 weeks ago
@alpacapatrol China has a bigger influence on the worlds economy and they are just to the right of Communism. And I never blamed USSR policys for the debt problems I blamed FDR.
crashdog5866 3 weeks ago
@alpacapatrol And please stop responding to yourself it's very hard to keep up.
crashdog5866 3 weeks ago
@crashdog5866 sorry.
alpacapatrol 3 weeks ago
@alpacapatrol I'm not trying to dance around it socialism is the extrem but marxism is along the same lines. The bottom line is if i start out with a dollar and over my lifetime work hard and make a $1000000 I believe i should have the freedom to do whatever I want with it. If i find a guy who starts out with a dollar and he can convince me that I should give him some of my millions to start his company I and he should have the freedom to do so. It shouldn't be taken. That sound like stealing
crashdog5866 3 weeks ago
@crashdog5866 You have found the misconception. The propaganda about it says the government is going to take your money away, and that's not how it's supposed to work. In socialism, you don't start out with a dollar, you start with a million, and the guy who wants his own business, he does too. You will be taxed high, but so will everyone else. The money the government takes belongs to you, to your infrastructure, the state provides everything. The money is spent on your luxury.
alpacapatrol 3 weeks ago
@alpacapatrol I stand corrected. Agreed that Leninism is a distorted version of marxism. But if that's the case why do every time we try to have a marxist government do we end up with a dictatorship and. The reason is simple. A single leader is needed in a democracy regardless if it's capitalist or whatever because it's imposible to make important decisions quickly if you need to check with a million people before you can decide anything.
crashdog5866 3 weeks ago
@crashdog5866 I know what you are saying, but only to a certain degree. In the Roman Republic, after they too had overthrown the Monarchy, decided to effectively rule, two men were put in charge that act analogously to our President. Their power is shared and they are called the Consuls. The consuls however only served a term of one year, and were only allowed to serve terms ten years apart. Now, here's where your idea comes into play in their government:
alpacapatrol 3 weeks ago
@crashdog5866 In dire situations or times of emergency, the people elect a Dictator (and this is in fact where the term comes from) who serves for 6 months, after which he relinquishes his executive power. The people felt that in certain circumstances, say a financial crisis or act of war, Single rule was preferable to majority rule. In the end the Dictator seized all the power, but the system was designed to stop corruption with the two consuls, one-year terms etc.
alpacapatrol 3 weeks ago
@alpacapatrol Anyways, my point being, it can be done correctly with enough checks and balances. And if one were to take a futurist perspective, pure socialism is simply the next logical step in a democratized free society.
I'm not saying we're ready for it now, but it's not as bad as the stigma that the word holds, and it is only held that way because of it's misuse.
And think about it, who spouts on about its evil, rich politicians. Because everyone else are the ones who gain.
alpacapatrol 3 weeks ago
@alpacapatrol And it didn't work too well for the romans either. The point is people need leaders and that's why I believe a constitutional democratic republic is the way to go rather then democracy.
crashdog5866 3 weeks ago
@crashdog5866 Well, it didn't work for the Romans because they eventually fell to one man seizing all the power and becoming the Roman Empire(they had been the republic for hundreds of years, in fact their history is shockingly similar to our own). That is where their constitutional republic went, and where ours is headed if it is not stopped, the presidents are taking too much power and will inevitably overpower the checks and balances. What we need is a Pantisocratic Government.
alpacapatrol 3 weeks ago
This has been flagged as spam show
@crashdog5866 I know what you are saying, but only to a certain degree. In the Roman Republic, after they too had overthrown the Monarchy, decided to effectively rule, two men were put in charge that act analogously to our President. Their power is shared and they are called the Consuls. The consuls however only served a term of one year, and were only allowed to serve terms ten years apart. Now, here's where your idea comes into play in their government:
alpacapatrol 3 weeks ago
@alpacapatrol
120K? My BA cost 30k, what f*cking school do you go to? An Ivy leaguer?
My school is 3rd in the nation for its degree program, and no, it's not some liberal arts bull.
At 30K, my education cost as much as a mid-range car, and that's about where it should be.
Alaskaslim 3 weeks ago
@Alaskaslim Oxford University, heard of it. The oldest and most prestigious school in Europe. Well, Oxford would disagree with you're non-Ivy Leage education. Because Oxford costs 9000 Euro to go there if you are a citizen of England. Run of the mill schools like the one you go to, in England, they cost what about a community college does here. So, you really think 30k for your school is "fair".
OH and by the way 30 x 4 = 120, unless you plan on one year of college.
alpacapatrol 3 weeks ago
@alpacapatrol
"OH and by the way 30 x 4 = 120, unless you plan on one year of college."
No, 4 years, 30K, that's my bill. My yearly bill is around 6.
Idiotic subsidizing is what got people to rioting when they took it away in England, I' am not in support of such policies.
I don't care what they do in England, right now their trying to get more people into college in order to sweep their own UNEMPLOYMENT figures under the rug.
Alaskaslim 3 weeks ago
@Alaskaslim Your 6k a year education is certainly showing in your grammar and spelling.I apologize for the slight, but you made it way too easy.
To your point, England and Europe's economy tanked 3-4 years after our own? Now why is that, could they perhaps be correlated somehow? Well, let me explain, we have a complex and GLOBAL economy now. We own everything. So when we fuck up, we fuck up the WORLD economy. We have to wake up in this country and realize who our decisions affect
alpacapatrol 3 weeks ago
@alpacapatrol effect*
alpacapatrol 3 weeks ago
@alpacapatrol
I don't care how their economy is doing, socialist policies are what they are, the Greeks got into debt because of its own idiocy, not ours. The same to England.
"and spelling"
I spelled nothing wrong, the worst you could say I did was mix "their" and "they're".
If you're going to be that petty, I can certainly spot the same in your comments.
But you know what? I also DON'T CARE, it has nothing to do with the topic. Take your pettiness somewhere else.
Alaskaslim 3 weeks ago
@Alaskaslim So then, our economic stability has no effect on the world economy or anyone we do business with?
If that's what you believe and you want to chalk it up to socialism, then you are merely a slave to the media and its political rhetoric. Saying that every problem is cause by socialism is just simply uninformed, ignorant and simply naive.
No offense intended.
alpacapatrol 3 weeks ago
@alpacapatrol
No more straw arguments, either you act straight with me, or GTFO.
Our College system, is better than Europe's. We maintain far more specialist colleges, top rated, than they do, because we do not rely on Government-funding.
We rely on Alumni action, on people being autonomous, just as they are in their daily lives, and it works.
My "30k" education comes out of a program that is top rated in the nation (#3), and better than anything they have in Europe.
Alaskaslim 3 weeks ago
@Alaskaslim You postulated that Greece's instability was due to entirely no fault of us as a country and I was pointing out that you couldn't be more wrong. And if you really looked at it, I was talking about European debt not just Greece, so who's really made the straw man?To your point, you are right, but we are also exponentially larger than any individual countries, though I agree that's not entirely why either. We are falling behind in education, and we cant be competitive.
alpacapatrol 3 weeks ago
@alpac
Your entire insistence of what "I said" about the U.S. affecting Europe is a straw argument, quit it.
"We are falling behind in education"
In our college system, we are fine, it's in HIGH SCHOOL and lower we don't pan out.
This has lead to graduating less TECHNICALLY skilled people from our colleges, that's the issue.
To keep our infrastructure alive, we have to bring in foreigners who decided to specialize in engin., physics, etc. Half of silicon valley is foreign born.
Alaskaslim 3 weeks ago
@Alaskaslim Who do you think is going to be going to college? The dropout rate for highschool is exponentially increasing, when it gets too high not as many people will be going to college anymore, and that means tuition will get even higher.
And do you really think outsourcing even more things is really good for our economy and country. Education-wise, we are losing the ability to compete internationally, and it will hurt in the long run, which you are not considering.
alpacapatrol 3 weeks ago
@alpacapatrol
"Who do you think is going to be going to college?"
College enrollment is going up, not down, HS drop out rate is increasing yes, but equally, the number of High School graduates is also increasing.
I don't think you're accounting for the total population or growth of either group, your focusing in on just one dimension, one issue. It's bad, but not at that level.
"outsourcing for our economy"
I called it an issue, that generally means a NEGATIVE connotation.
Alaskaslim 3 weeks ago
Perhaps what the protesters were saying was,the banks got bailed out,why shouldn't they?Of course I'm not very bright,but i'm certainly not dull.
55bobjr 4 weeks ago
@55bobjr Bailouts are unwise in both situations. Our tax payer dollars paid off Banks, it's no different to student loans.
kmelfina 4 weeks ago
"Slavery", because the banks dragged you out of your house and *forced* you to accept tens of thousands of dollars, right?
JWHurwitz 4 weeks ago
@JWHurwitz No you're right these college students are afforded a "choice" they are not "forced". So let's review that choice:
Go into debt with us for hundreds of thousands of dollars so that you can make a decent enough wage to be able to pay us back in 20 years, or don't go to college and live in relative poverty on minimum wage for the rest of your life and maybe by the end you'll have saved up enough to afford one year of college at a respectable institution.
Some choice.
alpacapatrol 3 weeks ago
Y'know you're Youtube Channel does a great job of omitting obvious flaws in your arguments as a whole. For instance your ad on Youtube talks about how rich aren't really getting richer and the poor aren't really getting poor simply because the poor are making more money in digits than they did 30+ years ago. Well guess what, you so called "economists" there is such a thing known as inflation, and what inflation means is that the value of money lowers over time as more is produced.
alpacapatrol 4 weeks ago
So yeah they make more money now than they did in the 80's but relative to modern living expenses, they actually did drop from your 4% figure to below 3%. So as far as the value is concerned, yes the poor actually got poorer and the rich got richer. If we were to believe your argument, haircuts should and a steak dinner should still cost a dime.
alpacapatrol 4 weeks ago
Would people in the middle class in the 50s and before then be able to live on a 36 dollar a month salary today? No, because inflation means that that salary would be valued today at a much higher number. Lying by omission is still lying in my opinion even though your argument is "technically" correct.
alpacapatrol 4 weeks ago
And in this video you chose to show people asking for bailout money for their college tuition debt, and you are right that would not solve the problem. But, the majority of the protesters were not fighting for more bailout money, Bailout money is what the whole damn thing started over. They were pointing at the fact that bailing out debt does not work in a so-called capitalist economy, that only happens to be capitalist when you so-called "economists" feel that it's convenient.
alpacapatrol 4 weeks ago
But when the banks lose in the FREE MARKET for employing shady and underhanded tactics and it stung we SOCIALIZED them by paying off their debt. If we were to truly live in a capitalist society, the banks would've failed because the people vote with their money, and they voted that the banks fucked up.
alpacapatrol 4 weeks ago
You skillfully skirt around the issue that the protesters were trying to point out with their signs and that is that college tuition is too ridiculously high in this country. and the reason for that is obvious even though you may not want to admit it, and it is in no way because the schools have such high operating costs.
alpacapatrol 4 weeks ago
Obviously a small percentage of people can realistically cover 120k for just a bachelor's degree without a loan, for everyone else you now have a 120k debt, and what does that make you now? An INDENTURED SERVANT. And that's what these owners and loaners want, to own you, to have you by the balls as soon as you leave campus.
alpacapatrol 4 weeks ago
A good slave doesn't talk back, he doesn't rise up when he knows the loan sharks he pays to have the opportunity at the "American Dream", will take his house if he stops paying them. Lying by omission is misinformation. It's an underhanded tactic to influence people with your corporate propaganda and it is not appreciated.
alpacapatrol 4 weeks ago
@alpacapatrol
Actually no, as they stated, living expenses have not really gone up, it's that what you get has changed;
/watch?v=W8SLIt7xZxU
There's your inflation, it's in the video.
And the poor have still gotten richer.
Alaskaslim 3 weeks ago
@alpacapatrol A. The figures do factor in inflation, jackass. Really wasted 3 of your 8 posts. Douche. B. The bailouts were a socialist fix for a socialist problem. Your the one jumping back and forth between terms, "douche". C. Colleges are non-profits. No one makes money off of them. Douche. D. Don't feel like paying 120k? Go to a 50k state school. You want a service, pay for it. Douche. E. You have got to be an asshole to compare first world problems with slavery and indentured servitude.
TG1212able 4 weeks ago
@TG1212able "Douche" = An ad hominem, short for argumentum ad hominem, is an attempt to negate the truth of a claim by pointing out a negative characteristic or belief of the person supporting it. Ad hominem reasoning is normally described as a logical fallacy.
So, moving on, for A just look at the numbers. For B, you seem to see a socialism as negative because you don't know what it is, guess what alot of things are socialized in this country (police, fire department, etc.)
alpacapatrol 3 weeks ago
@alpacapatrol For C. Come on, you can't truly believe that can you? Can you possibly be so dense? Have you gone to college and had to pay for a 100+ dollar textbook that is written by the professor where all profits go directly to him/her, and you never end up opening it anyway? D. Oxford University, the most prestigious institution in England, is only 9000 euros if you are a citizen. It is done in other places on earth and has been done in America before.
alpacapatrol 3 weeks ago
@alpacapatrol The tuition being so high is designed to keep the poor uneducated, not because of any costs that the "non-profit" school incur. "An educated citizenry is a vital requisite for our survival as a free people."
And as for E. again ad hominem attack in place of a legitimate argument. But, to indulge you're "delicate" sensibilities, tell me, what's the difference between young people working for a fixed period of time to pay for their freedom from debt 400 years ago?
alpacapatrol 3 weeks ago
@alpacapatrol To doing instrumentally the exact same thing now? Just because it isn't called the same thing, doesn't mean it isn't the same thing. If it walks like a duck, so on and so forth.
Imperialism changed to Neo-imperialism, Mercantilism to Capitalism, etc. They changed their names but they are all fundamentally the same.
alpacapatrol 3 weeks ago
@alpacapatrol I wasn't calling you a douche as part of my argument. I was calling you a douce because you are one. Evidenced by the fact that you were on here ranting sometime after midnight on a Saturday night. Douche. And in A, he does't say those numbers consider inflation, but if you took a moment and looked up those statistics, you would see they were. B you're entirely off. You criticized him for calling the good things capitalist and bad things socialist when it was really you doing that.
TG1212able 3 weeks ago
@TG1212able B, well then you misunderstood me. I would love to live in a more socialized society. I'm not sure if Banking should be socialized, but considering the government's track record with the Fed, it's probably better private. But, what should be socialized is Healthcare, Education, Public Transportation, Water etc. What I was pointing to was that they view socialism as an evil, while they solved their problems not using their OWN "capitalist" solution. Hypocrisy.
alpacapatrol 3 weeks ago
@alpacapatrol Did this guy advocate bailouts? I didn't hear him say that. You're still a douche. You claimed that these banks failed in the free market (which you put in all caps because douches do that). Well that's just not true. Government backed (and promoted) mortgages were the underlying cause of the crisis. It was some sort of free market / socialism hybrid. The better capitalist solution wasn't utilized because the short-term pain would have been too much for the public to bear. Douche.
TG1212able 3 weeks ago
Government students loans are the reason college is so expensive in the first place!
If we had a free market in higher education, you wouldn't even need a loan to go to college.
TimeWarp66 1 month ago 13
@TimeWarp66 True. You didn't need to get a loan to go to college until the government started handing out these loans.
PissedFechtmeister 1 month ago
This has been flagged as spam show
The cost of educating the people is rising while the standards of educating declining: "The Deliberate Dumbing Down of America". Our system is in need of a transfusion. Why not invest in our intellectual capital as a nation, if only for an interim, instead of investing in other nations: "America's H-1B Genius visa" We are educating foreign students who then take that high level knowledge back to their countries instead of reinvesting that knowledge for innovation back into US private sector.
gaBehcuoDsuoitneterP 1 month ago in playlist Uploaded videos
Comment removed
gaBehcuoDsuoitneterP 1 month ago in playlist Uploaded videos
They are different because I hate to see myself as the enemy.
I can't possibly be wrong, therefore everyone else must be at fault!
vjm3 1 month ago
It pisses me off that college students think they shouldn't have to pay their own debt. And how many of those kids really know how anything works? They're just like the banks that they protest. Wanting others to take the hit because they don't want to take responsibility for their choices.
joecow12 1 month ago
@joecow12 We could create a tax on wall street transaction at .5 percent and it would create 300 billion dollars which is enough revenue to pay for every student in america and have a lot left over....but i guess that's to socialist for you republicans
fallenempireoverdrve 1 month ago in playlist More videos from LearnLiberty 2
@fallenempireoverdrve Why do you think it's morally acceptable to steal money from some people and give it to other people?
PissedFechtmeister 1 month ago
@PissedFechtmeister well this video articulate why i think it is moral.
/watch?v=hOyDR2b71ag
fallenempireoverdrve 1 month ago
@fallenempireoverdrve It's moral to steal from people because some dimwit says so???
PissedFechtmeister 1 month ago
@PissedFechtmeister
You're the dimwit.
Mectrixctic 1 month ago
@Mectrixctic I was smart enough to see that Obama's stimulus plan wouldn't lower unemployment down to under 9%.
PissedFechtmeister 1 month ago
@fallenempireoverdrve
This video is also good.
/watch?v=4NhQGHMcRYA
Mectrixctic 1 month ago
@PissedFechtmeister robin hood
alpacapatrol 3 weeks ago
@joecow12 I willing entered into a consensual contract for a loan that I would need to one day repay. I was aware of the terms when I signed the contract. I look at it as an investment though. in exchange for the loan, I am able to go to school and learn a useful trade (automotive technology and am planning on a welding certificate) I plan on opening my own auto shop in the future. I think the people bitching the most are those with useless degrees.
37butterflyprincess 1 month ago 3
@joecow12 Tell me, joecow12, what choice is it that they have, huh? 15 THOUSAND dollars a year out of pocket or go into over 100k of debt by the time you are done with school? What choice is that? And if you don't go to school, where else do you work, Taco Bell? Yeah you'd be lucky to make that college tuition in a year there if you made the CHOICE to not go into debt.
So really, what choice is it you are talking about? Go into debt, or be forced to remain poor forever? Some choice.
alpacapatrol 3 weeks ago
@alpacapatrol When you decide to go to college, YOU take full responsibility for what you study, how much you study, where to attend, what state, how long, changes in your major & how much it will cost you. These decisions are your own, no one will make them for you. If a student doesn't get his act together until after 1 or 2 years of partying, making up for 1 or 2 years of bad grades may mean they have to repeat classes which costs more. He should pay for his own failures, not the tax payers.
joecow12 3 weeks ago
@alpacapatrol If you decide that its best for you to go to a major 4 year college in New York & major in sociology, fine arts or general studies, then you have to take responsibility for the higher cost of living in that city, the expensive tuition & the degrees that are less likely to make a lot of money. Let's say you change majors, well that might mean wasted classes & wasted money. Tax payers should not have to pay for students finding the right major.
joecow12 3 weeks ago
@alpacapatrol If you have 100k in debt when you graduate & you didn't go to an ivy league college & your degree won't make you a lot of money, you made some really poor decisions in your college career. College is about gaining the skills & knowledge you need to make it but it's also about becoming an adult & learning to weigh your options vs debt & then making a responsible decision on your future. College is a rite of passage for further opportunities if you can earn it & its not guarantied.
joecow12 3 weeks ago
@alpacapatrol The problem is that people are stuck in a perpetual adolescence where they believe that they are not responsible for their own actions. If someone offered to pay off your debt, that's one thing but when you go search for people to pay off your debt because you made bad decisions, that tells an employer all they need to know about your work ethic, integrity & your "I deserve this" mentality.
joecow12 3 weeks ago
@alpacapatrol I work with an engineer that spent 40 yrs in the oil & gas field after the military. He makes around 150k a year & never went to college. There're plenty of options for people who don't want a 4 yr degree, Junior colleges, technical schools or just working hard at a job. Also, kids believe that once they get a degree, they automatically get a job, a big pay check & the easy life. You have to work hard to get & keep a job. It's not handed to you on a silver platter.
joecow12 3 weeks ago 2
DOES ANYONE KNOW THIS MUSIC TRACK!?
barenaud13 1 month ago
Don't say that OWS, "is fundamentally no different than the banks and corporations that they are angry with." There is a big difference between criminally-run financial institutions being bailed out due to the "to big to fail" idea caused by a deregulated financial market, and average college students faced with 35,000$ + in debt asking to be compensated.
NormalStreet 1 month ago in playlist Uploaded videos
@NormalStreet Of course you can always identify flaws in an analogy, so it's hard to defend any analogy as "right." However, I can explain the significance of the analogy between banks and students:
Both students and banks made decisions that put them in poor financial standing. Specifically, both had heavy debt loads. Then both students and banks wanted the government to provide financial assistance at a cost to taxpayers.
Although there are differences, the similarities are worth noting.
MrReasonableThinking 1 month ago in playlist Featured Shorts 10
@MrReasonableThinking When you say that both banks and students made decisions that put them in poor financial standing, i disagree with you. Why should we live in a country where to have a proper education you must make decisions that put you in poor financial standing? The fact of the matter is we have had free education before, and we could today if we re-examine our national priorities.
NormalStreet 1 month ago
@NormalStreet Wait a second, it is only in poor financial standing if one doesn't take full advantage of their investment in college. And one problem in free education is the students then have no stake in it, they'll have less incentive to prioritize their classes and figure out the best education for them. You would also have a ton of people using the College system where college isn't their thing. And lets not forget their are no free lunches. If your not paying someone else is.
ShamanMcLamie 1 month ago in playlist Uploaded videos
@ShamanMcLamie That is largely a myth. We have had free education in this country, and it worked well. Colleges still have the right to not accept unmotivated kids.
NormalStreet 1 month ago
@MrReasonableThinking I think the more dangerous attitude was our parents telling us, "You can do anything you want to do," "This is America," and of course, "only college will make you succeed in life." I think the ones just now graduating are beginning to realize that the American dream is a myth, and it's always been a myth. There is nothing significant or special about being American. If the government truly cared, they'd ignore the money and make college free. Money is an evil.
TigerghostPictures 1 month ago
The students have hardly had the loan and they're complaining. Yeah they have debt, but if they make the most of the education they get and play their cards right they can pay it off some years later. And let me ask you what are these students being "compensated" for? What have they done other than take this loan? Have they contributed to society in any way to earn this supposed compensation?
ShamanMcLamie 1 month ago
@ShamanMcLamie Are you saying a good system is one in which the students who can afford college leave with a mountain load of debt, and the ones who just can't afford, should just be left out of the equation? The fact of the matter is we used to have free education in the country, but today, when we spend 59% of our taxes on our defense budget, we need to re-examine our national priorities.
NormalStreet 1 month ago
@ShamanMcLamie Oh no you're totally right, they deserve no compensation, so let's take the babies without insurance off of their life support. And let's not allow anyone who's never had a job be able to call the police. Or let anyone who hasn't CONTRIBUTED TO SOCIETY burn to death because they are not worth anything. Those students, are inheriting your generation's big fuck-up that you put them in. And they ARE the SOCIETY. It's you retired geezers that are weighing down everyone.
alpacapatrol 3 weeks ago
@alpacapatrol First of all I'm not that old, I'm no where near retirement. Second, they aren't worth as much cause their young and inexperienced, it doesn't mean that in some years they aren't going to be able to accumulate skills, experience and reputation that will help them get a good paying job. Now if you mean that previous generation have allowed the government to accumulate enormous debt that generations to come will be paying then I agree with you that's wrong.
ShamanMcLamie 3 weeks ago
@NormalStreet The financial institutions should have failed, but your wrong on why they got into trouble in the first place. The deregulation happened so the Banks and financial institutions could comply with another set of regulations. The new regulations basically were aimed at getting low income families that couldn't normally get the loans the loans so they could buy nice houses. The government played a huge part in causing the financial crisis. Something seldom talked about.
ShamanMcLamie 1 month ago
@ShamanMcLamie Thats wrong, banks were not hurt if loans went bad, causing them to hand out bad loans they knew would fail. When you rip the walls down between commercial and investment banks through deregulation, you see a deregulated market at work. The banks participated in fraudulent activity, and were capable of becoming too large because the regulation that used to exist, like the glass stegal were repealed.
NormalStreet 1 month ago
@NormalStreet
What we saw were banks systematically overvaluing some forms of inherently risky assets, such as subprime mortgages, exotic financial instruments based on subprime mortgages and hedge funds, and using short-term credit swaps as a substitute for reserves. Surely, this has nothing to do with the massively inflated housing sector, the easy credit policies and inflation, the subsidies for and legal obligation to grant subprime mortgages, the government-cartelized -
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PanzerDivisionBOM 1 month ago
-
- credit rating agencies fast-tracking AAA ratings for anything with "mortgage" written on it or the fact that short-term credit swaps were the cheapest method for fulfilling the requirements of Basel II.
Also, consider the fact that, in hindsight, the behaviour of the banks was a perfectly rational response to the pervailing institutional conditions. We know this because relatively conservative banks, like Wells Fargo, which continued to make consistent, modest -
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PanzerDivisionBOM 1 month ago
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- profits during the initial stages of the crisis, were then forced to accept the losses of those who had speculated wildly and made out like bandits during the boom, while the latter got multi-billion dollar bailouts.
If there's any blame I'd like to lay at the feet of the private investors and bankers, it's the trust in regulators and rating agencies. If you don't know how an asset works, or if you don't know if it's good at face value, then you shouldn't own it.
PanzerDivisionBOM 1 month ago
@NormalStreet Your actually right that the OWS students asking for loan forgiveness and the Banks and Financial institutions that got the bailouts are not the same. The latter has already fucked up and failed. The former hasn't even finished college, hasn't yet gotten a job, or failed at life yet to be even be considering asking for a government bailout.
ShamanMcLamie 1 month ago
I'm a recent grad, lot of debt. love OWS, but I'm not gonna try to get a handout and my loans cancelled. I knew what I was getting into when I took them out, so did everyone else.
tvangess 1 month ago
@sw8741 You're grossly misinformed. Go read the TARP wiki.
eventhisidistaken 1 month ago
Are politicians and their coffers just supposed to tell us what to think, do, and say simply at their discretion? Government is naturally going to play some kind of role in our society. But some pricks seem to think it should work only for them and everyone else can suck it because they cannot lobby our elected officials.
Just turn a blind eye to banks getting all the benefits and scrutinize normal people for taking direct political, and democratic action as retribution. More excuses from THIS
hybridmcgee 1 month ago
The occutards signed up for the student loans and aren't bright enough to realize that they actually have to pay it back. They are the bottom feeders that think everyone else should pay for their way.
truthforamerica 1 month ago
Well give students a .01% interest rate like the federal reserve gave the banks....
Silvercardinal7 1 month ago 2
Nothing in life is free. Some where some body did work and they deserved to get paid for it. These snot nosed college kids really have no clue, but then again I can't blame them...their professors live in never never land too!!
sw8741 1 month ago
The reason for all our problems?
Government.
TWSceptic 1 month ago
All of you people are sooo confused it is ridiculous.
But at least now you are paying attention. (somewhat)
Who are you begging to forgive your debts???
The same criminals that have robed you blind.
Prosecute the criminals and than there will not be anyone to rob you.
EvenStar303 1 month ago
EDUCATION SHOULD BE FREE FOR ALL WHO WANT IT. FREE EDUCATION FOR ALL. IT IS A HUMAN RIGHT.
arnojargueta 1 month ago in playlist Uploaded videos
@arnojargueta It's a human right to teach and to learn. It's not a human right to be taught or to force teaching. You don't have rights to things, only to your own actions and the dutiful inaction of others. To say that everyone has a right to education means that you have a right to force people to teach you, that's reprehensible. In reality you have a right to seek education however you choose, but not to force people to teach you.
MisbehavingMal 1 month ago in playlist Uploaded videos
@MisbehavingMal Correctç However, unlike you, I do not believe only in rights I also believe in obligations, It is a Human obligation to teach others, as Humans we are obliged to spread knowledge all types of knowledge and the simple fact of interaction does that. We have a right to FREE EDUCATION for ALL. Education is our only weapon against injustice and abuse; the only chance at equality we have. FREE EDUCATION FOR ALL.
arnojargueta 1 month ago
@arnojargueta
Education is not a "Right" it's a privilege. The "Right" portion of it is that someone can't stop you from pursuing an education. You can get a "FREE EDUCATION" by going to the library and read everything you can. The problem is that a teacher is a person (just like you) and in a free society you can't force someone to give up a portion of their life so you can have a "FREE EDUCATION". You don't go to work for free. If you feel that strongly start your own organization and teach.
jamesdemon138 1 month ago in playlist Featured Shorts
@jamesdemon138 contrary to you, I believe that you do not need to force people or coerce people into teaching as it is something many people love doing, however, it must be well remunerated. Education IS a right provided by all to all. Colleges, High Schools, Middle Schools, etc... all should be charge free. Lastly, I don't need to start my own organization; it is the job of government (whether local, state or national government - I dont care) to provide for it.
arnojargueta 1 month ago
@arnojargueta
And that is why you are a Communist.
jamesdemon138 1 month ago
@jamesdemon138 #1 if you dont know the difference between communism and socialism, you need to go to school. If you are calling me a communist, you are doing the same to many previous US presidents, including the great reformer. And say I was, in fact, of communist tendencies, what is that to you? At least Im not fascist like you trying to impose your views on all. HA! go party with your buddies hitler and mussolini demonboy. ;)
arnojargueta 1 month ago
@arnojargueta
You are blind to your own ignorance. You are the one who is trying to impose your view of "FREE EDUCATION". Also if you say you are a "Socialist", Hilter was a socialist "National Socialist German Workers' Party". I'm a Constitutionalist and believe you have the right to run your own life and not to be controled by the government. I believe in personal responsibility.
jamesdemon138 1 month ago
@jamesdemon138 hahahaha do you realize how incoherent your statements even are? Whether HItler called his party socialist or not has no play into the fact that he was a fascist, you still could not deny your buddy Musso. LOL and Constitutionalist? LMAO Constitutions change, are different per country, etc... what you're describing in Anarchism, which is not bad either if we just respect each other. The problem however, is your fascist, oligarchical and just plain old stupid point of view. THE END
arnojargueta 1 month ago
@arnojargueta
Go back to Russia.
jamesdemon138 1 month ago
@jamesdemon138 woooot! I'll only make the move to the old continent if you tag along, im sure we can make a stop in 1925 Germany for you and somehow manage to get you a copy of MineKampf hahahahaha lighten up buddy ;) If you prefer a truly Free Market move to Hong Kong...
arnojargueta 1 month ago
@arnojargueta
1776! That is all.
jamesdemon138 1 month ago
@jamesdemon138 0, 33, 1492, 1776, 1789, 1809, 1812, 1820, 1821, 1860, 1888, 1901, 1920, 1919, 1928, 1925, 1945, 1947, 1955, 1965, 1968, 1975, 1987, 1994, 1998, 2001, 2005, 2010, 2012... I can name important dates too... LMAO open your eyes kiddo, open your world.
arnojargueta 1 month ago
@jamesdemon138 Have you heard of the Police or Fire Department by chance?
alpacapatrol 3 weeks ago
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@jamesdemon138 By that rationale education is a possession like a car or a house. I believe this is where we fundamentally disagree, as I view education as a necessity to survival, of which I am afforded many rights in this country for already, i have a right to due process, protection from enemies foreign and domestic, my ability to be healthy and happy. If education is viewed as a possession and not a right, then it will always be owned by those with the most money to claim it.
alpacapatrol 3 weeks ago
@MisbehavingMal Nonsense. If that were true, people should be born without familial inheritance of money or debt. Money seems to have made your argument convenient, as the rich are the only ones who benefit from such an agreement.
With that said, you're wrong anyway, that's not how American law works. I have a right to have a police force protecting me at birth don't I? So, me having a right to an education is not a stretch by legal standards one bit.
alpacapatrol 3 weeks ago
@arnojargueta Do you work for free? Do you want to pay others so they can work for 'free'?
You live in a socialist dreamworld. You have the right to learn, not to right to force others to pay for your education.
TWSceptic 1 month ago
@TWSceptic I would work for free if I was assured a roof and food, many people do it, and if you dont know what im talking about then educate yourself. There wouldn't be a need to "pay" others to work for "free" if everyone stopped being greedy. Of course thats not where we live so I'll stick with FREE EDUCATION. And you say, Socialist Dream World? Yes. Ask Lyndon Johnson, yeah, the ex-president. He too believed in a socialist democracy. I believe we have the right to free education. Period.
arnojargueta 1 month ago
@arnojargueta "I would work for free if I was assured a roof and food"
Congratulations, you're now no better than a nineteenth century slave.
"Free" doesn't exist. Only ignorant socialists think it does. But you know the irony? Because of socialist policy, education in the US is now one of the most expensive in the world. Education used to be cheap when the government wasn't involved. Bet you didn't know that. There's a lot to learn in this crazy world huh, better start educating yourself.
TWSceptic 1 month ago
@TWSceptic Hey I'm from Europe, and to go to the best prestigious engineering school costs all students $200 a semester. It's sad to see that in the US colleges are businesses, so by being so expensive a large population of low income families can't afford to go. And yeah not as many people go to college because it's provided by taxes, but that's why people without a college education are also valued in the system. The government in the US isn't involved with colleges at all
gorospakabum 1 month ago
@gorospakabum the government doesnt need to be involved in colleges here in the US. i pay enough income tax now...not to mention sales tax, state tax, county tax, property tax, excise tax..on and on. i am not paying more just so some stranger can attend college for free!
usaf317 1 month ago
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gorospakabum 1 month ago
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@usaf317 I guess we just have a different idea of community and providing opportunity for those who deserve them. Even with all of that I know how much my university spends per student and it's 10,000 a year. It's the best one in the country, and i just wonder how many more thousands i'd have to pay to do the same in the US. So much for the "land of opportunity"
gorospakabum 1 month ago
@gorospakabum charity belongs to the church. i am all for donating when i have the extra money. my family comes before my "community"! provide opportuniy you say? parents are the ones who provide opportunity for their children....not the government. do you know how much money these colleges have in there endowments? millions!!! stand on your own two feet...you will be a better person for it.
usaf317 1 month ago
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@gorospakabum
Actually alot of poor people in the U.S.A already have financial aid for college.
Which is not fair to the middle class.
You still pay for that college out of your tax dollars in Europe.
IKiLLNRapeCOMMUNISTS 1 month ago
@TWSceptic you couldnt be more correct!
people just dont seem to get the idea that every time the government hands out more money to help pay for college the price goes up! these professors are teaching kids socialism while at the same time they are filling there pockets with our tax dollars. college has become i huge scam.
usaf317 1 month ago
@TWSceptic hahahaha #1 Free could exist, unless you are charged per air gulp breath. #2 because of "socialist policy"? take a look at the world and see how such "socialist policy" is much of the reason why their education systems are better than the US. The problem is that the US (because of ignorant people like you) does not allow itself to be fully socialist. Really, the one who needs to educate himself is you. Or are you going to tell me you have a Masters in Public Policy? LMAO
arnojargueta 1 month ago
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@arnojargueta
Lyndon Johnson was the biggest epic failure U.S.A President of all time.
His great Welfare society & Civil rights decayed U.S.A society significantly.
Lead to massive divorce, crime, murder, drug use, unemployment, gangs.
Everything got worse after Lyndon Jonhson.
IKiLLNRapeCOMMUNISTS 1 month ago
oh boy, lets just bail out the banks some more, you know shifting that bank debt on to those that did not make a fortune off the poor banking practices....great idea, i bet all the banking expert would agree with me, you know becuase they are honest and not greedy, that is why they did nto get in to the situation they got in to.
masluxx 1 month ago
A college degree does not get you a job. It gets you an interview, nothing more.
eyeh8u1 1 month ago 3
Part of the problem is that there are far too many people in college who should not be there because of government. The result is that the value of a Bachelors degree has gone down. That's mostly societies fault for brainwashing kids into thinking that everyone must go to college in order to "make it" in life. I honestly believe that half the people in each of my classes should not be there. No nice way of putting it, they're just dumb. And the curriculum has been dumbed down as well as a result
eyeh8u1 1 month ago 10
Hey you !
THE SAME ? NO ITS NOT .. .or maybe ?
the movement IS fundamentally different.
AND THERE IS NO NEED FOR THE MOVEMENT TO BE DIFFERENT FROM OR ALIKE ANYTHING, THE MOVEMENT IS WHAT IT IS.PERIOD.
What should the students demand (in your lobbyist opinion) ?? : MORE DEBT ? HARDER TO FIND JOBS ! LOWER SALARIES ?
You are not qualified enough to analyze the STUDENT MOVEMENT !
So shut up !!
zloben9000 1 month ago in playlist Featured Shorts
@zloben9000 Not only is the man a professor in economics, he was also a student himself. That makes him, if anything, overqualified to analyze a "student movement" centered around the United States' economic practices and reactions to them. He's also not a lobbyist - as you will see if you look beyond the initial shock of what he is preaching, he is actually against special interest groups and lobbyists. He is preaching against the system by which banks are propped up with tax payer dollars.
Bluggardpirate 1 month ago
Forgiving student debt is such a typically idea of this entire movement. These students borrow more than they need, take five + years to "find themselves" and then when they have to pay $300-$400 in loan payments, they want the governement to come in and bail them out. Totally sickening.
pdhudsonUSMC 1 month ago in playlist Liked videos
The whole point is that they want *their* bailouts too. There is no moral argument this administration can make for bailing out billionaire bankers but not struggling college students, particularly when the cost of bailing out the college students would be much smaller than the unprecedented rip-off of taxpayers known as TARP. It isn't reasonable to deny this demand, without first throwing out the entire system and ending federalism outright.
eventhisidistaken 1 month ago in playlist Featured Shorts
@eventhisidistaken I guess they didn't tell you. All the money paid out in TARP was completely repaid and the government made billions on it.
sw8741 1 month ago