Reggie Middleton on what the Economic Crisis has in Common w/Education in America

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What's preventing the US economy from recovering? Could it be...wait for it...education? We've heard the president and other leaders talk about the need to invest in education to keep the US from slipping further behind other nations, but does that even make the grade? Is the "right kind" of education lacking, keeping US workers behind by toiling for increasingly rich elites? Is the herd mentality that we have seen throughout history in the human species something that can be, if not changed, then at least ameliorated? What if our students were taught to think for themselves? What if they were taught that the way to success was not something you could provide in a blueprint, and that no one is entitled to success, but has to earn it? Could these TBTF banks be littered with employees who, coming from all the same top schools, have the same flawed group-think ideology and sense of entitlement? Really, are we just building a society full of sheep, with a hand full of shepherds that makes less and less room for the entrepreneur -- the independent thinker? We will speak with Reggie Middleton, entrepreneurial investor and independent analyst, who has been contemplating these issues aloud on his boombustblog. He conducted an interesting educational experiment with his kids that he will be talking to us about, and has gone from taking on the banks and the insurers, to the school system.

Plus, can you imagine if doing your monthly budget meant filling a multi-billion dollar hole? That's what the US treasury does every single month. It released december's deficit numbers today. The deficit was 86 billion dollars. This number has not been positive since 2008. So how can we change this? How is this nation going to start saving money again? Well, even though NASA's taking the prize on this occasion, we don't want you to think that it's rocket science. We'll explain.

Category:

News & Politics

Tags:

• Capital Account
• Lauren Lyster
• Demetri Kofinas
• Reggie Middleton
• RTAmerica
• RT
• Russia Today
• Markets
• Finance
• Economy
• Herd Mentality
• public school system
• group-think
• sheep
• asch conformity experiments
• marketing
• propaganda
• oligarchy
• education

[tygerk]

@CapitalAccount Reggie Middleton should've DEFINITELY had a web extra exclusive interview!! You could tell he wanted to add more depth to what he was saying, but due to time constraints, Lauren had no choice but to cut him short. :(

[mrzack888]

Slavery, fuck my education, wasted my youth learning shit i'm not using now. i would say 90% of the shit i was forced to learn in public education i ain't using now.

[suitandtieguy]

THIS IS AWESOME.

[spark300c]

@bullshit3118 how stupid can you be, no such thing a free market criminal. people for free market are against rig markets. people who for rig markets are not for the free market they for socialism."That 10% argument is bullshit." watch college is scam. Anyway college are barely make it. If they don't rise the tuition they go bankrupt. The problem is that to many people are getting degrees in worthlessness. If got degree in welding you able to pay the debt off in no time.

[bullshit3118]

@spark300c No this government has been taken over by facsist free market criminals. If ti is fascism, as you say it is not socialism. true socialism would regulate tuition hikes and make it affordable for everyone to go to school. As if you haven't noticed, the free market educational corporations set the price of books and the corporate government raises the prices of tuition for profit. It is NOT regulated by socialist persons representing the people. That 10% argument is bullshit.

[spark300c]

@bullshit3118 if review history before the Federal government got involved college education was a lot cheaper. The states did build college for trades. These school has usually have the title of A & M stand for Agricultural and Mechanical. How ever very few people went to skill trades form 1980 on so the financial industry had to explode to absorb a lot people who shouldn't have gotten business degrees. now the financial industry had gone bust.

[spark300c]

@bullshit3118 the Regulations on colleges now force them to raise tuition. under the law they need to ten percent form private founds but they can not get that percent they have rise the tuition. There not such thing free market criminals. the free market is not rig. what you thinking is fascism. There no fraud or rules that protect monopolies in a free market. Due government invention most college barely get by.