8 Reasons College Tuition Is the Next Bubble to Burst Naked Law by Avvo.com
"Here are 8 reasons to believe we’re in the middle of a college tuition bubble (that’s about to burst).
1) Tuition is, and has been, increasing at double the rate of inflation"
Thursday, June 10, 2010
American Thinker: America's Predicament
American Thinker: America's Predicament
"America's public debt recently exceeded 13 trillion. This is more than 90 percent of the country's GDP.
Public debts of more than 60 percent of GDP are considered unhealthy. Public debts above 90 percent of GDP cause severe disruptions in the country's financial framework and the economy at large.
According to the Obama administration America's public debt will exceed 100 percent of GDP in the next fiscal year.
History shows that most countries whose debt exceeds this mark are rarely able to control it.
This level of indebtedness usually leads to currency debasement."
"America's public debt recently exceeded 13 trillion. This is more than 90 percent of the country's GDP.
Public debts of more than 60 percent of GDP are considered unhealthy. Public debts above 90 percent of GDP cause severe disruptions in the country's financial framework and the economy at large.
According to the Obama administration America's public debt will exceed 100 percent of GDP in the next fiscal year.
History shows that most countries whose debt exceeds this mark are rarely able to control it.
This level of indebtedness usually leads to currency debasement."
Wednesday, June 09, 2010
Headline of the Day: Public Sector Union Edition
Headline of the Day: Public Sector Union Edition - Hit & Run : Reason Magazine
"'Metrobus driver that punched McGruff the crime dog rehired'
That headline from today's Washington Examiner says a lot about the sorry state of public sector unionism in America.
From the story:
A Metrobus driver fired after a deadly crash into a taxi and another canned for slugging a cop dressed as McGruff the Crime Dog are back at Metro, The Washington Examiner has learned.
Both men won their jobs back plus months of retroactive pay, the result of an arbitration decision between the bus drivers union and the transit agency.
One driver is getting paid to sit at home while the agency determines where to place him.
The other is expected to return to driving a Metrobus later this month.
'Neither of these incidents should have ever happened,' Metro spokeswoman Lisa Farbstein said.
The agency stands behind its decisions to fire the drivers, but Farbstein said Metro does not believe it has legal grounds to overturn the arbitrators' rulings.
Steven Greenhut explained how public servants became our masters in Reason's February issue."
"'Metrobus driver that punched McGruff the crime dog rehired'
That headline from today's Washington Examiner says a lot about the sorry state of public sector unionism in America.
From the story:
A Metrobus driver fired after a deadly crash into a taxi and another canned for slugging a cop dressed as McGruff the Crime Dog are back at Metro, The Washington Examiner has learned.
Both men won their jobs back plus months of retroactive pay, the result of an arbitration decision between the bus drivers union and the transit agency.
One driver is getting paid to sit at home while the agency determines where to place him.
The other is expected to return to driving a Metrobus later this month.
'Neither of these incidents should have ever happened,' Metro spokeswoman Lisa Farbstein said.
The agency stands behind its decisions to fire the drivers, but Farbstein said Metro does not believe it has legal grounds to overturn the arbitrators' rulings.
Steven Greenhut explained how public servants became our masters in Reason's February issue."
Stop the Federal Spending Spree
"In 2000, the federal government spent $1.8 trillion while debt held by the public stood at $3.4 trillion.
A mere decade later, the federal government is on pace to spend $3.7 trillion while publicly held debt is approaching $10 trillion."
This is during a decade of very low inflation and huge tax revenue increases to the government!
US to unveil Palestinian aid package: Obama
US to unveil Palestinian aid package: Obama
"President Barack Obama said Wednesday the United States was to unveil a 400-million-dollar civilian aid package for the Palestinians, as he called the situation in the Gaza Strip 'unsustainable.'"
No problems dude.
The Obama stash in bottomless!
"President Barack Obama said Wednesday the United States was to unveil a 400-million-dollar civilian aid package for the Palestinians, as he called the situation in the Gaza Strip 'unsustainable.'"
No problems dude.
The Obama stash in bottomless!
"More evidence that it's unions vs. everyone else
"Last week, the consistently liberal/Democratic-leaning editorial page of the Washington Post explained and then lamented how public employee union power had brought ruin to wealthy Montgomery County, Maryland.
Now the influential Politico web site is saying bipartisan fear of these unions has become a national trend.
...pitched battles over wages and pensions are being waged from Sacramento to Springfield to New York City and the conflict is marked by its bipartisan tone, with public employee unions emerging as an intransigent public enemy number one in cities and state capitals across the country.
The article features Arnold talking tough. California ...
... remains ground zero for pension fights,"
The Underfunded Schools Myth
Hello Michigan: Analysis: The Underfunded Schools Myth
"A common claim by Michigan's public school establishment and its political allies is that, despite spending $20 billion annually on education, our schools are 'underfunded.'
Comparisons to other states and to historical funding levels show that the claim is unsubstantiated and misleading."
"A common claim by Michigan's public school establishment and its political allies is that, despite spending $20 billion annually on education, our schools are 'underfunded.'
Comparisons to other states and to historical funding levels show that the claim is unsubstantiated and misleading."
New post at Muskegon Tazpayers Alliance
Democrat county clerk Nancy Waters instantly ignores a citizen request.
http://muskegontaxpayers.blogspot.com/2010/06/county-clerk-ignores-plea-for-more.html
http://muskegontaxpayers.blogspot.com/2010/06/county-clerk-ignores-plea-for-more.html
FTC floats Drudge tax
"In other words, government policy would encourage a tax on websites like the Drudge Report, a must-read source for the news links of the day, so that the agency can redistribute the funds collected to various newspapers."
Random Thoughts on the Passing Scene
RealClearPolitics - Random Thoughts on the Passing Scene
"Even though some people say we are living in a 'knowledge economy,' we are living in a political atmosphere in which ignorance has more power than ever.
Washington politicians who have never run any business are telling all kinds of businesses - from automobile companies and banks to hospitals and insurance companies - how they have to run their businesses.
This is the golden age of ignorance in power."
"Even though some people say we are living in a 'knowledge economy,' we are living in a political atmosphere in which ignorance has more power than ever.
Washington politicians who have never run any business are telling all kinds of businesses - from automobile companies and banks to hospitals and insurance companies - how they have to run their businesses.
This is the golden age of ignorance in power."
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