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Post 20

Wednesday, February 26, 2014 - 7:53pmSanction this postReply
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It is amazing how many people just do not understand this Steve.  As far as union behavior and the unacceptable use of violence as well as emplied violence is it any wonder they all cheered when Obama bailed out GM?   The big thug idolized by the mob.

I abhor how government is set up to be the mediator between the workers and the owners of the companies.

Take for example the Hostess Twinkie factory.  The owners just layed out the reality of the situation.  "This is what it costs and this is what you demand.  If you cannot come to an agreement we will have to shut down the factories as we will not be able to afford to stay in business."

The union would not budge but yet when the factories were forced into receivership the same 15000 workers cried the blues.

Tooo freaking bad they deserved it.

 



Post 21

Thursday, February 27, 2014 - 4:31amSanction this postReply
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Wolfer,

 

You're assuming that there's some sort of 'moral atmosphere' of 'permissiveness' that causes violence. With all due respect, I couldn't agree with you less.

 

Most strangely, it's interesting how those who claim to be 'materialists' choose to attach a totally mentalist cause to those actions which they find repugnant.

 

In other words, you're using moralist tush-tushery to avoid the reality that poverty causes violence, regardless of stated values. Unlike the histroy of Europe, where/when the violence was somewhat organized and directed against the wealthy as a class, here in America it's scatterd among the impovershed themselves.

 

This fact, and the ensuing lack of organized insurrection, offers those so inclined to ignore the issue under the banner of moral righteousness against crime. So much for an 'objective look at reality!

 

Ughh..So yes, the 'liberals' did get this one rght; re crime and cause, all conservatives seem hopelessly mired down in a bog of value-peddling that evades the lived reality. "If everyone would just adopt the ethical system we know is right because we, unlike the 'liberals' don't like crime, them everything would be peachy-keen".

 

Now what's the name of your particular parallel universe?

 

EM

 

(Edited by Matthews on 2/27, 4:33am)



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Post 22

Thursday, February 27, 2014 - 5:31amSanction this postReply
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Eva, 

 

I've addressed this issue on OL, and since all of my posts here are made on a smartphone, it would be better if you read some of my lengthier treatments there.

 

I will make a few points:

If you're going to argue appeasement, you're going to have to identify in advance some line in the sand to prevent If You Give a Mouse a Cookie from becoming political reality. Even if you believe employers hold the advantage in wage negotiations, government granting unions a monopoly power over the workplace swings the balance so far in the other direction that employers are left with practically no power at all. We've seen that unions are more than capable of bankrupting the employer or municipality when their every demand is not met - and willing to do so. "Pay us what we want or we'll destroy you" is not a negotiation, it's an extortion. I am actually not against unions at all, and any libertarian for free association should not be either. What I am against is granting unions a government monopoly power over the workplace and all manner of other unnatural power-shifting treatments by the government.

 

Your comparisons of the modern-day U.S. to feudal Europe lack proportionality. It is quite one thing to be oppressed under a entrenched class system and having to steal for basic food and shelter. The poor in the United States are in the richest tier of persons in the world. Zero starved in the United States last year. Most "poor" have multiple cars, internet access, air conditioning, cell phones, and popular entertainment. Do you believe workers, regardless of their productive value, have the right to be comfortable according to whatever arbitrary level they feel they deserve? Where for you make the distinction?



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Post 23

Thursday, February 27, 2014 - 6:12amSanction this postReply
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Eva does not think about how resources/values are created.  She only thinks about how they are distributed.  As I stated earlier, she is short sighted, trying to feed those on the fringe today at the expense of the savings of the most productive.  She does not recognize the significance of all of the consequences of net productive having control over resources rather than the net consumers: motivation effects (individual reward=individual's net market productivity vs reward unrelated to individual's net market productivity), and entrepreneurial (Austrian school) choices on how such resources are used (to build productive capital vs consumption).

 

It is true that people become more violent when they are hungry.  Socialism only reduces the number of starving people by starving so many people to death that eventually the population is so low that the number of people living is less than the number of people who were once starving.  Hence a well enforced system of wealth redistribution such as Mao's China does eventually end with less violence... after so many people die that the remaining people can live off of nature like non-farming animals.

 

Why do I waste my time responding to this socialist troll?

 



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Post 24

Thursday, February 27, 2014 - 8:41amSanction this postReply
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Robert:

 

I don't share your conclusion, Fred. I think in a democratic republic such as the United States it matters a great deal to our quality of life what others believe and what their values are. If you live in a country of looters, your choices reduce drastically down to loot or be looted.

 

I of course understand what you mean; I've expressed it differently, as 'the mob can do what the mob can do.'    Yes, if we come of age and find ourselves in a sinking lifeboat jam packed with existentially terrified beings, clawing over each other for survival, it is a clear example of a circumstance where it matters a great deal to the quality of life what others believe and what their values are.

 

But I'm not sure what you mean by the conditional, "If you live in a country of looters..."     I think from your perspective you don't believe that is already the case, whereas, I've seen that-- as my assessment -- as something given, from before I was born.    Everyone?  No.  A Majority?   Clearly a majority enough, to tolerate the looting that goes on in plain sight.  That has gone on in plain sight.   And I am not talking about welfare.    I am talking about what used to be published daily, in plain sight, in things like Federal Business Weekly, or now, Federal Computer Weekly,  and today here.  https://www.fbo.gov/  

 

For 15 years, I was the world's smallest defense contractor, and not just to the US. (And indeed, what goes on by governments is a tribal thing, a can't avoid it disease of mankind.   It is what people will do when handed the Tribe's Magic Stick.  IMO, we don't tame that by finding some perfected species; we deal with it by minimizing the amount of it that we attempt/tolerate.  But that is not a majority view, so the present path just needs to fail; get out of its way.)   I was like a tiny tsetse fly, landing on a massive beast of an elephant every so often.   The first few landings, I thought, "How remarkable that I keep landing on a pus-laden area of this carcass."   But after the nth landing, and nothing but pus to be seen, I finally realized the whole beast was infected.   The beast -was- the infection.

 

The DOD-FARS is a joke.   The entire arrangement is a massive opportunity for an extended welfare state, folks tasked with making sure that taxpayers aren't being hosed over for the necessary machinery of a critical government function, when in fact, the entire process does nothing but guarantee that taxpayers get hosed.    With all the t's crossed, with all the i's dotted.    In all that time, never participated in (or even heard of) a bid process that wasn't already wired before the RFP hit the streets.  No, by the time you get past all the 'justification for less than free and open competition" and "black budget rainmakers" and "wired RFQs", you are down to the odd anecdotes over fringe commodities.   Loot or be looted?    Nonsense.   With the federal government in its present size and mode, the only choice to most Americans is 'be looted.'     We send hundreds of billions into a tight circle of flag waving corruption surrounding DC, and then pray that enough makes it past the mansions and finds its way to the bleeding E1 heroes at the pointy end of the stick.   And when they have stopped bleeding for this nation, it is not the E1s who find the soft landings waiting for them in that circle of corruption.   No, the E1s get to find a job and pay their taxes and continue to pay the price.

 

But I don't now, and also did not in the 70s regard the current political context as quite yet at the sinking lifeboat stage, rather, I saw it as one in which the popular majority constitutionally limited democratic republic process was clearly begging to swamp the ship of state; the lifeboat stage seemed to me to be likely in our future.    And there were plenty of active political voices screaming "No, Don't, Stop...and here is why."    In writing.

 

So my assessment was indeed different;   As a young man freshly out of grad school, sprinting from my first and last W2 job in the early 80s, I didn't see my options in the pre-swamped-lifeboat stage as 'loot or be looted.'  In the pre-lifeboat era, what little or large amount may remain of that is anyone's guess,  I targeted a career to try and mimize my exposure to those choices.    There are all kinds of intellectual and business challenges in the world, still.   Maybe for a long time yet to come, maybe for a short time to come.   But today, now, yes.    And to make that fringe strategy work, I had to selectively care about what others believed and what their values are -- my customers.    But those did not include everybody, or even a significant majority, or even by world standards, very many people at all.  I deliberately lived in the cracks and crevices of world commerce, because I could.   But not a problem-- neither for me, nor my customers.   Because my strategy deliberately did not target running and organizing a group effort, or shareholders, or employees (to either loot or be looted from, totally moot when they don't exist.)   

 

I voted for Clark in '80 over Reagan, because Clark put his ideas firmly in writing, black and white, in New Beginnings.    And then I watched a political process in America where his ideas were going to maybe get 1% of the popular vote during my adult life.   What little hope I put into the popular political process, I (pointlessly) transferred to the GOP, as the party of power that -should- have been most receptive to those ideas, with Reagan at least paying lip service to the concept of limited government.    And it was totally pointless, false hope, waste of concern.   Going nowhere.    Like the GOP is ever going to run Rand Paul for POTUS   If they don't prop up that jackass Christie in 2016 to get roundly trounced by Clinton -in this nation - I will be shocked.   Because in -this nation-, the alternative would be Rand Paul getting trounced by Clinton.    (Not the nation I wish it was, or think I could ever move to become but the atrophied, mature, once free nation that America is and long has been, since before I was born.)   So I focused on what I could do, which was, my strategic career goals, which explicitly included "How can I minimize my dependency on what my fellow Americans clearly broadly think and value?"    I did so by narrowing the scope of that dependency to the best of my ability to do so.    I eschewed the popular formulas, deliberately, because the popular formulas support popular ideas.

 

The loose ideas long loose in this nation won't prevail in the long run, not because this America will ever be convinced otherwise, but because they won't work.  I'm not debating that, that is just my assessment.   Maybe they will work someday; the proof of that will be, not some debate, but ... they will work.     Until then, not a problem (for me, anyway) and I'm not immolating my one and only life to their success (nor running for office to change/tilt at windmills in this nation.)  So my conclusion is indeed different.   When you find yourself standing in the middle of a tribal stampede, get out of its way, and let it fail.   If it makes any of us feel better-- if it satisfies some personal urge to tilt at windows, we cam whisper "don't ... stop" or even immolate out lives by amplifying our voices, or, we can get ourselves the Hell out of the way to the best of our ability-- just like Man in the Universe, as it is, facing any natural disaster out of his control or even influence.    In the midst of these periodic calamities, individual focus is critical, and that for sure includes triaging the world into things you can change (yourself) and things you can’t (others.)

 

Not even in the self-emperor vision granting world where the majority believes as I do would I ever value running for political office; because in my view of utopia, self-government is made up of honorable plumbers, drafted from a poll of folks living their lives and running the economies, like jurors, who are vetted and who agree to take on the task of being handed a plunger, to take their turn at keeping the plumbing of state clean and free flowing.  I accept the obligation to support jury duty, I support the concept of Superior Violence.    But I don't seek jury duty.   My never going to see it wish is to live in a nation where staffing necessary governmnet is viewed like jury duty, as opposed to a shot at American Idol and the chance to implement a government of will.   Compare this with the current national frenzy over American Idol/Leader Maximus, Runner of The Economy, able to leap tall recessions without ever even once ponying up so much as an embarrassing basket weaving college transcript.   That is the nation you and I live in.   So now what?

 

As in all things, for as long as you can, feel free.  Including, scrolling past my stream of consciousness offerings, which serve as my own cheap alternatives to much needed therapy.   Which, if you've read this far, begs the question.

 

Regards,

Fred

 



Post 25

Thursday, February 27, 2014 - 9:39amSanction this postReply
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Fred - My experience with "the beast" has been much the same as yours - the more I explore, the deeper and more widespread corruption I find. I don't mean corruption in the bribery sense - although that goes on too - it's just a gaping redistributionist hole that turns productive labor into a zero-sum spoils system of graft and favor trading.

 

What you may not realize is the Borg have learned from those who slipped through their fingers and they have adapted. Imagine emerging from grad school under a crushing mountain of government-held debt, and the only jobs offering relief from that debt are government jobs. Doesn't exactly encourage the entrepreneurial spirit, does it? Government has institutionalized slavery again - this time an unavoidable indentured servitude - and the only way for a high-achieving non-wealthy young person to escape it is by becoming a plantation overseer.



Post 26

Thursday, February 27, 2014 - 10:27amSanction this postReply
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Matthews,

You're assuming that there's some sort of 'moral atmosphere' of 'permissiveness' that causes violence. With all due respect, I couldn't agree with you less.

You don't agree. Why am I not surprised?

 

The initiation of force is a choice. It will be made more often, by those, and under those circumstances, where the legal/practical/moral risks are lower. Where is the rocket science in that?

--------------------

Most strangely, it's interesting how those who claim to be 'materialists' choose to attach a totally mentalist cause to those actions which they find repugnant.

Are you saying I claimed to be a materialist?  Please show me the post.

 

Your materialist/mentalist dicohotomy may be fascinating for you, but not me.  I focus on ideas of importance - things that serve a purpose, like 'concepts,' 'volition,' 'principles,' 'values,' etc.  You can feel free to quote from this or that sociologist or philosopher but I'm not interested in joining a discussion in these areas other than to point out the fallacies when someone becomes a volition-denier, or a principle-denier, or a concept-denier.

-----------------

...the reality that poverty causes violence, regardless of stated values.

People who really believe it is wrong to initiate force are less likely to initiate violence. That is pretty obvious, isn't it. But I suspect you won't like it because "believe it is wrong" is just a way of discussing values and morality.

 

Poverty actually doesn't cause violence, but saying that it does indicates that one has been indocrinated into the social theories of the left. It also shows that a person doesn't grasp that humans make choices and doesn't grasp that they have values and doesn't grasp that poverty won't make people lose the capacity to choose, or whisk away the values they hold.

---------

... moral righteousness against crime...

Is there another kind of "righteousness"?  And if one isn't morally righteous in opposition to the initiation of force, is that a good thing? Should we be morally neutral in the presence of a viscious rape, for example, because, after all it was caused by poverty? Gimme a break!

----------

...all conservatives seem hopelessly mired down in a bog of value-peddling that evades the lived reality.

I don't know about conservatives, much less "all conservatives."   Many of them pull their beliefs from religion - which I don't.  I can just speak for the Objectivist position which is that humans, by their nature, have a rational capacity that includes some form of volition. We can choose to reason or not.  And we have values, chosen consciously, or absorbed unthinkingly from the surrounding culture (another choice), and we act, rationally, or irrationally, on those values.

 

Some values are universal to the humans, or are claimed to universal to humans, and that makes up the set of moral values. There can, and are differing views on that.  But it is the far left that wants us to swallow snake-oil words to separate us from the very concept of value.  It is really a kind of bait and switch. They have their own set of values which they will call something else (or just pretend that they aren't values, but scientific facts) that they will put in place of any other values of those foolish enough to buy into that nonsense. You think that spewing academic jargon that attempts to tell you that there is no category of things that are good for humans and no such thing as a category of things that are bad for human beings is "lived reality"?  Good luck with that.

 



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Post 27

Thursday, February 27, 2014 - 4:16pmSanction this postReply
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Robert:

 

The higher education game today is nearly criminal; it makes no sense at all.    It wasn't all that long ago -- the 80s, maybe? -- when the law was changed, permitting research universities to generate revenues from their patent streams.    This was supposed to subsidize education.    It is exactly then when tuition and costs started skyrocketing through the roof.   There is little correlation these days between the costs and debt load of students leaving universities and their starting salaries.    I am not saying that these costs are the fault of the revenues from patent streams, but how odd is it that even with those revenue streams, tuition costs have climbed through the roof?  So where is the mystery?

 

There are three major areas of the economies that have significantly outpaced inflation in the last 50 years:    health care, housing, and education.    They also correspond to the three areas of our economies most deeply corrupted by the fat fingering of governement chutes and ladders subsidies.     As you say, if you are not glommed onto a connected government ladder, then you are sliding down a chute.

 

What species does this to their young?

 

A year at Princeton in the mid 70s was about 5,000/yr, and it was one of the most expensive schools in the nation. Sounds like a bargain, today.   And, still I wouldn't have been able to afford to go there then; half of that was grant, a quarter was loan, and I also had summer jobs and term time employment.  Grad school?  I never would have been able to afford it.   I wrote to several professors at MIT to try and apply/beg/find a paid R.A., and after pestering several, with recommendations from underclass profs who had gone there, finally found one in the Gas Turbine Lab.     But it was conditional on spcific grant proposal research funding, which he wasn't going to find out about until Sep 1.  I had a job at a chemical company, who knew I was conditionally going back to grad school at the end of the summer.   I got the word Sep 1, the next day I was driving up to Boston to find a place to live.    I was basically paid to work on my thesis.    It was the only way I was going to be able to afford to go there.  Paid all my tuition costs, plus monthly stipend to live on -- $900/mo.  I paid $400/mo for a one bedroom on Bay State Rd, looked out over the Charles, near Fenway.   Was a steal even then because it was on top of a blood bank.  (Bums lined the hallway in the morning downstairs, pissed, waiting to sell their blood.)  Got to Fenway once, after my thesis was handed in.

 

Today?   It's ridiculous.   My oldest son is much more capable than I was at his age, and I watched him really struggle to negotiate all that.   These are much more difficult economic times for the young than I can ever remember in my lifetime, at least.  My parents generation, not so much; they had it much harder.  Depression, WWII... their reward was that their generational pain was front end loaded.    They watched their children grow up in improving times.    Their children's children?  Not the same story.   So why?    There is a definite sense of cultural trajectory over the last 50 years, and it is uniquely not the same as the earlier 50 years in this nation.   Lots of reasons for that, not just one.   The simple end of gradient is one reason, but another is our political/cultural rot and its decided inability to intelligently deal with the end of dirt simple gradient..

 

Yale, for decades, keeps making noises about offering tuition free scholarships to everyone it admits; Princeton not long ago went to all grant financial aid(no loans.)   Harvard owns half of Rt 128.    The reason is, embarrassment over endwoments that rival small countries.    And still they ask for money every year?   They don't know what to do with the billions they have now.   Why is tuition so high?   Consider Princeton.  I don't know their exact endowment, I think its around 18 billion dollars in 2013.   The underclass size is about 1100?  Used to be about a 1000.   Say 4400 undergrads paying 60,000/yr.    That is about 264 million/yr in tuition and fees.   Let's say the economic/financial geniuses coming out of Princeton were able to generate 2% returns on that 18 billion.   That would be 360 million/yr to cover undergrad tuition, and still have 100 million/yr to build new labs, etc.   (And, that is assuming these economic/financial geniuses generate only 2% on that 18 billion...)    They would -easily- be able to compete for the best and brightest by offering tuition free awards-- as would all the Ivies(which they would soon need to do in order to compete.)    Because students pay tuition for four years, but successful alumni contribute for 60 years and then many of them bequeath gifts from their estates.    The Ivies would be as attractive as the service academies are in this regards(of offering tuition free education.)  

 

More importantly, they would suppress tuition at other universities in the nation, who would not get away with asking for 60,000/yr and would need to compete in terms of cost with the Ivies offering the incentive of $0/yr...as long as you hit the damn books in HS and get accepted.   (In addition, those rejection letters from the Ivies would -really- hurt, the acceptance letters far sweeter, and the competion to go after them would be intense.)

 

OK, so why don't the Ivies do this?  If one does it, they will all have to do it.   And so, if none does it, then none have to.  (Collusion.)   They should be embarassed about talking about the 'crisis' in higher education, when they hold in their hands an effective means of suppressing tuition costs in this nation.   Because they don't have to.  Because Harvard owns half of Rt 128 instead.   Shame on the whole sorry mess, pumpng out all these policy wonks in DC enamored only with extracting even more carcass from the nation.    There are probably 'good reasons' why the Ivies don't implement this; Yale has been proposing it for decades.    I've just never heard any of those good reasons.   Instead, they find it more lucrative to maintain the current system -- by colluding -- and instead pump out policy wonks who professionally angst over what the tribe can do.

 

What I suspect is, it is not the Ivies preventing this from happening all by themselves; I suspect they are queitly being lobbied by the Dukes and so on, crying about unfair competition, and 'buying' America's brightest students, and God knows what gibberish which assuages their guilt over not doing what they damn well could easily do to stem the rising tide of tuition costs in this nation.  The bidness of education in America is good, highly valued, highly subsidized, and in high demand, so, let the shearing continue.

 

 

Poet Robert Frost saw it coming, I think.   In the early 60s, just before he died, he was asked what he thought of the new generation.   He replied "I'd have great hope for them, if only we could give them the gift of our struggle.   Alas, we are a success, and cannot."    There is that, too.     The 'boomers' who grew up in the 60s and 70s, in spite of whatever is said about them, did not think and act and believe as a monolithic whole. There demographics were ridden like a intergenerational pony, first marketed to, then sold real estate to, then surplus taxed, with the excuse that it would be needed for some coming easily predicted rainy day, so as to not be a burden on the next generation.   (Forget it, government long spent that generational surplus, and replaced it with a difficult to fill once subsidized gaping hole in the budget, to go with the unpaid IOUs and busted credit card.)  If anything, relative to the nation that fought its way out of the depression and WWII, it was the beginning of divisive rift in this nation, a rift that has never been resolved, that continues to divide the nation today, against itself.  It is a rift, I believe, that was inserted from without, by once external global competitors; that conflict morphed into an internal conflict.   We didn't win the Cold War, we caught the Cold, and have been coughing up phlegm ever since.   Whatever battle for the future may have been waged from those decades, the future that came out of them was one with a massive federal government bringing the nation to its knees with its movement towards a centrally planned command and control 'the' Economy.   We've all witnessed, and today are witnessing, the truly childish nature of our political process.  It is so pathetic, the entire nation -- both sides in this conflict -- is disgusted with it.   But so it was the whole way; childish and pathetic.   The last time in my adult life that I had the barest glimmer of hope for our political process was the 1992 election.   I (naively)then believed then that finally, America was going to have 'The Debate' about which way this nation was going to go,in the wake of the collapse of the USSR and the fall of the Iron Curtain.     That debate never happened.   Both parties of power ran from it, content instead to vie for control over the CronyFest on the Potomac, and instead, embraced the folksy bumper sticker arguments of a Carville ("Heeee-its the eeee-con-o-meeee, stoooopit!") and politics on both sides remained in full blown clown mode.    My sense is, at the very least, the nation hasn't been the same since JFK was assassinated.    The sense of national trajectory has been like watching a slow death march ever since, but with clowns and balloons and self-awards ceremonies.

 

This rotted thing just needs to break.    In the ashes, once again, those that can, will.   I hope this next time around they manage to keep the weasels and carcass carvers at bay but as usual that is just a hope.

 

regards,

Fred

 

 

 



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Post 28

Thursday, February 27, 2014 - 4:55pmSanction this postReply
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Here is another reason its not done in the Ivies.    The basis of the idea is competition; competition between the Ivies, competition among young Americans reaching for the reward of a tuition free education, and competition between other universities.

 

And, in the global political struggle that was the Cold War, the camp of our opponents -- the opponents that were competing by farming in ox carts in the 80s -- had deliberately attacked the spine of American education to make the word 'competition' into a dirty word rven on those remarkably competitive Ivy League campuses.

 

Try to imagine the American beast that would roar out of that competitive fire;   our smart global competitors once did, and found a smart way to slow it down to a bare crawl.   By crippling it where it lived.

 

The Ivies were targeted and over-run.  They were and are still tiny inbred chokepoints, easily over-run.    America has yet to recover from that successful attack.    Competition is regarded as 'destructive,' an artifact of that eeeevil capitalism.   We're still coughing up that left wing phlegm.

 

regards,

Fred

 

 



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Post 29

Thursday, February 27, 2014 - 6:04pmSanction this postReply
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Fred: Re: caught the cold:  The Federal Reserve was created in 1913... long before the cold war.



Post 30

Thursday, February 27, 2014 - 6:15pmSanction this postReply
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The higher education bubble is multi-pronged and complicated, but at the same time, it is not. Econ 101 tells us if we subsidize something, we get more of it, which in this case are useless social science research and a mountain of student loan debt (now averaging $30k for college grads). The number of administrative staff in higher education and their salaries have grown exponentially on the government gravy train, and on-campus construction is like a developing country realizing an oil boom. They have become essentially part of the government itself, and Parkinson's Law says bureaucracies grow themselves 5% per year regardless of need.

 

I got scholarships and worked part-time jobs, so I escaped law school with *only* 80k in debt - the equivalent of a 20% downpayment on a very nice home. Most of my classmates were in far worse financial condition than I was at graduation and signed on to whatever public office to have their negative net worth erased after 10 years of servitude. The Great Recession hit in my second year, so even at a Top 5 school for firm placement, none of the big boys would even think about hiring us. The federal government offered me double a small firm salary and $10,000/year in student loan repayment. Guess where I ended up?

 

As an addendum, if you think it's all a sucker's deal and people should just work out of high school (or college): hope you like making frappucinos for a living, because you get laughed out of the room with a GED or bachelors in this economy. So everyone doubles down and goes to grad school, law school, or med school on government credit. The bubble gets bigger, and degree inflation continues.

 

(Edited by Robert Baratheon on 2/27, 6:35pm)



Post 31

Thursday, February 27, 2014 - 6:21pmSanction this postReply
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Shitttyyy



Post 32

Thursday, February 27, 2014 - 6:27pmSanction this postReply
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re 26

 

 

>>>Poverty actually doesn't cause violence, but saying that it does indicates that one has been indocrinated into the social theories of the left<<<<<

 

You're red-bating a materialist cause. Congrats. Marxists need more peole like you to oppose.

 



Post 33

Thursday, February 27, 2014 - 9:44pmSanction this postReply
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re 32

 

?



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Post 34

Friday, February 28, 2014 - 6:39amSanction this postReply
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Fred,

http://finance.princeton.edu/princeton-financial-overv/financial-facts/

 



Post 35

Friday, February 28, 2014 - 6:59amSanction this postReply
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Dean:

 

Fred: Re: caught the cold:  The Federal Reserve was created in 1913... long before the cold war.

 

For sure.   The plague was sweeping the world at or around the turn of that century; America caught it's share of a crippling disease.   Scott Nearing's 'Social Religion' was published twice in the early 1900s.   He published it the first time as a frustrated Christian.   He published it the second time a few years later as a frustrated socialist.   Same book.  Same religion.

That Cold War had its beginnings with German philosophers from the 1800s, not the end of WWII.

 

Freedom had broken out in the world, and the jungle was reclaiming what it regarded as its own; the lives of every tribe member, the state uber alles.

 

regards,

Fred



Post 36

Friday, February 28, 2014 - 7:16amSanction this postReply
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Merlin:

 

Thanks.    Yes, the picture is even better, because Princeton has already switched over to grant only financial aid; they are already less than half dependent on tuition for revenues.

 

And far from 2% returns on their assets, it is clear.

 

So indeed...why not?

 

Same picture with most of the Ivies.   Institutions can build enourmous endowments after going on almost three hundred years.

 

Maybe it will happen slowly; first, some switch to grant only financial aid, like Princeton, and then, eventually, tuition free for all.   (It would be a rounding error at some point...)

 

The Ivies, as well as MIT and others, also generate income streams because they are major research centers, and from patent streams.    When you look at those revenue centers:  research, patent streams, successful alumni contributing for their entire lifetimes and bequeathing gifts from their estates at the end of all that, the coin that feeds that realm, the raw material, is the best students in the nation.   The Ivies as business enterprises, should not only be competing for those by offering tuition free education, but actually paying them to show up.   It would make economic sense.  The competitive drag on tuition elsewhere would at least tend to subdue tuition costs rising elsewhere.  Universities would need to compete.

 

And be totally counter the prevailing political meme running loose on those campuses, like a buzz-kill, as if by design.

 

By whose design?   In the interest of what?   Not a once free nation, that is for sure.

 

regards,

Fred



Post 37

Friday, February 28, 2014 - 8:11amSanction this postReply
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Robert:

 

Here is another question about education, raised by a(left leaning)friend of mine.   

 

Land Grant Colleges was a program from the mid 1800s that created a massive network of colleges.    It was a massive investment in public colleges and universities.    The practical result was an affordable engine, accessible low tuition opportunities, to achieve higher education.   Those engines pumped out teachers by the boat load, and fueled public education in this nation.   You cant throw a dart at the map in this country without hitting close to a Land Grant College.   Most became public, many state colleges, but some became private.  (According to wiki, Cornell and MIT are examples of the latter.)

 

It is hard(but not impossible) to find anyone who thinks that program, and that public policy, was anything but largely a huge net positive for all of us in this nation.   Education is one of those things that, when largely realized, makes life easier for everyody in the nation.    Education today is controversial precisely because it is so highly valued, not because there are many who question its value to us all.

 

The supply of teachers was plentiful, relative to the alternate world of private only universities, without federal subsidy.    Tuition at state colleges was low, access was achievable, supply of teachers was enhanced, (and wages were no doubt suppressed.)   There is another argument that quality was also suppressed; we all probably know examples of folks who went into teaching by default, especially in the 60s, to actively avoid the draft. (and, to balance, we also know examples who love teaching so much that they would have paid for the opportunity and it wasn't about wages and a job, but more of a calling.)  But what I wonder is, in balance, was that an example of a public investment in education that actually paid off for the nation?  Was it a success, and can we imagine America without its huge network of low cost state teachers colleges?  

 

If this was a success(in keeping access costs low and supply hight) for the teaching profession, then why not the medical profession?   My left leaning friend wondered aloud, instead of throwing 900B/yr at MEDICARE/MEDICADE, would some of that budget be better spent in establishing the equivalent of Land Grant Medical Schools, to make medical school accessible to more potential students?   It isn't hard to imagine why the profession would dismiss that idea.  I suppose teachers, as a profession, were just unable to organize quickly enough into a special interest mob in the 1800s to prevent that from happening back then.

 

Or, any profession.   Medical, law, engineering.    Each already has substantial barriers to entry; is it really necessarry to also guard the gates so heavily with financial barriers, or, are those financial barriers just a sign of competion for limited slots in high demand markets?   (Engineering education is not a high demand market in this nation, and hasn't been for decades. Engineering schools been begging to fill slots for decades.    At grad school at MIT, the slots in my local office were filled as follows:   China, Iraq, India, PA, CA.    40% US citizens, 60% foreign nationals.   That was pretty typical for the whole school, and that was 1978.   Nobody was paying tuition, all there on either R.A.s or T.A.s    Research grant money(ie, federal research grant money, USAF, etc.) ... free education in exchange for research labor...largely provided by foreign nationals.   Some stayed in the US.  Not all of them.   But the nation subsidized their education, by buying their service as grad student research labor...to build its whacky tech toys, in this case.)

 

Would land grant medical schools work today?   Would land grant law schools work today?   We are -- kind of -- doing that in an indirect fashion, with grants.   So why did the subsidy in one instance -- land grant colleges in the 1800s -- succeed in controlling costs for such a long period in the case of teachers and teachers education, but today, massive increases in those subsidies clearly aren't controlling costs at all?

 

At one level of subsidy, it is bootstrapping the market.   At another level, it is grossly perverting the market with broken incentives.  (Focus on future subsidies and not the original mission.   As in, when is the next Studio 38 rain going to fall, want to stand around under that...)

 

I wish I knew.   There are those here who might say the problem was the initial foray into Land Grant Colleges. and the rest is just accelerated failure of what was a flawed idea.  Maybe they are right.

 

regards,

Fred



Post 38

Friday, February 28, 2014 - 8:47amSanction this postReply
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Fred - There is A LOT there to discuss. I think it's an open question as to whether government schools have been net positive or negative and we really have no evidence-based methodology for evaluating that question. What is obvious to me is that a voucher system for the poorest students would be far more efficient and effective than the bureaucratized, unionized, geography-based public education system we have today. As for higher education, subsidizing debt is just madness which makes everyone except the colleges worse off. I'm an incrementalist, so I'd like to try such a targeted voucher system before going full-blown privatization, which isn't politically feasible anyway.



Post 39

Friday, February 28, 2014 - 9:28amSanction this postReply
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Here is a freedom argument against vouchers.



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