Friday, April 3, 2015

Why Are Only Our Children Held Accountable?

                             Revised  "November 1,2020"

I don't want you to think I have stopped writing, but this post has never been more
prevalent than today!
              "Why are only our Children held accountable?"

To start this blog today higher education to me in this ever changing world means many different paths, be it trade school, an internship, community college, a traditional 4 year degree or higher. I want you to know; I don't think our children's higher education. should be free there has to be a cost associated with their education to have value. By this I don't mean it has to be about a monetary value. It's much more important than that! Their education is about finding their own personal integrity to be accountable first to themselves, and then to others. We as a nation have got to re-learn doing what is right for many; not just the few. We have allowed our country to now function in the gray area where winner takes all no matter the cost or who it hurts. I believe a good place to start is by rebuilding our great country's infrastructures. How you ask? It's simple by our President advocating and Congress creating real tax credits (tax credits were never meant to be corporate - welfare-hidden in plain sight too !) used as they were intended helping America to prosper again for all citizens by offering tax credits to small business for college graduates (tax credits for both students and business to pay Student Loans!) in any number of areas starting with K-12 education to help redesign a 21st century educational system to compete with the rest of the world. Because we no longer live in the "Industrial age ". We are told we're in the information age; it's more like information overload!!Yes to some degree the information available today is mind blowing to say the least. The real problem in this very moment in time where the Cares Act is helping  provide the largest transfer of wealth we're not really told we've now have been transformed into
"The Financialization Age"    for the few, the gig and service industry for the rest of us. Where have all the factories gone here's a little help? Countries with cheap labor and no labor laws! Would you like a just a small peek into what is getting ready to happen in one area of the economy? Michael Alkins presentation "The US Auto Industry is about to Implode" sums up this mess in his eye opening report!

Some examples of our problems
2017 Report grade D+ in richest country the world has ever known?
The USA infrastructure ranks 25th in world.
US students academic achievements still lags that of their peers on many other countries

Now think of all the other areas our college graduates could help to rebuild America and reduce the the student loan debt at the same time it's a win win for everyone
The student loan debt with 44 million borrowers owing $1.6 Trillion and growing at a estimated rate of  over $2700 A SECOND! as reported by Jillian Berman Market Watch

I promise  if you share this post with your friends and  more importantly your Congressman and the President then have each to justify the Political Cronyism and all the waste....... and all the tax breaks given to corporations that pay little or no taxes while shipping our jobs overseas and then sending their huge ungodly profits off shore.
I promise you there are real solutions to affordable education in America, but first our children have got to become more important than the huge unethical profits being made off our children's backs!

I want you to know that I started this blog, because I saw there were no real solutions to the very real problems of the out of control student loan debt. In 2003 $250 billion, 2007 $500 billion And now it's 5 years later an a student loan debt that when I started was $850 Billion ..that's with a "B" has now grown to an estimated $1.6 Trillion  and that's with a "T"! Can any of us truly wrap our heads around this amount of spiraling out of control student loan debt? I know I can't, but I know it's wrong.... it's terribly wrong that we are loading down our children with an ungodly amount of student loan debt... who are the very future of our great nation.

I grew up a conservative from a very early age mainly because my father was involved in politics. My father retired from the military after 20 years serving our great country. He could not sit still so he and my mother started a Garden Center and Trucking Business, and the hours were long and hard. But my father made the time to make sure our political system was working for the people. My Dad was the Chairman of the Republican Party in Buncombe County Asheville,N.C. Dad was fondly called the little general, because of his true dedication to make sure our government was working for the American people.

I tell you this because I have not changed into a liberal or libertarian are any other party.I have become an independent. Our 2 party system is broken, and has become corrupted to the very core.
When our country's last Mid-Term  Election cost an estimated $4 Billion, and now just in case you were unaware, or may have forgotten with the new Supreme Court rulings the next Presidential election is being said could double the estimated $7 Billion spent in 2012...can you imagine $14 can these amounts of money be justified? Please I have added a link below Congress ratings approval are so low won't calculate ?!

I'm going to continue to add to the links below.....then let's talk about wasting taxpayer $$!!

Corporations in America pay virtually no taxes?

Too Big Too Fail?

Still waiting for the first executive from our 2008 financial meltdown to go to jail?

University Presidents now making $Million salaries to be the Universities promoter?
Shirley Ann Jackson Rensselaer Polytechnic Institute Troy N.Y. Total compensation$7,143.312!!!
How can you justify this salary and compensation??????.... Please Shirley tell us

I love college football but, again it's become big business at our Colleges and Universities
depending on the sport less than 2% and more realistically less than 1% will even have the chance to become professionals! College athletes greatly overestimate their chances of playing professionally.
Why not pay the players a percentage of the huge profits generated along with a personal mentor to help invest their money while in college.Also the athletes that do make it to the pros with the multi-million signing bonus should give back say 10% of their bonus money to a fund set up for this purpose remember their teammates played an important role in few that do make it to the pros. This is a small price to pay, because college sports have allow the 1% or possibly 2% this once in a life time opportunity. Think about these student athletes being able to come out of college with a degree and the seed money to start their own business hopefully back in their own community. Now this is an investment in the future of our children and a true stimulus program to help our great country economy start to prosper again especially in our poorer community.  
I know this would be very difficult, but we just need a couple of schools to step up a then set up a "Pilot Program" first and say this is the right thing to do for children. Our inner cities are crumbling before our very eyes. Think about the farmer's son  football ability what that would mean to be able to start his own farm, or whatever his dream may be The list just goes on and on......

We have allowed our  Colleges and Universities to make $Millions...some looking at $Billions in Television contracts.      Our children have got to come 1st.......not the huge profits....  when are we as a nation going to demand this?

Now look what has happened...   How is this even possible...political cronyism is my answer
The NFL a Non-Profit?...... with  Commissioner Roger Goodell making a estimated $35 Million !

 The NFL is no longer a Non-Profit they relinquished the designation of a Non-Profit  A petition drive  by Lynda Woolard of New Orleans, La and   Statement made has become too much of a distraction of the day to day operations! I hope this will show you....... when we speak with "one voice change will happen" !

Harvard endowment estimated  at $36.4 Billion?  and endowments of over $1 Billion at 90 other Universities? Why are these schools not creating their own non-profit banks and providing low fixed interest loans to their students? I believe tuition would start to go down if the schools were responsible for their own loans. This would help to make these Universities self-sustaining where our children again become the #1 reason for the school being in existence.

Now keeping on  same thought as endowments. The for-profit schools that are nothing more than just corporation money makers where the profits are more important than the student. Why couldn't theses corporations provide fixed low interest loans to their own students? Checks and Balances  where the schools are now responsible if they are to be self-sustainable or forced to closed, The for-profit schools can not longer take advantage of those that can not defend themselves, because their student loan consumer protection rights have been stripped away by congressional  political cronyism.

Well this may be the end to the for-profit Colleges as we know them today!

I used to believe in our free market economy, but the system is broken and has been rigged. I know there is a cost to education, but it should be affordable and available to every child.

Does something stink here?  I know  there is something terribly wrong here..........!

The Worst Our Democracy Has Been In Is Now & Here's How We Got There

    (Please watch this video with an open mind and then decide)

 Congress  is Flatlining! Approval rating .0001                         (Thank you Andy for a little humor :) 
but not much better 18% on average!

Tax Breaks to Big Business Are a Loser | Mercatus

list of 10 tax-dodging corporations

Tax Extender Deal Is A Handout for Big Business | The New ...

Full Show: Too Big to Jail? | Moyers & Company | BillMoyers ...

President Obama's Taxpayer-Backed Green Energy Failures

Bankrupt companies avoid more than $700 million in..

Then Congress moves to more to more lucrative $$$ Jobs!
There are a few exceptions that still have true integrity to do their job  !

Revolving Door Summary: Former Members | OpenSecrets

When a Congressman Becomes a Lobbyist, He Gets a 1452

  SOURCE: U.S. Department of Education, National Center for Education Statistics. (2019). Digest of Education Statistics, 2018 (NCES 2020-009), Chapter 3.

I believe we must work to achieve success. I have program that can be put into to place to bring our college graduates and small business together with a $5250 tax credit that would be a real stimulus program that would jump start the middle class again. The inspiration came a program already in place.. the up to $5250 tuition reimbursement used to send employees back to school, and  also from Andy Bossie and a group of college student from Maine that most would not even benefit from the program that they helped create.The same type student that our own government presumes are going to commit fraud?? ......   I know there is a cost to  educate our children,but it should be affordable for all of our children if they chose to go to college.
Our Politicians will have you believe...... that if our children are given back their student loan consumer protection rights. Oh Yes!.... our children student loan consumer protection rights were taking away..along with the harshest penalties, fees, truth in lending requirements virtually non-existent..... ever imposed on an American citizen.!.the same consumer protection rights that each of us as American citizen are entitled to....We are being told we the taxpayer will be paying our hard earned tax $$  because our children are going to commit fraud! Yes our Politicians are telling us that "all of our children" are going to declare bankruptcy, and leave the American taxpayer to pay for their education!...It would have to be "All of our Children" to even be credible,and have merit for the changes Congress  made in the laws to be this extreme. This is all just smoking mirrors so that the these lenders, and student loan debt collectors ( student loan defaults this is where the real crime is being committed to our children!)  and special interest that donated the outrageous sums of money to the politicians election campaign! This so these select few will continue to have a never ending stream of unethical profits off the backs of our children! We have to reinstate student loan consumer protection rights and let the courts decide who is responsible is it the student.. the lender..or the their student loan debt collection subsidiary that adds outrageous penalties,other fees,refinance fees etc...the schools with higher and higher tuition increasing almost yearly and then the fees..fees.and more.fees just look at your son or daughter statement that now the schools have virtually no skin in the game  Weren't we always told if something stinks it's usually is bad!.......... well how does this smell to you?

Please.... Please..... visit  this link by Alan Collinge founder of Student Loan Justice
(Our views differ on some points,but on the reinstatement of student loan consumer protection rights we're in agreement 110%!

Please call your Representatives to reinstate HR 2366 student loan consumer protection rights that have been stripped away by Congress!

A great interview by Matt Taibbi

Easy to read and understand graphic and information piece
This is about where we were are when I started writing about the  $850 Billion student loan debt, which  is now estimated at over $1.3 Trillion and growing faster today than ever before!

Great Video! The Higher Education Bubble !

Bankruptcy holds all sides accountable yes first the student, but also the lender, and student loan debt collector that you should know are for the most part are subsidiaries of the lenders.  Why is this important because more money is going to made off student loan defaults than the actual student loan if changes are not made soon...and oh yes the schools they continue to increase our children tuition's
and have virtually no liability for the loans that they are saddling our children with.

I promise you there are simple common sense solutions to the  estimated  $1.3 student loan debt.

But first! our children have to become more important....... than huge ungodly profits made by a select few

Mr. President and Congress I will leave you with this today

"A baby comes into this world with only hope.....the only gold we will leave this earth with is our Word"

Tony Eller


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