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They gave large amounts of money to some of the better known universities in America; they created newly formed departments of economics with that money; they hand picked their own people to be the professors to head up those departments and then those professors with all of their academic credentials gave speeches and wrote scholarly essays extolling the virtues of the Federal Reserve System.
Having said that, if we weren't so dependent on the city structure a collapse of it would be a very small deal.
The Socialist Revolution in the US cannot take place because there are too many small independent farmers there. Those people are the stability factor. We here in Russia must hurry while our government is stupid enough to not encourage and support the independent farmership.'
"For 10 years, William Schmidt, a statistics professor at Michigan State University, has looked at how U.S. students stack up against students in other countries in math and science. "In fourth-grade, we start out pretty well, near the top of the distribution among countries; by eighth-grade, we're around average, and by 12th-grade, we're at the bottom of the heap, outperforming only two countries, Cyprus and South Africa."
:Source
Is it any wonder Corporations now import workers from other countries?
... Surveys of corporations consistently find that businesses are focused outside • the U.S. to recruit necessary talent. In a 2002 survey, 16 global corporations complained that American schools did not produce students with global skills. United States companies agreed. The survey found that 30 percent of large U.S. companies “believed they had failed to exploit fully their international business opportunities due to insufficient personnel with international skills.” One respondent to the survey even noted, “If I wanted to recruit people who are both technically skilled and culturally aware, I wouldn’t even waste time looking for them on U.S. college campuses.”
...the U.S. ranks 21st out of 29 Organization for Economic Cooperation and Development (OECD) countries in mathematics scores, with nearly one-quarter of students unable to solve the easiest level of questions....In 2000, 28 percent of all freshmen entering a degree-granting institution required remedial coursework
www.edreform.com...
And just because some may believe that the recession is over with, remember just a year ago, being in a recession was a 'ridiculous' idea, doesn't mean it is over with.
Originally posted by ProfEmeritus
Remember, FDR declared the Depression over, only to have it continue for years. Only WWII brought us out of the Depression.
Obama continues to make the same mistakes that FDR made.
Originally posted by dooper
reply to post by ProfEmeritus
Not only would bringing the troops home put an additional block into the unemployment box, but think of all those independent contractors - Triple Canopy, Xe, and others would also be unemployed.
Nothing like a bunch of pissed-off ex-soldiers and ex-mercenaries running around.
Come to think of it, that could really work out well . . . for the productive members of the American people.
In addition, bringing home troops, adds to the unemployment. Keeping them enlisted prevents the unemployment numbers from getting even worse than they are now.
Under the Constitution, the militia (now called the National Guard) may only be called into duty by the federal government in three specific situations. According to Article I, Section 8; Clause 15, the Congress is given the power to pass laws for “calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions.” The militia was intended by the Founders and Ratifiers to be defense force and nothing more. Deployments outside the country were not considered, and neither were internal deployments in pursuance of powers that were not delegated to the federal government. Congress has passed numerous laws in the past 100 years giving the federal government additional authority not mentioned in the Constitution. But, without amendment, altering the enumerated powers by legislative fiat is, in and of itself, unconstitutional. Campaigns in states around the country are working to reassert the authority of governors over guard troops.
CLICK HERE FOR CURRENT BRING THE GUARD HOME LEGISLATION
"Mr. Chairman, the United States is bankrupt: It has been bankrupted by the corrupt and dishonest Fed. It has repudiated its debts to its own citizens. Its chief foreign creditor is Great Britain, and a British bailiff has been at the White House and the British Agents are in the United States Treasurymaking inventory arranging terms of liquidations!..."Mr. Chairman, the Fed has offered to collect the British claims in full from the American public by trickery and corruption, if Great Britain will help to conceal its crimes. The British are shielding their agents, the Fed,... www.apfn.net...
“The Fed Note is essentially unsound. It is the worst currency and the most dangerous that this Country has ever known... They should not have made the Government [liable on the private] debts of individuals and corporations, and, least of all, on the private debts of foreigners.” home.hiwaay.net...
Sec. 3. Section 11 of the Federal Reserve Act is amended by adding at the end thereof the following new subsection:
''(n) Whenever in the judgment of the Secretary of the Treasury such action is necessary to protect the currency system of the United States, the Secretary of the Treasury, in his discretion, may require any or all individuals, partnerships, associations and corporations to pay and deliver to the Treasurer of the United States any or all gold coin, gold bullion, and gold certificates owned by such individuals, partnerships, associations and corporations....
Will Dems attempt to ram through Health Care Bill Cause a coup d'état?
posted on 19-8-2009
The government is a symptom of a disease Professor the Corporations are the Disease.
Originally posted by ProfEmeritus
reply to post by reasonable
What he always proposes is not realistic and essentially would result in total collapse + opportunity to rebuild from the ashes.
Well, that may or may not be true now. However, if they had started listening to him years ago, perhaps we wouldn't be in that mess now. At some point, even the best doctor may not be able to save the patient.
Does the US have terminal cancer?
PROFESSOR, what an outstanding thread. Kudos to you.