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  #31  
Old 02-09-2011, 05:31 PM
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doucanoe doucanoe is offline
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Originally Posted by merrylander View Post
I would not say that, corporations are doing just fine, sitting on over $2 trillion in cash.

They are indeed. One side seemingly defending it and the other side while publicly pointing fingers, doing nothing but supporting it financially and by policy also.

On a side note, Our new U of M president, Eric Kaler, signed on to replace outgoing president Bob Bruininks. He is being paid $ 610,000/yr (base salary) for his efforts. This is around $ 350,000 more than his current salary as provost at Stony Brook University and $150,000 more than outgoing president Bruininks. Not a big deal you say... Well it is a big deal when you consider how they keep raising tuition and fees at double digit rates yearly for students because the school is in reportedly such financial straits. They keep spending, building stadiums and whatnot while at the same time fee jacking students at a ridiculous pace because they are "going broke".

Its a small potato's deal dollar wise compared to some corporate muckety mucks compensation but it's all the same deal and these are the folks supposedly watching out for the future of our children. I guess burdening our young people with a unmanageable mountain of debt upon graduation is just tough love of sorts


Thats probably going to be one of our next big "Bail outs" a few years down the road if we make it that far.

It's all good in their eyes. After all and even though they are public education, they are really just another corporate entity. Teach them to despise corporate america and at the same time, rob them blind in the same manner. Touch'e state college's. Nicely played!


The question has been posed as to who is playing who? The game players include all as far as I'm concerned.


RC
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Last edited by doucanoe; 02-09-2011 at 07:23 PM.
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  #32  
Old 02-09-2011, 08:22 PM
Charles Charles is offline
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Originally Posted by CarlV View Post
...and not loaning it to small business.

Just take the no interest treasury loan and buy US debt bonds with it. Hard not to make a profit and you just need a 50 million dollar a year CEO to figure it out.


Carl
I thought they took it X10 and then loaned it back to the treasury. Welfare for the international bankers. More fiat currency for the politicians to buy votes with.

Chas
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  #33  
Old 02-09-2011, 08:31 PM
Charles Charles is offline
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Quote:
Originally Posted by doucanoe View Post
They are indeed. One side seemingly defending it and the other side while publicly pointing fingers, doing nothing but supporting it financially and by policy also.

On a side note, Our new U of M president, Eric Kaler, signed on to replace outgoing president Bob Bruininks. He is being paid $ 610,000/yr (base salary) for his efforts. This is around $ 350,000 more than his current salary as provost at Stony Brook University and $150,000 more than outgoing president Bruininks. Not a big deal you say... Well it is a big deal when you consider how they keep raising tuition and fees at double digit rates yearly for students because the school is in reportedly such financial straits. They keep spending, building stadiums and whatnot while at the same time fee jacking students at a ridiculous pace because they are "going broke".

Its a small potato's deal dollar wise compared to some corporate muckety mucks compensation but it's all the same deal and these are the folks supposedly watching out for the future of our children. I guess burdening our young people with a unmanageable mountain of debt upon graduation is just tough love of sorts


Thats probably going to be one of our next big "Bail outs" a few years down the road if we make it that far.

It's all good in their eyes. After all and even though they are public education, they are really just another corporate entity. Teach them to despise corporate america and at the same time, rob them blind in the same manner. Touch'e state college's. Nicely played!


The question has been posed as to who is playing who? The game players include all as far as I'm concerned.


RC
Yeah, but what about Little Johnny?

How do you place a monetary value on insuring that he doesn't grow up stupid?

Chas
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  #34  
Old 02-09-2011, 09:00 PM
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doucanoe doucanoe is offline
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Little Johnny need to find a job in the public sector while the gettin's good or until the well runs dry which could be very soon.

They say they don't exist, but it's purported by many to be the only "functioning" and growing perpetual motion machine in existence, right?

I hear the IRS is hiring at a very rapid rate. Hmm, I wonder what those folks are going to be busying themselves with ???


RC
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  #35  
Old 02-09-2011, 09:09 PM
whell whell is offline
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Originally Posted by doucanoe View Post

I hear the IRS is hiring at a very rapid rate. Hmm, I wonder what those folks are going to be busying themselves with ???


RC
Proctology
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  #36  
Old 02-09-2011, 09:22 PM
Charles Charles is offline
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Originally Posted by doucanoe View Post
Little Johnny need to find a job in the public sector while the gettin's good or until the well runs dry which could be very soon.

They say they don't exist, but it's purported by many to be the only "functioning" and growing perpetual motion machine in existence, right?

I hear the IRS is hiring at a very rapid rate. Hmm, I wonder what those folks are going to be busying themselves with ???


RC
I'm sure that with a BA in Sociology Little Johnny will find a fine job in the public sector and do quite well...provided he knows which banana to put in his mouth.

And as far as the new IRS agents, I read that they're being hired to "explain" the new health care provisions to folks such as you and I.

Chas
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  #37  
Old 02-09-2011, 09:44 PM
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doucanoe doucanoe is offline
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Originally Posted by whell View Post
Proctology

I guess thats a nice way of putting it
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  #38  
Old 02-09-2011, 09:46 PM
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doucanoe doucanoe is offline
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Quote:
Originally Posted by Charles View Post
I'm sure that with a BA in Sociology Little Johnny will find a fine job in the public sector and do quite well...provided he knows which banana to put in his mouth.

And as far as the new IRS agents, I read that they're being hired to "explain" the new health care provisions to folks such as you and I.

Chas

I'm sure that's it, exactly
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Last edited by doucanoe; 02-09-2011 at 10:28 PM.
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  #39  
Old 02-10-2011, 12:25 AM
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CarlV CarlV is offline
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Originally Posted by Charles View Post
I thought they took it X10 and then loaned it back to the treasury. Welfare for the international bankers. More fiat currency for the politicians to buy votes with.

Chas
You're probably right. It is a shame we cannot let our government do what private industry will not. I don't care for massive government but I certainly believe in what is necessary. I was reading some of the cuts they want to do and I saw no fluff, there just will be a very real loss of quality of life for all.


Carl
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  #40  
Old 02-10-2011, 12:34 AM
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CarlV CarlV is offline
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Quote:
Originally Posted by doucanoe View Post
They are indeed. One side seemingly defending it and the other side while publicly pointing fingers, doing nothing but supporting it financially and by policy also.

On a side note, Our new U of M president, Eric Kaler, signed on to replace outgoing president Bob Bruininks. He is being paid $ 610,000/yr (base salary) for his efforts. This is around $ 350,000 more than his current salary as provost at Stony Brook University and $150,000 more than outgoing president Bruininks. Not a big deal you say... Well it is a big deal when you consider how they keep raising tuition and fees at double digit rates yearly for students because the school is in reportedly such financial straits. They keep spending, building stadiums and whatnot while at the same time fee jacking students at a ridiculous pace because they are "going broke".

Its a small potato's deal dollar wise compared to some corporate muckety mucks compensation but it's all the same deal and these are the folks supposedly watching out for the future of our children. I guess burdening our young people with a unmanageable mountain of debt upon graduation is just tough love of sorts


Thats probably going to be one of our next big "Bail outs" a few years down the road if we make it that far.

It's all good in their eyes. After all and even though they are public education, they are really just another corporate entity. Teach them to despise corporate america and at the same time, rob them blind in the same manner. Touch'e state college's. Nicely played!


The question has been posed as to who is playing who? The game players include all as far as I'm concerned.


RC
Looks like they are following the University of California system's lead. No shame in their greed at all.



Carl
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