Quote:
Originally Posted by merrylander
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