Tuesday, July 12, 2011

Making Money System



The rich are getting richer during this economic crisis and in the UK, they've already made it much easier for the rich-but-dumb crowd to buy their way into universities. Now, the Tories have made money an even stronger component in the decision making process. Besides being more easy money for the bankers, anyone with a loan for university also gets easy access. (Unlike the US, university in the UK used to be reasonably priced and easy to afford without a bank loan. The Tory austerity plan blew up that old pricing model.)

So come to England where if you had wads of cash or if you want to help your local banker, you too can get ahead. Oh what a fair system brought to you by the blue bloods. How can anyone argue that this is not more class warfare from the haves?

Universities UK, which represents universities, has been consulted. Its president, Sir Steve Smith, who is vice-chancellor of Exeter University, said the proposal to allow banks to exploit the student market carried huge risks and could create a two-tier education system.

He said the Department for Business Innovation and Skills had proposed that students taking private loans would be counted outside the allotment of places each university is given by the government, making them attractive to colleges aiming to increase their cash flow.

Smith said the consequent risk of a two-tier higher education system had "nasty" implications. "They [the government] have talked to us about that, but the trouble is that it has the obvious objection that it looks awfully like those people buying their way in."



The biggest single reform needed is government accounting at all levels.



The issue with pensions and retirement healthcare is it was not properly accounted for and therefore unsustainable promises could be made without impact on the people negotiating at the time. If we had realistic government accounting for present and future cash flow, then they would not have been able to make the promises in the first place. We would have been in the current tier of retirement benefits for new workers long ago.



Similarly, at the Federal government level we have spectacles like the Bush tax cuts which have a sunset on them because to do anything else would have exposed the massive hole they would put in the long-term budget. So, we have an amazing spectacle of Republicans demanding that Democrats extend the Bush tax cuts that they themselves did not make permanent when they had the majority in both houses and the Presidency. we also have Republicans bleating about the insolvency of Social Security waving 75-year projections around. Are they serious? We can't predict the economy one year in advance and they want to focus on making changes to a plan based on 75-year projections? Social Security was just getting instituted in 1936 75-years ago before a world war, the rise and fall of the Iron Curtain etc.

<b>News</b> International&#39;s Leadership Crisis - Gill Corkindale - Harvard <b>...</b>

Among the many shocking facts that have emerged from the News of the World hacking crisis, it is the revelations about News International's dysfunctional leadership and the NoW's brutal organizational culture that have ...

<b>News</b> International&#39;s Leadership Crisis - Gill Corkindale - Harvard <b>...</b>

Will <b>News</b> Corp. leave the <b>news</b> business? « BuzzMachine

So I wonder whether News Corp. will have to get out of the news business to save the business of News Corp. For it's not so bad to be rapacious when you're in the entertainment business. ...

Will <b>News</b> Corp. leave the <b>news</b> business? « BuzzMachine

CREW Calls On Congress To Investigate <b>News</b> Corp. After Phone <b>...</b>

The watchdog group Citizens For Responsibility and Ethics in Washington is calling on Congress to investigate Rupert Murdoch's News Corp. for evidence that the company's sprawling phone hacking scandal reached the United ...

CREW Calls On Congress To Investigate <b>News</b> Corp. After Phone <b>...</b>

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<b>News</b> International&#39;s Leadership Crisis - Gill Corkindale - Harvard <b>...</b>

Among the many shocking facts that have emerged from the News of the World hacking crisis, it is the revelations about News International's dysfunctional leadership and the NoW's brutal organizational culture that have ...

<b>News</b> International&#39;s Leadership Crisis - Gill Corkindale - Harvard <b>...</b>

Will <b>News</b> Corp. leave the <b>news</b> business? « BuzzMachine

So I wonder whether News Corp. will have to get out of the news business to save the business of News Corp. For it's not so bad to be rapacious when you're in the entertainment business. ...

Will <b>News</b> Corp. leave the <b>news</b> business? « BuzzMachine

CREW Calls On Congress To Investigate <b>News</b> Corp. After Phone <b>...</b>

The watchdog group Citizens For Responsibility and Ethics in Washington is calling on Congress to investigate Rupert Murdoch's News Corp. for evidence that the company's sprawling phone hacking scandal reached the United ...

CREW Calls On Congress To Investigate <b>News</b> Corp. After Phone <b>...</b>


The rich are getting richer during this economic crisis and in the UK, they've already made it much easier for the rich-but-dumb crowd to buy their way into universities. Now, the Tories have made money an even stronger component in the decision making process. Besides being more easy money for the bankers, anyone with a loan for university also gets easy access. (Unlike the US, university in the UK used to be reasonably priced and easy to afford without a bank loan. The Tory austerity plan blew up that old pricing model.)

So come to England where if you had wads of cash or if you want to help your local banker, you too can get ahead. Oh what a fair system brought to you by the blue bloods. How can anyone argue that this is not more class warfare from the haves?

Universities UK, which represents universities, has been consulted. Its president, Sir Steve Smith, who is vice-chancellor of Exeter University, said the proposal to allow banks to exploit the student market carried huge risks and could create a two-tier education system.

He said the Department for Business Innovation and Skills had proposed that students taking private loans would be counted outside the allotment of places each university is given by the government, making them attractive to colleges aiming to increase their cash flow.

Smith said the consequent risk of a two-tier higher education system had "nasty" implications. "They [the government] have talked to us about that, but the trouble is that it has the obvious objection that it looks awfully like those people buying their way in."



The biggest single reform needed is government accounting at all levels.



The issue with pensions and retirement healthcare is it was not properly accounted for and therefore unsustainable promises could be made without impact on the people negotiating at the time. If we had realistic government accounting for present and future cash flow, then they would not have been able to make the promises in the first place. We would have been in the current tier of retirement benefits for new workers long ago.



Similarly, at the Federal government level we have spectacles like the Bush tax cuts which have a sunset on them because to do anything else would have exposed the massive hole they would put in the long-term budget. So, we have an amazing spectacle of Republicans demanding that Democrats extend the Bush tax cuts that they themselves did not make permanent when they had the majority in both houses and the Presidency. we also have Republicans bleating about the insolvency of Social Security waving 75-year projections around. Are they serious? We can't predict the economy one year in advance and they want to focus on making changes to a plan based on 75-year projections? Social Security was just getting instituted in 1936 75-years ago before a world war, the rise and fall of the Iron Curtain etc.

How to make money with Football by newsky11


<b>News</b> International&#39;s Leadership Crisis - Gill Corkindale - Harvard <b>...</b>

Among the many shocking facts that have emerged from the News of the World hacking crisis, it is the revelations about News International's dysfunctional leadership and the NoW's brutal organizational culture that have ...

<b>News</b> International&#39;s Leadership Crisis - Gill Corkindale - Harvard <b>...</b>

Will <b>News</b> Corp. leave the <b>news</b> business? « BuzzMachine

So I wonder whether News Corp. will have to get out of the news business to save the business of News Corp. For it's not so bad to be rapacious when you're in the entertainment business. ...

Will <b>News</b> Corp. leave the <b>news</b> business? « BuzzMachine

CREW Calls On Congress To Investigate <b>News</b> Corp. After Phone <b>...</b>

The watchdog group Citizens For Responsibility and Ethics in Washington is calling on Congress to investigate Rupert Murdoch's News Corp. for evidence that the company's sprawling phone hacking scandal reached the United ...

CREW Calls On Congress To Investigate <b>News</b> Corp. After Phone <b>...</b>

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<b>News</b> International&#39;s Leadership Crisis - Gill Corkindale - Harvard <b>...</b>

Among the many shocking facts that have emerged from the News of the World hacking crisis, it is the revelations about News International's dysfunctional leadership and the NoW's brutal organizational culture that have ...

<b>News</b> International&#39;s Leadership Crisis - Gill Corkindale - Harvard <b>...</b>

Will <b>News</b> Corp. leave the <b>news</b> business? « BuzzMachine

So I wonder whether News Corp. will have to get out of the news business to save the business of News Corp. For it's not so bad to be rapacious when you're in the entertainment business. ...

Will <b>News</b> Corp. leave the <b>news</b> business? « BuzzMachine

CREW Calls On Congress To Investigate <b>News</b> Corp. After Phone <b>...</b>

The watchdog group Citizens For Responsibility and Ethics in Washington is calling on Congress to investigate Rupert Murdoch's News Corp. for evidence that the company's sprawling phone hacking scandal reached the United ...

CREW Calls On Congress To Investigate <b>News</b> Corp. After Phone <b>...</b>

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