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Wednesday, October 12, 2011

Higher education bubble meets OWS

  If you read some of the signs, listen to the video complaints and interviews from the OWS protesters, a common theme emerges.
  A great percentage of them (those who bums, drug addicts and aren't being paid by activist organizations, unions or AdBusters) are disaffected college students who HAD to go ivy league schools that charge $70,000 a year and HAD to get loans that mortgaged their futures for decades.
  They're angry because they owe the government (yes, the government because that's who holds the loans) loads of dough for having made the choices they made.
  So what do they want?
  A bailout, of course!
  Here is one of the many testimonials from the OccupyToledo webpage of some of the complaints, most of which revolve around bills from education or health care:

I worked hard, played by the rules, got good grades, never got into trouble…and I’m SCARED for my future.
I have a MASTERS DEGREE…why can’t I get a job???
I am 24 years old.
I have $100,000 in student debt (and growing). I have a Masters Degree, but no one will hire me. I am either over qualified or don’t have enough experience… How can you get experience if no one will give it to you?
I live with my boyfriend who is barely paying our bills. We can’t afford to get married. I will be kicked off my fathers health insurance soon. When that happens I hope I don’t get pregnant from the lack of birth control since we won’t be able to afford it. If I don’t get a job in the next few months paying more then $8/hr we will have to move in with my in-laws.
My father has always worked 12-14 hour days, sometimes with two jobs at a time to make ends meet. He is currently working 12-14 hours a day, 6-7 days a week at a physically demanding job. His body is wearing down and he is showing Parkinsons like symptoms. Over my dead body will he ever go into a nursing home. Sometimes I get physically sick from anxiety.
I am TERRIFIED for the future.
I AM THE 99%
  We do have serious problems in this country;  yet the people who are protesting the issues of health care and education funding are totally ignoring the root causes of their problems. 
  These ill educated college students have not marched on college campuses, where professors routinely work only a few days a week, are paid exorbitant amounts of money, have poorly paid assistants whom they bar from unionizing,  and where fabulous new buildings populate beautiful campuses.
  From the New York Daily News, we learn the effect the politicians have had on student debt:

One of the major complaints of the Occupy Wall Street crowd, many of whom have taken on significant student debt, is that the cost of college is too darn high. And they're right, but not because of greedy corporate fat cats. No, the real guilty party here is federal politicians, who for decades have been fueling high profits - and prices - at both for-profit and nonprofit schools.
Wait. Big profits at nonprofit colleges? Yes, money has been piling up even at schools you thought had no interest in profit. And Washington, D.C., is the biggest hand feeding the beast.
  These ill educated student protesters, in many instances, are out for the lark of protesting, pretending the 60s have returned.
  A must read to understand what's going on is The Daily Mail, which reveals:

Among the hardcore of well-intentioned protesters sleeping rough in Zuccotti Park are also the children of the wealthiest 'one per cent' - taking a break from classes at private schools to show their solidarity... and join the fun.
As millionaire celebrities pledged allegiance to the protesters despite very healthy bank balances, MailOnline spoke to youngsters who have joined the movement, many of whom study at colleges which cost their parents up to $200,000.
  The Daily Mail details the cash that's floating around OWS, the expensive clothing being worn by the poverty stricken participants and some of the drug deals going down.
  Here's a photo from same Daily Mail article, showing a tied dyed bandannaed young man with a wad of cash:
  As we watch this administration play off the ill conceived protests around the country, they'd better be wary of who the actual "criminals" are when it comes to student loans. The loaners were leaned on by politicians to loan money with impunity in a bid for "fairness."
  Now the bill has come due, and they're demanding those loans be forgiven. 
  But then, the likelihood of these ill educated college students figuring that out is pretty slim.

2 comments:

  1. Do you realize that The Daily Mail is a sensationalist tabloid and rarely, if ever, backs their stories up with fact? You've basically quoted a bunch of ass-clowns.

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  2. You DO realize that the quotes in this story are from a variety of sources? You DO realize that MOST papers have turned into "sensationalist tabloids" (witness the racist rock story about Perry and the "Marco's parents left Cuba 2 1/2 years earlier than Marco says."

    You DO realize that, yes, I've quoted a "bunch of ass-clowns."

    They're called OWS.

    Like I said.

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