Skeeter,
No problem. I should say, 'Mike and All' instead of just Mike.
BTW - I agree with your opinion on this. I think eventually the powers that be will come to understand what terribly rotten bunch of apples they have and cut them loose. My understanding is that there are many fine bankers in this country, but they didn't rise to the top because they were much more conservative than the wallstreet hooligans. Of course, now they are on top in the sense that they are solvent, but no one looks at it quite that way since there is no mark to market.
As far as the Pell Grants...great idea but my 'socialist' side says that if you are going to give a free ride for a college education, it should be dependent on what your degree is going to be in. The gov't and everyone else knows that we have too many MBA/finance/marketing majors. What we need to do is only allow full grants for people willing to get certain needed skill sets...or maybe a quota system. Certainly, industrial engineering, chemical engineering, and petroleum engineering would be included in that set. Those who sign on but end up with a degree in marketing for example should, by contract, have their grant turned into a loan. And in the case of finance majors, a high interest loan. <g>
craig |