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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (110005)	3/27/2010 10:35:40 PM
From: Sweet Ol	1 Recommendation Read Replies (1) \| Respond to of 116555

Mish, all you have to do is look at the private schools and charter schools and home schoolers to see long term examples of excellence in education. For the most part, all of these alternative schools are less costly and much more effective than the public schools in their area. Look at the ACT and SAT results from these schools compared to the the averages. Now, in all fairness, the most important factor in a child's educational progress is parental concern and involvement. The parents who send their kids to alternative schools are very concerned and involved. But the success of charter schools working with under-privilaged children is exceptional. Blessings, JRH P.S. My town, Tulsa, experimented with privatizing the jail but gave it up because the Sheriff bid the job much lower and had done a much better job with fewer problems. So, public service works when you have smart, dedicated, public servants. Unfortunately they are in short supply.

To: mishedlo who wrote (110005)	3/27/2010 11:21:19 PM
From: Proud Deplorable	2 Recommendations Respond to of 116555

Is it true that the government is trying to force private pension funds to be taken over by the banks and then the banks implode and wipe out pensioners? Is FDIC going broke? Is this how the government is going to bring down the entire system? Is it true that the government is going to try to force public pension funds to purchase treasuries and toxic assets? Is the Federal Reserve going to nationalize the banking system?

To: mishedlo who wrote (110005)	3/28/2010 6:29:54 AM
From: Haim R. Branisteanu	5 Recommendations Respond to of 116555

Mish unfortunate most people are in a state of apathy and feeling helpless and scared based on the actions of this administration. The days of the US as a superpower and beacon of people’s freedom and liberty of choice are fast coming to an end. The uninformed, uneducated and plain ignorant electorate starts to have the upper hand in their voting. The US is transcending into the tyranny of those who have below average intellectual capability - that is the linchpin of democracy going wrong. The simple reason is that intelligence is distributed according to the Gaussian curve and it is easy for those below average, to gain control of a society, as always there are smart people who make wrong/bad choices and help to tip the majority into the stupidity favor. Keep in mind democracy in its various forms failed in the stone/bronze age, then again under the Roman Empire and it is now on the way out in the ideal form of rule by majority consensus - Best example is today corporate governance and executive pay. Interested entities have the say and those are entities that manage money for the uneducated/ uninformed etc.,– e.g. pension funds and insurance companies funds and so on. Neither pension member nor insured people have a say in the corporation that their money is invested. The only person voting on their behalf is a shill managing those funds, whose interest is not exactly that of the actual stake holders, but his year-end compensation.

To: mishedlo who wrote (110005)	3/28/2010 9:25:33 PM
From: marcher	3 Recommendations Read Replies (1) \| Respond to of 116555

U.S. public education is the best in the world, when demographic variables are properly considered. For example, scores of the U.S. Asian subgroup (including many children who use English as a second language and many children who are not fluent in English) compare favorably to scores of monolingual students of Asian countries. Market fundamentalists continue the "free market" mantra. James Galbraith suggests that in the U.S. "freedom" has been transformed into "freedom to shop" and little else. Anyone who studies economics is well aware that "wants can be generated" and that persuasion tactics are used by private corporations (and politicians) to control choices. The "free market" is controlled by the priviledged. In contrast to your market-determined wage, Galbraith and Dean Baker encourage adoption of a livable wage. Unions are nearly powerless. Even Rothstein recently stated that unions do little to protect teachers from firing. Apparently, there is no significant difference in teacher firing when comparing states with teacher unions to those without unions. It is a statement of fact that financial sector and corporate greed has created bankrupt cities, counties, municipalities and states. Unions are the red herring. "...if government would stop wasting money on...absurd programs like "No Child Left Behind", dollars would go father..." I agree with this.