Quote:
Originally Posted by fozzy71
There you go making the fatal flaw, that life is somehow about 'getting rich'.
Rich has many meanings. Rich in friends, in love, in happiness, in experience, the least of which is money. Money cannot buy love or happiness or even fulfilling experiences. However, if one is rich in these things first, then the quest for greatness is about being the best and achieving the most in whatever endeavor and the money follows suit.
That's really what I meant. If you become a sheeple you never have these things.
Quote:
Originally Posted by CDCMO_MONEY
Why the U.S. lets all these morons waste money on college is beyond me. They used to have a financial interest, but now their is no third party in student loans.
Dude, you're way off here in your second sentence. Currently there are 3 parties, you, the lender, and Uncle Sam. There should be NO third party AT ALL. The US government is backing more than 70% of all student loans outstanding. That's why the cost of eduction has gone up so considerably. Do you think Bank of America would give you a loan for 100K when they know your income will be roughly 35K on average when you leave school? No ****ing way! The bottom line is most of us are not credit worthy borrowers to that extent and without the US Government backing loans a large % of people would not be able to secure debt to cover college tuition. Completely privatizing student loans = less college students, lower tuition costs because of limits on what students can borrow, and more people going into manufacturing/trade jobs and producing more products.
But you try and stand on a podium in front of America and tell everyone that we need less people going to college and educating ourselves. I'm sure that would go over really big. There's no good way to tell American's that what we need is less schooling and more non-service industry productivity. We need to get back to innovation and making things.
Last edited by Tefillin Villain; 08-30-2010 at 07:39 PM.