Posted by: iLLumination August 26, 2014
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Although most of other things that I have posted have been about conspiracy theories, this one hits closer to heart and deals with more relevant topic.
Education, more so college education is turning into a capitalistic gain organization which partner with banks to thrust the next generation into debt right when they are trying to get started in their life.
Let's face it. The real estate industry had a similar deal with the banks and we all know what happened - banks had to be bailed out by the government because too many people started to default on their loans.
College loans are going to be another increasing tool that colleges employ to make quick money while the banks are more than happy to create money to load to the students, while at the same time banks know that the government will bail them out in case of crisis. There is no accountability of who makes how much money before the crisis that led to the crisis.
Due to globalization, the price of many IT jobs have gone down because people in India and Nepal can do things cheaper. In a similar way, education which used to be one of the biggest attraction is now systematically being converted into a money making machine to feed the bankers pocket while thrusting the new and fresh generation into perpetual debt. While inflation has been 4 to 5 percent every year, cost of college education has been increasing at 20 to 25%.
It is interesting to note the government's inaction in controlling college costs while they have increased their budget hundred folds for the prison system and defense in the past decade.
When greed surpasses other human emotions then people who are constantly trying to make more and more money by using systematic abuse of the working population, will stoop down to the darkest depth of inhumanity.
The greatness of this nation used to be in the care that the government showed it's citizens, but now this same government has increasingly and clearly shown that it's main goal is to meet the corporate greed first and then take any credit for the minimal side effect which carries over to the citizens.
As globalization increases, and cameras are everywhere it is becoming increasingly difficult for the corporate pawns in the government to initiate foreign warfare to make sure that the weapons industry is profitable. Now they have the treacherous job of having to internalize the sale of these atrocious weapons and to perpetuate the profit of these corporations, by militarizing their own police force and spend more money on the prison system than schools and colleges.
If these greed based objectives are not put on hold, then the fall of the empire is not too far, and I am afraid they might take down the whole world with them due to the enormous fire power that have been developed.
I still have hope that one day the people behind the greedy corporations will wake up and realize what they are doing. After all you cannot take all the money to their graves, and the world needs to exist so that their offsprings can enjoy their inheritance.
Education, more so college education is turning into a capitalistic gain organization which partner with banks to thrust the next generation into debt right when they are trying to get started in their life.
Let's face it. The real estate industry had a similar deal with the banks and we all know what happened - banks had to be bailed out by the government because too many people started to default on their loans.
College loans are going to be another increasing tool that colleges employ to make quick money while the banks are more than happy to create money to load to the students, while at the same time banks know that the government will bail them out in case of crisis. There is no accountability of who makes how much money before the crisis that led to the crisis.
Due to globalization, the price of many IT jobs have gone down because people in India and Nepal can do things cheaper. In a similar way, education which used to be one of the biggest attraction is now systematically being converted into a money making machine to feed the bankers pocket while thrusting the new and fresh generation into perpetual debt. While inflation has been 4 to 5 percent every year, cost of college education has been increasing at 20 to 25%.
It is interesting to note the government's inaction in controlling college costs while they have increased their budget hundred folds for the prison system and defense in the past decade.
When greed surpasses other human emotions then people who are constantly trying to make more and more money by using systematic abuse of the working population, will stoop down to the darkest depth of inhumanity.
The greatness of this nation used to be in the care that the government showed it's citizens, but now this same government has increasingly and clearly shown that it's main goal is to meet the corporate greed first and then take any credit for the minimal side effect which carries over to the citizens.
As globalization increases, and cameras are everywhere it is becoming increasingly difficult for the corporate pawns in the government to initiate foreign warfare to make sure that the weapons industry is profitable. Now they have the treacherous job of having to internalize the sale of these atrocious weapons and to perpetuate the profit of these corporations, by militarizing their own police force and spend more money on the prison system than schools and colleges.
If these greed based objectives are not put on hold, then the fall of the empire is not too far, and I am afraid they might take down the whole world with them due to the enormous fire power that have been developed.
I still have hope that one day the people behind the greedy corporations will wake up and realize what they are doing. After all you cannot take all the money to their graves, and the world needs to exist so that their offsprings can enjoy their inheritance.