This comes directly from a 17-year old. I graduated from high school this year.
When I speak low of the school system, many “adults” dismiss my claims, saying I “haven’t tried hard enough” or “maybe the courses weren’t that challenging.”
Perhaps, but it goes far deeper than that, and I don’t dislike school because I am “afraid” of learning (most of my classmates just hate school to hate school); I like to [...]
by Charles Hugh Smith from Of Two Minds
That Which Is Unsustainable Will Go Away: Pensions
Publicly funded pensions and Medicare are two examples of unsustainable systems that will go away in the decade ahead. Today we look at pensions, tomorrow we examine Medicare.
One of the few things we know with certainty is that which is unsustainable will go away and be replaced by another more sustainable arrangement. Whether we like it or not, [...]
By Alexandra Petri
Sorry, Torch. Next time try naming your phone for a technology not from the Stone Age! (Andrew Harrer) BlackBerry missed the memo.
Can’t play Angry Birds on it? Kiss that smartphone goodbye.
Besides, BlackBerrys are hardly smartphones. They’re phones that were told they were smart until they got to college and discovered they were incapable of doing basic math. They’re small fish that once dominated the [...]
Today’s POMO pretty much tipped it off.
Any wonder why Bill Gross has suddenly disclosed that he has been wolfing down MBS securities hand over fist?
Hmmm, let’s do some basic math here.
Rasputin – Fri, Oct 15, 2010 – 04:02 PM
“On one hand, we see the Fed doing a VERY temporary, teeny, tiny “Reverse Repo” (Translation: Handing back the failed Pigmen gamblers a couple of their dead, toxic instruments, [...]
Most people who went into foreclosure never had a prayer of paying off their loans. Most Americans can’t do basic financial math. Check out this report on education in America:
It’s unreal. I’ve talked to lawyers and middle managers with bachelor’s or master’s degrees who can’t figure out an amortization schedule or what the total cost of interest paid is on a 30 year fixed loan. America is a dream [...]