Well This Is Not Working Right

October 27, 2013

The unintended consequence of central planners … As it goes with most liberal government programs.

CBS: More People Are Signing Up for Medicaid than Obamacare in Most States

And the wrong people are signing up … Those that cannot pay.

Healthy young people must pay the fright or the system will collapse.


Generation Screwed

October 4, 2013

Youth unemployment around the world is dreadfully high and rising. An entire generation is now coming of age without being able to leave the nest or have any prospect of earning a decent wage in their home country.

Young people in particular get the sharp end of the stick – they’re the last to be hired, the first to be fired,

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Getting Ready …

September 23, 2013
Because they can’t speak English, businesses will accept low salary workers …:::

How about our new AMNESTY citizens, they know basic math??? And then we shutter the Education Department, save the money.
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Photo Album From The “Main Streets” Of A Dead City

July 20, 2013

_Detroit1

A vacant and blighted home, covered with red spray paint, sits alone in an east side neighborhood once full of homes in Detroit, Michigan January 27, 2013. The story of Detroit’s decline is decades old: Its tax revenue and population have shrunk and labor costs have remained out of whack. Picture taken January 27, 2013.

Congress: “Is it fair to say that Wall Street has benefited more [from QE] than Main Street has?”

Bernanke: “I don’t think so… I want to emphasize that we’re very focused on Main Street… Our low interest rates have created a lot of ability to buy automobiles…”

As if buying cars, an economy doesn’t make …

State Judge Nixes Detroit’s Bankruptcy Bid…

Criticizes filing for ‘not honoring the president’…

100,000 creditors…

Will Not Sell Howdy Doody… 

‘Nothing works here’…

Suburb Considers Erecting 12-Foot Wall…


ARE TODAY’S GRADUATES UNEMPLOYABLE?

December 17, 2012

As American education goes the way of the paper or plastic weenies, is there any wonder.

Tanya Ashreena posting that first appeared on CNBC.com:

Employers are struggling to fill entry-level vacancies, despite the fact that there are 75 million unemployed young people worldwide, Diana Farrell, Director and Co-founder at the McKinsey Center for Government told CNBC.

A new survey conducted by the group says employers struggle with a lack of skills among graduates of academic and vocational courses, particularly for medium and high-skilled jobs, such as teaching and medicine.

“The gap is tremendous. It’s a real tragedy,” Farrell said.

The shortage of workers in skilled jobs could reach 85 million by 2020, according to McKinsey report. The company defines youth as individuals between 15 and 29 years old.

The survey revealed that just 42 percent of employers believed young people were adequately skilled.

Farrell said the education to employment system was not working properly and the mismatch between education providers and industry requirements was rendering young people unemployable.

The McKinsey study conducted among 8,000 participants in nine countries revealed half of young people are not sure their post-secondary education improved their chances of finding a job, with the U.K. at a low of 40 percent and Saudi Arabia at 60 percent, though local Saudi graduates are guaranteed a public sector job in the country.

“This is quite low considering how much money is spent on education,” Farrell said.

She said the most successful were those employers who spent time with young people before they finished school, with some kind of on-the-job training or exposure to the kind of work they do.

Me, I new what I wanted to do, ever since I electrocuted my first frog that hopped on my model railroad track. Fried him good …


Nobody Told US

October 18, 2012

Sir is that your mouth running down the street?

When your teeth ratle this much you know they are going to …


‘WAKE UP YOUNG PEOPLE!’: CNBC’S SANTELLI DELIVERS STERN WARNING TO THOSE 27 AND UNDER

May 9, 2012

Rick Santelli, the man commonly credited with starting the Tea Party movement, took time during CNBC’s “Santelli Exchange” to discuss his thoughts on the U.S. national debt, student loans, and the implications of the recent Greek and French elections.

“Sometimes the math just doesn’t add up,” Santelli said, “But even more than the math, the lesson from Europe and the elections this weekend is simple: nobody is going to volunteer for austerity.”

“Austerity,” of course, refers to the method of dealing with massive amounts of debt through harsh budget cuts and major slashes in public spending; it’s dealing with “past due bills,” as Santelli puts it.

“In this country, the minute you’re born, according to the debt clock, you have about a $50,000 dollar debt — the minute you’re born,” Santelli continued.

“Now that’s per individual…if you’re a taxpayer, it’s closer to $138,000 per head. Now let’s look at what everybody wants to talk about,” Santelli said while circling the word “growth” on his dry erase board.

“Growth…is definitely something that’s in the windshield while austerity is in the rearview mirror.”

“The jobs outlook in the U.S. isn’t very good,” Santelli said, “And it’s really about young people. Look at the unemployment rate among the young and you realize jobs are really most important to them. Why? Because young people, and as a voting bloc, all of you people out there — about 27 or younger — I just want you to understand they lay of the land: your generation, and the generations to follow you that aren’t born yet, are paying for a meal that previous generations like mine have eaten. We’re sending you the check.”

“But, in order to send you the check, we have to make you a bit optimistic about the future and I find that rather difficult…when you have these numbers on your head,” the CNBC analyst said while circling the aforementioned $50,000 dollars of automatic debt everyone is born with, according to the debt clock.

Santelli went on to explain that the only way to keep younger generations optimistic in the face of rising healthcare and education costs (on top of the automatic debt) is to “reel” them into the political “ponzi scheme” of trying to pay for all the austerity of the past.

But how do you “reel in” the younger generations? Simple: promise to “take care of them” with things like student loan forgiveness so that, in return, they’ll agree to subsidize, well, pretty much everything with the capital they generate.

“Wake up young people! It’s on your shoulders and you’re a big voting bloc. You can make change,” Santelli concluded.


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