“Our children are not apples, they are people.” Remember these words. You will hear them again if you watch the first video in this post.
If you think Obamacare was a mistake and a travesty, you will be doubly shocked if you take the time to watch these videos and learn about the Common Core Standards and how they are going to devastate the jobs of more than four million public school teachers, destroy public education in the United States and damage a lot of our children.
Obama’s Race to the Top and Common Core Standards mandate that every child in America must be 100% college ready by age 17/18, and if they aren’t, someone has to pay the price. Teachers will be fired by the thousands, public school closed and children will be devastated. In fact, it has already started in some states and cities.
Do you think that every child can be college ready by age 17/18? Before you answer that question, here are a few facts from the five countries that ranked highest in the international PISA test.
Shanghai-China: The National Interest.org says, “By 2020 the Chinese government expects, perhaps unrealistically, to have a total of 195 million college graduates in the labor force.” That’s 15% of China’s total population of 1.351 billion, and they have six years left to reach that goal.
Singapore: The total population is 5.3 million; 66.6% have high school diplomas, but only 47% have college degrees.
Hong Kong-China: the total population is 7.155 million and there’s room for twenty thousand college students annually. At that rate, it would take more than 355 years to send all those people to college.
Taiwan: Total population of 23.24 million; and 39% of that whole in 2009 had college educations.
The China Post.com says, “Taiwan’s high education population also stands lower than Canada’s 49 percent, the United States’ 41 percent and New Zealand’s 40 percent, while being higher than Germany’s 26 percent, Britain’s 37 percent, France’s 30 percent, Switzerland’s 35 percent, Norway’s 37 percent, and Sweden’s 33 percent.”
South Korea: 50 million; more than 60 percent of Koreans age 25 to 34 have college educations, but The Washington Post.com reports “Korean officials are alarmed that many graduates are not finding jobs (more than 40 percent in the past year).”
Remember this prediction? If President Obama’s Common Core standards are implemented across America as designed, he will go down in history as the most hated, worst and most dangerous president the United States has ever had.
What does Glenn Beck say?—and he’s too far right for my tastes but on this issue I agree with him for the first time.
_______________________
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran,
who taught in the public schools for thirty years (1975 – 2005).
His first novel was the award winning historical fiction My Splendid Concubine [3rd edition]. His second novel was the award winning thriller Running with the Enemy. His short story A Night at the “Well of Purity” was named a finalist of the 2007 Chicago Literary Awards. His wife is Anchee Min, the international, best-selling, award winning author of Red Azalea, a New York Times Notable Book of the Year (1992).
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
I’m sure you’ve heard for years—even decades—that the public schools are failing; that teachers are lazy, incompetent and their labor unions are responsible for this so-called failure.
The solution: fire the teachers, close the public schools and get rid of the labor unions. Then turn education over to private sector corporations run by CEOs who only answer to their wealthiest stock holders. For instance, Bill Gates, the Koch brothers, the Walton family, Eli Broad, Michael Bloomberg, Rupert Murdock and a flock of Hedge Fund billionaires.
Let’s see what you think after we go back to 1779 and walk through 235 years of history to the present. It won’t take long—a few facts and a conclusion.
We’ll start with Thomas Jefferson in 1779, because he thought the US should have two education systems: one for the wealthy and one for everyone else. As Jefferson said, we’ll “rake a few geniuses from the rubbish.”
The first public high school opened in Boston in 1820, and by the 1830s in the southern slave states laws were passed making it illegal to teach slaves to read.
In 1851, Massachusetts was the first state to pass a compulsory education law.
This video shows how the public schools started in the US, but the Prussian method of teaching kids shown in this video will change—watch 2nd video.
In 1870, 2% of the US population graduated from high school.
In 1896, the Southern States pass laws requiring racial segregation in the public schools. They can’t stop blacks and other minorities from attending public schools so they make sure these children attend separate schools and have less funding.
By 1900, the high school graduation rate reaches 6.4% and 6.2% of whites were illiterate compared to 44.5% of blacks and other minorities.
By 1918, all states have passed school attendance legislation, although until the 1930s, many were unsuccessful in enforcing their compulsory schooling laws. However, as the population increased, and as the demand for well-trained labor grew, the bureaucratic machinery for enforcement was created.
In 1938, for the first time, minimum ages of employment and hours of work for children are regulated by federal law.
By 1940, the graduation rate reaches 50.8% and only 2% of whites are illiterate compared to 11.5% of blacks and other minorities.
In 1945, at the end of World War 2, the G.I. Bill of Rights gives thousands of working class men college scholarships for the first time in U.S. history. In fact, I went to college on the Vietnam G.I. Bill.
By 1954, The Supreme Court unanimously agrees in Brown v. Board of Education of Topeka that segregated schools are “inherently unequal” and must be abolished. Forty years later, segregation is back and getting worse.
In 1955, Milton Friedman, the father of neo-liberal economics, envisions a school voucher system to slowly privatize public schools. His followers have never given up.
During the 1970s and 80s, public education evolves from the regimented Prussian model to focus on critical thinking and problem solving skills. But this will be reversed when President G. W. Bush enacts his “No Child Left Behind Act” and then under President Obama’s “Race to the Top” the process will speed up.
In 1979, 0.4% of whites are illiterate compared to 1.6% of blacks and other minorities.
After Ronald Reagan is elected president in 1980, his secretary of education William Bennett began an all-out war on teachers, teachers unions and public school districts. He calls democratically elected school boards and school districts “the blob”. Reagan also vetoed the Fairness Doctrine that for thirty-eight years required the media to offer the public an honest balanced reporting of important issues, and soon after the Fairness Doctrine was abolished conservative talk radio exploded across the country using cherry-picked facts to present biased opinions without balanced reporting.
In 1990, the high school dropout rate is 12 percent.
In 2007, 80.7% of Asians graduate from high school; 76.6% of Whites; 55.5% Hispanic/Latino; 53.7% of Black and 50.7% of American Indians.
In 2011, neoliberal President Obama with support from Bill Gates, Rupert Murdock (and other billionaires that include the Walton family and the Koch brothers) implement Common Core standards that leads to testing in 2014 that is designed to fail teachers and schools so the public schools may be legally labeled failures, closed, all teachers fired, and then corporations will take over teaching our children—taking all power away from parents and the democratic process, and these new private schools supported by the taxpayer will not be accountable to the people.
By 2011, the high school drop our rate has fallen to 7%—an improvement of 5% since 1990.
In 2012, for the first time in US history, a third of the nation’s 25 to 29 year olds have earned at least a bachelor’s degree, and by age 24, 90% of Americans have earned a high school degree or its equivalent.
In the fall of 2013, a record 21.8 million students were expected to attend American colleges and universities, an increase of about 6.5 million since fall of 2000.
But even with all this success, in recent years, the Walton family has spent more than $1 billion toward efforts to “infuse competitive pressure into America’s K-12 education system.” Never mind that this money is mostly in states where no Walton family members live or have children in school. In addition, The Wall Street Journal reported that Bill Gates has spent $5 billion in his attempt to destroy public education with the same goal—the Walton’s and the other billionaires have—to fire public school teachers and close public schools.
In conclusion, the Common Core standards teach students what to think, not how to think. The Common Core is a return to the Prussian method of teaching children (see the 1st video) and there will be a double standard in education. There will be the underfunded public schools that end up teaching the most difficult, at risk children, as Jefferson said, “the rubbish”, and the private sector corporate schools will take students who are all on their way to college.
The billionaires listed in the first paragraph are pushing hard to achieve Jefferson’s vision. For instance, Bill Gates has spent billions selling the lie of Common Core testing to Americans while other billionaires are pushing hard to close the transparent, democratically run public schools that are accountable to everyone and replace them with an elite, opaque private schools system that doesn’t answer to anyone but a CEO—all paid for by taxpayers.
Answer this question: Now that you know the brief but successful history of public education and the threats against it, tell me how the public schools are failing and prove it with more than an opinion.
_______________________
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran,
who taught in the public schools for thirty years (1975 – 2005).
His third book is Crazy is Normal, a classroom exposé, a memoir. “Lofthouse presents us with grungy classrooms, kids who don’t want to be in school, and the consequences of growing up in a hardscrabble world. While some parents support his efforts, many sabotage them—and isolated administrators make the work of Lofthouse and his peers even more difficult.” – Bruce Reeves
Lofthouse’s first novel was the award winning historical fiction My Splendid Concubine [3rd edition]. His second novel was the award winning thriller Running with the Enemy. His short story A Night at the “Well of Purity” was named a finalist of the 2007 Chicago Literary Awards. His wife is Anchee Min, the international, best-selling, award winning author of Red Azalea, a New York Times Notable Book of the Year (1992).
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
Friday night our daughter came home from Stanford for the start of the spring break, and we ended up talking about what’s going on in the war between the Fake Ed Reformers and public education.
During our talk, it was obvious that someone or more than one person at Stanford got to her with the fake reformers message that incompetent teachers are the reason kids are not succeeding in school.
After sleeping on our conversation, I sent this e-mail to her.
There have been reputable, unbiased long term studies that have examined the impact an individual teacher has on a child’s education. These studies prove without a doubt that the fake reformers—and that list includes Bill Gates—is wrong to burden teachers with 100% of the responsibility and blame for the fake reformer manufactured crises.
Bill Gates and the other Fake Ed Reformers are ignoring these studies when they blame and punish all four million+ teachers with their Draconian theories and junk science.
For instance, in 1966, there was a groundbreaking government study—the Coleman Report—that identified that the schools were only responsible for ‘one-third’ of a child’s achievement in school. “Two-thirds” came from outside factors—mostly the home environment and parental influence. The Coleman Report is still—today—the definitive study that explains variable factors that influence a child’s education.
Added Note not in the e-mail: Some of the studies done as part of a re-analysis of Coleman’s data at Harvard reached similar conclusions, suggesting that the best way to improve academic achievement was neither to integrate students nor to offer compensatory programs but, rather, to raise overall family income. … This conclusion became more and more established over time, but policies at the state and federal level nonetheless continued to focus primarily on narrow school-based reforms. (NYSEDgov)
Scroll down to page five, Figure 1: How Much Variance in Student Test Score Gains is Due to Variation Among Teachers?
Haertel says, “Teachers appear to be the most critical within-school influence on student learning, but out-of-school factors have been shown to matter even more. One recent study put the influence of out of school factors at 60% of the variance in student test scores, and the influence of teachers at around 9%.”
I went on: Let’s take that one pull quote of Haertel’s Stanford study and factor in the influence of a single teacher in a child’s education K – 12. It is arguable that a child will have as many as 50 or more teachers in those thirteen years. If we were to divide that 9% up among 50 teachers, that means—on average—each teacher’s influence on the results of a child’s education is 0.18%.
If two of those teachers were incompetent, they are responsible for 0.36%. However, the parents of the average child are responsible for two-thirds or 60% of the influence on a child’s education.
Yet, the Fake Ed Reformers—including Bill Gates—are putting all the responsibility of a child’s education on teachers and punishing every teacher and child with their Draconian methods of reforming education in the United states while ignoring all other factors.
If we were to compute the odds that Bill Gates and his billionaire allies are right and all of those studies for decades are wrong, the odds would be less than 1% that they are right and more than 99% that they are wrong. Are you willing to gamble with those odds?
And Bill Gates has spent about $2.3 Billion dollars promoting his agenda for the Common Core and the testing regime that will benefit Apple Computers and Pearson Publishing, for instance, with billions in profits. How is Bill Gates doing this: by spreading his money from the Gates Foundation far and wide to buy as much political support as possible—even corrupting the presidents of the teacher unions, Congress and the White House. One of the Hedge Fund billionaires even bribed PBS with $3.6 million to produce a report that was favorable to the fake reformers. When that news broke, PBS gave the money back to this Hedge Fund billionaire, but the report had already aired so it was too late to undo the damage to the public’s perception of this issue.
And the Fake Ed Reformers have been blaming teachers for so-called failures in public education (with no valid study to prove this crisis actually exists) for more than thirty years spending billions on PR and false ads. The Walton family started back in the 1970s with the voucher movement, and the Waltons have never stopped their bombardment of public education. They will do anything; say anything to achieve their agenda to privatize education in the United States taking it out of the hands of parents and the 13,600 democratically elected school boards that run the public schools.
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran,
who taught in the public schools for thirty years (1975 – 2005).
His third book is Crazy is Normal, a classroom exposé, a memoir. “Lofthouse presents us with grungy classrooms, kids who don’t want to be in school, and the consequences of growing up in a hardscrabble world. While some parents support his efforts, many sabotage them—and isolated administrators make the work of Lofthouse and his peers even more difficult.” – Bruce Reeves
Lofthouse’s first novel was the award winning historical fiction My Splendid Concubine [3rd edition]. His second novel was the award winning thriller Running with the Enemy. His short story A Night at the “Well of Purity” was named a finalist of the 2007 Chicago Literary Awards. His wife is Anchee Min, the international, best-selling, award winning author of Red Azalea, a New York Times Notable Book of the Year (1992).
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
Rise Above the Mark is a documentary that focuses on the damage being caused by the “corporate takeover” of America’s public schools.
The purpose of Rise Above the Mark, narrated by Peter Coyote, is to educate the general public about the “corporate takeover” of Indiana public schools and what parents, community members and educators can do to protect their local public schools. Legislators are calling the shots and putting public schools in an ever-shrinking box. WLCSC Board of School Trustees and Superintendent of Schools, Rocky Killion, want to secure resources and legislative relief necessary to achieve the school district’s mission of creating a world-class educational system for all children. The school district’s strategic plan will introduce a model of education that puts decision making back into the hands of local communities and public school teachers, rather than leaving it in the hands of legislators and ultimately lining the pockets of corporations. (http://riseabovethemark.com/about)
Who do you want in charge of how America changes its schools?
President Obama (D)
President G. W. Bush (R)
Bill Gates (billionaire)
Andrew Cuomo (D)
Chris Christie (R)
The Koch brothers (billionaires)
The Walton Family (the wealthiest family on the planet)
Michael Bloomberg (billionaire)
Eli Broad (billionaire)
Rupert Murdock (billionaire)
Hedge Fund CEOs on Wall Street
The Republican Party
The Democratic Party
Or public school teachers (more than four million working for democratically elected school boards in 13,600 public school districts in America) teaching more than 50 million children. A third of public school teachers are registered republicans, half are registered Democrats and the rest are registered as independent voters. And if you’ve heard bad things about the two major teacher unions, consider this: AFT and NEA are both democratic organizations with elected representative and leaders at the local, state and national levels. The millions who belong to these two labor unions are all college educated middle class Americans. You won’t find many politicians or billionaires teaching our children as a career.
Make a choice, because if you do nothing, someone else will choose for you.
_______________________
Lloyd Lofthouseis a former U.S. Marine and Vietnam Veteran,
who taught in the public schools for thirty years (1975 – 2005).
His first novel was the award winning historical fiction My Splendid Concubine [3rd edition]. His second novel was the award winning thriller Running with the Enemy. His short story A Night at the “Well of Purity” was named a finalist of the 2007 Chicago Literary Awards. His wife is Anchee Min, the international, best-selling, award winning author of Red Azalea, a New York Times Notable Book of the Year (1992).
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
The Robber Barons of Public Education and the Wolves of Sesame Street are launching a major voucher battle in Congress through Lamar Alexander (R) of Tennessee; Luke Messier (R) of Indiana and Tim Scott (R) of South Carolina. If these bills are successful in the US Congress, 63 percent of federal education funds would flow into private schools owned/supported by corporate CEO’s like the Walton Family, Bill Gates, Rupert Murdock and a few other billionaires.
The titles of the bills (wolves wearing sheep skin) disguise their real purposes: For instance, the Scholarship for Kids Act and the CHOICE Act.
Yes! Magazine, A UTNE Media Awards 2013 Winner, recently ran an expose, The Myth Behind Public School Failure, revealing the almost fifty-year plot that started with President Reagan’s policies that kicked off a privately funded, public relations campaign that would be the envy of dictators like Hitler, Stalin and Mao Zedong—to demonize public education; scapegoat teachers and destroy the teachers unions (the one collective voice representing more than four million teachers that has the money to fight back)—the primary goal has nothing to do with teaching our kids. It has everything to do with turning over America’s democratically run public schools; our government and tax payer money to corporations whose only interest is profit and power.
Make no mistake, ever since President Reagan, there has been a systemic campaign in the United States funded by a handful of billionaires and corporations to privatize as much of our government as possible until what’s left is a puppet Congress and President—if successful, the Constitution and Bill of Rights would be worth less than used toilet paper.
Contact your local Congressmen and State Senators through USA.gov and demand that they vote no on these bills. E-mail them, call them, or send snail-mail letters.
Do you really want someone like Bill Gates, Rupert Murdock, the Koch brothers, Hedge fund managers on Wall Street, or the Walton family in charge of your child’s education where parents have no say?
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran.
His latest novel is the award winning Running with the Enemy. Blamed for a crime he did not commit while serving in Vietnam, his country considers him a traitor. Ethan Card is a loyal U.S. Marine desperate to prove his innocence or he will never go home again.
And the woman he loves and wants to save was trained to kill Americans.
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
Conservatives are the loudest critics of public education, so let’s see if their governance lives up to their claims by looking at the ten best and worst public schools by state.
Education Week issues annual state report cards based on six areas of educational policy and performance on a 100 point scale. The score for the final grade will be in parenthesis behind each state. (edweek.org)
The ten states with the worst public schools:
Nevada (65.7), New Mexico (66.6), Mississippi (68.9), Louisiana (69.9), Arizona (70.2), West Virginia (71.6), Arkansas (71.8), Alabama (72), Oklahoma (72.2), California (72.4), and South Carolina (72.6).
Six of the states with the worst public schools are controlled by the Republican Party (GOP):
Two—West Virginia and California—were controlled by Democrats.
Political control of New Mexico is split between a GOP governor and the Democratic controlled State Senate (28D – 14R) and House (37D – 33R).
Arkansas has a Democratic governor while the State Senate (21R – 14D) and the House (51R – 48D) is controlled by the GOP.
Next, the 10 states with the best public schools:
Massachusetts (91.4), New Jersey (88.2), New Hampshire (88), Connecticut (87.5), Minnesota (87.3), North Dakota (86.9), Vermont (86.4), Maryland (85.9), Virginia (84.8), and Iowa (84.2).
Virginia’s governor and lieutenant governor are Democrats, the state Senate is split evenly and the state House is controlled by more than 2 to 1 by Republicans.
In New Hampshire, the state Senate is controlled by the GOP by a slim margin (13 R to 11D) but the governor is a Democrat and the state House is controlled by the Democrats by a (221D [55%] to 179R [45%])
New Jersey has a GOP governor, Chris Christie (who’s a declared critic and enemy of public schools and is doing all he can to turn New Jersey’s successful public schools over to private sector profiteers and robber barons—the wolves of Sesame Street) but the Democrats control both the state Senate (24D to 15R) and General Assembly (24D to 16R). Note that four of the previous governors were Democrats and the state has voted for Democratic presidents for the last twenty-two years. Christi is a popular governor who won 60% of the vote in November 2013. The Democratic challenger had 38% of the vote.
Six of the best states for public education are controlled by the Democratic party: Massachusetts, New Hampshire, Connecticut, Minnesota, Vermont and Maryland.
Two states: North Dakota (clearly controlled by GOP for 119 of the last 125 years) and Iowa (where the Democrats have a slight majority in the State Senate—26D – 24R) is controlled by the GOP, but Iowa was controlled by the Democrats from 2006 to 2011 and the state went with Barack Obama in the last two presidential elections.
In conclusion, the GOP’s score is 6 of the worst state and 2 of the best, compared to Democrats with 6 of the best and 2 of the worst. This indicates that the GOP’s policies regarding public education earned a 25% Fail compared to a 75% C for the Democrats.
In addition—if you think this one issue isn’t enough—this isn’t the only comparison where the GOP’s political agendas seem to fail when compared to the Democrats.
In another post—Conservative Red versus Liberal Blue–a new way to see politics in America—published August 22, 2012, the GOP governed 15 of the 20 states with the most obesity; 8 of the top 10 states listed as the most racist; 7 of the 8 most politically corrupt states; 7 of the 10 most violent states; only 2 of the top 10 least violent states, and 2 of the 10 smartest states.
In fact, GOP presidents from Eisenhower (1953 – 1963) to G. W. Bush (2001 – 2008) added almost $11 Trillion to the national debt compared to $256.5 Billion for Democratic Presidents—not counting Obama because he’s still in office and inherited two wars from President G. W. Bush, and the biggest financial disaster and increase in unemployment since the Great Depression.
Knowing what you know now, who party do you trust to run the states and America and why?
_______________________
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran.
His latest novel is the award winning Running with the Enemy. Blamed for a crime he did not commit while serving in Vietnam, his country considers him a traitor. Ethan Card is a loyal U.S. Marine desperate to prove his innocence or he will never go home again.
And the woman he loves and wants to save was trained to kill Americans.
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
In a republic and/or democracy where eligible adults vote, the majority of voters decides who wins seats in Congress, and when elected—representing the people—Congress votes on bills/laws; the majority wins.
This is how it works in Congress. This is even how it works in the Electoral College during presidential elections—the presidential candidate who wins the majority of votes in the Electoral College becomes president. It doesn’t matter who wins the popular vote.
For instance, when President G. W. Bush was 1st elected, everyone didn’t vote for him. In the 2000 presidential election Bush had 271 electoral votes to Al Gore’s 266; more than 51 million Americans voted for Gore but their candidate lost and those voters had to live with President Bush for four years—the man they didn’t vote for.
Then in 2004, Bush won the White House a second time with 286 electoral votes to John Kerry’s 251; more than 59 million Americans voted for Kerry; they didn’t get the president they wanted.
That’s the way a democracy works, but that’s not what’s happening in the United States today when it comes to public school reform.
Teachers Union Exposed, an anti-teacher website, thinks it’s wrong that the two teacher unions should pay for lobbyists to represent the majority of their union members in Washington D.C. Their reason: a minority of teachers don’t agree with political activity of the two unions.
Teachers Union Exposed claims “Unions don’t reflect members’ politics. … Over the last 20 years, the American Federation of Teachers (AFT) has given more than $28 million in campaign contributions; the National Education Association (NEA) has given almost $31 million.”
Teachers Union Exposed (I wonder who is behind this Website) points out that looking at polling data from the 2003 National Education Study, only 51 percent of teachers who are also union members identify as Democrats. The rest identify as Republicans (25 percent) or Independents (24 percent)” … and the “Harris Interactive poll from 2003 showed that 83 percent of Republican teacher union members felt that the union was more liberal than they were.”
How many Republican teachers are there? The NEA has 3.2 million members and the AFT 1.5 million. Do the math and that means 970 thousand (20.6%) of the 4.7 million teachers felt the union was more liberal than they were.
Big deal! How many Americans felt that President G. W. Bush was more conservative than they were? The same question could be asked about President Obama: how many Americans feel that he isn’t as conservative as they are?
It’s an established fact that in a democracy elected leaders can’t please everyone. But what happens when someone who isn’t elected spends money to influence the government and elections?
I’m talking about corporate oligarchs. Throughout history, oligarchies have been tyrannical (relying on public obedience and/or oppression to exist) or relatively benign, and corporations are run by CEOs who are not democratically elected.
For instance, Diane Ravitch posted Researchers Reveal Funding Network for Washington Charter Law and exposed the undue influence of oligarchs in an election. Ravitch says, “a small number of very wealthy individuals and organizations bought a policy of their choosing. This subverts democracy. It subverts the principle of one man, one vote. These are not reformers. They are plutocrats who use their vast wealth to buy what they want.”
The Ravitch post is long but worth reading. To keep it short, the plutocrats Ravitch writes about spent more than $35 million on one campaign in Washington State to support a YES vote on proposition 1240 in 2012—legislation that would benefit private sector charter schools paid for by taxpayers. Voters in Washington state had defeated similar propositions three times in the past, but the oligarchs refused to give up.
For a comparison, the leaders of the democratically run teacher unions spent $59 million over twenty years representing the majority of their members—who elected them to run the unions—in Washington D.C. That breaks down to $2.95 million annually, but the oligarchs spent more than $35 million for one proposition in one state.
Therefore, why is it okay for these alleged tyrants to spend fortunes to influence and manipulate voters but if the democratically elected labor unions that represents millions of teachers do it with a lot less money, it’s wrong?
In fact, one of the oligarchs, Bill Gates, has spent about $200 million to turn public schools over to corporations—private sector schools the taxpayers support.
That means one day the13,600 public school districts in the United States with more than 90,000 school teaching over 50 million children run by democratically elected school boards might vanish and America’s children would be turned over to billionaire oligarchs who run/own corporations. To discover how much Gates and his billionaire oligarch partners stand to gain from privatization of the public schools, click Big data and schools: Education nirvana or privacy nightmare?
In her post Ravitch listed about 20 oligarchs who donated money directly—or through nonprofit foundations the oligarchs financially support—to insure proposition 1240 passed and it did by a slim margin of 50.69% to 49.31%.
Who do you really think represents the interests of most Americans and their children: 4.7 million teachers—willing to die to protect children—who elect their union leaders, or 20 (alleged tyrants) billionaire oligarchs—protected by private security?
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran.
His latest novel is the award winningRunning with the Enemy. Blamed for a crime he did not commit while serving in Vietnam, his country considers him a traitor. Ethan Card is a loyal U.S. Marine desperate to prove his innocence or he will never go home again.
And the woman he loves and wants to save was trained to kill Americans.
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
On her Blog, Diane Ravitch reports: “According to Duncan, our kids are dumb. Their parents spoil them. The kids don’t work hard enough. Furthermore, our culture stinks: No one takes education seriously, except Duncan, of course.”
How does Arne Duncan—with President Obama’s obvious support—want to fix this problem?
The answer: close the public schools and turn America’s children over to CEOs and corporations cutting parents out of the k – 12 education process. For instance, the Walton family of Wal-Mart infamy. Do you really want Wal-Mart teaching your kids?
Ravitch says Duncan was a basketball player, and we know that Obama loves this game. We now know that Duncan and President Obama have several things in common: For instance, they are both from Chicago (the University of Chicago was the birthplace of neo-conservatism in the United States and both Duncan and President Obama attended this university); President Obama is 52 and Duncan is 49; they both enjoy basketball and want to destroy America’s democratically run public school districts—all 13,600 of them (a goal of the neoconservative movement in the US: See Capitalizing on Disaster: Taking and Breaking Public Schools by Tara M. Stamm)
“President Obama chose Arne Duncan, who, previous to becoming CEO of the Chicago Public Schools, had little experience in education. Together they have promoted policies that are the antithesis of his campaign promises. Rather than supporting teachers as professionals, he has attacked teachers as the central problem, and along with Duncan, applauded the mass firing of teachers in Falls River, Rhode Island.” (Zezima, 2010, Buffalo State.edu, digital commons)
Arne Duncan should learn a few facts, and I volunteer to be his teacher. Send him to my house, and I will tutor him as only a former U.S. Marine can; I have a multiple-subject life credential and successfully taught in the public schools 1975 – 2005.
If Mr. Duncan accepts my offer, I won’t let him go home until he proves that he’s learned what I’ll teach him.
For instance, he will learn that the public schools have done and are still doing their job, and I will do this by mostly focusing on American adults 18 and over.
After all, more than 92% of Americans attend or attended public schools.
The U.S. Census reported that in 2010 there were 308,746,538 Americans and 234,565,071 were 18 and over. Eighteen is the legal age of an adult. For the rest of this post, I’ll use 234.6 million to represent all adults in the U.S.
Reading Worldwide.com says, “62% of all adults (145.452 million) in the United States own a public library ticket, no matter if they use it for borrowing poems, cookery books, or DVDs, consult legal references or use the public computer for filing online job applications. This figure was issued by the American Library Association (ALA) located in Chicago.”
Bookweb.org reported that approximately 62 million Americans are avid readers (age 18 and over). That’s 26% of adults.
In 2003, 29% of adults read at the basic prose level (68 million); 44% at an Intermediate prose level (103.2 million) and 13% at the proficient level (30.5 million).
Only 14% of American adults read below basic (32.8 million). If those numbers are similar to 2013, that means those adults are functionally illiterate, leaving 201.8 million adults reading at basic or higher.
If you think—like Arne Duncan and President Obama—that the majority of parents and public schools in the United States aren’t doing what they’re supposed to be doing (parenting and teaching), here are a few mind blowing facts:
There are more than 80,000 book publishers in the United States that generate revenues of $23.7 to $28.5 billion, and in 2001, for instance, consumers purchased 1.6 billion books—this does not count used book sales. In 2004, Americans bought 150 million old books. In addition, 90% of the 15,000 public libraries in the US spend more than $444 million on books annually (parapublishing.com).
In fact, 80% of Americans 16 and older say they read at least for pleasure; … [only] a fifth of Americans (18%) said they had not read a book in the past year (pew internet.org—the general reading habits of Americans).
Paid newspaper circulation for 1,387 newspapers in 2010 was about 43 – 45 million; (State of the Media.org); in 2012, there were 7,390 print magazines with a combined paid and verified average circulation per issue of more than 312.4 million subscribers (statista.com).
This means that the majority of adults had supportive parents when they were children and as children they learned what the public school teachers taught them.
Regardless of the parenting methods used, it’s obvious that a majority of American parents are doing a much better job of parenting than Mr. Duncan and President Obama think. But how do we discover who the parents and children are who are not succeeding and the reasons.
In a nationwide study of American kindergarten children, 36% of parents in the lowest-income quintile read to their children on a daily basis, compared with 62% of parents from the highest-income quintile (Coley, 2002).
Children from low-SES environments acquire language skills more slowly, exhibit delayed letter recognition and phonological awareness, and are at risk for reading difficulties (Aikens & Barbarin, 2008).
Students from low-SES schools entered high school 3.3 grade levels behind students from higher SES schools. In addition, students from the low-SES groups learned less over 4 years than children from higher SES groups, graduating 4.3 grade levels behind those of higher SES groups (Palardy, 2008).
In 2007, the high school dropout rate among persons 16- 24 years old was highest in low-income families (16.7%) as compared to high-income families (3.2%) [National Center for Education Statistics, 2008].
Children from lower SES households are about twice as likely as those from high-SES households to display learning-related behavior problems. A mother’s SES was also related to her child’s inattention, disinterest, and lack of cooperation in school (Morgan et al., 2009).
“Many factors were found to predict at-risk status that were independent of the student’s sex, race-ethnicity, and socioeconomic background.
Controlling for basic demographic characteristics, the following groups of students were found to be more likely to have poor basic skills in the eighth grade and to have dropped out between the 8th and the 10th grades:
Students from single-parent families,
students who were overage for their peer group, or students who had frequently changed schools;
eighth-grade students whose parents were not actively involved in the student’s school, students whose parents never talked to them about school-related matters, or students whose parents held low expectations for their child’s future educational attainment;
students who repeated an earlier grade, students who had histories of poor grades in mathematics and English, or students who did little homework;
eighth-graders who often came to school unprepared for classwork, students who frequently cut class, or students who were otherwise frequently tardy or absent from school;
eighth-graders who teachers thought were passive, frequently disruptive, inattentive, or students who teachers thought were underachievers; and students from urban schools or from schools with large minority populations.” (nces.ed.gov)
There’s an old Chinese Proverb that says, “Teachers open the door, but you (the student) must enter by yourself.”
Mr. Duncan, if you and/or President Obama don’t understand what this ancient Chinese proverb means maybe what we told our daughter when she was seven will help: “It doesn’t matter if your teachers are incompetent, boring or incredible and amazing, it’s your responsibility to learn”, and our daughter earned straight A’s in the public schools from 3rd to 12th grade graduating with a 4.65 GPA. She will earn her bachelor’s degree from Stanford June 14, 2014.
When she needed help, public school teachers were always available and she often took advantage of that help.
Mr. Duncan and President Obama are you wolves pretending to be sheep—are you closet neoconservatives with a goal to destroy public education in the United States? If the answer is yes, then teaching you the facts in this post will be a waste of time because you already have your agenda.
_______________________
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran.
His latest novel is the award winning Running with the Enemy. Blamed for a crime he did not commit while serving in Vietnam, his country considers him a traitor. Ethan Card is a loyal U.S. Marine desperate to prove his innocence or he will never go home again.
And the woman he loves and wants to save was trained to kill Americans.
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On December 4, 2013, a New York Times headline shouted: “Shanghai Students Again Top Global Test”, and once again, America’s vocal critics of the U.S. Public Schools called for more reform.
Not so fast. In fact, maybe not at all.
In China, the first nine years of education is compulsory starting before age 7. Primary school takes the first six of those nine years; then there’s middle school for grades 7, 8, and 9.
Fifteen is the age of students who take the international PISA test—and in China [so-called] compulsory education ends at the age of fifteen and students who decide to stay in school have a choice between a vocational or academic senior high school track. That’s where the choice ends because in China the senior high schools pick students based on merit.
To explain how this works, the CCP has acknowledged a “9-6-3 rule”. This means that nine of ten children began primary school between the ages of 6 and 7; six complete the first five years and three graduate from sixth grade with good performance.
By the time a student reaches senior high school—grades 10, 11, and 12—most enrollment is in the cities and not in rural China. Most rural Chinese don’t value education as much as urban Chinese do. And many of the migrant urban workers from rural China still have some family back in the village where they often leave their younger children. And many migrant workers, when they retire from factory work, return to the village and the family home.
The United States, by comparison, keeps most kids in school until the end of high school at age 17/18. About 75% graduate on time and another 15% earn their high school diploma or equivalent GED by age 24—all on an academic track because there is no vocational public schools k to 12 in the U.S.
In addition, in China there is the Zhongkao, the Senior High School Entrance Examination, held annually to distinguish the top students who then are admitted to the highest performing senior high schools. This means that if the highest rated high school in Shanghai has 1,000 openings for 10th graders, the students who earn the top 1,000 scores on the Zhongkao get in and then the second highest rated high school takes the next batch of kids until the lowest rated senior high school in Shanghai gets the kids with the bottom scores on the Zhongkao.
Maybe actual numbers will help clarify what this means:
In 2010, 121 million children attended China’s primary schools with 78.4 million in junior and senior secondary schools. The total is 199.4 million kids.
According to World Education News & Reviews: “In 2010, senior high schools [in China] accommodated 46.8 million students (23.4% of the 199.5 million). But about 52 percent or only 40.8 million were enrolled in general senior high school, and 48 percent of those students were attending vocational senior high schools.”
That leaves 21.2 million enrolled in the senior high school academic track designed to prep kids for college—that’s 10.6% of the total. Then consider that Shanghai’s public schools are considered the best in China. This means that the fifteen-year-old students who take the international PISA in China are the elite of the elite attending China’s best public schools.
For a fair comparison—not what we’ll hear from the critics of public education in the United States—the Economic Policy Institute reports: “The U.S. administration of the most recent international (PISA) test resulted in students from the most disadvantaged schools being over-represented in the overall U.S. test-taker sample. This error further depressed the reported average U.S. test score. … But U.S. students from advantaged social class backgrounds perform better relative to their social class peers in the top-scoring countries [Canada, Finland, South Korea, France, Germany and the U.K.]” and “U.S. students from disadvantaged social class backgrounds perform better relative to their social class peers in the three similar post-industrial countries.”
In fact, “U.S. students from advantaged social class backgrounds perform better relative to their social class peers in the top-scoring countries of Finland and Canada. … and—on average—for almost every social class group, U.S. students do relatively better in reading than in math, compared to students in both the top-scoring and the similar post-industrial countries.”
_______________________
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran,
who taught in the public schools for thirty years (1975 – 2005).
His third book is Crazy is Normal, a classroom exposé, a memoir. “Lofthouse presents us with grungy classrooms, kids who don’t want to be in school, and the consequences of growing up in a hardscrabble world. While some parents support his efforts, many sabotage them—and isolated administrators make the work of Lofthouse and his peers even more difficult.” – Bruce Reeves
Lofthouse’s first novel was the award winning historical fiction My Splendid Concubine [3rd edition]. His second novel was the award winning thriller Running with the Enemy. His short story A Night at the “Well of Purity” was named a finalist of the 2007 Chicago Literary Awards. His wife is Anchee Min, the international, best-selling, award winning author of Red Azalea, a New York Times Notable Book of the Year (1992).
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
Rolling Stone reported that all across America, Wall Street is grabbing money meant for public workers. The legal theft of public pensions started in Road Island in 2011 as a test case. “In state after state, politicians are following the Rhode Island playbook, using scare tactics and lavishly funded PR campaigns to cast teachers, firefighters and cops – not bankers – as the budget-devouring boogeymen responsible for the mounting fiscal problems of America’s states and cities.”
Fortune Magazine in addition to In These Times, and KQED also reported on this legalized fraud being supported by corrupt elected representatives from the state level all the way to the White House.
In fact, during my full-time university days on the GI Bill [1968 – 1973] before I graduated with a BA in journalism, I learned how easy it was for the media to make mistakes—sometimes deliberately—while practicing what is known as Yellow/Hate journalism to boost profits.
And Yellow/Hate Journalism [based upon sensationalism and crude exaggerations] is what the Associated Press [AP] did when it ran Public retirement ages come under greater scrutiny by Don Thompson on December 14, 2011.
For instance, how would you feel if you read, “Patrick Godwin spends his retirement days running a horse farm east of Sacramento, Calif. with his daughter? His departure from the workaday world [he worked thirty-six years in public education and was the superintendent of one of California’s 1,600 school districts] is likely to be long and relatively free of financial concerns, after he retired last July at age 59 with a pension paying $174,308 a year for the rest of his life.”
That previous quote was in the second paragraph of Thompson’s AP news piece, and it is extremely misleading because of what it doesn’t say.
What the AP piece doesn’t tell us is that in 2010 the average member-only benefit for retired public school educators in California was $4,256 a month before taxes [less than a third of what Godwin earned in retirement] and that is only 16% of educators that retired in 2010 who worked as long as Patrick Godwin did. The median years of service was 26.6, and if you were one of the educators that retired after 26.6 years of public service [the median] and was only 55 years old [the earliest you may retire], using the CalSTRS retirement calculator, that person earned about $2,130 a month before taxes—much less than the $14,525.66 that Godwin earns each month.
I calculated once that if a public school teacher in California taught for 42 years or more, his annual retirement income would equal what he earned the last year he worked.
But—and this is a very large BUT that we never hear about—in public education, less than 4% retire with full pay. In fact, 9% retired in 2010 with 10-15 years of service in public education, 11% with 14-20 years, 15% with 20-25 years, 12% with 25-30 years, 23% with 30-35 years, and 16% with 35-40 years. — CalSTRS
The reason why AP ran with Patrick Godwin’s retirement income as an example is called sensationalism designed to cause an emotional response (hate) so people who don’t know all the facts will talk about it. Word of mouth attracts readers and an audience and that stirs the hate.
In addition, Godwin was a school district superintendent at the top of the public education pay scale, which represents about 0.2% of the total number of retired educators in California. That means 99.8% of public educators in California do not earn as much as Godwin did in retirement.
The result is that many readers might be fooled to think that most public educators in California will retire with Patrick Godwin’s annual retirement income. However, that is far from the truth since most will not come close, but Thompson’s biased and misleading piece didn’t say that
The reason AP distorted the facts about teacher retirement plans as much as they did is because of audience share, which determines how much a media source [TV, newspapers, hate talk shows, magazines, Blogs, etc] may charge to advertisers, and balancing the news and telling the truth often does not achieve this goal, because profits are the foundation of the private sector media.
It’s a simple formula: if you don’t make a profit you go out of business and everyone working for you loses his or her job so almost everyone plays the same Yellow/Hate Journalism game, and then there is the politics of money.
To understand why Thompson wrote such a misleading news piece, it helps to understand the trend away from private-sector pensions that were once similar to current public sector-pensions and the answers are in the numbers.
Due to the politics of money, beginning early in the 1980s, during the Reagan era, there was a rapid shift away from private sector employer-based defined benefit pension plans to employee-controlled personal retirement accounts.
teacher pensions explained
Under President Reagan [1981 – 1989] this trend in the private sector was helped along by the Republican Party that controlled the Senate from 1981 to 1987 giving President Reagan the leverage he needed to shift private sector pension money to the stock market and other risky investments—another part of the Reagan plan besides adding two trillion dollars to the national debt by cutting taxes on the wealthy; raising them on the working class by cutting deductions and spending more.
And since 1982 and Ronald Reagan’s infamous trickle down economic reform, profit expectations of American corporations have skyrocketed, and right behind have been the costs of health care, the cost of housing, the cost of military programs, the cost of banking, and the cost of many other products and services.” – The Agonist
In 1980, approximately 92 percent of private retirement saving contributions went to employer-based plans; 64 percent of these contributions were to defined benefit pension plans [similar to the public pension plans of today].
Then by 1999, [thanks to President Reagan and the Republican majority in the Senate while he was president] about 88 percent of private sector contributions were switched to defined contribution plans, the vast majority of personal retirement accounts being set up as 401(k)s and Individual Retirement Accounts (IRA), and that ended in disaster.
I suggest your either Google the failure of 401 (K) or read what PBS.org said, “Most people don’t know that the 401(k) products are toxic and their behavior toward a 401(k) product is toxic because no one has been responsible for providing a safe product.
“The Congress has not put itself [out] as a responsible actor. Employers were told, “It’s up to your employees to choose,” and the banking industry and the mutual fund industry said, “Trust us.”
If you are a regular fan of hate media and trust no other source, you will probably dismiss anything from PBS. But what about CNBC.com, Forbes.com, NBC News.com, USA Today, or even the Los Angeles Times. Will you trust one of those sources over your favorite hate radio show? If not, then I suggest you read this from Mother Jones.com to discover who is behind the lies designed to fool and why.
Back to the public sector retirement plans that did not follow the risky 401 (k) path to retirement. The Public Sector stayed with employer-based defined benefit pension plans such as the one I have through CalSTRS.
It helps that the union membership rate for public sector workers is 36.2 percent and that is substantially higher than the rate for private sector workers at 6.9 percent.
Discover how California is fixing its public pensions
To understand the numbers better and why the media focuses its Yellow/Hate Journalism circus act to attract the biggest hating mob, in November 2011, the Bureau of Labor Statistics reported that there were 20.4 million public sector employees [2 million work for the federal government—the rest work for the states or local county or city governments] and about 128 million private sector employees.
If you published a newspaper, a magazine, ran a TV news network, hosted a conservative talk show, or wrote a popular conservative Blog, which audience would you focus on to boost advertising rates? As I said, it’s all in the numbers
A, 20.4 million B. 128 million
Another example of how misleading Don Thompson’s AP piece, Public retirement ages come under greater scrutiny, was: “With Americans increasingly likely to live well into their 80s, critics question whether paying lifetime pensions to retirees from age 55 or 60 is financially sustainable. An Associated Press survey earlier this year found the 50 states have a combined $690 billion in unfunded pension liabilities and $418 billion in retiree health care obligations.”
What Thompson also doesn’t mention in his AP piece is that some states managed their pension funds better than others did.
A March 2011 report on the Best and Worst State Funded Pensions by Adam Corey Ross of The Fiscal Times offers a more balanced picture. Ross wrote, “State pension programs across the country have undergone a major transformation, as more and more of them are cutting back the amount of money they set aside for retired workers, gambling that they can meet their obligations through investments instead of savings …”
In fact, Ross lists the best fully-funded state pensions that existed then, which were: New York, Wisconsin, Delaware, North Carolina, Washington, South Dakota, Tennessee, Wyoming, Florida and Georgia. He also lists the worst state pensions where the gamble did not pay off. However, with Governor Scott Walker in Wisconsin and Cuomo of New York, the public pension plans for those two states are probably doomed along with the public unions in those states if the voters don’t get rid of them in the next election.
California fell between the two lists, but thanks to recent legislations plans to fill the funding gap in a more sensible way. In addition, nowhere does Ross or Thompson mention that California has two state pension plans—CalPERS and CalSTRS.
As Public Pensions Shift to Risky Wall Street, Local Politicians Rake in Political Cash
The California State Teachers’ Retirement System [CalSTRS], with a portfolio valued at $189.1 billion as of June 30, 2014, is the largest teacher pension fund and second largest public pension fund in the United States. In addition, CalSTRS makes it clear that “it’s important to understand that the risk of facing depleted assets exists approximately 30 years from now versus actually facing insolvency today.”
Due to losses from investments during the 2008 global financial crises, the CalSTRS retirement “fund took an enormous hit to its stock portfolio when the market plunged during the heart of the recession, losing nearly $43 billion—roughly 25 percent of its value—from June 2008 to June 2009.”
However, in June 2014, California’s Governor Brown signed Assembly Bill 1469 to stabilize CalSTRS funding in an effort to bridge the nearly $74 billion funding gap that would keep the fund solvent beyond 30 years. Teachers’ Retirement Board Chair Harry Keiley said, “Educators in California do not receive Social Security for their CalSTRS-covered employment and the benefit they earn from years in the classroom serves as the cornerstone of their retirement income. Today’s actions further strengthen the Governor and Legislature’s commitment to uphold the state’s promise of a secure retirement to teachers.”
The vote in the State Senate was 37 – 0, and in the Assembly was 76 – 1. – legislature.ca.gov
Critics of public pension plans like CalSTRS will claim that the cost of these plans are bankrupting states, but that is false—in fact it is a damn lie. For instance, the current annual budget of California is about $156 billion. The state’s annual contribution to the CalSTRS pension plan is usually about $1.4 billion or 0.89% of the total state budget. With the 30-year plan from AB 1469 to stabilize the funding gap to uphold the state’s promise of a secure retirement to teachers, the state will be paying $1.9 billion annually to CalSTRS (instead of $1.4 billion) or 1.12% of the total annual state budget of California. – ebudget.ca.gov
It’s a fact that misery loves company and when the accountants, carpenters, clerks, plumbers, reporters, salesmen, and secretaries, and many other professions in the private sector, read the Yellow/Hate Journalism in Don Thompson’s AP piece, Public retirement ages come under greater scrutiny, many of these people in the private sector will say, “It isn’t fair. If we have to work longer and suffer, so do they.” In fact, that is already happening. Due to pressure from the private sector, this has led to: “Earlier in New Jersey, part of a legislative deal struck between Democrats and Republicans raised the normal retirement age from 62 to 65,” Thompson wrote.
Is Your Pension Safe? States Struggle With Pricey Challenges
On the other hand, when given a choice, many private sector employees do not save toward retirement other than Social Security. Many do not put money into 401 (k) plans or pay into tax deductible IRAs. Many that own homes take out equity loans to finance vacations, purchase new cars, pay off credit card debts, or go on spending sprees.
The result is that the average family in America cannot afford to retire as early as many public employees that paid into employer-based defined benefit pensions.
For example, total U.S. consumer debt was $2.43 trillion as of May 2011. Average credit card debt per household was $15,799. Average total debt in 2009 (including credit cards, mortgage, home equity, student loans and more) of U.S. households was $54,000. Source: Credit Card.com
As for me, instead of paying into Social Security while I taught, I paid 8% of my gross monthly pay for thirty years into CalSTRS, and the school district where I taught contributed a matching amount of about 8%. That means if I get any Social Security from the jobs I had outside of teaching, it isn’t going to be much.
In fact, to force public educators in California to work more years may cost more than it will save.
When I retired, the school district stopped paying me and saved the tax payers money since most teachers that retire after teaching 30 years or more are replaced by younger teachers that are paid much less.
Keeping older, higher paid teachers working longer will only cost the taxpayer more in the long run since those same teachers that are working longer will end up with a larger monthly pension check since the longer a teacher spends in the classroom, the larger the pension.
I’m impressed when a reporter does their job properly and balances the news instead of feeding the mob that bellies up to the slop-trough of Yellow Journalism, which is based on sensationalism and crude exaggerations.
In his piece, Hall wrote, “From state legislatures to Congress to tea party rallies, a vocal backlash is rising against what are perceived as too-generous retirement benefits for state and local government workers. However, that widespread perception doesn’t match reality.”
According the Hall, “Pension contributions from state and local employers aren’t blowing up budgets.” They amount to just 2.9 – 3.8 percent of state spending, on average.
In addition, Hall says, “Nor are state and local government pension funds broke. They’re underfunded …”
With those facts, we should ask what the real reason is why the far-right hate groups are turning on public-worker sector pension plans.
The answer may be Wall Street, Hedge Funds and US bank private-sector greed, the same risk-taking greed with someone else’s money that caused the 2007-08 global financial crises.
According The Council on State Governments, in 2006 before the crash, the total amount of money held by these federal, state and local public-pension plans was almost $6 trillion dollars, and greed—it seems—has no limits.
If you do not believe me, ask people such as Bernard Madoff [who robbed his victims of $50 billion], Scott Rothstein [$1.2 billion], Tom Peters [$3.7 billion], Allen Stanford [$8 billion], March Dreier [$400 million], Lou Pearlman [$500 million], Michael Kelly [$428 million], the Greater Ministries International Church [$500 million], Scientology minister Reed Slatkin [more than $600 million], and Nicholas Cosmo [$370 million].
Milton Friedman, the Nobel Prize winning economist, who said greed was good when he came up with the theory of trickle down economics, must be dancing in hell.
_______________________
Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran,
who taught in the public schools for thirty years (1975 – 2005).
Lofthouse’s first novel was the award winning historical fiction My Splendid Concubine [3rd edition]. His second novel was the award winning thriller Running with the Enemy. His short story A Night at the “Well of Purity” was named a finalist of the 2007 Chicago Literary Awards. His wife is Anchee Min, the international, best-selling, award winning author of Red Azalea, a New York Times Notable Book of the Year (1992).
To follow this Blog via E-mail see upper right-hand column and click on “Sign me up!”
Crazy Normal - the Classroom Exposé 