Tag Archives: wealth redistribution

  None dare call it class warfare

What’s Good For The For-Profit Colleges Is Good For America

As Barbara Ehrenreich noted in Nickel and Dimed: On (Not) Getting By in America, it can cost a hell of a lot to be poor. From residential motels that charge by the week (but don’t require a deposit) to rent-to-own furniture stores and predatory used-car loans, there is a thriving segment of the market dedicated to charging poor people a premium for stuff that would otherwise not be available at all. In a terrific Village Voice article, Chris Parker takes us on a tour of the double-markup inner-city bodegas of education, the for-profit college industry. Both business models are adept at converting their customers’ government aid — food stamps for the bodega, subsidized student loans and GI Bill benefits for the colleges — into tidy private profits. But where the bodega is typically owned by recent immigrants living in the neighborhood, for-profit schools are hugely profitable enterprises owned by investment firms with a well-organized lobbying arm. (Korean grocers beware: Goldman Sachs probably has you in their sights next.) Read more on What’s Good For The For-Profit Colleges Is Good For America…
  secret communists

SARAH THE MARXIST: She takes the oil companies’ hard-earned money and “redistributes” it to shiftless Alaskans! “[W]e’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs,” she told the elite socialist rag The New Yorker. That means every Alaskan gets $3,269 a year from the State, just for living and breathing on that lost and frigid tundra, and that is also why she is America’s most popular governor. Because she is a Communist. [The New Yorker] Read more on …