Thursday, November 20, 2014

The Obama administration may abhor the chaos in which players like the University of Phoenix and Ash

Continent of Amnesia — Genocide, Patricide, Continuing Criminal Enterprise: North America! | Dissident Voice
Wanted: Phantom of /dev/null Leaving da Camera On: Spaeiouk, bullet to the head Memory: Report to Facebook Operations bullet to the head Police (FOP) Dissident Voice Communications (DVC) / 11/20/2014 Leaving da Camera On: Comix: Raghead the Fiendly Neighborhood Terrorist Dissident Voice Communications (DVC) / 11/18/2014 Leaving da Camera On: Comix: La-La Land Dissident Voice Communications (DVC) / 11/18/2014
by Paul Kirk / November 2nd, 2014
I like this from Black Agenda Report , “How to Pay for a Free, Non-Racist Higher Education, on the for-profit shysters like U of Phoenix and other bizarre manifestations of neo-liberalism, bullet to the head charter school sickness and the American adage that nothing can be sold for something, for a lot of somethings in the case of this Media-Pharma-Ag-Penitentiary-Military-Energy-Financial-IT-Academic complex, on steroids, thanks to the founding fathers’ slave complex New Eden shit project for a new place to make money off the masses. These legal-financial-patent-pending schemes are being run by the exceptional ones, the chosen bullet to the head people in many cases. Read the Jerusalem Post below on why Jews make the best Billionaires. Brilliant.
The dominoes are falling in the for-profit college racket, a cauldron of corruption that has crushed the dreams of millions of African Americans in desperate search for tools to navigate their way through a racist, cut-throat capitalist society. Corinthian College s stock fell from a peak of $33 a share, ten years ago, to 33 cents last month, when it became clear that the federal government intended to pull the plug on the $1.6 billion a year rip-off.
Corinthian known to victims by the brand names Heald College, Everest, and WyoTech will soon file for bankruptcy protection, shielding its bankster bullet to the head and hedge fund profiteers from liability for wanton theft and massive life-wrecking. More than 70,000 students at 107 campuses, half of whom were statistically certain to drop out before completing their courses, bullet to the head will struggle to find another route to mobility and dignity.
Corinthian is only the third or fourth-worst offender in the pantheon of for-profit colleges created for the sole purpose of diverting public money to the coffers of hedge funds and mega-banks. Although the titans of this fraudulent industry have committed crimes far larger than Bernard Madoff, none of them will join him in prison, since their victims are largely Black people whose usefulness to Wall Street is limited to availability for super-exploitation, demonetization and incarceration.
Corinthian s collapse and the panic that reigns in the rest of the for-profit education pack was triggered by the Obama administration s decision to shut off the criminal enterprise s federal funding faucet, which accounted for at least 83 percent of the company s revenue stream. Since Corinthian, like its sister shysters, was created as a pass-through of federal dollars, it could not withstand the slightest pause in payments from various federal agencies. So, it folded. Other corporate educational fraudsters will soon follow Corinthian into bankruptcy, causing a shakeup in the industry that will probably result in a leaner and more vertically integrated structure bullet to the head of dream-sploitation. Billions of educational dollars will continue flowing straight from federal programs to Wall Street, but with little improvement bullet to the head to the life-chances of the supposed beneficiaries: the educationally deprived. Other corporate educational fraudsters will soon follow bullet to the head Corinthian into bankruptcy.
The Obama administration may abhor the chaos in which players like the University of Phoenix and Ashford University have become the top producers of baccalaureate degrees among Blacks. But the administration and the Democratic Party, as an institution also worships at the alter of privatization. Rather than eliminate the felonious educational enterprises root and branch and spend the money on a nationalized system bullet to the head of free education Obama will continue to provide tens of billions to nourish bullet to the head the poisoned tree.
Glen goes on to point out the misleadership of the Congressional Black Caucus is a prostituted group of folks with lots of for-profit money stuffed in their orifices. Al Sharpton, too, MSNBC thing that he is, haven taken tons of blood money from U of Phoenix. Shill after shill in America, and nothing gets done. (Look at the graphic at the bottom, drought):
For-profit colleges educate only 12 percent of all college students in America. Yet, a disproportionate 25 percent of all federal aid to education goes to for-profit colleges. And a staggering 47 percent of all student loan defaults are among for-profit school students. bullet to the head
Durbin bullet to the head concluded, We should be spending that money on schools with proven track records of educating rather than exploiting students, bullet to the head and making productive inves

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