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(LA Times)   U.S. is cutting its losses and selling off its remaining shares of AIG at a $15.1 billion... profit?   (latimes.com) divider line 64
    More: Interesting, American International Group Inc., U.S., Phil Angelides, Financial Crisis Inquiry Commission, Century City  
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1629 clicks; posted to Business » on 11 Dec 2012 at 8:55 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-11 08:56:45 AM
Now put every penny of that profit into education.
 
2012-12-11 09:00:09 AM

Chabash: Now put every penny of that profit into education.


HAHAHA good one. Too bad we need an extra 50 F-35s or something like that.
 
2012-12-11 09:37:43 AM

Chabash: Now put every penny of that profit into education.


Yup, vouchers for every child who wants one.
 
2012-12-11 09:38:41 AM

DrewCurtisJr: Chabash: Now put every penny of that profit into education.

Yup, vouchers for every child who wants one.


no. fark vouchers. they're just another way to leech money away from a system that needs reformed, not killed.

that and the fact that they were a way to get public moneys into sectarian coffers...
 
2012-12-11 09:45:32 AM

Kazan: DrewCurtisJr: Chabash: Now put every penny of that profit into education.

Yup, vouchers for every child who wants one.

no. fark vouchers. they're just another way to leech money away from a system that needs reformed, not killed.

that and the fact that they were a way to get public moneys into sectarian coffers...


Yea, if we can have a perfect solution fark having a good one.
 
2012-12-11 09:46:35 AM

Kazan: no. fark vouchers. they're just another way to leech money away from a system that needs reformed, not killed.


What do you mean "leech"? Kids are getting educated and for less money.

Kazan: that and the fact that they were a way to get public moneys into sectarian coffers...


So terrible allowing the "public" who pays the taxes to decide what to do with their own money.
 
2012-12-11 09:49:02 AM

Chabash: Now put every penny of that profit into educationon black.


Always bet on black.
 
2012-12-11 10:06:24 AM
Yay, enough for another day in Afghanistan
 
2012-12-11 10:15:43 AM
Well done, George.
 
2012-12-11 10:25:18 AM
I don't care how much of a profit was made, should have let these farkers go bankrupt.

Gawddamn welfare queens.
 
2012-12-11 10:42:56 AM
Suck it, Tea Baggers!
 
2012-12-11 10:42:59 AM

DrewCurtisJr: Kids are getting educated and for less money.


What part of voucher systems do you like best? The part where the charter schools that often take them are lagging behind the public schools in basic performance measures, the part where they don't have to take any kid they don't want and so just pick and choose rich kids whose parents now get to send their kid to private school at a huge discount or the part where you lie about them getting educated for less money because you ignore the fact that the single biggest drains on public tax dollars are the at-risk kids that voucher proponents are always demanding be taught up to grade level even when such a task is virtually impossible and who won't go away under a voucher system but will instead be left as the only charges public schools retain at the same damn cost?
 
2012-12-11 10:53:18 AM

Chabash: Now put every penny of that profit into education.


How about we use that profit to offset the losses from our bailouts of GM and chrysler?
 
2012-12-11 11:06:08 AM

Vegan Meat Popsicle: What part of voucher systems do you like best?


The higher graduation rates.

Vegan Meat Popsicle: The part where the charter schools that often take them are lagging behind the public schools in basic performance measures, the part where they don't have to take any kid they don't want and so just pick and choose rich kids whose parents now get to send their kid to private school at a huge discount or the part where you lie about them getting educated for less money because you ignore the fact that the single biggest drains on public tax dollars are the at-risk kids that voucher proponents are always demanding be taught up to grade level even when such a task is virtually impossible and who won't go away under a voucher system but will instead be left as the only charges public schools retain at the same damn cost?


And the part that people who are ideologically against it just make thing up.
 
2012-12-11 11:08:18 AM
No subby, it is in ADDITION to it's already $15.1 billion profit 

/as it should be, if not more
 
2012-12-11 11:09:07 AM

Vegan Meat Popsicle: DrewCurtisJr: Kids are getting educated and for less money.

What part of voucher systems do you like best? A: The part where the charter schools that often take them are lagging behind the public schools in basic performance measures, the part where they don't have to take any kid they don't want and so just pick and choose rich kids whose parents now get to send their kid to private school at a huge discount or B: the part where you lie about them getting educated for less money because you ignore the fact that the single biggest drains on public tax dollars are the at-risk kids that voucher proponents are always demanding be taught up to grade level even when such a task is virtually impossible and who won't go away under a voucher system but will instead be left as the only charges public schools retain at the same damn cost?


Probably C: It's one way to screw with the NEA.
 
2012-12-11 11:21:16 AM
What profit? The Federal Reserve gave them a bailout with fake money they created and we've all paid for that by inflation.
 
2012-12-11 11:25:17 AM

DrewCurtisJr: Vegan Meat Popsicle: What part of voucher systems do you like best?

The higher graduation rates.

Vegan Meat Popsicle: The part where the charter schools that often take them are lagging behind the public schools in basic performance measures, the part where they don't have to take any kid they don't want and so just pick and choose rich kids whose parents now get to send their kid to private school at a huge discount or the part where you lie about them getting educated for less money because you ignore the fact that the single biggest drains on public tax dollars are the at-risk kids that voucher proponents are always demanding be taught up to grade level even when such a task is virtually impossible and who won't go away under a voucher system but will instead be left as the only charges public schools retain at the same damn cost?

And the part that people who are ideologically against it just make thing up.


Please point out the part that is "made up."

Vouchers and charter schools only appear to be successful because usually the student who participate in the programs are those would succeed in public school anyway. Siphoning off the best of the brightest of student and sending them to a special school, does not prove that the voucher system or charter system works. It proves the best and the brightest students are the best and the brightest.

I would have no problem with charter schools or voucher per say, but there must be a requirement that charter schools and private schools that accept vouchers must have completely open enrollment the way public schools do.
 
2012-12-11 11:27:51 AM

senzasord: What profit? The Federal Reserve gave them a bailout with fake money they created and we've all paid for that by inflation.


Can you point to this inflation caused by monetary policy?
 
2012-12-11 11:43:27 AM

max_pooper: I would have no problem with charter schools or voucher per say, but there must be a requirement that charter schools and private schools that accept vouchers must have completely open enrollment the way public schools do.



"Eligible students are from Milwaukee families with incomes at or below 300% of the federal poverty level - $66,747 for a family of four in 2011-12."

You know, all the rich kids using those damn vouchers to go to Caviar Prep.

"Admit all eligible choice students and use a random selection process when applications exceed available space."

http://www.schoolchoicewi.org/k12/detail.cfm?id=4
 
2012-12-11 11:44:16 AM

Chabash: Now put every penny of that profit into education jailing AIG execs.

 
2012-12-11 11:45:08 AM

max_pooper: DrewCurtisJr: Vegan Meat Popsicle: What part of voucher systems do you like best?

The higher graduation rates.

Vegan Meat Popsicle: The part where the charter schools that often take them are lagging behind the public schools in basic performance measures, the part where they don't have to take any kid they don't want and so just pick and choose rich kids whose parents now get to send their kid to private school at a huge discount or the part where you lie about them getting educated for less money because you ignore the fact that the single biggest drains on public tax dollars are the at-risk kids that voucher proponents are always demanding be taught up to grade level even when such a task is virtually impossible and who won't go away under a voucher system but will instead be left as the only charges public schools retain at the same damn cost?

And the part that people who are ideologically against it just make thing up.

Please point out the part that is "made up."

Vouchers and charter schools only appear to be successful because usually the student who participate in the programs are those would succeed in public school anyway. Siphoning off the best of the brightest of student and sending them to a special school, does not prove that the voucher system or charter system works. It proves the best and the brightest students are the best and the brightest.

I would have no problem with charter schools or voucher per say, but there must be a requirement that charter schools and private schools that accept vouchers must have completely open enrollment the way public schools do.


Never mind the fact that students in charter schools as a whole typically don't do better than comparable public schools. Privatization of schools doesn't alleviate poverty of students, or paucity of skilled instructors, or perception of the school system itself.

But, there are those who believe that the privatization of the prison system has served business well, and so the next step is to privatize the education system - catch 'em coming and going, I guess.
 
2012-12-11 11:45:28 AM
Watching "Too Big to Fail" is an excellent reminder of both what a plum-insane policy TARP was, and why a bunch of very not-insane people eventually coalesced around it.
 
2012-12-11 11:46:30 AM

DrewCurtisJr: max_pooper: I would have no problem with charter schools or voucher per say, but there must be a requirement that charter schools and private schools that accept vouchers must have completely open enrollment the way public schools do.


"Eligible students are from Milwaukee families with incomes at or below 300% of the federal poverty level - $66,747 for a family of four in 2011-12."

You know, all the rich kids using those damn vouchers to go to Caviar Prep.

"Admit all eligible choice students and use a random selection process when applications exceed available space."

http://www.schoolchoicewi.org/k12/detail.cfm?id=4


So, as long as applications don't exceed available space, no lottery need apply? Got it.
 
2012-12-11 11:53:43 AM

mcreadyblue: Watching "Too Big to Fail" is an excellent reminder of both what a plum-insane policy TARP was, and why a bunch of very not-insane people eventually coalesced around it.


So insane that we prevented a severe depression and made a profit off it. MY GOD.
 
2012-12-11 11:53:47 AM

FormlessOne: So, as long as applications don't exceed available space, no lottery need apply? Got it.


I think you need to read that again, focus on the word "and".
 
2012-12-11 12:11:39 PM
Glad we're making some of it back, but I'm still bothered by that whole government playing the stock market, even if it did stop the entire world economy from collapsing.
 
2012-12-11 12:17:22 PM

senzasord: What profit? The Federal Reserve gave them a bailout with fake money they created and we've all paid for that by inflation.


What inflation? It's been average to low for years. Arguably TOO low.
 
2012-12-11 12:20:01 PM

Chabash: Now put every penny of that profit into education.


You sound socialist. The obvious thing to do is to spend it on a large statue of the Ten Commandments to be placed atop the the Capitol or to carve Reagan's face onto Mt. Rushmore.
 
2012-12-11 12:24:05 PM

cameroncrazy1984: mcreadyblue: Watching "Too Big to Fail" is an excellent reminder of both what a plum-insane policy TARP was, and why a bunch of very not-insane people eventually coalesced around it.

So insane that we prevented a severe depression and made a profit off it. MY GOD.


Kicked the can down the road and are $1.5 trillion dollars morein debt.

Private debt was merely converted to public debt.

We are still on the hook for Fannie and Freddie to the tune of $6 trillion.


static.seekingalpha.com
 
2012-12-11 12:34:52 PM

DrewCurtisJr: The higher graduation rates.


If all you care about is graduation rates why don't we just remove the stricter standards that public schools are held to so they compete on the same - lower - level as charter schools?

Oh. Right. Because then we won't be funneling public tax dollars to private institutions so that rich people can get discounts on private schooling on the backs of the entire community that can't get their kids into the same schools. Of course.

DrewCurtisJr: And the part that people who are ideologically against it just make thing up.


[yawn]

Pick your preferred source. They all say the same thing. That charter schools under perform at a rate just as bad or worse than public schools but without the threat of being shut down for it.

Any other thinking you need me to do for you or do you think you can master this whole "googles" thing before you post more make-believe bullshiat from your bum?
 
2012-12-11 12:54:07 PM

DrewCurtisJr: So terrible allowing the "public" who pays the taxes to decide what to do with their own money.


How about the public start paying their bills? Deadbeats.
 
2012-12-11 12:58:42 PM

DrewCurtisJr: What do you mean "leech"? Kids are getting educated and for less money.


[are you farking kidding me.jpg]

DrewCurtisJr: So terrible allowing the "public" who pays the taxes to decide what to do with their own money.


ILLEGAL. Putting public moneys into sectarian coffers for sectarian purposes
 
2012-12-11 01:24:52 PM

Vegan Meat Popsicle: That charter schools under perform at a rate just as bad or worse than public schools but without the threat of being shut down for it.


No threat of being shut down huh? Charters not immune from closings, CPS says

Again you've demonstrated you don't know what you're talking about.
 
2012-12-11 01:29:33 PM

Kazan: DrewCurtisJr: Chabash: Now put every penny of that profit into education.

Yup, vouchers for every child who wants one.

no. fark vouchers. they're just another way to leech money away from a system that needs reformed, not killed.

that and the fact that they were a way to get public moneys into sectarian coffers...


Per pupil spending has grown 300% since 1980 adjusted for inflation. Administration has grown at the same rate. Reform the farking system before asking for more. Throwing money and more and more administrators worth no observable results is not a viable strategy.
 
2012-12-11 01:35:23 PM

DrewCurtisJr: Vegan Meat Popsicle: That charter schools under perform at a rate just as bad or worse than public schools but without the threat of being shut down for it.

No threat of being shut down huh? Charters not immune from closings, CPS says

Again you've demonstrated you don't know what you're talking about.


Number shut down: ZERO.

But, you're still technically right. Allow me to correct myself so you can't nitpick one thing I said to the exclusion of everything else even though you knew damn well what I meant:

Pick your preferred source. They all say the same thing. That charter schools under perform at a rate just as bad or worse than public schools but without the threat of being shut down by the federal or state government for it.

Now are you going to bother responding at all to the fact that your stupid voucher system is just a way to funnel public tax dollars to private schools so that rich people get a discount for their kids on the taxpayers' backs or would you just prefer to keep ignoring that inconvenient bit of your dumb idea?
 
2012-12-11 01:54:55 PM

Vegan Meat Popsicle: Number shut down: ZERO.

But, you're still technically right. Allow me to correct myself so you can't nitpick


I only need to pick out small parts of your nonsense to demonstrate that you are not knowledgeable about the issue and your comments shouldn't be taken seriously. But don't let that stop you from forming a strong opinion on the it. Just keep on doing google searches and only reading the headlines of articles.
 
2012-12-11 01:56:20 PM

Vegan Meat Popsicle: DrewCurtisJr: Kids are getting educated and for less money.

What part of voucher systems do you like best? The part where the charter schools that often take them are lagging behind the public schools in basic performance measures, the part where they don't have to take any kid they don't want and so just pick and choose rich kids whose parents now get to send their kid to private school at a huge discount or the part where you lie about them getting educated for less money because you ignore the fact that the single biggest drains on public tax dollars are the at-risk kids that voucher proponents are always demanding be taught up to grade level even when such a task is virtually impossible and who won't go away under a voucher system but will instead be left as the only charges public schools retain at the same damn cost?


The part where parents are able escape a system that makes their kids pawns in a battle to prop up institutions that fail them so that overcompensated public employees can keep their jobs.
 
2012-12-11 02:58:21 PM

jjorsett: The part where parents are able escape a system that makes their kids pawns in a battle to prop up institutions that fail them so that overcompensated public employees can keep their jobs.


Fuzzy pointless post is fuzzy and pointless. There are specific points laid out above by numerous people including myself. If you can't respond to them don't, but I won't pretend that your generic "TEACHERS BAD" bullshiat actually means anything just so you can have an argument with somebody.

DrewCurtisJr: I only need to pick out small parts of your nonsense to demonstrate that you are not knowledgeable about the issue and your comments shouldn't be taken seriously.


In other words you cherry-picked one thing I presented poorly by pointing out one district in one city across an entire nation of 300 million people then pretended I didn't say anything else because you know damn well you're full of shiat.
 
2012-12-11 03:04:26 PM
"Hoo WEE, uncle Jed! There's some bonuses a comin'!"
 
2012-12-11 03:05:28 PM

Vegan Meat Popsicle: In other words you cherry-picked one thing I presented poorly by pointing out one district in one city across an entire nation of 300 million people then pretended I didn't say anything else because you know damn well you're full of shiat.


No, just the most glaring example of your ignorance. Why should I waste my time on any of your other nonsense?
 
2012-12-11 03:51:38 PM

DrewCurtisJr: Vegan Meat Popsicle: In other words you cherry-picked one thing I presented poorly by pointing out one district in one city across an entire nation of 300 million people then pretended I didn't say anything else because you know damn well you're full of shiat.

No, just the most glaring example of your ignorance. Why should I waste my time on any of your other nonsense?


I would assume it's because you can not actually dispute it.
 
2012-12-11 06:17:54 PM

Kazan: no. fark vouchers. they're just another way to leech money away from a system that needs reformed, not killed.


www.examiner.com
 
2012-12-11 06:18:37 PM

Kazan: no. fark vouchers. they're just another way to leech money away from a system that needs reformed, not killed.


Killing is quicker and more humane, its too far gone to save now, the foxes have eaten for too long in the hen house.


Oh and wasnt there a headline touting the GM profit before that evaporated as well? What is the net profit/loss ratio for the bailout, after the energy companies they lost on and the GM losses I would think they are still in the red on the who package.
 
2012-12-11 06:19:16 PM

Free Radical: Suck it, Tea Baggers!


Yeah, all those morons who didn't support George W. Bush's bailout.
 
2012-12-11 06:22:33 PM

Moopy Mac: senzasord: What profit? The Federal Reserve gave them a bailout with fake money they created and we've all paid for that by inflation.

Can you point to this inflation caused by monetary policy?


Increased money supply is by definition inflation
 
2012-12-11 06:45:55 PM

max_pooper: I would assume it's because you can not actually dispute it.


Is that how you get your facts, by assuming things? Figures.
 
2012-12-11 07:24:41 PM

DrewCurtisJr: Kazan: no. fark vouchers. they're just another way to leech money away from a system that needs reformed, not killed.

What do you mean "leech"? Kids are getting educated and for less money.

Kazan: that and the fact that they were a way to get public moneys into sectarian coffers...

So terrible allowing the "public" who pays the taxes to decide what to do with their own money.



1) It's not that children are simply getting an education, it needs to be a good education. For instance, look at other countries who spend less then the United States but have higher education and graduation rates. Our public school teachers have a college education, must be licensed and certified and get retrained. Additionally, public schools and the teachers must abide by state & federal laws, cannot discriminate and have a curriculum that has been approved by the DOE.

Charter schools don't have to follow most (if any) of that.


2) We citizens don't decide how our specific tax dollars used. For all I know "my tax dollar" bought a bullet that blew some kids head off in the Middle East. So no, getting to decide what your specific tax money is used for is not acceptable in our society.

Most of the women in my family are educators in public, charter and private domains. After seeing and hearing pretty much every side of education in America I feel that charter schools do have a place in the United States. However, sacrificing public education funds for charter funding is ... bad.

Interestingly, Indiana is a huge player in the charter school influx in the United States. During the 2012 election the entirety of Indiana educators had the Superintendent of Indiana schools kicked out of his position in favor of some random school teacher in a small area. It was a gut punch of epic proportions around these parts to the charter school agenda.
 
2012-12-11 08:40:28 PM
If there is money being spent to benefit citizens, it should be privatized in order to increase the taxpayer's expenses by about 30% which will be given to useless middlemen, who will ALSO cut wages and benefits to any remaining employees, then whine about having to pay taxes to support the unemployed/poor.
 
2012-12-11 08:41:36 PM

MugzyBrown: Moopy Mac: senzasord: What profit? The Federal Reserve gave them a bailout with fake money they created and we've all paid for that by inflation.

Can you point to this inflation caused by monetary policy?

Increased money supply is by definition inflation


So, you didn't fail economics, you never even attended class.
 
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