01-15-2017, 02:52 AM
As the Obama years come to a close I notice far fewer business failures than under Dubya -- even before the economic meltdown of 2007-2009. The best known of American circuses closes after nearly a century and a half the revenues can no longer keep pace with costs. The demise came apparently with the great cost of keeping the one land animal that may be smarter than humans... those were the top animal stars. But that reflects a cultural trend long in the making. Kenneth Feld rescued the failing circus business
The highest-profile business failures under President Obama were the questionable vocational schools more adept at getting students to sign notes that the federal government would guarantee the 'educational institution' which ordinarily prepared the student for nothing. The Obama Administration cut off the loans, so students get stuck with having to go to legitimate schools that really teach something or having to vocational schools of modest cost and promise.
Count on this: the Trump Administration want those scam schools back in business.
I expect this thread to get very busy in the next four years. Easy money for shysters is the Trump way.
The highest-profile business failures under President Obama were the questionable vocational schools more adept at getting students to sign notes that the federal government would guarantee the 'educational institution' which ordinarily prepared the student for nothing. The Obama Administration cut off the loans, so students get stuck with having to go to legitimate schools that really teach something or having to vocational schools of modest cost and promise.
Count on this: the Trump Administration want those scam schools back in business.
I expect this thread to get very busy in the next four years. Easy money for shysters is the Trump way.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.