Thread regarding ITT Educational Services Inc. layoffs

Chalk up another EDUCATION POLICY TRIUMPH of the Neo-Liberal Economic Model We Hear So Little About Over Corporate-Captured Broadcast News

Chalk up another triumph for the Neo-Liberal Economic model that both parties of our political Duopoly must swear allegiance to. What is this doctrine that we he hear so little about? To gloss Canadian, Euro and online indy journalists like Naomi Klein whose 2007 book SHOCK DOCTRINE explained to those of us beyond the reach of MBA indoctrination how it works: PRIVILEGE PRIVATE INTERESTS AT THE EXPENSE OF THE PUBLIC INTEREST. Now, for its effect on Public Education and the growth of Private Education which through vouchers and federally-guaranteed student loans enrich the business speculators whose corporate bankruptcy protection shields them (like the Boss of TRUMP U.) from creditors while student borrowers will be on the hook for their meaningless paper mill college degree for life!

John Oliver covered this ground in his recent YOU TUBE captured monologue on the Charter School scams that resulted in 400 parents from the wealthy Livermore suburb in the Bay Area pulling their kids on the first day of school and re-depositing them in public schools. But if you can't stretch the connection of how the Neo-Liberal Business Model extends from primary and middle to high school charter school vouchers to the collapse of 130 ITT campuses after the 55-campus collapse of Corinithian LLC trade schools and colleges last year, then do check out how the use of a Presidential Bully Pulpit to sell snake-oil fed these flames of NEO-LIBERAL EDUCATION aka the PRIVILEGING OF PRIVATE INTEREST INVESTORS AT THE EXPENSE OF PUBLIC INTEREST.

From Neo-Liberal Public Education Destroyer Arnie "Slam Dunk" Duncan to 2nd Term POSTER HEIRESS FOR CORPORATE WELFARE AND BAIT & SWITCH OBAMA’S CHOICE ALL ALONG FOR SECRETARY OF COMMERCE, DAME PENNY PRITZKER.

Wikipedia these key OBAMA DOCTRINE CABINET APPOINTEES. HYATT HOTEL HEIRESS PRITZKER with her record-setting private contributions to the Obama Presidential campaign and her off-shoring tax haven grand-dad and Shadow Banking pedigree to match her HYATT-MARRIOTT fortune that needed bailing out when she opened her SUPERIOR BANK. The Duncan Education legacy of the Obama Doctrine being more use of the bully pulpit to sell investors on charter schools and pay-to-play trade schools like ITT and the recent corporate bankruptcy protection sought by the 55-campus collapse of CORINTHIAN COLLEGES.

All those CORINTHIAN COLLEGES (another visit to Wikipedia to brief you on what the Evening News has no time to follow-up on and cover in as much granular detail as another kind of trade school, TRUMP U.) that are leaving tax-payers and heavily indebted while no more hire-able students on the hook for life-crushing debts that are not forgiven like corporate bankruptcy.

Federally-backed student loans remain on the student-borrowers' records until death, while the paper mill schools and online scams like TRUMP U. or CORINTHIAN COLLEGES or UNIVERSITY OF PHOENIX can seek corporate bankruptcy protection and actually have their corporate officers run for PRESIDENT OF THE U.S. after DEFAULTING ON VENDORS, STUDENT LOANS and CREDITORS!

See Sunday NY TIMES article by Gina Bellafante although it was published on-line 3/27/2015 titled: "EXPOSING HEDGE FUND POLITICS" for a better understanding of why the investment brought to corruption-plagued Chicago or touted for the rest of U.S. was never going to create a charter school educational miracle. Nor was it going to cause on-the-ground sustainable job growth or bring social stability as so many day laborers blooming in hollowed out American cities not at all like so many freshets in the Negev. Further undermining the social contract and job security post WW II economy the first Clinton Administration advocated dismantling in the name of a high tech entrepreneurial economy we now call the Reagan-Greenspan-Clinton Neo-Liberal economic model. It has been a failure for all but the off-shore cash hoarders and private equity corporate raiders the whole destabilized world over.

As Bellafante's profile of billionaire Hedge Fund director and 'philanthropist' Paul Tudor Jones II, an education reformer don't you know, illustrates about what these oligarchs (and the Clintons became such not long after leaving office while their Outlaw In-law U.S. Rep. Mezvinsky used his time in government to become an oligarch) fail to appreciate about the unregulated Hedge Fund path to obscene accumulation and trading of unproductive wealth is this key observation about such business models and their innovative movers of OPM (Other People's Money): "(W)HOSE INDUSTRY THRIVES ON EXTRACTING ECONOMIC VALUE RATHER THAN PRODUCING IT, AND YET IS COMFORTABLE SPEAKING ON THE CORROSIVE IMPACT OF INEQUALITY."

That quote perfectly well encapsulates the outcomes of PRIVATIZING PUBLIC EDUCATION as per the CHICAGO SCHOOL of E-CON Obama appointee as Secretary of Education Arne "Slam Dunk" Duncan whose resignation after 7 years of PUBLIC DISASTER was followed by a few hours with his Chicago colleague and CEO of CHICAGO PUBLIC SCHOOLS Madame Byrd-Bennett's guilty plea for the millions of dollars in kickbacks she took from the PRIVATE ED consultants to the CPS (CHICAGO PUBLIC SCHOOLS). While predominantly African-American public schools (doubling as rec and community centers in 'hoods too poor and dangerous to afford Y's or youth clubs) were being shuttered by Mayor Rahm Emanuel, the link between the Clinton and Obama Administrations.

Kids going without textbooks while the CEO of Chicago's Public Schools was feathering her nest with educational consultants and privatizers. If that ain't an illustration of our THIRD WORLD status, only the lack of coverage by national media could bring the picture into any clearer focus.

Along with Chicago School of E-CON partner in HOUSE OF CLINTON & HOUSE OF OBAMA\CLINTON White House Chief of Staff turned Neo-Liberal Market-Based MAYOR OF CHIRAQ & Charter School Solution bringer RAHM EMANUEL. Mayor Emanuel whose hand-picked "CEO OF CHICAGO PUBLIC SCHOOLS" Dame BARBARA BYRD-BENNETT plead guilty in record time to taking bribes from GARY SOLOMON's SUPES CON-sultans who, while African-American school children were losing access to textbooks and their de facto South Side Y's & Health Club Community Centers as the CPS school buildings were sold off leaving already dangerous African-American neighborhoods even more dangerous. While these high paid SUPES CON-sultans were using tax-payer money in bankrupt CHIRAQ teaching Chicago PUBLIC SCHOOL principles to act MORE LIKE CORPORATE CEO's and the VULTURE FUND INVESTORS WHO BEGAT the CHARTER SCHOOL business model!

Isn’t that Boss Trump’s playbook, to run government like a corporate hierarchy? So much more efficient to have a selected CEO rather than an elected President, to live in a stable Plutocracy with Super Delegate Representation rather than in a French Revolutionary democracy…Un-tether that global capital some more Grand Lexus and Olive Tree Pundit Wizard and Neo-Liberal bringer of market-based solutions.

We need an intervention from any more Neo-Liberal market-based solutions to market-created socio-E-CON problems.

According to the CHICAGO TRIBUNE EXPOSE on CPS CEO DAME BYRD-BENNETT and her schmearer GARY SOLOMON CEO OF SUPES that never quite made the NATIONAL NEWS AGENDA, not unlike the Flint, Michigan public water contamination scandal so well-covered locally but not elevated to NATIONAL SECURITY RISK level until the cloistered NY TIMES MARKET-BASED SOLUTION SEEKERS noticed their readers and advertisers were going to THE REAL NEWS NETWORK on YouTUBE and the DETROIT FREE PRESS & NEWS to learn about midwestern INSTITUTIONAL CORRUPTION.

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Mitch Ritter

Lay-Low Studios, Ore-Wa

Media Discussion List

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Post ID: @OP+JgkTqHD

10 replies (most recent on top)

https://www.yahoo.com/news/rules-help-defrauded-students-clear-loans-being-revised-165834301--politics.html

The Corporate Caliphate Rides On from Trump-Swamp to an Anti-Trust Free Zone near you and your access to higher education! The Crony Continuity from Obama-Biden back to the House of Bush and House of Clinton is canny and crass...Where's the opposition party, where's our resistance?

https://consumerist.com/2015/04/26/corinthian-colleges-completes-collapse-closes-remaining-campuses-effective-immediately/

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Mitch Ritter\Paradigm Shifters

Lay-Low Studios, Ore-Wa

Media Discussion List

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Post ID: @4wepc+JgkTqHD

But hey maybe your Republican friends can avoid another gov shut down or their banking buddies from having your families, grandchildren homes repossessed.

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Post ID: @1vbn+JgkTqHD

Two or three sentences at most. Busy updating resume.

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Post ID: @1alo+JgkTqHD

That's a whole lot of crazy in one post

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Post ID: @1vsw+JgkTqHD

Talking of somebody who could do with their essay writing skills being improved.....

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Post ID: @1evi+JgkTqHD

Know what's funny speaking of welfare. Oil companies receive over 4 billion in R/D funding...

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Post ID: @1qhy+JgkTqHD

HU4640 Ethics one-on-one or better online with ITT999

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Post ID: @vga+JgkTqHD

@JgkTqHD

Did you attend ITT? Maybe this was an ethics class assignment?

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Post ID: @mva+JgkTqHD

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