Thursday, October 27, 2011

The College Scam

Rush Limbaugh was a wealth of information on this topic today.  If you can listen to the second hour of his 27 October 2011 show, do it.  Great callers with great points too.

The aspect that I plan to examine in Would You Like Borders With That Socialism? is how children of professors get steep discounts at institutions across America, a special sort of deal that regular folks do not get.  I heard of it decades ago, but never pursued the details and am not sure if it still exists.

Even if it does not exist, the phenomena of professors children getting into the "old boy" network is pretty interesting, especially when many of those "old boys" complain that "big business" operates on that system.  As we all know, when one sucks at business they get the boot.  Trust fund babies who don't know what they are doing with their money lose it in a generation.  in the case of the Kennedys and the Rockefellers, it takes a few generations to squander massive fortunes on political careers, but the shakedowns of viable businesses do make up some of the difference.

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