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Free College on Wall Street’s Tab?

Source: Alternet

It’s now crystal clear that our economy is not producing enough jobs for all who want and need them. It’s also clear that our economy is doing an excellent job at putting more and more wealth in the hands of the few. It’s time to change this equation with one simple proposal that would put millions of Americans back to work in a matter of months: free tuition at all public colleges and universities.

The spinmeisters can’t hide the fact that unemployment is still at horrendous levels and causing enormous suffering for millions of Americans. Job growth is so paltry that at this rate it will take over a decade to return to full employment. Worse still, there are 5.8 million Americans who have been unemployed for 27 weeks or longer, the highest number since the Great Depression. Meanwhile, Wall Street, which caused the economic collapse, is returning to record profits and bonuses. We can no longer afford to wait for the trickle-down economics to put our people back to work. And we can easily afford a free higher education program provided we have the nerve to make Wall Street pay for it. read more

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Faulty Towers: The Crisis in Higher Education

Source: The Nation

A few years ago, when I was still teaching at Yale, I was approached by a student who was interested in going to graduate school. She had her eye on Columbia; did I know someone there she could talk with? I did, an old professor of mine. But when I wrote to arrange the introduction, he refused to even meet with her. “I won’t talk to students about graduate school anymore,” he explained. “Going to grad school’s a suicide mission.”

The policy may be extreme, but the feeling is universal. Most professors I know are willing to talk with students about pursuing a PhD, but their advice comes down to three words: don’t do it. (William Pannapacker, writing in the Chronicle of Higher Education as Thomas Benton, has been making this argument for years. See “The Big Lie About the ‘Life of the Mind,’” among other essays.) My own advice was never that categorical. Go if you feel that your happiness depends on it—it can be a great experience in many ways—but be aware of what you’re in for. You’re going to be in school for at least seven years, probably more like nine, and there’s a very good chance that you won’t get a job at the end of it. read more

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Why no outcry over these torturing tyrants?

Source: The Independent

Christopher Hill, a former US secretary of state for east Asia who was ambassador to Iraq – and usually a very obedient and un-eloquent American diplomat – wrote the other day that “the notion that a dictator can claim the sovereign right to abuse his people has become unacceptable”.

Unless, of course – and Mr Hill did not mention this – you happen to live in Bahrain. On this tiny island, a Sunni monarchy, the al-Khalifas, rule a majority Shia population and have responded to democratic protests with death sentences, mass arrests, the imprisonment of doctors for letting patients die after protests and an “invitation” to Saudi forces to enter the country. They have also destroyed dozens of Shia mosques with all the thoroughness of a 9/11 pilot. But then, let’s remember that most of the 9/11 killers were indeed Saudis. read more

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The IMF Chief’s Rape Charge: Metaphor for the IMF’s Abuse of Power

Source: The Progressive

I don’t like using the word rape as a metaphor, but the charge against the head of the International Monetary Fund is almost a perfect metaphor for the IMF’s role in the world.

IMF chief Dominique Strauss-Kahn is accused of attempted rape against an African maid in a luxury hotel in New York City.

And while the truth of this allegation remains for the legal system to sort out, screwing helpless people over in the Third World (and Eastern Europe: see Naomi Klein’s “The Shock Doctrine”) is what the IMF is all about. read more