Posts Tagged Liz Wahl
August 7, 2012
August 6, 2012
With the 2012 electionscoming up in November, the economy seems to be on everybody’s mind. Senators claim they want to focus on jobs, but lawmakers have already gone on their summer break and have taken little action in the creation of jobs and stimulating the economy in the last couple years. So does Congress actually care about this issue? Nicholas Carnes of Duke University explains.
July 31, 2012
Ten months ago Occupy Wall street movement kicked off in New York and for the last eight months a couple of top law schools in the country have been looking in depth at police response to the protesters. The study revealed that there was a systematic effort by police to suppress those protests even though the protesters were following the laws and being peaceful. In total there is 130 incidents of excessive or unwarranted force. John Knefel of Radio Dispatch joins RT’s Kristine Frazao from New York to explain how that could happen.
July 31, 2012
According to an investigation led by Democratic Congressman Elijah Cummings – for-profit colleges are paying executives massive salaries – not based on student achievement – but based solely on profitability. Looking at 13 different for-profit schools – the investigation found, “the single most significant measure for determining executive compensation at these schools is corporate profitability…rather than student achievement.” For-profit colleges rely heavily on government funding, with many schools receiving as much as 90% of their revenue from federal student loan assistance programs. Yet, they’re not producing good results. A quarter of all students who attend for-profit schools default after three years, while the default rate at public institutions is a mere 10%. Yet the for-profit school executives still get fat paychecks – like Strayer CEO Robert Silberman who made $41 million in 2009 alone. Educating the future American workforce used to be a part of the commons, because the economic security of the nation depends on well-educated workers. But now, the money-changers are in control – leaving students in debt, unprepared, and jobless.