The following article articulates a significant portion of a conversation
taking place in the Barfield home over the last several years. "What are we
getting for our money?", I ask, as our daughter contemplates college, and the
future of employment, college debt and income production.
By MICHAEL ELLSBERG
Michael Ellsberg is the author of “The Education of Millionaires: It’s
Not What You Think and It’s Not Too Late.” http://www.ellsberg.com/ The
following article appeared in various publications over the last week.
I typed these words on a computer designed by Apple, co-founded by the
college dropout Steve Jobs. The program I used to write it was created by
Microsoft, started by the college dropouts Bill Gates and Paul Allen.
And as soon as it is published, I will share it with my friends via Twitter,
co-founded by the college dropouts Jack Dorsey and Evan Williams and Biz... (more)
There was the speech and then there are the numbers...
... (more)
Just in the last year, U.S. debt has increased $1.5 TRILLION.
... (more)
By Thomas Sowell
The current Occupy Wall Street movement is the best illustration to date of
what President Barack Obama's America looks like. It is an America where the
lawless, unaccomplished, ignorant and incompetent rule. It is an America
where those who have sacrificed nothing pillage and destroy the lives of
those who have sacrificed greatly.
It is an America where history is rewritten to honor dictators, murderers and
thieves. It is an America where violence, racism, hatred, class warfare and
murder are all promoted as acceptable means of overturning the American civil
soc... (more)
Much has been written and discussed on both sides of the U.S. national debt
issue. How, from one side, “the world as we know it is about to end”, and
“this is no big deal” from the other side.
On the surface this is a standard, somewhat innocuous, graph. But dig a
little and what the picture communicates is the share of debt for every
person in the U.S. exceeds the share of productivity for every person in the
U.S. Extend the thought a little further…in order for us to pay off our
national debt, there must be some productivity margin over, and above, the
debt amount or there is ... (more)