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John Fuqua 11/04/2008 10:44 AM Report
If the senator really believes in education in math and science, he would push for requiring at least a M.S. in their field for any 7-12 grade teacher and not a 'math for teachers' type degree but the same level as a PhD candidate would get at the M.S. level.
Also for 7-12 grades drop all the teacher education requirements and let retired, university faculty, corporate people teach math and science in the schools.
Unfortunately the teachers unions want to keep qualified people out unless they jump through all the hoops and become loyal union above teaching members.
Neil MacCallister 11/04/2008 04:22 AM Report
Who says Real Estate sales are down? Are we not selling off the entire nation today, at a "distressed" price? What was that campaign money-ratio anyway? Was it the 6 to 1 that I heard? ..espy? Dollar for dollar, was this a better buy than the Louisiana Purchase? (..Yes, I know, we still have to figure in that $700 billion.)
saguaro 11/04/2008 12:02 AM Report
Well said Charlie. You just ran down the whole ball of wax in the conversation with Mr. New York. He is a top notch senator. His analysis even informed you Mr.Rose. Your table is so informative. I thank you again, as always.
sock puppet 11/03/2008 06:07 PM Report
Neil - WOW! You bout burnt my feeble little mind out with that shotgun splatter of ideas all in one paragraph. The central theme - assuming there was one - that I came away with was that we were all being bought off piece-meal with our own money. Even without a lobby. We do seem to contain the seed of our own destruction (per communism). Stealing votes goes along way toward proving that.
irish 11/03/2008 05:10 PM Report
I love Chuck Schumer - glad he is in NY. The combo of Schumer/Clinton helps me sleep at night.
owldog 11/03/2008 03:03 PM Report
I'm a liberal but Schumer is an embarassment.
Schumer is trying to be on both sides of the bailout issue.
His same-old, same-old prescription for education is 100% the same echoing of Teacher Trade Organizations.
That is, three things: (1) more money for teachers; (2) more money for teacher; (3) more money for teachers
when we all know the big problem in teaching is nepotism and cronyism in hiring teachers and unconditional job security once they're in.
All sides agree, more money is great if based on performance or "merit."
Schumer says, more money "in return for" better performance.
Poppycock.
TABS 11/03/2008 12:52 PM Report
One can have a perverse wish that the Democrats win it all and BIG. Then the ball will be in their court and we can see just how GOOD they really are. At that point one would not have very high expectations given their records in office. AFTER FAILING MISERABLY AND DRAGGING THE COUNTRY DOWN NOT ONLY FINANCIALLY BUT MORAL WISE. Then maybe people will catch on to guys like Schumer and vote the bums outa office. OHHHH DEAR...the only thing wrong with that scenerio is that everybody is going to be feeling the misery. So better not have any perverse wishes. As Mother is want to say, "Hope for Good Things."
Fred,NJ 11/03/2008 07:03 AM Report
TABS (below) has a workable investment plan to enhance Social Security along the lines of Republican proposals. Note that Dems like Pauline (below) are spreading disinformation trying to cover up the current SSA-Roosevelt Ponzi Scheme which has $45T in unfunded obligations. The insurance part of SS is fine as far as I know. Bush was laughed at and distorted by Dems for his efforts.
Dems have a poor record of success. 1)Schools are a failure: note dropout rate and graduates unprepared to enter the workforce despite the highest budget per pupil in the world and the Teachers' Union. 2)Obama's home district had a 20% poverty rate in 2000 despite 80 years of Dem representation and rich neighborhoods packed with wealthy radicals plus the nearby the University of Chicago. 3) Dems want to return to the Carter appeasement school of diplomacy. A Nobel in Peace for Palestine 30 years ago. After a slow start, Bush has gotten peace and freedom in Iraq (13 US and under 300 Iraqi civilian and military killed in October)We are just waiting for the Iraqi forces to learn a few final skills and the government to mature and minimize interference from Iran. The war has shifted to Afghanistan. 4)Gov. Romney instituted universal health care in Mass within one 4-year term.
Neil MacCallister 11/03/2008 04:51 AM Report
espy, it is not the electronic voting "machines" which are the problem, nor the "chads" in Florida; it is the flesh-and-blood "voting machines". Sen. Schumer is our Lawrence Welk, ushering in the new attraction: "A More Active Government" (..and what were they doing before?) All bets are in, too: Warren Buffett has the Wall St. $700B's; Chuck here announces GM's new car purchase subsidy (..that get's Michigan!); Teacher's Unions are covered (.."We will dramatically increase money to teachers"); and the class warfare people are slaked, "We will close offshore tax-haven loopholes (..before we tax those rich!)" Now that this is all in place, the people are expected to turn over their votes on Tuesday (..Has Charlie already booked him for Tuesday night? Doris and Al have already accepted the RSVP!) It's okay, though, espy, ..I remember "The Pope of Greenwich Village" ("Charlie, they took my thumb!") and the senior uncle: "It's okay, the pain won't last too long." But you know, ..some things can never be recovered. This electron (America) is dropping orbitals. We now actually sell our future! (What is left?) Last month, right after Palin (Andromeda) raised Odysseus' sail, Las Vegas (Wall Street) sequestered the pot, ..and we heard "Crisis!!" The warm Mr. Schumer tonight winks the signal smile, .."The money is THERE!" (..Thank you for watching it, Mr. Buffett!) The voice of Sam Walton confirms that gloomier but more pronounced truth, which we all know to be the fact: "Capital isn't scarce, vision is." Well, ..I have a vision! It is called America! It is right here, right over there, all around us. But we hide in the promises of government agents, like Schumer and Obama, rather than lift our chins to that reality fluttering nobly in the air. I raise my hand to my heart, ..you think it's enough to raise the taxes on the rich. Khrushchev warned us: We will die from the inside!
Ed 11/02/2008 05:32 AM Report
Senator Schumer should be ashamed of himself for his contribution in causing the failure of Indy Mac Bank. His attempt to grab headlines by leaking his letter of complaint to the FDIC, started a run which ultimately resulted in many depositors losing some of their savings. Were his financial supporters and friends short Indy Mac stock? His quest for immortality should be rewarded by naming the current financial panic The Schumer Banking Panic of 2008.
sock puppet 11/02/2008 01:56 AM Report
Inquiring minds aught to know: Princeton hacks Diebold voting machines within minutes. The software deletes itself after recording pirated bogus count. Totally nontraceable.
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Published on Thursday, August 28, 2003 by the Cleveland Plain Dealer
Voting Machine Controversy
by Julie Carr Smyth
COLUMBUS - The head of a company vying to sell voting machines in Ohio told Republicans in a recent fund-raising letter that he is "committed to helping Ohio deliver its electoral votes to the president next year."
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There was an innocent(?) naive time that I would have declared no one would sink to that level. Now Karl Roves cum crap and the Republicans I have no faith that my Diebold machine vote for Nader really went to him. An admitted throw-away vote, but the potential loss of principle is anathema. It should be mine to deal with, not someone to steal. We're getting slimier and slimier as a nation. Ask Citigroup, ask the predators, the subprimers, the jingoists, the M-I land miners, the collateral damager approvers, the scumbags, the puppykickers, the . . . . . . OH BTW HAPPY VOTING!!
sock puppet 11/02/2008 01:14 AM Report
No - it's still not in sequence. The 1:56 AM was really 12:56 AM. No big deal. Just twittering over the coincidence. Any other posts before 1:56 will be sorted beneath - not on top.
sock puppet 11/02/2008 01:06 AM Report
An end of daylight saving time phenomenon hit with exact timing and it inversed the previous two posts. It's an apparent non sequitur otherwise.
sock puppet 11/02/2008 01:01 AM Report
Sorry, I started frothing at the mouth so much I forgot to include the utube site of the Princeton study. Here tis - its short and worth watching.
http://www.youtube.com/watch?v=5WMG34cv0zM
TABS 11/01/2008 06:42 PM Report
Dear France: Havn't you heard Mr Brooks says the "cutural" wars are over...we lost,you lost, who cares!
France 11/01/2008 05:26 PM Report
Like the ones the US is losing in Irak and Afghanistan. I bet you believe that Vietnam was a tie because the referee was influenced by Congress.
TABS 11/01/2008 02:55 PM Report
Why make Schumer Ambassador to France, because that is one war we could not lose.
TABS 11/01/2008 02:45 PM Report
Maybe if Obama is elected President, Obama will make Schumer Ambassador to France.
TABS 11/01/2008 02:39 PM Report
Hmmmm..Of course there is another explanation for Nyers electing Schmer to Congress and that was to get him out of town so that somebody else would be forced to listen to him. However just electing him to the House only got rid of him for 2 years at a time. So NYers decided to elect him to the Senate so they only would have to hear from him once every 6 years.
TABS 11/01/2008 02:15 PM Report
My old uncle whispered in my ear just before they swung the trap on em, "Never wise up a chump Tabs." However never being a good listener or taker of advice, one can not help refrain from saying, How the he11 did NY ever elect a guy like Schumer? He would not pass the test of the farmers in Indiana and even Iowans would spot him for what he is. So how did he ever get past the sophisticates of NY? Schumer is the class clown always grandstanding for attention that he never received at home. Is there a mirror that he does not look into to see his own reflection? Ohhh so that's what it is..Nyers understand any guy who is so busy admiring himself in the mirror and in love with his own voice is too busy to steal from them!
hrc 11/01/2008 01:34 PM Report
Another brilliant timely segment. It started with colors, blue & red, whatever they represent, it is not polarizing. I at once thought of the many hues each spectrum might represent as in contrast to the present gloominess. It's simply a time to move forward. I am extremely grateful to the senior senator from ny, also to current speaker of the house for sharing their time with us. I am certainly more hopeful from their visits.
Anna 11/01/2008 02:52 AM Report
Charlie,
Your shows -especially about politics and economy-are just wonderful. We need them really badly, because journalists have become so polarized and biased, that we don't read newspapers anymore, except selectively online. They absorb all my attention, and I'm upset that they come to an end eventually.
It would have been wonderful if you had Obama, McCain, and prim minister Putin-separately-talk with you. Please, not Palin !!!
I hope you never stop giving us these pieces of excellence in journalism!
Appreciating you!
RE Mant 11/01/2008 12:11 AM Report
Whether the mkts have confidence is completely irrelvant. What matters is whether anyone wants to extend credit, and the answer to that is certainly not if the credit of the dollar, itself, is in question as a result of an overextension of debt. The mortgages are main thing that need attention as I've said from the very beginning. If we are not going to write the whole thing off, then they need to be restructured. Several workable ways have been put forward by different organizations. Bernanke's understanding of this has all along been on a level with Herbert Hoover. I don't see any change in this country as long as he and ppl like him remain in office. Having Keynesian or monetarist academics running our country is like having a rat psychologist for a doctor. Find no fault with Schumer's educational perspective, on the other hand, but... Unfortunately for Friedman, you can't invest in innovation. That's why it is innovation. As I see it, Europe is, and always has been, way ahead of us and that's largely because they are not competitive in the same way we are. Like the economy there's no way to improve education without doing the work. Neither throwing money at it, nor competition will do the job. Americans may not believe it, but Europeans, and many other parts of the world, are far more productive than we are, because they are like David said later, communities, not markets. Re the comment here Samuelson, many yrs ago, pointed out that Social Security was a Ponzi scheme, if memory serves.
TABS 10/31/2008 06:36 PM Report
Come to think of it...Social Security MIGHT be the BIGGEST PONZI SCHEME OF THEM ALL. Here is why..consider if your SS tax contributions were all placed in US Treasurys and compounded over a 45 year working life. At the end of the time one would have a monthly interest income without touching priciple and upon death a sum of money could go to ones family.
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However with the current SS system the US government pockets your money for 45 years, paying no interest. At retirment one collects a monthly benifit, and if one lives long enough will draw enough money out to equal the amount paid in plus interest. However insurance acturial table indicate that people will live to about 78 years old, or will have collected about 12 years of Social Security based upon a retirment age of 66. That means that not only does one not collect the compounded interest of 45 years of work but ONE DOES NOT HAVE the death benifit for ones heirs. THE GOVERNMENT POCKETS THAT RESIDUAL MONEY that otheriwse would go to ones family. Thus your heirs are being shortchanged of all your hard work.
RON 10/31/2008 06:00 PM Report
yes..he want your money to give to his criminal friends on wall street... poor George Carlin died too soon....he should have been here to see this fiascos...
http://www.youtube.com/watch?v=9dY4WlxO6i0
TABS 10/31/2008 05:53 PM Report
If Chuckie does not like the idea of putting peoples Social Security savings into US Treasurys ask him why he DOES NOT TRUST the US government. If Chuckie does not like putting a SMALL portion of those savings into Equities on a 45 year or even a 20 year time horizon ask him what he has AGAINST the potential that the American people have for inovation and productivity.
TABS 10/31/2008 05:38 PM Report
Privatization Of Social Security:
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Sit down with a calculator and figure out what a lifetime of contributions into Social Security, were instead invested into the SAFEST and MOST SECURE investment in the world..US TREASURY BONDS and what that would net you with compounded interest. Then figure out that once one reached retirement age how much one could draw out a month just in interest income. One could also amortize a draw down in principle based upon actuarial tables. The return would be far superior than what the US government is going to pay out. Further the Social Security Trust fund has roughly 45 TRILLION USD in UNFUNDED OBLIGATIONS. At this point there might just be some doubt if people who have contributed to Social Security all their working lives will even collect. Not only that but there would be monies left over for ones heirs with Privatization, that is something that DOES NOT HAPPEN with SS. So you tell me which is a superior investment. Of course it begs the question, that contributions into a privatized account would be mandated and not touchable until retirement age. It might even be a good idea to invest a small portion of those contributions into the Equity Markets, as over a 45 year time span of a working life the money would grow. Of course the closer one came to retirement the less money would be allocated into equities and even transferred into the less risk US Treasuries. This would provide for stability of investment as one retired. Ask Chuckie if he likes that idea.
Pauline O'Hare 10/30/2008 03:09 PM Report
Charlie:
Night after night I listen to your guests discuss the economic crisis but I learn very little. I watched some of the House/Senate hearings last week and before and was blown away by the testimony offered by a few ex-Wall Street execs especially as it referred to "ratings" and the m.o. of Goldman and Moodys and their collusion with Treasury. I have suspected this for some time just as it was obvious to me that the real estate "bubble" was a powder keg for the past few years. Why, if I could have foreseen this, was there nobody with the guts to light the match before it reached this stage? I would include Warren Buffet and all the other "wise men". The collusion between Wall Street and Goldman Sachs in particular to take over Treasury must have had the approval of the Executive Branch and yet they seem to be the "victim". Now I know why the the Administration was so interested in giving Social Security over to Wall Street (surely that was not to help the poorer among us). This corruption must be exposed to the American people and since most do not have the time or interest to watch C-SPAN and all branches of government are involved you could be very helpful in engaging a wider audience to take notice and just maybe open up the "dirty secrets" of our leaders. I would certainly appreciate that.
Thank you.
Pauline O'Hare
Falls Church, VA