Friday, October 22, 2010
DEMCAD Report: Keep the Degree, I want my Money Back!
By Reginald Kaigler
College students are feeling the heat. Millions of college graduates are facing a brutal reality. Many of them spent too much money on an education that will give them too little. Recently a BC Law student offered to surrender his degree in exchange for his tuition. The poor guy writes,
“We are discouraged, scared, and in many cases, feeling rather hopeless about our chances of ever getting to practice law.”
Well, that's not a chance in hell he's going to see his money again. If the university give him his money back, others would follow suit. And frankly, colleges and universities are in the business of receiving revenue, not giving it back.
On the Global Front, China and Russia are growing into even greater world powers. As of today, Russia is the only country that exports more than 10 million barrels of oil each day. China produces over 90% of the rare earth metals worldwide. As America declines, Russia and China make take its place as the world's super powers. But will Russia by able to continue its amazing oil production? Will China find a way to sell all of its goods once the American consumers are too poor to buy them? And how will the Chinese feed all of those people?
Check out my lasting video for more information and commentary on current events.