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| Thread: Should public education be illegal? |  This thread is pages long: 1 2 3 4 5 · «PREV |
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Fauch
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posted November 17, 2013 06:11 PM |
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Edited by Fauch at 18:11, 17 Nov 2013.
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hmm, we are in a great depression right now. and privatizing everything doesn't seem to help so far (oh well, but I forgot, we aren't privatizing quick enough  )
I also doubt that if governments don't fund schools anymore, tax will get lower. it's more likely that the money would be used to pay back banks instead.
the problem with school is most likely linked to our economic system, which makes money become more and more rare for most people. do we prefer better schools for poor people, or no poor people?
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mvassilev
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posted November 17, 2013 07:29 PM |
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master_learn said:
@xerox,you really need to read about the Great Depression from 1929 and the reasons the free market failed.
Except the Great Depression was a result of mismanagement of monetary policy by the Federal Reserve, and not a result of the free market?
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Gnomes2169
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posted November 17, 2013 07:46 PM |
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mvassilev said:
master_learn said:
@xerox,you really need to read about the Great Depression from 1929 and the reasons the free market failed.
Except the Great Depression was a result of mismanagement of monetary policy by the Federal Reserve, and not a result of the free market?
Hey, exactly the same as the current market crisis!  Except the current federal reserve is a private bank...
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Yeah in the 18th century, two inventions suggested a method of measurement. One won and the other stayed in America.
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mvassilev
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posted November 17, 2013 08:24 PM |
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The Federal Reserve isn't really a private bank. Its board of governors is appointed by the President, it was created by act of Congress, etc. It's not private as we normally use the word.
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Gnomes2169
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posted November 18, 2013 09:13 PM |
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Ah, sorry, got "private bank vibe" from the Federal Reserve having stock, having the majority of its running council be from private banks across the nation, and from the fact that it can do whatever it wants with its money (including printing), without any say from the government... which usually have complete control over "federal" banks and should, by law, be the only institution that can print legal tender. Also, the presidentially approved members of the federal reserve's board haven't changes for a few decades, since they sort of sit there... for life, and the president actually appoints them from a pool of bank presidents anyway. So... yeah, not exactly a federal operation, you know?
But anyway, this is completely off topic.
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Yeah in the 18th century, two inventions suggested a method of measurement. One won and the other stayed in America.
-Ghost destroying Fred
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