To the editor:
Politicians are defunding public education because their special interest campaign supporters want OUR public education tax dollars in their bank accounts. Voters should be allowed a statewide vote for approval.
Then the U.S. has leveraged buyout artists who somehow manage to obtain loans that buy out U.S. corporations then pile this debt upon the company being pursued by the leverage buyout con men. Then the companies fail under the guise that union wages are too high when, in fact, the objective was to shut down the company and shift jobs to China for bigger and bigger profits. Why are bankers funding this nonsense? This seems counterproductive.
Also the private industry college loan program seems to be operating exactly like the home loan fiasco. Tons of money being loaned to students who have no way to pay back this money. Why are bankers funding this nonsense?
We have citizens getting educated but no jobs are waiting for them like in the good ol’ days. Are the bankers not paying attention? Why are bankers funding this nonsense?
The nation has crooks and bankers loaning out large sums of money to people becoming educated while recording big time profits yet the jobs are leaving the country. Why are bankers funding this nonsense? Why not spend money that restores the job market? Why not loan money more wisely? What is the point in lending money that eradicates U.S. jobs?