Category Archives: Economics

Reason 308: Because There’s More That Your Child Needs Than What The Institution Is Willing To Teach

I think it was President Bush 41 who coined the phrase voodoo economics, and that’s exactly what it is. Like much being taught in the schoolhouse, and being preached to us in the media, it’s not real… as in denying-that-if-you’re-born-a-male-you’ll-die-as-a-male, not real for example. In the same way that boys are girls and girls are boys, wealth can be printed on a printing press is an alternate reality that seems to be accepted by our modern elites.  It’s jut all magic.

The article we’re going to look at today bemoans financial ignorance:

Nearly Two-Thirds of Americans Can’t Pass a Basic Test of Financial Literacy

I hear TIME has fallen on its own hard times. I write these posts for free. And sometimes I post them with very little proofreading, and sometimes I know that is a painfully obvious fact. But I’m an amateur. After reading this article, however, I’m thinking that I might be qualified to write for cash. And interestingly enough the article is found in the U.S. Education section. But I digress.

Where to start? How about an excerpt?

One of the silver linings of the financial crisis was that it was supposed to have taught many Americans a lesson, albeit painful, about the dangers of debt, and financial issues in general. Apparently, the message, though, didn’t get across.

I find this to be absolutely stunning. The financial crisis was supposed to have taught us serfs a lesson?  Who says? No really. This is an appeal to some sort of objective reality or truth. I’m curious as to where this truth can be found. Certainly, the US Government hasn’t learned the lesson about the “dangers of debt”, or “financial issues in general”. I know where one can find the objective truth that, “Thou shalt not steal”, which is what printing cash is doing.

I’ve been told over and over that it was greedy banks doing predatory lending, and that us poor serfs buying Hummers and vacations with the “equity” in our house–which, by the way, was also created by the printing press–were nothing more than victims who needed bigger government to save us.

We know this article is from a liberal rag because most of it focuses on race and gender and how the “hard times” have affected them more. The video is typical elitist-speak wherein an elitist tells us serfs obvious stuff, like, if you don’t make a lot of money financial mistakes hit you harder.  Of course, the speaker in the video admits that she was once poor when she was younger, but unlike us stupid serfs, she figured out how to climb out of it. Her answer is the same as all liberal’s answers to all problems. She wants another government program to educate people on finances.

I encourage you to watch the video and read the article because there is a blaring omission as these elitists wring their hands over the plight of those of us who are their reason for living, the poor, and especially the poor without penises and who have more pigment than they do.

What they omit is the existence of a mind-bogglingly huge and expensive educational-industrial complex owned and operated by these same liberals.  One would think that since this massive complex is in their back pocket that they would point to themselves to explain the common man’s ignorance of all things financial.  But they don’t. I wonder why?

Maybe it’s because if you’re stealing from the people, you wouldn’t want to teach them that you’re going to be stealing from them, and how you’re going to go about it. Maybe it’s because ignorant and poor people are easier to enslave after you make them ignorant and poor. I’m guessing that the writers of this article are just as clueless in economics as those they bemoan, just in different ways. But the bottom line is that this article is a glaring admission that the institution is a big fat failure and that many are paying a price for its failure. But on a positive note, its failure will give these liberals lots to write and talk about for years to come as they wring their hands over the results of their programs, which is the poor working like little slaves for nothing due to the run-away “debt” being taken on by their big, bloated government and its big, bloated programs.

But it doesn’t have to be this way for your children. Teaching them about money, debt, the horrors and histories of nations with a runaway printing press, and living within your means, and holding their government to do the same, will give your children a great advantage in their lives as they live in a nation and culture in decline.

 

 

 

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