Monday, 8 September 2014

Student Debt a $Trillions$ Ticking Bomb;


----- Original Message -----
From: Len Cranford
Sent: Sunday, September 07, 2014 3:16 AM
Subject: Student Debt a $Trillions$ Ticking Bomb;

{Do you think the Government will pass laws to allow the bankruptcy of Student Debt? The other recent Debt Expansion has been auto loans; With those, you lose your vehicle with non-payment. Same with a House foreclosure. I suspect bankers will fight to keep the youngsters indentured forever since there is no way to "repossess" an Education. But everyone is missing the point of the massive vulnerability of "College" in this "New Age"; The underlying economic structure will have no need for these "educated" [in nothing but Liberalism] "system""soft hands" creatures.  If you are young, you would be much better off just going to Dentistry school. The only problem Dentists have is collections of bills. There is plenty of demand for a dentist!  In fact, there is demand for many skills having nothing to do with College; Locally here; Truck Drivers, Welders, Miners, Drillers, Front end loader and Euclid shovel operators, underground miners. Machinists-esp. CNC operators. Ha! High Demand skill;  Just a Tire installer, brakes and muffler technician could get a job at ANY major tire store. There is always plenty of demand there. Sort of like being a Nurse or Diesel Mechanic; They always NEED the people who get their hands dirty.  Locally, a machinist-welding skill in high demand; "Line boring" - restoration of heavy equipment worn out shaft bores and  parts [photos below;].  High pay and NO College.

A shocking reality; In ALL the jobs I ever had - Including "Futures Account Manager" at Paine Webber; No one EVER ASKED ME for even my High School Diploma - NOT ONCE!!!!!  Even in "Futures", the Skill was so RARE that "SKILL" was all that was required!!!  L.






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