You know that there is something seriously fundamentally wrong when....
80 2016-03-14 by Tunderbar1
You know that there is something seriously fundamentally wrong when ....
.... people graduate high school not having been taught the basics of personal finance.
That cannot be accidental.
45 comments
23 Ethyl_Mercaptan 2016-03-14
Look up the company "Pearson PLC". They are one of the largest suppliers of learning material.
Then look at the board... you will find a nice list of bankers and others involved in corporate finance.
https://www.pearson.com/about-us/board-of-directors.html
7 Tunderbar1 2016-03-14
FFS. That simply cannot be accidental or by chance.
17 Ethyl_Mercaptan 2016-03-14
If you understood that there are more types of slavery beyond the chattel slavery (direct owenership of another person) that we all understand, then you might begin to understand that our system is formed on debt slavery, both personal and public.
And once you understood that... then you might have to actually do something about it.
2 PythonEnergy 2016-03-14
There is a reason that USAans have to be told that they are living in the "land of the free" day after day. The basic tool of brainwashing is repetition.
3 lionhart280 2016-03-14
No its not. A board of directors are in charge of making the financial decisions for a company. They do not choose the curriculum for schooling (thats the government), they also dont pick what goes into the books.
They have absolutely nothing to do with the decision making process of what goes into textbooks. Thatd be editors who are pretty much always people with doctorates on the subjects. You can actually look at the back of any textbook to find the list of people who wrote it, and you'll find the source materials all come from scholars... since thats kind of what scholars do. Theyre generally people with masters/doctorates in Education, majoring/minoring in the subject of the text.
IE a physics textbook probably was dictated and editted by someone with a Masters in Education, Majoring+Minoring in a combination of physics/math/stats/chem.
The board of directors are in charge of stuff like hiring, investing, choosing which city to put the next office in, choosing the best suppliers for the books, landing deals... that kind of shit.
And all of what goes in the book is laid out by the Government of that country, pretty much all first world countries have school curriculums laid out in the Federal area, so they have a board of education of some kind (in Canada we have the Canadian School Board Association, who make choices for schools across the whole country, which sometimes takes the form of 'this topic will be handled at a provincial level' etc etc)
They then hand a list of topics that textbooks need to cover to companies like Pearson, and they have to make sure their books hit all the checklists.
So go take a look at the chair members of your countries federal board on education, thats who you want to scrutinize, they make these decisions.
2 pshawman 2016-03-14
Maybe like hiring writers and editors?
1 lionhart280 2016-03-14
Correct. But the decision making process on what goes in the books is completely out of their hands. They are given a pretty strict list of what goes in the book and they have to follow it.
1 pshawman 2016-03-14
Cite this reference then. Until then you're some random internet guy who claims to know the inner workings of a global publisher.
1 lionhart280 2016-03-14
I'm an Education Major studying for my masters in education, aiming to do some of this very work myself as well as eventually intending to go for a full doctorate and make some changes to the Alberta education system down the road.
Why the fuck would you even think a publisher would have anything to do with whats in the school curriculum? Being suspicious of businessmen being in the very job their credentials are for is fucking retarded.
Theres so many layers of idiocy to this entire argument I don't even know where to start.
To try and connect financial majors in a financial position of a textbook manufacturing company to issues in school policies is so absurd it makes my head hurt.
A business major in a CEO position? How fucking astonishing! A bank manager in charge of financial decisions? Somethings afoot!
Its people like you who make those of us actually trying to look for real problems all look like a bunch of crazies.
6 flyyyyyyyyy 2016-03-14
TIL...
4 know_comment 2016-03-14
also see "Common Core"...
15 [deleted] 2016-03-14
[deleted]
6 Vitalogy0107 2016-03-14
That is pretty terrifying.
1 jarxlots 2016-03-14
And in 3 more years I can talk about what I did to them. Greedy bastards.
1 bitcoin_noob 2016-03-14
From what I can tell, maybe one or two of them may have been involved in the 'finance sector', which isnt surprising considering, ya know, they're on the board of a large company.
So I'm not sure what your point is unless you're trying to make us look like nutters.
9 TallestSkil 2016-03-14
People graduate college with degrees in finance not having been taught how it works. People don’t know how it works until they start working for the Fed, and then it slaps them in the face but at that point they can’t say anything or they’ll be disappeared.
9 sep11insidejob 2016-03-14
I fucked up my credit right off the gate. Lost a decade to sort shit out.
9 Startoverdarling 2016-03-14
I was home schooled most of my schooling years except high school; it was a horrifying, eye opening experience to finally be put into a classroom full of 15-16 year olds who couldn't read a paragraph clearly or even understand what they had just read. Also no finances were taught but I'm grateful to have had that personal finance/balancing your check book lesson taught by my mother when I was around 12-13 years old. The public education system is a JOKE, a glorified babysitting service if anything.
8 Grandfoot 2016-03-14
This. I graduated with other students(2008) who had issues reading and sounding words aloud. Even basic skills such as being able to write out ones ideas and express ones opinion clearly and concisely was near impossible.
Meanwhile the teachers just kept passing these students because they felt bad for them, instead of finding out why they hadn't gotten the attention to help them with their weak area's they did what the last teacher did sign off and let them walk out. Mind you these people weren't the "happy to learn" types they didn't want to be there.
13 pork_scholarship 2016-03-14
No one in k-12 wants to be there. Even the hard workers are only doing it for a 'future'.
The reason is because we are not taught HOW to think, but WHAT to think. Children are inquisitive by nature, but that doesn't mean they want to be molded for 6 hours a day in disjointed classes metered by a pavlovian bell.
Old school houses had it better, the older children can help with the younger so they get both sides of the education. Further things like the Trivium, Quadrium, and Great Conversation are completely gone from school.
John Taylor Gatto wrote about this in a few great books. Dumbing Us Down is a good intro.
2 PetesProductions 2016-03-14
I endorse this comment.
2 jefraldo 2016-03-14
I endorse this endorsement.
1 Grandfoot 2016-03-14
I will have to read that.
8 NonThinkingPeeOn 2016-03-14
Schools only care about student attendance so that they can get their daily allowance from the government. Each student represents a dollar sign. After school gets their money the student is no longer useful to them. The teacher's and faculty's job security is assured. Passing grades are easily given to all students and everything looks good on paper.
0 Grandfoot 2016-03-14
Its sad because at some level if there "guardians" had cared about there "grades" they'd at least be better off. Not to save the education is at all what anyone needs to be a functioning adult, but people who can't do to basic math (Add, Subtract, Multiply, and divide) in their heads are sad. That is a life skill.
1 Britt121 2016-03-14
Former gov/econ teacher here. I would get seniors in my class who could barely ready or write and administration would make your life hell for failing kids. They didn't want fail rates to look bad as it made the school look bad which hurts property values in the area. The system sucks...
1 Grandfoot 2016-03-14
Its a sad world we live in.
We can afford to upend other governments and kills hundreds of people a day. All the while we cut budgets for the things that truly matter. no more are or music blocks in schools because we need to build more drones for our invasion of the blue sky.
One must always be looking for a bigger and badder stick.- US foreign policy
6 HarvardGrad007 2016-03-14
I'm amazed by the sheer lack of curiosity my Ivy League friends have about the world around them. Let's use the TPP as an example.
Not one person I have brought it up to had heard of it. After we spoke about it nearly all of them go 'do their research.' This amounts to a Google search and clicking on one of the top links that mentions 'Free Trade' or something similar.
'I've checked that out, Free Trade is something I support, why are we still talking about this?'
I wish I was kidding.
5 wanktown 2016-03-14
Schools are instituted by the state, which is a political body.
“In politics, nothing happens by accident. If it happens, you can bet it was planned that way.” - President Franklin D. Roosevelt
Thralldom-Based Education A documentary which explores the origin, purpose and contemporary manifestation of government-controlled education.
3 make_mind_free2go 2016-03-14
no, it's no accident. nothing has been 'an accident', i'm sure everything was planned to bring us to this point.
the world is a mess & was made that way. TPTB are pretty sick.
3 wanab3 2016-03-14
...Or math or reading. Overcrowding and lack of teachers is to blame. Being that teachers are underpaid and education accounts for less than 2% of government expenditures. It's certainly intentional.
3 magnora7 2016-03-14
Oklahoma, of all states, actually just passed legislation last year to add a personal finance course to the public high school curriculum. So there's definitely loads people who agree with you, even in Oklahoma
2 oxide-NL 2016-03-14
In my teenage years i came to the conclusion that education
was kinda like A tribe teaching you how to process and cook meat
But they never teach you how to hunt I dropped out of school at the age of 20.
I fucked up in so many ways and have hit the ground,
heck even went rock bottom. But 6 years later i'm a self thought hunter
I co-own a company with my trustee, a friend since childhood
And the last two years since we started the company has been rather good to us
I guess around the age of 30 I'll find out if i made the right choices in life or not.
Not that i would recommend this path.
But it did teach me that you can do pretty much anything
as long if you keep passionate about it and keep envisioning where
you wanna be. who you suppose to be, the best possible you.
life has the strange tendency to hand you the tools it's just
the art of seeing them when they are presented to you.
1 RevoltAmericas 2016-03-14
The first time you take PA is in college, and there are quite a few pre-reqs/reqs before you cna even take it.... Debt part makes complete sense. I know way to many people who grad. HS and have no idea what to do with their money (what little they have) and the last thing they think about is an accountant or learning Personal Finace themselves. (First is really expensive and I would rather be my own account then have one who skims off the top of my shit. My family(Pa) owns quite a few buisnesses in our town alone.... the accountant/payroll person def skims from the top, she edits out hours from paychecks and somehow keeps few hundred for herself.(fuckin' cunt)...
Honestly without my fam Id be dead... Dead. My diabetes insulin is 541$ a month, a month! My thyroid(30-50~mth),Subxne(442$/mnth), Teststrips(500$ 3Mnth(notevenjoking)...and 1,500$ a month(insurance wont cover) for injections in my eye to stop the cancerous overgrowth of veins in my eyes...(1.5k$ for one eye... 3k$ both eyes, monthly, for a year).... Not including rent 750$ a month,at the least. Food 150$ a month(severe stomache issues can rarely eat, 150$ may be generous). Oh and all the doc visits where insurance wouldnt cover... or over my prem for being sickly.... Its just outragous.
2 NomadStrategy 2016-03-14
why not get medicine from abroad? This would not cost 10% that in Asia.
1 moredangerous 2016-03-14
Really? That's the issue you attach to as seriously fundamentally wrong?
3 Tunderbar1 2016-03-14
It is one issue.
1 Outofmany 2016-03-14
Or this is propaganda.
1 Moug-10 2016-03-14
Fortunately, I've been watching my parents paying the bills, the taxes (they don't pay because they don't earn much, but they fill the taxes annually) and even writing checks (although, I just wrote one check in my life).
They always tell me that I will have my own home one day and I have to know the basics.
0 pear22 2016-03-14
When I started living on my own my mother taught me how to balance my budget. The way my parents taught me how to ride a bicycle and all sorts of stuff. School isn't for live lessons, parents are.
2 Tunderbar1 2016-03-14
I disagree that it is a "live lesson". It's basic finance. Math 101.
0 pear22 2016-03-14
It's probably a difference of how one would view the educational system, I'm talking about a European perspective where certain educational parts are viewed as something the parents take care of. Instead of expecting the child to be learned every aspect of being a responsible adult.
3 Tunderbar1 2016-03-14
You need both good basic schooling in basic bookkeeping or basic accounting or maths of finance, plus parents imparting some life wisdom.
But there is no reason why the schools can't cover this in a week of their maths classes.
1 pear22 2016-03-14
are you saying bookkeeping isn't part of what is taught in US schools these days? That's crazy :(
3 Tunderbar1 2016-03-14
Not sure about the US, but in Canada, it isn't in the general curriculum. If you take a business or accounting, or book keeping related major, yes. If science or general studies, likely no.
1 pear22 2016-03-14
Oh Jesus holy lord
7 Tunderbar1 2016-03-14
FFS. That simply cannot be accidental or by chance.
6 flyyyyyyyyy 2016-03-14
TIL...
4 know_comment 2016-03-14
also see "Common Core"...
1 jarxlots 2016-03-14
And in 3 more years I can talk about what I did to them. Greedy bastards.
0 pear22 2016-03-14
It's probably a difference of how one would view the educational system, I'm talking about a European perspective where certain educational parts are viewed as something the parents take care of. Instead of expecting the child to be learned every aspect of being a responsible adult.
1 bitcoin_noob 2016-03-14
From what I can tell, maybe one or two of them may have been involved in the 'finance sector', which isnt surprising considering, ya know, they're on the board of a large company.
So I'm not sure what your point is unless you're trying to make us look like nutters.