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Comment Re:Forget ratings, measure ROI. (Score 1) 302

I live in the US, and have attended several colleges. State college, private college, and community college. It is expensive, but I've never seen these $28k per year schools. It took me six years to finish my degree, once I got serious (I worked full-time and was supporting a wife and kids), and I graduated with about $50k in student loans. Yes this is too high, but not anywhere near 28k a year. I graduated from a state-run university. Even the private college I went too, after scholarships, I probably could have graduated with only around 10k in student loans. But I don't know what the overall cost was with room and board.

Comment Re:Covering butt (Score 1) 125

And that's why a new tax plan that only pays for the govt by property taxes. No more income taxes. If you own a house, you pay taxes, if you rent, you don't. Own a 5 million dollar house? You pay a lot more money than someone who owns a 100k house. Own an expensive warehouse, split the cost between all your customers. Seems like a workable plan.

Comment Re:at some point... (Score 1) 827

My wife and I both went to school for free while I worked full-time. We do have massive student loan debt, but we we knew we would. I regret it now, but it sure was fun spending all that money at the beginning of every semester, so I count it as money well spent.

Comment Re:I don't get it. (Score 1) 336

Comparing gun control in Britain with gun control in the US is like comparing British and US comedy. If Honey Boo Boo is funny for the US, it must be good enough for the British.

(If you don't know who Honey Boo Boo is, count your blessings. I've seen one commercial, and it saddened me that I was an American).

Comment Re:Legal (Score 1) 176

Taking money from dumb people should never be illegal. If you're dumb enough to believe that a Nigerian prince needs $50k to transfer $100m to the US. Then by all means, this should be legal.

Ponzi schemes should be evaluated on a case-by-case basis, but the burden of proof should be on the schemed.

For instance, if I ask you for $1k, and promise to return you $10k in 6 months with no proof or explanation of my scheme, that should be perfectly fine and legal.
On the other hand, if I have a porftolio with 100 other investors, and their phone numbers and you call them, and they say yeah this is legit, this man is a genius, blah blah blah. And I take you're money and flee the country, then yes that should be prosecuted to the fullest extent of the law.

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