Here is a question for the left wing college elite

It would all depend on how much damage was done by the EMP blast. Certain electronic equipment is shielded from EMP blasts so some would survive without issue; others like video games would be valueless.

 

I don't even have to waste my time listening to right wing propaganda any more. This bashing of art degrees must be just the latest your puppet masters have been feeding the flock. I kind of get the feeling that what is at play is conservative ignorance. Most colleges are colleges of liberal arts. However in this case the word "liberal" means wide ranging with "art" meaning knowledge and skills.

I'm always amazed and the things people tell themselves.

Oh well I have to go. Guess I'll just have to post something tomorrow about how you are so horribly wrong on this issue.

 

1. The Great Recession *WAS* caused by the housing crash. Willful ignorance is not a survival trait. Wake up.
2. Bringing up Kansas is an argumentative fallacy called the Red Herring. Kansas has no relation to the housing crash. The housing crash was not caused by tax policy but by the Marxist Democrats removing all loan qualification requirements for sub-prime mortgages.

The housing sector coming back is another Red Herring argumentative fallacy as well. The recovery has nothing to do with the prior bubble and subsequent crash. The S&L crisis is another Red Herring too.

Is that *all* you can offer? Argumentative fallacies?

 

My heating and air guy went to college and owns his own business so THAT guy since it is still under warranty from him.

Now, back to your premise, I don't recall saying that people who don't have a college degree are worthless. I think I have consistently pointed out that I even know Jr. High drop outs who are freaking brilliant at 1 thing, whatever that is, that they have been doing since. I am not even sure my mechanic can really read that well, but damn he's good at his job. Seen some amazing tree work done by drop outs as well.

 

One in which EMP is not nearly as apocalyptic a threat as people tend to think.

 

The Housing and Mortgage Crash?

I think of the crash as the Commission Recession.

For me, the fault rests with everyone (top to bottom) who wanted to buy and sell big ticket items (houses, cars...) that were beyond a buyer's means. Why? The commission. The lure? Greed for easy money.

I saw it happen over and over again. A guy wants to buy a house, but cannot afford one. With cheap interest rates, a realtor convinces him he can afford more house than he thought. With values rising, he can buy with nothing down. With an adjustable rate mortgage, he is assured that he payment is affordable for a few years and by the time the rate adjusts, he can re-sell the house at a profit, or re-finance. Agents get mortgage brokers to write non-qualifying loans for the buyer. Banks buy thousand of these loans and bundle them to sell on Wall Street. Wall Street turns around and sells them to investors around the world. They offer better returns than the Federal Treasury notes (2% vs 7% on average). Everyone assumes this is a perpetual motion machine.

Everyone who touches the deal makes a commission without ever worrying if the buyer is getting in over his head.

Any worries here? Of course not, except...

Sooner, or later, the economy has to slow down. People get worried. They stop buying houses. Those who want to sell their houses before Adjustable rates jump up are stuck. They default in big numbers. Investors see the quality of their portfolios crumble and stop buying new paper on Wall Street. Banks can't sell their paper to Wall Street so they stop buying too. Mortgage brokers sitting are sitting with paper they cannot sell. Realtors see their incomes plummet.

The same thing happened with new cars. People bought cars above their means with less than nothing down (ex. 100% to 140% financing). Minus-equity positions were more common by far than equity positions. Once those loans defaulted the losses were tremendous. GM and Chrysler declared bankruptcy.

The easy money turned into a hard lesson for millions.

 

Typical response from a Leftist. Bring up something completely irrelevant to change the subject.

We heard for decades how close we were to nuclear holocaust, especially during Reagan's two terms.
And Reagan ended the cold war by saying, "Mr. Gorbachev, tear DOWN this wall!"
Leftists said Reagan would "start WWIII," but instead, he hastened the breakup of the Soviet Union, which Leftists
then denied in their usual screechy, dishonest manner.

 

Well... depends what world you live in, I guess. In mine, themes related to general culture comes up more often in interesting conversations than what brand of oil you use.

Not really. I kinda have the feeling that you would't have anything interesting of your own to contribute, And I don't find it particularly enjoyable to discuss general culture with Wikipedia.

 

I didn't ask what would survive. I asked how much use your IT knowledge would be.

 

Really? You don't think an EMP blast wouldn't be apocalyptic?

Where is your food going to come from when all the tractors and trucks sit idle because either their ignition or charging apparatus are lumps of copper?

When people start dying of starvation do you suppose *they* will think the apocalypse has come?

 

You are deflecting. The Great Recession *was* triggered by the collapse of the Marxist Democrat housing bubble. People just didn't one day wake up and got worried and stopped buying houses. That happened after so many sub-prime mortgages went into default that they started a decline in the pricing of houses. THAT eventually took down the whole sector. There was more money lost by the non-sub-prime borrowers than by sub-prime borrowers.

And the collapse of the housing bubble *did* cause major problems in the financial sector. But it was the collapse of the housing bubble that caused the financial system problems, not the other way around.

 

No. Caused by over-inflated appraisals, lending to those who had no chance of meeting their loan terms, balloon loans, equity lending based on artificial value, zero down loans....
Obviously you haven't looked into the issue at all. The only jobs that suffered were related to building and small banking. No massive layoffs. Small banks caved and building companies bankrupted.

 

upside 222;

A Marxist Democrat Housing bubble triggered the housing collapse?

I know I'm going to regret this, but I'll bite. What is a Marxist Democratic Housing bubble? No, wait a minute, I'll need black coffee and no doze first... Okay, I'm back.

 

Neither should baristas with philosophy degrees...

 

Stafford Loans (government loans) for college cannot be bankrupted. Students have loan entrance and exit counseling which clearly state's it.

 

I wouldn't expect someone of such an age to make such a claim. Where is your proof of this?

 

What have you noticed about mortgage rates then vs. now?

 

Fair enough; my response is this: quite a bit depending on market conditions.

 

That housing bubble was pure capitalism dude.

But ya know...those nice bankers ...well ya gotta take care of them...

 

The logical and critical thinking skills would be in demand in figuring out how to survive in the aftermath.

 

No, it takes a Ph.D in plumbing to fix a toilet.

 

If you don't have critical thinking skills, you can't understand the value of critical thinking skills.

You can't explain color to someone who can only see in black and white.

 

Technically it is possible to teach critical thinking skills but that assumes that the mental capability already exists. That is not always the case when it comes to those who emote rather than think for themselves. Emoting shuts down thinking.

 

I firmly believe that critical thinking can be taught. But one has to desire to learn.

I tutored my way through college. One of my best students [financially] was a chemistry student who was mentally challenged. But she worked three times harder than everyone else and got through a year of college chem with a B, IIRC. I had other students who were far smarter but gave up.

PS. My other best student financially, was this gorgeous blonde who came from a rich family and didn't want to do any work. So for a year a held her hand while drooling in my lap. I made a small fortune on her. The real irony being, she was so gorgeous that I would have tutored her for free just to spend time with her.

 

What has been projected for the last 40 years is that a 4 year degree or better is required to be a contributor to our economy. It is fed to students through the 12th grade. This projection has nothing to do with productivity but rather a ploy to expose them to leftist ideology. Our universities are controlled by leftist/Marxist ideologues. It has worked.
PC gives them a corner on the market of ideas.