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October 15, 2011

More on Mark Cuban’s student loan idea

bronze-by-gold said:  Brilliant? In what universe? Student loans are often used to cover living expenses while in school, and using poorly paid TAs to reduce the cost of education is exploitative.

» SFB says: The argument Cuban is making is one of efficiency. I think the idea that he’s getting at is that the price of college has gotten more expensive because student loans are easy to get. It artificially raises prices for such things like living expenses, forcing the need for more expensive loans. By limiting their spiraling cost, it forces the market value of an education down. Obviously, there is more that goes into it than that, but when schools don’t become so reliant on money that no longer exists, artificially-inflated products — say, $200 textbooks for subjects thousands of students take — will become less justifiable. Would it be perfect? No. But it’s an interesting idea that could easily be built upon. (Also worth reading is this argument against Cuban’s idea, which makes a valid argument that he’s not taking every element into account.) — Ernie @ SFB

18:23 // 2 years ago
October 14, 2011
bobbycaputo:

villagevoice:

Arrest photos from this morning’s Occupy Wall Street march/standoff. Pretty sure that’s a baton connecting with a dudes back. See more photos here

Oh, That’s gotta hurt.

Oh wow. Yeah, the protests got pretty rough today in NYC, but they’re not alone. The folks in Denver weren’t so lucky — they lost their protest spot. And Occupy Seattle was in a similar boat.

bobbycaputo:

villagevoice:

Arrest photos from this morning’s Occupy Wall Street march/standoff. Pretty sure that’s a baton connecting with a dudes back. See more photos here

Oh, That’s gotta hurt.

Oh wow. Yeah, the protests got pretty rough today in NYC, but they’re not alone. The folks in Denver weren’t so lucky — they lost their protest spot. And Occupy Seattle was in a similar boat.

13:01 // 2 years ago
Brookfield believes they can work out an arrangement with the protesters that will ensure the park remains clean, safe, available for public use, and that the situation is respectful of residents and businesses downtown.
NYC Deputy Mayor Caswell F. Holloway • Discussing the near-disaster Occupy Wall Street had last night, after Zucotti Park owners Brookfield tried to force people away from the park for cleaning — which many park-dwellers assumed was an attempt to kick them out. The city, which claims it’s acting in the interests of the company that owns the park, has put the ball in Brookfield’s court. Despite the company and city backing down, there have been violent clashes between the police and protesters today. source (viafollow)
12:27 // 2 years ago
October 13, 2011
jayrosen:

Reuters vs. Reuters: News agency makes an ass of itself by trying to connect George Soros to Occupy Wall Street.
But some Reuters people realize it, and call their company out!
Reuters then backs down, changing the story line on its report.  Or does it? [more]

Jay Rosen has really shown his value as a media commentator in the past few weeks, and this piece is another example of that. We didn’t shout loudly about this story earlier, but we were confused as to why Reuters ran it. One person responded to our earlier piece, which asked aloud if it was worth Reuters’ time to report an in-depth investigation on this topic, by suggesting this: "Responsible journalism requires checking of ALL claims, not picking and choosing which to follow up on." Maybe so, but in this case, perhaps there was a point where someone could’ve said after doing due diligence, “this isn’t a story, and it’s not worth our time.” Because, let’s face it, connecting tens of thousands of dollars indirectly donated by a billionaire a couple of years ago seems silly when you consider that two other billionaires notably give millions of dollars each year to a similar movement. It’s a revelation that puts this story in sharp relief — a sharp relief that isn’t even mentioned in the original article.

jayrosen:

Reuters vs. Reuters: News agency makes an ass of itself by trying to connect George Soros to Occupy Wall Street.

But some Reuters people realize it, and call their company out!

Reuters then backs down, changing the story line on its report.  Or does it? [more]

Jay Rosen has really shown his value as a media commentator in the past few weeks, and this piece is another example of that. We didn’t shout loudly about this story earlier, but we were confused as to why Reuters ran it. One person responded to our earlier piece, which asked aloud if it was worth Reuters’ time to report an in-depth investigation on this topic, by suggesting this: "Responsible journalism requires checking of ALL claims, not picking and choosing which to follow up on." Maybe so, but in this case, perhaps there was a point where someone could’ve said after doing due diligence, “this isn’t a story, and it’s not worth our time.” Because, let’s face it, connecting tens of thousands of dollars indirectly donated by a billionaire a couple of years ago seems silly when you consider that two other billionaires notably give millions of dollars each year to a similar movement. It’s a revelation that puts this story in sharp relief — a sharp relief that isn’t even mentioned in the original article.

21:44 // 2 years ago
10:12 // 2 years ago
October 10, 2011
The Occupy Wall Street movement is spreading quickly to many cities and states, and could possibly become a nascent third party within the Democrats. Predictably, it is being attacked from the right as “socialist.” Actually, it is capitalist, but believes in the regulation of capitalist institutions. What we live under now is a system of Corporate Socialism, a welfare state for the rich. It seems to me that your politics can be defined by whose side you are on. Tea Party members are mostly on their own side. They believe they should pay lower taxes, or none. If we can’t pay for health care, tough luck. The Occupation forces, who seem more affluent and might benefit more from lower taxes, are on the side of those being exploited by an unregulated Wall Street.
Roger Ebert (via azspot)

It’s remarkable how few seem to grasp this fairly basic concept. (via danielholter)

(via apoplecticskeptic)

20:01 // 2 years ago

Not a banner day for Geraldo Rivera: In a crowd with fresh memories of Jesse LaGreca’s epic takedown of Griff Jenkins, Geraldo’s not-so-warm welcome is a tad heartwarming. Now, granted, his coverage of the protests — complete with Tavis Smiley and Cornel West talking from a studio — was pretty balanced, and not in that “Fair and Balanced” way, either. But his network affiliation led to some chants over his news broadcast — not fun — and eventually led to this rough exit, captured by Russia Today. source

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9:35 // 2 years ago
October 9, 2011
Ladies and gentlemen, a GOP candidate who expresses open support for the Occupy Wall Street movement. Former Louisiana Gov. Buddy Roemer may not be killing it in the polls like the OWS-bashing Herman Cain these days, but this symbolic gesture is going to go a long way for him. (thanks Evan Fleischer)
Edit: To be fair, Ron Paul offered conditional support for the protests last week.

Ladies and gentlemen, a GOP candidate who expresses open support for the Occupy Wall Street movement. Former Louisiana Gov. Buddy Roemer may not be killing it in the polls like the OWS-bashing Herman Cain these days, but this symbolic gesture is going to go a long way for him. (thanks Evan Fleischer)

Edit: To be fair, Ron Paul offered conditional support for the protests last week.

(via evanfleischer)

23:06 // 2 years ago
Some might see a crass corporate attempt to latch onto a movement that fits well with the company’s branding. We see a progressive company showing its pre-corporate roots. (via Percolate)

Some might see a crass corporate attempt to latch onto a movement that fits well with the company’s branding. We see a progressive company showing its pre-corporate roots(via Percolate)

19:57 // 2 years ago