[ucodegen]

[quote pri_dk]Debt is not always bad, and the situation is not as bad as many make it out to be.

(Don’t agree that debt is not always bad? Then answer this: Why is Rich’s investment firm suggesting that it would be a very smart move for people to refinance into a 30 year loan right now?)[/quote]
Refinancing debt to lower existing debt costs is not the same as getting more debt, so this is not a good example.

Good vs Bad debt is more dependent upon what the debt is used for and what is the return on the debt minus the cost of the debt (net proceeds of the indebtedness)

[ucodegen]

[quote pri_dk]Debt is not always bad, and the situation is not as bad as many make it out to be.

(Don’t agree that debt is not always bad? Then answer this: Why is Rich’s investment firm suggesting that it would be a very smart move for people to refinance into a 30 year loan right now?)[/quote]
Refinancing debt to lower existing debt costs is not the same as getting more debt, so this is not a good example.

Good vs Bad debt is more dependent upon what the debt is used for and what is the return on the debt minus the cost of the debt (net proceeds of the indebtedness)

[ucodegen]

[quote pri_dk]Debt is not always bad, and the situation is not as bad as many make it out to be.

(Don’t agree that debt is not always bad? Then answer this: Why is Rich’s investment firm suggesting that it would be a very smart move for people to refinance into a 30 year loan right now?)[/quote]
Refinancing debt to lower existing debt costs is not the same as getting more debt, so this is not a good example.

Good vs Bad debt is more dependent upon what the debt is used for and what is the return on the debt minus the cost of the debt (net proceeds of the indebtedness)

[ucodegen]

[quote briansd1]Of course, Britain has royalty and an international upper class.[/quote]
I think that ‘getting rid of’ the landed aristocracy has actually helped France. I wouldn’t be too surprised to see all sorts of tax exemptions for the landed aristocracy in Britain. It is interesting to note of the wealthy media people in the US buying large land holdings in Britain.. though I don’t hear that much of it occurring France.

[ucodegen]

[quote briansd1]Of course, Britain has royalty and an international upper class.[/quote]
I think that ‘getting rid of’ the landed aristocracy has actually helped France. I wouldn’t be too surprised to see all sorts of tax exemptions for the landed aristocracy in Britain. It is interesting to note of the wealthy media people in the US buying large land holdings in Britain.. though I don’t hear that much of it occurring France.

[ucodegen]

[quote briansd1]Of course, Britain has royalty and an international upper class.[/quote]
I think that ‘getting rid of’ the landed aristocracy has actually helped France. I wouldn’t be too surprised to see all sorts of tax exemptions for the landed aristocracy in Britain. It is interesting to note of the wealthy media people in the US buying large land holdings in Britain.. though I don’t hear that much of it occurring France.

[ucodegen]

[quote briansd1]Of course, Britain has royalty and an international upper class.[/quote]
I think that ‘getting rid of’ the landed aristocracy has actually helped France. I wouldn’t be too surprised to see all sorts of tax exemptions for the landed aristocracy in Britain. It is interesting to note of the wealthy media people in the US buying large land holdings in Britain.. though I don’t hear that much of it occurring France.

[ucodegen]

[quote briansd1]Of course, Britain has royalty and an international upper class.[/quote]
I think that ‘getting rid of’ the landed aristocracy has actually helped France. I wouldn’t be too surprised to see all sorts of tax exemptions for the landed aristocracy in Britain. It is interesting to note of the wealthy media people in the US buying large land holdings in Britain.. though I don’t hear that much of it occurring France.

[ucodegen]

It starts getting hard to believe what the main-stream-media is saying, particularly when they omit one very important aspect on the S&P downgrade. This is the ability of congress to get it’s spending in order and cut the debt. Of particular concern was the growth in entitlement costs and inability for congress to reign in those costs. Entitlement costs are one of the things that the “Tea Party”ers were pointing out. This situation is one where neither approach of increasing taxes nor budget cuts will work alone.

That said, I am not giving the “Tea Party” a free pass. Too many extreme points of view seem to try to attach themselves as representative of the “Tea Party”. The “Tea Party” group needs to find out exactly what they want to have as their position and shed the extreme elements. This will help them to keep on target. Both the Republicans and Democrats want the “Tea Party” to be represented as far extreme because it keeps everyone distracted from the lack of representation that the existing mainstream parties have presented to the American citizenry.

[ucodegen]

It starts getting hard to believe what the main-stream-media is saying, particularly when they omit one very important aspect on the S&P downgrade. This is the ability of congress to get it’s spending in order and cut the debt. Of particular concern was the growth in entitlement costs and inability for congress to reign in those costs. Entitlement costs are one of the things that the “Tea Party”ers were pointing out. This situation is one where neither approach of increasing taxes nor budget cuts will work alone.

That said, I am not giving the “Tea Party” a free pass. Too many extreme points of view seem to try to attach themselves as representative of the “Tea Party”. The “Tea Party” group needs to find out exactly what they want to have as their position and shed the extreme elements. This will help them to keep on target. Both the Republicans and Democrats want the “Tea Party” to be represented as far extreme because it keeps everyone distracted from the lack of representation that the existing mainstream parties have presented to the American citizenry.

[ucodegen]

It starts getting hard to believe what the main-stream-media is saying, particularly when they omit one very important aspect on the S&P downgrade. This is the ability of congress to get it’s spending in order and cut the debt. Of particular concern was the growth in entitlement costs and inability for congress to reign in those costs. Entitlement costs are one of the things that the “Tea Party”ers were pointing out. This situation is one where neither approach of increasing taxes nor budget cuts will work alone.

That said, I am not giving the “Tea Party” a free pass. Too many extreme points of view seem to try to attach themselves as representative of the “Tea Party”. The “Tea Party” group needs to find out exactly what they want to have as their position and shed the extreme elements. This will help them to keep on target. Both the Republicans and Democrats want the “Tea Party” to be represented as far extreme because it keeps everyone distracted from the lack of representation that the existing mainstream parties have presented to the American citizenry.

[ucodegen]

It starts getting hard to believe what the main-stream-media is saying, particularly when they omit one very important aspect on the S&P downgrade. This is the ability of congress to get it’s spending in order and cut the debt. Of particular concern was the growth in entitlement costs and inability for congress to reign in those costs. Entitlement costs are one of the things that the “Tea Party”ers were pointing out. This situation is one where neither approach of increasing taxes nor budget cuts will work alone.

That said, I am not giving the “Tea Party” a free pass. Too many extreme points of view seem to try to attach themselves as representative of the “Tea Party”. The “Tea Party” group needs to find out exactly what they want to have as their position and shed the extreme elements. This will help them to keep on target. Both the Republicans and Democrats want the “Tea Party” to be represented as far extreme because it keeps everyone distracted from the lack of representation that the existing mainstream parties have presented to the American citizenry.

[ucodegen]

It starts getting hard to believe what the main-stream-media is saying, particularly when they omit one very important aspect on the S&P downgrade. This is the ability of congress to get it’s spending in order and cut the debt. Of particular concern was the growth in entitlement costs and inability for congress to reign in those costs. Entitlement costs are one of the things that the “Tea Party”ers were pointing out. This situation is one where neither approach of increasing taxes nor budget cuts will work alone.

That said, I am not giving the “Tea Party” a free pass. Too many extreme points of view seem to try to attach themselves as representative of the “Tea Party”. The “Tea Party” group needs to find out exactly what they want to have as their position and shed the extreme elements. This will help them to keep on target. Both the Republicans and Democrats want the “Tea Party” to be represented as far extreme because it keeps everyone distracted from the lack of representation that the existing mainstream parties have presented to the American citizenry.

[ucodegen]

[quote=Fearful]What do you expect from CNN. “Linear equations”? “Matrix calculus”? I did my undergrad in physics, and I have to say I could not explain to someone what a linear equation is and how it is different from a non linear equation. Matrix calculus? I suppose I probably would know it if I saw it, but the name does not ring a bell.[/quote]
How about Linear Algebra and Vector Calculus.. they do exist. I can Xerox the cover of some text books. I suspect that the CNN writers decided to exaggerate the field to make the teacher look more ‘special’. I also suspect that the salaries were listed as below the actual. Something is definitely screwy in the article.

http://www.fldoe.org/eias/eiaspubs/pdf/tchsal10.pdf
http://teacherportal.com/salary/Florida-teacher-salary

I noted a good percentage of Masters degrees, but there was no correlation between salaries and what field of study that the Masters was done in, nor what field they were teaching.
NOTE: Starting salary is listed as $33K, Average salary is $46K.

[quote=Fearful]It’s “Caltech”, by the way.[/quote]
Unless he is talking about this group: http://www.caltech.com/Pages/Default.aspx

The mis-capitalization is understandable considering that Caltech stands for “California Institute of Technology”.. which incidentally includes JPL.(http://www.jpl.nasa.gov/)

[ucodegen]

[quote=Fearful]What do you expect from CNN. “Linear equations”? “Matrix calculus”? I did my undergrad in physics, and I have to say I could not explain to someone what a linear equation is and how it is different from a non linear equation. Matrix calculus? I suppose I probably would know it if I saw it, but the name does not ring a bell.[/quote]
How about Linear Algebra and Vector Calculus.. they do exist. I can Xerox the cover of some text books. I suspect that the CNN writers decided to exaggerate the field to make the teacher look more ‘special’. I also suspect that the salaries were listed as below the actual. Something is definitely screwy in the article.

http://www.fldoe.org/eias/eiaspubs/pdf/tchsal10.pdf
http://teacherportal.com/salary/Florida-teacher-salary

I noted a good percentage of Masters degrees, but there was no correlation between salaries and what field of study that the Masters was done in, nor what field they were teaching.
NOTE: Starting salary is listed as $33K, Average salary is $46K.

[quote=Fearful]It’s “Caltech”, by the way.[/quote]
Unless he is talking about this group: http://www.caltech.com/Pages/Default.aspx

The mis-capitalization is understandable considering that Caltech stands for “California Institute of Technology”.. which incidentally includes JPL.(http://www.jpl.nasa.gov/)

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