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Oct 10, 2011

Avoiding Bubbles — The California Dream Act

Posted by in categories: business, economics, finance, open access

The California Dream Act.

The banking industry is likely California Dreaming about the day when more states get their act together. …For those of us who think that the US will see a bubble in the education industry caused by its efforts to distribute human kind’s knowledge communities outside of the affluent elite, they shouldn’t hold their breath.

The Cali Dream Act could seem like an altruistic attempt to empower our desperate relatives converging on US cities, but there are some fiscally desperate economics behind this proverbial triumph over “social evil”, as if such a thing ever existed…LOL

For-profit and Not-for-profit education is big business…consider the $4.9B income of the Apollo Group, owner of University of Phoenix or the pride of the west coast’s $16.5B endowment at Stanford University. All of these are affected by the arbitrage (my favorite word smile ) in an industry… losing applicants with the confidence that a degree or certificate is honestly their best investment.

One thing is for sure, the US is the largest knowledge community on the planet currently, and one thing it can still sell the world’s consumers on, is that they’ll want to tap into the experience in their quest to secure the ideal 20th century standard of success. To be redundant, the 20th century American Dream is still the benchmark for making it in 2011 for the vast majority world around us…even as those of us investing in the future would harshly disagree. Where better to catch a dream life than in California…or even Michigan, with residents exiting at record paces.

The reality is that undocumented immigrants are a new class of Americans or non-Americans to sell long-term deferred and/or short term deferred loans. Its an ideal way to build collateral on the balance sheet of a lending company ;-). I’m not only expecting for more states to echo California’s legislative desperation/foresight (call it how you like), but I am expecting for the near future to offer American educations with State and possibly Federal assistance (at a taxable premium + interest) to undocumented immigrants of the US… and even foreign nationals with no immediate intent on coming to the US for legal or illegal residency. It’ll be called globalization

The US education models designed by the non-profit traditional institutions and technologized (new word for me…lol) by the more agile for-profit institutions, will be distributed throughout the world at the rate of technologies acceptance in foreign countries.

And, of course, where there is government support (large pot of $), private speculation (smaller pots of $) will follow its low risks. fueling the distribution of what we know and what we are exploring.

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Comment — comments are now closed.

  • Dave Francis on October 10, 2011 6:19 pm

    When California has a $20 to 24 billion dollar deficit, amid the State suffocating under the millions of illegal immigrants that have invaded, that passing illegal immigrant ‘Dream Act’ defies any logic? California has now joined Texas and a few other states, giving taxpayers money for tuition, while legal Texas students are left out? Where does Liberal Governor Jerry Brown have the nerve to add another $23 million to $40 million annually for taxpayer backed tuition for illegal immigrant students? It’s estimated that 2,500 illegal alien students will qualify for taxpayer aid under the bill. This is the height of disgusting and incomprehensible when US citizens and legal resident, cannot get in-state tuition after their family brought them to America through legal means or the baby was born here. Brown may have past a Californians version of the unsuccessful policy, but those children and adult students have no citizenship standing? They cannot gain any citizen rights under the current system and can still be arrested under current law—unless President Obama has another cheap trick, like bypassing the “rule of Law.”

    Adverse politicians to this ‘Dream Act’ law stated, that it will further attract millions more foreign nationals, across the state border. California–A far left Liberal state and identified as a Sanctuary State, will soon be very much aware of not only more people pouring through the border or flying into LAX international air terminal. But hundreds of thousands, may be millions will skirt immigration laws and illegal alien families will further collapse any chance of California outgrowing their financial insolvency, as scatterings from the new enforcement policing laws enacted currently in Alabama, Arizona, Georgia and very soon arrive in that state. Jerry Brown will have to face the voters in the future, when the reckoning comes? But then Jerry Brown and his minions in the state capitol of Sacramento is immersed in Liberal doctrines, that’s why the Golden State has massive welfare problems.

    There is a grading system for immigration records for each member of the GOP contenders for President and by reading this chart at NumbersUSA, you can judge for yourself, who clearly has the best evaluation of working for the American people and not the special interest lobbyists. Rick Perry, former Texas governor has poor results and the only personages who show great promise is Bachmann, Cain, Romney, with the rest of the pack trailing behind. Rick Perry however did try to pass a Voter ID law, but it was lost in a filibuster by the Democrats. The left will do anything to alter the direction of close elections—even to turning a blind eye to illegal aliens voting and destroying the integrity of citizens voting. When America is trying to overcome the 14 Trillion dollar federal deficit, we cannot afford to keep subsidizing the rest of the world’s poor. In fact the daily quota of illegal aliens who slip past our fence, just adds to the poverty already spreading here. Much of that poverty is brought into our nation, by these very individual, that ICE and the Border Patrol try to keep out.

    YOU ARE THE VOTERS AND YOU CAN STOP THE MERCILESS INTIMIDATION OF ARIZONA, ALABAMA, GEORGIA AND OTHER STATES THAT UNITE?

    The agenda of the U.S. Government have cultivated this mess over thirty years, but the major dilemma came after the 1986 Immigration Control and reform Act. Now that Governor Brown has signed into law the state-only ’Dream Act’ he has assured illegal immigrants will get–public money. Whether they get tuition money from Taxpayers, they are still illegal aliens and under the new Lamar Smith’s E-Very bill, their illegal parents will have to self deported, once they find jobs are no longer available to them. This is because “LEGAL WORKFORCE ACT” (H.R. 2885) after passage, will be a mandatory deterrent, to rid foreigners taking jobs from Americans workers. Corporations, businesses–large or small, will be held accountable, specifically under the growing nationwide influence of the TEA PARTY.

    America always desires professional highly-skilled occupations, who will not become a taxpayers liability? But what is happening is greedy companies using less than honest attorneys to fill in the paperwork for second-rate workers, who definitely don’t fill the requirements of the law, but are in truth are fraudulent discount labor. However bucketing through our mostly open borders are—ECONOMIC—illegal aliens that is just more profit for thousands of undaunted companies that hire them and end up as public welfare charges.

    Company owners who still feel they have free reign and not subject to the law, will find themselves on the wrong end of sudden ICE audits, Hiring foreigners will be risking activity and their their company license could be canceled, then alternatively facing huge fines, confiscation of assets and even imprisonment. This is by far a very serious issue, because no matter which way you look at it, this is about obnoxious greed; profiting from the unfortunate 14 million U.S. Citizen and legal worker, who are being extricated in lieu of cheap labor. Even now Business that have illegal nationals in their employ, best be on their guard as the word in out to inform the ICE agencies, of suspicious incidents of employment irregularities. Here is the phone number to report unusual goings-on 1–866-DHS-2ICE (866−347−2423). SEE SOMETHING? DO SOMETHING?

    Obama’s main players like Eric Holder and the Dept of IN-Justice are resolute in secret situations as selectivity in deportations. Just because an illegal alien has no heinous criminal record, you could actually walk free? This is not how our immigration laws are written? You enter America in violation of the law, you should be deported. There are very few mitigating circumstances. This is particularly wrong when thousands of legitimate new immigrants must wait their turn, waiting patiently for years. His executive decisions just draw thousands of more foreigners, into our nation looking for free handouts. The–Instant–citizenship for babies, under the present 14th amendment is a twisted, expensive situation that is just part of the $113 billion a year paid out in welfare entitlements. Adding California’s ‘Dream Act” further is yet another windfall for the 20 million plus foreigners, who have settled here in the US. This is unacceptable to the ordinary American people, who seem to being placed secondary to these foreign nationals.

    The TEA PARTY is not defined by the GOP RINO’s that are the prominent politic of the party proper. The TEA PARTY is of a different breed that believes in a moderate government, with less intervention in our daily lives. The TEA PARTY is an overhaul of our political system, rampant with corruption and greed, that will overturn the tax code, that—only—47 percent of America pays, with far too many exceptions, loopholes and subsidies. Businessman Herman Cain’s plan of a 9−9−9 tax seems perfectly feasible where everybody pays. By now everybody has heard of Farmers complaints that their crops are dying in the fields, especial the tomato growers in Alabama? What hasn’t been passed on to the general public as admitted in farmers interviews with the Huntsville Times, that they couldn’t locate anybody to hire that was legally here. They the truth came out in the interviews, which they hadn’t even looked for workers at the employment office or advertised in the local press.

    One farmer was offered free advertising by a community radio station, but that individual refused. According to the source some farmers were only paying illegal aliens $2.00 a box, but sold their tomatoes for $10.00 a box. My guess it’s probably this same greedy profit margin across the United States? Something is definitely wrong with this picture. Adding insult to injury the farmers were clearing over $200.000 in profit. Then incredulously the farmers and the big agricultural concerns give no benefits to their workers, so not only do the taxpayers have to pay for hospital visits, from the flue to a serious injury; for the whole family as well. Then the children have free education, thanks to the gullible American taxpayer. I am sure illegal aliens and taxpayers are exploited in any other state, in California for sure. The coastal state has one of the massive growing systems throughout this nation, and greedy farmers pay little for the work, placing the whole weight of their illegal aliens living here on the taxpayers. Internal ICE agents do not have the manpower to raid every despicable farm owners acreage, but this nefarious situation is sure to be prevalent everywhere.

    If you haven’t really noticed where ICE agents have raided businesses annually–from meat packing plants, carpet warehouses, restaurant chains, supermarkets, hotels, construction sites, companies have quickly advertised from new workers as the illegal aliens not apprehended, have fled. Within a few days there are new lines of potential lawful labor of black, white, Hispanic gender waiting for the chance of a job. A chicken processing plant in Albertville, Alabama hired 125 LEGAL employees this week, to replace the 125 illegal aliens that left their jobs and fled the state—this just informs you that ICE enforcement is working. Contact your own local Senator or Representative or federal politician at 202−224−3121 and insist on E-Verify, “LEGAL WORKFORCE ACT” (H.R. 2885.) HELP THE WORKING AMERICAN AND STOP THESE TRAVESTIES OF OUR LAWS.

    One Old Vet saying, “Stand next to me and you’ll never stand alone.”