I've written many entries about how far our public schools have sunk, and that attending them today is practically worthless. I've also placed a lot of the blame on tenure and the unions, which basically lower the teaching bar, because the ineffective, and in too many cases the simply unqualified, are protected from termination. And that repeating cycle continually waters down teaching quality overall.
The reason I mention this today is, I got a dose of confirmation about how dumbed-down today's younger folks are by watching newsclips of the protesters in downtown Manhattan. And all you really have to do to understand how little these people know, is to listen to their complaints, or better yet, read the signs they carry.
Much of their programmed rhetoric concerns "corporate greed" and how big businesses are harming folks by their actions. And you very quickly learn that these protesters seem to believe that "corporations" are some kind of machines with no hearts or brains that run by themselves and roll over every obstacle in their way. Therefore, a major goal of the protesters is to do corporations in.
But what these anti-corporate, or anti-business types, don't seem to understand is what a "corporation" really is. Because, in fact, they're nothing more than a type of business structure under the law, and in fact, other than their legal status on paper...don't even exist. What's more, corporations come in all shapes and sizes and are organized in many different ways, but what should be most interesting to the protesters, if they had any knowledge at all, would be that the largest one's management's are overseen by Boards of Directors. And in most cases, directors come from outside the particular entity and are there to ensure that the business plays by the rules and to protect the rights and investments of the real corporate owners -the stockholders. And that's because most large corporations are owned by those who have bought and own their stock.
So, when you boil it all down, the way the financial world works today with corporate stock owned by so many people, institutions, trusts and entities like mutual funds, if these protesters have any kind of investment at all, like pension futures or group retirement plans they're likely unknowingly invested in these "greedy corporations" themselves and therefore are clamoring for the destruction of their own financial future. And in my book, that makes them all dunces.
But, I have an idea for them. Since there are so many of them with nothing to do but march in the sun, they ought to sit down and come up with an idea for a product or service. Then then could incorporate, develop and build whatever they've devised, market it and sell it. And then when they're successful, they could take their business public. But then, instead of doing what all good managements have tried to do in the past, keep growing the business and trying to maximize profits for their investors...they could give their hard-earned profits away to whomever they choose. And then they'd be right back where they started -broke, dumb, dis-spirited, and angry at the world for their plight.
That's it for today folks.
Adios
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