"The Global Consciousness Project, also known as the EGG Project, is an international multidisciplinary collaboration of scientists, engineers, artists and others continuously collecting data from a global network of physical random number generators located in 65 host sites worldwide. The archive contains over 10 years of random data in parallel sequences of synchronized 200-bit trials every second."
Posted by Warm Southern Breeze on Tuesday, August 5, 2014
Alabama is a deeply “red” state (some say “redneck,” which may also be accurate), which is to say, that the state has historically voted Republican for the past several years; all of the state’s top office holders are Republicans, and both houses of the legislature are similarly controlled by Republicans.
The website 270ToWin.com had this remark about the state’s political alignment: “Alabama became a GOP stronghold starting in 1964, voting for Democrats only in 1968 and 1976 (for native son George Wallace and Jimmy Carter, respectively). The initial shift was largely in response to white conservative voter uneasiness with the civil rights legislation that was passed in the mid-1960s, which was effectively exploited by the Republicans’ “Southern Strategy.” In 2012, Mitt Romney beat Barack Obama by about 22%, almost identical to John McCain‘s margin of victory in 2008.”
Frankly, the Democratic party in Alabama has been virtually decimated, and there are very few candidates identifying themselves with the party. Many state office-holders are running unopposed, including other Federal seats, including incumbent United States Senator Jeff Sessions.
Taking a clue from the George Wallace playbook (Wallace was a STRONG and almost constant campaigner), there are 67 reasons why I wouldn’t give Parker Griffith a strong chance at winning the governorship.
Posted by Warm Southern Breeze on Thursday, July 31, 2014
Wabi Sabi Love: The Ancient Art of Finding Perfect Love in Imperfect Relationships
By David Hill
Love. It’s right up there with air, food, and water as the most necessary of ingredients for existence. And yet it is one of the hardest things to find, and perhaps an even harder thing to hold on to.
The truth is you’re not perfect, and neither is your spouse. But you can be perfectly imperfect together. In Wabi Sabi Love, international bestselling author and relationship expert Arielle Ford applies the wisdom of Wabi Sabi-the ancient Japanese idea of illuminating the beauty in imperfection-to love relationships. Wabi Sabi Love is the practice of exploring, embracing, and cherishing the quirks, irritations, and limitations that make you and your partner unique and that form your shared history as a couple.
Wabi Sabi Love provides the tools to see yourself, your partner, and your partnership in an entirely new light, develop a deep and profound appreciation for each other, and experience more balance, harmony, and joy in your relationship than ever before. Wabi Sabi Love teaches you to:
• Turn conflict into connection and differences into mutual passions
• Move from “annoyed” to “enjoyed”
• Establish new beliefs and habits that better serve your relationship
• Cultivate humor, humility, and generosity to diffuse those moments when you would normally retreat or slip into tired judgments, criticisms, or resentments
Here is one of the stories you will find in this book:
Mrs. Lee’ Story
The cool, quiet room was overflowing with the grieving faces of friends and family as the funeral director invited Mrs. Lee up to the podium to speak.* The petite, elegant widow walked slowly to the front of the small chapel and calmly began her eulogy. “I am not going to sing praises for my late husband. Not today. Neither am I going to talk about how good he was.” Mrs. Lee’s eyes flashed. “Enough people have done that here.” She took a deep breath, allowing the air to fill her lungs before she continued. “Instead, I want to talk about some things that will make some of you feel a bit uncomfortable.”
Posted by Warm Southern Breeze on Wednesday, July 30, 2014
The Different Ways Men and Women Communicate
by Stephen Martin and Victoria Costello
Although not uniformly present in all couples, gender differences in communication style and content preferences are common enough to wreak havoc in many marriages. It’s important to remember that these differences can make communication in marriage more difficult, but on their own they do not cause marital breakdowns. They can also lead to joy and delight if you recognize the differences and appreciate each other for them.
The Way Women Communicate
Research is now proving beyond a shadow of a doubt what you’ve probably known since you entered adolescence and began paying serious attention to the opposite sex: Men and women tend to talk for different reasons, and the two sexes process information differently.
Scientists have discovered that women really do hear more than men. Just think about the running debates that go on between spouses about the preferred volume of a TV or stereo. Then apply this principle to the tone used by a man and a woman in an argument. Which spouse is more likely to be impacted by a raised voice?
According to noted marriage researcher John Gottman, PhD, women are the ones who most often bring up difficult topics for discussion with their spouses, in fact 80 percent of the time. Gottman, author of The Seven Principles for Making Marriage Work, notes that this communication dynamic is dominant in the “good” as well as the “bad” marriages he observes in controlled laboratory settings.
Neurologists also say that men see and perceive visual stimuli more clearly than women do. Think about maps and directions as an example. Then apply this principle to your facial expression during a difficult discussion with your husband. What is more likely to create distance: a calm, sympathetic expression or a scowl? An easier example might be how Read the rest of this entry »
Posted by Warm Southern Breeze on Tuesday, July 29, 2014
The Department of Defense is a bloated organization, rife with fraud, waste and abuse.
Even then-Secretary of Defense (SECDEF) Donald Rumsfeld remarked on Monday, September 10, 2001, that, “According to some estimates, we cannot track $2.3 trillion in transactions. … We maintain 20 to 25 percent more base infrastructure than we need to support our forces, at an annual waste to taxpayers of some $3 billion to $4 billion. Fully half of our resources go to infrastructure and overhead, and in addition to draining resources from warfighting, these costly and outdated systems, procedures and programs stifle innovation as well.” ref: http://www.defense.gov/speeches/speech.aspx?speechid=430
More recently, on December 21, 2010, the Governmental Accountability Office wrote that they “cannot render an opinion on the 2010 consolidated financial statements of the federal government, because of widespread material internal control weaknesses, significant uncertainties, and other limitations.”
In his capacity as Acting Comptroller of the United States, Gene Dodaro wrote that, “(1) serious financial management problems at the Department of Defense (DOD) that have prevented DOD’s financial statements from being auditable, (2) the federal government’s inability to adequately account for and reconcile intragovernmental activity and balances between federal agencies, and (3) the federal government’s ineffective process for preparing the consolidated financial statements.”
Included in that scathing report of fiscal recklessness and laziness were “material weaknesses involving an estimated $125.4 billion in improper payments, information security across government, and tax collection activities,” which were rife in “three major agencies DOD, the Department of Homeland Security, and the Department of Labor did not get clean opinions. Nineteen of 24 major agencies did get clean opinions on all their statements.”
No entrepreneur, accountant, fiscal analyst, businessman or Chief Financial Officer in their right mind would tolerate what has been allowed to happen with it. Consider the F-35 Lightning II aircraft as a case in point.
At a cost now exceeding $400,000,000,000 ($400 Billion – that’s very nearly 1/2 Trillion), it is by far, THE most costly program EVER to have emerged from the DoD. Among the numerous reasons why it is THE most expensive program ever, are Read the rest of this entry »
Posted by Warm Southern Breeze on Monday, July 28, 2014
Let’s talk about drug abuse.
Abuse of any kind is improper use, or dependency. In some cases, so-called “recreational” use is “abuse,” for there is no other kind of use, since a drug may be already illegal.
For the greatest part, those drugs, which are sometimes mistakenly called ‘narcotics’ (technically, narcotics are derivatives of and synthetic chemical relatives to the opium plant) are already illegal, and include LSD and other hallucinogens, heroin, methamphetamine (as “crystal meth”), etc. And, at the Federal level, like it, or not, agree or disagree, marijuana is included in that list.
Further, alcohol must be included in the list of abused substances, simply because we know that people’s lives can be, and are destroyed by alcohol abuse, directly and indirectly.
There’s a database of information based upon hospital admissions related to drug abuse. It’s called the Treatment Episode Data Set, or TEDS, and the information is collected anonymously by each facility in a state that receives “State alcohol and/or drug agency funds (including Federal Block Grant funds) for the provision of substance abuse treatment.”
It is not an exhaustive data set by any means, and there are limitations upon it, yet it does provide some reliable degree of accuracy to the extent, scope and nature of the problem. Consequently, information in “the tables focus on treatment admissions for substance abusers.”
In other words, someone abuses a substance on the list to the extent that they need some degree of care, including hospitalization, and that anonymous information about their admission gets collected and reported. For the purposes of that report, anonymous information is age, sex, ethnicity/race and drug(s) which led to the need for treatment.
Posted by Warm Southern Breeze on Wednesday, July 16, 2014
What should one expect when the whole damn defense industry has been whored out to arm the krazees of the world?
In a very prophetic manner, in his Farewell Address to the nation, January 17, 1961, then-President Dwight David Eisenhower warned about the “military industrial complex,” saying:
“We annually spend on military security more than the net income of all United State corporations.
“This conjunction of an immense military establishment and a large arms industry is new in the American experience. The total influence-economic, political, even spiritual-is felt in every city, every state house, every office of the Federal government. We recognize the imperative need for this development. Yet we must not fail to comprehend its grave implications. Our toil, resources and livelihood are all involved; so is the very structure of our society.
“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
“We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted only an alert and knowledgeable citizenry can compel the proper meshing of huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”
US sells $11 BILLION worth of arms to Qatar
Published time: July 15, 2014 09:46
Edited time: July 16, 2014 12:55
US Defense Secretary Chuck Hagel (L) and Qatar’s Minister of State for Defense Affairs Hamad bin Ali al-Atiyah (C) arrive for a weapons sales signing ceremony at the Pentagon on July 14, 2014 in Washington, DC. (AFP Photo / Mandel Ngan)
US Defense Secretary Chuck Hagel (L) and Qatar’s Minister of State for Defense Affairs Hamad bin Ali al-Atiyah (C) arrive for a weapons sales signing ceremony at the Pentagon on July 14, 2014 in Washington, DC. (AFP Photo / Mandel Ngan)
Washington and Doha have signed the largest arms deal of the year, preparing to enhance Qatar’s military capabilities with $11 billion-worth of Apache assault helicopters, PAC-2 missile defense complexes and Javelin man-portable anti-tank missiles.
The deal has been signed on Monday in Pentagon by US Defense Secretary Chuck Hagel and Qatari Defense Minister Hamad bin Ali al-Attiyah. Altogether Qatar is buying 10 batteries of Patriot missile defense systems and 500 Javelin anti-tank missiles manufactured by US defense industry giants Raytheon and Lockheed Martin, and 24 Apache helicopters made by Boeing, an anonymous US official told the AFP.
BATON ROUGE, LA (WAFB) – When an employee at Gino’s Restaurant in Baton Rouge cut into an eggplant Monday, he found “GOD.”
Chef Jermarcus Brady couldn’t believe what he was seeing. “I saw a miraculous image formed by the seeds,” said Jermarcus Brady. “It spelled out the word God!” Chef Brady has many responsibilities, one being cutting, salting and sauteing eggplants.
Jemarcus Brady holding the “GOD” eggplant (Source: Jemarcus Brady)
“When you sliced into it, the pattern showed from the seeds that were forming in the inside the letters G-O-D as God,” said Brady. “I couldn’t think of anything. I just had to tell somebody to come look at it.”
Brady showed the eggplant to the owner of the restaurant and fellow coworkers and took photos, but he believed it was meant to be shared with everyone.
Posted by Warm Southern Breeze on Monday, July 7, 2014
Years ago, I said “build a Federal Barracks for members of Congress, and have them march to work.” I still think having modest Federal Housing for members of Congress is a good idea.
Regarding their level of pay/compensation, the article’s point – that D.C. is an expensive place to live – is well taken, and it is my considered opinion in light of that fact which gives further credence to the idea of modest Federal Housing for members of Congress. In fact, if their salaries were, by law, capped at twice the median American household income (which, according to the article is now approximately $51,000), it could be an even better idea.
However, with this present miasmatic congress, I hold out little hope for any such creative laws limiting congressional compensation, or introducing Federal Congressional Barracks/Housing to be introduced – though I believe it should be done, and is long overdue, along with Term Limitations. A total of 20 years elected federal service is long enough for anyone. Two terms in the Senate (12 years), and four terms in the House (8 years) should be enough for anyone, would reintroduce vibrancy into the process of national governance, and introduce more people to the process of elected public service.
Congressman’s Lament: $174,000 Isn’t Enough To Make Ends Meet
by Liz Halloran
April 04, 2014 3:05 PM ET
In what world does an annual salary of $174,000 meet the definition of underpaid?
That would be in the nation’s capital, where soon-to-be-retired Rep. Jim Moran, D-Va., said Americans should know that their members of Congress — as the board of directors for the “largest economic entity in the world” — are underpaid.
The longtime congressman made his comments Thursday after the House voted for the sixth straight year to deny members an automatic cost-of-living raise they’re entitled to under law.
Posted by Warm Southern Breeze on Friday, July 4, 2014
SC Restaurant Owner Refuses To Serve Blacks, Cites Religious Beliefs
July 2, 2014
By Manny Schewitz
In South Carolina, a BBQ restaurant owner (Maurice’s Piggy Park BBQ) claimed that he was within his rights to refuse service to blacks based on his religious beliefs. In the case brought before the Supreme Court, Maurice Bessinger stated that his religion required him to keep black people from eating in his restaurant, although he was perfectly OK with taking their money, so long as they ordered their food to-go.
The attorney representing the petitioners suing Piggie Park also addressed in court the “First Amendment religious privilege claim that petitioner asserted that his religion required him” to deny service to black customers.
“I’m just a fair man. I want to be known as a hard-working, Christian man that loves God and wants to further (God’s) work throughout the world as I have been doing throughout the last 25 years.” (Source)
And now for you who actually took the time to read the story instead of basing your outrage solely off a headline before sharing with an ALL CAPS blurb of “SEE? I TOLD YOU THE SOUTH WAS FULL OF RACISTS!!!”, this case was Read the rest of this entry »
Hobby Lobby funded disgraced fundamentalist Christian leader accused of harassing dozens of women
For a decade or so, Hobby Lobby and its owners, the Green family, have been generous benefactors of a Christian ministry that until recently was run by Bill Gothard, a controversial religious leader who has long promoted a strict and authoritarian version of Christianity. Gothard, a prominent champion of Christian home-schooling, has decried the evils of dating, rock music, and Cabbage Patch dolls; claimed public education teaches children “how to commit suicide” and undermines spirituality; contended that mental illness is merely “varying degrees of irresponsibility”; and urged wives to “submit to the leadership” of their husbands. Critics of Gothard have associatedhim with Christian Reconstructionism, an ultrafundamentalist movement that yearns for a theocracy, and accused him of running a cultlike organization. In March, he was pressured to resign from his ministry, the Institute in Basic Life Principles, after being accused by more than 30 women of sexual harassment and molestation—a charge Gothard denies.
More MoJo coverage of the Supreme Court’s Hobby Lobby decision.
The Institute traces it origins to 1964, when Gothard designed a college seminar based on biblical principles to help teenagers. The ministry says it was established “for the purpose of introducing people to the Lord Jesus Christ” and to give individuals, families, businesses, and governments “clear instruction and training on how to find success by following God’s principles found in Scripture.” The group, which operates what it calls “training centers” across the United States and abroad, says more than 2.5 million people have attended its paid events, which have brought in tens of millions of dollars in revenue. Gothard and the Institute have drawn support from conservative politicians, including Mike Huckabee, Sarah Palin, and former Georgia Gov. Sonny Perdue. The Duggar family, the stars of the reality show 19 Kids and Counting, have been high-profile advocates of Gothard’s home-schooling curriculum and seminars. (One of Gothard’s alleged victims has called on the Duggars to break with Gothard and the Institute.) Don Venoit, a conservative evangelical who has long been a critic of Gothard, contends that Gothard’s approach to Christian theology emphasizing obedience to authority creates a “culture of fear.” In 1984, Ronald Allen, now a professor of Bible exposition at Dallas Theological Seminary, observed that Gothard’s teachings were “a parody of patriarchalism” and “the basest form of male chauvinism I have ever heard in a Christian context.” He added, “Gothard has lost the biblical balance of the relationship between women and men as equals in relationship. His view is basically anti-woman.”
Posted by Warm Southern Breeze on Tuesday, July 1, 2014
Hobby Lobby’s Hypocrisy: The Company’s Retirement Plan Invests in Contraception Manufacturers
When Hobby Lobby filed its case against Obamacare’s contraception mandate, its retirement plan had more than $73 million invested in funds with stakes in contraception makers.
—Molly Redden on Tue. April 1, 2014 6:00 AM PDT
Hobby Lobby supporters pray to end abortion outside the US Supreme Court. Jay Mallin/ZUMA
When Obamacare compelled businesses to include emergency contraception in employee health care plans, Hobby Lobby, a national chain of craft stores, fought the law all the way to the Supreme Court. The Affordable Care Act’s contraception mandate, the company’s owners argued, forced them to violate their religious beliefs. But while it was suing the government, Hobby Lobby spent millions of dollars on an employee retirement plan that invested in the manufacturers of the same contraceptive products the firm’s owners cite in their lawsuit.
Documents filed with the Department of Labor and dated December 2012—three months after the company’s owners filed their lawsuit—show that the Hobby Lobby 401(k) employee retirement plan held more than $73 million in mutual funds with investments in companies that produce emergency contraceptive pills, intrauterine devices, and drugs commonly used in abortions. Hobby Lobby makes large matching contributions to this company-sponsored 401(k).
Several of the mutual funds in Hobby Lobby’s retirement plan have stock holdings in companies that manufacture the specific drugs and devices that the Green family, which owns Hobby Lobby, is fighting to keep out of Hobby Lobby’s health care policies: the emergency contraceptive pills Plan B and Ella, and copper and hormonal intrauterine devices.
We’re good with Sharia Law as long as it’s for business purposes.
Think about that next time someone’s favorite religious nut job goes to court.
Because of extremist, right-wing religious radicals, women are again being relegated to second class citizens, WITHOUT full rights and being further victimized by having access denied to birth control/oral contraceptives – i.e., Ortho Novum 777, progesterone, estrogens, etc. – NOT abortion.
Those medications also treat other diseases exclusive to women, including polycystic ovarian disease, endometriosis, amenorrhea/ dysmenorrhea, etc.
The question before the court was this:
“At issue here are regulations promulgated by the Department of Health and Human Services (HHS) under the Patient Protection and Affordable Care Act of 2010 (ACA), which, as relevant here, requires specified employers’ group health plans to furnish “preventive care and screenings” for women without “any cost sharing requirements,” 42 U. S. C. §300gg–13(a)(4). Congress did not specify what types of preventive care must be covered; it authorized the Health Resources and Services Administration, a component of HHS, to decide.”
One’s private personal religious beliefs should never be on trial.
Yet now, because of extremist right-wing radicals, the door is now opened wide to mandate any employee of a “closely held” multi-national corporation, to FORCE them to adhere to THEIR religious beliefs… even when it jeopardizes their health.
AUBURN, Ala. — Former Auburn tight end Philip Lutzenkirchen died in a wreck early Sunday morning outside of LaGrange, Ga.
He was 23.
Lutzenkirchen’s fatal accident occurred in Troup County, just southeast of LaGrange, at approximately 3:06 a.m. Sunday morning, according to Master Trooper B.N. Talley of the Georgia State Patrol, who responded to the scene.
“It happened at the intersection of Upper Big Springs Road and Lower Big Springs Road,” Talley said. “The vehicle was a 2006 Chevy Tahoe and the driver missed a stop sign at the intersection of those two roads, which is more or less a ‘T-intersection.’ They traveled through the intersection off into a churchyard. They were out of control for about 450 feet.”
“The vehicle was a 2006 Chevy Tahoe and the driver missed a stop sign at the intersection of those two roads, which is more or less a ‘T-intersection,'” said Master Trooper B.N. Talley of the Georgia State Patrol. “They traveled through the intersection off into a churchyard. They were out of control for about 450 feet.”
According to Talley, the vehicle then overturned and ejected three of the four passengers, including Lutzenkirchen, who was killed at the scene.
The 23-year-old from Marietta, Ga., was one of the most popular Auburn players in recent history. He ranks first in touchdowns by a tight end in school history with 14 from 2009 to 2012.
Lutzenkirchen saw his collegiate career end after suffering a major hip injury against Ole Miss in 2012. He signed a free agent contract with the St. Louis in April 2013, but was released four months later due to the lingering injury that eventually required surgery.After hanging up the cleats, Lutzenkirchen had been working at a wealth management company in Montgomery and volunteering with the football team at St. James School in Montgomery. St. James head coach Jimmy Perry confirmed the news of his death with AL.com.
Memo: From Nick Hanauer
To: My Fellow Zillionaires
You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from itsy-bitsy ones like the night club I started in my 20s to giant ones like Amazon.com, for which I was the first nonfamily investor. Then I founded aQuantive, an Internet advertising company that was sold to Microsoft in 2007 for $6.4 billion. In cash. My friends and I own a bank. I tell you all this to demonstrate that in many ways I’m no different from you. Like you, I have a broad perspective on business and capitalism. And also like you, I have been rewarded obscenely for my success, with a life that the other 99.99 percent of Americans can’t even imagine. Multiple homes, my own plane, etc., etc. You know what I’m talking about. In 1992, I was selling pillows made by my family’s business, Pacific Coast Feather Co., to retail stores across the country, and the Internet was a clunky novelty to which one hooked up with a loud squawk at 300 baud. But I saw pretty quickly, even back then, that many of my customers, the big department store chains, were already doomed. I knew that as soon as the Internet became fast and trustworthy enough—and that time wasn’t far off—people were going to shop online like crazy. Goodbye, Caldor. And Filene’s. And Borders. And on and on.
Nick Hanauer With over 30 years of experience across a broad range of industries including manufacturing, retailing, e-commerce, digital media and advertising, software, aerospace, health care, and finance. Hanauer’s experience and perspective have produced an unusual record of serial successes. Hanauer has managed, founded or financed over 30 companies, creating aggregate market value of tens of billions of dollars. Some notable companies Include Amazon.com, Aquantive Inc., (purchased by Microsoft in 2007 for $6.4 billion), Insitu group (purchased by Boeing for $400 million), Market Leader (purchased by Trulia in 2013 for $350 million). Some other companies include Marchex, Newsvine, Qliance, Seattle Bank and Pacific Coast Feather Company. – Photo by Robbie McClaran
Realizing that, seeing over the horizon a little faster than the next guy, was the strategic part of my success. The lucky part was that I had two friends, both immensely talented, who also saw a lot of potential in the web. One was a guy you’ve probably never heard of named Jeff Tauber, and the other was a fellow named Jeff Bezos. I was so excited by the potential of the web that I told both Jeffs that I wanted to invest in whatever they launched, big time. It just happened that the second Jeff—Bezos—called me back first to take up my investment offer. So I helped underwrite his tiny start-up bookseller. The other Jeff started a web department store called Cybershop, but at a time when trust in Internet sales was still low, it was too early for his high-end online idea; people just weren’t yet ready to buy expensive goods without personally checking them out (unlike a basic commodity like books, which don’t vary in quality—Bezos’ great insight). Cybershop didn’t make it, just another dot-com bust. Amazon did somewhat better. Now I own a very large yacht.
But let’s speak frankly to each other. I’m not the smartest guy you’ve ever met, or the hardest-working. I was a mediocre student. I’m not technical at all—I can’t write a word of code. What sets me apart, I think, is a tolerance for risk and an intuition about what will happen in the future. Seeing where things are headed is the essence of entrepreneurship. And what do I see in our future now?
Posted by Warm Southern Breeze on Thursday, June 26, 2014
Howard Baker, 18 years United States Senator from Tennessee, Republican Majority Leader, widely respected by Democrats & Republicans as “the quintessential mediator, negotiator and moderator,” Chief of Staff to President Ronald Reagan, Ambassador to Japan under President George W. Bush, and award-winning Photographer has died aged 88 in his Huntsville, Tennessee home of complications from a stroke Saturday, 21 June 2014.
He said of his photographic hobby that it “may be the only place where I can reasonably aspire to perfection.”
Chris Arnade received his PhD in physics from Johns Hopkins University in 1992. He spent the next 20 years working as a trader on Wall Street. He left trading in 2012 to focus on photography. His “Faces of Addiction” series explores addiction in the south Bronx neighbourhood in New York City. Follow him on Twitter: @Chris_arnade
As a college student, Chris Arnade picked Florida watermelons to pay for school. His daughter can’t do the same. Photograph: Alamy
When I entered Wall Street in 1993 with a PhD, I was an anomaly. One of my bosses was a failed baseball player, another a frustrated jazz musician. One of the guys running one of the most profitable businesses, in both my firm and all of Wall Street, was a former elevator repairman. Their college degrees – if they even had them – were from all sorts of schools, not simply the Ivy leagues.
By the time I left Wall Street a few years ago, the only people being hired were the “play it safe kids”. The ones with degrees from Princetons and Harvards. You know, the ones who had organized a soup kitchen in eighth grade (meaning, really their parents had) to load their resumes. The ones who had gone to the state science fair (meaning their parents or nannies had spent many weekends and nights helping with a science project). Few of these hires where rags-to-riches stories. Most had parents very much like those already working on Wall Street – wealthy and dedicated to getting their children whatever they needed, regardless of cost. Many were in fact the children of Wall Street parents.
It is not just Wall Street. Most of the best paying jobs now require a college degree, or post-college degree, and still rarely hire from state schools. They want Ivy schools, or similar. That feels safe.
This is a problem. Businesses have abdicated their primary role in hiring, handing it over to colleges, which have gladly accepted that role, and now charge a shit-load for it. Want a job kid? Pay $60,000 a year for four years. Then maybe pay for another two to get a MBA.
Yet, those best schools do not teach kids anything radically different from what the average colleges do. They do not prepare them better for the day-to-day work of Wall Street. Those finance skills are learned with experience and instinct after two years of training – on the job.
Rather, a prestigious education is a badge given to students who can follow the established rules, run through the maze, jump through hoops, color between the lines, and sit quietly. It shows that they really, really want to be a grown-up. For that, they pay $60,000 per year.
It has become a test. Are you part of the meritocracy?
It also has become a barrier of entry to professionalism – a very costly barrier of entry.
“On the other hand, in stark contrast, love covers a multitude of sins.
“Love your enemies. Pray for those who persecute you. Do good to those who hate you. Let the light of your good deeds shine so brightly so that many others can see it, who will then give praise to your Heavenly Father because of them.