University Offers to Bailout Congress
With the best idea I have heard yet to help the current economic crisis, Andrew Jackson University has offered members of Congress free Economics 101 courses via online courseware. Now this is something that would actually help and is worth paying for with tax payer dollars. If members of Congress had a basic knowledge of Economics, maybe would have gotten the right response from the Government to this crisis - nothing. Maybe we would have gotten a bill with real solutions - market based solutions like lowering some of the regulatory barriers around bancrupcy, addressing some of the accounting rules that have led to the devaluation and mystery around these mortgage-based assets, or insuring the assets rather than purchasing them. Instead we got more legislation filled with "extras" that don't have anything to do with the the problem at hand. You would think that out of 535 members of Congress, that someone would have a clue.
i wonder how this one worked out. i think the free online course for congress was a good idea, especially since their job involves a lot of money that is a big deal for all americans
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