Wednesday, February 11, 2009
This is great! The banks don't like accountability being placed on them by the US government. Hey, now if we could make it so that they have to improve their holdings by 5% every year until the full amount is paid back in 2014, they'll be like public schools. Oh, and if they fail in any one of 29 categories that the government puts forth, they'll be labeled a failing bank, in danger of being taken over by the government, too. Their bosses will be replaced, they'll be completely restaffed or closed altogether! Sweet! Oh, wait. What? That won't happen? Well, how's that fair? Education hasn't been led to the brink of collapse. Student performance isn't the worst it's been since the Great Depression. Something's wrong here.
Posted by Jim McClain at 2:32 PM