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Seniors and Student Loans

The data in this new General Accounting Office report(.pdf) on seniors and student loans is both fascinating and disturbing, especially when viewed in relationship to the burgeoning for-profit college system (as detailed nicely by John Oliver the other day) and the dim prospects for anyone without a college degree in today’s U.S. economy.

There’s more in this WSJ story that details how a rapidly growing number of senior citizens are having their social security/disability checks garnished as a result.

About the only good news here is that at least college kids are getting better grades, as evidenced by the graphic below from this item at the Economist.

In the words of Walter White during another highly entertaining (and greatly appreciated) repeat of the Breaking Bad Binge on AMC, “So, there’s that”.

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After watching this segment on John Oliver’s Last Week Tonight, student loans are sounding more and more like 2005-era mortgage lending and we all know how that ended.

I started watching Last Week Tonight early on and didn’t know quite what to think of it at first, sometime not watching it for days later (it’s somewhat timely), but I’m quickly warming up to it and now get to it much sooner in the week.

Some have called it, basically, a Daily Show/Colbert Report that’s done only once a week, but as discussed by Oliver during a recent round of interviews, they always take on one topic that, on the surface, doesn’t sound like it’s going to be very funny and make it so, the above clip being a good example.

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George Carlin on Shoppin’ and Eatin’

Recently stumbled upon this and it seemed worth hoisting up here this morning:

Towards the end, the American consumer is characterized thusly: “People spending money they don’t have buying things they don’t need”. Hmmm… I’ve said that many times over the years and never really knew where it came from.

Also see the late Mr. Carlin’s take on the fading American Dream which, actually, is part of the same appearance – skip to about the 1:30 mark to pick up where the above video ends.

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Robin Williams Live at the Met – 1986

Lots of retrospectives on Robin Williams today, all of which make for some good reading about celebrity, entertainment, depression, etc.

I’ll never forget this performance from almost 30 years ago – not sure if we had it on tape or whether we’d catch it on HBO, but it is an indelible memory of a master comedian at work.

Click on the YouTube logo directly above  to navigate to Part 2. Don’t know where it appears in this, but the discussion of his cocaine usage is pretty funny. I recall him talking about waking up in the morning (or afternoon or evening) with Buddy Rich drumming on his chest.

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