Category Archives: Education

UC-San Francisco fires U.S. workers, hires abroad


It’s a story that would’ve added fuel to the anti-immigrant hysteria of the Trump campaign, but at its heart its all about a state firing its own citizens and replacing them with cheap labor.

Replacement workers ostensibly hired because of a shortage of American workers able to fill those positions from which American workers are being hired and replaced with cheap labor that happens to come from India.

It’s a story about libertarian chickens coming home to roost, the spawn of Proposition 13, the corporate tax giveaway sold to California’s as s savior of the homes of the elderly.

Proposition 13 was the long con, devised by Howard Jarvis, a man whose aim was to destroy government [we know because he told us so].

From the Los Angeles Times:

Using a visa loophole to fire well-paid U.S. information technology workers and replace them with low-paid immigrants from India is despicable enough when it’s done by profit-making companies such as Southern California Edison and Walt Disney Co.

But the latest employer to try this stunt sets a new mark in what might be termed “job laundering.” It’s the University of California. Experts in the abuse of so-called H-1B visas say UC is the first public university to send the jobs of American IT staff offshore. That’s not a distinction UC should wear proudly.

UC San Francisco, the system’s biggest medical center, announced in July that it would lay off 49 career IT staffers and eliminate 48 other IT jobs that were vacant or filled by contract employees. The workers are to be gone as of Feb. 28. In the meantime they’ve been ordered to train their own replacements, who are employees of the Indian outsourcing firm HCL Technologies.

The training process was described by UCSF managers by the Orwellian term “knowledge transfer,” according to Audrey Hatten-Milholin, 53, an IT architect with 17 years of experience at UCSF who will be laid off next month.

“The argument for Disney or Edison is that its executives are driven to maximize profits,” says Ron Hira of Howard University, a expert in H-1B visas. “But UC is a public institution, not driven by profit. It’s qualitatively different from other employers.”

By sending IT jobs abroad, UC is undermining its own mission, which includes preparing California students to serve the high-tech industry.

Headline of the day: The truth shall make you flee


From the London Daily Mail, another day in TrumpAmerica™:

‘We’ll put a f***ing bullet in your face’: Professor who was caught on camera telling students Donald Trump is a ‘white supremacist’ goes into hiding after receiving death threats

  • Professor goes into hiding after being filmed criticizing Donald Trump in class 
  • Olga Perez Stable Cox was caught on camera at Orange County College
  • She was heard calling Trump a ‘white supremacist’, and Mike Pence ‘anti-gay’  
  • Cox’s teachers union said the veteran teacher has been forced to hide away
  • The 30-year teacher has received more than 1,000 emails and phonecalls

Troikarchs demand still more austerity from Spain


Spain, one of the European nations hardest hit by the Wall Street-created Great Recession, must apply more austeirty, declared the International Monetary Fund, one of the three pillars of the troika overseeing loans to the most-afflicted European nations.

Austerity, of course, means yet more draconian measures inflicted on those least able to afford them, and n the case of Spain,, mandated measures include yet more cuts to education and continuation of hikes in valued-added [sales] taxes, that most regressive of all measures of mining the populace for wealth.

From El País:

The International Monetary Fund (IMF) has called on Spain to raise reduced rates of value-added tax (VAT), special taxes and environmental levies, including those on fuel. What’s more, it is calling on the government to look into the efficiency of spending on education and health. The aim of all of these changes is to bring down the deficit and public debt, the size of which, says the global organization, is leaving the Spanish economy “highly vulnerable to external disturbances.”

“We are not suggesting austerity,” said Andrea Shaechter, the IMF economist in charge of monitoring the progress of the Spanish economy, at a press conference at the Bank of Spain on Tuesday. “The adjustment can be gradual and be carried out via tax hikes,” he added, using the example of sales tax. “Compared to the rest of Europe, there is a large margin in terms of the reduced rates of Value Added Tax [in Spain], such as the rate collected by restaurants.”

In its analysis of the Spanish economy, the institution headed up by Christine Lagarde says that the country’s public deficit could end up coming in above original forecasts. “Immediate attention should be focused on restarting a gradual fiscal consolidation with the aim of setting the high volume of public debt on a steady descending course,” the IMF concludes.

The way to do this, according to the IMF, is through tax rises. “Spain can allow itself a rise in revenues,” the report argues. “By gradually reducing the number of VAT exemptions, the amount it collects would approach those of other EU countries. What’s more, and especially in these times of low energy prices, there is room to raise special taxes and environmental rates, as well as dealing with the inefficiencies and differentiated treatment of the tax system,” it argues. The IMF believes that this would see the tax burden pass from work to consumption, which would help growth.

Chart of the day: Religion and education


From the Pew Research Center, a look at average formal schooling attainment among the world’s religions:

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French central bank warns of a global slowdown


Thee global economic is engaged in a slow-moving crash.

When you consider the reasons, it’s inevitable.

While the rich are getting richer , everyone else is stuck or heading down [see our earlier posts].

And the rich are getting richer because their wealth is invested heavily in the  parasitical FIRE sector, the finance, insurance, and real estate markets,

Real economic growth, based on the consumption of goods and services, can’t happen without growth in the wages of the working and middle classes, the driving factors leading to consumption of those tangible goods and broadly used services.

But corporate mergers are producing cuts in pay and benefits, with cash assets stripped away and pocketed by plutocratic plunderers, rather than being shared with those folks whose labors produced all that wealth and could use their enlarged share of the pie to actually grow the economy [and, yes, we’re well aware that endless economic growth is itself problematic in the longer run].

And to buy what goods they can, people are increasingly forced to turn to debt, either through bank loans or credit cards, paying ever-higher rates of interest to the FIREy plutocrats.

And with education being privatized or subjected to reduced state subsidies, ever larger numbers of young people are being forced to take loans to attain educations once taken for granted.

And the FIRE folks get richer again.

And now for the warning, via Agence France Presse:

France’s central bank trimmed its growth forecasts for 2016 and 2017 on Friday, citing a deterioration in the global economy and Britain’s decision to leave the European Union.

The Bank of France revised its 2016 and 2017 growth forecast down to 1.3 percent, having previously expected growth of 1.4 percent this year and 1.5 percent next year.

It also predicted growth of 1.4 percent in 2018, down from its previous figure of 1.6 percent.

“In 2017 and 2018, the downward revision of our GDP growth projection… is mainly due to the deterioration in the international environment,” it said in a statement.

“The projection is thus particularly affected by less favourable foreign demand prospects.., notably as a result of the impact of Brexit on the UK economy and of its dissemination to the euro area economies.”

Understanding the predatory FIRE sector

For more on the current slowdown and its causes and the predatory nature of the FIRE section, watch this very informative German television interview with University of Missouri-Kansas City economist Michael Hudson, perhaps the most incisive commentator of the modern economic conditions:

Michael Hudson: How Private Debt Makes the Rich Richer

Program notes:

Michael Hudson talks about the causes of inequality in the 21st century

Our author Michael Hudson summarizes some important theses from his book “The Sector – Why Global Finance Is Destroying Us”.
The interview took place on the occasion of the 16th International Literary Festival in Berlin for a symposium titled “Inequality in the 21st Century. Progress, capitalism and global poverty. “ The authors, Angus Deaton, David Graeber and Michael Hudson, presented the most important theses of their current books.

Michael Hudson Bio: Michael Hudson is one of very few economists – globally – who perfectly predicted the 2008 financial crisis.

Michael is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Killing the Host (2015), The Bubble and Beyond (2012), Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), amongst many others.

ISLET engages in research regarding domestic and international finance, national income and balance-sheet accounting with regard to real estate, and the economic history of the ancient Near East.

Michael acts as an economic advisor to governments worldwide including Iceland, Latvia and China on finance and tax law.

California teacher banned for Black Lives Matter pin


And in California, too — albeit in the conservative Central Valley.

Pathetic.

From teleSUR English:

A California high school substitute teacher was banned from the Clovis Unified School District after wearing a Black Lives Matter pin to class last month, local media reported Saturday.

“They said it was a violation of their policy of being neutral regarding political issues, but I don’t consider it a political statement. It is a moral statement,” David Roberts told local newspaper the Fresno Bee. “I was very surprised because I didn’t think it was a violation of anything.”

After working as a substitute teacher for the district for more than 15 years, Robert has now been banned from working in any of the district’s schools according to an incident report issued last month and seen by the newspaper.

The report claims that Roberts was wearing a “political” button which offended some of the students while also accusing the substitute teacher of not following the lesson plan, which he denied.

“A pin that reads ‘Black Lives Matter’ is not a political button. It is a peaceful request to end this violence,” Roberts said asserting that his firing from the district was solely related to the button.

Aussie students hoist the Pharma Bro’s petard


Remember Pharma Bro?

That’s the nickname of Martin Shkreli, the greedy investor who plunged into the depths of infamy when he upped the price of a vital malaria drug by 30 times when it bought the only company that makes it.

Well, it seems some Australian students found a way to make the pils, which Shkreli priced at $750 a pop for a mere two bucks.

In other words, you could buy 375 of their pills from what one of Pharma Bro’s would cost you, before an internal furor forced him to cut the price to a mere $375.

Besides malaria, the drug is used to treat toxoplasmosis [previously], a disease caused by exposure to cats, and parasitical infections sometimes found in AIDS patients.

Well, it looks like the price will be coming down, and very soon.

From euronews:

The man who became a global figure of greed after hiking the price of a life-saving drug by 5000 percent in the US, may have just met his match.

Last year, US entrepreneur Martin Shkreli bought Turing Pharmaceuticals and almost immediately increased the price of the medicine Daraprim in the US from $13.50 to $750.

Now a group of school students in Australia has replicated a key-ingredient in the medicine for just $2.

Daraprim is an anti-parasitic drug used to treat malaria and HIV patients.

One of the students taking part in the experiments, Brandon Lee said: “It was a lot of trial and error, the process. We had to repeat a lot of the reactions and try different reaction conditions in order to see which materials in which things would react to make the Daraprim. But, yeah, it was a rollercoaster of emotions sometimes. I think because we are high school students we are able to relate to a larger audience, able to relate to the general public and show that even ordinary high school students like us, are able to make this drug for a pretty low price.”