Ms. M.L. shared this, and this too is an aspect of the edurot that needs strong attention: the lousy return on a lousy investment that American edubabble has become:

Higher Education Is Morally and Financially Bankrupt

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Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".


  1. Nathan on April 7, 2016 at 7:32 pm

    Slavery! I call slavery!

  2. Robert Barricklow on April 6, 2016 at 5:55 pm

    This disproportionate relationship between capital and value –
    or invested money versus actual revenue –
    is the hallmark of the dominant digital economy.

  3. Roger on April 6, 2016 at 11:55 am

    My sister went into debt for 50 grand in easy government loans to go to college so she could get a better job and live the American dream. Her carrear choice no longer pays enough to pay off her government loans it took to qualify for those jobs. She got a job with the state of Florida which barely pays a livable wage but is better than all the service jobs here that pay less without the benefits. Section 8 housing corruption is now driving up all the rent so those that actually work in this state can’t afford to eat after paying rent. Buying a house is now cheaper than paying rent but all the cheap houses are being bought up by investors to rent to and take advantage of section 8 housing programs that allow them to charge more rent then the working class can afford. These investors are also buying these houses with cash and are driving up housing prices to unaffordable levels. Well, she finally got to a house before the cash buyers and was pre-approved for the loan and was finally going to get a roof over her head cheaper than rent and would be able to eat again, or so she thought. At the last second, even though they knew about her student loans and approved her anyways and she put out 2 grand in inspection fees and everything else they informed her a few days before closing that because of her student loan amount they could no longer give her a loan. Pretty much anyone with a student loan who doesn’t get lucky and get a very high paying job will never be able to buy a house until their student loan is paid for which is an impossibility for most with these loans in todays work place market and conditions. It now pays more in this country not to go to college and not to work. And like every big government program full of unintended consequences and hidden costs section 8 housing and student loans are doing more damage than they do good. Especially to the under paid working class who for their efforts are rewarded with homelessness and malnutrition.

    • marcos toledo on April 6, 2016 at 1:35 pm

      To make it country simple Roger that’s why they call it slavery. They always branding it with a different name but slavery by any other name is the same institution.

      • Robert Barricklow on April 6, 2016 at 8:04 pm

        Absolutely on the money Marcos!
        Fact is jobs are a relatively new approach to work, historically speaking. Hourly-wage employment didn’t really appear until the late Middle Ages, with the rise of the chartered corporation. Craftspeople were no longer allowed to make and sell goods; they had to work for these proto-corporations instead. So people who once worked for themselves now had to travel to the cities and find what became known as jobs. They no longer sold what they made; they sold their time, a form of indentured servitude previously known to only slaves.
        They monetized human-time, as the invention of the mechanical clock coincided with this new understanding of labor as time and made the buying and selling of human hours standard and verifiable.

    • goshawks on April 6, 2016 at 5:50 pm

      Roger, your sister is suffering from the ‘trickle down’ effects of shipping American jobs overseas. First, it started with manufacturing jobs. We were told the culture would prosper on service jobs; not to worry. Then, the internet allowed most service jobs to be ‘outsourced’ to regions of low labor costs (overseas). So, it has come down to every job that does not involve ‘touch labor’ is vulnerable. Unfortunately, there are more ‘touch labor’ jobs at restaurants than for surgery.

      The elites are ‘weaponizing’ everything, from rents to student loans. Not long ago, the neocons forced a showdown around student loans where interest rates would remain high – impoverishing students from the outset. Student loans have also been made ‘non-cancellable’ during bankruptcy proceedings. Weaponized.

      Sooner or later, the sheeple will have had enough. It will be interesting to see the ‘restructuring’…

      (In the meantime, have your sister look around for apprenticing-into a non-exportable ‘touch labor’ job. My condolences to her…)

      • Roger on April 6, 2016 at 6:18 pm

        My advice to her was find only a part time job that pays a lot less and only works you a few hours each week so she would qualify for section 8 housing and to have a few more kids so she could get enough food stamps and rental assistance to have a happier healthier life. Unfortunately this is the new American dream all the foriegners are coming here to enjoy. Once they are here they start having kids to qualify for all this and once they get in the system are take care of for life. They live better than those who work full time jobs and so make to much to qualify for help but not enough to survive. Can’t be married though or know who your kids father is because you will get less assistance but you can still have him secretly living with you paying you rent that pays for your car and insurance. Only other way to get taken care of better than most jobs will allow you to live is claim a disability or turn 68 so you get on the list for section 8 housing.

        • Sandygirl on April 7, 2016 at 9:50 pm

          with the new health care laws, companies are not offering health insurance to employees so they must buy it from their state or federal putting the cost on taxpayers. This train is gonna crash soon.

          • Roger on April 8, 2016 at 1:22 am

            Yep, the health care laws appear to be another transfer of wealth from the working poor and middle class to the rich insurance providers. But with the owners of the insurance providers also owning the money printing presses why do they need our money when they have unlimited access to the money they create out of thin air? It must not be about money after all. The only thing I can think of to explain everything they are doing to impoverish everyone through a thousand hidden taxes to the money printers is its really about stripping us of all our physical assets, independence and freedoms. Why would people who have everything and can have anything want to do this is my next question? Only answer that makes sense to me is that they have become slaves to the essence of the bestial potential that lurks in all spiritually weak men. The beasts among us crave the abuse of power and its an addiction that will destroy civilization without eventual intervention. Unfortunately intervention historically rarely occurs in time if at all.

      • goshawks on April 6, 2016 at 6:29 pm

        ‘Weaponization’ in Russia. Putin speaking:

        “In 2008-2010, profits from the selling of energy grew. Do you know how much? It’s up 279%. Only for them… For the organization’s distributors. They also raised their dividends to shareholders by 312%.”

        (This was after the state’s energy companies were privatized, and ‘rent extraction’ began on this new monopoly…)

    • rich overholt on April 13, 2016 at 2:13 pm


  4. marcos toledo on April 6, 2016 at 11:40 am

    This goes back centuries miseducation has always included the elites themselves. That’s why these societies have crash and burned time after time. Until our elites learn to understand a educated prole is a asset instead of a threat to them it’s me me the rest of the world can go to hell as far as they’re concerned.

  5. Neru on April 6, 2016 at 9:20 am

    Dear dokter Farrell, you are being old fashioned (or not old fashioned enough).
    Don’t you know IQ is race bound, it is simply having luck to be born in the right country in the right race.

    It isn’t bad enough that Mr Hitler is made look like a hero in some alt. media now it is time for the Nazi agenda to be popularized. Evedently the promoters think the west is dumbed down and angry enough to try this cheap crap again.

    But being in the thick of it all I am holding my breath and praying because what I am hearing around me sounds ugly and so angry many are on the verge of embracing stupidity insted of thinking things thru.

    Yes, education in most western countries is a mess but serving a alt. old agenda and therefore paying off it seems.

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