The further to the left or the right you move, the more your lens on life distorts.

Sunday, June 12, 2016

Laureate Education

The trained hamsters of the main stream media are only too happy to call Donald Trump a "racist" for his monumentally stupid comments about the Judge involved in the law suit associated with Trump University. As an aside, the trained hamsters tell us that Trump University committed "consumer fraud" by enticing innocent people to take real estate courses that some claim provided little benefit. Fortunately, little or no taxpayer money was involved, and even if the plaintiffs claims are true. There is little clear evidence that the goal was to defraud students any more than there is evidence that the hundreds of colleges and universities who put students into debt to gain worthless degrees  are committing outright fraud.

As all this is going on, the trained hamsters seem uninterested in Laureate Education—a for-profit online college with direct and very questionable ties to the Clinton money machine. Ashe Schow provides details:
Laureate is a for-profit online college that received an unusually large amount of money from the U.S. State Department. This happened while Hillary Clinton was secretary of state and after her husband Bill was named "honorary chancellor," a position that paid him $16.5 million over five years. His role included giving speeches around the world and lending his name to attract prospective students.

During the time, when Bill was acting as honorary chancellor, the U.S. State Department, under Secretary Clinton, gave Laureate Education a whopping $55 million in grants. Laureate Education had also received some grants under the George W. Bush administration, but the numbers exploded after the Clintons became involved.

In 2009, the year before Bill became the honorary chancellor (but Hillary was already secretary of state), Laureate Education "received 11 grants worth $9 million from the State Department or the affiliated USAID," according to a report from Bloomberg.

"In 2010, the group received 14 grants worth $15.1 million. In 2011, 13 grants added up to $14.6 million," Bloomberg authors Joshua Green and Jennifer Epstein reported. "The following year, those numbers jumped: IYF received 21 grants worth $25.5 million, including a direct grant from the State Department."

Like Trump University, Laureate Education has also been sued for fraud. Its Walden University Online subsidiary allegedly "worked like a scam designed to bilk students of tens of thousands of dollars for degrees," according to liberal professor Jonathan Turley, who recently documented the organization's ties to the Clintons. "Students alleged that they were repeatedly delayed and given added costs as they tried to secure degrees, leaving them deeply in debt. Sound familiar?
Sure does, with one fundamental difference. Once Hillary (as Secretary of States) and Bill got involved, significant amounts of taxpayer money were channeled in the "school." You'd think the trained hamsters in the media would be interested in Bill Clinton's $16.5 million compensation package as "chancellor." Since the median annual Chancellor salary in the United States is $260,307 (source: Google) for full time work, it would seem that Bill's annual average "pay" of $3.3 million (12 times the national average) might raise some eyebrows. Nah ... there's nothing to see here, after all, it's the Clintons.

So the next time you hear sanctimonious outrage about Trump University, think for just a second about Laureate Education and how Hillary used her influence as a government official to enrich her family with taxpayer money. Trump may not be right about much, but he's on target with the hashtag #CrookedHillary.