NEP’s Bill Black appears on The Real News Network and discussing the hacking of consumer credit reporting giant Equifax, and the company’s ‘cynical’ handling of it, is a far-reaching disaster that borders on criminal. You can view here with a transcript.
NEP’s Bill Black appears on The Real News Network and points out that former Treasury Secretary Lawrence Summers’ recent plea for greater unionization contradicts his actions as a member of the Clinton and Obama administrations, when he promoted financial deregulation, increasing the power of capital. You can view with transcript here.
By William K. Black
September 5, 2017 Kansas City, MO
In my immediately prior article I discussed how Politico fell for Third Way’s dishonest discussion of how Democrats should brand themselves as the party committed to jobs. I explained that progressive Democrats were the party of good jobs in part because they opposed fraudulent for-profit schools while President Trump, the Republicans, and the New Democrats were anti-jobs because they supported the rip offs. Trump, having run a for-profit “university” so fraudulent that.it was not even a real university, is the most glaring patron of these frauds.
Trump appointed Betsy DeVos as Secretary of Education because she is a fierce enemy of public education and loves the for-profit frauds. Recently, however, DeVos has taken a step so brazen that it adds proof to our family saying that it is impossible to compete with unintentional self-parody. DeVos chose a prior executive of DeVry, a for-profit school sanctioned for its recurrent frauds, to head the Education Department’s “enforcement” unit responsible for disciplining fraudulent for-profit schools. In any normal administration, this would be a scandal leading to investigations and resignations in disgrace. Under Trump, the latest DeVos scandal is already a forgotten footnote in an administration in which absurdity and sleaze are constant companions.