Open wide, Mass. parents!
PFFFFFFFFFFFTTTTTTT!
"Many more ask colleges for aid; Families feel pinch in tight economy" by Peter Schworm, Globe Staff | August 14, 2008
Facing a sputtering economy and escalating tuition, college students are applying for financial aid in surging numbers, the latest sign of tough times buffeting the nation's campuses.
College administrators and education advocates said the increase illustrates the strain families are experiencing in paying for college as they confront falling home values and growing everyday expenses.
This year, economic woes and turbulence in the private student loan market have made it harder for families to pay for college, prompting more to apply for financial aid and government-backed student loans, financial aid officers said.
Read my education labels for so much more on this rip-off of the American people!
Yup, when it comes to war profiteers or banks or Israel, well, then getting the money is not a problem, huh?
Requests for financial aid are also up at the state's community colleges. The vast majority of colleges award too little aid to cover total costs, forcing families to tap more of their savings and students to work or to take out more in loans.
Un-flipping-fucking-believable!!
Peter Giumette, dean of student financial services at Brandeis University, said that no matter what the odds, there is no downside to applying.
"We tell them 'You can't win the lottery unless you buy a ticket,' " Giumette said.
Hey, speak of the devils:
"Lottery vendor paid $132,000 to Cahill ally; Treasurer steered tens of millions to a ticket maker" by Frank Phillips, Globe Staff | August 14, 2008
O.K.
Seeing as this is on page one, I guess the Globe doesn't like the state treasurer.
If you type in Cahill to my blog search you may see why; however, is just a coincidence that they don't go after the governor for corruption when they like him so much?
The Massachusetts State Lottery's largest vendor paid in excess of $132,000 in consulting fees to one of state Treasurer Timothy P. Cahill's closest friends and political confidants, at the same time Cahill steered tens of millions of dollars in contracts to the national firm, according to records and officials.
Great.
The lottery just another looting machine for the state -- as we always knew it was -- and the TREASURER dipping at the till, too!!!!!!!!
How many semesters would that pay for, kids?
Cahill has since given Scientific Games three one-year extensions worth over $30 million in additional state payments. As Scientific Games was successfully vying for its contract renewal and subsequent extensions, the company was paying Thomas F. Kelly $3,000 a month in a consulting arrangement that began in November 2003 and continues today, according to records obtained by the Globe and confirmed by people involved in the payments. Kelly is Cahill's Quincy neighbor, a chief political fund-raiser, and a longtime friend.
Ohhhh, talk about RANK CORRUPTION!!!
While there is nothing overtly illegal about Kelly's role, it again serves as an example on Beacon Hill of political friends appearing on the payrolls of companies who are trying to win lucrative contracts with the state.
Yeah, it is the KIND of THING RON PAUL TALKS ABOUT in his book!!!
The Globe has reported on friends of House Speaker Salvatore F. DiMasi working on behalf of a software company and a consortium of ticket brokers as they tried to win contracts and push legislation beneficial to their cause.
Yeah, I KNOW about the RANK CORRUPTION down there in Bahstun!
Wow! Those scratch tickets add up!
True story: I worked in a liquor store once, and this old lady comes in says "gimme a lottery ticket."
Scratches it, and as she is doing it she muttered "damn crooks."
Then she turns her head up and says "Gimme another one."
True story, I kid you not.
America, you are SCREWING YOURSELVES!!!!
Kelly's role during the process is unclear. Invoices that Regan Communications sent to Scientific Games, recently obtained by the Globe, describe Kelly as providing "grass-roots services." An executive with Scientific Games, Thomas Hodgkins, described Kelly in an e-mail yesterday as a "nonlobbyist consultant" hired for his "understanding and insight on the lottery and gaming markets" in Massachusetts.
Oh, so now the ILLEGALITIES and the FUDGING COME OUT!!!!!!
Regan Communications, owned by Boston public relations executive George Regan, said in a written statement that Kelly was hired at the suggestion of Theodore Aleixo, Scientific Games' veteran State House lobbyist and a former state senator, to provide information on the various proposals on Beacon Hill to expand legal gambling in Massachusetts.
Oh, the RANK INCESTUOUSNESS of the WHOLE HILL!!!!!!!!!!
It IS TIME for a REVOLUTION, AmeriKa!!! WAKE UP!!!!!!!!!!
According to the Regan invoices, Regan paid Kelly's company, CanAm Consultants, $3,000 a month, then billed Scientific Games for the payment. Regan also billed Scientific Games $5,000 a month for its own services.
Cha-ching, cha-CHING, huh?
Kelly has no apparent gambling expertise. A top deputy to state Treasurer Robert Q. Crane in the 1980's, he is an influential but little-known figure in state political circles, best known for his sometimes controversial work marketing investment firms to public pension funds.
Oh, no wonder this state is up to its eyeballs in debt and is in so much trouble!!!!
In 2005, Inspector General Gregory W. Sullivan uncovered what he called "a secret arrangement," in which Kelly and a colleague received $2.8 million in hidden fees charged to the Middlesex Country Retirement System for an investment they arranged and that lost $35 million.
It's called LOOTING!!!! Holy shit!!!
And this guy is in good with the TREASURERE, huh?
In the private sector, Kelly is still heavily dependent on public officials, and he regularly raises money for political candidates.
Translation: This guy is a PARASITE!!!!!!!!!!!!!!!!!
A LOOTING POLITICAL PARASITE!!!
Three months after the Lottery Commission gave the firm the work, Scientific Games' chief executive, A. Lorne Weil, hosted a fund-raiser in Manhattan at the Water Club, a pricey restaurant on the East River. Campaign reports show that Weil and his associates raised nearly $20,000 for Cahill's campaign committee at the Oct. 26, 2004 event.
It's called a KICKBACK, BG!!! It's all right, you can say it!!!
I know you love the agenda-pushing politicians on the hill and think they are great, but you can SMELL the STINK of RAMPANT CORRUPTION, right?
Hodgkins did not respond to questions about his firm's fund-raising activities for Cahill. Ronayne, Cahill's spokeswoman, said the treasurer did not know of any role Kelly played in setting up the fund-raising event.
Yeah, THEY DON'T KNOW NUTHIN when you CATCH 'EM in the COOKIE JAR!!!!!!
Oh, I'm GAGGING on the STENCH from Boston and I'm 90 miles away!!!
But this was about SCHOOL LOANS, right?
Where the STATE is going to COME to the RESCUE, right?
Right?
"Student loan authority may not get state aid; MEFA turns to large investors in its quest to raise $400 million" by Beth Healy, Globe Staff | August 14, 2008
Oh, you GOTTA BE FUCKING KIDDING, right? Right?
And why is this in the business section when the other articles were front pagers?
Yup, we's asking buts we's ain't's gettin!
Financial help from the state appears unlikely for Massachusetts' student loan authority, which is pressing ahead with efforts to raise money the traditional way - in the public market.
Unless you are a parasitic looter!
The Massachusetts Educational Financing Authority has hired a new lead investment bank, Morgan Stanley& Co., and a new bond insurer and is aiming to raise about $400 million from large investors, according to a person involved in the effort. The person asked not to be named because the bond issue is incomplete.
Oh, God! They hired the crooks at Morgan Stanley to look after this!
Un-effin-believable!
So what's the FEE gonna be to the BANK, huh?
The nonprofit loan authority's former banker was UBS Financial Services Inc., which closed its municipal business amid the auction-rate securities scandal and has agreed to buy back $19 billion of those investments from customers.
From one crook to another!!!
The authority provided $510 million in loans to more than 40,000 students last year, but in late July it revealed that it would have no money for students this fall because it couldn't launch a bond offering in time. Demand for bonds issued by student lenders evaporated last fall as a result of the broader troubles in US credit markets.
Yup, when it comes to war profiteers or banks or Israel, well, then getting the money is not a problem, huh?
MEFA's empty coffers sent students and families scrambling to find other loans just as tuition bills were coming due. The authority's private loans have been popular because they were offered at low, fixed rates: Many lenders offer only variable rates, which can rise unpredictably. The loss of MEFA as an option this year could cost families significantly more in interest payments over time.
Siiiiiiiiighhhhhhh!!!! WTF?!!!?!
How about FREE EDUCATION FOR ALL, huh?
FUCK THIS SHIT!!!
Just being RAPED BY BANKS yet again!!!!!!!!!!!
And you wonder where the rage comes from, huh?!!!!
Two last-minute proposals to assist the authority were floated last week by Governor Deval L. Patrick and state Treasurer Timothy P. Cahill, but both appear destined for dead ends.
Yeah, JUST LIKE this FUCKING STATE!!!!!!!!!!!
As things go from BAD to WORSE, Mass. taxpayers!!!
Slowing sales tax collections are threatening to sharply undercut the pace of school construction and repairs in Massachusetts.
The Massachusetts School Building Authority, funded with a share of the state's 5 percent sales tax, was created when collections were conservatively expected to grow more than 4.5 percent annually. Instead, they have averaged closer to 2 percent in recent years.
Now, the nation's sagging economy has authority leaders girding for zero percent growth, or worse, which would leave the authority with billions less for future school projects.
"It is a trend that is not favorable to us," Andy Cherullo, the authority's chief financial officer, told board members last week.
That's because you aren't a WAR PROFITEER!!!!
Treasurer Timothy Cahill, who has served as board chairman since the authority was created in July 2004, said the drop in collections should lower expectations among parents and school leaders.
Yup, just LOWER YOUR EXPACTIONS while HE and HIS CRONIES ROB US BLIND in this state!!!!
UN-REAL!!!!
I wouldn't blame you for puking up shit, Mass. resident, after all that this government and MSM have fed you!
Of course, it is ALL BORROWED MONEY at this point, and you know where that leads (at least I hope you would), readers.
FINANCIAL COLLAPSE and RUIN, silly!!!!
