More opinions on public education:
“Everybody seems to forget the premise behind gov’ment schools. They control what you are taught and how you are taught.
“Homeschooling or private schools may teach unapproved history not sanctioned by the state.”
And here’s a throwback idea for upending institutional education…
“Americans who were educated in one-room school houses did the best in our history.
“Today, in towns, cities and suburbs, the system [would] need very little alteration. A modest house with kitchen, 2 bathrooms and a large living room would suffice.
“[You’d need] one teacher with an assistant, preferably parents who volunteer teaching, and older children teaching the younger ones how to read, write and do basic arithmetic.
“If a teacher is found to be lacking in strong moral and ethical character, it would be a simple process to remove that teacher and replace with a more acceptable person.
“Teachers would have the authority to mete out corporal punishment; ‘parents’ who have a problem with that can always send their children to government schools.
“Without massive institutions where children are mere numbers instead of young people, the quality would increase and the drop-out rate would plummet along with the expense.”
We don’t have the data on the effectiveness of this old-school model. Think this might work?
Your Rundown for Thursday, Dec. 6, 2018:
As if this week’s market hasn’t been weird enough…things could get downright ugly today.
Monday, the DJIA floated 400 points. The next day? Free fall 800. Yesterday, the markets were shuttered for a national day of mourning. And investors were grateful for the breather.
All that to say, prepare yourself for more turbulence ahead.
What’s rocking the markets this morning?
We can simplify that to two words: Huawei. Arrest.
At the behest of the U.S. government, the CFO of Chinese semiconductor giant Hauwei was arrested in Canada on Saturday, Dec. 1. Mind you, the CFO isn’t just anyone — she happens to be the daughter of Hauwei’s CEO.
The accusation against her? Violating U.S. sanctions against Iran; for which, the U.S. is asking for her extradition.
Mind you, while the arrest was happening in North America, President Trump was breaking bread with China’s leader Xi Jinping in Buenos Aires, trying to reach some sort of trade-war detente.
Xi Jinping is reportedly, well, pissed which jeopardizes the delicate agreement he made with Trump.
Now that the arrest has been splashed across headlines, get ready for the collective freakout.
We wanted to provide you with some sort of silver lining (sidebar: speaking of precious metals, gold might not be a bad idea right now) so we set out to find a stock in the general semiconductor ether that might be a good buy.
Considered Intel lately? The darling of the late 90s and early aughts is working hard to reinvent itself, making its way into IoT, self-driving technology and data centers.
While Intel’s played second-fiddle to AMD recently, it’s pivoting to change that. Bottom line: it’s a bargain right now.
Market Rundown for Thurs. December 6, 2018
S&P 500 futures are down 43 points to 2,654.
Oil is down $1.46 to $51.43 for a barrel of West Texas crude.
Gold’s up $5.40 to $1,248 per ounce.
Bitcoin is down $56 to $3,681.64.
Have a good day. We’ll talk tomorrow.
For the Rundown,