Education crisis in California (tags)
After several years of continuous budget cuts, California’s schools are in dire straits. The state superintendent of public instruction, Tom Torlakson, went so far as to call it a “state of financial emergency.” Newly re-elected Democratic Governor Jerry Brown’s proposed budget, however, includes widespread cuts to higher education and social services in an attempt to close the $25.4 billion deficit. Inequality in California is so staggering that the wealth of the richest Californian, Lawrence Ellison, CEO of Oracle Corporation, estimated at $27 billion, would eliminate the entire state deficit.
Institute for Public Accuracy: G-8 and Genoa: Key Issues... (tags)
'The law of profit alone cannot be applied to that which is essential for the fight against hunger, disease and poverty. Hence, whenever there is a conflict between property rights, on the one hand, and fundamental human rights and concerns of the common good, on the other, property rights should be moderated...'