Thursday, October 06, 2005

Pipe Dreams of Endowments... (developing)

Someone said that the party line currently promulgates the notion that real estate development of Immokalee will provide for the best endowed school in all the country.

I suppose money is what is most important after all.

However, CNN Money article: The Most Overvalued Housing Markets.
Naples, Fla., came in third at $276,827, 62 percent higher. "Signs are emerging," [the author] wrote in the report released today, "that the five-year boom in house sales and price appreciation may be losing its heat."

Little too late to be looking for high profits.

Thom thinks a $10,000 is an appropriate amount for a student wardrobe. So I can't begin to imagine what he thinks affordable housing prices at.

Chesterton wrote in The Outline of Sanity:
The remedy in the economic and social sphere is a reversal of that centralization which eliminates private property in any meaningful sense, and thus eliminates real freedom. The Church – and so too, Chesterton, as Her loyal son – has always maintained that political and social freedom without economic freedom is a cruel illusion. Human freedoms granted in man-made Constitutions by the stroke of a pen can be revoked by a similar stroke of the pen. Political freedoms can be extinguished by political repression, albeit justified; more commonly they are extinguished by ensuring that universal suffrage is about as useful as Confederate bank notes. Economic freedom in the modern world is simply the right to compete with others for a job which provides wages; it is an illusion which can be quickly shattered by the shedding of jobs, corporate restructuring, or budget cuts.

In contrast, the man who owns not merely his mortgage paperwork, but his own house and land, who grows his own food, who draws water from his own well, is not so easily treated in such a cavalier fashion. He is always the free man, the man who chooses what, where, when and how – choices that are frequently less open, if at all, to his wage-earning counterpart who is a slave in all but name. Living among other free men with the same freedom, independence and self-sufficiency, he is confronted with a social fabric that by its very nature demands that he use his freedom with a clear understanding of the needs and rights of his neighbor.

I wonder if Thom's houses will be priced so this goal is achievable.

I wonder if he ever read the first paragraph of that quote, or uses it for leverage.



At 1:30 AM, October 06, 2005, Anonymous Anonymous said...

Well I agree fully with your assesment of the AMC situation and I am certainly not a fan of AMU, I believe that the buyout of students of AMC might be a blessing in disguise. I can tell you personally that the quality of education at AMC has dropped up considerably in the past several years. This is not neccesarily due to the "wind down", rather it is the result of the the faculty focusing primarily on efforts to start a new college in Michigan. Additionally, students @ AMC have felt like they have been lied to by both AMU administrators and AMC faculty. Students are hesitant to trust AMC faculty members because we realize that there advice (usually to stick around the sinking ship) is clearly given from a self-interested perspective. I believe this is equally wrong.
At this point in the game, I believe both sides in this squabble are hurting the Church, but thats just my opinion

At 11:35 AM, October 07, 2005, Anonymous Q.E.D. said...

So, anonymous, how can you give us this assessment "personally"? Are you a current AMC student?

The supposed "buy-out" looks more like a "buy-off" to cover for the administration's earlier assurances that current students could graduate through 2007 (at least according to New Oxford Review). There will certainly be a non-disparagement and gag clause tied to such money.


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