"I know no safe depository of the ultimate powers of the society but the people themselves; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them, but to inform their discretion by education. This is the true corrective of abuses of constitutional power." - Thomas Jefferson 1820
"There is a growing technology of testing that permits us now to do in nanoseconds things that we shouldn't be doing at all." - Dr. Gerald Bracey author of Rotten Apples in Education
"There is a growing technology of testing that permits us now to do in nanoseconds things that we shouldn't be doing at all." - Dr. Gerald Bracey author of Rotten Apples in Education
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Tuesday, December 20, 2011
High Schoolers Want to be Economic Billionaires! The Occupiers Won't like this Video.
This is a video from two high school economic students at Knightstown High School in Knightstown, Indiana detailing their plans in becoming billionaires. It is a project for a class assignment and adapted from Travie McCoy's song "Billionaire":
Here are the adapted lyrics from students Josh Sorrell and Jon Jordan referring to economic theories learned at school:
I wanna be a billionaire so freaking bad
Import all those things i never had
I wanna be on the cover of Surplus magazine
Smiling next to Nielson and his rings
Oh everytime demand shifts right
My favorite product raises its price
It's the only product that i like, i swear
The market better prepare for when i'm a bilionaire
Yeah i would be at the top of the market
I would buy all the stocks
Everyday is business so give me your stock list
I'd determine the best time to buy and make a bunch of money without losing a dime
Not just anyone could understand the market like me
There to busy keeping there businesses away from me
Been a couple months since I shown up but you can see me running the money.
I'd probably run you out of business
You can't forget about your only competition.
Everywhere I go imma have my own show
So you better watch out yo
Oh everytime demand shifts right
My favorite product raise it's price but it's alright
Yeah because it's the only product that I like, alright i swear
The market better prepare for when i'm a billionaire.
Oh oh oh oh when i'm a billionaire.
Oh oh oh oh.
I'll be trading with the president.
Bartering for his delegates
Then I compliment on his political endeavorates.
Toss a couple milli in the air just for the heck of it
But keep the twentys, tens, and bens completely separate
And yeah be in a whole new tax bracket
We in a recession but let me take a crack at it
Because I'm the only one that can make my MR equal to my MC
But I will make sure my TR is always bigger than my TC
They better not tax me
I'll lower my quantity
Just to make a profit
Then pull out my wallet and put it in the air
And sing
I wanna be a billionaire so freaking bad
Import all of the things I never had
Uh, I wanna be on the cover of Surplus magazine
Smiling next to Nielson and his diamond rings
Oh everytime demand shifts right
My favorite product raise it's price
It's the only product that I like, alright I swear
The market better prepare for when i'm a billionaire.
Oh oh oh oh when i'm a billionaire.
Oh oh oh oh.
I wanna be a billionaire so freaking bad.
THE END
The teacher, Mr. Nielsen, is teaching these young men economic theories of free market capitalism and the chance for them to own their own life...they have a dream of financial freedom and innovation instead of waiting on the government for a handout or redistribution of wealth. This video is quite different than the 99% 'Occupy Now' message of shared suffering and "fairness".
Mr. McCoy declares his desire to become a billionaire but doesn't give us an idea on how he will accomplish the goal. Mr. Nielsen is helping these students establish goals based upon their desires, then teaching them how to develop plans to make it happen. He's providing the tools students will use to shape their adult lives. These tools or lessons will allow them to pursue and create opportunities to become self-sufficient...and perhaps billionaires.
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