The Biggest Scam of the 21th Century

[quote]countingbeans wrote:
Testy1 wrote:
countingbeans wrote:
Testy1 wrote:
countingbeans wrote:
Testy1 wrote:

I don’t believe he was saying don’t go back to school, just don’t go straight from undergrad to grad school.

As far as employment history, if you can’t factor in that thousands of people were losing their jobs during a period when someone wasn’t “chasing the dream”, then you most likely shouldn’t be in charge of hiring.

There is a significant difference between working in a warehouse and getting your MBA in this job market, and just working in a warehouse.

If you don’t understand that, I know why you aren’t in charge of hiring.

Yeah people are losing/lost their jobs. The ones that are putting in effort to be better in the field with laid off are going to look better than those that are sitting back blaming the economy for their situation.

How is this not common sense?

Again, no one is saying that you shouldn’t be trying to better yourself. It’s doubtful that someone that has taken the initiative to get a degree is going to stagnate in a warehouse.

Maybe that is part of why the economy is in the state it’s in, we have beancounters doing the hiring.

Your reading comprehension is lacking here. You quoted someone who told OP not to get his MBA saying that he “should post more and others should post less.” When neither of you have any fucking clue what you are talking about, given the current job market.

Why do people who don’t do this for a living suddenly think they know how successful businesses run once they log into the internet?

Oh and I’m sure a designer such as yourself could asses a potential employee better.

Who’s reading comprehension is lacking?

This is what he said,

“Getting an MBA just out of college is not the way to go. You will not get nearly as much out of it as you would if you spent five plus years out in the business world. I went back and got my MBA fifteen years after college. There were several fresh college graduates in my program as well. They were smart and eager. They were loaded with conceptual knowledge. What they lacked was experiential knowledge.”

My guess is he has more years experience than you have been out of diapers.

Re-read my posts. I specifically said in THIS JOB MARKET his advice is fucking dumb, if you want to work in finance when the market normalizes.

Christ it’s like talking to my son around here sometimes.

Tell you what, you’re right. He shouldn’t pursue his MBA. Even though he can’t get a job in his field, using his undergrad degree, he should certainly wait until he has worked in finance to get his advanced degree.

And when he goes for and interview in 18 months, and is up against 4 other applicants that DID get their MBA while they couldn’t get a job in this market, I’m sure he’ll get the job before they do. Because, you know, a lot of people were unemployed, what was he to do? Woe is me…[/quote]

Beans, I answered your points directly myself. In case you did not notice I clarified your misunderstanding. But to put it in your words, one of us does do this for a living, and it is not you. If you do not agree with me, so be it. Calling my suggestions “just fucking dumb” when it appears that I am the professional and you are starting out, well I will just chalk it up to hubris.

[quote]JEATON wrote:

This is why I have posted so little in seven years on this site. Time and again it amazes me how people can take one line, or less, out of a 500 word post and go to war against the poster. Counting beans, you are looking for absolutes where none exist. You are calling me out on specifics for a reply that left room only for generalities.[/quote]

Here is the deal. The kid can’t get a fucking job right now with his degree. He CAN’T GET EXPERIENCE! So the best thing for him to do, if he wants to work in finance is continue his education in his field while the job market is tough.

Again, in a normal job market I agree with what you wrote 100%. But in this job market, it is a much better option then doing something else and hoping to score when the market turns around.

You are doing the same thing your bitching about in the above paragraph.

Dude, I’ll be the first one to agree that experience trumps formal education 99 time out of 100.

But again, he can’t find a god damn job in his field, he CAN’T GET EXPERIENCE. It’s better he goes back to school while looking rather than only work in the warehouse.

Apparently I misread you then. I apologize.

Again, I agree. But this market is not the norm. You have to tailor you advice for the situation, and you should know that as a consultant.

Hey, I do the same, shit we have replaced more than one consultant in my time at my firm. I have to check with my mentor more often then you do, but I run jobs at this point, and my five figure bonus wasn’t too shabby. I run about 800,000 a year worth of billings at this point, and will be bringing in my first client in a few weeks.

It’s called the fast track and busting your ass.

Agreed, in a normal market.

So this kid sits down across the table from you in 18 months and has full time warehouse experience, and the two candidates before him have semi-full time warehouse experience and completed their MBA at night with a 3.5+. You are gonna sit there with a straight face and tell me you are going to take the guy without the MBA?

You just got fired as a consultant.

People that want to be staff forever take their time to learn. People that want to be a partner learn on the job and get their piece of paper at the same time. Dude my mentor was a partner in just over 10 years. Do you think he should have slowed down to “get more experience”? That is retarded.

I’ll look at my bank account, the TL work pays for in the driveway, the two weeks in Aruba coming up, remember the fact I am basically my own boss at that point, and my wife doesn’t have to work if she doesn’t want to, and realize it’s all worth it.

[quote]JEATON wrote:

Beans, I answered your points directly myself. In case you did not notice I clarified your misunderstanding. But to put it in your words, one of us does do this for a living, and it is not you. If you do not agree with me, so be it. Calling my suggestions “just fucking dumb” when it appears that I am the professional and you are starting out, well I will just chalk it up to hubris. [/quote]

I answered you answer.

Yeah I am an arrogant fuck, because I’ve earned the right to be by busting my fucking ass. I accomplish shit. I don’t sit around and bitch, or take my time “learning a few things” before getting my papers in order, and taking responsibility. I pick the ball up and run with that shit, learning by experience AND TAKING MY CLASSES AT THE SAME TIME. How novel.

When it comes down to it, my experience is less than yours. I’m also above people at my firm with a year or more of experience on me. I was running a $200,000, 1,000 man hour job within my first 9 months at my firm. That doesn’t happen because you have a pretty face.

My position here is not invalid. You are just refusing to listen to me because I’m younger than you.

[quote]ampleforth wrote:

Jews? A scam? Jewish people exist. How is that a scam? [/quote]

Sure, jews exist, so does goldman sachs.

Not refusing. Valid solution. You are forgetting that I never attacked your suggestion. Never said anything actually. Someone else agreed with me and you decided to declare my suggestion as “the dumbest fucking thing you have ever heard.” Remember, neither of us really know the poster’s true situation. He cannot get a job in his field? It is an awful wide field. How extensive has his search been? I made a few assumptions. Maybe I should not have. I assumed that he could do a better job of searching than he had exhibited to this point. Maybe his initial search was too narrow. Either way, if he is working in a warehouse right now it is likely that he is not from a wealthy family. He may or may not have tons of student loans as things sit.

My suggestion, widen his focus. Get a job as close to what he wants as possible and do that job to the very best of his ability. Look for ways to steer his career closer to his choosing. After he has a few years of real world experience, enroll in a working adult MBA program.

Or he can do it your way. After all, I don’t think it is the dumbest thing I have ever heard. Just a different perspective.

[quote]JEATON wrote:
I made a few assumptions. Maybe I should not have. [/quote]

Eh, your right. I made assumptions too.

I never really meant to attack you per say, it was more aimed at the dude responding to you.

But this is the interwebs…

Can we close with a big burly Man Hug?

[quote]JEATON wrote:
Can we close with a big burly Man Hug?[/quote]

Lol, I’m not even shitting you when I say I was thinking the same thing.

You old bastard :wink:

How do ya like my avatar. Hottie isn’t she.
She is Old School.

Religion & Big Government!

You will be hard pressed for find a greater source for past and future misery.

[quote]countingbeans wrote:
JEATON wrote:
Can we close with a big burly Man Hug?

Lol, I’m not even shitting you when I say I was thinking the same thing.

You old bastard ;)[/quote]

You guys had to have planned that out.

It’s too…fucking…cliche

You guys HAD to have planned that out.

Biggest scam? Those bullshit “colleges” such as: Devry, ITT tech, pheonix university, everest, virginia college, and all the strickly online colleges (with the exception of military ones whose credit hours DO transfer). these fucking schools are jokes, every day I leave the gym I nearly run over one of these dumbass everest college girls getting off the bus.

Congratulations, your paying 20k a year for your ignorance, when you could be spending under 15k a year at the local community college, and have GUARANTEED TRANSFER TO UF. Hm, which is smarter? 4 years at everest college and when you tell an employer that you went there you get laughed out of the building?, or 2 years at a community college which typically outperforms multiple top state schools, and then having a bachelors from the University of Florida?, not to mention, for a grand total of 70k, if you don’t work. Or, 80k for a joke of a degree.

Lets see what else…oh, Law School. Yes, I understand that its a needed profession and that you CAN make good money in that field. But if anyone doubts that law school is a waste of money, go pick up your phone book, and go to attorneys, and see that half the fucking yellow pages is for lawyers. Guess what, 95% of them are flat broke. My g/f (ex stripper), used to work with another stripper who had her juris doctor, but continued to strip because she made 65k a year stripping, and only would make 25k at a law firm. Granted thats a tad short sighted, in 10yrs she won’t be making shit stripping.

Anyway, anyone who says legitimate colleges are scams are idiots, or the underachieving fucks who’ve had everything handed to them with ZERO life experience who went to school solely because their parents wanted them to and they didnt have the backbone to say fuck that, and when they graduate in the bottom 25% of their class and can’t get a job, they manage to wonder why. Congrats you have a degree, and your graduating gpa was 2.0, and you were 650/700 of your graduating class. Good job, sure, go ahead and blame the fact that you had a job, or had bills to pay, I don’t care, I know plenty of single mothers who’ve went to school full-time, worked fulltime, and still managed to raise their kid or kids, and have employment directly out of school.

I see it every time I go to class, these people a few years younger than me, and not a single one actually wants to be there. Yes, english 1101 sucks, I don’t want to take the class either, but you’d better believe I’ll bust my ass and get an A so I can get into UF.

Yes, I know that college certainly isn’t for everyone, some people enjoy their jobs, electricians, or carpenters, or being in sales, but one thing I’ve seen, is that anyone who loves their job and is genuinely motivated to exceed in life, does exceed. Blame not going to school on debt or whatever, unless your a white male its retardedly easy to get extra grants for school.

Anyway, want a job? Go into the medical field.

/end rant

P.S. CO2 in the atmosphere has followed the temperature on earth that last few million years, not the other way around. Are we causing global warming? Maybe, but no one is sure 100%, even the scientists who are on the council.

edit: Also, if you’re one of the guys in this thread that have a degree and can’t find work, I really hope your not just looking where you live. I find it hard to imagine you can’t find anywhere in the country.

[quote]JEATON wrote:
How do ya like my avatar. Hottie isn’t she.
She is Old School.[/quote]

I don’t have the faintest idea who that even is.

[quote]Stuntman Mike wrote:
countingbeans wrote:
JEATON wrote:
Can we close with a big burly Man Hug?

Lol, I’m not even shitting you when I say I was thinking the same thing.

You old bastard :wink:

You guys had to have planned that out.

It’s too…fucking…cliche

You guys HAD to have planned that out.[/quote]

I feel dirty now, but nope. it wasn’t

[quote]ampleforth wrote:
The stock market is not a scam unless you allow it to be. It is a gamble just like horse racing or cards. If you don’t know what you are doing, you will get burned but it isn’t a scam. For most it is simply speculation. You have to realize that wealth is not created by the stock market. It is a representation of what people think things are worth. It is much like playing poker. You guess the value of your hand and speculate on what it is worth. But you are not really creating any wealth. The total value of markets can only move up and stay up if what they represent actually increases in value. Most of the time strong surges in the market occur due to speculation and not real growth. It is only a scam if you play it wrong. Every one wants to get rich quick. If you take that approach then you are making it a scam.

Jews? A scam? Jewish people exist. How is that a scam? [/quote]

When the fuck did I say Jews were a scam? I say you’re a scam, planted here by the Goldman Sachs to portray the that the Jewish race isn’t a scam.

/sarcasm

Okay, almighty one, I’ll submit to your knowledge. For the average person, the stock market is a scam, or at least how the media has portrayed how to ‘play’ the stock market is a scam. The stock market is not to be played with, if you do not control something why the hell would you put your money into it? Why would you let someone tell you what to do with your money when they have no real interest in your money growing?

I own stock, lots of it. I did not get rich quick, I worked for it. Not hard, but I worked for all the stuff I own. Speculation is used, but not like people do it today, and that is how they ‘play’ it. Which is complete bullshit, but like the quote goes, “The stock market is like a weight machine,” it goes up and it goes down, but after awhile it’s true weight shows up. I play the weight machine, not what society thinks it’s worth. I rather have premium stocks for 100 dollars a share and get $8 dividends than ride the market and get hit with capitol gains.

[quote]Tyrant wrote:
Biggest scam? Those bullshit “colleges” such as: Devry, ITT tech, pheonix university, everest, virginia college, and all the strickly online colleges (with the exception of military ones whose credit hours DO transfer). these fucking schools are jokes, every day I leave the gym I nearly run over one of these dumbass everest college girls getting off the bus.

Congratulations, your paying 20k a year for your ignorance, when you could be spending under 15k a year at the local community college, and have GUARANTEED TRANSFER TO UF. Hm, which is smarter? 4 years at everest college and when you tell an employer that you went there you get laughed out of the building?, or 2 years at a community college which typically outperforms multiple top state schools, and then having a bachelors from the University of Florida?, not to mention, for a grand total of 70k, if you don’t work. Or, 80k for a joke of a degree.

Lets see what else…oh, Law School. Yes, I understand that its a needed profession and that you CAN make good money in that field. But if anyone doubts that law school is a waste of money, go pick up your phone book, and go to attorneys, and see that half the fucking yellow pages is for lawyers. Guess what, 95% of them are flat broke. My g/f (ex stripper), used to work with another stripper who had her juris doctor, but continued to strip because she made 65k a year stripping, and only would make 25k at a law firm. Granted thats a tad short sighted, in 10yrs she won’t be making shit stripping.

Anyway, anyone who says legitimate colleges are scams are idiots, or the underachieving fucks who’ve had everything handed to them with ZERO life experience who went to school solely because their parents wanted them to and they didnt have the backbone to say fuck that, and when they graduate in the bottom 25% of their class and can’t get a job, they manage to wonder why. Congrats you have a degree, and your graduating gpa was 2.0, and you were 650/700 of your graduating class. Good job, sure, go ahead and blame the fact that you had a job, or had bills to pay, I don’t care, I know plenty of single mothers who’ve went to school full-time, worked fulltime, and still managed to raise their kid or kids, and have employment directly out of school.

I see it every time I go to class, these people a few years younger than me, and not a single one actually wants to be there. Yes, english 1101 sucks, I don’t want to take the class either, but you’d better believe I’ll bust my ass and get an A so I can get into UF.

Yes, I know that college certainly isn’t for everyone, some people enjoy their jobs, electricians, or carpenters, or being in sales, but one thing I’ve seen, is that anyone who loves their job and is genuinely motivated to exceed in life, does exceed. Blame not going to school on debt or whatever, unless your a white male its retardedly easy to get extra grants for school.

Anyway, want a job? Go into the medical field.

/end rant

P.S. CO2 in the atmosphere has followed the temperature on earth that last few million years, not the other way around. Are we causing global warming? Maybe, but no one is sure 100%, even the scientists who are on the council.

edit: Also, if you’re one of the guys in this thread that have a degree and can’t find work, I really hope your not just looking where you live. I find it hard to imagine you can’t find anywhere in the country.
[/quote]

I soooooo agree!
Tampa Tech now Remington College scammed me big time!
Im still payingoff the loan with nothing to show for it…

I like how so many people here have just identified things that they dislike and started calling them a scam.

[quote]LankyMofo wrote:
I like how so many people here have just identified things that they dislike and started calling them a scam. [/quote]

clarify, Please

This thread’s a scam. I’ll never get the time I spent reading this back.

[quote]abcd1234 wrote:
This thread’s a scam. I’ll never get the time I spent reading this back. [/quote]

Not true, I know this crazy scientist with a Delorian…