Sunday, August 28, 2016

Believer. Teacher.

Mr. Dwayne Reed, a new teacher, starting up what will hopefully be a fantastic year for a class of fourth graders in Chicago.

His Twitter bio: "Believer. Teacher."

I would venture to say that whatever they are paying Mr. Reed, it isn't nearly enough.

What’s the use of happiness? It can’t buy you money. — Henny Youngman 

Per The National Center for Educational Statistics the average annual salary of teachers in public elementary and secondary schools is $53,168. 

In Chicago, the average salary is a bit higher at $59,113 but that is down 7% from 2000.

Money is the barometer of a society’s virtue. - Joseph Alois Schumpeter

Last year, a chemistry student recorded observations and quotes made by Mr. S, Chem Teacher Extraordinaire.

If you don't put what units of measurement you are using, I'm going to assume you are talking cats per donuts. - Mr. S

It's going to be like a L'Oreal commercial but with acid. - Mr. S

I'm a pessimist because either you're right or you're pleasantly surprised. - Mr. S

Total expenditures for public elementary and secondary schools in the United States amounted to $620 billion in 2012–13.

Expenditures include $11,011 per student for the operation of schools; $931 for property and buildings, and $355 for interest on school debt.  

I've got all the money I'll ever need, if I die by four o'clock. 
- Henny Youngman

In 2014, approximately 20 percent of school-age children were in families living in poverty. 

Also in 2014, there were approximately 157,800 kindergarten teachers in the US. They collectively earned $8.6 billion.

In 2015, the 25 highest paid hedge fund managers took home almost $13 billion, even though five of the managers were responsible for funds that lost money. 

I'll acquaint you with the first ironclad rule of the enormously wealthy: Never spend one's own money. - Mark Frost

Unlike mutual funds, hedge funds are not subject to some of the regulations that are designed to protect investors. 

For example, hedge funds are not required to provide the same level of disclosure as you would receive from mutual funds. Without the disclosure that the securities laws require for most mutual funds, it can be more difficult to fully evaluate the terms of an investment in a hedge fund. It may also be difficult to verify representations you receive from a hedge fund.

I might feel quizzy. It's an emotion I feel these days. - Mr. S

You know I can hear you, right? Like I'm not a TV. - Mr. S

I found out a long time ago that they key to doing well on a test is to put down only the right answers. - Mr. S 

So a little hedge fund manager recap: 

Broad parameters to speculate without personal risk while placing investors at risk. 


Enormous pay regardless of performance. 


Because our politicians engage in a profession similar to that of the world's oldest profession, hedge fund managers pay a lower tax rate than our teachers.  


I have enough money to last me the rest of my life, unless I buy something. — Jackie Mason 

By my math (which I vaguely remember from my time in school) we are evidently in national agreement that one hedge fund manager is more valuable than 6,312 teachers.  

This is a lab, not a Greek wedding - stop trying to break my glassware. - Mr. S

Oh, I could definitely kill a student with that. - Mr. S

My doctor told me it's good to write things on the board. So don't write this in your notebook. I'm doing this for my health. - Mr. S

Brave New Films is challenging voters to demand the 2017 President of the United States close the tax loophole. 

Alright, lets take a little look at how realistic that is. 

Hm . . . not likely. 

How about the other one?

Well . . . 

I foresee our country doing fantastic in the future, assuming each hedge fund manager agrees to teach 94,680 kindergarten students. 

I like to pay taxes for schools, even though I don't personally have a kid in school: It's because I don't like living in a country with a bunch of stupid people. - John Green

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