Spending More Money on Education Does Not Work

We are constantly bombarded with pleas for more money for education. After all, it’s for the CHILDREN. They DESERVE a good education. MORE MONEY is the answer.

Sadly, more money is not the answer. Locally, Milwaukee Public Schools shows us exactly why money is not the problem.  The district increases total spending nearly every year. If you look at the spending on a per student basis, the spending increases are staggering.  In an 8 year period, MPS increased per student spending by over 56%. At the same time, less than 1/2 of 10th graders were able to read, and less than 1/3 of 10th graders were able to do basic math.

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The Truth Comes Out in the Medifast Litigation

UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims against me in her ruling on my anti-SLAPP motion.

Nearly a year ago, Medifast Inc. (NYSE:MED) filed suit against me and several others, for what it claimed was defamation of its Take Shape For Life division (TSFL). My client initiated an investigation of Medifast more than year prior to the filing of the lawsuit, and published several reports on the company. I was retained as a consultant to do a small bit of analysis. Some of my work was included in reports published by the client, parts of which were reproduced on this blog, along with some of my own analysis of Medifast and TSFL.

TSFL is a multi-level marketing company which peddles weight loss products. It entices new “health coaches” to invest in the system with claims of “healthy body, healthy mind, healthy finances.” I was critical of this business model, as I frequently am with MLMs.

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8 Tax Mistakes That Can Cost You

By MSN Money Staff

We asked our readers to confess their worst tax sins. Here’s what they told us — and how you can avoid making the same blunders.

With the new year in full swing, you’ve probably begun piecing together your tax return. Maybe you haven’t filled out a tax form yet, but you should at least have begun considering your strategies. Before you leap at some new tax-saving tip or take a daring shortcut, though, consider these tales of IRS ire.

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