Bertha Coombs: Dumbest Tweet Of The Day

The NY Times is running an article today about the increase in cheating in schools.

CNBC's Bertha Coombs tweets the following about the story:

NYTimes: Studies Find More Students Cheating -Are shame & guilt obsolete? How do you sleep when you "succeed" cheating?

Coombs covers the financial markets - you know, the venue where Goldman Sachs bundled worthless financial products to unsuspecting customers while shorting those same products because they knew they were worthless and made hundreds of millions of dollars both coming and going.

This is the same market where MF Global "lost" a billion dollars of customer money making trades they weren't supposed to trade but no individual was ever brought to account for the loss.

It is the same market where 16 banks colluded to "fix" the LIBOR rate that underlies most financial products and loans in order to, first, make more money, and then later in '08, to make their books look better than they were.

And Coombs has the nerve, the audacity to ask how students can sleep at night knowing they've succeeded by cheating?

She is either the dumbest person on the planet or the most compliant corporate shill there is.

You want to see some cheaters who got ahead by cheating, Bertha?

Look the fuck around you.

You're surrounded by liars, cheats, con artists, pirates, and corporate criminals - and that's just in the CNBC offices.

This nation is run by cheaters in Washington, on Wall Street, in the media.

The kids are just learning the lessons they see from the adults around them - and they're learning them well.

The Best and Brightest are cheating in Stuyvesant High and at Harvard.

And soon most of them will take that cheating someplace where they can really cash in - Wall Street and the corridors of power in Washington.

I Thought It Was All About Accountability

The Mayor of Money and his toady chancellor declared today that they had to release the Teacher Data Reports with the 87% maximum margins of error because "it's all about accountability":

This morning, after a week in which Mayor Bloomberg defended the release, Walcott revised his message.

“It’s all about accountability,” he said, appearing on a panel in Washington, D.C., with Bloomberg and the mayors and schools chiefs of Chicago and Los Angeles.

“It’s all about accountability,” Walcott added. “And as the mayor indicated, parents have a right to have this information. What I’ve been trying to do is making sure that the entire New York City community understands that this is a limited piece of information and they have to view the teachers in their full context.”

Meanwhile Jon Corzine and his merry crooksters at MF Global made $1.2 billion in customer cash disappear and NOBODY is going to be charged with a crime:

Federal authorities are struggling to find evidence to support a criminal case stemming from the collapse of MF Global, even after a federal grand jury in Chicago has issued subpoenas.

Investigators, unable to find a smoking gun amid thousands of e-mails and documents, increasingly suspect that chaos and poor risk control systems prompted the disappearance of more than $1 billion in customer money, according to several people involved in the case.

When the money first went missing, prosecutors in New York and Chicago scrambled to stake a claim. Now, four months later, both Preet S. Bharara, the United States attorney in Manhattan, and Patrick J. Fitzgerald, his counterpart in Chicago, are shying away from leading the case, one of those people involved in the case said.

Indeed, a number of federal prosecutors have expressed doubts to others involved in the case that anyone at MF Global — including the firm’s chief executive, Jon S. Corzine, and back-office employees in Chicago — intentionally misused customer money, said people involved in the case who were not authorized to speak publicly about the investigation.

See - it is all about accountability.

Make $75, 798 a year as an 8 year teacher and you are going to be held accountable for your performance, mister!

Run MF Global into the ground and allow somebody to steal $1.2 billion and nothing happens to you.

Kinda like how nobody from the Bloomberg administration has answered for any of the tech scandals that allowed crooks to steal close to $1 billion in cash.

Oops!!!

Sorry...Hey, look over there! A teacher with tenure!!!

He must be guilty of something...