The Conspiracy of the College Conspiracy

So I actually came across this video while on youtube one day and it just smelled fishy from the beginning. I watched parts of it here and there and aside from the fact that I completely disagree with the ideology it claims to represent (i.e. "College education is the largest scam in U.S. history!"), I found so many facts that were used incorrectly, as well as several phrases with a heavy emphasis on "might" and "maybe." From the beginning of the video, the writers were cramming facts and scare tactics down your throat. They used the average debt of graduating from a private school as the "average debt" overall, and tried to help us understand why tuition "needs to be increased" based on the "friend" of someone who is running a for-profit institution. Um...fishy anyone?

Throughout, the video is pushing gold stocks which is unsurprising, given that (after just a little bit of poking around), I find out that the "National Inflation Association" is just a group that is trying to scare the public to scam them into buying stocks in gold and silver. Go figure the piece was written by Jonathan Lebed, a well known stock scammer.

The Chronicle decided to dedicate a little article to the video here. I hope that people don't need to read the article to realize the video is just a scam.

Of course, given the fact that we are in a very scary economic time, people may be more likely to actually buy into the fear. While people are beginning to occupy Wall Street...with several "Occupy" events going on around the U.S. (and the world) and the whole 99% campaign, there are tales out there that are true about being college educated and unemployed. I just hope that people don't buy into the fear mongering of the NIA.