Bridgepoint VP goes to work for DeVos

Signs on with cronies at Department of Education

In March of 2011, the United States Senate Committee on Health, Education, Labor, and Pensions did a special investigative study of San Diego's for-profit Bridgepoint Education. Many shocking facts surfaced: Bridgepoint spent nearly 30 percent of its revenue on marketing. By 2010, 84.4 percent in the two-year degree had dropped out. Then-Sen. Tom Harkin, a Democrat from Iowa who retired in 2015, declared Bridgepoint was "a scam, an absolute scam."

At year-end 2016, the company, 59.8 percent owned by Wall Street's Warburg Pincus, was being investigated by by the Consumer Financial Protection Bureau, the Securities and Exchange Commission, and the states of Iowa, New York, Massachusetts, California, and North Carolina. It has been investigated by the Department of Education over several issues.

Nonetheless, as the New York Times revealed in a front-page story Saturday (March 18), Bridgepoint's vice president for regulatory services, Robert Eitel, is working as a special assistant to the new head of the Department of Education, Betsy DeVos. Eitel has been a strong opponent of regulation of for-profit universities and colleges. He is now on unpaid leave from Bridgepoint.

Immediately after Donald Trump's election as president, the stocks of the for-profits shot up, in anticipation of easier regulation under Trump. Bridgepoint stock rose sharply despite dismal results in recent quarters.

The Times said that around Washington D.C, ethics questions are being raised about Eitel's job working for DeVos. In January a partner of Warburg Pincus and boardmember of Bridgepoint resigned from the board to join Trump's economic team.

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This Administration is becoming a wrecking ball, destroying everything good about the US, promoting evil, and all the while (attempting to) silencing the critics in the press. The sad thing is that impeachment will only bring on other zealots. The only hope is for a clean sweep of all incumbents in four years.

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Read that the orange one's approval ratings are down to the low 30% range and falling.

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We are witnessing the wholesale destruction of the very fabric of America by Trump and his gang of corporate criminals. There is nothing honorable or decent about any of these people or what they are doing. We must do everything we can to resist Trump, and refuse to accept what he is doing.

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Will a Special Prosecutor be appointed?! Will Republicans "Cover Up" the widespread corruption to push their right wing agenda through Congress and hold onto power in all 3 branches of government?!

OR will the Truth Only come out if Dems take back at least one of the Houses of Congress, appoint a Special Prosecutor with full subpeona power, and get the truth out?!

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Don, Did you know that the media traced the source of the quotes that Fox/Fake News was putting out and that Trump was quoting in his tweets regarding the falsehoods that 1) Pres Obama ordered wiretaps of Trump (False) and then 2) Pres Obama did an end around the FISA Court process by working with British intelligence to wiretap Trump(False)?!

The source is RT. The International Media out let that is the proganda arm of the Kremlin and controlled by Russian Dictator Putin!? In other words, Trump is quoting (knowingly or unknowlingly) his Russia handler (former KGB official) Putin when lying about President Obama?!


SportsFan0000: Tragically, this is believable. Previously, Trump's source has been Breitbart. He also picks up things from Fox and considers them gospel. But he soothes his base by flaying the mainstream press with charges of "fake news." This is what psychotics typically do -- charge that opponents are doing exactly what they are doing. Best, Don Bauder

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Don - are you talking about the second largest rodent in the world, that beave? Putin is said to be the most powerful man. Maybe being #2 rodent isn't satisfactory to very bad Don. Jealousy? Maybe you meant behavior.

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shirleyberan: Forget the word "beaver." I intended to type "behavior" and the computer changed it to "beaver" and I didn't catch it. Best, Don Bauder

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