Students attending a summer school program in Louisville, Kentucky, were treated to lessons on American liberty that focused on the superiority of the free market, the gold standard, the American Constitution, and the failures of tyrannical regimes.

While Standard and Poor's downgrade of the U.S. government's credit rating has drawn much attention in the last few days, a generally overlooked report by Moody's Investment Services on the poor performance of student loans suggests higher education may be in a financial "bubble" that could burst in a stagnant economy that offers declining rewards for a college or university degree.

Federal spending for K-12 education increased by approximately 1,050 percent between 1970 and 2009 (the most recent years for which firm figures exist). But public schools — the ones almost 90 percent of U.S. children attend — have seen negligible gains over that period. Private schools aren’t panaceas, either, thanks to university departments of teacher training that are steeped in spurious education “research” gushing from component agencies of the U.S. Department of Education (DoE), in defiance of federal law.

studentThe leading homosexual activist group targeting children is receiving some special help from the federal government in its campaign to recruit in America’s schools. The Gay, Lesbian and Straight Education Network (GLSEN) announced in a press release earlier this summer that it has received a five-year grant, worth $285,000 annually, from the federal Centers for Disease Control’s (CDC) AIDS prevention department to establish “safe spaces” for supposedly “gay” students in 20 schools across the nation.

Professional homosexual activists undoubtedly broke out the pink champagne recently when their television analysts finally finished the “Network Responsibility Index” for 2010-2011.