Man, you just cannot make this stuff up! Read more below the video.
As Written By Allen B. West:
It’s often said behind every successful man is a strong woman. Perhaps there’s a new twist on this maxim: behind every progressive socialist man is a socialist woman.” It would appear so when examining the case of Senator Bernie Sanders and his wife Jane. Heck, I do believe Bernie Sanders certainly qualifies as the president of the Deadbeat Club if he indeed never earned a steady paycheck until he was 40 years old. Boy howdy, I was earning a steady check back in high school. Well anyway, it looks like ol’ Bernie’s philosophy of governance is shared by Jane.
As reported by Fox News, “A tiny Vermont college that has faced financial troubles since it was headed by the wife of Democratic presidential candidate Bernie Sanders will close at the end of the month, officials announced Monday.
Burlington College has been struggling under the weight of its $10 million purchase of property and buildings it made in 2010 from the Roman Catholic Diocese of Burlington during Jane Sanders’ presidency.
President since 2004, she wanted to double the then-200 student school enrollment by 2020.
Sanders left the private liberal arts college in 2011. A request to the Sanders campaign for comment from Jane Sanders drew no immediate response.
Last year, the college sold most of the land it had purchased on the Lake Champlain shore, widely considered the most valuable undeveloped real estate in Burlington, to a developer for $7.65 million. But that was not enough for the school to regain its financial footing.
It was placed on probation by its accrediting agency in 2014 for a lack of sufficient financial resources. Its lender in April told the college its line of credit would not be renewed.”
It seems President Sanders overextended the spending of the small college way beyond its $4 million operating budget. Also, in reading reports, it seems President Sanders raised the tuition on students in an attempt to recover from the financial situation. In the end, the college had an irrecoverable debt forcing it to shut down. Now, that was an example set by one President Sanders, do any of you think another would be any different?
But what really made me chuckle was this statement from Dean of Operations and Advancement Coralee Holm: “These hurdles are insurmountable at this time…….