genebaughbba

For each child in the school system a special Educational Account will be set up through a participating discount brokerage firm. Fundraising efforts organized on the children's behalf will funnel a small percentage of the profits into each participating students account. At the end of the year these commissions are used to purchase the child one or perhaps a few shares of a Dow Jones Index company. For example at the end of the preschool year you have raised $50 per student. you go out and buy the one share of $T or AT&T and pay the $1 to $10 commission and you are done for the year. The preschool student now has a roughly $35 share of stock that pays about a 5-6% yield via dividends paid every three months. As the child grows he/she will be made aware of this ownership of corporate America. Quarterly dividends paid will be part of the announcements. By the time they graduate they will have been a shareholder for 13 years and owning part of America will be a normal part of life. Charity will be introduced by having graduating classes conduct special fundraisers for the beginning class. When the Child is old enough to comprehend what a Real Estate Investment Trust is we will teach him and buy him/her a share of $O or Realty Income. Cost's between $35 and $55 dollars and pays a dividend every month on the 15th. It yields in the neighborhood of 4 to 6%. Every child walking into a Walgreen's will realize they may be part owner of the building. And gain understanding of how their capitalist country works. This process is not intended to make the child money but to bring him into a state of participation and direct connection with his capitalist economy. These Educational Accounts will be Tax Sheltered for simplicity. Upon graduation the student will have the option of cashing in their account or begin paying taxes on it. This means that the taxation of Investments will be worked into the math curriculum, as well as higher level accounting and stock analysis concepts. There will be stiff withdrawal penalties for those who fail to graduate. This will give students one more reason to achieve that goal. The possible ramifications of the implementation of The Baugh Doctrine of Capitalist Education are far reaching. Would a gang banger be as likely to "tag" a boxcar if he had been a shareholder since the third grade? I don't know. Maybe more depending on how the investment had performed.

The Baugh Doctrine of Capitalist Education states that in a capitalist society the school system should be used to make students actual shareholders for educational purposes only.