AUSTIN, Texas – Former President George W. Bush said the education achievement gap – up to four years at some grade-levels – is a "nation scandal" that deserves immediate action.
Bush, former presidents Jimmy Carter and Bill Clinton and President Barack Obama addressed a three-day summit here last week celebrating the 50th anniversary of the 1964 Civil Rights Act at the Lyndon B. Johnson Presidential Library at the University of Texas.
Speaking at the closing session Thursday, Bush said: "According to the most recent testing, the average reading score for a white student at age 13 is about the same as an African-American at age 17 – that's a four-year, four-grade achievement gap. In an economy where higher skills are ever more necessary, that is scandalous. In a nation dedicated to equal opportunity, that is scandalous. Among the political heirs of King and Johnson and Dirksen and Humphrey, this should be a national scandal, demanding action."
Top Ten DVD List for April 15, 2014
"Double Indemnity – 70th Anniversary Limited Edition"
"The Trials of Muhammad Ali"
The road to a comfortable retirement is full of risks, and they don't end when you stop working. As an investor, you are probably aware of market risk. You might also have considered longevity risk – the risk that you could outlive your retirement assets.
Here are four additional risks that may be worth considering, whether you are in the accumulation phase of your retirement journey or are already spending down your savings.
Inflation. The inflation rate has been relatively low over the last five years, averaging about 2.25 percent per year. But even that level can eat into the purchasing power of your savings. And long-term inflation trends have been higher, averaging 2.85 percent annually over the last 30 years. Although you may want to tilt your portfolio toward more conservative investments after you retire, you still might allocate some assets to stocks and other investments that have the potential to outpace inflation. Of course, all investments are subject to market fluctuation, risk, and loss of principal. When sold, they may be worth more or less than their original cost.
Woman calls cops to report bad weed
The Associated Press reports that police in East Texas placed a woman under arrest after she dialed them up to complain about the poor quality marijuana sold to her by a dealer.
Just a day after his speech reflecting on the anniversary of the Civil Rights Act of 1964 – which he credited with paving the way for his historic presidency – President Obama told modern-day civil rights activists that the gains of the last 50 years are at risk of being dismantled by Republican efforts to limit access to the ballot.
"The right to vote is threatened today in a way that it has not been since the Voting Rights Act became law nearly five decades ago," he said in remarks at the annual convention of the Rev. Al Sharpton's National Action Network in New York City.
Obama cited recent restrictive voting legislation requiring additional identification, closing polls on Sunday, and creating hurdles for overseas soldiers and married women who have changed their last names. These Republican-led changes – which, he reminded the audience, have often by inspired by explicitly partisan aims – "harm the entire country," he said.
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