Unless the company providing the internship “derives no immediate advantage from the activities of the intern” (US Labor Dept).
So I guess Bill Clinton broke that law too.
Sorry, I had to.
But this is seriously stupid. Kids are getting paid. It may not be with actual currency, but that real world business experience is invaluable. And students WANT to go out and get an internship even though they know they won’t be paid because they see the long term benefits of that opportunity. They’ll get paid more in the future, have a better chance at better jobs, and that unpaid internship can result in a lifetime paid career with the company they interned for. And when Stossel asked the audience, they said they learned more during their internship than they did during college.
And the owner of the Dallas Mavericks actually gets people begging him to become internships and that they would PAY HIM if he gave them an internship
Also, the Labor Department says that it’s better if the company’s operations are impeded by the internship……..
This is why I love watching Stossel. I learn about all these stupid things in the government. Although, stupid is too kind of a word to call this situation.
Stossel’s guest said internships hurt jobs because they work for free which means those who are unemployed don’t get those jobs because the interns are doing it for free.
This Stossel show also discussed that there are actually an incredible amount of jobs available during this economy but people feel that the jobs are beneath them and don’t want to do that.
Very interesting.
That will be wonderful.
In the meantime…………
He’s worth half a billion dollars.
His charity says “he helps in other ways.”
This is why I LOVE John Stossel. Without him I wouldn’t know about all these interesting things that money is and isn’t being spent on.
Especially when it’s about people who go down to the Occupy movement and give support and solidarity while they are sitting on half a billion.
Apparently, there are three species of African antelope that are either extinct or very endangered in Africa, that are actually THRIVING in Texas. Same with the Bobwhite Quail in Northern Florida and Southern Georgia.
Why?
Because these species are being preserved on private hunting properties. Because private ownership creates incentive and desire to preserve and maintain.
Buuuut, now they are being threatened due to an increase in government regulations, with much help from animal groups who want to preserve and protect the animals.
Which I don’t get. Why try to get rid of the people that are the only ones preserving these species? Wouldn’t you rather keep the species alive and thriving and living a good life even if they get hunted in the end rather then letting them die out and never having them on the world again and denying future generations the chance to see them?
Just a thought.
But I guess the act of activism is more important than actual results.
he makes such good points. maybe he should be president.