Detailed text transcripts for TV channel - FOXNEWS - 20111023:19:17:00
Patrick burns chaired education choice and knows plenty about competition because he is ceo of the overstock.com the internet company that resells products cheap to people. your point is everybody wants choice and that includes education? >> right. let's remember the fundamental purpose of a monopoly, the whole point is to to sell interior product at a high price. it doesn't change when it's owned and managed by the state or government. it is still in the business of delivering really an inferior product for a high price. we're spending $700 billion on educating 50 million kids, $13,000 per ch...
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