Skip to main content

View Diary: Occupy History: The American Revolution Was About Debt Relief (26 comments)

Comment Preferences

  •  i remember yrs ago reading a banker's (3+ / 0-)
    Recommended by:
    DSWright, Eric Nelson, War on Error

    rule of thumb for making money: the earlier you can drive someone into debt, the harder it is for them to get out, & the deeper they go into it -- it's a kind of permanent slavery, a lot like sharecropping was -- you went into debt when you were young & died in it.

    that's how the student loan scam has been set-up: get young people in debt so deep they will never be able to  pay it off (even if they can find a job) & you got 'em for life.

    it's the live to work, work to earn, earn to consume lifestyle we embrace in america (unfortunately).

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site