Tuesday, October 21, 2014

Let me count the ways you're wrong...........

A novel idea.  Massive debt default.  I like how the author, while targeting student debt, includes mortgage debt.  I also love how the author equates the willing borrowing of money with oppression.  Who forced anybody to borrow?  Perhaps part of the future core curriculum for high school seniors will include the intelligent use of borrowed money, and the consequence to borrower, lender, and community when the money is not repaid.  How about, while we are at it,  we also teach accepting responsibility for the consequences of our own actions?

A few excerpts:
"Nothing could send a stronger message than 40 million indebted graduates standing together in a boycott of student loan payments."

"America has the resources to instate healthcare, education and a home as inalienable human rights. It’s a paradisiacal potential we run the risk of squandering every day we voluntarily admit our bondage to debt. There is no realistic way for Americans to climb out of this hole other than by standing together and refusing to allow the oppression to continue."

thanks

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