"The student debt crisis is symptomatic of an unsustainable capitalist system.".. Student loan debt burdens 44 million people in the United States. However for CEOs of student loan companies, or investors on Wall Street, student debt is a lucrative commodity to be bought and sold for profit.
After an investigation by MLK50 and ProPublica, Methodist Le Bonheur Healthcare is erasing debt for unpaid hospital bills owed by more than 6,500 patients. Our reporting found the hospital had profited by aggressively pursuing patients who couldn’t pay.
The Trump administration’s proposed rule on debt collection companies in the United States would severely undermine protections for consumers, Human Rights Watch said today. The Consumer Finance Protection Bureau (CFPB) rule would give wide leeway to abusive debt collectors and collection attorneys by allowing them to try to collect debts by using false, deceptive, or misleading representations, even after the statute of limitations has ended.
A new report suggests that the real US debt level may be $400 trillion, or 20 times higher than the country’s gross domestic product. The calculation includes government, state, local, financial and so-called entitlement debt.
Ankle bracelets are promoted as a humane alternative to jail. But private companies charge defendants hundreds of dollars a month to wear the surveillance devices. If people can’t pay, they may end up behind bars.
Methodist Le Bonheur Healthcare has sued many of its own employees over unpaid medical bills and garnishes their wages; its health care plan prevents them from going to competitors with better financial assistance.
Ruslan Miroshnichenko, a student at Siberian Federal University (SFU), told the outlet KrasNews.com that he has been unable to defend his thesis, which addresses the increasing government debts of Krasnoyarsk Krai, since 2017.
Expanding retirement security, providing tuition-free public college, and the cancelling student debt should unite us all—not pit one generation against another.. President Franklin Roosevelt famously remarked about attacks on Social Security, “It is an old strategy of tyrants to delude their victims into fighting their battles for them.” We can see that strategy at work today.
Astra Taylor writes that even though loan cancellation is now at the center of public debate, it's far from a done deal -- we need to continue to fight so that visionary proposals can become actual policy.
Even the so-called 'Democrats' push for #war with #iran
Same 'masters', same agenda. #oil #war and legalisation of tax crimes so national #debt goes through the root while they pocket TRILLIONS.
Adam Schiff: "There's no question that Iran's behind the attacks...The problem is we're struggling, even in the midst of this strong evidence, to persuade our allies to join us in any kind of response. It shows just how isolated the U.S. has become." https://t.co/0aB1wV39Sw
Just because trillions of dollars are “missing” and the federal budgets are now “secret” doesn’t mean you cannot see the effects of all the massive amounts of money created. It’s is showing up in the form of inflation, not official inflation calculated by the government, but real inflation for the man on the street. Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts contends, “The U.S. dollar is getting debased. . . . Inflation is already here. If you are looking at an area with a 14% increase in the cost of goods year over year and your income isn... Show more...
If you think the missing 21 trillion dollars out of DoD and HUD doesn't affect you, you're wrong. #caf
Just because trillions of dollars are “missing” and the federal budgets are now “secret” doesn’t mean you cannot see the effects of all the massive amounts of money created. It’s is showing up in the form of inflation, not official inflation calculated by the government, but real inflation for the man on the street. Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts contends, “The U.S. dollar is getting debased. . . . Inflation is already here. If you are looking at an area with a 14% increase in the cost of goods year over year and your income isn’t rising, or it’s falling, we are already there. It’s not hyperinflation, but it is very significant inflation. If you look at the controls they have put on globally to fight inflation, they are quite significant. The U.S. debt went up 6% last year, and it’s estimated to go up 8% this year. God forbid we try to start any of the wars rattling around the world because the debt will skyrocket. We are in a #spiral #upward on the amount of #debt. Next year, the social security fund will go negative cash flow. In other words, it’s going to stop being a net buyer of Treasuries and is going to be a net seller of Treasuries, which means if the foreigners are not buying, it’s down to the U.S. pension funds and the Fed.”
Fitts says “invest in real things” such as gold, silver, and she “loves farmland.”
Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, publisher of “The Solari Report.”