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Democrats Ramshield

(139 posts)
Tue Oct 21, 2014, 08:01 PM Oct 2014

Germany just eliminated tuition, while Americans are drowning in $1.2 trillion student loan debt.

(Excerpt crossed post by author from the Daily Kos.)
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Written by an American MBA expat living in Germany.

Germany has just joined other nations of the Continental European Union to eliminate all university tuition, as a human right. So it is that we find ourself as part of the neo
feudalist American state that has left Americans mired by contrast in $1.2 trillion in student loan debt, in what must be described as state supported student loan slavery. It should further be noted that the modus operandi of student loan enslavement is consistent with the anti-democratic model of what may only be described as the United States of oligarchy. A recent Princeton university study, that has since gone viral from Princeton, has declared the United States is no longer a democracy, and has in fact become an oligarchy. To which this article notes it is an oligarchy that has mired the American people in $1.2 trillion of student loan debt. This has become so onerous for the American economy to bear that it is now become a threat to the US economy itself.

TMC ByBrendan JamesPublishedApril 18, 2014,
"A new study from Princeton spells bad news for American democracy—namely,
that it no longer exists".

This comes in addition to the fact that all countries in the European Union as a human right have some type of medical access for all of its citizens. Yet on these benchmarks the neo feudalist United States continues to lag far behind. In doing so creates a separate and unequal state mired in a wage slave economy emanating out of a history of chattel slavery. So the $1.2 trillion dollar student loan debt slavery economy has become an intricate mechanism to keep the American working class impoverished in neo feudalist America, along with the concurrent effects of medical bankruptcy, (which accounts for most bankruptcies) and underwater mortgages in which there is no bailout in sight, in an economy and state where only Wall Street banksters received bailouts, because as they own almost everything in the economy they are considered to be too big to fail by the best government money could buy through the power of its K Street lobbyists. Additionally it should be noted that these same K Street lobbyists did successfully lobby Congress to eliminate the ordinary bankruptcy protection, so that in the United States student loans cannot be discharged even in bankruptcy ordinarily.



To read more, please click on the link below. Thank you.
http://www.dailykos.com/story/2014/10/03/1334013/-Germany-just-eliminated-tuition-while-Americans-are-drowning-in-1-2-trillion-student-loan-debt#
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Germany just eliminated tuition, while Americans are drowning in $1.2 trillion student loan debt. (Original Post) Democrats Ramshield Oct 2014 OP
Sehr erfreut Sie kennen zu lernen! midnight Oct 2014 #1
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