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Comments by "Wellness Path For Me" (@wellnesspathforme6236) on "John Kennedy asks witness what "systemic racism" means during student debt forgiveness hearing" video.
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@rievans57 You are completely missing the MOST IMPORTANT point! BTW, graduated in 1992, and tuition was not very expensive -- I want to say $800-ish dollars per quarter. Anyway, it was the government guaranteeing the student loan debt and making them impossible to get out of in bankruptcy that provided a huge boost. That, and the debt-based money bubble growth. Well, and the offshoring of good, non-degree jobs helped, too. And this was all by meticulous design, too.
This is a quote from a member of a family that helped to design this process...
"The COLLEGE process is but a form of bondage or slavery befalling the middle class progeny. Either the family, or the offspring, incur enormous expenses for dubious benefits. Note that almost all graduates from University still are woefully ignorant of financial issues, know how to read a contract...etc...etc. The importance of the STUDENT DEBT as a tool of enslavement cannot be overstated. Savvy observers have already noted that STUDENT DEBT cannot be extinguished through the bankruptcy process...curious WHY that would be? Take the advice of a wise man who once admonished others to "follow the money". In this case, Goldman Sachs will be one of the firms found at the trails end. STUDENT DEBT is a huge expense, a huge profit for some and literally KILLING the middle class once and for all.
If one wishes to be educated, there are myriad ways to accomplish the acquisition of a REAL education. For those too stupid to see through the educational sham, it is their choice and their fault. None others...and the juice from this particular fruit will be VERY bitter for those who choose to partake."
~A Rothschild family member
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@Toxik_Dubz 1. If he can't afford $1,200 a year for a degree, then it is not the fault of the whole system that he can't get "a degree," so it invalidates where he puts the blame.
2. The debt-based, zero-sum money system is a complete fraud that creates artificial monetary scarcity, and THAT is much more likely the DIRECT cause of his issue.
3. Why do you think I should support an argument I never made? Since you brought it up, you ought to invest the time to discern how PRIVATELY CONTROLLED debt-based money systems work. All money (excepting specie, AKA, coinage) is lent into existence.
The banks lend it into existence by the $10's of trillions, and all based on NOTHING but the contract that says someone will pay it back with interest. Quoting the same Rothschild character...
"PAPER, People! You are handed PAPER!! What don't you get?? The paper costs nothing to produce!! And has the taxpayer's blood (read YOU) as backing! SO you provide the guarantee, at gunpoint! Keys to the KINGDOM indeed!
Seriously, how can anyone who VOLUNTARILY participates in this system believe they can grasp higher level concepts?"
By "paper," he means debt-obligation paper...
"You have never owned anything, because you have never paid for your "purchases". Using the private credit notes does not extinguish a debt.
Easy come, easy go."
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The general population needs to care enough to end their monetary ILLITERACY before it is too late, but that point has probably passed some 50 years ago, or longer.
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