theAnalysis-news on May 24, 2021
Why is the Fed buying corporate junk bonds and debt but won’t buy out student debt? Michael Hudson on theAnalysis.news with Paul Jay.
by Yanis Iqbal
Writer, Dandelion Salad
February 12, 2021
Since January 4, 2021, student protests have been going on in Turkey. At Bogazici University in Istanbul, rectors are elected through free and fair elections by faculties. The only time in the institution’s history when these democratic processes were suspended was in the aftermath of the 1980 coup d’état. In today’s time, it is again being done.
Updated: May 22, 2019
For all the rhetoric and all the charities regarding America’s children, the U.S. stands at the very bottom of western nations and some other countries as well, in terms of youth well-being. The U.S.’s exceptionalism is clearest in its cruelty to children. The U.S. has the highest infant mortality rate of comparable OECD countries. Not only that, but 2.5 million American children are homeless and 16.2 million children “lack the means to get enough nutritious food on a regular basis.”
Student Peace Awards of Fairfax County on Mar 12, 2019
David Swanson is an author, activist, journalist, and radio host. He is director of World BEYOND War and campaign coordinator for RootsAction.org. The U.S. Peace Memorial Foundation awarded him their 2018 Peace Prize, and he has been nominated three times for the Nobel Peace Prize.
TheRealNews on Oct 31, 2018
The student debt problem is exploding, growing three times as fast as any other kind of debt, yet the Trump administration is making it more difficult for students to seek debt relief. Ellen Brown of the Public Banking Institute outlines the implications.
Part 1: Inside the U.S. Military Recruitment Program That Trained Nikolas Cruz to be “A Very Good Shot”
Democracy Now! on Feb 21, 2018
https://democracynow.org – Dozens of students who survived last week’s school shooting at Marjory Stoneman Douglas High School in Florida have arrived in Tallahassee to push for new gun control measures. On Tuesday, the Republican-controlled Florida House of Representatives blocked a bid to bring up a bill to ban sales of assault-style rifles in the state. The Florida gunman, a 19-year-old white former student named Nikolas Cruz, was a member of the Army Junior Reserve Officer Training Corps program before he was expelled from the school. Cruz was also part of a four-person JROTC marksmanship team at the school which had received $10,000 in funding from the NRA. For more, we speak with Pat Elder, director of the National Coalition to Protect Student Privacy, an organization that confronts militarism in schools. He’s the author of Military Recruiting in the United States.
The American high school dropout is an unconscious revolutionary. Instead of casting aspersions upon the dropout, we should attempt to decode this behavior that is condemned by parents, school authorities, educational experts, religious leaders, politicians, and peers. To understand the distress of the American high school student requires us to examine the politics of quitting school. Leaving school is a political act. Its political causes cannot be investigated in a context of isolating and blaming the individual.
This is the second in a two-part article on the debt burden America’s students face. Read Part 1 here.
The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t work out, they can put their corporate shells through bankruptcy and walk away. Not so with students. Their loan rates are high and if they cannot pay, their debts are not normally dischargeable in bankruptcy. Rather, the debts compound and can dog them for life, compromising not only their own futures but the economy itself.
Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.
The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:
More than a hundred mothers have contacted me over the years, alarmed at the relationships their teenaged children were developing with military recruiters at school. They wanted to know what they could do about it. They were angry, and they were worried.
Ominous developments in three states this summer – Oregon, Texas, New Jersey, and one city – Chicago, provide a glimpse into the Pentagon’s new playbook to recruit soldiers from high schools across the country. In brief, the military has been engaged in a robust lobbying campaign to lower academic standards to make it easier to recruit youth.
It is time for an urgent clarion call.
Given the retrograde pits inhabited by our ruling politicians and the avaricious over-reach of myopic big-business bosses, the self-described pillars of our society must step up to reverse the decline of our country. Here is my advice to each pillar:
This year the Army’s goal is to recruit 80,000 active duty and reserve soldiers. The Navy is trying to sign up 42,000; the Air Force is looking for 27,000, and the Marines hope to bring on 38,000. That comes to 187,000. The Army National Guard will also attempt to lure 40,000.