Biden’s Student Loan Scam

by Margaret Kimberley, published on Black Agenda Report, August 31, 2022 Capitalist rule dictates that millions of Americans live in debt peonage. It was inevitable that Biden’s student loan debt relief would be a farcical half measure. The Biden administration announcement of so-called student loan debt relief does little to alleviate the problem it claims to solve. Forgiving $20,000 for Pell[…]

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Capitalism and Baby Formula

by Margaret Kimberley, published on Black Agenda Report, May 25, 2022 The baby formula shortage is not a glitch in the system. It actually exemplifies everything that goes wrong when the profit motive rules. Capitalism can’t ensure a food supply or anything else that humans need. “Socialism doesn’t work” is repeated like a mantra. We’re told endlessly that capitalism provides[…]

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On the Biden Plantation

by Margaret Kimberley, published on Black Agenda Report, January 19, 2022 One can’t disagree with Margaret’s words.  However, leaving aside commentary on that hideous insulting meeting with black leaders in December 2020, you could replace the term ‘Black people’ or ‘Black voters’ with ‘ordinary Americans’ on every point. [jb] The idea that Joe Biden would provide harm reduction was created[…]

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Debt-Entrapping: The US Student Loan Racket

by Stephen Lendeman, published on Global Research, September 12, 2019. Entrapping students into longterm or permanent debt bondage is part of a government/corporate scheme to enrich private lenders. Because of the high cost of higher education, millions of students need large loans to pay tuition, fees, and other expenses. Some face burdens up to $100,000 or higher. If unpaid after[…]

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