Now Eating the Seed Corn
Free Money For Wall Street - 8% for Students
Here is by far the most egregious aspect of this entire fiasco, that the lamestream media didn't even pick up on. For four years straight, the Fed has had a zero interest rate policy, meaning gamblers and speculators on Wall Street and large banks can borrow for free and invest in any asset of choice making a mathematically infinite profit. Which is how the banks dug themselves out of 2008 i.e. with all time record high profits. So apparently, fixing interest rates to the floor for Wall Street banksters is okey fucking dokey for House Republicans, but God forbid if an unemployed college graduate - already struggling to make ends meet, pays "only" 3.4%. Interest rates need to be tied to the market for college grads, but can be manipulated into oblivion for Wall Street.
Unbelievable. Shocking. Shameful. Disgusting. Sickening.
The point of recognition has already occurred, except this society was too dumb to recognize it...
This society is like a 400 pound fat man that can't get out of his own way; caught in an ever-tightening noose of bad decisions, one leading to the next. Unbeknownst to the Idiocracy at large, it's all already collapsing, as the clock runs out on the illusion-formerly-known-as-the-economy. By ignoring and obfuscating all of the problems for this long, they've saved the best for last - a final violent implosion that comes seemingly out of nowhere.