The River Wanders...

howtosharpenpencils:

This is a long post but it’s about something pretty interesting so I hope you’ll indulge …

Like many folks, Occupy Wall Street has been some doing good work in the aftermath of Hurricane Sandy, helping people on the ground.

Now OWS is launching the ROLLING JUBILEE,…

timekiller-s:

destroythegop:

FACT: McConnell (R-KY) and Boehner (R-OH) both voted to raise the debt ceiling 6 times between 1997 and 2008.

105-H.R.2015 – Balanced Budget Act of 1997 

107-S.2578 – Debt limit bill (2002) 

108-H.J.Res.51 – Debt limit increase resolution (2003)

108-S.2986 – Amend Title 31 of U.S. Code to increase the public debt limit (2004)

109-H.J.Res.47 – Debt limit increase resolution (2006)

110-H.R.1424 – Emergency Economic Stabilization Act (2008) 

Also, too, McChinless voted to raise the debt ceiling two additional times:

110-H.J.Res.43 – Increasing the statutory limit on the public debt (2007) 

110-H.R.3221 – Housing and Recovery Act (2008)

Please note how The Republican Spending Spree ended when The Bush Crime Family scurried out of office after the Great Banksta Heist of 2008.

Reppublicans. It’s what they are.

Fucking Traitors.

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PS: Just for laughs, here’s Saint Ronnie Reagan’s record when it comes to the Debt Ceiling:

Ronald Reagan: 18 Debt Ceiling Increases, 11 Tax Increases and Expansion of Medicare

GOPers count on Americans generally being uninformed to hoodwink them into outrage over spending when in fact “raising the debt ceiling” is done in order to pay for things that have already been “bought,” so to speak. This necessity of governance was always done without fanfare and handwringing in every Administration, GOP and Democratic, up until the Obama Administration, where the GOP has used it to hold the nation hostage.

As Destroy the GOP says all the time, “Occupy a voting booth!”

(via randomactsofchaos)

This is criminal. #OWS #studentdebt #p2 #p21 #WhiteHouse #WTF

occupystudentdebt:

Current balance, $175,000. Original Principle was $120,000. Administered by Sallie Mae and National Collegiate Trust (American Education Services) I imagine in the next few years it will be a quarter million.

I’ve never been able to touch the principle since i started paying. I struggled finding…

sinshine:

stealthbananas:

Want to stay technologically innovative? Want a vibrant, adaptive economy full of workers unafraid to start businesses & explore their full potential? Free college. Hell, go one step further & pay students to study.

List of countries with free post-secondary education

• Argentina
• Brazil
• Denmark
• Finland
• Greece
• Hungary
• Malta
• Morocco
• Norway
• Scotland
• Sri Lanka
• Sweden
• Trinidad and Tobago
• Barbados
• Kenya

[Incomplete list; Germany also has extensive free college education, for example.]

“The estimated student loan balance in the third quarter last year was $870 billion, which increased 2.1% from the previous quarter and is more than both Americans’ total credit card balance ($693 billion) and auto loan balance ($730 billion). About $580 billion of the total is owed by Americans who are younger than 40. The average balance sits at $23,300.”

“But maybe the most shocking statistic the New York Fed reported was that almost half of student loan borrowers are either deferring their student loan payments or are in forbearance. Almost 18% of borrowers had the same balance they had in the previous quarter, and 29% saw their overall balance increase thanks to either added student loans or accruing interest on the balance.”

#StudentDebt #OWS

nefariousnewt:

Debt is not real. The concept of debt doesn’t really exist in the workings of the universe, because the fundamental laws are based on the idea of conservation and balance. Laws of conservation indicate that in an interaction, there is nothing “left over” — All parts and changes in the system are…

Yes!  And money is an social construct as well.  I saw something fly by one day that, roughly recalled, said ” If you can’t eat it, wear it, sleep under it, sleep on it, or be cured by it… it’s not WEALTH.”  To those who say, “Well, money gets you those things!” has missed the point.  Money doesn’t actually GET you those things… it KEEPS you from those things.

(via nefariousnewt-deactivated201207)

Amazing clarity from a 9 year-old child;  just one of the posts from All Education Matters.  <—- great read.