Tuesday, September 17, 2019

Privatization By Any Other Name Still Stinks As Foul


https://finance.yahoo.com/news/student-loan-experts-congress-193001992.html

I have been criticizing the privatization movement since George Bush Junior was sitting in the White House. We have gone long way down that antisocial road — and look where we are today. This article shows even more successes for the privatization-cutthroat capitalism model. Very few people who love the ultra conservative economist Hayek remember that he predicted that most societies would destroy themselves. He considered that to be a very good thing. He was, after all, an economic Social Darwinist. Survival of the fittest. The strong survive. The weak die.

America is well along on the road to dying.

> “...debt is tearing our country apart,” Seth Frotman, former student loan ombudsman and the executive director of theStudent Borrower Protection Center stated. <

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