Why is it easier for you to believe that 150 million people are lazy and stupid than 400 people are greedy and malicious?
“I am 25 years old now, and shacking up in my parents’ guest bedroom,” he told me. “I have successfully made four payments on my student loans in the past three and a half years. I have over $48,000 dollars of student loan debt, and absolutely nothing to show for it. No degrees. No certificates. No qualifications. I have continued my education to the best of my ability since leaving A&M, but always at community colleges and always paying for everything out of pocket. As you can imagine, since I’m not ‘qualified’ for a decent paying job, my savings for school piles up very slowly, and then disappears when August and January roll around. I haven’t been back to school in about a year now, and I currently work at Subway, making sandwiches. I don’t make my loan payments.”
He’s about to join the military because he sees it as his only option. “I am depressed at the idea of signing my life away for four years so I can fight someone else’s wars. I am angry beyond belief that it’s come to this,” he said.
Student loans: no longer a good investment?
Oh, I wrote this the other day. It depressed the hell out of me.(via champagnecandy)
WASHINGTON POST: "Of last year’s 100 highest-paid corporate executives in the United States, 25 earned more in pay than their company recorded as a tax expense in 2010. Those 25 firms reported average global profits of $1.9 billion. Among the 25 were Verizon, Bank of New York Mellon, General Electric, Boeing and eBay." →
Yes, by all means, let’s continue to give corporations and the wealthiest tax breaks. Because they’re creating jobs with all that cheddar.
No more cuts until corporate tax cheats pay up!