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Full Video - Episode 172 (Patreon)

Published:
2022-05-02 16:13:20
Imported:
2026-06
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Content

Full video for subscribers only. Join me tonight on Callin to discuss this, the Correspondence Dinner, and anything else on your mind.


EDIT: 8:00 pm https://callin.com/link/oRmqjBNEVj

Files

Previews only

Student Debt: Nothing to Forgive

After Biden teased "significant" student debt relief last week, Republicans and corporate Dems lost their minds coming up with bad faith arguments against student debt cancellation. Briahna caught up with consumer debt attorney and debt jubilee advocate Sparky Abraham about where we are in the fight for student debt cancellation, and what the best arguments are against means testing student debt reform. How should Briahna handle the "Harvard" question: e.g. why did you choose to go to an elite, expensive school? Why are liberals alighting with Laura Ingram and Mitt Romney on student debt cancellation? Are Democrats intentionally dangling 10k of debt cancellation because they know that's a better deal (for banks) than extending the moratorium? And why is no one talking about usurious interest rates?

Comments

Sean Williams

I can't wait to share this episode! So many good points here.

Anonymous

To understand the hierarchical structure of debt, think of it this way: if an American citizen buys shares of the US national debt (in the form of treasury bonds), the fixed interest rate is exactly 0%. If the US government buys shares of an American's citizens college debt, however, the fixed interest rate is 4% on average. Why the asymmetry? The very principle of fair exchange is that the conditions of exchange are identical for both parties. That is patently not the case.

Jack Aloysius

For more Sparky, people should head over to patreon.com/rabbitholepodcast

Anonymous

Liberals align with GOP on most things because they are both fiscal conservatives. They just amplify the small differences to make it seem like they’re different parties when they’re basically the same.

Merfy Mac

Hey just FYI, the scheduled episode for DeBrief today isn't showing on Callin app (for me) under 6pm EST or any other time for that matter. Other stuff shows up but not DeBrief...

Anonymous

It is deeply disheartening to learn of all the special rules surrounding student debt... spring-loaded traps like separate principal and interest portions that combine under inscrutable circumstances to multiply the debt obligation... creating for many a lifelong burden with no societal benefit. It's a tangled mess, but I have hope we can someday set it right.