Directly from “The Communist Manifesto” Marx and Engels state that it is necessary for the “Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.”
Under Comrade Obama’s regime we saw the centralization of credit for all students as the state declared a monopoly on all loans to students. This has had predictable consequences as it has made these students slaves to the state, it has raised the cost of college tuition enabling the institutions to greatly increase their bureaucracies just as we saw when the government entered the health industry with Medicare, and it enabled a bureaucracy to extend credit without the use of any necessary underwriting rules which has created over a trillion dollars of noncollectable or classified debt.
Collectivist (Marxist, communist, socialist, progressive, Democrat – all virtually the same) Elizabeth Warren has the solution for the problem the Marxist monopoly on student loans created.
“Sen. Elizabeth Warren’s opening shot on a higher education plan raises the bar for 2020 candidates, moving far beyond free college and calling for sweeping loan forgiveness for millions of Americans likely to vote in the Democratic primaries.
Warren’s proposal to cancel a large swath of the $1.5 trillion in outstanding student debt catapults an idea percolating on the edges of progressive politics since at least the Occupy Wall Street movement squarely into the mainstream of a Democratic presidential primary. The $640 billion student debt cancellation plan is the most ambitious higher education proposal yet from a 2020 presidential candidate.”
This is Sharing the Wealth 101. We make loans to all who apply, even knowing that payback is only a dream, and then we forgive the loans by confiscating the private property of others. This is one of the main criteria Marx outlined in his road map to his classless society that would be totally conforming and totally equal.
This is the road map to a society that will end in social decay and financial collapse as did all those nations who adopted these Marxist policies that were instituted under FDR, LBJ, Comrade Obama, and now being touted by the Marxist/Progressive (Democrat) candidates. The tactics of these collectives (Marxists, communists, socialists, progressives, Democrats – all virtually the same) are clearly outlined in my books; My Grandchildren’s America, Goodbye Constitution, Freedom, America and The Road to Tyranny.
We Freedom Loving Americans must understand the tactics of the collectivists and we must understand the safeguards for our freedom and liberty our founders wrote into our founding documents. After I had spoken the other evening a lady made the comment, “I studied the Constitution in college, but I have never heard the safeguards of our documents laid out so clearly as I did tonight. Thank you, Don.”
Every freedom loving American must understand the evil and tyrannical aims of the Marxist as well as the necessary safeguards for freedom and liberty instituted by our founders. When you do you must begin to “set brush fires of freedom in the minds of men” as directed by the Father of the Revolution, Sam Adams.
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