Instead of bailing out Wall Street for the fourth time.. let's bail out the students.
We call for cancelling student debt, for bailing out young people like Wall Street was bailed out to the tune of $16 trillion.
Without the jobs being available to enable them to repay that [student-loan] debt in the course of their financial lifetimes, basically.We maintain that, yes, that's a significant chunk of change - it's $1.3 trillion - but what investment is more worth making than in a generation that does not have a future?
I think we're at a really unique moment right now because the American people are waking up to the fact that it is a race to the bottom between these two corporate parties that are sending jobs overseas, putting downward pressure on wages, starving people out of healthcare, locking an entire generation into unpayable predatory student loan debt.
There's one other element I just want to be sure to mention here: that is that there are 43 million young people who are locked into predatory student loan debt for whom there is no way out in the foreseeable future given the economy that we have: this predatory Wall Street driven financialized low-wage service industry economy.
Hillary Clinton and Donald Trump basically share a policy of brute military strength. And both, I think, make a lot of Americans uneasy about our foreign policy going forward, which needs a frank discussion. Likewise on the issue of student debt and the future of our younger generation.
The jobs that have come back have been extremely insecure low-wage benefit poor temporary jobs. Young people are screwed. They don't have a way to pay off their debt. And when they discover that they could come out and vote Green to cancel that debt, that I am the one candidate who will bail out the students like we bailed out the crooks on Wall Street, then it becomes an irresistible motivation to actually come out and vote Green.
I was more tuned into the assassinations, the riots that were going on, like in Watts, and, in fact, my summer before my senior year in high school I went on the Experiment in International Living to Sweden, yes, with a group of students , you know, leisurely discussion over the summer about, you know, where we were going to go with our lives, and how did you how did, you know, being a born-again Christian mesh with being, you know, a socialist from New York.
In the words of Alice Walker, the biggest way people give up power is by not knowing we have it to start with. We have it: just to look at the power of fighting student debt or 25 million Latinos who learned that the Republicans are the party that hate and fear but Democrats are the party of people deportation and detention.
There are 43 million people who are locked into predatory student loan debt, from which there is no exit.
You can see our media appearances as well as connect to Our Power to the People Agenda, Our Green New Deal, our plan to abolish student debt and our plan to actually create a whole new foreign policy based on international law and human rights.
We call for a bailout for an entire generation that is basically held hostage by unpayable student-loan debt.
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