Putting government in the place of an eternal father has a price in freedom to everybody...
Let the right inveigh “righteously” all it wants — America needs to mutually sacrifice in digging itself out of an ungodly racket. Period. What “deadbeats” don’t like pales next to what God does not like. What God says simply is that let him who stole steal no more, but do something useful with his hands so that he may have something to share with those in need. Nothing about making up what is lost to the sands of time and folly.
When America rediscovers the jubilee year, there will be jubilation all around. What is this grudge costing us? Things on an eternal scale, that’s what.
Jubilation all around?
Not from those whose assets, as the other side of someone’s debt, were wiped-out.
I would like serious consideration of this concept.
We live in a world of debt and it's not good. Student loans are part of it, but the problem is much bigger than that.
I believe that debt is (mostly) avoidable but that certain people benefit from debt and have built a culture which depends on massive debt for nearly everyone.
Broad elimination of debt would be good for many, many people. Yes, it would be awful for those who hold the debt. But are they the Good Guys? Are the bankers the Good Guys?
Fixing the problem -- and I think it has to be fixed -- will be painful. But that's not a reason to not fix it. We will, of course, need to find a way not to revert to the same problem just a few years down the road.
I'm not an economist. I'm sure this issue is much tougher than I think it is. But it doesn't take a genius to know that we aren't going to pay off the nation's $22T debt. We're not going to pay it off. All I'm saying is that we should admit it.
The only other "solution" is to raise everyone's taxes so that more money can be funneled to the bankers -- although the debt still won't be paid off. Ever. I say: forget the tax increases. Forget the debt. Start a new game and play by better rules next time.