Today in Fascism

UK = CCP

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watfly said:
Self loathing is a key attribute of being a leftist. 90% of Republicans are proud to be American while only 29% of Democrats are proud.

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With trump in office and the farce he’s made of being “POTUS” I’m surprised the dem number is so high. Must be based off the historical “America”.
 

The Mini-IMF: How Two Presidents Turned a Generation Into a Country to Be Drained​

The weaponization of higher education finance and the two presidents who put the loan shark behind the badge​

Vivify Mariposa
Jun 15, 2026

The Loan Was Once a Tool
​

My readers asked me to follow the City of London out of its towers and into their own lives. I already showed you the body. The square mile inside London that is not London, that writes the law, prices the debt of whole nations, and rents its offshore pipes to the world. This is the same machine, turned on one person. On you. And it starts with a loan.

When I went to college I took a student loan and I paid it off in two years. No interest touched the balance until the day I graduated. The loan sat quiet while I studied. The moment I finished, I paid it like any honest debt, and it was gone. That was the deal. That was a tool.

You will not find that loan anymore.



What you will find is people online demonizing anyone who wants to be free of the debt. They want to be free, and the crowd calls them lazy, irresponsible, looking for a handout. The loudest line is always the same. My taxes will not pay for your debt.

They were already paying for it. They always have been. The government did not simply hand out these loans. It guaranteed them, funded them, serviced them, wrote the laws that protected them, and absorbed the loss every time one failed. The taxpayer was wired into this debt the day it was issued, standing behind every dollar, carrying the risk the banks were never made to carry. So canceling the debt does not walk the taxpayer into a bill they were never part of. It pulls back the curtain on a bill that was built into the structure from the start. The crowd screaming that they will not pay for someone else’s loan is standing on a bill that already has their name on it. They are not refusing to join the debt. They are refusing to look at the one they already signed.

So let me tell you the real one. Not the story they tell on the news. The story you find when you trace the money the way you trace a crime.

Let me clear one thing out of the way first, because they will reach for it. No one here is arguing that learning has no value. A degree can open a life. That was never the question. The question is why that value had to be turned into a lifetime financial claim on the person who earned it. Why the education and the debt were welded together so tightly that you cannot hold the first without surrendering decades to the second.

A student loan in America today is a debt you cannot discharge, cannot outlast, cannot fight in court, and cannot escape until the day you die. It is collected by force. It is sold to investors as a bond. It clears through a square mile in London that prices the debt of entire countries. It is the International Monetary Fund, shrunk down and aimed at a single eighteen-year-old. Pay or lose everything. That is the deal nations get. That is the deal the student gets now.

It is a new type of slavery. Not the kind with chains you can see. The kind written in contracts and enforced by the state.

If a private company had built this, it would be a racketeering case. So let me build the case the way an investigator would. The enterprise. The conduct. The money. And the one move that put all of it beyond the reach of any court.
 
Hüsker Dü said:
With trump in office and the farce he’s made of being “POTUS” I’m surprised the dem number is so high. Must be based off the historical “America”.
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No doubt that it's an emotional reaction to Trump. Liberals, more so than conservatives, wear their politics on their sleeve and inject politics onto everything, like who they're are willing to date and be friends with, where they shop, what they wear, what car they drive etc. Conservatives are much more likely to say fuck it, I'm going fishing. Whereas, liberals are most likely to whine about it incessantly on their social media seeking likes. (See Jim Wright).
 

The Enterprise



Start with what was built, because the structure is the confession.​


A loan is supposed to carry risk on both sides. You borrow, and you might not pay. The lender lends, and might not get it back. That risk is what keeps lending honest. A bank that cannot lose money has no reason to care whether you can pay. It only cares that the law guarantees collection.

That is exactly what they built. A loan stripped of every risk to the lender(Think the movie "The Big Short") and loaded with every risk onto the borrower. They did it in pieces, across decades, each piece buried inside a bigger bill the public was looking past. By the time it was finished, the most powerful collection machine in the country was pointed at the youngest, poorest, least informed people in it. Teenagers signing papers they were told they had no future without.



The federal government calls this higher education finance. Trace the mechanics and you find something with a different name in every other corner of the law. An enterprise that issues debt to people who cannot refuse it, structures that debt so it grows faster than they can pay, removes every legal escape, and collects by force for the rest of the borrower’s life. Strip the word education off the front of it and you are looking at the oldest racket there is.

The pieces were laid in order. Each one removed a protection that every other debtor in America still has.
 

The Predicate Acts
​

They started with time.

Every debt in this country has a clock. It is called the statute of limitations. After a certain number of years, a creditor loses the right to drag you into court over an old debt. Credit cards have it. Medical bills have it. The promissory note on a house has it. The principle is ancient. A debt should not be able to chase you forever.

In 1991 they took the clock off federal student debt. The statute of limitations, which had stood at six years, was eliminated entirely. They did not pass it as a bill anyone could see and argue about. It rode in as a technical amendment, cleaning up after a larger budget act the public never read. The next year they made it retroactive, reaching back to capture loans that had already been signed. Then the courts finished the job. When borrowers tried to argue that the government had waited too long, that it was unfair to chase a debt from decades ago, the courts ruled that the oldest fairness defense in the law, the one that says you cannot sit on a claim forever and then spring it, cannot be used against the United States in this case.

So the debt became immortal. It follows you at thirty, at fifty, at seventy. It follows you into retirement. It follows you until you do not need anything anymore.

Then they took the courtroom itself.



If you stop paying a credit card, the lender cannot touch your money. Not your paycheck, not your bank account, not a dollar. First it has to sue you. It has to stand in front of a judge. It has to win. Then, and only then, with a court order in hand, can it garnish anything. That is due process. It is supposed to be the floor under every American, the thing the Fifth Amendment promises, that nobody takes what is yours without a hearing.

The federal student loan machine needs none of it.

It can order your employer to withhold a slice of your paycheck with no lawsuit and no judge. It can reach into your tax refund and take it before it ever reaches you. It can skim money off your Social Security check in old age. There is no hearing. There is no jury. There is no neutral party weighing whether the amount is right or the debt is even valid. The office that claims you owe the money is also the office that seizes it. The accuser, the judge, and the collector are the same desk.

Then they sealed the last door. Bankruptcy.

Bankruptcy is the pressure valve of the whole American economy. It is the thing that says a person can fail and live. A gambler can discharge his losses. A man who runs his business into the ground can wipe the books clean and start over. A corporation that defrauds its own shareholders can file for protection and walk out the other side. The country built that valve on purpose, because a society that cannot let people fail and recover turns its debtors into prisoners.

Across a run of bills from the 1970s through 2005, they welded that valve shut for one kind of debt. First they made student loans hard to discharge. Then harder. Then, in 2005, they extended the same trap to private student loans issued by ordinary banks, slipping it into a bankruptcy bill the public thought was about credit cards. By the end, the eighteen-year-old who signs a student loan has fewer protections in bankruptcy than the executive who lies to his investors.

Look at the three together. No clock. No courtroom. No exit. Now ask yourself what you call a debt that can never expire, that is collected from your wages by force without a judge, and that you can never discharge no matter how completely your life falls apart.

You call it what it is. You just are not allowed to say it yet, because there is one more piece.
 
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