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.
 

Collection of Unlawful Debt
​

There is a federal law written to break criminal enterprises. It is called RICO. It was built for the mob. It lets prosecutors go after an entire organization, not just the foot soldier, when that organization runs on a course of crime.

RICO has a list of the acts that trigger it. Two of them sit at the center of this story. One is extortion. The other has a name that reads like it was written for this exact machine. Collection of unlawful debt. The loan shark provision.

A loan shark is defined by behavior, not by paperwork. He lends to people who cannot say no. He structures the debt so it grows faster than the borrower can pay. He makes the debt impossible to escape. He collects by force, outside any court. He goes after the family if the borrower cannot pay. He never lets the debt die.

Now hold the federal student loan machine up against that list, one line at a time.

Lends to people who cannot say no. The system tells every teenager that there is no future without a degree, then hands them the only financing available, and calls the signature a free choice.



Structures the debt so it grows faster than they can pay. They built the income-based plans so the payment never touched the interest. Sold as mercy. Built as a leash. People paid faithfully for a decade and watched the balance climb. You can borrow fifty thousand, pay for ten years, and owe eighty.

Makes the debt impossible to escape. No discharge. No statute of limitations.

Collects by force, outside any court. Wage garnishment, tax seizure, Social Security offset, no judge.

Goes after the family. Parent loans and cosigners pull mothers, fathers, and grandparents into the same trap, chained to a child’s debt into their own old age.

Never lets the debt die. It ends when you do.

Every behavior on the loan shark’s list is a behavior the federal student loan machine runs as policy. If a private company collected debt this way, the people running it would be charged with racketeering, the collection of unlawful debt provision named in the case. The conduct is not close to the line. It is the textbook the line was drawn from.

So why is no one in a courtroom?
 

The Takeover, and the Men Who Ran It
​

Because in 2010 the enterprise did the one thing that makes the case vanish. But to understand that move you have to see who built the product first.

For decades the loans ran through private banks. The bank issued the loan. The government guaranteed it. If the student paid, the bank pocketed the interest. If the student defaulted, the taxpayer reimbursed the bank for almost the entire loss. The bank carried no risk and kept the profit. It was the safest, most guaranteed money on Wall Street, an investment that could not lose.

At the center of it sat Sallie Mae. It began as a public creation, chartered to serve students. Then it was privatized and set loose as a for-profit business trading on the backs of borrowers. It spent millions lobbying Congress to pass the very laws that stripped your bankruptcy rights, protecting its own revenue stream from any disruption. It later split off a collection arm called Navient, the company now accused in court of illegal collection practices and of defrauding the borrowers it was built to manage. The lender that was supposed to serve students became the thing students were warned about, and the man whose administration set that privatization in motion was Bill Clinton.



That is the first name in the case file. He took a public lender meant to serve students and helped turn student debt into a private product sold for profit.

Then came the second move, and the second name.

In 2010 the government cut the private banks out of the federal loan business and made itself the only lender. The official story was savings. Cut out the middleman, save the taxpayer money. The real move was a seizure. The profit center that used to flow to Wall Street now flowed straight to the Treasury. The government did not end the racket. It took the racket for itself.

And it bolted that takeover onto the health care law.

They could not pass Obamacare through the front door. They did not have the votes to break a filibuster. So they used a budget loophole, a process that needs only a bare majority and cannot be blocked, but that comes with a condition. To use it, the bill has to show budget savings. The student loan takeover, by killing the guaranteed payments to private banks, produced the savings on paper. So they fused the two together. The seizure of the student loan market became the financial engine that qualified the health care law for the loophole. The savings wrung out of a generation’s debt were routed into funding Obamacare.

One vote. Two operations. The public was told it was about health care.

That is the second name. Barack Obama nationalized the student loan market, tied it to his signature law, and pushed both through with a method built to keep the public out of the decision. And he knew. The savings were scored in advance by the government’s own number crunchers. The loophole was chosen on purpose precisely because it dodged an open vote. He signed it understanding that the student debt machine was the fuel that made the rest of it legal.
 

The Immunity​

​

Here is the move that ends the prosecution before it starts.

When the government took over the loans in 2010, it did not just change who held the paper. It changed who you are allowed to challenge. A private bank that defrauds you can be sued. You can hire a lawyer, file in court, and drag it before a judge. The moment the debt became a direct obligation to the state, that door closed.

You cannot sue the United States unless the United States gives you permission. It is called sovereign immunity, and it is the oldest shield in the law. The same machine that uses extrajudicial power to seize your wages without a judge is itself protected from being judged. It can reach you. You cannot reach it.

And the debt did not just move behind that shield. It moved onto the national balance sheet. It became part of the federal books, more than a trillion and a half dollars of it. So now, when anyone proposes wiping it out or breaking the trap, the answer comes back dressed as fiscal responsibility. We cannot cancel it. It would explode the deficit. It would threaten the nation’s finances. The debt was wired directly into the survival of the state, so that fighting the lender now means fighting the country.


That is the genius of it, and the crime of it. A loan shark on a corner can be arrested. A loan shark that becomes the government cannot. The conduct did not change when the operation moved inside the sovereign. The wage garnishment without a judge did not become fair. The debt that never dies did not become just. The only thing that changed is that there is no longer anyone you are permitted to charge.

If Clinton and Obama had run this enterprise as a corporation, with these exact mechanics, they would answer for it in a federal courtroom under racketeering law. Extortion. Collection of unlawful debt. The elements are all there and they are not subtle. A chief executive who built a debt machine that grows faster than borrowers can pay, that cannot be escaped, that is collected by force, and that he personally fused to another product to make the numbers work, would be in a prison cell. These two are not in cells. One has a presidential library. The other is building his. The badge is the only difference between them and the man you would call a racketeer...............TODAY IN FACISM. A WELL NAMED THREAD
 
We call it hypocrisy when the Left does the things they condemn others for. But it’s actually consistent when viewed through the lens of, “What do I need to say to stay in power, or gain power?” It drives every action.

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watfly said:
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).
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Not my experience in the least. Actually quite the opposite. You, like many maga types, feel you have the exclusive on common sense and American habits. Yes there are many liberals that hunt, fish, own guns, have boats, have desert toys, fly the Stars and Stripes and love America so deeply we want it to excel and constantly do better. We can chew gum (point out hypocrisy and detrimental actions) while going about life unfettered. You show your cards when, through your own personal lens, you only see an inability to function on multiple levels. Singular focus is great to git r’ dun Maynard, but if that’s the extent of one’s ability (one task at a time) . . . that leaves one rather limited. Good luck with all that!*

*not all MAGAs are simple minded but the simple minded are predominantly MAGAs. Right Carl? “mmm-hmm.” 😆
 
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