America, land of the brain-damaged and debt-enslaved

Is it any surprise that we Americans treat animals and the natural world so badly, given the way we treat even our own cherished children?

This week there were two grim news stories illustrating the callousness of American society towards its young adults.

The first was a disturbing column by Nicholas Kristof revealing to the public what research scientists have known for a while: the skyrocketing rates of PTSD and suicide among young veterans returning from the Iraq and Afghanistan wars are due not to mental instability, but to the physical effects of repeated exposure to shock waves caused by bomb detonations.

The military is in the process of performing autopsies on veterans who committed suicide, and so far an alarming number of them have shown evidence of chronic traumatic encephalopathy (C.T.E.), a degenerative disease of the brain best known for affecting boxers and football players who endure repeated concussions.

“In people with C.T.E.,” writes Kristof, “an abnormal form of a protein accumulates and eventually destroys cells throughout the brain, including the frontal and temporal lobes. Those are areas that regulate impulse control, judgment, multitasking, memory and emotions.”

In other words, even young soldiers who return home physically intact may in fact be suffering from the hidden effects of shock wave concussions, which will destroy their lives over time; apparently the disease “typically develops in midlife, decades after exposure. If we are seeing C.T.E. now in war veterans, we may see much more in the coming years,” says Kristof.

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Number two, we learned yesterday that the combined student debt in the United States reached $1 trillion. 

Occupy Wall Street demonstrators participating in a street-theater production wear signs around their neck representing their student debt during a protest against the rising national student debt in Union Square, in New York, April 25, 2012. The protest eventually marched to Wall Street; two people were arrested during the protest. REUTERS/Andrew Burton

I can’t even wrap my mind around a number that big, but one thing I can understand is that this is an egregious example of how we as a society are condemning our best and brightest young people to spending the best years of their lives in debt bondage to the banks.

For the wealthy, college and graduate school continue to serve as playgrounds for the young, a place to have fun, learn a few things and pair up before joining the family business.

For the rest of us, college is an essential step along the road to personal and professional success.  It’s not optional, and the price tag just keeps rising, while the ability of parents to pay for their children’s higher education keeps falling.

And so we find kids still in their teens signing loans for tens of thousands of dollars.  It is not uncommon for these kids to find themselves, just a few years later, with a B.A. and $200,000 worth of debt.

If you have ever tried to pay the interest on that much debt on a typical entry-level salary, you know that it’s nearly impossible.  Certainly it’s daunting to try to achieve the American dream—the car, the house, the spouse and two kids—with that kind of stranglehold of debt around your neck.

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So this is the way we treat our precious children in America.

In a new twist on “friendly fire,” we send them to war without even realizing the longterm effects that our fancy new bombs will have on them.

And we blithely tell them that a) a college education is the only way to get ahead; and b) if you want one, you have to get in line at the loan office and spend the first 20 years of your working life paying off that interest.

There is something deeply, hauntingly wrong with this picture.

And you know what the worst thing is?  There is no widespread outrage about it!

If you are a young person, a parent, or any person with a conscience, you should be working furiously to end war and to end debt bondage for students.

How?

Well, start by standing up and saying NO MORE!!!!

American-style debt bondage–how much longer can we go on this way?

A propos of this question of what the Occupy Wall Street protest is all about, I would like to raise the issue of debt bondage.

Usually when someone says “debt bondage,” we flash to images of Indian rice farmers or child brick carriers or trafficked women from Southeast Asia.

There is horrendous debt slavery in South and Southeast Asia, and the conditions under which men, women and children labor there are far worse than anything we face here in the U.S.

But at the same time, I don’t think it’s far-fetched to call the average American middle-class lifestyle a form of debt bondage.

This graphic does a good job at giving us the picture:

In case you can’t read the fine print, the end of the “game” shows that Americans will pay about $600,000 in interest alone during their lifetimes.  [Source: Visual Economics.]

Working to pay off debt has become so commonplace that we scarcely even notice it anymore.  But it’s a relatively new phenomenon.  And all that interest, plus all those fees, are among the prime ways that the Wall Street bankers have gotten so phenomenally rich in the past 50 years or so.

What can be done about this?  For starters, a quality education should not so expensive that a middle-class student has to go into debt to attain it.

And we have to think much more deeply as a society about the job question.  We should not make it so easy for corporations to outsource jobs to cheaper labor markets.  Just as we are beginning to think about localizing agriculture and energy, we need to think about localizing jobs.

That’s the way human beings have made their livings for the past millennia, after all.  Only in the last 30 years or so has the world become so small (thanks to cheap fossil fuels) that it was conceivable to export manufacturing and other basic services to the other side of the globe.

Is outsourcing really more cost-effective, when you add in the costs of social welfare for all these displaced workers?  And the costs of millions of foreclosed homes?  And the costs of warehousing millions of poorly educated young people in jail? Not to mention the costs of global climate change?

Well, it depends on who is footing the bill, doesn’t it.  The Occupy Wall Street protesters are speaking for all American taxpayers in declaring that we should not have to pay for the greedy, short-sighted mistakes of the global corporate elite.

If they had to pay the true costs of the agendas they’ve pursued since World War II, well–it would be quite a different world we were living in, friends.  Maybe we would still be able to make a living that didn’t involve constantly adding more links to the chains of our debt bondage.

Unthinkable, you say?

Think again!

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