Modern Day Slavery in America

Well yeah, the author did use "the debt matrix" in their title. But if you are saying that by not including that in my title makes my thread name offensive, then you are very thin skinned. Here are some examples of websites that compare college grads to debt slavery: http://www.wnd.com/2016/01/how-to-become-a-government-debt-slave/ http://www.wisebread.com/wage-slave-debt-slave http://wolfstreet.com/2013/02/06/college-graduates-are-the-new-debt-slaves/ http://www.zerohedge.com/news/student-loan-debt-slaves-perpetuity-true-story-bankruptcy-hell http://www.collegescholarships.org/research/student-loans/ http://www.nationofchange.org/make-no-mistake-you-are-american-debt-slave-1389886420 If you have any references from the other side, I'd like to see out of curiosity. What I'm describing here in this thread is without a doubt debt slavery.

Hmm my biggest problem with it is that debt owners should not be allowed to take a quarter or more of your net income. There should most definitely be a law regarding that. ANDDDDD... People who shit out kids they cannot afford get tax breaks out the wazzo. They get back more money from income tax than what they pay in. How much is someone allowed student loan interest expense? $1500. You can pay $8000 in interest only on your loans every year and the only tax break you get for it is $1500. RIDICULOUS.

@Arc These are all very poor choices of websites. None of these are reliable websites. Did you just go on google and pick out anything that popped up and seemed to support your line of thinking? I'm sure there are better examples that you could find to support your argument. And I said your title is click bait, not offensive. And it is very much click bait. I'm not here to argue that you should change your title to avoid offending people because it's very apparent that you really don't care about that (I have other thoughts on that, but that's an entirely different topic).

The problem is drmario, you are making this a debate about the terminology and not what the problem is. I think the OP would probably appreciate you more if you had something to contribute in that regard rather than playing devil's advocate for the sake of debating.

Furthermore, why don't you find your own reliable sources. I believe the OP even encouraged you to look at it from the other perspective. The problem with finding reliable sources regarding student loan debt is you're not going to find too many websites that are backed and/or accredited for even out-right using the term "slavery" even though many people, as the OP has provided articles and links, think that way besides himself. He made this thread to talk about the problems and issues with it, see if anyone may have insight or resolve- perhaps there is something more apparent that others can see that some cannot. Instead, page 5, still fucking debating about what slavery is. People should not fear offending people. You get touchy around a word and that gives it power. "Oh no, I shouldn't use this term, it could be offensive and some people too sensitive too it." I believe Gudmoore said it earlier, no? There isn't even anyone alive today who was present during racial slavery. Yes there is the human trafficking and sex-trade. That is the true modern slavery. Nobody said the term slavery couldn't be used in other regards. Fucks sakes people. Grow some thicker skin.

I agree with Veru, it seems like we are starting to run on a hamster wheel here. I wasn't specifically referring to you when I said that if you were offended you are thin skinned. I probably should have said "anybody" instead. Also dr. Mario, what references are you expecting me to pull up? The Websters dictionary? How about this? Look up Vice on HBO and see what they have to say about debt slavery. I think the only point of debate I can have with you at this point is if college grads in huge debt are wage slaves. I've offered all the information I could on my side of the argument and am still waiting for yours. If not, I think that's all we can say about it.

Slavery is slavery no matter how you want to sugarcoat the word. I don't see there being a problem with saying slavery. It's true there's still slavery in the modern day society. On the legal side there's contracts, debt, and other obligations that if you sign they can legally control your life. On the illegal aspects there human trafficking. Many countries are tracking and hunting down the people who participate in illegal means of slavery(assuming that they aren't a corrupted government themselves). There is alot more legal slavery going on as a corporate and debt issues. No one can do anything about it really because of a dotted line. When people sign for a loan they are at the mercy of the loan provider until all the money is paid. Meaning they can change the interest rates and apply hidden fees as they please(within legal limits ofc). If they don't pay, they could lose something or severely damage there credit and ruin their lives. As far as contracts, people sign to do something or x amount of time. Corporations can use that against said signee and seize or sue as stated in contract. Both ways are wrongful overall but they are bounded by law like when open slavery was legal in most countries. Tisk tisk... maybe one day we will progress out of this but as of now this is modern day slavery.