When the Fed/Gov pumped out all that money for the housing bubble, they had collateral in the form of all those houses that they guaranteed. Their owners and masters (the banks) are now scarfing those up.

What is the collateral for student loans - which a person CANNOT clear through bankruptcy? How many wars we got going now - and how many more are in the marketing phase? Wull let's see if we can connect the dots and add two and two.

"Hello Mr. New Graduate who can't find a job over the last few years and whose student loans are still piling up shitloads of overdue interest, I'd like to talk to you about a Great New Program brought to you by Sallie Mae and the Department of Defense. That's right! You may have heard of us on the Walmart channel. The Carousel Program - come renew your future with us! We'll take care of everything, and wipe your debts clean! Just sign here...here...and here...Great! Sgt R. Lee Ermey will be taking care of you when you arrive. Congratulations!"