That’s what happens when you privatize public utilities (well that and the power cutting out during winter, or burning down half the state). Get ready, they are coming for public education and the post office next.
They’ve already gutted education in southern states. The largest school “district” in Oklahoma is Epic Charter Schools, which has been investigated multiple times for financial malfeasance (originally, it worked like an MLM - teachers got paid based on their roster number, and some would recruit a hundred+ students and made bank) and the fact that “attendance” is spending five minutes on a log in screen. Parents were getting kickbacks with a “learning fund” people were buying TVs and Christmas trees with.
It’s the future. Kids whose families can’t afford private will get to set them in front of a laptop and let AI-slop “teach” their child.
And when you allow creditors to buy and sell loans amongst themselves, with no recourse for the borrowers to choose who they do business with short of immediately paying off the entire balance. Like, even if you went out of your way to take out the loan from a company you liked, they can just immediately turn around and sell it to some borderline scammer who will try to screw you at every turn.
That’s what happens when you privatize public utilities (well that and the power cutting out during winter, or burning down half the state). Get ready, they are coming for public education and the post office next.
They’ve already gutted education in southern states. The largest school “district” in Oklahoma is Epic Charter Schools, which has been investigated multiple times for financial malfeasance (originally, it worked like an MLM - teachers got paid based on their roster number, and some would recruit a hundred+ students and made bank) and the fact that “attendance” is spending five minutes on a log in screen. Parents were getting kickbacks with a “learning fund” people were buying TVs and Christmas trees with.
It’s the future. Kids whose families can’t afford private will get to set them in front of a laptop and let AI-slop “teach” their child.
And when you allow creditors to buy and sell loans amongst themselves, with no recourse for the borrowers to choose who they do business with short of immediately paying off the entire balance. Like, even if you went out of your way to take out the loan from a company you liked, they can just immediately turn around and sell it to some borderline scammer who will try to screw you at every turn.