Apples to oranges here, quantitative easing, however we dealt with the banks in 2008 right or wrong, those loans, zero interest in some cases were repaid. So that would not erase student debt. No matter what Interest Rate it is, you still have the principal. Its not the same mechanism with the bank and how would you get a congress that wants to do nothing like this to do Something Like this. It was easy for the banks to repay the loan. Theyre an extremely advantaged and privileged group. They get the money at zero interest, they loan it out at 7 so its really easy for them to pay back those loans. Young people are not in that situation. They dont have the jobs that we need. We dont have an economy that can employ them. So heres what im suggesting. That debt is largely owned now by the federal government, the vast bulk of it. Im suggesting that the Federal Reserve actually buy that debt like it did for wall street but in this case that it buy that date and basically declare that debt nu
Wellwishers may be headed, with one or two exceptions, to the spin room as new york city mayor bill de blasio is working the refs after the game. Nicolle wallace, i think a boisterous discussion got through tonight despite some signal interruptions and some audio problems, which we obviously apologize for. Yeah, listen, off to the races, right . And i think that this field showed themselves when they broke into spanish, when they debated the intricacies of policy, when they kept it on what they were for and didnt end up down the rabbit hole of what they were against. When jay inslee had that sharp answer with the greatest threat to the country and the world was and came out with donald trump. I mean, together as a field, they strung together an incredible story about what is possible if donald trump isnt reelected to a second term and really, its up to democrats in terms of who spoke for what theyre hungering for the most. Probably claire can answer that bert than me. Senator, someone
I have to tell you brian williams, our colleague, will be in to anchor our live post game analysis tonight as well. Thats coming up. Now, this is whats happening politically. Tonight both debates are already clearly helping further focus the issues as well as divisions in this large democratic field. Health care a big issue, i can tell you, on both nights where the fundamental debate, what is the best policy, what is possible, and what is radical. I dont understand why anybody goes to all the trouble of running for president of the United States just to talk when what we really cant do and shouldnt fight for. [ cheers and applause ] i dont get it. Congressman delaney just referred to it as bad policy, and previously he has called the idea political suicide that will just get President Trump reelected. What do you say to congressman delaney . Youre wrong. I think if were going to force americans to make these radical changes, theyre not going to go along throw your hands up. Debates are