Biden ahead of super tuesday after any close are and people drop out of the president ial race. Continuum and 19 is physically and must remain the top priority. Countries the w. H. O. Says containment is key emit a surge of infections outside china and warnings the coronavirus could have Global Economic growth. Hello Benjamin Netanyahu is claiming victory in israels general election although it appears his fall in one or 2 seats sort of a parliamentary majority exit polls suggest thats an yahoos look good party and its right wing allies have around half the 120. 00 seats in the knesset so its the 3rd time israelis have gone to the polls in less than a year after 2. Failed attempts at forming a coalition well the chief palestinian negotiator has said the early results from israels election show annexation has won this is what saw about a cock sweetie its obvious that settlements occupation and apartheid have won the israeli elections thats a new Whose Campaign was about the continuation
A huge weight of growth that simply cant be sustained indefinitely and thats whether by the students themselves coming on board well by the windows its a huge increase in the private debt load on the economy and its falling on the people who earn the least money and its setting them up for being able to participate in the rest of the economy life which is also driven by did so i think is one form of it is going to basically a. Student debt is going to make it impossible to keep boosting Household Debt so the Financial Sector is eating itself im so old i remember the 2008 financial crisis and if you recall the sub prime debt bubble up and we have this global meltdown the student debt is already bigger than the subprime debt bubble. That was about an on trillion dollars when you look at it went from 6 to non trillion between about 22000. 00 and fog so were not talking the same sky loving christian debt were talking they did go on turning in income and then when they graduate they grudge.
Owed to the government so that means that the government could wipe out all the student debt and it wouldnt hurt any creditor at all it could be wiped out without any disruption of the economy and in fact unless its wiped out the economy will be distorted because as steve cain just said if you have to pay a lot of money in student debt you cant afford to get a Bank Mortgage to buy a house of your own and theyre going to end up living with your parents you know awol dr Michael Hudson here according to moodys erasing student debt would be a small stimulus but would it create moral hazard moral however or has it but i wouldnt know what is the morrow if he had worked the moral hazard is if the rich families that can afford to send their kids to School Without an education would no longer be able to lord it over the families that are driven into poverty by student debt. The moral hazard is that there wouldnt be a polarizing economy between an oligarchy at the top and a democracy at the bott
Now the editor in chief Marvin Olasky examines the principles of journalism and offers his thoughts on reporting. Good afternoon and welcome to the Heritage Foundation, my name is rob bluey, Vice President of communications at heritage and executive editor of the daily said no. As a courtesy to the speaker spo become a habit to ask you silence your cell phone although dont turn them off, because we do encourage you to share on social media about todays program and to help us spread the word we are streaming on twitter and youtube and you can find it on the heritage beyond both of those channels and platforms. To introduce the guests today, Marvin Olasky is a prolific writer and accomplished editor. We are proud to welcome him back to the Heritage Foundation where he is a former visiting fellow in somebody that is a close friend of the organization. Hes the author of more than 25 books including his latest, reforming journalism, which he will discuss with us today. Marvins political jou
Today Marvin Lansky is a prolific writer we are welcoming him back the author of more than 25 books including the latest which he will discuss with us today his political journey is unique he became an atheist and marxist in high school joining the communist party in the seventies at the university working on his phd with a spiritual awakening then joined the church in 1976 the founder of the Presbyterian Church in austin texas 1992 after college he taught journalism for more than 25 years and became a reporter to the yale daily news and the boston globe his first book garnered significantt attention and caught thed eye of the Bradley Foundation that supported his foundation at the Heritage Foundation one of the most wellknown works is the tragedy of american compassion turning him into a leaderia Newt Gingrich speaker of the house distributed to every republican member of the house at the time also to inspire the phrase conservativism he was urinstrumental in the success of where he i