2021-12-09 09:23:09

“Your Debt Is Someone Else’s Asset”: Calls Mount to Cancel Debt & Halt Wealth Transfer to the Rich

As calls grow for Biden to extend the moratorium on student debt, we speak with the Debt Collective’s Astra Taylor and feature her new film for The Intercept, “Your Debt Is Someone Else’s Asset,” animated by artist Molly Crabapple.

The $15 trillion in U.S. household debt is “a form of wealth transfer” from the poor to the rich, Taylor says. “People are in debt by design.”

Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. Our reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. 

On DN!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events.

Missed an episode?  Check out DN on FSTV VOD anytime or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling, and online at freespeech.org.

Amy Goodman Astra Taylor Debt Debt Collective Democracy Now! Free Speech TV Molly Crabapple Student Debt The Intercept United States Wealth Transfer Your Debt is Someone Else's Asset

Economy

The Rick Smith Show

The Rick Smith Show | Expand the Definition of Income

The Rick Smith Show | Expand the Definition of Income

BreakThrough News

BreakThrough News | The Economy in 2025

BreakThrough News | The Economy in 2025

BreakThrough News

BreakThrough News | The Economy was on Voters' Minds

BreakThrough News | The Economy was on Voters' Minds

The Thom Hartmann Program

The Thom Hartmann Program | American Society Used to Benefit from the Wealthy

The Thom Hartmann Program | American Society Used to Benefit from the Wealthy

Related

Democracy Now!

Democracy Now! | Trump Pardons Jan. 6 Rioters: Jackson Reffitt Speaks Out

Democracy Now! | Trump Pardons Jan. 6 Rioters: Jackson Reffitt Speaks Out

The Thom Hartmann Program

The Thom Hartmann Program | Does the Left Needs its own Media Ecosystem?

The Thom Hartmann Program | Does the Left Needs its own Media Ecosystem?

The Thom Hartmann Program

The Thom Hartmann Program | American Society Used to Benefit from the Wealthy

The Thom Hartmann Program | American Society Used to Benefit from the Wealthy

The Rick Smith Show

The Rick Smith Show | The Fallout of the Washington Post's (lack of) Endorsement

The Rick Smith Show | The Fallout of the Washington Post's (lack of) Endorsement

Proud Partners