And the auto industry, and any other 'too big to fail' business that the government's pockets are somehow always deep enough to save. How about our kids' futures?

Well put! This is what people don't understand about student loans.

This is exactly how home loan (mortgage) repayment schedules function.

I've been paying for 10 years and I still owe nearly as much as when I first started!

Can't find anything on who is Charles E Herr Nothing on Charles E Herr but obits & a fraud indictment from 1908. The indictment alleged a conspiracy to defraud the United States of coal lands, in violation of § 5440, Rev. Stat. (U. S. Comp. Stat. 1901, p. 3676).

Love the line.'like we did for the banks'.