I think in the end it all comes down to putting power back into the hands of regulators — power that corporate America has been slowly and steadily eroding for the last 40 years.

A more powerful regulatory state could start enforcing the anti-trust laws we already have on the books by breaking up the massive tech monopolies. Once that’s done, new regulations and new legislation against anti-consumer practices are needed, but those will only work if the punishments scale high enough to work as an actual deterrent against the multi-billion dollar tech giants.

Of course, we’d also need massive, MASSIVE campaign finance and lobbying reforms so that monied interested aren’t able to sabotage the system all over again.

Or we could just bring back the guillotine… that would probably do the trick too.

The bill doesn’t really “cancel” any debt, it establishes a grant fund with tax money and allows people to apply for grants they then use to pay off their medical debts.

Rather than telling the debt holders to pound sand, the federal government will front you the cash to pay the debt holder.