“Some people say that we can’t afford to help our kids through school by keeping student loan interest rates low,” said Senator Warren. “But right now, as I speak, the federal government offers far lower interest rates on loans, every single day–they just don’t do it for everyone. Right now, a big bank can get a loan through the Federal Reserve discount window at a rate of about 0.75%. But this summer a student who is trying to get a loan to go to college will pay almost 7%. In other words, the federal government is going to charge students interest rates that are nine times higher than the rates for the biggest banks–the same banks that destroyed millions of jobs and nearly broke this economy. That isn’t right. And that is why I’m introducing legislation today to give students the same deal that we give to the big banks.
Big banks get a great deal when they borrow money from the Fed,” Senator Warren continued. “In effect, the American taxpayer is investing in those banks. We should make the same kind of investment in our young people who are trying to get an education. Lend them the money and make them to pay it back, but give our kids a break on the interest they pay. Let’s Bank on Students… Unlike the big banks, students don’t have armies of lobbyists and lawyers. They have only their voices. And they call on us to do what is right.”
“It’s a most distressing affliction to have a sentimental heart and a skeptical mind.”
“I suspect it’s difficult for men to imagine a world in which their bodies have long been inextricably linked to their value as an individual, and that no matter how encouraging your parents were or how many positive female role models you had or how self-confident you feel, there is an ever-present pressure that creeps in from all sides, whispering in your ear that you are your body and your body defines you. A world where, from the time of pubescence on, you can feel the constant and palpable weight of the male gaze, and not just from your male peers but from teachers and sports coaches and the fathers of the children you baby-sit, people you’re supposed to respect and trust and look up to, and that first realization that you are being looked at in that way is the beginning of a self-consciousness that you will be unable to shake for the rest of your life.Even if they are never verbalized, the rules of bodily conduct for females become clear early on: when school administrators reprimand you for the inch of midriff that shows when you lift your hands straight in the air or youth group leaders tell you that the sight of your unintentional cleavage is what causes godly young men to fall, you learn that your body is dangerous and shameful and that it’s your responsibility to cloister it in a way that is acceptable to everyone else. You learn that your body is a topic of public debate that everyone is entitled to weigh in on, from a male classmate telling you that those jeans make your ass look huge to the male-dominated United States Congress dictating the parameters that rape must fall within to be considered legitimate. To be a woman, and to live life in a woman’s body, is to be held to a set of comically paradoxical standards that make you constantly second-guess yourself and jump through a million hoops in pursuit of an impossible perfection.”
“Yes, false rape accusations happen. Run the protocol anyway. I’ve heard that perhaps the military has the highest number of ‘em. True or not, RUN THE PROTOCOL ANYWAY. Because in 15 years of investigating rape accusations, I can count those that panned out as false on one hand. Meanwhile, the one time I almost skipped the protocol, the one time I almost didn’t believe a petty officer, because I was naive as an investigator and a young woman, because her commanding officer described her as “a party girl, always late, always out drinking, don’t bother with this one”, she turned out to be the victim of one of the most brutal assaults I’ve ever investigated. She shouldn’t have still been -alive-, let alone up and making the accusation. So let me repeat: five false accounts in fifteen years. And one time I almost failed a woman ‘cause of the bullshit way it’s normal to talk about us. Take your shipmates’ word, and then run the protocol. Every. Single. Time.”