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Among the demands of the Wall Street protesters is student debt forgiveness - a debt "jubilee." Occupy Philly has a "Student Loan Jubilee Working Group," and other groups are studying the issue. Commentators say debt forgiveness is impossible. Who would foot the bill? But there is one deep pocket that could pull it off - the Federal Reserve. In its first quantitative easing program (QE1), the Fed removed $1.3 trillion in toxic assets from the books of Wall Street banks. For QE4, it could remove $1 trillion in toxic debt from the backs of millions of students.

I want to address the issue of "disruption," as Bloomberg is sending this issue out as a talking point brought up on Keith Olbermann's Coundown last night: the neighbors around Zuccotti Square, says Bloomberg, are feeling "disrupted" by the noise and visitors to the OWS protest, so he is going to crack down to "strike a balance" to address their complaints. Other OWS organizers have let me know that the Parks Department and various municipalities are trying to find a way to eject other protesters from public space on a similar basis of argument. Please, citizens of America - please, OWS - do not buy into this rhetorical framework: an absolute "right to be free of disruption" from First Amendment activity does not exist in a free republic. But the right to engage in peaceable disruption does exist.

Glenn Greenwald studied law and spent ten years as a litigator in federal and state courts across the country. Now he's a big two-fisted progressive blogger and columnist for Salon.com. And he's out with a blistering critique of what has happened to American law. We've stopped applying it to everyone, says Greenwald. We've carved out an exemption for Americans in the halls of power. We've created what Greenwald calls a "lawless elite" that is running roughshod over our economy and national policy. Over American law. This hour On Point: Glenn Greenwald, and liberty and justice for some.

"LONDON, Sep. 2, 2010 (Reuters) - God did not create the universe and the "Big Bang" was an inevitable consequence of the laws of physics, the eminent British theoretical physicist Stephen Hawking argues in a new book."