"Illegitimate Debt"?

[The Intransigent Faction]

I'm in a bit of a rush but a friend shared this with me and I'm wondering if there's anything worthwhile about it:

http://www.theguardian.com/commentisfree/2014/jun/09/french-public-debt-audit-illegitimate-working-class-internationalim?CMP=fb_gu

The idea is that debt wasn't really racked up by, as neoliberals claim, people "living beyond their means", but apparently because of tax evasion and interest rates?

I admittedly don't know much about how interest rates work, but it seems like this is another case of putting emphasis on "financial reform" rather than recognizing who owns the capital...just wondering if anyone has more detailed knowledge of or thoughts on this.

[cyu]

Nice "liberal" reforms I wouldn't mind having, but for those of us that consider property itself to be illegitimate, it's just small potatoes - maybe decent, tasty potatoes, but small nonetheless ;)

Freeing slaves may be good, but if they are then forced to become sharecroppers and wage/debt slaves, how much freedom did they really win?