Posted on 09/29/2019 12:32:47 PM PDT by jazusamo
Rep. Ilhan Omar (D-MN) made an appearance on BET's new series "Young Gifted and Broke" to talk about the Democrats' plan to cancel all outstanding student loan debt. According to Omar, the system is stacked against immigrants and it's time for Wall Street to bail the American people out of debt.
"My family, we didn't really recover. We went through the private loan system. I didn't really know anything about it. That's my fault. People talk about financial literacy but they also prey on people like me," fellow panelist and author Michael Arceneux said.
"That's an important piece because a lot of people think we made bad choices but it's not about the bad choices we made. It's the system that's stacked up against you, right, when you're an immigrant, when you're the first to go to college in your family, when you're looking at having to pay your rents and all of these other things and the only actions you have is to take out more loans," Omar explained. "When a private college gives you a bigger opportunity at a better life, all of that is the enticement of a system that preys on you."
Rep. @IlhanMN on the need to forgive student loan debt like hers: “A lot of people think we made bad choices and it’s not about the bad choices we made, it’s a system that stacked up against you, right, when you’re an immigrant”; it’s "a system that preys on you"
"Talk about some of the pillars of this legislation and how it would work," host Angela Rye said.
"As someone who's part of that generation, and I wanted to make sure that we were creating a proposal that would alleviate the kind of stress that people are dealing with, so what we're proposing is a simple cancelation of all debt, public and private," Omar explained. "So a simple cancellation of the $1.6 trillion. And the way that we will pay for it, you know, in the next 10 years, is to add a small financial transaction to speculators on Wall Street."
"We believe that we had the opportunity to bail out Wall Street and now Wall Street gets the opportunity to bail out the American people," Omar said with a smile. The audience applauded. "I think it's really important for a lot of people who are listening, who might think, 'Why would you want to cancel ALL of the student debt?' There might be some people who can pay it off. And I think, for us, we look at it as being the most simple and the equitable thing to do because this debt isn't a rich person problem, right? Trump and Trump’s children are not benefiting from this cancellation. They don't carry student debt. Most of the people who carry student debt are the poor and the middle class."
Rep. Omar: “What we’re proposing is a simple cancellation of all debt — public and private. So a simple cancellation of the $1.6 trillion.”
Student loan debt "isn’t a rich person problem, right? Trump and his Trump’s children are not benefiting from this cancellation."
Both my parents were legal immigrants and I’m a first generation American. I served my country as a United States Marine and used the GI Bill to put myself through college. I also used a student loan for my last year, which I repaid in full well ahead of schedule. But when you hate America first and blame America first, serving in the military is not an option. At any rate, I never expected a free college education and neither did my parents.
Well said! You earned that GI Bill as did our son, congrats.
Here illegally, get a college loan from a liberal college. Complain.
Good one!
I still don’t get the jewelry, makeup, manicure, nail polish and the turban on the head and her chest is showing. Originally it was said, they MUST keep their necks covered so as not to reveal what is BELOW their head. Men are not ALLOWED to speculate what the rest of the body looks like from the neck down. Poor fellas. No wonder they have to blow things up to vent their frustrations.
It’s all for show and it’s more than tacky. Cover up the hair. Why? What’s wrong with letting the hair show?
“”Its stacked up against you if your major is completely worthless(like women’s studies), raisin head.””
Anything that ends in “studies”....they aren’t smart enough to figure it out and want us to pick up the tab?
Forgive the debt now but I’m sure tacked onto that is PAY OUR TUITION from now on also.
I don’t know why she didn’t play the student loan system like she did the immigration system with her phony baloney marriage to her bro.
LOL I had professor tell me, everything in college should be a study But to use the word study in major indicates no scientific or art basis for the courses. Thus BS and BA.
she will vote for you and me to pay off everyone’s student debt
“”Thus BS and BA.””
True and in more ways than one...
Omar is a Marxist jihadist, like her father was a Marxist supporter of Said Barre’s political genocide in Somalia. The family fled from reprisal justice by Barre’s victims.
Now she’s sucking the lifeblood out of America just like any invasive parasite would do.
Gee, I’m glad she’s not a hypocrite. Just a commie, Moslem extremist, anti-Semitic, anti-American, anti-white and anti-free enterprise.
That is why she was elected as a Democrat congresswoman - had all the right credentials for a traitor.
Agreed...
Thanks
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