Posted on 08/25/2022 1:58:18 AM PDT by ChuckR163
Recently there has been talk in the news about Biden forgiving student loans. Keep in mind that he will only be able to forgive government student loans, all those others with private student loans get screwed. Responsible people who paid off their loans will also get punished.
Is this anything like Gropin’ Joe’s administration leaving roughly $7 billion in military equipment behind in Afghanistan?
Their plan is working perfectly.
People like this already have their credit cards anyway.
But it harms the lenders - in this case taxpayers. And it harms every borrower who ever paid off his debt.
Yup, as Ron White says, ya can’t fix stupid.
I want them to refund all the loans I paid back.
He has zero power to do this.
Uniparty won’t stop him.
Scotus neither.
Couldn’t the same be said of the banks or the car companies? They both got massive bailouts at taxpayer expense.
“Forgiving student loans will not help them at all.”
It’s not meant to help them; it’s meant to buy loyalty from the losers, and hurt productive citizens like us.
Forgiving loans must be done for all government loan types in question. Any payments made must be refunded. This cannot be only for deadbeats.
Forgiving loans must be done for all government loan types in question. Any payments made must be refunded. This cannot be only for deadbeats.
Without Congressional approval no debt forgiveness is possible. The President can slow payment requirements. He can not unilaterally forgive loans.
Typical Biden red herring. What he says with his mouth has no meaningful relationship with reality.
Per the above, 92% of student loans are from Fedzilla.
Deep State controls the market and it doesn’t like competition.
And thereby setting another precedent for Rule by Decree.
We Are So Screwed.
There’s no way the country can survive all of this nonsense.
Maybe that’s the plan. /Agenda (whatever)
Or should I have said:
All according to plan?
Yeah. It would seem that people who attend college on student loans unlearn personal finance that somehow plumbers, electricians, and farmers, seem to master on their own?
Only a communist thinks the people become supremely competent once they are employed by the government.
There is a name for it: The Cloward-Piven Plan.
https://www.cairco.org/reference/cloward-piven-strategy-fundamentally-transforming-america
Two of my three low end renters who received Covid rent relief, government payment of rent and electric, were totally broke when the payments stopped. As near as I can tell the sudden influx of money, as one was employed and the other was on Social Security and getting along just fine, destroyed them. The destruction was devastating and complete, so I think drugs was the mechanism.
Giving people helicopter money is a recipe for disaster.
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