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Elizabeth Warren Wants to Start Erasing Student Debt on Her First Day in the White House ( By Executive Order)
Rolling Stone ^
| 1-14-2020
| Andy Kroll
Posted on 01/14/2020 9:36:55 AM PST by tcrlaf
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To: tcrlaf
1. She doesn’t have the power.
2. It would be a “taking,” and a massive violation of the Fifth Amendment.
To: tcrlaf
Will this be before or after she terminates single family home construction?
To: tcrlaf
I have a mortgage with a couple of years on it. Can Liz wave her wand my way?
To: tcrlaf
Okay, you chumps: I know the other socialists (including me) have all offered taxpayer cash in various forms to buy your votes, but I’m upping the ante by increasing your bottom line by up to $50,000 on my very first day in office! And from there, there is no end of free goodies (if you vote for me).
44
posted on
01/14/2020 10:44:18 AM PST
by
SharpRightTurn
(Chuck Schumer--giving pond scum everywhere a bad name.)
To: caww
Oh, no. The universities have gotten paid. Years ago. Thats where the loan money went. What will kill the colleges is demographicsin 5 years the college aged population attending college will drop like a rock.
Look at all the new buildings on campuses. Someone has to pay for those.
To: tcrlaf
And going forward, who will take out a student “loan?” I suppose all loans will be converted to grants, unlimited in amount. Congress will just authorize an unlimited borrowing line. Is that the plan? Let’s just abolish money and make everything free.
46
posted on
01/14/2020 10:54:15 AM PST
by
sphinx
To: Little Ray
The gates have been breeched.
47
posted on
01/14/2020 11:01:11 AM PST
by
laplata
(The Left/Progressives have diseased minds.)
To: tcrlaf
She has no desire to cancel student debt, but buying votes, now that has traction.
48
posted on
01/14/2020 11:13:51 AM PST
by
American in Israel
(A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
To: tcrlaf
What office could she be talking about? Is she doing “let’s pretend.”
49
posted on
01/14/2020 11:15:16 AM PST
by
KC Burke
(If all the world is a stage, I would like to request my lighting be adjusted.)
To: tcrlaf
I am such a sucker for paying off my loans years ago
As am I. But I have resigned my self to the fact that it is going to happen. Once Generation Text comprises 50.001% of the voting pool they WILL vote themselves loan forgiveness.
They watched our biggest and wealthiest banks get a bailout in 2009, and see absolutely no reason why they shouldn't.
50
posted on
01/14/2020 11:15:33 AM PST
by
Buckeye McFrog
(Patrick Henry would have been an anti-vaxxer)
To: kaehurowing
1. She doesnt have the power. 2. It would be a taking, and a massive violation of the Fifth Amendment.
Do your homework. The Feds have already used (abused?) this law to wipe-out student debt in certain cases.
51
posted on
01/14/2020 11:16:59 AM PST
by
Buckeye McFrog
(Patrick Henry would have been an anti-vaxxer)
To: tcrlaf
Cruelest campaign lie of the century.
To: Codeflier
But who is going to lend the money in the future? The government directly?
All student loans are already done by the government. This takeover was part of Obamacare.
53
posted on
01/14/2020 12:08:23 PM PST
by
arista
To: arista
Kind of nebulous, but after checking I see you are mostly correct. One source said that the federal government loses 150 - 250 billion per year on student loan programs. That translates to a lot of happy, fat cats in academia.
54
posted on
01/14/2020 1:36:52 PM PST
by
Codeflier
(Tagline for sale.)
To: ChildOfThe60s
Do not be too certain that she cant buy votes with this.
A lot these people owing this debt are going to consider there personal situation whole lot more important than whats right for the country. “””
I would bet that there are MORE people who paid for college themselves or PAID OFF their student loans than current loan holders.
Those who played by the rules won’t want to vote for a “President’ who would let so many others off the hook for free.
She is nuts.
To: tcrlaf
The Dimms... the FREE $HIT FOLKS!
To: tcrlaf
Warren executive order to bail-out overpriced leftist
indoctrination centers - bump for later.....
57
posted on
01/14/2020 2:36:48 PM PST
by
indthkr
To: tcrlaf
Reimbursement for the responsible students who worked hard to pay off their student loans?
To: Quality_Not_Quantity
So, the government (repeat with me now: Were here to help you) will have to step in and guarantee/pay off some, if not all, of the debt. This will be a bailout on a high order.
The government already does that. Google Search Maxine Waters and her house committee interviewing several bank CEOs on student loans.
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