Posted on 08/09/2020 3:27:25 AM PDT by RoosterRedux
Animals that are ambush hunters tend to be very still until they have their prey where they want them. Then, the ambush hunter is an explosion of efficient motion and the prey . . . well, the prey is toast. With Saturday’s executive orders and press conference, Trump proved himself to be a masterful ambush hunter, and the Democrats found themselves being hapless prey.
As with so many of their initiatives in 2020, the Democrats got greedy. Time and time again, they’ve used the excuse of the Wuhan virus and George Floyd’s death to advance hard-left policies unrelated either to the virus or to the exceedingly rare instances when American police wantonly kill black men.
When the virus first appeared, Trump, in good faith, allowed Fauci to lead him down the primrose path. This meant giving in to, and signing off on, the Democrats’ demands for stimulus bills. His agreement made the Democrats foolhardy. With the economy on life support, deaths from the virus dropping, and Americans desperately wanting to go back to work, the Democrats decided that they could again lard the latest stimulus bill with all manner of things. They assumed Trump would be either trapped or compliant.
What they hadn’t realized was that Trump, like a cat watching a rat draw near, was just waiting for the right moment to spring. Saturday was that day. In the kind of press conference that helps win elections, Trump explained that he was cutting through the Democrats’ ridiculous negotiating tactics and using his executive power to bring relief directly to Americans. Here’s the entire press conference, including his walking away at the end when CBS’s shrewish and disrespectful Paula Reid refuses to stop screaming questions at him:
(Excerpt) Read more at americanthinker.com ...
That is a great analysis.
I had mentally underweighted the state bailout factor. By not actually obtaining the state bailouts Pelosi was after, the Democrats are in a world of hurt. The governors must refocus their efforts during the next 90 days
Doing the EO’s on a Saturday gives the employed and unemployed two days to count their anticipated money before the democrats can shop a judge to issue an injunction to take their money back.
Only the wealthy going to college?
No.
There are not enough “wealthy” families to support all the colleges. Sure, the IVY league colleges would keep their rates high, but most of the run of the mill schools would have to cut back.
On a side note, Americans have been fed a bill of goods concerning college degrees. Some degrees are valuable and in fact do required the additional years in school. But a lot of degrees today are just plan worthless. It is these degrees that will go away.
Fact is a good portion of freshman will not earn a degree yet they will have a large debt. Even those that do get a degree will most likely not find work in their field. And if they do find work in their field their pay will not be enough to service the debt. (this is not true for everyone, but I contend it is true for most).
PhD especially is a worthless degree. There just are not enough work for all the PhD that graduate each year.
What we need more of is salesman, carpenters, plumbers, welders, electricians, gardener, and so on. That is people with specific skills.
Think of any industry or business. It is in the shape of a pyramid. The base contains most of the employees. As a person moves up there are fewer positions until you get to the very top.
All those college graduates will start at the bottom. A degree may get your foot in the door, but no degree will allow you to start at the top. Yet you would still be burdened with debt. (The exception is when you create your own business, then you start where you want to start).
Something of value to be surrendered upon non-payment of loan....
With fewer loans being written to higher-ed institutions, tuitions will plummet. Amenities will be scarce. It will put the focus of education on education.
The days of unlimited borrowing with nobody questioning how you will repay will be over once student loans, as they are now known (with no bankruptcy provisions) are done.
Today, “higher” education refers to the higher price - for amenities that have nothing to do with education. The future paradigm will be more spartan. If you want education, you will have to pay for it, borrow with conditions (like collateral), or “pay as you go”. It’s a good thing.
Here is the money paragraph:
“People who underestimate Trump routinely do so at their peril. Everything he does is calculated, including tweets that send his political opponents scurrying around like cats chasing a light while he’s getting things done to help the American people.”
AND, THE secret to President Trump’s successes!
Yeah I know what collateral is. What kind of collateral would an 18 year old incoming freshman have?
With fewer loans being written to higher-ed institutions, tuitions will plummet.
Why?
“Or the universities will lower their fees to compete in the real market”
Today universities are 4-years of playtime for a large fraction of attendees. It’s all paid for with borrowed money.
It is difficult to muster too much sympathy for folks in debt because they had a 4-year party. Nevertheless......discharging student loans in bankruptcy is the right thing to do. Kids with no meaningful skills cannot repay debts, whether you let them declare bankruptcy or not.
Money has perverted higher education. Remove student loans, you remove the money, and you can no longer afford to offer things unrelated to education and still provide education. A lot of institutions won’t survive. That’s OK. They can declare bankruptcy too....they can sell assets to folks who can better utilize them. Humanity will survive.
“Yeah I know what collateral is. What kind of collateral would an 18 year old incoming freshman have?”
They either have family who provide collateral, or delay their education until they have either the money or something of value to pledge against a loan for education.
Why will fewer loans be written? Whenever you tighten loan standards, fewer loans are written. It’s the same with cars, houses, credit cards.
Student loans as they are now underwritten are provided with few limitations. Certainly no assessment of ability to repay after graduation (or non-graduation) is undertaken. The government backstops them all now. If you ask “How exactly are you going to repay this money” there will be fewer loans. There will be fewer kids attending university. THose that do will be price conscious. So universities that wish to survive will lower their prices, and offer only the basic amenities required to support education.
That’s why.
If banks made student loans based on ability to repay by monitoring grades, knowing which careers are needed etc. with no government guarantees then student loan ans would be fine. If there is a glut of peopke for a given career the student would be unable to get a loan. If a student was not a serious scholar they couldn’t get a loan.
I agree with you, Government needs to get up of the student loan business.
A young person should look at trade schools. Spend around $20-$30k, over a couple of years and get skilled as an electrician or HVAC tech. They can step into a good paying career upon completion.
He is forcing a Supreme Court hand.
This is one tough New Yorker.
Be proud dude, most folks don’t care to much for NYC politics.
The President knows it all to well and he is on our side.
So, in your mind Trump wins but loses Congress.
Why?
Well said.
This coming from ex mil. Who took those skills learned and paved my way to “middle class”
Just the messenger.
...screaming about Trump defunding Social Security via the payroll tax holiday.
_____________________________
Such a perfect setup to inform/remind everyone that there is no SS Trust fund and that SS comes out of the General Fund.
Payroll tax is income tax. (I was self-employed for all my working life and I always paid both sides for myself, as did my husband and when we had employees, we also paid 1/2 of theirs.) It’s a chunk of change every quarter.
POTUS has appropriated funds that he is legally clear to direct and is doing so in behalf of the people. He has tariff revenue. He has asset forfeiture money. He has saved money and reduced outflow in a variety of ways.
NOW, let the progs scream and he can present a detailed list of the monies available, the sources and how he will, IF RE-ELECTED, direct that money to the ultimate producers: the people. He has said the payroll tax relief will become permanent if he is re-elected.
I say, “Scream on, you idiots.”
Why?
Democrats currently have a 30-plus seat majority in the House. It's possible that the Republicans may cut in to that but it is highly unlikely that the they will retake the House. In the Senate it is likely that the Democrats will pick up a couple of seats if not retake the Senate. But even if the Republicans have 50 or 51 seats, with Romney and Murkowski a Republican majority vote on anything is not a guarantee.
Sec. 4. Tax Forgiveness. The Secretary of the Treasury shall explore avenues, including legislation, to eliminate the obligation to pay the taxes deferred pursuant to the implementation of this memorandum.
With the President on the ticket for 2020 how do you see the turnout vs 2018?
Much higher. Both those who support the President and those who oppose him.
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