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The Half-Trillion-Dollar Student-Loan Executive Coup. Biden’s student-loan write-off is an abuse of power that favors college grads at the expense of plumbers and FedEx drivers.
Wall Street Journal ^
| August 24, 2022
| WSJ Editorial Board
Posted on 08/24/2022 7:31:26 PM PDT by karpov
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To: Revel
Right until the election is over. How convenientThe same reason Manchin waited to get the "deficit reduction" bill passed now, to delay the worst effects until after November.
To: coloradan
.....
it also buys votes for the midterms.Buys votes from people who already vote DemocRAT. Genius!!!
To: ding_dong_daddy_from_dumas
How long before this country collapses, financially?
When it goes boom it’s gonna go BOOM! big time.
The shock wave will be felt around the world.
43
posted on
08/24/2022 10:26:51 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: MeneMeneTekelUpharsin
This nation is collapsing spiritually, morally and financially.
And there are people actively making it happen. /preaching to the choir
And idiots keep supporting the godless who are making it happen.
The handwriting is on the wall. (cough)
Hello, New World Order.
44
posted on
08/24/2022 10:31:06 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: karpov
I don't know how so many people can get things so wrong. It's not about plumbers or FedEx or any of that dumbass shit every one is parroting, probably fresh out of focus groups as a diversion.
The debt payoff is a handout to universities and lenders.
It works just the same as a federal/state rebate on buying a car.
If they payout $10K to write off a loan. The university can raise their tuition at least $10K.
After all, you can afford it because now you don't have a loan to payoff. Except for that new loan you'll need for the increased tuition.
Ford raised their price $8K because the government is offering a $7500 rebate.
45
posted on
08/24/2022 10:56:38 PM PDT
by
lewislynn
(Trump accomplished more in one term than any other President in your lifetime.)
To: SaveFerris
Sure, and then everything will cost $20k more.
46
posted on
08/24/2022 11:29:23 PM PDT
by
jdt1138
To: RummyChick
I am pretty sure that the federal government has implemented the communist playbook and we are all being taken down economically, one notch at a time.
47
posted on
08/24/2022 11:29:23 PM PDT
by
jdt1138
To: Huskrrrr
48
posted on
08/24/2022 11:29:23 PM PDT
by
jdt1138
To: jdt1138
49
posted on
08/25/2022 12:49:32 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: MeneMeneTekelUpharsin
I hope you understand that this post has been seen by The Big Guy's Department of Just Us. As a result you have been officially classified as a “domestic terrorist”. You can expect a visit any day now...at around 2AM...from a large group of heavily armed men.
To: central_va
Think “slippery slope”...”camel's nose under the tent”. Are you starting to get the picture?
To: karpov
Just wait till he gives citizenship (amnesty) to 10,000,000 illegal aliens with the stroke of a pen.
It’s coming.
52
posted on
08/25/2022 3:32:28 AM PDT
by
Baldwin77
(Super, Duper, Ultra Maga, subject of the Ultra Maga King Donald)
To: karpov
53
posted on
08/25/2022 3:32:28 AM PDT
by
mewzilla
(We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
To: karpov
Revenue bills must originate in the house of Representatives
54
posted on
08/25/2022 3:42:06 AM PDT
by
xzins
(Retired US Army chaplain. Support our troops by praying for their victory. )
To: xzins
If we still had a republic.
55
posted on
08/25/2022 3:53:42 AM PDT
by
mewzilla
(We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
To: karpov
Without the Republican’s help, this stunt will lose more votes for the Democrats in November than it will gain...
56
posted on
08/25/2022 3:58:20 AM PDT
by
Dixie Yooper
(Ephesians 6:11)
To: Gay State Conservative
57
posted on
08/25/2022 4:15:56 AM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: karpov
My eldest busted his tail, got A's, enjoyed sports, became an Eagle Scout, got multiple scholarships on top of the 18 years of our college plans still worked a job and graduated with a great degree into a waiting job with zero debt and money in the bank.
I consider him to be exceptional despite the execrable pedojoe bidet diminishing this achievements with his continued idiocies.
58
posted on
08/25/2022 4:19:34 AM PDT
by
Caipirabob
(Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
To: karpov
Will there be no legal challenge to this unconstitutional action?
Seems as though every time Trump did something there was a federal district judge to stop him within 24 hours.
To: karpov
So taking money off of hard working folk to give to those making 150k is a vote getter. What an upside down world.
60
posted on
08/25/2022 5:02:52 AM PDT
by
melsec
(There's a track, winding back, to an old forgotten shack along the road to Gundagai..)
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