Posted on 05/22/2024 5:29:20 PM PDT by ChicagoConservative27
Its mostly for women. Women have over 2/3 of the college debt and also most of the worthless degrees.
> How can Biden alone do this without involving Congress? <
Constitutionally, he can’t (of course). But here’s the thing. No one knows for sure, but there are now many thousands of federal laws and regulations. Some researchers have put the number at over 100,000.
So all a president needs to do is find a law or regulation that kinda/sorta gives him legal cover. Then presto! He does what he feels like.
The press and the opposition party are supposed to be checks against this behavior. But the press is now an arm of the Democrats. And the Republicans are fast asleep.
Total sham and expense to the taxpayer. I hope people are really upset with Joe’s vote-buying schemes.
What next? Cancelling the tax debt of favored voting blocs?
I thought The House had the purse strings....
thanks
I wonder if the CNN debate “moderators” will question Biden about this unconstitutional action. Probably not.
Like selling off the Strategic Petroleum Reserve? Because he’s laser-focused on bringing the price down at the pump just prior to elections?
Once Trump returns to the White House he can place a lien against The Biden family assets, after he raids him, plants evidence, and rummages through Dr. Jill’s Lacey drawer and uses his DOJ and FBI for shock raids and prosecutions.
But first Trump will have to waive Biden’s Executive Privilege.
Might seem a smidge weird, but there’s precedent now.
> I wonder if the CNN debate “moderators” will question Biden about this unconstitutional action. <
It’s possible that the topic will come up.
Panelist: “President Biden, all of America thanks you for releasing our young people from debt slavery. Why didn’t your opponent care enough to do the same?”
Biden (after staring into space for a full minute): “Trump is bad.”
Panelist: “Well said, Mr. President.”
———-
Sadly, I’m only half-kidding here.
The former Senator from MBNA is still owned by the credit card companies, he’s not gonna hurt them.
How is this anything but buying votes with stolen money? The avg amount of tuition debt canceled per student is ~ $40,000. Quite an incentive for people to vote for Biden. He has already paid off tuition debt for over 2.5 MILLION people of voting age using TAXPAYER MONEY, without any legal authorization. Blatant election rigging on top of allowing millions of illegal potential voters to enter the country. And the silence of Republicans continiues.
So all a president needs to do is find a law or regulation that kinda/sorta gives him legal cover. Then presto! He does what he feels like.
That's what I was thinking a couple days ago. The wholesale forgiveness plan he originally wanted wouldn't cut it, but with all the progressive legislation over the past century investing powers in the Executive, he could find things here and there . . .
Here’s the thing, though; have these borrowers received releases? We all know Biden doesn’t have the power to do this.
$48,000 debt that they still have not paid off. I suspect many of these loans are rather old.
A ton of these “students” who are not students any more and barely were in the first place NEVER GRADUATED; and another ton of them have NEVER PAID A DIME on the loans they got. ZERO. Not even $10 a month, not even once.
What would have been wrong with reducing loan balances and improving terms, why does it have to be a complete wipe of the loan balances?
I will not be surprised if we find that some “students” forgiven a 10k loan balance want to be paid $38k cash to make it “fair” that some “students” got $48k or more “forgiven.”
It is more democrat vote buying from “students;” and no doubt there are also forms of payoffs to lendors, etc. involved in some of these loans being “forgiven.”
This crap never stops.
Even worse is the fact that these student loans did not have to be used for tuition, room board, books, etc. The money was sent to the student. It could havevbeen used for restaurants and video games.
Biden is a chomo who belongs in a prison cell.
It’s very easy to give away other people’s money.
Democrats provide benefits to their voters.
Repubs signal their virtue by punishing their voters.
Buying votes is the communist way.
https://www.abc4.com/news/top-stories/another-160000-borrowers-will-see-student-loan-relief/
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