Yes charging interest on career security is indeed a scam.
A debt is a debt by the way

I think you’re betting a little too much on partisanship here. This is a separation of powers issue.
Does the Supreme Court have jurisdiction to second-guess the Executive’s authority to declare an emergency? Do you really believe this Court will find that jurisdiction?
You are correct.
When Trump cut taxes for elites… conservatives had no problems. They didn’t have an issue with government taking in less money than it gave out.
Suddenly, 10k in student loans are paid off and now they have a problem with the government taking less money than they put out.
Camp
629
I agree that the interest on these loans is onerous and a justified action item.
Not 7 stimmi checks 2 month before election.
This pander is too narrow and egregious. It won’t be popular at all.
It’s not really my point because the government isn’t only forgiving direct loans but also private lenders which are secured by sallie Mae.
My point is close though because that there is a sudden concern that letting people keep more of their money is inflationary
More of a question really
Those simmi checks came with the signature of the president who lost the election. Your position is getting sillier by the post
Camp
632
Sure. Let’s see how the masses like their cake with inflation and baby formula shortages.
So letting people keep more of their money is inflationary. That’s two votes. Who else?
JayJay
634
I love the people that say this but in the next breath say the solution to inflation is to cut taxes.


2 Likes
JayJay
635
Speaking of deadbeats, we all subsidized this guy’s debt forgiveness.
And lest you think this is “TDS”, Donald Trump is far from the only person of means that has done this.
Ask yourselves why you always complain about fairness when the government reaches out to help people with lower incomes, but when they give wealthier people way more of our money than this (and I’m not talking about just tax cuts…but you do subsidize those even if you don’t believe you do) you chalk it up as “driving the economy”?
The way the talking heads play on your sense of fairness…a sense they themselves DO NOT SHARE…is quite amazing with regards to how effective it is.
4 Likes
The answer is always the same - they think that way because they are all independent thinkers
Camp
637
That would only be accurate of the loan recipient were the only one paying in to the loan funding pool.
Yes they pay in as does everyone else.
This is more free money and will be inflation positive.
Camp
638
That was a negotiated business tax settlement with a marginally accurate headline.
DougBH
639
If I buy a house for $400k and take out a $350k mortgage, do I own net assets of $400k? I do not. My total net worth in the house is $50k.
J’Biden has admitted in the past to be a segregationist and didn’t mince words about it on the Senate floor. He also consorted regularly with the “former Grand Wazoo” WV Senator Robert KKK Byrd. Ol Folksy Joe’s racist inclinations preceded him.
But in all fairness and considering the number of black voters who supposedly overwhelmingly voted for the turd, what’s the big deal?
The Black electorate doesn’t seem to have a problem with the “mighty whitey” being a racist?
3 Likes
WuWei
641
Sure, sure… is it also natural how 99% of academics are prog/crits?

Ah yes. “Intelligencia d’maggotry”
Until you own it outright or resell it. And unless the market appreciates dramatically, a $400k house with $50k in equity you’ll lose your ass with closing costs and taxes.
Just my take