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Started By
Message
re: BREAKING: Federal judge declares bidens plan to forgive student loans unconstitutional
Posted on 11/11/22 at 6:48 am to vilma4prez
Posted on 11/11/22 at 6:48 am to vilma4prez
quote:
Gen z was upset with the abortion call, now they will be even more motivated.
ohhhh noz.
quote:
The hammering of the last nail on a red coffin just started
doubt
0
Posted on 11/11/22 at 7:13 am to LoneStar23
Damn foiled my plans of taking some online courses at BRCC and taking a $10K loan.
Posted on 11/11/22 at 7:17 am to Indfanfromcol
quote:
So we are okay with the PPP loans but not student loans forgiveness? Just making sure I get this right.
I don't think either are beneficial, but I certainly prefer the way PPP was enacted compared to student debt relief. I'd ask if you agree, but it doesn't appear you even know there is a difference.
Posted on 11/11/22 at 7:19 am to Darth_Vader
quote:
Anyone with even a passing knowledge of the constitution knows the president cannot just decree “loan forgiveness”. Luckily for Democrats, thanks for decades of leftist propaganda being soon-fed to American’s youth instead of them getting an actual education, the Average American under the age of 50 is totally oblivious to how our constitutional republic works.
Democrats made the same bet with their promise to “codify Roe” if elected in the midterms. Democrats knew full well the Dobbs decision, per the 10th Amendment, completely stripped Federal power to regulate abortion, either for or against. But they also knew the average woman, particularly young women cannot understand this. The result was the majority of single young women voted Democrat because they thought they were voting for “choice”. It was a pure naked power play. Democrats knew the only way to affect abortion policy is to focus on state legislature votes. But they bet on the fact the average woman didn’t know this.
Darth, I just have to come back in (I was on a tablet last night) and commend you on how fricking wrong you were about Roe/abortion, while being incredibly confident and condescending in your delivery of this personal embarrassment.
Posted on 11/11/22 at 7:39 am to Darth_Vader
quote:
Anyone with even a passing knowledge of the constitution knows the president cannot just decree “loan forgiveness”.
Where in the Constitution gave the Fed Govt the ability to give the loans - i.e. did they come from Act of Congress or an Executive branch dept?
This is what will ultimately decide who has the authority to discharge the loans.
Posted on 11/11/22 at 11:18 am to jnethe1
quote:
F that, i paid mine off.
So did I. But the government is going to waste/give away money. Might as well be American taxpayers benefiting from it.
This post was edited on 11/11/22 at 11:40 am
Posted on 11/11/22 at 11:41 am to GRTiger
I didn't qualify for either but if you're fine with how PPP loans went down and against the student loan forgiveness, you're incapable of any sort of objective critical thinking.
PPP loans weren't even needs based. You could have tripled your profits during covid, and still received up to $10MM. Many car dealerships received huge loans despite maintaining large profits.
The $10k student loan forgiveness in many if not most cases was just going to accumulated interest. PPP loans were cleared in their entirety.
"You took the loan, pay it back." I can get behind that, but spare me the mental gymnastics about how that doesn't apply to PPP loans
PPP loans weren't even needs based. You could have tripled your profits during covid, and still received up to $10MM. Many car dealerships received huge loans despite maintaining large profits.
The $10k student loan forgiveness in many if not most cases was just going to accumulated interest. PPP loans were cleared in their entirety.
"You took the loan, pay it back." I can get behind that, but spare me the mental gymnastics about how that doesn't apply to PPP loans
Posted on 11/11/22 at 12:40 pm to Tyga Woods
quote:
quote:
F that, i paid mine off.
So did I. But the government is going to waste/give away money. Might as well be American taxpayers benefiting from it.
There is that aspect. What was this estimated to cost? How much have we given to Ukraine alone, not to mention billions every year to who knows where in the world?
This post was edited on 11/11/22 at 12:41 pm
Posted on 11/11/22 at 12:41 pm to LSUsuperfresh
quote:
I didn't qualify for either but if you're fine with how PPP loans went down and against the student loan forgiveness, you're incapable of any sort of objective critical thinking
The government took away peoples livelihood without their consent.
The students chose to borrow the money.
How is this even comparable.
Sounds like a dumb npr talking point.
Posted on 11/11/22 at 12:42 pm to LSUsuperfresh
Remind me, was PPP implemented through duly enacted legislation? Or did the president just do it on his own?
Posted on 11/11/22 at 12:47 pm to SloaneRanger
quote:
Remind me, was PPP implemented through duly enacted legislation? Or did the president just do it on his own?
That’s irrelevant to what is being argued in this thread:
"You took the loan, pay it back."
If you took a PPP loan, pay it back
This post was edited on 11/11/22 at 12:49 pm
Posted on 11/11/22 at 12:48 pm to LSUsuperfresh
quote:
I didn't qualify for either but if you're fine with how PPP loans went down and against the student loan forgiveness, you're incapable of any sort of objective critical thinking.
PPP loans weren't even needs based. You could have tripled your profits during covid, and still received up to $10MM. Many car dealerships received huge loans despite maintaining large profits.
The $10k student loan forgiveness in many if not most cases was just going to accumulated interest. PPP loans were cleared in their entirety.
"You took the loan, pay it back." I can get behind that, but spare me the mental gymnastics about how that doesn't apply to PPP loans
This is pure insecure ignorance. Everything you said is completely missing the point. Slow down and try again.
Posted on 11/11/22 at 12:50 pm to LoneStar23
Water is wet. Dems are liars. Pretty obvious they did it again.
Posted on 11/11/22 at 12:55 pm to TCO
quote:
That’s irrelevant to what is being argued in this thread:
It's really not. PPP was enacted through legislation (important distinction #1). It's terms for forgiveness were spelled out in not only the bill but in the application process (important distinction #2.)
It was a shite bill and full of fraud and shitty administration, as most things controlled by the government are. But people applied and received the loans with a clear and premeditated path to forgiveness. And it was put into law through the constitutionally required channels.
Posted on 11/11/22 at 12:58 pm to GRTiger
quote:
It's really not. PPP was enacted through legislation (important distinction #1). It's terms for forgiveness were spelled out in not only the bill but in the application process (important distinction #2.) It was a shite bill and full of fraud and shitty administration, as most things controlled by the government are. But people applied and received the loans with a clear and premeditated path to forgiveness. And it was put into law through the constitutionally required channels.
Again, the argument by many in this thread is that if you borrow money, you pay it back. If you took a PPP loan, no one is stopping you from paying it back.
Posted on 11/11/22 at 1:01 pm to TCO
quote:
Again, the argument by many in this thread is that if you borrow money, you pay it back. If you took a PPP loan, no one is stopping you from paying it back.
That's your interpretation of the argument. Actually, it's your intentionally obtuse interpretation of the argument.
PPP recipients followed the terms of the loan agreement. Student loan recipients are looking for retroactive changes, sometimes to decades old agreements, just because. It's an asinine comparison and interpretation of the argument.
Posted on 11/11/22 at 1:02 pm to GRTiger
quote:
PPP recipients followed the terms of the loan agreemen
It’s still a loan. Pay it back.
Posted on 11/11/22 at 1:05 pm to TCO
Alright. You've reduced yourself to the "nuh uh" part of being wrong. I'm glad I could help clear things up for you. Posted on 11/11/22 at 1:08 pm to TCO
quote:
It’s still a loan. Pay it back.
They either paid it back to the government or skipped the middle man and directly to the employees per the loan contract.
So done.
Posted on 11/11/22 at 1:13 pm to LoneStar23
My real issue with this is it does nothing to fix the problem. Address colleges charging an absurd amount of money for a college degree. All broad forgiveness is going to do is give colleges even more free rein to charge whatever the frick they want.
If you want to help, force colleges to charge what is needed to keep them going. If you want to forgive anything figured out what the cost of a tuition should have costed borrowers, “forgive” the difference from what was charged vs was the cost should have been, then charge universities the difference.
If you want to help, force colleges to charge what is needed to keep them going. If you want to forgive anything figured out what the cost of a tuition should have costed borrowers, “forgive” the difference from what was charged vs was the cost should have been, then charge universities the difference.
This post was edited on 11/11/22 at 1:57 pm
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