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Message
re: Supreme Court strikes down student loan forgiveness plan as unlawful
Posted on 6/30/23 at 3:11 pm to Antonio Moss
Posted on 6/30/23 at 3:11 pm to Antonio Moss
quote:
If the rate of interest is lower than the rate of inflation then the government (i.e. taxpayers) is losing money. I do agree that the interest rates should remain as low as possible - just not zero.
Agreed on 0% rates. IF the federal government just has to remain involved (which I opposed completely), they need to peg the max interest rate to the fed funds rate.
IF fedgov is going to be giving/guaranteeing the loans, ostensibly to aid people getting an education and not saddling them with crippling debt, they should not be charging 7-10% interest rates.
This post was edited on 6/30/23 at 3:12 pm
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Posted on 6/30/23 at 3:20 pm to Dam Guide
quote:
Well Tennessee decided a few years ago going communist was a good thing and we just started giving 2 years free college for any adult that has never attended colllege to go to a community college. It’s a good program and we appreciate it.
Two years at a community college to prove youre worthy isnt what this topic is covering at all.
Posted on 6/30/23 at 4:09 pm to FriscoTiger1973
quote:
This decision will guarantee Biden’s reelection. The Democrats will get the youth vote with this and the Roe v Wade reversal.
It was a political ploy from the start, and I don’t doubt that youths with their still developing brains will fall for it just like the trans crap.
A sign of the political motive with 18 to 25 year olds was allowing forgiveness with students still in college. Students (starting with sophomores I think) who hadn’t had to start paying back loans yet due to still being full time students were included in the blanket forgiveness.
It was set up to get challenged, to fail, and to use politically.
That most of the media and 3 Supreme Court justices (including the woman who can’t define a woman) went along with Biden should scare any adult that’s not a leftist hack to vote to remove Democrats even if that means you have to vote for someone in 2024 that you don’t like personally.
Posted on 6/30/23 at 4:44 pm to dallastigers
I'm okay with this decision. I do think it's strange that an 18 year old can sign up for life-changing amounts of debt that may follow them forever, but can't buy a pack of cigarettes though. I probably fall more along the lines of making 18 the threshold for everything.
However, if you're cheering this on and have no issue with how the PPP loan forgiveness went down, you're a hypocrite plain and simple. The only difference is who the free money went to.
However, if you're cheering this on and have no issue with how the PPP loan forgiveness went down, you're a hypocrite plain and simple. The only difference is who the free money went to.
Posted on 6/30/23 at 4:44 pm to FriscoTiger1973
quote:
This decision will guarantee Biden’s reelection. The Democrats will get the youth vote with this and the Roe v Wade reversal.
So legally and morally correct decisions should not be rendered because of fear of reprisal?
If that’s the case, then why not just give the leftist the authoritarian government they so longingly crave?
Posted on 6/30/23 at 4:46 pm to LSUsuperfresh
quote:
However, if you're cheering this on and have no issue with how the PPP loan forgiveness went down, you're a hypocrite plain and simple. The only difference is who the free money went to.
Only if you completely ignore the fact that PPP loans only existed because the government unconstitutionally forced businesses to shutdown and employees to go without the ability to earn wages.
So, in other words, the two have nothing to do with one another.
Posted on 6/30/23 at 5:03 pm to Major Dutch Schaefer
Go to college=pay your money!
Posted on 6/30/23 at 5:09 pm to dallastigers
quote:in my honest opinion this should be grounds for immediate removal from the court. This was very obviously unconstitutional from the start. There shouldn’t have even been a debate. A justices role isn’t to play politics, it’s to determine the legality of something. I get some things are murky but this was incredibly clear.
3 Supreme Court justices
Posted on 6/30/23 at 5:22 pm to LSUsuperfresh
Way more PPP fraud and somehow there aren’t near enough people clamoring about this.
PPP is why inflation on consumer goods got out of control.
Legality of the student loan forgiveness was dubious as best and PPP was legal, but from a strictly moral standpoint, PPP was legal fleecing of the American public.
PPP is why inflation on consumer goods got out of control.
Legality of the student loan forgiveness was dubious as best and PPP was legal, but from a strictly moral standpoint, PPP was legal fleecing of the American public.
Posted on 6/30/23 at 5:24 pm to LSUsuperfresh
quote:
However, if you're cheering this on and have no issue with how the PPP loan forgiveness went down, you're a hypocrite plain and simple. The only difference is who the free money went to.
Forcing one's business to close is definitely the same as willingly taking a loan to go to a college you don't need
Posted on 6/30/23 at 5:32 pm to Deactived
quote:
Forcing one's business to close is definitely the same as willingly taking a loan to go to a college you don't need
Your business being forced to close was not a requirement for PPP loans / forgiveness. You could have had an entirely online business that thrived and still were eligible as long as you didn't lay anyone off.
Glad we could sort out this misconception you had.
Posted on 6/30/23 at 5:49 pm to 1MileTiger
quote:
The cost of a 4th of July cookout is $10,000 more expensive compared to last year.
Boom
Posted on 6/30/23 at 5:51 pm to Deactived
quote:
Forcing one's business to close is definitely the same as willingly taking a loan to go to a college you don't need
Given what we now know about the PPP program it is a fricking joke anyone could say this with a straight face.
And I have no problem with SL forgiveness being shot down.
This post was edited on 6/30/23 at 5:52 pm
Posted on 6/30/23 at 5:58 pm to LSUsuperfresh
quote:
However, if you're cheering this on and have no issue with how the PPP loan forgiveness went down, you're a hypocrite plain and simple. The only difference is who the free money went to.
One is only a hypocrite in your example if they supported PPP loan forgiveness that wasn’t written into the law and was just made up by an executive decree.
Posted on 6/30/23 at 6:02 pm to dallastigers
quote:
One is only a hypocrite in your example if they supported PPP loan forgiveness that wasn’t written into the law and was just made up by an executive decree.
I'm speaking towards all the "they borrowed the money so they should have to pay it back!" contingency. The principles are similar even if the inner mechanisms were different.
Posted on 6/30/23 at 6:12 pm to dawgfan24348
quote:
You know what I personally think the college system is fricked with how expensive it is and loans should be forgiven with that being said I would be far less pissed off if we didn’t just have the loans of a bunch of politicians and millionaires forgiven. A little consistency would be nice, either both loan forgiveness plans are fine or neither are
Holy run-on sentence. You sound retarded, hope you didn’t waste your money going to college. The world needs ditch diggers and that’s ok
Posted on 6/30/23 at 6:19 pm to Bourre
These Serfs deserve everything that is coming to them...
Posted on 6/30/23 at 6:19 pm to TutHillTiger
quote:
With abortion illegal we will of course be 60% or more poor Hispanics and Blacks within 20 years so we will have our own issues to worry about like rapid crime, and anarchy.
Posted on 6/30/23 at 6:24 pm to FriscoTiger1973
quote:
will get the youth vote
My man, they either aren't voting or were already voting for Biden.
Posted on 6/30/23 at 6:25 pm to TutHillTiger
quote:
Republicans don’t give a duck about education and never have, the whole power base in the Southern States depends on keeping people stupid and always have. Half the post on this site prove my point, and my family has been Southern GOP for over 100 years. Initially it was just fear of educating black people but over time we just decided that our best move was that the general population be as stupid and gullible as possible, which has served us well for 50 years or so now.
They worry about gay marriage and drag queens and stupid shite like that, while we pass laws to make sure they stay stupid and poor and line our pockets and our friends pockets with everything we can steal
Look at this melt!!!! fricking delicious. This is what I came here to see. I bet you were furiously typing with your limp wrist and blue hair. Love it
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