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Message

re: Supreme Court strikes down student loan forgiveness plan as unlawful

Posted on 6/30/23 at 6:28 pm to
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71600 posts
Posted on 6/30/23 at 6:28 pm to
quote:

PPP is why inflation on consumer goods got out of control.



Lol. Yeah, that's what did it.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71600 posts
Posted on 6/30/23 at 6:30 pm to
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


Now this is a melt. I hate the conservative right too, but fricking comical you're arguing they line their friends pockets when most CEOs of Fortune 500 donate to and identify as Dems. Your argument is trash.
This post was edited on 6/30/23 at 6:31 pm
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63382 posts
Posted on 6/30/23 at 6:31 pm to
quote:

This decision will guarantee Biden’s reelection.


Yes, it will be his reward for making his young believers look like idiots. I wish I was trashy enough to be a shameless progressive.
Posted by FriscoTiger1973
Frisco, Texas
Member since Jan 2012
1414 posts
Posted on 6/30/23 at 6:42 pm to
The decision will be exploited along with the Roe reversal to fire them up to vote. There were a lot of new, young female voters registered after the Roe decision. We were told by pollsters that abortion was not a top concern of voters, turns out that was wrong in 2022. All I am saying is that the decision works out better for Biden than if it was upheld.
Posted by dallastigers
Member since Dec 2003
5763 posts
Posted on 6/30/23 at 6:44 pm to
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.


Abortion promoters are blackphobic and latinophobic. Planned parenthood was started by someone who supported the sterilization of those they considered to be undesirable. Tolerance through sterilization and abortion.
Posted by Bourre
Da Parish
Member since Nov 2012
20321 posts
Posted on 6/30/23 at 6:53 pm to
quote:

Just want to play devils advocate since I don’t really care either way. But what’s your stance on child tax credits or child dependents as write offs?


Did the legislature vote and pass this tax credits or was it done by an authoritarian executive with a pen? If democrats wanted student debt relief, they could have worked to pass it when they had both the House and Senate. But they didn’t and now ask yourself why?
Posted by Eighteen
Member since Dec 2006
34066 posts
Posted on 6/30/23 at 7:06 pm to
quote:

Did the legislature vote and pass this tax credits or was it done by an authoritarian executive with a pen? If democrats wanted student debt relief, they could have worked to pass it when they had both the House and Senate. But they didn’t and now ask yourself why?


Answer

quote:

the President will also make “crystal clear” to student loan borrowers that “Republicans are responsible for denying them the relief that President Biden has been fighting to get to them,” according to the source.


Posted by dallastigers
Member since Dec 2003
5763 posts
Posted on 6/30/23 at 7:21 pm to
quote:

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.


One borrowed knowing from the start that they would have to pay it back plus interest, and one borrowed knowing from the start that if they met the law’s requirements of keeping employees paid through shutdown they could get loan forgiven.

One has been a fairly standard process for decades, and one was temporary in response to a pandemic and govt shutdowns.

It’s not the same principle. The fraud that happened with PPP doesn’t change that.

Posted by Macfly
BR & DS
Member since Jan 2016
8153 posts
Posted on 6/30/23 at 7:24 pm to
It's right. You obtain the loan, you pay it back.
Nobody should have to pony up money to pay for somebody's debt.
Our government is doing a great job bilking us from our hard-earned dough.
Posted by Martini
Near Athens
Member since Mar 2005
48877 posts
Posted on 6/30/23 at 7:33 pm to
quote:

Classic right wing frick the common man response. Forgiving student loans allows all those people to spend more money pumping it back into the economy. If you’re actually worried about your money helping out people I can assure you your tax money goes to far worse stuff than this


How about the government forgive my mortgage?
Posted by Ohiotigerfan
South of I-10
Member since Oct 2004
1272 posts
Posted on 6/30/23 at 7:33 pm to
If they allowed forgiveness of the loans, I was going to encourage my kids to file for reparations. They paid theirs off on schedule.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71600 posts
Posted on 6/30/23 at 7:34 pm to
quote:

The decision will be exploited along with the Roe reversal to fire them up to vote. There were a lot of new, young female voters registered after the Roe decision. We were told by pollsters that abortion was not a top concern of voters, turns out that was wrong in 2022. All I am saying is that the decision works out better for Biden than if it was upheld.



Abortion is the gun rights of the left. Most people knew this was always going to be the end result of his half baked attempt to buy votes. I would argue this further drives the Hispanic voters towards Republicans.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71600 posts
Posted on 6/30/23 at 7:34 pm to
quote:

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.


So you're arguing something that has nothing to do with the actual decision.
Posted by dallastigers
Member since Dec 2003
5763 posts
Posted on 6/30/23 at 7:40 pm to
quote:

Answer

quote:
quote:

the President will also make “crystal clear” to student loan borrowers that “Republicans are responsible for denying them the relief that President Biden has been fighting to get to them,” according to the source.



It’s more like the President will lie about all of this and leave out that Democrats controlled congress and presidency for over a year and a half by the time of his decree. The press will cover for the lie again, and the ignorant will believe.

Most of these would vote Biden regardless, but the key is motivation to vote or not seek 3rd party candidate.

Biden is not lucid now and can’t make anything crystal clear. The campaign will make it worse.

Unless Democrats work with China on another coronavirus release Biden will not have same excuses to hide and recover during campaign and limit debates. Biden will not make it through debates and campaign in 2024 without showing a lot of dementia, his known bigotry, his hands on approach with certain people, and his sniffing.

Support and enthusiasm from college age will get lower.
This post was edited on 6/30/23 at 7:41 pm
Posted by Ronaldo Burgundiaz
NWA
Member since Jan 2012
6582 posts
Posted on 6/30/23 at 7:48 pm to
“Double student loan debt”







“The interest rate just got 10 points higher”
This post was edited on 6/30/23 at 7:54 pm
Posted by Lima Whiskey
Member since Apr 2013
19475 posts
Posted on 6/30/23 at 8:11 pm to
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.


Going to college, and getting a paper that says you went to college, it doesn't make you any smarter, it certainly doesn't mean you'll make better decisions.


Choosing to educate yourself is a persona virtue, and credit to the people who do so, but it doesn't make you better than anyone else, and doesn't give you the privilege of lecturing anyone else.
This post was edited on 6/30/23 at 8:12 pm
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47561 posts
Posted on 6/30/23 at 8:15 pm to
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



I like your energy and this site is absolutely crawling with subtle racism.

But I have to disagree that the current student loan crisis is rooted in Republicans trying to keep blacks stupid. This is simply a matter of who should pay for student loans. Every one of the people I know affected by this decision is white, including my girlfriend.

If this went to Congress, I think most Republicans would support a compromise like dropping interest rates on student loans to about 1% and lowering minimum payments.
The goal would be to make these loans reasonable to pay off. Currently that isn't the case for millions of Americans.

I'll admit I was shocked by what I learned when comparing what I experienced to LSU graduates around 2010-2016.

I went to LSU from 93-99 and borrowed $28,000 as I couldn't afford a penny of tuition/books/fees. That covered 6 years of full time status at LSU.
In June 1999 I began paying the loan off at 3%.
That was fair and I paid it off in 8 years.

Now you're seeing LSU Graduates in the last 15 years with $50,000+ in loans for the same expenses of tuition,books,fees.
And their interest rate is over 10%.

How's that fair?

ETA: I have Zero sympathy for someone who borrowed $100,000 to get an Art History Degree from Columbia.




This post was edited on 6/30/23 at 8:32 pm
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424712 posts
Posted on 6/30/23 at 8:24 pm to
quote:

Classic right wing frick the common man response


In response to...

quote:

CharlesLSU


Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35606 posts
Posted on 6/30/23 at 8:40 pm to
quote:

I’ve paid all the interest that accumulated and started cutting into principal by continuing to make payments. It also didn’t give me a false sense of having a higher income like some people because I still paid every month



Damn. Could have wiped out all that interest plus a lot more of the principal if you didn't do that.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35606 posts
Posted on 6/30/23 at 8:44 pm to
quote:

An idiot who wasn’t counting his chickens and would be 3 years closer to having his bill paid off.



You'd be more than 3 years closer to having your bill paid off if you saved it instead.


Goddamn do y'all understand math?
This post was edited on 6/30/23 at 8:50 pm
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