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Message

re: Elizabeth Warren has the biggest free college plan yet

Posted on 4/22/19 at 11:44 am to
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17066 posts
Posted on 4/22/19 at 11:44 am to
quote:

Guys, we gotta wake up to this fact (no matter how shitty it is) that people will vote on this item ALONE.


Exactly. Other candidates will start to embrace this idea because it can provide a needed push from a highly desired demographic. If the push gets strong enough then even Trump may have to weigh in on this during reelection.

I fully expect this to happen at some point.
Posted by roadGator
Member since Feb 2009
140740 posts
Posted on 4/22/19 at 11:48 am to
Class action suit to have evsryone yhat paid off their debt get paid for being responsible.

We reward the dumbest shite.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11196 posts
Posted on 4/22/19 at 11:52 am to


quote:

Warren’s tax plan would put an annual 2 percent tax on wealth above $50 million and an additional 1 percent tax on wealth above $1 billion.



This has been deemed unconstitutional. This wretched human being needs to go hide in her native burial grounds.
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 4/22/19 at 11:54 am to
Not only are you fricked, you’re part of the problem.
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29179 posts
Posted on 4/22/19 at 11:54 am to
The banks got a fricking bailout. I know two wrongs don't make a right, but still, it does anger me that we privatize gains, and socialized losses on such a wide scale.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 4/22/19 at 11:58 am to
quote:

an additional 1 percent tax on wealth above $1 billion.

This is a huge distinction. This isn't income, it's wealth. If you have a billion dollars of net worth, you have to pay an annual tax of $100 million.
This post was edited on 4/22/19 at 12:01 pm
Posted by iron banks
Destrehan
Member since Jul 2014
3764 posts
Posted on 4/22/19 at 11:58 am to
If this is the case then tax these schools that tricked over their students with outrageous tuition and FEES because of the easy government money to be had. I paid off my loans and it sucked but I did it. Same here for this generation.
Posted by vl100butch
Ridgeland, MS
Member since Sep 2005
34680 posts
Posted on 4/22/19 at 12:04 pm to
you want to do something that makes sense....tie off paying off student loans to military or other public service...
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29179 posts
Posted on 4/22/19 at 12:06 pm to
quote:

If this is the case then tax these schools that tricked over their students with outrageous tuition and FEES because of the easy government money to be had. I paid off my loans and it sucked but I did it. Same here for this generation.




Same. I paid off a frick ton of debt and I'm proud of myself. That doesn't mean I don't think it's bullshite that the banks privatized gain and socialized losses, and that if I had to choose between a bailout between the banks and private citizens, I would have chosen private citizens.

I realize the conditions of a hypothetical bailout aren't apples to apples, but I don't think the crazy socialists like Warren are making a completely misplaced argument.
Posted by CamdenTiger
Member since Aug 2009
62544 posts
Posted on 4/22/19 at 12:08 pm to
Don’t worry, she’s not even in the running, even with all her giveaways and impeached shite....
This post was edited on 4/22/19 at 12:37 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
57393 posts
Posted on 4/22/19 at 12:09 pm to
quote:

Warren’s tax plan would put an annual 2 percent tax on wealth above $50 million and an additional 1 percent tax on wealth above $1 billion.


I still don't get it. If college is such a great "investment" why can't graduates pay for it?

In realty it was a TERRIBLE investment. If I make a bad investment know what I do? Stop buying it. The idea we should throw MORE money away on bad investments is silly. Even worse is taking money from successful people to do it.
Posted by Taxing Authority
Houston
Member since Feb 2010
57393 posts
Posted on 4/22/19 at 12:11 pm to
quote:

Those of us who paid back student loans are getting, what in this deal?
A good f*ckin over.
Posted by Taxing Authority
Houston
Member since Feb 2010
57393 posts
Posted on 4/22/19 at 12:12 pm to
quote:

The interest rate alone on these loans is criminal.
Nope. The borrower agreed to it. The could have said "no." every. single. one. of them.
This post was edited on 4/22/19 at 12:13 pm
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 4/22/19 at 12:16 pm to
quote:



I realize the conditions of a hypothetical bailout aren't apples to apples, but I don't think the crazy socialists like Warren are making a completely misplaced argument.


Actually, they are. Government takeover of student loans has caused college prices to soar dramatically. Her plan will on cause price inflation to go into overdrive.
Posted by dj30
New Orleans
Member since Feb 2006
28735 posts
Posted on 4/22/19 at 12:17 pm to
Sounds good to me.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11196 posts
Posted on 4/22/19 at 12:18 pm to
I was thinking he meant that the rates are way too low for lenders considering the counterparty risk is so high
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40232 posts
Posted on 4/22/19 at 12:22 pm to
quote:

Taxing Authority



I don't disagree with anything you are saying, however, you are one vote and well there's a rather large population wanting this kinda legislation. I still want Trump to be left in the WH come 2020.

Posted by Taxing Authority
Houston
Member since Feb 2010
57393 posts
Posted on 4/22/19 at 12:22 pm to
quote:

I was thinking he meant that the rates are way too low for lenders considering the counterparty risk is so high
That would be an easy argument to make.
Posted by Taxing Authority
Houston
Member since Feb 2010
57393 posts
Posted on 4/22/19 at 12:25 pm to
quote:

I don't disagree with anything you are saying, however, you are one vote and well there's a rather large population wanting this kinda legislation. I still want Trump to be left in the WH come 2020.
This is silly. You don't "win" anything if you adopt your opponents position. The idea that republicans and conservatives must "lose" in order to "win" is stupid. It's how their ideas have become so deeply buried.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40232 posts
Posted on 4/22/19 at 12:26 pm to
quote:

This is silly. You don't "win" anything if you adopt your opponents position. The idea that republicans and conservatives must "lose" in order to "win" is stupid. It's how their ideas have become so deeply buried.


Dude this issue is more than likely priority numero uno for ALL Millenials.

You are a fool if you think this is something that could not decide an election.
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