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re: Trending on twitter: "I'm so happy for loser student loan borrowers"

Posted on 8/27/22 at 4:00 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
58294 posts
Posted on 8/27/22 at 4:00 pm to
quote:

Do you need to pay your friends bills to express happiness for them?
Being generous with someone else's money... is not charity. Nor virtue. So yes.

quote:

Do you need to send an extra check to the IRS if you think tax brackets should be higher?
Yes. Unless you want to be a hypocrite. Nothing prevents one from paying more taxes. Wanting to force others to pay more taxes is not charity. Nor virtue.
Posted by East Coast Band
Member since Nov 2010
63943 posts
Posted on 8/27/22 at 4:03 pm to
The bots would be programmed to say the exact opposite had Trump forgiven student loans.
Posted by Taxing Authority
Houston
Member since Feb 2010
58294 posts
Posted on 8/27/22 at 4:03 pm to
quote:

This is just consensus building bullshite. It’s propaganda to convince the lemmings on the fence that all the ‘good people’ are excited for their friends.
Absolutely. It's interesting as hell watching the ground-level propaganda spread in real time. It's exactly why The Right is crazy to completely avoid Twitter. Until they bring the fight to the venue, they will continue lose.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/27/22 at 4:03 pm to
If ya wanna know I voted Trunp last election but like I said, it's not like I'm going to deny 20k loan forgiveness. I find it funny people bashing those receiving it when like most things it's a small percentage that advocated for it.


You can also search my post history on this board
This post was edited on 8/27/22 at 4:04 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
58294 posts
Posted on 8/27/22 at 4:04 pm to
quote:

I find it funny people bashing those receiving it when like most things it's a small percentage that advocated for it.
Moral relativism sucks. Mooching is wrong, even in small amounts.
Posted by Bass Tiger
Member since Oct 2014
48309 posts
Posted on 8/27/22 at 4:05 pm to
quote:

Bots


Precisely…..at least the vast majority of that BS is bots.
Posted by Taxing Authority
Houston
Member since Feb 2010
58294 posts
Posted on 8/27/22 at 4:06 pm to
quote:

The bots would be programmed to say the exact opposite had Trump forgiven student loans.
Most of the ones I'm seeing are real people repeating the same line. Granted, they aren't much deeper than bots. But the psy-op propaganda disguised as virtue signaling olympics is interesting as hell to me.

Bernays would be splooging all over his compter screen if he were here to see it.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/27/22 at 4:06 pm to
So did you deny the covid relief funds? Would you deny a PPP? Would you dent loan forgiveness on basis of your moral grounds?
Posted by Taxing Authority
Houston
Member since Feb 2010
58294 posts
Posted on 8/27/22 at 4:09 pm to
quote:

So did you deny the covid relief funds? Would you deny a PPP?
We've been over this like 500 times. Those fund 1/ didn't go to the borrower for their personal expenses. 2/ they were never intended to be paid back.

quote:

Would you dent loan forgiveness on basis of your moral grounds?
Do you think people should give back what they took, after they promised to return it? I do.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/27/22 at 4:12 pm to
Cool we not talk what morally should be done, we are saying if the government came and approved a loan to forgive a percentage of any loan you have, you would dent it?


That's the basis of this because I didn't vote for it, I di t agree with it, the government just did it so of course I'm going to accept it. Just like I accepted those covid loans that I knew would be paid back one way or another.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
20177 posts
Posted on 8/27/22 at 4:16 pm to

Support for Marxism from diehard Marxists.

I’d bet that those are people who don’t pay much, if anything, in fed taxes.
Posted by Taxing Authority
Houston
Member since Feb 2010
58294 posts
Posted on 8/27/22 at 4:26 pm to
quote:

Cool we not talk what morally should be done, we are saying if the government came and approved a loan to forgive a percentage of any loan you have, you would dent it?
Nope. But that's a cool strawman you made up there.

quote:

That's the basis of this because I didn't vote for it, I di t agree with it, the government just did it so of course I'm going to accept it. Just like I accepted those covid loans that I knew would be paid back one way or another.
I get it. You have no expectation for people to have basic morals. Cool.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/27/22 at 4:32 pm to



You acting like you wouldn't accept it if it was thrown your way
Posted by I20goon
about 7mi down a dirt road
Member since Aug 2013
14962 posts
Posted on 8/27/22 at 4:37 pm to
Well... I've been thinking about this.

YES- this is a vote buying scheme. But remember, after they get that vote the screw you every time... usually for their own personal benefit.

So what's the catch and where's the trigger; how many lbs pull is that trigger? The trigger is obvious: $10k is very likely below the total balance for the vast majority of debt holders. So they aren't wiping out most holders debt... they are enrolling you into a program.

So things to watch for all ye who getting bought:

- some fine print that allows the debt holder to significantly increase the interest rate on the remaining balance. They know there will be debt remaining.

- Those interest rate hikes are probably on an accelerated schedule at a multiplier of FedPrime, PPI, or CPI. For example, Fed rate goes up 0.5, yours goes up 0.6 (20% over). Fed goes up 1.0, yours goes up 1.4 (40% over). They know the rate and inflationary enviroment they've incurred.

- Fees. Who would pass up a $350 (for example) fee for 10k in forgiveness? No one. But it'll be yearly (or monthly??) until you pay off the balance to be "enrolled" in the program. Guess what, it will also be added to the balance and the inflated and accelerated interest charged on it.

- they'll require periodic enrollment or paperwork submissions to "keep" your 10k waiver because it is likely "held" until the balance is paid off with an expiration date. Don't pay off balance by X date, it comes back. AND, if you don't "re-enroll" it comes back. At which time fees will be reapplied.

Posted by Jake88
Member since Apr 2005
70821 posts
Posted on 8/27/22 at 4:43 pm to
quote:

Do you need to send an extra check to the IRS if you think tax brackets should be higher?
Yes you should. But we all know leftists like yourself are leeches and wint send anything extra in, just demand others pay more.
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
44052 posts
Posted on 8/27/22 at 5:25 pm to
it's not like I'm going to fricking decline it. It isn't my choice at all so I'm not worried about how you feel either...

/\ useful idiot /\
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
44052 posts
Posted on 8/27/22 at 5:27 pm to
I hope all that is true - in spades - and vigorously enforced.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/27/22 at 5:32 pm to
Awwwww so you would call and say, "hey look I don't want any of my student loan forgiven, it's against my principle"
This post was edited on 8/27/22 at 5:34 pm
Posted by Vandergriff
Member since Nov 2020
1171 posts
Posted on 8/27/22 at 5:33 pm to
This has neither been approved or passed. It's a proposal. Using the Heroes Act to pass this is likely unconstitutional and will be challenged in congress and the courts.

This is, at this moment, a carrot to get votes in the midterms.

Nothing is official yet at all.
Posted by Pooturd
Knoxville
Member since Mar 2020
1258 posts
Posted on 8/27/22 at 5:38 pm to
quote:

You are also paying for everything else I mentioned.... how do you feel about that? Like I said, I've been paying mine and finally the government wants to do something that actually benefits me in the slightest, it's not like I'm going to fricking decline it. It isn't my choice at all so I'm not worried about how you feel either....


Ignore the downvotes because this is really the only intelligent opinion on the subject. I’m fricked no matter what, least I don’t have to pay my loans now can’t imagine having been making monthly payments this whole time
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