Another $7.7 Billion to Buy Votes for Democrats

7,369 Views | 105 Replies | Last: 1 yr ago by Teslag
Tex117
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Teslag said:

Why do you never ask why people can't do a little rudimentary research on this issue before weighing in?
You know the answer to that, Teslag.

They have a closely held belief and narrative of what's all going on, and there is no interest to challenge with that.

nortex97
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We are adding a trillion dollars in debt every 100 days.

The Biden regime has zero respect for the courts, and too many in the GOP are feckless about their oaths. There's no excusing/hand-waiving any of this as 'well that's fine.'
Teslag
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geoag58 said:

Teslag said:

I get that, and might even agree. So answer the question. Should the government honor the commitment it made to borrowers under the law?


If it is a law that terminates the loans for the boondoggle you referenced No!

How much and who pays you to post. If you are a patriot you will answer this truthfully.



So you believe a lender should just change the terms of a loan program because they no longer like them at maturity?
Teslag
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nortex97 said:

We are adding a trillion dollars in debt every 100 days.

The Biden regime has zero respect for the courts, and too many in the GOP are feckless about their oaths. There's no excusing/hand-waiving any of this as 'well that's fine.'

Which court ruled on the PSLF being illegal?
geoag58
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Teslag said:

geoag58 said:

Teslag said:

I get that, and might even agree. So answer the question. Should the government honor the commitment it made to borrowers under the law?


If it is a law that terminates the loans for the boondoggle you referenced No!

How much and who pays you to post. If you are a patriot you will answer this truthfully.



So you believe a lender should just change the terms of a loan program because they no longer like them at maturity?


Serious question, who pays you and how much do they pay you?


The government changed the conditions once they can change them again. We are no longer a nation of rule of laws we are a nation of rule by the whims of whoever holds the reigns of power.
Fight against the dictatorship of the federal bureaucracy!
Teslag
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No one pays me. Who pays you?

I believe in governments and lenders honoring terms of their deals. You don't. Not much more to say.
Teslag
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Quote:

The government changed the conditions once they can change them again.

What conditions did the government change?
geoag58
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Teslag said:


Quote:

The government changed the conditions once they can change them again.

What conditions did the government change?


If I borrow money from a bank with an agreement to repay the loan with money in monthly installments and sometime later the bank tells me that I can do public service work and the loan is forgiven, did the terms of the loan change?
Fight against the dictatorship of the federal bureaucracy!
Teslag
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But it wasn't "later". This law has been around for 20 years and the borrowers took the loans out under the program as it existed. Nothing "changed". The terms of public service existed when they took out the loan.

You're the one that wants the terms changed, not the borrower.
geoag58
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Teslag said:

But it wasn't "later". This law has been around for 20 years and the borrowers took the loans out under the program as it existed. Nothing "changed". The terms of public service existed when they took out the loan.

You're the one that wants the terms changed, not the borrower.


Then why were the libtarded students crying that they couldn't afford to repay the loans if they were never going to have to repay in cash but instead were going to do service work to repay the loans?

Why don't you provide the details of the loans because that doesn't sound true.
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Teslag
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Many of the people whining and crying were not employed in pubic service, or at all. Which is why Biden tried broad based loan forgiveness under the Heroes Act which the court did and should have struck down.

PSLF is directed to people who work, have jobs, and make payments. The government made a deal with them and it's being honored. As it should. Biden is just trying to take credit for a program a Republican president signed in to law.
geoag58
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Teslag said:

Many of the people whining and crying were not employed in pubic service, or at all. Which is why Biden tried broad based loan forgiveness under the Heroes Act which the court did and should have struck down.

PSLF is directed to people who work, have jobs, and make payments. The government made a deal with them and it's being honored. As it should. Biden is just trying to take credit for a program a Republican president signed in to law.


When you say public service you mean government sector jobs?

If that is true then you are saying government gave government employees a sweetheart deal that the private sector is excluded from. Sounds like a typical governmenrmt boondoggle with a large portion of conflict of interest thrown in where the taxpayer got screwed again.
Fight against the dictatorship of the federal bureaucracy!
Ellis Wyatt
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geoag58 said:

Teslag said:

Many of the people whining and crying were not employed in pubic service, or at all. Which is why Biden tried broad based loan forgiveness under the Heroes Act which the court did and should have struck down.

PSLF is directed to people who work, have jobs, and make payments. The government made a deal with them and it's being honored. As it should. Biden is just trying to take credit for a program a Republican president signed in to law.


When you say public service you mean government sector jobs?

If that is true then you are saying government gave government employees a sweetheart deal that the private sector is excluded from. Sounds like a typical governmenrmt boondoggle with a large portion of conflict of interest thrown in where the taxpayer got screwed again.
It is theft. They make more money, have better job security, better benefits, and better retirements than the people who are paying them.
Teslag
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You do realize these are available to all public service jobs right? Even school teachers and the janitor that cleans their classroom.
geoag58
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Teslag said:

You do realize these are available to all public service jobs right? Even school teachers and the janitor that cleans their classroom.


The taxpayer got screwed....twice!
Fight against the dictatorship of the federal bureaucracy!
American Hardwood
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Teslag said:

But it wasn't "later". This law has been around for 20 years and the borrowers took the loans out under the program as it existed. Nothing "changed". The terms of public service existed when they took out the loan.

You're the one that wants the terms changed, not the borrower.
Quote:

The Biden administration has taken several actions to clear student debt, including securing a $900 increase to the maximum Pell Grant and finalizing new rules to protect borrowers from "career programs that leave graduates with unaffordable debts or insufficient earnings."

"Today's announcement comes on top of the significant progress we've made for students and borrowers over the past three years," Biden said in a statement. "That includes providing the largest increases to the maximum Pell Grant in over a decade; fixing Public Service Loan Forgiveness so teachers, nurses, police officers, and other public service workers get the relief they are entitled to under the law; and holding colleges accountable for taking advantage of students and families. And last month, I laid out my Administration's new plans that would cancel student debt for more than 30 million Americans when combined with everything we've done so far."
That's from the article. What are all of these "fixes" if not a change to the terms of the deal? The government changes the terms of the deal all the time. How about this one for example:

Keystone XL pipeline

Teslag
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There was a lot of bureaucratic red tape in PSLF that made it almost impossible for many people to claim the forgiveness and the Obama administration completely dropped the ball on it and broke the program. Some of the fixes for it actually started under Trump.
American Hardwood
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So they changed the terms of the deal. Got it.
Teslag
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No. They made possible to honor the deal. Congress passed a law. It was up to the Executive to enforce and carry out. They failed and it was later fixed.
TexasAggiesWin
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n/m not worth the battle.

At some point we have to see what these are, bailouts for the institutions who hand out loans without any care or concern
Four Seasons Landscaping
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Quote:

When you say public service you mean government sector jobs?
Teachers and soldiers say hi.
American Hardwood
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So these students entered into a broken bad deal and now expect the government to change the deal to "fix". Your argument that this was done twenty years ago and the government can't change the deal, but they did and now you are defending it. I'm done with you.
AggieMac06
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What is the recourse here? Do you retroactively go back and say "actually you still owe this money" since the forgiveness isn't legal??
agracer
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Teslag said:

Why do you never ask why people can't do a little rudimentary research on this issue before weighing in?
I have, almost every time one of these gets posted.
agracer
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Four Seasons Landscaping said:

Speaking of leaving information out, why do you tink the PSLF is lumped in with SAVE in the original article and thread title?
I don't know, I didn't write the article, nor the OP.
Teslag
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American Hardwood said:

So these students entered into a broken bad deal and now expect the government to change the deal to "fix". Your argument that this was done twenty years ago and the government can't change the deal, but they did and now you are defending it. I'm done with you.


Again, they didn't change the deal. They honored it as it should have been done day 1.

Do you want government to carry out laws or not?
Teslag
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I Like Mike said:

What is the recourse here? Do you retroactively go back and say "actually you still owe this money" since the forgiveness isn't legal??


The forgiveness is legal.
Ellis Wyatt
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Teslag said:

You do realize these are available to all public service jobs right? Even school teachers and the janitor that cleans their classroom.
You do realize most taxpayers don't get those benefits, right?
Teslag
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Of course. But if they had a problem with it they'd push for repeal.
Four Seasons Landscaping
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It was to add the 5.2 billion to the number to make it seem like this is all part of the same thing, even though it's not, and the programs are dramatically different.

Sorry, I was being rhetorical, thought it was obvious.
Rockdoc
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Buying votes by forgiving debt. What scum.
geoag58
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You don't get ninety-five percent of government employees in DC to support dimtards by making them pay their loans back.
Fight against the dictatorship of the federal bureaucracy!
peacedude
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peacedude said:

If I had only told the gov't to go EFF itself, and thrown that $35,000 student loan payoff check into Apple stock in 2012...I'd be sitting on well over $350,000 right now (and probably more like $500K+ since the stock has had a few splits since then).

Silly/stupid me.
Whoa, I just heard KJP's interaction with a reporter today, and it's a real nut crusher. I had no clue that the amount they're forgiving is...

...$35,000.

/FU Pedo Pete!
ts5641
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All the dimwit philosophy grads approve.
Four Seasons Landscaping
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Quote:

All the dimwit philosophy grads approve.
The 67% of this related to the PSLF has more to do with teachers, police, and soldiers who have already made the equivalent of ten years of loan payments than "dimwit philosophy majors"
 
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