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Advisor

Pure genius

legalized stealing http://www.theblaze.com/blog/2014/06/05/elizabeth-warrens-new-plan-a-51-billion-student-loan-bailout...

 

tell your kids not to worry about paying their bills, the govt. will bail them out.

55 Replies
Advisor

Re: Pure genius

I genuinely believe that these populist dribbles that are coming along from various Democrats are being posed in an ordered and calculated manner out of complete certainty that the reactionary right will provide a level of publicity that money could never buy.
Advisor

Re: Pure genius

Maybe you'd like to contribute your crop insurance subsidy.

Senior Advisor

Re: Pure genius


@bruce MN wrote:
I genuinely believe that these populist dribbles that are coming along from various Democrats are being posed in an ordered and calculated manner out of complete certainty that the reactionary right will provide a level of publicity that money could never buy.

You win elections by giving out more free stuff than your opponent. The big winner here are the colleges. They are being paid back for all of their political contributions.

Veteran Advisor

Re: Pure genius

The colleges paid out the student loans??? Apparently, along with no military service, you never had a student loan either!!!
Senior Advisor

Re: Pure genius


@schnurrbart wrote:
The colleges paid out the student loans??? Apparently, along with no military service, you never had a student loan either!!!

The colleges charges unaffordable tuition rates. The students take out government loans to pay those tuitions. The students can then not afford to repay the loans. The government forgives the loan. So the money went straight from the government to the colleges in the form of high, unaffordable tuitions.

Senior Contributor

Re: Pure genius

While tuition may indeed be too high in general, you are flat out WRONG about one key thing. The government nor any loaning institution EVER forgives student loans. In addition, there is no default clause for student loans. Someone with a student loan can file for bankrupcy, but guess what? That is not applicable to the student loan. You will not be able to prove otherwise because I know what I am saying. There is no forgiveness for student loans short of death or some horrible disfigurement.

 

I have to question your motovations for this false information and as usual, exaggerations. Why do you always do this? Is it that you never look into anything or are you just always sure your assumptions are right?

 

Don't you care about truth at all? You need to stick to disagreeing with taxes and tuition rates. The rest of what you say is pure, the most very pure, BS.

Senior Advisor

Re: Pure genius


@KNAPPer wrote:

While tuition may indeed be too high in general, you are flat out WRONG about one key thing. The government nor any loaning institution EVER forgives student loans. In addition, there is no default clause for student loans. Someone with a student loan can file for bankrupcy, but guess what? That is not applicable to the student loan. You will not be able to prove otherwise because I know what I am saying. There is no forgiveness for student loans short of death or some horrible disfigurement.

 

I have to question your motovations for this false information and as usual, exaggerations. Why do you always do this? Is it that you never look into anything or are you just always sure your assumptions are right?

 

Don't you care about truth at all? You need to stick to disagreeing with taxes and tuition rates. The rest of what you say is pure, the most very pure, BS.


I never said anything about writing off the loan. I said the colleges are the big winners. This keeps tuitions affordable. If the students can't pay back the loans and default, the banks would have lost money, except now the loans are backed by Almighty Big Government. If the banks had to eat the 51 billion, they would not write as many loans, the student could not afford the tuition and the tuitions would be lowered. But again you resort to another personal attack.

 

snip-

Sen. Elizabeth Warren (D-Mass.) is pushing legislation that would spend $51 billion over the next decade bailing out people who have trouble paying down their student loans, and offsetting that cost by raising taxes on high-income earners

Senior Contributor

Re: Pure genius

Like crop ins steal money to pay premiums steal money to pay losses.  That is legalized stealing also.

Senior Advisor

Re: Pure genius


@hobbyfarm2145365 wrote:

Like crop ins steal money to pay premiums steal money to pay losses.  That is legalized stealing also.


That is stateist socialism. The winner is picked by the state.