• Parade of Horribles

    From Con Reeder, unhyphenated American@21:1/5 to All on Fri Aug 26 12:32:26 2022
    It looks like the Biden strategy is to do a bunch of in-your-face things
    no matter how illegal, stupid, or inappropriate. I assume this is the base turnout model....they have a financial advantage so it might well work.

    The college debt "forgiveness" is as bad as anything comes.

    1. Illegal.
    2. Unfair -- waiters, plumbers, truck drivers and retirees hand out $10,000 to
    Harvard Law grads, among many other poignant vignettes.
    3. Inflationary. Self-explantory except to people doing Democrat math.
    4. Increases cost of college education; this has been ongoing for decades
    as new administrators join colleges to pursue abundant federal money.
    5. Screws future loan recipients because interest rates will go up to
    pay for future risk.

    What's next? Are they trying to flood the zone so that the incredible number
    of terrible Biden policies provide such a target-rich environment that it's hard
    to focus on a central message?

    The Republicans should let the obvious ridiculousness of this crap lie, and focus on
    crime, inflation, and immigration.

    --
    People who want to share their religious views with you
    almost never want you to share yours with them. -- Dave Barry

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  • From RoddyMcCorley@21:1/5 to unhyphenated American on Fri Aug 26 11:32:52 2022
    On 8/26/2022 8:32 AM, Con Reeder, unhyphenated American wrote:
    It looks like the Biden strategy is to do a bunch of in-your-face things
    no matter how illegal, stupid, or inappropriate. I assume this is the base turnout model....they have a financial advantage so it might well work.

    The college debt "forgiveness" is as bad as anything comes.

    1. Illegal.
    2. Unfair -- waiters, plumbers, truck drivers and retirees hand out $10,000 to
    Harvard Law grads, among many other poignant vignettes.
    3. Inflationary. Self-explantory except to people doing Democrat math.
    4. Increases cost of college education; this has been ongoing for decades
    as new administrators join colleges to pursue abundant federal money.
    5. Screws future loan recipients because interest rates will go up to
    pay for future risk.

    What's next? Are they trying to flood the zone so that the incredible number of terrible Biden policies provide such a target-rich environment that it's hard
    to focus on a central message?

    The Republicans should let the obvious ridiculousness of this crap lie, and focus on
    crime, inflation, and immigration.

    1. Illegal: Maybe, we'll see.
    2. Unfair: Well, when one class gets some benefits that others do not
    it's always "unfair." That's life. I'm guessing the Harvard Law grads
    are unlikely to qualify.
    3. Inflationary: Doubtful. It's not like they are getting a $10-20,000
    cash payment. It is just wiping out a fraction of their student
    government loan debt. Average student loan debt is now about $38,000 in
    the US. So they are still going to owe quite a bit.
    4. Increases college costs: Costs are going up with or without debt
    relief. Schools will continue to add programs, personnel and facilities regardless of debt relief. A local, private church-affiliated university
    a few miles from me is adding an engineering program. We have plenty of engineering schools in the area, including a local branch of our primary
    state university.
    5. Screws future loan recipients: How so? Interest rates will rise and
    fall based on what the Fed does.

    The debt relief will not directly impact any of my family. We've all
    repaid our private and government loans. Long ago. But I would like to
    see adequate controls to prevent fraud.

    --
    "In theory, there is no difference between theory and practice. In
    practice, there is." Ruben Goldberg

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  • From Michael Falkner@21:1/5 to unhyphenated American on Fri Aug 26 12:24:52 2022
    On Friday, August 26, 2022 at 5:32:30 AM UTC-7, Con Reeder, unhyphenated American wrote:

    The Republicans should let the obvious ridiculousness of this crap lie, and focus on
    crime, inflation, and immigration.

    Then you need to start shooting.

    The only way you are dealing with any of these three, at this juncture is, quite literally, The Purge.

    Mike

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  • From xyzzy@21:1/5 to RoddyMcCorley on Fri Aug 26 23:50:13 2022
    RoddyMcCorley <Roddy.McCorley@verizon.net> wrote:
    On 8/26/2022 8:32 AM, Con Reeder, unhyphenated American wrote:
    It looks like the Biden strategy is to do a bunch of in-your-face things
    no matter how illegal, stupid, or inappropriate. I assume this is the base >> turnout model....they have a financial advantage so it might well work.

    The college debt "forgiveness" is as bad as anything comes.

    1. Illegal.
    2. Unfair -- waiters, plumbers, truck drivers and retirees hand out $10,000 to
    Harvard Law grads, among many other poignant vignettes.
    3. Inflationary. Self-explantory except to people doing Democrat math.
    4. Increases cost of college education; this has been ongoing for decades
    as new administrators join colleges to pursue abundant federal money.
    5. Screws future loan recipients because interest rates will go up to
    pay for future risk.

    What's next? Are they trying to flood the zone so that the incredible number >> of terrible Biden policies provide such a target-rich environment that it's hard
    to focus on a central message?

    The Republicans should let the obvious ridiculousness of this crap lie, and focus on
    crime, inflation, and immigration.

    1. Illegal: Maybe, we'll see.
    2. Unfair: Well, when one class gets some benefits that others do not
    it's always "unfair." That's life. I'm guessing the Harvard Law grads
    are unlikely to qualify.

    90% of the benefit is going to people making under $75k/yr. Also a lot of
    the people getting this benefit are not college graduates. The people most screwed by student debt are people who have it but for whatever reason
    never got the degree. I bet there are waiters, plumbers, and truck drivers
    in that group.

    Btw the amount of student loan forgiveness is 30% of the amount of forgiven
    PPP loans. I may have missed it but I didn’t see Connie complain about waiters, plumbers, and truck drivers handing out $309,000 to the Daily
    Caller, to cite just one of a zillion examples of people now whining about
    this who said nothing about that, if not directly personally benefiting
    from PPP loan forgiveness.

    3. Inflationary: Doubtful. It's not like they are getting a $10-20,000
    cash payment. It is just wiping out a fraction of their student
    government loan debt. Average student loan debt is now about $38,000 in
    the US. So they are still going to owe quite a bit.

    Plus student loan payments have been paused since early 2020 so any inflationary effect has already happened. This isn’t new cash flow to
    anyone, it’s some people getting to keep part of a cash flow increase they’ve already had for two years. And payments resume for non-forgiven
    debt on Jan 1st, so the net effect is anti-inflationary if that’s defined
    as people overall having less money available.

    4. Increases college costs: Costs are going up with or without debt
    relief. Schools will continue to add programs, personnel and facilities regardless of debt relief. A local, private church-affiliated university
    a few miles from me is adding an engineering program. We have plenty of engineering schools in the area, including a local branch of our primary state university.
    5. Screws future loan recipients: How so? Interest rates will rise and
    fall based on what the Fed does.

    The debt relief will not directly impact any of my family. We've all
    repaid our private and government loans. Long ago. But I would like to
    see adequate controls to prevent fraud.


    I agree that forgiving a portion of student debt, while a good start that
    helps a lot of people, is not going to keep this from happening again. One proposal I saw that I liked is that the colleges should have some skin in
    the game and be partially responsible for the loan guarantees.



    --
    “I usually skip over your posts because of your disguistng, contrarian, liberal personality.” — Altie

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  • From TE@21:1/5 to xyzzy on Fri Aug 26 17:30:53 2022
    On Friday, August 26, 2022 at 7:50:17 PM UTC-4, xyzzy wrote:

    <snip>

    The debt relief will not directly impact any of my family. We've all
    repaid our private and government loans. Long ago. But I would like to
    see adequate controls to prevent fraud.

    I agree that forgiving a portion of student debt, while a good start that helps a lot of people, is not going to keep this from happening again. One proposal I saw that I liked is that the colleges should have some skin in
    the game and be partially responsible for the loan guarantees.

    If the goal was to aid struggling families, and the money had to be spent, they could
    have just sent a $10K check to stressed families. But that wasn't the goal. College
    admins and profs are a core constituency for the Dems, and they had to get their
    piece of the action.

    I believe most folks understand that, like "The Inflation Reduction Act," this was a
    payoff.

    -TE

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From m syadoz@21:1/5 to unhyphenated American on Fri Aug 26 17:47:20 2022
    On Friday, August 26, 2022 at 7:32:30 AM UTC-5, Con Reeder, unhyphenated American wrote:
    It looks like the Biden strategy is to do a bunch of in-your-face things
    no matter how illegal, stupid, or inappropriate. I assume this is the base turnout model....they have a financial advantage so it might well work.

    The college debt "forgiveness" is as bad as anything comes.

    1. Illegal.
    2. Unfair -- waiters, plumbers, truck drivers and retirees hand out $10,000 to
    Harvard Law grads, among many other poignant vignettes.
    3. Inflationary. Self-explantory except to people doing Democrat math.
    4. Increases cost of college education; this has been ongoing for decades
    as new administrators join colleges to pursue abundant federal money.
    5. Screws future loan recipients because interest rates will go up to
    pay for future risk.

    What's next? Are they trying to flood the zone so that the incredible number of terrible Biden policies provide such a target-rich environment that it's hard
    to focus on a central message?

    The Republicans should let the obvious ridiculousness of this crap lie, and focus on
    crime, inflation, and immigration.


    Or cursing
    They could focus on cursing Biden

    Marjorie Taylor Greene tells Biden to ‘go to hell’ after White House trolls her on student debt

    https://www.independent.co.uk/news/world/americas/marjorie-taylor-greene-student-debt-white-house-b2153633.html

    The Biden debt forgiveness relies on a provision of a law endorsed and passed by a majority Gop from about a decade ago
    Not illegal



    --
    People who want to share their religious views with you
    almost never want you to share yours with them. -- Dave Barry

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From m syadoz@21:1/5 to xyzzy on Fri Aug 26 17:51:30 2022
    On Friday, August 26, 2022 at 6:50:17 PM UTC-5, xyzzy wrote:
    RoddyMcCorley <Roddy.M...@verizon.net> wrote:
    On 8/26/2022 8:32 AM, Con Reeder, unhyphenated American wrote:
    It looks like the Biden strategy is to do a bunch of in-your-face things >> no matter how illegal, stupid, or inappropriate. I assume this is the base
    turnout model....they have a financial advantage so it might well work. >>
    The college debt "forgiveness" is as bad as anything comes.

    1. Illegal.
    2. Unfair -- waiters, plumbers, truck drivers and retirees hand out $10,000 to
    Harvard Law grads, among many other poignant vignettes.
    3. Inflationary. Self-explantory except to people doing Democrat math.
    4. Increases cost of college education; this has been ongoing for decades >> as new administrators join colleges to pursue abundant federal money.
    5. Screws future loan recipients because interest rates will go up to
    pay for future risk.

    What's next? Are they trying to flood the zone so that the incredible number
    of terrible Biden policies provide such a target-rich environment that it's hard
    to focus on a central message?

    The Republicans should let the obvious ridiculousness of this crap lie, and focus on
    crime, inflation, and immigration.

    1. Illegal: Maybe, we'll see.
    2. Unfair: Well, when one class gets some benefits that others do not
    it's always "unfair." That's life. I'm guessing the Harvard Law grads
    are unlikely to qualify.
    90% of the benefit is going to people making under $75k/yr. Also a lot of the people getting this benefit are not college graduates. The people most screwed by student debt are people who have it but for whatever reason
    never got the degree. I bet there are waiters, plumbers, and truck drivers in that group.

    Btw the amount of student loan forgiveness is 30% of the amount of forgiven PPP loans. I may have missed it but I didn’t see Connie complain about waiters, plumbers, and truck drivers handing out $309,000 to the Daily Caller, to cite just one of a zillion examples of people now whining about this who said nothing about that, if not directly personally benefiting
    from PPP loan forgiveness.


    At least the current Biden government is doing something about the ppp fraudsters


    Secret Service recovers $286M in stolen pandemic loans

    https://apnews.com/article/covid-health-small-business-us-secret-service-ed482641a658543f4db9e2ec5121153e


    3. Inflationary: Doubtful. It's not like they are getting a $10-20,000 cash payment. It is just wiping out a fraction of their student
    government loan debt. Average student loan debt is now about $38,000 in the US. So they are still going to owe quite a bit.
    Plus student loan payments have been paused since early 2020 so any inflationary effect has already happened. This isn’t new cash flow to anyone, it’s some people getting to keep part of a cash flow increase they’ve already had for two years. And payments resume for non-forgiven debt on Jan 1st, so the net effect is anti-inflationary if that’s defined as people overall having less money available.
    4. Increases college costs: Costs are going up with or without debt relief. Schools will continue to add programs, personnel and facilities regardless of debt relief. A local, private church-affiliated university
    a few miles from me is adding an engineering program. We have plenty of engineering schools in the area, including a local branch of our primary state university.
    5. Screws future loan recipients: How so? Interest rates will rise and fall based on what the Fed does.

    The debt relief will not directly impact any of my family. We've all repaid our private and government loans. Long ago. But I would like to
    see adequate controls to prevent fraud.

    I agree that forgiving a portion of student debt, while a good start that helps a lot of people, is not going to keep this from happening again. One proposal I saw that I liked is that the colleges should have some skin in the game and be partially responsible for the loan guarantees.



    --
    “I usually skip over your posts because of your disguistng, contrarian, liberal personality.” — Altie

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RoddyMcCorley@21:1/5 to All on Sat Aug 27 00:47:23 2022
    On 8/26/2022 8:30 PM, TE wrote:
    On Friday, August 26, 2022 at 7:50:17 PM UTC-4, xyzzy wrote:

    <snip>

    The debt relief will not directly impact any of my family. We've all
    repaid our private and government loans. Long ago. But I would like to
    see adequate controls to prevent fraud.

    I agree that forgiving a portion of student debt, while a good start that
    helps a lot of people, is not going to keep this from happening again. One >> proposal I saw that I liked is that the colleges should have some skin in
    the game and be partially responsible for the loan guarantees.

    If the goal was to aid struggling families, and the money had to be spent, they could
    have just sent a $10K check to stressed families. But that wasn't the goal. College
    admins and profs are a core constituency for the Dems, and they had to get their
    piece of the action.

    I believe most folks understand that, like "The Inflation Reduction Act," this was a
    payoff.

    -TE

    Bullshit.

    --
    "In theory, there is no difference between theory and practice. In
    practice, there is." Ruben Goldberg

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Con Reeder, unhyphenated American@21:1/5 to xyzzy on Sat Aug 27 14:29:15 2022
    On 2022-08-26, xyzzy <xyzzy.dude@gmail.com> wrote:
    RoddyMcCorley <Roddy.McCorley@verizon.net> wrote:
    On 8/26/2022 8:32 AM, Con Reeder, unhyphenated American wrote:
    It looks like the Biden strategy is to do a bunch of in-your-face things >>> no matter how illegal, stupid, or inappropriate. I assume this is the base >>> turnout model....they have a financial advantage so it might well work.

    The college debt "forgiveness" is as bad as anything comes.

    1. Illegal.
    2. Unfair -- waiters, plumbers, truck drivers and retirees hand out $10,000 to
    Harvard Law grads, among many other poignant vignettes.
    3. Inflationary. Self-explantory except to people doing Democrat math.
    4. Increases cost of college education; this has been ongoing for decades >>> as new administrators join colleges to pursue abundant federal money.
    5. Screws future loan recipients because interest rates will go up to
    pay for future risk.

    What's next? Are they trying to flood the zone so that the incredible number
    of terrible Biden policies provide such a target-rich environment that it's hard
    to focus on a central message?

    The Republicans should let the obvious ridiculousness of this crap lie, and focus on
    crime, inflation, and immigration.

    1. Illegal: Maybe, we'll see.
    2. Unfair: Well, when one class gets some benefits that others do not
    it's always "unfair." That's life. I'm guessing the Harvard Law grads
    are unlikely to qualify.

    90% of the benefit is going to people making under $75k/yr. Also a lot of the people getting this benefit are not college graduates. The people most screwed by student debt are people who have it but for whatever reason
    never got the degree. I bet there are waiters, plumbers, and truck drivers
    in that group.

    90% of nothing is nothing. Looking at its "legal basis" I see no way it survives
    a court challenge.

    --
    Nothing is foolproof to a sufficiently equipped fool. -- unknown

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Woke@21:1/5 to RoddyMcCorley on Sun Aug 28 02:47:18 2022
    RoddyMcCorley <Roddy.McCorley@verizon.net> wrote in news:tec7kr$7je4$1@dont-email.me:

    On 8/26/2022 8:30 PM, TE wrote:
    On Friday, August 26, 2022 at 7:50:17 PM UTC-4, xyzzy wrote:

    <snip>

    The debt relief will not directly impact any of my family. We've
    all repaid our private and government loans. Long ago. But I would
    like to see adequate controls to prevent fraud.

    I agree that forgiving a portion of student debt, while a good start
    that helps a lot of people, is not going to keep this from happening
    again. One proposal I saw that I liked is that the colleges should
    have some skin in the game and be partially responsible for the loan
    guarantees.

    If the goal was to aid struggling families, and the money had to be
    spent, they could have just sent a $10K check to stressed families.
    But that wasn't the goal. College admins and profs are a core
    constituency for the Dems, and they had to get their piece of the
    action.

    I believe most folks understand that, like "The Inflation Reduction
    Act," this was a payoff.

    -TE

    Bullshit.

    Yes your response was bullshit. Typical Democrat non-thinking emotional response.

    --- SoupGate-Win32 v1.05
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  • From Michael Falkner@21:1/5 to All on Sun Aug 28 10:51:00 2022
    On Friday, August 26, 2022 at 5:30:55 PM UTC-7, TE wrote:

    I believe most folks understand that, like "The Inflation Reduction Act," this was a
    payoff.

    So how many countries gave a payoff to Trump for our nuclear secrets?

    If it's true, hang the son of a bitch.

    Mike

    --- SoupGate-Win32 v1.05
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