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Student Loan Forgiveness

Student Loan Forgiveness

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AverageJoe1
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@no1marauder said
I don't answer stupid questions from idiots.

I believe I have sufficiently explained the effects of modest amounts of student loan debt discharge to those who have the interest and capacity to understand them. IMO, they will quite beneficial to the US economy and particularly to young people of modest means who had to borrow heavily to get an advanced education (obviou ...[text shortened]... e than these working and middle class families being saddled with additional debt to the government.
“IMO” you are. Full of it. You and Biden seem to think that you know what’s gonna happen in the future, that there will be no extraneous things that happen which will cause all of these pipedreams of years to blow up.
Pollyanna Socialist, A perfect definition of you. I can’t find an emoji! Where is the most perfect emoji when I need it.
Everyone please reread marauders post, as he has the answer to all of our problems and he knows how the future will develop where everybody will be happy!!

w

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@averagejoe1 said
No, as I look at my side of the equation, I am definitely looking at the marauder madness on his side of his equation. You are aware of course that he thinks that the taxpayers are not going to be paying for these things they call loan forgiveness. You know, the same people who call the bill an inflation reduction act, which it is none of a sort. It is a lie. It is a climate act. It is hard to keep up with you Fellers
Governments spend lots and lots and lots of money to help rich people succeed. Bank bailout. Farm handout. PPP loan forgiveness for people who have steady paychecks. It's interesting that the most pushback comes when the govt tries helping poor people.

s
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@wildgrass
That last IS the republican zombie mantra.

no1marauder
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@averagejoe1 said
You will have to define discharged to some of our lReaders. Actually you don’t have to explain anything to me, as I know exactly what is going on with the transfer of debt. Not one dollar is discharged. So you need to give our readers something to sync their brain into. Good luck with that!
UMM, actually it is a discharge not a transfer. The debt was owed to the government and now the government has agreed to discharge a portion of it.

Who, pray tell, do you think it is "transferred" to?

AverageJoe1
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@wildgrass said
Governments spend lots and lots and lots of money to help rich people succeed. Bank bailout. Farm handout. PPP loan forgiveness for people who have steady paychecks. It's interesting that the most pushback comes when the govt tries helping poor people.
Socialist to the rescue? I think so.

AverageJoe1
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@no1marauder said
UMM, actually it is a discharge not a transfer. The debt was owed to the government and now the government has agreed to discharge a portion of it.

Who, pray tell, do you think it is "transferred" to?
Tell us that it does not cost taxpayers. Seems we are down to the crux of the matter doesn’t it. You cannot say that, and if you do, I will expose you to all of our readers as it will be an untruth.
IF it were true, are you ready for this marauder, that means the government could forgive every FHA loan that has been made on a house that the poor people have bought as their first homes, and call it a discharge. Lord I wish there was an emoji for this foolishness. You are really really losing ground here. Come on, tell us why not discharge all FHA loans to homeowners who make less than say $100,000?? Or if you want to get serious, tell us why one would be different than the other.

no1marauder
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@averagejoe1 said
Tell us that it does not cost taxpayers. Seems we are down to the crux of the matter doesn’t it. You cannot say that, and if you do, I will expose you to all of our readers as it will be an untruth.
IF it were true, are you ready for this marauder, that means the government could forgive every FHA loan that has been made on a house that the poor people have bought a ...[text shortened]... n say $100,000?? Or if you want to get serious, tell us why one would be different than the other.
It's equivalent to a tax cut and a pretty small one in this case. The government is forgoing revenue in the future; it is not transferring a debt.

Are you against tax cuts?

BTW, the government has been forgoing virtually all revenue from student loan payments for about 2 and a half years now.

AverageJoe1
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@no1marauder said
It's equivalent to a tax cut and a pretty small one in this case. The government is forgoing revenue in the future; it is not transferring a debt.

Are you against tax cuts?

BTW, the government has been forgoing virtually all revenue from student loan payments for about 2 and a half years now.
BS, question avoidance by No1Mrauder, the works, empty statements, none of such admit that people who pay taxes will pay the loans off for college students who borrowed the money.
I ask you point blank, and you will NOT say that taxpayers are not footing the bill. Very disingenuous , marauder, indeed. We go day in and day out to get to the crux off the matter, and you bail after all that, painted into a corner. spouting nonisms into the air.
Piss poor.
Anyway, enough of the non-world of Marauder,, everyone please know that our taxes pay the loans. I have read that the middle class will foot most of the bill. Keep your eyes out for the IRS,

Some People Work Harder Than Others.

AverageJoe1
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@no1marauder said
It's equivalent to a tax cut and a pretty small one in this case. The government is forgoing revenue in the future; it is not transferring a debt.

Are you against tax cuts?

BTW, the government has been forgoing virtually all revenue from student loan payments for about 2 and a half years now.
A pretty small tax cut? Jesus. Am I reading this right? Do you think it is small to the loser who is having his debt paid off? It is REAL big to him.
Oh, how about a simple answer, ,,.....if it is not really costing anything to forgive the debt, why can we not apply the same formula to the FHA loans that have been taken out by first time homebuyers? Their mortgages. Why not pay off those loans? That should be an easy one, and it may enlighten our readers.

AverageJoe1
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@no1marauder said


Are you against tax cuts?
Is everyone following this? Marauder, (who is for big government, blah blah, all oool with Biden raising taxes), just asked me if I am against tax cuts? Since he knows all conservatives are FOR tax cuts, what is his game, his gambit? Why such play.? To avoid the 'crux' I mentioned?

w

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@averagejoe1 said
Socialist to the rescue? I think so.
I think I'm begining to understand modern Republicans. If the policy benefits rich people then it doesn't need to be paid for, should last forever and always helps the economy. If it benefits poor people then it's socialism, we can't afford it, it should be ended immediately and will destroy our nation.

It wasn't always this corrupt.

AverageJoe1
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@wildgrass said
I think I'm begining to understand modern Republicans. If the policy benefits rich people then it doesn't need to be paid for, should last forever and always helps the economy. If it benefits poor people then it's socialism, we can't afford it, it should be ended immediately and will destroy our nation.

It wasn't always this corrupt.
You say that the policy benefits rich people. So, "It doesn't have to be paid for"? What does that mean. what does 'should last forever" and "always helps the economy" mean?
Then you in effect say that socialism benefits poor people. No question that it does as far as free stuff......But Wildgrass, it will make poor people dependent. Wildgrass? A 'genuous' response please? And elaborate about how the children of these poor people will turn out. If the children are dependents, how will they take care of the loser parents living under socialism.
I myself will actually be a socialist, unaffected, but the people we are speaking of will be living under socialism. Ooooooh man..

KingDavid403
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@wildgrass said
I think I'm begining to understand modern Republicans. If the policy benefits rich people then it doesn't need to be paid for, should last forever and always helps the economy. If it benefits poor people then it's socialism, we can't afford it, it should be ended immediately and will destroy our nation.

It wasn't always this corrupt.
This is exactly why we have homeless encampments in most of our majors cities today which are destroying the USA. It's all because of the greed and selfishness of the wealthy and corporations. It's all about the almighty penny. Marjory Taylor Green received almost a quarter of a million dollars in a PPP loan; which the government forgave a short time later. Many other Republicans and corporations received the same, and they all were forgiven the same.
Marjory Taylor Green and most others that had their PPP loans forgiven are now crying about the poor receiving $10,000 dollars in student debt relief. Hypocrisy and selfishness at it's worst. They make me sick.
Every dog has it's day' and, I actually feel sorry for them when their day comes and they have to answer to God, as we all will. Christian my arse; they all are the exact opposite of every thing that Jesus taught us.
Their day will come; as with all of us.

AverageJoe1
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@kingdavid403 said
This is exactly why we have homeless encampments in most of our majors cities today which are destroying the USA. It's all because of the greed and selfishness of the wealthy and corporations. It's all about the almighty penny. Marjory Taylor Green received almost a quarter of a million dollars in a PPP loan; which the government forgave a short time later. Many othe ...[text shortened]... , I actually feel sorry for them when their day comes and they have to answer to God as we all will.
You are right, the world has a lot of bad apples. Y'all love the hypocrite Al Gore, whose electric bill is TWENTY FIVE times the avg elec bill in this country, and flies as does John Kerry all over in their private jets while espousing climate concerns. King,,,,,are you with me here? I guess we could compare all day, couldn't we. And blame someone for the street people??, Most of who want to be street people?. (there are 7M jobs out there, don't give me the homeless yarn.)
But what about the real problems.....having a hard working woman like Suzianne pay taxes that go straight to relieving the jester of his college tuition loan. So, he takes his money, and goes on a hippie pilgrimage to India while she works 9 to 5??? Not even the erudite Marauder will address this one. And my nephew has lost his job due to inflation and covid and bronchial problems, and has an FHA loan that he cannot pay on his house.
Sonhouse, which is more humane? Pay off his loan, or pay of the loan of the Jester who will go on vacation.>\?
King David?

no1marauder
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@averagejoe1 said
BS, question avoidance by No1Mrauder, the works, empty statements, none of such admit that people who pay taxes will pay the loans off for college students who borrowed the money.
I ask you point blank, and you will NOT say that taxpayers are not footing the bill. Very disingenuous , marauder, indeed. We go day in and day out to get to the crux off the matter, and ...[text shortened]... will foot most of the bill. Keep your eyes out for the IRS,

Some People Work Harder Than Others.
Joe, you are remarkably stupid individual.

No, the taxpayers won't pay the government the full value of the loans or anything remotely close to it. The government will forego some payments on the loans, something like $20-30 billion a year (it has been forgoing any and all payments on the loans for 2 and a half years now).Yes, that's equivalent to a small tax cut when the Federal budget is about $5.9 trillion.

Your ranting and raving is annoying. I'm sorry you're too ignorant to understand the basic facts I have given you; maybe you should have went to college (or perhaps high school).

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