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Student Loan Forgiveness

Student Loan Forgiveness

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MB

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@wildgrass said
Sanctions, tax rebates, subsidies, corporate welfare.

These are the things that all smart corporations who make bad decisions thrive off. It's weird, and it's been weird for awhile, that only corporations benefit from these government sweetheart deals. It's time to end trickle down economics.
Agreed, but corporations run government. To change that will not be easy because they have so much power, but here is what needs to be done.

1) End Corporate Personhood.

Corporations are not persons and possess only the privileges we willfully grant them. Granting corporations the status of legal “persons” effectively rewrites the Constitution to serve corporate interests as though they were human interests. Ultimately, the doctrine of granting constitutional rights to corporations gives a thing illegitimate privilege and power that undermines our freedom and authority as citizens.
https://reclaimdemocracy.org/corporate-personhood/

2) Eliminate Super PACS.

https://equalcitizens.us/end-super-pacs/

Corporations own the news media. They will not bring it up much and they will not have people on that will talk about it much either. Propaganda by omission.

AverageJoe1
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@wildgrass said
Sanctions, tax rebates, subsidies, corporate welfare.

These are the things that all smart corporations who make bad decisions thrive off. It's weird, and it's been weird for awhile, that only corporations benefit from these government sweetheart deals. It's time to end trickle down economics.
What an era, brought on by Liberals. "It is time to end......" After 250 years, the libs arise, bent on transforming America. Change everything about it. Using government to do it, flying right in the face of the government of our Founders, A different government. A different society, what was bad is good, what was good is bad.

AverageJoe1
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@metal-brain said
Agreed, but corporations run government. To change that will not be easy because they have so much power, but here is what needs to be done.

1) End Corporate Personhood.

Corporations are not persons and possess only the privileges we willfully grant them. Granting corporations the status of legal “persons” effectively rewrites the Constitution to serve corporate int ...[text shortened]... p much and they will not have people on that will talk about it much either. Propaganda by omission.
I somewhat agree, but the corporate concepts are a can of worms. One foot steps on another as the courts meander through the best concept of corporations. Me, I think they should be brought back to being a business owned by its shareholders, and do such business like uncle Al at his country tomato farm. He has 55%, shareholders have 45%, and profits are split accordingly at the end of the day.
Nice post, be careful, though, you have gone off-topic of Loan Forgiveness, and Marauder is not too keen about that!

jimm619

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@kellyjay said
There is no debt release, no debt forgiveness, now taxpayers foot the bills not those who took out the loans. It’s a debt transfer to those who had nothing to do with the debt.
Don't people with higher education
inevitably, end paying more taxes?
Isn't Higher Education the most sure-fire
way to guarantee that a person
will never be incarcerated or on welfare?
........Y'all always claim that tax cuts for the wealthy allow
businessmen to hire more people to help 'the economy.'
Isn't someone with a College Education more likely to
become an employer himself?
...........Works both ways, right?
......Or is it only welfare for 'The Wealthy' that y'all approve of?

w

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@averagejoe1 said
What an era, brought on by Liberals. "It is time to end......" After 250 years, the libs arise, bent on transforming America. Change everything about it. Using government to do it, flying right in the face of the government of our Founders, A different government. A different society, what was bad is good, what was good is bad.
I'm not blaming libs. If you look at budgets, Republicans spend more, and they are decidedly not self-described libs.

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@averagejoe1 said
What an era, brought on by Liberals. "It is time to end......" After 250 years, the libs arise, bent on transforming America. Change everything about it. Using government to do it, flying right in the face of the government of our Founders, A different government. A different society, what was bad is good, what was good is bad.
Don't take my word for it Joe. Brian Reidl is a conservative political pundit for the National Review.

"... under President Obama, Republicans pushed the federal government to the brink of default in order to enact tight discretionary-spending caps, which they essentially repealed after President Trump took office.

On mandatory spending, Republicans have long been big spenders, enacting the Medicare drug entitlement under President Bush, large stimulus renewals under President Obama, and bloated farm bills under the past three presidents. In 2017, the GOP Senate voted down a push to trim back health-care costs, and the pandemic has led to trillions in new spending, mostly mandatory.

Large tax cuts in the first year of the Reagan, George W. Bush, and Trump administrations drove each GOP reversal on spending restraint. Even many deficit-fearing Republicans consider tax relief affordable on the assumption that they will also pare back the runaway spending that drives long-term deficits. Conveniently, the large spending cuts never come. In contrast to “starve the beast” — the idea that tax cuts worsen deficits and in turn lead to spending cuts — tax cuts have historically led to large spending increases because they shift lawmakers from a culture of deficit-reduction to one of spreading new benefits around. It would be political suicide for Congress to cut taxes and then turn around and claim that deficits require painful Medicare cuts. Instead, tax-cutting Republicans shift to buying votes with new spending."
https://www.manhattan-institute.org/are-republicans-hypocrites-on-deficits-yes-more-to-the-story

KellyJay
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@wildgrass said
Don't take my word for it Joe. Brian Reidl is a conservative political pundit for the National Review.

"... under President Obama, Republicans pushed the federal government to the brink of default in order to enact tight discretionary-spending caps, which they essentially repealed after President Trump took office.

On mandatory spending, Republicans have long been big ...[text shortened]... ]"
https://www.manhattan-institute.org/are-republicans-hypocrites-on-deficits-yes-more-to-the-story
What they could have done is spend less, then the income would more than able
to make ends meet, what they don't want to do is spend less because spending
money towards an end that enriches some and not others is a good way to be
powerful.

Not a left issue or a right issue, a human issue.

w

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@kellyjay said
What they could have done is spend less, then the income would more than able
to make ends meet, what they don't want to do is spend less because spending
money towards an end that enriches some and not others is a good way to be
powerful.

Not a left issue or a right issue, a human issue.
It is a left-right issue insofar as the right are far worse offenders. The vast majority of deficit spending comes from their defunct policies and failures to balance the tax dollars with the profligate spending.

At least on the left they have the stones to increase taxes to pay for their indulgences.

Right wing: Hey, let's cut taxes to rein in government spending.

*cuts taxes

Right wing: Hey, instead of reining in government spending, lets spend way way more.

Left wing: Ah great, now look at this mess we gotta clean up.

MB

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@wildgrass said
It is a left-right issue insofar as the right are far worse offenders. The vast majority of deficit spending comes from their defunct policies and failures to balance the tax dollars with the profligate spending.

At least on the left they have the stones to increase taxes to pay for their indulgences.

Right wing: Hey, let's cut taxes to rein in government spending.
...[text shortened]... spending, lets spend way way more.

Left wing: Ah great, now look at this mess we gotta clean up.
How much did Biden increase taxes?

AverageJoe1
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@wildgrass said
It is a left-right issue insofar as the right are far worse offenders. The vast majority of deficit spending comes from their defunct policies and failures to balance the tax dollars with the profligate spending.

At least on the left they have the stones to increase taxes to pay for their indulgences.

Right wing: Hey, let's cut taxes to rein in government spending.
...[text shortened]... spending, lets spend way way more.

Left wing: Ah great, now look at this mess we gotta clean up.
By giving cash out, might as well throw cash from a truck riding down a street

w

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@averagejoe1 said
By giving cash out, might as well throw cash from a truck riding down a street
LOL I love your "might as well" hypotheticals that accidentally end up being reality.

Bush literally did this in Iraq. Pallets with millions in cash.

KellyJay
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@jimm619 said
Don't people with higher education
inevitably, end paying more taxes?
Isn't Higher Education the most sure-fire
way to guarantee that a person
will never be incarcerated or on welfare?
........Y'all always claim that tax cuts for the wealthy allow
businessmen to hire more people to help 'the economy.'
Isn't someone with a College Education more likely to
become an em ...[text shortened]... .......Works both ways, right?
......Or is it only welfare for 'The Wealthy' that y'all approve of?
This is still a transfer of wealth, I was reading this morning that some states could
tax the forgiveness as income. You are looking at the end goal of education as
being better than not having one, I sort of doubt that is as true today as it always
was, but that is a different topic.

It is that some are being treated differently, let off the hook for something they
signed up for, while others have paid their debt in full, and why not give everyone
a 10K break not just them? It isn't free money!

AverageJoe1
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Lake Como

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@kellyjay said
This is still a transfer of wealth, I was reading this morning that some states could
tax the forgiveness as income. You are looking at the end goal of education as
being better than not having one, I sort of doubt that is as true today as it always
was, but that is a different topic.

It is that some are being treated differently, let off the hook for something they
...[text shortened]... paid their debt in full, and why not give everyone
a 10K break not just them? It isn't free money!
Imagine a guy running for president and promising that if he is elected, he will forgive student debt, and he will open the southern border.
Would that be something that you would vote for? Would you vote for a person with a mindset such as that?

s
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@AverageJoe1
Ah, so now in your and the rest of the zombie crowd, it is only NOW that Trump is the perp, having classified docs are ok now as long as it is a repub having them.
Funny how the same folks attacking Hillary for the same thing now are defending the criminal Trump for the exact same thing.

Tell me how you deal with such hypocrisy?

jimm619

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@kellyjay said
What they could have done is spend less, then the income would more than able
to make ends meet, what they don't want to do is spend less because spending
money towards an end that enriches some and not others is a good way to be
powerful.

Not a left issue or a right issue, a human issue.
No, it is a LEFT v RIGHT issue, because,
for the most part, The GOP lowers taxes on corporations,
whereas The Dems tend to make 'em pay, as we recently saw.

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