10 Dec 22
@no1marauder saidOK. We can end this, but I gotta tell you, why you libs pick THIS debt of ALL debts is a puzzler. Hard working roofers with 2 kids barely making ends meet, forget ‘em. Poor people, nothing. How can you defend this travesty. Yeah, I’m emotional all right. THAT is economic hardship. College grads with success in their future, a country where they borrow money at better terms to pay off the tuition? You think they need more help than the roofer . You buffer your argument by saying that they will make good things for society (The People), when in fact 73% of them are going to spend theirs on dining and travel. Sorta makes me sick to the stomach. And emotional.....
Times change. Rigid backward thinking like yours is inadequate to deal with new situations and crises.
Your positions are incoherent and contradictory and seem to be mostly based on emotion and personal resentment. Forgiving a portion of debt owed to government by members of working and middle class because of economic hardship caused by a pandemic fueled economic down ...[text shortened]... ial policy. That your personal ignorance and bitterness makes you unable to see this is unfortunate.
Marauder thinks college grads need more help than do the pitiful Roofers of the country.
10 Dec 22
@averagejoe1 saidThe government did not just forgive this debt. It forgives lots of debts of various kinds.
OK. We can end this, but I gotta tell you, why you libs pick THIS debt of ALL debts is a puzzler. Hard working roofers with 2 kids barely making ends meet, forget ‘em. Poor people, nothing. How can you defend this travesty. Yeah, I’m emotional all right. THAT is economic hardship. College grads with success in their future, a country where they borrow money at bette ...[text shortened]... ..
Marauder thinks college grads need more help than do the pitiful Roofers of the country.
11 Dec 22
@wildgrass saidNot with the stroke of a pen by one man, who is not thinking clearly, as you know, wildgrass. You need to bring more meat to the party.
The government did not just forgive this debt. It forgives lots of debts of various kinds.
11 Dec 22
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@averagejoe1 saidWell it's not really about the loans then is it?
Not with the stroke of a pen by one man, who is not thinking clearly, as you know, wildgrass. You need to bring more meat to the party.
11 Dec 22
@wildgrass said? It is indeed, mainly that you fellers are changing the definition of loan. Note that I asked Marauder, what happens now since the money paid back on the loans never occurs? The govt was counting on that repaid money to come in so that it can be loaned out to the next generation. So will they just print money to loan out to next generation, or tell those students that they have no money to loan out? My questions go over your heads because they are too simple. You will not answer this one. C'mon man, it Sunday!!
Well it's not really about the loans then is it?
11 Dec 22
@averagejoe1 saidIt's the same with PPP. Thousands of businesses relying on taxpayers to support their for profit businesses. You said above that the distinction was the means of loan forgiveness, not the forgiveness itself. This was bad because Biden did it.
? It is indeed, mainly that you fellers are changing the definition of loan. Note that I asked Marauder, what happens now since the money paid back on the loans never occurs? The govt was counting on that repaid money to come in so that it can be loaned out to the next generation. So will they just print money to loan out to next generation, or tell those students th ...[text shortened]... ver your heads because they are too simple. You will not answer this one. C'mon man, it Sunday!!
11 Dec 22
@averagejoe1 saidThis has been shown to you several times already but:
Not with the stroke of a pen by one man, who is not thinking clearly, as you know, wildgrass. You need to bring more meat to the party.
"The Higher Education Relief Opportunities for Students Act of
2003, Pub. L. No. 108-76, 117 Stat. 904 (2003) (codified at 20 U.S.C.
§§ 1098aa–1098ee) (“HEROES Act of 2003,” or “HEROES Act&rdquo😉,
vests the Secretary of Education (“Secretary&rdquo😉 with expansive authority
to alleviate the hardship that federal student loan recipients may suffer
as a result of national emergencies. The Act provides that the Secretary
may “waive or modify any statutory or regulatory provision applicable to”
federal student loan programs if the Secretary “deems” such actions
“necessary to ensure that” certain statutory objectives are achieved. 20
U.S.C. § 1098bb(a)(1)–(2). One of those objectives is to ensure that
“recipients of student financial assistance . . . are not placed in a worse
position financially in relation to that financial assistance because of” a
national emergency. Id. § 1098bb(a)(2)(A). "
". The plain text of the HEROES Act authorizes the Secretary to “waive or
modify any statutory or regulatory provision applicable to” the federal
student loan program, 20 U.S.C. § 1098bb(a)(1) (emphasis added), an
authority that encompasses provisions applicable to the repayment of the
principal balances of loans, provided certain conditions are met."
https://www.justice.gov/sites/default/files/opinions/attachments/2022/08/24/2022-08-23-heroes-act.pdf
Congress, by express language, granted the Executive Department the authority. Sure, right wing judges are pretending they have the authority to override plain legislative text because they don't like the program (relying on the recently concocted "major questions" doctrine), but that is their abuse of the Constitution not the Congress' or the President's.
11 Dec 22
@wildgrass saidNo, no, no. Don’t you see the difference. The PPP was thought out in earnest in the control of funds what went out and what would be coming in, a huge plan. In this case, the plan is to just say you don’t have to send us your repayment of a loan. No plan. So in this case the government would be caught flat footed, like what have we done. In the other case, the PPP was decided before it was acted upon. It is a program. One step after another. I think in this case, there are no steps.
It's the same with PPP. Thousands of businesses relying on taxpayers to support their for profit businesses. You said above that the distinction was the means of loan forgiveness, not the forgiveness itself. This was bad because Biden did it.
11 Dec 22
1 edit
My parting shot… Do help the rich people, Joe Biden. Give all these college grads this money to dine, and to Travel. The roofer and the sheet rock worker with children having trouble making ends meet, can just keep having trouble making ends meet.. why should I care? I have a college degree and enjoying the life of Riley. Sheet rockers and roofers will never experience a windfall of any nature. I rest my case.
PS.....The smarter recipients of the money will go out and load up on apple stock and a few other nuggets. Thus, become richer and richer as the sheet rocker gets more poor.