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2 yr. ago

  • I feel for the targets of his impotent rage. The good of it is this is the crying and gnashing of teeth before he is fined millions of dollars and is forced to divest from New York. So, silver linings I guess

  • We could just not borrow it into existence. It's not like there is a surplus and we have to figure out how to give it back to the taxpayers. Just like we shouldn't have saved the banks in 2008 (the institutions and their shareholders, not the depositors.). Just like we shouldn't to fund genocide across the globe. Government spending should benefit the citizenship broadly, not pick winners and losers.

  • In favor of eliminating AMT, inheritance tax and cutting the top marginal rate then? Those will only help a small subset of people, but people will be helped all the same. Or is it not THOSE people? Presumably those are the people you intend to get the money from to give as loan forgiveness. That hurts those people so it's bad right? Maybe Joe is hurting the people he's supposed to in this case so it's good?

  • Interest capped for all borrowers. Bond backed government loans with no for profit middleman. Support for dual enrollment, AP and other means of obtaining college credits in general subject matter. Loan debt dischargeable in bankruptcy for private loans. Income based, sliding scale tuition at public universities instead of bigger loans for those who come from lesser means. People forget many of these public universities that cost 30k a year were land grant colleges established for the education of the public in the public's interest.

    Edit; the whole income based tuition sentence I somehow cut out in the original.

  • I think you've got me pegged wrong. You can't cut my taxes, the country spends 2 trillion dollars more than it takes in every year. I believe universal health care is the only way out of the cost spiral. This country faces crises on multiple fronts and most of them worsen every day. But do tell how a narrowly targeted loan forgiveness is in the general public's interest versus more broad reform. Then do PPP loans.

  • Conversely, Biden supported the 2005 bill that made student loan debt nearly impossible to discharge in bankruptcy. I know this isn't a popular opinion around these parts, but the terms of these loans weren't a secret, picking and choosing who to relieve of them via the public coffers is akin to attempting to buy votes. He should have capped interest rates for all existing loans and worked for future reform so this doesn't remain a problem.

  • In Biden's case, the criterion is he's not Trump. Otherwise, he's a shitheel politician, always has been. He does like to tout his bonafides though. It would be a good story if there weren't decades of evidence of his suckalige. If it weren't for Obama's popularity and Trump's ineptitude, no one would give Biden the time of day. He appeals to virtually no one, which is why he has to buy votes and "no true Scotsman" black people.