Politics Thread

[xubrew]

I don't know the specifics of the loan forgiveness. I saw it explained in a way that said it was not preventing the borrowers from having to pay back what they borrowed, but it prevented them from having to pay back two and three times what they borrowed due to inflated interest rates from predatory lenders. Is that not correct? I take it that it's not given some of the replies in this thread.

[Xuperman]

While I agree regarding spin, attacking where Paul's information comes from and in the same breath, championing a Dr. Phil media company, is ironic.

Well, just invest 10 minutes here and you will instantly become accurately informed. This is not political. It's not opinion. It's a detailed INTERVIEW with the NYPD CHIEF OF PATROL. The guy in charge of all of the "beat" cops in the entire city. Found it on YouTube for your convenience.

https://m.youtube.com/watch?v=6vizm-hhOGE

Kinda blows a hole in your Leftist narrative that tries to "sugar coat" the chaos created by these O'Biden illegals. You guys need to get real and acknowledge the severity of the problem......my guess is that you just start avoiding the reality altogether. That's what the DEM propaganda agents in the MSM do constantly.

[Xville]

Well, just invest 10 minutes here and you will instantly become accurately informed. This is not political. It's not opinion. It's a detailed INTERVIEW with the NYPD CHIEF OF PATROL. The guy in charge of all of the "beat" cops in the entire city. Found it on YouTube for your convenience.

https://m.youtube.com/watch?v=6vizm-hhOGE

Kinda blows a hole in your Leftist narrative that tries to "sugar coat" the chaos created by these O'Biden illegals. You guys need to get real and acknowledge the severity of the problem......my guess is that you just start avoiding the reality altogether. That's what the DEM propaganda agents in the MSM do constantly.

oh you mean this guy?

https://www.thedailybeast.com/john-c...rother-orenzso

https://www.thecity.nyc/2021/04/15/n...ef-questioned/

Yeah forgive me if I don't believe that dude, or Dr. Phil Medicine Woman. Cops lie man...all the time. I've seen it firsthand. No different than anyone else.

You Post "facts" like 10 million, which isn't true....10 million encounters, yes but maybe since you like to say "educate yourself" so much...go ahead and heed your own advice and figure out what that means.

Here's most likely the reality of the situation--- the middle of your extreme, and Paul's...just like most things.

[bjf123]

The point was "should the average taxpayer be on the hook for someone else's loan."

Both actions accomplished that. Congress and the president.

No. The point is Congress is allowed to do that. The President is not. Whether Congress should have done that is a completely different question.


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[Smails]

I don't know the specifics of the loan forgiveness. I saw it explained in a way that said it was not preventing the borrowers from having to pay back what they borrowed, but it prevented them from having to pay back two and three times what they borrowed due to inflated interest rates from predatory lenders. Is that not correct? I take it that it's not given some of the replies in this thread.

You're partially right on the first part in that a lot of the forgiveness is tied to long-term pay back schedules (20-25 years) which set up lower monthly payments for affordability but hammers the borrower in the total payoff.

I agree it's not a great practice but the borrowers receive full disclosure of what they are signing up for and they sign up anyway.

[paulxu]

No. The point is Congress is allowed to do that. The President is not. Whether Congress should have done that is a completely different question.


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This was the question I was addressing from another poster:

Do you believe the average taxpayer should be on the hook for someone’s else’s loan?

I pointed out there were other places the average taxpayer was on the hook for someone else's loan besides the student loans.

You decided to make it a question about Congress and the President, not me,

[xubrew]

You're partially right on the first part in that a lot of the forgiveness is tied to long-term pay back schedules (20-25 years) which set up lower monthly payments for affordability but hammers the borrower in the total payoff.

I agree it's not a great practice but the borrowers receive full disclosure of what they are signing up for and they sign up anyway.

I agree with this. Here is my question...

Is the excess debt that's built up through high interest rates cancelled altogether, or is it passed along to the taxpayers and the lenders are still paid off in full?

If it's the latter, then I understand why everyone is pissed. They should be! It's not their debt! If it's the former, then that might not be entirely fair to the lenders, but it's not as if the rest of the American public is stuck picking up the tab, so why would they be THIS upset?? And, while I can agree with what you said, I also agree with the first part. It's not a great practice in the first place to loan someone money with interest rates that totally hammer the borrower.

[Strange Brew]

Difference being they all conceded. Still waiting for Trump to make the call

So conceded however still to this day calls him illegitimate.

Yeah, old Hill sure has gracefully accepted that loss…..:)

[Strange Brew]

The point was "should the average taxpayer be on the hook for someone else's loan."

Both actions accomplished that. Congress and the president.

No dumbass the point was about dictators and your love of them.

[Strange Brew]

The point was "should the average taxpayer be on the hook for someone else's loan."

Both actions accomplished that. Congress and the president.

No dumbass the point was about dictators and your love of them.