This is a copy/paste from an e-mail I sent a friend... but figured I would post my same ramble here to the Fiero Forum... it's something that frustrates me...
I have to say, I’m pretty frustrated by all of it. For decades, I’ve seen people get free stuff… and while I wouldn’t trade my life for theirs, I do wonder why it’s acceptable.
Many years ago, you guys remember me bitching about my house in XXXXXX, and the people who moved in behind me. They paid something obscene for the house back in 2007, like over $540k. I forget the numbers now, since it’s been over 15 years, but they bought the home JUST as the housing market was tanking.
I cannot express enough, these people were in absolutely no position to be buying that house. The wife was a middle-school teacher, and the husband was a trash collector. Not like, he worked for Waste Management, I mean like… he drove a truck and collected recycling from people during bulk pickup. He couldn’t even sign his name on the deed… he put like a big X and some circles.
Anyway, a hurricane hit within 6 months of them moving in. The only damage was to their screen enclosure and the fence, none of which they could afford to fix. They stopped making payments entirely after that point. Long and short, they were under foreclosure for a couple of years, and the home was a disaster. Rats living in it, the eves were rotting, it was a mess. The bank, through some Government program, FORGAVE HALF THEIR LOAN… instead of owing $540k, they ended up only owing like $280k. The bank simply forgave all of that money through some government program. All of this information used to be available on Broward Property Appraisers. They made like a couple of payments, and then went into default again… and squatted for at least another year and a half until they were finally evicted by police.
Anyway… it makes me so angry… the Government CONSTANTLY… CONSTANTLY benefits those who are irresponsible… and there’s never anything for people like you or me who make our payments on time, and try to do things right.
All the people who will get $10k of forgiveness, that’s you and me paying for it. The vast majority of them will be angry that it’s not more, and it won’t change their spending habits, they won’t become more responsible, or use the extra money to pay down more principle… it’ll go to more avocado toast, and vente Frapalapachinos w/ Quinoa from Starbucks.
Just vote buying schemes paid for on the backs of hard working families.
The inflation alone for this gimme to capable young adults will eat up more than $10k of purchasing power.
Also, the vast majority of student debt are being held by those who majored in bigot grievance studies. So they work at Starbucks and cry about crushing student debt.
Relieve $10k in debt as to keep 80-year olds in Congress. Yeah! Money worth spending.
Upside is that these same people who have college debt will just fill the gap with consumer debt. 🤣. Leftist will never learn.
Meh, my nut swinging MAGA boss scammed 50k in PPP loans, righties gonna right, right!?
I paid my student loans down but I’m ok with forgiveness. However, the culture of college needs to change any they need to tighten their belts a lot. It can’t just be the loan forgiveness.
All of this seemed to shake down in the early 2000s. Seemed like every rinky dink college was a university. It was a lost cause after that.
I don't see the gov paying off student loans. I see the Dems buying votes.
At some point, people need to recognize this. This is literally how socialist dictators end up in power in South and Central America. It starts with class warfare, and then a candidate promising free things, despite the fact that the country can't pay for it.
I quit a job I'd been in for over a decade, because I realized that I saw fraud, waste, and abuse all around me. It started to literally make me sick, and I felt like I was no longer part of something that was making a difference...
It was hard... it was really hard to quit, because I'd worked for half a decade preparing for that job... going to school full time WHILE working full time, and paying for it out of pocket... just so I would be a good candidate for that job. It was one of the hardest decisions of my life to quit... but I needed to, because I was becoming part of the problem.
Anyway… it makes me so angry… the Government CONSTANTLY… CONSTANTLY benefits those who are irresponsible… and there’s never anything for people like you or me who make our payments on time, and try to do things right.
All the people who will get $10k of forgiveness, that’s you and me paying for it. The vast majority of them will be angry that it’s not more, and it won’t change their spending habits, they won’t become more responsible, or use the extra money to pay down more principle… it’ll go to more avocado toast, and vente Frapalapachinos w/ Quinoa from Starbucks.
I can still remember the not-that-long-ago day when the National Debt was just breaking the $4T mark, and I was actually worried about it. Once it got over $20T I came to the realization that the politicians don't intend to pay it back, ever. Methinks at some point they are planning some Great Reset in which all debts will drop to zero. Savers will be screwed, because their $$ will be worthless for a time, and Spenders who leveraged everything will have lots of stuff (College, House, Car, etc.) at a fraction of the cost.
Well I lost $10k paying my loans off early a few years ago. Oh well. I did NOT think they would actually go through with it, just shows how desperate they are to win in November. At least my younger siblings owe $10k less.
My main concern now is how this will further exacerbate inflation. Delaying student loan payments again until 2023 will also slow the housing market correction.
Well I lost $10k paying my loans off early a few years ago. Oh well. I did NOT think they would actually go through with it, just shows how desperate they are to win in November. At least my younger siblings owe $10k less.
My main concern now is how this will further exacerbate inflation. Delaying student loan payments again until 2023 will also slow the housing market correction.
Frustrated? Not even close, I'm mad as hell that Biden is giving this free ride just to buy votes. Watched his entire speech about this vote buying scam. I want the money back I paid in on student loans. Had I any incentive to vote for this jerk (which I don't), it all went south with this action. ------------------ Rams
Isn't it strange that after a bombing, everyone blames the bomber, his upbringing, his environment, his culture, his mental state but … after a shooting, the problem is the gun.........
[This message has been edited by blackrams (edited 08-24-2022).]
There was a lesson given to youngsters that a college education taught you to be financial independent. I personally went through college and graduated and paid everything by just working a job. No loans, handouts, grants, go-fund-me, only fans, sugar babying it, scholarships or whatever.
It's different now, because most college education is woke activism, anti-science and parent basement living that the indoctrinated is indebted because they supplement the incomes of professors who spew bigoted grievances.
Take that back, that the Democratic Party supplements by taking from working people and giving it to the woke cultists.
[This message has been edited by Wichita (edited 08-25-2022).]
Voter participation (turnout) is directly proportional to income. In other words, poor people don't vote. This is seldom discussed, but is important to understand.
*Edited because I misstated that.
[This message has been edited by williegoat (edited 08-26-2022).]
Voter participation (turnout) is directly proportional to income. In other words, poor people don't vote. This is seldom discussed, but is important to understand.
*Edited because I misstated that.
College kids don't have jobs so they have all the free time to go vote.
The Biden student loans forgiveness plan... some good, some bad. Many say there's more bad than good. But as with so many other government plans, policies and programs backed by one or both of the two major political parties or their leaders, some of the arguments being advanced against this Biden plan on student loans are risible (and that's not good.)
"The arguments against Biden’s loan forgiveness plan are terrible" (I would preface this with "Some of the arguments...") Paul Waldman for the Washington Post; August 26, 2022. https://www.washingtonpost....-terrible-arguments/
"Inside Waldman"
quote
As a taxpayer (and as someone who, yes, took out student loans and paid them off), I don’t mind if some people get relief who might do fine without it, because tens of millions of lives could be transformed by this policy. The question is how much good the program as a whole does, not whether it helps someone somewhere who doesn’t really need it. The overwhelming majority of recipients will be middle class and because it gives extra to Pell Grant recipients, people from poor families get the most help.
While I'm still pissed about this vote buying give away crap Biden is trying, my question is, where'd the hell does he think he got the authority to do this. Was told in civics class that Congress controls the purse strings of government. This national emergency bull crap Biden is pulling is just that, bull crap. Buying votes. This guy has absolutely no idea what the hell he's doing to this country. I've never campaigned for any candidate but, I'm looking at doing it just to get this idiot out of office. Oh, and while we're on the topic of Biden, close down the damn border. I fully expect Biden/Pelosi and Schumer to advocate to give all those illegal aliens the right to vote before the 2024 election. Need I say why? as hell!!
------------------ Rams
Isn't it strange that after a bombing, everyone blames the bomber, his upbringing, his environment, his culture, his mental state but … after a shooting, the problem is the gun.........
Originally posted by rinselberg: "The arguments against Biden’s loan forgiveness plan are terrible" (I would preface this with "Some of the arguments...") Paul Waldman for the Washington Post; August 26, 2022. https://www.washingtonpost....-terrible-arguments/
"Inside Waldman" As a taxpayer (and as someone who, yes, took out student loans and paid them off), I don’t mind if some people get relief who might do fine without it, because tens of millions of lives could be transformed by this policy. The question is how much good the program as a whole does, not whether it helps someone somewhere who doesn’t really need it. The overwhelming majority of recipients will be middle class and because it gives extra to Pell Grant recipients, people from poor families get the most help.[/SIZE]
I don't mind if some people get robbed and relieve others of money.
I don't mind if some people get to 'learn' to become 'teachers' right out of highschool then on to college WITH NO REAL WORLD LIFE EXPERIENCE.
I don't mind if some people get to major in a field of study that will get them NOWHERE without NGO or g0d-gov's constantly lactating teet.
I don't mind if some people get to murder and relieve others of their life.
I don't mind if some people get to molest and relieve others of their innocence.
I don't mind if some people get to ignore parents about their childs gender reassignment.
I don't mind if some people get in an elitist club where the rules of law don't apply.
I don't mind if some people get, get, get, get, get...
Your ilk don't mind a lot of things. S-I-C-K C-U-L-T Devil
[This message has been edited by WonderBoy (edited 08-27-2022).]
That argument could be raised against almost every government program in existence. This is the nature of paying taxes and having a government: Your money goes to all kinds of things that don’t benefit you directly or that you don’t like. You pay to maintain national parks you might not visit, and to find cures for diseases you’ll never contract. You support schools even if you don’t have kids. You build roads in states you don’t live in. You support wheat farmers even if you’re on a gluten-free diet.
How many people complaining about loan forgiveness have campaigned against the mortgage interest deduction? It costs taxpayers tens of billions of dollars every year, and its recipients — homeowners who itemize their deductions — are disproportionately wealthy. Where are all the cries of “How does this help people who rent, or people who already paid off their mortgages???”
Originally posted by rinselberg: That argument could be raised against almost every government program in existence. This is the nature of paying taxes and having a government: Your money goes to all kinds of things that don’t benefit you directly or that you don’t like. You pay to maintain national parks you might not visit, and to find cures for diseases you’ll never contract. You support schools even if you don’t have kids. You build roads in states you don’t live in. You support wheat farmers even if you’re on a gluten-free diet.
How many people complaining about loan forgiveness have campaigned against the mortgage interest deduction? It costs taxpayers tens of billions of dollars every year, and its recipients — homeowners who itemize their deductions — are disproportionately wealthy. Where are all the cries of “How does this help people who rent, or people who already paid off their mortgages???”
They're PURPOSELY bloating government that can't be sustained in ORDER to bring on the commie/Marxist way of life. You just won't admit you LOVE the idea of fully automated everything. Including citizens getting their arses stretched by your BS.
[This message has been edited by WonderBoy (edited 08-27-2022).]
The Biden student loans forgiveness plan... some good, some bad. Many say there's more bad than good. But as with so many other government plans, policies and programs backed by one or both of the two major political parties or their leaders, some of the arguments being advanced against this Biden plan on student loans are risible (and that's not good.)
"The arguments against Biden’s loan forgiveness plan are terrible" (I would preface this with "Some of the arguments...") Paul Waldman for the Washington Post; August 26, 2022. https://www.washingtonpost....-terrible-arguments/
"Inside Waldman"
Some Good? Please advise me on how it's alright for all of us who paid off our student loans to now be responsible for another's student loan. This is not like any of the things mentioned below, in not one of those examples did an individual sign a contract to borrow money so that they didn't have to pay it back. Yeah, there's a lot of waste in government spending, that we can agree on but, tell me how this isn't simply just buying votes from signers of those contracts.
quote
Originally posted by rinselberg:
[QUOTE]That argument could be raised against almost every government program in existence. This is the nature of paying taxes and having a government: Your money goes to all kinds of things that don’t benefit you directly or that you don’t like. You pay to maintain national parks you might not visit, and to find cures for diseases you’ll never contract. You support schools even if you don’t have kids. You build roads in states you don’t live in. You support wheat farmers even if you’re on a gluten-free diet.
How many people complaining about loan forgiveness have campaigned against the mortgage interest deduction? It costs taxpayers tens of billions of dollars every year, and its recipients — homeowners who itemize their deductions — are disproportionately wealthy. Where are all the cries of “How does this help people who rent, or people who already paid off their mortgages???”
[/QUOTE]
Reference our tax codes, I've long held the belief that our tax codes are flawed and should be rewritten to be a flat percentage based tax, no deductions or write offs. Pick a percentage, doesn't matter what it, 10%, 20%, 30% or more. Everyone and I do mean everyone pays the same percentage. This is a vote buying scheme and we all know it. So, is this a one time thing or, will future generations get a free $10K? Those of us who pay our bills have a right to be pissed. Forum rules prevent me from truly venting how I feel about this! I'm not real sure how Biden could have come up with a worse policy to further divide this country. I understand that some folks voted for "anyone" but Trump but, look at the idiot we got. Biden voters should be ashamed of themselves. Hell, I don't even like DJT as a person.
------------------ Rams
Isn't it strange that after a bombing, everyone blames the bomber, his upbringing, his environment, his culture, his mental state but … after a shooting, the problem is the gun.........
The grift to impose onerous taxes on behalf of the dempartie, for the dempartie, billions directly into party coffers, a bribe tax, on you swindled and tricked deplorable suckers. Tricked and sweet-talked out of your Nation by the lowest degenerates, the diddlers of the world, that need some medieval minded reciprocation, sooner than later.
' Hark ! A champion ! Sir De`Jay Trumpet of the Golden Hair ! A Worthy and Noble Knight, travelling far from the Palace of Mar a` Lago, far to the South of white sand beaches and warm waters. He has sworn to rescue the damsel in distress, defeating the evil Prince of Darkness and Diddlers, the lunatic, who drinks the wines of the enemy, who sleeps in the enemy's tents. ' ' Yea, the hero of the people, a man of great courage and humor. Bless him and many prayers upon him, for he shalt slay the beasts of two backs and the murderers of infants, the insane adulterers of false worship. ' The horns were blown, the chargers snorted, the lance's tip is lowered to meet the future. The plot thickens, the fools and clowns of the herald's company performed their acrobatics, opening the show, the really big show.
Bread and circus', to make the tax more palatable, ' Mmmn, that's not so bad if you salt it well. ' ' The price of tomatoes is rising, citizen, octingenti denarius for a litre basket, what new tax will Lucius Aurelius Commodus impose on us deplorable suckers ? '
Why is the price tag to the future generations to owe on this vote buying scheme keep going up?
First it was $150 billion, then when depends wearing septuagenarian made the announcement, the media said $300 billion hand outs to affluent white college graduates. Now today they are saying $500 billion?
Next thing you know it will be a Trillion, especially with all the waste, fraud and abuse that will come from it.
Since the government BORROWS $6.5 billion per DAY, I guess another $500 billion in handouts for votes to keep the dependent grifters and rent seeking racist elites hands in the pockets of taxpayers is just ok.
[This message has been edited by Wichita (edited 08-28-2022).]
I'm starting to think this might just be a brilliant 'bait and switch' vote gimmick: Dem leadership knows that this will eventually get torpedoed on Constitutional grounds but that won't happen until AFTER the midterms. So, this plan can actually give them a twofer ...
1) buy votes for the midterm, and 2) get a free talking point for 2024 about how the 'mean, dastardly Republicans' took away money from deserving college graduates, etc.'
But to temper my own cynicism, I have read a couple of articles discussing the point that NO ONE may have standing to take this Executive Branch Constitutional Overreach case through the courts.
Biden voters should be ashamed of themselves. Hell, I don't even like DJT as a person.
