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saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
the world economy was crashing in front of our eyes and no one knew how long it would last or how bad it would get. The PPP was so employers could pay people to stay home during the quarantine since all of our business were shut down.
that isn't happening right now. Biden is simply paying a few people's loan because he wants to.
its no different than the Biden Economists that blasted his stimulus plan that he HAD to pass and hand out a few Trillion $$ to pay for votes right after he was elected. Covid was ending. People were going back to work. Things were on the upswing. And yet he had to pretend like he needed to give out some more free money. They warned him it would lead to inflation, but buying votes is always more important. Strike while you have control of Congress. Never let a crisis go to waste.
saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
You understand that those loans were used to pay employees, right?
"When governments fear the people, there is liberty. When the people fear the government, there is tyranny."
saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
You understand that those loans were used to pay employees, right?
he has no idea the mountain of paperwork that was involved to document that literally every penny of it went into a paycheck. They had strict limits on how much qualified. For higher wage employees you could only count part of their paycheck.
saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
You understand that those loans were used to pay employees, right?
he has no idea the mountain of paperwork that was involved to document that literally every penny of it went into a paycheck. They had strict limits on how much qualified. For higher wage employees you could only count part of their paycheck.
Of course he doesnt. None of these Lefty fucks do and yet they say we are the uninformed ones.
"When governments fear the people, there is liberty. When the people fear the government, there is tyranny."
saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
You understand that those loans were used to pay employees, right?
he has no idea the mountain of paperwork that was involved to document that literally every penny of it went into a paycheck. They had strict limits on how much qualified. For higher wage employees you could only count part of their paycheck.
Oh?
The problem is not that there is evil in the world, the problem is that there is good. Because otherwise, who would care?
saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
You understand that those loans were used to pay employees, right?
he has no idea the mountain of paperwork that was involved to document that literally every penny of it went into a paycheck. They had strict limits on how much qualified. For higher wage employees you could only count part of their paycheck.
Oh?
The implication of your statement is that we should be just as upset about the PPP loans which were used to pay employees while the government shutdown businesses involuntarily as we are with student loan forgiveness. We are simply pointing out that they are not nearly the same.
"When governments fear the people, there is liberty. When the people fear the government, there is tyranny."
saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
You understand that those loans were used to pay employees, right?
he has no idea the mountain of paperwork that was involved to document that literally every penny of it went into a paycheck. They had strict limits on how much qualified. For higher wage employees you could only count part of their paycheck.
Oh?
The implication of your statement is that we should be just as upset about the PPP loans which were used to pay employees while the government shutdown businesses involuntarily as we are with student loan forgiveness. We are simply pointing out that they are not nearly the same.
Selective handouts are ok? Got it.
The problem is not that there is evil in the world, the problem is that there is good. Because otherwise, who would care?
saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
You understand that those loans were used to pay employees, right?
he has no idea the mountain of paperwork that was involved to document that literally every penny of it went into a paycheck. They had strict limits on how much qualified. For higher wage employees you could only count part of their paycheck.
Oh?
The implication of your statement is that we should be just as upset about the PPP loans which were used to pay employees while the government shutdown businesses involuntarily as we are with student loan forgiveness. We are simply pointing out that they are not nearly the same.
Selective handouts are ok? Got it.
you consider paychecks to be handouts? what in the fuck?
For Salty's sake. In order to make those two "handouts" the same, the government would have had to declare college a public health emergency and force people to take out student loans and go to college, then they could forgive the loans since they were only cooperating with a public health emergency.
if that was the case, i think you would see republicans get on board with it. like they did with the PPP loans.
You understand that those loans were used to pay employees, right?
he has no idea the mountain of paperwork that was involved to document that literally every penny of it went into a paycheck. They had strict limits on how much qualified. For higher wage employees you could only count part of their paycheck.
Oh?
The implication of your statement is that we should be just as upset about the PPP loans which were used to pay employees while the government shutdown businesses involuntarily as we are with student loan forgiveness. We are simply pointing out that they are not nearly the same.
Selective handouts are ok? Got it.
you consider paychecks to be handouts? what in the fuck?
Your cherry-picked fake-outrage makes me say the same.
The problem is not that there is evil in the world, the problem is that there is good. Because otherwise, who would care?
IMO, if this were a truly progressive move, they would have changed bankruptcy laws to allow people to write off student loan debt. Right now you can't. By allowing it to be written off in bankruptcy( or a portion at least) they would have been helping those assumed to be in financial need, and not just a broad swipe across the board.
I'm not saying I am in favor of loan forgiveness, but the way it is being implemented is lacking in nuance.
saltydog wrote: ↑Thu Aug 25, 2022 4:48 pm
There was very little objection to the forgiveness of 10.2 million Paycheck Protection Program (PPP) loans issued as of July 2022, with $72,500 being the average dollar amount forgiven.” -Heather Cox Richardson 08/25/22
PPP was to keep paying people who did nothing wrong to cause them to potentially lose their jobs. This forgiveness rewards people who made bad decisions to borrow money to go to colleges they could not afford. This forgiveness rewards bad behavior. If you signed for the loan, you should pay the bill.
College is not a right. If you can't afford it, don't go or work your butt off and pay for it. And if you do go to college, go to a school you can afford. It really is that simple.
How's this for an idea. Triple the amount to $30,000 but have it only apply to students who actually went after a useful degree like engineering, teaching, business, you know degrees that would actually boost their future incomes. Those that used it for things like Gender Studies, Art History, Tourism etc would be shit out of luck. And make that a permanent feature of any future student loan requirement.
CentralTexasCrude wrote: ↑Thu Aug 25, 2022 8:12 pm
How's this for an idea. Triple the amount to $30,000 but have it only apply to students who actually went after a useful degree like engineering, teaching, business, you know degrees that would actually boost their future incomes. Those that used it for things like Gender Studies, Art History, Tourism etc would be shit out of luck. And make that a permanent feature of any future student loan requirement.
how's this for an idea. Make them collateralize the loan up front like the rest of us and make it a learning experience along with being a loan.
CentralTexasCrude wrote: ↑Thu Aug 25, 2022 8:12 pm
How's this for an idea. Triple the amount to $30,000 but have it only apply to students who actually went after a useful degree like engineering, teaching, business, you know degrees that would actually boost their future incomes. Those that used it for things like Gender Studies, Art History, Tourism etc would be shit out of luck. And make that a permanent feature of any future student loan requirement.
how's this for an idea. Make them collateralize the loan up front like the rest of us and make it a learning experience along with being a loan.
Agree. I can think of several things along those lines.
CentralTexasCrude wrote: ↑Thu Aug 25, 2022 8:12 pm
How's this for an idea. Triple the amount to $30,000 but have it only apply to students who actually went after a useful degree like engineering, teaching, business, you know degrees that would actually boost their future incomes. Those that used it for things like Gender Studies, Art History, Tourism etc would be shit out of luck. And make that a permanent feature of any future student loan requirement.
how's this for an idea. Make them collateralize the loan up front like the rest of us and make it a learning experience along with being a loan.
Agree. I can think of several things along those lines.
CentralTexasCrude wrote: ↑Thu Aug 25, 2022 8:12 pm
How's this for an idea. Triple the amount to $30,000 but have it only apply to students who actually went after a useful degree like engineering, teaching, business, you know degrees that would actually boost their future incomes. Those that used it for things like Gender Studies, Art History, Tourism etc would be shit out of luck. And make that a permanent feature of any future student loan requirement.
how's this for an idea. Make them collateralize the loan up front like the rest of us and make it a learning experience along with being a loan.
Agree. I can think of several things along those lines.
Have a list of approved degrees (very carefully vetted) that a student can get a loan for. Have a list of degrees (again carefully vetted) that aren't approved. First consequence will be colleges/universities scrapping all faculty and funds (probably 20%) for degrees that aren't doing the students or society any good. Tuition will drop and useful programs will be boosted. At the time of loan payback, do a student education biopsy. If the student followed the rules, perhaps give them a break on payback dates or lowered rates. If they ended up using the loan for an unapproved degree, accelerate the payment schedule and lift the rates. Pesky old "personal responsibility" thing.
CentralTexasCrude wrote: ↑Thu Aug 25, 2022 9:50 pm
Have a list of approved degrees (very carefully vetted) that a student can get a loan for. Have a list of degrees (again carefully vetted) that aren't approved. First consequence will be colleges/universities scrapping all faculty and funds (probably 20%) for degrees that aren't doing the students or society any good. Tuition will drop and useful programs will be boosted. At the time of loan payback, do a student education biopsy. If the student followed the rules, perhaps give them a break on payback dates or lowered rates. If they ended up using the loan for an unapproved degree, accelerate the payment schedule and lift the rates. Pesky old "personal responsibility" thing.
I know why you have a grudge against educated people but you gotta let it go.