Joe Biden: The inflation, vacation and scandal President

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Animal
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Re: Joe Biden: The inflation and scandal President

#1526

Post by Animal »

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.
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Animal
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Re: Joe Biden: The inflation and scandal President

#1527

Post by Animal »

BigRedRetard wrote: Thu Aug 25, 2022 4:57 pm Obama Economist Blasts Biden Student Loan Forgiveness: Gasoline on a Fire

This says it all.

https://www.newsweek.com/jason-furman-o ... an-1736671
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.
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Re: Joe Biden: The inflation and scandal President

#1528

Post by CHEEZY17 »

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."
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Animal
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Re: Joe Biden: The inflation and scandal President

#1529

Post by Animal »

CHEEZY17 wrote: Thu Aug 25, 2022 5:26 pm
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.
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Re: Joe Biden: The inflation and scandal President

#1530

Post by CHEEZY17 »

Animal wrote: Thu Aug 25, 2022 5:40 pm
CHEEZY17 wrote: Thu Aug 25, 2022 5:26 pm
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. :lol:
"When governments fear the people, there is liberty. When the people fear the government, there is tyranny."
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Re: Joe Biden: The inflation and scandal President

#1531

Post by saltydog »

How on brand of both of you to assume anything and everything.
The problem is not that there is evil in the world, the problem is that there is good. Because otherwise, who would care?
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Re: Joe Biden: The inflation and scandal President

#1532

Post by saltydog »

Animal wrote: Thu Aug 25, 2022 5:40 pm
CHEEZY17 wrote: Thu Aug 25, 2022 5:26 pm
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?
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Re: Joe Biden: The inflation and scandal President

#1533

Post by CHEEZY17 »

saltydog wrote: Thu Aug 25, 2022 6:12 pm
Animal wrote: Thu Aug 25, 2022 5:40 pm
CHEEZY17 wrote: Thu Aug 25, 2022 5:26 pm
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."
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Re: Joe Biden: The inflation and scandal President

#1534

Post by saltydog »

CHEEZY17 wrote: Thu Aug 25, 2022 6:30 pm
saltydog wrote: Thu Aug 25, 2022 6:12 pm
Animal wrote: Thu Aug 25, 2022 5:40 pm
CHEEZY17 wrote: Thu Aug 25, 2022 5:26 pm
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?
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Re: Joe Biden: The inflation and scandal President

#1535

Post by Animal »

saltydog wrote: Thu Aug 25, 2022 6:32 pm
CHEEZY17 wrote: Thu Aug 25, 2022 6:30 pm
saltydog wrote: Thu Aug 25, 2022 6:12 pm
Animal wrote: Thu Aug 25, 2022 5:40 pm
CHEEZY17 wrote: Thu Aug 25, 2022 5:26 pm
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?
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Animal
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Re: Joe Biden: The inflation and scandal President

#1536

Post by Animal »

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.
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Re: Joe Biden: The inflation and scandal President

#1537

Post by Geist »

Conservatives are okay with an uneducated population because then they have more company.
Last edited by Geist on Thu Aug 25, 2022 7:15 pm, edited 1 time in total.
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Re: Joe Biden: The inflation and scandal President

#1538

Post by Geist »

That said, this was dumb without simultaneously enacting cost controls on higher ed.
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Re: Joe Biden: The inflation and scandal President

#1539

Post by saltydog »

Animal wrote: Thu Aug 25, 2022 6:43 pm
saltydog wrote: Thu Aug 25, 2022 6:32 pm
CHEEZY17 wrote: Thu Aug 25, 2022 6:30 pm
saltydog wrote: Thu Aug 25, 2022 6:12 pm
Animal wrote: Thu Aug 25, 2022 5:40 pm
CHEEZY17 wrote: Thu Aug 25, 2022 5:26 pm

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?
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Re: Joe Biden: The inflation and scandal President

#1540

Post by saltydog »

Geist wrote: Thu Aug 25, 2022 6:55 pm Conservatives are okay with an uneducated population then they have more company.
Gotta spend money on those "Let's Go Brandon" flags while complaining about government spending!
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Re: Joe Biden: The inflation and scandal President

#1541

Post by B-Tender »

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.
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Re: Joe Biden: The inflation and scandal President

#1542

Post by BigChiefin »

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.
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Re: Joe Biden: The inflation and scandal President

#1543

Post by CentralTexasCrude »

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.
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Re: Joe Biden: The inflation and scandal President

#1544

Post by Animal »

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.
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Re: Joe Biden: The inflation and scandal President

#1545

Post by CentralTexasCrude »

Animal wrote: Thu Aug 25, 2022 8:15 pm
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.
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Re: Joe Biden: The inflation and scandal President

#1546

Post by Geist »

CentralTexasCrude wrote: Thu Aug 25, 2022 8:21 pm
Animal wrote: Thu Aug 25, 2022 8:15 pm
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.
Lol no you can't.
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Re: Joe Biden: The inflation and scandal President

#1547

Post by CentralTexasCrude »

Geist wrote: Thu Aug 25, 2022 8:25 pm
CentralTexasCrude wrote: Thu Aug 25, 2022 8:21 pm
Animal wrote: Thu Aug 25, 2022 8:15 pm
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.
Lol no you can't.
Sure I can
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Re: Joe Biden: The inflation and scandal President

#1548

Post by CentralTexasCrude »

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.
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Re: Joe Biden: The inflation and scandal President

#1549

Post by Who »

I paid off my student loans before y'all were born.

School wasn't as expensive, I'm happy for the folks that got scammed by the conservative greed system, getting some relief.
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Re: Joe Biden: The inflation and scandal President

#1550

Post by Geist »

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.
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