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my bony fealty posted:shouting into the void here but it's so funny when senate democrats, the only people on the planet with the power to determine to fate of Joe biden's ostensible agenda, do poo poo like this when it's clear to anyone with two functioning brain cells that the senate dems could just like threaten to not move forward any Biden bill until he cancels student loan debt I, one of the 100 most powerful people in American lawmaking, am powerless to do anything.
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Apr 14, 2021 04:56
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Nichael posted:Look, I'm not a proponent of my friend's Torture for All legislation. I believe working families should have access to torture if they want it, Torture for Some. If you like your torturer, uhh, you can keep them
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Apr 14, 2021 05:01
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https://twitter.com/SabrinaSingh46/status/1382156730348539904
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Apr 14, 2021 05:05
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https://mobile.twitter.com/JulianCastro/status/1382010393141329924
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Apr 14, 2021 05:08
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The first woman speaker Pelosi inspired me after so many decades of male speaker Pelosies
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Apr 14, 2021 05:11
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Radirot posted:what about college loan forgiveness as part of a reparations package. i dont trust any current politician to use reparations as anything other then an excuse for why better things arent possible. At best reparations is just means testing, but woke (and inevitably racist as gently caress).
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Apr 14, 2021 05:15
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Yeah can we get a Fort Carlos Castillo Armas
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Apr 14, 2021 05:17
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Stewart only seems to be motivated by inhaled toxin related causes. Its a narrow niche, but somebody has to care I guess
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Apr 14, 2021 05:18
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looking forward to Blood Quantum determinations
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Apr 14, 2021 05:18
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Khive keeps trying to point out that higher earners have more loans to try to say that like loan forgiveness will mostly help wealthy families. But like no poo poo, the dentist will likely owe a lot more than the mcdonald's shift manager but that doesn't mean the dentist's parents were wealthy.
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Apr 14, 2021 05:19
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I could be wrong but there are lots of things named after Italians.
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Apr 14, 2021 05:19
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another historic day in the biden white house! biden only called pete "beau" seven times today!
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Apr 14, 2021 05:19
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The next border camp is going to be named Fort Francisco Franco
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Apr 14, 2021 05:19
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spacemang_spliff posted:Khive keeps trying to point out that higher earners have more loans to try to say that like loan forgiveness will mostly help wealthy families. give the mcdonald's employees free college, and higher wages
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Apr 14, 2021 05:20
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spacetoaster posted:No C-Spammer ever called me liberal. I'm pretty sure I called you a lib but tbf I didn't really mean it
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Apr 14, 2021 05:23
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Nichael posted:give the mcdonald's employees free college, and higher wages Yes
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Apr 14, 2021 05:23
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ate poo poo on live tv posted:i dont trust any current politician to use reparations as anything other then an excuse for why better things arent possible. At best reparations is just means testing, but woke (and inevitably racist as gently caress). To be fair, it is pretty impossible to do reparations for race-based chattel slavery without using race.
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Apr 14, 2021 05:24
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bedpan posted:looking forward to Blood Quantum determinations my town solved the “who gets reparations” by giving it to the alderwomans friends through a crazy definition of who qualified - had to be black and also live there between 1919-1969 or be the descendant
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Apr 14, 2021 05:24
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spacemang_spliff posted:Khive keeps trying to point out that higher earners have more loans to try to say that like loan forgiveness will mostly help wealthy families. Loan forgiveness will inherently disproportionately benefit the wealthy. Only about 33% of Americans even have a degree and only about 13% of them have existing loans. That doesn't mean it is bad policy, though.
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Apr 14, 2021 05:26
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mastershakeman posted:my town solved the “who gets reparations” by giving it to the alderwomans friends through a crazy definition of who qualified - had to be black and also live there between 1919-1969 or be the descendant The Spanish colonies solved this problem in a much more systematized fashion: 
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Apr 14, 2021 05:29
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Leon Trotsky 2012 posted:Loan forgiveness will inherently disproportionately benefit the wealthy. Only about 33% of Americans even have a degree and only about 13% of them have existing loans. You’re looking at it from the wrong angle in my opinion. It’s not about who is currently educated but the way it opens education up to people who see the potential debt as prohibitive. Any forgiveness obviously needs to be more than a one time jubilee. Education shouldn’t be something that you’re rolling the dice on enormous debt to get a shot at unless you come from wealth
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Apr 14, 2021 05:31
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Leon Trotsky 2012 posted:Loan forgiveness will inherently disproportionately benefit the wealthy. Only about 33% of Americans even have a degree and only about 13% of them have existing loans. the wealthy don’t have student loans. they have lovely interest rates and lovely rules (ie no discharge for bankruptcy, also interest is calculated in a worse way than normal). loans wealthy people have are those where the low interest rates and terms mean it makes sense to take out the loan. this is basically just mortgages
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Apr 14, 2021 05:32
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HashtagGirlboss posted:You’re looking at it from the wrong angle in my opinion. It’s not about who is currently educated but the way it opens education up to people who see the potential debt as prohibitive. Any forgiveness obviously needs to be more than a one time jubilee. Loan forgiveness without a guarantee of tuition-free (INCLUDING room and board) public education is not going to solve any long term problems.
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Apr 14, 2021 05:33
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Shipon posted:Loan forgiveness without a guarantee of tuition-free (INCLUDING room and board) public education is not going to solve any long term problems. correct but that’s not an argument against doing something really simple
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Apr 14, 2021 05:35
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Yeah, two weeks to get him juiced to the gills on whatever they give him to make him halfway lucid sounds about right
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Apr 14, 2021 05:35
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HashtagGirlboss posted:You’re looking at it from the wrong angle in my opinion. It’s not about who is currently educated but the way it opens education up to people who see the potential debt as prohibitive. Any forgiveness obviously needs to be more than a one time jubilee. Yeah, but they were specifically discussing loan forgiveness that Warren/Schumer was talking about. Not the other issues with long-term education costs. Shipon posted:Loan forgiveness without a guarantee of tuition-free (INCLUDING room and board) public education is not going to solve any long term problems. This ^^^
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Apr 14, 2021 05:36
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bedpan posted:The Spanish colonies solved this problem in a much more systematized fashion: it’s some crude fare for elites, like a rude podcast https://en.m.wikipedia.org/wiki/Casta posted:Casta paintings produced largely in 18th-century Mexico have influenced modern understandings of race in Spanish America - a concept which began infiltrating Bourbon Spain from France and Northern Europe during this time. They purport to show a fixed "system" of racial hierarchy which has been disputed by modern academia. These paintings should be evaluated as the production by elites in New Spain for an elite viewership in both Spanish territories and abroad, with sometimes pejorative portrayals of mixtures of Spaniards with other ethnicities. They are useful for understanding elites and their attitudes toward non-elites, and quite valuable as illustrations of aspects of material culture in the late colonial era.[5]
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Apr 14, 2021 05:36
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hobbesmaster posted:the wealthy don’t have student loans. they have lovely interest rates and lovely rules (ie no discharge for bankruptcy, also interest is calculated in a worse way than normal). loans wealthy people have are those where the low interest rates and terms mean it makes sense to take out the loan. this is basically just mortgages It depends what you mean by wealthy. The largest amount of student loans dollar wise are held by people making over $173k per year. 48% of all student debt is held by people with M.D.s, J.D.s, and Graduate degrees, but they only make up ~10% of the population.
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Apr 14, 2021 05:38
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Leon Trotsky 2012 posted:Loan forgiveness will inherently disproportionately benefit the wealthy. Only about 33% of Americans even have a degree and only about 13% of them have existing loans. Yes because becoming a dentist or a corporate lawyer is expensive. I'm not disputing that. The argument against loan forgiveness is that we shouldn't pay for the children of millionaires to get underwater basket weaving degrees. A dentist can conceivably come from a middle class family. Unfortunately usurious interest rates ensure that dentist will open an office in a suburban neighborhood putting braces on highschool students and not working where dental care is badly needed
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Apr 14, 2021 05:38
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Shipon posted:Loan forgiveness without a guarantee of tuition-free (INCLUDING room and board) public education is not going to solve any long term problems. I mean we’ve seen how easy it is to just stop making people pay right? Idk it’s imperfect but I see the combination of continued forbearance and periodic forgiveness being a pretty easy way to achieve backdoor federal funding of education. Obviously that’s too tenuous for the long run, but it could be a great short term bridge, especially if you had a president willing to keep it going for a full two terms and really lock it in as the expectation
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Apr 14, 2021 05:38
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Leon Trotsky 2012 posted:It depends what you mean by wealthy. The largest amount of student loans dollar wise are held by people making over $173k per year. income is not wealth A previously “poor” person that went to school and got one of those jobs is in a much worse situation than a wealthy person that did the same and thanks to compounding interest the gap only increases with time.
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Apr 14, 2021 05:40
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Loan forgiveness feels like one of those things where incremental progress isn't that bad. The end goal should be free education and no one should think otherwise but loan forgiveness would still help and even a one time jubilee would at least piss people off in a productive way. Which is also probably why any sort of loan forgiveness is a can they keep kicking for votes but never actually doing it.
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Apr 14, 2021 05:46
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if they forgive my loans its all going to weed products at the dispensary
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Apr 14, 2021 05:47
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20 Blunts posted:if they forgive my loans its all going to weed products at the dispensary Yeah, I got to make up for all the weed I didn't smoke because I was paying loans
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Apr 14, 2021 05:50
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every time I come back to this thread I spend a few minutes reading dem tweets and then black out and wake up days later with no memory of the intervening time
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Apr 14, 2021 05:51
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hobbesmaster posted:income is not wealth Yeah, some poor people go on to be doctors. But, the majority of doctors come from middle class and wealthy families. It's the same thing with the SALT deduction. Yes, there are a good chunk of middle class people (and a few very edge case poor people) that benefit from SALT, but the overwhelming majority of the benefit goes to people in the top 25% of incomes. That doesn't make loan forgiveness a bad policy, but trying to argue that loan forgiveness should be done because it will mostly benefit the poor is going to be a losing argument that gets you stuck debating how someone with a $173k annual income isn't really rich. Should just push for the policy on merits (macro and micro economic benefits + personal freedom), acknowledge that it disproportionately benefits the wealthy, but that it is a worthy goal despite that.
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Apr 14, 2021 05:54
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loan forgiveness is really cool because the president is already empowered to do it. Joe Biden can write and sign a one sentence order and have the issue wrapped up that very day. all of the discussion and concern about ways and means and who it will apply to are a smokescreen to conceal that Joe Biden could have done this day 1 and deliberately chose not to do so
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Apr 14, 2021 05:55
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Nichael posted:give the mcdonald's employees free college, and higher wages um how about instead of this you imprison them at the border to the tune of $270,000 per year? bing bong. very simple
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Apr 14, 2021 05:59
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im pleading with John Stewart to pay the country back for the damage his toxic centrism done to us
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Apr 14, 2021 05:59
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something I'd like to ask Warren is that "considering Joe Biden's well known hatred of you, do you think your proposals for debt relief make the project more or less likely to succeed?"
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Apr 14, 2021 06:01
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