"Grrr I hate it so much when loans are forgiven"

[LV426]

I didn't support any of that stimulus spending at the time or any of Trump's other proposals. You probably forgot that or if you did remember you got it wrong--you always get stuff backwards.

Well, I think you'll need to prove that.

And being silent on them is a tacit endorsement.

Like I said before, you haven't said SHIT about the PPP loan forgiveness over the past two years, but I am 100% certain you're going to bitch about student debt forgiveness for the next two years.

You thought Democrats blindly supported PPP, and it took 5 seconds of a Google search to prove you wrong.

A Google search you should have fucking done before opening that big, fat fucking mouth of yours to spew lies and bullshit.

It's always about that massive fucking ego of yours...that's where everything with you always ends up....this compulsion you have to posture, it totally warps your moral compass and results in bad faith.

That's why I call you Bad Faith Flash.

 

[Lao Tse]

No, taxpayers are winning here because 15M of them are having their debt wiped clean, and another 35M of them are having their payments capped at 5% of their income so that they can do more consumer spending, which creates jobs and wealth...LIKE YOU WANT.

Now, please proceed to argue in favor of less consumer spending.

as you see, you said 15m.

 

[Flash]

Flash, I've been through your posts, and you barely said SHIT about it.

Now you're inventing history in order to make yourself look better.

Pathetic.

No, the liberals did not say that about PPP loans. In fact, they said the opposite:

You usually attack me for opposing all those government spending programs and increasing the debt--like forgiving the college loans. Now you are accusing me of the opposite. Huge government spending programs thrown together to get the money into the economy are always going to result in waste. You favor most of that spending--I don't.

You told us Biden was going to pass Medicare-for-All.

 

[Flash]

It wasn’t a disaster

It got the job done

It saved the economy

Now we are cleaning up the mess created

The cheaters end up paying back and end up tainted for life

Lots of destroyed trump like cheaters who will never get a loan from anyone

Never let the perfect destroy the good

So Trump saved the economy? Your hero.

 

[LV426]

That was not me..

Are you 100% sure about that? You are an alcoholic, so maybe your memory isn't that great. Or maybe its that long COVID brain.

 

[LV426]

Noooooo, ... the money was LOANED ... by the taxpayer ... to the wealthy white lib.

Loaned by the government, which is why the government can forgive it.

Welcome to Finance 101.

And plenty "very fine people" are going to benefit from this too.

I think you're pissed that you didn't think of it first, so you can't claim the idea as yours.

 

[Flash]

Oh, they policed it Flash...they did exactly to the PPP loan program that they do to BIPOC; turn a blind eye to white people crimes and treat them with deference, but hold BIPOC to an entirely different set of standards.

Trump and the GOP knew exactly what they were doing with that PPP loan program because they made it clear what they were doing with it.

The problem with the program wasn't that it wasn't policed, it's that those in charge of it had very clear intentions and goals that they lied about.

Saying this now, nearly two years after the fact, does not make up for the 2 years of virtual silence from you about it.

But I guarantee that you're going to be bitching about student loan forgiveness for the next 2 years, aren't ya?

Again, you usually attack me because I oppose all that spending and the waste and fraud it always brings. Now, you think I should have opposed it---I always do. You can't have it both ways.

I knew you would inject race into the issue.

 

[LV426]

as you see, you said 15m.

15M PLUS 35M more who have their payments capped.

So 50M.

Is 50M 5% of taxpayers?

No.

Is 15M 5% of taxpayers?

Also, no.

15M would be 10% of all taxpayers, and 50M would be 35% of all taxpayers.

So this forgiveness helps 35% of all taxpayers in the US.

So please...continue arguing against that.

 

[Lao Tse]

The student loans being forgiven have already been spent. So they can't add any more to the debt. Also, because the government is the entity who made these loans, forgiving the debt obligation actually moves the debt off the books, which couldn't be done if these loans came from private lenders. It's basically a write off, which private companies do all the time to get out of debt. Warner Bros Discovery is proving that right now, if you're paying attention.

But since most Conservatives are fucking stupid like you, you'll just search for any jackass who validates your inherent biases because you've already made up your mind about this by being so reactionary.

This move will actually reduce the debt in the long run because now nearly 50M people have more money to spend in the consumer market, driving up demand, which drives job creation, innovation, and revenue.

the debt is added when banks are paid off for their loans which, YES was already paid out.

it's like you're an idiot through time.

 

[Lao Tse]

15M PLUS 35M more who have their payments capped.

So 50M.

Is 50M 5% of taxpayers?

No.

Is 15M 5% of taxpayers?

Also, no.

15M would be 10% of all taxpayers, and 50M would be 35% of all taxpayers.

So this forgiveness helps 35% of all taxpayers in the US.

So please...continue arguing against that.

but originally you did say 15.

Solution for 15 is what percent of 300:
15:300*100 =

(15*100):300 =

1500:300 = 5

Now we have: 15 is what percent of 300 = 5

Question: 15 is what percent of 300?

the rest is gibberish.

you're an imbecile.

 

[LV426]

You usually attack me for opposing all those government spending programs and increasing the debt--like forgiving the college loans

I attack you not because you oppose the programs, but because your opposition to them is rooted in your selfishness and ego, not along empirical facts.

And how can forgiving student loans add to the debt when they already were added the moment they were issued?

Does linear time not exist anymore?

The government is the entity that made the loans, and the government is the entity that forgives the loans which moves them off the books. Just like how businesses write off failures to get out of debt; which is precisely what Warner Bros Discovery is doing.

This is going to shrink the deficit and/or debt in the long run because now 50M people, 35% of all taxpayers, suddenly have way more money to spend in the consumer market, which is 70% of the economy, but drives 100% of the growth.

But that has never crossed your mind because your mind is closed, and you are incapable of thinking in terms beyond anything that has to do with you and your ego.

 

[evince]

So Trump saved the economy? Your hero.

That program did



Show us all how it didn’t?

 

[evince]

Any president would have done it


It was the only sane thing to do at that moment

 

[Flash]

I’d like to see which liberals said that, thanks. Are we talking a few hundred a month for food stamps or millions in ppp loans, I’ve never seen a liberal supporting the rip off of millions.

Food stamps and Medicare/Medicaid rip off billions by the super markets, truckers, food processors, medical providers and supply houses. Medicare estimates it loses $60 billion in fraud/waste annually. Read some of the IG reports on dentists, chiropractors and others who fraudulently make millions.

Evince has two posts supporting government spending even if a little fraud occurs.

 

[Flash]

That program did

Show us all how it didn’t?

How do you know the economy would have been destroyed without those programs? That was the justification Bush used for the bail out of financial institutions.

 

[Phantasmal]

Food stamps and Medicare/Medicaid rip off billions by the super markets, truckers, food processors, medical providers and supply houses. Medicare estimates it loses $60 billion in fraud/waste annually. Read some of the IG reports on dentists, chiropractors and others who fraudulently make millions.

Evince has two posts supporting government spending even if a little fraud occurs.

Again, fraud committed by businesses and I’ve never seen liberals state that it’s okay.

 

[Bigdog]

Loaned by the government, which is why the government can forgive it.

Welcome to Finance 101.

And plenty "very fine people" are going to benefit from this too.

I think you're pissed that you didn't think of it first, so you can't claim the idea as yours.

The politicians are supposed to represent all taxpayers, NOT just a special class, i.e. the wealthy white lib.

Nasty Nancy says Plugs is wrong to use an EO. She says it takes an act of congress.

I have always paid my debts. I think it a bad moral example.

Wealthy White libs will stop paying their student loans whether this is legal or not. Now, that you've dangled the forbidden fruit in their faces.

 

[LV426]

Now you are accusing me of the opposite. Huge government spending programs thrown together to get the money into the economy are always going to result in waste. You favor most of that spending--I don't.

Flash, first of all from 2020-2022 you said bupkis about the PPP loan forgiveness. So that means you either tacitly supported it, or were so clueless you had no idea it was happening.

Secondly, your opposition to government spending isn't rooted in any empirical facts or data; it's rooted in your ego. Because there is really no good argument against government stimulus spending, but there is good argument in how that spending is managed and by whom.

Because you are simplistic and binary, you don't make those distinctions because that would require effort and thought...and we know from your posts that you are purely reactionary. Just like how you're reactionary here with student loans. There are far, far more actual positive benefits to forgiving the debt of 15M consumers and capping the payments for 35M more, such as increased consumer spending, innovation, and job growth that comes from the increased demand of 50M people.

What are the downsides to forgiving the debt? None that aren't subjective.

 

[LV426]

You told us Biden was going to pass Medicare-for-All.

I never said that.

I said BERNIE would have, but not Biden.

My whole opposition to Biden in 2020 was that he didn't want M4A and didn't campaign on it.

Once again, your feeble mind is ravaged by the perils of dementia. Maybe you mixed up Bernie and Biden because they both start with the letter "B"?

 

[Life is Golden]

Will those who paid for their education be reimbursed?