The 6-3 decision, with conservative justices in the majority, effectively killed the $400 billion plan, announced by President Joe Biden last year, and left borrowers on the hook for repayments that are expected to resume by late summer.
-WiscoDave
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WINNING !!!!
ReplyDeleteExcellent.
ReplyDeleteNot sure when people will get the idea that: the Supreme Court is there to interpret the written law, not supposed to be a 'interpret stuff so I can get what I want'. You don't like the decision, create a law that permits it. If you can't create that law, maybe not everyone agrees with your wants?
ReplyDeleteMade my day.
ReplyDeleteLet the caterwauling commence.
I'm waiting. I've got a couple leftist trolls here that insists we should pay their kid's student loans. I'm sure they'll chime in eventually.
DeleteJust because I called that godforsaken hellhole of a place "Bush's favorite sandbox" doesn't make me a leftist, dumbass. I voted for that PoS Bush twice. Because I was a sucker. Then I voted for McCain because even though I didn't trust his traitorous ass, he was better than a goddamn Chicago socialist from "Hawaii". Then I was happy as a pig in shit to vote for Trump, twice. I'm not a goddamn leftist. I'm a fucking realist. And I'd rather give up "my" "Social Security" payouts, and deprive Ukraine of our taxpayers money, and have it given to the younger generation, if that's the choice. My preference would be to have the debt declared void, and the universities' endowments seized and distributed to the graduates, coupled to banning academic loans entirely, but anything is better than what we have now. It's not fucking sustainable. Try working your way through a goddamn medical program to become a neurosurgeon. No loans allowed over 30k. It's impossible. And that's without including paying for residency applications. When everyone under 40 with any degree above bachelor is in debt so crippling they can't afford to get a damn care much less a house, and they've paid off the principal of the loan several times, we have a goddamn problem. And I'm not a selfish enough bastard to say "fuck you, I worked my way through when tuition and living expenses and books, and residency applications cost a fraction of what they are now, and I had the GI bill to help...so suck it up! I'll be dead before our society collapses!" to the younger generation. If we can raid Social Security for fucking Ukraine, and Chicago's pension disaster, we can do the same damn thing to help our kids. As in America's kids. And then we can punish the institutions that made it necessary, and ensure it never happens again. Miraculously our fucking economy will rebound like gangbusters. I know you won't post this, but at least think about it, okay numbnuts?
DeleteWhat can't go on, won't.
I wasn't talking about you, but if the shoe fits, wear it.
DeleteI didn't post your last comment because you were an abusive, rude motherfucker and still are, I see. Learn some fucking manners.
Every loan I've ever taken out, I found out what the payout was going to be if I paid this much a month or that much a month. If it was unreasonable, I didn't take it. I see no reason why the taxpayers should be burdened with somebody else's debt because they didn't bother to ask some simple fucking questions.
By the way, why would you even bring up your three tours in Bush's sandbox? Was I supposed to be impressed or what?
Anon @ 12:08 PM, while you make some good points in your rant, especially about the schools and their endowments, a larger factor is what types of degrees the modern generations are going for (many without any hope whatsoever of paying back even a modest loan) and the fact too many people kept deferring payments so they could live the extravagant modern American lifestyle. If someone has student loan debt and can't make payments on the salary of a doctor, lawyer, or Indian chief, then yes fuck them.
DeleteWe have way too many people that feel entitled to demand others take care of their problems. I am busy struggling to live my life on a meager salary (my own choices, yes), helping my family and friends when I can and refuse to help those that will not even try.
Brother, I used up every damn crayon I had writing three motherloving posts with as respectful and articulate ($5 words I'm gonna run outta crayons again) language as I could manage, making all kinds of points. And you didn't let a single goddamn one through. And I waited four damn days because I thought you might could have been composing a reply before letting em through. I might've had a bit to drink when I checked the last time, and I apologize for losing my temper. I've never been known for courtly manners, but I'm not proud of whatever it was I said, because I'm sure it was rude as a pissed off, drunk marine can get. And this is your place, not mine.
DeleteI don't want to get pissed again, if you decide not to let this one through too, and I don't have enough crayons to try resurrecting one of those posts anyway, so here, if you actually wanna understand this issue from the perspective of someone who'd agree with you about pretty much everydamn thing else, read this post by a feller lots smarter than me:
https://brianniemeier.com/2023/07/debt-zombies/
Keep your powder dry.
Okay, this is more like it. I don't mind a civil conversation, but I do tend to get testy if I feel somebody is being the same to me.
DeleteYou do need to know though, I've posted every comment from you except for the one I mentioned earlier. Blogger has a long standing history of not allowing people to post, or letting them post and their comment just not showing up. I have the same issue when I try and comment on other blogs using the same platform. What pisses me off is the fact that I can't do a damned thing about it on my end other than bitch to Blogger about it.
But yeah, I do appreciate you trying again, and I'll read your link after I have my coffee and get my shit together.
Read the link, thanks. I may post it when I come back next week.
DeletePeople should remember that it was Pres. Obama who made the student loans non-dischargeable in bankruptcy. people that take stupid degrees should learn the lesson right quick.
ReplyDeleteObummer had nothing to do with student loans being non-dischargeable in bankruptcy. It's always been that way. I filed for bankruptcy back in the 70s, and they were not dischargeable then and still aren't. You have to die, and if you are smart, you didn't consolidate your student loans with your spouse's because they get saddled with the balance of everybody's student loans.
DeleteThe smart person kept right on paying their student loans so that every nickle went to the principal, saving themselves a boatload of interest.
And that's a baldfaced lie. Federal student loans became nondischargeable in bankruptcy proceedings in 1976. Before then, debtors could discharge student loan debt along with most types of consumer debt.
DeleteThat ended in 1976 when Congress amended the Higher Education Act of 1965.
Stop. Lying.
If Colleges and Universities would return to admissions testing it would be a start to end student loans. Going to go out on a limb here and opine that half of college/university students do not belong there. Letting c and d average students in is setting them up for failure. Plus it is the student loan program that has caused tuitions to skyrocket.
ReplyDeleteI think this calls for a mandatory fuck Gropey Joe Biden. And fuck Barak Obama too!
ReplyDeleteYeah, who do these students think they are? Ukrainians?! The nerve...
ReplyDelete