Biden buying votes in November

[BigKobeFan]

He is going to cancel $10,000 in student loan debts.

[jstern]

That strategy could backfire. Imagine that you worked your ass off to pay off your student debts. Working multiple jobs. And then you see a person who sacrificed a lot less, lived more frivolous getting an extra $10,000. They're going to be pissed the f off.

And it's so random in a way. We're gong to randomly cancel your student debts, but what about the people in the future? So yes, it's clearly about buying votes.

[Patrick Chewing]

I expect a Reparations announcement any day now.

[Long Duck Dong]

Right when inflation is stabilizing too :lol

Let's forgive debt to a bunch of people, the majority of who don't really need it. Some really do need help, but a bunch of kids with rich or upper middle income parents are going to get it too unless they are living with them. Apparently Biden didn't learn anything from the Covid stimulus checks :lol

[Off the Court]

Right when inflation is stabilizing too :lol

Let's forgive debt to a bunch of people, the majority of who don't really need it. Some really do need help, but a bunch of kids with rich or upper middle income parents are going to get it too unless they are living with them. Apparently Biden didn't learn anything from the Covid stimulus checks :lol
You didn't attend college. It's federal debt only. There is no money being added to circulation with this. This is nothing like a stimulus check which was more of less just printing up new money and handing it out to everyone.

The students took out federal loans which they haven't had to pay anything on for years now due to covid, and the Gov is just forgiving $10,000 of that federal loan that they will soon have to return to paying off come January. So instead of resuming payments on a $60,000 loan it is now a $50,000 loan.

[RRR3]

Criticism for Biden on this should be because he’s not completely forgiving student loans. Anyone who is in favor of student debt is dumb as shit.

[Lakers Legend#32]

Donald Trump filled for bankruptcy six times, but OK.

[Long Duck Dong]

You didn't attend college. It's federal debt only. There is no money being added to circulation with this. This is nothing like a stimulus check which was more of less just printing up new money and handing it out to everyone.

The students took out federal loans which they haven't had to pay anything on for years now due to covid, and the Gov is just forgiving $10,000 of that federal loan that they will soon have to return to paying off come January. So instead of resuming payments on a $60,000 loan it is now a $50,000 loan.

Lol who said I didn't attend college? In any case, whenever people have money freed up that was supposed to be used up to pay the federal government whether it be in the form of debt forgiveness or tax credits, it will increase the individual's spending power and contribute to inflation. It will have the same effect as putting money in people's hands. The money that the government doesn't collect on this will have to eventually be printed or borrowed later on because of budgetary shortfalls

[Lakers Legend#32]

No Student Loan Forgiveness from the party that wants us to forgive an insurrection against our democracy.

[Off the Court]

Lol who said I didn't attend college? In any case, whenever people have money freed up that was supposed to be used up to pay the federal government whether it be in the form of debt forgiveness or tax credits, it will increase the individual's spending power and contribute to inflation. It will have the same effect as putting money in people's hands. The money that the government doesn't collect on this will have to eventually be printed or borrowed later on because of budgetary shortfalls

False. No one is gaining any spending power from this. That was already given to them when the Gov told them they didn't have to pay toward their federal loans at all. Payments are about to be turned back on now. All it is doing is making the upcoming nightmare a little bit less of a nightmare.

[Long Duck Dong]

False. No one is gaining any spending power from this. That was already given to them when the Gov told them they didn't have to pay toward their federal loans at all. Payments are about to be turned back on now. All it is doing is making the upcoming nightmare a little bit less of a nightmare.


Geezus H Christ :lol

It's no wonder smart people(or those that consider themselves smart) get into so much financial trouble and think to themselves, "Where did it all go wrong???"

[FultzNationRISE]

Criticism for Biden on this should be because he’s not completely forgiving student loans. Anyone who is in favor of student debt is dumb as shit.


Guys look, Rrr3 made an edgy post that has nothing to do with how things actually work in real life.

Everyone please notice him.

[BigKobeFan]

Donald Trump filled for bankruptcy six times, but OK.

TDS. This whole thing isn't about trump

[diamenz]

:applause:

10k only?

#BareMinimumBiden

it's about time slow joe helped some americans instead of sending all of our $ to ukraine. johnnysic get in here brah! (http://www.insidehoops.com/forum/showthread.php?506137-Are-democrats-or-republicans-more-harmful-to-the-country&p=14650287&viewfull=1#post14650287)

[JohnnySic]

:applause:

10k only?

#BareMinimumBiden

it's about time slow joe helped some americans instead of sending all of our $ to ukraine. johnnysic get in here brah! (http://www.insidehoops.com/forum/showthread.php?506137-Are-democrats-or-republicans-more-harmful-to-the-country&p=14650287&viewfull=1#post14650287)

You rang?

https://i.kym-cdn.com/photos/images/newsfeed/000/931/101/258.jpg

[diamenz]

i swear trump supporters will spin anything.

well they are right in that biden is just doing it for the votes... but i mean - welcome to politics people.

biden doesn't give two shits about the people he's helping. he said it himself (https://www.youtube.com/watch?v=WdXBrhV4B-I).

all that's important in the end is the policy and this is a good thing. it just doesn't go far enough.

[Lakers Legend#32]

Student Debt: $1.9 trillion

GOP tax cut for the rich: $1.9 trillion.

Remember this the next time some a-hole conservative tells you we can't afford to cancel student debt.

[jstern]

https://www.youtube.com/watch?v=7zD3gw_yQzs

That pissed off father at 7:54 basically expressed my earlier point. He worked his ass off to pay his debt. He's not going to get a refund. Meanwhile his buddy bought a car, vacationed and is going to get $10,000.

Low estimate, but this is going to cost around 300 billion dollars. Which averages out to $2,000 per tax payer. Even for those who never got the opportunity to go to college.

And it doesn't help minorities, black people. Between 69% and 73% of this 300 billion dollars is going to be handed out to people who are in the top 60% of income.

And even if you don't have any student debt, didn't go to college, etc, it's just something that is going to stimulate the fear of missing out emotion. Even if you're woke and in poverty, support Joe Biden 100%, it has to stimulate that emotion.

This is not free, we're all paying for it.

[Off the Court]

Low estimate, but this is going to cost around 300 billion dollars. Which averages out to $2,000 per tax payer. Even for those who never got the opportunity to go to college.

This is not free, we're all paying for it.

wtf are you talking about, this is federal debt only. Not private loans.

No one is paying anything for this. It's money the Gov just printed up and handed out for school with little to no interest attached to it. It's not like the Gov is going to pay billions to banks and lenders who lent out the money. They are just removing money that never existed in the first place.

No one should feel jealousy or envy over this. No one. Anyone feeling hatred over this is a douchebag. Even if they just got done paying off their federal loans.

[RogueBorg]

He is going to cancel $10,000 in student loan debts.

Why does someone making $125k/year need $10k in loans cancelled? I make 1/2 that and paid off my debt. They should be fired for being stupid.

[Jasper]

That strategy could backfire. Imagine that you worked your ass off to pay off your student debts. Working multiple jobs. And then you see a person who sacrificed a lot less, lived more frivolous getting an extra $10,000. They're going to be pissed the f off.

And it's so random in a way. We're gong to randomly cancel your student debts, but what about the people in the future? So yes, it's clearly about buying votes.

sounds like you must of paid 6 months for college , before you dropped out , and your shorts are all twisted up . lol

[Jasper]

Why does someone making $125k/year need $10k in loans cancelled? I make 1/2 that and paid off my debt. They should be fired for being stupid.

even though big cities appear to have the most population , a large amount of people live in rural areas where salaries are marginal from the cities.

[diamenz]

https://www.youtube.com/watch?v=7zD3gw_yQzs

That pissed off father at 7:54 basically expressed my earlier point. He worked his ass off to pay his debt. He's not going to get a refund. Meanwhile his buddy bought a car, vacationed and is going to get $10,000.

Low estimate, but this is going to cost around 300 billion dollars. Which averages out to $2,000 per tax payer. Even for those who never got the opportunity to go to college.

And it doesn't help minorities, black people. Between 69% and 73% of this 300 billion dollars is going to be handed out to people who are in the top 60% of income.

And even if you don't have any student debt, didn't go to college, etc, it's just something that is going to stimulate the fear of missing out emotion. Even if you're woke and in poverty, support Joe Biden 100%, it has to stimulate that emotion.

This is not free, we're all paying for it.

honest question. if it were trump that had done it, would you and fox be singing the same tune? i guarantee you that fox wouldn't be singing the same tune, so don't let them brainwash you.

"this isn't fair because people in the past paid off their debts". that's like saying "is it really fair to abolish indentured servitude because it's not fair to all of the people that were indentured servants". "are you sure this is fair because there's a lot of women who lived and died without getting the right to vote". by that logic, we can never do a good thing because people in the past didn't experience that good thing. :confusedshrug: funny how the "it isn't fair" arguments come from the same people that tell everyone that life isn't fair.

forgiving student loan debt doesn't increase the deficit. the deficit is increased at the time that the loans are initiated. the student applies, the loan is established and the $ is distributed to the school, increasing the deficit in that moment. forgiving the debt is just accepting the investment as an expense that won't be recouped. that aside, regarding the "it's socialism" argument, bush slapping $7 trillion on the national credit card with forever wars wasn't free. how much per taxpayer does that alone come out to? wall street bailouts to the tune of trillions of $ weren't free either (of which not only obama but trump took part in as well in 2020). how about trump's tax cuts that blew a $2 trillion hole in the deficit, of which 82% of those benefits permanently went to the rich? trump's 2020 airline and other industry bailouts. oh, and let's not forget the covid ppp loans that were forgiven... for the uber rich. where's all of the outrage from conservatives about that? i've never seen any real outrage here or anywhere else on social media regarding that spending. never seen a topic created. certainly not in the way conservatives are flipping out over this, anyway. the only conservatives here i can recall bringing this up more than once are shogon & cleverness. maybe zenmaster as well iirc. that's it.

doesn't help black people? :roll: so? what you should be outraged about is the fact that in order to recieve this benefit, you have to earn under 125k. that 'means testing' turns this into a welfare program instead of a universal one. that means people in the 85 percentile of earners (who are still considered middle class) are left out in the cold. just make it universal.


Millennials only hold 3% of total US wealth. That's a seventh of what baby boomers owned at their age, and it's partly because of the affordability crisis younger generations are facing. (https://www.businessinsider.in/thelife/news/millennials-only-hold-3-of-total-us-wealth-thats-a-seventh-of-what-baby-boomers-owned-at-their-age-and-its-partly-because-of-the-affordability-crisis-younger-generations-are-facing-/articleshow/72388520.cms)

https://i.insider.com/5de6a78efd9db209722b706a?width=1200


Survey: 90% Of Student Loan Borrowers Aren’t Ready To Pay Student Loans Again (https://www.forbes.com/sites/zackfriedman/2021/06/24/90-of-student-loan-borrowers-arent-ready-to-pay-student-loans/?sh=112ecaf10f11)


https://pbs.twimg.com/media/Fa5FT3bWAAAi73m.jpg


@ 3:15


https://youtu.be/q1GEoxKfIwo?t=195

funny how you would post a video of kayleigh mcenany who's the republican equivalent of jen psaki - her job exists to literally be a paid liar.

where's my n199a nanners at? he can put together a better argument for student loan forgiveness than i can.

[Patrick Chewing]

This will only backfire. This will only cause more spending.

[Bill Gates]

https://pbs.twimg.com/media/FSRr6U4XEAAf5xP.jpg

[BigKobeFan]

honest question. if it were trump that had done it, would you and fox be singing the same tune? i guarantee you that fox wouldn't be singing the same tune, so don't let them brainwash you.

"this isn't fair because people in the past paid off their debts". that's like saying "is it really fair to abolish indentured servitude because it's not fair to all of the people that were indentured servants". "are you sure this is fair because there's a lot of women who lived and died without getting the right to vote". by that logic, we can never do a good thing because people in the past didn't experience that good thing. :confusedshrug: funny how the "it isn't fair" arguments come from the same people that tell everyone that life isn't fair.

forgiving student loan debt doesn't increase the deficit. the deficit is increased at the time that the loans are initiated. the student applies, the loan is established and the $ is distributed to the school, increasing the deficit in that moment. forgiving the debt is just accepting the investment as an expense that won't be recouped. that aside, regarding the "it's socialism" argument, bush slapping $7 trillion on the national credit card with forever wars wasn't free. how much per taxpayer does that alone come out to? wall street bailouts to the tune of trillions of $ weren't free either (of which not only obama but trump took part in as well in 2020). how about trump's tax cuts that blew a $2 trillion hole in the deficit, of which 82% of those benefits permanently went to the rich? trump's 2020 airline and other industry bailouts. oh, and let's not forget the covid ppp loans that were forgiven... for the uber rich. where's all of the outrage from conservatives about that? i've never seen any real outrage here or anywhere else on social media regarding that spending. never seen a topic created. certainly not in the way conservatives are flipping out over this, anyway. the only conservatives here i can recall bringing this up more than once are shogon & cleverness. maybe zenmaster as well iirc. that's it.

doesn't help black people? :roll: so? what you should be outraged about is the fact that in order to recieve this benefit, you have to earn under 125k. that 'means testing' turns this into a welfare program instead of a universal one. that means people in the 85 percentile of earners (who are still considered middle class) are left out in the cold. just make it universal.









funny how you would post a video of kayleigh mcenany who's the republican equivalent of jen psaki - her job exists to literally be a paid liar.

where's my n199a nanners at? he can put together a better argument for student loan forgiveness than i can.

Kayleigh actually ethers reporters and have facts to back things up. Psaki has to circle back to you.

[Lakers Legend#32]

In response to all the board MAGAs being upset about college student loan relief, the GED Council has agreed to refund Poopsie and his Merry Band of Conservative F#cktards $24.99.

[diamenz]

Kayleigh actually ethers reporters and have facts to back things up. Psaki has to circle back to you.

kayleigh = psaki.

same shit, different styles of propaganda.

how can you see through the bullshit and hack journalists on cnn & nbc so clearly, but not fox?

it's the same

fuc*ing

shit.

paid liars. propogandists.

here's a conservative voice actually worth listening to:


https://www.youtube.com/watch?v=-F9PEq5hTRQ&t

[Lakers Legend#32]

GOP supported the PPP loan forgiveness program which overwhelmingly benefitted the top 20% income earners.

4.1 million PPP loans were forgiven.

The average dollar about was $95,700.

But $10K in student loans for low income people and the GQP rushes to condemn it.

No Shame.

[jstern]

honest question. if it were trump that had done it, would you and fox be singing the same tune? i guarantee you that fox wouldn't be singing the same tune, so don't let them brainwash you.

"this isn't fair because people in the past paid off their debts". that's like saying "is it really fair to abolish indentured servitude because it's not fair to all of the people that were indentured servants". "are you sure this is fair because there's a lot of women who lived and died without getting the right to vote". by that logic, we can never do a good thing because people in the past didn't experience that good thing. :confusedshrug: funny how the "it isn't fair" arguments come from the same people that tell everyone that life isn't fair.

forgiving student loan debt doesn't increase the deficit. the deficit is increased at the time that the loans are initiated. the student applies, the loan is established and the $ is distributed to the school, increasing the deficit in that moment. forgiving the debt is just accepting the investment as an expense that won't be recouped. that aside, regarding the "it's socialism" argument, bush slapping $7 trillion on the national credit card with forever wars wasn't free. how much per taxpayer does that alone come out to? wall street bailouts to the tune of trillions of $ weren't free either (of which not only obama but trump took part in as well in 2020). how about trump's tax cuts that blew a $2 trillion hole in the deficit, of which 82% of those benefits permanently went to the rich? trump's 2020 airline and other industry bailouts. oh, and let's not forget the covid ppp loans that were forgiven... for the uber rich. where's all of the outrage from conservatives about that? i've never seen any real outrage here or anywhere else on social media regarding that spending. never seen a topic created. certainly not in the way conservatives are flipping out over this, anyway. the only conservatives here i can recall bringing this up more than once are shogon & cleverness. maybe zenmaster as well iirc. that's it.

doesn't help black people? :roll: so? what you should be outraged about is the fact that in order to recieve this benefit, you have to earn under 125k. that 'means testing' turns this into a welfare program instead of a universal one. that means people in the 85 percentile of earners (who are still considered middle class) are left out in the cold. just make it universal.









funny how you would post a video of kayleigh mcenany who's the republican equivalent of jen psaki - her job exists to literally be a paid liar.

where's my n199a nanners at? he can put together a better argument for student loan forgiveness than i can.

In my original post I wrote how this type of handout is just going to piss people off. And not just the people who went to college, graduated and worked their ass off to pay off their debt, and thus don't qualify for the $10,000. But it's even going to piss off the people who never went to college, or who went to college 40 years ago. And that has very little to do with politics, and more to do with human nature.

Later I watched a video where a pissed off father showed that anger. I could waste time and try to look for just that clip, but the clip also contained other information that I read in the newspaper. Such as how much money is going to be forgiven, and what that averages out to.

And you blew your lid off because Kayleigh McEnany is one of the people in the video? I didn't even know that the video even contained her name. I thought she was just one of the panelist.

If Kayleigh McEnany produces so much anger to the point where the things mentioned doesn't matter, distracts, then now I know not to embed videos with her on it.

The doesn't even help black people was a joke, sort of sarcasm for the ones here who are really into identity politics.

Trump is pro vaccine, I'm not. In an alternate universe where Trump did this instead of Biden, my views on human nature and how it stimulates the fear of missing out, for a lack of a better term, would be 100% the same.

Here's an embedded video from ABC NEWS, which doesn't contain people in it.


https://youtu.be/BtCwtuc63Hw

Personally, I think it's a shame that people just don't know how much money is being spent on Ukraine, but not really Ukraine. Another day another 3 billion is going to be given to Ukraine, but the money is going to go directly to buying weapons. But such news, even if it was reported on, on say CNN, wouldn't stimulate the fear of missing out emotion, for a lack of a better term. And thus less outrage from all.

[Lakers Legend#32]

If you're upset about other people's getting a fraction of their student loan debt eliminated,

it's because you are a horrible person.

[diamenz]

In my original post I wrote how this type of handout is just going to piss people off. And not just the people who went to college, graduated and worked their ass off to pay off their debt, and thus don't qualify for the $10,000. But it's even going to piss off the people who never went to college, or who went to college 40 years ago. And that has very little to do with politics, and more to do with human nature.

Later I watched a video where a pissed off father showed that anger. I could waste time and try to look for just that clip, but the clip also contained other information that I read in the newspaper. Such as how much money is going to be forgiven, and what that averages out to.

And you blew your lid off because Kayleigh McEnany is one of the people in the video? I didn't even know that the video even contained her name. I thought she was just one of the panelist.

If Kayleigh McEnany produces so much anger to the point where the things mentioned doesn't matter, distracts, then now I know not to embed videos with her on it.

The doesn't even help black people was a joke, sort of sarcasm for the ones here who are really into identity politics.

Trump is pro vaccine, I'm not. In an alternate universe where Trump did this instead of Biden, my views on human nature and how it stimulates the fear of missing out, for a lack of a better term, would be 100% the same.

Here's an embedded video from ABC NEWS, which doesn't contain people in it.


https://youtu.be/BtCwtuc63Hw

Personally, I think it's a shame that people just don't know how much money is being spent on Ukraine, but not really Ukraine. Another day another 3 billion is going to be given to Ukraine, but the money is going to go directly to buying weapons. But such news, even if it was reported on, on say CNN, wouldn't stimulate the fear of missing out emotion, for a lack of a better term. And thus less outrage from all.

so are you for or against forgiving student loans?

i also can't comprehend how some of you actually watch fox news while at the same time decrying cnn & msnbc (rightfully so) to the tenth degree. it makes zero sense.

[kabar]

Republicans and Fox News are shooting themselves in the foot with this one. When people look at the amount wasted in the middle east and now in Ukraine, $500b is a drop in the bucket to most Americans and most Americans aren't paying attention anyways.
They are largely disengaged but the people with debt aren't. The chances of Democrats controlling the house got much higher with the Supreme Court decision and now this. If Republicans fight this harder, you'll see a lot of pissed off college students going to the polls, up to $20k incentive to go vote. :oldlol:
Goes to show how out of touch Republicans are currently when the big push to college educate EVERYONE has been happening for the last 20 years. A lot of people who were better off in trade schools or apprenticeships were pushed into cookie cutter paths of college degrees(some useless) and ended up with bad grades and thousands of dollars in student loan debt.

[BigKobeFan]

Republicans and Fox News are shooting themselves in the foot with this one. When people look at the amount wasted in the middle east and now in Ukraine, $500b is a drop in the bucket to most Americans and most Americans aren't paying attention anyways.
They are largely disengaged but the people with debt aren't. The chances of Democrats controlling the house got much higher with the Supreme Court decision and now this. If Republicans fight this harder, you'll see a lot of pissed off college students going to the polls, up to $20k incentive to go vote. :oldlol:
Goes to show how out of touch Republicans are currently when the big push to college educate EVERYONE has been happening for the last 20 years. A lot of people who were better off in trade schools or apprenticeships were pushed into cookie cutter paths of college degrees(some useless) and ended up with bad grades and thousands of dollars in student loan debt.

you are stupid again as usual. Pissed off college students already vote demoRats. This only pisses off the working class. The Mexican union workers who didn't go to college but worked fore their money, the blacks who never went to college, the white hicks who never went to college, the rich whites that paid off their grandkid's debts, the asians who paid off their student loans already. Those are the votes that you need. Not the college students that you already have.

[kabar]

you are stupid again as usual. Pissed off college students already vote demoRats. This only pisses off the working class. The Mexican union workers who didn't go to college but worked fore their money, the blacks who never went to college, the white hicks who never went to college, the asians who paid off their student loans already. Those are the votes that you need. Not the college students that you already have.
Okay, we'll see. I predict Democrats retain control of both House and Senate. Have you seen the losses Republicans have been having in New York? Bad sign for Republicans. Ditch Trump while you can.

[Off the Court]

The only people I see that are pissed about this are tribal sheep Trumpers without degrees.

Every citizen in every situation should prefer a country full of college educated people. It makes the country better for everyone not just the student.

[Patrick Chewing]

The only people I see that are pissed about this are tribal sheep Trumpers without degrees.

Every citizen in every situation should prefer a country full of college educated people. It makes the country better for everyone not just the student.

We are smarter and better than brainwashed Liberals. Quit talking about Trump 24/7 and maybe you'll do something with your life for a change.

[BigKobeFan]

Okay, we'll see. I predict Democrats retain control of both House and Senate. Have you seen the losses Republicans have been having in New York? Bad sign for Republicans. Ditch Trump while you can.

You were also so sure that Bill Barr was going to get trump thrown in jail. New York is a liberal cesspool

But have you seen what Mayra Flores did to South Texas though?

[Off the Court]

We are smarter and better than brainwashed Liberals. Quit talking about Trump 24/7 and maybe you'll do something with your life for a change.

Says the guy who just made a Trump thread this morning :oldlol:

Smarter and better.

[bladefd]

If you're upset about other people's getting a fraction of their student loan debt eliminated,

it's because you are a horrible person.

Those buffoons complaining are getting trampled themselves by the wealthy and enjoy watching others get trampled too with them. They are miserable bastards.

[Hey Yo]

It just gives colleges another reason to raise tuition.

[Patrick Chewing]

Says the guy who just made a Trump thread this morning :oldlol:

Smarter and better.

Wrong, dummy. I made a thread mocking Liberals.


This is literally you:

https://i.ibb.co/CHc0B7q/rentfree.jpg

[Off the Court]

Wrong, dummy. I made a thread mocking Liberals.


This is literally you:

https://i.ibb.co/CHc0B7q/rentfree.jpg

No you made a thread about Trump and that is actually a picture of you only instead of holding your head you're fingering your butthole.

[Lakers Legend#32]

Wrong, dummy. I made a thread mocking Liberals.


This is literally you:

https://i.ibb.co/CHc0B7q/rentfree.jpg

Poopsie's wet dream

[ShawkFactory]

It just gives colleges another reason to raise tuition.

It’s a step towards regulations on tuition.

[rmt]

wtf are you talking about, this is federal debt only. Not private loans.

No one is paying anything for this. It's money the Gov just printed up and handed out for school with little to no interest attached to it. It's not like the Gov is going to pay billions to banks and lenders who lent out the money. They are just removing money that never existed in the first place.

No one should feel jealousy or envy over this. No one. Anyone feeling hatred over this is a douchebag. Even if they just got done paying off their federal loans.

NOTHING is for free (those colleges still get paid tuition) - this is just a transfer of who pays - instead of the person who took out the loan, it's the tax payer (or FUTURE taxpayer). I had an agreement with my kids - only state college and no debt - I scrimped and saved their whole lives to accomplish that and now you expect me to pay for people who were irresponsible, took on debt (maybe at some expensive university) or lived a higher standard of living? That man (speaking to Elizabeth Warren) in the previous video had it correctly - I am SERIOUSLY PISSED!!!

This PENALIZES people who did it the right way and ENCOURAGES people to do irresponsible borrowing. We won't even talk about the people who didn't go college because they couldn't afford it. And it ENCOURAGES colleges to raise their tuition to match.

What about medical debt? mortgage debt? auto loan debt? credit card debt? Do you not see the slippery slope from this policy? And what are we teaching our young people? To not work hard and be fiscally irresponsible.

And for households with income up to $250,000? Crazy.

[rmt]

I haven't read the whole thread - The president does not have power of the purse/appropriations - that is for the House/Congress (you know, separation of powers). He is using the Heroes Act to "wipe away" this debt - are all these borrowers "heroes"? Another re-definition of words - just like we aren't in a recession.

And what will this do to inflation? This means more money (to spend) in the economy - he is counteracting the raises in interest rates that the Federal Reserve has been doing - it just means more raising of interest rates which caused the 1000+ point drop in the stock market on Friday - more inflation and erosion of value of our assets - more pain for the rest of us. But does he care - just more votes for him.

[diamenz]

only wall street executives who gamble with other people's $ deserve bailouts, not middle class working people.

[Lakers Legend#32]

Notice all the MAGAs whining the most do not have degrees.

[rmt]

only wall street executives who gamble with other people's $ deserve bailouts, not middle class working people.

Do you consider household income of $250,000 middle class? That's like top 6-7% of earners.

[rmt]

Notice all the MAGAs whining the most do not have degrees.

What does having a degree or not have to do with this? You want the people with no degrees paying for the ones with degrees?

[diamenz]

Do you consider household income of $250,000 middle class? That's like top 6-7% of earners.

so? are they the only ones benefiting? the majority of those benefiting from this program are the middle class. way to go to the extreme there.

besides, every borrower was already 'means tested' - they didn't have the 'means' to pay for out-of-control college costs. am i really supposed to believe that those making 250k are sitting on debt? am i supposed to believe students coming from the top 7% of families took out a loan in the first place? :rolleyes:

[rmt]

so? are they the only ones benefiting? the majority of those benefiting from this program are the middle class. way to go to the extreme there.

besides, every borrower was already 'means tested' - they didn't have the 'means' to pay for out-of-control college costs. am i really supposed to believe that those making 250k are sitting on debt? am i supposed to believe students coming from the top 7% of families took out a loan in the first place? :rolleyes:

And do you really believe that these NOW top 7% of families were in the top 7% of family income when they TOOK out the loan. Like those attorneys, bankers, managers who are NOW top 7% of families were in the top 7% when they took out loans in their undergraduate and graduate years (when they weren't earning money YET) and are raking it in now?

It's not their income when they took out the loan - it's their income NOW and at that income, they should not be getting a handout from taxpayers to pay for what they can well afford NOW.

[diamenz]

And do you really believe that these NOW top 7% of families were in the top 7% of family income when they TOOK out the loan. Like those attorneys, bankers, managers who are NOW top 7% of families were in the top 7% when they took out loans in their undergraduate and graduate years (when they weren't earning money YET) and are raking it in now?

It's not their income when they took out the loan - it's their income NOW and at that income, they should not be getting a handout from taxpayers to pay for what they can well afford NOW.

you think those bankers and attorneys are sitting on their college debt?

[BigKobeFan]

Notice all the MAGAs whining the most do not have degrees.

Even with a college degree, you are an idiot

[Patrick Chewing]

Even with a college degree, you are an idiot

That guy at best has a GED and that's it. You can just tell he is extremely low-IQ and borderline mentally retarded.

[rmt]

you think those bankers and attorneys are sitting on their college debt?

Yes, because interest rates on federally subsidized student loans are lower than private loans.

[diamenz]

Yes, because interest rates on federally subsidized student loans are lower than private loans.

if you think high rolling, workaholic conservative types are waking up every morning with the burden of debt lingering in the back of their mind, then man... you can believe whatever you think helps your argument.

i can't imagine how enraged you must have been over $7 trillion in forever wars in the middle east the way you're flipping out over this.

...and maybe you were, i dunno... you do seem genuine in your argument. most of the people flipping out over this weren't though so their arguments hold no merit.

[bladefd]

NOTHING is for free (those colleges still get paid tuition) - this is just a transfer of who pays - instead of the person who took out the loan, it's the tax payer (or FUTURE taxpayer). I had an agreement with my kids - only state college and no debt - I scrimped and saved their whole lives to accomplish that and now you expect me to pay for people who were irresponsible, took on debt (maybe at some expensive university) or lived a higher standard of living? That man (speaking to Elizabeth Warren) in the previous video had it correctly - I am SERIOUSLY PISSED!!!

This PENALIZES people who did it the right way and ENCOURAGES people to do irresponsible borrowing. We won't even talk about the people who didn't go college because they couldn't afford it. And it ENCOURAGES colleges to raise their tuition to match.

What about medical debt? mortgage debt? auto loan debt? credit card debt? Do you not see the slippery slope from this policy? And what are we teaching our young people? To not work hard and be fiscally irresponsible.

And for households with income up to $250,000? Crazy.

I went to an in-state public university and commuted every day from home. No worry about paying out-of-state tuition fee or obscene dorm fees. Between federal student aid, state student aid, scholarship, and paying off the remaining ~$1000 each semester, I didn't have to take any loans. I had zero debt when I finished.

People need to be wiser when doing college search. A friend of mine wanted to get away from home. He went to Arizona state university for "hot girls". He paid out-of-state fees, paid dorm fees, got less in federal student aid, got no state aid. He got same degree as me but is in at least 80k debt. I have not talked with him in years so I don't know if he paid it off yet.

[theman93]

It’s a step towards regulations on tuition.

Nah. Bailing out the victims of a predatory system while leaving the predatory system intact is ultimately a bailout for a predatory system. It's an attempt at relieving the symptom, rather than curing the disease.

[diamenz]

Nah. Bailing out the victims of a predatory system while leaving the predatory system intact is ultimately a bailout for a predatory system. It's an attempt at relieving the symptom, rather than curing the disease.

true, true.

[oldtimer28]

NOTHING is for free (those colleges still get paid tuition) - this is just a transfer of who pays - instead of the person who took out the loan, it's the tax payer (or FUTURE taxpayer). I had an agreement with my kids - only state college and no debt - I scrimped and saved their whole lives to accomplish that and now you expect me to pay for people who were irresponsible, took on debt (maybe at some expensive university) or lived a higher standard of living? That man (speaking to Elizabeth Warren) in the previous video had it correctly - I am SERIOUSLY PISSED!!!

This PENALIZES people who did it the right way and ENCOURAGES people to do irresponsible borrowing. We won't even talk about the people who didn't go college because they couldn't afford it. And it ENCOURAGES colleges to raise their tuition to match.

What about medical debt? mortgage debt? auto loan debt? credit card debt? Do you not see the slippery slope from this policy? And what are we teaching our young people? To not work hard and be fiscally irresponsible.

And for households with income up to $250,000? Crazy.


Good post.

[Lakers Legend#32]

Pastor Poopsie to his congregation on IHS Maga Evangelicals.

Pastor Poopsie: "Cancelling student loans is immoral. This is why we need a Government based on the Bible."

Deuteronomy 15: "At the end of every seven years you must cancel debts. This is how: Every creditor shall cancel any loan they have made."

Pastor Poopsie: "Not that part of the Bible."

[rmt]

I went to an in-state public university and commuted every day from home. No worry about paying out-of-state tuition fee or obscene dorm fees. Between federal student aid, state student aid, scholarship, and paying off the remaining ~$1000 each semester, I didn't have to take any loans. I had zero debt when I finished.

People need to be wiser when doing college search. A friend of mine wanted to get away from home. He went to Arizona state university for "hot girls". He paid out-of-state fees, paid dorm fees, got less in federal student aid, got no state aid. He got same degree as me but is in at least 80k debt. I have not talked with him in years so I don't know if he paid it off yet.

Exactly - you made wise decisions and ended up with the same degree as he did with no debt. He made foolish decisions and has a ton of debt and now they want us to pay for their stupidity.

[rmt]

Pastor Poopsie to his congregation on IHS Maga Evangelicals.

Pastor Poopsie: "Cancelling student loans is immoral. This is why we need a Government based on the Bible."

Deuteronomy 15: "At the end of every seven years you must cancel debts. This is how: Every creditor shall cancel any loan they have made."

Pastor Poopsie: "Not that part of the Bible."

You refer to MAGA like it's a negative. Truly think about the words. Wait until China takes over as the world reserve currency and calls in the US' trillions of dollars of debt (some think we can just keep printing). Then you'll long for America to be great again.

[Off the Court]

You refer to MAGA like it's a negative. Truly think about the words. Wait until China takes over as the world reserve currency and calls in the US' trillions of dollars of debt (some think we can just keep printing). Then you'll long for America to be great again.

The US Dollar is stronger than it has been in over 20 years and the US debt to China is the lowest it's been in 12 years, under $1T.

[bladefd]

You refer to MAGA like it's a negative. Truly think about the words. Wait until China takes over as the world reserve currency and calls in the US' trillions of dollars of debt (some think we can just keep printing). Then you'll long for America to be great again.

Not yet. China as world currency is still at least a decade away minimum, if not decades. They themselves are on very shaky ground due to currency manipulation (other countries don't trust them), housing crisis that could burst at any time & take Chinese economy under, and massive debt they carry. Their threats to every country in South China sea is not helping their cause either. They are making enemies of everyone. To become the world reserve currency, you need most of the developed countries around the world to buy in. China is not going in the right direction.

[Lakers Legend#32]

Conservatives Squealing: "Student loan cancelation would be a moral hazard."

Conservatives Not Squealing:

Auto industry bailout

Cruiseline bailout

Airline bailout

2008 Bank bailout

PPP loan forgiveness

Massive tax cuts for billionaires

[Lakers Legend#32]

That guy at best has a GED and that's it. You can just tell he is extremely low-IQ and borderline mentally retarded.

Trump hates me.

He loves Poopsie because as Trump said, "I love the poorly educated."

[rmt]

Not yet. China as world currency is still at least a decade away minimum, if not decades. They themselves are on very shaky ground due to currency manipulation (other countries don't trust them), housing crisis that could burst at any time & take Chinese economy under, and massive debt they carry. Their threats to every country in South China sea is not helping their cause either. They are making enemies of everyone. To become the world reserve currency, you need most of the developed countries around the world to buy in. China is not going in the right direction.

I'm thinking longer term. With the climate change direction that US is taking (see California/Virginia outlawing sale of gas cars in 2035) and most of the raw material needed to make the batteries, solar panels, etc. controlled by China, our energy will be controlled by China. We already see (and it will worsen this winter), Europe in a stranglehold from Russia controlling their energy. This climate change push to the exclusion of all (I still cannot believe that a President would allow Americans to suffer so with high energy prices [and increase in inflation since energy touches everything] when we've got oil right under our feet) but it's like a religion to them.

China (and India) are probably laughing at the US over climate change. China is opening even more coal based plants - they don't care about the environment. They are hell bent on doing everything so that they are the only world power and the US will allow it - I think the US will bend its knee to China's control over green energy raw material (see how they have bought up a lot of the world wide mines). We've already seen the NBA and other companies bend its knee to China - it will be worse with them controlling (electric car) battery raw materials.

Ditto for all the other developed countries who are under the spell of climate change (see the Dutch farmers - FOOD - for God's sake).

[Doomsday Dallas]

I still cannot believe that a President would allow Americans to suffer so with high energy prices

More than 20 million Americans are behind on their utility bills

https://www.usatoday.com/story/money/2022/08/24/20-million-americans-are-behind-on-their-utility-bills/7884197001/?gnt-cfr=1




More then 20 million U.S. households are currently behind on utility bills.
Household electricity charges are up 15.2 percent over last summer.
Some utilities report a more than 40% jump in the number of customers being shut off since pre-pandemic.

[bladefd]

I'm thinking longer term. With the climate change direction that US is taking (see California/Virginia outlawing sale of gas cars in 2035) and most of the raw material needed to make the batteries, solar panels, etc. controlled by China, our energy will be controlled by China. We already see (and it will worsen this winter), Europe in a stranglehold from Russia controlling their energy. This climate change push to the exclusion of all (I still cannot believe that a President would allow Americans to suffer so with high energy prices [and increase in inflation since energy touches everything] when we've got oil right under our feet) but it's like a religion to them.

China (and India) are probably laughing at the US over climate change. China is opening even more coal based plants - they don't care about the environment. They are hell bent on doing everything so that they are the only world power and the US will allow it - I think the US will bend its knee to China's control over green energy raw material (see how they have bought up a lot of the world wide mines). We've already seen the NBA and other companies bend its knee to China - it will be worse with them controlling (electric car) battery raw materials.

Ditto for all the other developed countries who are under the spell of climate change (see the Dutch farmers - FOOD - for God's sake).

We are trying to become energy independent so we don't have to rely on anyone, including China or fossil fuels. We already drill the most oil out of anyone in the world. We drill enough oil to quench our nation's needs. How much more oil do you think we need? This is one point conservatives are quick to glaze over. We also produce the most natural gas out of anyone in the world. LNG is not good but much cleaner (& cheaper) than oil or coal.

We are already technically oil-independent since we pump more oil than we use. The problem is oil companies are exporting a chunk of that oil to overseas buyers. Instead of bitching about our president being resistant to "DRILL BABY DRILL", perhaps some of the blame should land on the oil companies for pocketing extra profits by exporting a chunk of the oil drilled on American land. Why do conservatives not say anything about those oil companies making record profits? Are we supposed to just ignore that?

So if China/India doesn't care about the environment, should we not either? China has so much control over raw materials mines and stuff because they don't give a shit about the environment. We know that. That doesn't mean we should behave the same way. There are multiple reasons why China is not respected on the world stage or taken seriously, and their environmental violations is one of those reasons. Others include child slave labor, raising hell in South China Sea, genocide/ethnic cleansing in Xinjiang, a non-Democratic authoritarian regime with one man in power for life, currency manipulation, CCP controlling everything, etc.

You need most of the developed world to completely and thoroughly buy into the Chinese way of doing things, and I simply do not see it happening. Certainly not within the next decade. I ultimately don't ever see democratic nation accepting the Chinese way of doing things and fully opening their arms to that way of living under one man in power for life.

[Lakers Legend#32]

"Don't take out loans you can't afford."

Says the people defending Trump, a lifetime grifter who's declared bankruptcy 7 times.

[rmt]

We are trying to become energy independent so we don't have to rely on anyone, including China or fossil fuels. We already drill the most oil out of anyone in the world. We drill enough oil to quench our nation's needs. How much more oil do you think we need? This is one point conservatives are quick to glaze over. We also produce the most natural gas out of anyone in the world. LNG is not good but much cleaner (& cheaper) than oil or coal.

We are already technically oil-independent since we pump more oil than we use. The problem is oil companies are exporting a chunk of that oil to overseas buyers. Instead of bitching about our president being resistant to "DRILL BABY DRILL", perhaps some of the blame should land on the oil companies for pocketing extra profits by exporting a chunk of the oil drilled on American land. Why do conservatives not say anything about those oil companies making record profits? Are we supposed to just ignore that?

So if China/India doesn't care about the environment, should we not either? China has so much control over raw materials mines and stuff because they don't give a shit about the environment. We know that. That doesn't mean we should behave the same way. There are multiple reasons why China is not respected on the world stage or taken seriously, and their environmental violations is one of those reasons. Others include child slave labor, raising hell in South China Sea, genocide/ethnic cleansing in Xinjiang, a non-Democratic authoritarian regime with one man in power for life, currency manipulation, CCP controlling everything, etc.

You need most of the developed world to completely and thoroughly buy into the Chinese way of doing things, and I simply do not see it happening. Certainly not within the next decade. I ultimately don't ever see democratic nation accepting the Chinese way of doing things and fully opening their arms to that way of living under one man in power for life.

And how do we become energy independent by moving TOO quickly (when we don't have the infrastructure) to electric vehicles especially when China has control over most of the raw materials that make the EV batteries? We will be dependent on China.

We should drill and export gas/natural so that Europe is not dependent on Russia. Why should Putin get rich and fund his war? Take away his money/harm his economy and boost ours.

Yes, we see all the bad stuff that China does but does the NBA, Apple or other companies have anything to say about all this bad stuff? No, because they are entwined and dependent on China for their huge market, low paying labor, etc. What do you think will happen when we are forced to convert to EVs by our own government and everyone is beholden to China for the raw materials for these EV batteries?

What will principles mean when the country's economy grinds to a halt because you can't transport stuff or get to work? Are principles stopping the NBA, Apple and other companies now regarding China over much less important things (like sneakers) than ENERGY? And have you nothing to comment about the millions in subsidies to solar (Solyndra), electric vehicles, etc.

Countries will not need to buy into any of China's philosophies when they are energy dependent on China - they will tow the line - see Europe for a taste of things to come:

https://www.cnn.com/2022/08/29/energy/europe-power-prices/index.html

https://www.axios.com/2022/08/29/in-europe-energy-crisis-drives-growing-cutbacks

[bladefd]

And how do we become energy independent by moving TOO quickly (when we don't have the infrastructure) to electric vehicles especially when China has control over most of the raw materials that make the EV batteries? We will be dependent on China.

We should drill and export gas/natural so that Europe is not dependent on Russia. Why should Putin get rich and fund his war? Take away his money/harm his economy and boost ours.

Yes, we see all the bad stuff that China does but does the NBA, Apple or other companies have anything to say about all this bad stuff? No, because they are entwined and dependent on China for their huge market, low paying labor, etc. What do you think will happen when we are forced to convert to EVs by our own government and everyone is beholden to China for the raw materials for these EV batteries?

What will principles mean when the country's economy grinds to a halt because you can't transport stuff or get to work? Are principles stopping the NBA, Apple and other companies now regarding China over much less important things (like sneakers) than ENERGY? And have you nothing to comment about the millions in subsidies to solar (Solyndra), electric vehicles, etc.

Countries will not need to buy into any of China's philosophies when they are energy dependent on China - they will tow the line - see Europe for a taste of things to come:

https://www.cnn.com/2022/08/29/energy/europe-power-prices/index.html

https://www.axios.com/2022/08/29/in-europe-energy-crisis-drives-growing-cutbacks

We are not moving too quickly to electric vehicles. A small percentage of vehicles on the road are electric. It will be a while before a sizeable percentage of vehicles are electric. Regardless of what bills California passes.

We drill more than we use, and we sell a big chunk to places like Europe. How much more do you want to drill? We are the largest oil and natural gas producing country on earth and have been for many years. I don't know what else you want.

Those companies do what they do to protect their bottom lines. It's straight up capitalism that conservatives love to tout when it suits them. Just because those companies bend the knee to China does not mean we all have to or that our government has to. Those companies are ultimately beholden to our laws and our government.

There are mines and raw materials outside of China. You can get raw materials in other places of the world. We are not beholden to China as if we were sniveling in front of them. If we decide to not do business in China, there will be other countries out there with raw materials open for business.

What about solyndra? They went out of business a long time ago before solar industry took off afaik. Electric vehicles have subsidies, yes, as long as they are built in the US in the latest bill. Before that, it was only for the first x number of vehicles in a brand new industry. What's the issue? We have had oil subsidies and coal subsidies for decades (many still exist). Were you complaining about those?

We will not be energy dependent on China. I laid out all the reasons that China is not respected on the world stage. We are not forced to do business with China if they continue to behave the way they have been. Also, there are many projects in motion to become energy independent so we don't have to deal with authoritarian nations like China. We have to move business out of China and to other countries.

[BigKobeFan]

We are not moving too quickly to electric vehicles. A small percentage of vehicles on the road are electric. It will be a while before a sizeable percentage of vehicles are electric. Regardless of what bills California passes.

We drill more than we use, and we sell a big chunk to places like Europe. How much more do you want to drill? We are the largest oil and natural gas producing country on earth and have been for many years. I don't know what else you want.

Those companies do what they do to protect their bottom lines. It's straight up capitalism that conservatives love to tout when it suits them. Just because those companies bend the knee to China does not mean we all have to or that our government has to. Those companies are ultimately beholden to our laws and our government.

There are mines and raw materials outside of China. You can get raw materials in other places of the world. We are not beholden to China as if we were sniveling in front of them. If we decide to not do business in China, there will be other countries out there with raw materials open for business.

What about solyndra? They went out of business a long time ago before solar industry took off afaik. Electric vehicles have subsidies, yes, as long as they are built in the US in the latest bill. Before that, it was only for the first x number of vehicles in a brand new industry. What's the issue? We have had oil subsidies and coal subsidies for decades (many still exist). Were you complaining about those?

We will not be energy dependent on China. I laid out all the reasons that China is not respected on the world stage. We are not forced to do business with China if they continue to behave the way they have been. Also, there are many projects in motion to become energy independent so we don't have to deal with authoritarian nations like China. We have to move business out of China and to other countries.

This clown actually think we have progress on infrastructure.

The bullet train to no where was proposed 15 years ago and now its only 1 mile long

[rmt]

We are not moving too quickly to electric vehicles. A small percentage of vehicles on the road are electric. It will be a while before a sizeable percentage of vehicles are electric. Regardless of what bills California passes.

We drill more than we use, and we sell a big chunk to places like Europe. How much more do you want to drill? We are the largest oil and natural gas producing country on earth and have been for many years. I don't know what else you want.

Those companies do what they do to protect their bottom lines. It's straight up capitalism that conservatives love to tout when it suits them. Just because those companies bend the knee to China does not mean we all have to or that our government has to. Those companies are ultimately beholden to our laws and our government.

There are mines and raw materials outside of China. You can get raw materials in other places of the world. We are not beholden to China as if we were sniveling in front of them. If we decide to not do business in China, there will be other countries out there with raw materials open for business.

What about solyndra? They went out of business a long time ago before solar industry took off afaik. Electric vehicles have subsidies, yes, as long as they are built in the US in the latest bill. Before that, it was only for the first x number of vehicles in a brand new industry. What's the issue? We have had oil subsidies and coal subsidies for decades (many still exist). Were you complaining about those?

We will not be energy dependent on China. I laid out all the reasons that China is not respected on the world stage. We are not forced to do business with China if they continue to behave the way they have been. Also, there are many projects in motion to become energy independent so we don't have to deal with authoritarian nations like China. We have to move business out of China and to other countries.

I want them to be allowed to drill until gas is $2+ and Europe is not dependent on Russia for their energy needs. Stick it to Putin where it really hurts, and his war efforts will be severely curtailed. Our economy will benefit greatly from not only selling more to the rest of the world but for our own US consumers and overall inflation - no more begging OPEC, starting talks with Venezuela, etc.

I'll believe business moving out of China when it happens. Antibiotics, PPE, electronic equipment, etc. - have they been moved out of China even though the pandemic showed us how vulnerable/dependent we are on China for necessary things? Russia is not respected on the world stage but Europe has put themselves in a very bad position with their headlong move toward green energy. I think it's naive to think that we can de-couple ourselves from China. Their market is simply too big (consumer side) and they manufacture too much of our "stuff". Movies, universities, sports, companies are kowtowing to China.

We shall see what happens - let's just agree to disagree.

[bladefd]

I want them to be allowed to drill until gas is $2+ and Europe is not dependent on Russia for their energy needs. Stick it to Putin where it really hurts, and his war efforts will be severely curtailed. Our economy will benefit greatly from not only selling more to the rest of the world but for our own US consumers and overall inflation - no more begging OPEC, starting talks with Venezuela, etc.

I'll believe business moving out of China when it happens. Antibiotics, PPE, electronic equipment, etc. - have they been moved out of China even though the pandemic showed us how vulnerable/dependent we are on China for necessary things? Russia is not respected on the world stage but Europe has put themselves in a very bad position with their headlong move toward green energy. I think it's naive to think that we can de-couple ourselves from China. Their market is simply too big (consumer side) and they manufacture too much of our "stuff". Movies, universities, sports, companies are kowtowing to China.

We shall see what happens - let's just agree to disagree.

The current high gas prices has absolutely nothing to do with how much we drill. We are drilling as much oil as we did couple years ago when gas prices were around $2.50.

We can't simply make Europe's reliance on Russian oil & natural gas disappear over night. It takes couple years to build a new oil facility to drill crude oil, and couple more years to build an oil refinery to get crude oil into form you can use. There is no sticking into Putin by magically growing oil drilling wells and oil refineries out of thim air. Also, oil companies are converting existing oil refineries into natural gas refineries. Biden administration tried to get oil companies to stop the conversion, but oil companies refused. They have more money to make with natural gas than oil and it costs a lot of money & time to convert back and forth at will.

Our economy will benefit greatly from selling to the rest of the world?? Only If we were to forcefully nationalize oil companies and take their profits. Are you for forcefully nationalizing all oil companies across the country?? You would be up in arms about it along with every other conservative if that were to happen lol. Otherwise, the extra profits would go into the pockets of oil companies. Again, it would take years to get new wells and oil refineries up. Do you expect inflation to be at 9% in 4yrs time? Do you expect gas prices to be over $4 in 4 years? I don't.

We are building multiple semiconductor factories in America in response to China's threats. That is moving away from China. Several phone manufacturers moved out of China including Samsung & Google. If push comes to a shove, US companies are pulling out of China. The whole Chinese chain is vulnerable and only being used for cheap costs. People don't realize but China is in deep debt themselves with a very shaky economy. The CCP has too much power & controls everything - no Chinese court can dare defy the CCP. Their housing market is artificially propped up much more so than ours or Australia or any other country, and it could crumble with a single catalyst.

Europe was too reliant on oil and coal for decades that they have been moving away from it the 6-7yrs to be less reliant on fossil fuels. You have to move away from fossil fuels at some point if you don't want to be stuck relying on say OPEC to decide the oil prices for you. If there is one mistake Europeans are making, it's that they are pulling away from nuclear power especially in France. Nuclear power (latest generation generators with nuclear rod recycling) is necessary in conjunction with solar/wind/geothermal if you truly want to become independent.

[rmt]

The current high gas prices has absolutely nothing to do with how much we drill. We are drilling as much oil as we did couple years ago when gas prices were around $2.50.

We can't simply make Europe's reliance on Russian oil & natural gas disappear over night. It takes couple years to build a new oil facility to drill crude oil, and couple more years to build an oil refinery to get crude oil into form you can use. There is no sticking into Putin by magically growing oil drilling wells and oil refineries out of thim air. Also, oil companies are converting existing oil refineries into natural gas refineries. Biden administration tried to get oil companies to stop the conversion, but oil companies refused. They have more money to make with natural gas than oil and it costs a lot of money & time to convert back and forth at will.

Our economy will benefit greatly from selling to the rest of the world?? Only If we were to forcefully nationalize oil companies and take their profits. Are you for forcefully nationalizing all oil companies across the country?? You would be up in arms about it along with every other conservative if that were to happen lol. Otherwise, the extra profits would go into the pockets of oil companies. Again, it would take years to get new wells and oil refineries up. Do you expect inflation to be at 9% in 4yrs time? Do you expect gas prices to be over $4 in 4 years? I don't.

We are building multiple semiconductor factories in America in response to China's threats. That is moving away from China. Several phone manufacturers moved out of China including Samsung & Google. If push comes to a shove, US companies are pulling out of China. The whole Chinese chain is vulnerable and only being used for cheap costs. People don't realize but China is in deep debt themselves with a very shaky economy. The CCP has too much power & controls everything - no Chinese court can dare defy the CCP. Their housing market is artificially propped up much more so than ours or Australia or any other country, and it could crumble with a single catalyst.

Europe was too reliant on oil and coal for decades that they have been moving away from it the 6-7yrs to be less reliant on fossil fuels. You have to move away from fossil fuels at some point if you don't want to be stuck relying on say OPEC to decide the oil prices for you. If there is one mistake Europeans are making, it's that they are pulling away from nuclear power especially in France. Nuclear power (latest generation generators with nuclear rod recycling) is necessary in conjunction with solar/wind/geothermal if you truly want to become independent.

A couple of years ago when we were in the midst of covid, demand was low. Now demand is high as everything has opened up and people are anxious to go out after being cooped up for covid. We should be drilling more.

Funny how it takes a couple of years to ramp up more production when it's just about that time that Biden shut down Keystone Pipeline and took action on his first day as President to signal his war on fossil fuel. And it's not just the overt actions - his administration has Black Rock people - those who push ESG and actively discourage investment and capital in the fossil fuel industry. Is it any wonder that no one wants to risk investing their money in anything fossil fuel in this type of negative environment.

Why do you think that the only way for our country to benefit is to nationalize companies? The more government stays out of anything, the better, imo. Everything it touches gets worse/more expensive - from health care to education. More drilling/production means more jobs - means we are exporting instead of importing - with more jobs to support that industry.

I'd rather not rely on the sun shining or the wind blowing for my energy needs and that is as someone who lives in FL (with lots of sunshine) and not in danger of freezing to death in the winter.

It's not just turning away from nuclear that's caused this problem for Europe. It's partly because because of Biden's green lighting Nord Stream 2/pipeline to Russia at the same time as shutting down Keystone/other anti fossil fuel measures and Europe's rush toward green energy.

“This commitment is designed to ensure that Russia will not misuse any pipeline, including Nord Stream 2, to achieve aggressive political ends by using energy as a weapon,” the U.S. and German governments wrote in a joint statement. LOL

https://www.politico.com/news/2021/07/21/democrats-biden-russian-pipeline-deal-500474

[bladefd]

A couple of years ago when we were in the midst of covid, demand was low. Now demand is high as everything has opened up and people are anxious to go out after being cooped up for covid. We should be drilling more.

Funny how it takes a couple of years to ramp up more production when it's just about that time that Biden shut down Keystone Pipeline and took action on his first day as President to signal his war on fossil fuel. And it's not just the overt actions - his administration has Black Rock people - those who push ESG and actively discourage investment and capital in the fossil fuel industry. Is it any wonder that no one wants to risk investing their money in anything fossil fuel in this type of negative environment.

Why do you think that the only way for our country to benefit is to nationalize companies? The more government stays out of anything, the better, imo. Everything it touches gets worse/more expensive - from health care to education. More drilling/production means more jobs - means we are exporting instead of importing - with more jobs to support that industry.

I'd rather not rely on the sun shining or the wind blowing for my energy needs and that is as someone who lives in FL (with lots of sunshine) and not in danger of freezing to death in the winter.

It's not just turning away from nuclear that's caused this problem for Europe. It's partly because because of Biden's green lighting Nord Stream 2/pipeline to Russia at the same time as shutting down Keystone/other anti fossil fuel measures and Europe's rush toward green energy.

“This commitment is designed to ensure that Russia will not misuse any pipeline, including Nord Stream 2, to achieve aggressive political ends by using energy as a weapon,” the U.S. and German governments wrote in a joint statement. LOL

https://www.politico.com/news/2021/07/21/democrats-biden-russian-pipeline-deal-500474

No, I was talking pre-COVID. ~2019. We are drilling as much now as we were pre-COVID when prices were around $2.50. $2.50 or $4.50 has nothing to do with how much oil we drill since it's pretty much unchanged. High price has to do with high demand coming out of COVID as you said, resulting inflation, war in Europe, and OPEC+ nations setting the global oil barrel prices.

Yes, it takes several years to build or convert an oil refinery if you want to ramp up oil production - that doesn't even include the oil wells that must be drilled. Keystone pipeline xl is irrelevant because it was not going to finish until 2024 even if Biden kept it alive. COVID shutdowns would have pushed it back a year. Through the entire Trump administration & push for keystone xl, they had finished 8% of it. Perhaps you should acclimate yourselves with the full facts instead of the half-assed facts on Fauxnews and elsewhere. Also, let's not lose the fact that oil companies have been raking in record profits since last year and refusing to convert refineries back to oil from natural gas. They know natural gas is where more money is to be made than oil in the long-term, especially with Europe needing a new source for it.

Who is profiting off drilling more oil? Oil companies. Let's not forget that. You want more jobs? We already drill more and more natural gas so the jobs market already has big growth in that area. How about clean energy jobs? I see that more solar factories are also being built in USA - more jobs there.

Solar/wind with batteries in conjunction with nuclear at night is the answer. Geothermal & hydro in specific areas would be 24/7. I also believe in harnessing the power of ocean waves since something like 70%+ of the world's population lives near the oceans, but that might be years away for the technologies to be adopted from lab potential. There are also prototype batteries being built using things like sand and graphene. There is lots of potential there so we don't have to cling so hard in the long-term to oil, a 19th-century energy source. Let's shift to the 21st-century.

Europe has been pushing for green energy last 6-7yrs. Nord stream was built a decade ago before their push for green energy began. Europe realized they have been dealing with the devil in Putin but not until it was too late especially when Ukraine got invaded. Keystone xl was years away from completion when it was shutdown by Biden in January 2021 as I said. By 2025, I expect Europe to not need Russia.

[kabar]

"Don't take out loans you can't afford."

Says the people defending Trump, a lifetime grifter who's declared bankruptcy 7 times.

Trump supporters are braindead.

[BigKobeFan]

Trump supporters are braindead.

Its the local idiot

[kabar]

Its the local idiot
Lost both special elections in Alaska and New York, you know the races where GOP was predicting a red wave. Keep your head up Trump's ass while Republicans lose these midterms.

[BigKobeFan]

Lost both special elections in Alaska and New York, you know the races where GOP was predicting a red wave. Keep your head up Trump's ass while Republicans lose these midterms.

If you want to talk about districts swinging, how about the one in Palmdale california or the blue district in Texas where mayra flores won by a landslide.

[kabar]

If you want to talk about districts swinging, how about the one in Palmdale california or the blue district in Texas where mayra flores won by a landslide.

Celebrating wins in gerrymandered counties. Trump supporters truly are delusional.

https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fi765.photobucket.com%2Falbums%2Fxx 292%2Fcooliorobert%2FScreenshot2010-07-12at22722PM.png&f=1&nofb=1

That 34th district.

[Lakers Legend#32]

Lost both special elections in Alaska and New York, you know the races where GOP was predicting a red wave. Keep your head up Trump's ass while Republicans lose these midterms.

Don't forget Rock Solid Red Kansas voting to protect abortion rights.

[BigKobeFan]

Celebrating wins in gerrymandered counties. Trump supporters truly are delusional.

https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fi765.photobucket.com%2Falbums%2Fxx 292%2Fcooliorobert%2FScreenshot2010-07-12at22722PM.png&f=1&nofb=1

That 34th district.

you really are dumb huh. she won in June 2022, before the district being gerrymandered. She will face a harder task during the general when it will be MORE democratic

https://thetexan.news/republican-mayra-flores-wins-special-election-for-south-texas-congressional-district/

wrong again idiot.

Remember that time you said bill barr will for sure get trump indicted and I called you an idiot? Guess what, you are still an idiot.

[kabar]

you really are dumb huh. she won in June 2022, before the district being gerrymandered. She will face a harder task during the general when it will be MORE democratic

https://thetexan.news/republican-mayra-flores-wins-special-election-for-south-texas-congressional-district/

wrong again idiot.

Remember that time you said bill barr will for sure get trump indicted and I called you an idiot? Guess what, you are still an idiot.
You're an idiot.
Justice Department launches lawsuit against Texas gerrymandering for violation of Voting Rights Act
https://www.wsws.org/en/articles/2021/12/09/vote-d09.html

I'm telling you, Trump supporters include some of the dumbest fking trash. :lol

[BigKobeFan]

wrong again

https://projects.fivethirtyeight.com/redistricting-2022-maps/texas/draft_plan_1/

She won in June 2022, before the change. The district was already leaning heavy blue. After the change is +17 to the D. Wrong as usual

Then in the same article it states "On Dec. 6, the U.S. Department of Justice filed a lawsuit against Texas, alleging that the state’s new congressional map violates the Voting Rights Act. The lawsuit joins a handful of others in arguing that the map intentionally dilutes the political clout of voters of color.

The state’s new map, signed into law in late October by Republican Gov. Greg Abbott, creates 24 solid or likely Republican seats, 13 solid or likely Democratic seats and one swing seat (the 15th District) in the Rio Grande Valley. For comparison, Texas’s congressional delegation currently comprises 23 Republicans and 13 Democrats, so this map doesn’t boost Republicans’ gains in the state as much as it protects its incumbents. The map shores up a number of Republicans who currently sit in light-red seats that have been trending toward Democrats, including Reps. John Carter, Dan Crenshaw, Jake Ellzey, Michael McCaul, Troy Nehls, Chip Roy, Van Taylor and Beth Van Duyne. It accomplishes this largely by packing the bluest parts of the Houston, Dallas and Austin suburbs into Rep. Lizzie Pannill Fletcher’s 7th District, Rep. Colin Allred’s 32nd District and the newly created 37th District and conceding these seats to Democrats.

The map also makes the 28th District (currently Rep. Henry Cuellar’s) and 34th District (an open seat currently represented by Rep. Filemon Vela) in the Rio Grande Valley bluer while making Democratic Rep. Vicente Gonzalez’s seat a bit redder (it goes from a D+2 partisan lean to evenly split). Republican Rep. "

[BigKobeFan]

I realize what you and blade's problem is. You guys read the headlines on clown news only and never read what is going on by doing individual research.

For instance. Bill Barr to testify against Trump as headline in the yahoo news article. Then you automatically assume that he did something wrong and is going to jail for it. But in actuality, when you do your own independent research, his testimony wasn't even about trump.

This is the same as that Trump raid. Trump has highly classified secrets, so you automatically assume its nuclear secrets he is selling, but in actuality, its just some documents he is saving for his memoirs that archives wants back.

This time, you see a headline that states Texas being sued for gerrymandering. So you automatically assume its in your favor and its something devious from the GOP, but in actuality, when you do more research, the district 34 actually got BLUER. Meaning it was already blue in the first place.

[jstern]

I realize what you and blade's problem is. You guys read the headlines on clown news only and never read what is going on by doing individual research.

For instance. Bill Barr to testify against Trump as headline in the yahoo news article. Then you automatically assume that he did something wrong and is going to jail for it. But in actuality, when you do your own independent research, his testimony wasn't even about trump.

This is the same as that Trump raid. Trump has highly classified secrets, so you automatically assume its nuclear secrets he is selling, but in actuality, its just some documents he is saving for his memoirs that archives wants back.

This time, you see a headline that states Texas being sued for gerrymandering. So you automatically assume its in your favor and its something devious from the GOP, but in actuality, when you do more research, the district 34 actually got BLUER. Meaning it was already blue in the first place.

I've been saying this about Blade for a while (http://www.insidehoops.com/forum/showthread.php?483529-Kyle-Rittenhouse&p=14479020&viewfull=1#post14479020). I'm not sure if it's legit mental illness.

That's why I rarely read his posts, because it's not worth the time investment. Knowing that he has a big lack of curiosity on any subject, so will just read headlines. And from headlines he speaks with authority on any matter. It's very interesting.

[Nanners]

I've been saying this about Blade for a while (http://www.insidehoops.com/forum/showthread.php?483529-Kyle-Rittenhouse&p=14479020&viewfull=1#post14479020). I'm not sure if it's legit mental illness.

That's why I rarely read his posts, because it's not worth the time investment. Knowing that he has a big lack of curiosity on any subject, so will just read headlines. And from headlines he speaks with authority on any matter. It's very interesting.

What does "legit mental illness" even mean in 2022?

I remember the days (not very long ago) when people who thought they were born in the wrong body were considered "mentally ill"... instead of affirming the delusions of these people with pronouns and hormone treatments and utterly grotesque surgeries, these people were told that their delusions were delusions and they were treated with therapy.

[diamenz]

looks like joe buy-them & the dems got themselves into a real pickle here. if they don't come correct against these courts and push this relief forward in the next two weeks, they won't be getting the young voter turnout that they thought they were. :hammerhead:

[Lakers Legend#32]

looks like joe buy-them & the dems got themselves into a real pickle here. if they don't come correct against these courts and push this relief forward in the next two weeks, they won't be getting the young voter turnout that they thought they were. :hammerhead:

Oh No, they will know who is blocking this and take it out on them and take it out on the polls.

[Jasper]

Criticism for Biden on this should be because he’s not completely forgiving student loans. Anyone who is in favor of student debt is dumb as shit.

please see the republican party .... lol

[BigKobeFan]

please see the republican party .... lol

No one likes student loan debts you ****ing idiot. People just dont want to pay other peoples debts off you ****ing moron

[bladefd]

Oh No, they will know who is blocking this and take it out on them and take it out on the polls.

Anger sells more than anything.