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imdaman99
08-26-2022, 11:44 AM
Has anyone been following their savagery? :roll:

Asking for a friend

BigKobeFan
08-26-2022, 11:55 AM
link?

Off the Court
08-26-2022, 12:03 PM
The hypocrisy was too large to ignore and we know Biden won't troll anyone on Twitter so whoever was running the WH Twitter was like "f@#k this, enough is enough".

Giving the wealthy huge tax breaks and then throwing a tantrum when struggling students finally get just a small taste of relief is pretty f@#ked up and the Dems win big here. Conservatives need to take the L and move on to issues where they have better ground.

Lakers Legend#32
08-26-2022, 02:48 PM
Conservatives need to take the L and move on to issues where they have better ground.

Like The War on Christmas

theman93
08-26-2022, 03:00 PM
The hypocrisy was too large to ignore and we know Biden won't troll anyone on Twitter so whoever was running the WH Twitter was like "f@#k this, enough is enough".

Giving the wealthy huge tax breaks and then throwing a tantrum when struggling students finally get just a small taste of relief is pretty f@#ked up and the Dems win big here. Conservatives need to take the L and move on to issues where they have better ground.

In many cases this won't be true at all. An individual making $125k a year ($250k for families) will be eligible for the program.

RRR3
08-26-2022, 03:40 PM
In many cases this won't be true at all. An individual making $125k a year ($250k for families) will be eligible for the program.
Didn’t hear you whining when Trump gave the 1% tax breaks. Stfu

theman93
08-26-2022, 03:58 PM
Didn’t hear you whining when Trump gave the 1% tax breaks. Stfu

This would be a projection on your end. I'm simply laying out the facts.

diamenz
08-26-2022, 04:11 PM
In many cases this won't be true at all. An individual making $125k a year ($250k for families) will be eligible for the program.

i don't understand what you're trying to say here.

edit: oh, you think it should be means tested further?

Off the Court
08-26-2022, 05:20 PM
https://twitter.com/WhiteHouse/status/1562916200866267138

This could hit 1M likes while the quoted tweet of MTG only has 5K likes. That really shows the enormous discrepancy on this issue.

There are wealthy conservatives like Trump Jr out there arguing against helping everyday people while fighting tooth and nail for the elite wealthy to get tax cuts. There are nearly 50 million Americans with federal college debt. That's a big chunk of the population they are going against, many of whom are conservatives. This one is going to hurt the right badly and if it was timed perfectly before midterms then that is one hell of a chess move.

theman93
08-26-2022, 05:34 PM
i don't understand what you're trying to say here.

edit: oh, you think it should be means tested further?

Do you think individuals making 6 figures are struggling?

diamenz
08-26-2022, 05:44 PM
Do you think individuals making 6 figures are struggling?

of course not, but why make it a welfare program when you can go universal? the entire point of the forgiveness (the way i see it) is because college tuition is an absolute rip-off in the first place. it's fuc*ing skyrocketed in the last few decades, especially the last. so give it to everyone.

look at that shit, son.

https://www.visualcapitalist.com/wp-content/uploads/2021/02/Rise-of-College-Tuition_Datastream-1.jpg

theman93
08-26-2022, 05:52 PM
of course not, but why make it a welfare program when you can go universal? the entire point of the forgiveness (the way i see it) is because college tuition is an absolute rip-off in the first place. it's fuc*ing skyrocketed in the last few decades, especially the last. so give it to everyone.

look at that shit, son.

https://www.visualcapitalist.com/wp-content/uploads/2021/02/Rise-of-College-Tuition_Datastream-1.jpg

I agree it’s a rip-off, but if the point of the program is to relieve those that are struggling this is not it. According to the Penn Wharton Budget Model, close to 70% of the benefits are going to the top 60% of earners.

diamenz
08-26-2022, 05:56 PM
I agree it’s a rip-off, but if the point of the program is to relieve those that are struggling this is not it. According to the Penn Wharton Budget Model, close to 70% of the benefits are going to the top 60% of earners.

then let 'em have it. the point of the program according to biden & the democrats is irrelevant to me. the big picture and the root of the entire problem is the fact that the 'college industrial complex' is ripping everyone off to begin with.

theman93
08-26-2022, 06:43 PM
then let 'em have it. the point of the program according to biden & the democrats is irrelevant to me. the big picture and the root of the entire problem is the fact that the 'college industrial complex' is ripping everyone off to begin with.

Well no, it’s ripping off those who chose to get the loan. But if and when this passes those who didn’t choose to get the loan are getting ripped off. Which then yes we’re all getting ripped off.

diamenz
08-26-2022, 07:26 PM
Well no, it’s ripping off those who chose to get the loan. But if and when this passes those who didn’t choose to get the loan are getting ripped off. Which then yes we’re all getting ripped off.

nothing new there. trillions in wall street bailouts, forever wars, tax cuts for the rich just to name a few major ones. you can't count on two hands all of the things we pay for as americans that we want nothing to do with or even realize we're paying for. at least with this program, it's the middle class that are getting a break.

Off the Court
08-26-2022, 08:06 PM
Well no, it’s ripping off those who chose to get the loan. But if and when this passes those who didn’t choose to get the loan are getting ripped off. Which then yes we’re all getting ripped off.

No is getting ripped off. It's a federal loan, you aren't paying it off. If it was a private loan then yes.

Just because individual X gets a full scholarship doesn't mean that individual Y was ripped off and if he sees it that way then he's a jealous hater.

RRR3
08-26-2022, 08:43 PM
TheIdiot93 :oldlol:

theman93
08-26-2022, 09:53 PM
No is getting ripped off. It's a federal loan, you aren't paying it off. If it was a private loan then yes.

Just because individual X gets a full scholarship doesn't mean that individual Y was ripped off and if he sees it that way then he's a jealous hater.

The tax payer who does not take on the risk of a federal loan or who has already paid it off is indeed getting ripped off because their tax dollar is being used to pay off the loan of another individual who decided to take on the risk. So yes, I am paying it off.

Off the Court
08-26-2022, 10:13 PM
The tax payer who does not take on the risk of a federal loan or who has already paid it off is indeed getting ripped off because their tax dollar is being used to pay off the loan of another individual who decided to take on the risk. So yes, I am paying it off.

Again, it's a federal loan. No tax money is being used to pay it off. It's money the Gov "just printed up". It's much different than them paying off lenders with tax money. It helps to know wtf you're talking about.

theman93
08-26-2022, 10:25 PM
Again, it's a federal loan. No tax money is being used to pay it off. It's money the Gov "just printed up". It's much different than them paying off lenders with tax money. It helps to know wtf you're talking about.

https://i.ibb.co/QX2vYYX/tax.png

https://www.ntu.org/foundation/detail/cost-of-student-debt-cancelation-could-average-2000-per-taxpayer

And even if what you were saying is true, money that's "just printed up" still costs me in the long run due to paying more for goods and services in the form of inflation. The more you know.

Off the Court
08-27-2022, 02:48 PM
No, it's federal debt. Tax payers will never ever pay off any of this. Just like tax payers will never pay off covid relief. It's just tacked onto the national debt.

Any inflation created from it was created when the students were given the loan. NOT when the loan is forgiven. So any inflation from it has already been priced in.

Not that you even care about that, all you care about is "Biden bad!". The problem is that this is actually the proper way to stimulate the economy, instead of just handing out checks that many use to purchase a PS5 and then can't afford their electric bill. Force the population to use it on existing debt, and debt used on education which is something we all want for the population. Not debt used to buy a new flat screen TV.

imdaman99
08-28-2022, 05:26 PM
https://i.kym-cdn.com/photos/images/original/002/428/228/0d6.png

^^^^^^

theman93
08-28-2022, 08:31 PM
No, it's federal debt. Tax payers will never ever pay off any of this. Just like tax payers will never pay off covid relief. It's just tacked onto the national debt.
....and federal taxes are used to pay the national debt...that just keeps rising because of money printing...which has led to inflation....which back to the point - is ripping everyone off.


Any inflation created from it was created when the students were given the loan. NOT when the loan is forgiven. So any inflation from it has already been priced in.
https://www.crfb.org/blogs/cancelling-student-debt-would-undermine-inflation-reduction-act
https://nypost.com/2022/08/22/larry-summers-student-debt-forgiveness-will-make-inflation-worse/

Off the Court
08-29-2022, 11:08 AM
....and federal taxes are used to pay the national debt...that just keeps rising because of money printing...which has led to inflation....which back to the point - is ripping everyone off.


https://www.crfb.org/blogs/cancelling-student-debt-would-undermine-inflation-reduction-act
https://nypost.com/2022/08/22/larry-summers-student-debt-forgiveness-will-make-inflation-worse/

Students haven't had to pay any federal debt for over 2 years now. Trump turned it off because of covid. It's about to turn back on, only now their total is $10k less. This is going to help fight inflation. They are now having to pay off debt that's been off for years.

Like I said earlier conservatives need to abandon this fight because the Dems have won big here. The only place they have lost is that maybe $10k isn't enough.

Patrick Chewing
08-29-2022, 11:08 AM
https://i.kym-cdn.com/photos/images/original/002/428/228/0d6.png

^^^^^^

And this is a huge problem that these loans were forgiven for members of government and who are clearly more well off than the average citizen.

Your "gotcha" moment you think you have isn't a gotcha moment at all. I'm sure there are Democrats on that list, but the point is, we shouldn't be excusing loans for the elites, but rather for those who truly need it. You think this is a partisan issue? We don't want to see these loans forgiven. We want to see them paid. Doesn't matter who took out the loan and what party they belong to.

bladefd
08-29-2022, 12:40 PM
Students haven't had to pay any federal debt for over 2 years now. Trump turned it off because of covid. It's about to turn back on, only now their total is $10k less. This is going to help fight inflation. They are now having to pay off debt that's been off for years.

Like I said earlier conservatives need to abandon this fight because the Dems have won big here. The only place they have lost is that maybe $10k isn't enough.

You are pretty much on point. It's a losing argument for Republicans to be pushing. The public overwhelmingly supports erasing a chunk of college education debt. Republicans in government and conservatives can bitch and cry all they want, but they are not changing the overall public sentiment. Republicans are only going to hurt themselves if they keep pushing this fight.

bladefd
08-29-2022, 12:47 PM
And this is a huge problem that these loans were forgiven for members of government and who are clearly more well off than the average citizen.

Your "gotcha" moment you think you have isn't a gotcha moment at all. I'm sure there are Democrats on that list, but the point is, we shouldn't be excusing loans for the elites, but rather for those who truly need it. You think this is a partisan issue? We don't want to see these loans forgiven. We want to see them paid. Doesn't matter who took out the loan and what party they belong to.

How the hell were they even eligible for PPP loans? Oh right, they poorly wrote the rules themselves and got away with loans they will not be paying back. Those bastards got away with it and are now crying about 10k loan forgiveness to the middle class. Get the hell out of here.

Only thing I would agree with is perhaps it should have been those making under 100k. If you are making over 100k, the loan forgiveness should not apply to you. Under 100k, okay reasonable. Perhaps even under 85k but somewhere in that 85-100k range.

Patrick Chewing
08-29-2022, 01:45 PM
How the hell were they even eligible for PPP loans? Oh right, they poorly wrote the rules themselves and got away with loans they will not be paying back. Those bastards got away with it and are now crying about 10k loan forgiveness to the middle class. Get the hell out of here.

Only thing I would agree with is perhaps it should have been those making under 100k. If you are making over 100k, the loan forgiveness should not apply to you. Under 100k, okay reasonable. Perhaps even under 85k but somewhere in that 85-100k range.

Who wrote the rules? Republicans didn't write it.

bladefd
08-29-2022, 05:29 PM
Who wrote the rules? Republicans didn't write it.

Who voted for the PPP loans bill? All of those people who voted for it are guilty as charged. Both parties had people who voted for it, and I believe Republicans were the majority at the time.

warriorfan
08-29-2022, 09:36 PM
Off the hinge is fuming hard

:roll:

BigKobeFan
08-30-2022, 06:01 AM
Who voted for the PPP loans bill? All of those people who voted for it are guilty as charged. Both parties had people who voted for it, and I believe Republicans were the majority at the time.

2019 was a demonrat held congress

BurningHammer
07-07-2023, 10:45 AM
Insidehoops.com, where trolls and bots live. :ohwell: