The stupid people keep electing the same politicians and sending them back to do the same things so one has to conclude that a large portion of the population enjoys the fucking they are getting. Businesses are only playing by the rules set forth by the government as has been designed for the fucking of people. Want to know who didn't get fucked by that so called Sub-Prime mortgage fiasco just as they didn't get fucked into a lot of needless college tuition debt?
You keep thinking that by waving the debt it’s being eliminated. The reality is, it’s not. Outraged by debt, but only because I don’t want to pay for it but it’s perfectly OK if someone else beside me does. Is this the Libertarians creed?
True, except the businesses aren't playing by the rules set forth by the government, they're playing by the rules they wrote for the government. LOTS of unwilling participants get caught up in this and get fucked. All the people that should have gone to college had to pay way more, just as all the people who wanted to buy a house had to figure out a way to pay more for something that was over-inflated by poor policies that we let happen by our tacit support of government and business being in cahoots.
OK, I recommend this very informative article on Venezuela. Let me know at which point something seems wrong.
I did not say it should be waived. I said it should be charged back to the schools that were either responsible for it, or benefited the most from it. At least the additional cost over original tuition. Refund it to the government and make the schools treat it as unpaid debt that needs to be charged off.
Does government have to agree to everything a corporate lobbyist tries to sell them is a good idea? I'll wait for you to compose yourself while you think about that one. Businesses aren't doing anything they aren't being allowed to do. There is however a common denominator in this equation. Oddly a business hasn't been able to really take any money from me I wasn't willing to give them. Well except for those supposed tax loopholes they use that were implemented by who again?
What did the schools do. They didn’t force anyone to take out any loans. And charging anything back to the government is in actuality charging it to the taxpayers.
It's corruption. Simple as that. Lobbyists are paying for access regular people cannot get in order to gain concessions that benefit them over the general public. It happens all day every day because the only thing a politician wants is to get re-elected, and the thing they need the most to ensure that is money. Further, many of your regulatory commissions are staffed by industry insiders, with either past ties, or future assurances, from the very companies they're supposed to be regulating on behalf of the citizens. It's a joke.
Nobody forced anyone to do anything. They didn't have to (and you know how this shit works). They organize the program and let social pressure and ignorance do the rest. It's no different than any of the other predatory credit practices out there. Nobody forces people to buy drugs, but selling them is against the law isn't it?
What the fuck are you getting at? The government. At no point during any of these discussions have I said that trusting the government is a good idea, but they'd have to be involved in the un-fucking of the student loan crisis to blunt the impact on the economy. It's a simple "lesser of two evils" situation.
So people shouldn't be required to pay for their mistakes? what would have happened in Venezuela if the US came in and propped up their government 10-15 years ago? You really think they would have learn that socialism doesn't work, or more likely, they'd think socialism works because someone came to help.
No they don't, people pay the money they owe with the degree they earned and they teach their friends and kids that you don't need to go to these high priced schools to be successful. The school stops getting enrollment, and as demand drops, prices drop.
They can't fix it. Just like they can't fix anything they try to fix. Yet you sit there on one hand believing they can but then claim corruption. Do you think the fix is not going to be just as corrupt as the original plan? It's like asking the dog that just killed your cat to watch over your new kitten.
The only difference in our argument is where we lay blame for the mistakes. You blame the people taking out the loan. I go a step higher and blame the people orchestrating a loan program that they knew was a bad idea in order to profit from it. Why can't you see this? Why aren't the organizers of the program ever held responsible? Who went to jail over the sub-prime fiasco? It was one guy wasn't it? How many people lost their entire savings over that crap? And you're going to blame them for acting in good faith instead of the assholes that set it up knowing it was going to fail?
You HAVE to fix the corruption. We now have a president who is NOT a DC insider, and we, as responsible citizens, can take action to take back our government. Like I mentioned before, you people that think government is too far gone so you don't hold them accountable (do you even vote?) are the reason they keep getting away with this shit.
I agree that it is corruption but I think that you are blaming the wrong group. The banks, companies, etc. will always try to use the existing rules or have the rules changed to make more profit. That is what companies do. IMO, the entire blame is on the government and their corrupt, unethical practices. Just because someone is standing there with a handful of money does not mean you should take it.
And then you are willing to ask the same people to fix it. There plan was good from their perspective. People will agree to borrow money and payed it back with interest to us and we make the interest money. I see no flaw in their plan. I do see a flaw in borrowing money to get a degree with no value in the job world that won't get you a job or impact your pay in a positive manner.