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On February 17 2016 04:16 ticklishmusic wrote:So somewhat on topic: I took a quick look at the list of economists supporting Sanders here. Wondering if anyone here recognizes some of these names and can attest to the legit-ness of this list. One thing that caught my eye was n. 167, Susan Webber who was a former associate at Goldman Sachs. An associate is the entry level position for undergrads and is the bottom of the totem pole where you work like 80 hours a week (she wasn't even in investment banking, what a noob). That made me just a little skeptical. Upon further research I found her resume which is pretty decent (McKinsey is much more impressive tbh), but I wouldn't exactly call her a world-class economist though she's a very successful business woman. Based on this analysis I found on Reddit not so great.
It's important to get the endorsements of investment bankers and mainstream economists if you want revolution.
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On February 17 2016 06:37 jcarlsoniv wrote:Show nested quote +On February 17 2016 06:35 ErectedZenith wrote:On February 17 2016 03:22 Plansix wrote:Sanders had it correct that he wouldn't get anything done if he had to respond to every stupid thing Trump claimed. The man will say anything to get an audience to cheer, so why even bother correct him? Its not like he cares what facts are, or what other people say. On February 17 2016 03:18 ErectedZenith wrote:On February 17 2016 03:16 KwarK wrote:On February 17 2016 03:15 ErectedZenith wrote:On February 17 2016 03:12 KwarK wrote:On February 17 2016 02:24 ErectedZenith wrote:On February 17 2016 02:21 ticklishmusic wrote:On February 17 2016 02:17 Plansix wrote:
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I like it when they claim they leaving of a socialist was elected, but plan to go to Ireland or Canada. i mean i've said i fully intend to support sanders if he gets the nom, but if he fucks things up as president if elected im moving His plan does nothing but drive away American companies away and create not incentive to innovate. Nobody with a smart mind would stay in a country where they have to give away 90% of their wealth. Wealth isn't the same as income and nobody is proposing a 90% tax. When you're done struggling to beat a straw man let us know so we can clear you a seat at the big boy's table. Nobody is purposing a tax rate that could go as high as 90% except for Bernie Sanders. You really need to stop listening to that idiot in the toupe. http://www.politifact.com/virginia/statements/2015/oct/20/donald-trump/trump-bernie-sanders-wants-tax-everyone-90-percent/ Video is not even there, let's talk about evidence. Sure, please provide non-Trump based evidence that Sanders ever said or claimed he would be taxing anyone at 90%. Direct quote or document from his campaign. Just google it. The fact remains: He wanted to do 90% tax rate. But then he got called on it, then backed away from it. Now he still wants to raise taxes for the "1%" higher than it is now but still haven't decided on what's that number yet. But companies will leave if you make the tax rate high, especially international companies that doesn't rely on domestic consumption. I will post this again for you on the off chance that you're not really that stupid, just blind. + Show Spoiler +Knowing that you are just happily spewing ignorance, though... let's just say I'm feeling a little masochistic today.
Nobody here is saying that you are wrong though.
He is still raising taxes though this decreases companies' incentive to stay, this isn't hard.
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On February 17 2016 05:53 Jelissei wrote:
yeah right... the internetz
You posed the question to an Internet forum. Not sure what you were expecting.
If you really want your answer but won't touch the Internet you can try to find a Trump rally or organization in your area. If there aren't any close by you could try calling one that isn't just to talk to someone.
Otherwise you're out of luck.
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On February 17 2016 06:20 Silvanel wrote:
I have a question. Why is Clinton so popular with black people? Arent Bernies proposed policies more benficial to them?
Both Clintons have a long history of supporting the black community
And to forestall the Goldwater girl thing that may come up, she was 17 at the time and had a really Republican dad. Also Barry Goldwater on civil rights:
In 1964, Goldwater ran a conservative campaign that emphasized states' rights.Goldwater's 1964 campaign was a magnet for conservatives since he opposed interference by the federal government in state affairs. Although he had supported all previous federal civil rights legislation and had supported the original senate version of the bill, Goldwater made the decision to oppose the Civil Rights Act of 1964. His stance was based on his view that the act was an intrusion of the federal government into the affairs of states and that the Act interfered with the rights of private persons to do or not do business with whomever they chose. In the segregated city of Phoenix in the 1950s, he had quietly supported civil rights for blacks, but would not let his name be used.
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On February 17 2016 05:17 ticklishmusic wrote:Show nested quote +On February 17 2016 05:09 {CC}StealthBlue wrote:Seven US marshals armed with automatic weapons turned up at Paul Aker’s home in Houston, Texas, last week to arrest him over a $1,500 student loan debt dating back to 1987.
“It was totally mind-boggling,” Aker said. “I was wondering, why are you here? I am home, I haven’t done anything ... Why are the marshals knocking on my door? It’s amazing.”
Aker said he was arrested, shackled and taken to federal court. “I was told: ‘You owe $1,500.’ I just couldn’t believe it,” he told Fox 26. “I was taken before a judge surrounded by seven marshals.”
Texas representative Gene Green, a Democrat, said it was unacceptable that US marshals are being used to collect decades old student loans. “There’s bound to be a better way to collect on a student loan debt that is so old,” he told the station.
Aker is unlikely to be the only person to be surprised by marshals collecting on student loans. A source at the marshal’s office told Fox 26 that it is planning to serve warrants on 1,200 to 1,500 people over student loan debts.
Student debts are at a record high, with 2015 graduates saddled with an average debt of $35,000, according to analysis of government data by Edvisors, a student finance advice site. That level of debt is more than twice the amount US graduates had just two decades earlier, even adjusted for inflation. About 40 million Americans have outstanding student loans.
The reports come as students and graduates are preparing for a series of meetings on the Capitol demanding action over escalating student debt. Students from Corinthian Colleges, a for-profit college company that went bankrupt last year, will on Wednesday be joined by students from other for-profit colleges including the Art Institutes, ITT Tech, and the University of Phoenix in a “fight back against educational debt” protest.
Last year, 15 former Corinthian students launched the nation’s first student debt strike, refusing to pay back loans incurred to attend for-profit Corinthian Colleges. Source Makes you wish they'd do that to this snooty little turd who wrote an op-ed about defaulting on his loans
wtf why would you want that writer to be arrested by marshalls for defaulting? what makes him a turd? more people should be willing to default. i would do it in a heartbeat if i were in his circumstances.
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I know Bernie wants to make college free or greatly reduced in cost but has he proposed any ideas to help with the massive student loan debt already accumulated by people? The large debt coupled with the less than good job market really puts a damper on a fair number of individuals who are moving into the "prime" demographic spot for earning power as they won't be able to put money into the economy because large chunks of their income is paying off debts.
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Adding to that I'd like to know what happens to guys like me who actually paid the difference between tuition and scholarships out of pocket.
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On February 17 2016 06:51 ticklishmusic wrote:Show nested quote +On February 17 2016 06:20 Silvanel wrote:
I have a question. Why is Clinton so popular with black people? Arent Bernies proposed policies more benficial to them? Both Clintons have a long history of supporting the black communityAnd to forestall the Goldwater girl thing that may come up, she was 17 at the time and had a really Republican dad. Also Barry Goldwater on civil rights: Show nested quote +In 1964, Goldwater ran a conservative campaign that emphasized states' rights.Goldwater's 1964 campaign was a magnet for conservatives since he opposed interference by the federal government in state affairs. Although he had supported all previous federal civil rights legislation and had supported the original senate version of the bill, Goldwater made the decision to oppose the Civil Rights Act of 1964. His stance was based on his view that the act was an intrusion of the federal government into the affairs of states and that the Act interfered with the rights of private persons to do or not do business with whomever they chose. In the segregated city of Phoenix in the 1950s, he had quietly supported civil rights for blacks, but would not let his name be used.
hahaha. Yeah the Clinton's name recognition is based off of some of the things they have done with black communities. But the support is largely name recognition combined with a lack of information. Bernie is right that the more people know about him the better he does.
In the recent CBS South Carolina poll, ONE HUNDRED PERCENT of people 18-29 thought that Bernie Sanders was honest and trustworthy. (page 66 in poll above)
Hillary for 18-29 year olds? 43%. Yikes.
Source
On February 17 2016 07:02 Slaughter wrote:
I know Bernie wants to make college free or greatly reduced in cost but has he proposed any ideas to help with the massive student loan debt already accumulated by people? The large debt coupled with the less than good job market really puts a damper on a fair number of individuals who are moving into the "prime" demographic spot for earning power as they won't be able to put money into the economy because large chunks of their income is paying off debts.
Reduce interest rates and allow people to refinance them. I imagine he would entertain working out more forgiveness plans and national service opportunities also.
As for people who made enough income combined with scholarships to pay for college, I'm not sure what one could expect?
For those in the future they would have the opportunity to go tuition free to a public university and get an early start on investing for the future.
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United States43989 Posts
Most likely you're fucked. Some people end up fucked. My sister didn't have tuition fees because she was the year above me. I was the first year in the UK to have them.
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On February 17 2016 07:06 ticklishmusic wrote:
Adding to that I'd like to know what happens to guys like me who actually paid the difference between tuition and scholarships out of pocket.
Nothing.
What you expect the government to retroactively give you money you could have saved but didn't?
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On February 17 2016 07:06 ticklishmusic wrote:
Adding to that I'd like to know what happens to guys like me who actually paid the difference between tuition and scholarships out of pocket.
I paid off my student loans, but the system is garbage. Its broken, abused universities and is going to destroy the US economy on a long enough time line. Those loans are handed out to anyone, regardless if they can pay them back and can’t be discharged through any bankruptcy. The loan servicers have been handing the debt collection off to private collection firms. These are the knuckle draggers of the legal field and they shouldn't be involved with student loans. Seriously, these asshole will put a $2000 lien on a $500 car just to do it.
But really, this sums up the student loan process:
http://www.nydailynews.com/news/national/u-s-marshals-arresting-people-not-paying-student-loans-article-1.2533153
It’s the America dream, but with 200% more Dickens. Let’s bring back debtor’s prison, because that was a real boon to society as a whole.
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Let’s bring back debtor’s prison, because that was a real boon to society as a whole.
We can also never forget the rest of the 13th Amendment and the recent story posted about marshals being used over student debt.
"Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted shall exist within the United States, or any place subject to their jurisdiction."
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Cayman Islands24199 Posts
On February 17 2016 04:16 ticklishmusic wrote:So somewhat on topic: I took a quick look at the list of economists supporting Sanders here. Wondering if anyone here recognizes some of these names and can attest to the legit-ness of this list. One thing that caught my eye was n. 167, Susan Webber who was a former associate at Goldman Sachs. An associate is the entry level position for undergrads and is the bottom of the totem pole where you work like 80 hours a week (she wasn't even in investment banking, what a noob). That made me just a little skeptical. Upon further research I found her resume which is pretty decent (McKinsey is much more impressive tbh), but I wouldn't exactly call her a world-class economist though she's a very successful business woman. Based on this analysis I found on Reddit not so great.
she is the founder of this blog.
http://www.nakedcapitalism.com/
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@P6, others re: loans
yeah. the middle class in particular is getting completely screwed by higher education. paid it off, but it put hell of a dent in my parent's savings, zeroed out my lifetime earnings and took a few months of my salary to kill the beast.
@oneofthem:
it's a blog... it's a very solid one but she's not exactly someone who i'd claim as an economist, let alone one whose endorsement on my financial regulation plan is particularly noteworthy. i guess it's nitpicky, but it was just a listing that caught my eye. earlier link says only 3-4 economists of note endorsed the plan.
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On February 17 2016 07:06 ticklishmusic wrote:
Adding to that I'd like to know what happens to guys like me who actually paid the difference between tuition and scholarships out of pocket.
fuck you, got mine
what a shitty attitude
your poor parents and all your research stipend money gone
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The main issue with the loans is that they were and still are, poorly regulated and colleges need to provide very little information on the merit of their charges. They are handled to out low information consumers and can’t be discharged for any reason. Credit cards are barred offering cards to students, but we give them student loans without a second thought. And if they are never paid off, the tax payers foot the bill.
Even the most aggressive of banks would have written off a $1500 loan and discharged it as a loss. But because these things are federally backed, they are immortal. They die when the borrower dies. And sometimes they live beyond that to haunt their estate.
So I totally agree with protesting in the form of default. These loans are a huge issue in the US. A lot of people are making money off of them, but its not the students or the tax payers backing the loans.
On February 17 2016 07:38 ticklishmusic wrote:
@P6, others re: loans
yeah. the middle class in particular is getting completely screwed by higher education. paid it off, but it put hell of a dent in my parent's savings, zeroed out my lifetime earnings and took a few months of my salary to kill the beast.
It takes a lot more than that for other people, tbh. Teacher can owe those loans for decades. Its nice to be lucky enough to pay them off, but no everyone is in that position.
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Federal student aid (as employed) is one of the worst things to happen in this country. The easy money has resulted in skyrocketing tuition and far more people going to college than have any business doing so. College degrees almost mean dick now.
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On February 17 2016 08:26 xDaunt wrote:
and far more people going to college than have any business doing so. College degrees almost mean dick now.
Yes, who in their right mind would want a college-educated citizenry.
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On February 17 2016 08:26 xDaunt wrote:
Federal student aid (as employed) is one of the worst things to happen in this country. The easy money has resulted in skyrocketing tuition and far more people going to college than have any business doing so. College degrees almost mean dick now.
yeah, enabling the poors go to college is devaluing my degree.
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As it stands, universal college is a very expensive way to put the young on parity or below parity in skills compared to what the market needs. We either need to start putting price controls on all colleges or improve the qualifications for a HS degree so that it actually has some value.
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EPT![[image loading]](http://i.imgur.com/drfyv82.png)
