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Northern Ireland25497 Posts
On February 18 2021 04:07 TheTenthDoc wrote:A random Texas mayor went full "the strong will survive" and told the residents that no one owed them anything. Also called everyone waiting in their homes lazy and blamed the socialist government. Full "pull yourself up out of the freezing temperatures by your bootstraps." I'm sure his COVID response was similar. He since resigned and is no longer mayor. And now he's complaining that people are mean to him.
The mayor’s rant was incredibly bizarre even by the standards of such rants. Aside from being sociopathic in tone it’s completely sidestepping people’s issues and substituting in some demand for government and being given handouts.
I’m not exactly plugged in to the Texan mood, isn’t the demand that the thing you pay for and much of modern life depends on you know, not breaking?
The amount of deflection on this is absolutely insane. Perhaps Texans do value having their own power infrastructure, perhaps even to the degree they’ll suffer rolling blackouts for a period (although I do doubt this), but that doesn’t at all detract from the nuts and the bolts of this particular failure of infrastructure.
Perhaps this will fly, as it normally appears to. Hey resist fixing things because oh no it’s a scary Trojan horse that the left will use to take over.
Of course singular instances of atypical weather are not any indication of climate change in themselves, if you’re starting to experience them with at least semi-regularity would that not at least trigger some skepticism as to what could be causing this?
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Looks like they've confirmed that Ted Cruz ran away to Cancun while his constituents freeze and go without water.
Source
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That's what they voted for.
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On February 19 2021 02:36 ShoCkeyy wrote:
That's what they voted for.
Just remember not everyone voted for these fools even in heavily red areas.
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Biden says, "I will not make that happen" to calls to cancel student loans during his recent townhall.
Warren and Schumer are both pressuring him to cancel 50K of student loans. Im not really surprised about Warren, but Schumer does surprise me and raise my esteem of him a little more.
I feel like if we had any other non-Republican Democrat we might actually see student loan forgiveness during this presidency, but alas.
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Don't think it's the best way to spend his entire political capital, but we've had that discussion already.
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United Kingdom13775 Posts
Yeah, glad that Biden isn't going to use executive authority to cancel student loans. That 100% should go through Congress since it'll have a serious budget impact that needs to be handled.
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I think Biden is basically just playing hard to get. There's basically no way Biden would veto a bill to eliminate 50k student loans debt. This might be where the senate gets rid of the filibuster or perhaps Bernie uses budget reconciliation?
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Debt forgiveness as a one off thing is the dumbest policy in the world. All it does is spend a whole lot of money without actually preventing the issue from occurring a decade down the line because Congress couldn’t agree on anything.
I know people will bring up the US military expenditure but that still doesn’t make bad policy good policy. Yes it’ll help a lot of people, no it isn’t remotely close to resolving the fundamentals. It’s like giving a cancer patient a whole bucketload of morphine without bothering to deal with the cancer itself.
It needs to be packaged with higher education cost reform and policy through Congress.
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On February 19 2021 06:08 StalkerTL wrote:
Debt forgiveness as a one off thing is the dumbest policy in the world. All it does is spend a whole lot of money without actually preventing the issue from occurring a decade down the line because Congress couldn’t agree on anything.
I know people will bring up the US military expenditure but that still doesn’t make bad policy good policy. Yes it’ll help a lot of people, no it isn’t remotely close to resolving the fundamentals. It’s like giving a cancer patient a whole bucketload of morphine without bothering to deal with the cancer itself.
They give morphine to cancer patients? I didn't get any! Fucking cheapskates.
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I honestly don’t know, it’s just a thing my parents used to say. I do believe they dope you with opioids, which is incredibly fitting considering our addiction to them.
Also, is it just me or did Ted Cruz throw his daughters under the bus. The man the literally the worst person in the world, he lets Trump cuck him, lets him shit all over his dad and wife and has the first instinct to bring his daughters into an incredibly obvious and unpopular decision to fly to Cancun during a Texan natural disaster and global pandemic.
Legitimately an awful, awful person to the core. Just morally and emotionally vapid.
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On February 19 2021 06:08 StalkerTL wrote:
Debt forgiveness as a one off thing is the dumbest policy in the world. All it does is spend a whole lot of money without actually preventing the issue from occurring a decade down the line because Congress couldn’t agree on anything.
I know people will bring up the US military expenditure but that still doesn’t make bad policy good policy. Yes it’ll help a lot of people, no it isn’t remotely close to resolving the fundamentals. It’s like giving a cancer patient a whole bucketload of morphine without bothering to deal with the cancer itself.
It needs to be packaged with higher education cost reform and policy through Congress.
While I agree that higher education cost reform is necessary, why does it need to be packaged with loan forgiveness?
Democrats arent going to get 60 Senate seats any time soon and their conservative elements arent going to get rid of the filibuster, so demanding that a Democrat senate do something like thats unbelievably unlikely given how much is needed. However Biden can eliminate student debt by himself via executive order.
Democrats have power, they should use it, if they want to keep power they'll HAVE to use it, right now Democrats have one half looking like they care and the other half looking like they usually do and thats not going to be a good look going into the Midterms.
We're not likely to see significant corona virus stimulus help, we're not likely to see significant student loan help, congress is deadlocked enough by the pseudo-Republican Democrats that anything that could be spun as mildly controversial is going to have a shitty time passing, I'm not sure what is supposed to motivate people to expand or keep a Democrat controlled House and Senate going into 2022?
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The "doped up cancer patient" metaphor isn't a good one here for a variety of reasons, the biggest being that what constitutes a "patient" or “treatment” doesn't map onto the student loan debt problem well. If you're looking at things solely from a systemic point of view, sure, mass forgiveness is a palliative measure that does little to address the underlying problem. But if individual borrowers, which happen to be living, breathing people, are regarded as "patients," the nature of loan forgiveness becomes far more curative, so curative for those worst hit that it isn't hard to set forth a moral imperative that prioritizes providing material help to those that need it over slower moving systemic changes.
Of course, that doesn't detract from the larger point, that something more fundamental and long lasting would be far more effective (and perhaps worth pushing for in lieu of forgiveness), but it's not accurate to say that mass forgiveness is indefensible or stupid as far as policy goes, it's merely a policy that prioritizes things differently.
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Anyone watching the gamestop hearing today?
Anyways, if instead of student loan forgiveness they wanted to set interest rates to <1%, as befits a literally non-dischargable loan, then I think that would work out also. Paying 7% interest rates is crazy high on something that is guaranteed to be repaid.
I think this'll be a big issue closer to September. There's basically a 0% chance that interest+payments don't remain frozen until at least 2022. It would kill dems chances at the house if they had them come back before then.
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On February 19 2021 06:51 Nevuk wrote:
Anyone watching the gamestop hearing today?
Anyways, if instead of student loan forgiveness they wanted to set interest rates to <1%, as befits a literally non-dischargable loan, then I think that would work out also. Paying 7% interest rates is crazy high on something that is guaranteed to be repaid.
I think this'll be a big issue closer to September. There's basically a 0% chance that interest+payments don't remain frozen until at least 2022. It would kill dems chances at the house if they had them come back before then.
Adjusting interest rates to sub 1% would be a fantastic option as well, probably less flashy, but a very easily sellable win to parade around for midterms for sure imo.
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Forgiving debt on something a majority of voters think should be free going forward anyway is an easy win. That he can do it without Congress (neglecting he has the Senate leader's vocal support) just makes it that much more so imo.
There's not going to be a good political or economic time to stop the moratorium on payments either imo. Right now it's set to expire in September but I have a hard time imagining the economy will be anywhere near the recovery needed for that to not get him/Democrats eviscerated politically. Think Nev's right they aren't coming back before 2022 at the soonest.
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On February 19 2021 07:12 GreenHorizons wrote:
Forgiving debt on something a majority of voters think should be free going forward anyway is an easy win. That he can do it without Congress (neglecting he has the Senate leader's vocal support) just makes it that much more so imo.
There's not going to be a good political or economic time to stop the moratorium on payments either imo. Right now it's set to expire in September but I have a hard time imagining the economy will be anywhere near the recovery needed for that to not get him/Democrats eviscerated politically. Think Nev's right they aren't coming back before 2022 at the soonest.
Agreed. People have already adapted to no more student loan payments. Whether they like it or not, Dems will be utterly destroyed in the midterms if they let payments go back to the way they were. At minimum, all payments will need to be halved permanently.
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On February 19 2021 07:03 Zambrah wrote:Show nested quote +On February 19 2021 06:51 Nevuk wrote:
Anyone watching the gamestop hearing today?
Anyways, if instead of student loan forgiveness they wanted to set interest rates to <1%, as befits a literally non-dischargable loan, then I think that would work out also. Paying 7% interest rates is crazy high on something that is guaranteed to be repaid.
I think this'll be a big issue closer to September. There's basically a 0% chance that interest+payments don't remain frozen until at least 2022. It would kill dems chances at the house if they had them come back before then. Adjusting interest rates to sub 1% would be a fantastic option as well, probably less flashy, but a very easily sellable win to parade around for midterms for sure imo.
Biden already said he supports 0% interest rates, so I am assuming we'll get at least that. But I also want my total amount owed to be my original balance minus my payments. I should owe substantially less than I currently owe due to interest.
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On February 19 2021 06:17 StalkerTL wrote:
I honestly don’t know, it’s just a thing my parents used to say. I do believe they dope you with opioids, which is incredibly fitting considering our addiction to them.
Also, is it just me or did Ted Cruz throw his daughters under the bus. The man the literally the worst person in the world, he lets Trump cuck him, lets him shit all over his dad and wife and has the first instinct to bring his daughters into an incredibly obvious and unpopular decision to fly to Cancun during a Texan natural disaster and global pandemic.
Legitimately an awful, awful person to the core. Just morally and emotionally vapid.
He's demonstrating very nicely for us right now that the only way Trump was a fluke was that he didn't need the mask. If Trump had lost the 2016 nomination there wasn't going to be much better in his stead.
Literally abandoning his post and blaming his family for it. I didn't need a new reason to say fuck him, but fuck him. People are cold, trying to get by without power and water, some even dying, but their family vacation comes first. Best not to even try there, Teddy. If you don't try they can't see you fail! Simple logic.
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On February 19 2021 08:28 Mohdoo wrote:Show nested quote +On February 19 2021 07:03 Zambrah wrote:On February 19 2021 06:51 Nevuk wrote:
Anyone watching the gamestop hearing today?
Anyways, if instead of student loan forgiveness they wanted to set interest rates to <1%, as befits a literally non-dischargable loan, then I think that would work out also. Paying 7% interest rates is crazy high on something that is guaranteed to be repaid.
I think this'll be a big issue closer to September. There's basically a 0% chance that interest+payments don't remain frozen until at least 2022. It would kill dems chances at the house if they had them come back before then. Adjusting interest rates to sub 1% would be a fantastic option as well, probably less flashy, but a very easily sellable win to parade around for midterms for sure imo. Biden already said he supports 0% interest rates, so I am assuming we'll get at least that. But I also want my total amount owed to be my original balance minus my payments. I should owe substantially less than I currently owe due to interest.
Applying it retroactively would definitely be awesome. US student loans are predatory as hell, we should try anything to help halt and reverse the predation whenever possible.
I'm not particularly well versed in what it takes for that all to happen, is that something Biden's Secretary of Education would be involved with doing? From what I've seen of him he might be the type to go along with it assuming Biden or someone else doesn't tell him not to.
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EPT
