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Would those "plans" include shutting the money teat off to farm subsidys,corporations and banks as well or just the poor,retired,sick and needy within our borders?
If that money is coming from Federal tax dollars, YES. If the poor, sick and needy LEGALLY within our borders need help it should be handled by the state they live in.
Most debt is not voluntary. Frequently it is taken on for survival. In the case of student loans it is for the opportunity to make more money after graduation or to simply understand the world. Why should all education be reduced to a trade school? I do not believe this debt should be protected from bankruptcy. That forces the borrower to work for the lender instead of working for themselves. That is another version of a company store.
The country would be better off without any private student loans. The loans could be made directly by the government at the Federal interest rate and collected by a fixed surcharge on taxable income until the loan is paid. This would cost the students much less and the universities and publishers could still maintain their usurious profit margins.
I do not subscribe to the notion that all debt has to be paid at all costs to the debtor. IMHO debt only has to be paid if the payments do not impoverish the debtor. Debt should never be passed on to the debtor's family. If it takes the creditor longer to reclain the loan that just means more interest is collected. If the debtor dies before the loan is paid off that is the lender's bad fortune.
Location: Democratic Peoples Republic of Redneckistan
11,078 posts, read 15,074,986 times
Reputation: 3937
Quote:
Originally Posted by Backspace
If that money is coming from Federal tax dollars, YES. If the poor, sick and needy LEGALLY within our borders need help it should be handled by the state they live in.
Where the hell else would FEDERAL farm subsidys,bailout money and IRS tax loopholes for corporations come from.
I get ya on the legally thing and agree on that point 100%.
LOL...ok...I'll rephrase it....The people that I know personally that are TB supporters and the one rally I attended gave me that impression...is that better?
Not really. I think you're lying. I've been to MANY TP rallies, and saw none of what you are alluding to. But I have heard that NPR and their ilk are spreading the lies that TP rallies and their supporters are racists. I'm thinking you heard that, and decided to jump in with the old Lib tactic of "if I hear it on NPR, it MUST be true."
I like how you qualified your statement, "Tea Partiers like myself". Of course that doesn't explain the thousands of Teabaggers who appeared before TV cameras protesting the government that propelled the movement into prominence. But now that you have an opportunity to protest in front of the focus of your derision, corporate domination of politics and the bailouts... where is the Tea Party???
What do you care? Your juvenile namecalling shows you will criticize the TP no matter what they do.
Why aren't you down there? Or do you sympathize with Wall Street bigshots.
Most debt is not voluntary. Frequently it is taken on for survival. In the case of student loans it is for the opportunity to make more money after graduation or to simply understand the world. Why should all education be reduced to a trade school? I do not believe this debt should be protected from bankruptcy. That forces the borrower to work for the lender instead of working for themselves. That is another version of a company store.
The country would be better off without any private student loans. The loans could be made directly by the government at the Federal interest rate and collected by a fixed surcharge on taxable income until the loan is paid. This would cost the students much less and the universities and publishers could still maintain their usurious profit margins.
I do not subscribe to the notion that all debt has to be paid at all costs to the debtor. IMHO debt only has to be paid if the payments do not impoverish the debtor. Debt should never be passed on to the debtor's family. If it takes the creditor longer to reclain the loan that just means more interest is collected. If the debtor dies before the loan is paid off that is the lender's bad fortune.
So you don't think that contracts should be enforced every time? I'm thinking you would change your tune if someone broke a contract with you, and you suffered for it. How about, if the payments impoverish the debtor, they choose not to go into debt?
ALL debt is voluntary. No one holds a gun to someone's head and forces them to borrow money. In the case of student loans, it's a choice to borrow against your future earnings. But that's not your only choice.
I think you're comment about trade schools is hilarious, by the way. You don't want colleges to be reduced to trade schools? Oh, yes, better to have a degree in Japanese Underwater Basket Weaving with a minor in I've Never Worked a Real Job in My Life, than to come out with a real skill.
I have had people break contracts with me and I did not, mostly as a result of the lack of payment, have enough money to press charges. I suffered for my trusting. I have learned.
Many people go into debt not to but luxuries but necessities like food and shelter. Should they choose to starve in the rain? Effectively a gun is being held to their head. It is usually being held by a factory or mine owner’s company store.
By forcing payments of student loans the government is coercing these individuals to sacrifice their lives for the benefit of a banker. This is why I want the loans to be directly provided by and repaid to the government. That way we all benefit from the graduate that starts the next Microsoft and suffer a small amount from the kid that takes underwater basket weaving and realizes the pattern that creates a Warp Drive or something equally spectacular or just as mundane as raising their kids to appreciate learning for its own sake.
Location: Democratic Peoples Republic of Redneckistan
11,078 posts, read 15,074,986 times
Reputation: 3937
Quote:
Originally Posted by ringwise
Not really. I think you're lying. I've been to MANY TP rallies, and saw none of what you are alluding to. But I have heard that NPR and their ilk are spreading the lies that TP rallies and their supporters are racists. I'm thinking you heard that, and decided to jump in with the old Lib tactic of "if I hear it on NPR, it MUST be true."
Boy,those keyboards are awesome to hide behind for you when you call someone a liar ain't they?
I went to only one and "Joe the scab unlicensed plumber" was the big draw..so...if you call that frigging moron a speaker of substance,you deserve whomsoever "your" crackpot bunch backs for POTUS...no matter how batcrap crazy and unqualified they may be..so run what ya brung..and I'll see you at the election
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