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The goal is to keep this con game going for as long as possible. No politician or central wanker wants it to collapse on their watch. Hence the game of lend, extend, and pretend. They will print a quadrillion dollars and nationalize the entire economy before they allow anyone or anything to fail.
I didnt mean to imply they want anarchy to wipe out everbody, because they need producers, so they don't have to produce anything. However, anyone not producing for them, is expendable...like older people, retirees, & those too ill to produce....enter Covid...
...but Covid got out of the bag prematurely, before they could develop a real vaccine...so far as we know....or, maybe they did, but it was not made publicly available.
Or, they might have developed a highly effective therapeudic, but didn't dispense that publicly either.
Did you know only 1 active Congressperson died of Covid...out of 535? No active high ranking federal officials died of C-19...not 1 cabinet level member out of 25...even though most all of them are 60+.
Congressional death rate: .00186% 1 of 535
Cabinet level death rate: 0% 0 of 25
Total high ranking Federal swamp members: .00178% 1 of 560
Total U.S. fatality rate: .00328% nearly TWICE that of high ranking federal politicians
"2022 being financially responsible" was irrelevant, its been about U.S. citizens (us) ability to produce for the ruling class (them).
I've written many times here, that its not Red versus Blue, its the top 1% (or < 1%) versus the rest of us, & this perfectly illustrates my claim.
2022 capped their 1st global effort to socially engineer humans on Earth....it had zero to do with personal financial responsibility.
Out of ALL the investigations in DC, why no investigation into Fauci, and the loss of 1,000,000 American lives?
Bailouts, rent/mortgage moratoriums, "stimulus," student loan "forgiveness," etc. What's the point of being financially responsible under these circumstances? The financially responsible and prudent are always sacrificed to bailout the financially reckless and irresponsible.
A few weeks ago, I dislocated my shoulder and had to go to the ER to get it fixed. Under normal circumstances, I would pay the bill right away. But now, I think I will put off paying it indefinitely.
If you want people to be financially responsible you need 2 things.
1. Do simple math. What is the median house/ apartment cost, healthcare, transportation. Then pay them to meet these needs for 40 hours of work.
2. If you can’t do this then don’t bail out the wealthy when a crash occurs while making everyone else go through austerity. Don’t make students pay 6-8 percent interest which you can’t deduct while banks pay zero and can deduct private jets.
If you really maintain this current system that is flat out failing most people younger than gen x, and you call any deviation socialist. Then people are going to say they are interested in socialism.
I was a sucker when I financed 5 kids through college through my hard work. And now more than half of them are voting Democrat. So what did I accomplish. I try to explain to them it was because of free enterprise and ambition they have no student loan debt. But they vote for this putrid socialism that is coming.
Of course what this will do is drive more people "underground" and they will continue to deal face to face and use cash. There is however a push by the Feds to do away with cash. How many people still use it when it is so convenient to swipe a card?
Many in my city of over 100K still use greenbacks, as they are newer immigrants that either don't trust banks; or are here illegally.
We still have quite of few currency exchanges.
Hmm, maybe we can use these instead: https://www.goldback.com/
I mentioned gaming the system in a previous post, with a good credit score one can borrow interest free; then make money by investing said money.
And boy does it feel good to turn the tables on banks, liberating actually.
I don't like debt forgiveness at all. You took a chance with a loan, you need to suck it up and pay it off. I'm totally against student loan forgiveness. I am way more on board with subsidizing education for people who want to be teachers, nurses, public health, as well as doctors willing to work XX amount of years to serve in places no one wants to be.
As for stimulus and bailouts, I understand that's more about keeping the economy going and not letting it crash. Gosh I remember the auto industry bailouts during the Obama years I think it was. I guess some of these companies get too big to fail and their failure ends up hurting the country. That said, there's not enough of a requirement on those bailouts to make the companies give back when their fortunes turnaround.
I never got any of the stimulus money because people who live in high CoL areas tend to get punished on that, but I see why it's done and it's not to bail people out of some poor decision, but an attempt to keep them spending.
That doesn’t even work as well as well as one might think in Scandinavian countries, where ‘rent-a-doctor’ companies act as middlemen and hire doctors for temporary assignments to go into places where doctors don’t want to ‘settle into’/settle permanently.
I was a sucker when I financed 5 kids through college through my hard work. And now more than half of them are voting Democrat. So what did I accomplish. I try to explain to them it was because of free enterprise and ambition they have no student loan debt. But they vote for this putrid socialism that is coming.
Are they open to/do they tell you why ?
If it makes you feel any better, one of my relatives is an ultra high net worth guy with a doctorate who came from nothing (and his kids all have graduate degrees), and he has the same personal lament re this that you express in the totality of your post above.
Let's poll JUST the students (& their families) who paid off their past student loan debts, how they feel about this forgiveness plan.
I'll bet the results would be 95% againt it.
Let's also poll JUST those who pay net federal income taxes...which is <1/2 of Americans...that poll too would be strongly against it.
I happen to belong to both of the aforementioned groups above, & I'm 100% against any forgiveness.
Asking/polling people who do not pay any net federal income taxes is totally illogical, wrong.
Asking people who currently have student loans that could be forgiven, is insane.
All the polls you see that show this to be a close issue, are polling th wrong groups of people...the takers...not the makers.
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