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Obama Announces Plan to Forgive All Student Loans

This is a discussion on Obama Announces Plan to Forgive All Student Loans within the Politics forums, part of the US Discussion category; Quote: Originally Posted by eagle1462010 Tax Cheat Charlie Rangel wants everyone to have free college - YouTube What a complete IDIOT? ^ Charlie's method of ...


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  #31 (permalink)  
Old 08-23-2013, 07:25 PM
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Quote: Originally Posted by eagle1462010 View Post


^ Charlie's method of fishing.
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  #32 (permalink)  
Old 08-23-2013, 07:30 PM
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Quote: Originally Posted by Roo View Post
Feel free to prove it wrong kids.
I mean no offense, but there isn't a snowballs chance in hell that this will transpire, but if it does it should be met with guns.

And that is just on principle alone, and not a defense of the staus quo, illegal banking system. The premise is completely illogical
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  #33 (permalink)  
Old 08-23-2013, 07:31 PM
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Quote: Originally Posted by Rozman View Post
I thought when you took out a loan you signed a contract.
When has a contract, or the Constitution for that matter, meant shit to Obama?
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  #34 (permalink)  
Old 08-23-2013, 07:32 PM
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  #35 (permalink)  
Old 08-23-2013, 07:38 PM
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Quote: Originally Posted by R.C. Christian View Post
Quote: Originally Posted by Roo View Post
Feel free to prove it wrong kids.
I mean no offense, but there isn't a snowballs chance in hell that this will transpire, but if it does it should be met with guns.

And that is just on principle alone, and not a defense of the staus quo, illegal banking system. The premise is completely illogical
Quote: Originally Posted by Mr. H. View Post
Quote: Originally Posted by Rozman View Post
I thought when you took out a loan you signed a contract.
When has a contract, or the Constitution for that matter, meant shit to Obama?
More nutters that haven't figured out that this is a satire piece.
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  #36 (permalink)  
Old 08-23-2013, 07:38 PM
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Quote: Originally Posted by Roo View Post
Thats it morons...attack the Messenger.

I just posted what Prez Nigga said...and he said it as a Welfare trained monkey would say it.
You should really just stfu.

Stop being so nasty just because you didn't bother checking the site.
In my life I've yet to meet anyone who can make me "shut the fuck up"....jus sayin piglet
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  #37 (permalink)  
Old 08-23-2013, 07:40 PM
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Quote: Originally Posted by AceRothstein View Post
Quote: Originally Posted by R.C. Christian View Post
Quote: Originally Posted by Roo View Post
Feel free to prove it wrong kids.
I mean no offense, but there isn't a snowballs chance in hell that this will transpire, but if it does it should be met with guns.

And that is just on principle alone, and not a defense of the staus quo, illegal banking system. The premise is completely illogical
Quote: Originally Posted by Mr. H. View Post
Quote: Originally Posted by Rozman View Post
I thought when you took out a loan you signed a contract.
When has a contract, or the Constitution for that matter, meant shit to Obama?
More nutters that haven't figured out that this is a satire piece.
That's MISTER nutter to you, bub.

Obama's still a fuck-up.
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  #38 (permalink)  
Old 08-23-2013, 08:20 PM
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  #39 (permalink)  
Old 08-23-2013, 08:40 PM
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The amazing thing is even a satirical site can come up with something the majority of people would not only find conceivable but probable. Would obie forgive all student loans if he could? Yes. The best part of satire is there's a damn good chance it could be true and I think most people know this could actually be a headline in the future.
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  #40 (permalink)  
Old 08-23-2013, 08:48 PM
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Quote: Originally Posted by R.C. Christian View Post
Quote: Originally Posted by Roo View Post
Feel free to prove it wrong kids.
I mean no offense, but there isn't a snowballs chance in hell that this will transpire, but if it does it should be met with guns.

And that is just on principle alone, and not a defense of the staus quo, illegal banking system. The premise is completely illogical

So, for sake of argument, what could Obama do? The higher education finance bubble has a lot in common with the housing bubble. Namely, a bunch of people borrowed money that they don't have a chance in hell of ever paying back (That $150,000 liberal arts degree is never going to pay for itself). A highly inflated price of education because a bunch of 'other peoples money' is sloshing around the system. They are not exactly the same. There is no analogous role for speculation in the market and I don't see a way to re-posses an education.

So, what are the options when the loans default? (After Barney Frank starts his own loan bundling financial products company)

1) Bail out the banks (Housing bubble, check)

2) Re-adjust the principle of loan to fair market value without bankruptcy (Housing bubble, check) note, currently student loans can not be disposed of in bankruptcy. They are like herpes, for life.

3) Total loan forgiveness (Housing bubble...nope)

4) Loan repayment with mandatory government service (Don't laugh, San Francisco is trying an analogous thing with houses using eminent domain)

5) Ignore the problem.

I am thinking 1 & 2.
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  #41 (permalink)  
Old 08-23-2013, 09:21 PM
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Quote: Originally Posted by LadyGunSlinger View Post
Can I get a new car while he's at it? I'd like the dream car I posted in the auto thread.. An Aston Martin will do Barack.. thanks.
You can on your own. Write a book like Levin. You'll sell millions of copies to stupid, short minded people.
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Old 08-23-2013, 09:44 PM
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Quote: Originally Posted by OnePercenter View Post
Quote: Originally Posted by LadyGunSlinger View Post
Can I get a new car while he's at it? I'd like the dream car I posted in the auto thread.. An Aston Martin will do Barack.. thanks.
You can on your own. Write a book like Levin. You'll sell millions of copies to stupid, short minded people.
Or just start a company making solar panels that don't work and as long as you donate to obie you can get half a billion.
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  #43 (permalink)  
Old 08-23-2013, 10:08 PM
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I got caught by that website once...

Never again.
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  #44 (permalink)  
Old 08-23-2013, 10:08 PM
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Quote: Originally Posted by AzMike View Post
Quote: Originally Posted by OnePercenter View Post
Quote: Originally Posted by LadyGunSlinger View Post
Can I get a new car while he's at it? I'd like the dream car I posted in the auto thread.. An Aston Martin will do Barack.. thanks.
You can on your own. Write a book like Levin. You'll sell millions of copies to stupid, short minded people.
Or just start a company making solar panels that don't work and as long as you donate to obie you can get half a billion.
Of course the truth is the Chinese wiped out the market with subsidies.

Why don't you bring up Tesla? I own two S's and a load of their stock. Cha-Ching!

Why are you so down on America?
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Old 08-23-2013, 10:09 PM
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Seems like the entire thread was to let the sick-fuck racists practice their hate.
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