Elizabeth Warren proposes canceling student loan debt and offering free public college

[gallantwarrior]

Sorry I should have said brainwashed functional dumbass dupe. Dupe is not a personal attack, it is a political attack the way I see it anyway.the duing of GOP voters by the GOP propaganda machine is the most important story of the last 30 years. I don't blame the dupes, it is a brilliant operation.

Don't back pedal. You have nothing but personal attacks and insults. Nothing credible.

Google it and stop being a dupe. the nonrich pay about twice as much percentage wise in state and local taxes as the rich, and payroll taxes now add up to more than federal income taxes and the non-rich obviously pay much more of that. GOP voters are so brainwashed they can't talk about anything but income taxes LOL.

I don't need to Google it, I do it for my job and understand the concept of Total Tax Burden. The reality is that our Income Tax systems are Progressive. There are other taxes like gasoline taxes, property and real estate taxes, sales tax and other that are regressive. However, most people's largest component by amount and percentage is their INCOME TAXES. Many people don't pay them as they don't make enough.

If you are talking about Capital Gains, that is an entire discussion in itself, and one of the reason people invest and CREATE JOBS for the lower income earners.

Please describe "progressive" and "regressive" taxes.

Please go look it up it is a very easy concept to understand.

Nah, I'm interested in your interpretation of those concepts, thanks.

 

[Pilot1]

Don't back pedal. You have nothing but personal attacks and insults. Nothing credible.

Google it and stop being a dupe. the nonrich pay about twice as much percentage wise in state and local taxes as the rich, and payroll taxes now add up to more than federal income taxes and the non-rich obviously pay much more of that. GOP voters are so brainwashed they can't talk about anything but income taxes LOL.

I don't need to Google it, I do it for my job and understand the concept of Total Tax Burden. The reality is that our Income Tax systems are Progressive. There are other taxes like gasoline taxes, property and real estate taxes, sales tax and other that are regressive. However, most people's largest component by amount and percentage is their INCOME TAXES. Many people don't pay them as they don't make enough.

If you are talking about Capital Gains, that is an entire discussion in itself, and one of the reason people invest and CREATE JOBS for the lower income earners.

Please describe "progressive" and "regressive" taxes.

Please go look it up it is a very easy concept to understand.

Nah, I'm interested in your interpretation of those concepts, thanks.

I don't have an interpretation, I just know the definition I was taught in economics class.

 

[basquebromance]

" it is heartening to see this proposal coupled with one that targets aid to historically black colleges and other minority-serving institutions."

 

[basquebromance]

She hopes to create a fund of at least $50 billion to help HBCUs, which have historically been underfunded, as well as other minority-serving institutions—such as Hispanic-serving institutions and tribal colleges—spend as much money on each of their students as predominantly white institutions do.

 

[FA_Q2]

When you say "fraud is being committed on Americans", are Americans' personal wealth or pursuit of Economic Prosperity being compromised? Socialism will take personal wealth and pursuit of economic prosperity all under the guise of protecting from billionaires' activities. Thank you but I would rather deal with billionaires in a capitalist economy vs. crony capitalists in a socialist economy. I make more money and enjoy more personal freedom in the former.

I thought as you do...once. No longer. We live in a terribly corrupt system. Income inequality is off the charts.

You may be fine with half of humanity living lives of poverty, while these billionaire cocksuckers gain more wealth and power, I am not.

American poverty or global poverty? You said half of humanity lives of poverty so I assume you mean global poverty. People suffering from global poverty would love the opportunity to be in America.

Yes global. There certainly is plenty of poverty in the US, however.

I find it appalling that we have so much poverty, yet these billionaires continue to enrich and empower themselves without an iota of concern. Their only concern is making sure they are protected from the masses, should the masses wake up and knock down their doors.

I know. How dare those wealthy people steal all that money from the poor. As they get more wealth, the rest of us sink ever deeper into poverty:

Well, at least if you ignore every iota of data that exists out there.



Billionaires wealth is growing ever faster. Ironically, the level of world poverty is dropping at an increased rate as well. I guess the fleecing argument is bullshit.

Yes everything is peaches and cream.

You think this absurd concentration of wealth is acceptable. I don’t know how that is possible.

In 2017 EIGHT MEN OWNED HALF THE WORLD’S WEALTH. EIGHT MFers!!!

Peaches and cream?

Who made that claim? I did not - I just refuted the idea that the rising tide is not raising all boats. Clearly it is. The real question here is why income inequality is so horrible that everyone is getting wealthier and is better off in record breaking numbers as well as (and far more importantly) trends.

More people are being lifted out of poverty at a higher rate than at any point in history. This is a solid fact. How do you square that with doom and gloom?

 

[FA_Q2]

Why though when we could borrow another trillion for bombing brown people instead? That's what real nationalism is about, right?

Anyway, sarcasm aside, this will be Donald's 2020 competitor. You better take her seriously. Calling her Pocahontas won't be good enough.

Elizabeth Warren proposes canceling student loan debt and offering free public college

The proposal would cancel up to $50,000 in debt for people with annual household income under $100,000. Beyond that income threshold, smaller amounts of debt would be canceled, but no one with more than $250,000 in household income would be eligible.

To keep students from accumulating more debt in the future, Warren also proposes making two- and four-year public colleges tuition free, according to a plan unveiled in advance of a Monday evening CNN town hall focused on issues of interest to young voters.

With a price tag of $1.25 trillion over 10 years, Warren’s higher-education initiatives up the ante on an issue that most 2020 Democratic presidential candidates have been trying to address in more modest ways.

Most of the countries that respect their citizens they provide decent health care and cheap education. I'm glad I grow up in a poor country where higher education was available for free.
Cut spending from the military, WH, Congress, foreign aid ( Israel 3 billion), and other programs
Also educating the masses will ensure the death of racism and bigotry hence, ***** like trump can never make it.

Many believe Trump won because of the outrageous income inequality in the USA. I tend to think they are right. Hillary would have continued Obama’s diasterous policies, which made the rich richer and every else poorer.

And as pointed out - this statement is false. Period.

It simply disagrees with what actually happened in reality.

 

[FA_Q2]

Continue to ignore this huge problem. You may be fine with eight men having as much wealth as half the world. I am not. We have people around the world trying to live on $2 a day, while these rich bastards do all they can to further enrich and empower themselves. It’s obscene.

It depends on how they got the wealth. This is where your argument needs to be more specific. I can't get behind an agenda that claims that merely having too much wealth is a crime. If the wealth is accrued through voluntary transactions, via people simply paying for the things they want and need, then any resulting income disparity is the will of the people, and should be honored as such.

If, on the other hand, wealth is the result of theft or fraud, or if it was amassed as a result of sweetheart deals with government - then yes, it is wrong and something should be done. I believe there are many, many examples of this that we can address. And if liberals focused on those cases, instead of promoting the general idea that it's wrong for someone to have "too much" money, they'd find real consensus with libertarians and (some) conservatives - enough to get real momentum for rooting out the corruption.

That is not the argument. I don’t care how they attained their wealth, though I think one can make a solid argument that all of them attained their massive wealth fraudulently. I base this on the fact that our central government is for sale, has been for decades, to the highest bidder. They all use government as a protection racket the Mafia can only dream of.

We don’t have free market capitalism with the huge transnational corporations. We have a Fascist system of cronyism. This is how the billionaires become billionaires.

The point is when we have millions if not a billion humans on the planet living in squalor, while a tiny select few humans live in unprecedented luxury, it is immoral.

This makes no sense to me. You (correctly, I think) identify the problem: our government is for sale. And that is the problem we should resolve. Harassing the buyers, or raising their taxes, or whatever scheme one might cook up to redistribute income, only gives government more power, more "services" to sell to wealthy interests.

Like college debt forgiveness - a massive transfer of wealth to education institutions. And no, that is not a transfer to 'education' but to the institution.

 

[dblack]

I wouldn't mind if the Government paid my student loan off.

Also, hookers and blow.

Democrats should go all-in on this free shit thing.

so every other modern country has a living wage Health Care daycare paid parental leave cheap college and training great vacations and infrastructure...

But they don't have free hookers and blow. To you have any hope of selling socialism in the US, you need to kick it up a notch.

 

[FA_Q2]

How do we stop wealth consolidation without destroying the incentive to invest, take risks, etc?

The better question is how you manage to control wealth consolidation without destroying the markets ability to enrich everyone.

 

[FA_Q2]

When you say "fraud is being committed on Americans", are Americans' personal wealth or pursuit of Economic Prosperity being compromised? Socialism will take personal wealth and pursuit of economic prosperity all under the guise of protecting from billionaires' activities. Thank you but I would rather deal with billionaires in a capitalist economy vs. crony capitalists in a socialist economy. I make more money and enjoy more personal freedom in the former.

I thought as you do...once. No longer. We live in a terribly corrupt system. Income inequality is off the charts.

You may be fine with half of humanity living lives of poverty, while these billionaire cocksuckers gain more wealth and power, I am not.

American poverty or global poverty? You said half of humanity lives of poverty so I assume you mean global poverty. People suffering from global poverty would love the opportunity to be in America.

Yes global. There certainly is plenty of poverty in the US, however.

I find it appalling that we have so much poverty, yet these billionaires continue to enrich and empower themselves without an iota of concern. Their only concern is making sure they are protected from the masses, should the masses wake up and knock down their doors.

I know. How dare those wealthy people steal all that money from the poor. As they get more wealth, the rest of us sink ever deeper into poverty:

Well, at least if you ignore every iota of data that exists out there.



Billionaires wealth is growing ever faster. Ironically, the level of world poverty is dropping at an increased rate as well. I guess the fleecing argument is bullshit.

WHO MAKES THEM RICH?

I don't have a Facebook account, I don't have a Twitter account
I don't shop Amazon, I don't have a smartphone,
I don't buy Nike, I do not use a Bank, I have no credit cards
I do not own a car, I buy my clothes from thrift stores,
I had my cooking gas shut off years ago....

I have a $20 phone bill and use Xfinity prepaid internet

And that is the beauty of open markets and business.

You want those rich people to cease to exist you have the ultimate power to do so. The reality is that all those people that hate the wealthy absolutely love the products and services that those wealthy people bring.

It is interesting how being uber wealthy is immoral to those like Gipper BUT there seems to be no immorality to his actions in directly creating wealthy people. It is only immoral to do what people ask you to I guess. Making the demand in the first place is totally kosher.

 

[LeftofLeft]

I thought as you do...once. No longer. We live in a terribly corrupt system. Income inequality is off the charts.

You may be fine with half of humanity living lives of poverty, while these billionaire cocksuckers gain more wealth and power, I am not.

American poverty or global poverty? You said half of humanity lives of poverty so I assume you mean global poverty. People suffering from global poverty would love the opportunity to be in America.

Yes global. There certainly is plenty of poverty in the US, however.

I find it appalling that we have so much poverty, yet these billionaires continue to enrich and empower themselves without an iota of concern. Their only concern is making sure they are protected from the masses, should the masses wake up and knock down their doors.

I know. How dare those wealthy people steal all that money from the poor. As they get more wealth, the rest of us sink ever deeper into poverty:

Well, at least if you ignore every iota of data that exists out there.



Billionaires wealth is growing ever faster. Ironically, the level of world poverty is dropping at an increased rate as well. I guess the fleecing argument is bullshit.

Yes everything is peaches and cream.

You think this absurd concentration of wealth is acceptable. I don’t know how that is possible.

In 2017 EIGHT MEN OWNED HALF THE WORLD’S WEALTH. EIGHT MFers!!!

Peaches and cream?

Who made that claim? I did not - I just refuted the idea that the rising tide is not raising all boats. Clearly it is. The real question here is why income inequality is so horrible that everyone is getting wealthier and is better off in record breaking numbers as well as (and far more importantly) trends.

More people are being lifted out of poverty at a higher rate than at any point in history. This is a solid fact. How do you square that with doom and gloom?

In the US, the income inequality is so great that the poor need to determine if you make more with government assistance or getting a job.

 

[francoHFW]

I wouldn't mind if the Government paid my student loan off.

Also, hookers and blow.

Democrats should go all-in on this free shit thing.

so every other modern country has a living wage Health Care daycare paid parental leave cheap college and training great vacations and infrastructure...

But they don't have free hookers and blow. To you have any hope of selling socialism in the US, you need to kick it up a notch.

Try thinking someday

 

[francoHFW]

American poverty or global poverty? You said half of humanity lives of poverty so I assume you mean global poverty. People suffering from global poverty would love the opportunity to be in America.

Yes global. There certainly is plenty of poverty in the US, however.

I find it appalling that we have so much poverty, yet these billionaires continue to enrich and empower themselves without an iota of concern. Their only concern is making sure they are protected from the masses, should the masses wake up and knock down their doors.

I know. How dare those wealthy people steal all that money from the poor. As they get more wealth, the rest of us sink ever deeper into poverty:

Well, at least if you ignore every iota of data that exists out there.



Billionaires wealth is growing ever faster. Ironically, the level of world poverty is dropping at an increased rate as well. I guess the fleecing argument is bullshit.

Yes everything is peaches and cream.

You think this absurd concentration of wealth is acceptable. I don’t know how that is possible.

In 2017 EIGHT MEN OWNED HALF THE WORLD’S WEALTH. EIGHT MFers!!!

Peaches and cream?

Who made that claim? I did not - I just refuted the idea that the rising tide is not raising all boats. Clearly it is. The real question here is why income inequality is so horrible that everyone is getting wealthier and is better off in record breaking numbers as well as (and far more importantly) trends.

More people are being lifted out of poverty at a higher rate than at any point in history. This is a solid fact. How do you square that with doom and gloom?

In the US, the income inequality is so great that the poor need to determine if you make more with government assistance or getting a job.

Nobody wants to be on welfare, it's the last option. Every other modern country has a living wage. And all that other stuff. Only propaganda makes it possible, your ridiculous GOP brainwash.

 

[francoHFW]

I thought as you do...once. No longer. We live in a terribly corrupt system. Income inequality is off the charts.

You may be fine with half of humanity living lives of poverty, while these billionaire cocksuckers gain more wealth and power, I am not.

American poverty or global poverty? You said half of humanity lives of poverty so I assume you mean global poverty. People suffering from global poverty would love the opportunity to be in America.

Yes global. There certainly is plenty of poverty in the US, however.

I find it appalling that we have so much poverty, yet these billionaires continue to enrich and empower themselves without an iota of concern. Their only concern is making sure they are protected from the masses, should the masses wake up and knock down their doors.

I know. How dare those wealthy people steal all that money from the poor. As they get more wealth, the rest of us sink ever deeper into poverty:

Well, at least if you ignore every iota of data that exists out there.



Billionaires wealth is growing ever faster. Ironically, the level of world poverty is dropping at an increased rate as well. I guess the fleecing argument is bullshit.

WHO MAKES THEM RICH?

I don't have a Facebook account, I don't have a Twitter account
I don't shop Amazon, I don't have a smartphone,
I don't buy Nike, I do not use a Bank, I have no credit cards
I do not own a car, I buy my clothes from thrift stores,
I had my cooking gas shut off years ago....

I have a $20 phone bill and use Xfinity prepaid internet

And that is the beauty of open markets and business.

You want those rich people to cease to exist you have the ultimate power to do so. The reality is that all those people that hate the wealthy absolutely love the products and services that those wealthy people bring.

It is interesting how being uber wealthy is immoral to those like Gipper BUT there seems to be no immorality to his actions in directly creating wealthy people. It is only immoral to do what people ask you to I guess. Making the demand in the first place is totally kosher.

They have plenty of rich people in socialist countries IE fair capitalism with a good safety net.

 

[Admiral Rockwell Tory]

There is a program for this already. Join the military!

Exactly

Doesn't the National Guard still offer tuition at state colleges in exchange for service?

I know they pay towards college, but my expertise is with the Army and Army Reserve.

 

[FA_Q2]

There is a program for this already. Join the military!

Exactly

Doesn't the National Guard still offer tuition at state colleges in exchange for service?

I know they pay towards college, but my expertise is with the Army and Army Reserve.

The GI bill is universal in the DoD and pays for any college (accredited) whatsoever but has caps so only fully covers the more thrifty locations.

 

[Admiral Rockwell Tory]

There is a program for this already. Join the military!

Exactly

Doesn't the National Guard still offer tuition at state colleges in exchange for service?

I know they pay towards college, but my expertise is with the Army and Army Reserve.

The GI bill is universal in the DoD and pays for any college (accredited) whatsoever but has caps so only fully covers the more thrifty locations.

I would kindly suggest you research the GI Bill in it's current form. Your information is dated and inaccurate.

The GI Bill has nothing to do with student loans.

 

[FA_Q2]

There is a program for this already. Join the military!

Exactly

Doesn't the National Guard still offer tuition at state colleges in exchange for service?

I know they pay towards college, but my expertise is with the Army and Army Reserve.

The GI bill is universal in the DoD and pays for any college (accredited) whatsoever but has caps so only fully covers the more thrifty locations.

I would kindly suggest you research the GI Bill in it's current form. Your information is dated and inaccurate.

The GI Bill has nothing to do with student loans.

I was referring to free college. The original statement was: Doesn't the National Guard still offer tuition at state colleges

That has nothing to do with loans.

 

[Admiral Rockwell Tory]

There is a program for this already. Join the military!

Exactly

Doesn't the National Guard still offer tuition at state colleges in exchange for service?

I know they pay towards college, but my expertise is with the Army and Army Reserve.

The GI bill is universal in the DoD and pays for any college (accredited) whatsoever but has caps so only fully covers the more thrifty locations.

I would kindly suggest you research the GI Bill in it's current form. Your information is dated and inaccurate.

The GI Bill has nothing to do with student loans.

I was referring to free college. The original statement was: Doesn't the National Guard still offer tuition at state colleges

That has nothing to do with loans.

He agreed with my statement about joining the military, which has opportunities for student loan repayment or money for college, which was the thread topic..

 

[FA_Q2]