Sanders just submitted college for all bill.

[Arianrhod]

Don't you all love that. How easy is it for these SNAKES to give away things like free college for all when it's NOT their money paying for it.

(1) It's free tuition at STATE colleges
(2) Are you a hedge fund manager?

 

[Manonthestreet]

I live in a blue state...they sheeple what ever the FEDs want...,,,true states rights involves the Feds respecting states and not trying to blackmail them into every hairbrained idea

So education is a "hare-brained idea"? I see.

Which of course I didnt say

Sanders' proposal is about education. Your posts are anti-fed, anti-Dem rants. Post something substantive about education.

Sanders bill is about advancing dem doctrine thru Fed mandates otherwise you get jack......next

 

[Dont Taz Me Bro]

This won't pass nor should it. All Sanders would be doing is further contributing to the problem of increasing tuition rates.

 

[Arianrhod]

I live in a blue state...they sheeple what ever the FEDs want...,,,true states rights involves the Feds respecting states and not trying to blackmail them into every hairbrained idea

So education is a "hare-brained idea"? I see.

Which of course I didnt say

Sanders' proposal is about education. Your posts are anti-fed, anti-Dem rants. Post something substantive about education.

Sanders bill is about advancing dem doctrine thru Fed mandates otherwise you get jack......next

And this is why more Americans need better education. Thank you for illustrating my point.

 

[Arianrhod]

This won't pass nor should it. All Sanders would be doing is further contributing to the problem of increasing tuition rates.

Fascinating hypothesis. Please explain.

 

[Manonthestreet]

I live in a blue state...they sheeple what ever the FEDs want...,,,true states rights involves the Feds respecting states and not trying to blackmail them into every hairbrained idea

So education is a "hare-brained idea"? I see.

Which of course I didnt say

Sanders' proposal is about education. Your posts are anti-fed, anti-Dem rants. Post something substantive about education.

Sanders bill is about advancing dem doctrine thru Fed mandates otherwise you get jack......next

And this is why more Americans need better education. Thank you for illustrating my point.

I think you have it backwards.......llmaaaoooo or you're just the avg truth challenged lib here

 

[Stephanie]

Anything these progressive/Socialist presents like this free college for all. is not freedom. Remember what they the Master Guberment can give, they can also take it away or make more DEMANDS on you: their new slaves

 

[Toddsterpatriot]

Apparently some people see the word "tax" and their brains shut down.

Here's a one-page summary of the proposal:

http://www.sanders.senate.gov/download/collegeforallsummary/?inline=file

Let me quote the only part that's apparently of concern (no one here has college-age kids?):

Fully Paid for by Imposing a Robin Hood Tax on Wall Street.
This legislation is offset by imposing a Wall Street speculation fee on investment houses, hedge fund
s, and other speculators of 0.5% on stock trades (50 cents for every $100 worth of stock), a 0.1% fee
on bonds, and a 0.005% fee on derivatives. It has been estimated that this provision could
raise hundreds of billions a year which could be used not only to make tuition free at public colleges
and universities in this country, it could also be used to create millions of jobs and rebuild the
middle class of this country.

I'll be happy to break it down further if anyone's interested but, bottom line, unless you're a hedge fund manager (and a bad one), you've got nothing to worry about.

This legislation is offset by imposing a Wall Street speculation fee on investment houses, hedge fund
s, and other speculators of 0.5% on stock trades (50 cents for every $100 worth of stock), a 0.1% fee
on bonds, and a 0.005% fee on derivatives. It has been estimated that this provision could
raise hundreds of billions a year

Awesome idea! What will we do when trading operations relocate to London or Frankfurt?

 

[Penelope]

Soon there won't be stick and motor colleges, no sense in adding on to them. I know teachers who got teaching degrees via net and did on the job training in her area ,, and also one does not need to go to school, except for testing's or for on the job training, or chemistry classes, etc. There goes a lot of construction jobs, teaching jobs, janitor jobs, etc. That will become the norm In they say 20 years.

They are even thinking of changing law schools, learn the basics and then pick your area, work under a mentor.

I mean today, a teen is young as 12 and as old as 29, start younger and last longer.

 

[Arianrhod]

Awesome idea! What will we do when trading operations relocate to London or Frankfurt?

Over a 0.05% fee? Not gonna happen.

Anything these progressive/Socialist presents like this free college for all. is not freedom. Remember what they the Master Guberment can give, they can also take it away or make more DEMANDS on you: their new slaves

Hey, everybody! Did you know Stephanie's a hedge fun manager? Crazy, right?

 

[Arianrhod]

Soon there won't be stick and motor colleges, no sense in adding on to them. I know teachers who got teaching degrees via net and did on the job training in her area ,, and also one does not need to go to school, except for testing's or for on the job training, or chemistry classes, etc. There goes a lot of construction jobs, teaching jobs, janitor jobs, etc. That will become the norm In they say 20 years.

They are even thinking of changing law schools, learn the basics and then pick your area, work under a mentor.

I mean today, a teen is young as 12 and as old as 29, start younger and last longer.

A trade school degree costs about 33K, which puts it out of reach for many families. Trade schools would be included in the proposed legislation.

Once upon a time, BTW, state college tuition was free or as low as $50 a semester.

 

[irosie91]

this move might cost Sanders the nomination. The general folk is too cash strapped right now for this
proposal to fly

 

[Toddsterpatriot]

Awesome idea! What will we do when trading operations relocate to London or Frankfurt?

Over a 0.05% fee? Not gonna happen.

Over a 0.05% fee?

Ummmmm.......

0.5% on stock trades

Perhaps you need a math class?

It has been estimated that this provision could raise hundreds of billions a year

Yes, hundreds of billions a year would be a great incentive to move operations.

 

[Arianrhod]

this move might cost Sanders the nomination. The general folk is too cash strapped right now for this
proposal to fly

IT'S NOT ABOUT "THE GENERAL FOLK," IT'S ABOUT A ONE-HALF PERCENT TAX ON HEDGE FUND TRANSACTIONS!

Trick question: Does anyone here even know what a hedge fund is?

 

[Toddsterpatriot]

this move might cost Sanders the nomination. The general folk is too cash strapped right now for this
proposal to fly

IT'S NOT ABOUT "THE GENERAL FOLK," IT'S ABOUT A ONE-HALF PERCENT TAX ON HEDGE FUND TRANSACTIONS!

Trick question: Does anyone here even know what a hedge fund is?

No. It is a tax on all stock trades. Higher costs for my mutual funds takes money away from my retirement.

 

[Arianrhod]

Awesome idea! What will we do when trading operations relocate to London or Frankfurt?

Over a 0.05% fee? Not gonna happen.

Over a 0.05% fee?

Ummmmm.......

0.5% on stock trades

Perhaps you need a math class?

It has been estimated that this provision could raise hundreds of billions a year

Yes, hundreds of billions a year would be a great incentive to move operations.

Okay, one zero too many. I plead guilty to being mathmactically dyslexic.

That said, stop and think for a minute: If a 0.5% per hedge fund transaction will raise billions, just how much revenue do hedge funds generate?

P.S. Hedge-fund speculation on subprime mortgage bundles was what caused the crash in '08. Also, hedge funds are only a portion of the stock market. You do understand that, right?

 

[Arianrhod]

this move might cost Sanders the nomination. The general folk is too cash strapped right now for this
proposal to fly

IT'S NOT ABOUT "THE GENERAL FOLK," IT'S ABOUT A ONE-HALF PERCENT TAX ON HEDGE FUND TRANSACTIONS!

Trick question: Does anyone here even know what a hedge fund is?

No. It is a tax on all stock trades. Higher costs for my mutual funds takes money away from my retirement.

If your broker is an idiot. If he's smart, he'll eat those costs himself, then write them off as a loss. Kind of like when a retailer hides the sales tax in the cost of the widget you're buying.

 

[TooTall]

Apparently some people see the word "tax" and their brains shut down.

Here's a one-page summary of the proposal:

http://www.sanders.senate.gov/download/collegeforallsummary/?inline=file

Let me quote the only part that's apparently of concern (no one here has college-age kids?):

Fully Paid for by Imposing a Robin Hood Tax on Wall Street.
This legislation is offset by imposing a Wall Street speculation fee on investment houses, hedge fund
s, and other speculators of 0.5% on stock trades (50 cents for every $100 worth of stock), a 0.1% fee
on bonds, and a 0.005% fee on derivatives. It has been estimated that this provision could
raise hundreds of billions a year which could be used not only to make tuition free at public colleges
and universities in this country, it could also be used to create millions of jobs and rebuild the
middle class of this country.

I'll be happy to break it down further if anyone's interested but, bottom line, unless you're a hedge fund manager (and a bad one), you've got nothing to worry about.

Break this down further for me.

the College for All Act, the federal government would cover 67% of this cost, while the states would

be responsible for the remaining 33% of the cost. (then above it says states get 47 billion a year, so why not have the fed gov to pay the cost)

 

[irosie91]

this move might cost Sanders the nomination. The general folk is too cash strapped right now for this
proposal to fly

IT'S NOT ABOUT "THE GENERAL FOLK," IT'S ABOUT A ONE-HALF PERCENT TAX ON HEDGE FUND TRANSACTIONS!

Trick question: Does anyone here even know what a hedge fund is?

I don't..........seems to me everyone else does--------so I keep quiet when the subject is
mentioned-------should I google? should I care?

 

[irosie91]

this move might cost Sanders the nomination. The general folk is too cash strapped right now for this
proposal to fly

IT'S NOT ABOUT "THE GENERAL FOLK," IT'S ABOUT A ONE-HALF PERCENT TAX ON HEDGE FUND TRANSACTIONS!

Trick question: Does anyone here even know what a hedge fund is?

No. It is a tax on all stock trades. Higher costs for my mutual funds takes money away from my retirement.

If your broker is an idiot. If he's smart, he'll eat those costs himself, then write them off as a loss. Kind of like when a retailer hides the sales tax in the cost of the widget you're buying.

what is a "widget" ? It is not legal to hide the sales tax in the price------or so I used to
believe