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Student loan debt forgiveness .. and disgust

Steve-FreeOnes

FO Admin / "rude, unnecessary attitude" (he/they)
Staff member
My guess is most people who get their student debt zeroed out by Biden will go on some sort of spending spree. Progressive superstar Alexandria Ocasio-Cortez recently admitted as much while on the "Late Show with Stephen Colbert."

The U.S. representative from New York said Biden’s latest student cancellation proposal means “hope to buy a house, or have a kid, or travel abroad or maybe even go back to school.”
Oh no!
 

Steve-FreeOnes

FO Admin / "rude, unnecessary attitude" (he/they)
Staff member
Kevin O'Leary is also disgusted:

"We teach everybody in America, you have to pay back your debt but not you, 5 million people for the first time ever and maybe the last? You 5 million, you’re off the hook? Why? Why is this fair…?" he went on."

https://www.yahoo.com/news/kevin-oleary-torches-biden-student-210055826.html
And, James Carville:

"Why are we forgiving student loans for people that go to Harvard?" Carville said, before referencing Scott Galloway. "Which, according to Scott Galloway, quite accurately, is nothing but a hedge fund that has classrooms .."

https://www.yahoo.com/news/james-carville-tears-democratic-party-200024163.html
Who are these people and why should anyone care what their opinions on anything are?

Also, this is not a news feed. Comment or don't post.
 

gmase

Nattering Nabob of Negativism
O’Leary is a Canadian so I am not sure what makes his voice so important. He also obtained UAE citizenship. Why no US citizenship? O’Leary is just happy he got his tax cut from Uncle Sam.

\\

Why are some people so upset with student loan forgiveness, but not with their own hero's inability to repay debt?

Six of Trump's entities have filed bankruptcy and he is quoted as saying: "I've used the laws of this country to pare debt. ... We'll have the company. We'll throw it into a chapter. We'll negotiate with the banks. We'll make a fantastic deal. You know, it's like on The Apprentice. It's not personal. It's just business."

... and he avoided paying income tax on $280m of debt foregiveness:
https://www.forbes.com/sites/nichol...given-and-avoided-paying-taxes-on-most-of-it/

... and he is avoiding paying two civil judgments amounting to over $500m.

This guy has avoided repaying millions of dollars of debt, but that's okay? I go back to comment #5. Bailing out corporations, giving tax breaks to the wealthy, and corporate subsidies are 'good', but forgiving student debt is 'evil'.
 
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