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Biden to defy Supreme Court in second attempt at sweeping student loan handout (www.foxbusiness.com)

submitted 1 year ago by wintermute_oregon@lemm.ee to c/conservative@lemm.ee

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I am against student loan repayments. A plumber should not be paying for your gender studies degree.

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[–] jimbolauski@lemm.ee 0 points 1 year ago (1 children)

So you've proven you don't know what confiscation is, twice. More than the government can confiscate, it doesn't have to be perminanent, and compensation does not factor in. A teacher can confiscate a toy from a child and give it back at the end of the day. In 1934 FDR signed the gold reserve act and all privately owned gold was confiscated, the gold owners were reimbursed but that doesn't change that their gold was confiscated.

There is no student loan forgiveness law or even a bill, so I don't need to contact my congressmen. It's just one man who is breaking the law with his edicts.

the irresponsible parties were the lenders who should not have lent this money in the first place those who couldn’t pay for it. The risk was theirs to take, not the ill-informed people they took advantage of.

The lenders were many things but irresponsible is not one of them. Student loans have to be paid back, bankruptcy doesn't get rid of the debt. Signing things you don't understand is irresponsible, expecting others to pay your debt is irresponsible.

Ciataions for what? The definition of confiscate? That there is not infinate money? That there is no student loan forgiveness law?

[–] gregorum@lemm.ee 1 points 1 year ago* (last edited 1 year ago) (1 children)

I gave you the legal definition of confiscate. You whining about that doesn’t change the facts.

And I explained how the student loans would be paid back. You whining about that doesn’t change that either.

Taxation is the subscription fee you pay for living in a society. Like Netflix, you may not like every show produced, but to have access you have to pay the subscription fee. If you don’t like the subscription fee for living in this society, then leave.

[–] jimbolauski@lemm.ee 0 points 1 year ago (1 children)

gave you the legal definition of confiscate. You whining about that doesn’t change the facts.

Except when you claimed it couldn't be confiscation because it was legal.

And I explained how the student loans would be paid back. You whining about that doesn’t change that either.

You said the government will pay the loans... I'm not sure why you think that's profound. You also made claims that paying student loans would help the economy but your limited grasp of the economy and understanding of finite resources has stopped you from explaining how.

Taxation is the subscription fee you pay for living in a society. Like Netflix, you may not like every show produced, but to have access you have to pay the subscription fee. If you don’t like the subscription fee for living in this society, then leave.

You seem really hung up on taxes, my problem is not with taxes but with using them to pay people's personal debts.

[–] gregorum@lemm.ee 1 points 1 year ago* (last edited 1 year ago)

Except when you claimed it couldn't be confiscation because it was legal

That’s not what I claimed. And your continued ignorance of the difference between confiscation and taxation is not my problem to solve.

You said the government will pay the loans... I'm not sure why you think that's profound. You also made claims that paying student loans would help the economy but your limited grasp of the economy and understanding of finite resources has stopped you from explaining how.

It’s funny how you claim I am the one with a limited grasp of the economy when you’re the one who doesn’t understand how consumer spending stimulates the economy.

You seem really hung up on taxes, my problem is not with taxes but with using them to pay people's personal debts.

Seems like you’re the one with the hangup— and a real habit for blaming others for things that are clearly your own fault.