Biden’s Student Loan Bailout
Adds Insult to Working-class Injury
Posted By: mc squared, 8/24/2022 3:07:53 PM
President Joe Biden is set to announce student loan forgiveness of $10,000 — and perhaps more — for lower-income debtors on Wednesday, in a move that is unconstitutional, unfair, and dangerous for the stability of our economy and our democracy. There is no doubt that some borrowers would benefit from student loan relief — especially young people, low earners, borrowers in the black community. It would help them avoid default, and perhaps allow some to enter the housing market. Some of these debtors can truly be seen as victims of a system that urges young people to attend college when other paths might be better suited to their talents
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As officials in the country express their fears about future gas riots this winter, the German government has announced a host of new energy rationing rules that will come into effect from next Thursday.
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Ministers appear to be hoping that the rationing efforts will help reduce the risk of energy shortages this coming winter, with a number of bigwigs now openly fearful of a future of public unrest and gas riots should people be left unable to adequately heat their homes.
President Joe Biden is set to announce student loan forgiveness of $10,000 — and perhaps more — for lower-income debtors on Wednesday, in a move that is unconstitutional, unfair, and dangerous for the stability of our economy and our democracy.
There is no doubt that some borrowers would benefit from student loan relief — especially young people, low earners, borrowers in the black community. It would help them avoid default, and perhaps allow some to enter the housing market.
Some of these debtors can truly be seen as victims of a system that urges young people to attend college when other paths might be better suited to their talents
A 13-year-old girl was arrested Tuesday in connection with the fatal beating of yellow cab driver Kutin Gyimah in Queens earlier this month.
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Police are still looking to charge another young female suspect. Gyimah, a married father of four, was ganged up on by a group of five assailants who hopped out of his taxi without paying in the Rockaways.
He chased them down on foot before he was attacked.
Austin Amos, 20, allegedly delivered the blow that caused the cabbie to fall to the ground
Rep. Liz Cheney considering presidential
run after losing Wyoming GOP primary By
Lee Brown 32 replies
run after losing Wyoming GOP primary By
Lee Brown 32 replies
Defeated Wyoming Rep. Liz Cheney confirmed Wednesday that she is “thinking about” running for the White House to keep her nemesis, former President Donald Trump, “out of the Oval Office.”
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Free Speech Win: Railway Conductor Wins
Suit Against Being Fired for Questioning
‘White Privilege’ 5 replies
Suit Against Being Fired for Questioning
‘White Privilege’ 5 replies
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Comments:
Author says:some borrowers would benefit from student loan relief — especially young people, low earners, borrowers in the black community..
Really? Good thing middle-class people didn't go into debt regardless of color.