Start here:
The Lawless Executive
2022-08-25 07:00 by Karl Denninger
Biden thinks he can get away with tossing three hundred billion dollars, more or less, on the taxpayer’s tab with his “student loan” cancelation order. He’s relying on a post-9/11 law which applies to times of national emergency and attempting to piggyback on the Covid one which was declared in 2020 along with the HEROES act — and of course that “emergency” has not been lifted.
The law post 9/11 was intended to by used to take care of people who decided to leave college and join the service, either after graduating or abandoning a collegiate degree, both of which could leave the person who did that with a serious debt burden.
It was never intended to be used as a means of excusing someone “just because” there happened to be a national emergency which had nothing to do with their either taking on the debt or what someone was doing related to same.
I would expect that in any fair hearing this goes up in smoke in the courts.
…
And then the debate begins: What do the American public do in response when the Executive steals $300 billion — effectively taxes it — from every citizen in America? Those funds were not appropriated by Congress as, according to the Constitution they must first be via a bill originated in The House.
Then go here:
The Federal Takeover Of Colleges Through Paying Off Student Loans
BY BRIGGS ON
So the regime is implementing student loan “forgiveness.” Which is to say, it’s having you through your taxes pay the loans of students, so the students pay less, or nothing.
To pay the students is to pay the colleges, at one remove. So this is paying colleges for taking in students they shouldn’t have, and at highly inflated rates. For if there were no loans, the colleges could not have charged anything even close to the rates they did charge.
And if they couldn’t have charged those exorbitant rates, they couldn’t have hired their hordes of DIE zampolit. They couldn’t have cut back on regular professors and swapped them with itinerant adjuncts, which further boosted the power of administrators.
And they couldn’t have necessarily dumbed down college. This is because the greater proportion of kids who attend, necessarily the more towards the average the intelligence of students becomes. Once (most) every kid is made to go to college, like they are now forced to go to high school, college will become, intellectually, a gray goo, with “degrees” having exactly the same value high schools diplomas now have…
and finally, HERE:
“The most terrifying force comes from the hands of Men who wanted to be left alone…”
“The most terrifying force comes from the hands of Men who wanted to be left alone. They try, so very hard, to mind their own business and provide for themselves and those they love. They resist every impulse to fight back, knowing the forced and permanent change of life that will come from it. They know, that the moment they fight back, their lives as they lived them, are over.
The moment the Men who wanted to be left alone are forced to fight back, it is a form of suicide. They are literally killing off who they used to be. Which is why, when forced to take up violence, these Men who wanted to be left alone, fight with unholy vengeance against those who murdered their former lives. They fight with raw hate, and a drive that cannot be fathomed by those who are merely play-acting at politics and terror.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy… but it will fall upon the deaf ears of the Men who just wanted to be left alone.”
Author Unknown
Karl is no slouch. The man speaks only the truth to those who will listen. Yes he is a man, with faults like all of us. But. I haven’t seen him be proven wrong yet. Keep up the great work Mark, Ann, and Karl. Cheers all.
“ The moment the Men who wanted to be left alone are forced to fight back, it is a form of suicide. They are literally killing off who they used to be. ”
For the follower of Jesus it is indeed spiritual suicide.
Sorry, I have to disagree with you and agree with Vox Day. “Forgive us our debts” is a thing, and none of us deserve it. It would be better if it had been done without bailing out the banks, but debt relief is almost never a bad thing.
It’s not debt forgiveness. That’s when the lender discharges the debt. This is theft.
And it pisses me off since I, as a teacher, who doesn’t make nearly what many people with my education make, had to pay my own tuition and my own loans . You incur a debt, you pay it. Another thing, the work ethic of this generation whose debts are being paid is sorely lacking. They want to do whatever they want and if they don’t feel like doing something , they don’t.
Mark. I get it. I don’t agree with it, but I get it.
The thing is? EVERYTHING the US government does nowadays is theft. Has been for a long time.
1) US government expenditures have only the most cursory relationship with taxation. Most of the money in the federal budget comes from the Fed and it’s usurious debt-printing.
2) the US can no longer deliver even those things which are legitimate expenses for a government, like a functional military and working utility/road services. It’s not wrong to rejoice that the slave-masters have unexpectedly done something to benefit the slaves on the plantations.
3) Private debt is crippling our country, and has been for a long time. You do realize this is pretty much the only pro-natalist action the biden junta has ever taken? Debt-riddled individuals don’t get married and have children, statistically. Granted, debt isn’t the only thing standing in the way of healthy families, but every bit counts.
4) I really didn’t want to get into this, but let’s talk about the general reaction of “our side” to this debt jubilee:
“Dear God, I have practiced fiscal responsibility; I obtained a useful degree; I sacrificed to pay off my debts. I thank you, GOD, that I am not like the great mass of men, such as this gender studies major over here..”
Do I need to finish this story?
5) We are Christian. We are not Jews to be screaming about losing money. We LITERALLY pray “forgive us our debts AS WE FORGIVE OUR DEBTORS” EVERY SINGLE DAY.
This is not rocket surgery. Yes, these people made mistakes. Yes, they don’t deserve to be bailed out. BUT NEITHER DO WE.
In conclusion – we should be celebrating the forgiveness of the debts while encouraging “our side” to stick it to the bankers. Make debt cancellation and debt jubilees a regular feature, not an unusual rarity.
I would agree if the forgiveness was coming out of the Universities’ and Colleges’ pockets or those of the lenders. As it is coming out of everyone else’s but theirs, no.
No different than if you bought a car on loan and the government “forgave” your loan by paying off GMAC or Bank of America. It is essentially more corporate welfare/bank bailout because they sense a lot of these will go unpaid, and then the lenders WILL have to pay out of pocket unless the gov’t ponies up.
Of course, the better thing to do would be to simply make them dischargeable in bankruptcy. So if you really can’t pay it back you have to make the choice of the black stain on your credit or pay up. Would make lenders more discerning.
On the other hand, if we weren’t involved in 50 useless wars around the globe, we probably could afford it.