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Thread: 116th Congress

  1. #641
    A Chip Off the Old Rock Julio3000's Avatar
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    Quote Originally Posted by 57Brave View Post
    we agree, but I see WF culpable

    and should ETP declare bankruptcy?
    which it is certain they will

    who pays then ?
    That’s actually a very good question.

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    I <3 Ron Paul + gilesfan sturg33's Avatar
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    Quote Originally Posted by 57Brave View Post
    we agree, but I see WF culpable

    and should ETP declare bankruptcy?
    which it is certain they will

    who pays then ?
    Why do you think they would declare bankruptcy?

    If they do, then the lender would take the loss.

    As for cleanup in this multi-layered hypothetical scenario, I suppose that would fall on the city who voted to allow the pipeline.

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    Quote Originally Posted by 57Brave View Post
    on top of being a social scientist, a financial adviser, legal expert and god knows what you will be tomorrow

    you are now a psychologist ?
    that is rich


    let a billionaire weigh in on student loans
    that too is rich


    I know I know, you paid yur loans, something about boot straps blah blah blah
    This might surprise you but many billionaires are actually kinda smart.

    But yes, forgiving the student loans does nothing to address the problem, just move the cost from the irresponsible to the responsible.

    Tuition continues to rise, probably at a much higher rate in this scenario

  4. #644
    It's OVER 5,000! 57Brave's Avatar
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    I know scientists with Pulitzer nominations that struggle with basic life skills. Changing tires, paying the electric bill, buying a television or a home.
    guessing 99.9% of self made billionaires, such as Cuban, are very smart.




    Public policy is what we are talking about, not building a tech enterprise
    If anything else we should have learned in the past 10 years it is, business smarts does not necessarily translate to public policy smart
    Donald Trump is definitely very smart --- what is your point ?
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

  5. #645
    I <3 Ron Paul + gilesfan sturg33's Avatar
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    Quote Originally Posted by 57Brave View Post
    I know scientists with Pulitzer nominations that struggle with basic life skills. Changing tires, paying the electric bill, buying a television or a home.
    guessing 99.9% of self made billionaires, such as Cuban, are very smart.




    Public policy is what we are talking about, not building a tech enterprise
    If anything else we should have learned in the past 10 years it is, business smarts does not necessarily translate to public policy smart
    Donald Trump is definitely very smart --- what is your point ?
    Sigh

    Why do I bother...

    My point is that just waving a wand and forgiving all debt doesn't address the problem and shows a massive lack of understanding of the problem itself

  6. #646
    Shift Leader thethe's Avatar
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    More than likely these are asset backed loans and since the pipelines are profitable the bank would assume the asset and wither sell it to another company or absorb it into their operations. The cleanup will always be paid for because the end profit exceeds costs.

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    It's OVER 5,000! 57Brave's Avatar
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    Quote Originally Posted by sturg33 View Post
    Sigh

    Why do I bother...

    My point is that just waving a wand and forgiving all debt doesn't address the problem and shows a massive lack of understanding of the problem itself
    and where is it written "forgive all debt" ?

    earlier today a fellow poster needed reminding of your absolutist nature

    you bother because this is where you come to learn
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

  8. #648
    It's OVER 5,000! 57Brave's Avatar
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    Quote Originally Posted by thethe View Post
    More than likely these are asset backed loans and since the pipelines are profitable the bank would assume the asset and wither sell it to another company or absorb it into their operations. The cleanup will always be paid for because the end profit exceeds costs.
    I can point to an entire industry that was devastated by the BP oil spill.
    Clean up a substitute for saying dealing with the long term effects.

    I know families that were eventually given money but divorces, the long lasting effects on the eco system sickness etc etc etc
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

  9. #649
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    Quote Originally Posted by 57Brave View Post
    and where is it written "forgive all debt" ?

    earlier today a fellow poster needed reminding of your absolutist nature

    you bother because this is where you come to learn
    It is written in your socialist overlords tweet.

    Per usual though, you deflect and never address any substance.

    Forgiving student loans is a bad idea. It's irresponsible, it's unfair and it makes the underlying problem worse

  10. #650
    It's OVER 5,000! 57Brave's Avatar
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    oh, so tweets are law.
    The "socialist overlord" I assume yu are referring to is one of 438 in the House. After that another 100 decide. Then the 538 refine / tweek then one is left to sign.

    I think college should be free to those that qualify by need. No deflection here

    Forgiving college loans is only sensible . Some would say humane.
    College debt is what $3-4 trillion ?
    Me thinks that money could be put to better use transferred inside of the marketplace

    Again, I think education as well as health care are (or should be considered) rights available/accessible to everyone
    Last edited by 57Brave; 03-14-2019 at 08:32 PM.
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  11. #651
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    Quote Originally Posted by 57Brave View Post
    oh, so tweets are law.
    Why do you do this? I didn't say it was a law. I said her idea is bad like all her other ones and I very much hope it doesn't become law

    How can something be a right if it requires the money and/or labor of someone else?

    Why is forgiving student debt sensible? Why not forgive all mortgages? (I bet you think housing is a right, don't you?)

    Why not forgive credit card debt?

    I got a better one .. why not cancel all taxes? Think of all the money that would open up in the market

  12. #652
    Waiting for Free Agency acesfull86's Avatar
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    Quote Originally Posted by 57Brave View Post
    Forgiving college loans is only sensible . Some would say humane.
    People paying back the loans they took out is what I would call sensible.

  13. #653
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    Quote Originally Posted by acesfull86 View Post
    People paying back the loans they took out is what I would call sensible.

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    Quote Originally Posted by sturg33 View Post
    ****, where do I sign up?!

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    It's OVER 5,000! 57Brave's Avatar
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    Secular Talk
    ‏Verified account @KyleKulinski
    4h4 hours ago

    Secular Talk Retweeted Ilhan Omar

    Weird, DC establishment isn't melting down calling her an Islamophobe


    Ilhan Omar
    ‏Verified account @IlhanMN

    Ilhan Omar Retweeted Mehdi Hasan

    The Saudi royal family has literally helped fund Al Qaeda.

    This is the debate no one wants to have but needs to be had.

    Saudi accountability is long overdue.
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

  16. #656
    It's OVER 5,000! 57Brave's Avatar
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    Quote Originally Posted by sturg33 View Post
    Matt Walsh

    @MattWalshBlog

    At the very least, if student loans are forgiven you should have to give back your degree. The idea that you can keep the thing you refuse to pay for is immoral as well as ridiculous.
    the system of "paying for it" is the 800 lb gorilla in the corner

    In light of the recent scandal highlighting who gets and who doesnt gets and on what terms --- the writer seems to have a spec of dust in is eye.

    This past week people here opined on how useless and inefficient college has become. Then we learned this week that advancement based on education and the status attached in our society is pretty much a straight line from where you live and who you know to whether you get a seat at the table
    The boot straps in this case is a college loan.


    Wonder how Eric,Don Jr and Ivanka are paying back their college loans
    It was revealed in the Michael Cohen testimony tat one of his tasks was to bury Donald Trumps high school and college transcripts.
    Wonder what they say
    Wonder how Donald got into Penn ?
    Wharton School of Business ?
    Becasue for all of his PR brilliance, he did run a gambling casino into the ground --- house money

    Memory serves he made a bruh ha ha over Obama's records --- as if to say he was illegitimately educated.
    Asking that question on its own is very telling (Lyin' Ted-- Crooked Hillary comes to mind)

    So lets get back to the mill stone of college loans .
    Who needs them ?
    Why ?

    And what world do they walk into with that massive debt ?
    At 21-22 years of age with some indebted up to $200K.

    Research who did and didnt get GI Loans after WWII and the repercussions
    Last edited by 57Brave; 03-14-2019 at 10:35 PM.
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  17. #657
    It's OVER 5,000! Runnin's Avatar
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    Wilbur Ross needs to retire his ass to some quiet place before he keels over in mid-mumble.

    81 is too damn old to be running the Commerce Dept. And fwiw, 70 is too old to be President.
    Last edited by Runnin; 03-15-2019 at 06:24 AM.
    FFF - BB, BB, 2B, HR, 2B, HR, 1B, BB, BB, 1B, BB, BB, HR

  18. #658
    A Chip Off the Old Rock Julio3000's Avatar
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    I’m not weighing in on the larger issue, but I’m seeing a lot of talk suggesting that it’s irresponsible to have student loan debt.

    While there are always exceptions, as sturg apparently is, in my experience the most obvious difference between people with significant student loan debt and those without is family wealth.

  19. #659
    Shift Leader thethe's Avatar
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    Or bad decisions to go to an expensive school and get essentially a worthless degree.

  20. #660
    Waiting for Free Agency acesfull86's Avatar
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    Quote Originally Posted by Julio3000 View Post
    I’m not weighing in on the larger issue, but I’m seeing a lot of talk suggesting that it’s irresponsible to have student loan debt.

    While there are always exceptions, as sturg apparently is, in my experience the most obvious difference between people with significant student loan debt and those without is family wealth.
    I don’t think it’s irresponsible to have student debt (I have quite a bit myself)... I think it’s irresponsible to take out the loans then later pretend you were duped and expect the taxpayers to assume the bill.

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