now pushing back on the endowments is something I am all behind in fact, any endowment over a billion ought to be taxed so heavily that schools don't want them. Those endowments should go towards making education cheaper or be tagged for construction and specific research etc areas. No school should be able to accept gov't back loans with multi billion endowments
- Thread starter pineoak
- Start date
you are fking retarded, literally fking retarded. There is literally nothing that you derive use from without those banks and wall street. You like roads, housing (assuming you didn't build it yourself), cars, food in the supermarket, running water, etc etc etc. The breadth and scope of capitalism (the single greatest system ever devised by man) is beyond your ranting and unintelligible rambling. For fucks sake you are rambling on a message board using the very means of production that is financed by wall street with just about every keystroke. You're like those little fks that bemoan capitalism and then get warm in a starbucks playing pokemon on their phones while sipping lates deriding capitalism in between breaths
Damn this board gets dumber by the year
It's not just this board.... Americans get dumber by the year... A man does not have to look very far to find a dumb American. We are witnessing how "The Dumbing of America" is playing out. It is in every sector of commerce.... Medical, financial, transportation, productivity, infrastructure (sewer, water and power), etc...
Got to be careful that some dumb SOB does not kill you or your family or get them killed by being dumb.
And now they are trying to get around the court order.
www.cnbc.com
Biden administration to make it easier for student loan borrowers to discharge debt in bankruptcy
The Biden administration announced updated guidelines that will make it easier for those struggling with their student debt to discharge it in bankruptcy.
www.cnbc.com 
Even if they could be told that they are not going to be compensated for their losses, the costs will be passed on to other customers in the form of higher interest rates, hidden costs and garbage fees for other loans.
They already do that to a huge extent, actually committing criminal fraud, get caught have to pay a bit of their profits back to the government and do it over again as soon as the heat is off.
Wells Fargo was just the latest one to get caught totally defrauding their customers for bogus fees and changes.
Right after the banks got their huge bailouts back in the 2008 time frame, they hiked fees on the same taxpayers that had to bail them out, about 10x on average, for the amount they reported getting in fees before the 2008 and then the amount they got on fees and charges yearly in later years.
Again this can be fixed, you simply tell the banks what will and will not be allowed and have strict regulation with teeth in it.
The banks rely on the guns and boots of the government to enforce their will, politicians get scared enough of being voted out of office, laws change.
Just like when the big banks bribe the politicians to change the law to let them screw over the people more.
For example Hillary, she was all against the banks changing credit card bankruptcy laws to screw the common folks over more, while letting the big corporations use "bankruptcy" as a I don't pay my bills but please keep giving me goods and services payment option.
Then she got a large campaign contribution for her senate campaign and all of the sudden her position "evolved" and she voted for what the big banks wanted.
The people have all the power but have been convinced the global banking elite have all the power.
No government guns and boots to backup the bankers, they have much less power.
Banking, much like much of corporate America and wall street runs on a system of privatizing the profits and socializing the losses as well as bribing the government to tilt the laws to be good for the big guys and bad for the poor guys.
Same thing with criminal laws, the bank accuses you of defrauding them, they want you thrown in jail and all kinds of penalties paid to them.
Banks or corporations are found to have committed felonies, fraud and forgery as well as defrauding their customers, well you couldn't send anyone to jail for that, so let's just work out a nice little payment to the government and admit no wrong and behave for a bit until the heat is off. Most of the time that payment is actually a lot less than their profits. And strangely none of that ever seems to be refunded to the customers in any big way or the harm done to the customers fully resolved for the customers.
The solution is to have very strict regulation of what every fees / loan and other financial structure can be and tell the banks that's it you can make reasonable profits based off playing by the rules, do a good job make more in a fair manner, but no more ripping everyone off because you want to get your billions in profits faster.
I agree with much of what you said. I have issue with your last paragraph. Every other paragraph you spoke of gov/corporate corruption and then named the solution as strict gov't regulation. The same gov't you described as taking bribes from the banks you want regulated. That puts us back at square one.
The solution is an intolerant public that kicks ass and takes name. Problem with this solution is the police protect gov't and corporations and are perfectly willing to commit violence on their behalf. This is one of many reasons I'm against policing as it is foolishly accepted today. LEO work on behalf of the state against our interests. If people want real change, they will be at odds with the police who are paid to protect the status quo.
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History repeating.
The King's Men #1 priority is to protect the King.
Nothing has changed except the weapons.
Could probably make more money by doing dumb stuff with animals.
You know.. when shit hits the fan and the public gets tired of the corruption and stolen elections, I bet those cops will be the first ones to jump sides... "We are with you!"
Eventually the king's men no longer are enough of a deterrent and revolutions are the result. The twisted men in power understand this which is why they want to disarm everyone.
Some would. The irony if it all is that without them forcing the tyrannical will of corrupt and evil politicians while protecting those involved, the revolution would have never been necessary to begin with.
Mine either...... Maybe we need to start a "Poll"........
Well... Look at them... What do they have to lose ? They have been bred and raised by losers ...
These people (below) would have joined the protest but they were bustin' their ass workin'.......
And now they are trying to get around the court order.
Biden administration to make it easier for student loan borrowers to discharge debt in bankruptcy
The Biden administration announced updated guidelines that will make it easier for those struggling with their student debt to discharge it in bankruptcy.
Yea....not worth the credit hit.
You all do realize that 99% of the student loans are 100% guaranteed by the US government? ‘We the people“ are eventually going to pay the debt if the borrower doesn’t pay, like it or not. To blame the banks is a bit ridiculous because very few banks originate and hold this type of debt on their books. I would say that 98-99% of the banks in the US have nothing to do with the student loan debacle. Student loans are initiated at a few select banks specializing in such origination and loan sales. Believe me, it is a PITA to originate these loans even with the currrent lending software. The loans are then bundled into packages much like a “CMO” obligation and sold onto the secondary market through Sallie Mae. Investors all over the world buy these loan bundles because of the US guarantee.
There are multiple problems with our current higher educational program. First, a lot of these kids need to go to trade school or go directly into the job market, they do not have the aptitude to achieve a meaningful 4-year degree. Secondly, the colleges themselves, tuition has increase two-three fold over the inflation rate the past 20+ years, and their endowments are at record levels. There also seems to be an accredited college on every corner offering shit degrees. The majority of the kids coming out of college are dumb as a rock and literally useless in the business world, so what do they do, they teach at the local elementary school for $40K a year, completing the ”dumbing down” of America cycle.
it will take someone smarter than me to fix the problem and as long as Democrats are in power it will never be fixed. Poor, dumb, lazy people make better “sheeple”.
There are multiple problems with our current higher educational program. First, a lot of these kids need to go to trade school or go directly into the job market, they do not have the aptitude to achieve a meaningful 4-year degree. Secondly, the colleges themselves, tuition has increase two-three fold over the inflation rate the past 20+ years, and their endowments are at record levels. There also seems to be an accredited college on every corner offering shit degrees. The majority of the kids coming out of college are dumb as a rock and literally useless in the business world, so what do they do, they teach at the local elementary school for $40K a year, completing the ”dumbing down” of America cycle.
it will take someone smarter than me to fix the problem and as long as Democrats are in power it will never be fixed. Poor, dumb, lazy people make better “sheeple”.
