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Author Topic: Biden's Cascade of Failure!  (Read 82134 times)

I HATE THE DEMIURGE I HATE THE DEMIURGE
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Re: Biden's Cascade of Failure!
« Reply #480 on: August 28, 2022, 09:31:16 AM »
What's wrong with being in a death cult?

GeekyBugle

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Re: Biden's Cascade of Failure!
« Reply #481 on: August 29, 2022, 12:32:59 AM »
LOL, I didn't knew what a PPP "loan" was. Afdter finding out comparing defaulting on those "loans" with college debt "forgiveness" is dumb as fuck, doesn't surprize me cocksuck soyarmy falls for that.

Quote from: Rhedyn

Here is why this forum tends to be so stupid. Many people here think Joe Biden is "The Left", when he is actually Far Right and every US republican is just an idiot.

“During times of universal deceit, telling the truth becomes a revolutionary act.”

― George Orwell

Snowman0147

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Re: Biden's Cascade of Failure!
« Reply #482 on: August 30, 2022, 12:23:57 AM »
The government should just end these loans and bring back bankruptcy to those that cannot pay.

zircher

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Re: Biden's Cascade of Failure!
« Reply #483 on: August 30, 2022, 12:38:38 AM »
If the universities don't feel the pain in the wallet, they will not stop.
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Ratman_tf

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Re: Biden's Cascade of Failure!
« Reply #484 on: August 30, 2022, 02:38:22 AM »
This isn't about predatory loans. It's about buying goodwill for the midterms.
My twitter account pretty much drowned in tweets from the White House, Joe Biden and Democrat reps and governors that I'd never even heard of, much less follow.
This is all calculated political manuvering, and it's working.
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I HATE THE DEMIURGE I HATE THE DEMIURGE
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Re: Biden's Cascade of Failure!
« Reply #485 on: August 30, 2022, 12:18:06 PM »
LOL, I didn't knew what a PPP "loan" was. Afdter finding out comparing defaulting on those "loans" with college debt "forgiveness" is dumb as fuck, doesn't surprize me cocksuck soyarmy falls for that.


How is it different? It's still a loan that you need to pay back and then some people, including pedophile politicians, got those loans forgiven. How's that different?

Or let's go back further, and remember how the pedophile politicians gave 16 trillion to Wall St when they fucked up, because the banks were too big to fail. How is that different?


3catcircus

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Re: Biden's Cascade of Failure!
« Reply #486 on: August 30, 2022, 01:45:54 PM »
LOL, I didn't knew what a PPP "loan" was. Afdter finding out comparing defaulting on those "loans" with college debt "forgiveness" is dumb as fuck, doesn't surprize me cocksuck soyarmy falls for that.


How is it different? It's still a loan that you need to pay back and then some people, including pedophile politicians, got those loans forgiven. How's that different?

Or let's go back further, and remember how the pedophile politicians gave 16 trillion to Wall St when they fucked up, because the banks were too big to fail. How is that different?

The PPP loans would have been different if there were controls to make sure only those who needed it to survive got it. Instead we got billions of PPP loans given out fraudulently with no hope of ever recovering it.

As to too big to fail - *all* of them should be lined up in front of a wall if proven guilty. Crooked wall streeters, scumbag politicians, enablers, burdens to society.  All of them.  I don't care if it's a 5 term Republican senator or a Democrat hedge funder or an antifa rioter.  If your primary activity is lining your own pockets or destroying existing constitutional norms at the expense of your constituents, customers, or innocent bystanders, and your refuse to stop, you deserve nothing but death.
« Last Edit: August 30, 2022, 01:50:48 PM by 3catcircus »

Osman Gazi

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Re: Biden's Cascade of Failure!
« Reply #487 on: August 31, 2022, 11:36:38 AM »
LOL, I didn't knew what a PPP "loan" was. Afdter finding out comparing defaulting on those "loans" with college debt "forgiveness" is dumb as fuck, doesn't surprize me cocksuck soyarmy falls for that.


How is it different? It's still a loan that you need to pay back and then some people, including pedophile politicians, got those loans forgiven. How's that different?

Or let's go back further, and remember how the pedophile politicians gave 16 trillion to Wall St when they fucked up, because the banks were too big to fail. How is that different?

I'm not sure what you're including in the "16 trillion to Wall St", but keep in mind that every penny of TARP (authorized at $700 billion but later reduced to $475 billion, then further reduced to $427 billion) was repaid, and the Treasury actually made money on the deal (they got back about $442 billion).

Was it a good idea?  I don't know, that will be debated for years to come.  Maybe we should have let the banks and brokerage houses fail, and let the pension funds/401(k) monies that invested in them to fail as well, and let the workers who were promised those pensions get screwed as a result.  But the government (well, ultimately, the taxpayer) didn't lose any money on the deal.  We got it all back, and then some.

With student loan forgiveness, there's no expectation of repayment.  It's categorically different in that regard.  If they tied it to some kind of national service (kind of a retroactive ROTC scholarship program), we'd at least get some work out of the outlay.  But this is just a gift, for nothing in return (well, except votes for Democrats...which I think is pretty much the entire point.)  Or even returning to allowing student loan debt to be discharged in bankruptcy would target the people in the greatest need of debt relief, and not everyone who's making up to $125,000/year (or $250,000 for married couples) getting a free $10,000 if they still have outstanding student loan debt.

Osman Gazi

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Re: Biden's Cascade of Failure!
« Reply #488 on: August 31, 2022, 11:41:14 AM »
LOL, I didn't knew what a PPP "loan" was. Afdter finding out comparing defaulting on those "loans" with college debt "forgiveness" is dumb as fuck, doesn't surprize me cocksuck soyarmy falls for that.


How is it different? It's still a loan that you need to pay back and then some people, including pedophile politicians, got those loans forgiven. How's that different?

Or let's go back further, and remember how the pedophile politicians gave 16 trillion to Wall St when they fucked up, because the banks were too big to fail. How is that different?

The PPP loans would have been different if there were controls to make sure only those who needed it to survive got it. Instead we got billions of PPP loans given out fraudulently with no hope of ever recovering it.

As to too big to fail - *all* of them should be lined up in front of a wall if proven guilty. Crooked wall streeters, scumbag politicians, enablers, burdens to society.  All of them.  I don't care if it's a 5 term Republican senator or a Democrat hedge funder or an antifa rioter.  If your primary activity is lining your own pockets or destroying existing constitutional norms at the expense of your constituents, customers, or innocent bystanders, and your refuse to stop, you deserve nothing but death.

I'm not against harsh penalties for the scum that enabled the crash in 2008.  But I would never expect that to happen, in that the politicians elected to enforce the law are in bed with those very people.  It ain't gonna happen.  Instead, we continue to re-elect the politicians, the crooked bankers keep making more money, we monetize the debt and inflate the currency, and the economy gets weaker and everyone downstream gets poorer.

Who do we blame?  Well, who are voting for those corrupt politicians, any way?

I HATE THE DEMIURGE I HATE THE DEMIURGE
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Re: Biden's Cascade of Failure!
« Reply #489 on: August 31, 2022, 07:53:49 PM »
LOL, I didn't knew what a PPP "loan" was. Afdter finding out comparing defaulting on those "loans" with college debt "forgiveness" is dumb as fuck, doesn't surprize me cocksuck soyarmy falls for that.


How is it different? It's still a loan that you need to pay back and then some people, including pedophile politicians, got those loans forgiven. How's that different?

Or let's go back further, and remember how the pedophile politicians gave 16 trillion to Wall St when they fucked up, because the banks were too big to fail. How is that different?

I'm not sure what you're including in the "16 trillion to Wall St", but keep in mind that every penny of TARP (authorized at $700 billion but later reduced to $475 billion, then further reduced to $427 billion) was repaid, and the Treasury actually made money on the deal (they got back about $442 billion).

Was it a good idea?  I don't know, that will be debated for years to come.  Maybe we should have let the banks and brokerage houses fail, and let the pension funds/401(k) monies that invested in them to fail as well, and let the workers who were promised those pensions get screwed as a result.  But the government (well, ultimately, the taxpayer) didn't lose any money on the deal.  We got it all back, and then some.

With student loan forgiveness, there's no expectation of repayment.  It's categorically different in that regard.  If they tied it to some kind of national service (kind of a retroactive ROTC scholarship program), we'd at least get some work out of the outlay.  But this is just a gift, for nothing in return (well, except votes for Democrats...which I think is pretty much the entire point.)  Or even returning to allowing student loan debt to be discharged in bankruptcy would target the people in the greatest need of debt relief, and not everyone who's making up to $125,000/year (or $250,000 for married couples) getting a free $10,000 if they still have outstanding student loan debt.

>16 Trillion to Wall St.
https://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/?sh=183bfa0026b0
You know when the pedophiles working in Wall St tanked the US economy? And now, these same pedophiles are tanking the housing market. See: Blackrock. The pedophiles are getting trillions of dollars in bailouts, because they're "too big to fail." Well, I say let them fail. If people are stupid enough to trust their money to pedophiles, let them lose their money. Then they finally do what they're supposed to, and start shooting bankers, pedophiles, and politicians in the street.


I HATE THE DEMIURGE I HATE THE DEMIURGE
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Re: Biden's Cascade of Failure!
« Reply #490 on: August 31, 2022, 07:55:14 PM »
LOL, I didn't knew what a PPP "loan" was. Afdter finding out comparing defaulting on those "loans" with college debt "forgiveness" is dumb as fuck, doesn't surprize me cocksuck soyarmy falls for that.


How is it different? It's still a loan that you need to pay back and then some people, including pedophile politicians, got those loans forgiven. How's that different?

Or let's go back further, and remember how the pedophile politicians gave 16 trillion to Wall St when they fucked up, because the banks were too big to fail. How is that different?

The PPP loans would have been different if there were controls to make sure only those who needed it to survive got it. Instead we got billions of PPP loans given out fraudulently with no hope of ever recovering it.

As to too big to fail - *all* of them should be lined up in front of a wall if proven guilty. Crooked wall streeters, scumbag politicians, enablers, burdens to society.  All of them.  I don't care if it's a 5 term Republican senator or a Democrat hedge funder or an antifa rioter.  If your primary activity is lining your own pockets or destroying existing constitutional norms at the expense of your constituents, customers, or innocent bystanders, and your refuse to stop, you deserve nothing but death.

I'm not against harsh penalties for the scum that enabled the crash in 2008.  But I would never expect that to happen, in that the politicians elected to enforce the law are in bed with those very people.  It ain't gonna happen.  Instead, we continue to re-elect the politicians, the crooked bankers keep making more money, we monetize the debt and inflate the currency, and the economy gets weaker and everyone downstream gets poorer.

Who do we blame?  Well, who are voting for those corrupt politicians, any way?

And yet, people are FAR more outraged over the 20k loan forgiveness per student, totaling under $600 billion, rather than the multiple trillions of bailouts given to corporate pedophiles.

oggsmash

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Re: Biden's Cascade of Failure!
« Reply #491 on: September 01, 2022, 05:28:28 AM »
  Loans forgiven already forgotten since Biden is out here saying he is ready to take on MAGA with his F-15's.   Does the retard understand POTUS's can and have been killed before?  I would also say that is a nutty tone to take against damn near half the country (granted anyone interested in putting the interests of the USA first and focusing on improving the USA is of course a racist interested in only genocide) and then call yourself a unifier.

Osman Gazi

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Re: Biden's Cascade of Failure!
« Reply #492 on: September 01, 2022, 09:37:01 AM »
LOL, I didn't knew what a PPP "loan" was. Afdter finding out comparing defaulting on those "loans" with college debt "forgiveness" is dumb as fuck, doesn't surprize me cocksuck soyarmy falls for that.


How is it different? It's still a loan that you need to pay back and then some people, including pedophile politicians, got those loans forgiven. How's that different?

Or let's go back further, and remember how the pedophile politicians gave 16 trillion to Wall St when they fucked up, because the banks were too big to fail. How is that different?

I'm not sure what you're including in the "16 trillion to Wall St", but keep in mind that every penny of TARP (authorized at $700 billion but later reduced to $475 billion, then further reduced to $427 billion) was repaid, and the Treasury actually made money on the deal (they got back about $442 billion).

Was it a good idea?  I don't know, that will be debated for years to come.  Maybe we should have let the banks and brokerage houses fail, and let the pension funds/401(k) monies that invested in them to fail as well, and let the workers who were promised those pensions get screwed as a result.  But the government (well, ultimately, the taxpayer) didn't lose any money on the deal.  We got it all back, and then some.

With student loan forgiveness, there's no expectation of repayment.  It's categorically different in that regard.  If they tied it to some kind of national service (kind of a retroactive ROTC scholarship program), we'd at least get some work out of the outlay.  But this is just a gift, for nothing in return (well, except votes for Democrats...which I think is pretty much the entire point.)  Or even returning to allowing student loan debt to be discharged in bankruptcy would target the people in the greatest need of debt relief, and not everyone who's making up to $125,000/year (or $250,000 for married couples) getting a free $10,000 if they still have outstanding student loan debt.

>16 Trillion to Wall St.
https://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/?sh=183bfa0026b0
You know when the pedophiles working in Wall St tanked the US economy? And now, these same pedophiles are tanking the housing market. See: Blackrock. The pedophiles are getting trillions of dollars in bailouts, because they're "too big to fail." Well, I say let them fail. If people are stupid enough to trust their money to pedophiles, let them lose their money. Then they finally do what they're supposed to, and start shooting bankers, pedophiles, and politicians in the street.

Thanks, I found the actual GAO report to which the Forbes article referred: https://www.gao.gov/assets/gao-11-696.pdf

I'll take some time to read it.  I don't trust either the media nor politicians to interpret it correctly (and as for the reliability of the GAO--well, we'll see).  That said, it would not surprise me if it includes some very unsavory backroom dealings by Wall Street and politicians.

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Re: Biden's Cascade of Failure!
« Reply #493 on: September 01, 2022, 10:35:20 AM »
  Loans forgiven already forgotten since Biden is out here saying he is ready to take on MAGA with his F-15's.   Does the retard understand POTUS's can and have been killed before?  I would also say that is a nutty tone to take against damn near half the country (granted anyone interested in putting the interests of the USA first and focusing on improving the USA is of course a racist interested in only genocide) and then call yourself a unifier.

Well, whenever anybody talks about how nobody can take the government on because the US government has jets and the insurrectionists don't - I always remind them how the US got our asses kicked by a bunch of rice farmers and then goat fuckers. And given how reliant the US is on its shitty infrastructure... I'm in NYC and we had a massive fucking blackout because there was a chokepoint failure point. Now imagine someone striking those choke points deliberately.

oggsmash

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Re: Biden's Cascade of Failure!
« Reply #494 on: September 01, 2022, 11:13:26 AM »
  Oh make no mistake, i think all the loud talk from media and grampy-shits-his-pants is covering real concern and fear.  You dont build a huge fence and bring in thousands of troops to surround buildings in the capital because you are actually confident in your security.   I just feel pushing the gas on such rhetoric, especially from an old man who never even got into a fist fight (corn pop standoff notwithstanding) is not a great look for a “unifier”.  It wouldnt be a great look from an actual tuff guy, but from a guy who gets his ass kicked by a bicycle???