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Biden Walks Away When Asked if ‘Canceling’ Student Debt is Unfair to Others

Biden Walks Away When Asked if ‘Canceling’ Student Debt is Unfair to Others

Of course, he walks away after giving a snobby answer.

I’m going to bite my tongue. Bless. His. Heart. Could you imagine what the media would do and say if Trump answered like this and then walked away? I cannot even:

REPORTER: “Mr. President, is this unfair to people who paid their student loans or chose not to take out loans?”

BIDEN: “Is it fair to people who in fact do not own multi-billion dollar businesses to see one of these guys getting all the tax credits? Is that fair? What do you think?”

DOOCY: “What about people who paid their loans, struggled to pay their loans, and now others don’t have to?”

 

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Comments

The people who belive it’s unfair are the group he wants to screw over. He sees this as a win-win.

    Colonel Travis in reply to Sanddog. | August 24, 2022 at 6:32 pm

    I worked for a member of Congress. Nothing in politics happens by chance or guesswork. Everything is calculated. Conniving is their job. They would not do this if they didn’t see this as a long-term win for them. Which it is.

    Not a half-glass empty kind of guy, but I don’t see America ever getting out of the grips of leftists. History (including our own) and human nature prove that what began in 1776 was a short-lived anomaly.

      America will not make it through to 2024. Sh*t is going to happen here that’ll make a disaster movie look pleasant.

      First, there’s going to be a world war, because Obama and Biden gave Iran the bomb, and Biden has gone into a proxy war with Russia, and China is just biden (pun intended) its time.

      The axis powers will be Russia, China and Iran. The allied powers will be the transvestites and the pregnant warriors of the US military, let by a moron named Austin and another moron named Milley.

      It’s over, folks. We have to get the hell out of Dodge before we’re in chains.

This man is so right, he did the right thing amd now WE taxpayers are ALL getting screwed for these gender bending trans Karen’s
This has to STOP

https://youtu.be/7ayTM1tXp0E

Subotai Bahadur | August 24, 2022 at 6:21 pm

Forgiving debts [not moratoriums on payments, but actual forgiveness] has been defined I believe as spending. Spending is the provenance of Congress by statute/appropriation and not of the president by . . . tweet.

It is illegal, unconstitutional, and an act of tyranny. Which are all reasons why the Democrats are for it.

Subotai Bahadur

    The Gentle Grizzly in reply to Subotai Bahadur. | August 24, 2022 at 6:25 pm

    I’m sure you are right. A few GOP will harumoh, John Kennedy will get off a good one-liner, then… nothing.

    Question: how many votes did he buy for the mid-terms that otherwise would not have gone to the Democrats?

    As I understand it the statutory authority is from the Higher Education Act, which authorizes the Secretary of Education to:

    (4) subject to the specific limitations in this part, consent to modification, with respect to rate of interest, time of payment of any installment of principal and interest or any portion thereof, or any other provision of any note or other instrument evidencing a loan which has been insured by the Secretary under this part;
    (5) enforce, pay, or compromise, any claim on, or arising because of, any such insurance or any guaranty agreement under section 1078(c) of this title; and
    (6) enforce, pay, compromise, waive, or release any right, title, claim, lien, or demand, however acquired, including any equity or any right of redemption.

      diver64 in reply to Milhouse. | August 25, 2022 at 5:21 am

      Actually, I think the authority they are relying on is H.R 6800, the “HERO’s Act”. The provision being used was already deemed not legal to use but is anyways and is aimed at service men and women. Brandon found someone to tell him is was ok and let’s see if anyone has the guts to say no to his un Constitutional power grab among other nonsense this puppet is doing.

        Connivin Caniff in reply to diver64. | August 25, 2022 at 1:57 pm

        If the source of authority is the “HERO’s Act”, the $10,000.00 gift should have gone to our military people who lost limbs and such fighting for our country. I think they deserve it a bit more.

      Arminius in reply to Milhouse. | August 25, 2022 at 12:12 pm

      On another thread I asked you to quit spreading false information. You continue to do so. So now I need to tell you to stop lying, Milhouse. The Department of Education is perverting the HEROES Act to illegally forgive these loans. The HEROES Act was passed in 2003 in the wake of 9/11 to ensure that first responders and military personnel were not placed in a worse financial position when responding to that national emergency.

      https://www2.ed.gov/policy/gen/leg/foia/secretarys-legal-authority-for-debt-cancellation.pdf

      “I. The Secretary’s HEROES Act Authority”

      This is similar to the law regarding reservists who were recalled to active duty (I was one of them). Many reservists earn much higher salaries in the private sector than they do in their military pay grade. They have home loans that they qualified for based upon their civilian salaries. So the law provides that when recalled to active duty their mortgage payments are reduced to a level they can afford while on active duty. The HEROES Act was intended to do the same for their student loans.

      Up until this week the HEROES Act was interpreted as “narrowly cabined” because it is. Now the Biden/Harris junta is claiming it gives them broad authority to cancel student debt under ventriloquist dummy Biden’s emergency pandemic powers.

      They’re just now inventing this legal reasoning. Which is obviously wrong as the Biden administration just cancelled Title 42 immigration restrictions in April based upon the opposite reasoning; there is no longer a COVID emergency.

      This is analogous to the Biden/Harris junta’s unconstitutional overreach they claimed gave the CDC authority to impose an eviction moratorium and the EPA to regulate CO2. In fact, it is exactly like the latter. SCOTUS ruled that the EPA could not cite the chemicals it was authorized to regulate to claim it could also regulate CO2. And Congress sneaked that authorization into the recently passed IRA.

      As the speaker of the House, wife of convicted Paul Pelosi (D-DUI Causing Injury) Granny Botox Boxwine (D-Grey Goose) has constantly reminded us throughout the current regime’s tenure, Biden has no authority to “forgive” student loans on his own. Like the EPA’s ability to regulate CO2, that requires Congressional action.

      https://www.dailywire.com/news/pelosi-agreed-with-devos-biden-cant-forgive-student-loans-she-just-caved

      Of course Pelosi is ecstatic that Biden came up with this obviously illegal rationale (this increases public spending as taxpayers have to pick up the tab, and spending has to be authorized by Congress).

      Stop lying about what Biden claims as authority for this power grab. The Department of Education tells us in their freaking public memorandum. It is NOT the Higher Education Act.

LOL. Union workers will be paying for their white collar bosses’ student loans! And yet their unions will still give all their money to support democrats. Also, $10K is just a drop in the bucket for all those graduates who have $100K in student loans, the same ones the left and MSM keep trotting out in puff pieces to justify loan forgiveness.

Everyday is a worse hell

I believe we may all need to move to Hungry

Not kidding.

Don’t know if any Hungarian blood in me.

After this, nobody will ever be stupid enough to pay off their student loans. They will wait hoping that that there will be another loan forgineness in the future. And there will be.

    The Gentle Grizzly in reply to MrPeabody. | August 25, 2022 at 5:19 am

    Sounds like amnesty.

    Dimsdale in reply to MrPeabody. | August 25, 2022 at 8:46 am

    Maybe then, the student loan racked will fold.

    The universities should be footing the bill for education, be it via reducing the ridiculous tuitions, or more scholarships funded by their Brobdingnagian endowments.

    Or just stop building pleasure palaces (or in loco wombs) for the students…

But of course…
Inflation is viewed as a positive by the left. Why not inflate academia as well?

I think becoming Amish might help my mental health

Eventually, they will come for them too

    rutvet83 in reply to gonzotx. | August 24, 2022 at 8:47 pm

    Too late.

    ifezette.com/2022/08/feds-target-amish-farm-in-pennsylvania-over-regulatory-requirements-for-food-production-video/

    henrybowman in reply to gonzotx. | August 24, 2022 at 11:16 pm

    Amish? Those “Aryan white separatists?” You won’t find any safety there.

      henrybowman in reply to henrybowman. | August 25, 2022 at 3:12 pm

      In case I wasn’t clear, the risk isn’t FROM the Amish.
      They’re just no longer outside the feds’ theatre of engagement.

Biden is going to be the last American president of the Union as 50 states. Mark my word.

Biden’s comment is of course inaccurate and stupid, but let’s pretend like it was somewhere close to the truth at face value.

Whataboutism on payoffs to voters would still run us right into oblivion faster than one party doing it. In other words, Biden’s excuse is a poor one and not even close to Presidential….don’t hold your breath for the media to call him on it.

Was I the only one that noticed that Biden flashed a white supremacist hand signal as he prepared to walk off.

BIDEN: “Is it fair to people who in fact do not own multi-billion dollar businesses to see one of these guys getting all the tax credits? Is that fair? What do you think?”

Yeah since they’re paying something like a thousand times the tax you are.

    henrybowman in reply to henrybowman. | August 24, 2022 at 11:19 pm

    Plus… you’re making ME take the hit for BOTH of them. Is THAT fair?

      Yes. You and your white privilege need to pay reparations for the poor (mostly white) college graduates who won’t (not can’t) pay their loans, AND for the poor (almost entirely white) multi-millionaire Democrat donors. [/sarcasm]

      Caution: Poe’s Law is in full effect here: I wrote the above as a snarky-cynical satire, but the reality is, the Left’s thought process is probably shockingly similar, if not worse, and so extreme it’s impossible to parody without sounding plausibly real.

    CommoChief in reply to henrybowman. | August 25, 2022 at 8:48 am

    Biden unintentionally made an argument for the adoption of a flat income tax.

    Congress wanted to encourage investments and the credits are an incentive.

    Blame those evil tax credits on Congress!

I went into the military and worked two jobs while in college to pay for it. Paid off my debt in a year or so. This doesn’t seem much fair to me and thousands like myself.

    We sold our car and cut all “lifestyle” expenses — down to the bare minimum bills — and lived like virtual paupers. Our kids did not appreciate it at the time — they’re older now and understand the importance — but we paid off the 10-year loans in ~6 years.

    I cannot adequately explain how much it angers me that the government would now just up and “forgive” student loans that people signed a commitment to repay, and aren’t paying off. We were responsible, did everything right, and fulfilled our commitments, but the benefit will go to the people who didn’t. We get nothing.

    It’s like elementary school all over again, where they implemented a system that rewarded bullies and bad kids for not being bad. Meanwhile, us good kids continued to be good and got … nothing.

      Quick follow-up: Pollsters — including my workplace’s union reps — have called me and asked about “student loan forgiveness”. I tell them all our abbreviated loan-payoff story and ask them one question: Will we who took the responsibility and lived below our means in order to pay off our loans on time or early, be reimbursed for the expense of the loans we paid off?

      The universal answer so far has been “No.” Some even have chuckled, apparently thinking I’m joking. I’m not; I’m being completely serious.

      That tells me that this isn’t a means to help the poor, so much as another way to punish individual responsibility, and they damn well know it.

Sorry, folks. Watching 35 years of saving for retirement get hoovered up by out of control people I didn’t vote for and certainly do not agree with is a bit upsetting for me and yes, if you redistribute my wealth I will “TCOB”.

A government that is big enough to give you everything you want, is big enough to take everything you have…

Ask the people in Venezuela etc….

“Of course, he walks away after giving a snobby answer.”

Pseudo-President Biden thinks his “snobby answer” is a clever response. Clearly it’s a deflection from the question.

“Is it fair to people who in fact do not own multi-billion dollar businesses to see one of these guys getting all the tax credits? Is that fair? What do you think?”

I’m not even going to address whatever substance Dementia Joe imagines is contained in that word salad.

Who writes the tax laws? Biliionaire business owners or Congress? You know, the legislative branch of the federal government that former Senator Biden (D-Corruption) “served in from 1973 to 2008.

If he doesn’t think the tax code is fair, then he is responsible. Essentially he’s saying he hasn’t given a s**t about being fair since 1973 so why should he start now.

    It’s not even a clever deflection; it’s a completely different subject, without any segue to get there.

    He may as well have responded with, “Is it fair that Burger King won’t make you a Big Mac? Is that fair? What do you think?”

      Arminius in reply to Archer. | August 25, 2022 at 9:21 pm

      Of course it’s not clever. I never said it was clever deflection. I said tapioca brain imagines it’s clever.

      I was making the point that it’s revealing. It reveals how much contempt the left has for Americans and this country.

I borrowed my way through college. My parents did not have the means to pay my expenses, so I got in to a student loan program.

At the end of my 4.5 years in college, I had a fair amount of debt. I had 6 months to find a job and start paying back what I owed. I never dreamed of defaulting on my loans. I signed the paper that said I would pay them back over the next 1o years, and that is what I did.

Because that is what you do. Pay it back.

This student loan forgiveness program is a mass wealth transfer from the taxpayers to the deadbeats.

    MAJack in reply to GLB. | August 27, 2022 at 8:16 am

    Same story here. Borrowed, got job which later evolved into a successful career, paid everything back. Isn’t that what we true Americans do, or we’re supposed to do? Now the Communists in power have changed the rules. What are we going to do about it? Voting will not remove these vermin.