I am kind of surprised that loan forgiveness isn’t being looked at in terms of forgiving interest and capping interest rates to 0% or a negligible percentage. Feels like that might address those underwater more effectively, be more of a political win, and help address some of the big ole higher Ed issue at hand
Political Discussion
- Thread starter David A.
- Start date
I feel so bad for you, hun.
This is how it needs to be done. The problem is the additional on the principle especially when deferred.
I think that we should cancel it but if we can just get it down to what people actually borrowed minus what they have paid, it would help a lot of people out. And give them hope that they can actually pay off their debt.
wmeugene
Well-Known Member
Even my federal ones were through banks and servicers. Though they changed hands a bunch before I refinanced them, so they may no longer be through banks. Also, there needs to be some relief on private loans.
wmeugene
Well-Known Member
I've always been a proponent of federal loans being 0% interest and private student loan interest being 100% deductible with no ceiling/income requirement.
Perhaps putting some onus on the schools themselves as well to keep tuition down. Perhaps any school eligible for federal loans having tuition, board, and fees increases capped at COLA.
Ted Cruz in an interview with Fox News and of course the topic of the conversation was the "leak".
Brian Tyler Cohen sums up it up perfectly here.
Jut pure deflection from abortion to "the leaker" as the bigger issue.
Brian Tyler Cohen sums up it up perfectly here.
Jut pure deflection from abortion to "the leaker" as the bigger issue.
Okay, so RvW overturning would be a slippery slope for contraceptive rights, but Abbott takes the conservative cake with this one. Challenging the legality of public education. ffs
www.commondreams.org
Texas GOP Governor Considers Challenging 1982 Ruling Requiring Free Public Education | Common Dreams
The leaked opinion showing the Supreme Court's right-wing majority is prepared to overturn Roe v. Wade "is an invitation to all manner of challenges to deeply rooted precedents."
www.commondreams.org
folsom_lives
pretty_lil_dirt_boi
So if the court keeps taking up old cases, it's all but settled that the Supreme Court becomes partisan body of government and can enact or repeal judgement based on whoever holds the majority?Okay, so RvW overturning would be a slippery slope for contraceptive rights, but Abbott takes the conservative cake with this one. Challenging the legality of public education. ffs
Texas GOP Governor Considers Challenging 1982 Ruling Requiring Free Public Education | Common Dreams
The leaked opinion showing the Supreme Court's right-wing majority is prepared to overturn Roe v. Wade "is an invitation to all manner of challenges to deeply rooted precedents."
This video came up after the Brian Tyler Cohen video via auto play and I have been listening to it for the past hour or so.
Very informative.
Back in the 1960's as the Democratic party was trying to reidentify themselves, there was only one aspects all factions agreed on. We must move away from the New Deal. Move away from being a party for the working Americans and becoming a class party for the "winning professionals". A direction we must go in the post industrial age.
This whole speech is about how we got here and what the democratic party stands for today and how we got to Trump. But thankfully, not much on Trump and it's mostly a history of the democratic party.
A lot of context about why the democratic party is failing. Why they don't stand for what the left traditional left policies and choose Wall Street over and over again.
Very informative.
Back in the 1960's as the Democratic party was trying to reidentify themselves, there was only one aspects all factions agreed on. We must move away from the New Deal. Move away from being a party for the working Americans and becoming a class party for the "winning professionals". A direction we must go in the post industrial age.
This whole speech is about how we got here and what the democratic party stands for today and how we got to Trump. But thankfully, not much on Trump and it's mostly a history of the democratic party.
A lot of context about why the democratic party is failing. Why they don't stand for what the left traditional left policies and choose Wall Street over and over again.
Wow, the ending of his speech.
All the populist issues such as universal income, free college education, reviving industrialization and many more alike issues that Republicans like to call extremist where all things the democrats 1940's democratic policy political issues they would have considered normal and would have stood behind, now they wouldn't touch them with a 10 foot pole. They don't even have a thread of interest in passing any legislation for populist issues such as these. And any meaningful changes to policies such as these by democrats would have to come by dragging democratic law makers kicking and crying all the way across the finish line.
But until they start working back towards Truman error policies they are doomed to succeed going forward.
All the populist issues such as universal income, free college education, reviving industrialization and many more alike issues that Republicans like to call extremist where all things the democrats 1940's democratic policy political issues they would have considered normal and would have stood behind, now they wouldn't touch them with a 10 foot pole. They don't even have a thread of interest in passing any legislation for populist issues such as these. And any meaningful changes to policies such as these by democrats would have to come by dragging democratic law makers kicking and crying all the way across the finish line.
But until they start working back towards Truman error policies they are doomed to succeed going forward.
AnthonyI
Well-Known Member
"Unethical and break the law" he says..................I feel a pot, kettle reference here somewhere.
Joe Mac
Well-Known Member
The whole world took a huge and unfortunate step to the right in the 80s in response to the strength of organised labour. We’re living the consequences of that now. No party in a major country, even those far to the left of the US, is proposing the type of Keynesian economic policies that were pushed through in response to the Great Depression and WWII. The democrats are completely a centre right party by any barometer in the rest of the world and so I’m absolutely not surprised at that. Not that any of that is necessarily right, but it is reality.
When it comes to economic policies and inequality the 19th century is now looking better than our current state of affairs.
About a decade ago, I read that inequality levels had reached what they were in France right before the French Revolution. I can't imagine what they are now.
Joe Mac
Well-Known Member
And we’ve had so many “Let Them Eat Cake” moments since too.
Another big take away from that long speech was Democrats run on demographics. Demographics based on populations show that they don't have to do anything at all to run and win.
But Trump winning the presidency shows that that stance might be crumbling and if the democrats don't change things up they may be in a world of hurt going forward.
The populous is not happy. The current government, economic policies and economy does not benefit them. And in rural America there is no shortage of Conservative radio hosts saying that liberals are to blame. People are angry, and Conservatives are good at directing that anger at someone to be angry at. And in this case it's the "liberals". People naturally want to be angry, and these conservative radio hosts are making them angry and directing all that anger at the "liberals".
Anger is one of the biggest motivations when it comes to winning elections and this is how Trump won. And it could very easily happen again if not become the norm if the democratic party doesn't shift form the status quo to standing for something.
But Trump winning the presidency shows that that stance might be crumbling and if the democrats don't change things up they may be in a world of hurt going forward.
The populous is not happy. The current government, economic policies and economy does not benefit them. And in rural America there is no shortage of Conservative radio hosts saying that liberals are to blame. People are angry, and Conservatives are good at directing that anger at someone to be angry at. And in this case it's the "liberals". People naturally want to be angry, and these conservative radio hosts are making them angry and directing all that anger at the "liberals".
Anger is one of the biggest motivations when it comes to winning elections and this is how Trump won. And it could very easily happen again if not become the norm if the democratic party doesn't shift form the status quo to standing for something.
I realize that you are also trying to figure this all out. I read an article about this and shifting technologies--and how revolution happens after disruptive tech, but also how people respond to information. I think I want to get this guy's book and read it: The Prophet of the Revolt
It's not an easy read and it's really long, but it does talk about the anger response in the form of negation.
Negation is the public’s mobilizing and unifying impulse, so everywhere the protests are mired in a stance against. Zeynep Tufekci calls this a “tactical freeze,” but I don’t think that’s quite accurate. The revolts in question aren’t necessarily frozen: they can always turn more deeply and completely against. Black Lives Matter, for example, began as a protest against police racism and abuse of power, but has ended by knocking over statues of Lincoln and Teddy Roosevelt, as the movement turned against the entire reach of American history.
If you are deeply and completely against the established order, you can come to believe that smashing all its institutions to bits is a form of progress, even if you have no alternative to offer. That’s my definition of the nihilist. He is negation made flesh, a destroyer of worlds. People seem to worry a lot today about the rise of authoritarianism or the return of fascism. I honestly don’t get that. The digital tsunami has produced a crisis of authority for all forms of power. How a Mussolini could arise in the age of social media, and overthrow democracy without an organization, a program, an ideology, or even a Mussolini, is something I’d like to have explained to me. (And if the answer is Trump, forgive me if I snicker.) Under present conditions, the march on Rome would have devolved to a bunch of selfies on a Facebook page.
Like I said, it's not at all an easy read, but I feel like you are grappling with a lot of different concepts. This helps explain some of those. What we are currently seeing is a ruling class that can no longer control the national narrative. With trust devolving, people naturally are questioning every institution that we once held dear, so the impulse to "burn it all down" is extremely great.
Also, I emailed my state representatives and told them that I would never vote for them again if they voted for House Bill 813. I think I might need to send them a daily reminder though...
www.theadvocate.com
Louisiana women who terminate their pregnancies could face murder charges under new bill
Two days after the leak of a U.S Supreme Court draft opinion on access to abortions, a Louisiana House committee on Wednesday advanced a bill that would allow women who
Dtknuckles
Well-Known Member
The legality of a leak from the Supreme Court is pretty up in the air. I’m not sure there are any laws against it. Unethical probably, but in the face of what the leak was…I’ll let it pass.