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I pay my own debts, you pay yours.
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Close Call
Wow, the economy almost suffered more inflationary pressure. Great job SCOTUS. 400 billion isn’t chump change. It would fund half of the Department of Defense for a year. It would pay for almost 1/3 of Social Security benefits for an entire year.
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The job of the SC is not to do what the majority wants. Their job is to interpret the Constitution and other laws. The Legislative Branch makes the laws and "the majority" is free to elect those who will create actual laws that they want. It is, however, unfortunate that the SC has to spend time reining in the Executive Branch when it oversteps it's authority.
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Someone gets a loan for a new home build in the Villages. They get the mortgage for the lot and the home design, the money is handed over to the Developer. A month after the house is built, the government sends you a notification that the entire property, and the six blocks around it, is condemned due to hazardous waste that the Developer knew about, but conveniently forgot to mention to you. Now you owe $300,000 on a mortgage for a property that was sold to you fraudulently and deceptively. You owe $300,000, AND you still have no home, because you can't live there. You'll now have to buy ANOTHER home - but what lender will loan you money while you're already $300k in debt, with no collateral to secure it? The Villages should be paying that loan back. They're the ones who cheated both you and the bank. The bank only lent the money because they were ALSO deceived into believing it as a sound business decision to lend the money. |
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Richard Sharp, who was chairman of the BBC, admitted that the broadcaster “does have a liberal bias.” And I watched the BBC this morning. They had a Democratic congressman, a reporter from Politico, and a law professor who worked in the Biden administration. Not one guest defended the decisions. As for Reuters, this is the headline for yesterday’s story. US Supreme Court deals blow to LGBT rights in web designer case. The term “Deals blow” to LGBT rights appears to show a political slant. A more objective headline would say US Supreme Court rules in LGBT case. I agree that Fox has a conservative bias but they will frequently put a liberal on the panel to present the liberal argument. I have never seen that on MSNBC. |
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Read the facts and not just the headlines. Justice Roberts basically said he doesn’t disagree with the intent, but the president just doesn’t have the authority to do it.
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As with any loan, because of interest you will end up paying back more than you borrowed - that's just the way loans work. With most loans the monthly payment will be calculated to include all interest plus some principle. However, with student loans there are many schemes to stretch out the term of the loan to keep payments low or to defer payments entirely. Nothing comes for free (not much anyway) and these schemes result in you paying much more than was originally borrowed. You need to talk to an accountant who can help you understand how you came to be in the position you find yourself in and how to dig your way back out of it. |
3 good rulings for a change.
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Include me
If the debt relief is eventually passed, I’m going to request a refund of $10,000 for the loan I previously paid off.
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However, they may not tell me I can't buy a can of furniture wax from their store that sells furniture wax, because I'm a woman. Or because I'm white. Or because I'm Jewish. Or because I'm heterosexual. Or because I'm hearing impaired. All of these things are protected classes - race, gender, religion, sexual preference, disability. All protected classes. |
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