Comment on Biden to defy Supreme Court in second attempt at sweeping student loan handout
gregorum@lemm.ee 5 months agoAKCHUALLY
Confiscation is when the government permanently takes a person’s property without compensation.
You are compensated by the services those taxes provide.
It’s not Biden’s role to determine this either
No, but the fact that you think it is only speaks to your ignorance. It’s a rule of Congress, who has the job of approving tax bills and spending bills and so forth. That’s why I recommended that you contact your congressman if you’ve got a problem with how your taxes are spent. Again, your argument is based on misinformation and fallacies.
Money is not created with this move, the same amount of money will be in the economy either way, other things go unfunded to pay irresponsible people’s debts.
Not only does that speak to your profound ignorance of how these bills are paid for, and you really should look into that because you obviously don’t understand this at all the irresponsible parties were the lenders who should not have lent this money in the first place to be who couldn’t pay for it. The risk was there to take, Not those to whom the money was lent. Once again, your ignorance of how our economy works, our laws work, and even how the finance world works is extraordinary. No wonder your argument so so terrible, lol.
I’m still waiting on the citations, by the way. Of course, if you can’t back up one word of your argument, I wouldn’t be at all surprised.
jimbolauski@lemm.ee 5 months ago
So you’ve proven you don’t know what confiscation is, twice. More than the government can confiscate, it doesn’t have to be perminanent, and compensation does not factor in. A teacher can confiscate a toy from a child and give it back at the end of the day. In 1934 FDR signed the gold reserve act and all privately owned gold was confiscated, the gold owners were reimbursed but that doesn’t change that their gold was confiscated.
There is no student loan forgiveness law or even a bill, so I don’t need to contact my congressmen. It’s just one man who is breaking the law with his edicts.
The lenders were many things but irresponsible is not one of them. Student loans have to be paid back, bankruptcy doesn’t get rid of the debt. Signing things you don’t understand is irresponsible, expecting others to pay your debt is irresponsible.
Ciataions for what? The definition of confiscate? That there is not infinate money? That there is no student loan forgiveness law?
gregorum@lemm.ee 5 months ago
I gave you the legal definition of confiscate. You whining about that doesn’t change the facts.
And I explained how the student loans would be paid back. You whining about that doesn’t change that either.
jimbolauski@lemm.ee 5 months ago
Except when you claimed it couldn’t be confiscation because it was legal.
You said the government will pay the loans… I’m not sure why you think that’s profound. You also made claims that paying student loans would help the economy but your limited grasp of the economy and understanding of finite resources has stopped you from explaining how.
You seem really hung up on taxes, my problem is not with taxes but with using them to pay people’s personal debts.
gregorum@lemm.ee 5 months ago
That’s not what I claimed. And your continued ignorance of the difference between confiscation and taxation is not my problem to solve.
It’s funny how you claim I am the one with a limited grasp of the economy when you’re the one who doesn’t understand how consumer spending stimulates the economy.
Seems like you’re the one with the hangup.