And the working class gets the shaft yet again
The woman who sued to have this struck down took a PPP loan worth $48,000 from the government. She then had all but $4 forgiven, after which she proceeded to sue against student loan forgiveness which would of forgiven 20k of federal loans, and 10k of private loans.
Ghouls
Small business tyrants have been looting the treasury for the last three years. You would not believe the amount of free money given to some of these ghouls. $48k is nothing compared to what I’ve seen.
The average loan size was 250,000. 5-50 million was also very common.
Massive corporations also got absurd quantities of money.
Western Democracy is when you give your little brother the unplugged console controller so he stops asking you for a turn. And he sits there like an idiot pressing the buttons thinking he’s in control.
Sometimes he starts to get suspicious, so you tell him he needs to press the buttons harder. Then you look over at which buttons he’s straining himself on and follow along for a bit until he thinks he’s making a difference again (but never in a part of the game that actually matters of course).
The difference is, with Western Democracy you’ve got a chorus of commentators sitting behind your brother telling him he’s in control, applauding or criticising accordingly, telling him he’s being silly when he gets suspicious, and moving hell and high water to keep him distracted when he starts following the controller cable to see where it really leads.
Excellent analogy!
This is bad of course but must remember that this debt forgiveness was a dumb half assed plan from the start. Systematic change is the only thing that will help the working class.
Better then nothing. 20k can change peoples lives, forget that it’s half baked, any measure to help the proletarian is good.
Yeah agree, but they intentionally chose a long and winding path to get it done, one which allowed republicans to file an inevitable legal challenge. Undoubtedly this wasn’t literally purely to sell out student debtors (i.e. me) for just pure malice, but instead they were thinking this is a nice middle path where we’re not too radical but also standing by our commitment (a commitment that itself was a climb down from his previous commitments).
The effect, however, is the same. The best path was to immediately forgive the debt and force the court to claw it back, rather than to just nullify something that didn’t truly exist yet. They chose this path knowing this was the likely outcome, but preferred it to something more radical that had a higher chance of success. I am not clear on the legal (let alone extra legal) paths available if the court is truly determined to even claw back the money, but they haven’t been playing to win from the start.
Because when you have a bourgeois class of elected officials, consultants, lobbyists, and various other hangers on, they lose 100% of whatever genuine enthusiasm and connection they had to the rank and file of the party. It’s no different than the SPD in 1915, only even less radical and more doomed to fail
They def have a legal path to doing it through the powers in the Higher Education Act of 1965. Just purposefully incompetent and chose this route knowing it’d probably fail
Agree with this as well - lots of people way smarter than the dem consultants running the white house have been saying they should use the HEA from the beginning. Especially because part of that legal path is a comments period that will take a long time. A long time that runs directly into the election, just another instance of Dems causing more political problems for themselves.
In reality though, laws are just words on paper. Standing, limits on judicial review, all this stuff only means anything if we all agree that it does. If (when) the court completely violates these previously held rules (nobody can stop them truly, see this completely fake gay discrimination case they ruled on if the student loans doesn’t convince you), Biden has to either meet the challenge head on or save face while taking the L. He’s already pre-empted today’s ruling by saying that he would never “politicize the court” lol, so we know what his take is, and that is shared near universally among the people with pull inside the pary.
Political power springs from the ba…err from the bang of a gavel? Way less scary than growing from a gun, we hate those here
Well pretty uncontroversial that Mao was right ;)
Agreed just saying this was the compromise, the least they could do and they can’t even do it.
Agreed, the root cause of this is that higher education is too expensive for the average person as the result of a system that chases monetary value at all cost.
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Not sure what the implication is here. The supreme court was always going to try to stop this action from Biden. He has other options and instruments to effectively implement the same thing. Arguably, because there was no injured party in this case, it never should have been decided upon by the supreme court.
But it was.
As opposed to what? Trump?
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You wouldn’t have had anywhere near this much time before payments resumed if not for dems
Ooh, a few months without payments, I’m sure that’s incredibly helpful to people paying off their student loans over the course of decades. Thank you, Biden, for not fundamentally changing anything so I could go back to brunch in peace.
A few months? It was 3 years, and that was an insane benefit to everyone suffering under these loans.
There is a Russian saying that doesn’t translate to well, but basically says, “If they give, you take. If they hit, you run”.
Yeah he’s a moronic dem, but don’t act like this hasn’t been helpful.
You’re right, but acknowledging that the democrats have actually helped a lot of people, are objectively better than the republicans, and that voting blue actually does get positive results would undermine the anti US propaganda narrative I’m trying to spread
Straight lying and spreading misinformation when it’s useless will just get us seen as untrustworthy. There’s no need to misrepresent the situation, it’s already as bad as is.
Acknowledging that your enemy made a good move is not the end of the world, and at the end of the day this was a measure that greatly affected and benefited the working class and proletariat.
Who cares that a democrat did it? Use the rope they give you against them. So why bite the hand that’s giving you a handout?
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What? I think you misunderstood me. I’m saying the people shouldn’t fight back against this one, because hell, at least it would’ve impacted the working class positively.
Also I don’t think the nations first class citizens are the ones taking out student loans.
Keeps his promises lol
Who paused the payments my dude?
I never said anything about who started the pause. Is Lemmygrad really pro Trump? lmao
No, we have more or less the same level of disdain for all Amerikan presidents. There is no meaningful policy difference between the two parties, only rhetoric
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thats just so blatantly untrue lol. youre the type of morons who think you’re only at fault in the trolley problem if you touch the lever at all
Which part is untrue? The foreign policy is completely unaffected by which party’s “in charge”. They’re all imperialist scum serving the same capitalist interests.
Only if you think voting is the only form of worthwhile political action.
Supreme court is fascist
This was the intended result all along. Grandstanding to the fullest.
Woo-hoo! I get to keep the 5k cloud of debt I got for dropping out freshman year hanging over my head! Another victory for the free world!
5k? Are you forgetting to pay fealty to your Lords with interest?
Well yuo see I have been unemployed every time I’ve had to reaffirm yearly my commitment to “repaying” the loan… quotation marks because college did not actually cost that much, it’s just a nonsense number they pulled out of thin air to pad their fucking fossil fuel investment portfolios but whatever.
Regardless, being unemployed when I re-up as it were allows me to get away without any interest. How kind. Unfortunately I have a job now, so we’ll see how it goes.
So their “supreme court” has the highest power in yankeeland… but the people inside there, how do they get in? I’ve never heard about a “supreme court election”. Do they just plant their children in there, monarchy style?
President nominates people and congress has a hearing and either confirms or rejects them.
So, yea essentially except usually it isn’t their kids but rather people that have written enough legal opinions that they like and can bribe
Joke’s on you, at my employment/wage rate I’m never paying off these loans.
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I changed banks during the pandemic. Maybe I’ll just “forget” to put my bank account information back in, and see how long I can get away with “forgetting about” a $19K balance.
The IRS would rather airstrike you then let you get away with that, they’ll make sure that Uncle Sam will garnish your wages and ruin your credit score for daring to be disobedient.
the supreme court are a bunch of motherfuckers and i am not surprised
This is my shocked face dot gif
Surprised_Pikachu.jpg
Lol this is why I didn’t go to college. Kinda sad but I was right
The optimist in me really thought this was going to go through at first. Damn.
I fucking hate seeing this shit being called as Biden student loan relief plan. Even though this plan as senile as him.
