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Thanks. My brother in law is a financial genius. He was two steps below Jamie Dimon before he retired at the age of 48 to race cars. We have often discussed the student loan situation and he is in agreement with me that it would be an amazing stimulus to the economy since most people would use the extra money to go out to eat more, purchase a new vehicle, etc...so your wedding example backs that up somewhat. |
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I've never understood the push back to this. It makes sense that if you didn't have loans, you had a viable degree and job, that the income you'd earn some of it would be disposable and thus stimulate the economy. My loans are paid, I don't have any. I'm blessed, I'm happy for anyone who is having them paid off. There is no bitterness or what about me... The what about me stuff is just pathetic, there's always someone who feels shrifted (generally by their bad choices) and want to screw everyone else from betterment (hence MAGATs). This is also why I shake my head about not having universal healthcare, wouldn't it then reduce weight on companies to not have to shell out for let's face it nine times out of ten pretty shitty insurance. Wouldn't universal health care allow them to then allow employees to maybe put that money into 401k or disposable income, sure you'll have higher taxes but you're covered. Companies could also then redirect money to other things. Insurance companies wouldn't go kaput, they'd have the largest customer in the US Gov'nt. I just don't get. Too much fuck you I got mine, or if I can't have it no one can. |
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So would he be cool with giving every American citizen 55k? Think the of spending everyone would do! |
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It's simply because someone has to pay for that stuff. If Peter is robbed to pay Paul then Peter isn't like to congratulate Paul on his newfound wealth. |
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Most student loans are predatory; most kids who get student loans have to do so because they're living hand to mouth or their parents are and they have no recourse but to get loans that exceed really the value of college. So what are youre options? You take the loan if you want a real career. Some careers require masters degrees, guess what theres another loan. Now you have your degrees but you are competing in a job market, you have have transport, you have to have place to sleep, you have to have food and utilities. People like you are the problem. I assume your thought is if you can't afford it don't do it, well with education you don't have that option. You can be a stupid unskilled laborer but you won't be able to live. Oh and I think in Europe the majority of college education is free. It's publically funded because you know who wouldn't want their citizens to get good education so they can get good jobs so you know stimulate the economy and have a skilled workforce populace. This whole bullshit persona of pull yourself up by your bootstraps is so you can be poor and stupid. The mindset that it is robbery if the public gets "free" education/public health (meaning taxes go towards it) is one of the nastiest tricks the rich have played on you. Like I said, I don't really care. My loans are paid for my degrees(bachelor and masters). I got a nice house in a nice area (suburbs). Good public school for my kids. My company has an okay health insurance and I've got about 400k in my 401k (I took out a chunk to pay for said house but that's okay it's doubled in value). I don't make too many extravagent purchases; I live easy, I can buy the things I need when I want. My daughter is just finishing up her masters. Her loans are paid. Her starting salary is just North of 93k. She'll be fine at 23. Not a lot of kids will be. |
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That too. |
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Another savings opportunity.
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Nothing really to add to this wonderful, beautiful quote.
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But let's talk more about Biden's cognition.
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The audio of it is absolutely brutal.
One thing I did notice is no one was cheering. It gave me hope that even his most fervent supporters are starting to be like, WTF is he even saying? |
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It's another rally of word salad and where, at one point, his brain locked up and he slurred some nonsensical shit. |
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REL disliked fighting uphill so much he did it on two consecutive days.
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The details of the Ukraine-Israel-Taiwan bills to be voted on this Saturday. No mention of border security, I have to believe there'll be something.
Here’s what aid the House would provide Israel, Ukraine | CNN Politics Quote:
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EDIT: Axios reported below on the border stuff. If true, I still don't get it. GOP leverage is now with getting something for the border. Proposing a separate bill that probably won't pass the Senate this year seems to be a losing proposition. And there is no guarantee Trump will win for a border bill in 2025. Quote:
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The below Politico article is kinda weird. If Tiktok was not owned/controlled by the Chinese government, why would the Chinese diplomats come out and try stop this legislation? Just a moment... Quote:
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The Ukraine-Israel-Taiwan bills total up to $95B in aid.
Sounds like Norway could fund that all by themselves just from one quarter. https://www.cnbc.com/2024/04/18/worl...q1-profit.html Quote:
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Not as puzzling when you think about it. I believe interaction between Bytedance and the Chinese government is separated from Tik Tok. Whether it is a Chinese government front or not, the best way to have Tik Tok be successful is to keep it as separate from the Chinese government as possible. |
They're mostly owned by VC and private equity firms. Sequoia and Susquehanna own a large chunk of the company. The same people who own half of Silicon Valley. It's not a huge secret who's invested in ByteDance.
We can drop the facade over "fears of Chinese ownership". They're invested heavily in tons of American companies, including Twitter and Meta (who actively share data on users with the Chinese government). This is more about appeasing some Israeli lobbyists and giving a right-wing billionaire like Steve Mnuchin a growing company at a steep discount. |
Congrats Mike for getting this far. Congrats Jeffries (and Joe) for supporting and whatever nod-nod-wink-wink you had to do with Mike.
After the bills pass, I really want MTG to start the vacate process. I assume the Dems will support Mike and the vacate motion will fail. But it'll be fun watching the dysfunction for another week or two (and a reminder to the voters). HouseÂ*passesÂ*key procedural vote on foreign aid bills, setting up final vote Saturday | CNN Politics Quote:
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Enjoy your Tiktok while you can. I predict it's going down. Just a moment... Quote:
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Watching Jeffries speech now. Let's get it done. According to WaPo on the border bill. So, Joe gets what he wants, albeit delayed for 5 months, and doesn't have to concede any border stuff. Weird GOP 3D chess. Quote:
EDIT: done deal! Joe & Jeffries, think your best shot for continued bi-partisanship is Mike. Gotta support him if there's a vacate motion. |
Some behind the scenes stuff that happened for Mike to let the vote happen
https://www.cnn.com/2024/04/21/polit...wan/index.html Quote:
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I hope it portends some additional, non-MAGA, bipartisanship in the future. |
This is a really positive research paper on the benefits of student loan cancellation. It found that people who received help were able to buy homes, cars, and other necessities in life. It allowed them much more financial freedom and mobility.
A First Look at Student Debt Cancellation - Jain Family Institute If I was running for President, I'd probably be promoting the shit out of this to lure younger voters instead of chastising them. |
Kari Lake has now officially (?) lost the 2022 Arizona Governor general election as the Supreme Court failed to hear her appeal. Congrats Governor Hobbs I guess?
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Still waiting MTG.
What's taking so long. Let's get it over with. |
The closure vote for the aid packages passed the Senate 80-19. A bunch of Republican converts from the last vote in February.
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Biden WH banned almost all non-compete clauses.
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I'm starting to think it matters who the president is.
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That should raise middle income wages a lot… A LOT
Sent from my iPhone using Tapatalk |
Can't wait for the inevitable trip to SCOTUS where the right-wingers explain how non-compete clauses were common in the 1600s therefore their exclusion would never have been contemplated by the Founding Fathers.
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Doesn't even need to make it to SCOTUS. Lawsuit just filed in the Northern District of Texas which is a rubber stamp for whatever businesses want. Ryan Challenges New Non-Compete Rule Issued by Federal Trade Commission (FTC) It's the district below where everyone is filing in. I'd say Joe should nominate some judges to fix that, but he's still abiding by the tradition of blue slips so that's not changing till at minimum of 2028. reuters.com |
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Long article. TL : DR lots of vibes that Dems will support Mike if there is a vote. MTG has to know with Trump's lukewarm support of Mike & the vibes from the Dems that her vacate motion will fail. She's the type of person that will push it regardless just to force people to pick sides on the record. Hope it happens, I want to see the outcome. Just a moment... Quote:
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I think the Dems are willing to save Johnson at this point because there has been a lot of open infighting amongst R's all of a sudden. Getting on Sunday talk shows/openly talking about the reality of working with some of them are on a daily basis. johnson finally allowing the Ukraine package to go through was maybe a signal that he too is tired of working with some of the Far right members of his party because they are going to be the ones that cause them to lose both the House and Senate in November. i think especially if they lose, they will finally be ready to jettison the more extreme members and work with the Dems to get rid of/remove from Committee Chairmanship roles. People like Gaetz, MTG, even Comer and Jordan considering their almost no results from their Committees, and have they even started their own Jan 6 investigation yet? |
Dems want a functional government, even if they aren't the ones running it. A fair amount of GOPers love to do whatever it takes to make the federal government not work, so they can point out how the federal government doesn't work.
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Well, a fair number of them don't want a working federal government period. Easier to get away with other antics if you don't have one.
(With all the hubub about the movie, I decided to finally read Killers of the Flower Moon earlier this year. One angle that was brought up about the emergence of the FBI was that before its existence, there really wasn't any way to investigate/prosecute much of anything if the local authorities weren't interested -- or were the ones who were behind the crimes. You have a crooked local/state authority, there's nothing that can be done about it. Which of course is how a lot of areas were run. Some would probably like to get back to that.) |
Another win for Biden.
Biden-Harris Administration Announces Final Rule Requiring Automatic Refunds of Airline Tickets and Ancillary Service Fees | US Department of Transportation DOT issued a rule requiring airlines to provide automatic refunds (not travel credits) to passengers when flights are cancelled, significantly changed (by 3 hours domestic, 6 hours international, increase in number of connections, and a few other triggering events), or significantly delayed baggage. |
Next, he needs to kill of Ticketmaster and StubHub....
If he can do that, he belongs on Mt. Rushmore. |
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So the government should be involved in telling venues how to sell their tickets? Srsly? Why not solve the problem and just have the government seize the venues and give all the tickets away free? |
Monopolies are illegal. So they'd just be enforcing the existing law.
I'd also wager most of those venues are publicly financed. So maybe there should be some free tickets included for subsidizing their business model. |
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It's not as though there's some other rational solution ... I mean, they're obviously selling oxygen.
It's not as though consumers could {gasp} simply choose not to partake. Want to put an end to Ticketmaster? Stop buying tickets sold through them. No government overreach required. And if an insufficient number of people are willing to do that then is there really that much of issue? |
They have a monopoly which is the issue. There is often nowhere else to buy tickets.
I don't think it's government overreach to enforce existing laws that those companies are breaking. If you disagree with those laws, I get it, but they're on the books. |
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Just make ticket flees a constant, flat fee, not a stupid percentage of the face value, and people wouldn't revolt. Ticketmaster's fees are so ridiculous and they have such a monopoly that even the 'indie' alternatives are only motivated to be fractionally less shitty, trying to get their sips from the money river, rather than trying to disrupt the model.
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Yes. Because Saudi money is propping them up. https://variety.com/2020/music/news/live-nation-saudi-arabia-investment-fund-1234590638/ You joke about some regulation being akin to the American government taking them over, but the Saudi government is literally their third largest shareholder. |
Personally, I'm not adversely impacted by the Tik Tok ban. But please don't mess with DJI, I want to get a Mini 4 sometime.
If there was some hidden Chinese malware or backdoor stuff, I'm sure someone is smart enough to find it. I'd be more worried about Teslas or TVs made in China. https://www.tomshardware.com/tech-in...ly%20be%20over. Quote:
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I wouldn't worry about malware or backdoor stuff. People have gone through their product for years and found nothing. The ban is at the behest of Skydio which just can't compete with DJI or Autel. Not sure what stage of capitalism this brings us to.
It'll be a huge blow to a lot of small/medium businesses that have invested in the drones. LiDar mapping, surveyors, etc. |
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They are already pushing to change this. The new FAA bill has language in it that repeals the DOT rule. It has bipartisan support. |
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Yes, finally. Some excitement next week! Marjorie Taylor Greene to try to oust Speaker Johnson next week : NPR Quote:
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