Page 23 of 70 FirstFirst ... 13212223242533 ... LastLast
Results 221 to 230 of 694

Thread: Labor Unions Join Wall Street Occupiers for "Mass Rally'

  1. #221
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Yesterday @ 07:47 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,995
    Blog Entries
    1

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by iliveonramen View Post
    I always assumed that as funding came in less and less via state funding they had to rise tuition.
    That probably accounts for some of it...but make no mistake, college is a business....BIG business. it has shareholders, board members, the works. They are for profit.

  2. #222
    Pontificator
    iliveonramen's Avatar
    Join Date
    Sep 2011
    Location
    On a Gravy Train with Biscuit Wheels
    Last Seen
    12-16-17 @ 05:41 PM
    Gender
    Lean
    Very Liberal
    Posts
    9,213

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by cpwill View Post
    moral hazard is too easy. brand new college grad has nothing - bankruptcy costs them nothing.
    That is true too....why not go to harvard on student loans and just wipe out debt. The education is very worth living through bankruptcy. It would be a "smart" economical decision as more and more are getting priced out of what is slowly becoming almost a necessity.

  3. #223
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Yesterday @ 07:47 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,995
    Blog Entries
    1

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by iliveonramen View Post
    FDIC is insurance and only covers personal loss of a bank account (i.e. you). The stafford subsidized loans and other government backed loans insures that everyone is eligible because if you do not pay the loan, the government pays for you and will collect from you. Even though BofA or Nelnet controlls the loan, they have a promise that if you don't pay the government will collect.
    The FDIC is a pre bail out, bail out. It ensure that banks can be run all different kinds of badly, and still stay in business, because the customer is covered. By...of course...the customer's taxes. To me, that is government backing of banks. Propping up, to be more exact. So in other words, those other loans, like small biz loans and such, ARE back by the government. The bank can literally loan out ALL of their capitol, and if NONE of it get's paid back, no worries, because the investments are still covered.

    But besides that point, why are student loans the only ones openly, directly, back by the government?

  4. #224
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Yesterday @ 07:47 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,995
    Blog Entries
    1

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by cpwill View Post
    moral hazard is too easy. brand new college grad has nothing - bankruptcy costs them nothing.
    Except for 7 years of 0 credit. You can't even rent an apt or buy a used car without a credit check, man. Usually the people that file chapter 8 have nothing left, either.

  5. #225
    Liberal Fascist For Life!


    Redress's Avatar
    Join Date
    Mar 2008
    Location
    Georgia
    Last Seen
    Today @ 02:47 AM
    Lean
    Very Liberal
    Posts
    93,360
    Blog Entries
    2

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by cpwill View Post
    i heard what they said - and then found and linked the relevant portion to you from a left wing supportive website. you can complain all you like about it
    What you did not find was the people actually doing this saying what you claim. I could care less what other people claim they are about, I want to know what they are about. Your sources have not been particularly good on that.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

  6. #226
    200M yrs of experience
    Frolicking Dinosaurs's Avatar
    Join Date
    Aug 2008
    Location
    Southeastern USA
    Last Seen
    05-07-12 @ 12:19 AM
    Gender
    Lean
    Other
    Posts
    2,166

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    FD-The seniors are pretty darn hot about the Tea Party putting SS and Medicare on the chopping block while refusing to raise taxes on the wealthy.
    cpwill -actually A) seniors aren't effected by any plan to reform those two entitlements and B) a plurality of seniors poll supporting the Ryan Plan over the Obama Plan.
    FD-I don't know a single senior who supports the Ryan plan. After the enormous failure of GWB's Part D plan, senior want nothing to do with another voucher system. They got taken in once; they aren't interested in doing it again.
    FD- The younger voters are upset that educational assistance when on the chopping block while refusing to raise taxes on the wealthy.
    Cpwill - of course they are. our idiotic notion that everyone needs to go to college has resulted in my generation receiving little to no actual education in return for which we are saddled with massive student debts. THEN, we graduate (if we graduate), only to find that unemployment for our age bracket in the Obama Economy is around 15-25%. Underemployment is far higher than that and suddenly your studies in feminist theory and film don't seem as guaranteed to enable you to pay those loans back as easily as your guidance counselor seemed to have suggested.
    FD - I've always felt educational loans should be larger for needed professions and smaller for those who are going into fields that are not needed
    FD - There are a lot of Hispanic children born in the US to illegal immigrants that are now over age 18 and they are upset that that the GOP has blocked all legislation that would legal to their relatives be able to make their status legal and to have the protections most workers in America enjoy.
    cpwill - that may be true, but the GOP is on the general side of the populace when it comes to immigration.
    Not for long if projections about the growth of the Hispanic population come true
    FD - The unemployed are upset that the GOP has tried to block programs to help them retrain and programs to create jobs
    cpwill - to the contrary, the GOP in the House has passed numerous measures that would have created jobs, that have then gone on to die in the Senate. Democrats, by contrast, seem more interested in measures that constrain job growth.
    FD - thus far the GOP seems to be trying to sell trickle-down economics and failed GWB policies. These ideas are what got us into this mess - not what will get us out of this mess
    FD - A whole lot of uninsured people are angry that the GOP blocked a public option for healthcare.
    cpwill - doubtful. people that are uninsured and can't get insurance generally qualify for Medicaid, which is a public option.
    FD - you are woefully out of touch with just how poor someone must be to qualify for Medicaid. The working poor don't qualify - they have to buy a healthcare plan.
    FD - People are angry that Americans pay far more for medications than residents of other countries do
    cpwill - depending on how you count (do you consider unavailability of care a "cost"? how about time spent waiting?).
    FD - have you seen healthcare delivery in a country that has universal, single payer healthcare? I have lived abroad thanks to my husband being in the USAF. People don't wait for months to get MRIs, CTs or most surgeries. Sick people normally get seen the same day as they do here. Home health care and medical equipment is easier to get there than in the US. Emergent care is readily available. Emergency surgery is the same as here. There are no 'death panels'. Preventive care is head and shoulders above the US standards and training on healthy lifestyles is far better. 95% of what the GOP was saying would happen with a single payer system was pure BS.
    cpwill - but certainly we pay too much - which is why we should put into place the reforms that have been proven to reduce costs.
    FD -Other first world countries pay less per capita and have better healthcare outcomes. How? Single payer, universal healthcare. They have proven this works as a cost containment measure so maybe the US should give this a try.
    ..........
    I don't want to see religious bigotry in any form. It would disturb me if there was wedding between the religious fundamentalists and political right. The hard right has no interest in religion except to manipulate it. ~ Billy Graham in Parade magazine February 1, 1981.

  7. #227
    Guru
    nonpareil's Avatar
    Join Date
    Dec 2009
    Last Seen
    07-04-15 @ 10:36 AM
    Lean
    Undisclosed
    Posts
    3,108

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by Grant View Post
    That's the way this is headed. They are angry but cannot offer any realistic solutions. They are not the best America has to offer.
    Nobody claimed they are "the best America has to offer". So away with the strawman. And the Tea Party was just as unorganized in the beginning. But other posters went through this dance.

    Because they have no real ideas they'll be yesterdays new quite quickly.

    Do you have a crystal ball or a magic mirror that tells you the future? If not, your speculation means nothing.
    Last edited by nonpareil; 10-07-11 at 01:42 AM.
    Quote Originally Posted by Free_Radical View Post

    And I wasn't making an appeal to authority, I was making an appeal to the philosophical body of work of the founders, the worth and content of which should be well-known to anyone with a cursory understanding of basic history and philosophy.

    Brian

  8. #228
    Sage


    MaggieD's Avatar
    Join Date
    Jul 2010
    Location
    Chicago Area
    Last Seen
    @
    Gender
    Lean
    Moderate
    Posts
    43,243
    Blog Entries
    43

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by KevinKohler View Post
    The FDIC is a pre bail out, bail out. It ensure that banks can be run all different kinds of badly, and still stay in business, because the customer is covered. By...of course...the customer's taxes. To me, that is government backing of banks. Propping up, to be more exact. So in other words, those other loans, like small biz loans and such, ARE back by the government. The bank can literally loan out ALL of their capitol, and if NONE of it get's paid back, no worries, because the investments are still covered.

    But besides that point, why are student loans the only ones openly, directly, back by the government?
    The FDIC was put into place to avoid the run on banks that led to the Great Depression. It is not a bank bailout. It's a confidence booster. Provided your bank accounts are structured correctly, one's deposits are insured up to $250,000 and more by the full faith and credit of the United States Government. Yes, funded by taxpayers. Banks cannot loan out all of their capital. They have very strict regulations governing their reserves.

    My common sense tells me that student loans are backed by the U.S. Government because college students don't have adequate credit scores. And, of all the loans in the world, a student loan is one biatch to default on. The government will intercept your IRS refund checks, freeze your bank accounts and, in every way you can think of, assure that the student repays. Student loans are not excused in bankruptcy either.

    Student loans are not the only loans guaranteed by the U.S. Government:

    Government loan guarantee programs are offered by the Federal Housing Administration (FHA), the Department of Veterans' Affairs (VA), and the Department of Agriculture's Rural Housing Service (RHS). Each program has its own requirements.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  9. #229
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by iliveonramen View Post
    I did mean Medicare thank you
    glad to help

    The whole purpose is the 99% that has been left out.
    well then the whole purpose is a crock. we have had endless attempts to keep people in houses they never should have bought because they couldn't afford. we have extended unemployment ad nauseum. more people are on government aid than ever before - 47% of households receive one federal program or another. all these students protesting that they have to pay back their loans had their loans federally subsidized in the first place.

    just like in Greece, this isn't the "left out" crowd hitting the streets - it's the recipients of government largesse, demanding more.

    Medicare and Social Security are entitlements that benefit mainly the lower and middle class. They've always been considered a middle class issue.
    they typically have - which is odd considering that social security is designed to help the poor the least. you would think given that set up that there would be room for acceptance of Republican calls to means-test them.

  10. #230
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 02:25 AM
    Gender
    Lean
    Independent
    Posts
    54,728

    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by iliveonramen View Post
    I did mean Medicare thank you



    The whole purpose is the 99% that has been left out. Medicare and Social Security are entitlements that benefit mainly the lower and middle class. They've always been considered a middle class issue.
    WHat does that even mean "the 99% have been left out"? You do realize I am certain that a good number of that '99%' are pretty damn wealthy...making millions. Another very healthy chunk of that '99%' makes well over 250k. A significant portion of that '99%' make 50k or better. Lord...toss people a slogan and they will jump on that beeeyotch like its steak. Left out? Then maybe you ought to look at yourself and YOUR role.

Page 23 of 70 FirstFirst ... 13212223242533 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •