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Wednesday, October 19, 2011

Moveon.org: forgive all student loan....SERIOUSLY??

  So you may have heard that one of the demands the occupiers have is to forgive all loans; then the various students with $200,000 loans accrued from majoring in pinochle at Harvard started posting lots of signs and begging that their specific loans need to be dismissed so they can get on with their lives unencumbered, presumably to teach, um, pinochle or something.
  Now we learn that this drive has progressed to a petition drafted by a Move.org lawyer. Fox:
Picking up the protesters' thread, liberal interest group MoveOn.org is pushing a national petition that at last count had 600,000 signatures for the forgiveness of "all" student loan debt in America.
The petition, drafted by attorney and MoveOn member Robert Applebaum, claims debt forgiveness would have an "immediate stimulative effect" on the economy as "millions of Americans" would have more pocket cash. 
  Not to be repetitive, but we just mentioned that no one seems interested in boycotting or demonstrating against the colleges who have raised tuition rates exorbitantly. Washington Times:
Many occupiers complain about their outstanding student-loan debt. “One semester from graduating college with a degree no one seems to hire,” one sign read, “In massive debt because of that once ‘dream degree.’ ” Obviously, Wall Street is not to blame for that. Since 1985, college costs have risen more than 450 percent, which is about 4.5 times the rate of inflation. The occupiers’ anger over student loans shouldn’t be directed at banks that made their education possible but at the colleges and universities that exploit the loan system to soak students for tuition in exchange for those worthless degrees. 
  450%? 
  The idea that adding on to our tremendous debt with a gift of a trillion dollars in student loan forgiveness, because that is the price tag, is even being floated is symptomatic of the sickness that's going on in the diseased minds of many of these occupiers, who are driven by Marxism more than benevolent feelings for the rest of mankind.
  Redistribution is the name of the game. The joke is that the universities are complicit in this. They aren't interested in fairness or fiscal sanity.
  They're the 1%, after all. They have it made. 

2 comments:

  1. I have a blog that can teach these "students" how to cook. www.recipeandcleaningtipsforall.blogspot.com If these folks are a result of higher learning, then the Colleges of this nation, should give refunds.

    ReplyDelete
  2. I think that's the point! And people are still eating out,so....your blog sounds like a good idea!

    ReplyDelete