Student loan forgiveness: you get to pay more

 

Rick McKee’s cartoon seen on PowerLine’s "Week In Pictures"

The Democrats really do want more of your money.  At American Spectator, David Catron reports on the case before the Supreme Court concerning the cancelation of student debt; he begins:

Last week’s oral arguments before the Supreme Court concerning the Biden administration’s student-loan forgiveness plan predictably focused on arcane legal theories such as the “major questions doctrine.” Relatively little time was devoted to the profoundly inequitable structure of the program. Chief Justice John Roberts and Justice Neil Gorsuch did note that it would provide benefits to certain favored persons while ignoring the very real costs it would impose on others, but no one mentioned a fact that will gall most taxpayers — it would cancel student loans for college dropouts.

Remarkably, the Biden administration and most Democrats see this as a selling point for the plan. The White House fact sheet puts it as follows: “Nearly one-third of borrowers have debt but no degree, according to an analysis by the Department of Education of a recent cohort of undergraduates.” The Democrats justify canceling these loans because tuition costs have risen, ignoring evidence that the loans have driven that increase. Sen. Elizabeth Warren (D-Mass.) claims: “Up to 4 in 10 people with student loan debt weren’t able to graduate, many because of high costs.… Canceling student loan debt would change their lives.”

The problem is that the $400 billion program would also “change the lives” of millions of Americans for the worse. How? It will raise the stealth tax known as inflation. . . .

Read the rest here.

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The Great Reset a/k/a New World Order

 

Just to define terms, David Risselada explains and puts into historical context “The Great Reset” at thelibertyloft. Here’s his opening.

After nineteen months of continuous propaganda concerning the COVID-19 pandemic, most Americans have now heard the term The Great Reset. For some, these words ring a bell as it is apparent to them the entire agenda revolves around installing the dreaded New World Order. For others, the phrase conjures up images of the whacked-out conspiracy theorist who would refer to the latter as a deplorable in a MAGA hat.

In terms of the Draconian measures taken to stop a disease where ninety-eight percent of those infected survive, a move to a global totalitarian system is clearly underway. COVID-19, whether it was a real pandemic or a manufactured crisis, presents the perfect opportunity to implement systematic change, and move other stalled agendas forward. It highlights a nation’s strengths and weaknesses in terms of its abilities to handle a global disaster, and where global governance failed and needs revision.

To brush aside the term The Great Reset as some crazy conspiracy is to ignore the fact that the preceding words are from the man who first brought it into public consciousness, Klaus Schwab. Head of the World Economic Forum, Schwab certainly knows what the global agenda is, and in his own words, tells us that COVID-19 is the perfect crisis that world leaders cannot let go to waste. In this series of articles, I will analyze these words in an attempt to bring an understanding of what the Great Reset is, and what we can expect in the coming years. The one thing I can say for sure is The Great Reset is not a conspiracy. It is out there in the open for anyone who chooses to see it.

The rest of his article, “Part One: Initial Review,” provides some chapter-and-verse.  Click here.

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