Tuesday, November 17, 2020

Quick Hits: Volume CCXXXVI

While President-elect Joe Biden, VP-elect Kamala Harris, et al called for "unity" (which is prog speak for "capitulate") among all Americans shortly after Election Day, they were conspicuously silent when Trump supporters were physically accosted over the weekend. 


Mr. Biden finally came around on Monday..... sort of.


"President-elect Biden continues to denounce all acts of violence," Biden spokesperson Andrew Bates said Monday, although he did not name Antifa or Black Lives Matter.

"Likewise, he also condemns the repugnant displays of white supremacy that were made in Washington, DC this weekend," Bates continued, citing a sign displayed at the march that read "Coming for Blacks and Indians first welcome to the New World Order."

Y'see condemning Antifa alone would've flown in the face of Biden's declaration they're just "an idea," so let's thrown in other groups (i.e. white supremacists) who, as my friend Mitch Berg says, have the political clout of your local bowling league.

Gonna be an interesting four years as progs start to realize that the Antifa thugs don't just show their lunacy when a Republican is in the White House. 


- Some long overdue good news on the COVID-19 front. Both Pfizer and Moderna have had successful trials administering their respective vaccines, to the tune of 90%+. 




The mental gymnastics leftists will have to perform in an effort to not praise two of their most mortal enemies (President Trump and the pharmaceutical industry) will be a sight to behold. 


- Yeah, this is a really bad idea.

President-elect Joe Biden’s ability to deliver on his plan to forgive hundreds of billions of dollars in student debt faces steep odds unless Democrats take control of the Senate.

Barring that outcome—which hinges on two Georgia races in January—Democrats have urged a second option: bypassing Congress through executive action. It isn’t clear whether such a move would survive a legal challenge.

During the election campaign, Mr. Biden said he would push to forgive $10,000 in debt for every American with federal student loans to help them cope with the economic disruption caused by the coronavirus pandemic.

He has also called for forgiving any student debt that covered tuition at public colleges for borrowers earning under $125,000, and any student debt owed by those who show they were defrauded by for-profit colleges.

Congressional Democrats sought to forgive $10,000 for all borrowers early this year as part of a broad pandemic-relief bill known as the Cares Act, but the Republican-controlled Senate opposed it. The two parties compromised on a provision to suspend student-debt payments through Sept. 30.

A Senate Republican aide recently said the party continues to oppose Mr. Biden’s debt-forgiveness plans. Senate Republicans have opposed Democratic proposals for large-scale debt forgiveness, which would drive up the record budget deficit without offsetting tax increases or savings.

Leave aside that canceling debt via Executive Order may not even pass legal muster. The people whom this would most benefit are those in the upper middle class and higher, the opposite of whom progs are targeting with this program. Another issue is how those who worked, saved and scrimped to avoid taking on college loan debt (or those who have worked just as diligently to pay it off) have their dedication completely undermined. Those who were disciplined in such matters will see no benefits, rather they'd have to pony up for someone's tuition. The "repayment" of course would come in the form of higher taxes since the government, who personally guaranteed those loans, has to pay them back with our money.

At the end of the day, we need to get the government out of the student loan business altogether. The reason being is universities/colleges will continue to increase tuition at a rate which surpasses inflation because they know they'll ultimately get their money. That and the U.S. government is the anti King Midas in that everything they touch turns to sh*t.

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