Did he just say...

wturner

Well-known member
May 21, 2004
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Houston
...forgive student loan debt after 20 years?

Thats good, but dammit, why did I try so hard to pay $10,000 in the first fucking year!!
 

p m

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Apr 19, 2004
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wturner said:
...forgive student loan debt after 20 years?

Thats good, but dammit, why did I try so hard to pay $10,000 in the first fucking year!!
so that you don't feel yourself too comfortable in a give-it-to-me crowd.
 

RBBailey

Well-known member
Jul 26, 2004
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I don't get what the deal is with disagreeing with himself:

I'm trying to figure out what he means when he says we need to lower taxes but that tax cuts were the reason the economy is too bad.

He has, in his first year, spent more than any other president, ever. And NOW he calls for budget constraints?

He calls for a budget freeze, but wants to begin the largest spending program in our history.

I guess this is how he got elected, and this is how he stays in office -- he plays both sides.
 

wturner

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May 21, 2004
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Houston
He compared the spending cut to a family that have to crunch spending, then he said the spending freeze will not start until next year...that got some laughs...then he said "that is how you budget"

That was fucking stupid. That is NOT how families budget "Now Johnny, daddy lost his job last week so next year you are not going to get so many Legos, but until next year I guess you can have Legos" bullshit
 

Eliot

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Feb 4, 2008
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Bozeman, MT
The family comparison isn't a direct analogue because, yeah, you cut spending immediately whereas he's suggesting a budget freeze in FY 2011 which is the early he can do it. It sounds like a terrible idea though because we're still recession territory and we could really do with the short term deficits to pump up the economy.

-

Long term? Will we ever get the budget in order?
 

knewsom

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Jul 10, 2008
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La Mancha, CA
wturner, no, that's not how families budget, but it's how government budgets. A year in advance.

There was a lot of really good stuff in that speech. The proposals regarding limiting what lobbyists can and can't do... the student loan forgiveness and college tax credit (that one was just for you PM!), the ending of government subsidies to banks for student loans, the fees on TARP banks giving out big bonuses, expansion of clean energy, the tax credits for small businesses, and big businesses who keep jobs here in the US, the 2011 spending freeze (which I think sounds scary now, but in 2011 we'll be ready for it)...

...And doubling exports in the next two years! There's a reason we elected an economist to run our country.

Most of this is redirection of funds, in exactly the right direction, and tax cuts/credits that will help businesses grow and flourish without spending. Pretty middle of the road stuff, but bold nonetheless. Bravo. ...just my $.02.
 
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wturner

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May 21, 2004
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Houston
knewsom said:
wturner, no, that's not how families budget, but it's how government budgets. A year in advance.

Yea, so don't compare govt budgeting to families, its apples and oranges. When govt runs out of money, they keep spending. When families run out of money mommy starts sucking dick, daddy punches her teeth out, little Johnny runs away and starts a meth habit, and little Sally starts stripping and snorting coke.

And I don't understand...how do you stop govt subsidies to banks for student loans while making it easier for people to go to college? I ONLY made it through college thanks to student loans...but they were govt loans, not private. Is that the difference?
 

RBBailey

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Jul 26, 2004
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knewsom said:
Most of this is redirection of funds, in exactly the right direction, and tax cuts/credits that will help businesses grow and flourish without spending. Pretty middle of the road stuff, but bold nonetheless. Bravo. ...just my $.02.

I just don't think you see how double standard this is. For YEARS the Dems have been telling us we need to raise taxes to fix the budget. The only reason people are cheering it now is because Obama is saying it.

Just like his "Race to the Top" education thing. Merit pay for teachers. Not one teacher I know or have heard of would go near that with a 10 foot pole. Many teachers I know were literally spitting in fury when Bush floated this idea -- Obama says it, and the NEA jumps right on the band wagon, and half the teachers I know are just like, "Eh, so what?" Some of them are even going along with it now.

So, yes, I agree, tax cuts are what we need -- it's what we on the right have always, consistently, always said!
 

MarkP

Well-known member
Apr 23, 2004
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Colorado
The only thing you need to know about Obama and speeches is .....

.... he never follows through or does what he says.


Remember last year on lobbyist? What really happened?

Obama administration lobbyist count increases
By: Timothy P. Carney
Examiner Columnist
February 20, 2009


I didn't watch the SOTU because for Obama it is all just words about 'I', with no follow through. Predictable.

Entertaining to see Justice Alito call Obama a liar. The beginning of a trend during his speeches?

Edit add:

Legal analysis: Alito was right, Obama was wrong
NYT

h/t hotair.com
 
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MarkP

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Apr 23, 2004
6,672
0
Colorado
Well at least some of the younger generation are paying attention:

TOTUS strikes again

As I watched the State of the Union as a 10th grader with a slight flu, I decided that while listening I should keep a tally of how many times POTUS uses TOTUS. I came up with the conservative number of 845 times. I was blown away by how many times my parents and I were moved to scream at the TV. Please if you have a different number of times that BO had to look at his teleprompter post it.​


Too bad someone can't hack TOTUS after the beginning of the speech. Would Obama notice?
 

Jake

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Apr 20, 2004
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Oklahoma City, OK
knewsom said:
wturner, no, that's not how families budget, but it's how government budgets. A year in advance.

There was a lot of really good stuff in that speech. The proposals regarding limiting what lobbyists can and can't do... the student loan forgiveness and college tax credit (that one was just for you PM!), the ending of government subsidies to banks for student loans, the fees on TARP banks giving out big bonuses, expansion of clean energy, the tax credits for small businesses, and big businesses who keep jobs here in the US, the 2011 spending freeze (which I think sounds scary now, but in 2011 we'll be ready for it)...

...And doubling exports in the next two years! There's a reason we elected an economist to run our country.

Most of this is redirection of funds, in exactly the right direction, and tax cuts/credits that will help businesses grow and flourish without spending. Pretty middle of the road stuff, but bold nonetheless. Bravo. ...just my $.02.


Drink the kool aide Knewsom, take another swig.....:banghead:
 

robertf

Well-known member
Jan 22, 2006
4,799
366
-
wturner said:
...forgive student loan debt after 20 years?

Thats good, but dammit, why did I try so hard to pay $10,000 in the first fucking year!!


yea!!! more people wasting time and money on worthless degrees without any consequences!!!
 

knewsom

Well-known member
Jul 10, 2008
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La Mancha, CA
OP, to put things in perspective, $10,000 at 5% interest, for 20 years, is.... $10,000. Paying it the first year was smart any way you look at it.
 

knewsom

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Jul 10, 2008
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La Mancha, CA
wturner said:
Yea, so don't compare govt budgeting to families, its apples and oranges. When govt runs out of money, they keep spending. When families run out of money mommy starts sucking dick, daddy punches her teeth out, little Johnny runs away and starts a meth habit, and little Sally starts stripping and snorting coke.

And I don't understand...how do you stop govt subsidies to banks for student loans while making it easier for people to go to college? I ONLY made it through college thanks to student loans...but they were govt loans, not private. Is that the difference?

Increasing grants will help put a lot more people through college without student loans. He also proposed revitalizing community colleges, which is a great idea.

As for what families do when the money runs out... remember that there's a reason for unemployment benefits, disability, and yes, even welfare. That keeps mommy from sucking dick, daddy from punching her teeth out, and little Johnny running away to start a meth habit. Little Sally's gonna strip and snort coke when she turns 18 anyways, so there's no need to worry about that. :p
 

Eric N.

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Apr 20, 2004
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0
Falls Church, VA
wturner said:
...forgive student loan debt after 20 years?

Thats good, but dammit, why did I try so hard to pay $10,000 in the first fucking year!!


No, no, no... You're looking at it the wrong way.. You should be happy that you got a student loan in the first place so that you could go. Most people won't be that lucky if this happens. Think about it. Who's going to give out loans to people with little to no credit when they can walk away from it after 20 years? Banks, uncle sam, who? No one, that's who and if they did the interest rate would be sky high making it even harder to pay back. Even more so since uncle sam isn't going to bail them out again like they did for the home loan mess. So with less people going to college the schools will raise their tuition rates (which in most cases they do every year anyways) to make up for the lack of students, making it even more difficult to pay for. Unless your parents are nice and saved lots of money for you or they mortgage the house. Provided the house is worth enough to even cover the cost of 4-5 years of school. So where's that going to leave all the kids fresh out of high school who can't afford college, can't get a loan, and can't get a good job since they don't have a degree? Job at the local CVS or Shell station working the register in the mini mart. Nope, all the grown ups out of work already took those jobs. So what are they going to do? Some can go into the Armed Forces but, I'm sure with all the people trying to get in they will pick the "cream of the crop" and the rest will get turned away. So what do they do? Turn to crime, sponge of mom and dad, bullet to the head, what? I don't think that telling people they can walk away from a loan is going to help any one. If anything it will make it harder right off the bat for all people.

Unless of course this is all part of a master plan to get huge amounts of people to work for 50 cents an hour and live in tent cities while fixing the "infrastructure" that he's all ways talking about. Kind of like slave labor.
 

knewsom

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Jul 10, 2008
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La Mancha, CA
Eric N. said:
No, no, no... You're looking at it the wrong way.. You should be happy that you got a student loan in the first place so that you could go. Most people won't be that lucky if this happens. Think about it. Who's going to give out loans to people with little to no credit when they can walk away from it after 20 years? Banks, uncle sam, who? No one, that's who and if they did the interest rate would be sky high making it even harder to pay back. Even more so since uncle sam isn't going to bail them out again like they did for the home loan mess. So with less people going to college the schools will raise their tuition rates (which in most cases they do every year anyways) to make up for the lack of students, making it even more difficult to pay for. Unless your parents are nice and saved lots of money for you or they mortgage the house. Provided the house is worth enough to even cover the cost of 4-5 years of school. So where's that going to leave all the kids fresh out of high school who can't afford college, can't get a loan, and can't get a good job since they don't have a degree? Job at the local CVS or Shell station working the register in the mini mart. Nope, all the grown ups out of work already took those jobs. So what are they going to do? Some can go into the Armed Forces but, I'm sure with all the people trying to get in they will pick the "cream of the crop" and the rest will get turned away. So what do they do? Turn to crime, sponge of mom and dad, bullet to the head, what? I don't think that telling people they can walk away from a loan is going to help any one. If anything it will make it harder right off the bat for all people.

Unless of course this is all part of a master plan to get huge amounts of people to work for 50 cents an hour and live in tent cities while fixing the "infrastructure" that he's all ways talking about. Kind of like slave labor.

I think there's a difference between federally subsidized student loans and federally guaranteed student loans. There are also a difference between private student loans, and government student loans. This is a complex topic, and I'm quite certain the President has no intention of making student loans unavailable entirely, or so difficult to obtain that it makes going to college nigh on impossible for the middle class.
 

apg

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Dec 28, 2004
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East Virginia
MarkP said:
The only thing you need to know about Obama and speeches is .....

I didn't watch the SOTU because for Obama it is all just words about 'I', with no follow through. Predictable.

Always the penultimate sheeple, eh Mark? Always ready to use someone else's words, thoughts, and comments instead of your own. You know, modern science has a cure for opti-rectitis.

As to Obama's oratorical ability, it is exponentially better than the former occupant of the White House who had the speaking skills of an Elmer Fudd....