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^^^^^^^you do know that opinions can never be wrong, that's why they are called opinions. Dale Carnegie 101 is that your evidence |
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this just in, kavanaugh likes baseball, got into some credit card debt and then paid it off. oh my god, he must be stopped, the fiend
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harvard is a private school, they don’t force anyone to do anything. if students want to choose to borrow 250k to line Warrens pockets, that’s their choice, that has absolutely nothing to do with me. nothing. but when Warren goes on tv and uses her platform as a us senator to tell bankers that it’s wrong for THEM to take money from college students, then we should all call her out for being the hypocrite that she is. she obviously doesn’t believe it’s wrong to profit off of college students seeking an education. you cannot begin to make that wrong, you just can’t. her salary isn’t the issue, it’s the obvious hypocrisy that’s the issue. you can’t see that? tell me why i’m wrong. pointing out that trump is rich isn’t refuting my point. Posted from my iPhone/Mobile device |
Funny you bring up Dershowitz. He is not a Trump fan and didn't vote for him but has also been complimentary of some of Trumps results. This has made him the target of his liberal friends on the Vineyard. The lock step brain dead folks just can't imagine giving credit where it is due.
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Thank you, thank you. As Barry mentioned, before I was a Senator, I was a law professor. What he didn’t say is that I taught contracts, secured transactions, and bankruptcy – all courses related to the functioning of competitive markets. I love markets! Strong, healthy markets are the key to a strong, healthy America. That’s the reason I am here today. Because anyone who loves markets knows that for markets to work, there has to be competition. But today, in America, competition is dying. Consolidation and concentration are on the rise in sector after sector. Concentration threatens our markets, threatens our economy, and threatens our democracy. Evidence of the problem is everywhere. Just look at banking. For years, banks have been in a feeding frenzy, swallowing up smaller competitors to become more powerful and, eventually, too big to fail.1 The combination of their size, their risky practices, and the hands-off policies of their regulators created a perfect storm, resulting in the worst financial crisis in 80 years. We know that excessive size and interconnectedness promotes risky behavior that can take down our economy – and yet, today, eight years after that financial crisis, three out of the four biggest banks in America are even bigger than they were before the crisis and two months ago five were designated by both the Fed and the FDIC as “too big to fail.” 2 The concentration problem—and particularly the idea of “too big to fail” in the financial sector—gets a lot of attention. But the problem isn’t unique to the financial sector. It’s hiding in plain sight all across the American economy. You can read the whole thing https://www.warren.senate.gov/files/...ust_Speech.pdf |
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First off universities are non-profit organizations. Second, Harvard has an endowment of 38 billion dollars, about 1/2 of their students don't even pay much if any tuition. 400k for an esteemed professor of her stature at one of the top schools in the world isn't in any way out of line. If you'd bother to actually read what Warren was professing you'd see she's argued the government should underwrite student loans at a rate similar to what the banks get to borrow for to minimize profit either by private lenders or government profit. It may not be a silver bullet to solve the cost of higher education but it's in no way hypocritical at all. |
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If the first paragraph of you statement is true, why does it cost north of 50 k for a year at Harvard? Why are so many people scrambling to save for or take out loans for secondary education? Do you think it one for a professor to make 400k for a year and a half of teaching, then complain when she is done professing that college is too expensive, and then blaming it on banks? The universities set the price of tuition not banks, if people want to go to school that bad and can't afford it they get loans. Just like everything else that's costs money in the world, no one is forcing you to buy a house or that new truck and finance it, it is your decision. If you don't like the loan terms you shop around |
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Harvard actually has less students graduating with debt than just about another elite university. |
Perhaps Senator Warrens misdeeds are things like this
https://studentloans.net/rubio-and-w...oan-borrowers/ https://www.marketwatch.com/story/st...ing-2018-07-11 https://www.washingtonpost.com/news/...=.5e9788ea029c https://www.insidehighered.com/news/...dget-agreement https://www.nytimes.com/2018/05/09/u...reau-cfpb.html And the best for last, but it's not Sen. Warren https://www.rollingstone.com/politic...windle-124484/ |
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I saw a few of his interviews ,, its been said before there are idiots on both sides problem is they get all the news coverage |
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that makes all kinds of sense. Posted from my iPhone/Mobile device |
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How universities, banks and the government turned student debt into America’s next financial black hole https://www.rollingstone.com/politic...windle-124484/ Posted from my iPhone/Mobile device |
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A Elephant and a Mouse are not the same Just because they both eat peanuts .. but thats what you are trying to get people to admit with warren and predatory lending ... using your logic the lunch lady the janitor or any one who has a job at any college or university in the country profited off of students borrowing money. even though they have no control over policy |
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the mouse and the elephant are different. very different. but if both eat peanuts, neither one has the moral standing to lecture the other about why it’s evil to eat peanuts. do you honestly not agree with that? seriously? Posted from my iPhone/Mobile device |
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your the only one here not making the distinction between good and bad lenders |
Predatory loan..... good one.
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was warren only calling out the “predatory” lenders, and encouraging people to use the ethical lenders? that’s not how i recall it. she went after banks for exploiting students and driving up the cost of tuition. you cannot win this, i have all the cards, you have a pair of 4s. she’s the textbook definition of a shameless hypocrite. and i pray she runs for potus in 2020. Posted from my iPhone/Mobile device |
Yikes when we are debating the differences between an elephant and a mouse, I think we have lost focus.
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The predatory issue she has was with shady colleges working to attract students but failing to deliver an education. Previously the government would forgive these loans if the complaint was qualified...under Trump this has pretty much ceased. Holding all the cards doesn't mean much if you're at the craps table just FYI :rotf2: |
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Which colleges would use as an excuse to pay unionized professors more, to jack up tuition more. If you want to lower the cost of tuition, a good start would be to not have professors getting paid 400k a year to teach one class. I see Warren isn't advocating for that, gee I wonder why... "Holding all the cards doesn't mean much if you're at the craps table " That's true in theory. But when I look at what the GOP is holding right now - the Oval Office, both chambers of congress, and a large majority of state governorships and legislatures...when I see all that, I'm pretty confident that I'm not the one who wandered moronically into the wrong table. Have fun making that wrong. |
Jim
How much do you think a person who is very accomplished in their field should earn? Is their value somehow less if they educate others? Is it worthwhile for us as a society to invest in higher education? My answers are the market will determine that No Yes Posted from my iPhone/Mobile device |
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