Judge Kavanaugh

[Jim in CT]

Originally Posted by spence

Because you're just wrong.

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.

the university is non profit. warren wasn’t a volunteer. she made a fortune, but claims banks cannot do the same. please explain the difference.
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[spence]

Originally Posted by Jim in CT

the university is non profit. warren wasn’t a volunteer. she made a fortune, but claims banks cannot do the same. please explain the difference.
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Ok Jim. If you're making a large profit and paying employees and then spreading the profits to shareholders...it's not the same thing as paying employees for their work and using the excess to improve the institution and pay for students that can't afford a world class education but who have qualifications that deserve it.

[Jim in CT]

Originally Posted by spence

Ok Jim. If you're making a large profit and paying employees and then spreading the profits to shareholders...it's not the same thing as paying employees for their work and using the excess to improve the institution and pay for students that can't afford a world class education but who have qualifications that deserve it.

oh, it’s the bank shareholders that make it unethical!!! so if it’s a privately owned bank, or some kind of mutual, that would be ok for them to make student loans with interest?

that makes all kinds of sense.
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[spence]

Originally Posted by Jim in CT

oh, it’s the bank shareholders that make it unethical!!! so if it’s a privately owned bank, or some kind of mutual, that would be ok for them to make student loans with interest?

that makes all kinds of sense.
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You're not getting it. Her position was that the government should lend money to students at the same rate it lends it to banks.

[Jim in CT]

Originally Posted by spence

You're not getting it. Her position was that the government should lend money to students at the same rate it lends it to banks.

no sir. her position was that the banks are exploiting the students. naturally she would never sink so low.
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[Pete F.]

Originally Posted by Jim in CT

the university is non profit. warren wasn’t a volunteer. she made a fortune, but claims banks cannot do the same. please explain the difference.
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This is what she has concerns about
How universities, banks and the government turned student debt into America’s next financial black hole
https://www.rollingstone.com/politic...windle-124484/
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[Jim in CT]

Originally Posted by Pete F.

This is what she has concerns about
How universities, banks and the government turned student debt into America’s next financial black hole
https://www.rollingstone.com/politic...windle-124484/
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but she profited by it also. i cannot believe you and spence, i just can’t. and you people claim that trump supporters are hypnotized? its you who can’t, ever, under any circumstances, being yourself to be critical of anyone prominent on. your side. i’m not asking you to say warren is the moral equivalent of trump. just to concede the glaring, obvious, irrefutable hypocrisy on this one issue. and you can’t do it. you aren’t capable of admitting she profited offf of students borrowing money. you just can’t. strange stuff.
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[wdmso]

Originally Posted by Jim in CT

but she profited by it also. i cannot believe you and spence, i just can’t. and you people claim that trump supporters are hypnotized? its you who can’t, ever, under any circumstances, being yourself to be critical of anyone prominent on. your side. i’m not asking you to say warren is the moral equivalent of trump. just to concede the glaring, obvious, irrefutable hypocrisy on this one issue. and you can’t do it. you aren’t capable of admitting she profited offf of students borrowing money. you just can’t. strange stuff.
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Jim

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

[Jim in CT]

Originally Posted by wdmso

Jim

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

ummm, i know an elephant and a mouse arentbthe same just because they eat peanuts. you guys are really slow in the uptake.

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?
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[wdmso]

Originally Posted by Jim in CT

ummm, i know an elephant and a mouse arentbthe same just because they eat peanuts. you guys are really slow in the uptake.

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?
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ever eat a Bad peanut or have a predatory loan both can ruin your day .. never heard the argument that banks couldn't make money

your the only one here not making the distinction between good and bad lenders

[Jim in CT]

Originally Posted by wdmso

ever eat a Bad peanut or have a predatory loan both can ruin your day .. never heard the argument that banks couldn't make money

your the only one here not making the distinction between good and bad lenders

see, once again, you are losing so you move the goalposts. first you said the distinction was between the elephant and the mouse, now you’re saying the distinction is between good and bad peanuts.

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.
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