Comments by "whyamimrpink78" (@whyamimrpink78) on "" video.

  1. This is the correct ruling. To forgive student debt requires an act of congress. It can't come from the president. Push aside all the inconsistencies and unfairness of the debt forgiveness and look at the fact that a president can't do this.
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  2. Ok, so let me get this straight. Someone who cannot pay back their student loan will be able to pay back a home loan?
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  3.  @buckiesmalls  the money is not paid for. And people will notice with massive inflation.
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  4.  @buckiesmalls  ok, so no counter argument.
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  5.  @j0j0dartiste21  I have imagined that. That will lead to inflation. That will not increase the number of goods and services. Just like we are seeing now with democrats massive spending.
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  6.  @DemonDante1000  what laws? Name them and explain. The president does not have this power. Congress has the power.
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  7.  @buckiesmalls  I have a PhD and an MBA. I realized college was an investment. Also, I finished college recently in the summer of 2021. I understood the risk and investment and I am paying it off now while also paying of my car loan (about to pay it all off) and living in a nice apartment as I have no desire to own a home. But if I want to I can buy a home as well.
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  8.  @EscapingMidnight24  I have an MBA as well. Yes, the people do set the value of our currency in the end. My example of selling my car is legit. Think about what money does. In the end with money we cannot eat it, we cannot drink it, we really cannot do much with money. So why have it? Well, money solves two problems The two problems money solves are the double incidence of wants and the retention of value. For example, with my job I offer training for the instruments my company sales. Training does not feed you, does not put a roof over you head, it just gives you the ability to run our instruments. However, in the end you pay money to get that and I get money that I can use to buy food to eat and live. Now who places value of that money? Us, the people. My landlord decides how much my rent is. The restaurant I eat at decides how much their food cost. Now there is a lot to it in how much they charge, but in the end of the day the people set the standard of our currency. I understand economics is difficult which is why liberals have a hard time understanding it as they run on emotions.....but please read what I write. You will learn some things.
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  9.  @FrozEnbyWolf150  the value of college is in the investment. If you get rid of the investment part of college employers will no longer value it.
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  10.  @knavishknight  how did I lie? You clearly never went to college nor applied for a job.
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  11.  @MonicaG_  I do listen to them which is why I am so critical of them. In this case the left is incorrect. The president does not have the authority to do this. As Nancy Pelosi said, any student loan forgiveness requires an act of congress. The president is not to have this much power, especially in how our nation is finance.
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  12.  @DemonDante1000  what laws? Please list them. I doubt you know what is in the law.
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  13.  @mrtekbunny  where am I wrong? This involves spending which Congress has the power of.
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  14.  @mrtekbunny  again, how am I wrong?
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  15.  @ryanwilliams7407  pretty much.
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  16. Explain please
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  17. @Rae Tavia you are correct, an act of congress is needed to forgive student loans. The president can't.
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  18.  @itsajahthing  the bank bailouts were by the Federal Reserve which is quasi government. Auto bailouts was approved by congress. That is the big part here, congress controls the purse, not the president. To forgive student loans congress has to do it.
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  19.  @patchwurk6652  I ask "what do you mean" as I need details. Also, it is to challenge you in if you really know what you are talking about. Also, how do I lie? Please explain? You simply saying that I lie with zero details means you have nothing. Also, how do I piss you off? It seems like you don't like you firmly held, religious like beliefs challenged.
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  20. Last thing you want.
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  21. He could not do that. Just like the vaccine mandate, the courts would have intervene and stopped it.
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  22.  @DemonDante1000  it would have been grounds for impeachment. Also, for spending like this it will not get approved quickly. Or even with comparison to the vaccine mandate, it was not enforced by the government because the courts had to approve. How do I "embarass" myself? What does that mean?
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  23.  @DemonDante1000  also, people would have to sign up. How else would you know how is qualified?
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  24. That came through congress and from the beginning the agreement was that it will be forgiven if it was spent on employees' wages.
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  25.  @juansalgado6212  if they pocketed the funds they had to pay it back.
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  26.  @juansalgado6212  also, government forced those businesses to close, no one forced those people to take out student loans.
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  27.  @juansalgado6212  again, if they just pocketed the money they would have to pay it back. Also, many parts of the economy was not shut down. A small business was but not big ones like Walmart.
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  28.  @juansalgado6212  no, they did. From Pandemic Oversight "If borrowers use at least 60% of the loan to cover payroll within 8 or 24 weeks after receiving the loan, they can submit an application to have the loan forgiven. Our data shows that approximately 97% of PPP loans were used for payrolls" As is, around 92% were either fully forgiven or partially forgiven. So not 100%, and of those that were, only part of it was.
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  29.  @juansalgado6212  how did I prove your point? Again, 97% of the loans were used for wages. And a good portion did not get it paid back.
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  30.  @juansalgado6212  a lot weren't. And based on the fact that 97% were used on wages and less than 92% of it were forgiven goes against your point.
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  31.  @juansalgado6212  yes, I told you that. And 97% of them were used on wages. You keep ignoring that. Why? 97% were spent on wages where less than 92% were paid back. Hmmmm......
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  32.  @juansalgado6212  yes, around 92% were forgiven when 97% of the funds were spent on wages. And I say around 92% as some were partially paid, not fully. Your claim was that people just pocketed the loans when 97% were spend on wages and less, than than were paid back. You seem to struggle with this, so answer this, what is higher? 97 or 92?
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  33.  @juansalgado6212  you don't understand. The agreement at the beginning was that if the money was spent on wages the loans would be forgiven.
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  34.  @juansalgado6212  again, 97% of the loans went to wages but a lower percentage of that were forgiven.
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  35.  @juansalgado6212  please explain.
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  36.  @juansalgado6212  I did. You said many pocketed it where 97% of it went to wages. And a lower percent of that was paid back. That is the opposite of what you said.
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  37.  @juansalgado6212  ok, watch the bouncing ball here. You said many pocketed the loans when 97% went to wages. You said that those who pocketed the loans had them forgiven. That is now true as less than 92% of the loans were forgiven. 92% is less than 97%. So again, what you are saying, that most pocketed the loans and had the forgiven is false. In fact, many paid their employees and still had to pay back the loans.
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  38.  @juansalgado6212  and 97% went to wages where you said people pocketed the money. Also, less than 92% were forgiven. Again, 02% is less than 97%. Less money were forgiven than what went to wages.
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  39.  @juansalgado6212  ok, this is you " “spent on employees wages” while countless business closed once received and many fired employees and simply pocketed the funds." You wrote that directly. 97% went to employees. That means only 3%, at most, pocketed it. Also, less than 92% was forgiven meaning over 8% was paid back. So more people paid back the loan than pocketed it which goes against your point.
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  40.  @juansalgado6212  it is true.
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  41.  @juansalgado6212  what sources? I am the only one here giving the hard numbers. You provided nothing.
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  42.  @juansalgado6212  I have looked at the sources. Again, 97% of the loans were used on wages. Less than that were forgiven.
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  43. This is not making policy from the bench.
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  44.  @Debbio2222  Trump never filed for bankruptcy once, businesses he owned did which is common for someone in his position. Warren Buffet has had many businesses under him file for bankruptcy.
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  45. It is. The power lies on Congress, not the president.
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  46.  @223Drone  the Hero's Act is from Congress.
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  47.  @gracieb.3054  what I said is correct. For example, I have a student loan. I make around $100,000 a year. Now say if instead of spending money on my loan and managing my budget that way, I am able to spend money on other goods and services, that does not increase the number of goods and services. Now you have millions doing that and we will have inflation.
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  48.  @DemonDante1000  "the student debt relief would benefit everyone because it would allow those who are being crushed by student debt to participate in the economy." How? They are participating in the economy by making purchases and paying rent. If you bring up the ideas of buying a home or starting a business, if they cannot pay off a student loan, they will not be able to pay off of home or business loan. In fact, many banks will red flag them as high risk making their credit bad.
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  49.  @FrozEnbyWolf150  you see, you start out with insults as you have nothing. I received my PhD from an accredited university. I worked hard for it and investment my time and thus I ended up with a high paying job. "Student loan debt is artificial number, as the money is only owed to the federal government, which sets the value of its own currency and routinely uses this power to allocate spending."' That is 100% not true. If it is artificial then the money the universities received from the students paying them with that loan was artificial. "If the government were to simply fund higher education across the board to begin with, as other countries do, then this wouldn't even be an issue in the first place. " The value of college is that it is an investment. It is you showing employers you are willing to invest time and money to accomplish a long term goal. Most of what you learn in college you can learn on your own. In fact, in college you do a lot of self learning. It is you doing study groups, finding time to study. "Student debt relief is no different from an economic stimulus bill, tax cuts, or an investment in infrastructure." Which all caused inflation (besides the tax cuts). "If people no longer owed this money to the government, they could buy homes and raise families." So people who cannot pay off their college loans will be able to pay off a home loan and afford a family? What is your point on a bridge?
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  50.  @FrozEnbyWolf150  "The government already bases the value of currency on goods and services" No we don't. Us, the people set the value of currency. Think of it on a small scale. Say I have a car that you wanted. Say you offer me $5000 for it where I value the car at $10,000. What I am doing, overall, is feeling the value of currency is 1/2 of what you value it.
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  51. @Cygnus X-1 uh, the Ukraine spending is causing inflation as well and many oppose it.
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  52.  @buckiesmalls  uh, I am in my 30s. And I am paying off my loans. I work as a scientist. I live in TX so cost of living is low. Also, I support tech schools and feel more people should go after that.
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  53.  @buckiesmalls  here is the issue. It appears that you want to find out who I am, track me down and do harm to me. Yes, I am a scientist. I have a PhD in physical chemistry. I have a nice job and just paid for a $55, after a $10 tip, dinner at a restaurant at a beach in FL as I am on a trip right now. It was a nice fish, well seasoned.
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  54.  @buckiesmalls  ok criminal. I see what you are. You are scared of the fact that a successful person is out there in life is not an extreme liberal and you want to take me down. I know better, that is why I am not going to tell you the details of my life. The reason is because you cannot give me any counter arguments but instead smear me.
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  55.  @EscapingMidnight24  " So maybe take your unrelated degree and sit down and listen to some economic podcasts in silence for bit because you're making yourself look foolish." Ironic, I do. I suggest you do the same thing.
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  56.  @j0j0dartiste21  if you think you need government to educate you after 12 grade you are a lost cause. Education is on your, the individual. Most you learn in college you can learn on your own.
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  57. No one decides to get cancer, people decided to pull out a loan.
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  58. He can't. Only congress can do that.
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  59. He can't. This lies on congress.
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  60. It will actually cause the economy to inflate.
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  61. No it won't. Many people oppose this, including me with a student loan. If you have a college degree and can't pay back your student loan that is a problem of you.
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