B-Man Posted February 6, 2015 Share Posted February 6, 2015 Politico: The College Loan Bombshell Hidden in the Budget: Obama’s new repayment program comes with a record $22 billion shortfall. “In obscure data tables buried deep in its 2016 budget proposal, the Obama administration revealed this week that its student loan program had a $21.8 billion shortfall last year, apparently the largest ever recorded for any government credit program.” This is why I advise students not to count on Income-Based Repayment or similar programs being around when they graduate. . Link to comment Share on other sites More sharing options...
Tiberius Posted February 6, 2015 Share Posted February 6, 2015 This is why I advise students not to count on Income-Based Repayment or similar programs being around when they graduate. . You advising anyone on anything is humorous. Do you send them links and cartoon via email? Link to comment Share on other sites More sharing options...
DC Tom Posted February 6, 2015 Share Posted February 6, 2015 You advising anyone on anything is humorous. Do you send them links and cartoon via email? Okay, that was pretty good. Link to comment Share on other sites More sharing options...
Chef Jim Posted February 6, 2015 Share Posted February 6, 2015 You advising anyone on anything is humorous. Do you send them links and cartoon via email? Every now and then even a squirrel............ Oh speaking of squirrels I'm still waiting on how buying a $100 bond magically turns into $200. Link to comment Share on other sites More sharing options...
IDBillzFan Posted February 6, 2015 Share Posted February 6, 2015 Every now and then even a squirrel............ Oh speaking of squirrels I'm still waiting on how buying a $100 bond magically turns into $200. First he has to explain how balancing the federal budget hurts the economy. I'll go make the...well, you know... Link to comment Share on other sites More sharing options...
DC Tom Posted February 6, 2015 Share Posted February 6, 2015 First he has to explain how balancing the federal budget hurts the economy. I'll go make the...well, you know... Corn futures are up today... Link to comment Share on other sites More sharing options...
IDBillzFan Posted February 6, 2015 Share Posted February 6, 2015 Corn futures are up today... And Leon's getting larger. Link to comment Share on other sites More sharing options...
Tiberius Posted February 6, 2015 Share Posted February 6, 2015 Every now and then even a squirrel............ Oh speaking of squirrels I'm still waiting on how buying a $100 bond magically turns into $200. What part of my previous explanation, chewed, swallowed and digested by the board, do I need to repeat? First he has to explain how balancing the federal budget hurts the economy. I'll go make the...well, you know... If you cut federal spending, and raised taxes to cover the difference, it would hurt consumer spending, which is a huge part of the economy. Ronald Reagan's budget deficits helped economic growth. All that extra spending and tax cuts boosted the economy, all while doubling the national debt Link to comment Share on other sites More sharing options...
IDBillzFan Posted February 6, 2015 Share Posted February 6, 2015 What part of my previous explanation, chewed, swallowed and digested by the board, do I need to repeat? If you cut federal spending, and raised taxes to cover the difference, it would hurt consumer spending, which is a huge part of the economy. Ronald Reagan's budget deficits helped economic growth. All that extra spending and tax cuts boosted the economy, all while doubling the national debt Oh, you want to cut spending AND raise taxes? I'm sure that plan would work well at the discretion of a bunch of toads who think lower gas prices is the right time for a new gas tax. Why not just cut spending? Coburn's Wastebook had $30B without even blinking. We could cut billions more by just canceling tens of thousands of useless projects, sell off properties, and cut sole-sourced contracts. We could save millions just by addressing government credit card fraud. There is plenty of money available to balance the budget without raising taxes on a single person. But a nutsucker like you couldn't imagine doing anything that didn't include raising taxes. Link to comment Share on other sites More sharing options...
Chef Jim Posted February 6, 2015 Share Posted February 6, 2015 What part of my previous explanation, chewed, swallowed and digested by the board, do I need to repeat? The one where you explain how when I buy a $100 government bond I the government has $100 and I have $100. That one. Link to comment Share on other sites More sharing options...
Nanker Posted February 6, 2015 Author Share Posted February 6, 2015 Every now and then even a squirrel............ Oh speaking of squirrels I'm still waiting on how buying a $100 bond magically turns into $200. Easy. It's got a front side and a backside. See, it says $100 on both sides. [/gatard lodgik] Link to comment Share on other sites More sharing options...
DC Tom Posted February 6, 2015 Share Posted February 6, 2015 What part of my previous explanation, chewed, swallowed and digested by the board, do I need to repeat? If you cut federal spending, and raised taxes to cover the difference, it would hurt consumer spending, which is a huge part of the economy. Ronald Reagan's budget deficits helped economic growth. All that extra spending and tax cuts boosted the economy, all while doubling the national debt Wait...tax cuts and budget deficits are a good thing? So now you support Bush's economic policies? Link to comment Share on other sites More sharing options...
Wacka Posted February 6, 2015 Share Posted February 6, 2015 I want the popcorn concession for the PPP! Link to comment Share on other sites More sharing options...
Chef Jim Posted February 6, 2015 Share Posted February 6, 2015 I want the popcorn concession for the PPP! You take that. I've got the whiskey and valium. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted February 6, 2015 Share Posted February 6, 2015 You take that. I've got the whiskey and valium. You take that. I've got the bricks and Molotovs. Link to comment Share on other sites More sharing options...
IDBillzFan Posted February 7, 2015 Share Posted February 7, 2015 Wait...tax cuts and budget deficits are a good thing? No, according to gatorman, they're not a good thing UNLESS you simultaneously raise taxes to offset the cuts, which he insists would be bad for the economy, and that's why you should never balance the federal budget. Link to comment Share on other sites More sharing options...
Chef Jim Posted February 7, 2015 Share Posted February 7, 2015 You take that. I've got the bricks and Molotovs. Ok but i suggest we segregate our customers. I know for a fact after whiskey and Valium mine are so going to want to buy from you and that's jusf a bad combo. Or as we call it here in Oakland....Saturday night. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted February 7, 2015 Share Posted February 7, 2015 Ok but i suggest we segregate our customers. I know for a fact after whiskey and Valium mine are so going to want to buy from you and that's jusf a bad combo. Or as we call it here in Oakland....Saturday night.Or, I could compensate you for referrals resulting in sales. Link to comment Share on other sites More sharing options...
Chef Jim Posted February 7, 2015 Share Posted February 7, 2015 Or, I could compensate you for referrals resulting in sales. Actually you don't have to compensate me for the referral. Let me do some life insurance on them. I can get you your life license and put you on the policies and your get a cut on the comp there. And I make a killing investing the DB proceeds. It's a win win win win kind of thing. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted February 7, 2015 Share Posted February 7, 2015 (edited) Actually you don't have to compensate me for the referral. Let me do some life insurance on them. I can get you your life license and put you on the policies and your get a cut on the comp there. And I make a killing investing the DB proceeds. It's a win win win win kind of thing.I had my life and health licenses years ago. Shouldn't take much to get them reinstated. Edited February 7, 2015 by TakeYouToTasker Link to comment Share on other sites More sharing options...
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