2 yr. ago
GOOD DAY & GOD BLESS--MY FELLOW PATRIOTS I AM GLAD TO BE BACK IN THE SADDLE. OUR REPUBLIC IS IN EVEN MORE DANGER NOW SADLY THEN IT WAS A MONTH AGO SINCE MY LAST "YAC". I AM INDEED SAD ABOUT THE TIME THAT HAS BEEN LOST--NO WORRIES LETS GET RIGHT TO IT. THE OBAMA ADMINISTRATION *DECEITFULLY FORCED THROUGH THE *AFFORDABLE CARE ACT, A DESTRUCTIVE PIECE OF LEGISLATION THAT INDEED INCREASED "NATIONAL DEBT" & MADE AMERICA MORE A SOCIALIST STATE. IT PERMITTED THE IRS TO ILLEGALLY TARGET *CONSERVATIVE GROUPS THROUGH *AUDITING, *SEIZING BANK ACCOUNTS, *SURVEILLING & OTHER FORMS OF HARASSMENT. THIS WAS ONE OF MANY WAYS THAT, UNDER OBAMA, FEDERAL INSTITUTIONS WERE *POLITICIZED & *WEAPONIZED. LATER IN THESE YACS THE DETAILS OF HOW THIS DANGEROUS PROCESS WAS PARTICULARLY *EGREGIOUS WITH THE *FEDERAL BUREAU OF INVESTIGATION, THE *CENTRAL INTELLIGENCE AGENCY ALONG WITH OTHER *INTELLIGENCE AGENCIES. PRESIDENT OBAMA USED THESE & OTHER FEDERAL INSTITUTIONS TO SPY ON *AMERICAN SENATORS & REPRESENTATIVES, JOURNALISTS, POLITICAL CAMPAIGNS AS WELL AS MILLIONS OF EVERYDAY AMERICANS. THESE ACTIONS SERIOUSLY ERODED THE RULE OF LAW, UNDERMINED CONSTITUTIONAL PROTECTIONS FOR THE AMERICAN PEOPLE & SADLY "PUSHED" THE COUNTRY DRAMATICALLY TOWARD *TYRANNY AND THIS IS TREASONIST ACTIVITY BY ALL COUNTS AGAINST THE AMERICAN PEOPLE. AND SO WITH "ALL" CONFIDENCE I SAY THAT *BIBLE PROPHECY WILL HELP "ALL" THAT HAS THIER BIBLE AS THERE ""ROCK"" WILL UNDERSTAND!!
2 yr. ago
Even if Biden's proposed one-time loan forgiveness program is ultimately rejected by the Supreme Court -- which will hear arguments in two cases on February 28 -- the new loan repayment plan could offer a benefit that's even more generous for some borrowers.
Many borrowers enrolled in the proposed income-driven repayment plan won't end up paying back the full amount they borrowed, according to a Urban Institute report.
Researchers estimated that 78% of bachelor's degree recipients with a typical amount of student loan debt of $31,000 would end up paying less than the full amount they borrowed over the lifetime of the loans.
For the typical borrower who earned an associate degree, with $13,000 in debt, researchers found that 89% would pay off less than the full amount borrowed.
While the Biden administration estimated that the proposal would cost nearly $138 billion over 10 years, independent researchers at the Penn Wharton Budget Model said it would likely cost much more -- between $333 billion to $361 billion over a decade. Other models estimated the cost to be over $500 billion. (note the "B" for billion!)
This means that millions of hardworking American taxpayers that never attended a college or a university will be paying the tuition of others. Now how fair is that?
Many borrowers enrolled in the proposed income-driven repayment plan won't end up paying back the full amount they borrowed, according to a Urban Institute report.
Researchers estimated that 78% of bachelor's degree recipients with a typical amount of student loan debt of $31,000 would end up paying less than the full amount they borrowed over the lifetime of the loans.
For the typical borrower who earned an associate degree, with $13,000 in debt, researchers found that 89% would pay off less than the full amount borrowed.
While the Biden administration estimated that the proposal would cost nearly $138 billion over 10 years, independent researchers at the Penn Wharton Budget Model said it would likely cost much more -- between $333 billion to $361 billion over a decade. Other models estimated the cost to be over $500 billion. (note the "B" for billion!)
This means that millions of hardworking American taxpayers that never attended a college or a university will be paying the tuition of others. Now how fair is that?
3 yr. ago
https://usdebtclock.org
#debt
The US National Debt has just crossed a new record, a whopping 30 Trillion dollars. Over the last few decades, our leaders have been recklessly spending your tax dollars, without any regard to the consequences of such actions, nor do they really care.
To give you a little perspective on the level of debt we are in ...
In 1980 the US National Debt was under 1 Trillion.
In 1990 the US National Debt was under 3 Trillion.
in 2000 the US National Debt was 5.7 Trillion.
in 2012 the US National Debt was 14.8 Trillion.
In 2022, just 10 years later, we have DOUBLED, our debt to over 30 Trillion.
To make matters even worse, the Biden Administration's agenda wants to pile on trillions more in additional spending.
Funny how the Liberals wrongfully changed the word conservative definition to mean; averse to change or innovation and holding traditional values.
Conservatives are not bad people. There is nothing wrong with traditional values, like men are men, and woman are women. And with the same premise, there is nothing wrong with "conserving" tax dollars, paying our bills on time, getting out of debt, spend within our means, and having a budget. Bring those things up and the liberals go on the attack and pull the race card, scream that we need to accept change, and tell our children we got it all wrong.
We are well on the way of bankrupting this country, and we know who's perverted idea's and values got us here.
Does 30 Trillion in debt worry you? Get the facts at usdebtclock.org
#debt
The US National Debt has just crossed a new record, a whopping 30 Trillion dollars. Over the last few decades, our leaders have been recklessly spending your tax dollars, without any regard to the consequences of such actions, nor do they really care.
To give you a little perspective on the level of debt we are in ...
In 1980 the US National Debt was under 1 Trillion.
In 1990 the US National Debt was under 3 Trillion.
in 2000 the US National Debt was 5.7 Trillion.
in 2012 the US National Debt was 14.8 Trillion.
In 2022, just 10 years later, we have DOUBLED, our debt to over 30 Trillion.
To make matters even worse, the Biden Administration's agenda wants to pile on trillions more in additional spending.
Funny how the Liberals wrongfully changed the word conservative definition to mean; averse to change or innovation and holding traditional values.
Conservatives are not bad people. There is nothing wrong with traditional values, like men are men, and woman are women. And with the same premise, there is nothing wrong with "conserving" tax dollars, paying our bills on time, getting out of debt, spend within our means, and having a budget. Bring those things up and the liberals go on the attack and pull the race card, scream that we need to accept change, and tell our children we got it all wrong.
We are well on the way of bankrupting this country, and we know who's perverted idea's and values got us here.
Does 30 Trillion in debt worry you? Get the facts at usdebtclock.org
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2 yr. ago
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