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What is a 'Loan'? To break an agreement is to bring dishonor upon a person. And this dishonor is much more the problem than the dollar amounts attached to the loan
American Thinker ^ | 06/09/2022 | John Horvat II

Posted on 06/09/2022 9:17:58 AM PDT by SeekAndFind

News commentator Matt Walsh has just released a documentary titled “What is a Woman?” He interviews many in the woke establishment, asking for a clear and concise reply to this simple question. The answers are full of academic gobbledygook and politically correct jargon about social constructs and “gender” identity. None of those he interviewed gave him a straightforward answer about what a woman is.

Mr. Walsh should do a follow-up documentary with a different question. Something simpler. Instead of sinking into the impossible quagmire of “gender” ideology, maybe he could deal with something much more practical and urgent: an economic question.

The question would be: What is a loan?

The Urgent Matter of Student Loans

It should not be difficult to get a straight answer since it involves a simple agreement between two consenting parties. Most people should know what a loan is. Americans have abided by the rules for generations.

However, the roaming scholar wandering around governmental and academic offices seeking clarity and definition would probably face a similar Matt Walsh trial. Today, many waffle in their definitions. This especially applies to student loans.

What makes the matter urgent is the $1.75 trillion in student loans now owed by some 46 million Americans (as of April 6, 2022).

Most students found these loans to be the easiest way to secure a degree from which they expected an excellent job. The mechanics of these loans are also relatively simple. It involves money being advanced to a student that must later be paid back with interest. The government has facilitated these transactions for decades.

However, government officials today have forgotten what a student loan is. They are attributing characteristics to these loans that they never had before. Moreover, the administration threatens to forgive student loans by executive order

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: agreement; bloggers; loan

1 posted on 06/09/2022 9:17:58 AM PDT by SeekAndFind
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To: SeekAndFind

And this folks is the result of social justice and grievance politics being taught in our schools.

It is not the loan but the people that have changed. Indeed, many people, especially liberals, have become loan deniers.

The more rabid loan deniers believe that loans are instruments of injustice. They cause people to suffer because they must be paid back. Loans are unfair.

Anyone who does not secure an excellent job after studying four years of anthropology is a victim. Because of the grave injustice suffered, the loan agreement becomes null and void.

Greedy banks, unscrupulous university recruiters or for-profit educational institutions must be made to atone for their sins of avarice.

In this scenario, students are always the victims of injustice, the oppressed, the exploited, and the marginalized. The oppression in the system forced them into signing the loan agreement.

Because of this, they should therefore not be obliged to honor it, especially at their tender age. It is a matter of justice and fundamental human rights.


2 posted on 06/09/2022 9:20:19 AM PDT by SeekAndFind
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To: SeekAndFind

loans for useless degrees, are nothing more than a personal loan wasted...

PAY-UP!!!


3 posted on 06/09/2022 9:37:40 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: SeekAndFind

Hey, I didn’t complain when they suckered me into buying that Mustang II back in ‘74.

I would have liked to have made that deal null and void too. Buck up buckeroo.


4 posted on 06/09/2022 10:35:54 AM PDT by Not_Who_U_Think
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To: SeekAndFind

“What is a ‘Loan’? To break an agreement is to bring dishonor upon a person. And this dishonor is much more the problem than the dollar amounts attached to the loan.”

Mafia thinks so too...much, much more of a problem!


5 posted on 06/09/2022 10:49:40 AM PDT by Bonemaker (invictus maneo)
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To: SeekAndFind

There is no such thing as honor or integrity. People are merely animals and ideas like honesty and forthrightness are simply scams made up to fool people. There is no right or wrong.

And we are reaping the results of decades of this nonsense being promoted as true. We truly are in a criminal civilization now.


6 posted on 06/09/2022 12:30:19 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: SeekAndFind
It should not be difficult to get a straight answer since it involves a simple agreement between two consenting parties.

It's straight forward if both parties are actual people. In that case, both parties have the same level of power and are equal under the law. I think it's let straight forward if one party is the Federal Government. The government can do what it wants, when it wants. If they sue you, you will most likely be crushed. If you sue them, their rescuers are bottomless. They can manipulate the currency, interest rates, etc., etc.

And the same goes for mega corporations and banks, though to a lesser extent. When you do business with a huge bank, you may be a counterparty, but you are also their product.

7 posted on 06/09/2022 1:32:54 PM PDT by Poison Pill
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To: SeekAndFind

Dishonor? Liberals?


8 posted on 06/09/2022 1:35:05 PM PDT by CodeToad (Arm up! They Have!)
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