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To: right way right
Pay up or jail labor force.

Threaten them all you want, people working at Starbucks can't pay back six figure loans.

Giving money to anyone who asks for it is not without consequences.

4 posted on 03/15/2017 10:12:45 AM PDT by Drew68
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To: Drew68

Exactly. This mindset started with the community reinvestment act of 1977, was administered steroids during the Clinton Administration, and spilled over into all aspects of lending including student loans. Loans became ‘guaranteed’ by the federal government, so banks were incentivized to loan as much as they could to anyone who wanted one, they were de-incentivized to practice sound banking practices which could get your bank picketed, labeled racist or sexist, and result in an audit and fines from the Feds.

That’s just frickking great. Sure, conservatives share blame for not stopping it and making money off this, but the lions share of blame goes to liberals.


6 posted on 03/15/2017 10:57:54 AM PDT by rlmorel (President Donald J. Trump ... Making Liberal Heads Explode, 140 Characters at a Time)
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