Posted on 04/01/2021 4:28:42 PM PDT by artichokegrower
He might be able to if a court can be convinced that the contracts were made under fraudulent circumstances.
Took my son years but he did it...
Im prouder now that he did...
Hopefully the Supreme Court. If Trump couldn’t manage to spend a MEASLY (in comparison) $5B to finish the border wall, then there’s no way Biden could retire one of the biggest debt bubbles in the country’s history.
Bidet is out of it. He hasn't a clue what's going on. Jill is running the show, and don't think she will let Harris take control until Jill has had her fair share of spoils for living with this train-wreck of a family for decades. It's payback time, baybee....
But the retinue around the President* sure know what power they wield.
The apparatchiks get calls from their flunky friends to do this or that. It's not clear if they can get Jill to ok it. The idea has to prop up hubby's internals; after all, the longer Sleepy is in charge, the longer she get her spoils.
So the flunky calls Pollutico or some other loser rag to float the idea.
If it gets traction and polls well - and gives Jill more prepared dinners - it gets green-lit.
Otherwise, it dies.
The article is a trial balloon, and nothing more.
I paid cash for both my daughters, now they don’t even talk to me. Anybody who does the “right thing” in this day and age is a dope.
Completely agree about ‘Doctor’ Jill. She’s the Mafia Don of that crime family, not Sleepy Joe.
Along similar lines... Suppose a student gets $50,000 of his student debt forgiven and the IRS considers it income and taxes him at 20% rate. Suddenly he has a $10K tax liability to the IRS plus whatever the state charges for that income. Easily a $13,000 debt due on April 15th!
Thanks, Joe!
I, but he could do something like ‘hire them and pay the loan off’
all four of my kids are about to start college soon... I am going to encourage them to get loans even if they don’t need them under the assumption the government will forgive them :)
FREE MONEY!
I am going to get mine if they are just going to bankrupt us!
There won’t be an America as you know it when your kids graduate.
Even if everything they do goes wrong, they will just blame Trump and the media will help by downplaying and ignoring it.
I’m thinking I saw Schoomer and Liawatha on tv stating that they were also working on getting the tax forgiven on student loan giveaways.
Of course. If those 1099’’s were to hit what a howl there would be.
“He has zero legal power to cancel loan contracts of banks and private individuals.”
And Obummer had zero legal authority to take over GM and throw out the bondholders claims, either.
I’ll take $50,000 for paying my daughter’s college tuition instead of borrowing it.
If he has to ask, he doesn’t have it.
The fact that the treasury is empty may give him pause.
Nah...
When people face the depressing reality that their 401k’s got crushed by a major market selloff (which is surely coming) and see what’s left of their depleted purchasing power thanks to a sharp rise in inflation, they will want to blame someone. And that someone will be whoever is president.
It takes that kind of disaster to wake people up. But there are a number of other disasters that pop up.
When incompetent and reckless people are put in charge of anything there will be a big price to pay for their failure. That’s as predictable as the sun rising.
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