Funny events in anti-woke world

Agema

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So this is legit good news if it goes through, but I don't want to make a thread for it
Sort of...

I just have to query why loans are being cancelled for people who have been to college but not people who haven't, when the latter on average are poorer and have worse job prospects.

I suspect a lot of it that the votes gain is more valuable.
 
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Hades

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The usual suspects are(or claim to be) obsessed with the idea that everyone they don't like is out to sexually harass their children. The usual suspects also conspired to make it legal for teachers to spank children. And as we know spanking is considered by plenty of people to be a sexual fetish.

I wouldn't surprised if this policy gets abused by people that get off on it.

 

Agema

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The usual suspects are(or claim to be) obsessed with the idea that everyone they don't like is out to sexually harass their children. The usual suspects also conspired to make it legal for teachers to spank children. And as we know spanking is considered by plenty of people to be a sexual fetish.
I am fascinated that some people think the way to make children behave in more civilised fashion is to teach them that violence and pain solve problems.
 
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thebobmaster

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"It's pretty obvious" and "encoded in law" typically have, at best, a nodding relationship.
In fact, I believe it's flat-out said that anything not explicitly stated in a law can be assumed to not be part of it. As in, if this law doesn't specifically say "you only have to/can only display one in each building", it's not safe to assume otherwise.
 

The Rogue Wolf

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I am fascinated that some people think the way to make children behave in more civilised fashion is to teach them that violence and pain solves problems.
There is a (probably apocryphal) story about an assistant producer for Star Trek: Deep Space Nine who fielded a call from an irate parent who claimed that seeing two female characters kiss on the show was "messing up" their kids. The producer asked if the women killing each other would be more acceptable, to which the response was "yes".

"I don't think we're the ones messing up your kids," replied the producer, before hanging up.
 

BrawlMan

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"I don't think we're the ones messing up your kids," replied the producer, before hanging up.
Pwned!

The producer asked if the women killing each other would be more acceptable, to which the response was "yes".
Sounds like the woman question has her own insecurities, projecting them on to her kids, is a closet lesbian or bi, or gets off on the violence. Sucks to be the know-nothing-know-it-all biatch.
 
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Dalisclock

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There is a (probably apocryphal) story about an assistant producer for Star Trek: Deep Space Nine who fielded a call from an irate parent who claimed that seeing two female characters kiss on the show was "messing up" their kids. The producer asked if the women killing each other would be more acceptable, to which the response was "yes".

"I don't think we're the ones messing up your kids," replied the producer, before hanging up.
"But what if they're having really rough kissing? Would that be acceptable to you?"
 
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TheMysteriousGX

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Sort of...

I just have to query why loans are being cancelled for people who have been to college but not people who haven't, when the latter on average are poorer and have worse job prospects.

I suspect a lot of it that the votes gain is more valuable.
I mean, in this specific instance it's because the executive branch has control of the Department of Education, which is who grants and administers these specific loans. If all your loans were private lenders, you wouldn't be included.

Like, the president can't decide to cancel someone's credit card debt unless it was a government owned and run credit card from an agency the president runs
 

Agema

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I mean, in this specific instance it's because the executive branch has control of the Department of Education, which is who grants and administers these specific loans. If all your loans were private lenders, you wouldn't be included.

Like, the president can't decide to cancel someone's credit card debt unless it was a government owned and run credit card from an agency the president runs
Yes, I appreciate that. The president could not effectively cancel other debt, because that would require a law that Congress would not pass. So this is the best that can be done within the powers available. It is certainly "better than nothing".

Nevertheless, the criticism remains that this is not providing the best effect for the most needy. And if it's causing a drain on public funds - some of which may result in more hardship for or less ability to help the poor, then it is even worse. Fine, education is an individual and social good, and everyone should have a shot, and I certainly think it should be well supported by government spending. But also, the more that government pays, the more it is likely to mean that bricklayers and janitors are paying for the main benefit of tomorrow's lawyers and financiers.
 
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Casual Shinji

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TheMysteriousGX

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Yes, I appreciate that. The president could not effectively cancel other debt, because that would require a law that Congress would not pass. So this is the best that can be done within the powers available. It is certainly "better than nothing".

Nevertheless, the criticism remains that this is not providing the best effect for the most needy. And if it's causing a drain on public funds - some of which may result in more hardship for or less ability to help the poor, then it is even worse. Fine, education is an individual and social good, and everyone should have a shot, and I certainly think it should be well supported by government spending. But also, the more that government pays, the more it is likely to mean that bricklayers and janitors are paying for the main benefit of tomorrow's lawyers and financiers.
So what's the alternative?
 

Agema

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So what's the alternative?
Practically, under the circumstances, it's fine.

I just think it's also not invalid to wonder whether and wish something more or better could be done in terms of debt relief in society.
 

TheMysteriousGX

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Practically, under the circumstances, it's fine.

I just think it's also not invalid to wonder whether and wish something more or better could be done in terms of debt relief in society.
Oh, 100%. Credit agencies in general need a cracking down on, if not being metaphorically put against the wall as a profit making industry. The US system being set up in such a way that it incentivises permanent debt is a blight
 

XsjadoBlayde

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The usual suspects are(or claim to be) obsessed with the idea that everyone they don't like is out to sexually harass their children. The usual suspects also conspired to make it legal for teachers to spank children. And as we know spanking is considered by plenty of people to be a sexual fetish.

I wouldn't surprised if this policy gets abused by people that get off on it.

ezgif.com-gif-maker-243.jpg

-

Sometimes truthes gotta be told.

 
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Agema

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Oh, 100%. Credit agencies in general need a cracking down on, if not being metaphorically put against the wall as a profit making industry. The US system being set up in such a way that it incentivises permanent debt is a blight
Yes.

There's a much deeper issue here in economics. Low interest rates favour borrowing, but borrowing is important because it funds innovation: a lot of new ideas don't come from people with the money to invest in starting them, they require loans. Low-interest loans are easier to repay. Low interest loans also encourage spending, and spending is good for the economy too. That's why interest rates increase when the economy is going well (to prevent it "overheating") and decrease when it's going badly, to spur growth.

Sustained low interest rates due to modest growth however have encouraged more debt: part of this I think is that it seems growth is slowing long-term. Back in the 70s, 3-4% annual growth was expected. Now it's maybe 2-2.5% or so. I don't think we can grow our way out of trouble as easily as previous generations could. Low interest rates have been desired to spur growth (similar to Trump's fantasy that tax cuts would create a decade of 4% growth) that may be impossible in truth, and the cost is high debt.

Of course, a major problem with debt is not that it exists per se, it's who's got it. Unequal societies will often increasingly mean poor people with excess debt, and rich people lending it to them (and profiting off repayment).