Loans Have to be Repaid? Who Knew?

 

News that I missed, courtesy of The Babylon Bee:

 

PORTLAND, OR — President Biden has recently announced that he will be canceling $10,000 in student loan debt for all borrowers who cannot pay for loans they were forced into against their will. Local man Anthony Harb has agreed to recount his gut-wrenching and harrowing story of how he was coerced at gunpoint below:

“Look I didn’t have a choice in the matter, okay? Who wants to pay $100,000 to go out of state and have complete freedom at last from my parents to go party every night and get a degree in Mechanical Engineering?” said Anthony Harb. “But they made me do it! Federal agents literally burst down my door and held a loaded gun to my head until I signed and took out a $100,000 loan from them. It was terrible. It was the worst day of my life!”

“I tried to be strong. I tried to say no, but the government agents showed me a video of my parents and sister tied up and begging for their lives. If I didn’t sign my name to that $100,000 dollar loan none of them would be here today,” Anthony continued, holding back tears. “I was just a kid! What was I supposed to do when confronted by such predatory government loans?”

“But now thanks to the most gracious $10k debt cancellation from Joe Biden (may he live forever) I can finally have the freedom to pay my bills and go about my life while only making a meager $124,999 engineering salary!” Anthony added. “And I never even had to cancel my Saturday brunch, or work extra shifts to do it!”

 

Go here to read the rest.

 

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Guy McClung
Admin
Saturday, August 27, AD 2022 6:51am

Biden is “forgiving” loans. Robbing Peter to Pay Paul. In essence he is stealing our money to pay the students who cut class to riot, pillage and burn. Our money pays for Antifa’s PortaPotties. And consider all the students hooking up every other nite like animals in heat, and now, in stealing from us to pay off their loans, we are in effect paying for their ensuing abortions. If the members of the Party Of Death and Stealth do not repent, God will respect and honor their “My will be done,” and they will be alone for all eternity. Their murdered babies will spend eternity blissfully happy with Him. Guy, Texas

Art Deco
Art Deco
Saturday, August 27, AD 2022 7:17am

If I’m not mistaken, Biden (acting as a cats paw of consumer credit providers) was one of the principals in pushing for legislation that added an extra layer of protection in bankruptcy for creditors holding promissory notes derived from student loans. It’s just another example of how Democratic pols see their function, and the corruption and stupidity baked in the cake when they’re just doing what comes naturally.

T.Shaw
T.Shaw
Saturday, August 27, AD 2022 8:42am

They don’t ahve to pay.

There is no justice.

It’s organized brigandage, gaslighting, and it rewards bad behavior: it’s what they do.

And wonder of wonders – they achieve more bad behavior and worse outcomes.

Think Ali Biden and the 40,000,000 thieves and you get the idea.

Rudolph Harrier
Rudolph Harrier
Saturday, August 27, AD 2022 12:44pm

No one was forced to take a PPP loan.

Rudolph Harrier
Rudolph Harrier
Saturday, August 27, AD 2022 1:40pm

I’ve heard similar complaints from people claim to be “forced” into needing a degree to get into their chosen profession, and thus a student loan.

If the purpose of the PPP program was to redress government force being taken against private businesses, it should have consisted of payment with no expectation of repayment, not a loan.

Mary De Voe
Saturday, August 27, AD 2022 8:44pm

“But now thanks to the most gracious $10k debt cancellation from Joe Biden (may he live forever)”
Oh. Joe Biden will live forever. I hope and pray that Joe Biden will live forever in heaven.

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