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US Government Promises To Forgive Student Debt... If You Work For Them
Submitted by Simon Black via Sovereign Man blog,
He had a vision for what the state could be.
His vision was a state that was intricately involved in every person’s life from cradle to the grave.
It was responsible for their education, it was their place of work and source of income, and it would monitor and guide the entertainment for all of the society.
Life would be characterized by the government provision of care and support throughout. People would grow to rely upon the state in every aspect of their lives, and they would have no reason to seek out alternatives.
Eventually people would become dependent on the state’s survival for their survival. Thus their lives would then be dedicated to the ‘greater good’, with the individual existing simply for the state.
This terrifying vision of a dystopian society could only be the construct of an author like George Orwell or Ayn Rand, right? Something you would only see elaborated on the pages of fiction.
In fact, this was the vision of Otto von Bismarck, Chancellor of Imperial Germany in the 19th century.
And this wasn’t just a dream. It was a strategy.
From government healthcare at birth to education in a government school, followed by a career in civil service, and a government pension in old age, the state was with you from beginning to end.
One of the most important stages in the life-long relationship between the state and the individual in Bismarck’s mind was through employment.
There you were directly working to support the government’s aims (for the greater good of course), while at the same time being wholly dependent on them for your survival.
This was the cornerstone of his plan for the strength of the empire—having a populace entirely dependent on (and thus committed to) the state.
“My idea was to bribe the working classes, or shall I say, to win them over, to regard the state as a social institution existing for their sake and interested in their welfare,” Bismarck explained.
You can be sure that Bismarck would approve of modern society.
Today in the Land of the Free, everyone is required to pay into the Social Security system, and over 90% of students go to public schools.
With the passage of the Affordable Care Act, the state is exerting its control over your medical care. And now with a new bill comes the crown jewel of state employment.
Presenting Senate Bill 2726: the Strengthening Forgiveness for Public Servants Act.
If passed, the bill aims to get young people into government employment by promising to forgive their student loan debt.
Could they be any more devious?
First they’ve managed to let inflation absolutely explode, especially when it comes to the cost of university education.
Then they actively encourage students to pay for said education by going deeply into debt, often with government loans funded by the [Chinese] taxpayer.
This created a massive class of young people who are now deeply enslaved by their state debt as they vie for jobs as assistant manager at the Gap.
And now the government has created a way out. Young people need only become public servants. Emphasis on ‘servants’.
Somewhere Otto von Bismarck is smiling.
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Somewhere in hell Fidel Castro is laughing his ass off.
Isn't that the reason we are in such debt to begin with.
Debtscription.
Can't payoff your student loan because of the currency debauchery and asset bubbles we've created? There is a solution. Come work for us and spy on foreign leaders. Change you will bereave in.
Short version of the article: Gotcha! Wecome to the new 'company town'.
You know, maybe it would be better just getting on Welfare and EBT plus working a side job under the table for cash.
just what we need, more government leeches sucking the productive dry.
So the government is going to get the fucktards who majored in Womyn's Studies and Liberal Arts retards who can't find a job in the private sector and put them on the government payroll (taxpayer paid) and forgive their debt (again with taxpayer money). Knowing the propensity for federal agents to be armed they will also hand them guns and a relatively loose RoE (compared to a private citizen).
And we in the private sector get buttfucked via the IRS to pay for all this horseshit.
Russia could steal America's productive by carving out a section of Siberia and allowing second amendment rights coupled with free emigration. They'd pick up several million of the most ambitious and pioneer minded.
The Dependency Class will hold the guns that are pointed at our heads.
Will someone please explain to those students that they should simply wait and wait until they are offered a better deal? You know - When you owe a hundred grand, you have problems, when you owe a trillion or two, the banks have problems.
Whoops! I see two problems:
1. Bailouts - The banks are happy to wait.
2. The students can't wait, the same way that the home-buyers could not wait (and paid bucketloads for over-priced houses).
Damn!
Mark Twain had the same idea in 1886. In "The Gilded Age" one of his characters proposes to buy Siberia from the Czar of Russia
"For generations the Russian government has been sifting, sifting, sifting out anyone with brains, character, and ambition and sending them to Siberia. A despotism has no use for such people. But what material for a republic!"
+1 for an equivalent - see Canadians that live in the north.
Hey Rhino,
It's getting mighty hard for us "Engineer" types too ya know. Try finding a new job, in ANY field.... If I was a girl I'd probably prostitue myself - there's always jobs in that sector.
They do wonderful things with plastic surgery these days.
Just in case the brainwashing was not complete from the gov run schools, we must suck them into the borg hive!!
Gotta keep blowing air into that student loan bubble, bro.
The wheels are coming off this thing.
Massa got me workin' massa got me slavin' - someday massa set me free!
Called this years ago - except I expected it would be for those who signed up for the infantry...
Most astute comment I've read in a long time.
A mind that's weak and a back that's strong" ...
https://www.youtube.com/watch?v=L2tWwHOXMhI
Options for young folks:
1) Working in the private sector, unlikely, even if you do get a job you get paid nothing.
2) Do nothing and live on welfare, crappy choice unless you are a single mom (sorry dudes you are out of luck).
3) Work for the Federal Gubbimint and at least have somthing that resembles a career.
Team America F*&k Yeah!
I'll wager there will be a sign-on bonus (er...extra debt payment) for those enrolling in the armed forces, including the N.S.A.
Probably be extended to signing up for any enforcement agency or the local goon squad (SWAT team, etc.).
"I want you to suck my dick Gary"
Team America fuck yea
'sorry dudes you are out of luck'
White men are persona non grata at federal employment offices.
The Obama asshats put out a notice to only hire women and minorities for federal positions about two or three years ago.
White boys can all go be software engineers, donchaknow.
Hit the nail on the head.
Good corporat jobs only go to kids whose parents are corporate drones.
the middle class kids whose dads are tradesmen shouldnt go to college. corp america doesnt want them.
It's actually "strengthening" an already existing bill:
http://www.blumenthal.senate.gov/newsroom/press/release/blumenthal-unvei...
But, hey, what a great deal to strengthen the economy by "lending" students tens of thousands of dollars courtesy of the taxpayers, and then hiring and giving them great benefits and pensions while forgiving the loans, again at the courtesy of the taxpayers?
Only in the USSA...
This is the Clerisy, taking care of its own.
Got that MBA and all you can do is go......
"YASSAH MASSAH......I WORK FO YA REAL GOOD !! "
The entire educational system world-wide is one giant slave training system, branding and control mechanism. By the time you have a PhD you look like Kunte Kinte on Roots arriving at the farm in chains. And if you step out of line they'll whip you on the post until you submit to serve them as they see fit. If you step out of line enough they pull the plug on your credentials.
The more knowledge you possess the greater potential danger you pose to the status quo. And so the closer the Eye of Horus will be watch you and the tighter the shackles of slavery will bind you.
Anyone that isn't using the knowledge and skills they gained educating themselves to empty their cup and refill it with the knowledge to free themself and the rest of us is only contributing to ensuring the future enslavement of themselves, their progeny and the rest of the planet.
Could any Hell be more horrible than now, and real?
When the True King's murderers are allowed to go free, a thousand magicians arise in the land.
so is a couple of d-crats namely Axlerod and Emmanual.
Get with the times, dude: Somewhere in God's Matrix or the Holodeck, the entity formerly known as "Fidel Castro" is laughing his ass off.
His former body (decomposing biomatter that hosted his memories and thoughts) is no more.
Fidel Castro isn't dead. The report of his death last week was a hoax.
""Strengthening Forgiveness for Public Servants Act""
aka Debt Slavery Forever
No kidding, they got their govt. workers for the near future.
Everytime a student slave is made to be an overlord, a Nazi gets their wings.
So... Black leather wings! How fitting.
Is there another kind befitting a Nazi?
Agreed....but with little blue stars as accents...
once you're on the plantation, you're not getting off...
RE
We kind of all are stuck on the plantation as it is, student debt or not. Even some of the rich motherfuckers...they aren't as "rich" as you or I or even them, think.
And you can bet there will be plenty of whores willing to hang that "For Rent" sign above their asses...
Forgiveness Chart
1) Military Service: $1,000 per year
2) Ebola Worker in Africa: $500 per year
3) DNC Pamplet Distributor: $10 per year
0) Wall St Banking: $100,000 per year forgiven.
@1stepcloser: "once you're on the plantation, you're not getting off..."
You can check out any time you like, but you can never leave.
Another day older and deeper in debt
Saint Peter don't you call me 'cause I can't go
I owe my soul to the company store
-Tennessee Ernie Ford-
Saw this coming a long time ago. Next up will be student debt forgiveness (tax payer bail out) for protecting your country from scary terrorists during WWIII.
"Why shouldn't I work for the N.S.A.? That's a tough one, but I'll take a shot. Say I'm working at N.S.A. Somebody puts a code on my desk, something nobody else can break. Maybe I take a shot at it and maybe I break it. And I'm real happy with myself, 'cause I did my job well. But maybe that code was the location of some rebel army in North Africa or the Middle East. Once they have that location, they bomb the village where the rebels were hiding and fifteen hundred people I never met, never had no problem with, get killed. Now the politicians are sayin', "Oh, send in the Marines to secure the area" 'cause they don't give a shit. It won't be their kid over there, gettin' shot. Just like it wasn't them when their number got called, 'cause they were pullin' a tour in the National Guard. It'll be some kid from Southie takin' shrapnel in the ass. And he comes back to find that the plant he used to work at got exported to the country he just got back from. And the guy who put the shrapnel in his ass got his old job, 'cause he'll work for fifteen cents a day and no bathroom breaks. Meanwhile, he realizes the only reason he was over there in the first place was so we could install a government that would sell us oil at a good price. And, of course, the oil companies used the skirmish over there to scare up domestic oil prices. A cute little ancillary benefit for them, but it ain't helping my buddy at two-fifty a gallon. And they're takin' their sweet time bringin' the oil back, of course, and maybe even took the liberty of hiring an alcoholic skipper who likes to drink martinis and fuckin' play slalom with the icebergs, and it ain't too long 'til he hits one, spills the oil and kills all the sea life in the North Atlantic. So now my buddy's out of work and he can't afford to drive, so he's got to walk to the fuckin' job interviews, which sucks 'cause the shrapnel in his ass is givin' him chronic hemorrhoids. And meanwhile he's starvin', 'cause every time he tries to get a bite to eat, the only blue plate special they're servin' is North Atlantic scrod with Quaker State. So what did I think? I'm holdin' out for somethin' better. I figure fuck it, while I'm at it why not just shoot my buddy, take his job, give it to his sworn enemy, hike up gas prices, bomb a village, club a baby seal, hit the hash pipe and join the National Guard? I could be elected president."
~Will Hunting
GET.OFF.MY.LAWN,
"In a time of universal deceit telling the truth is a revolutionary act." — George Orwell
One of the most telling, intelligent screenplay ever written.
Thanks.
@Dr. E,
"Join for six years and we pay off your unremovable debt and wipe the slate clean" is a phrase that is used frequently by recruiters.
The military has been using debt serfdom as a recruiting tool, and has payed off the student loans of recruits for many years now.
The government has been paying off student loans in various programs for at least 30 years. They range from people who have bachelor's degrees enlisting in the reserves to paying off loans for medical officers. It isn't anything new, just more of the same. Under Public Servant Loan Forgiveness, you have to work for the government for ten years, making all scheduled payments on time to qualify to have the balance forgiven. Under 5 USC 5379, agencies can pay up to $10K per year and a maximum of $60K, all of which is taxable to the borrower, toward repayment of student loans. Under this plan, one has to work for the government for at least three years. If you resign, you have to pay the money back. Private loans are not usually eligible for forgiveness or repayment, just federally-guaranteed loans.
The advice to wait for a better offer is quite sound.
Pretty clever way to restart The Draft , circa 1960s
New rich = anyone with no debt
Forget the whole rich/poor axis. That's not where it's at. The real reason you want to be out of debt is because it gives you more CHOICES. Financial freedom is one pillar of what you might call liberty.
+100 I keep saying this, but nobody is listening. Financial independence is not about making a ton of money whilst racking up debt - its about living within your means with no debt. And not to be one of those who are "3 mortgage payments away from living in a van.....down by the river" (RIP Chris Farley)
Milionaire=solidly middle class
True-est thing i've seen in print all day.
Millionaire = nothing.
Do you know what a million means today? Take your million to the bank, they will invest it for you in a CD @ 2%.
Do you know what 2% of a million is? $20,000 a year.
When you see someone who makes $385 a week do you say "there goes someone with a millionaire's income"?
Because that is what it is.
you guys need to get off the internet and get some fucking perspective. $1MM is 20 years worth of work at $50k a year. not saying that's a lot of money, and i guess it all depends on what you expect, but i know i could easily make do on that. but you must to be some rich fucks in the first place if you think you should be able to just "invest" money and live off others' labor
Better but you are not trying hard enough.
For $100k you can buy between 20 and 100 acres in many states. For another $100k you can design and build a house and barn ( this is generous because you can use the trees on your land and recycled materials to do it for 1/4 of that). Design some permaculture, bring in some animals, drill a well, go off grid and use electrical vehicles - another $100k (again being generous).
Put another $300k into commodities / production equipment. The final $400k split between AU / AG and various currencies. Then live well.
Its true. check my avatar. This is what You can own for $100,000.
@cro_maat
In Arizona you're lucky if you can get an empty one acre desert lot for $100k.
What was that famous phrase of P.T. Barnum?
Yeh, I still see retirees buying reclamed swampland in FL for $250k as well.
Hey it's a free country. /sarc
Clearly, only William Banzai VII can right this wrong!
So you actually wanted to be lead to hell, in a hand basket.
So you actually wanted to be lead to hell, in a hand basket.
Somehwere in Havannh Castro is yelling, "Brothers!"
VSF
I hear an add locally on the radio that says something like this: "Are you a government employee, healthcare worker, etc. etc. than you may be able to have your entire student loan forgiven. Just call......". I heard it for the first time probably a year ago.
I forget all of the vocations that fit into the add but the first time I heard it I could not believe it.
John 3:16
http://ih0.redbubble.net/image.11676790.1118/flat,550x550,075,f.u2.jpg
"the bill aims to get young people into government employment by promising to forgive their student loan debt"
here, take this mop & bucket ... and go clean that ebola vomit up
So the Tax payer is forgiving their debt. Seems like that would be unlawful. Come work for the govt. and we will pay your mortgage. What is the diiference? Did not know it was that hard to get applicants for good paying, full benefit govt. jobs.
FFFUUUCKKK YYYEEEAAAAA
More goobermint employeeeeeeees!
hahahahahahahaha
Make 'em all ditch diggerz. Puleeeeze.
Nah, they'll all be Diversity Directors at the EEOC. Regulators at the EPA. Deputies at DHS and HHS. They'll come up with a thousand pages of conflicting regulations every month for anyone in the private sector still trying to dig a ditch.
(insert Useless Liberal Arts) Degree = Apparatchik in training.
Fucking awesome...
Where do I sign up for my ball and chain, and striped pajamas...?
"if passed"
sponsor(s)? ... imagine some Ds
no way no how passes thru House ... anyway, not much happening till election ... and if Rs win senate?
can i haz another billionaire post?
Not so sure about that. It's an easy thing to vote for, helps the big children, solves /sarc a known problem, doesn't involve hot issues, doesn't really have a cost because it is an opportunity to service the debt, doesn't further alienate the big voting children, gets the big fucking children out of my house because they finally get a real job. Teach your children well.
Bill is actually 2826. http://thomas.loc.gov/cgi-bin/query/D?c113:1:./temp/~c113VdsR8j::
Sponsored by dems Warren and Blumenthal. Allows up to 30% foregivness if you work 10 years or longer.
Fate the Magnificent
"Push the Button Max"
Going to be plenty of health care openings real soon. Front line staff has got to be scared shitless.
A referral reward system exists in most financial pyriamids. The more people you help indebt, the smaller your own debt will be.
Debt slaves to do their work of keeping their machine running.
Why ask why, right?
--------------------------------------------------------------------------
There appears to be a curious difficulty about exercising reflective thought upon the actual nature of an institution into which one was born and one’s ancestors were born. One accepts it as one does the atmosphere; one’s practical adjustments to it are made by a kind of reflex. One seldom thinks about the air until one notices some change, favourable or unfavourable, and then one’s thought about it is special; one thinks about purer air, lighter air, heavier air, not about air. So it is with certain human institutions. We know that they exist, that they affect us in various ways, but we do not ask how they came to exist, or what their original intention was, or what primary function it is that they are actually fulfilling; and when they affect us so unfavourably that we rebel against them, we contemplate substituting nothing beyond some modification or variant of the same institution. Thus colonial America, oppressed by the monarchical State, brings in the republican State; Germany gives up the republican State for the Hitlerian State; Russia exchanges the monocratic State for the collectivist State; Italy exchanges the constitutionalist State for the “totalitarian” State.
It is interesting to observe that in the year 1935 the average individual’s incurious attitude towards the phenomenon of the State is precisely what his attitude was towards the phenomenon of the Church in the year, say, 1500. The State was then a very weak institution; the Church was very strong. The individual was born into the Church, as his ancestors had been for generations, in precisely the formal, documented fashion in which he is now born into the State. He was taxed for the Church’s support, as he now is for the State’s support. He was supposed to accept the official theory and doctrine of the Church, to conform to its discipline, and in a general way to do as it told him; again, precisely the sanctions that the State now lays upon him. If he were reluctant or recalcitrant, the Church made a satisfactory amount of trouble for him, as the State now does. Notwithstanding all this, it does not appear to have occurred to the Church-citizen of that day, any more than it occurs to the State-citizen of the present, to ask what sort of institution it was that claimed his allegiance. There it was; he accepted its own account of itself, took it as it stood, and at its own valuation. Even when he revolted, fifty years later, he merely exchanged one form or mode of the Church for another, the Roman for the Calvinist, Lutheran, Zuinglian, or what not; again, quite as the modern State-citizen exchanges one mode of the State for another. He did not examine the institution itself, nor does the State-citizen today.
...
It appears to me that with the depletion of individual (replaced the word social) power (thanks to honestann for this much better wording which almost made me toss this book before finishing it, LOL) going on at the rate it is, the State-citizen should look very closely into the essential nature of the institution that is bringing it about. He should ask himself whether he has a theory of the State, and if so, whether he can assure himself that history supports it. He will not find this a matter that can be settled off-hand; it needs a good deal of investigation, and a stiff exercise of reflective thought. He should ask, in the first place, how the State originated, and why; it must have come about somehow, and for some purpose. This seems an extremely easy question to answer, but he will not find it so. Then he should ask what it is that history exhibits continuously as the State’s primary function. Then, whether he finds that “the State” and “government” are strictly synonymous terms; he uses them as such, but are they? Are there any invariable characteristic marks that differentiate the institution of government from the institution of the State? Then finally he should decide whether, by the testimony of history, the State is to be regarded as, in essence, an individual (replaced the word social) or an anti-individual (replaced the word social) institution?
It is pretty clear now that if the Church-citizen of 1500 had put his mind on questions as fundamental as these, his civilization might have had a much easier and pleasanter course to run; and the State-citizen of today may profit by his experience.
- Excerpt from Albert Jay Nock's "Our Enemy, The State" (1935)
Young people are just easier to trick. Once burnt twice shy. Fool me twice, won't get fooled again.
This is just awesome.
Clickity, click, click, that's the sound of debt being created on a computer. We "sell" this debt to dumb ass millennials. Zero's and ones and more zero's and more ones...clickity click click.. By all means make it non deferrable...
ummmm
except when Uncle Sham wants you to work for him...
Then we make the millennials work for "nothing" just zero's and ones.
Pure
Fucking
Genius.
Just sign on the dotted line youngsterz!
Step right up.
Not a huge fan of Alex Jones but I gotta give MAD PROPS to him for coining the name "Prison Planet"
Ayup.
Loving it too. Anything to keep the debt bubble expanding. What will they think of next...
If you're dumb enough to get a student loan, then you deserve to work as a slave for Chalky and his ilk. Useful idiots as worker bees. Exit question; "When do you stupid fucks wake up and realize you are viewed as expendable assets?"
www.traderzoo.mobi
While I agree that debt forgiveness for working for the Gov is highly disturbing... How does one pay for a degree (license to a decent carreer) without loans? I mean unless you've got quite wealthy and generous parents.
Getting a student loan per-se is not dumb, it's strategic. The dumb ones are those who get student loans to pay for a liberal arts degree and then try to pay the debt off with their barista dead-end job.
In the end, I'm sure a lot of young people will be like: No debt-forgiveness = fuck you I ain't working for your pension and medical costs. Governent job or not. Bullish underground economy.
There are many alternatives to high priced college degrees: online degrees, apprenticeships, starting your own company, etc.
I would bet that if an enterprising 18 year old pitched an established firm in the field he wants to work in a 10 year worker's agreement in exchange for training and college tuition that there are many firms who would sign him up.
I would also bet that 5 to 10 years from now over 50 % of the colleges in the USSA will have closed their doors.
And do what... sell pottery on a street corner? "I will conjugate your vowels for food"! What skills are "dumb ones" learning that will enable them to compete in the black market? Their only choice is to be a slave to the government or starve. If you can't get a degree in Math, real science, or engineering; then you have two choices, get a menial job now and work your way up or get a degree in WHATEEVEER and be a debt slave for life.
I'm all for the underground economy. As for debt forgiveness, since the student debt cannot be discharged in BK, the really smart thing to do is payoff those loans with credit cards and default on those later. Give it 2 yrs of min pmts and save up the 2K for the BK lawyer. Hopefully you haven't racked so much on it that you can't get other loans to wash it out.
This isn't a lot different than Army recruiting bonuses & guaranteed money for college. But I suppose a lot of people have caught on that it wasn't as much of a low risk job as it had been for some time. I know there had been a practice of paying for a person's med school if they committed to an "under-served" community for 4-5 yrs. Not a bad deal really. I imagine the real issue will be that there are not nearly enought gummint jobs for all the unemployed folks with student debt.
If they were serious about student debt, there would have to be actual rules in place, i.e. you have to keep a minimum GPA, you have to provide proof of enrollment, a certain # of credits per year completed, $$ only for tuition and books. Maybe bonus of free/cheap housing if you go into a major that is desperately needed (sorry lesbian basket weavers).
"When do you stupid fucks wake up and realize you are only meat". Fixed it for you.
I assume they won't get a pension.
You can check out anytime you like, but you may never leave... (Music plays in background)
You're going to work for Uncle Sammy? Whats your job going to be, little Suzy? Cum bucket?! Does your mother know about this? They told you not to tell her?
Scary. Roman Empire redux. Conquer nations, then allow them to govern under the watchful eye. Temple prostitution. indentured servitude. Ruling elite. It was a republic, they say.
If you guys would just get out there and buy more stuff it wouldn't have to come to this...
I gave you a thumbs up, but if you really consider it, this idea of yours will only buy a few more weeks of propaganda. Everyone is debt strapped.
Total and complete slavery.
This also goes well with:
Congressman Rangel Calls for War Tax, Draft; Why Not Bomb the Entire Muslim World? Draft Worse Than Slaveryhttp://globaleconomicanalysis.blogspot.com/2014/10/congressman-rangel-calls-for-war-tax.html
I'm assuming Rangel went off on this crap because he thought that if we had a draft, it'd be so unpopular that we'd stop going to war. "Sorry Charlie". Congressman? The gentlemen from Halliburton want to speak with you...
Is it a big step for the government or your boss in this case to require then that you vote ahem a certain way as well? Maybe turn in your family member who does not toe the line on his taxes. This amounts to a bribe and at the same time makes you not only a government dependent but a particular party dependent. This is one sick country.
Does the term "indentured servant" ring a bell? It only means slavery for a set time period, so it's not real slavery (/sarc). Now we wait, and bide our time. When there are enough slaves pulling on the chains, they break, and revolution follows, or so I wish. Ahhhh, yes, in the memorable words of one of our greatest socialist leader...
There is nothing to fear but fear itself! (and a billion rounds of hollow-point ammo from DHS).
I wonder? Am I turning into one of those cownfounded conspiracy theorists? Tell me it ain't so!
Focus, dude.
Yeh, not only will they employ the unemployable and the dumbest of the dumb, they will pay them premium wages and great benefits too. Then for the cherry on top they'll stick you, the private sector ith the tab.
When will people say enough is enough and fuck that town up bigtime?
I'm waiting for the most recent boogey-man to do it...Korosham, Koroshan, whatever!
Work for us or go directly to debtors prison. You are free to choose. Of course, we are free to not hire you on any grounds we see fit...
Who would have thought pole dancer and prositution would become a respectible carreer (in comparison) Ha!
Been done . Remember the late , unlamented USSR ?
"We pretend to work , and they pretend to pay us"
And eventually eveyone in egalitarian fashion qualifies for the Darwin Award
Yo, Dude! That is exactly what the Chinese engineer told me in Shanghai. I can relate!
It is discrimination.
Imagine the horror if govt was prohibited from paying people based on educational credentials and instead was forced to pay based on productivity.
Yeah, like we don't have enough "Public Servants" already.
Those students are now going to have to compete for those jobs with millions of hispanic refugees who will have racial priority and no education on their side.
If this flies, the government will soon be dictating to students what their careers are going to be when they enter college.
Due to competition for coveted slots government will eventually have to mandate early "testing" at age 5 so the poor little tykes don't waste their time dreaming about being doctors when ditch diggers are needed.
Just like the old Soviet Union!
So
Denninger points out that the forgiven balance is taxable.
Arghh, and people are serious when they say this too! Nevermind that its still all charged to the non government public.
I saw Denninger say that on Greg Hunter. It used to be (maybe still is) called COD income and was taxable. That would be Cancellation of Debt. IRS looks at it as if you received the benefit of whatever you purchased on your defaulted credit card. That is income. I agree. "W" suspended this concept for a while claiiming that bankruptcy should be just that - a clean slate.
One wonders if what you purchased had no value (eg a college degree) and you hence received no/negative benefit, whether that should be taxable. Personally I think one should get a credit for being smart and be taxed for being stoooopid. Good for the gene pool that way.
Welcome to THE FUTURETM
By invitation only
disgusting
Q: Hey! What about health care professionals and teachers?
A: No. They don't work for zog, I mean the federal government.
Yet
Arbeit macht debt-frei
Well. No different than making illegals join military to become citizens.
Make illegals kill their way into citizenship. Smart.
This Government Workfare will not pay off the Student Loan.
I haven't read the documentation but I'm pretty sure it will say the Debt is retired and not paid off until it times out.
This is non-dischargable.
The loans will be parked until either the Student pays it off, the time limit is reached (eg. 30 yrs or 60yo) or the Student expires.
The debt expands the money supply to pay the current interest on the money we have borrowed from ourselves.
That is how Debt Based Money works.
CIA already does this as does other certain agencies. Loan repayment is standard practice for offers in the DI and NCS (im sure it extends to almost all roles though).
As I said before-
"Join for six years and we pay off your unremovable debt and wipe the slate clean" is a phrase that is used frequently by recruiters. The military has been using debt serfdom as a recruiting tool, and has payed off the student loans of recruits for many years now.
going to need endless personnel in the ebola sanitation crews, in america, and overseas.
maybe you could get assinged to the unarmed riot control squad, for that first wave of pc correct contact.
Otto's great, great grandson liked the smack and taking it up the **&&^^%$$. Helped two people die before their time. Had lots of $$$$$. Funny what that socialism does for you. I am sure he was an honorary Kennedy.
Bismarck grandson dies after 'heroin overdose'By David Sapsted
12:01AM BST 04 Jul 2007
Count Gottfried von Bismarck, the German aristocrat whose hedonistic lifestyle led to the deaths of two people, has been found dead, apparently from a heroin overdose.
The body of the 44-year-old great-great grandson of the "Iron Chancellor" was found on the floor of his £5 million flat in Chelsea on Monday afternoon after ambulancemen were called. Last August, Anthony Casey, 41, who was at a gay sex orgy, fell 60ft to his death from the roof terrace of the flat after taking cocaine.
Twenty years earlier, after a party at Bismarck's rooms when he was a student at Christ Church, Oxford, Olivia Channon, 22, the daughter of the millionaire Tory minister Paul Channon, was found dead from a heroin overdose.
Miss Channon had been celebrating the end of her exams and von Bismarck was later fined £80 for possessing drugs, although he denied that he knew Miss Channon had been taking heroin at his party.
During the trial, it was claimed that the death of Miss Channon had cast a "shadow over the head of von Bismarck, probably for the rest of his life". Von Bismarck later said that he had never been able to escape the scandal, even being accused years later in Germany of bringing disgrace on his family.
Public servants? These days that's almost quaint. Federal jobs have better pay, benefits, retirement and job security. Private jobs are now mostly part time, minimum wage, no benefits, at will serfdom. So to throw on debt forgiveness for the money you squandered on spring break in Cancunis over the top.
Easy way to change that...make em all debt slaves.
“My idea was to bribe the working classes, or shall I say, to win them over, to regard the state as a social institution existing for their sake and interested in their welfare,” Bismarck explained.
This is not bribing; this is taking taxpayer money and giving it to non producers to stay in the government. These non producers aren’t going to be great citizens and move the country forward.
It is an insult to Bismarck to suggest that his program would be in any way related to the American welfare state.
According to William Harbutt Dawson, “Despite being labeled ‘socialist’ by his opponents, Otto von Bismarck’s social legislation sought to preserve the existing economic order and state in Germany. This was in stark contrast to socialists who sought to subvert the power of the existing state and eventually replace the capitalist order with a socialist economy.” (Wikipedia)
In short, Bismarck was no socialist and his object in the measures taken between 1884 and 1889 were meant to appease the working classes and detract support for socialism and the Social Democratic Party of Germany following earlier attempts to achieve the same objective through Bismarck’s anti-socialist laws.
It was Bismarck who made Germany a powerhouse; quite a contrast with the progressives, socialists and communists attempting to defile America’s free-enterprise capitalist system and subject it to the barbarism of Bolshevism.
+1, JR. further, most of what the author is "quoting" from Prince Otto is completely invented. to put it differently, the author is not quoting Prince Otto, he is quoting old propaganda against him and his reforms
yes, he created a pension and medical insurance system which is still in use, in most of Europe
no, it is not what in the UK is known as NHS, and it is not what in the US is known as ObamaCare
and from his perspective, he did it to preempt socialism. it was a conservative package of measures, not a liberal one and not a socialist one
what Bismark created is now 131 years old. think about that. two world wars, one hyperinflation, and it's still there, and comes back, and back
perhaps you ought to have a serious look in it?
its called "indentured labor"
The asian sex trade uses the same principle in hiring talent
Sit back, relax, look busy for 20 years, get 40% over market wages, retire with tax-free pension. Only problem is, you need to have a friend or relative already working there to get you in the door -- that's how government works. Ahh, the good life on the backs of the lowly serfs. Hail to King Gov.
The sloppily written article exaggerates this bad bill, which merely modifies existing law. Yeah, it's bad, but in no sense is it meaningfully new - now they give partial forgiveness for partial service.
Here are some links on the bill which is actually
S. 2826, The Strengthening Forgiveness for Public Servants Act (NOT 2726)S. 2826 would amend the Higher Education Act of 1965 to provide for a percentage of student loan forgiveness for public service employment. https://washingtonwatch.com/bills/show/113_SN_2826.html
http://www.blumenthal.senate.gov/newsroom/press/release/blumenthal-unvei...
It's 2826!