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GoneFishin

(5,217 posts)
22. I agree 100%. The student loan issue was a carefully planned scam. The victims are
Sun Apr 12, 2015, 12:02 PM
Apr 2015

easy targets because they are often unengaged politically and likely have no political or financial influence. Affluent college students won't need a college loan, so there is little risk of pissing off anyone "important".

Which paves the way for the for-profit schools (and others) to charge these less-than-savvy young people exorbitant prices for often worthless certificates. Since they often will have no assets at that age, bankruptcy may be a sensible choice. Except ....

And thus the need for Wall Street to trap them permanently into a POS over-priced loan.

Recommendations

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He KNOWS. They were both educating the rest of us. merrily Apr 2015 #1
With pleasure! RiverLover Apr 2015 #4
You are correct, of course. Enthusiast Apr 2015 #6
John AND Colbert AND Samantha Bee AND Jason Jones AND John Oliver, merrily Apr 2015 #11
I watched the nighly show once. It was awful. Just beyond belief bad. JDPriestly Apr 2015 #20
Sen. Warren, please get off your intelligent ass and run for President. ladjf Apr 2015 #2
I don't know, she is certainly making the rounds right now, right before Hillary makes her RiverLover Apr 2015 #3
Seems like she's being coy, a tactic that I don't like. ladjf Apr 2015 #5
If her being coy leads to her entering the race.... daleanime Apr 2015 #7
Me too. GoneFishin Apr 2015 #8
Me three. /nt RiverLover Apr 2015 #10
Me 4 zeemike Apr 2015 #14
I don't know if she's being coy. If she is, that makes her no different from most merrily Apr 2015 #12
I totally would like to see her run. Of course, as we have seen in recent weeks, there are GoneFishin Apr 2015 #9
wtf merrily Apr 2015 #13
Do you not think reigning in the banks would anger some powerful people? GoneFishin Apr 2015 #17
I think that the banks will crash if we don't rrein them in. JDPriestly Apr 2015 #19
I agree 100%. The student loan issue was a carefully planned scam. The victims are GoneFishin Apr 2015 #22
Sen. Warren is more effective right now doing exactly what she is doing! maddiemom Apr 2015 #16
Nonsense. As president, she could appoint the Sec. of Treasury, the Sec. of Commerce JDPriestly Apr 2015 #21
Kick. Best democracy investors can buy. One dollar, one vote. nt raouldukelives Apr 2015 #15
How can we get Elizabeth Warren to run for president? JDPriestly Apr 2015 #18
Latest Discussions»Retired Forums»Elizabeth Warren»Elizabeth Warren explains...»Reply #22