“If student loan companies are cutting corners or sidestepping the law, this can pose serious risks to individuals and the economy,” the CFPB said.
  • TherouxSonfeir@lemm.ee
    27·
    11 months ago

    The constitution says nothing about paying bills. I think this example of ignorance is the reason why you are blaming Biden. You have no idea what you’re talking about. Biden cannot overrule a Supreme Court decision, and therefore telling them to get fucked would just be words.

    The only people who want us to remain indentured are the Republicans, and the billionaires (usually the same thing).

    Please do not go around telling lies.

    • Garbanzo@lemmy.worldEnglish
      14·
      11 months ago

      Nothing?

      Fourteenth Amendment, Section 4:

      The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

      What the fuck is that then?

      • TherouxSonfeir@lemm.ee
        6·
        11 months ago

        This passage is from the Fourteenth Amendment of the United States Constitution, specifically from Section 4. It addresses the issue of public debt, asserting that the debt of the United States government should be considered valid and unquestionable if it was authorized by law. This includes debts incurred for various governmental obligations, such as paying pensions and bounties related to services for suppressing insurrections or rebellions. This clause was primarily included in response to the debts incurred by the United States during the Civil War. It was meant to ensure that the debts the Union took on to finance its war efforts against the Confederacy would be honored, while simultaneously casting doubt on the legitimacy of the debts incurred by the Confederacy. Essentially, it was a guarantee that the United States would honor its financial obligations and a statement against the financial claims of the Confederacy.

        So, I’m not sure how this has anything to do with student debt, as it doesn’t relate to citizens at all. Or is this one of those Republican things where you interpret text to mean whatever you want it to mean, thump thump.

        • Garbanzo@lemmy.worldEnglish
          16·
          11 months ago

          It has nothing to do with student debt, it’s relevant to the Republicans trying to use not paying existing obligations as a negotiating tactic. The fact that you don’t get that demonstrates you have little to add to this discussion.

          • TherouxSonfeir@lemm.ee
            31·
            11 months ago

            The post is about student debt. I assumed you were talking about the topic of the post. Are you just randomly blabbering?

            Republicans using this to argue against forgiving student debt is ridiculous AS YOU SAID, it has nothing to do with student debt.

            Are you handing me this win?