Financial boon awaits AOC and other 'Squad' members if Biden cancels student debt
(www.washingtonexaminer.com)
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In the realm of "conflicts of interest," this is literally nothing in comparison.
Worrying about pennies ($1.5M total between all of congress, that actually affects something like 20% of the population) when there are Trillions and Trillions of dollars made off of conflicts of interest, or even the Billions made by congress (see Pelosi's latest "investment"), is ludicrous.
Cancelation of student debt will never happen. Even thought they are referred to a Federal Student Loans, they are only backed up by, or co-signed by the federal government. Since the loans are backed by the government, if the government orders the lenders to forgive the debt, the lenders will be able to sue the federal government for the balance owed. I have a small student loan, about 5K, and it's held by Great Lakes Borrowers. Legally, only the entity that holds the debt can forgive it. Ask anyone who is making payments on a student loan who they send their payments to, it's not to the federal government.
Every election year they pull out this dirty trick and the morons fall for it every single time. It’s been going on since Obama and nothing ever happens. Dumb
So what happens to all of those that aren't getting paid back? Is it just, tough darts Farmer?
How did you make a code block?
You have your post in a block. It has a gray background and a fixed width font. That is called a "code block."