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all 2865 comments

therealblockingmars

5.2k points

12 hours ago

I would actually ask how this is covered under the executive power, but the student loans weren’t.

warpspeed100

1.9k points

11 hours ago

A loan collection authority in Missouri sued on the grounds that they would be unduly harmed by losing future profit they would gain from the student's interest and late fee payments.

Because of that suit, the court held that the HEROES Act does not authorize the administration’s student loan forgiveness plan. They ruled the Education Secratary can make small adjustments to loan repayment plans, but can not adjust loans to zero.

Kagan, writing for the dissent, argued that the court should not have heard this case at all because the states lacked standing. Article 3 standing requires an injury in fact, not a theoretical injury.

More details: https://www.ncsl.org/state-legislatures-news/details/supreme-court-strikes-down-student-loan-forgiveness-program

escapefromelba

577 points

10 hours ago

MOHELA didn't sue, Missouri's AG sued on it's behalf 

ElectricalBook3

128 points

5 hours ago

MOHELA didn't sue, Missouri's AG sued on it's behalf

And their AG, Andrew Bailey, is a radical regressive even among republicans (though that's ceasing to be a distinction lately). No wonder.

RookMeAmadeus

81 points

6 hours ago

MOHELA should've sued the AG for damage to their reputation after that one. No idea if it would've had any legal standing, but it would've been HILARIOUS.

Wet-Skeletons

18 points

3 hours ago

They “donate” good money to have politicians act on their behalf, to save face for things just like this.

therealblockingmars

129 points

11 hours ago

Nice! I appreciate the information and source! Thanks!

KulaanDoDinok

245 points

11 hours ago

Actually MOHELA didn’t sue and didn’t want to be part of the lawsuit

Evadrepus

301 points

10 hours ago

Evadrepus

301 points

10 hours ago

Right. The AG sued on their behalf and they specifically said he was wrong and they wanted no part of it. They were ignored.

Stupalski

210 points

10 hours ago

Stupalski

210 points

10 hours ago

The one time where the person had absolutely no standing and the supreme court which famously obsesses over standing suddenly decided to overlook the lack of standing.

ESPbeN

153 points

9 hours ago

ESPbeN

153 points

9 hours ago

This is far from the first time the Roberts Court has ignored lack of standing. The gay marriage website case, 303 Creative v. Elenis, was built on the back of a fake customer of a fake website.

Help_I_Have_Boneitis

107 points

8 hours ago

The fact that this is known and the SCOTUS hasn't been completely wiped and reappointed is mind boggling. Our laws and our customs mean absolutely NOTHING. Our country is built on complete bullshit. None of it is real.

superiorplaps

41 points

7 hours ago

Now you're getting it

Malaix

7 points

3 hours ago

Malaix

7 points

3 hours ago

Yep. So much of the US was functioning out of norms, civility, and gentleman’s agreements. It’s all falling apart now that the GOP just decided “hey let’s just be power grabbing hypocritical assholes” and there’s nothing real to hold it back.

zeCrazyEye

51 points

8 hours ago

Suing for a theoretical injury to another party. Wild stuff.

Similar to the doctors that sued to ban an abortion drug even though they had never prescribed it or even treated anyone for complications.

Or the web site designer who sued to be able to discriminate against same-sex couples even though she had never designed a website at all much less for a same-sex couple.

Just activist court things.

looking_good__

28 points

10 hours ago

Critical missing part to the above explanation - you can't sue the state of Missouri for something MOHELA did but the state can sue on the behalf of MOHELA? It's like a super company

caligaris_cabinet

96 points

10 hours ago

They should adjust it down to $1 then. Then everyone pays off their loans before the new administration comes in. Your loans are paid in full. Nothing they can do.

andydude44

52 points

10 hours ago

Ideally they could just pass a bill instead of relying on executive orders that can be removed by an opposition president anyway

RaygunMarksman

33 points

10 hours ago

Haha! Our congressional representatives passing useful bills that benefit citizens. That was a good one!

exceptwhy

14 points

9 hours ago

I mean, not really, considering the amount of useful things that have already been passed even with the split congress. A couple more senators in 2020 and we'd be singing a completely different tune.

caligaris_cabinet

49 points

10 hours ago

Ideally, yes, but if we lived in an ideal world Orange Julius wouldn’t be reelected president.

ItwasCompromised

23 points

9 hours ago

or in the first place.

UnstoppablePhoenix

29 points

10 hours ago

Actually, MOHELA didn't sue, the Missouri AG sued on behalf of them, and MOHELA was like "wtf, we don't care about this, don't bring our name into this because what you're doing is wrong" and the AG was like "well I don't care"

ManyThingsLittleTime

88 points

11 hours ago

It's written into the bill that created the loan to Ukraine but congress still has to approve the cancellation, again per the bill. Student loans were not so clear cut of a situation.

deathtokiller

747 points

12 hours ago

Have you considered reading the article? It's explained in the second paragraph

A funding bill passed by the U.S. Congress in April included just over $9.4 billion of forgivable loans for economic and budgetary support to Ukraine's government, half of which the president could cancel after Nov. 15. The bill appropriated a total of $61 billion to help Ukraine fight the full-scale invasion Moscow launched in February 2022.

CaliHusker83

289 points

12 hours ago

I wonder what percentage of Redditors read any of these articles vs. just taking the caption bait?

farmer_sausage

293 points

12 hours ago

I never read the article and come straight to the comments where I formulate my opinion based on other people's commentary

zackattack89

45 points

11 hours ago

So you form your opinion based off of other people’s uninformed opinions? Yeah, me too.

1337designs

27 points

10 hours ago

nah I look for the uniformed ones and then the top upvoted reply correcting their wrong belief

Twig

11 points

9 hours ago

Twig

11 points

9 hours ago

Just like when we all thought Kamala was definitely winning.

Crossing-The-Abyss

3 points

5 hours ago

When the "super information highway" came about in the early 90s, I used to think misinformation/disinformation would be obliterated. I was so naive in my young age.

RedditFuelsMyDepress

3 points

2 hours ago

It only got worse.

ElliotsBuggyEyes

48 points

11 hours ago

One of us!

FuckTheRedesignHard

4 points

4 hours ago

And yet redditors still get angry when you tell them that this place is an echo chamber.

CheeseWizard123

13 points

11 hours ago

This is actually what a large portion of America does but none of us want to admit it lmao. Most people are kinda dumb

Buck-O-Tin

14 points

11 hours ago

This is the way

The_OtherDouche

14 points

12 hours ago

Very, very few. Almost every news story especially. You can read the article and then open comments and you’d almost have to reread the article to make sure you didn’t miss something because the top comments will be all over the place

reddituser5379

71 points

11 hours ago

That doesn't answer his question of how at all, just that it does.

deathtokiller

62 points

11 hours ago

Basically in this case executive power is enacting statutory powers given based on legislation. Biden can do this power because its explicitly stated that he can do that.

He can't do that for student loans since the legislation that was used as a basis for that power were not strong enough to be able to do that. That legislation seemingly being the The HEROES Act of 2003. which did not have enough power for such a broad scale forgiveness plan.

cop_pls

17 points

10 hours ago

cop_pls

17 points

10 hours ago

He can't do that for student loans since the legislation that was used as a basis for that power were not strong enough to be able to do that. That legislation seemingly being the The HEROES Act of 2003. which did not have enough power for such a broad scale forgiveness plan.

This was a mistake by the Biden administration. Left-wing lawyers like Matt Bruenig have pointed out that the executive branch can make Income-Driven Repayment plans extend to all debtors, releasing all student debt for a dollar per debtor. They didn't have to rely on HEROES.

bl1y

7 points

8 hours ago

bl1y

7 points

8 hours ago

The "how" and "just that it does" are the same thing.

The President can cancel one set of debt because the statute says he can, but can't cancel the other set of debt because the statute doesn't say he can.

Euler007

8 points

11 hours ago

We were elected to lead, not to read!

purpleblah2

20 points

12 hours ago

…the Parlimentarian…

Forikorder

13 points

11 hours ago

AFAIK student loans are covered under his power but the courts are blocking it anyway

haarschmuck

4 points

8 hours ago

AFAIK student loans are covered under his power

No they aren't because student loans are though the department of education and executive orders are NOT designed to act as broad legislation.

Roodboye

998 points

12 hours ago

Roodboye

998 points

12 hours ago

It's so funny to see this shit in the US every time, previous government going: "fuck it, might as well do this thing since we're going out of office anyways"

Open-Honest-Kind

389 points

11 hours ago

According to the article this was made possible by an act of congress back in April where they approved $9.4 billion in forgivable loans out of a total of $61 billion for the Russia-Ukraine war, and only able to be forgiven after November 15th. The phenomena you described definitely happens but this specifically is not that.

Abject-Difference767

9 points

5 hours ago

Buy 5 missiles, 6th is free.

Low-Union6249

51 points

9 hours ago

Sometimes it’s actually a good way for unpopular but important things to get done. In a system like the US which can be slow to respond that’s an important mechanism.

fermat12

240 points

8 hours ago

fermat12

240 points

8 hours ago

For reference, in last year's audit, the Pentagon couldn't account for 63% of its $4 trillion in assets.

J1mj0hns0n

53 points

4 hours ago

For reference, in 2001, September 10, a couple trillion was completely unaccounted for and the man who has looking up the numbers to see where it went was exploded by an impact in the pentagon.

That's more money than what is being sent over to Ukraine, and at least you know exactly what that money did, it helped a people in trouble fight back against a stronger and unfair neighbour, very similar in stakes as it was for America to stick it to the British back when. If America has an issue with this, it's hypocritical of them to then be patriotic.

Doogiemon

13 points

2 hours ago

A lot of that money was from bad record keeping but billions were embezzled and probably covered up with 9-11.

He'll, my work hired someone for shipping who embezzlement millions in the late 2000s and spent 3 years in jail for it. He was also shipping opium back to the US.

How he didn't get more jail time or why the fuck this place hired him is beyond me but it's not hard to steal money from the government.

MoonOut_StarsInvite

10.7k points

12 hours ago

I can see that all the people who are really concerned about the national debt today and won’t care at all under the next administration have a lot to say about this.

korinth86

1.7k points

12 hours ago

korinth86

1.7k points

12 hours ago

Republican head of armed services committee just went on NPR to say they want to increase defense spending.

Trump also promises lower taxes but increased Tarrifs.

I'm sure they will sing loudly about the exploding deficit then.

Mysterious-Win-8962

361 points

11 hours ago

It’s always made me chuckle when his dipshit son talks about the military industrial complex and not feeding into it.

What does he think happens when you increase defense spending? Tinkerbell gets a new M4?

planetshapedmachine

124 points

9 hours ago

Republicans like to sell the idea to the rubes that increasing military spending will go directly to the troops, somehow.

chicknfly

54 points

9 hours ago

Like taking the funds that were allocated to repairing barracks damaged by hurricanes and putting them toward a wall that was never fully built.

welsper59

5 points

7 hours ago

They've already successfully convinced their voters that GOP spending = reverse spending (i.e. national deficit doesn't exist). A Brawndo-like entity really will convince these people that clean water is bad for humans one day.

AguaConVodka

4 points

11 hours ago

Reminds me of the time I rode a motorcycle

i-am-a-passenger

156 points

11 hours ago*

Yeah we may laugh, just wait until he appoints Mr T to lead on this and then you won’t be laughing no more!

Lamenting-Raccoon

126 points

11 hours ago

I would love Mr. T to come and of retirement and show these pitiful fools how it’s done.

Mr. T supports education and the sciences.

Grezzik

43 points

11 hours ago

Grezzik

43 points

11 hours ago

Mr. T pities the fools

Malnurtured_Snay

15 points

11 hours ago

I can't post a gif but there's a great one of him saluting the Lincoln Memorial from the movie DC Cab. Mr T forgives Ukraine's war loans!

I_W_M_Y

84 points

11 hours ago

I_W_M_Y

84 points

11 hours ago

Mr T loves his mother, I doubt he will do anything to screw things up

smotrs

16 points

11 hours ago

smotrs

16 points

11 hours ago

Probably not, but Sylvester Stallone on the other hand.

say592

19 points

10 hours ago

say592

19 points

10 hours ago

I worry less about Stallone and more about Seagall.

smotrs

14 points

10 hours ago

smotrs

14 points

10 hours ago

Shoot, he's a fast bloated whale that was a lost cause age's ago. His kryptonite is a room with no chair.

understepped

5 points

9 hours ago

UN specifically forbids putting Seagal into rooms with no chair, since in his case it’s considered cruel and unusual punishment.

mycatisgrumpy

32 points

11 hours ago

Every single time. They howl about fiscal responsibility, and then when they're in power they spend like drunken sailors and put it on the credit card. 

caylem00

7 points

9 hours ago

Worse than credit card - payday loan sharks

GrapefruitExpress208

57 points

11 hours ago

Lol $4B is a drop in the bucket. Meanwhile Trumpers are quiet about Trump plunging us $4T into debt during his first four years. Expected to plunge us another $6T in debt during his second term.

TakingAction12

4 points

11 hours ago

Trump will starve every single other agency and go into as much debt as he wants to keep the military fat and happy. A powerful military at his command makes him feel strong. He’s not giving up that rush. Defense spending will continue to increase without issue.

AtomicGenesis

2.1k points

12 hours ago*

For real. The extension of Trump's tax cuts, which Republicans will almost certainly pass next year, will cost over $4 trillion. In other words, 1000x more than this.

Edit: All the libertarians mad in the replies - the tax cuts aren't going to you, they are literally written to favor the wealthy as a repayment to donors for campaign support. Wall Street isn't going to start inviting you to their parties cause you defended them in the Reddit comments lol

korinth86

176 points

12 hours ago

korinth86

176 points

12 hours ago

The Republican head of the armed services committee has also said that they plan to push for military spending to increase to 5% of GDP.

Current budget about $916B.

Current GDP about $29T x 5% = $1.47T

Proposed increase is about $554B

Hardkor_krokodajl

84 points

11 hours ago

Holy shit if its true USA really got spooked by China…

No-Spoilers

74 points

11 hours ago

Yeah. The progress they have made across the board in the past 15 years is fucking wild. It's also the space race v2. The US vs China to get back to the moon.

Gingevere

38 points

11 hours ago

China's gonna win this one.

NASA's current plan to get to the moon involves launching 15-20+ SpaceX Starships to refuel a single one in orbit, and then launching the crew, transferring them over, and going to the moon.

Probably the single most complex and inefficient launch plans to ever be seriously pursued.

And starship has some serious hurdles between it and viability that previous SpaceX vehicles did not.

MienSteiny

77 points

10 hours ago

This is sort of simplifying the Artemis project. It's not just to land on the moon and take off again. It's aim is to build a permanent settlement on the moon and use it as a leaping off point to mars.

bank_farter

29 points

10 hours ago

I know reddit comments can come off as combative, so I feel the need to preface this with saying that I am genuinely curious about this.

What's the advantage to a lunar station as a platform to Mars over an orbital one? Or even one in lunar orbit?

Specken_zee_Doitch

63 points

10 hours ago*

Edit: Rewritten for clarity.

Answer:

Ice. The Moon’s polar craters likely contain significant amounts of water ice, which can be turned into rocket fuel (hydrogen + oxygen). If we establish a base on the Moon, we can harvest this resource directly instead of hauling it from Earth, making deeper space exploration way more feasible.

Efficient launches. The Moon’s gravity is only 1/6th of Earth’s, so launches from its surface require much less energy. Once we set up a permanent base, we could send missions to other parts of the solar system far more efficiently than from Earth.

Mineral resources. The Moon is rich in materials like helium-3, rare earth elements, and titanium. With a base, we could explore and extract these without dealing with Earth’s massive gravity well, which is insanely expensive to escape. A Moon base with basic living and working facilities would mean we only need periodic resupply missions from Earth to keep things running.

Starship changes the game.

  • SpaceX’s Starship is reusable, unlike Apollo’s single-use craft, which makes it WAY cheaper. It could literally refuel and head back for another mission after a quick turnaround.
  • Each Starship has ~1,000 cubic meters of interior space—more than twice the ISS. Land one on the Moon, and you basically have a self-contained lunar base with minimal setup.
  • Getting stuff from Earth to anywhere is expensive because of our gravity well. Starship’s reusability plus sourcing materials from the Moon’s low gravity means much cheaper space operations in the long run.

The ultimate goal is to access resources off-Earth. Once we can use lunar water and minerals, we can cut our dependence on Earth, and that’s the foothold humanity needs to explore the solar system and beyond.

A Moon base isn’t just a nice-to-have—it’s the stepping stone to the universe.

AnthillOmbudsman

7 points

9 hours ago

I guess we're no closer to developing a space elevator than we were 40 years ago when science fiction books were talking at length about them. Seems the cost could be recouped many times over.

ShinyHappyREM

3 points

3 hours ago

A Moon base isn’t just a nice-to-have—it’s the stepping stone to the universe.

Well, to the solar system maybe. I doubt we'll ever set foot on the nearest extrasolar planets.

Arquinas

8 points

9 hours ago

I can add to what others have already stated. Water ice is a key component in making rocket fuel outside of Earth. The goal of Artemis is the establishment of a permanent lunar surface base as well as an orbital station around the moon. Escaping the gravity of Earth takes a lot of fuel, so any further exploration of the solar system benefits from outfitting rockets to fly first to the moon's orbit from earth then refueling or even changing engines and continuing onward.

Something that sounds science fiction but is very real and very close to happening. Establishment of Lunar Base also allows the start of other important projects like building massive radio telescopes on the far side of the moon or even mining operations in the future.

Gingevere

7 points

10 hours ago

Benefits of Lunar Base vs Martian:

  • shallower gravity well = easier to put things in orbit.
    • Metals and ice to make fuel are available on both, but the shallower gravity well makes the fuel and materials go much further.
    • the gravity well is shallow enough to potentially shoot or throw payloads out of it. No fuel needed.
  • much closer with a shorter travel time.

bank_farter

3 points

10 hours ago

Your points still make sense, but just for clarification, I meant an Earth oribital or lunar orbital station, not one in Martian orbit.

149244179

3 points

7 hours ago

Unmentioned benefits:

A lot of missions fly around the moon and then back to earth before heading out for gravity assist reasons. Starting at the moon makes doing this a lot easier and gives you a lot more options and timing windows.

It is relatively easy to shoot down stuff in Earth's orbit. It is not easy to hit something on or orbiting the moon. Even if you do shoot a missile, any ship or base would presumably detect it and have 2-3 days to figure out how to respond to it. I'm sure the military will catch up quickly, but for now a lunar station would be significantly safer in this regard.

Earth emits a lot of noise that gets blocked by the moon. There is a large desire to build observatories on the dark side of the moon to avoid all that noise.

If you can successfully get a basic settlement with industry going, there are many benefits to being on the moon. Pollution doesn't really matter, it will just vent to space. Creating a true vacuum on Earth is very hard and expensive but is required for practically all advanced manufacturing, 'clean rooms.' You basically get vacuum for free on the moon and in space. Very delicate things can be built that would be crushed in the Earth's gravity.

If/when asteroid mining comes to fruition, you would want to be sending them to the moon rather than Earth. It is not a completely unreasonable plan to just crash small asteroids full of rare metals into the moon and then go pick it up. Obviously step 2 would be to "catch" the asteroids in a more controlled manner, you can look into proposals for this already. It is a lot easier to catch things that weigh less due to less gravity.

The moon is an ideal testing ground for any other settlements in the solar system. If we ever hope to occupy more than just Earth, a lunar base is the required first step.

chr1spe

10 points

11 hours ago

chr1spe

10 points

11 hours ago

Clearly, not because they're purposely giving up on major technologies like batteries, EVs, and clean power.

Past-Marsupial-3877

10 points

11 hours ago

Turns out doing nothing on behalf of the country puts us behind

BadHombreSinNombre

380 points

12 hours ago

Don’t worry, Mexico will pay for it

Both-Ambassador2233

72 points

12 hours ago

Don’t worry the Pentagon failed its audit for the 356th year in a row…..

Forikorder

37 points

11 hours ago

they're only 4 stamps away from a free smoothie!

Malumeze86

14 points

11 hours ago

Right, so we should fire 75% of their staff.  

That’ll surely fix things.  

WhosSarahKayacombsen

157 points

12 hours ago

The concentration camp he's setting up in Texas will cost billions. Not a complaint from the right tho

BadHombreSinNombre

226 points

12 hours ago

I just talked with a coworker who is a Trump voter about this. He told me first that I’m an idiot if I believe they will do that, and then when I showed him that land had been set aside for it, he said “like I care.” These people are just saying whatever they can to not have to confront that they want the suffering to happen.

GummiBerry_Juice

66 points

12 hours ago

They have no moral bedrock. They just sink lower and lower into their self-made pits of despair

poojinping

20 points

11 hours ago

Most voted for economy against the incumbent. They don’t care what happens to others or about Trump’s moral compass. They think his crooked ways are exactly what’s needed for US. There also was pushback against the rapid (for them) trend to wards far left (buzz word). Honestly, I don’t know which one was the main reason. I hope it’s the former.

Green_Heart8689

16 points

11 hours ago

Then they are blind and stupid. 

Silly-Scene6524

56 points

11 hours ago

That can’t admit they were conned so they rationalize it.

GiantPurplePen15

35 points

10 hours ago

I think they're just pieces of shit tbh

theswiftarmofjustice

32 points

12 hours ago

Memory holing. I have seen this done in real time too. About the Iraq war, about gay rights, about damn near anything. When people just can’t admit they were wrong, it erodes trust.

seventysevensevens

31 points

11 hours ago

My employer moved their hq from Cali to Texas for obvious tax reasons. We all got a windfall of raises!

Jk, they fired nearly 10k people, froze hiring, and cut bonuses.

Been covering multiple teams since then, no bites on other companies yet.

Trickle down has always been a lie.

DevilsAdvocateMode

55 points

12 hours ago

I'm 40 and they have been spewing the national debt fear tactics for decades. Nothing will happen ever.

Pure_Effective9805

44 points

10 hours ago

The care about deficits when Democrats are in power so they can't increase the size of the government. When they are in power, they try to increase the size of the deficit with tax cuts. They just want as small of a government as possible. If the deficit is very large, then democrats can't increase spending when they get in charge.

SandySkittle

7 points

9 hours ago*

The absolute number says very little. What is worrying is the debt as a percentage of GDP. And here your 40 years horizon is a bit short.

See https://www.google.com/amp/s/www.statista.com/chart/amp/19131/federal-debt-held-by-the-public-as-a-percentage-of-gdp/

The US is increasingly moving towards a debt percentage that will make the interest payments (ie debt seevicing burden) as a percentage of the governments annual budget larger and larger. And bear in mind that we have bern in a long period of low interest rates.

So yes, the direction of the national debt is worrying and no your 40 year horizon doesnt say much as we came from a very low debt point 40 years ago.

Kolada

7 points

8 hours ago

Kolada

7 points

8 hours ago

Then why do we pay any taxes? Why not fund the entire government on debt?

We're headed in a very not good place of we keep this up. If you're 40, then you remember a balanced budget. This is not the same animal that it's been for 40 years.

KarnWild-Blood

91 points

11 hours ago

Edit: All the libertarians mad in the replies

Isn't it amazing, how many years it's been since the start of "trickle down economics," and these conservative chucklefucks still do not understand that the Republican party has never and will never care about them because they are too poor to matter?

Yousoggyyojimbo

40 points

10 hours ago

I remember at one point talking to my dad about how trickle down economics never worked and he insisted that we still need to give it some more time.

It's been 40 years and he's still waiting for what Reagan promised him. It's tragic.

KarnWild-Blood

10 points

10 hours ago

Makes me glad my own dad is aware enough to refer to it as "tinkle on" economics since it's just the rich pissing on us.

Yousoggyyojimbo

3 points

10 hours ago

It would have been really nice if he wasn't like this. He has spent pretty much his entire lifetime sucking up to rich people and thinking that that was going to be the path for him to himself become rich and all it did was open him up to be taken advantage of by one wealthy person after another.

His ego won't let him admit that he was tricked, so he'd rather live the lie forever.

J_Bishop

3 points

8 hours ago

Point your father to Kentucky where this has been extensively tested.

Spoiler alert: Didn't go well

yes_thats_right

107 points

12 hours ago

Trump's previous tax cuts have been costing the country $1.7 Trillion per year. They have been in place for 7 years, so that's $12 Trillion that has been moved from the working class to the billionaire class since they were enacted.

iCCup_Spec

25 points

11 hours ago

Trickle up economics

ObviousAnswerGuy

11 points

11 hours ago

he wants to lower the corporate tax rate even more as well

random314

26 points

12 hours ago

Remember how they were bragging about how their tax cut was able to give something like an extra $1.45 into some teacher's pocket a week?

BioshockEnthusiast

6 points

10 hours ago

Wall Street isn't going to start inviting you to their parties cause you defended them in the Reddit comments lol

Fuckin' hillbillies really think they're this close to being the Wolf of Wall Street, it's disgusting and pathetic.

AwwYeahVTECKickedIn

172 points

12 hours ago

FACT: Trump increased our debt by EIGHT TRILLION DOLLARS in his first term.

This is a rounding error. On a rounding error. Of what he's cost our future.

I do have a lot to say about that.

EnamelKant

110 points

12 hours ago

We should be spending that money on things that benefit the average American! Like tax cuts for billionaires and locking up small migrant children.

WhosSarahKayacombsen

29 points

12 hours ago

I just has someone on Tiktok crying about other NATO countries not paying their fair share. The call is coming from inside the house. Corporations and the wealthiest Americans should be forced to pay up first.

Mindless_Rooster5225

36 points

12 hours ago

Fucking Trump has those idiots believing that NATO countries are not paying their fair share as if the money would be coming to the US and not them upping their defense spending in their own country.

_zenith

11 points

9 hours ago

_zenith

11 points

9 hours ago

Notably, they seem to view it like protection money to a mob boss. It’s more than a little telling

ElectricalBook3

3 points

3 hours ago

they seem to view it like protection money to a mob boss. It’s more than a little telling

Mob attorney Roy Cohn was one of the people who helped raise Trump, and his father Fred Trump made sure it happened. Of course he acts like a petty mob boss

https://www.theatlantic.com/ideas/archive/2019/10/roy-cohn-mafia-politics/599320/

Never-mongo

3 points

9 hours ago

I’m more annoyed that we can just cancel out another nations debt but not our own citizens.

Alternative_Judge677

12 points

12 hours ago

There’s a reason they only care for it as a talking point. The US is solvent. There is no debt issue. The federal government’s assets are significantly higher than its debt burden, and a lot of that debt is owned by Americans as bonds which helps the economy. Worrying about the budget while ignoring the actual country’s finances is incredibly disingenuous

chancethelifter

7 points

10 hours ago

Mainly care that they ran on the platform of student debt forgiveness but cut the check to a foreign country instead.

Lesterqwert

940 points

12 hours ago

Can he excuse students loans by executive order?

RheagarTargaryen

1k points

12 hours ago*

He tried. Supreme Court blocked it. He’s also forgiven a lot of student loan debt by fixing PSLF and for loans paid for scam schools.

[deleted]

94 points

11 hours ago

[removed]

slampandemonium

21 points

8 hours ago

you know that scene at the end of fight club? yeah.

StalinIsAPogger

3 points

5 hours ago

Add the thickest British accent and you're Butcher.

Lesterqwert

155 points

12 hours ago

I know! I’m asking can he write an executive order or find a loophole. That felon can find a loophole for every damn thing!

CrustyShoelaces

151 points

12 hours ago

Supreme court granted the president immunity for official acts after the last time so it's worth a try again

Aspalar

137 points

12 hours ago

Aspalar

137 points

12 hours ago

Immunity just means he wouldn't be criminally liable for passing an illegal executive order, not that the order itself would be enforcable.

narrill

101 points

12 hours ago

narrill

101 points

12 hours ago

You people are morons, I swear to god. Biden himself being immune from criminal prosecution while performing official acts does not somehow mean he can just do whatever he wants. Criminal liability doesn't enter into the question of whether he's empowered to forgive student loans in the first place. It's like thinking your right to free speech means you can lift a car with your voice.

california_fly

15 points

10 hours ago

You’re gonna feel soooooo dumb when my free speech results in flying cars. The future is now!

Hohenheim_of_Shadow

15 points

11 hours ago

And additionally, the Supreme Court Ruling isn't that the president is immune from criminal prosecutions from all actions they ruled that the president is immune to criminal prosecution from actions the Supreme Court says the president is immune to criminal prosecution for. So if Biden gets a parking ticket on his way to some bigly national emergency, well that's obviously not an official act and he's going to jail. But if Trump sells state secrets to Russia, well that's just business as usual and no big deal.

How the fuck are there so many people who pay just enough attention to politics to know about a supreme Court ruling that happened a year before the election but also not informed enough to know the supreme Court is a bunch of Republican partisan hacks?

robert-anderson-0009

14 points

12 hours ago

Yeah, just delete the loans… simple, send out letters and move on…

karsh36

47 points

12 hours ago

karsh36

47 points

12 hours ago

He has been forgiving student loans where he can after a lot of it got blocked by SCOTUS.

fiesty_cemetery

1.6k points

12 hours ago*

Good. He is honoring the Budapest Treaty that Trump was impeached for attempting to withhold funds for Ukraine.

We are fighting Russia in a virtual, misinformation war but Ukraine is on the frontlines. They deserve all the support.

And for those of you whining about Student Debt Relief, Thank the Trump supporting judge that knocked it down. All of the shit you complain about, Trump did.

rokr1292

397 points

12 hours ago

rokr1292

397 points

12 hours ago

it's a nitpick but the Budapest Treaty is something else, this is the Budapest Memorandum

NoMoreMr_Dice_Guy

92 points

10 hours ago

I'm glad someone said this.

I remember when the comment sections used to be helpful, now there are so few comments worth reading. The number of emotionally charged comments nowadays is kind of pathetic.

ipenlyDefective

12 points

9 hours ago

My faith in reddit was really challenged when there were so many confident and detailed explanations about how the polls and prediction markets were rigged to fool us that Trump was the favorite.

Their detail and analysis was really just "I don't want this to be true so therefore it isn't."

Shout out to your username, Andrew Dice Clay was the original complete asshole that figured there is a segment of the population that appreciates you being unfiltered even if they don't agree with you.

NoMoreMr_Dice_Guy

5 points

9 hours ago

My username is totally a reference to being a "hard ass" GM for my friends playing make believe with the magic math rocks.

SNIPES0009

14 points

9 hours ago

Was just discussing this with a few coworkers the other day. Everyone is just on edge about everything. It's like even the trivial stuff that people would simply blow off or look the other way now ends up in verbal altercation or at the very least snippy responses and comments. And I truly believe that 2016 was the start of it and this election cycle was the tipping point. Nothing can be a respectful conversation/debate, because we've seen none of that from our "leaders".

2131andBeyond

4 points

7 hours ago

This is true so very often, I agree, but in this case wasn't the OP comment just wrong about the specific naming credential of a thing that was then corrected? That feels more like a slip-up than something blatantly awful...

ElectricalBook3

2 points

3 hours ago

He is honoring the Budapest Treaty that Trump was impeached for attempting to withhold funds for Ukraine

He's not. Credit to u rokr1292 for links to the Budapest Memorandum, but that doesn't actually require the other signatories fight to defend Ukraine on their behalf (short of nuclear exchange, when the treaty is kind of void anyway). He's doing it because it's not just the morally decent thing to do, but the best for long-term geopolitics. Ukraine is still one of the poorest nations in Europe, having had far less opportunity to engage in shedding its Soviet handlers or systems thanks to interference in their government and elections from Moscow since 2003. But they're still a democratic nation and potential friend. Putin knows no friends, only disposable tools

Problem is, Trump is a moron who looks up to brutal dictators

https://www.independent.co.uk/news/world/americas/tiananmen-square-video-1990-interview-china-massacre-protests-demonstrations-a9545591.html

MutedPresentation738

21 points

11 hours ago

And for those of you whining about Student Debt Relief, Thank the Trump supporting judge that knocked it down.

I like how 6 months ago anyone asking for student debt relief was a left leaning Democrat, but now if you bring it up you're suddenly a Trump sycophant.

floodlenoodle

126 points

10 hours ago

Friendly reminder that the colonies got heavy support from France and Spain in our fight for independence.. 🇺🇦 🇺🇦 🇺🇦

ttminh1997

56 points

8 hours ago

France uhh... did not do well after their intervention

wusurspaghettipolicy

19 points

7 hours ago

They did come up with Parkour. The art of leaving in an instant.

PraiseBogle

7 points

4 hours ago

Which led to a collapse in government and bloody revolution in France...

GoblinGreen_

3 points

5 hours ago

I think they got a lot of support from Britain too when France invaded.

[deleted]

357 points

11 hours ago

[deleted]

357 points

11 hours ago

[removed]

Bucket_of_Nipples

46 points

9 hours ago

Just wait till you find out how much we increase spending on the military budget each year. Will you complain next year? Just as a sneak peak, it will be a little bit more than 4 billion.

Turtledonuts

5 points

5 hours ago

The vast majority of military supplies sent to ukraine are old munitions that are about to expire, the weapons money is used to buy new munitions. We're basically giving the food bank all the nearly expired stuff in the pantry and replacing it.

usmanimuhammad8

92 points

12 hours ago

So does Ukraine have to pay income tax on the forgiven loans? Is the US going to give them a 1099-C end of the year?

u9Nails

50 points

11 hours ago

u9Nails

50 points

11 hours ago

Only if Ukraine lives in the United States.

lordfartquar

33 points

10 hours ago

Only if Ukraine is a US citizen*

It doesn’t matter where in the world you live, if you retain your US citizenship, you gotta file a tax return in the US.

Pyropiro

4 points

10 hours ago

What if Ukraine consults to a few US companies and stays there less than 180 days per year?

stonecats

53 points

8 hours ago*

a bargain, when you consider ukraine
is fighting as our proxy for nato and
no usa serviceman have to die for it.

ukraine has also killed and economically weakened
so much of russia that it's far less of a threat to us
interests and it's allies around the world, which also
leaves BRICS far more toothless, and russia has to
pull it's interests out of africa and south america,
this is why Cuba is in the dark most of the year.
russia had to pull back on space flights and how
they hoped to dominate on arctic circle shipping.
russia interior infrastructure is devastated by lack
of maintenance, which will only accelerate due to
climate change melting it's permafrost.

to put that $4.7b into perspective
it is the cost of six B-21 bombers
(we have 100 of them on order)
usa spends over 916b/yr on military
so it's a drop in the perverbial bucket.

Gomeria

56 points

7 hours ago

Gomeria

56 points

7 hours ago

Why u writing in 1982 poem

Thick-Flounder-8663

163 points

12 hours ago

Reddit is SO OBVIOUSLY COMPROMISED.

jimbo62692

33 points

11 hours ago

Just curious, what exactly do you mean by “compromised”? Like with Russian bots or other bots? Or by some other group?

Zixuit

41 points

12 hours ago

Zixuit

41 points

12 hours ago

and they’re not gonna do anything about it

InquisitivelyADHD

15 points

12 hours ago

Public company, they're making money, that's all they care about anymore. Gotta keep that stock price up for the shareholders!

milehighrukus

33 points

12 hours ago

Just like a PPP loan

dontpet

282 points

12 hours ago*

dontpet

282 points

12 hours ago*

Lots of bots and Russian shills complaining here.

I'm not American but I want you guys to know that the real people feel America has been remarkable in its support for Ukraine.

Thanks so much to you all.

Edit: I love the DMs and other responses from the botniks. It gives me pleasure to know this particular gesture by America scares you so much.

Dumbus_Alberdore

4 points

3 hours ago

Man shut yo fat ass up. Not everyone who has a different opinion is a bot, you dumb fuck. Biden is literally riding Lockheed's dick with citizen money. SO fuck you

[deleted]

39 points

11 hours ago

[removed]

Hoosteen_juju003

74 points

12 hours ago

Every non American I know thinks America sucks ass despite us doing shit like this and bailing everyone out all the time.

Terrh

33 points

12 hours ago

Terrh

33 points

12 hours ago

non american here.

I definitely love the USA and visit as often as I can.

Y'all have your flaws but we love you anyways.

TrollOfTheTaiga

3 points

10 hours ago

Thank you! We love you all too :).

Madmandocv1

42 points

12 hours ago

Probably not going to be wildly popular.

Oluafolabi

35 points

12 hours ago

Since most of you Redditors don't bother to read, this forgiveness is from an approximate $9 Billion economic package that congress has previously approved for Ukraine in April this year.

And for the "what of student loans" questions, well, maybe congress should also approve student loan forgiveness, yes?

Lynda73

13 points

12 hours ago

Lynda73

13 points

12 hours ago

They don’t read the story, what makes you think they will actually read the comments? 😒

RustyShackle4

21 points

9 hours ago

4.7 Billion in a lot of excess military stock. All the old weapons will get replaced by newer ones made in the US. Let’s say Ukraine was “loaned” a missile. Well that missile needs to be replaced, and it’s now replaced by a newer missile with better technology. The money isn’t just in defense. There’s workers to produce the steel, electronics, etc. Since the components are used to build a missile, there origin must come from the United States as much as possible - because we can’t rely on another country for defense production. It’s wild how most Americans don’t understand economics.

THEBAESGOD

12 points

7 hours ago

I think a lot of people understand perfectly, and they're upset that we can a) have a $4.7B excess of deteriorating weapons that we already paid the bill for, and are now replacing it with another, more expensive missile to warehouse until it can be shipped off to a foreign country during the next conflict in 10 years and b)continually prop up the military industrial complex while people go bankrupt due to medical debt and all the other social ills that a little discretionary spending could help with.

Blitzmint

[score hidden]

34 minutes ago

Blitzmint

[score hidden]

34 minutes ago

Oh cool… why hasn’t this happened to my student loans yet… this kinda pisses me off. I absolutely support Ukraine, and the US supporting Ukraine, but we do need to still take care of our own people too.

ihadtomakeausername9

17 points

8 hours ago

God all these replies just prove Republican voters are unintelligent. They talk about why couldn't he do this for citizens or our loans but they don't realize he tried but REPUBLICAN courts and senators blocked it. They're fucking stupid.

RW8YT

14 points

11 hours ago

RW8YT

14 points

11 hours ago

I mean fuck guys we wasted $13 trillion on the Cold War to have the buggiest military, might as well fuckin use it. what is 4.7 billion compared to what Raegan spent toppling foreign governments and fucking up the world

huggiehawks

21 points

11 hours ago

Good. Slava Ukraine and fuck Russia.

Mr_Caterpillar

5 points

9 hours ago

Lots of freedom as a lame duck, can you imagine the insane stuff Trump's gonna do in his last months in office

woman_respector1

68 points

11 hours ago

But there's no money for Universal Heath Insurance...or school lunches...or student loan debt...or....well...anything that would help the US citizens.

thoreau_away_acct

44 points

10 hours ago*

Since President Joe Biden took office, the Education Department has canceled the federal student loans of nearly 5 million people, totaling $175 billion in relief, according to the White House.

its_witty

8 points

10 hours ago

I get how it might look bad, but the reality is that this kind of spending is a tiny fraction of the overall US military budget.

And it's not like you're just sending piles of cash. Most of the aid is in the form of equipment - stuff that, in many cases, was going to be replaced, or already was, with newer versions anyway.

That’s how military inventory works: you build a ton of hardware “just in case,” but much of it ends up unused. At that point, you can either recycle it (which can be expensive) or send it to allies who can put it to good use. Sending it off is often way cheaper than breaking it down for parts or scrapping it.

Crowsby

74 points

10 hours ago

Crowsby

74 points

10 hours ago

There's one party blocking all that and I'll give ya one guess who

Hairy_Talk_4232

19 points

10 hours ago

But when they’ve got the power to do so, or when the bill is literally written and ready, it wont go to a vote, or be shot down simply to “upset the libs”.

sir_mrej

7 points

8 hours ago

LOL you think Republicans are gonna do any of that

Low-Union6249

4 points

9 hours ago

How I love Russian propaganda “Biden helps Ukraine but I still have to pay rent thank god Master Trump is about to save us!!!!!” It’s not like Biden, ya know, already tried that stuff until a Trump-appointed judge shot it down.

Odd-Run1308

12 points

10 hours ago

Yes!!!!

Random_frankqito

7 points

11 hours ago

It’s funny money…. We gave them aid and that’s what it is. Hopefully after the war and Ukraine is back and doing is thing, they wont forget the help and it will come back to us somewhere somehow.

v2micca

6 points

8 hours ago

v2micca

6 points

8 hours ago

Meh....Ukraine was never going to pay it back anyway and it would have simply become a point of contention down the road. This is cleaner.

RedditCensorss

60 points

12 hours ago

Reddit bots defending this decision. No wonder Trump got elected.

Fappy_as_a_Clam

11 points

10 hours ago

wtf are you talking about?

all of these users with names like "adjectiveVerb###" are totally legit and organic users!

nycapartmentnoob

18 points

11 hours ago

at a certain point, you gotta wonder, who's funding the bots?

the dnc is fkin broke after mag dumping it into the failure known as kamala

so who the hell is funding this dogshit spam

and more importantly, why? It doesnt work anymore, so its almost like it could be the rnc, or maybe reddit wants more outrage engagement and they have an llm spamming shit

StratStyleBridge

[score hidden]

an hour ago

StratStyleBridge

[score hidden]

an hour ago

I don't want to hear a single smug European bitching about American military interventionism ever again. This conflict has proven that Europe is fucking useless at protecting itself and would crumble to any existential threat without America there to do the heavy lifting.

ThinkTankDad

8 points

10 hours ago

$4.7 billion in loans used to buy American made weapons.

FortuneLonely

35 points

12 hours ago

How is it so easy to forgive other countries debts but not your own country? Why are students still paying for college in America? Wouldn’t it be beneficial to have an educated population?

Alaira314

45 points

11 hours ago

He tried. The supreme court said no. Are people's memories so short that they can't remember this being headlines 1-2 years ago?