Discussion: DeVos Forced To Forgive $150M In Student Loans After Losing Court Battle

Couldn’t happen to a nicer person. . . . NOT!

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Amazing what sunlight does to this crew.

Michigan has undergone a temporary setback with the DeVos/Koch crew behind the scenes, but oh, boy, Karma is coming.

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Never forget that Jowly Joe Lieberman vouched for this criminal before the U.S. Senate.

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The DeVos’s on both sides of the family have been part of a criminal enterprise for years. Its the main reason she was able to fit in so seamlessly with the tRump crime family and their entire way of doing personal business out of the White House. Its why she doesn’t give a shit what anyone thinks about her amoral, uneducated and ignorant ideas and positions on education, particularly as it relates to public education. Its why, as a billionaire, she doesn’t give a shit how much money she’s costing the taxpayer for her US Marshal service, that is paid to protect her merely because someone called her out and shouted something outside a school that hurt her delicate rich bitch sensibilities when she first began her federal job.

Its like we’re living with a bunch international arms dealers, slave and sex traffickers, extortionists, arsonists, robber barons and white nationalists when it comes to all of these lousy grifting appointees in our gov’t. These people all need to go. Not one of them has a redeeming quality. Just greedy, self-dealing assholes. All of them.

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1000 times THIS!

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One thing I will say about Republicans is that while most of what they believe is reprehensible and in many cases truly despicable, they certainly fight tooth and nail to get their way. I wish that we, as Democrats, had that much determination in us, although we are in part no doubt hampered by trying to stay on the high road (which I would hesitate to abandon too easily).

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Huh? I thought that she was the ice!?!

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They get a big payday for doing it.

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I don’t think it’s just trying to stay on the high road, it’s also because we see everything from a reality-based perspective rather than their faith-based one. Reality tends to be messy with no clear “right” answer, leaving its adherents with the unenviable task of choosing from several non-ideal options. Whereas, when you fully believe that you know the right answer, you don’t have to trouble yourself considering pesky facts or opinions of people which challenge your world-view.

They fight tooth and nail because they “know” they are right, while we “dither” because we can see legitimate arguments to be made for different courses of action. Since we are fact-based, we are reluctant to stand up and insist that our way has to be the best and meanwhile they don’t even see that there might be another option.

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That may be true for their supporters, who continue to delude themselves into voting for people who never really have the interest in mind of those they supposedly represent. But for the people who hold office, I think ottnot has the right idea.

It also helps that they have endless supplies of money to fund “think tanks” and other means of promoting their nonsense.

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I think it goes both ways. Tom Price, Ryan Zinke and Scott Pruitt are clearly in it for the monies, but people like DeVos are independently wealthy and she is very much a true believer. The book seems a bit quaint now, but John Dean’s Conservatives without Conscience described research being done on “Right Wing Authoritarianism” and listed three general categories. There are the general RWAs that make up the rank-and-file and there are the the Social Dominators who don’t actually believe in RWA, but they adopt whatever belief system they feel will benefit them the most (Trump, Price, Zinke and Pruitt all fit this descriptor in my mind) and finally there are the people that take on aspects of both (so-called Double-Highs).

DeVos and her brother feel like DHs to me. They fully buy-in to the RWA mind-set, while also maneuvering to position themselves most advantageously within the framework of RWA beliefs to cash in on it.

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Here’s a lady who feels free to give herself a new yacht every few years - and she wants to financially punish students. Man she must hate herself a LOT cause she is transferring a lot of guilt onto them…

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I have seen a lot of American administrations but I don’t think I have ever seen one before that has that actively tried to harm the American people. Trump’s is the first administration where the policy is to harm the environment, harm our health, damage our economy, deny us an energy future, destroy our foreign policy and turn our students into slaves of a predatory lending industry. A veritable axis of evil unburdened by any need to even pretend to do anything good for the average American. Betsy DeVos is a perfect Trump administrator. A real life Cruella De Vil.

I have come to believe that the Trumpers are right. There really is a deep state and that deep state is doing everything possible to protect us from Trump and his minions. God bless and keep them.

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Betsy DeVos is a toilet witch.

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I’d settle for a piano dropped from a reasonable height

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yes, it’s christmas, that would be more festive than an anvil

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But DeVos said the rules made it too easy hard for students to shirk their debt be ripped off by predatory rich people, and left taxpayers on the hook predatory rich people with a few less yachts.

There we go.

DeVos has continued to oppose the rule, calling it “bad policy,” and says she still plans to write new rules that will protect borrowers rich people and screw over taxpayers.

Another lie corrected. I’m not sure how she thinks forgiving debt hurts taxpayers. It’s federal education loans, sure, but if you just don’t pay the criminal grifters back, then it costs the taxpayers nothing. And oh yeah - students or graduates with loans are taxpayers, too.

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They do need to make discharging loans easier, especially in situations like this or in the case of disability. However, the problem with discharging them is that the discharged amount is treated as income, so you get sent a tax bill. They need to figure out how to fix this. If you’re disabled and can’t pay the loans off what makes the government think you can pay the tax bill?

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Another lesson in the virtues of Supply-side socialism vs versus evils of Demand-side socialism. Tax-breaks for wealthy tax-dodgers are good investments in a strong American economy. Loan relief for future tax-payers working to get higher paying jobs that net higher income taxes is a drain on our economy.

This doesn’t quite jibe with historical economic outcomes, but it feels sooooooo good.

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Oh dear , Ms DeVious will NOT get her commission on the deal . ( What would it have been Betsy - $20Million ? )

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