Today Obama Used His Executive Powers To Push Student Loan Reform

haha I'm not being punished for it. You are. I work for one of the major companies that did it to you. I'm literally laughing out loud that you're letting my company off the hook.

You're an idiot, and I'm glad you have to pay to banks for their bad decision. I hope it causes you financial hardship. Stupid people deserve to be punished.

ETA: That goes for everyone so stupid as to let the banks get away with this scheme. You're all responsible.

For those (most of you) who don't know me, I work with a defense contractor in SW Ohio specializing in medical/logistical products.



Usually, the government (or whomever) puts out feelers, gets bids and chooses a supplier.

For these goods, I just got a mass order number, and a new demand request for their bulk order to be delivered to our warehouse for their consignment storage on Oct. 23'rd. They also purchased our available stock on top of their production demand. This is "no-bid" meaning "Charge us whatever the heck you want." This is very rare, and I've only seen it done in times of emergency (like Katrina.)

The main concern I have, the body bags have anti-biotic properties and fire accelerates. One year after the date of manufacture, they will lose all effectiveness. The NBC filters about 5. After those dates, the filters (and body bags) will actually become much worse than useless... they will become toxic to handle and definitely dangerous to use.

To digress, a ton of money was spent to expedite a gigantic order of things which have very strict expiration dates.

Read into this what you will.






Update:

They're off to Denver. Just like I said, before the "training exercise" was even announced, that they had bought them for a big exercise. That was it.

Operation Mountain Guardian. The shipping order came through last night, I didn't even see it until this morning, right now and already all the inventory is wrapped and gone.

There is absolutely no way in hell this is a training exercise. No way in fucking hell would they be using the stuff they bought in consignment for a training exercise. They are lying through their teeth, and now I'm as paranoid as anyone else on this forum.

I have no proof that this is a cover-up, but I will tell you with no hesitation this exercise is covering the movement of large quantities of equipment.

So you work at a bank or with a defense contractor?



Thread: Just an update to the body bag threads. Update first post

So you work at a bank or with a defense contractor?



Thread: Just an update to the body bag threads. Update first post

ha nice addition..so he lies as well

I do not understand your statement that "everyone so stupid as to let the banks get away with this scheme". How could we, the American people do anything to change this. Under the last two administrations, our government failed us by handing out bailout money like it was halloween candy. And to make a comment like "I hope it causes you financial hardship. Stupid people deserve to be punished." Why should you, me, or anyone be punished for the the mistake of others?

Stop defending the banks. Place the blame where it belongs. They gambled with your money, knowing you'd have to foot the bill. Blaming the dead-beat college students lets the perpetrators of the scheme get away with it.

There was an intelligent force at work, and several people in this thread are trying to defend it.

ETA: The banks OWN the government. Bought and paid for. The company I work for received hundreds of billions in currency, and trillions in subsidies, then dodged paying a single dollar in taxes.

There is no need for personal attacks, this is an internet forum, people can have differences of opinion.

You both have made valid points. I agree with Mooshi that people are ultimately responsible for their actions, no one forces a person to get a loan or spend money that they do not have.

I also agree with you in that the system is flawed. Banks where rewarded and bailed out at taxpayer expenses, that should have never happened.

I do not understand your statement that "everyone so stupid as to let the banks get away with this scheme". How could we, the American people do anything to change this. Under the last two administrations, our government failed us by handing out bailout money like it was halloween candy. And to make a comment like "I hope it causes you financial hardship. Stupid people deserve to be punished." Why should you, me, or anyone be punished for the the mistake of others?

Jake are you a deadbeat college student?

GE Capital. Largest defense contractor and financier in the world.

I work for the largest filter manufacturer in the world, filters are one thing I consider myself a near expert on.

So you work at a bank or with a defense contractor?



Don't forget...

GE Capital is the largest defense contractor and financier in the world. I contract, specifically, with GE HealthCare division. I'm a logistics manager. I sell/procure and import/export medical products used by the defense industry.

However, the umbrella company I contract for, GE Capital, is the largest bank in the world. So, I contract with the defense division of a bank.

ETA: GE owns nearly everything. They don't just make refrigerators.

So you're a contractor for G.E?

President Obama used executive order today to push forward student loan reform that would reduce monthly payments for 1.6 million borrowers next year, accelerating the previous 2014 startup timetable.

The new “Pay As You Earn” proposal for college students lowers their monthly loan payments to 10 percent of their discretionary income. The plan also forgives the balance of their debt after 20 years of payments.

Full article can be read here:

[link to ecreditdaily.com]

So if some idiot goes to college and majors in a field that has zero chance of gainful employment, WE have to pay for their bad choices? Unfriggin believable.

I know trailer trash that took out student loans and only went to class long enough to get the money.
Now they still don't have a job, spent the money on beer and meth, and continue to leech.

This statement

“So here's one line of thinking for why we should socialize post-secondary education (just like elementary and secondary education are already socialized):

It's in our best interest for elementary education to be available to all, and society justifiably pays for it.

It's in our best interest for secondary education to be available to all, and society justifiably pays for it”

This is one of the major things wrong with our society. The federal government does not have the right to be involved in education this is clearly a role for the states.

Its people like You that have brought us into this mess with the mindset of “its in our best interest”

When does your “justifiably pay for it” stop? With education? With housing? With medical care? With retirement?

President Obama used executive order today to push forward student loan reform that would reduce monthly payments for 1.6 million borrowers next year, accelerating the previous 2014 startup timetable.

The new “Pay As You Earn” proposal for college students lowers their monthly loan payments to 10 percent of their discretionary income. The plan also forgives the balance of their debt after 20 years of payments.

Full article can be read here:

[link to ecreditdaily.com]

So if some idiot goes to college and majors in a field that has zero chance of gainful employment, WE have to pay for their bad choices? Unfriggin believable.

President Obama used executive order today to push forward student loan reform that would reduce monthly payments for 1.6 million borrowers next year, accelerating the previous 2014 startup timetable.

The new “Pay As You Earn” proposal for college students lowers their monthly loan payments to 10 percent of their discretionary income. The plan also forgives the balance of their debt after 20 years of payments.

Full article can be read here:

[link to ecreditdaily.com]

So if some idiot goes to college and majors in a field that has zero chance of gainful employment, WE have to pay for their bad choices? Unfriggin believable.

remember serve america???...watch the bouncing ball

Yeah, CowgirlK had done this recent thread on it, sadly it looks like most people ignored it.

Thread: Remember the Serve America Act..2009?

Of course the Big O had to sign a bill for his dear late buddy Teddy. I just green pinned it, so people can connect the dots.

President Obama used executive order today to push forward student loan reform that would reduce monthly payments for 1.6 million borrowers next year, accelerating the previous 2014 startup timetable.

The new “Pay As You Earn” proposal for college students lowers their monthly loan payments to 10 percent of their discretionary income. The plan also forgives the balance of their debt after 20 years of payments.

Full article can be read here:

[link to ecreditdaily.com]

So if some idiot goes to college and majors in a field that has zero chance of gainful employment, WE have to pay for their bad choices? Unfriggin believable.