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BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"

 
Anonymous Coward
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Chile
08/23/2022 09:59 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Most student loans are in the tens of thousands; some are in the hundreds of thousands.

$10,000 is not a significant figure.
 Quoting: Anonymous Coward 80404091


if we all get 10K 5hen it is fair, otherwise fuck no.

most people pay for their bad financial decisions on their own.

this is absolute billshit and TOTALLY UNFAIR.
Anonymous Coward
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08/23/2022 10:03 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Lol such robbery. My wife still has loans, we make over 350k together and people making a fraction what we do will foot the bill.

Ridiculous.

Oh and Biden, I wouldn’t vote for you for a million dollars.
 Quoting: Anonymous Coward 19050844


BS. $350 K per year and you are STILL PAYING LOANS.

Shill poster.
 Quoting: Anonymous Coward 76676518




Likely.
Unless he/ she paid for medical school, Ivy League, with no scholarship or aid.
 Quoting: Anonymous Coward 80475964


It means they are living a fancy lifestyle, prioritizing daily life over paying down debts. On the other hand, if they used all that fancy income and paid off their loans, their credit scores would tank, so maybe they are protecting their credit by paying their loans slowly.
 Quoting: Gemini Rising



Bullshit that the scores would rank.
Paying off debt may dip it a little lower, but not detrimentally and not for long.

What sense would it be to “tank” someone’s credit score due to them paying off their debt while incurring no additional new debt?

Good grief. Yes you can have fairly big debt but near perfect credit score.
But paying off the debt isn’t going to exactly put you in a lower credit-worthy bracket. I recall years back securing a mortgage, and in order to get an even lower rate I was required to pay off one vehicle. It was worth it.
Phillip J. Fry

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08/23/2022 10:28 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Buying votes with other people’s monies.
.

"Don't do anything that affects anything. Unless it turns out you were supposed to do it, in which case for the love of God. Don't not do it!"
Anonymous Coward
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08/23/2022 11:04 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
fuck stalinist POS traitor ccp agent joe biden and its special needs elderly care center.
Shilliam the Third

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08/23/2022 11:06 PM

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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Lol, as someone who pays the minimum for my remaining student debt (0% interest), something tells me I will both pay for others’ debts to be absolved and still expected to pay every dollar of mine…
Anonymous Coward
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08/23/2022 11:08 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
fuck this corrupt maoist ccp scumbag
BroDude

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08/23/2022 11:12 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Well, while I don't agree w/ it, at the same time I wouldn't pass up debt forgiveness of any kind.

I owe ~9.2k from my MBA and it's been nice not paying it for a few years.

Sucks I made 180k last year and will make about the same this year, so 99.99999% chance I won't be included.

Oh well, better karma to pay it back, I guess.
 Quoting: BroDude


180k income with an MBA and you still owe 9.2k in student loans?

Cruise cruise cruise
 Quoting: Anonymous Coward 83821893


just no hurry to pay it off, 4% interest rate, and was only $180 a month, then they paused it. Sure can pay it off tomorrow, but again, no hurry.
Anonymous Coward
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08/23/2022 11:22 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Well, while I don't agree w/ it, at the same time I wouldn't pass up debt forgiveness of any kind.

I owe ~9.2k from my MBA and it's been nice not paying it for a few years.

Sucks I made 180k last year and will make about the same this year, so 99.99999% chance I won't be included.

Oh well, better karma to pay it back, I guess.
 Quoting: BroDude


You make 180k and cant pay off 9.2k loan?

Sounds like that degree didnt teach you much
 Quoting: 1-2-Follow


don't worry, you'll be making over $180k by 2024.

everybody will.

.
Shilliam the Third

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08/23/2022 11:30 PM

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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Well, while I don't agree w/ it, at the same time I wouldn't pass up debt forgiveness of any kind.

I owe ~9.2k from my MBA and it's been nice not paying it for a few years.

Sucks I made 180k last year and will make about the same this year, so 99.99999% chance I won't be included.

Oh well, better karma to pay it back, I guess.
 Quoting: BroDude


180k income with an MBA and you still owe 9.2k in student loans?

Cruise cruise cruise
 Quoting: Anonymous Coward 83821893


just no hurry to pay it off, 4% interest rate, and was only $180 a month, then they paused it. Sure can pay it off tomorrow, but again, no hurry.
 Quoting: BroDude


No idea why you’re being dogged heavily. You’re not at fault for low-interest loans, why be criticized for capitalizing? I really wish US education focused more on interest rates, investments, and debt management, vs ..economics..

but that bucks the system and cuts the wealth disparity.
Anonymous Coward
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08/23/2022 11:31 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Rumor is that it's only ten grand and you can't make too much money or you don't get it. They are putting too many demands to get the money and it's nothing compared to the amount of debt most people have.
Anonymous Coward
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08/23/2022 11:58 PM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
$10,000 IS NOTHING. THAT WOULDN’T EVEN COVER A SEMESTER OF ROOM AND BOARD.

DON’T GIVE THIS ANY ATTENTION UNTIL WE’RE TALKING FULL FORGIVENESS OR AT LEAST $100,000+ ON ALL OF THE FAKE FAKE FAKE FAKE SUBPRIME STUDENT SLAVERY DEBT.

THIS PLACE IS DISGUSTING WHEN TONS OF FAMOUS BANKERS WHO THE PEASANTS HAD TO BAIL OUT ARE ALL AGAINST FORGIVING THE PREDATORY SUBPRIME STUDENT SLAVERY LOANS THEY PROFITED OFF OF (AND ARE STILL PROFITING OFF OF NOW) AND CREATED IN THE FIRST PLACE.

THIS IS THE WORST CORRUPTION OF OUR LIFETIME (EVERY ALIVE GENERATION) ITS NOT EVEN CLOSE.

WE’RE ALL ENSLAVED WHILE OUR GOVERNMENT GIVES FIRST WORLD ISRAEL $3 BILLION US TAXPAYER DOLLARS FOR “FOREIGN AID.”

I CAN’T EVEN READ THE NEWS ANYMORE IT MAKES ME PHYSICALLY NAUSEOUS.
Anonymous Coward
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08/24/2022 12:44 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
The Dept. of Education said I owed $5,000, so I paid them $5,000. After that, they said I still owed $5,000. And this has affected my credit for over 20 years. With a credit card debt, I paid $5,000 to Capital One. They said they never got it. The bank sent them the front of the cancelled check. They said they needed the back, which my bank said they didn't have. Later, I started to repay through a consolidation agency my mother forced me to use. I paid $250 a month for two years and was told that they never received any money from the agency. This is what life is like when you are poor. Everything is corrupt and it's too overwhelming to deal with.
99red

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08/24/2022 12:49 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
No one is paying their loans after they stopped requiring payments during the covid stuff.


They will lose all this money and still no one will pay.
Anonymous Coward
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08/24/2022 12:50 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Well, while I don't agree w/ it, at the same time I wouldn't pass up debt forgiveness of any kind.

I owe ~9.2k from my MBA and it's been nice not paying it for a few years.

Sucks I made 180k last year and will make about the same this year, so 99.99999% chance I won't be included.

Oh well, better karma to pay it back, I guess.
 Quoting: BroDude


180k income with an MBA and you still owe 9.2k in student loans?

Cruise cruise cruise
 Quoting: Anonymous Coward 83821893


just no hurry to pay it off, 4% interest rate, and was only $180 a month, then they paused it. Sure can pay it off tomorrow, but again, no hurry.
 Quoting: BroDude


Your loans are probably your oldest lines of credit and the main reason for having good credit. If you pay it off... your credit could potentially tank later on when the loans fall off your credit score after being paid off. I don't blame you for not being in a hurry.
Anonymous Coward
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08/24/2022 12:53 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Rumor is that it's only ten grand and you can't make too much money or you don't get it. They are putting too many demands to get the money and it's nothing compared to the amount of debt most people have.
 Quoting: Anonymous Coward 83516054


Yep. You're right. I thought congress controls the purse strings so how is Biden going to do this? When he made this promise a year or two ago... MSM said he doesn't have the authority to dish out money or loan forgiveness. It has to go through congress. So how is this going to be possible?
Anonymous Coward
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08/24/2022 12:56 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
$10,000 IS NOTHING. THAT WOULDN’T EVEN COVER A SEMESTER OF ROOM AND BOARD.

DON’T GIVE THIS ANY ATTENTION UNTIL WE’RE TALKING FULL FORGIVENESS OR AT LEAST $100,000+ ON ALL OF THE FAKE FAKE FAKE FAKE SUBPRIME STUDENT SLAVERY DEBT.

THIS PLACE IS DISGUSTING WHEN TONS OF FAMOUS BANKERS WHO THE PEASANTS HAD TO BAIL OUT ARE ALL AGAINST FORGIVING THE PREDATORY SUBPRIME STUDENT SLAVERY LOANS THEY PROFITED OFF OF (AND ARE STILL PROFITING OFF OF NOW) AND CREATED IN THE FIRST PLACE.

THIS IS THE WORST CORRUPTION OF OUR LIFETIME (EVERY ALIVE GENERATION) ITS NOT EVEN CLOSE.

WE’RE ALL ENSLAVED WHILE OUR GOVERNMENT GIVES FIRST WORLD ISRAEL $3 BILLION US TAXPAYER DOLLARS FOR “FOREIGN AID.”

I CAN’T EVEN READ THE NEWS ANYMORE IT MAKES ME PHYSICALLY NAUSEOUS.

 Quoting: Anonymous Coward 80727157


But you're not being realistic. If you borrow money and only pay the minimum amount due... you're going to pay back at least double doing it that way. Mortgages are the same way. Go play around with mortgage calculators. If you paid only the minimum payment due every month for the duration of the mortgage at the end you paid at least 2 times what the purchase price of the house originally was. Like I said... go play around with mortgage calculators and you'll see.
Anonymous Coward
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08/24/2022 12:57 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
you want to go to war in Ukraine - pay for it out of your own fucking pocket.
Anonymous Coward
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08/24/2022 01:01 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Congress gives themselves a raise and decides to send billions to Zelensky and people get upset about the student debt crisis.

"No one told you to go to college!"

lol
We Are Slaves

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08/24/2022 01:01 AM

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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Guess what geniuses! You will have to pay tax on that loan forgiveness!
 Quoting: Anonymous Coward 84049914


Ain't communism grand
Warning : The post above may be pure speculation.
Thread: The 2024-2025 Crypto Bull Market Thread
Anonymous Coward
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08/24/2022 01:07 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Guess what geniuses! You will have to pay tax on that loan forgiveness!
 Quoting: Anonymous Coward 84049914


Ain't communism grand
 Quoting: We Are Slaves


Better that than paying for foreign aid and foreign wars.

"Who cares about homelessness and debt? We have to fight poootin and russia!!!"
Anonymous Coward
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08/24/2022 01:11 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Guess what geniuses! You will have to pay tax on that loan forgiveness!
 Quoting: Anonymous Coward 84049914


Ain't communism grand
 Quoting: We Are Slaves


You are new world order communist scum.

You want to make it seem like helping out your own country is somehow communist.

I'm not looking for student loan forgiveness but I don't think it's a bad cause considering what many of you are OK spending tax dollars on.
We Are Slaves

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08/24/2022 01:16 AM

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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Guess what geniuses! You will have to pay tax on that loan forgiveness!
 Quoting: Anonymous Coward 84049914


Ain't communism grand
 Quoting: We Are Slaves


You are new world order communist scum.

You want to make it seem like helping out your own country is somehow communist.

I'm not looking for student loan forgiveness but I don't think it's a bad cause considering what many of you are OK spending tax dollars on.
 Quoting: Anonymous Coward 78831186


You couldn't be further from the truth retard, if anything, i'm an anarcho-capitalist

weirdo_tard

Last Edited by We Are Slaves on 08/24/2022 01:16 AM
Warning : The post above may be pure speculation.
Thread: The 2024-2025 Crypto Bull Market Thread
Anonymous Coward
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08/24/2022 01:24 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"


This is absolutely not fair to people who paid back their loans.

This is absolutely not fair to people who did not go to college because they couldn't afford the loan.

This is rewarding those who are delinquent.

If you cancel their student loan debt, then their degree needs to be nullified as well.

This warped "society" has gotten to the point where all it does is reward scumbags, and penalize the innocent.

So now I'm going to be FORCED to pay for these idiots to be brainwashed to hate me and to hate America?

This bullshit has GOT to stop.
Anonymous Coward
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08/24/2022 01:52 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Rember even Pelosi said Biden could not do this with a the stoke of a pen that it would take legislation, now he plans to do this with an executive order...
Anonymous Coward
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08/24/2022 02:33 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Rember even Pelosi said Biden could not do this with a the stoke of a pen that it would take legislation, now he plans to do this with an executive order...
 Quoting: Anonymous Coward 53392648


Executive Orders were NEVER intended to be used for this kind of utter insanity. Especially by a phony and fraudulent "president" who is so senile that he can barely speak.

Rule by the the decree of a dementia patient?

This country is BEYOND ridiculous.
PEEBALLS

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08/24/2022 02:35 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
What’s Shilling for Ukraine nazies costing you op.bidendid
time is short,seek your maker.
Anonymous Coward
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08/24/2022 02:47 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
I would rather see him forgive these ridiculous,out of control student tuitions than give another dime to any foreign country.
 Quoting: Anonymous Coward 80568819


Fuck both

I’m not paying someone else’s debt and I’m not paying for Ukraine shit either.

I get 75% of my taxes paid returned to me every year the other 25% is state shit I can’t write off.

Fuck the federal government

And no i am not going to tell you how I do it.
Anonymous Coward
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08/24/2022 03:43 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Great..Now there is going to be a stripper shortage.

:pole:
 Quoting: pish


I certainly hope not!
Anonymous Coward
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08/24/2022 03:46 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
Literally attempting to buy votes.

I live in a college town.

College girls in particular are the worst americans.

Remember when men use to love college girls?

Not anymore.

rofl
 Quoting: Anonymous Coward 72948386


That is not true at all.

Many women in college work and are learning to be professionals in many various careers.

Doctors, Lawyers, Teachers, Nurses, Scientists..

The worst Americans are the ones like you who try to over generalize groups of people into "all good/all bad"

Grow up and get a Brian Moran
 Quoting: Anonymous Coward 83783790


We don't need no stupid perfessionals!

We need housewives and hookers.

Ever since females got "rights", everything's been fucked up.
BigSister

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08/24/2022 04:13 AM
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Re: BREAKING: "Joe Biden Plans Wednesday Student Loan Debt Relief Announcement" (BLOOMBERG), Cost: "$2,000 Per Taxpayer"
"WE NEED TO BUY SOME VOTES! WE JUST LOST HALF OUR VOTERS WHEN WE TRIED TO KILL AND DID KILL THEM WITH TOXIC VACCINATIONS!"
 Quoting: Anonymous Coward 80365094


Nah, in dem world dead people can still vote.
Your BigSister has some sage advice and opinions to offer characterized by wisdom, prudence, and good judgment through reflection and experience if you will receive it.





GLP