this post was submitted on 30 Jun 2023
177 points (98.4% liked)

US News

2052 readers
68 users here now

News from within the empire - From a leftist perspective

founded 5 years ago
MODERATORS
 

And the working class gets the shaft yet again

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 year ago

undefined> The loan forgiveness was meant to right the wrongs that happened under republican leadership of these programs.

I remember since the early 90s under no republican leadership the gov guar. student loans were sold over cheap to private banking and collection to collect. Again we are not a liberal crowd here to preach anti-republicanism when real defense and advancement to capitalism is carried out by dixocrats, including a dark-skinned one.

Remember who in the 90s passed legislation to wipe out urban poor housing under no protest no contest in court for 1/3 value offerings, and handed out urban land to developers to beautify and modernize cities? This caused the real-estate boom, the explosion of housing costs, and the transfer of the financial bubble into housing and development, to yet another bubble that blew up and sentenced the entire world to pay off the US financial bubble. It also created the transportation havoc created in nearly all urban/metro areas and had people travel 1-2hrs to get to a reasonably paying job.