The Jedi Conservative
Just the brilliant musings of a Okie displaced in Texas. My motto...."Often right, seldom wrong, never without an opinion" Mostly my observations are about politics...there's a reason the Right Wing is called right, by the way...golf and the trials and tribulations of living in DFW.
Thursday, July 21, 2022
Sunday, April 17, 2022
Canceling student debt...Why can't this be seen for what is it? It is a bribe, plain and simple!
According to Forbes, the plan to canceling student debt is a bad idea. Here's why.
You’ve heard the reasons why we should cancel student loans. Here are some reasons not to cancel student loans.
Here’s what you need to know—and what it means for your student loans.
Student Loans
Will your student loans get cancelled? Some members of Congress and President-Elect Joe Biden have proposed to cancel student loans. Among the many proposals for student loan forgiveness, the most recent has gained some traction: a plan to cancel up to $10,000 of student loans. According to Sen. Elizabeth Warren (D-MA), there are several reasons to cancel student loans. For example, student loan forgiveness could help a generation of borrowers start their lives debt-free. The latest student loan debt statistics show that 45 million borrowers collectively owe more than $1.6 trillion in student loan debt. This can help student loan borrowers get married sooner, start a family, buy a home and save for retirement. Warren also says that cancelling student loans can reduce social and racial disparities.
As Congress, the president and policy experts debate the future of student loans, it’s important to understand both sides of the “cancel student loans” issue. What are the arguments against cancelling student loans?Here are 5 reasons not to cancel student loans:
1. Cancelling student loans for everyone excludes 200+ million people
There are approximately 250 million adults in the U.S. Of this total, only 45 million are student loan borrowers. While that number is significant, it’s less than 20% of the total adult population. Forgiving student loan debt certainly would benefit these individuals. However, more than 200 million adult Americans no longer have, or never had, student loan debt. Is it fair to cancel student loans for this sub-section of the population, while the majority of the population (who may face other, important financial challenges) do not receive commensurate financial support? Many federal taxpayers may not want to subsidize the cost of student loan debt cancellation, which could cost nearly $400 billion, while they receive no financial benefit.
2. Cancelling student loans invariably benefits wealthier Americans with graduate degrees
Who benefits from student loan forgiveness? Graduate school debt accounts for more than 40% of all outstanding student loan debt. This includes student loans for medical school, dental school, business school and law school. While each of those degrees can cost hundreds of thousands of dollars in tuition, student loan borrowers who hold these degrees tend to earn significantly higher income. This is not to say that some borrowers with graduate degrees do not struggle with student loan repayment. Many do, and not all student loan borrowers with graduate degrees earn significant income. That said, cancelling student loans for all student loan borrowers would mean that high-income borrowers receive student loan forgiveness, even if they can afford their student loan payments. Therefore, student loan forgiveness would not be targeted optimally to student loan borrowers with low income, who didn’t attend college or who are unemployed, for example. The Heroes Act—the $3 trillion stimulus plan House Democrats passed earlier this year—included a provision to cancel $10,000 of student loans for borrowers who are “struggling economically.” If legislators proceed to cancel student loans, they may want to consider imposing an income limit or tying student loan forgiveness to unemployment or other financial struggles as a result of the Covid-19 pandemic or the economy, for example.
JediConservative Comment. This is NOT a good way, by the way!!! It causes inflation!!!!
3. Stimulus checks and unemployment benefits may be better ways to stimulate the economy
Some have argued that student loan forgiveness is smart policy to stimulate the economy. However, research shows that stimulus checks and unemployment benefits are better ways to stimulate the economy. For example, the Committee For A Responsible Federal Budget says that cancelling $1.6 trillion of student loan debt would produce only $90 billion in available cash to spend in 2021 and only $450 billion over the next 5 years. Why? The reason is that $10,000 of student loan forgiveness does not equate to giving every borrower $10,000 in cash. Rather, with student loan debt cancellation, borrowers save an amount of cash equal to their principal and interest payments, which could result in several hundred dollars in savings per month, on average, for example. If Congress wants to stimulate the economy, Congress would be better off giving stimulus checks to every American and encouraging them to spend.
JediConservative Comment. This is the best reason to NOT cancel student debt, by the way!!! It will be seen as bribe!!!!
4. Cancelling student loans is unfair to borrowers who paid off student loans
If there is student loan cancellation, it would benefit only borrowers who hold student loans on the day student loans would be cancelled. That means if you paid off student loans in full the day before, you would be out of luck. Many student loan borrowers paid off student loans by working multiple jobs, foregoing buying a home or delaying other important life decisions. Will these borrowers who also may have struggled receive any commensurate compensation? Congress could consider a reasonable look-back period to account for student loan borrowers who paid off student loans during a specific period prior to any potential student loan cancellation.
5. Cancelling student loans doesn’t address the high cost of education
Cancelling student loans could provide some immediate relief to current student loan borrowers. However, the day after student loans are cancelled, students will continue to borrow tens of thousands of dollars to fund their education. While a college or graduate degree generally leads to higher earnings, student loan debt cancellation doesn’t address the underlying issue: the cost of higher education. Congress may be more impactful by focusing on ways to make college and graduate school more affordable.
Monday, December 13, 2021
Save America.......Kill The Build Back Better Bill!
https://docs.house.gov/billsthisweek/20210927/BILLS-117hr5376rh.pdf#page=1
Thursday, October 28, 2021
The Most Anti-American Man in America
The Most Anti-American Man in America
By: Judd Garrett
Objectivity is the Objective
October 26, 2021
(Emphasis by the author)
As we saw on display during his “town-hall” meeting on CNN this Thursday, Joe Biden is completely incapable as a President, and as a human being. If Joe Biden were not President, he would need 24/7 in-home care. He is incapable of taking care of the necessities of his own day-to-day life, much less running a country of 330 million, with the largest economy and the most powerful army. So, if he is not running the country, who is? It clearly is not Kamala Harris. She has been shipped to political Siberia. She is rarely seen, and barely heard other than the grating echoes of her cackles. What we are witnessing on the big stage of American politics is “Weekend at Bernie’s” with a fluttering heartbeat. Joe Biden is making no decisions. He is doing nothing by himself. He is the stooge. This is not a defense of Biden for all the horrible decisions that “his” administration has made so far, but cognitively Biden is not capable of running this country. Someone behind the scenes is calling the shots
So, if is in not Joe Biden, who is running this country? Who decided to open the borders to millions of illegal immigrants? Who signed off on the disastrous Afghanistan withdrawal? Who is bringing in tens of thousands of unvetted, non-ally Afghans into America? Who is printing so much money that we’re on the verge of “hyper-inflation”? Who shut down so many parts of our energy sector that we are no longer energy independent, and are back to relying on OPEC for energy? Who is pushing this divisive racial agenda which is tearing our country apart? Who is labelling concerned parents domestic terrorists? Who has weaponized the FBI against everyday citizens based on their political beliefs? Who?
The person orchestrating all of this owns a mansion in the shadows of the White House. He is a power-hungry narcissist who is only concerned with implementing the far-left’s agenda. His name is Barack Hussein Obama. He lives within walking distance of the White House, and the vast majority of Joe Biden’s staff were in his administration. Who do you think those people are listening to, someone who they think is the next coming of the messiah or a cognitively impaired elderly man who doesn’t know what day it is, and just wants to be left alone to have his ice cream cone?
America is not supposed to have a shadow government. Transparency of its leaders is a core principle. But Obama does not believe that principle should apply to him. In an interview reflecting on his time in the White House, Obama said his ideal set up as President would be, a “third-term… where I had a stand-in, a front man, or front woman, and they had an earpiece in, and I was just in my basement in my sweats, looking through the stuff, and I could, sort of, deliver the lines, and someone else was doing all the talking, and the ceremony. I’d be fine with that.” Not only is that is a brief glimpse of what is happening in real time, it exposed what an extreme narcissist he is, and how not only does he not understand the fundamental concept of our system of government, but he is hostile toward it. Obama’s vision of his ideal “third term” is him as an unaccountable king or a czar, someone who can’t be bothered to answer to the lowly people whose money he is spending, and whose lives he is controlling. He simply wants the people to shut up and comply to his dictates.
Obama recently told Virginia voters who are concerned about teaching their kids Critical Race Theory, and the dangers of the radical gender ideology which caused a 14-year-old girl to be raped in Loudoun County, Virginia; “We don’t have time to be wasting on these phony, trumped up culture wars, this fake outrage that right-wing media pedals… we should be doing more to support people who are educating our kids, and keeping our neighborhoods safe.” That is a perfect illustration of what Obama does. He pushes an agenda which harmed a young girl, and then blamed the people who objected to his agenda. He sets the building on fire, and then criticizes the fire fighters for flooding the building to put out the fire he started. Obama said nothing about keeping our neighborhoods and kids safe during the 5 months of riots in our communities in 2020, or when Democrat lawmakers were defunding the police. He didn’t care about educating our kids when he repealed school choice legislation as President.
Does anyone remember back in 2006 or even 2007, before Obama, when black and white people actually got along? The time before every white person was characterized as a “racist” for simply being born white, and every black person was labelled a victim, when people were people regardless of their skin color? What our country is transforming into is directly aligned with Obama’s Marxist vision for the world. Obama’s father was a Marxist politician in Kenya, and in his book, Dreams of My Father, President Obama wrote, “To avoid being mistaken for a sellout. I chose my friends carefully. The more politically active black students. The foreign students. The Chicanos. The Marxist Professors and the structural feminists.” This is a very revealing passage about the man. Not only is he acknowledging his Marxist’s leanings, but he admitted that he embraced those radical ideologies not on intellectual or rational grounds, but because he did not want to be viewed as a “sell-out”. His need to be accepted by other black people because of his father’s abandonment of him, steered him to his radical Marxist ideology, and is also the reason why he uses race and false accusations of racism into bullying people into compliance to the Marxist ideology because, as he admitted, that is what happened to him.
And in alignment with his Marxist beliefs, Obama, when he was running for President, promised to “fundamentally transform” America. For someone who chooses his words as carefully and artfully as Obama, this was not a misstatement or an overstatement. It was exactly what he did while President, and is continuing to do in the shadows - “fundamentally transform” America. That should scare the hell out of every American. He didn’t say “restore America’s values” or “return America to its founding principles”. No, he said, “fundamentally transform.” He was not arguing that America lost its way over the last 200 years, and must rediscover the ideals of its founding; life, liberty, pursuit of happiness, equality, individual rights, constrained government. No, “fundamentally transform” was a direct assault on the fundamental values of America which are in direct opposition to Marxist ideology, and why Obama has to “fundamentally transform” America.
What made Martin Luther King Jr so powerful, so effective, and so great for America is that he embraced the American founding principles, and used them as a mirror to show America where it had gone wrong. In many of his speeches, Dr. King repeated the words of our Constitution or Declaration of Independence back to his fellow Americans, to expose to America where we have failed to live up to our founding principles when it came to the black community. And he was absolutely right. He saw our founding principles as right and necessary for his cause of equal rights and freedom for black Americans. Dr. King believed the fact that we had failed to live up to those principles, meant it was the people, not the principles, who needed to change.
Obama believes the exact opposite. He believes because America has failed to live up to its founding principles, it is the principles, and the foundation of the country that must change. That is why these harmful policies that he has been orchestrating over the last 9 months are designed to tear America down to its studs, so he can “fundamentally transform” America, and rebuild it in his own image.
Not only is Obama the most un-American man in America, he may also be the most dangerous man on the planet. The record of history is very clear, and very consistent. An unaccountable narcissist who controls the levers of power of one of the most powerful countries on the planet, always ends up in major atrocities. And that is exactly what is going on behind the scenes at the White House.
Monday, June 28, 2021
Words Of Wisdom
Our world is not divided by race, color, gender, or religion. Our world is divided into wise people and fools. And fools divide themselves by race, color, gender, or religion.
-Mahadad Safa
Monday, April 12, 2021
I'm going to make a prediction. By July 4, covid-19 will be ancient history.
I'm going to make a prediction. By July 4, covid-19 will be ancient history. Why you may ask? Well, because they will say everybody that wants a shot will have one and, of course, it will have accomplished its intended purpose of getting President Trump out of office. And since this is Obama's third term, they will just follow the same game plan as H1N1. You know, the swine flu. The one they tried to fool us until they medical experts came out and said that most likely you didn't have it! Read all about it here! https://www.cbsnews.com/news/swine-flu-cases-overestimated/
Friday, December 18, 2020
We are all in this together! No, we are not!!!!!
Is anyone else tired of hearing "We are all in this together!"? I sure am. I think it is training us to think that we all need to share our resources with someone who is not willing to take the effort to gain their own! In other words, SOCIALISM!!! I'm not responsible for your health and you are not responsible for mine! If that is NOT so, I need to go down to McDonalds and Pizza Hut and chastise everyone in line for getting their Big Macs and Supreme Pizzas! And while we are on the subject, we need to outlaw tobacco and alcohol. I don't smoke and rarely drink alcohol. After all, I'm responsible for your health! But see, we can't do that, because you can't tax a virus, but you sure can tax something that people use, and causes WAY more problems than a bad cold!
Monday, November 30, 2020
I Know Sidney Powell. "She Is Telling the Truth"
I Know Sidney Powell.