Ruled Unconstitutional: Student Loan Forgiveness

[toddnjoyce]

Pending appeal and all that jazz, the Northern District of Texas ruled today the plan is an “unconstitutional exercise of Congress’s legislative power”

Same judge that rules Texas can’t bar permitless carry for 18-21 year olds. Will update with PACER opinion when available.

Probably paywall: https://www.wsj.com/articles/federa...student-debt-cancellation-program-11668127159

 

[Darkpriest667]

Well if you guys had abolished the DOE like you promised to (republicans) it would be unconstitutional, unfortunately the DOE falls under the jurisdiction of the executive branch and the United States Supreme Court has refused to hear the 8 states that have appealed against it. I don't see how this gets fixed.

 

[Eastexasrick]

I found it on Reuters. Judge Pittman stated:

The Program is thus an unconstitutional exercise of Congress's legislative power and must be vacated.

I understated there was a stay on it from a St. Louis Circuit Court. So if the Fort Worth Judge's holding survives the appeals process, it never happens.

 

[Grumps21]

So does this mean inflation dies down some, or does this just mean it won’t get any worse for now?

 

[Eastexasrick]

I'm thinking just a few less sticks on the bonfire of inflation. Maybe a couple hundred billion bucks, or so.

 

[Fishkiller]

The whole this will die. It was done by Brandon to get the youngsters to vote Demoncrat.

 

[oldag]

"In this country, we are not ruled by an all-powerful executive with a pen and a phone. Instead, we are ruled by a Constitution that provides for three distinct and independent branches of government," Pittman said. "The Court is not blind to the current political division in our country. But it is fundamental to the survival of our Republic that the separation of powers as outlined in our Constitution be preserved."

 

[Darkpriest667]

So does this mean inflation dies down some, or does this just mean it won’t get any worse for now?

This wouldn't even put a dent in our inflationary pressure problems. Two things cause inflation primarily 1) increase in the money supply 2) Government spending.

The government is never going to spend less unless we literally have an insurrection and make it illegal for them to spend more than they take in.

The Fed has no oversight, they can print money at will and have multiple times.

 

[Tnhawk]

The whole this will die. It was done by Brandon to get the youngsters to vote Demoncrat.

This will resurface in two years for the next elections. Those who won't pay their student loans today aren't going to pay them in the next few years. Who or whatever the next democrat candidate for 2024, will dangle the tuition loan carrot in front of donkeys again and they will follow it.

 

[BRD@66]

This wouldn't even put a dent in our inflationary pressure problems. Two things cause inflation primarily 1) increase in the money supply 2) Government spending.

The government is never going to spend less unless we literally have an insurrection and make it illegal for them to spend more than they take in.

The Fed has no oversight, they can print money at will and have multiple times.

Well, I don't really "like" what you've said here. But damn it, it's true so I clicked the "like" button.

 

[msharley]

This will resurface in two years for the next elections. Those who won't pay their student loans today aren't going to pay them in the next few years. Who or whatever the next democrat candidate for 2024, will dangle the tuition loan carrot in front of donkeys again and they will follow it.

 

[Aus_Schwaben]

Pending appeal and all that jazz, the Northern District of Texas ruled today the plan is an “unconstitutional exercise of Congress’s legislative power”

Same judge that rules Texas can’t bar permitless carry for 18-21 year olds. Will update with PACER opinion when available.

Probably paywall: https://www.wsj.com/articles/federa...student-debt-cancellation-program-11668127159

I suspect that Biden knew this would happen when he proposed it. This way, the Democrats got additional votes in the midterms and it would not add anything to the national debt when the program was ruled "unconstitutional".


Once again, the folks voted for a Democratic Party program that was yanked out from under them once the elections were over!

 

[Tnhawk]

I suspect that Biden knew this would happen when he proposed it. This way, the Democrats got additional votes in the midterms and it would not add anything to the national debt when the program was ruled "unconstitutional"!

Exactly! His handlers did a good job on this one.

 

[Havok1]

Convenient timing that the ruling was 2 days after midterms.

 

[dsgrey]

This has been hokey all along - claiming the pandemic as a national emergency to "forgive" student loans. But then again, this guy has been releasing from the strategic oil reserve which is set aside for national emergencies. His "emergency" is to buy votes.

I scrimped and saved plus hit the low income bracket (partial Pell grant) to obtain my degree many years ago at a local state school while working. I entered the professional workforce and saw many who had never worked a day in their life and financed the "experience" of a more expensive school while they partied for 4 years. That was their choice. I told my 3 kids I'd pay for their degrees in full if they worked part-time and went to a local state school and 2 took the offer. They didn't realize until after entering the workforce what a blessing that was to not pay for loans for decades. It's all about choice and priorities.

 

[toddnjoyce]

I suspect that Biden knew this would happen when he proposed it. This way, the Democrats got additional votes in the midterms and it would not add anything to the national debt

If you think biden (or any politician) gives a rat’s ass about the national debt, I’ve got some ocean front property in Van Horn for sale.

The sole purpose of the effort was to curry votes.

 

[Eastexasrick]

If you think biden (or any politician) gives a rat’s ass about the national debt, I’ve got some ocean front property in Van Horn for sale.

The sole purpose of the effort was to curry votes.

And you can take that to the bank. Curry votes.

 

[Tnhawk]

Convenient timing that the ruling was 2 days after midterms.

Does anyone believe this or most other events (fuel, shipping, food prices) are not carefully orchestrated to allow the government to seize more control over citizens?

 

[Tnhawk]

If you think biden (or any politician) gives a rat’s ass about the national debt, I’ve got some ocean front property in Van Horn for sale.

The sole purpose of the effort was to curry votes.

Got any pricing on that ocean front property?

 

[cycleguy2300]

And you can take that to the bank. Curry votes.

What are curry votes?

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