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jackfruitstaken's profile
JF
JF
JF
@jackfruitstaken

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JF

@jackfruitstaken

Jackfruit from the Internet. "Ein Tier, das nur in der Gesellschaft sich vereinzeln kann." - Marx "Blam[es] on his boots the faults of his feet." - Beckett

Joined June 2009

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    1. JF‏ @jackfruitstaken 17 Nov 2020

      another thought on student debt forgiveness: the 05 bankruptcy bill, in making student loans nondischargeable, created a pressure-cooker atmosphere around this debt that made it all but inevitable it would have to be forgiven by fiat

      1 reply 0 retweets 7 likes
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    2. JF‏ @jackfruitstaken 17 Nov 2020

      What if nobody, from the banks to the schools to the students, actually expected this debt to be paid? Who's holding the bag? Well, the schools took the money.

      2 replies 0 retweets 5 likes
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    3. JF‏ @jackfruitstaken 17 Nov 2020

      The banks, in this scenario, took the debt on the expectation that what the students couldn't pay, the Fed and Congress could. Shitty, but they didn't sell the degrees. And the students took home little squares of toilet paper that locked them into servitude. Who's in the wrong?

      1 reply 0 retweets 5 likes
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      JF‏ @jackfruitstaken 17 Nov 2020

      It's clearly the guys lobbying to hike the value of their septic-tank safe degrees and taking home free money. Soak their asses.

      1:29 PM - 17 Nov 2020
      • 5 Likes
      • sophisticated customer William Castle Thunder, Ethical Pimp Nicoke Sandman
      0 replies 0 retweets 5 likes

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