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micsolana's profile
Mike Solana
Mike Solana
Mike Solana
@micsolana

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Mike Solana

@micsolana

billionaire media tycoon and mayor of san francisco. vp @foundersfund. ringleader @hereticon. editor-in-chief @ pirate wires 🏴‍☠️

San Francisco
piratewires.com
Joined January 2009

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    1. Mike Solana‏ @micsolana 16 Nov 2020

      finally paid off my student loans last year. doing "the right thing" was a tremendous burden that meaningfully, negatively impacted my life. ignoring people like me, or minimizing the anger we're about to see, will have significant, probably years-long political consequences.

      50 replies 43 retweets 1,048 likes
      Show this thread
      Mike Solana‏ @micsolana 16 Nov 2020

      Mike Solana Retweeted Mike Solana

      and for the assholes in my mentions who will inevitably say i want people to suffer as i did, no. it's just everyone in charge is an idiot (or a grifter). let's talk about actually solving this problem:https://twitter.com/micsolana/status/1110645712285388800?s=20 …

      Mike Solana added,

      Mike Solana @micsolana
      1. make student loan payment 100% tax deductible, and retroactively 2. abolish bush’s disastrous bankruptcy abuse prevention and consumer protection (!!!) act, which exempts federal and private students loans from discharge 3. abolish federal student loans
      Show this thread
      9:57 AM - 16 Nov 2020
      • 6 Retweets
      • 187 Likes
      • Hugo Dante hug dealer Leveraged Kakya Juan Manuel de la Hoz Helix Hazem A. M. Awad,PhD Cameron Bishop Prescott Watson
      12 replies 6 retweets 187 likes
        1. Some Guy‏ @JustHereToShare 16 Nov 2020
          Replying to @micsolana

          (AND a grifter) fify

          0 replies 0 retweets 0 likes
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        1. Let’s Go Brandon‏ @Theteeben 16 Nov 2020
          Replying to @micsolana

          Bush may have signed the bill but Biden was instrumental in doing the banks bidding on this. If you remember, Hunter was on the MBNA board at the time

          0 replies 0 retweets 1 like
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        2. James Clark  📈 📉¯\_(ツ)_/¯‏ @mr_james_c 16 Nov 2020
          Replying to @micsolana

          How about creating affordability calculators and more accurate college league tables so people know *before* they take a course, their likely financial returns.

          1 reply 1 retweet 1 like
        3. James Clark  📈 📉¯\_(ツ)_/¯‏ @mr_james_c 16 Nov 2020
          Replying to @mr_james_c @micsolana

          I mean the problem here is not college debt per se, it's how much students are charged for a crappy product and how little they consider what their return on investment will be.

          1 reply 0 retweets 3 likes
        4. Show replies
        1. Cameron Price‏ @cameronp 16 Nov 2020
          Replying to @micsolana

          Maybe make the educational institution that benefited from the loan share the pain of the lender in the event of bankruptcy. Probably can't do it retroactively, but let's at least align incentives going forward.

          1 reply 0 retweets 1 like
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        2. Kim-Mai Cutler‏Verified account @kimmaicutler 16 Nov 2020
          Replying to @micsolana

          this NYFRB paper always stuck out in my mind, in that 60 cents on the dollar of every student loan was just passed through into higher tuition... https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr733.pdf …

          2 replies 0 retweets 10 likes
        3. LucasD‏ @TemarcWinter 16 Nov 2020
          Replying to @kimmaicutler @micsolana

          Yea- all this cheap money from govt was effectively a mass subsidization of a failing higher education system. This is a bailout. And what did the students even learn at these schools?

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. Scott McLeod‏ @realscottmcleod 16 Nov 2020
          Replying to @micsolana

          bingo

          0 replies 0 retweets 0 likes
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        1. Performicant‏ @performicant 16 Nov 2020
          Replying to @micsolana

          Your anger is getting in the way of communicating your ideas.

          0 replies 0 retweets 0 likes
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