241–250 of 307 posts
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yes, but that doesn't change the fact that the croatian government would have persuaded/forced the banks to cancel the debt, it's not the people with a loan who decided not to pay.
Given the 30-300 million euro cost associated with it, I think the government is paying the debts for the people.
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I don't think you know what the word "shill" means. You can't just use it as a term for people that have a different political view than you.
I don't think you know what the word "political" means. You can't just use it as a term for people who uncritically spew whatever bullshit they were fed out their mouth hole.
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Do you libertarians even listen to yourselves? The amount of disease that would spread... "hustling sketchy shit" is not a sustainable model of entrepreneurship.
Do you communists even listen to yourselves? He never said he was a libertarian. And where the hell do you get this "hustling sketchy shit" from? Do us a favor and reply to the comment, not whatever your mind twisted it into.
Let's just look at the predictable consequences of this move: 1) Banks and other corporations will never lend money to poor people again. Full stop. If there is a chance that the government will write off that debt (effectively stealing future earnings from banks) for these loans, banks just won't issue them. Say goodbye to educational loans, healthcare loans, car loans. Say goodbye to home loans and mortgages. If yo…
1 The bussiness of the banks is to lend money to poor people, Rich people don't need to pay interests, they have lots of money yet. The bank can choose to lend to poor and maybe to earn money or to not risk a single dollar, not earn money, and probably dissapear. You can skyrocket the interest rates all that you want and feel like the big bad bank, but if you put the level too high the people simply will stop entering your bank. You are useless now. People will find another way, and now you are just a dead shark.
2 The money was stolen by rich people, not by the poors, and the bankers know this perfectly.
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Well, a restaurant isn't the only business venture an individual can get into. Just the other day I saw meme-photo (can't vouch for the validity/truthfulness) about a woman that made money at the beach by attaching balloons filled with margharita mix over her breasts. And charging party-goers (probably mostly male) for the chance to drink out of them. Ridiculous and asinine example, but I bet she started off with no…
Do you libertarians even listen to yourselves? The amount of disease that would spread... "hustling sketchy shit" is not a sustainable model of entrepreneurship.
Let's just look at the predictable consequences of this move: 1) Banks and other corporations will never lend money to poor people again. Full stop. If there is a chance that the government will write off that debt (effectively stealing future earnings from banks) for these loans, banks just won't issue them. Say goodbye to educational loans, healthcare loans, car loans. Say goodbye to home loans and mortgages. If yo…
3) The money has to come from somewhere--it isn't free. By canceling $31M in debt, the government is causing $31M in losses to corporations and institutions that were owed that money. That means $31M less in spending, economic growth, job creation, not to mention taxes, which will have to go up to compensate for the loss. These taxes (or inflation) will hit the poorest people while the rich horde more money or offsho…
There is no such thing as a tax that will ONLY be paid by corporations. They are either paid by the employee's, the customers or the shareholders.
So all you are doing is giving shareholders a chance to distribute that tax amongst the three groups at their own discretion.
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My b.s. meter is tingling at a lot of what you said (enough that on reddit I'd accuse you of being a shill), but you're being blatantly disingenuous about healthcare. It's true that emergency rooms won't turn anyone away (and maybe you bailed on the resultant bill as a "poor" college student), but Medicaid does nothing for most and even for those who qualify it gives nothing in the way of preventative care.
Medicaid does nothing for most and even for those who qualify it gives nothing in the way of preventative care What? That's patently false. Medicaid provides access to a wide range of providers and requires almost no financial contribution (you get a prescription filled and it's $3-5; if you can't pay it's free). As for preventative care, it's actually a focus of Medicaid! There are numerous programs offered that pro…
Qualifying for Medicaid is onerous and most are "not poor enough".
Thanks for the almost completely irrelevant link though, really managed to waste a lot of my time.
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Do you libertarians even listen to yourselves? The amount of disease that would spread... "hustling sketchy shit" is not a sustainable model of entrepreneurship.
Your comment (and others) are not adding anything to the discussion. It's fine if you disagree, just do it in a civil manner.
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Medicaid does nothing for most and even for those who qualify it gives nothing in the way of preventative care What? That's patently false. Medicaid provides access to a wide range of providers and requires almost no financial contribution (you get a prescription filled and it's $3-5; if you can't pay it's free). As for preventative care, it's actually a focus of Medicaid! There are numerous programs offered that pro…
You're sidestepping the argument. Qualifying for Medicaid is onerous and most are "not poor enough". Thanks for the almost completely irrelevant link though, really managed to waste a lot of my time.
The ACA just increased Medicaid eligibility to 133% of the Federal Poverty Level (~$40K for a family of 4). I would argue that's a pretty reasonable cutoff for those in need.