Do you reckon the money you earn is yours?
Just a tiny chicken and egg problem. You wouldn’t make a dime of that without the government enabling you to make it. * Printing the very dollar bills with which people trade. * Public roads. * Rural electrification. * Government subsidized telephone wiring. * Satellite communications. * Police protection. * Military protection. * A criminal justice system. * Fire protection. * Paramedic protection. * An educated workforce. * An immunized workforce. * Protection against plagues by the Centers for Disease Control. * Public-funded business loans, foreclosure loans and subsidies. * Protection from business fraud and unfair business practices. * The protection of intellectual property through patents and copyrights. * Student loans. * Government funded research and development. * National Academy of Sciences. * Economic data collected and analyzed by the Bureau of Economic Analysis. * Prevention of depressions by Keynesian policies at the Fed (successful for six decades now). * Dollars protected from inflation by the Fed. * Federal Emergency Management Agency. * Public libraries. * Cooperative Extension Service (vital for farming) * National Biological Service. * National Weather Service * Public job training. “Why shouldn’t the American people take half my money from me? I took all of it from them.” Edward Albert Filene (1869-1937) Alea dear, grossly mismanaged by whom? The people you elect to Public Office. Tax rates are quite low in the US compared to the rest of the world, we should all be thankful. Ken – Does it really matter where the air you breathe comes from? The plankton, trees and animals take their “interest” too.Your money is also the money of the government that provides for all public works and functions.
maybe it wouldn’t be so terrible if most of those programs weren’t grossly mismanaged.
a huge NO.
Why does Obama support debt collectors to harass people?
http://www.nctimes.com/news/national/article_3b0d18d4-42cf-5b09-ab67-7557f402935a.html To the dismay of consumer groups and the discomfort of Democrats, President Barack Obama wants Congress to make it simpler for private debt collectors to call the cellphones of consumers delinquent on student loans and other billions owed the federal government. The change “is expected to provide substantial increases in collections, above all as an increasing share of households no longer have landlines and rely instead on cellphones,” the handing out wrote recently. The small-noticed sanction would apply only to cases in which money is owed the government, and is tucked into the mammoth $ 3 trillion deficit-reduction plot the president submitted to Congress. Despite the claim, the handing out has not yet developed an estimate of how much the government would collect, and critics reject the logic behind the sanction. “Enabling robo-calls (to cellphones) is just going to lead to more harassment and abuse, and it’s not going to help the government collect more money,” said Lauren Saunders of the Boston-based National Consumer Law Center. “People aren’t paying their student loans because they can’t find a job.” Read more: http://www.nctimes.com/news/national/article_3b0d18d4-42cf-5b09-ab67-7557f402935a.html#ixzz1Zp05Qkt9he wants all the money he can get so he can spend it
Why is Obama the terrible guy here? Don’t get into debt if you can’t afford to pay it back.
Why shouldn’t people who don’t pay their debts be investigated and followed up? Does this look like Disneyland to you where everyone is in a free-for-all charity and money is handed out like no tomorrow. Non-payers should be hounded to the max.
Today more students are taking on larger amounts of federally-backed loans to pay for a higher education than ever before. That’s why it’s imperative that policymakers and other stakeholders know how these rising debt levels affect students after they leave school. On March 17, 2011, the Institute of Higher Education Policy released a policy paper, Carelessness: The Untold Tale of Student Loan Borrowing, that examines student loan debt using data from five of the nation’s largest federal student loan guaranty agencies. These new data provide detailed in rank on how 1.8 million student borrowers manage their federally-backed student loans. To mark the release of this paper, Jason Delisle, Director of the New America Foundation’s Federal Education Budget Project, moderated a panel of experts including Alisa Cunningham Director of Research & Evaluation at the Institute for Higher Education Policy, Justin Draeger, President and CEO at the National Friendship of Student Financial Aid Administrators, Deanne Loonin, Attorney at the National Consumer Law Center, and Dr. Laura Perna, a professor at the University of Pennsylvania Graduate School of Education, who discussed the findings in the report and the greater issue of increasing levels of student loan debt. Video Rating: 5 / 5
School screwed me over now im stuck w studen loans and cant legally work in the feild I graduated in.?
I am so lost I have no thought what to do! I am nearly 23 now and when I was 20 I chose I wanted to go to school to become a massage therapist. I enrolled at a school called ACT ( advanced career training) I was told I would be able to work right after I graduated and that I didn’t have to be licensed to work as a massage therapist. They tossed me around between instructors, one got fired, one quit, one would show up 2 hours late and had no hands on training I didnt feel like I learned anything until my last 2 months with my last teacher. Anyways, less than a month before I graduate I am told that I really do have to be licensed to practice massage therapy starting the month I graduate but that the ciriculum taught did not include everything I needed to know to pass the national test , which i needed in order to get my license. So I graduate with a massage therapy certificate that month, knowing I couldnt do anything with it I didnt know what to do. The school refused to refund me, they said I could take a 3 hour refresher coarse for a few hundred dollars…….I shouldnt have to do that when I payed them 12,000 in tuition and cant even work. I signed up to take the test anyways. The school was going to pay for the first test. They end up giving me a different date than the actual testing center gave me so I missed it and my free test was gone. To take another one would cost alot of money……….knowing i would most likely fail I couldnt waste 200 bucks. I dont know ANYONE from that school who has graduate and working as a massage therapist.So they admit they didnt teach me what I needed to make it out there in that feild. I called them so many times asking for direction or anything because I was going to have to pay back student loans in 6 months. They never returned my calls, everytime I called the last person quit or got fired so I had to clarify everything again. They werent willing to do anything. I got a defferment for a year. Now I am nearly 23, expecting a baby any day now, not working due to my pregnancy and wont be working for at least another year and the student loans have come to haunt me. I have debt collectors calling and my husband shouldnt have the dependability of paying MY loans. I dont know what to do, who to talk to, im not the kind of person to want to sue for 100,000 dollars…….I just feel like I got screwed in this entire deal and I dont want to be stuck with these loans that I cant pay. Now the school has NO massage therapy program anymore and no one knows anything. As if it never exsisted. I have no thought what i can do if I can do anything……..Any advice would be greatly appriciated.You MAY qualify for loan abandonment under certain conditions. I would certainly look into it. http://www.ed.gov/offices/OSFAP/DCS/loan.abandonment.discharge.html If the school committed fraud, you certainly have a case to sue them.. There’s nothing incorrect with suing people who defrauded you. You have the right to sue for the amount of tuition, the money you didn’t make as a massage therapist and legal fees and maybe more. Contact an attorney, most will meet with you one time for free to determine if you have a case.
Unless someone from the school held gun to your head and made you sign those loan papers, it is doubtful you have a case. Ultimatly you are responsible for your debts.. no matter what the product is that you buy or finance. Even the Department of Education says this about borrowing: http://studentaid.ed.gov/students/attachments/siteresources/FundingEduBeyondHighSchool_0910.pdf (page 43) Loan Discharge or Abandonment and Forgiveness Is it ever possible to have my federal student loan discharged or canceled? Yes, but only under rare conditions. A discharge or abandonment releases you from all obligations to repay the loan. Your loan (Stafford and PLUS) cannot be discharged or canceled because you didn’t: • complete the program of study at the school (unless you could not complete the program because the school closed), • like the school or program of study, or • obtain employment after completing the program of study.
The only thing you could do is take the school to court and prove that they committed fraud. Loan companies will not help you because it states in the promissory note that even if you are not satisfied with your education, you are still responsible for paying them back. Sorry about your situation!
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Wow, you are really wierd!
My take home pay is mine to do with what I wish. I earn it because I am an efficient employee. All of these programs would not be possible without some sort of workforce. It’s give and take, but that is a very insightful question.
what you say is true to an extent, these services must be paid by the workers, consumers , but it was on the t,v, where this economist, showed where the different governments got 78% of every dollar one earned, don’t you think that is a little much, your dollar will only buy 22 cents worth of goods??
ALL money is lent into circulation, so ALL money is debt. It is all owned by the issuing Bank. In the case of America, that would be the banks that make up the federal reserve banks. (NOT the federal reserve board, that is a different thing) You may well earn the money, but it does not belong to you, it is debt and at some point it has to go back to the banks.
All money is lent into circulation (in very overly-simplistic terms) at interest. The INTEREST is never lent into circulation, this means that the total (capital + interest) can never be repaid. the banks already own your nation.
Flip Flop Flip Flop now the conservatives are the champions of deadbeats.
Requiring people to buy insurance will be first step to debtors prison for many people.
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