Of all the unfair, unethical, and immoral acts of the Biden administration, their economic policies might be the worst of all. Wealth confiscation and redistribution has taken on so many life forms that it’s hard to cover them all. The latest sham – and blatant vote-buying scheme – comes with student loan forgiveness.
This atrocity comes on the heels of shuttering small businesses during the plandemic, thus moving all commerce to Big Box and online retailers. It was not an accident that trillions of dollars were gained by the largest sellers while the little guy got snuffed out.
Inflation has wiped out savings of those most prudent. Printing money so rapidly led to that inflation, and now prices for everything has accelerated and cruelly affected the most vulnerable. It has also led to a massive housing bubble and priced average Americans out of a home.
Welfare has long existed to plunder from the middle class and send it back to be abused by the dregs of society, something that stimulus checks then doubled down on, along with the cessation of rent payments, loan payments, and inability to foreclose.
Now, though, the overt hatred toward the average American has boiled over. Joe Biden is expected to announce a complete forgiveness of thousands of dollars of student loans, regardless of how idiotic and worthless the college degrees earned are, and in complete disregard as to whether or not some people elected to not go to college, pay for it as they went, or pay it off efficiently.
Or, as in my own family’s case, refinance through a private lender for a lower rate, which is also disqualifying.
The worst part about this is the fact that these elites don’t give a darn about any of it and their are enough idiot sheep out in the world praising this move. In one clip, seen during her failed 2020 run, Elizabeth Warren basically laughs off a question about this farcical and devious government decision. I doubt her opinion has changed much. Watch:
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"I've saved all my money. [My daughter] doesn't have any student loans. Am I going to get my money back?"
Elizabeth Warren: "Of course not."
“I worked a double shift…you’re laughing at me…we did the right thing and we get screwed.”pic.twitter.com/xGWKOZi9av
— RNC Research (@RNCResearch) August 24, 2022
Simply put, this machination by globalist tyrants punishes people for doing the right thing and rewards those who neither deserve our charity nor should expect a dime from us. I have a mortgage – a financial arrangement I entered of my own volition. Should other people help pay it off? If not, what’s the argument against that by the left?
The main argument used for loan forgiveness (i.e. Marxist wealth redistribution) is that it will free up capital. Since the left never operates with limiting principles in mind, it only stands to reason that my car and house payments should be given away too.
Of course, I don’t want that to happen. Free money in the short term can only have disastrous social and fiscal ramifications down the road. As peop;e become more comfortable accepting their UBI from the government, they become less motivated to better themselves and eventually become enslaved by the system. That’s not healthy.
There is then the corrupting reality that free money only destroys a natural free market. Inflation is the most obvious consequence. So sure, these people might not be paying off their loans, but in enough time their stagnant incomes will barely cover the rising cost of everything else.
This is all heading to reparations…which might finally culminate in a racial war. The elites know how to ruin a society.
Hailey Sanibel fiercely loves freedom. She equally detests evil and stupidity, both of which are out of control in the modern world. She is a regular contributor at The Blue State Conservative.
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Featured image: Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 <https://creativecommons.org/licenses/by-sa/2.0>, via Wikimedia Commons