U.S. Riots of May 2020 over George Floyd and others - ITT: a bunch of faggots butthurt about worthless internet stickers

[💗Freddie Freaker💗]

UH OH STINKY

 

[tigergrinder]

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[Slap47]

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New York is going to be fun.

 

[Syaoran Li]

what the fuck is this even supposed to mean
student loans aren't tied to commodities that can be bought and sold and are subject to market forces and pricing. student loans can't be defaulted on either, and their repayment is guaranteed by the state.
the only way for this "bubble" to "burst" would be if the state itself could no longer cover them, which would mean a complete state bankruptcy, which is literally impossible in america because the fed exists.

Correct me if I am wrong, but isn't one of the reasons why the left keeps pushing for student debt forgiveness is that they're worried if too many students default on their loans that it can overload and crash the whole thing? An entire generation is overburdened with college debt from worthless degrees after all.

The woke SJW's want it completely forgiven because they want free shit, but a lot of neoliberal establishment types push for student loan forgiveness because they know a crash could hurt the colleges and force them to make cuts.

Even if the colleges themselves can't default on student loans, I think individuals can default on them and the government won't cover their loans unless they meet very specific criteria.

 

[DrearyDoomguy]

The thread has slowed down a lot. Fastest growth was from pages 10 to 2100. We all thought the left wing was finished and woke sjw culture was over and companies would tire out. We were all wrong.

Trump better win in 2020 or the long term future of this nation is fucked.

It's been two weeks and it's already dying down.

They've already moved on to lionizing a convicted felon who pointed a weapon at an officer. For a brief period the lefties had a legitimate instance of police brutality and they certainly milked it for all it was worth, but that lasted all of two news cycles. Now we're seeing the inevitable onset of diminishing returns as the powers that be try and prolong the hysteria by introducing any other instance they can possibly find and blunting the potency of the original impetus for this entire shitshow. If they played it smart it could last all the way until November, but if they keep on trotting out examples like Mr. Brooks it'll be no different from the 15+ increasingly trivial cases of "sexual harassment" that the media tried fielding against Trump to try and keep the pressure on after the Access Hollywood tapes.

Remember that both Biden and Bernie came out against the "abolish the police" movement. They wouldn't have done that if this new wave of wokeness were half as potent as it's being made to look via media manipulation.

 

[Migraine Box]

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New York is going to be fun.

link to the article pls?

 

[frozenrunner]

No need for anecdotes. OkCupid released data years ago confirming what we all know, black women are the least likely to get replies from men they're interested in, and are themselves the most likely to reply to men interested in them.

Although black men are actually more likely to respond to a black woman than vice versa, the gap in likely replies between them and other woman is much larger across the board including from black men.

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I find it interesting they broke this data down by race and sex but not by any other info, like body type. Certain ethnicities/races tend to have higher BMIs which will make them less attractive overall, for example.

Of course, they took this data down after they got screamed at for it, so maybe I'm expecting too much.

 

[Johan Schmidt]

I might be being retarded; but aren't student loans basically 'holographic debt'; in that it's essentially the state just moving numbers around, then you pay essentially just a tax increase over a certain bracket? It's not actually held against anything, and no one can take anything from you? It's a figment of our bizarre monetary system.

 

[Hatoful Dandy]

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Although the names are similar, the organizations have very different stances on police relations. While the Black Lives Matter movement has advocated for the “national defunding of the police” and reinvestment of money into Black community resources, Barnes’ foundation wants to “help bring the police and the community closer together in an effort to save lives.”

"The Black Lives Matter Foundation" Raised Millions. It's Not Affiliated With The Black Lives Matter Movement.

Employees of Apple, Google, and Microsoft have raised millions of dollars for the Black Lives Matter Foundation thinking it's the international racial justice movement seeking to end police brutality. That couldn’t be further from the truth.

www.buzzfeednews.com

 

[tigergrinder]

If NYC doesn't get another David Berkowitz by the end of the summer I'll be stunned. They can tell the cops their Neopet told them to do it.

 

[and 127 others]

No need for anecdotes. OkCupid released data years ago confirming what we all know, black women are the least likely to get replies from men they're interested in, and are themselves the most likely to reply to men interested in them.

Although black men are actually more likely to respond to a black woman than vice versa, the gap in likely replies between them and other woman is much larger across the board including from black men.

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I can’t wait to pop some popcorn when the exceptional politics of the left get to this level of insecurity buttressing and preference compensation... to demand that trans black women have the same call back percentages. Equal representation!

 

[Johan Schmidt]

UH OH STINKY
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You forced my hand.

 

[jje100010001]

I can't believe it's taken this long. This is their wet dream though.

Too late though, the peak of the protests has already crested, and the fight has moved back into the political and cultural realm IMO.

He also never carried out his threats, so the effectiveness of the message is reduced to: 'insane man ramblings' rather than 'whyte Nazi terrorist'

 

[Freedom Fries]

Correct me if I am wrong, but isn't one of the reasons why the left keeps pushing for student debt forgiveness is that they're worried if too many students default on their loans that it can overload and crash the whole thing? An entire generation is overburdened with college debt from worthless degrees after all.

The woke SJW's want it completely forgiven because they want free shit, but a lot of neoliberal establishment types push for student loan forgiveness because they know a crash could hurt the colleges and force them to make cuts.

Even if the colleges themselves can't default on student loans, I think individuals can default on them and the government won't cover their loans unless they meet very specific criteria.

Student loans typically can't be discharged because there is no underlying asset to repossess. You can't suck that education out of their brain and sell it to someone as 2nd hand.

AFAIK most student loan debt is owed directly or indirectly to the government through FAFSA. Lots of colleges don't care about the debt. They have the money and no associated liabilities. Some universities do care just because they actually care about the mission of educating people and student well-being, but they tend to be state schools or similar.

 

[DumbDude42]

Correct me if I am wrong, but isn't one of the reasons why the left keeps pushing for student debt forgiveness is that they're worried if too many students default on their loans that it can overload and crash the whole thing? An entire generation is overburdened with college debt from worthless degrees after all.

no. they push for student loan debt forgiveness because people with student loan debt are a massive and reliable voting bloc for them, plus they are all behind the idea that education should be "free" anyway.

"if too many students default on their loans" - this literally can not happen.

see: https://en.wikipedia.org/wiki/Student_loans_in_the_United_States#Federal_loans
>Both subsidized and unsubsidized loans are guaranteed by the U.S. Department of Education, either directly or through guarantee agencies
>United States federal student loans and some private student loans can be discharged in bankruptcy only with a showing of "undue hardship." In contrast to credit card debt, which often can be discharged through bankruptcy proceedings,[93][94][95][96] this option is not generally available for educational loan debt.

so even if you can get the debt removed in bankruptcy (and that's a big IF) all that happens is that the state (via the dept of education) writes off the sum from its annual budget, which is covered by the federal budget.

again, there simply is no bubble that could burst. the housing bubble ten years ago was different because people mass defaulted on loans that were backed by houses, which were now worth almost nothing due to the housing market crash, so a bunch of financial institutions were suddenly stuck in a situation where they could not collect payment anymore nor could they make up for that loss by selling the collateral because that had just lost most of its value. and because the loans had been commodified, repackaged, and traded all over the place, this affected a ton of different financial institutions all over the world.
no such thing could happen with student loans. even if people mass defaulted on them (which is extremely hard to do in the first place) the only institution that would be hit with any damage would be the US government, which definitely would not collapse or go bankrupt due to the fact that it can literally print money on demand.

 

[737 MAX Stan Account]

Any bets on who entrenches themselves first? Mob? Gangs? Cartel? Mix of all three?

You'd think the insider leaks on antifa (especially veritas) would make the masses realize just why infiltration and subterfuge is good for this kind of shit, but then again the masses don't really read past three sentences.

I’m hoping for a Rwanda scenario where they end up wiping each other out.

 

[frozenrunner]

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The Left hates Joker so much they want to rewind the clock and make NYC look like it did in the 70s...?

 

[The Demon]

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New York is going to be fun.

why am i not surprised in the least over this

 

[jje100010001]

Student loans typically can't be discharged because there is no underlying asset to repossess. You can't suck that education out of their brain and sell it to someone as 2nd hand.

AFAIK most student loan debt is owed directly or indirectly to the government through FAFSA. Lots of colleges don't care about the debt. They have the money and no associated liabilities. Some universities do care just because they actually care about the mission of educating people and student well-being, but they tend to be state schools or similar.

Another Obama thing:

https://finance.yahoo.com/news/obama-administration-student-loans-experts-113140861.html

The Wall Street Journal’s editorial board (WSJ) recently suggested that the Obama administration pulled off “the biggest accounting fraud in history” with student loans when eliminating the role of private lenders in the federal student lending market.

Experts who spoke with Yahoo Finance acknowledged the issue with the general policy in hindsight, though they disagreed on who exactly is to blame.

In 2010, Democrats “nationalized the market to help pay for Obama Care,” WSJ asserted. “The Congressional Budget Office at the time forecast that eliminating private lenders would save taxpayers $58 billion over 10 years. This estimate was pure fantasy, and now we’re seeing how much.”

The WSJ op-ed also highlighted the rising number of severely delinquent student loans since then and blamed the Obama administration for expanding plans in 2012 for new borrowers “to reduce defaults, buy off millennial voters and disguise the cost of its student-loan takeover.”

The editorial board then added: “This may be the biggest accounting fraud in history.”

Just like Obamacare, guaranteed government backing gave an opening for providers (Medical and Educational) to drive up prices.

 

[Syaoran Li]

Student loans typically can't be discharged because there is no underlying asset to repossess. You can't suck that education out of their brain and sell it to someone as 2nd hand.

AFAIK most student loan debt is owed directly or indirectly to the government through FAFSA. Lots of colleges don't care about the debt. They have the money and no associated liabilities. Some universities do care just because they actually care about the mission of educating people and student well-being, but they tend to be state schools or similar.

I see.

I still keep seeing articles and hearing about how all this unchecked student debt could pose a major problem for the economy and the education sector in particular, so who knows?

I'll have to look more into this then, since I do know at least some of the articles I've read and seen were clickbait and tried to push the "student loan forgiveness" angle really hard