US Joe Biden News Megathread - The Other Biden Derangement Syndrome Thread (with a side order of Fauci Derangement Syndrome)

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Let's pretend for one moment that he does die before the election, just for the funsies. What happens then? Will the nomination revert to option number 2, aka Bernie Sanders? Or will his running mate automatically replace him just the way Vice-President is supposted to step in after the Big Man in the White House chokes on a piece of matzo? Does he even have a running mate yet?
 
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So how would cancelling student loan debt work? I understand that the federal government owns the debt but is that the debt not part of investments? Such, won't cancelling the debt be akin to a default on those loans?
 
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Terrifik said:
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I didn't realize that Biden dabbled in political schizophrenia.

Who actually likes this decision? Conservatives are still worried about Biden granting amnesty to 11 million immigrants and obviating our current immigration system in the process, and liberals don't like the fact that he's ostensibly reaching deportation fever pitch.
 
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LaxerBRO said:
So how would cancelling student loan debt work? I understand that the federal government owns the debt but is that the debt not part of investments? Such, won't cancelling the debt be akin to a default on those loans?
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It seems like no one knows what would happen or no one is talking about it.

I remember debt stoppers or something like that were buying packages of loans and forgiving them, so they were "out" the money. So I imagine yes, it counts as a "write off" or whatever for the government.

It won't end well is my assumption.

Edit: The organization became "RIP Medical Debt." Supposedly they have bought 2 Billion in debt and forgave it all.
 
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Random Internet Person said:
Now we know how they're going to get their money. All we can hope is that China doesn't pull the rug from under us by changing the terms of payment, or changing the deadline for when the debt needs to be fully paid off before they come in and start taking the cash and assets needed to pay the debt.
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you really need to chill the fuck out. china isn't hovering with it's finger over the "fuck the usa lulz" button, their whole MO is to replace the us, not own it. at this point they still need the usa to buy their shit, and not only that, if civil war breaks out tomorrow it will be a major disruption to the world economy, which means theirs is fucked even harder. "pulling the rug" happens when china doesn't need the usa anymore and it's implosion wouldn't blow up in their own face, not a second sooner.

what they want is to keep up the status quo (for now) and keep the usa too busy to notice what they're are doing and possibly interfere the way trump was. the end goal is to take over as the worlds hegemonic power, not put red banners on the white house. the "money they're getting" is instability inside the us and the dems looking the other way, as simple as that. your doomposting is years, if not decades too early.
 
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