Sunday, January 12, 2020

Rosenberg Told Yahoo Finance that the Day after the Decision, that “it also kind of [?] incensed me that student loans are treated differently than other debts, especially given the bailout of corporations ... and the housing bubble.”


Sun, Jan 12, 2020 3:15 p.m.

Rosenberg told Yahoo Finance that the day after the decision, that "it also kind of incensed me that student loans are treated differently than other debts, especially given the bailout of corporations ... and the housing bubble."

N.S.: If it "kind of" incensed you, it didn't incense you. Unless you're using sarcasm or irony, there's no reason to ever say "kind of," just like there's no reason to ever say "going forward."

https://www.yahoo.com/finance/news/student-loans-discharged-in-bankruptcy-kevin-rosenberg-190151284.html


'I have a chance now to have a life': Navy vet who won watershed student loan ruling tells his story

For nearly 15 years, U.S. Navy veteran Kevin Rosenberg owed six figures in student loans. But on January 7, 2020, a New York judge ruled that the $221,385.49 in student loan debt owed by Rosenberg ...

www.yahoo.com

Why are student loans different from other debts?

Aren't consumer loans pretty much fungible? Money is money, right? Debts are debts, right?

So, why did former President George W. Bush sign legislation that precluded debtors from discharging student loans in Chapter 7 bankruptcy proceedings? http://www.nbcnews.com/id/7575010/ns/business-personal_finance/t/bush-signs-tougher-bankruptcy-bill-law/



"Bush signs tougher bankruptcy bill into law - Business - Personal finance" | NBC News

President Bush signed the biggest rewrite of U.S. bankruptcy law in a quarter century on Wednesday, making it harder for debt-ridden Americans to wipe out their obligations.

www.nbcnews.com

Why has no elected official pursued this?

Or is it because banksters and politicians are in bed with one another?

https://vdare.com/letters/a-texas-reader-says-sub-prime-lending-boom-got-bush-elected


"A Texas Reader Says Sub-Prime Lending Boom Got Bush Elected" | Letters | VDARE.com

vdare.com


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