Univ of Mich dropping $15m annually on diversity and inclusion staff........no wonder kids can't afford to go to college
The 60 bill being printed…to reduce inflation…thats allocated to diversity will prob be tacking on a 0 there next year.
Univ of Mich dropping $15m annually on diversity and inclusion staff........no wonder kids can't afford to go to college
Overwhelming popular to the ones in debt maybe. Not so much for us who either payed off their debt or didn’t go to college at all.Let’s all pay higher taxes for those who have made bad decisions in their education choices. Makes since right?Forgiving a small amount of debt (10k) for borrowers making under a certain threshold (125k) seems pretty reasonable to me.
This is a subsidy placed directly into the hands of Americans who will put this money directly back into the economy.
You all want corporate tax breaks and deregulation, you all want subsidies given to banks and large corporations but you bristle at any support for working people struggling to make ends meet.
You are being naive if you think there's going to be some kind of meaningful backlash that impacts electoral politics. This is an overwhelmingly popular decision.
I don't think the actual number in the end will be that large. Biden is also restarting loan payments in Jan (federal student loan payments were suspended under Trump and never restarted). That alone will offset about $200B in costs.
That said, EOs have gotten out of hand. That's both sides. We live in a time that these two parties just want to oppose each other, no matter what the consequences are for us. That is one of the reasons presidents do so many EOs. And don't get me started on signing statements, that shit is just dirty.
That said, EOs have gotten out of hand. That's both sides. We live in a time that these two parties just want to oppose each other, no matter what the consequences are for us. That is one of the reasons presidents do so many EOs. And don't get me started on signing statements, that shit is just dirty.
Couldn't agree more on the EO's and the parties just wanting to oppose each other. It feels like it's more important to rip out everything the prior president put in place just to maintain the support of the respective party.I don't think the actual number in the end will be that large. Biden is also restarting loan payments in Jan (federal student loan payments were suspended under Trump and never restarted). That alone will offset about $200B in costs.
That said, EOs have gotten out of hand. That's both sides. We live in a time that these two parties just want to oppose each other, no matter what the consequences are for us. That is one of the reasons presidents do so many EOs. And don't get me started on signing statements, that shit is just dirty.
So let me get this straight. People beginning to pay again on debts they were previously paying on is going to save us $200 billion dollars? Where do they teach this math? The debts were already owed and the interest is already owed because of the amortization term of the debts. So how exactly is that offsetting costs? Or are you just reciting what you heard the White House Press Secretary say? Because she's one of the worst I've ever seen at that job. She barely knows which way is up.
You have never owned a business, so I forgive your ignorance. As a mortgage guy, I would assume that you would know how debt and interest work. By freezing payments on student debt, we created what is referred to as an opportunity cost. As a lender, when someone pays you back you leverage those payments to either:
a) loan out additional funds to drive additional revenue
b) buy stocks or bonds of your own entity
c) invest those funds in capital improvements to drive more revenue
d) deploy those funds as operating capital to other parts of your enterprise to drive more revenue.
Here endeth the lesson.
☝️ The only thing the Biden admin did here was unnecessarily delay a revenue stream that should have already restarted. There is no new incremental revenue here.I understand all that. I knew all that a long time ago and while I am a mortgage guy, I also own my own business as part of that. Prior to this mess debts were being paid and then all the payments on those debts were frozen. Now we're restarting payments far too late but in January. That will restore a previously present revenue stream and none of that is going to aid in the payment of this massive forgiveness that Biden wants to do. We're using prior revenues to pay for a new expense and that's just not how it works. The White House is acting like this is some new revenue stream and it's not. It's the restoration of an old revenue stream that had been suspended for a ridiculous amount of time.
A big part of the US's support for Israel is the fact that they are in a perfect spot to spy on Russia and keep tabs on the Middle East. Not to mention the area was created by the Allies after WWII to give the Jews a homeland, so we're kinda responsible for creating it in the first place.i don't really subscribe to the political horseshoe theory as it truly doesn't make much sense.
israeli support is one of those strange things in american politics where conservative christians care more about it than american jews. take from that what you will (my theory is because conservative christians by default believe in the rapture and most think it will start in Israel, but that's neither here nor there.) that being said, there is a definite balance to be made between showing support for palestinians who have been mistreated for 60+ years, and refraining from using anti semitic comments and remarks which you'll likely find when talking with 18-22 year old kids who don't know better.
i don't really have much evidence behind thinking what american jews believe beyond what my wife's 100% ashkenazi jew family has told me. i know that not all peoples experiences are the same so i don't want to use their beliefs as gospel for the entire jewish american population, but i figured i'd just share my tiny anecdotal experience.
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U.S. Jews have widely differing views on Israel
Jewish Americans – much like the U.S. public overall – hold widely differing views on Israel and its political leadership.www.pewresearch.org
Trump voters obviously representing well in MENSA.Guessing Biden would dominate that lineup of fine American voters.
Reminds me of a previous job where we had a review for our performance but also one for 'soft skills' like leadership, etc. I can't remember what we called it.Univ of Mich dropping $15m annually on diversity and inclusion staff........no wonder kids can't afford to go to college
Not sure if common knowledge but Nasdaq have a policy that forces you to have a certain amount of diversity at the board level in order to list your company on the exchange. The market didn't love that initially but given the bad press around pushback, most just went along with it........... but...... they recently contacted several listed companies and suggested potential de-listing if companies didn't diversify existing boards which has now landed them in federal court.Reminds me of a previous job where we had a review for our performance but also one for 'soft skills' like leadership, etc. I can't remember what we called it.
But one of the rankings on there was 'diversity and acceptance' or something. We got a kick out of that one because you could be rated 1-10. I think the goal was something like a 6. What would a 5 be?
"Mr CU Alumnus, in the past year you have referred to your female coworkers as 'bitches and ho's'. For the coming year we need you to only refer to them as either bitches, or ho's. Not both.'
It was hilarous because it sounded to us like something that should kind of be a no-brainer.