Let’s say she is successful at capping student loan interest at 2%. You are a lender, and you have funds to invest. You are looking for a low risk vehicle to place those funds in.
You can invest it by lending it to a student and get 2% per year, but won’t ever be repaid your principal.
You can buy a 12 month T-bill at 4.15%. Wash, rinse repeat
Or a 10 year treasury note at 4.75%
The only lender who can offer 2% student loans is the Federal government, but only by subsidizing them using money they are in turn borrowing at double the rate they are lending it out at. It currently borrows at roughly 4%–5% for comparable maturities, then bears servicing costs, delinquency, default, forgiveness, and interest-rate risk. Charging borrowers 2% therefore transfers part of the loan’s economic cost to taxpayers.
Department of Education lending costs $3.3 billion each year using Federal Government accounting practices, and $15.0 billion under fair-value accounting, which incorporates market risk more fully and is the systems businesses use.
Our elected politicians have become idiots who get elected solely by promising people free shit. Noone thinks about how it will be paid for.
You know the Democrat party is moving too far to the left when even Bill Maher says they sound too much like communists, and his vote may be in play. Watch the video in this post, it’s worth it.
Bill Maher is at it again…. Making sense!🙌🏻 He’s quoting the DSA party with their agenda!
As he said “they’re supposed to scaring you INTO voting for you!” 😜
They might as well put out we’re all for communism! Oh they did! 😳
So when anyone who wishes any of those things can just walk into a store and take whatever they want, how will businesses react? Of course, they will simply stop carrying those products. Is there anything the left doesn’t want businesses to produce for free?
In his very first round of golf ever played in 1994 at the Pyongyang Golf Course, Kim Jong-il supposedly shot a miraculous 38 under par (a score of 34), which included 11 holes-in-one. It’s always the communist dictators who make the grandiose claims.
It looks like November’s election is going to be “We don’t have any ideas you would like, but we aren’t Donald Trump, so you can feel safe in voting for us.”
The growing rift within the caucus has some mainstream Democrats fretting that progressives like El-Sayed will be tough sells to general election voters in November. Others argue that their “big tent” can include more differing opinions as long as there’s unity against President Trump.
Come to find out, Islam won the global war on terror by claiming to be communist and calling all criticism as “racism” and “Islamophobia.”
This child tries to explain socialism and claims socialism is where workers seize the means of production, but the young commies in this country blame us for not understanding the difference between socialism and communism.
This is why if we don’t educate the younger generation we’re in big trouble because they think that you can just seize the means of production meaning like steal other people’s private property that they spent their whole lives working towards and l businesses that they invested… pic.twitter.com/OtEbXq2WmX
— Insurrection Barbie (@DefiyantlyFree) July 31, 2026
This is exactly what I was talking about when I said children don’t understand economics, business, or anything else. Your communists believe that a worker who made a pen is entitled to an equal share of the profits. Note that she just brushes by the part where “subtracting out all the costs and everything.” All the “costs and everything” is the most important part of the business.
A person putting pieces of plastic together to make the finished pen is doing almost nothing. They aren’t the ones who created that profit, they were just a small link in the chain. They are simply brushing aside the procurement of materials, a facility to manufacture pens, transportation, marketing, sales, accounting, and the hundreds of other things that have to be taken care of to manufacture those pens as being “costs and everything.”
Proving that she has no grasp of business, she claims that a worker assembling 50 pens per hour at a profit of one pound each is creating 50 pounds per hour of wealth, but is only earning 15 pounds per hour and is therefore being cheated out of the “other 25 pounds,” which is an illustration of your average communist’s grasp of both business and mathematics.
This child has the same grasp of economics and business as my niece, who thinks tampons should be free, and to accomplish this, she is going to pay her factory workers in free tampons. That conversation happened four years ago, when she was only 14 years old. Now that same child is 18 and just graduated from high school. She will be voting for the first time this November, and even though she has no idea how the world works and only just now has secured her first job (working at a fast food restaurant) will tell you to your face that she is a committed Socialist.
Did I mention that she is living at home with her mother, her 21 year old sister, and the 21 year old sister’s boyfriend? That’s the flaw with Democracy- it grants decision making authority to a person that can’t manage their own life or affairs, yet somehow assumes that a lot of people who can’t manage anything somehow gains wisdom, insight, and the knowledge of economics and business to a point where they can make decisions that affect the world.
My wife sometimes asks me why I debate lefties online. Here is an example. I made that post about Mamdani’s commie grocery store. Then I got sucked into an online debate. Someone picked up my idea about reselling the stuff from his store, and the left responded with this:
So black people can't shop in your store? I've been reliably informed by the left that black people aren't able to get ID.
Going back to the DSA manifesto I posted about the other day: I want to talk about the changes to our Constitution that the Democrat party wants to enact. I don’t want to talk about the socialist “give me free shit” they always use to entice the useful idiots, because that’s the same old stuff they have been pushing for a decade. No, its their desired changes to our government that scare me. All quotes taken directly from the new DSA website.
Replace the President and Supreme Court with an executive and judiciary chosen by and subordinate to Congress.
This is the scariest of the proposals. Making the supreme court and the executive subordinate to Congress would require that we either rewrite or completely ignore the Constitution. We would go from three co-equal branches of government to a politburo that can literally do whatever it wants. There are absolutely no checks or balances to this system.
Replace the two-party system with a multi-party democracy.
Expand the House of Representatives, implement proportional representation and ranked choice voting in all elections, and abolish the Senate.
Expanding the House and eliminating the Senate was already partially done when we switched to the direct election of Senators, but doing it the way that the DSA wants to do it would take us from a bicameral legislature.
The framers of the Constitution designed a bicameral system during the 1787 Constitutional Convention to achieve three primary goals:
Checks and Balances: Dividing legislative power to ensure that no single house can dominate the government. All bills must be passed by both chambers in identical form before becoming law.
Fair Representation: The system, born out of the Connecticut Compromise, balances the interests of highly populated states (represented proportionally in the House) with smaller states (given equal representation in the Senate). This is also why they want to get rid of the electoral college.
Deliberation: The requirement of a “concurrent majority” promotes thorough debate and prevents hasty, emotionally driven legislation.
The next thing they want is: Establish public ownership of the largest corporations and essential industries to ensure democratic control and accountability to the people. What they mean is that their new expanded House will have control.
Of course, they can’t simply hand that much power over to a potential Trump, so they need to make sure this absolute power lies only in their hands. To that end, they are going to:
Legalize migration,
grant amnesty for all immigrants regardless of status,
provide a path to citizenship for all permanent residents,
end visa caps and quotas.
Extend full voting rights to all permanent U.S. residents
restore the right to vote for incarcerated people and people with criminal convictions.
This is full on communism. There is no other way to put it. It’s coming, and I have been warning of this since 2020. I have already heard people telling me “that will never happen. They will never get the votes.”
The fact is, most people vote party, or likeability, race, or some other factor. Most voters don’t understand or keep up with the issues. They want sound bites, and the Democrat party is promising them free shit. That’s why the socialists are slowing taking over the Democratic party, which is moving more and more to the left with every passing day. Hundreds of socialists are in political office all over the nation. They are making far more inroads to power than are the Libertarians. Even St Petersburg, Florida has a socialist in office, and more coming, as they run as Democrats.
