Published transcripts of Bernie's Wall Street speeches

 
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Also, way to not even address Clinton's college plan. I spent, like, 1 whole minute finding that for you.
Because reading.

Is it bad? No. Would it help? Yes. But it seems to treat more symptoms than it does the disease, focusing more on things like interest rates and refinancing options than it does the fact that tertiary education is fucking absurdly expensive.

In-state college assistance? That's great in some respects, but if you're stuck in a shit state that doesn't have very good schools...well...good luck. The difference between in-state and out-of-state tuition is obscene.

So like we addressed in the last thread, you want Sanders to essentially dismantle and rebuild four essential government systems - colleges, healthcare, immigration and elections. You also want him to rebuild our infrastructure, completely rethink how we engage in foreign affairs while we are in the midst of a psuedo-war, and also somehow overhaul criminal justice laws at a federal level.

You want all of this done, or at least making decent progress, within four years, through (at best) a split Congress, and when the global economy is still recovering. Oh, and for fun - lets add in the fact that Sanders likely will have to get a justice appointed to the Supreme Court amidst all of this.

And nothing less than this is satisfactory?
Last Edit: February 22, 2016, 11:08:48 PM by Icy


 
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This is the way the world ends. Not with a bang but a whimper.
and when the global economy is still recovering
It has already recovered.

Get used to the new normal.


 
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and when the global economy is still recovering
It has already recovered.

Get used to the new normal.

This is why I avoid economics.


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Also, way to not even address Clinton's college plan. I spent, like, 1 whole minute finding that for you.
Because reading.

Is it bad? No. Would it help? Yes. But it seems to treat more symptoms than it does the disease, focusing more on things like interest rates and refinancing options than it does the fact that tertiary education is fucking absurdly expensive.

In-state college assistance? That's great in some respects, but if you're stuck in a shit state that doesn't have very good schools...well...good luck. The difference between in-state and out-of-state tuition is obscene.

So like we addressed in the last thread, you want Sanders to essentially dismantle and rebuild three essential government systems - colleges, healthcare, and elections. You also want him to rebuild our infrastructure, rethink how we engage in foreign affairs, and change criminal justice laws at a federal level.

You want all of this done, or at least making decent progress, within four years, through (at best) a split Congress, and when the global economy is still recovering. Oh, and for fun - lets add in the fact that Sanders likely will have to get a justice appointed to the Supreme Court amidst all of this.

And nothing less than this is satisfactory?
Yes, I do want all those things.

Had we taking baby-steps to address these issues over the last...say...half-century, then it wouldn't be so radical a suggestion. But we didn't. It's like not going to the dentist for 20 years then being surprised that you have cavities in every tooth.

And I'd be more inclined to support a secondary candidate like Hillary if she didn't seem like everything we've seen as part of the problem. I simply don't believe her, and I don't trust her.


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and when the global economy is still recovering
It has already recovered.

Get used to the new normal.
The economy may have, but your average Joe still feels it in his bank account.


 
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Also, way to not even address Clinton's college plan. I spent, like, 1 whole minute finding that for you.
Because reading.

Is it bad? No. Would it help? Yes. But it seems to treat more symptoms than it does the disease, focusing more on things like interest rates and refinancing options than it does the fact that tertiary education is fucking absurdly expensive.

In-state college assistance? That's great in some respects, but if you're stuck in a shit state that doesn't have very good schools...well...good luck. The difference between in-state and out-of-state tuition is obscene.

So like we addressed in the last thread, you want Sanders to essentially dismantle and rebuild three essential government systems - colleges, healthcare, and elections. You also want him to rebuild our infrastructure, rethink how we engage in foreign affairs, and change criminal justice laws at a federal level.

You want all of this done, or at least making decent progress, within four years, through (at best) a split Congress, and when the global economy is still recovering. Oh, and for fun - lets add in the fact that Sanders likely will have to get a justice appointed to the Supreme Court amidst all of this.

And nothing less than this is satisfactory?
Yes, I do want all those things.

In four years.

And we are still saying that Bernie Sanders supporters have a good understanding of government and how it works?




 
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Yeah man, issues specific to younger people are so important.
Considering that younger people are going to be the politicians and doctors and lawyers and workers of future generations?

Yes. Issues specific to younger people are among the most important issues--if not THE most important issues.

Ever. By far, the most myopic thing you've ever said. And you've said some myopic shit.
Last Edit: February 22, 2016, 11:17:48 PM by Verbatim


 
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This is the way the world ends. Not with a bang but a whimper.
The economy may have, but your average Joe still feels it in his bank account.
My point was the economy has recovered because of significant and harmful processes in the labour market and in other areas affecting aggregate supply. We've recovered because potential output has been revised down constantly since the Recession; we've recovered by atrophying.


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Also, way to not even address Clinton's college plan. I spent, like, 1 whole minute finding that for you.
Because reading.

Is it bad? No. Would it help? Yes. But it seems to treat more symptoms than it does the disease, focusing more on things like interest rates and refinancing options than it does the fact that tertiary education is fucking absurdly expensive.

In-state college assistance? That's great in some respects, but if you're stuck in a shit state that doesn't have very good schools...well...good luck. The difference between in-state and out-of-state tuition is obscene.

So like we addressed in the last thread, you want Sanders to essentially dismantle and rebuild three essential government systems - colleges, healthcare, and elections. You also want him to rebuild our infrastructure, rethink how we engage in foreign affairs, and change criminal justice laws at a federal level.

You want all of this done, or at least making decent progress, within four years, through (at best) a split Congress, and when the global economy is still recovering. Oh, and for fun - lets add in the fact that Sanders likely will have to get a justice appointed to the Supreme Court amidst all of this.

And nothing less than this is satisfactory?
Yes, I do want all those things.

In four years.

And we are still saying that Bernie Sanders supporters have a good understanding of government and how it works?
...and Hillary only kinda addresses one of those issues - college. She says she has a plan for campaign finance reform...at the same time as taking in the most money from the biggest donors. She has no plan for universal healthcare.

Yes, she voted for the Iraq war, and yes she has said it was a mistake, but it still put us trillions of dollars in the hole that we didn't have.

It's ok to spend trillions on wars, but not on our own people? That's some ass-backward shit. It's shit like that which pads the wallets of all those defense companies (Hillary's friends) and fucks the rest of us.
Last Edit: February 22, 2016, 11:17:59 PM by Mad Max


 
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This is the way the world ends. Not with a bang but a whimper.
Issues specific to younger people are among the most important issues--if not THE most important issue.
What about when issues which aren't specific to younger people are the more important ones, even for younger people. Your free college won't mean jack shit if we don't address issues like entitlement spending, infrastructure, inequality etc.

Let's face it, young people in America are some of the most fortunate people on the planet and half of them have the fucking gall to complain that their future career path isn't being paid for by other people. Fuck young people, they're idiots; most of them either have no idea what's good for them, or don't fucking care. Exactly like pretty much everybody else. The fact that Bernie has a bunch of self-entitled GIB MONEY SO I CAN HAVE A HIGH PAYING JOB faggots behind him is a fault more than anything.


 
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This is the way the world ends. Not with a bang but a whimper.
It's ok to spend trillions on wars, but not on our own people?
Defence spending - 4pc of GDP.
Welfare expenditure - 19pc of GDP.


 
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What about when issues which aren't specific to younger people are the more important ones, even for younger people. Your free college won't mean jack shit if we don't address issues like entitlement spending, infrastructure, inequality etc.
You can address all of those things--but I'm just saying, if you're making a tiered list of what you consider the most prioritized issues for your country, to place the intellectual welfare of your youth anywhere other than near the top of that list is just fucking ludicrous.

You say fuck young people because they're idiots--so your solution is to keep them idiots.

And sap them of all their money, too, for good measure. Or their parents' money, at least. Brilliant.
Last Edit: February 22, 2016, 11:38:30 PM by Verbatim


 
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This is the way the world ends. Not with a bang but a whimper.
so your solution is to keep them idiots.

And sap them of all their money, too, for good measure. Brilliant.
I'm pretty sure you know that's a mis-characterisation of what I actually think.

You also avoided my point, which is that youth support for Bernie is meaningless because young people are fucking dumb. That doesn't entail avoiding issues specific to young people, merely that listening to them is not usually a good way of forming policy.
Last Edit: February 22, 2016, 11:40:31 PM by Meta Cognition


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so your solution is to keep them idiots.

And sap them of all their money, too, for good measure. Brilliant.
I'm pretty sure you know that's a mis-characterisation of what I actually think.

You also avoided my point, which is that youth support for Bernie is meaningless because young people are fucking dumb. That doesn't entail avoiding issues specific to young people, merely that listening to them is not usually a good way of forming policy.
Maybe if we made better education available to them they wouldn't be fucking dumb, but that costs money.


 
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so your solution is to keep them idiots.

And sap them of all their money, too, for good measure. Brilliant.
I'm pretty sure you know that's a mis-characterisation of what I actually think.
You may not think it, but you enable it with your ideology.

If you'd rather not have the rich pay for student tuition, that's basically the same thing as saying "I want millions of young, dumb people in debt."

You may not nominally believe that, but those are the consequences of your beliefs. You want the rich to get richer and the poor to get poorer. I'd at least have some respect for your convictions if you were honest about it.


 
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"I'd rather have billions of dollars worth of cash burn holes in the pockets of a bunch of rich fuckholes, utterly wasted, than I would oblige them to make life a little bit easier for future generations the only people in the universe who really matter. The rich deserve their money, for [some reason]. We have no right to help secure a better future for our youth, because that would involve forcing people into being good and charitable--even though it's virtually impossible for human beings to be good and charitable on their own. Fairness is too much to ask for from humanity."

If you don't want college to be free, this is what you believe. Embrace it.
Last Edit: February 23, 2016, 12:14:02 AM by Verbatim


 
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This is the way the world ends. Not with a bang but a whimper.
but you enable it with your ideology.
Which is a ridiculous thing to say.

I suppose I enable racism because I'm opposed to affirmative action? My goals for HE policy revolve around making people smart, and not sapping all of their money in the process and not being inequitable in the funding model. Despite what Sanders wants people to believe, all of the problems in the US cannot be solved by the government throwing more tax money at it.

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If you'd rather not have the rich pay for student tuition, that's basically the same thing as saying "I want millions of young, dumb people in debt."
No, it isn't. It's saying "There are better ways of financing the higher education system than general taxation". Do they entail debt? Yeah. But debt isn't some big spookeh ghost waiting to jump out of your closet; debt is an issue in America because America has a buttfuck dumb loans system.

And let's not talk shit, the government can't fund its current obligations, no way in hell only the rich will pay for free higher education nationally. Do people even grasp the magnitude of what this policy implies? Do you know how Germany manages to offer free higher education? They effectively bar half of the population from ever getting a degree; would you prefer that to some system which involves debt?

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You may not nominally believe that, but those are the consequences of your beliefs.
The consequences of my beliefs that people should have access to the best education possible and not be poor is that people will end up stupid and with no money?

Are you even paying attention to what I'm saying, man?

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You want the rich to get richer and the poor to get poorer.
Verb, what the fuck is this shit?


 
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This is the way the world ends. Not with a bang but a whimper.
"I'd rather have billions of dollars worth of cash burn holes in the pockets of a bunch of rich fuckholes, utterly wasted, than I would oblige them to make life a little bit easier for future generations the only people in the universe who really matter. The rich deserve their money, for [some reason]. We have no right to help secure a better future for our youth, because that would involve forcing people into being good and charitable--even though it's virtually impossible for human beings to be good and charitable on their own. Fairness is too much to ask for from humanity."

If you don't want college to be free, this is what you believe. Embrace it.
Right, because college can just be free. Just like that. Bernie will waltz into the White House, snap his fucking fingers and all of a sudden no student will have any debt (never mind the fact that "free systems" still incur debts on students in some manner, if not for tuition).

It's not like economists have studied this or anything, Bernie can do what he wants through willpower alone.


 
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This is the way the world ends. Not with a bang but a whimper.
Maybe if we made better education available to them they wouldn't be fucking dumb
Now you're talking about primary and secondary education.


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Maybe if we made better education available to them they wouldn't be fucking dumb
Now you're talking about primary and secondary education.
...which also suck. The US has some of the greatest universities in the world, but what good are they if our own kids aren't prepared for them?


 
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This is the way the world ends. Not with a bang but a whimper.
but what good are they if our own kids aren't prepared for them?
Exactly my point.

What's the fucking point in having free college is those colleges have to try and educate people spat out by a failing primary and secondary public school system? All of this noise about reforming higher education--which is not just coming from Bernie--is largely a case of politicians unknowingly kicking a problem down the road.


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but what good are they if our own kids aren't prepared for them?
Exactly my point.

What's the fucking point in having free college is those colleges have to try and educate people spat out by a failing primary and secondary public school system? All of this noise about reforming higher education--which is not just coming from Bernie--is largely a case of politicians unknowingly kicking a problem down the road.
Major K-12 reform is needed and absolutely needs addressing soon. Bernie hasn't done much in the respect. I think he mentioned something about head-start programs but...that's just a drop in the bucket of what we need.


 
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I suppose I enable racism because I'm opposed to affirmative action?
No, because affirmative action is garbage--but your refusal to acknowledge race as a social construct sometimes leaves me wondering

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debt isn't some big spookeh ghost waiting to jump out of your closet
Oh, of course. It's a lot more insidious than that. I don't think it matters what type of monster it is, though--it's still a monster, and the difference between you and me so far is that I want to vanquish the monster entirely, and you want to keep it around.

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Do you know how Germany manages to offer free higher education? They effectively bar half of the population from ever getting a degree; would you prefer that to some system which involves debt?
Well, sure, that seems reasonable--in the same way that barring certain people from the voting booths seems reasonable. I don't need to remind you that there are already colleges in the US that are highly exclusionary already.

Whatever the qualifications are, it would be infinitely preferable to putting students in debt.

Really, free college doesn't even scrape the surface of what I want our education system to be like.
Students should be paid to go to college. "Free college" is a compromise on my part.
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The consequences of my beliefs that people should have access to the best education possible and not be poor is that people will end up stupid and with no money?
Well, yeah, because putting people in crippling debt does exactly that. It makes them poor.

They wouldn't be poor if the 1% just did the right thing for once. We shouldn't even have to ask them--they should just do it. That's the most fucked up part.

Fairness is too much to ask of humanity. People can't be expected to be charitable--so we should force them.


 
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I knew K-12 reform was going to come up--obviously it needs to be improved as well.

They both need to be improved. They're not mutually exclusive.

The reason I never bring it up is because I happen to be a college student myself, so excuse the bias.


 
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This is the way the world ends. Not with a bang but a whimper.
your refusal to acknowledge race as a social construct sometimes leaves me wondering
My position on race is that it's a biological phenomenon insofar as sub-populations differ phenotypically. This is literally the most uninteresting opinion you could've picked on.

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and the difference between you and me so far is that I want to vanquish the monster entirely, and you want to keep it around.
I suppose the fact that your chosen policy would increase the national deficit is irrelevant. . .

Or does public debt not count? If you hate all kinds of debt, why are you not literally railing against government excess given how we have a debt-to-GDP ratio unprecedented in peacetime? Why the inconsistency?

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I don't need to remind you that there are already colleges in the US that are highly exclusionary already.
U.S. colleges are exclusionary on academic grounds. Germany excludes that proportion of the population so they can afford it, not because only half of all German high school grads are smart enough. . .

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Students should be paid to go to college.
What the actual fuck?

Students should be paid to pursue something that almost entirely benefits them, and which has incredibly small positive externalities?

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because putting people in crippling debt does
How long are you going to ignore the fact that this is something I want to avoid.

If you're going to challenge my positions, at least give both of us the courtesy of challenging my actual positions.

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People can't be expected to be charitable--so we should force them.
Something something unintended consequences.

I have no idea why you--rightly--believe the world is incredibly fucked up, yet seem to think the government can rectify it if only they'd do the obvious thing. The reason they don't do the obvious thing is because it doesn't work. Humans are not pawns which can be moved on a board, not even by Bernie.


 
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I suppose the fact that your chosen policy would increase the national deficit is irrelevant. . .

Or does public debt not count? If you hate all kinds of debt, why are you not literally railing against government excess given how we have a debt-to-GDP ratio unprecedented in peacetime? Why the inconsistency?
Education is a fundamental birthright, and everybody has the right to one. It's a matter of principle, and it hits a little bit closer to home for me, because I'm a student myself--and I recognize the importance of having an academically robust generation of youths, because they are the future.

That, and I wouldn't necessarily know where else to begin with public debt. I'm sure if I looked into it some more, I'd have more to say about it, but I'd rather focus on the issues that I do know something about, and have something to contribute--even if everyone disagrees.

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Germany excludes that proportion of the population so they can afford it, not because only half of all German high school grads are smart enough. . .
I don't quite understand how eligibility is decided, then. If it's just arbitrary or random, then fuck that.

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What the actual fuck?

Students should be paid to pursue something that almost entirely benefits them, and which has incredibly small positive externalities?
Yes. I'm not saying you have to pay them well--but you should still pay them. I've been told time and time again by the right that without the proper incentives to work, such as monetary gain, people cannot be expected to perform work--or at least, not very well. Once you pay them, you can expect an effort. That's what the right says, and through gritted teeth, I agree.

So, what better way to incentivize learning than to pay students for doing well in school?

And I can't think of a stronger "positive externality" than the prospect of training productive members of society. That's good for everyone.

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How long are you going to ignore the fact that this is something I want to avoid.
I'd say for about as long as it takes for you to explain how your solution is better than the one proposed by Sanders, or myself.
Last Edit: February 23, 2016, 01:20:57 AM by Verbatim


 
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This is the way the world ends. Not with a bang but a whimper.
I'd say for about as long as it takes for you to explain how your solution is better than the one proposed by Sanders, or myself.
  • Change the repayment system to be more like the U.K.'s or Australia's. The more you earn, the more you pay back, and you only begin paying when you earn above a certain income.
  • Funding higher education via loans is more equitable than funding it via taxation; simply soaking the rich will not work, and it's not even how the Nordic countries--which Sanders wants to emulate--work. The revenue required for funding higher education nationally would probably tax people more than the minimal gains they see in wage rises. This is incredibly important in the age of depressed productivity we are currently witnessing.
  • Higher education is something which is pursued while an adult; it is something you choose to pursue after having received both your entitlement and duty to non-tertiary education.
  • Funding it via loans from the students themselves offers a lot more security than simply being a figure on a government budget; if costs spiral out of control due to some issue in the higher education market (or government mishandling), a left-wing Congress is not going to be jumping at the chance to control those costs. And, similarly, it saves higher education from the chopping block of any right-wing Congress which will want to pursue austerity at any point.
  • This discussion is one about the best funding model, not quality of or access to higher education. Like I've said, the U.S. has an 89pc enrolment rate and there is no evidence of credit constraints on potential students, at least not since the federalisation of the loan system. Educational investment at the tertiary level already occurs. the question we are discussing is strictly regarding the best way to finance it.
Last Edit: February 23, 2016, 01:29:36 AM by Meta Cognition


 
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To be honest with you, I don't even remember what I was doing last night, because I had been up for 28 hours. I don't even remember posting in this thread. That said, I've read through and chuckled at some of my posts--I didn't say anything that I didn't honestly believe, but I realize now that I could've phrased my shit a little better, so, my apologies.

Anyways,

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  • Change the repayment system to be more like the U.K.'s or Australia's. The more you earn, the more you pay back, and you only begin paying when you earn above a certain income.
And what is that certain income? What if you're never above that certain income? What then?
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  • The revenue required for funding higher education nationally would probably tax people more than the minimal gains they see in wage rises.
This kinda went over my head, sorry. Rephrase?

I worked out that, with a billion dollars, you would only be able to pay for ~20,000 students to give them a free ride to college (assuming the average student's tuition is ~$50,000). Not gonna lie--that's a frighteningly low number. It helps put things into perspective, and I'll have to mull that over.
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  • Higher education is something which is pursued while an adult; it is something you choose to pursue after having received both your entitlement and duty to non-tertiary education.
I still don't necessarily agree with this. I'd like that to be true, but right now, I don't think it is.

Far too many jobs in this country (as in, all of them that are worth having) want you to have a degree for that to be true.
Last Edit: February 23, 2016, 10:02:57 AM by Verbatim


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Far too many jobs in this country (as in, all of them that are worth having) want you to have a degree for that to be true.

This just isn't true, though. There are tons of jobs that don't require degrees with plenty of room for advancement and the ability to earn a degree later on to qualify for higher positions.