You mean like those Wall Street investment banks and hedge-funds leveraged 300-1, passing off loses to the taxpayers while keeping the profits-is that whom you speak of Queeg, with Goldman Sachs leading the way, being the “takers”, yes, for once queeg you’re correct, those dirtbags and TARP was a scam, and those “takers’ are a national disgrace!

Thank you for pointing thta out.

It is easy for unabashed takers to lecture the producers…..me…me..me….give me more….your bad rich guys….your mean….

Grow up…pay up…bk up….and shut up!

A word to the wise:

I read today that some colleges and universities are refusing to honor transcript copy requests from students who are 30 days or more late in student loan payments. The article I read was about Temple University.

So apparently the degree does not belong to the student anymore. It belongs to the university. And the universities feel that they can withhold your records if you fail to make your payment – even though the university suffers no financial harm since the loan was guaranteed by the US government. But somehow the universities feel that they can retroactively add terms and conditions to the degree after the course of study has been successfully completed!

Welcome to the Twilight Zone!

In the meantime be sure to stock up on certified transcripts!

Chris, there is over $1 TRILLION in student loan today and $350 BILLION is 30 days or more past due. Yes, your college will have to be reset also.

Chris says:
Let me know when the first California City goes bankrupt.
That was Vallejo in 2008, and Stocketon (and maybe San Jose) in 2012.

“Beelz,

That is the BEST laugh I had all day”

That wasn’t my quote, Chris. Go read the posts again.

“The only way to get out of this mess is raise interest rates so people would move it out of the sick stock market and back into small banks that loan it out. It is a win win”

Are you aware that for every one percent rise in the interest rates that it would cost another $100B to service the interest on the national debt?

Like I said before, Chris. There is no good solution to the mess they’ve gotten us into. Either way they turn – we’re screwed. Your solution sucks too. There is no good solution. Only pain. And the longer they delay in addressing the problem – the greater the pain will be.

That is the ONLY thing that will get the retired state teachers and state workers to renegotiate their platinum plated entitlement payouts. They know it is better to get something than near nothing. And that is what will happen when the cities start falling like dominoes.

And you think people hate unions now.