4.9 • 720 Ratings
🗓️ 14 April 2024
⏱️ 13 minutes
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| 0:00.0 | At the end of the movie, Amadeus, a composer named Salieri, who's kind of lost his mind for years of failing to compete effectively with Mozart, is moving along and gesturing with his hand as if he were a priest saying, I absolve you, I absolve you. |
| 0:19.0 | And Joe Biden's doing that again this week. I'm Scott Ott with Bill Whittle. I'm |
| 0:23.9 | sorry, with Zoe Rachel sitting in for Bill Whittle and Stephen Green. And this episode of Right Ankle |
| 0:29.5 | is brought to you by the members of Bill Whittle.com. And gentlemen, President Biden has |
| 0:33.3 | added again, despite being rebuffed by the Supreme Court of the United States in his previous |
| 0:38.2 | effort to forgive some $430 million in student debt. This time he's trying it again. He wants to |
| 0:47.9 | relieve some 30 million borrowers of their debt. This time, he's thinking that if they can forgive the accrued |
| 0:56.9 | interest for 23 million borrowers, and by the way, guys, a lot of these people are people who |
| 1:02.6 | had generous repayment plans that basically minimize the amount that they had to pay each month, |
| 1:08.7 | but interest continued to accrue, and now it's ballooned. |
| 1:12.6 | We're going to forgive that. So this is a problem that the government created, and now the government is going to wipe out. |
| 1:18.6 | It also, the new Biden plan aims to cancel the debts, student loan debts of those people who have been paying for the student loans for over 20 years or borrowed it more than 20 years ago. |
| 1:31.8 | The previous deal said that if you've been making payments for 20 years, we're just going to forgive the remainder. |
| 1:37.7 | This deal basically says, even if you haven't been making payments, we're just going to forgive the remainder. Stephen Green, |
| 1:47.8 | I have long thought that part of the reason why a college education is so expensive is because |
| 1:54.8 | the money is so cheap. If you get grant money and low interest loan money to pay for something, it encourages the vendor, in this case universities, to increase the prices because people don't feel the immediate pinch of that, not only because they're on the layaway plan where they're going to be paying for it over time, but because in some cases they're not paying it at all, |
| 2:25.0 | and in some cases they're paying a very low interest rate. And now, well positioned before the November election, the president is standing up and fighting again for those poor beleaguered |
| 2:30.9 | Americans who just can't seem to pay off their student debt, how do Republicans |
| 2:36.4 | who have opposed this notion in the past and whose presidents have appointed the Supreme Court |
| 2:43.5 | justices who rejected it in the past? How do Republicans in an election season deal with |
| 2:49.5 | the president who is trying to look like the good guy |
| 2:52.7 | by helping 30 million Americans get out from underneath this burden? Yeah, by putting it all on |
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