Hello Richard,
Why should those who provide loans so as to make exorbitant
profits they do not deserve from those who are trying to
learn the skills they need in order to become gainfully employed?
Loan provider are actually working. They put people who
needs money in touch with people who is willing to lend
money. It is just that the whole process is not easily
apparent. You put your money in a savings plan. The bank
gives that money to somebody who asks for a loan. Do you
see how it works?
All banking is scam. But that is another issue for another
day.
Usury should be banned. As well as other forms of lending.
It is no different than price gouging, taking unfair advantage
of others - just because they can.
A hurricane is approaching. People need gas to fill up their
cars in order to evacuate. Gas stations jack up their prices
in order to maximize their profits. Convenience stores jack
up their prices for water and other necessities in order to
maximize their profits.
They (the price gougers) should all be thrown in jail - with
the key being thrown away.
Young people have a hard enough time finding a job, much less
paying for a new car, a starter home, and other necessities.
Why saddle them with debt that would take them thirty years to
pay (assuming they can repay it at all)?
People does not saddle other people with debt. People
get indebted on their own will. If you put the saddle on
it is not the fault of the loan provider.
Lenders saddle people with debt. So much debt it cannot be repaid.
That is not the fault of those who borrowed the funds, but from
those lenders who charged exorbitant rates of interest making those
loans impossible to be repaid.
If you don't feel like coping with the debt don't take
it. There are lots of things other than college you can
do with your life.
Student loans used to have low interest rates. Today that is
no longer true. People used to be able to afford to repay student
loans withing a reasonable period of time. Today that is no longer
true, and in some cases impossible. It is not the fault of those
who took out student loans in order to get ahead in life, but those
who sought to take advantage of others by charging exorbitant interest
rates - just because they could.
Face it. Everything ought to be free.
No such a thing can ever exist. I dare you to prove me
wrong. Start by getting my second novel translated to
English for free at proffessional quality (if you don't
speak? Spanis hyou may learn from a free source or
outsource the task to somebody who will do it for free)
SweePea always had his hand out for Popeye to get him a hamburger.
Who gave Popeye the spinach he loved so much? Certainly not Olive
Oyl, who was Bluto's girlfriend. No, much better for everything
to be free. That way, nobody would have to beg anymore. Not
even SweePea or Popeye.
Everything ought to be free, so translations of books
ought to be free. It is gonna take three months of work
but you will do it for free because hakuna matata.
Popeye was a Navy guy, and let his fists do the talking.
A language everybody understood. Bluto was the sweet-talking
guy, who loved to charm women (such as Olive Oyl).
Now you may say that you meant that everything ought to
be provided by the government, which is entirely
different than "everything ought to be free". Two
reasons why such a thing will fail:
Believe, and thou shalt receive. Regardless of who thou
receiveth it from.
1) If the government becomes the sole provider, it
becomes a monopoly. A Monopoly on education is as bad
as a Monopoly on electric power and Internet Services
for the same reasons. You may counter by telling me
that "the people" controls the government and thus is
not likely to abuse its power over consumers. I will
argue there is no sustainable evidence of that.
"We the people" passed and ratified a Constitution
of limited government, not unlimited. That way, "we the
people" get everything they truly deserve. Which is to
say, everything they always wanted. At least, that was
the idea. Back in the day.
However, "we the people" has become much more people today.
Not just white people. Not just men. Not just wealthy people.
Not just rich people. One day, not just adults.
2) For the government to be able to provide things
for free, somebody must provide for the government.
Since the government is giving stuff away asking
nothing in return, then I have no reason to work for
the government. Or worse yet, for anybody. The only
thing the government can do is to take your stuff
away and give it to you once again. You have an
apple. The government takes your apple away, now it
gives it back to you. You eat the apple. You ask
for another apple. The government takes an apple from
Jack and you eat it. You ask for another apple.
There are no more apples because nobody has made them
(why would they make apples if the government would take
them away with no compensation?) You end up pimping
your daughter in order to be able to buy apples
at the black market.
When we run out of things to give ourselves, we can
always get those things from somebody else. Such as
south of the border. And north of the border. And
east of the border. And west of the border. It
will be like Manifest Destiny all over again ...
--Lee
--
Make Sure Your Next Erection Is In Safe Hands
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