Positioning for the Great Reset

Discussion in 'Business, Investing & Finance' started by Concrete Helmet, Nov 24, 2020.

  1. bradgator2

    bradgator2 Rioting
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    I did find a little more info in a forbes article:

    The student loan cancellation initiative will be implemented through the Closed-School Discharge program for students who attended ITT Technical Institutes. ITT, a national chain of for-profit schools, abruptly shut down in 2016 following investigations into potential widespread wrongdoing. The closed-school discharge program allows borrowers to get their applicable federal student loans forgiven if they are unable to complete their degree program due to a school closure.

    According to a Department of Education press release, the administration’s action today “extends relief to borrowers whose attendance at ITT overlapped with a period during which the institution engaged in widespread misrepresentations about the true state of its financial health and misled students into taking out unaffordable private loans that were allegedly portrayed as grant aid.”

    ......

    this new relief only applies to borrowers who were unable to complete their degree due to ITT’s closure, and did not complete their degree elsewhere. It does not apply to borrowers whose school closed after receiving their degree. Only federal student loans qualify, not private loans.
     
    • FireFoley

      FireFoley Senior Member
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      These students left after March 2008. The school did not close until 2016. so okay they were at the school when their was something going on. but what happened after. did none of these people do anything?
       
    • bradgator2

      bradgator2 Rioting
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      The whole thing is weird
       
    • BMF

      BMF Bad Mother....
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      This is just a step 1....get this passed, then go on to the next thing - then the next and the next. It's just like how they approach gun control - they go after a dozen (or more things), get a couple (complain they didn't get it all, and act like they compromised), then go after more gun laws the next session.

      This is similar to the "free college" mantra. Biden announced 'free junior college'....and if they get it they'll then go for free 4-year college....and then shoot for grad school. A typical dem tactic.
       
    • Concrete Helmet

      Concrete Helmet Hook, Line, and Sinker
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      Better bump this back to the top....a little strange lately with global energy shutdowns and fictitious labor shortages...social network outages, vaccine mandates and huge conflict amongst actual numbers who have taken the shot....high grade military equipment left in the hands of our sworn enemies a stones throw from Israel....should I go on?

      The power and social media outages will be the key for when they throw the switch on the currency reset....take this warning as you want but there are things happening that you can't deny.....


      we are getting close...very close.
       
    • Concrete Helmet

      Concrete Helmet Hook, Line, and Sinker
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      BTW if you're banking on bitcoin you will be sh!t out of luck when there is NO POWER... besides they've already figured out the block chain....I urge all of you to go buy a sh!t ton of physical silver.....immediately.
       
    • Concrete Helmet

      Concrete Helmet Hook, Line, and Sinker
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      Was there a hidden message in Powell's speech the other day...worst inflation in many years and we are tapering as we speak....gold been on a steady uptick and silver starting to follow despite rates and the dollar...more and more macro and ex employees of the FED pushing people to get to gold while there is still some around.....
       
    • FireFoley

      FireFoley Senior Member
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      No hidden message IMO. Powell had finally subtly said that inflation is lasting longer or will last longer than he thought. See this week's PPI and CPI. The "owner's equivalent rent" BS is finally showing up in the CPI. Anyway, Powell is interviewing for another term, and if he starts talking rate increases he will be out and Brainerd will be in. she is all about MMT and climate and other non Fed BS. Powell wants another term and if he gets it, he can then step on the gas. This decision of the next Fed Chair could be interesting.
       
    • GatorCatsi

      GatorCatsi ¡No más tacos gratis!
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      The Fed is really stuck between a rock and a hard place.

      They can't raise rates and they can't stop the print without collapsing the global economy.

      Gold and silver look smart.

      Still accumulating bitcoin, though.
       
      • LagoonGator68

        LagoonGator68 mostly peaceful protester
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        Never listen to Crete
         

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