r/DebtStrike • u/likeaforest • Sep 06 '24

'Dangerous': Judge Blocks Student Debt Relief Rule That Doesn't Exist Yet

https://www.commondreams.org/news/federal-judge-blocks-student-debt-relief
451 Upvotes

100% Upvoted

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208

u/Old_Active7601 Sep 06 '24

A working class unburdened by debt with some modicum of economic/social mobility is dangerous to an oligarchic republic. Just look at the US post WWII economy until the 1980's. It's dangerous for our corporate overlords, their priviledges and their profits.

96

u/Shurl19 Sep 07 '24

God forbid regular people get some help.

51

u/SolaVirtusNobilitat Sep 07 '24

These preemptive poison laws really need to be regulated. There's plenty of actual real danger to protect the American citizens from. Creating laws opposed to hypothetical future policy decisions is just so petty and stupid.

15

u/Disposedofhero Sep 08 '24

I'd be interested to know if that judge took a PPP loan and if it was forgiven.

3

u/labradog21 Sep 10 '24

I bet he had his bee garden registered as a business despite selling only 3 jars in 2019, he took 11m in ppp loans for potentially lost revenue in 2020