Biden Cancels Student Debt, Right-Wingers Explode
The David Pakman Show - August 25, 2022
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Brain Rot: Debt Forgiveness Unfair Because Some People Paid Their Loans
President Biden yesterday announced that $10,000 dollars of federal student loan debt will be forgiven for people making under $125,000 a year, with those who received Pell grants qualifying for up to $20,000 worth of debt relief. Since making the announcement, right-wingers and many in the corporate media have been criticizing the move, with the main argument being that this is unfair to people who already paid off their loans. As Biden was leaving the press event yesterday, a reporter asked him a question about this very topic. The president responded, “is it fair to people who in fact do not own multi-million dollar businesses, they see one of these guys getting all the tax credits? Is that fair?” The other important response to this argument is that people who never had student loans or already paid them off will benefit from this move in other ways. Putting money in more Americans’ pockets will be economically stimulative, as they will have more discretionary income and savings for larger purchases like homes and cars.
CIVIL WAR: Trump Demands Mitch McConnell's Removal as GOP Leader
Donald Trump continues to attack Senate Minority Leader Mitch McConnell and his wife, former Transportation Secretary Elaine Chao, on his platform Truth Social. Trump was upset with McConnell over the Kentucky senator’s recent comments that many Republicans are losing their Senate races because of “poor candidate quality.” This led the former president to post, “The Democrats have Mitch McConnell and his lovely wife, Elaine ‘Coco’ Chao, over a barrel. He and she will never be prosecuted, as per the last paragraphs of this story, as long as he continues to give the Radical Left the Trillions and Trillions of Dollars that they constantly DEMAND. He was afraid to use the ‘Debt Ceiling Card’ in order to stop the most expensive waste of money in our Country’s history, to be spent on the Green New Deal, which will only cause one thing, a Depression.” This statement from Trump suggests the Republican Civil War is heating up just in time for the 2022 midterm races to really get underway.
From yesterday’s show:
Alex Jones Grovels to Trump, Regrets Backing DeSantis
Infowars host Alex Jones issued an “emergency warning” to Donald Trump expressing his support for the former president in 2024 and seeming to back off of his endorsement of Ron DeSantis. Last week, Jones praised the Florida governor and called him “way better than Trump.” The conspiracy theorist talk show host has been growingly critical of the ex-POTUS ever since Operation Warp Speed and Trump’s promotion of the COVID vaccines. Apparently, Jones’s audience didn’t like the shift in direction, since he had to back away from the endorsement he gave. Alex said, “the corporate media edited [what I said] down to a thirty-second clip to make it sound like I’m only for DeSantis and I’ve abandoned you. That’s not true. It’s the contrary.” Who knows if the change of heart by Jones is legitimate, or if he ever even liked Trump or DeSantis in the first place, but he clearly miscalculated.
From yesterday’s show:
DOJ Wants More Surveillance Footage From Mar-a-Lago
The Department of Justice is seeking more surveillance footage from Mar-a-Lago following the search of Donald Trump’s property that took place earlier this month. The DOJ already has their hands on some of it and getting that very footage expedited the process of the FBI going down there to seize the documents. But now the department is seemingly aware that they didn’t get it all. It’s clear that the DOJ is doing everything it can in this investigation to make sure it has a rock-solid case every step of the way as they inch closer and closer to making the unprecedented move of charging a former president. Part of this due diligence may have to include a second sweep of the property if a request for the extra surveillance footage goes ignored.
More on the show:
-- President Joe Biden announces the cancellation of $10,000 in student debt for those earning under $125,000 per year and up to $20,000 for those who received Pell grants for low-income families
-- Republicans meltdown and panic over Biden's student loan forgiveness, as it likely hurts them in November
-- Joe Biden's presidency does a complete 180 with countless successes in the last two months
-- Sadly, self-destructive pettiness is plaguing the online left media space
-- Radical Republican candidate Laura Loomer sobs in a bizarre video while claiming she only lost her Republican primary in Florida due to voter fraud
--Republicans panic as a Democrat has won a swing district by focusing on abortion rights
-- A disheveled and demoralized MyPillow CEO and Founder Mike Lindell says that every vote in Utah is fake
-- Voicemail caller says his doctor, who is a good doctor, believes that Donald Trump is about to be reinstated
-- On the Bonus Show: Primary recaps, man tests positive for monkeypox, COVID and HIV at the same time, Dr Anthony Fauci will step down in December, much more...
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