Our System of Checks and Balances is Decimated

Feb 27, 2024

The Biden administration announced forgiving another $1.2 billion in student debt. This is after the US Supreme Court ruled last year that the president cannot forgive student loan debt. 

 

When referring to student loan forgiveness Biden stated "The Supreme Court blocked it. But that didn't stop me" The executive branch is trampling and ignoring another co-equal branch of government, the US Supreme Court. Every president since George Washington has taken an oath to "protect and defend the Constitution". Biden lied. This is an impeachable offence. 

 

The Biden administration has cancelled about $138 billion in student debt for about 3.9 million borrowers through more than two dozen executive actions. 

 

1. Student loan forgiveness through executive order is unconstitutional.

2. The debt will be paid by the taxpayer. Why should someone who paid off their student loans, or never took a loan, or attended college have to pay off someone else's loan?

3. Much of the student loan forgiveness has been directed to groups who vote heavily democrat. This is taxpayer funded politically-motivated vote buying.

 

 

Where does the money come from to forgive student loans? Your tax dollars. 

 

The government has no money. Governments get money from taxpayers and by printing more money. This creates inflation. Everyone pays more for goods due to inflation.

 

 

Your Personal Bank dividends are interest rate sensitive and will thrive in a higher interest rate environment. Dividends are likely to increase for the next several years due to higher interest rates. 

 

Your Personal Bank funds grow income tax-free and you can access tax-free. This shields you from likely higher future tax rates. You can grow your money safely, with guarantees, tax-free, and highly liquid.