Thread by @bansisharma

1. Student Debt Crisis: A Problem Without a Cause

Have you ever heard Democrats complain about any problem without blaming someone for it? That is, until now ... in the case of Student Debt Crisis? Democrats have finally discovered a problem without a cause. Allow me to explain.

2. Fundamental deceit at the core of the student debt crisis is the conspicuous absence of any mention of root causes. Are colleges charging too much, or wasting too much money, or the lender is exploiting the loan recipients by luring them, or charging usurious interest rates?

3. Which is it? Democrats won't blame the colleges because they are nests of liberalism where future Democratic voters are hatched. And Democrats won't blame the lender which is the govt itself, and is the mother hen for Democrats. [Obama moved student loans from banks to govt]

4. So mysteriously, Democrats, for once in their lives, have discovered a problem without a cause. Now what do they do to justify their new scheme for debt forgiveness? They trot out a fabricated lie about a totally unrelated event to rile up people's emotions for misdirection.

5. Bernie says student debt should be forgiven because ... Wall Street. What the fuch! What nonsense of an argument is that? Wall Street was loaned money to bail it out, it wasn't given free money. Wall Street repaid, with interest. And govt actually made a profit on the bailout.

6. You want to fix the problem, retrieve the money from where it went. Colleges charged enormous sums of money for worthless diplomas in many cases. Make colleges pay back their ill gotten loot. That's what you would do to any supplier who delivered a shoddy product or service.

7. Unless you make colleges accountable for delivering a quality product for what they charge, student debt forgiveness at taxpayers' expense is nothing but a recipe for creating even more moral hazard. On which planet rewarding failure doesn't create even more failures?

The End