Students Fucked By Reagan

[Heywood]

Nice try, Woodie....looking to get your nazi icons off the hook, again. YOu taking lessons from Adolf?

Then, the Bankruptcy Amendments and Federal Judgeship Act of 1984 made it so all private student loans were excepted from discharge too.

That would be your man crush, Reagan, for your information.

Two decades of further tweaks to the bankruptcy code ensued until 2005, when Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, which made it so that no student loan — federal or private — could be discharged in bankruptcy unless the borrower can prove repaying the loan would cause “undue hardship,” a condition that is incredibly difficult to demonstrate unless the person has a severe disability. That essentially lumps student loan debt in with child support and criminal fines — other types of debt that can’t be discharged.

And 2005 would be your basic Texas Twat, Bush.

Whenever bankers need to fuck someone over they wait for a republicunt. Even you should know that by now.

http://business.time.com/2012/02/09/why-...ankruptcy/

From the link you provided:

They used to be. Before 1976, all education loans were dischargeable in bankruptcy. That year, the bankruptcy code was altered so loans made by the government or a non-profit college or university could not be discharged during the first five years of repayment. They could, however, be discharged if they had been in repayment for five years or if the borrower experienced “undue hardship.” Then, the Bankruptcy Amendments and Federal Judgeship Act of 1984 made it so all private student loans were excepted from discharge too

1976 is when it all started and that was under Ford and then Carter.

The Bankruptcy Amendments and Federal Judgeship Act of 1984 was sponsored by......A DEMOCRAT!(Peter Rodino Jr.).

Blame the Republicans if you want, but the Democunts(the majority in the House in 1984) had their hands in the creation of this fiasco too. This is a prefect example of do-gooders allying themselves with special interests. Things get fucked up.

[Losty]

“I do not believe in taking away the right of the citizen for sporting, for hunting and so forth, or for home defense. But I do believe that an AK-47, a machine gun, is not a sporting weapon or needed for defense of a home.”

--Ronald Reagan, in a speech at his 78th birthday celebration in Los Angeles on February 6, 1989.

Even a broken clock is right twice a day.

I was still just a fetus during that speech lol.

[vorlon13]

I'm thinking Reagan's Alzheimer diagnosis was actually made in his first term, not that I am excusing too much of the outrages he committed or were committed in his name, but it explains quite a bit.

At the time he was described as sleepwalking through the presidency by some pundits, the truth was actually a little more severe. IMO, he made being a dunce far more socially acceptable, and t he nation has paid a staggering price for it since.

[Minimalist]

Reagan was an actor reading his lines. The script was being written by Ed Meese and the rest of the criminal cocksuckers surrounding him.